>> caller: boo-yah, cramer. >> boo-yah. >> caller: hey, listen, i love your book.stmas present i ever got. >> thank you. >> caller: i have a question about merrimack pharmaceutical. >> we like that company. cole in new york, cole? cole? >> caller: hey, boo-yah, jim. >> boo-yah. >> caller: my stock is bio again -- >> everyone turned on bio again and decide there had is nothing to franchise. i think this is a mistake. i actually want to be a buyer deep in the money calls. let's go to ray in texas, ray? >> caller: hi, jim, thank you for much. i read all your books and watched your shows. >> thank you. >> caller: i'm very much interested in a company alny -- >> no, we like this thing. this is a whole different way, personalized medicine target. we like that stock. i need to go to peter in pennsylvania, peter? >> caller: boo-yah. >> boo-yah. >> caller: i want to know, jim, buy hold or sell ge? >> i think ge is a buy. i mean, i know that i flipped it out in my travel trust, it just seemed like it just doesn't have the momentum i like, but, you know what? i think the stoc

>> caller: boo-yah, jim, from los angeles, california. >> boo-yah. >> caller: boo-yah. jim. i'm kind of in a dilemma here. i've got kind of a high-quality problem. i have a good position in bristol-myers, but i'm -- >> bristol-myers! >> caller: bristol-myers, yeah. but i'm up almost 40% on it, though. and even though it's bristol-myers, i'm thinking i should take some profit in this, what do you think? >> no. it's bristol-myers! you don't sell bristol-myers, we keep bristol-myers. i like it. 40%, not enough. maybe 50%, you give me a jingle, right back at you. vinod in new jersey. >> caller: a new jersey boo-yah to you! your book is an encyclopedia of knowledge. i use it every day. my question is on chevron? >> it's a boring stock with a good yield. i prefer royal deutsche, because it's got a better yield. so i say ixnay and go with royal deutsche. there's plenty of noise stocks, alibaba, twitter, there's macy's, but i don't hear much about apple. but that's a stock i'll take every day. on "mad money" tonight, big headlines about a major market player that's benefiting from t

we'll start with mike in new jersey. >> caller: boo-yah! boo-yah to you, jim. >> that's talent. america's got you, which is talent. what's up? >> caller: i appreciate that very much. fyy is the ticker. i like the conference bowl, i didn't love it but yeah. >> i want that deal closed, and it didn't. i'm lousing a little heart, and that's syy. it's not coming together. the 3% yield doesn't protect you. not crazy about it anymore. that's a new position for me. wally in washington. >> caller: yeah, boo-yah from the land of overpriced coffee. >> i like that. >> caller: i want to take advantage of the boomer of the health care. maybe health care might be a good way to go. >> i like ben tas more than omega. yours is good, but i like mine. let's go to larry in nevada. >> caller: hey, jim. here with a big boo-yah from henderson, nevada. >> what's up? >> caller: i need your help on two things. improving my golf game and telling me if i have a good stock or not. the company is fei company, fei symbol. >> i can't help you with the golf, but this is the kind of company, remember, this is a s

elementary school learning so much from you. >> boo-yah, mr.ramer. >> i know you hear this all the time, jim, but thank you, thank you, so much. >> this has been my best year by far and away in the market. >> i want to thank you, you know, for looking out for the regular guys out there. >> great to hear your voice and know that you're there for us. >> from our family to yours, happy thanksgiving, cramerica. ♪ >>> as this market continues to slowly power higher, even with occasional small dips like the one we had today, there's something that's been really confounding the chart watchers, and that's what exactly the cbo volatility index, the vix, aka the fear gauge, is doing right here. so tonight we're going off the charts to take a closer look at what they might be saying with the help of mark sebastian, the founder of optionpit.com, as well as being our resident vix expert on "mad money," he's been nailing this vix nine ways to sunday. here's the issue, even though the volatility index is at historically low levels right now, trading at $12 an

warm and sunny california boo-yah to you. >> freezing cold nasty jersey boo-yah. what's up?er: i'm interested in prospect capital. >> it's one of those mezzanine finance companies. those companies are out of favor and i'm not going to try to bring them back in favor. angelo in new mexico. angelo? >> caller: jim, it's angelo in santa fe. >> oh, man i love the land of enchantment. how can i help? >> caller: in light of the supreme court review and the republicans continuing to tack on hca, what do you see? >> i thought the supreme court review -- it made me feel like i too had to become away from hca. i think you've got to wait now. honestly, it's had an amazing run. and now you add this new wrinkle that i think makes it too hard to own. let's go to perry in new york. >> caller: boo-yah, jim. first i want to thank you and your fantastic team for all the expert advice and research that you've done. my stock is yelp. >> okay, yelp, you have to understand. yelp is a long-term situation. it is a very risky stock. you have to keep adding listings. but you know what, i feel the same

