Traders-Blog.com

We have done our best to record the calls for you, but remember that the show is fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the show, where his comments about the stocks often include advice about entry and exit points.

Bullish
Acadia Pharmaceuticals (ACAD) *
Accredited Home Lenders (LEND) ))))
Altria (MO) ))))
Ameritrade (AMTD) ))))
Anglo America (AAUK) *
Apple (AAPL)
Apple (AAPL) ))))
Broadcom (BRCM) ($66.20 target)
Broadcom (BRCM) ))))
Callaway Golf Co. (ELY) ($17/$18 target)
Carnival (CCL) *
Chesapeake Energy (CHK)
Conexant (CNXT) ))))
ConocoPhillips (COP)
Costco (COST) ($55 target)
Dril-Quip (DRQ) ($60 target)
E*Trade (ET) ))))
Energy Conversion Devices (ENER) ))))
Fisher Scientific (FSH)
Florida Rock (FRK)
Gardner Denver (GDI) ))))
GlobalSantaFe (GSF) ))))
Goldcorp (GG) *
Halliburton (HAL) ))))
Harris (HRS)
Hexcel (HXL)
Marvell Tech (MRVL) ))))
Nabors (NBR) ($100 target)
NMT Medical (NMTI) ($100 target) *
Olin (OLN)
Pan American Silver (PAAS) *
Perini (PCR) ))))
Quantum Fuel Systems Technologies (QTWW) ))))
Rediff (REDF) *
Royal Caribbean Cruises (RCL) *
Schlumberger (SLB) ))))
Suncor Energy (SU)
Symantec (SYMC)
Trinity Industries (TRN) *
Wal-Mart (WMT)
Whole Foods (WFMI)
Wright Medical Group (WMGI) ($21 target)
Zoltek (ZOLT)

Bearish
99 Cents Only Stores (NDN)
EGL (EAGL)
Empire Resources (ERS) ))))
Encysive Pharmaceuticals (ENCY)
GMX Resources (GMXR)
Jacuzzi Brands (JJZ)
Juniper Networks (JNPR)
Kopin (KOPN)
SigmaTel (SGTL) ))))
United Natural Foods (UNFI)

All stocks called during Lightning Round on Mad Money TV show except:
* discussed on the Mad Money TV show
)))) discussed on the RealMoney Radio show

Having trouble writing down all of Cramer’s picks?
Free daily recap newsletter to your inbox

Caution ahead of the Federal Reserve meeting on interest rates kept a lid on the major indexes today. While investors eyed a rise in oil prices, Treasury bond yields and geared up for Tuesday’s Federal Reserve meeting; the markets remained relatively flat. The stars today were Exxon Mobil Corp. after record-setting earnings, and General Motors Corp. whose bankers sought bidders for the company’s financing arm.

Today, the Dow Jones industrial average closed down 7.29 to 10,899.92, the Standard & Poor’s 500 index closed up 1.48 to 1,285.20, and the Nasdaq composite closed up 2.55 to 2,306.78.

Market breadth was negative. On the New York Stock Exchange, losers narrowly beat winners on volume of 1.67 billion shares. On the Nasdaq, decliners narrowly topped advancers 16 to 15 on volume of 1.94 billion shares.

While investors welcomed earnings from Exxon and other upbeat corporate news, the persistent increase in oil prices, and concerns about tomorrow’s Fed meeting kept the markets steady. This is the last meeting, led by Chairman Alan Greenspan and it is expected that he would boost the Fed funds rate by a quarter-percentage point to 4.5 percent. If he hints that the rate-hiking campaign is nearly over, the market may jump in joy. However, many of the recent economic data have been upbeat, and the central bank may not be ready to pause just yet. Some analyst feel that irrespective of the Fed decision tomorrow, the market may be due for a pullback. They opine that it is a bit overbought right now and may need to consolidate.

The corporate ‘trial of the century’ that of the Enron CEO started today with the selection of 4 men and 8 women for jury. It is four years since Enron became the largest bankruptcy in corporate history, that cost employees and investors billions of dollars. Its founder and former chief executive will finally get their day in court.

The Democratic attempt to a filibuster of Supreme Court nominee Samuel Alito was defeated 72-25. This all but assures Alito’s appointment to the high court. The vote would be tomorrow, just hours before President Bush’s State of the Union address.

