35 Burst results for "Jim Cramer"

Jim Cramer &  Rob Maurer Discuss Tesla's Q2 Earnings Results

Tesla Daily: Tesla News & Analysis

01:55 min | 3 d ago

Jim Cramer & Rob Maurer Discuss Tesla's Q2 Earnings Results

"Famer here for special issue. The street live and talking all things. Tesla we've got tested daily host and tesla investor. Rodney our rob butcher skit. Right to it The earnings completely. Well it just say they obliterated yes the but the same time i have to ask you elect guy. Did on squawk on the street is somehow the magic lost. Because this wasn't good quarter. I mean i've got the same question for you jim. I'm sitting here. And i'm seeing the stock down to three tenths of a percents and i'm wondering the same thing. Tesla beat revenue by four percent. They beat earnings by more than fifty percents and the stock is down. So you know. I'm a little bit surprised honestly. Because i think tesla did crush it. Maybe some of the comments on the earnings call weren't what investors were looking for but Yeah i'm definitely super happy with the results personally. I think that when i saw the numbers they were terrific on the call I described the the com school as pedestrian knitting described manufacturing processes and he described guide the same thing that ford gm say which is supply chain issues semiconductor problems. Is it possible when he says that synagogue shortages this quite serious that it's actually maybe for the first time i'm hearing under promise. So maybe overdeliver if he gets those semiconductors i definitely think that's part of it. I also think you just want people to appreciate the challenges that the industry and tesla's dealing with right now And in light of those challenges just setting the results against those they're even more impressive I think probably to some extent. That's what he wants trying to get across. Obviously he you know doesn't necessarily word it in those terms He's not really about the short-term stock price but I think that's what he's getting at is just how difficult things have been and yet. How successful tesla's ben In that sort of backdrop

Tesla Rob Butcher Famer Rodney JIM GM Ford
DeFi 101, Yield Farming, and Building Crypto Communities

CRYPTO 101

02:23 min | 2 months ago

DeFi 101, Yield Farming, and Building Crypto Communities

"First of all i want to say thank you to all of our listeners. Or making crypto one and one podcast part of your weekly routine and also driving us up the charts bryce. I don't know if you even know this. But we are now in the top twenty cripple podcasts. All united states business ahead of some things even like jim cramer's mad money. Know what what. Your time misspoke. We're not the top. Twenty of the crypto podcasts. In the us for the top twenty business pod guests in the us. That's right that's right so that's a new hole for us. We're official people are paying attention to what we say. We have to be careful well. I think it has anything to do with us. It's about the market in about the kick ass guests that all come on like our guest. Today they are the real stars of the show. And i'm really happy that we've got someone else who goes by a moniker. By pseudonym we have read from the harvest finance community the community manager. Welcome to the crypto one-to-one podcast. Hey thanks for having me. Now that we've got The world watching us. We're gonna talk about some degen stuff. Really get people what they need to know to be successful in this world. But we're not gonna talk about doj we're not gonna talk about The latest Cute coin that's we're gonna talk about some of this actually delivering real value. Some honest work. If you will Give us the origin story of yield farming. What is this who came up with it and then a high level. What's actually going on here. Why i don't know exactly who invented you'll farming per se. I think it was really popularized by andrea kranji when he learned Launched the the wiron in product which is basically kind of like under this a fair launch paradigm. Wear instead of an aco an initial coin offering. Where maybe a project was trying to say. Hey here's our project will sell you a bunch of tokens with andrea crown. Jewels project. you could just deposit some liquidity at that project. And then over time they would reward you With ownership tokens or the governance tokens of the wire and platform without actually having to exchange like your valuable theory him For with potentially could be a worthless token right. So you're essentially gaining these tokens for free by simply providing liquidity to their system.

Jim Cramer United States Bryce Andrea Kranji DOJ Andrea Crown
Jim Cramer and Rob Maurer Discuss Tesla's Q1 Earnings

Tesla Daily: Tesla News & Analysis

02:01 min | 3 months ago

Jim Cramer and Rob Maurer Discuss Tesla's Q1 Earnings

"One of the biggest earnings reports to come so far this week has been tesla came last night. Now i want to bring on his various guests raum our host daily and an investor in tesla. Now rob i want to start by discussing tesla's overall earnings which should beat wall street. Expectations and revenue was up. Seventy four percent from a year ago kentucky this momentum going. Yeah definitely think so. I think what we're seeing a little bit of a sell off. Today is probably a lot of excitement than tends to build into earnings and then when there's no massive surprise or something like that. Although tested beat they were driven by some one time items when there's no massive surprise or updated guidance or something like that investors can move onto the next thing but for investors that are willing to take a long-term view on tesla which most people should be this really you know decade-long girl stories. We've talked about. I think you know. There's a lot to be excited about from from their innings. Report yesterday rob. How much did they really make it. Back up the credits. That cup the Yeah so they reported a non gap net income of just over a billion dollars. Half of that was regulatory credits. So about half a billion there One hundred million came from the sale of bitcoin so tests on key one acquired about one and a half billion in bitcoin. They sold about ten percent of their stake. Somewhere around fifty percent profit on on that sale of about one hundred hundred billion or one hundred million there so backing out those things You know they earned about four hundred million dollars but On a non gab basis on a gap baselessly Technically back out the regulatory credits. They still have lost. But that's not a great way to look at it. Tesla has super high stock based compensation right now because of elon. Musk's co compensation plan three hundred million dollars of their stock based compensation. This quarter was because of musk's plan. That's not gonna continue. There's only about seven hundred million dollars left in total on the plan yet to be recognized. So if tesla continues the pace that they were out in key one. That's only gonna continue for a more quarters. And i think over the next few quarters. We're gonna see that decline anyway as It's just gonna take a little bit longer for the rest of that to be recognized.

Tesla ROB Kentucky Musk
Netflix Stock Drops 7% After Flopping on Q1 Subscriber Goal

CNBC's Fast Money

01:44 min | 3 months ago

Netflix Stock Drops 7% After Flopping on Q1 Subscriber Goal

"Out. what happened to netflix today. On the back of disappointing earnings and stock dropping more than seven percent for its worst day since november. Netflix is one of the first major. Stay at home. High growth names report. We're going to hear from the other. Big tech titans in the coming days so netflix. Shoot off a major warning flare to investors that we are in some rocky earnings ahead. Dan what do you say. Well listen if you think. Back to january when the company net flicks in particular had blowout subscriber numbers. The stock gapped up. I think thirteen fourteen percent to a new all-time high. And what did it do over the next couple of weeks. You gave all of that back so here. We are now into this print and they disappointed the stock down seven and a half percent. Today doesn't seem really that horrible. If you think about this doc in particular has been rangebound for months and months and months. i'll just tell you this though. I see a lotta those stay at home. Names not acting particularly well so it may not be great for them and then the last thing about tech says that we've seen this move into mega cap names over the last few weeks we've seen apple amazon. Kinda mount sim moves. We've seen microsoft alphabet. Do pretty well. Also i think those are really dragging up the s. and p. five hundred and then of old tech we have a chart of oracle going back twenty years this thing went parabolic over the last few months and then jim cramer caught my eye today on twitter as he often to all of us. He said it's different this time and ibm ibm breakout. We have a chart going back to january twenty so to me. The movement of mega cap tack into old tech. Seems kind of defensive. And i think the price action of some of these work from home names of the stay at home names acting particularly poorly is probably not great for tech overall

Netflix DAN Amazon Jim Cramer IBM Apple Microsoft Oracle Twitter
Jim Cramer on Bitcoins Performance and Future

The Pomp Podcast

07:49 min | 4 months ago

Jim Cramer on Bitcoins Performance and Future

"Our guys bang bang. I have demand himself. He is back jim. what's going on. Man here's what's going on. You made me a ton of money. I had to keep out the experts there. Because when someone's they'd be as much money as you have. What kind of peppered with the authentic language. I did exactly now. I know you probably hear a lot of people say you know what i did what you told. No i went and called my cfo. All right. and. I said listen. I just talked to this guy and i went tomorrow and i said i want hoping to get trouble. I said i want a half million dollars in this and you can buy over a couple of days but i don't want anyone who's this guy was your. Thank you and i studied before it wasn't just like you know i didn't just off the tournaments but said this guy is compelling i even use and i don't know whether you have any but the brokerage you suggested and i mentioned the money because it's never happened to me before i bought a lot of stocks in my life but i wanna thank you. Some the reason i called is it. Can i please come on your and thank you because it happened. It happened just as you said. It also happened much faster than you said. But i'm very grateful. Grateful mike kits so thank you very. Well listen as as many people who watched our first episode together i think noted The most compelling piece of it was how open minded you were and how intellectually curious you are on. I think that is something that people forget is important in the investing world. So i can yell and scream from the rooftop all. I won't but it takes courage and conviction for you to do something about it. So it doesn't work invoked by the way i mean you can say well i'm sucking up sucking and just a tremendous respect. A lot of what you said to me. I of course told others and is there things that you would say. I mean i always do the door. So limited number. I always knew that there should be protection. And i regard it as an asset class. But i i have for years said that you should have go and i think what i had going for me was the recognition. That what you're saying is what i really searching for with gold. All but gold media goal is that is subject to many vicissitudes is subject to a mining issues. It's frankly are subject to fail in many cases. Where do you think that's what's going to happen. Do you think that people are gonna drop gold by bitcoin. Or what do you think's gonna happen now. If they listen to me going to drop goal. I've been saying kemper senegal since one thousand nine hundred eighty three and now say five percent gold piper centric and. I did not say that before. I talk with you. I had thoroughly research. I was skeptical on our skeptical. Frankly because i said you know what. I thought okay with my goal. This is the dog new tricks thing that i want. I run up against with the web with the wall street. People like they're constantly saying. Oh listen you know. You're old baby boomers forgotten. I guess to do with how young your mind is. And i listened to you a friend of mine go said i heard you pop a cup hops. The smartest damn straight and do what matters is how old you are. It's whether you're young enough in hearing someone who knows more than you and gonna love. What you have to do is accept the fact that someone who's more now we did in school. It's funny you chemistry and you guys were juice chemistry. And you're going to get blown. I walk into a bitcoin class. What do i think more than the bitcoins i. It's different from chemistry class. No different from an engineering class. I will do the progress. M when i got not schooled but talk by i said what am i doing not protecting myself in what i have been saying. That people could be hyperinflation. But even if there's just plain old inflation why not get in and i did. The thing that have is confused about was was this notion that help your currency versus asset class. Because i think that i am. I'm conflicted and i'm conflating. You can help me say what it really is is. I think that there's three things people are using it for right now right so you have people who are using it. As a medium of exchange people are using historic value and people using it as a speculative asset right. Those three things serve different uses for different people. But i think that a currency obviously historic value. It's hard to deny that people are storing value. I think that's pretty. Well accepted the digital whole narrative. And then when you look at like on chain transaction volume right in some days now. It's ten twelve fifteen billion dollars in a single twenty four hour period of transaction volume. That's putting it into trillions of dollars on annualized which know visas. These guys are eight to twelve trillion dollars in annual volume. So you're talking about maybe twenty five to fifty percent of the largest card networks in the world Super using it now. What they're using it for is very hard to determine but they're using some sort of medium of exchange and then i think the third one and probably the one on focuses on is the speculative nature. People are absolutely in some cases buying it because they think it's gonna go up in us terms and they're going to sell it at a profit later. It's i think that what we gotta figure out here is what's the dominant use case or. Most people speculating or most people using it as four value or most people using it needham of change. My guess is when you look at the data. Sixty percent of bitcoin hasn't moved in the last twelve months. So that tells me that the majority is being used as a store of value over everything else today. Now what happens in the future will find out. But that's how i kind of think about from a use case perspective is it. A currency is an asset. will technically. It could be both right right. Well you know for me because of my my here. Something is all dog. I always said the people. Listen if you could ever ever ever be a situation where you can play with the houses money you take what you put in then your blast and you never have to touch it. And that's what. I'm don neurological may have only took. That took out the money put in. But now i've been i'm never going to touch upon. I'm not. I may never because you traced data scenario for those of us who those of you that watch it you chase down scenario. That doesn't stop at one hundred thousand and a lot of people laugh. I didn't it. Was the twelve thousand. And i started thinking i've gotta get in before it got to fifty and i went home and told my wife i said lisa. I'm doing this thing. And she said why described there since fiber talk. You sound mesmerized. I said no. I i sent. Educate these are two different things. It's not been as rush. It was educated and the course that you laid out made me think you know what it isn't just a car. I borders currency. But i realized it was the store value and a better store value i was using and did i have the belief that it could grow up. Go and i did believe that. It could be speculative staying power but more importantly what i realized is ideal with the company square and instead of saying that they arrive this way. I knew that this cash app people kids are buying a little business. Schnitzel is gone. They're buying a slivers of bitcoin. And i said to myself you know what i want to be with them because they represent future but i also recognize they may be doing for whatever reason but i can be part of that way too and not feel that we've is is a boss. It's not was speculation. Not after the way that you late young you laid it out. And i am sure that you can lay it out for just in one minute. You've gotta just lay it out again or capsule probably not fair but why you know exactly what may be portrait.

