Plenty of Wall Street watchers were worried about the Federal Reserve on Wednesday, and of course, Jim Cramer was there to set the record straight.
The Fed announced that it would end its quantitative easing program on Wednesday, and in return people sold their stocks.
Yes, there are always some jitters about what the Federal Reserve will do. But we all knew this would happen eventually, and the market quick reaction should not be a surprise. But then again, that is the problem.
"There's always some knucklehead who didn't expect the most widely telegraphed Fed action in recent memory to actually happen, and that's the source of today's lunacy," Cramer said.
The market is just not as dangerous out there as it seems, the "Mad Money" host said.
Stocks that Cramer picks are not going to be affected as much by the Fed bubble bursting. He often picks stocks that have taken into account the Federal Reserve, and thus won't have their profits impacted.
Along with Wednesday being a game-changing day at the Fed, it was also a big day for Hewlett-Packard (HPQ). The "Mad Money" host spoke with Dion Weisler, the current executive vice president of Hewlett-Packard's printing and personal system business who will soon become the CEO of HP Inc.
Though the split previously announced in October is far from being completed, there is already big news in the pipeline for Hewlett-Packard. Dion announced that the company has come up with its own 3-D printing ecosystem, along with a new computing platform designed to create an easier hands-on experience called Sprout.
Cramer thinks this is a game-changer, and so does Dion.
"It is those three things combined together, that really makes this revolutionary. This could quite possibly be the trigger for the next industrial revolution. I think that is profound," added Dion.