tv Mad Money CNBC July 20, 2018 6:00pm-7:00pm EDT
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>> i would use the 145 put >> so everyone's on facebook that gives you protection with the volatility >> it looks like our time has expired and i'm melissa lee, and for more options action check us out on cnbc.com, and "mad money" starts right now my mission is simple, to make you money i am here to level the playing field for all investors and 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 and i'm trying to make you money. call me at 800-743-cnbc or tweet me @jim cramer i'm not a chartist, but i do
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play one on tv weekly. given that i basal most all of my work on fundamental factors related to the companies i study and not the shape of their chart, the off the charts segment is both heretical to my traditional stock picking methed on thes, and i know from your feedback @jim cramer that you're interested in this analysis and its proven itself time and time again to really get a lot of people involved at the right level, say not for a minute as i explain in get rich carefully, there's been a whole chapt tore charting. how about i become a chartist myself i still single out stocks after studying the fundamentals and the annuals and the sectors and i overlay them on my broader world view at the moment >> chartists could care less about this stuff and they don't care what the company does i wonder if they can do their jobs with the company's names blacked out. in fact, i am sure they could. some of them hate the distraction for fear it would be
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against the stock's chart. i've become pretty proficient at charting over the years and i still allow the professional technicians to demonstrate how they use charting and to learn techniques that i can, in turn, teach you. that's why tonight i am picking the best of the best charts of some of the best technicians that we've worked with, exploring the patterns to the point that i'm pretty astonished at how accurate they can be. so i guess you have to call me a long-term believer that's why i've started nearly every saturday morning for the last 30 years reading the standard & poor's, formerly on paper and now on electronic distribution and make it for hundreds of charts i then go over the research available for the most winning of the charts and they become segments on the show that you see later in the week. why do the charts work >> people always want to know. >> first, you must consider them as they're foot prints at the scene of a crime these footprints traes out what money managers might be doing
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with their buying and selling of dollars. these portfolio chieftans that large funds know more than others including you and me. the charts of where their money goes and the charts of their stocks put together clues that these big boys leave second reason to care, there's a remarkable self-fulfilling nature of stocks so many professionals take them to heart that they'll simply avoid stocks with predictably terrible charts and buy stocks with charts that are in positive moves of the past. don't i know it? >> when i worked with karen cramer, she's a chartist at my old hedge fund she would look at the charts each money, seeking ones that had traditional breakouts and breakdowns and had me research ones with the predictable patterns to get a handle on what really might be going on and we get the brainstormy sessions a true and successions to produce excellent short and long-term results.
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all of charting technical analysis starts not just with the pictures of individual stock, but also what are known as the internals internals. patterns about stocks in the aggregate that give you clues as to the direction of the entire stock market for years now ever since the great recession that showed the inherent weakness with the systemic risk i talked about, there has been tremendous skepticism about any advanced of stocks while i believe the systemic risks have been reduced i know each rally creates a set of risks. i know many of you fear that you're coming in at a level that could turn out to be, let's say too late, too high, and you will lose money either way. >> sell, sell, sell! it includes analyze communicators to determine the overall direction of the market and more important than ever given that they're influenced by the tug of the s&p 500 stock futures. sometimes technicians and everything hinges on putting together the charts of individual companies and the charts of the bigger averages to
