Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
The problem with today was there wasn't enough positive news to feed the bull, Cramer continued. J.M. Smucker (SJM - Get Report) posted a monster quarter that sent its shares up 8%, but that was a special case with little pin action to trade on.
There was also the implosion of Restoration Hardware (RH - Get Report) , which through a myriad of mistakes, saw its shares fall 21%. Trades took down Williams-Sonoma (WSM - Get Report) in response, but Cramer said that was the only pin action he saw on that story.
That left traders with only macro themes to trade on. Oil declined today, but Cramer noted that traders will likely wait for tomorrow's rig count numbers before making a move on oil.
Beyond that, Cramer was bullish on Honeywell (HON - Get Report) and Johnson & Johnson (JNJ - Get Report) , on the weakening U.S. dollar and Lululemon Athletica (LULU - Get Report) and Ralph Lauren (RL - Get Report) , which are bucking the retail trend.
Executive Decision: Ambarish Mitra
For his "Executive Decision" segment, Cramer sat down with Ambarish Mitra, founder and CEO of the privately held Blippar, which came in at number nine on CNBC's "Disruptor 50" list of innovative companies.
Mitra explained that Blippar is a smart phone application that's all about discovery. Simply point your phone at an item and Blippar will instantly identify it and not only provide information about it, but also about the many things that are related to that item.
Mitra said that Blippar is a learning tool that works in the same way as the human mind, making connections that let the user explore how objects fit into the world, all in a visual format.
When asked about how Blippar works, Mitra explained that the app has indexed a multitude of open source databases and is always learnings what things are related to other things.
Is George Soros Right?
The news is out, and billionaire George Soros is negative on the stock market and prefers gold. That means it's time to sell everything. Or is it?
Cramer reminded viewers that you only need to get rich once, and once you are rich your priorities change. The rich are different from you and me, he said, and while gold should indeed be part of everyone's portfolio, he's not nearly as bearish on stocks as Soros.
The fact is that Soros doesn't run your money, you do. When Soros changes his mind, you won't get the memo. Don't be blinded by billionaires, Cramer said. You must do your own homework and make the decisions that are right for you.
Off the Tape
In his "Off the Tape" segment, Cramer sat down with Amit Pandi, CEO of the privately held Arctic Zero, makers of ice cream alternatives for those with dietary restrictions.
Pandi said everyone loves ice cream but not everyone can eat it. Arctic Zero rectifies that problem by blending whey and fiber with natural sweeteners using a proprietary process that closely emulates ice cream.
Pandi said Arctic Zero products can be found at retailers including Whole Foods Market (WFM) and Walmart (WMT - Get Report) , but many people have simply given up on the category and need to rediscover what's possible.
Arctic Zero is now six years old, Pandi continued, and is completely self funded with no venture or outside capital. The company has 20 products on the market, with even more flavors coming soon.
In the Lightning Round, Cramer was bullish on Lowe's (LOW - Get Report) , Nvidia (NVDA - Get Report) , A.O. Smith (AOS - Get Report) , LAM Research (LRCX - Get Report) , Integrated Device Technology (IDTI - Get Report) , Travelers Companies (TRV - Get Report) and Chubb (CB - Get Report) .
Cramer was bearish on Lumber Liquidators (LL - Get Report) , Western Digital (WDC - Get Report) , Micron Technology (MU - Get Report) , KEYW Holding (KEYW - Get Report) , Cal-Maine Foods (CALM - Get Report) , MetLife (MET - Get Report) and Chemours (CC - Get Report) .
Am I Diversified?
In the "Am I Diversified" segment, Cramer spoke with callers and responded to tweets sent via Twitter to @JimCramer to see if investors' portfolios have what it takes for today's markets.
Cramer said while this portfolio was diversified, it has too much risk. He suggested selling Vale, Sprint and Groupon and adding Randgold Resources, Verizon (VZ - Get Report) and Bristol-Myers Squibb (BMY - Get Report) .
Cramer suggested a number of changes. He said Jabil should be replaced with Flextronics (FLEX - Get Report) , JetBlue with Southwest Airlines (LUV - Get Report) , Dana with Bristol-Myers and Supervalu with Whole Foods.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.