we'll see in march how they did. >> guy adami. >> it's a great show tonight, mel. >> jam packed. >> we do that thing at the smart board we call power pitch. you might want to check out newmont. >> that does it for us we'll see you back here tomorrow at 5:00. don't go "mad money" with jim starts right now 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. i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to teach you call me at 1-800-743-cnbc. or tweet me @jimcramer the stock market isn't always a friendly place t can be volatile, painful and just downright difficult. there are tons of big picture problems that can derail any

rally. problems you might not have any idea about until they hit us that's why i'm so adamant about making you better. i want to you know the tricks of the trade so when the market turns negative and gets hostile you'll know what to do i spent my career analyzing the way stocks trade searching for patterns of what's worked with me and from those i put together a set of rules, rules that are designed to help protect you from the worst mistakes you can make in good markets and bad as much as i sometimes might seem like an unhinged lunatic, the truth is that i'm all about discipline you'll make mistakes but if you stick to your discipline and rules that should help you minimize your losses and

maximize your gains. dough let's talk about discipline i use that phrase constantly it's that important. why should you try to identify the stocks of the best run companies? let me flip that on its head why is that a question you buy the best you can afford. we pay up for the highest quality brand because we know that a brand, a good brand signifies reliability and tells us to expect a higher level of service and quality of ownership that makes your drive safer and easier for years to come the idea that you would purposely try to buy a worst of breed card -- nobody says i'll take the one without air bags. why is it so many people think differently about the stock market why are we drawn to the penny stocks i think it's because many of us simply can't resist what we perceive as a bargain, emphasis

on the word perceived. if you go hunting for cheap stocks it's more likely to lead to losses than games i'm all about bargain hunting but it's only a bargain if the underlying merchandise is worth owning a real bargain when is it gets hit with a sudden sell-off and you can pick them up at a discount you know what's not a real bargain? buying junk merchandise just because it seems cheap remember, at the end of the day there are very few genuine bargains out there when it comes to second or third tier players. their stocks may look cheaper than the top dogs but that's because they deserve to be cheaper. the businesses are worth less. don't worry about paying a higher price for a best of breed business it may seem more expensive but in addition to usually being the better investment you're also buying peace of mind own best of breed companies you almost never regret. when you find yourself one, the kind of company with a story you believe in, i got another important rule for you, high

quality companies represent value and giving up on value is a sin. i see many people throwing in the towel on companies that have real assets and real worth patience is a virtue if you have reason to believe in a business don't dump its stock because it's not getting traction you're not a hedge fund manager. you don't need your positions to show a gain every day. you don't have investors who will their money from your portfolio because one particular position is taking too long too pay off. that means can you afford to wait for these that's your advantage over the hedge fund manager i say this because you'll be tempted to sell even best of breed stocks at times and may correctly identify value but this can make it difficult to stick to your guns even with a company you truly believe in when you own a stock that's going down you will feel compelled to give up on it i though that but in many cases if you've done your homework and that urge to sell will be a mistake. and look, it happens to all of

us in 2016 i did an interview with tim cook, the ceo of apple after his stock plummeted from 136 to 93 in a fairly short period of time remember this -- >> backing up and looking at the larger picture we're in great markets. we have huge opportunities gee grabically we've got great innovations in the pipeline, people love our products they love using our services all of this to me equals great opportunity. now, your viewers have to decide what they want to do obviously but this is how i feel >> wow, people were giving up on tim left and right i looked at the stock which was selling at an incredibly low price, i looked at the consumer loyalty, 99%, the service revenue stream and cash position, i said what the heck is the point of selling this particular stock that makes the greatest products of all time? there are tons of apple skeptics

constantly arguing the company's best days are behind it. presenting these surveys of their components, suppliers is evidence the business is in decline. time after time they've been wrong yet they get away with it. i don't want you to fall prey. turning out to buy it at 93 was a fabulous call. the insane negativity gave you a wonderful opportunity. the key is apple is a high quality company so when its stock came down you know it's getting cheaper. selling apple at 93 would have been a classic example of giving up on value. and you would have missed a huge move which is why giving up on value is such a huge mistake so often. here's the bottom line don't be afraid to pay up for the best of breed stocks they may have higher price to multiple earnings than other companies but much less likely to blow up in your face. it is worth it once you find a company that is best of breed with a story you believe in, don't let the bears scare you away even if the stock is temporarily broken, patience is a virtue giving up on value, well, that's

a sin. let's go to fred in ohio fred >> caller: jim, i understand that when a company buys back stock that it can retire the shares or hold them in inventory. my question is, does it make a difference to us in evaluating a stock and buyback which approach the company is taking and how do we find out which the company is doing? >> i mean, what we do, a true buyback what we call their crunch in the stock and when the crunch a stock it's fine if they're buying it and selling it, it would be something i wouldn't want to be in what you need to know if it's crunched it's a buy. carlos in missouri, carlos >> big mad boo-yah from southwest missouri, longtime fan. >> i like that what's happening >> caller: hey, my question today is about fundamental investing. with all the micro trading and the algorithm trading and whatnot, do you think that's eventually going to go away, just investing on the fundamentals >> i think the fundamentals are

going to will out and i say that because we have found -- we have started to see periods of time where best of breed stock is doing much better than a worst of breed stock in a particular sector that didn't happen for a long time and it's happening now. i think if fundamentals matter more than ever gregory in maryland, please, gregory. >> reporter: thanks for taking my call. >> sure. >> my question is, after a stock run-up like apple right now, at what increase percentage point should i take profits so that won't be -- >> you know what, some of my books have been saying when a stock goes up 25% take a little bit off and that's what i've been doing for charitable trust. not a lot but the main thing is when a stock doubles you take that cost and let the house money ride listen up, i want to you survive and thrive in any market i want you to be the best investor you can be and that means not being afraid to pay up for the business of breed stocks better than all the rest

get your pencils i'm coming back with more rules of engagement. 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 mail at madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something, head to madmoney.cnbc.com. minimums and fees. they seem to be the very foundation of your typical bank. capital one is anything but typical. that's why we designed capital one cafes. you can get savings and checking accounts with no fees or minimums. and one of america's best savings rates.

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show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. how can you keep track of a confusing market let me give you some advice that rarely ever steered me wrong there are two things i want to you watch, one, macro, big picture and, one, micro, company specific let's start with the big picture. if you want to know where the stock market might be headed, i say keep your highs on the bonds. look, i know the bond market is boring but it's much larger than the stock market and more importantly it's very important to the overall direction of stocks back in the day when i was in my own hedge fund i would call in from the road the same way if i had to be away i would

begin asking where are the bonds? that's how much it mattered to me on a day-to-day basis yet stock market investors forget the bond market and forgot it in 2000 and forgot them in 2001 when traits aren cash were far too competitive versus stocks and would this cause a massive sell-off they forgot when the fed raised rates in the lead-up to the financial crisis overthe past decade countless tem ter -- temperature temper tantrum. when the yield on the ten-year treasury began breaking out ott 10% they panicked. when it pulled back too many were quick to forget about the bond market. bonds can punch your portfolio in the face.

a lot don't pay attention. bonds were boring. that's why i say don't forget bonds. always keep those bond prices and interest rates right in front of you when i was coming up i was trained to focus on them because they are the true competition to stocks. the competition i most fear. when short-term interest rates go sky high you have to expect that dividend stocks with high yields will sell off the one to watch is the yield on the ten-year treasury and be wary all stocks might be worse less than before if the bond market gets more attractive the stock market gets less attack tiff this is indeed a zero sum game you should be especially worried about rising long-term rates caused by a pickup in inflation. it eats away at the equities because their future earnings stream also have less purchasing

