Jim Cramer Blog

Bullish:
China Mobile (CHL) instead of KONG
Enterprise Product Parners (EPD)
Schering-Plough (SGP),
Celgene (CELG),
Sanofi-Aventis (SNY): likes Novartis (NVS) and Schering-Plough (SGP) better
Manulife (MFC), Prudential (PRU), Metlife (MET): Likes all three
E-Trade Financial (ETFC): It's a buy.
Furmanite (FRM): Cramer prefers ITT.
ITT (ITT),
Transocean (RIG),
Schlumberger (SLB)
Hudson City (HCBK): Better than NYB.
Bearish:
KongZhong (KONG): Cramer recommended China Mobile (CHL) instead.
Pioneer Drill (PDC); Cramer wants you to sell this driller
NightHawk (NIHK): Don't buy
New York Community Bank (NYB): Cramer thinks Hudson City (HCBK) is a better bank.
MDU (MDU): Don't buy.

Labels: CELG, CHL, EPD, ETFC, FRM, ITT, Jim Cramer, Lightning Round, Mad Money, MET, MFC, NVS, PRU, RIG, SGP, SNY

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.
Jones Soda (NasdaqCM:JSDA). JSDA'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.
Dril-Quip (NYSE:DRQ). DRQ's PowerRating is 9.
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.
Watts Water Tech (NYSE:WTS). WTS'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.
Enterprise Product Partners (NYSE:EPD) & Bruker Biosciences (NasdaqGS:BRKR). EPD's PowerRating is 6, and BRKR's PowerRating is 10.
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.
Progressive Corporation (NYSE:PGR). PGR'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.
Trex Corporation (NYSE:TWP). TWP's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: BRKR, DRQ, EPD, Hot Stocks, JSDA, PGR, TWP, WTS

Summary: Barron's interviews Art Smith, head of John S. Herold energy research firm. Some key points:
Big companies have essentially stopped exploration, using profits in stock-buybacks and dividends. Eventually large companies will start pursuing those companies that hold undeveloped reserves and require capital.
Natural gas prices are low in comparison to oil. Among the most undervalued companies: Anadarko Petroleum Corp. (NYSE: APC - News), Chesapeake Energy Corp. (NYSE: CHK - News), Apache Corp. (NYSE: APA - News), EnCana Corp. (NYSE: ECA - News) and Canadian Natural Resources Ltd. (NYSE: CNQ - News).
He's 'crazy' about oil-sands reserves, and is 'absolutely convinced' big players Suncor Energy Inc. (NYSE: SU - News) and Nexen Inc. (NYSE: NXY - News) will be acquired by big companies. "Buy some and put it in your kids' or your grandkids' account and just forget about it."
He recommends writing covered calls on cheap stocks, specifically ConocoPhillips (NYSE: COP - News) and Royal Dutch Shell .
There is a re-emergence of the master limited partnership [MLP}. Upstream companies that stand to benefit from the cost-depletion tax advantage: Linn Energy LLC (NasdaqGM: LINE), EV Energy Partners (NasdaqGS: EVEP), Kinder Morgan Energy Partners L.P. (NYSE: KMP - News), Enterprise Products Partners L.P. (NYSE: EPD - News) and Plains All American Pipeline L.P. (NYSE: PAA - News).
Oil prices: I'm in the camp that says we could easily have $80 oil this year.
Published by SeekingAlpha

Labels: APA, APC, CHK, CNQ, COP, ECA, EPD, EVEP, KMP, LINE, NXY, PAA, SU