>>> MY MISSION IS SIMPLE TO MAKE YOU MONEY I AM HERE TO LEVEL THE PLAYING FIELD FOR ALL INVESTORS THERE IS ALWAYS A BULL MARKET SOMEWHERE I PROMISE TO HELP YOU FIND IT. "MAD MONEY" STARTS NOW. >> WELCOME TO "MAD MONEY." WELCOME TO AMERICA. MY JOB, NOT JUST TO ENTERTAIN BUT EDUCATE AND TEACH YOU BIRD CALL ME OR TWEET ME. EARNINGS SEASON, OF WHICH WE ARE IN THE MIDDLE OF REQUIRE ITS OWN TERMINOLOGY. IF YOU DON'T KNOW THE CLASSIFICATION, YOU WILL KNOW WHY STOCKS GO UP OR DOWN WORD IT'S AS THOUGH THINGS ARE NOT GOING WELL. TONIGHT, AFTER THE 27 POINTS AND THE NASDAQ GAME .61%, I'M GOING TO EXPLAIN TO YOU THE LINGO, THE TERMS YOU NEED TO UNDERSTAND. NOT TO MENTION RECOGNIZE WHEN THE ACTIONS ROCK. THIS IS THE ACTUAL TERM THAT BIG MONEY MANAGERS USE WHEN THEY TRY TO FIGURE OUT WHAT TO DO WHEN THEY ARE GOING THROUGH EARNINGS SEASON. LET US START WITH THE EASY ONES. THESE I CALL THE CONTINUALLY GOOD QUARTERS. WE JUST GOT A FEW TODAY AND TONIGHT. NONE OF WHICH SHOULD HAVE BEEN SURPRISING. THE WORLD WORRIES THESE NUMBERS MIGHT COME UP SHORT. THE FIRST TWO GREAT ONE WAS PULLED TO GROW, AND SHERWIN WILLIAMS. I AM BLOWN AWAY BY PULTE. CANCELLATION SO LOW. THEY BEAT THEM. IT WAS QUITE ONE OF THE BEST QUARTERS OF THE ENTIRE YEAR. WHAT IS INCREDIBLE TOMORROW THE FEDS ARE LIKELY TO RAISE INTEREST RATES. THAT SHOULD BE HURTING BOTH THE MARGIN STORY AND THE FORECAST FOR HOMES. YET IT IS NOT. EVERY TIME THE FED, IT MAKES IT LESS LIKELY TO SELL. THEY LOSE TOO MUCH MONEY WHEN THAT NEW MARGIN PAYMENT IS MUCH HIGHER. A MASSIVE HOUSING SHORT OF SUPPLY. AND THE STRENGTH AND HOUSING STOCKS. SHIRLEY WILLIAMS RALLIES BECAUSE THERE IS A STRONG DEMAND FOR PAINT COUPLED WITH A CONTINUED DECLINE IN RAW COST, MORE THAN EXPENSING. EXPANDING MARGINS COME WHEN YOU LEAST EXPECT THEM, STOCKS GO UP BIG. THEY ALSO HAVE DOUBLE DIGIT GROWTH WITH COMMERCIAL PROPERTY MAINTENANCE. YOU KNOW WHAT? RESIDENTIAL RE-PAINTINGS ARE GOOD. DOES THAT MAKE YOU THINK THAT SHERWIN-WILLIAMS , INSTEAD OF BEING HURT BY HIGHER MORTGAGE RATES IS ACTUALLY DOING QUITE WELL? IT MAKES YOU THINK THAT YOU SHOULD BE A BUYER OF BOWLES AND HOME DEPOT. THAT WAS TOO GOOD A QUARTER. I CONTINUALLY GOOD QUARTER IF THERE EVER WAS ONE. ANOTHER CAN SECOND GRADE QUARTER THAT WOULD BELONG IN GENERAL ELECTRIC. WORKING STRONGLY BETTER-THAN EXPECTED AND BIG BUSINESS AND SERVICES. THAT IS WHERE ALL THE MONEY IS MADE AND GE HAS THIS RAZOR BLADE BUSINESS MODEL. YOU SAW THE ENGINE TO A PLAYMAKER AND THEN YOU PREPARE AND SERVICING FOR YEARS AND 70% GROSS MARGINS. IT WAS A PLEASANT SURPRISE WITH SOME REALLY GREAT TRACTION IN WIND. I CANNOT BELIEVE HOW THIS IS TURNED AROUND A PREVIOUSLY PATHETIC BUSINESS. THEN AGAIN, THIS IS LARRY COLE. OFF A BELT, ALSO FELL INTO THE CONTINUALLY GOOD QUARTER CATEGORY. A TERRIFIC FOR THE CLOTHES. THE ACCELERATION OF CLOSE IN SEARCH, YOUTUBE AND GOOGLE CLOUD. ONE COULD ARGUE THAT MICROSOFT WENT IN THE CONSISTENTLY GOOD CATEGORY. I THOUGHT THE NUMBERS ARE FINE, ESPECIALLY THE AZURE CLOUD FOR FAIRLY NOT ENOUGH TO KEEP PROPELLING THE STOCK EVER PRIOR GIVING THIS TREMENDOUS GAINS OVER THE LAST MONTHS. I THINK IT CAME IN TOO HOT. WE WILL HAVE FOUR PORTS TONIGHT -- FOR MEMBERS ONLY -- WITH EACH OF THESE NUMBERS IN DEPTH. YOU KNOW I CONTINUE TO FLIT ABOUT THECASE AGAINST ALPHABET AS I TOLD YOU. I RECOGNIZE A CONTINUALLY GOOD QUARTER WHEN I SEE ONE. AFTER THE GOOD QUARTER, WHAT IS NEXT? WE HAVE ANOTHER CUTTER IT IS CALLED THE FIRST GOOD QUARTER. WE JUST HAD TWO GOOD ONE LAST NIGHT AND ONE THIS MORNING THE CHIPMAKER WITH A BIG PRESENCE AND AUTO AND THE INTERNET. THEY HAVE BEEN HAVING A TOUGHER TIME OF IT. THEY SAID IT IS OVER. THE PREVIOUS QUARTER MARKET THE BOTTOM IN THE CYCLE. THIS WAS THE LAST BATTER QUARTER. WE HAVE THE FIRST GOOD ONE RIGHT NOW. I'VE GOT TO TELL YOU, I THOUGHT IT WAS REALLY GOOD. IT WAS A FIRST QUARTER AFTER DROP YOU A CHANCE FOR A BIG RUN. I THINK THIS ONE AT NXPI IS JUST BEGINNING. THE SECOND OF THE FIRST GOOD QUARTER THAT WE GOT WAS A BIT OF A SHOCKER, 3M. THIS IS BEEN LITIGATION OVERHANGS AND SOME REVENUE EARNINGS AND MISSES. ALL OF A SUDDEN THEY ARE PUTTING ALL THE ISSUES BEHIND THEM. REACHING A SOLID SEVEN WITH THE SPOILAGE CLAIM. IT IS DOING BETTER IN MULTIPLE DIVISION, AUTOS, HIGHWAY INFRASTRUCTURE. AND PERHAPS -- AND EVEN PERSONAL SAFETY. MIKE ROMAN, EVEN RAISED HIS FULL-YEAR EARNINGS OUTLOOK TO $8.60 $9.10. THAT IS HOW A BIG MOVES BEGINS IT BELONGS IN A CATEGORY OF GOOD QUARTER. FOR A DISAPPOINTMENT, A FIRST GOOD QUARTER, IS A VERY BIG DEAL. STOCKS DON'T TEND TO STOP AFTER THEIR FIRST GOOD QUARTER. LET US GET TRICKY. YOU WANT THE MOST BANG FOR YOUR BUCK, ALSO THE MOST RISK, YOU SHOULD TRY TO DISSIPATE THE LAST BATTER QUARTER. THAT