we hope to hear from jim furyk. tiger woods. when we come back to the olympic club in san francisco. furyk and mcdowell are tied for the lead at 1 under. [ male announcer ] you could sleep in... ♪ ...but you might miss something. and while there are unfortunately only 24 hours in a day... you generally find a way to capitalize on every minute. and of course, there's always tomorrow. with an exceptionally smooth taste, only 95 calories and 2.6 carbs, michelob ultra is the superior light beer perfect for every side of you. >> this was a moment ago. watch tiger woods making his way up the hill behind 18 after finishing out. his right hand will strike a gentleman there on the camera, and as you can see sh, that hur tiger. he is shaking it off as he makes his way up the stairs, trying to get a word with tiger to see exactly how bad that was, but that is the last thing that a guy like tyiiger needed on a da like today, and johnny, how surprised are you of tiger's performance today tied for the lead. >> well, i can't believe he did w

jim. that's not discretionary spending. how about dick's sporting goods? an upgrade 3.5%. not many necessities sold there, unless you are like me and you regard fishing as a necessity for a happy life. and home depot held analyst meeting, the company is more bullish than any time i can recall during the whole down turn. they offered half a million to a bountiful buy backback. and ulta salon, they reported a monster quarter. pretty amazing, right, given the hiring in the country. they sell perfumes and other beauty products. the desire to look young and beautiful is an integral lubricant for the wheels of our late-staged economy. but this will never be confused with buying bread, milk, or water at the supermarket. what is the belly aching about if things are so darn good? why can't we jump into this market with both feet? first, for the most part, as important as individual companies are, side show. like a carnival barker in a side show. the macro, not my department, the huge issues facing

. >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going out of business. he's nuts. they're nuts. they know nothing. >> i like to say there is a bull market somewhere. >> mad money, you can't afford to miss it. >>> hey, i'm cramer. welcome to mad money. welcome to cramerica. if you want to make friends, i'm trying to save you money. other people want to make friends. i'm just trying to save you money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. when the stock market runs and rupps and runs in anticipation of good news and then you get the news and it's good, but not better than good, the market sells off like it did today. with the dow sinking 13 points, nasdaq edging up .02, think about it. for days and days we have been rallying on the possibility europe may try to start growing not just cutting back and that the federal reserve will aid the effort by keeping interest rates low. when ben bernanke says he'll keep rates low right after e

jim rogers standing next to me now, you say as much. what do you see there that leads you to believe that's going to be just fine. >> first of all, they've got huge savings, huge reserves. largest creditor nation in the world. staggering amounts of money. they saved a lot of money for a rainy day. when it starts raining, they're going to spend the money. these are hard working, energetic people on the rise again. don't get me wrong. there'll be setbacks. listen. you've got other things to worry about than worry about china. >> is that the most misunderstood part of the china story is the pickup in internal consumption and that's going to continue to grow? >> there is pickup in internal consumption, no question about that. i have no idea what the most misunderstood part -- >> there's so many. >> china's larger geographically than the united states. it's a huge place. >> what commodity do you like the best right now? >> well, agriculture. i'm much more optimistic about agriculture than anything else mainly because it's so depressed on a h

his grandmother taught him how to sew and -- this is a very early photograph of jim. you can see he's pretending to be a snake charmer, and he's charmed the garden hose. then when he was in high school, he worked on all sorts of high-school publications, he designed sets for school plays. at the university of maryland, he also worked in the theater department. but right out of high school, he really wanted to work in television, and he answered an advertisement for a television station that wanted puppets and a puppeteer. so he went out, and he learned how to make some puppets from a book and auditioned and got the part. at first, jim made sort of traditional puppets with hard materials like papier-mâché, but he discovered that, with television, unlike a puppet theater, you could do close-ups, and you needed a character that was really gonna be expressive and be able to have a changeable, believable expression. so he took fabric from his mother's old coat and made a character -- took a ping-pong ball, cut it in half for the eyes, and created kermit. and he found tha

