>> meantime, don't go anywhere. mad money begins right now. i'm jim cramer and welcome to my world. you need to get in the game. those firms are going to go out of business and he's nuts. they're nuts! they know nothing! i always like to say there's a bull 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. i'm just trying to save you money. my job is not just to entertain but i'm trying to teach. call me at 1-800-743-cnbc. home depot wants you to go shopping. >> buy, buy, buy! >> they have 2,255 stores which means there's a lot of destinations to choose from. so tonight where the average is flat line, dow up 3 points, s&p

up 0.1% lower, nasdaq up 0.8%. we're going to take advantage of the slow session and go shopping for stocks at america's number one do-it-yourself retailer. twhie not? we got terrific details this morning and the stock closed at a new high. part of the strength of the dow. the ceo is the best in the business. an his conference call is a thing of beauty, pretty much telling you which stocks to buy without naming the companies simply by letting you know what product is blowing out the doors. but it's important to point out that home depot, which has a history of being brutally honest about the losy state of the housing business in this country for the last four years, oh, i always dread their calls. sang a very different tune this time around. in the call, they said the bad

old days are over. here's what frank blake declared near the top of the call. and i'm quoting frank, we see strength in the core of our store, stabilization within the heart of the housing markets in california and florida and signs of gradual improvement within the overall housing market. believe me, that's some serious greatout bullishness from a very muted, conservative guy who had been reluctant to call any turn whatsoever. he goes on to say, and i quote again, housing is not a contributor, my emphasis, to gross domestic product growth rather than a drag. and private sfixed residential investment as a percentage of gdp improved in the quarter. for years now, i had to listen to blake say just the opposite, housing hadn't turned at all and most importantly, it was a shrinking part of the gross domestic pie. i had to hear that. unless home depot could take share from the true values and

lows, there couldn't be any notable growth for the suppliers. he keeps saying it's shrinking from a percentage of the gross domestic product. this is a major change. that's the history. now that housing is out of the way, let's go shopping. first, there's the store itself. home depot up $17 89 today. it's still a buy especially now that housing is a contributor and not a tractor to economic growth. the company told you that kra skra and florida are now stabilize. hang on to standard pacific, pulte, lennar, keen kbr home. i' not a fan of etfs, but anyone holding the philadelphia housing index, you let that bad boy run, too. if home depot is saying the hardest hit areas are us being, that means more new homes are coming. they need supply, which means frooft profits for the california and florida-sent rick home builders. these people become people that

you count on after all of these conference calls. lumber, kitchen, appliances, paint, tools, bath, flooring, plumbing. the company got double digit positive numbers, more than 10% year over year. painting, carpet, doors, locks, wood flooring. before we start buying, though, we have to do one more field check and that's whether home depot is going to be ordering again. what does it mean if they have the stuff in their stores. it's not going to help the companies. do they need more supplies? they give you some grand lairty of how each months were and the last month july was the strongest month. and the company makes it clear that the inventories are nice and lean, therefore, they haven't overordered so they will have to order as the july strength keeps pace. so let's go through our shopping list. when i hear carpeting, that's mohawk industry, leading maker of flooring, laminates, and rugs. and nearly $73, the stock is

only a couple of points from its high. home depot's evidence is more than just circumstantial. hem dope poe's testimony alone should be enough to place mohawk on somebody's buy list. spray paint going strong. i'm not going to reinvent the will. i've been recommending sherwin williams for ages. i'm reiterating here and now. we know paint is flying off the shelves, that's enough. how about locks? how about kitchen and bath, more areas home depot is calling out strong. we circle back to another friend -- fortune brand home and securities. moen, good stuff. masterlock, best lock in the business. aristocrat cabinets, put some in myself last week. i'm note kidding.

