Jim Cramer: Stock Market Action Tuesday Is 'Kind of What You Want'

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Stocks on Tuesday, March 2 lost the steam of the Monday rally with all three major indices in the red.

"Stocks closed Monday with significant gains and the S&P 500 rose 2.38% as a selloff in Treasury bonds eased and the U.S. approved Johnson & Johnson’s one-shot COVID-19 vaccine," wrote TheStreet's Joe Woelfel.

"I think we have to accept the fact that we were up so much yesterday that this is actually kind of what you want," Jim Cramer noted. 

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