>> i don't spend -- if you're going to buy an etf and buy u.s. companies and therefore by definition you're buying sta&p going to have that with the nifty fifthy of 1971 people were buying polaroid, xerox and avon. >> it's crazy when you read articles about the dominance of these companies and then you juxtapose that with what we were saying about -- not we, i wasn't born, xerox, polaroid. but the prevailing wisdom was these companies are so disruptive and so good that it doesn't matter what multiple you pay and then one day it did. >> well, there's no question that that occurs and then obviously what happened to leland o'brien in 1987 when the market dropped 1,000 points. you're going to have a stress tester ets u.s. capital market is 28 million. world equity market $70 trillion these stocks are 15% of the u.s. markets. >> does the nasdaq look expensive to you >> i don't even know what nasdaq means. i don't own any. >> you must be thinking about -- >> no. >> -- growth versus value? >> no. no. >> bottoms up. >> i look at -- i went to see company

a moment to -- >> buy buy buy >> perhaps because you think that oil is about to spike because of the the spigot in russia or problems in the middle east. and then there's a moment -- >> sell sell sell. >> the vast majority of you will buy a stock for a reason and the reason occurs and nothing happens to the stock, so you then decide darn, i'll just call it an investment and buy morei it goes down or perhaps the reason never occurs that you bought it for and you decide to hold on to it because what's the worst thing that could happen? the answer is plenty and almost all of it is bad. the answer is that you would never bought it in the first place if you didn't think the reason was going to occur. so now there's no reason to own it in the first place. i have seen a myriad of investors turn trade into investment that's because they don't make the distinction between a trade and investment if the reason i bought the oil company is higher oil prices doesn't materialize, i can't say i'll hold on to it because it has a swell dividend for all we know the only thing that saves that dividend f

a buy.ey're done, the traders will vote on whether they'll buy. dan nathan is a rookie and he's ready to step up to the plate. what is your pitch >> at&t. here's the thing, this is a good segway as you like to say in the business, guy. from that t mobile conversation. when talk iing about a race tol bottom in wireless pricing, it doesn't really speak to the idea of being a lone player like t mobile is with only one service to offer, which is wireless. we know sprising is going to zero he just said about their m&a strategy, for $85 billion. a few months ago they spent $1.6 billion to buy 5g spectrum. this company xaeb is is thinking about the next 20 years while i think t mobile is thinking about the next few quarters here so to me,en i don't like, i don't like t mobile. it's down 15% of the year. the street hates it. eight buys, 25 holds and a bunch of sells on the thing here remember, this is a stock that has a yield, almost 5.5% when i think about that, versus where bond yields are, that's

mike. >> we're going to take a look at simply buying a call when do you buy a call pretty easy, when you're bullish. it's a bullish bet secondly, options have a defined amount of time before they expi expire look for identifiable catalyst we have one. earnings next week finally, this is a good strategy to use when options are cheap. seema mentioned that jpmorgan, which is trading close to its all time highs where it closed today, this is one of the situations where the options sheet, if you bought the stock, you're taking it at a high level. what i'm looking to do is buy a short dated call i'm looking at the july 94 call. after the earnings next week, you spend 1.50 for those you make profits as long as they're above 95.5 you'll be better off doing this trade than being long in the stock. this is an interesting alternative. less risky way to play to the up side. >> what do you think, mike >> i like this trade going into earnings i like it as a stock replacement trade. if i'm long jpmorgan, i want to take my trade in that. >> you want to sell the stock? >> sell the stock. buy this cal

you can buy it early, i can buy is down 5%, goes down 15%. ultimately just like the trump decline, just like the brexit decline, just like the fisal cliff decline, the taper tantrum decline, you buy it until you invert the curve and shut down lending. >> how much of your 2018 target, so 300 plus points between now and then, has trump agenda built into it and what happens -- >> zip. >> zip >> zip powe p orzippo. not because of donald trump, it's a non hillary clinton trade. >> 400 s&p points with no tax reform. >> let's forget my opinion because who cares, let's look at the data if you get trump's -- if you get a 20% tax rate instead of his proposal of 15%, i'm pressing zero tax change. if you get 20%, according to thompson reuters, that brings earnings up 9.4% next year that changes the valuation argument and the fundamental backdrop on a tick if they do it this year, retroactive, it's 9.7. the animal spirits are alive not because of politics, it's because small businesses and large businesses are now convinced that you're not going to have h

