Jim Cramer Blog

The administration has to present this as: If you vote against this, you want to kick people out of their homes, Jim Cramer said on Wednesday's Stop Trading segment on CNBC, referring to the government's proposed bailout plan.
Cramer offered his opinion on four financial stocks. AIG (AIG), he said, is a total loser. I think AIG would be down substantially if not for the reason you can't short.
He called Freddie Mac(FRE ) and Fannie Mae(FNM) interesting. Since you can't short them and since both companies - and particularly Fannie Mae - have portfolios that would benefit greatly from the government's plan, Cramer said, he can understand why some might see a rational for owning them and flipping them. But, he said, I don't want to buy any dollar stock.
People see potential for Washington Mutual(WM), too, he said. There's a lot of people who feel like the moment the plan gets in, there's going to be a premium bid for Washington Mutual. I think that's just ridiculous.
Moving away from financials, Cramer said that if the rules against offshore drilling are done away with and we actually open up our shores, Schlumberger's(SLB) a big win, not just Transocean(RIG). Transocean is the leader, he said, and Schlumberger will follow.
Published By TheStreet.com

Labels: AIG, American International Group, CNBC's Stop Trading, Fannie Mae, FNM, FRE, Freddie Mac, Jim Cramer, Stop Trading, Washington Mutual, WM

Fear, not facts or fundamentals, is what's driving this market, Jim Cramer told viewers. He warned that while the selling might not be over, investors will miss some opportunities of a lifetime if they stay too negative. The fear in the markets today reminded Cramer of the great market crashes on 1987 and 1990. However, citing President Franklin Delano Roosevelt, he told viewers that the only thing they need to fear, is fear itself. He said that while everyone is worried about the system and have no confidence in the system, ultimately the system will emerge again. In times like these, said Cramer, it's wise to return to the fundamentals and look for solid companies with good long-term outlooks. We are not a bankrupt country with bankrupt companies, he said. Keep your powder dry and wait for the opportunities to emerge. Cramer reminded viewers that after the crash of 1987, every stock on the most active list before the crash was higher a year later. He said that today is likely not the bottom for this market, but there will be a time to buy again soon. Don't stay negative forever, he said.
American International Group (AIG)
We are better off today than we were yesterday, Cramer told viewers. Despite the market's huge sell off, he took a moment to talk about what went right today. Cramer said that the surprise bailout of American International Group is big news for the markets. Yesterday, he said, we were worried AIG was going under. Today, we know it's going to be OK. Yesterday, we were worried about other banks failing as a result of AIG. Today, another one of the market's black holes has been filled and we don't have to worry as much. Now that the danger of AIG's failure is off the table, we don't have to worry about the mortgage insurance policies the company held. Cramer also said the SEC's announcement of new rules against relentless short selling is big news for the markets. He credited Chairman Christopher Cox with making a good first step to undo the damage caused by short selling and urged the Chariman to go one step further and reinstate the uptick rule, which requires a stock to tick up in price before it is sold short.
Published By SeekingAlpha

Labels: AIG, American International Group Inc., Jim Cramer, Mad Money, Mad MOney Recap

Shares of Wall Street firms Morgan Stanley and Goldman Sachs plummeted on Wednesday and Britain's biggest mortgage lender neared a sale in the latest signs of extreme distress in the financial industry.
Tuesday's surprise $85 billion rescue of insurer American International Group (NYSE:AIG) by the U.S. Federal Reserve did little to calm investors' nerves, and U.S. stocks dropped as much as 4.1 percent.
The White House said it was "concerned about other companies" while the U.S. presidential candidates struck populist tones, with Sen. John McCain blasting Wall Street's "casino culture" and Sen. Barack Obama stressing protection for mom-and-pop investors.
Shares of Morgan Stanley (NYSE:MS) and larger rival Goldman (NYSE:GS) fell as much as 43 percent and 27 percent, respectively, even after both reported better-than-expected quarterly earnings on Tuesday.
Source: AP

Labels: AIG, Amercian International Group, Barrack Obama, Goldman Sachs Group Inc., GS, John McCain, Morgan Stanley, MS

