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
Black & Decker (BDK) ($100.00 target)
Blue Nile (NILE)
Bookham (BKHM) ($7.00 target)
Bronco Drilling (BRNC) (guest host Aaron Task) ))))
Celgene (CELG)
Century Aluminum (CENX)
Cisco (CSCO)
Dell (DELL) (guest host Aaron Task) ))))
DRS Tech (DRS)
EDO (EDO)
E M C (EMC)
Eli Lilly (LLY) (guest host Aaron Task) ))))
Foster Wheeler (FWLT) ($60.00 target) *
Genentech (DNA)
Google (GOOG) ($500.00 target)
Grey Wolf (GW) (guest host Aaron Task) ))))
Home Depot (HD) *
Intel (INTC) (guest host Aaron Task) ))))
Lowe’s (LOW) *
Manitowoc (MTW) ($100.00 target)
MEMC Electronics (WFR)
MTR Gaming (MNTG) (guest host Aaron Task) ))))
Nabors Industries (NBR) (guest host Aaron Task) ))))
Peabody Energy (BTU)
Penn National Gaming (PENN) (guest host Aaron Task) ))))
Schering-Plough (SGP) (guest host Aaron Task) ))))
Sherwin-Williams (SHW) *
U.S. Global Investors Resources Fund (PSPFX) (guest host Aaron Task) ))))
URS (URS) *
Washington Group International (WGII) *

Bearish
Alcoa (AA)
Amylin Pharmaceuticals (AMLN)
Bank of America (BAC) (guest host Aaron Task) ))))
Intrado (TRDO)
Johnson & Johnson (JNJ)
Juniper Networks (JNPR)
LeapFrog (LF)
Lucent (LU)
Snap-On (SNA)
Syntroleum (SYNM)
Valero Energy (VLO)
Whole Foods (WFMI)

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 pullback in crude-oil prices, strong earnings from Lowe’s Cos. and an upbeat profit outlook from Verizon Communications enabled investors to shrug off weaker-than-expected housing data. This sparked a broad stock rally with the S&P 500 index closing just below a 4-1/2 year high.

Today, the Dow Jones industrial average closed up 35.70 or 0.3% to 11,097.55, the Standard & Poor’s 500 index closed up 4.69 or 0.4% to 1,294.12, and the Nasdaq composite index closed up 20.14 or 0.9% to 2,307.18.

Market breadth was positive. On the New York Stock Exchange, winners topped losers by more than nine to seven on volume of 1.43 billion shares. On the Nasdaq, advancers topped decliners three to two on volume of 1.75 billion shares.

Certainly falling oil prices played a big role in the day’s advance. Additionally, people think that the economy is doing well, there has been positive geopolitical news out of Iran over the weekend, and the fact that the market for the most part is between earnings reports and Fed meetings. It is evident from the housing data, that some slowing is currently taking place. Sales of new homes in the United States fell 5% in January to a seasonally adjusted annual rate of 1.233 million, the lowest in a year. Economists had been expecting home sales to remain level at about 1.27 million.

Some gainers today included Hewlett Packard (NYSE:HPQ) closed up $1.39 to $33.41, Microsoft (Nasdaq:MSFT) closed up $0.42 to $27.05, Caterpillar (NYSE:CAT) gained $0.80 to $73.50, and Intel (Nasdaq:INTC) closed up $0.16 to $20.52. Walt Disney (NYSE:DIS) gained $0.40 to $28.38, on news that Apple might try and buy out Disney now that Apple founder Steve Jobs has joined Disney’s board and is its biggest individual shareholder. Stock of Apple (Nasdaq:AAPL) closed down $0.47 to $70.99. Lowe’s (NYSE:LOW) closed up $3.78 to $69.30, after reporting higher-than-expected fiscal fourth-quarter earnings. Home Depot closed up $0.82 to $42.45. Verizon Communications (NYSE:VZ) gained $0.25 to $34.06, after the company said that 2006 profits will narrowly beat analysts’ current forecasts.