power and higher interest rates don't just make bond moss are attractive but more expensive for banks to lend and puts a damper on the economy. for a long time we had an ideal environment for stock, low inflation and low interest rates. incredibly benign backdrop ant don't let it lull you into ray false sense of security about the dangers of a big spike in rates. that's why you have to watch the bond market. let me put it another way. if it were basketball if you watched the man with the ball and not what the other team is doing on defense, the bonds, there's no way you'll get to the basket the men without the ball, the bond market can determine the stock action every time. many people who got in this game in the last connect dade don't know what bonds are. that's how benign they've been trouble when you say they went up today they think that means interest rates are going up rather than interest rates are going down. you'll be at a severe disadvantage when it comes to

investing in stocks. keep our eye on the about ball and the bond what else? on the micro level micro meaning the company specific level be cautious when you see unexplainunexplai unexplained resignations when the chiefs resign maybe you should go too. y yets, when you see an step down for no reason you should people something is wrong and do selling. i've sold stocks simply because the ceo or the cfo resigned and if it turned out to have -- i jumped the gun, there was nothing wrong, i'd simply buy it back in my whole career, whole investing career you know how many types they've left for an undisclosed personal reason, once visa s i racked my brandz to come up with other examples. ceos don't quit for personal

reasons. cfos don't either. these are fabulous jobs. you're paid a fortune. you don't get to do that by being devoted to your family you give up a great deal things like family, friends. competition for these pentagons is so fierce that when you finally land one, you don't up and leave. not for no real reason when executives leave for undisclosed reasons it's almost always because there's somethin wrong about the company. i know one who wanted to spend more time with her family. fine, of course, there are exceptions at some point somewhere a ceo really will step down to spend more time with his kids. when you're investing in the stock market it's not the exception but the rule there will always be some situations where it's a mistake to sell a stock when senior executives leave i don't care because most of the time selling will be the right decision this is the kind of rule that

helped keep me in the game at my hedge fund and help you avoid losses is what matters one way you do that by not taking unnecessary risk like betting on companies where the ceo just resigned for undisclosed personal reasons the bottom line, if you want to get a handle on the stock market you need to watch what's going on with the bonds, that should be obviously but it's something people tend togoer get when you're looking at individual companies remember n unexplained high level executive resignations equals sell georgio in illinois. >> caller: boo-yah, mr. cramer thank you for all you do i truly appreciate it. >> thank you >> caller: my question is what personal percentage of a portfolio should be in index funds and in cash? >> a lot depends on your age for instance, by the way, index funds are fabulous because you don't have to do the work on individual stocks and they give you a great diversification.

when you're young age you want to have 100% in stocks always get older take that money out and take the money out in get rich carefully and in literally all my books i talk about the different stages but as you get older you have to raise cash let's go to blake in nebraska. blake. >> caller: boo-yah, jim. with the current market volatility what advice do you have for young investors out there. >> ride it out young people have their whole lives to make back the money they might lose. older people, time gets shorter and you can't make it back okay, if you want to get in on the stock market, bond is the word when an executive steps down without an explanation, sell, sell, sell and stick with cramer

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before you can be a good investor you need to be a realistic investor there are far too many people in this game who are not realistic. either they allow their emotions to claude their judgment or they allow themselves to be surprised by the inevitable. let's start with that. you think people would get comfortable with the idea that stocks can go down, right? after the dozens of corrects meaningful pullbacks we've had do you think we get used to the process? if people are reasonable if we

were, you would assume we would say something like, hey, let's prepare for the correction because it could be right around the corner yet aside from the permanent bears who think we're always due for a pullback most people act like every correction is a total shocker type of thing that never happens so every time the stock market goes down there is a huge contingent who seem totally stunned. just caught by surprise. you know what, that's a bad attitude to me the corrections, well, you know what they're like, they're like the rain. i know that rain is inevitable so do you. i expect it to rain. when the rain comes i am ready skee-daddy and got an umbrella or coat and stay indoors that's how you need to approach a pullback sooner or later we will get one. best to keep some cash ready on the sideline that's what we do for my charitable trust in recent years we've had a lot of major declines preceded by

terrific up days during which we made lots of money in january of 2018 the stock market roared higher people were acting like it was an unstoppable rally but in february the averages, they got obliterated. why do i mention this? because the time to be most wore royed about a correction is when nobody else is concerned that is when we get those brutal supposedly unexpected declines when everyone is euphoric. i used to have i arule when i made 2% in a day on the upside, 2% i knew i was too exposed is the word you used i knew i was too long and had too much stock and knew my portfolio would kill me if we caught a storm so as the market lifted or if my performance was swinging too much to the upside i pulled back sometimes furiously selling right into strength to prepare for the big down day that had to be right around the corner sometimes the correction never came and hi to swallow my pride

and buy back the stock i sold but when we get hit with one mine outperformed so well my clients thought i was genius it wasn't genius it was discipline and preparation. plus because i had taken something off the table i would be able to buy all types of high quality stocks we do have barometric readings that can be helpful. if corrections are like crane where should you get your weather -- i pay for something that's right i like to follow the propriety standard & poor's oscillators. whenever this oscillator registers plus 5 or above that tells me we've come up too far too fast to the point where it's gotten dangerous so to me a plus 5 reading means you flaed to pull back aggressively and wait for a correct. what do i mean by that if you're nimble admittingly a

big if ring the register on half your portfolio that's right not half the stocks but half the shares in each position. that way you'll have a ton charact even if you're not nimble you should be selling something to raise some cash when that oscillator, again that i buy from the s&p company hits plus 5. and, look, i understand. maybe you want to take a little off. people aggressive want to take a lot off. when it hits minus 5 it means the market is oversold and that situation we've usually come down so far so far we're due for a shortt bounce. it's worked like that for years. that is a good place to put your cash to work if you haven't already by that point. worst case scenario, no storm stocks go higher and underperform the averages because have you such a large cash position. i'll admit that's a real risk but look at it this way, using this methodology i gave my investors a compound 24% return after all fees that was more than twice what

the s&p 500 would have given them over the same period. as i see it, that's pretty strong evidence that avoiding lots on big down days more than makes up for the possibility of missing some partial gains on the big up days. now, let's talk about the other component. yes, you need to accept that meaningful selloffs are inevitable like bad weather but you also need to stop yourself from making investment decisions based on misleading emoti emotions and the worst is hope hope whenever i hear the word hope as in i hope that doomed stock du jour will come back to where i bought it so i can sell it without taking a loss, i get furious. repeat, hope is not part of the equation don't hope for anything. hope is a emotion, pure and simple this is not a game of emotion or at least not yours every stock you own because you hope it goes higher is another stock that is not being filled with you believe will go higher.

that's fine if we're talking about religion or sports you know the coaches of some of these come from behind ncaa basketball teams keep them motivated by hope. in the stock market hope is a m mistake. when we are tea you canning about those that trade in the single digits, hey i, i bought it at $5 how hard could it be right? wrong. no company ever sets out to have a sing the digit stock they'll fight foote and that i will to keep them from going into single ding igit territory. when you let hope become part of the equation you can end up holding low quality pieces of paperweighting for something that will likely never happen. forget hoping, forget waiting for higher prices, i say the thing to do is to cut your

losses and move on to a stock you can actually see, can see going higher nerd, a stock that you had done the work and believe will go higher and it's not because of hope, but because of reason. the bottom line, it pays to be realistic in this business bill pullbacks are great and inevitable whatever you do don't make stock picking decisions based on hope. you need to invest in the real world, not in a fantasy created by your own hopes and dreams let's go to dick in virginia dick >> caller: hi, jim i love your show i listen and learn and profit from your advice >> thank you. >> caller: and i have a general question about retirees and the stock market i'm now 72 years oil retired and wondered even though i'm well diversified ki not risk a large market correction. am i n-- do you risk evaluing my

portfolio by adding bonds or bond equivalents even though we're in a rising interest rate environment or get rich carefully by being well diversified with stocks? >> i think at 73, i think you have many, many years but i think you should raise some cash i would say even i'm not sure about your work status but someone 73 to have 25%, 35% cash, 25%, 30% would be fine in short-term character, okay, because rates are going higher then we'll deal wit. to pat in colorado, please, pat. >> caller: hi, jim this is pat from beautiful, beautiful colorado my question is this, i owe $189,000 on my mortgage. i'm concerned about a severe market correction. sometime back you said that usually happens about once every ten years. i have enough money in my mutual

funds and accounts to pay it off now. but should i face the tax ramifications of adding $189,000 to my income next january? thanks >> tax things i usually say you got to speak to your tax accountant to be sure. i do think -- look, let's put it this way, i think that each -- to each his own on that particular kind of thing but i will say we've had corrections more frequently thanh than ten years and that's the issue die expect them a lot more frequently these days because they've got a much more volatile market up a lot over multiple years' time. let's be real. it pays to be real realistic, that s "mad money" is back after the break this is not a bed.

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you don't need me to tell you the internet has been kind of a double edged sword. that's true in every area of life have you all sorts of information available at the push of a button something unimaginable when i got started. much harder to do the homework in the real days these days everything is searchable but for all the ways in which the internet makes it easier it creates new problems and when we have new problems we need new rules to help contain them for example, you absolutely have to be able to explain your stock picks to another human being if you can't do that, you have no business buying the stock in question in the old days this rarely came up one of the most important warnings systems which is talking to another person about what you want to buy it used to be you had to talk to

a broker now you can buy, let's say, a stock of workday or a square without having to tell another person why you're doing so why is that an issue why do you need to explain this stuff to someone else? it could be anybody. preferably an adult but can you fall back on explaining to your kids if you have to. buying stocks is the solitary event. too solitary but we're all prone to making mistakes, sometimes big one. to err is human. if you want to cut down you should force yourself to articulate to someone else, not just yourself. why you like a stock do you know how they make their moin do you know how their earnings are supposed to look if you don't you're setting yourself up for trouble. i always see this in biotech including questions in "the lightning round. so many people own biotech stocks without having the vaguest understanding of what the company does or how they could turn a profit. i urge you to be able to

articulate a thesis for owning any stock in your portfolio. that the knock gets slammed you'll know whether to cut and run or buy more. if you don't know what you own, believe me, you're going to get slaughtered on the next decline. and there's always a next decline. when i was at my hedge fund i always made my employees sell me the stock before i would buy it. get someone to listen to you and let you articulate your reasoning. that's what's so important i also like to ask people, what's going to make this dog go up what is the catalyst or have we missed the move in this overvalued stock up 100% already this year? i get a lot of those questions and, of course, what's your edge these are all important questions. if you can't answer them you shouldn't be buying. the ability to make hasty decisions isn't the only thing to be wary of. the internet has vastly increased the power of the wall

street promotion machine now i've longed believe home gamers and professionals alike don't have enough respect for this machine i recognize when wall street falls in love with a stock it will go much further than anyone expected to hype it to high heaven consider the case of valiant which is changing its name the big pharmaceutical rollup that was one of the most heavily promoted stocks of the last decade its shares soared to the $200 -- actually and then some on acquisition after acquisition as analysts routinely raised numbers because managers would slash costs and raise prices the numbers fell apart to make matters worse they embraced a bunch of shady practices to bolster results the darn thing plunged from the m mid-200s to the mid-20s and took them almost two years to bottom and before then, it fell all the

way to the single digit it s and on the way back in became bausch health. they should never have been trading above $200 in the first place. the only reason they reached those levels considering the pyramiding of new companies on old is because the analysts' promotion machine was so darned powerful and the web amplifies the reach. every time you see that on potentially dubious merchandise you ought to be aware and beware in the words of public enemy, please don't believe the hype. whether you're watching tv or a wab cast web cast, it pays to be a critic you can't believe everything you heard on television. lots of times executives say whatever they want on air knowing they can get away wit. many tap their holdings to

ensure to disclose something when they own it boy, does that make a difference my gentle approach is when you hear on tv is probably right but no more than that. same goes for the web. except you have to be a lot more careful because there is a lot of junk information. repeat after me, just because someone says it on tv doesn't mean it's true i hate to say it but you're being naive if you simply believe everything you hear. that's one reason why we only bring high level executives on to "mad money. they can still mislead you but if the ceo of a public company outright lies their legal bills will add up but a lot of money managers come on for a variety of reasons they aren't always well vetted if a money manager is on tv and

