Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
A recent Fed survey showed that workers' confidence for finding a new job after losing their current position was at 61.5% in May.Economyread more
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
The "captive carry flight test" evaluates the mock weapon during flight and is the Air Force's latest step amid the budding hypersonic arms race between China and Russia.Politicsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
European aircraft manufacturer Airbus is betting travelers will want to fly long distances on smaller jets with the launch of its Airbus A321 XLR.Airlinesread more
The action reflects the evolving dynamic for U.S. companies that have done business with Huawei, which has been caught in the middle of growing U.S.-China trade tension.Technologyread more
The announcement comes after Trump blasted three countries because thousands of their citizens had sought asylum at the U.S. border with Mexico.Politicsread more
Deutsche Bank plans to dramatically reduce the size of its U.S. equities business, leaving only a skeleton operation in place to service corporate and high-net-worth clients,...Banksread more
Now that the Fed meeting is over, Jim Cramer can finally breathe easier. However amid a volatile market on Thursday that ended in the red, could the bounce back?
Garner indicated that while the S&P has suffered weakness recently, this is only a temporary stop on its way back up. She thinks that the market is not overbought or oversold, it's right in the middle.
Looking back at the past performance of the S&P, Garner expects for it to head higher. Typically the S&P tends to rally from mid-March to the end of April.
"In fact, if you bought the S&P on March 15 and sold it on April 29, then you would have made money in 13 of the last 15 years. That's a pretty good track record," the "Mad Money" host said.
An important factor to take into consideration is the strong floor of support that the S&P has at 2040. Garner thinks that as long as the market stays above this floor of support, we are good to go.
She also took a look at the Relative Strength Index (RSI), which is the momentum indicator that helps chartists to predict trends before they occur. She noted that there is a strong correlation between the S&P and the RSI. Historically every time the S&P was hit hard, the RSI would drop to 30 or 40.
Read more from Mad Money with Jim Cramer
Cramer Remix: Oil news you've waited on
Starbucks CEO speaks out on race
Cramer: $$ rolling into this sector—thanks to Fed
The RSI has recently rebounded, and so has the S&P. Thus Garner believes that the S&P will head higher, all the way up to 2170 or 2180. At that point, she recommends doing some profit taking.
So while the market has been a sea of volatility lately, Garner's research indicates that the bull is still alive and kicking. The S&P 500 will work its way up to 2170 or 2180, and then it will be time to be more cautious.