Numbers look out as we kick off cybermonday. Which retailers crushed it and which ones were crushed . If you were keeping track, the dow added 421 points last week and bulls argue it could add even more if european leaders settle this dispute over greek aid. Well discuss the potential impact as they meet in brussels right now. A big day for analyst upgrades. Research in motion, facebook, yahoo well go over those and see why citi needs three analysts to initiate coverage of apple. Well begin with retail sales picture from this past weekend. 139 Million Consumers shopped during black friday weekend. Thats up from 132 million last year. Total spending up to 59. 1 billion to 54. 4 a year ago. Average Holiday Shopper spending 434 over the weekend. Sales on black friday fell 1. 8 from the same day a year ago setting the stage for today known as cybermonday. American shoppers will spend 1. 5 billion online today up from 1. 25 billion a year ago. The papers have it. Usa today retailers hail. Journal early sales pay off for now. Success . Yes. Unmitigated. I think that people dont understand. This country is a rich country. It always surprises us in spending. I was listening to someone on our network last week saying didnt we have we had growth in the country. We have growth every year. Thats not true. Weve not had tremendous household formation in this country. These numbers at the beginning of more household formation which has been in a cyclical and now turns out not secular decline because of housing. This is a housing is good number and i like it. We should point out of course all of the Different Services that track things show up. Not necessarily up year over year for friday because so many people now shopped on thursday. Not to mention really started on monday. You have shopper track survey indicating 3. 5 year over year increase in shoppers. 3. 8 million people. Year over year numbers were up 9 . That is inclusive of this entire period. You watch people storm the stores to buy stuff from china that will end up in a landfill. I know a lot of people who did this. A lot of them are my daughters friends. They regard it as event orientated. I dont know if you are familiar with the term, a rave. A rave. David knows raves. Trust me. Its a bit of a rave. I was shocked that you see people in their 20s who just thought this was a great event. So as people look to see which retailers did best, ubs is talking gap. I think gap is doing well. What i like about urban is inventories were perfect. Thats the thing. They had the right amount of inventory meaning going in they had a nice talk in the last few weeks going in saying this is going to be really good. You needed people who thought business is really good and had a online business. Well see great numbers from amazon. You mention the apple triple coverage. If there was one store and i know its antidotal because i only hit four of them, if there was one store you cannot get in, its an apple store. Maybe people have to explain mini versus the i tweeted a picture of my i had an apple macro in my back. I was lucky to get an apple mac. They had supply. This was the story. People spend a lot of time in the apple store. You kind of like the sales people. It gets more crowded perhaps. Doesnt move as quickly. Theres some metrics showing that microsoft basically blistered apple blistered microsoft in terms of sales and going head to head and that i think 10 or something of transactions based on an ipad originated on an ipad. It was a blockbuster weekend for apple. Heres a pie chart of the mobile break down. 88. 3 . Of the mobile. In terms of commerce done over a mobile device was done from an ipad. You were bombarded in football with kindle ads and with surface as. Both actually pretty cool. I guess i dont know. We had a billion or more on friday done over the internet on ecommerce. That struck me as low. Walmart does more than a billion every single day. I wonder how walmart did. I bet they did more than a billion. We were talking about the labor strife. It didnt seem like it hurt them at all. No. Not at all. I dont know that to be the case only antidotally and watching with my own eyes our coverage of it. Didnt appear to interfere with peoples ability to shop. They said best black friday ever. 5,000 transactions a minute or a second. I cant remember the exact metric. It didnt seem like the protests had marginal impact whatsoever. Unemployment going from 9 to 7 . Jobless claims not that good. You just try to relate the macro to the retail sales. It just doesnt compute. It shouldnt be as good as it is. If you go back and read the headlines a week ago, it wasnt supposed to be as good. This is the upside surprise. Also, theyre not holding back because of the fiscal cliff. Which still is beyond many people in america. Most of the people rushing the store may be aware of it in some way but they probably are not in the weeds on it. I would have liked to ask the 23 year olds, look, are you going to stop spending or cut back because of the fiscal cliff. Im out there enough already. I cant even go to that level of being out there. You cant . No, i cant. I cant. Im a fixture at every mall in the country. This mall of america there was a guy. Mike didnt work initially. You handled that so well. The mike didnt work initially for mall of america. I threw to him on friday. While youre shopping you still managed to watch us. Amazing. And miss you . It was just like you didnt skip a beat. Like you had actually been to a mall. You knew i had never been to a mall. I know you have been to a mall. What mall . Time Warner Center is that a mall . That counts as a mall. Ive been in there. Theres a j. Crew there. Yes. Yes, there is. I think whole foods also had a big week. I do shopping for the night before i head home. Its antidotal. Its antidotal. It was supposed to be bad. It wasnt bad. Thats my take away. I dont want to deviate from that. I saw an upgrade today. Restoration. All of these companies have come public in the last six months and people have forgotten about. I would love to hear how theyre doing. I bet theyre doing well. Talk about things that did well. Last week not a bad week for the markets. S p 500 extending its winning streak to five on friday the dow up 172 points in that trading shortened day. Posted the best black friday performance since 2008. Futures moving lower this morning. The focus shifting to negotiations over the fiscal cliff. Also european leaders meeting to try to strike a deal over aid for greece. Something theyve been trying to do now for many weeks. Unclear how much further along they are. Also a lot of chatter about whether the recent votes are indicative of a real desire to secede or not from spain. Europe. A year ago we were dealing with it every moment. 7. 5 yield. What a steal those bonds were. That is true. If you bought italian bonds a year ago, you are happy you did so. Consumer confidence today multiyear high in italy. Dont forget the europeans are doing well. Germany is back in that 22 , 23 , that we would kill for. I dont think europe is as big an issue anymore. I dont. I do think fiscal cliff momentum has stalled. You needed to have nonstop momentum on this issue. I just didnt get the sense of anything happening. We definitely flattened out today. You read some of what buffett is saying in the times and corker in the washington post. Theres no clear signal theyre moving actively toward each other these two sides. That said, if greece gets the payment, does the market not get a bounce here . I think the market bounces if we get a frame work on fiscal cliff i think we go to im going to use a term that youre going to say is hyperbole which is we take out the highs for the year. 3 from year . Not a bad fourth quarter. It will cause a lot of hedge funds who decided to lock in. They sold at 19 decline last year in september and october. They said well lock in 6 to 8 . That guy is going to lose the money in january. I want that money back. If he only did 6 to 8 . The december is the second best performing month for the dow after april. I think average gain of 1. 7 since 1950 which stock almanac had today. We want to know what taxes are going to be. There is a big one of the things i look at the charts every weekend. Im pathetic. I have them delivered to my door. Everything stops in the house. Utility stocks are horrendous. I think thats people saying, look, dividend is going to 39. 6 on your dividends will be a different story. Have you seen those charts . They are the worst. I get them delivered as well of course. Who doesnt . Saturday morning i like to get up and look at my charts. I think we have something in common. I feel better. Three Tech Companies known for their beaten down stocks are getting good news from the street today. Facebook upgraded to outperform over at bernstein. Cibc raising rimm and yahoo added to the conviction buy list at Goldman Sachs. Cnbc and yahoo have a Business Alliance to share and coproduce editorial content. My favorite is rimm. I love that. The blackberry 10 is locked in for january 30th. They say the carrier feedback will become more clear and a lack of new competing devices not sure on what planet theyre living, there are competing devices. You walk down the street and you get hit by one. I think people people rimm has momentum. The stock has doubled. I get that. Yahoo i think that mayer is putting together a compelling story behind the scenes of a major change but the one i want to focus on is facebook. The bernstein guy had a sell on it. Then he went to hold when the lockups expired and then he goes to a buy. Street cred facebook saying mobile is terrific. I think this is a good call. I think this stock is not done going up. Hes very specific. He sees them exceeding the consensus revenue estimates over the next 12 to 24 months by 9 . And then 7 higher in 2014. So hes really on. Hes got it down. Not only what consensus will be but what the beat will be. I know that thats the kind of thing like johnson when he was 29 through the turnaround but this guy, carlos, hes a ph. D. , hes been remarkable on it. When you have a hot hand on a controversial stock, people will do what he says. The stock is going to continue to be bought. How much behind these upgrades is move in stock prices . They dont want to be left behind . Look at rimm. The move on were going to have the analyst on later. 8 to 17. The move on friday was huge on it. Facebook has clearly made im not technically a bottom of some kind, right . Youre on the sidelines and youre an analyst and you want to get in. The facebook guy from bernstein is separate. I think apple a lot of analysts waited until it hit a level and bounced. Apple looked like a dead cat bounce so no offense to the feline population. It did get a bounce. Now we are starting to get people talking about it. An upgrade at citi. That stock feels like it has momentum. Theyre analysts. Thats all. And it may be good for a move here on all of these stocks. Some analysts are better than others. In fact that is the key. Downgrades that well talk about too later as well. As we said earlier, oracle of omaha talking about tackling the fiscal cliff and how to make millionaires and billionaires pay more in taxes. Well talk about that. And also, the winklevoss twins. One more look at futures as we kick off a full week here. Back in a minute. When you take a closer look. At the best schools in the world. You see they all have something very interesting in common. They have teachers. With a deeper knowledge of their subjects. As a result, their students achieve at a higher level. Lets develop more stars in education. Lets invest in our teachers. So they can inspire our students. Lets solve this. You cannot solve this problem without creating sacrifice and pain throughout the system. This is tough. The longer we wait the lesser menu of options well have and more draconian the decisions will be. That was senator corker on squawk this morning. A number of gop lawmakers say they will reject the notax pledge. Warren buffett taking a jab at norquist this morning in an oped in the times. He says lets forget about the rich and ultrarich going on strike and stuffing ample funds under their mattresses if Capital Gains are increased. Ultrarich will forever pursue investment opportunities. I thought that was right. I thought it was right. We always hear job creators. I started a lot of businesses. They never make any money at the beginning. I dont want a great line there. I dont want to be so successful i have to pay a lot of taxes. Thats stupid. Thats something from someone who never ran a business. The late George Mcgovern where he discovered how hard it was to be a businessman, you dont create a job. You create a job for tremendous success but you accept losses at the beginning. You never take an investment and say i dont want to do that because im afraid ill have to pay taxes. You just dont. Regulation sort of dealing with a lot of red tape which we also hear about as an impediment. Thats a big problem because you dont have the resources typically to be able to figure out who knows the red tape and youre not connected enough and the warrior fees are large and theres red tape that stopped me from doing things. Theres a difference between a entrepreneur with buffett type money and a guy thats a dentist is used as a common example. Not ultrarich for any means for whom tax rates on the margin may affect your willingness to expand. Hire another person. I think that until you know the lay of the land of what youre going to have to pay people, expansion is its very easy to hold things if youre not well capitalized. The not well capitalized person is afraid of obama care because headlines have been not they are afraid of what the Health Care Bill will look like. What is my Health Care Going to look like next year. I dont know. What is my employees Health Care Going to look like . I dont know. They will wait to hire. Well capitalized people say ill make ten investments. A couple home runs. You hope. A lot of business have failed and its painful. Taxes are not top of mind. Theyre not top of mind. Always been my experience at least in talking to those people. Its a washington thing to talk about that. I just dont think they start a lot of businesses. Governor norquist was in my class at college. Governor norquist stands for you can argue longer term hes just a complete libertarian who wants the government to be nil. He doesnt want a government. Thats libertarian. Not a republican for heaven sake. Not a traditional republican. Lincoln who came up with the idea of having higher rates for richer people because he said they benefit from the country. He seems like just a radical. Like my great, great, great uncle lennon. Some equate the original income tax with marks. Cramer has big ideas to help you get off to a fast start this week. His mad dash is next. [ male announcer ] you are a business pro. Governor of getting it done. You know how to dance. With a deadline. And you. Rent from national. Because only national lets you choose any car in the aisle. And go. You can even take a fullsize or above, and still pay the midsize price. This is awesome. [ male announcer ] yes, it is, business pro. Yes, it is. Go national. Go like a pro. A few minutes before the bell on a monday. Time for cramers mad dash. Talking about downgrades. Farm equipment this deere Conference Call once again they have snatched the jaws of victory here. Farmers are richer than theyve ever been. This company failed to deliver. I understand why ubs downgraded. Trading down to 82. It was up here before. I think this company is so inconsistent. How can a company thats one of the worlds greatest manufacturers not make enough money. Ubs says its the developed markets that are weak. North america and any upside based on less certain markets. There is always a market that does badly with these guys. They guide long. Conference call is the worst broadway show imaginable. That thing just never gets to new haven in new york. They are just they got to get they should hire actors for heaven sake. Well talk the heinz downgrade after a break. 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[ santa ] ho, ho, ho, ho [ male announcer ] lease a 2013 glk350 for 399 a month at your local mercedesbenz dealer. He loves risk. But whether hes climbing everest, scuba diving the Great Barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesnt nickel and dime him with hidden fees. So he can worry about other things, like what the market is doing and being ready, no matter what happens, which isnt rocket science. Its just common sense, from Td Ameritrade. Youre watching squawk on the street live from the Financial Capital of the world. Opening bell set to ring in just over a minutes time. We didnt have time before the break to talk about a downgrade of heinz. Cutting it to a hold. On valuation. They say our view of the company fundamentally has not changed at all. This company is well run. Doing all of the right things. Keeps closing little divisions that dont work. I think its a bad call. I think a lot of people want to make valuation calls and dont realize stocks are cheaper. I want to buy heinz on the do downgrade. People will read the New York Times business section today as mike lynch from autonomy continues to speak out. Hes made a decision that his lawyers would strenuously disagree with, which is to talk publicly and dispute what we heard from Hewlett Packard a week ago namely that there were significant accounting improprieties in the company he once ran. Saying strong things in opposition. I couldnt help having been i know the profession. The first thing they tell you is never go on tv, ever. Never go on tv. Everything you say can and will be used against you. Martha stewart went on tv and said the jcpenney deal will be fabulous. Before that she said the macys deal was great. She go