Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Bryn Mawr Trust CIO Jeffrey Mills lists where to put money to work as Wall Street copes with trade war and recession jitters.Futures Nowread more
The announcement for Target also comes on the heels of a strong quarterly earnings report, where it showed it drove more people to stores and got them to spend more money...Retailread more
In a market plagued by worries about more tariff exchanges between the United States and China, CNBC's Jim Cramer knows what investors are looking for: the stocks of safe, domestic, consumer-facing companies.
That's why the "Mad Money " host decided to review the recent trajectories of Bed Bath & Beyond, Wayfair and Williams-Sonoma, three home goods retailers with very different business models and prospects.
"Let’s compare the three because I think this is an important exercise [to] help you understand why some stocks work and others don’t," Cramer said.
Bed Bath & Beyond, the weakest of the three by Cramer's standards, has been struggling of late, pressured by competition from Amazon and questionable management decisions.
The e-commerce-focused Wayfair, however, is soaring, growing almost too fast given the company's lack of profitability, the "Mad Money" host said.
Then there's Williams-Sonoma, the parent of Pottery Barn and West Elm that is in the middle of a robust comeback and seems to have mastered the combination of online marketing and brick-and-mortar presence.
"They’re like Goldilocks and the three bears," Cramer said.
"Bed Bath & Beyond is too cold — those guys are trying, but the company just hasn’t invested enough in e-commerce and the business has been left behind. Wayfair’s too hot — they’ve got a great online-only strategy, but the stock has doubled just since the end of April and I think you[’ll] get a pullback if you wait," he continued. "Then there’s Williams-Sonoma, on the other hand. It’s just right: after years of testing, they’ve figured out how to seamlessly merge their digital and real-world businesses and the latest numbers were amazing. So if you want a nice, domestic home goods retailer, I say stick with Williams-Sonoma."
When the stock of rebounded on Tuesday, driving the to a 52-week high, Cramer knew he had to explain Netflix's rally, especially after the company with its .
"Of course the stock was laid to waste," he said. "The mystery here is not why Netflix got shoved into the woodchipper like Steve Buscemi in Fargo; it’s how the heck was the stock able to claw back most of its declines in an almost Lazarus-like resurrection?"
Click here for some of his theories.
It's not easy staying in style on the Wall Street fashion show, but on Tuesday, Cramer noticed that three names were doing it best: , and .
"When you look at the best-performing apparel plays, you see two things," Cramer said. "There are the companies that have figured out how to compete on the web with a workable omni-channel strategy, as they call it, and, more important, there are the ones with the best understanding of what the consumer wants."
Luxury winterwear maker Canada Goose, famous for the ubiquitous red patch on its fur-lined parkas, has seen its stock soar since its .
Cramer recommended buying shares of Canada Goose the day it came public. A few months later, he told investors to ring the register on part of their gains after a 175 percent rally.
"Nobody ever got hurt taking a profit, but I definitely made a mistake here: I was too skeptical of a great story," he admitted.
Cramer was somewhat surprised to see the biotechnology sector bounce back in 2018 after months of weakness.
"At a time when President keeps over excessive drug pricing, ... you might think that the biotech stocks should be getting slaughtered, " the "Mad Money" host said on Tuesday.
"But you know what? After spending a long time in the doghouse, biotech as a whole is actually having a pretty darned good year, with the , the IBB, up 17 percent for 2018, " he continued.
Lang, who uses technical tools to track the action in particular stocks, decided to look at the group's most recent leaders and laggards.
Finally, Cramer took it upon himself to explain how three typically disconnected groups of stocks — the defensive, "recession-proof" stocks, the cyclical stocks and the homebuilders — all managed to rally at once in Tuesday's trading session.
These three groups "simply aren’t supposed to move in the same direction at once," Cramer said.
His theory? Investors who were concerned about the flattening yield curve flocked to the defensive plays; those who bet on the strength of the economy bought into the cyclicals; and those who thought the Federal Reserve would continue to gradually raise interest rates turned to the homebuilders.
"So, what does it all mean? I think these moves are all about a recognition that we have a very thoughtful, very sophisticated Fed chair who’s not going to jump to any conclusions to slam the brakes on a good economy or throw acetylene to make the economy overheat," Cramer explained after Fed Chair Jerome Powell's congressional testimony.
"A Fed chairman who wants to balance the risks, relies on the data and seeks to do the considered thing is exactly what a stock market looks for," the "Mad Money" host said. "He’s become a force for those who are bullish, which is how all these disparate groups could rally at once today."
In Cramer's lightning round, he flew through his take on callers' favorite stocks:
: “Don’t buy any more. , I think, opened a lot of people’s eyes with Enbridge when he basically said that the master limited partnership model is not working, therefore I think that my inclination is don’t buy any more of that stock.”
.: “Applied Materials, I think, at this level, is too cheap. I saw going up. Now, it may take the whole cycle. It may actually literally take six to nine months for Applied Materials to come back, but I am urging patience.”