cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you a little money. my job is not just to entertain you, but to educate you. so call me at 1-800-743-cnbc. [ whistle ] stop right there. do not try to play pin the tail on the sell-off. after a mixed day where the dow sank 74 points and the s&p slid 0.16%, the nasdaq actually rose 0.4%. this is actually a healthy pause. so the averages can catch their breath. after nearly a whole month where they sprinted higher practically nonstop, best start since 1997. there is nothing to be alarmed about. this one a little unconventional, everybody, because it starts on wednesday. it starts out of order. when facebook is expected to file to come public. all day people have been asking me on that@a jim cramer twitter thing. how do we play? let me give you a ipo 101 please. you can't possibly know how to play it until you know the terms and the perspective price. we can't be stupid about this. if

call cramer at 1-800-743-cnbc to find out how to fire away at cramer on the "lightning round."ou withstand your thunderous onslaught of stocks? and later, the apple effect? with consumers buying apple devices in record numbers, cramer is looking at one company that helps apple suppliers keep up with demand. don't miss jim's exclusive with kla tencor's ceo just ahead. all coming up on "mad money." >>> it is time! it is time for the "lightning round" here on cramer's "mad money." i take the calls, and my staff takes the questions. we play this sound and then the "lightning round" is over. are you ready, skeedaddy? it's time for the "lightning round" on cramer's "mad money." i want to start with kevin in north carolina. kevin. >> caller: jim cramer, big wilmington, north carolina boo-yah. >> got rejected there in 1977 boo-yah. what's up? >> caller: qualcomm's earnings came out. apple did great. what do you think of the future? >> i've got to wait to see qualcomm. i think it's going to be good, but then what happens, you go to @jimcramer on twitter and people say hey, cramer says b

i'm jim cramer, i'll see you tomorrow!

hey, i'm cramer. welcome to "mad money." welcome to cramerica. my job is not just to entertain you but to educate you so call me at 1-800-743-cnbc. you know what? i've got a huge disconnect going here between what people think is happening in this country and what's actually happening. a disconnect that was reflected in today's action. dow sinking 22 points, s&p the misconception our economy is still running off the rails, that we're still in trouble, something causing many of you to sit on the sidelines and miss out on some pretty terrific gains. so because i can't stand it when people leave money on the table, i'm setting you straight tonight. first, the almost universal perception, the american economy is weak, not much good happening. and we're bumping along the bottom in fits and starts. i totally understand where this less-than-rosy coloration comes from, fed chair ben bernanke. i see the tweets on twitter where i've been feisty and giving people the business. i don't care about the negative people. we'd be stuck in a permanent recession if

here on "fast money" on cnbc and "mad money" starts right now with jim cramer. >> i'm jim cramer. welcome to my world. >> you need to get in the game! >> they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. "mad money." you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, i want to coach and teach you. call me at 800-743-cnbc. what does this market want out of a stock? what's it demanding? >> right now you can say not much in 2012 since we just had the best january in 15 years! ♪ hallelujah >> despite today's bull action, dow sinking 21 points and s&p below 5%, it was up 7%, to me, as january goes, so goes nothing else so i'm not putting much stock in this month as a predictor, but the correlations between what i've seen in january and the rest of the year they give you a false sense of security and not going to let you get complacent because of them. you can forget about me giving you prognostications based on how this month finished. if you bought amazon because janu

jim cramer went on c n b say and he did a hissy fit then let's cut to jim right now this one is in two thousand and eight and bernanke is being an academic it is no time to be an academic it is time to get out of the bear stearns school listen open the door and window he has no idea how bad it is out there is no. yes no you aren't you yeah cramer today has almost every single one of these firms you know where seventy two hours and yes you do you want it's like out there now cramer he got his way member right after that paulson went in front of congress and said give us three quarters of a trillion or we're going to declare martial law that came out in the in the testimony later which turned into that was tarp and it turned into when you add all the extra tarp features almost fifteen trillion in bailouts we know from request freedom of information act that there was a seven trillion chunk that went directly into the banks pocket another seven trillion of ancillary kind of was distributed to these guys very simply have that kind of money been used to bail out the homeowners the recession

