final trades when facebook waste trading 1.44 dance with the girl you brought. >> you want to sell it now guy. >> no, tim facebook. facebook to you, mel. >> back tomorrow at 5:00 with more fast. 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. at this point in the business cycle, the point where

the fed is champing at the bit to keep fighting, we want bad news s&p surging, nasdaq polling 1.85%. the best thing for this market would be getting disappointing news from the nonfarm payroll report on friday how do we get to this point? this stock market had a transforming bull into bear. as my friend accounts in the incredibly good report, the really accommodative low interest rates that we needed when the economy was weak, we don't need anymore we are gradually moving to a place where they are mutual. we may go past neutral

but a long way from neutral at this point probably. next day, that is the day vice president pence laid out a plan against china. regime change in the people's republic he said beijing is employing a whole of government approach using political, economic and military tools as well as propaganda whether or not you think he was being accurate or alarmist, this speech made it clear that the administration believes the trade war is more than trade then pence talks about how we funded china's military expansion with our trade

deficit. tamp down on descent and tyranny all over the globe the white house thinks we do that by cutting off trade. in other words this speech might as well as been called the pence doctrine the white house is going to stop with china that is usually very let's just say unlikely to have an optimal ending now for many people in wall street, this talk is unnerving the administration is taking what i call the gold finger approach the market wants to see some kind of deal but the white house is fine with no deal as long as it destabilizes the communist party. if you look back at the turmoil

that characterizes this miserable month, it started right there. with jay powell and mike pence yesterday we took a header when we heard the president is going to slap tariffs on everything china is going to sell there is no way the chinese government will give in to the demands. this is the thing the white house doesn't get. i don't think they can accept a one-sided deal theoretically, there should be a silver lining. more tariffs should cause the feds from curbing the interest rates. inflation makes the feds even more eager to tighten. every single data is

scrutinized. take today, classic. this morning we got the s&p 20 city housing index and it showed an anemic .1% bump in the lowest for its annual increase in 20 years lowest -- i'm sorry 20 months. been on the other hand, hawkish powell could say home prices have risen this trajectory for home prices will decline next month. we will probably need to see that decline happen before he will consider changing his mind. there was something for the hawk and something for the dove here. the ceo of paychecks was on "squawk box" this morning where he said it showed an up tick entrepreneurs are more positive to almost every aspect this

fall wait a second, the paychecks small business employers watch gave us the numbers we were hoping for job growth decreased .77% from a year ago aha that means workers have gotten too expensive so companies are not hiring as many people aths they are some good news that gives powell more ammo. however, yellen is also worried about volatility if the price recruits falling per siptously, how is it going to handle. what does it mean that under

armour had a much better rally the call came back and said wait a second, it was strength in international that did it. i said it was a reflection that under armour's bad inventory finally cleaned up ge just reported a staggering loss sending its stock down 8.8% to ten bucks and change bad numbers from ge what a life saver. and facebook reported that it was up and down and up and down. now let's sum this one up. if you want stocks to go higher, we don't want to see bad data, just mixed data. mixed data like the figures we

saw today. because if the economy is already slowing, then he can say you know what, the data is weak, let's wait and see bottom line, never forget when the feds are tightening in this business, the bad news is good news the more bad news like today the more fabulous days can be had. after they have moved once n the month of december. i need to go to alex in new jersey. >> caller: doctor cramer, how are you? >> i am good how about you. >> caller: good to hear. fine, thanks for asking. i want to get your opinion on a stock. with new integration to get users to stay on the platform, do you think as a chance for a buyout down the road, given a new partnership would brave

buyson the company i am talking about is snap, what is your thought? >> snap, was that it here is the problem with snap. i feel that snap does not have good advertising sales and i think they are not well run and they have this nonpublic market capitalization i'm not putting any buy out there. and i think the company is losing a lot of money very fast. i am not that bullish in the thing. let's go to david in illinois. >> caller: booyah, jim, how are you? >> i am good how are you? >> caller: good. aurora, acb. the stock has gone down 40%, what are your thoughts >> let's clarify what i have been saying about the cannabis stock. i said all of the stocks with the exception of canopy are bad. the idea is if you are going to own a pot stock, that is the

only one that i am counting. i want all the others sold and that's what i have been saying and the idea is get out of the others if you have to go with one, go with canopy. what we are looking for a mixture of good and bad news like we had today. that's what you want happen. on "mad money" tonight, this market is taking its cues from the nfl. if we see this play out before, it is a company you may have never heard of the stock getting higher, is now the time to buy this corporation? i am sitting down with the ceo stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter

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for the whole month, i have been thinking about the power of negative thinking. is this a reprieve it is hard to tell in these things now i like to think of the individual session like a football game. you have to do a check down to make sure you are doing the right thing. the market took a header, the nasdaq which was worse than the dow finally opened down. then the second quarter, that was bullish. it kept going higher but at noon, the bears called all the way back and it was

looking dire until the fourth quarter when we got a terrific rally. there is one, two, three, four and remember, i told you there have been many sessions within a session. and i like to think of them as quarters you are looking for themes that transcend the game here is what i saw that justified rally. the s&p proprietor oscillator. you can't stay short past minus five and you to have buy something force yourself to buy something at minus six you need what we call money in meaning at the end of the day you should be putting more money to work than we are taking out it is only ever been wrong during situations with are we have systemic risks like we saw

during the gareat recession we are not going to have a recession but we could have a slow down. i think the oscillator could be telling the truth and it is only natural that the negative readings produce a bounce. almost reaching the end of the month of october and that is the end of the fiscal year for so many mutual funds. third, picked off so often whenever the rally opens in the morning, opens big, the bulls have been picked off and beheaded over and over didn't happen today. we had a not so hot opening and then stocks rose higher. groups like the defense stocks, finally caught a bid looks like defense contractors are coming down so far to

attract buyers even with a midterm election a week away and so many afraid the democrats taking the house and sell the stock. this semi conductors stock bounced too. nvidia, down 100 points from the high finally gained 9%. kemet. a gigantic capacitor company the internet of things, i think it was integrate to the rally. we haven't seen this during this whole month, masko, reported eight ugly miss and slashed its outlook. these stocks actually exploded

higher finishing 7% up now the power of negative thinking still had its way with amazon after coming to the gigantic charge, ibm got hit on its second day of purchase of red hat. first day yesterday, the stock got slammed anyway showing the vulnerability, of let's say the immune financial technology group pfizer still in the doghouse the end of the horrendous end to the october. and we had a positive interpretation of the negative earnings from masko. wow. five receivers well open ronald in pennsylvania, ronald. >> caller: hello, jim. thanks for your many years of

great guidance and fly eagles fly. >> thanks so much. what's going on? >> caller: in 2010, i bought stock in plum creek lumber which was eventually bought by warehouser, and lately they have been -- the good news is, for me personally, i'm playing with the house's money, and if the stock i own from dividend reinvested and they pay better than 5% dividend do you think the dividend is safe and the stock sold or held. >> this has been killed. you don't get a stock like this down 25% if things are so good in the economy this is what people at the fed should be looking at

not facts and figures put together by 26-year-olds what does the stock say? it says be careful fed, wearw r let's see if tomorrow's gain of four quarters. much more "mad money" ahead. i am going to check out the technicals, i think they could be a good guide here i'm going to go off the chart. and kemet shares have fallen 40% after july it is a company that is trying to find a solution to the leading cause of death globally, i will reveal the name it is exciting stay with cramer

after a nice break of a seemingly agony of october today. it is time to take a step back i have been cautioning you, we are seeing deterioration of key industries that translated into stock pain of the stock market. when things get painful, it is all too easy to become emotional. and emotion is the bain of smart investing. when everybody is panicking, you need to take an empirical view of the situation you need to remain calm and perhaps you should be selling. a brilliant technician, trifecta

