in the end, this is cramerica! in short, i am going to give you the invest to cramer guide book and how i continue to learn every day to help you become better with the ultimate goal of mad money. let's start early in the back of the time machine. my love of stocks did not begin in high school or college. my love of stocks started in fourth grade. that's right, fourth grade. you see, my dad would bring home the bulletin. at that point, one of the largest newspapers in the country when he returned from work every single night. i wanted it for the comics and the sports. i was a phillies fan. if i could go back into time, the only thing i would change is i would have made it so i was a yankee fan. we were only 89 miles south of new york. i was a curious kid. curiosity has always been a blessing and a curse of mine. anyway, there was always this solid chunk of the paper that seems impenetrable. et was called the business section. it had this giant list of names. it seemed to go on forever. they were the other table, di

welcome to cramerica. i'm trying to make you money.y job not just to entertain you but to educate you, so call me at 1-800-743-cnbc. let me tell you about the rich. it turns out f. scott fits zwrerld fitzgerald was right. they are different than you and me. that's my great gatsby conclusion, the dow is recovering from yesterday, s&p climbing .37%. nasdaq.69%. frankly, fits, it's an easy conclusion to reach. because two months ago we introduced the great gatsby here on "mad money" like he would be anywhere else. guess what? it's killing the s&p, killing, i'll give you an almost double return for that venerablet index, extraordinary out performance that says a tonne about this market and perhaps where it's going. first, the backtrack. we know that for all the back and forth drag about how strong ore weak the consumer is, most people in this country, they are still hurting. >> boo! >> they struggle to buy home, they don't have the credit score to get a home. they worry about jobs. we don't have big commercial real estate programs going on

welcome to cramerica. another people want to make friends, i'm just trying to make you a little money. my job not just to entertain you, i'm going to teach you how this market works. call me. 1-800-743-cnbc. what is froth? i know you told you, beer is frothy. what does it mean to have a market frothy? must we always avoid a market that is frothy. one that has gotten too hot? maybe one that's gooth gotten too extended? maybe this is a question to ask on the reversal day. chiefly i should add because of fears that the bull market has gotten out of hand. the dow closing 42 points. nasdaq declining 0.18%. first, if you want to understand the concept of fraud, you definitely have come to the right place. over the years, i have seen and been n involved in serious fraud. in 1999, it marked the end of a short-term plateau to march 9th, 2000, when the nasdaq went from 2,689 to 5,046. though we're nowhere near that, still. think about that ramally. think about that move. compare that with this current rally that eve

in the end, this is cramerica! in short, i am going to give you the invest to cramer guide book and how i continue to learn every day to help you become better with the ultimate goal of mad money. let's start early in the back of the time machine. my love of stocks did not begin in high school or college. my love of stocks started in fourth grade. my dad would bring back the old philadelphia bulletin. the largest paper in the country. i went through the comics and sports. i was a phillies fan then. i would make it so i would be a yankees fan. we were 80 miles of new york. i was a curious kid. curiosity is a blessing and curse. not only that of a cat that is probing and jumping on hot stoves. there is a solid chunk of the paper that was impenetrable to me. the business section. they were the other tables. different from the batting average tables and box scores. when you read them from left to right, they made no sense. open, range, close. what open? what range? what closed? what were the strange things? i asked my

this is cramerica.very night i come out here and help you find high quality stocks, well, that are worth owning. many stocks that i believe will reward you by either going higher or paying you juicy dividends or often both. perhaps because of my four decades in the business, i sometimes leave way too much unsaid and take too much knowledge for granted. knowledge you need to know to be the best investor you can be. so tonight, i'm taking the timeout to impart some of that knowledge in a special show about the way stocks really work and how they inter-relate or don't with the companies they stand for and are supposed to represent. on "mad money" we analyze companies, trying to find out what makes them tick. what expectations they are supposed to beat. we don't trade these companies, we invest in these stocks. you should never forget the company and their stock aren't the same thing t. kind of thing that should go without saying. people constantly make a mistake of equating a fohne company with its stocks.

