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tv   Mad Money  CNBC  May 18, 2018 6:00pm-7:00pm EDT

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mcdonald's >> after today, matt, i like selling into micron, but if you wait and micron can't go u my mission is simple -- to make you money. i'm here to level the playing field for all investors. there's always a work in summer and i promise to help you find it "mad money" starts -- now! hey, i'm cramer. welcome to "mad money. welcome to cramerica trying to make money my job, entertain you and educate you. call me. cnbc or tweet mere at jim cramer close watchers of "mad money" know i'm not a chart but play them weekly.
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the next big move for stocks given i base my work on fundamentals i relate to the study and not shape of charts, the off the chart segment and know from your feedback you're interested in this analysisened importantly it's proven itself time and time again to get ate of people involved at the right level, say now, not for a minute as i explain in "get rich" carefully have i become a chartist myself. i highlight and teach studying fundamentals, research, annuals, executors and overlay them on my broader view at the moment charters could care less about this stuff they don't even care what the company does i wonder can they do their jobs with the companies' names blacked out. in fact, i am sure they could. some hate the distraction for fear it would bias them against
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the charts imagine? i've become efficient but admire learning techniques to teach you. that's why tonight i am picking the best of best charts of some of the best technicians we've worked with exploring the pattern that have become reliable to the point i'm astonishato astonished how accurate they can be i'm a believer, every saturday morning reading standard & poor's stock charts formerly on paper now on electronic distribution and hundreds of charts i match with patterns i've learned over time and they often are segments on the show you see later in the week. why do the charts work people always want to know first, you must consider them as if they are footprints at the scene of a crime these footprints trace out what big money managers might be doing with buying and selling of
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dollars. these portfolio chieftains often know more than others including you and me the charts where their money goes, charts of the stocks, put together clues that these big boys lead. second reason to care. a remarkable self-fulfilling nature of charting stuff so many proposals look at these drawings and take them to heart they will simply avoid stocks when predictably horrible charts and find stock to own, charts with positive moves in the past. don't i know it. when i coworked with karen cramr psyching one that stood out and have me research the ones with most predictable patterns to get a handle on what might really be going on some of our best ideas from the chart-inspired sessions. the technicals and fundamentals producing excellent short and long-term results. all of charting technical analysis starts not just
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pictures of individuals stocks also known as the internals. internals. patterns about stocks in the aggregate that give clues to direction of the entire stock market for years since the great degree pregs, the risk i talked about, tremendous except askepticism od of stocks. each really creates a really worrisome set of risks many fear you're coming in at left that could turn out to be, say, too late. too high and you will lose money either way. >> sell, sell, sell! >> technical analysis includes analyzing indicators up due to determining overall direction in the market more important than ever given that stocks are influenced by the s&p 500 stock features sometimes technicians, everything hinges on the charts of individual companies and bigger averages creating
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comparisons that s thas that -- confirmation of a move to detect this legitimatesy. i think confirmations are incredibly important to the safety of a move they need to be explained closely. the most important and obvious confirmation, say the dow jones industrial hits a new high historically it won't be sustainable unless the dow jones industrial transportation index hits a high or confirms breakout status in the dow itself the dow jones index is a measure of commerce tracking trains, planes, trucks, freight forwarding come on. that's a good gauge. isn't it both industrialing and transports hit new highs i often tell you the move is legitimate and it can be trusted! it is real this is some of the oldest technical work date back to charles dow, founder and eder of the first "wall street journal" created the dow theory have dratidrat
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idrat -- validating and defrothing. trying to see if the move is staying power to bless it. look at a host of other indexes. banking index. housing din ex-. semiconductor index, stocks and hth. all-important etf encompassing big retailers. i like to see them move up in sync before i bless the market for pu all indices rolling higher, put the maximum amount of chips on the table. oh, boy, but is the inverse true we get a move up without confirmation from majority of these indices, the whole rally to be a fakeout. >> boo >> and not trusted the class example, back to the move up to record highs before the great recession. you will notice something pretty incredible if you go back and study it. you will notice almost no participation among the financials, the retailers or the techs. technical analysis got you out of that market before it was too late better than the fundamentals
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the other internals i look at? analyze advances and declines. weller the rally is concentrated participation by many groups and look at new high and low ratio remember, it isn't easy to get on the new high list sectors have to be strong. federal reserve, interest rates, politics, have to be aligned to make some stocks successful enough to get on the list. that high list is -- is rarified territory. you run the gauntlet, you have a good stock a stock that i probably want to buy on any pullback that's market-related, not sub starvetive to the stock, and a lot of stocks for many industries, that's actually a terrific sign. here's the bottom line -- you may not be a technician but you need to know what the charts are saying and know how to read internals to verify a real move or a phony one stay tuned and we'll go over a host of patterns, everything we do around here not just on the off the charts
