to stacy finerman, my sister >> but not naked short >> against stock thank you for clarifying >> happy birthday. i would be a seller of the 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 help you save some money. my job to entertain, educate, teach. call me 800-743-cnbc tweet me @jimcramer. sometimes it's about what side of the ball you're on. the offense on the feel from the

moment the bell rang when the s&p and nasdaq were in a foot race to see which can rise faster. but just when it looked like the nasdaq rally would continue for an eighth straight day, the whole market fell apart. turns out the offense had a false start. hence, the zebra outfit and my yellow flag and the rest of the day was game over leading again off 614 points, s&p not far behind down and the nasdaq held up slightly better, i guess, declining 1.24%. what happened? did the offense jump too soon? simple we realized that when a company lays off tons of people. wall street considers it a good thing. before the opening, microsoft announced it was laying off 10,000 people. the market seemed to rejoice as it did when meta fired people of

salesforce after that and dawned on people like the two others, we never expected microsoft to have a problem they never fumble. ball sure a couple weeks ago, the ceo said he would see tougher times ahead. who doesn't? microsoft stock goes from up $2 to down more than $4 by the end of the day talk about someone jumping you got to throw -- you know what you got to throw the flag. $5 penalty to repeat first down. the simple fact is when a company is well run like microsoft, it is not a good sign microsoft is longly viewed as one of the most tremendously stable growers out there one of the most robust cloud infrastructure platform aside from amazon. microsoft is supposed to be more consistent than the bloated tech outfits that desperately need to cut costs all those ridiculous enterprise companies that came last year.

began to hear from ceos in davos calming for a mild recession, mild it's mild unless you get laid off. that's not so good brian williams said on last friday's earnings call his firm's baseline was a recession but he spent much more time emphasizing the positive but an interview on cnbc this morning he sounded much more cautious maybe just the right thing to say after all, last night he got the ceo of united airlines reported a phenomenal quarter. he also said a mild recession might be in the forecast talk about a buzz kill you-all got hit with a peak trough $5 penalty. we can't overlook negatives because we got weaker economic data this morning. retail sales showing a nice soft landing and development. that caused the bond market to ignite sending rates lower which is normally great news for

stocks on the vast majority of days, a big move down would make traders dive head first. that was part of the illegal procedure opening. the simple fact is we weren't just dealing with an exit from tech this time while the pepsi co maybe the exorcist first, i got to tell you, the bears will be out in full force tomorrow we've reached the tipping point to slash stopping point where bad news is no longer good news. remember that whole mantra about keeping the fed at bay so that the rates are less aggressive? at a certain point, bad news is

simply bad news. a signal the economy is getting worl worse and you need to get out of stocks and endure everyone from the charters to say we reached a ceiling to the vix folks to the strategists who will find it easy to say i told you so truly a gigantic move. i want to call a legendary flight to safety you know what is really crazy. looking for a soft landing at 9:30 a.m. to a crash landing at sock 30 a.m. as the stocks and bonds started trading like we were headed for a nasty recession. definitely not a mild one. secondly, this is the point i'll make at the 12:00 noon investing club meeting tomorrow. i hope you attend. they are working on one of the most over bought conditions in ages we simply rallied too far, too fast not that everything is horrible like today but not all as bright

and rosey as yesterday are you hearing about big bank layoffs in wells fargo has its own set of problems and shrinking the footprint, which is a big positive. let's recognize despite bank of america brian williams new found caution, those were very, very good numbers the banks are on fire. i mentioned airlines had good numbers and j bb hunt the fourt largest trucker had good numbers and that's a gigantic positive as you hear later in the show. the economy is holding up just fine the problem lies in tech and i've been telling you for months on end, it's a problem we have too many enterprise software companies, too many companies that teach you how to code or code lightly or organize and analyze data or use the cloud or create new verticals or break down new verticals or break down old ver kticals o

premise, off premise as we get rid of the weak handed investors, we washed out those who got carried away like buying bitcoin above 20,000 or meme stocks that might not be stocks much longer. i was there illrilled to see bre in bitcoin that occurred on small volume the analysts didn't use the word sham or manipulation moved up by those who apply these. those players need to be thrown out of the game be carted off the field with fans cheering in the end, what can i say it's got to be done. just like the bulls were slaughtered today after the beautiful opening. bottom line, remember, there was too much joy in the field coming in and unnecessary celebrations, way too much taunting. when the last of the celebrities are gone, we can return to

normal it's going to take a few days. too many people caught on the wrong side of the ball ann in indiana, ann? >> caller: thanks for taking my call. >> of course. >> caller: happyclub member. thank you. >> thank you. >> caller: i'm still sort of confused about constellation i understand the numbers i understand what bill said about, you know, watching price increases and the structure changed. he's always so positive. he's a great salesman. >> what's happened is with jeff marks is that california weather is bad and a lot of sales are in california for constellation that's ma dell low and corona and the weather and i don't know what to do about the weather

i intend to own the stock for a long, long time for the trust and i suggestion that we have to weather the storms and buy more if it goes down much more but thank you for the kind comments and see you at the club meeting tomorrow how about damu in california >> caller: jim, i have a question about the company square the ticker symbol is sq. it's a little down today but i bought a lot at 180. i bought more at 130 i bought even more at 80 did i make a mistake >> i think you can buy more at 60 and then 50 this company is not worth $43 billion. sorry to be so tough about it. you know, i do not like tech when the last of the celebrities are gone we can return to normal fairly good market but right now, we got a lot of guys who are caught off side and a lot of guys, we just got to throw out of the game.

"mad money" tonight, covid recovery and what sectors are struggling to return to normal my take. the market is coming to the year hot but which way could earnings season swing the trajectory? i'm going off the charts to find out and keeping on a big trucker down in the premarket after its report but after quickly throughout the day, what should you make of the most earnings action i'm taking a closer look at the numbers so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on "mad m money. have a question, tweet cramer #mad #madtweets give us a call at bc miss something head to madmoney@cnbc.com.

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all week we're running a series i like where we try to make sense of how the world changed in the aftermath of the covid-19 pandemic. since covid, you know how people talk we've now had roughly a year since the last major wave. the omicron strain and that's enough time to assess the difference last night we highlighted the many copost covid winners becaue the pandemic left america with a life too short mentality i got a boom in travel and live entertainment and restaurants and gyms people are desperate to get out of the house and go places, see things, do stuff we also got plenty of post covid losers, the groups left behind by the society wide transformation of the last two years and it's major some of these are obvious. practically every business wants people to come back to work in person because it's more efficient. but there is only so much you

can do because white collar work changed permanently. we figured out the best at home. too many people want to go remote now that they can get away with it or do better. i'm willing to see the other side so tons of businesses have adopted a hybrid model where people need to show up three or four days a week i like to show up seven days but i'm didn't maybe that changes as the fed raises rates and we don't want that for now, it's reality. the persistence of remote or hybrid works translates into lower demand for office space. particularly center city office space. that's obliterated the reach stocks, boston properties trading before the pandemic and new 13-year, not week, year low of $64 early this month although it's bounced since then. they have gone from the 60s to around to over the same period incredible it's a source of tremendous strength how about this plunged from above 100 to a

13-year low and particularly dull investor day in december where they issued an awful full year 2023 forecast talking about generating $5.30 to $5.60 of funds from operations this year that is down more than 20% from what they're expecting for 2022. cut the dividend by 13%. when they cut the dividend, look, i'm not going to tell you you can't come back. that's a bad sign. what can they do you don't want to own office space in a world where there is simpliless demand for offices. they could rally today because some will see the great alternative to the wild and crazy bond market with interest rates that plummeted to unexpected levels on this morning's weak data. but i don't want you to over stay your welcome. i know you can only get 3.4, 3.5 on a treasury. read good dividends, you have much better options than the office space so i have to tell ya, these are companies i really loved over

the years but since covid, who else finds themselves on the wrong side of post covid world the meme stock crowd, the self-professed. >> allie: -- apes, you don't want to hear that. the mo vvie theaters haven't recovered. we have the final box office numbers for 2022 and they're pretty discouraging. north america box office came in at 7.4 billion last year that was up 64% year over year from 2021 and remember, in 2021 covid was full blast nobody wanted to go out. that's 7.4 billion number is still down 36% from prepandemic levels. when you think about it, how many companies have recovered that badly so after hanging on for more than two years since the onset of the pandemic, the owner of regional cinemas finally filed for bankruptcy protection in september of last year

cinemark finished down whoa amc's entertainment is down slightly versus late 2019 but that's because it's an annoying stock with a legion of individual investors eager to throw money at this thing no matter what and amc is happy to take the money but both amc and ape, the preferred class of stock, they created for these people especially for the memesters are down since august. you can't make this up it's a really bad sitcom that said, maybe the depressed movie theater business is more of a post covid hangover as people haven't gotten used to going back, jp morgan should note where they recapped the 2022 box office results actually upgraded cinemark. movie theaters lagged behind concerts or theme parks and blame this on last year's limited film supply. during the worst days of the

pandemic, it was harder to film anything by the way, that's why netflix has good content for most of last year until the new programs started hitting and the world went back to normal. maybe the same is true for the movie business and that's why jp morgan thinks stocks could make a full recovery. it happened until 2025 i am not so sure meaning actually i'm not sure. they definitely got a point about the limited supply of new films. that's going to change as time goes on. but can we stop kidding ourselves? the movie theater business was in decline for many years before covid came along you got so much stuff and so many ways to watch this stuff at home and compelling entertainment options. if all you want to do is look at a streaming service where the great writers and actors keep tryi trying to out do each other, i find it exciting some things are definitely better watched than the silver screen but no denying people aren't coming back to the

theaters the same way they're coming back to live entertainment. if you misa cos a concert, it m be years before you replicate the experience if you miss a movie in theaters, wait a couple months and you can watch a downgraded version at home life is too short theme the way other types are. we're a little tired of watching tv and movies. the format we want to do actual things. get out, touch things, do things, see things it doesn't help the movie theater case when people bought the stock for a tenth. popcorn went up but a fraction of the cost of theater popcorn at least you can eat it, which is more you can do with most the movie theaters have truly balanced sheets what more do you need to know?

this is not a thriving industry. no to memesters. i shouldn't have gone so fast. a balance sheet is not the same as a bed sheet it's a numbers thing without hospital corners who is to say they know what a made bed looks like. there are tons of ind us ind -- industries winning, we have losers that have taken a hit from the persistence of the office reads or haven't come back like the movies and that's not even getting into all the industries that got huge boost during the darkest days of the pandemic only to fall off a cliff as the world went back to normal here is the bottom line, we're more or less gotten over covid, there are some industries that haven't recovered and they may not be able to truly bounce for years to come. the office reads and movie theater chains are structurally,

that's the word, worse coming in than going to it other than clear winners and losers tomorrow, we'll start getting to the more borderline controversial post covid stocks. stay tuned but remember, since covid we don't go to the office as much and don't go to the movies as much since covid, "mad money" is back after the break. >> announcer: coming up, as earnings season ramps up, where can you find the bull market cramer goes off the charts to find out next

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you hmay not recall a day after today. it got off with a bang and now earnings season is upon us, we're pulling back hard. you never want to come into earnings season too hot because it sets the stage for

disappointment even if the underlying numbers are good. i have reservations about this earnings season in particular. really, what we're seeing here is a pif vid towards market driven in the closer to the next meeting at the end of the month. although today's decline shows when you get softer data, it may keep the fed from tightening too much but provides evidence that the economy might have a hard landing. that was a big thesis for today and we got to avoid that if it gets bad enough as people thought today, i don't know if we're there yet, let's say you get a lot of days like today i don't think we're there yet. for now, what matters are individual earnings reports and conference calls but those are all over the place and more important, it's hard to tell which reports wall street will take its queue from.

