valuation. >> pete? >> amazon's taking over the world. amazon is going higher. $500 is spent more as a prime. giddy up. >> i'm back tomorrow. "mad money" with jim cramer starts 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. my job is to help you find it. "mad money" starts now. 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 isn't just to entertain but to educate and teach you. call me at 1-800-743-cnbc. or tweet me @jimcramer. sometimes you have to play the hand you've been dealt. you just can't throw it back. i can't give up. you have to look at the cards, figure out how to make something

work. augment the hand. today's action represents attempts by several different card players to make their hands better in this new environment where most stocks go down anyway. dow falling 163 points, s&p sinking 6.5%. let's take it by the clock. when i got up this morning, the futures, they were down hideously. and you know i get up early. a couple of reasons. both chinese imports and exports showed china's decline in growth continues to accelerate. we've now had 13 straight months were chinese imports slumped right in a row. no wonder copper is in free fall. no wonder there's no place to put aluminum and steel. nickel, zinc, i can't even look at them. it's just bad over there now as

the economy frantically switches to being consumer base. only one third of the chinese economy is based on consumer spending. ours is two thirds. the chinese want their country to be more like ours, more like a service economy. when we see any data that suggest the big industrial engine of china might be sputtering, we freak out. why? because so many countries depending on the chinese market for growth and it's not giving them. things only got worse, around 4:30 when we heard that anglo american, the biggest mining company in the world, is slashing an astounding 85,000 jobs. only 135,000 people work there. these mining stocks have been obliterated. as the reports leaked out about how bad anglo was, we realized this industry is falling apart. anglo is already down 73% for the year. same with giant copper maker but

hadn't glencore. rio is off 38%. these are gigantic companies that produce raw materials that china used to consume like mad. these are massive users of capital equipment. now because of endless commodity weakness, these stocks are still worth selling, even down here. the big five that had dominated the world, they're all falling. as anglo american disseminated its news, oil quickly dropped a buck and change. it was looking 36, another house of pain day for the gigantic energy complex on tap. then two stories that really threw me. toll brothers reports, some excellent housing commentary about how the best is yet to come, more homes to be bought. these guys were positive during the great recession. what happens? the stock starts getting beaten down before the opening bell.

i mean, it sold down big time, finishing off 7%. what does that say about owning housing stocks go into a fed tightening? how about nothing good? second, southwest air. best of breed. jeez. comes out with some terrific traffic numbers. o ooh, maybe the airlines are the place to be. flip side, more discounting because competition is heating up. remember, we like the airlines because of lower oil prices and less competition. but we hate the airlines because of discounting and vicious competition. we've seen that movie before, we know how bad that can be. right now the hate is trumping the love. stocks got knocked down big before the opening. it took the whole transport index with it. by the time the opening bell rings, the market collapses by more than a percent. that's a key ratio, by the way, that's the ratio the late mark haines taught me. that's simply an unsustainable amount of selling.

mark always told me when many people want out at once, you do have to take the other side of the trade. it was this kind of wisdom that allowed him to call the bottom in march of 2009, the haynes bottom. mark made very few calls when he was at cnbc. he only made them when he thought things were at extremes. a creche endo of selling, he called it. when he voiced an opinion, he typically nailed it. for some stocks, there was a crescendo too much. we have two groups of players playing at the card table right now. the first is resigned to the fed raising rates. these players take their cards and throw them back. their reasoning? if the fed is going to tighten, then you have to get out of everything. i hate this kind of black and white thinking. we see it all the time. it's no negative, and it's rarely right. why do i hate this logic? if the fed is going to tighten

when the economy is getting weak, exhibits what the thesis is, then it stands to reason you don't want any industrials or minerals or mining stocks. you have to be careful with airlines, construction companies, auto manufacturers. you sure don't want homebuilders, remember what toll had, or the raw materials, chemicals, paper stocks, go up. anything that goes into a home or construction. transports today, hammered. how about the other card players, the ones that say, okay, i got a not so hot diversified hand. what can i throw back to get better stocks? how do i augment the hand? so these players toss out the same industrials, maybe some oils, anything machinery, anything connected with a smokestack, a plane, a train, or an automobile. nevertheless, they don't leave the table. what these salvier players do is immediately use the weakness of the quitters to pick up the high cards they threw out in disgust. and what are the high cards in the slowdown? how about the companies that can outrun a slowdown? especially one that's exacerbated by the fed

