- "Mad Money" host Jim Cramer says a key component of the bull case is the lack of explosive tweets from President Donald Trump.
- Cramer takes the market's steady uptick as a reminder that good things can still happen.
"We didn't see a threat to Russia," the "Mad Money" host said. "We didn't get a tweet about an attack on the FBI or special prosecutor Robert Mueller, other than a riposte against the New York Times about what the president called fake reporting."
While Trump's silence on Russia doesn't necessarily mean that the White House won't retaliate against Russia, which may have supported the Syrian regime in a recent chemical attack, stocks certainly benefited from his relatively calm Twitter feed, Cramer said.
In an aside, Cramer labeled Amazon "the best stock to own when the president doesn't tweet" thanks to its 1.5 percent jump on Thursday.
"The absence of fiery tweets is a real positive now for the stock market," he said, adding that Trump's comments about progressing trade talks contributed to the strength.
Reports that the president would consider re-entering the Trans-Pacific Partnership and reigniting multi-lateral trade talks also gave stocks a late-day boost, Cramer said.
"Anything that makes it seem like Trump is not a total protectionist is considered good for worldwide commerce," he explained. "Even the whiff of a possibility of trade cooperation with anyone was enough to send the industrials flying."
"A reversion to 2017? Sure felt like it," Cramer said. "If we know one thing about 2018, it's that this market can't really get a full head of steam going without running into contrary data points. That said, days like today are a powerful reminder that good things can still happen and you need to stay the course."
Disclosure: Cramer's charitable trust owns shares of Amazon.