Right now there are so many amazing things happening in the market, Jim Cramer's mind is blown. Yet, all of these individual events are going unnoticed because there are larger themes overshadowing them.
"These are individual events that seem one off, but they serve to remind you that good things can happen to stocks regardless of how the averages—good or bad—fare on a given day," the "Mad Money" host said.
One example was Wednesday morning's stunning deal where Ace, a very acquisitive insurance company, gobbled up Chubb. Cramer loves this $28 billion cash-and-stock deal, as he considers Chubb to be one of the premier insurance brands out there.
Normally, Cramer would expect the acquirer, Ace, to be down in the market. However, instead it skyrocketed $4 and stayed up for most of the day because not only is it taking over the Chubb name, but Chubb now gets to change its domicile to Switzerland, with the Ace headquarters.
"Congratulations to Mr. Greenberg for creating an insurance colossus that I think could make fortunes for its shareholders for years to come. It's a buy," Cramer said.