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The Dow Jones Industrial Average soared 214 points on Monday, and Cramer thinks there’s still plenty of upside left. As long as investors continue to disregard a constant flow of bearish sentiment,then stocks will continue their climb higher.

What’s this negativity of which Cramer speaks? He pointed to five key themes seen in the weekend and Monday’s news, and took the time to counter each one.

Banks won’t be able to pass the “stress test” and that could lead to serious failures in the financial markets. Not true, Cramer said. In fact, Warren Buffett thinks the tests are too hard, which gives Treasury Secretary Geithner a pass. Now he doesn’t have to fail any bank. If Buffett says they’re too hard, then Geithner can lighten up a bit. Cramer guessed that this was the reason Wells Fargo [WFC  Loading...      ()   ] jumped $4.64 today, despite the bank needing more capital and the possibility its debt rating could be downgraded. Many smaller banks also rallied off Buffett’s comments.

Housing’s bottom is still nowhere in sight. Again, this is wrong,Cramer said. The National Association of Realtors show increased year-over-year sales, even in the hardest-hit areas of California and Florida. Cramer thinks that soon nonperforming mortgages will be on the decline, and that will do wonders for banks’ balance sheets.

Obama will use the Chrysler method to nationalize General Motors [GM  Loading...      ()   ] and continue the practice on other U.S. businesses. He’ll also chance the tax code to hurt rich people and American firms hiding money overseas. Nobody in the real world seems to care about this, Cramer said. Plus, GM’s Saturn division is drawing interest from potential buyers, so maybe things are better than we think. Also, Obama focused his attacks on a small group of bankers and hedge funds, and we now know that he stands behind stronger banks like JPMorgan Chase [JPM  Loading...      ()   ] and Goldman Sachs [GS  Loading...      ()   ]. So this anti-capitalist streak people are worried about is less of a concern than before.

Construction-related stocks, such as U.S. Steel [X  Loading...      ()   ], have risen too far, too fast. Cramer doubts this theory, too, because just today we got a great construction number, and Chinese manufacturing is ramping up. Given that news, he said, these stocks are cheap.

Lastly, swine flu is having far smaller an effect that expected. So people who shorted stocks related to this "pandemic," such as the oils, are losing out.

All these fears are overhyped, Cramer said, and the notion that we are in a bear market is a ruse that's kept investors out of this market. Of course, those who watch Mad Money are finding bargain stocks all over the place.

Cramer's charitable trust owns Goldman Sachs, JPMorgan Chase and Wells Fargo.

Call Cramer: 1-800-743-CBNC

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