Archive for November, 2007

Fast Money Recap 11/30/07

Friday, November 30th, 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
Apple (AAPL) (Najarian)
Banco Bradesco (BBD) (Seymour)
Boeing (BA) (Adami)
China Mobile (CHL) (Adami)
China Mobile (CHL) (Najarian)
China Mobile (CHL) (Seymour)
Dell (DELL) (Adami)
Eli Lilly (LLY) (Najarian)
GlaxoSmithKline (GSK) (Adami)
Goldman Sachs (GS) (Dennis Gartman)
Home Depot (HD) (Adami)
Limited Brands (LTD) (Finerman)
Nordic American Tanker (NAT) (Najarian)
NVidia (NVDA) (Adami)
Petrobras (PZE) (Dennis Gartman)
Potash (POT) (Dennis Gartman)
Short Dow 30 Proshares (DOG) (Adami)
Tesoro (TSO) (Adami)
Tesoro (TSO) (Finerman)
US Steel (X) (Adami)
US Steel (X) (Seymour)
Wal-Mart (WMT) (Finerman)

Sell
“Crude Oil” (Adami)
Apple (AAPL) (Dennis Gartman)
Banco Itau (ITU) (Seymour)
Big Lots (BIG) (Finerman)
Conoco Phillips (COP) (Dennis Gartman)
Exxon Mobil (XOM) (Dennis Gartman)
Lehman Brothers (LEH) (Dennis Gartman)
Potash (POT) (Seymour)

Mad Money / Jim Cramer Daily Recap 11/30/07

Friday, November 30th, 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’s show Cramer told investors to stick the financial stocks when the markets open next week. Cramer recommended buying Wachovia (WB), Bank of America (BAC) and Citigroup (C).

Bullish
Abbott Laboratories (ABT) (Lightning Round)
Anadarko Petroleum (APC) (Lightning Round)
Annaly (NLY) (mentioned on Stop Trading!)
Annaly Mortgage Mangement (NLY) (discussed on Mad Money)
Anworth’s (ANH) (mentioned on Stop Trading!)
Apache (APA) (Lightning Round)
Bank of America (BAC) (discussed on Mad Money)
Brocade (BRCD) (Mad Mail)
Citigroup (C) (discussed on Mad Money)
Devon Energy (DVN) (Lightning Round)
E*trade (ETFC) (mentioned on Stop Trading!)
Fannie Mae (FNM) (mentioned on Stop Trading!)
Freddie Mac (FRE) (mentioned on Stop Trading!)
Freeport-McMoRan Copper & Gold (FCX) (Lightning Round)
Goldman Sachs (GS) (discussed on Mad Money)
J. Crew (JCG) (mentioned on Stop Trading!)
Level 3 (LVLT) (Mad Mail)
Masimo (MASI) (Mad Mail)
Nordstrom (JWN) (Lightning Round)
Northern Trust (NTRS) (Lightning Round)
Sasol (SSL) (Mad Mail)
Southern Peru Copper (PCU) (Lightning Round)
State Street (STT) (Lightning Round)
Tenet Healthcare (THC) (Featured Stock on Mad Money)
Thompson Creek Metals (TC) (Featured Stock on Mad Money)
Trane (TT) (Lightning Round)
Wachovia (WB) (discussed on Mad Money)
Wells Fargo (WFC) (discussed on Mad Money)
XTO (XTO) (Lightning Round)

Bearish
Anthracite Capital (AHR) (Lightning Round)
E*TRADE (ETFC) (Lightning Round)
Infinera (INFN) (Lightning Round)
Motorola (MOT) (discussed on Mad Money)
Sprint Nextel (S) (discussed on Mad Money)
Western Alliance Bancorporation (WAL) (discussed on Mad Money)


PortfolioCrafter - Market Commentary 11/30/07

Friday, November 30th, 2007

PortfolioCrafterTechnology shares slumped and blue chips cut gains near the end of the session Friday, crimping an earlier rally sparked by bets that the Federal Reserve will cut interest rates at its next meeting.