is moving his lips he probably talking about book wonder, he must be stuck bottom line, always be able to explain your stock picks to another human being and never take anything on faith in this business not from the analyst community and not well from the money managers who love to come on tv and talk their book. jimmy in delaware, jimmy >> caller: hey, jim, how you are doing? >> i'm doing well. how about you? >> caller: doing great my name is also jimmy. well, so i had a question regarding whether it's better for somebody who is getting into stocks to -- whether they should go in with general knowledge or take the time and learn more because i'm currently 19 and i have a lot of money in my cryptocurrency and been making money there and i want to diversify my investment but i don't know much about stocks and so would you suggest that me buying a general company i know about is a good thing or a bad

thing? >> okay, i think it's a great question it depends on whether -- i like to have the first investments be index funds. and particularly if you don't have time to do the homework which i've described a lot in the conference call reading through the documents seeing some analyst documents i think you should be in an index fund if you're still interesting in buying stocks and do homework then i thinkette okay but to not have a lot of knowledge and buying stock is a recipe for defeat can i go to denise in minnesota, denise >> caller: hey, jim, boo-yah and thanks for all of your hard work for us. >> oh, thank you. >> caller: say, jim, can you explain dutch awks and wuctions company has them and what a shareholder should do about hem? it's trying to show you they think the stock is worth more than it is and buying it up high and typically what you want to do tender to it.

you won't get all of your stock. you'll get the rest of the stock back but a nice way to make a little money and companies that do it are showing they have tremendous belief in themselves. the last one i loved was the au old jarden always be able to explain your stock picks to another human being and never take anything on faith in this business more of my rules of engagement and tweets after the break so stick with cramer ♪ (butcher) we both know you're not just looking for pork chops. you're searching for something more... ...red-blooded. right this way. you thirst for adrenaline, you hunger for raw power. well, you've come to the right place.

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over the last ten years. your satisfaction is guaranteed! visit vectorvest.com/ retire! no matter how smart you are, no matter how well informed, no matter how lucky, sooner or later you will make some suboptimal stock picks it happens to the best of us, every portfolio has a few duds in it but the true difference between a good and bad investor is how you handle your losers. people seem to have a natural aversion to selling their loser. professionals an amateurs alike hate doing it and keep hoping a sinking stock is wrong in its direction. they rashalize the weakness or lack of interest they see will be fleeting and that people soon will recognize the value of

their stock, the one that's in question that's all well and good until you need money maybe you want to raise some cash because your portfolio has gotten too stock heavy maybe you have some real-life expenditures that require you to put together money in a hurry. you ever read "confessions of a street addict. well then how do you decide what to sell? this is where the tendency to hold on to losers shows its sinter sid sinister side. yep, they will sell their winners to subsidize the losers. you then get a self-fulfilling spiral as the bad stocks stay bad and usually keep going down and with fewer winners your performance will get worse this is particularly dangerous for a hedge fund manager because bad performance trig earls more redemptions from your client if you keep selling win attorneys give the money back it

creates a vicious cycle down individuals do the same thing. you only have a finite amount of capital to invest. rather than take your medicine, nerd, take a loss, far too many prefer to hang on to their worst performers, thus my rule never subsidize losers with winners. my advice to anyone who is stuck in the position, quite simple. sell the losers and wait a day if you want them back go buy them back the next day once they're added to your portfolio, i got to tell you i doubt i'll even be tempted to buy back that stock. by the same token you can't keep hanging on to a low quality stock because you're hope fog are a takeover that's a real good idea. look, i get it nothing is more exciting than a takeover nothing is as lucrative. you can put on a lifetime's worth of days from a takeover. that includes buying a lot of bad companies and hoping they catch a bid. bad companies they really do get bids typically what gets acquired are great companies with cheap

