economytoday they thought the market had gotten to a point where it was enough for the moment. >> i'm going to be real interested and i know you will too, earnings. what the commentary is after dimon the other day. >> i think there is an element of pre-relief. we'll focus on earnings and expectations and you have stock by stock action and not just macro drama. >> i'll see you tomorrow "fast money" is now. right now on "fast," a ride for the ages a major average slump big time at the open board staging a rally. dow serving 1500 points. s what today's move a short covering bear bounce or something more plus netflix and a short chill the streamer taking the wraps off the pricing model and the street giving the move a big thumbs up. did they just win the latest round of the streaming wars and now is the time to bank on strong bank earnings and one of our traders ream the register on a winning move in

tesla and i'm melissa lee and this is "fast money" live from the nasdaq market site we start off with a great market rebounds stocks bouncing back from steep losses earlier in the day to close sharply higher the s&p finish up 2.6% the biggest single day swing since march of 2020. the dow rebounding nearly 1400 points from low to close an the nasdaq erased more than 3% loss to finish with more than a 2% gain. the moves coming despite a hotter than expected inflation report the latest kpi showing consumer showing a rise of .4% and in spice of a drop in energy prices so is today's market action a sign that investors believe this time inflation has truly peaked or do we get to the lowest at 3191 where this was so technical, tim. >> we did thisbad news yesterday. >> good bad, bad good.

>> but it was so bad because we were down 8% in from last thursday to those intraday lows before rallying 5.1% in 383 minutes today. which is extraordinary and look, i'm going to tell that i think nothing really changed today. in fact we'll have an inflation conversation with bill simon when you look at the core and the fact that we're now in an economy where we're reopening pressure, not an issue supply chains not an issue and inflation is moving higher so expect this is the peak, and the fed won't respond. we have two cpi numbers between now and the december meeting that is meeting more in play 75 bips in november is a sure thing and you could see that if fed funds. >> and the add of 75 basis points in december has gone higher on the backs of this report. >> and you have to pair today with what you saw today with yesterday and markets are muted after we got the ppi numbers an then with this referral after

cpi, i think the fed will look what they're doing through the end of the year. we knew we were going to have a strong cpi number but people will hope it will come down earlier next year. the hope is that what is already in there is priced in. if you start to see easing, to the reports that are coming through the end of the year, think that will continue to lead to the rally too early to say that we're there but i'm hopeful. >> it is not too early to say -- we're not there. this was technical there is nothing fundamental here when you think about all of the tension that exists when you have the sort of market that we had by market participants the stuff go on the in the u.k. that the stock market investors don't really understand. me included so i don't mean to c con deend here let's by frank, none of us

thought it would be much cooler than expected and give the fed reason to pause over the next few weeks as we go into the meeting. so, gagain, to me, nothing fundamentally, i think technically. and we have to go back to last week, monday, tuesday, we have a 5% rally and today we have a 5% rally off the lows i would love to see this thing keep going and maybe bank earnings not as bad ass and get into the tech earnings in the next week or two because estimates have come down continue to rally. we will get nowhere near the august highs, people i'm just telling you that is my take. i know i sound very confident about that. >> you sound horse. >> well i do but the higher it goes, the more bearish i would get on the market market right here. and we have less confidence that the fed will raise after the november meeting but to me, the higher we go in term the lower we go when we take out the lows in the future.

>> 3500 level is people covering my shorts and we're off sides going in >> in retrospect, yeah there are a lot of words in the english language. >> plenty. >> obviously i'm not familiar with nearly enough of them and obviously there are some words you can't say on cable tv. which i'm obviously cognizant of it but i bear guarantee this word e never uttered and it is tarnation. and eye i had so many people saying what is tarnation happening today. and i found it fascinating and we talked about this a couple of weeks ago, when vix got up to 34-ish we talked about the negative gamma and the market was down and then subsequently higher and i think that is what you saw today and i'll say this again and guarantee i'll be getting added, the move down to me made 100% sense and the move higher was panic and that could last a couple more trading sessions but to tim's earlier point,

