Jim Cramer: Here's 10 Things to Watch For
It's a drill. You just have to look at it like a drill. We saw it before in February. We get an event, last time it was a hotter-than-expected labor report, and the VIX spikes because not everyone gets washed out the first time and because there's "easy money" to be made. This time it's the tariffs that are the cause and we all have to suffer through the VIX slam and deal with the margin calls and try to find spots that are truly hurt versus ones that are just going to get stronger despite the tariffs on aluminum and steel.
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