>>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> mad money, you can't afford to miss it. >>> hey, i'm cramer. welcome to mad money. welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job isn't just to entertain but to teach you. especially on a tough day like today. call me at 1-800-743-cnbc. most of the time i come out here, tell you why the stock market soared or got hammered and how i think that you can profit from it. usually these moves -- [ bang ] >> just a second. they make a degree of sense. sometimes they are so breathtakingly crazy, like today when the dow plummeted 250 points. s&p nosedived 2.3%. and the nasdaq sank 2.44%. i've got to pause with wonder and marvel at how counterintuitive the stock market must seem at home to you. i want to start with a query that put toda

>>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to help you save some money. my job isn't just to entertain but to educate and teach. call me at 1-800-743-cnbc. after a solid day for the market dow gained 67 points, s&p rallied .72%. not bad. nasdaq climbed 1.17%. what happens to be our game plan for next week? look, i could easily start with europe like every other friday for ages now. everyone from the italian, spanish, french premiers to the imf, selective members of the european central bank want euro bonds to buy sovereign debt. but the germans fight it. let's stop mincing words. germany, the biggest beneficiary of the euro is standing squarely against the world when it

>>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there is a bull market somewhere. "mad money" you can't afford to miss it. i'm cramer. welcome to "mad money" and welcome to cramerica. other people want to make friends, but i want to earn you some money. others want to entertain you, but i am trying to make you some money. we have become so jaded about the european chaos. so worried about the chinese hard landing. >> ow! >> or the fiscal cliff in america. >> ow! >> it is difficult to imagine how anything positive could happen in the near term despite the juicy rally with the dow tacked on 92 points, and the nasdaq up. and listen, i get, i get the negativity, and there are no short term alternatives in europe. i won't pretend there are. banks in spain and italy are too weak, and the countries are way too much money, and to finance themselves. china is a quandary, and we

jones. >> how is it that jim jones has your son? >> okay. i know this is very hard to believe and, i mean, if people out there don't believe me that's their problem, okay. it's easy for someone to stay out there and say if it was my child, i would have never left. i'm a mother and i would have never left my child. it took me four years to gather the courage to leave. the key was this. jim told us that if we ever left we would be killed. i had a woman put a gun in my face and tell me she, personally, would take care of me. >> i said i'm willing to make this decision for myself, i'm not willing to make it for my son. and when i left, it was a very hard and trying time. i would say it took me maybe six years -- six years, excuse me, six months to recollect where i was at, who i was and what i had done. as soon as i snapped out of that and got my senses together, i said to myself, hey, i'm getting john stoen out of there. no matter what i have to do. i said jim is going to have to kill me to stop me from trying to get my son back. >> th

in the meantime, mad money with jim cramer starts right now. >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job isn't just to entertain but i'm trying to educate you. call me at 1-800-743-cnbc. we have become so jaded about the european chaos, so worried about the chinese hard landing or the fiscalç cliff in americ that it's difficult to imagine how anything positive could happen in the near term despite the rally today with 92 points for the dow. nasdaq advanced .74%. s&p up.9%. i'm not going to pretend there are short term positives in europe. china is a quandary. we are now hearing not only that it could get worse, but that it might never have been any good to begin with. chinese have been fudging t

. ♪ >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you money. my job isn't just to entertain but to educate and teach you. call me at 1-800-743-cnbc. why not just fold up your tent and sell everything? who needs this miserable aggravation? why put yourself through this pounding day after day including this one where the dow drilled you for 138 points, s&p took a 1.6% haircut and the nasdaq imploded down 1.95%. i heard it all day today. the misery, the feeling of defeat. the notion you will be annihilated by europe, that it's coming to an end. i heard the word armageddon twice today. let's throw in apocalypse for good measure. how about prozac? wait a second. how many tim

i had to say jim, jim, jim, jim, jim, jim. i was obviously doing it a number of different ways. at one point during the rehearsals, aaron stopped me and said, emily, how many jims are written there? he said it's five jims. every time you say this line you do a different number of jims. sometimes it's four, six or eight. it's five jims. >> jim, jim, jim, jim, jim. >> reporter: sorkin was once an actor himself, starting with his high school drama club in scarsdale, new york. he studied acting in college and briefly pursued a career on stage. >> well, we found some pictures of you. >> oh, good. i'm sure these won't be at all embarrassing. this is "a midsummer night's dream." i'm 21 in this picture. >> is that the cocky actor period? >> yes, this is the cocky actor. this is the cocky actor period. >> reporter: last month sorkin recalled those early days when he delivered the commencement address at his alma mater, syracuse university. >> i wish i could tell you there was a trick to avoiding the screw-ups, but the screw-ups, they are coming for you. >> reporter: the screw-ups came fo

