Cramer’s charts of the fear gauge suggest sell-off pain isn’t over yet

As strong as Tuesday’s rally was, it may not mark the end of the sell-off that ravaged stocks in last week’s trading, CNBC’s Jim Cramer said.

READ MORE  FAANG leadership is over, it's time to bet on your fellow MAAN

Looking at the Cboe Volatility Index, also known as the market’s “fear gauge” or the VIX, Cramer and volatility expert Mark Sebastian determined that stocks could see another leg of pain even after Tuesday’s surge.

READ MORE  Housing stocks are finally bottoming, but don't buy just yet
READ MORE  Papa John's possible new logo drops the apostrophe

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *