Got slammed today with the dow plunging 92 points and the s p sinking 7. 28 and lets go through the biggest episodes of the day to explain this twosided theory and the side that we weighed on the market and the side that we ought to consider. First, theres oil. Right now were at the bottom several times before. Exxon, chevron and royal dutch were negative about the oil markets when they reported last week. Of course i find this somewhat ironic considering that they were positive all of the way down. In fact id say these big integrated oils were depending on a vshaped recovery and a ushaped recovery and now no recovery at all. Normally i would say lets go the other way and be contrarian because if they were way apart, why should i trust them now . Given that they spoke last week theyre taking it pretty seriously and not only that but iran came out and said the moment the sanks are lifted theyll immediately increase output by 500,000 barrels and add another million per day in a month and thats pretty bearish per crude although i question the size of the glut when you think about the rapid depletion rates of the very shallow shale wells that david talked about from core labs last week and the huge amount of oil were importing still. Nevertheless, i get it. Both oil and oil stocks i can see they were headed down. You can, too. Dow jones industrial average goes down more than 70 of the time in sync with oil when it goes down that day, but should we really fret about that . Does that correlation make sense longer term . Remember, most Companies Benefit from cheaper oil and most consumers benefit from cheaper oil. The airlines restaurants and retailers are all acting better than the overall market right now just as they did the last time crude was at these levels and the transport, one of the most important indices are flying today. No doubt in my mind that lower gasoline is a victory for consumers and the s p 500, i think ill check out my look at the s p and its a major positive for 30 of it and given that we have been getting good readings and hearing good things about the economy even from the texas area. I say the other side of the coin is a resounding positive for the market. I dont find this dow shortterm positive. After a day like today, lets look at the other side of the coin and the second hidden positive and the collapse hidden positive. What am i talking about . We know the manufacturing numbers are released out of china and who knows how horrible the real lovers are and thats terrible for the commodity companies. We know that the chinese stock markets going lower again. Even the Chinese Community cant pop up a market forever although they are far more slowly than it otherwise would and we viewed the chinas stock market as a proxy for the Chinese Consumer. Thats why the stocks of the Auto Companies dont go up on fabulous u. S. Sales like we have from gm and ford and they dont do much business in china and thats why the cohorts stay under pressure at jim cramer i was asked repeatedly why that is and if the Chinese Consumer is hurting and its presumed they wont buy small watches and fancy cars and iphones. I believe tim cook is telling you sales arent slow in china. There are people taking issue with that saying the great migration that cook talked about on the Conference Call has finally hit a wall. That means these stocks will stay under pressure. I own apple, dont trade it okay . I also believe china is in terrible enough shape, terrible enough shape that we might not get a fed tightening in september because of it. Thats the flip side and frankly, thats fantastic news for many stocks as Hedge Fund Managers want to short everything ahead of that fed meeting when they raise rates, tempting as it is might not be tempted to do so way on the markets as you would have expected in a narrow and thin august considering how just absolutely berift of trading the markets are in august the shorts could have done real damage after being reined in that it would make the fed balk at raising rates. Sure, we dont want to see china fall off the cliff and we would have contagion in other emerging markets and that always happens and it will happen again. Right now when you consider that our country doesnt export Raw Materials to china, there is pressure. The president drove one more nail into coals coffin and thats been a viable export for the country, but coals gone over there, too, and it shouldnt be a surprise to anyone right now. Its very good news for everyone from the consumer packaged companies which use a huge amount of oil and gas to package it and always fantastic for the overall stock market. Finally, theres europe. The greek market finally opened today for the first time in ages and it freaked out a lot of people to see the banks down 25 and nor is it that positive to see a depressionlevel pmi from greece not that we should expect it to be any better and the eurozone factor was quite strong in july 52. 4 beating a 52. 