NEW YORK (

TheStreet

) -- The markets are rallying today without the help of the financial sector, said Jim Cramer during his

Stop Trading

segment on CNBC.

"Typically with a rally like this you would expect the financials to charge ahead," Cramer said. "But the major regional banks are down, showing that the rally is so broad-based it doesn't need the financials."

Cramer said it appears hedge funds are trying to prove themselves before the year ends by staying away from the weak bank sector.

PNC Financial Service

(PNC) - Get Report

is down 1.7% to $56.04 in afternoon trading, while

American Express

(AXP) - Get Report

is falling 1% to $41.44.

On the flip side, there is no real news coming out of natural gas sector, Cramer said, but the stocks are running, and much of the market gain is being led by agriculture. "This is scary since agriculture led the 2007 rally," Cramer said.

Cramer said he is focused on the retail sector, which he says people are far too negative. "The consumer is better than we think and expect it will be a profitable holiday season."

He also cited solid home sales number released.

For these reasons, even without the banks, Cramer said he would buy into the market.

Some of Cramer's stock picks for the day, he announced, are

Visa

(V) - Get Report

and

Altera

(ALTR) - Get Report

.

-- Reported by Jeanine Poggi in New York

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