. >> that's because you can't buy them here. i want to buy television sets here. i want to buy. i buy thousands of television sets here. i have a lot of different projects, as you probably have heard. i buy thousands of sets. i cannot buy a television set in this country. >> if you want other companies to make their products in america, shouldn't you make your products in america? >> they don't make a lot of the products. >> shouldn't you lead by example? >> george, i told you. they don't make this stuff here.

i think it is getting much more competitive. >> i'm buying, you're buying.e are still 12 million shares. you've been buying back stock but it is going up. we have a huge buyback underway. i paid taxes last week. wess now is the time. i'm looking at an article about donald trump. do you think it would be good for business? a lot of people are concerned. >> do i. i was a support he of ben carson during the primaries and the people who worked with carson came over to work donald trump. i certainly think he will be better than hillary clinton. >> hillary clinton speaks for people who may not be all that wealthy, who would be clients of lending tree. >> i think donald trump speaks for the working class as well of i grew up in pennsylvania. i know those people well. we want to save them money and i think he will be best for the country. >> let me go back to lending club. you think. >> reporter: other companies still getting in that business? it is a good business if you do it right. >> it is. as a matter of fact, your old place. goldman sachs, they'll be entering

and, how would you like to buy

buy buy. >> and then the lightning surround over.ing round. start with joe in ohio. j joe. >> caller: boo-yah, jim. do you think there's much room left for growth in csx? >>. >> i'd rather see union pacific. csx is good. i think you have to play it. that's the pecking order. >> dr. cramer, with whole foods reporting tomorrow, i wanted to get your take on tree house foods. >> they do the private label for everybody. i like tree house very much. >> beverly in new york, beverly. >> this is beverly from staten island. boo-yah. i'd like to know about dine equity, buy, sell or hold. >> remember that the company was hurt by the fact that mcdonald's is going to do that all day mcdonalds. i think we're going to stay away until we get a better quarter. >> my question is -- >> we decide, remember that one is a little too -- we were saying that was a little too controversial. >> frank in pennsylvania. >> caller: starbucks. >> they're going to go to 1.84. we can't wait to buy more. jim in florida. jim. i bought seagate technologies. just a few we

why should we buy? in the end, a little bit, why should we buy when we know that stocks that have this trajectory have hurt us? >> yeah. wall street is a collection of people. so there are many different viewpoints in there. i'm not sure there is a common one. that is the beauty of it. there is a diverse group of thoughts. in term of what we think. which is what i can really attest to. we're reasonably good at estimating i'm not saying we will always be right. i think if you look back, we're pretty good. >> yes. that's why this quarter there's a misperception that it was a miss. and next quarter is down. i'm just saying, last question. do i have any confidence that this will be up? >> at the last quarter? i'm not projecting quarter by quarter. what i can tell you is backing up and looking at the larger picture, we're in great markets. we had huge markets. we have great markets in the pipeline. people love our products. they love using our serves. all of this to me equals great opportunity. now your view

if they go down, you'll be ready to do some buy buy buy and not some sell sell sell. we're going to get the friday feeling. when the jobs report hits the wire at the end of the week, hold on to your hats. the reason i started this show can be boiled down to six thoughts. plus, why some healthy sceptici scepticism. stick with cramer. >> announcer: don't miss a second of "mad money." follow jim cramer. send jim an e-mail to cnbc.com or give us a call. 1-800-743-cnbc. miss something? head to mad "money".cnbc.com. will your business be ready when growth presents itself? our new cocktail bitters were doing well, but after one tradeshow, we took off. all i could think about was our deadlines racing towards us. a loan would take too long. we needed money, now. my amex card helped me buy the ingredients to fill the orders. opportunities don't wait around, so you have to be ready for them. find out how american express cards and services can help prepare you for growth at open.com. >> i do it with a spectacular team of people headed by an executive team of people who has been

buy buy buy! before i get started explaining why i like this market, let me say that i pay very close attention. we got some real eye popping numbers from the investors intelligence poll. it turned out that only 35% of the wires are bullish. lowest level since february. 24% are bearish. a six-week high and the rest are calling for a correction. more than any time in the last eight months. these numbers should make you stop think and. wow! are things really that bad? i mean, is the situation really as frightening as february when the global economy took a nasty spill with many companies on the verge of bankruptcy that had nothing to do with oil and gas? the oil and gas patch just ravaged? are things truly as terrible as eight months ago when china was on death's door, looking like it would collapse? we've seen the worldwide financial catastrophe? obviously not. the very idea is ridiculous. there's no way things are that bad. even though there are some soft patches in the economy, we have at love go

let me start by saying both these stocks are buy buy buy!the best it's done in years. i know many of the critics saying the all day breakfast is a one trick pony that has run its course. i disagree. this has been discounted again and again by people but it still has legs. secondly, it barely started kooching and they are beginning to staff the stores as they accept there's something big in the air. and they are buying into it. go do some homework. oh. but the fact is, mcdonald's in the end, it is a gigantic international presence. the stock has been pummeled since the narrative changed. how about pepsico? while the company has been dinged for the 3 central soda. at a in the city of brotherly love, 45% of sale are from overseas. and it had such a great quarter. it doesn't matter. both have battled for dividends and it is worth pointing out the weaker dollar is crucial and critical to going higher in the second half of the year. who else has been hurt for the need for higher rates? how about 3m. fantastic quarter. the stock took off. we heard

and you can buy it with a simple click of a mouse.uch illegal business activities take place on what's known as the darknet -- the dark underbelly of the internet. dimitri and his colleague will report the site to the authorities. other anti-drug activists have a more radical approach. they hunt down drug dealers and raid their stores. activist groups like these have now formed in almost every russian city. they say the police are overwhelmed and need their help. they brandmark the dealers and put the videos online to expose them for all to see. back to the city without drugs foundation. everyone present here is a former addict, including andrej kabanov, the boss. heroin use has gone down in yekaterinburg. but designer drugs are on the rise, and their users are often alarmingly young. dimitri: drug addicts used to be between 22 and 25, now they are often 14 or 15. we even have 9 or even 6 year old kids, taking drugs. >> andrej kabanov was an addict for 11 years. he is proud to have had the strength to kick the habit. addiction is not

commodities, buying crude and buying energy here. you're up 50% off the bottom, i've got it. you've taken out the two-year down trend and 200 day and also this resistance. the stock is up 14% year-to-date and you get a 4% dividend. play the weak dollar, and the strength in crude and energy. >> rich ross, thank you so much. let's take colgate number one. dollar play. we like it or no? >> very, very expensive. on a current basis, 45 times earnings. next year you're in the high 20s. the multinationals, let's wait to hear from the companies. this is part of the formula. for every guy that talked about the strong dollar, you had probably a handful of them that talked about how it was actually affecting their business. it will be nice to see what the tailwind actually means. we're in a weaker dollar environment. i don't chase it here, even though it should be trading at a premium. >> that's the issue with colgate. a lot of that weak dollar may have been priced into this. this could be a false breakout. if you're looking for that breakout,

. >> you were buying stocks in february, were you not? >> just when thing look that bleak, usually the market is sold out. i thought the talk of negative interest rate was shocking given that the fed was on record saying they were going to raise interest rates four times over the course of 2016, which i thought was never going to happen. by the many a strange world when you are talking about four increase and you are getting questioned about should we go to negative interest rates. the best trade i have done over my 30-plus career are the ones where your hand are almost shaking out of fear when you are writing the ticket. and that was almost the case february 11. but the problem we are facing is most stock markets around the world are way off their highs. the japanese stock market, it's been terrible since they went negative. the european markets are down 10%, 15%. negative interest rates in europe and japan were supposed to be sometime la tough to their markets and economies, and they are supposed to weaken their currencies and the oppos

buying the 90 call. somebody thinks it's going higher. >> buy allergen. i love the stock here.want to give a shout-out to goal for kids. a charity this wednesday night 6:30 to 9:00 downtown. >> tribune. don't buy it. >> xon. >> i'm melissa lee. see you back here tomorrow at 5:00. "mad money" 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 finds it. "mad money" starts now. hey, i'm cramer! welcome to "mad money." welcome to cramerica. my job is not just to entertain but to teach and coach. so call me. 1-80 1-800-7 1-800-743

if it goes lower you have room to buy, i like to buy in stages, in my books i talk about stage buying because i don't want to be overconfident. don't be overconfident. brian in new york, brian. >> caller: hey, jim, how are you? >> caller: i'm fine, how are you? >> caller: i have a 401(k) from a previous employer and i'm trying to decide whether to put in the an annuity accounts managed by an insurance company or just a traditional i.r.a. >> i want you to run it yourself. you watch the show, i think you can do it yourself. the annuities have fees. i'm not against anything that makes it so people can build wealth but my experience has been a lot of annuities have fees that eat things up. maybe there's some that don't but i believe in self-directed investing when it comes to that and if you have to you can put in the the next fund with if you dent have time. i like to take control of my investment, an i.r.a. lets you do that. investing in stocks and investing in bonds are two very different things. as you get older you can add exposure to bonds but young investors? you just don't belong

you should buy a stock?s he give advice on that, too? >> there's advice on when to buy that stock and you have to think about what you're comfortable with and make sure that you have money on hand to take advantage of opportunities. the thing that rea trips up a lot of investors is the greed factor. you know, or the fear factor. they are too scared to get into a stock or too greedy to get into it when they need to. it's important to put your emotions in check and keep it in check and remember that you're buying a stock that you are comfortable with and that you intend to hold on to for a long time. >> you make it sound easy. as we know, anybody who plays with the market it's never as easy. >> he does make it look so easy. but it can be helpful to investors. >> sharon, thank you. great to see you. >> great to see you, too. >>> up next, a look at the news for the week ahead and treating your pets with pot. we will talk about the highs and lows of the controversial treatment. >> that's a good boy. ♪jake reese,

so instead of buying one device that you put in the corner of the home, you buy our system of three,ou plug these units in around the housement. so you will have perfect coverage whether or not in the kilt ch -- kitchen or the living room or up in the bedroom. >> lots of companies coming after the problem, and google is trying to do it with its own wi-fi router, and shoume is also entering the market, and so what are you planning to do with the market as you got good reviews on amazon, and 4.5 stars, and more than 800 reviews boding well, but that is serious competition that you have got. >> yes, that is what is key with the new financing, because it allows us to keep investing in the product, and keep improving the features delivering to the customers. for example, over the last three months since shifting, we have added a new update every week, and helping the features and we are committed to improve the eero systems for long time. >> and you starting to buy them on best buy, and in retail this summer, and any earlier indications for the consumer demand for something like this? >>

>> buy buy buy. >> lox, not nova, not belly. but liquid oxygen. here's the great thing about the wind down of earnings season. with the retailers finally coming out with their numbers. we start to see genuine introspection or at least what passes for introspection ones with wrls. money managers look back, they think, and they buy the stocks in the big time loser earnings period we just got through. if the recent slag in the entire market. winners, because this quarter's performance cemented their positions as phenomenal companies. if you could deliver during this heinous quarter, i think you're doing something right. why don't we start with the consumer packaged goods base. even as the raw costs were down, from plants to animals to oil and gas. who stood out? you could certainly bless campbells soup, which is embracing the natural organic trend. you might not be a friend of pantry products. i know clorox didn't shoot the lights out, but it crushed the bottom line. the star by a mile frankly. was pepsico with 3.5% organic growth, ceo delivered a re

buying of gold. e.t.f.dex tracks holdings of gold in the u.s. we have had a big lift this year as gold prices have risen. it is the 14th straight day these funds have seen inflows. it is a streak of people getting into gold. that is helping many of the gold miners. betty: big news about warren buffett seeing value in apple. julie: indeed. we are seeing apple shares rise as well as berkshire hathaway buys 9.8 million shares of the company. it makes them only the 56th shareholder. someone like warren buffett expressing this level of confidence in the company is helping to lift the shares, especially since they have been underperforming recently. we are watching out who because we arere hathaway -- watching yahoo! because berkshire hathaway is backing one of the bids for the core business. is founder of quicken loans leading the effort but berkshire is backing it. apple shares up 2%. $5.2 billion, pfizer is agreeing to buy the maker of the next room until eczema treatment. pfizer shares little changed. anacor, as you might expect, is surging. matt:

bank of america says sell, guggenheim and telsey say buy. >> i'm with them on the buy side.his name was talked about before. when you really look at what they have done over the last couple years since some of the management changes and all the issues they were facing for awhile, it's a pretty amazing turn they have been able to make. you look at this last quarter's numbers, the revenue was great but the direct to customer is where they are seeing the growth. i think that's the most important part. what have we seen? we talked about macy's and all the struggles but amazon has been crushing it. these guys are doing extremely well. they have done a great job. that seems to be where they are making the money right now. i think they are doing the right thing. they are going after growth. >> so telsey say it's so uncertain out there, let's stick with strong brands. lulu being one of them. then you have guggenheim on the buy side which you get the same sort of picture in this world of retail that's been just under t turned on its head. they say the ability to off differentiated an

if we buy ibm, i hope we can buy more cheaper.you buy as a long-term investor, you have always said that. so you don't get nervous when something's down 15% over the past year, but what about these companies? these older, staid companies that become complacent and invite your friends over at 3g capital, and they enter and attack because the companies have gotten too complacent? >> well, sometimes complacency's a terrible disease whether you're a new company, old company, individual or whatever it may be. i've said that it's the abcs, you know? arrogance, bureaucracy and complacency, and you've got to fight that whether you're berkshire hathaway or u.s. steel, you name the company, but you have to fight it if you're facebook. success tends to breed what i call the abcs, and good managements fight it off. liz: well, ibm, do you think it has maximized its brand potential? >> i don't think they're complacent at ale. [laughter] i -- at all. i think that they're working very hard to adjust to differences in what people expect in i.t. de

when he buys tech, he buys it wrong anyway. this is the kind of chatter i heard.n fact, by the time i was finished hearing, reading and watching the coverage of this purchase, i felt like this one got the warren buffett kiss of death for heaven's sake. it is the young whimmer snappers buying apple. pay no attention, sell apple! so goes the hated affair with apple from those who profess to love it. i admit it has been a total dog over the last year. down almost 40 points. i've been steadfast. maybe i just think. as long as both are true. i simply don't have the antipathy toward apple that others have. for example, one of my absolute, one of my absolute favorite animals. the dean of those following stock has had an outperform for apple for ages. nevertheless, both his comments on the conference call make you feel like he loathes the darn thing. the most faux buy recommendation i can ever recall. especially when you consider his apples are best days behind it comments in the new york times. after the recent quarter. recently after i had the apple ceo on this show, th

they have to buy some insurance. >> i've been looking into that. the senior democrats are big voting blocks. they come out at election time. they are seeing their social security and retirement checks getting eaten up by obama care double digit hikes and premiums and so, they're not like k that. obama care's becoming the third rail for senior citizens and even big sides of the political aisle and you're right, the teamsters for trump movement is now in force. jimmy hoffa is yet to endorse hillary clinton. that's why hillary clinton is saying no to the cadillac tax, so even she is dialing back on her support obama care. >> senior is rolling over in his grave, but hillary care, remember that? and bernie pushed hillary right back to where she was in 1992 when the country rejected her idea of whole scale socialization medicine. >> she can't get around the fact that this is a third obama term and on health care, it's obama care on steroids. her plan was even worse than obama care. if that can be believed. so, for her to dial back, just not believable. >

low and sell high. >> you try and buy low and sell high. you want real estate prices. if you're a real estate developer, you want real estate prices to go -- >> everybody in america. >> you want real estate prices to go down so you can buy cheap, develop and make a profit. profit's not a dirty word. hold on. >> apparently -- >> pushed out of their houses. >> apparently, profit's not a dirty word to warren and her family. take a look at these houses. she made 383% profit, juan, profit. that's fantastic. how about this one? made 56% profit, juan. she made a profit. if she's taking shots at donald trump for making a profit, she did the same thing. >> look at the data. 1993. >> who cares. doesn't matter. >> not 2008. 2009. >> it doesn't matter when it happened. they did the same thing. trump is is trying to do it on a bigger scale. >> it matter to me and you. you saw the housing market implode and suddenly, your value went out the door. the it was the same thing as a real estate market that was weakening and they're looking to buy cheap and sel

buy buy buy! >> and i know you're partial to the show. hey, who else can say that? etsy has made it through neighborhood. you have my blessing. it is an $8 speck. don't go crazy. you may have missed it. i'll give you service. what a company. and rapid fire in tonight's special edition of the lightning round! stick with cramer. >>> at any given moment you can find a high quality stock and sell it off. occasionally those sell-offs represent fabulous buying opportunities. take service now, n.o.w. it helps large businesses manage and automate various services across the whole enterprise. they start off by developing a product that allows i.t. departments. they have expanded with human resources, legal, finance and marketing. a couple weeks ago, i am a 20th, service now reported a truly trichk quarter. the strongest tech quarter of the year. with huge buildings growth and 41%. and in response, the stock went from 65 to 74. over the next week, serve has gotten hammered. now the stock has fallen back to 67 and change just a couple bucks above where it was trading for the c

very cheap very cheapnd buy assets.in and capitalize, so when these markets dislocated, that is a huge advantage. david: i want to talk about pricing and geopolitical risk, brexit in june, and the u.s. elections, to what extent are you pricing in geopolitical risk? look at the fed and the market, it is expecting less than one hike and less than two hikes, next year so the market in,rly is pricing this risk we think there is a higher chance the that will go, one or two hikes. in terms of credit markets, you want to be cautious on sectors tied to europe and china because china is rebalancing. we are more cautious on metals and the retail sector which has a big inventory overhang. we are sticking our investments -- investments on the u.s. domestic economy. the u.s. economy is almost 70% consumer and they are as strong as they have been in 10 years. we see significant value in telecom and gaming. active management is key, and that is how we differentiate ourselves. lisa: there have been a lot of the stress situations, bankr

you can buy it there cheaper than most men's stores can buy it from zana. >> you don't have to buy like a hundred of them at a time? >> i once took all their north face. i took every they had. ask jim synagogue was there. they had like six vests, why not. six purple vests. gave them to everybody. the credit card switch is going to be humongous. that's why people are buying costco. not because of the same store. that means nothing. this is about the change in credit card. have i made that clear? >> you made that clear. we'll get to sears later. >> we have to get to sears. adjusted ebidta is up 14 million. adjusted for this that, this that, this that, this that. i will not shop at kmart and that is a benchmark. my first suit when i walked in was from kmart, cord roy. >> i would love to see that. >> we'll talk about the apple before-session winning streak. and gearing up for the summer season. some high tech thrown into the mix. we'll talk about the u.s. foods ipo coming up here. there's another look at futures. we're back after this. ♪ [crowd cheering] i could get used to this. now you ca

buy. >> i guess my question, when news of this investment came out, how grand a strategy does there even need to be around a billion dollars investment by apple? in other words, half of 1% of the cash they have on hand, why not just kind of test it out there, experiment, learn what you can? >> because we don't want another beats. that's why. >> but even that, was that a signature stumble of apple, to buy $3 billion of a company like that? >> it's a drop in the bucket. >> i think it's embarrassing that in a year and a half they haven't come out with any new headphones out of this product. it's like they destroyed the brand. don't do that again. if you keep doing that, apple, with a billion or -- eventually these billions of dollars add up. roger, right, eventually? >> well, but jon, i do think the beats thing is different. beats was a ridiculous transaction when they did it and itself-evidently -- the company was already failing when they bought it. to me, i don't understand the logic of it

actually, facebook was a net buy last week, one of our top four buys for the month last month, as people sold apple, they rolled that into facebook. and that turned out to be -- >> apple's kind of like a mood ring already. it would always be interesting to see if there's ever been a month where apple went down the and the buying went up. it seems like that is the ultimate retail act on what it did just last week type of name. what would you say to that? >> i would agree with you, josh, because, again, it is the number one held stock. and there are people who, i don't think you're seeing it quite as much as you used to, but if you think back even a year, year and a half ago, there were people who just traded apple that really didn't care about the rest of the market. i don't think you're seeing that quite as much anymore, but i would call it a mood ring, and i think that's one of the reasons we've been in such malaise with the market overall. there's no new product to get excited about. and if you think about apple in the past, excited the market with something they had to offer, what's e

no one makes the case to the buy traditional retail? >> well, this morning, you had on brian cornell, and he made a lot of great points about the target, and the turnaround story for when he took over is impr s impressive, and they are continuing to move in the right direction. >> because they have invested heavily on the online sales. and some question whether it can be growing fast enough. >> and get out of the whole canada debacle and made ta decision as well, and a lot of difficult decisions, but that is why it is performing the way it is. and you start to get the etff selling, it dragging downment home depot is struggling and walmart and across the board, and anything retail is pulled down, and some of it unjust. >> and look at how hard to buy a ret retail stock. maybe a target or maybe you can do a home depot, and maybe you can do x-y-z. >> very few winners out there, and i would throw jcpenny's in the winner circle, but you have to understand what is going on is great management doing everything they have to in a very tough top l

we can buy control, a minority stake. we can buy debt. that allows us to help solve solutions.k: you will take him -- a minority position. inhave the expertise to come and run your company better than it's been run and get extra value. why is that minority position working for you? you make sure you have strong alignment of incentives of people who are co-investing with you. sure inalways make these minority investments we have significant board representation. we've been very innovative and working with corporate partnerships to help them by other businesses. the value for them is someone comes in and provides the anchor mental capital to buy a company. we are trading a little bit of influence for a better entry valuation. >> you like brands. when you look at your portfolio, what is it exit strategy for any of these? you? re an endpoint for >> we like brands that are bigger than the underlying company. we can invest in that at a reasonable valuation. we think there's a lot we can do with those. if you do a good job you can go public and sell it to another business. it creates

, mortgage hard to buy. thought the california comments they didn't have enough inventory, kb homes had a lot. the stock has done nothing well below book, but i thought california was very interesting in terms of not being -- you know, they made the quarter without california. and they did make the quarter. i thought earnings were very good. >> right. revenue up too up 31%. >> that's amazing. >> that's a pretty big top line number. >> yeah. they pivoted. >> and well above what analysts certainly anticipated the company would put up as revenue. >> best in show today, best buy, okay, i see the issues. auto zone i see the issues, back in with that buyback tomorrow, you're going to regret you sold it today. >> and facebook this morning in response to allegations of political bias against conservatives, company announcing a revamp of its trending topics feature, the changes include clearer editorial guidelines and elimination of a top ten list of approved websites. facebook says an internal probe did not find any

if you want to be sure you are not buying a gray market product, buy from the manufacturer's authorized dealer. you are covered if something goes wrong. and if you see a cheaper offer from a nonauthorized seller, consider that a red flag. it may or may not be red market, but it can cost you more in the long run. >> that is the wild west out there. >>> one of the nearly 90,000 evacuees in alberta, canada watched his home burn to the ground from his smartphone. it shows flames from the fort mcmurray wildfire bursting through his living room door and destroying everything inside. the fire now coverses an area bigger than san francisco, san jose and oakland all combined. it could double in size by tomorrow morning. this is an incredible and disastrous crisis. >> it certainly is. >>> it is time to turn to our weather. >> more rain coming? sandhya patel has the forecast and live doppler 7hd. >> we have more rain coming and we can make your picnic plans with mom on sunday. live doppler 7hd is showing you just some cloud cover. if you look at the rainfall totals they range from 0 at mount saint

now, buying into the business. a cautionary tale of what can happen when you offer too much equity in your company to too many partners. all that plus how to turn your social media followers into customers. that's coming up next on "your business." >>> american express open can help you take on a new job or fill a big order. or expand your office. for those who constantly find new ways to grow on every step of the journey. american express open proudly presents "your business" on msnbc. >>> hi, everyone. i'm jj ramberg. welcome to "your business," the show dedicated to helping your small business grow. a few years ago we went to maryland to profile a company that did something rather unusual, they completely opened up all of their books to their employees. they shared almost every single piece of financial information. and when times got tough, they found out that this policy had created some very loyal employees and some amazing results. now the founders are taking another step to get their employees involved, the

you buy some and then wait for to it come down to buy the rest. these growth stocks are being challenged and you might get a better price. but you have to think long term when it document starbucks and that's the one i want. how about william in texas? >> hi, mr. calor. krispy kreme announced it was getting bought out. then there is an investigation for fiduciary duty. so what metrics go into determining a buyout price and what metrics are the activist groups add go into the equation? >> that's a great question. in this particular case i think christm krispy cream was trying to get pen-up value. in this case they saw, i don't think we can get there on our own. this is a much better opportunity. let's just take it. i would say take the money and run if i owned krispy kreme. call it a day for expectation. i say stay away from both right now. this darling is down 20% in the last month. could its vicious cycle continue? i'm going to take a closer look at this fallen angel. plus one way to keep your money working year after year. play am i diversified?

if you're buying a new home you want to know what is in there. you already know to get furnace looked at and hvac system looked at. there is checklist, say the a least what smart devices are the home? when were they built. not best for security because it is not written around security but it's a good start. are there other economic forces we can use to sort of collaborate so it is not just consumer versus vendor but actually get some large, powerful commercial forces on the side of the consumer? >> i like your example. win of the things that we talked about a little bit in the paper is right to be forgotten for hopes. when you resell your homes you change locks, right? when you resell homes, did you delete all data from the nest system personal data about you essentially because of new owner? what does that look like? would you have to just change the entire nest thermostat because tied to your account with your password? do you happened overpass word to new people that move in? thinking of those things entire life cycle of device used in a home

you know, let's drop the iphone 6s and go buy that phone.ectation for apple, and better or worse when apple has a press conference we expect to go to want to stand in line for the apple store, and it has not happened for a while. that is the fundamental problem, a and so when apple makes great hardware, it does well. >> yeah, but here's the thing. if you are looking at the other companies they are up against, google bought android and youtube and then you look at something like facebook buying instagram, and oculus which is a big wow-type moment, and then there are two ways to innovate, buy something innovative in the world oculus or build it yourself. i'm with guy, and you go to the apple store and the last couple of times i broke the screen, i went to the store to try to give them money, but there is nothing there to buy, and nothing new or exciting, and it is overblown, and the stocks is trading eight times the earnings if you take out the cash, but if they got krcreative to buy stuff which ty should have made a run at tesla, and they cou

companies buy back their shares. i'll say this, everybody should watch sanzel this morning on squawk. he made interesting cogent points. one thing he did say is he doesn't understand the negative interest rates and he doesn't understand how it all ends well. i encourage people to listen to what he had to say. >>> shares of hewlett-packard enterprise surging on news of a spin-off. and an unlikely strategy that is paying off big-time for investors. david faber will join us for a special report. >>> is snapchat on its way to be the next facebook or twitter. >>> and later, just how worried is the market about a potential donald trump presidency? the answer lies in one chart that could be signaling big trouble ahead for stocks. we'll explain when "fast money" returns. we call it dark data. 80% is invisible to most businesses. the ibm cloud has tools that can help see dark data and put it to work. hello, my name is watson. working with watson in the ibm cloud, we can help an energy company predict pipeline corrosion. and h

. shift your thinking about buying your next one.i>your home can be perfect.re, even when life isn't. the neighbor's back. oh, no. this is my husband, gibby! i wanted to show him your furniture! i like it! you wanna come in? oh no. that would be weird! the memorial day sale. from classic to contemporary, ys. >> developing tonight on the hudson river divers are in the water searching for the pilot of a small plane that crashed into the river earlier tonight. the thunder bolt crashed two miles south of the george washington bridge and quickly sank. witnesses say it sounded like the plane was having engine trouble just before it went down. which became known as miracle on the hudson. >>> we are learning new d about the first case of the sough called super bug in the us. >> a woman was infected with the bacteria. 53 has recovered but health officials are worried about more cases popping up. laura angle has the story. >> that medicine cabinet is empty for some of the patients. it is the end of the road for ante bu

>> to make and buy. you can buy it 40% cheaper than you could 13 years ago. >> really?e this race to the bottom on pricing. you've got this race online which is also race to the bottom. pricing is transparent. so you better have a one fun store if you're going to get people in there. experience is going to matter a lot. >> dane yashgs you're the stock picker. when i look at nordstrom that are 50% discount where they were, they are strayeding in single digit price toerngs ratios, it's not hard to think the companies will be around. do you like eitherst names? >> i think they will figure it out. macy's and nordstrom will be able to reinvent the assortment. in orderstrom is the leader in going to digital and mobile. even buying e-commerce sites to learn. i think macy's, they have a team in place that they're looking for the next product cat gorey. they're look wlg it's buying blue mercury, putting best buy in shops, it's all about change. i think the companies will look different three and five years now than what they look like today. >> all right. going leave it. there t

>> i don't necessarily buy that. i wouldn't use technicals in this scenario to say the market is going to sell off. it's going to take something for the market to sell off. i can't tell you what that is, but it would take an event. i look at this market and say people got burned on the shorts. you're not going to see them come back anytime soon. that's going to be a way. i don't really believe that you're going to get the sentiment so negative that it will drive things lower unless there's some sort of event. >> why can't it just be a strong dollar again. like grasso is talking about. we've seen the oil market roll over this week. we saw the dollar firm up. why couldn't it just be the same thing that we had -- >> i don't think it takes us down that low. i don't think it's cat a clacly. is the market priced at a level you could see a pullback? no doubt about it. >> will we move to the fear of another fed hike? >> what if the dollar rises when the fed's not even hiking? which it did today. that's my point. that is a wh