>> karen >> mgm more valuable today on the heels of the draftkings bid. >> dan >> the fedex news does not sound great for amazon >> guy >> it out. "mad money" with jim cramer starts right now my mission is simple to make you money. i am here to level the plain feel for all investors there is always a bull market some where i promise to help you find it. "mad money" starts now ♪ hey, i am cramer welcome to "mad money," welcome to cramer america. i am here to try to make you some money call me at 1800-743-cnbc or

tweet me @cramer there is systematic risk when you are facing systematic risk, there is little reason to buy anything but market risks market risks is the opposite it's a god's send if you know what you like. because you can create miraculous buying options. you may find it odd for me to hit a bull button on what is a market risk. that's what we wait here for cramer waiting for the dow dips 50 points and the nasdaq climbing we need to figure out what is market risk and what is systematic risk so you can do this at home

we know we have several market risks, right who knows what's going to happen to the debt ceiling practice but then there is china and this is where i differ from most of the people you hear. this is widely regarded as a sy systematic risk that you can't be bullish about china is the second largest real estate developer is this company called evergrande because it's on the verge of collapse it can't meet. wall street worries that evergrande will crush the banks and from there the pain will spread throughout the global system as the chinese lehman brothers

can take down everything even though i expect them to fail, that's not the case. when they have an enterprise that's too big to fail commerce party can determine how bad things are they have the power to decide who'll feel the pain it allows this whole collapse. president xi made a mistake here but it's not the end of the world. in the end the evergrande fiasco is bad news for market i think it's systematic risk i think it's an opportunity but i expect more pain as it shakes out. just because i think it's an

opportunity does not mean i am saying it's an opportunity now at the moment you should focus on companies that are going through the covid bill and come out on the other side. unfortunately, so many of the older companies have seen the stocks were even as businesses may be falling here, they got too much exposure to china china is going to have a slow down because of evergrande we need something that can thrive some people say that could be adobe, just reported, it was a clear beat raise with a bit of hair on it the stock got hit anyway it has been a consistent pattern before every single run to the upside adobe comes down, the decline lasts two days and you buy it. we had so many ipos, it's impossible to keep track of more i tried.

insiders of these stocks, the new guys are bailing out left and right. i don't know, i don't have any of this. i like upstart there are a handful of newer names that i absolutely love that many seems to hate. they all have similar r charact characteristics. there is seasonal businesses that come out on the other side in a positive fashion. i am going to start with one we have been talking about a lot lately is airbnb the company was on fire and they went from gigantic revenue to almost known did the ceo give up and fold up shops? no renting a house from air bnb host is more convenient and safer than staying at a hotel.

it's the best way to take a vacation during the pandemic now air bnb crust announced on our show last night that it just logged its billion customers one of my daughter who taught in madrid got stuck in the city but air bnb let her visiting other part of town then there is uber there was really a ride sharing company when it got started and now it got into delivery business it's a two-way street with uber. that's how they're able to raise guidance significantly and why you see underneath me the stock

continues to climb and it upgrades tomorrow. when the ceo came to "squawk box" this morning, excellent interview with angela sorkin, i cheer because this is a great company. how about door dash. this is another good research. the rapid door dash, once we beat covid, people will start coming out again, making the platform a lot more less essential. testimony pandemic stuck around for a long time but even with the covid situation looking better a few months ago, door dash never went away door dash does that, too what they like is they get the food but they don't have to pay for the liquor which is always higher price when things get tough for the restaurants industry last year, tony shu did not say sorry, we got to make our quarter, pay up. door dash helps consolidate the industry and went big in the

suburbs and not just the cities. now it's a two main games between uber and door dash speaking of someone with a couple of restaurants, i don't know what we would do without shu and his economy. we know california is already making difficult for uber and door dash of the world the thing is these are all incredibly popular that's why i am highlighting. they are amazingly popular services i doubt the state or the federal government will regulate them. who wants the run for office as the guy who killed uber or air bnb or door dash it's not what you want to do here mattis bottom line. i like the services that are air bnb and door dash because these companies did not just sit there and take a beating they got it off the floor at the

