Well hitting all of these records think about it, stocks have indeed come very far very fast were right on the cusp of multiple rate hikes. There was a terrorist attack in times square weve got a special prosecutor investigating the white house and last week we almost had a Government Shutdown that was only temporarily averted, yet stocks, theyre in great shape the dow gaining 57 points, smpt advancing 0. 32 . Led by, you guessed it, apple. Look, these are not easy questions, frankly, at this point. When i talk to people, far more of them want to get out of this market rather than get it. It always pains me, but thats what they want to for. Many of them genuinely believe we are being led right off a cliff. Like obvious little i think they may be mistaken, though, im going to give you a sense why. We can start with a bigger picture. Thats the socalled macro first of all, the whole world is on fire here and all of these u. S. Specific worries pail in comparison to the synchronized Global Expansion were experiencing you can go constant net to constant net to see it when you look at the u. S. Alone, its pretty darn incredible. We have very strong growth thats when people have jobs, they spend money on homes, on cars, on devices people collecting a steady paycheck are a lot more confident than the unemployed. Even better, were in this sweet spot where there is still so much slack in the labor market from the Great Recession that we can have tremendous job Growth Without much inflation i always call that the holy grail of investing its not just that were creating lots of jobs, its where these jobs are being created. I think that matters as much we didnt talk about ive got that broad brush number frost labor department, but you know what sector really shined . The Manufacturing Sector its incredibly robust manufacturing. Weve been worried about losing that for years robust because the United States now has found abundant Natural Resources that we tend to take for granted. With the exception of russia, no other real industrialized country has access to so much cheap oil or cheap natural gas in fact, weve reached an odd place where we have far more energy than we ourselves can use. Were now producing about 10 Million Barrels of oil a day it doesnt mean were not importing, but this is what were doing. So million thats a record. Its even more impressive when you consider opec flooded the market with crude in order to drive our competitors out of business their strategy failed and the u. S. Has become a major Energy Exporter thats huge for manufacturing. Especially our plentiful and low cost natural gas supplies, which makes america a far more attractive place to build stuff. Beyond that, our Oil Companies are more flushed than youd expect at these prices because drilling costs keep coming down and they can find more oil with fewer rigs hey, by the way, thats why this rig count we follow on friday and the Oil Inventories on wednesday, hate to clue you in, but they really dont matter that much anymore. Were getting much more out of each rig that matters who cares about stores when were exporting oil at a record pace it really doesnt matter how much is stored what matters is how much were exporting. Jobs are being distributed more broadly in places that have been fallow why doesnt that story get more air time it does beat me. Its part of the ongoing feel good, i guess. And while its tough to Keep Companies here when they could pay workers so much less if they moved to mexico or any other developing country, some of them are doing plenty of hiring in america. Maybe its the low cost energy advantage, maybe its the president s bully pulpit, maybe its a bit of both those are just the organic positives. How about tax reform big impact whatever your view of this bill politically, it is a huge positive, not negative, for the market even though there are some issues for individual investors like selling out first in so you have to pay higher taxes ill give you an example ive interviewed a host of tax paying Companies Like boeing, theyve got high taxes and they intend to return some of that point to shareholders in the form of dive depends and buy backs. And an 18 billion buyback. But they also told us that theyll use that found money to hire and to innovate now, we know they have far more plane orders than they can handle they need to expand the capacity maybe they get the money to maybe that happen. Bullish. Speaking of aerospace, this industry is another reason why you can picket stocks when theyre down, particularly the industrials. There are only a handful of Companies Directly involved with aerospace and the obvious ones that hand scout are honey well, United Technologies and boeing there are only a handful involved in aerospace and defense. These are Major Industries and theyre generating a ton of Business Aerospace and defense are why so many industrial stocks refuse to go down, frankly even those ones partially involved im thinking about a eaten or ppg, the airspace cycle is real, its on fire and its generating a lot of jobs. Then there is something president trumps chief economic adviser gary cohn said the other day. He said deregulation by our president is sparing jobs. Now, as a small businessowner myself, i am always conscious of the layers of red tape all of that stuff is true, by the way, they make it impossible to compete with big business since trump took office, its not the federal government that people are worried about, its state and local jurisdictions. This administrations been rolling back relgts regulations. Theyve gotten a lot softer when it comes to enforcing existing once again you may thing this is really bad im not talking politics purely from an economic standpoint deregulation is good for the stock market remember the premise here. Im here to tell you why its not crazy that stocks can stay up here. Now i certainly think that banks are feeling this deregulation. Banks have since the Great Recession lived in fear of losses and what the regulars would say if they took them, but a bank that takes no chances on anyone less than totally credit worthy, i would say thats a bank thats not really doing its job. Thanks to all the rules and regulations put forward after the recession, banks have been very averse to expanding, let alone lending money to people who might need it. Less regulation means they can afford to take rivgs and bank stocks can be viewed as or value traps. If you want to see what im talking about, look at letter c. Look at the stock of citigroup do you know a week ago we learned that its going to have a 20 billion loss the stock barely budged. Its now about a point below its high because we realize that the losscomes from bookkeeping its what happens when you cut taxes. The losses arent worth as much. Plus, if the regulators arent going to freak out about it, why should we . Finally were witnessing some just truly amazing, i would say breath taking comebacks in certain stocks for instance, look at value. Vrx, now many thought that when bill acumen, the big time hedge fund manage bailed from his huge valued positionat around 11 i had to be a gamechanger, it had to be over, right . A big guy who knows the company blows out of his stock it turns out it was just beginning. Valeant just broke out above 20. There are all sorts of others. Courtroom by and fitch, American Eagle outfitters some of these seemed in a per t permanent death spiral, but it didnt happen. The mall doesnt seem all that dead either. If youre in any doubt about shopping, consider costco, home depot, walmart have you seen how theyre doing . Theyre incredible or the comebacks in stocks of macys and kohls, retail suddenly is looking pretty darn good its just very hard to keep stocks down in this environment. Thats really the major takeaway tough to keep them down. So let me give you the bottom line last week i did present a list of worries when we were hitting the alltime high again like today. But i think the reason why this market keeps hanging in there, matters a lot more the truth is, when the economy is this good, you are, indeed, unlikely to get a sustained decline. Lets go to alex in arkansas alex hey, jim. From the university of arkansas, home of the razor backs. We love the razor backs whats happening i had to take a break from studying for finals to ask you a couple of questions about the Human Resources firm i recently invested in. Their fundamentals look strong and they announced a two for one split last month where do you think their p. E. Ratio is compared to their competitors and do you see continued growth should i buy more . I think youre absolutely fine no need to buy more, alex. Heres the deal, we did a profile of inseparaparity, it ws called a what the heck well, Human Resources and Business Optimization Services are very hot youre in a hot one. No need to buy more. But i like insparity james in tennessee james . Hello, jim. James, how are you . Just fine my question is, what is your opinion of Johnson Johnson stock and the liability in the lawsuits and what would you say would be a realistic 12month target price okay, first, congratulations to alex gorsky and army on a billing victory. Everyone is a winner in the armynavy game second, i dont think those lawsuits are all that relevant third, i can see j j creeping up to 155 without a problem. Its a Great American company. I dont want to minimize whats happened to people who are suing, i just want to say its not a reason to avoid the stock. All right. Dont let the negative nancys fool you, there are worries out there but plenty of positives, too. Boy is it hard to keep the market down. A company leading the way in parkinsons has come down in the next few months. Is there a red flag . Then the auto parts retailers were stalled earlier this year. Are they still in need of a tunup or could this be the big breakout could an investment in golf be a hole in one for your portfolio. See how its disrupting the space. Boy are they ever. Dont miss my exclusive with top golf ceo and stick with cramer music plays throughout were drowning in information. Where, in all of this, is the stuff that matters . The stakes are so high, your finances, your future. How do you solve this . You dont. You partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. Morgan stanley. Or a little internet machine . [ phone rings ] it makes you wonder. Shouldnt