Jim Cramer Blog

Warning that selling in the stock was "overdone", Goldman Sachs (NYSE:GS) suggested that Apple (NasdaqGS:AAPL) should reach $145 per share over the intermediate term. The Short Term PowerRating for GS is 5. The Short Term PowerRating for AAPL is 7.
Representative of the bullishness in tech stocks on Tuesday, Research in Motion (NasdaqGS:RIMM) gained more than 10%, largely retracing Monday's losses. The Short Term PowerRating for RIMM is 7.
Gapping down more than 9 points on the open, shares of Wachovia (NYSE:WB) nevertheless rallied all day on Tuesday, finishing the session up more than 90%. The Short Term PowerRating for WB is 6.
Huntsman (NYSE:HUN) soared by more than 70% on news that a judge had ordered Hexion Specialty Chemical Company to honor a $6.5 billion buyout agreement to purchase the chemical company. The Short Term PowerRating for HUN is 4.
Bank of America (NYSE:BAC) was one of the few Dow stocks to have a positive September. BAC was up more than 15% on Tuesday. The Short Term PowerRating for BAC is 4.
Shares of Sovereign Bank (NYSE:SOV) soared by more than 80% on news that the savings and loan was replacing its CEO. The Short Term PowerRating for SOV is 5.

Labels: APPL, Apple Inc., BAC, Goldman Sachs Group Inc., GS, HUN, RIMM, SOV, Stocks to Watch, Wachovia, WB

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
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.
Autodesk (NasdaqGS:ADSK - News). ADSK's PowerRating (for Traders) 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.
DPL Incorporated (NYSE:DPL - News) & Wright Medical (NasdaqGS:WMGI - News). DPL's PowerRating (for Traders) is 7, and WMGI'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.
Telephone & Data Systems (NYSE:TDS - News). TDS'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.
Huntsman Corporation (NYSE:HUN - News). HUN's PowerRating (for Traders) is 7.
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.
Hansen Medical (NasdaqGM:HNSN - News). HNSN's PowerRating (for Traders) is 9.
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.
Sotheby's Holdings (NYSE:BID - News). BID's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: ADSK, bid, DPL, HNSN, HUN, TDS, Trading Ideas, WMGI

Symbol
Name
Last Trade
Change
Volume
Related Info
VMSI
VENTANA MED SYSTEM
76.37 3:04PM ET
24.63 (47.60%)
6,227,583

HUN
HUNTSMAN CORPORATION
24.22 2:59PM ET
5.32 (28.15%)
18,838,037

DSTIZ
DAYSTAR TECHNOLOGIES
1.35 2:59PM ET
0.24 (21.62%)
488,888

SNS
THE STEAK N SHAKE CO
16.97 2:58PM ET
2.19 (14.82%)
1,043,700

KEQU
KEWAUNEE SCIENTIFI
13.74 3:03PM ET
2.09 (17.89%)
267,200

EAS
ENERGY EAST CP
26.25 2:58PM ET
3.71 (16.46%)
7,491,100

ALAN
ALANCO TECH INC
2.27 3:02PM ET
0.19 (9.13%)
83,361


SOLF
SOLARFUN POWER HOLDI
10.57 3:03PM ET
0.88 (9.08%)
1,291,916

HOKU
HOKU SCIENTIFIC, INC
11.88 3:04PM ET
1.14 (10.62%)
20,358,285
XTNT
XTENT INC
10.25 3:03PM ET
1.01 (10.93%)
139,279

ARTLP
ARISTOTLE CP PFD I
9.23 9:30AM ET
0.89 (10.67%)
1,000

ASTI
ASCENT SOLAR TECH
8.95 3:04PM ET
0.88 (10.91%)
1,856,424

GLDDW
GRT LKS DRG DK WTS
4.18 3:02PM ET
0.38 (10.00%)
20,300

TKO
TELKONET INC
1.84 2:52PM ET
0.17 (10.13%)
183,900

AMSWA
AMER SOFTWARE INC
11.25 3:03PM ET
0.95 (9.22%)
397,759
KUN
CHINA SHENGHUO PHARM
5.25 2:09PM ET
0.24 (4.79%)
14,500

ECHO
ELECTRONIC CLEARING
12.92 2:58PM ET
0.66 (5.38%)
44,566
TRBN
TRUBION PHARMACEUTIC
20.84 3:03PM ET
1.73 (9.05%)
23,452

EMS
EMERGENCY MED SVCS
38.67 2:57PM ET
2.32 (6.38%)
117,000

Labels: ALAN, AMSWA, ARTLP, ASTI, DSTIZ, EAS, ECHO, EMS, GLDDW, HOKU, HUN, KEQU, KUN, SNS, SOLF, TKO, TRBN, VMSI, XTNT