larry williams perfectly called the bottom the week before last. announced suggests we've got a lot more room to run he thinks it's not just a short-term bounce. it's a move that could last through the end of august. and given larry's track record i'd much rather bet with him than bet against him bob in massachusetts bob? >> hey, jim. boo-ya means gratitude so i want to give you an infinite boo-ya since the pandemic started i was a little were aid about my company so i wept into netflix options which made a loss to me, and i moved it out at the right time and i'm heavily into nucor. you think they're going to make some kind of come back in the next few months? >> i think right now it is hostage to the fed i think it's doing incredibly well a lot of analysts keep downgrading the group because they're simply worried this is a group that has a big slow down into any mandated recession. i can't disagree with that sometimes you have to take some pain to get a big game let's go to kyle in california kyle >> boo-ya, jimmy >> boo-ya, kyle. >> i hope your m

anything positive at this moment, but i said the same thing in april of 2020 and that is when larry williamst bottom calls again when we look at people who are historians and know the technicals and statisticians and he said this is it, i wouldn't bet against him. i trust his redictions more than i despite this market. and i say that as someone who really does hate the tape. stay with cramer >>> chill out. >> the chill man is in the house. >> "the lightning round" is coming up when "mad money" returns. another crazy day? of course—you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want —your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company. bring on today with comcast business. powering possibilities.™ (mom allen) verizon just gave us all a brand new iphone 13. (dad allen) we've been customers for years. (dad brown) i thought ne

i've got to tell you, i'm with larry williams here.k you're giving an opportunity here >> i saw with sara >> you are so much money let's get to bob pisani. >> it was a really poor open staples are down, microsoft was up earlier, most of the big industrials are down, now, take a look at the biggest decliners. it doesn't look like they have the -- but these are all stocks with great moves last week the airlines had good moves up, the home builders had good moves up after a terrible month. it was a big outperformer last week so it's two steps photographs. i'm looking at the may 20th bottom there's a few notable winners here energy did, too. bank, remember the s&p was up about 6.5% healthcare or defensive sectors. underperform, in terms everywhere we are right now. the china, the reopening china is taking steps to stimulate the economy. russia, ukraine, still -- and it's too soon to call people inflation. tenth we have a sense that make maybe it's stopped i've been they said the problem that thus far it's all sizzle, no stays. only stronge

things got a little too crazed i do feel yesterday -- this week, i'm doing work with the great larry williams, a great market technician, the advanced decline is up while the averages are down, historically what could be the beginning of what could be a very powerful move. i think that's not talked about enough on air, that the market underneath, the underpinnings of the market was positive. >> you're talking about a powerful bear market rally >> yes, powerful bear market rally. >> which you would be looking to sell >> yes, i would. market has 75-day cycles i know this stuff sounds -- david, you might think it's fans fanciful >> how should we be taking these bear market rallies? there's a belief that until you know what the fed is going to do, you can't see the end here we seem to be accustomed to whatever turbulence in the market resolves itself in a short amount of time that's not happening this time >> jay powell has to be get off this 50 thing. 50 is a fantastic tuscan wine. i'll get you a bottle. >> i appreciate it >> you have to reposition. you have to go to lockheed martin one of the t

williams said what's your favorite band? i said reo speedwagon. he said, that's so lame. for the rest of my life i feel embarrassed answering any pop culture question. >> that's larry the cable>> and you won't. >> mine is rainbow by casey musgrave. >> that's good. >> adorable. >> it's a disc track. >> i enjoyed everybody's company. thank you for being here on memorial day. that is it for us. we will see you back here tomorrow. have a great night. ♪ might be a little dust on the bottle but don't let it fool you about what's inside ♪ >> mike: good evening. welcome to washington. i'm mike emanuel. breaking tonight, it is a particularly solemn memorial day following last week's massacre at a texas elementary school. president biden is continuing to push for new gun control asserting the 2nd amendment is not absolute but denying he has the authority to take unilateral action. the president's also marking this holiday during a time of war involving one of the world's most dangerous adversaries. white house correspondent jackie heinrich begins our coverage tonight. >> reporter: good evening, mike. today president biden indicated

william jennings bryan, we can go through that another time. host: we have time for one or two more calls. john is in florida. you are on with larry kudlow. john, you with us? let's try john in connecticut. caller: this is john from connecticut. i want to know if you think that john kennedy, senator from louisiana, would be a good presidential candidate in 2024. host: thank you, we are going to leave it there, we are running short on time. guest: john kennedy is a very smart man. i will leave it there. host: is he somebody you know? when you are in the white house, how often did you talk with senators? constantly? guest: tons. i had a lot of dealings with senator kennedy. i introduced him -- he spoke here at the state party fundraiser, he was on a tv show recently, he is a very smart guy. host: frank, florida. you are on the air. caller: that is kirk in washington. host: i apologize. caller: you asked a wonderful question of mr. kudlow and i happen to enjoy watching mr. kudlow. i somewhat agree with some of his positions, but some of them i do not. one of them -- i think the caller had mentioned about spending of the trump administration.

william jennings bryan, we can go through that another time. host: we have time for one or two more calls. john is in florida. you are on with larry kudlow. john, you with us? let's try john in connecticut. caller: this is john from connecticut. i want to know if you think that john kennedy, senator from louisiana, would be a good presidential candidate in 2024. host: thank you, we are going to leave it there, we are running short on time. guest: john kennedy is a very smart man. i will leave it there. host: is he somebody you know? when you are in the white house, how often did you talk with senators? constantly? guest: tons. i had a lot of dealings with senator kennedy. i introduced him -- he spoke here at the state party fundraiser, he was on a tv show recently, he is a very smart guy. host: frank, florida. you are on the air. caller: that is kirk in washington. host: i apologize. caller: you asked a wonderful question of mr. kudlow and i happen to enjoy watching mr. kudlow. i somewhat agree with some of his positions, but some of them i do not. one of them -- i think the caller had mentioned about spending of the trump administration.