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Actionable news in MDLZ: Mondelez International, Inc.,

Herbalife's Correct Price; What Bill Ackman Needs: Jim Cramer’s Best Blogs

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:

  • How Herbalife's earnings power shows the correct price
  • How Bill Ackman needs Mondelez to deal

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

Cramer: Sell on the Negatives? Not This Market

Posted on July 15 at 3:33 p.m. EDT

The markets may be unpredictable, but Jim Cramer can show you how to navigate it like a pro. Follow his blue-chip portfolio of stocks at Action Alerts PLUS. Join today and try it for 14 days—FREE!

You have to admit the bears have to be a little frustrated. Wells Fargo (WFC) , which is part of our Action Alerts PLUS charitable portfolio, reports a not-so-great number -- don't worry, it has been doing that and then going higher a few weeks later forever -- and it can't crush the banks. The rig count goes up again and oil doesn't get knocked below $45. And, sadly, let's face it, do you feel like traveling after what happened in Nice? I can't stop thinking about it and neither can my wife. We can't get it out of our heads.

Yet it doesn't produce selling.

The dollar is wrong. Bonds are wrong -- except for the banks, but because of Wells it doesn't matter.

And we are headed into the world of Bank of America (BAC) , which has the biggest deposit base and therefore the one that needs the most rate hikes right now.


Suboptimal.

Yet none of this produces profit-taking.

I love to see this kind of strength. But we are using it to trim again for Action Alerts PLUS -- this time our most wayward positions, the ones we had told people to trim earlier in the week but we were restricted from trimming because of mentions on television.

It feels good to trim the not-so-hot ones even as this market keeps beckoning you to stay involved.

The markets may be unpredictable, but Jim Cramer can show you how to navigate it like a pro. Follow his blue-chip portfolio of stocks at Action Alerts PLUS. Join today and try it for 14 days—FREE!

Random musings: Real hourly average earnings actually went down 0.2% in June...


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