Jim Cramer: We're Seeing Strong Recoveries in Good Stocks

 | Feb 12, 2018 | 12:51 PM EST
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Stock quotes in this article:

aapl

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unh

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FB

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mcd

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ba

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TVIX

The stocks tell you what you need to know. We have a magnificent move in Apple (AAPL) for a second day as the stock seems to shake off some of the negativity that, falsely, inhabited the quarterly report. If it goes above $167 there will be a rip-snorter because that's where it was when it reported.

I like the action in the loved loved loved United Health (UNH) which has been hideous and unbuyable...until today.

I like the Facebook (FB) reversal which is amazing given how much selling there was at $171.

And, at last, we have some real good bounces like in McDonald's (MCD) and Boeing (BA) . The latter is so crucial and the stock, at this pace, could really touch the $358 level that would be the new break-out.

These are all good signs, as is the obvious gaffing of those who own the VelocityShares Daily 2x VIX Short-Term ETN (TVIX) .

The shake-off in the morning looks like a for-real day bottom ex a move down in in bond prices. Rates can still derail what we see.

But, as I said on Squawk on The Street, we would get the mother of all rallies if the 10-year yield goes under 2.7%.

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