Jim Cramer Blog

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is 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.
Valero Energy (NYSE:VLO - News). VLO's PowerRating (for Traders) 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.
W.W. Grainger (NYSE:GWW - News). GWW's PowerRating (for Traders) 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) & Bankrate (NasdaqGS:RATE - News). AXS's PowerRating (for Traders) is 7, and RATE's PowerRating (for Traders) is 8.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five 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.
China BAK Battery (NasdaqGM:CBAK - News). CBAKS's PowerRating (for Traders) is 8.
Bearish
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.
Steve Madden (NasdaqGS:SHOO - News). SHOO's PowerRating (for Traders) is 1.
5+ Consecutive 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.
Qlogic (NasdaqGS:QLGC - News). QLGC's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: AXS, CBAK, GWW, Hot Stocks, QLGC, RATE, SHOO, VLO

Bullish calls:
Monsanto (NYSE: MON - News): 'I would rather see you buy a little MON at $65 bucks.'Volvo (NasdaqGS: VOLV - News): 'I think VOLV is pretty good. At $20 bucks, I like it. It's also got Europe going for it. They have a great engine.'Axis Capital Holdings (NYSE: AXS - News): 'Cheap life insurance ... I kind of like it. It's a specialty play ... the only financial part of the economy that doesn't have housing risk. I'm going to bless that stock.'Brookfield Asset Management (NYSE: BAM - News): ' ... you can buy right now - right now, even in this decline. A Canadian stock with a great management that has real estate interests and power interests... Yes! Nice call.'EMC (NYSE: EMC - News): 'EMC probably has the most momentum of any tech name, other than my Four Horsemen (Intel, Dell, Microsoft and Cisco) ... I want you buying EMC, and I like it so much, that I have to press 'buy, buy, buy!' Frontline (NYSE: FRO - News): 'The 11% yield is safe. I've been too negative. I want to pull the trigger now ... FRO, I stand corrected.'
Neutral calls:
B & G Foods (NYSE: BGF - News): ' ... why isn't it higher, frankly?... It's got good solid growth ... Memo to my fabulous staff... Let's call BGF and get the Chief Executive. I want to ask him why, why it's not up more, because I cannot opine on it, until I've spoken to him. Don't buy, don't buy.'
Bearish calls:
Texas Industries (NYSE: TXI - News): ' ... it's going to take it on the chin every single time you hear negative things about housing... Now, if you can't handle that ... I recommend that you swap out of it.'Potash (NYSE: POT - News): ' I don't regard this stock being down $1 from its 52-week high as being the kind of weakness that wants to get me in there.'MasterCard (NYSE: MA - News): 'Let's wait for that little pullback, and then pull the trigger.'Emergency Medical Services (NYSE: EMS - News): 'It sells at twice its growth rate ... sell, sell, sell'Terra Nitrogen (NYSE: TNH - News): ' ... the stock is up over 500%. Again, on a pullback, I am going to re-recommend the ag group, but this group has not corrected at all.'

Published By SeekingAlpha

Labels: AXS, BAM, BGF, EMC, EMS, FRO, Jim Cramer, Lightning Round, Mad Money, MON, POT, TNH, TXI, VOLV

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