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NEW YORK (TheStreet) -- The negatives may have finally caught up with us, Jim Cramer admitted to his Mad Money viewers Tuesday. Cramer said many of the market's tailwinds have turned into headwinds but he's hoping the companies yet to report this quarter will tell us otherwise.

To be clear, Cramer said he still likes the markets overall. Interest rates remain low, many companies have good growth and activist investors are creating wins for investors everywhere you look. There's been real strength in the drug and biotech group, and even Twitter (TWTR) - Get Twitter, Inc. Report was able to surprise to the upside, Cramer continued.

But there are many trends in the markets that appear to be losing traction. The housing market continues to cool, Cramer noted, while downgrades at many aerospace companies seem to be sticking. The auto cycle also appears to be losing steam and the red-hot oil drillers are seeing their stocks slumping. Interest rates continue to fall, which hurts the banks, while insurers, such as Aetna (AET) today, are also being hammered.

With so many trends pausing all at once, it's hard not to be more cautious, Cramer concluded. What the markets need is for companies to tell us that things aren't as bad as they appear. If they can do that, the markets will head higher. But if not, then stock prices are just too high.

Executive Decision: David Steiner

For his "Executive Decision" segment, Cramer once again spoke with David Steiner, president and CEO of Waste Management (WM) - Get Waste Management, Inc. Report, which today announced an earnings beat of 1 cent a share, along with an accelerated $600 million share buyback program and the sale of its waste-to-energy business for $1.94 billion. Shares of Waste Management currently yield a respectable 3.4%.

Steiner explained the company's waste-to-energy business was actually two businesses in one. Waste Management will still supply waste on the front end of the business, but it has now an excellent partner managing the electricity on the back end of the business.

Steiner said the sale will allow Waste Management to focus on trash collection and processing, servicing customers better and growing volumes as the economy improves.

When asked about America's tax policies, Steiner said Waste Management paid a hefty 44% in taxes this quarter. He said America has to pass comprehensive corporate tax reform if it ever expects to become competitive and have companies reinvest their foreign earnings back into America where they belong.

Finally, when asked about natural gas, Steiner said he encourages any company with a fleet of vehicles to convert to natural gas. He said customers love it, the planet loves it and the savings will flow right to your bottom line.

Cramer commended Steiner for being one of his "bankable" CEOs who is always looking out for shareholders. He said this stock is not done going higher.

One Crazy Chicken

Is the highly successful initial public offering of El Pollo Loco (LOCO) - Get El Pollo Loco Holdings Inc Report evidence that a top in the markets is close at hand? Not in the least, Cramer said.

After popping 60% on its first day of trading Friday, shares of El Pollo Loco continued surging another 43% Monday before finally giving up some of its gains in today's session. Cramer said that's because El Pollo's IPO was engineered as a sliver deal, purposely offering too few shares to ensure prices rose in the open market.

But that's not the only reason, Cramer continued. Compared to the recent GoPro (GPRO) - Get GoPro, Inc. Class A Report IPO, El Pollo's surge is not all that different. Both companies are profitable, both companies have cult followings and both companies have lots of room to grow their business. In the case of El Pollo Loco, management estimates its 400 restaurants could ultimately balloon to 2,300 locations across the country.

Make no mistake, Cramer said, El Pollo is indeed speculative. But if the company is able to execute and become the next Chipotle Mexican Grill (CMG) - Get Chipotle Mexican Grill, Inc. Report, perhaps its current valuation isn't that far-fetched after all.

Executive Decision: John Faraci

In his second "Executive Decision" segment, Cramer sat down with John Faraci, chairman and CEO of International Paper (IP) - Get International Paper Company Report, a stock that's delivered a 160% return since Cramer first recommended it in September 2009.

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Faraci responded to questions about converting some of the companay's assets into a master limited partnership by saying  International Paper is open to all shareholder ideas. That said, he noted that moving to a MLP is a complicated process that requires IRS approval and, to date, no containerboard company has ever gotten such an approval.

Turning to IP's current business, Faraci said that the food service business posted record revenue in the quarter as more businesses and consumers make the switch from plastic back to the more eco-friendly paper.

Looking overseas, Faraci noted IP has two businesses inside Russia, but so far the company has not been affected by the unrest there. As for emerging markets, Faraci said things have been slowing in those parts of the world.

Cramer said that he still likes the International Paper story and there are a lot of things still going right for the company.

Lightning Round

In the Lightning Round, Cramer was bullish on United States Steel (X) - Get United States Steel Corporation Report, Nucor (NUE) - Get Nucor Corporation Report, Williams Companies (WMB) - Get Williams Companies, Inc. Report, Diamondback Energy (FANG) - Get Diamondback Energy, Inc. Report and SandRidge Energy (SD) - Get SandRidge Energy, Inc. Report.

Cramer was bearish on Peabody Energy (BTU) - Get Peabody Energy Corporation Report and MannKind (MNKD) - Get MannKind Corporation Report.

Executive Decision: Martin Richenhagen

For his final "Executive Decision" segment, Cramer sat down with Martin Richenhagen, chairman, president and CEO of Agco (AGCO) - Get AGCO Corporation Report, the farm equipment supplier that today delivered an earnings beat of 8 cents a share, but on weaker-than-expected revenue with downside guidance for the year, news that sent shares down 4.77%.

Richenhagen said weakness in the quarter is not indicative of a larger problem, but more of a pause after several record years in a row. He said the fundamentals remain strong overall.

When asked for specifics, Richenhagen noted that sales in the U.S. remain strong, as do sales in parts of Europe such as England and Spain. Other parts of Europe, however, including Germany and France, remain sluggish, he noted. In Brazil, sales were not as bad as expected because much of the country took a pause for World Cup soccer.

Turning to Ukraine and Russia, Richenhagen said sales remain better than expected in Ukraine, but Russia remains slow and sanctions may affect Agco going forward.

Cramer said the agriculture business is a tough one but it's also one that can snap back.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

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

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At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.