Report. Which first sent the market down, and then upon further review, made it roar back to life. Dow ultimately gaining 108 points, s p advancing 0. 6 . Nasdaq 0. 92 . Wow so how do you play something as dry and convoluted as the labor departments release . Simple, you look at outsized gains in certain segments of the report and you extrapolate. Which ones showed truly outstanding growth . First there was construction. The economy added 30,000 construction jobs in march, with the heaviest concentration in residential specialty trade. Second, retail, which added 48,000 jobs. The biggest gains besides general merchandise, 10,000 new jobs in building and materials and Garden Supply stores. Bingo hallelujah you have your payoff. By home depot. It dovetails perfectly with the release. Now, we know home depot said it was hiring more than 80,000 people for the spring selling season. Thats the big holiday. So, profit point number one is hd, which is not, coincidentally, breaking out here. Second, how about lumber, appliances, and tools, which are huge sellers. Theres wirehouser, whirlpool, and Stanley Black and dercker, which is the tool play. Its been so strong, weve had to trim it back from our Charitable Trust, which you can follow at actionsalerts. Com. And employment and health care increased by 37,000, with hospitals doing the hiring. I want you to think amn health care the Staffing Service for those jobs. Its three points off its high. I bet it breaks out. Finally, the release dates employment continued to trend up in Food Services and drinking places. If thats the case, go with cisco, the syy. The food supplier to restaurants, and to darden, the parent of olive garden, which happens to report next week. I think it will be an excellent quarter. You do the homework on the companies, and then when you get the release, youll know the profit points. Thats how calculated risk plays out. And money can be made. With that in mind, lets get right along with our game plan for next week. First on monday, were going to get the big read on how many orders to work for the new tesla model 3. Earlier reports signal that about 193,000 people signed up for the car, in just the first 24 hours. Which means given current production rates, youll be lucky to get one in a couple of years. But this stock does trade on orders. Look out if you get another 100,000 orders over the week. This shows this 35,000 car may be the hit that teslas been looking for. Stocks stopped their resistance today, it would break out if he wit that number. More pedestrian, weve got durable goods out at 10 00 a. M. The weak part of todays otherwise fairly strong employment report was manufacturing. This is where weve been losing out to foreign competition. Look at how boeings fairing versus the weak eurobacked aerobus. Be prepared for political hay being made on this one. Tuesday darden reports at the open. And i think this chain revamped by that new board of directors put in by dissidence for starboard value, will report an excellent number, buoyed by olive garden samestore sales. I want to hear what they have to say about raw costs coming down, but also about minimum wages going up. Be careful, theres been an odd pattern with darden stock as of late. It tends to jump too high at the opening and it comes in as enthusiasm cools. So i say if you like the quarter, hold off buying until midmorning. My Charitable Trust is big position walgreens. So big we have to pare it back, so a good Earnings Report on tuesday. Ive got to tell you, i dont like that when that happens. I dont like this kind of running into the quarter. So i want you to be a tad circumspect. And remember, we also want to hear about how its fueled by riteaid is progressing. Coincidentally, riteaid itself reports thursday, and i dont want this to drag on that it will be halted by the furious back and forth behind the scenes about which stores will close, who will move on. That creates sloppiness in a chain. Weve got two huge analyst meetings tuesday and both will move their stocks respectively. The first is nvidia. And i bet this will have a fabulous story to tell. Its been a cramer fave. The second is first solar. And Deutsche Bank research put out a curious note today, saying that it expects first solar, maybe that they cant make the numbers. Maybe to just temper the enthusiasm. I dont know. First solar is the best Solar Company out there. However, ive seen the stock trade wildly off these meetings in the past. Deutsche knocked down my shortterm enthusiasm by a peg. But, longer term, i think first solar is best in show. And fit really does get it, i might urge you to do some buying. Another hot stock, Constellation Brands reports wednesday morning. This is a tricky one. Not unlike darden, where the earnings have been very strong because of terrific sales from corona, the doubledigit mexican beers that constellation sells in the u. S. But then the buyers bid the stocks up too high, and then it comes down. Wait for a better price if you like these numbers. Very few stories have been as beaten around the pipe amazon like bed bath and beyond wrp the couponing is heavy and the sales are light. Much of which bed and bath sales can be bought at amazon and delivered quite quickly. You may not have the appetite for the stores you once did, although i still go to harmon for my toiletries, even as the wife goes on amazon for sameday delivery of the stuff. However, one things certain, bed baths management has a huge appetite for its own stock. Thats why i stayed close to the number of shares is bought back, because one day this darn thing is probably going to go private if the samestore sales ever stabilize. Have you noticed some of the way these consumer packaged goods stocks, including general mills, smuckers, hormel and, geez, campbells soup, you see them roaring higher . How about conagra, now that its gotten rid of that hapless private label business, although its been anything but hapless now that theyre under the roof of tree house, which has a stock i adore. Can conagra join the evergrowing parade of food stocks doing well . I dont know. Well find out thursday. Im a tad worried about sales from tesla, as ford and General Motors had lighter than expected numbers when they reported today. What will car max tell us when they report. The stock looks like its bottomed, but lets see first if its a false breakout. Usually i dont care about shareholder meetings, but on friday, we could have some sort of fireworks when marriotts tallies the votes on its plan toll buy starwood. The ambac suddenly and unequivocally dropped out last night. And we had to think in the end that marriott got bluffed into paying a lot more marriott got bluffed into paying a lot more than anyone at the company would have liked. But, you know what . I still think the combination could work at these prices, but we might get blowback. Marriott stock down horribly today. So ever since janet yellen removed the fed from the equation with her need for caution on rate hike speech, weve been able to invest in individual stocks without bizarre, discordant, offmessage fed voices disrupting our thinking. Keep that in mind, as an awful lot of Good Companies are object to report in a week, where theres time to catch your breath before earnings season. I see ones i like. You know them and i would be a buyer in any market weakness. Were now going to go to the president , whos speaking at the conclusion of the Nuclear Securities summit in washington, d. C. These summits, in another six years, i want to thank everyone who participated in our meetings, and more than 50 leaders from every region of the world, and Key International organizations. As at our previous summits, we didnt just come here to talk, but we came here to act. I know that the very technical nature of Nuclear Security doesnt always make for flashingy headlines, but over the past six years, we have made significant, meaningful progress in securing the worlds Nuclear Materials, so that it never falls into thane hands of terrorists. And i want to take a few moments to step back and lay out exactly what we have accomplished. Together, we have removed the worlds most deadly materials from Nuclear Facilities around the world, with japans announcement today, weve now removed or secured all the highly enriched uranium and plutonium for more than 50 facilities in 30 countries. More than 3. 8 tons, which is more than enough to create 150 Nuclear Weapons. Thats material that will never fall into the hands of terrorists. 14 nations and taiwan, countries as diverse as argentina and chile to libya and turkey and serbia to vietnam have now rid themselves entirely of highly enriched uranium and plutonium. And particularly i want to point out again that successfully removing all of ukraines highly enriched uranium four years ago meant that the very difficult situation in ukraine over the past two years was not made even more dangerous by the presence of these materials. As of today, south america, an entire continent, is free of these dangerous materials. When poland completes its removal this year, Central Europe will be free of them as well. When indonesia completes its work this year, so will all of Southeast Asia. In other words, as terrorists and criminal gangs and arms merchants look around for deadly ingredients for a nuclear device, vast regions of the world are now offlimits. And that is a remarkable achievement. Weve made important progress in the United States as well. In addition to new steps i announced this morning, weve improved Nuclear Security and training. Weve consolidated Nuclear Materials at fewer facilities, eliminated some 138 tons of our surplus highly enriched uranium, which would be enough for 5,500 Nuclear Weapons. Working with russia, were on track to eliminate enough russian highly enriched uranium for about 20,000 Nuclear Weapons, which we are converting to electricity here in the United States. More specifically, as a result of these summits, every single one of the more than 50 nations represented here have taken concrete steps to enhance security at their Nuclear Facilities and storage sites, and that includes improved physical security, stronger regulations, abiding by international guidelines, greater transparency, and that includes International Peer reviews. 14 new centers have been created around the world to promote Nuclear Security and training and to share best practices. And as part of our work today, we agreed to keep strengthening our nuclear facilitys defenses against cyberattacks. Weve bolstered International Efforts to disrupt Nuclear Smuggling and the proliferation security exercise has improved. The United States and 36 partner countries have worked to install Radiation Detection equipment at more than 300 International Border crossings, airports, and ports, and we are developing new mobile detection systems as well. And finally, as i noted this morning, weve strengthened the treaties and International Partnerships that are a foundation for so many of our efforts. Again, we have made significant progress and everyone involved in this work, especially our teams who have worked tirelessly for years, can take enormous pride in our achievements. Nevertheless, as i said earlier, our work is by no means finished theres a great deal of nuclear and Radioactive Material around the world that needs to be secured. Global stocks of plutonium are growing. Nuclear arsenals are expanding in some countries, with more small tactical weapons, which could be a greater risk of theft, and as a consequence, one of the central goals of this summit was how do we build on the work that has been done so that we have an International Architecture that can continue the efforts, even though this is the last formal leaders summit. So even as this is the last of those leaderlevel summits, today we agreed to maintainchit through the United Nations with, the International Atomic energy agency, and interpol, to carry on this work, and to provide the resources and Technical Support that is needed to continue this mission. And we are creating a new Nuclear Security contact group, senior level experts, from more than 30 of our countries who will meet regularly to preserve the networks of cooperation weve built and to institutionalize this work and to keep driving progress for years to come. At our session on isil this afternoon, there was widespread agreement that defeating terrorist groups like isil requires more information sharing. Everyone understanding the urgency in the wake of whats happened in brussels and turkey, pakistan, and so many other countries around the world, as a consequence, our director of national intelligence, jim clapper, is continuing to engage with Intelligence Leaders from a number of our European Partners on deepening our cooperation, and today i invited all the nations represented at this summit to join a broader discussion among our intelligence and security services, on how we can improve information sharing within and among our nations, to prevent all manner of terrorist attacks, especially those that might involve weapons of mass destruction. In closing, i just want to say that preventing Nuclear Terrorism is one part of the broader agenda that i outlined seven years ago in prague. Stopping the spread of Nuclear Weapons and seeking a World Without them. In recent days, theres been no shortage of analysis on whether weve achieved our vision, and im the first to acknowledge the great deal of work that remains, from negotiating further reductions with russia to dealing with north Koreas Nuclear program. As i indicated in prague, realizing our vision will not happen quickly and it perhaps will not happen in my lifetime, but weve begun. The United States and Russian Nuclear arsenals are on track to be the lowest that they have been in six decades. Ive reduced the number of and role of Nuclear Weapons in our Nuclear Security strategy. In an historic deal, weve prevented the spread of the Nuclear Weapons to iran. An International Fuel bank is being built to promote Civil Nuclear cooperation. So im extremely proud of our record across the board and were going to keep pushing forward, wherefore we can, as i hope future administrations do, to bring us closer to the day when these Nuclear Dangers no longer hang over the heads of our children and our grandchildren. With that, let me take a few questions and im going to start with Roberta Rampton of reuters. Thank you. I want to ask about iran. And three weeks ago, irans Supreme Leader complained that his country has not been getting actual business deals since the nuclear agreement. And nonu. S. Companies are saying that its very hard or sometimes impossible to do much business with iran, without at some point, accessing the u. S. Financial system to do u. S. Dollar denominated transactions. So my question is, are you considering allowing such transactions . And if so, is that not a betrayal of your assurances that most u. S. Sanctions would stay in place . Thats not actual the approach that were taking. So, let me say, broadly, that so long as iran is carrying out its end of the bargain, we think its important for the World Community to carry out our end of the bargain. They have, in fact, based on the presentations that were made by the iaea this morning, to the p 5 plus 1, have, in fact, followed the implementation steps that were laid out. And as a consequence, sanctions related to their Nuclear Program have been brought down. Part of the challenge that they face is that companies havent been doing business there for a long time and they need to get comfortable with the prospects of this deal holding. One of the things that secretary lou and his counterparts within the p 5 plus 1 and elsewhere are going to be doing is providing clarity to businesses about what transactions are, in fact, allowed. And its going to take time over the next several months, for companies and their legal departments to feel confident that, in fact, there may not be risks of liability, the they do business with iran. And so some of the concerns that iran has expressed, we are going to work with them to address. It is not necessary that we take the approach of them going through dollar denominated transactions. It is possible for them to work through european financial institutions, as well. But, there is going to need to be continued clarification provided to businesses in order to