SMH, AMZN & MSFT: Just wandering through tech-land spotting winners and losers. You can buy just about anything at AMZN now while semis suffer since most are made offshore. Why are conditions at Microsoft bizarre? Most of their large cash hoards, like many large multinationals, are offshore. If they repatriate it, they must pay high U.S. corporate taxes in addition to the lower corporate taxes offshore -- a double tax. So, to increase the dividend, they sell short-term bonds for less than 1% and avoid the tax. Most Americans don't know U.S. corporate taxes drive companies offshore to friendlier environments. We outsource jobs and wealth -- pretty stupid.XLB: Materials suffered in the sell program basket despite higher base metals prices. XLF: I don't think the new FinRegs are as friendly to banks as initially advertised by TPTB. XLY & XRT: Retail is a sector I don't get since the data driving consumer confidence and spending (employment and home prices) aren't supportive. XLI: Weak with sell programs and a slightly stronger dollar. IYR: In the volatile trading range still. IYT: Backing away from resistance with sell programs. XLV: Health care issues caught in a tight range with sell programs Thursday. IEF, TLT & TIP: Bonds just continue to defy any notion to sell them. Continue to Currency & Commodity Markets
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
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.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV