the best looking charts in the market at the moment here is the big kicker. >> okay. >> earnings weren't fantastic, just good enough and the stock gapped up. i think you use 120. >> that does it for us see you back tomorrow at 5:0 my mission is simple, to make you money i'm here to level the playing field for all invelstinvesters i always a bull market somewhere and i promise to help you mind -- find it now. hi, i'm cramer welcome to "mad money. welcome to cramerica my job is not just to entertain, but to educate, teach and put days like today into context call me or tweet me @jimcramer should it bother us, should it bother us that the president of

the united states makes major policy decisions based on the day to day action in the stock market is it wrong when he puts his thumb on the scales of favor of the bulls? when i say that trump is the most stock market sensitive president in modern history, i'm talking about days like today where the dow jumped 372 points, s&p surged 1.48% and the nasdaq went 1.95% all because the president delayed some key tariffs that were supposed to go into effect on september 1st instead, certain important items like laptops, like cell phones are now exempt until december 15th so at the very least, many companies have more time to adjust and maybe they never get hit at all if the chinese agree to make real concessions why did he do it i think president trump soaw the market melting down yesterday. right on the heels of a major

pull back on friday. and he took action to turn things around. after all, he does want to get reelected next year. it's easy to do when stocks are in great shape if you own stocks and you're a bull, this was terrific news you made a lot of money today. but if you were short in the market, if you're a bear, this kind of action is nothing short of infuriating trump is a short seller's worst nightmare because even though he's impulsive, can we agree he's willing to turn on a dime if he's hurting in the averages. when the trade war got too heated, he tempered policies and single handedly caused the market to bottom this is unique behavior for the president of the united states to say the least love him or hate him, trump is more sensitive to the stock market than any president i can recall i've had the privilege of meeting several presidents and advisors i'm always stunned how they are about the stock market

i got to give bill clinton credit for being interested in the market but i don't think it consistently guided decision making maybe then he would do something to stop the financial crisis for president obama, whom i never met, he was the polar opposite of trump. even though the stock market performed well under administration, he never gave you the sense the market was a priority i don't think obama believes the stocks were good because the strong market benefits the wealthy. president trump, well he watches cnbc among other networks. i know this because he tweeted my comments about the strength of the economy he doesn't want the stock market to get crushed because it's intergral to him on "the apprentice" where i served as a judge he cared about the nielsen ratings. i think the president was taken aback by the sell off yesterday.

like the sell off the previous monday enough is enough the press blamed the strength in the bomb market and the yield curve where long-term interest rates have gone below short-term rates, something that suggestions investors are worried about the future, meaning they think it's about to fall off a cliff there are reasons why the yield cliff might be averted but decline in world trade, i get that we've had trade wars before. some were effective. some were disastrous most economists will tell you tariffs are always bad even though history says frankly otherwise. that's why there is a relentless he beef our trade war is causing a year old more important than brexit and the collapsing of argentina. when the presidents gives us a stay on execution on most of the new tariffs, delaying them until december, this is a very big

deal for the stock market. correctly a big deal what was the white house trying to accomplish here with this news that came about right after my mad dash at 9:30? i think it was a genuine olive branch, something that allows the chinese government to save face and start buying american ag products and stuck it to them after this with of course, a tweet. what they need to buy pork they desperately need it because a particular swine flu that's difficult to eradicate they know all this seco second, it gives companies more time to move their manufacturing from china literally to anywhere else vietnam. india, it doesn't matter as long as it's not china, abc, anybody but china. third and perhaps most important, it gives president trump cover to strong arm jay powell into cutting interest rates more aggressively. tariffs are inflationary

we got a consumer price intext this morni -- index this morning as real averages earnings decreased by .1% over the month of july. nobody talked about that number. i thought it was staggering. the wages decreased. so much for wage inflation the 10% tariff of all goods would push prices up higher. trump can use this delay to show powell that there is no real inflation to give the fed more leeway and look for tweets saying that. probably tomorrow. put it all together and you know what you got a vicious short squeeze where everything hated is loved and everything that was loved is disliked and i didn't say hated there because the stocks that benefit from the stay of execution were big enough to help lift the whole s&p 500. now, i got to tell ya, i think you could get worse for the bears. before it gets better. china needs to content with the

slowing economy and protests in hong kong that shut down the airport for two days in a row. i have a hard time imagening this ends peacefully if that happens, they will be fighting a two-prong war trade war with us and real war in hong kong in that case, i bet the chinese will give in and do some bye, bye buy. there are a bunch of calls scheduled between both sides i'm always telling you the hard liners and trump administration have influence on trade policy these tariffs are only delayed until september, in the cancelled. as far as the hard liners are concerned, that's almost inevitable because they don't believe the chinese are willing to make any concessions at all i disagree but who am i? a tv guy coming into today's session, the bears expected the assault on the ten-year to continue with the yield 1.5%, ridiculous

number instead because of the stay of execution, the yield on the ten-year actually went up and all the traders are keying off the bond market and use this algorithm, they had no choice but to buy stocks or cover stocks if they were short the bottom line. the next time you're terrified everything is falling apart and the stock market is about to roll over, remember we have a prostock market president willing to take action to turn around the averages. maybe that's unfair to the bears, but it's fabulous for the bulls, which more than likely includes you a.j. in california, a.j. >> caller: boo-yah, jim. first time, long time. >> all right, a.j. i was going to draft you but i think you're hurting what's up? >> caller: my stock today is macy's, m. dividend is very appealing and seems to be consistent with macy's reporting tomorrow. is the magic still macy's? >> chief, listen to me and listen good. that's tomorrow's business they will report before the opening. i think courtney regan, i think

he's got a guy i like courtney and jeff the stock is singling with a 7.8% yield that something is very, very wrong we'll know in 12 hours or make that 19. let's go to juda in new york. >> caller: boo-yah mr. cramer. >> boo-yah. >> caller: i have a baby on the way looking to make a very long-term investment in the cloud king i want your thoughts on service now or alternative. >> boy, service now, i was talking about with a guest that's really good idea. first of all, congratulations. i'm putting the cart before the horse. service now is a terrific idea why? there will be ups and downs and ups and downs but your child is going to experience the vast up cycle that john put in because that is a software as a service giant. i like your choice let's go to joseph in new york

joseph >> caller: hey, jim, boo-yah, how are you doing pal? big giants fan i was a 37-year wall streeter. >> okay. >> caller: retired three years ago. about that time they were talking about a recession. stock market fell off about 4,000 points in december 2018, so i started thinking about a recession-proof stock. so i started accumulating shares of match, match.com mtch at around $14 in july of 2017 i want it up to $56 in april '19. >> right. >> caller: and it just had fantastic earnings come out. >> it did. >> caller: fueled by tinder and the ceo gets $2.5 million a year total comp. >> i'll see what i can do about that you know, i think that match is a great story. you know i'm a big interactive guy. i've been behind match, i mean,

before they had match i was behind match i think it's a terrific product, not that i would know myself people like this hinge a lot, too. i don't know eye meets dating or something. i don't know match is a good situation. hold on to some and take your profit, take your money off and play with the house's money. 14 comes out, $80. good thing hey, is that so bad? a sign of the bulls. just when you thought the stocks were about to roll over, trump delayed tariffs after i said he should delay tariffs on apple. yeah, mr. ego, huh anyway, while i think he made that call for a few reasons, i know that it doesn't bode well for the bears out there. even i still think he could rollback a little of this game on "mad money" tonight, it's the s&p's world and you and i are living in it i'll tell you what it means for money and major averages for the first time in three days is it finally time to sound the all clear or is the more instability ahead?

we got to check in to get that in tonight's off the charts and my exclusive with zebra technologies has the company changed the stripes? i'll sit down with the ceo i urge you to stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer #madtweets. send jim an email to madmoney.cnbc.com or give us a call at 1-800-743-cnbc adss something he to madmoney.cnbc.com.

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want to know the real problem with today's fantastic rally? it wasn't selective. the world dominated so when major players go higher, they pull the rest of the market up with them, think fang and some stocks that don't deserve to go high higher, that's why i want to get granular with you tonight and execution on tariffs instead of going into effect

september 1, it will be delayed until september 15th saves things for the holiday season and i think more important, what we're developing here is a list of stocks you can buy when they start coming back down because they are going to be exempt. biggest beneficiary, good example, this is apple one of the exceptions here is for cell phones including the iphone if trump is stuck with the original timeline, it would have cost apple maybe 50 to 55 cents a share cutting numbers apple according to a very thorough report this morning. apple makes laptops in china on the exception list this is a home run day for apple. huge wins. going into the holidays, the company has to eat the cost of tariffs themselves or raise prices and lose market share, both real bad. i can't over emphasize the importance of this call. apple has been a total flash point within the white house, within because they are caught between both countries they make tons of stuff in china, which is a huge market for them but also make tons of stuff here and built an

ecosystem of job creation in both countries while tim cook has done a great job pressing his case, it wasn't until this morning he got any break because he makes too much stuff in china according to some people in the white house this is great for many of apple suppliers. they reported a good quarter swks good company and been hurting and coming and going for the tariffs, micron benefits and starting to see a pickup in demand for flash memory chips and the other big business is struggling and some are taking off like texas instruments serious logic sound businesses and another potential winner even though the stock isn't beaten up. who else benefits? let's take a little tour of watch. that's high acuronym for walmar, amazon, target, home depot without the stay of execution, these companies might have had a tough holiday season

at the very least, margins would have been crimped by the tariffs. they can't take them up so they have to eat tariff i think by the way, it's obvious that best buy benefits, put that on your list if it comes down. tons of their hardware they sell is made in china although with the stock up more than 6% today, most of the win is baked in. i expect upgrades tomorrow we know certain toys will be exempted and that's obviously good news which is moving the manufacturing away from china as fast as possible still has a lot to do. tariff grinch will no longer steal the christmas. what if the chinese react positively to the gesture and extend olive branch of their own? they will make agricultural businesses boasts for deer that is slow again. a little against the grain, thanks they are some of the hardest hit stocks like there is some joy of the trade war but whatever there is a truce, they rebound nicely so which one do you do, best one

is citi. they discount to the book value and a gigantic amount of stock this year. more than any other bank percentage in the flow these stocks have been kept down by trump's tariff. the remainder of the september now that he's giving many products an a kpengextension, t can rally. this is merely a delay the doves say this is a genuine thaw me i think the truth is somewhere in between stay with cramer. for your heart...

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the president rolling out exceptions to the latest round of tariffs is a big deal but before you get too swept up, i want to sound a cautionary,

remember odds coming out here every day and telling you not to panic when the market was getting hammered i told you good things could happen including positive developments with china like we got today. when wall street is freaking out, it's my job to calm you down unless there is real systemic risk that dangers the economy, which i knew wasn't the case this time when stocks explode higher and everybody breathes relief, it's important not to be too excited. you never want to make emotional decisions in the game. it's better to racially take stock in the situation and that's why tonight we're going off the charts with the help of mark sebastian, the founder of option pit.com as well as being my colleague at real money.com, you get a sense what is going on underneath a recent expert on the index, vehicles for short that measures the volatility of the s&p 500. it's a great proxy for the level of panic in the stock market and remember, no one made it on

panicking so what does he say now? he thinks vehicles is worrisome. the volatility in the s&p 500 posted moves in the opposite direction. when the market is down it should be up and known as the fear gauge that relationship does break down if they travel in the same direction, well, that's the market trying to tell you somethi something. show the s&p 500 and the volatility index in 2019 if you remember back in november, sebastian pointed out the market was rallying and the vehic vix was creeping higher. when the fear gauge is rising with the market, it often means we're due for a sell off, sure enough, the vix once may roll around the s&p sold off hard and it was a brutal month as you remember there say flip side to this analys analysis when the market is falling and the vix stops rising, they are

approaching the bottom over the course of may the s&p kept making lower lows and s&p going down and the volatility index couldn't come near the highs. isn't that cool. i think it is. once again the methodology is right. it made you money again. the market quickly bottomed and roared higher in june. that's how important this is why bring it up now. okay, suddenly the averages are rocketing higher after getting absolutely clobbered for a couple days in late july as everyonepanicked about the tariffs and plummeting treasury yields significant until a recession, the s&p 500 caught fire and the averages started rolling over again on friday, something that continued yesterday. this morning president trump stepped in and snuck back. the s&p is moving on an average of 1.1% per day. that works out to be a 17.5% volatility on an annualized

basis which means you expect the vix to be around 17.5 because it's calculate on the s&p 500 options but check out the zoomed in pair of charts. now, this shows the s&p and the vix over the past six weeks as of last thursday's close, the volatility index was under 17. down from 24 when the market bottomed last monday nothing alarming here. remember when the vix, when the averages go up, the vix is supposed to go down. see, that makes a lot of sense that's common sense. sebastian would have liked to see the vix go down belee ow 16. keep that in mind. when the s&p got slammed on friday and monday, the volatility bounced back to 21, okay that's pretty normal the s&p makes a higher level the vix makes a lower high and that's what you expect we want to see this go back to there. today, though, the s&p snapped

back and the vix came down and inif nic finished around 18 sebastian is worried the indeblgindex is creeping up why does that matter as sebastian points out, over the last couple years, every time the s&p had a rapid rally that failed to bring down the vix, that's what we had today resulted in some sort of sell off when everyone was getting all excited, all bulled up the most notable being the big blowup in january of 2018 when people really went nuts. sebastian doesn't believe we're in for a big break down but when he sees the market snapping back and the volatility index kept pace, he worries that the upside might be more limited than a lot of people expected when they saw the news from the president this morning. and just look at today's trajectory, the s&p 500 pole vaulted above 2900 at the open and then pretty much flat lined for the rest of the session and sebastian thinks we may need a

few days to digest the dwayngai. if the vix is up, he says you shouldn't place too much trust in the valley. what does sebastian want to see he says the market needs to pull back for a bit for a couple days and hopefully we get a slower and not at all discriminating. it took up the winners from the tariff exception from the stocks that had nothing to do with the exception. more on that later until we digest it, he fears the gauge will stay above 16 and the market will go here is the bottom line, i know we had a fantastic run but the charts as interpreted by vix master mark sebastian suggestions you need to be wary that we may not need to be done selling off while not predicting a big decline, he thinks you should be prepared for choppy waters and perhaps modest pull back the averages haven't digested the latest gains and like we saw last week, big moves higher can

result in serious stock market reflux is why i keep this on hand for me, i like where we are right now but that's no excuse for throwing caution to the wind let's speak to jerome in washington. >> caller: jim, hello from the west coast couple bond questions. >> sure. >> caller: i'm 72 years old and followed your advice about one-third of my portfolio is in bonds. with the new lower yield should i stay in or switch to more stocks >> you're too young. you're too young i don't want you in the bonds. they won't help you. i'd rather see you in verizon. i'm not kidding. i think that you're making a mistake being in those low-yielding bonds with high quality stocks that give you a very good yield. think coca-cola. let's make the change. if you were 72, it would be a different story but you're 32, i don't want you in that let's go to sharon in new york, sharon >> caller: hi, jim, how are you? >> i'm pretty good, sharon, how about you?

>> caller: i'm great i'm great. i love your show. >> thank you. >> caller: you're always a fantastic help i want to ask you a question now that the market rebounded today do you prefer an index fund for somebody in their early 30s and if so which one and what percentage do they offer >> i'm happy i think you want the spx or a couple of funds that offer really, really low numbers i'm not going to name them you have to do some comparison but i will tell you this, i don't want you to do it all at once because we've done a lot of work on big spikes and it looks like that you could have a little bit, according to our vix expert, a little decline ahead so leg in, don't put it all in at once because you'll end up i think feeling badly about that can you trust this rally our chart says no, not yet i'm with him he's been so right the trusts are saying volatility and a modest pull back could be coming as averages digest. if you're like that caller, please, don't put it all in

tomorrow morning much more "mad money" including my exclusive to help businesses stay on top of things and football teams and a biotech company with a new way to treat cancer it's up 150% year to date. wait until you hear how it's attacking tumors i think there could be more. i'll talk to the ceo with the chairman of novacure and more in the lightning round so stick with cramer. we're pretty different. we're all unique in our own ways. somos muy diferentes. muy diferentes. (vo) verizon knows everyone in your family is different. there are so many of us doing so many different things. (vo) that's why verizon lets everyone mix and match different unlimited plans. sebastian's the gamer. sebastian. this is my office. (vo) and now with more plans, everyone gets what they need without paying for things they don't. new plans start at just $35.

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even with the market roaring, the stocks are down and take zebra technologies, technology company that's a leading player in asset intelligence they specialize in mobile printers and commuting, data capture really important and real-time locating systems to help businesses keep track of inventory and vehicles and employees. i like the stock for ages. it's been up 178%. up more than 30% year to date.

3% bounce today. however, zebra reported a truly fantastic quarter and took even me by surprise when they surged from 189 to 113 and now it's back to 208. it's viable. let's check in with arounde ethf zebra technologies and learn more welcome back to "mad money". >> thank you. >> good to see you. >> congratulations there are a lot of people betting against it because honey well had a disappointing quarter in your line ofbusiness but you're really not that analog. you're very different companies. >> we over lap in a number of areas but we do quite a few different things, also we have our own strengths and we compete for them but not everywhere. >> putting out because when i go to honey well, i do not see a video of sean payton, the coach of the new orleans saints and man i greatly respect talk about how at the end of a practice or a game, he uses all of your stuff to analyze who is really doing the job. >> that's right.

that's a unique industry that we have, yeah. >> you have cameras. i see around the stadium at the top that's your material, right? >> yeah, we do some of that, also. >> because it seems like that when i try to figure out human capital, we don't know how to rate human capital but we're paying these people, the teams are paying millions of dollars they can't afford to not have that that's your product. >> yeah, i think we've learned this past year that the tracking system we have with the nfl is actually considered to be the best by the broadcasters, the coaches and the fans. >> well, i wanted to ask you because i'm a fantasy football player, can we get access to it? >> so clear, right >> if they own the data, we can't give you access to the data i think they give access to some of the data but not all the data. >> that would be the secret sauce. >> you have all the information you could possibly want to have about every player on -- >> it's as good as the combine

if not better. this was another quarter where you really distinguish yourself. i cannot imagine a retailer who is trying to keep track of th r their -- any of their big warehouses how do you keep track of the merchandise? >> we're becoming an essential part of retailers strategies for building channel and e commerce capabilities historically, we were probably viewed a bit more as a tactical device supplier, today we're much more of an part of the strategy and move ourselves up to deliver for value. >> you have new things, savannah, explorer, these are part of your ecosystem >> yeah, sayen vannah is our daa platform we can connect all sorts of devices ors sensors on the sout side and north side we can have

apis to other applications we can provide a lot of analytics around what is happening. >> where would you fit in a software service adobe and stand all alone. and large company like oracle, manhattan all partners of ours they tend to -- we exchange data with them and they use for their operations but we also have our own software capabilities. we bought a company called profit tech. good example of this but we have other software capabilities. >> when i listen, i felt like it was recently a sales force company called tablo i was trying to figure if they were a competitor. i think they would integrate your data. >> they would integrate our

data we could be a source for data or incite analytics for them. >> that's a software company with a much higher multiple than when i first met you which was much more hardware. >> we aspire to get those evaluations, also. >> you deserve it. i think that this is a very changed story. there is still terrific hardware, i saw in your website a risk ban that you can use. then there is one on your chest. i mean, how many parts of your body can have scanners >> tracking today more and more things are being tracked and more you can do more and more efficiencies auout of this. tracking employees, patients and assets we provide a performance edge to the front line of business by having every employee, device, you know, technical thing being connected and outilized, visibl to the network. >> why is it only footballs? they have bulky equipment.

why can't they put a sensor on a basketball player to see whether that guy is working too hard maybe that guy will be out of breath maybe that guy will hurt himself because there is billions of dollars who are getting hurt all the time. >> football works particularly well, our type of technology works well for football but would work for basketball, ice hockey, soccer. >> ice hockey hasn't discovered it yet >> the challenge is the puck, how do you track the puck and put a tag inside the puck. we can do it but more costly on basketball, they are more focused on the ball than players. >> they should focus on players because we've seen too many injuries from people we should have flagged it ahead of time. absolutely. >> we do a better job. >> you do. that's the ceo of zebra technologies hardware to software, a much better higher price ratio and that's what you want from a

company. "mad money" is back after the break.

it is time, it is time for the lightning round. buy, buy, sell, sell and then the lighting round is over are you ready ski daddy. the lightening round, let's start with margrith in arizona >> caller: yeah, hi. >> hi. >> caller: hi, there, thanks so everything jim, i have a question for alibaba. what do you think with the trade war and everything >> it does tend to -- look, i'm not against owning the stock because it's the only chinese stock that i'm recommending. i think business is good and j.d. did report a good number. i think you'll be okay i need to go to kevin in new york, kevin? >> caller: hey, jim, thank you for taking my call. >> of course, chief, what's up call i'm a long-term holder of automated data processing. i want your short and long-term. >> listen and listen good. carlos rodriguez is doing a

terrific job the stock is a complete horse. short, medium and long-term. i need to go to nicky in texas, nicky? >> caller: hi, jim, love the show. >> thank you, nicky. >> caller: i want your thoughts on sanderson farm. >> i like the chicken business if i'm a commodity player, i would like to go with tyson. tyson has a better plea and none commodity business and a better quarter. let's go to bob in delaware, bob? >> caller: jimmy. >> yo. >> caller: boo-yah to you. >> go eagles what's up? >> caller: i want to wish my mom who is 100 yesterday a happy birthday and commend her on the foresight she had to buy me coca-cola stock when i graduated from high school in 1968. >> happy 100th birthday to her and that is sensational news an coca-cola is a great win let's make money for her and for

me. >> caller: my question surrounds the company with the two spin offs and what are we looking -- it's been very volatile. >> september one they are free to do a lot of stuff you always have to be owning your mistakes. i believed in the breakup of dupont it did not come through the way i would like it didn't hurt me or make money from my trust and it's a buy it has breaking up to do i need to go to laura in texas, laura? >> caller: boo-yah jim from san antonio. >> san antonio, love what's up? >> caller: my husband and i are big fans of the show. >> thank you. >> caller: we'd like to thank you for the job you do. >> we're doing our best. i got a great staff including heather gains back from vacation what's up? >> caller: i have a question about lockheed martin. i bought in at 139 it closed today 427 off of the 52-week high and i was

wondering, do you think ill still has room to grow >> congratulations on lockheed martin a triple not a lot of triples out there not a lot of triples i think she's doing fantastically well and i say own it own it lockheed martin goes higher. how about we -- >> no, that is non-sense stop that. i had a five-hour energy drink today and that's wrong let's go to george in new jersey, george stop it! i'm going to violate the control room i'm going to go back there george in new jersey, george >> caller: my question is about new core steel do you still like it everyone in a slowing economy? >> here is what i have to say. if you want to own a steel company, the on one to own is new core nue balance sheet great. they learn they are letting me do another one. zack in florida, zack? >> caller: hey, jim, just want to say i love your show. i watch it all the time. >> thank you. >> caller: you have a great

staff. they are awesome. >> katy senpencer fabulous. >> caller: i want to ask a question about qualcomm, what do you think about that >> qualcomm is okay, i prefer you to own a lot of other semis including sky works here i like it less controversy and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. 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.

in this seesaw market, i like to keep an eye on powerful growth stocks that have shown they can hang in there when everyone else is panicking you may not need them but they are worth falling back down when wall street freaks out which brings me to nova cure it pioneered a way to fight aggressive forms of cancer like a real deadly type of brain cancer you may have heard of they call the therapy tumor treating fields, okay? they fine tune electric fields to specific frequencies where they disrupt cell division and make it harder for cancer so spread since we last spoke to them in february of 2018 when i told you to buy it, the stock is from $20 to $88 and change. that's a 329% gain the numbers keep improving as the company platform gains more and more main stream recognition. in the latest quarter, the sales

is a 41% clip and on the verge of the first it keeps testing technology and more common types of ancer non-small lung cell cancer, ovarian cancer, lung cancer. do not take it from maine let's catch up with executive chairman of novacure. welcome back to "mad money" mr. cramer congratulations on everything you've done. it really is incredible. this was your first ever quarter of positive operating income now since we've seen each other, the acceptance of what you're doing has grown. how did you do it? >> well, i think as you point out, we have a brand-new platform technology to treat cancer, so it's not surgery. it's not chemo therapy, it's not radiation. it's different and that means that we have to educate doctors and we have to educate patients and we have to keep publishing papers and we have just done that as a steady

