>> and guy >> happy wedding anniversary to a cnbc legend bill griffith and his wife >> all right >> newmont mining on the back of what karen was talking about >> thank you for watching "fast money," great to have you. "mad money" with jim cramer starts right now >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a market somewhere, and i promise to help you find it. madam money starts right now. hey, i cramer. i'm just trying to save you a little bit of money. my job is not just to entertain, but to teach you. call me at 1-800-743-cnbc. cash is rook. we said cash is king when the

market is so ugly that you just want to get out now. i can't endorse that here. up .20%. i'd be lying if i told you i feel great about this market. especially, the forecast. ever going to get those. let's start with what i think is the real elephant in the room. let's talk about the bond market. at its power bleeds into the stock market every day, and has been a bleeding in a bad way. how does it do that? when the government sells bills, notes, and bonds to pay for the deficit it weighs on everything. considering the gigantic sideshow that could hurt your portfolio. you got to use $44 billion, seven-year bond auction that's tomorrow. on top of today's 70 billion dollar five year note auction. especially, on top of the $69 billion sale. talk about cash is rook.

it's gotten so compelling to so many people. but, they want to buy some of these bonds. which means they often need to sell stock in order to swap out of that and into the bond market. you need a lot of ponders to come in, and by these bonds. and for many that means the cashier stops in order to be able to buy the bonds. i know that are risk-free. and if you think that will eventually cut rates this year. the two year was an interesting paper about 5%. i bought some yesterday. remember i can't buy stocks. two year ago to. but, how about this five-year note? that was today's business. or, the seven year yield. similar tomorrow. sorry. to me they are not real value. i want to hire you going out further. others will too. and if that's the case then buying yields will have to move higher. price of bonds lower to bring in more buyers. the impact on the bond market,

and then the stock market would be immediate. in a world where long-term bond use keeps climbing stocks will head down. like they always do. even blowing up after too much supply all at once from the government, and not inflation. it's not because of a lack of demand by buyers. we had three big declines this year. short term paper. so, it separates out the years and does it that way. but, each auction has its own character. i wonder how many people tomorrow want to log in at almost 4.7% rate for seven years. thing i do know is i can't gauge that. we have a total wildcard. a total wildcard, and the bond market. bonds mean to go up in price. i think were going to get the opposite of that. which brings me to the second reason why cash is rook. there are plenty of stock people who only believe that's the only thing that matters is earnings. earnings truly matter more than

anything else. if earnings are greater than stocks will go up. a bunch of stocks have done well putting good numbers. last night. inventory sometimes worked off. there have been for the auto industry. that set up the other order related ship makers. okay, i get that. tesla stocks fit the whole year in with. however, when elon musk told a good story about cheap electric vehicles, and robo taxes people went nuts. in the stock shot up 12%. he did pull of berber real out of the head. musk is way to pitching these things. but, these winners feel like they are one-off to me. i don't know about you. there's no doubt in my mind if we get a sloppy treasury auction tomorrow so stocks will give up those games. i know that matters quarter were strong, but the guy was sweet. it could be an opportunity if he gets hit two.

even though it's about my basis. i feel more bullish if the market were what we call oversold. but, my gauge will use is called the s&p oscillators for market edge. it's really oversold at -1.66. -5 means there's too much selling pressure. we are nowhere near that. we don't have that situation. that means. cash would be king if we were over. we can be that negative with the market. hence why cash is still rook. let's talk about matter. that's all you want to be talking about tomorrow. i need a preview. sizable sales commander earnings beat healthy advertising. however, eviscerated in after-hours. sell, sell, sell. because people didn't want the guidance medicine quarter revenue was a little light. going to be much higher than expected. i think these investments, but it's not what wall street was in this environment. it's a skittish environment.

you can. musk is a showman. he was very convincing as robotech service would be like airbnb. you can stand them. i like this elevator now. at one point they were professional all better operators. told him what floor they want to go on, and they were stop there. then we decided to let anybody push the buttons that need to change. but, even if there were some winners today there are also plenty of copies of stocks that looks like they're going great guns. let me give you an example. boeing. the stock opened up. i was there. we asked dave calhoun some questions. and yeah. there are mixed emotions. stock opened at 176. that was more than seven bucks he had yesterday's close. despite that the uarter was truly nothing to write home about. and no real sense. in a good

market boeing stock would build on that advance. in a bad market appear let's come and go straight down. the letter is exactly what happened. i needed to get ahead of the people who were buying when boeing openhearted. they didn't care who bought it, and they thought picked off. they are no natural sellers. i see stocks like that all over the place. real landmines everywhere you look. take new corp. which we had on last night. told a good story about how this company miss the quarter. he will be able to straighten it out fairly soon. but, he said the next quarter will be even weaker. too many buyers agreed with me. nucor stock opened at 175. but, then like boeing the stock. waited and felt 172. the quarter was truly disappointing. only a treacherous market has that kind of action, and i don't like treacherous markets. finally, we had our monthly investment club meeting at noon today. and as much as i want to think

that i like all the stocks. i found myself hedging so many stocks that it was quite chilling. when you own more than 30 stocks only recommend a half dozen stocks to buy at this very moment. that's the oldest and that cash is rook. it's not king. there are so stocks worth buying here. of cash working you'd be selling, and selling. so, let me give you the bottom line. we've been in this sellout for over a month. i still think that the dicier time than most investors seem to believe. that's okay. we have. i hope you have some too. cash may not be king right now, but it certainly isn't upon either. i'm going to go to austin, and massachusetts. austin. >> with mcdonald's coming in at 300 starting the year, and now it's around 270. what can we see coming in like

that? >> okay, terrific. we know chipotle had good numbers, but i have to tell you i think mcdonald's offerings are too expensive. they raise the prices too much, and it got to cut the price. and nobody wants to have to cut the price. but, to me the stock is singling they need to cut. they've got to bring them down. let's go to arthur. >> hey, jim. how are you? >> i'm good arthur. how are you? >> i'm great. i just want to say thank you, man. i've been following you for the last 23 years. and i will tell you you are on point with so much. i've made a lot of money, and i lost money because i didn't listen to you. >> arthur, you're very kind. all i want to do is have a good cause outweigh the bad calls. let's go to work. >> okay, listen. i bought moderna at $369, and

it's killing my portfolio. i've been holding onto it for a while. i said, it's going to come back a little. and it's not coming back. then it goes up, it goes down. what should i do with this? i need to take the loss, because it's a big loss. >> i know, and we should never wear care about where stock came from. moderna has pecial technology. i don't want to lose the stock here, but they announced a collaboration this morning with an open ai. i thought the stock was up again, but it went right back down. there are sellers everywhere. you have to wait until they invent the personal vaccines that they promised when they started. and i'm talking about. but, thank you for your kind words. all right. cash may not be king right here, but it is and upon either. oing down. that's what the stock of noticed it today with earnings. our investments getting a viable typically elevator maker? not the ceo. i think you want to know what

he's saying. earlier today we convened our monthly meeting for the cvc investing club members, and we had so many incredible questions that we saved some of them for the night. you don't want to miss it. so, stay with cramer. don't miss a second of mad money. follow @jimcramer on x. send jim an email to mad money at cnbc.com. or, give us a call at 1-800-743- cnbc. missed something? head to mad money.cnbc.com. you need clem. clem needs benefits. work with principal so we can help you

with a plan that's right for him. you know what i'm saying? let our expertise round out yours.

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the leading makers of elevators and escalators. this morning reported before the bell, and the numbers were mixed. elyse came in a bit better than expected. but, the stock got hit though. down more than 50%. i think it's because we had some cautionary comments about china. maybe where the company lowered its four year monfils outlook. but, it really isn't all that bad. or, do we need to be more worried about china or north america for that matter? let's check in with judy marsh. you get a better sense of the quarter, and what comes next. >> hi, jim. great to be with you again. >> okay, well i have to tell you i am a huge student of what you report. and you deliver what you say are going to deliver. and i think this time because you did that it wasn't enough. maybe you've just beaten the numbers too often for people to not expect something really huge from you each time. >> well, thanks jim. it's not about beating numbers

for us. it's about executing our operational strategy, and really this quarter delivering for our customers. top lineup. 6 1/2% from our service business. drove about $50 million of profit. 80 basis points of margin expansion over already strong quarter last year. which drove eps up 10% to $.88. just as importantly deliver for our shareholders, and that's our capital. our capital strategy. brought back 300 million shares in the first quarter. increased our outlook for the year now to 1 billion. as well as last night we raised our dividend almost 15%. which has doubled our dividend since we spun. so, really pleased with the results. performance by the team. >> there's only been a few dividend boosts that were bigger than yours. how do you go about choosing that number? because that's hefty, you've already done what i think. obviously, it's very important

to you too. >> yeah, it's very important. we try to target about a 40% ratio. which we think is about the right place, and we grow past that is earnings continue to grow. we driven earnings ever since we spun, and were going to continue to do that. that's why we raised our guide, and we increase the low end of our eps outlook from the year. it's now from 383 two 390. obviously, as a service business growth through the year we will continue to visit them. >> we are starting to see many different grades of steel come down in price. obviously, your costs are going in the right direction. >> they are. it steals 80% of our commodities. we blocked an 80% of our steel for the year. the biggest place that helps us is primarily in china as well as north america. and we've been taking advantage of that, and offsetting any other labor costs. any other challenges in the market. but, we are getting priced.

so, were going to exercise everything we can to reduce costs to drive productivity as well as getting price on new equipment. >> there was a critical moment in the conference call. which i think was actually a false negative. where there was an analyst. was begging you kind of to call trough in china. you know china in two different ways. you know it in the elevator business, but you also know the country. i thought that your answer was correctly circumspect, because there are major issues in china that you don't really have to do with elevators. right? >> yeah. so, the china market is this 10 million of the 22 million elevators in the world are installed in china, and need service there. right now we are experiencing, and it is year three of confidence. liquidity challenges with the developers, and consumer confidence. so, i'm not going to prematurely call a trough. will we see that part of the business turnaround on the equipment side, on the building

side. but, i can tell you having been in china just last month there is still urbanization going on. there is still construction going on, and there is even more service repair and modernization. china to us has become more of a service business. as you said it before it's all about service and safety. >> people don't seem to understand. i've been in the business i have to worry about the service of safety. there is no skimping on safety, and that's in any country. it doesn't matter how poor the country is. the way your government loses its standing as if you don't care about safety. >> yeah, you have to care about people. we are in a regulated industry. it has been since the safety break was invented by our founder, and because of that people trust us, and 2.3 billion people a day use our equipment jim. and there's 22 elevators in the world today. it's a great opportunity. again, needs technology refresh for the aging elevators.

we call that modernization. it needs replenishment there. that market is going to grow at least high single digits everywhere in the world. >> let's talk about orders. it's only fair. you had a double-digit decline in the americas, and high tea's decline in china. do i have to worry about the americas? >> no. americas for us was a compare. we had a great large infrastructure winds and karen canada. we saw in this quarter, the second half of last year construction slowed down a little bit. but, we saw it slow down less this quarter. it's not growing yet, but it's turning in terms of new equipment construction. we started the year, and e said is going to be a down year. it's playing out exactly how we thought. but, we had to call out that the units are going to be down. were not worried about north america. we've got a great new product

we are shipping now. it covers 80% of the market. so, were looking for america to have some strong, and america's team 15% off in revenue this quarter. so, we've got backlog. whether it's new equipment or repair. our teams are dedicated, and they are serving their customers. >> one last question. senator blinking is over in china. i said, i don't know what they have to talk about, because you obviously play hardball and everything. other things that are discussed in china that are about business, and getting things done? that are not contentious? >> when i was at the china development from last month it really was about economic development far, and direct investment. and how can they create an environment where american companies can do business? elevators are not national security. they are here to move people

