Top 3 – Now It’s Your Turn NASDAQ, Great Consumer Divide and Old Wall Street Sells Out
NASDAQ
TOP THREE VIDEO 1
Higher gas prices are separating the “haves” from the “have nots” and Tiffany & Co (TIF) jumping 15% while Costco Wholesale Corporation (COST) fell 5% is an example. Gas sensitive consumers according to Macke are Wal-Mart Stores, Inc. (WMT), Costco Wholesale Corporation (COST) and Sears Holdings Corporation (SHLD). Luxury names to own he told us were Saks Incorporated (SKS), Tiffany & Co. (TIF), Polo Ralph Lauren Corporation (RL) and Coach Inc. (COH). Bolling added Blue Nile, Inc. (NILE) and LVMH Moet Hennessy L.V (LVMUY) to the luxury list.
TOP THREE VIDEO 2
Old Wall Street
TOP THREE VIDEO 3
ASCO: The Super Bowl Of Science
The biggest event of the year for biotech and big pharma is ASCO and they have their annual meeting in Chicago kicking off on Friday. Companies will present new research. CNBC’s Mike Huckman joined the show to talk in this segment. Bristo Myers Squibb Company (BMY), GlaxoSmithKline plc (GSK), Novartis AG (NVS) and Eli Lilly and Company (LLY) all will likey have major data on cancer drugs. BMY was said to be most likely to release market moving information, with Poniard Pharmaceuticals Inc. (PARD) being a smaller name worth watching. Also among the smaller companies to watch were GPC Biotech AG (GPCB), Spectrum Pharmaceuticals (SPPI) and Pharmion Corporation (PHRM). Najarian told us that if you have a stock that is up a lot going into ASCO you should take your profit. Adami went with a takeout candidate in Biogen Idec Inc. (BIIB). Huckman talked about how Dendreon Corporation (DNDN) has been taking investors on a roller coaster ride.
ASCO VIDEO
Trade Update
Recent trades were revisited in this segment. Takeover talks caused Cleveland-Cliffs (CLF) to soar. Bolling made the recommendation on March 29 and he still called it a buy. Joining the S&P today was Precision Castparts (PCP) and it hit its 52-week high. The stock was recommended by Adami on May 9.
Face2Face
Viewers questions answered by the panel here.
Word On The Street
Today’s headlines analyzed by the shows cast.
Sector Trade
NYMEX Holdings Inc (NMX) is expanding to Dubai and to find out more on the move and oil demand NYMEX CEO James Newsome joined the show. Newsome talked about how the industry had been begging for this contract for 20 years. There has never been enough “legal or regulatory certainty” in the Middle East to set it up. He talked about the difference in crude that goes different places in the world and how we can best hedge it. The exchange business has proved to be prosperous with NMX, Chicago Mercantile Exchange Holdings Inc. (CME), NYSE Euronext (NYX) and others profiting.
SECTOR VIDEO
Final Trade
Controlling shareholders of Dow Jones & Company Inc. (DJ) the Bancroft family will consider the $5 billion takeover bid from News Corporation (NWS). Macke doesn’t see this meaning anything as the family is just throwing shareholders a bone.
FINAL VIDEO

Bullish
Global Sources (GSOL), Duke Energy (DUK), Exelon (EXC), Consolidated Edison (ED), Level 3 Communication (LVLT), Briggs & Stratton (BGG), AAR (AIR), BE Aerospace (BEAV), Dollar Tree Stores (DLTR), Bankrate (RATE), Nucor Corporation (NUE) and ValueClick (VCLK).
Bearish
Archer Daniels Midland (ADM), IDT (IDT), FactSet Research Systems (FDS) and Applebee’s (APPB).
LIGHTNING ROUND VIDEO

The key to this year’s trades is the Russell 2000. A company that is added gets more attention and promotion. Every year a rebalancing occurs due to certain stipulations the indexes have. In June of this year it will happen. Eligibility for the Russell is that a stock mush have a market capitalization of $233 million to $3 billion, trade on a major exchange and trade at more than $1, with other stipulations. June 22 the Russell will be reconstituted with the additions and deletions based on stock prices at today’s close. This segment was to predict who will join the index and the rally. Jones Soda (JSDA) was used as an example of the effects of this process. One analysts was covering the stock last year at this time, now there are five. Last year 228 stocks were added to the Russell and 111 went higher, with 98 moving lower. The stocks that moved up went much more than those that went down. The top five performers last year were: Sigma Designs Inc. (SIGM), Matrix Service Company (MTRX), Bradley Pharmaceuticals (BDY), JSDA and Advanced Magnetics (AMAG). All are up more than 100% and all in different sectors. Three stocks were named as favorites for Jim to get added. Even if the stocks are not added he likes them. Coleman Cable (CCIX) makes electrical wire and cable and is now big enough to be included in the index with only one analyst covering the stock. A company like General Cable (BGC) could also buy them. FCStone Group (FCSX) has two analysts covering it along with overseas exposure. Last was Great Lakes Dredge & Dock (GLDD). GLDD is protected by the Jones Act which prevents foreign competition in the U.S. market, plus they have a lot of foreign business.
RUSSELL VIDEO 1
RUSSELL VIDEO 2
RUSSELL VIDEO 3

