Thursday, June 08, 2006
Real Money Blog
Canceled Projects Fit Fed's Health Regimen
06/08/2006 12:26 PM
In this article, Cramer suggests the Fed should "think twice about being so glib about the strength of the economy."
Moreover, he believes the Fed wants to see the economy slow and the market decline.
He exclaims: "What a recipe for a cataclysm that is!"
Don't Kill the Stock Market
06/08/2006 12:24 PM
In this article, Cramer offers words of wisdom: "We don't want to kill the stock market to rid ourselves of inflation or kill the economy."
Also, Cramer cites the lack of support from the Fed Governors and the 400% increase in the Fed funds rate.
Cramer rips Bernanke, saying: "I don't think the amateur running the Fed has any idea of how quickly confidence, both business confidence and confidence in the pieces of paper we trade, can be destroyed."
Bottom line: Cramer sees many similarities between today's environment and the crash of 1987. And, we have a Fed that is "a clueless group of government cronies."
Lampert Puts Sears in a Sweet Spot
06/08/2006 12:04 PM
In this article, Cramer touts Eddie Lampert and SHLD. He brags of how well SHLD is doing and attributes its gain to Lampert's share buyback.
He exclaims: "I ought to include the buyback that Eddie's doing, because it is perhaps the most level-headed and aggressive at the same time that I know."
Furthermore, Cramer complients Lamperts real estate prowess, saying: "As savvy as Eddie is with buybacks, he is even more savvy with real estate."
Bottom line: This article is an Eddie Lampert lovefest and has the feel of being a jinx on SHLD's stock price. Too much hubris.
There Are Buys, but Few Buyers
06/08/2006 11:37 AM
In this article, Cramer believes this recent selloff represents a great buying opportunity.
He exclaims: "If I had no capital in the market and had cash, I would find this moment to be one of the greatest I'd ever seen because I could buy things right now at a considerable discount to where they were four weeks ago, and not every company with a stock in that position is going to fall apart."
Bottom line: Cramer feels is recession doesn't come to fruition, within two quarters, buying at these levels will prove to be a wise decision.
Buyback Kings Hold Ground in Heavy Selling
06/08/2006 11:21 AM
In this article, Cramer believes without an active stock buyback, companies can't withstand this selling frenzy.
He cites strength in PEP, UTX, BAC,GD, WFC, C and MMM-- due to active buybacks.
Lay of the Market Favors Recession Stocks
06/08/2006 10:47 AM
In this article, Cramer ridicules PG for rallying, after it reduced guidance. He feels CLX, CL and KMB "could all go up the same way."
Put Toppy Stocks at Bottom of Your List
06/08/2006 10:34 AM
In this article, Cramer cites the terrible charts of everything buy food and drug. However, he feels he must continue to buy stocks like FWLT, IR and ABB on the way down.
Bottom line: Barring a recession, the market should do fine. Cramer is trying to look out 6-8 months with his purchases.
NOTE: The attitude of Cramer's subscribers are rapidly souring-- as Jim's rec's get hit day after day.
This message represents the consensus:
angelo said...
06/08/2006 10:46 AM
Out of Touch
06/08/2006 10:13 AM
In this article, Cramer likes the market opening lower.
Cramer sums it up: "I am not saying that we will get a washout. I am saying that the market opening down could be the best thing we could hope for as we need hope extinguished if we are ever going to get a significant, tradeable rally."
What We Know for Sure: We've Got Sellers
06/08/2006 10:02 AM
In this article, Cramer ponders the numerous reasons wht the market will not bounce. Also, he feels we need to trade lower.
He exclaims: "The oversold readings -- the oscillators -- aren't there yet. Yes, we need more down days before we can bounce."
Be careful.
What's Wrong: Margin Debt, Ugly Offerings
06/08/2006 9:20 AM
In this article, Cramer compares this market to 2000. He cites similar margin debts (80 billion), hot sectors (oil, copper, gold), bad deals (VG) and a nervous investor.
Slip in Oil Linkup Leads to Opportunity
06/08/2006 8:53 AM
In this article, Cramer feels if oil prices do not decline $4-5 a barrel, then the sector is cheap.
06/08/2006 12:26 PM
In this article, Cramer suggests the Fed should "think twice about being so glib about the strength of the economy."
Moreover, he believes the Fed wants to see the economy slow and the market decline.
He exclaims: "What a recipe for a cataclysm that is!"
Don't Kill the Stock Market
06/08/2006 12:24 PM
In this article, Cramer offers words of wisdom: "We don't want to kill the stock market to rid ourselves of inflation or kill the economy."
Also, Cramer cites the lack of support from the Fed Governors and the 400% increase in the Fed funds rate.
Cramer rips Bernanke, saying: "I don't think the amateur running the Fed has any idea of how quickly confidence, both business confidence and confidence in the pieces of paper we trade, can be destroyed."
Bottom line: Cramer sees many similarities between today's environment and the crash of 1987. And, we have a Fed that is "a clueless group of government cronies."
Lampert Puts Sears in a Sweet Spot
06/08/2006 12:04 PM
In this article, Cramer touts Eddie Lampert and SHLD. He brags of how well SHLD is doing and attributes its gain to Lampert's share buyback.
He exclaims: "I ought to include the buyback that Eddie's doing, because it is perhaps the most level-headed and aggressive at the same time that I know."
Furthermore, Cramer complients Lamperts real estate prowess, saying: "As savvy as Eddie is with buybacks, he is even more savvy with real estate."
Bottom line: This article is an Eddie Lampert lovefest and has the feel of being a jinx on SHLD's stock price. Too much hubris.
There Are Buys, but Few Buyers
06/08/2006 11:37 AM
In this article, Cramer believes this recent selloff represents a great buying opportunity.
He exclaims: "If I had no capital in the market and had cash, I would find this moment to be one of the greatest I'd ever seen because I could buy things right now at a considerable discount to where they were four weeks ago, and not every company with a stock in that position is going to fall apart."
Bottom line: Cramer feels is recession doesn't come to fruition, within two quarters, buying at these levels will prove to be a wise decision.
Buyback Kings Hold Ground in Heavy Selling
06/08/2006 11:21 AM
In this article, Cramer believes without an active stock buyback, companies can't withstand this selling frenzy.
He cites strength in PEP, UTX, BAC,GD, WFC, C and MMM-- due to active buybacks.
Lay of the Market Favors Recession Stocks
06/08/2006 10:47 AM
In this article, Cramer ridicules PG for rallying, after it reduced guidance. He feels CLX, CL and KMB "could all go up the same way."
Put Toppy Stocks at Bottom of Your List
06/08/2006 10:34 AM
In this article, Cramer cites the terrible charts of everything buy food and drug. However, he feels he must continue to buy stocks like FWLT, IR and ABB on the way down.
Bottom line: Barring a recession, the market should do fine. Cramer is trying to look out 6-8 months with his purchases.
NOTE: The attitude of Cramer's subscribers are rapidly souring-- as Jim's rec's get hit day after day.
This message represents the consensus:
angelo said...
06/08/2006 10:46 AM
Out of Touch
Sorry Jim, but it appears that you are terribly out of touch. Not buy tops? you're down about a 1%, Rev is up about 35%. the difference? good charts, stocks making new highs, not trying to pick bottoms or average down. time to take a vacation.
Good, a Down Open06/08/2006 10:13 AM
In this article, Cramer likes the market opening lower.
Cramer sums it up: "I am not saying that we will get a washout. I am saying that the market opening down could be the best thing we could hope for as we need hope extinguished if we are ever going to get a significant, tradeable rally."
What We Know for Sure: We've Got Sellers
06/08/2006 10:02 AM
In this article, Cramer ponders the numerous reasons wht the market will not bounce. Also, he feels we need to trade lower.
He exclaims: "The oversold readings -- the oscillators -- aren't there yet. Yes, we need more down days before we can bounce."
Be careful.
What's Wrong: Margin Debt, Ugly Offerings
06/08/2006 9:20 AM
In this article, Cramer compares this market to 2000. He cites similar margin debts (80 billion), hot sectors (oil, copper, gold), bad deals (VG) and a nervous investor.
Slip in Oil Linkup Leads to Opportunity
06/08/2006 8:53 AM
In this article, Cramer feels if oil prices do not decline $4-5 a barrel, then the sector is cheap.
