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What mattered was breakouts, breakouts galore -- I saw them pretty much everywhere I looked today. Take the housing group. Ever since Masco (MAS - commentary - Cramer's Take) went up on that bad report it's been all net for this group: Whirlpool (WHR - commentary - Cramer's Take), Fortune Brands (FO - commentary - Cramer's Take) and Lowes (LOW - commentary - Cramer's Take) all broke out today. Or the oils -- since ConocoPhillips' (COP - commentary - Cramer's Take) bad report, that group's on fire. The drillers dismissed National Oilwell Varco (NOV - commentary - Cramer's Take) and took up Schlumberger's (SLB - commentary - Cramer's Take) rosy hue. They are all at breakout levels. When I see so many breakouts, it is hard to resist buying, especially when stocks go up on bad news like 3M (MMM - commentary - Cramer's Take) and Union Pacific (UNP - commentary - Cramer's Take) did this week. So many stocks with charts that look red hot, and the charts are telling the story. The charts are breaking out like the weather on this beautiful Eastern spring day. Random musings: Restaurant stocks remain red hot except Burger King (BKC - commentary - Cramer's Take). Remember that The Wall Street Journal killed you on that group this week. At the time of publication, Cramer was long Union Pacific, ConocoPhillips and 3M.
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