Jim Cramer Blog

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Dell (NasdaqGS:DELL) easily beat earnings on Thursday afternoon, with $0.34 EPS over an expected $0.26 EPS. DELL's PowerRating is 5.
J. Crew (NYSE:JCG) beat earnings on Thursday after the close, announcing $0.39 EPS over an expected $0.30 EPS. JCG's PowerRating is 5.
OmniVision (NasdaqGS:OVTI) beat earnings on Thursday after the close, with -$0.03 over a consensus of -$0.12 EPS. OVTI's PowerRating is 4.
It was reported that A.G. Edwards (NYSE:AGE) agreed to be bought out by Wachovia (NYSE:WB) for $6.08 billion. AGE's PowerRating is 4, and WB's PowerRating is 5.
Apple (NasdaqGS:AAPL) announced that users will be able to watch Apple TV from YouTube on their televisions. AAPL's PowerRating is 3.
Motorola (NYSE:MOT) announced that 4,000 jobs would be cut to deal with slowing mobile phone sales. MOT's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: AAPL, AGE, DELL, Hot Stocks, JCG, MOT, OVTI, WB

Symbol
Name
Last Trade
Change
Volume
Related Info
NOVC
NOVACEA, INC.
12.74 4:01PM ET
2.26 (15.07%)
3,182,666

NEP
NEPHROS INC.
1.45 3:59PM ET
0.25 (14.71%)
8,300
OPTM
OPTIUM CORPORATION
13.53 4:00PM ET
2.16 (13.77%)
1,890,284

SBEI
SBE INC
2.02 3:59PM ET
0.31 (13.48%)
16,894

CLN
CELSION CORP
6.12 4:00PM ET
0.83 (11.94%)
212,600

BIG
BIG LOTS INC
31.49 4:00PM ET
4.11 (11.54%)
8,792,011
TXCC
TRANSWITCH CP
1.72 4:00PM ET
0.20 (10.42%)
2,700,378

DCAP
DCAP GROUP INC
2.37 3:59PM ET
0.26 (9.89%)
1,500
CSLMF
CONS MERCANTILE
1.10 3:01PM ET
0.12 (9.84%)
100
EMAK
EMAK WORLDWIDE
3.2020 3:59PM ET
0.3480 (9.80%)
16,484
BTH
BLYTH INC S2
27.39 3:59PM ET
2.83 (9.36%)
944,480
LTEC
LOUD TECHNOLOGS
6.6799 1:44PM ET
0.6501 (8.87%)
6,464

EML
EASTERN CO
29.26 3:59PM ET
2.84 (8.85%)
50,900

VSE
VERASUN ENERGY CORP
15.19 4:00PM ET
1.46 (8.77%)
2,359,952
ACY
AEROCENTURY CP
16.31 4:00PM ET
1.37 (7.75%)
16,100

CTU
CHAD THERAPEUTICS
2.0142 3:27PM ET
0.1758 (8.03%)
11,700

MCZ
MAD CATZ INTERACTIVE
1.1700 3:59PM ET
0.1000 (7.87%)
1,862,000
TWP
TREX CO INC
19.99 3:59PM ET
1.69 (7.80%)
696,400

AVR
AVENTINE RENEW ENRGY
16.86 3:59PM ET
1.33 (7.31%)
1,436,800

Labels: ACY, AVR, BIG, BTH, CLN, CSLMF, CTU, DCAP, EMAK, EML, LTEC, MCZ, NEP, NOVC, OPTM, SBEI, TWP, TXCC, VSE

Symbol
Name
Last Trade
Change
Volume
Related Info
DNDN
DENDREON CORP
9.25 12:29PM ET
2.51 (37.24%)
72,333,726

CRTX
CRITICAL THERAPEUTIC
3.47 12:28PM ET
0.81 (30.45%)
11,923,711
TCHCZ
21ST CENTURY HLDG WT
3.7500 9:30AM ET
0.6601 (21.36%)
192

