i am jim cramer. see you tomorrow. >> narrator: in this episode of "american greed," fen-phen, the miracle weight-loss drug of the '90s, turns out to have a serious side effect. >> for some of these patients, this was very scary. this was a death sentence for some of them. >> narrator: when the story breaks, ambulance-chasing lawyers rush in, exploit tragedy, and pilfer their clients' money. >> these lawyers were already going to legally be paid fees in the amount of $60 million, but that wasn't enough. so they took $126 million out of a $200 million settlement. >> they wanted their rollses. they wanted their planes. they wanted their horses. they wanted it all.

follow @jim cramer on twitter. have a question? tweet cramer. _#mad tweets.end jim an e-mail to "mad money" at cnbc.com or give us a call at 1- 00-743-cnbc. miss something? head to "mad money".cnbc.com. ♪ there's confidence... then there's trusting your vehicle maintenance to ford service confidence. our expertise, technology, and high quality parts means your peace of mind. it's no wonder last year we sold over three million tires. and during the big tire event, get up to $140 in mail-in rebates on four select tires. ♪ >>> when the stock market's leaders stumble or worse, when they get taken out back and shot in the head, these now former leaders can do immense damage to your portfolio. even as the dow and the s&p continue to surgery higher to records. it's worth noting that this market is going to experience a kudeta starting yesterday when one of 2014's strongest leaders, the biotech sector, was gee teebed. the approximate cost was the break-up of the virtual monopoly on effective cures for hepatitis c, as express scripts, the largest pharmacy in the count

tweet me at jim cramer. we got a battle going on here, a battle between the joy of the consumer. >> house of pleasure. >> and the pain of the producers. >> the house of pain. >> and on days like today, the agony of those who make raw products wins out causing the dow to plunge 268 points. nasdaq nosedive 1.73%, worst day in ages. it's a good news, bad news game. today the negatives won out. first, though, because i'm kind of optimism fella. some are obvious. when we pump our gas, most of us are in disbelief how cheap it is. i can't tell you how many times i put out $60, 50 will do. i get a good spot when that comes back to me, but there are big losers on the other side, too. we don't see them. from the longest losers are countries considered hostile to our interest or produce terrorists that charged our world in horrible and heinous ways, members of opec. these days gasoline may come from oil produced in the united states, refined in the united states. this time the losers, some are closer to home and borrow

cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you money. my job is not just to entertain you but to educate you so call me or tweet me. we live in a very confusing moment at least for the stock market. it's a time when there's always somebody on tv or in the newspaper or on the internet telling you to do exactly the opposite of what you should really be doing. and they tell you to do the wrong thing with incredible conviction. sometimes they sound super intelligent, too, much smarter than i sound, for example. but here on "mad money," we're not about sounding smart. if we were i probably wouldn't have so many silly sound effects. we're about trying to get it right, what to buy, what to sell, what direction the market is headed, how it works. you get these things right, and it's a heck of a lot easier to make money in this or any market. and in all my 30-plus years in the investment business, i have to tell you the easiest way

stick with cramer. question how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to like, pull it a little further got me to 70 years old i'm going to have to rethink this thing it's hard to imagine how much we'll need for a retirement that could last 30 years or more. so maybe we need to approach things differently, if we want to be ready for a longer retirement. ♪ attention investors! vectorvest mobile is here and it's free! make faster, smarter, better trading decisions with vectorvest mobile. the most powerful app or managing your portfolio from the palm of your hand. only vectorvest mobile analyzes, ranks and graphs... ...over 16,000 stocks worldwide, everyday,... ...and gives you clear buy, sell, hold recommendations... ...on every stock; anytime, anywhere. vectorvest mobile comes free with your vectorvest trial. get it now! visit vectorvest.com/mobile to get started i take prilosec otc each morning f

mad money starts now. >>> hey i'm cramer, welcome to mad money. i'm trying to save you a little money. my job not just entertain but teach you. tweet me at jim cramer. >>> today i was taken back by what happened. it was like a bell that went off. it was the stock of google. it actually went higher. yeah. on a day when the dow dropped twelve and nassau dak declined 11%. google stopped trading, managed to jump more than $5 i almost did a double take if not a spit take. do you know where these averages are up double digits, google is actually down. three percent. google is not alone. amazon down 21%. netflix down 5%. what's going on with the fafs. how could the order for their stocks have cooled so quickly? one word, competition. more specifically several kinds of competition. the competition to the business and the competition to the stock. and both have been hurting these names for some time and they're not talked about enough. a lot of you are trying to figure out what the heck is going on. you started with the right place let's start with google.

call me or tweet me at jim cramer. on a nasty day where the dow took a dumble, plunging .73%, nasdaq nosediving .84%. i think it's worth taking time to point out the bright side of this sell off, which is principle participated, participated by a crime, something we like, a decline in oil. the fact of the matter is we've had this epic here and we were due for a profit taking. you know what? it would have been surprising if we didn't sell off after the gains this quarter so don't pay too much attention to those who wine and how this decline in oil indicates the global economy is doing worse than we thought. you hear a lot of these gripes on an ugly day like today but i think it obscures the hard work and intelligence of the many executives who are dedicated to exploring your own company's opportunities regardless of the backdrop. i'm talking about companies that can pay up for on days like today because the growth is not dependent on the oil of larger issues that everyone is always fretting about. these are the kinds of

have a question, tweet cramer, #madtweets. send jim an e-mail to mad money at cnbc.com or give us a call. miss something? head to madmoney.cnbc.com. >>> man, i miss the days when activist investors would try to turn around struggling companies and ailing businesses with executives who barely needed to be held accountable. these days though, activists only seem to go after the best of the best. they pick targets already successful and put heat on them to do even more. in poker terms going after players who built a straight and trying to get a full house. it's not easy and for many well run companies it's difficult. they have to spebd time with these guys and they have a winning hand, either way. they are in a no lose situation and it is too bad because there are plenty of situations out there that are just begging for activists to strike. let me give you two classes, united technology and mcdonalds. tech no logical marvel that dominated heating, ventilation, defense, mostly helicopters and the company performed well at a time w

>> boo-yah, cramer. i've been a fan since the first day of cramer. >> holy cow.e talking about 1987. thank you for calling, steve. >> jim, i would like you to clarify two things first, the limited risk of selling the naked call, and second could you please clarify that buying a stock and selling a car also known as a buy right is equal to selling naked and the same strike put and thank you, jim, you've made a difference for so many. >> i do not like selling puts why? because in the crash of 87 i saw firm goes out of business because they never thought stocks would sell at a certain level. what happens if i don't like the stock i can't bring the stock back in and i use neither of those strategies and i don't recommend them for viewers. let's go to paul in tennessee. boo-yah, paul. >> boo-yah, this is paul. thank you for taking my call. >> of course. >> i wish you would come to vanderbilt because we love you here. we could eat you with a spoon. >> you're very nice. >> and just to follow you. >> thank you. i hope i do a good job. it's a lot of pressure but thank you

. >> hey, i'm cramer. welcome to "mad money". welcome to crameric. my job is not just to entertain, but to coach and teach you so call me at 1-800-743-cnbc, or tweet me @jim cramer. the stock market is its own beast, wholly apart from the real economy. we tend to think that what's positive for regular people is also positive for stocks. that's not always the case, and it colored a lot of the good news and sent the averages higher. the s&p advanced .38%. the nasdaq 1.34%. the chief example, there's nothing more positive for the consumer than price competition. consumers get so much good out of companies that compete with each other. we often forget, for example, just how fantastic the internet is to price competition. i remember when i was growing up as a teenager, if you took a rival ad in the paper to lafayette radio in philadelphia, they would match the price equal to any stereo. that was just a marvel to me. back then they would cut price just because they wanted your business so badly you brought in an ad. these days you simply go on amazon, look

i'm jim cramer. tomorrow. >> okay, here we go. >> tonight on the profit, i meet michael and tina sena... >> three, one, three. >> experienced trainers who own a fitness studio. >> chest up. atta boy! >> the instruction is first-rate. >> nice, high thighs. >> but the business? well, that needs to be whipped into shape. you're not focusing on everything over here. >> i'm telling you, i did what i thought i could do. >> michael refuses to bring in workout equipment... >> i just don't want to be like every other gym. >> i wouldn't work out there. which holds back membership. >> i may challenge him. >> what we're doing isn't working. >> that's such crap, and you know it. >> but it's his ego that may ultimately bring down this business... >> nobody would recognize her name. they would recognize my name first. >> and possibly even his relationship. >> since we got rried, you're always worried about your own identity. >> but everybody has their own identity.

