doesn't look like a screaming buy. i'm still long in it and if you look at mobility, food delivery, freight, they're so well diversified. i'm staying in the trade i think it goes much higher. >> polar bear is not really a polar bear thank you for watching "fast hey, i'm cramer. welcome to matt money. welcome to cramer america. i'm just trying to make you a little bit of money. my job is to educate and teach you. call me at -- tweak me at jim cramer. good news today, turned out to be good news. the labor department's non-fund

payroll, a huge job gain in september. the stock averages roared anyway. that's right. even though interest rates shot up dramatically, the average is a shocked us. with the deal w getting 31 points, climbing 9%. the nasdaq chumming 1.22%. for years we have been taught that when buying yields go up, stocks go down. ever since the fed gave us that double rate cut last month, we have been afraid that they have been acting so decisively. something might be wrong with the economy. something they knew about, but we didn't. when we got these robust numbers, we are looking for 150,000. we got a revision upward from the previous two months. the stocks would just get hammered. as buying yields a sword.

the losses were contained to housing. because that is what sets mortgage rates. people have a collective sigh of relief that we weren't headed for a crash landing. they held onto their stocks with both hands. maybe that is why the useful stock selloff when rates go higher, did not occur. it was quite anomalous, and frankly quite exciting. in other choice, the banks started to shine. however, right now, we are more concerned with credit losses in the fall. stronger market means fewer losses. big-money centers like j.p. morgan and wells fargo, they benefited in enormously from the income. if the fed slows down is rate cuts, they make more money. those two stocks have a lot more to run if today's indication of what is to occur.

the group rallied like crazy today. the leaders, up $13.17. 2.26%. amazon, which has been going down, up $4.55 percent -- $4.55. this is astounding today when interest rates just sword. is today's action a one-day wonder? we are going to find out next week. this brings me to our game plan. until today, the bond yields will going down. -- were going down. people around the world were buying u.s. treasures for safety. -- had its best week since last year. people are worried that a wider war may be from israel bombing iran's facilities. if that happens, crude oil can be heading into the 80s. we are probably going to see the israeli character, maybe as

early as this weekend. who knows what happens when we come in on monday? tuesday marks the beginning of earnings season. pepsi company reports the opening. this reliable food and beverage stock has been hit with multiple price target cuts. maybe that has put a lid on expectations, to the point where the stock can stabilize. somewhat in-line results. it doesn't hurt that pepsi company has a 2.3% yield. which is especially good. especially of the yields stopped going higher. it is seriously tempting. do you know what else is tempting? general motors. stock is up 27%. i think the doubtful ceo is telling us the wrong story. putting up quality numbers even when interest rates were higher. who knows now if the fed is our friend? holy cow. unlike ford, gms has a potential buyback. in contrast, the stock is down 13% from the last year.

given 5% earnings, as long as the forecast is not cut, -- wednesday, you get the federal open market committee leading minutes from last month. which should shed some more light on their decision from the double rate cut. everyone keeps trying to guess whether the next couple will be 25 or 50 base points. i think it is going to be 25 were nothing. what really matters is the overall direction. that direction is most definitely lower. thursday is practically overflowing. what a day. this is an incredible day. cutting it the next, we need to see a cool face number, don't we? let me give you the results from delta. the airlines came on strong with the future of buying southwest air. i am not a buyer of the airlines. they are too fickle for me. i bet delta tells a good story. domino's pizza, for they open. the last quarter was a

disappointment. largely with surprising numbers from overseas. analysts are saying positive and negative things. that does make the dominoes of stock a little bit harder to hold. push comes to shove, i would go with the buyers, not the sellers. one of the most exciting things ever, i don't want to get into the story. i won't get the cart before the horse. robot event. autonomous driving. i think this will drive tesla off of the edge, and will be incredibly received. you will think of it as a tech company. that is why i think you should buy the stock ahead. ahead, of this meeting. not to be outdone, we are in suing that the and md will hold it. the title is advancing a.i., 2024. today when the stock was plummeting, i told investing club members that the ensuing presentation could ensure the trust holding in a whole new

