Jim Cramer Blog

Falling markets in Europe and Asia led to an early selloff in the U.S., with disappointing retail sales data and credit worries setting the tone. However, an afternoon rally erased the losses and stocks closed higher.
The Dow rose +35.50, the Nasdaq Composite +19.74, and the S&P 500 +6.71.
Here are 7 stocks to watch...
The Wall Street Journal reported Bear Stearns (NYSE:BSC) is "facing increasingly tough trading conditions." BSC was the biggest decliner in the S&P 500, falling nearly 8%. BSC's Short Term PowerRating is 7.
Aspect Medical Systems (NasdaqGS:ASPM) plunged more than 45% after a report in the New England Journal of Medicine said the company devices were ineffective.
Humana (NYSE:HUM) gained more than 10%, after losing nearly 14% yesterday. HUM's Short Term PowerRating is 8.
After the close, Aeropostale (NYSE:ARO) beat earnings estimates by $0.05. ARO's Short Term PowerRating is 5.
Before the market open, AnnTaylor Stores (NYSE:ANN) is expected to reports earnings of $0.20. ANN's Short Term PowerRating is 4.
Electronic Arts went hostile in its takeover bid for Take Two Interactive Software (NasdaqGS:TTWO ), offering shareholders $26 per share. TTWO's Short Term PowerRating is 8.
Do you think Electronic Arts (NasdaqGS:ERTS) will close up or down on Friday? ERTS' Short Term PowerRating is 4. Go to TradingMarkets.com to play our Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.

Labels: ANN, ARO, ASPM, BSC, ERTS, Hot Stocks, HUM, TTWO

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Palm (NasdaqGS:PALM - News) beat earnings expectations on Tuesday afternoon, with -$0.07 EPS versus expectations of -$0.08 EPS. PALM's PowerRating (for Traders) is 4.
Take-Two Interactive (NasdaqGS:TTWO - News) also beat earnings, reporting -$0.10 EPS versus -$0.23 EPS. TTWO's PowerRating (for Traders) is 4.
Actuant (NYSE:ATU - News) reports earnings on Wednesday before the bell, with traders looking for $0.48 EPS. ATU's PowerRating (for Traders) is 7.
CarMax (NYSE:KMX - News) announces quarterly results on Wednesday morning; look for $0.17 EPS. KMX's PowerRating (for Traders) is 5.
When General Mills (NYSE:GIS - News) reports results on Wednesday before the market opens, traders will be watching for $1.13 EPS. GIS's PowerRating (for Traders) is 6.
Joy Global (NasdaqGS:JOYG - News) is set to announce $0.75 EPS on Wednesday morning before the bell. JOYG's PowerRating (for Traders) is 7.
When Morgan Stanley (NYSE:MS - News) announces quarterly results tomorrow morning, watch for -$0.39 EPS. MS's PowerRating (for Traders) is 5.

Labels: ATU, GIS, Hot Stocks, JOYG, KMX, MS, PALM, TTWO

Here are 7 options to watch for today.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Chipotle Mexican Grill Oct 125 Calls (NYSE:CMG - News). CMG's PowerRating (for Traders) is 4.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
TakeTwo Interactive Software Oct 17.5 Puts (NasdaqGS:TTWO - News). TTWO's PowerRating (for Traders) is 3.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Research in Motion Oct 110 Calls (NasdaqGS:RIMM - News). RIMM's PowerRating (for Traders) is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Google Oct 510 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 4.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Xinhua Finance Media (NYSE:XFML - News).
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Pool Corp. (NYSE:POOL - News). POOL's PowerRating (for Traders) is 6.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
AutoNation (NYSE:AN - News). AN's PowerRating (for Traders) is 5.
Published By TradingMarkets.com

Labels: AN, CMG, GOOG, POOL, RIMM, stock options, TTWO, XFML

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.
Guess (NYSE:GES - News). GES'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.
Riverbed Technologies (NasdaqGM:RVBD - News). RVBD'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.
Lennox (NYSE:LII - News). LII'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.
Take-Two Interactive (NasdaqGS:TTWO - News). TTWO's PowerRating (for Traders) is 4.
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.
Goodrich Petrol (NYSE:GDP - News). GDP's PowerRating (for Traders) 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.
Pioneer Drilling (NYSE:PDC - News). PDC's PowerRating (for Traders) is 4.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average 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.
Ev3 (NasdaqGS:EVVV - News). EVVV's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: EVVV, GDP, GES, Hot Stocks, LII, PDC, RVBD, TTWO

Stocks staged a broad-based rally as investors speculated that consumer demand will help aid the economy. At the close, all major market averages ended the day with strong gains. The price of Gold continued to rise, ending up $8.90 to $721.10 an ounce.
OPEC said it would increase oil production by 500,000 barrels of oil a day as they believe near record oil prices would damage the world economy. The increase in output will mostly be led by Saudi Arabia. This is the first production increase by OPEC in more than a year. Oil prices were nevertheless up 74 cents to $78.23 a barrel.
Shares of McDonald's (NYSE: MCD - News) rose 3.2% after the burger giant reported an 8.1% same-store sales increase for the month of August. In the U.S., the world's largest restaurant chain said same-store sales grew 7.4% fueled by breakfast and new food and beverage offerings. Its European business also experienced a 6.1% rise in store sales growth buoyed by summertime offerings. In its Asia/Pacific, Middle East and Africa region, the company said sales surged 12.4% helped by extended hours and new menu promotions. The company noted that sales were particularly robust in China, Japan and Australia. Subscribers can read our analysis of McDonald's in today's issue.
Biotech firm Imclone Systems (Nasdaq: IMCL - News) pleased investors today after a study released by Germany's Merck KGaA said that Imclone's Erbitux prolonged the survival of lung cancer patients. The drug is used to treat colon cancer, in addition to head-and-neck cancer. Shares surged 18%. Sepracor (Nasdaq: SEPR - News) and GlaxoSmithKiline (NYSE: GSK - News) agreed to team up on Sepracor's insomnia drug Lunesta. Under the terms of the agreement, Glaxo will commercialize the drug in markets outside the U.S., while Sepracor stands to receive an initial payment of $20 million, plus subsequent milestone payments that could total up to $155 million. Additionally, Sepracor will receive double-digit royalties that will increase in line with sales and compensation. The drug is currently under review by the European Union, where a decision is expected in the second half of 2008.
In tech news, VMware (NYSE: VMW - News) struck a deal to acquire Swiss based Dunes Technologies, a maker of virtualization management software. Financial terms of the deal were not disclosed. Storage maker Western Digital (NYSE: WDC - News) upped its first quarter sales and profit forecast based on strong demand for hard disk drives. For the current quarter, the company now sees EPS reaching 61-65 cents, excluding charges related to its recent acquisition of Komag. Its previous forecast was for EPS of 43-47 cents a share. The company also noted that gross margins are expected to improve to 17.5%. Shares advanced 4.4% on the news.
In earnings news, video game maker Take-Two Interactive (Nasdaq: TTWO - News) reported a narrower-than-expected loss for its third quarter. The company lost -$58.5 million, or -81 cents a share, compared to a loss of -$91.4 million, or -$1.29 a share in the same period a year ago. Excluding items, loss was -$46.1 million, or -64 cents a share versus the loss of -67 cents per share expected by analysts. Sales fell to $241.2 million, but beat estimates for revenue of $200.6 million. For the fourth quarter Take-Two expects a loss of -20 to -25 cents a share on revenue of $275-300 million.
By The BullMarket.com Staff

Labels: GSK, IMCL, MCD, SEPR, TTWO, VMW, WDC

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Shuffle Master (NasdaqGS:SHFL - News) reports earnings on Monday after the close; watch for $0.13 EPS. SHFL's PowerRating (for Traders) is 4.

Take-Two Interactive Software (NasdaqGS:TTWO - News) is expected to report -$0.69 EPS after the market closes on Monday. TTWO's PowerRating (for Traders) is 4.
TXU (NYSE:TXU - News) said it had agreed to a $45 billion leveraged buyout by private-equity investors. TXU's PowerRating (for Traders) is 5.
InterDigital (NasdaqGS:IDCC - News) gained over 10% after the company adjusted Q3 forecasts upwards by about $1 million to $55.5 million. IDCC's PowerRating (for Traders) is 4.
JetBlue Airways (NasdaqGS:JBLU - News) rose over 1% after the company announced that traffic increased over 13% from August last year. JBLU's PowerRating (for Traders) is 4.
3M (NYSE:MMM - News) fell on Friday after announcing plans to buy a tape-manufacturer, Venture Tape, for undisclosed terms. MMM's PowerRating (for Traders) is 6.
Beazer Homes (NYSE:BZH - News) fell 10% after announcing that the U.S. Bank National Association had served Beazer with default notices. BZH's PowerRating (for Traders) is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BZH, Hot Stocks, IDCC, JBLU, MMM, SHFL, TTWO, TXU

