June 4th
I'm having some computer issues that won't allow me to post probably till later this week (I hope). Just using a friends computer to post this.
Hope to be back soon!
This is a blog that tracks my daily research on "selling short" Jim Cramer's picks from his CNBC TV show Mad Money. These are very short term trades (Day Trades) to try to make a quick buck. DISCLAIMER: I am not responsible for any trades you may make from reading my blog.
I'm having some computer issues that won't allow me to post probably till later this week (I hope). Just using a friends computer to post this.
Cramer's speculation Friday pick was NAVTEQ Corp. (NVT)
Pre-Market High: $ 10.55
Cramer looked at some stocks that could be added to the Russell 2000 index and recommended:
Cramer started out by saying he thinks eBay and Yahoo! should join forces and would buy this new company hand over fist. BUT he said he isn't interested in owning either on their own right now, so no pick to analyze for shorting.
Cramer went looking for some wild bull markets and recommended the following stocks:
Pre-Market High: $ 9.20
The final 6 DOW stocks that were looked at were PFE, PG, UTX, VZ, WMT, and DIS. (Just for your reference)
The next installment of the DOW stocks being analyzed looked at IBM, JNJ, MCD, JPM, MRK and MSFT. As I have said all week, I'm not really going to look at the short side of these stocks since they aren't really picks.
Pre-Market High: $ 28.28
The next 6 DOW stocks that Cramer looked at were MMM, GM, HPQ, HD, HON, and INTC. Again, not a segment of the show this week I am commenting on.
Pre-Market High: $ 15.25
Cramer continued his look at the stocks from the Dow Jones Industrial Average and looked at CAT, C, KO, DD, XOM, and GE. I'm not going to look at these for shorting since they aren't really picks. Cramer did put price predictions on the stocks, but again, we know Cramer is following an alphabetic order with the DOW stocks (by company name, not stock code) so there is no reason for these to be bid up insanely.
This week Cramer is going to look at all 30 DOW components to see what he expects them to do in the upcoming year (as he has predicted the index to go well over 14,000). People may buy the stocks in hopes people will buy them as he mentions them through out the week, but there is no secret here, and no real reason for these stocks to pop creating a shorting opportunity.
Cramer's final pick in his strong CEO companies was Coca-Cola Co. (KO)
William Wrigley Jr. Co. (WWY)
Toyota Motor Corp. (TM)
Herbalife Ltd. (HLF)