Nasdaq falling 1. 21 . Good. The bull deserved it. We are void of any news which allowed to us boulder a small rally led by the beaten down and at last a balance in retail. However, looking forward to next week, the dollar, the fed, oil, theyre all going to come into play. Calling some real discordant tunes. It all starts on monday when we get a slew of data from the euro zone. That will give us a sense of how weak europe is. Why do we care . Because the dollar has been up for four straight weeks. And a strong dollar is bad news for our u. S. Based international companies. My beggest worry is that we get sub par data from across the atlantic. It will make the euro even more competitive. To make matters worse, we have a host of officials speaking next week including the cochairman yellin. When we hear about three rate hikes, combined with weak european data, the next week it could get you goly. Tuesday, a motley crew of earnings reports starting with auto zone. The big auto parts retailer that i like. Ive been riding this baby for years as the do it themselves. And auto zone keeps voraciously buying back its stock. This is a rare moment when the rates are far off its eyes. If auto zone gets hit, i buy it hand over fist. Housing matters. Which is why i fear worst. Stocks already down 17 year to date. In 2016, sfoks are down, they tend to keep going over. Toll is right in the blast. I think you have to stay on the side lines. We hear from best buy and we havent had a good read through on the Consumers Electronics yet. So i dont know how best buy can possibly buck that trend. I say pass. Heres one i like. In intoit. A very good company with fabulous Customer Relations and i would put it on before the quarter even though the stocks are up nearly 7 for the year. Thats precisely what is working in this environment. Wednesday is a hot button with me. It has me a little bit bothered. It is about costco. This stock is a long time holding for my travel trust. You can follow along. However, im very concerned that the quarter that will be announced will be weakened because this is the last reporting period where costco will be tied up with American Express. Next time we partner with visa but the transition is a rocky one and i know this hurts sales. So i know you must expect a weak number going in. That could be the chance to buy. We also hear from tiffany. The jeweller. Thats been a terrible story. Down 15 for the year. This Company Seems to be capable of turning things around even for a nifty graduation present for my daughter there this week. But they blame the strong dollar endlessly even though it has become less of a factor. Im starting to wonder whether management is up to the task of this difficult retail market. Is tiffany due for a better quarter . I think you keep stocks like this in the penalty box. But it would be a coiled spring if something good actually happens. Iming is of slashing number with tiff 9 11 it isnt entirely tiffanys fauld. Williamssonoma is such a good company and it is in the home goods category. Theon home goods selling well are from the home goods chain. As we know from tiffany and also the hardware, it is in a rebellious mood. Maybe the rich are scared away by bernie sanders. Maybe theyll start shopping once the campaign finishes. Like a dying animal. For now i am hands off on williamson open a even though my wife loves it. Even though it is really overpriced things. You get me, right . For the last two weeks weve heard that its been tough why. Dont we wait to hear from the horses mouth . Pbh. The last quarter, terrific. These days, you know, you take your life in your hand when you guy stock over Retail Company let alone a power plan. Popeyes reports, too. These restaurant chains are all in the dog house. Because of the disruptive value meals from mcdonalds. Hey, that stock got clocked today. And worries about minimum wage increases. The workers are not struggling. The profits are. It is so unusual to see this stock of popeyes down 10 from the year. At this point i would rather go with dine equity. The ultra competitor has rolled out a new menu at applebees which we saw last night. You have a chance of finding the bottom if the numbers are not that good. Thursday, the poerl a opposite of went the fancy schmancy stuff. We heard from Burlington Stores and ulta salon. All four of these have been terrific. Theyre viewed as discounters. Im concerned that the 2 stores, well, the 1 and 2 stores. Thats, it is not an outdoor apparel company. Im concerned that both the Dollar Stores are getting, reinrig vatd market. I think the dollar tree is back thanks to the merger with Family Dollar that is rolling out. Ulta, the place women go for makeup. However, it is a fabulous company with an amazing ceo mary dillon and betting against her is a fools errand. Although it never seem to stop the short sellers. We heard from game stop, sig net. Time for something good to happen. More and more, just a retailer and less and less on the video game console retailer. 37 . It might be able to beat the numbers. Even if game stop dispoinlds, i think the 5 yield will keep it from being really hammered. Palo alto networks, ill still talking about ransom wear. Earlier this week, where hackers lock you out and hold your money ransom. They should make a movie about it. We know there is some big time bank hacking going on. So i think palo alto could give you a great number. Given how out of favor this group is, i wonder if anyone will even care. How about friday before a holiday . A good day. Let the junior guys, go to the hamptons or wherever people go. In california or something. Can she speaks, we all stop and listen. A cacophony of fed speakers, they tend on move the tape every time they move their own trams. The only one we should care about is yellins. We dont need those other viewpoints. Same with the special teams coaches. Save it for the internal meetings, the locker room. Thats the way the fed should be. They should learn frf nfl. We have a heavy weak werngs some compelling opportunities. If yellen makes us feel like were facing two or three hikes, any gains could be wiped away. George in new mexico. Caller hi, jim. First time caller. My pleasure. Caller i hold yahoo with a 28 to 29 gain right now. I keep seeing all the takeover. I am a better to take my gain now or should i wait and see . I want you to take half off. Im beginning to worry, done some good work. It is a principle asset. Lets cut it in half. The core business worth more than just that. Mark in nevada. Caller hi. Got to speak to you at week as well. Just an impression. It seems just a little less busy. A particular stock im looking a. Charlie bob larry is the simple. 