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tv   Mad Money  CNBC  March 23, 2021 6:00pm-7:00pm EDT

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i love pedro and i love bl blackstone on the back of tom lee's comments >> that does it for us see you tomorrow don't go anywhere. moderna starts now my mission is simple to make you money, there's always a bull about market somewhere and i promise to held you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money," welcome to cramerica, i'm here to safe you money and to not just entertain but to help you go through days like today. >> we call it a crescendo,
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that's when all the selling comes to a head, like a symphony and after an ugly day, i want to talk about the last peak crescendo, the one we got a year ago today. when tsunami selling wiped out, and many did not realize it was happening. it was like we were all wearing ear plugs instead of the younger investors came in and others usual ready out. now, since then, since last year, we have had a huge run but now the market is selling off again. so, i think it's important to are review what happened last time as it's getting pretty darn ugly pretty fast out there first, i have to give a nod to
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the late mark haynes, he is the one who called the bottom in march of 20909, he nailed that one. to him that extreme selling meant everyone was giving up at once that is textbook bottom behavior me me, i like to see how many have been ahys, accidentally high yielders meaning the share price fell so fast and so low that once meager dividends become larger yielders last year's bottom was sneaky. while the averages hit the lows in the 23rd, there was 79 companies in the s&p 500 and now supported 5% yields. wow. 119 stocks were down 40% with a 4% yield, what a field day but the worst overall for the average was yet to come.
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the ultimate bottom one year ago, went, was when the dow sink to 18,213. that is down more than 11,000 points from the peak and it looks different from what we are talking about i mean, this is amazing. this happened so fast. it was the fastest that we have seen, faster in some ways than the great depression even though it was hid heous, many stocks internally had started to rebound they just were not important enough to prop up the averages the rebounding stocks went on to become the biggest leaders of the market the covid beneficiaries for part of what many were calling the great reshuffling. that's a term i heerard, a great one, which talked about a urban exodus, where people moved in to the suburbs because they could get away with working at home. so that market was going up as
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the other was going down the market fella full month before march 23rd. the dow did not hit terra-firma, until it pell fell 11,000 points from the february high while wall street complicit with a host of down grades and give ups at the absolute low. it was not wholly responsible for the decline. that would be unfair sure, you had notable downgrades give you a sample. that days wells fargo, took carnival from hold to sell and that was from the bottom it cut the price target from $53, dream on, to $6, because the cruise line were at the epi-center and carnival was desperate for liquidity, there were down grades in leisure because the top down strategists cut the overall target for on s&p. apple's market cap dropped below
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$1 trillion and now it's worth more than $2 trillion. that was a ugly session that bottom if you want to point the finger, the blame lies with washington specifically the total lack of leadership in washington that is what caused the crescendo, congress was working on a relief package to tide us over but the night before the bill stalled in the senate, the democrats and republicans could on not reach a deal, despite the chaos. they did not recognize their impact on the economy or stock masht. the bill had looked like a sure thing. butthen it got snagged on procederal nonsense and wall street freaked out right there even though the had whole seemed like theater, investors were faked out. the dow plummeted 800 points and
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second manchin tried to calm the market by saying congress was close to a deal. the markets were not appeased. the economy needed help and fast we knew we would get some kind of stimulus eventually but we didn't know the timeline anymore and that made the delay terrifying that you got this ironically he was right, the bill passed the senate unanimously, it took a crashing stock market and a horrific weekly jobless claims. that was the most important thing, the worst on record, 3.8 back, getting everything on board. a after they passed the $2 trillion aid package the averages began the long climb from the abyss and you know what, until today, it's still going to climb. but even when we bottomed many refused to believe it. unlike the haynes bottom, you could not see it through the prism of up and down ratios. what was different there were stocks that bottomed
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a few weeks before because they were benefitting the cosid places have been going up for weeks remember how exciting zoom and docu-sign and shopify, and pay pal and square and the like, they were gaining adherence as the broader economy was getting crushed by the lockdowns these stocks were the cramer-covid index this is when they started to gather steam they came in the down it will turn doing well and wow, they got better and better. that meant there was no uniformity to the sell-off and it through people off the scent. it was a changing of the guard moment and you had to be nimble enough to realize that the money was going out of the lose ers and in to the new winners even though the averages made it look like everything was going down. turns out there was a lot of winners the vast squalls of the u.s. economy thrived as
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americans adjusted to work in mass at home the central office on right here, andthe zoom industry took hold, and it's still with us as we are getting vaccinated at record levels. the moral story, washington stumbled and the stock market panicked, if you panicked that day, you blew it the leaders had no choice but to reach a compromise which is what they did three days later the darkest moment came before the dawn you had to anticipate that had they screwed it up once, exactly like 2008, and helped to pass the bill in itself the bottom line, a year ago, we caught a weird bottom as the market experienced a changing of the guard and the covid winners are taking over the new leaders and we are being dragged down
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similarly, we hey bottom, and it will take a while to get a crescendo this type. let's go to tony >> caller: booyah jim! >> thank you for joining the club >> caller: thank you for being the best teacher that i have had in my life >> that's my goal at this stage in my life >> caller: thank you >> you are welcome >> caller: you have empowered me to make sound is and lucrative decisions. >> you are very kind, tony, thank you. >> caller: my question is, i know you have been trimming honeywell, i owe 100 shares of it and am up 55 points should i trim it or go in to emerson? >> no, no, honeywell is better if you are not a trader and you are not worried about a little, something had that can pull the stock down, unlike, we did trim
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it for action, as you know then i think you are fine. all we were trying to do is right-size position. so, i think you are fine i can tell you to sell 25, i think you hold on to it. let's go to bob in new jersey, bob. >> caller: yes, sir, jim, greetings from normandy beach, new jersey >> oh, man, that is right next to florida >> caller: some observations and your opinion zoom is what i'm interested in here, for its positives, it's a worldwide phenomenon, may not know microsoft, and number two, the last quarter was a beat, when the stock went up 40 points on that. and now to the negatives you get the rotation out of textile. 87.5 --
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>> i struggle over zoom, bob, i do i think it's a great company i keep trying to say, what level should people buy it if you like zoom like i do, i'm actually okay with putting some here, but wait until it's cut in half and then you buy more, it is a great company. but it is very out of favor and i don't want you to put it in a full position here a year ago, all of it came to a head, this was a crescendo, we are being dragged down i don't want to regard what is happening today. on "mad money," you heard about her investments in tesla, sure, did you know that kathy woods ark investments is an under you shareholder in an under the radar play that i know you are interested in. we are going to find out more about the potential.
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the pandemic had a major impact on retail. don't miss my segment today. you had love it and i'm going off the tape with eclipse venture capitol, hear more about the latest to go spac and not ipo. just over a year ago,
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speculating, it's been brutal for respect to the stock market. those that trade on the long-term prospects, take aquabounty technologies, they tried to give the world genetically enhanced salmon. they finally got fda approval had in 2015 and then they had to build infrastructure for the huge salmon farm in indiana. they had a huge run as they got ready for the harvest and then it was scooped up by one of kathy woods ark invest eps, she owns half of the company and she is a legendary investor. aquabounty is a minimal sales company. it's down from $12 and change and less than $8 today i know that someone, we have got a call on the lightning round about it
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so we have to learn more let's will check in with sylvia wolf ms. wolf, welcome to "mad money". >> i'm glad to be here i'm a fan of the show. >> explain to people how these salmon are better for the environment and consumers and offer a chance we are big believers in this, in the feed the world scenario, there's not enough food and we want good food and every time we see a company that can do it, we want them on you have the floor to talk about aquabounty. >> thanks, jim it's aly really exciting and historic moment for aquabounty and it's been 30 years in the making i tell you what, we are nothing if not perseverant, it's been a
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long road with the financial kpalgs and testing the time to bring the engineers to market is now, because as you said, it's designed and engineered to address the challenges that we face now. and we had think consumers will go for it. you know, our fish are definitely the product for today. we are able to do more with less, and that's a benefit to consume ers and investors. for the same investment, we produce 70% more product than conventional using less water and looking at renewable energy, we think the time is now. >> let me ask you, when i read about it, i said is to myself, why doesn't a kroger or major supermarket chain say we want to produce good fish. we know it's genetically ly
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modified and more importantly these are great clean fish and the water is reuseable as you say. it's a more environmental way and i think that you can put these in very, poor areas, let's call them that, but they are ideal for a supermarket chain. >> they are. and here's what i think we learn from the past. you know, the agricultural industry has, the reason we have affordable and accessible food is quite frankly because of gmos we are really, really productive ask a nation and i think consumers take it for granted, they have done a good job of telling the story of why gmos are good for consumers and i think, you know, because we were so small and lived hand to mouth for so long, we were really not able to tell our stories and combat some of the false statements made by the activists. and i think rearetailers react o
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that they want to protect their reputation, so, now what we ask, let us tell you the story. let us explain to you that it's controlled environment egg, we raise the fish in a safe, protected sustainable environment. you know, that is really, really critical and i think when we begin to tell the whole story of aquabounty, the retailers had will take a second look. as you said, we have a population too feed and we have a planet to protect. >> and it is true, you could put these tanks so to speak, in appalachia, you could put them where there is, in the bread basket of california, which unfortunately is no, is just a terrible poverty struck area you can put them there right? they can be put where you want them >> yeah, absolutely. what we need is access to quality and quantity of good water, good sources of energy, and we want it to be renewable and we want it really to be in the heartland. you know. >> right
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>> part of our purpose is, is really about rural rejuvenation. it's two-fold, how do we take jobs and opportunity to rural america and how do we locate our farms close to under served communities. >> right >> so we can bring a really healthy nutritious protein in an affordable price to those consumers. >> one last question, did you know that kathy wood was buying the stock? have you met her she likes disruptive technologies. >> she does and we work closely with one of her team and yes, we do know that arc was making an investment and we are proud of that fact. >> there's very goodvideo, if you want to learn more, you give more information there's a video, if you google kathy wood and aqua, you will get the video. sy sylvia, it's great to have yo on, and it's a feed the world thing. young stage company, thank you so much. >> thanks, jim
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>> all right, very speculative, it doesn't have the sales but it's disruptive and i want you to read about it they disclose more than any young company i know, "mad money" is back after the break >> announcer: coming up, here comes peter cotton trail, hopping down -- wall street? had cramer is going to break down what trades investors should be putting in their baskets
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♪ ♪ i keep telling you this market has become a vicious battleground, some people think when oil gets crushed like it did today, down $4, we could be on the cusp of a slow on down. and others think it's hot. it's impossible to figure out which way it's leaning it's all day-to-day.
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i prefer the industrials over the slow ondown stocks, the opposite of today's actions. and today's was driven by interest rate. and it has to end eventually so it can be a difficult market to navigate how do you make a move that has an -- oh, my at moments like these, i like to take the judgment call out of equation rather than trying to ccobble together a thesis, hey, how about we do this we take a more quantitative less emotional approach today we are going off the charts with the help of larry williams he is been trading stocks futures and commodities since i was a kid. not quite since i was in cloth diapers. he has written a dozen books and created a slew ofindicators that we use all the time he is the best there is. ever since the pandemic has
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gotten rolling he has had a stunning track record. when last april we were convinced we were headed for a covid apocalypse, he said that it would start to rebound in mid may. and what an amazing call since then, williams has given us a bunch of terrific seasonal trades he looks at the data and decides how long a cycle is likely to last, it's a percentage game over the last few months we have seen this bifurcation, there's the nonessential change that was hammered by the pandemic these are the ones you know, that we have kind of, let's call them kohl's and nordstroms they have made a come back but the essential retailers gave out performances last year and now are laggers with the stocks well off the highs think walmart. but if history is any guide, williams is betting that a
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rising april tide will lift all retail ships including some that wer we are focused on, the essenessentia s this group rallies after easter which follows april 4th. that's the sunday after next if williams is right about the traditional easter rally, the once hot, but now horrible essential retailers could get the mojo back and these are household names. at least nfor the next couple of weeks i think it already started. i want you to consider, long favorite, costco the black line is the recent action you know, and it's been pretty bad. the red line is the seasonal pattern going back for 34 years. williams points on out if you book costco in the opening, the day before easter. okay before the easter holiday and then you held it for two days before selling it in the next
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profitable epopening, you would have made money every year for the last 43 yearyears. this had optimal by is the 26th. some would say it's started today, but let's use friday. how about one that everyone. people have given up on this one. i can't believe it amazon another fabulous retailer that pulled back hard over the last month, it's widely perceived as a covid winner and therefore had, a pandemic cure loser all right, a group of wall street, wall street decided to kick it to the curb. williams think-s that it will get more lift thanks to s to the easter rally people say, once we get the great reopening, this is the last stock that we want to own according to williams, if you
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bought this on the opening of the first trading day after easter then held the stock for three days before selling to the next profitable opening, you would have made money every year for the last 23 years. every year he recommends using a 10% stop order loss to protect yourself that has never kicked in historically of course, that is one little trade. what is more important to williams is general direction of the seasonal pattern look at the red line it bottoms in late march, then spends the next few months, headed higher. isn't it interesting that it's right when everyone is giving up on amazon that i noempt incredible it comes to amazon, the stock put on a nice run in the spring. he is betting that happens again this year. and then there's walmart oh, boy, this is hated another essential retailer with a top notch management team that has seen the stock suffer. no, plummet, plummet, this is where they change the wages and stuff. and i thought, mcmillan did the great thing and people just hate it okay and did walmart do anything wrong, though, really?
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no it's stock was lessen tiesing because so many of the marginal retailers are working here, or were working until today put like amazon, walmart looks like it bottomed a couple of weeks ago, which is by this time more importantly when you look at williams seasonal forecast, get this, look, it's bullish right now. historically the best way to play the easter trade with walmart is to buy the stock with the opening the day before easter and hold it for five days before selling it in to the next up opening longer term april 10th is a good month for the stocks so for those just thinking it's too slick. you are doing fine now, if you are really wanting to take a chance, you have to go with one of my favorites want you to check out the daily chart of shopify, we think this is the greatest. it helps small and medium size businesses set up their own e-commerce organizations they had a great run, because the pandemic forced everyone to go digital or under.
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i didn't mean to laugh at it, but it's true. it has fallen 300 points, that is the rotation out of the growth stocks to the nonessentials. it's been horrible because shopify only came public in 2015, there's not as much data to construct the seasonal forecast based on what we have, they tend to roar shortly easter, right, and i have to tell you with the stock continuing to run through april in to may, don't you have to try it? right? look at that, does that mean it's time to buy the essential retailers and e commerce enablers, i think you are getting a powerful trader. look at that, that is shopify, imagine if that comes back, what a beast. if you are worried about the rotation you may want to use the retailers that ring the register i did not blame anybodier for--
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larry williams suggests that costco, amazon, walmart and even shopify could have nice runs going in to easter and perhaps the rest of april. historically it's been the pattern. if you are looking to sell them at the strength you may wait a few weeks and get a better price. for me, i like the stocks before and i like them even more now. let's go to randy in ohio, please, randy. >> caller: hey, booyah there jim. as my first time caller, yeah, i bought a stock last year by accident i went to get something else and i told my breaker what to get and i ended up getting v-s corporation. and it's not been doing that bad, but i don't know hardly anything about it. >> once you bought cbs instead of cvs and i got crushed vf corp, i happen to like them, they have done a lot of great things it's a quintessential supply er/retailer. it's a well-run company. got a good yield
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i know it's not liked right now, down 10%, i will never tell you to sell it, it's too good a company. let's go to sam in indiana, sam. >> caller: hello, jim. they beat b-stop and bottom line and nearly doubled the earnings from last quarter, and are going to open 700 new stores in 2021, my question is, despite the positive news, why is the stock down >> the stock is up and it's been a total horse. i was going over it with matthew boss, it's the fabulous retail analyst in jp more garngs somebody down graded it and we said that will prove to be short sighted. any stock can have ups and downs, but five below is a regional national chain, from philadelphia, and i thinkit will do good for four, five, six, seven, ten years, don't trade five below, by more if it
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gets hit this sounds bullish, but everyone is suddenly bearish, five below is the right way to go i know it's contrary, the charts suggest is, that costco, amazon, walmart and shopify, essential, essential, essential and then kind of wild, could have nice runs i liked them before, i like them even more now that larry williams is showing us the way much more "mad money," including my exclusive with venture capital, i will talk about the more disruptive investments coming your way. we have been dealing with covid over a year, why don't we have a set of pandemic protocols by now? i will give you my take on the post covid world and i'm a little steamed, so stay with cramer
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♪ ♪ all right, we have work to do here. this market may have temporarily lost interest in fast-growing technology companies but we cannot take our eyes off of them, because long-term, they tend to be big winners and i want to check in with a venture capital firm, eeclipse ventures. it's one of the hottest hands in silicone valley and we love the disrupters they took a bunch of portfolio companies public one of the companies that i want to focus on you know if you have babies they are a maker of connected baby products. we heard that they are merging and because the market has been flooded, many are selling stock like mad after merging with the
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targets this is down since the announcement buying opportunity let's take a look. we have the founding partner of eclipse partners to get a better read on the industry welcome to "mad money,". >> how is it going, good to be here >> i mentioned to people that i will have al little on everyone has a great story about how they saved the child they know, or has made their life better or is taking it in to the 21st century describe how you found the company and how well it's doing. >> awesome, jim, i think i need to cut back my marketing budget seems like you cover it already. i mean, i think, you know, a father, what is there better than providing a full stack of technology to make sure that the babies are fine. babies cannot speak. not during pregnancy and after being born and the amazing part is the technology that closed the gap for us to deliver health care at home for those babies and the ability to give us, you know,
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comfort around their safety. when the parents want to get a couple of hours sleep. so, it's been founded nine years ago, we have been involved in the last six years and it's been a rocket ship. we grow the business more than $110 million, with only $48 million due today. >> what is incredible, we just literally looked up a patient, you know, parent statements about it and it's like saved my daughter's life. saved a life, over and over and over again and it tends to be become, things had that never would be picked up by traditional baby monitors. >> yeah, i think jim, just to give you a sense, we are measuring around 290,000 babies every night for 12 hours in the last six months. and that's what allows us to collect the largest data sets of babies in the world. build the machine learning models that know to predict when we see a risk for the baby
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it's a drop of oxygen, it's a change in temperature and the problem is parents are on the other room sleeping and they actually don't know if the baby is doing well inside the crib. so we just want to give peaces of mind for the parents. >> i love that you have a page in your deck that said, low tech legacy companies from the lock of category leader force parents to utilize dozens of disprit care for their baby. it's true, you have a picture, there's ten different devices that it subs for this is the disruptive event for people who have babies >> yeah, and i think the amazing part is we are not new in to this category, that category, baby monitoring has been around for like 30 years. i think what we are introducing that is new is this notion of connected nursery. we want to bring the best computer visions from companies like amazon, we want to build the best software from companies like google. and the best machine learnings from people like united health care, and all the talent that we
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have been gathering to provide an end to end connective nursery for the parents to make sure had that their babies are doing well >> all right, so, i read about this, i said if it was an ipo, i think it would be incredibly hot. why is eclipse using this way to get the company public i want to share of owlet, i would have expected that it would triple at the opening and i could not recommend it >> i'm taking the responsibility as the chairman of the company we were in the traditional route for an ipo and when we met the team, and we just really like their idea and their power around brands as well, the long haul structure, and just the size of it, it may be a better outcome for us ask a c a company i say, forget about what the stock is doing today go fundamental is the company growing fast?
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in a massive time? with a high gross margin with customers that love the project. the answer is yes, we are going to do amazing. >> i will push back on this and say, most of the spacs that i see, do not have this level are of fundamentals. and i think that you might get lumped in with spacs that are are really just people taking advantage of the situation how do you get people to differentiate owlet from the stuff that may not turn out to work >> yeah, i feel the pain, as you can tell, on a daily base. >> right >> i goes back to i know how to build tech companies, it's the only thing i'm doing well in the life besides being a parent. i know the fundamentals in owlet the, yes, we are getting caught in the noise of spac, the way to set ourselves apart of the madness is deliver out performing financials and continue to serve you are on customers and continue to send research to the customers so that we just did an amazing announcement last week
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continue adding amazing people to the board we are going to make an announcement that i just hired zhen, and i think we will do fine, we are long-term people. even with the noise, i think we will absolutely out perform. >> i have to agree with you, i think it's the disrustive device for what parents need and it's an ecosystem is, it's not just a device, i'm selling it short by calling it a device. thank you for coming on the show, sir. "mad money" is back after the break. >> announcer: just chill out >> chill man is in the house chill man be king. chill man is in the house, he is happy. >> announcer: the lightning round is coming up when "mad money" returns
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>> announcer: "lightning round" is re is sponsored by td ameritrade. ♪ ♪ it is time it's the lightning round and then the lightning round is over are you ready? let's start with justin in new york justin >> caller: booyah, jim >> booyah. >> caller: emerging -- is one of the leading integrated trading platforms. what is your thought on bft? >> this is the one, there's so many of them, it's difficult to keep track of and i don't want
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you in them. we are with done with that era, where we have to let the stocks come down. there's just like the fact that i have to think about, well is it the foley one or two? i'm done with that it's too darn hard for investors. brandon in new jersey. brandon. >> caller: hey, jim, first time, long time. thanks for the call. want to say i'm enjoying the yellow sun on this red day, i want to talk about peloton >> yeah. i have cooled on peloton you know, they have bought a treadmill company, they have done acquisitions to divers away from the bike. it is indeed a, it is an ecosystem is, not denying it, it had a run and i'm moving on. adrian in new york adrian >> caller: hi, jim, thank you first of all for your great advice you are awesome. >> thank you >> caller: thank you so much and for your 16 years on cnbc -- >> thank you very much
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thank you. >> caller: and i wish you all the best and i'm happy because you are back and healthy and happy. >> thank you, i'm trying, what's going on >> caller: okay, so i'm looking to talk a little bit about the tell young are >> so here's the deal with it. talk about speculative the i'm a believer in shariff, everything that he told me on natural gas is are right it's a terrific $2 symptom p aa -- $2spac, i don't like betting against him. let's go to melissa in florida melissa. >> caller: i'm calling you and sitting on the beach in lovely miami beach. and i'm a big fan, thank you for taking my call. >> all right >> caller: my question is simple, is now the time to double down on palantir. >> i don't think it's time to
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double down. it's a great software company. it's black box and we are not sure what it's doing it's been propped up, it's not a fair term, but it's kathy wood stock, arc investments you don't double down until something comes down significantly enough to change your basis let's go to winston in new jersey winston. >> caller: booyah, jimmy chill. >> the chill man in the house, what is up >> caller: yeah, what is going on with my g-1 theraputic. >> you are in speculative zone there. no, look, these are stocks that i never say no to anyone provided that they recognize it's a speculative stock in their portfolio. it's not like owning a merc, and that, ladies and gentlemen is the conclusion of the lightning round. . >> announcer: the lightning round is sponsored by td ameritrade coming up, how can the country take control of a pandemic recovery that may last longer
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than you think cramer gets real about how to beat covid for the long run. next 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 your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn
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♪ we see smarter software delivering cleaner power. emerson's breakthrough technology enables the power industry to integrate renewable energy sources to modernize and improve the electric grid. emerson. consider it solved. in the romo household we take things to the max oh yeah! honey, you still in bed? yep! bye! that's why we love skechers max cushioning footwear. they've maxed out the cushion for extreme comfort. it's like walking on clouds! big, comfy ones! oh yeah!
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♪ ♪ it's been over a year and we still don't have a real protocol for covid-19 in the country. i know we are doing a better job of getting people vaccinated but beyond that our whole approach, i think is nonsenseical, i had high hopes to beat had thing i figured we would have powerful krugs that helped sick people get out of the hospital faster i thought we would put together an effective detected and quarantine process that caught people before it was symptomatic. we have the things but they are only being done in the world of pro sports take regeneron, we heard that there was a cocktail that reduced the risk of hospitalization and death by 70% or more. for every variant. company might be able to produce
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a million doses by the end of the second quarter really, nothing else can do this kind of job. it was big news. but now the question is, what will happen to it? will this drug get lost in the maw of the natural institutes of health we knew it worked for a while. it's the one they gave president trump when he got sick last fall we don't know if it will see the light of day or end up in a vast federal stockpile. then the vaccinist the other day i went to the doctor, and i have had to had my temperature taken even if i was vaccinated, and it's not a good way to check for covid my temporarerature was fine andi was not allowed in because i had been out of state. even with my vaccination card. millions us are immune thanks to moderna, pfizer and j.j. and don't get me started on astrazeneca, and then the
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restaurant, we know people now rarely get sick from surfaces. but the virus turns in to an aerosole and lingers in the air like cigarette smoke what matters is the viral load in the area and the best way to keep that down is to open the windows. i open the windows for the year we have been told to stay away from each other 6 feet, and then the children in schools are now three feet the cdc's mixed messages makes me feel like a chump you can take temperatures at the restaurant before they come in that's a charade they want a sign that said, no shirt, no shoes, no vaccine, no service. the cruise lines want to reopen and they are ready to ensure had that everyone is vaccinated and the cdc shot it down meanwhile, anybody can walk in that casino, and gamble, vaccine, no vaccine? how about test thing, we have cp
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rapid testers that can be done at home, and be a game changer if we sent them to everyone in america, you can catch if you have the virus before you are symptomatic. so you can stay home and avoid getting anyone else sick is. that makes sense but there's no nationwide testing strategy even though the simple tests would only cost the government pennies to -- there's no rhyme or reason to any of it. a lot of the stuff is decided at the state level and they don't have good health people running the states sure, we are doing much better than europe, but a this point, it's a low bar they have cheap tests that keep people home and we don't use them our health care service botched the roll out, and we have vaccines that can immunize you against the virus and it will not let you skip the screening process to go to the doctor. it's time for the federal
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government to adjust to the new reality. they have done a good job getting the vaccine roll-out on track. but the safety protocols do not reflect that we are playing by prevaccine rules in a post vaccine world. what a waste i like to say there's a bull market somewhere had, and i promise to find it for you see you tomorrow good evening it's happened, yet again in america. yet again in america, innocent families are slumped to their knees in grief waiting to receive the bullet riddles bodies of their parents and children and siblings slaughters in gun violence, yet in america we beg our leaders for solution that's have thus far not come. thisdid this more than a week ago after a man went spa to sp

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