tv Mad Money CNBC August 25, 2009 6:00pm-7:00pm EDT
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dan marino influenced me and he really pushed me to get on nutrisystem. yeah, i'll take credit for peter jacobsen. introducing the all-new nutrisystem for men, flexible new programs personalized to meet your goals. get on the program, eat properly, you're going to lose weight. it's actually easier than you think it might be. that was really good. thanks. i had awesome results and i've kept it off for three years. for a limited time,
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get an extra three weeks of meals free. that's right, you can get an extra 21 breakfasts, lunches, dinners, desserts, and snacks. that's 105 meals free. that's what guys like. "tell me, 'do this,' i do it, i lose weight." with prices as low as $12 a day, you'll save hundreds over other weight-loss programs. order now and get an extra three weeks of fantastic meals. that's right, 105 meals absolutely free. call or click now. i'm jim cramer. welcome to my world. >> you need to get in the game. they're nuts! they know nothing!
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i always like to say there's a bullet market somewhere. "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends -- oh, boy, i'm just trying to make some money, and of course entertain and educate, so call me at 1-le 00. 743-cnbc. tonight we're making a cake. call mea julia child. hey, call me a child. that's more like it. we have so much to celebration that i am donning the chef's hat and making myself an or i don't chocolate case to help usher in the festivities. got to go to the cramer cookbook for this one. recipe for a rally. what exactly are we celebrating? how about the good forting of our country that ben bernanke
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will stay as head of the federal reserve. how fabulous is that? listen, we know he got off to a slow start -- they know nothing! at one point i wanted to throw a pie in his face, but he's the man who kept the atms running on time, prevented us from former bread lines, wearing sandwich boards "will work for food" creating apple stands, and most important from my time on wall street, no window jumping. i credit his decision to take radical action to bring interest rates to zero, among other creative programs as something that gives us, or at least me, another reason to celebrate. that reason is i'm not an idiot. two years ago this month when i thought bernanke was asleep at the wheel, i went on my big scream, and i guaranteed you would lose mine if you bought a house. i took a lot of heat for that
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rant, especially with the national association of realtors, but not as much as the ridicule that was heaped on over and over again last year when i predicted that housing would bottom. look, just take a look. >> housing sales will continue to drop. >> don't you dare buy a home now. you will lose money. >> so let's start the countydown. we have 309 days until june 30th of 2009, 309 days until housing bottoms. there's only 210 more days left before housing bottoms. housi housing, could it last and bottom? it seems to be on track for my june 30th bottom call. i knew i shouldn't have worn this -- hey, i nailed that sucker. i took a lot of heat for those rants, but here we are now, the 2007 loss guarantee held up,
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right? the average home has lost about 20% of its value, up since i gave you my money-losing guarantee except for the 40% declines in california and florida, and the 50% slide in vegas, and then today we learned from the case shiller index, the authority on these matters we had or first month-to-month increase. when did it begin? june 30th. you with try to equivocate. you can run but you can't hide. i won't let you. you can't not have a bottom, to use a double negative, if you have an increase in price. so i'm not an idiot. that's worth celebrating. i heard a lot of quibbling about my i had yossy today, or i took it personal, you guessed it, foreclosures, but the answer is that people who keep bringing up this foreclosure straw man don't recognize it's already in the numbers no heaven's sake.
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how exasperating. did they call a bottom? no. anyway, now people are saying the bottom will fall out again when the first-time homebuyer tax credit goes away. my, that's not why people buy homes, but the reason you buy a house is because you need one and it's cheaper, thanks to bernanke, than renting. it's affordable. do we have more reason to celebrate? sure. just this morning we got a consumer confidence number that i regarded as a thing of beauty, much better than expected. this is a big deal. it's the reason why, for instance, the target and walmart and kohl's has said the back-to-school season is encouraging. did you see that reported anywhere at all on this show? you had to get it from the raw data. now i have noodled long and hard why confidence is up given all the gloom and doom.