companies like cramer fave honeywell. the diversified company that makes aerospace component energy saving climate control systems security equipment, turbo chargers that boost gas mileage and refining catalysts that allow refineries to get more gasoline out of a given barrel of crude. no wonder the price of oil keeps falling. this morning honeywell gave its forecast for 2015, slightly lower than revenue guidance, the numbers solid enough the stock was flat. let's take a look with dave cote chairman and ceo of honeywell and one of my 21 bankable ceos who get rich carefully and find out where the company is headed. welcome back to "mad money." >> always love to see you. >> have a seat. i have to tell you, you were a beacon within gloom a lot of people are talking about europe starting to go down. you had eurozone plus maybe for 2015. lot of people worry about latin america and brazil. you have that positive. united states may not be that good because of all the pressure around the globe. you're not like that. why cab you n

stay with cramer. hi. pete and jon najarian here in new york city outside of the nasdaq, where we bring you live daily market updates. and today, we have a very special free gift for you. so many viewers e-mail us wanting to know our secrets on how we trade options. so we put our secrets into a new book. and if you're one of the first 250 people to call in right now and just cover shipping and handling, we'll send you a copy for free. look at the rate of return we've made on some of our recent options trades, versus what we would have made had we just bought the stock. there's no comparison. to make the best returns in today's market, you have to learn how to trade options. and our book will show you how to do it for free. jon has been trading options for more than 30 years. pete is one of the top 100 traders in the country. and our book will teach you how to trade options for free. so call now. [ male announcer ] call the number on your screen now for your free copy of jon and pete's new book. that's... (

i'm jim cramer, and i'll see you monday!llowing is a cnbc original production. >> it may be the most recognizable brand on the planet -- coca-cola. >> the heritage of this company is equal to none. there is nothing as global as coca-cola in the world. >> a $67-billion empire... sold in 206 countries... enjoyed in every house... and we mean every house. found in the most remote corners of the globe, melissa lee reports on the brand with a buzz. >> there was a wee bit of cocaine in the original coca-cola. >> and it's more than just coke. >> zico is 100% pure coconut water. >> 500 different brands to

"mad money" with jim cramer starts right now. "mad money" with jim cramer starts right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. >> hey i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you but to coach you. call me at 1-800-743-cnbc or tweet me @jimcramer. in the face of crushing declines, uproarious rallies, and even just plain jane garden variety days in this market, we must always guard against our own human emotions, which often get the better of us when everything's going well in the stock market and when things are going badly they seem to grip us totally. when things are too good we tend to take too much risk. and when things are going terribly, we despair and leave the stock market entirely. it's a fact of life. and over the years even as stocks hav

have a question tweet cramer. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something head to madmon madmoney.cnbc.com. (vo) watching. waiting. for that moment, where right place meets right time. and when i find it- i go for it. (announcer) at scottrade, we share your passion for trading. that's why we give you the edge, with innovative charting and trading features, plus powerful mobile apps so you're always connected, wherever you are. because at scottrade, our passion is to power yours. >>> on a day to day basis the market is totally enthralled to the oil futures. when oil goes lower the stock market gets clobbered. when oil goes higher everyone takes a deep breath and our stocks are able to rally fabulously. now, there is no fighting this linkage even though it is really the opposite of what should be happening. it is counter intative. after all cheaper oil is great news for the vast majority of our companies which will see higher earnings as a direct consequence. why you s

stick with cramer. for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> after the hideous decline in oil last week taking the price of crude down, even if today's rebound exactly how worried should we be about the energy complex tonight find out the answer, we checked in with some of the more junior oil and gas producers whose stocks are e vis rated. i'm talking about companies like magnum hunter, the $746 million exploration production company that has high quality assets in the shales and rapid growth and make it a capital expenditure budget. a number of plans to clean up that balance sheet including

tweet me at jim cramer. once again, the pain of the oil producers trumped the pleasure of the consumers with the dow plunging 316 points. s&p sinking 1.62%. nasdaq dropping 1.16%. i understand the dilemma here. you benefit from low oil prices, right? so do i. the fact they keep declining relentlessly brea lly freaks ou here. what will go belly up? will the consequence be? do they do when they are scared. it's easy. they sell their stocks. now always remember the way big money things, big money controls the prices on your screen, not you and me. stocks are who is known as an asset class, not individual companies. those who think lower oil will cause may ham among producers that will spill over to all companies, just come in and they like a free fire zone blast out of the s&p 500 futures. either to get short the index bet against stocks or to hedge against existing stocks that they own and those sales from the future often reverberate into lower stock prices for all 500 stocks as they get overwhelmed by instit

or tweet me at jim cramer. anybody who has a high school diploma has taken a course in chemistry, geometry, physics and a host of history classes. you can graduate from college and have a deep understanding of quantum physics. but you know what they teach you in high school but won't touch with a ten-foot pool in college, financial literacy. you can be an e conmy major and not even learn how to balance a darn checkbook. money is not talked about in education. it's like the third rail of the whole educational system. and that's why i'm on a constant mission to teach you to manage your money so you'll become a better investor when it comes to retirement investing and playing around what w what i call your discretionary mad money portfolio which is a big reason why i wrote "get rich carefully" to begin with. most of you even if you don't own individual stocks directly you probably have some kind of exposure to the stock market. 401(k) plan y you keep the bulk of your retirement funds which is why i want to talk ab

stay are cramer. here's a question for you: when electricity is generated with natural gas instead of today's most used source, how much are co2 emissions reduced? up to 30%? 45%? 60%? the answer is... up to 60% less. and that's a big reason why the u.s. is a world leader in reducing co2 emissions. take the energy quiz -- round 2. energy lives here. >>> let me tell you why you should pay attention when i interview a ceo on "mad money." five weeks ago deckers brands, maker of ugg boots and hot new products reported what i thought was a terrific quarter. wall street was disappointed and the stock got slammed. that night we spoke with ceo and he explained us terrific things his company had in store as we head to the holidays. if you listened to him you made a killing. i think the stock has more room to run into the end of the year and maybe beyond. earlier today i got a chance to check in with the chairman, president and ceo of deckers at their downtown manhattan store. take a look. >> this is ugg season

cramer? a little bit? >> he is entrepreneur company. you don't like his stock, sell it. >> actually free market bottom line. >> paying himself millions and millions of dollars. melissa: as they're losing money hand over fist. >> he is entrepreneur -- yeah, well, no offense but if you bought that stock at ipo when i was covering internet stocks like pets.com -- melissa: market cap of 1.7 billion to 75 million. >> wait. companies lose -- melissa: ceo -- >> companies lose money all the time. melissa: head of the company doesn't continue to pay himself hand over fist. >> you know why he does? if it wasn't for him, nobody, they would get zero eyeballs. he is worth it for sir, they're wrapping me. they're wrapping me. charlie gasparino, i love you so much. no one could anticipate what you were going to say about the story. >> this is so obvious. this is insane. this guy is a nobody. >> so obvious, melissa,dy, got whole thing started again. my mistake. >> how do you like the fact that the "new york times" -- melissa: cheaper by the gallon. gas

asenate. >> caller: hi, cramer. last week you said juno is the right buy for $13 to $18 when it opened but i could not get with that rate right now. it's trading at $36 to $38. is this still a good buy? >> i think it's going to go right into the end of the year it's going to go higher. i think this is the biotech stock that people want along with blue bird bio and kite and they're not going to stop. they're going to keep buying this stock next week soy think that that's a good trade. after that we'll be thinking. can i go to steven in hawaii, please? steven? >> caller: aloha and mahalo. >> right back at you, i was in hilo earlier in the year. beautiful as ever. what's up? >> did you see the lava flow? >> yes, but mostly i looked at the great banyon trees and i got a picture in front of the one that babe ruth liked go. ahead. >> caller: my condolences to you and your family on your recent loss. >> thank you. >> caller: i have owned stock in avent products for many years. i'm a retirees from avon. i understand avon is

hey, i'm cramer. welcome to "mad money." welcome to cramerica. some people want to make friends, i want fewer days like today and i want to keep you in the game after this horrible session. call me. tweet me at jim cramer. once again, the pain of the oil producers trumped the p

tweet me at jim cramer.battle between the joy of the consumer. >> house of pleasure. >> and the pain of the

