Traders-Blog.com

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
Abbott Laboratories (ABT) (Lightning Round)
Apple (AAPL) (Lightning Round)
Baxter International (BAX) (”best of breed - buy on pullback”) (Mad Money)
Becton Dickinson (BDX) (”going much, much higher”) (Mad Money)
Cephid (CPHD) (Lightning Round)
CR Bard (BCR) (Mad Money)
Crocs (CROX) (”long term”) (mentioned on Stop Trading!)
Dawson Geophysical (DWSN) (Lightning Round)
Ford (F) (Lightning Round)
General Dynamics (GD) (Mad Money)
Jones Soda (JSDA) (Lightning Round)
Level 3 Communications (LVLT) (Lightning Round)
Northrop Grumman (NOC) (Mad Money)
NYSE Euronext (NYX) (Mad Money)
Procter & Gamble (PG) (”going to $70) (mentioned on Stop Trading!)
Under Armour (UA) (”long term”) (mentioned on Stop Trading!)

Bearish
Boston Scientific Corp (BSX) (Mad Money)
Cemex (CX) (Lightning Round)
Cummins (CMI) (Mad Money)
Dolby (DLB) (mentioned on Stop Trading!)
Flextronics (FLEX) (Lightning Round)
MEMC Electronic Materials (WFR) (Lightning Round)
Quest Diagnostics (DGX) (Lightning Round)
Rockwell Collins (COL) (Mad Money)
Solectron (SLR) (Lightning Round)

* Click here and receive a free market forecast using VantagePoint software.
* Click here for 2 free books that teach you how to trade the E-mini’s.
* Click here for free cassette “17 Rules for Successful Futures Trading.”

Stocks fell as investors consolidated some of the hefty gains posted in April, while weighing a slew of data revealing not only tame inflation but also a weakening economy. The upbeat earnings from Verizon Communication and a share buyback from Merrill Lynch could not lift the markets.

Today, the Dow Jones industrial average closed down 58.03 or 0.44% to 13,062.91. The blue-chip barometer also hit an intraday record of 13,162.06 during Monday’s session before retreating. The broader S&P 500 closed down 11.70 or 0.78% to 1,482.37, after hitting a more than six-year high last week. The tech-heavy Nasdaq composite closed down 32.12 or 1.26% to 2,525.09, after ending last week at a 6-year high. For the month, the Dow gained 5.7%, the S&P rose 4.3% and the Nasdaq soared 4.1%.

Market breadth was negative and volume was moderate. On the New York Stock Exchange, losers beat winners nearly 3 to 1 on volume of 1.71 billion shares. On the Nasdaq, decliners topped advancers by more than 2 to 1 on volume of 2.13 billion shares.

Stocks have surged in April as investors welcomed a spate of better-than-expected first-quarter earnings. With 65% of the S&P 500 having reported results, earnings are currently on track to have risen 7% from a year earlier, more than double what analysts were forecasting on April 1.

In economic news, personal income rose 0.7% in March, after rising a revised 0.7% in the previous month. Economists thought income would rise 0.5%. Personal spending rose 0.3%, missing forecasts for a rise of 0.5%. The core PCE deflator, the report’s inflation component, was flat, versus expectations for a rise of 0.1%. March construction spending rose 0.2% in the month after climbing a revised 1.5% in the previous month.

Shares of Yahoo closed down $0.30 to $28.04, after it said it would pay $680 million for the 80% of online ad exchange Right Media that it doesn’t currently own.

Stock of Verizon Communications rose 0.8%, despite posting a lower first-quarter profit after one-time costs. However, the company added an industry-leading 1.7 million net wireless customers and boosted sales by more than 6%. Verizon is also building a superfast fiber network in an effort to solidify its phone business and win back lost customers. For the quarter, it posted net income of $1.5 billion, down from a year-ago profit of $1.63 billion. Revenue rose 6.4% to $22.58 billion.

