gold in theory should be going lower. i'm looking at gdx, the gold miners you could wait a little bit here, wait until it recaptured the 100 day. gdx should outperform the metal. >> guy >> we talked about the hospitals on 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 my job is not just to entertain but educate, teach, put it in context so-call me at 1800-743-cnbc or tweet m me @jimcramer. days like this, i know, i know, they are discouraging.

dow plunging 525 points. s&p plummeting 2.37% nasdaq nosediving 3.02%. i got to tell you, i think this decline is healthy this market needed a beatdown if only a learning experience for people who thought it was too easy when the market is roaring, a lot of investors seem to forget the most fundamental rule, buy low, sell high they want to buy high and sell higher the problem with that strategy is when stocks go down, they go down hard. you tend to lose money faster than you make it rather than being panicked by the sell off you in a very proverse way should be cheering for it we needed this why? because we needed to break the nasty pattern of 1999 to 2000 so

many people refer to during the run the leaders never took a breather. they kept charging higher and higher until the market peaked when they collapsed. millions of investors led to the slaughter house. i began to wonder we might be doomed to repeat the mistakes of the.com era. the markets led by a hand full of tech companies bushing a digital revolution like the.com revolution 20 years ago and we're being flooded. you know that with ipos and existing stocks like back then you have to sell existing to buy the new stuff. of course, these days our tech leaders are real companies with excellent earnings just like 1999 a lot of the recent move was multiple expansion. people paying more money for the same set of earnings or sales.

at a certain point, though, multiple expansion is the greater fool theory meaning people are buying them after a big run in the hope some other doofis will pay more than they did in the future. it gets worse. lately we've attracted an enormous cohort of investors, which, by the way is fabulous. because there isn't a huge selling squall in ages, a lot of these new ones bought high and never sold anything. zoom is up and tesla up 355% these are gigantic moves once in a lifetime you have to expect some part of them will be repealed. they are not natural when zoom reported a great quarter this month, the stock plunged 100 points before rebounding to new highs and even in the midst of a major tech sell off, it made another new high that's unrealistic some profit taking might be in order too reminiscent of t the .com era there are major differences. we may have a lot of ipos but

most are high quality companies with astounding revenue growth with a season hand at the top of it frank from service now or even genuine earnings like good rx that came public today, more on that later most of the ipos from 2020 have genuine staying power. their stocks are too expensive nothing like 20 years ago. only a hand full of the 330.comes that became public made it to 2002. i know, i ran one and i watched them collapse left and right because they had no real business at least mine got out alive. the collapse of the.com bubble was caused not by ipos but ipo aftershocks. there is a six-month lockup on insider selling after the deal and when those lockups expire, executives sold left and right because they knew their companies didn't deserve sky high evaluations and knew the companies were jokes and not even any sales the parallels too close to comfort which is why i'm relieved by the sell off

don't get mad at me. the market needed to cool off. if you took my advice and had cash on the sidelines, you can do buying at lower levels. we didn't see anything for action alerts today. we didn't. we went lower. but here is what we're watching right now. there are two buckets of stocks i find intriguing. first, you got the falling stars. as of today apple is down 22% from the highs something the red hot stocks of 1999 never did at least not in the collapse that seems like a level where some real buyers will start coming in. it's now at 107. on monday it went as low as 103 before rebounding. let's say that's the floor down 25% give or take a couple percentage listen, if it goes to 100, here is where i want you to go. go to twitter and assassinate me okay i gave you a little -- by the way, anything that is not as bad as that i'll regard that as being terrific let's play this out. amazon this peaked at 3,550 where would the decline take

you? down 300, 400 points due to amazon being up, that seems like a reasonable level to start buying same back of the envelope tells me microsoft at 200 becomes attractive around 180, 175 but considering the stock is only up 27% for the year, it might bottom sooner. we're trying to figure out for the trust ourselves what they tell people. now, alphabet is the toughest because it's facing an anti trust inquiry and the stock is terrible up 5% for the year but a good company it's trading at 31.8 earnings, not sales but a ton of cash to back out terrific growth. if it keeps falling, i think you buy it see what i'm saying? if you're in the same analysis in 1999 there was no price where anything could be bought because it was merely surfing momentum take that away and it crashed hard down 30, down 40. no reason, no grounding. how about the second bucket? these are ones for people that want to sleep at night there is agagenuine carnage thas

been done rolling and dripping pepsi colora pepsi is an excellent company and tremendous balance sheet and pulled back 11% to the point the stock yields more than 3%. snack more at home and you know what people say. general mills reported a great quarter and raised the dividend to 3.5%. it came down from 66 to 57 people didn't like the quarter the quarter is fine. they raised the dividend they weren't supported to do that for another couple quarters we had the ceo on that told a compelling story how about j and j? quality defense sieve name and keeps getting blasted but bounced on news it's starting a gigantic vaccine trial against covid. these stocks represent real value. you can buy some tomorrow and buy more if they go lower. those you do in stage down they have the added advantage of not having hot money whatsoever so your fellow shareholders aren't going to panic and dump the stocks as they go lower. one more key difference versus

1999 we had weeks where some sectors roll over aggressively like pepsi, general mills and unlike back then, bonds are giving you next to no yield and the fed chairman just told us that we can expect that to continue possibly for years. if you want income, well, here you go okay these are like bonds that also have the ability to grow i like to think of it as two great tastes that taste great together not bad. the market could be pull va rised and stocks don't always go up larry williams told you the end of september will be no pick for the bulls. i recommend the stocks i mentioned weakness because they work even if covid cases keep

spiking and the economy slows down the bottom line, i expect this market to stay volatile with the downside until more of those overly bullish investors throw in any cow they may be holding we can't know when they will be done selling that's impossible. we do know when it makes sense to buy in the weakness, high flyers work down 25% and the feds work when they yield north of three you have to be patient into the merck. gregory in florida, gregory? >> caller: big boo-yah to you. >> what's going on >> caller: my question is about an airline i know you breach barbell and sticking with the best. >> right. >> caller: this airline are keeping middle seats open until november and presented a modest improvement in bookings but the ceo doesn't sound enthusiastic

do i add enough hold or sell shares >> that's gary kelly i interviewed this morning on squawk on the street i've known gary forever. i detected the gary was too negative today but i don't run the airline. gary does. and he made me feel like please don't be so bullish here, jim, the airlines are in trouble. if you have to own an airline, do that but i wouldn't buy it north of $32 let's go to brian in colorado, please, brian? >> caller: professor cramer with the election, the affordable care act trending, is united health care 10% down to the buying opportunity for long-term investors and can the diversification and growth of the division continue to surprise to the upside post election >> my friend this morning on halftime with scott said this is the right level. i've been watching down 324 down to 292 i prefer to go a little lower

because it's such a mean political season but unh is a good company that's a good place to start let's go to charles in texas, charles? >> caller: hi, jim, i'm a first-time caller and action alerts plus member. >> yeah, you know, i was actually after hermann miller, all right, which you know i like because the air on share, i thought there was a chance that steel case could report a better than expected quarter. i didn't tell you that though, why? nay have had -- they are -- jimmy chill says that they're not doing that great a job that's what people say, right? everyone else says stuff like that it comes hard for me to say that because i want to say how i really feel but jimmy chill says not doing that well. i know today is discouraging but there will be opportunities to buy into the weakness but it pays to be patient what's the hurry on "mad money" tonight a company

leading the fight against high prescription drug costs and just came public but is good rx worth considering after the first incredible day of trading? the former trouble and nike shares hit an all-time today with online sales and just did it and google just upped the ante in the escalating cloud competition. now see major partisanship i'm going to go and speak to the ceo and find out what that is about. stay with cramer >> announcer: don't miss a second of "mad money." have a question, tweet cramer. #madtweets, send game an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. this is decision tech.

