"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."
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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.
Sverige Senaste nytt, Sverige Rubriker
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