It seems that way with the s p climbing 1. 1 and the s p 1. 8 and today for once seemed rooted in something very positive. The end of the greek disaster scenario took it off the table and there were plenty of people who believed that if greece broke with the euro there would be pure chaos in the financial world, dominos and those investors are now off the sidelines buying or recovering their short positions meaning buying back what they bet against because you most leakly arent going to see drachmas any time soon. The woman who ran the show the whole time german chancellor Angela Merkel closed this morning at 3 00 a. M. And lets just say the greeks blew it. They went for broke and got a terrible deal because in the end they wanted to be in the euro more than the germans wanted them in the euro. The germans were willing to throw them over. I think the europeans threw in the plan because they wanted to force them to vote yes. Maybe theyll see Leftwing Party propaganda that the deal wont be approved and i think the greeks will most likely accept these onerous terms and they have no choice and the issue will be behind us and the deal seems to contain enough provisions to make the greeks heel to all of merkels demands simultaneously if they want to be in their banks so bizarrely the deal might actually work this time. Are we all clear . Now you know my thinking. When you own stocks you are never out of the woods. Whether they be because of the New York Stock Exchange trading halt or the threat of a fed rate hike and you want to go to the emerald city even if youre king of the forest. Its just a fact of life plus there are real issues for this rally. Everythings going up and that is not realistic. Thats just futures driven and s p futures move things up and you have the airlines and autos and retailers and drugs and biotech and international industrials and aerospace and housing and the oil is all going higher and the rails and utilities and mass limited partnerships sat this one out and thats really the reverse of a selloff where everything goes down on day one including stocks that shouldnt have. Tomorrow will be a different story especially since johnson johnson, wells fargo and j. P. Morgan report before the bell. All three are incredibly controversial even though theyre household names. J j has disappointed for several quarters and a Charitable Trust owns it and why . Because of longterm undervaluation of 3 yield and im concerned with the super freakin strong dollar its not 50 cent. It couldnt matter. Hey, come on man when youve got the guys book come o im a pro here. [ indiscernible ] see you later. J. P. Morgan and wells fargo are plays i like 50 cent. Some spice thrown in for Investment Banking and j. P. Morgan and cross sell for wells and the real issue is Interest Rates and how much they can make off your deposits and given that rates remain low you bet theyll disappoint on the margin line which is the data point that people care the most about. Nevertheless considering how close we are to the fed raising rates i think there might be guy jumpers anxious to get in and hence my Charitable Trust which you can follow has a big position in wells. You know what . If it came down i would like to make it bigger. Thats day two in a nutshell. How about the intermediate future and thats the timeframe we have to adopt for many of our trades and some of our investments. What could allow us to get into a meadow remember, were never out of the woods, butta i beautiful, sun shiny meadow for the dow and the s p 500 . You know what i put together a list. A handy list of what needs to happen to get us into launchpad position with a failure to launch likely if the vast faj orit of these targets arent met. First the greek government does need to agree to germanys plan and its so punitive there will be a lot of noise and the greek population is tired of the banks not working and its spitting out not drachmas. It was not having an incredible backup plan. Second china needs to continue having a more buoyant market. Its clear that things got out of control there and weve been able to have a relief rally, three days because of stopgap measures by a government that literally fears for its life and doesnt want a stock marketled revolt. I know you think these measures wont work but remember china is a communist country that doesnt play by your rules and my rules. When you freeze bad stocks you criminalize all sorts of selling, it does put a damp or a bear market and i think thats what the Chinese Government may be engineering here. Third, more importantly, we need to see chinas economy turn around. Weve gotten higher and higher ratings lately so the excellent gauge of chinese growth is showing us that chinas lower rates may be a sign of Something Big happening. Do not discount that. Fourth, heres an odd one, but im going to put it out there. Maybe not popular, we need an iran deal. You may hate iran but it could really help the global economy. Big country, that matters. Its bad for the oil stocks but i think it will be based into the part of crude already and partly because opec turned around the oil futures, by the way, an assumption of pretty hefty declines in the shale prospect again, im not a fan of iran but a deal would help Worldwide Growth and thats important when growth is suar. Reluctantly, just calling it like said as my partn made clear to me earlier today when i said oh geez i guess iran being back in with the rest of the nations probably does help the world. Anyway fifth, we need the fed to go ease owe rate heights and yes, we heard from janet yellin and its not like were booming. Do we need to have a rate hike . Probably yes, now that greece and china seem to be not so bad. Does it have to be in september . No. Will it hurt stocks . You know what . It depends on where they are going into the rate hike. If theyre down before the rally began and it may not be that bad, six the euro was crushed today and a sign of the germans winning out and the biggest beneficiary from a weak euro the dollars got to cool off in order to prevent severe number cuts coming from the drills. Seven, we need to get through Bank Earnings like wells and j. P. Morgan tomorrow and its got to be done with a positive fuel with the future net interest margins because the financials are a biggest component of the s p 500. Eight, we need to get some sort of pulse in the tech sector. The second biggest group. Right now weve heard nothing, but slowdown calls on everything from personal computer sales that are down double digits to tablets and even cell phones of late courtesy of chinese weakness. The latter must turn around and way too Many Companies in that sector or there will be too much disappointment in the entire group. The charts are signaling they wont turn around but they reflect the bear market in china and that could reverse. Nine we need those activists and takeover forces back in action. Ill be interviewing nelson blackman on wednesday morning for delivering alpha. Ive got to know if this wave is over. They seem to be taking a bit of a break because of the turmoil although cramer fife the Pipeline Company that dominates got a bid today. Hey, the more the merrier. Finally, number ten. We need oil to stay where it is and the sector is too important for the sector to get crushed so we need equilibrium that stops the oils from plummeting. A fine line but a necessary one. We get ten of these and then we are headed to alltime highs and 2015 is going to be one of those years where the tugofwar between the bulls and the bears will indeed remain a draw. Josh in california. Josh caller dr. Cramer good to speak to you again from los angeles, california. How are you doing, partner . Whats up . Caller very well. So heres the situation, we have a back and forth on greece right now. We have back and forth on iran and even with the deal with iran and what will happen and who knows what will happen everward whether it be a cyber attack who knows . Ive noticed two areas with the major decrease and one is an oil and the other is gold. Within oil you have and i know youre more favorable for the small caps like Conoco Phillips which has taken a gold side i know youre favorable with gold but i like apx. Lets talk about this josh. First of all, i dont like the gold stocks and i like the gld. Second oil, Conoco Phillips and almost 5 yield and its interesting and the little spike in oil has caused the airlines to have problems and then immediately we have a less of a use of oil, by the way, spirit air cuts forecasts and thats important because i said that the airlines cant be knocked out of the box. I like the oils and i am early and some people can say i am wrong, but they do represent value to me. Don in florida, don bbbbooyah wow caller i want to thank you for all that youve done for your viewers, jim. Oh thank you, man. Sometimes i get a little heat. So its great to hear. Thank you. Thank you. My question is this, given the runup of starbucks over the past year is it time to sell my share . No no my charitable stock, we made a mistake and let too much of the stock go and the company is doing a great job. Its taking share and its taking names and making money. Do not sell starbucks and it will get us going again. If we get some of it checked off this year if we dont get them all it will just be a draw between the bulls and the bears, but if we do get everything checked off, then we are indeed in for some alltime highs and mad money tonight, well continue with some of the biggest names in tech but box just cant seem to break out of the box. Can it start unupon wraing gains or should we stay away . Ive got the ceo. Netflix, fitbit amazon chipotle google and what do they have in common . Ill observe it just ahead, and it will probably not make you any money and ill dive into a sea of province when we kick off oh my shark week stick with cramer dont miss a second of mad money, follow jimcramer on twitter. Have a question . Tweet cramer madtweets and send jim an email at cnbc. Com or give us a call at 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. When youre not confident you have complete visibility into your business, it can quickly become the only thing you think about. Thats where at t can help. At ts Innovative Solutions connect machines and people. To keep your internet of things insync, in realtime. Leaving you free to focus on what matters most. Okay. What are we supposed to do with box, the cloudbased storage for mobile business platform. For those of you who dont remember, box came public with a bang in january. The stock pricing at 14 and soaring to 20. 20 and closing at 20. 