Jim Cramer Blog

CME Group Inc. (NYSE:CME) was the S&P 500's biggest gainer on word that the Justice Department would approve CME's purchase of NYMEX, the New York Mercantile Exchange. The Short Term PowerRating for CME is 1.
Goldman Sachs (NYSE:GSblew away earnings estimates this morning before the open, having largely avoided the worst of the lending crisis that has haunted its Wall Street peers. The Short Term PowerRating for GS is 2.
FedEx (NYSE:FDX) is scheduled to report quarterly earnings Wednesday before the open. Analysts are expecting earnings of $1.47 per share. The Short Term PowerRating for FDX is 5.
Zions Bancorporation (NasdaqGS:ZION) was down more than 10% on Tuesday as a Goldman Sachs report suggested tough times for regional banks through 2009. The Short Term PowerRating for ZION is 5.
Canadian Solar (NasdaqGM:CSIQ) closed up more than 10% on news that the company was boosting its 2008 sales forecast by as much as $220 million. The Short Term PowerRating for CSIQ is 2.
In their earnings announcment Tuesday before the open, Best Buy (NYSE:BBY) topped analyst estimates by six cents per share. The Short Term PowerRating for BBY is 4.
Morgan Stanley (NYSE:MS) reports earnings tomorrow before the bell, with analysts expecting EPS of $0.92. The Short Term PowerRating for MS is 3.

Labels: BBY, CME, CSIQ, FDX, GS, Hot Stocks, ZION

The Dow fell -293.00 , the Nasdaq Composite -58.30, and the S&P 500 -32.32.
Here are 7 stocks to watch...
Morgan Stanley (NYSE:MS) reported a 42% decline in first quarter profit, but beat estimates by $0.42. MS' Short Term PowerRating is 3.
Shares of Adobe Systems (NasdaqGS:ADBE) jumped 9% after reporting earnings of $0.48, beating estimates by $0.03. ADBE's Short Term PowerRating is 4.
On its market debut, shares of Visa (NYSE:V) surged 28.4% on the NYSE. Visa's IPO was the largest in U.S. history.
Merrill Lynch (NYSE:MER) filed a lawsuit against XL Capital Assurance in an attempt to force the bond insurer to honor $3.1 billion of guarantees on CDOs. MER's Short Term PowerRating is 5.
After the close, Nike (NYSE:NKE) reported third quarter earnings of $0.92, beating estimates by $0.11. NKE's Short Term PowerRating is 5.
Before the market open, Carnival (NYSE:CCL) is expected to report earnings of $0.29 per share. CCL's Short Term PowerRating is 4.
Also before the open, FedEx (NYSE:FDX) is scheduled to report, with analysts looking for $1.22. FDX's Short Term PowerRating is 4.
Do you think FedEx will close up or down on Friday? Go to TradingMarkets.com to play our Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.

Labels: ADBE, CCL, FDX, Hot Stocks, MER, MS, NKE, V

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Nike (NYSE:NKE - News) beat earnings on Wednesday afternoon, reporting $0.71 EPS over an expected $0.66 EPS. NKE's PowerRating (for Traders) is 6.
Paychex (NasdaqGS:PAYX - News) also beat earnings on Wednesday, with $0.40 EPS over $0.39 EPS. PAYX's PowerRating (for Traders) is 5.
Bear Stearns (NYSE:BSC - News) reports quarterly earnings on Thursday morning before the bell, with traders looking for -$1.79 EPS. BCS's PowerRating (for Traders) is 5.
When Carnival (NYSE:CCL - News) announces quarterly results on Thursday before the bell, look for $0.43 EPS. CCL's PowerRating (for Traders) is 4.
FedEx (NYSE:FDX - News) is looking to report $1.50 EPS on Thursday morning. FDX's PowerRating (for Traders) is 4.
Anaylsts will be watching for Rite Aid (NYSE:RAD - News) to report -$0.07 EPS on Thursday morning before the market opens. RAD's PowerRating (for Traders) is 5.
Pier 1 Imports (NYSE:PIR - News) expects to announce -$0.24 EPS tomorrow morning. PIR's PowerRating (for Traders) is 4.

Labels: BSC, CCL, FDX, Hot Stocks, NKE, PAYX, PIR, RAD

Stocks climbed higher in afternoon trading to end a volatile week on a high note, as Wall Street did its best to absorb earnings reports, banking sector concerns, and the overall direction of the economy. The Dow was up 67 points at the bell to finish the week at 13,177. Meanwhile, the Nasdaq and S&P ended higher to close at 2,637 and 1,459, respectively. Light, sweet crude traded down on the day to close at $94.85 per barrel for December delivery. Treasury prices traded flat on the day, while gold prices advanced to close at $787.00 an ounce. The dollar dipped against the euro, but gained slightly versus the yen.
On the earnings front, shares of Starbucks (Nasdaq: SBUX - News) tumbled -3.9%, as the company cut its fiscal-year 2008 guidance and reported its first-ever decline in traffic at its U.S. stores. The warning came as the company posted a 35% jump in fourth-quarter profit. For the period, Starbucks reported net earnings of $158.5 million, or 21 cents per share, versus $117.3 million, or 15 cents per share, last year. Quarterly revenue was up to $2.44 billion, from $2 billion a year earlier. Analysts were looking for earnings of 21 cents per share on revenue of $2.43 billion. The company expects 2008 EPS to be between $1.02-$1.05, representing growth of 17-21% and down from previous earnings growth estimates of 20-22%.
Shares of Jack in the Box (NYSE: JBX - News) soared 17.3%, as the fast-food chain reported a better-than-expected fourth-quarter profit. Net income for the period came in at $27 million, or 43 cents per share, down from $33.2 million, or 46 cents per share, last year. Results reflect a 2-for-1 stock split. Revenue rose in the quarter to $678.4 million, up 5% from $648.5 million, a year ago. On average, Wall Street was expecting earnings per share of 39 cents on $684.4 million in revenue. Subscribers can read our take on Jack in the Box in today's edition.
In other corporate news, Garmin (Nasdaq: GRMN - News) announced today that it was withdrawing its bid to acquire digital map maker Tele Atlas NV, and instead signed a long-term data agreement with Navteq (NYSE: NVT - News). Garmin had previously offered $3.3 billion for Tele Atlas, but was recently outbid by rival TomTom. Shares of Garmin surged on the news, and were up 16.1% at the bell.
Shipping giant FedEx (NYSE: FDX - News) said that it was lowering its second-quarter and fiscal-year guidance, citing higher energy prices and a weaker freight sector. For Q2, the company now expects to earn $1.45-$1.55 per share, compared with previous guidance of $1.60-$1.75 per share. For the fiscal year, FedEx lowered guidance to be between $6.40-$6.70 per share, down from a range of $6.70-$7.10 per share. On average, analysts were looking for second-quarter earnings of $1.71 per share and fiscal-year 2008 earnings of $6.87 per share. FedEx's stock was off -4.5% on the day. Subscribers can read our take on FedEx in today's edition.
Elsewhere, Cisco Systems (Nasdaq: CSCO - News) upped its buyback program by an additional $10 billion, bringing the total amount now available to repurchase shares to $62 billion. The company had approximately 6.09 billion shares outstanding as of September 7th. Shares of Cisco were up 2.2% in trading.
By the BullMarket.com Staff

Labels: CSCO, FDX, GRMN, JBX, NVT, SBUX

FedEx Corp. cut its earnings expectations for the fiscal second quarter and full year amid soaring fuel costs and a troubled U.S. freight market.
The Memphis-based shipping company's shares sank more than 4 percent in morning trading.
For the second quarter ending Nov. 30, the company expects to earn $1.45 to $1.55 per share, compared with a previous forecast of $1.60 to $1.75 per share. For the fiscal year ending in May, the company forecast earnings of $6.40 to $6.70 per share, down from a prior range of $6.70 to $7.10 per share.
Analysts polled by Thomson Financial had expected the company to earn $1.71 per share for the quarter and $6.87 per share for the year.

