Which is much less devastating than a burst bubble. One thing right now tao plummeting and nasdaq down 52. 3 . We actually finish even lower. It had been the opposite pattern. Boli action on the other hand is when you go straight up and then straight down but the only rescue being bubbles in 2006 and 2007. A ton of toppy action. Dragging down an entire group of investors. Most of these people never came back and in 2007 we had the bursting of the housing bubble. Nobody ould give anybody a mortgage because they were getting them to third parties. Then they rolled them into height the risk. What happened we had a financial crisis that nearly brought down our entire economy. The first one, destroyed confidence in the stock market and the second was the stomach. Destroying major Financial Institutions are leading to the great recession. That was truly a horrendous bear market. Right now we have nothing like that but i will admit though market feels toppy which is worse than fluffy and therefore not great. What is the problem here . More accurately what are the problems . The stock was down and i was one of the magnificent seven. With any other company we call this a disaster but tesla gets a partial pass because of elon musk. Chinas automakers are decimating everybodys numbers all over the globe and they are hurting tesla. They also just got hit by an arson attack at the plant in germany. The competition for china is a serious problem but now you cant kick these cars out. If youre trying to compete with them forget about it. Making matters worse they are taking over the world like we thought they would. Even with bidens subsidies. If trump wins it is not a great time to be a tesla shareholder. Even though i still believe in elon musk and something that can happen. The second sadly is apple. Knives are out for this Company Every day now. We are hearing from a questionable source that there phone sailor 12 down in china this year. On top of the samsung with more ai and used infused phones. People are costly predicting apples downfall and shortterm the negativity can really hurt the stock. I always say own apple, dont trade it. It is too hard to sell and buy back at the bottom but if you can pull that off be my guest. I have made very, very big money by buying and holding. I am not changing now. Could go to 160 . We had ceo at the end of january and two weeks later it hit double. That is a power move in those moves are terrifying. Terrible timing for the s p last week. As people tried to get in a head. That is idiotic behavior. The supermarket did not deserve this move. Within in a price offer is a segment called dev sec ops. That is the hottest Software Segment there is. And getlab is the poster child with big Artificial Intelligence tying. They badgered to know unveil and were not even say it was conservative. And the stock fell more than 20 . I am surprised it did not fall more. Snowflake who lost their ceo last week to 34 stock goes to 136. Had big quarters with no resignations and their stocks are still being hammered. Because the whole group is going out of style rapidly. Then there is a Company Called celsius. Heavily shorted stock. They put out stories arguing the numbers werent real. So the stock fell. It caused a quick and terrible panic. But it wasnt enough to keep the stock down. Next thing you know there of 20 points. More toppy target had inventories down and they are winning because they are embracing the cheap drones and then there is the action with bitcoin. As long as people thought that quinn would be used to buy things and pay people there was a ton of mortality volatility the bear did not understand that when bitcoin some kind of a currency it would become more popular and thats what happened. Notice the nft is, whatever those were. Of course the move in bitcoin has hit it old high but you have very smart people like the ceo of micro strategies selling 600 million in convertible bundles to buy more coin. I always find it curious when someone announces their intention to buy things it is kind of like they want to walk it up or something. Against all the signs of a top what do we have aside from the rotation . You know the answer. I am not oblivious. We did have crowds report after the quarter and this one went up way too much for my taste. I do not like stocks that scream that because they can be powerball it power bolic and be good. Toppy action only ends when they get to everything and everyone and that does include nvidia. And that is the real oddity. It doesnt matter when the market gets toppy nobody needs a reason to knock down highflying stocks. It happens all by themselves. Mike in illinois . Jim, how are you . Trying to figure out a very difficult market all of a sudden. How are you doing . Thank you to you and all the crew for all you do for us. I am a club member and i have been watching for many, many years. I won on the close a little bit today but i was wondering if i should buy some or if it is down again tomorrow. Jeff and i were talking about buying more eaton but we wanted to come in a little more but i think you should wait when we do. It has been a real winner and thank you for being a member of the club. Lets go to jerry in missouri . Jim it seems that if a company has anything to do is elect vehicles the stock is cursed . Yes. Even though the best selling car in the world is the model y. I know that is why hertz is in the tank but is hertz a broken stock or a broken company . I have great confidence in the cfo at goldman for a long time and did a fantastic job. The stock is very daunting but the company is in and it is a great brand name and it has come down so much that i think it is tempting but i know if you fight the tape, your own peril right now in this market and i thank you for the kind words. When the market gets toppy nobody needs a reason to knock down highflying stocks. It happens all by self. The surgeon around Makeup Products is an oddity. I have the ceo. How worried should we be . Im going off the charts to find out and it is concerning. I have a off the tape Company Whose name you might not recognize that i am finding out if they have a growth strategy. The ceo of arbys. They own Dunkin Donuts too. Stay with cramer. So this is pickleball . Its basically tennis for babies, but for adults. It should be called wiffle tennis. Pickle yeah, aw whoo these guys are intense. We got nothing to worry about. With e trade from morgan stanley, were ready for whatever gets served up. Dude, you gotta work on your trash talk. Id rather work on saving for retirement. Or college, since you like to get schooled. Thats a pretty good burn, right . Got him. Good game. Thanks for coming to our clinic, first ones free. Is it possible to count on my internet thanks for coming like my Customers Count on me . It is with comcast business. Keeping you up and running with our 99. 