Friday, May 12, 2006
Real Money Blog
Commodities Fever Is Breaking
05/12/2006 12:19 PM
In this article, Cramer ponders if the commodity fever is over. He summarizes popular theories as to why gold, copper, zinc and aluminum have gone up so much.
Cramer summarizes: "When commodities go up in price, central banks love to tighten to bring up inventory costs and stop the hoarding. "
Bottom line: Cramer would not be surprised to see stocks rally off their lows today. He cites HAL, NBR, SLB and BHI as good buying opportunities.
Let Lower Gold Stocks Cue Your Buys
05/12/2006 11:10 AM
In this article, Cramer mentions he is buying stock in his Action alerts portfolio. He believes the market is near a bottom and has informed his readers what stocks to look for when bottom fishing.
As follows:
1.with really strong recently reported fundamentals
2.that are down 5%-8% from their highs
3.that are weak-dollar beneficiaries, and
4.not too out of favor (meaning, be careful with health care and biotech and bad tech -- more on that later).
Some stocks on Cramer's radar are:
MDR, SLB, CIEN, SHLD, FWLT, NBR and QCOM.
Get Behind GM's Push to Change
05/12/2006 10:46 AM
In this article, Cramer feels Kirk Kerkorian's representative Jerome York, the man behind IBM's and Chrysler's turnarounds, will shake things up and right GM ship.
Cramer believes GM is bound to get a credit upgrade and eventually will see its shares rise to $40.
Use a Bounce in Tech to Make a Fast Exit
05/12/2006 9:27 AM
In this article, Cramer suggests selling into a bounce. He believes the Nasdaq may make lower lows, after a bounce.
He sums it up: "Frankly, we have nothing cooking at all in tech."
05/12/2006 12:19 PM
In this article, Cramer ponders if the commodity fever is over. He summarizes popular theories as to why gold, copper, zinc and aluminum have gone up so much.
Cramer summarizes: "When commodities go up in price, central banks love to tighten to bring up inventory costs and stop the hoarding. "
Bottom line: Cramer would not be surprised to see stocks rally off their lows today. He cites HAL, NBR, SLB and BHI as good buying opportunities.
Let Lower Gold Stocks Cue Your Buys
05/12/2006 11:10 AM
In this article, Cramer mentions he is buying stock in his Action alerts portfolio. He believes the market is near a bottom and has informed his readers what stocks to look for when bottom fishing.
As follows:
1.with really strong recently reported fundamentals
2.that are down 5%-8% from their highs
3.that are weak-dollar beneficiaries, and
4.not too out of favor (meaning, be careful with health care and biotech and bad tech -- more on that later).
Some stocks on Cramer's radar are:
MDR, SLB, CIEN, SHLD, FWLT, NBR and QCOM.
Get Behind GM's Push to Change
05/12/2006 10:46 AM
In this article, Cramer feels Kirk Kerkorian's representative Jerome York, the man behind IBM's and Chrysler's turnarounds, will shake things up and right GM ship.
Cramer believes GM is bound to get a credit upgrade and eventually will see its shares rise to $40.
Use a Bounce in Tech to Make a Fast Exit
05/12/2006 9:27 AM
In this article, Cramer suggests selling into a bounce. He believes the Nasdaq may make lower lows, after a bounce.
He sums it up: "Frankly, we have nothing cooking at all in tech."
