"While he's not predicting a big decline, [analyst Mark Sebastian] thinks you should be prepare for choppy waters and perhaps a modest pullback," Jim Cramer says.
"Until we digest these recent gains, Sebastian predicts that the fear gauge will stay above 16 and this market's going to chop around," he says.warned. The VIX, dubbed the "fear gauge," and S&P 500 indexes typically run in opposite directions, Cramer explained. When they mirror one another, it tends to serve as a warning sign.
"While we've had a lot of turbulence, Sebastian's worried that the volatility index seems to be creeping up along with the stock market," Cramer said. In recent years, "every time the S&P's had a rapid rally that failed to really bring down the VIX ... it resulted in some sort of sell-off … The most notable one being the big blowup in January of 2018."
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:
The markets are always in Choppy waters....
Tweet. Up. Tweet. Down. Tweet. Up....etc.
Perhaps the interest rate drop was a telltale sign, since the last time it happened was when the country's financial doors were about to be blown off.
mr_jettlife uh huh
You don't say............ Anybody could have told you this. Republicans are trying to pass an emergency tax cut to index capital gains. That alone should tell you confidence in the market.
Probably will get worse next year during election season.
You don’t say.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Gianopulos Inks Multi-Year Deal As Paramount Boss Prior To CBS-Viacom MergerBREAKING: Ahead of the CBS-Viacom merger, Viacom has re-upped Paramount Pictures Chairman and CEO Jim Gianopulos to a new, multi-year contract. In addition, Paramount’s current production president…
Source: DEADLINE - 🏆 109. / 63 Read more »
Jim Gianopulos Signs New Multi-Year Deal as Paramount Chief Ahead of CBS-Viacom MergerViacom has signed Paramount Pictures Chairman and CEO Jim Gianopulos to a new, multi-year contract, individuals familiar with the talks told Variety. The development comes as Viacom is expected to …
Source: Variety - 🏆 108. / 63 Read more »
Cramer: China tariff tweaks signal that Trump does not want the stock market to drop any further'I think this is the president saying, 'I don't want the stock market to go down any more,'' says CNBC's Jim Cramer. I hope he realizes there are PLENTY of ammunition he can use against China which doesn't involve tariffs. The 25% in $200 Billion is sufficient, he can actually increase that, no need for the other $300 Billion. yeah? No shit Sherlock. You must be a genius. The fake trade news is Trumpet and Chjina spoofing stock prices higher for the benefit of their cronies at the expense of the rest of the population So, he's a stock manipulator. Great.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer Remix: The stocks worth owning once the coast is clearJim Cramer warns investors to let the dust settle in this market before committing to the stocks of Dollar Tree and Darden. ❕Be careful ! Bears will play Navarro to make S&P500 below 2800 in September aiming to make America bearish again. Bears makes money while WH pay the cost. MABA will replace MAGA.
Source: CNBC - 🏆 12. / 72 Read more »