safely throughout the world. including in china, and we are going to be celebrating 40 years in china this fall. it's an important business to us. we are proud of our team over there, and were going to continue to pivot more, and more into service and modernization. our motto orders, and fills her up judge will dig it. our sales for the quarter clobbering. the business looks good. the year is playing out as we thought. we did a little better on eps, and we floated through. >> this was modernization. which is just so important. i want to thank judy marks. by the way, for giving us something that's positive. in a day were all i hear about is that we never do anything good with china. thank you so much, judy. great to see you. coming up. do the charts tell the tale of a selloff to come? don't be aware. be prepared.

stick with cramer.

>> this week's finally been able to find its footing with the brutal selloff that got rolling in mid-march. i wonder if it's for real.

or, if there take a little breather before the beating continues. in moments like this we have to consult the technicals, because they can tell you a great deal about the dynamics of the decline. with the help of the legendary larry williams. he's been the best in the business since i was still going through puberty. larry's rate more than a dozen books. he's my go to guy, and he's got amazing track record. for us he called of 2022 turned out to be the game changer for the market. he predicted the next major league higher last fall. shoved into the wood trimmer, and put the pieces. possibly through late may. so, now that we have started getting used to the playing what comes next? he looks at the general path of security for several years.

then he had to devise patterns that repeat themselves over time. you say there's no way this method can pick. at least very. but, in practice it surprisingly reliable. check out the daily chart of the nasdaq. with larry's cycle forecast in red. this is the picture he showed us in early march. get this. his work showed that the nasdaq would likely peach. then you had to get out. like out of dodge. big time. because this was going to be an extended period of weakness. had a little bounce like yesterday. what does larry's cycle forecast they now? take a look. going by the cycle forecast the patterning he expects to see lower prices for the nasdaq into may. lg. that's why larry says not to take this week's rally too

seriously. that something i agree with. after listening to our rather plaintive investing club meeting this afternoon. i think you say jim is really on the team as larry. i did not look at his stuff until i did my stuff. he recommends waiting to buy until we get to that zone of historical safety. and i'm coming around to his view. back on march 5th larry showed us this chart of the s&p in black. again, he was looking for a peek. december little earlier in the month. again, right. check out the same chart from yesterday. this kind of took a little longer. there was a lag for a few weeks. but, in the end larry was right. he got obliterated the last few weeks. the cycle forecast says it's probably not safe until may

20th. so, there could be a little bit more pain here than there would be in the nasdaq. that's why larry thinks she shouldn't get too attached right now to this week's rebound. what we've seen tonight. there is real weakness out there. remember i keep telling you. you've got to understand. the economy is weaker than people think. this one is close to home. it's just a few days before peaked. take a look at what he showed us back then with the cycle forecast. i was wrong. it was march 8th. even though larry says the video falls into different cycles in the nasdaq that cycle was indeed about to turn negative. so, what does he see next? take a look at his up-to-date version of the same chart. 200 points. and his current projection is to experience more weakness until may. that's it. larry also sees a temporary relief rally coming in the near future. a bit already got started. i don't know.

this is very important. i agree that things could stay ugly for weeks now. that the bond market should create an environment that's more hostile. if you are nimble out there, and you believe in larry's work then you should sell into that bounds, and then maybe you can buy it back. the trust that we follow we are just not that nimble. so, we are sticking by our position. the best moments to buy the averages come when stocks are undervalued versus high-grade buy. look at this chart of the a mini dell. see the light at the bottom? that shows how the dallas trading relative to high-grade bonds. is still some distance away from it has to be. this would be undervalued territory. look at the history. the dow got with the bonds last october of last year. then we met the big rally. it's going undervalued relative to bonds in october 2022 as

