Miserable and sleepdeprived and you dont want to think about talking to me. Its not like this past week was any slouch. We saw major disruptions, especially today in tech stocks, only causing the nasdaq to plunge 0. 80 as the dow advanced 21 points and s p closed flat. Tech. It pancaked. Next week, more snap judgments, more wrong judgments than you can imagine. Lets get to the game plan. Monday, fortunately is a light day. The only light day of the week. Well hear from halliburton that was hoping to merge with competitor baker hughes. What a ridiculous misjudgment of the antitrust division halliburton committed. I would fire those lawyers who advised on this deal tomorrow. Okay . And hire me. As i said, it would be dead on arrival the moment it was announced. I game them better advice for free than the Million Dollars of dollars of ills advised council. Oil had a nice run here. Based on demand chiefly from china. Thats made both these stocks attractive. With halliburton being the standout baker hughes left at the altar. I want to be clear. I like best of breed stocks. Best of breed is my speciality. If you are going to buy an oil and gas related Service Company and when it comes to service companies, there is only one to think about. Thats schlumberger which reported an incredibly good quarter last night. Its been buying back stock aggressively at the same time investing for the future. Tuesday, tuesday is going to make your head spin. Kicking off with 3m. Hit a new high earlier this week in anticipation of the quarter. That however is precisely the problem. Classic Growth Companies like 3m, with stocks that have run up into earnings have performed in a very suboptimal way, even if they beat the numbers. As we saw the stocks with ge and honeywell after they reported better than expected numbers. If you dont own 3m, may i make a suggestion . Why not wait until after it reports. Next up, dupont. Its merging with another chemical company, dow chemical. That reports on thursday. Its not fashionable to tell people to hang on to a Company Stock after it announced a deal. This is not just any company run by just any ceo. Dupont is run by ed breed who created a monster amount of value wherever he worked this. Guy is one of the best ceos in america. His vision of creating three more focus companies out of the dow dupont combination two, companies breaks into three including the number one seed company in the world after the merger, should make you want to be in dupont before and after the deal. My Charitable Trust ahead of this deal owned dow chemical. Holding dew through the deal, too. This is a winner, a keeper. Lets talk about the toughest one, procter and gamble. Its a stock i told you i like. Its going to be the test case. Test case for the entire week. Weve been watching these old line consumer package good stocks. Theyve been getting clobbered across the board no matter what they report. Thats true with procter and gamble down from 83 to just under 81 yields 3. 3 . We need to see a proctor stock vulnerable after that decline. Heaven knows after that pace in kimberlyclark went through setting almost five points on a no more than mildly disappointing sales number even though i love the organic growth. We need to find out if this rotation is winding down. And this stock of this company is going to tell us. I will tell you on mad money that night if the rotation is over, out of growth into deep value. If it goes to 78, we will know rotations not done. After the bell tuesday, here we go. Lets get started. Apple. You know way think about apple it. Want you to open it and not trade it. But i like pretty much everyone else believe this quarter cant be that special because the new phones that came out this quarter while popular with china and the millennials may not be enough to move the earnings per share needle. However, i think you can see a continued positive ramp in Service Revenues and apple supporting the low valuation that you would associate with a deep cyclical, with a classic value stock, not a growth stock. Guess what . This markets lapping up those deep cyclicals. So i dont think the damage will be nearly as bad as i keep hearing about from analysts who cant shut up. This isnt microsoft and alphabet priced for perfection going into the quarter. Any declined will be cushioned which the buy back. The iphone 7 is coming out later this year and you need to think about that. I repeat, dont trade apple. Just own it. Which is what my trust has done for years. The one you all seem to like or at least cant stop asking about. Twitter. Yeah, they report tuesday, too. Thats a combo twitter and apple. Twitter, its down 25 for the year and the growth is uncertain. How do i grade the growth . How do you gauge it . By my own increase in twitter followers. Its been an amazing tale for twitters growth. My numbers have been growing at a snails pace. All i can say is if the correlation holds true and this quarter will be more of the same ugliness we saw in the previous three quarters. The house of pain. Close followers of this show know ive been following boeing for ages. Ive been concerned about the profitability of that 787 dreamliner. Im worried well get a decent line wednesday. People trade off of that because they are morons and will be disappointed by the makeup of the report. If you like aerospace, stick with ge. Ive got a tough one for you. What do i do with a stock of United Technologies when it reports the same time as boeing . Not that long ago honeywell attempted to merge with United Technologies which drove the stock up to 100. The strangest thing happened. It aint going to happen, jim. Thats right. Ceo greg hayes, famously came on squawk on the street and said the deal would never occur. After getting hit for a couple of days when the deal was shot down, this stock roared more than five points higher than where it was when the deal was first proposed. Thats insane unless hayes has tremendous numbers up his sleeve. I like utx a lot. If i want to own it, wait until after the close wednesday. Facebook. Trust owns facebook. Everyone knows its going to get clobbered. Everyone knew it would be clobbered today. It is priced for