facebook. >> afis budge. ticket symbol car negative headlines and up 40% in the last 12 months. >> we do appreciate that thanks for watching, everybody impeachment vote going o my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it, "mad money" starts now. >> hey, i'm cramer welcome to mad money." welcome to cramerica other people want to make friends, i'm just trying to make you money. my job is to teach you and boy put it in context. call me at 1-800-743-cnbc or tweet me @jimcramer. even as the house of representatives debates the impeachment of the president the stock market seems like it couldn't careless.

too glib maybe not glib enough. the dow did snap that five day winning streak to close down 28 points the s&p back slid .04% nasdaq actually advanced .05% but while most of the country is spell bound by the prospect of the house impeaching president trump the effect on the market was minimal, why well in part because we know exactly how the trial in the senate will go more on that, much more on that later. from an economic perspective though there's just not a lot at stake here the only outstanding issue that really matters to wall street is the negotiation of the new nafta but that's looking like a done deal in congress because speaker nancy pelosi was willing to compromise mexico is rebelling against the notion of u.s. labor law monitors in their country, issues of sovereignty. of course there's the trade war with china just got a phase one deal with the chinese and president trump

agreed to reduce the tariffs as long as the prc plays ball anything that levels the playing field with china is a good thing. leveling is good and anything it reduces the uncertainty of the trade war by deescalating, it will be beneficial to the stock market the political theater of this impeachment process, zero impact on that. in fact, i expect china to make some huge pork purchases imminently because african swine flu has devastated their own pork production. they have lost more than half of their population this year while china has a great deal of frozen pork, prices are already soaring so they're only going to get worse if they don't start importing large quantities of the stuff with us. we're the only country with the capacity to meet the demand for the other white meat you hear a lot of experts describe the chinese communist party of unassailable regime but

skyrocketing food prices are one of the few things that scares the heck out of authoritarian regimes. they started as full riots now about free speech. we always hear that president xi is invincible. they have taken to calling him the king according to the ceo of a big time american industrial company that just came back from china. but food inflation, that's how kings get dethroned. that's right the chinese need to buy american pork regardless of what is happening in washington today. that's why i like tyson foods that stands to make a fortune if pork prices surge. why is that? because they sell pork themselves but we'll also be eating more beef and chicken it's going to become more affordable versus pork that's right in tyson's wheel house. i'd buy it right here. with or without the big chinese ag purchases if a thousand american flowers are blooming in china then you

probably want to own nvidia that just had a ton of deals with chinese companies for its tips used in autonomous driving and artificial intelligence and gaming it's a prelude to finally giving them permission to acquire them. be i the way, the ceo told us when we went out there would close the deal would be immediately added to their earnings but the chinese regulators haven't signed off on the deal even as the eu did today sending them to a new 52 week high. i think that good news beckons it doesn't hurt that the technicals are on your side with nvidia as they pointed out just last night on our off the charts segment, she predicted a huge run on nvidia. she could be right we also got still one more up day from many of the retailers that are most hostage to china and when we think of it, we think of kohl's, gap, macy's, we

think of nordstrom these are the companies that hadn't been able to mitigate the cost of the tariffs to wall street's satisfaction. i'm okay with that but i think this rebound is getting a little long in the tooth. and then casino stocks jumped on word that china will loosen restrictions on its gambling haven. something that will bolster those that do win and las vegas sands. i like those over and over again what matters in this market isn't washington. it's the fundamentals. today facebook and instagram is the gold standard for online advertising. facebook blow through 200. it doesn't matter what the politicians say. facebook's users and it's advertisers, they love the platform the pinaction here was so posit that the twitter stock went up as i see it, every day congress

spenl spen spends focused on president trump is another day another big cramer fav i love saying that tesla is closing in on elon m k musk this time the move is fuelled by the woes of their high end competitors in europe. stories have delayed deliveries from european auto makers. drove the stock up $14 to 393. at the same time, netflix rallied again. this time by five points disney plus doesn't seem to be eating into their sales too badly. now after the close, we heard from micron, the commodity semi-conductor maker i told you to expect a good quarter and that's what i got. the friend of the show said that the quarter would mark the bottom for micron's business the future is looking better than the past. no wonder it's trading again omorrow.