remember, in the end, this is cramerica! [ music playing ] in short, i am going to give you the invest-a-cramer guidebook the skinny on how i continue to learn every day so i can help you become better than i have ever been and will be. that is the goal of "mad money." let's start early. my love of stocks didn't begin after high school or college. my love for stocks started back in 4th grade. that's right. see, my dad would bring home the philadelphian bulletin. at that point one of the largest newspapers in the country. a great afternoon paper. that's when they returned home from work every night. i was a ridiculous phillies fan back then. if i can go back in time, i would have made it so i was a yankee fan. no one would ever fill you up with a team that has the most amount of losses in all of proernl sports history. i was curious to know. curiosity has been a blessing and a curse of mine. not that of a cat, probing, looking, jump on a couple of hot stoves. anyway, there was this solid chunk of the paper that seems impenetr

welcome to cramerica. other people want to make friends, i'm trying to make you money. making you money. sure, i know we have to take a breather eventually, things are getting too hot, we request see that. as i said over andç over again this market is raised

this is cramerica.igh quality stocks, well, that are worth owning. many stocks that i believe will reward you by either going

welcome to "mad money"ment welcome to cramerica.g to make a little money. my job is not just to entertain you, but teach, that's what i'm doing tonight. call me, 1-800-743-cnbc. there are some things i'm keeping from you. tonight i'm going to do something

welcome to cramerica. if you want to make friends, i'm trying to help you make money. ed kite you. call me at 1-800-743-cnbc. no number, no number is more important than the jobs number. to

welcome to cramerica. other people want to make friends, my job is not to entertain you.-cnbc. >>> which came first? ben bernanke or the bull market? that's what was on my mind when the markets soared on positive remarks from ben bernanke this morning. dow up 150 points only to sell off violently from-month-old negative comments released by the fed later this afternoon. the dow closing down 80 points. s&p falling .83%. no, nasdaq diving 1.11%. >> the house of pain! >> yeah, it was one confusing day as bernanke's fresh comments in front of congress, he continues to keep interest rates low. the economy is still in a nk. we are then trumped by the release of old fed minutes that questioned the need for the bond buying program. the confusion over what the fed will ultimately do granted a lot of selling.

welcome to cramerica. other people want to make friends. i'm trying to safe you a little money.ll me, 1-800-743-cnbc. i have a news flash for you. the market is allowed to go down, repeal gains faster than the gains were put on. that's okay. as we saw today with the dow slipping 139 points. get this. here's a good one. it's even allowed to go down for no apparent reason on reasons we can make up to suit the cause.

welcome to cramerica. other people want to make friends.b is not just to enteain you but to educate you so call me at 1-800-743-cnbc. the darn thing, it just doesn't want to quit. after opening down 70 points in some real weak factory data, this unsinkable market proceeded to rally right back with the dow closing up 21 points, s&p rising .25% and the nasdaq gaining an astounding 6.6%. how does it happen? right? that's what you're thinking.

welcome to "mad money" welcome to cramerica.tually, but as i've said over and over again, this market is controlled by earnings and profits and as long as the earnings from companies continue to be stronger than we expect there will not be a sustained pullback. yesterday, the averages have bounced back and then some. the dow roared to .95%, and mostly because the earnings simply remain very solid. so let me give you two quick facts and earnings growth is running at 2.4% year over year versus the expectations of 1.8% and that's a very big percentage gain and get this, 67.6% of the

welcome to cramerica. if you want to make friends, i'm just trying to save you a little money.y job is not just to entertain you, to train you. call me, 1-800-743-cnbc. on a day when the dow and s&p, once again, hit all-time highs before the market reversed, we caught our first real glimpse of froth in this month's long rally. not only we fell 23 points, s&p declined 7%. nasdaq edged down 1.2%. you know what, it's gotten me more than a tad concerned. we don't want too many more days when the speculative fervor grabs ahold of us as it did from the get-go. you see froth. froth. that's what we had today, let me say the, froth, it's best left on top of a triple capuccino from starbucks. either we're late for the party or due for a correction or a pause in the upward momentum. i like stair step, fought parabolic. i want to stress. why is the bull market such a worrisome signal? you know i preach it's a necessity. we like generals, field marshals, chiefs of staffs, guys with lots of fruit salad on fear uniforms. we have had them in spades on the market. the companies pay a competitiv

welcome to cramerica. other people want to make friends, i'm just trying to save you money. entertain you, but save you money. call me, 1-800-743-cnbc. how do you buy stocks of companies that you know