Kemper Senegal JIM Mike Lisa
Biden Sets May 1 Target to Have All Adults Vaccine-Eligible

MAD MONEY W/ JIM CRAMER

01:46 min | 5 months ago

Biden Sets May 1 Target to Have All Adults Vaccine-Eligible

"President biden this evening. We'll be laying out a vision of a half toward normalcy for the country that begins during the july fourth holiday. A senior administration official says that the president will make clear that this is incumbent on americans continuing to wear masks socially distance and get vaccinated when it is their turn and that the hope is that around that time. Small gatherings of neighbors families and friends can resume toward normal. Although we'll still be some time before large indoor gatherings will be sanctioned to that end The president is expected to say that the cdc as it approaches the july fourth holiday will begin releasing official guidance for travel for workplaces to reopen and for places of worship together safely as well in the meantime president bided will also say that he through the department of health and human services will direct states to remove eligibility requirements for all american adults by. May i that. The administration is confident enough in its vaccine supply and previously laid out target of having all american adults who want a vaccine to be able to get one by the end of may that it will be able to tell states that by may first all american adults should be eligible for a cova nineteen vaccine in every single state in this country. Finally president biden will also announce that he will be increasing the number of vaccinations sites in hard hit areas as well as increasing the number of people who are able to administer vaccines to include people like dentists and other health care workers who are not currently cleared to do so. The goal is to get shots in arms. And that's it. We're expected to hear from the president

President Biden CDC Department Of Health And Human
Jeff Bezos names former head of environmental think tank to lead $10 billion Earth Fund

MAD MONEY W/ JIM CRAMER

00:18 sec | 5 months ago

Jeff Bezos names former head of environmental think tank to lead $10 billion Earth Fund

"Jeff bezos naming a new ceo to ten billion dollar earth fund andrew. Steer who is currently head of environmental think tank world resources institute will head up the organization fighting climate change. It comes as jeff bezos. Said he will step down as amazon. Ceo to focus on other projects like the washington post and the fund.

Jeff Bezos Tank World Resources Institute Andrew Amazon The Washington Post
Cramer calls on U.S. to build factories to address chip shortage, unemployment

MAD MONEY W/ JIM CRAMER

04:44 min | 6 months ago

Cramer calls on U.S. to build factories to address chip shortage, unemployment

"As the pandemic gradually draws to a close. We've still got to national emergencies that we had to talk about a man money. A horrendously high unemployment rate and the semiconductor shorts is causing major problems for us manufacturing and competitiveness. We need more chips and we need more jobs so why. Kill two birds with one stone. It's time for our government to invest in building the biggest and best complex of semiconductor foundries. That's the factories in the world. And we can do this now. This kind of initiative went out of style decades ago but we know it works because the government just did it with operation warp speed the co vaccine program that got us to trick vaccines in less than a year. Were on a roll. Let's keep it. I don't need to explain. Employments national emergency but what south with the massive government back semiconductor foundry pro. Okay we just heard from general motors. They have all these new indian vehicles but they simply can't make them because they're sending books shortage and modern cars require a lot of tech ford said the same thing could cost them one to two billion this year bleed. You're gonna start hearing about this shortage. Constantly dan we the us really havoc with all sorts of industries and making us less competitive and perhaps even hostage country hostage to a bigger chip customer. The pr see. We got to get ahead of this. Now some of this shortages natural thanks to cova. We've got millions of new homes. That require a lot. Har- we're eating these chips like doritos at halftime. But some of you thanks to globalization are sitting been able to outsource their manufacturing most couple of huge asian operators taiwan's semi which is now the biggest samsung. These are both incredible mazing. Well run companies but they also get so production capacity that they have they hit the entire world including demand from china that hits american companies extra hard because new of our businesses run on just in time ordering. They don't want to sit in a lot of extra components it just by the chips when they need them. That's a quick way to make money save money until it's a shortage. Now that's where we find ourselves. Our companies can't get enough chips because there's not enough. Production were wide and that lack of chips is hurting all sorts of manufacturing including the formation. Gm and ford now. There are two ways to approaches. We can throw up our hands and baked samsung taiwan semi to build more plants. That's been our strategy or anywhere for that matter or we can roll up our sleeves. Like operation warp speed. Remember today when everyone get tested raw. Got javert here can roll up our sleeves and get this job done ourselves. If we're supposed to be the most powerful country in we'd be able to manufacture semiconductors for heaven's sake it's our industry so let me tell you what needs to happen. You might not know it. But america's best tech industry the most intellectual property that is anywhere in tech is in the semiconductor capital equipment space. That's lam research. Kelly tinker applied materials. They had machines that we need to make chips meaning while building gigantic simtek foundries can put more people to work and just about any other research project much more than a much than highway than a bridge. Why stop at roads and bridges and we re establish yourself as a whole new kingpin in manufacturing industry that used to dominate. And hey biden's pick for commerce secretary gina raimondo. She was a venture. Capitals governor of rhode island. I got into politics. She'd be the perfect champion for this project. We can take advantage of low interest rates to issue fifty year semiconductor savings bonds to raise the money for this project partner up with the private sector then. These businesses can pay back. uncle sam. Production gets rolling or chips. Defense ships all sorts of internet of things. Chips should be able to make this stuff domestically in the best in the world. Honestly it's insane. We outsource our semiconductor manufacturing to taiwan south korea. When they're within spitting distance of our biggest wattle china. I love taiwan. I love south korea but we ever get into a shooting war with the chinese. For heaven's sake they'll be right in the middle of it. Hopefully it never comes to that but why would even taking that chance. How much would this cost. We know semi spending up to twenty billion to boost its output. And they're very good at what they do. Let's say let's let's borrow one hundred billion dollars in savings bonds to make the us more semiconductor independent over the next few years but we have to start immediately to alleviate the shortage people intensive national imperative blueprint ready customer for the suppliers. Ready to help so soon. To be secretary raimondo. You've been on the show. Let's get the loan just chip ongoing going and put an end to this chip. Shorter's saving tens of thousands of jobs giving me economy a huge boost. This is what we used to call industrial policy. It worked for vaccines. And i know from work for chips to

Taiwan Ford Samsung United States Kelly Tinker General Motors Gina Raimondo DAN China GM South Korea Biden Rhode Island Uncle Sam Raimondo
Hasbro, Mattel Say Toy Boom Isn't a One-Off

MAD MONEY W/ JIM CRAMER

04:06 min | 6 months ago

Hasbro, Mattel Say Toy Boom Isn't a One-Off

"Last night. We got a terrific from the tell. That's the iconic toymaker. What happens the soccer name. No kidding it actually said because day reminding. Managers found hard to get excited too worried about the ready crew. Gresley bidding up the canvas stocks. But make no mistake. Mattel's doing great. Ceo on crisis orchestrated effort. -nificant turnaround here. And let's have got yet another confidence-inspiring aspiring quarter. The country poorer top and bottom line with bush guide for twenty twenty one in response suck actually spiked. Three percent in early trading. Getting dragged down by the on weeds. What i'm calling the rest of the market. So could this really have room to run. Let's take a closer look with you on crises. The turnaround orders chairman. Ceo patel real. These results michigan. Welcome back demand money. Jim it's great to be here in on your manager word when things weren't doing waste things weren't doing well when things that down very low you said things are starting to get better. This was the finest fourth quarter in fifteen years despite a worldwide pandemic. Talmadge do it. Yes jim this was an exceptional quarter for mattel without best performance in years with strong consumer demand and another milestone near for the company for the second quarter in a row which have double digit sales growth without grace. The industry in gain share on a global basis but are results excited expectation on many levels with the highest fourth quarter growth in fifteen years as you said with a significant increase in profitability with a full year operating income. That was two and a half times higher than than last year. But this is not just about the quarter or the year. It's about a multi year strategy that is tracking very well which puts us on in a strong position to continue to increase profitability and etc growth. In two thousand twenty one and beyond what i liked about it but these were all fantastic numbers but you told me one day jim this company which has terrible cash flow can make fortunes on everything that it does put out so when barbie has a plus eighteen percent quarter number one toy property globally in twenty twenty doll- but boy you're making a lot more money off each barbie even though they're more interesting fascinating diverse inclusive than any of the line. At that i've ever seen as we made significant progress improving. Our ability. Gross margin has increased for the tenth consecutive quarter. And this is only getting better and stronger in terms of cash flow if you look at the journey that we've achieved last three years. Gross margin improved over. Eleven hundred points are cash flow improved by almost five hundred million dollars and our operating income is up more than six hundred and fifty million dollars so very strong performance on the bottom line. And we're making good progress on the top line as well. This was the second quarter in the row where we improve our top line by double digit. You're making it look easy. There was a time. When i first met who. I looked at your balance sheet and i question you're you're not your visibility your viability. The viability certainly taken off the table. Visibilities take off the table. At this point. I now have to wonder. You've got this great balance sheet now. I mean really is you've delivered. You have the number one of the industry you ever. American girl turnaround. Is it time to do something. Even were used something. The entertainment industry that you used to be king of come on free cash flow has steadily improved over the last three years we went from a negative three hundred and twenty five million dollars in two thousand seventeen to a positive one hundred and sixty seven million dollars this year going forward will will be focused on converting an increasing percentage of our ebitda into free cash flow and as we've previously stated we intend to utilize cash to reduce our debt and improve on balance sheet even further given the expectation for higher and more asian of cash. We expect to Continue to reduce our leverage ratio. And make our way towards an investment grade rating.

