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Stocks discussed on Jim Cramer's Stop Trading! TV Program, Thursday February 11.

Cypress Semiconductor (CY), Wynn Resorts (WYN), Scana (SCG), First Energy (FE), Sears Holdings (SHLD), Allegheny Energy (AYE)

What relationship do high copper prices have with a rally in the Nasdaq? What is the connection between an uptick in Cypress Semiconductor's (CY) share prices and a rise in gold. The answer? There is none.

“... This is a relief rally that doesn’t make a lot of sense,” Cramer said, "We’re reacting to too few stimuli and not enough of the actual earnings...The daily moves are so exacerbated by these commodity plays, that we literally find ourselves totally at sea in this market. It's just making very little sense."

Another thing Cramer finds hard to understand is the sudden optimism about demand in China when it is heading towards its New Year, which means vacation time and possibly a bullish story for Wynn Resorts (WYN) and its Macau casino, but not for mainland infrastructure stocks.

So what is worth buying? Cramer talked about picking up some shares of Scana (SCG) which may be the next takeover target in the wake of First Energy's (FE) purchase of Allegheny Energy (AYE). Scana's shares are down, and the company offers a 5% dividend. Cramer is also interested in Sears Holdings' (SHLD) licensing of DieHard Power Tools, something Wall Street has been clamoring for, although there was little reaction to this development. He thinks Sears is the next great housing play.

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Source: Cramer's Stop Trading! The Nonsense Relief Rally (2/11/10)