it's about a 30 plus percent short, opposed to tjx, i think tjx can go higher. >> steve weis, what are you doing op the market as it related to retail? >> it put it on j.c. penny. the stock is values, sam valuation as macy's. it's a pair trade. i also shorted kohl's. and i bought nordstrom. nordstrom and macy's were both down on the print. great sales numbers. maybe expectation in macy's. >> grasso, you're on the floor today. that's giving some surge to the market. little bit any way. what are you doik? >> put it this way. as long as we stay above that 1370 level in the s&p, you could pr pretty much get a chimp to throw a dart and a dart board to buy anything because this market's going above 1400. it's almost that easy. >> right to brian tunic, on the fast line today. a specialty retail analyst at jpmorgan. were you as surprised at how strong the retail numbers were? >> definitely. i think we were trying to figure out the warm weather. the snowstorm in the northeast, so we had a pretty easy comparison there and again, we've been seeing the employment numbers and consumer confidence nu

shares of tjx have been on fire. they are taking aim with an options trade that has a 36-1 pay out. they will explain. total recall. the mighty short on microsoft is yet to pay off. he's got another move that can get his money back. how? the action begins right now. >> live from the nasdaq market site, the largest equity options exchange for melissa lee. these are the traders here in times square. instant riches? start buying stocks. the best quarter in 14 years. the way it began, up. the goal is clear, my friends. find stocks and options that can make you more in the next quarter. let's get into money and find out how sears and bank of america is working s. this a recover or speculation? >> you mentioned bank of america and the way the banks got sold. they started working and that was a bit of a recovery play. the other names like net mix and apple and the things, i think that's kind of bubbly when you consider the market caps gained. the fundamentals haven't changed a lot. feels like a bubble. >> he is saying a great point. this is a company that they supposedly are buying and wil

>> i like tjx and ralph lauren. they have the global growth.around, restructuring going. canada growth. ralph lauren, high end. i like high end. they have great distribution growth coming. >> pete? >> i agree with stephanie. i have been in tjx. i look to lulu lemon. great activity bespite hitting a two-week high. people think this thing will be higher. >> why are you spending so much time at tjx? >> i'm a maxinista, man. >> flat on the year, it looks like treasuries are stumbling. is now time to add credit risk to your portfolio? >> i think so. the only reason this falls off the cliff is if you think we're heading into a recession and the federal reserve will let interest rates rise. it's a high yield bond for a reason. if we do head into a deeper recession, i would be out of this name, for now, pick up the yield. >> john taylor, what about you? >> i think a month. no longer than that. >>> up next, fast fire on a gold trade when we come back. ow this is an rc robotic claw. my high school science teacher made me what i am today. our science te

apple, phillip morris, tjx all topping the list. pete, what's the standout? these names have continued to go higher and higher. i like they're from a cross section of businesses. >> absolutely. when you look at these names, when you look at apple and the performance you've seen and despite the fact it's absolutely exploded to the upside, i mean, just an incredible run year to date. it still remains cheap. they still remain with plenty of catalysts, says you look forward. for those reasons i continue to stick with apple. you're amlso seeing an incredibe amount of options activity in apple that continues to show us maybe there's for upside as far as that's concerned. we've been talking about the tjx story forever. 52 week high after 52 week high. doesn't matter to me. this is a name that's executing, doing everything right. they're in the discount side of the upper end as far as retail goes and their stores, the way they cleaned them up a couple years ago, that's why the company continues to perform. >> patty edwards, you say you can't make yourself buy it outr

gas, buckle, macy's, tjx, ross stores, outstanding numbers across the board. technology stocks, are you tired of apple and microsoft every day? we need a little broader leadership outside of these retail and tech stocks. got to get new names in there in terms of the newghlists. what else was going on here today. i want to show you the pricing that we're going to have tonight for yelp. this has a lot of people interested, because we're expecting 7.2 million shares at 12 to 14. you see that price? it's going to be higher at the open. i hear the deal has already closed and it's oversubscribed. we'll give you more information in just a few minutes on the prospects here. all the other tech stocks that have done well, cloud computing stocks so far this year in the tech space, this is one that's w it does. >> we've got numbers on the first day of trading on various technology stocks that were priced here at the new york stock exchange. we're going to bring you first day of trading, better than 20%, that are priced here at the let's take a closer look at the market ac

take out xerox, get rid of, that and we're going to insert, let's see, how about we buy some tjx?little retail action in there. now, here is another problem. we have at&t and verizon. my charitable trust owns at&t. we can't own both of these. we're going to exit verizon and put in, you wanted to do corning. i can't bless that. i'm not crazy about them. instead, we need oil and gas. so let's pick up some conoco ahead of when they split. and then you will be diversified and still have better yield than what you just mentioned. >> hallelujah! >> no, a little less because we're taking away verizon. let's go to nick in michigan. nick? >> caller: boo-yah, mr. cramer. >> boo-yah to you. >> caller: i hope i'm faring better in my diversified portfolio than i am my brackets for the ncaa tournament. but anyway, here we go. >> okay. my commissioner from my bracket is here. i've frantically been trying to update my brackets. he won't let me go in now as i wanted to take out duke. okay. go ahead. >> caller: yeah, i know. >> the whole country wants to take out duke. can you imagine? the whole co

is about a consumer discretionary name that works so on pullbacks you're lacking at ralph lauren and tjxthose names will continue to work just like large-cap technology. >> on the best performers list, whirlpool is on that list and watching jim's show last night, he had the show of jardon on, a plants-maker. they have grown by acquisition and own from mr. coffey to bicycle cards to coleman. take a look at their multiple. they trade about nine times forward earnings. this is a pretty well-run diversified company. i don't think they are given the multiple they deserve because i think frankly a lot of people are scared that maybe there's sechelttons in the closet. they have been in business long enough to get past that. go take a look at jim's interview. >> speaking of whirlpool, mike, a name you've actively traded throughout the sort of housing run. >> yes. we were in whirlpool where we were long the stock down in the low 40s. did great with it. short it had a little too early. we're shot in the high 60s. the stock is trading up in 76 right now, but we look at whirlpool. it's recovering be

it's like tjx. dsw rocks. it lives. i wish it were discount because then i wouldn't spend so much there. all right. usa on, china off. china is our pocket full of kryptonite, but the u.s., it's lead-lined. from now on, china off, usa on. and stick with cramer. >>> coming up, the vix fix? this market's been enduring whipsaw volatility for years now. we've begun to accept it as the new norm, but could we finally be settling in for a sustained rally, or is there more instability ahead? jim's going off the charts to find out. >>> and later, material world? apple's in the spotlight as the best performing stock in the s&p over the past decade. up next is the one in second place. as worries about a chinese slowdown threaten to bring its growth to a grinding halt, cramer's mining for answers in his exclusive with the ceo of cliffs natural resources. >>> plus, ride the lightning. take a nonstop thrill ride as cramer goes stock after stock. all your calls taken rapid fire on the lightning round. all coming up on "mad money." >>>

that's helping ross stores, tjx and target all beat expectations this month.creases greater than 14%. benefitting from teens trading down from the now aspirational abercrombie & fitch. shares of the buckle trading up nicely. buckle shares up almost 9%. remember walmart no longer reports same store sales but the world's largest retailer announced 38th straight annual dividend increase. shares are taking a bit of a hit, down .5%. tyler. >> thank you very much, courtney. we appreciate that report. housing continues to be a major drag on americans and the economy. new data out today showing despite delays in processing, sales of foreclosed homes are ramping up. so what's this mean for the housing market? diana olick joins us. diana. >> well, tyler, you're right. there are some delays still do exist. but banks are really starting to motor through millions of delinquent loans now. that has led to a rise in foreclosure sales in q-4. that has a direct effect on home prices in neighborhoods like this one across america. in fact we learned today that negative equity ros

it's closer -- this is correspondent to look at this, tjx up 9%. costco, buckle, zumiez.ve warm weather, but approving jobs situation. let me address this question, because melissa brought it up. why is good weather a hindrance, in january, you still have -- by the middle of february, a lot of stores are transitioning to warmer weather, particularly in the south, so the mix changes a bit. there is some logic behind this idea. everybody seems to know this. all the retailers are at new highs. stocks have been huge outperformers, nordstrom's, macy's lowe's tjx, the s&p retail index hit an historic high yesterday, because -- this isn't like today -- the bottom like is -- >> where are we on a multiple on that, too? important thing is there's still a lot of room for top-line growth. >> these guys are champs. american retailers champions managing a tough economy. >> you heard it there. back to you guys. >>> let's check out the latest news in energy and metals, going to sharon epperson. >> definitely a great month for oil, silver, gold, for hard assets across the board, but here

in this sinister colors, peering out from billboards the way that she was portrayed like the eyes of tjx a bird in the great gatsby looking out sort of this has rick said, the kind of believe looking down in as a people, she was vilified. and it was extremely uncomfortable. and so it is my belief that what happened on january 8 that sickening, sickening events was more than just about one young man's mental illness. it had to do with a constellation of forces there were coming together. some of it was this kind of paranoia which rick writes about so eloquently. >> and part of that was just the way gabriel's opponent in 2010 really approach campaigning. seemed to be a lot of pier resentment coming out of that campaign as you would go and make speeches. very little of it seemed based on what one would think of his policy prescriptions for america >> right. i mean, this was not the tucson elections of my youth. and i don't think he was solely responsible. he was acting on sort of a feeling within the body of politics. ims a number of my to some friends about january 8. could you ever fathom

it tjx and ross should benefit as the price conscious consumer looks to the off price channel.e think they'll pick up some of jcpenney's vendors as it looks to narrow down its vendor base. >> what's wrong with kohl's? >> we do a lot of consumer survey work. and we feel that kohl's has not introduced enough new brands into its assortment. at the same time, its peers and most notably macy's has seen significant new introductions where they're rolling out exclusive brands on a continuous basis. so one of the big announcements we've received out of kohl's is that they will really have to step up on pricing and get more aggressive on price in order to win back market share. >> you talk about the sales can disruption. is that a message that ron johnson is somehow going to underdeliver on his performs? because the attention being paid to how he'll do in the early days is incredible. >> absolutely. this is a name where expectations are exceptionally high. the bulls on this story will point to the fact that ron johnson and the new management team can drive positive comp store sales grow

also got lots of new highs, despite the market losses, tjx, the parent of tj maxx, nike, chipotle allng higher. and there's one dow component making that list, and that's ibm, trading at $200 a share. >> the road map for the next 60 minutes, pandora on the rise, versus zynga, find out which internet ipo is the best one now for your money. plus, apple hits yet another milestone. the company boasting 25 billion app downloads to date ahead of its highly-anticipated event in new york on wednesday. find out how soon you could see apple hit 600 according to insiders. and with less than half an hour away from the european close, we'll talk to a top global economist about what's next for markets overseas and what it means to markets here in the united states. then, real estate is a million-dollar market in new york. if not more. million dollar listing will be here with an inside look at the high-stakes world of luxury properties. all of that and more coming up in the third hour of "squawk on the street" this monday morning. >> we're joking before, how a million dollar listing is like a one-be

on the retail front, coach and tjx hitting fresh all time highs today. >> stock below 13,000 on the dowhe nasdaq. both of which, of course, we have achieved during the course of the week. the bulls would love us to close above their later advance decline line. over at nasdaq, energy stocks slightly lower, that's the only sector that stands out so far this friday. >> back to chicago and link in with carl. carl? >> simon, thanks a lot. watching closely what is happening in stock markets today along with rick santelli here on the floor of the cme. good to see you. you say this may have been a bit of a head fake today and even this week, given how it would have been -- it would have made sense for stocks to correct after what bernanke said. >> they had the perfect opportunity to correct when the fed came out and sounded a little less dovish and the stock market chose to ignore that. that's a sign of resilience. what is going to make the stocks go down? every day happens like today, we're down five or six handles and we think this is the day the correction will come and then that invisible b

ross and tjx. i am seeing a lot of michael kors really everywhere in retail.ce again, we'll see if they can laugh that in 2012. >> we're out of time, laura. what is your top pick of the moment? >> i really like williams sonoma which got beaten up after a disappointing holiday report. if they're seeing acceleration out of the holidays which we bet they are i think that's a stock that could perform well over the next few months. >> laura, excellent to see you. >>> treasury prices extending their declines yesterday as the 30-year jumped it tos highest level since september. this after two fed officials pointed out that the economic outlook showed less need for further monetary easing. so is the bull run in bonds over for good? pimco's tony crescenzi will join us. don't forget, today is the day bernanke plays professor. stay with us. they have names like idle time books and panther coffee with free enterprise puns like hugh and crye, and smash records. and one saturday a year small businesses remind a nation of the benefits of shopping small. like the way david ka