Gresley Mattel Ceo Patel Real Talmadge JIM Soccer Bush Michigan Barbie
Chevron CEO says company is embracing, investing in a lower carbon energy system

MAD MONEY W/ JIM CRAMER

08:40 min | 8 months ago

Chevron CEO says company is embracing, investing in a lower carbon energy system

"What's best performing sector since election day. You'll never believe it energy and we talked about energy. I mean fossil fuels with multiple co vaccines. Right around the corner. The economy will soon be able to reopen which means more demand for oil and gas ray of yours. No i'm not a fan of this industry anymore. I think the long-term press but posthumous have gotten grimmer but there are two fossil fuel stocks that i still consider investable one of them is chevron the big integrated the king of the oils the best of the best chevrons held up surprising well during the pandemic. And it's got a powerful safe dividend of five point seven percent. The only problem the stock is now thirty five percent in the last six weeks. So kennedy keep climbing. Let's take a closer look with mike. He's the chairman ceo of chevron corporation. Get clear picture of the industry and his company said mr. Moore's welcome demand money jim. It's good to be with you all right so you got to solve this for me. As long as i've been in the business always one company that was the best and it wasn't as yours. It was a company called back son. There are a lot of others that were doing. Well now they're chevron and there really is everybody else everybody else being companies. I'm worried about the dividend that article in production. That aren't conservative. What happened to chevron at the other guy should have listened to well jim. Different companies have made different choices as As we came into this and as as we've gone through this so have changed their dividend policies. Some of changed their strategy. Some of change their financial priorities. We haven't our dividend to secure as you mentioned are balance is strong our strategies are intact and there's no they can count on us so we were we were well prepared as As we went through the cycle. And i think that people realize that we've been constant at a time when many others have changed. Now you'll have when it's necessary been aggressive for instance. You were very aggressive in the gulf of mexico drilling wells that are going to produce oil for year. They don't run out those wells. I mean that's just something that you did. Everybody else went away from it. How did she have the dish do that. Jim it's a long term business. Demand for energy in the world is enormous seven and a half billion people on the planet today. By twenty forty there will be nine billion in all of them deserve the things that affordable reliable energy can provide. so we've got to take a long view on investments and at the same time you've got to take a short view in terms of being prepared for markets that are very volatile and unpredictable. So it's an and world actually have to do both. We have to look out the front window. Twenty years down the road and we look out the window of the house today and see what's going on the world today and manage our way through both of those. Let go out twenty years. You bought a company called no one. None well terrific. I visited leviathan. It's an incredible field in metro. Train off the coast of israel. I could see a visionary saying you know what it's time to disenfranchise gas prom company bringing its gas to the west and make it. So there's a pipeline from israel all the way up through central europe and that could be something that's a twenty five year project pie in the sky. Well that's certainly one of the opportunities to commercialise. What is a large gas resource in the waters of the eastern mediterranean office. Real right now at feeds markets in israel egypt and jordan their opportunities to take liquefied natural gas to other markets and certainly longer term. These types of resources often lend themselves to infrastructure developments to feed market. Europe is not not far away so those are all options to commercially develop that resource and supply markets in an affordable reliable manner. So that that's the type of thing that our company does really well and it's a long term view that we have to have to sustain our company at the same time. I've noticed that you need to be able to have common ground with whoever's in the white house. I'm not going to try to say you have to do this do that. Because you're reasonable person. Have come up with it. But if you have a really aggressive. Climate change president and team. Is it perhaps possible that they make it. So that you that you're not able to enjoy your own properties. Well jim we've been in business for over one hundred forty years we've worked with republican administrations with democrat administrations with split government with unified government. And we always start with common ground. Government wants economic development and prosperity for its people and governments want a cleaner environment We look for the common ground and there's always common ground because we're critical part of the economy. We may not agree. One hundred percent with any given administration on everything. But there's usually much more we're aligned on than we're different have different views on and then we sit down at the table and we work our way through those things. We've got different points of view and that's exactly what we expect to do. with this administration and every other one that follows but mike how do you sit down with fund. Managers younger financials. You say you know what we're about trying to be carbon neutral even make it so carbon negative so to speak so chevron can never be a holding embarrassed and better. How much do you think that works good. And they have great dividend policy. We can own what happens if too many managers start thinking that way. Well jim what managers really want out of our industry and out of our company. It's better returns and boil our strategy down to four simple words. Higher returns lower carbon. And we need to do both. And we need to find ways to invest in things that are good for shareholders and also good for the environment if we do just just invest and things are good for the shareholders and ignore the environment. That's not sustainable. And if all we do is invest in things that have an environmental case and they don't create value and returns for shareholders. That's not sustainable. Either so we sit down with portfolio managers of all ages and all levels of experience and talk about how to deliver higher returns and lower carbon That's what people. I think that's been investors are looking for well. How about another way to look at it. Some people feel jim. Do not see the future. Do you not see tesla. Do you not see the hydrogen fuel cells. Judah there's no room in portfolio because it's going to happen fast than you think you think the demands big al twenty thirty years. Probably the way. I too but they feel no mike they feel. It's gone away. Fashion than you. And i think and that has caused me to pull in my horns about a group i really like. Would you have we embrace a lower carbon future. We expect lower carbon energy system. In fact the energy systems always been moving towards lower carbon hundred. And fifty years ago cole came along a displaced would eat and then you had oil and gas and then you had nuclear hydro wind solar hydrogen now. The energy systems always been in transition. And we're investing today in. I'll give you an example renewable natural gas if you've ever driven by dairy farm or a feed lot. There's there's a certain aroma that you you may recall We're actually capturing the waste products from dairy farms now fermenting the those products to create the natural gas product cleaning it up moving it into a pipeline so it can displace fossil fuels so we reduce methane emissions and we create a salable renewable product. So we're investing in things like that. We're investing in nuclear fusion. we're investing in hydrogen. We're investing technologies that can scale and make a real difference and be part of a carbon energy system. This is the history of our company. And i believe it's the future of putting a hydrogen fuel cells all of your incredible gas stations. How about making that statement saying to the rest of the industry and all the espn enthusiasts. Look we are doing something right now. That's economic but it is gonna kill it in the five six years you could do that. Might your this and you've got the balance what we're working on these kinds of things. Jim we come back to. It's an world we've got to have higher returns and lower carbon and so we've gotta find things that work for shareholders and work for the environment and that's exactly what we're working on so i think i think you're going to see our company and you'll see others in our industry that continue to find solutions and this is a challenge that is too big for any one company anyone industry or anyone one country in the world to completely address We're gonna work in partnership with others and continue to advance the you know the state of the energy system which will only grow. Well mike. you've always been the you've been the voice of reason. Your company's been the scientific company all along people should know that chevron has always had the most scientists and engineers at the top might worth chairman. Ceo of chevron sir.

Chevron JIM Israel Mike Gulf Of Mexico Kennedy Moore MR Mediterranean Egypt Jordan White House Europe Tesla Judah
NFL postpones Titans-Steelers game after coronavirus outbreak

MAD MONEY W/ JIM CRAMER

00:25 sec | 10 months ago

NFL postpones Titans-Steelers game after coronavirus outbreak

"A coronavirus outbreak dealing the first real blow to the NFL season the league postponing Sunday's game between the steelers and the titans titans suspended in person activities completely yesterday three players five employs tested positive and today fourth player positive the league moving the game to Monday or Tuesday they hope. So there's time for more testing players are not in a bubble in the NFL like those in the NBA and the NHL.

NFL Titans Steelers NBA NHL
CNBC's Jim Cramer apologizes after calling Nancy Pelosi 'Crazy Nancy' to her face

America's Morning News

00:59 sec | 11 months ago

CNBC's Jim Cramer apologizes after calling Nancy Pelosi 'Crazy Nancy' to her face

"CNBC personality Jim Cramer, apologizing for calling House Speaker Nancy Pelosi crazy Nancy to her face on air. Kramer first defended himself, saying he was channeling President Trump to make a point. As criticism mounted, He apologized again toward the end of this show. Mad money, Mark Meadow. Go and say he was a skunk of the party. Didn't really you know, he's got in the way between you and I think Secretary Mnuchin. What do you mean? We have a crazy Nancy. I'm sorry. That was the president. I have such reverence for the office. I would never use that term, but it isn't just what you just did. You know, you know, silent in the office is so great that I think it's a travesty. Earlier today, when I talked to House Speaker Nancy Pelosi once walked on the street, I made a very stupid comment. It was a tongue and she attempt to make a point about the harsh home of the negotiations in Washington, but I felt completely fine and I apologized for that.

House Speaker Nancy Pelosi President Trump Cnbc Jim Cramer Kramer Mark Meadow Secretary Mnuchin Washington
Rob Maurer Of Tesla Daily And David Trainer Of New Constructs

Tesla Daily: Tesla News & Analysis

05:28 min | 1 year ago

Rob Maurer Of Tesla Daily And David Trainer Of New Constructs

"Everybody, Rob Power here. Today we have the good fortune to be joined by David trainer of New Constructs David. Put out a note last week with his team on Tesla that was relatively bearish. So I thought it would be a good opportunity to have somebody on the podcast. Maybe give a different perspective than what is sort give day to day and hopefully. We can both learn a little bit throughout the course of the conversation So David a former analyst with credit. Suisse. And then for the last couple decades, he is the founder and CEO of new contracts on investment research firm so David Nathan, you want to add to that in terms of your workings INS specifically this note on Tesla. Yes sure. No. We we're an independent research firm. So we don't doing any investment banking or trading There was a time when I ran a hedge fund will be don't do that anymore. So there's there's no short position in Tesla and honestly there's there's no axe to grind here. I'm flattered to to you on the show and I'm also a big fan of cars and I think beautiful. And I think would Elon Musk has been. Has Been Great for our world. I. Think he was really a tipping point in enforcing the big autos to to move more toward electric vehicles. What let's face it. You know one has to question why they never really wanted to do it on their own how they needed external government pressure to to increase gasoline efficiency. When that at the end of the day, we just lowered the cost of ownership for their product, which is a good thing but yet they didn't do it want us to wonder why that is. So I think he lawn. With respect to Tesla Electric Vehicles and our environment has done the world huge service. Insides one lead that fan I think the cars are beautiful. I wish I had one of my kids always rave about how much how awesome they are when they ride in one of their friends parents Tesla's it's funny in in. So I think there's a lot of good that has come out of what you musk is done at this space as well as other spaces. And the beautiful green cards. So you guys are kind of approaching it from a just an overvalued perspective on the company right now. Yeah. It's it's really kind of an old school throwback to the fiduciary in investor as opposed to the speculator the trader. Look there's no doubt you know as Jim, Cramer said he he's a fan test left for the last eighteen hundred points right? I mean look the momentum. The trading aspect here's Banal and it's been a huge wealth creator. An Art perspective is very narrowly focused on the fiduciary and decide the of risk. In, a market that's been such a strong performer. Since the The deer in in March you know, I think some people we got some feedback that people were kind of looking at how to manage whether or not we're at the top or or not in this market and we thought you know look. The first thing you do is identify where there's the most risk in your portfolio. So we kind of went through we cover around three thousand stocks as well as ETF's mutual funds and we looked for like, okay where's this? Where's the where's the risk extreme and then you know especially with Tesla, you gotta take into account all these sort of the optionality, all these great things that that Tesla might do. To, justify the future cashflows embedded in the stock price. And we went through the checklist and we thought, okay, we think there's a fair case to be made here for those with fiduciary responsibilities and produce responsibilities. To Take into account. Or. Consider. The risk in the stock relative to fundamentals. Sure. I know that that's a big part of your note later on. So definitely get through to some the valuation stuff So I thought probably the best way to kind of just kind of structure. This was to go point by point. I've had a lot of listeners that have read your note and have sort of asked me to give my my thoughts on it. So I thought you know what better way to do that than have the man himself here to discuss with me so Sweet. So you've got a lot of I mean this is probably a few thousand word article here. So let's just start right at the top. So you start off by saying. Really comparing the devaluation of tesla per car sold versus other automakers. I wanted to just sort of get your thoughts on this because I think you know this perspective or this this particular metric in isolation to me isn't all that particularly meaningful us are wanted to you just sort of get your take on why Joseph Start off with this and then get sort of my thoughts as well. Yeah, we're just sort of a level center to get a sense of how rich the expectations are and in just to give some perspective our approach valuation is is as I say, tomato analysts. Would you rather be a fortune teller or critic before to tell her and we see Mr Market or the stock market is a fortune teller. Here, she is giving us a price every day, and what we do new constructs is reverse engineer what the future cash flows, the revenue, the margins, the capital efficiency, the business, all that we reverse engineer with those need to be to justify the price and so. What we like to do is kind of begin be objective perspective on evaluation is and that's what we see in this chart like there's a big disconnect. It's not to say that Tesla can't achieve these expectations but for right now, there's a lot of credit given to what the company will do in

Tesla Fiduciary David Nathan Tesla Electric Vehicles Elon Musk Founder And Ceo Rob Power Engineer Analyst Mr Market Joseph JIM Cramer
Jim Cramer & Rob Maurer Discuss TSLA Stock

Tesla Daily: Tesla News & Analysis

04:16 min | 1 year ago

Jim Cramer & Rob Maurer Discuss TSLA Stock

"Everybody around here today, we have a special guests on the program Jim Cramer. Needs no introduction Jim thanks for taking the time out of your busy schedule to join us today and talk a little bit about desolate. I think Tesla's the most important stock in the market because it's created a tremendous amount fascination which you know why like it's been hard to find people who understand Tesla like you like you do in other words when I say that mean people understand Tesla, the car tesla the Stock Tesla, the myth test, the reality, which is why it's so exciting to speak with you because frankly anything Tesla I regard as the most exciting thing that's happening in the market and I'm with the guy. I definitely agree. So I'd love to get your thoughts because I think you're you're thinking on Tesla has evolved quite a bit over the last couple of years I know a few years back to your more mixon. You've called it a cult stock gotten into some interaction with Ilan on twitter over the last I think probably eighteen to twelve months. You've you've definitely become a lot more bullish, which was great. Timing has the stock has reflected that as well. So I just love to hear sort of the evolution of thought process on tussle over the last couple of years. Great. Okay. When he came out I thought it was too hot. And I. I said people should sell it now I know that I had subsequent met. You must get a dinner party. And he belittled me he. Space said that if tried question, his analysis of the wall have giant solar field in Colorado we're all other energy's GonNa be provided from five years announcement five years I've seen it yet. He did pronounced me as a hologram basically. Didn't even exist. I thought it was one of the greatest put downs ever except I wish it weren't addressed. Thank. Eh former. Mathematicians Twenty, seven percent. But here's what's happened to me. I looked at his a stock. I didn't look at it. And I think that what happened is basically a a religious could it was a religious? Conversion. I went out to California my daughter had just driven. From Oregon she was living to Los Angeles. And she talked about charging talks about it was about the flatulence button instead you know data been driving. For twelve years. I never cared what a job. It's never been important. She had a beat up two, thousand, eight A. Ford fiesta she'd been driving she wasn't a corporate, but Tesla made her into Cooper's. So then I went out to sea venture mine one executive is so come bally's a company and another former CFO and they had all tesla's. and. My wife who is a complete corpus I mean a nut car person just loves it her favorite everything's ninety, four range over that. She has she said this is it a she drove it and she said this is it. Now we have not bought one yet because she's we're going. To be able to say listen Jim, you should buy because you live in some new. Jersey accuses go around car but when I was driving with the person who was retired was the CFO as you know what my daughter loves it, my wife loves it. It's so cool but they don't have the financials did naked so that I can recommend it to sixty. And he looked at me turn Amigos. GM naked race two billion dollars. Like. Religious, conversion. The conversion was right there because I knew rob. At, the balance sheet was not questioned. Admin. Panel table ever since we caught a lot of points I, continue to recommend it. I should have realized along the way that when Jay Leno told me Jim. Is the greatest car coming around one fifty. I should've just changed my mind but I hadn't been in the car rob other than. My friend, kwame picked me up to a little bit. And when you have a person who's never driven a car saying, this is like the greatest thing ever doesn't think of as a car and then you have the coordinate nut Lisa who says, this is the greatest thing ever and you have a CFO's very rigorous who said look they can raise the money I said, what am I doing? Why am I fighting the truth? Why am I fighting progress? So rob I surrendered and the best qualified made this year.

Tesla Jim Cramer CFO Ilan Twitter Rob I Kwame Mixon Los Angeles California Jay Leno Colorado Lisa GM Oregon A. Ford Jersey Executive Bally
Tech Antitrust Hearing: What to Expect From Apple, Facebook, Amazon, Google

The Tech Guy

04:34 min | 1 year ago

Tech Antitrust Hearing: What to Expect From Apple, Facebook, Amazon, Google

"Wednesday is going to be interesting. The HAUSCH Hausch judiciary. Antitrust Committee man. The House judiciary antitrust subcommittee. Will have a hearing. About big tech at which we are going to see some big tech guys the CEO's of Apple. Tim Cook facebook Mark Zuckerberg Amazon's Jeff. bezos and Google Sundar Pichai. That's the big. The only thing not in there in the fangs. Fangs! That's what the stock market calls it facebook. Amazon, Apple. NETFLIX's in Google. So. There's no Netflix there I don't think that we don't always Netflix Netflix. No they're not a monopoly apple. You might not really know because They only do Mac stuff and iphones. They're not even there about half the market of smartphones in the US. That's not monopoly. facebook well. There is no other facebook, but they're not the only social network. Of course they do on instagram and WHATSAPP so that means they pretty much dominate. Three big social media categories messaging photo sharing. And Life Sharing Amazon! Monopoly. No Walmart just started their competitor to Amazon prime. Walmart plus. Hundred Bucks, you get this. You know a year. You get the two day shipping and all that. So I mean Walmart's Ju- Amazon one hundred percent, but you know it's powerful. And then Google, which does. Dominate. I think it's eighty percent of searches. It's not not ninety ninety five. I don't know what the threshold for trust is low. It's higher than eighty percent. So, these guys are not monopolies, even though they're going up in front of the antitrust subcommittee, they're they're really just very powerful tech companies there seems to be some concern. that. These have become too powerful. What do you think, are they? They're they're wealthy. They generate a lot of money, but that's because very successful, right? FACEBOOK controls. Pretty much I think you know at least mind share control social media twitter others. Twitter's out there. Yeah, a facebook cutting controls it. And I think the concern with facebook is they have so much power. What don't they all not apple so much but Amazon. FACEBOOK and Google lots of power. If it's not on the Google search. Does it exist on the Internet yeah not really. Go how you find it. So, that's a lot of power, Amazon. While, they're not the only online commerce by any means. The pretty darned dominant, aren't they? And and their rapidly getting more and more of the market share and more and more of the mind share their big I think big is the only thing you could say about these guys. They're just big apple, big, biggest biggest, most valuable, anyway, corporation history of human endeavor, one and a half trillion dollars. But that's the stock market value and part of that is pumped up. Because apple keeps buying back its own stock, they invest billions and billions in the buying their own stock, which increases their market value, their market capitalisation as the. Jim Cramer would say it. CAP PD? I don't know if the stock market has to do with reality anymore I don't. I don't think I don't think I honestly. Congress has a clue about what to do about this. The Republicans will be asking him about bias anti conservative bias. The Democrats will be asking of about monopoly too big too powerful. To dominant. Both sides are worried about them for different reasons, but it's Kinda the. TAME same reason for different reasons. I wait it'll be fun. It'll be fun. It's always fun to watch. Primarily elderly congressman. Try to understand this stuff. What is, how do I get onto the facebook? Always enjoyable always. Always, laugh.

Facebook Apple Amazon Google Walmart Netflix Hausch Hausch Judiciary Antitrust Committee Jim Cramer House Judiciary Ju- Amazon Tim Cook Twitter CEO United States Mark Zuckerberg Congressman
Update on Salesforce

CNBC's Fast Money

01:31 min | 1 year ago

Update on Salesforce

"Kick things off Josh Lipton for more on salesforce Josh dig into the salesforce results. The segments subscription and support so the software revenue. Earning four point six billion that's in line Professional services so they're consulting services two hundred ninety million but the forecast light versus consensus cute to NPS sixty six to sixty seven cents. The street was closer. Seventy five cents revenue the guides for also life for the year. They're looking for between two ninety three to ninety five three dollars nine cents and they said look for the year for revenue to be up seventeen percent to about twenty billion shoot was close to twenty point seven. I did catch up with Steve Over wedbush bull. I wasn't his take. He says revenue did beat incensed by about nineteen million on lower expectations stocks. Selling off he says on this guy down. Crm says also lowered operating cash flow forecast. He billings did show twenty percent growth in beat consensus. He says he remains a buyer that. This is a resilient business mild. His words strong secular drivers and reasonable valuation on the call salesforce CEO Marc. Benny off saying the first month of the first quarter showed in his words. Amazing growth trajectory. Then he says the virus emerge and which time has company he says pivoted to keep employees safe guide customers and support our communities. The pipeline is strong. He says and we can operate successfully in any environment at any time for more on Benny off. Checkout Jim Cramer's show tonight mad money. We're Benny Office. Part of a jam packed.

Salesforce Benny Office Benny Josh Lipton Billings Jim Cramer Professional Services Steve CEO Marc
Facebook Helps Entrepreneurs Move Their Shops Online -- for Free

Business Wars Daily

05:00 min | 1 year ago

Facebook Helps Entrepreneurs Move Their Shops Online -- for Free

"From wondering. I'm David Brown. And this is business wars daily on this Monday. May Twenty Fifth Happy Memorial Day last week. Facebook made a big announcement for small business. Owners entrepreneurs will soon be able to create virtual storefronts on facebook and instagram using a new feature called facebook shops. The idea facebook. Ceo Sheryl Sandberg says is to help all small businesses but especially the struggling ones according to a recent survey conducted by facebook and the Small Business Roundtable one third of all small businesses in the US have already closed their doors. Another eleven percent say they will fail. Should the economy remain mostly closed for much longer giving continuing social distancing and stay at home orders? Transitioning to online sales may be the only path forward for most smaller companies in its livestream announcement facebook. Ceo Mark Zuckerberg said. We're seeing a lot of small businesses get online for the first time but moving online and especially to mobile friendly. Commerce isn't always easy. The process can be expensive and complicated but facebook. Says it wants to help entrepreneurs solve those problems therefore setting up a new storefront on shops will be free and Sandberg claims. It's easy to. She says it'll only take minutes. The new storefronts are intended to allow merchants. Not just to show their wares but to conduct transactions as well a business owner who is linked. Her existing website to facebook shop will be able to take payment on her website. Alternatively she'll be able to check out customers right on facebook or instagram for a small fee to help users. Simplify what can be complicated back in mechanics. Facebook is partnering with Shop Afyon and other ECOMMERCE engines shop which is based in Canada as well known as the merchant platform for millions of small online businesses behind the scenes. The story that facebook is telling that it's here to help is not surprisingly more nuanced. The new shops feature represents facebook wholehearted foray into commerce with brick and mortar stores restaurants closed online sales of sword and facebook. Once in Zuckerberg told the Financial Times at facebook shops had already been under development. The company sped up its launch to take advantage of the spike in online shopping observers. Say The new feature pits facebook against Amazon and ebay based books partnership with shop of. I should help as we reported right here just a couple of months ago shop. If is aggressively competing with Amazon last year at began investing five billion dollars. Over five years to build a nationwide fulfillment network VAT network is intended to help. American merchants offered two day shipping all over the country. You know just like Amazon and that could be an answer to one problem savvy. Merchants will ask about selling directly from facebook and INSTAGRAM. Who'LL SHIT MY products? Facebook won't but shop if I and other logistics partners will Voila problem solved but let's not forget another albeit smaller. Ecommerce rival Oetzi. The company has made it easy for Solo artists and small companies to build online stores from their bedrooms and Kitchens Oetzi. Share price is up ninety percent this year. According to The Wall Street Journal and REVENUES IN THE FIRST QUARTER. Were double what they were three years ago. The paper reported at sees Growth Spike. Especially during the lockdowns has made one thing extremely clear. Just how many millions of soloists are interested in and capable of starting successful businesses online even if facebook is late to this war for online customers. The company has one significant weapon that Amazon Ebay. Oetzi don't have two point six billion monthly users. It's intuitive to see how shops owners will be able to leverage their facebook and instagram followers to boost sales on shops. According to the verge shops will be found on facebook pages or instagram profiles. Dunkelberg says merchants will also be able to let customers. Virtually try on products like sunglasses and makeup by using reality tools. According to the Wall Street Journal so facebook is giving shops away for free. How will it make money while the answer is simple? Advertising Sheryl Sandberg Toll Madman Jim Cramer that one hundred sixty million small business owners already used facebook's free business tools eight million of them already purchased. Facebook ADS Zuckerberg assumes that if facebook shops owners find the storefronts valuable. They'll want to bid more to buy facebook ads according to NPR. That's where the quote real money will come from. According to the Motley fool too many facebook shops is