2 estimate and it wasnt just germany, netherlands, spain, austria, italy italy, they were all very good. Frankly, thats huge. Once europe put the greek crisis behind it it receded and 11 Million People became a localized nightmare very quickly and it was aided by cheaper oil you could have 170 Million People doing better which can offset the 1. 3 Million People in china which are presumably doing worse. Europes very important to our companys earnings. Were now beginning to hear from the companies that europes going from a headwind to a tailwind thanks to mario drag draggy and the central banker and will the dollar stop ever getting so freakin strong . We could soon get decent year over year comparisons for u. S. Based International Companies in six months. European markets rallied in good numbers and people are figuring out for the moment theyre starting to feel like a loss for america. It may cut down the manufacturers and some of the goods meant for consumer and if we see the commodities go lower and the commodities get weaker and we could see clorox today up more than 3 where the raw goods are going in the right direction. Can you believe people sold that in the morning . Thank heavens i said something on the mad dash saying come on stop selling clorox. You can bet that delta andsxand southwest going higher and thats terrific for the solong, longdated assets like biotechs almost all of which outper remember formed the anke like the stock of macys letter m, which is now almost back to where it was before star board values jeff smith told participants at cnbcs conference when david and i were interviewing him that the company was open minded but going private. These are the opportunities you need to look to. Macys being knocked down by something thats good for macys. I know the coin seems onesided. Oils precipitous slide, and some are going to go bust. Nobody likes to see the stocks of exxon and chevron get bumbled. Chinas numbers are so weak and you have to wonder if the communist party has lost control of things. Theyve all had decent moves, but the bottom line is that before we decide the world is ending because of the collapse of commodities or the crash in greece or the terrible action in china remember that there is another side of that coin that might come in handy. Lets go to craig in arizona. Craig . Caller booyah, padre jim. Booyah whats up . Caller my question is in regard to edison have they tried to do too much too fast ahead of earnings here . I think whats happened is that people in the end when oil really breaks through and it just plummets like it has people just say oh solar, sell. The president was like mr. Solar today and it didnt matter. It was like, solar, sell. You cant fight it. Lets go to steve in pennsylvania. Steve . Caller hi, jim. This is steve in hershey, pennsylvania. I love hershey, whats going on . Not a lot. Long time listener firsttime caller. Thank you. Caller i value your advice and youve helped me tremendously in growing my portfolio each year. Thank you. Thank you so much. Caller im calling you about at t. Now that theyve been given the green light to acquire directv, do you think its a buy, hold or sell . I said it to david faber, i really like this acquisition that they made. It gives them better cash flow and makes me feel better about the dividend so yes, at t i think is good here. Mark in louisiana. Mark . Caller jim big louisiana booyah. Im going there in two weeks. Booyah. Whats up . Caller i was calling to ask you what do you think about the ups acquiring Coyote Logistics for 1. 8 billion . Didnt need ups to do anything frankly because the last quarter was good, and boy, ill tell you something you know how powerful that ups story is . When the market was at its most hideous today that thing didnt even blink. Ups has a really good feel as do southwest air, as does delta. Thats the group thats the leadership group. I never get negative when thats our leadership group. I know the coin seems very onesided on days like today and thats precisely that you need to remember that there are always two sides to every piece of market data and the other side comes in handy when people put their thinking cap on. Mad money tonight, take it to the next level with a stock thats up 20 this year. Will the slowdown from china take imax off the alist . Ill talk to the ceo and the petfood game is on fire and they keep shelling out big bucks for their furry friend but what name makes the best catch . I call out the fed for hundreding nothing and today i have a new message for the central bank. Stick with cramer. There may be two sides to every market but cramer only has one take from china to iran to right here at home hes following the moneys every move. His final thoughts before tomorrows trade coming up on last minute mad. 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. 40 of the streetlights in detroit, at one point, did not work. You had some blocks and you had major thoroughfares and corridors that were just totally pitch black. Those things had to change. We wanted to restore our lighting system in the city. You can have the greatest dreams in the world, but unless you can finance those dreams, it doesnt happen. At the time that the bankruptcy filing was done, nk. Citi did not run away from the table like some other bankers did. Citi had the strength to help us go to the credit markets and raise the money. Its a brighter day in detroit. People can see better when theyre out doing their tasks, young people are moving back in town the kids are feeling safer while they walk to school. And folks are making investments and the community is moving forward. 40 of the lights were out, but theyre not out for long. Theyre coming back. Now that we made it through most of hollywoods blockbuster season and what a season it was, and i think its the perfect chance to check out the Imax Corporation and people love to go to see the biggest, most explosive actions as i saw jurassic in it. Imax screens are running on 163 theaters across 63 countries and there is a backlog for installing new ones. We last heard from the ceo in june of 2013. Since then the stock has given us a terrific 40 gain and we love the stock. However, i suddenly hit a wall a month and a half ago and the stock is down 15 off its highs and its in part due to newfound weakness in china or at least people think it is because it now counts for a substantial part of the business and an even larger part of the International Growth strategy still the stock has been defended by multiple analysts and the company delivered a solid quarter, 35 clip year over year and this companys been around and the Global Box Office is up 60 . The Company Raised its new year full installation guidance and theyre opening new theaters this year and imax seems to be uniquely tied to china and they have 239 theater in the peoples republic and theyre taking it to the hong kong stock market and difficult to talk about with the registration and it was originally scheduled for this quarter and the chinese stock market you have to wonder about the deals fate. I think this chinese exposure is why imax is six points off its highs especially with the u. S. Box office has been incredibly strong during this period. Should we be concerned and should we be looking at it as a bargain now and the ceo of Imax Corporation. Mr. Gelman welcome back to mad money. Good to be here. There are several metrics you should look at and not just where the screens are, but the movies and the box office and the opportunity, so let me just trace out how your International Story with tremendous box office opportunities. Great. Yeah. So imax is in 65 countries around the world. Its not that hard to measure. We grow our network, by i dont know 110 to 125 theaters a year. We put films through the existing network and the new theaters that we built and revenues go up and hopefully earnings go up and ebitda goes up and the stock price goes up and thats whats been going on for a number of years. But its an ecosystem, though. People dont understand theyre not just theaters. Its more than that. Oh it is an ecosystem and its become more and more so. So when imax years ago we had to beg people the studios and filmmakers to release their films in imax and then phase two was we increased the box office. We brought in incremental audiences. We got more publicity around the movie and now lots of people wanted to do their movies in imax and all of a sudden in the latest iteration weve become much more integrated in the making of the movet and marketing of the movie and the release of the movie. So the next two avengers movies will be shot in their entirety with imax cameras and theyll be released with other theaters and theyll really be focused on the imax release windows. Star wars j. J. Used the imax cameras and its relevant because this Weekend Mission impossible 5 opened and weve been integrating in the marketing and the distribution for months. So i sat in on a dinner with tom cruise and had to integrate things. We turned the vienna opera house into an imax theater and showed it that was the World Premiere there where tom talked all about the value of imax and this weekend in the u. S. We did over 15 of the u. S. Box office so we are part of an ecosystem with filmmakers and with stars, with studios and thats the glue that makes imax special for audiencees. Im glad you brought that background because im going to show you a chart that indicates that some people some hedge funds, perhaps, are trading your stock as if its just a proxy of shanghai and maybe we can just show it trades almost one for one and is that a correct impression of the company . Well, not at all really. First of all the ipo that were doing of our China Business is on the Hong Kong Exchange not the Shanghai Exchange so its a less volatile exchange so the highs in hong kong were never the highs of shanghai and the lows arent the lows. So even if you wanted to make that play its not the right comparison. Second of all, china is less than a third of our business and as you know with mi4 and this year has been a fantastic year with movies like fast and furious jurassic world, bond star wars and other movies the walk about the guy who walked across the World Trade Center by zemekis everest and its one of the best box office years in history it will end up being and china is distracted and it is much more of an opportunity than it is a risk. When i saw the chart i said to myself if they didnt break out china the stock would be trading on all of these things and you have vienna to start, i would expect it to spike today, about you because of the chinese thing people say it doesnt matter. You never know. I think years ago when we started in china about 15 years ago and when we first went there one of my shareholders of my hedge fund said to me i count china as a negative. When you do a deal in china it makes the company less valuable but our growth in chinaa our positioning has helped our stock price and were caught in a shortterm trading pattern and over time the value is there one way or another. They had this blackout period for hollywood where they dont show hollywood movies its a communist party, but the chinese movies are doing well. Yeah. As a matter of fact, we started doing chinese movies in imax about five years ago, and theyre not household names. People arent comparing, you know, star wars to a movie they havent heard of but were doing a film called monster hunt which is my guess, your family didnt wake up this weekend and say i want to see monster hunt and the Opening Weekend was the biggest opening ever for a chinese movie and weve done north of 20 million in less than two weeks and its less of an ecosystem to the point you made earlier, but people in the west arent familiar to it. It would be impossible to tie it in netflix. You could arent do an imax movie that would go into netflix . Weve had discussions like that and weve talked to them about things like that and the whole issue of windowing, as you know, is very complicated and very interesting, and frankly, i think it will change rapidly over the next couple of years. I think if you run an Entertainment Company you have to be open to how windows will roll out, but imax really shows blockbuster movies in the best out of home way possible. So for now, were very tied to the release patterns and were very tied to the studio the way they released these blockbusters. Im glad you clarified that. Youll see the number of blockbusters or perceived blockbusters that could happen is extraordinary and its a big trajectory and probably the better trajectory than the shanghai stock market and thats the ceo of Imax Corporation and a big winner for people who watch the show. More mad money after the break. Food fight . Fresh pet and wall street newcomer blue buffalo are fighting it out to be fidos favorite chow. Which will keep your pet and your portfolio satisfied . Cramers on the case in this choppy market were always looking for longterm themes that can transcend whatever is going wrong overseas, greece or a Federal Reserve rate hike that will consume most of the brainpower for the foreseeable future. Thats why for years now ive been pushing the organic and natural food stocks because people in this country are becoming increasingly Health Conscious and more concerned about what goes into their food and not to mention how its produced and you have to believe that the same people will eat natural and organic food themselves will make sure their pets are on a similar diet. They seem to love their pets more than they love their children. Dogs give you unconditional love and cats are low maintenance and nothing you bring from a pet store ever talks back let alone asks you for more money, yet we live in a world where pet owners will pay anything to ensure the animals are getting their best and its no surprise that pet food sales increase by 62 between 2004 and 2014 and thats a 4 annual growth rate making this one of the fastestgrowing Consumer Product categories out there and they have two fresh pet ipos. Fresh pet and blue buffalo. Now that youve got two choices as a way to play the healthy pet theme, we have to ask yourselves, how does fresh pet and blue buffalo stack up against each other, titanic, claynation death match . Frpt came public at 15 and rocketed to 9. 15 the first day of trading and since then fresh pet has gone out of style on the wall street fashion show. In part because of a lockup on Insider Selling in early may and the stock trading now to 16. 43 as of today. There was always a huge secondary. Fresh pet has carved out a cool little niche for itself and you store it in your fridge at home. Basically freshpet is all about giving your dog an alternative to gross canned food. It has 14,000 grocery and pet stores and they have 25,000 locations and some people are expanding within the existing Customer Base which includes some major supermarket change and that gives freshpet an enormous runway for continued growth and then theres buff blue buffalo which came public just a week and a half ago and many of you have asked me about it and it went to 20. 20 on the first day of trading and it was like a tech stock. The stock inching up 28. 