, clorox were one of the first to raise their hands and say the input cost was a problem as related to the gross margin a part of you being an investor for the future and not today looks forward to 2023 and there is some appetite to own names and they are going to be getting the benefit of input costs easing and to tyler's question, to some of how you're positioning for inflation ticking lower. so clorox is a great brand, well-positioned company that got hit so you're taking advantage of that pain t. rowe price as an asset manager rapidly gets discounted. the stock pulls back because people know that their earnings are going to roll over because of lower equity markets. i think at one point in the past week or two was down 50% and at a certain price you're looking again toward next year and i'm saying we're not taking another leg lower and the markets will get higher and there will be stocks like that that you will be opportunistically buying. >> thank you. >> greg dimarzio >> disney, the stock down 28% this year, but rallying back over the past month. the bull and bear case for the st

take the stock of clorox. here's a company that was given a cash cow. an injection of consumer wealth. a covid handout and all that is happened is the cash business have declined to 183 million now. even if they have not done anything to make the balance sheet better, surely clorox could've used the wipes windfall to double or triple burt's bees. and how about elka beauty, a cosmetic company that is doing so well. they have natural and organic products. you have a purchasing thing and expand hidden valley ranch or cell that and mccormick will probably buy. and moving to an area adjacent to charcoal, what about traders. you can buy that company for next to nothing and expand into wood pellets. this is a rocket silence. there is a windfall and you better do something with it. >> i really like that idea. that's really good. i know you are nodding. >> then there are companies that seem to not get it. take the rails and the airlines. let's focus on this. >> this is always happening. they used to hire people and lay the mouth. they laid people off during the

i cannot think of -- clorox reports -- ready to work because price increases seem to be sticky. can you imagine this is exactly what you want. it happens to general mills, kellogg, your costs go down but you raise your prices and then you don't -- clorox could be the -- leader and packaged foods but thursday we are going to find out -- really is without truck that reduces weight and helps with diabetes. i hear it is crushing the numbers. they have become very tight about that story no matter how many times i badger them endlessly, i think the weight loss drug is enough -- we are going to be offering wall-to wall coverage. don't forget we have our monthly meeting which is always fun. a lot of self-flagellation because that is just two a.m., a complete masochist. i want to see -- huge position for travel truck. they had an amazing quarter. nobody cared because oil is generally 5%. i think it can bounce back but the weak industrial numbers from china and europe are starting to hurt fossil fuel -- plummet. aside -- what else? americans keep buying chinese stocks no matter what. we c

are saying about clorox. if you are out there and want to build a tool for nonprofits to listen, let us know. we will support it. >> there are five lessons that i will go over. the first one is something i think everyone said. that is working together is one of the most important things. we all have limited capacity. we do not know everything. we do not have access to all of the communities. working together to get the bigger picture is one of the most important things. i want to reemphasize something liz said. know your capacity. that goes into working together. you should not be looking for every though thing. know which organization monitored that stuff. if you are a voting rights organization you will look at stuff that is looking at -- that's one of the most important lessons i think any organization should take home. another thing is that this work is year-round. trolls do not sleep. this work is to be happening 24/7. what i mean is not just the research, but also putting out good information. it's prob

today here is the science whether he wants to drink clorox and i'm not going to do that. it's those things that are in the neighborhood of burst. i will burst that eagerly that only i can fix the problem and ingesting clorox is good for you, dog were door course the warmer it will help you stay in your lane. scientists are this and then we will point out the facts. i think you should clearly label your self this is news, facts, or opinions. one of things i had a problem with i want to be a columnist. the ten or 12 come back to me. and then maybe will value your opinion. you don't know enough to have one. as you have solid management from your paying people that used to be had of five years experience to go anywhere, right? now they are hiring you straight out of school three after five years you need a raise you're making more money. they reach out and hire another person whose chief. i was the first thing that was said to me i walked to the briefing room in 1986 he said brian not first row was about hundred years of experience there, listen to every one of them and learn

