Jim Cramer expects Donald Trump's presidency to stand for lower taxes, fewer regulations and borrowing money for infrastructure.
That's just the way a real estate developer thinks.
"It's a brave new world and we are going to play that way until Trump tells us otherwise. Yes, it's the Trump stage and all the stocks are merely players in his drama," the "Mad Money" host said.
This means that stocks related to building materials, such as heating, ventilation, plumbing and electrical work all went up this week. This also includes machines for building and banks to borrow money.
It also signified that money managers took the money by selling the Clinton stocks they already owned, and created a massive stock rotation in the market.
The first thing he will be looking for is a tweet from Trump saying that he will want to issue $500 billion in Make America Great Again 30-year bonds to rebuild roads, bridges and infrastructure. He will also watch for appointments of people in his cabinet.
With Trump in the White House and the Republicans controlling Congress, many investors expect less regulation. This was clear from the rotation into bank and drug stocks this week, and Cramer expects the oil industry to be the next group to be picked up.
"With a Trump presidency on the horizon, I expect the oil industry to benefit from a wave of deregulation," Cramer said.
Cramer focused on the exploration and production companies that could still survive with the price of crude in the low $40s. His top pick was EOG Resources, which is one of the largest independent oil companies in the patch.
FANG stocks also took a beating this week in what Cramer described as the biggest rotation of stocks he has ever seen.
FANG stands for Facebook, Amazon, Netflix and Google, now Alphabet. When Cramer initially coined the term FANG, it was to highlight four stocks that were in charge of their own destinies. They were able to do well, regardless of how the economy fared.
"FANG and the other high-growth stocks get sold to raise money to purchase the likes of CAT and Wells Fargo, because they will have the highest estimate revisions, and that is what causes stocks to roar," Cramer said.
Many restaurants have been struggling lately, yet Popeyes Louisiana Kitchen managed to deliver surprisingly strong results this quarter.
In the last couple of years, Popeyes' stock has stalled, making Cramer wonder if growth had decelerated. However, when Popeyes reported on Wednesday, the stock roared more than 8 percent the next day in response.
Cramer spoke with Popeyes CEO Cheryl Bachelder, who confirmed that the company is looking for more traffic to start coming into restaurants.
"Hopefully now that things are certain, more certain about the future, maybe a little bit more optimism about economic growth, hopefully we see some real return to the restaurants coming forward," Bachelder said.
With the Federal Reserve expected to raise rates next month, Cramer dove into what it could mean for the high-yielding bond market equivalent stocks, like real estate investment trusts (REITs).
Many REITS have been under pressure in anticipation of a rate hike, like Apple Hospitality, which has fallen more than 10 percent in the past three months, even though it just reported a strong quarter on Monday.
Apple Hospitality is a real estate investment trust that owns 236 hotels in high-end urban or suburban markets, all under the Hilton or Marriott brands. Two months ago it merged with Apple REIT Ten in a $1.3 billion deal to create one of the biggest select-service lodging plays out there.
Cramer spoke with Apple Hospitality's CEO Justin Knight, who explained the diversification of the company has created solid fundamentals. Cramer speculated that the stock simply fell not because of the fundamentals, but because the company has an attractive yield, and with rates expected to rise investors are rotating into bond plays.
"When we built our portfolio, we were really looking to mitigate risk and create stability for our shareholders," Knight said.
In the Lightning Round, Cramer gave his take on a few caller favorite stocks:
Chemours: "Holy cow, that thing is a bat out of hell! It has moved too much. The short-sellers are all over it, but I say ka-ching ka-ching."
Acuity Brands: "This one was considered to be a secular grower in an area where all people want is cyclical. It is not right to own right now."