MEANS YOU HAVE TO GET IN BEFORE THE BUSINESS HITS BOTTOM. IT IS BREATHTAKINGLY REWARDING. THAT IS WHAT HAPPENED TODAY WITH CHAPEL TRUST, WHICH NOW HAS PUT UP THREE NOT SO HOT QUARTERS IN A ROW. INDICATING THAT THINGS COULD BE GETTING BETTER OR IN SOME CASES COULD NOT GET ANY WORSE. "MAD MONEY" WITH JIM CRAMER SIX MAKES HIGH TECH EQUIPMENT FOR THE MEDICAL EQUIPMENT. THAT IS WHY I SMELL A BOTTOM. I WANT TO GET AHEAD OF IT BUT AS WE TOLD THE MEMBERS AT THE MORNING MEETING, WE BUY DANAHER RIGHT HERE, RIGHT NOW IF YOU'RE NOT RESTRICTED BY HER OWN DISCUSSION. WE THINK THIS CRAWLER -- QUARTER TRULY MARKS THE LAST BAD QUARTER EVER BECOMES A TREMENDOUS BUYING OPPORTUNITY. MAX CATEGORY IS THE FIRST BAD QUARTER. WE DO NOT WANT THESE. THE WINNER OF THAT CATEGORY IS RTX. IT IS HAVING A GIANT RECALL OF ENGINES. GOING TO PUT THE WOOD THROUGH THE FREE CASH FLOW. RTX BOTCHED THE STORY ABOUT RECORD QUARTERS. AND FANTASTIC QUARTERS. JUST BRUTAL. THE CEO HAD TO COME ON SQUAWK ON THE STREET TO SPELL OUT THE COST TO THE COMPANY AND ITS CUSTOMERS, THERE WILL BE MAKEGOOD TO KEEP THE CUSTOMERS HAPPY. SILVER LINING, RTX HAS 30% ORGANIC GROWTH. THAT IS THE BEST IT HAS EVER HAD. AS WITH THE CASE FOR GE. RTX TOLD YOU THAT ANYTHING AEROSPACE IS STRONG. THEY ALSO HAD THE DEFENSE NUMBERS AND IT WAS THE FIRST BAD QUARTER RINGS TO THE INJURED RECALL. YOU HAVE TO WONDER IS THERE ANOTHER SHOE TO DROP. YOU ALWAYS DO. WE ADDRESS THIS ONE HAS RTX HAS BEEN IN OUR BULLPEN FOR LONG TIME. I HAVE TO TELL YOU, I AM A BIG GREAT FAN. I THINK HE IS A STRAIGHT SHOOTER. IT MAY BE THE FIRST BAD QUARTER AND IT MIGHT BE THE BEST QUARTER. NOT SURE YET. THERE IS THE QUARTER WHERE THE MARKET MAY JUST BE PLAIN WRONG GE HEALTHCARE, THAT IS ANOTHER CHAPEL TRUST BUT WE'VE BEEN WAITING FOR THE STOCK TO COME DOWN BUT PEOPLE DO NOT REALIZE YOU NEED THE MACHINES IF YOU DO ANYTHING USEFUL WITH ALL OF THESE BRAND-NEW ALZHEIMER'S DRUGS. I THINK GE HEALTHCARE COULD BE THE BIGGEST AND BEST BENEFICIARY WHEN IT COMES TO IMPLANTATION OF THOSE AMAZINGLY IMPORTANT DRUGS. WHEN WE TALK TO THE CEO LATER, I LIKE THE STORY VERY MUCH. I WANT TO LEARN MORE. IT WAS A CONFUSING QUARTER. THE MARKET WAS INITIALLY WRONG ABOUT GENERAL MOTORS BECAUSE IT WAS CONFUSING TOO. WE HAD A DECENT QUARTER THERE BUT THE CEO GLOSSED OVER THE FACT THERE MIGHT BE A STRIKE THAT COULD REALLY CRUSH