Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

Why is this market so hard to kill? That was the question Jim Cramer posed to his Mad Money viewers Tuesday, after a sharp decline at the open saw the markets roar back to even by the close. Cramer then detailed all of the negative news the market had to endure.

First: Valeant Pharmaceuticals (VRX) , the drug maker that has seen its shares decline from highs near $263 last year to just $69 before today when they plunged an additional 51% to just $35. With just about every major political candidate taking shots at the drug industry, Cramer said he was surprised there wasn't more damage done to the overall sector.

Then there were the scary retail sales numbers. Not only did February retail sales decline but there was a downward revision in January's retail sales to -0.4% from 2%. Oil prices were another downward drag on the markets as crude continues to slip from its recent highs.

Add to all of that continued weakness in Europe and a looming Federal Reserve meeting Wednesday and the market should've gone down and stay down, Cramer said. But it didn't.

Despite all of the negatives, Cramer said there have also been a parade of positives, including a takeover bid for The Fresh Market (TFM) , news of positive iPhone sales and other retail earnings surprises.

Cramer concluded that buyers should continue to be cautious but it's clear the trend isn't as bad as many people have feared.

Executive Decision: Matt Ouimet

For his "Executive Decision" segment, Cramer sat down with Matt Ouimet, president and CEO of Cedar Fair (FUN) , the amusement park operator with 14 parks across the country. Shares of Cedar Fair currently sport a 5.8% yield.

Ouimet said Cedar Fair continues to see consumers prioritizing experiences over possessions. He said the trend has expanded well beyond just the younger millennial patrons. Consumers are also becoming more social, which is why Cedar Fair is adding WiFi to all of its parks and allowing guests to share their ride photos on social media instantly.

In addition, Cedar Fair is teaming up with the gaming industry to create game-focused ride experiences. Ouimet said it used to be there were only movie tie-ins, but now that gaming is bigger than movies it only makes sense to expand with partners like Electronic Arts (ERTS) .

Ouimet added there have been no new parks opened in the U.S. in over 40 years, but Cedar Fair is fortunate enough to have over 1,300 acres adjacent to their parks where they can still expand. He also noted that Cedar Fair remains committed to their dividend and growing their distribution.

If you liked this article you might like

Follow the Crucial '$20 Level Rule' When Trading Stocks

$20 Should Be Your Cutoff Point

Short the Stocks That Fall Below $20

One of the Most Recognized Hedge Fund Managers Has Had a Terrible Year

Beleaguered Hedge Fund Titan Bill Ackman Is Having Another Rough Year