Jim Cramer Blog

On Tuesday’s show, Cramer focused on green stocks that are good investments. Cramer reviewed his green picks from back in April to see how they had done since then.
Shaw Group (SGR): It is up 143% from about $30 to $74 since April.
Foster-Wheeler (FWLT): It is up 99% since April and had great earnings last quarter.
BorgWarner (BWA): It is up 38% since April, and Cramer thinks it will go higher because it has an increasing backlog.
OM Group (OMG): This is the only stock that is down since April, falling 5%. Cramer thinks the stock has started to bounce back from its lows already.
First Solar (FSLR): The stock has climbed 171% and Cramer is still bullish, but wants you to wait until after it reports earnings on Wednesday before buying more.
Fuel Tech (FTEK): This stock is up 35%, but guided down after reporting earnings Tuesday morning.
MEMC (WFR): This stock is up 20% since April and Cramer thinks the company will grow 52% over the next two years.
Tatra Tech (TTI): It is up 14% since April, and Cramer thinks it will keep going up slowly but steadily.
Cramer thinks every one of these stocks will go higher, and thinks that going green is good for business.
Cramer then went to the phone lines. The first caller asked about Zoltek (ZOLT), and Cramer said that although he recommended this stock a while ago he pulled out because he thought he was getting greedy. He now thinks this stock will keep going up. The second caller asked about BP (BP), and Cramer doesn’t think you can own this company because of its green initiatives. The next caller asked about SunPower (SPWR) and Cypress (CY), and Cramer said that Cypress is safer, but he likes both stocks.
The CEO of Wells Fargo (WFC) was on the show to talk about their alternative energy investments and positions, as well as the prospects. Cramer said this is the only banking stock he wants you to buy.
“Am I Diversified?”
The first email asked about UBS (UBS), and Cramer said that he has messed up with every financial pick he had made recently, and thinks you should wait until the stock hits $45 before you buy. The next email asked about Oceaneering International (OII), and Cramer said he didn't like the most recent earnings call. The next email asked if the recent investment in Tesoro (TSO) by Kirk Keorkian's was a bet that oil will drop, and Cramer said that could be right, but that TSO could drop if oil prices decline. The final email asked about lululemon (LULU), and Cramer said he wants nothing to do with the stock since it has gone up so much.

Labels: BP, BWA, CY, FSLR, FTEK, FWLT, Jim Cramer, Mad Money, OII, OMG, SGR, SPWR, TTI, UBS, WFR, ZOLT

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.
Eaton Vance (NYSE:EV - News). EV's PowerRating (for Traders) is 7.
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.
Crocs (NasdaqGS:CROX - News). CROX's PowerRating (for Traders) 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.
Dominion Resources (NYSE:D - News). D'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.
Zoltek Companies (NasdaqGM:ZOLT - News). ZOLT's PowerRating (for Traders) 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.
Arcelor Mittal (NYSE:MT - News). MT's PowerRating (for Traders) 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.
Allstate Corporation (NYSE:ALL - News). ALL'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.
NovaStar Financial (NYSE:NFI - News). NFI's PowerRating (for Traders) is 1.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ALL, CROX, D, EV, Hot Stocks, MT, ZOLT

LCA-Vision Inc. (NasdaqGS:LCAV - News) reported fourth-quarter earnings of $7.1 million, or 34 cents a share, up from a year-ago profit of $6.6 million, or 30 cents a share. Revenue jumped 26% in the latest three months to $58.8 million from $46.8 million a year ago. The Cincinnati-based provider of laser vision correction services also said it's increased its quarterly dividend by 50% to 18 cents a share from 12 cents. Looking ahead, LCA-Vision forecast earnings of $2.05 to $2.15 a share for 2007 on revenue growth of 20% to 25%.
Lions Gate (NYSE:LGF - News) reported third-quarter net earnings of $20.5 million, or 17 cents a share, compared with $3.14 million, or 3 cents a share, in the same period last year, driven by revenue from the company's "Saw III" and "Employee of the Month" films.
Loews Corp. (NYSE:LTR - News) reported consolidated net income of $746.5 million, or $1.11 a share, for the fourth quarter, up from a year-ago equivalent profit of $127.6 million, or 8 cents a share. This performance includes contributions from both Loews Group and Carolina Group, whose net income rose to $137.1 million, or $1.26 per Carolina Group share, in the quarter, from $81.6 million, or $1.11 a share, a year earlier. On a continuing operations basis, Loews earned $633.4 million, or $1.15 per share, in the latest quarter. Loews attributed its higher earnings to improved results at CNA Financial , its 89%-owned subsidiary, and Diamond Offshore Drilling , its 54%-owned subsidiary.
Municipal Mortgage & Equity LLC (NYSE:MMA - News) said it knows of no reason why recent trading in the stock has resulted in a decrease in price. Since Monday, shares of the real estate debt and equity financing concern have dropped almost 15%. MuniMae management noted that it is not engaged in sub-prime or any other single family mortgage lending activities, and that its outlook for the multifamily rental sector is positive.
Novelis was in focus after the company agreed to be acquired by Hindalco Industries Ltd. in a deal worth $6 billion, including debt assumption. The consideration values Novelis at $44.93 a share.
OmniVision (NasdaqGS:OVTI - News) unveiled a 5.17 megapixel auto-focus camera module for mobile handsets based on its OV5623 CameraChip sensor. The company also unveiled its TrueFocus camera with Wavefront Coding technology for the mobile handset market.
Onyx Pharmaceuticals (NasdaqGM:ONXX - News) soared after the company and Bayer (NYSE:BAY - News) said a Phase 3 trial of Nexavar to treat advanced liver cancer was closed early due to a positive outcome. Bayer and Onyx will stop the trial and allow all patients enrolled in this trial access to Nexavar. Given that there are limited approved systemic therapies for this disease, the companies will continue discussions with health authorities worldwide, including the U.S. Food and Drug Administration and European health authorities regarding the next steps in filing for approval for the treatment in advanced liver cancer. Nexavar is currently approved in nearly 50 countries, including the United States and in the European Union, for the treatment of patients with advanced kidney cancer.
Shares of Panera Bread Co. (NasdaqGS:PNRA - News) edged higher after Raymond James upgraded the bakery-café chain to strong buy from outperform, citing valuation. The company reported Friday fourth-quarter earnings that rose over year-earlier levels but fell shy of expectations, according to Thomson Financial, and provided an outlook that was slightly below forecasts. Analyst Bryan Elliott noted that the stock traded up most of the day before turning lower at the close. "We believe that that this reflects intermediate and longer-term capital that has been on the sideline waiting for 2007 guidance to be released," Elliott said in a research note. "We believe there is sufficient interest from this class of investor to keep Panera Bread under accumulation for at least the next several months."
R.H. Donnelly (NYSE:RHD - News) was upgraded to overweight from neutral at J.P. Morgan.
Smithfield Foods (NYSE:SFD - News) was upgraded to outperform from market perform at Wachovia Securities. The firm cited expectations about the benefits of recent acquisitions.
Southwest Airlines (NYSE:LUV - News) was upgraded to outperform at Bear Stearns.
Triple Crown Media Inc. (NasdaqGM:TCMI - News) said it swung to a fiscal second-quarter net profit of $418,000, or 8 cents a share. The company, which owns and operates local newspapers and runs a collegiate marketing business offering sports marketing services, reported a loss of $802,000 or 16 cents a share in the year-earlier quarter. Revenue for the quarter jumped to $48.1 million from $12.3 million, driven by the acquisition of the marketing business from Bull Run Corp.
Vodafone Group (NYSE:VOD - News) agreed to acquire Hutchison Telecom's (NYSE:HTX - News) 67% stake in Indian mobile operator Hutchison Essar for $11.1 billion and the assumption of $2 billion in debt.
WCI Communities (NYSE:WCI - News) said it's retained Goldman Sachs to assist it in identifying ways to increase shareholder value. The Bonita Springs, Fla. homebuilder said that it expects to generate $1 billion in free cash flow in 2007, and will look at asset sales to help reduce debt. Once the balance sheet is improved, the company will review strategic alternatives, including possible share repurchases are a sale of the company.
Witness Systems' (NasdaqGS:WITS - News) shares rallied after the company agreed to be acquired by Verint Systems (Other OTC:VRNT.PK - News), a unit of Comverse Technology (Other OTC:CMVT.PK - News), for $27.50 a share, or roughly $950 million.
Zoltek Cos. (NasdaqGM:ZOLT - News) shares rose after the St. Louis-based materials reported a fiscal first-quarter net loss of $5.66 million, or 23 cents a share. The quarter included a charge of $8.4 million related to convertible debt and warrant issuances. In the same quarter last year, the company posted net earnings of $6.29 million, or 3 cents a share. Revenue rose to $30.3 million from $15.6 million.
Published By Michael Baron of MarketWatch

