Stay Mad For Life Portfolio

A member writes in to request a technical review of Jim Cramer's Stay Mad For Life Portfolio. Specially, this member asked me to review each stock from a bullish perspective as if I already recently purchased it. As I understand it, these are 20 stocks Jim Cramer loves for the long-term investor.

The 20 stocks are: Boeing (BA), Caterpillar (CAT), ConocoPhillips (COP), Cvs Caremark (CVS), Freeport Mcmoran (FCX), Corning (GLW), Google (GOOG), Goldman Sachs (GS), Hologic (HOLX), Hewlett-Packard (HPQ), International Game Technology (IGT), Inverness Medical (IMA), Mcdonalds (MCD), Nyse Euronext (NYX), Pepsico (PEP), Procter & Gamble (PG), Transocean (RIG), Sears Holding (SHLD), Union Pacific (UNP), and Xto Energy (XTO).

If you take the book's publication date of December 4th to start the performance tracking, the Stay Mad For Life Portfolio is currently down -5.81% (6 gainers & 14 losers). In comparison, the S&P 500 is down -7.5% for the same period. Year-to-date, the portfolio is down -7.4% in comparison to the -7.85% in the S&P 500. This is not a bad start for Jim's portfolio in what has been a challenging market.

Here are my technical thoughts on the first 5 of the 20 stay mad for life stocks from the perspective of someone who recently purchased each stock and desires to hedge against further deterioration in the equity market.....[READ]