Seeking Alpha
About this author:
Submit
an article to
Recap of Jim Cramer’s comments on Stop Trading! Tuesday August 15. Click on a stock ticker for more analysis:

Deere (DE) and Home Depot (HD): The success of these two companies fly in the face of comments about slow consumer spending as the result of falling housing prices; "A lot of discretionary spending is going on," Cramer said. "Your home is not imploding." Cramer believes that DE's lawnmower sales should protect the company against a lull in construction, and that perhaps people will get tired of criticizing HD CEO, Bob Nardellli. Although Tuesday's rally created good feelings about the market, Cramer advised caution until the Consumer Price Index comes out on Wednesday.

Cephalon (CEPH): Cramer doesn't think that this stock will benefit from any coming rallies, since investors do not trust CEPH's management.

More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.

Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.