Cramer: Three charts show investors should get ready for a big rally in the stock market in September

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

'The charts, as interpreted by the legendary Larry Williams, suggest that it's time to stop panicking, stop complaining and start buying,' Jim Cramer says.

Based on analysis from Larry Williams, the renowned stock trader credited for creating a number of market barometers including the aptly-named Williams %R momentum indicator, investors should expect the stock market to cycle through a hot streak in September, a steep fall in October and another upswing at the end of that month.

Williams, the author of nearly a dozen books particularly on stocks and commodities trading, made his prediction by assessing three charts: the advance/decline line, the volatility index and theThe advance/decline line is a technical indicator that tracks the sum of stocks that both rise and fall during a trade day.

"It's a pretty ironclad correlation and it only breaks down when the market's about to make a major reversal," Cramer said. "Remember, when the VIX goes down, the stock market goes up. So this volatility cycle suggests it's time for the S&P 500 to rally ... likely through the end of September."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cramer: Three charts show investors should get ready for a big rally in ... via YouTube

Guy pressing buttons that trigger funny noises & animations says what?

Cramer....stocks won’t rally into Impeachment. Cramer is always wrong. Nixon Impeachment stocks down 50%.

that's a stretch goal for sure.

Cramer always makes these calls which are more often than not wrong. Will he apologize if the market tanks another 10%?

Quarry_Rock oh Christ

700% please on all my stocks

I have absolutely no faith in this analysis. The most bullish man on earth, uncle Buffet, is hoarding cash and patiently waiting. You should too. Or, load up on puts! SELL SELL SELL!

Time to load up puts. Cramer jizzz

I guess Cramer has a bunch of shares he wants to unload

Maybe you need to watch this. Hong Kong, HSBC, China financial system is toast. Must see: mileskwok HongKongProtests HongKong boycottHSBC hsbc

Guy who is literally wrong about everything says what?

right, instead of economic fundamentals let's gamble over TV quality technical analysis

Really?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines