 Hey everybody, it's Thursday. We're on the floor of the New York Stock Exchange yet another morning of rallies here. Jim, we're at Dow $25,000. Incredible. Yeah, and this one's led by the banks, which is what I really like. I don't like rallies that are continually led by inflationary stocks, mineral stocks, mining stocks, oil stocks. I like rallies that are led by the financials because the financials, which are between 14 and 16 times earnings, represent tremendous value. And when we see an ADP report that talks about all the jobs you've created, then we expect that the Fed will raise, which is great for these guys. We need Jay Powell, the new Fed chairman, to sell his 30-year bonds right here. I wish he would do that. I know Jay for years. I wish he would do that because we need inflection in the curve at this great time to sell. But I genuinely like a rally that's got Jay P. Morgan as the leader. Now I am going to stick my neck out here and say that the retailers that are going down with the exception of L Brands should be bought. Because while they've run into these months, you'll be surprised how good they're going to be when inventory is low. Yeah, what did you make of Macy's? Those numbers? Macy's went from 19 to 26 in anticipation of a better than expected quarter. And they went from minus one projections to plus one. Now that's not plus three, so they're people who are disappointed. What I point out is you're getting another chance. This market has, I said this, I wrote this in real money. This market has no memory for the bad. Literally, two, three weeks from now, we'll say, wow, look at Macy's, so much down from the high. Let's buy it. I'm trying to get in ahead of that. And Macy's is only closing seven more stores than we previously thought. Look, Macy's the story here is inventory. My parents worked in retail, and my father worked at Gimbal's, my mother worked at Litt's, and it's filled off yet. And all you need to know is if they can clear the winter inventory at full price, they're going to have good quarters. This is all about full price versus discount. And I wish people would understand that, but they're not in retail. I am. And we were worried about Macy's dividend not too long ago. Yeah, I know. And you know, look, I mean, I was being facetious when I said Macy's is more likely to boost in the cut, but Macy's is paying down debt, which is something I've urged Jeff Kinnett to do. And I'm very proud of the work that Jeff's doing because what he's doing is reinventing on the fly. Now, that said, it's very tough because Amazon is constantly coming after everybody. There's a really good piece today about Parago, about Amazon and Parago teaming up to offer products that are as cheap as what Walmart offers. So whatever you do, there's always an anti-inflationary component. And that anti-inflationary component is Amazon. By the way, with this winter storm, Amazon. Winter storm, Domino's. Domino's a big two upgrades, Jan 10 meeting. I like that too. Because people are staying home, they need to order stuff. And by the way, Constellation Brands, big numbers, Bruce, Wells, Fargo, they boost a lot of stocks, but they report tomorrow. Keep us a Constellation in mind because people buy the beer, okay, and then they come home and they have pizza. And Jim, we have Dow 25,000, but as you very visually showed us on Med Money last night, there are things that are not baked into the cake. Well, I mean, people want very... I mean, be very, very clear about this. I think there are a lot of people who hate Trump. I think there are a lot of people in Wall Street who are very cynical. I think Main Street is not nearly as cynical. I think that companies that pay bonuses, yeah, $1,000 means nothing to rich people on Wall Street. Particularly the analysts. When you start at a very high price, you just work higher and higher. $1,000 means a lot on Main Street. There are a lot of people who are struggling paying their health care bill. A lot of people have too much debt on their MasterCard. That $1,000 goes a long way. Last in 2004 when we had repatriation, George W. Bush, yes, it's true. A lot of big companies, and there were only a few that really did it. But they bought back stock and they did dividends. They did dividend boosts. We could get that when we hear quarterly reports. But the fact is, is what we're hearing is far more about expansion and hiring people. And why that story is not being told, I think it's because a lot of it is because people don't want to admit. Now, this is not me saying vote for Trump. What me saying is, well, it's not just a coincidence. Okay, it's not just a coincidence. This is a real rally based on animal spirits, based on deregulation. I own an inn. I own a bar. What matters is regulation. Regulation can wipe you out. Regulation keeps you from expanding. How do I know that? Because I do businesses. If you do a business and Wall Street analysts do not, you recognize that there's a different spirit. And you can put up that second restaurant. You can buy that second inn because you're not as worried about your gross margins getting hit by new regulations. Well, and those cynical people you just mentioned may sound the alarm soon on a possible trade war with China. Well, that's, yeah, I expect that in real money. I got a piece about that. Your next big buying opportunity will be when Wilbur Ross comes out, the Commerce Department, and says that steel should be a treasured industry. It's national defense. We make tanks with steel. Can't make up a Chinese steel. China's wiping out our steel industry, so therefore we should put a huge tariffs on Chinese steel. By the way, Obama put tariffs on Chinese steel. That will then allow all the foe bulls to come out and say trade war. There's been a trade war for years. We've just never fought back. And they'll sell Boeing and they'll sell GE, which is inching back up, and they'll sell Caterpillar. And what I'm saying is be ready for that. That may be your next big buying opportunity. Yeah, I learned a lot from that piece. Go to realmoney.com. Meanwhile, yeah, it was great. Meanwhile, Jim, Intel shares down on those security folks. Intel is tough. Eric Johnson, who's by far the best tech writer in this country, wrote a remarkable piece about Intel versus AMD last night and what this means. And you must read the piece. It's J-H-O-N-S-A. Johnson owns this story. And I've read every story this morning about Intel and what it means for AMD. And you read his stuff and you'll recognize that it is messy. It's messy for Intel. Now, I'm confident that Brian Krizanich, who did sell stock admittedly, but it was off a program sell, is already fixing this problem. And maybe three months from now, we'll forget about it. But the fabulous Lisa Sue SU at AMD, the CEO, will use this to beat the ban and it will matter. By the way, Nvidia, Johnson tells you that Nvidia is not necessarily the big winner. It is AMD and AMD is going to take advantage of us in the publicity world. Yeah, quite a competitive space. Meanwhile, Jim, who do you have coming up on bad money tonight? Well, I have as I continue my cleanse. I've got Planet Fitness, which is a remarkable company. And yes, people do make resolutions at the end of the year. The millennials tend to follow the resolutions. Millennials are complete nuts. They do everything that we don't do. They're like, listen, my body is a temple. I don't know. My body used to have a lot of alcohol. I'm taking a month off of the cleanse. By the way, if you want to know who's really taking off a month, go to L.C. Detweiler on Instagram. That's my wife. She's been in India for like a year now. And you take a look at the pictures. She's in Jodper. She's in Jaypur. She's in another purr today. And it's just fun to watch. When she comes back, we've admitted no alcohol. And to own a bar and have no alcohol is a statement. That is tough. It's a statement. I don't know how you do it. I don't know either. I'm pretty scared. Jim Cramer, thank you so much. We're going to continue the conversation behind ActionAlertsPlus.com. Please join us there.