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Stock picks by each of the traders on the latest episode of “Fast Money.” (Fast Money Recaps at Online Traders’ Forum)

Bullish
1-800-Flowers (FLWS) (Adami)
1-800-Flowers (FLWS) (Macke)
Biogen (BIIB) (Najarian)
CKE Restaurants (CKR) (Najarian)
Disney (DIS) (Adami)
Disney (DIS) (Macke)
Disney (DIS) (Macke)
EMC (EMC) (Adami)
EMC (EMC) (Najarian)
Fifth Third Bank (FITB) (Najarian)
Jack in the Box (JBX) (”buy on dip”) (Macke)
JetBlue (JBLU) (Greenberg)
JPMorgan Chase (JPM) (Najarian)
McDonald’s (MCD) (”buy on dip”) (Macke)
Micron Tech (MU) (Najarian)
Research In Motion (RIMM) (Bolling)
Standard Pacific (SPF) (Najarian)
Starbucks (SBUX) (Najarian)
Tesoro (TSO) (Bolling)
Toll Brothers (TOL) (Adami)

Bearish
“Home Builders” (Bolling)
1-800-Flowers (FLWS) (Greenberg)
Disney (DIS) (Bolling)
Dow30 ProShares (DOG) (short) (Bolling)
Gap (GPS) (Macke)
JetBlue (JBLU) (Bolling)
MidCap400 ProShares (MYY) (short) (Bolling)
S&P500 ProShares (SH) (short) (Bolling)
Standard Pacific (SPF) (Greenberg)
Starbucks (SBUX) (Macke)

* 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 closed lower as an unexpected surge in new home sales and signs of a pick-up in business spending both revived concerns that the Federal Reserve may raise interest rates.

Today, the Dow Jones industrial average closed down 84.52 or 0.62% to 13,441.13, the S&P 500 index closed down 14.77 or 0.97% to 1,507.51, and the tech-fueled Nasdaq composite closed down 39.13 or 1.52% to 2, 537.92.

Market breadth was negative. On the New York Stock Exchange, losers beat winners by more than 26 to 6 on volume of 1.77 billion shares. On the Nasdaq, decliners topped advancers by 22 to 7 as 2.39 billion shares traded hands.

Upbeat readings on durable goods orders and new home sales turned the tone negative as the focus turned to what stronger economic news might mean for rate cut hopes. While a number of profit warnings weighed on technology, the cautious comments from former Fed chief Alan Greenspan continued to reverberate the markets.

Alan Greenspan, said he’s concerned that Chinese markets could see another dramatic correction following the recent run. A 9% slump in the Shanghai market in late February sparked a global stock market sell off as investors worried about the outlook for growth. These comments and recent market behavior has made investors nervous.

Stock of Network Appliance closed down $6.30 or 16.6% to $31.76, after warning that first-quarter sales and earnings won’t meet estimates. The maker of computer network storage systems also reported higher quarterly earnings that met estimates on higher revenue that topped estimates.

Shares of Computer Associates closed down $2.27 or 8.2% to $25.57, after warning that fiscal 2008 sales and earnings won’t meet forecasts. The management software developer also reported a narrower fourth-quarter loss that was in line with forecasts.

Stock of Boeing closed up $1.85 or 2% to $97.42, after the company reaffirmed that it was on track to see strong earnings and revenue growth in 2007 and 2008.

U.S. light crude oil for July delivery fell $1.59 to settle at $64.18 a barrel on the New York Mercantile Exchange. Increases in U.S. supplies failed to fully offset concerns over renewed tension in the Middle East and a forecast for a particularly active Atlantic hurricane season.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

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
BP (BP) (Lightning Round)
Celgene (CELG) (Lightning Round)
Cisco (CSCO) (Lightning Round)
Crocs (CROX) (mentioned on Stop Trading!)
Genesis Lease (GLS) (Mad Money)
Gilead Sciences (GILD) (Lightning Round)
Halliburton (HAL) (Lightning Round)
Hewlett-Packard (HPQ) (”could trade to $63″) (Mad Money)
Honeywell (HON) (Mad Money)
Patterson-UTI Energy (PTEN) (Lightning Round)
RadioShack (RSH) (Lightning Round)
Saks (SKS) (Lightning Round)
Schering-Plough (SGP) (Lightning Round)
Sears (SHLD) (Mad Money)
Six Flags (SIX) (”will hit $9″) (mentioned on Stop Trading!)
Tetra Tech’s (TTEK) (CEO on Mad Money)

Bearish
3M (MMM) (Mad Money)
Crystallex (KRY) (Lightning Round)
General Motors (GM) (Mad Money)
Geron (GERN) (Lightning Round)
Home Depot (HD) (Mad Money)
Intel (INTC) (Mad Money)
Marvell Technology (MRVL) (Lightning Round)
RH Donnelley (RHD) (Lightning Round)
Sally Beauty Holdings (SBH) (Lightning Round)
SunPower (SPWR) (Lightning Round)
Tellabs (TLAB) (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 lower after an afternoon sell-off sparked by comments from former Federal Reserve Chairman Alan Greenspan, who said that he feared a “dramatic contraction” in the Chinese stock market. The light volumes and a little tentative and nervous market is a result of the strong gains recently.

