Cramer: Sorry to Be So Prosaic

Weird, but it sure would make sense to see oil moving up here on the Syria news. If you get geopolitical strife and it involves oil-related countries, there has to be a reason the oil futures aren't going through the roof, and why only gold is running up.

Perhaps it means it's just not as big a deal as the stock futures indicate. Errant military action in a region known for errant military action could hurt the industrials, which have been faring better of late with better Europe and China news. The conflict in Syria will be viewed as one more event that slows growth. But it certainly is not going to bring down Bristol-Myers (BMY), the putative everyman non-cyclical name. That's why today would seem to be a buy day, not a sell day -- because the oil futures aren't ramping. In fact, I might even want to sell gold, which has rallied for a while and is enjoying its seasonal breakout. ...427 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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