Tuesday, July 11, 2006
Real Money Blog
Gaining With Slow and Steadies
07/11/2006 3:36 PM
In this article, Cramer is not sure what started the rally, but exclaims: "All I can tell you is that at least it started at the right time. How pathetic are those big up openings that then dash all hopes?"
Also, he cites strength in consumer staples and SHLD.
A Strengthening in Defense
07/11/2006 1:25 PM
In this article, Cramer touts the strength in "defense" stocks. He obsesses on share buybacks saying: "Defense stocks are doing better. Why? Steady cash flow, the possibility of dividend boosts, and, most important, gigantic buybacks."
Bottom line: Cramer believes defense stocks are going higher.
Complacency, or Desperation?
07/11/2006 1:09 PM
In this article, Cramer describes today's selloff as "Not panic, just plain old "I am taking a beating and I will keep doing so."
Also, he cites "ridiculous" moves up in food stocks.
Bottom line: Cramer thinks we are going lower until there is panic.
Sears Bucks Down Current With Float
07/11/2006 11:34 AM
In this article, Cramer tries to give explanation for the strong activity in SHLD. He believes the stock is holding up due to its massive share buyback program.
However, he warns: "And I suspect that with this down day developing -- because of the earnings warnings and the overbought condition -- Sears could collapse like it did yesterday."
Finally, he feels "good action begets good action," and SHLD should move higher-- once the market goes up.
Natural Gas a Coiled Spring?
07/11/2006 11:08 AM
In this article, Cramer cites the miserable bear market in natural gas, and attempts to find a silver lining.
He exclaims: "We have two up days of natural gas prices -- pathetic rally, I know, up to $5.71 at one point yesterday and then at $5.78 today -- and the stocks are taking off."
He highlights NBR, GW, SWN and CHK as the natural gas "plays."
Bottom line: Cramer believes the season is right for nat gas stocks, considering heat waves and the prospect of hurricanes.
He sums it up: " But how about if we catch a hurricane? Do you want to bet against a hurricane? I did that last year and I still have the Montpelier tire track on my back."
Don't Be Shaken by Explosions Abroad
07/11/2006 10:53 AM
In this article, Cramer believes the market is "way overbought." And, he believes the attacks in India are a non-event.
He exclaims: "Because tomorrow's wires will not have this story, and this market's institutional memory is about 10 minutes. What's more important to watch is the dangerous way that stocks are starting to encroach on their hard-won gains from after the last Fed meeting."
Bottom line: Cramer cites strength in KO, MO and UNH. And, he senses weakness will continue in tech, led by the SOX.
Hardware's Hard Knocks
07/11/2006 10:52 AM
In this article, Cramer highlights some negatives in IBM.
He sums it up: "You could look at this article and say "that's got to be in the stock" but given how tech stocks seem never to have discounted the negatives, I would be careful here to call the bottom."
Lucent Best Left Alone
07/11/2006 10:35 AM
In this article, Cramer warns he readers about LU.
He exclaims: "There is no upside here that I can tell, and still more downside."
Ameritrade Gets Good Report
07/11/2006 9:27 AM
In this article, Cramer attempts to defend AMTD.
He cites today's upgrade by Banc of America and declares: "I know that Regulation FD prohibits the backchannel that allows a CFO to tell the analysts that everything is right. But I also know that no analyst worth his salt would come out with this report without having done enough spadework to justify it."
Bottom line: One upgrade cannot save the stock, but it helps.
Keep Tech Letdowns in Perspective
07/11/2006 8:37 AM
In this article, Cramer starts off saying: " Alcoa, 3M, Lucent, EMC. Well thanks a lot!"
He feels it is wrong to lump AL in with AA's disappointing quarter.
He is worried about MMM's miss because it may indicate the economy is slowing-- too fast.
He sums it up: "Until we get oversold, which we are nowhere near. So, keep it in mind, when we get hammered again this week. But wait until we get hammered."
07/11/2006 3:36 PM
In this article, Cramer is not sure what started the rally, but exclaims: "All I can tell you is that at least it started at the right time. How pathetic are those big up openings that then dash all hopes?"
Also, he cites strength in consumer staples and SHLD.
A Strengthening in Defense
07/11/2006 1:25 PM
In this article, Cramer touts the strength in "defense" stocks. He obsesses on share buybacks saying: "Defense stocks are doing better. Why? Steady cash flow, the possibility of dividend boosts, and, most important, gigantic buybacks."
Bottom line: Cramer believes defense stocks are going higher.
Complacency, or Desperation?
07/11/2006 1:09 PM
In this article, Cramer describes today's selloff as "Not panic, just plain old "I am taking a beating and I will keep doing so."
Also, he cites "ridiculous" moves up in food stocks.
Bottom line: Cramer thinks we are going lower until there is panic.
Sears Bucks Down Current With Float
07/11/2006 11:34 AM
In this article, Cramer tries to give explanation for the strong activity in SHLD. He believes the stock is holding up due to its massive share buyback program.
However, he warns: "And I suspect that with this down day developing -- because of the earnings warnings and the overbought condition -- Sears could collapse like it did yesterday."
Finally, he feels "good action begets good action," and SHLD should move higher-- once the market goes up.
Natural Gas a Coiled Spring?
07/11/2006 11:08 AM
In this article, Cramer cites the miserable bear market in natural gas, and attempts to find a silver lining.
He exclaims: "We have two up days of natural gas prices -- pathetic rally, I know, up to $5.71 at one point yesterday and then at $5.78 today -- and the stocks are taking off."
He highlights NBR, GW, SWN and CHK as the natural gas "plays."
Bottom line: Cramer believes the season is right for nat gas stocks, considering heat waves and the prospect of hurricanes.
He sums it up: " But how about if we catch a hurricane? Do you want to bet against a hurricane? I did that last year and I still have the Montpelier tire track on my back."
Don't Be Shaken by Explosions Abroad
07/11/2006 10:53 AM
In this article, Cramer believes the market is "way overbought." And, he believes the attacks in India are a non-event.
He exclaims: "Because tomorrow's wires will not have this story, and this market's institutional memory is about 10 minutes. What's more important to watch is the dangerous way that stocks are starting to encroach on their hard-won gains from after the last Fed meeting."
Bottom line: Cramer cites strength in KO, MO and UNH. And, he senses weakness will continue in tech, led by the SOX.
Hardware's Hard Knocks
07/11/2006 10:52 AM
In this article, Cramer highlights some negatives in IBM.
He sums it up: "You could look at this article and say "that's got to be in the stock" but given how tech stocks seem never to have discounted the negatives, I would be careful here to call the bottom."
Lucent Best Left Alone
07/11/2006 10:35 AM
In this article, Cramer warns he readers about LU.
He exclaims: "There is no upside here that I can tell, and still more downside."
Ameritrade Gets Good Report
07/11/2006 9:27 AM
In this article, Cramer attempts to defend AMTD.
He cites today's upgrade by Banc of America and declares: "I know that Regulation FD prohibits the backchannel that allows a CFO to tell the analysts that everything is right. But I also know that no analyst worth his salt would come out with this report without having done enough spadework to justify it."
Bottom line: One upgrade cannot save the stock, but it helps.
Keep Tech Letdowns in Perspective
07/11/2006 8:37 AM
In this article, Cramer starts off saying: " Alcoa, 3M, Lucent, EMC. Well thanks a lot!"
He feels it is wrong to lump AL in with AA's disappointing quarter.
He is worried about MMM's miss because it may indicate the economy is slowing-- too fast.
He sums it up: "Until we get oversold, which we are nowhere near. So, keep it in mind, when we get hammered again this week. But wait until we get hammered."
