Archive for October, 2007

Mad Money / Jim Cramer Daily Recap 10/26/07

Friday, October 26th, 2007

OnlineTradersForum.com - traders and investors sharing ideasPlease 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.

On Friday Cramer pointed out that although the reail sector is hurting, “one segment of retail that can really buck the trend is footwear.” Cramer recommended Skechers (SKX) as a good speculative stock.

Bullish
Aecom (ACM) (Lightning Round)
Annaly (NLY) (Game Plan on Mad Money)
Countrywide’s (CFC) (mentioned on Stop Trading!)
FMC Technlologies (FTI) (Game Plan on Mad Money)
Foster Wheeler (FWLT) (Lightning Round)
Hovnanian (HOV) (mentioned on Stop Trading!)
KB Homes (KBH) (mentioned on Stop Trading!)
KBR (KBR) (Lightning Round)
Las Vegas Sands (LVS) (Mad Mail)
Merrill Lynch (MER) (mentioned on Stop Trading!)
Nike (NKE) (Mad Money)
Omniture (OMTR) (Lightning Round)
Oracle (ORCL) (Lightning Round)
Proctor & Gamble (PG) (Lightning Round)
Pulte (PHM) (mentioned on Stop Trading!)
Salesforce.com (CRM) (Lightning Round)
Skechers (SKX) (Featured Stock on Mad Money)
Transocean (RIG) (Game Plan on Mad Money)
UPS (UPS) (Lightning Round)
UPS (UPS) (Lightning Round)
ValueClick (VCLK) (Lightning Round)
Wynn (WYNN) (Mad Mail)

Bearish
Heelys (HLYS) (Mad Money)
Smith & Wesson (SWHC) (Lightning Round)
Taser (TASR) (Lightning Round)
Unilever (UN) (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.”

PortfolioCrafter - Market Commentary 10/26/07

Friday, October 26th, 2007

PortfolioCrafterStocks rallied and posted solid weekly gains, with technology stocks leading the charge after Microsoft Corp.’s earnings blew past analysts’ estimates while raised forecasts from Countrywide Financial Corp. helped soothe concerns about bad home loans. Optimistic outlook overshadowed any potential worries about a plunging dollar and surging oil and gold prices. Investors also looked positively for the coming week, with firm expectations that the Federal Reserve will cut interest rates again.

The Dow Jones industrial average closed up 134.78 or 0.99% to 13,806.70, the broader S&P 500 closed up 20.88 or 1.38% to 1,535.28, and the tech-fueled Nasdaq composite closed up 53.33 or 1.94% to 2,804.19. For the week, the Dow gained 2.1%, the S&P rose 2.3%, and the Nasdaq climbed 2.9%

Market breadth was positive. On the New York Stock Exchange, winners beat losers almost 23 to 8 on volume of nearly 1.4 billion shares. On the Nasdaq, advancers topped decliners by 19 to 10 on volume of 2.5 billion shares.

Strong earnings report and forecast from Microsoft helped fire up stocks, with Countrywide’s forecast adding to the day’s positive corporate outlook. The market is very dependent on the day-to-day news for direction. Investors were also looking to next week’s meeting of the Federal Reserve. They hope that the rate cut will loosen up the near-frozen credit market, and to protect the economy from slowing down too much in the wake of the housing market collapse. If the Fed doesn’t cut rates by at least a quarter-percentage point, stocks could see a big sell off.

With 56% of the S&P 500 having reported September-quarter results, earnings growth is currently on track to have fallen 1% from a year ago. That’s a blended figure, combining reported and expected results, and makes the third quarter the worst for earnings growth in at least 5 years. The University of Michigan’s October consumer sentiment index was revised down to 80.9 from a previous read of 82.

Shares of Microsoft closed up $3.04 or 9.50% to $35.03, after reporting quarterly sales and earnings that beat analysts estimates, citing robust demand for its Vista operating system as well as its top-selling new video game “Halo 3.” It reported a net profit of $4.29 billion, up 23% from the same quarter last year. Revenue rose 27% in the quarter, to $13.76 billion, well ahead of analysts’ expectations of $12.57 billion.

Stock of Countrywide Financial closed up $4.23 or 32.36% to $17.30, after reporting a staggering $1.2 billion third-quarter loss that was worse than what analysts were expecting. Its net loss came to $2.85 a share, against the forecast loss of $1.28 a share.

Shares of Merrill Lynch closed up $5.19 or 8.52% to $66.09, on reporting that CEO Stanley O’Neal, could be forced to resign after the bank took a $7.9 billion write down in the third quarter, related to bad mortgage investments. The speculation mounted after O’Neal approached Wachovia about a merger without consulting Merrill’s board, as the company faced billions of dollars in mortgage losses.

U.S. light crude oil for December delivery rose 64 cents to $91.10 a barrel on the New York Mercantile Exchange. Crude reached a record $92.22 in Asia trading overnight.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

Mad Money / Jim Cramer Daily Recap 10/25/07

Thursday, October 25th, 2007

OnlineTradersForum.com - traders and investors sharing ideasPlease 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.

Cramer said on Thursday’s Mad Money show that the way to play the “video game grown-ups” trend is by investing in GameStop (GME).

Bullish
ABB (ABB) (Lightning Round)
Celgene (CELG) (COO on Mad Money)
Covance (CVD) (Lightning Round)
Denbury Resources (DNR) (Lightning Round)
Ford (F) (Lightning Round)
Foster Wheeler (FWLT) (Lightning Round)
GameStop (GME) (featured on Mad Money)
General Motors (GM) (Lightning Round)
Goldman Sachs (GS) (”Buy Buy Buy”) (Lightning Round)
Intuitive Surgical (ISRG) (CEO on Mad Money)
LifeCell (LIFC) (Lightning Round)
Lululemon (LULU) (”sell half”) (Sell Block on Mad Money)
Nastech Pharmaceutical (NSTK) (Mad Money)
Novo Nordisk (NVO) (Mad Money)
Parker-Hannifin (PH) (Lightning Round)
Psychiatric Solutions (PSYS) (featured on Mad Money)
Quintana Maritime (QMAR) (Lightning Round)
Research In Motion (RIMM) (”sell half”) (Sell Block on Mad Money)
Shaw Group ((SGR)) (Lightning Round)
Thermo Fisher Scientific (TMO) (Lightning Round)

Bearish
Align Technology (ALGN) (Sell Block on Mad Money)
Charming Shoppes (CHRS) (Lightning Round)
Comcast (CMCSA) (mentioned on Stop Trading!)
Delta Air Lines (DAL) (Lightning Round)
FuelCell Energy (FCEL) (Lightning Round)
Hansen Medical (HNSN) (Sell Block on Mad Money)
LabCorp (LH) (mentioned on Stop Trading!)
MGIC (MTG) (mentioned on Stop Trading!)
Nabors (NBR) (mentioned on Stop Trading!)
Odyssey Marine Exploration (OMEX) (Lightning Round)
Palm (PALM) (Lightning Round)
Par Pharmaceutical (PRX) (Lightning Round)
Park National (PRK) (Lightning Round)
Schlumberger (SLB) (mentioned on Stop Trading!)
Terex (TEX) (Lightning Round)
Umpqua Holdings (UMPQ) (Lightning Round)
USEC (USU) (Lightning Round)
Vasco Data Security (VDSI) (Lightning Round)
Zimmer (ZMH) (mentioned on Stop Trading!)

* 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.”

Fast Money Recap 10/25/07

Thursday, October 25th, 2007

OnlineTradersForum.com - Traders and Investors Sharing IdeasStock picks by each of the traders on the latest episode of “Fast Money.” (Fast Money Recaps at Online Traders’ Forum)

Buy
Activision (ATVI) (Macke)
Allstate (ALL) (”buy around $50″) (Adami)
Apple (AAPL) (Najarian)
Celgene (CELG) (Najarian)
Chico’s (CHS) (Macke)
Cisco (CSCO) (Najarian)
Citibank (C) (Adami)
Dell (DELL) (Adami)
Dell (DELL) (Najarian)
Echostar (DISH) (Macke)
Echostar (DISH) (Najarian)
Estee Lauder (EL) (Finerman)
Goldman Sachs (GS) (Finerman)
Goldman Sachs (GS) (Najarian)
Intel (INTC) (Adami)
Intel (INTC) (Macke)
Intercontinental Exchange (ICE) (”buy next dip”) (Adami)
Microsoft (MSFT) (Finerman)
Microsoft (MSFT) (Macke)
Microsoft (MSFT) (Najarian)
Potash (POT) (Macke)
Sotheby’s (BID) (Adami)
State Street (STT) (Najarian)
Suntech (STP) (Najarian)
Under Armour (UA) (Najarian)
Yahoo! (YHOO) (Macke)
Zimmer Holdings (ZMH) (Macke)

