a trade, short netflix buying higher.collapsing, lennar >> lumber, cbs is bringinghe luer tomorrow, bill. > 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, 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 save you some money. my job is not just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. can we really just move onto the next thing that quickl

removing north korean menace and the market shrugs. you know what, it makes perfect sense. you see, you can't process the stock market implications because there may be no implications at all. maybe it goes nowhere. at most you sell a couple of defense stocks north korea may have big weapons, it is a small country even if they denuke larz no leader, goes into talks with the most powerful nation on earth in ord to dismantle its country, but it is possible.

sure, north korea like the old east germany is a client state, it is basically a puppet oe chinese. if china wants the kim family gone, poof, they are gone. as far as the stock market is concerned, it doesn't matter if north korea keeps its nukes or gives them up or gets a knnew regime any spoils will go to south korean companies like kia, samsung. how much did china did to make this happen? i think the guys who run china are fooling themselves if they think it will earn them major trade concessions. anything it may help soften the coming blows

with my friend larry kudlow laid up in the hospital, that makes navarro. the bulls did just lost a major bull market. i wear hats on this issue. as a citizen, i think china has gottway with too much. doesn't play fair on trade so believe me, i understand the desire to crack down on china. and just so you know, i articulae very position when larry and i were partners it has been my view. the administration needs to play nice with the chinese. and obviously, these north korean talks will have an impact

on our trade negotiations with china. the defense stocks were all down how quickly we forgot the g7 blowup last week i would be a buyer of every one of these defense stocks that were down today. every one. ill from an economic perspective, this north korea is close to being a nonevent. what will be talking about to because we don't care about what happened today by this point first we focus on the fed. we know the economy is strong. consumer price index this morning that was in line the bureau of labor statistics, here is one to focus on, came out with an incredible number today. real hourly earnings increased by just .1% in may

my favorite employment gage, the stock of automatic data processing was up five bucks monster. these are all indicators that give the fed a chance to raise rates. simply isn't enough inflation to justify slamming on the breaks and sending the economy. second focusoh, my, the huge win this very evening by at&t against the u.s. government when a judge said they could buy time warner with no strings attached the government's attempt to block this acquisition this ruling will mean this deal will close, you will see time

warner up tomorrow it also means that comcast will most likely launch its bid for fox assets and doesn't want disney to get. this decision is important enough and so pro merger, that i think you have a whole host of industries that are thinking of consolidating. a huge positive. more price market boosts today jpmorgan published a good piece of twitter we got a remarkable rotation back into the nasdaq we have been enjoying what i call a pepsico rally a move into the consumer goods

company. pepsico is emblematic. listen to my conference call tomorrow about this move i think pepsico has become the cheapest of the entire packaged good sector. che cheapest stock in the supermarket. i wish the money were going towards the financials but as i said, we are probably not going to go that many. instead, money is flowing into tech and good news here, not just flowing into f.a.n.g don't forget that adobe reports thursday and i expect a blowout. big money headed into paypal, the payment processor which i bet will be huge winner with legalized gambling that is how people are going to pay, with paypal

brad jacobs, monstro i will have more to say about rh, restoration, but we have got full empyment and this strength should not come as a surprise to anyone the korean peninsula has gotten more ink than any time since 2006 headliners don't determine stock prices, earnings, and the feds do diplomacy is exciting but not always relevant to the stock market andrew, my home state of new jersey andrew. >> caller: how are you doing i have learned so much from you

show alone and with this merger, i bought t-mobile two weeks ago. is it a good buy and a good investment >> look, that is a merger that will be erent, it will be let's say scrutinized in a different way. probably tougher i asked the head of anti trust whether he would look at it and he couldn't tell me everything but it was an indicator. you bought the right one and by the way, john le end dave in california. >> caller: calling from san francisco. >> what's up >> caller: i built up about a

