Jim Cramer's 'Mad Money' Recap: A Winning Market
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NEW YORK (TheStreet) -- When good things happen that aren't suppose to happen, that's when you get a winning stock market, Jim Cramer said on "Mad Money" Wednesday. Cramer said there have been a host of negatives that were supposed to be keeping stocks lower but many of them have simply failed to materialize.
The financials have been heading lower quarter after quarter, Cramer noted, but today Bank of America
Even maligned businesses like construction equipment and oil tankers have been bucking the negative trends, with Caterpillar
Even cable TV, which is supposed to be suffering from cord cutters, is seeing stocks such as Comcast
This is what happens when the bad news isn't that bad, Cramer concluded. There's likely more positive news yet to come.
Executive Decision: Barry Davis
For his "Executive Decision" segment, Cramer sat down with Barry Davis, president and CEO of Crosstex Energy
Davis said these are exciting time for Crosstex and a new era for the industry as the oil and gas revolution in America continues. He said his company's new partnership with Devon Energy