welcome to cramerica people want to make friends, i'm just trying to save you money. my job is not just to educate you but it's to teach you. call me or tweet me. every night i come out here four two big reasons. i like the attention the second and more important reason is i want to help you build and preserve your wealth we live in a world where it's increasingly difficult to become rich if you weren't born that way, and love it or hate it, i believe that the stock market is the best ladder we have in this country for social mobility. there are millions upon millions of people in this country but there simply aren't that many jobs that pay you a salary fat enough to actually make it rich. even if you're a total cheap skate and save nearly every single penny you earn. the truth is, if you want to become really wealthy in this country, unless you're born with a silver spoon in your mouth, that means planning your financial strategy for life even if you don't have a super high paying job as long as you can save a deep chunk of your paycheck and invest it, you can make y

"mad money's" back after the break. ♪ >>> cramerica!ial literacy month, and cnbc wants to know what you're saving up for here's what i want you to do right now. take a video of yourself showing us what you're saving up for post it to twitter and mention #savingupcontest in the caption. #savingupcontest that's it! at the end of april, we'll announce the ten most creative videos go to cnbc.com/savingupcontest for contest rules and details. boo-yah! >>> and now, and now, it is time it is time for "lightning round. what is that it's rapid fire. >> sell, sell, sell! >> buy, buy, buy >> then the lightning round it soffar are you ready? i'm going to start with phil in new jersey phil could be the governor. governor phil! >> caller: boo-yah, cramer big phillies boo-yah to you. >> yeah. what's up? >> caller: wanted to ask you about mcdonald's i bought it in the 180s, and i know it looks like it's going to break out at $100, but is it a good buy at this point >> i think it is still a good buy. i think he's doing a good job. i know i would have to

welcome to cramerica my job is not just to entertain, but to teach call me at 800-743-cnbc.t about a year's worth of major business stories in a single news cycle disney reinvented itself jpmorgan had a stunning

welcome to cramerica if you want to make friends, i'm trying to make you some money.so call me or tweet me if you thought this week was overflowing with earnings, you ain't steen nothing yet. it's not all earnings all the time toda

welcome to cramerica i do want to make friends but just trying to educate and teach you so call me at 800-743-cnbc or tweet me at jim cramer. every now and then i worry we live in the dumbest of all possible worlds. i look at some of the digital stocks and they are breath taking in their stupidity. i wish i were joking but a day like today, the blue chips up and the s&p advancing and again, nasdaq plummeted .6% and you could see so many moves that with truly idiotic, too idiotic for words. it is based on nothing and only after moves, a few moments later and, hey, maybe it makes a certain amount of sense. why shouldn't the stock market be full of irrationality after all, our president embarked on a major new economic strategy with hitting send on a few tweets the federal reserve reserve legit and i buy into it. and when he said it lifted traits even though inflation is low he's making a good point with looser monetary policy he believes that, quote, we have the potential to go up like a rocket, end quote. in theory i love the rate cut but you can't get there by using the bully pulpit b

welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to teach you call me at 1-800-743-cnbc. or tweet me @jimcramer the dow gained 145 points. the nasdaq pole vaults 1.35% another record i say blame the short sellers. look, i know the shorts catch a lot of flack by betting against stocks in the hope they'll go lower. we all acknowledge short sellers serve an important function in the stock market but it's easy to frame them as the villains when stocks go down. that's true. occasionally, even for me i do it i shouldn't. i used to make a lot of money shorting stocks at my hedge fund but that's not the whole story short sellers can serve as rocket fuel for a bull market. that's right in other words, when the shorts finally throw in the towel, and give up on the stocks they love to hate, these stocks tend to explode higher they have to because that's what happens when you have to cover your short exhibit a, hasbro. hasbro which we'll hear from later in the show. a monopoly money, not. here's a stock that's

welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and put it in context. >> call me at 1-800-743-cnbc. or tweet me @jimcramer let's talk about euphoria. and by that mean the fabulous lack of euphoria, yes, the lack of euphoria in this bull market. let's talk about lyft. after a placid day the nasdaq actually advanced 1.25%, i think the decided lack of enthese yachl for the stock deal that is lyft is one of the best things, best things that's happened to this market in ages and no one is saying this but listen up, first of all, i know i got it wrong. i've had to play whac-a-mole with the haters because last time i said it was a good trade. shortly after it fell through its price even as the rest of the market performed well and lyfts with decidedly a dud initially i was too focused on myself or as my wife constantly says you always think it's all about you. hey, she's not wrong it's kind of a wife's theme, plural but once i got over the fact that underwriter jpmorgan allowed lyft's tock to

welcome to cramerica if you want to make friends, i'm trying to make you some money. my job is to teach and put in context. so call me or tweet me if you thought this week was overflowing with earnings, you ain't steen nothing yet. it's not all earnings all the time today we had some macro data, namely an incredibly positive gross domestic product number, 3.2% people were looking for 2.5% and that bolstered the averages with the dow claiming, the s&p climbing and the nasdaq advancing. but make no mistake about it, we are in the heart of earnings season right now and that is what's driving the action. i'm not going to waste a second of your time not even to argue with elon musk elon musk of tesla fame who called me a simulation, a simulation because i linked him with another great promoter, p.t. barnum. i don't know if he took me literally. honestly, how could i be a simulation here i am. it's just me, all by my lonesome on my set. how can you not love that? he and the s.e.c. have reached a deal about his tweeting. it will be a real free-fire zone on monday. let's dive

i love to hear from you cramerica.s first up, we have a tweet that says, note to the producer, please stop giving this man props, at least nothing that could hurt anyone. nerf balls are okay, steel knives and bats are definitely out. yeah, i mean, you know, we did -- when we did this one the other day, i did -- i stunk a monster when i came home my wife said what is that cologne? i said that's eau de monster is my grandma your interior decorator? no okay you know, maybe. doesn't look that great. i admit to that. oh oh, that's evan and bob marley going at it. they ripped this she was so angry, and then somebody says, listen, how do you -- what kind of furniture is that look at it it's like wayfair. if you have two dogs and they do all this stuff inside, when they're supposed to be outside, well, what -- you get my drift all right. our first tweet says, oh, no, first tweet, this is good because it's kind of our third tweet. facts, jim cramer is the spawn of an unholy union between don knotts and anton levy. yeah, there's

. >> hey, i'm cramer welcome to "mad money" and welcome to cramerica and my job is to he had kalt and to teach you so call me at 800-743-cnbc or tweet me as we head into earning season, shouldn't i be more nervous, shouldn't i be more worried? where the dow inched up 39 points and nasdaq gains 6% and we have to address the fears what if sales plummet and sales skyrocket like i'm hearing, wouldn't this period be very tough for stocks i get asked this stuff every single day including by my "squawk on the street" colleague, it makes sense to ask me i trugle to come up with an answer that is not too glib but it involves a bleep that most of the negativity has been baked into the market. periodically i get lucky. >> get something that crystalized it and makes my view point so clear. >> get a gem a gem drops right into my hands to explain exactly how i feel. today's diamond, a stray in the "wall street journal" titled, and i quote, investors brace for hit to profits and costs rise. they go on to explain, quote, investors are concerned that rising wages and energy costs will eat into corpora

welcome to cramerica i don't want to make friends just make you money. my job is to educate and teach you and put into context so call me at 800-743-cnbc or tweet me at jim cramer. if you want to get an honest read on the economy, forget the government data from the commerce department or the federal reserve. instead you need to look at the transports especially the rails >> all aboard -- >> on a blah day where the dow dipped 3 points and s&p and nasdaq up -- you have an incredible snapshot of the economy from csx and stock that caught fire today. you recognize the economy is slow in the fourth quarter, i looked at this stuff that is right. just when fed chief said it was firing on all cylinders so he needed to slam the brakes by raising interest rates, i did the homework and check in with the chemicals and papers and hold builders and the transports especially the rails see, the rails were telling me a different story from the rosie economic forecast. i had to put it into a mosaic by hand and it showed the economy is slowing because the fed has gotten t

. >> the lightning round is sponsored by td ameritrade >> i love to hear from you, cramerica. we have a tweet that says note to the producer, please stop giving this man props. at least nothing that could hurt anyone bye. i stunk a monster when i came home my wife said what is that cologne? i said that is ew demonster. here's another tweet someone gets to stuff a bran muffin into cramer's big fat pie hole ah facts, jim cramer is the spawn of an unholy union we're the most interactive show on television. so stick with uncrustables start over (indistinguishable muttering) that was awful. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. >>> we are one week into financial literacy month a major initiative for all of us at cnbc. y

welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to educate but to entertain and teach s call me at 1-800-743-cnbc. or tweet me @jimcramer if you wait for a green light to start buying stocks you'll end up waiting too darn long let's say the bell does go off, the signal has sounded you get the all clear. the problem is the bell always goes off way too late. the signal blasts after the fact and the all clear just tells you that the easy money has already been made. on a day like this when we have many cross currents dow dipping 59 points, s&p declining 2.2%. it's time. i want to spend some time explaining why you cannot wait for the bell to go off for many this is the most mystifying part so listen up the notion that the biggest opportunities come long before the bell gets rung, the siren sings and the clocks blair, whatever else you're waiting for before you pull the trigger is exactly what "mad money" wants to teach tonight exhibit a, texas instruments which reported last night. i'd like to think i know more about

welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you, but to educate and teach you. so call me at 1-800-743-cnbc, or tweet me @jimcramer. on this show we spend a lot of time talking about stocks, about markets, about the fed, about the economy, interest and earnings we focus on the daily gyrations of the average like how the dow back slid 135 points today a lot of that was 3m while the nasdaq advanced 0.21%. but you know what deserves a lot more attention time frame the subject of time frame. when you buy a stock, thinking it will go higher. if you're looking for a four-week trade, it will be very different from a four-year investment today at cnbc, we had some real fun. we had our annual stock draft. on display with terrific personalities, selecting three stocks each from a pool of 61, three stocks that are meant to be held roughly nine months. that's length of the contest the cnbc draft contest ends the friday before the super bowl, january 31, 2020 but this year we're also allowing home players to

welcome to cramerica other people want to make friends. i'm just trying to make you some money.job isn't just to educate but to entertain and teach s call me at 1-800-743-cnbc. or tweet me @jimcramer if you wait for a green light to start buying stocks you'll end

welcome to cramerica my job is not just to entertain, but to teach call me at 800-743-cnbc. or tweet me. today, we got about a year's worth of major business stories in a single news cycle disney reinvented itself jpmorgan had a stunning quarter. and that was good enough to send all the averages flying. dow pole vaulting 269 points disney and jpmorgan are in the dow. s&p gaining .6%. please, have no illusions, people this positivity will be hard to sustain. even though earnings season kicked off with an amazingly bullish bang, we'll be right back where we started from once next week rolls around unless apple comes in on monday and bids for both abs and viacom not going to happen. while occidental scooped up apache, and we get perfect quarters from citigroup and goldman sachs. highly unlikely. this isn't a what have you done for me lately market it's a what have you done for me this morning market. with that in mind, what's the game plan for next week? let's start with citigroup and goldman sachs. citi will have a hard type topping jpmorgan it could be more like wells fargo,

welcome to cramerica other people want the make friends. i'm trying to make you some money.st to entertain, but to educate and teach you so call me at 1-800-743-cnbc or tweet me at @jimcramer she loves me she loves me not with earnings season kicking off tomorrow, everybody is playing the game, trying to anticipate the

. >> hey, i'm cramer welcome to "mad money" and welcome to cramerica and my job is to he had kalt ando teach you so call me at 800-743-cnbc or tweet me as we head into earning season, shouldn't i be more nervous, shouldn't i be more worried?

welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain, but to educate, teach, putting it in context. call me at 1-800-743-cnbc or tweet me @jimcramer. you blink, you blink during this move, you might miss the whole shooting match i'm talking about this rotation into the industrials and the retailers inanticipation of better unemployment number tomorrow morning and a trade deal with china, perhaps as soon as this weekend. and that's what propelled today's action dow gaining 16 points, the s&p advancing 1.2% the nasdaq .05%. what do i mean by counterintuitive okay, this is fundraiser season where you to leave work and chat with people and bid to raise money for all sorts of worthy causes i tend to go to a ton of these during the season. so naturally, when i show my face at a social event, everybody wants to ask me about stocks, and i love it. right now it's all about boeing, boeing, and then more boeing this stock tends to be pretty polarizing many people believe that those two tragic air accidents are going

welcome to cramerica other people want to make friends. i'm just trying to save you money. to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. there's washington and then there's every where else that's what i thought when the nation's top bankers were being rakd over the coals by congress for the sins of their predecessors today and the averages, well, they

welcome to cramerica other people want to make friends. i'm just trying to make you some money.b isn't just to entertain but to teach you call me at 1-800-743-cnbc. or tweet me