QTWW
QUANTUM FUEL SYS
1.75 12:29PM ET
0.29 (19.86%)
2,751,235

OCCX
OCCULOGIX, INC.
1.22 12:23PM ET
0.21 (20.79%)
239,214

PCYC
PHARMACYCLICS INC
3.48 12:27PM ET
0.50 (16.78%)
499,215

CIEN
CIENA CORP
33.41 12:29PM ET
4.13 (14.11%)
13,136,967

AGE
A G EDWARDS HOLDING
87.80 12:24PM ET
10.65 (13.80%)
7,208,100

AVNR
AVANIR PHARMACEUTICL
3.66 12:29PM ET
0.44 (13.66%)
6,454,218

ENCY
ENCYSIVE PHARMA
4.04 12:28PM ET
0.45 (12.53%)
4,492,818

ARTL
ARISTOTLE CP
13.10 12:23PM ET
1.39 (11.87%)

SNSTA
SONESTA INTL A
26.23 11:17AM ET
2.76 (11.76%)
1,830

ADES
ADA-ES INC
22.25 12:29PM ET
2.28 (11.42%)
67,553

BDR
BLONDER TONGUE
1.55 10:30AM ET
0.00 (0.00%)
0

MWAV
M-WAVE INC
3.18 9:30AM ET
0.31 (10.80%)
100

BFAM
BRIGHT HOR FAMILY
43.46 12:27PM ET
4.29 (10.95%)
506,134

HEB
HEMISPHERX BIOPHARMA
1.62 12:23PM ET
0.15 (10.20%)
499,100

GIII
G-III APPAREL GP I
20.75 12:27PM ET
1.98 (10.55%)
75,396

CTEL
CITY TELECOM(HK) L
5.72 12:18PM ET
0.52 (10.06%)

EXAS
EXACT SCIENCES COR
2.98 12:11PM ET
0.24 (8.76%)
109,342

Labels: ADES, AGE, ARTL, AVNR, BDR, BFAM, CIEN, CTEL, DNDN, ENCY, EXAS, GIII, HEB, MWAV, OCCX, PCYC, QTWW, SNSTA, TCHCZ

Wachovia Corp. (NYSE:WB - News) on Thursday said it will buy A.G. Edwards Inc. (NYSE:AGE - News) for $6.8 billion in cash and stock, creating the second-largest U.S. retail brokerage.
The combined brokerage, to be known as Wachovia Securities, would have 14,784 brokers, propelling it past Citigroup Inc. (NYSE:C - News) and ranking just behind Merrill Lynch & Co. (NYSE:MER - News). Its $1.15 trillion of client assets would trail only Merrill and Citigroup. Wachovia Securities expects to command a 14 percent market share, operate 3,350 offices and employ 31,000 people. The terms value A.G. Edwards at $89.50 per share, a 16 percent premium over the stock's closing price on Wednesday and about 21.5 times expected 2007 earnings. Through Wednesday, A.G. Edwards shares had already risen 22 percent this year. Shareholders would receive 0.9844 of a Wachovia share and $35.80 in cash for each of their shares. The purchase "allows us to leverage our investment banking, underwriting and origination capability," Wachovia Chief Executive Ken Thompson said on a conference call. "We will get more mandates on the investment banking side simply because of the greatly expanded retail distribution we will have. (This) will also allow us to sell considerably more bank products."
He added, "This is an endgame for us. We've got everything we need right now to grow this business organically."
In morning trading, A.G. Edwards shares rose $10.62, or 13.8 percent, to $87.77. Wachovia fell 31 cents to $54.24.

Labels: Acquisitions, AGE, WB

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Goldman Sachs July 260 Calls (NYSE:GS - News). GS' PowerRating is 5.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Joy Global July 50 Puts (NasdaqGS:JOYG - News). JOYG's PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Google Inc. July 540 Calls (NasdaqGS:GOOG - News). GOOG's PowerRating is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
iShares MSCI Emerging Markets Index July 115 Puts (AMEX:EEM - News). EEM's PowerRating is 5.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Commerce Bancorp (NYSE:CBH - News). CBH's PowerRating is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
None Today
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Novellus Systems (NasdaqGS:NVLS - News). NVLS' PowerRating is 5.
PF Chang's China Bistro (NasdaqGS:PFCB - News). PFCB's PowerRating is 4.
PowerRatings are courtesy of TradingMarkets.com

Labels: CBH, EEM, GOOG, GS, Hot Stock Options, JOYG, NVLS, PFCB

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Applebee's (NasdaqGS:APPB - News) & Celgene Corporation (NasdaqGS:CELG - News). APPB's PowerRating is 7, and CELG's PowerRating is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Qualcomm (NasdaqGS:QCOM - News). QCOM's PowerRating is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Baxter International (NYSE:BAX - News) & McDonald's (NYSE:MCD - News). BAX's PowerRating is 6, and MCD's PowerRating is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
Medical Properties Trust (NYSE:MPW - News). MPW's PowerRating is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Graco Incorporated (NYSE:GGG - News). GGG's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: APPB, BAX, CELG, GGG, Hot Stocks, MCD, MPW, QCOM

Texas Utilities (NYSE: TXU - News), Exelon Corp. (NYSE: EXC - News), Edison International (NYSE: EIX - News), Dominion (NYSE: D - News): Since the Texas Utilities buyout "changed the equation," Cramer says he is "scared to death to bet against this group," and adds that EXC, EIX and D are all undervalued.
Total System (NYSE: TSS - News), Synovus (NYSE: SNV - News), Aon (NYSE: AOC - News), Marsh McLennan (NYSE: MMC - News), Ross Stores (NasdaqGS: ROST - News), Cheesecake Factory (NasdaqGS: CAKE - News): Cramer lists companies that could get snapped up it the private-equity buyout frenzy: TSS and parent company SNV, Aon and "headless horseman" MMC (whose CEO Michael Cherkasky may soon end up on Cramer's CEO Wall of Shame), ROST, and CAKE.
Published by SeekingAlpha

Labels: AOC, CAKE, D, EIX, EXC, Jim Cramer, MMC, ROST, SNV, Stop Trading, TSS, TXU

Bullish Calls:
Yamana Gold (NYSE: AUY): ' I am sticking by AUY as my play for when things go bad. That's what it is. It's basically a first aid kit you've got to take with you everywhere you go.'Total System Services (NYSE: TSS): 'You are in great shape. TSS, I believe, will not be independent a year from now ... I like TSS as a takeover. And, on earnings, it should go to $40 alone.'Celgene (NasdaqGS: CELG): 'The stock's had a nice pullback, which means you should back up the truck. Every time we've had an 8% pullback in CELG, it has been miraculous to buy. I'm saying this time it will be no different.'Sappi Ltd. (NYSE: SPP): ' ... we've got a government that's of, by and for the corporation, trying to keep the ChiComms from flooding us with paper, so this South African company can make a lot of money, and it's working! You stay long SPP!'Volvo AB (Other OTC: VOLVF.PK): You're a genius! That is an unbelievable stock! ... It has a great industrial business. It has a great yield ... even right here at $21 bucks - I would back up the truck!'Freeport McMoran (NYSE: FCX): 'It's also got gold, and it's much more levered to China buying it. Those ChiComms eat copper for breakfast!'
Neutral calls:
ConAgra (NYSE: CAG): 'They have a raw cost problem. All of that stuff is being bid up by ethanol. And so I can't get behind that. CAG, just okay. Candidly, I recommended it right here, and I'm not backing away from it, but the raw costs are out of control.'
Bearish calls:
Electronic Arts (NasdaqGS: ERTS): 'You know what? I'm giving up on this one... I'm putting the 'don't buy' on it. That's a change in plans.'Finisar (NasdaqGS: FNSR): 'No. I liked FNSR ... Their time has passed. They didn't get the big orders.'Washington Group (NYSE: WNG): 'My friend... Bulls make money, bears make money... hogs get slaughtered! You must sell WNG right now!'Southern Copper (NYSE: PCU): 'I like PCU.... I think FCX is better.'Build-a-Bear (NYSE: BBW): ' if I go and recommend it on this show, that they will then have a shortfall, because they are wildly inconsistent. They are too dangerous for this guy ... If that stock were to go back to $25.00, I would pull the trigger.'
Published By SeekingAlpha

