This column was originally published on RealMoney on Jan. 5 at 9:25 a.m. EST. It's being republished as a bonus for readers. For more information about subscribing to RealMoney, please click here .

Shoot! Rate cuts are now on hold because of this employment number . Now we have a real quandary on our hands, because the money that's flowing into health care stocks has to take a break and the money flowing into tech will pause -- remember, only momentarily -- until the hedge funds are done buying their puts.

Of course, I can make a "growth with no inflation" argument, and the bulls most certainly will.

So, if that's the call, who benefits? Retail. I believe that retailers did better with December sales than people realized, given the global -- not warming but hotting that we're experiencing.

The Best Buy ( BBY) report gives the bulls something to hang their hats on.

Look for Nordstrom ( JWN) and Saks ( SKS) to move up.

And I would rotate back into J.C. Penney ( JCP) and Kohl's ( KSS).

Sears ( SHLD) has sat here forever; let me throw that in, too.

Not an ideal group to roll into, but then again, with no data points other than Best Buy's out today, the group could be all play and no work, which keeps things from being dull.
At the time of publication, Cramer was long Sears Holdings.

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