and also the author of know your options. it is emotion free when you look at the price action and volume of the stock, it requires guesswork. how does pouring over these pictographs help us discern the future that is why technicians are looking for patterns that tend to repeat over and over again. when it comes to managing money, we all exist on the spectrum of fear and greed i am always telling you investors are herd animals and the herd follows fear has spread through wall street like an epidemic. you know i have been negative, but worth pointing out that over

a long enough period of time, why am i longer term positive than constructive. one of my best calls every was in 2008 and i told you to get the heck out you could avoid a short-term blood bath, that's what you should do if you think there is going to be a blood bath buy when there is fear in the street but is that where we are right now. i always try to judge this here is what bob lang says, he says we are not out of the woods. he says the fights keep tightening aggressively. you know, i agree with that. and let's see what the charts tell us. starting with the weekly chart of the s&p 500 the s&p has erased its gains for

the year but lang thinks it should have more down side here is the blue, see that right there. by the way, this is the first time since early 261016. second, the mac d as we call it, made a bearish cross over earlier this month it is the first one since the meltdown in february until the mac d recovers which could take several weeks, he thinks the s&p could keep trending lower many rallies are selling opportunities. we got very euphoric today, and maybe lighten up on things we haven't come down that far from the highs

lang points out that this will be the s&p's first down month since march. that will be the first time since early 2015, how low can we go lang thinks the s&p could fall to 2300 and that would be down 14% from these levels. he thinks it could take several months all i can do is say ouch to that how about that how about the weekly chart of the nasdaq the blue, sharply below it, that is there and that's become now, this is going to become a new ceiling of resistance the mac d made a bearish cross over from the first time since march. the chaikin money flow measures

the level of buying and selling. he says it is just been declining and just imagine what happens when that goesnegative to me, even though that is a glimmer of hope, he doesn't see it that way. the rsi, that is there in the bottom it is still not quite oversold which means the chart isn't signaling a bounce my oscillator says otherwise let's check out the nasdaq 100 longer term monthly chart. lang says the momentum is weak and has the volume has been rising suggesting that there is more pain to come the mac d has made a bearish cross over is the nasdaq 100 oversold he says not even close the relative strength index is

in the middle, as a matter of fact you can see it is closer to overbrought than oversold right now and what happens about small caps stocks? there is so much damage here it is scarey. this index is clearly the worst. it is already broken down below its 50-week moving average mac d indicator rolled over in september. and lang point outs that the volume here has been rising with heavy selling. meaning big institutions as for the russell 2,000 longer term monthly chart, lang wouldn't be surprised if it moves down to its 50-month moving average, down 10% the mac d indicator giving this bearish cross over

he thinks this tells you all you need to know about what is going to happen to the russell 2000 small caps interest. he says buying here would be like trying to catch a falling knife. sooner or later, the worst will be ahead of us and we are not there yet tough stuff here bottom line, the charts, the any indices interpreted by bob lang, that we are not out of the woods. i like that some down and outers rallied today. we are too over told to get hammered there has been substantial technical damage that has been done to this market. and after this residents it might not be done going down john in new york. >> caller: i have a stop the

bleed booyah for you this question is in regards account management do we treat them the same as far as maintenance and managing those accounts >> well, i gave a talk today and i have to tell you, i want to be careful of this. i am calling for, one standard way to handle iras, you can pick some mad money to buy some stock. but in both situations you want to do s&p funds. it is right for both of them, and it is important to recognize that the s&p funds is the best but ira allows individual stock picking and that is why prefer both individual iras dan in missouri. >> caller: my question is going

to be on alcoa aluminum demand is still expected to grow do you think it is a time to be bullish? >> if we are heading for a slow down, then i am not going to be a buyer of alcoa and a slow down will definitely hurt it. the charts according to bob lang suggest it is a reprieve chartists believe that we could have more down side. got to respect bob's opinion this may be giving you motion sickness, but good to see that good news is still considered good one company that has your heart and mind under the radar bio play just next stay with cramer

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this is a very difficult job. failure is not an option.a. more than half of employees across the country bring financial stress to work. if you're stressed out financially at home, you're going to be too worried to be able to do a good job. i want to be able to offer all of the benefits that keep them satisfied. it is the people that is really the only asset that you have. put your employees on a path to financial wellness with prudential. bring your challenges.

even in a tough market, i tell you good things can still happen not just with the market, but individual stocks. and very much in unlucky places. take kemet corporation with a stock that has been very, very down and out for months back in september we got a call on this stock from jay in new york i wanted to give it another look after roaring in the first half of the year, the darn thing went into a slide investors were worried about kemmet's fate. company company delivered a monster earnings speech. management rolled out a modest

dividend this stock served $2.79 cents. let's check in with per olof loof welcome to "mad money." >> thank you for having me good day to be talking about kemet. >> i want people to know what you guys do. you may have triggered a larger rally because of how broad kemet's components are used. >> we are used in just about every application you can think about. it may not be a household name, but we are pretty much in every household. we cover auto industry, industrial, telecommunication. you need some of our things to

support the semiconductors on the board. >> now what i felt when i read through these incredible numbers is that a lot of people feel the internet of things has slowed. since you are broadly in the system, to bet against the internet of things may be a stupid bet. >> i personally think so what we are seeing is a trend and not a bubble yes, they are cyclical things that may happen in the marketplace and we will be affected by that as well and actually, we are just in the beginning of the digitization of society and companies like us and others will benefit with that for a long time to come. >> now you have 15% of your business is in auto, are you seeing a negative bent to your auto distribution? >> no. actually, auto is doing very well and we expect that part of our business to grow nicely.

and if you just look at how many components are in newer cars and not just from the eelectric t f trifiation of the department, if you take tesla we see the need for these come spoken in the meantimes to be growing quite nicely over the next many years. >> we like to judge in "mad money" by how gross margins are. your gross margins are exceptional. that means you have pricing power? >> today what we are seeing is no declining asbs. we are used to declining asbs and the it market of course. but pricing is stable.

>> we have felt there is a pc boom that is happening we have been talking directly to the manufacturers. and you are in a lot of circuit boards i have to presume, that you see no pc slow down. >> we see pcs growing. and just like our company, we are changing pcs faster. the new capability is improving so much. you want to stay ahead of the curve. you need to invest in i.t. and that is good for us. >> you need to talk about what a capacitor is i was not informed enough. and you own this market. so tell people why you use that

particular material and why it works so well. >> well, tantelum was invented by bell labs so we have been doing this for a long time and per real estate unit you get more out of this capacitor than many other. and many companies are using that capacitor when power and speed is of the essence. >> one last question a lot of people think there is a slow down in telecom 14% of your business telecom >> we have been talking about five g for some time and it is

coming five g is coming and we all know that more componentry is required to make 5g happen, and it hasn't even started as of yet. >> we needed to hear that. thank you so much kemet corporation. go to the website. there is a good video. "mad money" back after the break.

>> announcer: lightning round is sponsored by td ameritrade it is time it is time for the lightning round on cramer's "mad money." that's where i take your calls rapid fire i tell you to buy, buy, buy or sell, sell, sell we'll play this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." starting with eric in california. >> caller: booyah, jim, how is it going >> going very well how about you? >> caller: i would be better if

i didn't buy seagate. >> i can't recommend them. i just can't let's go to john in florida. >> caller: booyah, jim, booyah. >> booyah. >> caller: rds/a. >> made this our biggest oil position we keep buying it. and one of the best quarters i have seen this whole different reporting period shawn in massachusetts. >> caller: booyah, jim, how's it going. thank you for taking my call and congratulations on the super bowl win. >> thank you so much. >> caller: i am looking at bfbr. >> it is one of the few ways to play one of the few capitals in

brazil i am not going to fight you. let's go to frankie in california. >> caller: interested in valero. >> i am too. i think you buy the stock here it is down very badly. yields 3.55% how about jeff in new york. >> caller: hey, jim, love your show boyd gaming. should i hold it >> yes you don't have chinese exposure. james in pennsylvania. >> caller: this is james from philly thank you for taking my call i'm calling about square with the guy leaving, the cfo leaving, do you think it is time

