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We have done our best to record the calls for you, but remember that the shows are 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 shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Agilent (A) (Lightning Round)
AK Steel (AKS) (Lightning Round)
Akamai Technologies (AKAM) (Mad Money – Fast and Furious)
Andersons (ANDE) (Lightning Round)
ATI Technologies (ATYT) (Realmoney Radio)
Avanex (AVNX) (Realmoney Radio)
BHP Billiton (BHP) (Lightning Round)
Boeing (BA) (buy again at $75.00) (mentioned on Stop Trading)
Broadcom (BRCM) (Realmoney Radio)
Brocade Communications (BRCD) ($10.00 target) (Lightning Round)
Cardinal Health (CAH) (Lightning Round)
Caterpillar (CAT) (mentioned on Mad Money)
Cedar Fair (FUN) (Lightning Round)
Cemex (CX) (Realmoney Radio)
Ceradyne (CRDN) (Lightning Round)
Chaparral Steel (CHAP) (Lightning Round)
Ciena (CIEN) (Realmoney Radio)
Cisco (CSCO) (Realmoney Radio)
Citrix (CTXS) (Mad Money – Fast and Furious)
Coca-Cola Femsa (KOF) (Realmoney Radio)
Commerce Bancorp (CBH) (Realmoney Radio)
Conexant (CNXT) ($5.00 target) (Lightning Round)
Conexant (CNXT) (Realmoney Radio)
Corning (GLW) (buy at $15) (Realmoney Radio)
Crystallex International (KRY) (Realmoney Radio)
Eagle Materials (EXP) (Lightning Round)
F5 Networks (FFIV) (Mad Money – Fast and Furious)
Finisar (FNSR) (Realmoney Radio)
Goldcorp (GG) (Realmoney Radio)
H&E Equipment Services (HEES) (featured on Mad Money)
Hewlett-Packard (HPQ) (Lightning Round)
Homex (HXM) (Realmoney Radio)
International Game Technology (IGT) (Lightning Round)
JDS Uniphase (JDSU) (Realmoney Radio)
Legg Mason (LM) (Lightning Round)
Limited (LTD) (Realmoney Radio)
Manitowoc Co. (MTW) (featured on Mad Money)
Martin Marietta (MLM) (mentioned on Stop Trading)
Martin Marietta Materials (MLM) (Lightning Round)
Martin Marietta Materials (MLM) (Realmoney Radio)
merica Movil (AMX) (Realmoney Radio)
Mindspeed Technologies (MSPD) (Realmoney Radio)
Mitsubishi UFJ (MTU) (mentioned on Stop Trading)
Motorola (MOT) (Realmoney Radio)
Movado (MOV) (featured on Mad Money)
MRV Communications (MRVC) (Realmoney Radio)
Network Appliance (NTAP) (Mad Money – Fast and Furious)
Nokia (NOK) (Realmoney Radio)
Nvidia (NVDA) (Realmoney Radio)
Oregon Steel (OS) (Lightning Round)
Qualcomm (QCOM) (Realmoney Radio)
Rackable Systems (RACK) (Mad Money – Fast and Furious)
Rinker (RIN) (mentioned on Stop Trading)
Rinker Group (RIN) (Realmoney Radio)
Shuffle Master (SHFL) (Lightning Round)
Skyworks Solutions (SWKS) (Realmoney Radio)
Sotheby’s (BID) (Realmoney Radio)
Terex (TEX) (mentioned on Mad Money)
Texas Industries (TXI) (Lightning Round)
TJX’s (TJX) (Realmoney Radio)
Trinity Industries (TRN) (Lightning Round)
United States Steel (X) (Lightning Round)
UnitedHealth (UNH) (mentioned on Stop Trading)
UnitedHealth Group (UNH) (Lightning Round)
Vulcan Materials (VMC) (Lightning Round)
Vulcan Materials (VMC) (mentioned on Stop Trading)
Vulcan Materials (VMC) (Realmoney Radio)
Wheeling-Pittsburgh (WPSC) (Lightning Round)

Bearish
Amkor Technology (AMKR) (Lightning Round)
Applied Materials (AMAT) (Lightning Round)
Encysive Pharmaceuticals (ENCY) (Lightning Round)
Exploration Co. of Delaware (TXCO) (Lightning Round)
FreightCar America (RAIL) (Lightning Round)
Mikohn Gaming (PGIC) (Lightning Round)
Montpelier Re (MRH) (Lightning Round)
Multi-Fineline Electronix (MFLX) (Realmoney Radio)
Six Flags (PKS) (Lightning Round)
Sony (SNE) (Realmoney Radio)
Tidewater (TDW) (Lightning Round)

Having trouble writing down all of Cramer’s picks?
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Higher interest rates and inflation fueled concerns about corporate borrowing costs, and this took most blue-chip stocks Southwards. While the markets once again tried to push to new highs for the indices, the rally stalled and higher bond yields may be weighing on the minds of investors.

