Cramer's 'Mad Money' Recap: The Market's on a Roll
NEW YORK (TheStreet) -- The markets are full of great "pin action," Jim Cramer told "Mad Money" viewers Thursday, donning his favorite bowling shirt and shoes and brandishing his bowling ball. To continue the metaphor, Cramer told viewers the ball is now rolling and the market is coming up with lots of strikes.
Today's good news started in China and Europe, which was great for all of the mining, minerals and metals stocks. The short squeeze on stocks like Caterpillar
But the good news didn't stop there. Cramer said the oil stocks followed suit, with Exxon Mobil
With jobless rates falling, spending should be picking up as well, said Cramer, which is why everything from Starbucks
Another standout has been the mobile Internet, with Yelp
And the strikes kept on coming, said Cramer -- from FedEx
No matter where you look, the pins are flying, Cramer concluded. That's great news for investors.
Executive Decision: David Pyott
In the "Executive Decision" segment, Cramer spoke with David Pyott, chairman and CEO of Allergan
Pyott responded to critics by saying everything is looking good at Allergan and he was very pleased to exceed its guidance and Wall Street's expectations on just about every metric. He also commented on the generic competition for the company's dry-eye product, which has many analysts worried.