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look at this. here's a guy, double-dip threaten housing recovery in the negative street journal? now, i have one of these eureka moments. the consumer confidence is up, because people no longer read newspapers. of course, only svelt unions 63-year-olds like me read nuts. you don't they don't even have them delivered anymore? no wonder people feel more confident. finally one more thing to celebrate. the retail investor is back. the money in numbers are terrific. they're terrific. as you can tell from the booming business at franklin resources, a mutual fund house that rallied huge today. regular people are putting money to work despite the media-inspired gloom. they know america is coming out of the this morass, that business is coming back, that
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thele firings have run their course and the hirings are beginning. these are fabulous reasons to bake a cake. you just have to kind of put it to work, you know? that's enough of that. anyway, but why an or i don't cake? because or i don't, o.r.e.o. stands for other real estate owned, as opposed to high drox, this dunked better. when you think of housing stabilizing and going up, because the fed is going to stay steady, when the consumer is feeling frisky, you want to own the stocks of companies that own the most houses. would it be toll brothers, lenary? no, no, no, the biggest homeowners aren't home builders, they're banks.
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bank the america, wells fargo, jpmorgan, courtesy of the o.r.e.o. portfolios. we're in the cycle where they're going up in value, where demand is so high, nevin story is so low, you want to be invested in companies that own homes. who owns more than bank of america, courtesy of countrywide, wells far ooh courtesy of golden west. these guys own whole zip codes of homes. they taste like coming home. the bottom line, congratulations to mr. bernanke. congratulations to the america consumer. congratulations to the investor. you didn't let the inglorious ones get you down, you stayed in the game. you stayed in the games, and now this or i don't cake is for you.
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let's speak to rob in new jersey. rob? >> caller: boo-yah, jim from new jersey. >> holy cow, what are you exit 5 off the turnpike? >> caller: >> caller: exit 4. i started investing a year ago, and i want to say thanks for all the help you've given me to stay in the game and make in mad money. >> my pleasure. >> caller: my question is about petstart. they gave guidance with expectations for a third quarter. i think people take better care of pets than themselves. what are yew thoughts? >> you've got the wrong case there, my friend. the problem with pet smart is walmart. you don't want do go up against the monster, the king. wall matt is destroying pet smart. don't touch that office product, either. that's not doing too well.
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adam from georgia. >> caller: on top of stone mountain georgia, jim. >> good you have to you here, chief. >> caller: i was wondering with this bad housing market, how is that going to affect home depot over the next, say, 12 months. >> this is in the eye of the beholder, partner, and home depot, which i own for my charitable trust is doing just fine. as a matter of fact, just to we put our cards on the table, the one thing we know about home depot is it's taking butt and taking names. i like it. i'd like to go to the land of linco lincoln. bret? >> caller: boo-yah, jim. >> caller: here's my stock, buckle, bke.
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>> between aeropostal and buckle, any weakness, i say buy. but they have distinguished themselves in this decline as having momentum and doing a good job. i include urban and tjx, but you know how i feel about tjx going forward. congratulations mr. bernanke. congratulations consumer to feeling the good idea to buy a home. congratulations investors. what the hell. coming up, one upgrade and one downgrade, how do you sort it all out? turn to cramer as he decide one stock has run out of steam or just start to go heat up. plus it's a competition of warehouse proportions, a week-long competition continues as cramer pits two stocks against each other to find out if either one has what it takes
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that has nothing to do with obesity. the analysts are saying the stock is no longer a hold, a buy, buy, buy, so which of these two bottom battants is right? which do i consciously object to? first, i own vale for my charitable trust, which you can follow. yeah, i tell you what i'm going to do before i do it. i like it. i put my charity money where my mouth is. i think hsbc's downgrade is wrong and morgan stanley's upgrade is very right. even though i'm a fan of all thinks vale, including the ski slopes, jerry vale, i know where the analysts are coming from. it's more about the way that analysts at big brokerage houses operate than it actually sells about vale's prospects. hsbc downgrades vale on valuation and expects a falloff
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in chinese demand for iron ore, and the negative effects of a stronger brazilian real combined with a weaker dollar. better denan in non-chinese markets like europe, brazil, and the u.s., and potential stronger iron ore pricing. i know it's got to be confusing. the other guy hates it because of its valuation? it may seem crazy that on the same exact day two analysts come out with diametrically opposing opinions on one stock, but that's not because it's a mad, mad, mad world, but because of the way things work behind the kurting, behind the "vale" so to speak. hsbc has had a neutral on vale since the stock was at 12 this march. now the stock is up more
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thanful% as the analysts just sat in the bleachers. after missing over $8 of up side, this guy downgrades vale to underweight, but at the same time even more curious, he increases his price target from 17 to 18.50. and he increases his iron ore price forecast from 2010 from down 10% to flat. even though the analysts think the business will do better than he thought, the guy still takes the rating down. i think we're going to start seeing this kind of behavior with a lot of cyclical names, because they downgrade because they're anticipating a v-shaped recovery. not just a slower u-shaped and certainly not an l chef hap, nonrecovery. hsbc's main concern is that china has been restocking its
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inventories, and when that end, which seems to be hang now, iron ore prices will plummet, even though the analysts expects better demand from around the world, he thinks it's already in the stock. and its richly valued, we're 66% of vale's shipments went in the most recent quarter. i think the guy at hsbc has it all wrong, and i think he's compounding the error with the sell call. the analyst is looking at vale's valuation when he should be looking at the prices of the commodities it produces. and i think he's nuts to suggest that the stock is pricing in stronger demand for non-china. all right. how about morgan stanley? so hopefully i can give away a lot of money at the end of the
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year. the analyst here says the market is too darn focused. brazil, europe and the u.s. are recovery more than expected. going up, federal government, and now increased with three months in a row. the kind of high-quality iron ore that they need is what vale supplies. the big comeback in europe i think is what no one is expecting right now would be gigantic. europe made of 25% of the volume for vale. it had dwindled to just 7% in the first half of this year. i think any decline in chinese steel production will be offset by steel makerness brazil and europe which should allow iron
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ore prices to stay firm in 2010. frankly i think it will do better than that. he also sees nickel prices going higher, and no one seems to care about that at all, even as it could give the earnings some icing on the cake. morgan stanley sees vale as not being richly valued, but it's underperformed the brazilian market by 20% and underperformed the steel stock by 46% so far this year. believe me, i would be flying down to rio to see what the heck is going on there, but boy, are my arms tired. here's the thing. i look at the downgrade and upgrade, i see them both making the same case. what matters is the iron ore prices. if that hackett, vale with its high grade ore, low costs and world dominance benefits the most, and i think that puts it somewhere in the high 20s or even low 30s.
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hsbc, he thinks iron ore prices will be flat. here's the bottom line, and this is really important. the which the chi-comes may be the better more chico marx than karl marx, but the u.s. and europe are still huge, huge marx. and if they come back like the analysts at morgan stanley suggests, then vale will soar, even if chinese demand falls off a cliff. heck, even the guy that downgraded the stock raised the price in the report. now i've peeled back the veil of wall street. you know why i think it's time to buy, buy, buy vale. after the break i'll try to make you even more money. coming up, it's a competition of warehouse proportions, a week-long competition continues as cramer pits two stocks against each other to find out if either one
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has what it takes to be crowned discount king. plus the clock is ticking. call crepe are at 1-8 hinz-743-cnbc to find out a way to fire away at cramer in "the light anyone round." can he withstand your thunderous onslaught of stocks? and later cramer puts the stocks against the fundamentals on an all-new off the charts. all coming up on "mad money." welcome to the now network. right now five coworkers
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arena and comparing them. this is what i used to do at the old hedge fund. this is to teach you how to analyze stocks as a pro. if you caught last night's show, i don't care for tjx right here, the parent company of t.j. max and marshall, because it has a sourcing problem. but right now inventories are drods, they're lean, they're lean, they're down. nobody wants to off-load any unwanted merchandise, because there isn't any. that meaning they'll have to pay through the nose for product, making it more of a discount knight or rook than the discount king. what's next? we don't want a retailer with the same problem, so we need something with a totally different business model to compare? how about a discount clash of the titans? a competition of warehouse
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proportions, costco better b.j.'s wholesale club, the two largest warehouse stocks. even though their trade-down plays, they don't rely on castoffs, they drive low prices home to the manufacturer. they rely on operating efficiencies, bulk warehouse store model, keeping prices low so they both have more control of their destiny. neither stock has run very much since the march 6th lows. costco is up 27%. s&p 500 is up 51%. costco has been doing awful in the last year. none of those are like the over at tjx. that's another reason why i decided that's not the right one. why wrou plays? because as the economy recoveries, companies that hit their customers with membership fees are more likely to keep those customers, you know,
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whereas, you know -- if they have more money and can afford to shop somewhere else. good or bad picture? can't tell. once you pay for the membership you're not going to not shop at their stores. how do we tell which one is better? in a steel cage death match, which one would come out on top? i think b.j.'s is the better of the two wholesale club stocks, and that means i'm putting b.j. in the running for the title discount king title. why? key metrics. that's how we measure the success of a company in given sectors. it's simply a superior company with a superior stock, though i wouldn't go so far to say it's got a superior attitude and superior state of mind to produce. a la steven seagal.
