"Look, one of the things that we've got to get away from is the notion that the last company that has spoken controls the market," said Jim Cramer on Friday's 'Stop Trading!' segment on CNBC.

"There's been a plethora of really pretty good earnings," he said. "You can't just take it all back because of a company like Microsoft ( MSFT)."

For example, he said American Express ( AXP) "wasn't bad," and he was surprised that people thought otherwise.

As for Amazon ( AMZN), he said that while some of its product lines were "bad," there was also the Zappos acquisition, and he considers the company a "virtual mall."

He maintained that Apple ( AAPL) is headed to $200 and said that Wynn Resorts ( WYNN) "is starting to really show its true strength."

"Good Nasdaq stocks" such as Apple and Wynn "do not get knocked down by so-called bad Nasdaq stocks like Microsoft and suddenly Amazon," Cramer said.

As for Google ( GOOG), he said it's selling at 19 times his estimate for next year. "This is still a great growth company," he said, and will benefit from an advertising comeback