disappointing. >> the giants didn't show up yet at home. it's a terrible sports day for us. >> very sad. >> but it was a good day though that bull aisles target. thanks so much for watinchg. see you back 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. promise to help you find it. "mad money" starts now hey i'm kraurp welcome to "mad money. welcome to cram america. my job's not just to entertain by to educate and teach you. call me at 1-800-734-cnbc or tweet me @jim cramer did we get slammed today or did

stocks shift through levels and get cut back give me a terrific opportunity to pounce at weakness. on the clearly not so hot day, with the dow lost 54 points, the s&p declined 4%, nasdaq climbed 6.4% i think it pays to be optimistic in and out pessimistic about the stocks of companies that deliver good numbers which is why you need to circle back wen they come down on weekdays like today. first, you need to know what the winners and losers look like so you can distinguish them let's talk about what's working and what's not the winning season of what's going to be ahead of an amazing week, it's the stop companies that are suppose to support sub par earnings

the makers of seagate stock sored into the stratosphere with with good reason after reported. it was supposed to disappoint, it was suppose to flash its forecast, that's why there are almost no buys on this stock seagate reported to hideous quarters in a row and deals in a highly kmodtized product distrust western ceo went to -- giving them a ton of exposure, the red hot data center. this quarter, seagate gave you encouraging signs about its data center business. no one saw that coming that's why this stock rallied so big. it was hated it got a monster 12.6% move. remember the set up, hated company, hated stock, big move

up the pin action off of seagate's incredible numbers was just shocking first obviously western digital stock took off, we got another leg off in the semiconductor place. intel about best examples. intel's aided by the fact their processors going through the same computer as seagate's drives at the same time the semiconductor stops were the semiconductor prosecute unit follow last week search, the phase semiconductor phaser reported a number of quarters it's now flying higher so the applied materials these are extraordinary moves. remember this positive connection all occurred,

although it was a pretty ugly day. next up in terms ofexpectation and disappointment, the f-cord the power company behind nor face, van, and many other brands just a total blow out, causing the stock to go to a all-time high a% gain led by international sales, especially europe as scott rau, the cfo explained the big brands grew by double digits listen to this from the call i quote, the underlying position for vans across the globe is unique what gets us most excited is how this deep emotional connection, coupled with the tribal nature of the advance valley will

continue to drive exception fall performance, end quote if you heard anybody say that about nike or under armour advance isn't the only sneaker line on fire, last week we saw a remarkable move in a stock of skechers for the same reason people thought they'd blow it. now skechers went from 23 to 34 on friday alone, yet the only winners here are the old losers. you need to understand that vf corp is such a big supply, there's pin action here too. pbh, very similar win and similar winner, we also saw excellent buying in department store retailers. sustainable i don't know, but stocks like target and walmart were able to rally because they're too cheap versus the rest of the market, and vf corp sells into them so they say maybe things aren't so bad these stocks might sneak up

until amazon says boo, and go back down again. amazon says boo on thursday when we get this report card. this morning, cramer charitable trust state illinois tool works reported what looked on the surface to be an excellent quarter. couple of the businesses didn't hit all cylinders and the stock run up going into the quarter. when there was a whiff of disappointment the stock fell four points at the opening then the company explain itself with a coverage call you got to listen for a call before you trade and 7 points from the low, that was over before noon it settled up only 48 cents but that was the only money to be made today was the first down day for ibm after its report this decline wind up being an buying opportunity for those of you who don't own it, don't buy

it all at once buy it in stages. last week, we had a ton of people speculating j & j would disappoint the company didn't it reported a fantastic quarter. stock shot up. had a day of pull back, recharge the stock of dan her, similar path reported two quarters where everything was strong except its dental business. this time dan her delivers expected time of dental. why on the down day do i like these situations so much we already know the quarters are good there's no guess work. i'm trying to make this report season easier for you not harder so now, let's define what's not working. first companies where there were hopes, even high or low hopes, that they would define gravity let me give you the two i think

are more stand out so you foe what going no r and what to look for. proctor & gamble fit that bill it got slammed last week the team of proctor and gamble made you feel good about the company's prospects. when i went over that quarter on friday was truly let down. the company doesn't seem to realize, we're living in a more competitive world. they talked about it but not acting as if something's urgent there. finally the companies that were supposed to do poorly and they did poorly these are suffer the stock of united airlines was supposed to lay an egg and it stinks stock was at $80 during the summer then you have the elephant in the room that people seem to be confused about, stock of general electric there's two parties of the ge

