130, it is support -- >> is it concerning to tim >> by the way, i want to give tim -- >> time. final trade. final trade. >> the power pitch -- >> gw, look at that quarter. >> that does it for us "mad money my mission is sime to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere. i promise to help you find it. "mad money" starts now [ applause ] hey, i'm cramer. welcome to a summer on the street edition of "mad money." welcome to cramerica coming at you from the new york

stock exchange to help make sense of this week's wild moves. other people want to make friends, i just want to try to make you some money. well i do have a few friends here today [ cheering and applause my job not just to entertain but to teach and educate so call or tweet me we know this market is turning into a roller coaster. dow down 312 points and s&p climbing 3% and nasdaq after yesterday's terrible session the reason because we don't know if we're in a trade war or a cold war does the trump administration want to strang arm china into buying more american-made products or destabilizing the ruling communist party we don't know. are we neglige-- are we negotia with prc or is this when james bond said do you expect me to

talk and he said no, mr. bond, i expect to you die. the free traders in the white house expect them to talk. larry kudlow came on this morning, "squawk on the street" and predicted productive talks in the september after the 10% tariffs go into effect but the hardliners on the other hand, they want to fundamentally restructure the whole economy so they stop stealing american intellectual property and open their markets to the foreign competition. the free traders act like it is all about commerce and the hardliners make you feel like we're in a new cold war and in reality, you know what, one reason i don't want to say i'm sanguine but okay because there is a middle ground but to get there the chinese government needs to make major concessions they've been unwilling to do. at moment china doesn't want to go there but eventually they might have to that is why i'm more sanguine about the trade war than most talking heads you hear from

every day. why? because commune -- communist china has embraced capitalism in their own day. now half of the industry is in private hands and the companies are hurting. there is a major slowdown in capital equipment spending and they feel the pain of jobs migrating to other countries to avoid the tariffs. make no mistake, these tariffs are, indeed, a nightmare for the people's republic, the working any u.s. companies that can relocate are relocating to a., b., c., anywhere but china in a way, the communist party is a victim of its own success. it created export-driven economy they are now hostage to their trading partners think about that the prc exported $539 billion worth of goods to the u.s. last year that is a giant chunk of business you know what? china has a lot to lose. america though, haw, we've been

hemorrhaging manufacturing jobs for decades and there is not much china can do to us that they haven't done already. china is not an expert economy which is why we only sell $120 billion to them and that is not even 1% of the our gdp we have a strong job market and inflation and plenty of natural resources. china faces a mass exodus and tariffs and they are resource deprived then we don't make to deal but i think that is a bad and unnecessary outcome. it would be destructive for industrials and technology companies that we like that do business in china. but when all is said and done, still not going to wreck our whole economy. we're not going into recession, people, because the tariffs will not do that. we have too much steam to fold so if that is the case, where did yesterday's decline come from then? three major causes first the obvious, china let the currency fall versus the dollar and they were labelled a

manipulator. they would boost experts but for the past decade they've been doing the opposite in response to the latest tariffs they showed us they're still perfectly capable of devaluing money when they need to it was a real shot experts are up huge and they saw this craziness and rang the register who can blame them second treasury yields have plummeted. a week ago the ten year was at 2% and now it is 1.71% and that is what you see when we're headed into a recession, as i told you we won't have one but they don't consider the context and the rest of the world has much lower rates than we do. they just assure we have a crumbling economy. they just assume it. it is like, hey, it has got to be we wouldn't have rates that low but the german ten year is a negative this is what happens when lots of money flows to the u.s. from overseas rich foreigns and governments, companies and trusts they buy treasures which sends prices up and pushes yields down do not get me wrong, it is good. it creates a strong dollar,

hurts american exports but it is not a sign we're headed for a recession and it does make mortgage money less. and there is a big earnings hit and that is why people feel that way and selling apple and nike, the victims of the trade war somebody needs to eat the coast of the tariffs that means many companies could be looking at slower earnings growth and that is a huge fear but also true that, watch, walmart, amazon, target and costco and home depot haven't had to raise prices much to deal with the tariffs they have, but not a lot the next round may hurt them a little bit but they are generating some of the best sales they've ever had and that is emphasis on ever. overall it is a mixed picture. which is why the federal reserve can't be more aggressive about cutting interest rates to bolster the parts of the economy that are weak even as the feds should because there is no inflation and we're disadvantaged versus almost every country in the world i'm sure they're still worried there is too much momentum to cut it yet i think they should rethink. if we had a better sense of how

