Hey, I'm Kramer.

Welcome to mad money.

Welcome to Kramer.

I'm just trying to make a little bit of money.

My job.

Not just to entertain, though, but to educate, explain like this like today can happen.

So call me at 100743C with me, Jim Kramer. The hairs are split. The heads are counted. The deal is done. The Fed is cut. On to the next story. It really is like that in this business. Only the media seems to know that it's not. And it's system beating the story to pulp when the old judgment is all the matter. She's got a rate cut. Yay! Here's the only cadence you need to know about a Fed meeting. It goes like this. We have a big event coming up. We think the Fed will cut probably a quarter point. Then we get exactly what we want. And the story has been written. If it's a cut, you buy unless it's the last one. And with this president,

surely isn't. If it's a hike, you sell all but your consistent gross stocks that is. And that's

really all there is to it, even if that seems like the troglodyte's guide to Fed watching.

So with the Fed meeting done and behind us, we can go about our business of buying good stocks

that have been kept down

while we waited for J-Powl to take the Fed funds rate down a quarter point. And that's why

the average is quit fire after the meeting. With the Dow's surging 497 points, S. We jump in 0.67

percent, NASDAQ advancing 0.33 percent. And I don't know, the, the Russell is going nuts.

Now, I know there are lots of questions about the number of dissenters, the real rate of inflation, the exact payroll numbers. There's plenty of handwring about whether inflation is about 3%. Because historically, it's not a great idea to cut rates when inflation remains high. We hear all this fretting about the red-hot AI business. Does it taking jobs or not taking jobs? We divine the narrative of the not-so-hot rest of the economy. Left out the stock buyers,

these things mean nothing if you're going to buy good stocks. They're the questions that reporters

have to ask, and Fed Chief J-PALs feels the answer, but they're not particularly significant

to you and me. Let me tell you the three things that really do matter. First, the Fed's still on

the side of the Bulls because it's still an easy mode, even if the current economic data is unclear.

That means we don't have to fight the Fed when we buy stocks. Second, with the Fed done for the year,

money managers aren't going to fight the tape.

Stocks want to go higher. Money has been held back because there was always a chance that the Fed might not give us a rate. Got it would be a surprise that could really hurt. It didn't happen, though. So the floodgates are now open, and there's a jailbreak of cash going into the market. Thank you to the late great Marty's Wig, a whiz of a strategist who explained the twin concepts of don't fight the Fed and don't fight the tape. And the inverse when you get it, we've got it. Third, when Pout cuts short-term rates, long-term rates actually fell. Now, there's only one ultimate judge here of the Fed's actions, and that's the bond market. When the Fed started cutting way back in the fall of last year, the bond market rebelled and long-grade splint higher, which was very bad for the market.

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