The economic data has been encouraging. U.S. consumer spending revived at the end of the year, and rose 0.9% in December. Personal incomes increased 0.4% in December. Inflationary pressures eased. The core personal consumption expenditure price index rose 0.1% in December after 0.2% gains the previous four months. In the past 12 months, the core PCE price index has increased 1.9%, just inside the Fed’s comfort zone of 1% to 2%.

The star today, Exxon Mobil Corp. set U.S. records for annual and quarterly profits. It reported net income in the fourth quarter of $10.7 billion, compared to $8.4 billion a year earlier. For the year the company earned net income of $36.1 billion, up 31% from the $25.9 billion it earned last year. The stock closed up $1.82 or 3% to $63.11.

Amongst gainers, Apple Computer closed up $2.97 to $75.00, Juniper Networks closed up $0.82 to $18.30, and SanDisk closed up $2.91 to $66.29. All these shares had slid last week. Wal-Mart closed up $0.57 or 1.2% to $46.41, and Fairmont Hotels gained $0.45 to $44.27, after saying it was being bought by investment groups Kingdom Hotels International and Colony Capital for $3.9 billion. Shares of USG closed up $15.93 or 20% to $95.78, after it said it reached a nearly $4 billion settlement to resolve asbestos-related claims.

On Tuesday is an important OPEC meeting. In anticipation, U.S. light crude oil for March delivery rose 59 cents to $68.35 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the show is fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the show, where his comments about the stocks often include advice about entry and exit points.

Bullish
Allegheny Technologies (ATI) ))))
Allegheny Technologies (ATI)
Apple (AAPL) ))))
Archipelago Holdings (AX) *
Automatic Data Processing (ADP)
Baker Hughes (BHI) (target $100)
Bentley Pharmaceuticals (BNT)
Broadcom (BRCM) ))))
Cemex (CX) ))))
Concur Technologies (CNQR) *
CVS (CVS) *
Cypress Semiconductor (CY) (target $20)
Cypress Semiconductor (CY) ))))
Fidelity Contrafund (FCNTX) ))))
Goodyear Tire (GT)
Halliburton (HAL) (target $100)
KLA- Tencor (KLAC) ))))
Manulife Financial (MFC) ))))
Marvell Technology (MRVL) ))))
MetLife (MET) ))))
Microsoft (MSFT) (target $30)
Nasdaq Stock Market (NDAQ) *
NMT Medical (target $100)(NMTI) *
Novellus (NVLS) ))))
Prudential Financial (PRU) ))))
Rambus (RMBS) (target $40)
Rediff (REDF)
Saks (SKS) (target $26)
Sony (SNE)
Tanger Factory Outlet Centers (SKT) ))))
Toyota (TM)
Under Armour (UARM) ))))
Wendy’s (WEN)

Bearish
Abercrombie & Fitch (ANF)
American Technology (ATCO) ))))
Broadcom (BRCM) *
Capstone’s (CPST) ))))
Charles & Colvard (CTHR)
Chipotle Mexican Grill (CMG) ))))
Computer Sciences (CSC)
Cooper Tire (CTB)
Enterprise Bancorp (EBTC) ))))
International Securities Exchange (ISE) *
Komag (KOMG)
Multi-Color (LABL) ))))
Napster (NAPS) ))))
Pacific Sunwear (PSUN)
SatCon Technology (SATC) ))))
Skyworks Solutions (SWKS)
Varian Semiconductor (VSEA) ))))
Walgreen (WAG) *
Wipro (WIT)

All stocks called during Lightning Round on Mad Money TV show except:
* discussed on the Mad Money TV show
)))) discussed on the RealMoney Radio show

Having trouble writing down all of Cramer’s picks?
Free daily recap newsletter to your inbox

Investors continued to welcome strong earnings and ignore spiking oil prices as markets kept on the upward track. This wrapped up a solid week of gains for the market after strong earnings reports from Microsoft, Procter & Gamble, Caterpillar and others reassured investors about the strength of the earnings period.

The Dow Jones industrial average closed up 97.74 points or nearly 0.9% to 10,907.21, the broader Standard & Poor’s 500 index closed up 9.89 points to 1,283.72, and the Nasdaq composite index gained 21.23 points or 0.9% to 2,304.23. For the week, the Dow gained 2.25%, the S&P gained 1.8% and the Nasdaq rose by 2.5%.

Market breadth was positive and volume was robust. On the New York Stock Exchange, winners beat losers 2 to 1 on volume of 1.93 billion shares. On the Nasdaq, advancers beat decliners by more than 17 to 12 on volume of 2.37 billion shares. The stock market was up four days out of five this week as it recovered from last Friday’s rout, which saw the Dow tumble more than 200 points.

It is reported that the GDP grew at an annual rate of 1.1% percent in the fourth quarter, the slowest pace of growth in three years. This seemingly negative report, is a strong indicator that the slower economic growth will mean the Fed can end its rate-hiking campaign sooner rather than later. The track for the market next week is pretty much dependent on what the Federal Reserve says at its interest-rate policy meeting on Tuesday. Overall, it is felt that the advance can continue as a lot of enthusiasm has returned to the market.

The movers today included Microsoft, Procter & Gamble and Pfizer. Shares of Microsoft shot up 4.9% to $27.79 on a strong fiscal second-quarter performance. The company reported that its quarterly profit rose almost 6% as revenue climbed more than 9%. Stock of Procter & Gamble shot up $0.98 to $59.80, on reporting quarterly earnings that topped analysts’ estimates. Pfizer shot up $0.97 or 4% to $26.02, after the FDA said that it approved its inhaled treatment for diabetes.

Shares of Wal-Mart Stores Inc. fell 48 cents to $45.84 after J.P. Morgan downgraded the retail giant to neutral from overweight. Additionally, it also stated its preference of Target Corp., which it upgraded to overweight from neutral. Target shares were up 27 cents at $54.17.

The world’s largest steelmaker Mittal Steel has launched an unsolicited $22.7 billion bid for Luxembourg’s Arcelor. This made stock of MT surge upwards to $34.26. The merger of the two companies would produce a giant with annual revenue of $70 billion.

Crude futures rose after the U.S. said it is prepared to increase pressure on Iran over its nuclear program, sparking concern in the energy pits over possible disruptions to the oil-rich country’s exports. The Hamas win in the Palestinian elections also unsettled investors as it raised the possibility of further instability in the Middle East. The benchmark March contract ended up $1.50 at $67.76 a barrel. On the week, crude fell 1.1%.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the show is fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the show, where his comments about the stocks often include advice about entry and exit points.

Bullish
ABB (ABB)
Allegheny Technologies (ATI) ))))
Amgen (AMGN) ))))
Birch Mountain Resources (BMD)
Boeing (BA) ))))
Cal Dive International (CDIS)
Caterpillar (CAT) ))))
Cephalon (CEPH) ))))
Conexant (CNXT) ))))
Corning (GLW)
CVS (CVS) *
Dynegy (DYN)
E*trade Financial (ET)
Eagle Materials (EXP) *
First Cash Financial Services (FCFS) *
Grey Wolf (GW)
Hershey (HSY) ))))
JDSU (JDSU) ))))
KLA-Tencor (KLAC)
Lyondell (LYO) *
Marvell (MRVL)
Mirant (MIR)
Motorola (MOT) ))))
Neurocrine Biosciences (NBIX)
Omnova Solutions (OMN) *
OptionsXpress (OXPS)
Qualcomm (QCOM) ))))
Sears Holdings (SHLD)
Tellabs (TLAB) ))))
Textron (TXT) ))))
UnitedHealth Group (UNH)
Urban Outfitters (URBN)
Walgreen (WAG) *

Bearish
AT&T (T) ))))
Bebe Stores (BEBE)
BellSouth (BLS) ))))
Cree (CREE)
LTX (LTXX)
Pier 1 Imports (PIR)
Progress Energy (PGN)
SanDisk (SNDK)
Six Flags (PKS)
Symmetricom (SYMM) ))))
Verizon (VZ) ))))
WiderThan (WTHN) ))))

All stocks called during Lightning Round on Mad Money TV show except:
* discussed on the Mad Money TV show
)))) discussed on the RealMoney Radio show

Having trouble writing down all of Cramer’s picks?
Free daily recap newsletter to your inbox

Strong quarterly results from several Dow components led by Caterpillar and Honeywell International boosted confidence and led the stocks to close higher. Investors scooped up a bevy of tech and financial shares. The upbeat tone enabled investors to set aside rising oil prices, high bond yields and disappointing results from General Motors and others.