Labels: FDX, FedEx Corporation

General Motors (GM): Hit with its first nationwide strike in 37 years, and the crew at Fast Money was focused on what it means to the market. Adami: has been consistently negative on GM and would rather own Ford (F). Macke agrees that GM is a sell, unless they take a huge hit on health care without giving job guarantees.
Online Ad Play: Microsoft (MSFT) made headlines today as rumors floated around Wall Street that the firm is planning on taking a 5% stake in Facebook.com. Kourosh Karimkhany, manager of wired digital at Conde Naste, sees Microsoft's play for Facebook as one for software development. Macke: time to get long MSFT. Najarian prefers ValueClick (VCLK) and Focus Media (FMCN). Tuesday will be a big day for Microsoft as they will release the hyped up Halo 3 game which is predicted to be the biggest selling game ever.Macke proposes investors play Halo 3 with trades in Gamestop (GME) and Activison (ATVI). He advises getting out of Sony (SNE).
Drug Trade: The UBS health care industry conference could help jump start some of the pharmaceutical and biotech stocks this week. Adami suggests Pfizer (PFE). Najarian: Myraid Genetics (MYGN) and Quest Diagnostics (DGX). Macke: Johnson & Johnson (JNJ).
Burning Down the House: The homebuilders sector was annihilated on Monday, as investors fear more bad news is on the way when the government reports existing home sales data Tuesday. Adami advises not to trade this sector unless you have to. Finerman: stay away from WCI Communities (WCI) and Hovnanian (HOV).
Chartology: Technical analysis expert Jeff DeGraaf was on the show. DeGraaf likes the technology sector right now and he thinks it will outperform in the coming months. He feels positive about tech because the sector was strong in the summer when it normally tends to trade down. DeGraaf looked at Fedex (FDX) and the chart isn't showing bullish trends. Adami: doesn't like FDX until it trades above $121 and DeGraaf agreed. DeGraaf: loves the pattern in gold and continues to be bullish longer term on the yellow metal. He would look to buy gold on pullbacks.
Word on the Street: Target (TGT) lowered same-store sales on Monday. SABMiller reported an 11% jump in beer volumes on Monday. Macke likes Molson Coors (TAP). Najarian likes BHP Billiton (BHP) and copper and gold producer Freeport McMoRan (FCX).
Alternative Energy: NRG Energy (NRG) submitted its first application for a new US nuclear reactor in 30 years. Najarian would play this news with (BHP) Billiton and Cameco (CCJ). Finerman: Flowserve (FLS) and Adami likes Fluor Corp (FLR). Macke would just play NRG Energy (NRG). Trina (TSL) traded higher 8% as solar stocks were active with a major solar conference started. Najarian likes TSL.
Pops & Drops
Pops- Crocs (CROX) traded up 9%. Adami thinks a big short was forced to cover on Monday. He would take profits on CROX.
NYSE Euronext (NYX) traded up 2% off a JP Morgan upgrade. Finerman continues to be long this stock and she feels it has more room to run higher.
Las Vegas Sands (LVS) traded up 7% off a Jeffries upgrade. Macke says time to get out.
PrimeWest Energy Trust (PWI) exploded 32% on news that Abu Dhabi National Energy Co. bought them out. Finerman hopes we keep seeing deals like this.
EMC Corporation (EMC) traded up 8% after Citigroup and Bear Stearns upgraded the name. Adami still likes it.
Drops- AMR Corp (AMR) fell 14% after revenue forecasts missed Wall Street expectations. This drop took down all the airline companies for the day.
Harman (HAR) dropped 6% after the company said profits would miss Wall Street expectations. Finerman wouldn't touch it.
Adtran (ADTN) plunged 14% after the telecom company warned on 3rd quarter earnings and revenue. Macke suggests avoiding these guys on the telecom side.
Final Trade:
Finerman: likes NYMEX (NMX)
Najarian: ValueClick (VCLK).
Adami: Pfizer (PFE) for its cheap valuation.
Macke: Short Dow30 ProShares (DOG).

