The stock market is out of control: Maybe I am a bit too amped up ahead of my plans to stay awake more than 24 hours straight to cover Black Friday, but isn't the stock market just nuts right now? The S&P 500 briefly broke through the 2,600 level on Tuesday to hit an all-time intraday high. People, this is supposed to be a holiday-shortened week where the fat cats on Wall Street are on their yachts in Bermuda flying drones over the ocean. This isn't the week, or so you would think, where more money is put to work on insanely hot sectors like tech and industrials. The buying borders on reckless -- simply hitting the buy button on year-to-date winners without even running through a 100-stage multi-factor model developed by a punk 23-year-old analyst. How can you justify Facebook (FB) trading on 16x price-to-sales multiple on a trailing basis (if you have no clue what this means, just realize it's very high). Meanwhile, Hong Kong's Hang Seng closed over 30,000 for the first time in 10 years. All I got for you right now on this one. 

Facebook is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells FB? Learn more now.

You can learn a lot about a person in 30 minutes: I spent 30 minutes or so with Walmart (WMT) CEO Doug McMillon on Tuesday (click through below to WATCH the segments), discussing everything from the holiday season, the retailer's rebirth, and how he looks so young. But it was what he didn't say that left me thinking Walmart's stock could rally another 50% over the next two years. There was something about the youthful-looking 51-year-old that screamed: "While I am smiley on the outside, I am fiercely competitive and will work 500 hours straight each day for five years straight to destroy Amazon (AMZN) ." That's the kind of leader you want to bet on.

Bye-Bye Meg Whitman: The departure of the high-profile CEO of Hewlett-Packard Enterprise Co. (HPE) has uncorked all sorts of analytical pieces. Does Whitman's restructuring ways leave HPE doomed? Did Whitman achieve success at HPE? Does she still have what it takes to be an effective CEO elsehwere? Here is something getting lost in the shuffle: What about the veteran HPE exec Antonio Neri? Does he have any shot in hell at truly igniting growth at HPE? TheStreet's Eric Jhonsa weighed in

What's Hot

One-on-One With Walmart CEO

McMillon on his new Tesla (TSLA) trucks...

...On what Walmart is looking for in acquisitions.

 

...And on Walmart's red-hot stock price. 

Facebook is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells FB? Learn more now.

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Editors' pick: Originally published Nov. 22.

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