How could the Dow Jones Industrial average go from 16,026 to 16,500 without taking a breather . How could things be that good . Isnt that when the dow dipped 13 points has to be back slid. 2 . I think the answer is quite simple. The things that were supposed to go wrong either dont happen or they selfcorrect and then we just plow forward. So in order to explain this, lets tick down what didnt go wrong and whats adjusting to the new realities behind the scenes making this market far more resilient. Thats the keyword. First, we have hugely High Profile Companies that have been going down, not up, but down in anticipation of disappointing sales and earnings and also other news. Then what happens, we dont get it. Consider facebook and apple which reports tonight. Heres two stocks that reacted horrendously ahead of their quarters but when facebook reported it showed a dramatic improvement in every category. Especially where daily and Monthly Average users. They look fabulous. Not only did it not screw it up but facebook is actually a very cheap stock on eps. On earnings. I dont know a soul who expected anything shocking from apple. Apple. So when it reported a surprisingly good iphone number, 43. 7 Million Units when the analysts were looking for 37. 7 million. As well as expanded and the dividend boost it ignited the dormant stock. Lets not forget, right, come on, weve got the 7 for one slit of the apple. I know when you divide an apple pie into seven slice and i hope you do it better than i did, it doesnt make for more pie. But it sure makes it more edible. As will apples stock be more edible after the split is completed. A good enough number sends the stock higher. Second. Weve got this used nonnegative nobody stalk about but its causing a giant bid to be put under the market every time it comes down. They have no choice but to buyout any dip. Whats this secret positive no one is talking about . Get this. Im going there because no one else is. The federal reserves tapering. Investors, particularly hedge funds lived in fear of what would happen when the feds stopped its bond buying program. But the fed has been tapering methodically and it hasnt caused Interest Rates to rise one bit. Wasnt that the looming sword over the market . Didnt fear of the taper cause a tremendous amount of tremendous amount of pressure over and over again . Wasnt it used endlessly as the single best reason not to buy stocks . Or of course to dump them . Now look at Interest Rates. The tapers are on. Yet they stu bornbbornly go hig. The more tapering the better. So Many Companies locked in low rates that its simply time for Interest Rates to inch higher. If they can. You can say the fed got lucky. Portugal just sold 10 year bonds at 3. 5 . Would you rather have one from a country we thought was going to default. Taper has been a victory. It was supposed to be a defeat. About time someone said it. Third, this is the quarter we were supposed to see more of the same cost cutting thing to make the numbers, the buying back stock thing to make it without any real sales but thats proving to be not the case. In fact, the opposite is playing out. Very big Revenue Growth at boeing, delta, facebook, united technologies, american express, netflix, cocacola, General Electric. Against those, we have very few companies without solid Revenue Growth. Ibm didnt for certain. Warren buffet isnt a seller by the way. Jp gorman didnt deliver on the revenues. Its ironic but some of the stocks down post earnings didnt decline because of slower revenues. At t, chipotle and yum. Chipotle, yum and brinker ran into higher food costs. Something i should have known from the guacpocolypse right in his backyard. Fourth theres always some group growing to save the day. Its like everything goes down at once. Like this market. We saw that kind of everything go down at once leading to the bottom april 11th. Since then we had real weaknesses in certain sectors. They have been spread out though and they dont sink the whole market. The sectors that should have pushed us down have been declining but kind of in an orderly fashion. If you own them, you dont feel that way. I cant tell you how many times the transport versus saved the day. Either the rails or the trucks are todays airlines. Theres high profile oil stocks that just wont quit or just when you think retail is rolling over because of a weak number from bed, bath or macys or cap. You run in michael kors and have you noticed like i have that walmart and target dont go down. They have become rocks. You fear that the weakest stock in the dow might go down. Boeing, thats been a terrible stock. Thats been going down in anticipation of earnings. What happens . Its crushes it. Terrific number. Same thing with United Technology saving the day the other day and the week before was General Electric and rides to the industrials rescue. At the same time the overvalued stocks and i mean at multiples to sales and enterprise values, theyre rolling over again. Before the april 11th bottom it was a negative when they were being crushed. Now as theyre taken out of the bubble with the Service Stocks the most overvalued part of the market, well, also biotech, we just say this market is not like 2 2000 when the stocks cause everything to go down. The expensive ones at sale of 12 times sales or eye balls or whatever. The pain isnt spreading the former again, warren buffet, great comments to becky quick today confirming that few. Plus disappointments in google last week and vm wear dont cause the kind of collapse we expect. In part because theyre one off misses and in part because theyre followed up by a facebook or am that really blow away the numbers. I know what it is because im a bowler. Theres no negative pinks in whole segments of tech. You had the one pin and now they become incredibly inconsistent. No memory in between. Even the deadly ipo market which thetenn threatened has tapered off. That doesnt mean theyre out of the woods when it comes to insider sale. Thats become the poster child for insider selling. Its been cut