and you go in -- >> buy buy buy >> and it corks and it continued to do it this time, too.'s go to my home state. tyler in new jersey. tyler. >> caller: jim cramer, boo-yah, my man how are you doing? >> couldn't be better. how about you? >> caller: i'm good, man i'm looking at dzun. the current market capital, $1.3 billion. 2016, revenue was $500 million 2015, $400 million it's been rising 20% year over year growth. 3,000 employees. what do you think about the growth >> you know that my go-to name in china is baba i've been recommending baba since i sat down with them, and i've never changed my view but if you want to play with the bzun, i bless it i have any chinese play. >>> seems like cash is still king, at least that's what brinks is thinking there's a reason the stock is going to a new high. i think the shares could end higher much more "mad money" ahead, with equinix up 18% so far this year, is it time to get in i'll sit down with the ceo then great new it is your dog ate your homework. i did it for you and it could make you some money. plus, an all-new rapid fire edi

i do like the idea buy, buy, buy! james in virginia, james hi, james. >> caller: hello >> it's jim. what's up? >> caller: hey mr. cramer, thank you for taking my call. >> of course. >> caller: my question is regarding nasdaq symbol twou >> i don't know it i do not know twou i'll have to take a pass and do homework on that one tom in georgia tom? >> caller: hey, good evening, mr. cramer thanks for taking my call. >> of course. >> caller: so, ahead of the august 1st earning report, i'm considering selling my long-suffering position in rr donnelly. >> why don't we wait to see what they do. it's been such a disaster. we've done a whole show about what a disaster it's been. maybe they can come up with something that it would be a mistake to sell. let's see what they do it's been a traf esy, i agree with you let's go to james in virginia. james? >> caller: boo-yah from virginia thanks for taking my call. i've had a good ride on the drug pharma, and they highlighted papers where they had about 56 months on their new therapy on patients with progressive nonhodgkins -- >> a mouthful but true

pete's pitch for best buy?far, the majority of you say no oh >> it could be a good thing. >> there's still time to vote. we'll reveal the answer at the epd of the show. tr the power of 100 of the world's top companies. the power of a proven 15-year track record. the power of an etf. the power of qqq. the thinking we put in, clients get out. power your client's portfolio at powershares.com/qqq. before investing, consider the fund's investment objectives, risks, charges and expenses. call 800-983-0903 for the prospectus containing this information. read it carefully. distributed by invesco distributors inc. containing this information. read it carefully. oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the k

i would love to say, buy buy buy, but i would like to know what happened with the israeli s.e.c.lex in pennsylvania, alex >> caller: hey, jim, yourfathe was truly blessed. >> my father's birthday was on sunday, yesterday. thank you. >> caller: very nice, yes. what are your boughts about goose right now? >> i still like it at 19 i think it's a good story and i know that retail is challenged but this is a story domestic going international. i like it. josh in texas, josh. >> caller: greetings from texas, jim. >> how are you doing >> caller: doing well today. a lot better than the stock, i know you mentioned how -- possibly a good chance to jump in [ inaudible >> i'm going to get the ceo back on i thought it was going fine. i know there's another drug doing well but the shorts have been all over this. we need the ceo to come on and talk about how the trials are going. and that, ladies and gentlemen, is the conclusion of the lightning round! >> the lightning round is sponsored by - amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms w

meanwhile, i'm kicking myself, i told people microsoft and visa, microsoft and visa, buy, buy, buy, here they go. did people buy them? i don't know how about richie in new york >> caller: jim, thanks for having me. my question about -- [ inaudible ] -- >> toronto dominion bank >> caller: yes. >> i like it very much conservative did a lot of good. i also like the canadian dollar, by the way i think there's two ways to win here frank in my home state of new jersey, frank? >> caller: boo-yah, jim! >> what's up >> caller: i'm 54. my largest individual stock holding is travelers reported today there's a new ceo, and i would love to see him as a guest on your show. is this a good company for the long term? >> i like the new ceo. the pattern with travelers, they report, people don't like it, they see headlines, they don't like, companies start coming in and buying stocks. next thing you know, bingo travelers is right back. hold on to travelers it's a darn good company i'll attempt to get the ceo on he's a good guy. stocks are only guilty by association, but have no fear, calmer heads will ultim

but i'd much rather buy it here than buy it at 31. >> by the way, i don't think it's a huge risk to buy it here. i'm talking about -- i'm talking about being in a bull market and focusing on stocks that aren't participating from a shorter term perspective, longer term ge probably figures it out. i think it's fine. >> how did i get sucked back into talking about a stock that -- >> i don't know. you've got 40 of them on your list. >> that's an index >> it's an index >> what did you think of the baker hughes deal when it happened >> i don't know enough about baker hughes whatever i would say about it, i don't have enough information about that and i'm not -- again, i know what i know i don't know what i don't know i don't know enough. for me to say something, you might as well ask anybody. probably they know more than me. >> but that sort of is a smack in the face to those who are trying to pick certain levels where you see, you know, transactions taking place that companies think are going to be good for their bottom lines and they get smacked across the face because they do it at the wro