the trade war would read out and for now we come back to the commerce versus containment dilemma. if the white house is willing to settle for commercial deal, the chinese and more american crops and airplanes without restructuring the economy, then our stock market will soar but if we don't get a deal, we get more of the same more of the same like yesterday. and until the past week the same is pretty darn good. lower interest rates make dividends more attractive. and that is one reason why emerson with major china exposure could not have a not so hot quarter but the stock did well although the main reason is that it was already down going into the print and it was better than feared btf. that was also why apple rebounded today and don't get me started on fang. neither amazon or alphabet have many exposure and microsoft is not impacted and azure which is their amazing cloud platform now put it together. i think we're in much better shape than the trade war than conventional wisdom would have you believe and the talking heads. and if it drags on, there are

plenty of companies that will do just fine. so why don't i tell you to buy aggressively we just had a brutal rough patch that knocked off 5% of the 500 from the peak for the s&p 500. but we're still a big -- dow, 11% gain for the year. s&p, up 15 nasdaq up 18 these are huge gains while today's bounce was a good one and companies actually managed to rally when they are good numbers and take two, shake shack and the market looked like it would roll over until 1:00 or 2:00 and this wouldn't and that is bullish the bottom line, those three prongs of panic that crushed us yesterday, currency and earnings have not been resolved despite the nice bounce today. i think we have more wood to chop for a rally but if you start buying stocks of high quality companies where they are already down 10 to 20% from the highs, i think you'll be rewarded it is simply not as bad out there as many people would have you believe. yes, sir >> hey, jim. so i've been seeing the market

and the general public just get really bullish on snapchat she see it as one of the big tech companies, growing in the future and i personally don't buy. it what do you see as the long-term growth and potential for nap chat in the near and far and long-term future. >> great question. because snap turned out to be better than we thought there was an exodus of people at the top and people worried it was falling apart and they have big costs but i would tell you that it is a stock that has run big from the bottom. i share your trepidation i like facebook and twitter much more i think you're going to be right. thank you. yes. >> hi, i'm ya from mendocino, california and with the uncertainty in the cannabis industry, do you think a company like scotts miracle grow is the way to go in. >> i do believe that the -- look, i -- aphria did a great job this week and i like cronos and did they pay too much for

acquisitions, maybe but we need to see a better quarter from canopy other than aphria, that is the one i like because they reported really good ebidta. yes. >> jim, booyah i have a baby on the way so i'm looking for a play with the long-term. tell me who would you prefer -- >> lisa sue has done a remarkable job, she is incredible she turned around amd and has intel on the run she's maybe the most -- the most remarkable ceo of our era. i say go with lisa sue go with amd. thank you and best of luck to you. the three prongs of panic. currency, yields and earnings, they have not yet been resolved but i still hope things aren't as bad as many are making them out to be. stocks are down from the highs i think you'll be rewarded on mad today, what could can he learn from yesterday's selloff i'm going through the most egregious errors i saw sellers make to make sure you don't fall

prey to the same pitfalls and -- lost this week but could it be a buy opportunity. i'll go to the ceo and the manage myth and legend arod joins me on the street with the ceo of bar stool sports to talk the future of media. stay with cramer >> announcer: don't miss a second of shou"mad money." send jim an email to madmoney@cnbc.com or give us a call a80743-bct 0-cn miss something head to "mad money" cnbc.com

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simple. easy. awesome. never underestimate the ability of traders to do the dumbest possible thing last night during after hours trading a bunch of money

managers bolted from stocks when the u.s. declared china to be a currency manipulator but before china backed off some genius told apple down 180 bucks and if they waited they could have gotten it at $197 where apple closed today, not even 24 hours later. and facebook in the mid-70s and now 184 and then microsoft at 126 it rebounded at the worst possible moment, they violated every rule in the book i don't want you to repeat their mistakes so let's go everything these dopes did wrong. one of the rules, one, panic is not a strategy there was nothing much to the currency manipulator designation but they blew it out of proportion acting like it is 2009 style financial crisis and it is pure panic and it made no sense whatsoever two, there is always a better moment to -- into the maelstrom and i know because i've done it

about. you could read about any own idiocy in "confessions of a street addict" and if they waited until the morning they could have had high he prices and all they had to do was nothing. it is like the wild west except no sheriff and those from last night were a work of a sophisticated sale program links to futures to individual stocks like if it the market looks like it will be down 3% and sell apple down 2% and we'll make out like bandits it could produce idiotic moves like last night. four, please check your emotions at the door if you are going to trade. so many despise president trump and letting the sieging recentment get the best of them. to be a good investor, leave your political opinions at the door just because you hate the guy doesn't mean he will wreck the stock market there is another cohort that believes they are taking a knife to a gun fight and to them it is

crazy and no rhyme or reason there is way too much doom and gloom. that is why i went on tv last night to say dial it back, people because the negativity had gotten out of control. we have the upper hand in the negotiations because our economy is stronger than theirs. we should stop being so defeatist. rule number five, never sell all at once. this is a view that you should never buy all at once. sellers kept whacking stocks for more than an hour and do the traders have any situational awareness and occur to them maybe the market knew this was coming how is it a surprise when the treasure department tells us something we've known for ages news at 11:00. it is hard to remember the rules when it is b literated and everybody is terrified but these wouldn't happen if investors would stick to disciplines that is the whole point of having rules so you could fall back on them when you're too welcomed with

emotion to rationally. that is how you win and not lose at professional trading and investing. stick with cramer.

these folks, they don't have time to go to the post office they have businesses to grow customers to care for lives to get home to they use stamps.com print discounted postage for any letter any package any time right from your computer all the amazing services of the post office only cheaper

get our special tv offer a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again! it is only tuesday but we have already a wild week even though stocks rebounded nicely from yesterday's brutal beatdown, there is still uncertainty out there as you know and since this is the most interactive show on all of television, i'll open the mc -- the mics here on wall street and you see where we are to clear up confusion and give you a playbook for this market uncertainty. so let's start right here. >> booyah, jim john from jersey city. earlier this year when we were dealing with volatility due to the trump tariffs, you

recommended trillio for the home gamers due to the lack of visibility in the china markets. do you feel that you reiterate that buy rating now or another text stock. >> no. it is fantastic and that is what we were watching all day and it did have the fastest growing major company that is clearly involved with say e-commerce they're the kings of e-commerce. doing a great job. buy more yes. >> hi, jim, my name is lilly, i'm from north carolina. i was just wondering because take two interactive was up today, do you think the gaming cohort is a winner and if so, which company has the most promise. >> take two, grand theft auto spiking again which is incredible 1 10e million sold, the greatest hit in history and red def and the nba 2 k and a couple of new games coming up within the next three months that are just going

to be unbelievable i would even buy it up here. thank you for coming from north carolina. >> booyah, jim. >> booyah. >> i'm abby and i live in botswana, africa. >> there is a commute. >> yeah. a long plane flight. so my question is with the market down so unfairly yesterday, is now the time to get into western digital >> abby, i have to tell you, abby is a long time friend of the show and worked the show for a long time, if going that way, i would go micron because western digital hard drive was not doing well and flash is good micron has flash and d-ram and much more accessible and i like the balance sheet and by buyback and welcome back from botswana. >> thank you. jim, my name is grayson from knoxville, tennessee, begin the market losses yesterday and boeing was a key stock driving the market down, what do you think the future holds for boeing >> boeing is one of the things that i regard as being unquantifiable i can't get my hands around it

because say i buy it if you notice the process tomorrow in the paper there is something negative and i can't control the narrative but more importantly they can't control the narrative and that is too early to buy boeing which is a great american manufacturer and i do have faith. tennessee, well done. >> jim, kirsten from new york. how are you doing. >> automatic good. how are you? >> great booyah >> booyah. >> i recently attended a cybersecurity conference in new york and one of the quotes of the presenters was breaches will happen it is not a matter of if, but when and how often what are you thoughts on the stock sim antic. >> since rick hill took over three months ago, i think everything is going right. you know that hawk tain tried to buy the company. it looks like rick wanted 28 and they were willing to pay 26 but they should pay 27 but rick hill is the smartest ceo in america buy semantic buy buy buy. >> am i clear.

>> do it. >> thank you >> hi jim, my name is josie berman from minneapolis, minnesota and my question is after what happened yesterday with the stock market being at a low for the year, is now a good time for new investors such as myself to invest in the stock market >> yeah, i think it is i've been waiting -- people wait for a break and then when we get the break people run from it it is a big sale at a mall and not one of the malls that is broken down. it is not a c-class or a-class there are many stocks down between 10% and 20% from the highs. i like that. we're only down 6% from the high altogether which is a big problem. that is why i want you to do it in stages. do not be aggressive but start here don't feel bad if you want to put a quarter of the money to work 10,000 or $2,500 thank you. >> i'm tori from new jersey and given the volatility of the current market why is it advantageous to invest in house hold name stocks. >> they tend to throw off cash and have good dividends and

yield -- [ technical difficulties ] i would rather have coca-cola. that is a good one thank you all. to all of our guests and in any market i'll have your back we'll get through the ups and downs. today it made it all worthwhile except for the clowns who sold in the after market last night

[ applause ] last thursday night just after president trump announced new tariffs on china, by tweet, something happened you may have missed one of my favorite company, etsy

had a full beat and management raised full year guidance for merchandise and key metric of everything sold in the platform and it was perfect and the sales came in slightly weaker and they slightly lowered the forecast but if they report any other time, i think the stock could have been dinged for a couple of points but which is why is dropped well they bounced around $58 and bouncing around so could this be the buying opportunity that so many have been waiting for or do we need to be more cautious. let's take a loser look with etsy, steve mcdougal and the co-founder of three degrees which is the consulting firm that etsy is using for shipping. mr. silverman, welcome back to "mad money." >> good to see you. >> i want to clear one thing

up -- initially when the analysts say it wasn't a good quarter and when i look at the merchandise value and i see a consistent theme of growth which is what i care about. >> i think it is a great quarter and when people look back a few years from now they'll describe this as a break through quarter. the fundaments were strong and the growth merchandise sales grew 21% revenue grew 37% and that is because products were delivering really well and our marketing industry were working. in addition we announced three bold new initiatives this quarter each of which set us up for great growth for for the future so we feel great about the second quarter. >> let's talk about shipping and what you've done we'll talk about shipping and sustainability but talk about how shipping is a major -- to people liking what you are doing. >> free shipping is now an expectation in the market. and too often buyers on etsy think shipping prices are too high so we announced in the second quarter is that we're

going to make free shipping the standard that people expect when they come to etsy and so we announced a an of initiatives to make that easy for our severals to adopt. >> now you have 2.3 million sellers and 43 million active buyers so the sellers are doing well how are you helping the sellers to do even better than they are. >> well, obviously the most important thing is that we drive traffic to etsy. but our severals a-- our sellers are hungry to invest in their own success so we announced the launch of etsy ads to allow sellers to invest to grow and buy traffic off of etsy and bring it on to their etsy shop. >> one of the things that i thought was interesting is you guys are i would say making it so that the average person looks a lot like -- i don't know, let's call it macy's or bloomingdales or walmart the average person -- you can't tell that the average person is a mom or pop shop. >> we allow small sellers to be able to compete head for head with the big guys. and we do that by giving them a

super simple and easy way to build a business online and market themselves without -- while we do the business work for them and they could just focus on making great products and serving their customers. >> i like how you educate people to get a better job. the big guys have all of the resources and data and it is almost unfair. you are trying to equalize and level the playing field? >> we really are and we give that kind of data but make it easy for them to understand and then give them tools to make it super easy for them to understand most importantly bring them customers. we bring them buyers we're not just a way to put a shop on the web, we're a way to have people come and buy and that is powerful. >> i've always tried to value your company, i'll give you away and you tell me if i'm off base. we have companies like shopify and they are not a market place but $36 billion and we have amazon valued in the multiples, but $6.6 billion it seems like too small a market cap for etsy's opportunity. >> well i'm not in the business of prognosticating what our

market cap should be but to get a two-sided market place where you have 43 million buyers and 2.3 million sellers at scale, that is incredibly hard to do and incredibly hard to replicate and once you got it, it is durable. and look at our growth rate. we are excited about our opportunities. >> and it is hard to destroy for people who think big has to win. now it is sustainability summer. that is what we're thinking about. we want to turn now to an aspect of your business that is important but overlooked way too much and that is we want to familiarize viewers with a focus that we're calling impact per share. it is ips. it is what people are doing and what companies are doing to make it so they are preserving our planet i will let you introduce steve and then tell us what you guys are doing together. >> fantastic so etsy made a commitment recently that we want to be 100% carbon neutral and we partnered with three degrees led by steve to help us offset the carbon emissions from shipping. so what we've been already doing

was powering our offices and our servers using renewable energy and when a seller ships a package from her house to the buyer, that is outside of our supply chain so we said how can we make sure that that doesn't have a negative environmental impact and three degrees has been an amazing partner to help us to offset all of the carbon that comes from shipping. >> steve mcdougal, i want to know what is the competitive advantage of hiring you. in other words, i see young people and young people want to know what a company is doing to preserve the environment they bring you in. do you see some step up roi because i think people feel it is good deed doing but it is good business. >> first of all, it starts with leadership of the companies that we work with that truly believe that climate change is something they have to take urgent action on it starts there. but they also recognize that within their stakeholder set that they want to create a connection and -- with values and that just makes good business sense >> and can i build on that for a second

it turns out it cost less than a pen a -- a penny a package to offset shipping and we said we'll pay for it at etsy and in checkout we market that you are not impacting the environment, the increase in conversion rate made this pay for itself it literally pays for itself because customers buy more from etsy because we could work with three degrees and offset -- >> you have more habitual buyers which is term i love that you use because of it. >> yes it is good for business and the environment. it doesn't have to be a tradeoff. >> see, i think that penny per package is something -- i think people have no education in this i think people feel well suddenly etsy will start losing money because they are doing this you do not necessarily impact a bottom line negatively when you come in. >> no. at the end of the day the leadership of our partners recognize there is value with their company to take these kinds of steps and if i could, i could defistfy the notion of the carbon offsets

because they are a mechanism to channel more money to projects that reduce greenhouse gases and there is an extensive process behind the scenes that projects have to go through to get verified and ensure environmental integrity so our partners like etsy and the people out there that see what etsy is doing could be assured that those emissions are happening. >> i want to stay on the first day you picked up the tab for everybody in e commerce and so they come and help preserve our environment which we need more than ever. steve mcdougal from three degrees and josh great to see you. josh silverman, brooklyns own etsy thank you so much, guys. >> thank you [ applause ]

these folks, they don't have time to go to the post office

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it is time for summer on the street in the lightning round. [ inaudible ]. and then the lightning round is over are you ready? the lightning round. hit me. >> hi, jim, i'm from new york and my question is what do you think of e-bay after the expected earnings. >> which one in. >> e-bay. >> they will have a good quarter. think think what will happen is is they'll sell stub hub and get a much bigger price than anybody thinks stay on it yes. >> great to be here. >> thank you, your thoughts on funco. >> unbelievable quarter and the stock didn't go up a couple of more unbelievable quarters cut and run

>> booyah. hey jim. dan from new jersey, your thoughts on going long paypal. >> i think paypal has come down from the top but the truth i like mastercard more after the acquisition. you won't go wrong with paypal if you get it in the 90s that is a home run. >> what are your thoughts on ccl. >> ccl, i don't know why it is continuing to go down but i like royal caribbean and they are doing better >> jim, thanks for having us, i'm dave from hoboken. the celestial hane -- >> i have no catalyst whatsoever you just don't i would rather tell you that food group is very tough kellogg is better. yes. >> i'm from knoxville tennessee and wondering your thoughts on the software and data of fact set. >> good. really good. very smart. >> sell, buy. >> oh, no, buy and talk about it and it is like