Delta Air Lines emerged from bankruptcy a year ahead of schedule after a 19-month restructuring. It has reworked operations to focus on international routes and has been able to cut its net debt by more than $9 billion, to a projected $7.6 billion at the end of 2007.

U.S. light crude oil for June delivery fell 75 cents to settle at $65.71 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter
30-day risk-free trial

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
Actuant (ATU) (”private equity target”) (Mad Money)
Allergan (AGN) (Mad Money)
American Railcar Industries (ARII) (Mad Money)
Andersons (ANDE) (Mad Money)
Avon Products (AVP) (Mad Money)
Brunswick (BC) (mentioned on Stop Trading!)
Buffalo Wild Wings (BWLD) (Mad Money)
Celgene (CELG) (Mad Money)
Cheesecake Factory (CAKE) (”private equity target”) (Mad Money)
Chipotle Mexican Grill (CMG) (Mad Money)
Ciena (CIEN) (Lightning Round)
Coca-Cola (KO) (Mad Money)
Corning (GLW) (Lightning Round)
Cummins (CMI) (Mad Money)
Darden Restaurants (DRI) (”private equity target”) (Mad Money)
Estee Lauder (EL) (Mad Money)
FuelCell Energy (FCEL) (”speculative”) (Lightning Round)
General Cable (BGC) (Mad Money)
Goldman Sachs (GS) (”headed to 325″) (Lightning Round)
Ionatron (IOTN) (speculative) (Mad Money)
KBR (KBR) (Mad Money)
Kinross Gold (KGC) (Lightning Round)
MedcoHealth Solutions (MHS) (Mad Money)
Penn National Gaming (PENN) (”private equity target”) (Mad Money)
PepsiCo (PEP) (Mad Money)
Procter & Gamble (PG) (Mad Money)
Quest (Q) (Mad Money)
Ross Stores (ROST) (”private equity target”) (Mad Money)
Stryker (SYK) (Lightning Round)
Tata Motors (TTM) (Lightning Round)
TJX Companies (TJX) (”private equity target”) (Mad Money)
Transocean (RIG) (”allow to come in”) (Mad Money)
Trinity Industries (TRN) (Mad Money)
Vulcan Materials (VMC) (Mad Money)
Yamana Gold (AUY) (Lightning Round)
Zimmer (ZMH) (Lightning Round)

Bearish
Charter Communications (CHTR) (”buy back after it reports”) (Mad Money)
DreamWorks (DWA) (Lightning Round)
JDS Uniphase (JDSU) (Lightning Round)
Micron Technology (MU) (Lightning Round)
Quiksilver (ZQK) (Lightning Round)
U.S. Global Investors (GROW) (Lightning Round)

* Click here and receive a free market forecast using VantagePoint software.
* Click here for 2 free books that teach you how to trade the E-mini’s.
* Click here for free cassette “17 Rules for Successful Futures Trading.”

Stocks ended mixed and little changed on Friday. However, they capped a week of gains in which the Dow Jones Industrial Average crossed the 13,000 mark for the first time, as news of a sharp slowdown in economic growth in the first quarter offset optimism about earnings, including Microsoft Corp.’s latest results. Strength in the Dow masked otherwise weak market action which was blunted by the unfavorable economic data.

Today, the Dow Jones industrial average closed up 15.44 or 0.12% to 13,120.94, with the blue-chip barometer duplicating last week’s record run-up by closing at a record high for the third straight day. The broader S&P 500 closed down 0.18 or 0.01% to 1,494.07, the tech- laden Nasdaq composite closed up 2.75 or 0.11% to 2,557.21 closed slightly higher, reaching its highest level in over 6 years. For the week, the Dow closed up 1.2%, the S&P gained 0.7% and the Nasdaq rose 1.2%.

Market breadth was negative. On the New York Stock Exchange, losers edged out winners 18 to 13 on volume of 1.5 billion shares. On the Nasdaq, decliners topped advancers by 18 to 11 on volume of 2.1 billion shares.

After reaching new highs, the stock gauges struggled for direction as investors sorted through the GDP report’s many components and welcomed another batch of strong earnings. With 61% of the S&P 500 having reported, first-quarter earnings are currently on track to have risen 6.8% from a year earlier. However, the GDP grew at a slower-than-expected 1.3% annual rate in the first quarter, down from the 2.5% in the fourth quarter. Economists had forecast GDP would slow to growth of 1.8% in the quarter. But the slow growth, paired with higher-than-expected inflation components, failed to spook investors.

Shares of Microsoft closed up $0.99 or 4% to $30.09, after reporting a 65% rise in quarterly profit that topped all estimates. The company also forecast 2008 profit at the midpoint of a range of analyst estimates. It posted a net profit of $4.93 billion, versus a profit of $2.98 billion in the year-ago period. Revenue rose 32% to $14.4 billion.

Stock of General Electric closed up $0.98 to $36.82, after a Citigroup analyst said the conglomerate should spin off NBC and several other units to give more focus to the company. GE has diverse operations ranging from manufacturing jet engines to commercial lending to NBC media. The spinning off ill-fitting businesses would have 2008 earnings of about $16.5 billion.

U.S. light crude oil for June delivery settled up $1.34 to $66.40 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter
30-day risk-free trial

Summary of the stock picks by each of the traders on the latest episode of “Fast Money.” (Archives at Online Traders’ Forum here.)

Bullish
Apple (AAPL) (Strazzini)
Bank of America (BAC) (Strazzini)
Biogen (BIIB) (Strazzini)
Citigroup (C) (Strazzini)
Dean Foods (DF) (Bolling)
General Growth Properties (GGP) (Adami)
iShares S&P Global (IXG) (Strazzini)
JP Morgan (JPM) (Strazzini)
MEMC Electronic (WFR) (Bolling)
Microsoft (MSFT) (Macke)
Microsoft (MSFT) (Strazzini)
Motorola (MOT) (Greenberg)
Nintendo (NTDOY.PK) (Bolling)
Nintendo (NTDOY.PK) (Macke)
Nutrisystem (NTRI) (Adami)
Owens Illinois (OI) (Bolling)
RadioShack (RSH) (Macke)
Reddy Ice Holdings (FRZ) (Bolling)
SanDisk (SNDK) (Strazzini)
Silgan (SLGN) (Bolling)

Bearish
“Autos” (Adami)
Advanced Micro (AMD) (Strazzini)
Amazon (AMZN) (Adami)
Apple (AAPL) (Greenberg)
Brunswick (BC) (Adami)
Harley-Davidson (HOG) (Adami)
Micron Tech (MU) (Strazzini)
Microsoft (MSFT) (Bolling)
Motorola (MOT) (Bolling)
Nutrisystem (NTRI) (Greenberg)
Reddy Ice Holdings (FRZ) (Greenberg)
SanDisk (SNDK) (Greenberg)
Wendys (WEN) (Macke)

Dylan Ratigan - The Commissioner
moderator of “Fast Money”

Eric Bolling - The Admiral
“Independent trader at the New York Mercantile Exchange. His specialty, navigating the charts to make you money.”

Guy Adami - The Negotiator
“Block trader at CIBC. He sees what the big boys are doing before anyone else even knows.”

Jeff Macke - The Lone Wolf
“Head of Macke Asset Management. He’ll call a criminal a criminal and a genius a genius.”

Tim Strazzini - The Risk Doctor
“Former head of wealth management at Merill Lynch. You work to make money, he works to help you protect it.”

* Click here and receive a free market forecast using VantagePoint software.
* Click here for 2 free books that teach you how to trade the E-mini’s.
* Click here for free cassette “17 Rules for Successful Futures Trading.”