funded in part by -- thestreet.com and action alerts plus where jim cramer and fellow portfolio manager stephanie link share their investment strategies, stock picks and market insights. you can learn more at thestreet.com/nbr. >>> wall street and washington. the two intersected today when some of the biggest names in business from walmart to exxon mobile asked the president about some of the biggest issues facing their companies and the economy. >> and there's one matter that could keep business leaders up at night in the new year. we'll tell you what it is. all that and more tonight on "nightly business report" for wednesday, december 3rd. >> good evening, everyone. i'm sue herera. susie gharib is off tonight. >> i'm tyler mathisen. welcome. >>> modest gains for stocks today. enough to knock record closing for the dow and s&p 500. we do begin tonight with a meeting of the business round table. a collection of top chief executives from some of the nation's biggest companies. weighing in on matters important to the business and the economy. concerns like tumbling oil and gasoline prices

hey i'm cramer. welcome to "mad money." welcome to cramerica. friends, i'm here to make you money and educate and teach. call me or tweet me at jim cramer. on a nasty day where the dow took a dumble, plunging

funded in part by -- thestreet.com and action alerts plus where jim cramer and fellow portfolio manager stephanie link share their investment strategies, stock picks and market insights. you can learn more at thestreet.com/nbr. >>> when mario speaks, the markets listen. today, there were some sharp reaction and confusion when the head of the european central bank didn't say what investors wanted to hear. >>> from russia with love, a defiant vladimir putin addresses parliament as the country and economy fall on hard times ncht and bringing it home. what all the global head winds could mean for the u.s. economy and your money. all that and more tonight on "nightly business report" for thursday, december 4th. >> good evening, everyone. wall street was talking about mario and the world economy today. we're talking about mario, the head of europe's central bank. investors are disappointed that he said he will wait a bit more before launching a stimulus plan to boost europe's economy. those droggy comments the bomb buying program known as quantitative easing. there's hope that droggy will ann

plus, cramer's take on today's wild action. stay tuned. >>> welcome back to "fast money."t here on a credit rating for alaska. moody's has revived alaska's outlook to a negative outlook from a prior stable outlook, but they reaffirmed their aaa rating on general obligation bonds. moody's has basically revised the outlook of the state of alaska to negative because of the plunge in oil prices since the start of the fiscal year that now threatens to rapidly and significantly reduce the state's budgetary reserves here, so, melissa, gang, alaska still aaa but the outlook negative because it's so reliant on the oil industry. >> time now for the final trade. let's go around the horn. >> quick question, i made 22, not 42. my final trade is china mobile, chl. this stock has very good support. it's a yield play. it's a valuation play, but as much of a yield play for a company. danny mentioned them. i think now they're reaping the benefits. >> dan? >> g-swizz has not wavered one bit. a short-term basis, i'm on puts. i think we settle it after the fed meeting. >> oil lower, delta high

funded in part by -- thestreet.com and action alerts plus where jim cramer and fellow portfolio manager stephanie link share their investment strategies, stock picks and market insights. you can learn more at thestreet.com/nbr. >>>>> in the fast lane, falling discounts got people into the auto showroom driving off with new cars as a handful of automakers post their best monthly sales figures in years. >> breakthrough drug, the promising new treatment that could potentially help millions of americans with alzheimer's. >>> stocking stuffers, why you might be surprised by the companies outperformed the holiday season the past ten years. all that and more for "nightly business report" tuesday december 2nd. good evening, everybody, i'm sue herrera. susie gharib has the night off. >> with the dow reaching an all time closing high on cyber monday, strong auto sales in november. learned about them today and an increase in construction spending in the month of october. spending on both public and private construction projects rose more than 1% that month. that was the largest gain since may help

funded in part by -- arts plus where jim cramer and fellow portfolio manager stephanie link share their investment strategies, stock picks and market insights. you can learn more at thestreet.com/nbr. >>> blockbuster gains. employers were hiring last month adding more workers to their payrolls than they have in years putting 2014 on track for the labor market's best 12 months since 1999. >>> new records and as the dow closes in on 18,000, our guest tonight still finds value in this market. >>> and battle against bacteria. meet the entrepreneur shining a light, a bright one, on the growing problem in the health care industry. we have all that and more on "nightly business report" for friday, december 5th. >> and good evening, everyone. welcome. now, the job market is partying like it's 1999. and with good reason. not since that year has the u.s. economy been on pace to add so many jobs over a 12 month period. today, the data crunchers formerly known as the labor department reported a spectacular november employment report. 321,000 jobs were added last month. about 90,000 more than econom