20 as of today. They take a different approach and this company is the number one brand the in the wholesome pet food category and its made with all Natural Ingredients and whole meat Fruits Veggies in an industry thats dominated by large players. The company has 6 market share in the overall pet food business out of nowhere and unlike freshpet, you cant find their merchandise in the supermarket. Blue buffalo is sold by the Specialty Stores that we shop at for our dogs and pet store chains feed store, veterinary clinics and online retailers and special guys and even so their product is currently available in over 25,000 stores and roughly 20,000 vet clinics and would you own fresh pet or blue buffalo . Theyre a little confusing. Lets go through Revenue Growth. In the First Quarter fresh pet delivered 40 Revenue Growth an accept raising from the 35 growth it posted the year before and the 38 growth it had the previous quarter. Blue buffalo on the other hand has seen sales growth decline rather dramatically from 38 in the First Quarter of 2014 down to 22 in the Fourth Quarter and then down to just 10 in the First Quarter of 2014 and fresh pet is more of a pure growth story and on the other hand fresh pet is not profitable and blue buffalo had a solid 30 Earnings Growth and poised to improve the bottom line so a valuation . Fresh pet, we cant really judge it using tradition traditional price to ernarnings. We need to analyze the two stocks. Right now fresh pet trades at four times 4. 8 times the 2015 Sales Estimates in absolute terms its far from cheap, but its about what you expect for a company with 40 growth. As for blue buffalo there arent firm estimates out there yet. The company just came public but based on the back of the envelope arithmetic it is trading between 5 and 5. 5 times sales which is a premium where fresh pets selling given the slowing sales of buff. The price to earnings multiple, it is trading 32 to 34 times next years earnings estimates and thats quite pricey. I dont know if it can be sustained given the company is not growing like it did. Tall order especially since the companys earnings were basically flat in the First Quarter and thats going to matter. No question that blue buffalo is a more expensive stock at these levels at least as a function of Revenue Growth but maybe earnings, too. Still, its worth pointing out that the earnings become public and its worth pointing out that fresh pet is so much cheaper because the stocks been eviscerated over the past few months and down 36 from the april highs of 25 and change and in late april when it was trading at 22. The company did a big 5. 3 million secondary offering for existing shareholders and the secondary price of 21. 47 and two days later it marked the psychological peak for the stock and that left a nasty pet food taste in the mouths of holders and potential buyers and the Company Reported a quarter, considering it less than stellar including a larger than expected loss and a weaker than expected fouryear revenue forecast. You really cant afford to report a quarter thats less than perfect. While the estimates are lower, making it easier for the company to deliver an upside surprise and it can present a clear path to profitability and the stock will continue to slide lower and this one has to start showing some profit. Beyond all those number ive got to tell you something and there is at qualitative aspect and i think this really matters as to which do people and their pets like better. Fresh pet had pretty negative press since may and that was when mold was found in products after consumers posted it on social media. You know it goes viral. Once you open the stuff, the wife says it can stink up the fridge. One time i admittedly almost made a sandwich out of the stuff and that could be a stomach setback. Neither bug or everest tada, its your left, seems all that crazy about the stuff and they not us are in the end the ultimate judges of the situation. Aside from all that though the reviews from pet owners online tend to be positive about fresh pet. With blue buffalo, you see a lot of complaints about pets getting stick and looser stool and im not getting any of that action on my dogs and for dogs with allergies and problem, it does the trick. One of them does and hes done better and its all in part of what we buy in our household. Its made in america. They cant stop eating stuff. Put it all together and i cant count on this either blue buffalo or fresh pet right here after the blue bell buff ipo, neither stock fits my risk portfolio, and the fresh pet with the serious lack of profitability and you know what would get me excited, other than fresh pet getting profitable . How about if they merge . Thats right. I think the much larger 5. 8 blue billion buffalo should buy fresh freshfed and you would have a terrific profit for growth. Heres the bottom line. I wouldnt buy blue buff or fresh pet at these levels and the Value Proposition just isnt that attractive but if they merged, i know its a pipe dream and this market when it comes to take overs they could form a colossus that could be quite intriguing and i would be a buyer. How about phil in new jersey. Caller a big Philadelphia Eagles booyah. Training camp booyah back at you. Guys catching passes is always big. Whats up . Caller hey jim, my question for you today is i had some positions in costco and theyre interested in adding to my position they have and they have utilities in the market and i dont know if this is a good time to pull the trigger or should i wait for it to go lower . I think the retailer is about to have a turn and jack Research Director for order not com and weve not been able to pull the trigger and probably a mistake and right to do right here. Pet owners will break the, i dont suggest buying them as stand alone companies. Ina company helpeds of people will visit us. Can this under the radar name help you build gains . If i rallied against the fed they had no clue how bad things were and they had no idea. Has anything changed today . You dont want to miss my take and thats just ahead along with the lightning round. Stick with cramer its so shiny. I know, mommy, but its time to let the new kitchen get some sleep. If you want beautiful results, you know where to go. Angies list. Everyone can shop for services from highly rated companies, even without a membership. But as a member, you can save more. And you get exclusive access to ratings and reviews. Angies list is there. For all your projects big and small. Pretty come see what the new angies list can do for you. Ive got two reasons to take care of my heart. Thats why i take meta. Meta is clinically proven to help lower cholesterol. Try meta today. And for a tasty heart healthy snack, try a meta health bar. Xco0 on a really nasty day for the averages you know what stocks manage to go higher . The Real Estate Investment trust any you might think this group would be a tough one to own given the fear of the fed raising interest rates. I think the market today was about please dont raise. That would make the highyielding stocks less attractive including the reits and if youre worried about an economic slowdown this group starts to look like a safe haven. Take bricks shopping store, and valled ied at 6. 7 yield. It onlies 120 Shopping Centers and most are anchored by highquality supermarkets youve seen these around Kroger Walmart and a bunch of stores built around it. Theyll buy a Shopping Center and bring in ia Higher QualityGrocery Store and then lets them braining in better retailers at the same site ask supermarkets are the one part of retailer that are immunized against ecommerce and we know amazon is trying to make headway. It just reported a solid quarter and inline revenue and strong property and the occupancy rate of 92. 5 and the average base rate increased by a phenomenal 26. 9 year over year. Lets check in with michael, the ceo of brx property group. Welcome back to mad money. Hi, jim. Good to see you. How are you . Good. You particular it right to everybody and you said we continue to realize that misperceptions and misunderstandings regarding our investment story permeate the wall street community. Were not the wall street community. Were the Retail Community and tell what is the misperception and how the truth plays out. We have a great runway and a company thats really backed by we have just belowmarket leases. This quarter was a perfect example. If you look new lease spreads, were over 50 for the quarter. I like 10 to rentcontrol apartment in new york city. When they finally free up and we bring it to market. Thats a great opportunity for us and really helps us drive revenue, and then i think lastly, just people dont understand the quality of the grocery anchors in our center and what they really bring to it. Our average grocer sales are approaching 30 million per store and thats consistent traffic flow and allows us to offer those sales. Know that there are many stores that people were concerned about, and i was thinking that there was the misperception at large. I have to believe that every one of those places could be upgraded by you and its a great opportunity. I hate to ever wish people lose their jobs because you and i both know. I think the majority of the stores will be remerchandised with better grocers. Its had a capital constraint for a long time and those stores could be upgraded and repurposed to better operators and those would be a better longterm opportunity. People understand that youre able to move fast and that matters and you talk about dollar tree and five below. Its one of the benefits of scale and were a National Landlord to the retailers and weve taken the time to negotiate foreign lease wes them where we can get people open not opened but signed in less than 30 days and opened quickly thereafter. Its a real opportunity. You keep closing the house that fast and this is very interesting. One of the things people also dont understand is there was a time when home depot used to open up all of these competitive walls and its not like there are a million walls driving down the square footage. Its a great opportunity. Weve gone from an industry where we were producing 200 million per square a year to the First Quarter, 1. 