Labels: ATVI, CNBC, CROX, DGX, EMC, Fast Money, FDX, FMCN, GM, GME, HOV, JNJ, MSFT, MYGN, NYX, pfe, SNE, VCLK, WCI

Najarian: the weak dollar is bullish for technology stocks, which will benefit off of global growth. Finerman: buying S&P 500 and Russell put options to hedge her portfolio.
Oil was above $83 again for the fourth record close in a row. Finerman suggests buying ConocoPhillips (COP). Najarian says to buy oil service stocks like Baker-Hughes (BHI), Halliburton (HAL) and Schlumberger (SLB).
Word on the Street
Goldman Sachs (GS): Record numbers on Thursday. Najirian would sell on the news.
FedEx (FDX): reported a 4% rise in profits, but cut forecasts. Macke thinks FedEx's problems are company-specific. He also reminded investors to never own a stock where the CEO blames the economy on a bad quarter, which FedEx did. Adami said Fed Ex isn't at the level he would buy, but it's getting close.
Oracle (ORCL): traded up after hours on strong earnings and revenue. Macke thinks Oracle is a very good company hitting on all cylinders. Adami and Najarian like the acquisitions that Oracle has made recently.
Cree (CREE) and Brightpoint (CELL): Najarian saw huge monster volume on the CREE September $35 calls and the CELL April $20 calls.
Nike (NKE): reported bullish earnings and revenues after the close on Thursday. Finerman thinks the news gives a buy signal for Brown Shoe (BWS), which sells a lot of Nike shoes. Macke disagreed. Najirian says to watch Under Armor (UA), because if they are doing well than Nike will do well.
PC Growth: Morgan Stanley raised PC growth forecasts by 4%. This adds momentum for technology stocks and will be bullish for Dell (DELL), Hewlett-Packard (HPQ), Apple (AAPL), Intel (IMTC), and AMD (AMD).
Stem Cell: Najarian says the pure play in the stem cell space is Geron (GERN). For other big caps look at Celgene (CELG), Amgen (AMGN) and AstraZeneca (AZN).
Dubai announced on Thursday a 20% stake in both the NASDAQ and London Stock Exchange. Higher oil prices have left the Gulf state flush with cash. Macke says look at Tiffany's (TIF) and Saks (SKS) and get ahead of the possibility of Dubai taking a stake in these firms. Adami says buy Fluor (FLR) and McDermott (MDR). Finerman would play the exchange names like NASDAQ (NDAQ), NYMEX (NMX), and NYSE (NYX).
POPS & DROPS
POPS: Athenahealth (ATHN), Monolithic Power Systems (MPWR), Carnival Cruise (CCL), Motorola (MOT).
Drops: CKE Restaurants (CKR), Pier One Imports (PIR), Lowe's (LOW), Infosys (INFY), Pacific Ethanol (PEIX).
Face2Face
First writer said, "Lee Raymond, the former CEO of Exxon Mobil (XOM) has said that the price of oil shouldn't be $80 per barrel. If so, perhaps there is no "real" inflation at all. Finerman disagrees with the idea that speculators can control prices in the longer term.
Another writer asked why EMC Corp (EMC) hasn't broken out of its current trading range, while VMware (VMW). Adami recalls that traders sold EMC to buy VMW, but those traders will be coming back to EMC. He expects EMC to go over $20.
Final Trade
Macke: Added to his position in Activision (ATVI).
Adami: says buy Oracle (ORCL) as long as it stays above $20.50.
Finerman: going long on BEA Systems (BEAS).
Najarian: buy Sohu.com (SOHU)

Labels: CELL, CNBC, COP, DELL, Fast Money, FDX, GS, HAL, HPQ, IMTC, Jim Cramer, NKE, ORCL, SLB

