During the fast-paced 'Lightning Round' segment of Mad Money Monday night, one caller asked Jim Cramer about Waste Management (WM) : "It probably still goes higher," said Cramer. Let's put on our work gloves and check out the charts.
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Nearly 500 stocks hit new 12-month highs as earnings reports keep flooding in.
There's nothing in the price action to indicate that a change in market character is developing.
Many of the smaller stocks I favor have not reported earnings yet and I'm cutting them back.
The market hates lucky traders. Following your instincts is so you can sleep at night.