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
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.
Nuance Communications (NasdaqGS:NUAN - News). NUAN'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.
Reynolds American (NYSE:RAI - News). RAI's PowerRating (for Traders) is 7.
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.
XM Satellite Radio (NasdaqGS:XMSR - News). XMSR's PowerRating (for Traders) is 7.
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.
Beazer Home (NYSE:BZH - News). BZH's PowerRating (for Traders) is 5.
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.
Parallel Petroleum (NasdaqGM:PLLL - News). PLLL'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.
Hillenbrand Industries (NYSE:HB - News). HB'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.
Agilisys (NasdaqGS:AGYS - News). AGYS's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: AGYS, BZH, HB, Hot Stocks, NUAN, PLLL, RAI, XMSR

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Sigma Designs (NasdaqGM:SIGM - News) beat earnings on Wednesday afternoon, reporting $0.79 EPS versus expectations of $0.55 EPS. SIGM's PowerRating (for Traders) is 4.
Aeropostale (NYSE:ARO - News) beat earnings expectations on Wednesday, with $0.48 EPS over $0.47 EPS. ARO's PowerRating (for Traders) is 4.
Beazer Homes (NYSE:BZH - News) reports earnings on Thursday morning, with analysts looking for -$3.20 EPS. BZH's PowerRating (for Traders) is 5.
When Del Monte (NYSE:DLM - News) announces quarterly results on Thursday before the bell, watch for $0.17 EPS. DLM's PowerRating (for Traders) is 5.
Genesco (NYSE:GCO - News) should announce $0.54 EPS tomorrow morning before the market opens. GCO's PowerRating (for Traders) is 7.
Anaylsts will be watching for HJ Heinz (NYSE:HNZ - News) to report $0.67 EPS on Thursday before the market opens. HNZ's PowerRating (for Traders) is 5.
Sears Holdings (NasdaqGS:SHLD - News) should report $0.50 EPS on Thursday morning. SHLD's PowerRating (for Traders) is 4.

Labels: ARO, BZH, DLM, GCO, HNZ, Hot Stocks, SHLD, SIGM

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.
Taser International (NasdaqGS:TASR - News). TASR's PowerRating (for Traders) is 9.
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.
Inverness Medical Technology (NYSE:IMA - News). IMA's PowerRating (for Traders) is 7.
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.
Amazon.com (NasdaqGS:AMZN - News) & Illumina (NasdaqGM:ILMN - News). AMZN's PowerRating (for Traders) is 6, and ILMN's PowerRating (for Traders) 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.
Autozone (NYSE:AZO - News). AZO'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.
JM Smucker (NYSE:SJM - News). SJM'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.
Beazer Homes (NYSE:BZH - News). BZH's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: AMZN, AZO, BZH, Hot Stocks, ILMN, IMA, SJM, TASR

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.
eBay (NasdaqGS:EBAY - News). EBAY'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.
Metal Management (NYSE:MM - News). MM'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.
Omnivision Technologies (NasdaqGS:OVTI - News) & Bankrate (NasdaqGS:RATE - News). OVTI's PowerRating (for Traders) is 9, and RATE's PowerRating (for Traders) is 9.
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.
Cummins (NYSE:CMI - News). CMI's PowerRating (for Traders) is 8.
Bearish
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.
Beazer Homes (NYSE:BZH - News) & Steve Madden (NasdaqGS:SHOO - News). BZH's PowerRating (for Traders) is 3, and SHOO's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: Beazer Homes USA Inc., BZH, CMI, Ebay, eBay Inc., Hot Stocks, MM, OVTI, SHOO

