24 Burst results for "Centene"
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"It's a wholesale change in the way they do business. There actually committed to make money strange. No stock sells for really ten times earnings. Sometimes the best way to learn from the gauntlet to look at what failed to rally. So now we're going to consider tesla and net flicks for once. Tesla didn't come into the quarter heightened expectations that seemed good right. In fact it was the most subdued. I can recall especially with the stock dental hundred point of its high which was right after it was at the. Dsp hundred the company delivered terrific sales. Maybe a little bit constrained by the semiconductor shorts just so far so good but tesla's bottom line. It seemed confused. It was confused. Okay get this when you subtract a brilliant sale bitcoin to rack up one hundred million dollars and you adjust for credits along with stock-based compensation what happens when you get almost nothing. That's not what the bulls were looking for. We come to expect sales and earnings from tesla. Former when you get you get people hooked on perfection. Ilan anything less snapped will send your stock lower. How about netflix. Or here's a copy. The expectations tend to be too high. But this time. Because they got such a huge pandemic bruce pandemic we focus for second kramer when they got such a huge boost from the pandemic last year. The estimates were sky high. Just one lever. Numbers came in much weaker than expected with management blaming traded. Pull through turbines. That term is cost trillions. Pull through meaning. Last year's big sign ups basically cannibalized this year the takeaway when you're dealing with a company it's benefited from the pandemic shorts. Make sure instill benefiting from the pandemic older instead of going back to where it used to be. We own amazon chapel trust but it management uses the dreaded term through. Then you have a k. Bar the door situation. And i'm hoping that's not the case now. Perhaps you don't wanna play this. Game boy amen. Maybe you'd rather invest than wall street bet on earnings reports. Which is a much better idea. In that case you went to look for stocks that the market misjudge either. The we're room your work. Your ones that got slammed because people in incorrectly came to lose that badly or the ones that simply didn't get enough credit the former okay. Well that's honeywell union pacific honeywell's still stalled but it's now manning a comeback union pacific memory. Told you bite. The torch made it back from ridiculous quarterly so because it's so good the latter group the ones that didn't get enough credit. That's raytheon with the defense business that turns out to be our best hope of countering china especially if they do something crazy like try to take taiwan and i like att to which report great quarter and took risk off its dividend more on them later the bottom line if you're trying to rent stocks for the earnings report derby now you know what makes for potential winter this is. This is your rules okay. Just write them down or will you would take a picture of it or like watching it on the. I don't care but at least get putting your head but honestly it's far easier invest in wrongfully convicted socks and get knocked knocked down because wall street. Misjudge the results. The goal is just throws up a lot of buying opportunities. But you gotta know what to look for. And you got to use the checklist. I want to start with john in virginia john. Great big bro. Bolya money showers to. I say you betcha that what's going on. Here's my company's underreported story. On thursday announced on new capital allocation framework to increase regular quarterly dividend add new variable annuals specials of four dollars a share buyback by increasing farm labor costs worldwide requires more and more labor saving agricultural equipment. Miss companies farmer first strategy serves customers all around the world. okay. With trump's to brands like matthew ferguson. What do you think ed. Cohen co since forty. When the martin recent haagen usa rule the roost. Not only do. I like john copland. I bought one of their tractors. I think that goes still good here. I actually did. Did i like tractors got tractor. That's actually get to the chopper. Speak to denise in minnesota denise. Hey jim congratulations on on dumping the haters Shirts with that. I agree with you. My mentions calm turned into the love canal.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"The <Speech_Male> plug power helps <Speech_Male> these companies meet their <Speech_Male> commitments to <Speech_Male> reduce their carbon <Speech_Male> footprint <Speech_Male> public. <Speech_Male> Let me send us to care about climate <Speech_Male> change. That's <Speech_Male> the case we've got <Speech_Male> tons of businesses that <Speech_Male> are trying to become carbon <Speech_Male> neutral as fast <Speech_Male> as they can put <Speech_Male> power helps them get there <Speech_Male> faster, and <Speech_Male> this is absolutely <Speech_Male> a factor in its <Speech_Male> success of this <Speech_Male> company. Amazon <Speech_Male> recently came out with the document <Speech_Male> title <Speech_Male> Driving Carbon <Speech_Male> Out of our business <Speech_Male> where they make it crystal <Speech_Male> clear that <Speech_Male> they want to stamp <Speech_Male> stamped down <Speech_Male> emissions <Speech_Male> across the entire <Speech_Male> company. Early, <Speech_Male> this year we met with sudden <Speech_Male> Dell is the CEO <Speech_Male> mugs <Speech_Male> great quarter and he <Speech_Male> talked about how he wants. <Speech_Male> His suppliers to <Speech_Male> reduce their carbon <Speech_Male> footprint, not just his <Speech_Male> company, but there's suppliers <Speech_Male> you think <Speech_Male> Fedex doesn't want that <Speech_Male> business will better play <Speech_Male> ball mugs <Speech_Male> plans to be carbon <Speech_Male> negative by <Speech_Male> twenty thirty, which <Speech_Male> suppliers have <Speech_Male> incentives to invest <Speech_Male> in clean energy like <Speech_Male> plug powers fuel <Speech_Male> cells must <Speech_Male> go Walmart declared <Speech_Male> that they wanted to become a <Speech_Male> regenerative company <Speech_Male> by jared they <Speech_Male> mean, they're targeting <Speech_Male> zero emissions <Speech_Male> by twenty forty <Speech_Male> including their long <Speech_Male> haul truck <Speech_Male> fleet. Yep. Over <Speech_Male> the next twenty years, they're going <Speech_Male> to electrify <Speech_Male> trucks, which is <Speech_Male> musical plug powers years <Speech_Male> same goes for <Speech_Male> industrial gas <Speech_Male> behemoth with a <Speech_Male> big hydro. This is not <Speech_Male> to mention comments <Speech_Male> the engine maker that's <Speech_Male> begun working on hydrogen <Speech_Male> powered vehicles. <Speech_Male> Very court. <Speech_Male> Now, there are <Speech_Male> plenty of other place in <Speech_Male> the hydrogen business and some <Speech_Male> of them were worth betting <Speech_Male> but they're still <Speech_Male> speculative I know <Speech_Male> be mortar on twitter <Speech_Male> with them but <Speech_Male> they're not producing anything <Speech_Male> at scale. <Speech_Male> The way this company is <Speech_Male> plug power has <Speech_Male> gone mainstream, <Speech_Male> but it's forklift batteries <Speech_Male> and I'm confident <Speech_Male> they'll be able to deliver something <Speech_Male> for long haul <Speech_Male> trucks not <Speech_Male> that far from now <Speech_Male> why? Don't I believe <Speech_Male> nurse one what's <Speech_Male> important because anymore <Speech_Male> Ceelo used to work <Speech_Male> at lucid that's the <Speech_Male> bell labs where he helped <Speech_Male> develop the cellular <Speech_Male> networks that now rule <Speech_Male> the world from <Speech_Male> the time it got started the <Speech_Male> eighties to the time. He left <Speech_Male> the Telco Industry in two <Speech_Male> thousand, seven wireless <Speech_Male> went from a Patriot <Speech_Male> with phone <Speech_Male> size car <Speech_Male> batteries to a <Speech_Male> massive global business <Speech_Male> where everyone has a cell phone. <Speech_Male> Early <Silence> smartphones <Speech_Male> marshes <Speech_Male> now at PLO power <Speech_Male> for twelve years <Speech_Male> twelve years, twelve <Speech_Male> years. <Silence> Twelve years here <Speech_Male> can history <Speech_Male> repeat itself for the clean <Speech_Male> energy business right <Speech_Music_Male> now I think we're still <Speech_Music_Male> in the gigantic unwieldy <Speech_Music_Male> cellphone <Speech_Music_Male> stage <Speech_Music_Male> for hydrogen fuel <Speech_Music_Male> cells, but we're <Speech_Music_Male> wrapping the <Speech_Music_Male> heading in the right direction <Speech_Music_Male> and <Speech_Music_Male> you know what comes next <Speech_Music_Male> <Advertisement>
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"Welcome new circles time caller. Jenn what's your thoughts on Adt? It has google partnership and Google has done iterating. Never invest in the second rate Katainen could've found from seven to ten years sure anything about but I've been against this company even when they announced that deal throws past sell and that's been right and I am still not saying it's time to buy I need to go to Laurie in California Lori. We can I want to thank you a big? For my kids. But a longtime fan of you and your show. Thank you very much. I'm very data. King. Is What do you think United Microelectronics Corporation you NC Taiwanese company I. Just a good brutalities. It's going her i. think that it's been a very good space you. WanNa be there. Is the same way I'm GONNA throw in Taiwan semiconductor and give it to for. I'm in a very generous mood tonight. Let's go to nick in Massachusetts Snack. Jim. How are you? I am good. Nick. How you doing great. Thank you less year we spoke about e Pam and it was a great idea and a great investment tonight I have another company that I don't hear too much about ever on your show. which has had very good earnings and I think is in the sweet spot with all the things that are needed for the vaccines all and the company is West. Pharmaceutical Services W S. I don't think it's really up there in terms of being. Me and it's okay. It's got some good healthcare products but it's not. It's not in the league with a lot of the others, but it's got a three times. Over about some of the. Jj that. That's not for me. That's not for me. Let's cut Zach Pennsylvania Zach. Thanking for everything to do with getting ready for Dallas between yeah. I know. Yeah. Got quarterback there. I had Google Guy The Dallas Google Google and I had to what's Absolutely so I'm a little worried last week with big minutes and I'm looking so long term on the stock. My stock is Kimberly Clark. You know I didn't like the quarter I mean it was a big mess I mean come on it's show shot the lights out. I mean proctored. I am trying to get my arms around that quarter as the stock goes lower doesn't get cheaper and it's GonNa stabilize soon but that was disappointed. and. These consumer super PAC is good come. They're not inexpensive so but here in seventeen as long term I think you can do it but it's jeeze. I'd rather on proctor I need to Andy in Texas Andy. From Austin Texas like him. Hey Jim or Michigan Mer. How would you like it? I'm talking WAYLON COSTING ABOUT G I. I gotTa Tell You I. Mean I have been against the stock forever every time it raises its ugly head I just. Including in the Rim Rian Kimmy and break pay me real growth. That's what they don't give us an that laser thing would. Likely. Is sponsored by to Ameritrade. When.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"Meltdown, are we supposed to do with today's action? We're you know Nasdaq was pretty strong. Well. Let me take a look at the market reverted to its old pattern where massive cova outbreaks and tech stocks warring and dragged down everything else. That's what look today. Remember we've been through this twice before every time these stocks have been written about their dead when the pay DEMOC I took the world by storm in. March. The market collapsed then we bought him and that was the first sector to start bouncing led by all the digital players help scope. Help US cope with the lockdown and this new age of social distancing. Now, we saw something against similar in June when the second way of Cova cases exploded across the south and southwest. There was a big difference though we've seen this movie before wall. Street didn't panic panic in March when it felt like the world was ending selfish sport were contain the Dow tumbled from twenty, seven, five to twenty, five, thousand in a matter of days not great but better than crashing late February early. March. where the loss thirds value in few weeks at the same time the tech heavy Nasdaq only dropped five percent. During that second wave. So off to be slater, it was making new highs, but I will mention again that was down five percent I heard stocks pronounced dead now Cova cases are hitting records get, and this feels like a similar pattern. Last couple of weeks have been less than stellar than yesterday nearly the whole market rolled over today the Dow and the be kept falling but the Nasdaq already begun to rebound and it did that yet boundary eleven o'clock twelve o'clock in the morning when I really start moving however the situations complicated this time round and not just because there's an election in a week. When the second wave hit we still had all that federal stimulus money from paycheck protection loans for small business too generous jobless benefits. Oh, boy that's not the case anymore no stimulus on the other hand. We're now seeing some encouraging an activity like amd buying silence for thirty, five billion dollars to expand into communication chips and meant to position in the data. Center. What else? Well, the big tech leaders have brought up substantially since June and this week we got earnings from some of the most we're going to get earnings for everyone of these companies frankly. Microsoft, just reported terrific bottom y beat enter the closer it was really gorgeous and, of course, it was fueled by its cloud business azure although the stock initially but didn't budge I think those who own it in Chapel Do, okay then on Thursday night, get this call that we hear from facebook Amazon Apple and alphabet. That's the Tech Titan owner school yet fang reports this week with the exception of Death Luke's which already heard and it was disappointed by the way. So what the heck do we make of these big tech names, Mike says, you should view any additional week. This is an actual buying opportunity, but we know this is a fraught moment and emotional moment at times like these. I am always telling you to take your emotions out of the equation and that means falling back on a more quantitative less emotional approach, and that's why we're going on the trust with the help of Katie stock. She's a brilliant tactician. She's the founder magic partner. A leads strategies which detectable out this firm with a great newsletter. This is the first time we feature stock this work on the show, but sees a veteran charts within twenty years. Experience shears the chief technical strategies. For she started her own firm and got congratulations Katie and she has been a lot on NBC's regular guests most importantly stocked his feeling sanguine about Fang plus Microsoft minus net flicks. So take a look at his daily charter, the relative performance and Fang plus m index versus the five hundred we know facebook Amazon Apple Netflix Google saw have given us terrific absolute gays but they also keep leaving the rest of the market in the dust despite the fact that. I hear way too. Often I keep emphasizing this because I've heard these stocks pronounced dead endlessly and it's hurt you and I'm trying to keep you from being hurt what else check this to casting index down here. This tells you when something's getting overbought oversold member oversold compounds. Thanks to the recent. So of combating yesterday's out Stockton ports out these big techniques are collectively very close to short term oversold. And those are the great conditions that we we've only seen this four times. In other words fan came down too fast, which means it could be due for A. Bounce. Stuck till Selena fifty day moving average. And there we see that blue okay it's moving higher. Give you a gradually rising floor of support. Okay. The two hundred day moving average reveals the longer-term uptrend. It's well above that but that's okay. That's okay. It shows real strength. I, love this chart. Now, this whole group got hammered September's got fooled with the red hot. I, remember they lose us in order to get in on this deals. A lot of investors rang the rate reg. Sure on on these stocks every that was how they had enough cash to buy new stocks while the goofy data from September lows. It's basically spent the last month going sideways but in Stockton you this period of consolidation hasn't wanted fangs momentum. The group just took a breather before the next leg higher I what are we see when we drove down to the Individual Fang names plus m? Wow, this is pretty when you look at the action and face whether Mark Zuckerberg testified in Congress. So Oh I'm sure it'll be negative headlines they shouldn't Stockton notes that the stock saw short-term breakout last week one positive relative strength. So don't let whatever said Washington in input what this is doing here this is unemotional as she sees it that's a good setup going into Thursday nights. Earn support facebook's behaving like wants to go higher i. think that it could take out that high..
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"Dream. What you the managed care stocks here this is a group that was red, hot April, because healthcare's recession resistant as gets plus covid nineteen meant that people put off all sorts of non urgent medical procedures, which meant the managed care. Companies didn't have to pay out those claims of course now that the economy's open again. We'll probably see some pent-up demand for all those shelve doctor's appointments, and that's why the groups cooled off in the past couple of months, but if yesterday's pete down the slowdown stocks, maybe back in style food to seventeen, CNC managed care. Companies specializes in government sponsored health plans. These guys held virtual dates today were management raised the full year earnings forecasts substantially sent the stock up two point eight percent. Can't it keep climbing? Let's take a closer look with Michael Naira. He's the indomitable chairman and CEO of seventeen. Get a better sense of our company's doing. Not Welcome that demand money. Sukru. Sir Well I am doing well in these these kinds of questions now meeting. How are you doing? I'm doing well. You were going to say save on employees safe. and. Well and. And also delivering numbers. You increase guidance once again. It looks like that. Some people I know are confused. They're saying. How could he increase guidance in a recession? But the answer is seventeen is not necessarily Lieber D- to economic. Activity isn't. No we. We kind of watch are drive we we as. You make decisions based on the facts as they are today. When we? Announce the four billion dollars. Incremental Avenue concerned. There was no increasing guidance was not clear. What that margin would be now. We know it's more normal us well, also I think that. There are things that throw throw people for a loop or who don't normally follow you like this quote from your analyst eight today. With with inpatient, we have seen a dramatic decrease in ER claims decreasing over forty six percent in April. All that is very meaningful number for you guys. Sure, it's The ers were really not used that. They normally are unfortunately. We tried to assign recipients to primary care. Doctors do a pretty good job. But there's a lot of us the emergency room as their primary care physician. And of course during this current environment, that's not happening. We'll see it started to come back and also that you're seeing a reduction in utilization medical costs so I mean. It's natural. Presume that there are there are good numbers coming even as again guidance, but you weren't your usual cost itself. Yeah, but but. We have to be careful. We've said we would have sixty eight percent of our income. Earnings. In the first half of the year we're starting to see while we will have a strong strongly. Enormous strongly should second quarter because of the under your. That will combat, and it's starting to come back now, so we'll see a higher-than-expected third and fourth quarter, and no probably have momentum into next year so on the year. It will all average out except for that incremental revenue from the four billion dollars. I have been watching what we're worried about. which is the spike in some states and I was thinking I got asked Michael What he would say i. saw you ask them before we all wear masks? We all practice social distancing somehow I went from being something that maybe everyone thought is how you got Taiwan, which the seven deaths in almost no cases to be something. We don't need it anymore because things are better again. Is there any reason to think that things better again? Though. That's the most frustrating thing I is pretty good. Epidemiologist at individuals helmet just talking about Taiwan Japan one hundred twenty seven million lives. Oriental. Martha's always had a mask mentality. They had eight hundred thirty two desk during the time that we had hundreds of. Hong Kong. Very concentrated population seven million people. They had four I been four deaths in that same time. This this masks is the answer. Until we have a taxi Ayman's data, you can't come in our building without one, and if I walked out hurled one I love to fire them are so I think that's absolutely right now. There are things that are happening that I need your advice on that. We all need your vice on. Because you bad for very hard before there. There was a murder committed in Minneapolis. And it was one of the worst things that any of us have ever had witnessed you had something happened in Ferguson. You could have had and I. Know You did a day of discussion guy you more than that. You build something in Ferguson. What is it like to talk versus do? where I'm very proud. Dead, in a matter of we heard small businesses would be rosy, right. and. We said we had to do something about this. Is Labor Day when it happened that Friday? I said we'RE GOING TO BUILD A. We're GONNA ANNOUNCE AND WE'RE GONNA build a service center. That Tuesday over the weekend we work. We announced it and that Friday we own the land. We had the effect. Of those small businesses that have sent, he's weary opening. Up until this. Last time. We saw property lies so increase utilize Ferguson now people are showing cried and taking care of it if I could take you to our daycare center, we have up there. You see young children. Learning is just incredible. It's it's your ideal successful. Only when I see other people being successful, and the people in poorer are becoming success. Can we clone you? Can Clone you? We're not seeing the new. We're not seeing. We're seeing people sending their hearts. They're sending. Movie and jobs..
