Cramer's Stop Trading! Three Market Tells (4/20/09)

by: Miriam Metzinger

Stocks discussed Jim Cramer's Stop Trading! TV Program, Monday April 20.

Research in Motion (RIMM), Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), Darden (NYSE:DRI), Panera (NASDAQ:PNRA), Burger King (BKC), Eaton (NYSE:ETN),

Cramer said the semiconductor sector, Apple and Research in Motion "are the only things you really need on your screen to know when the sell-off’s over.” Big money will start piling into RIMM, Apple and Google which will bottom before reaching $350. The PHLX Semiconductor Index is down 4.5%, close to its buying range at a 5-7% decline.

Cramer took issue with a Wall Street Journal article that put Darden Foods, which reached its 52-week high and Panera Bread in the same category as Burger King, which has been struggling; “The restaurant group has been the leader in this market,” Cramer said,

The reason for Eaton's decline is that it has been too bullish, said Cramer. The stock was down 10% on Monday.


Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or