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Cramer on BloggingStocks: Bulls in charge

 Aug 24, 2009 02:00 PM UTC
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+2.62% MID
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DELL n/a

Graphic_arrow1 Via BloggingStocks:  

Filed under: Dell (DELL), Market matters, Citigroup Inc. (C), Bank of America (BAC), Cramer on BloggingStocks


TheStreet.com's Jim Cramer says the bulls have the upper hand over the bears now, and history is on their side.

When I hear "light week of earnings" and "light week of data" as I foresee this week, I get excited, because you get to see a full-bore battle between hopeful bulls and desperate bears.

A week in which the biggest earnings announcements are from Winn-Dixie (NASDAQ: WINN) (Cramer's take, Dell (NASDAQ: DELL) Cramer's take and Chico's FAS (NYSE: CHS) Cramer's take, and the biggest report is the Case-Shiller Index, which is sure to give the housing bears a fresh sense of no-bottom/foreclosure-heaven stories regardless of the facts, is a week in which I expect intense skirmishing between mutual funds that want to take stocks higher to generate performance and hedge funds that need stocks lower because they are so far behind the market.

Continue reading Cramer on BloggingStocks: Bulls in charge

Cramer on BloggingStocks: Bulls in charge originally appeared on BloggingStocks on Mon, 24 Aug 2009 09:00:00 EST. Please see our terms for use of feeds.

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