Sometimes the glass shrinking a half full vessel look like it is overflowing and this is where we areright now and this, after todays session dow closed flat, s p up 6 and nasdaq up. And lets start with the thing that we all know which is the half full half empty this morning disney launched the new streaming service diocese plus and immediately overwhelmed with traffic and started having outages even though management assured us the technology was solid on the Conference Call last week. We were told they tested the system in the netherlands which must be a new worldwide peoria but it reminds me of hamsterdam. They botched the roll out of a promising new service but the Glass Half Full people think differently. Sure the site crashed but that is because there was so much demand and traffic diocese vetted this platform for millions of people and that wasnt enough. It is not hard to believe it has so much great content that it caused a stampede of subscribers. In reality both are right. But diocese dropped the ball and feel like victims of their own success. This isnt a question of who is right and what matters is which contingent is calling the shots. How much fire power and divisions do they have rallying 2 it is clear that the Glass Half Full folks have the move divisions there sulds a half full and half empty can. What does it look like when you add in the third get this were seeing this more complicated dynamic when it comes to the trade war today President Trump said we would very close to a deal with china when he spoke at the Economic Club in new york and explains that the chinese are dieing to make a deal. Were close. But then trump seemed to torpedo his own positives saying hell raise tariffs if there is no deal personally i thought the latter statement was more important when you consider how high this market is. I doubt it could absorb much higher tariffs but if the chinese would give a deal that would give the average a major boost. The glass half empty only hears that the september tariffs might be in play and the hardliners are ready to jack it up. Almost as though the trade hawks in the white house believe that those like larry kudlow and steve mnuchin. President trump is not ruling out a deal and he said were close so no reason to get discouraged. But then the third category. The glass totally full camp. They saw larry kudlow standing at the president s side and say, wow, the president respects larry to repeatedly referring to him at this luncheon and makes them think a deal might be imminent when larry spoke to cnbc later in the afternoon he talked about agreement with the Chinese Government allowing Financial Firms in china and made it sound like a matter of time when were close to a deal and then it rallied and when it went back down and we heard the tariffs might be boosted, it looks like it could go really low but then it bounced again and once tuesday full crowd started chiming in i think the optimism is unhinged but clearly Money Managers believe that this is not nearly as good as this. Let me give you another example. Automation just a second. This is a really important cute card that is showing you exactly what kind of Community Cross talk show we have going here automation here is a metal bending company, one of the best there is rockwell is deeply cyclical meaning the earnings are hostage to the strength or weakness of the economy. So weve been told over and over again that cyclicals are on the last legs because theyll report weaker numbers thanks to the softness in the industrial economy but apparently rockwell missed the bullet. Mining and life science and autos, food and beverage and the stock pulled at 18. 10 . Now lets mull this one over a glass half empty investor thinks are you kidding me . When is 1. 4 growth any good that is pathetic rockwell is growing slower than the domestic product how is that good Glass Half Full guy said that is not bad for a cyclical and it is better than i feared not as bad as feared but how about the delusional glass is total full guy. He looks at this and he goes, holy cow, rockwell is much better than i thought. I didnt know it had Life Sciences or cybersecurity or food and beverage and maybe lets buy some stock next, this morning, tyson foods, ugly earnings and bad miss and beef and the only thing i kept waiting to see the peabased chicken tenders that they send me they werent included. The stock looked like it would be down 5 as inve to tire of the Companies Track record that is a half empty attitude. And once the Conference Call got going management told an encouraging story giving the sense this too shall pass and they were now flat and despite the severe shortfall, they say they get high singledigit growth growing in the future. As of the beginning of september, the stock would have been pole axed and even a Glass Half Full would have a hard time trusting them as such a serious shortfall but this market is dominating by the timing crowd the people who think the glass is really full because they have the wrong frame of reference so the same news that we sent tyson stock surging up 7. 4 . And facebook launches facebook pay. Who the heck trust facebook these days theyll be pummelled because the glass half empty was in control and today it rallied and took down to take the hapless allergan there is demand for 44 billion of debt and the stock ends up rallying it makes me feel the glass is full and then some hmm. My mom hates it when i talk with my mouth full. She hasnt been with us for 34 years but i still remember it. Bottom line is i could go on with these examples, how long can this glass my god edit that out in post production like this show has post production look at this look at what we have here. Arent these great i think that as long as Interest Rates stay low im a serious guy. We can sustain until there is bad news on the china front and then it will turn out to be right. Other wie otherwise it is too bullish to take us higher regardless. Whose brilliant idea was that. Jim in new york. Jim. Caller jim, hey, listen, jim, im calling about investment in my kids trust accounts and i have a long view investor mentality when it comes to that so were sitting on 80 shortterm gains shortterm on xpl logistics at 85 that is still 30 below the 13month high and i dont know what it is, whether it is trade news expectations, fundamentals, but these accounts belonging to youngsters still years in college and unrealized gain makes it i want to you cut it in half. Why . I think brad jacobs is terrific and i like xpo it was hammered by the shorts. And they say well, jim, because it belonged there but i think brad is a good man and the stock is up a lot but now selling at 22 times earnings and that is too expensive versus the rest of the group. Charles in maryland. Caller how are you today sir. This is one banner day. It started at 3 15 and it just keeping rolling. What is up. Caller that is not bad mine started at 4 45. Early bird gets the worm, chief. Caller that is right i want to ask you about Iron Mountain and i was looking at the dividend on this dividend yield 7. 5 , i thought that was a cautionary tale but it seems theyve had the utilization of documentation and storage so im seeing that can you give me your idea charles im with you. I wish they would come on. Ive liked this stock but the stock doesnt go up and in the end i prefer growth and yield, not just yield but you and i are of same mine mind it does seem like a red flag lets dip everything in these. I think the optimism can last. But i think it may be too bullish which makes they throw the red flag with News Facebook is introducing payments how is pay poll positioning itself. I have a ceo and shares of the real, real, realing, ee thinking sides are sold on the site. And drama with d ram and ill talk to the ceo of this wild trade and there are so many you care a great deal about so stay with cramer announcer dont miss a second of mad money. Follow jimcramer on twitter have a question . Tweet cramer, madtweets send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc miss something ado dmeyc. M. Co but in my mind im still 25. Thats why i take osteo biflex, to keep me moving the way i was made to. It nourishes and strengthens my joints for the long term. Osteo biflex now in triple strength plus magnesium. Wow giving one. How did you guys. . Dont ask. The lexus december to rembember sales event get 0 percent apr for 60 months on all 2019 models. Experience amazing at your lexus dealer. Nongmo, made with naturally sundown vitamins are all sourced colors and flavors and are gluten dairy free. Theyre all clean. All the time. Even if sometimes were not. Sundown vitamins. All clean. All the time. Hey. Hey. You must be stevens phone. Now you can take control of your home wifi and get a notification the instant someone new joins your network. Only with xfinity xfi. Download the xfi app today. I always tell you that wall street is like a fashion show. Because at any given moment what is in or out of style is more important than what is actually good like i said at the top of the show over the past few months the cyclicals and companies are expanding the economy. Look at rockwell and when they are in style, the Technology Stocks tend to go out of style as Portfolio Managers are only have so much exposure to one file and for months it has been by late october it was trading at 96. When paypal reported a better than expected quarter sending the stock up to 107 but since then paypal has given back a big chunk drifting down to 102 even though we know business is great wall street doesnt care so what will it take to get the stoc moving again lets take a closer look with john rainy, the paypal cfo to get a better sense of where they are coming and doing and since this is veterans month, what they are doing to help veterans. Welcome back to mad money. Thank you for devoting time on your show to recognize veterans. I spoke with my friends carl and david this morning on the squawk and one of the things im proud about paypal, they recognize it cant be a debt we cant have this veterans debt and then the next day be okay that was that. See you next november 11th youve developed a veterans recognition month. Which to me has more continuity and i need to you explain it to others because they should adopt your method. Sure. Sure, so at paypal as part of the diversion and inclusion we have several employee Resource Groups and we call it serve which is devoted to veterans and our serve group for the entire month of november is honoring veterans through different initiatives. One of them is through the sale of poppies which is the red flower recognized as a symbol of the sacrifice of our veterans. The proceedings from the sales will go to support our veterans and their families in need i think that is great for those of you been to britain during this period know that the poppy represents flanders field and how many were not forgotten in britain and how did you design your program because one of the things that i found when i talked to veterans and i do quite a bit is they are lost in the Business World why . Because they are so selfsacrificed they only think of we. When i want to get a job at paypal, i have to talk about me me me. How do you get over that we at pay poll are a Better Company and a stronger work force with veterans. Our mindset is not that were helping veterans by hiring them, we believe that their helping us by coming to work for us when employers look at the qualities they want in candidates, military veterans have honed some of the skills in their career things like team work and discipline, leadership and these are things that they could bring to the work force and make us a much Better Company. John, i have to ask you, because you are in some form or another in the news every day and positive today facebook announced initiative, three months ago they would have announced we would have said who are those guys and my first thought was wow, they are good partners with paypal and theyre going to hurt paypals business but my Second Thought was i have john rainy on and lets ask him. Facebook has been a long standing partner with us and we continue to be and we partner with many aspects of payments and well do this with the new announcement as well when you step back and think about the competitive landscape, there are many people competing in this field. But really the competition i still cash good oldfashioned cash. Where 85 of the worlds commerce is still taking place and with things that were doing with venmo and paypal, we can make the movement and management of money a lot safer, simpler and more secure. Now they did it when you went to the Facebook Page to look at the introduction, they did have an illustration that seems like venmo to me as if you dont need venmo. More competition the merrier or is that just something youll have to start worrying well, by having an open platform, we partner with a lot of companies and if you think about the what venmo is in terms of payments landscape, it has a social feature where people are sharing their experiences on that and i think very, very importantly is its something that that millennial demographic is very attracted to so this is something that payments is a pretty sticky business and i think well continue to do so. So were going to focus on continuing to create experiences for our Customer Base that allow them to use it and in ways that they can monetize as well. John, this afternoon, larry kudlow who sat adjacent to the president came on our air and said, you know what, the president is very constructive he believes on chinese trade talks and even with the idea that some of our Companies May be able to have an independent operation in china, isnt that what you have with the peoples bank of china lets you buy 70 interest in gold pay youre already there well, look, so there is a lot of talk about china and some of the the trade noise that is out there and impact on our businesses and others. So i think it is first helpful to understand that the average paypal transaction is about 60. People arent generally speaking using paypal to buy aluminum in bulk in china so the trade noise is not something that impacted our business but china to your poin, jim, is a very, very important of our business some estimates have china as being as much as 40 of all crossborder commerce by the year of 2021 and if you look at our footprint today, were relatively small in terms of the market share that we have in china and so were very excited that were the first nonchinese company to be granted a payment license to process payments online in china. And we think it is the potential to be a Significant Development over time. Speaking geopolitically, i took it as a sign that maybe it is a olive branch. They dont put out a sign that said this is an olive branch but they let paypal in and you and dan schulman have a different culture and they like the way that you help and been invested with people who are not of means so perhaps it is political or is it just thinking that it is time i think it is easy to turn some of this into is this political or is it not but the fact of the matter is, it is actually good for chinese consumers and merchants and for those that want to shop in china as well. With your network of 300 million customers around the world and over 20 million merchants, were now enabling commerce for chinese consumers to shop at the network of mer kmants and for consumers around the world to continue to shop at chinese merchants so i think it is a winwin but it is i think probably an Important Development and the overall relations given that we are the first nonchinese company to be granted a license there. Well im thrilled that you came on the show to talk about everything from the license in china to the facebook relationship but most important veterans month john rainy the cfo of paypal always good to see you, sir. Good to talk to you, jim. And well be back after the break. Sundown vitamins are all nongmo, made with naturally sourced colors and flavors and are gluten dairy free. Theyre all clean. All the time. Even if sometimes were not. Sundown vitamins. All clean. All the time. Its how we bring hope to our patients like viola. Her team treated her cancer and strengthened her spirit. So viola could focus on their future. Cancer Treatment Centers of america. Appointments available now. What the heck just happened to the stock of the real reel. This is the Largest OnlineConsignment Shop where you could buy and sell used luxury and apparel and they have the misfortune of coming public late june before the market shower on ipos and tumbled on the first day of trading down to 12 in august, ouch the company has an intriguing concept though it is growing like a weed so the stock started to bounce back climbing to 23 a couple of weeks ago but then real real put in an excellent quarter with a nice revenue beat with a smaller than expected earning lost and a forecast bump too. At the other same time the stock would have probably went higher the next day but right after the quarter reported a cnbc piece said not every item is authenticated by experts and a number of people at the realreal may not have the expertise to do the job. The stock fell more than 10 last tuesday and still down more than 5 since the news broke we want to hear from the founder and charp to find out what is going on miss wainwright, thank you for coming on. Thanks for having me on. There are some questions and you put out a note about for our customers and consigners about counterfeit but people say maybe there is not enough real on realreal. That was former disgruntled plo employees so i want to talk about what we did today. Let me give you stats. Weve sold 11. 5 products and our net production score is 70 80 is from repeat Customers Put that aside let me talk about what happened in october we processed 490,000 units our copywriter aujentator remov