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Jim Cramer says Monday's market bounce may not be finished, stocks can go higher this week

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“I don’t see much on the calendar that could derail the bull until Friday, when we get the consumer price index number,” the “Mad Money” host said
The rally Monday on Wall Street may have more room to run in the very near term, CNBC’s Jim Cramer said after the Dow Jones Industrial Average jumped nearly 650 points, or 1.8%. The S&P 500 also advanced 1.1% and the tech-heavy Nasdaq added 0.9%, prompting questions of whether stocks could be in for a sustained move higher, as all three major U.S. equity averages are coming off losing weeks. Cramer said from his perspective, the rebound appears well-positioned to continue, even as the threat of the Covid omicron variant lingers.

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