THEIR EARNINGS LATER THIS YEAR. WE KNOW THE UAW ARE ITCHING FOR A FIGHT. JIM WAS TO CLEAR ABOUT THE WHOLE MATTER. IT WAS UP NICELY AND THEN BACK DOWN WHEN BARNES PREMATURELY DISMISSED ANY WORRIES WITH THIS FIERY UAW LEADERSHIP. A STRIKE COULD BE IN THE CARDS NO MATTER HOW MUCH COOPERATION MOORE THINGS THERE MIGHT BE. NOW YOU HAVE THE MOST IMPORTANT SEASON CATEGORY. YOU HAVE THE CONTINUED EXCELLENCE YOU HAVE THE FIRST GOOD QUARTER. YOU HAVE THE LAST BAD QUARTER. YOU HAVE THE FIRST BAD QUARTER AND YOU HAVE THE CONFUSING QUARTER. I KNOW IT SEEMS CUMBERSOME. THAT IS TRULY BEHIND-THE-SCENES THAT FUND MANAGERS USE. YOU JUST HAVE TO FIGURE OUT WHAT YOU GOT YOUR HANDS ON BEFORE YOU DO ANY BUYING OR SELLING. THERE ARE A LOT OF DIFFERENT GRADES OF EXCELLENCE. AFTER A BIT TRULY PUT UP GOOD NUMBERS. MICROSOFT, LESS SO. ONLY BECAUSE OF THE LOFTY EXPECTATIONS CAUSED BY A STAGGERING ONE IN THE STOCK. WHAT I CALLED MR. SOFTY. LORI IN MASSACHUSETTS. >> HOW ARE YOU TODAY? >> I AM GOOD. HOW ABOUT YOU? >> I WATCHED A SHOW ABOUT A MONTH AGO, LIKE I ALWAYS DO EVERY DAY. ON THAT SHOW, YOU MENTIONED SOME GENERATIONS THE COMPANIES AND ONE OF THEM WAS CELSIUS HOLDINGS. I HAVE BEEN WATCHING THAT STOCK GO UP EVERY DAY. I FINALLY BOUGHT IT. IT WAS AT 145. I AM WONDERING IF YOU HAVE ANY THOUGHTS ABOUT IT MAY BE GOING A LITTLE HIGHER? >> I THINK YOU ARE IN GREAT SHAPE. WHAT PEPSICO SAID ABOUT THE QUARTER AND THE BRAND TELLS ME THAT IT IS THE LONG-TERM BUT WE LIKED IT OURSELVES ON THE SHOW. I THINK YOU ARE IN GREAT SHAPE. I WANT YOU TO STICK WAS CELSIUS. THAT MIGHT BE TOUGH AND CUMBERSOME BUT BEFORE YOU DO ANY BUYING AND SELLING, PLEASE MAKE SURE YOU'RE ABLE TO DISTINGUISH THE GOOD QUARTERS OF FROM THE BAD QUARTERS WHAT WENT RIGHT AND WHAT WENT WRONG. THAT WILL DETERMINE THE DIRECTION OF YOUR STOCKS. WE HAVE BEEN FOCUSED ON GE HEALTHCARE. SECOND COURSE IS DOWN COMPANY. I HAVE TO WHETHER THE NUMBER TO THE COMPANY CEO. IN THE CONSUMER CREDIT SEEMS TO FALL APART. OVER THE PAST WEEK WE HAVE SEEN SOME CRACKS IN THE PAINT. IS THIS A WARNING OF THINGS TO COME? I AM DIGGING INTO THE SITUATION. THE MARKET HAS BEEN BUSY THIS SUMMER. WHAT SHOULD YOU MAKE OF THE NEWLY LISTED STOCK OF ODDITY TECH? I AM SHARING WERE I COME DOWN. STAY WITH KRAMER. >> DON'T MISS A SECOND OF "MAD MONEY." SEND JIM AN EMAIL. OR GIVE US A CALL AND 1-800-743-CNB
