 We are on the floor of the New York Stock Exchange on this Friday to talk about the markets with Jim Kramer and Jim. It is jobs Friday Yeah, look, this was a remarkable number a lot of people like to look through numbers But I did a study of this and get rich carefully my last book where I looked at every single employment number basically since We started Action Alerts and it's the most important indicator of where the market's going to go And you can't look through it if it's a strong number. It's good And if it's a weak number it tends to be bad unless the Fed is in a tightening cycle where it's already tightened To a point where it's overdone. We're certainly not there. So I take it with the notion I have a piece this morning real money saying it was just posted saying hey listen bears The reason what makes me more optimistic than you is because we have great employment growth And we're gonna have very good earnings and I don't know a great employment with with not a lot of inflation is Allows this the central banks to do what they want And that means raise rates which means we're gonna be led by banks and if we're led by banks And that's a good economy good market and your real money piece unbelievable about buying the dips with respect to Oracle Thank you. I mean look Oracle goes from 46 to 52 on a great quarter. It then pulls back to 48 Is that bearish in the environment that we have? Where people think that stocks going lower are therefore companies doing badly. That's why dip buying works But a stock goes down. It doesn't mean the company's doing worse It means that the environment has changed and that's why I think oracles a buy and there's a there's a dozen oracles out there I could give you Nike I bet you that Nike Important distinction or at the legal battles between Apple and Qualcomm continue David Faber's going on about this and you know He's he's really saying look it's an existential whenever you hear that word You always get really nervous existential conflict for Qualcomm It's either do or die and I don't like to be in a situation where that's the case Those who really want to play Qualcomm, you know, you got to do it with 50, you know You know some far out 50 strike call I think that Apple is a your own Apple. You don't trade it and this is more reason I think Apple's got the upper hand here All right actual errors plus holding Facebook There was a note out from society general saying that basically expectations are a little bit high here Yeah, I don't know where they get that. I mean, you know, you stick your finger in the air The fact is is that there's a note out today about Twitter and by how that they meet, you know Monthly average use good, you know, no growth Things may not be that great. We know that snapped, you know turned out right out of the shoot wasn't that great Well, where's everybody going yahoo? No, I mean if you have a one What you do basically a monopoly one Facebook on one video on Instagram I mean honestly when I talk to people they say listen, I'm really worried about Facebook I said why well because there's this company Instagram and it's killing it. Yeah, hey wake up That's Instagram Facebook. So I mean, I just think that when you hear that kind of channel check It's been so wrong so many times. You have to see the number I mean, you know people cannot make channel checks because Facebook's very tight-lipped I have like I do a lot of stuff with Facebook. They won't give you any information So I don't know where this guy's getting this information. All right Palo Alto Networks was upgraded at C Yeah, that was a good call. I've looked the monolees thing is jarring, you know, wasn't monolees is fault We know from these articles that I do like monolees. I like the snack business I think that the five-year plan to raise margins is fantastic Irene Roosevelt doing a good job to get margins up in a slow growth environment I think that Palo Alto is the natural call that people that to give they'll do fire I in order to be able to find out who did it Fortinet It's the one who actually it plays a little more offense But Palo Alto is the well-known name and I think that the upgrade makes a lot of sense And I think the Palo Alto had a really good quarter-last another good example of what I talk about how You everyone keeps saying Jim there's so much multiple expansion and you're dancing like Ray Dahlia said we're dancing Wait a second Palo Alto report a great number then the stock went up and then stocks done nothing But Palo Alto is good and it's got a new cycle coming so I like Palo Alto And you had Irene Rosenfeld on Mad Money last month. I mean look Irene. I mean, here's the problem It's food and there's an article that was so great today in the Wall Street Journal about food The the shelf space is no longer the mode because you can get a lot of stuff online Irene's done a remarkable job in the following way She has taken costs out costs out costs out costs out and now I think she can play a offense overseas I think snacks are going to are starting to do better because people like to snack now That's a secular positive economy. And how do we know that look at what what injury new? He's done with Pepsi. I mean, did anyone ever notice how great that stock is that's big action or something And stop training you talked about Kimberly Clark. Yeah There's an analyst Wendy Wendy who's really quite good and she was saying look if it weren't for the fact that Kimberly could be taken over she would be going to a cell on it now Goldman had a cell in Kimberly like it at 100 It was really dead wrong Kimberly is a great American company and the idea that they have they can't just that the growth is peaked there is Always makes me think well wait a second. That's the case and maybe Kraft Heinz should buy So what happens is is that she's saying there's a bit underneath for a lie Yeah, I like the piece and I like this the reason I gave it was kind of metaphorical There's a bit underneath for all of these companies whether it be Campbell's whether to be general mills whether whether be honestly You could say that is Monterly's where if the stocks really went down someone's going to buy it And and that's what the piece was about in Kimberly like she listen. I tell you to sell it, but someone might buy it Wow, I mean a really interesting moment for the packaged food and for the consumer packaged goods companies All right moving on Warren Buffett Berkshire Hathaway buying energy He's getting cheap like you know, I've been recommended his stocks. It's 19 what 83 and I reiterate my buy That's it. Yeah All right, we wanted to talk about a few things next week Monday We have our trading strategy you know And I look forward to listening to you in that that great group and you're doing a remarkable job And I get some really good ideas about it People don't talk about how you know we you have to have fixed income. You have to have gold Yeah, that you have or commodities, you know You really want to have foreign and that round table encompasses all the things for very sophisticated investors It's the only thing I know One or offline that you can get should cost thousands of dollars to be to listen. It's really good All right That's Monday at 11 a.m. And then the big thing next week is of course your AP call on Wednesday I'm going to explain a Lot of our say I like to explain some of what we've been doing and particularly a new it a new Initiation that is so so important also go over our ratings our weight and our weightings You know, I talked last night on that money about how there's some things you always wish you hadn't done I have been at you know, I've been adamant can't do well yet Adamant that you you know, you got to be careful with snap one You got to be careful with retail which is Walgreens July 11th remembers Amazon Prime Day Yeah, those have been the holes in the lineup And I will I address the holes every single time because I think if you can control your losses your winners run and oils been terrible Retail's been terrible, but the others been good And this is such a great opportunity to get your insight beyond 140 characters. Well, yeah I mean me, you know, I go I spend I spend out It's probably the thing I spend the most time one of anything I do in my business life right now I spend gardening. It's different. That's this weekend