that is right, the nonessentials. ones that have no catalyst and you only own karen cramer worked for me for years at my old hedge fund used to be called circling the wagons the first time you do it, you will curse yourself. but after you experience a number of rough markets, you will realize how valuable your profit is. over time you end up with great stock basis. great investors know how to ignore the emotions. when they get in the way of making money nobody made a dime by panicking. and don't double down with your eyes closed. you need to focus your capital on your absolute favorites rather than chasing bargains in lower quality merchandise when it turns out they weren't bargains at all. rich in new york >> caller: hi, mr. cramer, it is a pleasure could you please explain -- i'm good, thank you. please explain the technique in buying calls and should they be used by us home gamers, to boost or pad our portfolios >> it is a great question, and the najarian brothers. it could be a low -- how to use calls to limit your

this week the state department ordered all nonessential employees and diplomats' families to leave the country. state department also advises all-americans planning to travel to nicaragua reconsider going. >> bret: rich edson at the state department. thank you. up next, u.s. up in court listen to arguments over the president's travel ban. first here's what some are fox affiliates for the country are covering today. fox 7 in. the coast guard stopped 12 tons of cocaine and 1 ton of marijuana from being smuggled into the country. the drugs were intercepted off the coast of mexico and central and south america. drugs seized this week are worth an estimated $400 million. fox 17 in nashville, the waffle house where four people were shot to death sunday reopened today. a restaurant spokespersons had all the money from today's sales will go to help the victims families. the suspect in the shooting remains behind bars. this is a live look in indianapolis from our affiliate fox 59. one of the big strays there tonight, the commission on basketball, college basketball calling for sweeping reforms

the bureau to be no questions whatsoever. if there's ever any question of lack of candor, you were moved to a nonessential position. >> lisa: what is infuriating is how much time does the mainstream media and the left focus on russia and collusion with a trump campaign that is yet to produce any sort of evidence drawing a conclusion? yet, they blatantly ignore the brief synopsis that you gave leading into the segment, they ignore all of that and what's even worse and look what they are doing with andrew mccabe and his wife. they are making them the martyrs of the resistance movement that despite the fact that mccabe lied to the fbi, that he is smarter. if you look enter andrew mitchell tweeting out, she supposed to be in the media. i just think it gives the whole game away of what the left and the mainstream media. >> sandra: the gofundme page. >> kennedy: perhaps we've gotten rid of the sum of the most politicized people within the fbi and doj. i don't know that for certain, but how do we reinstall face into the nation's premier law firm? >> sandra: that is the goal because i need to be restored and we are looking to the direct

the last time around and are more cautious, may be wisely so. you see that in their willingness to control spending for nonessential items. also, we had a really big boom in terms of lying automobiles. -- buying automobiles. automobiles are lasting longer and that's u a pretty big driver of consumer debt. david: what about the benefits to stock prices? one of the questions is is this just a sugar high where they get more money flowing to the bottom line or are they reinvesting this in capital investment, which will bring down the benefit and longer-term events growth? john: there is no data yet to really answer that question. we will have to see a few quarters of how ceos really alter the behavior. so far we have not seen any company take that tax bill and just jump right into it. as what has happened over the last three months has been a lot more stock market volatility and confusion on tariffs and some of the ceo confidence metrics are starting to roll over here. how the boardlear of corporate america is going to react here. a ceo and her board have to be stewards of capital and allocate just like a fund manager. there a