23 on the first day of trading and it now trades at 17 a share. However, after languishing in the midteens for months i have to wonder if we could be approaching the moment when box becomes too attractive to ignore and even though the company is facing serious competition from google microsoft, dropbox, we know the results have been pretty darn solid and the Company Revenue coming in at higher than expected and rising 75 year over year and not to mention a smaller than expected loss a monster 58 increase in billings and raised revenue guidance for 2016. All of the things i like with 37 million total users on the mostly free data storage platform and 47,000 customers who pay for a Higher Quality of service and i think box found a Business Model that works for me. If despite initially rallying when the Company Reported the stock has now come back to where it was before box reported. I think some of that might be because of the lockup on Insider Selling which expires in a couple of weeks puts pressure on the newly public company, however this could become a compelling story. So lets take a closer look at aaron levy, the cofounder, chairman and ceo of box to find out where the company is going and how its doing. Have a seat. Thank you. First thing i want to do is people who dont know the company will say what do they do . What do they do for the Justice Department . What do they do for chipotle . There is a company and an Agency People know. Thats the spectrum that we serve. Burritios to the department of justice. So what we do is weve built a platform that helps businesses and organizations be able to securely manage all of their data so that they way can share it in and outside of their organizations and they can access data from mobile devices and everything from the individual in a company that wants to be able to share and work in new ways all of the way to how the enterprise manages all of its content and all of the data thats the platform that we built. I know you talked about it and on the june 10 2015 apple mentioned one of the recent rates to extend the reach of ios and the enterprise. A lot of people have apple at home and they get to the office and its not an apple configuration. Box has the answer to that. What we do is we bring a consumergrade ease of use to being able to share and collaborate around the content whether its on an apple device and whether its on your desktop computer and no matter where you want to access your information and we try to bring that consumerization of i. T. Mindset to Enterprise Software and thus to employees in large organizations. So lets take the one thats always mentioned, dropbox, and the 10 billion valuation that hasnt come public yet so we dont really know but what will they offer and im happy to have them on. We can have both up here. You have friendly competition unlike some that ive seen but what do they have that you dont that you think that you lose some business to versus what you versus them. They tend to focus consumer and Small Businesses and we focus medium businesses to Large Enterprises if youre a General Electric or toyota, chevron or eli lilly and manage data at scale in the enterprise and thats the market were focused on which is why we have 50 of the fortune 500 and 47,000 businesses that use box and we dont focus the consumer market. While individuals can sign up for our product for free and bring it into the workplace thats an acquisition channel for us. We dont focus the consumer use cases or the consumer side of the market which is where dropbox is prevalent. We spent a lot of time on ibm and ibm very clearly wants to get into faster businesses and they know that some of their legacy businesses arent doing that well. I thought it was very interesting that they have to make partnerships and the next partnership i read about is box. Yes. We like that. So the Big Partnership there is ibm. Incredible company with a very large set of assets and the portfolio around how businesses really run and operate in the back end of their business and what we do at box is we help individuals and teams be able to share and collaborate. We saw this huge opportunity where what if we could take our technology which is meant for individuals that want to share and Work Together and connect them with the Ibm Technology which helps run the backbone of a business and the work flows of the business and the security of the business and so we decided that instead of competing with one another we account have a great joint partnership and we announced that two and a half weeks ago and its a set of huge product areas for ibm and theyll be helping us with go to market and their Consulting Division being able to build solutions around box for Large Enterprises. The collaboration market confuses me because i look and see collaboration with some companies that are also your competitors. Can you tell me how that works . Think this is the new state of Enterprise Software so in a world of best of breed platforms where you want the best in class and Human Capital management and the best in class crm from salesforce. Com and the best in class from office 365 or best in class content management from box and you have them to interoperate which means that Companies Like box and microsoft will be partnering with one another in many areas of our businesses even though we might compete on the fringes and thats a big change in the market so microsoft, we announced a partnership with them about four weeks ago. Right. Where we let you take all of the data and box and we have over 1 million documents in box and you can edit that content directly in office and online. To microsofts credit and under satya they decided theyll open up key parts of their product each though we compete on the fringe in some areas we end up being way stronger partners when you look at it from a holistic standpoint. Thats happening from microsoft and sales force are big partners. Yes. Microsoft is building on top of an ios and were looking at a best of breed, oriented landscape and thats something that weve been driving for the past ten years and were really excited to see it come to fruition. My last question is this expiration is coming and i know a lot of people feel you know what, the companys public and maybe it shouldnt be public. The unicorn phase. I think your company would have been worth a lot more right now, honestly, im not kidding private than public. You should have told me that seven months ago. Yeah. I should have said it. You had the lockup expiration coming and i dont know youre probably not i know you focus your business so you dont focus on the stock. Would you be a seller when it comes up . No. Im not selling. That pretty much says what i wanted to hear. Im a very longterm holder of our stock. Well, i dont get the valuation and the unicorns and i dont get your valuation. Your is too cheap. You guys can all decide that. Thats the market and thats what it does. Aaron levy and the cochairman and ceo of box. Ien you understand about what it does. Thats been the missing piece of the puzzle as far as im concerned. After the break ill try to make you even more money. No need to fear whats lurking in the unknown, cramers got the answers. Chart week kicks off tonight with facebook. Cramer is doing a deep dive into the social media giants latest move. Is the Company Worth keeping or is it time to unfriend . Dont miss it. On days like today you realize that you just cant keep these hyperGrowth Stocks down. They wont stay lower and they wont obey the negativity and theyve got to rally and rallying hard. Buy buy, buy on even the smallest of analyst pushes only after the smoke clears from the battlefield. Now ive often spoke about the idea of the battle and the market between the longs and the shorts. Sell, sell sell buy buy, buy, buy and the selloffs that ensue when the shorts win out. Ive stressed endlessly that you need to own superhigher growth names from the analysts that can creep the stocks out of the fox hole and are emboldened to make incredibly positive sometimes outrageous calls. [ shots fired ] buy buy, buy what do i mean . Today we were chock full of them. Lets start with netflix which as Goldman Sachs pointed out today could have a totally Addressable Market of 460 Million People by 2020. Thats right. David said what number . 460 million by 2020. Now it just so happens that this stock which was already up 107 for the year reports on wednesday, and i would think that goldman wouldnt have made this call if they didnt believe the quarter ahead of us and not the 2020 quarter, but right ahead of us would be good and netflix, of course is immediately up 27 bucks on this 460 million, and second fitbit say we have rollouts of the ipo that everybody seemed to hate and they were shorting all over the place and the ipo seems to have generated a lot of steam and the reports were overwhelmingly positive. Fitbits an ecosystem, people. Its not just a device and its priced well under my apple watch which is telling me the weather right now and i just want to know if ive taken enough steps. They are wildly popular and my favorite note came from suntrust and i call him the sun god and found that sales could be dramatically higher than expected. The stock can still move much much higher and the conserveative valuation targets dont get stressed at 50 and seven bucks from here, and i think the stock will surprise people big when they announced this quarter and we have the news from amazon that has a sale coming up and the big sale and how terrific it will be. I told you when the smoke clears theyll come out of the bunkers. Thats what happens when the can has stopped firing and its been around for so many years with amazon its become a given and heres one we havent thought of in a long time and last year we got a call from a smaller Brokerage House that chipotle might be back after a real hiatus of love. The stock worth 26 in a up couple of days and once the smoke cleared and the battles over, 18 points today. 18 points next up, apple had a technical breakdown and remember the world was so scared that apple was finished. Why . Because of a slowdown in chinese cell phone orders thanks to the onemonthold bear market over there. That created whats known as a major short base betting against apple and now the stock seems to go higher in lockstep with the three days in a row that chinas bounced and weve had a multiple number of bumps who dont believe the slowdown in this cell phone business. There are always retailers that emerge as leaders of good markets and while you might not think it is possible that a company they talk about endlessly, ulta salon should be important. Youre wrong. Hallelujah this is the Fastest Growing company of any retailer and when it crossed the 10 billion market and continues to go higher up almost four points today to another alltime high it matters and ulta is not done finally a stock that hasnt done anything in ages and one i mentioned last week google. Google today j. P. Morgan came out and i read it and i said this is going to gun it. What did they say . The second might half might not be as bad as people think. The stock jumped 15 bucks. The reports of the demise of googles stock may be premature after all. Heres the bottom line and this process of recovery after slop always starts with the hyperkinetic Growth Stocks. Always. Its textbook, like it or not and the gray beards dont like it. [ roaring ] this is the calmer pattern and it is immensely bullish it was in evidence today and i dont think its going away as many