. >> steven grasso lennar take a rest from the escalating stock price up is a% in a week lennar. >> karen yes, kors shot themselves in the foot and the regular and me as well. but it's over done wait a day or two buy kors >> steve wanted one in red but they didn't have it. i like the alibaba and 10 cent. >> new acronym. >> steve has one in red by the way. >> "mad money" with jim cramer >>> 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. >>> a house divide

. >> i know this is taking a long time to work lennar i'm still long it will work one do you are dayuse together. >> steve told you twitter is the adult in the room. bk agrees youbuy that. >> dan nathan. apple. tim said 85185 it's 193 we have a way to play to the upside. >> that's where it bounced >> that's right. tim safe safe travels back that does it for fast. see you back here monday at 5:00 do not move. "options action" starts right after this break ♪ whoa! (phone rings) daddy, mommy's on the phone! hi! how are you guys? at&t proudly offers wireless and tv discounts to military, veterans, first responders and their families. visit att.com/hero. ♪ watch out, by, she will chew you pup. >> here she comes. ♪ ♪ she is a man eater. >> here she comes. >> watch out boy she'll chew up. ♪ but you can't. at cognizant, we're helping today's leading media companies create more immersive ways to experience entertainment with new digital systems and technologies. get ready, because we're helping leading companies lead with digital. >>> hey there, live from the nasdaq on this expiration friday

. >> i went to a couple of proms lennar. >> next week potential dovish fed maybe a trade deal dollar might be lower. buy gold. >> sim teerm. >> i'll be delivering the corsage. in the boeing jet. they are not affected by trade go with that. >> fun friday show. >> it was. spify show moves like this feels like a half hour. >> what would you do with the show >> trade it. >> all all on fast "options action" starts right after this >>> ready? ♪ at this moment ♪ ♪ you bring everything i need ♪ iome ♪ con my knees. iome ♪ con my knees. it's the perfect holiday upgrade. i know what i'm asking santa for this year. you still write letters to santa? no. please. i send him emails. can email address? oh... i don't feel comfortable sharing it. get the iphone 10 s and our unlimited plan with your choice of the best in tv, movies, or music. more for your thing. that's our thing. welcome to emirates mr. jones. just sit back, relax and let us entertain you... ...with over 3,500 channels of entertainment, including the latest movies and box sets from around the world. ( ♪ ) we even have live sports and

then lennar. lost 42% and nvidia 48%.n the selloff, possible selloff, could see some buying interest, could be in some of these names. 40% plus that have fallen 20% or more following recent highs. >> thank you big numbers there on that wall all five faang names in a bear market down 20% from recent 52-week high is this a buying opportunity in tech or is this just the beginning? here to discuss. bruce vitles bruce, do you think there's more pain for faang and big tech names to come? >> there's no sign of a bottom yet. typically you see panic, capitulation that said, past two days had steep down openings. that's a sign of capitulation on the short term i wouldn't be surprised if we caught a rally in here longer term prospects, we need to see the market settle down. need to see improvement, and i would like to see down side momentum that's been so strong for the entire period broken that would require one day or two days when up side volume exceeds down side volume by 10 to 1 or more haven't seen one of those days the entire

that sector is on pace for its fourth positive day led by chez peek and homebuilders kb homes and lennar9% in one week. >>> i'm tyler mathisen welcome, everybody we begin this hour with the two events that can move your money and the markets this week. first, the mid-term elections. first polls open at 5:00 a.m. eastern and most voted in early voting and a lot riding on the results. we'll take a look at what wall street expects second. on thursday the latest rate decision from the federal reserve and break down their number one concern and the key things investors need to watch in light of what the fed is considering. here to break it all down, dom, you first. >> as we talk about your money and your vote, here are some of the comments being made right now by strategists up and down wall street about what the events could lead to in terms of market reaction and the election a handful of them. we can't hit all of them for obvious reasons, not enough time but blackrock's outlook. the best-case scenario for just about everybody out there is, again, democratic control of house and a gop contr

other home builders taking a hit with names like toll brothers, lennar today's moves come amid a toughr housing related stocks which is under pressure as mortgage rates and material costs rise pushing home prices higher and weakening sales back to you guys. >> eric. thank you. eric chemi. >>> real estate's power players meeting in new york. diana olick is there live for more hi, diana. >> hi. we're at nyu's capital markets and real estate comments the title of the panel inside is the outlook for new york city which has changed pretty dramatically in the last few days with news of amazon's hq2 moving into new york city. the chairman and ceo has a major new office project going up in brooklyn's navy yard he says amazon will change the landscape for development throughout the entire metropolitan area. >> it's an incredibly positive message, not just for long island city and queens but for the entire city and it sort of ratifies the fact that new york is a technology hub. you have obviously amazon, google's expanding, facebook's expanding. all of these other companies are coming here. they

to home construction firms, lennar and -- at campbell soup in the green up 5%. signs of improving sales. shifting back to the losers, what's going on? we have roth stores they did site higher cost, higher freight costs going forward. we have target up there on the board, that's down 15%. partly due to guidance. apple brand owns victoria's secret, their share price also down. the retail sector as a whole has seen significant loss because of guidance going into 2019. let's turn to the nasdaq winners. the monster beverage. twenty-first century fox in the red when swiss swiss national bank sold some shares but now in the green. nobody we know for them, excess inventory njd.com missed their top line. apple we been talking about, we are seeing signs for slower iphone demand. >> if santa costs our best. tell him bert says hello. >> when i sit on his lap, i will. >> have a good one. from that to black friday and the shopping underway. analysts predicting a 4% pop and holiday shopping this year overall. where does that leave us? let's bring him bert, the retail extraordi

lennar, kb homes, also expecting lower sales in 2019 as well.dman sachs also predicting five more interest rate increases so they don't see any more relief at least when it comes to higher mortgage rates that impact home buying in the future. that's going to trickle down into the u.s. economy. housing accounts for a fifth of the u.s. economy and basically goldman sachs expects a slowdown from 3.5% in 2018 to 1.75%. that should impact them. connell, back to you. connell: that was a much more aggressive call from goldman than john lonski from moody's. susan, thank you. >>> the nasdaq, well, tech stocks in general getting hammered. the nasdaq down well over 2%, almost 2.7%. apple is helping to drag down the nasdaq and the dow. we talked earlier about the stock price decline for apple but the other thing that's kind of in the background here, the fear or the concern about regulations heading into the new year. apple's ceo tim cook with some interesting comments over the weekend in an interview about that, says the free market is not necessarily work