Falling crude oil prices continue to be a boon for airlines stocks with Delta Airlines (NYSE:DAL) up more than 23% and Continental Airlines (NYSE:CAL) gaining nearly 13%. The Short Term PowerRating for CAL is 4.
Morgan Stanley (NYSE:MS) reported quarterly earnings after the market closed on Tuesday, beating analyst's estimates by a wide mark.of more than 50 cents. The Short Term PowerRating for MS is 6.
Warning of weakness in global demand, Dell Inc. (NasdaqGS:DELL) shares were lower by more than 11% on the day. The Short Term PowerRating for DELL is 8.
In a potential change of heart, the Federal Reserve has said that it is open to a loan package to help struggling insurer, American International Group (NYSE:AIG). The Short Term PowerRating for AIG is 7.
Shares of Hewlett-Packard (NYSE:HPQ) soared by more than 6% on Tuesday as traders applauded the company's cost cutting plans - including the elimination of thousands of jobs. The Short Term PowerRating for HPQ is 5.
Third quarter profits for Goldman Sachs (NYSE:GS) fell by more than 70% the company reported on Tuesday. The Short Term PowerRating for GS is 6.

Labels: AIG, Amercian International Group, CAL, DAL, DELL, GS, HPQ, MS, Stocks to Watch

Buy Ralph Lauren (RL), Jim Cramer said on CNBC's "Stop Trading!" segment Wednesday.
"I like it because of the J.C. Penney (JCP) tie-in," Cramer said. He said today's move "seems like a bit of a short squeeze," he said, but "I think it can go higher from here."
Elsewhere in apparel, Cramer said that VF Corp. (VFC) "is the analogue of Ralph Lauren. ... If Ralph Lauren's good you don't leave this stock."
Cramer went on to praise management at Eaton (ETN). He said the company is "part of my new-tech world," and predicted it would hit a 52-week high. He said he also likes Emerson (EMR). "These companies are on fire," he said.
Of Nucor (NUE), Cramer said the company's secondary offering is an entry point. He advised more caution on Cleveland-Cliffs (CLF). "Let it cool off before you buy it here," he said.
Cramer was less bullish on AIG (AIG) and Wachovia (WB). "These are serial needers of capital," he said. He said firing AIG CEO Marty Sullivan would cause the stock to go up, and chastised Wachovia for its acquisition of Golden West. "This was one of the dumbest acquisitions ever and they're paying for it," he said.
"If they knew what they owned I would be more comfortable," Cramer said of AIG and Wachovia. "They're like Citigroup (C)." He said that when the companies claim to know what they have, "they're being wishful."
Published By TheStreet.com

Labels: AIG, C, CLF, EMR, ETN, JCP, Jim Cramer, NUE, RL, Stop Trading, VFC, WB

Altria (MO), Bank of America (BAC), Chevron (CVX), Honeywell (HON), Conco-Phillips (COP), Freeport-McMoran (FCX), Schlumberger (SLB), American International Group (AIG), Pfizer (PFE), Cisco (CSCO)
Cramer was disappointed with Dow Jones' facelift which involved getting rid of Altria, and Honeywell, and adding Bank of America and Chevron. Three economic themes Cramer thinks should have been expressed in the Index changes are the growing importance of natural resources, the dwindling power of the financial sector and international growth. None of these themes were reflected in today's choices, Cramer commented. He said a financial should have been removed rather than added to the Dow, COP would have been a better choice than CVX, and would have considered including FCX or SLB in addition to keeping HON. He would have dropped AIG which is a travesty masquerading as an insurance company whose CEO, Martin Sullivan, was recently added to Cramer's Wall of Shame. He would also give Pfizer the pink slip, and would consider adding CSCO, since it is diversified.
Raytheon (RTN)
In spite of Goldman's Sachs note of Early indications of slowing growth in defense spending..., the military budget keeps growing; President Bush is asking for a $515 million for 2009 which is a 7.5% increase. Cramer likes RTN in this space because it has strong international sales, and is up 25% since Goldman's downgrade last March, but he would wait for a pullback before buying.
McDonald's (MCD), Darden (DRI)
One month of data does not justify a bearish position on a restaurant stock, said Cramer, noting McDonald's $6 rise since Bear Stearns hastily downgraded the stock for weak December same store sales (January same store sales increases 5.7%) An even faster kneejerk (or, rather, prejerk) occurred when Darden was downgraded only a few minutes before its better-than-expected guidance was released. The moral of the story, according to Cramer, is that when analysts unfairly downgrade stock on scant data, it is time to buy. Cramer would buy MCD now even though it has risen a bit.
Published By SeekingAlpha