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tuesday. but in stock selection every single day jim in michigan. jim! >> caller: jim, hi how are you? and thanks for taking my call. >> of course thrilled you called. what's up? >> caller: i got a question for you. in this segment you were talking about secular stocks could you define for me once again what a secular stock is and maybe give an example or two? >> certainly this is a very important issue, because it's a term that gets thrown around. people secular, parochial. secular does not need gross domestic product of the world to increase in order to beat the numbers. some of the classic secular grower stocks would be biotechs. some of the retailers that have terrific growth. gary in california gary >> caller: mr. cramer, boo-yah to you. >> boo-yah, gary. >> caller: jerry from california question is regarding dividends
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in a down market, sir. if you're accumulating dividends on a number of stocks as you suggest, is it better to reinvest them in a down market or to take the money as cash and then possibly reinvest that in other opportunities? >> you see, we don't know when a down face will end and we know the power of compounding is an amazing thing. so we're going to stick always on the show. i know it sounds pedestrian. but always going to opt in favor of reinvestment, because fortunes have been made through the power of compounding i've got to go with that regardless of the near-term kwer consequences because i'm thinking long term for you fundamentals, key. tem ni technical matter today master minding in charting to see the whole picture behind the stocks moves op "mad" tonight, the chart is important what technical tool can help you detect floors and creeleilings,m
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revealing, and overbought or oversold and mixing patterns isn't only for fashion. highlighting patterns worth banking wlon bank ing when it comes to investing so why don't you stick with cramer >> announcer: have a question, tweet cramer #madtweets. madmoney@cnbc.com or give us a awe call 1-800-743-cnbc miss something ed to madmoney@cnbc.com. ♪ i just want you close, ♪ where you can stay forever. ♪ you can be sure
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tonight we are offering the best of the best in technical analysis one-stop shop of everything you need to know to augment investing with the best in the land let's work on something that's been the province of the best chart work on the show spotting bottoms for best entry points and examining ceilings for the best places to exit or sell when you pick individual stocks you're betting from the moment you buy them they're going to go higher i know simple concept, but how often do you do solid fundamental work on a company and try to figure
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whether it's the right decision to pull the trigger? because your homework is finished then, well, a terrible time. and buying oblivious to the stock. hey, homework's done let's go buy maybe it's not the right moment. after the work i've done, being short sited if you continue to check it out before you buy and after you've done the homework in fact, consider looking at the chart, that the stock you like is part of the homework. get that in your head. get it ingrained into your thinking sometimes finding bottoms fit for long declines can be lu lucrati lucrative. example. the vo lossty lessens in 2009. bottom call based on feeling i know my friend doug writes with me on "real money pro," sometimes known as being an aggressive bear actually turned pronouncely positive
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he was saying a generational bottom i was skittish about picking individual stock to recommend to you. so i was looking for a situation that seemed about as bullet-proof and i could find and came up with at&t. the phone company. it had so much going for it. go back, way back machine. included a smashing rollout of the apple iphone, which would produce record profit as at&t took business from its apple list competitors, and yield 6.2% yield higher than just about any stock in the dow dividend safely backed by at&t's humongous stock flow still the stock plunged every time i thought it had firm footing. i had done my research no check the chart. waited a few days, when it stabilized decided it was right and the stock, a hold. dice ip moments like this, best to check with the charts so i did. actually brought in four, four charters amazed they agreed and found a
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strong foundation and definitely worth considering for investment remember, didn't care at all about fundamentals look what attracted it look at this chart first, all four technicians agreed at&t had established what is known is a climax low at 21 back in the tsunami of selling at a moment so hideous big lift in stock and then -- stayed down and destroyed. where lots of sellers capitulated, right here. but buyers had started to step up to create a base. okay see the extended base? or floor, at the stock at that level. arrived looking at volume, sum of all transactions expanded to far normal periods trading you can see. normal periods trading a sign the sellers exhausted themselves the buying levels according to technicians showed both portfolio managers wanted out of
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the stock had fled it by now same time, buyers steped up to meet the supply with the concomitant level of demand. think about this until you got the climb mex, many more sellers and that buyers at each level knocked down the stock with their own selling. no base can form this way. bad time to buy. a climax is a sign those potential sellers who have held on for some time are finally giving up on mass. big deal remember, technicians don't care twhi might be the case just monitoring price and volume when it's larger, expands, stock doesn't go down, means it lasts. the stock found its floor and now time to buy. that's when the buyers are at least equal to sellers determining the direction of the stock and a form'sequilibrium. it's upon us and that's the base. that's going to happen when a stock takes out resistance overhead okay to examine the possibilities of
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a stock the technicians don't jut look at and price of the previous day don't just look say, that look goods, that looks bad. that's none helpful. instead they use a moving average. to better represent the action in a stock's price movements a moving average is formed taking closing average of a stoke over a period of time. adding them. dividing by the days of the particular measured period and off the charts, doing everything tonight breaking it down for example, you can measure a moving average over a ten-day period adding up ten day with closing prices dividing and providing number on graph. each day add in the new close and trap the earlier price to get the sum of a new ten-day measure period the four i checked in, they chose a longer term deal select add 200 day average and noticed at&t found a floor a the $21 level -- the stock
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repeatedly bounced off of, kept failing, couldn't move through, failing to move up above the 200-day moving average and plotted it, although the same amount of work what they looked at. that created what looked to be a ceiling. the ceiling. the 200-day moving average nothing can you do felt every time it got there, the stock was capped then at last, at&t cracked through the ceiling of resistan resistance, and that's the 2-day average average. the signal at&t could generate a great trade or investment. the old roof became a new floor. here's your new floor of the 200 day. every time the moving average went above the old roof it created a possibility of a new floor. the stock would come back, test the floor. held and buyers recognized the stock didn't break that new-found base and instead bounced off it no it didn't go back to the climax low where it was it held. looking back at the beautiful bottoming that we see here with at&t, now seems like child's
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play doesn't it yes, of course at that moment, heading to something easy same time these technical analysts said bottom is in and time to buy. the fundamental analysts, squared out of their wits. not one was helping me call the bottom they were all scared to death here and worried about pension obligations causing the dividend to be slashed. it was way, way wrong but scared the heck out of them stock for dividend that base, floor, gave it a launching pad to blast off and almost straight line into the 30s. bottom line. see a reliable pattern as at&t demonstrated, despite that when he say, use the discipline these technicians give you to pull the trigger an take advantage of a fabulous buying opportunity that might otherwise are overlooked after the market take as reshellacking. never took it out. went way up. after the break, i'll try to make you more money.
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welcome to holiday inn! thank you! ♪ ♪ wait, i have something for you! every stay is a special stay at holiday inn. save up to 15% when you book early at hollidayinn.com welcome back to our special technical show the next crucial thing for technicians whether a stock is overbought and therefore a pullback or oversold ready to get back determine whether the stock is
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overbought or over sold determining ratio of higher closes rsi. it is a momentum oscillator measuring the direction the stock is going and the velocity ftd move we match the relevant strength of individual stock to something else perhaps the strength of its sector or that of a larger index and measure price action histor historical looking where strength stands out. the sign of a move, a possible switch we wouldn't know if we jufd read the research on the stock. relative strength, i often turn to bob and tim done work on the topic and you hear about them many times on the show calling shorter periods of tile. 10 days, two weeks to get a relative bead on the stocks they're looking at looking for any pattern reversing action of a previous period, the sign of a breakout or breakdown might be upon us. they love strong, relative strength situations but also
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like the time their buys, and pullbacks. better in point, care about basis. technically when a stock is overbought it's right for pullback overbought stocks, many buyers taking supply. tend to snap back if too far away from longer term trend line the inverse can be true, too a stock can fall so far, so fast you should expect a snapback because it's technically oversold you hear me use these terms. we see these patterns constantly these are terrific action points, people if you were debating buying a stock, done the research, find a stock is overbought i tell you wait for a pullback. almost always comes. because they have done enough chart work to know the vast majority of stocks overshoot directions and retrace some of those moves back to better entry or exit points retracement isn't necessarily negative shorting, though, is tricky. periodically some stocks are so
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strong, they break through all the ceilings of all traditionals measurement periods and stay overbought, perhaps weeks at a time definely is to definely historical trading patterning, defying the equilibrium line and can been concealed they usually bump into and come crashing down from. when you spot these moves, strap yourself in. it's rare, but when it happens, big money. occurred july 2009 dan fitzpatrick pointed this out. another indicator spotting a bottom summer stock of las vegas sands, a very important business, repeatedly had stalled at the $10 level. falling every time it hit. boom, boom, boom you know
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just not working okay but when the bulls finally broke out of the corral, no stopping them the stock deigned relative strength after it pushed through instead of regrouping. a rare pattern stayed over bought told you good things would be ahead. it never retreat the as would you have expected. buyers wouldn't quit despite the spock being overbought that's a sign the strongest kind of positive move in the book might be taking place. at any given time expect add pullback no jgigantic overbought. from $ jgigantic overbought. from $ 10 to $48 overbooked condition is a golden opportunity for a huge move. right back to being overbought again. remember, i like to marry the fundamentals with the charts not too dependent on these but what happened underneath the chart able to stay overbought so long what was going on right then
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when the chief profits for las vegas sands went from being vegas to macao the only play china is legal from a so-so nevada gaming company into an international powerhouse might as well been manamed maca sands. still days we had a horrendous decline. they weren't thinking about macao here the charters were thinking, buyers are lurking another cool tool. used it to spot pivots we say volume is a lie detector saying whether a move is for real a small move on light volume, tech nixes ignore. a small move on heavy volumes, charter drill down laser like to see if it's a precourse to something bigger and more tradeable. looking for a accumulation, meaning large money begins to accumulate in an aggressive way or distribution. a synonym for selling of a stock
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and that could telegraph a big decline. measure these moves by something called an accumulation distribution line. when the calculation of accumulation lines -- i know it is charting whether a stock closes higher on greater volume or on any given day versus lower or low volume any broker house that offer this i feel passionate about it why i love charts so much. they go against the fundamentals sometimes and sometimes it's right. we saw them being right in monsanto in july of 2012. an unbelievable one i completely got wrong. thank heavens for the chart. i didn't care for this stock at the time i didn't like gmos biased tim collins saw it another way he said the accumulation distribution line showed that while the stock had down days they were on light vibes all the down days, low lines heavy, updates a sure sign more money was
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flowing in to the stock than out of it. collins noted such ap consistent, persistent accumulation for buying pattern versus the distribution or selling pattern, convinced him large funds were lworth a long term what i didn't see, what i was so confused about was that monsanto stock had started to be correlating with the place of corn which was going higher back then, because of new-found demand more ethanol enjernld end by government support. i was worried about a shortfall and wasn't thinking big picture but the chart shows you big picture. the work of collins told you not to fear. it was showing you something bigger was developing in the quarter. he was dead right. a stock i would have kept you off was a big winner taking monsanto's stock up with it the big guys knew and able to
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piggyback using collins' work isolating the underlying stock by the distribution line i got smoked bottom line, look at lots of different indicators to spot big moves. bought over sold levels, despite important terms that aren't individualable otherwise powerful moves, often allude those who are only focused on the underlying companies, and not the action of the stocks themselves go to dan in illinois. please, dan! >> caller: cramer. boo-yah. thank you for demystifying the market and helping us make it accessible. >> that's what i want. i want everybody to understand their money. that's my goal how can i help >> caller: thank you i'm wondering if i start with a small position in a stock, a copy i like, and the stock keeps going up the most it comes down is maybe
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2%, 2.5% how can i get a more sizable stake? >> someone says you missed it. cut off the down side, far more important than cutting off the up side. you bought a position didn't get more well, it's a trade and you got to take it i know people don't want to hear that, but when you violate your bases and pay up, i can show you for years and years from my childhood trust, i have done the work it is almost always a mistake. charters use all different types of indicators to spot big moves helping them stay ahead of the game in the fundamentals now you're ahead, too. much more "mad money" ahead. head and shoulders isn't only used for preventing dandruff i'll tell you you how to make money. you won't want to miss my take on the a dynamic and a burning question i'm taking tweets. tweet me @jimcramer, and i might answer your question on-air. stay with cramer
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we've learned a lot tonight about the key terms of technical analysis now let's look at individual charts that many of you find fascinating even as some patterns almost sound silly. as if they're mimicking letters or gee mjegeometric shapes or by parts. the dreaded head and shoulders
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pattern. >> house of pain >> low key s 2010, a giant bath because of ill-informed, or just really say maybe early buy remember, i like to do mea culpas in the show what you what i did learn and you can learn from my mistakes correctly enamored, doing with alcoa, less dependant on metal something that sliz phied announcing when it split into two separate companies look at alcoa. enjoyed a healthy run from the winter of 2010, right up until february of 2011 rising froms 13 $s 13 nice rise? right, and earnings turned around not long after the stock hit $17, a quake dive back no reason i could discern, and reversed back to $17. then up to $18 on the eve of the quarterly report i thought the quarterly report
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awas nounsed, beating both top and bottom lines most of the time that's all you could ask for. worried me, after initial positive reaction the stock dropped down to $16. $16 and change on the news of a better than expected quarter a few days later, there we go. back to $17. felt almost vicinity kade ndicad i bought more. bought more. could i have been more wrong i don't think so because that $17 to $15 dive represented on the chart as a point a. and b., then followed the run to c., $18 back to $16. d. finally $17, e you know what that is? that's a perfect head and shoulders pattern! yeah just like a human's head that is it the most frightening pattern in the entire chart book and alcoa traced it out just when i thought we were out of woods
