Musical Chairs - Cramer’s Mad Money (10/3/08)
October 3, 2008
Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday, October 3.
Despite the passage of federal bailout package, Jim Cramer said that he did not trust this market. He reminded investors to sell into any moments of strength and play defensively as the details of the bailout plan begin to play out.
Musical Chairs - Cramer’s Mad Money (10/3/08)
Not Much to Recommend - Cramer’s Lightning Round (10/3/08)
October 3, 2008
Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday, October 3.
Bullish Calls:
Not Much to Recommend - Cramer’s Lightning Round (10/3/08)
03 Oct 2008 16:00:00 - Top 5 Stocks up on Unusual Volume
October 3, 2008
| Intraday Unusual Volume - Top 5 Up |
| Symbol | Volume % Change |
Price % Change |
News | |
| TKLC | 925% |  13.66% |
news | |
| GMKT | 238% | 22.62% |
news | |
| SPTN | 93% | 25.28% |
news | |
| ALOG | 85% | 45.93% |
news | |
| SOHU | 75% | 55.04% |
news | |
|
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03 Oct 2008 16:00:00 - Top 5 Stocks up on Unusual Volume
03 Oct 2008 11:30:00 - Top 5 Stocks up on Unusual Volume
October 3, 2008
| Intraday Unusual Volume - Top 5 Up |
| Symbol | Volume % Change |
Price % Change |
News | |
| SBAC | 187% |  22.80% |
news | |
| AAPL | 171% | 103.86% |
news | |
| ANGO | 114% | 15.66% |
news | |
| ATVI | 95% | 13.51% |
news | |
| RYAAY | 91% | 20.01% |
news | |
|
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03 Oct 2008 11:30:00 - Top 5 Stocks up on Unusual Volume
The Downside
October 3, 2008
Felix Salmon submits:
The S&P 500 closed today at its lowest end-of-day level since October 2004 — lower, even, than it closed on Monday. I spent much of the afternoon talking to perennial pessimist Bill Rhodes, at Citibank, who was keeping one eye on the markets; he’s on the record as saying that this is the worst crisis he’s seen in an international career at the bank which has spanned more than 50 years and which has been dedicated largely to crisis management.
Here’s a datapoint to underscore just how bad things are: the markets plunged on a day when the WSJ had a front-page story about how the Fed is considering even more rate cuts — the kind of story which is normally good for at least a couple of hundred points on the Dow.
Don’t Expect Bailout To Stop Foreclosures [Housing Tracker]
October 3, 2008
Seeking Alpha’s Housing Tracker is a collection of housing-related excerpts from various sources, grouped by topic. Feel free to post any interesting links on the subject in the comments section below.
Foreclosure Data
Don’t Expect Bailout To Stop Foreclosures [Housing Tracker]
Global Subprime: Eye On UK [Housing Tracker]
October 3, 2008
Seeking Alpha’s Housing Tracker is a collection of housing-related excerpts from various sources, grouped by topic. Feel free to post any interesting links on the subject in the comments section below.
Global Subprime
Global Subprime: Eye On UK [Housing Tracker]
GE Dilution Questioned
October 3, 2008
FP Trading Desk submits:
While much of the market is staying on the sidelines with cash in hand, Warren Buffett has made some major investments in names like Constellation Energy Group Inc. (CEG), Goldman Sachs Group Inc. (GS) and now General Electric Co. (GE).
His Berkshire Hathaway Inc. (BRK.A) announced plans to purchase $3-billion in perpetual preferred GE stock and warrants to buy 134.8 million common shares at any time in the next five years. The price tag was set at $22.25 a share, below GE’s market price and nearly half of where it was trading a year ago. GE is also offering at least $12-billion in common shares to the public.
The Biden-Palin Panderfest
October 3, 2008
Matt Cooper (Portfolio.com) submits:
Okay, Sarah Palin didn’t implode. Her sentences, however meandering, found their way to a period. Joe Biden doesn’t have Tourette’s Syndrome. Neither screwed up terribly in their one and only debate Thursday night. And Palin did far better than she’s been doing in recent interviews where she left one longing for the gravitas of Dan Quayle.
But let’s be honest. Both were dishonest in a fundamental sense. Both of these vice presidential candidates left the impression that they could offer a lot of benefits to the middle class. Biden, the Democrat, repeated the 95 percent of Americans getting a tax cut pledge from Barack Obama’s campaign. Palin left a similar impression that she and Republican John McCain could bestow benefits on a beleaguered middle class.
Despite Changes, Resuce Package Still Imperfect
October 3, 2008
FP Trading Desk submits:
The bailout bill, sorry, “rescue package” passed by the U.S. Senate on Wednesday night is now 451 pages long and includes roughly $150-billion more in unfunded spending.
While the core of it remains intact, the changes will make it unappealing to outspoken moderate House Democrats and some fiscally conservative Republicans, so approval by the House of Representatives is by no means a done deal, CreditSights told clients.
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