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Dow +89.64 Nasdaq 0.00 S&P 0.00
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| Futures point to a slightly weaker Wall Street start reuters | | 
 | Stock futures flattish, retail results, GDP on tap marketwatch | |
| Oil rises towards $120 as Gustav looms reuters | |
| Oil rises above $119 on storm fears reuters | |
 | Economy Probably Grew Faster in Q2 as Exports Jumped bloomberg | |
| Canadian market higher led by financials, gold marketwatch | |
| Stocks rise on strong US data, financials reuters | |
| Crude futures close higher for a third session in a row marketwatch | |
| Canada Stocks Rise, Led by Banks, as CIBC Writedowns Ease Potash Advances bloomberg | | | |  | |
|  | Stock Market
Markets will continue to fall until Freddie Mac/Fannie Mae crisis is resolved - For the market to bottom, housing has to stabilize, which requires lower interests rates, lower home inventory, and higher home sales - Market will not take out July 15 lows unless the government doesn`t step in soon
Jim Cramer, CNBC
CNBC, Aug 26 2008 | | |  | Stock Market
Few traders trade during the height of summer, enabling bears to run rampant on stocks with no direction - In one of the most challenging periods in 30 years; doom and gloom is palpable and negativity almost alarming - WSJ headline pointed to rising home heating oil prices, yet failed to mention natural gas prices lower than a year ago: nat gas heats most US homes, people are switching from oil to gas in record numbers, the switch is easier than most people think - There is always a bull market somewhere
Jim Cramer, CNBC
CNBC, Aug 22 2008 | | |  | Stock Market
Whatever happened to stopping trading when news is pending?: precipitious decline of Freddie Mac and Fannie Mae stocks indicates someone, somewhere, knows something
Jim Cramer, CNBC
CNBC, Aug 21 2008 | | |  | Stock Market
The real buys may be in retail and tech: many retailers reported better-than-expected numbers this past quarter, while H-P`s business has been so good despite the worldwide slowdown - Bullish on Research In Motion, Apple, Intel, Google, even Qualcomm
Jim Cramer, CNBC
CNBC, Aug 21 2008 | | | | Stock Market
No leadership, in `no man`s land` as many traders are vacationing and there is little news
Jim Cramer, CNBC
CNBC, Aug 20 2008 | | | | Stock Market
Monday saw serious profit taking, nothing major: more important is the true underpinnings of the market, mainly the price of oil, natural gas, where suply and demand are controlling the market - Many oil and natural gas stocks are trading at a big discount to the price of the commodity, so buy natural gas stocks - In the past, events in Iran, Georgia, and the tropical storm in the Gulf of Mexico would have instantly taken oil to $150 a barrel, yet oil remains at $110 a barrel and is likely to fall even further: confirms that supply and demand rule, and the demand for oil and gas at $4.50 a gallon isn`t there - Scale out of oil stocks directly affected by the decline in oil prices, including Transocean, Rowen Drilling, Chesapeake Energy, XTO Energy, Ultra Petroleum
Jim Cramer, CNBC
CNBC, Aug 19 2008 | | | | | | |
| | Economy, , Chart
Housing will bottom in Q3 2009 according to charts of the 7 largest home builders, namely Toll Brothers, Centex, DR Horton, Pulte Homes, Lennar, MDC Holdings, KB Homes: their charts clearly show the top in July 2005, a year before the beginning of the end in July 2006, so given that 12-month lead, the bottom on July 17 suggests housing will bottom 309 days later - Market rebound will be supported by 10 indicators: far fewer homes are being built now than in 2005, the $300 billion Federal Housing Bill is helping homeowners avoid foreclosure, home prices have fallen to bargain levels, the hottest housing markets are starting to cool, mortgage rates should decline once Freddie Mac, Fannie are nationalized, the bulk of teaser rate home loans have reset so foreclosures will now decline, the rate of household formation will increase as thousands of apartment dwellers can afford homes, immigration should rebound after November election, the biggest problem areas, including California, Florida and Arizona are now contained, areas with the highest foreclosure rates are stabilizing
Jim Cramer, CNBC
CNBC, Aug 27 2008 | | | | Economy, , Chart
The time to worry about the economy was a year ago: the staggering losses in the financial sector could have been avoided had the Fed cut rates aggressively
Jim Cramer, CNBC
CNBC, Aug 2 2008 | | | | Economy, , Chart
Needs three economic fixes - First the creation of a resolution mortgage trust to bail out financial sector; just a $300 billion bond issue of 2-yr notes would buy all the bad loans at around 70 cents on the dollar - Second, the scrapping of ethanol, i.e. repealing Illinois/Iowa Corn Ethanol Mandate, which converts 30% of US corn crop into just 3% of US energy needs, thereby producing a 50% reduction in food costs - Third, emphasizing natural gas, which is 50% cheaper than oil and the cleanest, safest and most abundant fuel alternative: US has recently discovered huge amounts of natural gas
