slowdown here in this area not exactly your dictionary definition of a victory thank you very much dan carter there on wall street for us. now a tense relations between the world's 2 biggest economies go beyond a trade war washington has also consistently blamed china for sending huge supplies of the extremely potent opioid fentanyl to the united states causing thousands of deaths beijing says that's baseless paramedics in western pennsylvania are checking they have enough medicine available during the shift for people who've overdosed on fenton ill the synthetic drug is 50 times stronger than heroin and kills thousands of americans every year. u.s. authorities have long accused of being the main source of the drug but the narcotics control commission in beijing says it's investigated chemical industrial parks and close down internet sites selling fenton online and concluded. the. president trump said in his tweet. from china is completely groundless and untrue. 2 weeks ago president tweeted that he's ordering logistics companies to search for and refuse all deliveries of fentanyl from china

. >> dan >> yeah, so, you know, carter was on the show on friday, talking about this range we've been in the s&p 500 since that first gap down august 1st on those announcements of new tariffs and we have just been banging around in what feels like a 75-point range in the s&p 500. i think the thing that you want to watch is yields obviously september 18th is going to be a huge focus with what the fed does, whether they cut 25 basis points or 50 basis points, either way i think the market is either disappointed or they're freaked out and so to me, you know, i think that that 200-day moving average in the s&p 500 down at 2800 that's a really big level if we go there first i think you want to keep a really close eye and then rates, ten year treasury yield trading where it did today, a news cycle low, 1.had a or something like that, keep an eye on that, if that goes precipitously lower i think the s&p 500 falls. >> that's almost like a no win situation for stocks. >> i think it is. >> whether the fed cuts from 25 or 50. >> what a surprise from dan. >> there are a lot of bulls out there who

dan, how do you play this? >> it's interesting. you know, carterof the problems in the s&p i don't see this one as a problem. it did underperform the s&p week over week, only up about 1.25%, something like that, a little blow the s&p, but, again, it's still in the range it think it only looks poised to break out and holds in there it shows relative strengths on down days, one of the things i like about it. the trade that costs 2.65 or 2.70 worth about 3:10 on a 2 dollar move higher, i like it. you are playing this thing to get into it on the higher so i think you stick with it. >> what do you think >> better than its software peers though not exciting itself fallow comes to mind again too. >> again, wow. >> i have to look up that word i don't know what it means. >> it means dormant. >> it means sleeping, door management, from dormier >> all of those things. >> mike, how do you feel about microsoft? >> i mean, i like microsoft, and i like actually this is the way you want to make your bullish bets here. dan was talking about it earlier. when the mar

what we have here something that is basically a fair price. >> mike, what do you think of dan's trade given what carter said about the chart >> well, i mean i think there's reasons to use options here. let's just consider if we are bumping up against some form of resistance getting back to the prior highs and there's some risk that it fails, obviously owning calls is a better case. of course, if it rallies through, the fact that options aren't overly expensive given how much the stock is moving around make it a decent way to make a bullish bet if you look at the price of options and look at how the stock hasper formed a performedo the market, it makes a lot of sense. you know, these are the kind of trades you look to manage. if the stock breaks through the level by a significant amount, you can look to roll it into a call spread or roll up and out to a higher strike or simply take profits i think that's how you would want to manage this trade if you see that. >> yes shall and, and i want toe last word on this one. the high, july 31st came after earnings investors were psyched about it. it was trading a

what we got here something that is basic am lay fair price. >> mike what do you think of dan's trade, gip what carter said about the charts? >> well, i think there is reasons to use options here. let's just consider if we are bumping up against some form of resistance, getting being to those prior highs, there is some risk that fails, obviously, o owning calls is a case make that a decent way to make a bullish bet. so i think basically when you take a look at the price of option and how the price has performed and where we are relative to the mark this trade makes a lot of sense the other thing, dan said this many times, i support that these are the kind of trades you looking to manage. if the stock does break through that level by some significant amount you roll this into a call spread or up and out ar simply take profits. that's how you'd want to manage this trade if you see that. >> i want to be the last word, that high, investors were psyched about it it was trading 220 the next day there is a tweet, the stock went from 220 to 93. you sa that you uptrerngsd that's 190, 193, why do you want to ri

dan. >> my quick comment on dijz. the gap you said to see it hold that amazon i think the i agree with carter ominous.t does it for "options action." see you neck friday at 5:30 p.m. eastern anywhere "mad money" starts right now >>> my mission is simple -- to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you 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 isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc. or tweet me @jimcramer. every day we keep having the same debate about the health of the economy and it makes you feel like we're balanced, we're ba o

. >> neil: i can remember back to the days of dan aykroyd and everyone else. the carter years.tings gold. >> it always was. i did ronald reagan and you know that story. it was fun. we always did it fun. this is good because they did elizabeth warren. when i see elizabeth warren run, she runs like a female jerry lewis. am i right? lady, lady! >> neil: she does not run like a female jerry. >> vote for me! >> neil: is the fcc watching right now? >> kenan thompson did in and inside the beltway and i kept going after the president and kenan thompson said it's not going to happen, man. that was very funny, i thought. >> neil: they can offend a lot of people. those on the right say they take disproportionate bashing. the president doesn't think they're funny. >> well. >> neil: you did it with reagan. they ever get back and say -- >> frank sinatra said get that italian kid down there. i believe frank sinatra called the reagan's and said get him down there. once i met ronald reagan, change my whole political outlook. >> neil: he didn't seem to mind. >> no. nancy did. she did. hello, joe

. >> carter werth finds a way to catch up on the home builder stocks. >> chant as much as you want the dan nathan warns the semis aren't coming back. >> costco run, huh. >> yes and mike khouw says it's over he scripts out the next plot twist. it's time to risk less and make more "options action" starts right now. >> let's get right to it it's been a sturdy here with the xhp etf tracking the group outperforming the broad are markets. look at some of the names leading the space. dr horton. la nar all surging double digits and less than 5% from fresh 52-woke highs. the chart master says one name is building up for an even big are break out. carter head over to the plasma and break it down. >> sure looking at whirlpool not a home builder but related nonetheless. and whirlpool mab a laggard i think that's the opportunity here the five-yearchart. two lines you can see the divergence le nar, poulty and other names orange whirlpool basically what you are talking about is no progress for the better part of five years. literally -- not no progress -- bad versus this. now watch. here is the chart. ho

dan has one really cheap way to play it. he'll lay out his trade. >>> then -- >> i'd like a room, please >> why do mike and carter say it's time to check out of this major hotel stock? they'll explain. >>> and later -- >> we're raising the roof on the home improvement trade that's simply nailing it it's time to risk less and make more "options action" starts right now. >>> let's get right to it. with august coming to a close, it's going to soon be time to put away the sunblock, break out the sweaters the weather could put a chill on travel stocks. they've had a hot run so far this year, but the chart master says he is starting to have reservations carter worth is over at the plasma to break it down. take it away. >> it is more about the consumer, right? is the consumer in good shape or isn't it there's so many ways to make the case either way. but i thought we would focus on something we haven't done in a while which is hotels, resorts and cruises. this is actually an s&p 500 industry group, and these are the five names, and everybody knows those names, right big hotels, and then the three cruise liners. now, let's look at som

carter? >> fade this pop in yields tlt. it's your vehicle. >> danll calendars set up into earnings selling october, buying november >> that was the google call. thank you, sir thank you for watching "options action." catch us back here next friday don't go anywhere because you know what comes next it would be "mad money" which starts right now the following program is a paid commercial presentation for total gym fitness. [music] everybody work out. feel the energy. build a better body. the best you can be. another body easy as 123. oh. ahh. better body as easy as 123 with total gym. fe

