today, good numbers. >> karen >> i don't love to buy things that are up, however, the iwm, coming off a multi-year low, if you take out the pandemic, so, i like it right here >> all right, thank you for watching "fast money." i'll see you tomorrow orn "squawk box," as well. "mad money" with jim cramer starts right now. money. i'll see on on "squawk box" as well mad money with jim cramer starts right now. my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. i'm just trying to make you a little money my job not just entertain but put it in context. call me or tweet me at jim cramer ladies and gentlemen, please put your tray tables up and seat

backs in their up right positions. we landing on wall street. we hope you enjoy your ride on pow airlines and we hope you'll travel with us again yep, fed chief jay powell has engineered the soft landing. without crashing theeconomy straight into the ground they didn't even need to phone the runway in fact, i think most people won't even notice, with nobody thinking about how hard it was for the pilot to pull off such a smooth, soft landing maybe they'll thank him, probably won't but that's the reason the market rallied today, dow gaining 500 points, s&p surging 1% nasdaq soaring 2.4%. this morning at 8:30 a.m. we got consumer price index data that we have at long last left skyrocketing prices behind us.

something very smart people especially many a critical billionaire repeatedly told us on-air was impossible. of course some of these same people who said the fed couldn't engineer a soft landing and trying to crash the economy, new guessing game the fed needs to go so low and start cutting interest rates as someone who back-pedaled powell to the hill even in the dark inflation days when so many gave up on him and so many watchers of this show know this about me, i'm not going to start playing that stupid game the inflation environment seems to be behind us, that predicate by inventories and declining interest rates resemble that stock, and some people thought it was just an okay quarter. remember we judge stocks by the future, not the past and home depot's future is a lot brighter in a world without inflation and with lower mortgage rates, which is the

world we have. now, the consumer price index itself isn't up two set of numbers. the month over month number numbers showed inflation core inflation excluding food and energy arguably the best way to look at it was up 4% year over year. but if you looked at the five months ending in october, core inflation was at a 2.8% and that's pretty close to the fed's 2% target. and i think it's only going to get better now, there's still some problematic lines. i don't like rent, but many others like used cars are plummeting but you always need to look at these things as a continuum, the continuum shows inflation is going in the right direction hins the cockamamie calls for the fed to cut interest rates. people figure powell will have to follow the yield curve and cut once long rates go too low

i think it's ridiculous. powell doesn't need to know anything he's known the whole darn time he just doesn't beat his chest and tell you how great he is nor did he throw his helmet down when things were bad or rub his victory in your face when things were good. you don't see him making any of those feed me gestures i spent noon today prepping for an investment club noon tomorrow and as crazy as it seems we have vetoed this market, something to share with you, and that's what we've got october 27th if you go back in time to what we told you october 26th we said things have gotten so ugly, we're approaching what i call a whoosh bottom where everyone who wanted to get out had already gotten out and there was nobody left to sell this is called a crescendo, okay a crescendo selling. we said that on-air that the best way to play the crescendos

were microsoft, meta, p&g, and not bad and also buying nvidia and adobe and boeing simply the s&p oscillator which shows you when buyers and sellers are overdoing it there's equilibrium and tells you virtually nothing. when it's plus 5 that means the market is overbought as it is now and below minus 5 the market is oversold, which is exactly where it was and we had to stop selling and start buying aggressively the crescendo was upon us. on october 25th the oscillator gave you a reading of minus 6.8. minus 5.89 and that was all she wrote. that was the sign that people were continuing to sell stocks too aggressively, and you could expect that whoosh higher when they were finished

and this is what a whoosh looks like crescendo sale, whoosh bottom, boom now, we used to call days like today frontsy, backsy days because the market rewards the stocks that had the most viciously slugged on the way down which seemed like a play on solar power but turned out to be a play on borrowing money for solar power installations. up more than 60% same goes for some of the real estate trusts been crushed by our rates. they've turned around, too but the real winners, the home builders d.r. horton, home builders, tols they have been crushed by much higher mortgage rates than we expect with rates coming down, it looks better for them. we saw something similar many years down the road. future dollars will have more purchasing power so soft cp readings instantly make this

whole cohort much more valuable. my feeling is that the market can continue to go higher. but, look, come on the easy money always gets made when you keep your head and everyone else is losing theirs and that's what happened in the whoosh we're no longer in a situation where everybody's panicking. no one can imagine a brighter futurech so pick your spots, look for attenuted situations like a company that might benefit from a weaker dollar which suddenly is weaker, by the way, or a possible sudden visit from china now that cxi is visiting san francisco don't this can you can get in on the actual planes landing. when so many investors decided it would crash, so they jumped off without a parachute. that was the crescendo and now even as i like the market, i can't tell you to hop on until we have a couple of down days and a lot more

negativity and disbelief than we currently have judy in washington judy >> jim, you're so awesome, and just had to join the club today and thank you, thank you, thank you. >> you're very kind, judy. thank you. i'm glad you joined. i know we've got a special -- we've got like a special thing going. looks good to me what's up? >> so my question is about they had a great quarter but it's been selling off do you think that its reputation "the bachelor" blemished by the short seller's report. would you add or sell at this point? >> i like the stock. i'll tell you why i like it. i think that we have the whole way, he has been spot on he's taken share and taken names. and these short sellers want it lower but they're going to have to deal with the fundamentals, and the fundamentals are darn good thank you for joining the show big meeting tomorrow 12:00 you'll like it bobby in louisiana bobby? >> what's up, jim?

>> what's happening? >> that's a loose translation for booya. >> it came from booya, it came from new orleans when my daughter was at school >> you often say tling profits i want to trade my positions at coke cell cola at a profit and increase my profit in -- my main belief is reality income stock is going to outpace the coca-cola stock. what's your opinion on that move >> i like your call. i like that monthly dividend reality income gives you i think you have gained and thank you for joining the show how about dan in california? dan? >> hello, mr. cramer thank you very much for taking my call. >> of course >> i have a question -- well, it's two questions on the same

stock. one, is celsius is a stock and i've noticed in the morning that thing dropped like a rock today and yesterday, and yet the market's up 500 points and my second question is would you recommend buying it at this point? >> okay, so here's the problem there are some numbers that came out that shows there's even though it's unbelievable more than 100% gain, it's actually a deceleration from the previous quarter and that's what people are shooting at. there's a gigantic short business on this thing i think pepsico made a good acswusition, but the shorts are pressing this thing down and i don't like battlegrounds even though i believe celsius wins and even as i like the market, i can't tell you to hop on after this gigantic day without a lot of negativity and disbelief. that's what caused the bottom, the whoosh bottom. and we saw a crescendo of selling and that's chaos "over according to the cdc over 37 million americans are living

with diabetes, and with today being world diabetes day i'm here with treatment leader dexcom, what the company is doing to raise awareness and help patients. and then two consumer health stocks on the street but which of them do i think is right for you? i'm comparing them head to head. and some investors are chosen tesla to invest. i spotted one under the radar that i think will offer very interesting solutions. don't miss my exclusive with the ceo of bara mobility so stay with cramer. >> don't miss a second of quat mad money. have a question tweet cramer #madmentions send jim an e-mail to cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.

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over the past few months every stock led to diabetes has been obliterated thanks to these revolutionary drugs for type 2 diabetes taks dexcom which makes continuous blood sugar monitors. tumbled from $100 down to 75 there is and change last month then this week the company reported a fabulous quarter. how do we weigh the worries for tremendous quarters these guys are putting up, and how are they putting up great numbers and long time guest in the show and ceo of dexcom. welcome back to "mad money." before we get started today is world diabetes day, and i want

you to tell people how many people have the disease and more important how many people may have it and don't even know they have it? >> the number is stagger 1 in 10 people has diabetes around the world and many people have prediabetes or end up with type 2 diabetes and have no clue how it's progressing in their system, and it truly is one of the health care epidemics in the world right now. and the cost of it all when you get into the all the complications that follow with all these undiagnosed years and untreated years are also staggering it's a huge problem. >> so what's dexcom doing to make things better >> we've done a lot of things to make the world better. i think continuouse glucose monitoring is the biggest innovation in modern technology in a long time you see people now who couldn't control their blood sugars now know exactly what's going on what has happened with us, jim, as we've been in new york on this trip every place we go we run into someone who either has a dexcom or has a relative who

has a dexcom people on insulin in particular a lifesaving and life threatening drug now know how to take it and imagine how it affects them it's made everybody healthier and safer. and interestingly enough i met some women who were in their 80s who were the first dexcom censors back in the day. and i heard their stories and gave me chills >> even since i first started interviewing your company and then you, i was going from something that seemed like i don't know i really want that to being something that's so small and i can use my iphone. i see people do not -- with no awareness they might be on dexcom >> no one knows. it is completely in fact -- for world diabetes day we had our dexcom warriors today ring the nasdaq bell. and i always ask customers what we can do better and she said you've made it too small.