. >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you money. my job isn't just to entertain but to educate and teach you. call me at 1-800-743-cnbc. why not just fold up your tent and sell everything? who needs this miserable aggravation? why put yourself through this pounding day after day including this one where the dow drilled you for 138 points, s&p took a 1.6% haircut and the nasdaq imploded down 1.95%. i heard it all day today. the feeling of defeat. the notion you will be annihilated by europe, that it's coming to an end. i heard the word armageddon twice today. let's throw in apocalypse for good measure. how about prozac? wait a second. how many times has it co

>>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> mad money, you can't afford to miss it. >>> hey, i'm cramer. welcome to mad money. welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job isn't just to entertain but to teach you. especially on a tough day like today. call me at 1-800-743-cnbc. most of the time i come out here, tell you why the stock market soared or got hammered and how i think that you can profit from it. usually these moves -- [ bang ] >> just a second. they make a degree of sense. sometimes they are so breath takingly crazy, like today when the dow plummeted 250 points. s&p nosedived 2.3%. and the nasdaq sank 2.44%. i've got to pause with wonder and marvel at how counterintuitive the stock market must seem at home to you. i want to start with a kweery that put to

it's five jims. >> jim, jim, jim, jim, jim. sorkin was once an actor, starting with his drama club in scarsdale, new york. >> we found some pictures of you. >> oh, good. i'm sure these won't be at all embarrassi embarrassing. this is a mid summer night's dream and i'm 21 in this picture. >> is that the coky actor period? >> yes. >> thanks, guys. >> last month sorkin dlifrped the commencement address at syracuse university. >> i wish i could tell you there was a trick to avoiding the screw-ups, but the screw-ups, they are a coming for you. >> the screw-ups came for him in the late 90s, a dark secret. he was addicted to cocaine, culminating in an arrest in 2001 at the california airport. sorkin pled guilty and sentenced to two years probation and court ordered rehab. >> when i was arrested, it felt like we were drawing back the curtain on the guy who is writing these things is a crack addict. >> do you think you were especially susceptible to it? what was the appeal? >> it just made me feel like everything i was writing was aweso

call me jim's kid. >> wait until jim's kid is 18, bill. >> sure, if we have to say that. >> we do have to say that. just to be safe. >>> do you have a comment on the show if you are jim's kid, e-mail us at red eye at fox news.com. if jim's kid feels offended e-mail me personally and we will discuss this. i will see if there are certain things we can do to bill to punish him. or call 212-462-5050. still to come, the half time report from andy levy. >> tonight's half time report is sponsored by shin kicking. the combat sport where two contestants kick each other in the shin to force each other to the ground. thanks, shin kicking. >>> welcome back. let's see if we got anything wrong so far. for that we go to andy levy. how are you doing this. >> good, greg. >> i'm here. >> did you have a good vacation? >> you know, i got injured. >> we went down a water slide. it was a very, very tricky water slide. i bounce owed my butt. >> oh no. i -- >> i have a sliped disk and went on a jetski. >> okay. >> and then after that i really hurt myself. >> sounds like a blast. and then i went and lied on th

al in new jersey, please. >> caller: hey, jim. a big double boo-yah from summit, new jersey, a high school grad. and a big jersey shore boo-yah to you. >> a hill topper, softball, hardball, baseball, everything we love in new jersey boo-yah back at you. >> caller: back at you, buddy. just to let you know, love your show. been watching now for a couple of years. i think you put out a fantastic amount of information and your insight, every day i'm learning something, every time we watch you. >> thank you, buddy. thank you very much. we'll have to knock back a few at ocean grove. of course it doesn't -- it's a dry town. >> caller: just to let you know, i own three of your books and i even bought for my step-daughters for their family planning. i thought it was so good. >> thank you. that's terrific. >> caller: you ready for me? are we diversified? >> born ready. go ahead. >> caller: exxon. verizon. southern company, so. dupont, dd. pepsi, pep. >> boy, those are really kind words. i got up today quarter to 4:00 thinking what a long da

now, jim had a lot of fun. one of the things i remember most, the night that i got elected, he was in such shock he had to go down to the election commission at 2:00 to make sure it was right because he was just -- it was like, what have we done to our lives, you know. and he had a very good friend dick tucker who was a journalist from the rocky mountain news. they decided to sit down and write an article about jim, like you might write about the normal kand date's wife in that type -- the sparkling blue eyed brunette in his navy blue blazer and they thought they were so funny. and the rocky mountain news carried and our phone started ringing off the walls the next day. we will not have them treat jim that way. we kept saying, think about what you just said, every single woman has had that story written about them. and actually when i announced, never forget the newspapers said, denver housewife announces for congress -- wouldn't even put my name, could have said housewife schroeder. i was a lawyer but i was a

. >> back here again at 5:00 for >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going out of business. he's nuts. they're nuts. they know nothing. >> i like to say there is a bull market somewhere. >> mad money, you can't afford to miss it. >> hey, i'm cramer. welcome to mad money. welcome to cramerica. other people want to make friends. i'm trying to save you money. my job isn't just to entertain but to educate and teach. call me at 1-800-743-cnbc. we are blessed with not one but two eyes. two of them. on days like today where the dow slipped 25 points, s&p edged up .4% and the nasdaq gained .78% we have to remember to use both of our eyes. why am i starting the show with this manic anatomical lesson? pretty simple. right now we keep hearing all eyes are on greece. yesterday's election or all eyes are on spain, spanish tenure yielding 7% where countries are having trouble paying bills. all eyes are on germany. i disagree with all this nonsense. i'm not a foreign correspondent, not a professor of g

. >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going out of business. he's nuts. they're nuts. they know nothing. >> i like to say there is a bull market somewhere. >> mad money, you can't afford to miss it. >>> hey, i'm cramer. welcome to mad money. welcome to cramerica. if you want to make friends, i'm trying to save you money. other people want to make friends. i'm just trying to save yo money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. when the stock market runs and rupps and runs in anticipation of good news and then you get the news and it's good, but not better than good, the market sells off like it did today. with the dow sinking 13 points, nasdaq edging up .02, think about it. for days and days we have been rallying on the possibility europe may try to start growing not just cutting back and that the federal reserve will aid the effort by keeping interest rates low. when ben bernanke says he'll keep rates low right after eu

then you move from jim crow, senior in this out to jim crow in the north moving you down. not legally is but it's still jim crow to read where you live, lining up banks and so forth. what do black people do? be careful don't push a. we are blues people. we look eight catastrophe street in the face and say like b.b. king i've got style, i've got a smile, i forgot love in my soul and i'm not going to allow those folks to steal it from me, but i'm not as free as i want to be. [laughter] i'm going to sing a song nobody loves me like my mom and she might be jiving, too. it's very hopeful in the way he says it. >> the challenge right now is we have a younger generation who is more and more either selling too much of their soul for anybody up for sale so all they want is just the benjamins, all they want is just money. your grandmother is weeping from the grave, she wants you to be great, she doesn't want you to be just financially successful. she wants you to learn how to love and fight for justice and the courageous and in a man and a woman don't just tell us how well you are d

