Bullish
Visa (V), Pepsico (PEP), Home Depot (HD), Lockheed Martin (LMT) and Walt Disney (DIS). Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

“Kraft Foods (KFT) is one of the most miserable performers in the food group,” Cramer said on Tuesday’s Stop Trading! segment. He told viewers that Kraft management shouldn’t expect a bonus this year, but that is exactly what has happened. According to the AP, Kraft Food’s Chairman and CEO Irene Rosenfeild collected $17 million in total compensation in 2008, which is an increase of 38% from 2007. Cramer was appalled and said Rosenfeild didn’t bring in nothing for the company and the stock was abysmal. “These people are not aligned with their shareholders. These people are way overpaid for what they do,” he said. Join the fastest growing community of small cap investors at Stockhideout.com

Word On The Street
The stock market dropped big on Monday after the U.S. government decided to fire the CEO at the helm of General Motors (GM). The Dow Jones Industrial Average fell 254.16 points, or 3.27%, to 7,5022.02, while the S&P 500 slipped 28.41 points, or 3.48%, to 787.53. The Nasdaq tanked 43.40 points, or 2.81%, to 1,501.80. CNBC’s “Fast Money” TV show was hosted by Melissa Lee. Guy Adami said the market, from a technical perspective, is in no man’s land right now. He thinks the S&P 500 is heading back to 741, and if it holds it will rip back up to 900. Karen Finerman said the market had a big run and it was looking for an excuse to sell. She also questioned a research report out of Goldman Sachs Group (GS) that said the S&P 500 will trade in the range of 700 to 800 for the rest of the year. Pete Najarian told viewers that the rise in the volatility index is about uncertainty. He said nobody is sure of the really or the sell-off.
Financial Talk
Lee asked the traders to comment on the decision on Thursday by the Financial Accounting Standards Board to change the mark-to-market accounting rules. Finerman said the decision was huge due to the size of mark-to-market portfolios at the banks. She explained now the banks can get some relief that will help their capital. Brad Hintz, a brokerage analyst at Sanford Bernstein, said the changes will reduce the risk of surprise losses for the banks and allow them to keep their assets. Najarian said if you want a trade idea in the space look at Northern Trust (NTRS) and Visa (V). He also told viewers to watch Wells Fargo (WFC). He noticed some huge put buying in the stock with over 100,000 April 11 puts trading hands. Adami reminded investors that Warren Buffett has a big position in WFC.
Steel Trade
Lee mentioned that U.S. Steel (X) lost 12% after a UBS report said steel was down 50% in 2009 and they think more pricing pressure is head into 2010. Najarian said watch Freeport McMoRan (FCX), because if copper goes up so will the stock. Tim Seymour thinks FCX can pullback to $36 a share. He also said that Steel companies have a lot of debt on their books. Adami likes Nocor (NUE).
Transport Trade
Lee mentioned that Goldman Sachs upgraded Burlington Northern (BNI) to buy from neutral and downgraded Union Pacific (UNP) to neutral from buy. Najarian mentioned that Buffett is long BNI.
Pharma Trade
The traders discussed some trades in the pharma sector. Najarian said he is keeping an eye on Amylin (AMLN) for a takeover play. He also is watching Humana (HUM) because of heavy call buying. Adami likes Abbott Labs (ABT) in the sector.
Oil Take
Joe Terranova joined the crew to discuss the drop in oil today. Terranova said the reflation trade is going to give investors opportunities to  buy some attracitve companies like Flowserve (FLS), Exxon Mobil (XOM) and ConocoPhillips (COP). Seymour likes Tenaris (TS) in the space.
Chartology With John Roque
The traders spoke with John Roque, a technical analyst for Natixis Bleichroeder about how the charts look for the U.S. equity markets. Roque said the pattern in the S&P suggests it has further to fall, but he doesn’t think it will retest bear market lows. He explained that all of the major averages are suspect because the 50-day and 200-day moving averages are trending downward. He said if you want to find the next leaders of any rally look at the energy and consumer discretionary sectors.
POPS&DROPS
POPS- Amazon (AMZN) rose 2% off a positive Barron’s article. Najarian had bullish comments for the future of e-tailing. Fifth Third Bancorp (FITB) jumped 5%. Netflix (NFLX) soared 6%.
Drops- Alcoa (AA) plunged 14%. Seymour said the dollar’s move to the upside is pressuring commodities. BB&T (BBT) lost 8% after Stifel Nicolaus downgraded the stock to sell from hold. Finerman said BBT will need more loan loss provisions. CBS (CBS) tanked 18% after UBS downgraded the stock to sell from neutral. Adami thinks the stock could fall more. DryShips (DRYS) traded off 16% after auditors said the company could have problems meeting debt covenants. Seymour told viewers DRYS will follow commodities. Manitowoc (MTW) plunged 33% after first-quarter earnings missed Wall Street estimates. Najarian said not good. Dow Jones US Real Estate ETF (IYR) fell 5%. Najarian said there is more downside in commercial real estate to come. Ameriprise Financial (AMP) lost 9% after Fitch downgraded the company to negative from stable due to equity exposure.
Rising Stock Star – Axsys
During the rising stock star segment, Finerman made bullish comments on Axsys Technologies (AXYS), a firm that makes night vision lenses, thermal imaging systems and water telescopes. “It’s not expensive on a P/E basis. They have a great balance sheet and have been growing revenue nicely,” said Finerman. She also thinks the company is a takeover target.
Final Trade
Adami picked long Abbott Labs (ABT). Finerman likes long Axsys (AXYS). Najarian said buy iShares NASDAQ Biotechnology Index (IBB). Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Jim Cramer said on his “Mad Money” TV show Monday that he’s struggling to figure out exactly what changed over the weekend to cause today’s big market drop. Cramer explained that none of today’s bad news should have tanked the markets. It shouldn’t have been a surprise that banks need more money, or that General Motors (GM) CEO Rick Wagoner is being fired by the government, or that oil dropped $4. The only real problem Cramer saw was the news out of Lincoln National (LNC), which withdrew its application for federal help. Cramer thinks the company needs the help and the news took  down Hartford Financial (HIG) and MetLife (MET) and the rest of the insurance complex. Cramer said the markets could come in another 3% to 5% before the bulls comeback. Even if the market pulled in 10% he still thinks it would be a great time to  buy.  He told viewers they should use the weakness to buy and he doesn’t see the Dow dipping below 7,000 or the S&P 500 below 750. The biggest risk right now is missing the rally, he said. Cramer mentioned the big money managers don’t want to miss the next rally and things just aren’t that bad. “If we don’t move our money from the sidelines, we risk getting run over by the bulls,” he stated. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Cramer spoke with Dennis Nixon, president, chairman and CEO of International Bancshares (IBOC), which trades at half its book value and pays out a 9% dividend yield. International Bancshares mostly originates loans it passes through to Fannie Mae (FNM) and Freddie Mac (FRE). Nixon said IBOC took TARP money from the government during the second round of the program, because it seemed like a good deal at the time. However, now Nixon is worried his company will be cast in a negative light in Congress for taking the money. He said IBC would rather stop participating in the TARP than be forced to drop its dividend. Nixon told viewers that IBOC is committed to credit quality and the firm is starting to see some firming in the softest areas of the housing market. Cramer said he likes what Nixon said, but bank stocks are risky and investors will have to decide for themselves. Join the fastest growing community of small cap investors at Stockhideout.com