Labels: BAY, CMVT, HTX, LCAV, LGF, LTR, LUV, MMA, ONXX, OVTI, PNRA, RHD, SFD, TCMI, VOD, VRNT, WCI, WITS, ZOLT

Bullish calls:
Schlumberger (NYSE: SLB - News): 'I'm steering people toward SLB.'Transocean (NYSE: RIG - News): ' ... that's the cheapest international driller, now that SLB has run so much. That's a better buy.'Companhia Vale do Rio Doce (NYSE: RIO - News)Allegheny Technologies (NYSE: ATI - News)Wachovia (NYSE: WB - News): 'This is a 4% yielder with decent growth. Good quarter today. You know I like the regional banks. I say it's okay. I prefer BNS.'Bank of Nova Scotia (NYSE: BNS - News): ' I prefer BNS [to WB].'Ford (NYSE: F - News)Marvell Technology (NASDAQ: MRVL - News): 'I am going to recommend - even at the price of perhaps a shortfall near term - MRVL. I think that's one down and 10 up. That's my gift to you.'Charles Schwab (SCHW): 'SCHW's good. ETFC's good. AMTD's good. They all trade more expensively, though, than the full-service brokers.'Ameritrade (NASDAQ: AMTD - News)E*Trade (NASDAQ: ETFC - News)Goldman Sachs (NYSE: GS - News): 'I have been recommending GS. The stock's been down for two days and, you know what? (motions to back up the truck for a 'mon-back) - even that short of time, and I want to buy GS, because I'm using a $300 price target and it's one of my stock picks of the year - my value stock pick...'Johnson Controls (NYSE: JCI - News)Adobe Systems (NASDAQ: ADBE - News): 'I think ADBE is unfairly being brought down. I think ADBE is right here ... I'd like to buy this one for my charitable trust. That's how great I think it is down here ... It's a triple buy. Buy, buy, buy! ... I want you to stay with it.'@Road (NASDAQ: ARDI - News): ' Good speculative play on the net. I like it, I'll endorse it.'Darden Restaurants (NYSE: DRI - News): 'Yes! That's a well-run company!'
Bearish calls:
Talisman Energy (NYSE: TLM - News): 'I don't want to be in TLM. I want to be in RIG.'Zoltek (NASDAQ: ZOLT - News): ' I don't like ZOLT. I think it's played out. We recommended it on this show at $12. When it doubled, we took our profits. And I'm not going back. I do not want to own ZOLT.'Syntax-Brillian (NASDAQ: BRLC - News): 'No can do, my friend. That's like hamburger helper. I'd rather go for the real thing; I'd rather go for the filet mignon [MRVL].'Fuel-Tech (NASDAQ: FTEK - News): 'I like pollution control stories somewhat ... I'm concerned that this is one of those 'State of the Union' plays, where it drops down tomorrow, so let's take profits today.'Visteon (VC)SAIC (NYSE: SAI - News): 'There is a sense that the consulting companies that report to the government for military purposes aren't doing well ... I think that SAI - which I liked a little too much, I now say - is just 'don't buy, don't buy' ... New position for me - new negativity.'Evergreen Solar (NASDAQ: ESLR - News): 'Another one of these (bear)... I am not going to countenance any of these solar plays with energy going down!'Baker Hughes (NYSE: BHI - News): 'BHI has a decent product portfolio, but RIG* is the name of the game ... because it's an international driller. 'Complete Production Services (NYSE: CPX - News): 'No, we're going to RIG.'
Published by SeekingAlpha

Labels: ADBE, AMTD, ARDI, ATI, BNS, BRLC, DRI, ETFC, F, GS, JCI, Jim Cramer, Mad Money, MRVL, RIG, RIO, SLB, TLM, WB, ZOLT

American Italian Pasta Co. (NYSE:PLB - News) said the New York Stock Exchange is planning to move forward with the suspension and delisting of the company's common stock following its failure to meet certain filing requirements by an extended deadline. The company expects trading in its stock to be suspended on Dec. 20. It plans to appeal the move. The shares will be eligible for trading on the Pink Sheets following the suspension. American Italian Pasta also said it expects to file its annual report for the fiscal year ended Sept. 30, 2005 by the end of January. The company also said it believes price increases for its products will not fully offset the negative impact of higher durum costs in fiscal 2007.
Affymetrix Inc. (NASDAQ:AFFX - News) shares sagged after its chief financial officer, Greg Schiffman, left to take the same position at cancer-focused biotechnology company Dendreon Corp.
Apple Computer Inc. (NASDAQ:AAPL - News) shares dipped after the company said Friday it will delay its annual report for the fiscal year ended in September. The company has also delayed filing its last two quarterly financial reports amid an internal probe into the backdating of employee stock option grants.
Asta Funding (NASDAQ:ASFI - News) was downgraded to market perform from outperform at Ryan, Beck & Co. The firm lowered its price target on the stock to $34 from $50, citing a lack of valuation catalysts.
Avery Dennison (NYSE:AVY - News) was downgraded to neutral from overweight at J.P. Morgan.
Biopure Corp. (NASDAQ:BPUR - News) shares tumbled after the FDA's blood products advisory committee recommend against proceeding with the Navy's proposed Phase III study of Hemopure, the company's pre-hospital treatment for hemorrhaging shock resulting from traumatic injury.
Black & Decker Corp. (NYSE:BDK - News) shares plunged after the tool maker said a slowdown in the housing market and weakening demand for discretionary goods will pose stiff headwinds in the coming year.
California Micro Devices Corp. (NASDAQ:CAMD - News) backed its third-quarter results outlook of a range of a loss of 2 cents a share to earnings of 1 cent a share. The company also confirmed its revenue outlook of $16.5 and $18.5 million.
Conolog (NASDAQ:CNLG - News) shares lost ground after the Somerville, N.J., provider of digital signal processing products posted a loss from continuing operations of $710,613, or 41 cents a share, for its fiscal first quarter ended Oct. 31. This performance was a wider loss than last year as product revenue fell 32% in the latest quarter to $127,661 from $187,938 a year ago.
Dendrite International Inc. (NASDAQ:DRTE - News) said it sees fourth-quarter revenue of $107 to $112 million, with a per-share loss of 23 cents to 35 cents. The company expects 2007 revenue of $430 million to $445 million, and per-share income of 43 to 51 cents.
Encana (NYSE:ECA - News) was downgraded to sell from hold at Citigroup Investment Research. The firm cited cost run-ups and concerns about the quality of the company's portfolio.
Enzo Biochem Inc. (NYSE:ENZ - News) said it plans to sell 3.3 million common shares at $14 each in a registered direct offering to institutional investors. Enzo, a New York health-care research compay said it expects to raise $43.1 million from the offering. The company said it plans to use the money for general corporate purposes, including potential acquisitions, clinical research and development, and the development of product candidates.
Genta Inc. (NASDAQ:GNTA - News) shares plunged after the Food and Drug Administration rejected its application seeking approval for its experimental blood cancer treatment, Genasense.
Illinois Tool Works (NYSE:ITW - News) lowered its outlook for the fourth quarter to a profit of between 72 and 74 cents a share from its prior projection of 77 to 81 cents a share. The company cited lower than expected base revenue growth and anticipated continuing weakness in North America end markets in December. The current average estimate of analysts polled by Thomson First Call is for a profit of 78 cents a share in the December period. For the year, the company now sees earnings of $2.96 to $2.98 a share, below its previous view of $3.01 to $3.05 a share. It expects base revenue growth of 1.8% to 2.4% for the fourth quarter and 3.7% to 3.8% for the year.
International Rectifier (NYSE:IRF - News) was downgraded to neutral from buy at UBS.