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
Allegheny Technologies (ATI) (Lightning Round)
Allergen (AGN) (Mad Money)
Amazon (AMZN) (Mad Money)
Amazon (AMZN) (Sell Block on Mad Money)
Archer Daniels Midland (ADM) (Lightning Round)
AT&T (T) (Lightning Round)
BorgWarner (BWA) (Green Day) (Mad Money)
Brunswick (BC) (mentioned on Stop Trading!)
Cal Dive International (DVR) (Lightning Round)
Caterpillar (CAT) (”going to $80″) (Mad Money)
Celgene (CELG) (Mad Money)
Coca-Cola (KO) (Mad Money)
Colgate-Palmolive (CL) (Mad Money)
Costco (COST) (Benefit of the Doubt) (Mad Money)
CVS Caremark (CVS) (Mad Money)
EMC (EMC) (Lightning Round)
Emerson Electric (EMR) (Mad Money)
Federated Department Stores (FD) (Benefit of the Doubt) (Mad Money)
First Solar (FSLR) (Green Day) (Mad Money)
Foster Wheeler (FWLT) (Green Day) (Mad Money)
Fuel Tech (FTEK) (Green Day) (Mad Money)
Genzyme (GENZ) (Mad Money)
Goldman Sachs (GS) (Mad Money)
Halliburton (HAL) (Mad Money)
IBM (IBM) (Sell Block on Mad Money)
J.C. Penney (JCP) (Benefit of the Doubt) (Mad Money)
Kinross Gold (KGC) (CEO on Mad Money)
Kohl’s (KSS) (Benefit of the Doubt) (Mad Money)
MedcoHealth (MHS) (Mad Money)
MEMC Electronic Materials (WFR) (Green Day) (Mad Money)
NutriSystem (NTRI) (Lightning Round)
NVR (NVR) (Lightning Round)
Om Group (OMG) (Green Day) (Mad Money)
Polo Ralph Lauren (RL) (Benefit of the Doubt) (Mad Money)
RadioShack (RSH) (Benefit of the Doubt) (Mad Money)
Riverbed Technology (RVBD) (Sell Block on Mad Money)
Ross Stores (ROST) (Sell Block on Mad Money)
Saks (SKS) (Benefit of the Doubt) (Mad Money)
Sears Holdings (SHLD) (Benefit of the Doubt) (Mad Money)
Shaw Group (SGR) (Green Day) (Mad Money)
Superior Offshore (DEEP) (Lightning Round)
Tetra Tech (TTEK) (Green Day) (Mad Money)
TJX Companies (TJX) (Sell Block on Mad Money)
Transocean (RIG) (Mad Money)
VF Corp (VFC) (Benefit of the Doubt) (Mad Money)
Volcano (VOLC) (Lightning Round)
Whirlpool (WHR) (Mad Money)
Yamana (AUY) (Mad Money)

Bearish
Akamai Technologies (AKAM) (Lightning Round)
American Ecology (ECOL) (Sell Block on Mad Money)
Ivanhoe Energy (IVAN) (Lightning Round)
Krispy Kreme Doughnuts (KKD) (Lightning Round)
Marvell Technology (MRVL) (Lightning Round)
Pacific Ethanol (PEIX) (Lightning Round)
Portfolio Recovery Associates (PRAA) (Sell Block on Mad Money)
Valero Energy (VLO) (Lightning Round)

* Click here and receive a free market forecast using VantagePoint software.
* Click here for 2 free books that teach you how to trade the E-mini’s.
* Click here for free cassette “17 Rules for Successful Futures Trading.”

Stocks ended mostly higher after blowout earnings from Apple Inc. and upbeat results from the likes of 3M Corp. and Ford Motor Co. helped lift the Dow Jones Industrial Average further above 13,000, allowing it to set a new record closing level.

Today, the Dow Jones industrial average closed up 15.61 or 0.12% to 13,105.50, at an all-time high. The broader S&P 500 closed down 1.17 or 0.08% to 1,494.25, and the Nasdaq composite closed up 6.57 or 0.26% to 2554.46.

Market breadth was negative. On the New York Stock Exchange, losers beat winners by 17 to 14 on volume of nearly 1.7 billion shares. On the Nasdaq, decliners topped advancers by a slim margin of 15 to 14 on volume of 2.47 billion shares.

The markets were on both sides of breakeven throughout the session, as investors struggled to position themselves yesterday’s record-breaking session. However, the day’s performance was pretty positive. Upbeat earnings are continuing to fuel the relative strength. With roughly 58% of the S&P 500 having reported results, earnings are currently on track to have risen about 6.8% in the first quarter from a year ago. That’s a slowdown after 14 quarters of double-digit percentage growth, but an improvement from the start of the quarter, when analysts were forecasting growth of just 3.3%.

In economic news, the number of Americans filing new weekly claims for unemployment fell a greater-than-expected 20,000 last week to 321,000. This is from the upwardly revised 341,000 for the previous week.

Shares of Apple closed up $3.49 or 3.7% to $98.84, after reporting quarterly earnings and sales that beat forecasts. It reported an EPS of on revenue of $5.26 billion. Net income rose 88% to $770 million, up from $410 million in the 2006.

Stock of Qualcomm closed down $0.04 to $45.30, despite reporting higher earnings and revenue that beat estimates. The wireless chipmaker also forecast that current-quarter and full-year earnings will top forecasts.

Shares of Amazon.com closed up $5.97 or 10% to $62.78, rising for the second session in a row after reporting higher earnings late Tuesday.

Stock of LSI Logic closed down $0.98 or 10% to $8.94, after the chipmaker warned that second-quarter sales and earnings will miss estimates. The company also reported higher quarterly earnings that missed estimates.

U.S. light crude oil for June delivery dropped 78 cents to $65.06 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter
30-day risk-free trial

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
Amazon (AMZN) (mentioned on Stop Trading!)
Apple Computer (AAPL) (Mad Money)
AT&T (T) (Lightning Round)
BioMarin Phramaceutical (BMRN) (Lightning Round)
Burger King (BKC) ($27 target) (Lightning Round)
Charter Communications (CHTR) (Lightning Round)
Cheesecake Factory (CAKE) (Mad Money)
Coca-Cola (KO) (”headed to $60″) (Mad Money)
Kansas City Southern (KSU) (Mad Money)
McDonald’s (MCD) (Lightning Round)
Nastech Pharmaceutical (NSTK) (Lightning Round)
National Beverage Corp (FIZ) (Mad Money)
Parker-Hannifin (PH) (Lightning Round)
PepsiCo (PEP) (”headed to $75″) (Mad Money)
Pozen (POZN) (Lightning Round)
Savient Pharmaceuticals (SVNT) (Lightning Round)
State Street (STT) (Lightning Round)
Tellabs (TLAB) (Lightning Round)
Thermo Fisher Scientific (TMO) (”goes to 60″) (Lightning Round)
Trinity Industries (TRN) (Lightning Round) (Lightning Round)

Bearish
Denny’s (DENN) (”buy after earnings”) (Mad Money)
MetroPCS Communications (PCS) (Lightning Round)
Restoration Hardware (RSTO) (Mad Money)
Simon Property Group (SPG) (Lightning Round)
XM Satellite Radio (XMSR) (Lightning Round)

* Click here and receive a free market forecast using VantagePoint software.
* Click here for 2 free books that teach you how to trade the E-mini’s.
* Click here for free cassette “17 Rules for Successful Futures Trading.”

Stocks rallied allowing the Dow Jones Industrial Average to finish above the key 13,000 level for the first time, after news of better-than-expected orders for durable goods in March, a possible asset sale at Alcoa Inc. and surging profits at Amazon.com lifted spirits. Positive momentum helped the market focus on evidence of stable consumer prices in the Federal Reserve’s latest Beige Book of economic conditions, while ignoring the survey’s conclusion that the economy isn’t showing any signs of picking up.

Today, the Dow Jones industrial average closed up 135.95 or 1% to 13,089.89, and crossed the 13,000 level within the first 90 seconds of trading. It later hit a new intraday high of 13,107.45 in the afternoon. The broader S&P 500 index closed up 15.01 or 1% to 1,495.42, and the Nasdaq closed up 23.35 or 0.9% to 2,547.89, also ending at a new six-year high.