in half thanks to two secondaries. A 14 share deal at 82 and now a 13 million share deal awaiting prices in the 40s. Fireeye reinforces this idea that theres no level where people wont sell these pricey newly public stocks. Thats he nil anile yating the. It kicks in because of the did i have tends two days ago. Theyre saving the day. As good as the treasuries are versus portugal, some of these dividends are better after taxes. Heres the bottom line, why doesnt this market get killed when it seems like it should . Simple, too many bad things arent happening and the bad things that do happen dont spoil over to poison whats good because whats good like facebook or apple tonight is real good. That creates a very benign environment. Just when you expect the opposite. Especially after a huge run. Oh, and can i just say, how many of you expected this instead of a 7 for 1 split. Carolyn in missouri. Caller thanks for taking my call. Good to see you. Caller thank you. Im calling about my emotio emm electric stock. What do you think. We love that order number that came out. 10 order number in the future. That bodes well for earnings. Will please come on. Things are finally working. Things are humming. You hold on carolyn to emmerson. Its no longer a show me stock. She happens to be from missouri. Lets go to alfred in california. Alfred. Caller mr. Cramer. Good afternoon and thank you for having me on your show. Sir, im calling you about plug. Yeah. Caller and this secondary offering that they announced after hours yesterday. No information as to size or pricing. No notice and i know, sir, this might sound naive but are there no constraints at all on how these folks can blow a hole through your equity. I said this is enough. They did a deal. They did a deal. They did a deal but to their credit each deal has been done at a higher price. They probably think its pifine. I am tired of being plugged by plug. On a day when the selling isnt so brutal its worth understanding why. The reason . Too many bad things are not happening and the bad that is happening isnt spilling over to the good or the very good. Like apple where we thought we were going to get a pie in the face. Instead we got seven slices and facebook. The result, things are benign. All right. Just ahead, do these guys look familiar to you . When they get involved in a stock, big moves usually follow. Plus a stock thats doubled twice in the last year. Im checking if theres more in store. Stay tuned. Mad money will be right back. Coming up, demand for data. Move this from 5 a year ago to 25 today. And now some are calling for a move to 50. Could smartphones and specs cause another double . Wait until you hear cramers take. And later, the color of money. A Dividend Increase and near 5 move into the green this week painted a bright picture for ppg. But could growth in its end markets make this picture even better . Find out ahead. All coming up on mad money. Dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer, madtweets. Send jim an email to madmoney cnbc. Com or call at 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. Bc. Co. Predicting the future is a pretty difficult thing to do. Bc. Co. But, manufacturing in the United States means advanced technology. We learned that Technology Allows us to be craft oriented. No ones losing their job. Theres no beer robot that has suddenly chased them out. The technology is actually creating new jobs. Siemens designed and built the right tools and resources to get the job done. So, whatd you think of the house . Did you see the School Rating . Oh, youre right. Hey, babe, i got to go. Bye, daddy. Have a good day at school, okay . [ man ] but what about when my parents visit . Okay. Just love this one. Its next to a park. [ man ] i love it. I love it, too. Heres your new house. Daddy [ male announcer ] youre not just looking for a house. Youre looking for a place for your life to happen. Zillow. Love it or hate it shareh d Shareholder Activism works for you. It could happen to the pharmaceutical gem that we have been recommending forever if aller allergan buys the company. To be fair the model has been working fabulously. I expect that the fantastic research and Development Budget that sets allergan apart will be gone in they get it. I dont think its fair that he was able to buy 10 when he news a take over was coming. It is absolutely legal. But i didnt like that the former head of enforcement blessed the transaction himself. Although thanks to the transaction of the resolving door hes a corporate lawyer now. Couldnt he have lead someone else to do the dirty work . Is this the same government man protecting retail experts a few months ago . Sadly yes. Kind of a let down. But all of that said, more than anything else what i want is for you to make money. Sometimes in order to make an omelet you have to break some eggs. As it happens, activists are fabulous egg breakers. Hes practically a top chef with his work here. All big wins. Think about how much the activist made over the years. If you piggy back on his at wendys, heinz and great quarter today because of his action. I dont think he has hurt pepsico either. Even as its pretty clear the ceo has been giving him tea anyway. The best always get motivated by criticism. Pushed by Elliott Management to simplify and streams line 52 week high. You should be thrilled that value act is in there trying to get microsoft back on track. You have to respect they bringing out value as far as chesapeake, ebay, all which better served their shareholders. Theres one more. Apple. Yeah, oh, man, hes been all over those guys and he took to twitter instantly after the quarter came out agreeing with tonights announced decision to increase the buy back. Saying he was pleased with the results. I bet he was. It helped him clean house. Theyre trying to remove the ceo and stop his plan to break up the company which i believe would destroy and not create shareholder value if he gets his way. I guess they want to bring out more value but i dont know how much value is left to bring out