Things sure look different from Italia! Yes, I do take vacations. And yes, they almost always lead to dramatic declines that have me called back or called in. Not this time. This time it was a rout. An oversold rout as, once again, the S & P Short Range Oscillator got it right: We were at the outer limits of a very oversold market. My favorite market indicator was at minus 7.82% on Friday after a wicked few weeks. The excellent news here? We are still oversold at minus 5.
The excellent news here? We are still oversold at minus 5.78%, which is usually the sign of a powerful rally with more room to run, rather than one that is running out of gas. That's rather amazing given the proximity of the Federal Reserve's next rate-hike decision in two weeks, and a couple days from the next Consumer Price Index release on Tuesday.
Still, I like that setup. It's why we bought so much and continued to buy with the exception of some highly profitable trims in the oils.
$MTVT is the only game that is fully up and running .Huge token burn coming!!Buy it now if you love money
😂🤣nope.
How many times has he said this?
Best reverse indicator out in the markets right now
Hang on gang, it hasn’t reached the bottom yet, Cramer says it has.
Why do you have a criminal working for you'll involved with the death of bbby cfo . Check his tweets FBI
Then only the price rise!
It amazes me how long has kept this clown on tv🤡
Jimmy da Shill, still trying....
good, i was waiting to buy even lower
Brace for impact
I thought you finally fired this guy
whatever?
Keep at it Cramer! Keeping some hope for the small traders/investors.
We going lower boys 📉
You did this all the way through 2008 until your Fed meltdown.
Cramer = big 🤡🤡🤡🤡🤡
Damn it Cramer.. I thought we were done with the lows..
Oh my, a collapse it's coming. CramerTracker Hand on to your dear life everybody!
Oh shit, time to get short.
So now got the ok to go down another 30% thanks Cramer
Oh no…
tyillc Nope not a chance
Jim Cramer farts in elevators
Other side.
Oh boy.
Cool, I’m all in first thing tmw. 🙄
We're not there yet Jimbo.
This is what I have been saying! Wait ... 🙊
Drunk
Is this clown pushing that vaccine on everyone?
Agree
My favorite contrarian indicator
Same thing they said in 2008
Jim’s track record calling the market is suspect.
Oh no
Until Election Day