we get our phones and internet from the same company . Thats why Xfinity Mobile comes with your internet. You get up to 5 lines of talk and text at no extra cost. So all you pay for is data. Choose by the gig or unlimited. And ask how to get a 200 prepaid card when you buy any new samsung device with Xfinity Mobile. A new kind of network designed to save you money. Click, call or visit today. About a month ago, we got a call from a fellow by the name of lance in florida. He was asking about a small Biotech Company called acadia pharmaceuticals. The stock just got slammed and slammed hard in the first two weeks of november and lance wanted to know if it was worth buying in. Ive talked about this one before i havent been keeping track of it i told lance i needed to do some homework and dig into why the stock sold off before i gave him a verdict, you cant just cuff these things because this is, or at least we claim it to be the most interactive show on television we did our research. My view, this is a tough one to get your head around, the stocks been a real roller coaster. A lot of people dont like roll roller coasters. That said, i think acadias got enough going for it that this stock is indeed worth speculating on meaning you can invest a small portion of your discretionary mad money pour folio in acadia, not for your retirement money, but i like this bun. What makes me feel so good about it first, lets talk about what the Company Actually does. Acadias a biotech focused on treating Central Nervous system disorders, specifically Mental Illness and some symptoms of parkinsons. The company has one drug on the market thats nuplazid, approved by the fda in april o2016 thats for treating hallucinations and delusions associated with parkinsons related psychosis. Its the only drug on the market for these parkinsons symptoms roughly 1 Million People in the u. S. Are afflicted with parkinsons with another 3 or 4 million in the rest of the world. About 40 , thats a very high number, 40 of them experience parks sen parkinsons related psychosis. Acadia is studying the same compound on dementia related psychosis. Certain types of schizophrenia even when most existing antipsychotic drugs work, its so often the side effects are so terrible that its very hard to keep people on their meds. You hear people saying did he go off the meds there are consequences the drug is in phase three Clinical Trials for dementia and schizophrenia and phase two for depression these are huge markets there are 8 million americans with dmen stha sha related psychosis, which includesal seemers. At the moment, there is not a single fda approved drug for this condition instead, most doctors prescribe off label antipsych ticks anti. It cant prevent people from suffering dementia from having new psychotic episodes this could be big. How about schizophrenia . At acadia studying the same drug in phase three Clinical Trials more than 3 million americans suffer from skiz friechizophrena these are gigantic markets its really devastating both for the people with the disease and their families who need to take care of them although unlike dementia, schizophrenia typically manifests itself in your 20s or late teens and hijacks your whole darn life. This disease is as varied as it is terrifying. Sometimes it causes ha lewis example nations and delusions. Think voices in your head. Sometimes its paranoia, incredibly confused and jumbled thinking and sometimes its extreme emotional withdrawal in short, its the kind of condition that makes you think thank heavens for modern medicine there is a problem with the medicines here and thats where acadia comes in. The drugs we use to treat schizophrenia, theyve got major flaws. Some of these pills can make you gain weight. Not talking about adding 3 or 4 pounds, 30 or 40 pounds and do it in a matter of months and hit or miss in figuring out which ones work and which ones dont acadia is studying the compound as a treatment for schizophrenia patients who arent getting the help they need from the current antipsychotic drugs about the market it works via a totally different pathway so it could end up being very popular if it can get fda approval lets put it all together, okay . Youve got the makings of what i think is a pretty good story, i should say sadly a pretty good story. Because these people are suffering mightily however, over the past couple of years, this has been a tough stock. Its been whipped all over the place with the rest of biotech the sector falls in and out of favor. Wall street liked acadia when it was trading at 35 last year. When the fda approved its lead drug for parkinsons and psychosis. Now roughly a year ago we got some positive phase two data on how acadias main drug works for people suffering from psychosis caused by alzheimers disease. Acadias very much a onedrug wonder particularly whether it can get approved to additional applications beyond parkinsons is interesting another interesting component is takeover sfeklation. Earlier this year, we heard a ton of rumors that it could be the target people even mentioned of a company like fooizer or and j. Then when the Company Reported in may its sales came in weaker than