Trade deal and the market soars the dow gaining 221 points s p climbing. 86 and the nasdaq. 73 . What do we say hello . Hallelujah i dont mean to trivialize the importance of this news. It matters it does matter President Trump trump stock, trump stock. Might be able to reduce the tariffs with the chinese by 50 , or cancelling or forestalling the tariff hikes that were supposed to go into effect this week that would have affected a lot of consumers china is willing to make some major agricultural purchases while doing a better job of enforcing u. S. Intellectual Property Rights and maybe opening up their market, specifically to the services and especially the Financial Services industry. And thats a big deal. But, and this is the worlds biggest but, the days when a china deal could control the fate of the whole stock market are long gone, even as we act as if its all that matters initially the market reacted to the tariffs as they were going to cause a worldwide recession this whole deal or no deal game seemed a lot more significant. Now, though, the trade war has only escalated, yet our economy is in fabulous shape our stock market keeps charging to new records and job growth is extraordinary. At this point, this phase one deal with china, lets call it the icing on the cake. Even if it falls through, the cake is still pretty darned good and if we get something signed, it could be even better. But as im about to go through it, its a small part of the s p 500. Thats why i want to explain whats at stake with this phase 1 trade deal and how we could potentially profit it from, because its not mad politics. Its not mad china its mad money. First, lets be clear. What do we get in exchange for trump agreeing to roll back some of the tariffs and hold back on others whats at play here . What can go right . Its an agreement that very specifically benefits some major institutions, at least thats what it sounds like to me, and youre looking at them jp morgan, citigroup, goldman sachs, American Express, mastercard and visa. If everything goes right for the u. S. , this tentative deal would let them establish a strong presence in china, and theyll finally be able to maybe compete directly against chinese operators rather than being forced into partnerships with them where they would steal all the intellectual property and perhaps even my bank account okay the financials have roared here. But i think theyre still worth buying even jp morgan, the most extended, that stock has had a big move i like American Express the most on this, because a china deal would give it enormous cache in the peoples republic. Im looking at the pastiche and deciding that this is one theyll like the best. My second favorite would be goldman sachs, which needs to get some growth here china can provide it visa and mastercard could easily have more upside and the ceos, time and again in the old days told me if only china would really let us in well, if they do, look out above. Again, all these stocks are excellent. And even if the deal somehow falls through, the valuations are not that bad so other than for this one, and i happen to like them, my Charitable Trust owns it, you can handle any deal that breaks down and still do okay i have to say that because think about whats been going on the second echelon is tech this morning we got a very discouraging note from Credit Suisse about a possible 35 drop in chinese iphone sales. Plus they point out that the tariffs could raise the cost of anni phone here by 67 smackers apple was down more than two bucks when the president first did that tweet that made people feel better about stocks by the end of the day, you know what the stock closed in the black. And you know what that says to me it says so much for trading, not owning apple. Own apple. Even today, this deal will keep status quo for apple here and maybe give a sales boost over there, hence the rally into the close. Ive been adamant 245 you should have some 5g internet superb with the deal looking very likely you know what you want to own . Yeah, my dog, whos got some kind of kennel cough its kind of annoying. I hope he does okay, because the chinese regulators will finally perhaps let them acquire melldla melanox. Everyone is going to get so excited. I also think the more traditional fiveg oriented chip makers will work, even though theyre up a lot skyworks, qualcomm im a big fan of amd, but it ran too much today in anticipation so one more manufacturing problem at intel and also some very high speed new products you know what . Ive got to tell you, in anticipation of the delays of intel, im going to say dont own intel. After the bell, broadcom reported i thought it was a good quarter. More importantly gave a big dividend boost, and that works too. Go by fractional shares. Its 300 bucks what else . I think people are wagering too much on some of the traditional cycles here, and that mean youve got to by thinking about caterpillar, honeywell or commons. Their numbers might go up, but i dont go crazy with them i would love to recommend boeing if they can just fix the 737 max. Unfortunately, it doesnt seem that they can. Charitable trust owns this these we have to be careful, because the numbers can still come down. You know what should catch fire, maybe though it shouldnt, energy i think the machines that control so much of the day to day action are set to buy on news i discover these things. Schlumberger, probably best in show chevron did well today exxon down and out bp. Those are trades like caterpillar, cummings, dont overstay your welcome with any of these now, lets reel down lets get excited. Lets go to hasbro mattel. Theyve been trying to shift their sourcing away from china it tells me a lot more progress than hasbro. Both stocks surge on the news today. I think theyve got more room to run. When we talk to the ceos of hasbro and mattel, were very conscious this weekends tariffs were going to hurt them inordinately theyre really in the crossfire. Guess what if we do delay or scrap december, these are going to be two stocks you can still own and buy. I like mattel here i think you can go much higher, otherwise the prices for the toys would be prohibitive. Its not just toys the whole toy retail has been hurt dollar tree has been hobbled upside, home depot has been trashed. Some selfinflicted. Upside walmart and target, they spend a lot of money in china. The best thing about these retail stocks, there is not a loft upside built into them already. They seem attractive andy, lets talk trades. Macys and kohls. With macys i think the estimates are probably too high, even if tariffs get rolled back. Kohls sees more momentum from the Amazon Partnership you can return your amazon purchases in person at their stores these work only so far as you can throw them best buy and footlocker have the most exposures to this weekends computer and footwear tariff hikes that are now being put on hold perhaps best buy had a terrific quarter. Footlocker did not best buy investment, footlocker, trade. Nike, never in trouble still some short sellers betting it because of the china exposure they would miss. Sneaker kingpin reports next week investment just like nike, starbucks, never really in trouble with china i have liked this story ever since Kevin Johnson came to the u. S. Air force academy and told us he wanted to back up the truck at 81. Investment, not a trade. Trade las vegas sands, the Casino Company with a huge presence in macau. Winner winner, casino dinner how about transports fed ex, trade. Word today hurt by china numbers are probably too high. It can get a bounce. Investment, union pacific, the most china exposure and diagnose a lot to buy back stock and clean up their operations. Finally, some odd balls. Waste mfgt used to sell a lot to china. The stock did nothing today. Like that. Stanley black decker sources a lot of stuff from china. Thats why it was today. The president with the ceo of stanley, cummings and union pacific. All that said, i still think the best way the bet on trade deal is by presuming something is going to go wrong, even after todays encouraging developments why . Because despite this tentative agreement from china, i expect them to renege talk is cheap and reforming your legal system is expensive. Next week im going to go back to our regularly scheduled program and Start Talking again about stocks that have nothing 20 do with the trade war i know people have been demanding this list. I read my twitter feed other than a couple of knuckleheads that really despise me, thats what you want and the guys who really despise me, you know what . You cant stay away from me. Now you know what works. Now you know whats going to happen i just remember, please, these are mostly shortterm trades buy, buy, buy sell, sell, sell not investments and then were going to go back next week to the hundreds of stocks that have little or no relationship with the trade war or the trade truths. Hey, by the way, once again, how stupid was the guy with the trading apple . If you want to sell down, fine but trading apple its supposed to make a noise okay anyway, lets go to mike in florida. Mike, mike, mike caller hey, jim. How are you doing, buddy i am doing well im blasting the people who say trade apple. Do you mind . Caller not at all. How about those people . How much do they cost you . Caller i have a question go ahead. Caller im actually calling about delta. Delta caller with delta, ive been holding it for a while i have a large position in there. Okay. Caller and ive had a good run, but theyre kind of stuck in a range. Yeah. Caller now with the 737 coming back into service some time in the near future some time, i dont know if the influx of all those planes coming back to service with the other carriers is going to put pressure on delta. Lets talk the airlines are an okay group. Theyre very inexpensive the stock of delta is very inexpensive. The stock of apple is very inexpensive. I would rather own apple than delta, just top of mind because i still cant believe that someone took out the stock just today right on the eve of the agreement. All right. The tentative deal, lets talk about it for a second while i do this one trade deal with china can give a lift to a lot of stocks, even some surprising names. Im giving you my lessons, kind of subliminal, like lets go out to the lobby and buy some 7up remember, a lot of these are trades, not investments. Im talking to the ceo of adobe. What is the market rotation out of the cloud for the company mean Going Forward and then news that a trade deal may have been reached. Im going tell you why there is no time like the present for china and the job explorers to pay the piper. And last week i asked the ceoss of robin if they planned to add to the platform. They demurred. Theyre not demurring today. You can go buy a dollars worth of apple or even 50 cents or a penny or have the Credit Suisse guy whamma jama you out of your own money. So stay with cramer. 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 ss800743cnbc mi something head to madmoney. Cnbc. Com. Donald trump failed as a businessman. He borrowed billions and left a trail of bankruptcy and broken promises. He hasnt changed. I started a tiny investment business, and over 27 years, grew it successfully to 36 billion dollars. Im tom steyer and i approve this message. Im running for president because unlike other candidates, i can go head to head with donald trump on the economy, and expose him fo what he is a fraud and a failure. [narrator] at Southern New Hampshire university were committed to making college more accessible by making it more affordable. Thats why were keeping our tuition the same for all online and campus programs through the year 2021. [woman] i knew snhu was the place for me when i saw how affordable it was. I ran to my husband with my computer and i said, look we can do this [narrator] take advantage of some of the lowest online tuition rates in the nation. Find your degree at snhu. Edu. Apple card. Is a new kind of credit card, created by apple, so its simple and transparent with a new level of privacy and security. It lives here and here on your iphone, and it will save you 6 on Holiday Gifts at apple; like iphone, apple watch, airpods pro and so much more. Apply in as little as a minute, right in the wallet app. This Holiday Season adobe has a design for giving investors holiday cheer. Can they create enough Christmas Spirit to make your portfolio a winter bond land oh, boy some Companies Just dont know when to quit look at adobe, the longtime cramer fav digital and marketing king ping with software that is essential, if youre trying to sell on the internet, create new designs, do anything ecom. Adobe got hit over the summer, but last month the darn thing came roaring back, and now were witnessing the next leg of this rally. After the close today adobe reported a terrific quarter. All i can say its almost impossible to get this kind of growth from a company this size, and thats why the stock is roaring in afterhours trading i think it has more upside, maybe a lot more upside as it is trading at an alltime high this very evening lets dig deep were the bankable chairman and ceo of adobe to learn more about the quarter welcome back to mad money. Thank you so much, jim. Look at these numbers surpassing 11 billion youve got growth. A lot of people were worried you could stay above 20 you far exceeded that. Which are the big drivers that make it so that you have 24 yearoveryear annual growth well, jim, i think most companies would be thrilled to have one Growth Initiative thats actually paying off, and we have three, whether its unleashing create activity, whether its accelerating document productivity or whether its powering Digital Businesses content is fueling Digital Economy with the core of whats happening across all digital and its really great to be able to post the kind of numbers that we did when you first started talking to me, you talked about how everyone has a story to tell how far along are we now that people are discovering that they do have a story to tell, and they can use you to tell it . Well, Digital Media arr grew 539 million in terms of the net new arr, jim, and thats a record this is years into the transition from the desktop to the cloud, and max was the most successful max ever. Everyone has a story to tell, whether youre a k through 12 student, whether youre the largest enterprise in the world. New devices are emerging systems are emerging and so i think were just enabling anybody to take the Creative Ideas that they have inside and express it across any medium at the same time, i am astonished that a business like the document cloud is still growing like a weed. Deutsche bank, saudi aramco, saudi aramco came to you for help with paper to digital when everybody is trying to figure out how they can move to a paperless society, how they can expedite automating and efficient paperbased processes. There are trillions of pdfs that are being created every year there are billions of people who are viewing pdfs and the way we have extended the format, the way weve innovate aid ross the desktop and mobile, the way were making all of this available as embedded services in the api economy so that people can embed media within their business processes, thats fueling the growth i think to your point, q 4 document cloud group grew 31 for the year we continue to see acceleration in that business how pdf can help with moving inesch processes to automated and digital. Most companies, they want to go giant enterprise. Some want to do small mediumsized business. I am impressed once again. You use a term that im going to incorporate, steam, not stem and you have ambassadors at a young age who even in a time weve been talking are now ruling the world talk to me about steam well, i think the World Without us, jim, would be a very boring place and if youre talking about people who are changing the world, through corporate social initials, everybody has to really make sure that when theyre trying through social media to get a following, to be able to tell their story, to be connect emotionally with their customers, thats the kind of next generation creatives that we are attracting to the adobe Creative Cloud platform. And it doesnt matter whether that is mobile applications, whether that platform is youtube, whether that platform is a social media platform, whether its instagram we just want female be able to use adobe products across ever one of those different media types. With new emerging things that are appearing, whether its augmented reality or Virtual Reality in which you can actually enter their environment, were at the forefront of that technology as well so were not going to rest until every single individual has access to Adobe Technology we are going to say that approximately 23 Million People now have access to adobe spark, which is a very, very simple and intuitive way for people to be able to express themselves you have also become the Gold Standard on ecommerce. Some brilliant acquisitions. I always get you give them your name, they correctly follow up but give us a gauge. Because youre realtime. How is Holiday Season going . There are six fewer days well, you know, what was really interesting last week, jim, was whether you were watching watching cnbc in the morning, whether you were listening to the radio, whether you were reading the news, it was so gratifying to see the adobe holiday reports, the Digital Index reports powered by what we are seeing in terms of the transacts that are happening across adobe analytics, the commerce ground, and what stood out for me is every day has been a record in terms of digital spend. People are not just accessing websites now on mobile theyre actually transacting on mobile devices there is billions of dollars being spent every day. We think the entire shopping season is going to be over 140 billion. So its nice to be at the center of not just conten