Stocks were slammed on the final trading day of the week as poor employment data sent bulls looking for the exits. At the close, The Dow, Nasdaq, and S&P 500 all dropped over -1.5%. Gold, meanwhile, continued to advance in price, with the commodity ending the session up $5.10 to finish at $709.70.
Investors woke up to a job shock, as the Labor Department reported that the economy unexpectedly lost jobs for the first time in nearly four years last month. In all, employers cut -4,000 workers, compared with a revised gain of 68,000 in July. The unemployment rate held steady at 4.6%. Economists got it all wrong as they expected the economy to produce 100,000 jobs in the month. Breaking down jobs in sectors, factory payrolls slid by -46,000, while builders' payrolls fell by -22,000. Even the government sector reported payrolls down -28,000.
In housing sector news, Hovnanian (NYSE: HOV - News) reported a quarterly loss due to land impairment charges related to unprofitable inventory. For its third quarter, the builder reported a loss of -$80.5 million, or -$1.27 a share, compared with a year ago profit of $74.4 million, or $1.15 a share. Sales plunged by -27% to $1.1 billion, as the housing market has continued to worsen. New contracts also fell by -24%. Shares fell 7.1%. Elsewhere in the housing spotlight, Beazer Homes (NYSE: BZH - News) shares sank 13% after the company received a notice of default tied to its senior notes. The company responded by saying the letter was "invalid and without merit."
In other corporate news, motorcycle maker Harley Davidson (NYSE: HOG - News) saw investors flee the name after it announced that it is cutting production in the third quarter following last month's poor sales for its "hogs." The company expects to ship 86,000-88,000 in the third quarter, down from 91,000-95,000 previously forecast. Due to the lower sales, it now sees full-year earnings coming in at $3.69-3.77, analysts were expecting full-year earnings of $4.12. The stock dropped 9.2%.
Office supply retailer Office Depot (NYSE: ODP - News) warned investors that its third and fourth quarters would likely fall below year-ago levels as small business customers have cut back on spending. Citing continued softness in the housing market, management noted that EPS would likely fall by double digits in the third quarter. Investors were unsympathetic, sending the shares reeling 9.8%.
Chip company National Semiconductor (NYSE: NSM - News) reported that net income in its latest quarter plunged -29% to $58.6 million, or 30 cents a share, compared to a year ago profit of $12.01 million, or 35 cents. Sales totaled $471.5 million. While its net dropped, it still managed to beat analysts' estimates by a nickel. The company said that looking ahead it sees sales increasing 4-7% sequentially.
In deal news, shareholders of TXU (NYSE: TXU - News) agreed to sell the company for $32 billion to private equity players led by Kohlberg, Kravis & Roberts and TPG. 95% of the votes were in favor of the deal. The company noted that in order for the deal to close, it must gain the approval of regulators. TXU is the largest ever buyout.
By The BullMarket.com Staff

Labels: BZH, HOG, HOV, NSM, ODP, TXU

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Shuffle Master (NasdaqGS:SHFL - News) reports earnings on Monday after the close; watch for $0.13 EPS. SHFL's PowerRating (for Traders) is 4.

Take-Two Interactive Software (NasdaqGS:TTWO - News) is expected to report -$0.69 EPS after the market closes on Monday. TTWO's PowerRating (for Traders) is 4.
TXU (NYSE:TXU - News) said it had agreed to a $45 billion leveraged buyout by private-equity investors. TXU's PowerRating (for Traders) is 5.
InterDigital (NasdaqGS:IDCC - News) gained over 10% after the company adjusted Q3 forecasts upwards by about $1 million to $55.5 million. IDCC's PowerRating (for Traders) is 4.
JetBlue Airways (NasdaqGS:JBLU - News) rose over 1% after the company announced that traffic increased over 13% from August last year. JBLU's PowerRating (for Traders) is 4.
3M (NYSE:MMM - News) fell on Friday after announcing plans to buy a tape-manufacturer, Venture Tape, for undisclosed terms. MMM's PowerRating (for Traders) is 6.
Beazer Homes (NYSE:BZH - News) fell 10% after announcing that the U.S. Bank National Association had served Beazer with default notices. BZH's PowerRating (for Traders) is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BZH, Hot Stocks, IDCC, JBLU, MMM, SHFL, TTWO, TXU

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
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.

Ariba (NasdaqGM:ARBA - News). ARBA'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.
Bunge (NYSE:BG - News). BG'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.
Rockwell Collins (NYSE:COL - News). COL'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.
Keystone Automotive Industry (NasdaqGS:KEYS - News). KEYS's PowerRating is 8.
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.
Evercore Partners (NYSE:EVR - News). EVR's PowerRating is 2.
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.
Beazer Homes (NYSE:BZH - News) & Daktronics (NasdaqGS:DAKT - News). BZH's PowerRating is 5, and DAKT's PowerRating is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ARBA, BG, BZH, COL, DAKT, EVR, Hot Stocks, KEYS

