seng, xfi the one to do. >> mike khouw. >> beer over coffee. i like constellation brands. >> that does it for us happy father's day, everybody. have a great long weekend. we're back here next friday, 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 hi, i'm cramer welcome to "mad money. welcome to cramerica i'm just trying to save you a little bit of money. my job, educate, teach, put into context. call me. tweet me what a run we've had almost too good to be true even as it fizzled, dow only

finished 109 points while the s&p dipped and nasdaq lost started out okay day then got close. probably because cash is paying so much. possibly because the fed does nothing but scare us constantly. there's still plenty of money on the sidelines. if we get the long awaited selloff a lot of people feel will happen, including me. five weeks of gains, it would make sense probably won't be that devastating because i believe people are starting to sense stocks can give you a better return than short-term bonds even if they're riskier. the next decline if it happens will be a bullish decline. is it too complacent to say buy the dip? i don't think so the market's overbought meaning there's been too much concentr concentrated buying. that's why we've been letting some stock go for the charitable

trust. if you just became a member of the cnbc investing club. why not wait for a pullback? isn't that the right move? we're not putting money back into this market unless we get severe price breaks for the market as a whole. i know many people are itching to get into the market at all costs. i think it's a mistake to be that desperate at this point, after the runs we have seen, especially in technology, i think it's going to be worth your while to wait for a price break before you pull the trigger there are enough high quality stocks, environment like the health insurer this is week. more on that later so why not wait? why not be patient that, the people who are patient and let it come down are the ones what are going to make the most money here. that opportunity coming in one of my favorite areas

aerospace. we're closed on monday for juneteenth, now a federal holiday, but in france, they're holding the annual paris air show where aerospace companies from across the world tell us how they're doing so let's pay close attention to ratheon i bet it's doing very well thanks to the endless demand from worldwide travel post pandemic you know, the airlines worldwide almost all need new planes and well, there you go i think we get the same exact thing the next day from general electric because of their aerospace business also on ds play at the air show. that stock has been a tremendous performer. the seventh best as the ceo has really turned things around. no one denies that giant backlog. incredible after close tuesday, we'll hear from one of the most exciting situations in the market fedex. i bet raj will talk about the

cost takeout the same time as business getting a tad better because there's been a nice increase in ecommerce in the past few months. can he raise numbers in may be a stretch but he's todoing an amazing job. and be sure to watch "mad money" as we're going to be coming to you direct from the motor city where we'll spend the day with jim farley the explosive, i think terrific, ceo of ford. i like the stock very much but it has been stranded ever since he announced the team up with yes, elon musk, for tesla charging stations. can't wait to get into the ford race proving they're in business and on the racetrack i might actually do some driving. that could shock everyone. especially my wife on wednesday, we've got an analyst meeting that could be problematic. that's dollar tree, which recently reported one of the worst quarters of the year now maybe they can straighten

people out i'm knot going to feel confiden until i hear a real plan of action that can make this thing start going back up and i know we don't have it yet i know we just had the fed meeting and went through all that, but jay powell has new got to spend two days being grilled on the hill first by the house then the senate about the economy. i hope he's asked about how the bring down the cost of housing because that's responsible for most of the inflation we have got right now and there's got to be a better plan than destroying the entire economy just to get cheaper rent how much are the home builders making maybe kb has some solutions for how housing prices can come down shocked up with a tremendous number this week that i bet kb can do the same. lots of people got excited about this week's ipo of kava.

the restaurant chain started off double from what the deal was priced on just the first day of trading going to get a lot of people thinking about coming public on thursday when we hear from darden, will it make us feel similarly good about its business i think it might the stock's been strong. people are spending an inorder nant am ount of mundining out. samsera, i predicted they would say good things at the analyst meeting. let's see if they tell a good story. i believe we'll be excited about what we hear from mongodb. it's a popular developer data platform this is enterprisesoftware not the kind you and i buy that allows you to build applications to scale i know it's loved but the 100 point gain in less than two weeks might steal some of the

thunder. next, elliot management took a big portion of nrg this is the first time around for elliot second time they've gotten involved with this one and helped bring about some positive changes. now the firm is unhappy. they think things have lapsed back into negativity i wonder if they can offer its critics when it holds the investor meeting i think elliot's changed i don't blame him. finally on friday, car max reports. wouldn't surprise me if they say used car prices have come down i expect used car sales to beginning a long decline down. that's great for car max they make more money if that happens. and we have one more analyst meeting i think is going to be terrific has been most of the time. two times when they didn't die out, but dexcon. they make the best monitoring

