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Although some market-players won't like stocks as much as they did before the election -- as Democrats have historically sided with consumers and not investors -- they should stay invested, Jim Cramer told viewers of his "Mad Money" TV show Wednesday. People may be wondering why the market rallied today even though the Democrats have taken over. But the rally is in accordance with Cramer's Big Bad Event theory, which states that once the event passes, the market tends to relax and go on its way. Even though things are not as "rosy" as they were before, the Democrats don't have the power to do anything except make corporations feel bad, Cramer said. As Cramer does not believe that will affect the market, he urged people to stay in the game. Drug, oil and defense stocks tend to be the target, which means investors will need to keep their eyes on Washington to make money in the market now. But there's still a way to "traverse" the markets and do this, Cramer said. Cramer believes Democrats won't hurt credit card companies, and MasterCard (MA Quote) will still go higher. In addition, Capital One (COF Quote) is "very cheap," he said.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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