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create comparisons that illuminate conclusions about the true market strength they're looking for what is known as confirmation of a move to detect its legitimacy i think confirmations are incredibly important to the safety of a mood they need to be explained, and say the dow jones average hits a new high, and it woern't be sustainable unless the dow jones also hits a high >> the dow jones transportation index is a measure of commerce attracting trains and isn't that a good gauge if both the industrials and transports hit new highs i often tell you that the move is legitimate and it can be trusted and it is rell this is some of the oldest, and -- you often hear at the top of the show that i like how the
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transports are acting. that's because i am trying to see if the move has staying power in order to bless it i look at a host of other indicators and the housing index and the rth. that's the all-important etf that encompasses the big retailers. i would like to see the indices move up in sync before a truly bless a market move for you. you get all of the indices moving higher and you have to get the maximum amount of chips on the table oh, boy, but is the inverse true if we get a move up without confirmation with the majority of the indices, the whole rally could be a fakeout and can't be trusted. the classic example, if you go up to record highs before the great recession, you will notice something pretty incredible if you go back and study it you will notice that there was almost no participation among the financials and the retailers or the techs technical analysis got you ought of that market before it was too late if you followed those
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indicators and it did much better than the fundamentals what are the other internals i look at? i analyze the advances in decline and figure out if the rally is too concentrated and much participation and i like the new high/low ratio first the company has been doing exceptionally well, and third, larger portions of the federal reserve and interest rates and geopolitical tensions and politics have to be aligned to make some stocks successful enough to get on that new list that high list is rare territory. a stock that you would buy on pullback that's market related and not substance of the stock if there are a lot of stocks from many different industries, that's actually a terrific sign. so here's the bottom line. you may not be a technician, but you need to know what the charts are saying and you need to know how to read the internals to verify a real move or a phony one. stay tuned and we'll go over a whole host of predicted patterns
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that has e fused pretty much everything that we do around here and not only on the off the charts tuesday, but in stock selection every single day >> jim in michigan jim! >> jim, hi how are you. thanks for taking my call. >> of course, thrilled that you called what's up? >> i've got a question for grew. in this segment you're talking about secular stocks could you define for me once again, what's a secular stock and give me an example or two? >> this is a very important issue because it's a term that gets thrown around and people with secular and parochial a secular growth stock is something that does not need the gross domestic product of the world to increase in order for it to be able to beat the numbers. some of the classic secular grower stocks could be some of the biotechs and some of the retailers that have terrific growth gary in california gary >> mr. cramer, boo yah to you.
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>> boo yah, gary >> my question is regarding dividends in a down other mmark. if you're accumulating is it better to re-invest them in a down market or to take the money as cash and then possibly re-invest that in other opportunities? >> we don't know when a down base will end and we know the power of compounding is an amazing thing so we're going to stick always on this show, i know it sounds pretty pedestrian, but we're always going to opt in favor of reinvesting because fortunes have been made through the power of compounding and i have to go with that regardless of the near-term consequences because i'm thinking long term technicals matter, too tonight i'm bringing you into the world of mastermind chart sore you can learn to see the whole picture. on mad tonight, we know the chart's important, but what technical tool can help you
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detect feelings? i'm revealing it and then how can you tell if eye company is ripe for a pullback and oversold and ripe for a bounce and mixing patterns isn't also for fashion. i'm highlighting patterns when it comes to investing so why don't you stick with cramer? ♪ ♪ 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 -here comes the rain.
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♪ ♪ tonight we are offering the best of the best of technical analysis a one-stop shop of everything you need to know to augment your investing. 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
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you are betting from the moment you buy them that they're going to go higher i know it's a pretty simple concept, and how many team do you do solid fundamental work and how do you find the right time to pull the trigger and ooh a terrible time and you're buying oblivious to the stock. maybe it's not the right moment. after all of the work i've done on the off the chart session ams i now say you're being short sighted if you don't look at how the stock looks technically, but before you put the buy order, in fact, i would consider looking at the chart of the stock and you like as part of the homework get that in your head. get it ingrained in your thinking sometimes finding bottoms after long declines can be incredibly lucrative. let's go back to the bottom of 2009 i had a sense that the decline's velocity was listening and i had heard the late great mark haines make his call. i know my friend doug that
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writes with me at real money.pro, that's the dotcom family had turned pronouncedly positive he was saying we were a generational bottom, but i was still skittish about picking an individual stock to recommend to you, so i was looking for a situation that was bulletproof as i could find. i came up with at&t, the phone company. and it had so much going for it and you had to go way back including the smashing rollout of the apple iphone which is going to produce record profits as it took apple and competitors and yielded 6.2% at the moment and the yield is just about any stock of the dow, and still though the stock kept plunging every time i thought it might have firm footing and notice, i'd done my research and no. check the chart so i waited and i waited for a few days when the stock seemed to stabilize and at last the level might be right, and dicey moments like these
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it's best to check with the charter, so i did. i put in four. four charters. amazingly, they had found the foundation ask it was definitely worth considering and they didn't care at all about the fundamentals and take a look at what attracted it and take a look at this chart first all four technicians agreed that at&t had established what is known as a climax low back in the tsunami of selling that was this period and you have to understand that we are at just one of these moments that was just so hideous you can see the big lift in stock and then, i don't want to give away the story. that's where lots of sellers had capitulated. this is where they capitulated right here, but buyers had started to step up to create a base, okay see the extended base? they arrived at that volume and the sum of all of the transactions had expanded to a level far in excess of a normal period's trading so you can see, was there no appearance in trading and boom
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that's a sign that the sellers had exhausted ems thises and the volume levels showed that most of the portfoliomanagers wante a stock and they had flooded by now. at the same time buyers had stepped up to meet the supply with the level of demand think of it like this, until you got the climax there were so many more sellers than buyers and they knocked the stock down, as long as sellers were dumping no base can form bad time to buy. potential sellers are finally giving up en masse technicians don't care why that might be the case. the stock doesn't go down and that means it at last the stock has found its force. it's time to buy and it's safe and that's where the buyers are equal to the sellers and the power to determine the direction of the stock and that's a form of equilibrium it's finally upon us
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okay, that's going to happen when the stock takes out resistance overhead, okay? the technicians don't just look at the closing price where we close. they don't just look and say that looks good and looks bad. that's not helpful instead technicians use what's known as a moving average to better represent the stock's price movements and a moving average is taken by closing the closing number of the stock over a closing time and taking a measured period and we're doing everything tonight i'm breaking it down for example, you can measure a moving average or say a ten-day period by averaging ten-days and dividing by ten and plotting the number on the graph. each subsequent day you drop off the earliest price to get the sum of the new ten-day measuring period the four technicians i checked in with at&t, they selected a 2 hun-day moving average they noticed that even though
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at&t has most certainly found a floor at the $21 level, that the stock had repeatedly bounced off of, and they kept failing, meaning couldn't get through to move above the 200-day moving average and they had all done the same amount of work and that created what looked to be a ceiling. and the 200-day moving average and there's nothing they can do. the stock was capped and then at last, at&t cracked through the ceiling of resistance and that was the signal and a great trade or an investment, and here's the new floor. every time the moving average went above the old move, and then the stock would come back and test the floor and it held this pattern as they recognized it didn't break the new-found base it didn't go back to where that
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climax low was it held! looking back at the beautiful bottoming thatwe see here with at&t it now seems like child play at that moment it wassing any, but easy and the technical analysts are saying the bottom was in and it was time to buy, and the fundamental analysts were scared out of their wits and they were all scared to death right here some were even worrying about pension obligations that can cause the dividend to be slashed and something that was way, way wrong and it scared the heck out of me and remember the people earned the stock in the dividend that base and that floor gave the stock a baufrning pad and almost a straight line into the 30s and it's one of the biggest gains the stock could ever give you. when you give the reliable pattern, despite what the fundamental analysts have been saying you have to use the ditz mrin that these technicians give you that might otherwise be overlooked after the market takes a real shellacking
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never took it out and way up after the break, i'll try to make you more money. take control of your financial future cramer's full interviews, full episodes, analysis and even your own sound board. plus special access to mad money 101 with rules and techniques to break down the market for all investors. >> the red flag that makes me want to drop the stock immediately. >> everything you need right when you need it the new madmoney.cnbc.com.
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you determine whether the stock was overbought or oversold by the higher closes also known as the relevant strength index or rsi. it's a momentum oscillator that measures the direction the stock is going and the velocity of the move and we like to match the individual stock to something else and perhaps the relative strength of its sector or maybe that of a larger index and we measured the price action historically >> we are looking for anomalies where strength stands out. perhaps the momentum switch that we would aren't know if we'd read the research on the stock for relative strength chart where we turn to bob lang and tim collins and you hear about it all of the time on the show and many technicians vary the length of time, but they use shorter periods of time, ten days and two weeks and they're looking for any pattern that reverses the action of the previous period because that's the sign that a breakout might be upon us they love strong, relative
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strength situation, but they also like their buys after pullbacks get a better entry point. they really care about basis when a stock is overbought it is right for a putback, and they tend to snap back if they've gotten too far away from the longer term trend line a stock can fall so far so fast because it's technically oversold you hear me use these terms and we see these patterns constantly and they are likely indicators that indicate a change is about to occur if you were debating buying a stock and you've done all of the research and you find the stock is overbought, that almost always comes and that's because lion column has done enough chart work to know that the vast majority of stocksovershoot directions and we trace some of those moves better to an entry or exit point. charting, though, is tricky. periodically, some stocks are so
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strong they break through the ceilings and then they stay overbought perhaps for weeks at a time to find the historical trading patterns and they trap them within the band of extremes they defy the notion of the gravitational pull, and just can't be contained by any of the various ceilings that overbought conditions usually bump into and come crashing down from. when you spot these highly unusual moves, you know what you may have to strap in yourself to get a moon shot, and take a look at this one. here's what i mean this is rare, but when it happens it's big money we saw it occur in july 2009 as dan fitzpatrick pointed out to me using his fantastic oscillator and that's another momentum indicator that finds a bottom this time in las vegas sands. one of the largest casino companies, again, than the it mattered to the chartists had been repeatedly stalled at the ten buck level falling every time it hit.
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boom, boom, boom, you know, just not working, snook but when the bulls finally pulled out of the corral there was no stopping them they regrouped the cover from the overbought status and that's a very rare pattern. you see this thing it just stayed overbought which told you good things were going to be ahead. it never retreated as you would have expected. buyers wouldn't quit despite the stock being overbought and that's the strongest kind of positive move in the book. and no, you had to have the gigantic overbought and this stock proceeded to go from $10 to $48 pretty much in a straight line about no substantive pullback to speak of and overbought condition that can stay overbought is a golden opportunity for a huge move. it came right back to being overbought again remember, i leak to mariry try e
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fundamentals for the chart that's when the chief locust of profits for las vegas sands went from being vegas to mccal. the only place in china where gambling is legal. the change transformed lbs from a so-so company into an international powerhouse that might as well be named macao sands. the wall street analysts were still dazed that we'd had such a horrendous decline to begin with they weren't thinking about macao here volume is another key tool to chartists. we often say that volume is a lie detector, okay, telling us if a move is for real or not when there is a smart move on wide volume the technicians ignore it, but when there's a small move on heavy volume the chartists drill down laserlike and infinitely more tradable chartists aren't looking for accumulation on big volume, meaning large money managers
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have distribution and that's a synonym for the selling of a stock and that could telegraph a big decline. they measure these moves by something called an accumulation distribution line, where the calculation distribution line is arcane i know it is charting up whether a stock closes higher on greater volume on any given day versus lower or low volume and they'll allow the charting on website. i care passionately about it because it can go against the stock. they go against the fundamentals sometimes and sometimes they're right. we saw them being right in monsanto in july of 2012 this was an unbelievable one that i completely got wrong. thank heavens for the chart. i didn't like gmos tim collins saw it another way and he said the accumulation distribution line showed that while the stock had down days they were on light buys and all of the light buys you had low
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lies and that's a sure sign that more money was going into the stock than out of it, such a persistent and accumulation were buying pattern versus the distribution were the selling pattern convinced that large funds were with the stocks long term and not to rent it for a quick move it turns out that what i didn't see, what i was so confused about was that monsanto's stock had started to be correlated with the price of corn which was going higher back then because of newfound demand for ethanol engendered by government price supports and i was concerned about near-term earnings and worries about a shortfall and wasn't thinking big picture, but the chart showed you big picture. the work that collins told you not to fear. it was showing you that something bigger was developing and he was dead right and the stock that would have kept you out turned out to be a big winner when cord shot up taking monsanto's stock it knew the corn and monsanto's