it welcomes a serial disappointor by the way. they only declined a couple of bucks and the news is that the market assumes that fedex's problems are fedex specific you should be willing to more than you should do some buying while today's impeachment debate doesn't seem to do much damage

it was met with no buyers today and that's not what you want to see if you're hoping for smooth sailing going forward into your end. even if we have a few down days coming up, more of the market being overbought than the president being overimpeached. market history says it's a mistake to freak out about the impeachment process. stick around and i'll tell you why. why don't we go to dave? dave. >> jim, i just want to thank you for sharing your market knowledge, your hard work and enthusiasm delivered on well over 3,000 plus shows. you have unquestionably impacted my approach as a serious investor >> well, dave, i'm thrilled about that let's talk about a stock, though what stock would you like to talk about >> well, i want to talk about the market outlook for 2020. what's in store? 2019 has delivered s&p to date

up 27%. >> right. >> we're in the 11th year of a bull market and the fed has resumed it's bond purchasing program. on the other hand expected head winds include sluggish global growth and negative global debt topping out above $17 trillion and the u.s. two year ten year yield curve inversion. >> but we're not going to let these particular issues really blind us to the opportunities that i see and in the show tonight we're going to be talking about how tech turns out to be the best way to go regardless of the political implications and i'm going to stick with that for now even though i know short-term it might be overheated. the averages barely budged today but i'm urging you not to freak out. mad money tonight, when clinton was impeached the market gained. it's mad money impeach-o-nomics.

how did i get a fresh peach? they're out of season. investors kept cooler heads through the last impeachment inquiry? but how could it effect your portfolio. i'm going to see if the performances could offer any clues. with a vote taking place this very evening, i'm going to get the latest with aman javers. so stay with cramer. >> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 80743-bc1-0-cn miss something head to madmoney.cnbc.com.

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covered. you're inexhaustible what's the latest and is the drama building >> we're in the final leg of today's marathon debate in the house over the articles of impeachment against president trump. both sides coming down now to their closing arguments. republicans said this is all just sour grapes left over from 2016 democrats say that no one, not even the president is above the law. >> the risk is real. our democracy is at peril. but we are not without a remedy prescribed by the founders for just these circumstances impeachment. the only question is will we use it >> well, clearly, jim, the answer is yes and the house is on track to begin voting on the articles of impeachment around 7:30 to 8:00 p.m. eastern. after that, the president will become just the third in history to be impeached by the house though this time that vote will be largely along party lines,

jim. >> thank you so much you are doing a fantastic job and i really appreciate you keeping us updated good to see you. >> thank you now look at the action today it might seem like this market has a very hard time incorporating what we just talked about the impeachment of a sitting president. i'm sure that many of you are astonished blown away by the cavalier way it plowed higher despite the horrific headlines. >> the house of pain. >> and a level of ran corr in washington that seems reminiscence of when they were trying to get through the compromise of 1850 before the civil war but i have to tell you it's doing a great job of reacting to the impeachment process. why? because what's happening today is momentous, it's just not month m momentous to wall street nixon had been forced to re-sign and because of the opposition controlled both houses of

congress the gop had 1 5 5 seats and they only needed 12 democratic defectors to remove clinton from office now the democrats didn't break ranks. a few republicans did. the actual vote was 50/50. president clinton was acquitted. i'm betting a trump impeachment will play out the same way so is wall street. that's why the market could get into the impeachment inquiry regardless of how you feel about the actual investigation, trump is in much better shape than clinton because his party controls the senate and this probably doesn't need to be said but i'll make it explicit anyway you need a 2-thirds majority to remove a president from office 20 republican senators would have to switch sides and that seems unimaginable to me i'd be surprised if there's more than one or two republicans that vote to convict. at the end of the day, impeachment is a political process and when you look at the political dynamics, it's pretty obvious trump will be acquitted. i'm not saying it's a nothing