. >>> well, cramerica, it's time for your tweets. first from @clarkevans3 who writes the following, why don't more companies split the stock? you are so on point here, clark. i've got to tell you, one of the great things about some of the stocks i follow when they do split the stock, like a salesforce.com, they get a lot of liquidity. it makes it so it doesn't trade so herky-jerky. coca-cola likes to split its stock. that's good. those that get to 300-$400. they should split it. it doesn't create value but it does make it so individuals are much less scared of a stock. maybe that's enough. no value created, but very pro retail. and here's one from @tswizlewizle who writes, advice for a young person, what's the best strategy of investing small amounts at a time, quantity or value? i like to pick stocks that are below 10 for my first stock and buy five shares. that way i get to feel if pain if it goes down, i can buy more if it goes down. it's easier, only later do i get up to stocks? i know it shouldn't matter what the dollar amount i

hey, i'm cramer him welcome to "mad money"ment welcome to cramerica. i'm not here to make friends, i'm here to make you money. my job is not just to entertain. call me , 1-800-743-cnbc. we always want to give credit to fed chief ben bernanke because he's forced money, we pay homage pretty much every day, the dow gained, s&p gained, nasdaq advanced 4.9%. others say the rally happened because the world is getting better. it's not exactly clear. we get mixed data each day. maybe the next one won't be on the employment data. globally, it's totally confusing. europe's data is almost uniformly bad. europe's stockmarkets are soaring. most due out of china, it's absolutely terrible. >> the house of pain! >> then we go get good news periodically as we did last night. it's greeted with tremendous skepticism. you know what? i agree that ben bernanke keeping the trades slow great. we favor the dividends on this show. remember color objection, dr. pepper, snap him, are probably oversawed, meaning we -- they are much better deal than bonds. it's a competition. we kn

welcome to cramerica. other people want to make friends, my job is not to entertain you. i'm trying to teach. call me at 1-800-743-cnbc. >>> which came first? ben bernanke or the bull market? that's what was on my mind when the markets soared on positive remarks from ben bernanke t. dow up 150 points only to sell off violently from-month-old negative dments released by the fed later this afternoon. the dow closing down 80 points. s&p falling .83%. no, nasdaq diving 1.11%. >> the house of pain! >> yeah, it was one confusing day as bernanke's fresh comments in front of commerce. he continues to leave interest rates low the economy is still in a funk. we are then slumped by the release of old fed minutes that questioned the need for the bond buying program. the confusion over what the fed will ultimately do? grant a lot of selling. you get me wondering, wondering if the minutes were released first and the testimony given after, would we have closed up today instead of down? more important, though, the conflicting statements potentially because the stuff seems to design than

welcome to cramerica. other people want to make friends, i'm trying to help you make money. my job is not just to entertain you, but to educate you. call me at 1-800-743-cnbc. no number, no number is more important than the jobs number. today we saw how powerful this piece of data can be as the dow roared 142 points! s&p climbed 101.05. nasdaq rose 1.14% on the strength of a much better jobs creation number. you know what happens, especially after a previous month, it was quite dispirited. you catch a lot of people looking the wrong way and you saw that today as people threw money at the market. at any company that actually bends metal or manufacturers goods out of raw materials or pollutes. all week, the big industrials have been on a tear, and today we found out why. because this payroll number says, don't worry, be happy. the economy is, indeed, at last getting better. there will be more demand for all things manufacturing, minerals and mining stocks. but excuse me for being parochial. i don't want to be too parochial. everything except the food and drug stocks rally on t