Sell
“Crude Oil” (Finerman)
Bear Sterns (BSC) (Najarian)
Big Lots (BIG) (Finerman)
Citibank (C) (Macke)
EMC (EMC) (Adami)
EMC (EMC) (Najarian)
Exxon Mobil (XOM) (Adami)
Lehman Brothers (LEH) (Najarian)
Merrill Lynch (MER) (Finerman)
Merrill Lynch (MER) (Najarian)
NII Holdings (NIHD) (Najarian)
Sun Microsystems (JAVA) (Najarian)
Wellcare Health (WCG) (Adami)

* 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.”

PortfolioCrafter - Market Commentary 10/25/07

Thursday, October 25th, 2007

PortfolioCrafterStocks veered erratically on a mix of economic data, record oil prices, corporate earnings and fretting about the economy. A string of lackluster earnings reports and economic news fueled investors’ nervousness about the direction of the economy.

The Dow Jones industrial average closed down 3.33 or 0.02% to 13,671. 92, the broader S&P 500 closed down 1.48 or 0.10% to 1,514.40, and the tech-fueled Nasdaq composite closed down 23.90 or 0.86% to 2,750. 86.

Market breadth was negative. Volume on the New York Stock Exchange topped 1.6 billion shares, and declining stocks barely outpaced those advancing. On the Nasdaq, more than 2.7 billion shares exchanged hands, and declining stocks topped advancers 3 to 2.

Latest economic numbers and record high oil prices slammed stocks today. Orders for durable goods fell unexpectedly by 1.7% in September, against the expected gain of 1.5%. The number of jobless claims last week fell by 8,000 to 331,000, which was a smaller drop than expected. The new home sales came in slightly weaker than expected.  All this has led to a jittery market. Stock traders are expecting the Federal Reserve to cut interest rates again when it meets next week and are anxiously reacting to each piece of news.

Shares of Comcast closed down $2.57 or 10.78% to $21.28, on reporting earnings that met forecast, but the company lowered its free cash- flow guidance for the year. Its third-quarter profit fell 54% and new customer additions slowed amid increasing competition from phone and satellite TV companies. It earned $560 million, compared with $1.22 billion in the same quarter a year ago. Revenue rose by 21% to $7.78 billion from $6.43 billion a year ago.

Stock of Motorola closed up $0.75 or 4.04% to $19.30, on reporting a plunge in earnings. It posted profit of $60 million, compared with a year-earlier profit of $968 million. Sales fell to $8.81 billion from $10.6 billion a year earlier. Its sales in mobile devices segment fell 36% as it has struggled to produce popular handsets of late.

Shares of Dow Chemical closed down $0.32 or 0.73% to $43.66, after it saw a bigger-than-forecast drop in earnings. It reported a 21% drop in third-quarter net income as strong international growth failed to offset continuing weakness in North America and rising raw material and energy costs. Net sales in the latest quarter rose 10% to $13.59 billion from $12.36 billion.

Stock of Microsoft closed up $0.74 or 2.37% to $31.99, after stating that it was making a $240 million investment in social networking site Facebook, beating out rivals Google and Yahoo. It also committed to expand its pre-existing relationship as exclusive third-party representative for advertising on Facebook.

Shares of Sony closed up $2.69 or 5.94% to $47.98, after it posted $647 million in net profit for the most recent quarter, up from $14.7 million in the same period the previous year. Quarterly sales jumped 12.3% to $18.27 billion; from $16.2 billion.

Oil prices jumped $3.36 to $90.46 a barrel, notching a new intraday high on the New York Mercantile Exchange after Lebanese troops fired on Israeli warplanes and Turkey continued shelling Kurdish positions in Northern Iraq, raising fears of a broader conflict in the Middle East.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

Fast Money Recap 10/24/07

Wednesday, October 24th, 2007

OnlineTradersForum.com - Traders and Investors Sharing IdeasStock picks by each of the traders on the latest episode of “Fast Money.” (Fast Money Recaps at Online Traders’ Forum)

