The sixth reason was because Fed vice chair Stanley Fischer stated on Monday morning that while there is fuller employment, inflation is very tame. That means that if there is genuine deflation, it would be downright silly for the Fed to tighten in September.  The seventh positive came when oil didn't slice through the $43 level. The fact that it can bounce off of a level where it held before made many investors rethink their bearish outlook on oil.  "The uniform negativity on oil is telling, but so far it has been a smart bet. Maybe today it changes, but I'm not yet convinced," the "Mad Money" host said.  Eighth, there was a rotation out of the overvalued winning stocks from the past few weeks. Cramer thinks this could be a great opportunity to buy some of the recession proof names as they come in.  Ninth, the mass exit from media stocks seems to be over. This is the kind of bounce that made Cramer think the stocks have now separated between those that are hard to stream, like Disney's ESPN, and those that are easy to stream.  Additionally, Google announced that it is reorganizing into another entity called Alphabet on Monday night. While some may think that this reorganization is just a cosmetic one, Cramer disagreed.  "I bet Ruth Porat, the new CFO...suggested this bit of financial engineering because it basically separates the Google media business from all of that venture capital it supports so Wall Street—the language she speaks—can better understand this entity as the holding company that it really is," Cramer said.  The final positive was Apple's rally. It has actually been rallying over since it was downgraded by Bank of America Merrill Lynch last week. At this point, Apple is dirt cheap and Cramer urged investors to own it, not trade it.  However, Cramer warned not to these 10 positive indications from Monday's action feed into your perspective for the rest of the week.  "I think that the vast majority of these trends have no real staying power, and we are likely to resume the regularly scheduled negativity in a couple of days," Cramer warned.  But there is no denying that Monday's move proved that it is possible for the market rally. That means Cramer wants you to stay skeptical, not negative. There is still some opportunity out there, especially the stocks that have pulled back to recharge before surging higher.
Jim Cramer says the market rally on Monday all boiled down to 10 reasons. However, he wants investors to remain skeptical.