The Dow Jones industrial average added 0.2 percent, with 30 minutes left in the session. The broader S&P 500 index gained 0.5 percent. The tech-fueled Nasdaq composite lost 0.5 percent.

Stocks rallied through the morning as investors welcomed falling oil prices and comments from Fed chief Ben Bernanke that suggested more rate cuts are on the way. The two developments helped ease worries that the turmoil in financial markets could send the economy into a recession.

But gains were limited in the afternoon by tech weakness, caused in part by disappointment about Dell’s quarterly results. By the last hour of the session, the tech weakness had cut into the rest of the market.

“A rate cut would be a shot in the arm to the markets and I think people are taking Bernanke’s speech as meaning that another rate cut is coming, but stocks have been choppy and are going to remain choppy, ” said Dean Barber, president at Barber Financial Group. Bernanke said Thursday night that the Fed remains concerned about the problems in the housing and credit markets and the threat posed to consumer spending and the economy. He said the Fed would remain “exceptionally alert and flexible” leading up to the next policy meeting on Dec. 11, all of which seemed to signal to Wall Street that the Fed will cut rates again.

Traders are currently betting that the central bank will cut rates by at least a quarter percentage point at the next meeting, with some banking on a half-point cut.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

Fast Money Recap 11/29/07

Thursday, November 29th, 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
“US Dollar” (Adami)
Alpha Natural Resources (ANR) (Najarian)
Ameriprise (AMP) (Adami)
Dell (DELL) (Adami)
Dell (DELL) (Najarian)
Dillard’s (DDS) (Adami)
Dillard’s (DDS) (Najarian)
Domtar Corporation (UFS) (Finerman)
Etrade (ETFC) (Adami)
Etrade (ETFC) (Najarian)
Goldman Sachs (GS) (Finerman)
HDFC Bank (HDB) (Seymour)
ICICI Bank (IBN) (Seymour)
Infosys Technologies (INFY) (Seymour)
Satyam Computer Services (SAY) (Seymour)
Sears (SHLD) (Seymour)
TiVo (TIVO) (Najarian)
US Steel (X) (Adami)
ValueClick (VCLK) (Finerman)

Sell
“Crude Oil” (Adami)
“Gold” (Adami)
Aeropostale (ARO) (Adami)
Lehman Brothers (LEH) (Finerman)

Mad Money / Jim Cramer Daily Recap 11/29/07

Thursday, November 29th, 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 Thursday’s show, Cramer said the now that the market has been up a few days, “the most bearish position now is cash, cash in no longer king” and home-gamers should buy high-growth stocks. For investors looking for stability Cramer recommended preferred stocks with higher dividends.

Bullish
ABB (ABB) (Sudden Death)
Apple (AAPL) (discussed on Mad Money)
AT&T (T) (Lightning Round)
Bank of America (BAC) (discussed on Mad Money)
CBRL (CBRL) (Lightning Round)
Diana Shipping (DSX) (Lightning Round)
Dolby (DLB) (Lightning Round)
Freeport-McMoRan Copper & Gold (FCX) (Sudden Death)
Goldman Sachs (GS) (discussed on Mad Money)
J. Crew (JCG) (mentioned on Stop Trading!)
Marathon Oil (MRO) (Lightning Round)
McDonald’s (MCD) (Lightning Round)
Perfect World (PWRD) (Lightning Round)
Shanda Interactive (SNDA) (Lightning Round)
Sirius (SIRI) (Lightning Round)
Sonic (SONC) (Lightning Round)
Transocean (RIG) (discussed on Mad Money)
UnitedHealth (UNH) (Lightning Round)
Verizon (VZ) (Lightning Round)
Wachovia (WB) (discussed on Mad Money)

Bearish
Alcatel Lucent (ALU) (Mad Mail)
Barrick Gold (ABX) (Lightning Round)
MBIA (MBI) (Lightning Round)
MGIC Investment (MTG) (Lightning Round)
Playboy Enterprises (PLA) (Sudden Death)
PMI Group (PMI) (Lightning Round)
Sears Holdings (SHLD) (discussed on Mad Money)
Starbucks (SBUX) (Mad Mail)
Taseko Mines (TGB) (Sudden Death)
Tesoro (TSO) (Lightning Round)
Voltaire (VOLT) (Lightning Round)


PortfolioCrafter - Market Commentary 11/29/07

Thursday, November 29th, 2007

PortfolioCrafterStocks struggled higher Thursday, at the end of a bumpy session in which investors mulled weak home sales and mixed corporate news ahead of a key speech from Fed chairman Ben Bernanke in the evening.