here's the thing, hey, it's only up 24% for the year. and it's not like delta faucets are going out of business anytime soon. i bought one of those too. i did not know how to put it in. all right, what el? lumber is selling well. don't outthink this one, weirhauser, a stock my charitable trust has been buying to take advantage of this trend. and i'm salivating for a pullback to push it for you. the appliance callout. first it was the u.s. business took it on the chin because of the housing crisis, but it was offset by latin america and europe. but whirlpool is too darn cheap to avoid after this home depot

callout. if europe remains miserable, brazil is maybe on the cusp 06 turning. i think we're okay. i think whirlpool is going to be throwing off a lot of cash. the stock is eight points off its high. whirlpool, buy it off this home depo call. tools. that means stanley black & decker. the company has a huge european business which caused the stock to underperform many of the other names i mentioned. although it rallied when it reported disappointing earnings because they told a very positive story about north america. let's not forget to check out. ebay had a major run. home depo endorsed paypal as a preferred way to play at the register. home depot is a trend setter. i have to believe others will adopt paypell, which is cheaper

than mastercard and visa. the aisles are jammed with products that are going to be ordered and ordered and ordered again now that ceo frank blake has told us that housing is no longer a drag on the u.s. economy but actually giving it a boost. given how long this sector spent in the wilderness, it's inconceivable to me the move could be over after one quarter and blake would not have stuck his neck out if he thought it was possible. let's go shopping for stocks in the aisles of the best-run store in the country. even after these moves it's always a bargain if it's selling well at home depo. jo, in wisconsin. josh? >> caller: hey, jim. big trucker boo-yah to yeah ya. >> what's own your mind? >> caller: love your passion. love it. looking at the retail sales data that came out today, also home depo reporting good numbers or better than expected. could you say the top is in in treasuries? >> everybody who said that the

last couple of years has been dead wrong. i will say this. i don't know why you should be in treasuries. i feel a self-employment plan and it's in treasuries. i can't earn individual stocks, but i know it's the wrong place to be because the return is so miserable. i would be a seller. how about steven in my home state of new jersey. 1250e67b? >> caller: thanks for taking my call. last night i called your show in regards to cheap aluminum prices. i had a stek stock that turned into an investment that i called a double on, i sold, it pulled back on a secondary offering from apollo sgrup. i reentered it, and last night what you said hit spot on the head. metals united states holding company. suppliers to boeing. don't red flag me. but i reentered it and i liked

it. >> yeah, it is cheap. and if i'm right that we could be in a turn, it's going to be one you want to play. i actually like letter x a little more. and i like nucor better than that. i like nucor because i like the yield. i love dividends. home sweet home at last? that's what frank blake was certainly telling us. the housing market is coming back. take a look. go look at the score or read it and let the shopping begin. "mad money" will be right back. coming up, euro trip? with europe still top of mind, cramer is taking a trip across the pond to find out how low its currency can go when he heads off the charts. and later, luxury lift? strong retail sales data sent the sector higher. including shares of high-end retailers saks. but after suspending reporting of same-store sales, should

shoppers worry? cramer's exclusive with the company's ceo. plus, know the drill? as election season heats up,ing america's domestic energy development is sure to be a hot topic. couple energy 21's offshore assets take center stage as a show-stopping investment? cramer talks to the ceo to find out just ahead. all coming up on "mad money." [ male announcer ] when a major hospital

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has europe finally bottomed? the proxy for the entire euro zone, at last giving us reason to think a turn might be on the horizon? my colleague at the street.com went over all the charts the last couple of years.

he has the best record. i'm not a charter, but there's a dash board of charts i look at every day to keep track of where the market is headed. one is the fxe. that measures the strength of the euro versus the dollar. you can't do it in a vacuum. when collins looks at europe, he doesn't see a currency ready to go into that good night, at least not yet. it doesn't seem like the euro is about to shuffle off this mortal coil. instead, he thinks it could potentially be ready to rebound. both shorter term and longer term. hold it. isn't the euro supposed to be due. doesn't everybody know it's an endless house of pain? >> the house of pain. >> it's pretty compelling. i went over this last night. check out the daily chart of the

fxe, okay? this is the etf that measures the euroversus the dollar. this is a ratio. ever since the beginning of marnl, this thing has plummet pd .you're looking at the european crisis. when it dropped at the beginning oaf may, the darn thing fell through the floor with lower lows. so here we are in the middle of august. once again, the euro is attempting to bounce. collins thinks we should look at something called the trix. this is the triple exponential moving average. the technicians use it to detect changes in the direction oof a trend before it happens. the trix made what's known as a bullish crossover. that's what this is right there,

bullish crossover. something that's only happened in two occasions this year. this is dicey. the first one gave us a tradeable push higher in january, okay? you had this nice -- the second one, head fake. bear with me. the current triangular price pattern is similar to the last two time whence we saw this pullish crossover, but unfortunately, the last two times played off differently. in january, a six-week long rally. in june, the thing went up a couple of days and went right back down. how does collins know which outcome is more likely this time around? he throws in the relative strength indicator. we call that the rsi. that's a momentum gauge to decide things. it looks more like the tradeable bounce here than it did this time. so it looks much more like the

tradeable bounce than the head fake. the fxe breaks down below 122.40. collins says you should wait until it comes back up to 123.50 before you pull the trigger. however, if to the floor of support holds and the fxe can go higher from here, then it could trigger a second and entirely more bullish pattern, a small inverse head and shoulders. which is up with of the most reliably positive patterns in the whole chart universe. if that's the case, they see it moving up a lot. it would make people feel a heck of a lot more confident about the euro. again, you can see how this thing has been a house of pain. i said tim, come on, this is a horrible chart. lately the euro has been in a bearish channel.

none of that is that good. however, the pattern has been in a price target around 119. and the fxe has pretty much already seen those levels. so collins thinks we can toss those out and look at the wider channel. over the last few months, you can see what's known as a wedge pattern. that's a wedge pattern. and this matters because it now looks like the fxe may be breaking out of the wedge to the upside. again, these are all nascent moves, trying to catch the breakout ahead of time. he's saying this is our next move. even more important, i want to look at the stochastics. it tells whether securities have become overbought or oversold. if people been reaching too much, bouncing, selling it too low. the euro, extreme oversold territory.

happened five times since 2010. every time we got a bounce. it's pretty clear. produced gains of 16% to 30%. in may, you caught a brief bounce and right back down. if you bought then and held on, your losses would be pretty small. you combine the oversold read raedings on the stochastics, worked 4 out of 5 times, with the breakout wedge formation, collins believes that's a situation where the risk-reward is very attractive. possibly too good to ignore. now, the best looking picture by far in his opinion is the euro's monthly char. so we're extending the time frames now. now we're going all the way back. you're looking at nine-year chart. collins thinks this is the one. the fxe has a clear pattern of lower highs. that's not good, but it seems to be trying to break its trend of lower lows. and there's a robust floor at

122, about half of where the fxe is trading now. if it break, it goes to 115, collins says. the fxe has dipped below 122 and the lower prices have been quickly rejected. he's actually not that worried about a breakdown. he's, talking an upside. it's all about the stochastics. that's the indicator that tells you how jofr bought or oversold a security might be. every time the stochastics have been in oversold territory in this chart, they've also given you a bullish crossover where the black line goes over the red line, it's been smart to buy the euro, as long as you sold when the stochastics pulled back under 80 after a rally. these moves have been quite with powerful in the past. collins thinks if we break out above 125, you get a major rally in the euro of all things.

based on the chart, he's talking 140, 150. okay? 18% move. that would be gigantic. can you imagine what that would do for the stock market. the fxe can't hold above 122, collins thinks it can drop to about 115 by the end of the year. one more detail, though. using the same indicators not that long ago, collins called the top in the euro in the high 130ed. so i'm all yeears. no one thought the euro was going to top out. no one. bottom line, the fundamentals are in europe, we know there's markets doing a lot better than you expect. maybe it's time for the currency to join in on the positive action. i know the i dee is heretical, but a europe rally seems possible. you know what, it might even be probable. let's go to anthony in my home state of new jersey. anthony? >> caller: thanks for taking my

call. so could investing in europe in corporate bonds be a better way to make money long term than investing in equities? >> i'm not going to say no. i know that the preferreds, my friend says to me, an accounting friend, sends me a chart for the preferreds for the banks and those have been good. here's my problem. the amount of work i would have to do on the corporate bond market to help you is just too unfathomable for me. and i don't really have the time. but yes theoretically, that's the place to be. let's go to scott in massachusetts. scott? >>. >> caller: boo-yah, jim. just looking at financials. between ubs and deutsche bank, which do you.ic? >> not even close. deutsche bank iten times better than s. deutsche bank is terrific.

it's well managed. i'm not in the habit of recommending a european bank because that's been pretty hazardous. but deutsche bank is very well run and it's way down on its luck. i'm still not going to recommend it, but i will tell you that it's better than ubs. euro, welcome, tonight's chartist is tim collins. remember, who called here and said there was going to be a breakdown is now saying the odds favor a break up. and not of the euro itself, but the chart. >> oom comele up, shares of high-end retail saks higher. but after suspended reporting of same-store sales, should shoppers worry? don't miss cramer's exclusive with the company's ceo. [ male announcer ] at scottrade,

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this morning, a lot of people were really worry about the luxury side of retail, thinking it might be falling off a cliff. something people concerned about since imploded, don't forget chipotle and now starbucks. but saks blew out earnings,

6.18%. granted, saks beat estimates that have come down, but like i tell you all the time, a beat is a beat. the street was looking for them to lose 9 cents, meanwhile, revenues came in a bit light. saks same-store sales for the quarter, management forecast, mid single digit sales growth for the rest of the year. were these sales flawless? i pumped up numbers with this tie and this shirt. earnings were certainly enough to send the stock soaring higher. this quarter also tells you an all domestic player like saks may not have to worry about the same things as an international operator like coach. a juicy 22.2% gain since we talked to the ceo last year. i think there's more roo to run. let's talk to the chairman and ceo of saks and find out more about the quarter and get a read on the luxury side of retail. welcome back to "mad money."

4. >> good to be back, jim. >> i happen to love your outlet that shows me you're in an acceleration mode for a portion of saks. >> we saw a 4.7% growth overall. that was on top of 15% growth last year and we're feeling very good solid performance. i feel good about the i think thises we're doing. >> give us the health of the consumer. i felt new york wasn't as good as some of the other areas. i was wondering if that's tourism or because of the investment banking. the rest of the country is stronger than new york, stronger than we realize. >> new york has been a big overperformer for many years. there's been a lot of tail winds from international, from financial markets. right now there are a little bit of head winds in new york. i think the international customer is performing about at average. we've seen a slowdown in the european tourist, but seen an increase in the chinese, brazilian and russian tourists.

i think the local market in new york is a little tougher. the financial markets unsteady in that consumer, but jofr yawl we're seeing positive performers but it's not as negative, not growing as fast as the other chain. >> you have always been remodeling that fabulous store. you have a 40% increase in shoes. i don't think people realize what a driver shoes are for your business. will that matter? >> i think we're adding 40% of the space in the eighth floor of new york. it's going to be wonderful and we think it's going to be even better. more attention, more attraction. it's already the second most productive floor in the store. >> amazon has warehouses, they get the stuff to you. you always said listen, watch us on line. you're opening a tennessee fulfillment house. what does that mean trying to get your costs down and making your website more powerful? >> we have seen such great

growth out of our internet business. we're bursting at the seam in our facility that tried to service both our full line and our stores. we just opened a new facility in tennessee, totally robotic driven that we think is going to increase the service component, get us better delivery across the country, both to the east coast and the west coast, and we feel really good about being able to give that smear yor service to the customer. >> you mentioned not giving number s going forward. frankly, i don't understand. i know walmart doesn't do it anymore. a lot of other guys .do. it's going your way, why not give them? >> we're not giving monthly comps. we'll give it on a quarterly business. when you give monthly comps, it's half the picture. you can give away product and get sales but you don't know the margin. i think it's not accurate to look at the monthly comps and not understand what the margin component is.

we think it's better to do it on a quarterly basis and thought it was a much more accurate portrait of the business. >> fair enough. i'm starting to think from the people i know in that industry, are we in a decline for women's appar apparel. people are always saying it's not doing well. >> i think there are haves and have notes in women's apparel. there are trends that are fashion forward, colorful, performing quite well. there are other parts of the business, a litted more suited, a little more classic that aren't doing well. >> i used your jewelry store. it's the best in the city. you can tell me whether the problems at tiffany's seem to be related to tiffany by just telling me, the jewelry year over year is good for you. >> jewelry year over year is good for us. >> it is good. >> yeah. especially some of the high-end

jewelry. we're seeing it in fashion jewelry, but also in our large transactions have picked up over the last quarter. >> that's very telling. now how about the fact that you are still closing some stores. are we almost at the end of that? i asked you to close them all once. you said that's not the way it works. was i feel if you're closing stores that don't have the growth angle i really love here. >> we're closing some very unproductive stores. we closed eight over the last couple of years. i think there's a few more you'll see coming. we'll announce them when uh you can. but when it's when a lease comes through or work with a develo r developer. i think there are some very unrepublicive stores that you don't see margin on, that you see distraction. we're accelerating the growth. and you're seeing full line stores.

i think that you're going to see net increase in terms of the square footage. >> one last question, this luxury consumer. miami has got to be the richest group of people i have ever seen in the world. are they spending like there's no tomorrow? >> enormous am of influx there over the southern, south americ american, brazilian, as well as the chinese are starting to come in and the europeans. >> just a great quarter. congratulations to you. that's the chairman and ceo of saks. stock is not done because the growth is here. stay with cramer. >> coming up, ride the lightning. take a nonstop thrill ride as cramer goes stock after stock. all your calls taken rapid fire on "the lightning round." and later, know the drill? as election season heats up,

america's domestic energy development is sure to be a hot topic. could energy 21's offshore assets take center stage as a show-stopping investment. cramer talks to the ceo to find out just ahead, all coming up on "mad money."

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>> it is time. it is time for "the lightning round." buy, buy, buy, sell, sell, sell. when you hear this sound, the lightning round is over. are you ready skee-daddy? i'm going to start with edward in new york. edward? >> listen, michael kors, kors. >> stock is going higher. those numbers were unbelievable. as a matter of fact, that stock could actually blow through new highs. let's go to loretta in ohio. >> hi, jim. boo-yah. the stock i have a question about if you think is a buy is amerigas partners. >> i am not a big fan of the

pipelines that they have. that said, they are in the sweet spot for this natural gas liquids. so i'm not going to say it's not okay. but i curse myself, because this etp has been such a disaster for me. and it looks like amerigas is better than etp. let's go to tony. >> caller: i'm in brooklyn. >> i'll ploebl see you. what's up? >> caller: a couple of months ago, you recommendeds pwi. since then it gone down. i want to know your outlook going forward. >> i had the guy on. it was kind of a weird interview. it's an inexpensive stock. that's all i can say. you do need a little infrastructure built in. i wouldn't call it, you know, a real big push in his favor. at least i don't remember it that way. let's go to kevin in new york. kevin? >> caller: it's kevin. big boo-yah from long island.