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business, were able to piggyback off of the research which isolated the real underlying strength of the stock bas accumulated by the distribution line bottom line, we need to look at accumulators and overbought, eversold levels and despite important turns that might not be visible otherwise rather than trying to spot fundamentals. they can and often do elude those who are focused on the underlying companies and not the action of the stocks themselves. let's go to dan in illinois, please, dan. >> cramer, boo yah, thank you for de-mystifying the market and helping us make it accessible. >> i want everyone to understand their mono pep that's my goal. how can i help >> thank you i'm wondering, if i start with a small position in a stock, a company i like and the stock just keeps going up and the most it comes down is maybe two, two
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and a half percent, how can i get a more sizeable stake? >> that's one of the thing, we'll cut off the down side which is far more important than buying up the upside well, it's a trade and you've 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 and years. i have done the work it is almost always a mistake. chartists use all different types of indicators to spot big moves and that helps them stay ahead of the game and the fundamentals much more "mad money" ahead. head and shoulderers isn't only produced to make some mono pep your charts, you won't want to miss my take on the dynamic between the two. >> got a burning question? i'm keeping the tweets and i might answer your question when
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i'm there. stay with cramer the earnings are relentless and the schedule is grueling, but cramer has burned the midnight oil and he's ready to run the gauntlet to find you a raging bull market powerful executives and 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 from must-see interviews you can't afford to miss for your heart... your joints... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally discovered in jellyfish,
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we learned a lot tonight about the key terms of technical analysis now let's look at the individual charts the minute you find fascinating even as some of the patterns sound silly as if they're mimicking letters and even body parts. i learned not to ignore the most reliable patterns out there. the dreaded head and shoulders pattern. the house of pain. >> it took a giant bath and
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because of that ill-informed or can i say early buy. remember, i like to do mea culpas on the show you can learn from mi mistakes we have become enamored with great work and make it less dependent on metal itself and more proprietary forms of aluminum when it announced it would split into two separate companies. take a look at alcoa, the winter of 2010 right up to february 2011 rising to there are 13,nice rise, right? up to 17, not until the stock hit 17 it took a quick dive back to 15. no reason i could discern and then it quick le reversed and went rid back to 17. and then to 18 on the eve of the quarterly, and meaning the top and bottom leans most of the time that's all you
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can ask for. what worried me, though, is after the initial positive reaction, the stock then dropped to 16 and change on the news of the better than expected quarter. their it's back to 17 and i felt vindicated, come on. now they're ready to challenge at the 18 level. so i went and bought more. i went and bought more right there. i don't think so that 17 to $15 dive represented on the chart as a .a and b, then followed the run to c, 18, back to 16, d and finally 17e and you know what that is? that's a perfect head and shoulders pattern. yeah, just like they said. that is it that is the most frightening pattern in the entire short book and alcoa had traced it down just when i thought we were out of the woods
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what was happening the movement came at a glut and starting to work so hard to execute and he took control of his own company and not the price of the commodity itself and over the course of the next few years, it was much less dependent on the commodity and the it rallied well off its lows and it came after the completion of the brutal head and shoulders pattern and one that cost the trust a pretty pen pep ony one of the things i admire is the consistency. an inverse head and shoulders pattern signals's real chance for glory. at the beginning of january 2013, people thought the economy was taengiking off and of thther were headed to the cyclicals and youbit yo united technology and it's the death knell when the economy is slowing. however, tim collins on one of the off the charts segment said you want to take a hard look at
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pfizer because its stock was off of the head and shoulder, and it would be precisely the kind of company that i would shun. i would never touch this thing with the economy speeding up, but if you take a look at this chart, you can see that pfizer traced out a left shoulder as it rallied during the month of october. the stock bottomed to form a head and in december, it caught a rally and a pullback to create the right shoulder the key with this pattern is the neck line and the head that connects the head with two shoulders and you were about to witness a big, big, big move pfizer's neck line was the $25.80 if you take out that neckline it could be in for a monster run any given that the drug stocks and headed for the industrials and i was confined by the bullish head and shoulders pattern. i didn't trust it one bit.