systems. i think that business is incredibly good. i like the medical device business across the board. i think they raise numbers bottom line when i say the market gives you chances to get in, i'm reminded of how they are violent moves constantly happening. like the t-mobile one. this week, humana and united health i'll have a ton to say about them later in the show emotional horror show followed by rational buying which remains a very good set up, indeed tanner oregon >> hey, hello. so nice to be talking to the voice of intelligence. >> tamir, i can't hear speak up go ahead >> it's such an honor to be talking to the voice of intelligence on wall street. >> you're very kind. you're very kind i'm sure trying.

some of these weeks are pretty hard what's going on? >> well, i just wanted to get your take on campbell soup company being around a 52-week low. >> mark claus, on the meal side, it wasn't good and he so much has said so on air i think they're going to start annualizing some decent comparisons. the stock yields three mark's terrific. if you can get that stock at say 45, $44 and willing to put it away, i think they'll fix the meals business and you'll feel very good about the situation. the stock is down 18%. that's offering an opportunity rajeesh in connecticut >> thank you for all your wisdom >> you're very kind. go ahead >> i'm a long-term listener,

thank you for that maybe having -- what's your opinion, is it down to -- >> i read a very interesting q&a with hall lawton, the ceo, who's terrific i came away thinking that the long-term trend is very clear. people are still moving to the suburbs and the country. they're fixing their place up. it is really a play on feed and they sell more feed than anybody. i like tractor supply down here way down below it's 52-week high it is a one off trader but i think tractor supply is very, very good. david in massachusetts >> mr. cramer, thanks for your time it's a pleasure to speak with you. >> appreciate you. >> my question is about bank of america. i watch your network all the time i see mr. monahan, mike mayo on

it a lot they love bank of america. but one thing that always gets me, they never talk about merrill lynch. it's like they forgot about it no advertising it's never mentioned >> you know what, i agree with you. i want to bring that up because i grew up where that is the absolute best, best, highest quality. the problem is the banks are not being bought by anyone i think we're seeing yield not enough people worried about banks, credit, the fed. which means that if they mention it or not, bank or america going to stay cheap. i don't want something to stay cheap. i want a stock that fwgoes high. i know people are itching to do some buying. i absolutely get that. but i say no i want you to wait for your favorites to come in and then pull the trigger. but not before then. maybe we miss a few points i'm willing to accept that "mad money" tonight, dominos is

looking freshly prepared analyst notes that helped the stock catch fire where do i come down on the story? i'll give you my take. then the market has been worrying this week but i don't want you complacent this week. you never know when the next shoe could drop and i think it could be soon. that's why we play am i diversified. to see if the portfolios of cramerica can stand whatever the market throws them then in the healthcare space, it's too big for us. i'll reveal what it is and what you should do about selling. so stay with cramer.

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what in the world just happened to dominos pizza this week that sent the stock soaring from $298 to $331 including a 6.5% gain yesterday alone? other than the red hot ipo boosting the resctaurants, there's nothing going on except for bullish analysts notes it's pretty amazing. they were published on tuesday and wednesday. they moved the stock piper initiated coverage of dominos with an overweight rating then steeple from hold to buy raising their target to 350. those two calls resognating with investors in a fashion we

haven't seen on wall street in ages that again is part and parcel of this bull market attitude i keep telling you about. now, this move this week makes a huge term for the stock. as of last month, the pizza stock had plummeted to its lowest level since mid march 2020 right when the pandemic was beginning and its late may lows, it had almost been cut in half you know what i mean from 2021. these guys have been struggling. with their post covid hangover along with higher commodity costs and those that have caught up with them on the digital front. this is so strong i can't even cut it in half so what did these analysts say after a year and a half of stock backness turns out it was company weakness, too. let's start with the nashinitian of piper sandler this was part of a broader knowledge of coverage. what's known as the limited

services restaurant sector from 2009 to 2018, the space grew t a a much better clip than the full service space accounting for nearly two-thirds mullen breaks down the limited service restaurant into two groups franchisers and owner operators putting out that wall street tends to favor franchisers more when the economy goes down right now, most of the stocks are on the more expensive stocks that's why he's selective and he only recommended dominos an wendy's. he said he was worried about competition from door dash and uber eats. for years, it had its own driver network. door dash can make a mom and pop competitive. at least in terms of delivery. but this analyst at piper has changed his mind because dominos has changed itself maybe turning into a better company. after this, these delivery

