Developments in the tech sector have impressed Cramer. And that's not easy to do. In fact, he's so impressed, he's putting money to work in the sector for his charitable trust.
"Not only was Wednesday a good day for the market, it was a fabulous day for technology stocks, and it might be the first of many.," he said.
The Mad Money first cited earnings from Ciena, a global supplier of telecommunications networking equipment, which beat estimates with revenue surging 13.56% to $538.4 million from the year-earlier quarter..
"The Ciena news suggests to me that JDSU, Infinera and even Alcatel-Lucent all belong on the radar. That's how strong this cycle could be, given that T-Mobile, Sprint and AT&T are now all trying to catch up to Verizon in building out their networks," he said.
Comments from Cramer were even relatively bullish on Apple.
"We got an estimate bump up, not a cut, but an estimate increase for Apple, as well as a new recommendation. It looks like Apple's slumber is over," he said.