After todays magnificent run the dow gaining and s p gaining and nasdaq 1. 5 maybe we shouldnt lend so much credence next time some indicator flashes red when tenyear treasuries were giving you it, experts came on the air and said a recession is insev inevitable and you should be afraid thats no way to make decisions about your money i explained over and over again you get a much better read by listeni ing to conference callsf individual Large Companies they said consumers are liable now look what happened yield curve on friday, if you took your queue from the panic and sold everything, you got burned thats the problem with following the big data an inverted yield curve may mean a recession but tell that to tens of thousands of people that shop at walmart every week the president gave walmart a shout out. Ups delivers hundreds of amazon boxes every day and tell it to the geeks at visa and mastercard or apple where the Service Revenue stream keeps growing the companies are seeing a sign of an imminent slow down im pretty sure we havent seen the last of the reversions so money should and will keep pouring into u. S. Treasuries if the germans dont do something to stimulate economy and save banks and the chinese remain effective in their attempt to offset the tariff, youll see a yield curve and the negative people will come on air again and say i told you so. They boar me but lets dig into what triggered this rally which by the way began before the inversion ended. First you always hear people yapping corporate earnings will be disappointing they will be up six instead of seven. Who are these people who would say that yeah, and the niners will be 12. Come on. The macro data they have conclusions i think are factious take the whole analysis with a carton of salt some of the earnings are pretty darn good, people. I look at the beautiful walmart quarter with 2. 8 same store sales growth much better than expected and i feel confident. Sometimes more than doug who is silent about things. Maybe he ought to speak up about how well hes doing. Walmart chompers didnt get the memo and taking financing money, the refinancing money you get and use it to decorate houses. Renovating like mad. They are buying new homes. Second, Semi Conductor investors have been betting, investors have been betting on a turn around but gave up on the group, ten days ago and that was based on worries about a slowdown and the decision by the chinese to buy local and they are supposed to be road kill. Looks like no one told invidia who reported a monster earnings it was supposed to be road kill. Whats driving the strength there . Look, do you remember when we visited one of my favorite times since ive done the show, we visited them and saw the future of a graphics processer that would make video games life like and its starting to kick in we saw chips toself selfdriving cars, something that needs to work if lyft and uber work. We learned volvo is engaged with uber uses volvos we learned that. We saw the data center and told while there was a pause in spending, it would end soon. Apparently it has. No longing taking our language literally. This i love. For instance, when you say go jump in a shake, your computer goes to google maps and looks up the nearest body of water but a computer powered by invidia would know youre angry. Artificial intelligence is m coing everything that moves will be autonomous and ai from health care to finance to transportation these are secular trends and wouldnt be stopped even if jay powell speaks this friday. He should go fishing the blowout invidia numbers were like the old days. Remember those were the days my dog was renamed invidia and answers to that game or cbd gummys, listen, hes got arthritis, what can i do regular viewers know im a huge believer in the company and ceo but had no idea it would have enough stock action to move an entire group amd, semi, broad come, so many with the dumb beat of a 30year running amack and run a recession. Perhaps demand is there regardless we got a bunch positive maybe okay above we learned Service Revenue stream is standout but most important thing in the last 72 hours, tim cook to President Trump how apple will be disadvantaged versus samsung if it got hit with the latest tariff there was no sense the white house cared about this until cook sat down with the president. The party line had been there, apple wants to do so much business in china, they have to face the consequences. The president s positive tone, maybe more accommodating Going Forward and maybe give him a break . The yield curve isnt all we should focus on, go, this looks like a great broadway show i usually fall asleep on broadway you have to listen to Estee Lauders call. We know they have a business segment weaker than others still, china was on fire so the e commerce purchases were incredibly strong and the stock had 22 points in response. Is this stuff that good . I guess so i dont go to the counter. I dont know about you, but what the heck were people thinking using premium makeup with an inverted yield curve how dare they . How could sales of clinique be so strong and how can people want to buy mac . It sounds ridiculous because it is even though ive heard it for months mac. Mac, my wife has a whole wall of it. What is it i dont know it costs money stopping traders in their tracks but not commerce the recession talk hasnt vanished even if its buried under a mountain but days like today its hard to find. Lets go to john in kentucky, please, john caller booyah, jim. Booyah back. Caller okay. Yeah, great. My grandson and i he has a little education portfolio that ive got for him for his college. Hes 9 we recently bought some disney about couple months ago and its down 5 but kellium wants to buy more and i agreed but we want to get your opinion on it. I think your kid has horse sense. Caller i dont want him to be a whistle blower. Like the clown that tried to knock down g. E is it fun and games to knock stocks down . Im sure its germane. Im with bob tiger, call me crazy. Im with iger. I say your grandson is right lets go to pedro in florida. Caller booyah. Yo, yo. Caller im a big fan secondtime caller listen, im in the house of pain with my stock vm ware of the news of the acquisition. Yeah. Caller with the report earnings this week, should i buy more, hold or sell i cant say i was that happy with the pivotal news about the deal i think vm ware can bring out good earnings and under promise so this time they over deliver i can say a bottom is no harry in pennsylvania, please, harry . Caller hey, this is harry from new port, pennsylvania, jim. I bought all of your books and im absolutely loving concessioconcessio confessions of a street addict. Youre too nice. Reporter my girlfriend started investing and loves your show i bought royal dutch last week more or less as a value play and im wondering what your thoughts are on the oil sector, not just Royal Dutch Shell itself but the oil sector and its just been beating up no, i have soured on the fossil fuels i think there is longterm real issues there, even the best wont go up and i have to tell you, royal dutch for instance is not as good as bp and if bp cannot get out of its own way if you want to cost intel, try looking at whiting or worse, concho in other words, stay away. Please dont get me wrong, i dont think weve heard the end of the recession talk. They cant stop yapping about it boy, oh, boy, the mountain of bullish evidence is hard to anything nor on mad money tonight, feel like the fun police invaded this market im eyeing six flags versus seeder fair to see which can put the roller coaster action to good use and one of the hottest groups in the market ill reveal tonights off the charts but first, despite the slowing economy here in the u. S. , the consumer, the consumer remains strong im taking a look at what they are spending, buying and the companies that you need to buy shares in. So stay 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 m madmoney cnbc. Com or give us a call at 1800743cnbc miss something head to madmoney. Cnbc. Com. Hey im bill slowsky jr. , i live on my own now ive got xfinity, because i like to live life in the fast lane. Unlike my parents. You rambling about xfinity again . Youre so cute when you get excited. Anyways. Ive got their app right here, i can troubleshoot. I can schedule a time for them to call me back, its great you have our number programmed in . Ya i dont even know your phone anymore. Excuse me . what . I dont know your phone number. Aw well. He doesnt know our phone number you have our fax number, obviously. Todays xfinity service. Simple. Easy. Awesome. Ill pass. For those of you who work in retail, i genuinely feel for you. There is really no place to hide cant possibly have business as usual because there is no business as usual anymore. Why . Because the American Consumer has drawn a line in the sand either youre online or youre off price. Everything else is either due or suck in a slow decline like macys, regular brick and mortar retailers cant compete anymor. They are slowly going away these days consumers think its convenient we didnt think about convenience until amazon comes along. Were seeing a generational change if youre a baby boomer like me, you appreciate being able to buy stuff online but if youre a millennial, its not that they dislike brick and mortar but cant understand the reason for it why would you pay more for something you have to leave your house, get in your car and pick up in person amazon will give you a cheaper price and deliver it to your home isnt that great thats what prime is about that was so that was painful about that macys quarter last week the fact they missed in the womens sports ware category and it hurt them was stunning and if they messed up a single category, who cares. They botched it. That was all she wrote, 9 yield. I mean, holy cow here is what you need to understand, watch, walmart, alson, ta amazon, target, costco and home depot. Watch is about more than that, Balance Sheets a portion to build our working private e commerce business. Walmart, target and amazon spend what they need to deliver goods to you as fast as possible and they have great balance speeds they will have them run out to your car to be picked up after you park you cant beat that. What separates them from the rest of retail is they can afford to spend like mad target might not compete directly with amazon or walmart but clever with the acquisition of shipt last year which is the ultimate sameday Delivery Service target reports this week and the results are spotty every time the company misses, bye. Walmart totally gets the preference of older consumers but encroach on amazon thanks to the low price strategy and the ability to use 4,177 other stores as Distribution Centers if thats not convenient enough, walmart is rolling out the most aggressive Delivery Service of all right into your house. They have cameras when you come in, the guy comes in, youre not home knocks on the door and puts it in your fridge. I mean, the trust their customers must have. If it is the way to beat amazon we know they are hiring prime, its a club for heaven sake, not a store. Its costco and again, like amazon and walmart, costco is presumeed to have the lowest prices since they allow you to buy in bulk. Thats one thing people are willing to happily buy in person, incredibly cheap stuff i included home depot and watch for two reasons. It offers convenience. Customers love home depot but youll hear tomorrow morning contractors love it. Lowes hasnt been able to crack it last time home depot got cracked and the darn thing went back, maybe does that again. Thats why watch makes so much sense but what about the off price side of things thats the other part of retail working online or off price. Consider the two Dollar Stores they are doing incredibly well dollar store carries stuff, sometimes more than a Dollar Dollar general dont need china for that they are just plain bargains i know they moved a lot. I like them. The other off price stores are two they went down because people dont associate them with a boom tjx, ross, burlington are doing the best notice how poorly they act i like these names for the reasons i hate the rest of brick and mortar off price chains like tjx are beneficiaries. When Department Stores like macys have merchandise, they sell to companies at a fraction of the cost. If you listen to the macmacys conference call, youll be going to the burlington store. Burlington stock has been dropping i think its worth buying into this weakness. When you have winners in the digital side, right alongside l amazon i think etsy, shopfy, it reflects the revolt toward big, National Brands mentioned by a Big Department store chain thats too small to talk about and onetime ceo was on the air and didnt do that well there. Genexors are zero liability. They would rather find one of a kind they make it easier to sell hand made goods they destroy mom and pop stores that sell this stuff they were all destroyed but these facilitators are bringing them back. Thats another nail in the coffin for brick and mortar. Is there hope for traditional brick and mortarry ta retailers thats a sham. Everyone claims to work out and gains and experience experience hamburger for heavens sake. Not unless it looks good on instagram my daughter told me. Some stores are fighting for their lives. A recent Tanger Outlet conference call, i was shocked to hear a high number of lease expirations happening without stores to fill them. The ceo steve tanger says quote, most of the bankruptcies in the last three to four years is attributed to leverage buyouts by private equity firms that did not invest in merchandise or stores, not because of a flaw in the outlet Distribution Channel and good times and bad times were supposed to like a bargain. Well, i agree with what some logic of what steve is talking about and i think ma lean yialse millennials dont believe Outlet Stores represent a bargain they think they are making that stuff special for those Outlet Stores and i think they are right. In the old days there are were so stores that sold full price and made it. Bed bath and bee yonyond not anymore. When it comesmo mortar retail, there are only a couple i need you to stick with watch and the off price plays. If it doesnt have a great dig knit presence or incredible bargain, i need you to take a pass and i need you to stay with cramer thats what happens in golf nothiand in life. Ily. Im very fortunate i can lean on people, and that for me is what teamwork is all about. You cant do everything yourself. You need someone to guide you and help you make those tough decisions, thats Morgan Stanley. Theyre industry leaders, but the most important thing is they want to do it the right way. Im really excited to be part of the Morgan Stanley team. Im justin rose. We are Morgan Stanley. Announcer only fidelity offers four zero Expense Ratio index funds directly to investors. And we have zero account fees for brokerage accounts. At fidelity those zeros really add up. Maybe ill win saved by zero what can you do many you dont trust the market the average has a bad habit of turning on us when we seem to be out of the woods for those of you feeling nervous about a potential slowdown, i cant blame you. You want yields, bountiful yields, an environment where they are ridiculously low levels, the 30year is barely above 2 stocks with big dividends become more attractive. There is no composition from the bond market. If you want investments to generate income, dividend stocks are the only game in town. Everybody else knows that. Most of the goto high yielders are performing with eloquent and when dividend stocks go up, the yields shrink. Thats why were on the hunt for new options. We want stocks down and out giving them accidently high yields i call them ahy but not so down and out these payouts are in danger. You want seeder fair and approaching sadly and may seem like a time to highlight excellent longterm performance. They made a lot of money over the past decade however in the past year or two, both stocks have peaked and come down substantially from their highs thats how you end up in a situation where secedar fair is 7. 1 and six flags, this is a red flag some of it is because companies paid generous dividends but some come to the recent performance in the companies and stocks. I think those are safe but because we believe in diversification, you should only consider owning one Amusement Park stock the question is which one. Let me show you two stocks along with three water parks and four hotels in the u. S six flags is bigger. They are the largest theme park operator on earth with 25 parks, mostly u. S. And one in mexico and one in canada. Not a lot of daylight between them why are these two stocks falling out of favor with the wall street fashion show . Their stories are a little different. Cedar fair peeked in may of 2017 and moved lower before it bottomed two weeks ago when the Company Reported disappointing numbers in 2017, they blamed the weather. It was bleeding. Heading into 2018, they rolled out new roller coasters, there was a lot of optimism but then, the company preannounced dismal numbers in july of last year once again they blamed the weather. Although this time investors didnt buy it. Since then they struggled to regain wall streets trust they didnt prevent the stock from rolling over along with the rest of the market cedar fair has this problem. What about six flags it claimed 14 months ago and spent the next nine months getting completely hammered. Losing 36 of the value. By the time it bottomed in march, since the stock has shown some signs of life and the story is pretty much the same on a compressed timeline. Six flags started seeing weaker results and blamed the weather and got a pass right up until they reported a very weak quarter last october right into the teeth of the market wide melt down. There is one more component here six flags is looking to license its brand and allow Foreign Developers