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.
Watson Pharmaceuticals (NYSE:WPI - News). WPI'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.
Alliance Data (NYSE:ADS - News). ADS's PowerRating (for Traders) is 6.
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.
Amerigon (NasdaqGM:ARGN - News). ARGN's PowerRating (for Traders) is 8.
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.
California Pizza Kitchen (NasdaqGS:CPKI - News). CPKI's PowerRating (for Traders) 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.
Take Two Interactive Software (NasdaqGS:TTWO - News) & Sappi Limited (NYSE:SPP - News). TTWO's PowerRating (for Traders) is 3, and SPP'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.
XM Satellite Radio (NasdaqGS:XMSR - News). XMSR's PowerRating (for Traders) is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ADS, ARGN, CPKI, Hot Stocks, SPP, TTWO, WPI, XMSR

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
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.
Seabridge Gold (NYSE:SA - News). SA's PowerRating (for Traders) is 8.
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.
Toll Brothers (NYSE:TOL - News). TOL's PowerRating (for Traders) is 5.
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.
Applebee's International (NasdaqGS:APPB - News) & Disney (NYSE:DIS - News). APPB's PowerRating (for Traders) is 4, and DIS's PowerRating (for Traders) is 4.
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.
Big Lots (NYSE:BIG - News) & Jos A Bank Clothiers (NasdaqGS:JOSB - News). BIG's PowerRating (for Traders) is 2, and JOSB's PowerRating (for Traders) is 2.
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.
Take-Two Interactive Software (NasdaqGS:TTWO - News). TTWO's PowerRating (for Traders) is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: APPB, BIG, DIS, Hot Stocks, JOSB, SA, TOL, TTWO

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. Historically, these stocks have provided traders with a significant edge.

U.S. Xpress Enterprises (NasdaqGS:XPRSA) & Willis Group Holdings (NYSE:WSH). XPRSA's PowerRating is 5, and WSH'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.
Red Hat (NYSE:RHT) & Take Two Interactive Software (NasdaqGS:TTWO). RHT's PowerRating is 6, and TTWO'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.
Industrial Services of America (NasdaqCM:IDSA). IDSA's PowerRating is 8.
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.
International Game Technology (NYSE:IGT). IGT's PowerRating is 4.
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.
Sanofi Aventis (NYSE:SNY). SNY's PowerRating is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: Hot Stocks, IDSA, IGT, RHT, SNY, TTWO, WSH, XPRSA

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

Rethinking Spartan Motors Spartan Motors (NasdaqGS: SPAR)
Although he initially rejected a pitch for Spartan Motors made by an IU Kelley School of Business student, Cramer is now bullish after investigating the stock further. Initially, he thought SPAR was mainly involved with recreational vehicles which would be out of favor with rising oil prices. However, Spartan also manufactures emergency vehicles, and since 55% of the nation's firetrucks need replacing, Spartan vehicles will be in demand. In addition, the armed forces require vehicles that will protect soldiers from roadside bombs. Spartan's military motor division recently scored the second largest contract in its history. The company's RV business is doing well, because baby boomers love RVs. While Spartan has a great story, Cramer cautions that this small-cap speculative stock may not be for everyone and to wait for a pullback before buying.
Sell Block: WCI Communities (NYSE: WCI - News), Simon Property Group (NYSE: SPG - News), Hologic (NasdaqGS: HOLX), Norfolk Southern (NYSE: NSC - News), Union Pacific (NYSE: UNP - News), Greenbrier Companies (NYSE: GBX - News), Coldwater Creek (NasdaqGS: CWTR), Gilead Sciences (NasdaqGS: GILD), Celgene (NasdaqGS: CELG), Altria (NYSE: MO - News), Kraft (NYSE: KFT - News) Take-Two Interactive (NasdaqGS: TTWO)
Cramer is "adamant that homebuilders can't be owned" and would sell WCI even though it hasn't moved, along with SPG, which has had a big increase. He would also sell HOLX which is "priced for perfection" but which has been the target of articles suggesting its products are less than perfect. Cramer likes rails as a "happy oligopoly, but given NSC's disappointing guidance, he would swap it for UNP on any strength. Cramer confessed "I deserve to be roasted over hot coals" for recommending GBX as a short-busting play when the stock has had a huge drop. Cramer wants to avoid getting burned again over CWTR and would sell even though it seems to be making a comeback. He thinks upgrades of semiconductors are "insane" and would get rid of the entire sector. Gilead, Cramer's "bio stock of the year" is now too expensive, and he would sell it or swap into Celgene. Now that Altria has spun off Kraft, Cramer would hold onto MO and sell KFT; "American cheese just doesn't turn it's customers into hopeless addicts."Finally, the fact that it is difficult to zero in on what is really wrong with TTWO is the best reason to sell it.
Mad Mail: Deere (NYSE: DE - News), Coca-Cola (NYSE: KO - News)
Cramer would back up the truck and buy DE because, for the long-term "we are in a secular bull market inf farming" and sees a strong comeback for Deere. Cramer also likes KO because if it's brand turns around in Japan, KO could rise from $50 to $55.