here, families and friends are paying their last respects to aaliyah clorox. he was shot dead on march 6th. it was dissolved just beneath the doom which humanise other it bore you to his the him recently moved it was number lines to do it as a must have been bought. you bought in chic knees sales, the guys with with ah, digital use of dumps wish lakes variances here have shocked me and left a deep impression or miyoshi jessica, but i can't really process them yet. okay. mean, yeah, i'm trying to understand it, but how can i i only grew my actual cds gc. i'm not really interested in the devastation itself. and although i will photograph it, if i have the chance you give me a pretty decided so was worse when interest move most people's pain and suffering and a boy their experiences in that which is deeply human. no stood the chilly. it's you, scott, me in . ah ah ah ah, you recall since neighbour valentino rascal did not flee pin was, it is why we couldn't you? the roof of his house was hit by a grenade and all the windows were blown out. real close to the 1st a

also in your stocks is clorox company, let's suggest people do not drink the clorox, that has been suggested know anyhow, one of the ones you like and it is hard in sort of any environment to go wrong with alcohol, constellation brands, why? >> yeah, so, you know, look, there's a lot of debate obviously of, you know, what's going to go on with the economy, how deep a recession will be if one does happen, and the beauty about constellation is that they're just gaining distribution because they have so much marketplace momentum right now. so when you think about there are opportunities in stores like grocery store, walmart, et cetera, they're gaining distribution, but they're also gaining distribution in bars in restaurants where they have very -- where they're less exposed right now relative to their history. so regardless of what happens in the category, this company is still going to be able to grow and outgrow and gain share because of this distribution muscle. >> if you're concerned that the rising prices are going to pinch what people are willing to spend on dining out, if you're worried

so i was just looking, you know, clorox has a trailing p/e of 39.nch of other stocks, zoom is a cheap stock. what that's telling me is the market does not think their earnings are going to grow because, right if cathie wood and them are right, zoom is like a ten bagger from here. if the market's right, they're saying this is a one-trick pony that's not going to grow much more than this otherwise it wouldn't have this huge discount to consumer staples like clorox. >> but you're saying it's cheap. >> i think the jury's still out if they can evolve. >> you're saying it's cheap relative to a staple stock, it's expensiive relative to the market. >> it's expensive relative to the market, absolutely, right, but not that much more expensive. i just think that the reason it's not trading higher than this is because people don't believe the growth rate. they think the growth is going to continue to slow. they pulled all that forward, and as people go back to work, they're going to cancel their zooms. listen, we use zoom, we use teams. zoom does much better th

to know what people are saying about clorox. if you are out there and you want to build a tool for nonprofits, let us know and we will support. kyle: so there are five lessons that i will go over that are important to share, the first is something i think everyone said and that is working together is one of the most important things we can do in confronting disinformation because a lot of us have limited capacity. we do not know everything and we do not have access to all of the communities impacted. working together to get the bigger picture and push out good messaging is one of the most important things. i want to reinforce size things always said, know your lane and know your capacity. echoes into the working together because you should not be looking for every little thing. know what your organization -- what matters to your organization, monitor that stuff. if you are voting rights organization, you are looking at stuff related to alexion, democratic institution, probably does not make sense for you to necessarily monitor a

to know what people are saying about clorox. if you are out there and you want to build a tool for nonprofits, let us know and we will support. kyle: so there are five lessons that i will go over that are important to share, the first is something i think everyone said and that is working together is one of the most important things we can do in confronting disinformation because a lot of us have limited capacity. we do not know everything and we do not have access to all of the communities impacted. working together to get the bigger picture and push out good messaging is one of the most important things. i want to reinforce size things always said, know your lane and know your capacity. echoes into the working together because you should not be looking for every little thing. know what your organization -- what matters to your organization, monitor that stuff. if you are voting rights organization, you are looking at stuff related to alexion, democratic institution, probably does not make sense for you to necessarily monitor a