>> we thought the gop was overstated initially and then it kept going, going, going i started thinking wait a second the gop ones and dexcom will be powerful partners tuesday ensure my health was good >> very powerful partners. in fact, as we dug into this data the people who go on diabetes who use gop 1, if they use a dexcom sensor the outcome is much better it tells them what they're doing. >> what about people who say, listen, diabetes is going to be gone because of gopone >> diabetes isn't going to be gone we announced in june we were going to file a product for noninsulin users, we're on trial to scale that. we're talking about gop one users, type 2 diabetes, somebody who wants a view into their health and what happens to their

glucose based on their lifestyle. i've shown you my sensor graphs over the years >> i know. and you've always been tell me this is a way for patients to take control of their lives. there was an article in the journal yesterday analysts no longer say congratulations ten congratulations -- you had ten on the call. what really stood out in their minds that they all felt like they had to kraeg you? >> look, 26% revenue growth. gaining market share in the u.s. and all the international markets. record profits we announced and we talked about since our g7 launch in the u.s. we have 18,000 preprescribers who had not previously prescribed to dexcom >> i did not know about basil. tell people because turns out there's another disease so many people have that can benefit from you >> absolutely. as type 2 diabetes progresses,

one of the treatments is where you take one shot a day. cms cleared the way for basil insulin patients that showed how strong cgm helps these people get their a1c's down and improve their time in range. in it u.s. for example we have 71% of insurers covering patients and cgs covers it as well and other countries are following suit france and japan now cover basil insulin and we're going to keep pushing others forward >> there are lots of countries backward about this stuff, right? >> there's a lot of room to grow >> a lot of people don't realize you have a huge amount of cash you've been doing a repurchase plan, which is very smart. but honestly the amount of cash you have is kind of odd for a big growth company what's the broader scheme here

>> well, we just opened up a factory in malaysia that we invested >> i remember when you were going to do that >> we announced plans to build another factory over in europe and ireland. we'll invest in that capital we believe a strong balance sheet is important to us, and having that cash if there's a technology additive to what we do, we'll use it >> look, i think it's great. these smart guys were telling me you've got to short this thing, i mean to me the combination of you and gop one would make it so that many lived with be made better and be saved, and it drove me crazy people took it the other way which was wrong. >> it's going to be a great combination. it will play out over time >> i know it will. and you'll be there to benefit for your shareholders because you're very pro-shareholders in the time i've known you everything you've said has come true >> thank you very much >> the president and ceo of dexcom, and i've got to tell you the record here.

remember when i was in five and he told me what could happen in the seven. and it gets better and better for shareholders coming up, these two consumer health care stocks now go toe to toe on their own which one is right for your portfolio? cramer weighs in next.

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they were following in the footsteps -- i know this hasn't been a great market for consumer package goods largely because both of them are dividend stocks when interests rates are on the rise after today's cooler than expected inflation number that

caused treasury yields to plummet and stocks to rise maybe it's worth circling back to these two consumer health stocks to see which one is better advil, tums, votear for inflammation, sensodine for toothpaste neutrogena for skin and scalp care, band aids. we all know these companies products you can argue there's a more iconic collection of brands but i like haleon's products better, more specialized a lot of them have become top dog in various markets it's the number one player by market share in all five of the categories it is in. at the same time -- let's talk

numbers specifically organic growth which is the lifeblood of a consumer products camp in the first quarter of the here haleon had -- every penny of that was from pricing. they actually saw a nearly 1% decline in volume. when you look at the third quarter haleon had 5% organic growth but it's up from pricing. and kenvue is worse, though, which allowed them to offset a 3.1% decline in volume really not ideal that tells me kenvue is getting push back on price increases haleon reiterated its price forecast while kenvue trimmed its guidance on the growth front haleon is the clear winner but not by a

large margin how about earnings analysts expected haleon to put up 8% earnings next year when it comes to kenvue it's 1% growth on both of these it's kenvue that's the winner. at these levels it sells for roughly 15 times next year's sales earning estimates. yeah, that's it. you could argue haleon deserve said a preview for the faster growth rate. yeah, the stocks sports a 4.1 yield at these levels while haleon yields just 1.1%. they said they'd like to grow their payout in the future but now it's not in the same ballpark in this high interest rate environment you've got to consider the balance sheet

their parent companies didn't spin them off with too much debt whether we're talking the debt to the equity ratio. finally, we've got a host of miscellaneous considerations that are particular to these considerations like this is a big one. the owners of stake from their former parent company. this can be a problem if those companies wept to ring the register here kenvue has a huge advantage where j&j traded many of the shares they owned after the spin-off for shares for j&j itself we're not dealing with a huge overhang here. i'm not worried about that at all. haleon, though, different circumstances. remember it was created when the consumer business merged would pfizer, so they've got two former corporate pairs this is important as pfizer stocks has been a bow-wow. pfizer still owns roughly a quarter of the company

if pfizer ever wants out and i don't blame them if they want to, look out below when haleno was bought up there was concern about exposure to zantac lawsuits. i told you at the time haleno wasn't really the target here and eventually those concerns dissipated in fact, late last year santa fe, and while it was codependent, haleon wasn't named in any of the cases, and i really like that now, excuse me, as for kenvue when it was bought off from j&j this year we were told the company would -- they still have exposure in cases bought by other countries. we continue to see the company popping up as a defendant in many lawsuits. maybe it doesn't matter but it's still scary. in september we started hearing kenvue might have exposure to a tylenol related class action

lawsuit. while kenrue owns tylenol now j&j would be on the hook for this, too. put it all together if you're worried about legal risk haleon is clearly the way to go you never want to end up playing liti liti litigation roulette. let's mick this very clear i am very concerned about j&j's exposure to these talc lawsuits. and they continue to be mor than just a thorn in the side of the company. as a matter of fact, i don't think the company is as worried as it should be. they have to keep investing innovation and keep the product fresh. on this front, again, after speaking with the haleon ceo last week, i like what he had to say about new flavors, formats, classic products, i give haleon

the edge here. bottom line i hope we can compare stocks in the same industry haleo inis clearly the way to go got a much small yield for now i think it's the best play in the consumer health package aisle it's the one i would choose let's take phone calls let's go to susan in organ susan. >> hey there, jim. h booya. >> booya >> yeah, how's it going there? >> couldn't be better, thank you. go ahead >> yeah, what a day. >> oh, yeah, quite the day >> we've been -- we've been a member of your club for eight months and really enjoying it. >> then please come to our meeting tomorrow at noon and thank you for those kind comments i try -- i set that thing up to make people into better money

managers that's what it's about i made you into a better money manager. i sure hope. how can i help you >> yes, you have well, back when covid was happening my husband and i were thinking of buying moderna, and it was at that time i think it was at 37, and of course we didn't pull the trigger. >> right >> and so now we're looking at it and just wondering what your thoughts are buying moderna. >> okay, susan, here's the problem. and i think the world of him and in february came up with the vaccine during that terrible year here's the problem he's not followed up with these personalized cancer vaccines i'm looking for. and until he does, this stock is going to be stuck in a rut and i don't woant you to be in that rut even though i like him very much. thank you for the kind comments about the club noon tomorrow. >> booya, jim. i'm looking for a long-term speculative investment position.

and with the successful completion of the fda advisory committee meeting and upcoming december 8th target action date to address sickle cell disease, jim, what are your thoughts? >> i know i don't recommend stocks of companies losing money. that company is losing a boat load of money, so you are on on that one because i cannot violate my rules that company is losing too much, and it is very speculative for now i come up with haleon and kenvue comes up short. but i have to tell you if you like a nice dividend, kenvue is pretty good. next up so many of our callers know so much more than we do, and they just reported a beat in raise and look like the stock is going higher then this earning's season got a bad rap, but i'm seeing

things in a rosier light i'm sharing where sentiment may have overshadowed the data and all your call rapid fire in tonight's edition of the lightening round so stay with cramer.

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over the summer i got a call about a little company called verra mobility that helps businesses manage their fleet of cars and trucks and helping businesses manage travel costs i want today do some homework. in response the ceo came on the show a week later telling a very

compelling story since then vera mobility has rallied and s&p up 1% and a lot of that came last friday after the company reported a very solid beat and raise which we look for all the time. they got good opportunities from state and local governments that are improving automated traffic rule enforcement the president and ceo of verra mobility welcome back to mad money. >> thanks for having me. >> you had a quarter that showed me that there is going to be an increased amount of both safety when it comes to driving but also fleet management, where people don't realize these rental car company were getting crushed on tols and people skip. you saved a lot of money for these companiesch. >> we try to make life safer and easier for our companies helping local cities make it safer on their roads. and we make it easier for renters with rental cars to

access toll roads which makes it safer and easier where they want to go. >> almost every rental car company has decided to use you is that because it's too expensive to do it or they don't have enough expertise? >> thursday a lot of scenesben the hind work and you've got to go to all 54 and rental car vehicle companies move around. they go to florida to texas to california, which means you have to have all those. we built-up a proprietary network they can access so they don't have to replicate themselves >> that also benefits you. buying a rental car company which has not been that great, you have participated in the travel boom, haven't you >> that's right. this will be the watermark since pre-covid days and we look to next year and saying we don't see anything on the horizon going to make travel go down we feel quite bullish about it >> totally agree automated traffic enforcement states are approving this. why aren't all states doing it

>> well, historically there's been some push back related to automated enforcement. i think what's happening is red states and blue states alike are starting to understand that, one, these things work they change driver behavior, makes communities safer, and allows police to focus on the bigger problems at hand, and they can rely on a very friendly capability in our technology >> it does seem strange on push back people said there's a police officer -- i came back from italy where all they have is this, there's no police and people think i can get away with anything, it's the opposite the cameras are irrefutable. >> yeah, they work really, really well. and the police officers come behind and it lets them focus on the community. >> there's a division that's parking and it was not necessarily a stand out division this quarter but u.s. drivers spend an astounding amount of time looking for parking spots >> they do

and particularly at universities like myself where they spend a lot of time. >> up to 17 hours. if you can do anything to make that smaller and maybe you can, i don't know, that would be terrific how about states on the cusp or just starting to think about automated traffic enforcement and how you seem to have the edge because you've got the expertise. >> yeah, we've been working -- we work with states across the country to help them enable this legislation. and just this year alone when you look at florida, colorado, connecticut, and california recently, all have opened up new legislation to try out new use cases for photo enforcement. >> well, talk about this school bus use case because there's nothing more precious than kids, and yet people don't seem to respect what could go wrong here >> well, and we have video cameras on the side of every bus, so we see the film when people do ignore the stop arm being extended and the lights on that's been a few products where people have called us and said,

hey, i want this on my kid's bus. >> i've got to tell you, again, what state wouldn't want this. and then i started thinking wait a second, maybe there's some people who say we're about to van assistant driving revolution where it'll be cars that are driven and they don't go over the speed limit, they don't make mistakes is that something you should be thinking about >> well, it's certainly something that's out there i think we've been dealing with that ever since we went public five years ago and the reality is fully autonomous driving is probably a few decades away, so it's not something necessarily -- >> 43,000 people did die in motor traffic crashes in the u.s. in 2021, 2022, a little bit better but your company helps bring that number down, wouldn't you say? >> that's exactly right. we try to work with local communities and we show we can reduce accidents and slow people down in school zones >> i've been critical of spacs

you are one one of a very few companies that is what we call completely de-spacced. >> that's exactly right. we just celebrated de-spaccing on october 18th. we were one of a very few company that had a strong business plan, great customers and a dwrat to deliver and year over year we generate the cash flow and warrants are expired. now everyone can generate our share count a little easier. >> companies get the money and did the right thing and it didn't work for you -- and drafting verra mobility president and ceo. and the symbol of is vrrm. we need this stuff it's pretty obvious. mad money is back after the break. coming up, pop open those umbrellas and tee up your toughest questions cramer takes on all questions in the lightening round next

it is time it's time for the lightening round. and then the lightening round is over are you ready? start with janet janet? >> hey, jim. >> hi, janet what's up? >> jim, i'd like your thoughts on hub spot. >> it's like a mini salesforce

it's got incredible growth and people like growth again i think the stock will rally from here. let's go to jim in new jersey. jim? >> hey, jim. want to say thanks for everything you do to teach about all this stuff you're awesome >> thank you >> jim, i own a few different lithium stocks and i wonder if you still think there's money to be made in the lithium space specifically -- >> no, i think lithium stocks, i think lithium is coming down in pricing and there's no reversing it kind of not the right place to be let's go to gary in pennsylvania gary >> hi, jim, booya. >> booya, gary >> long time viewer, listener. thanks for taking my call. >> of course >> i bought back in the end of august -- i bought not too many shares like 200 shares of chewy for a little over $25 and change, and i wondered what you think of the prospects of this stock. >> i think chewy is bottoming

here, but i just don't know how much upside because people can get the stuff from amazon. let's go to jesse in california. jesse. >> yeah, cramer. first time caller and i always watch you all the time >> thank you thank you for watching >> i've got a military stock called grs it's hit a 52-week high. do you think it keeps ongoing? >> yes, i do i think the prospects are really great for it i think it's an unexpensive stock compared to its peers. let's go to mark >> dr. cramer, thanks for taking my call. >> thank you >> i currently own this stock. i'm reinvesting all my dividends. should i be buying more nycb new york community bank? >> no. i just think even with lower rates it's just a tough, tough environment. i had enough problems with morgan stanley with my travel

