During Tuesday's Mad Money program, Jim Cramer commented that some investors saw Rockwell Automation's (ROK) 1.4% growth as proof positive that our industrial economy is slowing. Most investors, however, saw the strong earnings as a huge win and sent shares up 10.5% by the close.
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This looks like consolidation after a big run rather than a major shift in market character.
A hot market for liquefied natural gas makes companies that transport the fuel sensible plays at a time when oil is demonized.