In the u. S. At the same time, though, this overseas weakness dessimates the International Worries and its a world turned ugly where we dont know a winner from a loser unless it reports outstanding or terrible earnings. A good number can inch your companys stock higher. A bad one and its katie bar the door. So where will the door be barred next week Going Forward . First up on monday, we hear from estee lauder, which, with its Makeup Products has become the worldwide package good company. Amazing. I know its difficult to fathom owning stock that has 30 times earnings but when you repeatedly post surprises, portfolio seeking growth buy your stock at any price. Of course, we saw what happens if you miss in cosmetics. However, estee lauder is much Higher Quality and i think it can, once again, trump the estimates even as it has moved up in tandem with its own excellent earnings performance. I wish i could say the same thing for this guy, for the retailer that reports after the bell monday
Well again im peter w. Watching aljazeera live from the also coming up a truck bomb rocks the somali capital mogadishu security and gunman a fighting it out as a major hotel. A government minister in myanmar suggests ranger refugees fleeing to bangladesh are doing so on purpose to make it look like ethnic cleansing. And what Goes Around Comes Around why these concrete buildings and just what people want. To begin in syria where u. S. Bank forces and the government are reporting advances against syrian state t. V. Says Government Troops and allies have retaken the town of maya deen one of the remaining pockets of i saw territory in. In syria and you can see it here on our map shaded in the black area with dean right in the middle of that mini region the u. S. Bank forces say theyve begun the final battle to defeat the group in iraq or its formally self proclaimed capital there pretty much up in the north of the country and the n. T. I. Still coalitions victories pushed eisel to the regi
Here is what is most interesting. The defensive trades stood out as the biggest winners. Gold seeing the biggest quarterly gain in 30 years. Utilities up 9 . Telecom getting more than 15 . And the tlt rallying 8 for the quarter. So you stick with the winners. Do you stay defensive in q2, guys . I think the defensive nature is why people, specifically me maine still question the validly of this rally. Do you stay with those trades . I think you stay with certain things working. Home depot has been a monster. Cocacola has been a monster. Now were trading up against resistance. Gdx, for example, failed at levels we last saw at may of last year. Steve talks about xlu all the time that is also trading at levels that potentially are double top. So i think there are certain stocks that continue to work in terms of momentum. Some of the trades that have been defensive might be getting a little long in the tooth. You could take a look at the valuation, for instance, grasso on utilities. Utiliti
The crimean referendum, of course, is this weekend. The roadmap begins with continuing Global Concerns led by china and ukraine. Have the markets looking at a modestly higher open this after the major averages logged their worst day since february 3 period. General motors is firing back that air bag failure in recalled vehicles resulted in more than 300 deaths. Target admitting it did not take immediate action after Security Software originally alerted the company to malicious activity after the data breach. And Mark Zuckerberg calls president obama to complain about the governments surveillance programs. First up, though, thursday, the 13, was bad luck for the bulls as worries about a slowdown in china and rising tension between ukraine and russia helped spark a market selloff. All 30 components finishing in the red. And the s p has fallen to negative territory for the year and the nasdaq posting a decline for the fifth time in six sessions. The s p has only had a yeartodate gain nine
Earlier on in the show, we asked you to weigh in on our street fight and decide if the bear or bull won. We tallied the result and you said pete made the better case. He has a million followers on twitter. Thats right. Just saying. He is also not wearing a table cloth on his shirt. Nice shirt, steve. Hungry for some chicken. Its time for the final trade. Lets go around the horn. Tim . Buyer of baidu. Google on dips. Karen . I like wellpoint, even right here. And pete . We talked about amgen earlier, i think that name is going a lot higher. Fantastic. Thank you all for watching. Im mandy drury sitting in for melissa lee. Mad money with jim cramer starts right now. Go out of business. Hes nuts theyre nuts. They know nothing. I 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 trying to save you money. My job is not just the entertain, but teen how you think th