It's time for us to put cash to work in this ugly market. Here's where we will do our buying — SkimNews
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- Jim Cramer says 40% of S&P 500 stocks were in bear market territory last week and argues the tape "screams sell," but he plans to deploy cash into hated names anyway because a sharp rally is coming
- Cramer's central thesis: if the president ends the war, declares victory, and threatens military action only if Iran bothers oil tankers, oil prices could be cut in half on a single phone call, instantly flipping bearish stocks
- The Dow Jones Transportation Average ended Friday more than 19% below its 52-week high, near bear market territory, which Cramer calls the most vulnerable group to the upside in an oil-collapse scenario
- Boeing cleared three obstacles in one week — averting a white-collar union strike with a four-year contract, winning a huge Navy fighter contract, and getting FAA clearance on a software glitch ruled not a flight-safety issue
- Cramer's oil-collapse shopping list includes FedEx, FedEx Freight, Boeing, United Airlines, Home Depot (down over 20% since Aug 7), Goldman Sachs, Wells Fargo, Best Buy, and the "Magnificent Seven," with Goldman cited as a pick because Anthropic has reportedly tapped Goldman to co-lead its IPO
- Cramer cites the June 2014–January 2015 analogue when WTI crude fell 59% from roughly $108 to $44 in seven months, with Southwest Airlines as that period's winner
Why it matters: Cramer is explicitly positioning for a V-shaped setup he believes will be too fast to chase — naming Boeing's three clean wins, Home Depot's 20%+ slide since Aug 7, and the transports index sitting 19% below its 52-week high as specific, dated entry points. The trade is contingent on one policy variable: whether the president de-escalates Iran enough to crater oil.
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