to start nibbling. >> i was in london this weekend, and all anybody could talk about, is how could you buy square without sara fryer. i think there is more to the stock than just sara fryer and i think it is okay to buy right here that is my take. richard in colorado. >> caller: hi, jim, thanks for taking my call. >> you bet. >> caller: i have a question about cbre i got it because it involved commercial real estate and it is global but now i am wondering in these terrible times if that is the right -- >> i generally believe that commercial real estate is the next shoe to drop in this rolling slow down. so cbre is going down with that. and now, they will say everything is hunky-dory and i am going to say i don't

want to touch commercial real estate and that, ladies and gentleman, concludes the "lightning round"" >> announcer: lightning round is >> announcer: lightning round is sponsored by td ameritrade so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade.

look, for those of you worried about the slow down of the economy, maybe the fed gives us one you might want to load up in some drug stocks

companies like myocardia focused on treating the number one death worldwide, cardiovascular disease cardio cardio cardio my yopthy so could myocardia be worth picking up here? let's dig deeper with the ceo of myocardia and learning more about this company and its prospects. good to see you. why don't you tell us how myokardia is stepping up in the breach. >> we are seeing one-third of

all people die of cardiovascular disease. and you would think there is a ton of innovation happening. and we are seeing the opposite fewer drugs getting approved in the last few years and that is why myokardia is doing. >> we have had major companies like medtronics on, they make devices and this is not a device thaw are working on. >> no, we are designing specific therapies we call with an approach called precision medicine this is something that has been challenging for cardiovascular medicine we think about genetics, imaging, and family history. we design specific drugs that are aimed at the cause of the disease. we are hopeful that not only are

we going to improve symptoms and restore people to normal living and potentially reverse the disease. >> current standard of care is what >> drugs that have been designed for other conditions we are talking about beta blockers and things -- >> you are talking about beta blockers still when i was born they had beta blockers. >> it is true. in some situations they can provide symptomatic support. patients are benefitting, we have to do this in cardiovascular disease and we are leading the charge for that. >> when people have heart failure, is it too late for the things you are designing >> not necessarily, one of the biggest outcomes is sudden death, a-fib, and heart failure. and often unfortunately, we are

picking up diagnoses when patients are coming in and short of breath. we are studying symptomatic patients who have severe disease. and they are already down the path and looking to bring them back >> so let's say people are watching and they say i have a bad diagnosis, could you get into a test? in a study >> you can look at clinical tria trials.gov and we have a couple going one that is underway for dilated card cardio my yopthy which is the opposite. >> so santa if fe is choosing myokardia to partner with. >> to think about a way to get

at this medical need, we all recognize that the need is there. but historically, they have been looking at very large clinical studies that cost a lot of money and take a lot of time and usually don't work out they have had some experience with similar approaches. in santa fe in particular with their enzyme unit. the science made sense and now we are on three years into the collaboration we are making a lot of progress in a short period of time. >> one last thing i always wanted to ask because i think it is important, does the company need money i tell people, if they need money, they can get it on that one. >> we are fortunate enough that we are well-capitalized. and has $4 million in the bank which moves us past 2020 we are essentially releasing important clinical data once

every two quarters now we are in good shape it will get us through our reading study. and we have to keep going with great science. >> many of us, including my family are cheering for you. that is the ceo of myokardia "mad money" back after the "mad money" back after the break. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life.

is f.a.n.g the undead? people hate all the members of f.a.n.g so much, that even i they just do okay, even if they miss on the revenues, then people get excited that's what happens when you get overly negative. remember what i am against, the power of negative thinking it blinds you to opportunities even if they are just short-term the power of negative thinking is not where you want to be. 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 invest their own money or fight each other for a deal. this is "shark tank." ♪ a stay-at-home mom who began her business in order to support her family. ♪ my name is kiersten and i live in los angeles, california, with my husband and my 12-year-old son and my 8-year-old daughter. i left my job to stay home with my kids, and then my husband lost his job, and so we desperately needed something to help pay the bills.