Friday, June 30, 2006
Real Money Blog
Momentum Stocks Rise Again
06/30/2006 2:42 PM
In this article, Cramer declares momentum is alive, again.
He highlights the following as momentum stocks: CLB, LVS, UPL, CME, and CMI.
He exclaims: "The toughest thing about the momentum stocks is finding a way to make peace with them. At my hedge fund, I would always wait for vicious selloffs in these stocks and then buy deep-in-the-money calls out three months."
Bottom line: Cramer cites "reckless" investing at work.
A Better Session Than We Could Ask For
06/30/2006 12:39 PM
In this article, Cramer is pleased with today's follow through session and points to strength in biotechs.
He mentions CEPH and DNA.
GM News Drives a Short-Term Thesis
06/30/2006 9:41 AM
In this article, Cramer explains his bullishness on GM:
"Understand that my positive view on the trade doesn't take in longer-term considerations. More important, the catalyst for my interest to begin with is Kirk Kerkorian's investment firm, Tracinda, and notably, the involvement of Tracinda's Jerry York, who turned around the allegedly hopeless situations of IBM and Chrysler."
Moreover, Cramer cites today's news, regarding Renault, and suggests the bears shorting GM will eventually lose interest in GM. As a result, GM will become "a great trade."
Look Ahead Without the Fed
06/30/2006 9:16 AM
In this article, Cramer opines on yesterday's rally and sheds light on what stocks are worth buying.
He compares now to 2002, and suggests: "Stocks that have rapidly fallen out of favor since the peak on May 11 may have a sustained rally when they deliver earnings."
Furthermore, he cites GOOG, YHOO, SBUX and CTXS as being cheap.
Finally, Cramer believes the market rally is real, but reminds his readers to "ring the register" -- just in case the market sells off again.
He exclaims: "You have to ring the register some because we often have seen that the last 50% of these big up days has diminished rapidly. "
06/30/2006 2:42 PM
In this article, Cramer declares momentum is alive, again.
He highlights the following as momentum stocks: CLB, LVS, UPL, CME, and CMI.
He exclaims: "The toughest thing about the momentum stocks is finding a way to make peace with them. At my hedge fund, I would always wait for vicious selloffs in these stocks and then buy deep-in-the-money calls out three months."
Bottom line: Cramer cites "reckless" investing at work.
A Better Session Than We Could Ask For
06/30/2006 12:39 PM
In this article, Cramer is pleased with today's follow through session and points to strength in biotechs.
He mentions CEPH and DNA.
GM News Drives a Short-Term Thesis
06/30/2006 9:41 AM
In this article, Cramer explains his bullishness on GM:
"Understand that my positive view on the trade doesn't take in longer-term considerations. More important, the catalyst for my interest to begin with is Kirk Kerkorian's investment firm, Tracinda, and notably, the involvement of Tracinda's Jerry York, who turned around the allegedly hopeless situations of IBM and Chrysler."
Moreover, Cramer cites today's news, regarding Renault, and suggests the bears shorting GM will eventually lose interest in GM. As a result, GM will become "a great trade."
Look Ahead Without the Fed
06/30/2006 9:16 AM
In this article, Cramer opines on yesterday's rally and sheds light on what stocks are worth buying.
He compares now to 2002, and suggests: "Stocks that have rapidly fallen out of favor since the peak on May 11 may have a sustained rally when they deliver earnings."
Furthermore, he cites GOOG, YHOO, SBUX and CTXS as being cheap.
Finally, Cramer believes the market rally is real, but reminds his readers to "ring the register" -- just in case the market sells off again.
He exclaims: "You have to ring the register some because we often have seen that the last 50% of these big up days has diminished rapidly. "