Stocks traded lower on the day following mixed earnings reports, ending the overall market's potent two-day Fed-induced rally. At the close, the Dow dropped -49 points, while the Nasdaq lost -12 points and the S&P slumped -10 points. Crude oil continued its northward movement, ending the day at yet another record, jumping $1.39 to finish at $83.32 a barrel. The price of Gold also continues to impress, adding $10.40 to end the session at $739.90 a troy ounce.
Two Wall Street investment banks reported their earnings today. Goldman Sachs (NYSE: GS - News) reported a blowout third quarter, recording net income of $2.85 billion, or $6.13 a share, up considerably from $1.59 billion, or $3.26 a share, in the same period a year ago. Revenues rose an astonishing 63% to $12.3 billion. Goldman said the strong earnings were a result of betting correctly on falling mortgages, in addition to a $900 million gain related to the disposition of Horizon Wind Energy. The street was looking for a profit of $4.35 a share on revenue of $9.57 billion. Shares have been on a tear in recent weeks, but finished the day lower by -1.0%. Subscribers can read our analysis of Goldman Sachs in today's issue.
Fellow rival Bear Stearns (NYSE: BSC - News), meanwhile, reported a -61% decline in third-quarter net income on a drop in fixed-income trading and $200 million in hedge fund losses. For the quarter, net income totaled $171.3 million, or $1.16 a share, down sharply from $437.6 million, or $3.02 a share, last year. Total revenue fell -37% to $1.64 billion. During the quarter, the company took a $700 million writedown related to the diminishing value of its mortgage and leveraged loan portfolios.
Transportation and logistical giant FedEx (NYSE: FDX - News) reported mixed news on the day. The company posted net income of $494 million, or $1.58 a share, up 4% from 2006 levels due to strong international growth. Revenues came in 8% higher to $9.2 billion, and were above analyst estimates of $9.07 billion. The overall positive quarter was dampened when the company forecasted that its current quarter will only see earnings of $1.60-$1.75 a share and that full-year earnings would be $6.70-7.10 a share, down from its previous guidance of $7.00-$7.40 a share. The company cited "uncertain economic clarity" for the lower earnings. Investors sent the shares down -2.9% on the news. Subscribers can read our analysis of FedEx in today's issue.
Electronics retailer Circuit City (NYSE: CC - News) saw its shares get clobbered -18.2% after the retailing chain posted a wider-than-expected loss for its most-recent quarter. For the second quarter, the company lost -$62.8 million, or -38 cents a share, compared to a profit of $10 million, or 6 cents a share, in the year-ago period. Sales fell to $2.6 billion from $2.8 billion last year. Same-store sales in the period fell -7.9%. The company cited a decrease in sales in addition to lower margins on TVs for its loss. The company additionally warned of further losses ahead.
In M&A news, Nasdaq Stock Market (Nasdaq: NDAQ - News) reached a deal with the Borse Dubai wherein Nasdaq will get control of Nordic markets operator OMX while giving the Dubai exchange a 20% stake in the Nasdaq. Under the terms of the proposed deal, Nasdaq will sell its 20% stake in the London Stock Exchange to Borse Dubai as well. Already, government officials announced that the deal will be heavily scrutinized. Nasdaq shares gained 1.4% on the news.
By the BullMarket.com Staff

