Reporting a 57 drop in Second Quarter profit as production slide. Change of feelings in j. C. P. Bouncing back after falling yesterday. The retailer refuting published reports about cuts in its financing. And whole foods beats on earnings but the sales growth misses expectation. Well talk to the coceo walter robb later this hour. First up, coming off an upbeat july, futures show a strong august adding to the positive sentiment, claims lowest level since early 2008. Not participating, though, is exxon. The dow component with an earnings miss. Profits falling 57 in the Second Quarter. The Conference Calls not until 11 00, jim, but there were no big onetime items. A little confusing . Exxons become a very plodding company. I always like to rate the Oil Companies by the Production Growth because in the end the companies can be growth stocks. Eog, how can you compare the two . Were a Global Company but you get lots of cash generation from exxon. You got 4 billion in buybacks. They spend for
Here. Andy . Weak canadian job numbers led to Canadian Dollar weakness. Watch the state of the union if president obama mentioned xl pipeline and says no go, more weakness to come for the Canadian Dollar. Im sure the short the euro to 132. Id be short aussie next week and dont be fooled by the japanese finance minister, yen will weaken. Hopefully dollar yen will give us good fortune this week. Your next chance for currency trade, sunday afternoon. Have a great weekend. Im jim cramer. Welcome to my world. You need to get in the game. Hes nuts, theyre nuts they know nothing. I always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money, welcome to cramerica. Other people want to make friends, im trying to save you a little money. My job is not just to entertain you but to make you a little money. So call me. Call it a pleasant day with the dow gaining 4. 9 points, nasdaq falling. We hear from annies. Now i got to tell you
Advertisements. Uncertainty about whether or not the offers are real. Wed like to help cut through that. To get people to take advantage of that. Which would be another housing upside for the economy. Tensecond surprise . Hoimts do yw many times do y the word uncertainty . Theyre screaming there are opportunities in the markets. Its when people are certain that you have to be fearful. I think were far from seeing certainty. Youre still bullish . Bullish as anything. Doug, richard, thank you. Steve, michelle, thank you. Thank you. Chicago tomorrow. We also have bob ruben tomorrow. Squawk on the street begins right now. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, with Carl Quintanilla with jim cramer and david faber at the New York Stock Exchange. The day after the s p and nasdaq posted their second best days of the year. We looking at a higher open, pretty much across the board. Actually, they just turned. Were looking down open here, 59 points on the dow. D
Price is right no problem, they make you feel like youre a family. Get a Synthetic Blend Oil change, tire rotation and much more, 29. 95 after 10. 00 rebate. If you take care of your car your car will take care of you. Stock of the day. Retailer lifting the full year forecast above expectations, back to 40 in september beginning of 07. All the way back to 40 now. Great to have you. Thanks for having me. Appreciate it. Squawk on the street begins right now. Good tuesday morning. Welcome to squawk on the street. Im Carl Quintanilla with jim cramer, david faber. Melissa is off. Latest s p case showing price index just released. Got the results at the bottom of your screen. David blitzer will join us shortly to break down some of those numbers. Futures do suggest some civility. After yesterdays drumming. Europe did sell off hard on the open. Losses in the 1 to 2 range. Similar story in asia. Nikkei got hit the hardest. Road map says, what now. Are there retail buyers waiting for a discount
Im jim cramer, and welcome to my world. You need to get in the game firms are going to go out of business, and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying to save you a little money. My job is not just to entertain you but to educate you so call me, 1800743cnbc. After todays beautiful rally the dow gaining 120 points, the s p climbing. 88 , nasdaq falling. 97 , really knocking the socks off the panickers, worriers, and short sellers everywhere, lets cut right to the chase and go into next weeks game plan. Its clear now the most significant reason for the huge decline we experienced over this week the one where people came out of the woodwork to pronounce the bull slaughtered and the bear roaring back to prominence was the release of monthold, emphasis monthold fed meetings. Now, next tuesday a