The Dow Jones industrial average climbed nearly 0.2 percent. The broader S&P 500 index ended just above unchanged and the tech-fueled Nasdaq composite ended 0.2 percent higher.

Stocks had rallied for two sessions, with the Dow gaining nearly 550 points as investors jumped back in after Monday’s decline. It was the biggest two-day advance for the Dow on a point basis since October 2002. On Monday, the three major gauges ended the session down by at least 10 percent off the highs hit in October, a decline that fits the technical definition of a “correction.”

Friday brings reports on personal income and spending for October, construction spending for October and the November Chicago PMI - a regional manufacturing read.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

Fast Money Recap 11/28/07

Wednesday, November 28th, 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
“US Dollar” (Adami)
Acuity (AYI) (Adami)
Barclays (BCS) (Finerman)
Children’s Place (PLCE) (Finerman)
Citigroup (C) (Finerman)
Cypress Semi (CY) (Najarian)
Dell (DELL) (Adami)
Dell (DELL) (Seymour)
eBay (EBAY) (Najarian)
Fannie Mae (FNM) (”buy at $31″) (Najarian)
Google (GOOG) (Najarian)
Intel (INTC) (Adami)
Isis Pharma (ISIS) (Najarian)
MasterCard (MA) (Adami)
Merck (MRK) (Najarian)
MTC Technologies (MTC) (Seymour)
Pzena (PZN) (Finerman)
Siemens (SI) (Najarian)
Stillwater Mining (SWC) (Seymour)
Sunpower (SPWR) (Najarian)
Suntech (STP) (Najarian)
Texas Instruments (TXN) (Adami)
US Bancorp (USB) (Adami)
US Steel (X) (Adami)
Vimplecom (VIP) (Seymour)

Sell
“Crude Oil” (Adami)
“Crude Oil” (Seymour)
“Gold” (Adami)
“US Dollar” (Seymour)
Bed Bath & Beyond (BBBY) (Worth)
Pep Boys (PBY) (Seymour)
Syntax-Brillian (BRLC) (Najarian)
Williams & Sonoma (WSM) (Worth)

PortfolioCrafter - Market Commentary 11/28/07

Wednesday, November 28th, 2007

PortfolioCrafterStocks surged Wednesday, with the Dow industrials rallying 331 points, after comments from a Federal Reserve official sparked bets that the central bank will cut rates again at its next policy meeting.

A rebound for the embattled financial sector and plunging oil prices helped Wall Street advance for the second session in a row.

The Dow Jones industrial average gained 331 points, its second-best single day advance of the year. The 30-stock index climbed by as much as 366 points during the session. The broader S&P 500 index rose about 2.9 percent and the tech-fueled Nasdaq climbed 3.2 percent.

Stocks rallied Tuesday as well. The two-day advance boosted the Dow by 546.01 points, giving it its best two-day run on a point basis since October 2002.

Wednesday’s big rally was sparked by comments from Donald Kohn, the Federal Reserve’s No. 2 official. Kohn seemed to signal a change in recent Fed policy, saying that the recent market turmoil has reversed some of the improvements in market functioning seen at the time of the last Fed meeting at the end of October.

He said that the central bank needs to be “nimble” and that it can’t risk a threat to the economy just to teach speculators a lesson.

Stock participants seemed to take this as an indication that the Federal Reserve plans to cut a key short-term interest rate at the Dec. 11 meeting, as investors have been hoping. Investors will be looking to see if Federal Reserve Chairman Ben Bernanke reaffirms this viewpoint when he speaks Thursday night.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter

Mad Money / Jim Cramer Daily Recap 11/28/07

Wednesday, November 28th, 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 Wednesday, Cramer said the current situation looks a lot like 1990, when the market bottomed. Goldman Sachs (GS) is the best of the financials and should be bought, Cramer said. People should also buy Apple (AAPL), Research In Motion (RIMM) and Google (GOOG).

Bullish
Activision (ATVI) (discussed on Mad Money)
Amazon.com (AMZN) (discussed on Mad Money)
America Movil SA (AMX) (discussed on Mad Money)
Apple Computer (AAPL) (discussed on Mad Money)
AT&T (T) (Lightning Round)
Banco Itau Holding Financeira (ITU) (discussed on Mad Money)
Blue Coat Systems (BCSI) (Lightning Round)
Chipotle Mexican Grille (CMG) (Lightning Round)
Citigroup (C) (mentioned on Stop Trading!)
Companhia Vale do Rio Doce (RIO) (discussed on Mad Money)
ConocoPhillips (COP) (Lightning Round)
Costco Wholesale (COST) (Lightning Round)
CVS (CVS) (Lightning Round)
Cypress Semiconductor (CY) (Lightning Round)
Deere and Co (DE) (discussed on Mad Money)
Electronic Arts (ERTS) (discussed on Mad Money)
First Solar (FSLR) (Lightning Round)
Gamestop (GME) (discussed on Mad Money)
Garmin (GRMN) (Lightning Round)
Gen Probe (GPRO) (CEO interview on Mad Money)
Goldman Sachs Group (GS) (discussed on Mad Money)
Google (GOOG) (discussed on Mad Money)
Halliburton (HAL) (discussed on Mad Money)
Intuitive Surgical (ISRG) (discussed on Mad Money)
Layne Christensen (LAYN) (Lightning Round)
Monsanto (MON) (discussed on Mad Money)
Nike (NKE) (Lightning Round)
Nokia Oyj (NOK) (Lightning Round)
Research In Motion (RIMM) (discussed on Mad Money)
The Boeing (BA) (Lightning Round)
XTO Energy (XTO)) (discussed on Mad Money)
Yum! Brands (YUM) (Lightning Round)

Bearish
American Oriental Bioengineering (AOB) (Lightning Round)
American Railcar Ind (ARII) (Lightning Round)
China Nepstar Chain Drugstore (NPD) (Lightning Round)
comScore (SCOR) (Lightning Round)
Evergreen Solar (ESLR) (Lightning Round)
Exploration Co. of Delaware (TXCO) (Lightning Round)
LDK Solar (LDK) (Lightning Round)
Smithfield Foods (SFD) (Lightning Round)
Virgin Mobile USA (VM) (Lightning Round)


PortfolioCrafter - Market Commentary 11/27/07

Tuesday, November 27th, 2007

PortfolioCrafterStocks rose Tuesday, reclaiming most of the day’s gains at the end of a choppy afternoon in which investor enthusiasm for recently battered shares was tried by ongoing worries about the economy.

The Dow Jones Industrial Average rose 215 points, or 1.7%, to end at 12,958.4, with all but two of its 30 components ending higher.

The S&P 500 index added 1.5 percent and the Nasdaq composite rose 1.6 percent.

U.S. home prices fell in every region of the country in September, according to the national Case-Shiller price index released by Standard & Poor’s. The study found prices fell 4.5% nationally during the past year. Read Economic Report.

Economists at Goldman Sachs now expect the Federal Reserve to cut interest rates to 3% by mid-2008, down from its earlier forecast of 4%, saying that the worsening housing downturn has pushed the risk of a U.S. recession next year to 40% to 45% from around 30% previously.

Treasury prices slumped, boosting the corresponding yields as investors stepped back after Monday’s bond market rally. Bond prices and yields move in opposite directions.

The dollar gained versus other major currencies. Oil and gold prices slumped.

All the best,
Manuel Jesus-Backus
The Portfolio Crafter