BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Cramer on BloggingStocks: Assigning blame after Friday's market plunge]]>http://www.bloggingstocks.com/2009/11/02/cramer-on-bloggingstocks-assigning-blame/http://www.bloggingstocks.com/2009/11/02/cramer-on-bloggingstocks-assigning-blame/http://www.bloggingstocks.com/2009/11/02/cramer-on-bloggingstocks-assigning-blame/#commentsFiled under: , , , , , , ,

TheStreet.com's Jim Cramer wonders whether the big selloff was caused by anxious managers locking in profits.

What happens if it is was mostly lock-in action? What if the big themes that everyone so feared weren't so big, and that the selloff -- so ugly, with so much damage -- was just technical and remains that way?

Besides my oft-repeated statement that I don't expect a pullback to exceed 7%, I think this market didn't make a lot of sense last week.

Here were the big themes: dollar getting stronger, causing a decline in minerals and resources; industrials faltering; recession stocks roaring back.

Continue reading Cramer on BloggingStocks: Assigning blame after Friday's market plunge

Cramer on BloggingStocks: Assigning blame after Friday's market plunge originally appeared on BloggingStocks on Mon, 02 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ccitdnreacfeaturedgisjim cramerJimCramerkkopepskfMon, 02 Nov 2009 10:00:00 EST<![CDATA[Options Update: AIG volatility and volume elevated as share rally]]>http://www.bloggingstocks.com/2009/09/22/options-update-aig-volatility-and-volume-elevated-as-share-rall/http://www.bloggingstocks.com/2009/09/22/options-update-aig-volatility-and-volume-elevated-as-share-rall/http://www.bloggingstocks.com/2009/09/22/options-update-aig-volatility-and-volume-elevated-as-share-rall/#commentsFiled under: ,

American International (NYSE: AIG) closed at $48.40. AIG options were active on volume of 380,937 contracts on September 21. October and November call option implied volatility is at 140, puts are at 152; above its 26-week average of 109, according to Track Data, suggesting larger price movement. AIG puts are more expensive than calls because AIG is difficult to borrow.

UltraShort Financials ProShares (NYSE: SKF) is recently down 70 cents to $24.71. SKF is an exchange traded fund seeking daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index. SKF October call option implied volatility is at 65, puts are at 59, November is at 63; below its 26-week average of 92, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: AIG volatility and volume elevated as share rally originally appeared on BloggingStocks on Tue, 22 Sep 2009 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aiginthenewsoption implied volatilityOptionImpliedVolatilityskfUltraShort Financials ProSharesUltrashortFinancialsProsharesTue, 22 Sep 2009 08:30:00 EST<![CDATA[Cramer on BloggingStocks: Let some damage be done ]]>http://www.bloggingstocks.com/2009/05/06/cramer-on-bloggingstocks-let-some-damage-be-done/http://www.bloggingstocks.com/2009/05/06/cramer-on-bloggingstocks-let-some-damage-be-done/http://www.bloggingstocks.com/2009/05/06/cramer-on-bloggingstocks-let-some-damage-be-done/#commentsFiled under: , , , , ,

TheStreet.com's Jim Cramer wonders whether the bears can use BofA to take the market down.

All day Tuesday I pondered what the bears had in their arsenal that could really knock this market down from its overbought perch. Now we know. It's Bank of America (NYSE: BAC) (Cramer's Take). The question is, "Can BAC be exploited to take the market down?"

So many hedge funds that aren't up for the year and so many mutual funds that have been left behind will have to ponder that question seriously Wednesday. The hedge funds need to come in with guns blazing and hit the ProShares UltraShort Financials (NYSE: SKF) (Cramer's Take) exchange-traded fund, knowing that can reverberate and no one is going to stand up for individual banks right now, even though Bank of America seems "isolated."

Continue reading Cramer on BloggingStocks: Let some damage be done

Cramer on BloggingStocks: Let some damage be done originally appeared on BloggingStocks on Wed, 06 May 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bacfeaturedgsjim cramerJimCramerjpmrbsskfWed, 06 May 2009 09:50:00 EST<![CDATA[Caution: Dangerous Week Ahead]]>http://www.bloggingstocks.com/2009/04/13/caution-dangerous-week-ahead/http://www.bloggingstocks.com/2009/04/13/caution-dangerous-week-ahead/http://www.bloggingstocks.com/2009/04/13/caution-dangerous-week-ahead/#commentsFiled under: , , , , ,

This post was written by Minyanville contributor James Kostohryz
I believe that the market is currently poised in a binary position.

