Jim Cramer of CNBC said during his Stop Trading segment that you have to see Jp Morgan ( JPM ) go into the $20's before you can declare a " stock market bottom" for 2009 and declare today's rally more then a bear market bounce. Keep an eye on JPM stock as we trade over the next several weeks.
Keep in mind, Jim Cramer was not bullish over the past week when his friend Doug Kass made bottom statements for the S&P 500. The Doug Kass bottom is actually 693 on the S&P 500 which we broke but are now trading over 710 today on the Citigroup ( C ) news. Although, Cramer notes that the uptick rule would make him bullish.
"The Chinese stimulus plan changes spending habits as they are basically giving you money to spend. Check out FXI stock. if you like China. "
Fertilizer Stock Plays - " I like TNH because of dividend play. "
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Showing posts with label CNBC Mad Money. Show all posts
Showing posts with label CNBC Mad Money. Show all posts
Tuesday, March 10, 2009
Tuesday, October 21, 2008
Will Jim Cramer Apologize to AIG Employees?
Should Jim Cramer Apologize to AIG employees for stating on Mad Money 10/16/08 that we should hound them in supermarkets and ball parks?
The CEO of AIG has written a letter to Jim Cramer asking for an apology.
From the Wall Street Journal Blog
Edward Liddy -
Dear Mr. Cramer,
I was deeply disappointed last Thursday when you urged your viewers to harass AIG employees, saying:
“We should hound them in the supermarket, we should hound them in the ball park, we should hound them everywhere they are. We should make fun of them and we should point fingers at them and we should tell them that you have no shame.”
Those comments are outrageous. I demand they be retracted and that you apologize to AIG’s employees. It is one thing to criticize the executive leadership of AIG - that’s fair commentary. But it is way out of bounds to incite people to confront and harass other AIG employees - hard-working, dedicated people who are running good businesses and are committed to our success. The employees of AIG did not cause this mess, but they are paying for it - in diminished 401K savings and in some job losses as we sell companies to repay the Federal loan. The irony is that AIG employees did not cause the problem, but they will solve it. For that they deserve our praise and our gratitude.
I await your prompt response.
Sincerely,
Edward M. Liddy
The CEO of AIG has written a letter to Jim Cramer asking for an apology.
From the Wall Street Journal Blog
Edward Liddy -
Dear Mr. Cramer,
I was deeply disappointed last Thursday when you urged your viewers to harass AIG employees, saying:
“We should hound them in the supermarket, we should hound them in the ball park, we should hound them everywhere they are. We should make fun of them and we should point fingers at them and we should tell them that you have no shame.”
Those comments are outrageous. I demand they be retracted and that you apologize to AIG’s employees. It is one thing to criticize the executive leadership of AIG - that’s fair commentary. But it is way out of bounds to incite people to confront and harass other AIG employees - hard-working, dedicated people who are running good businesses and are committed to our success. The employees of AIG did not cause this mess, but they are paying for it - in diminished 401K savings and in some job losses as we sell companies to repay the Federal loan. The irony is that AIG employees did not cause the problem, but they will solve it. For that they deserve our praise and our gratitude.
I await your prompt response.
Sincerely,
Edward M. Liddy
Labels:
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Friday, September 12, 2008
First Solar ( FSLR ) Upgraded 9/12 to Buy - Societe Generale
This morning 9/12/08, First Solar ( FSLR ) has been started with a buy from Societe Generale company. First Solar stock has been crushed over the past two weeks due to fears of prices falling in 2009. They seem to be over done however, and I have been trading this stock daily. Buying below $200 and selling above or at $210 has worked great. When FSLR breaks $219 it will be back in play. I could see it going to $235-$240 quickly.
CNBC's Jim Cramer blessed FSLR stock on lightening round last night 9/11 on Cramer's Mad Money.
CNBC's Jim Cramer blessed FSLR stock on lightening round last night 9/11 on Cramer's Mad Money.
Labels:
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