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Im tyler mathisen. And im sue herrera in for susie gharib. Stocks rallied today on news that former treasury secretary Larry Summers dropped out of the race to be the next chairman of the Federal Reserve. Saying his confirmation process would likely be acrimonious and it wouldnt serve the interests of the fed or the economy. Well talk more about summers decision and whats next for the fed in a moment. For today with summers out of contention traders believe the easy money policies will continue in the postbernanke era so the dow saw another tripledigit gain despite concerns about a horrific shooting alt a Navy Facility in washington, d. C. The dow closing well off the highs of the session but its still added 118 points. The s p was up 9. But the nasdaq ended down 4 points hurt by shares of apple which declined 3 on news t ....
i m jim cramer and welcome to my world. you need to get in the game. go out of business and he s nuts. they re nuts. they know nothing. i always like to say there s a bull market somewhere. mad money, you can t afford to miss it. hey, i m cramer. welcome to mad money. welcome to cramerica. other people want to make friends, no thank you. my job is not just to entertain but to educate. call me, 1-800-743-cnbc. the resilience of this market has been astonishing going on day after day refusing to be held down. which is what happened today with the dow rose 13 point, s&p virtually unchanged despite endless rallies. but next week, next week, it s possible that the bears could finally get the excuse they need to sell like crazy. sell, sell, sell, sell, sell. and push stocks down left and right which is why you need a game plan to help deal with the action. see, on tuesday, the federal reserve going to trump everything. fed, okay. the federal reserve will decide whet ....