Showing posts with label cramer last night. Show all posts
Showing posts with label cramer last night. Show all posts

Tuesday, October 29, 2013

Big Day for Interpreting Cramer and P&G Yesterday

When Cramer starts a position in P&G and then loads up twice in one day, this is a big call.  It is a warning about the general market -- the closest he comes without saying so.  It has been years, really, since P&G served as the safety market.  It looks like this is the year, hopefully decade, for Cincinnati.  Everything is coming up roses for this town.

Saturday, October 26, 2013

Two Dualing Gurus Cramer and Jimmy Rogers

http://jimrogers-investments.blogspot.com/2013/10/artificial-sea-of-liquidity.html 

The eternal dilemma, whom to follow.  Cramer has been spectacularly successful with his model portfolio, which is not that easy to replicate, even with low or non-existent commissions/transaction costs.  

Saturday, August 31, 2013

Have I Turned the Corner?

The day Facebook announced its earnings and that it now was making money on ads on mobile, I recognized the trade of a lifetime.  So I even bought in the pre-market for myself and clients, even though FB was up 2 points already.  It worked wonderfully.

So Thursday night I heard Cramer's interview with the head of Salesforce, which had reported earnings that day.  The best presentation I have ever heard.  Again I bought for myself and clients in the pre-market and after CRM was up 2 points.   Another great trade, as CRM continued strong to the end.

Last week too Cramer identified COG as a natural gas play, building, or benefiting from building, a pipeline to New England, previously stuck with propane or heating oil for the residential market, I believe.  That's a theme I have been watching for 35 years, mainly with electricity.  So I bought COG.  It looks strong for a long time although I'm slightly under water after a couple of days..

Tuesday, May 21, 2013

Cramer Last Night

Cramer, CNBC, whom I TIVO nightly (on days when Boo has not taken the remote out and chewed off its end after being picked up at the Long-Term Doggie and Remote Chewing Made Easy Park) was awesome last night on Mad Money, about how an already rich person (Powerball winner) should invest.  The trope is that a really rich person need not take a risk on common stocks and need only have a bond portfolio and no stocks, to live comfortably.

That comfortably rich person should Avoid Bonds Totally, Cramer says.  Instead,real estate trusts and other trusts like KMR (not sure this is the symbol, but it's Kinder Morgan) and the like. Because bonds -- any bonds -- will make you poor again.  Why KMR and the like?  High payouts, some equity risk, but without the bond risk. "The low interest rate environment is Bernanke's austerity program for the rich."

The transcript:



Lightning struck, not once, but twice to two people this weekend... hey, it's the good kind of lightning... the kind that puts hundreds of millions of dollars in people's pockets. And on a day where the averages backslid, with the Dow dropping 19 points... it's worth discussing what the heck the mysterious winner of the $590 million Powerball competition, and David Karp, the man who just got hundreds of millions of dollars for selling Tumblr to Yahoo, should do with their newfound money.Boy, they've come to the right place, because this is exactly what I used to do for people who made fortunes, at Goldman Sachs, and then at my own hedge fund, before I retired to do television and run my charitable trust. Oh, and for those of you who don't already have millions of dollars just yet, or maybe 1/100th of that just yet, you can learn some very important lessons from this too.

1. You only need to get rich once. Lower your risk.

2. Diversification across the whole span of asset classes. Own gold bars.

3. Have some high-end real estate and masterwork paintings, assets that have held up in hyper inflation, diversify both in domestic real estate as well as raw land.