Labels: BSC, CC, FDX, GS, NDAQ

On Wednesday the Dow closed up 76 points as the strength from the Fed rate cut continued to spill. Najarian: investors should look at the volatility in the S&P 500, which is moving back to normal. Reported unusual options activity on Cree (CREE). Could be being bought by General Electric (GE).
Macke: market bears are instant messaging him with more short ideas than any other time in his most recent memory.
Adami: Friday could be a funky day with options expiration on tap. He took a trip to the UPS Center in New York City to find out what is going on at the packaging giant. Adami likes United Parcel (UPS) for three reasons: international growth, energy hedging and union contracts. He also predicted that Fedex (FDX) will rally on Thursday and investors should sell into the strength.
Emerging Markets Trade: The iShares MSCI Emerging Markets (EEM) hit a record high on Wednesday. Their stocks around the globe shot up after the Fed cut. Tim Seymour, of Red Star Asset Management suggests investors buy Tenaris (TS). Seymour recommended Vimpel-Communications (VIP), Mobile Telesystems (MBT) and Mechel OAO (MTL) as liquidity plays.
Shoe Companies: Collective Brands (PSS) and Brown Shoe Company (BWS) have taken double digit hits. CEO of Payless and the company blamed the decline on weather and the increased demand for products out of competitor Crocs (CROX). Finerman hates when companies use weather as an excuse, but she thinks investors can buy PSS, BWS and Limited Brands (LTD).
Goldman Sachs (GS): Dick Bove, an analyst for Punk Ziegel, is the only analyst on Wall Street who is telling investors to sell GS. GS holds are overvalued with $700 billion in securities. He thinks hedge fund trading business is declining.
Word on the Street: TD Ameritrade (AMTD) and Najirian's pick: NASDAQ (NDAQ). Najarian sees no options activity in Oracle (ORCL) ahead of the quarter.
Gartman: time to get out of Suncor (SU) and all his Canadian Tar Sands plays. Instead he would get into U.S. multi-nationals like ConocoPhillips (COP).
Macke says you can buy Kellogg's (K), Kraft (KFT) and Safeway (SWY) off the strong General Mills (GIS) quarter.
Pops & Drops:
Pops: Countrywide Financial (CFC), Blackstone (BX), Fortress Investment Group, The Warnaco Group (WRNC)
Drops- Carmax (KMX), Comcast (CMSCA), Sirius Satellite Radio (SIRI) and XM Radio (XMSR)
Final Trade
Macke-Oracle (ORCL)
Adami- Goldman Sachs (GS)
Najarian- Titanium Metals (TIE)
Finerman- Play Victoria Secret with Limited Brands (LTD)

Labels: CNBC, CREE, EEM, Fast Money, FDX, GE, GS, LTD, MBT, MTL, TS, UPS, VIP

FedEx Corp. (NYSE: FDX - News) today reported earnings of $1.58 per diluted share for the first quarter ended August 31, compared to $1.53 per diluted share a year ago.
"FedEx increased its revenue and earnings against the backdrop of a sluggish U.S. economy," said Frederick W. Smith, FedEx Corp. chairman, president and chief executive officer. "Outside of the United States, the economy is generally solid, contributing to the growth in our international express shipments. I continue to believe that FedEx will, over the long-term, reap the rewards of our strategy of investing in key growth markets and strengthening and expanding our worldwide networks."
First Quarter Results
FedEx Corp. reported the following consolidated results for the first quarter:
Revenue of $9.20 billion, up 8% from $8.55 billion the previous year
Operating income of $814 million, up 4% from $784 million a year ago
Operating margin of 8.8%, down from 9.2% the previous year
Net income of $494 million, up 4% from last year's $475 million

Labels: FDX, FedEx Corporation

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Comtech Telecommunications (NasdaqGS:CMTL - News) beat earnings on Wednesday afternoon, announcing $0.63 EPS versus estimates of $0.44 EPS. CMTL's PowerRating (for Traders) is 5.
Morgan Stanley (NYSE:MS - News) fell over 2% on Wednesday after missing earnings, reporting a 7% decline in profit from last year. MS's PowerRating (for Traders) is 4.
Bear Stearns (NYSE:BSC - News) reports earnings on Thursday morning, with analysts looking for $1.78 EPS. BSC's PowerRating (for Traders) is 4.
When Carnival (NYSE:CCL - News) announces earnings on Thursday before the bell, be watching for $1.62 EPS. CCL's PowerRating (for Traders) is 4.
Circuit City NYSE:CC is expected to announce a loss of -$0.12 EPS on Thursday morning. CC's PowerRating (for Traders) is 2.
Analysts are watching for Goldman Sachs (NYSE:GS - News) to report $4.37 EPS tomorrow morning before the market opens. GS's PowerRating (for Traders) is 3.
FedEx (NYSE:FDX - News) reports earnings early tomorrow morning; watch for $1.53 EPS. FDX's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BSC, CCL, CMTL, FDX, GS, Hot Stocks, MS

