Tuesday, June 06, 2006
Real Money Blog
Hope This Encouraging Close Holds
06/06/2006 4:23 PM
In this article, Cramer likes the tone of the late day rally. He dismisses those who say it was simply a short covering rally. His point is: "we held."
He exclaims: "But this was a more encouraging close than was to be expected."
Why a Bounce Won't Mean Enough
06/06/2006 3:21 PM
In this article, Cramer doesn't put much credence in a bounce off these levels.
He exclaims: "I respect the technicals just as much as the next guy, but in the end, until we are oversold and have about 40% bulls on Chartcraft's Investors Intelligence survey, every rally is going to bring out sellers."
Finally, he ponders if the Fed realizes how incredibly "stupid" they look-- with regards to their public comments.
News Doesn't Matter to This Market
06/06/2006 3:08 PM
In this article, Cramer believes we are in an environment where positive news for stocks means nothing. He cites the lackluster reaction to good news from BA, ELN, PALM and AAPL.
Skittish Rallies Shudder at Thought of Fed
06/06/2006 2:43 PM
In this article, Cramer suggests the market may bounce off the say low.
Also, he cites Fed Governors overly hawkish comments as a drag on U.S. stocks.
NOTE: Apparently, Cramer had pulled and edited the above post to sound less bullish. One subscriber expresses his dismay:
Cannon said...
06/06/2006 2:57 PM
Big Cramer fan here...but this is Wrong!
06/06/2006 2:37 PM
In this article, Cramer compares the Fed to Tony Soprano "just out of the hospital; he had to go beat the heck out of someone to prove he was tough. In this case, the Fed is beating up on the market."
However, Cramer does see a potential bounce today, as GE, IBM, XOM, CSCO, MU, MOT and T hold their ground.
He does note a lack of leadership.
Rally Artists Leave Us With a Mess
06/06/2006 2:00 PM
In this article, Cramer said if he were short: "I would be in there pressing my bets."
Midday Rally Comes Too Soon
06/06/2006 1:05 PM
In this article, Cramer exclaims: "If I were back at my hedge fund at this moment, I would be scaling slowly of out stocks I bought at the nadir."
Moreover, he is happy to buy at the lows, while selling losers and winners into a rally.
06/06/2006 4:23 PM
In this article, Cramer likes the tone of the late day rally. He dismisses those who say it was simply a short covering rally. His point is: "we held."
He exclaims: "But this was a more encouraging close than was to be expected."
Why a Bounce Won't Mean Enough
06/06/2006 3:21 PM
In this article, Cramer doesn't put much credence in a bounce off these levels.
He exclaims: "I respect the technicals just as much as the next guy, but in the end, until we are oversold and have about 40% bulls on Chartcraft's Investors Intelligence survey, every rally is going to bring out sellers."
Finally, he ponders if the Fed realizes how incredibly "stupid" they look-- with regards to their public comments.
News Doesn't Matter to This Market
06/06/2006 3:08 PM
In this article, Cramer believes we are in an environment where positive news for stocks means nothing. He cites the lackluster reaction to good news from BA, ELN, PALM and AAPL.
Skittish Rallies Shudder at Thought of Fed
06/06/2006 2:43 PM
In this article, Cramer suggests the market may bounce off the say low.
Also, he cites Fed Governors overly hawkish comments as a drag on U.S. stocks.
NOTE: Apparently, Cramer had pulled and edited the above post to sound less bullish. One subscriber expresses his dismay:
Cannon said...
06/06/2006 2:57 PM
Big Cramer fan here...but this is Wrong!
but wow...I find it disingenuous to pull and change the text of a published blog. The revised text above is not was published just a few minutes prior...where you were decidely more optimistic for a rally. In the interest of maintaining credibiltiy, I would suggest reposting the original and the rapid follow-up. A happy subscriber.
Rally Stumbles Without Winning Leaders06/06/2006 2:37 PM
In this article, Cramer compares the Fed to Tony Soprano "just out of the hospital; he had to go beat the heck out of someone to prove he was tough. In this case, the Fed is beating up on the market."
However, Cramer does see a potential bounce today, as GE, IBM, XOM, CSCO, MU, MOT and T hold their ground.
He does note a lack of leadership.
Rally Artists Leave Us With a Mess
06/06/2006 2:00 PM
In this article, Cramer said if he were short: "I would be in there pressing my bets."
Midday Rally Comes Too Soon
06/06/2006 1:05 PM
In this article, Cramer exclaims: "If I were back at my hedge fund at this moment, I would be scaling slowly of out stocks I bought at the nadir."
Moreover, he is happy to buy at the lows, while selling losers and winners into a rally.
