Where the dow sank and its 5. 9 percent and then 8. 4 percent and its the the best thing to watch this play out and in other words, it makes sense but only for a few days before the market loses interest. Consider for weeks the market despises and then they were low. The market hated them and they were over sold and kept ongoing down and down. And out of nowhere a couple of things happened and then things that determined the stock prices suddenly changed the view from bear stock to bullish in the blink of an eye. For starters General Electric for a one two punch and got the endorsement of a famous investor and the only one of his kind if you followed him, youd bead the market even if you bout the position after it was announced and after it spiked and he got involved buying a ton of stock. Last friday ge reporter had no flies and thats up. That was the signal that theres now an appetite for these, and theyre getting more more months. Since then we have seen you United Technology and then the d disapointing announcement and then it went higher. Only ppg was included to be expe expected and both roared ahead and thats the reinforced beat and even up here and look my job is to pull back the curtain and explain what is happening in the stock market and it worries that its by the Federal Reserve system and whats been the benchmark and they would say 12 percent in the s p and owned eight percent. Its many and now just now warming up to the notion that china is improving. We know that both have gotten stronger and the kpie knechines consumer is starting to buy cars again and then all of these are making them frantic. Frantic in the efforts not to miss this bullish reranking. They want in and at the same time theres now a sense of hatred in the drugs and health care stocks. Its companies that are so consistent. Think that the money thats coming into the industrials is going out of health care. Were going into an Election Year and at any time nobody wants the politics as the drug business. So the Companies People identify with dramatic increases and drug prizes i want you to think value wise and theyre being trashed almost daily. Turn the performance right into tonight and it took my breath away. As a short selling research compared to eron and the stock at one point was 60 from its 150 opening price and closing down to 28 bucks. It was one of the scariest that i seen. As long as theyre in disarray, theyre whipping and hillary and the democratic nominee is an opponent of higher drug prizes. This group is done and finished and left for dead. Its going to be difficult to get sustained upside here from the formulations until the bottoms by the way and then for good. Let me get a big one and then they both have to happen. This group may not be able to stabilize. Meanwhile theyre flooding at oil stock and i mentioned them at the same stock and its good for retail and it sure does not plan out that way for a moment. We know the oil one continues and bigger for the inventory and i barely had the increase of the driving and then at the same time the Prime Minister has killed the pipeline on his end and then as chip told us many of the Companies Big and small are running out of money and unlikely to get the bank money. The saving grace here is taking over the backers and this oil is making competitors and the stocked owned, and i think that its bottom. Its a disappointing one tonight could put a little but in the group. I expect all of the ml ps to trade down. Even as the Oil Prices Get slammed, something that leads to slow er gasoline price. Theyre cutting right into the bottom line. The whole group got crushed and theyre so lagged. The problems will be fleeting and you wont get a bottom over night. Theres too much stunned money in the name. It did not help that walmart slashed the earnings part because of the labor cost. The problems of walmart are not just spilling over o. Believe me if walmart were planning to give away the foods, theres too much over lap and tech is hard. The high value stocks have been ruled by the market and its taken anything and something that shareholders will discover after todays quarter and shareholders discovered when Morgan Stanley took twitter to an outright sale this morning. The growth and the expansion have ran into a wall and the Consumer Reports and netflix is dropping. That was a leader and it was the domestic subscriber. Theres some joy in techville and today is no different and then jumped on the core and then consolidated and the capital business. Not all of these are working in tech. Dells look stunded because the business and the one fast growing, seemed to have hit a wall. However, after the close old fashion texas blue away the expectations, so who knows. We know the market likes the noncontroversial and there are not many places to find it. Theres traditional growth and think about starbucks and facebook they continue to be loved and then the growth coupled with the others and then clorox and kelloggs and then a fabulous quarter by an environment that people seem to change diapers more often and have more kids too. Then the financials for a tough group. They think that travelers is gorgeous and a bunch are are doing well too. They think that theres no traction. Look no further than american express. Bottom line is that the views are breathtaking. Theyre giving you many sleepless nights. Everything else is just a rolling bear where you might get malled and might depending upon the day. Terry in washington. Terry jim, got a couple of questions on white wave verses hanes. They just got downgrade. What is your favorite of the two. I like them both. Thats the travel trust. They got downgrade and my thesis is twofold. It can be acquired or growing well. Thats a lot of the plan base food bank. Both of them are buys and i do not think that organic industry is a craze. I they its here for a long time and respect the fact that its to be sold. Think they she is wrong. Maybe she is right. Stephen in maryland . Hey jim, how are you . I am great. Thanks for taking my call and the advice that you provide. I want to ask you on the stock that does not get much press they seem to be doing work all the time and had a good report