burger it's an impeachment trial. but the outcome is a bit of a forgone conclusion people. that's what he cares about he cares about the certainty something can be momentum and news worthy without being, you know, important to the market. i said over and over that as far as wall street is concerned impeachment is a side show it's just not that relevant. you may want it to be but it's not. when the house launched it's impeachment inquiry in late september i pointed out that you should use any washington driven weakness as a buying on tpportuy because that's what worked during the clinton impeachment process. the averages got hammered when they launched the probe into clinton. that turned out to be a fabulous buying opportunity between the judiciary committee's recommendation and the full vote to impeach ten weeks later, they searched 15% nasdaq skyrocketed 39% although i should point out that we got a major boost from the fed in october of 1998. remember, even then, the fed, the fed, the fed

the lesson here is pretty straightforward. if you let the impeachment inquiry scare you out of the market in 1998, you just got frightened, okay >> sell, sell, sell. >> you missed some huge gains as the stock market just kept on trucking even if the games aren't quite as extreme this time around. if you sold everything september 24th and the impeachment inquiry. i got the kick me sign for you you're kicking yourself now. the trial and the senate let's get that clinton play book out again. what does he tell us if you pressumeasure from the de house voted to impeach, kind of like this vote that we're taking that we're waiting for, the day they voted to impeach clinton, whoa, let's take a little bit of

this less than two months later the dow rallied 2.2% nasdaq zoomed 8.6% we take it from this day, a buying opportunity all told from the beginning of the impeachment inquiry the averages gave an incredible run. the dow surged 21% s&p is up 26%. the nasdaq was up 56%. so let's just say the buyers have history on their side after we got the clinton impeachment over, we have a glorious year for the stock market really fabulous. kind of left out the right shoulder there the dow finished up 25% for 1999 s&p gained 19% nasdaq rocketed 85%. but that was it. impeachment was irrelevant you had to use any weakness to buy and then to buy and then to buy. beyond the history there's an even more important reason why it doesn't matter. while the impeachment headlines

might dominate the front page, they don't make it to the business section why should they? back at my old hedge fund, i like this one. back at my old hedgefund whenever someone would bring up something ripped from the headlines that sounded daunting but had nothing to do with business i'd always say what does that matter to the price to earnings ratio of bristol meyers it still rings true. bristol meyers valuation is determined by what you're willing to pay for its future earnings the clinton impeachment had zero impact on the future earnings. the trump impeachment would play out the same way now there's always some and argue that this should play a role like it's inflation or gdp growth or federal funds rate but the simple fact is its not there's no reason stocks should go down just because the president gets real bad publicity. whatever you think of the

ukraine thing, right we got a pretty strong economy going here lower interest rates nothing happening in washington right now is going to change that so forgive me if i emphasize it again but the impeachment and trial of president trump has nothing to do with the price to earnings ratio or bristol meyers or any other stock for that matter finally, you have the argument i have been coming back to for ages you have to own stocks because what the heck else are you supposed to own? what the heck else are you supposed to do with your money are you going to call your broker and say here's what i want to do i want to swap out all of my stocks and go into beyonds which yield almost nothing president trump won't be convicted in the senate. doesn't sound that rational to me now if you stick with what roared back during the clinton impeachment with the stocks that could lead us higher now because you know my mantra, there's always a bull market somewhere and the bottom line is right now there's a ton of bull markets. that's right it may not be classy but i'm here to help you profit from these impeachment proceedings

because you know what, the show isn't mad politics it's mad money and on mad money we never stop nthuing for the next bull market for you stick with cramer. apps are used everywhere... except work. why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports.

