(Click for video linked to a searchable transcript of this Mad Money segment)
There's a silent killer out there. Lurking.
It's preying upon investors. Cramer says you need to stay alert.
The silent killer is higherinterest rates and if you're not always thinking about how higher rates might impact the stocks you hold, the next victim could be you.
But that doesn't mean you should run from the stock market – quite the opposite. As long as you remain vigilant, the Mad Money host thinks the neighborhood is perfectly safe.
However, make no mistake, you must remain vigilant because Cramer is convinced high rates are coming.
"Look no further than housing," Cramer said. "It's just too darned hot. New home sales increased 8.3%, the highest in five years. Prices of homes are up 12% in a year." The issue has already manifest itself in this sector with mortgage rates making two year highs.