some analysts expected. Then it plummeted to 25. That is where it bottomed, though and, you know what, acadia starting bouncing again. Imagine if it held some bullish annual meetings and started hearing renewed takeover chart trouncing with much better than expected sales and a dramatically smaller than anticipated earnings loss. It looks like it was really starting to gain traction. But to 35. In september, we got more takeover speculation this time, the Evening Standard reported that astrazeneca was considering a bid. In october, we finally got some real news. The fda granted acadias drug as a breakthrough therapy status for dementiarelated psychosis and the Company Started a phase three trial, the last phase before you can ask for approval. Stocks spiked to 41 on the news. Thats where it peaked at least for the moment. Nobody seems to care bad sign because sure enough, last month, this one is exacerbating they gave us an update on their phase twoal seemers stud this year, though, while the study met its primary end points, wall street was underwhelmed, the stock got slammed and plunged 9 on the news when it reported a few months later, the results were better than expected. They were hope for an epic blowout. Didnt get one right until we got that call from lance in florida asking if acadias a buyer even if that time, its rebounded about 12 . Lance, you got horse sense i think its got more room to run. As it far as im concerned, the bullish story is in tact its just that this stock goes through period of belgian overly liked followed by periods of excessive hatred this was the most volatile stock ive ever done the work on bottom line, acadias been a really wild trader, but i think the stock is absolutely worth speculating the next time it pulls back and i think from what i just went over with you, it will pull back again. Just like every other biotech in this environment, its prone to periodic weakness. What a tough one but one i want to own when it gets hit again can we go to john in california, please john oh, happy holidays, jim, from out here in sacramento we love you out here. Youre very, very kind. We had that gentleman from tripoint. Hes got a lot of land there i think its a good stock. Whats going on . Okay. I got it was up a bit and a bought it. Theyve got the cure for hepatitis c, it loses 20 , they make a ton of money and bought another company awhile back. I was wondering whats your opinion of where its going with this big billiondollar acquisition . I liked it. In the same way just so we know that i liked the acquisition of any one of these companies that can produce something with it like j j has in this case, they caught i think you have a floor around 70 and i think it will be up 15 that is not bad. Talking about a fivepoint down, 15 up. Ill take that risk any day of the week i always say i have the smartest audience in the world. Lance in florida, thanks for shining the light over acadia. I know its been a wild one, but the potential is there youve got my blessing much more mad money ahead. For years, the auto parts retailers were some of the best performers around, but then they took their foot off the gas. Are the stocks back on track or could there be speed bumps ahead . How is a private playing the driving range in the 21st century. Im going to sit down with the ceo. Which investment could be threatened by the real bitcoin price discovery . Ill reveal it just ahead. So stay with cramer. For your heart. Your joints. Or your digestion. So why wouldnt you take something for the most important part of you. Your brain. With an ingredient originally found in jellyfish, prevagen is now the number one selling brain Health Supplement in drug stores nationwide. Prevagen. The name to remember. For every hour that youre idling in your car, youre sending about half a gallon of gasoline up in the air. That amounts, over the course of the week, to about 10 pounds of carbon dioxide. Growth is good, but when it starts impacting our quality of air and quality of life, thats a problem. So forwardthinking cities like sacramento are investing in streets that are smarter and greener. The solution was right under our feet. Asphalt. Or to be more precise, intelligent asphalt. By embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to analyze the flow of traffic. That data runs across our network and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. Who knew asphalt could help save the environment . How long does it take for a stock that has fallen from grace to get its groove back for years, the auto parts retailers were some of the best performers around. I always highlighted them. If you owned advanced auto parts or autozone or Oreilly Automotive from 2013 to 2016, you really cleaned up. But earlier this year, the whole group suddenly wept out of style on the wall street fashion show as the Companies Reported a series of ugly short falls and their stocks, they got obliterated. However, in the last few months, the auto parts retailers have started to rebound autozone and oreilly bounced from their lows over the summer. Advanced is up 28 since november 8th thats a magnificent move. If the auto parts business is really back on track, these