Today, the Dow Jones industrial average closed up 99.73 or 0.9% to 10,809.47, the broader Standard & Poor’s 500 index closed up 9.15 or 0.7% to 1,273.83, and the Nasdaq composite index closed up 22.35 or 1% to 2,283.00.

Market breadth was positive and volume was robust. On the New York Stock Exchange, winners beat losers seven to four on volume of 2.07 billion shares. On the Nasdaq, advancers topped decliners by more than two to one on volume of 2.44 billion shares.

Coupled to the good earning reports was good news on the economic front with durable goods orders and jobless claims coming in a little better than expected. Orders for U.S. made durable goods rose 1.3% in December against the expected 0.5%. Jobless claims in the latest week rose 11,000 to 283,000. This is against the expected increase to 305,000.

While next week’s Federal Reserve policy-setting meeting and January employment reports could throw stock investors a curveball, overall, many factors are in place that are likely to support stocks at least in the short term. Decent result from companies, and the return of tech, is a good indicator of business spending. Investors appear to be accepting that earnings growth this year will be modest but still be good, and therefore, stock valuations remain compelling.

It is reported that Sen. John Kerry will attempt a filibuster to stop Judge Samuel Alito becoming a Supreme Court justice. He has support from Sen. Edward Kennedy but some senior Democrats are worried the move could backfire. The filibuster is a procedural move that extends Senate debate indefinitely. This effectively prevents senators from voting, and Republicans believe they will have enough votes to prevent a filibuster.

Amongst gainers today, Caterpillar closed up $3.10 or 5% to $65.17, Honeywell closed up $1.35 or 3.7% to $37.41, and AT&T gained $0.30 or 1.2% to $25.51, all on reported quarterly earnings that surpassed Wall Street’s forecasts. Verizon closed up $0.30 or 1% to $31.68, after reporting quarterly earnings that fell from a year earlier, but were in line with estimates. However, GM reported a loss of $4.8 billion in the quarter and the stock closed down $0.80 or 3.4% to $23.05. Other gainers on the Dow included Alcoa up $1.04 to $30.78, Boeing up $1.81 to $68.72, Merck up $0.76 to $33.95, Citigroup up $0.78 to $47.01, JP Morgan Chase closing up $1.11 to $39.59.

The tech rally today was fueled by gains in semiconductors, software and Internet shares. All 19 components of the Philadelphia Semiconductor Index gained to take it up 15.01 or 2.9% to 536.54. Novellus Systems gained $1.96 or 7% to $29.88, after reporting higher quarterly earnings that beat estimates.

Taking some off the sheen off the rally was a rise in oil prices. U.S. light crude oil for March delivery increased 41 cents to settle at $66.26 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the show is fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the show, where his comments about the stocks often include advice about entry and exit points.

Bullish
Advanced Micro Devices (AMD) ))))
Alkermes (ALKS) ))))
Allegheny Technologies (ATI) ))))
Altria (MO)
Amerada Hess (AHC)
American Express (AXP) ))))
Apple (AAPL) ))))
Applebee’s (APPB)
Australia & New Zealand Banking Group (ANZ) ))))
Bancolombia (CIB) ))))
Caterpillar (CAT) ))))
CBS (CBS)
Chesapeake Energy (CHK)
Coldwater Creek (CWTR) ))))
Distributed Energy Systems (DESC)
Edge Petroleum (EPEX)
Eni (E)
Google (GOOG) ))))
Google (GOOG) *
Grant Prideco (GRP)
Halliburton (HAL) *
Honeywell (HON) ))))
International Game Technology (IGT)
JDSU (JDSU)
Legg Mason (LM) ))))
Matrix Initiatives (MTXX) ))))
Occidental Petroleum (OXY)
OccuLogix (RHEO)
Palm (PALM) ))))
Papa John’s (PZZA) ))))
Peabody Energy (BTU)
Rediff (REDF) ))))
Reliance Industries (Bombay Stock Exchange) *
Salesforce.com (CRM)
SAP (SAP)
Sirenza Microdevices (SMDI) *
STMicroelectronics (STM) *
Suncor (SU) *
TD Ameritrade (AMTD)
Texas Instruments (TXN)
Ultra Petroleum (UPL) ))))
UnitedHealth (UNH) ))))
Valero Energy (VLO) ))))
Walgreen (WAG) ))))
Whole Foods (WFMI) ))))
Willbros Group (WG) *
XM Satellite Radio (XMSR) *