Better than expected earnings and/or guidance by the major banks and/or other major companies this week could send the S&P 500 flying past its 200 day moving average triggering a wave of long purchases and short covering (note that short interest has been rising sharply in the past few days).

On the other hand, disappointment from any of the major financials such as Goldman Sachs(NYSE:GS), JP Morgan (NYSE:JPM) or Citigroup(NYSE:C) and/or major companies reporting this week such as Intel (NASDAQ:INTC)or Google(NASDAQ:GOOG)could send the market reeling into a quick 10% correction.

Here is my baseline view of the week, subject to change at any moment.

Continue reading Caution: Dangerous Week Ahead

Caution: Dangerous Week Ahead originally appeared on BloggingStocks on Mon, 13 Apr 2009 15:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>cfasfazgooggsintcjpmpsqqidqldqqqshskfspyssouygMon, 13 Apr 2009 15:40:00 EST<![CDATA[Cramer on BloggingStocks: Mark-to-market purity will wipe out banks ]]>http://www.bloggingstocks.com/2009/04/01/cramer-on-bloggingstocks-mark-to-market-purity-will-wipe-out-ba/http://www.bloggingstocks.com/2009/04/01/cramer-on-bloggingstocks-mark-to-market-purity-will-wipe-out-ba/http://www.bloggingstocks.com/2009/04/01/cramer-on-bloggingstocks-mark-to-market-purity-will-wipe-out-ba/#commentsFiled under: , , , , , , , ,

TheStreet.com's Jim Cramer says we need some order -- we need some banks to survive.

Is there a writer out there who thinks more liberal mark-to-market isn't the greatest sin the regulators could ever pull off? Is there one? Today I see stories about how perfuming balance sheets is a terrible idea and reckless. I see stories about how liberal mark-to-market will confound the Treasury's public/private partnership. I see stories about how crummy bankers and corrupt pols browbeat the Financial Accounting Standards Board into giving away the store.

Continue reading Cramer on BloggingStocks: Mark-to-market purity will wipe out banks

Cramer on BloggingStocks: Mark-to-market purity will wipe out banks originally appeared on BloggingStocks on Wed, 01 Apr 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bacbbtbkfeaturedjim cramerJimCramerjpmpncskfsttusbwfcWed, 01 Apr 2009 09:50:00 EST<![CDATA[Cramer on BloggingStocks: Is timid Timmy up to the task? ]]>http://www.bloggingstocks.com/2009/03/19/cramer-on-bloggingstocks-is-timid-timmy-up-to-the-task/http://www.bloggingstocks.com/2009/03/19/cramer-on-bloggingstocks-is-timid-timmy-up-to-the-task/http://www.bloggingstocks.com/2009/03/19/cramer-on-bloggingstocks-is-timid-timmy-up-to-the-task/#commentsFiled under: , , , , , , , , ,

TheStreet.com's Jim Cramer says he needs to get in front of the AIG furor and show that he gets the magnitude of this issue.

AIG's (NYSE: AIG) (Cramer's Take) going to derail this comeback if we aren't careful. We needed three things to come together all at once to make it so the rally doesn't fizzle and everything's given back:

1. A forceful Fed that reignites housing -- the core issue still -- with a 4% mortgage rate. We have it.

2. A plan from Tim Geithner that involves both the taxpayer and the banks to take hits to turn things around.

Continue reading Cramer on BloggingStocks: Is timid Timmy up to the task?

Cramer on BloggingStocks: Is timid Timmy up to the task? originally appeared on BloggingStocks on Thu, 19 Mar 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplaigbaccfeaturedgeithnergisjavajim cramerJimCramernkeskfThu, 19 Mar 2009 09:50:00 EST<![CDATA[Today's technical outlook: Has the rally run its course?]]>http://www.bloggingstocks.com/2009/03/18/todays-technical-outlook-has-the-rally-run-its-course/http://www.bloggingstocks.com/2009/03/18/todays-technical-outlook-has-the-rally-run-its-course/http://www.bloggingstocks.com/2009/03/18/todays-technical-outlook-has-the-rally-run-its-course/#commentsFiled under: , , ,

With a stock market advance in six of the past eight sessions, the bulls are now feeling in complete control. And it is no wonder that many are calling the low of early March the end of the bear market.

The Dow Industrials are up 14.79% from the March 6 low. The S&P 500 has gained 16.64%, and the Nasdaq has gained 15.48%.

But as the indices rise to the top of the first overhead barrier, volume is declining on days when the market advances.

Continue reading Today's technical outlook: Has the rally run its course?

Today's technical outlook: Has the rally run its course? originally appeared on BloggingStocks on Wed, 18 Mar 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>sam collinsSamCollinsskftrade of the dayTradeOfTheDayultrashort financialsultrashort financials prosharesUltrashortFinancialsUltrashortFinancialsProsharesWed, 18 Mar 2009 09:30:00 EST<![CDATA[Cramer on BloggingStocks: The hedge funds can keep it going ]]>http://www.bloggingstocks.com/2009/03/13/cramer-on-bloggingstocks-the-hedge-funds-can-keep-it-going/http://www.bloggingstocks.com/2009/03/13/cramer-on-bloggingstocks-the-hedge-funds-can-keep-it-going/http://www.bloggingstocks.com/2009/03/13/cramer-on-bloggingstocks-the-hedge-funds-can-keep-it-going/#commentsFiled under: , , , , , ,

TheStreet.com's Jim Cramer says if they sense they're missing out on a big move, their panic could sustain a rally.

The hedge funds don't want this rally to continue, so it may just have to continue. Sometimes it is like that.

We are going to keep the rally going because of the $193 billion in new drug money and because of the lack of equity issuance and the inability of the ProShares UltraBear Financials (NYSE: SKF) (Cramer's Take) types to succeed right now, given the banks' newfound ability to defend themselves. Plus, despite the endless "purist" defenses of a broken system that destroys good banks as well as bad ones, I detect sensibility coming from Ben Bernanke, Tim Geithner, the FASB people and the SEC. The government is trying to take back the system, not the banks, and it shows in a better tone.

Continue reading Cramer on BloggingStocks: The hedge funds can keep it going

Cramer on BloggingStocks: The hedge funds can keep it going originally appeared on BloggingStocks on Fri, 13 Mar 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bernankefeaturedgeithenergmjim cramerJimCramerrallyskfFri, 13 Mar 2009 10:00:00 EST<![CDATA[Cramer on BloggingStocks: Of course policy matters ]]>http://www.bloggingstocks.com/2009/03/11/cramer-on-bloggingstocks-of-course-policy-matters/http://www.bloggingstocks.com/2009/03/11/cramer-on-bloggingstocks-of-course-policy-matters/http://www.bloggingstocks.com/2009/03/11/cramer-on-bloggingstocks-of-course-policy-matters/#commentsFiled under: , , , , , ,

TheStreet.com's Jim Cramer says if you don't believe the administration's action (or inaction) here will have an effect, look at Lehman.

Every time I hear that policy doesn't matter, that rules don't matter, that nothing can be done, I think two words -- "Lehman Brothers." For those of you who think that it doesn't matter what government does, ask yourself whether you would feel the same way about the world today if Lehman Brothers had been bought by another bank, and we would not have had

1. tens of billions in bonds and preferreds destroyed,
2. the buck broken,
3. tens of billions in margin accounts that vaporized,
4. a fire sale of bad assets driving all prices down,
5. a sense of chaos as you knew the government had no plan, even after Bear, Fannie (NYSE: FNM) (Cramer's Take) and Freddie (NYSE: FRE) (Cramer's Take) and everything else that happened.

Continue reading Cramer on BloggingStocks: Of course policy matters

Cramer on BloggingStocks: Of course policy matters originally appeared on BloggingStocks on Wed, 11 Mar 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aigcfeaturedfnmfrejim cramerJimCramerskfWed, 11 Mar 2009 10:00:00 EST<![CDATA[Cramer on BloggingStocks: What to buy in the Dow ]]>http://www.bloggingstocks.com/2009/03/09/cramer-on-bloggingstocks-what-to-buy-in-the-dow/http://www.bloggingstocks.com/2009/03/09/cramer-on-bloggingstocks-what-to-buy-in-the-dow/http://www.bloggingstocks.com/2009/03/09/cramer-on-bloggingstocks-what-to-buy-in-the-dow/#commentsFiled under: , , , , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer identifies the eight Dow components that will become too cheap not to buy.

When I arrived at my worst-case view that the Dow could reach 5320, my first reaction wasn't, "Look out below." It was more like, "Wait a second, how much I would like to buy these stocks at those levels?" Then I started thinking, "What do I do if it gets there and I am not in? Will it stay down there? Is it right to avoid a market that's cut by almost two-thirds in such a short period of time when some companies with really good earnings power might be selling at prices that we might never see again?"

But which ones?