he has do you want it's like out there now cramer he got his way member right after that paulson went in front of congress and said give us three quarters of a trillion or we're going to declare martial law that came out in the in the testimony later which turned into that was tarp and it turned into when you add all the extra tarp features almost fifteen trillion in bailouts we know from request freedom of information act that there was a seven trillion chunk that went directly into the banks pocket another seven trillion of ancillary kind of was distributed to these guys very simply have that kind of money been used to bail out the homeowners the recession depression would have been over already two years ago b. obama would have come out like somebody who's a populist representing the people and not somebody in the pocket of the bankers and see kramer would have been taken off the air by now because he's a charlatan and a scam and as hedge fund as recommendations i presume produced an exact gain over the past five years of negative six or seven percent corn in my calculations so but

don't fire the captains and tell them that they're no longer in charge no here's a tweet from jim cramer i must just proposes one trillion increase in lending that's what's needed i.m.f. stepping up to. the table real heat so in fact the i.m.f. expanded their lending to a trillion now they're looking for six hundred billion more right well this is the jim cramer stunt we saw in two thousand and eight remember when lehman went bust and there was a liquidity started to freeze up in the system and it looked like banks might have to pay for the mistakes that they made. jim cramer went on c n b say any did a hissy fit this let's cut to jim right now this one is in two thousand and eight and bernanke is being an academic it is no time to be an academic it is time to get out of the bear stearns school listen open the door facing window he has no idea how bad it is out there is no. yes no you aren't you cramer has almost every single one of these firms you know where seventy two hours and yes you do you want it's like out there now creamer he got his way member right after that paulson went in f

good morning and welcome the "squawk on the street" i'm melissa lee with carl quintanilla and jim cramerthe latest standard and poor released the case-schiller report, and we will take a closer look. and meanwhile, looking at the futures and dow looking out about 43 points and the s&p at fi five. and on europe, a fiscal accord, but no greek deal. and we are seeing the dax higher than 1%. >>> here is the road map for this tuesday, and u.p.s., and lift as the market gets a best start to the year since '97, but pfizer could be a damper as it ratchets down the 2012 expectations. >>> and the florida polls show mitt romney in the lead. can newt gingrich still survive as his momentum from south carolina seems to be evaporating? >>> and a fresh low after taking down forecasts citing weakness from sprint. meantime, the antithesis of the stock, amazon is set to report earnings after the close. >>> and unusual move by apple and names an outsider the new head of retail from dixons, but who is john browette and does he have the same touch of a ron johnson who heads jcpenney and that is the question a

my interview with cnbc's jim cramer, host of "mad money."ut the race for president and mitt romney's millions. when romney pays 15% in taxes because his income komts from capitol gainls instead of earned income, is that fair? >> that should be regular income. it's just a complete outrage. it's ordinary income, but only the hedge fund managers get away with it. if they weren't so rich and own so many congresspeople, they'd be paying ordinary income tax. >> to you think this is the thing that it's a mistake for mitt romney to say that? >> no. he was doing exactly what anybody could do. if your tax code -- you do not pay 30% if you're only told to pay 15%. you take your winnings to your accountant and your accountant says, those are capital gains. you only pay 15%. he wasn't gaming the tax code. the tax code's been gamed by rich people. i see all this stuff about romney. i like -- i have interviewed mitt, i was thinking about going to work for him. i don't like the tax code. i like that mitt romney, the fact he's being hoisted on that one is ri

he's better than obama or will amy cramer and a lot of tea partiers say maybe sit it out?epends on what happens. i mean, i think this is going to be a very long drawn-out process. i don't think we're going to know who the nominee is by south carolina, which is next week. but look, at the end of the day, i want to defeat barack obama barack obama. we can't afford another elena kagan or sotomayor on the supreme court. we can't. the power grab last week with the recess appointments, we can't go there. that's what i'm focused on. >> amy creer. >> up next, the truth behind mitt romney's claim he helped create 100,000 jobs. later, a high bridge, an alligator infested river and a very lucky bungee jumper. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a