Bearish
Aflac (AFL)
Disney (DIS)
EnCana (ECA)
Maidenform Brands (MFB)
Novell (PANC)
Progressive Gaming International (PGIC)

All stocks called during Lightning Round on Mad Money TV show except:
* discussed on the Mad Money TV show
)))) discussed on the RealMoney Radio show

Having trouble writing down all of Cramer’s picks?
Free daily recap newsletter to your inbox

A rise in long-term interest rates and weaker-than-expected housing data outweighed a drop in crude-oil prices and some solid earnings reports. However, technology stocks dominated volume after the bell with shares of Qualcomm Inc., Juniper Networks Inc. and InfoSpace Inc. stacking the session’s top-five most-actively traded slots.

Today, the Dow Jones industrial average closed down 2.48 to 10,709.74, the Standard & Poor’s 500 index closed down 2.18 or 0.2% to 1,264.68, and the Nasdaq composite index closed down 4.60 or 0.2% to 2,260.65.

Market breadth was negative. On the New York Stock Exchange, losers eclipsed winners by 18 to 15 on volume of 1.92 billion shares. On the Nasdaq, decliners beat advancers by 16 to 13 on volume of 2.24 billion shares.

Investors reacted to a steep selloff in Treasury prices and that drove up the corresponding yields. The sell-off was likely a reaction to a lackluster two- year note sale. The bond market selloff, some negative earnings over the last few days and the poor housing report today have not helped improve investor confidence. However, the only positive today was that oil came down. While everyone expects a gradual slowdown in housing, they don’t want it to go too fast, and that’s causing agitation.

The biggest news today was the sell-off of Guidant. Boston Scientific is the winner to buy Guidant in a $27.2 billion cash-and-stock deal that ends a two- month bidding war with rival suitor Johnson & Johnson. However, stock of all three companies closed down with Boston Scientific down $0.46 to $23.54, Guidant down $1.59 to $75.19, and Johnson & Johnson closing down $0.86 to $58. 50.

Shares of Walt Disney slipped down $0.55 to $25.44, on announcement that it was buying Pixar in a $7.4 billion deal. Disney shares slipped more than 2%, while Pixar shares gained under 1%. McDonald’s lost $0.69 to $35.16, Exxon Mobil closed down $0.75 to $60.21, and housing stocks stumbled with the Dow Jones Home Construction index closing down $22.66 or 1.8% to $930.76.

Amongst gainers, Bristol-Myers Squibb closed up $0.64 or 3% to $21.97, on announcing that it earned 31 cents per share, up from a year ago and beyond Wall Street’s forecasts. RF Micro Devices closed up $1.01 or 16% to $7.38, after reporting higher third-quarter earnings that beat estimates. CheckFree gained $7.37 or 17% to $51.79, after reporting higher quarterly earnings and revenue that topped forecasts. AT&T gained $0.55 to $25.21, Verizon gained $0. 49 to $31.38, Caterpillar closed up $0.72 to $62.07, and General Motors closed up $0.80 to $23.85, all ahead of their quarterly earnings reports.

US light crude oil for March delivery fell $1.21 to settle at $65.85 a barrel on the New York Mercantile Exchange. Oil prices had lifted off their lows shortly after the release of the weekly oil inventory report at 10:30 a.m. ET, but then took a slide. That report showed a surprise decline in crude supplies and a rise in distillates.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the show is fast moving, and sometimes Cramer bangs on the sell! sell! sell!, bull roar, train wreck, suicide jump, hallelujah chorus, backing up truck, creepy house of pain voice, machine gun, fanfare, toilet flush, all aboard, applause, cash register, bear growl, bowling pins, and submarine diving alarm buttons all at once, while he is screaming.

Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the show, where his comments about the stocks often include advice about entry and exit points.