t. Market is better off for these efforts and we have to salute the new trend. Its working for you and not against you and thats all we really want if we buy stocks, right . Including activists that put companies in play and force them to unlock value. The simple truth is while many ceos want to bring out value, plenty of others just want to be ceos. The activists are simply providing the match. Up next, a tech speck thats already doubled twice in a little over a year. Think you know what it is . You might be surprised. Mad money will be right back. Coming up, could a new coat of paint spruce up your portfolio . Ppg has that and much more. Find out if it can give you more green. Later, new heights . Industrials, the backbone of the American Economy are hitting all time highs today. Want to know which of these iconic brands stand to gain the most from here . Dont go anywhere. [ banker ] sydney needed some Financial Guidance so she could take her dream to the next level. So we talked about her options. Her valuable assets were staying. And selling her car wouldnt fly. We helped sydney manage her debt and prioritize her goals, so she could really turn up the volume on her dreams today. And tomorrow. So lets see what we can do about that. Remodel. Motorcycle. [ female announcer ] some questions take more than a bank. They take a banker. Make a my financial priorities appointment today. Because when people talk, great things happen. Carstheyre why we innovate. Make a my financial priorities appointment today. Theyre who we protect. Theyre why we make life less complicated. Its about people. We are volvo of sweden. What the heck is happening with micron . Symbol moo. Maker of dynamic random access memory chips as well as nand flash chips follow a pretty familiar pattern. Theres nothing really p propriotary or special about the chips. Whenever there was too much supply, prices would get crushed and micron would be a dog. Thats why this stock was such a horrendous performer from 2010 through 2012. But then excess capacity would be shutdown and pricing would rise and stock would bounce back. Since the stocks remarkable run to 25. 26 since where its trading right now. In the past these rallies would be short lived. Remember its nothing proprietary. The more tempted it would be to add new capacity and build more plans to capitalize on these new higher prices. And as soon as the industry started adding capacity, you knew that the rally was finished because the new supply would flood the market, and the stock could go back to being a dog for years to come. Thats how it worked since the 90s. The whole cycle would wash, rinse and repeat itself endlessly. So you can understand why even after a Company Reported a terrific quarter a couple of weeks agato that the bears are t in full strength claiming it cant last and sooner or later the stock will indeed get crushed. The bears may be wrong about the timing. The stock just hi hit a 52 week high today. But they have history on their side. This is the way its always been. And this time, it feels different. First of all, micron has a host of bulls on its side. 19 analysts are saying the stock is a buy. He recently raised the stock to 50. Its versus 11 holds and 4 sells. This way the stock can keep rallying and theyre sticking by it. Theyll tell you thats because they have changed and changed for the better. I agree with them. Whats different . One word. Consolidation. In the business which accounts for 70 of the companys sales, i talked about it when it happened. Thats Japanese Companies that have been bankrupted and they bought it for 2. 5 billion and then set up a joint venture. They couldnt take the strain. You think the prices for drem which are used in Desktop Computers would be falling off a cliff here but a loft capacity has been taken out and its now become slap happy with just three players, samsung and micron and its easy to quit flooding the market with supply. None of the guys wants to flood the market. So theyre wary of adding too much capacity. You have a threeway dilemma. The best way would be for none of them to build new facilities. Prices stay tight and everybody makes money. But its illegal to collude with each other and if one of them gets greedy, the others will like lie follow. They dont want to be left out and suddenly you end up with too much supply. Prices falling through the floor and the whole industry ends up in the dog house once again. Now a decade ago you had a dozen suppliers. This vicious cycle of Companies Adding capacity was guaranteed to happen. Youre not going to be able to coordinate. Thats way too tough. These days, its conceivable. Just conceivable that everyone will remain responsible. No one will boost capacity dramatically and micron will keep making money. Demand is still pretty good. Thats what immediates to happen in order for microns stock to continue to pile higher. They also have this nand flash business that represents 25 of the sales. This is very different. Its used for memory in mobile devices like smartphones. Demand for nand chips is on the rise. You dont want to put a hard drive in your phone so they use it as an alternative way to store memory. Micron is the Third Largest in this. But sandisk has been on fire. So you know that the nand is strong. Its best encapsulated by my friend that is a cnbc contributor. Hes yellow flagging it. Why . Not red flag, by the way. Well, yellow, red. Its an orange flag. Remember, new capacity is the kiss of death for micron. They lost a dram factory last december opened a factory last month. They also said there has been a lot of compression in prices and at a recent conference he wonder ifs the analysts are playing it safe when they say they dont see price declines of more than one and a half. While insiders sell from any reason its still the potential yellow there. I already threw the flag. I didnt throw the bear. There, hows that as for as for the bulls, they see the drem space as a changed industry. Not only is it a ton of consolidation. First time, consumer computers are no longer