Jim Cramer's 'Mad Money' Recap: Supply, Demand and the Bull
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NEW YORK (TheStreet) -- What continues to drive this bull market higher? That was the question Jim Cramer asked his "Mad Money" viewers Monday. His answer? Good, old-fashioned supply and demand.
Cramer said for stocks like Exxon Mobil
But what's happening at Exxon is emblematic of other stocks in the market, Cramer continued. All of the stocks focusing on social, mobile and the cloud are have been roaring, with names including Netflix
Cramer said that back in the dot-com days it was easy to find 10 or 12 companies doing the exact same thing. But in today's market there is only one Facebook, one Twitter
Then there are the mergers and acquisitions, Cramer continued. These two create shortages of stock to buy as, one by one, good companies are getting snapped up in deals that are instantly accretive to the earnings of the acquirers.
All of these items individually might not sound like much, Cramer concluded, but taken as a whole, they're a big part of why money keeps pouring into the markets as interest rates get ready to head high. Even Washington can't undo the buying we've been seeing.
Executive Decision: Joe Papa
For his "Executive Decision" segment, Cramer sat down with Joe Papa, chairman, president and CEO of Perrigo