Today, the Dow Jones industrial average closed down 14.30 or 0.11% to 13,526.65, the S&P 500 index closed down 1.84 or 0.12% to 1,522.28, and the tech-fueled Nasdaq composite closed down 10.97 or 0.42% to 2,577.05.

Market breadth was positive. On the New York Stock Exchange, losers beat winners by 19 to 13 on volume of 1.6 billion shares. On the Nasdaq, decliners edged advancers 17 to 12 on volume of 2.0 billion shares.

Investors welcomed comments from Secretary Paulson that Chinese officials see the need for greater flexibility in the Yuan. Paulson also said the officials agreed there is a need to rebalance the Chinese economy so it is less dependant on exports. The growing trade deficit with China hit $235 billion last year, and U.S. businesses have complained that the cheap Yuan makes it too hard for them to compete with cheaper Chinese imports.

Stock of Alcan closed up $4.97 to $86.00, after turning down a nearly $28 billion unsolicited offer from Alcoa because the amount was too low. Shares of Alcoa closed up $1.32 to $40.27. Alcan is also in talks with BHP Biliton whose stock closed up $1.00 to $51.75, suggesting a potential bidding war could be brewing.

Shares of Target closed up after posting better-than-expected earnings of 75 cents a share but its revenue, at $14.04 billion, fell short of estimates. Analysts had expected on average, first-quarter earnings of 71 cents a share on revenue of $14.17 billion.

Stock of Morgan Stanley closed up $0.21 or 1.5% to $85.84, after it said that it is buying REIT Crescent Real Estate Equities for about $2.3 billion plus debt and preferred shares. This transaction offers a premium of roughly 5.4% to Crescent’s closing stock price of $21.62 Tuesday, and a 12% premium over its prior 30-day average closing price.

U.S. light crude oil for July delivery rose 27 cents to $65.78 a barrel on the New York Mercantile Exchange. Prices rose as U.S. naval action in the Middle East overshadowed a U.S. report showing higher refinery activity.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

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
Ball (BLL) (”worth 60-65″) (Lightning Round)
Caterpillar (CAT) (”$90 by year-end”) (Mad Money)
Cerner (CERN) (Lightning Round)
Chicago Bridge & Iron (CBI) (Lightning Round)
Citigroup (C) (Mad Money)
Coca-Cola (KO) (”$60 in six months”) (Mad Money)
CVS Caremark (CVS) (Lightning Round)
DuPont (DD) (Mad Money)
Exxon Mobil (XOM) (Mad Money)
Halliburton (HAL) (”headed to $40″) (Mad Money)
Halliburton (HAL) (mentioned on Stop Trading!)
Home Depot (HD) (Lightning Round)
Ionatron (IOTN) (Lightning Round)
Jacobs Engineering (JEC) (Lightning Round)
Level 3 (LVLT) (Mad Money)
Lowe’s (LOW) (Lightning Round)
MasterCard (MA) (Mad Money)
McMoRan Exploration (MMR) (”could see a double”) (Mad Money)
Nabors (NBR) (Mad Money)
Oceaneering International (OII) (Lightning Round)
Rite Aid (RAD) (Lightning Round)
Sears (SHLD) (Lightning Round)
Superior Offshore (DEEP) (Lightning Round)
Switch & Data Facilities (SDXC) (Lightning Round)
Verizon (VZ) (Lightning Round)
Walgreen (WAG) (Lightning Round)

Bearish
Aegean Marine Petroleum (ANW) (Lightning Round)
Color Kinetics (CLRK) (Lightning Round)
Daktronics (DAKT) (Lightning Round)
Dendreon (DNDN) (Lightning Round)
Energy Metals (EMU) (Lightning Round)
Hovnanian Enterprises (HOV) (Lightning Round)
Sirius Satellite Radio (SIRI) (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 finished mixed as investors consolidated some of the market’s strong gains, but with sentiment supported by talks aimed at easing economic tensions between the U.S. and China and signs that deal making continues unabated. The M&A activity provides an underlying support for the market. However, we are trading sideways because there doesn’t seem to be that much news and no macro economic data to guide the investors.

Today, the Dow Jones industrial average closed up 3.41 or 0.02% to 13,546.29, the S&P 500 index closed down 1.50 or 0.06% to 1,523.60, and the tech-fueled Nasdaq composite closed up 8.35 or 0.36% to 2,587.14, ending the session at a new six-year high.

Market breadth was positive. On the New York Stock Exchange, winners topped losers 17 to 14 on volume of 1.5 billion shares. On the Nasdaq, advancers beat decliners 9 to 5 on volume of 2.0 billion shares.

Talks between the Treasury Secretary, Paulson, and a group led by Chinese Vice Premier Wu Yi are on to ease economic tension between the two countries. Topics include the growing trade deficit with China, which hit $235 billion last year, in connection to its undervalued currency.

The M&A puts money back into the hands of investors and helps lift stocks. This is a phenomenon that has been seen for few weeks. While the overall market trend remains bullish, stocks could be a little choppy in the short term, with earnings pretty much done and the upcoming long holiday weekend looming.

Shares of MGM closed up $16.92 or 27% to $79.87, on news that billionaire investor Kirk Kerkorian’s Tracinda Corp. has offered to buy its two properties: the Bellagio and CityCenter.

Stock of Fremont General closed up $3.18 or 38% to $10.29, after it stated that it was selling its commercial real estate lending business to iStar Financial for about $1.9 billion. Stock of istar closed up $2.09 to $47.90.

Shares of Advancis Pharmaceutical closed up $0.40 or 17% to $3.13, after the Food and Drug Administration said it will review its treatment for strep throat.

U.S. light crude oil for June delivery fell $1.30 to $64.97 a barrel on the New York Mercantile Exchange. Crude futures had rallied as violence in Nigeria, Lebanon and Israel, along with concerns over supply led oil to a three-session win of 6%.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

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
AIG (AIG) (”another 10 points this year”) (Mad Money)
Alcoa (AA) (”on a rampage, going to $42 or $45″) (Mad Money)
Altria (MO) (Mad Money)
American Express (AXP) (will reach $72 by end of 2007″) (Mad Money)
AT&T (T) (”$45 by year-end”) (Mad Money)
Atwood Oceanics (ATW) (Lightning Round)
Automatic Data Processing (ADP) (Mad Money)
Boeing (BA) (”should reach $105″) (Mad Money)
Cameco (CCJ) (Lightning Round)
Caterpillar (CAT) (mentioned on Stop Trading!)
Chevron (CVX) (Lightning Round)
Darling International (DAR) (Lightning Round)
Deere (DE) (mentioned on Stop Trading!)
Exxon Mobil (XOM) (Lightning Round)
Foster Wheeler (FWLT) (mentioned on Stop Trading!)
Halliburton (HAL) (Lightning Round)
Halliburton (HAL) (mentioned on Stop Trading!)
Hewlett-Packard (HPQ) (Lightning Round)
News Corp. (NWS) (Lightning Round)
Nokia (NOK) (Lightning Round)
Parker Hannifin (PH) (mentioned on Stop Trading!)
Qualcomm (QCOM) (Lightning Round)
Spartan Motors (SPAR) (CEO on Mad Money)
Texas Instruments (TXN) (Lightning Round)
Total System Services (TSS) (Mad Money)
Transocean (RIG) (mentioned on Stop Trading!)
Trinity Industries (TRN) (Lightning Round)

Bearish
Blockbuster (BBI) (Lightning Round)
Brightpoint (CELL) (Lightning Round)
Evergreen Solar (ESLR) (Lightning Round)
FreightCar America (RAIL) (Lightning Round)
Glaxo (GSK) (mentioned on Stop Trading!)
Intel (INTC) (mentioned on Stop Trading!)
Pfizer (PFE) (mentioned on Stop Trading!)
Synopsys (SNPS) (Lightning Round)
Vaalco Energy (EGY) (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 closed mixed, while the broad S&P 500 index briefly touched a record level, as a sustained flow of deal making — including the $27.5 billion acquisition of mobile phone provider Alltel — continued to fuel buying interest.

Today, the Dow Jones industrial average closed down 13.65 or 0.10% to 13,542.88, the broader S&P 500 index closed up 2.35 or 0.15% to 1,525.10, and the tech-fueled Nasdaq composite closed up 20.34 or 0.80% to 2,578.79.

Market breadth was positive. On the New York Stock Exchange, winners beat losers 19 to 13 on volume of 1.5 billion shares. On the Nasdaq, advancers beat decliners by a margin of more than 20 to 9 on volume as 1.95 billion shares changed hands.

Merger news helped buoy stocks most of the session, as has been the case for the last two months. However, by late afternoon, investors began to show some weariness. The markets are continuing to gain ground on lesser volumes. The lesser trading volume can indicate a less enthusiastic involvement than would seem to be the case.

