 Good Thursday morning everyone it is the last trading session of August and we are here on the floor of the New York Stock Exchange with Jim Kramer to talk about the markets but first Jim it was an important night last night for these ski daddy skis. One of the most important nights of the year obviously and this is my fantasy team in the slump of Dickalig which is made up mostly of mad money people. I drifted in the fifth hole I was able to snare OBJ why did I want him because I'm tired of him beating me and also because I need an insurance policy against the Eagles and this way I feel like he's the guy who's destroyed me more than any other player I wanted to neutralize. I might even just bench him I just don't want to play him and then I was able to get Brandon Cook so he fell right in my lap after Adelman which is incredible and then I like to go with rookie running backs I've gotten Mixon who I think is going to end the bus the whole running back by committee thing and and McCaffrey who I just think could have more touches than any other player in the NFL. Viking D fell right to me I was rather amazed with that. John Hansen from fantasy guru you must get his service he blessed my team which I posted on Twitter almost immediately Matthew Burry one of my idols said he loved my wife received record he felt my running backs were suspect. Well you also posted a selfie in your war room. Yeah I was wearing I was wearing my Dawkins jersey assigned to Dawkins jersey and Dawkins has always been an inspiration to me it was a Westbrook versus a Dawkins but I wanted an actual game jersey and Brian Westbrook did not I don't have a game jersey from him last year I wore my wench jersey was the only person who had a wench jersey. Like I said my whole team is posted and those who have criticized me remember two team Super Bowl winner two time two time some people say Dynasty. Dynasty is back. Yeah all right Jim Kramer let's move on to some well more somber news at Wells Fargo what a mess more fake accounts potentially discovered. Yeah I mean John Stump came on the show and made money and pretty much assured me that there really wasn't anything left that they had done a thorough investigation and it looks like a white wash to me. Now whoever did that investigation I want to know their names. I want to know why we need this board. This board seems to be easily replaceable by people perhaps from outside. I want to know why there isn't a special master being assigned the way that Bristol Myers had a special master when Bristol Myers was doing things we should I urge the government to appoint a special master to Wells Fargo. That's exactly what they do right today. There should be a special master running that you know the U.S. Attorney for in California moving California they should put a special master. This could not be allowed. They need someone from the outside on that bank. My advice is special master. Look at the situations that have had to have special masters. They're almost always involved as kind of chicaner. So will we see Wells Fargo executives in handcuffs at some point. Nothing will happen at all. My special master won't be listened to. This is America. In America that doesn't happen now. Other countries but no no one handcuffs. No. Maybe big bonuses. You know they probably get some good bonuses. Right. I mean look at the all that account opening. Right. A lot of money made in quotes. Well you know the cross sell was incredible. Warren Buffett didn't seem to mind. I mean it's business as usual at Wells. Maybe I'll do more business with him. So it's like everybody else. Maybe I'll open account with them today. I've done some good mortgage work with them. Show them some support for their incredible cross selling. They clearly love opening accounts. Yeah. I mean obviously they had some very thorough investigators there. No doubt. Molarian Curley. Maybe maybe Joe. I don't know. I've always felt that Joe did it was second rate. Stooge but maybe he was brought in for because they were shorthanded in the investigation. But not Paul Weiss. No. Not Ted Wells. An inflate gate investigation which was obviously done in a far more serious way. Had a much bigger consequences. Just incredible. All right. Jim we'll move on to. It is America. Nothing will happen. I want to make sure everyone understands that. Elizabeth Warren will call for further investigations. No one will listen to her because she's in the minority and nothing will listen to me. Read my lips. Nothing will happen. All right. We'll keep watching how it plays out. Jim let's move on to Costco posting some nice comparable short sales. I mean look Costco prices are still underneath what Amazon is going to do. And that's because Costco also has a card. They also like like Amazon Prime Costco delivering incredible numbers. They continue to deliver incredible numbers. Wait till they really gear up on their online. I happen to think Costco is a terrific company and that multiple got too compressed. Or another retail name five below beating on both the top and bottom lines. People weren't excited about it. And I think a lot of that is because people feel that the past issue of how they made it is from fads. They talk about how fads bring people in the store. I think it was actually a much more broad assemblage of SKUs that did well. So I'm not against five below but it does have a 29 multiple which is high. Well those fads were I think fidget spinners. Are you bullish on fidget spinners? No I'm a seller of those. You're a seller of those. All right Jim Warner's reporting that GE may be cutting jobs soon. It's amazing because Flannery obviously was going to wait for the big November order of November conference. He's not wasting any time. What does that tell you? It tells you that there's so much fat there that you can just come at it with a literally with a maybe the kind of a plastic knife and still come up with fat. And you think a try on should be on the board Nelson Peltz. Yeah why not. Let's put Ed Gardner on the board. I mean someone from the outside this GE board seems very insular to me. All right Jim moving on next week the new Uber CEO starts. Do you have any advice for him? My advice is just keep doing what you're doing expedited. It was fantastic. He is fantastic. He's a great guy too. All right hopefully he'll be on your show soon. I hope so. I mean his purchase at Homeboy and what he did with that was remarkable. People kept writing him off and saying the price line is good. I like price line but I like the expedient more. All right another stock you like FMC Corp upgraded by Bank of America. Yeah the old food machinery come this is because it's a double whammy. They went from being sell to buy and that's because they're going to get they're getting DuPont's a very good part of DuPont's ag business and remember it's lithium batteries. If you listen to the analog devices call you know the country the world they want electric electrified cars and that means lithium batteries. Well you talked about analog devices in your real money column. You said the quarter was brilliant. Yeah but look at people you should read my column and the reason why I say should read my column is because you'll see the mosaic of what's driving industrial America and technology right now and why the tech stocks aren't done. It's not just fang anymore. It's a fantastic column realmoney.com and Jim I've been going through some of the blogs and I think the pumpkin spice latte starts tomorrow at Starbucks. That's always been good. The triple venting cappuccino with skim wet. I've got my my Starbucks app and now my Starbucks does not have the ability to be able to order in advance. If Starbucks cracks that code and gets the comp stores back to four or five I think the stock can go up. Now I was critical of the company at sixty three sixty four shareholder in my chapel trust and I reserve the right to be critical when I think a stock is about to drop ten points. Well and just on the pumpkin spice latte I did some research. Fourteen grams of protein. Who knew? I think it's a little fattening. Yeah look I'm trying to lose some weight. I felt that I put some on the summer and I make my sauce. I will be saucing this weekend. Tomato sauce this weekend until the cows come home. My pickles were a little too sweet. I might make another round. Another round of pickles will look forward to. Yeah and I'll have some more pictures of my dog NVIDIA. NVIDIA. And I will show you how he really does answer to NVIDIA. I think I will do a I will say NVIDIA come here, NVIDIA come here. One of the things I'm watching is a vago Broadcom now going up. I wonder whether maybe they're involved with a Western digital. I was just positing things. Because the Sashiba deal they said there's three bidders. I thought it was only Western digital. We saw the Western digital really big profit. But I'm gearing on that. And I'm still wondering exactly who was doing that investigation of Wells. 67 percent more bogus. It's extraordinary. But remember what will happen. Bogus and bonus. It's just one letter at G and N. I predict bonuses for Wells Fargo. Not anything. Not slap on the wrist, but bonuses. Because this is America. Maybe a congressional hearing too. No that would require too much work. Yeah it would require Elizabeth Warren having one more person besides Elizabeth Warren and this Bernie Sanders. No nothing happens because it's America. I mean we have to understand that. That's you know I mean it's good and bad. All right you heard it right here everyone. Jim Kramer we'll leave it there. Thank you so much. It's always really appreciated. For more information on the stocks Jim mentioned please head back to the