Time to become more circumspect about this remarkable run. There is so much that is positive, im beginning to rack up a few negatives, too. Weve been whistling past serious grave yards on the way to these new heights. Its worth shining a light on those grave stones as this market continues to break records. The dow made another new alltime high. S p slipped back and nasdaq declined 25. 9 . We recognize the three major tenets of trumps poll circumstance deregulation, lower Corporate Tax rate and tax holiday of repatriation of overseas earnings are terrific for the stock market. Weve run a great deal because of that triad. But you know what . We need to start asking ourselves how far we can go just on those three things when there are beginning to be other issues that just arent going right and weve got to talk about them now. Lets tick them down. First theres oil which was up sharply today. Oil rallying on better demand is one thing we like that. Crude simply climbing on production cutback . Thats a sign of pure inflation in a market that got used to not having inflation. Any increase in oil has been viewed historically as a sign the world is getting better. But this new rally with oil up another buck is based on nothing more than cartel discipline by opec as production by nonopec producers like russia. Its not good for the market. Trump doesnt like opec. He told me so personally. The biggest problem is something i never hear about i told but it once. Every time they lower Interest Rates, the cartel because i call it a cartel, the illegal monopoly raises oil prices, okay . The monopoly because thats all it is. The businesses ever formed opec, everybody would be put in jail. Here they are and every time a country hits oil, theyre invited in to the cartel. Okay . Its a disgrace. What happens if he takes issue with the production cuts . What if we have to start trimming estimates to the big years of oil mainly airlines and cruise lines. They were hammered today theyve been going up in sync with oil. Maybe we reached the outer limits where Higher Oil Prices are bad, not good. Even the oil service companies. Even those sold out at the end of the day. Trump is actually deadly serious about standing up to china. As we know from his china policy, one that embraces taiwan as a real country. The peoples republic is daring him to go ahead with a veiled threat to block the sales of u. S. Goods. China is a huge market for our goods. What if they ban the iphone or go after young china . We shouldnt get too cozy with any country with a gigantic chinese portfolio. Who knows where this confrontation leads and how long well be able to ignore it. This is where the rubber hits the road which is calling for a new cold business war. Where our president elect is trying to sacrifice American Economic interest short term for a pile of gold down the road. I dont know a soul who thought the breaking point would be this revision of our longstanding agreement to pretend taiwan doesnt exist. Trump seems to be betting that china itself is indeed a paper tiger. Maybe it is. All i can say if you own the stock of a company that does a ton of business with the peoples republic, thats become a risk factor. Third, the new cabinet. Taken in its entirety, it might worry professional money managers. The former executive of exxonmobil being secretary of state. That may be too frightening for some investors who arent used to this kind of change. Granted, these are all usually probusiness appointments as wilbur ross in commerce and gary cohn, the president and ceo of Goldman Sachs who had been tapped to run the economic council. This departure from more traditional cabinet picks might spook investors or big intuitions or queasy about what this Administration May be like. They didnt really think about this stuff. Fourth, the president elects calls and tweets to Business People may be too out of control or radical or unpredictable. Trumps tweet about Lockheed Martin and the cost of the f35 fighters and the implied threat the government wont tolerate this thing is one in an increasingly long line weve come to expect. Call boeing tomorrow and say sorry . You cant have that 16. 6 billion order from iran. We are paying full back for those air force ones. When we tweet the pharmaceutical companies are raising the prices too quickly. Is this how its going to be the next four years . If so, arent stocks getting too risky . Are we about to expand the trump stock . Not trump stock. Are we going to expand the not trump stock button . I dont know. Thinking about these ceos coming to new york later this week, they are tech ceos. Many didnt vote for him do. You think its going to be a wood shed lecture like he gave the media or will trump make a reconciliation . Do you know the answer . I dont. Interest rates keep climbing. The dollar keeps going higher. Historically, these are issues that gutted the market and hit stocks of International Companies particularly hard. The numbers might have to come down for these companies. Stocks go lower, not higher. Rates are going up that hurts the housing market. Real astatement Investment Trust seem to be overvalued and too risky for those who want yk versus what you can get with a riskfree 10year. Investors are so sure trump will pass this progrowth agenda they arent concerned about these things. I get that. Or it will prove too much and a Tipping Point might be in sight. Especially with fed ready to raise Interest Rates. We should be concerned because its inflationary pressures building from Higher Energy and potentially higher food prices, there could be four. Who knows how much inflation will surge if nafta is scrapped or tariffs get slapped on companies that move to mexico. If trump issues 500 billion worth a 30year make America Great bonds, could you see rates move up more quickly. The fed may need to keep pace all way. We have no resolution of the bailout of the oldest bank of the world we heard the company is trying to cobble 5 billion euros. 45 billion euros. I authentic fthink few investor for a bank failure here. Maybe it can be saved, but not by italian citizens and debt holders. What if there is a rebellion in congress . Maybe they wont go along with trumps agenda and the bank stocks dont get the relief we are looking for. After this magnificent run, ive got to admit there isnt much room for error. Against all these negatives is the prospect of a major pickup of economic growth, could be higher as 4 , lower taxes, deregulations. They are big enough to generate a real acceleration. I wish the market would take a pause to assess these risks. When i saw Johnson Johnson stock rally on a positive article in barrons, i said that was too giddy. There was nothing new in the article. Heres the bottom line, i, too, am excited by all this heady growth talk. I too like the markets animal bullish spirits. However, i cant remember a time when we whistled past more grave yards at once. Things could be this good for sure, but maybe well realize a cemetery could be a spooky place. After this monster rally, were set up to be spooked and i want you to be ready if it happens. David in georgia. David. Caller good evening from macon, georgia. Nice whats up . Caller 70 degrees and wonderful down here. My question is about the cocacola company. Ko. A negative yield this year. I lost more than the dividend. Do i continue to hold it or dump it . I think theyve done a remarkable job transforming the company. Maybe the new will get credit. Hold on to cocacola and youll be fine. Chuck in california. Caller with verizon being the traditional dividend play, i believe it brought them down with 146 handle. Back to 60 with interest in acquiring some content. To get to 60, aol will have to be added. Armstrong intends to do that. You need both Interest Rates to go down and aol to be immediately added for it to get 60. I think thats a bit of a stretch. I do continue to like verizon very much. Rita in south carolina. Caller hello, retiree from new york. I want to know what you think of twitter, being that trump uses that to communicate with everybody. I think twitter stock is overvalued versus its fundamental earnings power, but undervalue when it comes to someone who should buy it given the fact that it really did help elect a president of the united states. All right. Weve ignored the negatives far too long. It might be time to take a bit of a pause. Maybe see what Trump Presidency really means. On mad money tonight, onceignored bank stocks that have become goto names. Not all sectors are created equal. Im ranking the best and taking a closer look what could be considered the greatest deals the street has seen. Dont miss my take on the acquisition of broadcom. A company thats working with the likes of amazon, fedex and kellogg. You may have never heard of it. Ill reveal the name. 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 call at 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. Why pause a spontaneous moment . Cialis for daily use treats ed and the urinary symptoms of bph. Tell your doctor about your medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis. Ever since Donald Trumps surprise victory a little more than a month ago, the banks stocks have been leading this whole market higher. Oncereviled groups became red hot. Investors started thinking about lesser regulation, faster growth and higher Interest Rate. Kbw bank index is up 22 since the election. Thats a remarkable move. These are banks, not small cap tech. Something else has been happening with the banks. We are going to call attention to it. Its really a very inside wall street story. A whole group has been powering higher, the regional banks got hit with a downgrade. These downgrades barely slowed these stocks down. Im considering it to be flies on the windshield of a speeding car. Today when financials finally seem to be taking a breather, we need to ask why are so many analysts bailing on the reelg nals when financials have become the sexiest group . Personally, i think there is no better evidence than the fact they can keep more in the face of these downgrades. Let me walk you through some of,000 favorites one by one. Why dont we start with plain vanilla beb t. From june to a few weeks before the election, bbt got hit with five accept brought downgrades. The conventional wisdoms with Hillary Clinton would win. Everybody was so wrong because that would have given elizabeth warren, the nemesis of the financial industry a powerful position in the senate and would you not want to own bbt. Trump won. We have a republican sweep. Whole landscape changed overnight. Did these people upgrade . No. They got downgraded to the once but twice. What do the analysts have to say for themselves . Morgan stanley put it out the Election Results were a big positive for the analysts. They said bb t had less cost savings acquisitions. National penn they snapped up for 1. 8 billion. We liked all that stuff on our show. How about bmo . They downgraded bbt after trumps victory. They raised the target from 43 to 45. Now its just under 47. They argue bbt has run out of catalyst to outperform in the new rate environment. The stock has run up 10 since the election. All i can say is, oops. Bb t is rising another 12 . Its up more than 9 since the downgrade. These guys missed the fact this market is seeing a wholesale whats known as rerating on the financial sector. All the banks are ready to roar in advance of this weeks fed meeting. Pretty much everyone expects a rate hike that will let the group make even more money. Turns out this market doesnt care about nitpicking when it comes to the bull market and financials. This is one powerful move. How about Fifth Third Bank . The ohiobased bank has 1,200 locations in the midwest and southeast. Like bbent t got hit with a whole bunch of downgrades earlier in the year, six leading up to the election. In the week after the election, would you expect everyone to be upgraded, right . Its such a good time . No. Three more downgrades. Ine before the election changed the whole picture, some analysts were talking about how the stock made a nice ketchup move. After the voting, some guys got more gun shy. Bear told us fifth third already baked in most of the upside from the companys Efficiency Program which is totally missing the point here. They could be the least Efficient Bank in america and still be poised to make a killing right now. Sure enough, fifth third rocketed up more than 20 since the election, including a 3 gain since that bear downgrade. Key corp, roughly 1,000 branches across the eastern and western united states. This one is really gold. Key got downgraded five times. Look over these downgrades, the reason is the same, valuation. For example, two weeks ago kbw lowered the rating from outperform to market perform based on the idea key corp had run dramatically and may not have the same momentum compared to its peers. Since that downgrade, key has rallied, there it goes, another 7 . Then theres the alabama financial. According to piper, it was already pricing in higher rates and wanted to take a victory lap because its been one of the better performing stocks. Valuation again. These valuations calls are making analysts look like they are rigorous. Regions rally is up 7. 5 since the Piper Jaffray downgrade. Fti, suntrust. Since the election, suntrust has been downgraded four times by Morgan Stanley and wells fargo and compass point. We are downgrading suntrust to market perform from outperform largely on valuation. Guess what . 6 since then. When will these guys learn . Finally us bancorp. That is a national bank, regional national. 3,000 branches across the midwest. U. S. Bank corp is exactly the kind of company that should make a killing from rising rates, a stronger economy, less actual regulatory an enforcement. The stock has been downgraded three times since the election by Morgan Stanley, Piper Jaffray. Piper said, this stock has difficulty keeping pace with peers that can more aggressively employ capital. Its up another 6 . The regionals have gotten more expensive since the election. Are they that pricey . Bbt, fifth third, regions, suntrust, 15 times earnings. Key, 14 times earnings. Lower than the s p. These stocks all continue to sell at a substantial discount to the average stock which is the 20 times earnings. Even if banks are seeing the prospects improve, they are improving dramatically. Yes, regional banks have run up dramatically since the election. Yes, their stocks already baked in the pending rate hike and some are better than others. When you see a group like this keep rallying as it continues to get hit with no sponsorship, just downgrade after downgrade, nobody pushing them, that means the move is for real. The regional banks can keep roaring because there are way too many Hedge Fund Managers that dont have enough financial exposure. These are classic you know what we call them . Trump stock, trump stock, trump stock. After the consolidation, i expect around the feds move this week, there will be a run that stocks anew. Stick with the bank stocks. Stick with cramer. Much more mad money ahead. Did you see those knockout numbers from broadcom . With the stock soaring, ill tell you if the company has room to run. Just 12 days until christmas . An unconventional holiday play. My exclusive with a company in a hand in many of your favorite ecommerce names. 140 characters gets what it did. It cost Lockheed Martin a lot of money. Stick with cramer. Were drowning in information. Where, in all of this, is the stuff that matters . The stakes are so high, your finances, your future. How do you solve this . You dont. You partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. Morgan stanley. Tonight we need to talk about whats looking increasingly like the greatest deal in ages. Avagos 37 billion acquisition of broadcom last year. A transaction that created the Third LargestSemiconductor Company on earth. Now named Broadcom Limited. I remember when people laughed at this deal. In april it was trading at 157. Its at 178 after rocking 5 higher friday. You know what . Even after this run, i think there is more room to the upside. The new Broadcom Limited reported real blowout numbers with a nice revenue beat, a big earnings topper and a very strong guidance, not to mention the announcement i thought was stunning. Theyre doubling the dividends, bringing the yield up to 2. 3 from great growth stock. Thats why as we approached the oneyear anniversary of the completion of this deal, ive got to revisit the story and explain why this companys doing so well and might you want want to consider the tech you should oin for 2017. The new broadcom is a leading maker of chips for wired and wireless communication. As well as enterprise storage, multimedia connectivity and the internet of things, thats their business, and right now business is booming. So how about this incredible quarter the Company Reported on friday . Eric johnson, he gave a terrific overview this weekend, explains the giant chip maker was able to deliver because it has excellent management. The team that us