Today, the Dow Jones industrial average closed down 65.00 or 0.6% to 11,150.70, the broader Standard & Poor’s 500 index closed down 2.64 or 0.2% to 1,300.25, and the Nasdaq composite index closed up 3.04 to 2,340.82, closing at a fresh nearly five-year high.

Market breadth was mixed. On the New York Stock Exchange, losers beat winners nine to seven on volume of 1.61 billion shares. On the Nasdaq, decliners and advancers were narrowly mixed as 2.19 billion shares changed hands.

On the economic front, the U.S. economy grew at a 1.7% annualized rate in the fourth quarter, up from an initial estimate of 1.6%. However, the gross domestic purchases price index, an inflation gauge, increased 3.7% annualized. While investors took the weak number in stride, due to recent signs that the economy has rebounded strongly in the first quarter; the inflation gauge is a cause for concern.

The advance today ran into trouble as the rise in bond yields picked up fresh steam. Yields have been rising since the Fed started boosting rates and said that more rate hikes may be needed. The combination of rising bond yields, rising oil prices and a jump in gold and copper all put pressure on stocks, especially the blue chips. There are worries that the Fed will be forced to tighten more to quash inflation. The fear is that they tighten so much that it hurts the economy and hurts corporate profits. However, the decline today was lower than the gains yesterday and this is a positive aspect.

The biggest loser today was General Motors that slipped down $1.09 or nearly 5% to $21.06. The company is close to selling a majority stake in its GMAC finance unit to an investor group led by Cerberus Capital, and is discussing selling its stake in Isuzu Motors. However, it is opined that any deal for the finance unit would not be enough to return GMAC to the investment-grade status.

Stock of Google closed down $6.54 or 1.6% to $388.44, after the Internet search giant filed with regulators to periodically sell up to 5.3 million shares of stock. The company stated that it was making more shares available to the marketplace in an effort to absorb the demand from index funds following the company’s inclusion into the S&P 500.

The Nasdaq Stock Market closed down 4.3% to $40.06, after dropping its $4.2 billion bid for the London Stock Exchange after failing to win the recommendation of the U.K bourse. The stock of fell LSE ended 6.8% lower in London trading.

Vonage, a company the is hemorrhaging money, may be trying to shop itself to a larger telecom firm. While it filed to go public nearly two months ago it has yet to file any amended registration statements with the SEC. This has led to speculation about whether Vonage might be looking to sell out instead. This might affect the price of the share in the near future.