store, the bad quarter and the bad year that's coming then there's reputeuation in the previous regime. the stock went down first friday because of the guard down, then there was a breath of fresh air which is the new ceo he said the prophesy and the lag of rigor was over. the problem, one of the worst parts of ge under previous regime was that the finances i felt didn't always reflect the underlying deterioration a deterioration so ugly, i believe the dividend need to be cut shortly if the company wants to grow its company next year. flannerys can do flanner flannerys candor can only get you so far in those who want a bottom fish friday has to recognize, we're still not at the bottom. look over your portfolio, are

the hopes low for the stock? that's very good are the hopes high be very careful. expect the most for companies on the stocks that have disappointed in the past in the immortal words of the stock ge enkourjt they can't take that away from you. ron in ohio, ron >> caller: jim you are the best thing on television. the two staffers that you have that i've talked to, catherine and kevin you need to give them a raise. >> i wish i -- you know what we are always marveling on how great our staff is they make me look good how can i help >> caller: i have a 13-year-old that's got a mutual fund he wants to spend about a thousand to invest in a couple stocks we try to as you guys do teach,

hay invest in something you like game stop is one, gme, act vision blizzard, tech too interactive and electronic arts which is ea. of those four only two give a dividend which is a game stop and act vision acty vision the dividend is only half percent g and e is big at 7.5. >> i'll tell you ron, a younger person doesn't need dividends, because a younger person should go for pure growth activism is up great growth. arts is up a great deal. act vision blizzard is the right one. that's the one i think you should go with unless we suddenly get a huge pull back from take two.

but not gme. who else sneezes on t.v. besides me as we dive into the biggest earnings week of the year, look into your holdings, if hopes are low that may be a good thing if hopes are high be prepared for disappointment on "mad money" tonight after its worse day and months there's no final games for hasbro i'm talking with the ceo after earnings then there's a hidden gem in the oil and gas sector that can help you evaluate your investments in this space. and self-therapies have been in the spotlight following a $12 billion buy out. speculative bio tech getting in on the action. on the action. stick with cramer.

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when the sports authority went bankrupt last year that was a sign of impending doom for athletic apparel space i bring this up because last month toys r us filed for bankruptcy we need to worry the same thing may be happening all over again in the toy space even though toys r' us has problems the same is true sports authority. the stocks it has put on mattel got clobbered on the news. the stock plummeting 8.6% after reporting its most recent results. what happened? the toy company that has a fabulous relationship with disney, delivered some strong headline numbers for $1.96 basis. however management gave much

more weaker than expected forecast for the entire holiday season here's the thing, the store's been a phenomenal long-term performer. even though it's down the stock is still up for the year should we will worried or do we need to view this pull back as a buying opportunity let's take a look at brian goldman, the chairman/ceo. mr. goldman welcome back to "mad money. >> hi jim how are you doing? >> this was a hard quarter if you were to say toys r' us would have a decent balance sheet the conversation between you and me would have been about a quarter blow out do you think that's right? >> we did have a strong quarter, revenues were up across our different regions and brands category our franchise brand grew

what i said on the call that had this happened earlier in the year we could have made a plan for the holidays this has to do with the fact that as we approach the holidays, 60 days away we need to go through the and make a new revised plan with the toiz are us folks and make a new agreement. it might be a little more muted as we work through that plan >> we know from what happened with sports authority it's different tonal jiez that a lot of inventory of sports authority ended up being online, amazon, ebay can you control what toys r' us is doing it seems like the toys r' us is better off than sports authority. what happens is foys are us go outside of business? >> toys r' us has been a great

partner for us and is growing. we're making big and differentiated products that is going into foot prints around the world. to stores, dollar stores, mass retail and of course online. online we're buying decisions with new price points and innovation on our price line what we're seeing is growing retail environment in 2018 andon we don't see this as an issue. >> my little pony to me seemed successful tell us about that initiative. >> our idea is to continue to tell stories around our brands my little pony we tell lots of stories in television. we produced our first animated feature film, distributed it through lion's gate and it's performed quite well

our consumer products business is up, our toy and game business is up. we're seeing a good box office home entertainment is a new category for us and it's a category that's been growing across the industry. we've seen how other major studios, home entertainment, windows, more powerful for the toy and game business and we believe that will be true for our business not many investors and partnerships and studio not willing to invest with us >> let's talk about that is bruce and disney stock in the face of espn, somehow the toys r' us thing overshadowed that too. the slate looks great for you. >> the slate does look great we have another movie coming, "the last jed eye" next year we have a number of great marvel

films that begins with "the black panther" in february a movie in may and our "bumble bee" movie that comes nextholiday. we're very excited about our prospectings we've continued to grow ahead of the industry over the last couple years, year to date and we believe long-term we can continue to perform at this level. >> i was surprised uk, i guess that's brexit, brazil, i didn't realize they can have that sort of impact can they get better within this time frame we're discussing? >> yeah, i think they'll get better over the next year or two. consumer spendings been impacted over the industry. in brazil, same thing, social unrest and economic situations that have definitely impacted our business but again, long-term, we've been able to grow the important

markets for us we've also grown in europe overall, 3%. latin america 18%, and grew in the asian markets 8% this past quarter. we've had a strong track record growing around our region and the u.s. business grew appreciably as well. strength-to-strength around the world. >> i want to turn to toys r' us. the impact of toys r' us is disruptive and we paused shipment for a short period as we gained clarity on a situation. would that be -- that surprise me it seems like toys r' us was kind of organized. did you have any notice they were going to do this? >> no, we didn't know it was going to happen. obviously whether you first hear about this you take a few days off. we wanted to understand exactly what the impact might be its taken us a month to get a plan together and a new

agreement with them which we've signed a few days ago. we wanted to be clear we are making a new plan with them, we are shipping them, their partnering with us, we believe we can grow together we had to relook at our plan given how close we are to the holiday. >> all right brian goldn.ma thank you so much, sir stay with cramer impossible to ignore.

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underlying commodity for months. maybe they're starting to get some momentum. the production in etf, the s&p has gained 13% since the lows in late august. so, could this oil rebound be for real every time energy criminal case h crisis -- crisis have tried to rebound it's stalled out right about here it reach the low 50s start selling at the $50 level, the price of crude comes right back down like clock work. no wonder the stocks got whacked again today. as by as usual for 2017. how do we get say a read on these short to medium to longer terms. in other words, not today's trading. we listen to honest broker --

the world's largest firm which just reported on friday morning. every earning season i tell you to pay attention to this particular conference call nobody gives you an insight to the injury as slummer jay. they've been having a rough time lately much zbreebl by chart bl trust stock bottom nearly in 2016. so far in 2017 it's given up all of those -- including nasty cell phone friday after reported when oil was trading in the '20s, slumber jay stocks were orlando $60 a -- only $60 a share. i think that's wrong i think the stock is wrong the company's right sized ages

ago, but now all of this is being dismissed, management hadn't had a clue and seen the current situation coming ages ago. i think a lot of the people misread in the last quarter. it's slightly high than expected sales, up 13% of the year. and in north america up 18% versus the previous quarter. what we care about is the guidance and complementary on the conference call. the guidance was sub op tum. when anything else, us asked how comfortable it was with the estimates the answer was not what people were homing for. kim guards told us, quote, we generally expect what we've seen in the third quarter monitored by seasonality in north american land we expect to grow but i think the growth rate was slow.

partly due to the fact we had to -- our fracking equipment depending on the holiday season, end quote. also called for declient in the asian bids i think awesome year end sales this year will be lower. if you look at the q4 consensus as it stands today it's potentially on the high end. end quote. nobody likes to hear the estimates are going to be cut. i wonder if the sellers were blowing these comments out of proportion she lumer jay was -- we always look to the stock for its general commentary on the market as the largest oil company in the world they tend to have more insight than anyone else in the industry and the management team is respected for telling it like it is. when it comes to the broader industry the conference call was

quite encouraging. kim security gua kim skaurd noted -- and the inevitably growth in the enp even better it account, quote, while the timing pace of recovery is not clear we now see a number of con investigator market factors that make it impossible for the business, end quote. none of that was covered no one focused on that when the oil stock was in trouble, the company was stating how bad the business was now if they're now saying the market is finally points for long-term improvement i think they've got a lot more credibility than wall street's giving them. why does kim feels more

positive, he say rising -- for oil. at the same time the supply situation's lot less dire than it might seem. for years now, every time oil's tried to get a sustained balance going it comes back down now the company's telling us oil inventory's trying to get under control. now with so much spent on production, the production growth coming in lower than expected because the equity market window is closed to these companies. too much money's been lost speculating on them. our domestic companies have slowed down their investment and new projects and while that's not great for slummer jay term it's -- that's why the company cut it growth forecast they're expecting a hundred

thousand bowls to come on there year international investment oil infrastructure been so low that the company will have to pick up in the future or it will fall off a cliff as these oil fields get all over quote, we are turning increasingly positive on the outlook for oil on our global business, end quote. wait a second, that sounds encouraging to me. how come the stock's trading near when it was in january last year, well because the analyst ripped into this issue where they have to call manager and customers oil field in order to get more resources out of the ground this business is like a typical enp which can make it more risky when times are bad the numbers for this division has been up 15% this recent quarter. management got question after question production of

