TheStreet.com RealMoney

This Market Stands Up to Stock Rollouts

By Jim Cramer

 About this article:
 When you have gigantic deals that close near the print price like we had today in Anadarko Petroleum and US Bancorp and Bank of New York Mellon, you should take heart that the buyers haven't disappeared. I think this market, even though it faces a colossal Ford deal and who knows how many other bank deals, acted like a champ today. Plus it did so without the Nasdaq leading, which is something that took me by surprise,. The rallies in the Coca-Cola and Pfizer were truly impressive, and you could tout the Pfizer-Wyeth combination all you want, as one analyst did, the issue here is that these stocks are impossible to move. You get these kinds of moves when 1.) Expiration is looking positive (KO to $45) 2.) The dollar is weak, and 3.) We are getting a sector rotation as part of the rolling correction that I...

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