Jim Cramer Blog

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.
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.
Diana Shipping (NYSE:DSX - News). DSX's PowerRating (for Traders) is 6.
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.
Wynn Resorts (NasdaqGS:WYNN - News). WYNN's PowerRating (for Traders) is 8.
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.
Research In Motion (NasdaqGS:RIMM - News). RIMM's PowerRating (for Traders) is 7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Jamba (NasdaqGM:JMBA - News). JMBA's PowerRating (for Traders) is 2.
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.
Genesco (NYSE:GCO - News). GCO's PowerRating (for Traders) is 1.
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.
Dillard's (NYSE:DDS - News). DDS's PowerRating (for Traders) is 3.
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.
Fannie Mae (NYSE:FNM - News). FNM's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: DDS, DSX, FNM, GCO, Hot Stocks, JMBA, RIMM, WYNN

Stocks slid for the second-straight session as investors remain cautious prior to next week's Federal Reserve meeting. The Dow was off -66 points on the day to close at 13,249. Meanwhile, the Nasdaq and S&P both closed lower to end at 2,620 and 1,463, respectively. Oil prices were down in trading with light, sweet crude settling at $88.32 per barrel. Treasury prices dipped on the day, while gold prices rose to settle at $807.60 an ounce for February delivery. The dollar declined against the euro and the yen.
On the earnings front, auto parts marker Autozone (NYSE: AZO - News) posted first-quarter net income of $132.5 million, or $2.02 per share, up 7% from $123.9 million, or $1.73 per share, last year. Quarterly revenue climbed to $1.46 billion, up 5% from $1.39 billion a year earlier. On average, analysts were looking for a profit of $1.91 per share on $1.44 billion in revenue. Autozone's stock was up 19.4% at the bell.
In corporate news, juice maker Jamba (Nasdaq: JMBA - News) announced today that it is partnering with the U.S. division of Nestle S.A. to develop and distribute a line of ready-to-drink beverages under the Jamba brand name. The company, which produces the Jamba Juice fruit drink, said the new line will include both smoothies and juices and will launch in the U.S. during the second-quarter of next year. Shares of Jamba surged 9.1% on the day.
Elsewhere, shares of Nokia (NYSE: NOK - News) were off -3.3% at the bell after the company's financial outlook for the next two years failed to inspire analysts. Nokia said it sees "very slight growth" in the network sector overall and predicted operating margins would reach 16%-17% within the next two years versus its previous forecast of 15% last November.
Meanwhile, shares of Delta (NYSE: DAL - News) fell -4.9% on the day after the airline said it would freeze hiring in certain areas in an effort to cut costs. The company said the move is aimed at combating higher fuel prices that will likely lead to weaker fourth-quarter results.
By the BullMarket.com Staff

Labels: AZO, DAL, JMBA, NOK

Bullish:
Global Industries (GLBL) – Cramer will not walk away from.
Transocean (RIG) – Is really behind.
Trico Marine (TRMA) – Is not bad.
Core Labs (CLB) – Nothing is better.
FMC (FMC) – Likes as well.
Compellent Tech (CML) – Reminds Cramer of a “mini- VMware.
VMWare (VMW)
Oilsands Quest (BQI) – With the right tax regime in Alberta, there would be some pin action up there.
Novagold (NG) – Could become the depositor of an incredible amount of cheap gold.

Bearish:
Jones Soda (JSDA)- Says no. Sell Jones.
Jamba (JMBA) - Sell
Hansen (HANS) - Sell
Radian Group (RDN) – Does not believe they can raise the capital they need.
Fannie Mae (FNM) – Cramer can not get behind.
Rediff.com (REDF) – Another Baidu.
Countrywide (CFC) – Does not like. Would buy Wells Fargo.
AIG (AIG) – Sell sell sell.
Home Depot (HD) – Rather be in Lowes.
Level 3 (LVLT) – Can’t get CEO on the show.
Old National Bank (ONB) – People are not buying these banks right now.
Superior Offshore (DEEP) – Sticking with Transocean.

Labels: BQI, CLB, CML, DEEP, FMC, GLBL, HANS, HD, Jim Cramer, JMBA, JSDA, Lightning Round, LVLT, Mad Money, NG, ONB, RDN, RIG, TRMA, VMW

Bullish Calls:

Macy's (NYSE: M - News): 'I am still banking with Terry Lundgren. I am not running away. I think the company, at $40 bucks, represents good value. 'Nike (NYSE: NKE - News): ' ... that looks like it's going to break through $60 next week.'Under Armour (NYSE: UA - News): 'I prefer Under Armour (to Crocs) here.'Coca-Cola (NYSE: KO - News): 'If I'm going to buy a soda company, I'm going to buy Coca-Cola.'Intel (NasdaqGS: INTC - News): 'The quarter's fine. You can't get excited about it. The stock will percolate higher.'Centex (NYSE: CTX - News): 'The only one that seemed to have stopped building homes before it got really crucial and horrible was Centex. If you insist on bottom-fishing in the group, I want you in CTX.'AT&T (NYSE: T - News): 'You do not sell T.'Verizon (NYSE: VZ - News)Foster Wheeler (NasdaqGS: FWLT - News): 'Buy FWLT on the way down. That's how I would play it.'Gildan Activewear (NYSE: GIL - News): ' ... has tremendous momentum. It remains one of my favorite stocks. I want to own it. I want to hold it. I say that, down to $32, is a real buy.'Nastech Pharmaceuticals (NasdaqGM: NSTK - News): ' ... had two patents today. One on obesity. This is our favorite spec of the year now in biotech. $12.96. If you pay more than $13, you're wrong. I think it's the most exciting stock out there.'
Bearish calls:
Jamba (NasdaqGM: JMBA - News): 'I know it's got great buzz. That's not enough for me anymore. Not after the Jones Soda come down... I'm not playing!'Crocs (NasdaqGS: CROX - News): 'I think the near-term move has been made and I prefer Under Armour here.'DR Horton (NYSE: DHI - News)Toll Brothers (NYSE: TOL - News)Lennar (NYSE: LEN - News)Alcan (NYSE: AL - News)

Published By SeekingAlpha

Labels: AL, CROX, CTX, FWLT, GIL, INTC, Jim Cramer, JMBA, KO, LEN, Lightning Round, M, Mad Money, NKE, NSTK, TOL, UA, VZ

Juice and smoothie chain operator Jamba Inc. on Wednesday said net income for the 16-week period ended Oct. 17 fell nearly 24 percent as the company expanded.
Net income fell to $3.8 million from $4.9 million last year. Revenue grew to $95.2 million, from $84.8 million, lifted by income from new stores.
Jamba Juice opened 12 company-owned stores and 6 franchises during the period.
Cost of sales grew 34 percent to $32.7 million, mainly due to higher commodity costs and higher occupancy costs related to new store unit growth.

Labels: Jamba Inc., JMBA