virginia tech. >> thank you for being here. >> nobody puts tim in the corner. >> at&t sell it. >> there you go. steve grasso als make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach so call me at 1-800-743-cnbc or tweet me @jimcramer. >> what do you do on a day like today where the dow dipped

167 points nasdaq lost .52% do you use this weakness to take a swing? or do you recognize we are up so much that it is too late to take a profit or it is not too late it is hard to figure but let's do it together let's figure together. you have been waiting for a pullback to do some buying i am going to -- right now, this is your moment i think we can get through it okay i bet there will be some damage and you know what, that damage is your first chance for long-term investors to buy into weakness this year and i am telling you, i want you to take it i am recommending any additional pullback to put money in an

index fund that mirrors the market i would put a little bit each day. this is a full crom week when we get a dip, that is your chance to put retirement money to work. we have had a market that is going straight up. i don't think the odds favor another leg up at this moment. we are far more vulnerable to let down not that we are coming into this morning session because selling begets selling for so many people which is why i am trying to get you to use this week and next perhaps as a way to contribute put money to work a little each day. $2,000 to contribute, use half of that this week and then wait to see what happens. i am not discussing the idea of taking money out for retirement. we have tons of baby boomers who grew up thinking you need to

shift your money to bonds or else you don't have anything left for retirement. i'm telling you that is wrong. instead high quality stocks with bountiful and growing dividends that can be reinvested is the way to go. let's go to impact the s&p 500 and that is your chance. some might argue with the ten-year treasure bonds highest in three years thus deserves to be part of the yet. and i say not yet. there will be a time when tro treasuries make a difference and yes, i started with index funds because on twitter for the last few days, i have seen way

too many people wanting to buy what i consider to be junk so i am starting with index funds. i am not talking about junk bonds. i am talking about junk stocks and for those of you who are already there, we have got to tackle some stocks head on right now. so let's start with the elephant in the room. let's start with apple this thursday, the largest company on earth reports and i am saying, i am indifferent to the quarter. i know that sounds like the equivalent of punting on fourth and two. betting the defense can stop the bears and you get the ball back. let me tell you why i have this position and it is not necessarily a change from where i was, some of you may interpret it as that

but it is important. first apple, the stock, not the company has been set up to fail. so many analysts have said this company has a super cycle going for it thanks for the iphone eight and the iphone x this is like the old sports illustrated curse. that superstition has been fallen to the si wayside the last three super cycle designations in stock were one call going into the 2011 collapse peabody energy, then the largest coal around would talk to

anybody about the coal cycle the fracking sand and oil super cycles were about the price of cued going through the roof. a few months after we started hearing this chatter, oil went through the floor not the roof apple never bought into this nonsense i tried to get them to see, i said are you guys going supe cycle? no no never. the super cycle in apple figment in research firms i think is faux bull all along. not up to super cycle standards whatever the heck that might be. and we are talking about the guidance after they report their quarter. these faux bulls want to turn into real bears. you know how you thought apple

stock is cheap, well, we are slashing estimates and now the stock looks expensive. as for me, i know better i never thought there would be an iphone super cycle. i never bought into that junk. i think there are series of better and better iphones that apple offers that appeals to loyal customers. when the stock was 130, and then they fled from it like the plague when they hit 90s i don't want people to flee from the stock and not get back in. and the return capital, but the stock lower than it is here. does apple stock have a bad feel no kidding, yes. you don't need a weather man to know which way the wind blows.

news flash, all stocks can go down but long t-term, i am still the believer of the idea better to own it and not trade the total address of marking were a heck of a lot more going into the quarter also exceptional is amazon going into its quarter on thursday i expect the numbers to be excellent. unfortunately, apple is not netflix and when apple goes down, it takes the suppliers with it by the way no need to buy those until you see the whites of apples eyes. how about the cyclical stocks that gave up so much brownground today. i still like them. the businesses know. the businesses are good. the benefits from the

synchronized global expansion we talk about all the time. i know it is a clishe but it is one that works i am not seeing any safety net, i am saying they get inexpensive when they go down. drugs, we need more days like today to shake out some of the sunshine patriots. kind of like the bioteks when they caught fire and if that is the case, you want to go with jpmorgan diamond signed on for a bunch more years. banks are cheap. wouldn't it be something if fed raised hikes this week unlikely bottom line, i am urging you to

be ready for more vowlatility keep in mind, that you may need to take some short-term pain before you get some long-term gain we are going to beau in north carolina. >> caller: hello, dr. cramer big booyah. >> what's happening. >> caller: well this stock was up over 30% last year and the question is as companies are investing more and more into technology structure -- gps reliability would be mission critical what are your thoughts on corning. >> they have recovered i hit the wrong button buy buy buy.

how about addelaid in alabama. >> caller: we are pulling for the eagles. >> if that is the case, we are going to win. >> caller: we are. jim, i am looking around at all of us aging baby boomers and looking for the need for replacement knees. jim what is your take on ticker symbol mdt, medtronic. >> as good as it gets. i want to throw in three medtronic, abbot and ew. edward life sciences let's do fourth. and that is intuitive surgical isrg but you are so right how smart are our viewers?

smartest in the world. with that, you are going to have short-term pain. but you can use it to trade some of the big tech stocks like apple all you want just not my style. i want to own and i want to take the pain sometimes that is what you have to do. on mad tonight, the health care sector special monday edition is it time to give whirlpool a world? with the news that the trump administration is taxing on importing goods. and it is a new year for energy under the trump administration but what does it mean for the power company like aep i am going to talk with the ceo. so stick with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets

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even with today's pullback, the market is experiencing a truly incredible run can we give it that? what amazes me about the bull is the breadth even on the down days when the banks and industrials are worrying, investors tend to dump classically like the health care cohort whereas the health care g generates the same growth. sell the health care stocks at this very moment and load up on the cyclicals. yet, this time appears to be different. as i told you many times this

beast mode market has confounded the playbook since the beginning of the year the health care sector has been roaring. normally these groups don't go up at the same time. tonight we are going to go off the charts and figure out if the rally is real and sustainable. you might recognize his name because chaekin has invented some of the most important tools in technical analysis. the chaekin volume innovating. and the chaekin oscillator and money flow i like his stuff so much that he and i are doing a teach-in together on wednesday. it is going to cover some of these things and i can't wait to do it. i like learning from him so what does he have to say

about this conundrum he points out the s&p health care etf has been the best performing sector etf out there. up 10% and this is a depiction of what i have been talking about. at the beginning of january, broke out at triple top. hasn't looked back since let's take a look at three other charts to get some answers starting with a company you and i both know, daily chart of centene. caught fire last year. this company is very much levered to government health care spending.

series of new highs over the past 12 months this is practically a picture-perfect chart. so what does chaekin see here? recent peak above 112. was confirmed by the money flow the cmf an indicator that measures buying and selling pressure for most of the third quarter, the chaekin money was strong and it got big positive again. a stock has found a nice floor of support centene is surprised of the up side chaekin recommends buying it on any pullback down to the one 0

51 -- 107, one 05 area this is cardinal health. last year cardinal and competitors got obliterated thanks to fears about falling compressed margins also worried that amazon was going to get in the business since december it has been flying in the stratosphere the chaekin money flow went positive, a little over two months ago and it has continued to rise suggesting the buying pressure keeps increasing chaekin also notices the moving average the mac d indicator

which helps technician detect changes before they happen to surging to new highs where the black line goes above the reds what happens is it anticipated this and cardinals go from a hated stock to a beloved stock in no time fact. suggests buying the stock when a pull down point -- sustained and justifies this move. let's talk about the daily chart of accompany i like that chaekin doesn't care for right here. amgen. a bat out of hell including today which made another new

high the chaekin money flow has been choppy and even now choppy unlike centene or cardinal, chaekin doesn't seem amgen to be deluged of buyers. way above it and in the recent past, that short-term moving average has failed when amgen pulled back in october, it didn't find its footing. that is down 25 points from where the stocks currently traded that would be a real ambush. this chart indicates that the down side could get real ugly if something goes wrong i would be itching to tell you to buy that if that occurs

chaekin points out that the last three quarters in a row have triggered selloffs each of the last three earnings reports have played out badly for shareholders chaekin recommends taking profits in amgen current string. i can't blame him. or else people will bail on the stock on mass. why do i like it it has a good anti migraine drug company and it is in the lead there. and its anti cholesterol drug. these are long-term reasons. bottom line, the charts is interpreted by mark chaekin of the money flow suggesting this

group is climbing -- he thinks it will continue although in some cases like total popular faith amgen, he thinks the stocks run too much. he believes this outs of place rally in health care is poised to keep going. i learned a long time ago no the to be on the other side of chaekin. the analysts are very much split. we got to solve that then, what does american electric power say about the health of utility sector i am talking about the ceo and what the accusations mean facing steve wynn stock. stick with cramer.

thank you so much. thank you! so we're a go? yes! we got a yes! what does that mean for purchasing? purchase. let's do this. got it. book the flights! hai! si! si! ya! ya! ya! what does that mean for us? we can get stuff. what's it mean for shipping? ship the goods. you're a go! you got the green light. that means go! oh, yeah. start saying yes to your company's best ideas. we're gonna hit our launch date! (scream) thank you! goodbye! we help all types of businesses with money, tools and know-how to get business done. american express open.

we are in earning season and not every earning support is straightforward. some are more prone to a spin cycle. sometimes companies produce mixed moneys that are hard to get your head around take whirlpool last week was a very eventful week for these guys. first the trump administration announced it was going to be imposing tariffs of 20% to 50% on imported washing machines terrific for whirlpool you would think shareholders would be in hog heaven more complicated than that whirlpool reported a quarter

that was confusing as was controversial. key bank downgraded the stock. raymond james um graded to out performer. hold to buy. >> if your head is spinning like you are trapped in a heavy duty laundromat machine, you are not review how was whirlpool quarter? what should you do with the stock? i find it helps to put the upgrade and the downgrade against each other to get a read on the best arguments of both sides. if the stock goes down, you still, you know what to expect i recommended whirlpool a year ago because i expected these new

washing machine tariffs. the stock has been a disappointment, down three bucks. you have done a lot better if you picked up whirlpool in the weakness mia culpa. you can get it right the reason whirl pool stock is disappointed i didn't see those coming. it sure didn't help when we found out that amazon was partnering with sears to sell kenmore online of course the sears situation. as we began 2018, people weren't exactly expecting great things from whirlpool the company had turned into a

serial disappointer. and then last week happened. these tariffs are going to be huge lg and samsung control a 33% of the business whirlpool, now has the opportunity to capture that back it is going to take them 18 months for those factories to come online. it may not be a game changer there is only so much that these tariffs can do to move the needle still, the white house's move changed the context of earnings report now it was a mixed quarter 11 cent earnings, its sales came in weaker than expected. forecast was lower than anticipated for both the top and bottom line. this was whirlpool's first bottom line beat in six

quarters so was this quarter a good quarter? a bad quarter? an okay quarter? sometimes the analysts can't make up their minds. key believes the impact will loose its impact over time they don't hate whirl peapool, y see the stock stuck in the range. throat clearing analysis let me read you the beginning. it says whirlpool is far from a bulletproof story. the analyst then go on the list of series of negatives, a mixed quarter, the middle east in africa korea appliance makers opening

up new factors in the u.s. even after those negatives, raymond james likes the stock because they see guidance being conservative and potential strength in the u.s. market which they know is robust. seeing getting a dollar boost to its earnings plus the company is now going up against some weak comparisons and while wall street was disappointed by the guidance those are two major tail winds on top of that, management is forecasting a substantially higher tax rate that analyst feel is unrealistic. finally practicing u pod

under practice over delivered. so where do i come down? based on the latest numbers, it is still clear that the company is in the process of getting their act together i thing the upside to this stock could be enormous. 12 times earnings here that is cheap. most stocks in this sector trade 18 to 20 times earnings. however, i was wrong when i recommended whirlpool a year ago while we waited for the white house to take action now they have finally have gotten the federal protection i have been looking for it wouldn't surprise me if the new ceo could turn things around here is the bottom line. whirlpool is a rare bird

an industrial value stock. it is hard to find many of these value stocks if the industrials these days the cyclicals so to speak. now that the company is getting lead from brutal competition i think it could go higher but they have real operational issues this is for your mad money portfolio. dave in illinois. >> caller: dr. cramer, you mad underdog do you have any habits or rituals that you are bringing to defeat the man with the hood on sunday. >> i have got the jacket that the eagles gave me i got my number 87 brett cellic.

