Thursday, May 25, 2006
Real Money Blog
The Game's Better, but Not Yet Good
05/25/2006 3:12 PM
In this article, Cramer cites "weird crosscurrents ."
He exclaims: "Of course, there isn't enough to buy anything but oil. And aerospace and defense aren't working; same for some of the mining stocks, courtesy of Joy Global."
Also, he cites GIS's spike and attributes it to a large brokerage house potentionally covering a short.
He believes the shorts are covering oils and ETF's and new money piling into recession proof stocks.
05/25/2006 2:49 PM
In this article, Cramer suggests to trim back your oil positions, after today's run.
He exclaims: "The truth is if I had a full position in CVX or COP, I would trim some back. Get in shape for the now business-as-usual Friday statement from Iran is that it wants no problems with us."
It's Just a Storage Issue for Natural Gas
05/25/2006 1:56 PM
In this article, Cramer declares the reason why nat gas is down stems from the lack of storage capacity. He feels if we had a place to store gas, the price would gap up.
He believes DOW should lock in these "artificially low" natural gas prices-- before they jump.
Bottom line: Cramer says buy nat gas.
05/25/2006 12:04 PM
In this article, Cramer is confused by NTAP's declining stock price. He feels the numbers and guidance should warrant a rally.
Nonethless, Cramer believes the stock will eventually rebound, like YHOO.
He sums it up: "What this does, though, is take away any urgency whatsoever to buy. If you know that a quarter, even a good quarter, won't matter, why the heck would you ever buy anything in the tech world?"