Labels: AIG, BAC, COP, CSCO, CVX, DRI, FCX, HON, Jim Cramer, Mad Money, MCD, MO, pfe, RTN, SLB

Capital One Financial (COF), American International Group (AIG), CIT (CIT) Cramer said AIG and COF are not transparent enough to own, because no one is sure about their assets and liabilities. While a bigger interest rate cut might have saved these companies, Cramer said after the Fed's small cut, the two companies look "too darn bad" to hold. While he did like both of these companies at one time, unlike CIT which makes all pertinent information known to investors, COF and AIG have closed books. In addition, COF recently commented on rising delinquency with credit cards, wasted its capital buying back stock at a high price and has "virtually no yield support." While AIG insists it is not being affected by bad loans, it is not providing evidence to support this claim, and Cramer says its yield is insufficient.
CEO Interview: James Hackett Anadarko Petroleum (APC)
"I believe 2008 is going to be the year for natural gas," Cramer said. "It's leaner, meaner and cleaner than coal." APC is a Cramer's natural gas growth pick, since it has raised its production guidance and is actively drilling. Cramer asked James Hackett why the presidential candidates weren't discussing natural gas, and Hackett replied the fuel is unjustly overlooked. Hackett added the company is drilling ambitiously and has made acquisitions to facilitate working overseas. While it is a challenge to drill in the Gulf of Mexico because of federal regulations, Hackett said people who manage to drill in the region should be encouraged. Cramer called Hackett a "hero" who is "making you money."
Mercadolibre (MELI)
Cramer says MELI which processes e-commerce transactions and is based in Latin America has a similar story to Google and Baidu and will continue to run. While he would usually suggest waiting for a pullback, Cramer wouldn't wait too long to buy MELI
Published By SeekingAlpha

Labels: AIG, APC, CIT, COF, Jim Cramer, Mad Money, MELI

Here are 7 stocks for traders for Friday from TradingMarkets.com:
National Semiconductor (NYSE:NSM - News) beat earnings expectations, announcing $0.33 EPS over a consensus of $0.31 EPS. NSM's PowerRating (for Traders) is 4.
Cascade (NYSE:CAE - News) missed earnings on Thursday afternoon, reporting $1.00 EPS versus $1.08 EPS. CAE's PowerRating (for Traders) is 3.
Herley Industries (NasdaqGM:HRLY - News) also missed expectations, announcing $0.14 EPS versus $0.18 EPS. HRLY does not have a PowerRating (for Traders) due to volume constraints.
Kellwood (NYSE:KWD - News) reports earnings on Friday morning before the market opens, with traders looking for $0.14 EPS. KWD's PowerRating (for Traders) is 4.
American International Group (NYSE:AIG - News) rallied over 4% on Thursday, after a Goldman Sachs announcement that potential housing market losses are "manageable." AIG's PowerRating (for Traders) is 4.
Analogic (NasdaqGS:ALOG - News) rallied 15% on Thursday, after announcing earnings of $0.53 EPS versus expectations of only $0.36 EPS. ALOG's PowerRating (for Traders) is 4.
Tribune (NYSE:TRB - News) rallied over 7% on Thursday after announcing the company will need to borrow $500 million less than earlier estimated, to help finance its going-private transaction. TRB's PowerRating (for Traders) is 5.

Labels: AIG, ALOG, CAE, Hot Stocks, HRLY, KWD, NSM, TRB

Trish Regan started the show by stating that financials are up today, leading stocks to trade higher. The DOW is down about 5.3% for November. Nasdaq down 7.4% for November. Stocks are on pace for first 2 day winning streak this month. Next, the economy was discussed with Steve Liesman. He says the FED needs to take into account the market, despite dips in the credit institutions; flexible policymaking is required when dealing with volatility within the financial sector. AIG, American Express and IBM are the leaders in the financial sector today. Crude Oil reaches a two week low with a drop of almost 3%; at under $92/barrel. Freddie Mac and CITI Group are among the leaders for finances. The U.S currency index is up almost a point. Next, shareholders vs. the sec; Dan Pedrotty says that the sec is not following through to protect investors. Among these proxy proposals is the stipulation that shareholders, owning 5% or more of the company, can elect new company directors. The objective is to provide opportunities for involvement among the shareholders. Merrill Lynch is expected to have a good day. Next was the real estate market. Steve Liesman of CNBC says mortgage and interest rates are very tight. The mortgage lenders are demanding high equity loans, and those consumers who are aggressive can find the money they need, in the upcoming months. Next, David Fondrie of Heartland Investors says that Cimarex Energy (XEC) and Conocophillips (COP) would be good choices for buying today. Allan Hubbard resigns from his position as economic advisor to the Bush Administration. Keith Hennessey will be replacing him. Hubbard says he is leaving so he can spend more time with his children.

