Jim Cramer Blog

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
Our research shows that stocks exhibiting this price behavior, while trading above their 200-day moving average, have on average, shown positive returns 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge. To learn more about our research into stocks exhibiting this type of behavior, go to TradingMarkets.com.
Gaps Down 5% or More: Dril-Quip (NYSE:DRQ - News). DRQ's PowerRating is 6.
Laps Down 5% or More: Apex Silver Mines (AMEX:SIL - News). SIL's PowerRating is 7.
5+ Consecutive Down Days: Linn Energy (NasdaqGM:LINE - News). LINE's PowerRating is 8.
5+ Consecutive Lower Lows: Tyson Foods (NYSE:TSN - News). TSN's PowerRating is 7.
2-Period RSI Below 2: Terra Nitrogen (NYSE:TNH - News). TNH's PowerRating is 9.
Bearish
Our research shows that stocks exhibiting this price behavior, while trading below their 200-day moving average, have on average, shown negative returns 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
5+ Consecutive Up Days: Nordstrom (NYSE:JWN - News). JWN's PowerRating is 3.
Stocks Up 10% or More: DivX (NasdaqGM:DIVX - News). DIVX's PowerRating is 3.

Labels: DIVX, DRQ, Hot Stocks, JWN, LINE, SIL, TNH, TSN

Symbol
Name
Last Trade
Change
Volume
Related Info
ZVUE
HANDHELD ENTERTAINMT
2.58 4:00PM ET
0.75 (40.98%)
2,710,150

DYNT
DYNATRONICS CP
1.48 3:59PM ET
0.40 (37.04%)
714,563

LOCM
LOCAL.COM CORP
8.9600 4:00PM ET
2.0401 (29.48%)
28,117,922
IOC
INTEROIL CORP
24.11 4:00PM ET
5.17 (27.30%)
5,046,800

OPTN
OPTION CARE INC
19.24 4:00PM ET
3.84 (24.94%)
10,901,112

ZN
ZION OIL & GAS, INC.
6.80 3:59PM ET
1.20 (21.43%)
60,700

EGI
ENTREE GOLD INC
2.95 4:00PM ET
0.52 (21.40%)
332,200

DELT
DELTA GALIL INDS A
7.86 3:51PM ET
1.24 (18.72%)
8,101

VMED
VIRGIN MEDIA INC
28.67 4:00PM ET
4.30 (17.64%)
20,907,244

AXK
ACCELR8 TECH CORP
2.3499 3:57PM ET
0.3499 (17.50%)
6,900
NEP
NEPHROS INC.
1.45 9:36AM ET
0.21 (16.94%)
15,000

NPLA
INPLAY TECHNOLOGIES
2.66 4:00PM ET
0.36 (15.65%)
426,680
LGBT
PLANETOUT, INC.
1.59 4:00PM ET
0.21 (15.22%)
541,611
RRST
RRSAT GLOBAL COMM
22.85 4:00PM ET
2.87 (14.35%)
242,218

NPSI
NORTH PITTSBURGH S
24.22 3:59PM ET
2.97 (13.98%)
867,369
LINE
LINN ENERGY LLC UTS
37.35 4:00PM ET
4.44 (13.49%)
787,217

Labels: AXK, DYNT, EGI, IOC, LGBT, LINE, LOCM, NEP, NPLA, NPSI, OPTN, RRST, VMED, ZN, ZVUE

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