The whole joint. Were letting its negativity, its neoism, were letting it influence our thinking i want it stopped right now. Right here i want to cordon off craamerica and do it today. The dow dipped the nasdaq gained. 47 put it simply the people who run our government cant seem to, well, govern todays breakdown of the gops most bedrock promise repage replacing obamacare has cast a pall over everything even if it was unpopular, but if the republicans never had votes to axe the Affordable Care act why have they spent month on legislation going nowhere. Makes me wonder if Mitch Mcconnell knows how to count im not saying we need to return to camelot i just think that congress inability to accomplish anything, anything at all has started to poison the atmosphere on wall street the latest look at the results of our Great American companies with way too jaundiced this negativity is coming out in two ways first buyers right now seem only to have love for a handful of companies that are viewed as mute you know what im talking about. Netflix reported good subscriber numbers last night now the stocks that make it up to etf are trading together. Joined this. 22 point gain in netflix even if theres no news on facebook and several analysts cut numbers for alphabet plus one analyst suggested amazon could have a possible slow down in its web Service Business obviously others agree with me or the stock would be soaring. Thats why i want to sing the praises of a bunch of companies that have reported this earnings season, companies that would be getting a lot more attention in love right now if washington wasnt making us feel so pessimistic. Lets start with the banks somehow in some way this market has decided that jpmorgan didnt have a good quarter. These companies are doing incredibly well for this environment. I cant believe how much money jpmorgan is making or how strong its lending operations were. Whats the takeway jaime dimons peak only time i heard a ceo curse on a Conference Call. In case you missed the call, dimon let loose with a howard beall style rant we have become one of the most bureaucratic, confusing, litigous societies on the planet its almost an embarrassment being an american citizen traveling around the word listening to the stupid [ bleep ] we have to deal with in this country. Dimon hit the nail on the head i wish he used a Different Forum to talk about politics jpmorgans amazing quarter jpmorgans results like those of citi and bank of america are splendid examples of how well banks can run without one ounce, one iota of flep ohelp from our federal government goldman sachs, feel free to take everything i say with a grain of salt but i honestly cant believe how much goldman can make. They reported nice upside surprise with nothing good to happen in their key markets especially equities where they killed it. Who knows how much they could make if there was any volatility anywhere in any market this company with the stock down more than five bucks is primed and ready. All these bank stocks are just plain by answered. United health. For years and years my go to analysts says this quarter hit on every cylinder. She called it and i quote an outstanding report and told us the more broken health care is the better it is for United Health because the company is uniquely positioned to fix it and make money doing it. This company i should tell you has a stunning 17 year earnings per share compound annual growth rate of 19 . And this quarters growth exceeded that. She goes on the say and i quote when folks stop complaining about Health Reform failure they will figure it out what im saying dont let the 50 cent gain full you United Health had a great quarter. What else . Lockheed martin, great quarter earning 3. 25. Street looking for 3. 11. Boosted its top and bottom line forecast this company is generating 6 billion in cash. The bulk of the profit comes from washington. Who the heck wants to be chained to these do nothing embarrassments hence the stocks brutal unjustifiable decline. Johnson johnson gave you and amazing raise. Why so many people love this company and stock given its fantastic Balance Sheet and excellent management initially j and j went down as we heard the Republican Health care bill had fallen apart which is insane because this legislation would have hurt the companys earnings but just bringing us all down, isnt it pathetic now at least on the Conference Call the ceo and cfo were able to tell us repeatedly that the second half will be very strong. And thank heavens it turned around it shook it off. Still i wonder if these embarrassments in washington recognize what the heck they are doing to both the Capital Markets and psyche of the american investors our leaders keep telling us everything is falling apart but cant do anything about it, hence the head long rush into facebook as well as travellers, and invrn dinvidia. These people being interviewed outside of washington. Telling us how bad everything is they can bring down the most optimistic investors on earth. Heres the problem, though if you own stocks by nature you need to be optimistic. Youre hard pressed to own any stocks if you thought our nation was a joke facebook can go hire they are in spieft stocks. Stocks of companies that are doing so well they can keep roaring even if our government makes it into a global laughing stock. The bottom line dont trust the reactions were seeing dont say oh, this is a narrow market instead say let me go back over these quarters without thinking about how embarrassing washington has become. When you stop viewing stocks through the prism of politics youll find a lot of things you like a lot of things you should buy ill go to