Cramer's 'Mad Money' Recap: Rally on Solid Ground (Final)

Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com.

---

NEW YORK (TheStreet) -- "You just can't keep this market down," Jim Cramer told the viewers of his "Mad Money" TV show Thursday, especially on days when so many things are going right.

Cramer returned to his "rally Requirements" checklist of the seven points that needed to happen before the markets could endure a sustained rally. He said in just the last few days alone, he's been able to put a few more checks onto that list.

With the news that BP (BP) may finally be able to stem the flow of oil into the Gulf, Cramer said "oil spill resolution" can now be checked. And he crossed off the financial reforms bill, which finally passed the Senate.

Cramer also reaffirmed that "Spanish bank stabilization" and "euro stabilization" are also off the list, thanks in part to a successful bond auction in Spain. That leaves only "lower unemployment" as the final item on the list that has yet to happen.

But Cramer went on further to say that today something truly unexpected happened, and that was the truce between the Securities and Exchange Commission and Goldman Sachs (GS), a stock which Cramer owns for his charitable trust, Action Alerts PLUS.

Cramer said the relatively small fine, along with no admission of guilt, is being seen by many on Wall Street as an olive branch from Washington to the business world. He said this single act has removed a lot of uncertainty on Wall Street, which may eventually lead to more hiring.