As stocks from a variety of sectors saw gains on Wednesday, CNBC's Jim Cramer examined what he believes is a multi-faceted bull market.
"This market feels almost blasphemous to me because we're being led by an outrageously bullish combination of stocks, the kind of stocks that absolutely should not be going higher at the same time," he said.
Cramer suggested that "the stocks leading us higher are supposed to be mutually exclusive," but that's currently not the case.
For example, he noted that industrial, utility and tech stocks are going up at the same time.
He also said many believe there's an "either-or" market where tech stocks can climb or other groups can.
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