it's just, as bonawyn said, it's a bit of a data point. but there's been enough data points that i think there will be changes. >> let's go to the blow out retail report and bottom market responding with this >> not in my house ha ha ha >> investors batting away fears like that geico commercial, i actually do know who this guy is check out the ten year note following the second best note on record yields falling to the lowest level in more than a month even as consumers with stimulus checks pump tons of money into the economy is the bond market giving investors an all clear that inflation is just stem pr-- temporary. karen what's your take >> confusion is my original take normally we'd see retail numbers like that and think, okay, inflation. and we've talked a lot about the feds talking about transitory inflation. and so i was wondering, all right, is that what the bond market is thinking so i turned to my friend andy constan who helps me understand all things fixed income, he was saying yes the bond market may believe it's transitory but

the context and back drop in which they are working this kweek week, bonawyn, yield were elevated today at 1.68 yesterday 1.74 it's not like we had a real pull back in yields and say ye because of ten-year yield went down and we're seeing a bounce in tech. >> great point they are elevated but they are off from their highs and the voluatility around rates slowed down to send shocks through various parts of the market a lot of the names are off 10, 15, 20% from their high. at last check what gets you in is cash and these companies are flush with it. glad to see people are taking a look, diving into financials to see value, 22 to 24 times forward pe you're in line with the market and makes a lot of sense. a testament to how far and fast and how much momentum these moves have run. >> karen, are you still short in igv? or time to pull the plug >> no still short today. it's a theory of race going up and that being bad for the super high flyer for the tech names you and bonawyn talk about those names i think of as value tech alphabet actually had hit a new high earlier this year but today it's

bonawyn thank you for that for more "options action" tune in tomorrow at 5:30 eastern time coming up, one stock 14red sledding gains as analysts tighten belts. plus a company locked in a rewerhouse pot deal. mo on that when "fast money" returns. i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn ♪ ready to shine from the inside out? try nature's bounty hair, skin and nails gummies. the number one brand to support beautiful hair, glowing skin, and healthy nails. and try advanced, now with two times more biotin. >>> welcome back to "fast money", www share shedding gains on the back of morgan substantial call sta

. >> bonawyn >> lyft. >> karen >> pfizer. >> guy >> inbegin. >> have a great weekend. "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 kram erica i'm here to make you money, my job is not just entertain you but educate and teach you. welcome back to bizarreo is wall street where bad news is good news this morning's jobless claims number came in citizdisappointi high, terrible if you're looking for work, but fabulous for wall street but federal reserve will not raise interest rates any time soon. fed chief jrks powell wants to stick to his guns for growth stock buyers to come out and buy their phase again. that's how the market could roldan with s&p 500 new all-time high and nasdaq where those super gross stocks live surge 1.76%. if you want higher stock prices you need better than expected earnings. >> hallelujah. >> and bad non