“When OPEC didn’t cut, everyone thought oil would open down $10,” Jim Cramer said on CNBC’s “Stop Trading!” segment Monday. However, oil only went done a few dollars and then reversed. “This is a sign of global strength, not weakness” Cramer said. He mentioned that  JPMorgan Chase (JPM) broke above $22.92 (the price where CEO Jamie Dimon last bought shares) and has continued to trade strong with the shares now at $23.09. He told viewers that betting  against CEO Jamie Dimon is foolish and always will be foolish. Cramer said keep an eye on EMC (EMC) and VMware (VMW). He thinks that VMW, which is majority owned by EMC, is a takeover target for Cisco Systems (CSCO), or Hewlett-Packard (HPQ). Join the fastest growing community of small cap investors at Stockhideout.com

Bullish
The Travelers Companies (TRV).
Bearish
Corning (GLW), Hartford Financial Services (HIG) and Kennametal (KMT). Join the fastest growing community of small cap investors at Stockhideout.com

“At last there’s something worth owning in semiconductors,” Jim Cramer said on Wednesday’s “Mad Money” TV show. Cramer told viewers that Taiwan Semiconductor (TSM) is the perfect way to play the Chinese economic comeback and stimulus plan. Taiwan Semiconductor raised its guidance yesterday due to strong demand from China and a strong U.S. dollar. Taiwan Semiconductor makes chips for companies that lack their own plants to do so, like Qualcomm (QCOM), NVIDIA (NVDA), Broadcom (BRCM) and Marvell Technology (MRVL). Cramer explained that the chip  business is all about inventory levels. When inventory is high, prices drop, and when its low, firms charge higher prices. Taiwan’s inventory hit a bottom in December and now demand is outstripping supply.      Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Bullish
Dominion Resources (D) and Edison International (EIX).
Bearish
Mechel Steel (MTL), Athenahealth (ATHN), World Wrestling Entertainment (WWE), Apache (APA), UIL Holdings Corp (UIL) and Cedar Fair (FUN). Join the fastest growing community of small cap investors at Stockhideout.com

Jim Cramer told fans of his “Mad Money” TV Show Tuesday that the market rally isn’t over just yet. He said all the right factors came together to produce today’s big run in the markets. Cramer explained the rally got going when market pro Nouriel Roubini predicted the Dow was on its way to 5,000, while banking analyst Meredith Whitney said in Wall Street Journal article that credit-card debt was the next big problem. Cramer mentioned that this is what happens at the bottom. He pointed out that even newspapers have been calling for Dow 5,000 and Senator Richard Shelby, ranking Republican on the Banking Committee, has been calling for the liquidation of the banks. Even Moody’s published a death-watch list. Then the markets got some positive news. Rumors that the uptick rule would soon be reinstated hit the wires. Finally, the markets needed three big positive developments. First, Texas Instruments (TXN) said things were getting better for 3G cell phone inventories. Second, oil in the $40s is attracting money back into the sector. Plus third, Fed Chairman Ben Bernanke said he favors loosening the mark-to-market rules that have been hurting the banks that hold asset-backed mortgage paper. If this happens, Cramer said, the banks look cheap and are set to move much higher. With all of these positive developments in place, he said the markets couldn’t help but go up. Cramer is now changing his mind on the markets because the facts have changed. “This is one fantastic rally, that’s not over yet,” he exclaimed! Join the fastest growing community of small cap investors at Stockhideout.com

Jim Cramer took a look at the charts for Bank of America (BAC) and the S&P 500. He used DeMark models and said said the chart for BAC is signaling the downtrend could be over. DeMark experts are predicting that shares of BAC could soar into double digits, which would produce returns of over 100% from current prices. DeMark models are also projecting a return to the 700s for the S&P 500, however, Cramer said there’s a catch. He explained that the markets are at the whims of the banks and the banks are under control of Washington. He said if the uptick rule is reinstated, and mark-to-market rules are loosened, BAC and the entire market could be set to rally huge. On the flip-side, if Treasury Secretary Tim Geithner and Fed Chair Ben Bernanke make unfriendly market decisions or comments, the markets will sell-off. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Jim Cramer highlighted chocolate maker Hershey (HSY) as a great play for consistent results and upside surprises. He told viewers he isn’t interested in takeover rumors on HSY, which could help push the stock up to $35 a share. He said its all about fundamentals and Hershey is a recession-resistant company that has little private label competition. Hershey’s exposure to private labels is only 3% of revenues and the company controls around 36% of the markets it sells into. Also, HSY earns 94% of its sales from markets in which it ranks number one. Cramer explained that Hershey is taking advantage of lower raw costs, plus the company is looking to capitalize on lower advertising costs by increasing ad spending by 20% this year. During the last quarter, HSY beat Wall Street estimates of 54 cents a share by 5 cents, as sales for core brands grew around 8%. Cramer likes the 4% dividend yield and expects the payout to be safe with the company forecasting $3 in cash flow this year. Shares trade at 15.8 times 2009 earnings, which isn’t cheap, but the stock is near its 52-week low. Cramer mentioned that Wall Street is bearish on the stock with only one analyst rating the stock a buy, six with holds and six with sells. He sees plenty of room for upgrades and said the stock is cheap with room to run. It’s also worth noting that call-option buying is heavy on HSY due to speculation of a buyout. Join the fastest growing community of small cap investors at Stockhideout.com