quote
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how storms are doing now versus a from a year ago. we compare identical stores, b.j. hayes has stronger same-store sales. that's the key metric. it grew at 2.9%, excluding gas sales. and they're expected to increase by 3% to 5% in the third quarter and 4% to 6% in the fourth quarter. costco same-store sales were flat last quarter. they were down 1% in july. who takes the cake when it comes to inventory? too much inventory in a retailer has to put an additional sales and promotions to get rid of old merchandise. inventories is the nemesis of retail profits. these warehouse stores are no exception. here costco has the edge. it beats b.j.'s. its average decreased by 4% in the most recent quarter, b.j.'s
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increased by 4%. that's a little scary, but the manager said it was due to increased of soft trends which it had noted it already began to reverse in early august, so costco doesn't wipe the floor with b.j.'s. merchandise, what do i mean by merchandise? this is about which one has the most appealing products. the store that knows how to stock what people want. even though i love the ribs, and they're the best, but i'm thinking b.j.'s lately is the better merchant. it's increased the number of different items available, giving customers more option toss choose from in a range of sizes. they have 7,200 unique products. costco has 4,000. so it the frayeddown play unwinds, b.j.'s in a much better position, it can appeal to customers more. i hadn't thought about that when i we aren't into the comparison. costco is considered the more
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upscale of the two has got the best crab legs, got fantastic births day cakes, fantastic meats, good fish, it's also the place that it's chic to shop at. you're sew more mercedes and lexuses in the parking lot, but costco has simply executed poorly this year. i expect improvement, but i can't wait for it when b.j.'s stock beckons. i want to make it really clear, i vastly prefer going to costco over going to a b.j.'s. it's not just my brge's, i've been to about half a dozen, and i prefer every one of my costcos, except one close to me, which i'm not going to mention. i don't want to hurt people's feelings. hey, we're comparing stocks, not stores. here's the deciding factors. this is because i love regional/national plays b.j.'s got 180 mostly in the northeast
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and southeast. costco has 557 worldwide, they're more concentrated in the west and south. retail stocks tend to run out of the room to run higher when the underlying companies. walmart peaked when they were basically in every state. b.j.'s plans to ecaccelerate the store growth. costco is opening 15 this years, but it's three times the size as b.j.'s. by the way, b.j. hayes had always had a problem trying to site stores. they can add stores, because real estate is cheaper. that's not the case a year ago. but b.j.'s is a better company, b.j.'s trades at 12 times expected earns. costco is rich. again, because everybody loves the product. but the difference is not
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justified given the similar growth. i told you b.j.'s has superior execution with store units. costco in this game 2 for 4 is balance. i think the valuations will reverse themselves and b.j. will trade at a premium. here's the bottom line. b.j.'s is a contender for discount king and definite li the best white house dlub stock, better than costco, maybe not as a company, but certainly as a stock. robert in california, robert. >> hey, a by boo-yah from carlsbad. >> holy cow, our first caller from carlsbad. >> caller: i used to live in iowa. about 25 years ago i noticed casey's convenience stores, and they've been growing by leaps and bounds. i've been in some of the stores, and they have maintained earnings and value throughout
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the economic downturn. what's your take? >> i have always like them. i think you have a good call. i like it more than pantry. i think you nailed it. robert in california has what i call horse sense. okay. let's go to frank in new york. frank? >> caller: yeah, jimmy, boo-yah. >> boo-yah, frankie. what's on your mind. >> caller: what do you think about the supermarket sector, great atlantic in particular? >> i thought there was a good call to be had, it wasn't. this is a company that's lost its way. winn-dixie, which reported yesterday morning had a better quarter. the pecking order is krogers, then safeway, then super value, then winn-dixie, and then great atlantic and pacific. better than all of them is whole foods. forget about the ceo who has a political view that's a little off-course, i like whole foods. it's the battle of two wholesale
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retailers. my nominee from tonight, i'm keeping b.j.'s in the game. stay with cramer. coming up, the mattness goes nationwide. as jim takes your calls from all across cramerica. and later, cramer puts the charts against the fundamentals on an all-new "off the charts." all coming up on "mad money." uk ♪ singer:wanted to get myself a new cell phone ♪
