1st of 2007. ♪ hallelujah >> s&p up 1.8%. the highest finish since june of 2008. the nasdaq soaring 1.88%. its highest benchmark since the year 2000. ♪ hall lou gentleman ♪ hallelujah >> i'm going to get you to focus on what rel matters. i'm going to do a little, let's just say, heresy. that's right. we're going to examine the mental bankruptcy of the intelligencea. that's right. mental bankruptcy. how they somehow take it over the discourse causing many of you to miss some tremendous stock opportunities. first, let me give you some back drop. i've been at this game for an awful long time now. oh, and it is a game. i don't say that. i just -- we sit and parse like some sort of -- one of those bull sessions you had in college where you sit around and, like, you debate like, you know lennon. no. i got to tell you something. we got to stop this. we got to stop parsing. we've got to stop just acting as if there's some sort of academic exercise going here. there is a place where horse sense trumps intellectualizing. in fact, speaking of college, it's often a sunny corleone market. what did you go to college to get stupid? you're really stupid. see, right now the people will opine about all these political and governmental issues and they clearly went to college. they're proud of it. i'm thinking they went to college to get stupid. these intellectuals want to draw lynnal logical solutions about stock prices and draw conclusions from washington. take today's fed meeting. yes, i get that ben bernanke made some statements that could influence stock prices. oh, yeah. i'm sick and tired of hearing about this qe2, qqe3, and the impact on stocks. i'm disgusted of people trying to pin the tail on the fed. i'm bored by the parlor game of oliver twist or operation twist or whatever you want to call it. i have no desire to hang on the fed's every word. you know why? it's not really what's moving the markets anymore. oh, get this. it's not making you any money. it's a parlor game. we've been conditioned by the horrors in the last few years to belief there's some sort of great man theory out there, a great man that controls the markets. we parse all the words that come out of all these fed chatterers. especially ben bernanke. it's tenuous at best. yes, when we're coming out of the great recession, it made a ton of sense to look at every statement from the fed. it was great. you had your english to fed dictionary, like la ruse or google. back then we were right to be cautious and relying on washington. these days washington has been left behind at the station. that's right. washington has been left behind at the station. >> all aboard! >> there are millions of people and trillions of dollars on the sidelines waiting for ben to say, hey, guys, guess what, it's all clear. you can come out of the bomb market. you can go buy stocks. these same folks are waiting for the pundits to say maybe we don't need a qe3. maybe we do. side show people. side show. there's no bell coming from the fed. that's because close as it's going to come. it's got to come from you. ladies and gentlemen, this fed is overthinking washington jiberrish that's bringing brought to you by ivory types that are anxious to make themselves relevant to the market again. you know what they're like? they're like that north by northwest who says to cary grant on the road side next to that vast corn field, "that's funny, that plane is dusting crops where there ain't no crops." these pundits are finding linkages where there ain't no linkages. well, i didn't go to college to get stupid, and i know the smell of fertilizer when i smell it. the fed is not as much of a factor anymore. we are not in the great recession anymore. in fact, we're not in any recession anymore. we're in an economic expansion, and have you to break out the expansion playbook. i'm old enough to actually remember the 1980s. i went to the doctor to fill out that thing that said 1955. there was a cutoff of 1965. i got it. i got it because it's in my head. we had genuine growth with low inflation and other periods, and we got it now. in an expansion we should no longer be hanging on every word out of the federal reserve. sorry. sorry. it's just -- it doesn't work. you want proof? look no further than the fact that jamie diman raised his dividend big-time today and announced a buy back after the fed spoke. this was a total declaration by the bank before the stress tests were -- before we saw the stress test results, and, believe me, by the way, they always call jp morgan the bank. i know. arrogance. so what. this declaration is telling you something very simple that a lot of people never seem to be missing. it says focus on me, i'm a company. don't focus on the fed. consider what jm morgan did, and you think they can raise the dividend because natural forces for the market -- actual market forces are taking over, and ebanks