louisiana caller booyah, jim. My question is about sysco foods. Do you see growth or are there better alternatives . This last quarter was not that good. Its got a good yield. I like the new management. Ill say buy bob in new york. Caller hey, jim thanks for taking my call i got a question on the infrastructure and health. Im interested, i want to get your opinion on Steel Dynamics our pipelines, roads, bridges bob, youre presuming that actually somebody in washington will do something about it which i find fanciful which is why i like newcorp they always went out and made good profit and that will continue nue is the way its time to bust the gloom. You look at specific quarters you would be a buyer not a certainly. Dont be confused by the nature of the stock price coming up on mad money a magnificent run. Nasdaq gets plenty of attention from wall street but the charts are telling a different story. Ill show you signs ahead. Do the words negative Free Cash Flow sound good to you sure they didnt sound good my partner david faber. But they are music to the ears of netflix ceo and stealth play on amazon nation of retail im talking with the ceo just ahead. So stay with cramer. Thank you so much. Thank you so were a go . Yes we got a yes what does that mean for purchasing . Purchase. Lets do this. Got it. Book the flights hai si si ya ya ya what does that mean for us . We can get stuff. Whats it mean for shipping . Ship the goods. Youre a go you got the green light. That means go oh, yeah. Start saying yes to your companys best ideas. Were gonna hit our launch date scream thank you goodbye let us help with money and knowhow, so you can get business done. American express open. So you can get business done. At the lexus golden opportunity sales event before it ends. Choose from the is turbo, es 350 or nx turbo for 299 a month for 36 months if you lease now. Experience amazing at your lexus dealer. Hey youve gotta see this. Cno. N. Alright, see you down there. Mmm, fine. Okay, what do we got . Okay, watch this. Do the thing we talked about. What do we say . Its going to be great. Watch. Remember what we were just saying . Go irish see that . Yes im gonna just go back to doing what i was doing. Find your awesome with the xfinity x1 voice remote. Lately the strength in the Technology Sector has been getting a lot of attention with so many talking heads talking about how these stocks ran up too fast i spent time debunking the idea that were swachg a sequel to the dotcom era. Tonight a different approach the truth is there are many other sectors that are performing nearly as well as tech over the past six months. Some have performed even better. Its not like tech is falling into the stratosphere while Everything Else does nothing the tech stocks up an average of 15 . Health care is up by 13 financials up 8 what we have sheer what i call a broad base rally proving once again diversification is the only free lunch. Bob moreno is my colleague take a look at some terrific nontech stocks many of them are making new 52 week highs i want to start with this is not a 52 week high but a good place to start thats energy. One sector down in the last six months investors seem to be throwing in the towel. Exxonmobil, big dog, is a good proxy for the oil patch so take a look at exxons daily chart. As you can see this stroke has been trading sideways for nearly six months thats a pretty tight channel. Thats what you would expect given oils range. But exxon seems to have a six week cycle with the stock bottoming out then testing its ceiling of resistance before pulling back to its lows again he thinks exxon well established bottom at around 80 bucks it just made another cycle low at the beginning of this month could it have some upside at least for the next few weeks keep that in mind. This is a huge company a lot of people have written off the oil stocks he says no then you get a sense of whats going on in the material space lets check the daily chart of potash its a chemical player thats known for making fertilizer. Normally it trades close to the energy space it was trading sideways for a long time similar to what we saw with exxon potash broke out above its long term ceiling of resistance and could have a lot more room to run. I would put it much more with deer and agro. How about health care . Remember this has been one of the best performing groups around Health Care Companies are claiming money my favorite daily chart of abbvie just last week the stock tested low. Before bouncing back hard. On friday on the verge of another break out although over the basket couple of sessions pulled back. But its only a matter of time before we get to the upside. So recently made a bullish cross over now hes looking more at this. Where the black line goes above the red line at the same time, we follow that Indicator Measures the level of buying and selling pressure in the stock and still very positive territory suggesting big boys accumulate shares in abbvie this rally is not finished some of you have questions isnt that strong . I will tell you i think the abbvie pattern is a good one how about Consumer Discretionary space. This covers a broad range of companies. Lets look at the daily chart of one of my favorites for ages this is the way people book. Priceline. Com. Fabulous barometer of Discretionary Spending because kwhoot be more discretionary than travel and leisure. Priceline is up close to 50 over to past year. Its been trading at a rising triangle pattern last week it broke out above the resistance and since then been moving higher. Meanwhile pricelines relative strength index is tracking higher and accumulation distribution line here we go a tool that tells where you the biggest Institutional Investors are buying or selling trading above its single average this is all systems go so when we put it together this stock is poised to resume its uptrend. I agree. 2,000 is in the forecast maybe easily then the financials and we talked about them at the top of the show were getting frerngs the banks. They have been hit or miss the financials is a group thats been a powerful leader for this market since the election which is why we want to focus on the stronger names blackstone huge asset manager its been on fire all year long. The stocks short term 50 Day Moving Average crossed above its long term 200 Day Moving Average. Thats called a golden cross such a reliably positive sign. Blackstone broke out of its consolidation. That could mean its ready for another leg up making a bullish crossover right here where the black line goes above the red line thats a classic positive signal so much. Gold incross plus the s s onc s ooscillator g out of negative territory. The stock can keep roaring many of you have asked me repeatedly about this stock. Final italy red hot industrials. How can we talk about the industrials without mentioning long term cramer fave, honeywell. Theres a lot to like in this chart. It is picture perfect. Honeywell has been rallying steadily higher for months look at that Wealth Creation here keeps jugging along. Its making bullish crossover. There you go again theres the bullish crossover. Volume weighted in health care has made a sharp how much. Money flow index we like show all the indicators that matter put it all together. Honeywells long term trend will continue the stock keeps pace with its rising 50 Day Moving Average the Company Reports friday heres the bottom line for all the time that you spend listening to endless stories about theres only strength in tech the truth is facebook and microsoft are far from the only stocks that have recently touched the new high and not just about amazon or netflix when you take a broader look at the whole market you can buy all kind of big household named stocks stocks that have nothing to do with tech. Honeywell, blackstone, priceline, abbvie and potash have more room to run. And exxon in the most hated part of the Market Energy space could be due for a bounce. Northeastward dont let the tech rally blind you to Everything Else thats going right. Theres too much good happening right now. Got much more mad money ahead including the quarter that drove netflix all time high. And my take on whether theres still time to buy this stock you want to know that. I havent talked about that yet today. Companies like amazon and best buy theres Something Else hidden in these massive buildings that could be more valuable than merchandise. Bears beware, story of a stock that went from Single Digits to nearly 200 a share and how wall street got the story so wrong. So stick with cramer think again. This is the new new york. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov if only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. The visionary of netflix knows about contents people love a bargain. Three the stock market is filled with big time Money Management dreamers waiting for something new involving the internet not Just Entertainment hastings gave these dreamers exactly what they wanted last night. Hence the steeks moocks 22 ru. Netflix is a two prong success you provide contents and charge people 8 bucks or 8 euros youll land and expand. Youll grow and grow and grow. Thirtsd element that hastings understood Money Managers let you live, let you thrive if you convince them you figured out how to deliver internet to deliver quality programming. Doesnt matter if the company is losing mountains of money. What the analysts focus on what reed says negative Free Cash Flow will be an indicator of its too funny, negative Free Cash Flow is an indicator of enormous success. Thats a statement i tried to tell that to faber. It was hard to get out in other words, netflix is an Entertainment Company but is being valued as a tech company as Money Managers believe its all well and good to lose money now if youre going to dominate later. Enormous success, negative cash flow when i listened last night i was stunned by the buchl seautiful simplicity almost as if hastings said theres an equation. The equation is the number of people on earth times the hours of free time they have, minus the requisite current use of that free time, equals the opportunity to provide programming that people love via the internet this man simply solved x, the programming people want. Once you get people hooked by the bargain of lower than quality price and the negative flash flow netflix can analyze their usage data to give them even more of what they want. In essence the Company Created entertainment, the Artificial Intelligence intelligence that comes from usage data. A habit that cant be kicked netflix the new opioid for the masses worldwide deepg price per month low hastings ensures no other company can come in because whoever tries to compete will end up destroying their own grows margins. Last nights quarter was a triumph of science mas kwurch erading as art theres great artisty to please subscribers in new markets thats secondary you can run loss for as long as you want because you can raise prices or cutback on spending. Come on. Same model as amazon Money Managers backed amazon because they knew at a certain point they could raise the price of prime offering, make more money. Until this quarter i kept thinking what the analysts kept getting wrong was the quality of netflixs content. Thats because i love it so much they watch house of cards or stranger things, orange