Navistar International Corp. (NYSE:NAV - News) said worldwide shipments of its school buses, Class 6-7 medium trucks and Class 8 heavy trucks rose 14% to 147,400 units in 2006 from 129,600 units shipped in 2005. The company also said it shipped 11,000 Class 4-5 small bus and stripped chassis units for the motor home and step-van markets in 2006, and that its diesel engine shipments totaled 519,700 engines for the year, down slightly from 522,600 engines shipped in 2005. The company also added that it's made significant progress on completing the previously disclosed restatement of certain historical financial statements and that it doesn't plan to comment on 2006 results until the statements are finished. It anticipates it won't complete the restatement until after Feb. 1. Navistar added that it's been informed that the New York Stock Exchange plans to suspend trading in its stock by Dec. 20 and begin delisting procedures. The company plans to contest these actions by the exchange.
Optical Communication Products (NASDAQ:OCPI - News) shares slumped after the Woodland Hills, Calif.-based maker of fiber optic components late Thursday reported a fiscal fourth-quarter net loss of $1.4 million, or a penny a share. In the same quarter last year, the company posted a net profit of $1.57 million, or a penny a share. Revenue rose to $19.1 million from $14.8 million. Optical Communication expects revenue of $80 million to $90 million for fiscal 2007, and a "significant" gross margin decline in the first half of fiscal 2007 when compared with the fourth quarter, with the potential for "modest quarter-to-quarter improvements later in the year." The company announced separately that Chief Technology Officer Muoi Van Tran and Chief Financial Officer Susie Nemeti, company founders, will resign. Tran will continue to serve as chairman.
Penn National Gaming (NASDAQ:PENN - News) has reportedly launched a bid for the far larger Harrah's Entertainment (NYSE:HET - News), competing with a private group that is already trying to buy the gambling giant.
PRA International (NASDAQ:PRAI - News) was downgraded to neutral from buy at Goldman Sachs. The move follows the company's announcement late Thursday that Patrick Donnelly has resigned as president and CEO, effective immediately. The company named Terrance Booker to serve as interim CEO, and said Melvin Booth would succeed Jean-Pierre Conte in the chairman role. PRA also said it now expects earnings of $1.08 to $1.11 a share for 2006, including a charge of 5 cents a share related to Donnelly's resignation and a charge of 2 cents a share stemming from a debt write-off. It also narrowed its service revenue outlook for the year to between $300 million and $305 million.
ProQuest Co. (NYSE:PQE - News) agreed to sell its ProQuest Informantion and Learning unit to Cambridge Information Group for about $222 million.
Sturm, Ruger & Co. (NYSE:RGR - News) was downgraded to accumulate from strong buy at C.L. King.
Tektronix Inc. (NYSE:TEK - News) said second-quarter net earnings fell, as selling, general and administrative expenses rose, to $19.6 million, or 24 cents a share, from $19.9 million, or 24 cents a share, during the same period in the prior year. For the third quarter, Tektronix sees sales of $275 to $285 million, and earnings per share from continuing operations of 34 cents to 39 cents, before items such as acquisition and business realignment costs.
United American Healthcare Corp. (NASDAQ:UAHC - News) shares fell after the Detroit-based provider of healthcare services for Medicaid recipients said late Thursday it has raised $6.5 million through the sale of 1 million newly issued shares to institutional investors for $6.50 each. The deal also included warrants to buy 100,000 shares at an exercise price of $8.50 each, expiring in December 2011. United American said the proceeds will be primarily be used for start-up costs associated with the its Tennessee subsidiary's new Medicare Advantage contract with the Centers for Medicare & Medicaid Services.
VistaCare Inc. (NASDAQ:VSTA - News) said its fourth-quarter net loss widened to $10.9 million, or 66 cents a share, from $5.1 million, or 31 cents a share, in the same period last year. Excluding a non-cash valuation allowance of $8.3 million, per-share earnings were 16 cents.
Zoltek Cos. (NASDAQ:ZOLT - News) shares dropped after the St. Louis-based maker of carbon fibers late Thursday reported a fiscal fourth-quarter net loss of $22.9 million, or 89 cents a share, compared with $11.1 million, or 61 cents a share, in the year-ago period. The latest quarter included $23.1 million of litigation charges. Revenue rose to $23.8 million from $14.9 million. Analysts polled by Thomson First Call had forecast revenue of $31.3 million. The company expects fiscal first-quarter revenue of more than $30 million. Analysts are looking for revenue of $37.1 million. Zoltek also said it will delay the filing of its fiscal 2006 10-K in order to complete documentation and other arrangements related to the funding of an appeal bond for its litigation.
-MarketWatch

Labels: AAPL, AFFX, ASFI, AVY, BDK, BPUR, CAMD, CNLG, DRTE, ECA, ENZ, GNTA, ITW, OCPI, PENN, PLB, TEK, UAHC, VSTA, ZOLT

With the latest figures from the jobs report representing a sturdier than thought economy and a “just right” wage number, a March rate cut now appears less likely [fed funds futures @ 36%]. One place investors are sure not to get the coveted policy shift is in Tuesday’s FOMC meeting. It’s the last time in 2006 that economic watchdogs will be able to gather clues as how the Fed sees the economy. A statement that offers up the opinion of inflation remaining elevated or still a concern, but an expectation for lower prices as the manufactured slow down is proceeding as planned, is thought somewhat likely. If Tuesday’s FOMC doesn’t offer clarity, one way or the other, investors will have Friday’s CPI data to look forward too. That report will offer evidence as to whether inflation at the consumer level has afforded the spending public the opportunity to whip out the Capital One (COF), MasterCard (MA) or plunk down some cash worth less and less these days as evidenced by the deteriorating US Dollar. In general and sans the Fed offering a fresh message, the CPI report will have its work cut out for it. The last month has been full of mixed economic signals as to how strong or weak the manufactured slowdown is, so extra importance might be seen as being attached to that data. Black Gold (USO) pushed lower by -2.67% this past week, easing some concerns over pressure at the pump and heating up those McMansions. However, the commodity and its derivative contracts are just off two-month highs. As such, technical strength could quickly lead to fresh angst for investors. Potential catalysts and the focus of many traders include OPEC’s Thursday meeting [production cut expected], further escalations of civil unrest in Nigeria and any changes, for better or worse, for winter weather forecasts. This week offers up a light schedule of earnings names, but in the other ‘profit-engine’ of the financial sector, the Broker / Dealer ($XBD) group is well-represented. Goldie (GS), Lehman (LEH) and Bear (BSC) all report during the five day period. As a group that’s synonymous with being a market bellwether and those names all near All-Time-Highs, traders can expect those stocks to be in play this week. Monday Economic: Wholesale Inventories (.6%)Earnings: Analogic (ALOG), Verint (VRNT), Spartech (SEH), Source Interlink (SORC)TuesdayEconomic: Treasury Balance (-63.5B), FOMC Policy StatementEarnings: Goldman (GS), Best Buy (BBY), Martek (MATK), Cooper (COO), ADC Telco (ADCT)Wednesday Economic: Retail Sales / ex Auto (.2%, .3%), Business Inv (.5%), Weekly CrudeEarnings: Zoltek (ZOLT) ThursdayEconomic: Import / Export Prices, Weekly Claims (320K)Earnings: Beacon Roof (BECN), Bear Stearns (BSC), Lehman (LEH), Pier 1 (PIR), Winnebago (WGO) Adobe (ADBE), Quiksilver (ZQK), Tektronix (TEK), VistaCare (VSTA)Friday: Economic: CPI & Core (.2%, .2%), Empire State (20), Ind Prod & Cap Util (.2%, 82.2%)Earnings: N/A

Labels: ADBE, ALOG, BBY, BECN, BSC, COF, COO, GS, LEH, MA, MATK, PIR, SEH, TEK, USO, VRNT, VSTA, WGO, ZOLT, ZQK