they buy throw pillows. they buy lighting. they buy a barbecue for outside.g else they have in store. heath: the biggest challenge is it's certainly at a price point significantly greater than where most of our retailers are at. lemonis: what is that typical price point? heath: bought around $5,000. damion: some of our customers say to us, "we've been contemplating a $1,000 costco gazebo," and they're happy to spend $30,000 with us because they have everything they could possibly need. we actually look after our customers, which is i'd say 9 out of 10 of our customers actually say that's the reason they bought it. lemonis: the starting price point, the most affordable entry level, is what? damion: $15,500. lemonis: i would like to ultimately have it also be known as the true value gazebo. ♪ angelique: well, it sounds like the direction that you want to take is very compatible with what we like to do at true value. i think it makes a lot of sense. what are you thinking? heath: yeah, i mean, i would say that we would be absolutely open to that. i think it's a g

i'd love to see those insiders come back and buy. the one thing i would say in the grocery space, kroger was unjustly hit and that's why it's bounced so well. that was down to 21. here it is choser to 23 now. i think that's a name when you look at the pe of that company now, 10, 11, something like that, it's inexpensive it's taken a lot of pain they're going to be able the to compete because they're going in the online way >> what did you buy today? >> i spaded a couple of things getting away from retail the tactical part of my portfolio in emerging, i faded, took half off. it's been such a strong run. i think it's a case where you're going to get it back soon. everything that's working for emerging, the rally has been extraordinary, especially across asia you want to get some other market, added more and steel i don't care if these headlines don't happen overnight these charts have spent six weeks building a base and fundamentals to me, the cap there is worth owning now. >> i get a lot wrong we got this one right. >> restoration har

beer buy tallow by how hot i can recount that in. going to be a producer for deliberate assholes i sit here and i like that but there are very good out there i don't know yet but i look at measure out that it's such a kind. but the end of. the lol so i messed. up the minute i. got it but there was something i think there. the private company sixty seventy billion dollars. left. in. for. a lot of people. and this. billion dollars. so it must be nice to live. life. as. in the bush. why. is it will fail. the headlines when our national pushed to the limit by the refugee crisis. and. protesting all across the country. the regime we know that assad has used chemical weapons on his own people chemical weapons. i mean. the country's government although the report doesn't tribute. from any groups terrorist propaganda and fake news into the same criminal.

let go buy maybe it's not the right moment.ll the work i've done, you're short sided if you don't do all the homework. it's not just the right time since you've done the homework i would consider looking at the chart as part of the homework. get that in your head. get it ingrained into your thinking sometimes fining bottoms after long declines can be lucrative let's go back to the bottom of 2009 i had a sense the decline philosophy was lessening i had already heard mark haines make the bottom call based on his innate feeling i know my friend doug who writes with me, sometimes known as being an aggressive bear had turned positive. i was still skittish about picking any individual stock to recommend to you so i was looking for a situation that seemed about as bulletproof as i could find. i came up with at&t, the phone company. it had so much going for it. go back in the way back machine. included a smashing rollout of the apple iphone which was going to produce record profits. had an outside and yield 6.2%. the yield was much hig

but i want you to feel embold emboldened >> buy buy buy >> not -- >> sell sell sell. >> rather than fleeing from the whole asset class out of anger and fear >> the house of pain >> let's start off with the biggest determinative of why your stocks move regardless of what's going on at the companies. i'm talking about the power of the s&p 500 futures over all individual stocks, including ones that aren't that in the index. believe it or not, there was a time when there were no s&p futures. when i started trading in 1979, the only input that might impact an individual stack if nothing hand, no earnings release, no news, no takeover, was sector analysis back then we used to say a stock's movement was 50% based on fundamentals at the company and 50% on the sector. but in the early '80s, the brokerage industry needed new sources of revenue they recognized the piles of money institutions were running kept getting bigger and they wanted something to hedge themselves, rather than just constantly trading in and out of stocks, they wanted to put on a hedge against what they owned. so the brokers in th

when do you buy a call pretty easy, when you're bullish. it's a bullish bet secondly, options have it basically defined amount of time until they expire. look for identifiable catalyst finally, this is really a good strategy to use when options are cheap. seema mentioned that jp morgan trading close to its all time highs where it closed today, this is one of those situations where the options are cheap. if you bought the stock you're chasing it at a high level i'm looking to buy a relatively short dated call and looking at the july '94 calls and those will expire a week after the earnings they report next week you could spend 1.50 for those and you'll make profits but if it moves anything close to its average, even to the down side, you'll be better off doing this trade than being long in the stocks this is also an interesting alternative. want a less risky way to play to the upside, you can do that. >> what do you think >> i like this trade going into earnings, i like it as a stock replacement trade. if i'm longjp morgan, i want t take my

you can buy the 138 put spread, spend $3.85. sell the 130 puts for 1.60 spending 2.25 for that spread. one of the points i would make quick ly is you know, everybody watching most likely and everybody on this desk is probably net long equities, so even if you expressed concern about stocks, not saying make it bearish. this is playing for the kind of pullback we're seeing here that's all we see. >> we know up 32%. after a 32% 12-month move, are we going to escape with a 4 to 5% dip probably not i don't think it's enough to correct an uncorrected situation. >> and to put this trade on if you have a long equity portfolio, i don't think there's anything wrong with that when you can, not when you have to and in this case, if carter, carter's right which i could see that scenario happening down 10% it's not unusual it's unusual for us in this market but not in normal markets. >> mauving on to commodities crush. metals seeing a meltdown today jack jackie >> and silver getting crushed. gold falling 1% and silver dropping more than 3%. h

and buy things from, well, everywhere. how? because our phones have evolved. so isn't it time our networks did too? introducing america's largest, most reliable 4g lte combined with the most wifi hotspots. it's a new kind of network. xfinity mobile. >>> welcome back snap sinking 9% to an all time low after morgan stanley downgraded the stock slashed by more than ten bucks sights increased competition that kicks off our top trades. morgan stanley was the heed underwrite for snap, responsible for taking the company public. back in late march, the first analyst gave it a $28 price target shares only down 30% since then. shocking the proukt is not evolving quick enough. they got competition coming from facebook who tried to acquire them a while back. no doubt they're under facebook. setting up for an interesting trading opportunity here, no question the company on the street, numbers down, they couldn't blow q2 if they blow the first two quarters, it's lights out. you look at the morgan stanley downgrade today, is it catalyst for shares to go lower it's a set up f

if they don't have to buy it. the government is forcing people to buy something they don't want, and so if we stop forcing people to do something they don't want to do, they won't do

or selling mike >> you can tell whether it's buying or selling. it's not the volume. it's the price see if it was on the bid or the ask. on the ask is a buyer, on the bid is a seller. >>> time for the final call. last word. carter >> final call i want to make a bed on energy and take it on the long side. >> mike ko. >> to do that you're going to want to use call spreads and xle. >> great tag team. >> if you're cautiously optimistic at all-time highs it's time to use the call calendar. >>> i'm melissa lee. have a great weekend have a great weekend and we'll see you back here next friday. - [announcer] the following is a paid presentation from worx. (dramatic music) nothing offends these members of the mount parnassus garden club than a neglected lawn and they're here to do something about it. their weapon of choice, the all new worx gt2.0. the next generation lithium battery powered 211 trimmer and edger that means business.

but for as many people who don't buy insurance who -- who buy ?rns because they're forced to most people buy insurance because they want it it. because they recognize that it's better to have insurance in the case if a loved one gets sick and that is who we're talking about here of the 23 million who lose insurance according to cbo under really bill millions and hls of those are people who wanh insurance but won't be able to get it because they're priced out by the republican bill. so i can see that there will be some people who will make that choice. but there will be millions more who had had insurance today who will not be able to get it moving forward. republi and republicans finish up this latest round of secret negotiations, i want to make sure that we're on the same page about what this bill does. it mandates that you buy insurance just this a different way, it has a penalty just like the affordable care act as a penalty and i want to make sure that we remember what republicans stated as their goals for this replacement.e the goals with the

buy right into it. that is mkm partners call, jonathan krinsky making it, joins us now on the phone. jonathan, welcome back >> thanks, scott, good to be here >> you think this rotation that we've had is short lived and is that being borne out now >> we think that from a risk/reward perspective, it probably makes sense to start getting back in technology here. if you think about it, we've seen about a 5% pullback in the nasdaq 100 from the highs to yesterday's lows which doesn't sound like much, and it's really not in the big scheme of things, but it is the biggest drawdown we've seen in over a year. because of that, we've had some very oversold conditions on some of like the qqq, the nasdaq 100. and i think when you look at the breadth of technology, it's vill very robust. so, generally, in strong uptrends, you want to buy oversold conditions. you want to buy that weakness, not sell into it and i think that's what we're seeing today with some of the outperformance in tech >> technically, what is the dat

apple is buying apple.t's a monster buy back. >> for qualcomm, how about the -- >> i think it's the key in the driver and i don't think people are giving them the credit they're going to close this deal i think the news is in the price and it's a lot of bluster by both sides i think thai going to get this deal done. it expired apple needs qualcomm i know it's hard for anyone to hear that. they can work with intel, other people and they will >> from one battle to another, president trump's hatred for cnn could throw a wrench in the time warner deal. in an article, "the new york times" reporting growing tensions between president trump and cnn could put the $85 billion deal in jeopardy the piece calling trump's disdain for cnn a wild card as the justice department mulls the merger this comes as david "faber report"ed today could close within 60 days >> this is unprecedented in term of the plitization of our media in this country and it's frankly very scary, except for the fact that i think you have to give pe