i was wondering about morgan stanley, ms. >> keep wondering. no, we're not going to go there. morgan stanley is just okay. i have no catalyst to buy it, so i'm not going to. i'm not going to slight it and i'm not going to praise it. >> richard in florida. >> big boo-yah from florida. last week, you discussed buying stock of quality companies on a pullback and you mentioned general parameters, which you talked about in the past. a pullback greater than the parameters you discussed? >> i was surprised that the quarter wasn't as good as it was. it really looked to me -- and i've been critical about proctor & gamble. it looks like procter really got to church and white. i think it's a positive name. i think it's a buy, but i did not -- that quarter was mystifying to me. and i would like to see another quarter before i say hey, man, this is terrific. and that, ladies and gentlemen,

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with the price of oil on the

rebound, i think this would be a good time to have an energy name in your portfolio. i want to introduce you to energy 21, eei for your home player ps .it gets 71% of its production from crude and owns 7 of the 11 largest oil fields in the gulf of mexico. temperaturically as oil fields age they produce less and less crude. and in the gulf of mexico, the average rate of decline is 35% annually. not for this company. energy 21 has averaged about a 14% decline for base oil production and the company still has the same amount of reserves that it did five years ago. they use the best technology out there to get more oil out of the ground. and back in december 2010, they bought a new assets from exxon, untouched fields with a lot of potential. energy 21 has a tremendous track record of making acquisitions twr the oil reservoirs are bigger than originally mapped and the flow rates are better than expected.

energy 21 reported last wednesday and the company knocked it out of the park. revenues rose 21% year over year. that's a growth stock record production volumes. even better, their all source reserve replacement rate came in at 119%. the company forecast 35% production growth for 2013, but it's not levered like the her guys that have that kind of growth. these are huge numbers. the stock trades just six times next earnings, 33% discount to its peers. i think that's crazy. but maybe i'm crazy to think that's crazy. let's check in with the chairman, founder and ceo of energy 21. welcome back to "mad money." >> glad to be back here, jim. >> we spent a lot of times talking about companies that don't get the respect of the marketplace. you delivered solid growth numbers. you're showing there's far more oil in these fields than people thought. you're hedged at a great price. your finding costs are

incredibly low. what does this market want? because the stock hasn't done anything since you were here last. >> yeah. that's a great question, jim. i think the market, you know, they've fallen in love with the shell plays and the manufacturing process. we take out oil fields, the engineers roll up their sleeves. we get more oil out of the ground, we drill great wells and now weefr on this whole next 5% where there's just -- you know, we got over 2 billion barrels under our five largest flds and you start to get an incremental 5%, 10%. >> you have reduced your leverage. a lot of the companies have increased their leverage. unless they're selling stock, they are not going to be able to pull it off. you are going to be two years from now, having a huge amount of capital, unless you find a lot of different things to buy. what are you going to do with that capital? >> well, yeah, it's nice to have a bunch of free cash flow, but

we continue to look at m&a activity. there's a decent amount of assets coming out there. but we're committed. we focus on buying more of the large oil fields. the top 25 fields in the gulf of mexico in terms of production. that's kind of what with etarget. there's a lot of assets out there. we're going to look at ones that we fit really well with. >> people have been feasting off this bp for a couple of years. tesoro had its biggest quarter of the decade. you're going to be kicking the tires with everybody else, right? >> yeah, we're going to be in there kicking tires. those are really large projects that most of it is going to be remained operated by some of the majors that already operate them. and it's going to be some good opportunities, but we kind of focus on where we get to be the operator, where we come up with an idea and literally, one of my young engineers comes up with an idea within two weeks of their

executing that plan. >> okay. now -- >> that's hard to do if you don't operate. >> well, no, now -- i know you're just now switching to horizontal drilling for some of these older fielding. i thought when you announced it, people would again rerate you. the price to earnings multiple is, i don't know, if i were you, i would say why am i even working? i can't get the stock up even if i' delivered far more growth than anybody else. >> i've had a few days like that, but you do what you do well, you keep doing it and the market will eventually reward you. the horizontal wells are going to be a big step. the gulf of mexico guys pioneered the horizontal drilling with new tools. the fields you could do it in were owned by the ma i jors. now we have a bunch of those large fields. i think you're going to be some incredibly successful horizontal wells.

we're running pipe. we'll drill about 1,000 foot lateral. this is not like shell drilling. they're short laterals, really high flow rates and we're going to concentrate on moving volume, increasing our recoveries. and i think as those kick in, you're going to see the multiple increase you're talking about. >> i see the am of oil you pull out of the ground. people made estimates about what is in the gulf of mexico a long time ago. what you're showing is that's not the case. are you just another part of this puzzle that shows why we could have north american energy self-sufficiency and it's not pie in the sky and it's not a political promise? >> i would agree with that. it's not pie in the sky. it involves some hard work and involves some things that have always gone on in our industry. you have the majors, independents like ourselves and then you have the smaller mom and pop shops. each of us have different levels of overhead and different levels

of where we can capture capital. and so, you know, exxon couldn't put capital to these projects. they had too many other projects around the world that they made a better return on. for us, they're great projects and we put the money to them. it seems working and we make these old fields get bigger. that's the one adage, the big oil fields, they get bigger. they never get smaller. >> you're right. just keep doing what you're doing. it's the most undervalued oil company in the country. thanks so much for being on the show. >> all right, thanks, jim. >> you just heard from energy 21. exxi. it doesn't make a lot of sense to me how it's valued. just watch it, okay? i think you'll come around to thinking like i do. why have him on the show? it's just too inexpensive. can't not like at this one. "mad money" is back after the break.

if you want to define the defining contrast of today's internet marketplace, google brought froemmes for 22 million, versus groupon showing a dramatic slowing. the results were so bad, they caused the stock to lose 26% of its value today. google after taking the online world by storm for a time seemed to have lost its way. they thought about putting in aed by for groupon.

in light of groupon's horrendously horrible performance, that would have been a truly epic mistake. not unlike the dot-coms of old. groupon didn't sell and the rest is history. $3.7 billion price target that groupon supports now. instead, google has come up with a new strategy, buying offline stratys and making them into online powerhouses. it's brilliant. now with the $23 million purchase of froemmers, google has added a creator of travel content to the mix. put them together and voila, google has the makings of a travel site that can give yelp a real run for the money. amazingly, google once tried to buy yelp for a reasonable price. i think the combination of

froemmers and social media reviews to go with the powerhouses has the potential to give yelp -- well, it could outvote yelp, and i like yelp. meanwhile, there's the other voice of the web. there's groupon. it's shown deceleration in its core business. the irritating e-mail coupons you get for nail so lons and brazilian whacks, after some initial excitement that drove customers to stores via good copyrighting, i think the thrill is gone here. this business model seems broken. the whole darn point of the internet is you get to avoid all the risk associated with inventory. amazon carries no inventory, so they have no risk. groupon is in such lousy shape, this is something they're blaging about?

google is a huge european business, 50% europe. i didn't hear about anything bad about europe on their call. two companies going in very different directions. google taking advantage in its ole brilliance andle rolling out belued offline products, while groupon goes into traditional retails. i want to own google here, even up here, just a couple of points off its high. but groupon? i'm going to be a real gentleman and just tell you right here, right now. that it's still too early to buy groupon. stick with cramer. ♪

why not take a day to explore your own backyard? with two times the points on travel, you may find yourself asking why not, a lot. chase sapphire preferred. there's more to enjoy. biden puts his foot in his mouth by 2e8 telling a predominantly black audience that romney's policies would put blacks back in chains. outrage. also tonight, retail sales come in higher than expected. there is no recession. it's not really all that it's cracked up to be. plus, is team obama robbing the suburbs to pay for the cities? we expose this new war on the wealthy. "the kudlow" report just moments away. just want