go ahead, talk about alcoa. >> alcoa today, look at this chart, just look at the day chart.go back a year, you see this stock was trading 20s, got up to the 30s, pushed up towards 40. and here it is now trading in the mid 30s. sort of been in this pause now for a while. as you can see right there. i think the thing that's interesting in alcoa today, they came out and started buying very, very aggressively. the april 36 calls. 5,000 bought around $1.2 oh. the april 36 calls, the volume and the huge spike right there. when you look at the material space, that's one of the areas since the trump rallies began. material space is one of those that has done very, very well. alcoa being one of those names. short-term trade. john talking about that earlier. these expire on april 7th. what does that mean? it means i'm going to be in this trade for probably a couple of weeks at the very most. >> yeah. could we throw back up arconic back at headquarters? i just want to show you that stock is now at the highs of the day. again, this new letter coming from elliot today, sort of stepping u

stuart: it's the same as chrysler, the same with much more than alcoa, much more than alcoa.s worth the same as corning, an advanced company these days. >> it creates intangibles in people's lives. liz: making and sending funny pictures? >> that's a good point. this snap sends funny pictures, ha, ha, ha. >> you don't like it? >> no, i don't understand it, quite frankly. liz: it's an intangible with a capital i. >> this all may be illusory wealth. you and i don't get to say what people-- >> it's illusory capital. stuart: raw capitalism needs better pr, for wealth creation for everybody cross the board. that's what we need. we're at 9:28.30, we're seconds away from the opening of the market. the dow was up over 300 points yesterday and took off all over aga again. i might add around 11:30 eastern time yesterday morning, we were on the air and put on the era sound bite from steven mnuchin, my colleague neil cavuto did an interview with him, a sound bite said that you could have a tax cut by august. he was dramatic about it and by august. that was extraordinary news and at that p

. >> i think alcoa is a commodity trade, i'm a buyer at 42, it didn't go down to the mid 30s.'m going to harry in michigan. >> boo-yah, mr. cramer. celg wooir celgi, buy, sell or hold? >> >> and that does it for "the lightning round." form wherever . you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade >>> i have said over and over again that president trump's push for deregulation will likely be a big positive for both the stock market and the business community. but i think we need to look carefully at what these moves really do before we draw any conclusions. president trump's executive orders yesterday that rolled back many of obama's climate regulations. what is the effect of rolling bag these regulations? trump can talk about coal and whatnot. the utilities have multiyear plans set for how many new plants they're going to build and what kind of plants they'll build. this news is not going to ma

and that's the main reason why alcoa can go up here.a long term trend. >> what's on mad tonight? >> one of my favorite stocks is domino's pizza and it's really been remarkable. no excuses. way up story. and then mr. muehlhaeuser, that is the old -- food service. i went by the bar last night, we don't use any of their stuff, these of course are big institutional, but they make garland which to me is the finest stove in the world. new guy. new guest. >> jim, good show tonight. >> thank you. >> good monday under our belts too. "mad money" 6:00 p.m. eastern time. when we come back, we'll talk trump and the economy with austan goolsbee, chief white house economic advisor under obama. dow's down 45. hi, this cindy at reverse mortgage funding, how can i help you? i'm considering a home equity line of credit, but since i'm over 62 years old, a friend thought i should first look into a reverse mortgage line of credit first. can you explain the difference between the two? sure, well, when you take out a home equity line of credit you're required

and alcoa announcing details of secondary offering.he company will not receive any of the proceeds. >>> the ceo of target getting political opening up about his thoughts on the proposed border adjustment tax. >> if this goes forward address currently proposed. it's the consumer in the united states that will pay for it. they're going to pay for it because there will be higher price force apparel and home goods and other items they buy. those school supplies that you reported on. and for a company like ours and many other retailers, if we can't deduct all the items we import, it puts us in a difficult position. >> the leader of the retail giant also said he's hoping for a different plan that works for both american families and retailers. >>> tim cook making a stop at a bike sharing startup during his trip to china the startup is one of two major bike sharing startups in china and was created by university students looking at making commuting more convenient. it expanded across several cities across china. cook wrote thanks for welcomin

the actual alcoa before i would buy ati. all right. can't stop, won't stop. the bulls still raging and unless we have disapointing quarters, i don't know. it seems like next week could be more of the same. on "mad money" tonight, infrastructure spending seems to be the only think both republicans and democrats seem to agree on. tonight i'm taking a closer look at two under the radar plays in the space that could be worth eyeing when i turn to tonight's homework. then revenue from east ports and streaming game content is expected to reach $3.5 billion by 2021. how can you profit on the trend? i'm eyeing the players that have their head in the game. and with trump's pro-drilling nominations for the department of state, energy, interior, the oil and natural gas market is set to skyrocket. we think. maybe not. i'm sitting down with one of the smartest guys in the industry to find out what that means for the sector. i suggest that you stick on this st. patrick's day with cramer! >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a

nd alcoa up 1% upgrated -- upgraded to b.m.o. to $45.esterday that alcoa was going to buy out rio tinto. not commenting on that. that would be some kind of head line. jonathan: that would be some deal. before we we get to mr. dudley, inflation back to tearget for the first time since 2012. does that mean the fed is behind the curve or validate the fed being patient over the last five years before they finally did start to make a move? david: interesting to hear what mr. dudley had to say. i would guess we were right. alix: the question is sustainability. i go back to the brooking institute. it was fascinating. if we spend 40% of our time you have to inflation your -- you have to raise your inflation market. jonathan: isn't it amazing to talk about normalizing the balance sheet and treasury still 2.42 on the 10-year. we cross over to bloomberg's economic and policy correspondent michael mckey who stands by. michael: good morning. we're at new college, a small liberal arts institution here in sarasota that is the honors college for the flo

. >> first up, alcoa, getting an upgrade going up $10 to $45 a share.s says there's about a 30% to 40% upside in the shares if aluminum prices remain flat and a 60% upside if prices rise just 10%. bmo believes shares are discounting 10% to 15% decline in prices right now. >> wow. this next stock when i did this this morning, i thought of you and of "fast money." this could be a guest at 5:00 p.m. eastern. loop capital with a buy and an $1,100 per share target. yes, melissa -- >> the highest on the street. >> second highest. 25% upside. there are two major aspects. there may be a spinoff or ipo which could have a $2 billion valuation. as you noted it's the second highest price call on the street. susquehanna at $1,250 but that's a lot of upside. >> people have been speculating. the third stock here, actually two for one, mcdonald's and wendy's. credit suisse, offering fresh hamburgers. the sales improve materially in fresh beef test markets with rails rising 35% in some places but wendy's, which is neutral rated, could have the most to lose given the hea

we partnered with community colleges in multiple states to advance this with alcoa and dow.ave given to the department of labor. so other companies can use it. we're happy to share best practices. the white house liked it. there were three u.s. companies present. three german companies present. we all got action items to figure out how we can scale this together. >> judy, i wonder how you would 6 -- i guess characterize the urgency of this issue with regard to displacement of labor with automated manufacturing and other things. we had the treasury secretary saying this is a 50 or a 100 year problem. not something so immediate. what about in your business or over the time horizon you're planning for? >> well, we see it as a collaboration. you will see a couple of german kuka robots coming to you from the future flexible lab here in princeton or the research facility. we think that's a critical role for robots, when decision making is needed. when agile skills are needed there's a clear role for humans. when you need quantity or speed that humans can't do, there's a place for

we had an upgrade from alcoa.o you know how many times the aluminum market has been destroyed by the chinese. look, the state companies have been providing jobs. what do they do in china? they rob our jobs but send us a lot of their pollution. 17% of the pollution in california comes from china. one-fifth of the country. >> look, this was one of the risks that the -- at the very beginning of the administration we started to talk about when you look at, you know, investing in the market. things that could upset the market. are they going to start a trade war? maybe they have softened a tiny bit some of the rhetoric around nafta. even though the president wants to have a renegotiation. >> maybe china is a paper tiger. ever hear that? maybe china is a paper tiger. maybe those conversations in florida don't go the way we think. maybe they need us more than -- maybe we have been laying down. maybe we have like you know what? throw in the -- throw ing the game, maybe to sell more shampoo? >> oh, to be a fly on the wall

individual names, alcoa upgrade to buy from neutral. dupont relatively flat. dow chemical to buy. not a percent chance of that tie up happening soon. gopro hitting hit by off 3%. the second big cut in two days. saying on friday there's an issue of the faulty rollout of some of the holiday products. snap bills itself as a camera company. keep that in mind as you look at gopro. the bigger question is, where do we go from here with the s&p? favoritene of my charts. this is the median estimate of 2017 wall street estimate. this is the high, this is the low. currently, it is right above the median estimate. take a shot of deutsche bank. the question is, the longer we stay above this median target, do we see more upgrades to the s&p for year-end or is it too much optimism? jonathan: joining us now, chief investment strategist, one of the most bullish on the street. me,leman, someone said to the chart was cheating. john, you look at the moment. how do you feel about upgrade at this point? chasing price with the substance has not evolved any way shape or form? trying

. >> all the things -- i'm watching alcoa, remember when that min trerals trade was suppd to be overd international trade over and rotates of drugs and you know what the money never left. the money hates bonds. they hate bonds. they like stocks. >> largest market cap company in the world is already up 19% this year, that being apple. that's helped. >> their greatest days are behind them. i saw tony -- guy, you just missed 40 points. >> there has already been a very significant rally in tech names with apple and facebook up 19%. alphabet has lagged, as you say, google up only about 7%. amazon also, those are huge moves. those are moves that investors would be happy with on a yearly return for many of these names, 14, 15, 18%. >> remember when coca-cola doubled in value in the '80s and people said, oh, my, that's ridiculous, gm is so much bigger. no, they're having one of those moments. it's a revaluation moment. >> and when people say narrowing leadership two-thirds of stocks under their ten-day moving average, no, nothing? >> it just all ended this morning. >> yeah, it's going to cha