"centene" Discussed on Bloomberg Radio New York
"Country that Centene protect what exactly how the plight of Americans has been affected by this pandemic next amounts of power Bloomberg television and on radio this is a Bloomberg market up he builds the narrative is driven by uncertainty about the virus little reversals it's not clear the some of the Republicans up on the hill are agreed with the Republican White House economic shift the macro clearly being driven by the corona virus outbreak everything seems to be in motion will also mean a global recession your view now but here you're on solid ground looking for a guiding you through all of this Bloomberg radio the Bloomberg business happen Bloomberg radio dot com Bloomberg the world is listening any minute America's eating patterns are changing during the corona virus pandemic consumers have doubled purchases of all sorts of beans and canned meat according to Nielsen data the biggest surge came in plant based meats including offerings from companies like beyond meat and impossible foods with sales jumping two hundred sixty four percent even as overall spending plummeted more economic data is coming in from the period after the coronavirus lockdown started and the numbers are bleak factory production plummeted in April by the most in records that go back to nineteen nineteen retail sales plunged in April shattering the record drop that was set just a month earlier Facebook said it bought giphy a library of animated images known as gifts that can be attached to messages to express emotion giphy will join the Instagram group within Facebook all that economic data is weighing on the markets the three major stock indexes are down about four tenths percent mark mills Bloomberg.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"And I haven't done work to be sure but I don't think that that is i. Think the reaching for yield and I reach for yield my career. It's very rare that it's ever been right. Let's go to nick a New York. Knick Jin Pardon it's one of the key what you thought about spirit aerosystems. Sp are I think? That aerospace's is on hold And stock imbalanced because right. Now there's this kind of cooped up expectation of any airspace. But I don't WanNa be there. How ABOUT NATALIA NEW JERSEY? Tau My question. What's the opinion on General Motors today? Just cut their dividend. That's so dividends. You'll get higher and higher. You didn't cut it. I have no long case for GM of the fact that there's animal spirits right now. Buying a lot of the data and hours the stock can easily go ten percent before people say you know what there's no earnings momentum here. Let's go to grant Virginia Grant. Hey Jim so I took a position. Al American Airlines Black Friday at dollars docking just rocketed. So what I wondering? What do you think I should sell now or and this is again. The animal spirits is really fly and that usually lasts for about three days. Okay that's about all I can do. And then after that we gotta start worrying about how the earnings are doing. Let's go to take in California teagan. Yeah Man who'd they I'm wondering about trade. Oh man we liked Dinah trace. We like died and trace. Why is that stock? That's actually go higher Sober intelligence platform that. We really really liked unless say yes to that one. Let's go to Charles in Arizona Charles Campaign creamer Admiral. You got my wrong writing. I got promoted to talk to you last. Okay I know this mad money right now thad money. Can you hit the pain button for me? What is it just your bed about? Your masochist begun might not help cattle if so thick right now. I don't think the doctors takes more chewing viva. Why are you in V? Why aren't you that area? Just go with? Vive go Peter Gaster. He hasn't heard anybody. Let's come down a little bit. It's like soon we're not done right. We're not gonNA take one more we're going to go to Steven. I think he prefers to be called Stephen. Not Steve Steven and California. Stephen taking my call Jim on calling about helmer and pain well. That's a house of pain. No US and that is the best. It's the best but in a bad neighborhood joining oil service but you know what today so bad I can get a five percent baths from that. I think that would be other than that. I mean because the you know the vital bad ones right now meeting ones. That aren't doing well. I've got a little more so my tests you know five percents bounce Enron and and let's do more. Why don't we go to Pete in Delaware? Pete how you doing out on him at cat. Oh man so. You're giving me some really horrible. It's your I mean Palliative care but it's no no the answer is is that we're not gonna go to Kennedy and it's just to our company but we will do homework because that's why it's orange and that other lightning is sponsored by td. Ameritrade one tonight so off the charts a holiday pretty controversial idea harley goerner tactician with terrific track record bricks that oil prices are likely to re down ridiculously low levels. Then I said something. That unleashed an onslaught of criticism. I said if you have a corner then you might want to buy pioneer natural resources. Parsley Energy Yuji resources donning a damn back and Chevron immediately. The long knives came out from you on twitter. Who'S RECOMMEND WALL stocks? My out of my mind? What does Kramer Smoking that look? I was some kind of oil bear trader. When really I was just thinking like schrader tea and listen. I dislike well. I would not like it in a box so we're not like the Fox I think. The next generation investors will avoid the fossil fuel stocks becoming price for them. It's like big tobacco. I never recommend best team. Well I want Berson the whole she long before the pandemic it wasn't certainly now but you gotta understand their moments oils make sense as a trade and I don't encourage trading on the show. I know many of you do it. Calling mourners. Chart Works suggested to crude crew. Go back in the forties economy opens. So I gave you some stocks that would be short-term winners they pop look at it this way or else way down the fuchsia radical untrustworthy in part. Because there's this ETF USO. It's totally out of control. It owns the oil futures but it's not structured to own actual oil so in the future inspire every month because they're idiots who was forced to sell them any price. Oh they always welcome to have them. Come on and say explain why they're not idiots. That's helpful announce farm winner of buyers. But it's easy for hedge funds to crush this instrument when demand dries up same thing happened to the USO. It's just not set up right shouldn't have been. Sec shouldn't blessed it because of this chicane also storage space west. Texas intermediate crude for June now sells for thirteen dollars. Abou but the futures in the out years barely moved. That's set you up for good stock trade and we're seeing something similar natural gas which has been under pressure for ages because of the shale boom. There's just way too much. Production doesn't help the knack kisses off the byproduct of wells but with the bakeries recount way down. The glove is finally being addressed. Less production should eventually translate to higher prices. If you WANNA play it you can buy habit oil and gas for trade. There's a reason Saudi up eighteen percent for the year even cabinet of bad long-term investment. I think you could be short. Term Trade Again Trae Dir not trade tour person. I don't feel comfortable trying to own. The I learned my lesson writing down from Chapel. Trust thinking that the five percents yield will protect us all the way down but the dividend offer about as much protection as wet paper bag and the stocks been hit so low. She's now yields ten percent. And it's not because they did it that much the oils aren't rebound here because they're in good shape the rebounding because like the cruise ships like the lines got over so every day. They're good trades. They're just not the same as good investments right now. The house stocks are running because people expected good spring selling season as families flee to the suburbs to escape the pandemic and so far. The numbers are very good especially for a giant. Dr Horton even the medium term. I think it's foolish homebuilders. Because people don't file out of homes we'll meet a double digit unemployment. Which is where we're headed. Sure Lynn our. Dr Horton Tobon. Go ahead I like short term but now finally we're getting to the tail end of the retail trade. Remember when target put up this week digital numbers and the stock tumble one three. This ball street wasn't thrilled about the margins that was ridiculous targets quarter showed you the CO Brian Cornell's business model stocks. Now back in one twelve should be. I told you I really like estee. Lauder Ralph Lauren. H Chase involves reopen of American Business Stanley. Black and decker works but long term. It's going to be tough. Remember the mantra of the show to teach to educate to explain to put in context and entertain. I know trading. That's what I used to do for living but Jimmy Chill is not a trait tour to the cause. Good trades can be if the investments. But I'll try to be clear about which is wish if.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"Childhood transcendence Tyson which there couple stocks have fire shelters Tyson. Viacom terrible just terrible. I couldn't believe the stock went up on that. I mean to me if don't Mike Tyson but don't get in there I I'm quite Trying to get it to move back up. It's not it's not up enough because I sell now. Wendy's Wendy's is trading finally where it should be the crash and I gotTa keep using word. The crash of twenty two march twenty twenty was too severe much cookies with seventeen. The said no one is certainly the outcome when it comes to Kobe. Nineteen but he does talk depression. I'll find out what it means for the stock. They'd listen up. Jimmy Chill is not a traitor to the cause of mad money. And I'm GonNa tell you why calls rapid fire? Tonight's the lightning rounds to stay with cream ever since the market bottom last month the healthcare stocks have been leading higher and especially the managed care. Please see I Bernie. Sanders dropped out Democratic primary. No more Medicare for all worries then. We start realizing that the pandemic actually benefit these companies because so many elective procedures. Those are not so good. Are being postponed. Just look at quaker faith. Seventeen which specializes in government sponsored healthcare plants here stock that made a brand new fifty two week high list in two weeks ago but earlier today than ever got a little model c. Seventeen just confusing quarter living in a big revenue. Beat on top of size warnings. Missed the culprit. The company's health benefits ratio as the percent of premiums. They spend covering claims. It was worse than in -ticipant while imagine was able to raise their full-year revenue forecast that's important and maintain their earnings forecasts. The quarter was seen as a negative development. Stock is down five percent so what happened. Your own confusion stems from Saint TS giant acquisition of well care last quarter. The stories best here than it was three months ago so disappointing. We gotta check this whole thing. So why don't we go back to Michael night or if the streets shooting chairman? Ceo of synteen. Find out more about the quarter where the Comey's pursuit you stay in safe out there. We would hope you are too safe and well well. That's I think the most important.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"Topalli and Nucor presencio. Congratulations on your job. Sir Thank you very much. Appreciate thank you thank you. Thank you much new core when economy turns. It's new it's always new work and money's back into the break nothing now that the market's been over month rebounding from it slows. We keep hearing this actions see economies mass job loss catastrophic even with trees bell money we could be looking at a lot bankruptcies yet for the last five weeks stocks have been flying so is Wall Street just totally disconnected from mainstream. Have Traders lost their minds or is there something else going on here? Every time I hear these objections is GonNa take them back to. There's one very simple fact and splits everything forever reason. It is ignored every day in the papers on the TV Internet and the conversations the distant conversations that you have so let me be crystal clear. The more arcane crashed crashed last month it crashed hard. This wasn't a knelt down or a cell or correction. It was a wholesale collapse. It was the great crash of twenty twenty where we downing now. It's only because we got hit so hard from late February through the first three weeks of March. This point keeps being lost in the shuffle. Maybe because we're in the midst of a genuine public health emergency good excuse remember the stock market's forecast machine it's less. We're flexing the present more of an attempt to gauge Halloween. Six six months but Wall Street didn't see the pandemic coming only a few of us. We're taking this thing seriously. In early February when the average is search to new highs even as China impose the largest quarantine in human history or at least it was then. I am proud that I took it seriously. Even though I was ridiculed once the virus spread to Europe and then here the market suddenly started taking nineteen very seriously we got hammered late toiling. We'll move there's marsh got rolling went into full blown panic mode and when people panic they make mistakes emotional the wrong just during the last two weeks of the crash the Dow plummeted from twenty five thousand to eighteen thousand and some of these single day declines were unbelievable ball down two percent on March twelfth. Dan's thirteen march sixteenth yet. Now and now you. You hear people wondering well. Why isn't the stock reacting to the latest economic data? Jeez that's what happened we crashed. We crashed twenty eight thousand twenty nine thousand eighteen thousand. That's caught a crash the thing about a crash so is that indiscriminate people get scared so they bond they start selling everything taken down the Kubat. The there's no rigor to a crash. Just fear was to a black Monday Tuesday in nineteen eighty seven. It was true last month. Don't get me wrong. Tons of stocks deserved get obliterated although some of them are even coming back on cruise ships on fire that the airlines dum well but later saying listen to me. Those stocks have spent the last month rallying. They're they're the ones that really didn't deserve to get hit or at least they didn't deserve to get hit that hard. Now let me give you a case in point that it's not like the airlines the cruise ships. Let's talk about one of my absolute favorites that I've been behind for to CEO's now I'm talking about Wendy's. Here's IT incredibly. Well run fast food chain with a terrific long-term record and when the outbreak the absolute one of my favorite things. My wife is with this. Baking eaters is crazy about it. She didn't even care boom. We knew the restaurants will be hurt but there were but there was never any question that Wendy's might be in danger of going out of business the brands to terrible. It's I tonic. I remember Dave I come over here. Everybody panicked okay. It's like Oh my God. Everybody S and Hispanic three weeks when he saw stock plunged from twenty four dollars to less than seven. Its Lowest Ebb March eighteenth. Twenty four all told. That's a seventy one percent decline clash. Does that make sense? Of course not the pandemic span. For when he's when Senator Seventy percent pad so stop fretting about why stocks are up there up thinkers rebounding from Orioli the worst crash. I've ever seen yes worse in eighty seven and all his financial crisis. Did the KLEINTOP much much faster? You couldn't ever do anything to protect yourself. What was going on at Wendy's? Well okay so one of the stocks come roaring back to close to twenty as of today so I make new highs hasn't totally recovered but it's race about three quarters of Cova crashing and could see just like the broader market crash when he came in two stages I in late February with soccer in twenty company reporting an imperfect quarter with some discouraging commentary from management numbers yet strong North American. Same STORE SALES UP FOUR POINT. Three percent were softer-than-expected measurements guidance. Came in bit like everyone was focused. Wendy's breakfast gigantic rollout but this was right as the outbreak started boy. I can't imagine what work to win these forever working on this new practice in Renton the pandemic comes out as when you roll it out. So the stock sold off his soul apart within days when he's lost twenty percents all right. That makes some sense right. We knew Kobe restaurant co work. But when he says terrific drive-through setup so the better position than many competitors go into. I love the drive through in and out in a SEC. On March second day started serving breakfast initially the raw and really well in the first week of March first we must get this. Wendy's saw a fifteen percent sales bike and then the whole country started shutting. Down stock fell of cloth on March tenth distinguish just under twenty bucks by March Eighteenth. Seven pure panic money. Managers didn't Know How bad the pinnacle different is. So what decided it was? It was going to go out of business. The cruise ship of course again remember the cruise ships are coming back. The Airlines Airlines coming back turns out. This was a fabulous buying opportunity because a week later. Wendy's gave us a business update the front of that. It's much needed clarity. While the post covered numbers are ugly they were a heck of a lot better for the week ending on March Twenty. Second Wendy saw a twenty percent decline. Same store sales down. Twenty percents stinks. But as low as it slows. The stock was down seventy one percent and going to the update. It was down forty percent from his pre COVINA's more importantly management made it clear that they're not one of these restaurants that just shutdown. They've got terrific delivery and drive through capabilities so people are still there. In many jurisdictions discussions jurisdictions Wendy's is considered essential business which is why we three point five percents locations had to be closed as of March twenty fourth. That's a pretty good company. Walked US through all the new safety precautions. They've been taken to keep the workers customers healthy. I like it. They told us they haven't experienced significant supply chain issues. I like that okay. They suspended the by them. They fully Joe Down there revolving credit facility. They're being lenient with struggling franchisees and of course management headed withdrawal there twenty twenty albuque- as well as their long-term forecasts because it's impossible predict predict victory of pandemic again. None of this stuff is ideal but when you put it all together when he's is facing a challenge environment not the existential crisis that this price would indicate at the time whilst it wasn't too thrilled with these announcements the stock interesting cutting whoever over this month we've got more and more used to the new normal socks fire because we realize that when he's handling situation pretty damn well. The breakfast is a really good thing. Plus a couple weeks go. Longbow Research published saying they're challenging. Showed some improvements that same store sales the mailing me down twelve to fifteen percent now. Look I know this is done supposedly but that's a big step up from down. Twenty percent neater. Now put it all together and you can understand my when he's been able to in the past few weeks because it should never been at seven in the first place talks currently down nearly twenty percent from its highs that makes sense with negative calms. We know they're gonNA survive. We know the business will bounce back. Seems reasonable that Wendy's is trading at Twenty four times twenty twenty two or resistance when we all hope that there might be a vaccine. Now should you buy Wendy's here? That's a tough call. See The bottom line. Is that the stocks currently trading where it should be in a world where people go out a lot less every restaurant right now is a little bit like Japodlay. When it had those health scares except police self which is doing the best in all show and still thinking good one thousand dollars in his worth by. You can't pay as much for Wendy's as much as you could say. It's bully because Japan. Same store sales still. This robust should never have gone to seven in the first place. But that's what happened in the crash mother. A lot of truly trouble companies out there there are also a lot more players like Wendy's with crashes simply way too severe so stop saying you can't believe the market's up so much and start remembering the great crash of two thousand twenty where the Dow plunged thirty eight percent from peak to trough and companies like. Wendy's was more than two thirds of their value in a blink of an eye. Nick Elmi Nick. Hey Dr Jim. Thanks for taking my call. Of course I mean you gotta stay on air as long as possible. My nieces gets US almost. It'll be but I'm hoping you're on the air when she you know she's old enough to understand what's going on. I got it. Okay my My question is for. He's playing food industry. I'm looking to start a new position in the company. You have a strong balance sheet and steady dividends since twenty thirteen but with fear currently around the meat industry and trump today using the defense production. Act to help produce me. How will this affect the company? And Its dividend safe in the future and the stock is totent- foods and I gotTa Tell. You my childhood transcendence Tyson which there couple stocks have fire shelters Tyson. Viacom terrible just terrible. I couldn't believe the stock.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"The IBM cloud is the cloud. That's open that secure. That's built for business. It's also the cloud that's leading the way but don't take our word for it. Chuck Gardner Peer Insights to see why customers rate IBM of AWS. Google cloud and Microsoft Azure over the last twelve months as of February twenty eighth twenty twenty. Ibm Let's put smart to work. Gartner peer insights reviews constitute the subjective opinions of individual end users based on their own experiences. And do not represent the views of Gartner or its affiliates mission. Simple to make you money. I'm here to level the playing field. Investors there's always more work in summer. I promised to help you find. Have Money starts now. Hey I'm cramer. Welcome have money walking mark one of my friends. I'm just trying to make some money. My job entertain but educate teach. Put IT in context. Call one eight hundred seven thousand three tweet me at Jim. Cramer heck is Wall Street so optimistic that we can reopen the country without serious health consequences. Where's the conference? Come from? I mean haven't let's see. We adopted a universal testing yet. I don't think so we don't have contact tracing. We don't have enough gloves masks to keep everybody protected. Lucky me yet. The market's having an incredibly strong month even with today's mild did Dow slipping thirty points as edging point five. Two Percent Nasdaq climbed one point. Four percents crush okay. Let's just put it right out there. Are we whistling past the stock graveyard here? That's Fast Kim. Big Part of this is that there's a ton of confidence in the safety net. The one that covers large companies even as it fails necessarily to protect a lot of small businesses and it doesn't do nearly enough individuals metal. We don't trade hair salons here there's no ticker for diner. There's no a barbershop. Poop gyms no we companies companies that have more access to funding than I've ever seen in my life courtesy of the Federal Reserve and the Treasury Department who know that the stakes are high. But you also got a lot of hope driving this market. Some of these hopes make more sense than others i. There's the push to reopen the economy. Now the states are in a real bind right now. Ideally the federal government would just pay people to stay home. But that's not going to happen and without more checks from the feds. People need to be able to go back to work. You can't force people to stay home for months. Still expected them to cover the cost of rent and food like Christie food on the table. It's not right you've got to let them have a chance. And that's why there's this imperative to reopen as more and more hospital systems. Get a better handle on the pandemic and in many cases have lots of empty beds even in the US. Hopefully people be careful. Hopefully they'll have mass the wear them hopefully -ocial when I enforce workplace safety both for the for the workers but also the customers but don't hold your breath now. I believe many of the governors who want to reopen. Think of it as more of an at risk quarantine. See if you know. You're in a high risk category or you're just worried about your health. General Diabetes Asthma Hypertension. You can keep stay home until we have vaccine as long as you could afford it. But the states can't do anything about that last part again. It's tough choice but I think it's justifiable as long as there's enough testing to catch. People may be asymmetric spreaders. Two super spreaders without that testing camp capacity. I fear that many at risk people will venture out and get sick overwhelming healthcare system again in New York. We're finally ramping up testing although not fast enough but eventually we either reopen the economy or we have a second great depression. And that's just not right. That's why you can have a rally in the travel leisure stocks today or some of the better on shopping malls like the one I told you about Simon Properties. It's why people keep buying stocks have lowe's and Home Depot and should it's why Amazon keeps pulling back in. His consumers are desperate. Do some real shopping. That'll keep going down till reports. Maybe even after that because people right now want the worst because the worst is open of course. Everything can reopen people. Tell us Gary Kelly the CEO of South West Air. Why more people aren't flying people automatically if they're going to travel they need to? They need to have something to be able to do when they get there. So disneyworld needs to open backup. Restaurants need to open back up so you have those kinds of things. He is so smart straight for some people really like I mean it's not about friends. Kelly tells it the way this as we lift the lockdowns maybe some people start flying again so the airlines are all. The socks are running and judging by the APP. Forms the socks today there must be plenty of people ready to go back to pre cova pastimes healthy. Not If they would just open up second. It looks like some governors and possibly even curiel present generally believed. This outbreak is about to run. Its course meant. We had a shorter set of this week now. I think it's too optimistic. You could argue that. What happened with the Spanish flu in one thousand nine hundred nineteen well? It just ended right. That was good right. It just ended but there were three distinct ways of the Spanish flu before. That looks like it was getting better than it came back. Then it got worse I mean come on then we developed. What sooners herd? Immunity overtook roughly a year. And a half. Did you that. I hope I'm wrong but I think it's too soon to bet this thing will end on. Its own but I understand that. That's just pure naked. Optimism and American's optimistic people third once again. Interest rates are so low stocks Matisse's safe dividends have become incredibly attractive this morning. Three and reporter far from perfect quarterback. There's no question. The company can maintain its payout currently yield two point three same goes for. Ibm which actually raises quarterly. Didn't buy a penny per share a real sign of Congress. That's what pounded the table. Ibm pulled back to one. Sixteen last week. It's out one twenty-six Income. We'll go ahead. Ibm Of course. Five percent fourth between the Fed and the Treasury. Our government's moving heaven and earth to get struggling enterprises back on their feet. We know this because the Fed backstop carnival. Don't mean to continue to pick up on Quadra but it's pretty visible right on the street. Subodh offering at least according to the Wall Street Journal about an essential service yet. The cruise lines say the getting heavily booked for next year. We're forgiving people. The stocks indicate that they're right me my treasury still writing checks bouncing the big companies that got some of the money meant for small business. Thank you sector for doing that. You know I was upset about this fifth. The vaccine may be well. We get it sooner than expected. This moderna Johnson and Johnson in Novi Right. Now that's a short squeeze. Someone got hate that one regeneration GlaxoSmithKline with synovium these. These are all trying to beat this thing. That's a lot of good companies in the inner we can get antivirals. Keeps alive gets out of the hospital quicker with fewer for this. Well then that certainly not the justify reopening America for business long term that we do need a vaccine that could take a year or even two years because vaccines require extensive testing member. You're testing healthy people. You're giving him something that's unhealthy. A year is lightning fast. It took fifteen years for polio. Maybe two or three to five years for this could take two or three. Because everyone's working so hard. I wish we had the government coordinating Manhattan project to treat covert nineteen rather than released disparate. And he's trying to do it on their own but is finally at some point. You have to reopen because people won't be able to take the pain forever locked down a surprisingly okay with the people get it but is more and more people run out of money. It's going to get harder and harder. Maintain Ideally Congress would bail out individuals as aggressively as rebellion students. But again it is what it is. We don't want people to loser entire life savings though cash out all the stops and we need your kids. Go back to school so I have some reservations. Other countries have been able to reopen their economies because they have universal pre testing. We're doing better than that testing front. But we're still nowhere near where we need to be other countries you're doing rigorous contact tracing. That seems stillborn in here. In America even companies like Apple. Google have a fantastic plan and look. America has a strain of rugged. Individualism is in this particular case counterproductive in a public health crisis. Too many of us. They don't WanNa wear mass. Typically men look at this this vice president pence. He's the head of the Corona Virus Task Force. He's refusing to wear a mask even when he's in the Cova n-word at the male clinic. I'm calling that ill-advised yes marriage thing not much protect you from nineteen. But that's not really the point prevent infecting other people because you can still spread this virus when you have no symptoms. The responsible thing is to where that aren't mass on outside. It doesn't eliminate the risk and when I look at twitter people's got a million complaints about his shot up ever newses dramatically. I hate it. You hate it. Beat Stein. A thing that Al Mount Bachelor support even if we can reopen smoothly the need for physical distancing white battle sorts of businesses. No one's talking about come on restaurants gots bullhead through tables. There's no way to do that properly. Wants the money for the payroll. Protect runs out. Movie Theaters Stadiums Concert Venues. Large crowds are now public hazards so the business crowds are in big trouble lockdown or no walk down. Nfl I think he plays in front of an empty stadium with Abbott. Labs testing of every player quarantined until they come out of the tunnel to play against other teams to TV. Game now bottomline man. I'm trying to be an optimist. But I'm realized this. Dachshund running this week are cooked up. Stocks Cooper systems cooped up stocks. And they'll do better when we open so they're going to continue to run doesn't mean business will be good but ask yourself this will Simon Properties make more money or less money when it reopens forty nine malls that have been closed on. May First Exactly Marvin in Florida. Marvin Jim thanks for taking my call. I hope all is well with you. Well you know what it is. Yeah same here especially in Florida. You know my question. Today concerns draft kings decay and GM public last week. It seems to meet many of the criteria that you've sort of stock should have to weather this cova crisis you know..
Biden rallies establishment in bid to turn back Sanders
"Biden Wins. Every county in South Carolina from the hills to the C. Colossal victory in the first representative state. Is this the second day of the rest of his political life? Well it certainly feels that way. I mean look at the last forty eight hours. You have money which he hasn't had you've had endorsements you have people on the hill rallying around him. There's a Russian expression I think Peter might know it Success has its own aroma. That when you start winning that something happens that there's sort of an aura. People wanted to see him win. It's not just that he won one really big. And the the proportion of the African American vote the way he dominated constituency which is so important in a Democratic primary centene incredibly powerful message to people who had been wavering about him Peter Baker I recall a donald trump using biden's name a time or two in the past. Have you any evidence about how the president is processing the Biden Victory in South Carolina? I'm really what it may mean for the rest of the race. Look I think we know that the president would rather see Bernie Sanders. He's Kinda Telegraph that as his opponent. Candidates are notoriously bad picking their opposition. They they may not always have the right decision on that. But I see the contrast between the socialist and his version of capitalism as advantageous choice for the fall so tonight at the Rally. You heard him go. After Biden. Newly Resurgent Biden. Pretty harsh terms. He mocked him as feeble minded. Kind of has been ridiculed the vice president for his verbal gaffes lately confusing names saying that could be tomorrow's Super Thursday instead of Tuesday that kind of thing and he seemed to relish it but at the same night is trying to stir the pot. He's trying to get the sanders supporters. Upset whatever happens if he would lose if he were to lose. The president is saying is because it was a coup. That was the phrase there. Were he used today? I think on twitter because he wants to say they're the establishment is stealing it from Bernie Sanders in his view. He wins either way. He gets a candidate he wants and Bernie Sanders and a stark choice. Or you know. He gets a moderate Democrat to face but makes the laughter try get the left anyway. Upset BECAUSE BERNIE. Sanders did get what he says is fair do congresswoman. It's hard to imagine and fast forward through the history of the Democratic Party to a time where there has been one colossal consensus figure in the Democratic Party coming off his historic two-term presidency. He and the former first lady are often at the very top of opinion polls for most admired man. Most admired woman talk about the Barack Obama effect potentially on this election. Well I think it's a significant effect and I don't think it just rest with president former President Obama. I think you know when you look at people who were central to the Obama Administration now coming out in support of Joe Biden. That is in some ways telegraphing where the OBAMAS are and so. This shouldn't be a surprise me. We in some ways it would be kind of odd. Obviously if Vice President Biden didn't get the support of these allies of President Obama. We'd be all over that that. I do know Susan. Rice endorsed today among others. Well she did and I think that you know when you look at the range of endorsers especially today from Susan Rice and shoring up the foreign policy backing Joe Biden on domestically to have better work. Stand there along with Buddha judge or with char that makes a huge difference. Those are big signals sometimes. Endorsements don't matter at all in a campaign and we overestimate that but these were big Carolina. I'd like to read from you. The work of Jonathan Martin and Alex Burns over at your outfit very simply. The headline tells the story frozen in anxiety. How Democratic leaders leaders struggled to confront Bernie Sanders What is the story mean for the future potentially of the Democratic Party? Well it means a couple of things one if you look at that story part of the reason that they had a difficult time building consensus at that point around. Biden is because the campaign was really bad. The candidate was not reaching out to people as obvious as Harry Reid. The money was not coming in. Joe Biden was running in a very old fashioned way. He didn't have the base of say small donors and I think that story gets that and I think everyone should read. It is really the tension that might erupt if the Democrats are successful in kind of building up Biden as the Anti Bernie and prevailing like do they risk alienating. Some of the young people especially young men have gotten excited about Bernie Sanders to your first point. Sometimes people just like to be asked Harry. Reid came out in the last twenty four hours and endorsed but as they say that would have been nice lovely before the primary in his State. But actually you're raising a good point because today. I don't know if you've heard Biden's remarks he asked for people's help. He asked for their support. So somebody is sort of getting that message to him and Dunn Edwards a blatantly political question. What do you do about the split in the party? What do you do if you arrive at your convention? You'll be there and Bernie Sanders has slightly more of the delegates and that there's a group that wants to nominate Joe by first of all. I hope that we actually don't get to that point because I think it is really difficult. One and I would urge Democrats to stop running the Anti Bernie Campaign. They can run a campaign that elevates Joe Biden support coalescence around Joe Biden without sort of putting a knife in the Bernie Sanders supporters. I think that would be wrong for our party. And it certainly will not help us coming out of the Convention to have fully United Party. I mean Bernie has said that he's committed to that and I actually believe him on that point and I don't think he's GonNa be used as a pawn by Donald Trump. Should he not get the nomination but exit and that kind of exit is really important and so we have to figure that out? And I don't know yet whether burning might have enough to go into the convention and consolidate support and get the nomination. That could still happen. I do think for all you viewers watched Texas if Joe Biden does really well there I think in in Bernie a does well on Super Tuesday but Joe Biden has enough reason in enough momentum to to really challenge him in a number of places. I think there's a really good shot that we go and I'm not just saying this because I've dreamed about it as a reporter forever but that we go to a convention and have a contested convention you guys are on different teams just simply just because the anxiety for anti I get it. Zantac sales will spike Peter. I've got a tweet from Aaron. Blake over at the Washington Post again to keep things fair. Republican members of Congress haven't sent one tweet or press release mentioning Burris Ma or Hunter Biden since February seventh per alleged storm. One day after Biden Win South Carolina. Senator Johnson of Wisconsin sends this letter on a Sunday. No less Sometimes Peter the Republicans are Director. Never Ironic fifth well. Look you know. Burris wasn't necessary in the Republican. Playbook when Biden was down and out he was a fourth-place fifth-place finisher and the early primary states and they had bigger fish to fry at that point. It was Michael Bloomberg on the rise Bernie Sanders on the rise. They were focused on them. Now Biden of course is resurgent. You're going to hear a lot. More about Burris men Hunter Biden. And that's something that Democrats have to take into consideration is they picked their nominee because it is a subject. They're going to have to address the fall. If Joe Biden is their nominee either got to figure out how they're going to answer it how they're going to defend against going explain it. Some of these things can be dismissed as well. President trump was exaggerating. But there are some things that are genuinely troubling to a lot of voters even Democrats who have been disturbed by by some of what they've seen so this is a big factor in a way the Republicans are trying to stir the pot here before Super Tuesday. But it's a reminder that we're playing we're not playing ball and this is going to be a big contest come the fall. Whoever's the nominee Peter you're around to cover the Obama White House year among the former presidents biographers when people ask you what you saw of the relationship between President and Vice President? How easy was the relationship that kind of thing? How do you answer? That's a good question. I didn't start off that easy. In fact these are two very different kinds of personalities. They came from different generations. Different backgrounds different experience levels different introvert extrovert kind of ways of dealing with people but over the years they were together they really did bond in a pretty significant way. I think certainly you saw that by the time. Beau Biden died and Barack Obama gave the eulogy at the funeral. That was about as close a bonding moment as you can imagine between two political figures that doesn't necessarily mean he. He thought that Barack Oh so he thought that Joe Biden necessarily the best candidate to run this year. I think the Rock Obama had his concerns but now that we're facing a choice between Bernie Sanders and one other candidate. You can sorta see as as you put it as Kelly and her colleagues wrote the subtle hand of of Obama coming into play here which clearing the field to some extent of the the other Moderate alternatives that is a biden versus sanders. Kind of contest. Everybody Strap in Super Tuesday star. Hours are great thanks to Peter Baker to Caroline Ryan to Donna Edwards for starting off on manic
Centene CEO Michael Neidorff Discusses the Market with Jim Cramer
"Care stocks just aren't getting enough credit for the incredible fundamentals especially best offers like united health group seventeen she's a big administrative government sponsored health pets sure enough two days ago seventeen reported what I call a Nabokov quarter meaning not is fear while the company delivered a nice top and bottom line they also missing some key line I'm so we can over that medical cost ratio found that little niggling frankly the percent of the premiums they collect it goes to paying for healthcare but because the managed care stocks have and crushed by Elizabeth Warren worries and number was all they knew sock exploded higher than the new surging six point five percents single session teens now rallied nearly fifteen point from its lows getting month although it's still twenty seven points away from its highest stock is picking up some members so let's check in with Michael Mayer is the chairman president CEO of seventeen and my favorite healthy. are executive now that he's finally recovered from the Saint Louis Cardinals stinging defeat at the hands of the shocking Washington nationals but you're not going to make money the driver manager okay let's you so much for coming on this quarter was really what odd I think that you just get better and better when this next he'll closes right doing because you've really got a momentum enough and you also announced the by that which I think was great during sign there's a couple of I this was the ninth clean quarter we've had and the other eight we went down for Novi in my mind volatility with her this this was a very good quarter the buyback we have the optionality now that with the proceeds from the sale the socks the copies were divesting and we now have the option retired that or by backstop if we cannot like to buy back stock as a way to for the investors you do want to do well here's what I'm thinking there was a piece in the New York Times Tober eighteenth twenty nine thousand nine how pending decisional bomb care could up in twenty twenty campaign there's a very big federal appeals court decision coming very shortly could happen to this evening for I know we're going to be a lot of misunderstanding at I'm not sure of US knows which way it's going to come out but there are situations which could be very advantageous for seventeen that people nate misjudge but which is by stock when I we called WHO's our investors today we called when the Fifth District Federal Court was going to rule the way they did right now we think there's a chance that the appeals court could turtle we we know that if they don't it's going to the Supreme Court and we think Supreme Court were overturned not five four you'll be sixty or seventy two so We're hoping that the Federal Appeals Court Fifth District does reverse it they do it will just take an over here out right but you I'm presuming you're saying I'm too would be in favor of the four healthcare which absolutely it is the exchanges are shocking people right they're actually doing we're they're allowed to flourish they're flourishing in caution going down people like him and we'll retaining the individuals longer than we historically have though we're down about one point nine million we were staying longer all the time and we have eighty percent of the people each year renewing from the previous year so it's a product like it's where people want to walk in with an insurance card not for free care don't you think that there's been a miscalculation in the big broad presidential debate and lately just in the polls from CNN the other day it looks like the American people are waking up idea that maybe it will cost too much and maybe the care would be subpar on this single payer I was just looking at every other country you go to England they've had single payer forever and there's a private system equal in size for every time a politician I've said it to you before it's too much politics not policy right I tell them why don't you go practice on the postal system no you've had the postal system the private system they'll this this system is working people care they want a couple of employees in Italy and one of my employees contain costs in a single payer is withhold services I've had people in England Germany France as us to open up medical tourism spots in the former Eastern European bloc so they can go get the knee replacement of what things they can't normally get one more fast sure have to confirm this there I believe there are about ten times as many M is in Canada as find the Mayo clinic in Rochester Minnesota thing about this what that means if this four if there's seventy four in Rochester some of that nature there's only even forty two whole country I mean is there so's dynamics that's great numbers on post road now I go through this gigantic acquisition welfare I don't know how do it for instance I was okay so where are we now it's Illinois in New Jersey I mean every state do you have to make a presentation every state in why can these two states hold you up well they're not they're not going to New Jersey they seem to be last that's okay they they're going to the review right now there are some some things in Illinois it's virtually going to be resolved any time now I it's it's a clean it's very clean acquisition okay now the we're working with justice I any trust any trust is it's hard to see who's the states can decide how many players they want anytime and what the rates are okay what question do you think that people are beginning of when it was warn really raises less corn and more hell are people actually starting to get frightened about the the dollars that will cost you think it's starting to sing I hope so because the numbers I've seen that that single payer program Medicare for we'll have somewhere between twenty five and thirty eight trillion dollars over ten years here's the budget for ten years is fifty six trillion dollars they get about what that means there's the whole country would be it's it's it's I've said it many times it's politics not policy and you know it's very easy to have a soundbite medicare for all right it takes a lot of paragraphs explain bad all right that's great because you've been a source of wisdom and also whatever win what we're going to fail you told us to succeed now people want them and my family members included all right that's buckle night on Sherman President the CEO of seventeen
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"He pay Donohoe's well-respected so the fact that he's leaving the softwares of service industry did make investors nervous of course fortunately to close last night service now reported a fantastic quarter about them as Dobie salesforce spunk Twi- Leo Hub spot five nine disease rain central and Diana trees got a twenty six teen scenario on our hands and not a twenty eighteen one through in Texas drew how you doing true I couldn't be better how you doing well got a question for you today you talked about this stock a decent amount I got some news a couple of weeks go I eight feet core there now finally planning on spinning off match group wanted to get your thoughts I think it's an incredibly inexpensive stock I've always been jor fan I think that IC- whenever the stock comes down I don't know if you've noticed we always cheer suggested you buy some and boy am I ever not giving them pointing now I I know that people were down they kind of did the match spinoff this thing sells it incredibly cheap mobile giving all the different acid has a bar call me a bar I would they go to Patrick and Pennsylvania Patrick First and foremost thank you for taking the magic out of the stock market and making regular people feel like they know what the hell they're doing thank you I just want to inspire enough confidence because everybody else's so busy you try and tell people don't say our that's never how I've taught and I like to be constructive how help well I bought into Mongo DB my average buying price has got me about forty nine ninety nine close today about one twenty two and change two questions one do I do I run the register and I I'm a the bulk of my retirement accounts are ready water vanguard index funds nine hundred laughable air kid and US pond I read the register and rolled-over in there and go back to sleep or do I keep buying in because they've got a pretty good trajectory about twenty six months they dropped off of their high he's reading a lot you've got a lot I like to take out the houses money so on this Saddam predicting I want you to take out a of it and then put that in index funds into keeps going back to its all time is up another quarter then you just let it run and relations to start buying quality names but were mad money at seventeen is soaring after earnings with the company building momentum to a series of acquisitions is consider the healthcare plan I'm talking to the CEO then as worries about the global economy not make headlines isn't time to circle back to the utilities I'm talking since this week I've been telling you that the managed.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"But if you can buy these stocks were volunteering to go over the top of World War one I mean you're begging to be mowed requests for profits the prince they blew down average more than twenty five percent for the respective us out coupe is held up better than the rest as we bad it's only fifteen percent which means the stock still more than double says the beginning here new relic Lucerne which new relative and again I it's the worst of them forty five percent from its highs which has sent the stock deeply into the red for twenty some of these really frustrating people Atlassian it's business collaboration so for play that much just reporters strong quarterly this week got hit hard on news ain't GonNa Taste pats shed nine point Salinas better-than-expected numbers that said most of the cloud princes had run so much going the cloud aristocracy the declines been smart sheet Viva Systems Zen desk and Heather Games Z scaler then plummeted more than thirty percent hi with a big chunk of their pain come in the last but that is painful saying same goes for the cloud socks from the IPO class at twenty thousand seeking forty percent from there is this pinnock brutal sell off underneath all the just pl- acidity of the averages so these names come down enough to be enticing GONNA put in some contexts you do that we've seen these before this is the cloud coworker got obliterated during the mark white so late last year but that turned out to be a terrific buying opportunity this same thing happened in early twenty sixteen inch a couple of extremely high profile Mrs from Tableau Software subsequently bought by salesforce and linked in subsequent what by Microsoft not mentioning offers a service. Ps what can they tell us about the current situation okay. I'm not been archie but listen to this. During last year's meltdown the stock the cloud software cohort fell thirty two percent from peak Detroit off over a period of seventy six days compare that to right now this group was now down thirty three percent as of yesterday having hit for one hundred and three days in other words basis the last big breakdown you could argue cloud stocks ready to bottom coming into today's session but before you get your hopes up we need to consider the two thousand sixteen scenario when you look at the cloud stocks that were publicly traded back then they racked up an average of forty six percent declared b twelve even the best of them adobe lost twenty six percent of its value was Louis Panic while you still get an amazing by team when you got to be patient wait for the Cornish unfold many people started too early the question is does occur breakdown look Berlin two thousand sixteen in two thousand eighteen hard question well okay last year's meltdown had nothing to do with the fundamentals it was all about a change of sentiment debate the investors ring the register in the winner's cloud crash in two thousand sixteen on the other hand was in response to pair shortfalls like I mentioned tableau and linked in you could argue they weren't can the cloud tableau Israeli is still an on premise software provider. I mean Lincoln's business oriented social media network but there was a real negative catalyst I remember how much salesforce went down this breath until last week I would've told you the latest softwares of service sell off is a sentiments story like what we saw in two thousand eighteen however after what workday said about the glade is last week we need to be a little more alert for signs of actual we said we also cut movies and be optimistic aftertaste protect rally think about this I think this run was auto even though he's moved ninety three people out but you know we've got an able replacement term it terrific track records former CEOS.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"Now Twi- Leo VM ware and worked it used to be red hat remember popat in their performance has not been very regal of late frankly on average the keizer down twenty one percent from their highs earlier this year well some of them have been slammed by the rotation for good reason project but workday CEO and he'll butchery whom I think he's terrific he wanted to see the day the company's going to quote this definitely seeing some delays in the closing deals at an investor event last week the stock points from one eight hundred sixty two day four days now and bigotry Tori for the your unusual by the way even the cloud kings with iron clad fundamentals have been poor performance salesforce which you know isn't Kramer Favorites Chapel Trust it's down eleven percent from its highs it's only up eight percent for the year so you give lagmay twenty percent game for the S. and P. Five hundred over the same period how about the cloud princess the best run of the smaller your service place coupons offer hub spot Kramer Families Save OCTA new relic Atlassian they're like the cloud kings but earlier in their life cycle so off that they are still up some stanchly for the year we're talking forty one percent on average not bad top McCain I like Abbas.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"Ben I'm searching through the rubble of the software stocks and telling you could finally be the time to buy and I know many of you are beleaguered and then had talked ten Bernie Sanders Elizabeth Warren candidacy of course some concern for astor's but could the company's most recent quarter single time the recent buying I'm sitting down with the CEO so stay with Roemer it can come together who else is winning in China Lam research the giants look you make talked about the show it's a nice have it last bottomed or is it merely dead cat bounce sellers take a moment to reload I think we've got a lot more recently constructed than we did a month ago mid-september we conducted a damage assessed review where I warned you that cloud court had further to fall recommended dumping most of them and then certainly things are wagons around the highest quality offers a service companies the ones with the.
"centene" Discussed on MAD MONEY W/ JIM CRAMER
"On I don't know how many cylinders just awesome thing mazing CEO such as expanded into all sorts of new businesses Mexico's now taking chill left and right the same store sales growth that is very impressive especially when you know it's driven by seven percent traffic that's one new people in the stores yet the marvel at the performance of two big industrials honey take dollars but they do have a lot of airspace which could get a little bit if you bones problems drag on finally how can you not be impressed by Pepsico and Coca Cola both of which are at the top of the Games on the cops called each about innovation not the Fed not the trade not this loader how about the companies that are seeing a downturn though but have managed the most of it here I'm thinking about Costco and Walmart they're using the pressure from the trade wars to crash through competitors these big box stores have always shine with treasure huntly out or in everyday low prices even though they have to source immersion guys from China at least some of it they have the scale and the scale that would be able to demand better prices from the suppliers rather than eating the cost of the themselves passing them onto you seem target by the way I think all three can be bought here I don't know if you caught southwest airs Gary Kelly corneal squawk on the street wow but this man and his team have been dealt a really bad hand by Boeing's seven thirty seven Matt's woes get South West as to numbers I know it has to be tough especially since one of their upper markets major markets Texas has been bruised by oil oil prices didn't matter telly put very good results in spite of the environment or how about the rails did you hear our interview yesterday I mean I thought it was amazement Jim foot he's from I couldn't believe how well this railroad all is doing even though most of his corridors are headed straight downhill Houston this remember what puts what is secret to success was just run a better railroad it's all an execution work then there's lamb research L. R. C. Axe after capital quibbling land knows times are tough slowdown in equipment but flash memories coming on strong who knows what will how people react to the microprocessor strength in Intel this very evening but that's how these guys at lamb could report such quarter and if Lampkin hit the mid point of its guidance for next year this could be the second best calendar you're on record in terms of earnings in a slowdown and that's spite the fact that more than half of the book of business has been hurt by an immense declined yet. CEO Tim March believe just predecessor. Kramer Uber Fave Rick Hill all he brought back a monster amount of stock at the right prices lamb has unseeded with today I'm serious lambs unseeded supposedly as the best performer in the S. and p. five hundred what else hey let's not forget about JP Morgan how the heck can they make so much money in environment is supposed to be talking to the banks I think the franchise is so strong right now no bank in touch him when it comes to profitability for certain right now Jason where he might be the cheapest doc in the Dow relatives growth rate the coverage remarkable and even when you try to get other back bankers to knock CEO Jamie diamond they simply won't do what about the companies that are merely treading water I think Dow Chemical I no longer think that tie can keep holding down this bountiful stock battlefield fit five seven percent yielding stock if you're looking for income we now feel more confident that Dow chemical stock can hang in there even more difficult global connery finally who seems sadly at the mercy of the Mall I'm in my I say Ford motorist really truly struggling like the Little Dutch boy with the fingers dyke they're in bad shape in parts of the world even worse even worse than four you've got three so many of its end marks markets seem to soft and I think China's become a real headwind for them to be a tailwind for ages the bottom line when you look at stocks earning season these are the buckets you need to be sorting out into who's doing so well they don't notice the Environment Who's thriving inspired the environment who's treading water and who's getting steamrolled would you divvy the corporate world up into those categories there's a lot to like but a lot to avoid why don't we go to Fabio in New Jersey gate a tier two months ago as a long term investment twenty twenty and beyond do you still see potential in the stock and should I buy more old or South is very disappointed I mean these yes you're way behind the eight ball trying to do a lot of five g. they remind me very much frank frankly you have a blackberry I'm going to say no it really was quite discouraging scourging and just shows you how much headway is how about an Nile please Ed yeah Jim about a year ago the market seemed little bald so I thought I'd had my investments by pretty the and to a producer of gold and copper okay McMoran bright and I just want but it's been losing money ever since and they didn't meet their last quarters and estimates and wondered whether I should sell it out take my lawsuit and reinvest or hand look we've not nice people the earning season you're required in divvy up the corporate world into the categories telling you to do there's the light don't miss a second of mad money follow ask Jim Cramer on twitter I have a question tweet Gramer Hashtag mad tweets send Jim Email to mad money at CNBC DOT com or give us a call at one eight hundred seven four three Ziegler BC there's something Ed Tha mad money DOT CNBC DOT com.
Island residents excited about MacOS Catalina
"Hiring isn't easy but there is one place you can go where hiring is simple in smart that place is ziprecruiter where growing businesses connect to qualified candidates ended its try it for free at Ziprecruiter Dot com slash tech talk ziprecruiter the smartest way to hire every year apple updates its operating insistent for desktops and laptops by naming it after a wonderful California institution this year. It's all about Catalina highland. That's off the coast of Los Angeles. It's one of my favorite places in the world and the people in Catalina are pretty excited about this exposure. I mean it's not just the name it's every time you turn on your computer. You're looking at a picture of Catalina unless you change it well. I recently had a chat with Greg Bombard. He is the president of the Catalina Adalina express the bolt line that takes people from Los Angeles to Catalina. He's excited. Listen in on our conversation. You know when it goes out like picked this to so. Many people is going to be an island that a lot of people don't even know about. I'm sure that it helped the other locations. They picked this year so you know lobby and the earlier ones It's gotTa be good for the island. It's gotTa be good for you know marketing and and I just believe that Catalina is kind of unique and mysterious anyway so I think people once they find out about it it'll get him to take a look now. How many people ride your boat on a daily or weekly or monthly basis annually. Eh move about a little over a million million two varies between net that mark will be a little bit office year due to the rains that we had early on on but that's something southern California needed in a real bad way and especially island. It cleaned up the drought situation so now we've got good water We've got got good management team in Edison working with that and I don't think we'll see that again right away and I hope we're in a little bit different. climate anyway that it will get our normal you know ten to twelve inches a year that keeps you. Allen Really Green and an exciting place to come in you know whether you're hiker or a biker or you know just enjoy the island itself and taking an tours or any of those types of things the island Armand is really different in the springtime it really gets Lushan and the colors come out and it's kind of exciting and then for summer the water warms up and you know it's it's a great place to dive and and a lot of other sports. Let's see so matt. They sell about Gosh. I think it's a under twenty million new computers every year and who knows how many people will upgrade their software so can you handle can you could you handle hypothetically two million people bowl on the boat sure sure no say if they came our way because the biggest crowd we have is July July and August when they're you know when the kids are out of school and when people are a little bit of a vacation but you know the whole rest of the year we've got excess eating and we'd love to see the island get a little bit stronger in the shoulder marks meaning the fall and the spring lots of room and in the winter. It's still a great place and in southern California is to me one of the best climates there is in the world so we're never really you know cold or a rougher any that we a little wind here and there but average just gets you know it's just a little different during that period but exciting. NCR people who come and go from it. How big of percentage hike do you think you'll get. What kind of boost do you think you'll get from the from the Max offer anything. It's five percent one percent centene twenty now we. I guess we'd all love to think it's going to be five percent or ten or twenty but really hard for me to say We're just open the best and and I think it's unique situation that it's not something you know have had an opportunity to do in the past after this could be very unique very different and it'll be interesting. I think what this out will get. An idea of just by the call volume or the information will call volume that we'll see where that that Kinda head. I'm Jefferson Graham. You've been listening to talking tech. Look for me on twitter where I'm at Jefferson Persson Graeme. Please subscribe to Talking Tech. Wherever you listen to online audio and I'll be back tomorrow with another quake hit from the world hiring can be a slow process cafe all tour. Coo Dylan Moskowitz needed to hire a director of coffee for his organic coffee company but was having having trouble finding qualified applicants so he switched to Ziprecruiter Ziprecruiter's technology finds people with the right experience and invites them to apply to your job Dylan in posted his job on Ziprecruiter and was impressed by how quickly he had qualified candidates apply and in just a few days he found his new director of coffee with results like like that. It's no wonder four out of five employers who post on Ziprecruiter get a qualified candidate within the first day see why Ziprecruiter is effective for businesses of of all sizes trust Ziprecruiter for free at our web address ziprecruiter dot com slash tech talk that Ziprecruiter Dot Com Slash T. E. C. H. Zhou T. A. L. K. ziprecruiter dot com slash tech talk ziprecruiter the smartest way to hire.
Centene Acquires WellCare for $17.3 Billion
"Company santee Inc. Announcing plans to purchase a managed care provider will carry health plans Inc and deal value as seventy point three billion dollars will care shares rising twelve point six percent while Saint stock failed by seven point nine percent.