nothing changed except the price action the same problems we had 24 hours ago, we have today as a matter of fact, i would submit giving the cpi numbers a little bit worse. >> i would also say that we have some support over the last couple of days bank of england has given us a lot of headlines over the last couple of weeks and some of the selling was in overseaed equities by a lot of the u.k. accounts and part of the rally today and if you've been trading for a long time you wait for europe to go home and in fact this is when the rally took place. you wait for europe to go home but we had already seen a major rally in the guilt market and this is part of the disturbance. it is part of the 8% move to the lows of intraday today, again, the u.k. market, we talked about the derivatives markets and we're starting to hear about pension funds. 150 to $200 billion was wiped off the balance sheets in the

u.k. that will be painful and there is more of it. but price action and trader's action, that helped today. >> you almost wish this rally didn't happen on the precipice of earnings. in which the guidance is going to be so scrutinized and people aren't expecting much from it. >> i don't think today itself puts us in any different position when it comes to earnings you're seeing sentiment as near record lows right now. and so that i think continues to set us up in a good position as we go in earnings. banks rts one that everyone is watching which started tomorrow. >> but rallying today into earnings ahead of bad guidance expectations are low weren't you have rather gone in at low's >> well of course. but i think you want to look at relatively i don't think that today puts us in that much worse of a position. >> banks, outside of today's move, which we rally 3% to 4%

and even a little bit more in a couple citi bank was down but the targets are better this is a case where financials are down 30% into today. so, yes, i hear you and i think what is go about this third quarter setup is that the bar is lower. and i think the bar was so low going into the second quarter it was kind of a relief and it ended up being constructive for markets. >> ark innovation etf didn't catch a bip at all today and i was surprised by that. even in this huge rally, we didn't see a rally -- >> it looks like money flows went to areas where people feel confident. microsoft and apple, and energy we'll hit that later too, was really quick and one of the things that i noticed that as soon as the cpi print, we saw the ten-year rip above 4% make a new high for this cycle here and what it did we see we saw the nasdaq just went down 3.5% in a sttrait line and somef the names never got going again

other than big mega cap. so i think high pressure is still on those without earnings and trade at high multiples where there is uncertainty about their revenue goes going forward. >> our next guest is one of the biggest retailers, bill simon is a former walmart ceo great to see you as always. >> great to be with you. i love what you guys do for a living what a ride. >> what a crazy do you and cpi and the pressures that the consumer is feeling sat the same time we have amazon second prime day under way, target deals day underway what is your take on where the consumer stands right now. >> 70% of our economy is consumer driven and that is the way out of this. right now the consumer is still flush. employment and hwages are high s they have a fair amount of money. now they're face prices like they've never seen before and

from the consumer it is about inflation and gas prices and both of them are starting to, you know, hopefully see the top. i think there is a lag in inflation as retailers and restaurants and consumers put the component prices in that they've had over last several months into the retail prices. i think we're seeing the lag effect of that and so, hopefully we'll -- we're at the top of it now and start to see it coming down. >> how do you think about a consumer still flush with cash and presenting money but presented with a lot of deals and a lot of deals driven by a drier to get rid of inventory. to sales are lower margins so they might spend but will the retailers see a benefit? >> you would -- no, they won't the retailers have a dilemma they're good inventory, there is consumers that are flush with cash and they're willing to spend on good inventory. and they don't want to buy bad

inventory at any any price and the things on deal isn't the good inventory it is typically the things that they're oversold in. some of the prime day two deals were pretty good, but basically from what i'm seeing and hearing, it is been kind of a meh. there is not a lot of activity and action on it, same with the counterbalance from target and from walmart so it is really hard to say. i think the holidays are going to be good because the consumer has cash but they're going to be very, very picky and going to be buying on deal they're going to buy on deal but by the front line merchandise which is going to be painful for retailers. >> bill, it is tim we know walmart and target and some of the retailers we talked about are cutting because of the inventory. but when i read your notes i thought the mechanics of how inflation is a lag trickle through to prices and the companies are just getting going. talk about that and give us a time line on when you think they're going to peak, assuming a sideways environment for us.

>> it is -- walmart is a great example. they do everything they could do to hold prices down when they start to see component prices increase and wholesale prices from their suppliers increase, they'll hold prices down as long as they can. and when they start to put the price in, it is usually after everybody else has so we're starting to feel the impaktd of the component prices, labor and manufacturing labor costs are up, transportation costs are up and those prices are just now reaching retail stores and so hopefully the pain that we've seen coming over the last six months is now at the consumer and hopefully we're at top and i would based on what i'm seeing by the end of this year, probably the fourth quarter will peak and tart to see it come down into the first quarter of next year and hopefully something reasonable by the second quarter of next year >> bill, maybe a couple of months back i asked would you rather walmart or target.

and you interestingly said target and it sounds according to the notes that you may be changing your mind a little bit that you have some doubts about target so i'll ask he the question again. walmart or target? >> i think walmart now because of the food business, they're going to have traffic through the holiday season and that food traffic will give them the ability to sell their general merchandise. so i think they're going to have a good sales fourth quarter. i think the margin will be challenged in the fourth quarter. but frankly that is priced in already as far as coy tell >> all right brill, great to speak with you thank you. >> you bet. >> well consumer credit is going through the roof all-time highs here. and we're doing that at a time where interest rates have gone up and we know the rates are going down an the cost to finance existing debt is going up and food and gas is higher and the list goes on and on. so i challenge the fact that the consumer, the u.s. consumer right now is so strong and we think about it if the fed is

going to nail this landing, they need unemployment to go up and what will do this the consumer that is binging on credit. >> but they have a job i aagree. >> for now. >> but look at the year-over-year wage numbers, those are big parts of inflation on the put side. it is more of the delaying the inevitable. >> but do you buy stocks right now in the retail space or consumer oriented based on a strong consumer. that is really backwards. >> just some discretionary scared me. like at what they're going to nike and trying to do to lulu. today walgreens has been punishes going into this i think you're seeing the consumer trade down. and if have a job, you are paying your bills. you may not be shopping and you may be trading down, i don't think you're buying the high multiple discretionary but there are plenty of places that consumer will like. >> and that is what kaumt said the consumer is getting morehouse hold shopping at walmart. so guy, would you rather we asked bill simon.

he switched. he went from target to walmart so where do you stand? >> i watched jeopardy the other night so i would like to go off the board for 500 and would you say dollar general i keep coming back, valuation is a concern, but this stock is really hanging in there well at this 240 level and hasn't given it up so i think dollar gen is showing the relative strength vis-a-vis these other name sorry i didn't play the game creckly but you didn't expect me to. >> i have low expectations tesla jumps in today's rally but not before touching the lowest level since last june and the move had one traders closing out of position. we have the details straight ahead. but first high energy, the xle market rally has proved -- so which stocks are worth pumping money into the names when "fast money" returns. wireless network. on a big impe how are we different? we exist only on your phone.

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welcome back to "fast money. energy one of the best perform ergs today surging more than 7%. hallieburtonon and devon energ and the wils company leading the gains. nat gas did post a 4% gain tim, what did you make of this

spurt higher. >> we've had all kinds of macros so i won't talk about opec plus that dynamics that put upward pressure on oil prices butif you're an oil services company, the dynamics around policy decisions about what people can and cannot do in terms of drilling people need to do more drilling and they're going to do more drilling but the oil drillers are run so differently than they were and sum sluchlumberger, you're starting to see that move. >> energy has been the space that has been everyone's safe haven this year and i think that will likely condition to be the case because the fund amountles, a lot of the oil 30 to $50 a barrel and their still profitable and if energy prices are good going up it will

benefit the sector. >> guy, who did you make of the move here. >> it makes sense. tim has talked about this. the best thing counter intuitive that has happened in the energy world or space is the policies of the biden administration and esg was probably in retrospect, the kick in the rear end that a lot of the companies needed. because as we've seen countless times, they're now run better than they've ever been and their balance sheets were better than they've ever been. right now as we speak conioco phillips, all-time high and if crude would go sideways for the foreseeable future, the stocks should continue to rally so i still like the pace. >> there is a lot for "fast money" to come here is what is coming up next into a tesla two, the ev making getting back on the road after hitting quite the pothole this

morning. but the early move lower had one of our traders shutting their drunk on this trade. the details next plus netflix and a 15 to 30 second chill the streaming giant laying out its new ad supported tear. send us the plan and give netflix a glow in the streaming wars you're watching "fast money," live from the nasdaq market site 'rba rhtft ts.e. wee ckig aerhi dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones

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welcome back to "fast money. tesla revving aup the close but it was a lowest level sinceun of 2022 five months later it more than doubled and back then shares were trending higher

not quite the case right now so dan, you tweeted earlier today that you close out a bearish position so walk us through the trade. >> i've been pretty adamant about the wholetory. and i've been wrong lately but if you look at the chart and the movers an you talk about the way it is been trading you could be on the upside and you could be right on the downside to a great degree i think things are just getting started. that was my target to the down side when the stock was trading around 300 in the summer and so i got there and again, we talk about it on the show all of the time when you're trying to press shorts at relative lows it is just not a great sort of setup here because you get the snap backs. so me i'm out of this position i don't like the story i probably like it less now at these levels but i'm not willing to be there on the short side. i think they're going to report early in the cycle i just can't think it is going to be good when you think about the dependence on china from a manufacturing and demand

standpoint, the dollar and what going owe within in europe the list goes on and on. eye don't like it. >> guy, however you feel about tesla and clearly there is a lot that dan doesn't like about tesla, first and foremost elon musk tesla has been a great trading vehicle? >> no doubt about it i think we've didn't -- as i know i'm wrong a long. this one we've done a decent job and said for a while, when the twitter news broke, the real trade was to be out of tesla and if had you the temerity, another great t-word by the way, this stock was great one to short and it traded down at its trough today, new 52-week low, the stock was down 50% from the november all-time high that is pretty remarkable move that nobody wants to admit to or realize. so here we are i think you could get a bounce off the levels but you'll reload to the down side because i don't think the worst is over. >> but one is much more bullish making a big bet mike khouw is here with the

action >> tesla always the busiest single stock option or on most days. it was today in the first place over apple trading more than a million contracts above what apple did actually. there was a lot of weekly activity on the volatility but the trade that caught my eye was purchase of the jarn 2024, 350/360 swall fred and they tradeid for 1.47 and a half and over 37,000 of them trended by the end of the day that is a premium out lay that tesla could regain the april highs which is 365 or slightly above. but to dan's point, i think one of the things that we might be looking for in the next set of 13-fes is to see whether a big shareholder sold their position. that is a way to reure some of the losses if it bounces without taking any more risk to the down side >> thank you, mike for more options action tune to

the full show tomorrow at 5:30 p.m. eastern time. >> coming up, not so chill netflix adding a ad supported tear that comes with commercials but it will give it the leg up in the streaming wars and. big banks on deck to report tomorrow ar how will the financials spe. we'll digging into that space with which "fast money" returns.

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welcome back to "fast money. another check on today's market action stocks staging a huge reversal from this morning. dow jump mogging more than 800 and breaking six-day losing streaks. take a lock at domino's. the best performing stock in the s&p. but not everyone joining in on the gains. etsy dropping 10% and in beyond meat shares slightly higher at reports of new job cuts as demand cools turning now to netflix, the shares jump 5% after announcing details of the ad supported tier which will include 15 to 30 second commercials, $6.99 a month and $3 less than hbo version. so does netflix just win the

latest round of the streaming wars tim? >> well i think they've changed the conversation whether they've won anything i don't know if you listen to the street, you've had a chance to react jp morgan said this could be 3 billion in incremental by 26 and this could be 4 million new subs by '23 i think it is no longer about stagnant or sub contraction which has been the story of netflix for about a year i think it is about where we're getting incremental. we have not heard the solution to the password sharing dynamic. it is -- netflix is like tesla when things are going great, nobody cared and everybody said they had great content now people are where is the great content in netflix and it is about what kind of opinion they're going to throw up. are they pulling back here but i'm long netflix so that is me talking and i want to see it break that 250 level. >> courtney, what do you think of this? the stock rallied when this news was released, spike higher.

>> along with the markets. but still. >> which i love to see the positive hop here. but i do think when you look at netflix, it is interesting it is a zol ear lower than disney but it will come down to content and i think they have completely different content than disney and i don't think the subscriber story is going away. i think still need to have subscriber growth because they're going to net out so anybody downgrades from this the subscription they have now to the ad model tier, it is a break even we still need to get additional subscribers and it still seems expensive it to me. >> and i wondered whether this is cannibalizing but some of the people may have just canceled, period, guy and are trading down instead of churning out. >> it is interesting that would require me to know how to cancel, which clearly i'm not one of those people.

