Actionable news
All posts from Actionable news
Actionable news in CAT: CATERPILLAR Inc,

Investing Moves for a No-Growth World; ETF Distortion: Jim Cramer's Best Blogs By Jim Cramer | Oct 16, 2015 | 09:00 PM EDT

(Real Money) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:

  • Where investors can find profits now.
  • How ETFs and futures can distort even the most straightforward of markets.

Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

Must Read: Morgan Stanley's Top Growth Stocks Are Mostly - Surprise! - Clients

Grasping at Growth: The Hunt Is On

Posted on Oct. 15 at 3:02 p.m. EDT

Here's a quiz. What do you do when there's no growth discernable either here or the rest of the world? The answer? You reach for growth wherever you can find it.

And that's what's happened today. Think about the sequences of events in the last few weeks. First, the Fed says things aren't strong enough to hike rates. Second, we see China putting up very weak numbers. Third, we have major industrial companies like Caterpillar (CAT - Get Report) say things have slowed down. Fourth, we have housing weakening while non-residential construction surveys show a definite pause in building. Fifth, we have major mineral and mining companies like Alcoa (AA - Get Report) say things have gotten quite weak in basic metals. Sixth, we have Delta (DAL - Get Report) yesterday talking about a developing wide-body airplane glut. Seventh, that great job-creating engine, oil and gas, has gone almost full stop because of a huge glut in anything energy.

Finally, eighth, the coup de grace: We have the world's largest retailer, Wal-Mart (WMT - Get Report) , singing the blues about the need to stop the death by a thousand cuts of weaker same-store sales.

You put all these together and you get something that we've seen happen time and again in periods of economic softness: Buyers cut loose from the industrials and go for the gusto, they return to growth.

Where is there real growth in company revenues and prospects? The first place you look is biotech. Here's a sector of the market that switched from bull to bear overnight. Yep, we have had a full-blown bear market in anything that even smacks of biotech. It's been a one-way ticket to sheer hell for weeks now, augmented by fears that the Democratic presidential candidates in their first debate would call for wholesale rollbacks of the major profit source for many of these companies, price increases.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

But with a slowdown that has now become obvious to everyone, and with the Democrats choosing to do nothing more than make offhand comments about the power of Big Pharma, buyers returned to the group with a vengeance. Celgene (CELG - Get Report) and Gilead (GILD) , poster boys for the selloff, are rallying two bucks each.

Regeneron (REGN) , after a definitive lull, returned to the huge gains we got spoiled by, as did Biomarin (BMRN) . I couldn't believe it got hammered after that great interview we had with CEO JJ Bienaime on Mad Money in days of yore, like Monday. Now it's up 10 from the bottom a couple of days ago.

How badly do people want growth? My charitable trust has been buying Biogen (BIIB) , attempting to catch a bottom of a stock that has almost been cut in half, declining from $480 in March to $254 today before it roared higher a few minutes after the opening. Believe me, that's no coincidence. It's a sign of growth desperation, looking for it wherever it could be found now or even, perhaps, in the future. The hunt is on.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

Second, the Internet. Yes, the Internet. It's been a house of pain for all who have entered it lately. Google (GOOGL) , which was supposed to...