trust. let's go to hugo in ohio >> thank you for being back on your educational show. i thank you for all you've done. >> thank you how can i help >> okay, straightforward question browns foreman >> it's a good company but i do believe as soon as someone starts doing the gop-1 trial for heavy drinkers i think people would say i've got to get out. let's go to robert in florida. robert >> happy taco tuesday, jim >> i forgot. what's up? >> speak of a.i. and what it's doing for all kinds of technology today including biotech, what are your thoughts on srpt? i don't own it >> i'm just not there for those guys they're just losing a huge amount of money.

they've broken a lot of hearts i'm not going there on that one. i'm sorry. let's go to rick in washington rick >> hi, jim big fan here thank you for everything you do. >> thank you want to hear your thoughts on c 3ai. >> they're not delivering. they're losing a fortune i like to founder, known him for years and years. but there's too much hype there and too much hope there, and i don't like either. let's go to clarence from kentucky >> clarence from kentucky, long time listener, first time caller how about u.s. bank stocks >> if you go by regional bank usb, you can do a lot worse than that those have 5% yield and seems very safe to me. how about richard in california? richard? >> hey, jim.

do you think it has legs >> i think it's had legs i mean this thing has been on incredible horse i've had the back of george all the way and i continue to say he'll do well. and that, ladies and gentlemen, is the conclusion of the lightening round >> the lightening round is sponsored by charles schwab. coming up say nay to the nay sayers cramer shines a light on what's worked this earnings season. next ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading.

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even after today i keep hearing how we've seen a real slow down this earning season. yet other than big ticket discretionary items i don't see it other than whir pool and pfizer i've been very impressed it's almost all these earnings is coming from a parallel universe i'm not just going by gut feeling. according to data the s&p 500 earnings season so far and we're about 9% through it has surpassed the previous record set in second quarter 2022 it shows you how wrong the

commentators have been and maybe how today's rally makes a ton of sense. first let's take the magnificent seven. we've got one solid beat in race from microsoft this is $2.7 trillion company. that's a big raise amazon has given cost cuts including their big cloud business the backdrop was so grim and since then amazon has more than made up for the losses they did a poor job of explaining on the comps call as for apple i do understand how its quart was interpreted as a miss given that apple took market share in china, that sort of was just wrong and look, there were only nine shopping days during the quarter where you could buy an iphone 15 things should look better in the coming quarter they bother to folk on the

booming service revenue stream not at all apple is typically followed by hardware people. they don't appreciate the value side many that's soy many people told you to trade it, don't own it. sure tesla missed, but you have to ask yourself why is the stock coming back if the quarter was so bad tesla is up 18% so far this month. meanwhile we've had remarkable quarters from amd and intel. what more could you ask? i saw the fewest misses in ages. people yawned. health care was a huge bright spot when it comes to numbers as insurers and medical stocks put up terrific reports but totally blunted by this new class of weight loss drugs in their end markets. same thing for food companies. so did the restaurant stocks but then again these weight loss drug problems hurt their stocks only to transcend the negativity medical machines, drugs, vaccine

plays they got trashed big ticket items didn't get hurt but they're still in the post pandemic order of course the rates going lower even whirlpool can rally and it did. i argued the home owners had the best estimate beats in the industry nothing short of phenomenal. and with long-term interest rates coming down today, they finally got their due in some the most gigantic news i have seen in their stocks except for takeovers. how about the banks. with the exception of jp morgan they didn't actually beat the numbers. who disappointed for real exxon and chevron, but the rest of did outperform utilities good numbers crush by the bond market until today when the utilities had their best session of the year. my conclusion when you get all of the groups this was not a

dispointsing earnings season at all. one of those problems go away today and the other is so overblown it makes me laugh these days that it frighten so many people out of terrific stocks i like to say there's always a bull market somewhere. i like "last call" starts now right now on "last call," the bulls are back in town as inflation appears to cool but we'll show you why it's not time to pop the champagne yet a magnificent day for the magnificent seven and eighth mystery contender may be set to enter the mix. home, sweet, home, the move in rates, is it time to jump in or jump back into the housing market call them the capitol hill brawl-makers >> want to do it now. >> i'd love to do it right now >> stand your butt up. >> you stand your butt up. >> that's just the tip of the iceberg as the house passes a bill to avoi