Jim Cramer Blog

The major market indices seesawed back and forth between positive and negative territory throughout the trading day before edging slightly higher following a two-day rally, as Wall Street weighed economic data and weak home sales prior to a speech by Fed Chairman Ben Bernanke tonight. The Dow posted a modest gain to close at 13,312. Meanwhile, the Nasdaq and S&P each closed fractionally higher to end at 2,668 and 1,470, respectively. Light, sweet crude rose 39 cents on the day to close at $91.01 for January delivery. Treasury prices closed higher, while gold tumbled to close at $802.30 an ounce. The dollar gained against the euro, and declined versus the yen.

On the economic front, a report from the Commerce Department showed that gross domestic product grew at an annual rate of 4.9% for the three-month period ending September 30th, its strongest growth in four years. The number was above the initial estimate of a growth rate of 3.9%. Despite the showing, the White House lowered its economic forecast for the coming year and now expects gross domestic product to grow by 2.7%. The administration's previous prediction was for a 3.1% increase. Elsewhere, a separate report from the Labor Department showed a spike in unemployment claims last week rising by 23,000 to 352,000, the highest level since February.
In earnings news, athletic clothing retailer Lululemon Athletica (Nasdaq: LULU - News) said its third-quarter profit more than tripled on earnings of $7.6 million, or 11 cents per share, versus $1.7 million, or 2 cents per share, a year earlier. Quarterly revenue jumped to $66.2 million, up from $36 million in 2006. Analysts, on average, had forecasted earnings of 8 cents per share on revenue of $63.2 million. Lululemon's stock was up 2.6% during the session.
Shares of Sears Holdings (Nasdaq: SHLD - News) were off -10.5% on the day after the company posted a sharp drop in third-quarter profit. For the period, Sears reported net income of $2 million, or 1 cent per share, down from $196 million, or $1.27 per share, a year ago. Revenue for the quarter was $11.5 billion, down -3% from $11.9 billion in 2006. On average, analysts were expecting a profit of 50 cents per share on $11.61 billion in sales. Subscribers can read our take on Sears Holdings in today's edition.
H.J. Heinz (NYSE: HNZ - News) announced a second-quarter profit of $227 million, or 71 cents per share, up 19% from $191.6 million, or 57 cents per share, last year. Quarterly revenue rose to $2.52 billion, up 13% from $2.23 billion a year earlier. Results were above analyst expectations looking for EPS of 67 cents on revenue of $2.4 billion. Shares of Heinz were up 0.7% at the bell. Subscribers can read our take on Heinz in today's edition.
In other corporate news, shares of E*Trade Financial (Nasdaq: ETFC - News) fell -8.7% in trading as the company announced it is getting a $2.5 billion cash infusion from a group lead by Citadel Investment Group. The embattled discount brokerage firm also announced that its CEO, Mitchell H. Caplan, has stepped down. E*Trade President and COO R. Jarrett Lilien will serve as interim chief until a new head is found.

By the BullMarket.com Staff

Labels: Ben Bernanke, ETFC, HNZ, LULU, Sears Holdings Corp., SHLD

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

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

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
NYMEX Holdings Dec 155 Calls (NYSE:NMX - News). NMX's PowerRating (for Traders) is 5.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Intuitive Surgical Nov 220 Puts (NasdaqGS:ISRG - News). ISRG's PowerRating (for Traders) is 4.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
United Therapeutics Nov 80 Calls (NYSE:UTHR - News). UTHR's PowerRating (for Traders) is 5.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Goldman Sachs Nov 200 Puts (NYSE:GS - News). GS's PowerRating (for Traders) is 7.
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.
DENTSPLY International (NasdaqGS:XRAY - News). XRAY's PowerRating (for Traders) 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.
Medco Health Solutions (NYSE:MHS - News). MHS's PowerRating (for Traders) is 6.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
H.J. Heinz (NYSE:HNZ - News). HNZ's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: GS, HNZ, ISRG, MHS, NMX, stock options, UTHR, XRAY

At midday, stocks were rising modestly on upbeat economic and housing data. Stocks have been less volatile this week as investors have been patient and trying to dissect what the Fed will do at its next scheduled meeting in September. Also midday, oil was trading higher on the day.
In economic news, the Commerce Department said that Durable Good orders gained more than forecast in July. For the month, orders climbed 5.9%, the biggest gain since September. Today's figure came after a revised 1.9% the prior month. Excluding transportation equipment, orders rose 3.7%, the most in nearly two years. In the housing side of the economic picture, sales of new homes increased 2.8% in July to a seasonally adjusted rate of 870,000. Inventory of homes fell -1%, the fourth-straight month it has fallen. The median price of a home in the U.S. was $239.500, up 0.6% from last year's measure.
To end the week, several companies reported quarterly earnings, among them number-two burger giant Burger King (NYSE: BKC - News). For the quarter ended June 30th, the company reported earnings of $36 million, or 26 cents a share, up from a year-ago loss of -$10 million, or -8 cents a share. Excluding items from both those quarters, it earned $40 million, or 29 cents a share, up from $25 million, or 18 cents a share, in 2006. Analysts on average were looking for EPS of 27 cents. Sales hit $590 million, up from $533 million last year. Same-store sales increased 4.4% worldwide, with the U.S. and Canada showing growth of 4.8%. The company attributed the strong quarter to increased sales in its breakfast and late-night operations in the U.S. and Canada.
Continuing on the food theme, ketchup maker H.J. Heinz (NYSE: HNZ - News) said its first-quarter earnings grew 6%. For the quarter, the company posted net income of $205.3 million, or 63 cents a share, up from $194.1 million, or 58 cents a share, in the same period a year ago. Sales climbed 9% to $2.25 billion on double-digit growth in ketchup, beans, and soups. Its earnings came in line with what the street was forecasting. It also increased its full-year EPS outlook to the top of its range of $2.54-2.60.
Over in the tech world, embattled chipmaker Marvell Tech (Nasdaq: MRVL - News) posted a loss of -$56.5 million, or -10 cents a share, compared to a profit of $44.9 million, or 7 cents a share, last year. Excluding stock-based compensation, it would have earned 6 cents a share, in line with what analysts were expecting. Sales rose 14% to $656.7 million on increased sales of its communications and wireless network chips. Costs, meanwhile, surged, as R&D expenses increased 55% and SG&A costs rose 71% from year-ago levels.
In corporate M&A news, the nation's largest home improvement retailer, Home Depot (NYSE: HD - News), said it may cut its sale of its HD Supply unit by as much as $1 billion in an effort to salvage the deal. The deal, which was announced last quarter for $10.3 billion, is in jeopardy as its buyers, private equity groups Bain Capital; The Carlyle Group; and Clayton, Dubilier & Rice, are seeking price cuts. The financers on the deal, which include three top Wall St. banks, are seeking price cuts as well as they are hesitant to finance the mega-billion dollar deal in the current debt market environment.

Labels: BKC, HD, HNZ, MRVL

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Aeropostale (NYSE:ARO - News) beat earnings on Thursday afternoon, reporting $0.19 EPS over an expected $0.18 EPS. ARO's PowerRating (for Traders) is 4.

bebe stores (NasdaqGS:BEBE - News) also beat earnings on Thursday, with $0.21 EPS over a consensus of $0.21 EPS. BEBE's PowerRating (for Traders) is 4.
Brocade (NasdaqGS:BRCD - News) beat analysts expectations, announcing $0.13 EPS over $0.11 EPS. BRCD's PowerRating (for Traders) is 3.
AnnTaylor (NYSE:ANN - News) reports earnings on Friday before the bell, with analysts looking for $0.48 EPS. ANN's PowerRating (for Traders) is 3.
Burger King (NYSE:BKC - News) should announce $0.27 EPS on Friday morning before the market opens. BKC's PowerRating (for Traders) is 4.
HJ Heinz (NYSE:HNZ - News) is expected to report $0.63 EPS on Friday before the bell. HNZ's PowerRating (for Traders) is 4.
Gamestop (NYSE:GME - News) rose over 10% on Thursday, after the company announced a seven-fold increase in Q2, easily besting any analyst expectations. GME's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ANN, ARO, BEBE, BKC, BRCD, GME, HNZ, Hot Stocks