Labels: AUY, BBW, CAG, CELG, ERTS, FCX, FNSR, Jim Cramer, Lightning Round, Mad Money, PCU, SPP, TSS, WNG

Matchmaker, Matchmaker! Yahoo (NasdaqGS: YHOO) and eBay (NasdaqGS: EBAY)
While Cramer does not suggest investing in either of these companies individually, he would buy Yahoo and eBay if they merged. They were both downgraded by Merrill Lynch, and with slowing growth, Cramer does not see much upside in the individual companies, but he doesn't think they will sink either. While both companies have been depending on buybacks to prop up their stocks, Cramer says eBay and YHOO sould grow together, since Yahoo has users and eBay has Skype and Paypal. A merger would create an "internet colossus" which would offer a credible challenge to Google.
Cleveland Cliffs (NYSE: CLF), CVRD (NYSE: RIO)
Takeover speculations are profitable for companies, even if the mergers don't happen, says Cramer, who discussed CLF, the largest iron ore pellet producer in North America. He thinks this stock will attract call options and experience a run-up on takeover rumors, and thinks a likely buyer may be RIO. Cramer predicts the company could be sold at $88 a share, which he says is a conservative estimate. Although the stock is up 10% from where he initially recommended it, Cramer says CLF has "tremendous upside."
CEO Interview: John McMahon: Genesis Lease (NYSE: GLS) with GOL (NYSE: GOL)
When Cramer asked why airlines would want to rent airplanes, John McMahon replied not all airlines can afford to purchase their own aircrafts. He commented on the new company's increasing client-base and is optimistic about future growth. Cramer commented that he would rather own GLS than any other airline except for GOL.

Published By SeekingAlpha

Labels: CLF, Ebay, GLS, GOL, Jim Cramer, Mad Money, RIO, YHOO

Symbol
Name
Last Trade
Change
Volume
Related Info
SOLF
SOLARFUN POWER HOLDI
9.60 4:00PM ET
2.82 (22.71%)
3,809,470

EMAK
EMAK WORLDWIDE
3.55 3:48PM ET
0.55 (13.41%)
37,000
CALPW
CALIPER LIFE SCN WTS
1.36 3:59PM ET
0.21 (13.38%)
16,554

SCOX
SCO GRP INC (THE)
1.2557 3:59PM ET
0.1843 (12.80%)
581,427

VOCL
VOCALTEC COMMUNICATI
3.1699 3:58PM ET
0.4401 (12.19%)
139,372

EXX-B
E X X INC CL B
2.40 1:02PM ET
0.33 (12.09%)
12,200

MWAV
M-WAVE INC
2.87 12:33PM ET
0.37 (11.42%)
200
APPAD
AP PHARMA INC NEW
2.68 3:58PM ET
0.32 (10.67%)
26,850

HCTL
HEALTHCARE TECH LTD
0.97 3:57PM ET
0.11 (10.19%)
30,231
MTEX
MANNATECH INC
14.02 4:00PM ET
1.51 (9.72%)
1,077,563

POWL
POWELL INDS INC
27.90 4:00PM ET
2.92 (9.47%)
458,533

BDR
BLONDER TONGUE
1.55 3:54PM ET
0.15 (8.82%)
13,200
HRVE
HARVEY ELECTRONICS
1.66 3:59PM ET
0.16 (8.79%)
17,586

OSIR
OSIRIS THERAPEUTICS
10.73 4:00PM ET
1.02 (8.68%)
690,922
MCZ
MAD CATZ INTERACTIVE
1.27 3:59PM ET
0.12 (8.63%)
1,516,200

CSUN
CHINA SUNERGY CO., L
11.80 3:59PM ET
1.10 (8.53%)
1,971,229

EXAS
EXACT SCIENCES COR
2.74 4:00PM ET
0.25 (8.36%)
230,087

AE
ADAMS RES AND ENERGY
33.08 4:00PM ET
2.96 (8.21%)
10,200

XETA
XETA TECHNOLOGIES
3.02 3:46PM ET
0.27 (8.21%)
28,964

Symbol
Name
Last Trade
Change
Volume
Related Info
NOVC
NOVACEA, INC.
15.00 4:00PM ET
6.94 (86.10%)
21,234,463

HDY
HYPERDYNAMICS CORP
2.14 3:59PM ET
0.54 (33.75%)
947,900

NEP
NEPHROS INC.
1.70 3:56PM ET
0.41 (31.79%)
10,200

VLNC
VALENCE TECH INC
1.38 3:59PM ET
0.30 (27.93%)
3,469,560

TCHCZ
21ST CENTURY HLDG WT
3.0899 1:58PM ET
0.5799 (23.10%)
1,277

EMIS
EMISPHERE TECH
3.95 3:59PM ET
0.67 (20.43%)
780,612

OMTL
OMTOOL LTD
1.90 3:58PM ET
0.31 (19.50%)
4,700
ESEA
EUROSEAS LTD
12.73 4:00PM ET
1.93 (17.87%)
575,112
AMCE
AMER CLAIMS EVALUA
2.05 3:55PM ET
0.31 (17.68%)
2,798

CWTR
COLDWATER CREEK
24.37 4:00PM ET
3.47 (16.60%)
15,878,548

CYTR
CYTRX CP
4.08 4:00PM ET
0.57 (16.24%)
2,370,057

CHIP
VERICHIP CORPORATION
8.00 4:00PM ET
1.08 (15.61%)
407,279

TRLG
TRUE RELIGION APPARL
17.71 4:00PM ET
2.29 (14.85%)
1,495,473

HOKU
HOKU SCIENTIFIC, INC
4.86 4:00PM ET
0.59 (13.82%)
909,891
CTU
CHAD THERAPEUTICS
2.19 3:45PM ET
0.26 (13.47%)
15,700

MEDE
MEDECISION, INC.
4.80 3:59PM ET
0.55 (12.94%)
300,127

SIR
SIRVA INC
2.71 4:02PM ET
0.27 (11.07%)
684,800
CSLMF
CONS MERCANTILE
1.22 1:59PM ET
0.12 (10.91%)
2,600

MALL
PC MALL INC
12.46 4:00PM ET
1.21 (10.76%)
175,709

HEB
HEMISPHERX BIOPHARMA
1.47 3:59PM ET
0.14 (10.53%)
389,100

Labels: AMCE, CHIP, CSLMF, CTU, CWTR, CYTR, EMIS, ESEA, HDY, HEB, HOKU, MALL, MEDE, NEP, NOVC, OMTL, SIR, TCHCZ, TRLG, VLNC

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Chico's FAS (NYSE:CHS) beat earnings on Wednesday afternoon, with $0.28 EPS over a consensus of $0.26 EPS. CHS's PowerRating is 5.
Payless ShoesSource (NYSE:PSS) beat earnings on Wednesday after the close, announcing $0.65 EPS over an expected $0.58 EPS. PSS's PowerRating is 5.
Big Lots (NYSE:BIG) announces earnings on Thursday before the market opens; watch for $0.20 EPS. BIG's PowerRating is 4.
Costco (NasdaqGS:COST) reports quarterly earnings on Thursday before the bell, with analysts looking for $0.56 EPS. COST's PowerRating is 5.
When Genesco (NYSE:GCO) announces earnings before the market opens on Thursday, be looking for $0.26 EPS. GCO's PowerRating is 3.
HJ Heinz (NYSE:HNZ) should report $0.55 EPS on Thursday morning. HNZ's PowerRating is 5.
Analysts are watching for Jackson Hewitt (NYSE:JTX) to report $1.93 EPS before the market opens on Thursday. JTX's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: BIG, CHS, COST, GCO, HNZ, Hot Stocks, JTX, PSS

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Chico's FAS (NYSE:CHS - News) beat earnings on Wednesday afternoon, with $0.28 EPS over a consensus of $0.26 EPS. CHS's PowerRating is 5.
Payless ShoesSource (NYSE:PSS - News) beat earnings on Wednesday after the close, announcing $0.65 EPS over an expected $0.58 EPS. PSS's PowerRating is 5.
Big Lots (NYSE:BIG - News) announces earnings on Thursday before the market opens; watch for $0.20 EPS. BIG's PowerRating is 4.
Costco (NasdaqGS:COST - News) reports quarterly earnings on Thursday before the bell, with analysts looking for $0.56 EPS. COST's PowerRating is 5.
When Genesco (NYSE:GCO - News) announces earnings before the market opens on Thursday, be looking for $0.26 EPS. GCO's PowerRating is 3.
HJ Heinz (NYSE:HNZ - News) should report $0.55 EPS on Thursday morning. HNZ's PowerRating is 5.
Analysts are watching for Jackson Hewitt (NYSE:JTX - News) to report $1.93 EPS before the market opens on Thursday. JTX's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: BIG, CHS, COST, GCO, HNZ, Hot Stocks, JTX, PSS

Sears Holdings July 200 Calls (NasdaqGS:SHLD - News). SHLD's PowerRating is 5.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Qualcomm July 45 Puts (NasdaqGS:QCOM - News). QCOM's PowerRating is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Google Inc. July 520 Calls (NasdaqGS:GOOG - News). GOOG's PowerRating is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
iShares MSCI Emerging Markets Index July 115 Puts (AMEX:EEM - News). EEM's PowerRating is 6.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
KLA Tencor (NasdaqGS:KLAC - News). KLAC's PowerRating is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Sharper Image Corp. (NasdaqGM:SHRP - News). SHRP's PowerRating is currently unavailable due to the stock meeting all parameters.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
United Therapeutics Corp. (NasdaqGS:UTHR - News). UTHR's PowerRating is 7.
PowerRatings are courtesy of TradingMarkets.com

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Lear Corporation (NYSE:LEA - News) & Platinum Holdings (NYSE:PTP - News). LEA's PowerRating is 7, and PTP's PowerRating is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Northrop Grunman (NYSE:NOC - News). NOC's PowerRating is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Axis Capital Holdings (NYSE:AXS - News) & The Travelers Company (NYSE:TRV - News). AXS's PowerRating is 7, and TRV's PowerRating is 6.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
Novartis (NYSE:NVS - News). NVS's PowerRating is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Pinnacle Entertainment (NYSE:PNK - News). PNK's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: AXS, Hot Stocks, LEA, NOC, NVS, PNK, PTP, TRV

Wall Street retreated Wednesday as investors around the world reacted to a plunge in China's stock market, and awaited the release of minutes from the last Federal Reserve meeting.
The pullback in the U.S. wasn't seen as a surprise as stocks were perhaps overdue for a consolidation after a strong run since the second half of 2006. And the declines in Asian and European markets did not appear as dramatic as on Feb. 27, when investors around the world recoiled at a 9 percent slide in the Shanghai index.
The tumble in Chinese stocks rippled through the global markets. When Beijing tripled a tax on stock trading to cool the country's market boom, the main Shanghai Composite Index dropped 6.5 percent and the Shenzhen Composite Index for China's smaller second market slid 7.2 percent.
Investors also retrenched ahead of the Fed minutes, which Wall Street hopes will indicate that policy makers are leaning more toward a rate cut by the end of the year than a rate hike. The minutes will be released at 2 p.m. EDT.
In the first hour of trading, the Dow Jones industrial average fell 38.93, or 0.29 percent, to 13,482.41.
Broader stock indicators were also lower. The Standard & Poor's 500 index was down 4.06, or 0.27 percent, at 1,514.05, and the Nasdaq composite index dropped 12.30, or 0.48 percent, to 2,559.76.
Source: AP

Labels: Dow Jones, Nasdaq, Shanghai Composite, Shenzhen Composite

Six Bulls: John Deere (NYSE: DE - News), Monsanto (NYSE: MON - News), Sociedad de Chemica (NYSE: SQM - News), Caterpillar Inc. (NYSE: CAT - News), Terex (NYSE: TEX - News), Manitowoc (NYSE: MTW - News), Foster Wheeler (NasdaqGS: FWLT - News), McDermott International (NYSE: MDR - News), Jacobs Engineering (NYSE: JEC - News), Boeing Co. (NYSE: BA - News), Halliburton (NYSE: HAL - News), Royal Dutch Shell (RDS-A), Exxon Mobil (NYSE: XOM - News), Freeport McMoran (NYSE: FCX - News), Lundin Mining (AMEX: LMC - News)
Cramer dedicated the program to discussing six bull markets and recommending stock picks for each sector.
Agriculture: Cramer commented on a "disturbing" editorial in the New York Times which called for an end to agricultural subsidies, but he is confident the policy will never be enacted. Cramer calls Deere "money in the bank" and notes that it sells at 16x earnings and has a 12% growth rate. While Monsanto, which trades at 35 x earings "will never be cheap," Cramer says its 24% growth rate is worth the price at $60, and he would buy it up to $70. The Chilean fertilizer company, SQM, is the world's largest supplier of lithium which goes into batteries and will be in shorter supply as "the greening movement reaches its nauseating zenith."
Machinery While he confesses amazement that CAT is stalled, Cramer says it is "preposterously cheap" trading at 13x earnings with 12% growth. He adds CAT has great international exposure, will benefit from the collapse of its Japanese competitors, and is a solid infrastructure play. While he also likes TEX and MTW, Cramer thinks CAT is still best-of-breed.
Infrastructure: Cramer calls this the "wildest" bull market which will benefit from oil prices and the need to create alernative power plants and petroleum infrastructure. Even though Foster Wheeler and McDermott International have had "tremendous runs" Cramer notes FWLT sells at just 17x next years earnings with 34% growth, and MDR has 14% growth and sells at 17x earnings. He adds these stocks do not get enough coverage on Wall Street, and would buy them. Cramer gives Jacob's Engineering and honorable mention, although is more expensive than the other two.
Aerospace:Boeing is up only 10% when the rest of the sector has risen 22%, and Cramer comments, "It's a laggard. It should be leading." Boeing sells at 20x earnings and has 18% growth. He thinks the company has a good future given the health of the sector, its international business, and some "amazingly-terrible problems at AirBus."
Oil and Gas: After a run for this sector, it was down on Tuesday; "People are just thinking it's over, because oil is down 2 bucks," said Cramer and he expressed confidence that the sector would bounce back. In spite of its "giant" buyback, "robust" outlook for oil and gas and its international exposure, Cramer notes HAL is down 12% from last year. Cramer likes Royal Dutch Shell with 10x earnings, 8% sales growth, and a yield at nearly 4%. While Exxon Mobil was down on Tuesday, it is still "a go-name for big institutions."
Minerals: Cramer says rumors of full copper inventories are "nonsense," because the Chinese need more copper. He likes copper play FCX and says its gold is a good hedge against inflation. He notes the company sells at only 9x earnings, but he predicts a 12x multiple. Cramer added the quarter was not good due to strikes and the cost of its Phelps Dodge deal, but predicts it will benefit from copper demand. He also likes Lundin which he thinks will go from $12 to $15 on the Tenke Mining deal in late June.
Published By SeekingAlpha

Labels: BA, CAT, DE, FCX, FWLT, HAL, JEC, Jim Cramer, LMC, Mad Money, MDR, MON, MTW, SQM, TEX, XOM

Anadarko Petroleum (NYSE: APC): 'I like APC. They loaded the boat up with properties. They still have to pay down some things.'XTO Energy (NYSE: XTO): 'I think APC is good, but I think that XTO rocks the boat, and will beat APC - in the long term race - to $100.'URS (NYSE: URS): 'They finally did something. They bought Washington Group. They got it cheaply, and the stock is, at last, on the move ... Buy, buy, buy! ... Washington is historically not a great operator. But at least there is a pulse at URS.'Level 3 Communications (NasdaqGS: LVLT): 'LVLT is going to sink or swim on the fundies. I think the fundies are good. I want to back up the truck in the mid $5s... 'Olin (NYSE: OLN): ' OLN did not buy Pioneer, they stole Pioneer! ... OLN's on the move... They suddenly have religion. Buy, buy, buy!'Carmike Cinemas (CKE): 'This is the one to play. I would sell the others and buy that one, and that's new information from me.'General Maritime (NYSE: