The market on Thursday was so wild and out of control, Jim Cramer was surprised it even did anything. There were so many wildcards floating around at this point, investors are perplexed.
The first wildcard is the Iranian nuclear deal. There are so many investors' questions swirling around at this point, Cramer just wants to see a decision made. Is it good for the economy? Will Iran flood the world with oil when sanctions are removed? Will it sponsor fewer terrorist groups, or does this mean nothing at all?
"To me when I see these situations I always think that the conclusion, even a bad conclusion, eliminates uncertainty," the "Mad Money" host said.
Thus, any sort of an agreement would indicate to Cramer that the world is a more certain place. And if the world is a more certain place, he is more inclined to buy stocks then sell them.
"Yes, I'm saying this deal is good news," Cramer added.
In his perspective, the country is not at risk of Iran flooding the world with oil to cause the smaller oil and drilling companies from collapsing. The good news is that these companies have plenty of cash and opportunities to raise money if needed. Thus, the Iranian deal is a net positive from Wall Street's point of view.