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after taking a couple of glorious days off, the i prks oro deluge is back bentley systems and good rx. the nasdaq got hammered like during last week's offering. they are entangled with each other. take that from me, please. you don't hear it from others. it matters i get cautious in the middle of an ipo boom. the surest fire way to kill a bull market is to flood it with new stock. remember, this is a market especially stocks in high quality companies that many investors find enticing so they have to sell something else to buy. we weren't getting so many deals go to a huge premium but on the other hand, i like stocks a lot. i only wish they pull back to

more reasonable levels, which is my job to tell you what is reasonable i want you to take good rx, my favorite of today's big debuts this is a company on multiple times on this show i'm not just an interviewer, i am a sat 'tisfied customer. good rx got it's start as a comparison tool and tell you the cheapest place to buy medication with an app. usually it's costco, of course, not always good rx evolved with no more comprehensive digital platform and gone beyond drugs with tell medicine platform, hey, doctor or set up a digital doctor's visit so you don't catch covid sitting in the doctors waiting room it a great story with fabulous financials so of course, the deal is red hot. i just get down about it because on a day like today where the market is horrible, i don't like to see this. it shouldn't have been this strong initially the market 24 to 28

and actually priced at 33 last night because there was so much demand the stock gave you a monster gain right out of the gate when it opened at $46 and ran to $50 at the close is this another ipo that immediately got too expensive? you have to remember that good rx has excellent financials and part of an industry called the digital health space growing like a weed and one of the few companies in the entire health care sector working to drive costs down for consumers and without being inconvenienced good rx is unique. nobody else does this. they have enough mind share to protect against competition. before we can know if good rx is worth buying at the stock price of 50, we need to figure out what the right price would be. we have to understand what we're paying for whatever your political persuasion, i think most of us can agree the system is a nightmare. 20 octo 30% of prescriptions ar left at the counter because they can't afford to pay and that's messed up. by the way, you know it's bad

when both donald trump and joe biden relentlessly bash the sky high drug prices it one thing they can agree on it's silly to blame big pharma if they want to make them cheaper, they can pass laws tomorrow democrats are afraid to govern the only help you're going to get is from good rx and other companies like it. the bizarre thing is a drug might cost $100 at your local cvs but $20 at your local costco and maybe a sale at walgreens to make it cheaper. you wouldn't know unless you got an the phone with all three pharmacies and that's where good rx comes in. their app has over 150 billion prescription pricing data points to find the best deals for you they are accepted at every retail pharmacy in the united states and the company collect as fee from the partners the pharmacy benefit managers

that exist to save your insurance provider money on medicine if you use good rx once, you can definitely keep taking advantage of the discounts every time you fill the prescription, which means you can continue saving money and continue taking a tiny cut of each transaction. tens of millions have chronic conditions that require them to get refills every month. that's a nice base of reoccurring revenue and a paid subscription offering good rx gold to save you more money for $5.99 a month or $9.99 for your family and a huge digital audience they like to advertised on various discount programs the vast bulk of the people about this business is really about saving people money on drugs. and for that, no one else comes near them which is why there is so much excitement that's how you can have an ipo and 33 goes out of 5050. not only is good rx the rivalled leader with 5 million monthly average leaders but a trusted brand beloved by consumers

i use it myself for a chronic condition. they have $20 billion. so with 20 -- with a b they only just got started they saved me $50,000 last year. best of all, good rx has incredible numbers 48% revenue growth in the first half of the year holding steady since 2016 they had a compound annual growth rate of 57%. maybe that's not as impressive as snow flake with the triple d digit growth the company is turning a profit. they made 55 million in the first half up from 31 million the same period of 2019. we're talking 77% earnings growth not just sales growth. that's a massive acceleration from last year's 50% clip. a lot to like. the only thing better is turbo charged earnings growth which good rx has. good rx is the most downloaded app for the last three years running. the only fly in the oinment, the user count dipped in the third because lots of people stopped going to the doctor, which makes it harder to get prescription.

