Jim Cramer's Best Blogs
NEW YORK (TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
- The relationship between trading in Facebook and Apple;
- problems coming from Europe; and
- the unpredictability of retailers.
Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.
Facebook Friends and Foes
Posted at 10:50 a.m. EDT on Friday, May 18
Is Apple(AAPL) the tell? At this point, Apple is so oversold that you have to believe it can bounce even as there's no news around other than the endless chatter of the "hole" between the iPhone 4s and the iPhone 5 that could cause this quarter to be weak.
The notion of the quarter being weak transcended the notion that the potential owners of Facebook(FB) were most certainly people who owned some Apple. Considering Apple's outsized move, it was a natural place to raise cash, with the alibi being "product hole."
Apple's potential to rally plus the strong showing of highly valued Salesforce.com(CRM) helps the Facebook cause.
And what's against it? While a poll in Greece shows a pro-austerity political line might be gaining steam as it dawns on the political establishment that civil unrest beckons if the European Union kicks them out, you are whistling past a European graveyard if you aren't worried about Europe's control over Facebook by 2 p.m.
At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, was long AAPL.
It's Crunch Time, and I Don't Mean Facebook
Posted at 4:11 p.m. EDT on Thursday, May 17
Oh my, hideous action. We are at a fulcrum moment for this market, when we could be faced with some hideous losses if Europe doesn't act now, or a rip-your-face-off rally if it does.