As the indexes soar to new heights, CNBC's Jim Cramer explained why he's still bullish, telling investors the market is set to keep roaring.

"The cynics just can't believe what's happening in this market. They're so used to finding reasons to be bearish that they're being overrun by positive events," he said. "Can these negativists stay baffled? Will they have to commit, convert, get bullish? I don't know if they can do it, but they're going to have to if…they want to stop losing the money that they have under management."

Stocks climbed during Thursday's session as investors reacted to softer economic data that could allow the Federal Reserve to cut interest rates. While the consumer price index rose, the Labor Department reported this week a surprise increase in weekly jobless cl

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