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
Gaps Down 5% or More: These are stocks that gap 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 gap 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.
Nalco Holding Company (NYSE:NLC - News). NLC's PowerRating is 6.
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.
Force Protection (NasdaqCM:FRPT - News). FRPT's PowerRating is 7.
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. Historically, these stocks have provided traders with a significant edge.
Affiliated Computer Services (NYSE:ACS - News). ACS's PowerRating is 8.
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.
Penn National Gaming (NasdaqGS:PENN - News). PENN's PowerRating is 8.
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.
PetroHawk Energy (NYSE:HK - News). HK's PowerRating is 6.
Bearish
5+ Consecutive Up Days: 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.
Cnet Networks (NasdaqGS:CNET - News). CNET's PowerRating is 2.
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.
Websense (NasdaqGS:WBSN - News). WBSN's PowerRating is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ACS, CNET, FRPT, HK, Hot Stocks, NLC, PENN, WBSN

Actions Semiconductor Co. (NasdaqGM:ACTS - News) said fourth-quarter net income rose, with unit shipments at an all-time high, to $21.3 million, or 25 cents per American Depositary Share, from $19.9 million, or 24 cents per ADS, during the same period in the prior year.
Atmos Energy Corp. (NYSE:ATO - News) reported first-quarter net earnings of $81.3 million, or 97 cents a share, compared with $71 million, or 88 cents a share, in the same period last year, as the cost of purchased gas dropped.
Atwood Oceanics Inc. (NYSE:ATW - News) reported first-quarter net earnings of $21.1 million, or 67 cents a share, up from $14.5 million, or 47 cents a share, during the year-ago period. The Houston-based drilling contractor posted revenue of $88.8 million vs. $55.4 million.
Blackboard Inc. (NasdaqGS:BBBB - News) reported fourth-quarter net earnings of $201,000, or a penny a share, down from $23.1 million, or 79 cents a share, during the year-ago period.
Brightpoint Inc. (NasdaqGS:CELL - News) said fourth-quarter net income rose, as wireless devices handled gained, to $9.74 million, or 19 cents a share, from $8.85 million, or 18 cents a share, during the same period in the prior year.
CB Richard Ellis Group Inc. (NYSE:CBG - News) said fourth-quarter net income rose, buoyed by "strong" leasing activity, to $125.1 million, or 53 cents a share, from $95.4 million, or 41 cents a share, during the same period in the prior year.
Cheesecake Factory (NasdaqGS:CAKE - News) said its fourth-quarter income was off from the prior year's levels, but the casual dining restaurateur's sales climbed 18%, thanks to increased traffic at its Grand Lux outlets.
Computer Sciences Corp. (NYSE:CSC - News) said that net income for its fiscal third-quarter fell 78%, and the company is delaying filing a full earnings report with regulators until it has completed an ongoing internal review of stock options grant practices.
CPI International Inc. (NasdaqGM:CPII - News) reported first-quarter net earnings of $5.84 million, or 33 cents a share, up from $2.22 million, or 15 cents a share, during the year-ago period.
Equity Residential Properties Trust (NYSE:EQR - News) reported fourth-quarter net earnings of $465.1 million vs. $225.9 million during the year-ago period. Net income available to common shareholders was $457.6 million, or $1.54 a share, compared with $215.2 million, or 74 cents a share, a year ago.
FEI Co. (NasdaqGM:FEIC - News) said it swung to net income in the fourth-quarter, as bookings remained solid and operating expenses declined, of $14.7 million, or 36 cents a share. During the same period in the prior year, the net loss was $30.7 million, or 92 cents a share.

Fidelity National Information Services Inc. said fourth-quarter net income rose, as revenue gained, to $75.1 million, or 39 cents a share, from $45.5 million, or 35 cents a share, during the same period in the prior year.
FMC Corp. (NYSE:FMC - News) said fourth-quarter net income fell, as restructuring charges rose, to $12.9 million, or 33 cents a share, from $25.3 million, or 64 cents a share, during the same period in the prior year.
Kforce Inc. (NasdaqGS:KFRC - News) said fourth-quarter net income rose, as revenue per billing day gained, to $9.26 million, or 22 cents a share, from $6.86 million, or 17 cents a share, during the same period in the prior year.
Nabors Industries Ltd. (NYSE:NBR - News) posted a big jump in its fourth-quarter earnings as lofty energy prices and strong international demand put a premium on the company's drill rigs and oilfield services.
Nalco Holding Co. (NYSE:NLC - News) reported fourth-quarter net earnings of $37.9 million, or 26 cents a share, up 50% from $25.2 million, or 17 cents a share, during the year-ago period. Adjusted earnings before interest, taxes, depreciation and amortization were $193 million vs. $163 million a year ago.
Pioneer Natural Resources Co. (NYSE:PXD - News) reported fourth-quarter net earnings of $27.7 million, or 22 cents a share, compared with $140.8 million, or $1.08 a share, in the same period last year, as oil and gas revenue dropped.
Polo Ralph Lauren Corp. (NYSE:RL - News) said it has named John Alchin, Comcast Corp.'s (NYSE:CCT - News) co-chief financial officer, to its board.
RenaissanceRe Holdings (NYSE:RNR - News) reported a huge quarterly profit, but the reinsurer cut its 2007 premium forecast citing softening prices and the impact of a new Florida insurance law.

Labels: ACTS, ATO, ATW, BBBB, CAKE, CBG, CCT, CELL, CPII, CSC, EQR, FEIC, FMC, KFRC, NBR, NLC, PXD, RL, RNR