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
CarMax (NYSE:KMX) should announce $0.30 EPS when the company reports on Wednesday morning. KMX's PowerRating is 5.
When Circuit City (NYSE:CC) reports quarterly earnings on Wednesday morning, be watching for -$0.32 EPS. CC's PowerRating is 5.
Analysts are watching for Commercial Metals (NYSE:CMC) to report $0.79 EPS on Wednesday morning. CMC's PowerRating is 5.
FedEx (NYSE:FDX) should report $1.98 EPS before the market opens on Wednesday. FDX's PowerRating is 4.
Watch for Morgan Stanley (NYSE:MS) to report $2.01 EPS before the bell tomorrow morning. MS's PowerRating is 6.
Access Integrated (NasdaqGM:AIXD) reports earnings on Wednesday before the bell; watch for -$0.24 EPS. AIXD does not have a PowerRating due to volume constraints.
Sonic Corporation (NasdaqGS:SONC) reports after the close on Wednesday, so watch for heightened price action and volatility ahead of the bell. SONC's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AIXD, CC, CMC, FDX, Hot Stocks, KMX, MS, SONC

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 Sterns July 160 Calls (NYSE:BSC). 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.
Goldman Sachs Jul 220 Puts (NYSE:GS). GS' 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.
Google Inc. Aug 560 Calls (NasdaqGS:GOOG). GOOG'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.
Research In Motion June 145 Puts (NasdaqGS:RIMM). RIMM's 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.
Affiliated Computer Services (NYSE:ACS). ACS' 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.
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.
FedEx (NYSE:FDX). FDX's PowerRating is 4.
Harley Davidson (NYSE:HOG). HOG's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: ACS, BSC, FDX, GOOG, GS, HOG, RIMM, stock options

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.

USANA Health Sciences July 45 Calls (NasdaqGS:USNA). USNA's PowerRating is 4.
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.
FedEx Corp. June 110 Puts (NYSE:FDX). FDX'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.
Google Inc. July 550 Calls (NasdaqGS:GOOG). GOOG's PowerRating is 3.
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.
iShares MSCI Emerging Markets Index July 120 Puts (AMEX:EEM). EEM's PowerRating is 5.
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.
Waste Management (NYSE:WMI). WMI's PowerRating is 4.
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.
Ameren Corporation (NYSE:AEE) . AEE'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.
Ryerson Inc. (NYSE:RYI). RYI's PowerRating is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AEE, EEM, FDX, GOOG, RYI, stock options, USNA, WMI

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 Under Priced 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.
iShares MSCI Emerging Markets Index Apr 120 Calls (AMEX:EEM - News). EEM's PowerRating is 5.
Most Under Priced 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.
Baidu.com Apr 95 Calls (NasdaqGM:BIDU - News). BIDU's PowerRating is 2.
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.
Sandisk May 47.5 Calls (NasdaqGS:SNDK - News). SNDK's PowerRating is 3.
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.
Google Apr 420 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating is 5.
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.
None today.
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. FedEx (NYSE:FDX - News). FDX's PowerRating is 5. Starbucks Corp. (NasdaqGS:SBUX - News). SBUX's PowerRating is 4. KBR Inc. (NYSE:KBR - News). KBR's PowerRating is not available due to less than 200 days of trading history.
PowerRatings are courtesy of TradingMarkets.com

Labels: BIDU, EEM, FDX, GOOG, KBR, SBUX, SNDK, stock options

Adobe Systems (NasdaqGS:ADBE - News) beat earnings Tuesday, with $0.30 EPS over an expected $0.29 EPS. ADBE's PowerRating is 5.
Oracle (NasdaqGS:ORCL - News) also beat earnings on Tuesday after the close. ORCL reported $0.25 EPS versus expectations for $0.22 EPS. ORCL's PowerRating is 4.
Halliburton (NYSE:HAL - News) reported in Tuesday's session that they expect first-quarter earnings to come in below analyst forecasts. HAL dropped 6% in today's session. Watch for further price deterioration.
Cintas (NasdaqGS:CTAS - News) missed earnings Tuesday afternoon reporting EPS of $0.48, while expectations were for $0.52 EPS. CTAS's PowerRating is 5.
Federal Express (NYSE:FDX - News) reports quarterly earnings on Wednesday morning before the bell, with analysts looking for $1.33 EPS. FDX's PowerRating is 5.
Morgan Stanley (NYSE:MS - News) announces earnings on Wednesday morning; watch for $1.88 EPS. MS's PowerRating is 5.
Ross Stores (NasdaqGS:ROST - News) is set to announce its quarterly report before the bell; look for $0.66 earnings per share. ROST's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: ADBE, CTAS, FDX, HAL, Hot Stocks, MS, ORCL, ROST

