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NEW YORK (

TheStreet

) -- The market continues to move higher despite the fact it is loathed by individual investors, Jim Cramer told viewers of his

"Mad Money"

TV show Tuesday.

Cramer came up with seven reasons to explain this phenomenon.

No. 1. CEOs continue to deliver good news. Cramer said American CEOs are terrific and keep delivering great quarters with upside surprises and great guidance for the future.

No. 2. Negative news surrounding housing is off base. Cramer said the Case-Shiller Index today revealed what he's known all along: Home prices are rising, and despite media reports, the bottom in housing was a year ago.

No. 3. There is a sentiment that things will improve after the elections. Cramer said the markets are anticipating certainty after November, and that's making hedge funds cover their short positions early.

No. 4. European banks didn't go broke. After all of the forecasts of doom and gloom earlier this year, the European banks are raising capital and are indeed, still standing.

Nol 5. Compared to the U.S., the rest of the world is strong. Cramer said listen to just about any conference call and the common theme is that the recovery is well underway around the globe.

No. 6. The

Federal Reserve

knows what needs to happen to keep the economy strong. Cramer said you can't fight the Fed, and chairman Ben Bernanke knows what he's doing.

7. Money managers realize where money can be made. Cramer said money managers see that high-paying dividend stocks are a better bet than bonds, and the money is beginning to move in that direction. "Sell your bonds," he said.

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Cramer said the bad news isn't as bad as we think, the good news is better than the think, our CEOs and Federal Reserve are doing the right things and the rest of the world is perking up. "If you rub enough stones together, you'll eventually get some sparks," he concluded.

Linux Magic

In the "Executive Decision" segment, Cramer spoke with Jim Whitehurst, president and CEO of

Red Hat

(RHT) - Get Red Hat, Inc. Report

, the world's leading provider of the Linux operating system to businesses and enterprise.

Whitehurst said that Red Hat's biggest obstacle is overcoming inertia, where businesses get familiar with a product and tend to stick with it rather than looking for better options. He said in reality, Linux is faster, cheaper and more reliable than any other operating system.

Whitehurst said typically businesses discover Red Hat when they're upgrading their server hardware, and require an operating system for mission critical applications that never goes down. He said that over half of the world's equity trading is now done on Red Hat for that reason.

For individuals looking to use Red Hat, Whitehurst said they can turn to

www.fedora.org

for the company's free version of their software.

When asked about analysts concerned over the company's cash flow, Whitehurst said that cash flow is not a good metric for the company, as more cash is tied up the more the company grows. He said that operating cash flow understates Red Hat's performance, and the company is growing at 25% a year, although it still only represents less than 20% of all server operating systems.

Cramer said he's been too enamored with

Salesforce.com

(CRM) - Get salesforce.com, inc. Report

, and has been ignoring how good Red Hat actually is.

Stock on Fire

In the "Off The Charts" segment, Cramer went head to head with colleague Dan Fitzpatrick over the chart of

Cirrus Logic

(CRUS) - Get Cirrus Logic, Inc. Report

a stock that's been on the move this year. However, he wondere whether investors missed the move.

According to Fitzpatrick, the weekly chart of Cirrus shows the stock broke out of its bullish trend in May, and accelerated even higher. While late-stage buying is often a negative, Fitzpatrick noted the volume was strong during this period, meaning institutional buyers were at work.

The daily chart showed that Cirrus' 50-day moving average, which had been support for the stock, turned into resistance in August as the stock took a breather. This would have been bad news for Cirrus had the stock not finally broken past that resistance today. Fitzpatrick said Cirrus is poised for another move higher.

Cramer agreed, saying the sky's the limit for Cirrus, a company which gets 34% of its revenue from

Apple

(AAPL) - Get Apple Inc. Report

, a stock which he owns for his charitable trust,

Action Alerts PLUS.

Cramer said Cirrus is moving into more smartphones next year, and the company's energy management chips are also on fire. Trading at just 11.6 times earnings, Cramer said the stock of Cirrus could double and still not be expensive given its 20% growth rate.

Mad Mail

Cramer made a change to his "Wall of Shame" list of the worst CEOs by removing Robert Fornaro, CEO of

AirTran Holdings

( AAI). Cramer said it's never too late for redemption, and by selling AirTran to

Southwest Airlines

(LUV) - Get Southwest Airlines Co. Report

for a 61% premium, Fornaro doesn't deserve to be on the wall any longer.

Cramer also told a viewer that improving credit losses are what will help regional banks like

New York Bank

( NYB) head higher and that he likes Chinese search giant

Baidu

(BIDU) - Get Baidu Inc. Report

because its financials look like an American company, which makes comparing it to

Google

(GOOG) - Get Alphabet Inc. Class C Report

easier.

Finally, when asked where a possible takeover of chipmaker

Advanced Micro Devices

(AMD) - Get Advanced Micro Devices, Inc. Report

by

Oracle

(ORCL) - Get Oracle Corporation Report

makes AMD a buy, Cramer said absolutely not. He said that AMD has the bad fundamentals, and he'd steer clear.

Lightning Round

Cramer was bullish on

McMoRan Exploration

(MMR)

,

Xerox

(XRX) - Get Xerox Holdings Corporation Report

,

Union Pacific

(UNP) - Get Union Pacific Corporation Report

,

Transocean

(RIG) - Get Transocean Ltd. Report

and

Schlumberger

(SLB) - Get Schlumberger NV Report

.

He was bearish on

Clean Energy Fuels

(CLNE) - Get Clean Energy Fuels Corp. Report

.

Closing Comments

Cramer said that upbeat guidance from

Hewlett-Packard

(HPQ) - Get HP Inc. Report

makes him think semiconductors like

Xilinx

(XLNX) - Get Xilinx, Inc. Report

may be worth looking into.

--Written by Scott Rutt in Washington, D.C.

To contact the writer of this article, click here:

Scott Rutt.

To follow the writer on Twitter, go to

http://twitter.com/scottrutt.

To submit a news tip, send an email to:

tips@thestreet.com.

To watch replays of Cramer's video segments, visit the Mad Moneypage on CNBC

.

Want more Cramer? Check out Jim's rules and commandments forinvesting from his latest book by

clicking here.

For more of Cramer's insights during the Lightning Round, clickhere

.

At the time of publication, Cramer was long Apple.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.