we're going to start with clorox shares are moving down about 3%.revenue miss then bookings holdings, the company reporting better than expected quarterly profit, but guidance is where investors are worried. they say travel disruptions cutting into growth. paramount also lower, despite a revenue boost from "top gun maverick" subs topping 43 million shares, fractionally higher here. and alibaba. hi, eunice. >> reporter: covid testing sites like the one behind me weighed on alibaba's business in the quarter, but did ease up a bit in june. the revenues stagnated net revenue halved, a lot of that is because of the weekend consumption. of course, the economic uncertainty, people concerned about not having jobs. chairman daniel jong said the signs of recoveries since sfremts june, and has gradually improved still, alibaba has other challenges that was also reflected in the numbers. this is revenue that alibaba derives from selling services to the merchants, really important to the business. it was down 10% year on year, as the company looked to fall more

something like clorox definitely works. this envelope is very fragile. kristen: good to know. early monkeypox infections, they share some of the same symptoms with covid, sore throat, nasal congestion, coughing, and that can prevent -- present before the lesions. what should people do if they are not sure what they have? peter: we should have a low threshold for checking and doing a test in monkeypox. a lot of people focus on the skin, but there are a lot of things you can have before the skin, particularly if you have lesions in your mouth and other places, like engineer -- in your urethra or rectal area. you can encourage your clinicians to send that for pcr. but the big difference between covid symptoms, which look similar to monkeypox, you have big lymph nodes to monkeypox. that might tip off some people to get checked. the other thing is not to panic. the rash will come maybe a couple days after. if you're severe, we have more therapeutics we can give people, as well, like an hopefully soften the blow of disease. kristen: all right. dr. peter chin-hong, don't go away. you

that tells me ever closer to a bottom you should be owning clorox. it's the absence of stocks apple, tesla and microsoft could face short term backs. i'm turning my homer share what i should have known when you called me. how can inflation come down from here. >> tonight is the lightning round. stay with cramer. >>y diminish wrinkled skin in just two days. new crepe corrector lotion only from gold bond. champion your skin. >> why not both? visibly diminished wrinkled skin. new lotion only from gold bond. champion your skin. >> everyday, big decisions are made without full information. overloaded by data. come pounded by complexity. better decisions are made in life. power e*trade's award-winning trading app with clarity and confidence. make complex trading less complicated. custom scans help you find new trading opportunities. while an earnings tool helps you plan your trades and stay on top of the market. >> ebd tools come like a training less complicated. custom pan. for as low as $25/mo. switch today at visible dot com. your shipping manager left

clorox and other big consumer giants seeing how the u.s. consumer is pulling back.e are seeing a stagnation in u.s. revenue. what sectors will be most resilient to this change? >> we have had a really tough first half of the year. this quarter we are starting to rebound, the s&p 500 is nearly up 10%. do your point, a lot of the figures are backward looking, they have not priced in a lot of the fed rate hikes or quantitative tightening that is starting in earnest this month. what we see going forward is a lot of the economic softness may be ahead of us, we see further revisions until 2023 earnings, gdp growth, they continue to be sub trend growth levels. the good news for investors is this does not mean you will get another 20% downturn. a lot of the work to the downside had been put in in the first half. as we look for it, we do think still the value parts of the market and other parts of the market continue to make sense as we get through the volatile months with the fat in play. -- fed in play. when growth is lower, growth parts of the market may start to work aga

why is clorox making a big comeback even though on the arm, you see it for sale all the time >> it gotap, and it sold off hard that people aren't buying wipes as much anymore. >> pepsico has defense and growth with frito lay. >> great ceo >> the question is how defensive, though, do you want to be in this market which has been led by growth over the past few weeks? >> the fact that you have growth, walmart up, that's -- >> big move bringing kroger higher. >> kroger is your guy. what do you think of kroger? >> kroger has been doing well. the food inflation story has actually worked for them as people are shopping more at home. >> don't you use their private labels it's very good. >> people have shifted into private label now. >> you think kroger is a great operator >> traded down. >> you like all of them, kroger, costco >> i think they're well run at this stage of the game you're seeing some companies make a comeback. take williams sew know more my barometer because laura is fabulous, you are seeing that stock go up and this is, again, people aren't -- think about tim cook it isn't like

they have some bargains on clorox things. >> i am not the market for clorox things. grills outdoor things. >> traeger cook. and go to ollie's, because they have every grill in the world, and you will not believe what they have. it is so right time. i have an ollie's is so great. >> we will go together >> i went to ollie's and i got tarps, and seven of them for the price of one. >> not the old asset program. >> you see, when you go to ollie's, you never know what you will get, and you have to see what is hurting. you like the yankee candles? they can march on them at night and not only grant, but representative cheney there losing overnight. and lowe's, is do it yourself. and the do it yourself person, and they don't have as many professionals, but professionals at home depot, and the margin is at 222 at 66:03, and this would not surprise me if the stock was down, and people would say s i like home depot more, and this was out, so i think that you can only go so far. t this is the market plagued by the two-year today and by what you and i will spend a whole lot of tim

there is a lot of clorox. i cannot wait to go. of the days with buying the books that are water damage, because they didn't have good inventory. the bottom line? the retail inventory glut may have targeted and torpedoed the second quarter. that is why they turned it around today. that is why we are watching the others as they report. i would go to michael in new jersey. michael? >> hello, i would to thank you for all of the advice you offer on "mad money". i am a law student. i appreciate your advice in the volatile market we have going on here. they make you are very kind. there are so many people excited about this story. i thought, maybe these people were on twitter and straightening the knuckleheads out the don't think i am that nice. i really am. go ahead. >> you are. >> i have a question about ge. what should i do with it now? >> you should hold ge. i like the breakup. the aerospace is terrific. i am getting excited about power. power has good products. this is very good for larry. i do think we'll have news in ge. we have a

some other stories that are less positive today based on earnings outlooks, clorox disappointed earningswn 6% ahead of the earnings. this is a story about the supply chains. it is more vulnerable to them when people are demanding that prices not rise too much. eli lilly talked about headwinds from the fx currents. $400 million off of their top line off of that. lucid group talking about the forecast going forward. expectations for 2022, the electric carmaker down you to date. the reason why these stories are interesting, some stocks were bid up dramatically during the pandemic, but we have seen the wind knocked out of most companies. that is underpinning some of the market. tom: vix, 21.88 is really quite something less than one hour from jobless claims. it out was saying he joins us -- ed al-hussainy joins us. good morning. i want to go to your real job before you got this act at columbia threadneedle. at moody's, you rated em. how fragile is em? ed: it is a good question. there is a really long tail in emerging markets that is in distress. we see that in asia, sub-saharan africa. the e

brands, clorox, and others st.hief james bullard kicking off with an exclusive on cnbc at 7:30. by the way, a voting member of the fed. then it's philadelphia fed president patrick harker, minne philadelphia fed president patrick harker, richmond fed president tom barkin and minneapolis fed president neel kashkari >>> gentlemen, thank you both for being here andy, let's start with you on just the market yut looc we've seen a nice little bounce today. we'll see if it holds. is this an area of the market that's still feeling good to you right now for future investments? >> sure. so investors are feeling good because the month of july was one of the best in quite a while. it was a really long hope for balance in a year that's had little in the way of good news for investors. i think the reason it's happening is that earnings season is coming in much better than a lot of investors had feared companies have shown resiliency in being able to pass on inflationary costs to consumers. profits are still growing, and that mea

clorox dropping. apple supplier qorvo dropping after its results.s and mgm popping on a revenue beat then setting a record for las vegas strip. it's time for the final trade. around the horn. >> vicks is on my mind. >> be nice to andrew tomorrow morning. hug it out. >> we have been doing really well lately, trying. we differ on a few things as you know. it's amazing. >> like what, black, white. >> it's amazing. and then sometimes when he switches then i switch to the other side. grasso. >> i had to come up with a value stock where on wednesday we will switch gears. i went with ge. still own it. >> that is like split one for -- reverse split for age. >> i thought it was 80. >> their vs, i don't normally love buying a stock up 6 bucks. >> for six bucks and not a stretch evaluation at all. >> thank you for watching fast money. you get to see how nice i am or not nice. mad money. >>> my mission is simple, to make you money. i am here to level the playing field for all investors. there is always a warm market summer. i promise to help you find a. mad mon

. >> jimmy: clorox pouch [ cheers and applause this has been a "news smash. ♪ [ cheers and applause >is. i read that some scientists think that we should start naming heat waves the way that we have other natural disasters, so that people take them more seriously. but i'm not sure naming them is a good idea. take a look at this recent weather report i just saw. >> if you're in the midwest, brace yourselves because kayleigh is coming and she is hot. extremely hot. experts are rating kayleigh a scorching hot ten. way hotter then jemma, who has been downgraded to an eight. [ laughter ] kayleigh's only expected to get hotter as she moves toward l.a jerry, this feels wrong. [ cheers and applause >> jimmy: that's interesting it just feels wrong, i agree >> wrong some business news airbnb wants to stop big gatherings at houses, so they're rolling out new anti-party technology. in a related story, airbnb just went out of business [ laughter ] >> jimmy: they had a good run. switching gears, everyone loves tiktok, okay but sometimes you just want to skip the boring parts of a a video, and get r

. >> there was a time when clorox could do no wrong.t was pretty bad they say sales will be down for percent fiscal 2023 and they cut their profit guidance to for next year, that means they say inflation will hit profits for all of next year. peak inflation may be there starting to cost less but not for all companies. >> you break down the earnings reports into two groups, the group which says we've got pricing power we can raise prices, they go up were looking at the effects of the recession and downgrading our future performance, those stocks go down and adding student behaviors i tell you the last time i sanitized my hands i was doing every time i touch something drink open, that affects the company by clorox it changed our behavior drastically. >> we are in business for six minutes, the dow is 90 points again at the top of the show i said things were coming down your only down .3% and that's the big board how about the dow winners procter & gamble is up there, visa, home depot and nike the top performance of the doubt as for the s&p

there's one side that adheres to science and one who wants to you know, drink clorox, and i'm not going to do that. so, you know, it's it's those things that that are you know in the neighborhood of burst. i will burst that easily in eagerly burst the balloon that only i can fix the problem that ingesting chlorops is good for you that that dog dewormer or horse dewormer will help you. i you know stay in your lane the scientists or this and then we'll point out the facts and that's you know, i i think you should clearly label your stuff as either fact, you know, this is news backs or opinion, and i don't think and one of the things i i have a problem with her young reporters going out. yeah. i want to be a columnist. many years experience. do you have too and you got 10 or 12 come back to me? and then then maybe i'll value your opinion, but you don't know enough to have one and that's what we're unique good solid management, but when you're paying people it used to be that you had to have five years experience to go anywhere. right, and now they're hiring you straight out of school and t

p&g, kimberly-clark, clorox, the defensive names have been underperforming and cyclical names, industrialss. tech is holding up tech is flat this month believe it or not despite some bad news, overall tech is flat the market is not acting like there's some kind of you are in level of uber hawkishness coming from the federal reserve what is the earnings risk? work under the mild recession theory how much will earnings come down we see the economy decelerating. everyone acknowledges that there's a lot of debate about peaking inflation or not earnings are lower but still positive i want to show you how fast they've been coming down in the last couple weeks. yes, they're still positive, but if you look compared to even three, four weeks ago, these numbers are well below what they were july 1st from the third-quarter earnings for the s&p, up 11%, half that today, 5.5%. they'll come down more after salesforce that doesn't include salesforce. for the fourth quarter, numbers again stay positive, not negative, but also almost half what it was. july 1st, 10.6%, today 6.4%. i think that number comes