Stocks were little changed in tepid trading Wednesday as investors awaited the Federal Reserve's latest take on the economy, which could signal where interest rates are headed. The Dow Jones industrials slipped after two sessions of gains, while other indexes nudged higher.
While Wall Street largely expects the Fed will leave short-term interest rates unchanged at 5.25 percent, investors are eager to learn whether the central bank will reveal a shift in its assessment of the economy. The Fed has remained vigilant about the threat of inflation, which it has said remains stubbornly high. However, a softening economy could quell the threat of inflation and, some investors are hoping, open the way for a rate cut.
The Fed left interest rates unchanged at its last five meetings after a string of 17 straight increases that began in 2004.
In the first hour of trading, the Dow Jones industrial average fell 7.69, or 0.06 percent, to 12,280.41.
Broader stock indicators made modest gains. The Standard & Poor's 500 index rose 0.80, or 0.06 percent, to 1,411.74, and the Nasdaq composite index advanced 3.84, or 0.16 percent, to 2,412.05.
Bonds fell ahead of the Fed decision. The yield on the benchmark 10-year Treasury note rose to 4.59 percent from 4.55 percent late Tuesday. The dollar was mixed against other major currencies, while gold prices rose.
While most of Wall Street's attention will remain squarely on the Fed, a few key earnings reports should also draw interest. Morgan Stanley's fiscal first-quarter earnings and revenue blew past Wall Street's estimates and FedEx Corp.'s fiscal third quarter earnings came in stronger than expected but the shipping company warned profits in the coming fiscal year could fall below its expectations.
Morgan Stanley rose $2.47 ,or 3.2 percent, to $78.58, while FedEx fell $2.58, or 2.3 percent, to $109.71.
The Russell 2000 index of smaller companies fell 0.09, or 0.01 percent, to 793.51.
Overseas, stocks markets in Japan were closed for a holiday. Hong Kong's Hang Seng index rose 0.82 percent and the sometimes volatile Shanghai Composite Index rose 0.83 percent to a new record. A nearly 9 percent drop in the Shanghai index on Feb. 27 helped kick off a global selloff that shaved more than 3 percent from the major U.S. stock indexes and reintroduced volatility to an unusually calm U.S. market. The drop in Shanghai came after the ascendent index, which rose 130 percent last year, had set a string of record closes.
In afternoon trading, Britain's FTSE 100 rose 0.87 percent, Germany's DAX index rose 0.26 percent, and France's CAC-40 advanced 0.14 percent.
Published by Tim Paradis, AP Business Writer

Labels: FDX, FED, Hot Stocks, MS

FedEx Corp. (NYSE: FDX - News) today reported earnings of $1.35 per diluted share for the third quarter ended February 28, compared to $1.38 per diluted share a year ago. Third quarter results were negatively impacted by a slowing economic environment, lower fuel surcharges and severe winter storms, with the storm impact estimated to be $0.06 per diluted share. Results for the quarter also include an $0.08 per diluted share benefit from a reduction in the company's effective tax rate.
FedEx Corp. reported the following consolidated results for the third quarter:
-Revenue of $8.59 billion, up 7% from $8.00 billion the previous year
-Operating income of $641 million, down 10% from $713 million a year ago
-Operating margin of 7.5%, down from last year's 8.9%
-Net income of $420 million, down 2% from $428 million a year ago

Labels: FDX, FedEx Corporation

Here are 7 stocks for traders for Tuesday:
Adobe Systems (ADBE) beat earnings Tuesday, with $0.30 EPS over an expected $0.29 EPS. ADBE's PowerRating is 5.
Oracle (ORCL) also beat earnings on Tuesday after the close. ORCL reported $0.25 EPS versus expectations for $0.22 EPS. ORCL's PowerRating is 4.
Halliburton (