U.S. light crude oil for May delivery jumped 70 cents to $67.15 a barrel on the New York Mercantile Exchange on supply concerns ahead of the summer driving season. The U.N. Security Council unanimously adopted a “presidential statement” late on Wednesday calling on Iran to freeze its uranium enrichment work. However, Tehran has rejected this demand and traders are worried the dispute could result in a disruption of crude shipments from Iran.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the shows are 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 shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Acadia Pharmaceuticals (ACAD) (mentioned on Mad Money)
Advanced Micro Devices (AMD) (Realmoney Radio)
Akamai Technologies (AKAM) (Realmoney Radio)
Amgen (AMGN) (Lightning Round)
Apple (AAPL) (Lightning Round)
Aqua America (WTR) (mentioned on Mad Money)
Archer Daniels Midland (ADM) (mentioned on Mad Money)
Avanex (AVNX) (Realmoney Radio)
BHP Billiton (BHP) (Realmoney Radio)
Bookham (BKHM) (Lightning Round)
Bookham (BKHM) (Realmoney Radio)
Broadcom (BRCM) ($50.00 target) (Lightning Round)
Ciena (CIEN) (Lightning Round)
Ciena (CIEN) (Realmoney Radio)
Conexant Systems (CNXT) (Lightning Round)
Dynamic Materials (BOOM) (Lightning Round)
Endo Pharmaceuticals (ENDP) (mentioned on Mad Money)
F5 Networks (FFIV) (Realmoney Radio)
Finisar (FNSR) (Lightning Round)
Finisar (FNSR) (Realmoney Radio)
Halliburton (HAL) (mentioned on Mad Money)
Headwaters (HW) (Lightning Round)
Houston Exploration (THX) (Lightning Round)
JDSU (JDSU) (Lightning Round)
JDSU (JDSU) (Realmoney Radio)
KFx (KFX) (Lightning Round)
Level 3 Communications (LVLT) ($7.00 target) (Lightning Round)
Marvell (MRVL) (Lightning Round)
Matsushita Electric Industrial (MC) (Lightning Round)
Mindspeed Technologies (MSPD) (Realmoney Radio)
Novartis (NVS) (Lightning Round)
NYSE (NYX) (Realmoney Radio)
Oakley (OO) (mentioned on Mad Money)
Occidental Petroleum (OXY) (Realmoney Radio)
Pain Therapeutics (PTEI) (mentioned on Mad Money)
Penwest Pharmaceuticals (PPCO) (featured on Mad Money)
PepsiCo (PEP) (Lightning Round)
Qualcomm (QCOM) ($54.00 target) (Lightning Round)
Rackable Systems (RACK) (Lightning Round)
Rackable Systems (RACK) (mentioned on Stop Trading)
Rackable Systems (RACK) (Realmoney Radio)
Radiant Systems (RADS) (Lightning Round)
Radvision (RVSN) (Lightning Round)
Roper Industries (ROP) (featured on Mad Money)
Sanofi-Aventis (SNY) (Lightning Round)
Sasol (SSL) (Lightning Round)
Seagate Technology (STX) (Lightning Round)
Seagate Technology (STX) (mentioned on Mad Money)
Sony (SNE) (Lightning Round)
Symantec (SYMC) (Lightning Round)
TD Ameritrade Holding (AMTD) (mentioned on Mad Money)
Toyota (TM) (Realmoney Radio)
United Technologies (UTX) (Lightning Round)
Valero Energy (VLO) (mentioned on Mad Money)
Websense (WBSN) (Lightning Round)
Western Digital (WDC) (Lightning Round)
Whirlpool (WHR) (Lightning Round)
XM Satellite Radio (XMSR) (Lightning Round)
Yahoo! (YHOO) (mentioned on Stop Trading)

Bearish
Brigham Exploration (BEXP) (Lightning Round)
ConocoPhillips (COP) (mentioned on Mad Money)
General Motors (GM) (Realmoney Radio)
Google (GOOG) (Lightning Round)
Google (GOOG) (mentioned on Stop Trading)
Ivanhoe Mines (IVN) (mentioned on Mad Money)
Secure Computing (SCUR) (Lightning Round)
Southwest Water (SWWC) (mentioned on Mad Money)
Symbol Technologies (SBL) (mentioned on Mad Money)
XM Satellite Radio (XMSR) (could climb to $23.00) (Lightning Round)

Having trouble writing down all of Cramer’s picks?
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Nasdaq reaching its best finish in five years as stocks rallied after investors decided that the prior-session’s Fed-inspired sell-off was overdone. Investors went in for across-the-board bargain-hunting, with the Nasdaq remaining a bit ahead of the other two indices.

Today, the Dow Jones industrial average closed up 61.16 or 0.6% to 11,215.70, the broader Standard & Poor’s 500 index closed up 9.66 or 0.8% to 1,302.89, and the Nasdaq composite index closed up 33.32 or 1.5% to 2,337.78. This is the highest level for the Nasdaq since February 2001.

Market breadth was positive. On the New York Stock Exchange, winners beat losers by 3 to 1 on volume of 1.57 billion shares. On the Nasdaq, advancers topped decliners by more than 11 to 4 on volume of 2.42 billion shares.

Today, the investors considered the fact that yesterday’s Fed statement was pretty positive overall and showed little change from the January statement. While worries are still in place about the threat of inflation and the possibility of the Fed “overshooting” or raising rates so much that it starts to slow the economy; these are at best second-half worries. Those who believe in the growth story of the economy, have to believe the growth story in stocks that we are seeing today.

