Tuesday, August 01, 2006
Real Money Blog
Earnings Spin Control
08/01/2006 11:38 AM
In this article, Cramer rips VG for its bad earnings report and for management making "unbelievably positive" comments on its conference call..
Cramer elaborates: "Despite missing on every important metric, despite being cut to ribbons by the new Comcast Triple Play offering, it starts the call with the usual claptrap: "We are very pleased with our results this quarter." Oh really? I am really pleased when I lose a lot of money, too. Duh!"
Bottom line: Despite the market breaking down, Cramer finds time to rip a stock (VG) nobody owns or cares about, for-no-apparent-reason.
No Conviction in the Action
08/01/2006 11:04 AM
In this article, Cramer feels the market cannot rally because it has already rallied?
He opines: "Even though the first day of a month is seasonably the strongest day around, we can't advance here. There's too much borrowed from the rally we expect on the Fed meeting."
Furthermore, he seems thoroughly discouraged by the give-take trend of the current tape.
Finally, he declares VLO "the best if you want to play a rebound."
An Unturned Stone in Minerals Consolidation
08/01/2006 8:53 AM
In this article, Cramer cites the consolidation in the mineral space and suggests that they are right and the stock market is wrong.
Meaning: We are not going into a recession and the market is overreacting.
Bottom line: Cramer thinks FCX is the best play in the group.
08/01/2006 11:38 AM
In this article, Cramer rips VG for its bad earnings report and for management making "unbelievably positive" comments on its conference call..
Cramer elaborates: "Despite missing on every important metric, despite being cut to ribbons by the new Comcast Triple Play offering, it starts the call with the usual claptrap: "We are very pleased with our results this quarter." Oh really? I am really pleased when I lose a lot of money, too. Duh!"
Bottom line: Despite the market breaking down, Cramer finds time to rip a stock (VG) nobody owns or cares about, for-no-apparent-reason.
No Conviction in the Action
08/01/2006 11:04 AM
In this article, Cramer feels the market cannot rally because it has already rallied?
He opines: "Even though the first day of a month is seasonably the strongest day around, we can't advance here. There's too much borrowed from the rally we expect on the Fed meeting."
Furthermore, he seems thoroughly discouraged by the give-take trend of the current tape.
Finally, he declares VLO "the best if you want to play a rebound."
An Unturned Stone in Minerals Consolidation
08/01/2006 8:53 AM
In this article, Cramer cites the consolidation in the mineral space and suggests that they are right and the stock market is wrong.
Meaning: We are not going into a recession and the market is overreacting.
Bottom line: Cramer thinks FCX is the best play in the group.
