Chinese vice commerce minister said Monday that Beijing would like the U.S. to cancel "inappropriate" actions against Chinese companies.China Economyread more
Sixteen Asia Pacific countries have been negotiating the Regional Comprehensive Economic Partnership since 2013, with India's reluctance to open up its markets a major...Asia Economyread more
The secretary of State said he was traveling to Saudi Arabia and the United Arab Emirates to make sure that the U.S. is "strategically aligned" with its allies.Politicsread more
Experts say Facebook's cryptocurrency project Libra has been a catalyst for the price of bitcoin going higher.Technologyread more
Goldman Sachs helped state firm 1MDB to raise $6.5 billion in 2012 and 2013, and collected higher-than-typical fees of $600 million for the deals.Financeread more
Value investing has become increasingly irrelevant thanks to central banks and technology, according to AB Bernstein.Investingread more
Indonesian Trade Minister Enggartiasto Lukita said all 16 countries negotiating a mega Asia-Pacific trade agreement should remain in the framework.World Economyread more
Stocks in Asia Pacific traded mixed on Monday afternoon, while oil prices continued to rise as tensions between the U.S. and Iran lingered after the latter shot down an...Asia Marketsread more
His comments come after a series of rapid escalations between Washington and Tehran.World Politicsread more
The U.S. is provoking Iran and growing risks of miscalculation could lead to a "world war," according to Malaysia's Prime Minister Mahathir Mohamad.World Politicsread more
Trump's comments come after he called off strikes against the Islamic Republic this week over concerns that a military response would kill scores of people.Politicsread more
First, the S&P proprietary oscillator, a paid indicator that Cramer uses to understand when it's safe to buy stocks in a decline, hit negative six, a level that has historically signaled that it's time to start picking at stocks.
The oscillator's reading means investors should be "'money in,' meaning that at the end of the day you should be putting more money to work than you're taking out," the "Mad Money" host said. "I think the oscillator could be telling the truth and it's only natural that the negative readings produce a bounce."
Second, October is coming to a close, which tends to lighten selling pressure because it tends to be the end of the fiscal year for deep-pocketed mutual funds.
"Today and tomorrow tend to be seasonally strong days," Cramer noted.
Third, the stock market opened lower Tuesday morning, a welcome sign for Cramer since almost every opening rally in the last few weeks has been decimated by the bears. Instead, a "not-so-hot opening" helped stocks soar higher, he said.
Fourth, groups that have been stuck in "bear market mode" managed to attract buyers, with some defense stocks and semiconductor plays finally climbing higher after weeks in the doghouse, Cramer said.
Finally, in "a classic sign that a bottom may be at hand," Wall Street put a positive spin on weak earnings results from Masco, a company that makes household fixtures. Shares of the manufacturer closed roughly 7 percent higher.
"A quarterback could find five open targets today," Cramer said, using a football analogy to make his point.
"The oscillator's negative six reading, the end of the horrendous month of October, a down opening that didn't hurt anybody, a couple of bear markets look like they may be morphing into bulls, and we had a positive interpretation of the negative earnings from Masco," he continued. "Five receivers wide open; let's see if tomorrow's game [makes] a long-awaited winning streak."