Protesters have created an opening for looters and police sometimes cant tell the difference between the two even from a purely business perspective, youd think people smashing up major retail destinations like the flagship macys would be bad for the stock market, right . Every time the market looks like its about to get clocked we get a stay of execution. Dow gained 268 points. Nasdaq advanced. 59 last night after president trumps fire and brim stone law and order speech, our futures plummet. Declaration of war replete with threatened deployment of the u. S. Army. Thats not the job, theyre war fighters makes you want to sell stocks for certain. Those futures looked ugly. All those images of looting didnt help. The futures stayed soft. I got up at 3 15 a. M. , expecting precarnage. Futures rallied again. An hour and a half later, the futures were up nicely you know what counteracted the pain a 4 rally in the german stock market with several of their borses not far behind. Yes, we actually sang to the tune of the german market. Ive been watching the rest of the world. Many of these countries are flashing bright green. We dont talk about it enough. I am saying the possibility of an aggressive stimulus in europe including the penny pinching German Government where they seem to be falling all over themselves to resurrect their economy by any means necessary is moving our stock market im talking about the incredible turn in china which has had an astounding 11 gain in utah owe sales. Thats gigantic for the economies. How about copper thats huge because copper is a tremendous mover of Economic Activity the biggest market in the world for copper is china. If the rest of the world is in better shape, that is fantastic news for our companies that do lots of business overseas. [ moo and you know what, it absolutely overshadows whats happening here the implications of chinas recovery are enormous. We may be having a real trade dispute at the highest levels, but it hasnd trickled down to american businesses. There was an upward about apple slicing prices for new phones ahead of one of chinas communist shopping holidays. I say hold your horses last time apple cut prices, it took a massive amount of market share. Ended up beating the Sales Estimates for the street [ moo could be happening again tim cooks impassioned plea for social justice st, we havent hd much from the company. However, like paypal, apple pay is benefiting for the detire for contactless transactions at certain Stores People are you can reluctant to hand over their credit cards or put their fingers on encrusted key pads the house of pain dont get me started on cash. The resurgence in the Chinese Market could be phenomenal for us nike gets aggressive spending in china. Have you thought thats why its at 100 i was less than thrilled to see a nike store looted in manhattan as you were. They have a terrific partnership with the Chinese Ministry of education. People in better shape are less likely to get sick or die from covid. Our country is going to janne and do nothing about lowering obesity. America takes a blood simple approach to these issues down here youre on your own our entire agriculture Food Industry is addicted to junk food i expect china to be much less cavalier about this kind of thing. I betnike will play a part in that what else . Ive seen some ridiculous misinformation in the last 24 hours about starbucks and how it lowered numbers yesterday after the close. Not true the statements which freaked people out knocked the stock down came just when things were stabilizing in the u. S. And picking up in china. Dont be distracted by the slow down, alleged slow down in our country. That was already in the numbers. Theres nothing new. Instead focus on starbucks china and its now competitor a fortune operation whose luck has run out. Chinas strength has a lot of ramifications. It can put a bid under oil it has, at 36. It can bolster u. S. Railroad traffic. All aboard. And most of all, a trade can go uninterrupted a few months. It can provide a huge spur for skukt companies. We have Marvel Technology on tonight. That thing has been a horse. China has given money to the 5g chip makers including marvel its not just marvel, though its skyworks. You know that one is so good co corevel. Qualcomm make we can count on boeing orders, caterpillar orders stock acts that way. Or even General Motors these are all laggards they can play catch up with the worlds economy. Dow is off 18 points and c. E. O. Came on the show when the stock was 22 and made an incredible call and said it was time to buy. Even with the auto exposure, auto sales can pick up as refining yes, when you see those spectacularly strong pmi nerves from china when you know someone is getting big orders from america who does business there, whether they like it or not, its going to be dupont. Hey, by the way, we fret so much about teslas american orders, maybe we should be focusing on the shanghai orders as thats where the money is going to be oh, and alibaba had a tremendous quarter. You might have missed it if you were worried about u. S. Legislation, reigning in chinese companies. Alibaba in china has impeccable financials after the 4 run im telling you alibabas quarter isnt reflected in the stock especially after another chinese play reported spectacular Revenue Growth by alibaba. As encouraging as china might be, its europe i find really surprising its been a dog day since weve heard anything good out of europe now the European Central bank and german chancellor Angela Merkel are out doing each other. The germans are always worried about inflation. Right now i think theyre looking at us and theyre more worried about unrest if they dont spend a fortune to get the economy moving again we have become what Everyone Wants to avoid before the e. U. s economy of 800 Million People used to matter, can you imagine if it actually took off . Can you imagine . You should because it has, which is one reason why we suddenly have a weaker dollar so many of our companies have had to adjust