Continue reading Cramer on BloggingStocks: What to buy in the Dow

Cramer on BloggingStocks: What to buy in the Dow originally appeared on BloggingStocks on Mon, 09 Mar 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaaigbacccatdellfcxfeaturedhpqjim cramerJimCramerjnjkolkxmcdmopcupepskftvzwmtMon, 09 Mar 2009 09:50:00 EST<![CDATA[Cramer on BloggingStocks: Sowing the fear, destroying the banks ]]>http://www.bloggingstocks.com/2009/03/06/cramer-on-bloggingstocks-sowing-the-fear-destroying-the-banks/http://www.bloggingstocks.com/2009/03/06/cramer-on-bloggingstocks-sowing-the-fear-destroying-the-banks/http://www.bloggingstocks.com/2009/03/06/cramer-on-bloggingstocks-sowing-the-fear-destroying-the-banks/#commentsFiled under: , , , , , ,

TheStreet.com's Jim Cramer says that soon there may not be anymore common stocks to drive down.

The purists, the technicians, they are united on this Web site in believing that my quest to return to the old days before the ProShares UltraShort Financials (NYSE: SKF) (Cramer's Take) exchange-traded fund and the like, and the repeal of the uptick rule, live in a world without sin, and a world without manipulation. They ignore the destruction not just of ne'er-do-well Citigroup (NYSE: C) (Cramer's Take) but Bank of America (NYSE: BAC) (Cramer's Take), and Wells Fargo (NYSE: WFC) (Cramer's Take) and just about every other bank you can name.

They worry about silly things, like the rights to short-selling profit, instead of more important things, liking having a working bank system that isn't controlled by the government. They want the government out of their trading lives but in their business lives because, given the destruction of the common stocks of banks, somehow under this administration, the only thing that matters to their solvency, they are going to get a level of government interference they would never believe.

Continue reading Cramer on BloggingStocks: Sowing the fear, destroying the banks

Cramer on BloggingStocks: Sowing the fear, destroying the banks originally appeared on BloggingStocks on Fri, 06 Mar 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aigbaccfeaturedjim cramerJimCramerskfwfcFri, 06 Mar 2009 09:50:00 EST<![CDATA[Cramer on BloggingStocks: Fix banks, don't nationalize them ]]>http://www.bloggingstocks.com/2009/02/23/cramer-on-bloggingstocks-fix-banks-dont-nationalize-them/http://www.bloggingstocks.com/2009/02/23/cramer-on-bloggingstocks-fix-banks-dont-nationalize-them/http://www.bloggingstocks.com/2009/02/23/cramer-on-bloggingstocks-fix-banks-dont-nationalize-them/#commentsFiled under: , ,

TheStreet.com's Jim Cramer proposes a two-step plan for saving the banking system from spiraling into the abyss.

Somehow the gravity of this spiraling banking situation is not getting through to the policymakers, particularly Timothy Geithner, the Treasury Secretary. So in the interests of advancing the debate we need to consider how the government could get in control of the banking system without actually taking control of the banking companies.

Right now the short-sellers, those who want the banking system to fail, are destroying the common stocks of the banks through relentless short selling. On many recent days, roughly half of the overall selling of major banks' shares has consisted of common short sales plus the short sales that spring from the ProShares UltraShort Financials (NYSE: SKF) (Cramer's Take), the weapon of choice for magnifying a small amount of capital to wreck short-side havoc on the stocks. These sales are legal, having been sanctioned by a Securities and Exchange Commission that has, unwittingly, been in league with those who need to destroy the banks in order to profit from the common stocks' demise.

Continue reading Cramer on BloggingStocks: Fix banks, don't nationalize them

Cramer on BloggingStocks: Fix banks, don't nationalize them originally appeared on BloggingStocks on Mon, 23 Feb 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bank nationalizationBankNationalizationfeaturedfinancial crsisisFinancialCrsisisjim cramerJimCramerskfMon, 23 Feb 2009 10:00:00 EST<![CDATA[Options Update: ETF volatility spikes as market turmoil increases]]>http://www.bloggingstocks.com/2009/02/20/options-update-etf-volatility-spikes-as-market-turmoil-increase/http://www.bloggingstocks.com/2009/02/20/options-update-etf-volatility-spikes-as-market-turmoil-increase/http://www.bloggingstocks.com/2009/02/20/options-update-etf-volatility-spikes-as-market-turmoil-increase/#commentsFiled under:

United States Oil Fund (NYSE: USO) is recently down 60 cents to $23.68 in pre-open trading. USO unit net asset value reflects the performance of the spot price of West Texas intermediate light crude. USO March option implied volatility of 78 is above its 26-week average of 67, according to Track Data, suggesting larger price movement.