Market breadth was positive. On the New York Stock Exchange, winners topped losers by 11 to 5 on volume of 1.68 billion shares. On the Nasdaq, advancers beat decliners 3 to 2 on volume of 2.71 billion shares.

Trading volumes showed 1.678 billion shares exchanging hands on the New York Stock Exchange and 2.677 billion trading on the Nasdaq stock market. Advancing issues topped decliners by 23 to 9 on the NYSE and by 17 to 12 on the Nasdaq.

Market continues to be driven by the earnings, which have been good. Investors should be able to absorb any expected slowdown in earnings growth in 2007, as it follows 3-1/2 years of double-digit percentage growth. Earnings are currently on track to have grown 6.2% from a year ago. The forces in the market include the promise of economic expansion, probability that inflation will continue to be subdued and a still confident consumer.

The strong reading on demand for durable goods which rose 3.4% gave a boost to the market. In the afternoon, the Fed’s “Beige Book” periodic reading on the economy showed that most areas of the country saw only moderate expansion.

Shares of Alcoa closed up $1.81 or 5.3% to $35.76, after the aluminum maker said it was considering selling its packaging and consumer segment, responsible for about 10% of its 2006 revenue.

Stock of Amazon closed up $12.06 to $56.81, after reporting higher quarterly sales and earnings that topped estimates. Revenue rose 32% to $3.02 billion, and net sales rose 29%. For the full year, Amazon predicted revenue of $13.4 to $14 billion. The company also announced a stock buy back of $500 million.

Stock of Boeing closed up $1.02 to $94.69, reported higher quarterly sales and earnings that topped estimates. Its first-quarter profit rose a 27% to $877 million, helped by higher commercial airplane deliveries and sales of military equipment. Sales rose 8% to $15.4 billion, ahead of analysts’ estimate of $15.04 billion.

U.S. light crude oil for June delivery rose $1.26 to settle at $65.84 a barrel on the New York Mercantile Exchange after the release of the mixed weekly oil inventories report.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter
30-day risk-free trial

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
Adobe Systems (ADBE) (Lightning Round)
Allegheny Technologies (ATI) (Lightning Round)
Arch Coal (ACI) (Lightning Round)
AT&T (T) (mentioned on Stop Trading!)
Avnet (AVT) (Lightning Round)
BASF (BF) (Lightning Round)
Coca-Cola (KO) (CFO on Mad Money)
CSX (CSX) (Mad Money)
Darden Restaurants (DRI) (”takeover target”) (Mad Money)
Google (GOOG) (Lightning Round)
Koppers (KOP) (Mad Money)
L-3 Communications (LLL) (Lightning Round)
Lockheed Martin (LMT) (Lightning Round)
Northrop Grumman (NOC) (Lightning Round)
Peabody Energy (BTU) (Lightning Round)
Siemens (SI) (Lightning Round)
Superior Offshore (DEEP) (Lightning Round)
Trinity Industries (TRN) (Mad Money)
Union Pacific (UNP) (Mad Money)
Wal-Mart (WMT) (mentioned on Stop Trading!)
Whirlpool (WHR) (mentioned on Stop Trading!)

Bearish
Amazon (AMZN) (mentioned on Stop Trading!)
Applied Materials (AMAT) (Lightning Round)
BJ Services (BJS) (Lightning Round)
Exxon Mobil (XOM) (Lightning Round)
Focus Media Holding (FMCN) (Lightning Round)
Greenbrier (GBX) (Mad Money)
II-VI (IIVI) (Lightning Round)
Target (TGT) (mentioned on Stop Trading!)
Travelzoo (TZOO) (Lightning Round)

* Click here and receive a free market forecast using VantagePoint software.
* Click here for 2 free books that teach you how to trade the E-mini’s.
* Click here for free cassette “17 Rules for Successful Futures Trading.”