Transcript
Jim Cramer (0:00)
Meet Venu on the NYSE American Symbol Venu Disrupting a multi billion dollar live music industry, Venu owns and operates upscale music venues, outdoor amphitheaters with seven revenue sources, $166 million in assets Luxury suite sales of $77 million in 2024 $200 million expected in 2025 56% year over year Growth venue on the NYSE American.
Homes.com Representative (0:29)
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Jim Cramer (1:22)
My mission is simple, to make you money. I'm here to level the playing field for all investors. Always a bull market somewhere. And I promise to help you find it. Mad Money starts now. Hey, I'm Kramer. Welcome to Mad Money. My friends, I'm just trying to make you a little money. My job is not just entertain, but to explain how we have such good days. So call me 1-873-CBC. Tweet me at Jim Cramer. The President of the United States is a living, breathing, talking lightning round giving you buys and sells rapid fire. You sure don't know if you had a diet. Sometimes, of course, they completely contradict each other. Doesn't matter. Wall street likes the energy, loves the ideas that are coming fast and furious. Which is why the Dow gained 400 points, 4.8points today. S&P advance 0.53%. House of pleasure. But the Nasdaq gains is 0.22. This is all new though, so we have to spend some time talking about how to handle it. This could be an ongoing theme, I think for four years, but we have no choice. I have to explain to you the way things are being translated from Washington. Wall Street, I want you to stay current and I want you to understand the presidential lightning round. So let me Say a few things about what I now believe we can expect from the second Trump administration. Not political, but money, economic. First, if you're a trader, Trump's a dream come true. He generates a huge number of catalysts every time he talks. I don't think most people should trade too hard unless you do it professionally, but this is heaven on earth for them. Second, there are analogs. When Reagan came into office, and of course, I was old enough to be trading then, he talked about building a 600 ship Navy. If you bought the defense contractors, you made a fortune. The difference is Reagan was not rapid fire. He was much more measured. But it's still the closest analog I come up with. Third, every time Trump talks, it feels like there'll be repercussions on Wall Street. Now, sometimes it's purposeful. Mostly it's to show he's more on the ball than his predecessor. Not kidding. So let's start with today's speech given in Washington show in Davos and the subsequent questioning by some executives about what he intends to do on certain issues. Trump uses speech to frame his presidency. Now, we know he wants to make America great again. Or for a given definition, what? The word great, that's always going to be his theme. But when he speaks like this, you have to take what he says with a grain of salt. Remember, this is mad money, not mad politics. It doesn't matter how you feel about Trump. It only matters if you can make money off him. That's what we're here for. Now, I know you could say, wait, wait a second, Jim. What do you like Cal and Steinbeck's east of Eden? Buying beam futures to profit off of World War I. As I see it though, I'm just trying to educate you about what's actionable and what's not. The big picture stuff is not what moves. The market might excite you, but it doesn't move stocks. Next, the President wants to talk about energy policy all the time, take advantage of what he calls liquid gold that's under our feet. I know this sounds crazy to those who don't remember what happened during the previous administration of Trump, but the oil companies actually started drilling. They pumped like mad and it ended up bringing the price of oil down and then really hurting their profits. Since then, they have gotten disciplined. They're holding back from drilling to keep prices high, and they're making much more money. Many of you might be tempted to grab an oil stock because Trump is so pro oil, but that would be wrong. As Rusty Brazil our go to energy Expert said just last night the oil companies pretty much operate as a herd. They got crushed last time when they drove the price down by pumping too much. But president wants Saudi Arabia and OPEC to pump more to get prices lower. It's possibility but the US controls the price of oil these days certainly more than the Saudis and opec. Our producers are disciplined so I don't see the world flooded with crude. Sadly, the drill baby drill stuff is uninvestable for the moment. If President Trump finds a way to get a pipeline bill quickly out of Permian Basin or if he can help build liquefied natural gas terminals faster and make it so FERC really loves them the Federal Energy Regulatory Commission the then we can produce more of the stuff because there's a huge market for natural gas overseas but it's trapped right now. The Permian otherwise Wall street perspective non story but it is why I own the natural gas oriented co tariff My Chapel Trust though it's been a winner but its natural gas is in Pennsylvania. The president did green light about what I talked about last night the return of coal. All right. Now I personally don't like the coal stocks but Peabody has the cleanest coal and Alliance Resource Partners have has one of the most lucrative utility coal businesses. Utility coal is what's in play here. It can substitute for natural gas. Natural gas goes too high. The president talked about that. Coal's been losing market share for ages because it's so dirty. Made up over 30% of our energy a decade ago and it's down to 15%. But Trump doesn't mind. He likes it. He actually said good things about it. And you know what? We need more stuff to power all these data centers. And coal can work. Those stocks can work. President talks about interest rates should go lower. He wants to draw bone Jay Powell lowering short rates get nonstarter. Trump can't bull rates down. He doesn't control interest rates. They're set by the Fed and the bond market. If Trump really wants to send interest rates lower, he needs to shrink the budget deficit. No amount of hectoring will make any difference at all now. Today Trump attacked Brian Moynihan, the affable CEO of Bank of America, for allegedly discriminating against conservatives. I have no idea what to do with this one other than to say it's completely uninvestable. First, I've never heard of it, neither here nor there. Second, bank of America's good stock. He called for declining inflation but to do that he'll have to find a way to Cut food prices, insurance prices, auto prices, auto insurance prices, home prices, health care prices. Didn't hear anything about how he's going to do that all. Not an actual speech, even as there was plenty of action in it. Yesterday, however, we got Catalyst Glory. The President's data center press conference ignited the stock of Oracle, even as Oracle had already planned pledged to build many more data centers before this. Still, you have to assume for many people this is the first they've heard of that. We had armholes on Squawk on the street yesterday. It's a company designs the architecture for CPUs in the data center to go with Nvidia's turbocharged GPUs. But we also had Arnold Mad Money last week. The CEO, he said pretty much the same thing. So the stock went up big yesterday and then people realized wait a second, that's already known, and went right back. But there was one real winner yesterday and it's one that went down in video. If you want to build a first class data center, which is what Trump's talking about, you have to buy chips from Nvidia because when it comes to AI, they're really the only game in town. Still now Nvidia went up media yesterday, but then there was no follow through today because of an alpha called SK Hynix. It's another semiconductor company based in Korea. It reported a set of unimpressive numbers late last night. I think the weakest in Hynix had nothing whatsoever to do with video. My conclusion, lots of people got faked into selling Nvidia off this Hynix story. However, the big data center build out verifies the demand from various products. So it's still worth buying with was the case. At the end of the day, it's still worth buying. I think we have to expect that President Trump will say something every day that gets a ton of coverage, just like I just described. We need to monitor these statements. But look, we can't expect all of them to generate actionable investing ideas, even if they do produce bullish animal spirits that boost the market. Go by the S and P now, there will be one off coal, Nvidia, Oracle. But for the most part, the energy, the flurry, the changing the guard will simply lead to less regulation. And guess what? When you have less regulation, you don't buy any stocks, you buy the banks. That's what I told members of the CNBC investing club at my noon club meeting. That's right, you buy, you buy BlackRock because it's levered to the bull Market at Trump wants a stove and you buy. Goldman Sachs will make a fortune from all the mergers and acquisitions that are on the way. Especially when you no longer have to fear the wrath of Khan, Lina Khan. That is the FTC bottom line. Trump wants the banks to succeed and a higher stock market is the badge he craves. Even if he's saying bad things about bank of America. But just because there's a lot of bluster, there are only a few tradable ideas. So I want you to do this before you pull the trigger. Filter things and take advantage of the fact that the pin action for the banks is extraordinary. Mike in Illinois. Mike?