management division. with the amount of fretting about the money the company's spending or the possible risk in the competition for customers. i think that's nuts. given the strength they should be patting management on the back i think the weakness in the stock is a classic case of investors and analyst missing the treason. we talk a lot about stocks on matd money being wrong i wish they hadn't bought back so much stock. yes, it's not good for near term numbers that oil producers spend less on drilling but the larger complementary was more bullish than some people need to realize. after spend lg years in pergtory some say the oil industry is about to get back on track plus, the stock is ridiculously cheap at these levels, certainly historically and history matters. bottom line, the best thing that

happen to the stock recruit can go higher. the company leaves we're getting there but the industry needs to experience near term pain first. the stock trading at 62 bucks, i'll take it we're telling the members of dot com clubs, i'll take it. the best stock in the entire industry let's take questions to tony. >> caller: hey you hit the big leagues how about your "lightening round" on p bs energy >> that's actually a very very complicated one and i try to stick with the majors, particularly valero. this is hard for me to -- it's a local company. let me get to work it's down the

block from where i live. you know i've been emphasizing the big dogs michael in california. >> caller: hey jim what's up myquestion is chesapeake energy it initially had a good rally now it looks like it's crushing. i'm wondering if you think i should hold on to it >> chesapeake is entirely function of the weather. we didn't have a hot summer we didn't burn natural gas. we didn't burn natural gas that make chesapeake miss the mark. it's just not a great investment in it it's that leave her to the weather, let's just say i don't need it. we're finally seeing life in the oil and gas industry slummer jay is bullish much more "mad money" ahead. almost one out of three people in the u.s. will develop a disease called shingles.

one company that's a hand in the new therapy that can treat the virus. then a battle is heating up. congress slashing tax reduction ks for your retirement plans trump said no way. and all your calls rap fire on tonight's tradition of the "lightening round. stick with cramer.

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just last week, a major win scored when the fda approved the new therapy truck as a treatment for lymphoma we've been talking about these cancer treatments for ages tonight i want to circle back to

another company in a similar space. there's a explocompound that ma vaccines so effective by revving up that you are immune system. one of things that make cancer so hard to fight against, cancer cells is grown from your own body that seems work by teaching your immune system what to target and that's where janis comes in. i work on strict cancer cells of the ability to hide from your immune system. the company's lead oncology vaccine from blast tony which is life for brain cancer is going through phase 2 trial. the former just received fda approval on friday there's a lot going on but i

have to caution. this is a tiny company, speculative stock, be extremely careful, do your home work let's take a look to find out more about how his company's doing and where it's headed. mr. army welcome back to "mad money. have a seat. >> thank you very much >> gary, we got to divide things into both the new company, new subsidiary and also the success you're having with the vaccines for some of the more traditional drugs. i want to start with the cell therapy because everyone's excited about these kind of new therapies. many people didn't realize them until you did this that you got an interest division, it's working. >> yes, as you know jim, cell therapy's exciting because it's curing previously incurable patients, particularly young people as one of the reasons you eluded to, gilead paid $11 billion for the acquisition of kite.

in our case we have working on this program for the last 2.5 years. we generated a pipeline of very exciting cell therapy programs that's one of the reasons we're segregating it so we can have our own atlanta in the business -- talent in the business with its own focus and the ability to be able to fund it separately. >> will this be a company where people trade publicly or is this something you believe different companies might want to invest in that company. >> it's premature but i think it is a highly. [ applause ] bl plausible possibility >> now you got the shingles vaccine, are those going to be a cash cow to form their own therapy? >> as you know we talked about

this last time malaria is -- >> i mean you don't want it it's not the right call -- >> absolutely. whereas shingles is a major problem in the u.s., weren't europe and even in japan there's a lot of money to be made there we sold a part of our royalties early on about 2 1/2 years ago, however it was a very very smart transaction because these royalties are repurchase bl and our conviction this is a multiple billion dollars opportunity. it's possible we'll structure that arrangement in order to be able to capture the cash flow. >> let's go back to ageneral tis. are you working with particular research centers on this hospitals? or is it too currently for that? >> we're working with hospitals because it's a collaborative effort where we need human tissue sample and these

hospitals provide us with that that allows us to have a look into what are determ nants of targeting precisely what are the relevant markers that distissue certain cells with others, the answer is yes. >> this could take multiple years, not speaking of anything that's on the horizon within six months >> cell therapy has moved very rapidly so it's very con receivable, first of all we'll be in the clinic next year it's con receivable within two years or so or being in the clinic can have a filing our anti-bodies, we expect to do our first filing in 2019

>> fair enough i want everyone to do that homework, this is an interest speculative stock. that's gary aleman "mad money" is back after the break. dynamic performance, so you can own the road. aggressive styling, so you can break away from everyone else.