positive analysts will start emerging from the safety of their bunkers tomorrow now that they see a bullish call that they make and inspire a huge jump. Its the coiled spring factor and its come back once again. Bill in washington bill . Caller booyah, jim. Booyah, bill caller great day to be a soldier. The question i have for you is airlines. Specifically, alaska and hawaiian. I picked these up for a little bit of change back in 09, and they just you know what theyve done especially alaska. Well, ive got to tell you, bill youre a smart investors because those have been the ones. Alaska had a price war and the price war ended, and i think alaska which is what . In the mid707s . I think that stock could go up another 10 to 15 points when we get the report from delta later this week and i think it is the growth stock in that group to own right now and that includes spirit by the way, but be careful the growth might be slowing because spirit is being crushed after preannouncing a bad quarter tonight. Can we go to bill ney pennsylvania, please . Billy caller hi, mr. Cramer this is billy from philly College Student and Equity Investor and im here to ask you about blackberry that pulled back in the last six to eight months and promising new software. Can we expect to see this company find its way back comfortably above the 10 threshold. Billy, there are two things that cost between 6 and 7. One of them is blackberry over 7. 70 and the other is a genos cheesesteak and i would easily bank on genos cheesesteak and its a sell, sell, sell. Theyre called Growth Stocks for a reason and theyre like my tomato plans and have you seen them on twitter . Today we saw shem in action and much more mad money ahead and a great way to protect yourself from the drama overseas and tell you why you should take a look and dont let your portfolio fall prey to the jaws of bad investing. Ill save you from the great whites of wall street when we kick off chart week. Plus a brand new edition of the lightning round is just ahead. Why dont you stick with cramer . Three weeks ago i introduced you to helen of troy hele a consumer packaged good stock that at the time had been practically flying into the stratosphere. With the stock up 50 year to date, back then i was trying to explain how a company that makes pert plus shampoo and oxxo kitchen tools would have such a monster move higher and i thought helen has been such a good operator and slightly lower than expected earnings and higher than expected revenues the stock sold off like crazy falling 10. 7 carnage in the single session last friday from 97 to 86. While it subsequently bounced back more than 2 we have to ask what the heck happened here . Has the story somehow changed . Is it not as good as it was . Has helen of troy gone from being incredibly Beautiful Company to an unspeakably ugly one . What exactly caused the stock to get crushed . Is this just a oneoff pullback or is it a sign of of a longer term worry that we need to be concerned about . Let me walk you through what happened here and it tells you about how wall street works. Helen of troy is a miniature version of clorox. Its a company that sells personal care and Health Care Products and housewares and home environment plans and when you see oxxo cutlery and pur water filters and pert plus shampoo and braun electrical appliances i havedvidal sassoon shampoos and thats when youre looking at helen of troy. By the time helen of troy reported last week this had already become a redhot stock. Helen spent most of the last 12 months moving relentlessly high higher and one of the greatest charts ive ever seen by the way and nearly 37 year to date more than 5 over the last year. So how about the quarter helen of troy reported thursday night after the close that freaked people out . Was it something insanely terrible about that that you can explain why the stock would shed 10 of its value in a single day . Sure, okay. The quarter wasnt perfect. Even though it came in higher than expected up 10. 8 year over year and double digit Consumer Product goods and the numbers are hard to find and it shrank 150 basis point which is caused the company to miss wall street earnings estimates by 4 cents off 1. 10 basis and the declines in the houseware and beauty session ements in part because they were up against tough comparisons and they did well last year. The stock sold off like crazy the next day. In short, helen of troy reported an imperfect quarter that was basically okay but far from great. The problem is when your stock is up 50 per year i have to say thats not enough. The key to understanding the action of helen of troy in the runup over the past year and the selloff last friday has to do with how the expectations of the analysts have changed. During the bullk of 2014 and the first half of 2015 the estimates were irrationally low and it undervalued the company and the company was consistently underestimated by wall street which managed to deliver earnings beat after earnings beat after earnings beat. When the Company Keeps surpassing wall streets numbers the analysts will keep raising the bar until the estimates which were way too low can finally become too high and thats what youre doing with the stock like helen of troy and consider when helen of troy reported a quarter in january and both the key analysts who followed it and one from key banking and the other from Piper Jaffray and the two big houses that are really on this thing they raised the fullyear earnings estimates from 2014 to 2016 dramatically and helen of troy beat the number again in april and they raised their numbers some more and then into the bullish analyst day in may and they raised it more and he tacked on a couple of more cents for the fiscal earnings forecast right from that meeting. In short, what you see over these previous quart sers that helen of troy began to develop a reputation as a company that could consistently deliver betterthanexpected results. Whatever the estimates were because of that the estimates were finally raised by the people who own the stock still expected hellen to beat them handily. When you become accustomed to raise, the analysts do too. They realize they can raise all they want but they cant. When the company failed to live up to the newfound wall streets incredibly amped up expectations of thursday night. The whole narrative changed and the thesis for many investors is helen of troy was so well run that it consistently beat whatever the analysts say so when helen of troy came to an end and it was a winning streak a momentum winning streak a whole bunch of investors abandoned and some of that is legitimate. Neither key bank nor piper cut their fullyear earnings targets and it will be difficult for helen of troy to meet or beat again those estimates because they may be too high. If you own the stock and had a nice gain going to the quarter the upside looks less feasible and therefore less attractive qaaching. Qaaching. The truth is no company can beat the expectations quarter after quarter for eternity and it doesnt happen. The analysts will wise up and the estimates will get too high and thats what happened here but i didnt recommend helen of troy three weeks ago because i thought theyd be able to constantly beat the numbers and its got a long track record of making smart acquisitions in order to take market share where it controls aisle space in the supermarket and kind of like what darden does. I see no reason why that cant continue and helen of troys stock on friday where you get a chance to buy this one with a highquality company and no wonder the stock is up a couple of months and part of my reason for being fond of the stock is the fact that it traded at a discount to the consumer goods packaged plays that you all know. Clorox and proctor and now that discount has become larger and helen of troy selling for 16 times between the 16s earnings estimates and proctor and clorox from 19 to 22 times and immediately, they have dividends and helen of troy doesnt and that can matter to people. Helen gets 80 of the sales to the u. S. Which makes this a nice relatively domestic security play at a time when the dollar keeps soaring. Here is the bottom line sure helen of troys quarter wasnt the ployout many expected but the longterm story hasnt changed here. The only thing thats different is how wall street perceives the to being and in my view helen of troy is pretty attractive down at these levels especially with another acquisition, and i do expect that and it will only become more attractive if it goes still lower because the biggest crime is delivering too many blowouts in a row and thats not something you spend all that much time fretting about. Mad money is back after the break. It is time its time for the lightning round on cramers mad money,. [ indiscernible ] play until we hear this sound and then the lightning round is orrie over. Are you ready, skeedaddy . Its time for lightning round and i want to start with robin in nebraska. Hello, mr. Cramer. I named my daughter casey, casi and i bought it emotion. Your daughters got a good name and so has the company and thats inexpensive Information Technology company that ive liked and i have a piece of on it. Well chosen sometimes getting lucky is better than being good. Eric in texas. Eric. Booyah. Im calling about aerojet and i have 1500 shares. I like that stock. Another one, a friend of mine suggested to do this one and i havent had a chance to do as many stocks as i like and thats thoorth very good company that a frind of mines kids are going to. Mark. Mark in waukegan illinois. I would like to get your opinion on toolworks. The stock didnt go down and the things get better. Larry in oregon. Larry lar . Go ahead. Hello . Hi, larry. Yeah. This is larry in oregon. Oh man, i love oregon. I was wondering about northrop grumman. I think northrop grumman, Lockheed MartinGeneral Dynamics are all buys. I gave you four and you cannot beat that in this world. Lets go to dick in virginia. Dick my question is about gilead. They had their blockbuster drug but they need a follow on beyond that. They can go buy one, dick thats why gilead is so good. The script numbers are amazing lets take one more. Lets go to kip in texas. Kip . Whats up jim . Not much. How are you, partner . Pretty good. With the recent pullback in lib, what are your thoughts and whether it would be a good time to pick it up. It is a cash machine and i wouldnt be dissuaded if it has a down day and that ladies and gentlemen, is the conclusion of the lightning round the lightning round is sponsored by tda per ameritrade. Ing patterns like the mail guy at 3 12 every day or jerry, getting dumped every third tuesday. This happens every third tuesday. We have Pattern Recognition Technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. Theres no way to predict that. For all the confidence you need. Td ameritrade. You got this. So youre a Small Business expert from at t . Yeah, give me a problem and ive got the solution. Well, we have 30 years of customer records. Our cloud can keep them safe and accessible anywhere. My drivers