i'll give you that one and very good these are great big tech companies that we like. >> jim, big booyah, dan from westchester in new york and hearing about the online book company cheg. >> they were at three and the ceo came on our show and told a positive story and we told people to buy the stock and we're sticking by for the whole way. friend of zach ertz from the eels. >> i have a small position in zynga. >> i say -- there we are at buy and change but i tell you the truth, i don't know -- i don't see any earnings momentum. i'm not getting it take two has a road map. that is the one i want yes. >> hi, jim i'm ben from new york and this is my mom. what are your thoughts on electronical. >> thank you and look at this young kids watching which is what we want electronic arts is good and take two is great and i didn't mean

to steal your thunder but it is earnings momentum and they just had an okay quarter. thank you so much. >> booyah, jim, your thoughts on citigroup. >> they are still below book value and about a dollar below so [ inaudible ] i think you have to buy the stock. i just think you have to put it away. 3% yield you're in good shape. >> jennifer from new jersey. what do you think about the future of ge. >> i think larry culp is a good man and center himself that 2019 is a re-set year and i believe that 2020 would show some progress but that is a paint dry stock. i would rather own sherwin williams and larry is doing good but he was dealt a bad hand. >> booyah. a fan of your show what do you think of eog. >> i i have to tell this is another pioneer and apache it doesn't matter how good they are, people don't want to own

those stocks how the way oxidental over pay. >> and your thoughts on novicure. >> and they have the greatest momentum and doing more than just brain cancer. that machine works i know from a late friend of mine. an amazing company and the ceo been on the show many times. he's fabulous. thank you so much. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: lightning round is sponsoring by td ameritrade.

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[ applause ] podcasts are taking over the worl world. right now one of the up and coming is barstool sports that has grown from a boston newspaper to a sports oriented multi-media empire and how do they do it they have terrific partnerships like a podcast with a-rod. that is exciting we're talking to erika nardini and alex rodriguez and a-rod for short, retired baseball player and welcome to "mad money." >> good to see you again, jim. >> you are part of an unbelievable organization. and i'm going to let erika tell it because i think you have the pulse and maybe the only organization of the pulse of the audience everybody wants. >> i think that is right we do. we care about what people want we serve it up to them, we're funny and have great partners like alex and continuing to push the boundaries. >> alex, the numbers are staggering i have the privilege to be interviewed and listen to others

before the interview and half a million people in season one >> i don't know the exact numbers. >> it is true. the number one podcast on itunes. >> think about that. the number one podcast your successful at everything you touch. what is the secret to have that many listeners. >> i think barstool has built an incredible brand that is very sticky when you think about the masters this year and the wimbledon and world series you think they would say something about the yankees but they're saying when is the season two coming, the corp when i go speak at universities like harvard or colombia or miami, the students are just obsessed with barstool and the corp because we've had incredible guests and what is fun about all of the legends, including yourself that have come on, it is really about the setbacks and the comeback and everybody falls at some point. it is -- they don't get defined by the mistakes and how they come back matters too. >> i love about your stuff.

>> you don't take yourself too seriously but still have a mission. i think the mission is empowerment. but the mission is also how to be -- how to lead a life that is good, that could also change things and i think a lot of it is what you bring. >> absolutely. we believe in honesty and authenticity we want to be on the pulse of what is happening right at that very moment. and we want to be around people who we think have something to say. >> how can you stay fresh? there are people who have the old view -- the old view and i think it is important, genius, but there is a sense that how can these people keep it fresh and also fresh without losing -- you've got a much bigger audience now it sounds like it has to be a little bit more broad and maybe not as funky, dirty. >> [ inaudible ] is a genius and surrounded himself with 60 other geniuses we're bigger than espn and turner and "new york times" an "the washington post," the