welcome to cramerica. other people want to make friends, my job is to make you money. call me at 1-800-743-cnbc. before i came out here tonight i did something pretty revolutionary. i went to google earth. yeah, google maps, and checked to see if the united states was part of the japanese or chinese land mass, or perhaps merged with europe. it turns out we aren't, which is why our markets opened down horribly in homage to those bad news places and rebounded hard with the dow closing down 13 points. s&p declining .29%. nasdaq backsliding .11%. some would say that i should have gone to apple maps, which might have shown the american land mass still joined with the european continent, a la 3,100 million years ago because apple is stuck in the paleozoic era. it was the largest stock market on earth. that's why we could recover when all other nations failed. notice, i didn't say we were the strongest economy on earth. we aren't. i said we have the strongest stockmarket. those are two very different but important things that are often confused, much to your detriment. i know

welcome to "mad money," welcome to cramerica. other people want to make friends, i'm trying to save you money. my job is not just to teach but to entertain and coach you. call 1-800-743-cnbc. all right. sometimes this market, you know what it's a lot like? it's a lot like baseball. say you have a man on, if you have a big lead off the bat. you would love to take 2nd base. you take your eye off the ball, the pitcher nails you. that was what was happening today until the dow rebounded at noon. of course, we are investing in stocks. we're not playing a game. but the analogy works because the people who lost money today were the ones who thought they were safe in stocks with good yields. they're in a similar position to a runner on first who just hit a single and didn't expect the pitcher, in this case the pitcher is the bond market, to be able to whirl around and nail them. you are complacent and confident one minute. then you are plain out the next. head down, walking to the dugout, kicking yourself, furious at yourself because you

stock, is even, i am doing something rare for cramerica, i'm punting. tesla is up to you.y cold for years. tesla is the ultimate in cars and the ultimate in cold stocks. stay with kramer. >>> 200 point stock correction, just some profit taking? but irs doug schulman did see the white house and student loans drive up tuition. kudlow next up. can't work, he can focus on his recovery. he doesn't have to worry so much about his mortgage, . >>> all right. there is a lot of talk there was a gigantic rebalancing at the end of the day. all well and good, i got to tell you we are morphocussed good news is driving the market down and we are not getting enough bad news to stabilize him we had two good numbers today. be careful. this is a different kind of market. i'm jim cramer. i'll see you monday! >>> the big story tonight, a strong sell-off to end the day, the week and the month on wall street. the dow fell 209 points, don't forget the month of may was still positive making six monthly gains in a row. today looked like late session profit-taking and maybe some rebalancing. >>> the

welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job is not just to entertain you but to educate you, so call me. i got a news flash for you. the market is allowed to go down. it's allowed to repeal gains faster than those gains were put on. that's okay. as we saw today with the dow slipping 139 points, s&p 500 falling 4.3%, nasdaq declining .89%. it's been allowed to go down for no apparent reasons or for reasons we can make up to suit the cause. i got an idea. let's go over some of the reasons i could give you for the selloff with a total straight face. i'm going to give you ten totally authoritative explanations we can try out every night when everything looks dicey. we ought to call it something. let's call it the bear boilerplate special. here we go. one. the economy's weak. so we should sell stocks. two, fed policy isn't working. why don't we sell stocks? three, revenues aren't any good. maybe we should sell stocks. nour, europe's not getting any better. so you should, yeah. sell

welcome to cramerica. other people want to make friends, i'm trying to make you money. my job, i'm teaching and making you money. sure, i know we have to take a breather eventually, things are getting too hot, we request see that. as i said over andç over again this market is raised by earning, by profits. as long as the earnings are stronger than we suspect, there will not be a pullback, think about it, yesterday, one of the worst days of the year, the dow record to 121 points today t. svp subpoena flying. nasdaq leavetating .97%. mostly because the earnings simply remain solid. let me give 2000 quick facts, earnings this quarter is running at 2.4% year over year versus the expectations of 1.8%. that's a very big percentage gate. get this, 67.6% of the companies that have reported this earnings period have had positive earnings surprises. only 26 .3% have been negative. those statistic, those have been the drivers behind this exstrorldnary run. you can't take it away from that. that's true. it's happened. will it continue, though? let's see what it awaits us in the ga

