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
TheStreet Open House

Top Takes From RealMoney


2. Let's Interpret Things Negatively
By Jim Cramer
10:00 a.m. EDT

A Michigan consumer number comes out. It is exactly what we should expect, and immediately the futures get hit, then the media says the number was not what we were looking for, and then regular selling begins. I have a piece coming up momentarily that says I want to take the other side of the trade. Maybe take in some Amazon (AMZN) or Apple (AAPL) as it gets closer to $135, although I have said it could trade as low as $130, I don't want to be too greedy...

No positions.


3. Corporate Bonds Still Firm
By Tom Graff
10:09 a.m. EDT

Stocks are lower, but once again the corporate bond market doesn't really care. Offers remain hard to come by, and investors who want to buy must pay a price high enough to convince sellers to sell. I went in for some five-year Verizon (VZ) bonds yesterday, $1 billion issue, and couldn't get a live offering at all.

Among credit ETFs, investment-grade iShares Investment-Grade Corporate Bond ETF (LQD) is in line with the Treasury market (i.e., no tighter) while the high-yield funds, iShares iBoxx High-Yield Corporate Bond (HYG) and SPDR Barclays Capital High Yield (JNK), are slightly lower. HYG shows green on the day, but it mysteriously dropped 25 cents in the last 15 seconds of trading yesterday.

So ignoring that oddball trade, both are unchanged to slightly lower. Still like high-yield for a trade, and LQD isn't a bad way to get access to the corporate bond market, especially given how hard it is to get offerings.

Long LQD, HYG, JNK.

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 17,249.17 +92.32 0.54%
S&P 500 2,009.59 +8.02 0.40%
NASDAQ 4,586.80 +24.6110 0.54%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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