listen, is it the stock and would you submit that netflix, wait for it, mel, put the t tourniquet on and i understand what courtney is saying but for the first time you could make a cogent argument for netflix on valuation even for the rally over the last couple of months in terms of tim's comment about content, i'll tell you, all quiet on the western front is coming out and that looks amazing. i'll be tubing in for that one >> i'm surprised you're not watching that on your sony beta max or your vhs recorder. >> the original. funny that you say it, wise guy. >> this is a remake. why do you they have to remake all of the movies that are good. i don't get that

that being said, if they are able to have this new way to articulate how they are able to capture this and drop straight in margin and they were able to guide decently for the quart, it your point it is filling in that gap. i don't oeb the stop. >> you might get that. they announce on tuesday this is not for the faint of heart when they announce and -- the implied move in the options market would be 15% or 20% if this did go back i do think it is a buy there. >> coming up, get ready for financial friday a big day coming up. we'll be joined next to break down what is in store for this group. and throughout hispanic heritage month we're celebrating. here is the ceo of restaurant brands >> i think the space of th

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. >> facts and truth with shepard smith. tonight on cnbc. welcome back to "fast money. bank earnings kick off tomorrow with jp morgan and morgan stanley. stocks are near the lows of the year let's get to head of u.s. bank equity strategy at rbc glad to have you with us. >> i feel like the ceo's have talked about the economy and i'm

wondering if you -- >> you just touched on the consumer the consumer is in good shape. think we're going to see into the deposit levels and consumer spending and we anticipate to hear double-digit growth in the debit card transactions and along with credit. >> girard, you're on mt. rushmore for analysises. but my question is pretty simple you've watched today trading at about 1.4 times tangible and we haven't seen that in a while. what is the right level for the -- >> think what we're going to see over the next six to 12 months

is -- [ inaudible ] very strongly and that le vote i would say it is two times so that is where we should be talking about in the next 18 months. >> girard, it is tim so wells fargo never made mt. rushmore of money center banks because of some of their miss steps and yet this is the bank that has outperformed everybody. >> it is interesting with wells fargo because they have the cease and desist and they also have -- perform well because they're very focused on reducing expenses as well as the best deposit for banks and for the fir time in 15 years investors need to focus on the deposit mix. it is the reason that it is doing better is because people know the margins are going to be very wide when they announce

fourth quarter as well. >> apparently you have to pay attention to what banks pay on those deposits and you make that -- to take a look at regionals versus the larger banks that may have to pass on the higher interest rates to wealthy consumers versus the regional. >> melissa, what is more challenging is the deposits that are having as well as corporate deposits we want to own banks that have grandma and grandpa on it. and [ inaudible ] pay or monthly bills an the banks will not pay interest on -- [ technical difficulties ] >> great to see you. thank you. >> you're welcome, melissa thank you. >> i've been optimistic. i think there is so much

pessimism in the -- surprised is a positive so i'm looking forward to tomorrow i'm optimistic. >> i'm also looking forward to tomorrow one thing that is interesting, baze of the banks or -- >> goldman, they did not make new lows you saw citi and bank of america and jp morgan do it and act very poorly we talked about jp morgan and fill that gap going back to early november, 2020, whether we had the vaccine move so they've led to the down side and i would say this, guys blackstone, they just did a huge deal in the insurance space. so this is the second. they did that earlier in the year or last year with aig so it looks like they are looking to do some really interesting moves, add assets under management and get into some new spaces in the downturn. so it is interesting. >> sots bank earnings will highlight the difference in the business mix

it is not a money center bank, that may be obvious. they're an asset and that is more than 50% of the business and that is why they've been -- they're trading as if we've gone through a major credit crisis and about to and i get that. and net interest to income -- right now as is good as i think it going to get. >> guy, when you ask the question about valuation, i felt like i sort of was in your head. i knew where you were going. but it could be a rough one in the meantime i mean, that may be where they should be in 18 months but after 18 months, i don't know if you are in the camp that the s&p 500 going lower, et cetera, et cetera -- >> that is the rub

i think some of the banks have discounted so much, i don't want to give away a later trade that is so bad it is good so i won't. but goldman sachs, it is more of what i considerate current levels make sense. i think goldman sachs quarter is going to be ridiculous in a good way. they proved last quarter with their trading and they'll do it again. whether or not the market rewards them remains to be seen. >> that is scary being in his head, by the way >> all right tune into closing bell on the interview with the wells fargo cfo. tune in. we those names moving and "fast money" is back in two. wow, we're crunching tons of polygons here!