darkest hour and reinvented themselves goldman sachs started covering airbnb last week with the sales rating these are not prepandemic stocks and they're not post pan-pandem stocks i don't see it that way. now we are going go to john in west virginia, john! >> jim, glad to be on here >> i bet, you are on >> yes, sir, i have a 25-year of accumulated experience, i am on main street coming to you on wall street. my question tonight is on general electric after i have doubled when people saying it was going to bankrupt. now i outperformed amazon and tesla in the last year

is it still a buy? are they going to buy it and make it a crown jewel of roger hathaway >> here is what i care about i think larry culp is doing a good job the stock is down 17 points from its high i would say buy, buy i like uber and airbnb and doordash i am talking to the ceo mark ben benioff. you will get everything from the digital landscape. that would be a change of pace, i am going off the charts with the red, hot larry williams, see what the future holds for ibm is going to sfrurprise you.

get the latest on why that stock is plummeting on adobe stay with us >> don't miss a second of "mad money," follow us @jim cramer, have a question, tweet cramer, send jim an e-mail at cnbc.com or give us a call at 1800-743-cnbc. miss something head to www.news12/eastend madmoney.cnbc.com. debt free! thanks to sofi. ♪♪

[uplifting music playing] thanks to sofi. ♪ i had a dream that someday ♪ ♪ i would just fly, fly away ♪

opreza: trabajar en recology es más que un empleo para mí, es una tradición familiar. tomé la ruta de mi padre cuando se retiró despues de 47 años. ahora le muestro a la nueva generación lo que es recology como una compañia que pertenece a los empleados. estamos orgullosos de haber creado el sistema de reciclaje. convirtiendo a san francisco, en la ciudad mas verde de america... sigamos haciendo la diferencia juntos. baaam. internet that doesn't miss a beat.

that's cute, but my internet streams to my ride. adorable, but does yours block malware? nope. -it crushes it. pshh, mine's so fast, no one can catch me. big whoop! mine gives me a 4k streaming box. -for free! that's because you all have the same internet. xfinity xfi. so powerful, it keeps one-upping itself. can your internet do that? it brings me to dreams force. all things cloud-related normally we go out to san francisco, but thanks to the pandemic we had to attend virtually this year. san francisco is one of our favorite companies what did they have to say at

dream force? let's check in with mark benioff, chairman and ceo of salesforce >> welcome to "mad money." how are you? >> why are you not here? what's going on. >> there are safety and thank you know where i want to be is next to you. this is the year for the trusted enterprise, there are a lot of companies that we do not trust, mark, can you give me examples someone we were suspicious of that you can explain what you can do and we now trust. >> you are right, all of us need to be able to ask that question is trust your highest values that's something we have to ask ourselves personally and

organizationally as well and we have to operationallize it here we use robinhood. they went through an incredible transformation trust and safety is their their highest values they transformed how they work with customers based on that premise. it's an example that all of us can change in a moment and we can shift our company and assess what our core values are used to be where i would go to detroit and i would read the quality job won and now i hear the it's equality. that means the equality of every human being. sales force trust this job one what is your core value and what's truly important to you? this is important for every organization >> when you are in trailblazer, it's amazing also all the stake holders and if you don't listen to your own

people, you will be brought down we have talked about facebook, facebook has a lot of smart people, good people internally how come they have not been able to rise up and change the culture themselves >> well, jim, i thinkwe have been talking about facebook for years and you can read the articles, the in-depth investigative journalism that happens through the washington journal and washington post were two reputable organizations who have gone deep into facebook and basically showing the things they have been saying about the transformations they have made as an organization as are not true trust is not their highest values i believe in redemption and i hope one day they make the change it's unacceptable to see this kind of behavior in a large and important company like that. >> it had not cost them, marc. >> well, jim, we are in a world

today, digital revolution but when we look at the pandemic that we are going through and issues in our political process that we are going through, it's misinformation and mistrust that's being seeded by social networks like facebook that we need to keep our eyes on it may not have caused them but it costs all of us somebody is going to say this is the source of a lot of these problems you look at what's going on in the pandemic and the amount of information that's plain wrong that's on there, is just -- this has to stop. >> it's staggering they need to have a task force of people who are working with you to say let's cut this out. i will tell you something is that people tell me. jim, you brought in sales force, how many people did you fire i said actually i was able to fire customer service people because i found out what to do the sales force of economy is not one about firing it's about hiring. i want you to try to explain it

to people why you grow and don't fire when you bring in sales force. >> jim, i have been talking to so many customers here, our dream force conference we are live in san francisco, thousand of people are here securely and safely, they all have been tested and they come in on a digital certificate. they have been tested, it's on our health cloud 2.0 that's the same one you use to run new york city who's also here we run their contact tracing and their vaccine management and their testing service. i will tell you something, jim, when you talk to these customers, they all want to go through that transformation. they want to be customer company and customer first i was talking to this great company called crocs they make these great shoes and i wear it myself they had a great quarter, their customers, 360 first, another great company here, sonas, 360

customers first. when you put in these sales and marketing system and commerce system, you can erratically accelerate >> i want to conflate two things i have to talk about with you. let's say i want to be a better phila philanthropy and i want to know what's the right thing i am on slack, how do i make it a reality, do i say listen anyone here want to plant 100,000 trees? >> well, sales force has given a way about half a billion dollars from our foundation and slack just gave us $50 million in to our foundation, we acquire them. they are amazing company you mentioned ibm, they run half a million users of slack it's incredible. i guess what i am impressedwit is the number of companies here who's gone through that. when we started the company 22 years ago, we put 1% of our

equity and 1% of profit and al of our employees time into a public share, now we have given away half of $500 million. we have given and delivered 6 million hours of volunteerism. we run 50,000 on profits and ngos in our service for free and every company can do this. this is something everybody can do in terms of reforce station. we deforest it we have gone from 6 trillion trees to 3 trillion trees, it's time to start planting trees we started the oneseed.org this is a key way for fighting climate change we have to reduce emissions but we also have to reforest both of these things have to go hand in hand >> i am sad i am not there

i wish you happy birthday. i love the things that's coming from sales force >> great to see you. thank you so much marc, great to see you. >> great to see you, jim >> that's marc benioff coming from the sales force and the dream force that i missed. next year will be the year stay with me coming up, is big blue the stock for you? cramer goes off the chart on ibm. next

i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer. if you wake up thinking about the market and want to make the right moves fast... get decision tech. for insights on when to buy and sell. and proactive alerts on market events.

that's decision tech. only from fidelity. the internet wasn't built to be a place of walls. but then the walls went up and choice became limited. until now. now we're in a new digital landscape of emerging channels, data-driven campaigns and measurable outcomes. welcome to now - the new open web. powered by people-based software from viant - a new standard in media. the upgrade marketers deserve. viant. built for now. ♪♪ - [announcer] at southern new hampshire university, we never stop celebrating our students. viant. built for now. from day one to graduation to your dream job, that's why we're keeping your tuition low for the 10th year in a row. - [student] the affordability and the quality of education, it can be enough to change your life. - [announcer] as a nonprofit university, we believe in making college more affordable for everyone. - southern new hampshire university, it was just amazing experience.

- [announcer] find your degree at snhu.edu. this is what turn bio looks like i warned you in situations like this, you have to fall back to people who

build up a good track record remember we call this action and we call it the most because of larry williams he's written more than a dozen books. williams have been on a roll ever since last year the economy and the stock market would come roaring back. i saw no one else who made that call he made another big, bold call he said that there was going to be a classic late september. he ran the numbers and realize ds that we are entering the weakest part of the year williams looked at the data concluding that late september when the pain is going to be unbearable this smart move, the sales stock for september 17th then you can buy them back once the smoke clears we went out hard with this call. telling you to sell and sell and

sell i had such conviction of this. stocks are selling off into the 17 then the next trading day, yes, you got crushed by the other fiasco with that said, this is one of the few times where the cal der does feel powerful that's why selling in late september has been a winning move, no one believes this for the last 23 years straight i am already hearing a lot of people saying now it's time to start buying if you did that into the strong opening this morning, you have obliterated. with that said, you should repair yourself to do s some buying in two or three

weeks. we are going to exit the season out, seasonally tough times. you got to have a list give it that larry will williams - and see if there may be any buying opportunity. when i check in with williams he had an idea. i got to tell you it's pretty darn contrary. it's ibm i need to know this is one of my favorite turn araround story he's doubling down on faster growing software business especially in the clap ibm is paying weight bounce. you want it to be because they are raising dividends but i will take it. let's talk charts with the