It is expected that the economic growth in the first quarter could be the silver cloud with the dark lining. In the aftermath of a sluggish fourth-quarter performance, many economists are expecting a growth rate of 5% or more. The growing GDP could prompt the Fed’s to keep raising the interest rates, to 5.25% – which may be too far.

Shares in Dow component General Motors Corp closed down $0.60 or 2.6% to $22.15, after the it filed its delayed annual report with the U.S. SEC. The company said it would restate financial results for its GMAC financing unit from 2003 through to the third quarter of 2005. This is aimed at tidying up bookkeeping problems at GMAC that might otherwise scuttle a possible stake sale as well as ease pressure on GMAC’s credit rating.

Morgan Stanley upgraded Sun Microsystems and the stock closed up $0.22 or 4.6% to $5.25. Morgan Stanley upgraded the network computing company two notches to overweight from underweight, citing the financial benefits of an expected cost-cutting effort.

Shares in Boeing Co. rose 2.1% to $79.18 after the company won an airplane order worth $4 billion at list prices. The company said the General Electric Co’s, GE Commercial Aviation Services has put in a firm order for 30 Boeing Next-Generation 737s., with an option to buy 30 more. This continues the Cinderella story for Boeing and Airbus.

Stock of 3M, closed up 1.6% at $77.56 after Merrill Lynch raised its recommendation on the diversified industrial company to buy from neutral. It stated that the company’s overseas exposure means it is poised to benefit from faster international economic expansion.

Shares in Accenture closed down $1.79 or 6% to $29.11, after the company reported a drop in quarterly profit due to a $450 million pre-tax provision it took related to contracts with the UK’s National Health Service. Its fiscal second-quarter net income slumped 67% over year-ago levels.

Crude-oil futures finished higher after investors weighed a Department of Energy report showing a rise in weekly U.S. crude supplies, against the biggest drawdown in gasoline stocks since August 2003. The benchmark May contract closed up 38 cents at $66.45 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 shows are 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 shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Altria (MO) (Lightning Round)
Apple (AAPL) (Lightning Round)
Arena Resources (ARD) (mentioned on Mad Money)
Banco Bradesco (BBD) (Realmoney Radio)
Bear (BSC) (mentioned on Stop Trading)
Broadcom (BRCM) (Realmoney Radio)
Broadwing (BWNG) (Lightning Round)
CACI International (CAI) (Realmoney Radio)
Carrizo Oil & Gas (CRZO) (mentioned on Mad Money)
Ciena (CIEN) (mentioned on Stop Trading)
Cimarex Energy (XEC) (mentioned on Mad Money)
Diebold (DBD) (Realmoney Radio)
Energy Partners (EPL) (mentioned on Mad Money)
Fifth Third Bancorp (FITB) (Lightning Round)
Flir Systems (FLIR) (Lightning Round)
Flir Systems (FLIR) (Realmoney Radio)
GameStop (GME) ($50.00 target) (Lightning Round)
Goldcorp (GG) (Lightning Round)
Goldman (GS) (mentioned on Stop Trading)
Houston Exploration (THX) (mentioned on Mad Money)
Insteel Industries (IIIN) (Lightning Round)
JDSU (JDSU) (mentioned on Stop Trading)
Lehman (LEH) (mentioned on Stop Trading)
Leucadia National (LUK) (Lightning Round)
Level 3 (LVLT) (mentioned on Stop Trading)
Level 3 Communications (LVLT) (Lightning Round)
Marvell Tech (MRVL) (Realmoney Radio)
Mindspeed (MSPD) (mentioned on Stop Trading)
Motorola (MOT) (Realmoney Radio)
Oakley (OO) (featured on Mad Money)
OSI Systems (OSIS) (Lightning Round)
Palm (PALM) (Lightning Round)
Powerwave (PWAV) (Realmoney Radio)
Smithfield Foods (SFD) (featured on Mad Money)
Starbucks (SBUX) (mentioned on Mad Money)
Tata Motors (TTM) (Lightning Round)
TD Ameritrade (AMTD) (Lightning Round)
Toyota Motor (TM) (Lightning Round)
Turkcell (TKC) (Realmoney Radio)
UnitedHealth Group (UNH) (Lightning Round)
Yahoo! (YHOO) (Lightning Round)

Bearish
Alkermes (ALKS) (Lightning Round)
ConAgra Foods (CAG) (mentioned on Mad Money)
Dell (DELL) (Realmoney Radio)
General Maritime (GMR) (Lightning Round)
Hansen (HANS) (mentioned on Mad Money)
Intel (INTC) (Realmoney Radio)
Intuitive Surgical ()(ISRG) (mentioned on Mad Money)
Multi-Fineline Electronix ()(MFLX) (mentioned on Mad Money)
NovaGold Resources ()(NG) (Lightning Round)
Oplink (OPLK) (mentioned on Stop Trading)
Rediff.com (REDF) (Lightning Round)
Under Armour (UARM) (Lightning Round)
Yum! Brands (YUM) (mentioned on Mad Money)

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

The Federal Reserve raised interest rates and added skids to the market. Investors were further disappointed by the signals that further increases may be on the way. While the quarter-percentage point rate hike was expected, indication that the rate-hiking campaign is not over yet is what started the downhill trend.

Today, the Dow Jones industrial average closed down 95.57 or 0.8% to 11,154.54, the broader Standard & Poor’s 500 index closed down 8.38 or 0.6% to 1,293.23, and the tech-heavy Nasdaq composite index closed down 11.12 or 0.55 to 2,304.46.

Market breadth was negative. On the New York Stock Exchange, losers beat winners 21 to 11 on volume of 1.56 billion shares. On the Nasdaq, decliners topped advancers by 18 to 11 on volume of 2.04 billion shares.

The 15th increase in a row was as expected. It was in the statement that the bankers went into greater detail than in recent statements about the health of the economy in the first quarter after a rough fourth quarter, and about the impact of higher energy prices and other inflationary factors. What mattered was the part of the statement that hints at future policy. This still stated that some further firming “may be needed.” The market was concerned with the signal of continued hikes as well as the fact that the Feds underplayed the slowing of economic growth last quarter. The statement also did not discuss the housing market or the yield curve.

It has been reported that the Citigroup Inc. and the National Bank of Greece are battling to win control of a Turkish bank. Should Citigroup secure control of Finansbank in a deal expected to be valued at more than $5 billion, it would mark the company’s biggest transaction since Chuck Prince became chief executive. However, Citigroup shares ended the day down 4 cents at $47.60.

The Wall Street Journal reported that Lucent Technologies Inc. and France’s Alcatel SA are moving toward a plan to allay potential U.S. security concerns by placing some of Lucent’s most sensitive defense-related research under control of a separate board composed only of Americans. This however, led Lucent shares to close down 4 cents at $3.04. U.S. listed shares of Alcatel rose 1 cent to $15.44.

General Motors said it is laying off several hundred employees as part of its plan to bring its ailing North American operations back to profitability. The automaker is expected to announce more job cuts later in the year. Shares of General Motors Corp. closed down 18 cents or 0.8% at $22.75. This news came amid media reports that it’s planning to file its delayed annual report and that its board is expected to meet this week to discuss the potential sale of its GMAC financing arm.

The biggest losers in the market today were the tech and financial shares. Some of these included Hewlett Packard that closed down $1.04 or 3% to $32.07, AIG closed down $1.12 to $66.03, American Express closed down $0.79 to $52.57, and JP Morgan closed down $0.55 to $41.56.

U.S. light crude oil for May delivery rallied $1.91 or over 3% to settle at $66.07 a barrel on the New York Mercantile Exchange. The rise is attributed to fears of supply problems in Nigeria, Iraq, Iran; and the industrial disruptions in Europe adding to the increasing pressure.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