welcome to cramerica. other people want to make friends, i'm just trying to save you money. my job is not just to entertain you, but save you money. call me, 1-800-743-cnbc. how do you buy stocks of companies that you know are doing poorly? how do you tell stocks at companies you know is doing great? right now, that's the battle market this market finds itself played out in all sorts of little skirmishing all over the battlefield, which you might not be able to tell looking at the averages. do you closing down 5 points doesn't mean it's gaining .19%. nasdaq advancing. i'm no genius. i have to tell you i saw this coming. when i review the charts, the ones i get hand delivered to my house while i was monitoring the incredibly stimulating ones by warren buffet and my writing pal. the juxtaposition was mind blowing. on the one hand, here's a great man, a great student brand name. warren buffet likes to buy what he can understand. he likes to take advantage of distressed situations, which, frankly, are no longer distressed when he buys into them. like bank of america preferred wo

welcome to cramerica. my job is not just to entertain you, call me, 1-800-743-cnbc. it's always darkest before the dawn, a fact of life. and if you want to know why this stockmarket has been able to pull out some pretty fabulous gains, including today, where the dow awarded 131 points, the s&p climbed 4.9% and the nasdaq rocketed .126%. the reason is simple. it is donning in europe. i typically don't like to talk about europe, typically at the top of the show, candidly, i prefer talking about america. [ music playing ] i like talking about great companies, great business people. i let other dos that, because my nature is to be an optimist. i'm critical. ooimt i'm skeptical. just today while teaching a finance class at madison high school down the road from my house in summit, new jersey new jersey, somebody asked me if the next 50 years will be as good as the last 50. i didn't think about it. i said, "of course." just so you know, i am not on the call for negativity. but with europe, well, let's just say i have reluctantly had to focus on it because there has been su

welcome to cramerica. my job is not just to entertain you, call me, 1-800-743-cnbc.e dawn, a fact of life. and if you want to know why this stocar

welcome to cramerica. other people want to make friends, just trying to make you money. entertain you, but to coach you and educate you so call me at 1-800-743-cnbc. where is the supply? where is the stock that's for sale? at what levels? believe it or not, that is what everyone in the big

welcome to cramerica., i'm just trying to make you a little money. my job not just to entertain you, i'm going to teach you how this market works. call me. 1-800-743-cnbc. what is froth? i know you told you, beer is

welcome to "mad money" welcome to cramerica. i'm teaching and educating so call will me at 800 help 743-cnbc. sure, i know we have to take a breather eventually, but as i've said over and over again, this market is controlled by earnings and profits and as long as the earnings from companies continue to be stronger than we expect there will not be a sustained pullback. yesterday, the averages have bounced back and then some. the dow roared to .95%, and mostly because the earnings simply remain very solid. so let me give you two quick facts and earnings growth is running at 2.4% year over year versus the expectations of 1.8% and that's a very big percentage gain and get this, 67.6% of the companies that have reported so far this earnings period have been positive earnings surprises and as much as the recent improvement in hiring and those have been behind this extraordinary run. that's true. it's happened. will it continue though? let's see what awaits us in the game plan for next week. kicking things off, we hear from campbell's

welcome to cramerica. other people want to make friends, my job is not to entertain you.on my mind when the m

welcome to cramerica. other people want to make friends, just trying to make you a little money. my job is not just to entertain but to coach you and teach you. call me at 1-800-743-cnbc. you saw tale of two cities today. a day where it was the best of times for google. the stock roaring $29 and it was the worst of times for apple, with the stock plunging $19 to $429. and while the dow climbed, the s&p gained one, and it has nack day edged up 0.26%, the fortune of these two cities capture the imagination of everyone who focused on the stock market today. i know, i know what you want. you want answers about this dwern divergence. you came to the right place. first, this tale is not a new one in 2013. google is up 29% for the year. apple is down 19%. so we shouldn't just say, hey, wow, what happened there today? this spread has gotten wider and wider as the year's gone on. second, we know that google is red hot. barely a day goes by where we don't have some analyst yapping making a bold call about where google's headed. thank heavens he didn't join the crowd predicting that google

welcome to cramerica. my job is not just to entertain but to coach you and teach you. call me at 1-800-743-cnbc. you saw the timor of two cities today. it was the best of times for google. the stock was the worgslet worst of times for apple. the stock plunging. the dow climbed, s&p gained one and the nasdaq edged up .26%. the portions of these two cities cap cured if imagination of everyone who focused on the stockmarket. i know, you want answers about this divergence. you ka imto the right place. first, the tale is not a good one. apple is down 19%. so we shouldn't just say, wow, what happened there today? this spread has gotten wider and wider. second, we know google is red hot. hardly a day goes by where we don't hear an analyst yapping about why gool google is heading. thank heavens they didn't predict google is going to $is,000. almost every time we get a one price thingy, we have a quick sell-off. it's like a thousand dollars, oh, sem, sell, sem, at the same time, wall street has been worried about apple. the stock bottomed on all that bad news, perhaps by a dece

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 and teach so call me 1-800-743-cnbc. big themes. big themes work for any occasion. i usually reserve talking about them for when the market is down! and down hard! but today they were the dow award 124 points, s&p going to a new high, and s&p a 12-year high. big themes work just fine, too, especially when you find new ways to play. even on this, the 18 straight up tuesday. then again, who is counting? remember, there are five big these ease i've spelled out time and again on "mad money" this year. five ideas in this market's sweet spot that have gotten us this far. can even be used for the sell in may towel-throwers. i mentioned the latter, because not only did they jettison stocks they shouldn't have but many took the opportunity to sell, sell, sell to extremes and actually shorted stocks. so we include some of this halfway shorted ideas in the rundown, not to rub it in the noses of the sho

welcome to cramerica. other people want to make friends.tle money. my job is not just to entertain you but to educate you, so call me. i got a news flash for you. the market is allowed to go down. it's allowed to repeal gains faster than those gains were put on. that's okay. as we saw today with the dow

welcome to cramerica. other people want to make friends, just trying to make you money. my job is not just to entertain you, but to coach you and educate you so call me at 1-800-743-cnbc. where is the supply? where is the stock that's for sale? at what levels? believe it or not, that is what everyone in the big institutions is asking about all over wall street. and it's the reason why the market keeps going higher. like today. with the dow roared 87 points, s&p gained .52%. and the nasdaq advanced .11. it's why we keep hitting new highs. it's why we officially entered bull market territory up 20% from the lows today. so tonight i'm going to explain the mechanics behind this move. unveil the curtain in order to help you understand why we keep getting so many days where the market goes higher and not many days where we get hammered. even as this is may, and weren't we supposed to -- sell, sell, sell. and go away? first, the stock market isn't all that mysterious, if you think of it just like any other mart. there are individual items, we call them stocks. that are for sale

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, but i'm trying to teach and coach. so call me at 1-800-743-cnbc. every time you think you have seen it all, every time that we're -- we thought, there can't be anymore scandals as bad as the last one or anymore chicanery that can top the most recent travesty, wall street comes up with a new twist. if you're not protected, make you feel like it's just not worth it to be involved in our beloved stock market. i can't tell you how many days i come out with bad ipos or insider trading or flash crashes and say how can people take this anymore! the abuse! the answer, frankly, there's really no other choice. you simply can't make enough money in any other asset class. particularly bonds, where the rates are so, so low, to be able to retire. or take that trip you want. pay for tuition, bonds can't pay that tuition. you've got to own stocks. you know what you need, though. you need a survival handbook. and that's what

welcome to cramerica. other people want to make friends, just trying to make you a little money. my job is not just to entertain you but educate you so call me on 1-800-cnbc. way too many people are relying on fed governors, labor numbers and months-old surveys to make their investment decisions. i get that. they allow the media to say the dow climbed 52 points, s&p gained, nasdaq advanced .16% because of some piece of highly publicized data that rarely has anything to do with the action. it satisfies everybody, except of course for the viewers and readers who have no idea how there is a linkage or why that matters, although this was the 19th straight tuesday that the market was up. me? cramer? cramer don't play that game. i don't sit here and fret about the fed's next move. oh, man. or the big picture indicators everyone else is talking about. why? because i rely on cold, hard cash and the businesses that generate it. money talks, fed governors and stats walk. that's my philosophy. and whose money am i talking about? how about all the money home depot made when reporting its inc

welcome to cramerica. other people want to make friends. 1-800-743-cnbc. big themes. big themes work for any occasion. i usually reserve talking about them for when the market is down! and down hard!