tightening. it's obvious despite employment figures, things are looking bad in many areas of the economy. out of this sea of red emerges islands of green. the first one is biotech. i saw biogene and celgene within a few minutes of trading this morning, thanks to bob wang for pointing them out to me. then i saw some of the old buying drug companies rally along with the big biotechs. there have been some nasty pressures on netflix and amazon. many people were incredit will you say. then higher growth semi-conductors gained. google reversed. yahoo! has decided not to spin off its alibaba stake, something that led to a gain in yahoo!. perhaps that can be built on tomorrow. now i think that the entire move in high growth is always going to be -- if oil goes down, it's going to wipe that group out

again. oil managed to rally back into a flat line, that's a buck decline and then back. but after the close, kinder morgan, kmi, announced a devastating dividend cut from 51 cents to 12.five cents per share. bond whisperers, people in the credit market, told me it would be about a 50% cut. that's more. who knows if that whole group, which was momentarily on the mend, gives it up again? and a lot of wealthy investors own those. that stock is getting crushed after hours on top of the 62% it has already fallen for the year. not for one minute my saying that the entire market can rally off of a slow economic growth scenario. if the fed has indeed made its decision to tighten then you aren't going to see a recovery in housing stock. industrials will have their estimates cut, as will they should. if anglo american is laying off 85,000 workers, they won't need more caterpillar machines. if there are price wars in the

airlines, people won't be buying boeing. they are with a fed rate hike simply more bad cards in the deck than good once at this stage in the game. the only thing that could change that fact is if china could somehow break its pathetic string of misses. maybe we have to wait a month or two. here's the bottom line. it was ultimately an ugly session. but there were a limited group of high cards worth picking up even as they are thrown down by others this morning who just don't understand the way the game is played. there's always a bull market within these very difficult sessions. still, there were more capitulators than skilled players, and the overall market just couldn't take the pain of weakness in key industries, on this, another day where we feel the hangover of that beautiful friday morning, where employment was strong, and so were the averages, as we had total faith that the fed was going to do the right thing. double that w

can you believe that was only a few days ago? let's go to barry in illinois. barry. >> caller: jim, my stock is dell taco. after remodelling the company stores, taco upgraded the menu and prepares everything fresh on premises. all that came with a $40 million a year interest expense. with ten straight quarters of increased sales, taco was still in the red. june 30th this year, chicago levy organization paid off a lot of debt, reducing modified interest expense. after all that there was no ipo to get the street's attention. jim, they've got great plans, they're making money now. i'm a believer. i own stock and notice the warrants expire in november 2018. should i buy more stock? >> no. you can't. this is a stock that it's up a little bit for the year and a group that people decided, you know what, the restaurant stocks are very hard. and obviously you would think, well, wait a second, chipotle's troubles, make that can make

things good for dell taco. that's too simple. chipotle is an eco stock, a health and wellness stock that sells mexican food. people do not attribute any other company in that industry to that. i want to stay away from the derivatives right now. i just not going to help you. that's a risky stock. all right. there was a limited group of high cards in this deck today. companies have to -- you have to play the hand that you've been dealt. it's part of the money game. on "mad" tonight, a company that's got an insight like no other. then, if you're familiar with the show, you know rubbermaid is one of my faves. what could it mean? and oil approached lows hit in the heart of the great recession. is there opportunity here or after the kinder morgan dividend cut, more pain ahead? i've got the ceo. so why don't you stick with cramer.

>> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. navy navy.

with the federal reserve poised to raise interest rates for the first time in eight years later this month, we need to reassess a big pool of stocks. the high yielding bond market alternative plays that will become less attractive as the fed tightens. which stocks in particular? many of the utilities and pipeline stocks. those are some bond market alternatives. the same goes for real estate investment trusts. some of these are hanging in there and performing a lot better than you think. take federal realty, mostly in wealthy and densely populated areas like the northeast, california, florida.

particularly mall-based chains have been struggling but federal realty has been performing pretty darn well. it's up 8.4% of the year before distributions. in part that's because when the company last reported a little over a month ago, it beat wall street's top and bottom line estimates. it's incredibly well-run, well-managed company. people own this stock because of its consistent growth, as much for its solid 2.6% yield. let's check in with don wood, president and ceo of federal realty. welcome back to "mad money." have a seat, don. the real estate investment trust, the pipelines, all of them have been revealed during this period as not growth vehicles but as income vehicles. >> sure. >> and you need growth. you used the phrase, you're a five-tool player. i want you to explain that to our viewers. >> you know i get a little bit of abuse about the baseball

analogy because i love baseball. but in baseball, when mthere isa player that a scout is looking at, and he's got the ability to be a great hitter, hit for power, hit for average, to be a great fielder, to be able to do everything necessary to be a baseball player, good baseball player, he's known as a five-tool players. there aren't a lot of five-tool players in the league. i try to make the analogy to federal that way simply because i don't want to be dependent on any one thing. and we're not. it's why we don't do too much development. heats where we're very diversified in our tenant base. it's why we're not dependent on women's fashions or men's fashions. we try to be as diversified as we can in automatic ways. in the quiver we've got arrows we can pull out for lots of different things. the best that we have these days is a balance sheet that's strong as can be. >> and you borrow at a rate that no one else is borrowing at in your field.

>> we do. we're one of three, maybe four a-rated companies. and that's really important at times like this. >> we had a guest on, would you have our favorites, pvh, tough business, fashion. let's get your reaction to this. there's this death of mall theory that's really going around. can you shoot it down? >> no, i can't shoot it down completely. i think the issue that's going on is there are too many stores in america. and i don't know if that's 10% or 15%. >> so we're over-stored? >> yes. >> we know that you're a shopping center, not a mall, but that's important. what did you think of that quote? >> look, everybody speaks from where they're coming from. it's what they know, et cetera. and as you say, i'm not a mall guy, so i don't particularly know. i don't know the specific results in malls, et cetera. all i know is, it gets back to kind of where i was coming from. i want to be as broad-based and reliant as many different areas

as possible. for example, health and wellness. if you look at the soul cycles of the world today, look at what's going on with pilates and blue mercury, the value type of tenants like alta, nordstrom rack, not to mention food, and that's sit-down, it's qsr. it's different types of food. these are all non-amazon. by the way, amazon is looking at bricks and mortar stores. they've got one open. >> that's fascinating. >> it is fascinating. you actually set me up beautiful with the five-tool player analogy. if you've got the ability, and i think open air is the place, i'm talking up my book there because it's what i believe, if you've got the place cater to as many possible

sectors of the retail economy as possible, you're in good shape, particularly if you're in the locations that, you know, where demand exceeds supply. i do agree with him that, you know, and i've said this for a hundred years, america is over-retailed. and that's simply supply and demand overall. >> and yet you've been putting up 7%, 7%, 7%. if we're overstored, how is that possible? >> because real estate is not a macro game. it's a microgame. it's that street corner. it's that particular environment. it's that city, et cetera. and so when you start looking at things in such a macro base, listen, we're not portfolio managers. we're real estate operators. >> right. >> there's a big difference there. and as long as you stay -- it's a local business, if you beat up and worry about those details, you can do really, really well in the right places. >> why did we spend so much time

talking about waldbaum's and a&p? >> we had four a&p, waldbaum's, we had old shopping center leases. they are pretty restrictive. when i say restrictive, they don't let you get to certain things in the shopping center to redevelop that you can otherwise get to if you're in the right areas. so we went, when that bankruptcy happened, it was fantastic for us, gave us the ability. >> that's what was so interesting. >> let us buy those leases out so we can have control. >> it makes it much better looking. >> when you see a brick plaza, years down the road, a couple of years down the road, maybe not that long, compared to the old a&p there, you say, wow, why didn't they do that sooner. >> the last question, i know you're not into apparel or fashion that much. >> some. >> it's been very warm, not a great time for a lot of stuff.