light. even as they are raising their a.i. sales test quarter for order. the stock did run eight points after we talked about it in the morning meeting. finally, we will hear from hp enterprises. dedicated to its a.i. efforts. which are substantial. if i am right, we are going to go three for three. i think it is going to be good. friday, we have another overload. another ppi index at 8:30. as long as we are in a rate cycle cut, you don't need to worry about every single bead of data -- piece of data. don't worry about was stocks will do, period. it is a mistake trying to tear your hair out trying to guess what they will do. i will tell you what the numbers are, and how to focus on rates. finally, we do have national earnings from the morning. wells fargo, j.p.

morgan, and black rock. least expensive group in the market. which means you need to use any weakness to buy it. has done an incredible job not only making you money, but also the best asset management software. i don't think they get nearly enough credit for the software that deserves to trade higher. one other thing, real excitement. the jensen model will be opening the nasdaq with his team to solve the birth of the gpu 25 years ago. these are the fast tips that make generative a.i. work. congratulations. this is the bottom line. a robust job number, is a market that can handle the historically tough month of october. after today's performance, all i can say is so far, so good. michael in new york, michael? >> hey there, this is michael. my wife and i are longtime club members. second time callers. we watch your show every

evening read we trade based on a lot of things that we hear. we have made plenty of money with you. >> you are a gem. thank you. i appreciate you hearing that. how can i help? >> thanks. i remember flying over three mile island more than 40 years ago in 1979 buried watching the smoke and steam going across the sky. since then, nuclear energy has been in the doghouse. however, the technology required for safe operation of nuclear plants has improved dramatically. at the same time, our need for clean energy has increased enormously. maybe now is the time to let the dogs out. the company i am calling about, has recently entered into an agreement with microsoft to reopen with three mile island reactors. to provide clean energy to microsoft operated data centers, and cloud treating operations. stock is up more than 50% in less than a month.

is it too late to buy constellation energy? is this a different stock? >> every time i say it is too late, we have been behind this one. it has moved up greatly. ge, nova, we have like that greatly. there is more room to run, i think you are going to be right. i don't think it is too late. we are in a parabolic portion of this move. a little bit of a pullback. i think the idea is a solid one. let's go to william in michigan. william? >> how are you? >> i am good. how about you, william? >> in the mid-90s, it drops all the way to the low 70s. it has went up more than 30% in the past month. >> i am actually the wrong person on this. we decided to consolidate to our chinese names. they had a big run.

they talk about when i didn't do it right. i underestimated this chinese deal. i said you can only do it. i think the stock could go up a little bit higher. it is selling at its historic pe mobile. let's be a little bit careful. the market is reacting favorably to good news. it has the potential to handle differently in the month of october, doesn't it? on mad money tonight, modelo is on a different report. what is the latest action? we are thinking the market share, and more of the -- should we be looking in the rearview mirror to get a sense of the road ahead for the market? in today's labor report. with halloween on the rise, i'm checking in with the smarties to see where this legacy candy has in store. stay with cramer.

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what the heck happened yesterday? the maker of beer and one of liquor, known for its top-notch portfolio of mexican beers, corona, pacifico, and modelo, actually reported a mixed quarter. nearly a 5% response? confirmation -- constellation sales came in. 40% earns over four dollars in the bases. thanks to the cost-saving interest with much expected

cash flows as well. they are still taking lots of market share in beer. even wine has green shoes. is that enough? maybe getting a buying opportunity, for full disclosure, don't take it from me. let's think deeper in person. the president and ceo. welcome back to mad money. it will come out, some will look good, some will look bad. in the end, this is just to meet another consistent, constellation quarter, of market share takes, past generation, and now, bigger buyback. >> all of that is true. we gained 1.3 share percents in this quarter. we had our second biggest operating margin in the history of the company. we bought $250 million of share buybacks. we have a lot to be excited about. >> in terms of what the people are most concerned about, i

think there are people who think they're going to put a tariff on beer. one person wins as president. if that is somehow going to be in the first year sales, how do you deal with it? >> to keep it in mind, looking at the donald trump administration, we already had four years of the trump administration. this has doubled in our window of time. we have had a fair amount of our inputs that come from united dates. highly respected on terrace, how do you hurt the american farmer? that seems illogical in the scope of things. >> at the same time, we don't want mexican mere -- beer from flint, michigan. >> these are authentic mexican beers. you have to make them in mexico. >> you had one of the first meetings with the president elect of mexico. what was that like? >> it was terrific. she was terrific.

a shared prosperity. we have several thousand employees now in mexico. we are continuing to invest in the business. in that marketplace, with our newest coming online soon in veracruz. very good relationship with the government of mexico at all levels. federal, state, and local. >> you mentioned the brewery. i assume that has cost you a lot of money. if we could ever get to the peak of the brewery, you can see cash really build. are we close? >> this fiscal year is going to be our peak in terms of capital going into the ground in mexico. you will continue to see, and i know you saw this. we had our leverage ratio this past quarter as well. i think it opens up a lot of windows for us to do a lot of things with our shared buyback. >> let's talk about the window. when does the window occur you to buy back stock?

>> as you know, we have 2.2 billion in authorization still from our board. we were very opportunistic both in the first and second quarters. given that we have had our leverage ratio, you will continue to see that approach. >> i also want to see a big push. i would love to see more marketing. you got these beers. when you have the winning hand in liquor, i know how hard the liquor is. you have to put your money where the market is. what are you guys doing for the second half for the upcoming months for the advertising market? >> one of the best things that has happened in this quarter, is our ability to be operationally efficient. this is way ahead of where we thought it was going to be. invest more against corona, modelo, and you have probably seen in football, we have been on all the nfl games. we have been on college football. we are doubling down. at a time where a lot of companies don't have a lot of growth or cash flow, simply can't. >> walked me through this.

a lot of people feel they have some trepidation. the numbers and the beer growth, the beer growth is slowing. if you put money behind the stop beers, that doesn't mean that it is going to continue this low. >> that is true. if you look at the most recent weeks with that kind of data, the 12 week was better than the 26th week. you are starting to see some of this come around. >> there you go. that is what i want to hear. let's talk about pacifico. you know that has been something that i have told you over and over again, when i see that level of growth, i want to see more money behind it. who is drinking it? >> is a little bit younger consumer than the overall portfolio. it happens to be the number two beer in los angeles. number one beer market in the country. pacifico is number two in that market. up 23% in the quarter. i always describe it as a mini

modelo. it is where modelo was 10 years ago in terms of its growth profile. >> i also wanted to talk about the experience. it is such a drag. you have been very forthcoming, not happening. green shoes for the premium ones, which is what i care about. what are we really seeing that we can hang our hat on? >> 9 to 12 months to get things sorted out. we are six months into that. the thing that is good, we have readjusted a lot of our marketing scan, we have a more tactical scan against the prisoner, kim crawford, and naomi. it is starting to show some success. we have seen those businesses start to turn. the challenge continues to be at the very low end. the business is going up the price letter. much like we do in beer, only at the higher end of the business, and it is starting to perform much better. >> you have mentioned several times on the call about

employment. if unemployment grows, it could be difficult. we have a barn burner in in the employment number today. >> it sure does. given that half of our consumption base is in beer is the hispanic consumer, that unemployment rate happens to be slightly higher. to see the jobs correlate like what we saw this morning, gives us a lot of excitement. it means more people are going to have more money in their pockets, and that is good for the beer business. >> it sure is. the castle is immense, and we have been sticking by it for many years now

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because when you experience europe on a viking longship, you'll spend less time getting there and more time being there. viking. exploring the world in comfort. did the federal reserve get ahead of itself with that monster half-point rate cut last month? that's what a lot of investors are wondering at this morning's incredibly strong rate work. so much -- imagining to cut rates aggressively. average hourly earnings up 4% year-over-year. these wage gains are finally outpacing the rate of inflation. which means consumers can get some much needed relief. if you are betting on acs of --

a series of abilities they seem to make that a lot less likely, doesn't it? when you look at the market, that is not really what most money managers were betting on. official money managers have been shorting, as far as the tenures of future contract, and they are shorting like crazy. this means higher long-term interest rates. lower prices, higher rates. that is a stark contrast to the action of the stock market. everything that can benefit from lower rates has been flying, ever since we got word that a 50 point ace cut has been on the table since last month. clearly, something big is happening in the world of treasures. to understand what it means, we have to go off the charts with the person that brought this to our attention. cofounder of the carly trading. she sees something major going on beneath trading surface. we have to have it on tonight.

things take an ugly turn in the coming months. you can say you were not warned. last friday, the commodity futures trading, -- weekly trader support. shows how all investors are positioned in the future market. larger speculators and leverage funds have been unfathomably large net short position in the 10 year treasury futures. -bent towards most previous instances. these two groups of money managers are the most fair they have ever been on the price of the 10 year period remember, prices go down, and bond prices will fall, it means you think interest rates are going to soar. they have seen long-term interest rates go up, up, up. typically when the fed starts cutting, the buying rates go

down, down, down. can't tell us why so many manager -- money managers are making this yet. this was in 2019. coming after he tightened too aggressively in 2018. this cutting cycle went from gradual in 2019, two very extreme once the pandemic hit. rapidly cutting rates to zero. keep the economy on life support. if you look at the rough analysis to where we are right now, back then, the 10 year bond in 2018. several months before the fed started cutting. that was at the peak of the outages. we talked about multiple, additional rate hikes. now we have to destroy the economy in order to save it from inflation. maybe not it's best moment. the bottom out from the treasury in 2018, largish errors held 680,000 contracts. at that time, that was a record extreme. as of last week, larger

speculators were short by over 1 million contracts. 1 million. as for leverage traders, the next shortest position is double the size of what it was six years ago. the difference was, the federal still tightening in october of 2018, so they weren't fighting the fed back then. this time, the fed is already cutting rates, and the money managers are still betting on high body yields? they are actually spitting in j pals face. they should be worried about the inflated budget deficit, or maybe a little bit of both. either way, carley garner points out that the waiters are enormous. once they unwind this trade, it is going to create a tremendous amount of volatility. widely higher interest rates, will devastate the economy, and yes, to our stocks. when you see everyone leaning one way, stock prices plummet,

and rates are going to soar, the crowd tends to be wrong. carley garner, since the millennial, fed rates have been significantly low. by standards. the stock market crash by 2011, increased 2% over the years. whenever the fed tried to normalize rates making them higher, something got in the way. followed by the great recession, then the pandemic. look at the fed funds rate going back decades. if you lived through the 70s and 80s like me, you know that even when the fed cut aggressively back then, that just meant taking short rates to 4% or 6%. that was the lowest that interest rates got back then. the federal funds rate hit 5.50. of course we fell pretty hard. why is this? we live in a completely different world now. carley garner, point out that the fed doesn't need to work as hard to over stand with state -- inflation.

lots of automation, tons of cheap manufactured goods from overseas. remember, other than 2022 and 2023, we haven't had any truly serious inflations and since the 80s. now getting very close to the 2% target, carley garner says the fed rates will go much lower again . we might not see zero like we did during the pandemic, or the aftermath of the financial crisis, but you wouldn't be surprised to see 1%. she's right. all of the money managers are in for a rude awakening. they are going to get their heads handed to them. we have the 10 year treasury futures. carley garner, says this looks a lot like 2007. even though the moment has very little calm. still, carley garner reports the double bottom right here. very important. it always seems to work. we are now seeing it pause in the rally. double bottom in the 10 year, september and october of 2007. right before everything fell

apart. according to carley garner, it could sort 122. this would be the yield of the 10 year period about two and a quarter. here's the bottom line. carley garner, suggest there is a legion of money managers that are trying to fight the bad, by betting against the 10 year period we are just hoping that they make a usual mistake. you and i will do well with our stocks. maybe they know something we don't. even if that is the case, you are taking your life in your hand when you are fighting the fed. let's go to alan in illinois. >> hello, in jim. great friday evening. boo yah to you. >> how can i help? >> i want to wish my dad a happy birthday today, and thank you for your staff for all that you do for us home gamers. >> we are dedicated to you. that is what the show is all about. thank you. >> the stock that i am

interested in, l rcw. land research. >> i think the stock is down way too much. i think there is going to be a renaissance of the semiconductor capital equipment. it fits us. if this thing is ripe to buy, what a great company. you should be buying it right here right now. happy birthday. that's go to cliff, in georgia. >> boo yah, jim. buy, sell, hold. >> we are down to the tag ends for the travel trust. we did say in the last meeting, i will tell you this. jeff marx, we feel like we want to hold onto a little bit. just because it is such a great company. it is not the right stock to buy right now when you are talking about the fed cutting rates. let's be careful, and don't be big in it. let's go to suleman in

washington. >> boo yah. >> thank you very much. >> i have a stock that i think has really good growth, and a steady dividend. recently, has upgraded by j.p. morgan, and wells fargo. 185 to the $200 area. recently, upcoming earnings and potentially, it is going to resolve with lawsuit settlements that are coming up. my stock is johnson and johnson. wondering if it has been groped? >> it is very rare that i have seen the stock at a very low marketable point like it is right now. i can't imagine that you get hurt very badly. when the feds cut it, you want to stay away from the drug stocks and the food stocks, and go into something more that has more cyclicality. that is fine with me. charts from carley garner report a whole money madness, and if history is any guide for

us, it looks like i could be making a big mistake. much more mad money ahead, including a family run company. could a possible spirit airlines baggage fee be possibly avoided if the money went through? i'm giving you my latest on fdc. all of your calls will be required for the lightning round. stay with cramer.

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candy. i have been addicted to these things ever since i was a kid. i never appreciated the story of the 75-year-old smarties candy company until now. a company based not too far from me, and not too far from you in new jersey. this is a privately held family run company that you can't buy stock in. i think this is a perfect time to dig deeper. let's take a close look. she is president of the smarties candy company. welcome to mad money. >> thank you so much, i'm happy to be here and to be talking about smarties with you today. >> they are the star of the show. this is why i like this with full disclosure. the calorie count, it is better than any other candy than i eat. >> a lot of people like that, appreciated, and i do hear that pretty regularly. i like that too, actually. >> another thing that people are worried about, there's a

lot of talk. these are going too much up in price. i want to know about kenny inflation on halloween. >> the u.s. candy market, is over $48 billion market in 2023. it is growing. non-chocolate is growing faster than chocolate, in part because of these rising cocoa prices that we have seen. this year, hitting record highs that we haven't seen since the 1970s. cocoa purchases are going up, but not at the rate that we are seeing non-chocolate candy like smarties or chewy candy. >> you are talking about a bargain versus chocolate? >> yes. relatively speaking, smarties does offer a lot of value on the shelf. we have known that for the last 75 years actually. originally being known as a penny candy, of course costing a little bit more than that now, but especially on halloween, when people are purchasing huge quantities of candy. they are going for value.

if the top two drivers for candy purchases we are seeing our price and brand loyalty, smarties delivers on both. >> you have both sides. one with fewer, one with large. what is the difference in terms of cost? >> that's right. it depends on where you are shopping. we have the minis, we have the original size. >> you haven't taken any out of that, right? there are not three less? >> this is the largest smarties role. this does have a higher ring, and this is the mega role. a lot of people do choose smarties because of the value, as we discussed before. we do our very best to keep delivering value to the consumer. competing with a much larger candy giant. we are able to do so, frankly by investing in our processes and our team. we are still able to manufacture this here in new jersey, north america, and canada. we produced 75,000 pounds of candy per day.