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i knew it was a bad stock, but collins said rotations, and you were ready to close your eye and buy the stock because something big was going that could buck the market's revealing trend by anything conceivable surive in, he w sure enough, he was right and i was wrong. after collins told me to buy it with both hands. what caused the mood soon after collins flagged the bullish reverse head and shoulders about him, the huge drug company decided to spin off the animal health division it was a shocker into a new and publicly traded company, in a move that openly created $15 billion in value who knew the chart did. here's the bottom line patterns matter. when you see head and shoulders pattern no matter how confident you are in the situation, sell, sell, sell some of it, please and when you see reverse head and shoulders developing, even if it makes no sense to the stock it's happening to, that's how you have to consider buying
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so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. and it's also a story. mail aabout people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you we run the gamut of technical trading on this special show including the head and shoulders and the reverse head and shoulder, but those
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chart patterns aren't the only ones to be relied on to tell us the truth as to the direction of stocks one chart type we've come to love on "mad money," the cup and handle pattern we've seen it so often that i've used it to keep myself in stocks that otherwise i might have been turned off on or shaken out by take the stock of cramer fave domino's we got into it back when it traded at $10 and we were feeling pretty darn greedy, next thing you know, it exhibited dubious sideways actions i hate these turning situations on no news why because i'm paranoid that something might be happening and i don't know about it and other guys do! when the analysts are if which was the case of domino's in the 30s and that's when the technicians are most needed and so was ed ponce, and asked for his help to define if domino's
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moment had now come and gone take a look. here's what he said at the time. it had started to drift back up and we were telling you to sell and we thought it might have been gone and maybe we should ring the register and take the big gains for the viewers, so temping rig tempting rid there he told us to do the opposite. that was the sign he needed that all was well he said it was a very special moment and he was anxious to show us why. you see, with the return back up to 36, okay? domino's was tracing up a perfect cup and handle formation! that's right a pattern we had found with head and shoulders. a total launching pad for a much bigger move. you caught the beginning at $36 and it sloped down to 28 where the base of the cup was, okay? i was very nervous right there he told me not to be and created the right side of the cup and we
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got a little saddle to 37 and 38 and that would be the beginning of a handle that almost always signals a much higher move he always goes like that very reliable. >> he nailed it and it had the base of the cup. it turned out that the stock was simply consolidating and this one's positive action! domino's right there, what they were doing is they were embracing technology web and the cell phone and facebook eliminate order takers and let customers place customers via the net. we would have left a minimum of a double on the table if it wasn't for ponce's guidance. when i was concerned about monster beverage i thought it had run out of room and couldn't go higher i needed chartists to give me the skinny because red bull competition was crimping monster, one of the best performers of the era and there was a possibility of the energy
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business always deadly and ed set me straight. check this one out he said for monster stock, it had been bouncing off his 100-day moving average every time he looked leak he was going down, he said monster was tracing out a series of try aejs where you get a resistance and an upward sloping floor. see that where the stock punches right through. he said that any time you get these pennant formations which are just short-term consolidations that are preludes to what is known as a continuation pattern, you do not have to worry about a stock running on empty as a matter of fact, you ought to buy this thing with both hands every time it proceeded to jump to 79 confounding the naysayers including short sellers who had even cared about it, they were just worried about the government intervening they tied up with coca-cola, and