British utility National Grid (NYSE:NGG) said it will buy natural gas distributor KeySpan for $7.3 billion in cash plus assumed debt of $4.5 billion. Shares of KeySpan (NYSE:KSE) closed lower $0.65 to $40.76. In another news, Armor Holdings, which makes vehicle-armor and other security products said it would buy military truck maker Stewart & Stevenson Services for about $1.1 billion in cash. Shares of Armor (NYSE:AH) closed up $3.67 or 6.6% to $59.13, while shares of Stewart & Stevenson (NYSE:SVC) closed up $7.23 or 27% to $34.33.

Amongst losers, Advanced Energy Industries (Nasdaq:AEIS) closed lower by 7.1% at $14.49. Applied Materials (Nasdaq:AMAT) fell 2.1% at $18.40, Mattson Technology Inc. (Nasdaq:MTSN) lost 4.27% to $11.88, Asyst Technologies (Nasdaq:ASYT) closed lower 1.41% to $9.81, and Lam Research Corp (Nasdaq:LRCX) closed lower 3.11% to $42.39.

Easing of concerns about Iran potentially developing nuclear weapons and reports on progress in talks between Russia and Iran propelled the U.S. light crude oil for April delivery to fall $1.91 to settle at $61 a barrel on the New York Mercantile Exchange. Ample U.S. supplies and overall weakness in petroleum trading sent prices for the April contract to their lowest level in almost a year. Natural-gas futures closed more than 7% lower.

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.

Today’s TV show was a repeat of the show that ran October 4, 2005.

Cramer’s Stock School

Below are some of the points Cramer talked about:

- hold between 5 and 10 stocks and do one hour a week of “homework” or “research”

- listen to conference calls or read the transcripts of those calls

- research the company you are interested in by looking at their filings at http://www.sec.gov

- don’t trade unless you know your entry price, exit price, catalyst and time frame

- stay diversified - don’t hold more than 20% in any single sector

- don’t let a trade turn into an investment

- when you make a little money with a stock, sell some of it. Eventually, you will be playing with the “house’s money”
- admit to yourself when you are wrong, cut your losses and get out of the trade

- read analyst reports about the companies you are watching

- learn exactly how the company you are trading or investing in actually makes money so that when conditions change in that sector you will know how your holding will be affected

Bullish
Chicos (CHS) (guest how Aaron Task) ))))
Google (GOOG) (guest how Aaron Task) ))))
Zumiez (ZUMZ) (guest how Aaron Task) ))))

Bearish
Research in Motion (RIMM) (guest how Aaron Task) ))))

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 were torn between worries about weaker than expected durable-goods orders and an attempted attack on a Saudi oil refinery on the one hand — and a desire to take advantage of investment opportunities on the other hand. The Nasdaq rose and the broader market managed to stabilize after crude oil prices jumped 4% and a number of companies issued disappointing earnings outlooks.

Today, the Dow Jones industrial average closed down 7.37 to 11,061.85, the Standard & Poor’s 500 index closed up 1.64 or 0.1% to 1,289.43, and the Nasdaq composite index closed up 7.72 or 0.3% to 2,287.04. For the week the Dow Jones Industrials fell 0.5% while the S&P 500 and Nasdaq Composite both gained 0.2%.

Market breadth was positive. On the New York Stock Exchange, winners beat losers 19 to 12 as 1.43 billion shares changed hands. On the Nasdaq, advancers topped decliners by nearly 17 to 12 on volume of nearly 1.57 billion shares.

The good sign is that despite higher oil prices, the market ended the week on a positive and this positive momentum could likely continue into early next week. The next week is jammed with economic news such as reads on consumer confidence, new and existing home sales and manufacturing. Market participants seem to be counting on another quarter-point interest rate hike at the next Federal Reserve policy meeting. However, they remain confused about what will happen at the May meeting and when the Fed’s rate-hiking campaign will end. Particularly strong or weak economic news next week could help provide hints.

It is evident that there are many cross currents in the market. Higher oil prices, and an economy that is doing fine which is leading the market to have difficulty in getting outside its trading range in the near term and probably will require an outside event to break out. There continues to be strong buying interest in many individual shares, but there also are significant money flows into mutual funds that short the overall market.