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what happened during that period europe and china began slowdowns and aluminum came into glut. and worked so hard to execute, couldn't control his own company, not the price of the commodity itself steel is aluminum. over the course of the next few years, able to re-evaluate and much less depend rally off the lows after the completion of the brutal head and shoulders persatterns from a few years before mea culpa. remember and consistency, head and shoulders pattern seeing trouble and inverse head and shoulders pattern signals the opposite at the begin of january 2013 lots of people thought the company was taking off food and drug stocks, you don't need a strong economy and cyclicals. caterpillars, you know the kind of rotation, that kind, that's usually the death nail for stocks that go high whir the economy is slower.
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however, tim collins, off the chart, says, jim, take a hard look at pfizer because the stock trace tz out of reverse head and shoulders patterns precisely of kind of company i would shun normally never touch this when the economy is speeding up look at this chart you can see pfizer traced out a left shoulder as it rallied through the month of october and then started to climb aggressively okay in november. stock bottomed formed a head, december, a rally, and pullback to create the right shoulder >> the key with this pattern is the neckline the line that connects the head to the two shoulders when a tock breaks out above that line tells the technician you are about to witness a big, big, big move. $25.80 collins predicted it, if you take out the neckline, could be in for a monster run given the money was pouring out of the staples and drug stocks headed for industrials i was
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compounded by this head and shoulders pattern. didn't trust it one bit. come on. i'm king of rotations knew it was a bad stock. colin says rotations, smokations close your eyes, buy the stock something big was going on to make it buck the market's prevailing trends. inconceivable. sure enough, he was right. i was wrong. the stock almost instantly jumped more than 10% after collins told me to buy it with both hands what caused the move soon after collins flagged a bullish reverse right here, reverse head and shoulders pattern, the huge drug company decided to spin off its animal health division. a shocker, into a new and publicly traded company. and a move that ultimately created $15 billion in value who knew the chart did. bottom line. pat ea patterns matter. reverse head and shoulders developing, make nos sense which stock it happens to, consider
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buying some. that's how powerful these moves are, and the chart work on these two persons is vindicated far more often than the skeptics would ever think possible. stay with cramer
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♪ we've run the gamut of technical training on this show. head and shoulders, reverse head and shoulders setups and big
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down and up moves's but those aren't the only ones to rely on to tell us the truth when fundamentals give little insight into the direction of stocks one chart type we've come to love on "mad money" is known as the cup and handle pattern seen it so often, so reliable, i've used it to keep myself in stocks i otherwise might have been turned off on our shaken out by take the stock of cramer's dominoes traded down to $10 feeling darn greedy when it traded up to the 30s next thing you know, dubious sideways action and began to drift down i hate these kinds of situations no news. why? paranoid to believe something is happening and i don't know about it other guys do. when the analysts are iffy and split as the case with dominoes and the company isn't talking is when technicians are -- ponce,
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asked for his help had dominoes come and gone take a look. what he sent at the time we reached out, dominoes stock began to drip back up. and you know we would have blessed it, telling you to sell. thought the thrill might have been gone. maybe bring the register take the big gains for viewers, tempting right there uh-huh he told us do the opposite that advance back up the sign all is well. you had to loet ad up the boat anxious to show why. with that return back up to, say, 36. okay dominoes was tracing out a perfect -- cup and handle formation that's right a pattern we found that's been reviable as head and shoulders in predictability. a launching pad for a bigger move you caught the beginning of the cup at $36 in general slowed down to $28, the base of the cup was there. and i was nervous there. he told me not to be the stock climbed back up, right
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side of the cup and a 37 -- saddle to 37, 38, that's the beginning of a handle that almost always signals a much higher move. otherwise goes like that sure enough, his work nailed it. dominoes doubled and turned out to be sell rating. the stock simply was consolidating ready to power higher in the next big move. this was positive action dominoes right there, what they were doing embracing technology the web and cell phone, facebook eliminate order takers let customers place orders directly on the net. a minimum of a double left on the table if it weren't for ponce's guidance back to that concerned about another favorite stock, monster beverage. i needed a chartist to give me theory there was a distinction
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possibility of regulatory intervention at the energy drink business always deadly. set me straight. check this out said that for months the stock of monster bounced off 100 day moving average move on. you can see. looked like it was going down. right? it rebounded look at this rebound, rebound, rebound, rebound! monster was tracing out a series of triangles also known as fly patterns upwards sloping floor. see that boom, boom, triangle, triangle, triangle new stock punches through. pennant formations short-term consolidations, prelude to a continuation pattern you do not have to worry about a stock running on empty as a matter of fact, had you to buy this thing with both hands stock at $49 proceeded to jump to $79 confounding naysayers, and short seller, less negative had they known about the pattern, cared about it just worried about the government interveern ininterve.
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and in coca-cola, showing you energy drinks are here to stay once again i would have been shaken out of this stock's move if it weren't for ponce and his chard handling a lot of variations of the different triangle and pennant formations look at this chart collins identified this. citigroup. every hated it in june 2010. lows getting higher, highs stayed the same. he loved this here a wedge pattern. reliables, pennant and triangle patterns, ponce believes it. and success following a queen, cannot mention her on the show and the medieval italian, working with and talking about you've heard of these patterns like the work of carli garner. commodity futures trading commission to scam when too many funds are leading and we veer in
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a different direction for success. bottom line, they can co-exist make peace with them both and i bet you'll make a heck of a lot more money than blind to one or the other and certainly to both. "mad money" is back after the break. cramer is ready to run the gauntlet finding you a raging bull market powerful executives. scores of tough questions. all week, cramer sits down with some of the market's most influential players. join "mad money" on-air and online for must-see interviews you can't afford to miss
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cramer, looking for trends, finding buy moves and the meaning behind them. on twitter what's trending can tell you a lot today i'm counting down some of your top tweets to see what's trending first up d-- a feel-good tweet. thank you for the good advice and thanks to your folks and hard work saving and investing retired age 55 i want you to continue to own a lot of stocks. you won't get a lot of income from other activities and bods a
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-- bonds. get that dividend. keep investing my 19-year-old son wants to save for retirement advice keep up the great work unfortunately, boring at all get out. s&p index fund buy one with low fees. don't recommend a particular one. once they put $10,000 aside, then focus on individual stocks. that is the rules. not varying. and hs @jim krcramer don't late the haters get to you. i get tired too and angry and a little feisty. what i like, this is my little zone here. right? all nfl. you come into my box, you're going to have to be tackled. i'm not looking the other way. next up, writing, you want new investors to max out index funds before investing in single funds? maxing out 401(k) okay to invest >> again, this show is incorrectly known as some sort
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of trading show where we don't like index funds investing funds and demand you be in index funds. sorry for the misinterpretation by you last, not least. saying, excited they've found at the @jimcramer show, relatively young age. valuable information for free. i only wish my mom and dad were still alive, because then finally they could say, hey, i told you jimmy stay with cramer hey, jim, love the show. boo-yah? >> chime to shape in to -- we take a -- the company is so well run the stock is so darn -- let me -- what will the gris grizzlies and kodiaks maul us with tomorrow? >> aaargh!
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mr. cramer, absolutely love the show. >> we really appreciate you out there. >> boo-yah elementary school. >> boo-yah, mr. cramer. >> i know you hear this all the time, jim, but thank you, thank you, thank you so much >> this has been my best year by far and away in the market. >> i just want to thank you for looking out for the regular guys out there's. >> i'm trying to teach better investors and do my darn best. that's the goal here. >> great to hear your voice and know that you're there for us. a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley
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>> 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." ♪ jared joyce, a serial inventor who's hoping to sell the sharks on one of his many ideas. this is going to be fun. my name is jared joyce. i'm an inventor/entrepreneur, and today, in exchange for $250,000, i'm offering you 25% equity

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