Jim Cramer Blog

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Kinder Morgan Partners (NYSE:KMP - News) beat earnings on Wednesday afternoon, reporting $0.50 EPS over an expected $0.45 EPS. KMP's PowerRating (for Traders) is 5.
Blockbuster (NYSE:BBI - News) rallied 22%, after JP Morgan said that Apple competition worries could be overblown. BBI's PowerRating (for Traders) is 6.
BB&T Corporation (NYSE:BBT - News) reports earnings on Thursday before the market opens, with traders looking for $0.78 EPS. BBT's PowerRating (for Traders) is 2.
Continental Airlines (NYSE:CAL - News) announces quarterly results on Thursday morning; watch for $0.03 EPS. CAL's PowerRating (for Traders) is 2.
International Game Technology (NYSE:IGT - News) is expected to post $0.36 EPS on Tuesday morning before the bell. IGT's PowerRating (for Traders) is 5.
Analysts will be watching for Merrill Lynch (NYSE:MER - News) to report -$4.57 EPS before the market opens tomorrow. MER's PowerRating (for Traders) is 3.
Novartis (NYSE:NVS - News) should report $0.73 EPS tomorrow morning. NVS's PowerRating (for Traders) is 6.

Labels: BBI, BBT, CAL, Hot Stocks, IGT, KMP, MER, NVS

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.
Seabridge Gold (NYSE:SA - News) & Sunpower Corporation (NasdaqGS:SPWR - News). SA's PowerRating (for Traders) is 8, and SPWR's PowerRating (for Traders) is 8.
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.
Noble Corporation (NYSE:NE - News) & SPDRS Select Energy ETF (NYSE:XLE - News). NE's PowerRating (for Traders) is 6, and XLEs 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.
GFI Group (NasdaqGS:GFIG - News). GFIG'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.
Amazon.com (NasdaqGS:AMZN - News). AMZN'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.
Continental Airlines (NYSE:CAL - News). CAL's PowerRating (for Traders) is 3.

Labels: AMZN, CAL, GFIG, NE, SA, SPWR, Trading Ideas, XLE

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
eBay (NasdaqGS:EBAY - News) smashed earnings expectations on Wednesday, announcing $0.41 EPS over an expected $0.33 EPS. EBAY's PowerRating (for Traders) is 5.
Alliance Data (NYSE:ADS - News) also beat earnings Wednesday, with $1.01 EPS over a consensus of $0.93 EPS. ADS's PowerRating (for Traders) is 5.
Bank of America (NYSE:BAC - News) reports earnings on Thursday before the bell, with analysts looking for $1.06 EPS. BAC's PowerRating (for Traders) is 5.
Commerce Bancorp (NYSE:CBH - News) is looking to report $0.41 EPS before the market opens on Thursday morning. CBH's PowerRating (for Traders) is 7.
Dow Jones (NYSE:DJ - News) should report $0.22 EPS on Thursday morning before the bell. DJ's PowerRating (for Traders) is 5.
Analysts are watching for Continental Airlines (NYSE:CAL - News) to report $2.19 EPS on Thursday before the market opens. CAL's PowerRating (for Traders) is 5.
Pfizer (NYSE:PFE - News) should announce $0.52 EPS tomorrow morning. PFE's PowerRating (for Traders) is 5.

Labels: ADS, BAC, CAL, CBH, DJ, Ebay, Hot Stocks, pfe

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.
Boeing (NYSE:BA - News). BA'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.
Cablevision (NYSE:CVC - News). CVC'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.
Plum Creek Timber (NYSE:PCL - News). PCL's PowerRating (for Traders) is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Sears Holding (NasdaqGS:SHLD - News). SHLD'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.
Continental Airlines (NYSE:CAL - News). CAL'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.
Nicor (NYSE:GAS - News). GAS'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 4.
Published By TradingMarkets.com

Labels: BA, CAL, CVC, GAS, Hot Stocks, KBH, PCL, SHLD

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

Equities rallied across the board fueled by upbeat corporate earnings. The Dow ended the session up 82 points, while the Nasdaq gained 20.5. The benchmark S&P 500 also rallied, rising 7 points. For the Dow, it marks the first time the index has closed above 14,000. Investors' moods were not dampened by rising energy prices, as crude rose 87 cents to close at $75.92.
On the economic front today, the Conference Board said that U.S. leading economic indicators fell more than expected in June, dropping -0.3% after a revised gain of 0.2% in May. The decline was mostly due to slumping building permits. The index closely gauges the economy's outlook for the next 3-6 months.
On the earnings front, the nations second-largest bank, Bank of America (NYSE: BAC - News), reported a 5.2% rise in profits to $5.76 billion, or $1.28 a share. This compares to a year-ago profit of $5.48 billion, or $1.19 a share. Profits rose fueled by gains in private equity and investment banking revenue. Analysts were looking for earnings to come in at $1.20 a share.
Online auction site eBay (Nasdaq: EBAY - News) said a 34% revenue rise in its PayPal division helped its profit rise nearly 50% in the second quarter to $375.8 million, or 27 cents a share. In the same period a year ago, it earned $250 million, or 17 cents a share. Revenue climbed 30% to $1.83 billion. Excluding stock-based compensation and other costs, EPS would have been 34 cents a share, 2 cents ahead of analyst estimates. Wall Street, however, was unenthused, sending shares down -1.6% due to a continued slowdown in auction listings.
Software and hardware giant IBM (NYSE: IBM - News) reported a 12% rise in earnings compared to year-ago levels, as net income climbed to $2.26 billion, or $1.55 a share. Sales in its second quarter were $23.8 billion, beating analyst estimates of $23.1 billion. Strength in Big Blue's software division and improvements in its services unit helped drive profit in its second quarter.
Industrial heavyweight Honeywell (NYSE: HON - News), meanwhile, earned $611 million, or 78 cents a share, beating estimates of 75 cents a share. Sales climbed to $8.54 billion from $7.90 billion a year ago. The company also lifted its full-year 2007 earnings and sales forecast to $3.10-3.16 a share on revenue of $33.9 billion. Its Board also announced plans to buy back an additional $3 billion worth of its own stock. Shares finished the day higher by 0.7%.
Lastly, Continental Airlines (NYSE: CAL - News) said earnings rose due to strength in its transatlantic flights. Profit rose 15% to $228 million, or $2.03 a share. Excluding a settlement charge, EPS came in at $2.10, ahead of analyst estimates of $1.84. Revenue rose 5.8% to $3.7 billion. The stock slid -2.8% on reports that rising costs are in the cards in future quarters.
By the BullMarket.com Staff

Labels: BAC, CAL, Ebay, HON, IBM

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Bank of America (NYSE:BAC - News) reports quarterly earnings on Thursday before the market opens; look for $1.20 EPS. BAC's PowerRating is 4.

Continental Air (NYSE:CAL - News) should report $1.79 EPS on Thursday morning before the bell. CAL's PowerRating is 4.
When Dow Jones (NYSE:DJ - News) releases earnings on Thursday morning, look for $0.45 EPS. DJ's PowerRating is 7.
Analysts are watching for International Game Technology (NYSE:IGT - News) to report $0.39 EPS on Thursday morning. IGT's PowerRating is 5.
Motorola (NYSE:MOT - News) looks set to announce flat earnings ($0.00) tomorrow morning. MOT's PowerRating is 4.
Nucor (NYSE:NUE - News) announces earnings on Thursday morning, with most analysts expecting $1.15 EPS. NUE's PowerRating is 6.
Reliance Steel (NYSE:RS - News) is hoping to report $1.57 EPS on Thursday morning. RS's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BAC, CAL, DJ, Hot Stocks, IGT, MOT, NUE, RS

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Gilead Sciences (NasdaqGS:GILD - News) beat earnings estimates on Wednesday afternoon, announcing $0.85 EPS over an expected $0.80 EPS. GILD's PowerRating is 5.

Novellus Systems (NasdaqGS:NVLS) missed earnings on Wednesday; analysts were looking for $0.43 EPS, but NVLS announced $0.42 EPS. NVLS's PowerRating is 6.
Altria (NYSE:MO) reports quarterly earnings on Thursday before the bell; watch for $1.06 EPS. MO's PowerRating is 5.
Bank of America (NYSE:BAC) announces earnings Thursday before the market opens, with analysts looking for $1.15 EPS. BAC's PowerRating is 4.
Continental Airlines (NYSE:CAL) is expected to report $0.14 EPS on Thursday before the bell. CAL's PowerRating is 3.
When Merck (NYSE:MRK) reports on Thursday morning, look for $0.82 EPS. MRK's PowerRating is 5.
Look for Merrill Lynch (NYSE:MER) to announce $1.97 EPS on Thursday before the action begins. MER's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: BAC, CAL, Hot Stocks, MER, MO, MRK, NVLS

Bullish calls:
Comcast (NasdaqGS: CMCSA): ' I think that CMCSA is done going down. It's a very good stock to own in a slowdown. Pull the trigger multiple times on CMCSA. There!'Fuel Tech (NasdaqGM: FTEK): 'It's one of the few companies on alternative energy that are actually maknig money. I like that! Pull the trigger FTEK - get back in!'American Tower (NYSE: AMT - News): ' ... the tower business is a good business. It's just a great generator of cash, so I like it.'Intuitive Surgical (NasdaqGS: ISRG): 'I think that ISRG, AKAM and HOLX are the three high-growth stocks that the momentum crowd is going to gravitate to.'Hologic (NasdaqGS: HOLX)Akamai Technologies (NasdaqGS: AKAM)Continental (NYSE: CAL - News): 'We're going with CAL.'World Wrestling Entertainment (NYSE: WWE - News): 'I've liked it. The stock has done absolutely nothing, but you do get that 6% yield while you wait for something to happen, particularly overseas.'GlaxoSmithKline (NYSE: GSK - News): ' one of the few drugs stocks that I actually like. It has a very good generic, over-the-counter business.'
Neutral calls:
Melco PBL Entertainment (NasdaqGM: MPEL): 'You know, I'm hurting with this MPEL ... Now, the problem is the Macau - no one wants to do anything with China, because China's now in trouble... I have been saying back up the truck on this MPEL down here. I don't want to back away from that, but I have to tell you that this stock - if it goes back to $18-19 - we're going to re-evaluate. '
Bearish calls:
Jefferies (NYSE: JEF - News): ' ... when you miss a quarter in this game, and a lot of other brokerage houses didn't, I think you've got to just wait ... Don't buy, don't buy.'Harley-Davidson (NYSE: HOG - News): 'They missed the quarter. They've become the punching bag of the shorts ... I've got so many companies that have so-called made the quarter, I don't need to step down in quality. HOG? Don't buy, don't buy.'Fastenal (NasdaqGS: FAST): ' You've got a stock at a 52-week low that, frankly, I don't like. I'm sorry, but boy are we being tough in this post-416 decline. Again, don't buy.'Taiwan Semiconductor (NYSE: TSM - News): 'This is one of the best... you know, it's a commodity semiconductor. It's been doing incredibly well. It's at a 52-week high. You know I don't really like the semi-conductor index. This stock - I would honestly - even though it yields 3% - let's take some money off the table. I'm not crazy about TSM right here.'ExpressJet (NYSE: XJT - News)
Published By SeekingAlpha

Labels: AMT, CAL, CMCSA, FAST, GSK, HOG, ISRG, JEF, Jim Cramer, Lightning Round, Mad Money, MPEL, TSM, WWE, XJT

Bullish calls:
Anglo American (Other OTC: AAUKF.PK - News): 'I was recommending AAUK at $25.60, but you know something? It's still there, but it's doubled ... I like it just as much, but not as much as AUY.'Yamana Gold (NYSE: AUY - News)Continental Airlines (NYSE: CAL - News): 'We like CAL on this program, because it was the first to turn, and the first to actually run like a business.'Arris Group (NasdaqGS: ARRS): ' I was very concerned. We recommended this stock lower, and then they did this acquisition - the Tanberg TV acquisition - I was kind of freaking out... It looks like people are liking it. The quarter was good ... I've got to stick with it, because the crowd likes the merger, and I like the earnings.'Crocs (NasdaqGS: CROX): 'Bears try to push it down. We're wise to their game ... When a company comes out with a great quarter, you hit it with everything you have; you knock it down, and then you try to get the bulls worried... It's the bears that are going to be wrong. CROX is going to roar back ... It's still the best trade around for the next 6 months.'Gardner Denver (NYSE: GDI - News): 'I felt that, when the air compressor group was all being taken over, a couple of weeks ago, we'd see a deal for GDI. This is a great compressor company.'Halliburton (NYSE: HAL - News): ' ... by the way, did anyone see Prince HAL changing to King HAL today, on a breakout? I still love the oil service plays.'MRV Communications (NasdaqGM: MRVC): 'I recommended the stock lower... maybe about 20% lower. It's a split-up play. I think you've got $5 in pin action here. I want you to hold it. Here's the deal: MRVC is one of these component plays that I think is going to get carried up, along with CSCO. I am not - for a minute - leaving this table, even though we're up about 20%. I want you to stay in.'Cisco (NasdaqGS: CSCO) Syngenta (NYSE: SYT - News): 'SYT's one of the sainted plays, along with BG, DE and MON, and LNDC. It is all about energy as corn, and corn as energy, and soy as energy, and all that stuff that means absolutely nothing, but we love on Mad Money. And you should stick with it.'Deere (NYSE: DE - News)Bunge (NYSE: BG - News)Monsanto (NYSE: MON - News)Landec (NasdaqGS: LNDC)MetLife (NYSE: MET - News): 'You know, stick with it. This is the best in show. This is the best of breed. It has surpassed everybody else in that industry. You've got a winner.'The Scotts Miracle-Gro (NYSE: SMG - News): 'People have been abandoning this stock left and right since the tender offer. I think that's a mistake. I want to step up, ahead of the spring planting season.'Rofin-Sinar Techs (NasdaqGS: RSTI): 'When I do laser, I'm going with RSTI. That's the play.'
Neutral calls:
Systemax (NYSE: SYX - News): 'Why did I like this stock? You know what? I am not going to cuff this. I need more time on SYX. I liked it lower. I don't know whether to stick with it... '
Bearish calls:
Netease.com (NasdaqGS: NTES): 'I don't trust the communist Chinese! Don't buy, don't buy. Including NTES, and including BIDU.'Baidu.com (NasdaqGM: BIDU)IPG Photonics (NasdaqGM: IPGP): 'This is a laser stock and, you know when I do laser, I'm going with RSTI. That's the play.'Intercontinental Exchange (NYSE: ICE - News): 'Don't be a pig. This stock is up a total of 226% year over year. Take it off the table!'AirTran (NYSE: AAI - News): 'You know, I've looked at this. I think that this is a second-rate player.' We like CAL on this program, because it was the first to turn, and the first to actually run like a business.'JetBlue Airways (NasdaqGS: JBLU)NovaStar Financial (NYSE: NFI - News): 'No, no. no. You are not in the house of pain, my friend. You are in a virtual hemisphere of pain. You may be in a galaxy of pain. I feel that it's still not too late to sell NFI ... if you want to the bottom game - you are swimming where you can't see the bottom. Maybe it's 12 inches, maybe it's 12 feet. Anyway, it's too dangerous for me!'Florida Rock (NYSE: FRK - News): 'You sell FRK right now. You ring the register. You had a great hit. Don't give it back. You never know when the anti-trust department... is going to block that anti-competitive deal ... You're a winner. Let's find the next one!'Pfizer (NYSE: PFE - News): 'Oh, c'mon man! Get a life! Move on.'

Labels: AAI, AUY, BG, BIDU, CAL, CSCO, DE, GDI, HAL, ICE, Jim Cramer, Lightning Round, Mad Money, MET, MON, NFI, NTES, SMG, SYT, SYX

Labels: AGN, AMR, ATI, CAL, CFC, HP, Jim Cramer, Lightning Round, Mad Money, NEW, RIG, ZMH

Bullish calls:
Covance (NYSE: CVD - News): 'This is one of those companies that is the arms provider to biotech and pharma... Yeah, they do the tests. You've got a two thumbs up, way up.'Continental Airlines (NYSE: CAL - News)Rite Aid (NYSE: RAD - News): ' ... an analyst downgraded RAD, and it sent the stock down 31 cents, where I want to back the truck up ... Mary Sammons runs RAD, and is going to be on the show when that deal closes, and that is going to be a phenomenal one!'International Flavors & Fragrances (NYSE: IFF - News)JPMorgan (NYSE: JPM - News): 'I am going to suggest that you buy JPM, because Jamie Dimond did a good call.'Capital One Financial (NYSE: COF - News): 'If you want a little risk, and big reward, you go with COF.'Level 3 Communications (NASDAQ: LVLT - News): 'I 'm reiterating my by for LVLT... If you want to be in fiber, you go into LVLT.'Best Buy (BBY): 'If you want to be in big-screen TVs, you go into BBY, and that's all there is to it.'AT&T (NYSE: T - News): 'I am so much a T man, so swap out of the Fair Point Commuications, and go into T.'Toyota Motor (NYSE: TM - News): 'I was a huge buyer of TM 10 points ago, for my charitable trust, and I'm reiterating my buy right here. I recommended TM, and it is only up a quick 15 points, and I'm not backing away, because they make good cars. 'Blockbuster (NYSE: BBI - News): 'This thing was downgraded by another analyst this week, and it was not even a glancing blow. It didn't even the guy, because the stock finished at or near its high. Why is that? Because the 'total access' program is working. He made us money - he's a guy we like. And BBI is a keeper.'Valero (NYSE: VLO - News): 'The refining game - if you want to get in that - I'm always going to send you to... VLO.'
Bearish calls:
JetBlue Airways (NASDAQ: JBLU - News): 'Very tough. After the close tonight, they announce two resignations, including a guy that seemed pretty important from the sales and marketing side. I want to see the smoke clear ... and then I still don't want to buy it.'Bare Escentuals (NASDAQ: BARE - News): 'I said sell that stock at $31-32. It's at $34-35. I don't regard that as being anything that you missed. And I suggested instead that you buy IFF at $42. It went to $49. I say no on your bear - Sell, sell, sell. 'Sky Financial (NASDAQ: SKYF - News): 'Ring the register, my friend! You're getting Huntington Bank - not one of my favorite banks, because that company's already been taken over. It is time to sell, sell, sell.'Western Refining (NYSE: WNR - News): 'I do not like the refining stocks this quarter; I think that you'll get hurt, but they represent some great value longer term ...- I am not going to pull the trigger just yet on any refining company... 'Electronic Arts (NASDAQ: ERTS - News): 'No, no! Everyone's all excited about ERTS ... They don't have that much ... I don't trust ERTS here. Mid-40's - only then, pull the trigger.'FairPoint Communications (NYSE: FRP - News): ' Oh, this is that spinoff, right? They split the company up? You know what? I know they've got that good yield - I am so much a T man, so swap out of the FRP, and go into T.'Wal-Mart: (NYSE: WMT - News): 'sell, sell, sell!'Walgreen (NYSE: WAG - News): 'Now, at $46, I'm not as strong on WAG.'Corning (NYSE: GLW - News): 'I'm stuck with GLW. I have said that it's okay, but it's flatlined right here at $19, in part, because there's a glut of big-screen TVs; in part, because my national fiber shortage hasn't really started yet.'
Published by SeekingAlpha

Labels: BARE, BBI, CAL, CVD, ERTS, FRP, IFF, JBLU, Jim Cramer, JPM, LVLT, Mad Money, RAD, SKYF, T, TM, VLO, WAG, WMT, WNR

Bullish calls:
Covance (NYSE: CVD - News): 'This is one of those companies that is the arms provider to biotech and pharma... Yeah, they do the tests. You've got a two thumbs up, way up.'Continental Airlines (NYSE: CAL - News)Rite Aid (NYSE: RAD - News): ' ... an analyst downgraded RAD, and it sent the stock down 31 cents, where I want to back the truck up ... Mary Sammons runs RAD, and is going to be on the show when that deal closes, and that is going to be a phenomenal one!'International Flavors & Fragrances (NYSE: IFF - News)JPMorgan (NYSE: JPM - News): 'I am going to suggest that you buy JPM, because Jamie Dimond did a good call.'Capital One Financial (NYSE: COF - News): 'If you want a little risk, and big reward, you go with COF.'Level 3 Communications (NASDAQ: LVLT - News): 'I 'm reiterating my by for LVLT... If you want to be in fiber, you go into LVLT.'Best Buy (BBY): 'If you want to be in big-screen TVs, you go into BBY, and that's all there is to it.'AT&T (NYSE: T - News): 'I am so much a T man, so swap out of the Fair Point Commuications, and go into T.'Toyota Motor (NYSE: TM - News): 'I was a huge buyer of TM 10 points ago, for my charitable trust, and I'm reiterating my buy right here. I recommended TM, and it is only up a quick 15 points, and I'm not backing away, because they make good cars. 'Blockbuster (NYSE: BBI - News): 'This thing was downgraded by another analyst this week, and it was not even a glancing blow. It didn't even the guy, because the stock finished at or near its high. Why is that? Because the 'total access' program is working. He made us money - he's a guy we like. And BBI is a keeper.'Valero (NYSE: VLO - News): 'The refining game - if you want to get in that - I'm always going to send you to... VLO.'
Bearish calls:
JetBlue Airways (NASDAQ: JBLU - News): 'Very tough. After the close tonight, they announce two resignations, including a guy that seemed pretty important from the sales and marketing side. I want to see the smoke clear ... and then I still don't want to buy it.'Bare Escentuals (NASDAQ: BARE - News): 'I said sell that stock at $31-32. It's at $34-35. I don't regard that as being anything that you missed. And I suggested instead that you buy IFF at $42. It went to $49. I say no on your bear - Sell, sell, sell. 'Sky Financial (NASDAQ: SKYF - News): 'Ring the register, my friend! You're getting Huntington Bank - not one of my favorite banks, because that company's already been taken over. It is time to sell, sell, sell.'Western Refining (NYSE: WNR - News): 'I do not like the refining stocks this quarter; I think that you'll get hurt, but they represent some great value longer term ...- I am not going to pull the trigger just yet on any refining company... 'Electronic Arts (NASDAQ: ERTS - News): 'No, no! Everyone's all excited about ERTS ... They don't have that much ... I don't trust ERTS here. Mid-40's - only then, pull the trigger.'FairPoint Communications (NYSE: FRP - News): ' Oh, this is that spinoff, right? They split the company up? You know what? I know they've got that good yield - I am so much a T man, so swap out of the FRP, and go into T.'Wal-Mart: (NYSE: WMT - News): 'sell, sell, sell!'Walgreen (NYSE: WAG - News): 'Now, at $46, I'm not as strong on WAG.'Corning (NYSE: GLW - News): 'I'm stuck with GLW. I have said that it's okay, but it's flatlined right here at $19, in part, because there's a glut of big-screen TVs; in part, because my national fiber shortage hasn't really started yet.'
Published By SeekingAlpha

Labels: BARE, BBI, CAL, COF, ERTS, FRP, GLW, IFF, JBLU, Jim Cramer, JPM, Lightning Round, LVLT, Mad Money, RAD, SKYF, T, TM, VLO, WMT

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Apple (NASDAQ:AAPL - News) beat earnings by a long-shot on Wednesday after the bell, announcing $1.14 EPS over an expected $0.78 EPS.
Sovereign Bancorp (NYSE:SOV - News) beat earnings on Wednesday afternoon; SOV reported $0.33 EPS over a consensus of $0.32 EPS. SOV's PowerRating is 6.
Amdocs (NYSE:DOX - News) beat earnings on Wednesday after the close, announcing $0.53 EPS over an expected $0.50 EPS. DOX's PowerRating is 5.
Bank of NY (NYSE:BK - News) reports earnings on Thursday before the bell; watch for $0.55 EPS. BK's PowerRating is 4.
Before opening bell Thursday morning, Continental Airlines (NYSE:CAL - News) will announce earnings, with analysts looking for -$0.15 EPS. CAL's PowerRating is 3.
Analysts are looking for Merrill Lynch (NYSE:MER - News) to report $1.92 EPS on Thursday morning. MER's PowerRating is 5.
When UnitedHealth (NYSE:UNH - News) reports quarterly earnings tomorrow morning, look for $0.85 EPS. UNH's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: AAPL, BK, CAL, DOX, Hot Stocks, MER, SOV, UNH

The background evidence of the week was somewhat mixed and of the type that could always conjure the spin doctors of Wall Street to don the bear goggles. Make no mistake about it though, a decisive shift in investor psychology opted to embrace the bull at large, with the end result fresh multi-year and all-time-highs. For the five day period S&P500 ($SPX) and NASDAQ Composite ($COMPQ) are up 1.49% to 2.82% on sure signs of investor satisfaction.Aggressively lower energy prices certainly helped market bulls this week. It’s not always the case, as the relative weakness and potential earnings concerns over the ‘profit-engine’ of the energy complex (XLE, OIH) need to be ignored or used as the proverbial sacrifice fly, so that other sectors may prosper. That was the case this past week as Black Gold slid precipitously to two year lows. At the same time, the West Texas ETF (USO) fell by -9% to fresh all-time-lows of 43.50 before closing off -6.69% at 44.63. Abnormally warm weather in the northeast, continued bearish build ups of inventories, further not-so-smart institutional monies rotations and trader skepticism over OPEC cuts all played a part in the action. Meanwhile, concern over the ‘price drilling’ being an actual harbinger of a weaker economy dissipated and lost favor with a giddy Wall Street and other data saying something else entirely. After a couple warnings curveballs thrown in the week prior, the official start to the Q4 earnings season was a bullish catalyst for the market. While it’s still too early to determine any type of trend, lowered expectations for Corporate America and a cautious investor mood have been countered by strong results and outlooks from the likes of Alcoa (AA) and Genentech (DNA). While the 22% growth seen in the third-quarter isn’t likely to be matched, bullish reactions to upside surprises thus far do suggest sufficient pessimism coming into the period. Now all Wall Street needs are 450-plus reports from the S&P500, to see if they’ve got it right.One place Wall Street seems certain it has it right is a rotation into large cap technology. An outsized 2.82% gainer and a second straight week of outperformance is a testament to that belief of value found, four plus years into the broader market’s Bull Run. However, as a further testament to a market still composed of stocks and obviously not tolerant of disappointments: sales warnings out of veritable tech names such as Tellabs (TLAB), SAP (SAP) and Advanced Micro (AMD) were punished by investors. While the initial broader market concern / impact was shaken off each time and ultimately favored the “Buy, Buy, Buy!” routine, some canaries outside of the coal / energy mine have been spotted and possibly worth listening too. It also looks like Wall Street is in the mood to embrace strength outside of the corporate kind. Economic data this week contained potentially damaging information for bulls insistent of rate cuts. However, when all was said and done, the market reacted favorably to a stronger economy and one not in need of the Fed easing monetary policy. Friday’s much stronger-than-expected .9% retail sales increase solidified traders shift towards relief over an economy that’s showing more signs of bottoming without further intervention. In fact, some analysts feel the data could point to an upward revision for the Q4 GDP. The bond market is listening as well. Fed funds futures are pricing in almost no chance of a cut before May and treasury yields soared to their best levels in more than two months. The widely followed 10-Year closed at 4.77% and up 13 basis points on the week, but below the key 5% level and a point where another kind of market intervention might come into play.ON TAP THIS WEEKInvestors received an equal dose of high profile surprises and warnings last week, but all told the total count of less than a handful makes for a clean slate as earnings intensify this week. The holiday shortened work-week will have plenty of high-profile names in a myriad of industry groups. Currently, earnings expectations are riding low as Wall Street makes provisions for the end of thirteen quarters of double digit growth from the S&P500. That’s likely to happen, as much of that success was directly linked to the oil patch, which has lost more than a bit of its energy mojo. Financials, also a very heavily weighted group, will likely surprise to the upside as deal making and the capital markets have been benevolent overall. It’s anticipated though that much of what the market does in the coming weeks will be riding heavily on the current rotation into large cap tech and the NASDAQ. Investors won’t want to see further disappointments from that group with so much money now obviously betting on a confirmation of those actions. As mentioned prior, expectations for the Fed cutting rates before May are down to a near zero vote of confidence. The economic data of late has shown both a tightening labor market and enough resilience in the manufactured slowdown to keep interest rates on hold and possibly even nudged up if conditions persist. The current environment is taking place as well, in a market that’s seen hard declines in physical prices of underlying commodities. That means that should those prices firm, an additional force could also be at work, as to keep a rate cut out of the equation for 2007. The week is full of fresh data on both the inflation and growth fronts, so economic watchdogs should make sure to keep note of what’s on tap by looking at the schedule below. What does a rate cut or none offered actually mean to investors? The underlying theme that a reduction is good for the market will always have a home on Wall Street. However, the current popular vote—as evidenced by higher stock prices—is geared towards wanting an economic turnaround despite some concerns over higher price pressures. Until yields move to levels that are deemed attractive enough to pull the rug from under equities, Wall Street can apparently have its cake and eat it too.
TuesdayEconomic: NY Empire Index (20)Earnings: Ameritrade (AMTD), Forest Labs (FRX), US Banc (USB), Wells Fargo (WFC), Intel (INTC), Linear Tech (LLTC)
WednesdayEconomic: PPI & Core (.6%, .1%), Ind Prod & Cap Util (.1%, 81.8%), Weekly Crude, Beige BookEarnings: AMR (AMR), Freeport McMoran (FCX), Lennar (LEN), JP Morgan (JPM), Apple (AAPL), Lam Research (LRCX), Washington Mutual (WM)
ThursdayEconomic: CPI & Core (.5%, .2%), Housing & Permits (1.575M, 1.510M), Weekly Claims (315K), Leading Indicators (.2%), Philly Fed (3.0)Earnings: Bank of NY (BK), Continental (CAL), Harley-Davidson (HOG), Jeffries (JEF), Knight (NITE), Merrill (MER), United Health (UNH), Cap One (COF), Cree (CR