stocks not crummy companies with stocks that seam cheap so many buy this junk merchandise because they think a takeover will save them. which brings me to my next rule. never speculate on takeovers of companies with bad fundamentals. the odds are you'll end up opening something you can go down much more than you ever thought. limited upside even if a bad company gets a takeover it might end up coming at a much lower price than what you initially paid for in the stock. that's the thing about bad companies. te stocks tend to go lower. you can buy a much better company in good shape and can still get a takeover bid than one doing poorly and unlikely to get a bid. not many get acquired because not many can turn bad companies into good ones don't wait around. you could be waiting a long time if you just moved on you could have bought the stock of a high

quality company likely give you much better performance. in a well run company you can get away with speculating on a takeover you have other ways to win when the stock of a good company goes down you can buy more into the weakness not something you can do with one that's gone from bad to worse while you were waiting irrationally for lightning to strike the bottom line, never sell your winners to subsidize your losers if you need to raise money, for whatever reason, just take the darn loss and sell something that's underperforming and absolutely do not speculate on takeovers in companies that have deteriorating fundamentals. if a possible takeover is the only reason you have for liking a stock that's not something you should own stick with cramer.

hey, how ya doing? uh, phil. are you guys good with brakes? we're ok. just ok? we got a saying here. if the brakes don't stop it, something will. that's not a real saying. it is around here. i wrote it. just ok is not ok. especially when it comes to your network. at&t is america's best wireless network, according to america's biggest test. now with 5g evolution. the first step to 5g. more for your thing. that's our thing.

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show on television i don't like to brag about having the smartest audience there is that's you, cramerica. let's get to some of your tweets a tweet from @bullflags watching iron man with son. forget jim cramer lives in the #marvel universe i broke the cup. it was one take. it was kind of crazy and forever indebted to the fabulous including including jon favreau that do those movies from big dude making big mo says, i'm a new investor less than three months in. i've always been a great saver but how do i develop discipline as an investor all right, here's what you want to do. as an investor, why don't you just buy small, okay this is what we do for action alerts plus.com and if it comes in you've got more room, i want to you do it so you don't -- the discipline is going to make it

so you're not going to be able to necessarily make as much as you'd like but we're trying to cut off our losses okay, now a tweet from @dari 77426739 what is like that p.i.n. your? jim cramer, do you ever sleep xi see you on tv early and late i rarely do sleep and i have pulled a huge number of a all-nighters within the last three years. i wish that weren't the case but it is true now a tweet from @infiniteunilt. y. is this like steering the titanic? with the amount of money moving in the market. it's really just a test to the group there's this core group of people not leaving and being

like warren buffett and putting a huge amount in index funds and that's okay. that's believing in america and believing in progress. i have no problem with it. now a tweet from @mikemonroe nw at jim cramer. thanks for being the voice of reason and keeping our insanity. don't know what we'd do without, #madtweets, well, thank you. my goal is to make it so people don't freak out. there were types when i would tell you, listen, you do have to go and those have happened when there's systemic risk where you can't assess whether the system will hole. most of the risks we see are really just market risks they are not in sync with how the strength of the country and companies -- so i will warn you if i think that things are coming unglued but otherwise, my job is to try to put it in perspective. they're all nice next a tweet from @commonstock

omg. jim cramer is part of a "jeopardy" question. my youngest daughter just loved that too she was like, ah, dad. dad's made it. and now she knows i have a show. thanks, cramerica. we really do have fun. stick with cramer. yes. when we do we launch? unfortunately, in 2 or 3, hours. why the delay? cognizant is helping banks use digital technologies at scale to advance speed to market.

i always say that's a bull market somewhere i promise to find it right here for you on "mad money. i'm jim cramer i will see you next time hey, i'm cramer. other people want to make friends. i'm just trying to save you money. from the u.s. military academy at west point. >> "mad money" is not a show about picking stocks for you it's a show about empowering you to think for yourself. you are the reason why we do this we want to level the playing

field for you. >> 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." ♪ and buy the latest styles. hi, sharks. my name is amy roiland, and i live in los angeles, california. i'm the c.e.o. and founder of fashiontap. i'm currently seeking $100,000 for 10% of my company. fashiontap is a fashion, social-networking app