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  Opening Segment #1:
Euro Welcome?
  Wednesday, June 6, 2012
 
 

 

   
 

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Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name

na

na

General market comments, below... 

 
 

   Jim's Quotes from this segment:  

Jim:
          
Will the real economy please stand up? Is it the economy that's definitely stalling, if not faltering, as the lousy jobs number told us last week? Is it the pathetic one, that shows manufacturing slowing in May, after a pretty good run? Is it the sad sack one, that the Federal Reserve is worried about, to the point that it might have to find something else to do to get the recovery back on track?

Or is it the strong economy, made up of American companies that are doing fabulously, well enough to rally huge today? The best day of the year, with the Dow surging 287 points...

So which is it?... Is the economy good or bad? Or maybe, just maybe, it's both.

Make no mistake about it. If we get no deal from Europe this week, and our weekly jobless claims tomorrow morning are pathetic, then all the good talk from Snapple and Alta, or AutoNation or Dick's, or Home Depot, or Lennar, or Toll or Pulte... won't mean a darn thing. And that's the world we're stuck with.

The bottom line...

▼   ▼   ▼   ▼   ▼

Today was a bizarre day, where we actually took up the stocks of companies that are doing well, and there happens to be a great deal of them. But we could only do so because we have hope that the best-case scenario could be playing out in Europe, and we didn't hear anything negative today about hiring in the U.S. All I can say is, listen to me. Savor these days. Because they're unusual. And we'll be right back to the brutal, unforgiving macro salt mine tomorrow.

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[end of segment]

Read Jim's next Segment here  

 

Note:   Pertaining to these stock recommendations & any other, Jim Cramer recommends that we do our homework before investing.   We've provided a free workbook at this StockHomework101 site for this,   here >>

 

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[end of segment]

*Note:  An asterisk next to a stock indicates that Jim owns it currently for his charitable trust.  If you are interested in a particular stock, Jim Cramer recommends that you always do the homework on each stock, and that you wait at least one trading week after his show recommendation to evaluate whether it is a good stock trade or investment for you. 

Market Results today:

Dow:  + 287

Nasdaq:  + 67

S&P 500:  + 30

 

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