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>> history doesn't repeat itself but it often rhymes. it's really pretty astonishing how much of what was working then is also working now back in the 90s, the late great mark hanes, an amazing host for cnbc used to call me reverend jim bob from the church of what's happening now i loved the name but what was working in 1999 turned out to work for a lot longer than anyone expected even if the

dot com crash temporarily reduced some of the games. let's see if they can give us any insight into how to handle the trump impeachment proceedings. the best in the dow jones average wasn't in the index back then but it sure is now. care to guess? i think i replaced my app with my peach here it is apple. up 100 -- someone gave me a new shiny one. up 151% for the year of the last senate trial of a senate president. isn't that incredible? this was the beginning of a much larger run lead by steve jobs after his return in '97. it works now own apple, don't trade it, please cisco was at the center of the internet boom. they were considered to be the backbone of the entire build out

but cisco flew way too close to the sun back then. rallied 130% and then soon fell back to earth plummeting to the single digits as it's clients went belly up, 1999. it just kept going and going and going. even today the stock still hasn't fully recovered the amazing thing is that cisco survived frankly at all. now you're getting one of the best buying opportunities because ceo chuck robbins -- ceo chuck robbins, he incredibly reinvents the company making cisco more of a software of internet of things play with a portfolio. that's for the enterprise. it's not now back in 1999, interest rates were much higher not now though which is why s cisco's yield is so enticing to me their best performer was wall street the the fact that it's only up 70%

in 1999 gave you a terrific entry point. walmart was horrendously overvalued back then verses the fancy pants retailers where most of the rich analysts shop. but i'll take that any day of the week or any day in the last 20 years you know how facebook and alphabet are facing all sorts of investigations right now back then we had a software clause in the midst of the mother of all federal investigations the united states versus microsoft. an anti-trust horror show that many thought would crush the company. although it still managed to rally 68% in 1999. remember everything was going nuts in that period. the anti-trust case turned out to be a buying opportunity but only long-term as microsoft fell when the dot bubble burst. i still like it here in the 150s they did such a remarkable job the regulators, they know what got these guys in the cross hairs. also rallied 58% that year that was on the way to national

domination the recession caused the stock to get slammed it took a decade to recover. i still think it's roughly 20 points off it's high 2.5% yield now the company just stumbled because of lower guidance but i predict that will be a blip over the long haul even as i was quite upset about it to tell you the truth. sometimes you get this moment where it shines so brightly that it dominates not just the nasdaq 100 but also the s&p 500 and in the period after the clinton impeachment was one of those the leader, qualcomm, which rallied an astonishing -- you had to lift through it it was up 2,619% in 1999 that's what a run looks like this stock fell to 7 not long after that it took about 20 years to get back to that qualcomm has always been a creature of improving cell phone

technology and now it's 5-g that beckons. it's selling for 14 times earnings this makes no sense to me. i think the stock should be much higher especially after that terrific quarter that moo, which of course is micron just reported this evening s&p's second best performer in 1999 was 1,192% which made p perfekt sense because it was a domain name gold rush back then. they reinvented themselves and close to 260 in 2000 and crashed to the single digits after the collapse but it stayed in business even if it took the stock 20 years to recover to those levels let me give you another one. lamb research, up more than 500% i like the semi-conductor capital equipment maker when i was a hedge fund manager and i like it again now even as it's

up to 100% one of the best performers what is the secret sauce here? it's one reason that it never really got crushed during the.com collapse it's actually got more room to run here even as it's only a few points from the high how can you not wait for at least a tad of a bull back the rest of the winners in 1999 still kicking, nasdaq 100 number four, checkpoint software, a version of cyber security that i'm okay with. number five, biogen. taking a flyer there with that one. i prefer other drug stocks because of the binary nature of the company's prospects. let's end with a curious oddity. this morning my colleague talked about how dish network is trying to buy some assets that need to be divested before sprint and t-mobile can get regulatory federal rates or approval to emerge dish wants to build out a network that could cost billions of dollars he has 10 billion in financing

lined up to make it happen back in 1999, dish was a great growth company and stock was up 106% but like so many other it crashed back to earth in 2000. it took 14 years to rebound to its highs. me, i'd rather own att and have good growth even if the sprint deal gets blocked by various states attorney general. we keep thinking about how hard it is to it is hard many of those winners from 1999 collapsed soon after the post impeachment rally but the bottom line, the company that survived is a buying opportunity, did you need to be patient not at all and impeachment or no impeachment that lesson still holds true today when i first started investing

