Investors are turning from bullish to bearish and Larry Williams suggests investors 'try to sidestep the pain here,' the 'Mad Money' host says.
has rallied nearly 10% from early August. Technical analysis from stock trader Larry Williams, who created various market indicators including the Williams %R, suggests it may be peaking as investor sentiment takes a turn.
The VIX is widely known as the fear gauge — it goes down when investors are bullish and goes up when they are bearish — and Williams used the presumably cyclical measure to call the bottom in August, Cramer said. The VIX neared 25 points in early August and fell under 12 — its lowest point of 2019 — in late November.
Williams, Cramer said, also projected that the S&P 500 could undergo tough trading during much of the first quarter of 2020. He used the Dollar Index, which compares the strength of the U.S. currency to foreign money, as a stock price indicator to forecast a downward trend in equities, Cramer added.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'Clear The Track': How NHL's Eddie Shack Topped Toronto's Music ChartsWhen 'Hockey Night in Canada' commentator Brian McFarlane wrote a song about one of his favorite hockey players, it was an instant success — quickly climbing to No. 1 on Toronto's music charts.
Lire la suite »
Cramer: I'm not worried about a December stock market drop like last year'Nothing worries me in the sense of looking for a big sell off in December,' says CNBC's Jim Cramer.
Lire la suite »
Wall Street’s 2020 Prediction: The Stock Market Will Have a So-So YearMany analysts believe stock gains will wind up being in the single-digit percentage range in 2020 and that the longest-ever bull market is not over
Lire la suite »
Prabal Gurung Pre-Fall 2020 Fashion ShowThe complete Prabal Gurung Pre-Fall 2020 fashion show now on Vogue Runway.
Lire la suite »
Stocks tumble on manufacturing weakness—here's what Cramer and other industry pros see aheadWeaker-than-expected results from November's ISM Manufacturing index reading weighed on stocks on the first trading day of December, but experts aren't too concerned.
Lire la suite »
House GOP lays out defense of Trump on Ukraine, says he wasn't looking at 2020New report by House Republicans argues Democrats have not presented clear evidence Pres. Trump's Ukraine actions were done specifically to “benefit in the 2020 election.'
Lire la suite »