Purdue Pharma agrees to $270 million settlement in Oklahoma opioid case
"One of the big drug companies at the center of the national opioid crisis. Reached a major settlement today with the state of Oklahoma under the deal announced this afternoon Purdue pharma, and it's owners the Sackler family will pay out two hundred seventy million dollars over several years. The bulk of the money will help create a new center for addiction treatment and research in Tulsa north country. Public radio's Brian man covers opioid litigation for NPR, and he joins me now. Hey, Brian hails. So at this point Purdue pharma faces something like more than a thousand lawsuits across the country. What makes today's settlement? And Oklahoma's so significant right? So Purdue pharma makes us really controversial painkiller Oxycontin. They're drowning in lawsuits. This isn't the first settlement. That company is reached during this big opioid crisis. That it comes in a crucial year at a time. When people are watching to see if this company will start. Cutting deals with states and local governments to limit its legal exposure. So this is a big settlement will be looked at as a potential template for future deals all over the country. So what does this was this deal? Look like, what did Purdue agree to do? The big piece here is Purdue and its owners the Sackler family will endow this new center at Oklahoma state university and the idea is to study opioid addiction and find new ways to treat people. Here's my counter, he's a glaucoma attorney general quite simply we are out of time to deal with this crisis. The money from the settlement will provide significant and substantial funding to the center for wellness and recovery here. Allowing us to focus our attention on what should be our highest priority. Americans struggling with addiction. But the Sackler family and Purdue have endowed other medical facilities and pain treatment centers around the country. Right. So are they doing the same thing? They're already doing as part of this legal settlement. Yeah. It will be interesting to see how people react to this part of the deal. There are some differences. Of course, the Sackler won't have their name above the door at this research facility, like they do at other places where they've donated a lot of cash pretty also has agreed to pay more than twelve million dollars directly to local governments that are struggling to respond to the opioid crisis. And one other thing, that's key. Here's the company has agreed to to really strict new limitations on how they market and sell drugs like their Oxycontin brand in Oklahoma. I understand that produce CO Craig Landau has been talking recently about the possibility of bankruptcy was that even a consideration. In today's settlement. I think it was a big deal. Mike hunter, Mahomes attorney general said point blank that talks with Purdue were very much spurred by these growing questions about the company's future. So. So Oklahoma effectively negotiated here to get to the front of the line to ensure that they'll see some compensation so what's producing about today's settlement. The produce spokesman Bob Josephson Centene PR statements saying this resolves all of Oklahoma's claims against the company. He also included a separate statement from the Sackler family that includes this, quote, we have profound compassion for those who are affected by addiction. But this comes at a time when we've learned a lot of troubling details from internal memos and emails about how hard Sackler family members who were on produce board at the time pushed employees, urging the to sell more of these dangerous opioids to more people at higher doses. This was at a time when tens of thousands of people were dying each year from overdoses on painkillers like Oxycontin now. Just really quickly. There are still some other defendants remaining in this Oklahoma case right trials still set for may. That's right at my counter says he's negotiating with those companies. But if settlements aren't reached he says, he will go to
US crude tumbles 12% from high as oil bulls retreat
"And and anytime you see the stock market going wildly up and down like it has been the same thing's going to be happening with the price of oil because that just creates uncertainty in the market and investors and crude oil traders in crude oil traders in any other commodity or in in stocks. They don't like uncertainties. And so that's a big reason. Why? You know, we have seen this drop. Whereas the previous nine months, I mean throughout the course of this year through August. We had some of the lowest levels of volatility in the crude oil markets I've ever seen frankly, I mean just night and day compared to twenty fourteen three twenty seventeen. Just the steadily slow rising. Crude oil price getting up into that seventy five dollar range, which is where by the way, the OPEC oil ministers want it to be they want Brent brand around eighty dollars. They want. West Texas intermediate to be around seventy five and so they had gotten it to that level. But then all this uncertainty hit about one of the big factors. That's going on right now. Is is uncertainty about what's happening with China's economy. There is a growing I think conventional mindset among economists that economic growth in China is the the rate of increase is slowing down. You know, it's no longer growing seven or eight percent. It's growing more like four or five percent like our economy. And and so when you know economic growth drives demand for crude oil, and if the first of this year, the United Nations the International Energy Agency, they they do projection for what global crude demand is going to be the growth in crude demand will be in the coming here. And they said, okay, it's going to be about one point two million barrels a day, you know, ear over year. So at the end of this year, they projected that crude demand would be one point two million barrels higher than what it was. At the end of last year. And then we got to may and economic growth was really stronger than they anticipated. If you remember we had four percent growth in the United States in the second quarter, which was very high compared to the last eight or ten years, and and so they revise that up to one point four million. So they sought okay, economic growth stronger. So we're going to say we're going to have more demand for crude. Well couple of weeks ago. They said, okay. You know, maybe it's not that much stronger and looks like China slowing down. So we're gonna take that projection to be back down to one point two million and OPEC does their own projections. The US energy information administration does some projections like that. And so, you know, everybody's going up and down those, and it's all because it's just based on what's what is happening with economic growth, mainly in China, but also India, Indonesia, separate ram countries and here in the US. And David is so important because I don't think that we who are outside of oil and gas. I mean, if you're inside oil and gas, you kind of get this, but outside I don't think a lot of people really understand that it isn't just affecting if we're fracking here were doing hydraulic fracturing. We're doing we're we're exporting were importing deserve world commodities, and what's going on around the globe affects prices here too. And it's also regulation too. Because when you were talking about how we're paying a lower price here in Texas. Well, it's so strange you say that because my son actually who lives in Las Vegas sent me. A snapshot of the prices over there in California. They're they're paying at the pump. You know, they're at five zero five a gallon, which we would probably just blow a gasket if we were paying that kind of amount per gallon. But there's things regulation that matter. And so this is why I think that when we talk about on our show. Oh, how oil prices how good? They are how they affect us as every day with rather it's economically rather. It's pertaining to your job these things matter and oil, and what's happening in the market does matter, and we need to understand it as well. The reality is in California, they want their government has as intentionally developed those as you say regulations matter in and that is an intentional effort in the state of California to make gasoline more expensive to consumers in order to promote the adoption of electric vehicles and renewable fuel so so that's a conscious decision. California's state government has made and you know, our heart government here in Texas has made different decisions. Very interesting. Well, you know, we also have. Commissioner Ryan Centene has gone into partnership with in the oil patch radio show, and he produces every day these segments called the in the oil patch energy minutes with Commissioner Ryan Sitton, which of course, we know is one of the three Texas railroad commissioners, and you know, every day we produce these on our Facebook page. So anyone who has liked our Facebook post or goes in and does like our page can actually get the updated in energy minute from Commissioner sent in every day. And they run on iheartradio to for people who listen to KTAR h in Houston and others stations around the state, the energy minutes, Ron on iheartradio with those stay exactly and Midland station in Midland. You know, and we know why I think we were committed to doing this is because again, if you get a snapshot of everything that's happening today energy and Commissioner sent and puts it in one nice little minute package for you to understand it gives you a really quick. Synopsis of what's happening
Remembering Nelson Mandela
"Today marks one hundred years since the birth of nelson mandela who went from lawyer to nc freedomfighter from political prisoner for twenty seven years to president of south africa events celebrating his legacy being held all of the world this week yesterday afternoon former us president barack obama addressed the crowd in johannesburg as he delivered the two thousand eighteen nelson mandela annual lecture that's what we need right now don't just move one leader we don't just need one inspiration what we need right now is that collective spirit and i know that those young people those hope terriers are gathering around the world because this shows that whenever progresses threaten and the things we care about most in question we should heed the words of kennedy who spoke here in south africa he said iran sir is the world's hope it is eliah inspiring words from bomb and been echoed around the world as we commemorate the life of a great leader there's also a new book out mandela his essential life it's more than just a biography the authors pizza hain the south african british politician who was not only a leading antiapartheid campaigner but also a close friend of madisha i else mandela has left us what his legacy is illiteracy of leadership based on integrity commitment to social justice equality human rights and a selflessly ship in which he's not seeking to promote himself as too many leaders in the will today do we will think of them the very highest level scroll men of the will today who don't have his principles and his selflessness and his common humanity but are out to pursue their in sectional interests i think that leadership and that courage in that willingness to sacrifice for something that you believe in as well as importantly continued connection with people because often when people get to the top of that particular area of life with their rockstars will sports people politicians or will leaders they get remote from their it's nelson mandela nick evident that i'm serves i think as an example to anybody else at the top of life with its politics government anything else not something that continued within the south african political leadership though no it's not one of his successes president zuma betrayed nelson linda and everything that monday stood full through his corruption cronyism and his shameless looting of the country thankfully into that chapter but it's still hangs over the system it's deeply embedded in the whole society it difficulty radically that kind of cancer but understood aroma poses leadership is the president's who replace president zuma earlier this year i think the country's back on the monday at track but i think the centene results and opportunity to reflect on his extraordinary life and that life of the prime of is existence spent in risen for his beliefs and yet coming out in a way the united the nation bitterly divided on the brink of civil war between black and white the economy on the brink of kale says it was in nineteen when he walked famously to freedom and to commemorate that since in ria we've got an exhibition in the queen elizabeth hole of the southbank centre in london yesterday by the duchess of sussex harry and meghan and it's an opportunity to remember to understand in a marvellous exhibition also school trail for young visits is what his life was about an tells his whole life in exhibit form says reflect on the values that he stood for and the campaign in a struggle that you yourself were intimately involved in he led a lot of the antiapartheid campaigning from here in britain ati were forced into exile as a teenager yes particularly on the sports front by stopping all what springbok rugby and crickets and other sports teams from touring the will by physically stopping them as we did in nineteen sixty nine seventy propelling what's africa into sporting isolation because they all given i made at the time very unpopular with most rugby fans and cricket fans at the time i was bitterly opposed at the time not just by the opponents state but here in britain especially in the sports community was that normally sports teams like the england's in that's done so well in the world cup is selected on merit not selected on the color of your skin so i'll have it was the only country to practice that institutionalized form of upon slate that was rooted in its sports system it's club system school system right the way through to its.
"centene" Discussed on Stance
"Did you think that some was going to take up did you kind of do as a bit of provocation i was asked to write a provocation i mean that was the actual word i this was the commission i received from writer centene norwich and this listen you know what you getting riled up about and i said stuff around women and publishing and this had write a provocation so i wrote something and what had written was originally just talking about kind of gender imbalance had goes on around things like prizes and review space and not how many women are published with the kind of seriousness with which women writers are treated as busa men writers and i wrote the first draft an an a very lucky that the edits on it was a wonderful ele or free and she read that first draft incentive beckmann said it's a provocation be provocative and i threw it can i do and i thought already let's make a bull gesture the year of publishing women seat publishers have a yo when you only publish books by by women and as his writing i thought it's actually quite a good idea but no one's going to do it and so an ana the story said they would i was really delighted but the ultimate also really pleased me was the jamie bing who runs gannon gays they didn't take it on but he said you know we couldn't takes on because we have commitment to me rightists be publish in those years he said but it changed the conversation we had around the table and we started to look at who were publishing and how we make decisions and that was really pleasing actually and it's an interesting time round non publishing because i think the gender stuff has been talked about race has been talks about i'm really pleased of classes beginning to be talked about because actually that's the really big one so that in even when people talk but diverse team publishing the pull out the name of writers from asia and africa and all that and i'm looking around the names that they mentioning it which include meat i'm thinking none of us a workingclass so you really if you'll untold diversity units took all kinds it reminded me of their might move your book for an insult which alois about kind of cost difference and privilege and social hi rockies you're not from a w.
"centene" Discussed on WJR 760
"Doc so here's a here's an example of a patient that i have who's taken advantage of that promotion she has a major deformity to her face after multiple reconstructive procedures for reasons i shall not reveal she has a symmetry between the right laugh she has as a deformity in the sun center part of her forehead and the severe loss of volume and the right and left cheeks and she's not a surgical candidate she has she's a smoker and she has long in cardiac history so she can go under general anesthesia for any type of corrective procedure at this point she elected to be rejuvenated using fillers as opposed to fan which would require surgery she's doing four to six injections this week to help improve symmetry so it's not just for cosmetic it could before improving symmetry and faces it could before ruling that deep pulled around the i four in giving that volume enhancing the volume beckoned to the cheeks wiping out there needs to leave you'll folds in many others so that's for that's what we're doing with volume enhancements our first promotion and we also have a holiday special the i love this this is free surgery four pinch were replies to which we had a whole show he had indicated to binge buffer apply see but tell us how this works i did too on friday okay okay so 'backtoback i did too on friday it's very popular it's so local anesthesia were basically the traditional way of doing eilot surgery is route by going through the skin in through the muscle down through the middle layer into the fact compartments which caused that bulging puffiness around eyes net puffiness is from the fat bulging into the islands so if the traditional way of doing it is during the full thickness right that causes a longer recovery period you more longer swelling now we're doing the pinch where you're pinching the skin around the island with the muscle even the center the metal layer of the eyelid in in in place not touching it and you tuck it in underneath the eyelashes if you have to do anything with the but the fact compartments you go on inside of the eyelid and you grab some of the fat and remove some of that puffiness by leaving that mental layer grabbing outside from the outset in the in centene then signed have you districts the.