"mad money" back after the break. >> military boo-yah. >> big navy boo-yah.h-flying united states air force boo-yah. >> this veterans day, "mad money" honors those who defend our country's freedoms by helping defend their financial futures. on november 10th, join cramer as the leaders of america's top companies unite with our armed forces for a special invest in america, salute to the troops. ♪ there's confidence... then there's trusting your vehicle maintenance to ford service confidence. our expertise, technology, and high quality parts means your peace of mind. it's no wonder last year we sold over three million tires. and during the big tire event, get up to $140 in mail-in rebates on four select tires. ♪ >>> it is time -- it's time for the "lightning round" on cramer's "mad money." rapid-fire calls, buy, buy, buy or sell, sell, sell. are you ready, ske-daddy. time for the "lightning round" on cramer's "mad money." start with gary in new jersey. gary! >> caller: oh, yes. good evening, good evening, professor cramer. >> oh, a professor. i love to be tenure

>> caller: boo-yah, cramer.ust want want to give a shoutout to my family, home of the winning cleveland browns. >> they look good. >> always have to do on the good ones or bad once. i don't want you in clif. santos? >> caller: so sorry about the loss of your father, sir. >> thank you. >> caller: i.m.s. is it time to stuff that turkey? >> oh, it's okay. i prefer quintile. mckesson, i think both are better. >> boo-yah from cold, snowy michigan. >> we have a big game there tonight. what is going on in. >> caller: iliad, is it poised to come back? >> i think it will. i think people are worried about pricing. and so we know prizing, i think that stock will be under pressure. >>> let's go to craig in california. >> caller: how are you doing? jim cramer. >> what's up? >> caller: you've got a california boy, but i lived in jersey for a while. >> we have thg, hanover group. >> sure, used to be my insurer. >> but it's been on the books for about four years. i'm just wonder is it time to pull a trigger? >> i think it's fin

. >> boo-yah, high-flying united states. boo, boo, boo-yah! >> this veteran's day, "mad money" honors those who defend our country's freedoms by defending their financial futures. on november 10th, join cramer as the leaders of america's top companies unite with our armed forces for a special "invest in america." salute to the troops. >>> before we get to the lightning round, we want to bring your attention to a worthy cause near to the cnbc family. the lulu and leo fund is hosting its charity auction. it is now live. some of the items up for auction include set visits to shows like the "blacklist." you can attend the triple crown races. come here and meet me and visit the set. there's more, and it's to benefit children and families foster creativity through the arts. enter your bid at charitybuzz.com/lulu&leo. >> now it's time for the lightning round. [ buzzer ]. >> are you ready skeedaddy? we'll start in california. >> caller: hi. thank you for taking my call. >> my pleasure. >> caller: i'm from northern california. first, thank you for shar

>> caller: big boo-yah, jim!good job, man. >> caller: i picked up transocean before the dividend and i was wondering if i should dump the stock now or if there's some longer term upside. >> that is the biggest house of pain out there, along with c drill, a stock that my charitable trust owns, esv. i can't wish this one on anybody. i think the stock still has more drown grades to go. i think it's probably maybe on three, four points from the bottom, but a lot of people can't take that elbow pain. you have to judge whether you can take the house of pain. elaine in ohio. elaine? >> caller: hi, jim. i want to know what you think of a stock called wpv. >> i think it's a cheap stock. i like it. i also like wnb. i like the williams complex, i guess you can say. i like wmb a little bit more. that's a friend of, my friend has completely brought that to my attention. that's up 40%. if you want to, though, i think that your situation is excellent. carlos in california. carlos? >> caller: boo-yah, jim, from the bay area. >>

>> caller: hey, boo-yah, jim.s for taking my call. >> of course. >> caller: i want to thank you and my staff to helping me to turn my strategies around. i appreciate everything that you do. >> thank you so much. i feel great about that. what's going on? >> caller: my question is about how much cash i should keep in reserve. i'm often finding myself in a situation where i want to pick up a stock that's advancing faster than something i might have and i have to sell something off in order to do that. >> see, that's why action alerts we rank or stocks from 1, 2, 3, 4 in the quiet off the desk, not when the market is open, so we can sell our force and constantly raise some money, 5% in cash, 10% if we're starting to be lukewarm. we've taken or cash position all way up to 20%. but i think you have to take stocks off if you don't like the companies. that's what you do. and always if a stock increases more than 50%, you should be playing with a substantial part of the house's money by -- mark in tennessee. mark? >> calle

half the people were saying boo-yah behind me. holy cow, am i in a jam. kohl's, okay. jc penney. >> we have time. smaller than expected loss. looking for jump in same store sales, but warmer than usual weather. >> if you go over that call, they are going to talk about how the dot-com was woefully undervested. they had too much home goods for the stores. the comps had disparity. macy's is spending a fortune on technology as is nordstrom. jc penney underinvested in technology. they say they are going to compete vigorously. i like their stanford shirts. i do think jc penney needs to spend more on technology. terry lundgren spent more on technology. >> gas prices, you see the forecast, u.s. government's forecast for gas prices next year below $3 a gallon. that's $61 billion in consumer savings over this year. >> someone saying $40 billion in investment is going to come out of the oil patch. that is untrue. i would point out that the longer it stays down, the more people acclimate to it and start changing their schedule, start changing they do. >> believing it will last. >>