Hold onto gains today have the third positive day in about four sessions as we look at some big gainers on earnings front. Under armour we talked about. Thats the biggest gainer on the s p. That quarter came in better than what was feared even with a one cent loss. Analysts looked for four cent loss revenue. Also better. Stock down 30 so far this year. A bit of a correction higher this morning. Also what stands out to me on earning front is tech outperforms. Paypal earnings out last night. Thats a big part of the story. Wait until tonight. Its like playoffs. I mean, its one particular big night. Microsoft, amazon, big for seattle. Intel coming out. We expect to hear from the new cfo for the first time. Look for that on closing bell. Google. I dont know if i have ever seen a thursday night quite like this one. Its going to be big if you look at the ad market which everyone is. People will watch alphabet. Also looking at alphabets smaller business, other bets including devices, but then
Im jim cramer, and welcome to my world. You need to get in the game firms are going to go out of business, and hes nuts theyre nuts they know nothing i always like to say, theres a bull market somewhere mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends, im just trying to save you a little money. My job is not just to entertain you but to teach and educate, so call me. So we go over the sequestration cliff and what happened . So far, not only did the averages not get crushed but they actually went higher. Dow gaining 35 points. S p rising. 23 and nasdaq increasing. 30 . How can the market keep rising when theres so many things going against us . Consumers are getting squeezed. Higher gas prices. End of the payroll tax holiday. Now we have to cope with the allegedly draconian Government Spending cuts. Not so fast. According to the michigan survey, Consumer Confidence surged. Maybe they arent watching tv. M
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Up next on mad money, dont miss cramers game plan for next week. And who has a better foundation, home depot or lowes. All at the top of the hour on mad. Time now for the buck stops here. Bk . I go short the pound. Gdp u. S. Dollar. Im with him. Also short sterling. Thats the trade. Watch the ecb on thursday, any mention of the u. S. Of your next chance to make a currency trade sunday afternoon. Well see you back here next friday on cnbc opinion thanks for watching. Have a great weekend. Im jim cramer and welcome to my world. You need to get in the game. Hes nuts. Theyre nuts. They know nothing i always like to say, theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramer. If youre trying to make friends, im just trying to save you a little money. My job is not to entertain you but to call you so call me. So we go over the sequestration cliff and what happened . So far, not only did the averages not get crushed but t