Jim Cramer Blog

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.
Endo Pharmaceuticals (NasdaqGS:ENDP - News). ENDP's PowerRating is 6.
Laps Down 5% or More: These are stocks that lap 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 lap 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.
Flow International (NasdaqGM:FLOW - News). FLOW's PowerRating is 6.
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. Historically, these stocks have provided traders with a significant edge.
Bradley Pharmaceuticals (NYSE:BDY - News). BDY'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.
Perot Systems (NYSE:PER - News). PER'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.
Energy Transfer Equity (NYSE:ETE - News). ETE's PowerRating is 7.
Bearish
5+ Consecutive Up Days: 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.
Varian Medical Systems (NYSE:VAR - News). VAR'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.
Arena Pharmaceuticals (NasdaqGM:ARNA - News). ARNA's PowerRating is 2.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ARNA, BDY, ENDP, ETE, FLOW, Hot Stocks, PER, VAR

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.
Oil Services HOLDRs July 195 Calls (AMEX:OIH - News). OIH's PowerRating is 4.
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.
Arena Pharmaceuticals July 15 Puts (NasdaqGM:ARNA - News). ARNA'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 550 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 120 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.
KB Home (NYSE:KBH - News). KBH's PowerRating is 5.
Rackable Systems (NasdaqGS:RACK - News). RACK's PowerRating is 2.
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.
Hovnanian Enterprises (NYSE:HOV - News). HOV's PowerRating is 6.
PowerRatings are courtesy of TradingMarkets.com

Labels: ARNA, EEM, GOOG, HOV, KBH, OIH, RACK

Symbol
Name
Last Trade
Change
Volume
Related Info
MDII
MDI INC
2.44 2:23PM ET
0.55 (29.10%)
5,772,401