Stocks went on another roller-coaster ride today as earlier gains were wiped out and selling increased into the close. At the end of the session, the Dow lost -167 points, while the Nasdaq dropped -40 points. The S&P, meanwhile, lost 20 points, or -1.4% of its value. Continued fears of a meltdown in credit markets persisted along with increased selling on the part of institutions. Treasuries rose on the session, with the benchmark 10-year note yielding 4.71%. Over in the energy pits, crude oil rose 95 cents to finish at $73.33 a barrel.
In economic news today, the Labor Department reported that consumer prices in the U.S. rose 0.1% in July, which represents the smallest gain in the past 8 months. Energy prices fell -1% as gasoline prices dipped -1.7%. Food prices, on the other hand, rose 0.3%. Elsewhere, capacity utilization, which measures the proportion of plants currently in use, grew to 81.9% from 81.8% in June. Production rose 0.3% in the month. Over in the housing market, the National Association of Home Builders reported that confidence among homebuilders fell to 22 from 24 in July. A reading below 50 means that the participants view the conditions as poor. It was the lowest reading in 16 years.
The nation's largest home lender Countrywide Financial (NYSE: CFC - News) fell -13.0% after Merrill Lynch reduced its rating on the company to "sell." The brokerage raised the possibility of bankruptcy due to increased fear of further credit turmoil in the mortgage market. Elsewhere in the mortgage business, shares of Thornburg Mortgage (NYSE: TMA - News) surged 38.8% after its COO stated that although the company is going through "extreme difficulties," he feels that the firm will begin to comeback in a very positive way. On Tuesday, the shares fell -47% after it delayed a dividend payment due to the company receiving margin calls.
In earnings news, shares of farm equipment maker Deere & Company (NYSE: DE - News) rose 3.0% after its third-quarter earnings results topped analyst estimates due to increased overseas sales. For the quarter, net income rose 23% to $537.2 million, or $2.37 a share, up from $436 million, or $1.85 a share, in the same period last year. Revenues rose 6% to $6.63 billion. The company now expects full-year profits to hit $1.7 billion, up from $1.6 billion in its earlier forecast. The street was expecting a profit of $1.6 billion.
Ketchup maker Heinz (NYSE: HNZ - News) told investors today that its fiscal first-quarter earnings should exceed estimates. It's predicting earnings of 62-63 cents a share with sales growth of 9%. Analysts on average were looking for earnings of 55 cents a share. It now sees full-year EPS of $2.54-2.60; analysts were expecting $2.59. The stock climbed 2.8%.
By the BullMarket.com Staff

Labels: CFC, DE, HNZ, TMA

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Chico's FAS (NYSE:CHS) beat earnings on Wednesday afternoon, with $0.28 EPS over a consensus of $0.26 EPS. CHS's PowerRating is 5.
Payless ShoesSource (NYSE:PSS) beat earnings on Wednesday after the close, announcing $0.65 EPS over an expected $0.58 EPS. PSS's PowerRating is 5.
Big Lots (NYSE:BIG) announces earnings on Thursday before the market opens; watch for $0.20 EPS. BIG's PowerRating is 4.
Costco (NasdaqGS:COST) reports quarterly earnings on Thursday before the bell, with analysts looking for $0.56 EPS. COST's PowerRating is 5.
When Genesco (NYSE:GCO) announces earnings before the market opens on Thursday, be looking for $0.26 EPS. GCO's PowerRating is 3.
HJ Heinz (NYSE:HNZ) should report $0.55 EPS on Thursday morning. HNZ's PowerRating is 5.
Analysts are watching for Jackson Hewitt (NYSE:JTX) to report $1.93 EPS before the market opens on Thursday. JTX's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: BIG, CHS, COST, GCO, HNZ, Hot Stocks, JTX, PSS

