 All right good Friday morning everyone. It is time to talk about the markets with Jim Kramer on the floor of the New York stock exchange Jim we had some weaker than expected job numbers, but what did you think? Well, look I don't think I don't want the Fed to have to tighten four times of course the bank stocks sell off They won they won six tightings. By the way, let's say I always like to credit Carl mentioned Doug Cass You should go read Doug Cass to get a little always have to keep the negatives in Your face so you understand a negative thesis and walk you go wrong with you with the yield curve And that's very very important But I thought that in general I was disappointing and I just the disappointments in retail And I know there were some people on Twitter really putting a hate on me this morning Saying you know what Jim? It's not just Amazon. It's taking the jobs Amazon is code for e Commerce so lighten up. Well, you know, we had declines in retail jobs in December Barclays upgrading lows and target. I I thought that the lows upgrade was good is having an impact Target you're coming in on top of all this Amazon to buy targets. So it wasn't crazy about that I did like Wayne Hood's piece by the way On why you should buy Macy's that was very powerful the Transports I love it when the markets led by Union Pacific and FedEx those are good signs But against that as I recognize that things have gotten a little euphoric and you know Maybe do for a pullback. Remember, I did a piece the other day about the Commerce Department coming out on 232 Which will then the bears will surface take off their bull costumes and say look, so I told you there's a trade war with China Hey, there's been one forever. We've been losing and I just think you want to keep in mind the negatives when you have The beginning of a very strong start and that a lot of that is because there's a lot of index money comes in the first Couple of days and that may be tapering And also I think to some degree People were saying I thought the economy was really really strong and riding on the back of jobs numbers And are we losing that prop and that's the kind of chatter here Well, it's interesting because this Barclays note said that 42 companies have made public statements about investing in employees based on tax reform Yeah, no 80 companies have offered bonuses And I think that what you keep what you hear now is that there's going to be expansion And job and payment increases, but when you hear the quarters You're also going to hear about the buybacks and the dividends and that's going to be generally Rosie snare. All right, meanwhile city downgrading Roku. What did you think of this? You know, look at when the key line is first time people talk about is there's a March Blockup expiration and they did a sliver of the deal and it's live only a sliver of the company was sold when they came Public March expiration when you get to February that's going to put more pressure on the stock Roku fit bit Okay, Roku go pro these different device companies that excite you now Roku It did have a great quarter right out of the shoot But I just don't get too enthusiastic Because if there's a lockup expiration, there'll be more supply a lot of people are short broken and the note also refers to competition Of course Google Amazon Google. They're all Apple, but that didn't that's what caused the short selling So that's kind of old news the new news is is that people are going to be talking about this lockup expiration And when you get that additional supply, it's going to hurt the stock or Jim Who do you have coming up on med money tonight? Well the most the stock that's the most down in the S&P is Constellation Brands STC. I've got Rob sands. I mean I want to find out whether there really is revenue weakness or not because there's 3 billion dollar buyback The company had some great gross margins and great earnings So those who continue to sell it. It's in our bullpen for action alerts I'm getting more intrigued, but I want to see what Rob is to say I'm glad you mentioned action alerts because you're also hosting your monthly call next Wednesday And I've got some things kind of a some predictions for the year a bit of a look back, but also What we're talking about in the bullpen and what we bought because I really want people to understand why we're buying Okay, and you and I are going to continue the conversation right now on action alerts plus calm so everyone should go join us there. Thank you, Jimmy