carter, you got one. >> this pop in yields, tlt it's your vehicle. >> dan. >> google i think call can set up into earningstober, buy november. upside calls. >> "options action" catch us back here next friday, 5:30 don't go anywhere because you know what comes next, "mad money," which starts right now - [narrator] the following program is a paid advertisement for the nuwave bravo xl sponsored by nuwave, live well for less. is all the clutter in your kitchen starting to look like an old junkyard? sick of spending hours cooking, only to serve mediocre meals lacking in flavor? wish your family would spend less time whining and more time dining? well, now they can! with the new bravo xl, the world's first digital smart oven with flavor infusion technology. it's a breakthrough in culinary creations! coming up next, you'll see how bravo's compact design cooks large family meals in record time! how, with just a touch it can bake, roast, grill,

carter, you got one. >> this pop and yield is, tlt. it's your vehicle. >> dani think call cardium set up into earnings nicely selling october, buy november. upside calls. >> "options action" catch us back here next friday, 5:30 don't go anywhere because you know . >>> 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 cramer i'm just trying to make some money because my job is to educate and teach. call me at 1-800-743-cnbc or tweet me @jim cramer what kind of self-decembstructi maniacs

. >> carter werth finds a way to catch up on the home builder stocks. >> chant as much as you want the dane semis aren't coming back. >> costco run, huh. >> yes and mike khouw says it's over he scripts out the next plot twist. it's time to risk less and make more "options action"

or at least a chartist there is carter werth checks the vitals of health care by putting bristol myers unthe microscope then microsoft, apple, google and now amazon dans his maga market quad effect aire. find out how to play the final name for the win plus, we're going to keep running with the

carter? >> bullish on industrials. i would say rethink that xli to the down side. >> dan nathan. >> these apple product events oftentimes sell the news if you want to be constructive into the fall and buy calls, do it after the event. >> that esdo it fo >>> my mission is simple, to headac make you money i'm here to level the playing field for all investors. there is 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 trying to make you money. my job is to entertain, teach and put it in context. so-call me at 1800-743-cnbc or tweet me @jimcramer. can i get please, can i get one of these today the labor department released not so hot employment numbers and while that's not exactly what we wanted, it's what we need that's why stocks were able to rally on that news, the dow gaining 69 points higher most of the day and s&p climbing .09% and the nasdaq is tech heavy and does well when the economy is really slow dips 1.7%. why the heck are rerootiwe rootr weak data? it's about the macro i've

dan. >> my quick comment on dijz. the gap you said to see it hold that amazon i think the i agree with carter ominous. put spreads in november. >> that does it for "options action." see you neck friday at 5:30 p.m. eastern anywhere "mad money" starts right now >>> my mission is simple -- to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you 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 isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc. or tweet me @jimcramer. every day we keep having the same debate about the health of the economy and it makes you feel like we're balanced, we're balanced on the edge of a knife. but after a session with the dow dropping 160 points -- >> sell, sell, sell. >> the super bowl backslid 0.49%. and the nasdaq lost 0.80%. really that was a day. you need to understand the economy doesn't work like that it is not like we're teethinger bet

carter and i see brad wenstrup. thank you very much for being here, fellows. thank you very much. i see a senator that's so supportive of our military and this administration, senator danu, dan. of alaska. done a great job. as we prepare to welcome a new chairman we must first pay tribute to one of america's most admired and beloved military leaders, outgoing chairman joseph dunford. here today with his wife ellen. he hails from just outside boston. his father was a tough marine who landed in korea and fought at the reservoir. joe knew which branch he was destined to join. he didn't have much of a decision to make i think. what do you think about that? not a big decision? no. in 1977 he was commissioned into the u.s. marine corps. in 2003 joe commanded some of the first american troops in operation iraqi freedom and very, very successfully commanded them. for his exceptional bravery he received the legion of merit with combat valor. as a general joe was promoted so quickly that he was nominated for his third star before he had formally received his second. how do you do that? how do you do that, joe? in 2013 he was named international security assistance force commande