Labels: AIG, Citigroup Inc., CNBC, CNBC's The Call, COP, FED, IBM, MER, The Call, trish regan, XEC

Erin Burnett started the show today asking if CITI Group's decision to sell almost 5% of their company to the Arabs was such a good one. Also that crude oil is down about 3%. Steve Leisman says that focus is being taken off the weak dollar and on to the weak economy. Future plans are in effect for the improvement of consumers concern with the state of the economy and risk of recession. Abu Dhabi has paid over $7 B (The biggest purchase of an American Company buy a foreign) to make part of CITI. Arabs are looking for financials, homebuilders and hotels. Anything from actual buildings to stock equity sharing on the financial sector side are up for grabs. Sen. Chuck Schumer of New York shows concern for a continuing opportunity for American investments. As a democrat, free trade is not a top priority for him, and he wants to avoid building walls in between Americans and business buy giving power to foreign investors. The Arabs say they have no interest in board or managerial roles, only to play as a passivist support group who believes in the potential of American companies. David Weber says MasterCard (MA) and Research in Motion (RIMM) are his picks for the day. Next, there was the real estate market. David Blitzer of Standard and Poor's says that prices are driving foreclosures, resulting in a 524,000 fewer jobs and $6.6 billion lost in taxes. Also that a mass amount of foreclosures are driving the prices of surrounding homes down. The worst hit is New York at a loss of over $10 B. You can keep updated by visiting; realtycheck.cnbc.com. Next, Russia will be electing a parliament on Sunday, Dec 2nd. Julian Mayo of U.S Global Investors Eastern Europe Fund says that increased certainty is acknowledged for the outcome, being in supporters of Vladmir Putin's favor. The Russian market is leading the world. Utilities and Telecomm are the top performers in Russia. An update for CITI Group says that the company has not closed off opportunities for foreign purchase and investment. Rick Santelli of CNBC says that apparently CITI is looking for more than $7.5 B. and a loss of ownership by more than 5%. David Faber of CNBC says that raising capital will be the main concern for financial institutions as a result of CITI's decisions. More write-downs to come for consumers, and more capital to be raised will likely come from Arab investors and foreign petroleum dollars. Jim Cramer with Stop Trading was next. American International Group (AIG), and JP Morgan (JPM) are among his choices for likely candidates for middle eastern investors. He says that more capital for the corporations should be a positive thing for consumers. Jim Goldman of CNBC says that Verizon (VZ) announced that they will promote unrestricted access. This makes Verizon a much stronger competitor in the future. With 64M wireless customers in the U.S, Verizon will cause even more problems for companies such as Sprint and Nextel.

Labels: Abu Dhabi, AIG, Citigroup Inc., CNBC, CNBC's Stop Trading, Erin Burnett, Jim Cramer, Jim Cramer's Stop Trading, JPM, MA, RIMM, Sprint Nextel, Street Signs, street signs recap, VZ