10 yield. It is a selfadministrate regional. I have what i like, i did sun shop krerng those are the two that i like. Everything else, no. Plenty of big reports next week. Could it all change if yellen comes out sounding more like arrested hawk than a slow moving dove . Mad money tonight. The company that gave us spam is making moves. Then im telling you why it is time for the fed to sit down and shut it. Create an at any time. Ill let you know. So why dont you stick with cram cramer. What the heck just happened to the stock of hormel . Ive recommended it repeatedly. That it was trying to do more natural and organic. But in the past week the stock has been obliterated. Falling since monday. The Food Companies were involved but a big part has to do with the latest quarter. Look, there was a pretty solid quarter. Despite the strong headline numbers. Investors are worried that the declining numbers and turkey products not to mention the supposedly rich valuation. Given that it hassome some of the groet in the industry, i think it is justified. When you see a stock get killed, is the market overreacting . Maybe Something Else to worry about . The president and ceo of hormel foods. Welcome to mad money. Good to see you. We like what we saw. We know that the analysts are really focused on margins. Margins arent necessarily what our viewers are concerned about. They were concerned about Commodity Prices coming down. Worried about the idea that maybe it is too good. It is basically too good and cant last. What is your response . We announced our 12th consecutive quarter. A pretty impressive. Weve delivered Earnings Growth 27 out of the last 30 years and this year it will be, we need to really focus on the things that we can control, to continue to deliver long term growth. And those are the things, brand building. Innovation. Acquisitions. Wednesday we announced the acquisition of the brand, another entry into the healthy, wholistic organic space. Over the long term those are the things that will allow to us continue the 5 top line, 10 bottom line, long term growth goals. And there is a great, we call decks, handouts with great stuff in it. This is a cult following. People absolutely love the product. How about the price you paid . When can you get the payback . We heard from your staff. It is a statement on all their desks. It is a great brand in this specialty Peanut Butter category. The price we paid is a very fair price. As we think about it over time, it will be a great platform for us to grow. What else can you put through . We dont own it yet. Were working on that to really find out what kind of platform it can be. Were very confident. We think about justin, the founder of this. His, he is an incredible success story. Its been great. His mission focused on people, protein and planet is something that we really connect with. And we believe once we get to learn more about it. A great platform for us. Now you aligned your portfolio with consumers. Youve got the millennials, genx and boomers. We want to make sure were covering the entire spectrum. The nice thing, were doing it with both legacy items, so were doing with it spam, hormel chili and some of the recent acquisition, like applegate, skippys, wholly guacamole. So we feel like were doing the right thing to appeal to the whole thing. There was something i didnt understand. You said you need to gain back distribution that was lost when supplies were pressures. When we acquired apple gate, we needed additional supplies. Its not like theres bountiful supplies of organic pork. That was our first major concern. So it was constrained. As a result of that, because of the increasing demand, we didnt have all the supplies we needed. So weve worked hard. Find new producers on the pork side. And then combine that with the fact avian influenplans too. You have a really, you talk about theres been episodically things that have gotten wrong and youve fought right through them. Each time a flu issue. That has been our message. Something we need to grow our business for some of the most incredible volatility. Weve had resessions. Weve had grain prices that have been you this the roof. Weve will the impact of the turkey. Each time it has allowed to us overcome the head winds, the obstacles and deliver year over year growth. You talked about overseas, it looked like the International Profit dropped a lot. In it you mentioned the eu pork. So whats happening, the russian market closed to eu, they were no longer to their pork, so that pork has made its way into the asian market. Having an impact on our ability to sell. But that a smaller segment of our business. But we would like to become mr sbael, more global. Youre taking share of skippy right. Now thats because of Brand Awareness and new ideas and innovation. When we brought the band, we knew we could innovate against the band. We knew we could prioritize it and have our sales force focused on it. Thats what weve been able to do. Were being able to not only grab a share back but the innovation that weve done. Weve launched skimmy pb bites. A great on the go protein infused item for anywhere any time snacking. I think it is all working. Long term, youre going to boring. Thats the hormel president and control of. Our cosmetics line was a hit. The orders were rushing in. I could feel our deadlines racing towards us. We didnt need a loan. We needed shortterm funding fast. Building 18 homes in 4 ½ months . That was a leap. But i knew i could rely on American Express to help me buy those building materials. Amex helped me buy the inventory i needed. Our amex helped us fill the orders. Just like that. Another step on the journey. Will you be ready when growth presents itself . Realize your buying power at open. Com heres what amazes me about all the people clamoring about the feed for the feds on raise the Interest Rates stat. Theres no boom in anything. An darn thing that has to be stopped by the fed. Nothing even on the horizon. In other words, calling for the fed to tighten is like calling the Fire Department to turn down your thermostat. Its overkill. Take the offside tech bubble. I wonder if they even saw a single tech call this quarter. Where is the bubble . It is all about the adoption of the cloud. One of the deflationary trends i can recall. It lets people fire people. Sure there was a bubble in tech with the privately held unicorns but thats over. These companies have no access to the public market. They can only hope to sell out. Like cisco which bought jasper. The company in february from 1. 4 billion. A fraction of what it might have gotten if it had gone public two years ago. Or they can do a deal like square did. The one that came deep in the hole. Or they can just fold. Air b b or oober are the only ones anybody wants to share. And who knows whether we with a only a wave uberif you looked at its fins. The emphasis is on had. These days when they report good quarters as they did two weeks ago, it lands with a thud. Thats the opposite of a bubble. The air keeps coming out of the tires, pretty much everything other than facebook, amazon, adobe. The valuation seems to dribble down by the week. A sporadic deal and then nothing. Big pharma not taking bait. I dont see any heinous valuation. Two markets have overheated. The latter. The more like living it does 1 poe 5 million. Go listen. The valuations are down 5 to 10 . Pnling bonds. It is unfixable. They will say hey, we buy high yield debt. Theyre scorpions. Just in their nature. Gold. Fed tightens again. Treasuries . Oh, please. The yield is way too high. Oil . Stop joking under. Along with medical costs and rents both of which are impervious to the fed. You can avoid it. Why not . We had wholesale credit freezes and the ipo market hasnt recovered. The Federal Reserve cant roll back minimum wages or higher overtime pay or government costs. It gives the defligsary power of digitization. All which are hammering persons raises. You put through a rate hike and fewer business. Who does a rate hike . Commentators who dont understand how the new economy works . Money managers . So heres the bottom line. Theres nothing urgent needed to tighten immediately. I say, why not be patient . Lets to go elio in massachusetts. Caller a bay state booya. Whats up . Especially with oil rising and a low pe racio. Im not a fan. Im not pushing any oil stocks other than slumber. These others . Why bother . Theyre not my cup of tea. One word for the Federal Reserve. Patience. Take your foot off the rate hike gas. The two, three, take it off. Tonight im revealing a very special play that could pay and wont keep you up at night. Is there a reason for the call . Plus, all your rawls to had line round. Stick with cramer. charge music you wouldnt hire an organist without hearing them first. Charge so why would you invest without checking brokercheck . Check your broker with brokercheck. We know that it is not exactly easy to get credit in this country unless youre all but wealthy. And the rate hikes will only make it harder to borrow money. So what do we do with a company like allegeding tree . Lending tree . Just to be clear, this is a totally legitimate business thats not to be confusing with lending club, the now scandal. It might even get tighter. Lets check in with doug, the founder, cheryl aairman of lend tree. How can you do that in this environment . Our growth is actually up about 80 , on revenue and the bottom line. And it is happening because the online lending business is really taking off, as match maker with over 300 lender. The mortgage market. We are concerned on the network. One, two, three. That will hurt the business. It will hurt the overall business. Particularly in refinancing. However, lending tree has grown despite originations over the last five years. Very similar to the travel business, lenders need with it extra volume. I could not believe, you are said in your conference call, you brought up lending club. You brought up how much could it hurt you, not that much, and there were others. Could you insma what you said . Absolutely. Lending club and others are doing what lenders have done for years. Except theyre much more automated. And they had an issue with internal compliance. Others might have an issue with credit, et cetera, et cetera. But it is one of 300 in our club. They will need to compete against citi and chase and others. This is like price line in a merged airline business. Youve got it. It is the same thing. We have 30 lenders on personal loans. They are moving into personal loans with very, very stable sources of capital. It is in the lending clubs dna. A lot of them came of age when that . Whats bringing them in, we see they satisfy gentlemen with you. They dont want troe finance but they want access to the customers. We save allegeders money from marketing. Thats the whole deal. Now, we earlier had had zillow on. I was talking to him about his businesses. Doug is the one who competes against you. He is determined to take your business. Zillow do a great job in mortga mortgage. They like more of a matching or more of a lead model. We have both. But zillow will be an interesting competitor. Were not just mortgage. Auto. . I want to mention, are there any bubbles . I dont see bubbles anywhere on the economy. I think there are republicbu. Im buying it. Im not seeing bubbles in allegeding in general. I think it is getting much more competitive. Im buying, youre buying. There are still 12 million shares. Youve been buying back stock but it is going up. We have a huge buyback underway. I paid taxes last week. Wess now is the time. Im looking at an article about donald trump. Do you think it would be good for business . A lot of people are concerned. Do i. I was a support he of ben carson during the primaries and the people who worked with carson came over to work donald trump. I certainly think he will be better than hillary clinton. Hillary clinton speaks for people who may not be all that wealthy, who would be clients o