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it is time, it is time for the "lightening round. play the sound and then the "lightening round" is over are you ready? it's time for the "lightening round. dennis in michigan dennis >> how jim, mgm and mgp which pays 5% dividends has taken a dip due to the event in las vegas. booking and conventions stay strong and both are still in other cities your thoughts on buying? >> i think there could be lawsuits here. i do prefer wynn, i do prefer the mgm weak because of the comparison >> joe in texas. >> caller: jim, this is joe in texas. two quick shout outs, one to the

christian faith whether it be work or market and my beautiful fiance lauren the most precious available aspect of my life. >> i like faith. how can i help >> caller: in light of your recent bearish jut look on the sector i want to get your opinion on one of the sector's outperformance pilgrim pride. >> i'm one huge believer in protein and i think it's a winner rob in indiana >> caller: yea cramer how are you? >> i'm good how about you? >> caller: i have o'riley stock. in the newspaper a couple days ago it's not doing so good should i sell it now >> i think you should sell the fact that amazon really does want to be in that business. let's take one more, bob in missouri

bob. >> professor cramer. i'd like to know about sterile lgs. >> sterling is a very good situation, one that i have repeated liked more is monomar yet that materials, sterling will do well and that ladies and gentlemen is the conclusion of the "lightening round. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? round" ut of the couch. ut of the couch. help from real traders. only with td ameritrade.

what in the world is

congress thinking. first i want to save money on tax cuts by getting rid of the state and local deduction, punishing parts of the country who live in high-tech states never want to take away our 401 (k) before the what's he can is that. seriously, what genius came up with this idea the whole point of a 401 (k) plan is that your contributions for tax deduction bl up to 18,000 a year. they want to slash that to $2,400 it's hard to think of a way to pay for the massive tax cut while helping the middle class but if you're -- 401 (k)s you're

punching into individuals who save that's just crazy. they sought more than $5 trillion in these plans, they're widely viewed as -- so it seems politically unthinkable even as the table say it might be inevitably. this is another example of why i think congress simply can't make big time tax reform a habit. you want to pass a huge piece of legislation you feed to have as fewer enemies has possible your tackling with this 401 (k) benefit and the service industry many will defend this to death, it's their honey pop the defense will be surprisingly easy, easy because of the rationale of 401 (k)'s

congress did something very right back in 1978, allows individuals to pay taxes up front or using preterm earnings. knowing many companies will continue their own pension plans, the money will still be taxed. but the rate of withdrawal presuming it'll be retired requested the lower tax brackets which usually mean saving which is something our country isn't good at. republicans can say they aren't tamp erg with the ability to -- the whole 401 (k) you pay using pretax income. whether you turn 50, the pretax contribution expands $24,000 a year so down to 2400, that's about as unpalletable you need the wheel of bloody --

50s in this country often consider to be the most challenging group for savings ahead of retirement. so, for all of those reasons i think there proposal to make 401 (k) contribution taxable at a much lower level is dead at arrival. the most important take away, the guys running this process in congress, some can say they're clowns they should have flown this, to me it mean it is only way we're going to get tax reform is if it's much smaller than what we're currently being promised small enough it doesn't have to be offset by something popular like this. it almost seems like the republican leadership wants tax reform to fail there was no denials about this potential slash by flyanyone inh house gop membership this proposal will end up being on the butcher block and it

won't get done even by some miracle tax reform passes, but it is a tremendous example of what's wrong with this whole process and why i remain steady fast that you focus on corporate profits and not corporate welfare from washington. stick with cramer. get 4 unlimited lines for just $40 bucks each. taxes and fees included. and now netflix included. so go ahead. binge on us. another reason why t-mobile is america's best unlimited network. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. fidelity. ♪

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♪ after the bell tonight whirlpool the appliance report, the housing group has been strong so that could put pressure on those stocks remember, we had real pressure today on facebook, amazon, netflix and apple. what is that about, the stock of companies that people think are doing really well are under pressure here. let them come in there is no hurry to buy any of fangs. there's always a bull market somewhere. i'm jim cramer and i'll see you tomorrow

>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ he's hoping to whet the sharks' appetite with his idea. hello, sharks. my name is les cookson. my product is the carsik bib. i am seeking a $30,000 investment in exchange for 15% of my company. now just imagine for a minute, that you're driving down the street with your beautiful little child here