stocks are dirt cheap. In a market were constantly hearing people fret about skyhigh evaluations so how is it that the auto parts retailers have been making such a monster comeback crucially was this merely an oversold bounce or could these gains have more room to run as part of a brandnew up trend to really understand what is happening here, though, you need to understand the recent history. They had a terrific fouryear run before the stocks went free freefall now, that was just a few months ago. It was just earlier in the year. The reason, the big driver here during the Great Recession and its aftermath, americans became a lot less eager to buy new vehicles makes sense. Old cars need more maintenance, which means more business. More business flows right to the line of these companies, the parts retailers. At the same time, these companies were veracious buyers of their own stock, eventually autozone, although oreilly typically had the best numbers then something went very wrong for these guys in the first half of 2017 and their stocks fell off a cliff. For starters, there is the amazon factor. For a long time, everybody assumed that Companies Line auto zone or oreilly were somehow immunized against the amazon but in late january, we learned that the retail death star would be targeting the auto parts space. As i pointed out before, whenever amazon has an industry in its sights, every stock in the group gets slammed, even if they shouldnt be. Then within a matter of weeks, the auto parts retailers start reporting really ugly earnings the future competition combined with these numbers made things worse. Advanced auto parts, which was the laggered of the group for so long came in to 2017 on a high note business seemed to be booming if and the company looked like it had overcome several longstanding problems. Like acquisition problems of genuine parts international. Then in february, the Company Reported a substantial earnings Miss Management cut their fullyear forecast and their Free Cash Flow went down in may, the situation deteriorated even further. Advanced auto parts posting an enormous earnings shortfall. Down 2. 7 . We saw a similar story from autozone small shortfall in february. Oreillys results were stronger but they still gave tepid guidance when oreilly reported its First Quarter results in late april, they only gave you mild disappoint not good but much better than autozone or advanced auto parts and the guidance was decent. What caused these hideous numbers . The thing that they kept cited was the very mild winter, second mild one in a row. For those of you who live in warmer climate, Colder Weather is very tough on cars. All the snow and ice results in the need for more maintenance. Thats good for business by the same token, a mild winter means less demand for relamt parts. At lets thats the story they were tell. They also blamed the delay in federal took refunds youre less likely to upgrade your car when youre waiting for the government to give you back your money the rising minimum wage put pressure on the margins of every one of these guys. If you put it all together, youve got some very steep selloffs that seem pretty justified. Autozone tumbled from789 at th beginning of the year to 481 hideous. Oreilly 271 to 169. Advanced auto parts lost more than half its value, 169 to 78 where it finally bottomed a month ago. However, since then, all three have made remarkable comebacks which means to me they were being straight with when they blamed the weather and the tax returns. It rang true how did the bottom play out . The big washout in autozone and oreilly came in early july. Oreilly preannounced very disappointing same store sales figures. That was a pretty big miss and the whole group got eviscerated. Oreilly losing nearly 19 of its value. In sympathy, autozone down 9 , advanced auto down 11 that was the moment of capitulation with the weak investors the ones who really didnt have any convibs . Well, they blew out en masse everyone who was going to sell seemed to have finally sold. Oreilly is autozone ended up bottoming a week or two later, although it took advanced auto parts a few more months to turn things around. Youre always asking me about these. The turn went into full swing over the summer. First oreilly reported better than expected quarters and even though the company cut its fouryear forecast, nobody seemed to mind since they had already preannounced the downside a few weeks earlier then autozone delivered a nice beat in september and on a Conference Call the ceo he gave some pretty rosy commentary about stwant advanced auto parts lagged behind because in august they missed the estimates and cut numbers. Very different than what you got from oreilly. But the latest round of earnings from all three companies was pretty darn impressive oreilly gave you another beat in late october. Actually raised their full year earnings forecast. Advanced auto parts missed on the top line they also delivered a big earnings beat and management reaffirmed their guidance rather than cutting it. You know what the stock did . It shot up 16 in one day. Then last week awed owezone knocked it out of the park on this once great group