Thornburg Mortgage (NYSE: TMA - News), Washington Mutual (NYSE: WM - News), Lehman Brothers (NYSE: LEH - News), KB Home (NYSE: KBH - News), Beazer Homes USA (NYSE: BZH - News), Procter & Gamble (NYSE: PG - News), Coca-Cola (NYSE: KO - News), and Colgate (NYSE: CL - News)
Cramer predicts around 7 million "teaser" mortgages are likely to be defaulted and recommends "staying defensive," by avoiding real estate and bank stocks such as TMA, WM, LEH, KBH and BZH and investing in soft goods such as PG, KO and CL. While the Fed thinks mortgage woes will pass, Cramer still believes the Fed should cut rates.
Schering-Plough (NYSE: SGP - News)
Cramer thinks SGP is an excellent stock for the current environment and notes sales are up 13% since last year. He adds the company is not leveged to mortgaes and he believes in Fred Hassan, who was one of Cramer's transformational CEOs. He would wait until buying SGP, and while the current economic climate is not good, "we have no control on what the Fed will do," Cramer said.
Vodafone (NYSE: VOD - News),Verizon Wireless (NYSE: VZ - News)
VOD is a good international play and the world's best wireless carrier. Cramer thinks VOD will raise more revenues than the competition, owns a "serious chunk" of VZ, is successful in emerging economies and has a strong dividend.
CEO Interview: Jack Cumming, Hologic (NasdaqGS: HOLX - News) with Cytyc (NasdaqGS: CYTC - News)
Jack Cumming talked about the upcoming merger with CYTC, which will mean $400 million to $50o million in EBITDA and nine top women's health products. Cumming added the company can afford the acquisition and there is no financial risk.
Published by SeekingAlpha

Labels: BZH, CL, CYTC, HOLX, Jim Cramer, KBH, KO, LEH, Mad Money, PG, SGP, TMA, VOD, VZ, WM

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.

Allegheny Energy (NYSE:AYE - News). AYE's PowerRating is 5.
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.
Ceridian (NYSE:CEN - News). CEN's PowerRating is 5.
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.
Energizer Holdings (NYSE:ENR - News). ENR'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.
Rockwood Holdings (NYSE:ROC - News). ORC's PowerRating is 8.
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.
Boeing (NYSE:BA - News). BA's PowerRating is 6.
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.
Abraxis BioScience (NasdaqGS:ABBI - News). ABBI's PowerRating 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.
Beazer Homes (NYSE:BZH - News). BZH's PowerRating is 1.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ABBI, AYE, BA, BZH, CEN, ENR, Hot Stocks, ROC

Safer than Houses: Intel (NasdaqGS: INTC - News), Texas Instruments (NYSE: TXN - News), Cisco Systems (NasdaqGS: CSCO - News), and Microsoft (NasdaqGS: MSFT - News), Advanced MicroDevices (NYSE: AMD - News)
Often people run from tech during a selloff, but Cramer notes tech is now the safe sector with significant upside potential, since these companies have enough cash to make huge buybacks. Cramer proclaims he is once again an "Intel-aholic" as he was in the 90s, because the stock is cheap, has loads of cash and an accelerating growth rate. Compared with AMD, Cramer says Intel is "the much stonger part of the duopoly" and has a lower price tag.
The Rant Heard Round the World
While some think Cramer's rant against the Fed last Friday was overdone, Cramer believes he was "the most responsible guy out there. He added, " The AAA-rated mortgage bonds are trading horribly or not at all. These are good pieces of paper, yet they've been marked down," Cramer said. He says has no idea why Ben Bernanke is still worried about inflation, and observed that the Europeans are concerned about the ripple effect of the US mortgage crisis. "My rant was the rant heard around the world," Cramer said, "The only one who hasn't heard it is Chairman Bernanke himself."
Mad Money Madness Index: MGIC (NYSE: MTG - News), MBIA (NYSE: MBI - News), KB Home (NYSE: KBH - News), Blackstone (NYSE: BX - News), Centex (NYSE: CTX - News), Beazer Homes (NYSE: BZH - News), Washington Mutual (NYSE: WM - News)
Cramer says those who have not sold the stock in his Mad Money Madness Index are being hoggish; "Greed is not good ... The market makes you pay for it."
CEO Interview: Dr. Eli Harari, Sandisk (NasdaqGS: SNDK - News)
Cramer thinks SNDK will rise next week if there is a day that is not "horrible," and he likes the company because flash memory is "hot," will replace disk drives and is the favorite of companies like Apple. He said Dr. Eli Harari's bullish remarks at a recent Flash Memory Summit reminds him of Cisco CEO John Chamber's fully justified optimism. Dr. Harari commented flash is everywhere, is contributing to market acceleration and is much cheaper than it used to be. "There's no question that flash memory today is the fastest-growing market within the semiconductor market," Dr. Harari said. "And I do not see it ending anytime soon."
Published by SeekingAlpha

Labels: AMD, BX, BZH, CSCO, CTX, H. SNDK, INTC, Jim Cramer, KBH, Mad Money, MBI, MSFT, MTG, TXN, WM

Cramer's Index: MGIC Investment (NYSE: MTG - News), Countrywide Financial (NYSE: CFC - News), Bear Stearns (NYSE: BSC - News), KB Home (NYSE: KBH - News), Centex (NYSE: CTX - News), MBIA (NYSE: MBI - News), Blackstone (NYSE: BX - News), Thornburg Mortgage (NYSE: TMA - News), Beazer Homes (NYSE: BZH - News), Washington Mutual (NYSE: WM - News), Goldman Sachs (NYSE: GS - News), Citigroup (NYSE: C - News)
While Cramer says he doesn't want to be a "buzz kill," he admits it is not possible to be really bullish as long as the housing crisis persists. Cramer formed his own "index" of the above-mentioned stocks, and said when the 12 companies stablilize and the Fed cuts interest rates, it will be time to let the bulls run once again. He made a personal appeal to Fed chairman Ben Bernanke; "Cut the rates. Take the pressure off. Many, many people could be about to lose their homes, because you're not listening..."
New Age Under Armour: Lululemon Athletica (LULU)
Cramer has discovered a new Under Armour, which like its predecessor, has experienced a massive initial bounce and is expected to keep growing. Yoga apparel company, LULU came public at $18 and jumped to $31 "in one of the worst tapes I've ever seen," said Cramer. However, he doesn't think this stock is a "one trick pony" but will keep going up as UA did, because LULU has been doubling stores year over year. Since the stock is speculative and has risen, Cramer recommends waiting at least 3 days or until the price drops before buying.
Beer is Near: Boston Beer (NYSE: SAM - News)
While in the current climate, investors are dubious of even some soft goods stocks, "People drink beer no matter what." Cramer likes SAM's 13% long-term growth rate and its smart move of acquiring a brewery from Diageo for $55 million rather than building a new one, which would have cost $200 million. Although he's a self-proclaimed "Bud man" Cramer gives SAM a triple buy, even near its 52-week high.
CFO Interview: Stephen Chazen, Occidental Petroleum (NYSE: OXY - News)
Chazen discussed production increases in Argentina and Peru; "California continues to be good for us." he added. Chazen dismissed worries about political risks, noting there are always political risks, and he remarked on the stability of OXY's chemical business. "All oil stocks are trading down in unison," Cramer said, and added now is the time to buy oil.
Published By SeekingAlpha

Labels: BSC, BX, BZH, CFC, CTX, GS, Jim Cramer, KBH, LULU, Mad Money, MBI, MTG, OXY, SAM, TMA, WM

Home is Where the Debt Is: Centex (NYSE: CTX - News), Lennar (NYSE: LEN - News), Beazer (NYSE: BZH - News), KB Home (NYSE: KBH - News), Countrywide Financial (NYSE: CFC - News), Annaly Capital Management (NYSE: NLY - News)
It isn't just about sub-prime anymore; "All mortgages that were written between 2005 and 2007 I think are corrupted," said Cramer. He came to this conclusion after reading conference calls of CTX, LEN BZH and KBH. However, he zeroed in on two conference calls which are required reading: CFC's and NLY's. In CFC's "long and tedious" call is the implication there is no such thing as sub-prime because all mortgages are bad due to piggybacking equity loans and rising rates. CEO Angelo Mozilo said he doesn't predict a recovery until 2009. NLY's CEO, Michael Farrell, made "some incredible allusions to Moscow and Napoleon." While the situation is bad, Cramer says it is not as dire as it was in 1990 and 1991 when "almost every major money center bank was insolvent, and most of the big regionals either went under or were so impaired that they had to do shotgun marriages." After reading these calls, Cramer arrives at the grim conclusion that anyone involved with mortgages "could be wiped out in this
Published By SeekingAlpha

Labels: BZH, CFC, CTX, Jim Cramer, KBH, LEN, NLY, Wall Street Confidential

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.
Mastercard Inc. Aug 150 Calls (NYSE:MA - News). MA's PowerRating is 6.
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.
Chipotle Mexican Grill, Inc. Aug 95 Puts (NYSE:CMG - News). CMG's PowerRating is 4.
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.
Beazer Homes USA Inc. Sep 12.5 Calls (NYSE:BZH - News). BZH's PowerRating is 8.
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.
Intuitive Surgical Oct 175 Puts (NasdaqGS:ISRG - News). ISRG's PowerRating is 4.
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.
CBS Corp. (NYSE:CBS - News). CBS' PowerRating is 6.
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.
Centex Corp. (NYSE:CTX - News). CTX's PowerRating 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.
Energy Conversion Devices, Inc. (NasdaqGS:ENER - News). ENER's PowerRating is 4.
PowerRatings are courtesy of TradingMarkets.com

Labels: BZH, CBS, CMG, CTX, ENER, ISRG, MA, stock options

Beazer (NYSE: BZH - News), Thornburg Mortgage (NYSE: TMA - News), Citigroup (NYSE: C - News), Countrywide (NYSE: CFC - News): Cramer says the major selloff in housing is not a reason to buy, and even if TMA is getting hammered more than it deserves, "who needs it?" Cramer might consider buying financials CFC and C if the Fed lowers interest rates, but given Ben Bernanke's inflation obsession, he wouldn't take the risk just yet.
MasterCard (NYSE: MA - News) and Macquarie Infrastructure (NYSE: MIC - News): Cramer was not so excited about buying MA now that it is $140 and has run, although he thinks the 11% selloff was "overdone." Cramer wouldn't touch MIC, a play on termite growth, because it is a "black box .... who knows what they have?"

Labels: BZH, CFC, Jim Cramer, MA, MIC, Stop Trading, TMA

Beazer Homes USA Inc., which faces federal investigations of company practices and personnel, said Thursday it swung to a loss in its fiscal third quarter after the homebuilder cut prices to spur sales and took major charges to write down the value of unsold inventory.
Its shares fell as Wall Street punished housing-related companies and the equity market as a whole on worries about lending to companies and homeowners.
For the three months ended June 30, the company posted a loss of $123 million, or $3.20 per share, compared to a year ago when it earned $102.6 million, or $2.37 per share.
The latest quarter included pretax charges of $188.5 million to write down the value of inventory and goodwill and to forfeit options on land.
Analysts surveyed by Thomson Financial, on average, projected a loss of 32 cents per share in the quarter.

Labels: Beazer Homes USA Inc., BZH

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
3M (NYSE:MMM - News) is expected to report $1.18 EPS before the bell rings on Thursday morning. MMM's PowerRating is 6.
When Aetna (NYSE:AET - News) announces quarterly earnings on Thursday morning, watch for $0.80 EPS. AET's PowerRating is 5.
Beazer Homes (NYSE:BZH - News) should announce -$0.46 EPS before the market opens on Thursday morning. BZH's PowerRating is 7.
Analysts will be watching for Exxon Mobil (NYSE:XOM - News) to report $1.94 EPS on Thursday. XOM's PowerRating is 5.
Ford (NYSE:F - News) hopes to announce -$0.40 EPS tomorrow morning. F's PowerRating is 5.
Wendy's (NYSE:WEN - News) and XM Satellite (NasdaqGS:XMSR - News) both report on Thursday morning; WEN is looking for $0.33 EPS and XMSR expects -$0.44 EPS. WEN's PowerRating is 6, and XMSR's PowerRating is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AET, BZH, F, Hot Stocks, MMM, WEN, XMSR, XOM

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.

Bear Stearns Companies Aug 155 Calls (NYSE:BSC - News). BSC'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.
Google Inc. Sep 550 Puts (NasdaqGS:GOOG - News). GOOG'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.
Baidu.com Aug 230 Calls (NasdaqGS:BIDU - News). BIDU's PowerRating is 7.
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.
Goldman Sachs Aug 195 Puts (NYSE:GS - News). GS' 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.
Beazer Homes (NYSE:BZH - News). BZH's PowerRating is 7.
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.
Lehman Brothers Holdings Inc. (NYSE:LEH - News). LEH's PowerRating is 5.
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.
KB Home (NYSE:KBH - News). KBH's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: BIDU, BSC, BZH, GOOG, GS, KBH, LEH, stock options