News Breaks |
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| April 10, 2012 |
| 21:36 EDT |  | AA, VVUS, AMAT, SU, OC, BRCM, HEK, MON, BBY, XOM, EXXI, CMG, XLK, XLF, XRT, XHB, SGI | Jim Cramer's "Mad Money"
Even after a fifth day of declines, Jim Cramer said it's still not time to throw in the towel. He said the many negatives: weak unemployment, low business confidence, declining Chinese imports and the mess that is the Italian bond market are already factored into the market. Also, the markets have had an incredible run since September and are due for a pullback. But what's not factored into the markets, said Cramer, are earnings and earnings surprises like those delivered by Alcoa (AA). The markets are also sending all stocks lower, which creates opportunities for the sectors that don't deserve that punishment. Cramer said he simply cannot be bearish on restaurants or retail when oil prices are likely to retreat, nor can he be bearish on high-growth stocks or on companies that prosper when their fuel costs are falling. OFF THE CHARTS: Cramer and colleague Tim Collins went over the health of the overall market as seen through a technician's eyes. Collins used a recent chart of the S&P 500 to note that the index took a turn for the worse Tuesday after it fell below a key level of 1370. He said after that point, sector after sector began to get crushed as the selling intensified. Collins noted that the S&P Homebuilder ETF (XHB) looked as if it was going to test its 50-day moving average once again and bounce higher, but after Tuesday's action, the chart has now turned ugly. Collins noted similar patterns with the S&P Retail ETF (XRT), SPDR Financial ETF (XLF) and the SPDR Technology ETF (XLK), all of which showed a shimmer of hope until Tuesday's selling gained steam. Cramer recommends that investors stick with the fundamentals of individual high-growth stocks and use a longer time horizon. Next, Cramer reminded viewers, as he once again highlighted Chipotle Mexican Grill (CMG) as a quality growth company that investors should consider for their portfolios. Even after Tuesday's selloff, shares of Chipotle are only 2% off their 52-week high. Cramer told viewers not to chase Chipotle shares higher and to instead wait for a market pullback, and buy in on the cheap over time. EXECUTIVE DECISION: Cramer spoke with John Schiller, chairman and CEO of Energy XXI (EXXI), a little-known oil driller that is proving there's still a lot of money to be made drilling for oil. With oil prices near record levels, the oil fields purchased from Exxon-Mobil (XOM) just a few years ago are now windfalls for Energy XXI. Schiller said he sees oil trading between $115 and $140 a barrel longer term. Cramer said that Energy XXI, while not a household name, is one oil driller that should be on every investor's radar. NO HUDDLE OFFENSE: Cramer opined on the sudden departure of Best Buy's (BBY) CEO. Cramer has been negative on Best Buy for ages, and agrees with many who feel that the company may not survive its battle with online retailers who can sell their commodity items for less money and often without sales tax. Cramer also agreed that Best Buy squandered its cash by spending $1.5B to buy back shares. LIGHTNING ROUND: (Bullish) MON; HEK; BRCM; OC. (Bearish) SU; AMAT; VVUS; SGI. Reference Link |
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News For AA;XHB;XRT;XLF;XLK;CMG;EXXI;XOM;BBY;MON;HEK;BRCM;OC;SU;AMAT;VVUS;SGI From The Last 14 Days Check below for free stories on AA;XHB;XRT;XLF;XLK;CMG;EXXI;XOM;BBY;MON;HEK;BRCM;OC;SU;AMAT;VVUS;SGI the last two weeks. |
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| May 21, 2013 |
| 12:36 EDT |  | BBY | On The Fly: Midday Wrap
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| 12:32 EDT |  | BBY | Options with decreasing implied volatility: PXP ARNA BBY OPK CSC
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| 10:20 EDT |  | BBY | Best Buy down over 3% in volatile trading, levels to watch
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| 10:03 EDT |  | HEK | Heckmann management to meet with Needham
Meeting to be held in the Midwest on May 22 hosted by Needham. |
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| 09:25 EDT | | BBY | On The Fly: Pre-market Movers
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| 08:46 EDT | | XLK | Technology Select Sector SPDR: Pivot points
The following are the pivot points for XLK. Pivot High: $32.365, Pivot Low: $32.145. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. |
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| 08:45 EDT | | XLF | Financial Select Sector: Pivot points
The following are the pivot points for XLF. Pivot High: $20.130, Pivot Low: $19.950. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. |
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| 07:09 EDT | | BBY | Best Buy expects investment in price competitiveness to continue into Q2
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| 07:07 EDT | | BBY | Best Buy reports Q1 SSS fell 1.3%
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| 07:03 EDT |  | BBY | Best Buy reports Q1 adjusted EPS 32c, consensus 25c
Reports Q1 revenue $9.38B, may not compare to consensus $10.64B. Reports Q1 SSS down 1.3%. |
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| 05:57 EDT | | XLF | Financial Select Sector overall volatility at 17, 26-week average is 18
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| May 20, 2013 |
| 15:22 EDT | | BBY | Notable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c. |
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| 15:05 EDT | | BBY | Best Buy May 27 weekly straddle priced for 9.1% move into Q1
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| 12:24 EDT | | BBY | Stocks with call strike movement; FSLR BBY
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| 11:08 EDT | | BBY | Best Buy May weekly volatility elevated at 117 into Q1
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| 08:46 EDT | | XLK | Technology Select Sector SPDR: Pivot points
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| 08:45 EDT | | XLF | Financial Select Sector: Pivot points
The following are the pivot points for XLF. Pivot High: $20.050, Pivot Low: $19.860. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. |
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| 08:08 EDT |  | XOM | EU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link |
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| 08:04 EDT | | MON | BofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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| 07:58 EDT | | AA | BofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am. |
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