worries are very much baked into the stock. so it's not that bad the worries that have kept domino's down are worries about the pizza category as a whole. domino's remains one of the strongest operators. it's going to be just fine keeping share even without joining the third party delivery service which takes a huge bite out of their profits the city how big a bite. whoa wow! thank you. of course, piper sandler had a pretty bearish outlook for the next couple of quarters talking about negative same-store. never talk with your mouth full, mom. thank you. but in the end, the argument is that the stock simply performed too poorly versus its peered it's going down and tdown if everything goes right, mullen believes it will go higher and

sure enough, that's what happened a day later not because things went right. because another analyst decided they liked it. on wednesday night, an analyst at steeple upgraded from hold to buy. one, two, making even more compelling argument. the same negatives, company had a couple of rough quarters but points out the stock's gotten cheaper. after spending time with management, by the way, which i like, he feels pretty confident about the future quote,over the next 12 months, the company will stabilize delivery sales and continue growing carry out sales to new record levels. further, he argues, better sales performance, lower commodity costs and higher labor productivity should boost f franchisee probability i like this. as with the piper analyst, doesn't think the current quarter will go particularly well so don't expect to blow out this one. but he expects lower costs can provide support ifs earnings in the back half of the year. i like this.

i think the core thesis is solid. i especially like that steeple noted because it enters new information. for example, this week, domino's hosted franchisees and operators as its headquarters which may be the first time this whole group has gathered since 2010. that doesn't make sense. they should be getting together far more often by the way, that is exactly in 2010 is when we started recommending this stock. it was at ten bucks and change and once they changed the recipe for more than $500 in 2021, one of our best picks as of yet. the purpose of the gathering was to educate them on systems that ill proved service times and make restaurants more efficient. these are the things that may have been deprioritized by franchisees during the pandemic when they were simply focused on making sure they could staff their stores and answer the phone every time it range. but they may have held this

gathering to communicate the importance of services especially in the advance of a new loyalty program. this is another point that was news to us this domino's is rolling out a new app along with other improvements for its piece of the pie royalty program. during the pandemic, i said they had the best technology. thafl that was true then it's hard to make that case now. these days everybody's got access to a good set up. but if domino's can get back into a leadership position with its digital ordering platform, sales should improve substantially. at the same time, steeple points out lower commodity costs will boost profits which in turn will make them want to open new locations and that's the life blood of a franchise model we've got good napmes in takeout sales. a takeout order including one that starts with a digital

ordering platform is more profitable so that's a real president obamaive i think this pair of positives as they note especially in the upgrade from yesterday has shaken investors and make them take a fresh look at the stock which many had given up on a year ago after some poor performance. i'm feeling more positive about domino's than i have in a very long time. it's still relatively inexpensive. trading at 22 times earnings estimates. historically, that's been a good price for domino's but i got to tell you. if they can get their inconsistent performance to be consistent, then 22 times earnings is a great price to pay. now that things are improving, it might be worth it bottom line. while the next earnings report likely won't be anything special. don't buy it for the next quarter. after these two notes, i'm peopling the domino's stock must be bottoming isn't that what's going on

i'm giving you my blessing to pick up a box and the stock, too. leave some room to buy more if it gets hit on the next earnings report because it will probably not be that good of a quarter. stock will go codown a bit theno buy and eat. "mad money" will be back coming up, spread the wealth and protect yourself find out if your portfolio has what it takes to make it in any market am i diversified is next

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plan today, feel comfortable about tomorrow. massmutual. you've seen the markets in the past few weeks and while it's easy for investors to take a victory lap right now, the better move is to check in on your holdings to make sure you're prepared as jeff and i do

every morning for the investing club that's why we're playing am i diversified. maybe you're too concentrated. let's start with kc this illinois what do you have for me? >> hey, jim. thanks for taking my call and for your awesome market wisdom >> thank you >> i'd like to know if my portfolio is diversified with these stocks abbott labs. ehp. jpmorgan, ratheon technologies and cisco foods. >> okay. very interesting here. i love the mineral sector. food services. it's an interesting business inconsistent right now, but i do like the, new management there is great raytheon on monday, we'll know more abbott is consistently good but

not enough to track buyers we have a bank, a drug, a mineral, a food service and defense aerospace. that's the kind of portfolio i like to see. some nice dividends here, too. next iss alex from new jersey. >> thanks for taking the time. five if one doesn't work, i'd like to slip apple in there for ten. alphabet, nvidia, meta, amazon and tesla. pretty tech heavy. >> wow yeah look, we have a lot of these stocks for our charitable trust portfolio for investing club this is only these five. leave tesla in, make that auto, not tech we'll keep amazon because i think they're going to have a decent quarter meta we think is good you know nvidia, own. don't trade.

i know you want to substitute apple but we're going to have to put some other stuff in here we're going to have to add, put in eli lilly in instead of alphabet then let's put in morgan stanley instead of a meta then we've got more of a balance and we'll get a little dividend protection from morgan stanley this is way too tech heavy and i think if tech takes a hit, you'll take a hit and alex, my job is to protect you from that so you've got to make those changes. i know he's got a lot of stocks so we have the charityable trust but that's too concentrated and that will get hit if things go bad. george in pennsylvania >> hi, jim my five are, yeah, i'm a bison >> my wife's on the board. >> yep and your niece. >> daughter. >> had her fifth anniversary

i had my 50th. energy home depot, mcdonald's, microsoft, and alliance bernstein. >> interesting portfolio interesting. i like the home depot. stock's holding fine nice yield at bernstein. another nice yield with nextera. microsoft is doing well. i know it's expensive but i think this is the run of the table for them with ai mcdonald's, we had tech, retail, utility. that's perfect congratulations on your 50th from buck nell in lewisburg, pa. mandy in maryland. >> boo-yah thank you for taking my call i love your show i watch you every morning and evening. >> you're terrific thank you. thank you. we do our best >> thank you

here are my picks. drmri. gici >> okay. vici okay excellent mineral stock. salesforce off the grid after weeks of weeorking but what a great week they had. nextera, a good utility. crown castle, that's a, it's a antenna play okay and for cell phones, cell phone tower. not a good business right now. vici, excellent property real estate investment trust but we're playing am i diversified that works for yield it's a tower play. it's different from a casino play, which is different from utility and different from enterprise software.

so i'm fine with the portfolio i do like if you want to be in that business, you should be in american tower not crown castle. joseph in washington >> boo-yah >> boo-yah >> young investor and club member here. i've been watching you since march of 2020 when i began my investment journey just want to say thanks for all i've learned my top five stocks are sofi technologies, nvidia, apple, waste management, and duke energy am i diversified >> wow first of all, thank you for the kind words glad i got you started sofi got downgraded. when this services company, it was at four bucks. we said are you going to do well or not going to double. so that's terrific and i want to stick with that fintech. waste management stuck at 160 but i think it's a great diversified business and it's really more lever today believe it or not, the development of housing projects because that's where the most

trash is that they deliver from. apple own it, don't trade it duke's fine. and nvidia, own it don't trade it two own it don't trade its we have a concentration, two out of five are tech it's very difficult for me to say sell those stocks. finance, let's call it a mild industrial utility. and then two tech. not perfect. okay but i can't tell someone to sell something when i say own it don't sell it. i would like to have more stocks that would dilute the impact of having so much tech in this portfolio. "mad money's" back coming up, what happened to umh? doing your homework is the best insurance. cramer's got some triage, next

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still one more positive week for the overall market we need to spend a couple of minutes talking about one corner of the market which is truly horrendous some of the worst action i've seen in years for one group. the managed care sector. >> sell, sell, sell. >> the problem with this cohort started tuesday night when the cfo of united health group made a presentation to golden sax healthcare and was asked about utilization trends in the second quarter. when you're in the health insurance business, the last

thing you want is for people you're insuring to actually need your healthcare. utilization is real bad for this company. in the ideal world, they want to collect premiums then utilize and do nothing out of nowhere, rex just dropped a total bomb he said unh is seeing elevated member activity. especially for the medicare business with a particular emphasis on expensive outpatient care activity. rex singled out procedures for hips, knees and other types of care that are in high demand from elderly patients. in other words, united health is going to have to spend a lot more money on patient's bills than anyone thought going into that meeting the cfo described this trend as, i quote, pent up demand or delayed demand being satisfied, end quote. during the pandemic, all sorts of non-urgent surgeries were delayed but non-urgent doesn't mean unnecessary which is why