amber. [ jim ] b, balance. sam adams has malt sweetness, hoppy bitterness. [ jim ] c, complexity. pine notes, grapefruit notes. only believe your own pallet. go taste them. ball. ball. [ crack of bat ] [ male announcer ] hanging out with cal has its benefits... so does taking one a day men's. go to stayinthegame.com to enter for a chance to meet me and watch the 2013 mlb all star game. >>> over the last few months, investors learned they just don't have the stomach for the volatility ruling the market of late. boy, they just panicked. last two days alone have seen swings of 1% in either direction. to cure the nauseous feeling you may have on some days, remember when picking stocks the importance of doing your homework. focus on the fundamentals and make sure your eggs aren't in one basket. that's why we play am i diversified? you call or tweet me @jimcramer. i do the earliest tweet there is. tell me your top five and i tell you if you're diversified. let's start with @tpj99. he tweets, long time listener, first time tweeter. a big l.a. bah, bah, bah, boo-yah! am i diversified? jnj

wha e >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> mad money, you can't afford to miss it. >>> hey, i'm cramer. welcome to mad money. welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job isn't just to entertain buto teach you. especially on a tough day like today. call me at 1-800-743-cnbc. most of the time i come out here, tell you why the stock market soared or got hammered and how i think that you can profit from it. usually these moves -- >> just a second. they make a degree of sense. sometimes they are so breathtakingly crazy, like today when the dow plummeted 250 points. s&p nosedived 2.3%. and the nasdaq sank 2.44%. i've got to pause with wonder and marvel at how counterintuitive the stock market must seem at home to you. i want to start with a query that put today's action

robert from missouri. >> caller: hi, jim. i would like your opinion on health management associates. >> i don't like the hospital plays before or after obamacare, up or down. no. let's go to claude in virginia, please. >> caller: hey, mr. cramer. i'm a new yorker living in virginia beach. >> what's going on? >> caller: my ticker symbol is allt. >> breakout stocks nailed this one for us lower. i feel though it's good i like taking a little profit. let the rest run. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. ♪ >>> what? i don't know what that is. usually these moves -- [ bleep ]. we are blessed with not one but two eyes. two of them. [ bleep ]. just a second. [ bleep ]. do i have time for a nap? >> hey, jim cramer. this is diane in cleveland, tennessee. i have supper with you every night at 6:00. >> suffered me? >> yeah. >> got maytag, whirlpool. i'll go down and make washing machines. >> caller: we have volkswagen and amazon. >> o

lorette. >> caller: hey, jim. thank you. i'm learning so much from the show and the action alert e-mails. >> you're kind. that's the charitable trust stephanie link and i run. what's up? >> caller: i would love to hear your recommendation on how to diversify. these are my top five holdings. exxon, boeing, united tech, royal dutch shell and bp. >> let's go to work here. united technologies, 11% dividend boost after the close. i like that. boeing. united tech makes engines but they are diversified and i'm okay. boeing had a good presentation the other day. aircraft. exxon, largest oil company. uh-oh. i have one, two, three. jooint oil companies. bp and shell. royal dutch. i'm going to keep royal dutch. i like the yield. get rid of exxon and add a health care company. why not j & j? i just praised it. let's be consistent. and get rid of bp. we'll go into something like con-ed which we praised. con ed, jnj. lose a little bit of the yield but you pick up on the diversification. ♪ hallelujah >> now to avi in new york. >> caller:

now, jim had a lot of fun. one of the things i remember most was the night that i got elected, he was in such shock, he had to go down to the election commission at 2:00 to make sure it was right. because he was just -- it was like, oh, what have we done to our lives? he had a very good friend, dick tucker, who was a journalist from "the rocky mountain news." they decided to have some fun. they sat down and wrote an article about jim like you might write about the normal candidate's wife in that time. the sparkling blue-eyed brunette in his navy-blue blazer. and they thought they were so funny. and "the rocky mountain news" carried it and our phone started ringing off the wall the next day, people saying, we will not have them treat jim that way. we kept saying, think about what you just said. every single woman hassed that that story written about them. and actually, when i announced, they will never forget the newspaper said, "denver housewife announces for congress." they wouldn't even put my name. they coul

but jim says that's not the point. what he wants his actors, his students, even his audiences to take away from a jim dunn experience is a life lesson. tackle life the way he tackles a show and you'll keep getting called back for encores. >> i think you've got to take chances. sometimes they don't work out, but if you don't take a chance, nothing is going to work out for you. >> i should say he's not retiring, he's just stepping down as artistic director, slowing down a little bit. the other thing, after spending the time in the edit booth with that, i'm going to be singing "76 trombones" for the next week. >> thanks so much, garvin. >>> let's bring in jeff ranieri. a little singing and dancing but a lot going on in the bay area. >> sunny san francisco here throughout today and a lot hotter by this upcoming weekend. right now the fog that we had over the past 36 hours is now getting scoured out and pushing well off to the south in central and southern california. in response to that we had a warmer day. one of the warm

amber. [ jim ] b, balance. sam adams has malt sweetness, hoppy bitterness. [ jim ] c, complexity. pine notes, grapefruit notes. only believe your own pallet. go taste them. on my journey across america, i found new ways to tell people about saving money. this is bobby. say hello bobby. hello bobby. do you know you could save hundreds on car insurance over the phone, online or at your local geico office? tell us bobby, what would you do with all those savings? hire a better ventriloquist. your lips are moving. geico®. fifteen minutes could save you fifteen percent or more on car insurance. >>> it is time, it is time for the lightning round! >> buy, buy, buy, buy, buy. >> then the lightning round is over. are you ready? we'll start with mike in california. >> caller: jim, this is mike from california. halfway between the sierras and the ocean, boo-yah to you from northern california. >> beautiful redlands, boo-yah back at you. >> caller: my question is with world economy falling the price of crude has dropped to the low 80s. shares of royal dutch shell have dropped 20% also. is thi

warren. >> hello, jim. a big louisiana boo-yah to you, and many, many mores. >> i'm going to give you a tulane boo-yah back at you. >> caller: i'm calling to discuss the stock inner digital corporation, idcc. >> steve miller is right. i want you to take the money on that gain and run. $6. we're not playing through that drama anymore. charlie in florida. charlie. >> caller: boo-yah, jim. calling from beautiful florida. >> man, fantastic. >> caller: i'm a first-time caller, long-time listener and my stock today is tipco. >> it has been acting badly. we heard good things about the cloud from oracle tonight. at that point, you know what? we are going to ring the register because we're tired of getting beat up. it's too inconsistent a stock even if the company generates consistent returns. now ladies and gentlemen is the conclusion of the lightning round! >> the lightning round is sponsored by td ameritrade. [ male announcer ] this is rudy. his morning starts with arthritis pain. and two pills. afternoon's overh

>>> i'm jim cramer and welcome to my world. you need to get in the game. >> firms are going to go out of business and he's nuts. they're nuts. they know nothing. i always like to say there's a bull market somewhere. >> "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i just want fewer days like today. my job isn't just to entertain but to teach and coach you, so call me at 800-743-cnbc. when you get news that you expect, it isn't really news. that's how the market chose to interpret the reports this weekend that spain's banks are getting a $125 billion bailout. but the dow sinking 146 points. s&p up 1.26% and the nasdaq plummeting 1.7%. didn't start that way. the dow opened on the belief that the spanish banks -- the save might benefit stocks here. something that seemed to be the case when we had a look at s&p futures sunday night which indicated a surge of a full percent. when the stock market opened. but it didn't last. didn't last for

jim. >> caller: boo-yah jim from spectacular jackson hole. i've been a action alert subscriber for a couple of years now. i'd like to thank you, stephanie link and your entire team. >> i speak with stephanie 47 to 62 times a day. what's up? >> caller: i calmed on may 30th about wolverine worldwide, and you had positive things to say about the stock. at that time the stock was trading about 42 1/2 and it's come down over 10% since then. nike has come down about 6% over the same period. is wolverine stock price unduelly hurt by the european activities in the stronger dollar, and meets your medium term outlook for the stock? >> i think there's a worry there and the shoe business has cooled off. designer show warehouse reported a not great number. i think wolverine is a good story. i recognize it had a good multi-year run but it's in good shape. i say stay with the www.. how about deniece in new york. denice. >> caller: hi, jim. we're saving up for our kids approaching college. we want to say thanks for your sound advice in navigating the stormy

