NEW YORK (TheStreet) -- On Jim Cramer's Friday Stop Trading! segment on CNBC, Cramer lamented that, "I feel like we lost the home field advantage today with that employment number."
Cramer said he feels that Friday's bleeding market was merited and can't find anything to make himself feel better about it. On Friday, the euro was also dipping on the backdrop of a thin trading session.
"We should be extra cautious," Cramer warned. "At the same time, I don't want to be blind to opportunity."
During the segment, Cramer said that natural gas has been the only "green" on his screen.
Cramer also suggested looking at food companies
, which he said are deflationary stocks.
On that note, Cramer also expressed a liking for high-yielding stocks like
Kinder Morgan Partners
, which he said aren't sensitive to euro exposures.
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Noteworthy is that Cramer sayd he is now worried about one of his favorites,
, due to concerns about its margins. However, Cramer added, he still thinks it's a terrific company.
On Friday, Cramer was struggling to look for a scenario that would allow the market to snap back; beginning with the removal of Australia's proposed mining super profits tax.
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Click here for Cramer's Thursday Stop Trading! segment.
-- Reported by Andrea Tse in New York
>>05/27 Cramer's Stop Trading!: Buy Citi Stock
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