Retail, Banks, Builders -- No, No, No

Why is anyone recommending a retailer or a bank or a housing play right now? Why? Can someone explain why every analyst isn't saying that these are all sells?

I think the problem is structural. All analysts feel they have to recommend something. I think that in retail almost everything is a short except for Wal-Mart (WMT - commentary - Cramer's Take), Costco (COST - commentary - Cramer's Take) (which will be under pressure because of the BJ's (BJ - commentary - Cramer's Take) downgrade), TJX (TJX - commentary - Cramer's Take) and Urban Outfitters (URBN - commentary - Cramer's Take). The first three are total trade-down plays.

Banks? Now that JPMorgan (JPM - commentary - Cramer's Take) has bitten off more than it can chew, there is nothing to recommend. Brokers? I think Morgan Stanley (MS - commentary - Cramer's Take) is an eventual winner -- but I understand the reluctance to recommend -- and I like Goldman (GS - commentary - Cramer's Take).

Homebuilders? Sheesh. You can't recommend them at all. None of them. Just ridiculous. That upgrade today isn't early, it is just wrong and will be just like what Goldman had to do yesterday when it changed its mind about this stuff.

Toxic.

A handful of maybe six stocks of about 20% of the S&P.

And I am not even telling you how much I want to sell anything auto!

At the time of publication, Cramer was long Wal-Mart, Morgan Stanley and Goldman Sachs.

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