of dow chemical the maker of the past aside here with the president applauded the decision the company saying it is confident in the health and safety of its product . these companies are criminal enterprises and the only way they can get away with what they're doing is by corrupting our political process. in addition to the importance of protecting our communities that live in these environments every day it's hypocritical turns can bring apples or any kind of fruit or any food from the mainland because of agriculture restrictions yet chemical corporations can experiment with genetically modified crops with pesticides that are bad throughout europe when you're looking at how we market our environment to millions and millions of people around the world they have no idea that when they come here they may actually be being exposed to pesticides that are known to be toxic so why are we protecting a $200000000.00 a year industry for of experimental agriculture instead of a $15000000000.00 tourism industry i would say 40 close to 45 percent of our economic engine is centered around the tour

dow chemical i'm wondering what's going on. did they overprice it when they -- >> look, one thing, the numbers are always perpetually too high with dow chemical and it's got linkage to oil that's not so great. jim is doing a good job there but that's a tough road to hoe, dow chemical powell is not taking the bait. call it predictable if you want, boring even but that's what he wants it to be on id"mad," why competition is everything the latest addition to its lineup can it sow seeds for profit? real pulse on the overall health of the tech market there are a few companies that are as good as tech data to do it so i'm talking to the ceo i want to you stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question, tweet cramer, #madtweets send jim an mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something, head to madmoney.cnbc.com. it was sophie's big day. by the way, she's the next mozart. as usual we were behind schedule. but sophie's enthusiasm cannot be d

the overall dow chemical entity should be helped by the rise in oil prices and the balances posted this weekend. >> we are going to leave it there. thank you for giving us time to chat we've seen big moves in the chemical space, oil space. let's talk about effects as well and take a look at how some of those fair at the moment on the margin, we are seeing the trade firmer the dollar is trading on the back versus the euro sterling, we are also seeing come off here. the dollar is trading firmer a bit of a mixed bag for euro and sterling we did see a flight to quality bid yesterday. some of that is unwound. some of that strength is coming off a little bit stronger versus the swiss bank as equities attempt to trade with a risk on tone >> i want to bring in david pierce great to have you with us. we've talked a lot about the impact on commodities right now. what do you think about the move are there any currencies you are looking at in particular >> this is a broad topic right now. it is not only the commodity currencies that are composed the canadian dollar and norway but it is really impac

the old dow chemical was not that leavered. the new dow chemical is oil. thank you.hat stock was actually down at one point. they're so levered to oil, the stock's going to be up so down and out. >> dow has been -- >> oh, dow -- jim fitterly doing a great job. don't forget they vote with their sustainable. >> you can join all the sustainable plastics associations it's not going to help in terms of the forward-facing part of the company. i don't know how you deal with it. >> how many continents are there in the world >> seven >> no. eight. there's that plastic continent. >> go with seven. >> that one is big it's a nice continent. you can't live there yet. >> the great pacific garbage patch is what you're referring to. >> some of it is 30, 40 years old. they have old mr. clean bottles in there. >> they do >> at some point plastic in the ocean will weigh more than fish. >> that's scary. >> they'll buy it down today and the millennials will shoot it down they will. >> maybe they'll buy iphones >> the widely watched watcher of am, rosenblatt threw some cold water on on fr

ceo of dow chemical. >> yes. >> they are trying also to deal with the waste problem. >> you talked aboutith peltz and taylor yesterday take a listen to this from delivering alpha. >> i can't open them and i want to know, why do you need so much plastic i brought this guy -- i hate this thing, this dollar shave club i can open the door. and i want to know why do i -- look at this church and dwight. why? it is paper, since 1907. why do i have to go through all this plastic i am in the end needing of this. can we please eliminate some of the plastic? >> i would agree >> jihad on that too. >> a little -- by the way, curb your enthusiasm they did that too. there is too much. and as you -- when you try to open something, a lot of it, one thing they set off line is interesting. some of these drugstores like that, they want to make it so you can't -- a lot of it is in reaction to the drugstores >> get at those things and -- >> they have to come together. but the fact is that if procter & gamble demands there be more recycling, they have the power, they're very powerful. >> it is interesting, you

talking about 5g it's going to be a savior for tech companies it will be a savior for dow chemical 5got of companies, not just american tower, doing, as a reason why you should own their stocks what do you think? >> it's possible, but we're a ways away from the industrial revolution, that you're talking about, in terms of how things can be further automated with artificial intelligence, as well everything have a chip in it the lack of latencies, so you can connect to the edge of the network. that's where the computing power will be. will amazon move aws, there,as where it currently is. there's going to be the potential for great efficiencies i want to talk to vestberg, and mollenkopf and rometty, when that will be here because that's uncertain. >> this is huawei in china they're way ahead of us. and a lot of people, including the president of the united states, we may have to have sprint merge with t-mobile, to stay in the race john ledger is not there but it's the elephant in the room we need that deal to close david, is that deal going to close? i keep reading things about how there

are going to make sales they can do that now as you notice, this has not been a good stock in dow chemical been bad they shrunk and it didn't grow divided a bunch of companies >> the idea was to grow. it took forever it seemed to break into three companies it all happened and no value created. >> none. ed green is with this one. he was wearing a jaworski throw back jersey, good guy, he went to counsel rocil rock in the end, these are cyclical companies. dow cyclical you need a magician to make things work. ed green say magician. i believe the city piece will be right. >> more asset sales? >> they have a nutrition business they can break up my travel trust owns it. it has been a bad performer. >> i would say it has, yeah. >> i don't need you to double down on me >> i'm telling you -- >> are you giving me the business going down there this is a piece that says that don't give up hope and i think that it is reas reasonable because the stock is not expensive n this environment, where they don't like the z-scalers, i know z-scalers, personal favorite of yours and okta, someone called it opta, n

h sprks is in there, dow chemical is in there and a lot of smaller companies so i would imagine it'san outgrowth of the value underperformance, too. >> mike, great stuff thanks very much stocks are trading lower, down 10 points on the dow we've got 20 minutes left to trade. let's bring in tom lee, cofounder of managing partner at fund track global advisers tom, good to see you, as always. >> great to see you guys the market rallied up a bit, pulled back again. this kind of plateauing is actually a great buying opportunity? >> yes i think the market has been stuck. you know, volatility has been shrinking and i think there's a general belief that because we're late cycle, and there are a lot of scary things out there, that this is going to lead to a break on the downside. and what we found is that if you look at the last 70 years, wherever the market has been flat for 20 months and 12 months, but really hovering near all-time highs, three times it resulted in an upside breakout for equities >> what's the why this time? >> well, i think that it's going to have to start with the belief t

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