half position in van tix from my cost basisould i down m right here >> you know, i like the payment processors more than anyone. and i think mastercard is great, and visa is great. american express is good and i think that gpn, global payments all good. if you want to buy more, ts fine i'm not against it tim in new york. >> caller: how are you doing today? >> just a fine daydon't know, it night, i think i have to have chicken. already thinking about what i am going to eat. >> caller: it is about balance. >> it is about portion control. >> caller: thank you for helping

me develop proper discipline. >> i got people saying nice things about me whicwill make me feel a lot better when i go home tonight >> calr: with the russell rebalancing coming up on friday and the following friday, is is an investable event or an event we should avoid. >> i have made a study of exactly what you are talking about and the answer is, this it is unknowable, and if anwoman tells you it is knowable, that guy can pound sand he or she is making it up. we buy high quality companies and we own them and we keep them there. headlines don't determine stock prices earnings do.

30% more glorious move that we predicd last friday. is there still money to be made? i am talking to the ceo. and i am eyeing sectors that are still playing catch up with this markets. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. >> announcer: lightning round is

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buy tiffany and ralph lauren what else do you expect? of course the numbers are good for retailers yet the quarter rh reported was unparalleled. wall street was looking for buck 02 and they. management raised their full year guidance. when tbers are that much better than expected, you better believe that buyers are going to swarm out of the wood work and it stands to reason that restoration will give you more it had a huge short position and explains much of the move. of the three, tiffany's 23 jump is most surprising

this move should have been gettable we knew the dollar had gotten weaker the president spent a lot of time next door to trump tower. ralph lauren stock was hard to figure it out. he was closing stores that weren't devering strong sales and that stock jump. rh, perfectly crafted short squeeze. the shorts controlled 35% of the flow although some of this was against the convertible bonds. hand it to garry freedman, who will be visiting us here not only did he buy shares for himself. he used two-thirds of the money raised by the convert when the stock was at about 1 bucks to

buy back shares when the stock was at low double digits all i can say is heaven help the shorts who aren't protected by the convert. between index funds and gary, long-term owners owned 30% of the float. dumber than shorting online. we knew restorations had been soft because of the hurricane in florida. so it stands to reason that texas and florida will come back strong now that those issues were in the past the last quarter showed us that restoration's change to a membership garry's decision to focus on profits, was already starting to pay off. we knew this going into the quarter last night which brings

us to today, where the stock surged so far, so fast, no time tor sellers to materialize i watched the stock go up last night. the shorts were getting annihilated and they wanted out. once the stores squeeze end, i have interesting news. i think rh could have more up side it makes sense to buy even after today's raise. dictates they aren't over after the first day no matter how hard they go. we have a style of running of the bulls going on in retail and the shorts are being trampled day after day after day. nate in ohio

>> caller: i am a young 18 investor, by the way, love your books. my question is about this new company called evokia. is this a good buying point? >> yes, we happen to love this company. we love everything involving water and water control. it is absolutely the way of the future and i think you have a winner there i think you have a definite winner tom in new york. tom. >> caller: hi, jim, how are you doing? >> well, how are you doing >> caller: big buffalo boo from new york. my question is about mcdonald's. >> i am up on that. >> caller: on. i bought 325 shares at 171 on a

mistake. i was screening the stock and i executed the trade i believe it was having problems getting through the 165 range and the last two days it stayed above 165, so i am thinking it established a new low at 165 to 166 range. now, my question is i ended up owning half of it on margin, and buying it at 171, should i take my losses now. >> i don't like margin, i don't want you to buy on margin, i think it is dead wrong i really like mcdonald's stock i know that the layoffs they are making is going to streamline the company, but you got to sell it you got to sell on whwhat is on

margin patrick in maryland. >> caller: booyah, calling about huya and they are considered the twitch of china. amazon paid about a billion dollars to acquire them. do you see this industry of live video game streaming being an asset. >> i think it ten cent is the one you want i understand, look, i've been adamant that alibaba and seco and secondary. i reiterate that alibaba i think there is more ahead. just like there is more ahead in the show with the dow jones average up roughly 18 points, are there

still buying opportunities to be had? >> i am going f the charts a company will change the way you visit the clinic the story behind technology in good health itself the ceo of cisco joins me to talk about acquisition, cybersecurity, internet of things and a whole lot more just ahead. stick with cramer.