48th biggest publisher in the u.s. and that is fresh for a company that is one-one hundredth of the of the prize. >> this is such a hard audience to get to but people don't realize you are reaching people. if you were just -- you have a great in baseball and the fact is you are reaching people who don't watch tv. >> that is right and we're reaching the next generation you and i speak to a very kind of in many sense 1% audience in some sense and the other sense baseball is an older demographic. which it comes to the corp, for me it was an easy partnership because from the first five minutes i met erica i said we want to be partners and then we got a win-win deal and then i have dan cats as my partner. >> who is fabulous he is fabulous >> he is awesome >> he's the number two number two podcast. >> dan cats has the number one

podcast -- sports podcast in the world. >> incredible. all under one roof. >> and we make the perfect partnership because he's funny and i'm not. to your point about keeping it fresh, we have a wide breadth of people like yourself, martha stewart, barry and dylan lauren. >> kevin bacon, howard schultz. >> you never know. i love it because you never know it is like the old carson show when carson would have someone on, holy cow, i guess they like someone and when a-rod hears someone, you don't put on people that you don't think are scintillating and you like your audience to like it and i want to talk about the other things you're doing gold, one bite which is another -- and that is a super sophisticated yelp, how do you come up with this. >> our cast has a ton of ideas and we are just streamly

entrepreneurial. that is what i love about the corp, it is a story about being an entrepreneur and we do that every day. >> so the new season starting. now when you -- do you envision podcasts to be one day to be bigger i don't mean this but bigger than tv? >> i think it has -- i think tv is never going away. there is still -- when you talk about whether dallas or yankees or super bowl, there is always prime time television but podcast is a more intimate way of connecting with the next generation there is something about going for a jog and putting the headphones on and going in a car ride there is an intimacy about it and it is amazing the stickiness of barstool but the corp, it is connected me to a level almost like being a yankee and winning a championship people just believe in it and you're teaching them and inspiring them. >> great analysis because i know that the deals for podcast now are like tv deals. and it is real money now a lot of people feel you do skew male, 73%

but you have the number one female podcast. >> in the world. >> tell us about it. >> so caller daddy is a jugger fought we have a female podcast and two fantastic hosts. they talk about sex, they talk about relationships, they're raunchy and funny. and they're a phenomenon. >> well i got to tell you, i think that the misperceptions -- when you have 11.1 monthly views and 1.6 billion views and i watch david -- the day he started but the idea you are just this niche, younger guys thing is so wrong. the broadness of what you've got which is one of the reasons why i think there are a lot of people who are hoping one day to own a share of barstool, possible >> possible for sure first we'll start with the number one business cost and then maybe an ipo. >> and how is the baseball season going. >> it is going great we have an amazing season. any time the great titans of the game, the yankees, the red sox, the cubs, any time they're in the forefront is good for

business the yankees are a juggernaut the dodgers are unbelievable and houston became the favorite because they got more pitching than the '99 yankees so one more thing about barstool and where we're at right now, if you think about what bog iger is is trying to do at disney and espn just passed 2 million in subscribers and disney is coming after netflix but if you think about barstool and talk about a billion, because the head start, it is hard to catch up to the avalanche that you built >> also a new shough on cnbc back in the fall. >> [ inaudible ]. >> we just won a big race and ryan lochte is an amazing comeback story and when you think about the great evander holyfield, i spent the last six

months with him and he's on the way back and a fascinating guy a loveable -- >> i was on the apprentice with him. i want to thank both of you. that is a-rod and founder and ceo of a-rod corp. what a podcast and barstools ceo erika nardini who i hope will allow us to have a share one day in barstool sports in barstool sports "mad money" is back after this ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.trade.

just business after the bell disney not perfect travel trust owns it we did a selling earlier this week i do think it is fine. it is not going to take off. you all want it to but it did come up from $100 up to $145 after a day like today, you start seeing stocks that people haven't bought like the industrials and they are coming back to them and looking for

stocks down 10% to 20% from the highs and get semiconductor stocks that have been reluctant to rally because people are afraid of china. i am more frightened of the latter than the former i think the industrials are doing okay the ones that yield 3% but i can't jump up and down about this market. i just can't too much uncertainty i like to say there is always a bull market somewhere and i promise to find it just for you here on "mad money" and i'm jim cramer and i'll see you tomorrow >> jim cramer, you're one of my heroes. >> i look forward to the show every night. >> thank you for helping investors like me. >> when you talk about the market, i just believe you're spot on. >> i love it thank you so much. every night we watch you i have learned and earned.

>> 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." ♪ first into the shark tank is jonathan boos with an innovative product line for the well-dressed man. hi, everyone. my name is jonathan boos, and i'm the owner of the men's brand wurkin stiffs,