>> look, i don't know. you've got to remember, we're the real estate guys. we're not the retailers. >> that's why i like you. i don't want your fashion. you don't have any. that's why don wood has made you so much money. >> i've got one thing. i have to say to you, you didn't like flower town, it's a great place in philadelphia. >> you turned that neighborhood around. i wish you had been there when i lived there. he's got the best portfolio of properties and he's a great manager. stay with cramer. coming up -- barrelling down? crude oil goes further today, the lowest point in seven years. can the drop continue, or is now the opportunity to get in on companies like exxon and chevron? don't miss cramer's take. in an all-new edition of "off the charts," just ahead.

despite all the negativity out there, and we know that's happening, boy, there are still great deals either happening or in the works. now these deals are occurring with underappreciated companies that are next thinvertheless do well, companies like keurig and rubbermaid. yesterday's $14 billion of

keurig green mountain by a family of european billionaires, is a manifestation of how undervalued companies are in a market that's being pulled down by interest rate hikes that have very little to do with a cup of coffee or with a blender and some playing cards and sharpies. all three of these companies have one thing in common: they're found in your home by the millions and millions of units. we may think keurig green mountain failed with the new iteration of its coffee maker last year and that kold, the fresh carbonated drink maker is dead on arrival. however roughly one in every five households has a keurig. this is not some one-off device. this is one of the great success stories of our era. you can make an awful lot of money on a device like that, at jeb clearly figures.

keurig green mountain just weren't able to fix their machines fast enough to preserve their independents. with this last quarter, green mountain had fixed a lot of the damage inflicted on them in 2014. not only that, but the company basically told you it was doing really well. but no one listened. the same people who hated it before that great quarter hated it after. go listen to that last conference call. it was insane. here's a company that admitted all of its mistakes, said they were corrected, yet still got no credit for what it did. i thought coca-cola would swoop in and buy the rest of the company. coca-cola takes its part of the deal and goes home. caribou and keurig, a match made in heaven. now, rubbermaid has been on the

new high list for a very long time. it has a fantastic set of products driven by innovation. i still don't think the stock was outrageously expensive, trading at slightly more than a market multiple. this is a different nuwell rubbermaid. it's a factory of new products that are integral to owning and investing. one of the few secular growth stories in the american firmament. the ceo did an amazing job, something that was predictable given his fantastic work at unilever during the period and unilever surpassed proctor and gamble. he's a nonpromotional guy. as you might remember from his humble but i thought forceful presentation when he came on "mad money" recently. but the company's brands like

sharpie and of course the namesake rubbermaid have become a fount of new products spreading their tentacles through the aisles of big box retailers. they're still thriving in an atmosphere where the rest of retail is struggling. meanwhile, i know it sounds like an odd one, but jardin has taken old brands and infused them with new life. jardin's stock became a big winner under the auspices of martin franklin, multiple visits on "mad money." although it would be wrong to credit him with all three successes. as jardin accumulated brands, it systematically beat the numbers. the stock only turned positive for the year last week. this jardin/newell/rubbermaid merger, i like it because it

allows these two companies to bargain better with the walmarts. the walmarts are always trying to wrest the marginal profit away from companies like these. but if they get together, that would be just a match made in heaven. it would be -- you know what? it would be a very successful mix. does that not work well or what? that sharpie didn't hold up all that well. anyway. i think both deals are fabulous for shareholders. all three of the executives involved should be applauded. they have to do these deals. their stocks could have ultimately worked their way higher. but they wanted to get higher faster and escape the tide of negativity that surrounds the entire market, the pall of gloom. what they really want is to make good money for everyone involved, including themselves. thank you, keurig green mountain, and good tiedings for

jardin and newell rubbermaid, providing they sign on the bottom line. i'm calling martin franklin right now to get him here to fix that. maybe he'll bring one of those traveling margarita machines i like so much at home. just kidding. well, okay, i have one. tony in california. tony. >> caller: jim, booyah. this is tony in west lake village, california. >> how are you? >> caller: i'm just living the dream here, jim, love it. i want to congratulate you on your incredible access to top ceos, it really helps us home gamers understand what's going o on,. >> didn't that make a lot of sense? he was so good. the stock moved up instantly. >> and jim, you do it all the time. it's what makes "mad money" the best business show on the air. >> thank you so much.

