Wednesday, June 07, 2006
Real Money Blog
Dropoff Shows Despair
06/07/2006 11:45 AM
In this article, Cramer cites "cataclysmic declines" in stocks, specifically IR and AL.
Furthermore, Cramer suggests such steep declines are usually a prelude to recession.
He exclaims: "I am talking about 5% GDP to 1% in a straight line. That's what these stocks are showing."
Bottom line: Cramer doesn't believe the doomsday scenario. He is cautiously sticking with stocks.
Hard-Landing Side Can't Bank on a Win
06/07/2006 11:08 AM
In this article, Cramer attributes the strength in bank stocks like WFC, BAC and C to the soft versus hard landing crowd.
He exclaims: "It's always good to have some signs that the hard-landing/soft-landing war isn't over. Tuesday it sure felt that way."
Infrastructure Gets Undeserved Teardown
06/07/2006 10:29 AM
In this article, Cramer cites the bearish tone in infrastructure stocks as being wrong.
He exclaims: "As someone who takes pain with breakfast, I stare at these stocks and say, "We have a multi-year cycle that is just beginning."
Cramer feels "giving up" on stocks like ABB now is like selling BA @ $50.
Gold's Action Should Close Camp Stagflation
06/07/2006 10:01 AM
In this article, Cramer marks the day, May 12th, as the high for commodity based stocks, particularly gold.
However, he feels with gold down over $100 and inflation on the rise "Gold should be going higher."
Bottom line: Cramer sounds extremely uncertain about the direction of the market.
Market's Gone From Expensive to Cheap
06/07/2006 9:14 AM
In this article, Cramer believes stocks are cheap.
He cites forward PE's as evidence, exclaiming: "You have never gotten hurt badly buying at 15 times forward earnings. And you have made a ton of money when you have."
Take Pains to See Growth's Next Sources
06/07/2006 9:01 AM
In this article, Cramer cites the negativity amongst fund managers and suggests buying GSK or PEP to "stay in the game."
06/07/2006 11:45 AM
In this article, Cramer cites "cataclysmic declines" in stocks, specifically IR and AL.
Furthermore, Cramer suggests such steep declines are usually a prelude to recession.
He exclaims: "I am talking about 5% GDP to 1% in a straight line. That's what these stocks are showing."
Bottom line: Cramer doesn't believe the doomsday scenario. He is cautiously sticking with stocks.
Hard-Landing Side Can't Bank on a Win
06/07/2006 11:08 AM
In this article, Cramer attributes the strength in bank stocks like WFC, BAC and C to the soft versus hard landing crowd.
He exclaims: "It's always good to have some signs that the hard-landing/soft-landing war isn't over. Tuesday it sure felt that way."
Infrastructure Gets Undeserved Teardown
06/07/2006 10:29 AM
In this article, Cramer cites the bearish tone in infrastructure stocks as being wrong.
He exclaims: "As someone who takes pain with breakfast, I stare at these stocks and say, "We have a multi-year cycle that is just beginning."
Cramer feels "giving up" on stocks like ABB now is like selling BA @ $50.
Gold's Action Should Close Camp Stagflation
06/07/2006 10:01 AM
In this article, Cramer marks the day, May 12th, as the high for commodity based stocks, particularly gold.
However, he feels with gold down over $100 and inflation on the rise "Gold should be going higher."
Bottom line: Cramer sounds extremely uncertain about the direction of the market.
Market's Gone From Expensive to Cheap
06/07/2006 9:14 AM
In this article, Cramer believes stocks are cheap.
He cites forward PE's as evidence, exclaiming: "You have never gotten hurt badly buying at 15 times forward earnings. And you have made a ton of money when you have."
Take Pains to See Growth's Next Sources
06/07/2006 9:01 AM
In this article, Cramer cites the negativity amongst fund managers and suggests buying GSK or PEP to "stay in the game."