We have done our best to record the calls for you, but remember that the shows are 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 shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Acadia Pharmaceuticals (ACAD) (Lightning Round)
Alcatel (ALA) (Realmoney Radio)
Allegheny Technologies (ATI) (Realmoney Radio)
Applied Micro Circuits (AMCC) (Lightning Round)
AT&T (T) (Realmoney Radio)
Bear Stearns (BSC) (mentioned on Stop Trading)
Bookham (BKHM) (Lightning Round)
Cephalon (CEPH) (Lightning Round)
Ciena (CIEN) (Lightning Round)
Cisco (CSCO) (Lightning Round)
Cisco (CSCO) (Realmoney Radio)
Commerce Bancorp (CBH) (Lightning Round)
Commerce Bancorp (CTXS) (Lightning Round)
DexCom (DXCM) (Lightning Round)
DJ Orthopedics (DJO) (wait for pulback) (Realmoney Radio)
Finisar (FNSR) (Lightning Round)
First Data (FDC) (Realmoney Radio)
General Dynamics (GD) (Lightning Round)
Global Payments (GPN) (Realmoney Radio)
Goldman (GS) (mentioned on Stop Trading)
Intel (INTC) (Lightning Round)
Intermagnetics General (IMGC) (Lightning Round)
JDSU (JDSU) (Lightning Round)
Las Vegas Sands (LVS) (Lightning Round)
Lennar (LEN) (mentioned on Stop Trading)
Lexar Media (LEXR) (Realmoney Radio)
Lucent (LU) (Realmoney Radio)
Macquarie Bank (MBL.AU) (wait a few days to buy) (featured on Mad Money)
Manitowoc (MTW) (mentioned on Mad Money)
MannKind (MNKD) (Lightning Round)
Micron Technology (MU) (Realmoney Radio)
Mindspeed (MSPD) (Lightning Round)
MRV Communications (MRVC) (Lightning Round)
Neoware (NWRE) (Lightning Round)
Nortel (NT) (Realmoney Radio)
Prudential (PRU) (mentioned on Stop Trading)
SanDisk (SNDK) (Realmoney Radio)
Seagate Technology (STX) (Realmoney Radio)
Tellabs (TLAB) (Lightning Round)
Texas Roadhouse (TXRH) (Lightning Round)
Textron (TXT) (mentioned on Mad Money)
The Andersons (ANDE) (wait a few days to buy) (featured on Mad Money)
Valero (VLO) (Lightning Round)
Vasco Data Security (VDSI) ($12.00 target) (Lightning Round)
Verizon (VZ) (Realmoney Radio)
Western Digital (WDC) (Realmoney Radio)

Bearish
Allscripts Healthcare (MDRX) (Lightning Round)
Apple Computer (AAPL) (mentioned on Stop Trading)
Archer Daniels Midland (ADM) (mentioned on Mad Money)
Chico’s FAS (CHS) (CEO interview on Mad Money)
Lucent (LU) (Lightning Round)
New York Community Bancorp (NYB) (Lightning Round)
Sirius Satellite Radio (SIRI) (Lightning Round)
Tim Hortons (THI) (Lightning Round)
TriQuint Semiconductor (TQNT) (Realmoney Radio)
ViroPharma (VPHM) (Lightning Round)
Wynn Resorts (WYNN) (Lightning Round)

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

Stocks closed mixed as investors played it cautious ahead of an expected interest-rate hike from the Federal Reserve on Tuesday, at the end of its two-day meeting. Modest strength in the technology sector allowed the Nasdaq Composite Index to end a bit higher.

Today, the Dow Jones industrial average closed down 29.86 or 0.3% to 11,250.11, the broader Standard & Poor’s 500 index closed down 1.34 or 0.1% to 1,301.61, and the tech-heavy Nasdaq composite index closed up 2.76 or 0.1% to 2,315.58.

Market breadth was mixed. On the New York Stock Exchange, losers beat winners nine to seven on volume of 1.37 billion shares. On the Nasdaq, decliners and advancers were roughly equal balanced on volume of 1.88 billion shares.

Fed policy-makers are meeting Monday and Tuesday to discuss rates, with a decision due Tuesday afternoon. The central bank is expected to boost its target for the short-term interest rate to 4.75%. While the market is expecting this raise, investors will be focused on what the bankers imply about future rate hikes in the closely watched statement. It is opined that the statement will be fairly ambivalent in terms of future rate hikes, so as to allow them to look at and evaluate the data between now and the next meeting in May.

Looking at the immediate future, the most important catalyst for equities is likely to be first-quarter earnings season and whether companies will be able to maintain margins at near record levels. Many investors are skeptical that they can be maintained at this level, particularly with productivity slowing down. This is one factor that may guide the path the markets take.

Several mining companies rallied after Citigroup became more upbeat on industrial metals, upgrading key players such as Inco, Phelps Dodge Corp, Alcan and Rio Tinto. The broker abandoned its longstanding bearish stance on copper and nickel. It opines that the sector will benefit from rising economic growth and structurally tight inventories, with sluggish new capacity additions and recurring operating outages also lending support to prices. This lead Alcoa to close up $0.50 or 2% to $30.33, Alcan closed up $0.46 to $45.76, Phelps Dodge closed up $1.47 to $76.61, and Newmont Mining closed up $1.06 to $50.52.