i bet those numbers have turned around here since a lot of people desperately need to save money on medication right now. okay, so what's wrong? it's the price like all the other recent red hots, this one is expensive. at these levels the company has a $19 billion market capization that means it's roughly selling for roughly 30 times sales not earnings, sales. it makes it cheaper than the revenue growth good rx is profitable which changes the game if we assume the company can keep growing rapidly, you can argue it's trading at 60 times what could make it to 2022 but still pri scey. after talking to the co-ceo i'm willing to pay up for this one the value proposition is incredible and i bet they can

deliver spectacular numbers. the largest venture capital investors actually bought, bought $100 million worth of stock. usually these guys want to cash out when a company goes public but this time they upped the position bottom line, i think you can nibble at good rx tomorrow if we have to pull back. i would like it to come back to the 30s ideally, down more than $10 and that's not unrealistic when you see how horrible the market is. look, things have gotten very tough in the last three weeks. i say good rx, why not be patient? stick with cramer. incomparable design

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yet another very ugly september day. not a good month you know what managed to defy the gravitational pull of the averages nike yet nike was up 8.8% the best performance in the s&p 500 and dow jones. yet, the sneaker and athletic apparel kingpin saw the stock jump to a new all-time high in the wake of a spectacular quarter. the most impressive part, they enjoyed numbers in the middle of a horrific pandemic at a time so many retailers carry the merchandise, total disarray. a lot clothes. we bought nike for the travel trust two weeks ago and followed moves by the actionalertsplus.com

these numbers made me look like a genius for a couple minutes. seriously, this was the kind of quarter that takes your breath away they delivered 10.9 billion in sales and 9 billion. that's stunning. 95 cents per share more than double the 47 cent number and the commentary in the conference call was somehow better than the numbers so you know this stock market had been up 200 to 300, this stock would have been at 137, maybe 140 to really get your head around this quarter, you need to understand the setup i tell you that we don't care where a stock has been we only care where it's going and nike is a textbook example two weeks ago the stock traded at an all-time high and it got slammed by the covid crash, it came roaring back. we decided to buy it for the travel trust anyway as the stock had dollars analysts were hedging to the bets and worried about maintenance in the aunited

states and not china it was certainly not the right time hey, everything is going bad let's buy $250 jordans but i've been a huge fan of nike for ages when it comes to the travel trust we figured the covid-19 economy might be good for business before the virus, nike was all about digital. they have been trying to transform in a direct to consumer business model. the margins are higher when they cut out the middleman by selling you shoes or shorts or shirts over the web, right now, everybody in retail is trying to get digital to survive the internet i would say to play defense. nike was on offense before covid on average when you sell a pair of shoes online, it generates twice the revenue they get from a whole sale transaction with gross margins. that's what this move is about that's about gross margin expansion and better revenues from direct to consumer. a year ago nike brought in a

tech guy yeah, john donohue was formally of service now which is a cloud kingpin. he understands the digital transition better than most people certainly anybody in apparel and from the moment he took over, he put it into over drive. the last time nike reported in june, they went into great detail with a new initiative called consumer direct acceleration they're trying to build a great digital marketplace to give individual shoppers what they want management talked about 30% digital penetration and 50% digital penetration longer term. in other words, nike is using the web to steal market share. they are cannibalizing it. nike makes more money if you buy the shoes from them rather than footlocker this is juicy. as the stock makes new highs, we bounce for the trust as we take profits in the high flying tech stocks that i told you over and over again had gotten too hot and i want you trimmed

what made it confident some analysts hedged bets, we got channel checks that talked about descent numbers in north america and real strength there greater china and put nike on the best with $150 price target very smart call. both analysts who had things most of all, i figured nike could be a covid winner because it benefits from digitization. the stocks belong to companies that do better in a pandemic and nike is no different we know the chinese economy and the great outdoors theme and we seen incredible numbers from every business related to hiking and camping because it the only way to safely go on vacation i told you to buy nike before the quarter but even i didn't expect the company's sells were flat on the basis they had strength in the digital cancellation of the weakness translate into 10% earnings

growth, the monster 48% beat and basis, their best market china up 8%. the rest of the world was much, much better than feared. on top of that, the company gave insanely verbal bullish guidance talking about a high single d digit to low double digit growth and big improvement obviously for 5% the only fly in the ointment, their supply constain because they didn they didn't expect the level of demand if you thought the numbers were amazing, the call was out of this world the ceo who is so good and been on the show many times, made it crystal clear covid makes it a winner we can survive thanks to the digital advantage and the full breathe of our global portfolio. he goes on quote, there are three structural tail winds to play to nike's advantage the consumer shift to digital is here to stay and include all false sets of health, wellness and fitness and the deeply