Jim Cramer is not in the camp of market followers who think we are heading towards another Great Depression. Cramer mentioned that a selloff like we had today was normal after such a huge run in the markets over the last two weeks. He said anyone who compares today’s markets to the Great Depression is plain wrong. His first point was explaining that Obama is not Herbert Hoover. Obama, unlike Hoover, is focused on spending money to get the economy going. Hoover raised taxes, focused on balancing the budget and reined in spending. Obama is attempting to bring the economy out of recession through deficit spending and lowered interest rates. Cramer told viewers the Federal Reserve is doing the exact opposite of what it did in 1932. Ben Bernanke is a student of the Great Depression and Cramer doesn’t think he will make the same mistakes that the Fed made in the past. Bernanke is cutting rates to flood the system with money, while the Fed during 1929 raised rates. Also, in 1932 there were wholesale bank failures where people lost everything, while now we have the FDIC insuring bank deposits. Also, social programs like Social Security, Medicare, Medicaid and unemployment insurance are all there to help the less fortunate in ways that weren’t around 80 years ago. Not to mention the possible return of the uptick rule and safeguards against naked shorting should help to bring back investor confidence. “There is little chance of repeating 1932. The world is different,” Cramer said. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

A viewer wrote, “I’m worried about gold right now. From a historical standpoint, the last time gold was this high was in the 1980s. After that, it retreated and underperformed for nearly 20 years. Also, when it retreats, it seems to move at warp speed! When the economy recovers, do we chuck them or hold for the inflation hedge?” Cramer said gold should be a part of everyone portfolio in some for or another. He said he still favors Agnico-Eagle Mines (AEM), Eldorado Gold (EGO) and SPDR Gold Shares (GLD) below $90 per share. Join the fastest growing community of small cap investors at Stockhideout.com

Bullish
Lululemon Athletica (LULU), KBR Inc (KBR), Altria (MO), Copart (CPRT) and Monster Worldwide (MWW).
Bearish
Cemex (CX), Philip Morris International (PM), Arch Coal (ACI), Ritchie Bros. Auctioneers (RBA), Breitburn Energy Partners (BBEP), MEMC Electronics (WFR), AutoNation (AN) and Comcast (CMCSA). Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

“General Motors (GM) common stock is probably not worth anything,” Jim Cramer said on Monday’s “Stop Trading!” show. Cramer explained that Rick Wagoner’s mission was to keep the common stock afloat, and now that he’s gone that is a problem. Cramer mentioned he struggles with saying the stock is worthless on air because speculators who think it goes to $3 will criticize him for getting them out of the stock. Cramer called GM stock a nice lottery ticket. “Maybe somebody feels that the common stock prevails and it goes to the unions not the banks.” Cramer doesn’t think that will happen, but he isn’t going to discourage people from speculating on it, because that’s part of what they do. Join the fastest growing community of small cap investors at Stockhideout.com