The Bullish Take

This market wants to go higher. You can tell when you see derivatives to the oil complex -- Monsanto (MON - commentary - Cramer's Take), Peabody Energy (BTU - commentary - Cramer's Take), Foster Wheeler (FWLT - commentary - Cramer's Take), to use the best examples, but you could have said Deere (DE - commentary - Cramer's Take), Fluor (FLR - commentary - Cramer's Take) and Arch (ACI - commentary - Cramer's Take), just to give you the depths of the move. Let me throw in Terra Nitrogen (TNH - commentary - Cramer's Take), Agrium (AGU - commentary - Cramer's Take) and Mosaic (MOS - commentary - Cramer's Take) -- despite the Archer Daniels (ADM - commentary - Cramer's Take) shortfall.

You can tell when Kraft (KFT - commentary - Cramer's Take) gets shrugged off despite weakness in liquids and snacks. Pepsi's (PEP - commentary - Cramer's Take) up!

You can tell in retail, as Wal-Mart's (WMT - commentary - Cramer's Take) barely down off of Costco (COST - commentary - Cramer's Take) -- I bet it comes up.

How about the fact that we aren't extrapolating any of the Textron (TXT - commentary - Cramer's Take) weakness to either the industrials or the financials?

Or how about how Goldman Sachs (GS - commentary - Cramer's Take) is talking about how to give back TARP money. (Why not? You take more of it, you get your pay cut to the price of a New York City law firm associate!)

How about how the market shrugs off the Lilly (LLY - commentary - Cramer's Take) approval of a Plavix killer -- bread-and-butter for Bristol (BMY - commentary - Cramer's Take) --and takes up BMY anyway!

Or how we are willing to jump the gun on Cisco's (CSCO - commentary - Cramer's Take) earnings?

Or that we dismiss Disney (DIS - commentary - Cramer's Take) as an outlier.

And how we at last relate China to minerals and we take them all up, but especially happy-chart Freeport-McMoRan (FCX - commentary - Cramer's Take)! We know that people are also finally relating the Baltic Bulk Freight Index's massive jump overnight to the minerals that get shipped!

Bullish.

At the time of publication, Cramer was long Wal-Mart, Foster Wheeler, Freeport-McMoRan, Pepsi, Goldman Sachs, Bristol-Myers and Cisco.

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