this stuff is happening now. the ceo explained quote, as behavior's normalize across the country in different ways and mask mandates are dropped, especially in physician's office, we're seeing people more comfortable accessing services for things they might have pushed off a bit like knees and hips, end quote. that makes sense probably shouldn't have come as a huge shock, but as a result of these senior citizens getting much delayed healthcare, unh expects its medical cost ratio will be towards the higher end of the previous full year forecast again, the managed care industry is the amount insurer pays to cover healthcare costs divided by the amount of collected premiums the lower the medical care cost ratio is the better. when you hear the number's headed higher. let's just say for the stock however, i think wall street's reaction to the news was i'm going to say a little extreme. unh's stock plunged 6.4% on wednesday, dragging the entire

industry lower more importantly, humana has been a disaster and total negative pin action. the stuck plummeted more than 11% on wednesday then tumbled another 4% today. brutal just absolutely brutal i said i knew i would be crushed at our morning meeting did i know it would be this crushed? maybe. why is humana getting hit harder than unh well, because they said it was a problem with medicare advantage patients and they get a much larger percentage of people which represents around 78% of the business still, we need to find out how much exposure they have. are they seeing the same trends at unh initially, humana was quiet on tuesday. they had a full board meeting that day and did not respond to inquiries but this morning, they broke their silence by filing an 8k a public document. where management previewed some

of the management through a series of meetings we'll be speaking to large scale investors. what can be learned from that? first on a positive note, humana reaffirmed its full year adjusted earnings. but on the flip side, they also said their medical cost ratio will come in near the high-end of previous guidance the same issues that are hurting unh. so company plans to still make its full year earnings per share guidance and they're going to do it through cost cuts, higher than expected investment income and other business outperformance people didn't care though. plus, they noted that they factored the high utilization trends into their 2024 medicare advantage biz which submitted early last week. again, people didn't care. in the end, nobody cared that the company reiterated guidance.

just totally ignored all they cared about was what they had to say about that medical cost problem and that was a bit worse than what we heard from humana health unh also talked about stronger inpatient trends some of the most expensive healthcare out there i also think market mechanics come into play some investors like lie sold the stock in anticipation of down grades i don't blame them as these are highly emotional stocks and react viciously to upgrades and downgrades even if the stocks are down already. that's what happened to united health and humana this week. it's not good but bad enough to justify being down that i take issue with which is why we're sticking with humana for the charitable trust. on wednesday morning, we added a bit to our position in the trust because we felt the stock had

fallen too much. but they reiterate it full year forecast this morning and the stock falling to 445 on tuesday, it's gone from 18 times earnings to 16 times earnings i think unh can be bought here, too, as it rarely gives you such a terrific entry point in the end, the current surge of people taking care of their coverage has to be temporary that said, i've got another more positive takeway that i wanted to put to work for the trust humana and unh are pointing out seniors are getting more healthcare what does that say that perhaps you should invest in a medical device company? remember last month i recommended inmode, intuitive surgical and jnj i feel even better about this now that the health insurers are complaining about it so which ones are best okay, unh put out knees and

hips they sound great zimmermann biomed, too not as good as striker i still like intuitive surgical. minimally invasive surgery like the ones unh says it's seeing more of. even medtronic picked up a similar business a few years ago. bottom line. it's one that is troubling while the managed care complex got hit hard this week and for good reasons, i think the humana has come down too much and represents a bargain it's now down 13% for the year does that mean it can't go lower? probably will. but this is a high quality company that's down big. we should get downgrades monday morning and that may be the best time to buy these companies. plus, these managed care guys are griping about how they have to spend so much on medical devices which gives you more of a reason to get the fabulous bull market. buy them here. managed care stocks, let them

get hit once again then you can buy those, too as people realize that the post covid surgery boom will eventually run its course. "mad money" is back after the break. >> coming up, what's in your mind, cramerica? give us a call the lightning round is storming the nyse next a third kid. what if she likes playing golf? it's expensive. we're outlawing golf. wait. can i still play? since we work with emower, we don't have to worry about planning for a third kid. you can still play golf... sometimes. take control of your financial future to empower what's next. hi, i'm katie. i live in flagstaff, arizona. i'm an older student. i'm getting my doctorate in clinical psychology. i do a lot of hiking and kayaking. i needed something to help me gain clarity.