Published by SeekingAlpha

Labels: DE, GBX, HOLX, Jim Cramer, KFT, KO, Mad Money, MO, NSC, SPAR, SPG, TTWO, UNP, WCI

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Under Priced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Dendreon Corp. Apr 15 Calls (NasdaqGM:DNDN - News). DNDN's PowerRating is 1.
Most Under Priced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Deckers Outdoor Apr 70 Puts (NasdaqGS:DECK - News). DECK's PowerRating is 6.
Baidu.com Apr 90 Puts (NasdaqGM:BIDU - News). BIDU's PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Intuitive Surgical Apr 135 Calls (NasdaqGS:ISRG - News). ISRG's PowerRating is 5.
Apple Inc. May 105 Calls (NasdaqGS:AAPL - News). AAPL's PowerRating is 5.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Sears Holding Jun 165 Puts (NasdaqGS:SHLD - News). SHLD's PowerRating is 5.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
None Today
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
None Today
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Take-Two Interactive Software Inc. (NasdaqGS:TTWO - News). TTWO's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: AAPL, BIDU, DECK, DNDN, ISRG, SHLD, stock options, TTWO

Stocks rebounded from a volatile morning session to essentially close flat. A change in U.S. tariff policies towards some goods from China put a scare into investors in the morning who feared the start of a trade war, but stocks were gradually able to rebound in the afternoon and push into positive territory. Crude oil prices eased modestly. Overshadowing crude was a sharp drop in corn futures prices following an upbeat corn crop forecast from the government. The 10-year Treasury note closed unchanged.
Stocks dropped sharply in the morning after the Commerce Department announced it was reversing a long-standing policy and that tariffs will be imposed on some Chinese goods. The Bush Administration also said it is considering a request from the U.S. paper industry for protection from cheaper imports from China. In economic news, the Commerce Department earlier reported February personal income rose at a seasonally adjusted rate of 0.6%. Personal consumption grew 0.6% from the prior month.
Corn futures fell sharply on the Chicago Board of Trade after the federal government released its crop forecast. The Department of Agriculture said farmers will plant 90.5 million acres of corn this spring, above its earlier estimate of 87 million acres, and about 15% more than the 78 million acres of corn planted last year. Ethanol producers like Archer Daniels Midland (NYSE: ADM - News), who are expected to be buyers of the additional corn output, will benefit from the lower prices.
Shares of drugmaker Novartis (NYSE: NVS - News) shed -3.9% after the Food & Drug Administration asked the Swiss company to stop selling its irritable bowel treatment Zelnorm after it was linked to an increased risk of heart attacks and strokes. Zelnorm generated $561 million in sales in 2006, about 80% of which came from the U.S. market. The drug had been approved for the short-term treatment of constipation in women with IBS, and for patients younger than 65 with chronic constipation.
In merger news, two Los Angeles billionaires joined forces to bid for Tribune Co. (NYSE: TRB - News), which owns the Chicago Tribune, Los Angeles Times, numerous broadcast and other media properties, and the Chicago Cubs baseball team. Eli Broad and Ron Burkle submitted a bid valued at $34 a share that includes an employee ownership provision, according to reports. Tribune was pushed to seek a buyer by its disgruntled major shareholder, the Chandler family. Tribune shares gained 1.9% today.
Shares of game maker Take-Two Interactive Software (Nasdaq: TTWO - News) slipped -4.6% after a group of shareholders that control 46% of the company's stock succeeded in efforts to replace the current board with six new directors. The maker of the "Grand Theft Auto" game was caught up in an options back-dating scandal that resulted in a guilty plea to related charges from former Chairman and Chief Executive Ryan Brant.
PC maker Dell (Nasdaq: DELL - News) traded lower after the company said an internal investigation of its accounting practices had revealed evidence of misconduct, but the company did not say what it found. Dell, which faces federal investigations into its finances, said it will likely need to restate prior financial results once its internal probe is complete.
By the BullMarket.com Staff