Buy
Altria (MO) (Finerman)
Apple (AAPL) (Najarian)
AT&T (T) (Macke)
Bank of America (BAC) (Adami)
Boeing (BA) (Adami)
Broadcom (BRCM) (”buy at $31.5″) (Adami)
EMC (EMC) (Macke)
EMC (EMC) (Najarian)
Flowserve (FLS) (Finerman)
Garmin (GRMN) (Najarian)
Kaiser Aluminum (KALU) (Finerman)
Manitowoc (MTW) (Najarian)
McDonnald’s (MCD) (Macke)
Microsoft (MSFT) (Adami)
Microsoft (MSFT) (Macke)
Microsoft (MSFT) (Najarian)
Nokia (NOK) (Najarian)
Raymond James (RJF) (Adami)
Research In Motion (RIMM) (Najarian)
Yahoo! (YHOO) (Macke)
Yum! Brands (YUM) (Macke)

Sell
“Chip makers” (Najarian)
“S&P 500″ (Carter Worth)
Cablevision (CVC) (Finerman)
Merrill Lynch (MER) (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.”

PortfolioCrafter - Market Commentary 10/24/07

Wednesday, October 24th, 2007

PortfolioCrafterStocks rebounded late with Merrill Lynch & Co.’s larger than anticipated losses and negative news on the housing front cementing thoughts of another rate cut at next week’s Federal Open Market Committee gathering. Investors came back despite more housing market woes.

The Dow Jones industrial average closed down 0.98 or 0.01% to 13,675.
25, the broader S&P 500 closed down 3.71 or 0.24% to 1,515.88, and the tech-fueled Nasdaq composite closed down 24.50 or 0.88% to 2,774.
76.

Market breadth was negative as decliners topped advancers on the New York Stock Exchange by 5 to 3 on volume of 1.6 billion shares. Losers beat winners by nearly more than 2 to 1 in Nasdaq trading as 2.8 billions shares traded hands.

Report from the National Association of Realtors brought out that existing home sales dropped more than expected. It also stated that the median home price fell 4.2% from a year ago in September. Those two factors, combined with worries about the wildfire impact on the Southern California region and a jump in the price of oil, lead to the decline today. However, traders came back expecting positive action by the feds next week.

Shares of Merrill Lynch closed down $3.90 or 5.81% to $63.22, after reporting a loss of $2.3 billion and stating it was taking a larger-
than-projected write down of $7.9 billion because of losses from bad sub-prime mortgage bets. During the quarter, the bank scaled back its CDO exposure by 53% to $15.2 billion and reduced its sub-prime exposure by 35% to $5.7 billion.

Stock of Amazon closed down $12.09 or 11.99% to $88.73, after showing that sales and earnings surge in the most recent quarter. But the results were not as robust as some investors had hoped.

Shares of Boeing closed down $0.69 or 0.73% to $94.26, despite surprising investors with a 61% jump in quarterly results that topped forecasts, while the company also raised both its earnings and revenue guidance for 2007. However, the company reduced its revenue estimates for 2008 because of delays in the launch of its new 787 “Dreamliner” plane. For the quarter ending Sept. 30, its profit rose to $1.1 billion, up from $694 million a year ago. Revenue rose 12% to $16.5 billion from $14.7 billion a year ago.

Crude prices jumped more than $1 a barrel after U.S. oil inventories took a dip in the latest week. Light, sweet crude for December gained $1.83 to settle at $87.10 a barrel on the New York Mercantile Exchange.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

Mad Money / Jim Cramer Daily Recap 10/24/07

Wednesday, October 24th, 2007

OnlineTradersForum.com - traders and investors sharing ideasPlease 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.

Cramer said on Wednesday that the way to make money in these economic conditions is to invest in companies with “incredibly rapid growth and in the indestructibles, stocks that make money in almost any environment.”

Bullish
Altria (MO) (Mad Money)
Athenahealth (ATHN) (”buy half before earnings”) (Mad Mail)
Celgene (CELG) (Mad Money)
Cisco (CSCO) (Mad Mail)
Cisco (CSCO) (mentioned on Stop Trading!)
CME Group (CME) (Mad Money)
Coca-Cola (KO) (Mad Money)
EMC (EMC) (Lightning Round)
Google (GOOG) (Mad Money)
Hain Celestial (HAIN) (featured on Mad Money)
Hewlett-Packard (HPQ) (Mad Mail)
Intel (INTC) (Mad Mail)
Intuitive Surgical (ISRG) (Lightning Round)
Intuitive Surgical (ISRG) (Mad Money)
Inverness Medical Innovations (IMA) (Mad Money)
Northrop Grumman (NOC) (mentioned on Stop Trading!)
Oracle (ORCL) (”goes to $25″) (Lightning Round)
United Technologies (UTX) (Mad Money)
VF Corp (VFC) (”buy under $80″) (CEO on Mad Money)
VMware (VMW) (Lightning Round)