perfection. Thats a standard almost no company saves service now has been able to meet. Facebook is an easy call though. If the stock is still above 100 before it reports, if its around there, at 100, 102, im green lighting you to buy it ahead of the quarter. Its got to be in that sweet spot. Otherwise if the rotation out of high growth is still on, facebook is going to get banged down. Dont be buying it then have it banged down. Have it banged down then you buy it. Is there a pizza war going on in this country . Maybe around the world . Yum which owns pizza hut reported yesterday. People didnt like it. I kind of liked it. You know whats been going on since . Dominos stock has been blasted back 5. If i were the ceo of dominos, i would be breathing a sigh of relief has this stock has been way too hot to sustain its position at 140 ahead of any quarter other than an extraordinarily strong one. I dont know if its repeatable when we hear from dominos thursday. That last quarter was so fantastic. Mr. Doyle, i know its going to be a tough one to beat. Amazon. This is an amazon quarter where there is a ton of concern the company is accelerating spending beyond last quarter. Amazon stock clawed its way back to respectability. I dont think the big spending will be one off. I think you are going to see it again. Thats among the reasons why im worried about amazon stock going into the quarter. Even if amazon delivers a sweet number, it might not be enough. I say be careful. Finally fridays oil day. Exxon and chevron issue their numbers. These two have been among the best performers in the dow jones average for 2016. This might be a defining moment for the oil. I believe crude is headed to 50. When it gets there, we are going to get thrown back down by a plethora of american supply. If oil is near my price target, i would ring the register on these conservative oil giants before they report. Heres the bottom line. This market despises growth. As much as it loves value. While we are on the lookout for a tidal sea change, i wouldnt count seeing that change occur until we get further along through this miserable week of earnings season. I think we should take calls. I say we go to linda in my home state of new jersey. Linda caller hi, jim booyah. Thanks for taking my call. My pleasure. Caller my question is about emc. I own several hundred shares. I know that theres a pending dell takeover. Right. Caller i wanted to find out from you whether i should hold these till the takeover or should i sell it . No, no. Linda from my home state of new jersey youve won. Declare victory. Lets move on. Weve got a lot of stocks getting hammered here. I would rather have you, buy, buy, buy, than hold on to emc. Jim in maine. Caller hi. Thanks for taking my call. My pleasure. Caller my question is around in trexon. It took a nose dive yesterday. Do you know why it happened . There is an eightpart series going on. Im not going to mention it because its anonymous and i think thats wrong. I think the s. E. C. Shouldnt allow that kind of thing. Thats whats going on. Its a complete and utter slam job. I aint participating. Bill mueller who i regard as being one of the finest investors of our lifetime thinks a lot of xon. Dorothy in florida. Caller hi, jim. My husband and i love your show. And watch all the time. I was hoping to get your thoughts on bed bath and beyond since its now under 50 and down quite a lot over the last 18 months. Yeah, but you know what . I say about bed bath and beyond, surrender, dorothy. I think this company cannot necessarily report what i like because its spending so much money on the omni channel. Look at what nordstrom has done. They spent billions on it and cant beat amazon. These guys are beating amazon. I think its a value trap. I dont want you in bed bath and beyond other than to shop there. Its a blast. I get those coupons and i save 5. Thats how i got anyway, its a bargain, the store, not the stock. Get ready to see plenty of snap and wrong judgments next week. We are going to get a sea change evently. For now, remember, the market abhors growth and loves value. Is skechers hitting its stride . The company is running all over wall street today after sprinting past expectations. Can they keep up the pace . Im taking a lap with the man behind the brand. Turbulent times for transports. Can southwest start soaring again . Ill find out when i sit down with the ceo. Starbucks, getting hit today. This has consequences for more than these three big names. Im going to reveal the bigger picture. I have a suggestion, stick with cramer announcer dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer, madtweets. Send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. When a growth stock stumbles, it can get annihilated which happened when skechers, president rapidly growing football wear Company Reported disappointing quarter in october. The Stock Plunged from 46 down to 31 in a single session. All the growth loving hedge funds gave up and assumed this story was finished. Skechers has a long history creating a lot of value for shareholders. Even though the stock is down 42 from the 52week high, its up 156 over the past two years. Skechers has come back with a vengeance. When i see this company reporting a Strong Quarter like last night, it makes me think many left skechers way too early. Company delivered a terrific 9 cents earning beat. Stellar 9. 8 samestores sales growth at their companyowned stores. This was indeed a tremendous quarter. From all the guidance was a little bit cautious, i think the stock roared 6 today. However, what really makes this stock attractive to me is its trading at less than 13 times next years earnings estimates. That makes skechers one of the cheapest Growth Stocks in this market. If it traded 20 times earnings, it would be inexpensive. Dont take it from me. Check in with the cfo and coo of skechers and find out more about the company and where its headed. Welcome back to mad money. Great to be here. We went from a story, a domestic story where you were going to be international to a story where i think the driver is clearly international. How pig can this company be given the fact youre just scratching the surface . Thats it. We are just scratching the surface. It could be monstrously big. We said we would get to 5 billion the next five years, i think well do it quicker than that. Theres a lot of runway around the world. In some places we are tiny with plenty of room to go. Lets talk about china. I thought it was remarkable more than 2 million. China, you are changing distribution there, do you need a Distribution Center for asia . You had to do one for europe. I think asia is going so fast its going to be something you have to do. We are going to have to do it probably in the next year or so. We are looking at it now to see how big we need to make it and where we should locate it to make it the most efficient. We will just like every place else. We like to be efficient and do everything efficiently. We are growing so quick and its such a big country, we have to do more work here. Do you think its time, given the fact you have so many performance issues, all of them on the table, this is going to be an olympic season for skechers . Yeah. Rebel young, he will do well. He will be the oldest american to compete in the olympics. It will show how good our performance foot wear works. Well continue to pass that. Our golf shoes are working well. We are excited about gogomat. Im showing it including a remarkable feeling at the bottom makes it more comfortable. This is the technological innovation i know kevin plank loves technology at under armour. I think this is radical. How is it selling . Its selling great. Comfort is in. That walking shoe walks very well. Its technology is sound, comfortable and it looks great. I see you are in dicks and dicks is a place where i regard being high performance. How is that going . Its going great. They are very happy, we are very happy. The shoes are showing well. They are growing well. Its moving along. Even our golf shoes are performing quite well to everybodys surprise. How about between retro retro and active work seems like concepts you could dominate. Retro we have to get our own. We are just a Young Company here. Retro is working for us. Our delights is working well. Our sport active is doing well. Weve grown about in every category and continue to do so. How come you have good numbers in russia . Because the stuff sells. Its all about product. Russia has come back very nicely. It was obviously difficult with ukraine. Ukraine sells very well now. They are coming back also. Its got a great brand identity there. Weve got a great partner in russia that does a lot of retail. They are resilient. The stuff is selling well there. I look at your endorsement fees. You have the guys you seem to pay the guys i love. One of my favorites is howie long. He is just a guy, did he tell you he loves them . Its a natural way people like skechers. Yeah. It works both ways. We have feelers out there we like people that like our brand. Howie is a superstar. Hes a great, a great image, a great identity. It works both ways. Social media still strong for you. It hasnt peaked at all . Not at all. We still have demi. She just shows very, very well. We keep moving along. We use every avenue available to get our manl and our product to the consumers. I saw new dsw. Is that the right place . Its one of the places. Like you said, we are in dsw, we are in dicks, in many places all over. We are in running stores. The plan has always been to be diversified and have product for everyone. Thats why we show well in all those places. I never understood the valuation. To me it should sell 20 times earnings. Once again, amazing quarter. I didnt ask about the cash or buyback. I love growth and thats what you give people. Thank you so much, david weinberg. Good to see you, sir. Thanks, jim. Its a cheap stock. I tell you its a cheap stock. People get frustrated. I never get frustrated with 166 gain over two years. Stay with cramer. This love affair with value over growth just wont quit. The move is breathtaking in both its love for the deep cyclicals and its hatred for the high fliers. Whats incredible is that it doesnt even seem to matter how bad the deep cyclicals are or how good the Growth Stocks are when they report. They are going in divergent directions. Southwest energy. Southwestern energy is a gas company, nothing special at all. I didnt think anything i liked in their Earnings Report this morning. Nothing. It paid so much for the it a the top for natural gas assets from a shrewd chesapeake. Maybe it had a little bump here because of storms that shut down texas capacity. Southwestern is surviving the down turn fairly well. Better than we thought a few months ago. If thats the case, the market is plaping up its own survival. Swn survival gave its stock an astounding 15 rally. We are in a come onecome all situation right now. Where the pin action from southwestern impacts everything from other natural gas stocks that was roaring toed oil and gas partnerships. Mlps are on fire. A drilling stock is up more than 2 from the 57 million shares it placed a week ago. What a home run. At this pace with oil up again, down nearly 44 because of increased demand from china, we are going to start seeing takeovers of oil and Gas Companies before their stocks get so far ahead that you cant merge with them. You know what . It is time for those who have capital to step up and buy the companies that can make money at 35 a barrel, still have stocks well off their highs. There are a couple of choice candidates. We worked on that this weekend. You were out having fun, ill be going over the oil documents. Ill come in next week with a better state of mind attitude. What represents deep value . How about the banks . You would think they would have quit already after rallying hard since they reported. They were supposed to be such bowwows, this morning suntrust gave a better than expected Earnings Report. 5 gain. Then the rails. You know the rails have been pummeled for ages. Coal, ag, chemicals, it didnt matter. They were going south. But first Union Pacific yesterday morning then Norfolk Southern gave you weaker revenues. They still made a ton of money. Remember that word i taught you earlier this week . Trough . How Union Pacific st