Mad Money w/ Jim Cramer 6/18/26

**SPEAKER_1** (0:00)
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**SPEAKER_2** (0:30)
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**SPEAKER_3** (0:56)
My mission is simple.

**Jim Cramer** (0:58)
To make you money. I'm here to level the playing field for all investors.

**SPEAKER_5** (1:03)
There's always a moment working somewhere.

**Jim Cramer** (1:05)
And I promise to help you find it.

**SPEAKER_5** (1:07)
Mad Money starts now.

**SPEAKER_6** (1:12)
Hey, I'm Cramer.

**Jim Cramer** (1:14)
Welcome to Mad Money. Welcome to Cramer. I got other people, my friends.
I'm just trying to make a little money. My job is not just to entertain, but to educate, do some teaching. Call me.
1-800-743-CBC. Tweet me at jimcramer.
We're nearing those summer doldrums when there's a dearth of new issues in corporate news. The market bifurcated again today with tech soaring and everything else just kind of chopping wood, which is how you end up with a session where the Dow advances to 72 points. S&P climbs 1.08 percent, but the Nasdaq surges 1.91 percent.
After dealing with a new Fed chief, Kevin Marsh, in the afternoon after the largest IPO in history, SpaceX, we could use a sleepy interregnum and we may finally be getting one. So let's walk the wall to find out what's going to happen in next week's events. And it's going to be kind of interesting and concentrated right in here. Monday, we can come in and find out the White House has finally closed the deal with the Iranians. I don't want to get into the details because I'm a stock guy, all right, not a foreign policy guy. But I can tell you that the price of oil is going to come down surprisingly hard. This war sped up a lot of big oil and gas projects while also leading to another step down in energy use. Nothing too big, but just enough that the fragile balance that kept the price of oil surprisingly under $100 with the straight-up removes closed could bring about a surprising swoon. Now, the straight starting to reopen. Again, I'm expecting shockingly lower oil prices because of this new excess of the piece holds. Here's my thesis, the decline in oil could take down the price of the pump to ever lower levels and eventually much cheaper gas will convince the Fed officials that it would be insane to raise interest rates. That's why I believe the Fed's next move is more likely to be a rate cut than a rate hike. I know, extremely contrary in view, but remember the majority is not always right. Not a lot of corporate news next week, but still enough to parse. One of the more ridiculous elements of stock research is the endless pecking order shifting in the cruise lines. You know I've been consistent. I like Viking because of its upscale model. Okay, no kids, no gambling. But I recognize that all the cruise lines are well run. When Carnival reports, we might get our first inkling of what their future looks like with lower fuel costs and perhaps more important, what actually happened with fuel and with destinations that were deemed off limits. Remember, all the cruise lines, Viking has the best pricing power, but they can all generate really good fares. Carnival's been pretty lucrative.
Never told anyone not to buy it.
After the close Tuesday, we get results from FedEx. No, I've been telling everyone to buy this one. We just came back from Memphis not that long ago, where I spoke with CEO Raj Subramanian. We liked the stock enough that we told CBC investing club members to go buy some, which is exactly what we did for the charitable trust. FedEx tends to get very concerned with guidance when it reports. So if you see a big earnings number and then the stock sells off from the forecast on the call, it might be a terrific buying opportunity for you. Company always well run under the late Fred Smith, a great friend of mine, is now a juggernaut under Raj. I think you just own FedEx for the long haul as it's winning in the trenches against long time opponent UPS. Buy it, put it away. I'm acutely focused on housing, as you know, because it punches above its weight. It's a big part of the economy. So I'm going to make time to listen to the conference call with KB Homes. That's a well run home builder that tells it like it is.