weekly chart remember williams is the master of spotting these past cycles and projecting them forward the figure out where a stock may be heade headed in ibm case, he sees a 72-week cycle. the lows of that cycle should come in late october if the same pattern holds this year, that may be the ideal place to start buying stocks on the way down i like this cal. very forward looking we say it's going to go lower but we are saying exquisite buy. next up, william says want to work the fundamentals, he's always looking for correlations of particular stocks and interest rates take a look at ibm in black verses interest rates, the forecast for interest rates for

ibm. we point out this correlation. that's correlation for those who are trying to figure out what i am saying. what you see here is a correlation suggests we'll see morsel more selling of the stock for the rest of the month. as we get closer to the end of the year, well, that should not be is there a reason ibm would trade along interest rates, good question i can come up with plenty. here is what's so interesting about the chart. we don't care about why these correlations exist we only care they exist. why did the market goes down? different reasons. that correlation exist we just knew if this keeps happening and happening. which brings me to the next chart. ibm with its true seasonal pattern and now it's in blue williams started to notice ibm

is the best in the whole market. this is another case nearly 20 years. ibm put in a seasonal low near the 20th trading day of october. you get the bottom of this one and near the end of next month and that's followed by a nice route. you want to start buying around here if you want to get even more specific, let's look at one of larry's home brew. thst it's called the williams panic indicator. we like this it's pretty darn useful at ibm here if you use this stock every time the panic button went above 20, look at this panic indicator, boom. panic indicator, boom! don't you love that? late di the panic indicator has

been on the upswing yet but it's not high enough to create the ideal buying opportunity if we get more of a sell-off, that's what williams is expected then the panic indicator will sore that'll signal buying the stock back considering the daily action ibm paired with the own balance line volume measures the volume flow and adding the volume on up days and subtracting it by down days. to give you a sense of what managers are buying and selling. we care about this because volumes for a lot of -- right now ibm's recent decline may be deceiving you. the on balance volume is held up well, doing much better than the stock price. there you go this is what's known as a b bullish die vergence

it won't stab you in the back and they're in ibm for the long haul if you listen to dream force today, a new customer focus ibm, here is the bottom line, the chart is interpreted by the legendary larry williams suggesting that ibm will keep drifting more the next few weeks but he expects to lay out in october. as we saw yesterday, you bet against him at your own peril, no, he does not say buy it tomorrow when some wise guy says cramer says buy ibm, i am going to do the opposite sam in colorado, sam >> hi jim. >> i called earlier and on your recommendation to buy and accept >> you bet cha, that's a good one. >> hallelujah!

>> i sold it after earnings and let me tell you why. i am concerned of the quality of the loans they are making. the majority of the people, maybe not the majority but the people using the firm don't have the best credit scores i am worried of the default credit risk. >> the default went down and the algorithm working literally. he verified he didn't see any patterns that they got from credit karma which shows you a lot of the falls i i b i believe in matt. i reiterate that it's max legend nathan in arizona. >> hey jim, it's nathan! >> booyah!

>> booyah nathan >> i want to ask you about mongood, mdb >> i like it, they're some of the smartest guys in the world you should be proud at your boy, that's a fantastic company to work at. they're wrong, when you get to the middle of october, you should because you see it roaring higher this is not the beginning of the hello. it's not at the end of the show. there is much more "mad money" ahead. including with adobe, what's going on there good business. that's why we are checking in

with the ceo the stock is often down after reports. then you would say why didn't i buy it some traders were able to turn a profit i am going to let you in on their strategy so you can get a piece of action. and our lightning round. stay with cramer (vo) introducing 48 square centimeters of earning potential. flawlessly designed. undeniably versatile. unlimited 2% cash back. this is the card built for... ...real life. (dad) she's gonna be a drummer. (cashier) yeah she is. that's gonna get loud. (dad) right? (vo) the new wells fargo active cash visa credit card. unlimited 2% cash back on purchases. that's real life ready.

if you wake up thinking about the market and want to make the right moves fast... get decision tech. for insights on when to buy and sell. and proactive alerts on market events. that's decision tech. only from fidelity. i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer.

isn't it a paradox? that the love for this world that gets us out in it sometimes leaves behind the things that can harm it? but now, flight by flight, we can make a difference. because delta has committed to becoming the world's first carbon-neutral airline on a global basis. we believe you shouldn't have to choose between seeing the world, and saving it. ♪♪

when we see a difficult period like this one, you have to wait for your serious stocks to get hard enough for buying opportunities. i am going to look at adobe right now. it's a marketing company that's a key ecommerce.

the report was an excellent quarter. 10 cents earnings. even better of a fourth quarter so when the quarter had something that people did not like, shortfall or slight cash flow missed, the chairs when down as this thing comes down enough enticing in a tough market. it sure has been the case. the chairman and ceo of adobe. welcome back to "mad money." >> thanks for having me, it's great to be back on the show >> you said at the end of the q&a, we are on track to up seed our target that were just provided in march, is that the real story in this quarter

>> it absolutely is. we are executing across all out of our initiatives when you are talking about what's happening with content and people creating more contents and personalization needs for that everything that's happening with automating documents and the r relevance and the importance of pdfs and all that, enabling companies to have a digital presence in commerce we are in all of those three growth opportunities as market leaders. we feel really good about the quarter and the year i think more important that we feel even better in the future >> i got to tell you, people making these snap judges at the headline nike and facebook and ford and hone honeywell, people want to talk about the guys that i love and so do you.

these are the clients. how are you able to consistently get the nikes and the fords of the world to come to adobe >> well, i think what we did better than everybody else, jim, was to really say we had this vision for what we had to do to enable any business to engage directly with their customers. this had to do with that digital presence and the data and insights and how they're orchestrating the journey whether it's online or offline of what they are doing with commerce whether it's physical goods or whether it's digital goods or b to b company or b to c company. it's our product and innovation and the vision that we had that really appeals to these larger customers. a company that has a really open ecosystem with a community that can help them navigate what

needs to happen with digital transformation i would add that we are always doing one better by adding another dimension to that. and enabling them to also have the work flow, to have these marking campaigns executed with agility. i think our ability to look around the corner gives people a lot of confidence in terms of working with adobe, jim. >> i think a lot of people think that what they see in the site is that this company works it's really you. they don't know on the channel other than the fact that they have to have it. they have to turn it over to you because you have the analytics and the fulfillment. i don't think people realize you are the engine behind the omni channel even after all this time >> that's true, jim. within of the other areas that we have instant credibility is when you think of enterprise

software company, there are a number of them, there is not another company that has the b to c business or b to b business like adobe we are using our own products to engage with billions of customers, and we can give them the road map as well as the play book the fact that we talk about them how review this in adobe.com and everything we have done in creative cloud and document cloud, people appreciate it that we are helping them with not just the technology but the proc processes. we'll continue to do that and how we reach forward in terms of helping kpcustomers to their own transformation >> look, it's terrific to have insights insights matter. a lot of companies tell me, listen, we have insights what matters more are the actions and i think, there are a lot of companies that have

actions and insights shantanu but nobody has both but except you. >> it's about how you activate that data. everybody talks about what's happening with respect to first body data. collecting the first body data is part of the equation. it's what you do with the data that makes you either deliver a compelling experience or be completely left behind and so i think it's activating that insights through these personalized campaigns and through the journey orchestration and customer experience management which is where the magic really happens and we talk about in our prepare remarks how 80% of the people who are now using our products are using our ai, the adobe sensing magic that we have, this is working on their behalf >> people don't understand the first verses third these guys are the best explanation. if you go to the site, you realize how powerful you can be. i look forward to the adobe

macemacs and thank you for all you do for schools and empowering people and make them the creativity they have into realization, it's great to see you, sir, fantastic quarter. >> thank you so much for having me, always a pleasure. >> guys, look, between now and their celebration, adobe is the way to go. "mad money" is back after the break. coming up, a storm is coming giver us a call. cramer got the answers to all your burning questions "the lightning round" is next.

with directv stream, i can get live tv and on demand... together. watch: serena williams... wonder woman. serena... wonder woman... serena... wonder woman... ♪ ♪ ace. advantage! you cannot be serious! ♪ ♪

get your tv together with the best of live and on demand. introducing directv stream with no annual contract. are your hr processes weighing down your employees? on to quarterly projections!