and a wild ride today and in a longer time i want to get your opinion on china and that. You know i have not looked at it lately and do not know the break down. I know that they make the stuff that goes in homes that i like. They have a commercial heating and water heating business. Thats been slowing down. Let me do more work, and i will come back to you. Some of the moves are great before the market moves over to the next mauling turning plastic into cash. Can it continue to keep the profits fresh. Sn. Now is the chase to buy the stock . I am taking the company for a test drive after the full day of training then chiptole lost its spice. Is is it temporary . Youre not going want to miss it. Dont miss a second of mad money. Have a question tweet cramcramer madtweets. Send him an email at mad money at cnbc. Com or giver us a call at 800743cnbc. Miss something head to mad money at cnbc. Com. vo what does the world run on . It runs on optimism. Its what sparks ideas. Moves the world forward. Invest with those who see the world as unstoppable. Who have the curiosity to look beyond the expected and the conviction to be in it for the long term. Oppenheimerfunds believes thats the right way to invest. In this big, bold, beautiful world. Look at upper ware and after spending the past couple of years in the dog house, they may have finally gotten the groove back. How did they lose it in the first place . Well, it means that its really gotten taken to the cleaners by the super strong dollar, and it seem that is they finally adjusted to the Foreign Exchange issue. How do i know that . It delivered an earning off a 71 cent basis and then a local currency and as they were down 11 percent in dollars. They are coming back and Asian Pacific is doing terrific and china at 18 percent. Overall theyre emerging and increased by 20 percent and the north american is on fire. No wonder the stock is up today. Lets not forget that its a share friendly and a company of buy back and going to a nearly five percent yield and its more room to run. Earlier i got to check in with them and hear more about the quarter and the companies prospec prospects. Take a look. Rick, give us a blow out and this really was a new product and china and just a kind of a moment in time. How did it happen . Well, i have got to say fist that we have an attitude. Every Business Model works until it does not. Our guys keep on leaning into it, and things came together this quarter. It was nice to see. This number and everyone is saying that theyre not buying. Maybe theyre not selling the right stuff. That has part of it to you. China is five times the size and 10 trilli 10 trillion. Thats more true than ever. Absolutely. Interestingly we have this happening and theyre going to be 50 percent of the workforce by 2020 and 75 percent by 2025 and 58 percent of them want not work 9 00 to 5 00. The traditional workplace is not theyre cup of tea. So youre telling me that the average age of the reps has Kate Middleton down . Yeah, significantly. Really. I dont think that people know about that. We started really doing research and what are the they looking for . They want purpose and when taylor came out there and took on apple, she did not have do that. She did it for everybody else. Were attracting a lot of the people can and the wlohole con Septemb Septemb concept is sticky to them. Move the sales come from innovations that you you come up with every single year. Yeah, interesting. If you look back when i joined the company, we were 85 percent food storage. We have a category called food preservation and its about 25 percent. Our new Product Program is what we focus on most of the time on. Were the number one seller. The cook books in france and a cutlery company. Thats food prep for business working woman. Thats what its all about. A bit of the strange numbers and then the currency. I had expected europe to be stronger and you have a great presence. Well, they have something to worry about and i am part of this and the conference of the european leader and theyre getting older. Theyre not producing enough jobs. When steve jobs launched the phone here, he had a market of 300 million. Over there look at what happened and they had to get registration in 40 different countries, so i think that were navigating through it well and europe feel good about it. They have them too. You have been terrific in the pipeline. I notice av skparks theyre burdened by a lot, but at a certain point, dont you want to put it through yours . No. Thats not a thats a no. We have wonderful beauty business in markets. And you dont need that. Thats rick and ceo of tupperware. Coming up what is cooking . They have lost a cinch of sizzle of the dispinting results. Is there spice left in the stock, or has the flame been turned down . Dont miss crackers take. Mers t. Today we saw a ferri and the highest of the high and now trades under the fabulous symbol race. Race. Theres a lot of excitement when people get the chance to buy the shares for the very first time. Its not a surprise that the Stock Holding is 5. 8 percent today. However, before you buy this before youre in love with the beautiful cars, i think that its worth taking a look under the hood in order to see what youre really getting when you buy the shares that we saw today at the exchange. We know that they have a descent size race car and in addition to selling cars, we know that the company also sells engines and branded swag to capitalize on some. And perhaps the most important part is not what youre buying with this, but who is doing the selling. Sell sell sell. Sell sell sell. In this case they belong to fiat and chiseler. They have the missing ten percent being sold to the public. They have been in charge here and this is only the first step that result in the complete separation from chrysler. We know that theyre an operator and theyre spinning for two reasons and the performance is lagging under the less exciting brands and mainly because they believe that they can get a higher evaluation as aa company. Makes sense to me and that could be the case. Now, when they build a car, its about performance. What about the performens of the company. When you look at the numbers here, you would be surprised and sure theyre reshted and 18 percent and 2014 and the sells were basically flat in the first year of 2015 and as the net profit increased in the same period. Lets think before that and sells and earnings do not tell a story. It increased to 755,000 cars. Its declining before and the First Quarter only shipped 1,635 cars and down 5. 6 percent from the year before. They may not mean what you think, because theyre not like auto makers. The company flat out says that the man out did the supply and they plan to keep it that way by limiting the you supply of new car that is they make. Let me read you the part that i think really helps you. We believe that waiting lists have promoted the excepts accordingly we monitor and imagine the waiting list to maintain it while ensure thag we do not jeopardize and they try to not meet the demand for the vehicles. You know that, it makes a lot of sense. Its why they can get away with selling the cars from 188,000 to 44. Its a luxury item and theyre defined by yes. As always theyre scared and on the other hand its a difficult to grow. Now before 2013 the productions were determined by the maximum capacity. After they shipped the record, management decided to limit the number of cars sold to roughly 7,000 a year in order to main that i know at that sense that they talked about in the prospects. Going forward they plan to kwont to keep the volumes relatively low. I mention that had this morning on the floor of the exchange. Can you double do it . Thats not what its about. They do increase or intend to do the shipments from 755,000 to 9,000 by 2019. I want the double production. Forget about it. They have dictated a 4. 9 annual growth and thats right. You heard me 4. 5. We usually dont regard that as growth. The growth is five to ten percent range and how quickly its valued and more on that later. I like to see how much faster growth that you can have here to justify the prices that people are are paying for the stock. Of course we dont know if ferrari will be able to execute of the production of the new car. If they do, we have to be concerned that this is going to hurt the company and power. Giving them the point to keep the vibes down is to keep the price point high. Now believe it or not, its only 77 percent and the rest are coming from engines and commercials and sponsorships and the businesses its only the engine segment is growing rapidly and then making a real growth driver for the company and even thousand that its 11. 3 percent of the sales here. Put it all together and you have a company with a sexy product thats gorgeous but not particularly sexy the evaluati. Its current price and the marking of 10 billion and trading at 31 time last year and giving the growth rate, thats a fair price to pay here. Considering using the 2014 motors and theyre doing well sells for just 11 times and ford sells for 14 times and then fiat and chrysler and ferrari leaves them in the bust. They do not necessarily have the better financials and truth be told i would rather own shares in fiat and chrysler. Maybe theyre not an auto maker. How does that stack up and good seg segment, let me see. Tiffany good company and 19 times earning and then again none of them comes near the evaluation and then put it another way. With the current billion dollar market cap and its being valued at 1. 6 million at a car. 1. 43 1. 4 million of the car and to be fair they have a rapidly growing business and thats easy to argue that they have a multiple. They do have one similarity and they like the stock of ferrari for the product and do not care about the fundamentals. They want a share of race. No matter how you look at it, its expensive. Its only ten percent of the share in the hands of the public. They own 80 percent and in early 2016 and in a few months a huge stock will get dumped on the market and i bet that the share price is slammed. If you want to buy this one, i suggest that you wait until they unload the rest of the steak. I think that they get a better buying opportunity. Here is the bottom line. No matter how many i like the foreign products, and i do. I cannot get behind this. If its an auto level or not, its trading at levels and i am not saying that it cant go higher, but i am saying that ferrari the car but certainly the stock way too risky for this guy. John in new york . Hi jim. Thanks for taking the call. Not a problem. I wanted to ask you the thoughts on the long time outlook . It was priced a little bit too high and they got away with it. Think that the stock can difficulty. I am going warm up to it at a certain point. You have people like visa and mastercard. Theyre Better Companies even though theyre not apples to apples. Thats not necessarily a good thing. This is just too expensive. I cannot get behind it. More mad money after the earnings yesterday and i am buying the resent take over thats taking it to new highs and then going over chiptole after the buying opportunity or a busted gross stock. Tonights edition of the lightening round. Stick to cramer. Kick off the trading day with squawk on the street. Just say no. Just say no. How about i say maybe. I got married last year. You got married long time ago. Enchs when the german enterprise announced the numbers, it took it by surprise and seemed clear that its about the transformation and doing major and fast growing player in the cloud. They set it rocking 160 percent i higher. Whats driving that . I think a lot of it has to do with the technologies and leading cloud base and express software that they acquired for 8. 3 billion of december of last year. That made them the second largest player behind the sales force. Com. Now when they both concurred, they did something really smart. They decided to keep around the management team. They made a lot of sense and helps the businesses to save a fortune and makes it easier to see what theyre charging and with this shift and the concur application, its no surprise to me that theyre one of the few older Tech Companies that have figured it out out and so in order to get a better sense of what is happening and corporate travel, lets take a closer look and remains a ceo and member of the Gl