we'll talk to amy cramer from the tea party express. stay with msnbc throughout the day for nonstop coverage of the south carolina republican primary. prime time kicks off on chris matthews and ed schultz, lawrence o'donnell and the whole team. that's tonight only right here on msnbc. >>> mitt romney is the best candidate if they have -- we need someone with his qualifications badly right now. >> newt gingrich. i just felt like he's the person that will be able to lead our country in the right direction. have you met your skin twin? covergirl trublend has skin twin technology. other makeup can sit on your skin, so it looks like...makeup. but trublend has skin twin technology to actually merge with your skin. how easy breezy beautiful is that? trublend...from covergirl. but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ deep breath] awesome. [ male announcer ] yes, it is. that's the cold trut

it's time for cramer's mad dash ahead of the market open.re a lot of stocks we're watching this morning, in terms of that deal, the abb deal, does that man other companies in this sector will get a bid is. >> i think you have to recognize some of them have actually moved tremendously, still someone undervalued. this cooper -- this used to be a great american growth industrial. looks like its got its growth mojo back and it's got a tool business that's good. can you look at cooper. it has moved a lot. looking at selling at 7.8 times twice ebidta. cooper is a great company. i hope it comes down so you recommend it. >> what do you make of some of the downgrades? staples, horton. you mentioned earlier many of them are valuations. >> i love horton. they signalled in the call things are back. they're building new communities, there's good feeling that business is good. the pull back buy, staples, no momentum, small business story. it has not ban good buy. staples is just something that romney talks about. that's a romney talk about. and dunder mif

my interview with cnbc's jim cramer, host of mad money.ical environment affect our economy. how much does the state of u.s. politics affect the economy? i mean, can people look at congress and the president and really hold them accountable for the economy or is that overblown? >> i think that it's radically overblown. i mean, i don't want to be -- i'm a nonpolitical guy. i'm not left, i'm not right. what i see is demand and supply. okay? the government can help stimulate demand at times. but in the end, what matters is -- and government can create a world where there's more confidence. therefore, you're willing to take more risk. what's happening in this country is that we just cut back so much that we just have to start replenishing. that's automobiles. that's why i think housing -- it's so easy to blame government. it's a great new story. it's obama's fault, it was george w. bush's faumt. no, there was not enough regulation so a lot of things were done wrong in the housing industry. it was a poorly regulated industry. it hurt. for the mo

time for cramer's mad dash.ething that we have not mentioned is a more than $3 billion deal in the chemical industry. eastman kodak with -- >> the acquirer stock. will it go up? looks like it will. the deal looks to be acretive very quickly. we haven't seen much m and a. we all know that. this year so far has not started at a level even that approximates last year, which the first half of which was very active. then we dropped off as a result of euro. >> we've got georgia gulf westlake. earlier arch chemical last year. these are performance chemicals. they really are terrific companies at this point in the cycle pch natural gas is at 20-year lows. that's fair feed stock. at the same time, these are housing plays. georgia gulf is pvc pipe. d.r. horton with positive numbers today. take a look at the -- a lot is nonresidential construction in aerospace z ae aerospa aerospace. this defies the gdp number. these deals happen because the companies are far more optimistic about the united states than the gdp data. >> yo

. >> so amy cramer is going to join us to talk about that. >> look how mad he looks.see that? aren't als made for people with diabetes. that's why there's new glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have 6 grams of sugars. with 15 grams of protein to help manage hunger... look who's getting smart about her weight. [ male announcer ] new glucerna hunger smart. a smart way to help manage hunger and diabetes. can you enjoy vegetables with new glucern sauceer smart. and still reach your weight loss goals? you can with green giant frozen vegetables. over twenty delicious varieties have sixty calories or less per serving and are now weight watchers-endorsed. try green giant frozen vegetables with sauce. [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. check your steps at foodsafety.gov. will be giving away passafree copies of the alcoholism & addiction cure. to get yours, go to ssa

. ♪ ♪ >> cramer.ez.♪ >> you hear the whistle and hear the officers yelling, you know it's not a false alarm. >> call him in, will you? fist fight. second tier landing. >> an alarm sounds in the sensitive needs unit after yet another fist fight breaks out on the tier. >> turn your feet around. turn your feet around. >> i heard a whistle and responded to the second tier landing cellblock and found the inmate laying face down. said he had just been in a fist fight. >> i knew i had to get out of the way. >> see you guys. >> i then proceeded to take him down to get medical for an injury and now being placed in a holding cell in donner section, probably going to be one of our newest arrivals in administrative segregation. >> what is becoming the protocol in these violence incidents in sny, both the attacker and victim are moved to ad seg. >> got into an altercation. he sucker punched me in the head on the way back. there's not supposed to be any gang is in the prison in the pc. something they've overlooked,

. >>> coming up on "mad money," cramer is bounces off the housing. and discretionary spending. the company that makes about to set sail. plus the ceo coming up on "mad money." i'm just reading someone else's work. let's hit some options action here. jpmorgan, scott, what are you doing? >> i was listening to fred earlier and i like what he has to say. but i think jpmorgan is like the prettiest girl at the dance getting ignored. i think earlier this year everybody wanted to be in citi and bank of america because they were looking for super. jpmorgan is not going to participate as much to the upside. so i can sell the february 37, 38 call spread. about 40 cents right now on the close could have sold for about 50 cents. that's selling the 37 call at about 35 cents and capping your risk by paying 55 cents for the 38 call. we're risking 60 cents. this is essentially a coin flip. i'm okay with the payout odds. it has to get to 30 drents for me to lose that full amount. >> yes. thanks for that trade. catch for "options action" every friday at 5:00. more "fast money" coming up next. >>>

i'm jim cramer, i'll see you tomorrow! >> looking at the googleplex, it's hard to imagine that just a few years ago the company basically consisted of the russian-born brin and cofounder larry page working in a converted garage. >> our boardroom table was also our ping-pong table, so it had the net and everything. >> he's been called the toddler ceo, the boy wonder who created facebook. you're not a harvard alum. >> that's true. we don't have a setting for dropout, so... >> what's the difference in $5 billion and $100 billion? i know it's $95 billion. >> a lot of cheeseburgers. let me tell you. >> welcome to 60 minutes on cnbc. i'm lesley stahl. the information technology revolution changes our world on a daily basis, but one thing that doesn't change is our fascination with the so-called nerds who not only transformed society but became billionaires in the process. this edition features a trio of these tech titans: bill gates, the man who created the world's most valuable software company, microsoft; mark zuckerberg, the

. >> i've talked to amy cramer, tea party express, other tea party activists who say they have not endorsed problems is, they like ron paul's economic message. they don't like his foreign policy. each of the candidates has some drawback that is not getting that kind of support to coalesce. >> i think it's fascinating. i mean, iowa is the ee petmy of the problem barack obama has going into the general election. one of ten iowa democrats have fled the president's own party since 2009. when you see someone like ron paul whose message is focused on the debt, when you see those independents making a decision to register as republicans, they're doing so as an indictment of the spending we've seen out of washington. iowa's going to be one of six or seven states that will swing the election next november. the fact people are leaving the president's own party tells me just how competitive iowa is going to be and just how frustrated people are with the leadership they were promised four years ago tonight by president, then senator obama in the iowa kuk cusses. >> has something changed in iowa? we not

i love it and the best book, chronicling that process, richard ben cramer. >> absolutely s mine is apparently get that new game for my kids. i'm gonna make them download that stuff on their kinect. that's it for this edition of the daily run down. tomorrow on the show, new hampshire senator kelly aantibiotic will join me in new hampshire. jobs, numbers day, you saw that mind-boggling adp number. see what the breaking news is on this country the first friday of the new year, coming up, next on msnbc, chris jansing and company at 1ing cloo, andrea mitchell reports, agoering right in this seat. see you then. bye. what ? customers didn't like it. so why do banks do it ? hello ? hello ?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. and then treats day after day... well that's like checking on your burgers after they're burnt! [ male announcer ] treat your frequent heartburn by blocking the acid with prilosec otc. and don't get heartburn in the first place! [ male announcer ] one pill a day. 24 hours. zero heartburn.

