Thursday, June 29, 2006
Real Money Blog
Glass Is Half-Full Again in Time for Earnings
06/29/2006 4:11 PM
In this article, Cramer suggests the Fed may know future economic data will be benign. Moreover, Cramer cites early earnings reporters ramping, such as AA and YHOO.
Furthermore, he cites SLB and expects it to "have the biggest earnings surprise."
He sums it up: "We've got far more bears than we should have, given the news. We don't even have most people in the market. The hedge funds are positioned bearishly, judging by the short interest figures. Nice timing by the Fed. Nice time altogether."
It's a Whole New Ball Game
06/29/2006 4:01 PM
In this article, Cramer cites all sectors breaking out and declares: "It's a new ball game, a mercifully new ball game."
He mentions strength in MON, JPM, AMTD, KBH, CAT, DE, PG, SLB and UTX.
NOTE: Cramer is giddy over the market spike.
Time to Give Bernanke a Break
06/29/2006 2:43 PM
In this article, Cramer declares "is time to give him(Bernanke) a break."
Cramer feels Bernanke is finally acknowledging the slowing housing market and no longer is " so concerned about things that are out of his control," such as oil.
Bottom line: Cramer is almost giddy over Bernanke's softer stance on rates and suggests Ben "might be done."
06/29/2006 4:11 PM
In this article, Cramer suggests the Fed may know future economic data will be benign. Moreover, Cramer cites early earnings reporters ramping, such as AA and YHOO.
Furthermore, he cites SLB and expects it to "have the biggest earnings surprise."
He sums it up: "We've got far more bears than we should have, given the news. We don't even have most people in the market. The hedge funds are positioned bearishly, judging by the short interest figures. Nice timing by the Fed. Nice time altogether."
It's a Whole New Ball Game
06/29/2006 4:01 PM
In this article, Cramer cites all sectors breaking out and declares: "It's a new ball game, a mercifully new ball game."
He mentions strength in MON, JPM, AMTD, KBH, CAT, DE, PG, SLB and UTX.
NOTE: Cramer is giddy over the market spike.
Time to Give Bernanke a Break
06/29/2006 2:43 PM
In this article, Cramer declares "is time to give him(Bernanke) a break."
Cramer feels Bernanke is finally acknowledging the slowing housing market and no longer is " so concerned about things that are out of his control," such as oil.
Bottom line: Cramer is almost giddy over Bernanke's softer stance on rates and suggests Ben "might be done."