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a deal that worked the energy world. once again, i would have been shake e shaken out of this stock's move if it weren't for ponce. there are pennant formations, for instance take a look at this chart. big move up. citigroup. everybody hated it in june 2010 where the lows kept getting higher, but the high stayed the same he loved this right here this is what's known as a wedge pattern. it's reliable and the triangle pattern is what ponzi believes in weave had tremendous success, and she's a fibonacci queen, and mathematician. you've heard of fibonacci patterns we use data from the commission, when we asked the viewer in a direction of success
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the bottom line is they can exist and make peace with them both and you would make a heck of a lot more money if you're blind to one or the other and certainly to both. "mad money" is back after the break. ♪ ♪ ♪ ♪ ♪ good evening. glengarry chamberlin, esquire. welcome. jimmy crabtree, plus one. welcome. ♪
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hey, cramerica in charts you're looking for trends and finding big moves and the meaning behind them. on twitter, what's trending it can also tell you a lot. today i'm counting down some of your top tweets to see what's trending first up, we have a feel-good tweet from @dthompson. thank you, jim cramer for your good advice and, that for your books and hard work saving and investing. i retired at the age of 55 i want you to continue to own other stock and you will not get income from other bonds and
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stocks compound. you get that dividend and keep re-investing my 19-year-old son wants to start saving for retirement. unfortunately, as boring as all get out, just find one with low fees and i'm not going to recommend any particular one, but witness they put $10,000 aside then they can focus on individual stocks and the rules are that variance. next@hs, and the rider @jim cramer and the top one don't let the haters get to you, jim. keep doing what you're doing and stay above their pettiness i get tired, too, and i get a little angry and a get a little feisty and this is my little zone, right? it's all -- you come into my box, you will have to be tackled. i'm not looking the other way. next up, at villamarinj writes you want investors to max out, before investing in single
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stocks again, this show is incorrectly known as some sort of trading show where we don't like index funds. we are an investing show where we demand you be in index funds. sorry for the misinterpretation, last, but not least. excited to have found the @jim cramer show, and the guys have valuable information for free, and i only wish my mom and dad were still alive because then finally, they can say, hey, i told you, jimmy! stay with cramer this is a story about mail and packages.
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and it's also a story about people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you is this at&t innovations? yeah, wow..this must be for one of our new unlimited wireless plans. it comes with a ton of entertainment options. great, can you sign for this? yeah. hey, uh.. what's in that one? that's a shark. new and only with at&t, you can get unlimited data, 30+ channels of live tv, and your choice of things like hbo or pandora premium. more for your thing. that's our thing. visit att dot com.
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to find the best flight for me. so i'm more than confident. how's your family? kayak. search one and done. all right. i like to say there's always a bull market somewhere. i promise to find it just for you right here on "mad money." i'm jim cramer and i will see you next time! mr. cramer, absolutely love the show my kids are in elementary school learning so much from you. >> i know you hear this all of 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. >> i am trying to keep you being better investors and that's the goal here. >> great to hear your voice and
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know that you're there for us. narrator: in this episode of "american greed"... money, greed, lack of moral values. maybe he's a sociopath. i don't know. narrator: ...bill mastro helps turn a niche hobby into a multi-million dollar criminal enterprise. grimes: he's referred to by some as the godfather of the industry. he really, on his back, brought this industry into what it was and what it is. narrator: and it isn't about kids getting baseball cards in packs of gum anymore. lichtman: any hobby, business, whatever, where money can be made, the cockroaches fly in. narrator: and like baseball itself, this industry has winners, losers...
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