Misdirection play. Yet the entire episode was like a big play action fake with you, the audience, being the one that got faked out. That goes a long way toward explaining why we had such a terrific rally today since the fed told us it was keeping rates the same. With the dow gaining another 99 points, s p climbing 0. 65 . And the nasdaq falling to a record close, 0. 84 . Todays move wiped out all the losses from whats historically been the nastiest month of the year. Giving only six more trading days in september to get through, we might end this miserable month higher. Why do i think all the hammering over the fed was one by cue buky show . First theres the pregame leading up to the decision. Going into the fed meeting there was a plethora of bets placed statements made which were widely view the as evidence we could get a september surprise. And out of nowhere a lightning bolt of a rate hike that could really send stocks tumbling. We heard all about this dire possibility. Then the moment the fed announced that it was standing pat and waiting for more information before it moved, the media started acting like everyone who predicted a surprise rate hike had never existed. These ca sandras got off scotfree. I scoured all the wires, the twitter world, nothing about them save one critical tweet by me. Its as this these commentators hadnt said anything at all. I found the way these doomsayer got off to be totally ridiculous. It reminded me once again about the asymmetrical way we treat Money Managers and prognosticators. If youre bullish and you get a negative outcome, youll be ridiculed endlessly, tape played continuous loop over and over again. If youre bearish even minutes before the event when you get it totally wrong, there is zero accountability, even though the opportunity you cost your acoh lites is mindboggling. Nobody ever gets called a moron for being too negative. These bears will be solicited to come on air again. Theyll still be valued commentators sought after by reporters, producers, web people, you name it. And their incredibly wrong call will never sully their records. Plus these pesz mists, heres the real trade for you. They never admit to being wrong. Theyre simply early or slightly off or almost right. Hey, chief, almost only counts in horseshoes and hand grenades. They could not care one whit that they kept you out of an opportunity to make money. Its none of their business. If that werent enough of a fakeout, almost 100 immediately veered not to the positive implications of the stock market which if you stick with me youre about to hear some, but to the parlor game, the tiresome, boring, relentless parlor game of whether well get a rate hike in november or december. Wow, scary. I was astonished. Can we at least for like mieb an afternoon digest how the feds decision to stand pat is actually going to help people make money . Why do we instantly have to play the well, if not now, when game. Can you imagine if this were the nfl and in the postgame after a big win, the coach was only asked about next weeks opponent . They would be drummed out of the press corps. I think telling people this could be amazing for the bond market equivalent stocks or ignite the flagging industrials. Now with so little time left in the year, these cowards and wrongheaded Fund Managers are going to have to start buying. Im not playing this misdirection game, uhuh. I set out my thinking publicly in last weeks game plan to embrace stocks both before and after the fed meeting, betting that wed have some terrific quarters like those of red hat or adobe or fedex or kb home because of the red hot california real estate market. Even if you didnt chood to participate, let me fill you in on what could happen next. Going into the fed meeting we were witnessing a serious rolling over in those they didnt report great earnings. Their stocks had gotten so high their dividend yields werent attractive anymore. Kimberlycla kimberlyclark and clorox were in total sell off mode. Even if you want to play the when is the fed moving next game, why . Well, if rates arent going higher immediately, the newly fattened yields of the packaged goods are more attractive. The fed ensured that the dollar wouldnt skyrocket versus other currencies. Were now these Conference Calls are going to go very well. Remember i kept telling you you got to keep one eye on oil. A weaker greenback forces the hice of crude higher. At times a dollars weekness can even overwhelm supply and demand. We got an inventory number yesterday that showed a very big decline. Thats bullish for stocks but obscured by the great september rate panic. You marry that, though, with the newly weaker dollar, and you got a home run. Oil, which had been written off at 43 last week. How about 46 . You know what else the press should have been talking about . Consider whats going on on capitol hill these days, the last two days. First wells fargos ceo john stumpf went before congress, and i havent seen this group of angry lawmakers be this united since how about december 8th, 1941 . They were all trying to outdo each other. Piles on a horror show of indignation. They were so many yellow flags on the field it was unbelievable, but there was no penalties because it was just, hey, this guy deserved to be thrown out, huh . How did the banks do . This market is looking for stocks that really havent run yet and those stocks are cheap in the bank group. How about yesterday when it was mylans ceo Heather Breschs turn on the hot seat . She probably rues the day she ever heard of the epipen. You would have thought that bresch was harley lieman. But did it impact the drug stocks . Not one bit. When you have some of the worst stigma i have ever seen, when you have direct political opp robe yum, a verbal beat down of these executives, some of the ugliest gang tackling since the late buddy ryan coaching the nfl and the sector gets off unscathed of course it would have been one thing if we were mired in earnings hell during this period. This has got to be the single most positive weeks for earnings in 2016. Almost every company that reported went up. Even some of the misses like the big misses like the serial disappointor, bed bath beyond, saw its stock rally. Heres the bottom line. In this incredibly, those who decide once again to find ways pair liedsing us before and after the fed news were yesterdays stars. They got the mike. They got the ink, the online videos, the headlines, whatever passes for, hey, theyre on your handheld, theyre probably in like a take two game. Their recommenden strations ruled the rhetorical roost. But those who tried to figure out a way to profit from the moment, even though it helped your portfolio, it didnt seem to matter to the media and its acoh lites. Now theyre on to a new bout of fear monger about the next fed meeting. Hey, its all about the fed, isnt it anyway . Soon the fed dissenters will be on the road talking about the need to tighten, playing right into the hands of the paralyzed and confused and their false idols. Remember the next time this hatches, dont be fooled by the misdirection play. Focus on what matters, finding the stocks of High Quality Companies at good prices rather than fretting endlessly about something you cant do without, the fed. Bernie in north carolina, bernie. Caller jim, gold bouillon. I like that. Caller thats a greeting variation, not a question. The question is gilead. Last quarter earned 25 Cents Per Share more than amgen. Political head winds exist for gilead, and it will buy some company. But right now is gilead undervalued at almost 100 points below amgen . Gilead is extremely undervalued. Amgen is incredibly cheap too. I prefer amgen over gilead because they have to start buying something with that money. They should have been buying some of the companies we talk about all the time on this show. They could make money. Gilead wont come on the show, but at least they could watch the show. Ray in illinois. Ray. Caller hi, jim. My question is on monsanto. It was selling at about 108 prior to the offer that bayer gave it for 128. After that offer, the price went down to 103. My question is why would it go down to 103, and then would you expect to recover as you get closer to the buy out date . Its kind of like the chicago bears. It could go 03 and no one makes the playoffs. This company is this deal is not to be believed, and ive been saying that from the moment it was asked because the farmers will not let it happen. Take it from me. Monsanto is not going to be able to close that deal, and i wish i were being an advisor in that room. I dont want any money. I would just tell them stop wasting our time. Dont be fooled by the fed talk. I know it takes up a lot of air time and web time and tv time and newspaper time. But im here to help you focus on what matters, finding the stocks of High Quality Companies at prices to sal vat for. On mad money tonight, can red hat connect your portfolio to profits . Then ive got an idea for one more perk for those who love amazon prime. Stock picking brought right to your door. Jeff bezos, i hope youre watching this one. I know you never miss the show. Occasionally maybe. And im taking a look at wall street warrior lululemon. Is the retail name overstretched . Is it a one trick pony or just hitting its stride . May i suggest that you stick 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 . Head to madmoney. Cnbc. Com. Hey hows it going, hotcakes . Hotcakes. This place has hotcakes. So why arent they selling like hotcakes . With comcast Business Internet and wifi pro, they could be. Just add a customized message to your wifi pro splash page and youll reach your customers where their eyes are already on their devices. Order up. Its more than just wifi, it can help grow your business. You dont see that every day. Introducing wifi pro, wifi that helps grow your business. Comcast business. Built for business. Comcast business. Youre at the top of your game. At work or at play, youre unstoppable. Nothing can throw you off track. Oh hey, shes cute. Nice going man. Things are going great for you. Youve earned a night out. Good drinks, good friends. Yeah, we can go ahead and call this a good night. Wait, is that your car . Uh oh. Not smart. Yeah, i saw that coming. Say goodbye to her. Ouch that will hurt your bank account. Youre looking at around ten grand in fines, legal fees, and increased insurance rates. I hope you like eating frozen dinners. Alone. Lets try this again. Smart move. Because buzzed driving is drunk driving. There have been so many gettable wins the past couple days that you got to be kidding yourself if youre waiting on the sidelines until the fed meeting before doing any buying. Take red hat, provider of open source operating systems, along with middle ware, virtualization and the quick growing cloud business. It roared up nearly 4 today in the wake of a terrific quarter. All i can say is if you didnt see this one coming you werent mat watching mad money. The last time they reported, the quarter was widely panned incorrectly. Stock got pummeled wrongly. We spoke to the ceo and he explained red hat was doing fairly well. When it reported again last night, red hat posted a 1 cent earnings beat, up 17 yearoveryear. Dont see that with many companies. Even better, management gave an excellent forecast for the next quarter and also raised their fuel years sales and earnings guidance. It was a classic beat and raise quart. Now up nearly 9 since the last time we checked in with these guys three months ago. Whats driving this companys let take the Financial Officer, find out more about the quart. Welcome back to mad money. How are you . Now theres some things that happened this quarter that are amazing. 60 growth in deals over 1 million. How does that happen . I think, you know, its a great statistic that we saw this past quarter. So thats quarter on quarter, year on year. I think what that really shows is that a larger number of our customers not only are repeating business with us about are expanding their business as far as not just the operating system, but theyre using us to set up their hybrid clouds, to look at open sack and open shift, and i think that larger amount of spend that theyre doing with us ask kind of now more pervasive across the larger numbers. So looking at that 60 , 55 , is a great stat. Its very rare that we see, other than facebook frankly, a company that has been around for a little bit actually have accelerated Revenue Growth out of nowhere, particularly in an environment where many Cloud Companies have stumbled. How can you get accelerated Revenue Growth . What did you do . What did you spend . What did you see that it happened . You know, i think the major thing here is innovation and thats a top focus for us at red hat. Theres so much going on when you think about i. T. And technology. So much. I think in your program, you talk about it every day. We have to. Its the Fastest Growing area of the world. When you look at red hat and how were positioned, weve got a fool Software Stack and operating system and were constantly innovating ourselves by listening to our customers and part of the Opensource Community. That allows us to constantly look at expanding our portfolio. In addition to the operating system, focusing on cloud forms, which is our cloud infrastructure. Right. Is really helping us continue to innovate and continue to grow as a result of that. And that increased spend with customers and also a larger number of customers is helping us have that you keep winning the old ones back. Nobody leaves. Thats true. Again they see the value. Now, this morning i was mentioning you in my segment that i do with david faber. He says, would you please ask them where they fit in in the cloud . Id like to use an example from your website. Etrade boosts reliability and performance by using red hat. I thought you could walk david will like this walk people through what happened in etrade that made them better and more efficient and happier with their customers happier with them because of red hat. So i think its whether its etrade or whether its a large number of other customers that we have. You have a lot of financials. We do a lot of financials. Its tech and media, its public sector. Cambridge university. You have some really good yeah. Its using an Opensource Community as they look at how theyre going to do their i. T. Environment and standup clouds. That enables them to be much more efficient both in the cost of their i. T. Infrastructure as well as the output as far as what they can provide. We cant see it ourselves. You can see it. And thats the beauty about red hat, its behind the scenes, but it enables many of our customers verizon is another great example. I mean verizon, if you think about verizon, theyre probably one of our larger customers that have a much more extensive use of our portfolio. So, you know, more recently weve been working with them on Network Function virtualization where they have five of their Major Data Centers on nfe, which is an open stack environment, and open stack is early as far as where the adoption is. But verizon is really leveraging that so they can provide Additional Services to their customers. In your deck, you talk about the public cloud is our Fastest Growing channel. The pace of the public i mean everybody is just leaving these old systems, right, and going toward this . It just saves a huge amount of money or bring you in . Well, i mean yes. The whole thing about cloud is the public cloud, private cloud, what we look at from a red hat standpoint and we talk about this hybrid cloud because our customers are talking about the investments that they made on prim as well as looking basically moving to public clouds, whether its amazon, whether its microsoft azure. We want to make sure it doesnt matter whether its on program or off pram. They have the flexibility using our software to be able to manage in both environments. So thats kind of what we see. The growth for us on the public cloud side has been one of our fastestgrowing segments of our business, but it helps support. One of the things we talked about at our analysts day back in june is when we look at the spend of our customers, we see growth in spend in the public cloud. We growth in spend privately on pram, so that really supports our overall thesis and strategy around the high briybrid cloud. What is the state of technology . It depends. We talk to a lot of companies that are in slower growing. Yours seems like its actually accelerating. I. T. Spend is up but at a lower rate than in the past. Because more companies were looking to drive some efficie y efficiency, and thats a great opportunity for red hat because, again, when youre open source, the cost of implementing open source versus a proprietary system is much cheaper and much more efficient. So it plays into what were doing, which is why were growing. You mentioned our growth this past quarter at 19 , why were growing at so much higher rate than other technology companies. Well, to me, its a very clear runway, and the stock still isnt up for the year. I mean youre going much faster than every other company that i deal with. Thats frank calendar rowny, chief Financial Officer of red hat. This stock is not up enough after that great quarter. Its got more ahead. Mad money is back after the break. Announcer coming up, jim goes to the mat with a retailer thats about more than just yoga. The ceo of lululemon joins cramer at the Flagship Store for this flagship brand. Im buying and im checking out point of sale or well, point of sweat. Announcer when mad money returns. These goofy glasses. Yeah. Well, we gotta hand it to fedex. Theyve helped make our ecommerce so easy, and now were getting all kinds of new customers. I know. Can you believe were getting orders from canada, ireland. This ones going to new zealand. New zealand . Psst. Ah, false alarm. Hey you guys are gonna scare away the deer idiots. Providing Global Access for small business. Fedex. Its not just a car. Its your daily retreat. Go ahead, spoil yourself. The es and es hybrid. This is the pursuit of perfection. Sometimes i find myself wishing amazon would just create a stock market thats fair and honest so we could abandon the one we currently have. Thats because on a day like yesterday, only