July 5th - AA YHOO

Its been a while, but Cramer is finally back with new shows!

Cramer's first 2 stocks were AA Alcoa Inc. and YHOO Yahoo! Inc

AA
Closing Price: $32.84
After Hours High and close: $33.45
Percent Increase: 1.9%
Trades on NYSE
Sector: Basic Materials
Short %: 1.8%
Days to Cover: 1.9

YHOO
Closing Price: $32.47
After Hours High: $32.79
Percent Increase at High: 1.0%
After Hours Level Off Point: $32.70
Percent Increase: 0.7%
Trades on NASDAQ
Sector: Technology
Short %: 6.4%
Days to Cover: 3.6

Nothing great here with Cramer's first new picks in a long time. YHOO is an ANGO no-short rule because after hours it is trading below the daily high of $32.99. Not to mention I wouldn't really want to short Yahoo anyway since it trades very similarly to Google and after some good words from Cramer on Google today and it being a very volatile stock it just isn't worth it. AA is barely above its daily high after hours, but the rule does not apply. This was a steady climber after hours unlike usual Cramer picks were the stocks start really high and slowly come down. Also, the percent increase isn't really great. AA is an NYSE stock so it would be worth looking for any big block trades early. A big block near highs might be a big short. An early big block without much price increase watch out for a run and look for the high $33 level for a peak.

Cramer's next segment had no picks. It was about taking profits when they are available in speculative stocks.

Finally Cramer played "Am I Diversified", so no picks there to speak of.