Jim Cramer, CNBC
CNBC, Jul 17 2008 | | | | | | |
|  | Interest Rates
Government should guarantee all debt from Freddie Mac and Fannie Mae and take 20% of both companies in warrants, thereby turning mortgages into the new treasurys; investors would scramble to buy mortgages and sell treasurys, rallying the mortgage market and get liquidity flowing back into the system, lowering mortgage rates, end the decline in housing and convert bank stocks from bear to bull
Jim Cramer, CNBC
CNBC, Jul 12 2008 | | |  | Interest Rates
Bernanke`s comments this week signal Fed willing to respond to an easing of the downside tail risks to growth and financial stability, central motivation to Fed`s 3.25 percentage point cuts - Expect Fed to raise a quarter-point to 2.25% in September, then a possible second increase by end of Q1 2009: previously expected first rate rise in Q2 2009
Bruce Kasman, J.P. Morgan
MarketWatch, Jun 12 2008 | | | | Interest Rates
Federal mistakenly focusing on inflation and not housing crisis: Bernanke had the same approach during last year`s crises in housing and financial services and caused $500 billion in losses - Better to tackle housing first, then inflation, by scrapping ethanol mandate, which has raised fuel prices and done very little to increase gas supplies - Raising interest rates would severely damage banks and cause a recession, with the loss of homes and jobs for millions of people
Jim Cramer, CNBC
CNBC, Jun 11 2008 | | | | | | |
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Daily Wisdom |
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Be fearful when others are greedy and be greedy when others are fearful - Warren Buffett
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Dow 11502.51
+89.64
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Nasdaq
2382.46
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S&P 500
1281.66
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| Latest Stock Opinion | | |
| | Cummins, CMI, Chart
Buy - Has the cleanest engine, the best technology
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | ACCO Brands, ABD, Chart
Sell, not enough there
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | Google, GOOG, Chart
Buy - Down every day is wrong - Will reach $500 again in no time
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | Verizon, VZ, Chart
Buy
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | GrafTech Intl, GTI, Chart
Buy, too low
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | Cisco Systems, CSCO, Chart
Buy, owns, growth and buyback
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | Emerson Electric, EMR, Chart
Buy, too low, market is wrong, many divisions doing well
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | Ambac Financial, ABK, Chart
Sell - Opaque financials, will need more capital, mistrust them
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | Terra Nitrogen, TNH, Chart
Sell, dislike fertilizer sector
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | Bristol-Myers Squibb, BMY, Chart
Bullish
Jim Cramer, CNBC
CNBC, Aug 28 2008 | | | | | | |
| Latest Earnings | |
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| Aer Lingus swings to first-half loss, predicts loss for the year marketwatch | |
| Aer Lingus swings to loss, sees tough end to year marketwatch | |
| Agricole, Natixis earnings plunge on market turmoil reuters | |
| Ahold Q2 net off, continuing ops up 4.1 percent marketwatch | |
| Air Berlin profit up 38 percent, sees further cost savings marketwatch | |
| Amec first-half profit up 33 percent, ups margin target marketwatch | |
| Bank of China posts 43 percent rise in first-half net income marketwatch | |
 | Bertelsmann swings to profit, but issues cautious outlook marketwatch | |
| Caterpillar sees strong China sales enduring reuters | |
| China Mobile stumbles on growth outlook jitters marketwatch | |
| China Telecom first-half net drops 4 percent from year earlier marketwatch | |
| Credit Agricole Q2 Net Profit Falls 94 percent Due To Monolines marketwatch | |
| Dell`s Old Direct-Sales Strategy Brings New Profits in Fast-Growing India bloomberg | |
| Diageo net up 2 percent as scotch demand offsets rising costs marketwatch | |
| Ferrexpro profit jumps, sees strong profit growth in 2008 marketwatch | |
| Hellenic Telecom profit up 17 percent on mobile growth, cost cuts marketwatch | |
| Kazakhmys first-half net profit down amid lower production marketwatch | |
| Natixis Posts EUR948M 1st Half Loss, Shares Slide marketwatch | |
| Sears Holdings quarterly net income drops 62 percent marketwatch | |
| Sears Q2 Profit Falls 62 percent. Sales Drop Is Less Than Estimated bloomberg | |
| Suez Environnement first-half profit drops 14 percent marketwatch | |
| Toyota Cuts 2009 Sales Forecast as US Gasoline Prices Dampen Truck Sales bloomberg | |
| Toyota cuts 2009 sales target by 6.7 percent as US demand eases marketwatch | |
| Toyota cuts sales forecast as demand sputters reuters | | |
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