the affordable care act doesn't mandate you buy insurance in the sense if you don't buy it you will be locked up in jail. it says if you will don't by insurance you will pay a penalty on your income tax statement. if you don't buy ins there will be a penalty. that is what the republican senate bill says. it says if you don't buy insurance, you will incur a penalty. in their bill, the penalty is you will be locked out of buying insurance for six months. if you are sick or even if you are healthy and need to go see a doctor for something, you will have to pay for that out of your pocket for those six months. if you are sick and have a serious condition and legally refused health care because of this legislation, the consequences could be dire. but whatever the scope it is still a penalty just like a penalty in the bill that the democrats supported and passed in 2009-2010. it is just not true to say that now americans have the freedom not to have health care. you don't because you are going to be penalized if you let your health insurance lapse. if you don't make payments for a couple mon

you might get a buying opportunity. they delivered a 3% earnings beat with higher revenue up year after year the company's revenue growth continues to accelerate. they gave relative conservative guidance which caused a minor selloff. if the company gives ydoes that, could you get an opportunity to buy. i say look at the mortgage number we just saw last week applications shot up 6.3% as buyers rush to refinance i think it will be a long time before higher rates present any kind of threat to there company. i know all the home building companies agree with me. plus, even after its run, the company stock is relatively inexpensive. it's not cheap but less pricey than you might expect. here's the bottom line this rally is not about the stocks of -- i should say not just about the stocks of sexy, high-profile companies like fang it's about boring, slow and steady companies that just don't get enough appreciation from investors or certainly from the media. stocks like equifax. i think there's more up side my recommendation is y

do you buy macy's? i don't know that you buy it anyway. >> i would buy some macy's debt maybe.uy sears debt. >> how about jcpenney? >> cfo left. i don't know it looks like i spoke too soon they have the brioni men's lapel suit david, this is the first time it's ever happened i'm buying with one click on air right now. $2,001 they have it for $2,000. that's a savings of $400. >> you can't buy a brioni suit on am ston what's wrong with you? let's move on and talk about some of those ipos >> we'll get breaking news on tesla. >> no! >> yes. >> no! >> phil lebeau in chicago has it take it away. >> rollout of the first vehicle delivered to customers at the end of the month, the company is dramatically expanding its service network. here is what tess la is announcing, 100 service centers will be added. 300 mobile service vans, the vans that will go in service of a vehicle, rural location or area if you're not close to a service center and adding 1,500 additional service workers the importance of this news is the fact that many people have said, look, as these guys expand, as they go f

are buying the right to t lease, you are buying the right to occupy that property for a set amount ofto i99 yea rs. amount of time, 99 years to i99 years. with a freehold, you don't own the ground the property is built on, and in blocks of flats that can be convenient because one company owns the land and individual people in the flats and the least to each flat, with a house, if you don't own the land on which the house is built, that leaves you open to whoever does own it putting up the ground rent. if you look at the least, it can be built in so it progressively goes up year on year oi’ progressively goes up year on year or decade on decade, but even simple modifications, the freeholder can say to anyone who owns the lease, go ahead and make those changes but you need permission to do that and we will charge you. i know people who live in leasehold houses who were told they were not allowed to put oui’ told they were not allowed to put our satellite tv dish on their roofs because that was not what they wa nted because that was not what they wanted for the area, so this is why the g

tough to buy right here. i'd rather wait for a breakout through those numbers before i get long. >> all right, thanks, guys. >>> meantime for more futures, check out the live show on tuesday, 1:00 p.m. eastern time exclusively on futuresnow.cnbc.com. "half time" is back after this this is where i trade andrs. manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into equities- trade confirmed- and i have global access 24/7. meaning i can do what i need to do, then i can focus on what i want to do. visit learnfuturestoday.com to see what adding futures can do for you. >>> happy friday let's get a check on the markets. look at that the s&p 500 hitting a record high, the dow hitting a record high as well today things just keep going up despite the d.c. dysfunction, tom, maybe d.c. should stay dysfunctional. i just tweeted out "stocks up, jobs up, wages up, real estate up." just go home congress for about six months >> it does seem like it. but you know i

chris: buying's a full-time role.it on to mine opens you up for bigger-picture things that you need to be worrying about. chris: yeah. jess: and i think, also, i want to bring the staff in so that it's not necessarily me on my own. i can do this. i can -- i can do this. chris: and i believe she can. i think if we have the right system in place, she can do this. i always felt like i kind of had to lead everything, but i think you've stepped up to lead, and we sold a lot of stuff up there over the past week and a half. lemonis: how much have you guys sold since we started this process? chris: total? over, probably, $500,000. lemonis: and what was the goal? chris and jess: $200,000. chris: yeah, we... once she led the team, we did it. lemonis: and i appreciate you recognizing that. chris: yeah. lemonis: so, this is very different than how you were when i first met you. chris: yeah, i can see that. ♪ lemonis: so, i thought it would be good for the four of us to get together and just talk about jess' equity. when jess firs

mama not going to keep buying you shoes. are the toughest guys, the roughest of everybody else, survival of the fittest. these are the fittest guys. oak park is like sparta. i was born in that. >> quentin carthen originally arsted on charges of possession of marijuana and methamphetamine with intent to sell. as he waited in a group holding cell to be processed he was charged with another crime. it came as a result of wanting to use the pay phone. >> i said, it look like you having a little trouble. kept dialing. his fifth time dialing. look like you have a little trouble, i'm after you whenever you're done. instead of saying, all right, i ain't having no trouble. you better be cool, know what i'm saying, i can get it like that again, you better be cool, i ain't tripping on you be cool, you ain't going to do nothing to me, you don't know who i am, don't get at me like that again. he kept talking. i stood up. [ bleep ] trying to act like he going through something like, what? boom. what's up? bam, bam. then i didn't do nothing

best buy, trading at 15 times. has growth minnesota company, thaey're doin everything right geek squad services. got to love geek squad >> would you own a retail stock? extraordinary selective. is there a point >> haven't got my face ripped off as bad in macy's on the retail side as i have trying to dive into the crude oil-related names. whether they're energy or -- but i do like macy's i liked macy's as a dive through 22 i like it still, here, but i didn't like the reaction today it was up to 24.65, judge. that was a really nice pop out of macy's. give it all up like that, now it's negative. >> all right, value guy, don't tell me, j penny, but another one. do you -- they're looking at value plays -- >> look, i think this sector has many segments to it, okay? so you can take the momentum plays and tiffany is a great name right now it had kind of a punk quarter, but it sailed through that that's a great momentum name if you want something that has value to it, that we haven't talked about, at least recently, tractor

. >> forced to choose, buy or sell right now, down 3%, what would you do >> i'd buy. >> okay. >> listen, it was a great quarter. if we're looking for growth, it's a reason why this because been bn oone of the names, whero i get growth get it here. they have great top line growth. the problem, i agree with dave, it's a very good point, web y w have this uncertainty, overhang, what's going to happen in europe, how much that's going to affect their core business model, it's going to be hard for people to get excited about. i think you gbuy it down here, think you buy it here on the idea you're going to get more clarity and once you get that clarity, we should be -- >> i get that concern as a question mark over their business model in europe, but why didn't that surface way earlier -- >> it did. >> listen -- >> we knew about the fine, we knew things had to change. >> why didn't you talk about that >> back in june. >> i don't get >> as early as last week we were talking about this on the desk, specifically this issue about google, setup for the quarter and the fang names this is one that pre

their stocks hand over fist. >> buy buy buy buy buy >> the resuscitation of these falling stars is what's behind a lot of the strength here the dow gaining 98 points. the s&p and nasdaq advancing new records all around ♪ hallelujah let me give you some examples. last night, att completely out of the blue, delivers a delicious upside surprise, which is why the old teleco stock could leap up like a small growth stock nearly 5% in one day. how the heck did they do it? they gained subscribers and some came in an obvious way, a merger and tie-in with directv that has gone smoothly. at&t is now buying time warner and they give you a hint why, beyond the need to diversify on the conference call, at the end of the q and a, in an answer to a question about how time warner might fit into the bundle, cfo john steffen said with regard to hbo, customers like it. customers like the opportunity to have that with their phone. so we're just trying to pro-feed what the customers want. that answer was super revealing, because he wasn't even asked about hbo specifically the question was about time warner as