Labels: ADM, DELL, NVS, TRB, TTWO

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. Historically, these stocks have provided traders with a significant edge.
Cambrex Corporation (NYSE:CBM - News). CBM'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.
Liz Claiborne (NYSE:LIZ - News). LIZ's PowerRating is 6.
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.
Take-Two Interactive Software (NasdaqGS:TTWO - News). TTWO's PowerRating is 9.
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.
Brightpoint (NasdaqGS:CELL - News). CELL'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.
Constellation Brands (NYSE:STZ - News). STZ's PowerRating is 3.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average 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.
Suncor Energy (NYSE:SU - News). SU's PowerRating 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.
Omnivision Technologies (NasdaqGS:OVTI - News). OVTI's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: CBM, CELL, Hot Stocks, LIZ, OVTI, STZ, SU, TTWO

Take Two Interactive (NasdaqGS: TTWO): Cramer admitted he was getting behind the "most poorly managed company in America" because he believes in Steve Cohen, who wants to take the company over. Although Cramer thinks the company should have been shut down by the feds "a la Enron" he predicts that Steve Cohen is going to bust the shorts and comments Cohen has always worked well independently.
Joy Global (NasdaqGS: JOYG): The entire sector is being overdone on the downside, said Cramer, and although JOYG missed the previous quarter, Cramer notes the company has a strong cash flow.
UnderArmour (NYSE: UA - News), Adidas , Dick's Sporting Goods (NYSE: DKS - News): Lagging marketing expenditures for Adidas and Reebok means an open playing field for UA to move into Dick's Sporting Goods, according to Cramer, who notes that UA hardly got a scratch in the selloff and predicts it is heading into the $50s. Cramer also comments DKS is well-managed.
Ciena Corp (NasdaqGS: CIEN), Alcatel-Lucent (NYSE: ALU - News) and Tellabs (NasdaqGS: TLAB) and Verizon (NYSE: VZ - News): Cramer says CIEN needs a win as Verizon is making its choice. He thinks CIEN has a better chance than ALU and TLAB.

Labels: ALU, CIEN, DKS, Jim Cramer, Jim Cramer's Stop Trading, JOYG, TLAB, TTWO, UA, VZ

The investment firm of billionaire Carl Icahn on Tuesday disclosed new holdings in Hilton Hotels Corp., medical device maker Cyberonics Inc. and homebuilder WCI Communities Inc., sending the shares of the last two up strongly.
Shares of WCI Communities closed up $1.99, or 12.6 percent, at $17.80 on the New York Stock Exchange, while shares of Cyberonics rose $3.61, or 20 percent, to $21.34 on the Nasdaq Stock Market.
Hilton Hotels shares rose 6 cents to $30.91 on the NYSE.
In a report for the quarter ended Sept. 30, Icahn Management LP also reported eliminating holdings in offshore-drilling contractor Transocean Inc., warehouse club operator BJ's Wholesale Club Inc. and BKF Capital Group Inc., a provider of investment advisory and asset management services.
Stakes were also eliminated in exploration company Cimarex Energy Co., Symantec Corp., which makes the Norton line of antivirus software, Pioneer Natural Resources Co. and homebuilder Ryland Group Inc.
The firm also reported increasing its Time Warner Inc. stake to 55 million shares as of Sept. 30 from 49.6 million shares as of June 30.
Separately, Carl Icahn, as an individual, reported increasing his stake in Time Warner to 13.65 million shares as of Sept. 30, from 12.3 million shares in the prior quarter.
Institutional investors that hold more than $100 million worth of stock in public companies are required to disclose their stockholdings at the end of each quarter in filings with the Securities and Exchange Commission.
On Tuesday, Icahn Management also reported increasing its stake in Lear Corp. to 2.6 million shares from 2.5 million, and in Take-Two Interactive Software Inc. to 2.9 million shares from 800,000 shares.
The firm reported cutting its stake in Gencorp Inc., a manufacturer of aerospace and defense products and systems, to 987,120 shares in the latest quarter from 2.16 million, and in Tronox Inc., a maker of titanium dioxide pigment and electrolytic products, to 176,976 Class B common shares from 699,741 Class B shares.
Icahn Management's filing also showed holdings in Realogy Corp. of 4.5 million shares and Wyndham Worldwide Corp. of 2.2 million shares. Both companies spun off from Cendant Corp. on Aug. 1.
At June 30, the firm reported holding 6.1 million shares of Cendant.
Icahn Management's stake in Federated Department Stores Inc. at Sept. 30 was unchanged at 2.01 million shares.
As reported, Federated announced late in September that Icahn intended to file for antitrust clearance to raise his stake by as much as $500 million, which would add roughly 11.9 million shares to Icahn's holding.
-AP

Labels: Carl Icahn, Cyberonics, CYBX, D.R. Horton Inc., GY, Hilton Hotels Corp., SYMC, TTWO, TWX, WCI, WCI Communities