i'm carl quintanilla, jim cramer and david faber at the new york stock exchange. 321,000, the novembernumber blowing away estimates. biggest gain in almost three years. futures did take a delayed bounce on that news. bonds take a hit. yields back above 2.3. big question is the fed now in a box. our road map begins with the markets within range of new records. dow 18,000 in the cards. the economy on pace for its strongest year of job creations since the '90s. >> retail rift. we'll see how deep the sales split goes. >> starbucks new retail concept that has many investors buzzing about the business beyond coffee. first up in november, nonfarm payrolls up 321,000. that did beat forecasts of 230,000 september and october revised higher. private sector added 314,000 jobs last month. unemployment rate holds steady at 5.8, average hourly earnings was maybe the star of the show. that's the biggest since june 2013. you heard becky, joe and andrew talking about implications for rates. >> i love the goldilocks scenario. we don't have it today. this is just a strong number. i like goldilocks becaus

jim cramer will call in, he has a list of 10 companies that he believes should head for splitsville. do the traders agree? carl icahn does with one of the picks. "halftime report" will be back after this. rtgage shouldn't be a problem, your credit is in pretty good shape. >>pretty good? i know i have a 798 fico score, thanks to the tools and help on experian.com. kaboom... well, i just have a few other questions. >>chuck, the only other question you need to ask is, "what else can you do for me?" i'll just take a water... get your credit swagger on. become a member of experian credit tracker and find out your fico score powered by experian. fico scores are used in 90% of credit decisions. wall isn't a street... return on investment isn't the only return i'm looking forward to. for some, every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. start investing with as little as fifty

"mad money" starts now. >> hey, i'm cramer. welcome to "mad money". welcome to crameric.t to entertain, but to coach and teach you so call me at 1-800-743-cnbc, or tweet me @jim cramer. the stock market is its own beast, wholly apart from the real economy. we tend to think that what's positive for regular people is also positive for stocks.

. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. i'm trying to make you some money. my job is to not just entertain you but educate and teach you so call me at 1-800-743-cnbc. or tweet me at jim cramer. anybody who has a high school diploma has taken a course in

funded in part by -- thestreet.com and action alerts plus where jim cramer and fellow portfolio manager stephanie link share their investment strategies, stock picks and market insights. you can learn more at thestreet.com/nbr. >>> shake it off. that's what investors did today after global worry sent stocks sharply lower at the open. what today's turnaround may signal for your investments and your money. >> new rules, why the federal reserve wants to make it more costly to be a big bank>>> and rust rebound. america's heartland undergoing an economic transformation, but can this region known for its manufacturing path reinvent itself? we have all that and more tonight on "nightly business report" for tuesday, december 9th. >> good evening, everybody. glad you could join us. stiff losses and then most of them erased. it started with china and then grease. that worry spread to our own markets when the opening bell rang this morning. the dow out of the blocks tumbling as much as 220 points but then shifted. all the worries basically brushed off by the close, dow was down by 51. nasdaq rose

tweet me at jim cramer.

funded in part by -- thestreet.com and action alerts plus where jim cramer and fellow portfolio manager stephanie link share their investment strategies, stock picks and market insights. you can learn more at thestreet.com/nbr. >>> stocks rock. the declines sharp and severe. the dow jones industrial average falls more than 260 points, as catering crews rattles investors. >> the fast and furious selling in the oil marketssent prices at the barrel, lowest since mid 2009. >> whether there's more selling ahead and the way to ride out the volatility. all that and more tonight on "nightly business report" for wednesday, december 10th. >> good evening, everyone. >>> we begin tonight with two big selloffs. a massive pullback in stocks which followed another sharp drop in the price of oil. after reports showing u.s. energy stockpiles grew while global energy forced strength. it was a nasty day on wall street. stocks tumbled with the selloff into the close. the dow sold 268 points and nasdaq lost 182 points, biggest one day drop in two months an s&p down 33 points with all ten sectors ending lowe