>> you can tell whether it's buying or selling. it's not the volume that reveals the answer it's the price take a look at where it traded and see whether that was on the bid or the ask at the time of the trade. that's how you know. on the ask is the buyer, on the bid is the seller. >> time for the last word. carter >> final call, want to make a bet on energy and take it on the long side. >> mike? >> to do that, you're going to want to use call spreads and xle. >> nice tag team dan? >> microsoft, if you're cautiously optimistic, makes sense to play for consolidation with call calendar >> i'm melissa lee thanks for watching. meantime, have a great weekend and we'll see you back here next friday (male announcer) right now, it's all new. a paid presentation from meaningful beauty by cindy crawford. (female announcer) with special appearances from some of your tv favorites sharing their number one skin saving secrets. (male announcer) plus, a stunning before and after story from today's special guest, lori loughlin. (female announcer) a

is it still a buy buy buy? are not that aggressive on that there were some negative things last week. ulta did go up today on a downgrade. that's a very positive sign. i'm not jumping up and down for any retail, that's the problem dave in california, dave >> caller: boo-yah, jim. >> boo-yah >> caller: hi. i've had a position for quite a while are rdn. should i hold it si >> it's a very good company. i looked at elly may over the weekend and it made me feel nervous about the housing contracts. it's just not enough volume. let's go to luis in texas, luis. >> caller: hey, cramer, how are you doing? >> good, how about you >> caller: i'm all right, i'm all right. i'm looking to diversify my portfolio. i was looking into pattern energy and seeing what you think about them >> i don't know them that's an interesting company. holy cow interesting. i love high yield. let me do some work on it. let's go to dave in pennsylvania, dave >> caller: hey, jim, a great big boo-yah from pennsylvania for you. >> yes, keystoner, wha

is it time to buy?ink that he's paid down enough debt to have the stock go higher i think it can go to $20 i'm going to peter in connecticut. peter? >> caller: boo-yah, jim. i've got a question -- not a question, my company is -- my stock is ultraclean holdings >> we're going to do semi equipment. we like lam research first, and that's the order we're keeping them that, ladies and gentlemen, is the conclusion of the lightning round! >> the lightning round is sponsored by - i'm here at the td ameritrade trader offices. steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. see options data like never before. with thinkorswim only at td ameritrade. without pg&e's assistance, without their training

the same thing, who would buy a mattress online. even if it's just psychology of putting ab appliance, didn't they keep talk about adding the geek squad they're going with a barbell strategy they recognize the fact there's going to need to be a where i cans and mortal. if you don't think best buy is going to link up, they're doing a good job online, but this is the trade and this is one reason i think it's important to remember the day before the -- it was trading at 151 there's some business models that amazon, they've really come at hard. this is always in plain sight. you think about the membership fees costco is is probably going to stay down for a bit. some of these guys, dick's, i know you like dick's that's one where to me, it's kind of amazon proof it could have the opportunity to link up with an e commerce player when some are down and out, they're not down yet the number of of them. it's funny, voice enavailables appliances >> gi, do the laundry. that's why this is all lost on me i don't go to places as a showroom don't yo

not too late to buy. still more "mad money" ahead as the economy moves from bricks to clicks this player thinks it has a unique access to exploit do you think the fancy firms have you beat. i have a stock that went from single digits to $200 a share. how big money got it so wrong and what it means. you may have missed yesterday's emoji. i'm still taking your calls in the lightning round. so stick with cramer you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. to keep our community safe. before you do any project big or small, pg&e will come out and mark your gas and electric lines so you don't hit them when you dig. call 811 before you dig, a

in organic growth or do you buy more brands? >> i think it's organic growth we are focusing a lot on the frigidaire brand it is a good brand with a lot of opportunities to grow. >> in terms of europe, the headline was western europe under pressure, but more specifically it's unite td kingo as well. you are one of the ceos i've spoken to who is seeing a brexit-type effect we are seeing two effects. one is the british pound being weaker since we import our goods into the uk that has a negative impact secondly the market is down and has been down for the last year in the second quarter down about 5%, more or less for the year to date period. >> so, are you particularly worried about what happens next with the uk, bearing in mind the pound remains under significant pressure is it a major area of concern for you going forward? >> is an important market in europe it's the second largest market in europe. so anything that happens in the uk is important to us. and, you know, weak currency and weakening demand are, of course, unfavorable

stuff they buy stuff and they have said they can buy anything they can buy go and buy stocks they can do whatever they want that's if i lick the stores who knows what they'll do to save us but that's a repudiation of their mandate in the strongest sense they're there become a rogue element in the economy they're undermining the economy they're dangerous jim you just notice that things are going wrong in washington d.c. max why don't you watch your show we're going to say. things are going wrong in washington d.c. in many ways well let's talk about jamie dimon for a second over there j.p. morgan you know he said recently he's a shame to be american. because the current administration and what's going on in america you're a world traveler he says when he travels this is a sentiment people have is this a common theme out there what do you think of his comments we love the bass jamie on the show because we think he's a charlatan and a crowd that's i don't know if i would tell you that everywhere i go people are very perplexed i've told you that america is pushing the chinese and the russi

i did buy avis budget. car. that was a one that was left for dead >> coming up, the s&p 500 is up % this year, but about 40 stocks are down more than 20% so far in 2017 bear markets should you buy the laggards? traders are talking us bottom fishing to catch the best bargains plus, snap is hanging on to its $17 a share ipo price, but all bets are off when it's locked up here and expires this month. how bad could the elling get got a special report and later, the big banks set to report earnings next week as earnings season gets put into full gear much more "fast money" still ahead. did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's up to 16 times faster than slow internet from the phone company. say hello to faster downloads with internet speeds up to 250 megabits per second. get fast internet and add phone and tv now for only $34.90 more per month. call today. comcast busi

>> kelloggs is usually a buy it's got a nice balance sheet.ut it's a bit of a bond, because that group has no growth kevin in georgia, kevin? >> caller: hey, jim, boo-yah from hot atlanta >> what's up >> caller: yeah, my stock is cvna >> if you want to use car play, use car max. let's go to miles in ohio. miles? >> caller: hey, cramer, how are you doing? >> doing well. >> caller: calling you from cleveland, ohio, man >> i was in cleveland this weekend. >> caller: go indians, man i was wondering what you thought about mnk, considering they sold their dmv treatment in europe and stuff. >> i don't know, the long knives are out for those guys i say do not buy i'm staying away michael in florida michael? >> caller: hey, jim. thanks for taking my call. sp semi conductor. >> we are urging people not to tender, not to tender to the bid from qualcomm, because qualcomm should pay more given the comparative stock is much higher let's go to ray in florida ray? >> caller: hey, jim, thanks for taking my call >> thank you >> caller: amaren corps, your opinio

go to any stores to buy anything, or do you buy everything online ?ing online? i do, igoto do you buy everything online? i do, i go to supermarkets. some people think everything will be online. i am more of a believer of the hybrid. drones. when will we get everything delivered by drones? not everything, but it will start taking place in 2-3 but it will start taking place in 2—3 years. this is what i think. i never expected anything would be —— never expected anything would be —— never expected anything would be —— never expected there would be 100% autonomous driving cars. nobody imagined that ten years ago. attic is going to take place. so we are seeing the impossible becoming possible. you have introduced in which is the official office language. how has it been? do you think you made the right choice? definitely. already, 80% of new engineers and scientists we hire a non—japanese. 60% of existing engineering and scientists a non—japanese. many of them do not speak japanese at all. non—japanese. many of them do not speakjapanese at all. i think it

to sell i can't buy but i'd love it honestly. did you get. any money did it. not might have been a. dream to i'm going to buy less but double how did that they're going but out of hundreds of such as if there were did i do that but i would bet that the evident makeover you've had i'm going to go over to find out how that turned out i don't but if you got this out of all the big got to hand it over i found it now has been on. the net got it out there how many decades have. we gotten along. well you know in a town by out of. the elite the lucky. enough to get got then i guess i got i guess if i'm not going to be the judge wouldn't be a moment if they did that then what i did and the people do or don't do or don't feel good about that. just this cold feel so spread of the dozens of square kilometers to the country's largest reserves owed to the exploited by a state run monopoly. everybody hundreds from nearby villages descended to the quarry to steal coal from the company turns a blind eye to the bit you will see that for many it's their only source of income . they've got to both pilo

but if you missed the move, we'll show you how to buy the stock for less than a buck no, we are not dan nathan will break it down. and he correctly called the decline in oil >> i just don't want it. the action begins right now. >> we saw some explosive moves out of these names nvidia searching 12% just this week facebook up nearly 6% and hitting an all time high today microsoft hit a new high today that stock up 5% this week apple has been on a tear, so should you buy these names as we head into earnings season? >> i think it makes sense to be careful. microsoft is up 5% on the week up about 7% over the last couple of weeks here. it's at a new all time high. today. so, as we think b about what we're anticipating, a good quarter and good guidance and it makes sense to think b about e bank stock's reaction today where there was news about what their quarters lookeded like each one had a little piece of news that surprised investors and the stocks were down 2%. they closed decent lichlt part of this is at this point, the play for a continued consolidation, the move might be muted. you coul

and selling of debt the commodification of debt the buying and selling of money the buying and selling of stocks and gaming gaming stocks so that you can make them rise and fall and making all of your money off of. marginal trades in the stock market you know the making of products came to an end and i'm not sure if that's something that completely went hand in glove with the fall of the soviet union but it is interesting that they were timed with one another and i don't think it's completely coincidental it's certainly is part of an overall rot in the entire consumer capitalist system it just doesn't it's not says i just think there's a point at which it's no longer sustainable to keep selling people the next refrigerator or the next t.v. or the next i pod and then the next i phone there's only so far that i think you can go with that because you know it also what that has done is created a system but whereby as stacey pointed out you have an elite who are looking at the people of the financier as the financial elites i think that's really the best way to do to refer to them the finan