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Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop ....
Down jim, it was nice to hear becky give you props for the caution you have telegraphed in the past couple days. Watching your twitter feed it sounds like you are on alert for vying option at month end. You have could be cognizant of the fact that two days before july 4th the holiday are the two probably most strongest days in the entire year. I do think theres still too much froth you can watch nvidia today, there is a love affair with nvidia and the analysts which includes me. That one has to go up. The love for nvidia is so strong that you have to say, okay, that is your thats your bell cow here but i do think, again, that and, david, youve seen t there is that cohort of people who keep coming back to the airlines, keep coming back to the cruises, keep coming back to the tankers and those are the weakest part of the economy. It is, and for a reason you know the reason. I mean, look at the map, right thats really what you have to do at this point look at the map, jim weve been talkin ....
This letter . There appears to be to view a logical answers. Either the senators were trying to be help pull to the iranians or harmful to the commander in chief, in the midst of highstakes international diplomacy. Either answer does discredit to the letters signatories. I would be pleased to talk more about this important matter but i know there have been questions about my emails, so i want to address that directly and then i will take a few questions from you. There are four things i want the public to know. First, when i got to work as secretary of state i opted for convenience to use my personal email account, which was allowed by the state department because i thought it would be easier to carry just one device for my work and for my personal emails, instead of two. Looking back, it would have been better if i simply used a second email account and carried a second phone, but at the time and it did not seem like an issue. Second, the vast majority of my work emails went to New York , United States , District Of Columbia , Hong Kong , Saudi Arabia , Capitol Hill , Brady Dougan , Jeff Dunlop , Bob Carrigan , Roger Goodell , Mike Regan , Mike Julie , Andrea Mitchell , Tim Geithner , Robert Griffith , Jamie Dimon , Justin Bieber , Hillary Rodham Clinton , Janet Yellen , Chris Christie , David Bianco , Virgin Mary , Al Qaeda , Sam Bradford , Scott Mann , Jimmy Graham ,
Today dow climbing 20 points and nasdaq declining. 33 . Alltime highs require some soulsearching. Because by definition the markets gotten more expensive than it was with alltime highses. Considering that my whole career ive tried to buy low and sell high. Its hard to get excited now after a huge run. In the very old days we used to actually celebrate these milestone, can you imagine . I get that. Our viewers are wall street for people who own stocks and dont get against them, given that our core mission is to try to help you make money, a new high can mean there are more ways to make money, that many people are winning and that people who chose to be in the market are better than those who chose not to, but this distinctly what have you done lately for me kind of work which means we need to assess the risks and those risks increase the higher we go. We also have to assess the rewards because theres no sense leaving the party if well end up stuck with certificates of deposit which only ....
City, that soda. This is sort of our valentines day. Im not here tomorrow to share it with you. I would love to take a swig of this. Look, look see that . Now i know where your true affections lie its the other woman its the other woman what is this . Butter cup. A woman in every port, mel. And you ate half this, by the way. Half is gone. Happy valentines out there. To everybody, a day in advance. A day early. Which is the way to do it. Dont go anywhere. Mad im jim cramer, welcome to my world. You need to get in the game. Stearns are going to go out of business and hes nuts, theyre nuts, they know nothing. I always like to say there is a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money, welcome to cramerica. Other people want to make friends, im trying to save you money. Im teaching and coaching you. Call me at 1800743cnbc. Of night i come out here and help you find highquality companies with stocks that are worth owning, stocks that wi ....