are truly functioning. they're functioning like ebanks, lending money to profit and growing. not just like talking like the fed. that means there's going to be clambering for borrowed funds, and rates are going to go higher whether the fed likes it or not. the fed actually really -- they actually want them to go higher. or it wouldn't free jp morgan to give that buyback. they want them to be higher. they want the market to take over. they, too, want to have a back seat. they're probably sick of being talked about themselves. it's been so long since we had an honest to betsy growth in the economy and not the turb youo charged washington kind. one that's actually growing. we need to think about what's going when we go from low growth to midland growth other than geopolitically prices of oil. washington is -- remember in the 1980s and 1990s, it wasn't that important, and you didn't even have a correspondent down there. well, whatever. first, it means stocks go higher as people pull their cash out of bonds and investment. it started today. it can actually make more money instead of just hiding. that's what happened today. second, the fed becomes a side show. we know where we need to focus on their every word. i have seen tons of money made during periods of growth where we didn't even bother to parse the fed's statements. that's where we are now. stress test showing very few failures tonight. ebanks roaring back like the old day when they used to be leaders. third, it means supply and demand are taking over. like supply, demand, like commodities. when you see them go up, symptom blaming the fed. that's more of that ethey'ral intellectualizing nonsense. that's more like when you went to college to get stupid, stupid. it's not speculation. commodities go higher now because we need them. hey, like we need them to build things. fourth, it means we have to pay more attention to sustainable earnings because in an economic expansion, we're not on life support anymore. it's now self-sustaining. i got it. because it's almost the summer. felt like summer today. i'm going to use a barbecue analogy. the king spurs have caught fire. let the brickettes stay over. you can stay on the sidelines and worry about low volume. low volume. waiting for the leading intellectuals to clear the qe3, twists, or whatever they're talking about. it's over, and, you know, they can go be smart about something else. whatever people need to say to sound smart. or you can look at individual companies. decide what you think they can earn. buy their stocks because these companies are going to grow faster than the average company, and their stocks suffer less than the price to earnings multiple. here's the bottom line. i want you to stop waiting for this. [ bell ] >> stop waiting for the fed to tell what you to do. stop listening to pundits that act like they're the only thing that matters. project the earnings and dividends and figure out if you are doing better in cash or in individual securities. even though the media won't do it, have you to be more like jamie diment and declare your independence from the federal reserve. time to stop rending stocks and time to find the good ones, sell the bad ones, and do some investing and do it before everyone else figures out the beating they are about to take in bonds. it comes to stocks at much higher levels. [ bell ] anyway, let's go to jude in my home state of new jersey. jude. >> caller: hi, james. thank you for all your help. i have a question for you. >> sure. >> caller: is beam a good buy, and -- >> i just went through the comps this morning and was waiting for my traders. it was 4:25 in the morning. i did not brush my teeth with a bottle of jack, and i think the beam's quarter was excellent. why don't we take a call from jay in the illini. jay. yo, yo, jay. >> caller: yeah, jim. how are you? >> not bad. thank you. how are you? >> caller: i'm wonderful. >> did you do your brackets yet? >> caller: pardon me. >> i was just trying to get some bracketology. i'm running out of time. what's up? >> caller: your retirement from the cme. >> yes. saw that. >> caller: what do you think of the stock? >> i don't know, man. that one is too hard for me to call, and there's a lot of cross currents there. i would rather see you in a bank stock. that's what's working. bank stocks that pass the stress test. it's time to do some investing, gigz. we're done renting. there, i range it. "mad money" will be right back. coming up, fuel for thought. while oil is sky-high, nat gas is flirting with a ten-year low. could that fact give you an energy boost? cramer's earnings exclusive with clean energy fuels is next. and, later, drill, baby, drill. we're drilling in the sweet spot of america back and oil at over $100 a barrel, is anna darko poised to deliver slick profits? cramer's exclusive with the company's ceo is just ahead. plus, taken to