4. Invest in U.S. Treasuries (20%), municipal bonds and corporate bonds, not in stocks, and not in bonds with any possible default risk whatsoever.
Alright, all of that is something I would normally do for someone who is super-rich. That's what I would have done in the '80s and '90s and even as recently as 2009. Oh, but these are not normal times now. Oh no, not for bonds. At the moment, if I were given this money, do you know that I wouldn't tell them to do any of these fixed-income alternatives that I just outlined. Now, I would probably put 50% in overnight cash. And that would be waiting for the Fed to blink, because all day all people ever talk about is, the Fed is going to blink. So I can't be oblivious to that. One day, the Fed will raise rates.Until then, these rates for all income- or fixed-rate instruments, or every part of the spectrum, are so low that they are indeed dangerous, and I don't want anyone to be buying them.So right now, if I were managing Powerball winners, or David Karp's newfound wealth, I would do what I know many rich people are actually doing; I would buy higher-yielding master limited partnerships, or MLPs... higher-yielding real estate investment trusts... and some of the better stocks of companies that are serial dividend raisers. Why these? Because the wealthy are backed into a corner. They're backed into a corner of these offerings by the Fed. And I've been thinking about it. You know what the Fed's really done here? They've created an austerity moment just for the rich. The Fed's essentially mandated that rich people will not be able to make money by stuffing their wealth into bonds anymore. In this environment, the rich have to risk something in order to stay ahead of inflation. That's Bernanke's plan.What's the first thing I would buy?...

1. Oil master-limited partnerships. Kinder Morgan Energy Partners, KMP; and Enterprise Product Partners too, EPD, yielding 5.9% and 4.4%, respectively, getting a nice blend of 5% and change. Williams Partners, WPZ, at 6.5% yield.

2. Real estate investment trusts: Healthcare Trust of America, HCT, which yields 4.4%.

3. Classic dividend growers: Stocks like Johnson & Johnson and General Mills, two fabulous serial dividend raisers, of course.
Yep, I know, these certainly have risk. Equities have risk. But right now, the risk from owning these stocks is less than the risk you get from my traditional bond-heavy methods of investment for the wealthy that I detailed earlier.

Here's the bottom line...
▼   ▼   ▼   ▼   ▼


You only need to get rich once. But because of Fed-mandated bond austerity, we have no choice. The Powerball winner, and Mr. Karp of Tumblr... at the moment, you need dividends from stocks, not coupons from bonds. You need safety. And right now, the safety's more in higher-yielding stocks than it is in much lower-yielding bonds. Oh, and memo to everyone else watching: bonds are just as dangerous for you too.

Friday, January 25, 2013

Cramer: Do Something With That Mountain of Cash, Tim Cook of Apple

(c) 2013 F. Bruce Abel

Because of the immense importance of AAPL, last night's Cramer makes it clear that AAPL will not go up or be out of the doghouse until it announces that it's going to "do sommething with that mountain of cash."  $137 Billion.  This perforance last night was equivalent to Cramer's rant which caused Bernanke to do exactly what Cramer demanded.  Will Cook do the same? Until he does AAPL is dead in the water.

Wednesday, May 23, 2012

Cramer's Best

The very best presentation by Jim Cramer, Monday.  A tour-de-force as to why financial engineering has destroyed the retail investor.

http://video.cnbc.com/gallery/?video=3000091443 

Wednesday, January 25, 2012

Cramer Last Night

http://www.madmoneyrecap.com/madmoney_nightlyrecap_120124_1.htm

This show plus President's speech last night!

Monday, August 29, 2011

Ten Things

The deeper meaning to my purchase of 1000 BAC the morning Warren Buffet announced his purchase:  it was a day of otherwise huge import in our family, as Doug and Becca and kids were moving to Barcelona.  For me to make such a purchase just before taking them to the airport was "a signature moment."  We'll see if it works out.

Friday, August 26, 2011

Ten Things

Warren Buffet stepped up to the plate on Cramer's Item No. 2 yesterday.  I "bit" for 1000 BAC at near the high of the day and I'm proud of it, although I sold 500 near the low of the day. Jim defended the bullishness of BAC in his opening segment last night, bashing the short-sellers who dumped on the Buffet deal (from the point of view of BAC).  Mainly the Fast Money crowd.

Wednesday, August 24, 2011

Ten Things

OK, so we had this tremendously up day yesterday and some of Cramer's "Ten Things" started to turn around.  This raises the age-old problem.  Since they all have not turned, is this an opportunity to sell????

