Because the Volatility Index has not gone lower, 'you need to be careful when you see the averages rallying like this morning,' Jim Cramer says.
Carmer said "the charts, as interpreted by Mark Sebastian, suggest we are due for a bit of a pullback."
The S&P 500 in the past five trading days has expanded 5%. The VIX index initially fell from nearly 19 points, which Cramer called "textbook rally action." However, the volatility measure has hovered in the high 15-point to low 16-point range since Thursday's session as the S&P kept climbing. Sebastian, Cramer explained, does not expect the market to dive as dramatically as it did in January 2018. Still, there's reason to be cautious.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Cramer: Beware of froth — 'it may be too late to put new money to work''When you see people crowding into stocks just because they're going up, it's what I call a bad sign,' Jim Cramer says.
Baca lebih lajut »
Cramer: 'The bull is fatigued,' froth is easing up and the market is ready to recharge'We've had a colossal rally. After this kind of run, the bull is fatigued,' the 'Mad Money' host says.
Baca lebih lajut »
Salesforce's Marc Benioff defends Tableau deal: They 'didn't want our cash''Tableau didn't want our cash — they wanted our equity, because they know that the real value here is in the company that we're creating together,' Benioff tells Jim Cramer in an interview.
Baca lebih lajut »
CNN’s Jim Acosta Has a New Story to Tell: His OwnReporters like to tell stories, and they try to do it without becoming part of the tale. Jim Acosta has had little choice in the matter. The journalist, whose profile has risen over the past two ye…
Baca lebih lajut »
CNN's Jim Acosta weighs in on Donald Trump's mental state: President is 'crazy like a fox''Steve Bannon explains in an interview that I had with him that what Trump tries to do is really control the narrative by saying sensational things that sound wild and nutty sometimes,' Jim Acosta
Baca lebih lajut »
'19 Kids and Counting' Matriarch Mary Duggar Dead at 78Jim Bob Duggar's mother, Mary Duggar, has died suddenly at the age of 78.
Baca lebih lajut »