This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Top Takes From RealMoney

The RealMoney contributors are in the business of trading and investing all day on the basis of ongoing news flow. Below, we offer the top five ideas that RealMoney contributors posted today and how they played those ideas. brings you the news all day, and with RealMoney's "Columnist Conversation," you can see how the pros are playing it on a real-time basis. Here are the top five ideas played today. To see all that RealMoney offers, click here for a free trial.

Pullback Plays

By Alan Farley
12:12 p.m. EDT Tech stocks are a tough trade, after the Nasdaq-100 (NDX) broke its two-month rising channel on Wednesday. However, a number of other stocks and sectors have held up reasonably well through the selling pressure.

Here's a quick list of good-looking pullback plays:

No positions.

Bearish Hedge on the Dow

By Timothy Collins
10:14 a.m. EDT

We are buying the ProShares Ultrashort Dow Jones (DDM) May 28 puts for 50 cents and simultaneously selling the Dow Jones Diamonds (DIA) May 83 puts for 67 cents.

This is in a 1.5-to-1 ratio of DDM to DIA for a total net cost of 8 cents. This is a bearish trade. It will profit from a sideways or down move but would lose the 8 cents on a move higher in the Dow. This is a fast-moving market, so prices will change. Profits will accelerate on a downward move in the Dow.

Long DDM May 28 puts, short DIA May 83 puts

Breaking the Channel Lines

By Helene Meisler
8:47 a.m. EDT

After I wrote my column last night, I reread John Magee's chapter on channel lines and discovered something interesting.

The amount (of points) that the chart fails to reach the top of the channel by (in the Nasdaq's case it's about 40 points) is usually the amount by which it falls from the lower trendline before having its first snapback rally.

In this case we broke at 1,700 and closed last night at 1,664, so at 1,660 we'd be pretty close to that 40-point "number." That is in keeping with my thought that it's expiration week and we should have "one different" day. As I said in my column, it's usually a down day, but this has been a down week, so why not an up day?

I'd look for a respite from the downside.

No positions.

1 of 2

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
BBG $8.65 4.20%
BGC $17.33 0.58%
BYD $13.83 -2.60%
OII $54.58 1.20%
DIA $177.00 -0.33%


DOW 17,716.40 -59.72 -0.34%
S&P 500 2,058.38 -9.51 -0.46%
NASDAQ 4,866.4750 -34.41 -0.70%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs