Are taking a battering. This market can set whole sectors and polarizing them. Todays healthcare. The French Company cut its forecast and boosted its spending plan. Those are called kisses of death. The pin action from that, drug down the entire group. The negative forecast from bristol mile didnt help either. These used to be safety hiding places with high keep you. With trembling. At this rate is so high the dividends have become meaningless. Many other pipelines seem to be running dry. The cover is bear. Big pharma is just a nightmare. Just as we have been rolling bull markets in the old days, what we find out where marauding bear markets but thats what happens when rates go up. We have now got all over the place stocks falling apart. Thats what i felt all day. Were falling apart. The drugs, the oils, after chevron plummeted 10 points, chemicals failing to deliver the goods, they too used to be brought by the yields. At least until the fed starts cutting rates. Tech got a reprieve thanks to the glorious numbers from amazon. On the magnificence of a skill of upgrading amazon from James Colburn to if you know what that is watch the movie. Oils, drugs, at the nightmare out there today. Just a nightmare. Will next week bring more bear markets, more sign creatures . We have a big slate of earnings coming. Let me start with the most important event of the week. Thats the Federal Reserve meeting on wednesday. I think howell has some ammo. The house is rolling over. The consumers were saying jobs were strong we have that for. 9 gdp number. That is way, way too hot. Dont look for the fed to be your friend. Just hope it isnt your enemy. We will find the answer at 2 00 p. M. Lets talk about earnings. With mcdonalds, where my wife went today and had a double cheeseburger. For years i presumed mcdonalds would almost always get the benefit of the doubt if reports are good earnings. But now its up in the air because the market is so hostile with bonds. With its 2. 6 dividend yield and higher than average mobile feels like its not such a sure thing. What they get a question about no antiobesity drugs. Could get ugly. Tuesday is caterpillars turn to play the hunger games. Will put up a finite number. That said, cat is a very visible soft landing strip, one that might get clubbed if Interest Rates spike. At the tell members of the investing club, maybe you should wait. Some of the best buys are in the day after selloff as we saw when we told you to buy meta once it got just knocked to smithereens. Next there is which got clocked today because its a drug spot. Is a 2. 6 yield which means nothing. The fact that they bought Horizon Therapeutics seems to have no impact. However amgen has an anticancer franchise and they just got a rare disease portfolio from horizon. You have a company with 10 growth, sorry, i like it. Will have eaten. I want to see if they can distance itself from the nominal solar like and phase. And lead to substantial order reductions what a disaster. Intel reported a surprise and the stock jumped 9 . Amd had a surprising report. With the expectations now rising it may not be as bountiful as we hope. If there is anything wrong with amd it can trigger another big round of selling. I think it will do a good job but until i have low expectations wednesday the fed got results for cvs. I wish i had an hour have this dissertation in my head that i said to josh as we were watching the building. Amazon painted a picture of drugstore industry under siege. Ever since amazon got into the same day delivery from that consumables you can see at a pharmacy, cvs has been having existential crisis nightmare. Same with walgreens. And certainly within right aid. Too many drugstore staples can be bought online and delivered when you come home from work. Why bother going to cvs in person especially when all the good stuff is under lock and key and you can find anyone to unlock the plexiglas cage. You press the button and no one comes. Today at lunch we had chipotle. Im switching topics. How about that huge young brand when it reports on wednesday. This is going to be interesting. You know why . I think the parent of kfc taco bell and pizza hut has continued to deliver but the stock is expect at 20 times. If it doesnt blow out the numbers i think the stock is going to get hammered. Add to the close we hear from the paypal, airbnb roku at the. Only roku with the numbers pick up your the same score this time because those days the companies are bowed viewed as commodities. Actually they are. Some of them like paypal have been commoditized by increased competition but others like ansi are oneofakind. No one is using anymore. Thursday is the most important business day of the week, some say the year, as we get the results from the best performing drug company in the world, eli lilly, and the Largest Company on earth, apple we own both of chapel trust and i have no illusions of this stuckert munter and i think alongside with goby which is a preferable. I think its going to i dont know maybe even this week, it could get approved. You shouldnt sell the stock if it isnt because i think it will be. Either way, i truly believe this drug could be the biggest selling drug of all time. Which is why we still hold onto some of our for the trust. Apple, what can i say . You dont need a weatherman. I know all the holes in the store. No real growth to the iphone. Uighur chinese sales, no catalyst, who cares . All these worry the stock decline. As i say, own apple, dont traded. But accepted that it has often had tons of bad publicity around his Quarterly Report and has fallen 10 within a few days. Starbucks, another 7 a. M. After they do that, the company will hold an Analyst Meeting to lay out its strategy. I think the relatively new ceo will stress that they simply dont have enough starbucks locations anywhere around the globe, especially in china and in the u. S. I bet wall street loves to do. On friday would get results from a company that i have said after we have to take over pioneer is eog resources. Which remains among the best independent of all. My favorite is volterra. I thought there