Jim Cramer: Retail Is the Winner in This Current Market Environment
TheStreet's Jim Cramer explains where investors should put their money in the current market environment. Cramer says Wednesday was a key day for the market because we had 90 precent negative breadth -- that has typically marked a bottom and we've gotten oversold. He says this market is getting bifurcated. There are the oil resources companies (he advises investors not to try to catch the bottom in oil) and then there are the companies that are takers of energy and they are all going to see numbers go higher, chiefly the domestics. But, he says, retail is the winner. Everything else is case by case -- aerospace and housing, for example, are case by case. But there is no negative case right now for retail, he says, so that's where you want to be.









