Jim Cramer Blog

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Novellus (NasdaqGS:NVLS - News) beat expectations on Monday afternoon, announcing $0.45 EPS over an expected $0.43 EPS. NVLS's PowerRating is 4.
Coca-Cola (NYSE:KO - News) reports earnings on Tuesday before the market opens; look for $0.82 EPS. KO's PowerRating is 5.
Johnson & Johnson (NYSE:JNJ - News) announces quarterly earnings on Tuesday morning, with analysts looking for $1.00 EPS. JNJ's PowerRating is 4.
KeyCorp (NYSE:KEY - News) should report $0.70 EPS on Tuesday before the bell. KEY's PowerRating is 4.
When Regions Financial (NYSE:RF - News) reports earnings tomorrow morning, watch for $0.69 EPS. RF's PowerRating is 4.
US Bancorp (NYSE:USB - News) is expected to announce $0.67 EPS on Tuesday morning. USB's PowerRating is 4.
Analysts are expecting Wells Fargo (NYSE:WFC - News) to report $0.67 EPS before the bell on Tuesday. WFC's PowerRating is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: Hot Stocks, JNJ, KEY, KO, RF, USB, WFC

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
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.
Halliburton (NYSE:HAL). HAL's PowerRating 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.
Take-Two Interactive (NasdaqGS:TTWO) & Chemtura (NYSE:CEM). TTWO's PowerRating is 7, and CEM's PowerRating 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.
Ambassadors International (NasdaqGM:AMIE). AMIE's PowerRating is 7.
Bearish
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. Historically, these stocks have provided traders with a significant edge.
Whole Foods Market (NasdaqGS:WFMI). WFMI's PowerRating is 3.
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.
Regions Financial Corporation (NYSE:RF). RF's PowerRating is 4.
2-Period RSI Above 98: These are stocks that have a 2-period RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Western Alliance Bancorporation (NYSE:WAL). WAL's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: AMIE, CEM, HAL, Hot Stocks, RF, TTWO, WAL, WFMI

It was a tale of two markets today as solid earnings reports from two of the Dow Jones Industrial Average, coupled with benign inflation data, helped push that market indicator to new heights intraday before it closed short of another record. The tech-heavy Nasdaq composite, in contrast, hovered near the unchanged mark for much of the session before ultimately closing fractionally lower. The 10-year Treasury note again found buyers today while crude oil prices declined. The British pound also made news on the currency markets, pushing past the psychologically important $2 level for the first time since 1992, though the weak-dollar trend has been in place for some time.
U.S. consumer prices rose a sharp 0.6% in March, but much of that gain was attributable to the rising price of energy, which jumped 5.9% last month. It was the sharpest one-month increase in energy costs since Hurricane Katrina helped shut down a portion of the nation's refining capacity in the summer of 2005. Investors were encouraged, however, that so-called core inflation, which strips out energy as well as food costs, was only up a scant 0.1%.
In earnings news, strong sales outside of North America helped propel the soft-drink maker Coca-Cola (NYSE: KO - News), a Dow component, to a 14% earnings increase. Revenue increased 17%. Growth was propelled by a 9% gain in overseas unit-case volume, which offset a -3% decline in the same North American sales metric. Satisfied investors pushed the company's shares up 3%.
The Q1 bottom-line results for pharmaceutical maker Johnson & Johnson (NYSE: JNJ - News) declined -22% as the result of charges related to its acquisition of Conor Medsystems, but investors were encouraged by record sales of nearly $13 billion, a 16% increase over last year's Q1 results. Shares increased 2% in today's trading. J&J is another one of the 30 stocks that make up the blue chip Dow index, which was also helped by a late afternoon rally from McDonald's (NYSE: MCD - News)
TD Ameritrade (Nasdaq: AMTD - News), meanwhile, slumped -9% after the online broker posted results that missed expectations and lowered its outlook for the remainder of the year. The company said it earned $141 million, or 23 cents a share for its second fiscal quarter ended March 31, against $173 million, or 30 cents a share, last year when results were aided by one-time gains. Its rival Charles Schwab (Nasdaq: SCHW - News), meanwhile, reported a Q1 profit of $273 million, or 22 cents a share, compared with $243 million, or 19 cents a share, a year earlier. Revenue from continuing operations increased 9% to $1.15 billion. The results were in line with Wall Street's expectations.
Earnings results continued to come in from the banking sector. Wells Fargo (NYSE: WFC - News), the nation's No. 4 bank, reported an 11% increase in Q1 profits, but also revealed an increase in bad loans. The bank, however, insisted its loan portfolio is largely isolated from difficulties in the subprime sector. Wells Fargo earned $2.24 billion, or 66 cents per share, compared with $2 billion, or 60 cents, a year ago. Revenue rose 10%. Regional bank SunTrust Banks (NYSE: STI - News) said its Q1 net income fell 3% to $514 million, while Regions Financial (NYSE: RF - News) reported a 13% profit increase to $333 million. After the bell, Washington Mutual (NYSE: WM - News) reported a decline in Q1 profit, hurt by a loss in its mortgage unit.

Labels: AMTD, JNJ, KO, MCD, RF, SCHW, STI, WFC, WM