>> smells like a win to me this is big earnings week. i am expecting much pin action in tech stock. providing business solutions for the smart and connected home control 4 has been early to the market on the internet of things one of your investment themes. so jim, with a rich forward pe valuation, and trading sightly below its 50-day moving average, your thoughts. >> dave. you got me i do not know this one it is right in my wheel house, so how embarrassing is that. i have more work to do but i do like the sentiment about the eagles and let me just say that i will wear the same t shirt that i always where for

the last decade. that is inside baseball. trevor in pennsylvania >> caller: hey, how's it going >> i hope you are eastern pennsylvania and not western. >> caller: nope. talk about -- that is where i am right now. i am calling in regards to i am sure you know about the 5 g technologies that we are looking for in 2020. >> we don't want to touch it it has a lot of debt good run opportunities from verizon, t-mobile putting up good numbers. we are not going to mess with sprint doesn't have the balance sheet that i like. and i care tremendously about balance sheet. whirlpool has a chance to head higher i will find out what this

interest rate means for this company going forward and one of my favs. with accusations mounting around steve wynn and then the lightning round stick with cramer. the great emperor penguin migration. trekking a hundred miles inland to their breeding grounds. except for these two fellows. this time next year, we're gonna be sitting on an egg. i think we're getting close! make a u-turn... u-turn? recalculating... man, we are never gonna breed. just give it a second. you will arrive in 92 days. nah, nuh-uh. nope, nope, nope. you know who i'm gonna follow? my instincts. as long as gps can still get you lost, you can count on geico saving folks money. i'm breeding, man. fifteen minutes could save you fifteen percent or more on car insurance.

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it is very difficult to defy the wall street playbook i tell you that all the time what do i mean last year the utilities performed pretty darn well even high yielding stocks you are supposed to sell that is the playbook especially with the treasure yield up take american electric power company that owns the largest transition power in the u.s. last week reported a strong top line good bottom line and it doesn't matter. now it remains ten bucks from its high late last year. should you view this as a buying opportunity? let's take a close look with

nick akins why is this quarter like the beetles tax man? >> the quarter went great. we beat the earnings expectations for the quarter load is moving back up things are looking great and continue according to plan the sector is down considerably. but we want to make sure that aep is positioned as part of the portfolio that you want to keep. >> you are going to get some money, a better return with the new tax regime but new sight in your car, you are think being the rate payers and how to benefit them. >> that's right. the regulated utilities, our taxes are a pass through to customers. the tax rates get lower, that gets reflected through customer

rates and our customers will benefit through that and we will benefit by the expansion and growth associated with. >> as it is, you have terrific industrial growth figures within your area. >> that's right. grew 5.6% and for the first time we are seeing across the board the industrials continue to grow our top five grew 11% which was led by primary nettles and great start for year. >> pretty impressive. >> substantial growth. gdp in the areas that we serve exceeding the national average we are benefitted by the number of customer accounts and the people moving in for the first time in many quarters, our residential sectors have increased so that is a great

outcome for the company. >> you are a depiction of america. that retail sector really getting hurt. >> yeah, the retail sector is down those jobs continue to -- the big box is stores are impacted and while the industrial manufacturing continue to improve in residential, those retail sectors that are getting hit. >> you have a huge project, the wind catchers. i was on the ge conference call last week. there is a bit of a collapse in the prices of wind mills, are you able to benefit from that or are you locked in. >> we can benefit from that. there is a whole another realm of discussion going on post tax reform and in terms of the resources themselves to accommodate this project it is 4.5 billion capital investment largest wind farm in the country

in western oklahoma. and it certainly provides benefits to our customers across the board. no doubt that this project will be beneficial across the board from not only industrial and manufacturing but also other customers and that four state region that is being served. >> where are we in terms of competition, the price of wind versus coal and natural gas. >> when you look at the price of wind compared to coal and natural gas, much more beneficial from an energy standpoint natural gas and coal fire generations will solve that picture. production tax credits are beneficial to customers. >> can you speak to the competitiveness of our nation using your aep grid in terms of where to put a factory versus

anywhere else in the world. >> there is no question that the energy grid that we serve, the large capital investment we make across the board are beneficial not only in terms of reliability to our customers but in terms of pricing and the u.s. is in a great position at this point with a myriad of different energy products that are available and when you take natural gas and where it is today, renewables where it is, and where technology is moving along with existing resources. that balance set of resources provide exceptional benefits to our customers and should be benefitting to the entire world. >> thank you so much nick akins, the president ceo of american electric power. the stock is down but it has to do with the playbook and not the company. "mad money" back for your heart...

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>> announcer: lightning round is sponsored by td ameritrade it is time it is time for the lightning round on cramer's "mad money." that's where i take your calls rapid fire

[ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." craig in new york. >> caller: extreme networks. >> you are right to the point. this is one that i am not a fan of extreme networks. i have so many in that area that i would rather buy so i am not going down that food train. barb in arizona. >> caller: booyah. i have a stock ei invested in. >> >> i think it is a win. i want them back on the show virtually.

how about ken in new jersey. >> caller: i would like to know what you think of pru, prudential financial. >> buy, buy, buy let's go to rob in florida you are up. >> caller: yeah, jim yeah, i wanted some information on amx american mobile. >> latin american, i am going to take a pass, it is up too much mike in pennsylvania. >> caller: hello. >> mike. >> caller: this is mike from philadelphia go eagles. >> go birds. >> caller: and i was asking about verizon. >> i would say i like verizon

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. how much is a talented ceo where to its company stock getting a real live lesson in the wynn resorts

the stock has been tanking whatever else may be true about wynn, hehas been one of the greatest executives of all time. that is not an excuse. but as investors something we have to reckon with. i know of no other kroecceo who the attention to detail. now i have only been to his vegas properties and trust me, wow, what a place. anyone who has bet against this man has gotten steam rolled. back in 2015, wynn purchased $1 billion worth of stock. he caught the low or created the low because he was vocal of these transactions no one should get a pass for being good at their job.

i am not saying that i bring this up because now that steve wynn stands accused of being a sexual harasser. and the company itself has announced an internal investigation. the stock has already fallen 30 points. can one man be that important to this institution i mean, wynn has built an amazing casino empire. would it be fine if he stepped down tomorrow? nobody lives forever when i said steve wynn is wynn resort, i wasn't kidding there are two problems nevada and gaming committee. given wynn's fielding to the

republican party in a democratic state. the gaming commission statement that it is aware of the allegations doesn't bode well for wynn they are not the kind of board members who are in it for the paycheck the board has the ability to fire wynn if it looks like the story is going to jeopardize his substantial building either steve wynn is cleared or he isn't cleared and some chinese hotel steps up and buys the company for 25 billion these are the dreamers, i don't see it that way. if you go over the conference call transcripts, you are buying the unparalleled leadership of

steve wynn even if they find a great successor, i can't see anyone running as well as wynn. i don't think the commission would be cool with a chinese company buying it. you better believe that the people's republic would make them pay for the scandal in cold hard cash. when there is this much indec indecision, i have to take a pass i don't want to see what is underneath it. stick with cramer. web and tabl? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for power e*trade. the platform, price and service that gives you the edge you need. looks like we have a couple seconds left.

let's do some card twirling twirling cards e*trade. the original place to invest online. and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-dose aspirin. no more than 100 milligrams as it affects how well brilinta works. brilinta helps keep platelets from sticking together and forming a clot. in a clinical study, brilinta worked better than plavix. brilinta reduced the chance of having another heart attack... ...or dying from one. don't stop taking brilinta without talking to your doctor, since stopping it too soon increases your risk of clots in your stent, heart attack, stroke, and even death. brilinta may cause bruising or bleeding more easily, or serious, sometimes fatal bleeding. don't take brilinta if you have bleeding, like stomach ulcers, a history of bleeding in the brain, or severe liver problems. slow heart rhythm has been reported. tell your doctor about bleeding new or unexpected shortness of breath any planned surgery, and all medicines you take. if you recently had a heart attack, ask your doctor if brilinta is right for you.

my heart is worth brilinta. if you can't afford your medication, astrazeneca may be able to help. i'm the one clocking in when you're clocking out. sensing your every move and automatically adjusting to help you stay effortlessly comfortable. i can also help with this. does your bed do that? oh. i don't actually talk. though i'm smart enough to. i'm the new sleep number 360 smart bed. let's meet at a sleep number store. it is big week speaking for retirement, good time to start putting money in if you haven't done so this year i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money. i'm jim cramer, and i will see

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