The major indexes busted out of a slump on Thursday and CNBC's Jim Cramer pinpointed several unexpected market tailwinds, telling investors to look for this kind of action instead of obsessing over news from the Federal Reserve.
"I'd rather look for these unexpected tailwinds that affect individual companies.
According to Cramer, the return of Japan as a notable player in mergers and acquisitions is another tailwind.
Cramer said activist investor Nelson Peltz's proxy fight to get into Disney 's boardroom could lead to higher value for the company.
Above all, Cramer reminded investors not to trade, but to research and identify stocks they believe in for the long term.
Persons:
CNBC's Jim Cramer, Cramer, Apple, Nelson
Organizations:
Federal Reserve, of America, Apple, homebuilder MDC Holdings, Nippon, U.S . Steel, Disney
Locations:
Japan