well. in short if you wait for the dow to get cheaper relative bond prices right here, okay? larry says you will typically get better buying opportunities. if this guy is absolutely right why force it? back in early march larry williams called the recent stock market a meltdown. especially, in the nasdaq. his analysis showed that we were has to headed for a nasty and prolonged selloff. now, the same analysis says not to lead this week's rebound compared to last week's rebound getting your head. we've still got a few more weeks . i would not bet against him on this one. including nasdaq. including nvidia. for now it makes too much sense for me. let's go to jack in texas. >> hello, mr. cramer. first, thank you for the work that you do for us home

investors. due to their great performances they have now significantly outsized positions in my portfolio. i have a high risk tolerance, but i need to take some off the table. which should i trim? why? in any thoughts on any new positions? >> first of all, thank you jack. he poses a central point i try to teach in the investing club. there are two things you need to know. something called discipline, and something called conviction. if you love a stock, and think it's great, and the companies doing great that means you have good conviction. but, there's also levels of discipline. that means if you own too much of one stock you must do some trimming. even if you have conviction. i think jack should sell a little amd, and a little of nvidia. but, if those are too big and his whole portfolio is moving to them and what happens is conviction is trumped by

discipline. thank you karen cramer for drilling that in my head, and often putting it on my four head when i had something i really liked, and it went down. because she said you're an idiot. but, that's okay. because you know i was. okay. let's go to ron in california. ron. >> boo yah. i'm the first time caller, founding member of the investment club. >> let's go to work. >> the stock chart on this one is not so hot, and is reporting first quarter results on may 7th. question. buy more? cell? or, hold oddity? >> they liked our show. it didn't deliver. we have health, and health is

doing a great job. then we decided that we were going to buy, when it went all the way down to estee lauder. it's not for the faint of heart. there's of the two that are right. estee lauder but of you this quarter, because it hasn't been good. he just said it's doing really well. that's the one to buy even though the stocks have a lot. the charts interpreted by larry williams suggest we have a few more weeks before we can buy them. judging what's happening with netting. you've got to believe he's right. there's much more mad money ahead. we have so many great questions sent in for april's cnbc investment club meeting we had today. i'm giving you a sense of the rigorous work that jeff marks, and i do in the club. and were going to hear what's on your mind. now we have something to beware. false brown shoes. i saw one say that really made me angry. the lightning round. so, stay with cramer.

joined the club now. flash sale offer for a limited time. go to cn cbc at corient, wealth management begins and ends with you. we believe the more personal the solution, the more powerful the result. we never lose focus on the life you want to build. it's time for wealth solutions as sophisticated as you are. it's time for corient.

>> okay, so earlier today we had our investment club meeting. once a month we get together, and we run through the thought process of how we make decisions. we discussed our current holdings. i would take questions from club members. my favorite part of the shows is taking your questions. and we always have more questions than time. as a promise and the call to am going to give you an inside look at what we do in the besting club, and take more questions from club members. i don't blame you one bit. you want to hear your name on tv or whatever. it's nice, and i like to be nice. if you like what you hear now is your chance to join the cnbc investing club. take advantage of it, and get

exclusive member benefits. my daily market strategies, and more. i want you to head to cnbc.com/flash club for the offer. i've been doing this kind of reading, and by it. buying stuff i've had for 25 years. it always sounds cheesy. you know what else to do. i really believe in the club. let's go with cynthia in georgia. jim, i was hoping you would guide us regarding the ge spinoffs. we keep all the parts? or, is there anyone part you don't recommend? hope to see you in person one day. is it land on your calendar? i sure wish it was. here's the issue. actually like all three, but i'm going to rank them. i like ge healthcare. why? because i like the long-term strategy they have to be able to have artificial intelligence in their mris. secondly, i like ge airspace. i would've put ge airspace ahead of ge health, but i can't because they are spaces run so

much. then the third. by no means do i say do not own the anova. that's the order. next up we have a question from cindy who wants to know is it too early to invest in a copper stock? what would be your advice in this area? the only copper stock i would recommend this report. i do not like copper. we happened to be listening. i did work with judy marx from otis. she knows more about construction in china than anybody. i don't like the construction seen. much of the million people moving from the country, and the city. i think copper is not where i want to be right now. next, we have a question from mike. i am keen to get back into aerospace and defense stocks. do you have any recommendations

