Monday, June 12, 2006
Real Money Blog
Crushing Fed Leaves Us Few Prospects
06/12/2006 4:04 PM
In this article, Cramer ponders "Could we be discounting more than the bad news?"
Bottom line: Cramer recaps the bad tape and rips the Fed, again.
06/12/2006 3:44 PM
In this article, Cramer senses fear amongst investors and exclaims: "we are walking piñatas to the price stability crowd in the Federal Reserve."
Also, Cramer now claims "We are still barely oversold now." This contradicts what he has been saying for about a week now.
We're Cheaper Than in the Bubble
06/12/2006 2:59 PM
In this article, Cramer believes the Fed is close to ending its interest rate hikes. Therefore, considering the recent declines in equities, it makes sense to stay in the market.
He exclaims: "Understand, though, we aren't done. But also understand, we are getting cheaper by all historic standards -- at least in the Big Board-listed large caps."
How the Nasdaq Lost Its Groove
06/12/2006 1:00 PM
In this article, Cramer tries to explain why the NASDAQ is getting creamed.
He exclaims: "First of all, it is expensive. Every time I hit up a stock and look at its price-to-earnings multiple, it is appreciably higher than almost any stock on the New York Stock Exchange."
Furthermore, he cites the lack of share buybacks coupled with aggressive stock option grants as reasons wht the Naz is underperforming the big board.
Bottom line: Uncertain times leads to selling.
Fed Sticks It To Ordinary Joes
06/12/2006 2:45 PM
In this article, Cramer starts off with a bold statement:
" Maybe it is time to call the Fed's goal of price stability what it really is: wealth destruction of the average investor."
Bottom line: Cramer believes the Fed is wrongly targeting the "average investor." In the meantime, the "shake out" continues.
06/12/2006 4:04 PM
In this article, Cramer ponders "Could we be discounting more than the bad news?"
Bottom line: Cramer recaps the bad tape and rips the Fed, again.
06/12/2006 3:44 PM
In this article, Cramer senses fear amongst investors and exclaims: "we are walking piñatas to the price stability crowd in the Federal Reserve."
Also, Cramer now claims "We are still barely oversold now." This contradicts what he has been saying for about a week now.
We're Cheaper Than in the Bubble
06/12/2006 2:59 PM
In this article, Cramer believes the Fed is close to ending its interest rate hikes. Therefore, considering the recent declines in equities, it makes sense to stay in the market.
He exclaims: "Understand, though, we aren't done. But also understand, we are getting cheaper by all historic standards -- at least in the Big Board-listed large caps."
How the Nasdaq Lost Its Groove
06/12/2006 1:00 PM
In this article, Cramer tries to explain why the NASDAQ is getting creamed.
He exclaims: "First of all, it is expensive. Every time I hit up a stock and look at its price-to-earnings multiple, it is appreciably higher than almost any stock on the New York Stock Exchange."
Furthermore, he cites the lack of share buybacks coupled with aggressive stock option grants as reasons wht the Naz is underperforming the big board.
Bottom line: Uncertain times leads to selling.
Fed Sticks It To Ordinary Joes
06/12/2006 2:45 PM
In this article, Cramer starts off with a bold statement:
" Maybe it is time to call the Fed's goal of price stability what it really is: wealth destruction of the average investor."
Bottom line: Cramer believes the Fed is wrongly targeting the "average investor." In the meantime, the "shake out" continues.
