This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Cramer's Best Blogs

3. The transports have been destroyed. There is no sponsorship whatsoever, and this group goes down pretty much every day. It is frightening to people because the losses are happening so quickly.

4. Health care's been rocked by the new Medicare rules. If you look at United Health (UNH - Get Report) and Humana (HUM - Get Report), you will see how the stress has just caused the group to buckle. The change in the law that severely limits Medigap, the staple of Humana, is on display today writ large. I would exempt the drug stocks, but they have gigantic strong-dollar exposure -- worrisome. I would say that biotech works, and that's why Gilead's (GILD - Get Report) been such a strong equity. I think that will continue, but we have to recognize that the group's been strong and Gilead's had a great run -- one that can continue, but a lot of the easy money has been made.

5. Retail is under a level of pressure I have never seen, with balance sheets stretched beyond belief. It is amazing to me how many retailers simply may not make it. The downgrade of JCPenney (JCP - Get Report) today is emblematic of that. The Limited (LTD) balance sheet, the Macy's (M - Get Report) balance sheet ... they are frightening. The bankruptcies here could be monumental.

6. The real estate investment trusts, once thought of as staples, are in free fall because they need financing to stay in business, and there is no financing for them. None. So as the debt needs to be rolled over, the market is downright inhospitable. Even the best of these, Simon Properties (SPG - Get Report), with the best retailers, and Vornado (VNO - Get Report), with the best commercial tenants, can't withstand this onslaught.

7. Tech's under pressure from a million sides. When the best of the best -- Hewlett-Packard (HPQ - Get Report) -- tells people things have slowed dramatically, and the semiconductor industry puts out some semiconductor equipment data that's so dismal it will take your breath away, you know the group can't rally.

2 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
SKF $47.35 0.13%
PGF $18.42 0.16%
LTD $0.00 0.00%
AET $114.54 -0.14%
AIG $59.89 -0.55%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs