t golow policy risks not just from the trade war but also the 2020 election. >> graeeat having you on. >> stan. >> you want to trade it against those lows from a couple of months ago. >> she's tolerated our tom fooleri. r >> earnings my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica. my job is to teach, educate you so-call or tweet me @jimcramer who is afraid of the big bad inverted yield curve now

after today's magnificent run the dow gaining and s&p gaining and nasdaq 1.5 maybe we shouldn't lend so much credence next time some indicator flashes red when ten-year treasuries were giving you it, experts came on the air and said a recession is insev inevitable and you should be afraid that's no way to make decisions about your money i explained over and over again you get a much better read by listeni ing to conference callsf individual large companies they said consumers are liable now look what happened yield curve on friday, if you took your queue from the panic

and sold everything, you got burned that's the problem with following the big data an inverted yield curve may mean a recession but tell that to tens of thousands of people that shop at walmart every week the president gave walmart a shout out. ups delivers hundreds of amazon boxes every day and tell it to the geeks at visa and mastercard or apple where the service revenue stream keeps growing the companies are seeing a sign of an imminent slow down i'm pretty sure we haven't seen the last of the reversions so money should and will keep pouring into u.s. treasuries if the germans don't do something to stimulate economy

and save banks and the chinese remain effective in their attempt to offset the tariff, you'll see a yield curve and the negative people will come on air again and say i told you so. they boar me but let's dig into what triggered this rally which by the way began before the inversion ended. first you always hear people yapping corporate earnings will be disappointing they will be up six instead of seven. who are these people who would say that yeah, and the niners will be 12. come on. the macro data they have conclusions i think are factious take the whole analysis with a carton of salt some of the earnings are pretty darn good, people. i look at the beautiful walmart quarter with 2.8% same store sales growth much better than expected and i feel confident. sometimes more than doug who is silent about things.

maybe he ought to speak up about how well he's doing. walmart chompers didn't get the memo and taking financing money, the refinancing money you get and use it to decorate houses. renovating like mad. they are buying new homes. second, semi conductor investors have been betting, investors have been betting on a turn around but gave up on the group, ten days ago and that was based on worries about a slowdown and the decision by the chinese to buy local and they are supposed to be road kill. looks like no one told invidia who reported a monster earnings it was supposed to be road kill. what's driving the strength there? look, do you remember when we visited one of my favorite times since i've done the show, we visited them and saw the future of a graphics processer that would make video games life like and it's starting to kick in

we saw chips toself self-driving cars, something that needs to work if lyft and uber work. we learned volvo is engaged with uber uses volvos we learned that. we saw the data center and told while there was a pause in spending, it would end soon. apparently it has. no longing taking our language literally. this i love. for instance, when you say go jump in a shake, your computer goes to google maps and looks up the nearest body of water but a computer powered by invidia would know you're angry. artificial intelligence is m co-ing everything that moves will be autonomous and ai from health care to finance to

transportation these are secular trends and wouldn't be stopped even if jay powell speaks this friday. he should go fishing the blowout invidia numbers were like the old days. remember those were the days my dog was renamed invidia and answers to that game or cbd gummys, listen, he's got arthritis, what can i do regular viewers know i'm a huge believer in the company and ceo but had no idea it would have enough stock action to move an entire group amd, semi, broad come, so many with the dumb beat of a 30-year running amack and run a recession. perhaps demand is there regardless we got a bunch

positive maybe okay above we learned service revenue stream is standout but most important thing in the last 72 hours, tim cook to president trump how apple will be disadvantaged versus samsung if it got hit with the latest tariff there was no sense the white house cared about this until cook sat down with the president. the party line had been there, apple wants to do so much business in china, they have to face the consequences. the president's positive tone, maybe more accommodating going forward and maybe give him a break? the yield curve isn't all we should focus on, go, this looks like a great broadway show i usually fall asleep on

broadway you have to listen to estee lauder's call. we know they have a business segment weaker than others still, china was on fire so the e commerce purchases were incredibly strong and the stock had 22 points in response. is this stuff that good? i guess so i don't go to the counter. i don't know about you, but what the heck were people thinking using premium makeup with an inverted yield curve how dare they? how could sales of clinique be so strong and how can people want to buy mac? it sounds ridiculous because it is even though i've heard it for months mac. m-a-c, my wife has a whole wall of it.

what is it i don't know it costs money stopping traders in their tracks but not commerce the recession talk hasn't vanished even if it's buried under a mountain but days like today it's hard to find. let's go to john in kentucky, please, john >> caller: boo-yah, jim. >> boo-yah back. >> caller: okay. yeah, great. my grandson and i he has a little education portfolio that i've got for him for his college. he's 9 we recently bought some disney about couple months ago and it's down 5% but kellium wants to buy more and i agreed but we want to get your opinion on it. >> i think your kid has horse sense. >> caller: i don't want him to be a whistle blower. >> like the clown that tried to knock down g.e is it fun and games to knock stocks down? i'm sure it's germane.

i'm with bob tiger, call me crazy. i'm with iger. i say your grandson is right let's go to pedro in florida. >> caller: boo-yah. >> yo, yo. >> caller: i'm a big fan second-time caller listen, i'm in the house of pain with my stock vm ware of the news of the acquisition. >> yeah. >> caller: with the report earnings this week, should i buy more, hold or sell >> i can't say i was that happy with the pivotal news about the deal i think vm ware can bring out good earnings and under promise so this time they over deliver i can say a bottom is no harry in pennsylvania, please, harry? >> caller: hey, this is harry from new port, pennsylvania, jim. i bought all of your books and

i'm absolutely loving concessioconcessio "confessions of a street addict". >> you're too nice. >> reporter: my girlfriend started investing and loves your show i bought royal dutch last week more or less as a value play and i'm wondering what your thoughts are on the oil sector, not just royal dutch shell itself but the oil sector and it's just been beating up -- >> no, i have soured on the fossil fuels i think there is long-term real issues there, even the best won't go up and i have to tell you, royal dutch for instance is not as good as bp and if bp cannot get out of its own way if you want to cost intel, try looking at whiting or worse, concho in other words, stay away. please don't get me wrong, i don't think we've heard the end of the recession talk. they can't stop yapping about it boy, oh, boy, the mountain of bullish evidence is hard to anything nor

on "mad money" tonight, feel like the fun police invaded this market i'm eyeing six flags versus seeder fair to see which can put the roller coaster action to good use and one of the hottest groups in the market i'll reveal tonight's off the charts but first, despite the slowing economy here in the u.s., the consumer, the consumer remains strong i'm taking a look at what they are spending, buying and the companies that you need to buy shares in. so 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 m madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. hey! i'm bill slowsky jr.,

i live on my own now! i've got xfinity, because i like to live life in the fast lane. unlike my parents. you rambling about xfinity again? you're so cute when you get excited... anyways... i've got their app right here, i can troubleshoot. i can schedule a time for them to call me back, it's great! you have our number programmed in? ya i don't even know your phone anymore... excuse me?! what? i don't know your phone number. aw well. he doesn't know our phone number! you have our fax number, obviously...

today's xfinity service. simple. easy. awesome. i'll pass. for those of you who work in retail, i genuinely feel for

you. there is really no place to hide can't possibly have business as usual because there is no business as usual anymore. why? because the american consumer has drawn a line in the sand either you're online or you're off price. everything else is either due or suck in a slow decline like macy's, regular brick and mortar retailers can't compete anymor . they are slowly going away these days consumers think it's convenient we didn't think about convenience until amazon comes along. we're seeing a generational change if you're a baby boomer like me, you appreciate being able to buy stuff online but if you're a millennial, it's not that they dislike brick and mortar but can't understand the reason for it why would you pay more for something you have to leave your house, get in your car and pick up in person

amazon will give you a cheaper price and deliver it to your home isn't that great that's what prime is about that was so -- that was painful about that macy's quarter last week the fact they missed in the women's sports ware category and it hurt them was stunning and if they messed up a single category, who cares. they botched it. that was all she wrote, 9% yield. i mean, holy cow here is what you need to understand, watch, walmart, alson, ta amazon, target, costco and home depot. watch is about more than that, balance sheets a portion to build our working private e commerce business. walmart, target and amazon spend what they need to deliver goods to you as fast as possible and they have great balance speeds they will have them run out to

your car to be picked up after you park you can't beat that. what separates them from the rest of retail is they can afford to spend like mad target might not compete directly with amazon or walmart but clever with the acquisition of shipt last year which is the ultimate same-day delivery service target reports this week and the results are spotty every time the company misses, bye. walmart totally gets the preference of older consumers but encroach on amazon thanks to the low price strategy and the ability to use 4,177 other stores as distribution centers if that's not convenient enough, walmart is rolling out the most aggressive delivery service of all right into your house. they have cameras when you come in, the guy comes in, you're not home knocks on the door and puts it in your fridge. i mean, the trust their customers must have. if it is the way to beat amazon