UltraShort Financials ProShares (NYSE: SKF) is recently up $10.48 to $196.60 in pre-open trading. SKF is an exchange-traded fund seeking daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index. SKF March option implied volatility of 155 is above its 26-week average of 123, according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: ETF volatility spikes as market turmoil increases originally appeared on BloggingStocks on Fri, 20 Feb 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>option implied volatilityOptionImpliedVolatilitySKFUltraShort Financials ProSharesUltrashortFinancialsProsharesUnited States Oil FundUnitedStatesOilFundUSOFri, 20 Feb 2009 09:00:00 EST<![CDATA[MarketWatch fund expert: A bear-proof portfolio]]>http://www.bloggingstocks.com/2009/02/13/marketwatch-fund-expert-a-bearish-strategy/http://www.bloggingstocks.com/2009/02/13/marketwatch-fund-expert-a-bearish-strategy/http://www.bloggingstocks.com/2009/02/13/marketwatch-fund-expert-a-bearish-strategy/#commentsFiled under: , , , , , , ,

"Tread lightly," cautions leading fund expert Bill Donoghue. In his Marketwatch Proactive Fund Investor, which develops various actively-managed mutual funds portfolios, "Further market erosion is more likely than a rally. There's little reason for optimism."

"When trends become highly probable and highly correlated with portfolio holdings, our advice may become very profitable. This is one of those times.

"The Dow Jones Industrial Average is about to take out its 2002 low and safe-harbor investors are shifting to precious metals. Technically the next support is 25% down at 6,000.

"Considering the chronic financial damage done to the global economy, the bottom could even be lower. Even if you are a perennial optimist, you have to entertain and prepare for the possibility that the safest investment is to expect a continuing market downturn.

Continue reading MarketWatch fund expert: A bear-proof portfolio

MarketWatch fund expert: A bear-proof portfolio originally appeared on BloggingStocks on Fri, 13 Feb 2009 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bill donoghueBillDonoghuecorporate bondsCorporateBondsiduishares consumer goodsishares iboxx investment gradeishares silver trustishares utilitiesIsharesConsumerGoodsIsharesUtilitiesiyklqdmarketwatch proactive fund investorMarketwatchProactiveFundInvestorproshares ultrashort financialsproshares ultrashort technologyProsharesUltrashortTechnologyrewskfslvthestockadvisors.comFri, 13 Feb 2009 10:30:00 EST<![CDATA[Cramer on BloggingStocks: How to play the coming 'bad bank' rally ]]>http://www.bloggingstocks.com/2009/01/28/cramer-on-bloggingstocks-how-to-play-the-coming-bad-bank-rall/http://www.bloggingstocks.com/2009/01/28/cramer-on-bloggingstocks-how-to-play-the-coming-bad-bank-rall/http://www.bloggingstocks.com/2009/01/28/cramer-on-bloggingstocks-how-to-play-the-coming-bad-bank-rall/#commentsFiled under: , , , , , , , ,

TheStreet.com's Jim Cramer says financials will ramp, but don't bet on unending strength.

Since the beginning of the year, the shorts have leaned on the bank group in endless fashion. Data I have shows that on an average day, 40% to 50% of trading in JPMorgan (NYSE: JPM) (Cramer's Take), Wells Fargo (NYSE: WFC) (Cramer's Take), Citigroup (NYSE: C) (Cramer's Take), U.S. Bancorp (NYSE: USB) (Cramer's Take) is short. Much of that short selling comes from ETFs, which almost always overwhelm the regular trading volume, as I and Eric Oberg have pointed out almost daily.

Now a large part of it is the daytrading ProShares UltraBear Financials (NYSE: SKF) (Cramer's Take), a ridiculous instrument that allows daily bets on sectors as if they were ponies, and once the race/session is over you are done.

Continue reading Cramer on BloggingStocks: How to play the coming 'bad bank' rally

Cramer on BloggingStocks: How to play the coming 'bad bank' rally originally appeared on BloggingStocks on Wed, 28 Jan 2009 09:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cfeaturedgsjim cramerJimCramerjpmmsskfusbwfcWed, 28 Jan 2009 09:45:00 EST<![CDATA[Cramer on BloggingStocks: Insider buys are nice, but banks need capital]]>http://www.bloggingstocks.com/2009/01/22/insider-buys-are-nice-but-banks-need-capital/http://www.bloggingstocks.com/2009/01/22/insider-buys-are-nice-but-banks-need-capital/http://www.bloggingstocks.com/2009/01/22/insider-buys-are-nice-but-banks-need-capital/#commentsFiled under: , , , , , ,

TheStreet.com's Jim Cramer says recent purchases at Bank of America and JPMorgan are a good sign, but they don't solve everything.

Fool me once? Remember when Bob Steel bought a million shares of Wachovia? I went nuts over that purchase, mouthing all the usual shibboleths: Insiders sell for a million reasons, but they only buy for one reason -- to make money.

I remind myself of that because, obviously, not all buys in the open market by insiders are equal. Ken Lewis' buy of 200,000 shares of Bank of America (NYSE: BAC) (Cramer's Take) may be a vote of confidence, along with buys by other board members, but what if it is all Steel? It certainly doesn't match the amount that Steel bought.

So the jury's out. How about Jamie Dimon's buy of 500,000 JPMorgan (NYSE: JPM) (Cramer's Take) shares slightly below the current price here? Better. More money. And in Dimon's case, a welcome reprieve from his own bashing 10 points higher when he was interviewed by Erin Burnett of CNBC. More conviction.

Continue reading Cramer on BloggingStocks: Insider buys are nice, but banks need capital

Cramer on BloggingStocks: Insider buys are nice, but banks need capital originally appeared on BloggingStocks on Thu, 22 Jan 2009 08:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BACCramerfeaturedGSJim CramerJimCramerJPMNOKRIMMSKFThu, 22 Jan 2009 08:50:00 EST<![CDATA[Cramer on BloggingStocks: Banks are vital to the market's psyche]]>http://www.bloggingstocks.com/2009/01/21/cramer-on-bloggingstocks-banks-are-vital-to-the-markets-psyche/http://www.bloggingstocks.com/2009/01/21/cramer-on-bloggingstocks-banks-are-vital-to-the-markets-psyche/http://www.bloggingstocks.com/2009/01/21/cramer-on-bloggingstocks-banks-are-vital-to-the-markets-psyche/#commentsFiled under: , , , , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer says they're too important to just let them go.

You never want to buck the financials. I have said over and over again that the group is too important to make let go. Can we really envision a world without Citigroup (NYSE: C) (Cramer's Take) and Bank of America (NYSE: BAC) (Cramer's Take) common stock? Can we envision a world where PNC (NYSE: PNC) (Cramer's Take) and Bank of New York (NYSE: BK) (Cramer's Take) and State Street (NYSE: STT) (Cramer's Take) are no more? A world where Wells Fargo (NYSE: WFC) (Cramer's Take) and JPMorgan (NYSE: JPM) (Cramer's Take) don't make it?

It's funny when you put it that way, because we know that if those stocks weren't in the S&P 500, if we just took them out, we would be feeling like we should be buying, buying, and buying judging from the very nice pullbacks we have had to above the lows of October and November now that we are oversold.

Tons of charts, from Forest Labs (NYSE: FRX) (Cramer's Take) to AT&T (NYSE: T) (Cramer's Take), from Disney (NYSE: DIS) (Cramer's Take) to Eaton (NYSE: ETN) (Cramer's Take), all sorts of charts from all sorts of industries, charts like Caterpillar (NYSE: CAT) (Cramer's Take) and BP (NYSE: BP) (Cramer's Take) and Nucor (NYSE: NUE) (Cramer's Take), if they hold here, will embolden people to come in. As will IBM (NYSE: IBM) (Cramer's Take) on Wednesday.

Continue reading Cramer on BloggingStocks: Banks are vital to the market's psyche

Cramer on BloggingStocks: Banks are vital to the market's psyche originally appeared on BloggingStocks on Wed, 21 Jan 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aigbacbkbpccatdisfeaturedfrxgsibmitwjim cramerJimCramerjpmnsnuepncskfstistttusbwfcWed, 21 Jan 2009 09:30:00 EST<![CDATA[Cramer on BloggingStocks: Obama must address our dilapidated housing mess ]]>http://www.bloggingstocks.com/2009/01/20/cramer-on-bloggingstocks-obama-must-address-our-dilapidated-hou/http://www.bloggingstocks.com/2009/01/20/cramer-on-bloggingstocks-obama-must-address-our-dilapidated-hou/http://www.bloggingstocks.com/2009/01/20/cramer-on-bloggingstocks-obama-must-address-our-dilapidated-hou/#commentsFiled under: , , , , , , , , ,

TheStreet.com's Jim Cramer says that if our new President does not attack this issue square on, then the problem will never end

He either speaks about housing or he speaks about nothing. Today's the day.

Throughout the last three years of incredible calamity, President Bush and his minions never told the truth. They never said, "We must find ways to keep people in their houses and raise the value of homes."

