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Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cramerica. Other people, my friends, I'm just trying to make you a little bit of money here. My job is not just to entertain, but also to educate, to teach. Call me at 1-800-743- CNBC. Tweet me jim Cramer. The war cannot be ring fenced no matter what we do. I don't want to sugarcoat it. We can't avoid this issue. People are trying to dismiss the impact of the war, or they're trying to see through it, see past it until it's over. They're saying that we've got 20 days of excess oil thanks to the release of global strategic petroleum reserves, including ours as of this evening. And by the time they run out, well, the war will be over. So you better start buying stocks right now because you got to be in before President Trump wraps everything up. Now. Maybe that's why we aren't down more. Despite oil being up 5% today and 50% for the year with the Dow sinking only 289 points. S&P declining 0.08%. Nasdaq actually inching up 0.08%. We are still very close to our highs. Why can't we cordon off Iran and just embrace good ideas? Simple. Without a real exit strategy, we could blow through 20 days worth of oil from our strategic reserves and still be stuck in an asymmetrical standoff with the Iranians. I have to admit to being a little thrown by Secretary of War Hexis yesterday when he talked about sending over, quote, the most fighters, the most bombers, the most strikes, end quote, unquote. At the risk of Embarking on a bit of a history lesson. Hates. This language mimicked President Nixon's rhetoric when at the end of 1972, he unleashed what was known as Operation linebacker to the 11 days of bombing that brought the recalcitrant North Vietnamese to the peace table out of pure fear that we would never stop. That operation was the largest strike of heavy bombers since World War II. We sent 200 B52s, 700 sorties. We, we knocked out military installations, but also rail yards, power plants, communication centers. In both the capital, Hanoi and Haiphong, There was a 24 hour break for Christmas. The North Vietnamese feared that the bombing would never end. I think at that point they thought that we were either too ruthless or too crazy to reckon with. So they agreed to start the peace process. Amazing. Yes, they ultimately prevailed because the American public got tired of our involvement years later. But purely in terms of forcing negotiation, Nixon's strategy really worked. There was just no follow through on the American side. After yesterday's big talk, I thought Hegseth was starting a similar campaign, but I didn't even see or hear about the damage from the most fighters, the most bombers, the most strikes. Did you? So I sense that the Vietnam gamut, which was designed, by the way, by Henry Kissinger, is not in play, despite the very similar rhetoric. In some ways, I'm surprised that Trump isn't doing something similar to Kissinger's bombing campaign. Our government has a goal here, and that goal isn't really unconditional surrender. We've already degraded the vast majority of Iran's military apparatus. The goal now is to gain a cease fire so that we can reopen the Strait of Hormuz and prevent an oil shock from devastating the global economy. At this point, that is a real win. President Trump could claim that he decimated Iran in order to get it. And by the way, we would all go back to normal, assuming he can convince the Iranians to get on board. But short of the brutal Kissinger game plan, I don't see an off ramp. At least this time there are no boots on the ground. Then again, that's why the ball is not in our court. Either the Iranians come to us through an intermediary, perhaps Qatar, and offer terms that let Trump declare victory. Or they hang on. The price of oil stays sky high. The first, sends the stock market soaring. The second, it should be your biggest concern. And it's a powerful negative that will certainly send all our stocks lower. Don't get me wrong. Look, I desperately want to take the President's word and bet that the war is winding down. Maybe he just declares the war is over tomorrow by talking about how there's a possible back general agreement in the works where the Iranians agree not to mess with the strait and will GO Operation Operator Linebacker 3 if they violate a potential truce. But we're not the only ones who have a say in this. Iran has to let the ships pass through the strait or else. Meaningless. Can they really be trusted? That's why I don't think the ring fence works. Even though the stock market would rip to an all time high in a day if Trump made such a declaration without some reason to believe that the war is ending, there's nothing that can stop oil from eventually soaring to $120 and beyond that will bust any ring fence. All bullish bets would be off. The selling in the SB500 futures would be so outrageous that even the stocks of Exxon and Chevron would get crushed simply because they're part of the index. I will do this though. I'll tell you what themes can be bought if oil stabilizes and Iran shows signs of willingness to stop lobbying, protection projectiles and naval traffic. First, you have to like the data center theme. The war is obscuriate right now, but we just got the best verification of this theme strength when Oracle, the data center champ last night reported fantastic set of numbers that indicated its build out is going better than anyone thought. It doesn't need to aggressively raise more money. It doesn't need to fire sales Cerner's medical records division. I was stunned by how smoothly everything's going for them. More of this remarkable Oracle quarter later in the show because it's just too important to ignore. Oracle's fabulous fortune dovetails with next week's GTC event, the annual AI Festival by Nvidia, which we're going to it continues to invest in companies that can help put up more data centers. Today Nvidia announced a $2 billion invest in Nebulous, that's an AI cloud company. That said, this theme can't really shine until the war is over, but it can be bought on the way down. Second theme, the memory shortage. I keep thinking this has got to end, but we got confirmation this week from HP Enterprise that it's going to go on for much longer than people think. However, I can't recommend these memory stocks, even the ones I really like. But Western Digital, they're just too much too high. Western Digital, Seagate, Sanders and Micron Throat. We bought one. A big move down because of oil if we see the $120 oil, those are the four stocks you got to reach for or you go with the semiconductor capital equipment makers that are less risky. Lamb Research and kla. The you can do a mat to apply materials. The memory shortage will ultimately drive lots of businesses their way again though none of these will be real winners until the war ends and decline runs its course. Third theme is the trade downers. There are plenty of people who are being hurt by the new bout of oil shock induced inflation. We got a tame CPI number this morning, but it's. It's from before we attacked Iran, so it doesn't count at all. What does count is that the financially challenged families are moving down to Burlington Ross stores and TJX with its home goods Marshall and TJX Max divisions. The more TJ Maxx, I'm sorry, the more venturesome can buy Dollar Tree or Dollar General, the latter of which reports tomorrow. By the way, I like hold to beauty to the cosmetics retail. That puts tomorrow night. I don't like putting a gun in my head though. But you should buy some of these here and then buy some more after you see the quarter. Finally, you have my blessing right now to buy five below the eccentric eclectic specialty retailer that seems to unite all economic groups, but it caters to the families who don't want to pay an arm and a leg for some flexible fun. Oh, I wish I had more themes, but these are the only ones I know that can be bought. After a run in oil that devastates the stock market even as oil certainly less of a factor to our economy that used to be. It's not enough to minimize it. Here's the bottom line. If Trump channels Kissinger and does something to push Iran towards negotiations, well, we could embrace these three themes sooner than you think. Of course, the price to be paid to get there may be way too much. I know. I thought it was in 1972, but the gambit worked. It could, I imagine, work once again. Let's go to James and Georgia, please.