we know they are hiring prime, it's a club for heaven sake, not a store. it's costco and again, like amazon and walmart, costco is presumeed to have the lowest prices since they allow you to buy in bulk. that's one thing people are willing to happily buy in person, incredibly cheap stuff i included home depot and watch for two reasons. it offers convenience. customers love home depot but you'll hear tomorrow morning contractors love it. lowes hasn't been able to crack it last time home depot got cracked and the darn thing went back, maybe does that again. that's why watch makes so much sense but what about the off price side of things that's the other part of retail working online or off price. consider the two dollar stores they are doing incredibly well

dollar store carries stuff, sometimes more than a dollar dollar general don't need china for that they are just plain bargains i know they moved a lot. i like them. the other off price stores are two they went down because people don't associate them with a boom tjx, ross, burlington are doing the best notice how poorly they act i like these names for the reasons i hate the rest of brick and mortar off price chains like tjx are beneficiaries. when department stores like macy's have merchandise, they sell to companies at a fraction of the cost. if you listen to the macmacy's conference call, you'll be going to the burlington store. burlington stock has been dropping i think it's worth buying into this weakness.

when you have winners in the digital side, right alongside l amazon i think etsy, shopfy, it reflects the revolt toward big, national brands mentioned by a big department store chain that's too small to talk about and one-time ceo was on the air and didn't do that well there. genexors are zero liability. they would rather find one of a kind they make it easier to sell hand made goods they destroy mom and pop stores that sell this stuff they were all destroyed but these facilitators are bringing them back. that's another nail in the coffin for brick and mortar. is there hope for traditional brick and mortarry ta retailers

that's a sham. everyone claims to work out and gains and experience experience hamburger for heaven's sake. not unless it looks good on instagram my daughter told me. some stores are fighting for their lives. a recent tanger outlet conference call, i was shocked to hear a high number of lease expirations happening without stores to fill them. the ceo steve tanger says quote, most of the bankruptcies in the last three to four years is attributed to leverage buyouts by private equity firms that did not invest in merchandise or stores, not because of a flaw in the outlet distribution channel and good times and bad times we're supposed to like a bargain. well, i agree with what some logic of what steve is talking about and i think ma lean yialse millennials don't believe outlet

stores represent a bargain they think they are making that stuff special for those outlet stores and i think they are right. in the old days there are were so stores that sold full price and made it. bed bath and bee yonyond not anymore. when it comesmo mortar retail, there are only a couple i need you to stick with watch and the off price plays. if it doesn't have a great dig knit presence or incredible bargain, i need you to take a pass and i need you to stay with cramer

that's what happens in golf nothiand in life.ily. i'm very fortunate i can lean on people, and that for me is what teamwork is all about. you can't do everything yourself. you need someone to guide you and help you make those tough decisions, that's morgan stanley. they're industry leaders, but the most important thing is they want to do it the right way. i'm really excited to be part of the morgan stanley team. i'm justin rose. we are morgan stanley.

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what can you do many you don't trust the market the average has a bad habit of turning on us when we seem to be out of the woods for those of you feeling nervous about a potential slowdown, i can't blame you. you want yields, bountiful yields, an environment where they are ridiculously low levels, the 30-year is barely above 2% stocks with big dividends become more attractive. there is no composition from the bond market. if you want investments to generate income, dividend stocks are the only game in town. everybody else knows that. most of the go-to high yielders are performing with eloquent and when dividend stocks go up, the

yields shrink. that's why we're on the hunt for new options. we want stocks down and out giving them accidently high yields i call them ahy but not so down and out these payouts are in danger. you want seeder fair and approaching sadly and may seem like a time to highlight excellent long-term performance. they made a lot of money over the past decade however in the past year or two, both stocks have peaked and come down substantially from their highs that's how you end up in a situation where secedar fair is 7.1% and six flags, this is a red flag some of it is because companies paid generous dividends but some come to the recent performance

in the companies and stocks. i think those are safe but because we believe in diversification, you should only consider owning one amusement park stock the question is which one. let me show you two stocks along with three water parks and four hotels in the u.s six flags is bigger. they are the largest theme park operator on earth with 25 parks, mostly u.s. and one in mexico and one in canada. not a lot of daylight between them why are these two stocks falling out of favor with the wall street fashion show? their stories are a little different. cedar fair peeked in may of 2017 and moved lower before it bottomed two weeks ago when the company reported disappointing numbers in 2017, they blamed the weather. it was bleeding. heading into 2018, they rolled out new roller coasters, there was a lot of optimism but then, the company preannounced dismal

numbers in july of last year once again they blamed the weather. although this time investors didn't buy it. since then they struggled to regain wall street's trust they didn't prevent the stock from rolling over along with the rest of the market cedar fair has this problem. what about six flags it claimed 14 months ago and spent the next nine months getting completely hammered. losing 36% of the value. by the time it bottomed in march, since the stock has shown some signs of life and the story is pretty much the same on a compressed timeline. six flags started seeing weaker results and blamed the weather and got a pass right up until they reported a very weak quarter last october right into the teeth of the market wide melt down. there is one more component here six flags is looking to license its brand and allow foreign

developers to create franchises overseas that could give a nice revenue stream they had big plans including parks in dubai, saudi arabia and china. those got delayed. some may not happen which crushed the stock. still, just like cedar, the last couple quarters better than expected but nobody is paying attention. didn't matter when the markets hold off in may. now that you know where each of these companies is coming from, we got to figure out which is better in a clinical and rational way six flags has roughly twice as many properties as cedar fair, however the revenues are almost equal. 1.5 billion for six flags and 1.4 billion for cedar fair they have more profit, 275 million versus 170 million point to six flags a very point to six flags how about the quality of the

parks, six flags is more than quantity and quality of it's own. they have a brand-new relation 14 ship with warner brothers and six flags has international exposure which isn't what we want now most importantly, there are numbers. in the last month, both companies have reported solid quarters which is the only reason i'm comfortable recommending them. i wouldn't be doing this piece, otherwise. six flags had mixed numbers. when you drill down, though, there is a lot to like including an 8% increase in attendance and making money on international license deals including the project in china cedar fair, the results were strong a gigantic 25 cent earnings beat over 86 cent basis with higher than expected revenue thanks to an upswing in attendance they sold a record number of season passes and in park per

capital spending which is something we like so much about disney keeps climbing. on the conference call, the ceo richard zimmerman says we feel good about how the year is tracking as we move into the month of august followed by increasingly important popular halloween and winter holiday events do i ever like the fact these guys are no longer one season. what changed here? maybe cedar fair's execution i'm pro -- improved maybe it was the weather weather can be make or break hey, listen, rainy weekends just crush you. either way, last quarter, we're crowning cedar fair as the winner it's in a better position than six flags but we welcome both to tell the story you know what is crazy, seeder fair has the cheaper stock so less than 15 times next year's earnings estimates, six flags sells for 19 times it's a discount that shouldn't happen considering cedar fair

pays a bigger dividend cedar fair's payout is safer it eats up 58% of the operating cash flow compared to 68% for six flags. these stocks, cedar fair is mispriced, i think the bottom line, if you're searching for income, look in further than the amusement parks, a natural place to go if you choose one of these, it should be the cheaper, higher yielding cedar fair i believe right now is a better bet than six flags. let's go to daniel in my home state of new jersey, daniel? >> hey, jim. first time long time. >> first time, long time. >> caller: so me and my buddy new into the market and we've been discussing royal caribbean and i wanted to know your opinion on it. it's at a low right now and i wanted to know if it's a good-bye goo good buy at this number? >> richard is a terrific operator

some of these stocks that are short-term blips that's a good one to go with and i believe you and your bud first time, long time are doing exact right thing buying rcl all right. let's understand each other. the market is a wild ride. but if you're looking for a play to help you stomach it, i say pep -- no. i think the amusement parks are the way to go. you may not know it by looking at me, but you don't have to be sexy to make money tonight's charge may not have the look but they have the staying power. i'll reveal the names and the state of consumers have never been more robust and all your calls, rapid fire on tonight's edition of the lightning round so stick with cramer.

