Reserves. This chatter permeated almost every single moment of todays session. So in the interest of trying to help you make money, did you hear that, make money, as opposed to trying to force feed you some political nonsense about what bernanke should have done if he had half a brain and, yes, the commentary at that time, at many points today was that ugly. Boo let me give you a check list of what matters to the stock market and what doesnt because thats what were about. First of all what matters is the future, not the past. One of the chief criticisms i heard today is that given how strong the data has been today, hiring, very good housing statisti statistics, what the heck is bernanke doing by not getting Federal Reserve out of this ridiculous bond buying program. This is an unacceptable and foolish, lacking in rigor, line of thought. I want you to ponder for a moment, just ponder the notion that ben bernanke instead of running the fed runs a huge retailer. I want you to thing like a retailer analyst for a moment. Try to figure out how ben bernanke is doing. Would you after listening to him yesterday raise numbers for the. Cog quarter or lower them . I think the answer is pretty darn easy. I think you would slash retail numbers in the fourth quarter. Why . Because suddenly the future has become worse and with the impending Government Shutdown, it will get worse. I kid you not. The fault and downgrade could be creeping into the vernacular. Bernanke is a student of history. He doesnt care who will cause the shundowtdown. Hes not political. He just knows that the economy folded during the shutdown as all Monetary Services were cut back instantly. So he knows Speaker Boehner has adopted the policy of the president and theres no doubt about it. During war similar to the clinton gingribegigingrich deba market diminished. He head i slowly back to academia would be. What was that bozo the clown thinking. How could he have tapered knowing what lay ahead. Many people tell me that bernanke has misjudged how strong the economy is and that the stock market which is hitting new highs yesterday knew much more than he does. Why should we believe that, people . Weve had severe declines going to every single one of these government fiascos. In every case no one thoul they would be as bad or as paralyzing as they were. In every single case people told us to start buying stocks right when they started. I did not because i think these are hideous things. I think the collective market is as naive now as they were. I think ud would be nice to know that the feds are our backs in the next couple of weeks. He knows the shutdown could destroy cough dense and shut down businesses. He did not put them at risk or anything of that gibberish i heard all day. He simply saved housing from rolling over which is what looked to be happening at the end of august when the low Mortgage Interest Rate opportunities occurred. He doesnt want to end it when were still only building a third of the homes that we were building before the Great Recession. Isnt that in credible, people . I think with a few words bernanke was able to knock off a quarter percent of the mortgage rate. I regard that as a win. Not a loss. Where is the problem with that. More important theres no credibility issue here. That was another ke nard. Just the opposite. If the fed had no credibility they would. Have had their biggest rate drop in two years courtesy of a couple of comments from this man. You know what that is . Thats huge credibility. Talk to the Hedge Fund Managers that were short bonds right into this magnificent rally, betting against bernanke. Oh, yeah. They now know that bernanke has both power and credibility. They lost their whole year yesterday, slapped them upside the head by the mean whamajama, the fed chief, although they probably didnt call him that when he was the head of princeton. You heard that rap. Well never stop quantitative easing. These people, what script is that . Sent me that script. Is it from the office . Let me tell you how stupid it is. Weve heard that same, the feds radicals cant stop and its risking the republic. I heard that. The republic is on the line. One republic. These people, they took you out of the market thousands and thousands of dow points ago. Remember where im coming from. Im trying to help you make money. If the fed were trying to pull the plug, you know what . It could do it. The dow would drop 2,000, maybe 3,000 points. Youd still be ahead of where the jokers pulled you out because of politics. We finally had good data. Theyre anything but firm, frankly. Whats the point of tapering when walmart, target, macys, nordstroms, pvh, ralph lauren and now pier 1 say things have gotten rocky of late. How is that reassuring. Pier 1 says its our fault. The other guys, they all said the same thing. It is the economy. It is true that overseas is strong and getting stronger. Companies that deal with International Markets like the Big Industrials that we hear more about, they arent getting their tailwind from the United States. Theyre getting it from china, brazil, russia, mexico, and canada. Theyre coming back. Remember its always about earnings on mad money. I think about home depot. The company does very well when the domestic, not international but domestic economy is humming. Home depot has been soaring ever since the bottom of the Great Recession but it ran into a brick wall when it reported a month ago. The stock dropped almost 10 because smart investors were able to see this was the last good quarter for home depot given the sudden p and sickening decline in rates. You need to know what the fed had to do to take action like that. The fed needed to reverse the core of that stuff. It tees barometer of the course of spending. The fact that he was able to get them ba from 78 to 72 is a sign that he got a chance to get the sector going. Im being proverbial, not literal. Thats the impact of what hes saying on the stock. Its really remember, we could have the possibility of an ugly shutdown, youre not going to be shopping