The stock market is 'rolling back some of those gains' from the $2.2 trillion economic rescue package that Congress passed, the 'Mad Money' host said.
all fell about 3% during the trading day. The three averages are down about 5% over the past two days.
"The oil collapse isn't the end of the world, but man, this market got ahead of itself after that $2.2 trillion [stimulus package], and now we're rolling back some of those gains," Cramer said. As of Tuesday's close, the S&P 500 and Nasdaq are both up 25% from their lowest points in March. The Dow has risen 26% from its March bottom.
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