Bullish
Accredited Home Lenders (LEND)
Altria (MO) ))))
American Express (AXP)
Amgen (AMGN)
Anglo American (AAUK) ))))
Best Buy (BBY) ))))
BHP Billiton (BHP)
BHP Billiton (BHP) ))))
BJ Services (BJS) ))))
Broadcom (BRCM) ))))
Dean Foods (DF) *
Diamond Offshore (DO)
Energy Conversion Devices (ENER) *
EOG Resources (EOG)
Genesis Microchip (GNSS)
Goldcorp (GG) ))))
Groupe Danone (DA) *
Hansen Natural (HANS) ))))
HDFC Bank (HDB) *
Hudson’s Bay (Toronto Stock Exchange) ))))
ICICI Bank (IBN) *
InBev (Belgium Stock Exchange) *
Intel (INTC) ))))
JDSU (JDSU) ))))
Koor Industries (KOR) ))))
Kyocera (KYO) ))))
Matsushita Electric Industrial (MC) ))))
Medicis Pharmaceutical (MRX) ))))
Mine Safety Appliances (MSA)
Morgan Stanley Eastern Europe Fund (RNE) ))))
Motorola (MOT) ))))
Nabors (NBR) ))))
NeoPharm (NEOL)
Netflix (NFLX) *
Palm (PALM)
Qualcomm (QCOM) ))))
Rambus (RMBS) *
Rediff.com India (REDF) *
Rio Tinto (RTP)
Rio Tinto (RTP) ))))
Sirenza Microdevices (SMDI) ))))
Texas Instruments (TXN) ))))
Toyota (TM) ))))
TrustCo Bank (TRST)
Vanguard Precious Metals and Mining (Mutual Fund) ))))

Bearish
AES (AES)
Audible (ADBL)
Baidu.com (BIDU) ))))
BellSouth (BLS)
DuPont (DD) ))))
HealthExtras (HLEX) ))))
Hecla Mining (HL) ))))
International Game Technology (IGT)
iRobot (IRBT)
Johnson & Johnson (JNJ) ))))
Lear (LEA)
Martek Biosciences (MATK) *
Newmont Mining (NEM) ))))
Pain Therapeutics (PTIE)
SulphCo (SUF)
Umpqua Holdings (UMPQ)

All stocks called during Lightning Round on Mad Money TV show except:
* discussed on the Mad Money TV show
)))) discussed on the RealMoney Radio show

Having trouble writing down all of Cramer’s picks?
Free daily recap newsletter to your inbox

A pull back in oil prices and some solid earnings from Dow components United Technologies and McDonald’s saw the stocks rise today. However, the revenue shortfalls from Johnson & Johnson and Texas Instruments served to remind investors what a bumpy ride the fourth-quarter earnings season has been so far.

Today, the Dow Jones industrial average closed up 23.45 to 10,712.22, the broader Standard & Poor’s 500 index closed up 3.04 to 1,266.86, and the Nasdaq composite index closed up 16.78 or 0.8% to 2,265.25.

Some good earnings helped the market recover from the spate of bad news from Citibank, GE and a bunch of others last week. While fears about weaker earnings have not been quelled, the negative reaction last week to some of the earnings news was probably stronger than it should have been. After the steep sell off, investors are now willing to step back into equities.

The biggest after closing news was that Mickey Mouse and Nemo are now corporate cousins. Walt Disney announced that it is buying Pixar, in a deal worth $7.4 billion. This includes $6.3 billion in stock plus $1.1 billion of the computer animation specialist’s cash. Pixar shareholders will get 2.3 shares of Disney stock for every Pixar share they own. That amounts to $59.77 a share.

On earning announcements, United Technologies closed up $1.98 to $56.45, McDonald’s gained $0.14 to $35.85, Johnson & Johnson lost $1.83 or 3% to $59.36, and DuPont closed down $0.29 to $39.26. 3M slipped down $1.50 to $74.20, after reporting higher earnings and sales that were short of forecasts. American Express closed up $1.38 or 2.7% to $52.82, after reporting higher quarterly earnings that topped estimates. Stock of Lexmark International closed up $5.18 to $51.08, after reporting sharply lower fourth-quarter profit that nonetheless beat analysts’ forecasts. Shares of Coach closed up $2.82 to $34.89, after it posted higher quarterly earnings and revenue.

Falling oil prices also provided support. U.S. light crude oil for March delivery fell $1.04 to settle at $67.06 a barrel on the New York Mercantile Exchange after OPEC member Saudi Arabia offered to pump more to make up for an outage in Nigeria.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter