Gained 123 points, an alltime high, the s p climbs and the nasdaq climbs 1. 10 remind us why we stay in stocks for the long time. Every day were bombarded by negativity on a daily basis. This market has no real champions, despite its record shattering performance i know its hard to stick wit. Too many people come on to try to scare you just when you think the stocks have to go down for the count because of the alleged transgressions say of the sons of the father or at least Donald Trumps son, or janet yellen may say the wrong thin or because north korean missiles are pointed towards the aleutians, we get a day like today, where hopefully you can remember that sometimes things can work out for the bulls. What triggers this rally there are a variety of factors we had yellin telling you a good story of growth. We had a big dip in Interest Rates which reminds us there are higher yielding stocks that arent worth throwing away we had rumors that the president s chief economic adviser gary cohen might be named the new fed chief. Some people say whoa, that job belongs to an economist. I say hes essentially a nonclassically trained economist who has offered the best, most thoughtful insights about wages and why they havent gone up that ive heard. And who could be a better fed chair right now than a trader by back ground who knows how to trade and place the several trillion dollars in bond that the Federal Reserve owns and needs to unload . Maybe cohen, who is so shrewd, and we know this from his time at goldman sachs, would recognize that the fed should sell its bonds first before a slew of rate hikes these are strange times. The economists who run the fed in the past made some huge mistakes that never would have happened with someone under wall street i understand why some are uncomfortable that he used to be the number two at goldman sachs. They did some things wrong during the great recession, we know that. But i would rather that him running things than some ph. D. Who doesnt know how the markets work and has never bought or sold more than a savings bond so what happens when it all comes together well, we get a broad rally encompassing many different groups many in contrasting groups the kind of move that reminds you why you just dont sell everything if you dont like the market, youre getting a better chance to sell. Lets talk about the ten positives that occurred today and let us soar higher i think this illustrates how rallies work, how they can happen and its not just based on sentiment, but based on fundamentals first, theres fang, which has become a bit of an outcast as of late all the newspapers are fang, fang, how bad fang is. In the last 24 hours, we heard that facebook is now going to charge for messenger amazon prime day, and netflix catching a lot of love, were seeing Great International love. And they changed that g to a a billion dollar tax writeup in europe does they always lose in europe . Next the clickcyclicals moved up higher and theres no better sign of Worldwide Growth than caterpillar hitting those high levels and third, a sustained move all day by the drug stocks when the fed chief says we have slow growth and no inflation to speak of, the playbook say reach for ely lily, johnson and johnson or allergen. Fourth, the airlines got some fabulous revenue airlines. Good news for united and southwest. It means the transports can break out, confirming any strength in the dow, confirming the rally makes sense and is rational fifth, oil didnt get clobbered. I keep harping on the idea that this group punches above its weight meaning when oil goes down, the stock has a chance to hurt the overall market at 42 a barrel, traders are way too negative about the group sell in the 50s and buy in the low 40s. Dont forget to sell when you get to 50. Six, even if the bank stocks stall, yellin indicated a measured pace to rate mikes. We had a big movement in the payment processors led by paypal, which is finally getting its due. Remember when visa, mastercard, google were supposed to be destroyed by paypal . Paypal has now partnered with switzerland. Way to go, ceo dan shulman it doesnt hurt that the bank stocks fell off a little last friday when you really come into earnings, no matter what number tends to get hit maybe this takes the sting out seventh, the cloud and artificial stocks all rallied, making the tech move pretty darn braced this is nice leadership. Doesnt hurt, of course, to have nvidia rocking the house either. What a horse nvidia is or actually i renamed my nvidia invites any short sellers. Auto desk, red hat, sales force, oracle and workday as goto performers we should go to the pound and name all the dogs those. Eight, a big drag on retailers are starting to mount a comeback i like the fact that home depot is ramping same with walmart, which i think didnt deserve to sell down that hard nine, europe is up again we forget how important europe is 777 Million People on that continent and its finally getting back on track. Big rallies here in america are often mounted on turns over there. I think it will be a bright spot in the second half of the year the market was able to shrug off a lot of negative stories. Apple, including the new iphone will be late theres so Many Companies connected to the iphone, but they were able to rally nicely with broadcom, a huge apple su prior jumping more than five points now, for a moment, i want to go back to the concept i talked about at the top if you dont like the market, youre being given an incredible gift if you want to get out, this is your chance to sell into strength i hate the doom sayers who right or come on air saying sell, sell, sell, after the market has cratered thanks for nothing now is your opportunity at the high if you want to bolt heres the bottom line keep days like today in your head remember these are a reminder, a reminder that patience can and does get rewarded. Occasionally the market elects to do whats rational, not whats stupid. Isnt it a delight to watch it unfold lets go to greg in illinois greg caller booyah, jim. My question is following up on your comments on yesterdays show about retail and the way to survive is to merge. I was wondering what are your thoughts about the agreement between walgreens and riteaid and picking up 2100 scoreckinto that smart merger is not really happening, which is why walgreens stock doesnt do well thank heavens i said go. But you know what, merger would have been great for everybody. May i speak to neil in new jersey, please caller hi, mr. Cramer, thanks for taking my call. A quick question, i have a lot of money in my 401 k with Spectra Energy they were just bought out and i wondered how you felt . I like them very much 4 yield but every time you put your head into it, it just gets guillotined. So you have to be patient. Theyre a good growth company. Lets go to lou ellen in pennsylvania caller hey, jim, ready to make some mad money. Im very interested in shoppify. I like the fundamentals its up 120 its a very good company i like the ecommerce platform its an alternative, an alternative to amazon, so to speak. Amazon is going higher what can i say today was a reminder why we stay in the game when we dont listen to people who say sell sell sell or people who say this is the end. I want people to stay in, because the market can be rational on mad money tonight, when amazon announced about whole foods, there are other transformative deals people arent focused on. Ill reveal them ahead and then im eyeing an Aerospace Company to see if it can continue to cruise to new highs. Dont miss my take and im sitting down with the ceo of Herman Miller so stick with cramer dont miss a second of mad money. Follow jimcramer at twitter have a question . Tweet cramer at madtweets send an email at madmoney cnbc. Com or give us a call at 1800743cnbc miss something head to madmoney. Cnbc. Com. For your heart. Your joints. Or your digestion. So why wouldnt you take something for the most important part of you. Your brain. With an ingredient originally found in jellyfish, prevagen is now the number one selling brain Health Supplement in drug stores nationwide. Prevagen. The name to remember. Forget the fact that mergerened acquisition activity seems to be tapering off something we talked about last night. Whats even more worrisome is that when we do get a deal, unless its something huge like amazon buying whole foods, the market kind of yawns ignores it consider a really important deal i want to talk about consider the recent announced purchase of world pay. We know the payment processors have been on fire. And theyre very much part of that bull market the company that helps process billions of transactions every year, with a strong presence in the United Kingdom yet this deal which we learned about last week has been flying under the radar screen that seems crazy to me, even as i recognize theres been a lot of distracting news out of washington still, vantiv deserves more attention and thats what were going to give it the company is listed as a merchant acquirer, meaning it signs up retailers to Credit Card Networks. In other words, they enable merchants to accept Electronic Payments the key thing is they own the client relationships with retailers, and they set pricing. At the same time, the Company Provides all sorts of services to the Financial Institutions that issue credit cards and they run their own payment network. Theyre a major player in this business last year, it was a top acquirer in the u. S. By purchase transactions so how does the business work . People dont know this youve used your credit card a million times. Let me walk you through the Payment Processing food chain so you understand where these guys fit into it, and maybe youll want to buy some stock first, you walk into a store and pay for something with your credit card . That sets off a huge Chain Reaction that you dont know about. The retailer sends the information to the merchant acquirer, like vantiv. Thats what happens right after they swipe your card then they give the information to the card Network Provider which makes it to the issuing bank, which validates the transaction and pays the money then the Network Takes a small cut of every transaction and they pay themselves and the merchant acquirer. Finally, the Credit Card Network pays the retailer that kicked off this whole chain of events thats what happens every time you swipe your card with that chip insertion thing and you need to understand its a lot more complex than it might seem at first glance most of the fees that get collected go to vantiv or other merchant acquirers they get as much as 2 to 3 of the transaction amount the Credit Card Network gets 15 to 18 basis points a lot of the value and Payment Processing comes with having relationships with the retailers. Thats why it shouldnt be too surprising that they want to take over world pay for 10 million. Vantiv is domestic, but world play is international. It processes mobile online and in store payments across 146 countries a and in the uk, world pay is behind 41 of all credit card transactions. After receiving offers from vantiv and jpmorgan, they accepted vantivs bid which came in at a 19 premium. I get that theyre the least visible part of this whole payments process and business. But their names arent even on your credit card but this is a very important transaction. While vantiv stock fell 2. 4 on the news, its been bouncing back since and today climbed above its predeal level. Thats a good sign that maybe you want to buy. The markets had time to think about the deal and people understand that its going to be very good good for their business why . For starters, theyre about to go from a domestic payments play to worldwide titan overnight in one acquisition. Theyre going to get a Huge International foot print, especially in europe, and this is a very good time to start getting access to the European Market their economies are humming and they put the financial crisis behind them. The eu passed a new Payment Services directive designed to open up the payment system, trying to give the banks less leverage relative to other players in the payment food chain, which is very good good news for vantiv. Its not just about International Exposure world pay is about 34 online. Vantiv is 10 to 15 so this takes them into the 21st venturery. Vantive has tons of big retailers. Then world pay actually has a lagging u. S. Business that has been underperforming because it was late to embrace the emv chip readers that are popping up all over the place vantiv should be able to get more mileage out of world pays neglected business this industry has had a lot of trouble lately most Big Box Stores cant compete with amazon. As the weakness here has been holding back vantivs numbers, world play has less exposure thats why i like the stock here but i have a broader take away from this merger the truth is the world pay deal is the latest move in a wave of consolidation that has been sweep thing payments industry that nobody talks about. Mastercard purchased a company for 920 million in april. Jpmorgan has been on a takeover binge. Thats on top of two multibillion dollar deals back in 2015. And vantiv purchased a Software PaymentCompany Earlier this year and i think thats more consolidation to come. Look for a deal, the red hots player, its more than doubled since we got behind it but the stock has more room to run. I wouldnt blame ceo jack dor y dorsey yes, im recommending twitter on the fundamental and a takeover basis. With so much attention devoted to whats happening in congress or this bombshell story, were barry noticing dynamite m a activity this is the biggest deal in the payment space since the great recession, and i think its terrific, particularly with the stock trading at 17 times earning. Buy some vantiv. Much more mad money ahead, including my take on one set of stocks air space has been on the run. Is it your chance to hop on board . And then Herman Miller has been sitting pretty after last weeks earnings, but can the companys rise continue . I have the exclusive with the ceo. And the call that was just made on netflix that is down right insane dont miss this. Stick with cramer. On a traffic day for the averages, its worth remembering that this rally is based on very strong, very sustained bull markets in individual sectors. Take aerospace its been roaring for some time now. Remember when everyone was writing off the stock of boeing in december . After then president elect trump came after them in a tweet about the cost of the new air force one . Well, boeings stock has run up more than 35 since then and its rallied nearly 60 over the past 12 months 60 for a big cap stock like this its been a fabulous leader for the aerospace group. Now its enkoirnlting whcounter quality problem. A lot of people are looking to take some profits. Look, its way too early to walk away from boeing although you cant blame anyone for selling some, because no one ever lost ringing the register but i feel hike you should at least swap into a Different Aerospace play, which brings me to another one, Rockwell Collins, col for you home gainers. Heres a company that makes Aerospace Components from flight deck avionics, communications and training equipment while the stock has had a nice run, up 27 over the past year, it trades at a big dispoint to boeing and the overall market trades at a discount to the average stock. This could be the one for you. So whats the deal if you take a look at the stocks twoyear chart, notice that this one didnt find its footing until last fall, spending most to have 2016 trading sideways or going lower. In 2015 and 2016, the companys Revenue Growth evaporated. Rockwell collins saw growth decelerate from 11 in 2014 to 0. 3 in 2016 they make their money selling Aerospace Parts to government and aircraft manufacturers the commercial division is down 2 , thanks to weakness in Business Aviation production however, when its growth is slowing, they werent afraid to take bold action and cut costs, allowing the company grow at 6 last year. Still while the company was doing good things, Rockwell Collins the stock didnt get much credit, or these for the bulk of 2016 as far as most investors are concerned, they needed to do Something Big to reignite the company, something palpable. Thats what they did in late october, Rockwell Collins announced it was buying b. E. Aerospace for 6. 4 billion, plus the assumption of debt. B. E. Aerospace is the worlds leading manufacturer of aircraft parts, from seating to oxygen. Yeah, the seating. This deal cagave them a much broader product portfolio. This company was focused on making the brains of airplanes before this purchase but b. E. Gave them more of the guts of the plane. Always wash your hands after flying more importantly, buying b. E. Aerospace fixed their growth problem in one fell swoop. As the ceo put it, this transformational acquisition is consistent with our democraty to accelerate growth and build value through cockpit and cabin solutions. We see tremendous opportunity to better serve our commercial aviation, and military customers through broader offerings. B. E. Aerospace has a leading position in all the segments it serves continuing, beyond new aircraft delivery, its 12 billion base provides a strong market of opportunities. Ive got to tell you, i love that business model. Yet the markets initial reaction was pretty negative, stock selling off