Shares of Alltel closed up $4.33 or 7% to $69.54, after it agreed to a private equity buyout worth almost $25 billion. This would make it the latest U.S. corporate giant to fall into private equity hands. Including the assumption of debt, the deal is worth around $27.5 billion.

Stock of General Electric closed up $0.14 to $37.10, after it confirmed that it is selling its plastics business to manufacturer Saudi Basic Industries for around $11.6 billion. The profits from the sale will allow it to increase its share repurchase plans to between $7 billion to $8 billion, up from the $6 billion it had previously announced plans to repurchase.

Stock of EGL closed up $1.64 or 4% to $46.91, as it got an improved offer from Apollo Management, which is looking to buy it through its U.K.-based CEVA Group.

Shares of Lowe’s closed down $0.83 to $31.84, after the home improvement retailer posted quarterly earnings that missed estimates and issued a forecast for the current quarter that disappointed some investors.

U.S. light crude oil for June delivery rose $1.33 to settle at $66.27 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

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

Bullish
“buy market when it corrects 5-6%” (Adami)
“Refiners” Buy dips (Bolling)
“US Dollar” (Bolling)
Agrium (AG) (Bolling)
Amdocs (DOX) (Adami)
Apache (APA) (Bolling)
Apple (AAPL) (Adami)
Apple (AAPL) (Najarian)
Biogen (BIIB) (Adami)
Bunge (BG) (Bolling)
Chevron (CVX) (Bolling)
Deere & Co (DE) (Bolling)
Dell (DELL) (Adami)
EMC (EMC) (Adami)
Exxon Mobil (XOM) (Bolling)
Google (GOOG) (Najarian)
iShares FTSE/Xinhua China 25 Index (FXI) (Adami)
iShares FTSE/Xinhua China 25 Index (FXI) (Najarian)
Jacobs Engineering Group (JEC) (Adami)
Microsoft (MSFT) (Macke)
Monsanto (MON) (Bolling)
optionsXpress (OXPS) (Najarian)
optionsXpress (OXPS) (Najarian)
Valero Energy (VLO) (Adami)
Zumiez (ZUMZ) (Macke)

Bearish
AIG (AIG) (Bolling)
Crocs (CROX) (Bolling)
Freeport McMoRan (FCX) (Bolling)
iShares FTSE/Xinhua China 25 Index (FXI) (Bolling)
Research In Motion (RIMM) (Najarian)
The9 Ltd (NCTY) (Adami)

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
Analog Devices (ADI) (Next Week’s Game Plan) (Mad Money)
Bare Escentuals (BARE) (Mad Money)
Bucyrus International (BUCY) (Lightning Round)
CA (CA) (Next Week’s Game Plan) (”before Wednesday”) (Mad Money)
Celgene (CELG) (”goes to 74″) (Lightning Round)
Coca-Cola (KO) (Lightning Round)
Coca-Cola (KO) (Mad Money)
Delphi (DPHIQ) (”risky”) (Mad Money)
Dick’s Sporting Goods (DKS) (Next Week’s Game Plan) (Mad Money)
Disney (DIS) (Lightning Round)
Edison International (EIX) (Lightning Round)
Fuel-Tech (FTEK) (Lightning Round)
GameStop (GME) (Next Week’s Game Plan) (Mad Money)
Gilead Sciences (GILD) (Lightning Round)
Halliburton (HAL) (Lightning Round)
L-3 Communications (LLL) (Lightning Round)
Lockheed Martin (LMT) (Lightning Round)
McDonald’s (MCD) (Lightning Round)
Molson Coors Brewing (TAP) (Lightning Round)
Nike (NKE) (Next Week’s Game Plan) (Mad Money)
PepsiCo (PEP) (Lightning Round)
Qualcomm (QCOM) (Lightning Round)
Raytheon (RTN) (Lightning Round)
Target (TGT) (Next Week’s Game Plan) (Mad Money)
Texas Instruments (TXN) (Lightning Round)
Textron (TXT) (Lightning Round)
Under Armour (UA) (Next Week’s Game Plan) (Mad Money)
Under Armour (UA) (mentioned on Stop Trading!)
Yahoo! (YHOO) (”could go to $34″) (mentioned on Stop Trading!)
Yamana Gold (AUY) (Mad Money)

Bearish
Amgen (AMGN) (”3 or 4 downside points”) (Lightning Round)
Anheuser-Busch (BUD) (Lightning Round)
Comtech Telecommunications (CMTL) (Lightning Round)
Infineon Technologies (IFX) (Lightning Round)
Johnson & Johnson (JNJ) (Lightning Round)
Krispy Kreme Doughnuts (KKD) (Mad Money)
Rayonier (RYN) (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.”