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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
Amgen (AMGN) (RealMoney Radio)
Baker Hughes (BHI) (mentioned on Stop Trading!)
Best Buy (BBY) (featured on Mad Money)
Biogen (BIIB) (RealMoney Radio)
Celgene (CELG) (RealMoney Radio)
Citigroup (C) (mentioned on Stop Trading!)
Coldwater Creek (CWTR) (featured on Mad Money)
Commerce Bancorp (CBH) (featured on Mad Money)
Commerce Bancorp (CBH) (mentioned on Stop Trading!)
Conexant (CNXT) (RealMoney Radio)
Costco (COST) (featured on Mad Money)
Federated Department Stores (FD) (featured on Mad Money)
International Game Technology (IGT) (RealMoney Radio)
JC Penney (JCP) (featured on Mad Money)
Level 3 Communications (LVLT) (RealMoney Radio)
Lowe’s (LOW) (featured on Mad Money)
Matsushita (MC) (RealMoney Radio)
Men’s Wearhouse (MW) (featured on Mad Money)
Qwest (Q) (RealMoney Radio)
Sears (SHLD) (featured on Mad Money)
Starbucks (SBUX) (featured on Mad Money)
Starbucks (SBUX) (mentioned on Stop Trading!)
Whole Foods (WFMI) (mentioned on Stop Trading!)
Wynn Resorts (WYNN) (mentioned on Stop Trading!)

Bearish
Advanced Micro Devices (AMD) (RealMoney Radio)
Broadwing (BWNG) (RealMoney Radio)
eBay (EBAY) (RealMoney Radio)
Rackable (RACK) (buy below $38) (RealMoney Radio)
Saks (SKS) (RealMoney Radio)
Sony (SNE) (RealMoney Radio)
Target (TGT) (RealMoney Radio)
Wal-Mart (WMT) (RealMoney Radio)

Having trouble writing down all of Cramer’s picks?
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Stocks closed mixed after a roller-coaster session that saw heavy losses on the Dow Jones Industrial Average and S&P 500 change into gains in the final hour of trade amid strong demand for blue-chip stocks. The Nasdaq Composite closed at its weakest level of the year. However, overall market sentiment got some help from a sharp pullback in crude-oil prices and a sell-off in metals.

Today, the Dow Jones industrial average closed up 36.50 or 0.4% to 11,417.49, the broader Standard & Poor’s 500 index closed up 3.49 or 0.2% to 1,294.73, and the tech-heavy Nasdaq composite index closed down 5.26 to 2,238.52.

Market breadth was negative. On the New York Stock Exchange, decliners topped advancers by a margin of 18 to 13 on volume of 1.8 billion shares. On the Nasdaq, losers beat winners by 19 to 10 as 2 billion shares changed hands.

Investors are convinced that the robust health of the U.S. and global economy means the Fed may not have the liberty to stop the pause in June. Last week, the Federal Reserve raised its short-term interest to 5%, and left open the possibility of further rate increases should data show inflationary pressures developing in the economy. This possibility is looking like a certainty.

The data news shows that manufacturing activity in the New York area expanded at a slower pace in May, with the Empire State Manufacturing index falling to 12.4 in May. This decrease was larger than expected. Additionally, housing market is slowing down with existing-home sales down more than 15% in five states, and 2.1% nationally year-over-year in the first quarter.

Stock of retail giant Target closed down $2.19 or 4.1% to $50.02, after the retailer posted a 12% increase in quarterly profit. However, earnings fell short of Wall Street expectations despite the sales rising 12% to $12.86 billion. Earnings were pressured by higher expenses and merchandising woes in the home-goods and the fledgling Global Bazaar divisions.

Boeing Co. shares fell down $1.21 or 1.3% to $85.86 on a Wall Street Journal report that it has agreed to pay $615 million to settle a Justice Department probe over procurement violations by its defense contracting business.

Stock of Microsoft Corp. shares fell 3 cents to $23.13 after the Department of Justice said in a court filing that the software giant had agreed to a two-year extension of a key part of its landmark settlement.

Shares of eBay closed down $0.26 to $31.23, after the Supreme Court set aside a patent injunction against the online auctioneer. On the other hand, Bausch & Lomb closed up $5.64 or over 12% to $50.08, after it recalled its contact-lens solution that has been linked to an outbreak of fungal eye infections that can cause blindness.