i bought it about a year and a half ago and what i thought was unfortunately it continues to take down and it's been on a big run for the last three months and i'm curious if you think it's going to go a little bit higher or if it's just my time to get out and put my money somewhere else. >> i ambuhlish ever since the fed cut rates. uri is a play on the u.s. economy. does have some oil exposure that i'm not crazy about. i think that you're fine but i'd take some off the table. you had a gigantic run bulls make money, bears make money. alex in jersey, alex. >> hey, how is it going, jim. >> not bad, alex, how about you? >> i'm doing good. thank you for asking i want to get your opinion on something if you have a minute. >> sure. >> so the stock, it's earnings are coming out tomorrow right and with two failed mergers, stores closing and amazon getting into the face now, the

pharmaceutical space, is rite-aid worth looking at or cvs or walgreens. >> no, no, maybe i'm not definitive enough. how about absolutely no. how about absolutely no. cvs is much better walgreens doesn't really have it together my charitable trust owns cvs you can learn all about it stuck at 73 right now. give it reasonable you still have another 12 or 13 points to go so let's buy cvs i'm going to throw in cbs. viacom cbs that's a two-fer let's go to steve. i was the way, dak prescott. maybe, maybe not steve in south dakota, steve. >> yes, you're right you guys got a great tight end from here. so with pfizer, barons just posted something a few days ago.

they were talking about their top ten stocks from 2020 and they named pfizer as one of them and they also just increased their dividend it's about a 3-8 now and my only concern is you have seen other big pharmas. their stocks depreciate quite a bit lately where pfizer is stuck in the sand. what do you think about pfizer going forward? >> that's pfizer that is what pfizer is, steve. it is slow, it's steady but it does win some races. not all. i'm okay with pfizer because of the yield. i'm okay with pfizer not crazy about it but okay with it i like others more i'm going to mike in oregon. mike >> booyah. go ducks. >> i like the ducks. >> i have a concern about lockheed martin. >> why >> i worked for lockheed for 34 years. been buying it since i was 25.

loaded up inconsistently it keeps overwhelming my portfolio and now i'm 66 and retired and again it is overwhelming my portfolio and my money manager is saying what do you want to do i'm at 42% and i'm debating whether i should trim back. >> when you told me that number i'm going to have to side with your money manager it's not really side i work closely with everybody. that is a little bit too much. particularly at your age which by the way i regard as very young and think you should come out of retirement so i don't feel so bad. but i do think that lockheed martin is a very good stock. you worked at a great company. congratulations but you own too much of it versus the rest of your portfolio history often rhymes stay patient now much more "mad money" including an update on where we are in the impeachment process with cnbc's own aman javers.

that wasn't the only story that dominated the market today i'm breaking down fedex's latest earnings telling you where to go from here and rapid fire in tonight's edition of the lightning round so stay with cramer this is a historic moment.

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impeachment isn't important to the stock market but it's still a very, very big deal. that's why we need to get a better sense of what's happening with cnbc's white house reporter it's something to see you on the show welcome to "mad money". >> thanks for having me on i want to tell you about larry kudlow he was just talking to a couple of us in the briefing room here and i asked him if this impeachment situation is going to play a role in the trade negotiations the chinese look at this and say wait a second. let's back off, let's not negotiate and what does that mean for phase two larry as always was optimistic about where this white house is

in the trade negotiations but he said something interesting henry kisinger had been here about two fridays ago briefing white house folks on his meetings one-on-one with xi jingping in china in beijing he then came here to the white house to brief white house officials on the contents of the conversation i asked kudlow does that mean that he is playing a back channel role in these trade negotiations and he said well i don't want to give you the family jewels so he didn't confirm it but he seemed to indicate that at least he is going back and forth between beijing and washington and speaking to principles on both sides i thought that was interesting in the politics of this geo political battle and the fact that kudlow is saying he doesn't think impeachment hurts the trade negotiations. >> this is more than interesting. secretary kisinger is a

globalist. he's the person that i think most of when i think of opening door with china. he is the opposite, say of peter navaro how do you get him that high level making those talks and still maintain a tough stance on china. >> maybe that's back channel you send somebody to beijing who you think the beijing government respects he is enormously well respected in beijing because of the role he played in the nixon administration as you point out in the opening of china. he has enormous credibility there and the white house can leverage that by ending tsendin messages back and forth. he took down everything about what he told him and passed all of that to a memo. he also said that xi jingping told henry kisinger he'd rather deal with donald trump than any of the democratic candidates take that for what it's worth. maybe that's just happy talk but

he told kudlow that he would rather deal with donald trump because trump's not so focused on the human rights issues as a lot of the democratic candidates will be and so therefore it's easier to talk to him because he sees him as a man of business. >> i have been thinking about not just human rights but climate control as china is going way back on the coal train again and i know that senator warren is a very serious protector or stake holder of the earth. when he sees the field, these are people that have issues with labor and issues with human rights and issues with the planet trump doesn't really share a lot of those attributes. >> put yourself in xi jingping's

shoes. he is negotiating and has huge implications for his country but also the president and his re-election effort xi jingping is in a position to grant donald trump a trade deal or not in an election year how does he weigh all of those factors? does he really want donald trump to be reelected or was he just saying that to be nice to a guy that was here on behalf of the trump white house and how does he try to make that happen in an era in which we're spending so much time focussing on foreign governments and their interests in u.s. elections, that's another wrinkle to consider from the beijing perspective. >> one last question, there was a fabulous campaign a long time ago for a stock that i like, wendy's, where's the beef. i have to ask you, where's the pork where is the big pork buy given the fact that the african swine flu decimated all the backyard pork farms in china. >> i don't know about pork farms in china but there's going to be

some horse trading here and you can imagine some goodies are going to change hands here in washington d.c. >> it's a joy to have you on the show your perspective is incredible work ethic unbelievable. make us all smarter. ne. k you for being on "mad moy" >> nobody works harder than you jim. >> please. mad money is back after the break. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life.

>> it is time. and then the lightning round is over. the lightning round. my dad got arrested so turned me on to your show and i have been watching it faithfully and he left some stock. >> got a good yield but my problem is is that it -- i don't know what your basis is and what you'll have to do with tax

that's up to your accountant and i'm glad that your dad loved the show and you do but i prefer at&t and i think it's less risky. how about we go to greg in florida. greg. >> booyah, jimmy it's time to write another book, jimmy. >> yeah, i guess so. you know, you do the audio book, it takes forever my wife got very angry at me last time. go ahead. >> my stock is taiwan semiconductor. >> i like it but i'm going to see you and raise you with nvidia let's go to carl in new york, carl >> hi, jim i just took profits in mktx after that long run. are you still liking the company. >> yeah. i still do honestly i think that stock is a very, very good stock. a great business model rick come back i mean, i've seen chrissy more than i've seen you

let's go to doug. >> how are you doing, jim? >> couldn't be better. how about you? >> i want to say booyah and happy holidays to you and your family and everybody in production. >> right back at you what's up? >> i still stand by it i still stand by it. like to have more used cars than new cars sold and that's why it's not roaring but i like it let's go to raj in minnesota >> hey, jim, booyah. >> booyah. >> i would like to know when is a good time to buy microsoft. >> i think that satya nadella is doing such a good job. he was going to do certain benchmarks that i thought to be too high for his cloud business, he blew right through them he's good to go. let's go to mark in indiana. mark >> hey, jim, thanks for taking my call.

a big booyah to you. i want to get your thoughts on grub hub. >> my friend, that space is too competitive. got that door dash going against them and shooting against them i'm not going to have some when i know that door dash wants to eat their lunch. harrison in georgia. harrison. >> hey, cramer booyah from atlanta. long time listener, first time caller, i want to give a big shout out to my dad that turned me on to you long ago. i'm looking for your thoughts. >> interesting interesting 5-g. interesting. let's look at it like this let's say that we are drafting a plan would you not take julio before or after nelson agular and that, ladies and gentlemen, that is the conclusion of the lightning round. >> the lightning round is sponsored by t.d. ameritrade

