Jim Cramer on Oil Prices and the Market Rally

In January and February people were running away from the market, but things have changed with oil moving higher and the Fed on the sidelines, says TheStreet's Jim Cramer. He said there is the possibility that earnings could be stronger in the second half now that these market positives are falling into place. Cramer said the transports like the rails and airlines are driving the market and that is healthy in his view and can take out a lot of the highs.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.