Financials: Washington Mutual (WM) fell 16% on Wednesday after reporting that credit losses for the year could be as much as $2.9 billion. Adami concedes Goldman Sachs (GS) could trade down to $205 and that is where investors should look to buy it. Finerman likes Goldman and is currently long the company and short Lehman Brothers Holdings (LEH) and Merrill Lynch (MER). Najarian recommends State Street (STT). Morgan Stanley (MS) took a $3.7 billion write-down for the fourth-quarter.
Crude oil hit another record high on Wednesday trading up to $98.62. Addison Armstrong, Director of Market Research at Tradition Energy joined the show and said the long term trend is still bullish for oil. He sees that oil demand is strong and supply is very tight and the oil markets have zero margin for error right now. Najarian mentions the largest oil trader on the New York Mercantile Exchange told him that oil is the new currency and it's going to $150.
Consumer Trade
Same-store sales are set to be released for some of the biggest retailers on Thursday. Finerman likes that expectations are low and she still owns Wal-Mart (WMT) Adami declares the only way to play the retailers is with MasterCard (MA).
Word on the Street
American International Group (AIG) falls 3% after hours on a 27% drop in third quarter profits. Cisco Systems (CSCO) falls 9% after hours despite a 37% rise in first quarter profits. Research In Motion (RIMM) and Amazon (AMZN) bucked the market weakness to close higher on Wednesday. Adami mentions that Citigroup upgraded Allstate (ALL) and he would own it here for a trade, and stop out at $50. First Solar (FSLR) explodes up 22% after hours on a blowout quarter.
Pops & Drops
Pops - Potash (POT) traded up 2%.
Onyx Pharmaceuticals (ONXX) exploded up 18% after the drug company posted a third quarter profit.
DirectTV (DTV) traded up 3% after subscribers grew by 400,000.
TurboChef Technologies (OVEN) traded up 9% after the oven maker reported a smaller loss.
Drops - Fannie Mae (FNM) fell 10%
Ford Motor (F) fell 5% in front of earnings set for Thursday.
Yahoo (YHOO) fell 8% after Alibaba.com fell 17%.
Capital One (COF) fell 16% after warning on credit losses.
Fluor (FLR) fell 6% after missing Wall Street estimates.
Final Trade
Seymour thinks its payday with Gold Fields (GFI).
Adami's play is Short Dow30 Proshares (DOG).
Finerman still recommends being long Goldman Sachs (GS) and short Lehman Brothers (LEH).
Najarian likes green play Evergreen Solar (ESLR).

Labels: AIG, CNBC, CNBC's Fast Money, CSCO, Fast Money, FSLR, GS, LEH, MER, RIMM, STT, WM

American International Group Inc., the world's largest insurer, said Wednesday its third-quarter profit dropped 27 percent, hurt by tight credit and the ailing U.S. housing market.
Shares fell $1.40, or 2.4 percent, to $56.50 in after-hours trading, when the report was released. They had plunged almost 7 percent to close at $57.90 in regular trading Wednesday.
AIG's $872.3 billion-investment portfolio lost $864 million, its credit-swap portfolio lost $352 million and its mortgage-insurance business lost $215 million.
Those declines dampened the insurer's net income, which fell to $3.09 billion, or $1.19 per share, in the July to September period, from $4.22 billion, or $1.61 per share, in the same period last year.
Adjusted to exclude certain items, earnings totaled $3.49 billion, or $1.35 per share, versus $4.02 billion, or $1.53 per share, last year.
Revenue edged up to $29.84 billion from $29.25 billion.

Labels: AIG, American International Group Inc.

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.

American International Group Dec 70 Calls (NYSE:AIG - News). AIG's PowerRating (for Traders) is 5.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Harrah's Entertainment Jan 90 Puts (NYSE:HET - News). HET's PowerRating (for Traders) is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Apple Jan 230 Calls (NasdaqGS:AAPL - News). AAPL's PowerRating (for Traders) is 6.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Amazon.com Jan 70 Puts (NasdaqGS:AMZN - News). AMZN's PowerRating (for Traders) is 7.
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.
Wind River Systems (NasdaqGS:WIND - News). WIND's PowerRating (for Traders) 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.
Clear Channel Communications (NYSE:CCU - News). CCU's PowerRating (for Traders) is 6.
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.
NovaStar Financial (NYSE:NFI - News). NFI's PowerRating (for Traders) is 6.