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Chico's FAS (NYSE:CHS - News) beat earnings on Wednesday afternoon, with $0.28 EPS over a consensus of $0.26 EPS. CHS's PowerRating is 5.
Payless ShoesSource (NYSE:PSS - News) beat earnings on Wednesday after the close, announcing $0.65 EPS over an expected $0.58 EPS. PSS's PowerRating is 5.
Big Lots (NYSE:BIG - News) announces earnings on Thursday before the market opens; watch for $0.20 EPS. BIG's PowerRating is 4.
Costco (NasdaqGS:COST - News) reports quarterly earnings on Thursday before the bell, with analysts looking for $0.56 EPS. COST's PowerRating is 5.
When Genesco (NYSE:GCO - News) announces earnings before the market opens on Thursday, be looking for $0.26 EPS. GCO's PowerRating is 3.
HJ Heinz (NYSE:HNZ - News) should report $0.55 EPS on Thursday morning. HNZ's PowerRating is 5.
Analysts are watching for Jackson Hewitt (NYSE:JTX - News) to report $1.93 EPS before the market opens on Thursday. JTX's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: BIG, CHS, COST, GCO, HNZ, Hot Stocks, JTX, PSS

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Columbus McKinnon (NasdaqGM:CMCO) reports earnings Tuesday morning, with analysts looking for $0.48 EPS. CMCO's PowerRating is 4.
HJ Heinz (NYSE:HNZ) is expected to announce $0.55 EPS before the market opens on Tuesday. HNZ's PowerRating is 5.
When Suntech Power (NYSE:STP) announces earnings before the bell on Tuesday, look for $0.20 EPS. STP's PowerRating is 6.
A number of large companies report on Tuesday after the market closes, so watch for heightened volatility and price action in these stocks. Stocks reporting Tuesday afternoon include: BMC Software (NYSE:BMC), Coldwater Creek (NasdaqGS:CWTR), Phillips-Van Heusen (NYSE:PVH) and Verifone (NYSE:PAY). BMC's PowerRating is 5, CWTR's PowerRating is 4, PVH's PowerRating is 5 and PAY's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: BMC, CMCO, CWTR, HNZ, PAY, PVH, STP

The Best of Texas: J.C. Penney (NYSE: JCP - News), Transocean (NYSE: RIG - News), XTO Energy (NYSE: XTO - News) and Temple-Inland (NYSE: TIN - News)
For Cramer's Back to School show at McCombs School of Business at the University of Texas at Austin, Cramer discussed his four favorite Texan stocks. First was JCP, "the best and most consistent retailer in the country," which has been unfairly "hammered" after executives admitted the product mix needed alteration. Second was RIG, the "biggest and among the cheapest" drillers which lacks exposure to the weak markets in the Gulf of Mexico and Canada but has the freedom to raise rates because of intense demand. Cramer also mentioned XTO which he would buy aggressively because it uses reserves efficiently and knows how to trade oil. In addition, XTO has 12% reserve growth, unlike other oil stocks. Cramer's favorite Texan pick is TIN which, aided by Carl Icahn's influence, is finally going to break up and is due for "27 points of upside." Cramer would buy any of these stocks "right here, right now."
Any Questions: Cisco (NasdaqGS: CSCO), Dell (NasdaqGS: DELL), Hewlett- Packard (NYSE: HPQ - News), ITT Corporation (NYSE: ITT - News)
While Cramer thought one student's question about Cisco was challenging, since the stock has moved from $18 to $29, he answered, "When you have a best in show stock like CSCO, you can't give it up." He recommended holding Cisco and buying more if it fell below $25. While Cramer says he respects Michael Dell, he adds the fundamentals of the industry have changed and others have stolen Dell's model; "Fabulous company, not a great stock." While Cramer likes water pumping as a concept, he doesn't see how a company like ITT can make money.
CEO Interview: William R. Johnson, HJ Heinz (NYSE: HNZ - News)
Cramer invited McCombs School of Business alumnus, William R. Johnson, onto the show and asked whether HNZ is a good defensive play or whether the Chinese and Japanese are going to put their ketchup brands on the table. "No, we have our bottles on their tables," said Johnson. When asked if the company was nervous about shareholder like Nelson Peltz showing up unexpectedly, Johnson replied that it is natural to resist a boss when the company's many "bosses" are their consumers, but added, "It's a normal resistance, but it's a mistake because these guys do bring value." He also identified "innovation" as the HNZ's theme and Cramer gave the company a triple buy, commenting Heinz "defines the most defensive business possible."
Pitching to Cramer: Schlumberger (NYSE: SLB - News), Broadcom (NasdaqGS: BRCM), Wal-Mart (NYSE: WMT - News)
Students from McComb's MBA Investment Fund pitched their stocks to Cramer. The first student touted SLB as a value pick, which was down but would come back on macroeconomic trends and the high price of oil. Cramer commented the student was "dead right," and while the stock isn't cheap "sometimes you've got to pay a premium for a great stock ... I would buy it aggressively." A second student liked BRCM because of its diverse product portfolio, accelerated revenue growth and improved inventory management. She added its options backdating problems are behind it, because of its clean balance sheet. While Cramer agreed with her fundamental analysis, he would put BRCM on hold until August because he doesn't like tech here. A third student said Wal-Mart management is "finally focused on what it needs to do" and is a stock people will be satisfied with in 12 to 18 months. While Cramer has been bearish on WMT, he told the student he would visit three Wal-Mart stores in 72 hours before makng a decision.
Published by SeekingAlpha

