Nasdaq declining 0. 56 i dont think its over. Its just morphing into other areas not yet picked over, which is what happens when much of the s p 500 is higher and the russell 2000 index of small capitalization stocks goes up for an astounding two weeks in a row. I cant tell you how rare that is. Sure, you heard people say maybe trumps appointments will bring things down, or maybe his trade policy could cause a backlash or the media wont let up on him and the recount story might make waves, or the dollar has been too strong since the election, and trumps meddling in the affairs of the United Technologies indiana carrier air conditioning plant is just the begging of how hell interfere with business. Or even that his reaction to the death of fidel castro with a couple of hardline tweets is just to flaky to gain. But honestly, i heard nothing that stuck. Nothing is going to repeal this changes in tax policy or the potential defeats he might suffer in congress or the problems with the debt ceiling or the notion of gridlock, all the stuff that kept obama from getting anything done since the gop took back the house six years ago. I heard nothing about how hes negotiating in the press or on twitter or on youtube thats going to disrupt his agenda. This is somehow a negative for a guy who ran as the ultimate renegade . On the flip side, though, we have a host of positives for the market. Theyre really playing out. Something thats absolutely worth thinking about on a pretty soggy day. First, trump just isnt gaffing the joint with his appointments. There may be some picks that people feel as oddball. You may not agree with them for reasons of politics, but the key here is he hasnt done anything that would make us feel like were in trouble on wall street. Remember, this is a show about money, not ideology, and the stock market doesnt care who you voted for. What it does care about is the fact that the people who meet at least, the ones who have swung by Trump National or by the tower, theyre almost all people who have been on cnbc multiple times. Most of them are beyond savvy about the market, much more so than anyone in obamas cabinet with the sole exception of tim geithner, and he stepped down four years ago. Were talking household names here, guys, for those who watch cnbc. These are people who we listen to when they talk. We even think about buying the stocks they talk about. Theyre far from being kooks or goofballs. Theyre levelheaded buss policy impacts the market. So far, i think the only issue would be if companies genuinely stopped offshoring and people begin to worry about what that will mean for the cost of pretty much everything because its so much cheaper to take a carrier plant out of indianapolis and put it in monterrey, mexico. I think thats very unlikely, and its worth pondering what kind of Economic Growth we could get if everything proceeds as planned when it comes to trumps tax cuts and infrastructure spending, especially if he rewards American Companies like contracts rather than giving them up to the koreans or the japanese, which i think personally would be unfair. Second, politics aside, its cold out right on time. Its cold. That matters tremendously for retail. People underrate this constantly. The promotions we always hear about at this time of the year often involve the heavier, more expensive stuff that people wont buy when the warm weather lingers. But one look at the way Columbia Sportswear stock is acting or vf corp. , not to mention the action in Department Stores that setup may be better than we think. We got multiple reports this weekend about the strength in a whole bunch of retailers, everything from jcpenney to target, and thats before the cyber craziness of today. The natural gas companies, they need the cold too. The cost of storage has gotten too high. When nat gas is cheap, we use less coal, and less coal means a curtailing of this fantastic rally in the Railroad Stocks that have been among the leaders of this market. So we need natural gas to go higher if only to make coal more competitive so the rails can go thermometer. Third positive, momentum. When you get a head of steam like this going into the last month of the year, you typically end up with a rally that will gain fuel because Money Managers wont want to look as negative as they may sound when theyre off the desk. I wonder if there wont be a catchup rotation starting in some of the packaged good stocks if the fed makes a muted statement when it raises rates in december. That could cause the bank stocks to stall out admittedly. Theyre really extended right now, up 14 . But it might put a real bid, not just today, but a real bid underneath the names of clorox and kimberlyclark. We did see good buying in these kinds of stocks today on just a tiny sliver rally in treasuries. Remember, some of these Companies Like procter and clorox, they had terrific but entirely overlooked quarters because of the great rotation out of the safety place into the cyclicals. More on those later. Finally, i really think that as the year winds down, were still not done with mergers. We have so many stocks that are acting too great, suggesting the improving or at least the deals will get done. Take one look at the price of the stock of rite aid, will you . If clinton had won, the attempted acquisition of rite aid by walgreens, that would have been killed. No doubt about it. Now it looks like its going to close judging by the action in rite aid stock. These telcos act too great for me, too, not for me to believe somethings not going on there. The action in the semi industry, its pretty insane. Insanely rumormongored, that is. In short, theres just too much smoke. There will be fire. C weve gotten way too many bulls in the Investors Intelligence poll that comes out wednesdays. We dont know how some key cabinet appointments are going to work out. But we can say as much despised and as long in the tooth this rally has gone, it still does have a lot of good things going for it, especially seasonality. No, i am not arguing that you should just go out and buy anything. Big mistake. What im saying is on days like today, they make refreshing pauses for those who need to get at a certain point, the fact that the markets overbought is a good thing. It means theres real money pouring into stocks as an asset class. Thats why the bottom line tonight is that a soggy day is a good day, a day when we can find stocks that are being rotated out of and get ready for the next rotation, like the soft goods, which seems to be a daily occurrence since the election of donald trump to the presidency of the United States. Lets go t phil. Caller booyah, jim. Happy belated thanksgiving to you, my friend. Oh, right back at you, my friend. What is happening . Caller well, the eagles are happening. Hopefully you bring them some luck when you go to the game. Well, you know, i am going to do that. My stage manager, kyle, wanted me to wear my number 10, which is our tenth anniversary mad money show shirt. Caller happy anniversary. Thank you. But im just putting it up like this because theres a lot of i think they have every right to watch the show. You dont have to be an eagles fan to watch the show. Go ahead. Caller absolutely, jim. My question to you is i own johnson johnson. Ive owned it for over a year. I bought it around 120. By the way, the ceo of johnson johnson, alex gorsky, is an eagles fan. Im glad you brought that up. Caller thank you. So i own this at 120. I bought more at 113. Im trying to figure out whats going on because it hasnt participated in this rally. Should i buy more . No. Now you have to wait, phil. The reason you hav thats the kind of stock thats being thrown away. But i am intimating i think there will be a rotation back into a j j. I would wait until it hits 110 and then [ trigger pull sound effect ] scott in texas, scott. Caller cramer yeah. Caller im calling from the magnificent metropolis of magnolia, texas. Hey, i love your show. Thank you very much. Didnt know i was popular down there. Whats happening . Caller im calling about anheuserbusch inbev. In late september, it took a since. Ive been buying it on the way down. My question is this. What caused the nosedive, and do you see it playing a role in the rally . A lot of it was the dollar. Actually, chiefly the dollar because if you take a look at molson, thats done great. May i suggest you take advantage of constellation . Constellation is down because people feel theres going to be a big tax on modelo and corona. And as much as president elect trump is upset about mexico and the wall, i do not think hes going to target beer. Ann marie in new york, ann marie. Caller hi, jim. Thanks for taking my call. Of course. Caller so im concerned about starbucks and their domestic comps because i noticed a couple things at their stores in november. There was a twoforone holiday promotion on beverages. And then one sunday morning, their fancy reserve bar was empty. So if they dont grow these domestic comps, can the stock ann marie. I know they did four. I was looking for 5 1 2. Heres what really matters. I think theyre think going to have to do a little more work on their mobile pay because i think theres just not everybody seems to be able to know how to handle the mobile pay at the starbucks that i go to, but thats just kind of anecdotal. In the end, i think china is a driver. Europe is a driver. The United States is fine. Starbucks, by the way, is now up five straight points from when they reported at the quarter, it is a huge position in my charitable trust, and i like it very much. Okay. To me, todays pullback is just a refreshing pause as the trump rally rolls into different parts of the market. This is a positive sign and one that could mean weve got a long way to go before this rally peters out. On mad tonight, what could a Trump Presidency mean for spending in Information Technology stocks . Im taking the temperature of the group with the ceo of tech data. Then nothing runs like a deere, right . Earnings. Boy, did that have a rocket ship move last week. And paypal said mobile shopping accounted for a third of thanksgiving and black friday sales. What could it mean for the stock, which has been stalled at the 39 level . Ive got the exclusive with the ceo. So stick with cramer. Announcer 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 miss something . Head to madmoney. Cnbc. Com. Ok impaciente manolo youre so cold, come in whats wrong . Take off your hat try head and shoulders dry scalp care it nourishes the scalp 3 surface layers deep to help. Prevent dryness and keeps you up to 100 flake free now we can cuddle the whole winter head and shoulders dry scalp care achoo you can pick up the flu from surfaces for up to 48 hours. 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Now that were back from thanksgiving, its important not to forget the companieat the ones that shot the lights out. Take tech data, the supermarket of technology thats one of the Worlds Largest wholesalers of i. T. Products. In short, they help tech titans like apple or cisco get their merchandise to market via a huge web of distribution centers. Recently the stock of tech data has been on fire ever since we learned that the company is acquiring its rival avnets Technology Solutions business thats a particular business line for 2. 6 billion a little more than two months ago. The news sent tech data shares because the deal was expected to be very additive to the companys earnings. But then the stock sold off going into the election although since trumps surprise victory, its come bouncing back. It certainly didnt hurt they reported a blowout quarter last tuesday although you might have missed it if you were getting ready for thanksgiving. The Company Posted a fabulous 18cent earnings beat off of 1. 26 basis, higher than expected sales, robust guidance for the next quarter as well. I always say if you want to take the pulse of the technology sector, just listen to tech data. So does their latest quarter lets check in with bob dutkowsky, the ceo of tech data, to find out more about the quarter and where his company is headed. Mr. Dutkowsky, welcome back to mad money. Hey, jim. Good to be back. Bob, i got to tell you i was trying to figure out how to explain to people how great the Avnet Solutions deal is. You took the words out of my mouth, but im going to make you explain them to people. With Technology Solutions, tech data will become the complete endtoend distributor from the data center to the living room. How will that work so our when you look at the Way Technology is used around the world, its not segmented into categories anymore. Theres not Consumer Technology and commercial technology. Theres not Data Center Technology and cloud technology. It all fits together in a seamless fashion. So by putting tech data together with Technology Solutions from avnet, we build that endtoend source of products for the marketplace. We like to say anything from the living room to the data center or from a printer cartridge to a in tech data is going to be capable of delivering all of those solutions to our customers in a seamless fashion, and that really differentiates us in the marketplace. The everyday person who watches the show will not know that tech data is involved in the transaction, right . Yeah, because we work in the background. Were a distributor. We source products from the vendors, Companies Like hp and cisco and ibm and microsoft and apple. We sell them to outlets that user. So whether its a retailer or a valueadded distributor or a corporate remarketer, were the source of those solutions for the end users. The end user cant go to techdata. Com and buy a product from us. But the technology they acquire from any other source is touched by a distributor like tech data. Therefore that avnet acquisition makes it so youre an even better competitor . More customers, more products, and most importantly, jim, well bring a completely different set of skills and value to our customers that will allow them to get all this array of technology and help solve their customers business problems. It really does differentiate tech data in the market. We love the acquisition. I thought it was very interesting when you turn to europe, what an impressive performance in terms of the highest q3 nongap operating income in the regions history. What is going on in europe all these individual countries. Again, you know, i think the reason why we performed so well in europe, first of all, the tech data side of the business is executing exceptionally well, and its a combination of our people and the investments weve made and the systems and tools that help them do their jobs. And then its that breadth of products. So in the quarter, products like networking and Security Products and mobile products were really hot, and we were able to switch our focus to those hot products and use our exceptional execution to win in the marketplace. You use a great term in your call, which is that you are the switzerland of the i. T. Market. Please explain that to people, what it means to not necessarily be linked with just one company. Yeah. We have products on our line card from about 600 different vendors. We have 125,000 Different Technology products that come from a broad array of vendors. So were able to help our brand or the vendor. Our customer will call us and said they need to help their customer solve a complex product, and we can bring multiple technologies, whether its multiple cell phones, multiple pcs, multiple printers, all the way up to multiple servers and storage, and networking and complex software to help cobble together the best solution. So we dont really have a favorite vendor. We like all of our vendor partners, and they help solve their customers business problems. I had felt that one of your competitors, avnet, did not see some of the changes coming in technology. Theyve adjusted, and its good. But there have been periods of technological disruption that weve talked about here. Have they helped or hurt tech data . Jim, we love disruption. Disruption brings a different degree of value that we can bring to our customers and vendor partners, and we can help sort out the complexity that exists in the marketplace and continue to buy products and technologies. So when disruption happens, its a good thing for tech data. You know, jim, weve been in business now over 40 years, and we have managed through multiple disruptions in the industry where it be the mainframe or the clients server or the internet or mobility, and now the cloud. And in every case, after one of those sea changes of technology, tech data emerged as a stronger company. We can see these disruptions that exist today, well be able to navigate those and create a better tech data out the other side. I know there had been a delay around the election, but you talked about the possibility once again of a budget flush year end. Things look strong so far this quarter . Yeah. You know, we guided that we would have flat growth yearoveryear. Keep in mind we grew 11 last year in q4. So flat will actually be good, and, you know, the yearend process for acquiring business or a consumer, theres a lot of purchases that happen in q4. So tech data is geared up to deal with the market realities, and we hope we have a