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what the heck is that all about? that's rapid-fire stocks, i tell you whether to buy buy buy or sell sell sell. my staff prepares the graphics on the fly. we play until we hear this sound, then "the lightning round" is ound. are you ready, skee-daddy? i'm starting with lisa in maryland. lisa. >> caller: jim! a huge pink boo-yah to you. i love -- i love your stay mad for life book, and i am a subscriber to your action alerts. >> thank you so much. that's where i send out the e-mails beforehand, and we're doing okay this year. >> caller: my stock is mdvn. >> i feel like this is a speck stock, you know it's not making
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any money. i would tell you as long as you recognize this is your speculative option, lisa, i will bless it. if you're using it as your pharmaceutical or medical device, no-go. it does not take the place of a bristol-myers or stock like that. ron in pennsylvania. ron? >> caller: ron from erie, p.a. >> from erie, we never get any calls from erie. how have you been? >> caller: living the dream. how about you? >> i'm doing darn good. tell mu what you think about f.l.y.? >> no, robin, it doesn't fly. you don't want this. this is in the aircraft loosing business, and i've been burned, sizzling, fooled by that group. i'm not touching that one. no way no how, to quote -- who is it the lion or the tin man? no, it couldn't have been the
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tin man. he was much more coherent. how about will in oklahoma? >> caller: hey, jim. >> will. >> caller: first time caller will, and i want to give you an oklahoma, mover here from dallas, home of the cowboys, boo-yah. >> let me tell you, will, you might have the opportunity of lifetime, because there's talk i'm going to go to the university of oklahoma soon to do my show. just idle chatter, just twitter. >> caller: the company i work for, unp, right registered today when it backed off a bit. >> well, i've got to tell you, that's a should would coulda situation. 6 union pacific is a great company that i think literally -- let me make it very clear -- any pullback i want you to pull the trigger. i think there's more room to run
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for union pacific. boo-yah to scott. >> caller: boo-yah from five-mania learned. >> i was going to give you an adrian peterson to finish up the oklahoma would that. >> caller: will c-span recover to the 20s or am i doomed? >> you are doomed. look, here's one. i would rather watch c-span than own c-span. and i'm speaking about the network versus the ships. no, man, i'm going to sentence you to watching c-span before you pull the trigger on c-span. stay awake. here's one, kyle. in florida, kyle. >> caller: how are you doing, mr. cramer? a big south florida above-boo-yah. >> south florida just rocks. what's up? >> caller: my stock, alcoa. i believe that an increased demand for cars will push prices of aluminum and steel over the next year higher, but if the
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dollar bottoms out near these levels, should i reconsider my long-term position of alcoa and u.s. steel? >> i think alcoa is literally dead money. i don't care for it. u.s. steel can make a comeback, but why should we buy second best of breed whether we can buy nucorp. he's dynamite. let's go to tom in wyoming. >> caller: hello there, jim. >> yeah, tom. i'm all focused. what's up? >> caller: i'm looking at this atlat pipeline company. i watched you yet, talking to the ceo. anadarko and gas, and the only way you'll move them off the field is you've got to have pipelines. what do you think about atlas pipeline? >> you know where i'm going to send you, i like to go to kinder morgan energy partners, knp.
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8% yield, and you've got a toll -- it's going to make you money, no matter what. richard in california. >> caller: a very grateful boo-yah. >> well, thank you, you're welcome boo-yah. >> caller: i forgot to mention that. jim, first of all, i want to tell you i love your style, i love your show, and that i learn more watching your show than ever attending the wharton school. >> really? wharton had better cheesesteaks nearby, but what's up? >> caller: i'm watching hxl, boeing has been great, but where is hxl? >> i've been thinking the same thing, boeing has been moving in a niagara falls fashion up to hell, and meanwhile, this stays at 11. i think boeing is too high, because they can't ship the dreamliner. i'd rate be in precision
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castparts. hey, go into honeywell. hey, dave cody, he's shooting the lights out, he was next door to me and i kept playing it over and over again. kay in florida. >> caller: hi, jim, boo-yah. >> boo-yah, kay. i'm reeling from a $15,000 loss, and i want to know what i can do with the $9,000, what little i have left. i wonder about another bank like fnf -- >> first niagara? they just bought the bank in my old hometown, it's got a dividend. it's got the big branches from pnc that the justice department had to split up. think it might be best in show. i'd like to pull the trigger right here. it's got great pin action. how about brian in mississippi?
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>> caller: yes. >> brian. >> caller: big boo-yah from mississippi. >> oh, mississippi oh, man, tupelo, hit me. >> caller: i've got a question about bz, hold or sell or buy? >> let me tell you ole miss, i ole miss that stock up already. i can't come on top of that and say, listen, it's too cheap. i would prefer you to buy wy, i missed that one, and i feel bad, but, hey, sometimes you just get had. how about we go to norman in kentucky? norman. >> caller: hey, gym bo. >> what's shakin' there, partner? >> caller: a big bhooia from louisville, kentucky. >> louisville, one of my favorite towns. what's up? >> caller: i want to ask you about the ticker d.a.n., dana holding corporation. >> if you're seeing spec on the
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return of the trucking business, i think it's right. i also like ford. i gave him a twofer, because he's from louisville. i need more calls. i have cake batter all over my pants. i'm not going anywhere, can't even do my fantasy link until tomorrow, and "the lightning round" is over. what's on the minds of independent investors? let's ask. when i trade, i want a straightforward price. they lure you in with a $5.99 trade, then charge you 15 bucks.
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you get a low price, but only if you make a ton of trades. at td ameritrade, every online stock trade is just $9.99. period. no matter how often you trade. no matter how much money you have in the account. i hate those hidden fees buried in the fine print. surprise! it's a maintenance fee! i hate surprises. at td ameritrade, you never pay a maintenance fee. you get low, straightforward pricing, so you always know exactly what you're paying. hey, that works for me. are you ready to declare your independence? independence is the spirit that drives america's most successful investors. announcer: trade commission-free for 30 days plus get $100 cash when you open an account. so now we've turned her toffee into a business. my goal was to take an idea and make it happen.
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with prices as low as $12 a day, you'll save hundreds over other weight-loss programs. order now and get an extra three weeks of fantastic meals. that's right, 105 meals absolutely free. call or click now. guys, you can do this. just pick up the phone and call. you will lose weight. i'm not showing you a chart tonight, i'm showing you the chart, the go-to pattern you can use right at home, home gamers. all you have to do is trace it and you know you have a keeper. this chart comes from an old
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friend and a wise man, who also happens to be one of the greatest technicians of all time. i'm talking about a guy you probably heard of if you watched the network for a long time. that's john bolinger. or the one who writes the market news introduced me to bolinger put it bolinger is one of the best and innovated and intellectually honest technicians and a true pioneer of internet analysis. i never made a move without looking at the bolinger band. it's nice and simple. when you see this pattern, you buy. what's so fabulous about this chart? you can see a lot of these in the current market. it's called a completed basing pattern. if you want to know the technical jargon.
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take a look at cisco, and nts energy. what's his pattern. see the big decline, look at the base, the stock is trading sideway, it breaks out above that range, here's the breakout, pulls back and to the line and once again begins to move higher. you have your entry point. he likes going on the final up turn because it represents the greatest risk reward from the charter's point of view. i love risk reward f. the stock falls and makes a new low immediately below the prior low, you have to sell. you don't want to take a lot of pain i get that. if the stock sinks below this horizontal line, he thinks it's sunk. that tells you the blowout rally isn't happening. the shortest difference between where you buy and made a mistake, the loss is limited. it's called risk reward.
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you can get it multiple times before the stocks trading rang and breakout. bolinger knows this stuff. you don't need any fansing trading programs or esoteric knowledge to make this work. there is no mum bow chicken gumbo. you can chart these at home. they're all over the place. you kcan trace them. when you see this bolinger pattern, you know it's bullish! some people buy a car based on the deal they get.
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see you tomorrow. up next on kudlow. will it be helicopter ben or king dollar ben in his second term? 9 trillion more in debt from president obama. former fed bigwig larry lindsey and famed investor by rron. i'm racing cross country in this small sidecar, but i've still got room for the internet. with my new netbook from at&t. with its built-in 3g network, it's fast and small, so it goes places other laptops can't. i'm bill kurtis, and wherever i go, i've got plenty of room for the internet. and the nation's fastest 3g network.
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