Crude-oil futures fell below $70 a barrel amid a broader pullback in commodities. Crude for June delivery ended down $2.63, or 3.7%, to $69.41 a barrel.

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
Advanced Micro Devices (AMD) (RealMoney Radio)
Amgen (AMGN) (mentioned on Stop Trading!)
Buhrmann (BUH) (features on Mad Money)
Ciena (CIEN) (RealMoney Radio)
Crocs (CROX) (Lightning Round)
CSX (CSX) (RealMoney Radio)
Fluor (FLR) (Lightning Round)
Foster Wheeler (FWLT) (Lightning Round)
Hain Celestial Group (HAIN) (RealMoney Radio)
INBEV (INB.BR) (Lightning Round)
J.C. Penney (JCP) (mentioned on Stop Trading!)
Kohl’s (KSS) (mentioned on Stop Trading!)
Kubota (KUB) (RealMoney Radio)
McDermott (MDR) (Lightning Round)
Microsoft (MSFT) (Lightning Round)
Nabors (NBR) (RealMoney Radio)
Norfolk Southern (NSC) (RealMoney Radio)
Office Depot (ODP) (wait for pullback)
Openwave Systems (OPWV) (Lightning Round)
Oregon Steel Mills (OS) (Lightning Round)
PetroChina (PTR) (featured on Mad Money)
PetroChina (PTR) (Lightning Round)
Rentech (RTK) (featured on Mad Money)
Rite Aid (RAD) (mentioned on Stop Trading!)
Sasol (SSL) (mentioned on Mad Money)
Tenaris (TS) (Lightning Round)
Toyota (TM) (RealMoney Radio)
Union Pacific (UNP) (RealMoney Radio)
URS (URS) (mentioned on Mad Money)
Votorantim Celulose e Papel (VCP) (Lightning Round)
Whole Foods (WFMI) (RealMoney Radio)

Bearish
Altria (MO) (RealMoney Radio)
Aqua America (WTR) (RealMoney Radio)
Cisco (CSCO) (RealMoney Radio)
Expedia (EXPE) (mentioned on Stop Trading!)
Goldcorp (GG) (buy at $35) (Lightning Round)
Intel (INTC) (RealMoney Radio)
Microchip Technology (MCHP) (CEO interview Mad Money)
Microsoft (MSFT) (RealMoney Radio)
Pacific Ethanol (PEIX) (Lightning Round)
Petroleo Brasileiro (PBR) (Lightning Round)
Powerwave Technologies (PWAV) (Lightning Round)
Sirius Satellite (SIRI) (Lightning Round)

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

Concerns about rising bond yields and inflation had an adverse effect and stocks sank for the second straight session. The Dow industrials closed down more than 260 points over the two-day drubbing. Investors are worried that rising commodity prices will translate into higher inflation and prompt the Federal Reserve to raise interest rates again in June.

Today, the Dow Jones industrial average closed down 119.74 or 1% to 11,380.99, the broader Standard & Poor’s 500 index closed down 14.68 or 1% to 1,291.24, and the tech-heavy Nasdaq index closed down 28.92 or 1.3% to 2,243.78. For the week, the Dow Jones Industrials lost 1.7%, the S&P 500 dropped 2.6%, and the Nasdaq caved in 4.2%.

Market breadth was negative. On the New York Stock Exchange, decliners topped advancers by a margin of 13 to 3 on volume of 1.8 billion shares. On the Nasdaq, losers beat winners by 22 to 7 as 2.2 billion shares changed hands.

On the data front, the trade deficit narrowed 5.6% to $62 billion against the expected widening to $66.9 billion. The consumer-sentiment plunged in May on rising gasoline prices and a softening labor market. The University of Michigan consumer-sentiment index fell to 79 in May from 87.4 in April. Prices of goods imported into the United States rose 2.1%, powered by an 11.5% increase in the price of imported petroleum. Import prices rose 0.1%, the fifth consecutive increase. The deficit will probably head higher over the next few months because of the fact that oil prices rose sharply after March. The first-quarter GDP is likely to be revised higher, and that can lead to bond yields rising to new cycle highs.

Shares of General Motors Corp. rose 1% to close at $26.09. KeyBanc Capital Markets has upgraded GM to buy from hold. The broker said that it believes negotiations among the company, the United Auto Workers and parts supplier Delphi will be successfully completed with no material labor disruptions. KeyBanc also sees earnings improving in 2006 and 2007, bolstered by the introduction of new, full-size sport utility vehicles and pickup trucks, as well as by cost-saving initiatives.

Stock of Microsoft closed down $0.05 to $23.17, after the software giant agreed to extend one of the key provisions of its landmark 2002 antitrust settlement with the government. Analog Devices closed up $1.35 or over 4% to $36.03, after stating that its profit and revenue rose in the second quarter. Shares of Advanced Micro Devices closed up $0.17 to $31.66, after Matrix Research upgraded the stock to “buy” from “sell.” Imclone closed up $3.42 or 10% to $41.69, after a report said four suitors may be considering a purchase of the company. However, Best Buy Co. fell almost 2.3% to $52.60 after it agreed to buy a majority interest in Jiangsu Five Star Appliance Co. The deal calls for Best Buy to invest $180 million, including $122 million in capital.

The largest steel manufacturer in the world, Mittal Steel and Arcelor both reported first-quarter profit declines on lower steel prices and rising raw-material costs. The world’s leading steelmakers are locked in a bitter takeover battle. Both companies, however, forecast better times ahead. The fall in profit came as steel prices fell over 9% and raw material prices such as iron ore increased over 71.5%. However, they see better times ahead as prices are starting to recover, and selling prices are improving. Additionally, world steel consumption is expected to rise 6% in 2006.

Crude-oil futures fell after the International Energy Agency cut its estimate for 2006 oil demand by 15%, prompting some investors to lock in gains logged over the last week. Crude for June delivery closed down $1.28 at $72.04 a barrel, but logged a weekly gain of 2.6%.

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
Advanced Micro Devices (AMD) (CEO interview on Mad Money)
AES (AES) ($25 target) (featured on Mad Money)
Archer Daniels Midland (ADM) (RealMoney Radio)
Baidu (BIDU) (Lightning Round)
BHP Billiton (BHP) (mentioned on Mad Money)
Boeing (BA) (mentioned on Mad Money)
Boeing (BA) (RealMoney Radio)
CVS (CVS) (RealMoney Radio)
Deere (DE) (RealMoney Radio)
Eastman Chemical (EMN) (Lightning Round)
First Data (FDC) (Lightning Round)
Genzyme (GENZ) (mentioned on Stop Trading!)
Gerdau (GGB) (featured on Mad Money)
GoldCorp (GG) (mentioned on Stop Trading!)
Halliburton (HAL) (mentioned on Mad Money)
Hansen (HANS) (buy at $160 or $170) (RealMoney Radio)
Hexcel (HXL) ($26 target) (Lightning Round)
KFx (KFX) (Lightning Round)
Level 3 Communications (LVLT) (Lightning Round)
Matria Healthcare (MATR) (Lightning Round)
News Corp. (NWS.A) (Lightning Round)
Phelps Dodge (PD) (mentioned on Stop Trading!)
Qualcomm (QCOM) (RealMoney Radio)
Qwest Communications (Q) (Lightning Round)
Rite-Aid (RAD) (RealMoney Radio)
Schlumberger (SLB) (mentioned on Mad Money)
SGL Carbon (SGG) (Lightning Round)
Starbucks (SBUX) (mentioned on Mad Money)
Sysco (SYY) (Lightning Round)
Tata Motors (TTM) (RealMoney Radio)
Triumph Group (TGI) (mentioned on Mad Money)
Union Pacific (UNP) (buy at $93) (Lightning Round)
Walgreen (WAG) (RealMoney Radio)

Bearish
Altria (MO) (RealMoney Radio) (RealMoney Radio)
Ashland (ASH) (Lightning Round)
Broadcom (BRCM) (mentioned on Stop Trading!)
Empire Resources (ERS) (Lightning Round)
Intel (INTC) (mentioned on Mad Money)
Lightbridge (LTBG) (Lightning Round)
Lucent (LU) (RealMoney Radio) (RealMoney Radio)
Marvell (MRVL) (mentioned on Stop Trading!)
Marvell (MRVL) (RealMoney Radio) (RealMoney Radio)
Medtronic (MDT) (Lightning Round)
Netease.com (NTES) (Lightning Round)
Nucor (NUE) (mentioned on Mad Money)
Spartan Stores (SPTN) (Lightning Round)

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

There was mayhem and stocks logged their biggest one-day decline since January, on concerns that rising commodity prices will translate into higher inflation and will prompt the Federal Reserve into raising interest rates again in June. The Dow industrials crashed over 140 points on inflationary concerns as investors turned their focus from the strong economy and earnings growth towards soaring gold prices, rising oil and Treasury yields.

Today, the 30-stock Dow industrials index closed down 141.92 or 1.2% to 11,500.73, the broader Standard & Poor’s 500 index closed down 16.93 or 1.3% to 1,305.92, and the Nasdaq composite index closed down 48.04 or 2.1% to 2,272.70.

Market breadth was negative. On the New York Stock Exchange, losers beat winners 4 to 1 on volume of 1.8 billion shares. On the Nasdaq, decliners beat advancers 4 to 1 on volume of 2.5 billion shares.

Will they do it again? This is the question that is on the mind of investors when talking about the rising short term interest rate. When you look at gold and oil today, there is still a very strong possibility that they’ll raise interest rates in June. This is likely to result in a very volatile until the June meeting, as investors would react to each piece of economic data and gauge its importance for the outlook on interest rates. However, today’s sell-off was owing to a combination of the Fed, oil, Iran, Nigeria, Gold and probably everything else.

Amongst data news, April retail sales increased 0.5%, against the expected larger increase of 0.7%. The reading suggests that higher gas prices may be hurting consumer spending. U.S. business sales and inventories each increased 0.7% in March, keeping stockpiles of unsold goods at very lean levels. The number of initial jobless claims in the week ended May 6 fell to 324,000, but this was down only 1,000. All these are data news that are worrying for inflation and a concern to investors.

American International Group Inc. was one of the biggest decliners within the Dow industrials, down $3.39 or 5.1% at $63.15. Earnings excluding items rose from a year earlier, but nonetheless missed analysts’ forecasts.

General Motors Corp. closed down $0.78 or 2.9% to $25.81 after a five-session rally that saw the stock gain 18%. The stock had risen after the troubled automaker issued a revised quarterly earnings report Monday night that showed a profit.

Movie Gallery Inc. attracted investors and the shares surged more than 50% up $1.62 to $4.78 after the company said that it planned to restructure leases at more than 1,100 stores, close stores as conditions warrant, consider selling assets and cut capital spending; thanks in part to its March 2005 purchase of Hollywood Entertainment. The company’s also said that it would be open to some type of deal with Blockbuster. Shares of Blockbuster Inc. got a boost, gaining 8.3% to $5.07.

Stock of News Corp. advanced up $0.57 or 3% to $19.69 after the media conglomerate’s profit more than doubled, and beat analysts’ forecasts. The media behemoth also said it would boost its share buyback program to $6 billion from $3 billion. BSkyB, the U.K. satellite operator partly owned by News Corp., should also see gains, buoyed by an upgrade from Morgan Stanley.

Amongst Pharma, Johnson & Johnson closed up 52 cents to $58.84, after being upgraded to buy from neutral at Banc of America Securities. Shares of Pfizer Inc. fell 23 cents at $24.81, despite the U.S. Food and Drug Administration approving Chantix, its drug aimed at helping people give up smoking.

Crude oil for June delivery jumped $1.19 to settle at $73.32 a barrel on the New York Mercantile Exchange. Causes of concern are refinery snag, continuing uncertainty in the Middle East and violence in Nigeria that could lead to disruption in oil supplies heading into the summer-driving season.

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
@Road (ARDI) (mentioned on Mad Money)
Abercrombie & Fitch (ANF) (Lightning Round)
Agilent (A) (Lightning Round)
Allegheny Tech (ATI) (mentioned on Stop Trading!)
Allegheny Technologies (ATI) (Lightning Round)
America Movil (AMX) (Lightning Round)
Anglo American (AAUK) (RealMoney Radio)
Archer Daniels Midland (ADM) (RealMoney Radio)
Avanir (AVNR) (mentioned on Mad Money)
Bank of America (BAC) (mentioned on Stop Trading!)
Barrick Gold (ABX) (buy on pullback) (RealMoney Radio)
Broadwing (BWNG) (buy at $11) (RealMoney Radio)
Brocade (BRCD) (mentioned on Mad Money)
Brush Engineered Materials (BW) (mentioned on Mad Money)
Bunge (BG) (RealMoney Radio)
Cadbury Schweppes (CSG) (Lightning Round)
Citigroup (C) (Lightning Round)
Citigroup (C) (mentioned on Stop Trading!)
Citrix Systems (CTXS) (RealMoney Radio)
Companhia Vale do Rio Doce (RIO) (Lightning Round)
Consol Energy (CNX) ($100 target) (Lightning Round)
Countrywide (CFC) (mentioned on Stop Trading!)
Crystallex (KRY) (mentioned on Mad Money)
Crystallex International (KRY) (Lightning Round)
Deere (DE) (RealMoney Radio)
Dow Chemicals (DOW) (mentioned on Mad Money)
Energy Conversion Devices (ENER) (mentioned on Mad Money)
Energy Partners (EPL) (mentioned on Mad Money)
EuroZinc Mining (EZM) (featured on Mad Money)
FedEx (FDX) (RealMoney Radio)
Flagstar Bancorp (FBC) (Lightning Round)
Fluor (FLR) (mentioned on Stop Trading!)
Foster Wheeler (FWLT) (mentioned on Stop Trading!)
Foster-Wheeler (FWLT) (RealMoney Radio)
FPL Group (FPL) (Lightning Round)
General Motor’s (GM) (hold for 3 months) (RealMoney Radio)
General Motors (GM) ($40 target) (Lightning Round)
Goldcorp (GG) (buy on pullback) (RealMoney Radio)
Google (GOOG) (mentioned on Stop Trading!)
Grew Wolf (GW) (mentioned on Mad Money)
Grupo Aeroportuario del Sureste (ASR) (featured on Mad Money)
Hansen Natural (HANS) (Lightning Round)
Informatica (INFA) (RealMoney Radio)
Level 3 (LVLT) (RealMoney Radio)
McDermott (MDR) (mentioned on Stop Trading!)
Network Appliance (NTAP) (Lightning Round)
Newmont Mining (NEM) (buy on pullback) (RealMoney Radio)
Nvidia (NVDA) (mentioned on Mad Money)
Peabody Energy (BTU) (Lightning Round)
Qwest (Q) (RealMoney Radio)
Toyota (TM) ($150 target) (Lightning Round)
Toyota (TM) (RealMoney Radio)
TransDigm Group (TDG) (mentioned on Mad Money)
TXU (TXU) (Lightning Round)
United Tech (UTX) (mentioned on Stop Trading!)
UPS (UPS) (RealMoney Radio)
URS (URS) ($55 target) (RealMoney Radio)
URS (URS) (mentioned on Stop Trading!)
Walgreens (WAG) (mentioned on Mad Money)
Yum! Brands (YUM) (Lightning Round)

Bearish
AT&T (T) (RealMoney Radio)
ATI Technologies (ATYT) (mentioned on Mad Money)
Cisco (CSCO) (mentioned on Stop Trading!)
Cisco (CSCO) (RealMoney Radio)
Covanta Holding (CVA) (Lightning Round)
Dell (DELL) (RealMoney Radio)
EMC (EMC) (RealMoney Radio)
Gateway (GTW) (Lightning Round)
Intel (INTC) (RealMoney Radio)
JDSU (JDSU) (Lightning Round)
Legg Mason (LM) (RealMoney Radio)
Lucent (LU) (Lightning Round)
Microsoft (MSFT) (RealMoney Radio)
Oracle (ORCL) (RealMoney Radio)
Pepsi (PEP) (Lightning Round)
Plug Power (PLUG) (mentioned on Mad Money)
Saks (SKS) (mentioned on Mad Money)
Shaw Group (SGR) (RealMoney Radio)
Southern Co. (SO) (Lightning Round)
Sprint (S) (RealMoney Radio)
Sun Microsystems (SUNW) (RealMoney Radio)
Symbol Technologies (SBL) (RealMoney Radio)
Telmex (TMX) (Lightning Round)
Titanium Metals (TIE) (Lightning Round)
Veeco Instruments (VECO) (Lightning Round)
Verizon (VZ) (RealMoney Radio)

Having trouble writing down all of Cramer’s picks?
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Stocks closed mixed after the Federal Reserve lifted its key short-term rate to 5% as expected, but did not specify that its rate-hiking campaign is over, as some had hoped. The Nasdaq composite slumped and broader market was mixed as investors were left stranded about the outlook for interest rates moving forward.

Today, the Dow Jones industrial average closed up 2.88 or 0.02% to 11,642.65, putting it about 80 points shy of its all-time high of 11,722.98, where it closed on Jan. 14, 2000. The broader Standard & Poor’s 500 index closed down 2.29 or 0.2% to 1,322.85, and the Nasdaq composite index closed down 17.51 or 0.8% to 2,320.74.

Market breadth was negative. On the New York Stock Exchange, losers beat winners 17 to 14 on volume of 1.61 billion shares. On the Nasdaq, decliners topped advancers by 18 to 11 on volume of 2.05 billion shares.

The central bank, opted to boost the overnight bank lending rate to 5% as expected. However, it also seemed to keep the door open for future rate hikes. The future policy depends on how the data looks between now and the June meeting. While it acknowledged the strength of the economy, but suggested that further policy firming may yet be needed to address inflation risks. The extent would depend on the economic outlook as implied by incoming information. The bottom line is that the Fed is not committed to 5.25% at June, and that the bankers are going to see what the data show and how the economy responds to the hikes that are already in place.

Cisco Systems Inc. closed down $0.93 or 4.6% to $20.75 after the data-networking giant issued a tepid profit outlook for the current quarter. The company reported solid earnings for the third quarter, that were helped by improved demand for its networking gear in the U.S. and contributions from the recently acquired Scientific-Atlanta.

Walt Disney Co. closed up $0.53 or 1.8% to $30.11 after the media giant surprised analysts with earnings that rose from a year earlier and beat estimates. Gains at its ESPN sports-television channel helped overcome a lackluster performance turned in by its consumer-products and studio divisions.

The auto sector saw broad gains, with General Motors Corp. closing up $0.89 rising or 4% to $26.59. Its 10-Q filing, outlined the company’s ongoing efforts to work with the United Auto Workers on whittling down labor costs. Additionally, prospects of a potential deal with Delphi to avert a strike is significant in maintaining the stock’s upward momentum.

Shares of Federated Department Stores Inc. closed 1.2% lower at $77.98 after the company turned in a first-quarter loss amid hefty integration costs of its recently acquired May Department Stores business. Legg Mason closed down $8.44 or 6% to $108.08, after reporting quarterly earnings that rose from a year ago but missed analysts’ estimates. Teva Pharmaceuticals closed down $5.35 or 11% to $37.56, after reporting quarterly earnings that fell from a year earlier and missed estimates.

Crude oil for June delivery rose $1.44 to $72.13 a barrel on the New York Mercantile Exchange after a government report showed a surprising jump in crude and gasoline inventories at an eight-year high.

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
Advanced Micro Devices (AMD) (RealMoney Radio)
Alstom (ALO - Paris)([u] (featured on Mad Money)
Amcol International (ACO) (featured on Mad Money)
America Movil (AMX) (Lightning Round)
Archer-Daniels-Midland (ADM) (Lightning Round)
Barrick (ABX) (mentioned on Stop Trading!)
Best Buy (BBY) (buy on pullback) (RealMoney Radio)
Black & Decker (BDK) (mentioned on Mad Money)
Cenveo (CVO) (Lightning Round)
Ceradyne (CRDN) (Lightning Round)
Conexant (CNXT) (Lightning Round)
Core Labs (CLB) (mentioned on Stop Trading!)
Dawson (DWSN) (mentioned on Stop Trading!)
Energy Partners (EPL) (Lightning Round)
First Data (FDC) (RealMoney Radio)
FMC (FTI) (mentioned on Stop Trading!)
Foster Wheeler (FWLT) (RealMoney Radio)
FPL Group (FPL) (Lightning Round)
Gehl (GEHL) (Lightning Round)
General Motors (GM) (RealMoney Radio)
Goldcorp (GG) (mentioned on Stop Trading!)
Hansen Naturals (HANS) (RealMoney Radio)
Hewlett-Packard (HPQ) (mentioned on Stop Trading!)
Hewlett-Packard (HPQ) (RealMoney Radio)
Honda (HMC) (Lightning Round)
Honda (HMC) (RealMoney Radio)
Jacobs (JEC) (mentioned on Stop Trading!)
JDSU (JDSU) (Lightning Round)
JDSU (JDSU) (RealMoney Radio)
Knight Capital (NITE) ($20 target) (Lightning Round)
LifeCell (LIFC) (Lightning Round)
Lockheed Martin (LMT) (featured on Mad Money)
Mobile Mini (MINI) (Lightning Round)
Nektar Therapeutics (NKTR) (Lightning Round)
Newmont (NEM) (mentioned on Stop Trading!)
Northrop Grumman (NOC) (featured on Mad Money)
RF Micro Devices (RFMD) (Lightning Round)
RPC (RES) (Lightning Round)
Schering-Plough (SGP) (RealMoney Radio)
Starbucks (SBUX) (RealMoney Radio)
Syngenta (SYT) (Lightning Round)
Toyota (TM) (Lightning Round)
Toyota (TM) (RealMoney Radio)

