TheStreet.com RealMoney

Don't Read Too Much Into the Action

By Jim Cramer

 About this article:
 We've been up six days in a row. On nothing. On no real news. Think about it. What has happened this week before today? Macy's reported? Priceline? Toll Brothers? I don't think they control, even as they had pretty big movements after their news. We have had nothing new in health care. The House is still way different from the Senate, and any compromise won't hurt earnings at all. Nothing new also on the macro front. China is strong. We aren't that strong. Home sales are fine. Retail sales, fine. Baltic Freight great. So, when you go up for six days straight on nothing, it is reasonable to go down a day on nothing. Today's salient items: Jobless claims are getting better. Oil is weak. Wal-Mart did a great number and gave great guidance -- two out of three ain't bad. My point: You can't go up forever, or even for...

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