Review of Ten Things

1. leaders coming back from vacation; ????
2. banks stopping going down; yes except for BAC, which is Blodget's and everybody else's short sale as a proxy for european banks which cannot be shorted anymore.
3. tech's seasonal slump has to end.  On examination of this one it appears the calendar is the only determinant, as this happens in the last week of September.
must be more mergers and acquisitions;
4.   must be more mergers and acquisitions; not that I heard about yesterday, but I was laser-tagging with Owen and his friends yesterday.
5. must be lower stock and gold prices; yes as to the latter only.  So Cramer is saying "Sell this rally."
6. Europe must step up its game; certainly rumblings out of German principals on this one.
7. Brent crude must go below 100;  no help yesterday.
8. China must stop raising rates;  don't know.  How find out?
9. Europe says we'll stick with a VERSION of the euro, not the euro; stay tuned, not yet.
10. must be some stock leadership.  where was the leadership yesterday?  techs and most banks probably.



Tuesday, August 23, 2011

Ten Things

Cramer has done this before and it is good as a trading guide.  Last night he listed ten things or concepts that had to happen that would make the market good to invest in again.  It is not yet posted, so I will now go down into the barn room and look at it on TIVO and then replicate it here.

When he did this before he didn't wait until all of his list was satisfied before he became bullish again, as I recall.

Based on the ten things we have a ways to wait.

Being old, I can remember only one -- gold going down three straight days.  (It is down this morning in pre- trading.)

OK, here are the 10:

1.   leaders have to come back from vacation;
2.   bank stocks have to stop going down;
3.   tech's seasonal slump has to end;
4.   must be more mergers and acquisitions;
5.   must be lower stock and gold prices;
6.   Europe must step up its game;
7.   Brent crude must go below 100;
8.   China must stop raising rates;
9.   Europe says we'll stick with a VERSION of the euro, not the euro;
10. must be some stock leadership.

Wow! is gold going down or what?  dn 2.91 as I type (GLD, that is, which is 1/10th of real gold).

Wednesday, August 10, 2011

Cramer Last Night



His shopping list last night:

So what's on our diversified dividend shopping list, after we've had this incredible crack in the stock market?...




Cramer's Diversified Dividend Play #1:

Consolidated Edison, Inc.

Dividend Yield: 4.7%



Cramer's Diversified Dividend Play #2:

Enterprise Products Partners LLC

Dividend Yield: 6%



Cramer's Diversified Dividend Play #3:

Verizon Communications, Inc.

Dividend Yield: 5.8%



Cramer's Diversified Dividend Play #4:

Bristol-Myers Squibb Co.

Dividend Yield: 4.9%



Cramer's Diversified Dividend Play #5:

Darden Restaurants, Inc.

Dividend Yield: 3.7%



Cramer's Diversified Dividend Play #6:

Kimberly-Clark Corporation

Dividend Yield: 4.4%



Cramer's Diversified Dividend Play #7:

International Paper Company

Dividend Yield: 4.4%

Tuesday, May 24, 2011

Cramer's New List -- Before the Market Will Rally

#1 Suggestion


First, I wish Greece would just default already. It's so inevitable. If this happened, think about it, we could rethink this whole process. Let some of these European banks that own too much of this bad government debt go out of business. They never raised the capital that our banks did anyway. It's time for Europe to take the medicine, and get with the program. We all will survive this default. But this finger-in-the-dike nonsense must end once and for all. A failure of imagination. Come up with a two-tier currency. I don't care. Let's move on.

#2 Suggestion

Second, I wish the federal government would force the exchanges here to raise the margin rates on oil. All the President has to do is suggest... and believe me, the exchanges would cave. You could send oil prices down to $85 in a nanosecond. I wish I could guarantee something, but I'll tell you something, this would happen... And then what would happen? Gasoline, down to $3.25. An immediate spending impetus for the whole country. Recharge the nation.

#3 Suggestion

Third, I wish China would recognize that the inflation side of things isn't as important right now. They just had a bad industrial number that came out last night. The slowdown... they're engineering a slowdown... Maybe enough is enough, central bank. The whole commodity complex is collapsing. The Chinese seem a little oblivious. Love those guys, but come one. The world needs your help.

#4 Suggestion

Fourth, I wish the US government would take advantage of these incredibly low long-term interest rates and refinance its debt, so that we don't have to worry about the IMF someday coming here, because we can't roll over our short-term paper. That is the current Grecian problem. The Treasury Secretary could be a hero for this. He seems to be willing to sacrifice long-term considerations for short-term borrowing costs. I know. I've heard him say it. $200 billion. You know what? A small price to pay, versus having the IMF here. Come on, Tim, you're better than that. I know you are. You're one of the good guys.

#5 Suggestion

Fifth, I wish that we could recognize the opportunity that the glut of natural gas in this country represents... an opportunity to choke off OPEC by forcing trucks to switch from diesel fuel to liquefied natural gas.

#6 Suggestion

Sixth, I wish stocks would just get where they have to go... to levels where the values are so obvious that they would have to be taken. That would require them to become accidental high yielders, giving people a chance to earn some income while they own stocks. Hey, you know something? It's already starting to happen. Have you seen where Nucor, the great steel company, is? It now yields 3.5%. Most stocks have further to fall, and endless bidding up of the staples... it's now beyond reason. I mean, come on.

#7 Suggestion

Seventh... oh here's a tough one... I wish the underwriters who started a social media bubble last week, with their ridiculous under pricing of LinkedIn, would be castigated by the SEC. The SEC always takes a handoff approach to this stuff. It was so obvious that this moronic deal would cause another bubble, that I know it made me feel much more negative about stocks than I like. Believe me, there's nothing inevitable about the social media bubble. We are not doomed to repeat the mistakes of the dot-com era. It can be stopped. Come on, government. Get your hands dirty. Get involved. You're involved with the bank and mortgages. Get involved with underwriting before it's too late, and the whole dot-bomb process begins again, ruining the asset class that is stocks, even more than it already is.

#8 Suggestion

Eighth, I wish people would stop trashing Ben Bernanke. He is single-handedly keeping the financial system afloat, against an onslaught of foreclosed properties that are crushing the banks' balance sheets. Bernanke's been the best Fed Chairman of our lifetime. Give the guy a break.

#9 Suggestion

Ninth, I wish that a bunch of these stocks that trade in triple digits would just split already. Look, I know splits are totally cosmetic... that they create no real value. But I have to tell you, these stocks are being viewed as targets of opportunity for short sellers, and they are also the easiest ways for managers to raise money. A simple split would make their stocks more stable, and accessible to homegamers before they're driven out of the game entirely.

#10 Suggestion

Finally, I wish the President would come home and say to congress, no recess until you raise the debt ceiling and agree to some big spending cuts. We have a chance, right now as a nation, to assert ourselves as the world's most financially stable place. If we could only reach some sort of major debt agreement, the world is ours to win.

The bottom line...


▼ ▼ ▼ ▼

How outrageous is my wish list... as outrageous as it is common sensical... Everybody in this market knows that every one of these open-ended issues, and the problems they are causing for stocks. And until they are resolved, we can't rally. It's too bad, because we could easily take out the highs, if we got all 10 of these points. Then again though, this asset class has no supporters in Washington these days. So don't hold your breath. I say let the market come down until we get some of these points resolved. And then find yourself in a great situation, and great shape, to take advantage of the aftermath.





Wednesday, November 24, 2010

Mad Money Recap | Nightly Recap for:  Tuesday, November 23, 2010

Mad Money Recap Nightly Recap for: Tuesday, November 23, 2010: "Jim indicated these are typical momentum names that have the highest growth right now: From the F.A.D.S. C.A.N. Mad Money acronym, representing:
F5 Networks Inc. (FFIV), Apple (AAPL*), Deckers Outdoor Corp. (DECK), Salesforce.com (CRM), Chipotle Mexican Grill, Inc. (CMG), Amazon.com (AMZN), and Netflix, Inc. (NFLX)."

Saturday, November 13, 2010

Mad Money Recap | Nightly Recap for:  Thursday, November 11, 2010

Mad Money Recap Nightly Recap for: Thursday, November 11, 2010: "You've come here to learn how to make money off of big events, not what's happening in the G20... but how you can profit off the G20... and you've come to the right place tonight, believe me... because, I have the answer. Buy gold."

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