all right. not everything has been roaring as of late some high quality stocks are marking time take cisco after remarkable run, it is up more than 40% over the last 12 months and it hased for several months and some of that is consolidation when cisco reported about a h ago, the company delivered some solid results and i liked it but the stock got dinged on response this week cisco is holds sayiini

event. could this ignite the next leg up, let's take a look with chuck robbins. mr. robbins welcome back to "mad money." >> hey, jim, great to be here. good to see you. hope you'll been well. >> same. hope same for you. >> everything is good. our warriors won the nba championships. >> let's go right to it. you have 30,000 people attending. i want to know what you announce and what you are hearing because you have your customers and partners out there. >> what we talked about is really the continuation of our journey right now to help our customers actually build their future network infrastructure that allows them to deal with this multiple cloud environment. we call it multicloud and we

announced a level of animation and analytics that have machine learning and great technology. we announced that today. as well as things like the google partnership which enables our customto seamlessly move their workloads through the private cloud into the public cloud. a lot of great energy and we are excited about what is goon. >> fabulous interview with diane green from google cloud. and what is interesting to me, this is not what cisco looked like five years ago. the buy side so to speak is not caught up with what you are doing. you would not have sat down with diane green five years ago >> she would not have sat down. with us five years ago but what our customers are looking for is the public cloud

economics and the ability to write applications one time and then deploy them to any cloud. and what google has pioneered is this open source platform. and we are integrating that with our technology and allowing our customers to have that on premise and for those applications to seamlessly moved into google cloud. and that is what we talked about last week. >> you were talking about the journeys you mentioned, going more and more towards prescription and looking at your bookings, it is exploding and yet, people do not seem to see that you are on the same journey that adobe was a couple of years ago, can you help explain to people why they are not seeing what the subscription revenue really looks like

>> on every call, we have been giving the metrics around how much of our software and subscription deferred revenue is on the balance sheetso, i thinkn addition to understanding that as we rolled out the catalyst 9,000, and this is the first in an entire portfolio of refreshed products that we have been launching, 25% of that business is in deferred and in subscription and on top of a network switch i think we have had a very good run with the stock and we announce guidance which was in line reflective of the fastest growing quarter. we feel great about where we are. >> there was a key day made when you announced a privately owned

company, not the acquisition i would have expected to old cisco and you agreed to sell software solutions. i want you todescribe the pivo using those two metaphors. i think a company would have normally been under the cisco fold >> well, i think if you just focus on a company and amy who is a tremendous leader, has got experience at google and involved in original creatn of their ad business. she understands analytics, built this incredible platform that has moneys of millions of pieces of data. we see the opportunity to leverage her skills, her team'ss

skills you can envision experiencing a web ex-meeting with someone on the other end and receiving something about that individual in real team i think the modern software capabilities, the massive platform they built, the ai and data experience they have is going to take our collaboration portfolio to the future. >> we had mark mclaughlin on last week. he is retiring, but he said we are taking big contracts from cisco, in security now i cannot let him say tt without asking him whether you are taking business from him or whether you are seeing him in the marketplace. >> first of all, mark is a good friend of mine, i have a ton of respect for him as a human, he is a great guy

you have to be able to ingest threat information and correlate that very dynamically and defend automatically to actually solve the problem we a trying solve in thee and we are the only company that has that architecture and we are the only guys to see 20 billion threats a day and defend we have this that processes with machine learning and they are tn filter attack or threat a few weeks ago. i feel good to defend against security. >> congratulations on a grea meeting and great presentations. you want a cheap stock, here it is, csco "mad money" back after the "mad money" back after the break. into retirement.

