Cramer Remix: Michael Phelps holds the key to understanding the market

Cramer Remix: Michael Phelps holds the key to understanding the market

The cross-currents of the stock market are so strong Jim Cramer says he can only depend on Michael Phelps to navigate the dangerous riptides to figure out what is going on.

"While the averages might not have told you this today, I am telling you that today was the most bullish day yet in the now fabled post-election Trump rally," the "Mad Money" host said.

Tuesday's market was not only bullish for post-election stocks, but also the pre-election winners took part in the action. This included banks, drug stocks and technology stocks.

However, underlying it all were bonds, which controlled the current of the market.

Interest rates have soared after the election because Trump plans to do some serious spending and big-league tax cuts. That means borrowing money from the bond market in order to fund all of this.

Republican presidential candidate Donald Trump attends the third day of the Republican National Convention on July 20, 2016 at the Quicken Loans Arena in Cleveland, Ohio.
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Warren Buffett has been a vocal critic of the airline industry, so after Berkshire Hathaway's purchase of shares in four airlines, Cramer wanted to know what changed Buffett's mind.

Buffett now owns 21.7 million shares of American Airlines, 6.3 million shares of Delta Air Lines, 4.5 million shares of United Continental and an undisclosed stake in Southwest Airlines.

"I need to give you the standard warning about trying to piggyback off of famous investors, because by the time you see their filings, it is often too late to capture the bottom," Cramer said.

Cramer was also shocked by the collapse of natural gas prices in the past month.

"One of the largest natural gas collapses in recent memory, a crash of epic proportions that no one is talking about," he said.

To figure out where natural gas prices could be headed, he turned to technician and commodities expert Carley Garner. She is a colleague of Cramer's at RealMoney.com and the co-founder of DeCarley Trading.

While Garner predicted the decline of natural gas a month ago, she was stunned by the rapid decline. She believes that the natural gas market is showing signs of bottoming.

Ultimately, the charts suggested to Garner that natural gas will head lower before it can rebound. She recommended investors to be prepared for a slide lower, and then there could be a sustained comeback.

There's a new semiconductor company in town, and Cramer was so impressed, he's calling it the "Intel of this generation."

NVIDIA is the maker of powerful graphics chips for PCs used by gamers. It supplies the components for the connected car, the internet of things, the data center, cloud and artificial intelligence.

It basically has exposure to most of the hot end markets in technology.

The success showed in the numbers, as NVIDIA delivered a strong quarter on Friday. This led Cramer to believe it's now more than a chipmaker. It is a hybrid play on graphics cloud-based artificial intelligence solutions for enterprise.

"I think that makes NVIDIA the defining semiconductor story of this generation, which is why I believe it's got more room to run. Although, ideally, you should wait for a pullback here before you pull the trigger," Cramer said.

Another technology play on Cramer's radar is Talend, the software company that helps to integrate data and applications in real-time across traditional, modern cloud or big data environments.

Talend's platform lets customers see a unified view of how their businesses are doing and what their customers want.

Cramer last spoke with Talend when it was privately held. However, it came public at the end of July. The company reported a strong quarter last Thursday, with a narrower than expected loss, 40 percent revenue growth and optimistic guidance for the next quarter.

Talend's CEO Mike Tuchen spoke with Cramer on Tuesday, who explained that with more things measurable than ever before, big data has grown in importance.

"Right now, companies are trying to do more and more decision-making based on data, not heuristics, not gut feel. And they are doing that because the world is becoming more and more digitized," Tuchen said.

In the Lightning Round, Cramer gave his take on a few caller favorite stocks:

Buffalo Wild Wings: "I like what the activists are saying. I do like the company, I think the company is going to enjoy better times now post-election. That's what Zoe's Kitchen said, so my answer is, let her ride!"

Spark Energy: "If we are going to go down into the retail energy business, then we are going to go and we are going to stick with Chevron. I'm not kidding, because we want that power."