Friday, July 28, 2006
Real Money Blog
Tempered Enthusiasm
07/28/2006 12:58 PM
In this article, Cramer feels the market is going up due to "post-earnings period plus end-of-month mark-ups."
However, he remains cautious on the general direction of the market, ahead of the Fed meeting, although he does like the market being led by financials (up nicely today).
GS is Cramer's "favorite" stock.
Housing's Return to Rationality
07/28/2006 8:34 AM
In this article, Cramer cites the slowing housing market and believes "rationality has returned to housing."
He sums it up: "I don't want to own the homebuilders. I don't particularly care to own stocks where the estimates are too high. I have my hands filled with companies that beat the estimates but go down anyway. But the bears have to be a little more realistic, too. Housing's not collapsing. It is simply not going up in price."
07/28/2006 12:58 PM
In this article, Cramer feels the market is going up due to "post-earnings period plus end-of-month mark-ups."
However, he remains cautious on the general direction of the market, ahead of the Fed meeting, although he does like the market being led by financials (up nicely today).
GS is Cramer's "favorite" stock.
Housing's Return to Rationality
07/28/2006 8:34 AM
In this article, Cramer cites the slowing housing market and believes "rationality has returned to housing."
He sums it up: "I don't want to own the homebuilders. I don't particularly care to own stocks where the estimates are too high. I have my hands filled with companies that beat the estimates but go down anyway. But the bears have to be a little more realistic, too. Housing's not collapsing. It is simply not going up in price."