The Commerce Department reported a 10.2% plunge in durable-goods orders for last month, citing weak aircraft orders. This decline, the largest since July 2000, far exceeded the 2.5% drop expected by economists. Aircraft orders fell 68.2% in January after averaging more than three times the normal level from October through December.

Home builders are also growing concerned about an increasing number of cancelled new home orders, which could be a sign of an underlying weakness in the recent run in home prices. This could be the last warning sign that buyers who were turning to real estate as an investment, rather than for their own housing needs, are shifting out of real estate.

Amongst the gainers today, Research in Motion closed up $4.52 or 6.5% to $74.05, after a judge hearing arguments in a patent case opted not to immediately shut down the company’s popular BlackBerry e-mail service, as had been feared. eBay closed up $0.26 to $41.49, Cisco Systems gained $0.13 to $19.85, and JDS Uniphase closed up $0.08 to $3.06.

Amongst losers, GM closed down $0.60 to $19.99, Hewlett Packard closed down $0.35 to $32.02, AT&T closed down $0.37 to $27.57, Dana lost $1.64 or 52% to $1.51, Merge Technologies closed down $4.00 or 21% to $20.50, Gap lost $0.67 or 3.5% to $18.43, Nordstorm closed down $1.72 to $38.30, and H&R Block lost $2.18 or 8.7% to $23.01,after reporting lower quarterly earnings that missed estimates.

U.S. light crude oil for April delivery jumped $2.37 or roughly 3% to settle at $62.91 a barrel on the New York Mercantile Exchange, following reports that suicide bombers had tried to blow up a Saudi oil refinery. The attack was thwarted at the gates of the refinery. Nonetheless, concerns about global supply remained, following unrest and threats to oil supplies in Nigeria and Iran in recent weeks.

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.

Today’s TV show was a repeat of the January 31, 2006 show in which Cramer named the Top Ten American Manufacturers.

Bullish
Boeing (BA) (guest host Aaron Task) ))))
Boeing (BA) *
Caterpillar (CAT) *
Cummins (CMI) *
Deere (DE) *
Dow Chemical (DOW) *
F5 (FFIV) (guest host Aaron Task) ))))
Fluor (FLR) *
Google (GOOG) (guest host Aaron Task) ))))
Ingersoll-Rand (IR) *
Nucor (NUE) *
Tellabs (TLAB) (guest host Aaron Task) ))))
Toyota Motor (TM) *
United Technologies (UTX) *

Bearish
Agere (AGR) (guest host Aaron Task) ))))
Titanium Metals (TIE) (guest host Aaron Task) ))))

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

Rising bond yields and concerns that the Federal Reserve will persist in lifting interest rates lead the markets southwards. The Dow industrials backed off from 4-1/2 year highs that were hit yesterday and glee of yesterday turned to gloom following the increased jobless numbers.

Today, the Dow Jones industrial average closed down 67.95 or 0.6% to 11,069.22, the Standard & Poor’s 500 index closed down 4.88 or 0.4% to 1,287.79, and the Nasdaq composite index closed down 3.85 or 0.2% to 2,279.32.

Market breadth was negative. On the New York Stock Exchange, losers topped winners nine to seven on volume of 1.57 billion shares. On the Nasdaq, decliners topped advancers eight to seven on volume of 1.79 billion shares.

The daily reaction continues with the investors reacting in part to strong economic data, including the jobless claims numbers for the latest week, which may further encourage the Fed to keep lifting rates. The jobless claims report showed a surprisingly large drop in the number of Americans filing new claims for unemployment last week. The strong labor market read was followed by the jump in treasury bonds yield which did not help the market. However, there was a glimmer of good news when Philadelphia Federal Reserve Bank President Anthony Santomero said he sees productivity growth at about 2.5%. It appears to be a foregone conclusion that the central bank will boost short-term interest rates at the next meeting in March. Whether the market can recharge in the short term is unclear. February is a notoriously choppy month on Wall Street, and the major gauges have been hitting up against key technical levels.