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>> the impeachment of the president of the united states may be a huge story. we all kind of know how it's going to play out. in other words, i'm much more concerned with generally new developments that could shake things up like what we heard from fedex last night. very disturbing. the shipping company reported a substantial profit but it was still much lower than expected

2,051 cents per share. that's a bad miss. then fedex slashed it's full year forecast from $11 to $13 range down to 1025 to 1150 hugely disappointing and that's why the stock got clocked today. plunging more than $16, 10%me, u given how many things are going wrong for fedex it's incredible to me that they're making any money at all for starters, management completely misjudged the amount of business they do on cyber monday they have 37.8 million packages when they only planned for 33 million. you might think having way too many business is a high quality problem but not in the shipping industry it's hard to make money when you're forecasting that poorly second fedex was banking on an increase in world trade. i don't know where they're getting those wishful thinking as the trade war with china is weighing on global commerce and that's exactly what happened this quarter third fedex made a huge

acquisition in europe buying t and t express in 2015. it's still not integrated well that's truly suboptimal and you have something else that could put a damper on european commerce fourth, they have a very fraught relationship with amazon which you could argue used to be the most important client. fedex has disputes over the cost of freight and amazon actually cut them off from 3rd party shipments a week before christmas. wow. the money, that's the money week they stated that fedex is just too -- they do it too slowly. >> the house of pain. >> grinch alert. amazon has gone from a large client to a vicious competitor that bad mouths them from doing a good job they had the saturday and sunday delivery their staff of 490,000 workers is bloated and worst of all management doesn't think they could make cuts because it will

hurt morale. it's such a mess that even though fedex disappointed i'm stunned they made as much money as they did. now i don't know how to fix fedex. i'm not in that game but i do have suggestions first i would stop doing what cfo alan graph did on the call which is predict the bottom when there's no bottom in sight they need to start being more realistic. stop calling bottoms second they should stop giving guidance entirely when you don't know what's happening. when you're overrun by events it's better to remain silent and be thought a fool than to speak and remove all doubt finally, fedex needs to stop trying to stay highly profitable and spend the money they need to be competitive they need to take the hit and if that means bringing in new management, so be it look, fedex keeps messing up but this company is not a disgrace this real disgrace is that management keeps delivering they've got it right when in reality they're dead wrong

stop the guidance and take the time to figure it all out. ocbebltootnly then will fedex stk ae btom. stick with cramer. apple card. is a new kind of credit card, created by apple, so it's simple and transparent with a new level of privacy and security. it lives here and here- on your iphone, and it will save you 6% on holiday gifts at apple; like iphone, apple watch, airpods pro and so much more. ♪ apply in as little as a minute, right in the wallet app.

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>> listen, i don't know how to juggle but you don't need to know how to juggle that's because washington is over here and wall street is over here and they don't really meet and that's why i'm urging you to stay calm we are overbought. we're plus 5 on the ocillator that i follow. we don't do any buying and don't be bummed out. micro gave you good news tonight so the semis should do rallying tomorrow those people work so hard down there. they don't get enough credit they get up in the morning and go to bed. what kind of job is that they do it fabulously.

there's always a bull market somewhere and i promise to try to find it for you right here on "mad money." i'm jim cramer and i'll see you tomorrow narrator: it's been 10 years since "shark tank" ignited america's entrepreneurial spirit, and we're still blazing a trail for those who take their fate into their own hands. and tonight, jamie siminoff, the founder of video-security phenomenon ring, which sold to amazon for over $1 billion, is the first "shark tank" entrepreneur to return to the tank as a shark. you're talking to a bunch of sharks that don't remember what it's like to be little. oh, you're so full of [bleep] -kevin, i love you! -what? i didn't come here today to fight you about my valuation. stop, because it's not going to become an overnight success 'cause nothing does. -ruh-roh. this is our first date, and you're very defensive. [ high-pitched voice ] i'm offering you $600,000. [ laughs ]