Labels: HNZ, HPQ, ITT, JCP, Jim Cramer, Mad Money, RIG, SLB, TIN, WMT, XTO

IndyMac Bancorp (NYSE: NDE - News): No news is bad news in the case of NDE, according to Cramer who comments that selling isn't done until a subprime lending company goes under. He suspects NDE wants to pretend everything is fine, and the fact that NDE hasn't announced its dividends are suspended or hasn't given any indication of its financials is a special code for "We don't have a clue what's going on, but we'll let you know when we're out of business."
T. Rowe Price (NasdaqGS: TROW), Polo Ralph Lauren (NYSE: RL - News), Alliant Techsystems (NYSE: ATK - News), Coke (NYSE: KO - News) and Heinz (NYSE: HNZ - News): Cramer suggests being on the lookout for companies like TROW, RL, ATK, KO and HNZ which yield substantial dividends, and he notes that all of them, particularly ATK and HNZ, had really strong quarters. He also likes the fact that Coke recieved three upgrades in the last two weeks, but despairs of Wall Street's indifference.
IAC/InterActiveCorp (NasdaqGS: IACI): CEO Barry Diller has been buying back stock at $37 and $38 and is putting billions of dollars to work, comments Cramer; "but they still sell it below where he wants to buy it. I call that stupid."

Labels: ATK, HNZ, Jim Cramer, Jim Cramer's Stop Trading, KO, NDE, RL

Heinz (NYSE: HNZ - News), Procter & Gamble (NYSE: PG - News), Bristol Myers (NYSE: BMY - News), Clorox (NYSE: CLX - News), Colgate (NYSE: CL - News)
Cramer says that defensive stocks like HNZ, PG, BMY, CLX, and CL "make sense here" because you can be "short-term bearish within a long-term bullish environment." When Gregg Greenberg commented on risks of the yen carry trade, Cramer responded the yen carry trade has been going on for ages, there are times when it uwinds; "This is all business as usual within the context that it's very easy to scare people," Cramer said. "This is noise." He went on to say he can't find anything positive about tech, and noted commodities and gold are going down. Cramer predicts a disaster and a crisis before the Fed cut, and investing in soft goods and diversifiying are the only ways to weather the storm; "Nothing else is going to work."

