If there's one thing you watch today, make it this

If you watch one thing today make it this
If you watch one thing today make it this   

The bull has been waiting on the sidelines all year, and it has finally arrived. Jim Cramer sees things going right all around him, which is how the Dow and the S&P have both rallied to record levels recently. In fact, he was so excited that Cramer even did his best impression of Janet Yellen on the show—it was not to be missed.

The market smells like a bull, and it sure is acting like a bull. Sure enough, Cramer says it is a bull!

"In a bull market things go right. That's just what happens. Worries get squashed, objections get rebutted and fears are quelled," said Cramer.

Take this textbook bull case: Cracker Barrel. Last week, Cramer said that Cracker Barrel would blow away the numbers because lower gas prices have turned consumers to traveling by car. Cracker's link to the interstate highway system would give them a unique advantage.

Sure enough, it rocked the quarter, citing the benefit of serving as a convenient place to stop for travelers.

Then there was the Fed Chief Janet Yellen on Tuesday. Previously, investors would have waited and held their breath for the Fed to drop big news and cause the market to violently swing. But Yellen? She was a different story.

Cramer saw that Yellen came, said nothing, and conquered. "Believe me, that only happens when the bullish stars are aligned and Ursa Major gets obliterated by Taurus."

So when things go right in a bull market, stocks go up. And when they don't go right, investors find reasons to cheer and buy stocks anyways.

Read MoreCramer: Looks and smells like a bull? It is a bull

Jim Cramer Mad Money
Source: CNBC

However, with a bull market there is a fine line between healthy market skepticism and disbelief. Unfortunately, Cramer is seeing such a large amount of incredulous attitude that he's ready to give investors a reality check.

"There is a huge difference between being skeptical, which is constructive, and simply refusing to accept facts that are staring you right in the face, which can be incredibly destructive to your portfolio," said the "Mad Money" host.

Especially when it comes to the insanely awesome numbers announced in the retail and restaurant sectors. Could they be too good to be true? Could Home Depot really post 8 percent sales growth or 11 percent from Domino's Pizza?

Yes. It really happened.

But what really concerns Cramer is that the general reaction he keeps hearing is one of disbelief. That the consumer can't really be doing so well and this has to be unsustainable. That any minute Yellen is going to say something that will wipe it all away.

Cramer calls that mindset "close-minded incredulity."

"That's what skepticism sounds like. I throw all of these questions out there because they're what people should be asking instead of saying 'I can't believe it'…That kind of amateurish analysis has become commonplace, and I'm sick of it," said Cramer.

Read More Cramer: Healthy skepticism for Yellen makes money

On Tuesday morning Domino's Pizza reported, and headlines everywhere reported that the company missed earnings estimates. However, Cramer had his skeptic hat on and doesn't believe what he sees.

Domino's is the world's second largest pizza chain, with more than 11,000 locations in more than 70 countries. It is more than just a food company though, with some of the best technology available to provide customers with a seamless ordering experience.

Cramer started recommending this stock about five years ago, and since then, it has provided a return of more than 1,000 percent, including special dividends.

With the announcement from Wal-Mart that it will be increasing wages for its employees, will Domino's feel the heat as well? Cramer spoke with Domino's Pizza CEO Patrick Doyle to find out what the decision could mean for the company.

"Over 90 percent of our franchisees started as hourly workers. Our drivers on average are making more than the $10 that Wal-Mart was talking about, with their tips. I think the best news is that you start to get some wage pressure, because that means the economy is doing better," Doyle said.

Another stock that ran up into the quarter, and is still onfire is Fiesta Restaurant Group. This is the company that owns the fast growing Pollo Tropical and Taco Cabana that populate the Texas, Florida and Southeast region of the U.S.

Cramer first recommended this stock back in July 2014,and since that time it has shot up more than 47 percent. Fiesta reported last week, and delivered a 3 cent earnings beat from a 31 cent basis, higher than expected revenues and same-store-sales growth of 7.7 percent at Pollo Tropical and 6.1 percent at Taco Cabana. Wowzer!

With the growing popularity of Latin food, can Fiesta continue its growth fairy tale into the future?

"High tides raise all boats, certainly. I think gas prices are having a positive impact on sales in the industry by and large. I think that solid performers are going to perform very, very well," said Taft.

Just because a stock has already gone for a run though, doesn't mean that you've missed the boat. Cramer says not to be afraid of them! There could be plenty more opportunity ahead.

In a market environment that is reaching new highs on a daily basis, Cramer thinks that as long as the fundamentals keep improving, a high-quality stock should, too.

To confirm his suspicions he turned to Tim Collins, a technician and colleague of Cramer's at RealMoney.com. Collins took a look at both Mastercard and Under Armour, two stocks flirting with all-time highs and could go even higher.

"MasterCard and its vicious competitor Visa are two of the best run companies in America, and I think both are headed much higher as the world continues to morph from paper to plastic and China tantalizes down the road," Cramer said.

Read More Cramer: Bullish flag on the charts for this stock

In the Lightning Round, Cramer gave his take on a few caller favorite stocks:

Boulder Brands: "No. When we speak of organic and natural we speak of WhiteWave and we speak of Hain Celestial, and thirdly we speak of Whole Foods. Those are my plays."

Informatica Corporation: "That's a very good company. I don't want you to sell that company, and someone like an Oracle should buy them. Oracle might get mad at me but I think they should buy them."

Read MoreLightning Round: This stock is just horrendous