They talked about lowering mortgages. They talked about redoing mortgage loans but never did anything about it. They talked about buying bad mortgages from banks and never made the move. They talked about making Fannie Mae (NYSE: FNM) (Cramer's Take) buy more mortgages, and it never did. They talked about everything but supply and demand and the inventory of homes and house price depreciation.

And their ignorance is why we are in this fix. At the core of this whole downturn are the instruments that contain billions of dollars in mortgages. If they were ever to stabilize, we would have a whole new world where a bank's losses would not be inevitable as they are now. The reason why the UltraShort Financials ProShares (NYSE: SKF) (Cramer's Take) can be used to destroy every bank in it, particularly now that Bank of America (NYSE: BAC) (Cramer's Take) and Citigroup (NYSE: C) (Cramer's Take) hardly represent enough "equity" to knock them down, has to do with the obvious recognition that every mortgage issued since 2005 -- every last one of them -- has an increasing likelihood of defaulting,. Everything, from today's bad State Street (NYSE: STT) (Cramer's Take) news to the radical fall of JPMorgan Chase (NYSE: JPM) (Cramer's Take) and Wells Fargo's (NYSE: WFC) (Cramer's Take) stocks, has, at its heart, house price depreciation.

Continue reading Cramer on BloggingStocks: Obama must address our dilapidated housing mess

Cramer on BloggingStocks: Obama must address our dilapidated housing mess originally appeared on BloggingStocks on Tue, 20 Jan 2009 09:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>baccfeaturedfnmhousingjim cramerJimCramerjpmskfsttwfcTue, 20 Jan 2009 09:35:00 EST<![CDATA[Stock picks and pans for troubled times: ADM, FSLR, GG, CLWR, DELL, MTW ...]]>http://www.bloggingstocks.com/2009/01/16/stock-picks-and-pans-for-troubled-times-adm-fslr-gg-clwr-de/http://www.bloggingstocks.com/2009/01/16/stock-picks-and-pans-for-troubled-times-adm-fslr-gg-clwr-de/http://www.bloggingstocks.com/2009/01/16/stock-picks-and-pans-for-troubled-times-adm-fslr-gg-clwr-de/#commentsFiled under: , , , , ,

If there was any doubt whether the rally at the end of 2008 and the beginning of 2009 was anything but a bear market rally, this week put these doubts to rest. The Dow Jones Industrial Average is already down 8.3% year-to-date; it sank 6.2% this week alone (notwithstanding Friday).

This week the financial crisis once again took center stage as Bank of America (NYSE: BAC) and Citigroup (NYSE: C) received a second round of bailout money and more guarantees. BAC is finding hard to digest its two acquisitions, while Citi is splitting itself and is no longer a financial supermarket.

But this wasn't all that happened this week. The fourth-quarter earnings season kicked off Monday; Alcoa (NYSE: AA) reported dismal numbers, all the rest followed suit. Even if there were a few surprises to the upside that exceeded expectations, the expectations themselves were already quite low.

Continue reading Stock picks and pans for troubled times: ADM, FSLR, GG, CLWR, DELL, MTW ...

Stock picks and pans for troubled times: ADM, FSLR, GG, CLWR, DELL, MTW ... originally appeared on BloggingStocks on Fri, 16 Jan 2009 18:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>admclwrdelldigfeaturedfslrgggldkgcmtwskfxlpFri, 16 Jan 2009 18:20:00 EST<![CDATA[15 favorite ETFs for 2009]]>http://www.bloggingstocks.com/2009/01/16/15-favorite-etfs-for-2009/http://www.bloggingstocks.com/2009/01/16/15-favorite-etfs-for-2009/http://www.bloggingstocks.com/2009/01/16/15-favorite-etfs-for-2009/#commentsFiled under: , , , , , , , , , , ,

For 26 years, at the start of each year, I've conducted an annual survey of newsletter advisors, asking for their favorite investment for the coming year. Until 2 or 3 years ago, their responses were almost always individual stocks and an occasional mutual fund.

Increasingly in recent years, many advisors have found their favorite positions to be exchange traded funds, whereby they can invest in a sector, region, or strategy without the inherent risk of an individual company. Indeed, in this year survey of 75 advisors, fully 1 out of 5 advisors chose ETFs.

ETFs were a popular choice for those seeking global exposure. Mark Salzinger, editor of The Investor's ETF Report, selects the S&P China SPDR (NYSE: GXC) as his favored play. (Read the full article here.)

Nick Vardy sees opportunity in China, but also sees potential in a broader range of emerging global markets. The editor of Global Stock Investor looks to the iShares MSCI Emerging Markets (ASE: EEM) as his top idea for 2009. (Read the full article here.)