Some of the losers today included Merck down $0.51 to $35.41, General Motors closed down $0.60 to $20.59, Hewlett Packard closed down $0.57 to $32.37, and IBM lost $1.15 to $80.20. Stock of Viacom closed down $0.94 to $40.96, after reporting lower quarterly profit and issuing fiscal 2006 earnings guidance below current estimates. Sherwin-Williams closed down $1.15 to $42.05, NL Industries closed down $0.61 to $12.60.

While the Philadelphia Semiconductor index closed down 6.30 or 1.2% to 524.48, Intel gained $0.14 to $20.29. Google closed up $12.58 to $378.07, and Apple Computer closed up $0.43 to $71.75. Stock of Toll Brothers closed up $1.05 to $33.54, after reporting higher-than-expected quarterly earnings and issuing a mostly upbeat 2006 forecast.

U.S. light crude oil for April delivery fell 47 cents to settle at $60.54 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
Affiliated Computer Services (ACS) (guest host Aaron Task) ))))
Agilent (A) (guest host Aaron Task) ))))
Cheesecake Factory (CAKE) *
Chipotle (CMG) *
Cisco Systems (CSCO) (guest host Aaron Task) ))))
Community Health Systems (CYH) (guest host Aaron Task) ))))
Continental Airlines (CAL) (guest host Aaron Task) ))))
Cypress Semiconductor (CY) (guest host Aaron Task) ))))
Darden (DRI) *
Domino’s Pizza (DPZ) *
Dun & Bradstreet (DNB) (guest host Aaron Task) ))))
Embraer-Empresa Brasil De Aero (ERJ) (guest host Aaron Task) ))))
Energy Conversion Devices (ENER) (guest host Aaron Task) ))))
KLA-Tencor (KLAC) (guest host Aaron Task) ))))
Luby’s (LUB) *
Mettler-Toledo International (MTD) (guest host Aaron Task) ))))
Micron Technology ($20 target) (guest host Aaron Task) (MU) ))))
Morton’s (MRT) *
MSCI Japan Index (EWJ) (guest host Aaron Task) ))))
MSCI Pacific ex-Japan (EPP) (guest host Aaron Task) ))))
MSCI South Korea Index (EWY) (guest host Aaron Task) ))))
MSCI Taiwan Index (EWT) (guest host Aaron Task) ))))
Panera Bread (PNRA) *
PCCW (PCW) (guest host Aaron Task) ))))
Starbucks (SBUX) *

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 benign retail inflation report and a drop in crude-oil prices lifted the Dow Jones Industrial Average to its best level in more than 4 1/2 years. The lower Treasury bond yields and a moderate read on inflation helped spark a broad advance.

Today, the Dow Jones industrial average closed up 68.11 or 0.6% to 11,137.17, the Standard & Poor’s 500 index closed up 9.63 or 0.8% to 1,292.67, and the Nasdaq composite index closed up 20.21 or 0.9% to 2,283.17.

Market breadth was positive. On the New York Stock Exchange, winners topped losers two to one on volume of 1.61 billion shares. On the Nasdaq, advancers topped decliners 18 to 11 on volume of 1.85 billion shares.

Today’s market reaction to drop in oil prices and inflation report demonstrates how much the market right now is reacting to the day-to-day events. The tone is set by the Federal Reserve which is reacting to data and so is the market. Investors appear to be scouring the daily economic reads for hints on when the rate hike shall cease.

However, relatively good corporate news this week, and the fact that oil has not risen much since falling below $60 last week, show that the market is ready to bounce back. Long-term interest rates are set to rise because the market, in spite of the latest inflation data, is too optimistic about prospects for keeping inflation under control. While the core CPI rose in line with expectations, the headline consumer prices rose a larger-than-expected 0.7%, led by higher energy, food and housing costs. This gives the Federal Reserve reason to keep lifting key short-term interest rates to keep inflation under control.

Roger Ferguson, the No. 2 official at the Federal Reserve during the final eight years of Alan Greenspan’s tenure, has announced that he has decided to resign from the board of the central bank, effective at the end of April. He had been mentioned as a possible replacement for Greenspan but was passed over in favor of White House economic adviser Ben Bernanke.