so jim had to drop out. it kind of blew up thehole law firm because the other lawrtner wife had these damn horses that were winning. tweety did say to me that the difference between a horse race and a political race was in a horse race, the whole horse ran. he was a republican. yeah. so he had all these partners who were democrats running out there. so what could he do? poor dear thing. so i end up running against mckovitt. we had reapportionment, and they had made these districts hopefully as safe as possible for them. and we had an ugly primary and stuff. and i really neverght i'd win, or i probab woun't ha run. but everybody kept saying, jim was on the committee looking for someone to run, and everybody they went to said, are you kidding? mcgovern's running that year, and he doesn't have coattails. he's wearing a bikini, which was true. so he kind of came and said, you know, just do it. we'll tell the kids what you did when you get older. yeah. well, the re is history. we ended up winning, as you well kno

jim. >> caller: boo-yah jim from spectacular jackson hole. i've been a action alert subscriber for a couple of years now. i'd like to thank you, stephanie link and your entire team. >> i speak with stephanie 47 to 62 times a day. what's up? >> caller: i called on may 30th about wolverine worldwide, and you had positive things to say about the stock. at that time the stock was trading about 42 1/2 and it's come down over 10% since then. nike has come down about 6% over the same period. is wolverine stock price unduelly hurt by the european activities in the stronger dollar, and meets your medium term outlook for the stock? >> i think there's a worry there and the shoe business has cooled off. designer show warehouse reported a not great number. i think wolverine is a good story. i recognize it had a good multi-year run but it's in good shape. i say stay with the www. how about denise in new york. denise. >> caller: hi, jim. we're saving up for our kids approaching college. we want to say thanks for your sound advice in navigating the stormy se

"mad >>> i'm jim cramer. welcome to my world. you need to get in the game. >> firm wills go out of business. he's nuts. they know nothing. >> "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. my job isn't just to entertain but to teach and coach you. call me at 800-743-cnbc. when you get news that you expect it isn't really news. that's how the market chose to interpret the reports this weekend that spain's banks are getting a bailout. but the dow sinking 146 points. s&p up 1.26% and the nasdaq plummeting ining 1.7%. didn't start that way. the dow opened on the belief that the spanish banks -- the save might benefit stocks here. something that seemed to be the case when we had a look at a s&p futures sunday night which indicated a surge of a full percent. when the stock market opened. but it didn't last. didn't last for reasons as myriad as the upcoming worries about the elections in greece. plus a sense that the bailout, while large, doesn'

amber. [ jim ] b, balance. sam adams has malt sweetness, hoppy bitterness. [ jim ] c, complexity. pine notes, grapefruit notes. only believe your own pallet. go taste them. ball. ball. [ crack of bat ] [ male announcer ] hanging out with cal has its benefits... so does taking one a day men's. go to stayinthegame.com to enter for a chance to meet me and watch the 2013 mlb all star game. and on the go... ...with some really big news. it's b-i-g, big. high speed internet from at&t at home... includes wi-fi access on the go -- whoo-hoo! it's an unbelievable deal. it's an unbelievable deal. [ both chuckle ] well, gotta go! but, wait, there's more! [ female announcer ] go to the website below today and get high speed internet for the unbelievably low price of just $14.95 a month for 12 months with a 1-year price guarantee. it's all the speed you need at a great price. you can chill online at a park. here, pigie, pigie. [ pigeon coos ] and surf the web at your favorite bookstore. our internet at home includes access to the entire national at&t wi-fi hot spot network on the go. [ female a

bart. >> caller: hey, jim. cmi, what's the story? >> i think the quarter's going to be not good enough to be able to move the stock. the stock is in a 2011-like freefall. hans in california. >> caller: yes, cramer. three, four years ago you did something on the swiss technology company abb limited. >> yes. >> caller: i bought it then it's europe. it's europe. i will touch nothing in europe. nothing. joe in texas. joe? >> caller: hey, big boo-yah to you, jim, from beautiful san marcus, texas. bhp billington. a few months ago, i was watching the program, you hit the bullish button on that. it's kind of sunk down, i don't know -- >> chinese collapse. it's a chinese play and china's collapsed. would i sell it here? oh, man. it's like freeport, like the rest of them. i don't know, bhp is down so much, it yields 3.6. i think 4% is where these stocks are starting to bottom but nothing yet. okay. let's go to steve in california. steve? >> caller: prudential, jim. pru. >> i can't believe how low this stock has fallen. the quarter wasn't that