2 million square feet in this country. Its a great tailwind for the business and that lack of supply gives us really good pricing power. I think there was some concern that look youve got a phenomenal company that spin you off that maybe they were going to keep selling stock, but they seem to be committed to not selling below the last price. Very focused on where they see value, and they think the stock is cheap at these levels and we dont see them as a seller here and they would like to continue to sell at higher prices. At the same time you got an opportunity to get the organic debt and bringing you more cash flow. Yes. We did a bond offering just last week. 3. 85 on sevenyear money replacing close to 6 debt so a real opportunity for us to continue to make progress on kind of both sides of the balance sheet, the operating side of the properties and then on the debt stack side. I love how you said its an organic growth story because there are a lot of companies that are just giving you good yield like utilities with no growth. Growth and income probably hard to find in this market. Michael carroll, ceo of Brixmor Property group. Given just the strength of the operating results they can show for many years to come. Mad money is back after the break. A new season brings a new look. A chance to try something different. This summer, challenge your preconceptions and experience a cadillac for yourself. The 2015 cadillac srx. Lease this from around 339 per month, or purchase with 0 apr financing. It is time it is time for the lightning round on cramers mad money. [ indiscernible ] play until we hear this sound and then the lightning round is over. Are you ready, skeedaddy . We start with the lightning round and we start with camille in colorado. Camille caller hi jim. Thanks for taking my call, and i would preesh appreciate your thoughts on memorylink. Even if it has good yield and thats why i like brixmor. How about jerry in virginia, jerry . Caller st. Thomas virgin islands. Im sorry. Nicer place. Whats up . Caller booyah. Your position on biopharma, buy, sell or hold . I have to do more work on er a. I havent looked at it on a long time and theyre so crazy. You have to stay up on them. Wes in illinois. Wes . Booyah from washington illinois ooh, nice caller what do you think about marriott . It is way oversold especially with gasoline coming down. How about richard in pennsylvania . Richard caller leigh, jim. Great to talk to you. Thank you. Caller i want to thank you first of all for the profits ive made to Merchant Airlines chipotle Panera Raytheon and skyworks. Holy cow thank you caller yeah. Tonight i want to ask you, last week i bought annbarillo and its down to 113. It is a very erratic stock and i think its a 2016 story about many different kind of devices and not just gopro, and i like it, and i say that as the stock goes down you can buy a little more. Lets go to robert in new york please. Robert . Hey, jim. Booyah, buddy. Booyah caller listen i wanted to know whats your take on excel . Ive been recommending exel. Double down. I think thats terrific and the last round was dynamite. Lets go to joel. Booyah. I have verifone about 2 where it is. I think its fine and i recommend blackhawk and verifone and blackhawk has taken off nicely and verifone hasnt yet, but i think it will. And that ladies and gentlemen, is the conclusion of the lightning round. The lightning round is sponsored by Td Ameritrade. Im here at the Td Ameritrade trader offices. Ahh. Steve, other than making me move stuff, what are you working on . Let me show you. Okay. Our thinkorswim Trading Platform aggregates all the options data you need in one place that lets you visualize that information for any options series. Okay, cool. Hang on a second. You can even see the anticipated range of a stock expecting earnings. Impressive. Whats up, tim . For all the confidence you need. Td ameritrade. You got this. I built my business with passion. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. I earn unlimited 2 cash back on everything i buy for my studio. And that unlimited 2 cash back from spark means thousands of dollars each year going back into my business. Thats huge for my bottom line. Whats in your wallet . Will somebody come on tv and tell the truth . I have talked to the heads of almost every single one of these firms in the last 72 hours and he has no idea what its like out there none my people have been in this game for 25 years and theyre losing their jobs and these firms are going to go out of business and hes nuts theyre nuts they know nothing 14 Million People took a mortgage in the last three years. 