would be more competition but judging by the way they traded, i wonder if it isnt more of a more premium going forward. They deserve it. This is the bottom line, i dont mean to be cynical but unless we get some relief from this market which is totally out of control, unless it goes were has to go as we used to like to say, everything i just described is just a trade. Unfortunately, unlike many on wall street who have been wron , i think treasury yields still have a long way to go. Before they get to where they have to the. Lets go to randy in arizona. Randy . Hey, jim, im calling from the home of the nationally championed arizona diamondbacks. Im building a dividend portfolio and want to know your thoughts on as a dividend stock and you have a defensive dividend stock which you can recommend to everyone. I dont care about food stocks on yield basis because there is too many open ended questions. I do believe in the oil and Gas Companies like one oak at 5. 8. I think it is still good. Or in et, which is Energy Transfer partners which yields 9. 5 or epd which is Enterprise Partners which is really good and we are seeing 7. 2 . Those are all superior to conagra when it comes to you. Lets go to joe in florida. Im calling from sarasota. I love sour soda. Whats up . I want to thank you from for educating the average person. I understand the markets in the simplified format and helping us all make money. Thank you, that is why i still do this job. That is the only reason i do this job because if you talk to my wife she says why do you do this . Was going on . I love it. My son jeffrey and myself its the middle of 2020 have a large position. I like what they have been doing so my question is, can we continue to go long or is it time to take them off . No. Jeff marks my Portfolio Manager for the trust we were looking and at one point we were tended to get back in. Please do not sell halliburton. Thats where the great growth stores are in this era. Jim, thank you for taking my call and everything you do for the home gamers. I wanted to get your thoughts after earnings on ibm as a candidate for a core holding on a more considerate play on ai with a good yields. I thought the quarter was a very good. I went over it a couple of times because there is so much to read. In part because they bought a Company Called red hat and they have whats known as a hybrid strategy for the cloud. It really read well. They are doing some terrific advising its like an extension with a nice yield. I agree with you. We have a lot of good sauce stocks we just mentioned. Unless we get some relief from the bond market everything is just a trade. Treasury yields still, i think have a long way to go. Im getting a look at the housing plan to see if this foundation does have a good yields. Government spikes with lumbar giant warehouser plus after the busiest week of the season we are going to play am i diversified . Im turning in my homework and turning because you know you stumped me with some real good stocks. So, stay with kramer. Dont miss a second of mad money. Follow at jim cramer on twitter. Have a question, tweet cramer tweets. Sent him an email at med money. Cnbc. Com or give us a call at one 807 43 cnbc. Missed something, it had to med money. Cnbc. Com. Dont waste your t ying to. Thats what vector vest is for. Our market timing indicators let you know when to buy and sell so you can ride the rallies and avoid downturns. Vector vests powerful tools give you the foresight you need to buy low and sell high. And while everyone else is looking at the hot stock of the day, vector vest digs deep to find the real moneymakers, the ones you can win big with. Timing is everything, so make the smart investing choice today and head to vectorvest. Com for your risk free trial. [soldier] take a look at this theyve left us a gift. [soldier] i think we misjudged them. I love horses. birds chirping [soldier] we should open the gate. Lets see what charlotte thinks. [narrator] at crowdstrike, we monitor trillions of cyber events to detect threats and prevent breaches before they happen to keep your business from becoming history. We stop cyberattacks. We stop breaches. We stop a lot of bad things from happening. Crowdstrike. Protection that powers you. Cmon, were right there. Cmon baby. Its the only we need. Go, go, go, go ah touchdown baby touchdown are your neighbors watching the same game . Yeah, my 5g Home Internet delays the game a bit. But you get used to it. Try these. Theyre noise cancelling earmuffs. I stole them from an airport. Its always something with you, man. Great solid greek salad . Exactly dont delay the game with verizon or tmobile 5g Home Internet. Catch it on the xfinity 10g network. Every night i take your calls because teaching you how to invent invest is meaningless unless i answer the questions relevant to you. Sometimes i get stumped and i promise to circle back and do more research. I work through some of that homework and you deserve better. On july 17th john in florida asked me about relics a london based professional Information Services company. They do information based analytics to help their customers make better this decisions. Data solutions, Research Software and all sorts of electronic legal represents for governmental organizations. Agencies, law schools, law firms. You might know the last is lexisnexis. When the Company Reported its numbers and had a strong forecast for the legal business. We had a sense of how much relx stands to benefit from a i. These guys have repositories of data and it has become more valuable and learning models need to be fed data in both as part of the training process. You are going to hear a lot about that. Is part of what nvidia does. It has lexis plus which is starting to get traction with lawyers but i dont know how meaningful this might be for the business but i think its one of the main reasons why the stock is up nearly 23 . Has a Good Business model unlike the vast majority of stocks, it is less than two point away from its 52 week high. It has barely pulled back at all. What a solid stock that is. It sells for about 24. 