Sometimes, the market wants to go lower, and nothing will stop it. But Jim Cramer reminded investors not to let fear obscure the concrete positives that are happening right under their noses.
As soon as Cramer learned that North Korea claimed that it detonated a hydrogen bomb on Tuesday night, he knew Wednesday would be a difficult trading session.
The markets always have a hard time factoring in potential nuclear catastrophes. The combination of the unknown and inherently irrational North Korean government and thermo-nuclear weaponry is the complete opposite of reassurance for investors.
But is that a reason to sell stocks?
Cramer was shocked when the U.S. stock market was eviscerated, while the South Korean market — the country that really should be worried — seemed to take the whole thing in stride, dropping only about 1 percent on the news before rallying and closing almost unchanged.
"There is no universe where we should be down more than South Korea on this news, yet that is exactly what happened," Cramer said.