Jim Cramer Blog

A Goldman Sachs downgrade from "buy" to "neutral" sent shares of Cheesecake Factory Inc. (NYSE:CAKE) lower on Friday by more than 6%.
Good news in the semiconductor industry extends to suppliers and parts maker as well, as Verigy Ltd. (NYSE:VRGY) announced on Friday that its third quarter earnings were above analyst expectations.
Foot Locker (NYSE:FL) announced significant first quarter losses, but soothed investors by reaffirming their guidance for the full year. The stock was higher by more than 12% on Friday.
Reporting earnings on Friday, Goodyear Tire & Rubber (NYSE:GTannounced that the company had exceeded analyst expectations.
A less than optimistic outlook from Royal Caribbean Cruises (NYSE:RCL) sent shares sharply lower on Friday.
CA, Inc. NYSE:CA announced a better than expected revenue forecast for 2009, surprising investors and sending the stock up nearly 4% on Friday.
A report that InBev NV of the Netherlands was considering buying Anheuser-Busch Company (NYSE:BUD) sent shares of the American beer distributor soaring by more than 7% on Friday.

Labels: BUD, CAKE, FL, GT, Hot Stocks, RCL, VRGY

Shares of Verigy Ltd., which makes equipment to test computer chips, rose on Wednesday after the company posted fourth-quarter profit above Wall Street expectations and said first-quarter earnings will surpass estimates.
The stock added $5.14, or 24.4 percent, to $26.19 in late-morning trading.
Stifel Nicolaus & Co. analyst Patrick Ho upgraded the company to "Buy" from "Hold" with a $32 price target, but lowered his 2008 earnings estimate to $2.07 per share from $2.17.
"Although the industry is clearly in a state of flux, we believe that Verigy's strong market share position (and one that we believe will continue to improve) and its strong business model will allow the company to weather the industry's volatility better than any of its peers," Ho said in a client note.
For the fourth quarter, the company posted a profit of $32 million, or 52 cents per share on revenue of $209 million. Analysts expected profit of 50 cents per share, according to Thomson Financial.

Labels: Verigy Ltd., VRGY

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Dress Barn (NasdaqGS:DBRN - News) missed earnings on Tuesday afternoon, announcing $0.30 EPS versus expectations of $0.32 EPS. DBRN's PowerRating (for Traders) is 4.
Verigy (NasdaqGS:VRGY - News) beat earnings estimates, with $0.58 EPS over $0.50 EPS. VRGY's PowerRating (for Traders) is 3.
Aeropostale (NYSE:ARO - News) reports earnings on Wednesday before the market opens, with traders looking for $0.47 EPS. ARO's PowerRating (for Traders) is 4.
When Brown Shoe (NYSE:BWS - News) announces quarterly results tomorrow morning, analysts will be watching for $0.64 EPS. BWS's PowerRating (for Traders) is 4.
Dollar Tree (NasdaqGS:DLTR - News) should announce $0.37 EPS on Wednesday morning. DLTR's PowerRating (for Traders) is 5.
Coldwater Creek (NasdaqGS:CWTR - News) is expected to announce -$0.11 EPS on Wednesday after the market closes. CWTR's PowerRating (for Traders) is 5.
When Jo-Ann Stores (NYSE:JAS - News) reports quarterly earnings tomorrow afternoon, traders will be watching for $0.28 EPS. JAS's PowerRating (for Traders) is 3.

Labels: ARO, BWS, CWTR, DBRN, DLTR, Hot Stocks, JAS, VRGY

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.

ImClone Systems (NasdaqGS:IMCL - News). IMCL's PowerRating (for Traders) 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.
Verigy (NasdaqGS:VRGY - News). VRGY'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.
InterOil (NYSE:IOC - News). IOC'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.
Kellwood (NYSE:KWD - News). KWD's PowerRating (for Traders) is 3.
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.
Marvel Entertainment (NYSE:MVL - News). MVL'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.
Starwood Hotels & Resorts (NYSE:HOT - News). HOT'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.
Bear Stearns (NYSE:BSC - News). BSC's PowerRating (for Traders) is 3.

Published By TradingMarkets.com

Labels: BSC, HOT, Hot Stocks, IMCL, IOC, KWD, MVL, VRGY

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.
ImClone Systems (NasdaqGS:IMCL - News). IMCL's PowerRating (for Traders) 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.
Verigy (NasdaqGS:VRGY - News). VRGY'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.
InterOil (NYSE:IOC - News). IOC'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.
Kellwood (NYSE:KWD - News). KWD's PowerRating (for Traders) is 3.
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.
Marvel Entertainment (NYSE:MVL - News). MVL'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.
Starwood Hotels & Resorts (NYSE:HOT - News). HOT'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.
Bear Stearns (NYSE:BSC - News). BSC's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: BSC, HOT, Hot Stocks, IMCL, Imclone Systems Inc., IOC, KWD, Marvell Technology Group Ltd., MVL, Verigy Ltd., VRGY

Verigy Ltd. was among the few big gainers in Friday's premarket trading session after the chip-testing equipment maker said its sales momentum is accelerating.
Verigy, which is based in Singapore, posted sales of $183 million for the second quarter, down 5 percent from last year, but forecast sales to climb ahead of Wall Street estimates for the current period. The company booked $202 million in orders in the second quarter, a steep increase.
Verigy said its customers ordered more products and the company added new accounts. Much of the increase in orders came from one major customer, which Thomas Weisel Partners analyst Douglas G. Reid said he thinks is Advanced Micro Devices Inc.

Labels: Verigy Ltd., VRGY

Symbol
Name
Last Trade
Change
Volume
Related Info
IDMI
IDM PHARMA INC
3.18 4:00PM ET
0.54 (20.45%)
2,813,722

VRGY
VERIGY LTD.
29.63 4:00PM ET
5.00 (20.30%)
9,013,569

MATH
MATHSTAR, INC.
1.80 3:55PM ET
0.30 (20.00%)
167,482

PME
PREMD INC
1.23 3:32PM ET
0.20 (19.42%)
54,400

ORBC
ORBCOMM INC.
13.84 4:00PM ET
2.22 (19.10%)
2,765,743

QPSA
QUEPASA CORPORATION
5.12 4:00PM ET
0.82 (19.07%)
1,171,140

ABP
ABRAXAS PETRO (NED9
4.25 3:59PM ET
0.65 (18.06%)
2,380,400

ARUN
ARUBA NETWORKS, INC.
17.75 4:00PM ET
2.59 (17.08%)
1,644,454

LGBT
PLANETOUT, INC.
1.39 4:00PM ET
0.20 (16.81%)
161,460

LNUX
SOURCEFORGE INC
4.32 4:00PM ET
0.59 (15.82%)
4,014,460

ADG
ALLIED DEFENSE GROUP
8.03 3:58PM ET
1.09 (15.65%)
58,500
APPAD
AP PHARMA INC NEW
3.00 3:57PM ET
0.40 (15.38%)
9,457

XNN
XENONICS HOLDINGS
2.64 3:59PM ET
0.35 (15.29%)
242,700

SIRT
SIRTRIS PHARMA INC.
12.59 4:00PM ET
1.64 (14.98%)
194,722
ISV
INSITE VISION INC
1.70 3:59PM ET
0.22 (14.86%)
2,214,700

XSI
AMERICAN CARESOURCE
2.09 3:54PM ET
0.27 (14.84%)
43,200
LBIX
LEADING BRANDS
3.34 4:00PM ET
0.42 (14.38%)
448,917

DEVC
DEVCON INTL CP
3.86 3:56PM ET
0.46 (13.53%)
4,140

PRC
PETRO RESOURCES CORP
2.90 4:01PM ET
0.34 (13.28%)
17,900

Labels: ABP, ADG, APPAD, ARBC, ARUN, DEVC, IDMI, ISV, LBIX, LGBT, LNUX, MATH, PME, PRC, QPSA, SIRT, VRGY, XNN, XSI

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Steak 'n Shake (NYSE:SNS - News) matched earnings on Tuesday after the close with $0.27 EPS. SNS's PowerRating is 5.
Abercrombie & Fitch (NYSE:ANF - News) also matched analyst expectations with $1.11 EPS. ANF's PowerRating is 5.
Verigy (NASDAQ:VRGY - News) beat earnings estimates of $0.48 EPS on Tuesday afternoon, announcing $0.56 EPS for last quarter.
Aramark (NYSE:RMK - News) announces earnings Wednesday before the bell; look for $0.50 EPS. RMK's PowerRating is 6.
Tyco (NYSE:TYC - News) reports quarterly earnings early Wednesday; expect $0.49 EPS. TYC's PowerRating is 5.
Daktronics (NASDAQ:DAKT - News) releases earnings Wednesday before the open, with analysts looking for $0.15 EPS. DAKT's PowerRating is 2.
Look for -$0.06 EPS when UGI Corp (NYSE:UGI - News) reports earnings early Wednesday. UGI's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: Abercrombie and Fitch, ANF, Aramark, DAKT, Daktronics, RMK, SNS, Steak 'n Shake, TYC, Tyco, UGI, UGI Corp., Verigy, VRGY