Friday, June 16, 2006
Real Money Blog
Market Needs to Earn Our Trust
06/16/2006 11:14 AM
In this article, Cramer cites today's selloff as "benign," and says "we don't want to give back too much here."
Now, Cramer says that today's selloff is somewhat warranted, saying: "If you were to ask me what I didn't like about Thursday's rally, I would say, "All of these 5-point gains on new news. That's not sustainable."'
Bottom line: Cramer's bullish convictions that he wore on his sleeve yesterday seem to have faded a bit. He sums up the article: "If we hold here, we are fine. If we go down much more, people will say, "OK, it was all phony." Don't want that, don't want that at all."
NOTE: Geez.
How Homework Helps: Urban Outfitters
06/16/2006 10:22 AM
In this article, Cramer preaches about doing homework before buying a stock. He cites URBN and suggests because of the weakening fundamentals, the stock went from $28-18 and did not get cheaper.
Cramer sums it up: "Complacency can be a portfolio killer."
Pick the Right 'Discount' Brokers
06/16/2006 9:56 AM
In this article, Cramer compares ET, AMTD and SCHW's rich PE multiples, compared to GS, and ponders: "Does that make sense? "
Furthermore, he doesn't suggest swapping the discount brokers for BSC or GS. Instead, he wants to alert his readers how cheap they (GS, BSC) are.
Bottom line: "... if the retail investor gets shaken out, you will be overpaying."
Focus on Balance Here
06/16/2006 9:39 AM
In this article, Cramer suggests balancing your portfolio "with some of everything."
He exclaims: "But I do believe that this strength is an excellent time to reposition into more defensive names."
Bassically, Cramer is spot on in this article, telling his readers to use this market strength to diversify.
NOTE: Cramer seems to have found his footing.
Don't Be Blinded by Nostalgia for Big Tech
06/16/2006 9:12 AM
In this article, Cramer thinks the media is wasting time focusing on legacy take companies, like MSFT, DELL, INTC, CSCO and ORCL.
Instead, Cramer thinks the media should highlight today's growth companies, like CTXS, NTAP, QCOM and PALM.
Also, he'd rather own AMD and AAPL instead of INTC and DELL.
He exclaims: "I chalk it up as another sign that the media simply can't get you where you need to be as a good investor because much of the media is made up of people who could care less about investing and just regard the news as something to report, like baseball scores, without the analysis. They rely on guests to do the analyzing not because they are better but because they just don't know any better."
There's Capitulation Behind the Big Move
06/16/2006 8:52 AM
In this article, Cramer attributes yesterday's rally to "greedy" shorts "overstaying" their welcome.
Moreover, he cites the oscillator at -5 and suggests: "The most important thing for you to know is that at the extremes, you get these extremes and they are not caused by the data, they are caused by panicked shorts or longs caught leaning the wrong way."
06/16/2006 11:14 AM
In this article, Cramer cites today's selloff as "benign," and says "we don't want to give back too much here."
Now, Cramer says that today's selloff is somewhat warranted, saying: "If you were to ask me what I didn't like about Thursday's rally, I would say, "All of these 5-point gains on new news. That's not sustainable."'
Bottom line: Cramer's bullish convictions that he wore on his sleeve yesterday seem to have faded a bit. He sums up the article: "If we hold here, we are fine. If we go down much more, people will say, "OK, it was all phony." Don't want that, don't want that at all."
NOTE: Geez.
How Homework Helps: Urban Outfitters
06/16/2006 10:22 AM
In this article, Cramer preaches about doing homework before buying a stock. He cites URBN and suggests because of the weakening fundamentals, the stock went from $28-18 and did not get cheaper.
Cramer sums it up: "Complacency can be a portfolio killer."
Pick the Right 'Discount' Brokers
06/16/2006 9:56 AM
In this article, Cramer compares ET, AMTD and SCHW's rich PE multiples, compared to GS, and ponders: "Does that make sense? "
Furthermore, he doesn't suggest swapping the discount brokers for BSC or GS. Instead, he wants to alert his readers how cheap they (GS, BSC) are.
Bottom line: "... if the retail investor gets shaken out, you will be overpaying."
Focus on Balance Here
06/16/2006 9:39 AM
In this article, Cramer suggests balancing your portfolio "with some of everything."
He exclaims: "But I do believe that this strength is an excellent time to reposition into more defensive names."
Bassically, Cramer is spot on in this article, telling his readers to use this market strength to diversify.
NOTE: Cramer seems to have found his footing.
Don't Be Blinded by Nostalgia for Big Tech
06/16/2006 9:12 AM
In this article, Cramer thinks the media is wasting time focusing on legacy take companies, like MSFT, DELL, INTC, CSCO and ORCL.
Instead, Cramer thinks the media should highlight today's growth companies, like CTXS, NTAP, QCOM and PALM.
Also, he'd rather own AMD and AAPL instead of INTC and DELL.
He exclaims: "I chalk it up as another sign that the media simply can't get you where you need to be as a good investor because much of the media is made up of people who could care less about investing and just regard the news as something to report, like baseball scores, without the analysis. They rely on guests to do the analyzing not because they are better but because they just don't know any better."
There's Capitulation Behind the Big Move
06/16/2006 8:52 AM
In this article, Cramer attributes yesterday's rally to "greedy" shorts "overstaying" their welcome.
Moreover, he cites the oscillator at -5 and suggests: "The most important thing for you to know is that at the extremes, you get these extremes and they are not caused by the data, they are caused by panicked shorts or longs caught leaning the wrong way."