5 its earnings per but its less expensive than thompson and i dont think its nearly as good. Generative ai buzz is responsible for the enthusiasm. I like that it has a robust core business that has only be enhanced by a i. However, given how much relx has run in an ugly market, i am worried about paying up for this one even with the stock trading at under earnings. In the end i think relx has a good story but im wary of chasing winners and surviving. Maybe wait for some pullback and do some buying. They have them. On september 18th, sean in ohio called about atcore and it is an illinois based company. Thats a part of construction that i like. Think of donuts for electrical power, mechanical pipes, security and cable. All of these are essential for construction. The number one or two player and most of their end markets but all of the infrastructure. We covered this in august of last year as a homeward. I want you to take it slow because the stock could struggle thank you to the federate hikes. It spent the next are getting pummeled along with the averages but then we got that marketwide bottom last fall and since then it has been on fire. It was trading at 88 and then it pulled back to 70 in september. At the hundred and 65 at a tie less than three months ago. Has pulled down to 123. Keep in mind atcore serves nonresidential market. Whenever recession fears pop up of the stock gets obliterated when people are worded the fed will have to lay waste to the economy to be inflation, this thing burns really ugly. About the fine metals . The i. R. A. Has a so much money from making buildings more energy efficient. Will get some of that business because they make all the conduits. Transport reported in august, they had a nice earnings beat well raising their earnings forecasts. The stock is up a. 5 for the year but is 04 7. 7 times earnings. Like many other cyclicals, wall street doesnt seem to believe they can make the numbers. Was all that was nucor. You dont want exposure in construction if you think were headed for a severe downturn. But if you think the fed can have a soft landing, on this one right here. On october 3rd sandy in my home state wanted to know about opera limited. Its pretty obscure if you ask me. Have a range of products from computers and mobile browsers like opera giving portals and opera news, not oprah. Some of you use microsoft or maybe Google Chrome to access the internet. Hundreds of millions of people in other parts of the world use opera. These guys created one of the first web browsers back in 9096 and they have all sorts of ways to tailored to different users. Kind of like other companies, it makes its money off advertising, especially such as. They partner with open ai and use generative ai to make their search partner more like a question and answer service. Opera is aiming to expand into the west which currently accounts for less than 50 of the user base. Yesterday morning it pulled a strong quarter. The earnings per share more than doubling yearoveryear. Of the same time there gx giving platform from average whenever for user growth by 24 meaning they are doing an incredible job at monetization. The stock could jump 10 yesterday. That you wish you had that one . Opera stock has been on a tear in the past few months as i mentioned. The stock has doubled yearto date plus they paid their first ever semi annual dividend of . 40 per share. 6. 7 yield. Dividends dont offer much of a cushion in an environment where you can get 5 from bonds but operas 6. 7 yield, that could be a different thing. I give them credit for putting up a solid quarter. If you want exposure, i would rather stick with the triedand true alphabet especially now that the stock has pulled back dramatically. They bungled telling and otherwise good story. If i had been on that, i would have that stock knocked down 1015. I would much rather go bottom fishing then try to chase stocks that are currently roaring. I. T. Is too hard to market to do any other way. Our viewers are so darn smart. What great ideas. We will be back after the break. Survive the unknowns. Thrive in any market. Cramer invites you to the game of games. Play mi diversified . Next [ clock ticking ] were going to have so much fun. adventurous music be ready for any market with a liquid etf. Get in and out with dia. In the u. S. We see millions of Cyber Threats each year. That rate is increasing as more and more businesses with a liquid etf. Move to the cloud. So, the question is. Cyber attack as cyber criminals expand their toolkit, we must expand as well. We need to rethink. Next level moments, need the next level network. [speaker continues in the background] the network with 24 7 builtin security. Chip . At t business. upbeat music awww. Awww. Awww. Nope. Constant Contact delivers the Marketing Tools your Small Business needs to keep up, excel, and grow. Constant contact. Helping the small stand tall. We are in the middle of earnings season for some of the biggest Influential Companies giving us market moving information every single day. It seems pretty easy to get overwhelmed by earnings reports, ups and downs, unless you know what you own and that is why we are playing am i diversified . Is when you call me and tell me your top five. I will tell you if it is diversified or not enough. Lets take some calls. Why dont we start with mary in idaho. Mary . Happy tgif jim. Amen, mary. You are welcome. Im a new club member and i appreciate all you do. I have a small portfolio and i will give you my five stocks and you can give me suggestions if i need to change things and answer the question of am i diversified. Amazon, apple, exxon, nvidia and ford. Thank you for those kind comments. We do have to mix things up a little bit. These are very tough because we had a disappointment last night with ford. We are keeping it but we are very much on about it because we did not think that the issues were addressed but it is an auto company. I have no feel for this quarter, i never view the kind of stuff. Do they have the best products in the world, best management and i wish the conclusion that the customer is always right.