Monday, May 22, 2006
Real Money Blog
Look Forward to a Rally Tuesday
05/22/2006 4:16 PM
In this article, Cramer sees positives in the market. He sees bottoms being formed in drugs, financials, machinery and oil stocks.
He suggests looking at foreign stocks for leadership, such as: MTU, ABB and SLB.
Minerals and mining are not to be trusted, not yet.
He believes tech is trying to put in a bottom and suggests looking at QCOM, MRVL, and HPQ.
Think Industrials in Case Fed Softens
05/22/2006 3:54 PM
In this article, Cramer is waiting for pie in the sky comments from the Fed.
Cramer believes if the Fed issues this press release: "We are very encouraged by the commodity selloff and we are not unaware about what's happening with the consumer;" then machinery stocks will rally BIG.
It sounds as if Cramer is drawing for straws on this one.
Trouble With the Neighbors in Allegheny
05/22/2006 3:41 PM
In this article, Cramer draws parallels between the dot coms of 2000 and the metals of today. He cites ATI's mind numbing decline and declares its still up big for the year and it may drop another 6 tomorrow.
He exclaims: "I know that all stocks on the way down share similar characteristics: free fall, which begets more selling by margined players and more selling from the people who don't know what they own but know they are up. "
Get Buying, or Do Nothing, but Don't Panic
05/22/2006 3:04 PM
In this article, Cramer goes through a litanny of sarcasm's, such as: "We aren't going to fill up at the pump, we are done using oil. That's what those stocks are saying."
He believes, we have an incredible buying opportunity in stocks like UTX, C, BAC, SHLD, HPQ, QCOM, BRCD and MRVL now.
For those who are uncertain what to do, Cramer suggests: "That's OK, maybe do nothing. "
Closer to a Bottom Than a Top
05/22/2006 2:28 PM
In this article, Cramer believes "the oils are trying to bottom." He believes SU has gone down enough and may be ripe to buy.
Bottom line- Cramer says: "Again, we're closer to a bottom than a top, although it sure doesn't feel that way."
Discipline Dictates Buying
05/22/2006 2:17 PM
In this article, Cramer highlights the massive selling pressure and attributes it to panic.
He exclaims: "But one of my disciplines is that when the S&P 500 oscillator gets below 5 -- which it today -- I can't sell, and I have to buy."
Panickers Don't Make Sense, or Cents
05/22/2006 1:40 PM
In this article, Cramer exclaims "stupid money" is in control. He is "aghast" by the steep declines in the oil sector.
Weigh Allegheny Tech Buys in Scales
05/22/2006 12:13 PM
In this article, Cramer discusses the steep drop in ATI's stocks price. He believes the "stock has gone from being very expensive to being mildly cheap."
The problem is the amount of shareholders with big margin calls-- forcing the stock lower on liquidations.
He exclaims: "But the sobering lesson I have seen in the market is that any buying has proven to be a nightmare so far."
Buy in increments.
No Safe Haven in Emerging Markets
05/22/2006 11:55 AM
In this article, Cramer cites the spread of communism in Latin America as the reason why their markets are getting rocked.
He exclaims: "The turmoil down there is way too daunting."
Furthermore, he sees no near term bottom in the Indian and Korean markets. He doesn't think the "locals" can absorb all of the ETF selling pressure.
"Carnage."
05/22/2006 4:16 PM
In this article, Cramer sees positives in the market. He sees bottoms being formed in drugs, financials, machinery and oil stocks.
He suggests looking at foreign stocks for leadership, such as: MTU, ABB and SLB.
Minerals and mining are not to be trusted, not yet.
He believes tech is trying to put in a bottom and suggests looking at QCOM, MRVL, and HPQ.
Think Industrials in Case Fed Softens
05/22/2006 3:54 PM
In this article, Cramer is waiting for pie in the sky comments from the Fed.
Cramer believes if the Fed issues this press release: "We are very encouraged by the commodity selloff and we are not unaware about what's happening with the consumer;" then machinery stocks will rally BIG.
It sounds as if Cramer is drawing for straws on this one.
Trouble With the Neighbors in Allegheny
05/22/2006 3:41 PM
In this article, Cramer draws parallels between the dot coms of 2000 and the metals of today. He cites ATI's mind numbing decline and declares its still up big for the year and it may drop another 6 tomorrow.
He exclaims: "I know that all stocks on the way down share similar characteristics: free fall, which begets more selling by margined players and more selling from the people who don't know what they own but know they are up. "
Get Buying, or Do Nothing, but Don't Panic
05/22/2006 3:04 PM
In this article, Cramer goes through a litanny of sarcasm's, such as: "We aren't going to fill up at the pump, we are done using oil. That's what those stocks are saying."
He believes, we have an incredible buying opportunity in stocks like UTX, C, BAC, SHLD, HPQ, QCOM, BRCD and MRVL now.
For those who are uncertain what to do, Cramer suggests: "That's OK, maybe do nothing. "
Closer to a Bottom Than a Top
05/22/2006 2:28 PM
In this article, Cramer believes "the oils are trying to bottom." He believes SU has gone down enough and may be ripe to buy.
Bottom line- Cramer says: "Again, we're closer to a bottom than a top, although it sure doesn't feel that way."
Discipline Dictates Buying
05/22/2006 2:17 PM
In this article, Cramer highlights the massive selling pressure and attributes it to panic.
He exclaims: "But one of my disciplines is that when the S&P 500 oscillator gets below 5 -- which it today -- I can't sell, and I have to buy."
Panickers Don't Make Sense, or Cents
05/22/2006 1:40 PM
In this article, Cramer exclaims "stupid money" is in control. He is "aghast" by the steep declines in the oil sector.
Weigh Allegheny Tech Buys in Scales
05/22/2006 12:13 PM
In this article, Cramer discusses the steep drop in ATI's stocks price. He believes the "stock has gone from being very expensive to being mildly cheap."
The problem is the amount of shareholders with big margin calls-- forcing the stock lower on liquidations.
He exclaims: "But the sobering lesson I have seen in the market is that any buying has proven to be a nightmare so far."
Buy in increments.
No Safe Haven in Emerging Markets
05/22/2006 11:55 AM
In this article, Cramer cites the spread of communism in Latin America as the reason why their markets are getting rocked.
He exclaims: "The turmoil down there is way too daunting."
Furthermore, he sees no near term bottom in the Indian and Korean markets. He doesn't think the "locals" can absorb all of the ETF selling pressure.
"Carnage."