Lucent Technologies Inc. closed up $0.02 or 1% to $3.08, on news that Alcatel’s board will meet this week to consider the joint merger of the two telecoms. U.S. listed shares of Alcatel finished down 1.7% at $15.43.

With Goldman Sachs becoming bullish on Intel Corp, its shares advanced 14 cents to close at $19.73. The analysts believe that Intel’s new desktop central processing unit will help it stop rival Advanced Micro Devices Inc. market-share gains in the second half of 2006.

In the beginning of this crucial week for General Motors Corp. its shares climbed 1.2% to $22.93. The company is poised to file its delayed annual report, and its board is expected to meet to discuss the potential sale of its GMAC financing arm. Additionally, GM will reportedly begin laying off part of its white-collar workforce on Tuesday as part of its aim to reduce its salaried workers by 7% this year, or at least by 2,500 positions.

Stock of Walgreen Co. rose 1.4% to $45.02. The drugstore operator has reported an increase in second-quarter profit, as solid sales of Christmas and Valentine’s Day merchandise helped partially offset a mild flu season, which damaged pharmacy sales. However, sales came in slightly shy of analyst expectations.

U.S. light crude oil for May delivery fell 10 cents to settle at $64.16 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 shows are 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 shows, where his comments about the stocks often include advice about entry and exit points.

Bullish
Accredited Home Lenders (LEND) (Mad Money Lightning Round)
Accredited Home Lenders (LEND) (mentioned on Mad Money)
Alcatel (ALA) (Mad Money Lightning Round)
American Eagle Outfitters (AEOS) (Mad Money Lightning Round)
Amylin Pharmaceuticals (AMLN) (wait for pullback)
Apple (AAPL) (Mad Money Lightning Round)
Arrow Electronics (ARW) (Mad Money Lightning Round)
Avanex (AVNX) (Stop Trading)
Brightpoint (CELL) (Mad Money Lightning Round)
CBIZ (CBIZ) ($10.00 target) (Mad Money Lightning Round)
Cisco (CSCO) (Mad Money Lightning Round)
Corning (GLW) (Stop Trading)
Costco (COST) (Mad Money Lightning Round)
Countrywide Financial (CFC) (Mad Money Lightning Round)
Countrywide Financial (CFC) (mentioned on Mad Money)
Countywide Financial (CFC) (Stop Trading)
CVS (CVS) (Mad Money Lightning Round)
Devon Energy (DVN) (Stop Trading)
DexCom (DXCM) (wait for pullback) (featured on Mad Money)
Dress Barn (DBRN) (’mon back on pullback) (Mad Money Lightning Round)
DRS Technologies (DRS) (Mad Money Lightning Round)
Evergreen Solar (ESLR) ($18.00 target) (Mad Money Lightning Round)
Finisar (FNSR) (Stop Trading)
Fuel-Tech (FTEK) (featured on Mad Money)
Google (GOOG) (mentioned on Mad Money)
Houston Exploration (THX) (Mad Money Lightning Round)
Houston Exploration (THX) (Stop Trading)
JDSU (JDSU) (Stop Trading)
KB Home (KBH) (Stop Trading)
L-3 Communications (LLL) (Mad Money Lightning Round)
Lucent (LU) (Mad Money Lightning Round)
Mindspeed (MSPD) (Stop Trading)
Montpelier Re (MRH) (mentioned on Mad Money)
MRV Communications (MRVC) (Stop Trading)
NetEase (NTES) (Mad Money Lightning Round)
Norfolk Southern (NSC) (mentioned on Mad Money)
Palm (PALM) (Mad Money Lightning Round)
Palm (PALM) (mentioned on Mad Money)
Quicksilver (KWK) (Stop Trading)
Rite Aid (RAD) (Mad Money Lightning Round)
Santarus (SNTS) (featured on Mad Money)
Southwestern Energy (SWN) (Mad Money Lightning Round)
Southwestern Energy (SWN) (Mad Money Lightning Round)
Tellabs (TLAB) (Mad Money Lightning Round)
Thornburg Mortgage (TMA) (Mad Money Lightning Round)
Urban Outfitters (URBN) (Mad Money Lightning Round)
Yahoo! (YHOO) (Mad Money Lightning Round)

