Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
NEW YORK ( TheStreet) -- It's time to look at this market as a glass half full, Jim Cramer said on "Mad Money" Monday. Cramer outlined a number of what he called silver linings in this quarter's earnings that the naysayers seem to be largely ignoring.
The current trend toward negativity is nothing new, Cramer said. He recounted the months that followed the market crash in 1987. Back then, he noted, every rally was met with skepticism and today's market is no different. But just as it was wrong to give up and go home in 1988, it would be equally foolish to give up today.
The markets still operate on the law of supply and demand, Cramer reminded viewers, which is why now that many of the sellers are drying up, even the laggards are seeing their stocks rally. That's certainly the case with Caterpillar (CAT), said Cramer, as that company's stock barely flinched after yet another disappointing quarter. The same pattern was seen in McDonald's (MCD), Merck (MRK) and Microsoft (MSFT), three stocks that are all trending higher even after lackluster earnings.The naysayers in Walt Disney (DIS) have been shaken out, as have most of those betting against Wal-Mart (WMT) and others, noted Cramer. That's why investors should pay attention to these silver linings, but they simply don't happen in a bear market.