here? he is departing. i'm sure he's got a good team after him. but, rtx had just a remarkable quarter, and they had that problem with your geared turbo fan. it was a construction problem. it's completely solved. it's not like boeing. they have a great balance sheet. and that is the one you want. okay. next up we have a question from brad who asked when the market is run, and you are up nicely i know you told us to take some profit. my question is do you ever take profits on your core s&p 500 holdings? or, just the individual stocks? i've been in the market through thick and thin since 1979. and for the most part i let everything run. and because i did i can't earn different stocks. that's the problems of people have done tv shows, and talk about stocks. but, it's been right. sometimes you have to take pain, and people don't like to

take pain. but, taking pain is what got me to apple at this point. i'm going to ride them, because i believe in them long-term. next, we have a question from brian in florida. thank you for everything you do. you often talk about the bond market, but what is the easiest and quickest way to keep track of the bond market? as a newish investor i struggle to understand it. >> i don't want to send anybody anywhere else, because that's how good our bond information is. by the way, cnbc.com is an undervalued site when it comes to all sorts of things. i go first thing in the morning. let's go to kevin who wants to know. they seem to be in the same category right now. legitimate concern, but still long-term investment. boeing only has one competitor which is a bust. but, i'm a balance sheet

fanatic. it's really good. they did have that terrible hack. i think that the under -- they did not report the hack in time. i do not like that. i don't care for that industry. so, i'm going to say this. i don't want you to buy either one. and if you put a gun to my head, and say which one do you pick? i say first and the gun away from my head. don't buy either. thomas in florida wants to know when is it okay to violate your crawlspaces? i want more shares. we do have special situations in the club where we periodically say, all right. here's a stock we really like. our basis is very low. i'll give you a good example. let's say we study meta-. we have a really low basis of meta- , and we decide we have to pick up some meta-. all that's happened is that mark zuckerberg has so-called feel and dust. the stock is down, because he's given a really dire forecast. even though the company is doing well. that would be an example of when i might be willing to violate my basis. because it's so far down.

but, it takes a lot of discipline to violate a basis for me. and i don't like to do it, because i've been doing this for 20 years. there are so few times i violated my basis, and maybe money where i tend to just say forget about it. let's go to chris in colorado. what is the club consider adding a rita to the portfolio to increase the portfolio diversity? if so, with the timing be related to interest rates coming down due to the federal reserve cutting rates? yes. i'm very interested in simon, and i'm very interested in tanker. and i'm very interested in federal realty. all three of those things work for me at situations that i might want to buy. thank you to all of our fantastic club members who sent in the questions. let me say a couple of things. one, yes i did have to recommend buying it. you can say being a member of the club. how about this? jim spends a big much of his life working in the club. so, he feels part of it. second, i do like reading her

names. i like to see on the street. why? because i'm just another guy. if you like the stuff coming at you like what i do i am thrilled. i hope you sign up, and mad money is back after the break. coming up, hit us with your best shot and to electrify fast power lightning round is next. the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future. a future where you grew a dream into a reality. it's waiting for you. mere minutes away. the future is nothing but power and it's all yours. the all new godaddy airo. get your business online in minutes with the power of ai. - i got the cabin for three days. it's gonna be sweet!

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lightning round is sponsored by charles schwab. trade brilliantly. >> it is time. and then the lightning round is

over. are you ready? i want to start with tim in new york. >> what's up? it's tim from new york. i'm calling about the. exposure to ai is another good time to buy? >> i would be a buyer. i would buy it slowly, because we have big selling going on in ai stock meta-. that's however gordon now. i'm going to go to chris in california. >> puglia, puglia jim. we appreciate you. >> i'm doing everything i can, man. at the top one. oh, man. i feel like i just said to that axon is so good. we used to have rick smith on all the time. it really is an ecosystem of law enforcement. even here it still good. i'm going to go to mitchell in texas. mitchell. >> what's up? >> i don't know, you tell me.

>> jimmy, i got a stock that's trading at the average market multiple right now at 23, 22. the sox had quadruple earnings in the next two years. what you think about first solar? >> i like first solar. it's the only one i really like here. the other ones are kind of like -- they are full solar. let's go to mike in illinois. mike. >> hey, jim. how are you question what >> i'm doing good, mike. how about you? >> i'm doing well. i know you had konterra, and for maybe considering other stocks. are you know we think about the stock. it's the number one stockinette sector. it's in mexico. >> yeah. it should be i think good for this. i would on this. it's a good situation. let's go to liza in new york. >> hi, jim. longtime listener, and second

time color. should i be patient with crown castle cci? >> i think at 6 1/2% yield. they have been mismanaged, you betcha. can they bottom here? i think with that 6% yield they can. it's not about business. it's a tower business. it's not that much worse than all the rest. i think you're okay. let's go to charlie in california. charlie. >> hey, jim. recently, i bought into an ico. i'm up 15% on it. should i hold? buy more? >> you want to take the gain here. and i will tell you why. we have a level of ipo is coming your way. i don't want you to be caught in that maelstrom. let's go to kerry in pennsylvania. >> hey, jim. >> what's going on? >> i was wondering if i could invest in liquid yeah. >> click video? okay, let me think they are.

this is so effective. i don't know, man. your dice rolling here. you're just dice rolling. i'm going to be in the dice roll game. that's ladies, and gentlemen. the lightning round. the lightning round is sponsored by charles schwab. coming up, from railroads to attack. cramer is looking for a bargain. where's the next bull market hiding? hiding? find outence, tailor-made for trader mading . unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders.

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i'm going to look out for weakness because i think march was not a good month for the economy. we need brown shoes, and you

found weakness. so they can justify cutting interest rates for the last time, they were upset the economy remained too hot. today we have a few more than we bargained for. first, soft numbers earlier this month. perhaps no one noticed or thought they were sandbagging. the consensus was that it didn't come down enough. today, the disappointed investors again. things happen. i always like to to buy the rails at a discount.

they are among the most reliable regular earners. i don't know about this one for norfolk southern made is selling for east palestine trendy roman. this was to lay down quarter for both sales and earnings. i was surprised. if the economy was strong, those cargoes would have been much better. there was a reason stocks were down 6.7%. we got the online number from old dominion freight and trucker and that stock dropped by 11%. it might be an overreaction but it does not matter. it happened. these transports are the backbone of the economy and great predictors. at the same time, they need to be aware of false branches. today, so that vision for was a big disappointment. not going to be able to make the consensus estimates of 700,000 to 800,000 vision pros. because the number between 450,000. we looked up at the analysts were expecting when it launched. back then, they only figured out to sell 40,000. faux brown shoots. that's outrageous. some 40,000 units of a $30,000 product that has the software

written for us, we are doing great. another vision market is consumer product. you get with the iphone. that's a steep price tag. we know that. what if apple decides to market this thing. hear me out. i got to sit in a nissan sports car, check out the dashboard, jump -- down over the rocker. nvidia supercomputer. i was sitting in a chair in an empty room. i was at a curve on a dealer. i went to the used-car vending machine production myself thinking it would have been easier if i had a vision pro and take the car from that. i would love to do the same thing with the house. more important, the best use for this thing is industrial. if everyone is constructing a building more than vision pro, things would go much more smoothly. the construction of factories, the largest business in the world. if you could cut out waste on the vision pro and it's digital twin, the $3500 price tag is

way too cheap. no matter what. i'm cool with finding real brown shoots. these might finally be cooling down on the economy just when people thought it was not. that is one day how we will get a bottom. bogus screen shoots intact, i say give me a break. mad money. i'm jim cramer. see you tomorrow. last call starts now. right now on last all, model e. ford out with a major updated ev and it's shocking. how china could divest from tik- tok. start the fuel for a frenzy. the findings reveal in one country's usual and golds wild run. showing his true stripe. rear, for the founder of the copayment tab. wi