we had a great example yesterday. we had a terrific set of numbers from morgan stanley and awful set of numbers from goldman sachs. i thought all anybody cared about was gold man the negative nancys won the day. i have to tell you, my charitable trust owns morgan stanley. wow. great quarter. we need a better sense of which way the market might lean over the course of not just this week but the whole earning season that's why tonight we're going off the charts with a brilliant technician she was the first woman on the active trade desk at fidelity for the director of advanced director of product and educationed a options play but she's still consulting with all the major brokerage firms plus, you can see her every tuesday on fidelity's weekly options trading show called "in the money. in early december, we were warned the market might be in for a bumpy ride a week before

the big selloff. she nailed it which is why i want to bring her back on for today. take a look at the daily chart of the s&p 500 it points out the earnings season often a source of volatili volatility you tend to get a lot of strong ral rallies and declines while trading. the s&p 500 has been stuck in a downturn for over a year at this point. no kidding you can see the down trend line is acting as a ceiling of resistance, really remarkable after this market ever since the fed declared the crusade against inflation back in november of 2021 we've never really been able to breakthrough this incredible ceiling. titanium there have been occasional bounces that took us pretty close. almost almost when you look at the last two earnings cycles, they led to powerful rallies as the numbers came in better than feared thanks to a resilient consumer you see this and this. okay but both of these runs came to a halt below the down trend line

that i just mentioned as wall street started worrying about the fed again. the market can only be good as we knew jay powell kept bringing the pain this time might be different they say we're not in the same setup as here. we're here look where we were when the second and third quarter earnings season started. the s&p was very close to the low end of the trading range we were in the valley of despair then earnings season got rocky before eventually propelling us higher when fourth quarter earnings season got rolling, the s&p 500 was right below the ceiling of resistance we pulled back over the last couple days with a few important quarters stronger than expected, we could see the s&p potentially breaking out to the upside because it's so close right now. it's a whole new ball game is it likely how about this the jaguars came back from 27-0 against the chargers when they

shouldn't have been in the playoffs expect the unexpected. the s&p is well above the 50-day moving average the 50-day is the red we see that well above here it has been trending higher for two months that's a pretty encouraging sight. and even if things turn ugly like we have more days like today, there is a floor of support formed by the market's bottom in october, okay? right here where it stabilized late last month. this is the floor that props us up when the market got clobbered in december before it turned into a spring board for the early january rally. let's remove some of the noise and check out the s&p weekly chart. now, first, i want to look at the moving average converging or mack d line down here. this is what we'll focus on for a moment remember, it's important momentum to help predict changes and the trajectory of the market since the mack d fired up a buy signal in october, jump to here, where the dark line crossed

above the light line, we had a terrific run skip points out we're looking at a bullish diverging here when the s&p makes new lows, the mack d makes higher highs mack d pretty good here, right versus what you seen all the way around here. you know what? that's generally positive sign but, big but, negatives, the s&p is running up against the ceiling of resistance. don't like to see that you know, you can see that we just are just not -- well, nothing is perfect the indicator that many are looking at, then there is this cloud. you see the green and red lines? a lot of my friends who are technicians like this thing. they're part of a technical tool that combines a host of moving averages to give you an at a glance read. it's still red not a good situation it's above us acting as another ceiling of resistance. in short, we need a catalyst to

breakthrough this level and turn things around without a positive catalyst, she's not feeling silent but this is earnings season finally, we need to talk about a theory i don't like. tech because bear markets rallies tend to be led by the worst performing sector, tech. and lagged by the best performing sector, in this case energy most of the tech energy companies report next week and the week after and the two busy's weeks of the earnings season look at the xlk. that's technology select sector spider etf according to end skip, if we want a rally to have legs in this environment, we need tech right now the xlk is under 130 looking at the 50-week moving average. okay so pretty low. before it hits the first celling of resistance with the cloud

giving us another ceiling above that remember, that's the at an ambulance technical tool i mentioned earlier. there is still some movement for tech to lead us higher after the staggers runs over the past couple weeks we had seven straight days of the nasdaq go up but better than feared earnings before we can get a breakout and i told you i don't think we'll get them the bottom line, the charts interpreted suggest we're at a very important moment where the s&p 500 found equal librium between the floor of support something has to give. that means this earnings season could prove to be decisive good numbers could give us more upside than we've seen for the last few quarters but bad ones mean the s&p is down to the lower range and looks like as i disagree, there is no in between. let's take phone calls let's go to sunny in illinois, sunny? >> caller: jimmy chill, big chicago windy city boo-yah to ya

my friend. >> benny's liquor boo-yah back at you if you don't mind [ laughter ] >> caller: my favorite place listen, i want to take the time to thank you for educating and entertaining us little investors. >> well, you know, first, you're not little i mean, that's the kind of stuff i got to discourage. we're all the same size. some have bigger mouths, you know >> caller: we're little compared to your buddies at gold man, you know >> i know solomon. i could probably name three people at goldman. there is like 40,000 there were 973 people at goldman when i left. interesting, huh go ahead let's go to work >> caller: well, listen, i wanted to talk to you about a company that's been saving lives for the past couple years during the pandemic couple of analysts downgraded pfizer recently. is now the time to build a position or wait for a couple more analysts to downgrade and possibly get it cheaper? >> okay, i think that you're getting it cheap here.

i listened to dr. borland around 5:00 a.m. and thought he had great things to say. it is yielding four times. then i buy some if it yields four again because this is a good story and talked about something almost like 20 new compounds coming sounded exciting i was going to say buy it for my charitable trust but we have a lot of drug stocks the chart suggests we're at an important moment, crucial moment the s&p 500 found an equal librium. the results could prove to be decisive decisive for some and not others does jb hunt have what it takes to cruise higher after earnings or a learning lesson or both i'm learning through the report and covid changed our lives as we know it but we emerge from

the depths of the pandemic, how should it change your investment strategy maybe just look around and see and all your calls, already fire in tonight's edition of the lightning round so stay with cramer [office sounds] ♪upbeat music♪

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(hero) have a good weekend! alright now... have a good weekend. (co-worker) but it's wednesday... (co-worker 2) see you monday! (co-worker 3) am i missing something? (hero) it's the weekend baby... see you later. (vo) like getting things two days early? when it comes to payday, you can with wells fargo. (co-worker 4) what are you doing this weekend? whenever i try to teach people how to pick stocks, i always start with a conference call if you can go to a major company's conference call you can learn about the company and an industry everybody connected. part of what i call the craft. meaning the skill set you need if you're going to manage your own portfolio. rather than sticking an index fund as i do for my own retirement money, today, jb hunt, come on, america's fourth

largest trucker, don't tell me you never heard of it. it's behind ups, fedex, put on a clinic for all to see today. highly educational call for me down right electric. it's one we get a lot during earnings' season please wait until you listen to the darn conference call before you take action. this morning the jb hunt stock was down 5% before the market opened after it reported sharply lower than expected sales with the market looking great made 1.92. looking for 2.44 on top of $200 million revenue short fall there were hardly any positive lines in the release so the traders panicked and sold it before the market even opened. but as i always tell you, not so fast when the call started before the market opened and averages tanked, jb hunt stock started to reverse premarket trading and then the market opened jb hunt

opened higher, not lower and ended up edging out moderna to be the best performer up $8.73 and to think that moderna just announced a revolutionary vaccine for rsv a deadly virus people get when stuck in the hospital let's see. let's figure this out. potential blockbuster vaccine versus a trucking company. today we got evidence moderna might be a drug company but the stock did worse than the fourth largest truck there reported an earnings implosion and if you own j.b. hunt, you could have capture that gain simply by patiently waiting through the call second lesson. you have to know the history of a stock to understand the earnings situation and know whether to buy it or sell it back this march of last year, not long before it reported, j.b. hunt made a high and then just plummeted a month later, the company reported a significant amount of numbers as good as today's quarter was bad. rates were soaring

demand was incredible. drivers in such short supply they had to pay up those were the days for the trucking industry where jb hunt is the leader. those numbers didn't make a bit a difference because the stock market is a forecasting machine. money managers had no interest in that quarter because to them, it represented the peak of the trucking cycle, the last good quarter and it was all downhill from there and they knew it was going downhill because that's what happens when the fed tightens aggressively sure enough, the stock kept sinking all the way down to $154 long story short, jb hunt peaked in march of 2022 when their business was on fire then the stock plunged from 218 to 154 in a matter of months as this period included a tremendous quarter you didn't need secret insider knowledge to recognize what the real problem is here you could have seen the cracks in the business if you knew where to look, the spot market trucking prices, the one off trips available everywhere i gave them to you what caused the peak it turned out when it came

