and ge i think it would be worth picking up marathon right here and eog if it goes to 110.you have a strong stomach. more "mad money" ahead don't miss my exclusive with addco to see what is ahead it is a bank, is it time to buy? i am not going to mention. talking with the ceo and all your cars rapid fire and tonight's edition of the "lightning round." stick with cramer. - i love my grandma. - anncr: as you grow older, your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. >>> how do you parson earnings report in this market. here is the stock that has been pummelled. you can understand why if you are worried about the impact of a trade war, agco is the kind o company that could be hurt let's

marathon pete, eog resources and general electric since then mayor death is up, eog has rallied, if youted for a pullback down to 110 the stock gave you that opening just three days later, you would be up nearly 10% from those levels. ge is the only one tlas currently underperforming. it was up 9% yesterday and gave back nearly all of its gains today after the ceo gave a poorly received presentation really poorly. he told us that earnings from ge's power division would remain stagnant this year but their turbine gas ghiss would remain flat. no surprise. after being asked about the dividend he gave a wishy-washy answer if you took profits on ge yesterday you had a phenomenal trade. he uses three indicators to determine when something should be boughten. look at marathon pete. i like that name this is the money three, the cmf. it measures the buying and selling pressure it tells you whether they are big buyers are accumulating or dump then there is the level of strength index that tells you how a stock has been performing compared to the s&p 500. it's relative over the past six months at

months if you look at some of the names and some of this is back to the future again and some of the eog's. i just think banks are the place that are the entrepreneppie cenl of this. what's good for banks now is not always good for banks. banks are the best combination of valuation and the most leverage to this economy >> the tactical yanny and the tactical laurel are both like energy >> the tactical yanny. >> this tactical yanny >> common ground and energy. >> very tactical i think you are running to the end of the energy run so to speak. oil will start, i do believe high oil prices, you will see them reverse and i do think they'll see the sub sector and energy space and particular and reverse going lower. >> i would be a biotech and retail >> we heard from ac and home depot. >> they were strong in may the past three weeks >> what you are hearing from the retail sector specifically tells us consumers is in good shape and has money and spend money. the sector is so beaten up that the recent run that we have seen in the space still has longer to go >> there are some natural circuit breaker

. >> they told me what my final trade was but i knew it was eog. >> put up my final trade. >> like guye i still like globe iron. it never should have been a glow. >> steve grasso. >> alibaba i've been in and out you will see it guy rate with every trade talk it's a buy, stay with it. >> let's not put up guy's final bid. >> wise guy? remember about march 20 something and in the hat club downgraded the stock guess what they just did upgraded t sckheto play the game. >> i'm upgraded the stock >> i'm melissa lee thanks for watching "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 save you some money. my job is not just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. >>> my mom always said, if you keep playing this hard, someone's going t

stan druckenmiller's duquesne solved its stakes in apache, eog resources and marathon oil keep in mind these are as of the end of the third quarter and may have changed since then. melissa? >> all right, leslie leslie picker in the newsroom with the latest on the 13-f filings that we've gotten so far. you know what stock is really moving in the after hours based on a revelation from the filing? teva pharmaceuticals warren buffett doubled his stake to $700 million. >> 115 -- i think he increased the stake by 115%, more than doubled. sal bear is the chairman and they hired a new ceo in the fall probably -- well, one of the best generic companies out there. very reasonable valuation, and a significant short interest so this is -- this is interesting that mr. buffet gets in a name like this. we talked about this before. this is one that i would follow the oracle in after. >> and the oracle has been pretty right on for the most part when we've seen some of the huge buys that he's made we know for the most part he is going to hold on to them we talked about it on the closing bell, how he bou

among frack's, names including occidental petroleum, eog resources, and pioneer natural -- natural resourceshe biggest etf. frack's allocation to mid and small caps as well as a 50% allocation to canadian companies provide unique exposure here at but also extra volatility. while frack has underperformed it is pulling ahead this year with returns of more than 10%. the fund has more than $80 million in assets and comes with an expense ratio of 54 basis points. frak gets a green light in the bloomberg intelligence light traffic system with no infractions. lovely soundtrack. scarlet: we picked about out especially. you need toup, when know for tomorrow's trading day. this is bloomberg. ♪ ♪ ended upu.s. stocks rallying into the close and finishing at their session highs. they gained its extensive 1%. coming up, don't miss this earnings season continuing with first quarter results. joe: i will be looking at economic data. existing home sales out at 10:00 a.m. their deutsche bank holds shareholder meeting tomorrow. perhaps some guidance on what the restructuring in the united states means. scarlet:

today we will get pioneer and eog. pioneer is one of the pioneers in the permian basin. of color. there is all the oil but you can't get it out or you will get a good read on what that means. david: or because a pipeline problems. alix: they're using a lot of the pipelines already. not enough capacity to move the oil and natural gas out. owns their own pipeline. the own a lot of their own services. it will be a good view as to the issues surrounding execution in the permian which have been a big key for players moving forward. david: everybody is clamoring to get more built? alix: it is not going to come in until the back half of this year or early 2019. the market prices these in advance. you want to tell me a $72 bread you will not be a little pensive to ramp up production? david: oil companies in the past have been disciplined. never over invest. alix: so much after the closing bell. --e schumacher and george joining jon ferro. this is bloomberg. >> i am jonathan ferro, 30 minutes until the start of trading, this is the countdown to the open. ♪ coming up, the federal

their lowest level in more than a week leading names to the down side, range resources, apache and eogg. shares of exxon as well down 2%, on pace for its worst today in a month. i'll send it back downtown to you guys at the stock exchange sara >> energy the worst performing group, dom thanks >>> the u.s. pulling out of its proposed summit with north korea in june. with reaction -- by the way, the stocks are reacting as well with the dow down more than 200 former ambassador to the republic of korea, thomas had you been -- thomas hubbard thank you for calling in we had seen relations sour a bit when it comes to that open rhetoric between the u.s. and north korea in recent days. >> i don't think we should be totally surprised that the meeting has been postponed but even as late as yesterday, the preparations seemed to be under way. i think there are a lot of reasons that have caused this -- this breakdown in the movement towards the meeting. but fundamentally, it was probably a bad idea in the first place, the gap between the united states and north korea is so longstanding, it's so great

do we only find out if they go against the will of everyone question -- eog there is always speculations coming under political pressure, and analysts criticize policymakers for being behind the curve. as we have seen, at the md of the day, the central bank does act and raise rates. unfortunately, investors believe that is too little and too late to put these consumer prices in check. francine: thank you so much, our bloomberg istanbul based reporter. james bevan is here with his final thoughts. when you look at fed normalization policy and the ifrging markets, communication stays as it is and it is accepted by the markets there should not be any kind of big swings. james: absolutely right. as rates tighten in the global context, i think we are not wearing nearly -- worrying nearly enough about economies borrowing extensively, have inflated house prices, so i am nervous about australia, canada, sweden, economies that have played hard and fast, and i am worried their indebtedness will come home to roost. tom: james bevan, greatly appreciate your comments. coming up in our next hour, real