connected authentic brands with scale that will win. end quote. as nike sees it, the pandemic is showing us the future of retail business up 83%. that's an acceleration versus the previous quarter as the retail distributors reopen and the growing echo system of apps and better infrastructure to keep track of the inventory. put it together and the story is too good to ignore as i said on the halftime report today. you know what? i think it's still a buy look, it was trading at just where i get my levels. it was trading about 134, 135 when things look tempid for the markets. here is the bottom line, i know nike made a new all-time high but changed dramatically today after the numbers, you'll miss fabulous moves and the next time you see a retailer distributing the merchandise doing badly, they are not just whole sale customers but competitors and

they might be in rough shape because nike's digital business is eating their lunch. let's go to jeff in massachusetts, jeff? >> caller: jim, how are you, sir? >> i am good, how about you, jeff >> caller: listen, i'm calling about capri holdings they beat expectations this past quarter. the thing is not moving. it's stagnant around $20. >> i read two positive analysts notes in the last two weeks about how it's time. i am not a believer that it's time i think it will be time when the company comes on and tells me it's time and they sure haven't done that. how about ben in georgia, please, ben? >> caller: hey, jim. thanks so much for taking my call. >> sure, ben >> caller: i'm an investor in starbucks. what is your view on the stock considering the global situation at the present time? >> all right starbucks is doing some remarkable things and creating new stores that will make it so their lines are shorter in an era of covid i like what they are doing in

china. i think kevin johnson is doing a terrific job in an up stock. it's been going up since it broke 60, not that long ago and i think it's classic buyable on dip stock. that's starbucks and i like it very much. okay nike just do it. much more "mad money" ahead including my sit down with animal planet. i'm talking the tale of expectations and comparing tesla to nike and your calls, rapid fire in tonight's edition of the lightning round so stay with cramer

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the cloud stocks, i highlight one called anaplanet. compares to the rest of the nasdaq, it got dinged today one of the less obvious pandemic plays. the business does financial planning and analysis where you make a forecast and revisit it again and again and again as you get more data, which is something having run a company is the holy grail. we found out when they reported a true blowout quarter, phenomenal guidance. this is a ridiculously uncertain

environment so when the financial planning guys make the forecast they need all the help they can get no wonder the stock roared in response let's check in with the bankable chairman and ceo to get a better sense how the company managed to thrive welcome back to "mad money". >> great to be back. >> i got to tell you, having run a company and started companies, i was always trying to figure out how to have an accurate forecast rather than a rosie forecast how does anaplan know and help the ceos themselves and the board figure out what is going on in their company? >> so jim, i think all companies have been through a lot over the last eight months with covid and i think from a planning perspective, it's really proven to organizations the importance of resiliency. you know, there is so much change and how that affects your business is extremely important and being able to respond

accordingly is equally as important. what we seen over the last eight months is that companies are looking for more agility and really kind of looking at how their business is performing and how their business will perform and more reflective of the future rather than the past. and that's where anaplan comes into play working with them to really kind of provide that agility and how they can work on their business and also, the alignment from a financial perspective but aligning finance throughout the operations to respond to changes in their supply chain, changes in their human capital, changes in their sales organizations so they can again, adapt to the environment. >> all right let's talk about that. let's talk about changes in the supply chain one of you say you believe you're the leader in the cosmetics verticals. in the spirits business which i play in, there is lots of supply everything from mexico not wanting to have the beer to a

problem with no glass. you have to go to china or colombia how can anaplan take those inputs and make it so the ceo can make good choices? >> when you think about spirits ocho r or a grocery perspective planning around their stock of the right types of growths, having more intelligence around what's happening in the environment is critical. and one of the things that anaplan does and we announced an enhancement, we bring more intelligence so not only internal information but information that's coming from your surroundings, your demand, what is going on in the market, what is happening with the overall population of your consumers. bringing that into your forecasting allows you to get more accuracy so that you can then predict better about how best you need to respond and then have the right goods in the

case of spirits or in the case of groceries, have the right goods available in what's needed and i think what we've seen in the last number of months is there is so much change in both of those examples that companies have had to respond. with our plan iq announcement that we have last week, it's a combination of a combined technology with amazon, we brought the amazon forecast into our product that brings the capability of this external data into your planning and we've seen proven with some of the customers that we worked on early on a 50% improvement in their ability to accurately forecast the outcome so therefore, they can have, again, the right type of product available in the marketplace at the right time. >> you've got some great partners we know you partnered with the companies that eloquent the companies how to handle digitalization i think this goggle partnership has me excited it's here now. >> yeah, so first, google is a

customer of anaplan now since 2016 it's a great testament to our planning platform where they're using it in finance. they are using it in sales they are using it in the supply chain and operations and so they truly have used it across the platform and then more recently, what we've done is taken them as a customer and brought them into the google cloud so that we can have our product, our platform reside in the google cloud and that's provided them with much more breath and scaleability and that's part of the partnership. so it's really kind of looking at the ability for us to take our software platform, go into a public cloud environment, give our customers much more choice, scaleability, as well as intelligence do things with partnering. you mentioned a couple of our partners working with them along with in this case google cloud to be able to give our customers a much more extensive solution. >> all right

so let's say you're on the board and you're in the auto committee and your ceo comes in and says listen, it's going to be a great year and the company is anaplan. would one of those board members be more informed to say wait a second, maybe you should budget the trend or worse, this is not good enough you come with a rosie forecast we're not buying it. we're looking at the anaplan numbers and they don't make sense? >> i mean i would say with any executive session is the key thing, it has to be agile and flexible with the environment and if things change, you want to be able to pivot and the beauty about anaplan that is different from anything in the past, given the ability to do various scenarios and you can do different types of what ifs and

you can do an a scenario, b scenario, c scenario and know as you continue to progress down the path, you can make modifications and again going back to what i said, bringing more intelligence into it gives you more factors that allow you to get better at your predictions and therefore better at running your business and then you can pretty much orchestrate the right financial performance and if you have some challenges in your financial performance, you can make the corrections and make them soon and be able to kind of move in a different direction to solve that. >> well, i wish people knew when i listen to you that you may not understand but most companies before anaplan were winging it and winging it doesn't work anymore so frank, i think you got a great product here and a great company. thank you for coming on "mad money. good to see you. >> thank you. >> that's the ceo of anaplan having served on boards and been the ceo. "mad money" is back after the

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it is time, it is time and buy, buy, buy, buy, sell, sell, sell and then the lightening round is over. are you ready ski daddy. let's start with jake. jake >> caller: professor what are your thoughts on chew wee? >> this is a stock that will come down but at the same time i like the business very much. let's use this -- let's say it a good company but you have what it takes if you want to buy now.

john >> caller: jimbo. >> yo. >> caller: i need your help, buddy. i bought jaggid 81 it's back up to 69 and change today. i'm thinking of cost averaging it what do you think, schools are closing, what do i do? >> look, i think that they are doing a great job. the stock came down. 63 don't jump ken in connecticut, ken. >> caller: jim, thank you for taking my call. >> sure, ken what's up? >> caller: i'm from connecticut. the land of steady habits. steady, couple years ago got a long term investment and this

particular stock raised the dividend and acquired a company cash and it seemed good it's attractive and seems sustainable. >> right, right. >> caller: maybe we can add to the long term steady position in metlife. >> it's a yield you should be buying i don't like the financials, none, none i feel like the oils and financials are now somehow like each other which is weird. so i like the year old but that -- yield but that's all i can say steve in new jersey. >> caller: i'm looking at lion dale industries. >> stephanie link and i disagree about a lot today on scott's show we like some of the cyclicals and this is one. dow chemical is doing well

i want to go to craig in texas, craig? >> caller: hi, cramer, boo-yah. >> boo-yah >> caller: loving your show. >> thank you >> caller: hey, beyond the up down and all around, jp morgan thinks it's over priced because of competition but i think the next quarters will see all-time highs. >> wait. okay here is what is going to be expensive. like the future and i need to go to jamie in florida, jamie >> caller: how are you doing i ha september has not been nice to it and the moving day average.

>> i'm not looking at anything that came public let me look it over again. i just never felt that it was p propry terry i didn't christie >> caller: hi, great to be on your show. i watch your show every day. >> excellent >> caller: i've owned the stock for a few months and would like to know your opinion on my stock infg. >> i like this company instead of the whole thing, i would actually put it in the buy category if you can get it below ten. it's doing very, very well let's go to charlie in georgia, charlie? >> caller: boo-yah jimmy chill. >> yo, the chill man is struggling what's going on? >> caller: love your show. my question is on stock ticker

symbol mga. >> i like magna. i like a lot of the autos. the complex and you're in the cheapest it's come down a great deal magna is okay for me and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightening round is presented by t.d. ameritrad ameritrade i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit

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i've said a lot of times, i expectations are everything. we don't care where a stock has been but where it's going to and the best indicator is when the company beats expectations or misses them. just look at what happened in tesla and nike yesterday tesla disappointed, okay we accept that now it's getting hammered down more than 10%. nike beat as i mentioned earlier, now it's on fire up nearly 9%.

if you didn't know, yesterday was tesla's long awaited battery day. the fact we had this on our calendar might expectations were heightened and chatter among smart people, some i know and talk to regularly that elon musk would reveal a million mile car battery you never need to throw away and charges itself via solar panel and lasts for nine hours so you can go anywhere probably including mars. one day without charging it. the only part i made up was the mars it sounds krin incredible almost too good to be true there was no million mile battery. instead, we got a lot of stuff how good electric vehicles are they are so good tesla needs more factories to meet the demand talked about making 20 million car batteries per year therefore 20 million cars a decade from now. put that in perspective the auto industry made 17 million cars. musk announced he has a new tesla coming in three years that will only cast you $25,000

they can finally go that cheap because yes, they are bringing down the cost of the battery rapidly. battery day. if there hadn't been this hype about a million mile battery, those would have been huge positives and were with me because expectations are so high, tesla's battery was viewed as a disappointment. it's rather crazy. there is nothing disappointing about it who cares about a million mile battery when elon musk talked about a $25,000 electric car he built 15 million of them. the first time regular people could afford a car 20 million cars a year in 2030, that's amazing toyota is the largest oil company in the world makes about 10 million cars a year worldwide. yet tesla comes out with a plan to build an electric car for the masses and greeted with a yawn because musk didn't match the battery. that's what happens when expectations are out of control. nobody cares about the positive. they are bummed about the things they hyped didn't happen the stock gets crushed

i love the news as we won't see results for a couple years i want you to contrast that with nike there was a perception nike would disappoint the united states and have a so so quarter in china who needs new shoes when you're stuck indoors? apparently a lot of people especially people from nike. nike shot the lights out thanks in part to the phenomenal digital business but the real genius to the stock is that no one was looking for anything special. you had plenty of skeptics when nike beat the expectation the stock really roared. what did he do with the stock? we owned nike for the travel trust you can follow along by joining the actionalertsplus.com club and we have no desire to sell it. for tesla, i've liked it from 66 but the run up in the battery day is to be burned off. at $380, we're not there yet don't give up. give it time we'll get to the level or pounce again. stick with cramer. the rx, crafted by lexus.

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everything we have, we've earned. the unmistakable lexus is. get zero percent financing on the 2020 is 300. experience amazing at your lexus dealer. back for the tenth year september 30th visit delivering alpha.com to learn more and register. you know it's always an amazing day. you don't want to miss it. yes, discouraging day but we need to wash people out. i know it sounds terrible. i don't want you to be one on. if you haven't taken anything off, you can sell. 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." ♪ with a better solution to a school-day dilemma. hi, sharks. i'm cyndi. and i'm paul. and we're here today seeking $150,000 investment in exchange for 15% of our lunch-box company, yubo.