>> well, we were just talking about it, pulte homes.hey were very optimistic on the conference call. it did open in trade much higher and ended the day near its lows. i really like it here. >> bonawyn >> i am holding onto my golden ticket with gld. >> brian kelly >> that's me one of my favorite signals to take profits is good news/bad price action tesla had that today you sell tesla. >> interesting tim seymour? >> you have twitter, right >> am i on twitter at this moment, you mean yeah. >> no. not during the show. the bottom line is the engagement on twitter right now, i don't know why people awouldnt stay there, buy it >> "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 make you some money. my job is not just to entertain but to e

pulte is great one. also the essential, what i'm calling the earnings basics. that is costco and wmart. both giving amazon a run for its money. i will prefer the former rather than the latter. charles: david, you just kind of kicked the mega stocks to the curb. said go back to value. the market is trying to agree with you. what do you like here? >> companies that dominate their space. the one i want to highlight this afternoon, charles, tyson foods. the stock was 95 earlier this year. now it is 60. i think they do much better than expected in earnings. they are the market leader in pork and chicken. that is not something tech is making irrelevant. we have the problem with the production lines. we'll get past that. charles: right. >> of course the company should earn close to $6 next year. 10 times, 10 times earnings for a market leader. that looks good to me, charles. charles: you know what? i think i'm feeling tyson foods. i bought it for the reasons you describe. i've been so frust left, david , anything on the value side you like here? >> i like financials.

pulte group at this hour, shares are spiking and remember, starting this morning, they were the leading shares on the s&p.y7 we've got pulte group up by 4.8% even as the stock market reverses and falls pretty dramatically. dow jones industrials down 345 points. >>> this final hour pullback in stocks was also sparked after a near uninterrupted bull run that began back in april, but is one of the very names that led this rally now the one name to avoid? that's exactly what goldman sachs is warning clients at this hour, avoid not only the big tech winners including microsoft, amazon and alphabet, but goldman's analysts specifically point out apple. first up, i want to bring you this breaking news on the tech titan. multiple u.s. states are now investigating apple for violating trade practices and deceiving consumers. this according to axios. so add that to goldman sachs' sell apple call. shares they say are up 37% over the last three months. never a problem to take some profits. goldman's biggest fear is that apple won't reveal an official forecast for next quarter. that could signal a del

you saw pulte's earnings yesterday. you have their unique situation with specifically to home builders because they serve a slightly high eer niched market with the low rate environment and given that we've all been talking about stress valuations across asset classes, it's really a case of where else do you put your money >> bonawyn is in the penalty box for creating his own rule. i said what is the biggest market event for the week? it's not plural. it's singular and you did plural jeff mills, i feel you can play by the rules. >> i'm an avid watcher of "jeopardy. i've got this. i say what is the fed meeting? i do think it's important. you'll get a little bit of an assessment of economic conditions i think that will still be cautious but the big thing is the balance sheet. i don't think it's coincidence that the balance sheet started to peak and roll over a little bit the beginning of june along with stocks. i think what that will look like is the fed saying we are not going to let the balance sheet shrink, we are goin

>> companies like whirlpool and pulte.were both kind of stay-at-home stocks but not the way that we first thought when this began. you're looking for a better home, and in both cases they blew away numbers, and the stocks gained a ton after the releases. jack: the old economy today at home. carlton, i want to go to you with kind of the opposite of big tech, if there is such a thing, big oil. [laughter] the xre etf was up, i think, 2.4% over the week. that's new. >> that definitely is new. and the big news this week was not only chevron's noble energy deal, chevron is acquiring noble for $5 billion plus debt, so people had had expected a lot of m&a in the space, and that really hasn't happened yet because, you know, the well-heeled companies are going to want to conserve cash, and then they're going to be a little bit more cautious about acquiring some companies that might have a hefty debt burden. what's interesting about this chevron deal though while it's acquiring noble, for chevron, you know, it's a minimal amount of d

they think a drug that pult approximately studies found doesn't help coronavirus patients and may lead to unusual heart rhythms. they think the drug is great. so does the president. >> i happen to be a believer in hydroxychloroquine. i use it. i had no problem. i happen to be a believer. many many people agree with me. >> many many people agree with him. do the scientists? the people who actually know what they're talking about. you though who doesn't agree with him? dr. fauci. >> hydroxychloroquine is not effective in the treatment of coronavirus disease or covid-19. >> i said this president couldn't even be bothered to tweet about more than the soo thousand americans who lost their lives to the virus. lost their lives on his watch. because of his negligence and incompetence. you know what he did find the time to tweet about? withdrawing nearly 12,000 u.s. troops from germany. a major ally. in a move that's sure to please vladimir putin. he found time today to deny u.s. intelligence accusing russia of paying bounties to taliban fighters to kill u.s. troops in afghanistan. >> if it wer

pulte group the second best performing stock we'll keep an eye on that sector in today's trade don'to anywhere. we're back in two. ♪ come on in, we're open. ♪ all we do is hand you the bag. simple. done. we adapt and we change. you know, you just figure it out. we've just been finding a way to keep on pushing. ♪ we're committed to making a college more affordable., that's why we're keeping our tuition the same through the year 2021. - [student] i knew snhu was the place for me when i saw how affordable it was. - [narrator] find your degree at snhu.edu. >>> baseball is back tonight with a shortened season. dozens of safety protocols no fans. players can't spit here to talk about that and a lot more is baseball's most powerful agent, scott boris. welcome back it's a good day. >> it is we're all really excited i know the players i represent have been waiting a long time for this day we're all very excited >> i remember a couple of months ago when the koreans were starting to roll out their own protocols. we thought we'll see if they can make this work your general view is korea, japan,

pulte homes climbing today new home orders beat estimates, and in the release the ceo said new home demandlearly rebounded. shares are up more than 4% whirlpool is higher on an earnings and revenue beat. they revised their growth and sales guidance higher. the fact they gave it at all is remarkable they still expec remarkable whirlpool is trading up 9% on all of that. shares of auto nation are gaining on an earnings beat. the company saying it plans to build 20 new stores over the next three years there's a positive sign in retail auto nation up 8%. the feds main street lending program has been operational for more than two weeks now. it hasn't gained the traction that ppp did a top economists explains why he says the fed program is too stingy and what needs to be done to help main street, next. stay with us ♪ come on in, we're open. ♪ all we do is hand you the bag. simple. done. we adapt and we change. you know, you just figure it out. we've just been finding a way to keep on pushing. ♪ >>> welcome back as congress debates what more is needed to help the economy recover, the fate of main

according to pult principle source, quote, william barr recommended clemency not be offer offered, end quote. other officials including mark meadows also advised the president against it. their opposition was fuel bid concerns that trump could face significant political blowback and could be seen as abusing his presidential power. minutes before on friday, journalists told howard fineman reresisted pressure by prosecutors. stone said of this, quote, he knows i was under enormous pressure to turn on him. i didn't. they wanted me to play judas. i refused. here's how adam schiff reacted this weekend. >> the jury of roger stone's peers found him guilty on every charge. and what the president is effectively doing is say iing is okay to lie to congress as long as you lie to protect me. let's not make any mistake about this. donald trump wants to keep roger stone silent. roger stone knows too much about donald trump. that's always the motivation with this president, which is to protect himself, to cover up for himself, nothing else matters. >> likewise chairman jerry nadler says that his comm

outliers in there like l brands but chips with amd, materials, weyerhaeuser and housing obviously pulte greece group holding on to margins within well the double digits. experience the joy of a bigger world in a highly-connected lexus vehicle at the golden opportunity sales event. lease the 2020 es 350 for $359 a month for 36 months. experience amazing at your lexus dealer. is brought to you by nuveen. a leader in income, alternatives and responsible investing. >>> we continue to look at mega cap tech this morning, apple included, jim. it was not just about the conference call, not just about tim cook's appearance on the hill this week, virtually, but also your conversation with him about m&a. >> very interesting because he was reacting directly to what other companies said on the hill about anticompetitive acquisitions i think you should listen to it, it was pretty interesting. i think what tim cook was saying is that you basically don't want to -- you want to develop in-house and he was very cognizant that facebook bought instagram and congress just didn't like that now, there was a c

the pulte group, home builders very important, up 10%. real estate boom. program. there is a real estate boom and they are benefiting. whirlpool, good results, they are a pandemic winner. losers on the dow, dow incorporated travelers boeing on the down side. >>> still to come on this program, lisa booth on the state of the 2020 election. morgan ortegas on the cold war with china. we've got developments. . . stuart: got to say, pretty much a mixed market. no serious moves in either direction. the dow is down. the s&p is up. the nasdaq is up a tiny fraction it's thursday. 10:00 eastern time. going to give you mortgage rates in just a moment. i will tell you this at the moment. latest read on jobless claims. 4.1 million. that is up from last week. that means the 15-week downtrend, fewer and fewer jobless claims that has come to an end. that implies that the recovery is stalling to some degree. not good news for this economy. >>> look at microsoft. it's down about two bucks now. that is taking roughly 20 points out of the dow industrials. without microsoft, th

we heard from a home builder, pulte, sales are through the roof people moving away from cities, if you'res in a big city if you look at rents, rents in suburbs have gone through the roof in terms of rent receipts while they have collapsed in the cities. if you look at other things like states that have shut down again -- california, for instance, by far the most recipients of -- recipients much p.p.p. money but the start, stop, start, stop stuff is crushing them so we're already living -- many of them day-by-day and they needed this economic resurgence that we were enjoying to continue. as soon as customer behavior began to change. >> melissa: i worry that the people that make these rules and like our own governor and mayor, they decide at the last minute whether something is open or closed. they have never run a business themselves so they have idea how much planning and how many days goes into knowing whether or not you're going to be open, we're looking at restaurants that have put umbrellas out on the streets and i asked a restaurant owner this is a huge investment. you had to buy wat

look at pulte homes and toll brothers if we can. they're all in the green.uren: they're up quite a bit in the past two weeks. they're cyclical stocks. they're sensitive to the overall economy f you look from june 26 they're each up about 10%. i want to give you a quote from wedbush. it is pretty bullish. builders will benefit from the demand in housing this, is a quote, single family detached home, the best way to socially distance and improving affordability should hasten people's desire to have space between themselves and their neighbors. i always wanted space. now it is imperative, ashley. ashley: certainly is in this day and age. lauren, thank you. what about pinterest? lauren: take a look today. the stock yesterday was up 7%. if you look since that same marker, june 26th, about two weeks ago, it is up 19%. it is certainly a pandemic winner. people doing arts and crafts at home. it is also a consumer discretionary stock. those were stocks winners in the market yesterday, ashley. up half a percent yesterday for pinterest. ashley: thank you, lauren. let's