right -- the peak came right when the consumer switched it's just when they shifted and went from buying stock to stay at home economy to spending money on services collectively realizing it was safe to go out. since covid. covid was a deadly threat and over to most people thank to the vaccine. time to live it up because life at last is too short hardly any merchants saw this coming that i have endless demand to the point they kept anxiously ordering and ordering and double ordering they wanted to meet the consumers demands overseas manufacturers could not get enough product the mega techs couldn't put up data centers fast enough turned out there was a class sir inventory bill going on from appliances to decking to plumbing to dining room tables, office furniture, personal

computers and demand dried up suddenly and everybody was stuck with tons of excess inventory, bad news for the truckers that service the retailers. taking ages to work off the inventory and didn't help the fed kept raising interest rates when people buy on credit. eventually all inventory gluts come to an end when retailers stop ordering and start cutting prices to unload merchandise why do i bring up this economic's class jb hunt stock peaked before the business peaked and the stock will bottom bump the business bottoms and for the trucking business to bottom, the inventory glut needs to end and it's going to. which brings us back to the conference call. while jb hunt's numbers were awful and the call management made it several times, the inventory glut was almost over oh, it was ugly. being pressured more than anybody thought unseasonably soft demand explaining cfo in what i thought was an

understatement but there were green chutes, too. nicholas hobbs, quote, demand for big and bulky product including appliances, furniture and exercise equipment moderated as head lights might suggest but we've seen strength in the fulfillment business with price retailers seeing opportunities with discounted inventory in the channel, end quote you know what that is about? the inventory collection is ending while jb hunt doesn't give you a forecast, i told you that many times, you can glen plenty as senior executive bradley hicks said quote, we do expect sometime maybe in the second quarter going into the third quarter with inventory resets we would fully expect to see. the president said quote we have confidence from what our customers are giving us and the data points that have, that they have translation. okay just like the stock peaked when jb hunt was putting up magnificent numbers, the stock

bottomed today because the numbers are hideous anyone that sold the stock down 5% learned the hard way, the lesson you'll never do that again. the bottom line you had to list p ten to the conference call and get the full history. the stock may not go up 8 points tomorrow but you know now why it went up that much today. "mad money" is back after the break. >> announcer: coming up, your calls on the thunderous lightning round, next. (woman 1) i just switched to verizon business unlimited. it's just right for my little business. unlimited premium data. unlimited hotspot data. (woman 2) you know it's from the most reliable 5g network in america? (vo) when it comes to your business,

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it is time, it is time for the lightening round your calls, rapid fire, play thissound and then the like p - lightning round isover let's start with craig in kansas, craig? >> caller: hello, jim. thank you for taking my call i'm wanting any information you can get me on sofi. >> there was a report that came out this week that said they are like many other banks, struggling with the idea that rates went up really fast much quicker than they were ready for. i don't know we'll have anthony back on let's go to brian in south carolina, brian? >> caller: hey, jim. how are you? >> i am good, brian, how about you? >> caller: doing great you had done a segment on a small oil and gas company, maybe eight or nine months ago and i

started a position last month on the pull back and it looks technically like it wants to break out. unfortunately, they seem to be doing all the right things but there is no real analyst coverage on the stock. >> okay. okay >> caller: hpk. >> high peaks very inexpensive stock versus every single other oil company. you have a good idea move up. i do like it very much tad in north carolina, tad >> caller: boo-yah jim from the tar heels state. >> good to have you on the show, what's up? >> caller: technology -- >> this is an amazing company. it helps people having organ failure. big spike up because of the way it was presented at jp morgan. i waited for pull back but i think this is a total winner let's go to john in ohio, john >> caller: jim, how are you doing? >> i'm doing well. how about you? >> caller: thanks. love your show.