Labels: BMY, CL, CLX, HNZ, Jim Cramer, PG, Wall Street Confidential

Stay Calm: Heinz (NYSE: HNZ - News), AT & T (NYSE: T - News)
There is a lot of panic selling going on, noted Cramer who urged investors against jumping on the bearish bandwagon, but instead suggested bargain hunting. Heinz's 71 cent drop was not an indication of something afoul with its ketchup, but was simply a sign that investors were "scared and wanted to unload anything," he said. Not all stocks that get hammered deserve their fate, and Cramer remarked "I never made a dime by panicking." Cramer says not to make a move when fearful since "panic loses people fortunes" but instead the best strategy is to list and research stocks and to set target prices. This will help ensure rational moves instead of reactions "at the end of a rough trading day when your gut is telling you the sky is falling." One rational move Cramer would make is to buy AT & T while it is still cheap.
On Not Making Friends but Influencing People: Starbucks (NasdaqGS: SBUX)
Cramer resisted the temptation to make friends with SBUX founder and chairman Howard Schultz when he appeared on Mad Money and advised viewers against buying the stock short-term. Now, SBUX has fallen 10% and its growth is decelerating. Although he admits it may be a long-term story, Cramer says SBUX is now too expensive and won't lose its "sell" rating until it goes from $30.39 to $27.
CEO Interview: Stephen Romano, American Ecology (NasdaqGM: ECOL)
Stephen Romano commented that business is good; "Our new contract in Pennsylvania is a cleanup of radioactive materials from processing uranium and thorium. This is what we excel at." He added, "Arguably, the nuclear industry is the most heavily regulated industry in the U.S. It is good for our business." Finally, he commented on the company's high dividend and strong growth prospects. Cramer said he approved of buying the stock.
Published By SeekingAlpha

Labels: ECOL, HNZ, Jim Cramer, Mad Money, SBUX, T

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Focus Media (NasdaqGM:FMCN - News) beat earnings Monday afternoon, announcing $0.64 EPS over an expected $0.63 EPS. FMCN's PowerRating is 5.
Cogent (NasdaqGS:COGT - News) missed earnings on Monday after the bell; analysts expected $0.15 EPS, but the company announced $0.14 EPS. COGT's PowerRating is 4.
Target (NYSE:TGT - News) announces earnings on Tuesday before the bell, with analysts looking for $1.27 EPS. TGT's PowerRating is 6.
El Paso (NYSE:EP - News) should report $0.19 EPS on Tuesday before the market opens. EP's PowerRating is 6.
When Federated Department Stores (NYSE:FD - News) reports quarterly earnings Tuesday morning, watch for $1.57 EPS. FD's PowerRating is 6.
Analysts are watching for Harrah's Entertainment (NYSE:HET - News) to report $0.65 EPS on Tuesday before the market opens. HET's PowerRating is 6.
Heinz (NYSE:HNZ - News) is looking to report $0.61 EPS tomorrow morning. HNZ's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: COGT, EP, FD, FMCN, HET, HNZ, Hot Stocks, TGT

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Anheuser-Busch (NYSE:BUD - News). BUD's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
Cincinnati Bell (NYSE:CBB - News). CBB's PowerRating is 7.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Entertainment Properties (NYSE:EPR - News). EPR's PowerRating is 7.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
H.J. Heinz (NYSE:HNZ - News). HNZ's PowerRating is 6.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
SLM Corp (NYSE:SLM - News). SLM's PowerRating is 4.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Keystone Automotive (NASDAQ:KEYS - News). KEYS's PowerRating is 2.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order to qualify as a "Trading Window" candidate, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average.
NCR Corp (NYSE:NCR - News). NCR's PowerRating is 4.

