TheStreet's Jim Cramer warns investors about looking through the employment numbers. Cramer devotes a complete chapter to employment numbers in his most recent book, Get Rich Carefully. He says that when there are good employment numbers, which there have been despite gross domestic product being weak, investors need to shift their portfolios away from investments in utilities and fixed income. Cramer is not recommending momentum stocks but rather suggesting investors consider looking into stocks that do well in this expansion-- which means the banks and industrials.

undefined

More from Video

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

This Could Be the Summer of Hard Seltzer

This Could Be the Summer of Hard Seltzer