Jim Cramer and Action Alerts Plus research analyst Zev Fima are breaking down everything you need to wrap up the week from the jobs number to earnings from Arista Networks (ANET) - Get Report Exxon-Mobil (XOM) - Get Report , Alibaba (BABA) - Get Report and Chevron (CVX) - Get Report .
Katherine Ross has the morning off.
Jobs, Jobs, Jobs
Markets surged premarket Friday on a higher than expected jobs number.
Non-farm payrolls rose by 128,000 in October, the Labor Department's Bureau of Labor Statistics reported on Friday, above economists' consensus forecasts of 89,500 new positions for the month. September's payrolls, meantime, were revised higher to 180,000 from an initially reported 136,000.
What's the read through to the economy for the rest of 2019? Here's what Cramer has to say:
Arista Takes a Nose Dive
Real Money Stock of the Day Arista plummeted over 20% after lowering its guidance on "a sudden softening in Q4 with a specific cloud titan customer."
Is this drop in Arista testament of the co-dependence and interconnectivity of major tech players?
The market also earnings from Exxon-Mobil, Alibaba and Chrevon. Cramer takes it to a lightning round to break down everything you need to know.
Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM
Catch Up: Today's Top News Videos Below