Jim Cramer's Best Blogs

Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
  • sellers' reluctance on Friday,
  • an opportunity in Intel, and
  • why you need to keep an eye on the mobile Internet.
Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.
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Sellers Reluctant to Hit Bids
Posted at 3:43 p.m. EDT, Oct. 16, 2009

Can we admit that disappointments in high-profile names International Business Machines ( IBM), Bank of America ( BAC) and General Electric ( GE) did very little damage? Can we come to terms with the idea that these three companies, spanning so much of the globe and so many industries, in the end did not provoke a fall, despite how overbought the market is (the most it has been in months)?

Oh, and as much as I like Google ( GOOG), it shouldn't have been able to offset these three big companies.

Once again, the sellers were simply reluctant to hit bids. They either sat on the offered side when we had one of those mini-rallies up, or they didn't appear at all.

We just capped another amazing week, one where we should have had at least big down day.

Just didn't happen.

At the time of publication, Cramer was long Bank of America.


Amazing Opportunity in Intel
Posted at 2:57 p.m. EDT, Oct. 14, 2009

See ... see, definitive proof that Intel's ( INTC) no good: It's not up two bucks! If it were any good, it would be up two bucks. Or more! Could there be any more documentary evidence of how wrong Cramer is?

To which I say, the story isn't today's performance; in fact, the failure to run is kind of an amazing opportunity that you don't get very much in this tape. The fact that people think that Intel has run already is the opportunity that is needed to scoop some.

What could be keeping it here? Have you seen the tens of thousands of calls that are trading today? Do you have any idea of the pressure they are putting on it? I did think that it could blow through the strikes, as multiple as they are, but I am not daunted by the one-day action because the action has been so consistent intraday on good quarters.

In the old days, Intel didn't always react unless it preannounced, which is what Intel did earlier, and then it would move again when it preannounced again, and again, which is how come it has outperformed the market 11 out of 11 times that it ramped from the 50 percentages to the 63% gross-margin level.

That's right -- you read it right -- eleven out of 11 times!

So, bemoan and dismiss a day's action, but be mindful that not many theories and patterns have been right 11 out of 11 times, and then decide whether you want to bet against a reinvigorated chip powerhouse.

Random musings: Google's ( GOOG) got the same option resistance issue. The October 550s are at $8 for heaven's sake! If this stock doesn't go up tomorrow if the quarter is great, do not freak out!

At the time of publication, Cramer had no positions in the stocks mentioned.


Stay Ahead of the Curve on Mobile Internet
Posted at 8:48 a.m. EDT, Oct. 13, 2009

The release for the Cisco ( CSCO) purchase of Starent ( STAR) for $35 a share says it all: "The mobile Internet is at an inflection point as IP-enabled smartphones and other connected mobile devices gain rapid acceptance. Service providers have been actively investing in this market as global mobile data traffic is expected to more than double every year through 2013."

I think Cisco is being very conservative. I think the ramp is bigger. Moreover, I think this whole trend has been completely lost on people, just like the Web was in 1995 and the PC was in 1989.

Just like both of those, the Street was fractured and didn't view the moves as a whole.

In the early 1990s, the disk drive analysts didn't understand the revolutions in substrates and styluses that made the memory deep and expanded the value of a PC. They didn't understand the processing power of an Intel 286 chip and they didn't understand Moore's Law from the great Gordon Moore, then chairman, that made the path for the forthcoming processors so powerful. They didn't understand the spreadsheet revolution or the progress toward Windows. They didn't see that the whole world of hardware was about to be upended.

In the mid-1990s, the Web was perceived as a way to get email. We didn't understand the power of it, the replacement power of it, the tsunami value of it. Nobody really got search. They didn't get speed. We dialed up and it was farcical. We paid up for T1 lines that allowed for speed. We didn't have any vision of what could happen and how quick adoption would be.

Now we don't see the same thing happening. Apple ( AAPL) is 3% of the cell phone market. The question is how quickly it can go to 30%. Can BlackBerry (by Research In Motion ( RIMM)) stop it? Palm ( PALM)? If you are a carrier, you need Starent to handle the traffic and scale, which the carriers cannot do themselves.

When the Web took off, Cisco was duking it out with Nortel and Lucent to give carriers the infrastructure they needed for the revolution. There was a vast land grab and an actual war to handle the infrastructure needs.

This time it is just Cisco locking the carrier business up.

More important, the revolution is on and happening fast, and the analysts who are upgrading and raising Apple numbers are not looking at it (forgive me) holistically. There are combinations occurring right now -- 3G, 4G, cloud computing, Apple apps that are exploding (you have to read MainStreet to stay up with them), and we are still early with the equivalents of the search engine companies, like Inktomi of old, and drives, a la Seagate ( STX) and Connor (to really date myself). The move is on: Cash in. Cisco is. Starent is. You should, too.

Random musings: I'm taking lots of heat for picking on Meredith Whitney for her great call on Goldman, both ways. I am simply saying this: If you listened to Whitney, she repeatedly denied being bullish about the group. The Goldman move was part and parcel with the group move, even though Goldman exceeded the others. I would not feel strongly about this if Goldman were the only one that moved up. But I want to emphasize that if I had listened to Whitney, I would have shorted the group all the way up, even if some think that's a wrong way to interpret her moves. I also defer to an excellent flagship piece about the confusion that this downgrade will spread among retail investors, which I care about. ... Hats off to the Financial Times for really nailing the banking crisis with a series of trenchant interviews with top dogs both here and Europe. They're really coming on strong with the coverage. Just total top-drawer stuff.


You can learn my time-tested ways to trade smart even in this market. All my latest thinking is in my brand-new book, Getting Back to Even, which I'll send to you as part of a special promotion when you sign up for my Action Alerts PLUS service for a limited time. So if you sign up now, you'll get to see how I'm playing stocks in my portfolio today, plus, I'll teach you how you can play those stocks to help your portfolio get back to even.


At the time of publication, Cramer was long Cisco and Goldman Sachs.

Jim Cramer is co-founder and chairman of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. To order Cramer's newest book -- "Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)," click here. Click here to order "Mad Money: Watch TV, Get Rich," click here to order "Real Money: Sane Investing in an Insane World," click here to get "You Got Screwed!" and click here for Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to send comments by clicking here.

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