My job not just to entertain you but to teach, goal, and educate you. Call me at 1800743cnbc or tweet me jimcramer. Today weve got a celebration that could very well prove to be premature. The averages rallied for one more day, dow gaining 140 points. S p climbing. 87 , nasdaq advancing. 59 , in anticipation of the Federal Reserve doing nothing tomorrow instead of raising rates, which had been the oddson favorite outcome, just a few short weeks ago. Sometimes when i hear about this endless parlor game of will they raise or wont they, i feel like we have to take a step back and talk about what were really about. Our core dna here on mad money, which is elevating companies as potential investments. Were about trying to figure out whether, after youve saved enough money for your retirement, using broad index funds, yes, i repeat, index funds are a terrific tool for all home gamers, there might be opportunities to augment your wealth at prices that we either dont deserve or are just plain
Over the next hour im going to take you on a journey that illustrates how russias confrontation with the west is spreading far beyond ukraine and flash points in donsk have set off a new cold war that sparked tensions ranging from Eastern Europe to the circle and president obama and David Cameron warned of a quote frozen conflict created by russia and Eastern Ukraine, canada Prime Minister has been more blunt telling russian president putin get out of ukraine but the message is clear nato has been butting in on the old spear of influence and moscow will no longer take it and will actively protect russian people and interests abbraked abroad but they have been on edge before the crisis of ukraine and a lot have to do with the energy and far north of the Arctic Circle they are competing for Natural Resources and polar shipping lanes with new urgency and yet what happened in Eastern Ukraine may have fundamentally changed the game. Today a new cold war is brewing. Its 10 00 a. M. On an aut
Here. That ipo pricing at 14 last night. But right now you cannot get it for that price because you can see there its up to almost 24 bucks on the session. A huge move day one for the Cloud Company despite vocal skeptics. Theyre questioning their profitability. This feels like the debates we were having back in the 90s during the dotcom boom. Im not saying thats the case here, but off booming ipo with people wonder wrg is the money right now. Another bombshell from the president s tax plan. President obama wants to challenge College Change i should say College Savings plans known as 529s so the gains would be taxed as regular income. Right now they are taxedfree as you know as long as the money is used for a childs college education. The president says these plans only help rich people not the middle class and we will put it to the test coming up on todays closing bell. This was all part of the state of the union. Making Free Community college. We have heard jeb bush and others say it
Velshi and this is real money. This is real money and you are the most important part of the show. Tell us whats on your mind, ali velshi or facebook ali velshi. Fracking, hydraulic fracturing. Whatever you call it, its a billion dollar boom thats adding millions to state covers. Horizontal drilling and explosive charge creates holes in the rock then a combination of water, chemicals and sand is injected into the well at high pressure. Trapped air and gas is shot into the well and sent back to the surface. Mission accomplished. On the flip side environmentalists have called attention to side effects like earthquakes and contaminated water among other problems. But lets focus on the money. You might assume people who own manned where fracking is taking place are enjoying a financial windfall. But travel to north dakota and youll see thats not the case. Many owners received a rude awakening when they discovered, they didnt own what was under the ground and found an oil rig on their prope
Velshi and this is real money. This is real money and you are the most important part of the show. Tell us whats on your mind, ali velshi or facebook ali velshi. Fracking, hydraulic fracturing. Whatever you call it, its a billion dollar boom thats adding millions to state covers. Horizontal drilling and explosive charge creates holes in the rock then a combination of water, chemicals and sand is injected into the well at high pressure. Trapped air and gas is shot into the well and sent back to the surface. Mission accomplished. On the flip side environmentalists have called attention to side effects like earthquakes and contaminated water among other problems. But lets focus on the money. You might assume people who own manned where fracking is taking place are enjoying a financial windfall. But travel to north dakota and youll see thats not the case. Many owners received a rude awakening when they discovered, they didnt own what was under the ground and found an oil rig on their prope