Apple Inc. (AAPL) and Charter Communications Inc. (CHTR) are up 41% each since Jim recommended them. It is time to take most or all off of the table. CHTR was always more expensive than the better Comcast Corporation (CMCSA) but they were refinancing debt at better levels. Victory should be declared on the stock. AAPL on the other hand is more difficult as it needs to be traded not. Being up as much as the two are you need to not be greedy and not afraid to take some off of the table. Expectations for the iPhone have gotten too high. The product might be the next great thing but Jim pointed to when it was unveiled, the stock got hit. You were told to “schnitzel” some before buying back. With Dell Inc. (DELL) and Sears Holdings Corporation (SHLD) we were told not to sell. SHLD had a horrible quarter but Eddie Lampert should be given the benefit of a doubt. Jim is not happy about the stock but he is not worried either.
WATCH THE VIDEO HERE

A mailer was told that The Halliburton Company (HAL) is going down because the stock is levered to domestic drilling and natural gas. The stock is cheap and should be bought though on a valuation basis.
WATCH THE MAD MAIL VIDEO HERE

Headed higher is Polo Ralph Lauren Corporation (RL) according to Jim. RL is “stealing margin” from department stores with a strong brand. This was likened to the 1990s when pricing power shifted from the PC makers Dell Inc. (DELL) and Gateway, Inc. (GTW) to the makers of the insides Microsoft Corporation (MSFT) and Intel Corporation (INTC). Analysts are starting to get the shift in power. Bullish comments from TD AMERITRADE Holding Corporation (AMTD) have it looking like the individual investor is coming back to the market. The bull markets in agriculture and minerals and aerospace should continue to be played. Ciena Corporation (CIEN) and Apple Inc (AAPL) were called “needles in the tech haystack.” The Boeing Company (BA) and The Deere & Company (DE) were called the actual haystack though.
WATCH THE VIDEO HERE

Top 3 – S&P Breaks Record, Bull Market In A China Shop and Revolution Or Recyclable
S&P
TOP THREE VIDEO 1
Bull China
TOP THREE VIDEO 2
Recycle
TOP THREE VIDEO 3
Take Your Position
Wal-Mart Stores Inc. (WMT) was the topic of this segment today. Macke thinks WMT’s CEO Lee Scott needs to go. The stock has been stuck for five years and management is distracted by impending lawsuits. If there is a change at the top Macke called WMT a raging buy. Najarian agreed but he prefers Target Corporation (TGT).
Exxon Rejects Going Green
Exxon Mobil Corporation (XOM) is still talking about far reaching policies that will reduce harmful greenhouse gases but they think to do so right now is premature. CNBC’s Mary Thompson joined the show from XOM annual meeting.
EXXON VIDEO
Word On The Street
Today’s headlines analyzed by the panel.
Face2Face
Viewers questions answered here.
Final Trade
The digital trend has Macke recommending Microsoft Corporation (MSFT) and Nintendo Co., Ltd. (NTDOY). Najarian pointed us to Commerce Bancorp, Inc. (CBH). EMC Corp (EMC) was Adami’s choice. Last Bolling picked Bucyrus International (BUCY).
FINAL VIDEO

Bullish
Yamana Gold Inc. (AUY), Total System Services Inc. (TSS), Celgene Corporation (CELG), Sappi Limited (SPP), Freeport McMoRan Copper & Gold Inc. (FCX) and AB Volvo (VOLV).
Bearish
Electronic Arts Inc. (ERTS), Finisar Corporation (FNSR), ConAgra Foods Inc. (CAG), Washington Group International Inc. (WNG) and Build A Bear Workshop Inc. (BBW).
LIGHTNING ROUND VIDEO
Sudden Death
Bearish
Cepheid (CPHD), Ness Technologies Inc. (NSTC) and Charter Communications Inc. (CHTR).
SUDDEN DEATH VIDEO