of stocks, i think the market may have overreacted in the first half when these Companies Reported a wave of shortfalls and everyone was freaking out about the death star amazon. The numbers now seem to be improving and the stocks are far from expensive aap sells for 17 times next years earnings estimates, ori oreilly, out ozone only 14 times. Ive recommended it as a takeover target at the deal economy conference advanced i bet he would love to get out of this one the bottom line, these stocks should never have been down so much in the first place. The selloff was a total rush to judgement, like the ox bow incident but which one should you buy . This is an interesting thing for you to know yourself you can take your pick you can bargain hunt with auto zone or speculate on a takeout with advanced auto parts boy, this industry, its got something for everybody. Lets go to steve in new york. Steve . Booya, mr. Cramer. How are you . Im doing well, steve. Jim, i saw my stock jumped 30 over the last couple of weeks on some good news and reports. I was wondering if you think this stock could be a game change for the car industry or should i sell on the good news let me think. Let me think let me think let me think you know, i know we looked at this, the online platform. I have to do more work on it, boy, sometimes these have been real bad and sometimes theyve been real good and i do like what made me hesitate is that carmax has been all over the place and im not sure what to say let me do more work. The auto parts retailers, they are very much back maybe they should never have gone down this much to begin with take your pick when it comes to any name in this crew because its got something for everybody. Much more mad money. Its in driving range meets Bowling Alley meets nightclub, meets experienceal stuff its envogue im talking to the ceo of one. Then with Bitcoin Futures officially trading, ill tell you what to make of the cryptocurrencies and rapid fire, in todays edition of the lightning round directv has been rated number one in Customer Satisfaction over cable for 17 years running. But some people still like cable. Just like some people like wet grocery bags. Getting a bad haircut. Overcrowded trains. Turnstiles that dont turn. And spilling coffee on themselves. But for everyone else, theres directv. For 1 rated Customer Satisfaction over cable, switch to directv. And for a limited time get a 100 reward card. Call 1800directv my name is jamir dixon and im a locafor pg e. Rk fieldman most people in the community recognize the blue trucks as pg e. My truck is something new. Its an 811 truck. When you call 811, i come out to your house and i mark out our gas lines and our electric lines to make sure that you dont hit them when youre digging. 811 is a free service. Im passionate about it because every time i go on the street i think about my own kids. Theyre the reason that i want to protect our community and our environment, and if me driving a that truck means that somebody gets to go home safer, then ill drive it every day of the week. Together, were building a better california. If you want to be a good investor, you need to find major new trends and get out ahead of them every now and then that means checking in with the privately held company that is at the forefront of something very big. Tonight i want to talk to you about one of the few growth areas left in the golf world, its the interactive driving range. This is a concept pioneered by top golf a normal driving range is kind of boring, you whack the golf balls and away they go top golf came up with a new idea they put microchips in the balls and you hit them at targets on an outfield. Its like a gigantic dart board. Because the balls are chipped, they can score every single shot for accuracy and distance. Suddenly we got a fun, competitive experience and top golf has become a fullon entertainment venue with dynamic entertaining spaces and food and drink menu the company is small theyre opening their 38th location on friday its already a Major Driving for c callaway so lets take a closer look with Eric Anderson, hes the cochairman and ceo of top golf and the eighth most powerful person in the golf world, according to golf inc. Only seven spots behind the president of the United States mr. Anderson, welcome to mad money. Have a seat. Thank you. Thanks for for having me. Candidly, i found out your company through Entertainment Properties which told me it is the most stable grower in their huge, frankly, different Entertainment Venues so whats going on how much of it is golf, how much of it is experiential. How much of it is women . You have a lot of women who play. About half our business is the golf game, the golf entertainment game, about half food and beverage and weve got about 35 women. So it appeals to everybody. Opening up 38th, how many can there be well, we think at least 100 in the United States and then another 100 or 200 around the world. Were in australia now, mexico, canada, we Just Announced dubai as well. Now how much are people who went out, you know, have a good time and how many want to be great golfers . Were about 40 golfers, 60 nongolfers. That high nongolfers . Were starting to see that defined as somebody who doesnt play eight rounds each year. Were seeing kids show up now and weve got great instruction programs and its a lot of fun you can watch your kid and you get a cocktail or a coke and watch them hit some balls. When my kids were little, we took them in chuck e cheese. It really was an exercise in spending a lot of money for nothing. This seems like such a better idea its out, it can be outdoors its got something that can be a lifetime sport are you hearing from parents this is something terrific for their kids we really are weve got some Great Stories already with young kids learning to play golf, working with our professionals there. We had a great story the other day one of our professionals, a young kid was doing really well and our professional went out to him to watch the drive, chip and put, the program from augusta. The kids can get a lot of practice in. Golf is maybe a 20minute game with a fourwater walk so youre really learning how to hit the ball before you go out on the course a lot. There are so few golf plays, ive used epr as one of them at a certain point, when youve opened enough, is top golf a company that could be public yes, we definitely fit the criteria to be a public company. Providence invested in us recently we look at that as an option for us at some point. Top golf crush seems like something i want to play republican right yeah, absolutely. We bought this Company Called now top tracers to track the ball in addition to chips in the ball we take it, you know, to the big arenas we were recently at f1. You can set up topgolf and play it at any kind of venue. We go outside our regular venue. Where are we in golf . Tiger woods came back. There was a lot of hoopla about that im trying to figure out in a 50year panoply, where is golf golf certainly hit a peak at one point in the u. S. With tiger. I think its stabilizing and were seeing real growth again i think golf gets growing in a couple of ways, if you count our activity, it has grown its expanding the audience and how people get to it. One last question, were about millennials in the show, were about experiential, does that fit the criteria . Are people doing instagram when theyre there . Is it very much a facebook or snap experience . Yeah, absolutely. It allow it is to be for millennials a dense parallel experience you come in, you play the game, you can have some great food our associates do a fantastic job. You watch some tv, work with your friends, whether its your girlfriend, business colleagues. Right in the middle of it you say, thats great, i want to take a picture you stop and its instagram moment i knew we were on to something when drew brees took a snapshot and said this is my score. Im winning. When people are taking a picture of the screen and telling me, hey, can you beat my score that tells you everything, frankly. Thats the greatest. We all love drew brees thats Eric Anderson hes the cochairman and ceo of topgolf. I like this story. Mad money is back after the break. [vo] when it comes to investing, looking from a fresh perspective can make all the difference. It can provide what we call an unlock a realization that often reveals a better path forward. At wells fargo, its our expertise in finding this kind of insight that has lead us to become one of the largest investment and Wealth Management firms in the country. Discover how we can help find your unlock. Im a small business, but i have. Big dreams. And big plans. So how do i make the efforts of 8 employees. Feel like 50 . How can i share new plans virtually . How can i download an efile . Virtual tours . Zipfile . Really big files . In seconds, not minutes. Just like that. Like everything. The answer is simple. Ill do what ive always done. Dream more, dream faster, and above all. Now, ill dream gig. Now more businesses, in more places, can afford to dream gig. Comcast, building americas largest gigspeed network. It is time for the lightning round. And then the loiteringening round is over. Are you ready . Lets start with james cramer, i bought in at 1009 on pure therapeutic. Should i hold it or get out . I still believe in it im not backing away jason in texas jason . Home of the ut longhorns where Property Values are through the roof pun intended my question sawn Thompson Reuters ticker tri. I think its very inexpensive and there is always going to be a need for it, and therefore its okay to own how about john in South Carolina john hey, jim. Mgbl farmers looking good. That thing is insane. Why not take half off the table, really youre not going to get a 400 run without some people taking profits. Doulg in arizona doug from warm and sunny arizona im calling about etson international. Oversold and i dont think its going to be as dangerous. How about jerry in utah . Jerry . Jim, a big Rocky Mountain booya to you i love the good advice you give all our action alert winners. I think i should have been pushing the club to buy the stock. I like it so much. Hopefully it can get in there. That concludes lightning round im not really a wall street guy. Whats the hesitation . Eh, it just feels too complicated, you know . Well sure, at first, but jj can help you with that. Jj, will you break it down for this gentleman . Hey, ian. You know, at Td Ameritrade, we can walk you through your options trades step by step until youre comfortable. I could be up for that. Thats taking options trading from wall st. To main st. Hey guys, wanna play some pool . Eh, im not really a pool guy. Whats the hesitation . Its just complicated. Stepbystep options trading support from Td Ameritrade bitcoin . Bitcoin. Bitcoin. What do we do with bitcoin first, let me say this, as long as its not against the law, i am supportive of anything that makes people money bitcoin has made people fortunes theyve made people fortunes all over the world you know what i say . Hallelujah thats great second, i hate it when experts try to keep other people out of securities or instruments that make you money one of my biggest gripes is i so often hear Hedge Fund Managers come on tv and say the stock market is too risky for them or the easy money has been made or its too dangerous for individual investors i balk at that kind of thing ive been hearing stocks were too expensive since when i was poor and bought my first one almost 40 years ago. I was often warned against buying stocks because i could lose a ton of money. Im so glad i didnt listen to people who, frankly, would have kept in in my chains as long as there is no systemic risk, you shouldnt listen either bitcoin, im concerned theyre too disorganized, too dark, too dependent on software they can be hacked. Im regarded as a doorslammer like people who say dont buy stocks, theyre too risky. Not true ive waited ages for a device i trust. A futures contract to help us discover the real price of the darn thing as much as bitcoins definiters may love it and theyre very emotional about it, anything that trades at an entirely different price is unreliable and does bear the resemblance to monopoly money you cant have something selling for 15,000 one place and 16,000 another. The newly raunched bitcoins futures are changing that. We call this a pair brabolic moe ive not once seen a straight up move like this one that actually lasts. Not once ive been looking at a lot of parobolas. All of the different who like it say it is different. Or maybe its not different. In which case look, as long as we have aborderly market, i was totally cool with bitcoin. I like the fact it was a secure way for people to get money out of country i dont like, countries that are failing its certainly better than gold which is difficult to transport and easily confiscated if you live in, say, venezuela, its a terrific way to hide your wealth or transfer it overseas without being detected by the government which i dont blame anyone from trying to do some say its the same reason criminals love to do it. I even let myself hope when square decided to launch a Pilot Program letting its customers buy and sell bitcoin, that might create an orderly market i was dead wrong on all of these and the results we saw until last night when the futures started trading. Not that they went erratic, but at least we have price discovery. Ill be monitoring these cryptocurrencies closely it might one day augment gold as a repository of weathlth. I cant rule that out either id like to see a lot more discipline at the end of the day, though, you know, there is a need for me as a prudent guy to urge some caution. Look, i never want to stand in the way of anyone making money as long as they know the risk. If you want to pit your money in bitcoin, ask yourself, do you know the risk . If you do, be my guest im not stopping you if not, though, maybe you should be on the sidelines because my first rule, do not harm. Stick with cramer. [vo] progress is an unstoppable force. The season of audi sales event is here. Audi will cover your first months lease payment on select models during the season of audi sales event. When it might be time to buy or sell . With fidelitys realtime analytics, youll get clear, actionable alerts about potential Investment Opportunities in real time. Fidelity. Open an account today. Your bbut as you get older,ing. It naturally begins to change, music plays throughout causing a lack of sharpness, or even trouble with recall. Thankfully, the breakthrough in prevagen helps your brain and actually improves memory. The secret is an ingredient originally discovered. In jellyfish. In Clinical Trials, prevagen has been shown to improve shortterm memory. Prevagen. The name to remember. We keep rotating and rotating and rotating and now were back to buying the oils. Why . Because west texas intermediate is selling at such a big discount to the rest of the world, making it so that we are in a more valuable position. So oil is going to keep going higher, at least the stocks. I like to say there is always more im jim cramer see you tomorrow welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. If they hear a great idea, theyll invest their own money or fight each other for a deal. This is shark tank. With an imaginative new recreational sport. Radosta hey, sharks. My name is john anthony radosta, and im the chief executive officer at advanced sports technology. Im here seeking 160,000 for a 10 equity stake in my corporation