Facebook Ceo Sheryl Sandberg Ceo Mark Zuckerberg Amazon Instagram Kitchens Oetzi Small Business Roundtable David Brown Business Owner Oetzi The Wall Street Journal United States Shop Afyon Financial Times Ebay Jim Cramer Dunkelberg
Animal Agricultures Awakening Hour

Plant Strong

07:37 min | 1 year ago

Animal Agricultures Awakening Hour

"Today's guest was inspired by his dad to change the world and have a lasting positive impact on health and the environment. I'm talking about Ethan Brown. The founder and CEO of beyond meet a disruptive and innovative plant based Meat Company and. I know you've seen her to them. Because they are ubiquitous. These days interview was recorded pre covert nineteen so while we don't specifically discuss it. This episode is very timely. Since as you've I'm sure read. One of the areas most affected by this horrific disease. Is Our food supply chain specifically the animal food supply chain. The conditions are deplorable for both the animals and humans at these meat processing plants and the health of both is compromised. Daily Ethan discusses in detail. I was company is improving the efficiency the safety the health and the environmental impact of his beyond meat. Production and the benefits are huge. We know that the average consumer even those who eat animal meat are aware and very concerned about these health and social issues. As Ethan says I believe there is a new dawn for American agriculture. And this conversation is our awakening our in fact just last week. Jim Cramer the host of mad money on. Cnbc said that beyond meat is a small company but so Amazon so was facebook and so was Google and then he goes on to say and I quote. It's all going beyond meets way and what is beyond me doing. They're cutting prices. I think the pandemic is saying start eating plant based Kramer continues to go on to say that the rising demand for plant based protein will not be a passing fad and that. There's no hobby here. The Hobby is going to end up being meet man. Jim You are talking our language. I think the pandemic is saying start eating plant based eating meats going to become a hobby love it? Here's to having the heart of a hero and not being afraid to challenge the status quo in fact instead of being divisive it's time we collectively come together and work to solve these problems on behalf of the animals the longevity of our planet and our own health it is my mission and it's the mission and driving force for my friend. Ethan Brown all right here. We are season two of the the plant. Strong podcast I am here with Ethan Brown. The CEO of beyond me. And I want you to know and I'm at World Headquarters for beyond me. Where exactly are we? So we're going to California el Segundo AB- like what two miles from the airport? Exactly yeah I mean it was the most. This is the easiest drive ever made from the airport and season to just so you know the whole theme is heart of a hero and we're really trying to identify People that are changing the game and and that's who were having an inviting on season two of the Pike Aston. You probably more than just about anybody. I know are changing the game in a multitude of ways and I and I wanna get into that so you are truly a game changer. Speaking of the game game changers. Have you seen the movie I have in before I even get into that? I mean I just WanNa share on August the impact you and your family out on my own life and just how much a fan of yours and incredibly sincere. I've watched forks over knives yet more times than I can count Shared it with more people than I can count And you don't want. We got a chance to connect few years back. It was a terrific thing for me. No I've been a big fan of yours for a long time to be here being everybody. You surreal well. I I'm flattered. Thank you and so in the game changers. You saw it. Did you like it. I love that movie. Yes in fact. You're so intimately viable that but I'm having to stop myself showing you a clip. Because it's almost every time someone comes to my office injured in this subject. But of course that would be lost on you because you set the record for most I think most downloaded most downloads of a documentary ever and they broke it in a little over a week. It's remarkable and it resonates so strongly with me for so many of the reasons that it also resonates with you of course But even as somebody's building business it was really important for me to see this You know growing up we were very much exposed to the got milk campaign. I mean that was something that was a big part of culture and and maybe less so today but you know the use of athletes to promote a particular type of animal-based protein with something the California Milk Board. Did you know very well And and that was something that because of my own background and interest in the milk industry. My family was doing I paid a lot of to the got milk campaign with came time for me to start my own company I. She hired the original sponsor of that campaign. I'm Jeff Manning on the California Milk Board. He had left since you grew up on a dairy farm. I grew up in the city. Okay on my dad's a professor and we He he didn't like being in the city and so he wanted to have a place to recreate because he grew up in the country and so got a farm Very early on in my childhood and he's kind of entrepreneurial so ultimately we get wholesale cattle there Dairy but but he rate so To went back and found the person who who wrote the original mandate for the got milk campaign of someone named Jeff Manning on the California Milk Board and that led to that campaign with milk mustache. And you know Bo Jackson Derek. Jeter et CETERA. And so I asked him to come work with me so we were together for a number of years creating the future protein campaign that we have here on the go beyond campaign and it's been been remarkable woman named Beth. Moskowitz has brought in more athletes. I can count Really remarkable career having or you know deandre Jordan Deandre Hopkins Chris Paul. They are now getting behind the idea. That a plant based Diet is the best performance and so game changers just nails that yeah and and there's a scene in there with the Tennessee. Titans football players and chastity. Morgan yes is cooking. I think some burgers on a grill. Those beyond Meat Burger. Yes we love the the Morgan's and all they're doing and I think that's just a great story and you're seeing that Clifford throughout the NFL particularly NBA. Where lightness quickness is so important you seeing so many. Nba Athletes turn to a plant based Diet for no other reason improve the performance. They also love the social aspect of it. They love the disruptive Challenger. Let's let's not do things the way we used to do. Let's bring something forward in this. World is a little better for for their kids. The challenge the status quo. Yeah there's a big big part of that

Ethan Brown California Milk Board Founder And Ceo Meat Company Jim You Jim Cramer NBA California El Segundo Jeff Manning Cnbc Pike Aston CEO Bo Jackson Kramer World Headquarters Jordan Deandre Hopkins Amazon Clifford NFL
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:44 min | 1 year ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"It's Peter King hosted the aptly named Peter King podcast dropping every Wednesday I chat with big football people now. I've added a second mini dropping Monday mornings capsizing my football morning in America Column Listen if everyone in this country lost minds and decided to turn America into Kramer with measure king or Generalissimo or Grand Poobah you'd better believe that make some serious changes so what were the eighteen Vermeer of Jim Cramer like for those of you who didn't get that reference I think Google could beer red because this is a show about money then let's stick to the more mainstream elements of the Kramer regime for stars drives me nuts that we don't really teach our young people for about how to handle their money would it be crazy if you had to take your class personal finance for you graduate from high school I think it should be mandatory like those Awkward Health Classes were they show you how to put it Trojan on a banana and that was only vaguely a reference to the Elliott now sadly I am nobody's dictator even though I was a guest judge on the apprentice point I have no influence over education policy in this country but I do control what we talk about on this show so can I just take a moment to speak Works we all believe but very rarely get to say play conversation look money is important it's really important and carrying about the ah your finances does not make you some kind of superficial while monster save got a lousy credit score and you want to get married congratulations you've just inflicted your horrible credit on your spouse.

Peter King Kramer Jim Cramer America Column football Google Grand Poobah America Elliott
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:33 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Roth authorship to get his retirement. Savings going stalked his tax count. I prefer the roth at sue. Joe hart tweeted at jim cramer. You have repeatedly sent. You prefer individual stocks over for index e._t._f.'s. Do you ever write up somewhere. Explaining why okay remember i that one. I do one an index. I want to be five hundred fund and then i want you to put your first ten thousand there and then i want you to continue continue to use that as your retirement vehicle but i also think he should be able to try to pick some of the best stocks. That would normally be any cause. I trust you you watch the show. You're doing the work. Let's make some money together and individual stocks to not denigrating mutual funds not denigrating index funds saying let's own some stocks fox as a mad money situation up next is a tweet from c._s. Bowls who wrote at jim cramer just get rich carefully. We we had a kid earlier looking at it and the real joy your show too i had read the book and while he's not like get rich carefully. Frankly is because it is an indepth look of how to pit hit stocks against each other and the mistakes that i've made so many at times detail the mall embarrassingly so you can learn from them and now here's a tweet from eric who wrote axiom kramer. You're talking about heavy short selling interest. What percent would you call heavy ten percent. If i see ten percent shorted i sense sense that something could be wrong. Gotta do your work schwarzer wrong. They often are but that's what the percentage is that i look for coach pearson's tweeted at gotcha kramer. What do you recommend to keep squirrels out of the gordon. Okay we do not we have. I've got triple fence. I have boxes. I have underneath. I've got more offense and i've got chicken wire man. We got the whole shooting match and they don't get him but you know what my other box get in and i just have to throw this stuff away so do what chicken with as much fence. I spend way too much time. Thinking about fencing is a preoccupation of mine wrote at jim cramer. It'd be great if you can send some white on the age targeted 4._0._1._k. Portfolios are they well-thought will appreciate your advice. Look i just think the index funds are better and and then and you can lower at times you can lower how much index fund exposure and raise cash and that's a better way to look at it. I just think that's a much smarter and modern modern way than trying to assess what may be in an age related fun thick with kramer. I'll say there's always able market somewhere and i promise to try to find.

jim cramer Joe hart schwarzer pearson eric ten percent
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

03:22 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Or tweet me at jim cramer if the consumers in such great shape as i keep saying how how the heck can i keep calling for a recall. I don't recall when they were. The dow gained fifty points. This'll be declined point. Oh five percent nasdaq. Thank give point three six percents. I think this is an important question especially given the feds yearly jackson hole conflict. That's getting wobble coverage both today and tomorrow. I want our network as the consumer well. Let's just say what do we know about the consumer sewer shops at watch which is my acronym for walmart amazon target costco and home depot. What do we know about the consumer app stores doing quite well. We know the unemployment rates at its lowest level in for years so why in the world is president trump trying to hector the fed into cutting instruments and why do i believe in the president because it's not that simple people as i explained last night. We've got to economic worldviews colliding here. You look at these big. Retailers seems like businesses booming. You look at what's happening in the rest of the world the bomb market. It seems like we're headed new recession. I think the former world view is more accurate. I think it's smarter more intelligent more rigorous than to say the ladder but there is some truth to the slowdown these so and even the big fed jackson hole powell. The bear case deserves a very good hearing. Can i take the obvious what we should do is use the words of the use of the chosen one. The king of israel also trouble. He said point blank will have to take some pain in the trade war. If we want to get china changes it's unfair practices the economy being good shape now but if we keep getting more and more tariffs it could deteriorate in that case the fed needs to cut rates as insurance bring short-term interest rates closer to the rest of the world. It seems pretty reasonable to me. Why are they doing with trump stock. Why are they saying saying against this nothing in other words. They think that i just like it because i want the stock market. I'm worried that they don't understand things. We know that china slowing right that's important and while that's good for us in terms of winning the trae wards terrible from global economy when you adjust for inflation. These numbers were seeing from china. I think they're downright. Alarming the tariffs devastating and devastation is spreading to other trading partners especially europe speaking of your the u._k. Seems to be in big trouble. We don't talk talk about enough harder magin how they avoid going into a nasty recession if they can't take a hard brexit off the table. We got some positive chat about the negotiations today but these issues seem intractable brexit the german economy's shrinking. They've got negative. Interest rates. People are literally paying the german government to take their money but because they're so in love with austerity they refused to take advantage of the situation french economies barely grow the growth is a whole was up just point two percent last quarter. If you can call that growth when you look at the european bomb markets they're screaming recession and i actually believe that of course this is all happening overseas. Can we shrug off this world what weakness i wouldn't bet on it. If our the fed a year ago we had synchronized global growth..

fed china jim cramer president walmart israel german government europe costco amazon five percent two percent
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

03:40 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Or tweet me at jim cramer you wanna know the single most useless thing you can do in this business let's easy most useless thing you can do as an investor is to worry about what everybody else is worrying about the flip side is also true there's no point in getting excited about something that everybody else is eagerly anticipating why these when the vast majority of investors agree that something's going to happen well that thing tends to be already priced into the stock market while the real economy moves at its own sedate pace you got to borrow money to build out equipment then use that equipment manufacturer goods transport them to retail alison wait for the customer to come along and buy them the stock market has no such limitations stocks don't quite traveled speed of light well how about the speed of thought they come pretty close so the moment of preponderance of hedge fund and mutual fund managers decide that the economy's slowing or speeding up or flat lining stocks start trading like that's the case instantaneously usually take some time to build that kind of consensus which is why you rarely see these moves happy or once but once the big institutional portfolio managers are on the same page about something we can pretty confident that it's is baked into the averages instantaneously i mean that week it'll happen that week now this is some basic economic wanna one stuff now i don't have a ton of useful economists has profession they tend to take pretty ivory tower poach to the discipline split meaning they have all sorts of models for how the world's supposed to work also they can be very boring sorry but they rarely let the empirical facts get in the way of a good story at the data conflicts with the model economists have a bad habit of long way the data not the model however as long as you keep that cabinet mind economics can have some very useful concepts for investors one of these concepts is what's known as the efficient markets hypothesis this theory says that at any he given moment stock prices already reflect all the relevant information in the universe at that's out there at that moment and when some new piece of data comes out socks immediately adjust your like the new reality you'll often hear index fund purus setting citing this theory explain why it's impossible for stock tickers to get any kind of edge because whatever you know about a company should already be baked into share price can't get an edge as far as they're concerned marcus association that investing in individual stocks have basically the same as gambling if everything everything you know is already priced in that means your homework is meaningless and the only thing you can push stock higher or lower is some new piece of information that nobody knows it has to be something totally unknown because if anyone did no they would have already acted already burgo would be built into the share price that means this theory the only thing that can move stocks are unknown unknowns can use the products of former defense secretary donald rumsfeld and if you're merely betting on unknown unknowns well you might as well just play roulette it's more fun again that's why index fund advocates adore the efficient market hypothesis this theory tells them that it's impossible for individual investors to consistently beat the average so if you want equity exposure and the only way to do it is by putting your money in a nice low cost index fund that mirrors be on your as anyone who watches the show regularly does i know people that beyond meat beep whatever i had no beef with the knicks butts in fact i think that the best way for the vast majority of people invest the market i've said that almost since day one of the show even if you've got the time the inclination to pick individual stocks imagine them portfolio you still a big chunk of your savings into a cheap s..

jim cramer
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

03:15 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Three CBC or tweet me at Jim Cramer extra day where the average is opened hideous. And then roared higher Dow gaining one hundred sixteen points as be rising point six eight percent. Nasdaq volume one point one three percent. We gotta talk about what's making this mortgage tick, because it is just nutty right now. We're ruled by tariffs and trade with the Federal Reserve it lasts playing second fiddle, but not diminished entirely. So when we get weak weak retail sales numbers like we had today, freaking people out and treating a ton of short. So at the opening it sets the stage for terrific. Rob, once we learn mid morning that the president's auto tariffs might be delayed implying, right here, right here. This is what caused it implying that the president may be trying to put global pressure on China, giving him the upper hand and these on again off again trade talks. Bingo, look at. So here's what I wanted to other walk you through what happened in this crazy session, because it is a perfect encapsulation of the new normal. So let's go to the tape. I we got that feeble retail sales number I mentioned from the Commerce Department's down point two percent, and that's the second decline in three months. Widespread weakest and get this autos home centers and internet stores, steroids, ugly immediately interest rates plummeted. It was incredible. See we don't really want to see that because it says the Cottam go into recession, but, you know, the benchmark ten year treasury now has a two point three seven percent yield, and that's lows veer that's extraordinarily. Remember, just six months ago. Fed chief, Jay pal was worried about the economy overheating. Then he ratchet a pitcher traits. One time too many. And now we've got these negative retail sales to do with that we kill number led to a rough opening. But just when it looked like the averages we're going to give up yesterday's gains, the White House leaked the Trump's thinking about not putting any tariffs on imported cars, given that he was expected to hit them with a twenty five percent duty any minute. It was a major positive. And so the market screen tire. Just when the Dow Jones average was a bath roll over. He say that again, he's the teeny of the Dow Jones average. Now, I can't process importance of this league news and one fell swoop. Trump went from being a hated protectionists, no nothing to someone who might be cleverly assembly. A coalition of the willing in the trade war against the Chinese at this Wall Street. Of course, we have no idea if that's really the case. I mean maybe Trump just didn't want to data roll over and, you know, watch the Dow either way with those auto tariffs on hold for Japan and Europe you four buyer stepped in picking up the stocks of, of tech companies within European business. Yes. Facebook and alphabet, now don't forget about those retail sales numbers of cost bond yields to plummet. Suddenly stocks was safe, consistent dividends. Because a lot more tractive so bars clock to the Kimberly Clark's in the PepsiCo's the proctors in the coca Cola's plus week dumbers being. There's no way, the fed in titan anytime soon. I think it's counterproductive when the president publicly bashes Jay pal. Taking interest rates too high. They should harder for to change course without appearing to compromise. The Fed's independence but Trump's not wrong. We'd be in better shape at the fed would give us a rate cut in these numbers. It would be justified..

Trump Jay pal Federal Reserve president Rob Jim Cramer CBC Commerce Department Facebook PepsiCo Kimberly Clark Europe White House China
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:35 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"How about you? I am doing can't topic. I had a critical mass Bhutia for Jim Cramer on February eighteenth Transocean reports is it projected twenty four cent loss or is there. An upside surprise. You know, what I gotta tell you. I don't cough short. Join. It's just been real loser. If you wanna own off for Joey my smoke, go be I gotta tell you. I'm gonna say to travel trust slumber J, and I never thought summer take as low as their I own. Talk about my mistakes because that's what you can learn how about Craig New York, Craig. Twenty one percents on market access holdings. What is your recommend? You know, we like McVeigh when he was on. We're not gonna cash out twenty one percent more upside I need to go to heap in Colorado. A big deal. Bradfo how you doing? I'm doing. Well, Highland branch. Don't know what that well. But it sounds great. Sounds good thoughts short-term opinion on L momentum lamented short-term trainers to Gemma trading vehicle too hard for this guy on that to take a pass on. And that. Round is sponsored by TD Ameritrade. Listen to me, can we please stop taking people seriously when they say things like we're in a thin induce bubble..

TD Ameritrade Jim Cramer McVeigh Craig New York cough Gemma trading Craig Highland branch Joey Colorado twenty one percent
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:51 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Jim Cramer day to here comes the hard part though. Today's session made a ton of sensitive to the big China News from the g twenty this weekend. Even stocks opened four too high as often tell you an ended up pulling back somewhat Dow only closing up two hundred eighty eight points hasn't been gaining one point nine percent. Nasdaq one point five one percent, let's go over the state of player. What exactly went down north Gina? I'd say the president gave China ninety days to come to the table with substantial changes in the way, it does business plus the People's Republic lots to buy a lot of American-made goods just you're of goodwill. There's a lot here to be chewed on. But let's start with the tempering point. It may be difficult for the Chinese to change their economy. For example. I don't know how Chinese companies will stop stealing American intellectual property went at the moment. China won't even being. Dollars into doing it. That's the biggest concern among the companies I talked to. But there are a lot of other reasons to be stepped ical that deal still assuming the Chinese are serious about coming to the table. How do we try to profit from it? I mean, it is mad money not mad foreign policy. I will go over these ones. That was easy if China wants to show President Trump's some good faith, what can they do? Well, they have to be and that three visible. I the People's Republic needs to give us some agricultural orders. The news that might be concessions drive up the prices of pretty much the whole green cop today what the former do when they have more money in their pockets. Well, they buy tractor. It really doesn't matter how how much really much stock of John Deere's up many firms still have holds on the stock. And even after today, it's still down thirteen points from its high. I think is analyst more aggressively upgrade dear now, the China seems willing to play ball. You also hear the Chinese will buy more American energy. Please don't get sucked in there. The truth is when it comes.

China Jim Cramer president Dow People's Republic Gina John Deere analyst Trump five one percent nine percent ninety days
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

03:14 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Three CBC or tweet me at Jim Cramer. How are we going to know in this pain is over every where we open Dow sharply down and that had a sharp rally up now only gain one hundred and eight points, that'd be two point three three percent. Nasdaq inching up point zero one percent, I gotta consider what makes for a sustainable bottom as opposed to fail bottom that leads to still more like down, and that is the real conundrum of this market. Most stocks are in a bear phase here. Say all stocks just most for example, if you're in recession proof stocks and they deliver surprise surprising upside numbers, those stocks go up and then up in up each time. Someone was raises the price. They go up. But I can't believe how well Johnson Johnson behaving core oxygen sation Cuffy cessation stock like JJ's incredibly well run. And it's hidden all time high did pets got hammer when the company reported, but it's sort of through the Ernie spirit. We now know that the seniors that laid the stock low right back up puck and gamble cuckoo vein. Refused to quit. Dane and no bear market. And then there's the greatest story of all time. Bryson. Well, it's got a decent balance sheet three point nine seven percent yield. No international exposure, no tariffs or anything else that has anything to do with the government except for maybe the government allows sprint to merge with T mobile, which will all be Lau all the wireless companies to raise their prices as a consumer. I've much prefer we have real any trust enforcement. But if you have rising you can profit from the industry's anticompetitive behaviour. Those slowdown stocks of the chosen ones they can rally on bad days and good day. Sometimes I think that I think it's kind of like getting the David blades levitating them in this market. There's close as it gets to bulletproof even though they're valuations have gotten very very stretched. It's the David blame Moammar. Now, why are there session names keep climbing because pick money generally bears, but it doesn't want to leave the table. So when these fund managers finished telling everything that's not working, they by the recession east does because these are the only stocks that perform welders Florida big does that when they buy most doctored. They're fighting the fed and they're fighting the president. That's just too hard for most amid rather go and clerks by fries. Now, what about the other side of the trailer? How can you recognize when the beer market in the rest of the stocks is over? Okay. Well, let's talk about apple. This doc is front and center in the torture market that none dare call bare except for me. I want you to listen to apple which you know, I believe you should not trait. I want you listen to about health grace losing twenty five percent of its value listened to two hundred billion dollar vantage going. I can't fight. It. Anyone see it? And when she. See there you go. Okay. Apple caimant. What I tell you apple came into October with a full head of steam. In fact, it hit an all time high of two hundred thirty three dollars over the slide began the next day, not coincidentally the day that vice president Pence changed our policy toward China from simple trade war, something a lot more bellicose, Pensa speech, many things to people, but the most important takeaway for you was that the White House no longer seems to care about how much trade we do China worse..

apple Jim Cramer Johnson Johnson CBC China fed David blades Bryson vice president Dane T mobile Florida Lau president Pensa Pence White House
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

03:52 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Jim Cramer. I am telling you I'm telling you we are trapped in bizarro world. Again, the world where people soon that oil going down is somehow bad for the stock market. Sign of global economic weakness that could be a precursor to recession. Or the Dell was two hundred two points. Pete backslid point nine two percent. And the NASDAQ declined one point six five percent. Oils. Decline wasn't meet at the same time. Yesterday told us that it's ready willing and able to raise interest rates because the economy is too hot. Something is reflected in the very high producer price index got thirty between the feds simultaneously titan with the world's slowly. Well, investors. Plenty of reasons. Also, I think the feds reacting to old news and commodity and place may actually peaked last month. No one saying that. So I'm just out there doing it. I read the declining oils initial of supply overwhelming demand not demand waning. And you know what? When that happens. It's terrific for both consumers and for business. You're paying less at the pump industries paying less on the big Bill. But the last time we'll swim. You know, what we're plenty of hedge funds who set machines. It's algorithms to sell stocks. Every time the price of crude takes lower. They figure that the oil bear market is all about a lack of demand not surf that of supply. If that is your thesis, then you have to believe that we're headed into a serious lowdown, and that will result in a lot of a lot of shortfalls. I am not at that camp. I believe the opposite. I think lower actually creates a virtuous circle thing that people are negative, and it happened last time where we weren't say that hey, cheaper fuels actually good for how about ninety percent of the S and P five hundred ninety as long as it's caused by excess supply when you consider it the US Preussen twelve million barrels day, I remember when it was at nine, and we went out to the Bachan and people said it could never get to ten now, twelve okay? Abc's from just fierce go. So it's really hard to lead to demand issue when you see the supply pump. So what do you do with your portfolio? Nothing. What this nonsense play out get ready to buy some high quality, stocks companies, Ben floral class times working kin provided the fed figures out that inflation is going down not up. There's no hurry now with that mine. Let's take a look at our game plan for next week. It starts with of all things a Chinese company at home now. Norm, I wouldn't cover these companies Chinese companies in America all the time, but get this. This is a giant online platform for finding out about course. And I gotta tell you I'm concerned, at least from the point of view, the stock market that the trade war is hurting the Chinese economy that it's actually down slowly big now, personally, I am and have been from the Peter Navarro camp, he's the president visor who believes this time to fight back. If your years of the PR walking over us, this is I had when. Larry cudlow chief economic adviser battled me every night for three years, and Kudlow and Kramer said this is not something new anyway when China slows that tends to freak out lots of money measures. So it's important to know how the People's Republic is doing. Fortunately, China's listen, so many companies here, we can't get a pre reading our economy Alibaba today sounding good, you know, what the last time auto home reported it painted a grim picture of auto sales in China. You know, what I think it's gotten even worse. I'm regarding this companies giving us a key piece of data. We need to understand the world mosaic of commerce Tuesday. We are from Home Depot with the stock. That's down three points from its highs. Gotta pay people something that's probably unusual zoysia cluster. Rattus? High doesn't make any sense. Most investors have come to the conclusion that Home Depot should trade not with the soaring retail contingent..

Home Depot China Jim Cramer Dell Pete backslid People's Republic US Abc producer Peter Navarro camp Alibaba America Bachan Larry cudlow economic adviser president
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

04:04 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Seventy three CBC tweet me at Jim Cramer, the single best thing Subas thing that happened to stocks in November was the hideous bruising that we got and the mon- October as I survey the landscape Dowd, nudge, lemon points higher. It'd be lost point two five percent actually declined point five three percent after yesterday's five hundred point Dowell rally. I see market that suddenly is beginning to. Make some sense if you're bold you need a daily today consolidates instruments, yesterday's sure, stocks were mixed and we had some real doozy. Course tonight from yelp and activision blizzard. But what? Too bad ones. But when you rally as hard as we did Wednesday, you have to see some early profit-taking. Reasonable readjustment is not everything should go higher. Like did yesterday. It can't and shouldn't be that easy. Actual broad index fund buying in the wake of the election cautious rally when five hundred fun puts money to work. It doesn't distinguish between stocks that should go higher and stocks that shouldn't. That's what happens on the second day. That was today's action. Lots of people are asking me is that it is it over as the correction out of the woods. That's not a simple question. So I I want to put it in historical. Not hysterical. But historical context, this has been rallying pretty steadily ever since Donald Trump was elected president. He created pro business regime started the rollback regulation all over the place and procured a gigantic tax cut for corporations in many individual. Whatever you may think of a guy I'm come on the stock market loved them. But that will change when the president's which priorities earlier this year rather than being solely focused on the economy decided to crack down on our trading partners, chiefly China for their yes. Blatantly unfair practices. I'd argue that this had to be done China and particularly targeted whole American industries for destruction by heavily subsidizing their own competing manufacturers. However, the stock book, it loves free trade, and it's terrified of protectionism. The result. A frightening plunge. Earlier this year that roll back a big chunk of the previous rally. Now eventually worked our way back up to our highs. But then Tober October well rolled around and the president turn extra bellicose. Against the Chinese and the fed chairman Drome pal started talking about the need to overshoot with his rate hikes. Plenty of one more in December and three additional ones next year. Nothing. Nothing. These two events created a level of fear loathing blithering, the whole market and made us recognize that the world's a lot more complicated than many investors thought as always the speed with which she declined, no doubt. Trove another wave of investors out of stocks on the sidelines. It drives me crazy 'cause I don't want people to leave. But it's hard to take that kind of quick pain. The fear continue all through earning season, creating kind of negative feedback. Loop companies report strong quarters, but because of the Taras at higher interest rates almost every single big capitalization report litany of negatives, higher input costs apply chain problems possibly weakening. Demand serves the twenty thousand nine may not be such a hot year. And of course, the trade war with China. So we got more cuts. Right. We got more downgrades and work negative reserved. I've seen anytime anytime since President Trump was elected president the glass, speak quarters full that we had for so long has become a glass half empty. But you know, what that brutal October with that? Bruising is set us up for a possibly very good November. Let me pick three big household names, Amazon alphabet Napa give you their Nares. Show Why? you why I one Amazon reported they blew away the earnings they had really could revenues but management gave a forecast that was very much in keeping with the overall gloom. I went home that night bunt Abbasi bummed, right?.

president Donald Trump China Drome pal Bruising Jim Cramer Dowell Amazon Dowd yelp blizzard activision Abbasi fed Nares chairman five three percent
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

04:15 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Seven four three CNBC or tweet me at Jim Cramer house divided against itself can produce some amazing profits. I know that's not exactly Lincolnian sentiment. But one look at today's action where the DAL search five hundred forty five points. The P pulled in two point two percent. Dash deck sort two point six four percent. Tells you that investors love gridlock. I by said they're coming off the sidelines to buy, but that's not all the driving. This remarkable run house of pleasure. I've been in this business for almost forty years, and I've noticed this pattern. I call it the big bat bad event theory big bet of when something uncertain on the horizon. Why can election it paralyzes some investors and close some others to make serious mistakes. Normally up growls. There are plenty of people who have no idea what to do with this big bad vet. So what what do they do so often they panicked before hit? And then do nothing when they should be by into the week to sit there creating in also, and that's exactly what happened again going into this election panic paralysis big bed event. Of course, there were many steps leading up to the panic in the process, especially Jay pal that chief his comments on October second about the need to keep raising interest rates in lockstep to stop inflation. Tone death must regret that one. Oh, as well as Mike Pence, vice president his big speech two days later Hudson institute, we're explained that our trade war with China wasn't about trade at all. It's about containing the rise of China as a regional superpower. But cutting back on commerce with the PRC Pence speech read like something wrong. Reagan would have said about the Soviet Union right down to the notion that the P R C squelch dissent and do not have religious. Freedom. I'll tell you something between pal and Pence. It was a one two punch. We're rate hikes slower economy, long lasting trade war with China. Essentially hurting a lot of industries we then got a couple of high profile res MRs. Plenty of negative come from CEO's about rising labor commodity costs freight supply chain, not to mention the strong dollar put together. And we got last month's epic train wreck. Now, we rebounded since then but going to the election, many people were just so plain fearful of any outcome. No matter what. So after billions mini stocks in October. They husbanded their cash waiting to invest until after the election. That's how the big bad event theory works, and that's how played out on your squeeze or on that thing. That's underneath me. Right now. See it. It's quite a bit here. I think we would have rallied regardless of the results. Although gridlock, certainly helps us lots of investors were hoping that Washington would become less of a factor for the stock market. And that this Trump stock with way more, but you know, what it wasn't just buyers coming from the sidelines. There's so many hedge funds, especially what we call Kwan funds, which makes algorithms that were set up to make bets against certain sectors of the market, which meant you also had a considerable short based in other words, people betting against the by go into action. So let's take healthcare. I don't know if you saw this dachshund to healthcare insurance if they were up crazy. Well, here's why if you believe that Republicans would hold both houses of congress with an expanded majority. Then you had the suit they would repeal ObamaCare something they almost managed to do last year and getting rid of ObamaCare would be really bad news for the whole healthcare court really all them because let's think about this. It means these companies get less business. That's what happens when means that people lose their medical insurance Floyd though, it may be but anyone who made that bed had to quickly unwind their short position. Today because the car system will be preserved with the democratic majority in the house. That's what's going to happen. That's why the healthcare stocks. I've mentioned rocketed walk it there the hospital remember told you about hostile h I mean, it's got more to it. There's the health insurance led by United health. How much do we love United health? The stock and seventeen Michael might ORF. Right. The latter would start support when Democrats took the house..

Mike Pence China Jay pal CNBC United health Jim Cramer Soviet Union MRs. Plenty Hudson institute Reagan Michael vice president Washington Floyd CEO
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

03:54 min | 2 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Three CNBC or tweet me at Jim Cramer. How do we gain out the potential outcomes of this election today, we saw a lot of bets on possible scenarios bets being made? I think frankly with all that not all that much information. Well, let me try to interpret what the buyers and sellers were doing to understand why the Dow gained one hundred seventy three point say, yes. And be Vance point six three percent. And then ask that kind points. It's four percent. And there for maybe get some insight into what they might do. I most of today's buyers embraced the concept that we're going to have gridlock. Most likely gridlock caused by the Democrats taking control of the house of representatives. Why don't veterans look we'd walk so much because historically when Washington can't get anything done. That's been very good for stocks. But as good look really good right now, we got a game this out. Okay. On the one hand. We're not getting any more. Tax cuts with the do nothing. Congress. So once we anniversary of the presence us tax reform packets. That's no longer going to bolster our growth anymore at the same time. There won't be enough votes in congress to block President Trump's trae war against China. That's gonna keep puttering along and Federal Reserve looks set to keep raising interest rates one can December and then three more next year. If you own stocks, this quit lock scenario results in dramatically slower economy. That's the sound of a slower economy. Not great news for the market as a whole, but it's driven for the highest growth stocks that can keep putting up terrific numbers. Even during a Slota think Amazon alphabet, the cloud place, the cyber security stocks and many of the non-semiconductor names like broadcom and Qualcomm, which are tied to the roll out of five G wireless technology, not the border me. And I could argue the five G wireless technologies going to go on no matter who's in congress. What else then because if historically liked biotech while disliking big forma? Here's an idea you could easily buy biotech ETF year. These are all these talks are always there just really far down. So I like the X P I owe it will do the job. Although again, because we have gridlock. I'm not so sure there's much democratic house to do for the biotechs. So that's kind of more ethereal. What does it work when we have block? I don't think it will be great for the consumer what's being alleged tax cut. There's nothing else. Coming but interest rates and tariffs are still going to go up. We shouldn't tremendous rally in retail going on. Endlessly. I seemed to Peter out today could come to a truly screeching halt moral. I'd be very careful here. I bet many hedge funds would like to go wall Amazon which has been down down down and go short all the retailers which have been up above except perhaps discounters like TJ extra potent stores Dollar General how the Republicans keep both houses of congress. Well, I got one that is what I need you to do this. I need you to go by the defense stocks. Northop grummin lucky Morton and Raytheon all everyone had outstanding quarters among the best. We seen this year. And yet what happened? Stock so cloud why because fears that congress would end up cutting the defense budget. If the Democrats can't control of either house while both parties love showing up money for military hardware, the Republicans love that even more. So if they can hold both houses of congress, I expect a roaring bull market defense stocks, or at least a cessation of the nasty bear market. That's been going on. Now bite. Also, clearly by the soccer, Boeing, even with the trade war against China because I believe the Chinese Nivo and move them Bowie needs China. Sure, the company sells a quarter of its planes to the People's Republic. But the weightless for commercial aircraft is many many years long and to China wants to switch to Airbus. They'll have to get to the back of the line. And I think demand stay strong because of the growing middle class in developing countries, like China, speaking of the tray world, I know that there are plenty of traders who believe that if Democrats can take both.