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. if the roller coaster in this stock market is making you sick to your stomach, stop fighting and start embracing it feels like every day it's soaring to the stratosphere or plummeting back to earth you know who benefits from that volatility the exchanges, that's who. up and down. if you're running an exchange, you don't care about direction you care about volume. when they split in and out of an asset glass, they make fortunes. among the hottest groups in the market but this is one of the markets you don't hear much about. that's my fault. i don't talk about them nearly enough they are not sexy anything technology, now fortunately for me, you don't need to have sex appeal to make a fortune that's exactly what these

exchanges are doin ing let's lok at cme group called the symbol, the cboe global market and the enter k enter kcontin then tall exchang. thanks to a decade of consolidation, major exchanges have tremendous pricing power. that's because there is nobody less than a gain to beat on a large scale basis. boy, that's what you want if you're a capitalist. they have been gobbling up rivals left and right. inter continental exchange, they have the leverage to beat down potential competitors, which is why their stocks have been total juggernauts. so tonight we go off the charts with the help of bob lang, the founder of explosive options .nt as well as the duo behind

thestreet.com's stock newsletter he's also the author of know your options, getter a better sense where the exchanges might be headed because these stocks remain as hot as can be. we know the fundamentals are good the company forming under chicago merck is making a killing thanks to the trade in commodity trade now that gold and silver got it back it originated in the chicago board options exchange and seen an explosion of options. it used to be that you can only get monthly options. these are incredibly high-risk instruments which is why speculators love them and inter continental exchange we just spoke to stacy cunningham we were outside in front of the new york stock exchange. he's president and told us a very compelling story i thought. all three had strong quarters, everyone as they were up against quickly tough comparisons. now let's delve into the technicals to find which are up

to snuff in the strong chart the chart. let's start with cme group that made an all-time high today. cme got clobbered in a march, it's up 15% for the year look at this market shape, will ya that's incredible. you had like, what, like four days, there is probably only 20 days that have been negative here so what does lang like when the stock pulls back hard at the end of july see the big pull back here it quickly rebounded from those levels buyers stepped in almost immediately because there is such tremendous demand for it. bounces off of it right like that wow. the rally and the cloud, we try to throw out the tool that uses the moving averages to give you a one glass is stay green. that's very important. when the cloud is green and pointed higher it's just that

the stock has more upside. then there is what we call the moving average converging that's one of my favorite indicators. it's an important gauge with a bullish crossover right there. you see? where the black line crosses above the red one. that's one of the most reliably positive signals in the entire chart book plus the big institution money manager can't get enough of cme. why? the shake and money flow and shows you that's a level of buying pressure. extremely strong stocks at $216 and change. lang would not be surprised if this makes its way up to 250 i wouldn't be surprised, either. this is a very good stock for this environment next take a look at the daily chart of inter continental exchange oh my god these charts are gorgeous this is a gorgeous pattern of higher highs, higher lows. higher high, higher low. you get the picture. it's really incredible

once again, the money flow, look at this has been extremely positive territory they are buying hand over fist and right on the verge of a bullish crossover. not there yet, on the curve. the cloud i got to tell you expanding classic signal sorry. inter inter continental exchange, you see it, boom it made an all-time high and up 23% for the year lang's view trading at $92 and change he's going to make a move over 100 quickly. finally, the chart of the cboe we see a very similar trajectory cboe got slammed in late july. they all did they took it on the chin, okay but then the stock just a couple

bucks away just went right back. lang likes it mid a consistent pattern of higher highs and higher lows. you see that that's the dicey moment that bounces off the 50-day which is powerful this is what charts are looking for. the stock climbed and heavy money flow the mack d is extremely positive there you go as is the relative strength of the rsi. i got everything at you. that's another crucial indicator. the cloud trending higher. what is not to like? cbo made the gold man cross. where the short-term 50-day moving average crosses above the 200-day. that is the holy grail for chart watchers any money manager will plow into

a stock that does this, okay which explains why it's up 20% since then the stock has more upside. yes. but with cbo trading at 120, he would like to see a pull back from 115 to 118. too much above the average to pull the trigger here is the bottom line, people. the chart is interpreted by bob lang suggestion the exchange talks have more to run right here, buy them tomorrow and likes the cboe weakness. for me, i love the stocks and i'm getting a sense that these stocks have been anointed as winners by the big hedge fund which means they can run to the end of the year. guys want to own options deep in the money for the month of december i'm sanctioning it but i do of course want to pull back all three were great for me. "mad money" is back after the break.

