CNBC - Cramer's Mad Money
- Thread starter LaSalle
- Start date
Everytime Cramer sits on his toilet, plumbing equipment stocks take a dump 
Quote from LaSalle:
http://www.cxoadvisory.com/blog/
{SNIP}
Amplifying the second bullet point above, we recently sampled a Mad Money show on which Mr. Cramer questioned via audio link Mike Farrell, Chairman, CEO and President of Annaly Mortgage Management (NLY) about the company's recent decline in earnings and cut in dividend. The flattened yield curve is an obvious indicator of continued troubles for this unhedged carry-trade investor in conventional mortgage loans. However, Mr. Cramer did not mount a serious challenge to Mr. Farrell's forceful but oblique defense of Annaly. Instead, he reiterated a buy recommendation.
For similar summaries of the commentaries of other market pundits and gurus, browse Reviews of Web Sites and Market Commentators.
RE: NLY-before Cramer got his own show, I saw him interview Farrell a couple of times (I think they are buddies or maybe neighbors) and Cramer asked Farrell if rising interest rates would hurt earnings and Farrell responded to the effect that contrary to popular belief rising rates would not hurt them. Wonder when the lawsuits will begin?
DS
The quoted blogster says: "The flattened yield curve is an obvious indicator of continued troubles for this unhedged carry-trade investor in conventional mortgage loans." However, the yield curve has nothing to do with it. It's the prepayment of mortgages that causes the problem. Annaly is the sharpest mortgage reit around. In any event, with a yield of 12%, Cramer just might be right.
WTF? Cramer has been touting GOOG for the longest time and, arguably, the most important data set in a quarter arrives and he won't touch it with a 10-foot pole.
Watching him smash the phone against the desk in response to GOOG's conference call -- as a facsimile of "what he would do at his hedge fund" --was hilarious.
He was visibly upset that GOOG executives, on the CC, were being realistic about future growth rates. He wouldnât touch GOOGâs numbers because he had no way to positively spin the âseasonalityâ excuse, proffered by GOOG management, for diminishing rates of growth.
Watching him smash the phone against the desk in response to GOOG's conference call -- as a facsimile of "what he would do at his hedge fund" --was hilarious.
He was visibly upset that GOOG executives, on the CC, were being realistic about future growth rates. He wouldnât touch GOOGâs numbers because he had no way to positively spin the âseasonalityâ excuse, proffered by GOOG management, for diminishing rates of growth.
This was from Mad Money on friday......
Early Pick Of The Week
Cramer decided to give out an early pick of the week for next week. He stated to own Motorola (MOT) before next week.
Then I pick up Barron's on saturday morning and this is the front page headline......
MOTOROLA BOUNCES BACK---It's phones are getting thinner and it's profits fatter. Why the stock could ring up further gains.
Anyone else think this is a little shady? Anybody in the business would give their left nut to know what was going to be in Barron's before the market closes on friday's. Does Cramer have an "in" at Barron's?