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


"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



click here

for a free trial.

Big Upside in Insurers

By Doug Kass
06/19/09 6:36 a.m.

Deutsche Bank is out with a report on


(HIG) - Get Report

stating that the shares could double in the next year. From my perch, the entire specialty/life finance sector holds huge upside based on a return to economic/credit stability. As I have recently written, Hartford,


(PRU) - Get Report



(MET) - Get Report


Lincoln National

(LNC) - Get Report

, etc. represent my largest sector exposure in my hedge funds.


General Electric: Prospects Growing Dimmer

By Alan Farley
06/19/09 7:48 a.m.

General Electric

(GE) - Get Report

bottomed out at $5.73 in March, after posting the highest-volume session in its long history. The subsequent bounce lifted above the 50-day EMA but failed to reach the 200-day EMA, which made it a major underperformer during the four-month rally. The stock then ground out a symmetrical triangle near $14 and broke down this week, on increased volume. The selloff carried through the 50-day EMA, with price turning the corner on Thursday and posting a bull hammer reversal.

This downdraft likely marks the first stage in a continued decline that will eventually test the bear market low. There are a number of support levels going down, so the test might last into the late summer or early fall. In the meantime, this stock looks like a bad choice for investors and a great opportunity for short-sellers.


By Jim Cramer
06/19/09 12:50 p.m.

How hated is


(T) - Get Report

that even


(AAPL) - Get Report

can't move the needle? Didn't participate in the utility rally, despite the high yield! Disliked so much! I think a dividend boost is coming. I would hate to sell this one down here.

No positions

Citi and Bove

By Tim Melvin
06/19/09 12:53

The call to buy


(C) - Get Report

this morning by Dick Bove is going to go down right next to his suggestion that Lehman was a takeover target last August. Citi is nothing more, in my opinion, that a pile of toxic assets that will eventually need more capital to survive. The only asset it has is its once-proud name, and that becomes more tarnished daily. They are the poster child for the credit crisis.

I can accept

JPMorgan Chase

(JPM) - Get Report

as a buy or trading suggestion. I think it is rich here but there is no denying that Jamie Dimon has done it right since this mess began. How on earth you can form a rational at current level of new positions in most of these banks is beyond me.

No positions

Bond ETFs Mixed

By Tom Graff
06/19/09 1:08 p.m.


iShares iBoxx $ Invest Grade Corporate Bond

(LQD) - Get Report

, which tracks investment grade bonds, is solidly higher today, up 0.8%. It's outperforming Treasuries, which are up about 0.25%.


iShares iBoxx $ High Yield Corporate Bond

(HYG) - Get Report


SPDR Barclays Capital High Yield Bond

(JNK) - Get Report

, the largest high-yield ETFs, are flat. Both were up sharply yesterday despite their NAV prices falling slightly.

Positions: Long LQD, HYG

For free trial to

Real Money

, where you can get updated trading and investment ideas throughout the course of the day, please click on the tile below.

Image placeholder title

This article was written by a staff member of