Wall Street Addict

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Tiffany's (NYSE:TIF - News) sank 9.8% after reporting a decline in same-store U.S. holiday sales. TIF's PowerRating (for Traders) is 6.
McDonald's (NYSE:MCD - News) fell over 6% today, on an overwhelmingly negative Dow Composite atmosphere. MCD's PowerRating (for Traders) is 6.
AllianceBernstein (NYSE:AB - News) fell 7.7% on Friday after cutting its 2007 EPS forecast by 30 cents. AB's PowerRating (for Traders) is 5.
American Express (NYSE:AXP - News) slumped 10.1% today, after the company announced it would take a $440 million charge in Q4. AXP's PowerRating (for Traders) is 6.
FCStone (NasdaqGS:FCSX - News) reports earnings on Monday before the market opens; look for $0.33 EPS. FCSX's PowerRating (for Traders) is 6.
M&T Bank (NYSE:MTB - News) announces quarterly results Monday morning, with traders expecting $1.63 EPS. MTB's PowerRating (for Traders) is 5.
Genentech (NYSE:DNA - News) is expected to report $0.67 EPS after the market closes on Monday. DNA's PowerRating (for Traders) is 3.

Labels: AB, AXP, DNA, FCSX, MCD, MTB, Stocks to Watch, TIF

Victors: Apple (AAPL) crushed Wall Street estimates by reporting a 67% jump in profits. Najarian says it's an amazing number and everything is working. He owns the stock and continues to stay long. American Express (AXP) beats expectations and trades higher after hours. Merck (MRK) reports a 62% jump in third quarter profits and the stock trades higher. Macke continues to be bullish on Merck. Adami suggests looking at Pfizer (PFE) on a valuation basis.Homebuilding stocks were strong on Monday with the Homebuilders ETF (XHB) trading up 3%. Finerman mentions that a private equity group Hellman & Friedman bought Goodman Global (GGL) for $2.65 billion and tells viewers to trade off that news by going long MDC Holdings (MDC).
Victims: Texas Instruments (TXN) shares dip on the chip maker's outlook that was below Wall Street estimates. Najarian hinted that Texas Instruments isn't managed as well as Apple (AAPL) and he would rather own Apple. Adami counsels investors to buy Intel (INTC) off the TXN numbers. Alos, crude oil and gold both fell 1% Monday as the dollar gains strength.
Merrill Lynch (MER) is set to report earnings on Wednesday. CNBC's Charlie Gasparino discussed his take on Merrill. Insiders at Merrill tell him that some are calling for CEO Stan O'Neal's head. Even outside shareholders want him out. Macke tells investors not to bother buying this stock. Gasparino is now giving O'Neal 8-to-1 odds of being removed as CEO.
SanDisk Corporation (SNDK) co-founder, president and COO Sanjay Mehrotra joined the shpw to discuss his firm's prospects. Mehrotra says demand remains strong especially for the mobile phone segment of the business. He sees continued growth for SanDisk in 2008 and higher profitability.
OIL: Higher oil prices may actually cause BP (BP) and Exxon (XOM) to report a decline in profit for the first time in 5 years. Finerman wants to short tanker stocks like Teekay (TK) because of declining tanker rates.
Retail: Amazon.com (AMZN) is set to report earnings Tuesday after the bell. Macke loves the stock and thinks they will blow out the earnings. Finerman prefers Target (TGT) and Wal-Mart (WMT) and she hopes they trade lower so that she can buy more for her hedge fund. Adami is partial to United Parcel Services (UPS)
Pops & Drops
Pops- Altria (MO) trades up 1% after a UBS upgrade. Finerman is bullish on Altria.
Kimberly Clark (KMB) trades up 5% after posting strong profit numbers.
ExpressJet Holdings (XJT) trades up 16% after the firm announced possible plans of going private.
Sears Holdings (SHLD) popped 4% after a positive mention in Barron's. Finerman would rather be long Target (TGT).
Royal Caribbean Cruises (RCL) traded up 8% after reporting strong profits. The stock is working for Macke.
Radiation Therapy Service exploded higher by 44% after Vestar Capital Partners took the company private.
Lululemon Athletica (LULU) traded up 5% after the firm raised third-quarter estimates and Adami would buy it.
Final Trade
Macke counsels investors to buy Short Dow30 ProShares (DOG).
Adami likes Intel (INTC).
Finerman recommends Covidien (COV).
Najarian offers up Yahoo! (YHOO) for a play on Alibaba.