Bearish
Accuray (ARAY) (Lightning Round)
Compellent Technologies (CML) (Lightning Round)
Corning (GLW) (”buy at $22″) (Lightning Round)
Corus Bankshares (CORS) (Mad Money)
Juniper (JNPR) (mentioned on Stop Trading!)
Level 3 (LVLT) (Lightning Round)
Martha Stewart Living (MSO) (Lightning Round)
Merrill Lynch (MER) (mentioned on Stop Trading!)
Merrill Lynch (MER) (Mad Money)
MGIC Investment (MTG) (Mad Money)
PMI Group (PMI) (Mad Money)
Superior Offshore (DEEP) (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.”

Fast Money Recap 10/23/07

Tuesday, October 23rd, 2007

OnlineTradersForum.com - Traders and Investors Sharing IdeasStock picks by each of the traders on the latest episode of “Fast Money.” (Fast Money Recaps at Online Traders’ Forum)

Buy
Apollo Group (APOL) (Adami)
Burlington Northern (BNI) (Finerman)
Burlington Northern (BNI) (Najarian)
Coach (COH) (Macke)
CSX (CSX) (Adami)
CSX (CSX) (Finerman)
Cypress Semi (CY) (Najarian)
EMC (EMC) (Adami)
Juniper Networks (JNPR) (”buy in low 30s”) (Adami)
Microsoft (MSFT) (Adami)
Microsoft (MSFT) (Macke)
Smith International (SII) (Najarian)
SunPower (SPWR) (Najarian)
United Parcel Service (UPS) (Adami)
VMWare (VMW) (Najarian)
Wal-Mart (WMT) (Adami)
Washington Group (WNG) (Finerman)
Western Union (WU) (Finerman)
Yahoo! (YHOO) (Macke)
Yahoo! (YHOO) (Najarian)

Sell
Countrywide Financial (CFC) (Macke)
EMC (EMC) (Najarian)
JetBlue (JBLU) (Adami)
JetBlue (JBLU) (Macke)
Level 3 (LVLT) (Macke)
Wal-Mart (WMT) (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.”

Mad Money / Jim Cramer Daily Recap 10/23/07

Tuesday, October 23rd, 2007

OnlineTradersForum.com - traders and investors sharing ideasPlease 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.

Cramer said on Tuesday that a good way to make money on market bloodbath days like Friday is to buy stocks on a pullback after shooting up from beating estimates, like Shaw Group (SGR).

Bullish
Aecom Technology (ACM) (Mad Money)
Agrium (AGU) (Lightning Round)
Apple (AAPL) (”sell 50%”) (Mad Money)
Baidu.com (BIDU) (Lightning Round)
China Mobile (CHL) (Lightning Round)
Cisco (CSCO) (Mad Money)
First Solar (FSLR) (Lightning Round)
Focus Media Holding (FMCN) (Lightning Round)
Foster Wheeler (FWLT) (Lightning Round)
Frontline (FRO) (Lightning Round)
Google (GOOG) (Mad Money)
International Game Technology (IGT) (Lightning Round)
Jakks Pacific (JAKK) (”goes to $30″) (Lightning Round)
Mosaic (MOS) (Lightning Round)
Mosaic (MOS) (Mad Money)
Parker-Hannifin (PH) (Lightning Round)
Research In Motion (RIMM) (”sell 50%”) (Mad Money)
Schering-Plough (SGP) (Lightning Round)
Shaw Group (SGR) (Lightning Round)
Shaw Group (SGR) (Mad Money)
Sociedad Quimica y Minera de Chile (SQM) (Lightning Round)

Bearish
Amazon (AMZN) (Mad Money)
Coach (COH) (mentioned on Stop Trading!)
Coach (COH) (Lightning Round)
DryShips (DRYS) (Mad Mail)
Harley-Davidson (HOG) (Lightning Round)
Hershey (HSY) (Mad Mail)
Johnson & Johnson (JNJ) (Lightning Round)
MGIC (MTG) (mentioned on Stop Trading!)
PMI (PMI) (mentioned on Stop Trading!)
Terra Nitrogen (TNH) (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.”