clip so that our therapy is becoming accepted we also were designated category one by something called the nccn the national comprehensive cancer network this is the group of leading medical schools that essentially determine standards of care, category one is their highest designation. that helped a lot, too. >> that must help with reimbursement which is crucial for any procedure. >> of course, to bring a therapy to patients, which at the end of the day is our mission to bring our therapy to as many patients that can benefit, ultimately, there has to be access and access means that payers have to reimburse patients after doctors prescribe it we've done a lot of work in this area and we're at the point in the u.s. where virtually every private insurance plan covers our therapy for gbm and the big step forward and i have to just under line this because it's very difficult, this past

quarter medicare agreed to cover the therapy for all -- >> 25% of your people. that's a remarkable thing. >> we made the decision previously to provide the therapy to the medicare beneficiaries. we had all the expenses from the patients, which means now that the revenue essentially flows right to the bottom line. >> one of the things the one deadly liver cancer, pancreatic cancer, you're going after real hard ones. is there any reason you're going after the toughest, ones others failed at? >> again, we're using electric fields as you said to disrupt cell division and cause cancer cell death the interesting thing about this is that we can treat every type of cancer cell that we can

essentially get our fields into. that means the solid tumors of the heat, chest and abdomen happens to be where all the tough cancers are. >> can this work for anything else other than cancer >> we're doing a lot of research in other areas and there is early indications of other interesting effects but we have so much on our plate right now with cancer. we're focused on our first indication, which are mefrom as best to asbestos exposure. we've been able to build a nice business that is cash flow positive now and will be profitable soon and is paying for all of our development activities in other cancers. that's a big difference between what we're doing and most bioteches. they are doing great work but

have to raise more money and more money to fund -- >> really different. bill, i came across in from a late friend of mine who lived far longer than anyone thought eco would bring cancer we know him and he's turned me on to this and it's a blessing that he was able to live as long but it was -- he was carrying around a car battery size device that's no longer the case, right? >> yeah, the other thing and this is what being cash flow positive really means practical practically. number one, we can accelerate clinical development in more cancer types but doing much more engineering on the device itself as you mention, first of all it's smaller today it weighs two pounds, the old device weighs about six pounds and the patients when they receive therapy have a raise on the skin surrounding the cancer we published data that shows that the more intensity of the

fields if you want to think of it like an fm radio, we turn the dial to dial in the station of the tumor but depending on how close you are to the station, you get the stronger signal, that's where we get the bigger kill effect. >> okay. >> we can improve our antennas so i think we'll get even better results in the future and we're paying for that development with our cash flow. >> one last question there are many people, cancer is a deadly disease, many of us have lost people to it there is an entrenched group of people that like to do it the way they have been doing it. are there people resisting because it's simply not the way they were taught >> i think that's true with everything it's brand-new it came out of left field. this was invented at a technical university in israel by a fa

physicist not by a biologist they take awhile to get to maximum adoption but we're doing remarkably well given how unexpected this therapy is. >> i remember from the time you came because i saw it in action. you have to see it to believe. i'm hoping more doctors see it to believe thank you for everything you've done for the patients and shareholders that's bill doyle, executive chairman for novocure. look at it and stick with cramer (in dutch) it's happening..! just ok is not ok. especially when it comes to your network. at&t is america's best wireless network and now, get the option of spotify premium on us, with your unlimited plan. more for your thing. that's our thing.

. i know it's a good day for the bulls. remember mark sebastian's work he does indicate we have to do consolidation, chopping, meaning we have to go down a bit before we can rally again i like that advice i don't like to buy on top of a major rally triggered by yes, a tweet and a press release. i like to say there is always a bull market somewhere. i promise to find it here for you on "mad money. i'm jim cramer and i'll 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." ♪ first into the tank are erika welsh and keeley tillotson, college students with a business they created in their dorm room. hi, i'm keeley. and i'm erika. we founded our company, wild squirrel nut butter, this january as sophomores at the university of oregon. wild squirrel is seeking a $50,000 investment in exchange for 10% equity in our company.