Cramer points out that it is time to get long stocks…here is his piece from RealMoney:
OK, this is really important, one of my most beloved indicators, the bull-bear ratio, has hit a level that simply means you cannot have a big hit to this market, and that level is the 36% bull level. I know […]
Buffett’s offer to back Municipal Bonds sent the stock market soaring on hopes that there would be help on potential claim increases. Buffett’s reinsurance offer does not cover any of the subprime mortgage debt and subprime is still likely to have a major effect for the bond insurers. With the huge potential increase […]
A source close to Yahoo says that the Board will reject Microsoft’s $44.6 billion takeover bid after concluding that the unsolicited offer undervalues the Internet giant. Microsoft still could try to override Yahoo’s board by taking its offer directly to the shareholders. With Google gaining market share there should be more to this […]
Disney is up strong after reporting a better than expected revenue number. Revenues for the theme parks, TV and product division were up 9 percent for the quarter, sending the stock up over 5% in premarket activity. This stock is one of Cramer’s picks from his new book. It might be worth […]
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Microsoft has jumped all over the slumping Internet giant Yahoo with an unsolicited takeover offer of $44.6 billion. This represents an offer of $31 a share compared with Thursday closing price of $19. This is Microsoft’s boldest challenge to take a piece of Google’s dominance in the lucrative online search and advertising market.
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