Jim Cramer answers viewers' Twitter (TWTR) questions from the floor of the New York Stock Exchange. He weighs in on oil stocks, which he says investors need to take on a case-by-case basis. Some oil companies pumped too much oil during this quarter, unlike EOG Resources (EOG), which Cramer says is the name he's sticking with. As oil prices rise, Cramer stresses that investors shouldn't expect the airlines to. Many airlines will be forced to cut numbers, prompting him to stay away from the group, with the exception of Southwest Airlines (LUV). Lastly, Cramer details Synchrony Financial (SYF), a stock he believes is inexpensive and likely to be a good performer for a long time. Tweet your stock questions @jimcramer using #CramerQ.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.