Labels: BUD, CBB, EPR, HNZ, Hot Stocks, KEYS, NCR, SLM

Here are 7 stocks to watch for today. This list comes directly from the TradingMarkets Stocks Indicators page.
Stocks Ready to Surge: These are the stocks that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals.
Anheuser-Busch (NYSE:BUD - News). BUD's PowerRating is 6.
Low-Priced Stocks Ready to Surge: These are the stocks under $10/share that today made new 10-day lows that are still in an uptrend as they are trading above their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term upside reversals. Please note: All stocks carry risk and low-priced stocks usually come with even more risk. Always use caution.
Cincinnati Bell (NYSE:CBB - News). CBB's PowerRating is 7.
Pullbacks from Highs: Most successful momentum-based traders and money managers like to buy strong stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 30 (in weak or choppy markets there will be fewer) of the strongest stocks that have pulled back from recent highs. These stocks should be considered potential candidates to resume their longer-term up trends.
Entertainment Properties (NYSE:EPR - News). EPR's PowerRating is 7.
Long Windows Candidates: These are stocks which are in a strong uptrend, as determined by a proprietary trend filter and whose current bar has its high below the 4-day moving average. Historically, these stock on average have had a larger than normal short-term upside reversals. In order to qualify as a "Trading Window" candidate, we must have a 10-period ADX reading of 30 or higher and a +DI reading above the -DI reading. Or we must have a 14-period +DI of 30 or higher (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its high of the day below the 4-period moving average.
H.J. Heinz (NYSE:HNZ - News). HNZ's PowerRating is 6.
Stocks Ready to Drop: These are the stocks that today made new 10-day highs that are still in an downtrend as they are trading below their 200-day moving average. They are sorted in rank according to how over-extended they are vs. their 10-day moving average. For example, the top ranked stock is trading the furthest distance from its 10-day moving average on a percentage basis. Historically, these stocks on average have had larger than normal short-term downside reversals.
SLM Corp (NYSE:SLM - News). SLM's PowerRating is 4.
Pullbacks from Lows: Most successful momentum-based traders and money managers like to sell weak stocks after they pull back. TradingMarkets.com uses a proprietary mathematical model to identify up to 20 (in strong or choppy markets there will be fewer) weak stocks that have pulled back from recent lows. These stocks should be considered potential candidates to resume their longer-term downtrends.
Keystone Automotive (NASDAQ:KEYS - News). KEYS's PowerRating is 2.
Short Windows Candidates: These are stocks which are in a strong downtrend, as determined by a proprietary trend filter and whose current bar has its low above the 4-day moving average. Historically, these stock on average have had a larger than normal short-term downside reversals. In order to qualify as a "Trading Window" candidate, the 10-period ADX must be 30 or higher and the -DI must be greater than the +DI. Or we must have a 14-period -DI reading of above 30 (with no ADX reading required). "Single Windows" are the most common type of Windows. They are simply a single bar which has its low of the day above the 4-period moving average.
NCR Corp (NYSE:NCR - News). NCR's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: BUD, CBB, EPR, HNZ, Hot Stocks, KEYS, NCR, SLM

H.J. Heinz Co., which makes ketchup and a range of other foods, said Thursday its fiscal second-quarter profit slipped 6 percent, reflecting a higher tax rate and the impact of discontinued operations.
But the Pittsburgh-based company said revenue grew by about 3.5 percent, led by U.S. ketchup sales, and that it had raised its fiscal 2007 earnings outlook.
Heinz's chairman, president and chief executive, William R. Johnson, said the results showed the effects of a growth plan introduced June 1, when Heinz was embroiled in a proxy fight with dissident investors led by billionaire Nelson Peltz.

Labels: H.J. Heinz Co., HNZ

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
DSW (NYSE:DSW - News) beat earnings on Wednesday after the close, with $0.36 EPS vs an expected $0.26 EPS. DSW's PowerRating is 7.
Synopsys (NASDAQ:SNPS - News) beat earnings after the bell Wednesday, announcing $0.21 EPS vs an expected $0.19 EPS. SNPS's PowerRating is 7.
Brown-Forman reports earnings before the bell on Thursday; look for $0.98 EPS. BF's PowerRating is 5.
Del Monte (NYSE:DLM - News) announces quarterly earnings before the open Thursday; analysts expect $0.14 EPS. DLM's PowerRating is 5.
HJ Heinz (NYSE:HNZ - News) reports Thursday morning, with analysts looking for $0.60 EPS. HNZ's PowerRating is 6.
Expect $0.46 EPS when Smithfield Foods (NYSE:SFD - News) reports Thursday morning. SFD's PowerRating is 4.
When Vimpel Communications (NYSE:VIP - News) reports quarterly earnings Thursday before the open, expect $1.05 EPS. VIP's PowerRating is 6.
PowerRatings are courtesy of PowerRatings.net

Labels: DLM, HNZ, SFD, SNPS, VIP