the bank. the financials have already had a monster rally this year. is the run done, or is now the perfect time to make a deposit? cramer is going off the charts to find out. all coming up on "mad money". here's a chance to create jobs in america. oil sands projects, like kearl, and the keystone pipeline will provide secure and reliable energy to the united states. over the coming years, projects like these could create more than half a million jobs in the us alone. from the canadian border, through the mid west, to the gulf coast. benefiting hundreds of thousands of families throughout the country. this is just what our economy needs right now. ♪ [ male announcer ] offering four distinct driving modes and lexus' dynamic handling, the next generation of lexus will not be contained. the all-new 2013 lexus gs. there's no going back. ♪ ever since the beginning of the year one of my favorite speculations has been the natural gas vehicles plays. i know many of you are sick to death of hearing me talk about how nat gas is the best place for fuel. it's a cleaner source that has the added benefit of being cheaper than oil. particularly diesel. crude making a permanent home of $100 a barrel, and the price of natural gas -- by the way, ten-year lows always bumping along. it's smart policy. switching natural gas makes economic sense. here on "mad money" i have one goal, and that's helping you to try to profit from the stock market, and lately nat gas plays like clean energy fuels and have made people fortunes. the malgas fueling station company is putting on a network of stations all across america and making trucking quarters and giving you a 65% gain since we heard from its fabulous ceo just four months ago. up 6% since the last time we spoke with him less than three weeks ago, february 23rd. within the last 24 hours you've had some setbacks. last night clean energy fuels record a larger loss than anticipated, and the senate proposal for nat gas will help accelerate the revenues here, and did not get the 6 on votes required to pass. stock is down after hours, and it was down today in general. i think this is the perfect time to get a new reality check from andrew littlefare, co-founder and ceo of cleern energy fuels. welcome back to "mad money". >> thanks for having me back. >> the capital once again decided in its infinite ways that this is not an industry you want to help. isn't it time to just give up? why not just make this thing so the engine prices come down, you build things out because there's no leadership there that's going to support this thing if they didn't support it today? >> you know, jim, yeah, sure. i'm a little disappointed because i thought really for the american people -- not so much for our company because we're way ahead, but for the american people this was a good chance. you know, at one point today in the vote that just happened a few minutes ago we had 54, so we had a clear majority of the u.s. senate, and i will say i'm kind of bipartisan, and when at the saw they didn't get the 60 votes, we had 51 votes. sure, we lost today. this was the policy -- the only energy policy that really had a chance to get us off of some imported oil. neither is chesapeake and you saw the announcement of gm and ge. unfortunately, we are counting on some leadership from washington. we didn't get it today. it is impressive that the president has been out talking about natural gas for transportation, and, you know, yesterday and today there was debate on the floor of the u.s. senate, and we did get 51 votes, so i think people recognize that this is going to be the future. now, just, unfortunately, this group is not out ahead. >> how many of these people were against it because it's fossil fuel? how many were against it because of budgetary concerns? how many are against it because they're idiots? >> well -- >> sorry. i mean, at this point, come on. >> i'll let you guess on the latter. i think some were not for it because of the budgetary situation of the country. sfoo right. >> and didn't realize, jim, that there was a pay associated with this. this wasn't going to cost the taxpayer a nickel, and last night and today we were working it a little bit pretty hard, and a lot of them didn't understand that. that's unfortunate. i don't really think in terms of policy anybody in that dome is against natural gas for transportation. they understand it's cheaper and it's ours and it's domestic. i think it's unfortunate that somehow a bill to help move america's heavy duty trucks and fleet vehicles over to natural gas was ruled not to be germane on a highway bill, which is kind of odd. we needed 60 votes, and we didn't get those. >> i keep hearing that there's really nothing the president can do to lower the price of oil over the near term. andrew, if we had 1,000 natural gas stations and we were to switch from diesel to natural gas, which as you said, could happen very quickly and n the way we switch from oil to diehls, in 2015 our gas prices would be lower, wouldn't they? >> they would because for the first time you put pressure on reducing the imported oil that we're using, you know, as you know, 70% of it every day. we don't have to do that. sure, if we can show the world and opec that we're going to take care of our own business, it's going to put downward pressure on oil. absolutely. >> this has happened before. brazil switched to sugar-based ethanol and became energy independent. no one thought they could. they just decided bite the bullet and do it. who is keeping us from having the political will to make it so that we can take our fuel and be energy independent? >> you know, jim, really -- i know i'm sitting here with the capitol behind me. i don't think we have to wait for washington. you know, we had growth this last year of 38%. we'll see an even better 2012. you've got now major corporations, coca-cola and owens corning and ups and fedex, they're all moving this way. >> i didn't hear u.s. postal service or u.s. military. >> well, the military has come out with an alternative fuel program and, you know, working with the military is not that easy, jim. they have kind of a byzantine way they do things. the postal service leases out and they ought to be required to do it because they would save money. >> right. >> the private sector is moving this way, as we've talked about br. waste management is leading by example in the republic. 90% of the new vehicles the waste is buying is not natural gas. let's not get hung up and wait for washington. we're building it out. it's happening. gm and chrysler and ford are all moving this way, so this is going to happen. >> isn't the principle objection right now that there just simply aren't enough nat gas filling stations and exxon is not going with it. i don't know if shell -- you're really the only game in town, and you don't have the capital to put up 1,000 goings in the next 48 hours. >> that's right. we don't. we do have the capital. about $300 million on hand right now, and we're going to spend it. we're building 150 stations as we speak. you know, it's interesting that about 30% of all the diesel fuel for the trucks in america is fuelled every day right now at private flying j. they happen tore our partner, and that's where we're building these at 450 locations. jim, you don't need thousands. this is not a passenger vehicle play. this is a targeted fleet vehicle play, and so i was with jimmy haslem, the founder and ceo of pilot. he said you do 150 stations and get it going here over the next year, and you're going to make a big dent, and that's what we're doing. we'll do more, jim. i ask just see the handwriting on the wall of these big major companies that are moving this way, and we're going to have to do more, and we'll get the capital to do it. >> one last question. i know if you had a subsidy, people would just be retiring those bad trucks by days -- just by the hour. now can we reduce the price of these trucks enough that it's just an instant payback? >> yeah. let me give you this one, and i can't give you the name, but so one of the largest trucking fleets many america has just made a deal with our friends at navastar, and it hasn't been announced yet, and the incremental cost is in the low $20,000 range, so now, this fleet uses 20,000 gallons, so you'll get about a six-month, seven-month payback on that, and that's a no brainer, jim. >> that's enough to do it. >> that will do it, and we've come a long way from 65,000 now to 25,000. we're done at that point. >> you're absolutely right. you've come a long way. disappointing day, but, you know, your company is going to do fine without it, and andrew, president and ceo of clean energy fuel, clne, good to see you, sir. >> look, the stock is going to trade down because it's kind of inconceivable that this failed. but it failed. i think that this is a company that you buy because the country is smarter than its leaders. that's what's going to happen. business people are smarter than the politicians. clne gets hit and it goes back up. stay with cramer. >> coming up, drill, baby, drill? with drilling in the sweet spot of america back and oil at over $100 a barrel, is anadarko poised to deliver slick profits? cramer's exclusive with the company's ceo is just ahead. later, take it to the bank? the financials have already had a monster rally this year, but is the run done, or is now the perfect time to make a deposit? cramer is going off the charts to find out. all coming up on "mad money". today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. "for starters, it didn't cost me anything." "and i got a one-hundred dollar cash bonus for rolling over by april 16th." "i like bonuses." "plus at scottrade, there are thousands of commission-free investments