Jim Cramer Blog

The major market averages were mixed today, with the Dow Jones once again setting a new all-time closing high. The S&P and Nasdaq, meanwhile, traded lower. Oil remained high on investor minds as the price of crude traded above $74 a barrel. Investors are awaiting a bevy of earnings reports from some big names later this week.
On the economic front, the Federal Reserve Bank of NY said its general economic index rose to 26.5 from 25.8 the prior month. Any reading above zero marks expansion.
On the M&A front, IHOP (NYSE: IHP - News) agreed to buy casual-dining chain Applebee's International (Nasdaq: APPB - News) for $25.50 a share, or $2.1 billion. The deal is unique given IHOP's smaller market cap. It plans to finance the deal by franchising the vast majority of Applebee's 508 company restaurants. The deal includes a modest 4.6% premium to Applebee's closing price on Friday.
On the earnings front, shares of toy maker Mattel (NYSE: MAT - News) rose 2.5% on the session after the company reported net income of $43.1 million, or 11 cents a share. Revenue rose 7% to $1.02 billion on increased international sales. Burger giant McDonald's (NYSE: MCD - News) reported this morning that same-store sales in restaurants opened at least 13 months rose 7.4% in the second quarter and 8.4% in June. The quarterly rise was the biggest in three years. The world's largest restaurant chain now expects to post earnings of 71 cents a share excluding items, compared to analyst estimates of 68 cents a share. Shares of McDonald's rose 0.4%. Subscribers can read our analysis of McDonald's in today's issue.
In other news, shareholders of Lear (NYSE: LEA - News) rejected plans for a $2.9 billion buyout led by billionaire Carl Icahn. Earlier this month, Icahn's American Real Estate Partners (NYSE: ACP - News) raised its bid to $37.25 a share, but shareholders felt the offer was inadequate. Icahn who already owns 24% of Lear will be granted a termination fee totaling $25 million in cash and stock.
By the BullMarket.com Staff

Labels: ACP, APPB, Carl Icahn, IHP, LEA, MAT, MCD

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
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that gap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
American Real Estate Partners (NYSE:ACP). ACP's PowerRating is 8.
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.
Affiliated Computer Services (NYSE:ACS). ACS'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.
Marriott (NYSE:MAR). MAR's PowerRating is 7.
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.
Anheuser-Busch (NYSE:BUD) & Polo Ralph Lauren (NYSE:RL). BUD's PowerRating is 6, and RL'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.
American Home Mortgage Investment (NYSE:AHM). AHM's PowerRating is 2.
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.
Penwest Pharmaceuticals (NasdaqGM:PPCO). PPCO's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: ACP, ACS, AHM, BUD, Hot Stocks, MAR, PPCO, RL

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
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that gap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
American Real Estate Partners (NYSE:ACP - News). ACP's PowerRating is 8.
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.
Affiliated Computer Services (NYSE:ACS - News). ACS'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.
Marriott (NYSE:MAR - News). MAR's PowerRating is 7.
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.
Anheuser-Busch (NYSE:BUD - News) & Polo Ralph Lauren (NYSE:RL - News). BUD's PowerRating is 6, and RL'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.
American Home Mortgage Investment (NYSE:AHM - News). AHM's PowerRating is 2.
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.
Penwest Pharmaceuticals (NasdaqGM:PPCO - News). PPCO's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: ACP, ACS, AHM, BUD, Hot Stocks, MAR, PPCO, RL

Symbol
Name
Last Trade
Change
Volume
Related Info
DRL
DORAL FINANCIAL
1.36 12:42PM ET
0.36 (20.93%)
2,727,700

ACP
AMER REAL ESTATE LP
92.10 12:38PM ET
16.41 (15.12%)
240,415

ABPI
ACCENTIA BIOPHARMACE
2.59 12:47PM ET
0.44 (14.52%)
471,328

BDSIW
BIODELIVERY WTS A
1.01 12:11PM ET
0.15 (12.84%)
15,680

NTE
NAM TAI ELECTRONICS
12.62 12:43PM ET
1.76 (12.24%)
549,402

RONC
RONSON CP
1.72 12:42PM ET
0.22 (11.34%)
19,068

CNR
CANARGO ENERGY CORP
0.97 12:35PM ET
0.11 (10.19%)
1,282,700
LRT
L L E ROYAL TR UBI
1.70 12:19PM ET
0.17 (9.09%)
108,600

EGR
COMMERCE ENERGY GP
2.01 12:43PM ET
0.21 (9.43%)
369,900

ZN
ZION OIL & GAS, INC.
6.78 12:41PM ET
0.69 (9.21%)
35,900
ORA
ORMAT TECHNOLOGIES
38.00 12:43PM ET
3.24 (7.86%)
524,600
BIF
BOULDER GR & INC FD
13.53 12:42PM ET
1.53 (10.16%)
731,900
SRI
STONERIDGE INC
11.31 12:43PM ET
1.09 (8.79%)
32,100
APY
ASPYRA INC
2.10 12:01PM ET
0.20 (8.70%)
3,800

PAGI
PEMCO AVIATION GRO
9.13 11:11AM ET
0.86 (8.63%)
100
SIGM
SIGMA DESIGNS INC
24.45 12:48PM ET
2.31 (8.63%)
2,276,144

UWN
NEVADA GOLD &CASINO
2.8500 12:41PM ET
0.1800 (5.94%)
54,300
IACIW
IAC/INTERACTIVE WT
2.96 11:53AM ET
0.26 (8.07%)
200

SVT
SERVOTRONICS INC
8.40 11:47AM ET
0.79 (8.60%)
1,800
CMRO
COMARCO INC
6.41 12:30PM ET
0.52 (7.48%)
16,345

IBN
ICICI BK LTD ADS
41.45 12:43PM ET
3.32 (7.42%)
2,578,113

Labels: ABPI, ACP, APY, BDSIW, BIF, CMRO, CNR, EGR, IACIW, IBN, LRT, NTE, ORA, PAGI, RONC, SIGM, SRI, SVT, UWN, ZN

Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Raymond James Financial (NYSE:RJF - News). RJF's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
LSI Logic (NYSE:LSI - News). LSI's PowerRating is 7.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term uptrends.
American Real Estate Partners (NYSE:ACP - News). ACP's PowerRating is 7.
Trading Where the Action Is: This list contains the most volatile stocks over the past 50 trading days. These stocks are only for the most aggressive traders who are willing to assume a high degree of risk in order to capture larger gains.
Jinpan International (NYSE:JST - News). JST's PowerRating is 5.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
Valassis Communications (NYSE:VCI - News). VCI's PowerRating is 3.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Allied Capital (NYSE:ALD - News). ALD's PowerRating is 5.
Explosion List: An inherent feature of all markets is that periods of lower-than-normal volatility are usually followed by periods of higher volatility. These stocks are trading at one-third or less of their normal volatility and therefore have a high likelihood of exploding within the next few trading days.
Baidu.com (NasdaqGM:BIDU - News). BIDU's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: ACP, ALD, BIDU, JST, LSI, RJF, VCI