9 network reliability. And security that helps outsmart threats to your data. Moaire dida twoo . Your data, too. Theres even roundtheclock customer support. So you can be there for your customers. With comcast business, reliability isnt just possible. Its happening. Get started for 49 a month. Plus, ask how to get up to a 800 prepaid card with a qualifying internet package. Dont wait, call and switch today here is a recent oddity that found putting. Over the past couple of weeks this thing had rallied roughly more than 20 from its mid february slows. It took a clobbering afterhours trading. The reaction to this one tells you a lot more about the market right now, not about oddity. They delivered a 5 earnings and that is higher than 44 year over year but management was considered to be not perfect so it is better to be been expected and the full year earnings forecast is short of expectations but we are in and unforgiving mood right now. In response we had afterhours trading any not i think its crazy the strength of the numbers here but dont take it from me. The cfo of oddity tech. You are a seasoned pro. I welcome you back to mad money and maybe you can explain to people that sometimes a great quarter is what people should be thinking about and not necessarily a penny or two on the forecast. Jim, we are here to build something huge. We are not concerned about one aftermarket reaction which was an unbelievable outcome to cap off an exceptional year. We delivered 50 Revenue Growth at 20 adjusted margins and beat on every single line effectively revenue probability and earnings per share. That result on their face are excellent but when you look at other direct to consumer to companies we are absolutely an outlier and we will continue to outperform. I am glad you put it that way because we are in an uncertain market and what is happening is one of my friends the stock is up 70 because they didnt have a shortfall. Youre delivering good numbers. They say you know what, like health that fell because you did have a gross incredible basis port year over year nobody has that. That is incredible. Our business is truly firing on all cylinders and this is just for now. Financial performance right now is amazing but as you look to the future we are even more excited and focus on the two most important dynamics affecting what we believe and what we look to the beauty sector a lot. The two most important trends, with oddity labs. I have a fashionista daughter and i said how about these guys . She said her and her friend both love the foundation and concealer. The online matching works perfectly. These are people who would love to be able to buy the absolute best and they think that you are the best because it works scientifically. How is that possible . The beauty category had always been underpenetrated online if you talk to the companys say the customer doesnt want to shop there. The sheath is a customer does want to shop there but they need help and what we have done is have a store associate who helps you we have machine models that do that for you and that has been the huge unlock for us online. Figuring out how to leverage data science, ai, computer vision, all to drive a very profitable conversion and growth. For years and years, it is unfortunately doing unfortunately, estee lauder. Are they not keeping up with what you are doing . Over years they have built an extraordinary business and they are running a old playbook. We believe the consumer has moved past. This is part of why our opportunity is so attractive. An enormous Global Market that is dominated by legacy incumbent that have under invested and the consumer has moved past. We see so much pentup demand that is what is driving her incredible growth. Some people say we are worried about a big block of exploration. You have a steady share base. This is again why i am saying that this night selloff may not even exist. It may just be someone, i saw celsius get knocked down hard and their stock went up 25 points over the next three days. I am urging people to put away the short term. You have a longerterm game can you please explain what the notion means of the algorithm and the operating limits. That is not our focus. We are here to build something for the very long term that continues to compound durably over time and generates an extraordinary amount of value. We are not focused on that we are focused on executing. To our algorithm we committed to sustaining toptier and outlier compared to what other companies are a real able to deliver. In 2024 we are working two slightly ahead of that at 22 to 24 . I think it is fair to say i want to measure you that by. If you were to come in and say midteens i would say lindsay, that is not what you came on the show and said. That is why i want to analyze your company because i would have never caught elf, if they kept saying they dont have it. There is room for both. Name me a stock that is of extraordinary value that hasnt had moments where people doubted it. If youre paying attention every single time we have reported a quarter we have beat across our metrics. We deliver what we say and we will continue to do that. Fantastic. You come here on an important day because a lot of people are unsure now what to do and i am saying please do not take your shortterm action whether it is up to 50 or down 50 is probably wrong right now. I want to think Lindsay Drucker mann , oddities global ceo. The people you know love this stuff. Be back in a minute. Is this months market going out like a lamb . Dont be sheepish. Join cramer as he goes off the charts. Next. Rylee from rylees realty hi this listing sounds incredible. Lets check it out. Says here it gets plenty of light. And this must be the ocean view . Of aruba . Huh. This listing is misleading. Well, when at t says we give businesses get our best deal, on the iphone 15 pro made with titanium. We mean it. Amazing. All my agents want it. Says here. inviting pool. Come on over too inviting. Only at t gives businesses our best deals on any iphone. Get iphone 15 pro on us. there are some things that work better together. Like your Workplace Benefits and retirement savings. Voya helps you choose the right amounts without over or under investing. So you can feel confident in your financial choices. Voya, well planned, well invested, well protected. Even if you live in a bubble, you cant stop workplace accidents. So talk to your agent about workerss comp insurance from pie, or visit pieinsurance. Com. Safety first, then pie insurance. Your record label is taking off. But so is your sound engineer. You need to hire. I need indeed. Indeed you do. Indeed instant match instantly delivers quality candidates matching your job description. Visit indeed. Com hire had a we approach this market. There is a lot of small unit combat held by a fed official warning as we may only get one recut this year. It was not too long ago they were looking for three gate cuts. The fed has no reason to even think of local rate cut which is bad for the market in the short term. So lets talk about the midst of a selloff. What is next . How worried should we be . Depends. He heard what i said at the top but another way to answer is the help of larry williams. A legendary technician. The best in the business. Written over a dozen books. Larry has also made some sending calls over the last few years. What does he have to say about the current moment . Larry has been so bullish. This will be hard what im about to tell you. Every time the market has got hit he urges you to buy stocks. You recognize that because we were in a variable market. He knew that was in charge and an identified patterns that attend to repeat themselves over and over again. They had moments when the market was able to change the trajectory. We have been worried and the cycles are looking a lot more negative. This time it could be perfect but he has been warner. The cycle is so unpredictable. It is impossible to be right all the time. You just want to make fewer mistakes than the other guy. Lets start with the daily chart of the nasdaq. The red is the general path that the index has followed for several years. That is the cycle forecast but as you can see, this horse oracle pattern if it holds true we expected to peak around march 15th. Of course theyre not saying the nasdaq will actually peak. The precise day they cannot identify that that is not how this tool is supposed to be use as williams explains these are mere like traffic lights. When it is had higher that is a green light and when it is lower a red light. I find it helpful. It is showing us where Something Like the nasdaq has interchanged its trajectory and direction. If you took your q from larry you couldve sidestepped the big decline last summer through late october. That is when i started. Again that is exactly what happened. I dont know how this methodology works but i cant deny it works. Itll work every single time. Like i said, bitcoin didnt work. Fortunately it doesnt tell you much about the magnitude otherwise judging from this picture you think we are in a hideous decline but he is reliable when it comes to protecting the relation of these. Just dont buy in a first or second it. This has had a huge one and it wouldnt shock me that needed some sort of breather. I want you to not rush and to the first pullback. I think that is what matters to you. Be on the nasdaq, lets take a look at the cycle for the s p 500. Notices picture looks a lot like the picture of the nasdaq. This has been good at predicting your immediate tops and bottoms. The s p 500. And the cycles are saying that is likely to peak around march 7, that is thursday. These dates remember, arent meant to be super precise beauty give a take a couple days. Just like the nasdaq williams says you could expect multiple units of selling. Do not buy this dip and this one. Larry watches the show. What you think . Gives you a better sense of the market. The stock held in today great. Its newly crowned Artificial Intelligence with this is one of the biggest winners for the travel trust which is why tell you to just own and dont try to treat it. I acknowledge it is a volatile stock keep in mind you are being undisciplined if you do not take something off the table. So i am not telling you that you have to do nothing that other just own it. Take a look at larrys cycle forecast just like with the nasdaq and s p suggesting it should peak a week from now on the 12th. That is right before the gigantic state of the union speech. It does not see the cycle turning positive again until midmay. I dont necessarily think nasdaq is due for that. We know one can sell off when the market goes south. I love nvidia too much to back away from them. You have to understand they get hit with some nasty shortterm turbulence. We are maintaining our position for the travel trust. Of course that is part of the investing club but we are also investing club members who want to sidestep the decline theres nothing wrong with it. I get if you want to try to sidestep this and believe in this you could get a chance to be able to buy back cheaper and im not what you disagree with that. Here is the bottom line. Larry williams suggests they are both due for a selloff in the next week or two. Since we are at the beginning of march to may that is a very long time. Gracious off what could be a very difficult period. That doesnt mean they could never go down. Lets talk to zachary in new york. Zachary . Hey. What is going on. This is kennas. I was just wondering my stock or call the Earnings Report is supposed to come out next week i was wondering what your views on that dock was . What was the stock . The last two quarters have been miserable. Maybe this is the one that works out. But they have just disappointed. You only get twice with me. Is a two strikes you are out game with me. I cant hate. Larry williams suggested the nasdaq and s p are due for selloffs in the next week or two so i would say brace yourself and if you want to take