we're sure trying hard. we always struggle every day to comes up with something that helps people. how can i help you? >> caller: you recently made some suggestions about what ibm could do with the cloud. they made acquisitions which did not immediately and dramatically improve their growth. what about a rich company bol y ly plunking down $75 million? it would certainly enhance shares and shareholder value. >> they couldn't do it. they didn't have the money. they're the ones who are so committed to making small acquisitions. that's why it's so hard to move the needle. there are other companies that would be fabulous if they bought. but they're unwilling to spend the money. i like this combination. you know what? you know what might be a super

combination? how about if all of them got together? that would be -- man, isn't that dynamite? keurig and the news rubbermaid, the stocks would have gone higher on their own but this makes them go that much faster. i've got one company that wasn't swayed by the sea of red ink. plus oil hit a major low today. how low can it but before it's unsafe to ignore? and tonight's rapid fire edition of the lightning round. stick with -- mmm, cramer!

after a prolonged period where the pipeline master limited partnerships have been stuck in a house of pain, the price of oil went down below $40, a seven-year low. some of them found their footing, including nelk, which went higher earlier in the day after their general pattern

announced plans for a deal that will significantly boost earnings next year, although it gave up most of those gains by the close. the stocks trade together in lockstep, even though many of them are in much better shape than they're weaker brethren. emlink partners has seen its stock fall 55% to date. a lot of that selling might be undeserved. it has a diverse geological footprint. the important thing is that 95% of this company's contracts are fee-based. it's effectively a toll road for energy. it's levered to the bottom of commodities that are being transferred. there's very little exposure to the price of oil and gas. it currently gives you a gigantic 12% yield. the stock price has been punished so heavily in the past

year. the weakness might be exacerbated by this evening's disastrous kinder morgan dividend slashing from 51 cents to 12.5 davis. let's check in with barry davis for more on what's happening in the company and in the broader industry. good to see you. >> thank you for having me. >> kinder morgan is a c corp. everyone is going to be buzzing about distributions being cut. why should we feel that enlink given the fact that kinder morgan said it was a toll road? >> you were kind enough to give me an opportunity to come here and tell our story. i told you we had created a unique and well-positioned mlp because of the financial strength that we had as an mlp, also because of the unique and

strategic alliance relationship that we have with devon. thirdly, broad scale diversity of assets, and lastly, great growth profile. those things we think really are what differentiate us. we've only gotten stronger in the last two years. >> this acquisition, were you able to get it at a good price? kinder morgan was making acquisitions, they kept saying they're buying at depressed prices. is this a case where you had a seller who had to get rid of it? >> jim, this is a great opportunity to highlight the relationship we have with devon. because of working with them and that partnership, we really feel like we know this asset and we know the technical assets of the play better than anybody else. i will be very clear, though,

when you buy top tier premier assets in premier locations, you don't see the type of degradation of value that you might see in some other places. so this isn't a firestorm sale. we believe this is a buying of a really quality asset. >> let's say the goldman scenario of oil at 20 happens or that natural gas breaks 85 cents. how does enlink do in that environment? >> we're financially strong, first of all. the resilience, the stability that we have comes from a well-contracted platform of assets. you said it in the opening. 95% of our gross margin comes from fee-based. that means simply units per margin of throughput. so it is a tollway structure. secondly, the diversity of the assets that we have. we have three growth areas today that are going to grow we believe in any environment. in fact the delaware, northern midland basin, and central oklahoma, with the tall observing assets, and louisiana, which is primarily a

demand-driven system, we're serving in-use customers. we believe those flee arethree will continue to grow. >> we've seen a lot of people questioning the model, people say listen, they can't borrow as much as they used to and they can't keep issuing stock because they're sick of that. how does enlink thrive in that structure? >> we've just announced a $1.5 billion transaction. we have prefinanced the entire transaction, including the first 500 million of capital growth that we have on the asset afterwards. we did that by strategically patterning with tpg capital and goldman sachs, making an investment through this transaction. we think we have access to capital going forward. and we don't have to access the equity markets in the near term. >> what's really happening here? i mean, you know the group's

being crushed in these mlps and etfs. they're destroying people. as you sit back, do you say that -- are there many companies where the distribution is going to be cut? is kinder an outlier? it's not an mlp, but are you going to see many of the walking injured? >> there really has been a differentiation -- or i'm sorry, there has not been a differentiation to date between companies. >> right. >> i was in a meeting recently with one of our large investors. i was telling of all the good things that we had going on. and as we kept going, i was getting louder and more intense in terms of trying to demonstrate all the great work that was being done. he final said, hold on for a second, we love the work you're doing, but let me tell you, right now it doesn't matter. the investors are waking up every day to a terrible market. so we have a dislocation. i think in time we will see a differentiation. there will be the haves and the have-notes. i think the tpg capital and goldman sachs investment in us

is a demonstration of the ones that want to be in a platform that's got an opportunity to do great things. >> maybe that's the final thing that people have been waiting for. i think that enlink is in very good shape. barry davis, president and ceo of enlink midstream. i thought richard kinder wasn't going to do what he did tonight. the group to own, right now, as barry said. "mad money" is back.

>> announcer: lightning round is sponsored by td ameritrade. [ bell ringing ] >> it is time. it is time for the lightning round. you say the name of the stock. i don't know the calls or the name of the stock ahead of time. i tell you whether to buy or sell. when you hear this sound -- [ buzzer ] -- then the lightning round is over. are you ready, skee-daddy? time for the lightning round. let's start with al in north carolina. al? >> caller: hi, jim. my question is i bought hasbro about a week ago and the stock has been going down since then. >> i've been favoring mattel over hasbro. i think hasbro had too much

"star wars" hype. i might get reversal but i do like mattel more. curtis. >> caller: happy holiday to you and the "mad money" team and a special thanks from u.s. military for your support. raythe raytheon? >> raytheon is the one seeing the best orders from the middle east and europe. stan in florida. stand? >> caller: hey, jim, i want to get back into gw pharmaceuticals. >> remember, this is the most speculative of the stocks. when the speculation is hated, this one goes down a lot. they do have medical marijuana, and their epilepsy products. it is a spec and nothing more than that. let's go to maddie in new york. >> caller: hi, jim, love the show, thanks for taking my call. >> thank you. >> caller: mark west energy merged with marathon oil. the new merged company, mplx, a hold or a fold?

>> we have to be very careful. let's see what happens with kinder morgan. even though that is a corporation, not a limited partnership, that would impact that whole group because they all trade together. let's keep our powder dry until we see a real bounce. let's go to ryan in washington. ryan? >> caller: jim, booyah. >> our favorite is lamb research. we think they've got that combination that is really fantastic. dave in north carolina. >> caller: booyah, jim. bdd? >> i've hated this one for 50 points, i should have hated it for a hundred points. not my cup of tea. ernie in illinois, please. >> caller: dr. cramer, how are you. >> right, right, right. what's going on? >> caller: fedex took me to the

poor house. >> they are crushing the transports, just crushing them. we've got to give them a couple of days off. my favorite one here would be ups when it yields 3, it's a 2.89. that is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. like a custom screener on your desktop, that updates to all your devices. and you can share it with one click. wow. how do you find the time to do all this? easy. we combined every birthday and holiday into one celebration. (different holidays being shouted) back to work, guys! i love this times of year. for all the confidence you need. td ameritrade. you got this.

what do we do with the oil stocks? they're in free fall despite a momentary respite today. what happens if we're too negative? that's why tonight we're going off the charts with the help of sue smith, a skilled technician. smith is a very bold contrarian. she thinks the sentiment surrounding crude has gotten too costly. she's not saying rush out and stockpile barrels of oil in your basement. fire hazard. she's not pounding the table to go all exxon or chevron. consider the daily index for crude was at 6 yesterday out of a hundred. the last time people got that pessimistic about oil was in august when we had a big meltdown followed by a rebound. that's why smith thinks you need to view this moment of panic as the opportunity to gradually

pick up some quality oil stocks in the weakness. which of the oil names does she think are worth owning? she's noticed a diversion between the price of oil and the performance of certain oil companies. despite getting plastered over the last couple of days, they bottomed when oil prices plunged last august and last october. but the price of oil is lower than it was back then. stocks are higher. let's just go through the charts. to smith, this action suggests a good relative strength. institutions seem to have let up on their selling. let's consider chevron's weekly chart. after a tremendous rebound in october, okay, look at that, it was big, chevron climbed from 76 to 97, the recent onslaught has caused the stock to give back a decent chunk of its gains. smith points out it happened on lower volume. you see the volume drop off

there. remember, volume is almost like a pommy grappolygraph. smith thinks chevron is in the process of making a bullish flag formation. the stock moves up almost in a straight line followed by a period of consolidation that looks like a pennant, which is exactly what we have here. as long as chevron managed to hold on to the bottom of the pennant at 85, this pattern could complete itself, setting the stage for the stock's next leg higher. chevron has a yield and they've acid they're going to stick by that yield. i think the dividend is really safe. next up, the daily chart of the big daddy and the most conservative company, exxon mobil. even after the recent carnage, smith believes exxon is nearing a golden cross. i see a head and shoulders but she sees a golden cross. what she's doing is looking at it 50-day moving average, that's the short term, and the 200-day.

it's one of the most bullish things that can happen, because this could cross. that would be a golden cross. by the way, the full statistics are down at the bottom, it indicates exxon has gone down too far, too fast, and the stock could be good for a rebound. finally, check out conokayco phillips, which technically hasn't been an oil company since three years ago. it managed to make a high or low in october, after bottoming in august, okay? so that's what you have to look at there. however, after trading sideways for a couple of months, the stock traded below its average last week and is fighting to regain its footing. smith believes conoco is less than a buck below where it's currently trading. most importantly, when you look at the full oscillator as well as the relative strength index, rsi at the top and oscillator at

the bottom, you can see that conoco has gotten to extreme oversold territory. i know right now people are terrified of all things oil. but when everybody is panicking, it pays to start buying these three big guns of oil. it's a bold prediction and i'm not a big fan of anything fossil these days. but a bounce? if these stocks don't go down on the kinder dividend cut and oil inventories get reported tomorrow then i think he get a bounce, although it might be of the dead feline variety if there's no crude follow-through back to $40. stick with cramer. er to remember sales event is here. lease the 2016 es350 for $349 a month for 36 months and we'll make your first month's payment. see your lexus dealer.

all right. a couple of keys to this market. when oil was down, the whole market was down, oil started going up. the market rallied. it don't go all the way so of course the market topped. but the nasdaq did well. why? because when the economy grows, people want super growth. where do we find supergrowth? on the nasdaq. tomorrow we'll look at kinder. it was a very jarring dividend cut. i like to say there's always a bull market somewhere and i promise to find it for you right here at "mad money." i'm jim cramer. see you tomorrow! lemonis: tonight on "the profit"...

standard burger, come on down! ...i'm back to check on the progress at standard burger... how you doing, sir? good to see you. joe t.: good, brother. you, too. lemonis: so far, i've invested over $400,000 in this quick-service restaurant to make it a model for a national franchise. but what i've put in place has gone off the rails. sammy: bad burgers, bad fries, bad customer service... for the last 90 days, it's been [bleep] lemonis: and the partners are too busy fighting to fix it. joe t.: i'm the guy that's here every day... sammy: right, what's your problem? joe t.: ...and you're the guy that shows up once a month, that's what it is. that's the problem. lemonis: we have a big opportunity to grow this business. we have a franchisee scheduled to come here, but it looks like chaos to me. but if these guys can't grow up... sammy: i laid out all the kitchen equipment, designed the entire space -- joe t.: i know. if it wasn't for you, we'd all be up the [bleep] creek without a paddle.