dont have time to fill out forms. Tablets. Keep them all digital. Were looking to double our deliveries. Our fleet apps will find the fastest route. Oh, and your boysenberyy apple scones smell about done. Ahh, youre good. I like to bake. With at t get up to 400 dollars in total savings on tools to manage your business. Every is imor the Discovery Channel you get shashlg week. On mad money we do something similar only it has the potential to be more lucrative. Thats right, welcome to mad moneys chart week. We talk about their favorite stocks. Tonight i am thrilled to have Robert Moreno. Hes a fabulous technician and my colleague and being the publisher of rightview trading. Com and hes had great ideas for us and hell talk tonight about facebook. Rob, im giving you the floor. Welcome to mad money. Thank you jim. Its a pleasure to be here. Facebook a 52week high and lets take a look at the chart. Well start with the weekly chart because that puts things in context for me. The stock has been in a primary uptrend and this began two years ago january 13 2013 and there was a sharp move up in the price of the stock. This raised the tenweek moving average above the 40week moving average and thats equivalent to the golden crossover on the daily chart which is a 50day moving average and the 200day moving average and its a bullish sign and the rsi moved the strength. Reflecting this price momentum and shank and money flow moved above its center line and what thats telling us is there is more buying pressure than there is selling pressure. Okay. Exactly. So the stock is under accumulation at this point. Even though the volume is lower. It doesnt matter . Well, you know that usually happens during consolidation periods and were going to see that it happened in late 2014 but you can see the price is improving here. Right. Now as prices continued upward there were periods of pullback as we saw in march 2014, and then like i said we entered this period here late 2014. We saw this horizontal consolidation. Okay. Okay . We attempted to break above that in march and april of this year and it failed. You can see these red candles. A lot of people got scared right there and they felt when they saw that that this was a breakdown, but how did you know it wasnt a breakdown . Because the retrace was it was limited and it held up to 200day moving average and it held at this uptrend line and what we saw after that was the ability for the stock to hold at those levels and, you know and retrench and make a move that took out the consolidation highs, took out the marchapril highs and last month broke them easily. So where do you think the stock can go now that it went to an alltime high today . Well ill tell you because this developed a very interesting pattern on the daily chart. Okay. Should we switch to the daily. Lets switch to the daily. Lets take a look at that. And here are the consolidation highs and here is the rising longterm trend line and the 200day moving average. These are the failed breaks that we saw. Right. Right. Back down to the support level and then retrenchment and the breakout. Now this breakout was pretty strong in june and it got a little overbought and the rsi went to overbought territory right there. Meaning you can expect profit taking to come in. Exactly. And there was a bit of retracement. It held right at the march and april highs and in the process formed a flag. Right. Its tough to see, but yes. I mean there that way. Exactly. So then youve got to tell us in the time remaining where can my finger stop . Your finger can stop about the 95 level. We have another five coming. You measure the price projection and the target projection off the height of the flag pole. Just so i know. So youre saying that this flag thats what you should get. Yes. Thats exactly correct. My Charitable Trust owns it and this is absolutely terrific. Youve been dead right and a lot of people lost face and youve never lost faith in facebook. Thats Robert Moreno and from realmoney. Com and publisher of right view trading. Dom and he says its not done maybe another five points and robert thank you so much for coming on mad money. Terrific. Okay. A lot of things have to go right tomorrow. Weve got to see a really good number in johnson johnson. Theyve disappointed the last couple of quarters and we need to see good interest margins from j. P. Morgan and wells fargo. Theyve not been able to deliver the numbers in the last few quarters and thats very important and we need to see the reaction of the transports and theyre very disappointing to the spirit air number and that kind of took peoples breath away and all of these things need to go right and we need to see the greek vote. I like to say theres always a bull market somewhere and i promise to see it just for you right here on mad money. I am jim cramer and ill see you tomorrow. Across this country, Small Businesses are closing their doors, killing dreams and costing tens of thousands of jobs. Im here to fix this business. My name is marcus lemonis. In the past ten years, ive bought hundreds of failing businesses, turned them around and ive made millions doing it. Ill write whatever check i need to, even if you wont. If you want people to listen you put money on the table. Im gonna give you a check for 500,000. I found six struggling businesses, some weeks away from closure. My plan is to turn them around. For the next week, im 100 in charge. All right. Lets go get to work. Cant run a business if its not clean. But im not just giving them advice. Im putting up millions of