Carl Delfeld of Chartwell Advisors also wants to own a basket of emerging markets stocks, but only small caps. His pick is the WisdomTree Emerging Market Small Cap (NYSE: DGS). (Read the full article here.)

Jim Lowell takes a similar view -- chosing global small caps -- but adds a further restriction. His recommended ETF limits its holdings to dividend paying stocks. Hence, the top pick in his Marketwatch ETF Trader is the WisdomTree International Small Cap Dividend (NYSE: DLS). (Read the full article here.)

ETFs an also be used to play a specific sector, such as consumer stocks. Leonard Goodall sees upside in companies making the "basics" such as soda, toothpaste and soap. In his No-Load Fund Investor, his top way to play this trend is the Consumer Staples ETF (NYSE: XLP). (Read the full article here.)

In addition to using ETFs to invest in a region, country or sector, these vehicles can also be used to invest in a certain strategy. For example, Tom Bishop, editor of BI Research, chooses the PowerShares Value Line Industry Rotation ETF (NYSE: PYH), which rotates its holdings to only include stocks that earn Value Line's top investment rating. (Read the full article here.)

Doug Fabian, editor of Successful Investing, looks to PowerShares DB Crude (NYSE: DXO), an exchange-traded note. While this leveraged position goes up twice as much as the underlying index when it rises, it also goes down twice as much when the index declines. (Read the full article here.)

Paul Tracy, editor of StreetAuthority Market Advisor takes a similar approach, but rather than speculate on the price of oil and gas, he looks to ProShares Ultra Oil & Gas (NYSE: DIG), which invests in a basket of stocks operating within these sectors. (Read the full article here.)

The most popular choice in this year's survey was ETFs investing in gold. Both Vivian Lewis, editor of Global Investing, recommends the SPDR Gold Trust (NYSE: GLD); it's price reflects 1/10th of an ounce of gold. (Read the full article here.)

Mary Anne Aden, editor of The Aden Forecast, also selects the SPDR Gold Trust (NYSE: GLD) as her top investment ideas for the coming year. (Read the full article here.)

Mark Leibovit, market timer and editor of VRTrader, holds a long-term bullish view on gold and opts for upside leverage. His top pick is the PowerShares DB Gold Double Long (NYSE: DGP). (Read the full article here.)

Pamela Aden, co-editor for The Aden Forecast, also sees upside potential in gold but prefers to invest in the companies that mine for the precious metal. Her top pick is the Market Vectors Gold Miners (NYSE: GDX). (Read the full article here.)

For greater leverage (and higher risk), Steve Rawls, editor of Tipping Point Stocks, suggests the ProShares Ultra Gold (NYSE: UGL), which moves twice the rate of the underlying London gold price. (Read the full article here.)

Mike Larson, editor of Money & Markets, sees downside risk in financial stocks. But rather than try and select which stock might fall, he opts for a basket of financial players with the ProShares Trust Short Financials (NYSE: SEF). As an "inverse" fund, this moves in the opposite direction of the underlying index. (Read the full article here.)

And for even higher risk and volatility, Michael Shulman, editor of ChangeWave Shorts, looks to the ProShares UltraShort Financials (NYSE: SKF), an inverse double fund. Not only does it move in the opposite direction of financial stocks, but it moves twice as much. (Read the full article here.)

Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.

15 favorite ETFs for 2009 originally appeared on BloggingStocks on Fri, 16 Jan 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>commoditiesconsumer staplesConsumerStaplesdgpdigdividend investingDividendInvestingdlsdxoeememerging marketsEmergingMarketsetf investingEtfInvestingexchange traded fundsfinancial stocksFinancialStocksgdxgldglobal investingGlobalInvestinggoldgold miningGoldMininginverse etfInverseEtfishares emerging marketsIsharesEmergingMarketsleveraged etfleveraged fundLeveragedFundmarket vectors gold minersMarketVectorsGoldMinersoilpowershares db crudepowershares db gold double longPowersharesDbCrudePowersharesDbGoldDoubleLongprofshares short financialsProfsharesShortFinancialsproshares ultra goldproshares ultra oil gasproshares ultrashort financialProsharesUltraGoldProsharesUltraOilGasProsharesUltrashortFinancialpyhsefshort sellingShortSellingskfsmall cap investingspdr gold trustSpdrGoldTrustuglvalue line industry rotationValueLineIndustryRotationwisdomtree international small cap dividendWisdomtreeInternationalSmallCapDividendxlpFri, 16 Jan 2009 14:00:00 EST