Jim Cramer blessed Tuesday's tape by encouraging his radio listeners to "celebrate the confluence in stocks."

On his

"RealMoney" radio show, Cramer said 462 stocks -- those making new highs Monday -- can't be wrong.

"Usually if oil goes up nothing else can," said Cramer. "But nowadays, oil, retail and everything else is going up together. That means that there is more cash out there chasing stocks, and the


is not killing the economy."

As evidence that the consumer still feels flush, Cramer cited Tuesday's positive performances in his so-called four horsemen of the consumer:




Best Buy

(BBY) - Get Report


Home Depot

(HD) - Get Report



(LOW) - Get Report

. All four were ramping and, according to Cramer, "when those pins fall, you are going to get a strike."

The pin action from the retailers will help companies that sell products designed to improve people's homes, such as

Black & Decker


Stanley Works

(SWK) - Get Report



(MAS) - Get Report


American Standard



Likewise, Cramer believes that Best Buy is "ground zero for technology," and that means good things for the likes of


(AAPL) - Get Report



(DELL) - Get Report



(GLW) - Get Report

which makes liquid crystal displays for big-screen TVs.

Technology flying off the shelves at Best Buy also means good things for semiconductor manufacturers, since all those tech toys are stuffed with chips.

Furthermore, Cramer highlighted that summer is typically not the best time for retailers, something he says augurs a strong fall.

"Housing, autos and retail are all doing better than anybody thinks," said Cramer. "Use the selloffs to put money to work."

Image placeholder title

Despite the solid tape, Cramer said not everything is a raging buy. He is not high on financials, other than longtime fave

Commerce Bancorp

(CBH) - Get Report

, and he is also not big on chemical stocks.

In his "Danger Zone" segment, Cramer suggested selling

WPT Enterprises


, the force behind the television phenomenon

World Poker Tour


Cramer bases his dislike for the shares on an article in the

New York Post

about a potential takeout in the stock. He said the story does not have any credence, so take money off the table. And definitely don't go all-in.

On the other hand, Cramer says it's more than OK to give shares of


(WHR) - Get Report

a spin. Cramer foresees a hot summer with hot sales for air conditioners and other appliance at Sears. He handicaps the stock, recently trading just above $70 as "$5 down and 15 up."

And despite Herb Greenberg's negative article on

Urban Outfitters

(URBN) - Get Report

, Cramer still loves it. And he'll take on Herb tonight personally on

Mad Money


Cramer put pharmaceuticals stocks in his Sector Spotlight, where he takes emails and calls from listeners.

He responded to one listener by recommending


(BMY) - Get Report



(MRK) - Get Report

because of Vioxx litigation overhang.




has seen some detractors lately over concerns about price controls for its drugs. Nevertheless, Cramer says stick with it because it's best-of-breed, his favorite type of company.

Other sensible swaps in pharma-land would be

UnitedHealth Group

(UNH) - Get Report



(PFE) - Get Report

. And while he likes

Becton Dickinson

(BDX) - Get Report

("What's not to like at 25 times earnings?"), he likes

Abbot Laboratories

(ABT) - Get Report


Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

At the time of publication, Cramer was long Commerce Bancorp, Sears and UnitedHealth.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict."