With the averages roaring higher at the open only to pull back over the course at one point, before ultimately trading back up dow edging higher, advancing, nasdaq climbing. 63 . What is ailing this market . I think its the fact that people expect too much from it. They want a perfect world, something they arent going to get, some combination of low Interest Rates, cheap stock prices, the resignation of Bashar Al Assad in syria. High commodity prices, but low inflation, a president that says no new taxes and that congress that says we need to help create more jobs and were not going to worry about paying for it right now. I say, dream on. You arent going to get that combination. Its too much. Those leaning toward the bear camp, you need to settle for the following. One, while rates have, indeed and are going higher, theyre no longer climbing at a breakdown pace they should so frighten you with their backing and filling along the journey to a 3 ten year. This market can handle a 3 figur
Terrible battleground, when it should be at peace. And we saw this once again today with the averages roaring higher at the open only to pull back over the course of the session. At one point in the red before ultimately trading back up, dow edging higher, s p advancing, nasdaq climbing. 63 . What is ailing this market . I think its the fact that people expect too much from it. They want a perfect world, they want something they arent going to get, some combination of low Interest Rates, cheap stock prices, the resignation of Bashar Al Assad in syria. Higher commodity prices, but low inflation, a president that says no new taxes and a congress that says we need to help create more jobs and were not going to worry about paying for it right now. I say, dream on. You arent going to get that combination. Its too much. Those leaning toward the bear camp, you need to settle for the following. One, while rates have, indeed and are going higher, theyre no longer climbing at a breakneck pace th
A confident retirement. Those dreams have taken a beating lately. But no way were going to let them die. Ameriprise advisors can help keep your dreams alive like they helped millions of others. By listening. Planning. Working one on one. Thats what Ameriprise Financial does. And thats what they can do with you. Thats how ameriprise puts more within reach. 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. Some people want to make friends, im just trying to save you some money. My job is not just to entertain, but im coaching and im teaching, so call me at 1800743cnbc. Now now weve figured it out. Now we know why weve been climbing. Thats how you have to view this Labor Department hiring number that came out this morning. This is terrific. St
S p rose 0. 45 . Nasdaqed advanced 0. 38 . But weve been rallying for weeks on end, including five straight days. Taking out the alltime high. I think thats because the market anticipated this newfound job growth. You know i have been adamant that the economy started Getting Better the moment we had some certainty out of washington, and i dont regard the sequester as being major. It was taxes that i worried about. I measure things like housing, the auto sales. I measure shopping, lending. Plus the boom coming from all of our oil and gas. And these have been signaling these kinds of terrific quotes. Of course, the same people who want you to stay in your paycheck chains came out of their multimilliondollar mansions all week to tell you that you cant buy stocks here because the economy is humming to the point where the fed has to stop its bond buying program. Maybe stifle growth, and rates will shoot up when they try to sell all those bonds. These critics dont believe the fed chief ben b
Paycheck chains came out of their multimilliondollar mansions all week to tell you that you cant buy stocks here because the economy is humming to the point where the fed has to stop its bond buying program. Maybe stifle growth, and rates will shoot up when they try to sell all those bonds. These critics dont believe the fed chief ben bernanke knows what he is doing. And theyve wanted you to sell all of your stocks for the same reason over and over again for thousands of dow points. These are the same wealthy souls who bemoan anything good that happens, because theyve already made it and they dont care if you make it, too. Look, its entirely possible that bernanke actually does the right thing. Interest rates go up. But the economy still gains steam and earnings, theyre not crushed. Thats been whats happened before. Now, i know theres been billions of bonds bought. Okay . But look, its the earnings of the companies that are driving stocks higher. Not the fed. Those earnings are real. T