With stocks at new highs, one strategist pointed out that even if equities went into a "bear market"—which he's not predicting—they'd still be higher than last year's June lows.
As the markets hit all-time highs,Cramer sees an injection of confidence in the market and thinks it would be difficult for retail investors to get out of equities at this point.
While large-cap stocks continue to flirt with new all-time highs, small-caps stocks are already there — with potential for even more upside in 2013 as M&A heats up.
Apple CEO Tim Cook still thinks David Einhorn's lawsuit against the company is a "silly sideshow" but is "seriously considering" returning cash to shareholders.