Oil and Apple are the only two things you need to see on your screen, Cramer said on Thursday's Stop Trading!.
Nasdaq has as much psychological control over this market than any other time since 1998-2000, Cramer said adding that "if you get tech going, a lot of people come back to the market."
Apple's iPad 2 was widely viewed as exceeding expectations, and that has led the rally, Cramer said.
"This is the trend rally," Cramer said. "For the last couple of days we had a counter-trend rally and it kind of freaked people out.
It's almost been significant enough to end the double-dip thesis, which is very much alive and well. "Days like today take it off the table," he said.
Retail is also doing well on this rally, though Cramer said he sees a delayed rally in the sector.
"It would not surprise me if these stocks can get the limelight tomorrow," he said, particularly stocks like Kohl's , which "had a great number."
"I don't understand why that stock can't go much, much higher here," Cramer said.
He also said Costco is a good buy here, as are Ross, TJX and Limited, Bed Bath & Beyond and Urban Outfitters.
"These are all stocks you want to come back to when oil's down because they're all doing well," he said
He also likes the casinos once oil goes down. "Money's going to pour back into the casino stocks," he said.
When this story was published, Cramer's charitable trust owned Apple.
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