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understand why investors there is a lot to like about this environment and plenty of stocks that haven't run very much that i think are good fundamentally we are going off the charts with the help of rob moreno, a brilliant technician to highlight some of these name thatave been trading sideways and left behind. he thinks many of things can be ready to roar across a whole host of different eclectic sectors. so what does he like let's starts with the daily chart of u.s. steel. rather than giving them exefrmss like many expected u.s. steel has pretty much

traded sideways. i am stunned that all of these stocks haven done much at all. moreno points out that plunged down to 200-day moving average that game became a floor of support and then the stock bounced. new ceiling of resistance. for days u.s. steel has been grinding against the ceiling and now thinks the stock could be poised to break out the upside stock in question shooting higher up top, moreno is taking the moving average the mac d indicator. and he is overlaid it on top of this histogram of the oscillator

which measures whether a stock has gotten overboard or oversold the mac d made a bullish cross over anore os is still a long way from being overbought meaning u.s. steel plenty of room to run if we can get through the breakout that moreno is expecting and there is a fly in the ointment which is the chaikin money flow and in the case of u.s. steel, the money flow remains negative. if we can rally up to $38.50, moreno thinks it is going to be a breakout this to me is not as bull liishs he thinks. all of the american steel companies should have been higher by now. 25% tariffs means they can raise

prices domestically and take market share but he thinks thiss ready to take off next is edward life sciences came up with the amazing noninvasive heart valve. you don't have to crack the chest. it has been a monster and the first quarter of the stock has exploded higher. lately, sideways action. it has also made an inverse head and shoulders pattern. for those of you that don't remember, it is not an upside down bottle shampoo. it looks like an upside down person this is a bullish pattern in the book and it was the one that i found was the most bullish of all the patterns that i looked at. you can measure the difference

between the lowest lows, the head, which is known as the neckline, the line that connects the shoulders, that is when 23 bucks. which means it could be poised to attack another 23 once it breaks out above the net line guess what it did yesterday, and a gain right there a lot of people said i missed t no, based on the inverse shoulder pattern, moreno thinks it could be ahead. the mac d indicator is looking good look how positive this is at the end of april marking time, for a couple of months this looks like the next term of edwards rally right here you want another one, here is a daily chart of a company that

really missed is tapestry. formerly known as coach. sent the darn thing plummeting but moreno believes that tapestry has what it takes the accumulation description line, the ad line as we call it. it is another tool that happelps you tell what big investors that you are selling. 21 period signal meaning the momentum is improving. this suggested that investors are buying tapestry aggressively, if it can rally two bucks, in his view it is a vacuum and he wouldn't be surprised if it can fill in this gap. given it michael kors reported a

disappointing quarter, saw the stock get smashed and rebounded hard finely let's talk about the transports and they shine today and we are going to focus on fedex. after moving sideways since the february break down, fedex h traded out of its trading wrench and this move reflects the broader pick up of the transports in general and that we chose to highlight with this down here. by the way, and i think this is important. i have been spending a lot of time doing dividend analysis since the tax changes and fedex gave you a substantial dividend boost today. that doesn't mean every stock has come up too far too fast the charts is interpreted by bob

moreno shows us there are plenty of laggard companies ready to play catch up. u st have to dig for them. stick with cramer. with the new chase ink business unlimited card i get unlimited 1.5% cash back. it's so simple, i don't even have to think about it. so i think about the details. fine, i obsess over the details. introducing chase ink business unlimited with unlimited 1.5% cash back on every purchase.

>> 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 we'll play this sound -- [ buzzer ] -- and then the lightning round is over. are u ready, skee-daddy? it's time for the lightning start with allen in texas. >> caller: i want to know about applied materials. i >> i am going to say it is okay to buy here, but i can't pound the table. norman in maryland. >> caller: how are you doing i want to wish you a baltimore booyah. >> what was the stock? >> caller: chk. >> okay. it means you get a chance to sell, sell chesapeake. richard is florida.