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then lightning round is over are you ready? gary in north carolina gary >> boo-yah, jim. how about dominion energy? i bought it a good while back. it's gone down quite a bit >> i have to tell you i do think that it's a little too risky for me i do not get in utilities to reach for yield. i prefer american electric power or duke. i think also one of down here after that acquisition should be good john in new york john >> jimbo, john from melville ask you a favor. don't take it out on me that you don't like the fund manager, mrs. woods want to ask you about a stock i picked up at 500,000 >> okay. go ahead >> upath >> i like that

the stock is making a pivot. once they make the pivot, i'm on board. constance in california. constance. >> hi there, cramer. i'm wondering this if this is a good time to buy ranier. >> yes the stock is down way too big. it's quality rich in california rich >> jhey, jim i've been in the market for 35 years and believe i found an undiscovered gem many years of artificial intelligence mammogram ai can detect breast cancer years earlier as we speak implementing company wide also, prostate will change the way it's done. alzheimer's approval next month, a game changer

>> it's true >> jim, if you're excited as me -- >> i have to look everything you just told me i have to look at it i remember it as a money losing company and haven't paid enough attention to it but that's going to change starting on tuesday. thank you, sir scott in wisconsin scott. >> hey, jim. i'm looking for a liquid a natural gas company. do you think the high yield of pioneer natural resources is something to be concerned about? >> i like it very much for the trust and it's got the highest and best lowest cost, highest quality oil and that is the conclusion of the lightning round. >> coming up, what's it got to go with cramer's next move cramer gives away the goods, next

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the fed needs to stop being so broad and opaque. what we need from them is narrow transparency companies will start going on a hiring binge i don't expect our central bank to notice little things like the ipo that happened right here with the restaurant chain stock doubled in value that kind of thing's not on their radar, but it's on mine. so we had an ipo, not going to

create any jobs at all plus of the roughly 600 companies that came public in 2021, most have burned or they've had to return the money. very little job creation i think that could change. change for the worse if you're the federal reserve. here's why when we get the ipos flowing and the success of the deal tells it means we're about to see wealth creation back on a grand scale for the first time in years. and when you have massive wealth creation, one thing is for certain. the demand for single family homes goes through the roof. yet home builders haven't been building enough homes to make that demand. they're on target to build 846,000 homes. we have 340 million people in this country we build double that number of homes in 2006. you also had 42 million people at the time. apartment buildings, units of five or more, has been pathetic. we're putting up about 600,000

units annually we built that in 1985. again, we're just not constructing enough single family homes or apartment buildings to keep prices down, seeing the incredible demand and might see in the future. something like two to as many as 7 million homes short in this country. now i link that with kava. i want you to know we're about to have a have a giant wave of money coming from ipos it's about the heat up and fed what should the fed do i think the fed's got to give us a game plan. maybe that's what chairman powell will do this week he has to give us a specific plan so housing will stop going up in price because shelter is the number one source of inflation. you might argue the economy is cooling rapidly. after all, didn't we hear kroger say food prices are coming down? i have data that shows car

prices are about to come down. oil, gas, lot of things going down but one area keeps climbing rents and home prices. home prices aren't captured by the cpi but rentals are. i think the fed's plan is to throw enough people out of work forcing them to stop renting and move back in with their parents. when it's a convoluted way to make housing cheaper why is this so difficult the fed doesn't control long-term interest rates the market does and the market believes we're going to have a recession this year which is why longer term rates are so much lower than short rates long rates, let's say being lower means mortgage rates aren't as high as they should be think priced up the long rates which creates too much demand and consequent bidding wars for the few houses that are actually for sale the current way the fed is doing, raising short rates,

which has been pushing long rates lower since this fall is failing. they have become their own worst enemy and now we're going to start accelerating things on wall street with new job creation from new companies? to me, the best thing they can do is to -- where there's more home building and apartment building the only way to do that is to stop scaring people who, stop scaring the builders because they feel that it's just say it's too risky to actually build for people they don't know definitely want houses we got a massive shortage of housing in this country, but who the heck would build more if they think the fed wants to crush the whole economy once those are up maybe the fed can figure out a way to take mortgage rates up and nothing else maybe they can warn banks and mortgage brokers they have to raise rates. take advantage of the window they have to build more supply or maybe, maybe they just raise a quarter point here and there and play for time.

until these developers get more bullish and start doing some more serious building to meet demand i think that's probably the best we can hope for right now. i like to say there's always a bull market somewhere and i'll try to find it for you i'm jim cramer see you tuesday in detroit last call starts now tonight $28 billion and counting we have brand new data on how americans are reacting to the backlash a perfect storm brewing for summer travel. is taking that dream trip more of a fantasy duping jpmorgan. you won't believe the revelations on how another millennial founder fooled some of wall street investors >> call this michael jordan's greatest play ever and hide you