LRW
LABOR READY INC
22.39 2:18PM ET
4.19 (23.02%)
4,126,520

PTEK
POKERTEK, INC.
12.21 2:23PM ET
2.11 (20.89%)
149,231

AMRN
AMARIN CORP PLC AD
3.70 2:23PM ET
0.61 (19.74%)
3,291,753

MGRM
MONOGRAM BIOSCIENCES
2.14 2:23PM ET
0.24 (12.63%)
23,865,891

IFLO
I FLOW CP
16.49 2:23PM ET
1.91 (13.10%)
911,278

VPF
VALPEY FISHER CP
6.20 2:10PM ET
0.39 (6.71%)
34,300

TRIS
TRI-S SECURITY CORP
2.76 1:43PM ET
0.30 (12.19%)
34,751

VMI
VALMONT INDS INC
64.57 2:18PM ET
7.26 (12.67%)
991,200

PYX
PLAYTEX PRODUCTS INC
14.99 2:18PM ET
1.46 (10.79%)
1,228,900

HTLD
HEARTLAND EXPRESS
18.24 2:23PM ET
1.85 (11.29%)
1,529,386

JHX
JAMES HARDIE IND ADR
38.81 2:18PM ET
3.60 (10.22%)
12,400

PEDH
PEOPLES EDUCATIONAL
2.7800 1:48PM ET
0.2300 (9.02%)
2,000

ARNA
ARENA PHARMACEUTIC
12.45 2:23PM ET
1.10 (9.69%)
1,943,301

NVAX
NOVAVAX INC
3.20 2:23PM ET
0.25 (8.47%)
2,663,324

NSUR
INSURE.COM INC
5.24 2:03PM ET
0.42 (8.71%)
10,405

SGP
SCHERING PLOUGH CP
30.97 2:18PM ET
2.42 (8.48%)
26,101,700

ISIL
INTERSIL CORP CLA
30.55 2:23PM ET
2.40 (8.53%)
7,275,092

RS
RELIANCE STL & ALMN
56.10 2:18PM ET
4.26 (8.22%)
3,680,700
ATR
APTAR GROUP INC
74.99 2:18PM ET
5.99 (8.68%)
674,100

Labels: AMRN, ARNA, ATR, HTLD, IFLO, ISIL, JHX, LRW, MDII, MGRM, NSUR, NVAX, PEDH, PTEK, PYX, RS, SGP, TRIS, VMI, VPF

Bullish calls:
Blockbuster (NYSE: BBI - News): 'No, you don't have to sell it. That WMT is all bluster now [WMT's video rental service] I am not worried one bit about WMT. I am reiterating my buy for BBI.'MRV Communications (NasdaqGM: MRVC): They reported what I think is a very good quarter, when it comes to revenues ... Luminent is their business. They're going to spin it off. I'm still using a $5.50 price target, even after this run. MRVC - stay tuned. That was a nice quarter tonight.'Yahoo! (NasdaqGS: YHOO): 'I've been selling it, paring my portfolio. We got lucky - it's moved up a lot. It still - because of Panama - can't miss here. Why? Because if it does miss, they get rid of Semel [CEO]. If they don't, it goes higher. Two ways to win.'Movado (NYSE: MOV - News): 'I didn't like MOV, because they told me they weren't in Costco, and sure enough, there was a Movado watch... But, you know what? I'm a forgiving bobblehead, and I realized that MOV is a good company. And the stock hit a 52-week high today at $30. With a reluctant two thumbs up...'BHP Billiton (NYSE: BHP - News): ' I have rarely seen a company that is more in love with its shareholders than BHP, They're returning big capital. BHP and Cramer fave, RIO, are both winners. I think BHP goes to $50 bucks.'Companhia Vale do Rio Doce (NYSE: RIO - News): 'I think RIO's headed right to $40.'Polaris Industries (NYSE: PII - News): ' That dividend is good! You would think, given the alleged global warming, I feel there is a problem just being in snowmobiles, but they also have all-terrain vehicles ... The business is well-managed.'Crown Holdings (NYSE: CCK - News): 'They have cleared up their asbestos problems ... This stock has now moved to its 52-week high. Do you mind if we wait for a little bit of a pullback, before we step up to the plate and buy some CCK? Don't pull the trigger just yet.'Nokia (NYSE: NOK - News): 'Listen, I like the NOK right here ... I basically think that NOK is going to $25 ... Stay with NOK.'Procter & Gamble (NYSE: PG - News): 'I like PG too.'Prudential (NYSE: PRU - News): 'I want to own PRU. That's a better story.'International Paper (NYSE: IP - News): ' I liked it at $33. I'm sticking by it. It's one cheap stock.'
Bearish calls:
Wal-Mart (NYSE: WMT - News)Arena Pharmaceuticals (NasdaqGM: ARNA): 'I want you to take it all off ... I really blew that call. That company is a serial financer of itself, meaning they are constantly re-issuing stock. They kind of broke my heart... Sell, sell, sell!'BMC Software (NYSE: BMC - News): 'Let's stay away from that sector. I just think there's nothing to offer in software.'If tCitigroup (NYSE: C - News):' I guess what I'm saying is you've got the worst bank in the world... I don't want you to stay with it...'Allstate (NYSE: ALL - News): 'No. I would sell ALL now. I want to own PRU. That's a better story.'

Published By SeekingAlpha

Labels: ALL, ARNA, BBI, BHP, BMC, C, CCK, IP, Jim Cramer, Lightning Round, Mad Money, MOV, MRVC, NOK, PG, PII, PRU, RIO, WMT, YHOO