>> caller: happy booyah from miami. >> what's going on >> caller: i was thinking what are your thoughts on self shot spotter. >> i am not familiarh it a bit of a homework. mike in new york >> cr: a big booyah and go bills. >> i love the bills. what's up. >> caller: endp. >> generic drugs i am saying i like trade only. i want to go to singh. >> caller: i have a question about jd. >> go alibaba. what d o i have to do

and that, ladi a gentleman, concludes the "lightning round"" >> announcer: lightning round is >> announcer: lightning round is sponsored by td ameritrade jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you ugh your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main . hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade

sometimes it takes a little while for a new idea to catch on but when it does, watch out. look at teladoc. we have been following this story for decades, i have always

thought it has an amazing context. video conference with your doctor somes you get sick when you go to that hospital too. not long, teladoc more than doub it is up more than 60% now the results are speaking for itself the company announced buying acompetitor. let's check in with the ceo of teladoc. welcome back good to see you. you should be pleased by what i am about to tell you i posted in this morning on my twitter file, that what are people's experience with teladoc. and most people are critical on twitter. not a single negative experience which is positive experience

after positive what are you doing >> you know, it is funny you say that, i used to run health plans and used to get hate mail. and now i get fan mail >> i love this concept. >> we are delivering care to people when they need it where they need it on their terms and it is nice, consumers are understanding it, payors are understanding and employers are understanding. >> one of the tweets is that someone got sick, pulled over and called and got a diagnoses is it that simple? >> it really is. matched up with their specialty and takes care of them in a matter of minutes. people get sick not on regular schedules.

>> it is 24/7. and this new acquisition makes you the worldwide leader. >> a year ago we acquired best doctors. >> which were the best doctors from the name plates sorry i didn't mean to interrupt. >> that gave us a full range of services, cough, flu, cardiac conditions advanced medical had the same vision but doing it outside the u.s. so this makes us the global leader and global virtual care provider in the u.s. we estimated 60 billion using conservative estimates as we can. this really opens up the u.s. multinationals who have just as many or half as many employees outside the u.s. as they do inside the u.s ex-u.s. insurance market and

going at twice the rate. >> where is medicare and medicaid >> the recent budget reconciliation act makes it available, for medical advantage plans, those are the private medicare plans and we think it is a precursor to open up the flood gates for the rest of medicare and medicaid. >> president trump is a business person, if he knew about teladoc would he say this is how we are going to cut out fat has he seen it. >> administration is supportive for virtual care are also providing care for segment of the tricare population which is the military health care system i think the government is takin behind technology to revolutionize. >> what happens if you are a big

enough health care provider saying we are going to do it ourselves. >> we provide service for about 2 million members under united health care. and we have a relationship with cvs. our clinical care model, and consumer engage model, it makes it tough for anybody to replicate. >> you have smart people, warren buffett, jeff bezos and they are looking for ways to save health care >> amazon is a client of ours with their employees. >> why don't these other two guys say let's try teladoc >> that is an excellent question, a great question for jamie diamond. >> i will put it to him and there is a famous tv doctor, look, teladoc is a way to save

money. >> this is definitely a wave we are past the point of inevitability for virtual care. >> i have to tell you, you are a visionary and i love what you are doing. and a lot of tt is suffused by the fact that every single person on twitter says you guys are great. ceo of teladoc, check my feed, everybody loves the thing. "mad money" back after the "mad money" back after the break. have parents who are trying to get their kids off of too much social media and computers, and then we have parents who would only hope their children have access. middle school is a really key transition point, right. the stakes start changing. students begin to really start thinking about their futures. what i like about verizon's approach is that it's not limited to just giving kids new tools, it's really about empowering educators

to teach in different ways, and exposing kids to more active forms of learning. giving technology is not a total solution. teaching technology, now that is. cdw brought it orchestration to across the city.es increasing productivity like never before. which is amazing. unless you're a barista. cdw implemented a dell emc unity flash storage solution. keeping data available and people connected from anywhere. so lucky me. so nobody wants coffee? hey can i get a couple copies? increased flexibility by dell emc. it orchestration. by cdw.

i thought the government could win on something and i got that wrong a blowout win for at&t and that is going to set in motion a lot more deals get ready, hold your hats. probably going to go higher just on that. 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 you tomorrow

>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll investheir own money or fight each other for a deal. this is "shark tank." ♪