Bearish
Centex (CTX) (mentioned on Stop Trading!)
Cephalon (CEPH) (CEO on Mad Money) (mentioned on Stop Trading!)
Concur (CNQR) (Lightning Round) (mentioned on Stop Trading!)
Dell (DELL) (mentioned on Mad Money) (mentioned on Stop Trading!)
Dell (DELL) (RealMoney Radio) (mentioned on Stop Trading!)
Equifax (EFX) (RealMoney Radio) (mentioned on Stop Trading!)
Intel (INTC) (RealMoney Radio) (mentioned on Stop Trading!)
Lennar (LEN) (mentioned on Stop Trading!)
Nuance (NUAN) (Lightning Round) (mentioned on Stop Trading!)
Ryland (RYL) (mentioned on Stop Trading!)
SanDisk (SNDK) (RealMoney Radio) (mentioned on Stop Trading!)
St. Joe’s (JOE) (RealMoney Radio) (mentioned on Stop Trading!)
Teco Energy (TE) (Lightning Round) (mentioned on Stop Trading!)
Toll (TOL) (mentioned on Stop Trading!)
Unitedhealth (UNH) (mentioned on Mad Money)

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Stocks closed mixed as investors decided to await hints on the Federal Reserve’s future course on interest rates. However, broad-based gains in blue-chip stocks lifted the Dow Jones Industrial Average to within 85 points of its all-time high, thanks to a rally in General Motors.

Today, the Dow Jones industrial average closed up 55.23 or 0.5% to 11,639.77. The gain brought the index to within about 85 points of its record of 11,722.98, where it closed on Jan. 14, 2000. The broader Standard & Poor’s 500 index closed up 0.48 to 1,325.14, and the Nasdaq composite index closed down 6.74 or 0.3% to 2,338.25.

Market breadth was mixed. On the New York Stock Exchange, losers and winners were narrowly mixed on volume of 1.51 billion shares. On the Nasdaq, decliners topped advancers 17 to 13 on volume of 1.89 billion shares.

Today’s market sentiment is an indication that people are bullish on the prospect that the Fed may pause in its rate tightening cycle. The Federal Open Market Committee will announce its decision Wednesday at around 2.15 p.m. EST. There is a growing sentiment that the Fed will take a pause sometime in the near future, if not after this meeting. The bigger question is whether the Fed has gone far enough to slow inflation or will they potentially go too far and slow growth. The economic indicators have been strong and with the inflationary pressures of rising oil and gasoline, it’s unlikely the central bank will pause soon. Overall, the market appears to be in a bullish phase and capable of withstanding some disappointment from the Fed tomorrow, once investors get beyond a knee-jerk reaction to the statement.

Shares of Dell slumped after the company warned first-quarter profit and revenue would fall short of Wall Street expectations, saying it had been forced to cut prices amid heated competition. The stock closed down $1.23 or 4.6% at $25.20. The giant pegged its revenue at $14.2 billion and an EPS of 33 cents against an expected 38 cents. This had a affect on rival PC-makers Hewlett-Packard that closed down $0.67 or 2% to $33.12, and Gateway that closed down $0.06 to $2.08.

McDonald’s Corp. closed up $0.44 or over 1% to $35.83 after the fast-food giant said worldwide same-store sales rose 6.2% in April. U.S. same-store sales rose 4.1%, Europe posted up 9.3%, Asia-Pacific, Middle East and Africa regions climbed 6.5%. Contributors to this growth have been the chicken sandwiches, breakfast business, and longer store hour. In an unrelated news, McDonald’s has filed to sell 4.2 million shares of Chipotle Mexican Grill Inc. reducing its stake to 52% from 65%.

Stock of General Motors closed up $2.25 or nearly 10% to $25.80, after it revised its first-quarter results to show a profit. Walt Disney Co. has decided to let its exclusive cross-promotional agreement with McDonald’s run out at year’s end, although it added that it wanted to continue working with the company. The effect of this news has yet to be felt on the stocks of respective companies.

Oil for June delivery rose 92 cents to settle at $70.69 a barrel on the New York Mercantile Exchange on revived international tensions over Iran’s nuclear program and just ahead of an expected increase in U.S. gasoline inventories.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter