Wednesday, July 05, 2006
Real Money Blog
Smarten Up About Oil Risk to Retail
07/05/2006 3:30 PM
In this article, Cramer cites $75 oil and recommends investors sell some retail stocks, such as: KSS, TGT, FD, DRI and YUM.
He highlights today's selling in Nasdaq related stocks coupled with strength in retail and suggests "market's just not being that smart about all of this."
He exclaims: "And I would take a little off the table -- except for J.C. Penney -- right now."
Lowe's Hammering Home Depot -- for Now
07/05/2006 3:16 PM
In this article, Cramer cites LOW increasing stock price, while HD nears its 52 week low and declares the correct trade is to "go long Home Depot and sell Lowe's. Makes too much sense."
He acknowledges LOW's edge over HD, from a consumer viewpoint, but feels the selling in HD is overdone.
He exclaims: "Part of it is now a hatred for Home Depot CEO Bob Nardelli. It reminds me of the hatred for Doc McGuire over at UnitedHealth."
For Oil, It's All About Demand
07/05/2006 2:50 PM
In this article, Cramer cites today's strength in OXY, despite an earnings warning, as a net positive for the group.
NOTE: Cramer flip-flops on OXY and remains bullish on the group.
Nasdaq Stocks Lack the Product Cycles
07/05/2006 1:15 PM
In this article, Cramer declares the Nasdaq " some sort of perma-doghouse."
Bottom line: Cramer prefers the industrials over Nasdaq related stocks. He feels the upside surprises will be in the industrials-- not the "Nazz."
07/05/2006 3:30 PM
In this article, Cramer cites $75 oil and recommends investors sell some retail stocks, such as: KSS, TGT, FD, DRI and YUM.
He highlights today's selling in Nasdaq related stocks coupled with strength in retail and suggests "market's just not being that smart about all of this."
He exclaims: "And I would take a little off the table -- except for J.C. Penney -- right now."
Lowe's Hammering Home Depot -- for Now
07/05/2006 3:16 PM
In this article, Cramer cites LOW increasing stock price, while HD nears its 52 week low and declares the correct trade is to "go long Home Depot and sell Lowe's. Makes too much sense."
He acknowledges LOW's edge over HD, from a consumer viewpoint, but feels the selling in HD is overdone.
He exclaims: "Part of it is now a hatred for Home Depot CEO Bob Nardelli. It reminds me of the hatred for Doc McGuire over at UnitedHealth."
For Oil, It's All About Demand
07/05/2006 2:50 PM
In this article, Cramer cites today's strength in OXY, despite an earnings warning, as a net positive for the group.
NOTE: Cramer flip-flops on OXY and remains bullish on the group.
Nasdaq Stocks Lack the Product Cycles
07/05/2006 1:15 PM
In this article, Cramer declares the Nasdaq " some sort of perma-doghouse."
Bottom line: Cramer prefers the industrials over Nasdaq related stocks. He feels the upside surprises will be in the industrials-- not the "Nazz."
