Caterpillar, Eaton, Parker Hannifin: Analyst’s Outlook Now

Gartman Foresees Housing Shortage

Gartman thinks that we’re building so few houses right now (400,000 new units in a year) that “we’re going to have a shortage of housing in the not too distance future and I want to own the things that go into building.”

Home Price Index Declines in Jan 09

The S&P Case Shiller home price index for January shows home prices dropping by the sharpest annual rate on record, says David Blitzer, S&P 500 Index Committee managing director/chairman.

Cramer – Disagrees with Buffet’s New Stake

Please upgrade your browser

Cramer says don’t follow Buffett based on Buffet’s new holdings:
-Slashed its holdings in Johnson and Johnson [JNJ] to just 28.6 million shares as of December 31
-Smaller cuts in ConocoPhillips [COP], CarMax [KMX], US Bancorp [USB], Buffett wasn’t just selling in the fourth quarter. Berkshire increased these holdings:
-Increased holdings in NRG [...]

Cramer – Pair Trade

Jim Cramer tells you how to make money off of Masco’s horrible quarter and Diageo’s rough guidance.