Labels: AAPL, AMZN, AXP, CNBC, fast money, Fast Money Recap, GGL, INTC, MDC, MER, MRK, PFE, SNDK, TXN, XHB, XOM

Shares of companies that issue consumer credit cards jumped in afternoon trading Tuesday after the Federal Reserve said it would cut its federal funds rate for the first time in four years.
The U.S. central bank cut the rate by a half-point, to 4.75 percent.
A change in the funds rate, which was at 5.25 percent, will be reflected immediately in commercial banks' prime lending rate, the benchmark for millions of consumer and business loans. The prime rate was at 8.25 percent.
Also boosting stocks in the sector was an announcement from American Express Co. that it would sell its international banking subsidiary for nearly $1.1 billion so it can focus on its core business of credit cards.
And Capital One Financial Corp. said late Monday in a regulatory filing that it expects loans and deposits to grow by the "low to mid-single digit" range in 2008, news which had boosted shares throughout the day.
Here's how the major credit card companies were trading following the Fed decision:
American Express Co., up $3, or 5.1 percent, to $61.14.
Mastercard Inc., up $9.20, or 6.7 percent, to $145.97.
Capital One, up $3.50, or 5.3 percent, to $68.72.
Discover Financial Services, up $1.51, or 7 percent, to $22.78.
Published by AP

Labels: AXP, COF, Credit Cards, DFS, Federal Reserve, Hot Stocks, MA

Wall Street pulled back sharply in early trading Tuesday following several disappointing earnings reports and amid renewed concerns about the mortgage lending market. The Dow Jones industrials lost more than 100 points.
Among the many earnings reported before the opening bell, chemical maker DuPont Co. reported flat second-quarter profit as higher sales offset the cost of energy and research. American Express Co. reported late Monday that quarterly profit climbed 12 percent on record card member spending. However, the nation's third-largest credit card brand said cardholders are also shirking more payments.
Both companies are Dow components. In early trading, the Dow fell 101.20, or 0.73 percent, to 13,842.22.
Broader stock indicators declined. The Standard & Poor's 500 index shed 12.26, or 0.80 percent, to 1,529.31. The Nasdaq composite index lost 21.06, or 0.78 percent, trading at 2,669.52.
Bonds rose, with the yield on the benchmark 10-year Treasury note down to 4.94 Tuesday from 4.96 percent late Monday. The dollar traded mixed against other major currencies, while gold prices climbed.

Labels: AXP, CFC, DD, DJ, MCD, NFLX, NWS, TXN

Stock prices appeared headed to a lower opening Tuesday as investors digested a number of key earnings reports including disappointing results from DuPont Co. and Texas Instruments Inc.
Stock prices had rebounded on Monday amid another round of buyout news, and optimism about second-quarter results after Merck & Co. surpassed analysts' expectations. Dozens of companies in the Standard & Poor's 500 index are set to report on Tuesday.
There will be little in the way of economic news, and some investors might position themselves ahead of key housing data to be released Wednesday when the National Association of Realtors reports on existing home sales for June.
Dow futures expiring in September fell 53, or 0.38 percent, to 13,958, while Standard & Poor's 500 index futures shed 4.30, or 0.28 percent, to 1,544.70. Nasdaq 100 index futures dropped 9.00, or 0.44 percent, to 2,044.50.

Labels: AXP, CFC, DD, DJ, MCD, MRK, NFLX, NWS, TXN