welcome to cramerica other people want the make friends. i'm trying to make you some money. my job is not just to entertain, but to educate and teach you so call me at 1-800-743-cnbc or tweet me at @jimcramer she loves me she loves me not with earnings season kicking off tomorrow, everybody is playing the game, trying to anticipate the quarters will the numbers be good or not so good? it's all people in the:00 to world want to talk about people are paralyzed and they're polarized and they're scared they're scared about what will happen this earnings season. that's why the averages meandered too. the down dipping 14 points, the s&p .5 the nasdaq .21%. the fear is palpable earnings could be down. stocks are the only game in town, even though we had a real slowdown since the fed's last rate hike, the bond market offers only paltry returns [ booing ] let me make one thing real clear. over the long haul you'll do just fine on a diversified profile. healthy balance sheets especially compared to the 2.5 yield you get from parking your money in the treasury. so i don't want to get t

welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain, but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer even though this was a solid day for the average, the s&p advancing 1.6%, nasdaq inching up .02%, i a

welcome to cramerica other people want to make friends. i'm just trying to make you some money.job isn't just to entertain but to educate and put it in context. >> call me at 1-800-743-cnbc. or tweet me @jimcramer let's talk about euphoria. and by that mean the fabulous lack of euphoria, yes, the lack of euphoria in this bull market.

welcome to cramerica other people want to make friends. i'm just trying to make you some money.y job is not just to entertain, but to educate, teach, putting it in context. call me at 1-800-743-cnbc or tweet me @jimcramer. you blink, you blink during this move, you might miss the whole shooting match i'm talking about this rotation into the industrials and the

welcome to cramerica my friends, i'm just trying to make you some money.tertain, educate and teach you. so call me or tweet m me @jimcramer. here we go >>> after a nasty day like today, the dow lost 190 points, the nasdaq climbed 0.56% th

welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain, but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer even though this was a solid day for the average, the s&p advancing 1.6%, nasdaq inching up .02%, i am not a happy man. why? because we got our first sign that this market is getting genuinely overexuberant. today the public went gaga for pinterest and zoom with their newly minted stocks soaring into the stratosphere, like nasa rockets oremus:00 rockets if you want a capitalist simle. if we get a few more hope i will overvalued deals and pinterest and zoom are hopelessly overvalued, they'll start to feel the pressure. that will lead to a sell-off like we haven't seen in ages more on that froth later for now, we just have to say we're going to be concerned because people are getting too bullish. i don't mind it bullish, but too bullish, not for me. so now you've been warned. with that out of the way, let's get to the game plan for next week all i can say is let the wild rum

welcome to cramerica other people want to make friends. i'm just trying to make you some money.y job is not just to entertain you, but to educate and teach you. so call me at 1-800-743-cnbc, or tweet me @jimcramer. on this show we spend a lot of time talking about stocks, about markets, about the fed, about the economy, interest and earnings we focus o

welcome to cramerica other people want to make friends. i'm just trying to save you money. my job isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. there's washington and then there's every where else that's what i thought when the nation's top bankers were being rakd over the coals by congress for the sins of their predecessors today and the averages, well, they barely budged while it was happening. yep, on a day where the market yawned, well, the dow inching up 7 points, s&p up, nasdaq gaining, all the major backing ceos were grilled by the house financial services committee jamie dimon, brian moynihan, and james gorman of morgan stanley among others had to serve as human pinatas for a hostile audience there was a time when these hearings, let's say they would have been more than just great theater. there was a time when america was in crisis and many of these banks were a huge part of the problem but come on, it's been over a decade. the same to soul search was when the regulators failed to protect us from rapacious

welcome to cramerica i don't want to make friends just make you money.d teach you and put into context so call me at 800-743-cnbc or tweet me at jim cramer. if you want to get an honest read on the economy, forget the government data from the commerce department or the federal reserve. instead you need to look at th

welcome to cramerica people want to make friends, i'm just trying to save you money.to educate you but it's to teach you. call me or tweet me. every night i come out here four two big reasons. i like the attention the second and more important reason is i want

welcome to cramerica i do want to make friends but just trying to educate and teach you so call me at00-743-cnbc or tweet me at jim cramer. every now and then i worry we live in the dumbest of all possible worlds. i look at some of the digital stocks and they ar