>> they are prominent clorox products so this is the inventory overhang i've been talking about.n it gets to olli's army, that is the beginning of when your margins get slack >> interesting well, what's the takeaway for the market, anything >> takeaway, consumers products are about to get rocked. customers aren't willing to pay full price, they want to trade down >> not bad for cpi >> yes n nuveen >> the opening bell. here's the big board jackie robinson, in celebration of the jackie robinson museum. here at 1 luxom square low carbon renewable natural gas producer opal fuels did the honor. >> a rendering company that makes diesel fuel out of animal waste. and the brookings school for society, turns out they had an original 42 jackie robinson -- like in some drawer. and it's a tragedy that wasn't the most important thing in brooklyn, as your folks will tell you >> i know, believe me, a big brooklyn dodgers fan i had a ball with signature. i wrote over it, of course i was like 6 years old >> well, i kept -- i kept -- my mom did not throw away my trading cards. >> i can't find mine

we all got a webber or a traeger or the one that's an egg or whatever i don't know clorox reports >> a big report. we'll watch for that you mentioned cars a moment ago. ford has auto sales out for july well oolwill turn to phil lebeau good morning. >> a big number for the month of july for ford compared to a year ago, seams up 36.6%. temper any enthusiasm about that number when you consider july of last year sales were down 31%. that's the choppy market we're in because of the chip crisis as we came out of the pandemic, still 36.6% is a healthy increase relative to a market that has been struggling right now in terms of overall sales. evs is what people will be focused on their ev sales up 168% yes, it's coming off a small base, but clearly there is momentum there, especially when you take a look at their market share. they say that they have hit 10.9% market share we've talked about this, guys, that you'll see ford and gm start to pick up greater market share as they ramp up production f-150 lightning sales, 2,173 in the month of july, a healthy increase there and then you've got th

[mÚsica] con las bolsas glad con clorox, todo está bajo control con tu basura.19, incluso si son leves... no espere, hágase rápido una prueba. si da positivo y está en alto riesgo de enfermedad grave, actúe de inmediato... pregunte si un tratamiento oral es adecuado para usted. el covid-19 se mueve rápido... y ahora usted también puede hacerlo. figueroa besando a una mujer , raÚl: luego de esta publicaciÓn que hizo la revista tele notasen lo demuestra en su portada juliÁn figueroa besando a una mujer, Él tuvo que hablar. juliÁn: mi accionar no fue el mÁs apropiado y le ofrezco unadisculpa a mi esposa, lo siento, si de alguna forma y comportamiento no fue el mejor. reportera: asÍ es como responde la publicaciÓn de la revista tv notas en donde se le vio agarrar a besos a una fanÁtica olvidÁndose que es un hombre casado. juliÁn: obviamente ahora estÁ enojada, estÁ triste, quÉ te puedo decir, y el mÁs sacado de onda estoy yo, porque el tema no es solamente esto que le afecta a ella directamente y a mÍ, y si no todas las demÁs acusaciones. reportera: nos cuenta que f

francisca: quÉ bueno que iremos al con las bolsas glad con clorox, todo está bajo control con tu basurao que tiene los detalles. dice cÓmo responde el presidente andrÉs manuel lÓpez obrador. para poder solucionar un problema, eduardo, hay que reconocerlo. quÉ piensan allÁ? eduardo: muy buenos dÍas. en efecto, como lo dices hay que reconocer que hay un problema. lo hace el presidente, pero tambiÉn de alguna forma minimiza todos estos hechos de violencia. hay quienes se han atrevido a seÑalar que son actos terroristas. Él dice que no, que no son actos terroristas. que mÁs bien son actos que intentan grupos armados para desestabilizar al paÍs. importante destacar que a consecuencia de esto llamÓ a cuenta a los encargados de seguridad tanto a la marina, la guardia nacional, el ejÉrcito, seguridad nacional en general. ellos explicaron parte de los motivos que a su parecer o por la informaciÓn que ya tienen es que se generan todos los hecho delictivos como el ocurrido en guanajuato, jalisco, en la frontera y michoacÁn. ellos dicen que los grupos estÁn reaccionando de esta manera por la pÉrdid