Bearish
Abercrombie & Fitch (ANF) (Mad Money Lightning Round)
CMGI (CMGI) (Stop Trading)
Computer Sciences (CSC) (Mad Money Lightning Round)
Exco Resources (XCO) (Mad Money Lightning Round)
Geron (GERN) (Mad Money Lightning Round)
Isis Pharmaceuticals (ISIS) (Mad Money Lightning Round)
Movie Gallery (MOVI) (mentioned on Mad Money)
Research In Motion (RIMM) (mentioned on Mad Money)
Thomas & Betts (TNB) (Mad Money Lightning Round)
Tom Online (TOMO) (Mad Money Lightning Round)

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Stocks ended higher today to finish a mostly flat week, as investors preferred to tread cautiously ahead of an upcoming Federal Reserve meeting on interest rates. A soft housing report led some to believe the Fed would bring an end to its rate hiking campaign soon, but gains were modest as some investors worried about slowing economic growth.

Today, the Dow Jones Industrial Average rose 9.68 points to 11,279.97, the broader Standard and Poor’s 500 Index was up 1.28 points at 1,302.95, and the Nasdaq Composite Index closed up 12.67 points at 2,312.82. For the week, the Dow closed flat, the S&P dipped 0.3% and the tech-rich Nasdaq gained 0.3%.

Market breadth was positive. On the New York Stock Exchange, winners beat losers by 19 to 12 on volume of 1.4 billion shares. On the Nasdaq, advancers topped decliners by 19 to 10 as 1.9 billion shares exchanged hands.

Investors are particularly sensitive ahead of next week’s Federal Reserve policy meeting, at which the central bank is expected to boost its key short-term interest rate to 4.75%. The market is likely to see choppy trading ahead of the Tuesday meeting. Investors however, are not worried about the quarter-percentage point increase, but are waiting to see if the commentary will point to one, two or more interest-rate increases.

Stocks today received a boost after a bigger-than-expected decline in new homes sales in February. This report offered a sharply contrasting view to Thursday existing-home sales data. New-home sales slumped 10.5% to 1.08 million units in February, their lowest level since May 2003, against the expected 1.21 million. This report saw bond prices rally, sending yields lower. However, investors fear that strong data will see the Fed pursuing its course of higher interest rates as it attempts to slow the pace of economic growth and keep inflation at bay.

Personal bankruptcies skyrocketed a record 30% in 2005 as debtors rushed to file petitions. This is in response to the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), which went into effect on Oct. 17, 2005. Bankruptcies filed in the federal courts totaled close to 2.1 million in 2005, up from 1.6 million petitions filed in 2004. This is the largest number of bankruptcy petitions ever filed in any 12-month period in the history of the federal courts.

Shares of Google Inc. surged 7% to $365.80 after Standard & Poor’s said it would add the leader in Internet search to its benchmark S&P 500 Index at the close of trading March 31. The decision puts Google on the shopping list of hundreds of mutual-fund managers who run portfolios that track components of the S&P 500. Google will replace Burlington Resources that closed up $0.52 to $90.80, which is being bought by ConocoPhilips which closed up $0.60 to $61.72.

Lucent Technologies jumped up $0.24 to $3.06, on news that it is in advanced discussions with French telecom gear maker Alcatel to form a combined company with a market cap of nearly $34 billion. Stock of Alcatel closed up $0.32 to $15.77. This could signal the start of a new wave of consolidation in the telecommunications-equipment industry. The merger would give Alcatel, Europe’s second-largest telecom-gear maker, better access to U.S. telecom operators.

Shares in Palm Inc. rose as much as 6.5% after the company posted forecast-beating quarterly results on the back of strong demand for its Treo handheld communications devices. Palm also offered a profit outlook ahead of Wall Street estimates.

Stock of Cephalon tumbled $9.67 to $63.64, after a FDA panel recommended against approval of the company’s Sparlon, attention-deficit disorder drug, for treatment of ADHD in children and teens over safety concerns. Further, J.P. Morgan downgraded the drug company to neutral from overweight, as the approval is likely to be delayed.

Crude-oil futures ended higher, finding support from data showing the first drawdown in U.S. supplies in six weeks, and amid continued concerns about supplies from Nigeria, Iran and Iraq. This extended Thursday’s $2 jump with the crude delivery for May rising 35 cents at $64.26 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter