Jim Cramer Blog

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.
Google June 520 Calls (NasdaqGS:GOOG - News). GOOG'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.
InterContinental Exchange June 130 Puts (NYSE:ICE - News). ICE'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.
Ciena Corp. June 30 Calls (NasdaqGS:CIEN - News). CIEN's PowerRating is 5.
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.
USANA Health Sciences July 35 Puts (NasdaqGS:USNA - News). USNA'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.
PDL BioPharma Inc. (NasdaqGS:PDLI - News). PDLI's PowerRating is 5.
Canetic Resources Inc. (NYSE:CNE - News). CNE's PowerRating is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
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.
General Motors (NYSE:GM - News). GM's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: CIEN, CNE, GM, GOOG, Hot Stock Options, ICE, PDLI, USNA

Microsoft (NasdaqGS: MSFT), aQuantive (NasdaqGS: AQNT), Yahoo (NasdaqGS: YHOO): Cramer calls MSFT's bid to buy AQNT at $6 billion a "game changer," and he doesn't see any reason why it wouldn't also buy YHOO for $50 billion. The bid may usher in the beginning of a "land grab against Google." While Cramer wouldn't buy a down company solely because of a potential takeover, he notes YHOO has great traffic and thinks the stock could reach $34 immediately if CEO Terry Semel takes a "permanent vacation."
Verizon (NYSE: VZ), Dicks Sporting Goods, (NYSE: DKS), UnderArmour (NYSE: UA): Cramer wished a good weekend to the Citigroup analyst who upgraded VZ, but added he is "late," and the good news at the company is not new. Cramer predicts DKS' conference call will indicate a comeback for UA which is "done going down."
Baker Hughes (NYSE: BHI), Canetic Resources Trust (NYSE: CNE), Nabors (NYSE: NBR - News), Halliburton (NYSE: HAL), Grant Pridecos (NYSE: GRP), Grey Wolf (AMEX: GW): On BHI's report of rising rig counts, Cramer sees a growth in natural gas drilling which had been "written off," and he would take a look at CNE, NBR, HAL, GRP and even GW.

Labels: AQNT, BHI, CNE, DKS, GRP, GW, HAL, Jim Cramer, Jim Cramer's Stop Trading, MSFT, NBR, UA, VZ, YHOO

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.

Ryerson (NYSE:RYI) & St. Joe Company (NYSE:JOE). RYI's PowerRating is 7, and JOE'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.
Nicor (NYSE:GAS). GAS'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.
Hasbro (NYSE:HAS) & ImClone (NasdaqGS:IMCL). HAS's PowerRating is 7, and IMCL's PowerRating 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. Historically, these stocks have provided traders with a significant edge.
McClatchy (NYSE:MNI). MNI'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.
Canetic Resources Trust (NYSE:CNE). CNE's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: CNE, GAS, HAS, Hot Stocks, IMCL, JOE, MNI, RYI

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.
Palm (NasdaqGS:PALM - News). PALM's PowerRating is 5.
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.
PC Mall (NasdaqGM:MALL - News). MALL's PowerRating 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. Historically, these stocks have provided traders with a significant edge.
Canetic Resources (NYSE:CNE - News). CNE'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.
Baker Hughes (NYSE:BHI - News). BHI's PowerRating 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.
Bebe Stores (NasdaqGS:BEBE - News) & Eli Lilly (NYSE:LLY - News). BEBE's PowerRating is 2, and LLY's PowerRating 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.
Rackable Systems (NasdaqGS:RACK - News). RACK's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: BEBE, BHI, CNE, Hot Stocks, LLY, MALL, PALM, RACK

Microsoft (NASDAQ: MSFT - News) and Apple (NASDAQ: AAPL - News)
Although Microsoft is trying get into the portable music industry, its Zune is not going to defeat Apple's iPod, says Cramer, because Zune is too big, does not appeal to the younger set, is not user-friendly and does not have an original design. In addition, rankings for Zune are not as high as expected. Cramer adds that Apple's laptops are "popular with the college generation" and that the company has "the most differentiated brand and only has a tiny bit of market share." Also, people may get annoyed with having to update their systems for Vista and instead may move over to Apple. Cramer thinks that Apple could go to $100 by the end of the year.
Canetic Resources Trust (NYSE: CNE - News), Enterra Energy Trust (NYSE: ENT - News), Baytex Energy Trust (NYSE: BTE - News) and Precision Drilling Trust (NYSE: PDS - News) and Pengrowth Energy Trust (NYSE: PGH - News)
Cramer says that Canadian energy trusts are worth owning and would back up the truck on Canetic Resources Trust (NYSE: CNE - News) and Enterra Energy Trust (NYSE: ENT - News) because he believes that they are going up. Even if they stay put, he would still buy the stocks because they are "dividend-licious" with CNE giving a 19% yield and ENT offering 20%. These stocks are down because the Canadian government announced that energy trusts would be taxed like corporations in four years; CNE lost 30% on this news. Since this law will go into a effect in a few years, and the government might even change its mind by then, Cramer would pick up these stocks now, in addition to Pengrowth Energy Trust (NYSE: PGH - News), which was upgraded by Merrill Lynch, Baytex Energy Trust (NYSE: BTE - News), and Precision Drilling Trust (NYSE: PDS - News).
Published By SeekingAlpha

Labels: AAPL, Apple Computer Inc., Apple. iPod, BTE, CNE, Jim Cramer, Mad Money, MSFT, PDS, PGH, stMicrosoft, Trump Entertainment Resorts Inc.