per day, yes. five days a week. we begin producing for halloween in the spring. this year in particular, we are seeing summer halloween. you probably have noticed this on retailers shelves. halloween has been getting earlier and earlier. we have customers asking us to ship right after memorial day. that is looking good for smarties for halloween. halloween represents over 25% of the annual sales. it is very important to us that people do continue to choose us for halloween. part of it is the 25 calorie role, and the other part is the value, the brand loyalty, and being allergen free. >> all of those things that you have contracted the consumer into your competitors. why have you not sold out to one of the candy giants? >> honestly, we get reached out to almost every day. i can say that smarties is not for sale. it is important for us to

maintain our family legacy. we level we do. we love our team, we love manufacturing in new jersey right where our company was founded. i'm a fifth generation candy maker, and that is important to me. i'm very proud to be fd, and a as well. >> what is your suggestion for how people should view this? i always put a bowl out. i tell the little kids that they can have as much as they want. do you think some people go like that? what is the strategy of hollowing for you? >> i am all about being generous with candy. we give every team member about 30 pounds of candy per year. to share on halloween. which makes them very popular around halloween. i want people to have as much candy as they want. thinking about halloween in particular, and today's consumer, food allergies are in one in 13 kids. being allergen free is important. something to consider when someone chooses smarties. because it is allergen free or something else, you don't know what the needs are of the trick-

or-treaters. >> it actually does have a flavor, doesn't it? >> every flavor has a different flake or -- flavor. i don't want to put you on the spot, but the green is a strawberry flavored. >> fooled me. absolutely. what do you think the percentage of households that he candy? what is the number? >> we are seeing 98% of households do purchase candy. although, inflation has affected their candy purchases. many are choosing to buy products based on things they already know and love. nostalgia, eating a huge factor for candy sales. >> 98%, i want to be in the business myself. liz dee, resident of smarties candy company, union, new jersey, about 10 miles from where i am. mad money is back in a moment.

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need the next level network. the only network with built in security controls. chip? at&t business. it is time. time for the lightning round. [ inaudible ]. i know the calls -- [ inaudible ]. and then the lightning round is over. lightning round. going to chris, in virginia. >> boo yah, mr. cramer. how are you today? >> i am doing fine. how are you doing, chris? >> fantastic. >> you are all right.

>> a company that sells aircraft parts. i would like to understand if it has more free run in the long-term. fta eye. >> that stock is too hot for me. i would prefer to be in rtx. i think it is a better buy. i understand this is momentum stock. i'm not going to say people don't play it, but it is too expensive for me. i want to go to tim in florida. >> hi jim. from the recent catastrophic events, seeing how big cell phones are in connectivity, what you think about a sts? cell phone satellite company that is in a great position to tackle this problem, to give people everyday smart phones, good connection all over? >> i have got to tell you, i talk about this today with ben

soto. our chief scientist and regional director. to me, it is just too hot. two stocks in a row that i have said are too hot, i get worried about them. was go to john in texas. john? >> hey jim, how are you doing? >> i'm doing hot -- fine. >> my wife has loved to shop at five. we have been in the wilderness for three or four years. are you still long-term feeling pretty good? >> i'm feeling both. i think that shopify is a great level to buy. i think harvey steve is doing a terrific job. the stock should be perfect. i'm going to mispronounce, i am sorry. [ inaudible ] in new york? >> that is fine. i wanted to ask about k spi. >> this is fin tech.