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we'll go back to pre-pandemic levels an according to many morning's cpi report airfares are up nearly 43%. it is very, very positive on this one this morning on cnbc. tim, what do you make? >> the operating margin 11.6 was in line. that is a bit of a guide for the next quarter in terms of remember growth. very good environment. maybe not a lot of relief from airfare, excuse me from what feed into airfares but again they've begin us a lot of guidance along the way here and it is not really an issue about demand it is not an issue about international. it is not an issue getting pilots back to work and what not. >> airlines are saying the same thing and they travel come back when is higher margins for then so i think looking forward if we

do see inflation coming down we see energy prices coming down that is only a positive. and i think it is a great opportunity. >> favorite airline here, guy? >> delta is the best run. think value agations on most ofm are for me, mel. >> up next, walgreens, the stock gaining more than 5% after beating on the top and bottom lines. raising the long-term sales target facing head winds from a stronger dollar. we just talked about this, tim. >> i think it is a case where you got -- are tied to some other stories. they've also guided and given a much and i think this is a sniegts to have some visibility. think the pharma business is one that will rebound and there has been a lot of --

>> a downgrade there guy. what do you make of these? the stock is brutal. it just traded down to a multi-year low think october 7th, it is down 10%. but you did wrap your head around valuation, but at least now you could do some math and say even when the headwinds they face, i like that a couple of weeks ago i still like it now. >> taiwan semi, shares close at 80% jump in quarterly profits. yes i'm lk getting a boost on a report that it will get an exception. talking about cutting about so% for the year it is not immune to it now. >> and gep, we know this we have been talking about this. we have seen the announcements this is a sector that has

articulated the under-performance to many of the large caps to the market [ technical difficulties ] that is about 150. now that looks like a long ways away but a couple of more disappointing reports from some of the major components in here. the etf in this case coming in your direction so smh is one that i start taiwan semi and nvidia make up 20% of the etf >> and i hark en back to your ol name. >> taiwan semi >> that could effect taiwan. if the sector because of -- >> in the last three weeks and the headlines in terms of the that u.s./china chip is returning. but i'll say this, taiwan semi

core business doesn't fall under that category. they're in the ai. they're not really -- wise, at sp point you're starting to buy this and this is much of a green light when they caution for next year thalt working through bad event now. this is great numbers and this is why semis outperform. >> guy >> the day before the market turn is not trading well and this is one of the biggest companies in the world $243 billion market cap has not performed well but maybe today was that sort of capitulation and in terms of tsm, to dan's point, nibble into semis. >> i agree i do think we're getting closer to about a -- finally they got

priced in. >> coming up, nowhere to go but up the names that are bad they are good the traders have the picks of the stocks an the final trades next you'll always remember buying your first car. and buying your starter home. or whatever this is. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. we believe that your investments

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welcome back to "fast money. last night the chart master was here and we played so bad it is blank. carter gave us a few names and we thought the rest of the game to play that they think it is so so bad that it is good tim, we'll start with you. >> the taiwan semi, the skprt ban will have a -- and about a week ago and that -- supply disruption and dynamics have gotten a lot better. so if you look at them, i think we've seen a lot of downgrades and again we have to do this --

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>> all right i was worried about this game. you understanding the rules tv the context. the premise. so bad the chart looks really bad so what would you -- >> and the rest of the game helped me. i was going to say my hair cut, yeah, i was going to say, pretty damn bad that makes it so good but i'm going to say citi. today it traded at $40 it was $80 and even i could do that math. trading at 50% tangible book is

dumb it is so bad it is good. >> you followed the rules. proud of it. guy we're going to start with franl trades here and we'll start with you so five seconds. >> ready final trade. >> to gather my thoughts there is a marathon, off to the races. >> and tim >> we just talked about. it you look at the cpi -- great guide for for the fourth quarter delta is cheap. >> cory? >> i take a look at cvs and we were talking about walgreens i think it is a tractive and a larger more diversified place to look >> i think it is just a big flaming mess but whether we talked about a

tha little bit you i have to think about what is on your buy list. you'll have to arth in on these things this etf was trading 167 this morning closed at 181 and the low was 150 from march of 2020 so i think you start after this one. >> thanks for with jim cramer starts now my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. ♪ hallelujah ♪ because my job is not just to entertain but educate and put things like this in context because you're probably wondering what t