7 million of them took teaser rates or took piggyback rates. They will lose their homes. This is crazy. Yes. Im sorry to be upset about it, but you have to understand what theyre saying to me off the record before i come in here every night and every day. Look sometimes its just about being in the game long enough to know people that ended up in higher places. Eight years ago i said the fed knew nothing about the subprime market and how it was going to cause actual Systemic Risk to our Financial System. Yep, its the eighth anniversary anniversary. We know the fed sdofcoffed at my remarks when they released the meeting notes i was a laugh line and the muchrevered atlanta president Dennis Lockhart was quoted as saying i believe that the correct policy posture is to let the markets work through the changes in Risk Appetite and pricing that are under way, but the market observations of one of my more strident conversational counterparts and that is not jim cramer paren, laughter, are worth sharing. Thats right. Laughter. Think, i was saying the market was going to stop functioning and you couldnt be lazy and thats what they did and it happened. I give credit for changing the Financial System before it went really dark. I have nothing, but respect for ben bernanke and for the current fed chief janet yellen and theyve shown great judgment keeping rates low, with the world situation to which were very much linked has been on an upswing and our recovery was fragile and to the overseas strong dollar. The Great Recession is still very much in our minds and keeps us more frugal and suppressing lots of Economic Activity and the banks are certainly still afraid. The fed did a terrific pivot and came around to my way of thinking and albeit too late to save the firms, and many of which folded and the big banks werent naturalized and i credit bernanke for avoiding the horrific possibility which at one point seemed like a certainty and it begs the question how the heck i knew it would happen and the fed didnt specially since the fed has loss of information at hant and lots of researchers. Upon reflection, i think i know the answer. Unlike most of the people in the fed and most which have fine regional backgrounds and assets and i come from the industry so to speak and the industry of wall street is the epicenter of financial crisis. It looked like a housing causye yhousing, and they were being packaged by major wall street firms including friends was mine and being resold to hedge funds who were trying to earn higher returns than they could for treasury bonds. How did i know that . Simple. Because the top people who were running these firms were of my vintage. They grew up with me graduated with me traded with me at my hedge fund. They were sales people who worked with me and competed against me. I hired them they hired me. These same people were actively lobbying me to talk about the truth, but what was really happening because they couldnt seem to get through to the fed or maybe they trusted me and didnt trust the fed or feared the feds regulators. Whatever. I simply had better information than the fed did including the calls i was getting moments before i came out to speak to my former colleague and good friend erin burnett about some consumer stocks that i liked and that was the plan going into the rant and i was high lear emotional because my sources were high lear emotional and they feared for their firms and feared for the country, and they were right. I failed as we know from the feds minutes. I was a laugh line. I tried. Still in this age of instant youtubing and endless embarrassment on twitter i am grateful that i got this one right yet i didnt convince the overconfident and retrospect blind fed at the time and that makes me wonder have they changed their ways . Does the Federal Reserve of today have the sources that they need unlike the fed back then . Lets hope so. They may need them again some time soon if they make the mistake of starting an aggressive tightening just because it siege, on the surface like the right thing to do. Stick with cramer. All right. Remember, two sides of a coin. Right now were really fretting that oil is going down. Now this is amazing because many of these Oil Companies have picked up their balance sheets. Last time it went down like this there were real worries about a lot of Companies Going belly up. Some still could, no doubt about it, but we seem far more concerned about the negative impacts of oil going down than about the positives of gasoline going down in price including jet fuel. That will probably change as the week goes on. China the problems there keeping the fed on hold. Europe, think about it. Greece going into an absolute depression and europe is blossoming. I like to say theres always a bull market somewhere, and i promise to help you find it right here on mad money. Im jim cramer. Ill see you tomorrow narrator tonight, shark tank takes you swimming with sharks. The hit show thats proven American Ingenuity is alive and well. Thats not all they do. They fold in half. Surprising updates with your favorite entrepreneurs. Its time for some ribs whats up . . Money made. We have over 2. 5 million in sales. Lives changed. I can give my mom a fulltime job. From the family garage to titanicsized new factories. This is so huge. From tyke tycoons. Hi. Im ryan. And im 11. To business buffoons. I had the Clown Community criticize me online. What . . And the big catch that got away. The answers no. No deal . No problem. Wait until you see what this guy did