this is a good company. i prefer. right now, i have been watching paypal. similar business, better value. we are taking more. we are going to michael in virginia. >> yah, cramer. how is it going, buddy? >> i'm doing great. how are you? >> great, thanks. i wanted to get your call on the restaurant group. >> this restaurant group right now is very wheeled -- weird. i'm worried about the first watch being a competitive outfit. the multiple is way too high. i'm going to say no to that one. let's go to john in new jersey. >> big yah. >> i like your fired up approach to life. what is happening? >> thank you for everything you do. your energy is electric and nonstop. i love it. i am calling about a stock right now. they are buying back their stock. there is no debt.

they have uniforms for the medical staff in paris. shout out to all of our medical and hospital workers. q4 of last year, ron berry discussed in his shareholder letter, that harvard business school was going to be doing a review on this company in 2024. the review just came out, it is called scrubbing the status quo. jimbo, is there anybody on the street? you like the scrubs? say yes? >> i think figs is not expensive, and a very good stat. that is all i can say about it. ladies and gentlemen, that, is the conclusion of the lightning round. >> the lightning round is a sponsored by charles schwab. coming up, feeling blue from a lack of spirit? a conundrum at 30,000 feet. next

rator] but many do have something in common. we all trust schwab with our wealth. [narrator] thanks to our award-winning service, low costs and transparent advice. every day, over a million multi-millionares trust schwab with more than two trillion dollars of their wealth.

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second opinion. nate likes what he sees... and he places the trade...

talk about easier investing.

this morning, we woke up to a gorgeous scourge. spirit airlines is putting a basic -- bankruptcy filing. they have allowed them to stay in business after it failed to merge with jetblue. the airline shares have been crushed from $16 in change in january, to $1.69. to nearly a 25% be down today. the company hasn't made an annual profit this decade. this is going to be a foregone conclusion. however, it didn't have to be this way. spirit was trying to combine with competitor jetblue, in a $3.8 billion merger. the justice department sued the deal, and in march, companies walked away. i have been a vocal critic from the justice department. along with the ftc, a big trust regulator. when it comes to gunning down

mergers and acquisitions. i think it is undeniable that our government is way too lax around having so many murders, in the airline business over the past 20 years. to the point to where we only have three major airlines. we have lost delta, -- continental, u.s. airways. even increased prices for you. air travel was so much cheaper 15 years ago, kids have no idea these days. jetblue and spirit, two budget airlines that compete heavily for customers, sought to enforce this, it ade perfect sense to block the deal. i was always surprised how little it cost to fly from new york to west palm, or fort lauderdale. i attribute that to the wonderful competition of jetblue and spirit. we see the downside of any antitrust regulation. spirit is in such bad shape, they were basically losing competitors regardless. spirit eliminates the most competitive reps, -- roots, and we might have been at her off letting jetblue buy the darn

thing. something similar happened back in 2015, when algreens tried to buy right aid. the deal was foiled when walgreens walked away two years later, thanks to resistance from the ftc. again, the government had your interest at heart. there are only three national drugstore chains. having two of the merge is the textbook definition of anything competitive for a beer. come on. six years later, right aid filed for bankruptcy. it is a child of its former self. nasdaq closed 38% of the stores. i can't fault the government in either case. if they allow these deals to go through, i think we will be facing fire -- higher airline and drugstore prices. there isn't much that can be done to save a failing business, other than letting it get acquired. fortunately, amazon and costco are all competitors, compared to what the drugstores offer. unfortunately, there are no amazon, costco, or walmart airlines. we salute the government for trying to protect us, saying

the capital markets will play ball with the aggressive ftc or justice. whether they get bought by jetblue or foster bank, we are down a competitor either way. we are looking at the lesser of two evils here. frankly, i can figure out which is which. i promise you i know how to find it right here for you on mad money. i'm jim cramer, see you on >> he is funny. he is colorful. he can be charming, as long as you stay ten feet away with your wallet in your back pocket. >> i had a gift, to get up monday for evil. i used it for evil. >> narrator: when hollywood turns his life of sex, drugs, and crime into a blockbuster, his victims feel cheated again. >> too m people walk out of a movie and think they have seen the story, and it leaves out significant parts of the story, not the least of which is 1,500