their numbers down over the years because the dollar has been too strong now that u. S. Interest rates are as low as europes, our country is no longer being flooded with european money and the dollar can go down. In short, europe has a pulse and its pulse is loud enough to impact our stock market. I cannot recall when thats been the case maybe since 2011 when they decided to save the darn thing all that said im not trying to be a pollyanna here. United states is in a bad 1309 we have a massive unemployment problem. Some of the hottest trends in our stock market look long in the tooth. For now there is a meek rotation, a dead issuance, were getting equity issuance. Weve had a run on auto related. Thats china, not the United States bottom line, our market was sachltd by strength overseas the first time in a long time. China and europe bailed our stock market out i say, who cares ill take it why dont we go to elliott in new york, please. Elliott. Caller jimmy, how are you . I am good, elliott. How are you . Caller im doing well. I want to thank you for the nuts i want to thank you forfang. On a day like today, i want to thank you for the covid19 index. Well, thank you thank you. Were trying look, were trying to explain to people why the s p is not reflecting whats going on its because some of our companies are built for this moment how can i help caller so, i have a stock, its trading for about seven times p. E. , appears to be trading two times over that. 5. 8 yield per the last conference call, the company experienced a massive surge in direct to consumer ecommerce because of covid. Theyre one of the topselling brands on amazon their products are sold at all the essential Big Box Stores sears, home depot, lowes. Arts and crafts projects from home, kits current 1990s fashion trend. Lets not forget the number 23 himself, Michael Jordan with the last dance jimmy, what do you think of this Phoenix Rising from the ashes, jimmy chill, im talking about hbi. You know, it is time. I said no at 20. I said no at 15. Im going to go with it here i think youre right i think that its going to come back along with a lot of the other consumers. I like it. Its a good call elliott has horse sense. Why dont we go to brian in new hampshire. Brian. Caller booyah, jim, from the granite state. You bet, man. Whats up . Caller my question tonight is as extra seneca it has its feet wet in a potential virus vaccine. It has more going on this week with limparza. My twopart question, is it a good time to invest more in astra seneca do you see real Growth Potential in the next six months to a year i have to be impressed. I think you can say, jim, where were you last week this thinghas had a very big run. But it has got it has a lot of things going for it just like you said it only has a few percent yield. Theyve done remarkable things i cannot believe this company has made such a comeback how do you like that the oncology, i watched the stuff from this magazine, online magazine called stat. I thought astra seneca was the most impressive thing i saw. Whenever we think the market is going to get clocked, what do we get a stay of execution. Today our market was saved by strength overseas, particularly europe, but also china on mad tonight, were explaining why certain stocks actually have captured my fancy for you. Then demand for an rvs is high at dealers across the country as americans look for alternative ways to travel and also social distancing im eyeing the bull market and seeing the space as more people work from home Cyber Security is than ever ill find out proof point can help so stay with cramer. Announcer 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 ado dmeyething he tmaon. Cnbc. Com. Yes. The first word to any adventure. But when allergies and congestion strike, take allegrad. A nondrowsy antihistamine plus a powerful decongestant. So you can always say yes to putting your true colors on display. Say yes to allegrad. Were committed to makingrs college more affordable. , thats why were keeping our tuition the same through the year 2021. [student] i knew snhu was the place for me when i saw how affordable it was. [narrator] find your degree at snhu. Edu. Whats the safest way to own the oils now that the price of crude has gone full circle, negative 37 at its lows, to almost 37 today . Its highest level since march. [ moo i have serious longterm reservations about the oil stocks ive said endlessly there are only a handful to endorse. But every time i say that peoples eyes glaze over heres the deal. Most of the oils are too risky for me even with this incredible break out in the price of crude. Younger investors think the companies are destroying the earth. Now that coal has disappeared, oil is next. While the short term future belongs to fossil fuels, and i admit that, the longer term doesnt and we finally have gotten to the point where that matters in the stock market. Thats why im only willing to recommend the best of the best the oils are something really special going for them you have to know this is about suitability. Everything else is simply not worth the trouble so let me take you to the ones that work. Many are drawn to the oil stocks for their dividends. I say dont be stupid. There is only one highyield oil producer that i trust and that is chevron if you go over the last quarter c. E. O. Mark worth talked about preserving the pay out and he has the cash flow to back it up. It has a 4. 5 yield. He walked way from the bidding war with occidental over anadarko it wrecked the dividend and trashed the Balance Sheet. What about the skyhigh yields for the limited partnerships many of those are illusury as for the other big producers, i think its nuts to change their dividends, especially after royal dutch slashed its distribution after many years of assuring us it was fine. Chevron is the only one i have confidence in. Next up, great management, lets go buy Pioneer Resources run by the legendary Scott Sheffield who has been a guest on the show. It hes the lowest cost, 500 per acre in the region where people pay many times that, with 10 billion barrels of oily equivalent reserves put another way, those costs come to 4. 