expense report! if you're using multiple systems, re-entering data over and over time sheet! using email and spreadsheets to manage information and approvals, then your hr systems are a drag on productive time. with paycom, employees enter and manage their own hr data in a single, easy-to-use software. visit paycom dot com and schedule your demo today. do they know this door is locked - stand up if you are first generation college student. (crowd cheering) stand up if you're a mother. if you are actively deployed, a veteran, or you're in a military family, please stand. the world in which we live equally distributes talent, but it doesn't equally distribute opportunity, and paths are not always the same. - i'm so proud of you dad. - [man] i will tell you this, southern new hampshire university can change the whole trajectory of your life. (uplifting music)

> it's time, it is time for "the lightning round" and then the lightning round, are you ready? gavin in nevada, gavin >> hi jim. >> hey, gavin. >> yo, i call for your advise on the clinical stage bio company, the self-therapeutic >> nobody likes it

if you buy it here, you may get lucky. >> let's go to sahas in illinois, too. >> good evening, jim, thank you for sharing your wisdom with us. >> thank you >> i have a simple question, i am wondering about adobe aviation >> we found out the blades was cheap and going in a lot of different places that's what you should look at andrew in texas, andrew! >> booyah, thank you for taking my question. >> oh, my pleasure, booyah right back >> i am looking at lscg. they're down 20% a year. >> no. i am slight when it comes to that i like unite he would and i like centene. the reason i like it because you don't get any actions when you

buy it how about we go to craig in california >> booyah, what's happening >> i found under chen bucks. down to 52 weeks high. i am a long-term investor thinks it could double up here. should the stock be delivering me some gain or return to center >> return to center. >> let's go to michael in california, michael. >> you know what, we'll have to end "the lightning round," that, ladies and gentlemen, that's the conclusion of "the lightning

round," sponsored by t t.d.amet.d.a t.d.ameritrade stick with cramer, next.

a lot of skeptics argued that i would be wrong. the market gains back in most of its case the answer i don't practice, i don't got any crystal ball what i have is watching a history of these openings over a period of 40 years here is what i found when the averages are down 2%, many stocks are down even more than that and there is a 10-1 sale to buy ratio, you have to hold your nose and buy something, anything even if it hurts and it will. i figure out the 2% rule working with cramer for many years hedge fund so i integrated into my calculations and we used to talk about it all the time on our network.

back in the day, i ran the balance book w at the hedge fund we would go long deep in the money call and short common stock as the stock lifted i pioneer this method. i spent about 100 pages eck pla explaining how to get it back even here is what you do if you want to bet against something you establish a long position by buying a deep in the money call option typically a couple of months and a strike price of 5 or 6 points below where the stocks currently trade i think it's too much capital. as the stock goes higher, you can short it against that call i like to do it in two-point increment. this way you won't get squeezed.

it's like having insurance policy and the train goes against you. step three, when you think there is going to be a big sell-off as i predicted last week. you can get more aggressive. that's what i would have done last week when i said i would short the stock market, i don't talk about shorting on the show. yesterday when we hit those le levels, i mention down 2% and 10-1, up ratio i would have cover my common short position and kept the call on a stock that falls below your money cause is a free put. today when the market opens up, i i i would sell the market stock again. i would have sold stocks short ahead of yesterday's melt down and cover that from yesterday

and i would start it over again when the market rally is up today because that's fwoing to be wrong now i know that's complicated and i don't recommend shorting on the show. i am no longer a trader. i don't like trading it's hard to do even if you are full-time. when you see a situation like last week, every year for two decades and i think gout a good reason used for short selling, i want you to do it the professional way the way i just showed you. 20 years down. you got to be ready for it when it opens up, you sell it all over again that play book works so many times that i can't even count. the important thing is not following the play book. that's too hard. tl that's how i knew the bull buyer who came out this morning would get slaughter.

once you learn to recognize this pattern, you will be able to see it and oh, that's what cramer is doing when he says it's time to fade the opening i i would like to say there is always a bull market some where. i would like to find it for you righ somebody killed gabby petito now to find out who and how. i'm shepard smith. this is "the news" on cnbc it was homicide. the coroner confirms gabby petito was killed. the new turn in the now criminal investigation and the added pressure to find her missing boyfriend. we're live where the search is happening now. president biden addresses the u.n. general assembly for the first time. >> for the first time in 20 years that the united states is not at war we've turned the page.