>> caller: hey, how you doing today, jim? >> well, a little distracted by some of the people over there who are doing some stuff. >> caller: from long island new york. >> oh, long island! i was there last weekend. fabulous. what's going on? >> caller: not too much. just bought some real estate and i just wanted to find out how roth i.r.a. investment beverage corp for speculation and berkshire hathaway. >> the speculation i'm not sure about, but berkshire hathaway it's a good stock but you got to hold it long term and it is worth more than what the stock is selling for. that ladies and gentlemen, is the conclusion of the lightning round! [ buzzer ] >> the lightning round is sponsored by td ameritrade. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering, web-based

>> jim, we could not be better. by the way, jim, somebody else is here from that same commencement speech. they just wanted to say hey, too. there he is right there. he sell he remembers one thing. >> what? >> the one thing i remember is you advising you don't be a go-fer. >> reporter: he remembered the talk. a little trophiy earlier, john, the big winner, an there's the loser. it's unfortunate. there always has to be at least one loser. >>> a look at the next seven days, guys, couldn't be better if you have a graduation that jim is going to be speaking at our whatever. temperatures into the low 80s. by next week, however, temperatures will get into the low to mid 90s. that's it for montgomery village. good-bye, everybody. thank you, guys, for having us here today. >> thanks, doug. thanks to all the grads. >>> christopher anderson is 15 years old, lives near wilmington, north carolina. last weekend he went out driving for the first time with his brand-new lerner's permit and his moment. suddenly they were being trac

welcome back to "mad money." >> thank you, jim. thanks for having me. >> i think a lot of people have been trying to figure this out. how much of what's going on at joy is cyclical? you get cold weather, a pickup in the world economies and things snap back. how much of it is secular. too many people are phasing out coal. that's an important product line for you. >> if i can answer that question in two different market segments in the u.s. we have seen a pretty significant decline in coal burn and a significant decline in electric power generation. we believe the demand for coal is switching to gas because gas prices are low. we think that's temporary. under current conditions we'll see a hundred to 110 million tons of coal production come off line in the u.s. we see most of it come off line. we think there's been an adjustment from a production standpoint. most of the excess power generating capacity in coal fired units. as the economy recovers, weather patterns go back to normal we'll see more coal burn than gas burn because of av

>>> i'm jim cramer and welcome to my world. you need to get in the game. >> firms are going to go out of business. they're nuts. he's nuts. they know nothing. >> "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. just trying to save you a little money. my job isn't just to entertain but to educate you. call me at 800-743-cnbc. okay. listen to me. there's a brand new undercurrent sweeping through corporate america. it's beginning to drive a ton of stocks higher including many of the ones that rallied today where the dow climbed 176 points. nasdaq advanced .63%. we got a blind rumor this afternoon, as we seem to every day. this time stocks moved sharply higher in what seemed like a nanosecond. the unverified bit of so-called news, a simple headline that said central bankers all around the world are prepared to take coordinated action after the greek election on sunday. the presumption is something awful for the euro may happen after the elect

. >>> i'm jim cramer. welcome to my world. you need to get in the game. >> firms are going to go out of business. they're nuts. he's nuts. they know nothing. >> "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. just trying to save you a little money. my job isn't just to entertain but to educate you. call me at 800-743-cnbc. okay. listen to me. there's a brand new undercurrent sweeping through corporate america. it's beginning to drive a ton of stocks higher including many of the ones that rallied today where the dow climbed. nasdaq advanced .63%. we got a blind rumor this afternoon, as we seem to every day. this time stocks moved sharply higher in what seemed like a nanosecond. the unverified bit of so-called news a headline that said central bankers around the world are prepared to take coordinated action after the greek election on sunday. the presumption is something awful for the euro may happen after the election. central bankers ar