80 per barrel so big gains even at 37, right a lot of the shale lose money, but pioneer is doing fine. Im worried about the dividends of the majors. None of them have pioneer. They would have snapped this up a long time ago. What if youre drawn to growth im going to give you two larger growth companies, Eog Resources and diamond back energy. It has taken it from 36 to 8 riggs. They intend to take it to 6 the rest of the year eog has been more disciplined in the production place its rare to get the stock this cheap. I think its ridiculous. Eog will do better than its peers, still give you above average growth a for diamond back, fang, wall street was disappointed by their production numbers and their cuts to exploration. But i expect them to surprise on the up side anyway in the second half they have cut costs to the bone. They still have 3. 3 dividend, by the way its a higher risk story let me give you my personal favorite oil name, parsley energy, pe it hit its earnings targets and declared it can raise production to meet the Higher Oil Prices weve gotten lately. Parsley is committed to being responsible. An operator, a rarity in an industry that produces spectacular amount of pollution. Go with the best of breed. Chevron, producer with the best assets pioneer growth names with disciplined eog or diamond back or stick with my personal favorite, your 10 parsley which made the numbers and should be able to beat now that prices are up. Everyone else in the oil patch, hard pass. Mad money is back after the break. Need better sleep . Try natures bounty sleep3, a unique trilayer supplement that calms you, helps you fall asleep faster and stay asleep longer great sleep comes naturally with sleep3. Only from natures bounty. Were always on the Hunters Point for bull markets even in the unlikeliest of places right now there is an incredible stealth bull market in the rv space. I think it might be a little too late to invest in these stocks we dont know how long the recession will last or the covid problem for that matter. Its worth understanding how the stocks have caught fire during a very difficult period for the economy. Make no mistake, these things are red hot. After getting slammed being in the lockdown, they come back with a vengeance makers of recreational vehicles are up more than 175 from the bottom and 243 respectively hallelujah. When you zoom out and look at the parts like Lci Industries, a got a question on that the other day. Its up 4 it caught my attention camping. Witness the incredible run in encampmentping world holdings. A major outdoor retailer that does business in the rv category with a stock thats up nearly i know you wont believe this, but its not a typo from me 580 from march. 580 thats not really a rebound. Its up 63 for the year which tells you the covid19 economy is a pronounced economy for these guys house of pleasure whats going on here . The whole rv industry in 2018 nose dived that was the beginning of a tough period for the camping space. Suddenly this group is back with some truly wild rallies off the march lows i have to admit i was hesitant to recommend it at first because rvs could be trusted i mean, my bad i was worried it might be a dead cat bounce or another zombie industry that would have trouble finding its footing in this new shelterinplace economy however, over the last couple of months we got points that suggests camping is back in a big way. When you think about it most forms of recreation are unsafe right now. Even in statements where the economy is reopened, reopening is being rolled back by protests say youre going across the country. How do you know the hotel youre staying at is covid free airbnb camping is the perfect covid vacation not only do you finally get to go outside after spending months cooped up indoors, but you can still practice social distancing, especially if you have an rv one of these things lets you shelterinplace and travel at the same time. It was made for this era so maybe it shouldnt be surprising that the industry has caught fire in recent weeks. In the middle of may, a trade publication called rv business published a piece noting that rv manufacturers were ramping up production listen to this a surprise in retail orders as the u. S. Public seeks to get back some form of normalcy in the wake of a lifealtering pandemic a fact that has been enhanced by a continuing upswing in new retail prospects interested in the social distancing and general control that rv travel offers in a changing world, end quote. Its ideal then the very next day, the wall street journal publishes a piece saying rvs are the safest way to travel. We have been flooded with new inquiries and an unusually high longer rentals lasting one to three months in duration now, if you cant go to work and youre going stir crazy, this is clearly the way to go. Its a lot safer than hitting a crowded beach or taking a cruise im thinking 2020 could be the summer of four industries, the one you may actually know, a bunch of them, you know airstream and winnabego. Campgrounds of america which may or may not have been sponsored content. You know the ads that look like normal stories campgrounds of america, koa owns hundreds of campgrounds in the u. S. And canada. Theyre saying recovery is already here may was down 30 , better than 60 in the hotel industry, the july and august bookings are currently down just 15 . September, its up 50 50 percent versus last year it seems like the v has arrived probably because competing forms of recreation are all considered to be unsafe plus, i cant blame anyone who wants to spend time in the country side right now do you really want to take a trip to one of these big cities . Heres another piece of the puzzle if youre having trouble believing in this rv resurgence, we have lots of ways to check things out on mad money. We checked out google trends where they analyze the top search queries the search for rv ren