>> thank you. >> caller: i'm a long term investor and calling about virgin ga lactic no doubt significant customer backlog and 22% of the shares are shorted and some long term looking at this, is virgin galactic -- >> john, as i listen to you say it, i kind of never thought i'd say this as a spac that sounds good got some customers there could be a squeeze going there. i don't encourage short squeezes but you may have a winner. mandy? >> caller: hi -- >> you're up how are you doing, mandy >> caller: i'm doing well. how are you? >> i'm doing well. thank you for asking >> caller: thank you for taking my call. >> of course. >> caller: shoutout to you and your crew. >> all right >> c >> caller: my grandson and i love your show big fan. >> tell him thank you.

>> caller: thank you i'm thinking of taking bhp or do you think it's better -- >> look, why don't we wait until after tomorrow bad numbers tonight and people will associate that with bhp good to got caught up in the negativity wait a couple days and then pull the trigger. i like your thoughts let's go to sam in colorado, sam? >> caller: jim, how are you? >> sam, doing good how about you? >> caller: i'm doing all right how about them birds doing pretty well. >> go birds. don't want to get too excited. i'm from philly and don't want to get too depressed what's up? >> caller: my question is a great company out there. really well positioned in this environment where input costs are coming down yet consumer prices remain stable got a question about -- >> unilever is a good company.

i think it will be good. it's not going to run overnight. and, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade >> announcer: coming up, does the phrase since covid sound familiar cramer explains how your investments change with the facts of life. look! what's up my trade dogs? you should be listening to me. you want to be rich like me? you want to trust me on this one. [inaudible] wow! yeah! it's time to take control of your investing education. cut through the noise with best-in-class education resources that match your preferred style of learning. learn your way. not theirs. td ameritrade. where smart investors get smarter℠. [music - cover of blondie's “dreaming”] learn your way. not theirs. [music playing] ♪ imagine something of your very own. ♪

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the cynics love to laugh when i talk about our life is too short. the revenues from the theme parks, the analyst knew rising price of plane tickets or reserve reservations in the wilderness or national parks anyone that can't see this is fooling themselves what is actually happening around you as i said this morning when utla was busy hitting new highs, you need to know the thing is people want to go out not just because they're sick of being shutout and want to look their best but because they're afraid life is passing them by. needlessly given the incredible advances by the drug companies feel their job is horrendous and saved enough to retire it's not like this is a new story. in the aftermath of world war i and the spanish flu, we got the roaring 20s there for you to see.

we're seeing the same thing because life is too short. why is this so hard to grasp this business for more than 40 years, i know why. wall street is great at predicting the things. apple has more demand than we thought. time to rotate the defense into the more aggressive growth stocks but it's not so good intangibles and yes. you can't fit life is too short into a spread sheet. sometimes you have to recognize the change when you see it i remember when we first got personal commpucomputers. my old college roommate back in 1986 showedme something amazing. email. he said one day this will be the way people will communicate. i didn't believe him at first and then came around to it the concept helped me make a fortune during the '90s tech boom email changed your life. that's what it did i met someone from microsoft who told me that one day we would be seeing short and long

form video on the web. so be prepared for it. when netflix went from disk in the mail to watch online, i was there. it changed your life that's what i did. it happened. when i wrote my first book i was interviewed by amazon. i wanted to meet with people from amazon and borders. i flew out and spent the day the books were mostly sold on amazon i couldn't believe it. amazon changed your life that's what it did the problem now is recognize the most common words you hear no matter where you go no matter what country you're in and age group you associate with, the number of times you hear, you say since covid is extraordinary. the completion of the sentence usually goes something like this, i have to make up for the time on earth and been given a gift of living i have to see the world. that's what it did so while it's worth more than email or long form email video or e commerce, it's just as

meaningful the pandemic transformed everything that's what it did and we need to invest that way like we did with the other changes because it will be just as rewarding i like to say there is always a bull market somewhere and i promise to find it here for you on "mad money. i'm jim cramer see you tomorrow investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ to bring a child's imagination to life. hi. i'm alex furmansky from palm beach, florida. i'm raising $100,000 in seed funding