and then we have any cramer, chairman -- chairman of the tea party express. then we have chuck covington from the nra. we will have grover start the afternoon. >> there are two teams in american politics. in the past, there were two parties and somebody told you they were republican 100 years ago or 50 years ago, all you really knew about them was that they were born north of the mason-dixon line. the two parties were regional. they were not ideological. they were not based on principle. if you met a republican or democrat, you did not know there were for higher taxes or lower taxes, more spending or less spending, or what their foreign policy was. you simply knew where they were born. that was about it. it was during the lifetime of ronald reagan that the two political parties and the conservative movement around the republican party and the liberal progressive movement from the democratic party, the two parties separated themselves out in a coherent way. they wanted more -- one party wanted more government control, more taxes, more spending, those became a

amy cramer, chairman of the tea party express with us out of atlanta.rning, to you, amy. >> thanks, bill. thanks for having me. bill: led over by the cliff of extremism. what do you think of that? >> harry reid shows out of touch with reality he is. there is nothing extreme about the constitution. there is nothing extreme about a balanced budget and washington living within their means. that is exactly what the tea party movement's about. we'll continue to fight this. bill: he is suggesting that the party is losing influence. this is also what he said on nbc. roll this. >> i hope that tea party doesn't have the influence in this next year they had in the previous year. that because it has been really bad for this country and i understand, i repeat, why the american people feel the way they do. i think the tea party is dying out as economy is getting better. bill: what about that last comment, dying out, amy? >> he couldn't be more wrong bill. look, this is a man that, he is the leader of the united states senate and under this democratic-controlled sena

then we have to my left in the cramer. she's the chairman of the tea party express. and we have chuck who is joint is from the nra. i believe rove is going to start for us this afternoon. >> there are two teams in american politics. and in the past, you know, there were two parties and somebody told you they were republican 100 is ago or 50 years ago, all you really knew about them was that they were more north -- born north of the mason dixie line. the two parties were regional. they weren't ideological. they weren't based on principles. something if you met a republican or democrat you didn't know if they were for higher taxes or lower taxes or more spend our listing on whether foreign policy was. you simply knew where they were born. and that was about it. but it was during the lifetime of ronald reagan that the two political parties and the conservative movement around the republican party and the liberal progressive movement about the democratic party, the two-party separate themselves out in a coherent way. people who want more government, more government contr

you see former congressman bud cramer, form with the district attorney in huntsville, alabama, had received his first case as da and whether those by state or the office was making his life difficult, they gave him a child abuse case. when he went to interview the victim, the victim and his own words, the victim said if you ask me another question i will kill myself. he realized the child had been talking 14 different kinds but everybody spoke with joe. he had a radical idea. he broke the silence and he said i'm putting together place all the social workers, but 25 years later that model works. and that's what we have here. and yet not every case and every child gets seen by the cac first. and the amazing part, i echoed judge martin, my testimony as it falls the day as this event of our ipad culture but i would send this disturbing report to our directors whether she reported to me that a six year old had come home and asked us. if he was going to jail because two police officers came to school with guns and another person was also there. he reportedly was crying and scared, and he told the

the voice you have been hearing introducing we presenters and voice overs, steve cramer.plause] i ask if they would let me introduce the next presenter. is for the category, the best in documentary. sheila nevins, who is the head of documentary at hbo for many years is really one of the most remarkable people. she and i think 2005 received a lifetime achievement or so. she has been the overseer of over 500 documentary's. she has been the recipient of two dozen news and documentary emmys and another ten or so primetime and lesser awards like eight oscars. but -- thank you. she is truly the first lady of television documentaries. my great pleasure to bring in sheila nevins. [applause] >> thank you. there have been so many men in suits tonight, and so many sad stories. i thought i would think my gynecologist. [laughter] i tried it. it wasn't bad, was it? anyway, the best documentary, the nomination. and the winner is pov food, inky. >> accepting the emmy, director and producer. >> the fast-food industry fought against giving you calorie information, fought against telling yo

former congressman bud cramer, former district attorney in huntsville, alabama received his first casewhether by fate or the office was making his life difficult they gave him a child abuse case. when bud went to interview the victim, in bud's own words the victim says if you ask me another question i will kill myself because bud realize the child had been spoken to 14 different times. everybody spoke with the child. he had a radical idea. he broke the silo. i bring together police officers and social workers and everyone said but you're crazy. 25 years later that model works. that is what we have here. yet not every case and every child gets seen by the cac first. the amazing part, i echo judge martin my testimony has evolved, maybe disadvantage of our ipad culture, i was sent this disturbing report by our clinical director just this morning. she reported to me that a 6-year-old had come home and asked his parent if he was going to jail because two police officers came to school with guns and another person, a cps worker was also there. he reportedly was crying and scared and he told