 Hey, good Monday morning everyone, it is time to talk about the markets with Jim Cramer on the floor of the New York Stock Exchange and Jim, let's begin with ADP rejecting Bill Ackman's board nominees. Yeah, no, I have the CEO on tonight and I think it's completely realistic they rejected him because it's not doing that badly, it's got a great total share over the term. But I do think that the presentation that Ackman put together raises a lot of concerns about margins. I got to find out, I want to sit down and talk with Mr. Rodriguez, find out what's really going on because if they can raise margins the stock could be a very big stock. And I think that a lot of the suggestions that he has, that Ackman has, it seems really good. It doesn't necessarily mean they have to be on the board but I do think that's just as good. That interview was tonight, 6 p.m. Eastern on CNBC and speaking of Ackman, Herbalife actually held talks to go private. Yeah, now Herbalife and they gave a contingent right that if something happens you will make money which is why I think that stock has passed this Dutch tenor they're doing. This is a terrible news fragment, terrible news because if you're short of stock and it goes private, now it's not going private but if you're short of stock and it does one of these deals, it almost assures you of having a loss. Now Ackman's tenacious and he will come out, I presume if he does, say that this is just more desperate action perhaps but they couldn't make it private. He can declare that as a victory. Let's move on to apparel, Nike downgraded at Jeffries, what did you think? The Footlocker cop score on Nike was devastating because it basically questioned the Jordan franchise which has produced so much money for Nike and it was correct to question because they said that basketball shoes were down double digit and that's shocking. Maybe there's this whole generation that's never heard of Michael Jordan. I said in real money today, it's a generation that doesn't see the story, doesn't see the narrative of Jordan and this generation needs to see one before they pull the trigger. On the complete flip side, what a quarter from Estee Lauder. Estee Lauder was remarkable and I think that what people have to know about Estee Lauder and it's one of the reasons why Ali Bob is up again today is that the Chinese sales were extraordinary. Also I question whether Draghi can really keep rates down given the fact that the Italian sales were extraordinary. Spain, UK, France extraordinary. So I mean what these are obviously Estee Lauder does not make something you can't live without but the China numbers are really off the charts and Fabrizio Freida is an unbelievable executive. He's out of Procter and Gamble by the way. Well and that's the EO as you mentioned on Squawk on the Street really sounded the alarm on U.S. malls. Yeah, I mean he basically said look the 17% of their traffic from their malls of their department store traffic is U.S. and it's devastating. There's no two ways about it. Now he did talk about there's a maybe things could settle down but I don't know how you get the mall back. It's very Humpty Dumpty the mall. Alright moving on this on-course saga seems to have settled down with Semper Energy, Topping, Buffet. Yes now this is Elliot that made it so that the Buffet deal didn't close and congratulations to Elliot partners. They did an amazing job. They bring in a company that can make a lot of money buying it. Buffet would have made a lot of money too. You can tell how much Semper is is up today how much Buffet would have made so it was a very good decision by Elliot and they're the winner. Did you see Intel releasing a new PC chip to go out? Yeah I understand the greatest chip out. Look Intel's making a concerted effort against AMD. They're making concerted effort against Nvidia with purchase of Mobileye. I reiterate that I like Nvidia. Yeah I reiterate that I like Broadcom. Actual or plus holdings? Yes. Alright Jim let's end as we always do with earnings to watch. We have Salesforce reporting on Tuesday. I think Salesforce can be great. I think that Salesforce this move onto the cloud is endless and it's now taking on a lot of different proportions beyond tech and financial. We haven't heard from betting off for a long time but I think he will tell a great story. Alright Jim moving away from stocks for a moment it was a big weekend for Pickling at the Jim Kramer house. Yeah I mean I had a lot of pickles. I had a lot of cucumbers. Now it turns out I made them too sweet and I'm a little depressed because I used to pickling a recipe that I shouldn't have. They're good. They're not great. My sauce was great. Not good. My sauce was extraordinary and there I ate a lot of zucchini, a lot of wine, a nice amount of cheese but the tomatoes were extraordinary because what you want to do is you want to use tomatoes that don't have a lot of seeds and I grew a huge number of yellow cherry tomatoes and that was terrific. The pickles are fine but they're sweeter than I like. I like sweet and sour so I misjudged there and so I mean I got 30 jars. I'll get through them. Alright now you know for next year. Alright Jim we have a solar eclipse today. Everyone's talking about it. Are you making any special arrangements for bug and evers? I don't want my dogs to see it. I'm going to get them some sunglasses. Now my daughter is directly under in Oregon. Quite an exciting day. And for us I don't know. I hope that the dogs will keep the dogs inside. I am so tempted to look at it. It's terrible. I brought some sunglasses. Obviously that doesn't do the job. I remember going and when we have them I was very little and we did that pinhole with the paper and that was ridiculous. I turned around and looked at it and I'm seeing fine but I know that I'm wary that that was when we had an ozone layer. They took away that. The pollution guys. So I don't know but we'll be sure that bug and evers. Remember evers was renamed NVIDIA and bug was Chevron and he answers to Chevron. Jim Cramer thank you so much as always. Alright for more information on the stocks Jim mentioned please head back to TheStreet.com