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it is time, it is time for the lightening round

buy, buy, sell, sell and then the lightning round is over. are you ready ski daddy? start with bob in new york, bob? >> caller: jim, this company is one of two triple a rated companies, booms cloud business but the second largest revenue stream is china with the china trade and possible recession, is microsoft a trade or like apple an own it equity >> i want you to own microsoft i talked to my producer offline. that's how good he is. win g bingo, jennifer in oregon. >> caller: i have 338 shares of boeing purchased at 137 a share, if you were me, would you hold, sell off and take out my initial investment or sell all of it? >> actually, the tell you the

truth, i would take out my initial investment the fact is if they shut the production line down, business stock is retleflecting that. take the money you put in and that's it. dave in illinois, dave >> dr. cramer. >> dave, man, what are you up to >> caller: my stock today is ferrari. >> you know my wife is a lamborghini person but i got to tell you race is doing remarkably well. i'm a buyer. dominic in california, dominic >> caller: hi, cramer. >> yo, yo ca. >> caller: my grandson has a question about a high flier. >> caller: i'm calling about nmo stock. >> no earnings, no revenue, you're out there by yourself and i do like younger people having a chance of taking a big swing and you can do that. jerry in connecticut, jerry? >> caller: boo-yah, baby.

>> yeah! >> caller: brother, i'm looking at hexo. >> just keep looking, don't buy. some of these cannabis stocks, i say be careful that ladies and gentlemen, is the conclusion of the lightning round. >> the lightening round is sponsored by t.d. ameritrade ga. 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. through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet...

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though retail is in trouble, the american consumer is in great shape. we have a great job market and if you own a home or portfolio n value. we have time to take part in the new economy. let's take them one by one every time i hear the bond market is predicting a recession, i come back to the labor market it's easy for people to find work there are many more jobs than people to fill them. the destruction of the state and local tax deduction was supposed to wreck the housing market. the reason half the country with the exception of the highest tax states in new york, new jersey and parts of california didn't have much impact homes have remained good investments made better by the recent crash in mortgage rates if you're worried about affordability, it's not longer a problem. third, the new consumer is so different than the baby boomer consumer her cases are hard for

people my age to fathom and hard to capture in the data millennials are never going to make as much money as their parents. the generation is scared by the financial crisis huge student loans, $7 trillion, the internet and the death of customer loyalty and it's a very different dynamic. you got a group of people very frugal and addicted to convenience. so what does that stew of preferences mean look, you got a whole generation of people that have grown up with amazon and netflix. you don't like to leave your house or couch target, walmart and of course amazon working this environment, young brands haven't been doing well why? taking the share versus dominos. starbucks, dominos, they deliver. how about the netflix side of the equation this is all about sitting at home and having it delivered to

you while you watch tv or play video games. and if you're streaming video to tv it's probably enabled by roku the little engine that could and wasn't destroyed by amazon what's rejected? housing and cars we now have 327 million people in this country yet we're building half as many homes as we did when we had 202 million people homeownership is increasingly the profit of the rich and not obtainable for most folks or the younger generation refers to rent if you grew up during the financial crisis, i can see being hesitant to buy real estate when there were 282 million people in the country, we sold 17 million vehicles. we have 327 million people and selling the same number of cars. think about uber, right? for a lot of people owning a car isn't a great value proposition anymore. it isn't final straw. consumers get news and information from the web that created a spending pattern that

starts with the iphone, not the ads so much of consumer spending is big tech. but at the end of the day what matters is that the consumer is in good shape but we have a generation l shishift in spendi patterns people are still shopping. they simply aren't shopping where they used to stick with cramer. but perhaps this year, a more exhilarating endeavor awaits. defy the laws of human nature,at the summer of audi sales event. get exceptional offers now.

you should be mad they gave this guy a promotion. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse.

but you're not mad, because you have e*trade, who's tech makes life easier by automatically adding technical patterns on charts and helping you understand what they mean. don't get mad. get e*trade's simplified technical analysis. all right. the consumer is strong, but the patterns are so different that the macro data doesn't capture where the money is being spent hence why i don't really trust the macro data but people do. i have to stay close to it the inverted year old curve told us nothing about consumer spending, nothing at all i like to say there is always a bull market somewhere and i promise to find it for you here on "mad money. i'm jim cramer and i'll see you tomorrow

♪ >> narrator: in this episode of "american greed"... efraim diveroli, just 18 years old, says he is doing his part for the war on terror. [ explosion ] no, not on the battlefield. in his apartment in miami. he's an online government contractor supplying weapons and ammo to the u.s. army. and america's wars are making him rich. >> the kid made $1.8 million, and he showed me his bank statement. and i... that blew me away. >> narrator: what he delivers to the front lines is the cheapest equipment he can find, including some that is damaged and unacceptable. >> this guy is getting rich off