at home depot. That could shave millions and millions in the upcoming quarter including home depot. Thats the sort of bubble action not to be frowned upon. I told you its a cold stock. Ice a cold stock. That means it could go up for a long time. Should pandora have gone up 7 points in the last week to week and a half . Thats more super bullish activity as could of course the giant run in gold which i constantly say should be your partnership. But the bottom line is this, complainers, the grousers, they think with political hats on. They want to think how the fed is wrong, to do this or that, and it should be tougher, less acome david. Me, i have a simple litmus test. Do i have a different following . Do i think things will improve because of bernankes actions . You bet i do. But then again, im not trying to win you over to my point of view. Im not trying to lose your money. I am simply trying to help you make money. Jonathan in florida, please, jonathan. Caller booyah. Hows it going, jim . Real good, jonathan. How about you . Caller im doing really well. I was wondering about sony. Im wondering if you think theyre starting a big turnaround. I happen to like the japanese market. I dont want to single out sony although dan loeb says its good. Japanese etf, thats what i want you to play if you think japan is turning as i think i do. Mark in ohio. Caller we just got through our day of atonements. Have you atoned for all the sins you made with your incorrect any incorrect picture you might have made from last year . Im the only one that does the atone meant show so i dont know about the other guys. Caller okay. Mcdonalds just raised their f dividend. Or since they went into the chicken wings business should i buy into that . No, thats grain cost issue, tyson foods. Mcdonalds is doing it as a promotion. We dont know if theyre going to stick with it. Sally of Buffalo Wild Wings said theyre not the movie. Put on your financial hat. Youll feel better. Mad money will be right back. Coming up, peer pressure. Shares of retailer at peer 1 are under water today after a weak report caused a steep sale on wall street. Is this your chance to buy at a discount before the Holiday Season or should it be left on clearance . Find out in cramers exclusive. And later, best for the rest. Cramers been offering up the best stocks for the rest of 2013 all week. And tonight hes taking to the skies. Its a group of stocks thats been flying this year. But which ones will continue to the stratosphere. Plus, changing the game. New jersey is breaking new ground in the Online Gambling arena as the odds are tipped in the favor of new companies, which players could hit the jackpot . Cramer checks in with the ceo of International GameTechnology Just ahead. All coming up on mad money. In Mortgage Rates been for the housingrelated retail names . Hey, come on. Thats one of the Big Questions weve been pining away on mad money. Pier 1 with over a thousand shores has gone through a monumental turn around through the financial crisis thanks to the ceo alex smith. Just this morning they reported and this well run Company Reported a rare miss, 4 cents lower than anticipated. To make things even further, pier 1 lowered its guidance. 13 . Weve got to feel whats going on. How much is decelerated housing. They didnt say anything about that. They said, no, its all on us. So lets check in with alex smith, the president and ceo of pier 1 imports and someone who has made a lot of money and find out whats going on with his company and whats going to happen next. Welcome back to mad money. Thank you for having me, jim. Glad to be here. When i saw the number, i, unlike you, wanted to say some of this had to be because of regional wae aal weaknesses in company because of rates. Youre just not that bad, man. Thanks for saying that, jim. Heres the thing. When we looked at how we executed our store business in the quarter, were really not very happy and we know we made some mistakes, and until i can say that we executed flawlessly, im not about to blame outside forces. So thats really just how we think of pier 1 imports. Weve got to get our own house in order here. Well, some of the best merchants said the same thing to me, without blaming themselves, that traffic was soft in july. Why cant you just say that in the country traffic was soft because i know you say its a fragmented industry, but the truth is, sir, that no one we had the Largest Shopping Center guide in here. No one had good traffic. Why should you have had good traffic . Its back to this whole sort of market share conversation, jim, that you and i have had before. We are such a small percentage of a very large and fragmented industry that we believe in our hearts of hearts that even when theyve been able to trance send that somewhat, so thats my only point in all of this. We see the numbers the way everybody else does. We know whats going on. As i say, our mindset is just weve got to fix what we can fix. Alex, why did you cut back in retrospect, obviously wrong, why did you cut back on ad spend . Were you confident that things were better in the country or your lineup was better . You know, jim, i think what happened is we got really very overexcited and overeenamored with where we were going with our Online Business and we were very focused with building out that business, and so our mar telling was branding traffic to our website real estate than driving it to our stores. In the cold gray light of morning that seems like not a smart decision. Youre increasing your tv presence by a rather remarkable percent. As you mentioned tv spots. Will this do it. Well, we have it starting at the beginning. It runs all the way through christmas with increasing waits as we get near to the Holiday Season. So some new holiday ads to come on in november. So were pretty optimistic that that increased tv waiting is going to help. And as i said on the call this morning for the first time in many years were going to be back on ned work tv which is great for us. Now, you did mention that there were some regional areas twhar better what was going on in that part of the country . We were disappointed in the northeast. Its a huge, huge market for us. Weve seen it in that part of the world incrementally less strong than in other parts of the country. The northeast. See, i would have i know you did some remodeling in boston. I mean is it the look and feel of those stores any different from the rest of the country or is that some sort of funk that you can identify . I cant give you any finite reasons without starting to blame outside influences. One last question. You know i go to your store every halloween. Thats where we get all your stuff. Was there anything with your actual merchandise selection and is your merchandise selection meeting with what the public wants right now. Oh, were really, really comfortable in our assortments and youve seen our halloween assortment. Its really res nagt. We think were really good at the whole Holiday Seasonal piece, and so were confident about those. So, no. The other thing i would say is that although the traffic has been light, jim, the customers who have been into our stores, our Conversion Rates on our actual ticket and transaction rates all have been very strong. So its not a question of any rejection of what were putting in front of the customers. Its just not enough people in the stores in this second quarter. Well, look. Thank you for your candor. There were many people who i felt did miss the market, didnt have the right merchandise and just said it was Interest Rates. Youre a candid man and thats one of the reasons youve made so much money. Alex smith, president and ceo of pier 1 impoints. Thanks for coming on the show. Thanks for having me. We should change our minds and not be so negative about the stocks. Pier 1, think its right. Stay with us. Coming up, boost for the rest. Cramer has been offering up the best stocks for all of 2013. And tonight hes taking to the skies. Its a group of stocks thats been flying this year, but which ones will continue to the stratosphere. No taper. They did not taper. There was nobody who had zero. Kudos to maria and bill griffith. They were in this camp. If he cared about some of that stuff and being politically popular theres a lot of stuff he would have done differently. The Economic Data does not thing federal veev chairman is very clearly saying read my data. Historic day on wall street. The dow and s p 500 closed at alltime record new highs. I love having a free checked bag with my united mileageplus explorer card. Ive saved 75 in checked bag fees. [ delavane ] priority boarding is really important to us. You can just get on the plane and relax. [ julian ] having a card that doesnt charge you foreign transaction fees saves me a ton of money. [ delavane ] we can go to any country and spend money the way we would in the u. S. When i spend money on this card, i can see brazil in my future. [ anthony ] i use the explorer card to earn miles in order to go visit my family, which means a lot to me. Even after the market hit a new alltime high yesterday, you know that i think we could be in for a rough time. As the focus now switches to washington, theres a possibility of a shutdown in a few weeks we may be able were about to head into one of these tougher periods for stocks that really has been looks like secht, by the way. Its usually objective. Were also heading toward the end of 2013 though. That means weve just about reached the moment when the best stocks out there are anointed. Its a concept ive been talkingitalkin talkingitalking about all week. Its about the mechanics of money management. At the end of every year, every Mutual Hedge Fund manager wants to show their managers what they own. They dont want those investors to ask for the money back, these managers have to make sure their clients like what they see. Thats why they take any opportunities to buy the best perform stocks into weekend weakness so that their investors will see that theyre winners and think that theyre geniuses and when they want to buy the stock it tends to drive that stock that much higher, supply and demand. So now since any decent hedge fund or mutual fund has to be diversified, kweev been doing this by analysis, sector, sector. On monday i told you about consumer names that think will become anointed. That includes netflix, best buy, game stop, did you see grand theft auto today . Tripadvisor. Yesterday we covered the nationals. Now, its time to look at the industrials. This is my favorite of the four, people. Its up. When you look at the top five performers in this base you can see this is sort of a catchall category as there really isnt a single classic industrial in the group. Its really a transport. Its delta air lines. Thats up 8 year to date. Isnt that remarkable . Nittany bowles. Back from the dead mail processing. And boeing. Quintessential arrowspace and defense play that we like so much. Then theres Northrop Grum monday up zbik and Lockheed Martin. Pretty much tied today. So lets take them down. The huge rally in delta is about the consolidation of airline space. Competition in the industry could really ruin us, leaking like clockwork to bankruptcies, multibankruptcies. Theres still a decent shot that theyll be allowed to merge depending on whether theyll be able to win the suit. Were going to have that ruling by the end of the year. More consolidation would be good news for delta but even if they end up quashing the deal, delta would be worth owning. Thanks to the competition it looks like 2013 will be one of deltas most profitable arias ever. Within the industry, delta is among the strongest players. It is among the highest levels of satisfaction in the business and they also consistently generate more revenue than their peers. Plus theyve been able to dramatically cut fuel costs. Even though fuel was up, remember. In fact, delta even bought an oil refinery to help lower its jet fuel costs. Fuel is a huge expense for the airlines. Sometimes it can be up as much as 40 . The company is now taking 8 to 10 . Theyll allow them