Published By TradingMarkets.com

Labels: AAPL, AIG, AMZN, CCU, HET, NFI, stock options, WIND

On Friday the Fast Money crew speculated on the news about Citigroup (C). Macke thinks the banks are still a sell here unless you're the fastest of traders. Finerman went long Citigroup through options on Friday and she sees a bounce if CEO Chuck Prince leaves. Macke agrees that it does look like a near term reversal to the upside could be in store for Citigroup. Tim Seymour thinks the downside for the financials might be a bit over done and he bought Merrill Lynch (MER) on Friday.
Famous Legg Mason money manager, Bill Miller, likes financials and consumer names, proposing that the global plays might be over. He predicts that new leadership in the markets will come from US, large-cap, dollar-based stocks. Seymour disagrees and thinks that consumer names will do nothing over the next year. Macke thinks Miller's statement is reckless.
Cisco Systems (CSCO) is set to report earnings on Wednesday. Oppenheimer Chief Market technician Carter Worth joined the show to discuss Cisco Systems. In Worth's opinion, CSCO has relative strength and during market sell-offs investors haven't been selling the shares. Adami notes that fundamentally CSCO is doing well. Seymour contends CSCO is a bell-weather for technology and the company is finding ways to grow outside of the U.S. Macke thinks CSCO is just getting started and any pullback in the name is a chance to buy it. In the technology sector Macke wants a dip on Microsoft (MSFT) so he can get in. Adami favors Western Digital.
Retail Shopping
Most major retailers are set to report same-store sales for October on Wednesday Nov. 7th and Thursday Nov. 8th. Costco (COST) and Macy's (M) are Macke's favorite plays here. Finerman is positive on the retailers, but she is nervous about the consumer and she sold her Target (TGT).
Insurance: A shareholder group including Maurice Greenberg is requesting that American International Group (AIG) look at strategic alternatives. The stock is trading up 3% after hours on the news. Greenberg, who use to run AIG, is currently the largest shareholder and controls $3 billion in the stock. Charlie Gasparino's sources say that Greenberg wants to get rid of the current mangers and board of directors. Macke would be a buyer of AIG off this news.
OIL: Oil hits another record high to close at $95.93. Finerman favors Flowserve (FLS) for a global play. She also mentioned that FLS is her biggest position, although she did trim some on Friday. Adami tells investors Exxon Mobil (XOM) still has a rich valuation and if you want to play the oil space look at Chevron (CVX).
Seymour recommends investors look at emerging markets like Brazil, Russia and China. Brazilian banks Banco Itau Holding Financeira S.A. (ITU) and Banco Bradesco S.A. (BBD) are his plays. In Eastern Europe, he likes cellular plays Mobile TeleSystems (MBT) and Vimpel-Communications (VIP).
Pops & Drops
Pops - IAC Interactive Corp (IACI) traded up 9% after beating earnings.
USEC (USU) traded up 12% on a strong profits report.
Potash (POT) traded up 4% after Russian competitor Silvinit had a major flood causing tight world supplies to tighten further.
Baidu.com (BIDU) popped 16% after profits doubled. Macke declares BIDU is the Google of China.
Drops - Washington Mutual (WM) fell 17% after New York Attorney General Andrew Cuomo sued WM alleging it colluded with a real estate appraisal firm to inflate the value of homes to help ensure that loans went through.
Yahoo! (YHOO) fell 8% for the week.
Target (TGT) fell 6% following the downward trend in the market.
Titanium Metals (TIE) fell 11% after missing profit forecasts.
Quicker than the Ticker
Back on October 8th, Seymour suggested buying CTC Media (CTCM) and Central European Media Entertainment (CETV). Seymour got it right and shares of CTC Media went up 7% and CETV surged 20% since his recommendation.
On October 17th Adami told investors to buy MasterCard (MA). The stock has advanced 17% since he recommended it.
October 29th Finerman advised shorting GPS play Garmin (GRMN). GRMN declined 20% since her call.
It was October 31st when Macke recommended investors to short Citigroup (C). Macke was right and two days later Citigroup fell 9%.
Misfires
Earlier this week on Tuesday, Adami recommended buying Las Vegas Sands (LVS). He missed the trade and LVS plunged 19% since his call. For now he favors Boyd Gaming (BYD).
Last Friday Finerman recommended shorting oil. Since her call oil has climbed 6% higher. Finerman would get out of the short oil trade because it didn't work.
A week ago Macke told investors to buy Procter and Gamble (PG). Procter has fallen 3% since he picked it, but Macke says the earnings report wasn't that bad and maintains its going to work in the long-term.
On October 4th Seymour favored investment bank Merrill Lynch (MER) on valuation. Seymour was way off and Merrill fell 19%.
Final Trade
After a rollercoaster week, the team gives their best picks. Although, not necessarily for stocks.
Macke picks the Indianapolis Colts over the New England Patriots. Finerman went with the New England Patriots.
Adami places his bet on Intel (INTC).
Seymour chooses Immersion (IMMR).

Labels: AIG, CNBC, COST, CSCO, Fast Money, Fast Money Recap, MER, MSFT, TGT

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
American International Group Dec 70 Calls (NYSE:AIG - News). AIG's PowerRating (for Traders) is 4.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
ZymoGenetics Nov 12.5 Puts (NasdaqGM:ZGEN - News). ZGEN's PowerRating (for Traders) is 3.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Wynn Resorts Nov 195 Calls (NYSE:WYNN - News). WYNN's PowerRating (for Traders) is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
CME Group Nov 600 Puts (NYSE:CME - News). CME's PowerRating (for Traders) 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.
Office Depot (NYSE:ODP - News). ODP's PowerRating (for Traders) 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.
Perot Systems (NYSE:PER - News). PER's PowerRating (for Traders) is 4.
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.
AmeriCredit (NYSE:ACF - News). ACF's PowerRating (for Traders) is 6.
Published By TradingMarkets.com

Labels: ACF, AIG, CME, ODP, PER, stock options, WYNN, ZGEN

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.
Quest Diagnostics (NYSE:DGX - News). DGX's PowerRating (for Traders) is 6.
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.
ConocoPhillips (NYSE:COP - News). COP's PowerRating (for Traders) 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.
LSB Industries (NYSE:LXU - News). LXU's PowerRating (for Traders) is 8.
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.
Continental Airlines (NYSE:CAL - News) . CAL's PowerRating (for Traders) 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.
American International Group (NYSE:AIG - News). AIG's PowerRating (for Traders) is 4.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Hot Topic (NasdaqGS:HOTT - News). HOTT's PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
KB Home (NYSE:KBH - News). KBH's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: AIG, CAL, COP, DGX, Hot Stocks, HOTT, KBH, LXU

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.
On Semiconductor (NasdaqGS:ONNN - News). ONNN's PowerRating (for Traders) is 6.
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.
ImClone Systems (NasdaqGS:IMCL - News). IMCL's PowerRating (for Traders) is 6.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Medicines Company (NasdaqGS:MDCO - News). MDCO's PowerRating (for Traders) is 3.
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.
Sara Lee (NYSE:SLE - News). SLE's PowerRating (for Traders) 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.
Autozone (NYSE:AZO - News). AZO's PowerRating (for Traders) is 3.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
American International Group (NYSE:AIG - News). AIG's PowerRating (for Traders) is 4.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Moody's (NYSE:MCO - News). MCO's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: AIG, AZO, Hot Stocks, IMCL, MCO, MDCO, ONNN, SLE

On today's show, Cramer started off by talking about the good news that General Motors (GM) received with the completion of their labor talks that he thinks will move the stock to $45, and the rumors that Warren Buffet is buying a stake in Bear Stearns (BSC) that will move it higher, along with other financial stocks Citigroup (C), AIG (AIG), J.P. Morgan (JPM), and American Express (AXP).

Cramer then started talking about buying inexpensive oil stocks when there is a pullback in oil prices. His stock choice is Gardner Denver (GDI) that will profit from higher oil prices and a weaker dollar. Compared with similar stocks such as Baker Hughes (BHI), National Oilwell Varco (NOV) and Schlumberger (SLB), Gardner Denver's multiple is too low.

Energy Stocks:
Transcanada (TRP): Enterprise Products Partners (EPD) is better.
Valero (VLO): Refining margins are killing the stock.
Transocean (RIG): He thinks the stock will go up when the GlobalSantaFe (GSF) merger is complete. Cramer also mentioned some Canadian Energy Trusts that he likes. The stocks are Canetic Resources (CNE), Pengrowth (PGH), Baytex (BTE), International PBX Ventures (PBX), Penn West Energy (PWE), and Advantage Energy (AAV).

Are You Diversified?:
Cramer recommended Caterpillar (CAT) to his first callers portfolio. He told his second caller to get rid of NYSE Euronext (NYX). Cramer told his third caller to hget rid of Pfizer (PFE).

Cramer spoke to the CEO of Genesis Lease (GLS) which Cramer recommended at $26. He said he was wrong to call the stock a buy then, but you should "back up the truck" now that it's at $22.

Finally, Cramer took three call in Sudden Death. He is unsure about Layne Christensen (LAYN), he likes Life Partners Holdings (LPHI) but is concerned about the large short interest, and thinks Danaher (DHR) is one of the best performing stocks in the S&P.

Labels: AIG, AXP, BHI, BSC, GDI, GM, Jim Cramer, JPM, Mad Money, Mad MOney Recap, NOV, SLB, TRP