congress China Jim Cramer CNBC Vance Federal Reserve us broadcom Washington Airbus soccer People's Republic Boeing Raytheon President Trump Qualcomm
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:53 min | 3 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Cbc or tweet me at jim cramer this this is what the market looks like we'll make you just stop thinking about the trade tensions with china for one day dow surging three hundred and twenty points snp climbing point eight eight percent nasdaq gaining twenty percent to what's happening here very simply this rally was continuation friday's move based on those incredibly robust employment numbers the labor department but with a whole new kupa stocks leading the way as i'm always telling you from the perspective of the stock market there is no piece of data more important than the labor parts nonfarm payroll report a bad employment number lingers like full out after a nuclear blast a good one creates a halo effect that lasts for longer than what day without any saber rattling on trade from the white house we convert to a regular scheduled programing we're fabulous jobs data produces fabulous stock barky gates took the in the kind of sickle stocks that looked like they'd fallen out of favor until we saw this number groups like the industrials let's start with caterpillar everybody does it at to be a phenomenal interferes cat hit a wall that no earthmover could possibly budge incredibly the company a total blowout quarter then that proceeded to throw cold water on the rest of the year with comments about having a great quarter may be the high watermark earnings at the time it seemed like well cap was talking about march is coming down but since then the trade war has taken on a life of its own and that's made people so scared so afraid that they sell sell sell on every opportunity so now the finest industrial and america has a stock that's off ten percent for the year down thirty two points from its i because of concerns that it may be cut off from its best growth market which is china the thing is caterpillar still doing very very well and today people seem remember that even with the stock gaining more than five bucks i still think is cheap food door that said we're about coming up with new ideas oh may have money and i actually prefer united rentals with the stock that's also down ten percent but on my cat this one's all domestic with no chinese exposure just last week united rentals baker corporate tank pump infiltration rental business dovetails perfectly with their existing equipment rental operation which is on fire caterpillar sells for thirteen times aries but united rentals sells for merely ten times earnings and again is your china exposure which means it even cheaper than it looks i know the stock rain up more than five dollars today guilty but at this phenomenon environment continues i think you'd have a much bigger move think of this company as the direct way to play friday's fantastic employment especially rebounding construction manufacturing plus with this high.

jim cramer china white house united rentals america ten percent eight eight percent twenty percent five dollars one day
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:53 min | 3 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Cbc or tweet me at jim cramer this this is what the market looks like we'll make you just stop thinking about the trade tensions with china for one day dow surging three hundred and twenty points snp climbing point eight eight percent nasdaq gaining twenty percent to what's happening here very simply this rally was continuation friday's move based on those incredibly robust employment numbers the labor department but with a whole new kupa stocks leading the way as i'm always telling you from the perspective of the stock market there is no piece of data more important than the labor parts nonfarm payroll report a bad employment number lingers like full out after a nuclear blast a good one creates a halo effect that lasts for longer than what day without any saber rattling on trade from the white house we convert to a regular scheduled programing we're fabulous jobs data produces fabulous stock barky gates took the in the kind of sickle stocks that looked like they'd fallen out of favor until we saw this number groups like the industrials let's start with caterpillar everybody does it at to be a phenomenal interferes cat hit a wall that no earthmover could possibly budge incredibly the company a total blowout quarter then that proceeded to throw cold water on the rest of the year with comments about having a great quarter may be the high watermark earnings at the time it seemed like well cap was talking about march is coming down but since then the trade war has taken on a life of its own and that's made people so scared so afraid that they sell sell sell on every opportunity so now the finest industrial and america has a stock that's off ten percent for the year down thirty two points from its i because of concerns that it may be cut off from its best growth market which is china the thing is caterpillar still doing very very well and today people seem remember that even with the stock gaining more than five bucks i still think is cheap food door that said we're about coming up with new ideas oh may have money and i actually prefer united rentals with the stock that's also down ten percent but on my cat this one's all domestic with no chinese exposure just last week united rentals baker corporate tank pump infiltration rental business dovetails perfectly with their existing equipment rental operation which is on fire caterpillar sells for thirteen times aries but united rentals sells for merely ten times earnings and again is your china exposure which means it even cheaper than it looks i know the stock rain up more than five dollars today guilty but at this phenomenon environment continues i think you'd have a much bigger move think of this company as the direct way to play friday's fantastic employment especially rebounding construction manufacturing plus with this high.

jim cramer china white house united rentals america ten percent eight eight percent twenty percent five dollars one day
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

04:12 min | 3 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Cbc or tweet me at jim cramer i'm constantly telling you the discipline always trump's conviction i say over and over and over again in other words no matter how much you make love a stock no matter how enthralled you are with the underlying company if the rules say sell it sell sell sell you sell it one thing i've learned in my investing career no matter how much you might believe in something you violate the rules of the road at your own peril but where the heck to these wolves come from it sound like they were handed down from one high and carved into stone tablets then i like the laws of physics she can't just deduce them from observing the way the market works the way you can do say gravity no the rules come from experience in particular my experience i've spent nearly forty years in this business and in that time you'd better believe i've learned some powerful lessons in many cases i learned the hard way and because i don't want you to repeat my mistakes because i do want you to have the benefit of my whole career tonight i wanna lay out some of my most important rules for investing the stuff i really live by now some of this stuff may seem basic but again you forget the rules at your own peril beckham hedge fund where i labor for a long time i'd occasionally convince myself that it was okay to make an exception to have a cheap day to ignore my discipline just this once for some reason that seemed compelling at that time and whatever broke my rules well let's just say i got burn it's like that old joke about the guy that goes to the doctors this doctor doctor it hurts when i stretch out and shake my hand around to which the doctor plus and don't do that so what exactly should you be doing or not doing as the case may be let's stick down my most important rules for investing starting with number one bulls make money bears make money and pigs they get slaughtered look i say this all the time because that's because so often in my career i've seen moments where stocks went up so much the people were intoxicated with their games of course they'll slit they were genius stu hovers precisely at this point of intoxication that you need to remind yourself not to act like a pig i i heard this phrase on the desk of the old trading of the legendary steinhardt partners i'd be having a big run some stock in the legendary michael steinhardt would tell me that i'd made a lot of money perhaps too much money maybe that's being picked i had no idea it was talking about i was just grateful i caught a major game of course not that long after we got a vicious so off and i gave back everything i made and then some that's one nine enshrine the bulls make money peirce make money pigs gifts lord thesis as one of my rules and now it's so deeply ingrained that i've got a barnyard full sound effect buttons to tell the whole story as i just did the bull the bear the pig and of course the guilty just to be clear bulls don't have a monopoly on pinkish nece the exact same idea applies to investors who press their bits to aggressively in the short side we've had some major declines over the years but other than the dot com burst in two thousand and then the financial crisis in two thousand and two thousand nine systematic risk most docs did bounce back pretty quickly and at this point that you've made a killing if you went long at the lowest two thousand nine but if you stayed short if you were pigs gut greenie betting against the market when it was going down you got slaughtered of course it begs the question how do you know when you're being pig look at what's there's no such thing as stupid questions only stupid answers but honestly you don't need me to tell you when you're being a pig if you didn't feel greedy let me hit an all time high and the nasdaq in two thousand after three thousand point run almost no time flat you need investment advisor in your psychiatrist if it took profits you sidestepped the climb if you let your.

jim cramer trump forty years
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:02 min | 3 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Cbc or tweet me at jim cramer either i am very lucky or the bush gods were listening to last night show and they decided they decided to slaughter few bears on the altar of higher prices today i don't know how else to explain such a robust rally dow surging fear forty six points some climbing point eight six percent nasdaq visiting point six seven seven other than a small increase in interest rates is the louis little bit higher thrifts going and yet another decline in the dollar which helps get the moly nationals quite jig remember last night i told him you can't have real sustained rally here unless we get more leadership's got to broaden out i said we could rally if we got say something beyond the banks in the retailers like healthcare like industrials like transports we'll guess what today we got almost all them in fact ten out of a levin sectors went higher and it was if you're a bull a glorious thing to see unlike yesterday we had tech and retail not much else today's action had a lot going for it despite the lack of any big macro that kind of data from the government figures so let's start by ticking down the most visible winners because i think that they are exactly what leadership is i is j p morgan screen tire all that any bidding rise in interest rates this move is classic people just classic as desperate left from behind bulls onto anything that stole bailable that might be cheap jp maury having the time of its life lending here and talking share taking share i mean you know what they're killing it in europe is shebang keeps cutting and cutting and cutting so most gotta take up the slack i think it's going to be the house of morgan or the bank as it's called new york i'm not kidding you when you hear the bank in manhattan it's not like take it to the bank it's the house jamie diamond bill what's driving the here sending the stock up more than two percent i think they're looking at what happens in the second half.

jim cramer europe morgan new york bush eight six percent two percent
"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:02 min | 3 years ago

"jim cramer" Discussed on MAD MONEY W/ JIM CRAMER

"Cbc or tweet me at jim cramer either i am very lucky or the bush gods were listening to last night show and they decided they decided to slaughter few bears on the altar of higher prices today i don't know how else to explain such a robust rally dow surging fear forty six points some climbing point eight six percent nasdaq visiting point six seven seven other than a small increase in interest rates is the louis little bit higher thrifts going and yet another decline in the dollar which helps get the moly nationals quite jig remember last night i told him you can't have real sustained rally here unless we get more leadership's got to broaden out i said we could rally if we got say something beyond the banks in the retailers like healthcare like industrials like transports we'll guess what today we got almost all them in fact ten out of a levin sectors went higher and it was if you're a bull a glorious thing to see unlike yesterday we had tech and retail not much else today's action had a lot going for it despite the lack of any big macro that kind of data from the government figures so let's start by ticking down the most visible winners because i think that they are exactly what leadership is i is j p morgan screen tire all that any bidding rise in interest rates this move is classic people just classic as desperate left from behind bulls onto anything that stole bailable that might be cheap jp maury having the time of its life lending here and talking share taking share i mean you know what they're killing it in europe is shebang keeps cutting and cutting and cutting so most gotta take up the slack i think it's going to be the house of morgan or the bank as it's called new york i'm not kidding you when you hear the bank in manhattan it's not like take it to the bank it's the house jamie diamond bill what's driving the here sending the stock up more than two percent i think they're looking at what happens in the second half.

jim cramer europe morgan new york bush eight six percent two percent