The stars were the financials with American Express closing up $0.98 to $54.84, Citigroup gaining $0.71 to $46.88, JP Morgan Chase closing up $0.71 to $41.41, and the Philly/KBW Bank index closing up 2.26 or 2.2% to 107.33. Merck closed up $0.33 to $35.92, and Pfizer closed up $0.55 to $26.19. Boeing closed up $1.34 to $74.39, and Honeywell gained $0.61 to $42.03. The Dow Jones Home Construction index closed up $35.43 or 4% to $930.00, and the Philadelphia Semiconductor ended up 7.01 or 1.3% to 530.78.

The most prominent loser today was Intel that closed down $0.47 or 2.3% to $20.15. The stock was downgraded by ThinkEquity to “sell” from “accumulate”. The brokerage said Intel is losing market share — especially in servers — and could be hurt by pricing cuts that it will likely pursue in order to counter the losses in market share.

On the New York Mercantile Exchange, the benchmark April crude contract ended down $1.73 at $61.01 a barrel ahead of Thursday’s release of weekly domestic supply data. Analysts expect the report to show the nation well supplied with oil and petroleum products.

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) *
BHP Billiton BHP) *
Cameco CCJ) *
Caterpillar CAT) *
Check Point Software CHKP) (guest host Aaron Task) ))))
Freeport-McMoRan FCX) *
Joy Global JOYG) *
Manitowoc MTW) *
Nabors NBR) (guest host Aaron Task) ))))
Phelps Dodge PD) *
Rio Tinto RTP) *
Southern Copper PCU) *
Terex TEX) *

Bearish
Lucent LU) (guest host Aaron Task) ))))

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 sharp rise in oil prices and a disappointing profit forecast from Wal-Mart put investors in a bearish mood and lead the markets southwards. Investors backed out of equities amid worries about rising interest rates, falling tech stocks and slower corporate earnings growth.

Today, the Dow Jones industrial average closed down 46.26 to 11,069.06, the Standard & Poor’s 500 index closed down 4.20 to 1,283.04, and the Nasdaq composite index closed down 19.40 or 0.9% to 2,262.96.

Market breadth was negative. On the New York Stock Exchange, losers topped winners 17 to 15 on volume of 1.54 billion shares. On the Nasdaq, decliners topped advancers 19 to 11 on volume of 1.77 billion shares.

The over 2% rebound in oil prices amidst militant attacks in Nigeria raised concerns about inflation and higher interest rates. Such worries increased following the release of leading economic indicators as well as the minutes from the last Federal Reserve monetary policy meeting. The minutes indicated that central bankers believed that they are near the end of the rate-hiking campaign, but that future hikes will depend on data and inflation expectations. This was taken to be slightly more hawkish than the recent Fed speak. What they are basically saying is that we will have another 25 basis point hike in March and maybe one in May.

Tomorrow the CPI would be released and is expected to have risen 0.5% after having fallen 0.1% in December. The “core” CPI is expected to have risen 0.2% after rising 0.2% in December. A hefty rise at the core rate would upset stocks investors, especially after last week’s jump in the producer price index (PPI).

In another important news, President Bush strongly defended a deal that would let a United Arab Emirates-based company run six key U.S. seaports. While critics cite a potential security threat arguing the UAE was a finance center for 9/11 terrorists, the State Department said the deal has nothing to do “with the responsibility for security in American ports.

Today was the day of chip stocks slump. They slid and dragged the Philadelphia Semiconductor index down 11.64 or 2.2% to 523.77. Losers included Micron Technology down $0.57 to $16.08, KLA-Tencor down $1.53 to $51.00, Linear Technology down $0.60 to $36.44, Hewlett Packard down $1.56 to $32.51, and Microsoft closed down $0.16 to $26.54.

Wal-Mart Stores closed down $0.36 to $45.74, after the leading retailer issued new fiscal year earnings guidance that was short of forecasts.

U.S. light crude oil jumped $1.22 to settle at $61.10 a barrel on the New York Mercantile Exchange. This gain of 2% set the commodity above $60 a barrel, a relevant psychological level. Oil stocks benefited from the jump in oil prices and the Philadelphia Oil Service sector index gained 3.8 percent.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter