There's growing sentiment in the market that suggests stocks are overbought – that the economy is facing headwinds and therefore stock prices must come down. But Jim Cramer thinks skeptics are missing something.
The market is too preoccupied with prices at the pump as well as the end of the tax holiday and the uncertainty caused by Washington's in-fighting, according to Cramer.
Although those catalysts are, in fact, negative Cramer thinks there's something else at play in the market – something much more powerful.
And he's confounded because it's more or less being ignored.