Aegean Marine Petroleum Network (NYSE:ANW - News) shares surged Friday in the company's stock market debut.
Allegiant Travel (NASDAQ:ALGT - News) shares jumped in the company's initial public offering.
Arena Pharmaceuticals (NASDAQ:ARNA - News) priced a public offering of 11.5 million common shares at $13.21 each, the stock's closing price on Thursday. The deal includes an over-allotment option for the sale of an additional 1.725 million shares. San Diego-based Arena said CIBC World Markets served as the sole book-running manager in the offering.
Atwood Oceanics Inc. (NYSE:ATW - News) reported fourth-quarter net earnings of $23.2 million, or 74 cents a share, compared with $6.66 million, or 21 cents a share, in the same period last year, as revenue jumped.
Cascade Corp. (NYSE:CAE - News) said third-quarter net income rose, as revenue gained, to $12.3 million, or 94 cents a share, from $10.8 million, or 84 cents a share, during the same period in the prior year. Also, the company is increasing its revolver to $125 million from $25 million to fund potential acquisitions and to provide short-term funding for the share repurchase program.
Shares of Citigroup (NYSE:C - News) traded at their highest level since April 2004 on Friday. In a research note, analysts at Lehman Bros. said they expect the company's management to provide an outlook for positive operating leverage and improving net interest margins in 2007 when it holds an investor presentation next weeks. The analysts said they do not expect the company to announce any plans to break it up.
Credence Systems (NASDAQ:CMOS - News) said the fourth-quarter net loss narrowed, as operating expenses fell, to $1.94 million, or 2 cents a share, from a net loss of $22.5 million, or 23 cents a share, during the same period in the prior year.
Esterline Technologies Corp. (NYSE:ESL - News) reported fourth-quarter net earnings of $18.4 million, or 71 cents a share, up 19% from $15.4 million, or 60 cents a share, during the year-ago period. The company also said it now expects fiscal 2007 per-earnings of $2.45 to $2.60, up from its previous outlook of $2.40 to $2.60, boosted by record backlogs and new products coming to market.
Shares of Forgent Networks (NASDAQ:FORG - News) soared after the Austin, Texas-based technology licensing company posted a profit for its fiscal first quarter due to a doubling of revenue. The company, which also provides office administration software, earned $2.7 million, or 11 cents a share, for the three months ended Oct. 31 on revenue of $9.1 million. In the same period a year earlier, Forgent lost $300,000, or a penny per share, on revenue of $4.4 million. Looking ahead, the company said it expects to continue to generate intellectual property licensing revenue in fiscal 2007.
Shares of Hansen Natural Corp. (NASDAQ:HANS - News) surged after the Corona, Calif., beverage company disclosed it's recorded more than $500 million in gross sales for its Monster Energy drinks since their launch on January 1. The company said it reached the milestone in November.
Harsco Corp. (NYSE:HSC - News) reaffirmed its outlook for earnings from continuing operations of $4.49 to $4.51 a share in 2006 on revenue of more than $3.3 billion. The company also forecast earnings from continuing operations of $5.05 to $5.15 a share in 2007 with sales projected to grow more than 7%. The current average estimates of analysts polled by Thomson First Call are for profits of $4.51 a share in 2006 and $5.06 a share in 2007.
Heelys Inc. (NASDAQ:HLYS - News) shares jumped in one of the top IPO performances of the year.
Ingersoll-Rand Co. (NYSE:IR - News) said it has authorized the buyback of up to $2 billion of its Class A shares.
Investment Technology Group (NYSE:ITG - News) said November average daily volume rose to 175 million shares from 119 million shares a year earlier, and up from 150 million shares in October. Total U.S. volume was 3.7 billion shares vs. last year's 2.5 billion shares and last month's 3.3 billion shares.
Mace Security International (NASDAQ:MACE - News) agreed to sell its Arizona car wash operations for $19.3 million cash. Mace, Mount Laurel, N.J., said the sale includes 12 car washes and represents about $10 million of Mace's total revenue of $68 million in 2005. Nine of the car washes are owned and three are leased.
Millennium Pharmaceuticals Inc. (NASDAQ:MLNM - News) said the Food and Drug Administration has granted full approval of Velcade for the treatment of patients with mantle cell lymphoma who have received at least one prior therapy. MCL is a form of non-Hodgkin's lymphoma which has a U.S. prevalence of 10,000 patients. Cambridge, Mass.-based Millennium said the approval marks the first indication for Velcade in lymphoma, the most common blood cancer.
Nanometrics Inc. (NASDAQ:NANO - News) said it has received a favorable Markman decision in the patent infringement case brought by Nova Measuring Instruments Ltd. (NASDAQ:NVMI - News).
Online Resources Corp. (NASDAQ:ORCC - News) said it sees a first-quarter 2007 per-share net loss of 33 to 35 cents on revenue of $30 million to $31.5 million. Pro forma, or "core net income," for the quarter is expected to range from a loss of a penny to a profit of a penny.
QMed (NASDAQ:QMED - News) shares rose after the Eatontown, N.J.-based provider of information management systems to health plans said it has reached an agreement with Alere Medical Inc. to settle their litigation and arbitration. Financial terms of the settlement were not disclosed, although QMed said the agreement calls for Alere to pay a "low seven-figure dollar amount," which is to be received by Dec. 13.
Shares of PriceSmart Inc. (NASDAQ:PSMT - News) advanced after the San Diego, Calif., warehouse club retailer said its same-store sales jumped 18.5% in November. Total sales for November rose 22.9% to $69.7 million from $56.7 million in the same period a year earlier.
Verifone Holdings Inc. (NYSE:PAY - News) reported fourth-quarter net earnings of $13.9 million, or 20 cents a share, compared with $12.1 million, or 18 cents a share, in the same period last year, on the back of strong revenue from international business.
By Michael Baron of MarketWatch

Labels: ALGT, ANW, ARNA, ATW, C, CAE, CMOS, ESL, FORG, HANS, HLYS, Hot Stocks, HSC, IR, MACE, MLNM, NANO, PAY

Labels: AAPL, angioplasty balloons, ARNA, COP, CSCO, CVX, Jim Cramer, Mad Money, XOM