still to come, an exclusive interview with former new york stock exchange president tom farley we'lldebut and how investors could get involved in direct listings. >>> the leaders in the s&p 500 today, plenty of them to go around, the market, the s&p on pace for a record closing high stay with us here on "closing bell." >>> welcome back we're right near session highs, up a full percent now on the dow and the s&p. shares of kroger trading low, down 1.7% after the supermarket chain reported earnings this morning. and sara has more on those results. >> wall street not super impressed with kroger. kroger's earning did manage to top expectations, also they kept their guidance intact but still this is a company struggling to gain traction with the market. same store sales were up 1.5%. overall sales fell 0.7% and another highlight in a good way is digital sales which were up 42%. i did talk this morning to rodney mcmullen, the ceo, ahead of his earnings call he said on a positive note the first three weeks of this current quarter are actually tracking better than q1 which they just reported

things like it, i like gold long >> what about my starbucks i'm already getting push back from the farley i didn't know they were "options action" fans. th >> they are. >> see you next friday mad money with jim cramer starts right now. - [announcer] the following is a paid program for automatic home standby generators brought to you by generac power systems. - [man] there's no place like home, and today you rely on power more than ever for all the comforts you love. but when your power goes out, you feel helpless, out of control. you're in the dark without air conditioning, or heat, food begins to spoil. many people lose clean running water. the whole network and internet are down. your home security system is useless.

my name is clair farley, senior adviser for mayor breed and director of the office of transinitiatives. i am so honored to be the mistress of ceremonies. there will be cocktails later. i know it is early. you know, i think that today we ask to really honor those whose stories often don't make the headlines, those brave folks in the community who do the work every day. we are excited to honor those folks today. i hope you join us in celebrating them. pride started as a riot. knowing the history can only give us hope and remind us of our strength and power for change. even when the federal administration attempts to strip away our rights, we know that san francisco will fight back. in san francisco we will never give up from the streets to city hall. from harvey milk to the trans women of color. today our community has achieved so much. we have made incredible strides thanks to the generations every assistance before us. this work would not be possible with all of you and without our allies and leadership here in city hall who have joined us on the front lines for lbgt equality. it is my

i'm getting pushback from the farley girl on this my starbucks trade.'t know they were "options action" fans. >> they are, she is. put spreads. >> see you back here next friday at 5:30 eastern time >>> want to day now how much a stock will rise or call? we can't see the future but using back of a nap tin technique to calculate the implied move first identify a catalyst. let's use earnings you find the at the money str straddle or cat and put of the same strike for the expiry closest to that event. add the price of that put and that call and divide it by the stock price. boom, you have the implied move. let's use stock xyz. the stock is parading 1.50, so the straddle is the 1.50 strike at the money put and call. in this example say the price of the call is 7. the price of the put is 6.50 so add those together and it comes to 13.50 that means the options market is expecting xyx stock to move 13.50 up or down, or 9% either direction from $150. that's the implied move. there's no guarantee that a stock will move this much one way or the other, but this is a

tampa source is joe farley thank you reaction to liverpool's champions league victory in a moment but 1st andy rooney's junior champion anthony joshua support of one of the biggest upsets ever seen in heavyweight boxing on saturday night the british try to came into the contest at new york's madison square garden undefeated and was looking to impress on his u.s. day b. but it couldn't have gone much worse he was not down 4 times by ruiz but the referee ending the fight in the 7th round rees winning by technical knockouts he takes all 3 of joshua's belts and makes history as the 1st mexican to hold a world heavyweight title. his victories being compared to james buster douglas beating mike tyson $990.00 s. made even more remarkable as he was only brought in as just his opponent a month ago after darrelle miller was denied a license for the fight. you know what everyone's been down to me since the beginning you know especially from this fight nobody want to know that i was and when nobody didn't everybody that betting on me is as an a makes. you know what i think got to this moment to t

i'm getting pushback from the farley girls on my starbucks trade. >> i didn't know they were optionsus see you back here next friday at 5:30 p.m. eastern time don't go anywhere. "mad money" with jim cramer starts right now >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to save you money. my job isn't just to entertain but to teach you call me at 1-800-743-cnbc. or tweet @jimcramer. when the market gets incredibly oversold like it was coming into this week, remember i told you, you have to expect an amazing bounce e

senate against -- i think it was cheryl farley?d that she was here to serve her constituents and that she wasn't looking to presidential. she totally flip-flopped on that alone. >> she tried to use the abortion issues, particularly at the individual state level in places like georgia, is something to latch on to answer breakout issue. even that still hasn't helped her. >> harris: i want to talk to you about this idea of flip-flopping. is that what it is? is that now it president trump has said that he is on some issues customer president obama said he was that on the issue of same. you do evolve. as that's what happening with gillibrand? you seem to know. >> i will dovetail on something you said. it's a connect ability. it's an authenticity, sincerity deal. i don't think she is. for some people don't like reason, some people take to people and others don't. >> harris: let's put up that list again and i want to show some of the other women and men. particularly women who are in that top ten, if we can. senator warren -- where is she

requests that i have personally made to have businesses added to the registry and businesses like farley'sho celebrated the 30th anniversary and is very involved in the local community. the former supervisor, malia cohen was really responsive and helped us out getting this program started. i would like it if the supervisor in my district where i live and own a business is supportive of a program. this is a flagship program in the city as well as the united states and one that is very well received by the businesses who are grateful of the process to go through to be added to the registry in addition to the financial benefits. i have advocated that the commission should have the authority to nominate worthy businesses to circumvent some of the delays we see when we encounter the supervisor's offices who are disinterested in the program and simply don't have time. i get that we have competing agendas but to make multiple requests to an office and be ignored is something that i just find real estatingly aggravating and something -- really aggravating and something that i wish we could be empo

requests that i have personally made to have businesses added to the registry and businesses like farley'sbrated the 30th anniversary and is very involved in the local community. the former supervisor, malia cohen was really responsive and helped us out getting this program started. i would like it if the supervisor in my district where i live and own a business is supportive of a program. this is a flagship program in the city as well as the united states and one that is very well received

there are protests farley and cindy, activists clashing with pro-democracy demonstrators marking thery as well. they have divided china from the rest of the world over tiananmen square, and of course the spat between the u.s. and china over this issue is not uncommon. harris? >> harris: wow. communist china reminding us of it really is as it tries to make history go away by keeping everybody in the world silent. katie, thank you very much. 2020 front runner joe biden revealing his plan to combat climate change a few weeks after congresswoman alexandria ocasio-cortez criticized his stand on the environment. the power panel weighs in next. ♪ too many people in pain settle for a restless night's sleep. there's a better choice. aleve pm. the only one to combine a safe sleep aid and the 12-hour pain-relieving strength of aleve. that dares to last into the morning. so you feel refreshed. aleve pm. there's a better choice. our mission is to provide complete, balanced nutrition for strength and energy! whoo-hoo! great-tasting ensure. with nine grams of protein and twenty-six vitamins and min

remember "tommy tommtommy boy" farley is like "bees, bees!"e me. >> is that what you're supposed to do? >> not i don't the bee handbook. >> the bees -- >> i don't think they -- i don't think they would come after you unless you are probably -- when you're down -- >> there is nothing more american in london than getting on a hop on-hop off bus. that's what you do. thank you so much. >> thank you. >>> all right. we'll be back. breaking news from japan overnight. the president has been addressing a number of issues. and now he says the u.s. is holding off putting new tariffs on china. what else he said. he talked about so many things. so recently my son's band was signed by a record label. while we're on the road, i can keep my parents in the loop with the whole facetime thing. i created a rockstar. (vo) the network more people rely on, gives you more. like great deals on the best devices. that's verizon. you eat right... mostly. you make time... when you can. but sometimes life gets in the way, and that stubborn fat just won't go away. coolsculp

could skill most of all for me coming up again later farley peter thank you very much for that that's it for this news hour on al-jazeera from me fully back to the whole team here in doha thank you very much for watching live next to my london essentail with military by i forgot. this is a dialogue reading about it for months and staying at it on international media and on t.v. why should we stop this conversation with skepticism because there's a lot of that on my everyone has a voice we are being taken advantage of just because we are small community without any network just each helps join the global conversation on out to 0 all they want to do is start to do the same kind of debates we have your history. when the news breaks the inauguration of comedian and actor as president of ukraine when people need to be heard there were days when i get involved in the work with no food for my child go to the all way to sleep with an empty stomach with exclusive interviews and in-depth reports al-jazeera has teams on the ground to bring you more award winning documentary script was russian go

think they can turn on a dime when they finally get it, they're entirely wrong if you listen to tom farley, another georgetown grab just on "power lunch" another fantastic cnbc show. >> "closing bell." >> yes, "closing bell" i lost my train of thought. >> go on. >> he said should they be cutting. no, as a matter of fact they shouldn't be cutting he went as far to say maybe they should be hiking i know it sounds preposterous, but if you continue to do the same thing over and over again hoping for a different outcome, you know what that's the definition of. that's what happened for the last ten years yes, asset prices have gone higher, but the economy hasn't gotten better. >> if fed is going to cut to generate inflation, why didn't we get a bit of inflation at basically zero rates if you look at where they like to look at inflation, the volatile food and energy sort of thing, we're at 1.6%, look where if we get the two cuts in 2019 we are basically going to be at zero again real rates, right so what are we doing here? where is the crisis? if everything we are hearing out of unemployment, out

. >> guys, one fan of this method is actually tom farley who used to work on the new york stock exchangehe time he was tweeting out just last friday, chewy gave $50 million of gains and 80% cost of capital and i don't understand why more companies aren't direct listing. is it a way for them to save money and not put so much money on the table >> the thing is with the direct listing you're not leaving any money on the table because you're not raising money in the first place. they need that money to wage the ride-hailing war the ipo was the way for them to go because they needed that capital to invest into their business, but he's right there is no money to leave on the table because you aren't raising money in the first place. >> the offset is the fact that these companies spotify and slack have raised money privately in the last year or so so they don't need to in the public markets and probably the same investment banks have --? difference needs >> it was just a year earlier. it's not zero sum, but it is different. >> i think the leave the money on the table is completely hindsight and

it is a farley from the penny arcades.the gaming world with highly technical players, arena sized audiences, and big sales. the global e-sports market rate in $865 million in revenue over 2018, with nearly 26 million viewers in the u.s. 's largest in a second with 50% of the world's viewers. that is compared to 12% in north america. with the e3 conference underway this week in california, all eyes are on the booming business. gaminglifornia-based e- committees have a combined market cap of more than $60 billion. private investment in e-sports is going as well. total u.s. venture capital investment reached $1.8 billion in 2018, up from $32 million in 2008. that is a more than 5000% increase in a 10-year period. raised $53e-e-sports million last year. teams compete in popular games from fortnite, world of warcraft, and league of legends, with the largest number of players. more than apick up high school. the largest prize pool was close to $26 million in the 2018 championship in vancouver, canada. with the global market proj

you can buy the tools from pretty much everywhere a lot of the attacks are conducted using farley wellake that much difficulty or money to go out and buy the viruses or even craft them on your own from a nation state perspective to go in and cause problems inside american companies or inside the u.s. military or government. neil: interesting. brian thank you very much. good catching up with you. >> thank you. neil: the president is also expected to sign executive order today that targets hospital prices, at least makes them more transparent so you can know if you go to a hospital how much it's going to cost you, this way if you're feeling sick you can get sicker. after this. my insurance rates are probably gonna double. but dad, you've got allstate. with accident forgiveness they guarantee your rates won't go up just because of an accident. smart kid. indeed. are you in good hands? neil: you didn't hear it from me but this 5g thing is going to be very very big and the white house is considering additional pro techs for 5g technology in the u.s. , deirdre bolton is here. >> yes it is go

. >> tammie farley. >> we have karen. karen is 20 years old, is that correct?is new empire, let's be frank, when we signed that contract we were idiots. we knew nothing about the business. we had poor legal representation. nobody looking out for us. >> remember, bands don't really get record royalties usually ever. so they get money from touring but they get publishing money. so in the very beginning, one thing that geffen did i thought was great, he had us form a band publishing company. all the band's publishing went in that. the problem was geffen had the other half. >> half on our publishing went to warner brothers. but he got them to return mine. >> jackson turned me onto the eagles. he had turned me onto a lot of artists. and i felt i owed him something. >> and that not surprisingly was not acceptable to the eagles. there was a certain amount of ire, like real like, you know, like [ bleep ]. i mean, whoa, we didn't get our publishing back. so it was the publishing issue and the fact that the business managers and lawyers were all shared common guys. did t