The volatility of a speculative market can be difficult to navigate. Jim Cramer prefers a disciplined approach to trading. "I just want to see a return to non-speculative stocks. Because if they go up every day, people are going to lose a lot of money. I am a believer that discipline trumps conviction", Cramer said.
Retail is Jim's favorite sector right now and he lists his top stock picks for the holiday season and also expresses his approval of Janet Yellen for Treasury Secretary and why she is a good choice.
Cramer Market Minute is a new video series with the biggest moments from TheStreet Live with Jim Cramer.
Read More About Today's Show: Everything Jim Cramer Is Watching in Markets Friday