Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
No matter what the outcome of this election, we'll deal with it, Jim Cramer told his Mad Money viewers Tuesday, as he sought to quiet the fears many investors have about the upcoming results.
Sure, the election could be another big, bad event for the markets, Cramer admitted, but it's also manageable one just like all of the others.
Cramer was around during the hyper-inflation of 1979 and the market survived. He was there for the crash of 1987 and the market survived. Since then, the market has survived all sorts of crises, big and small, from the Great Recession to Brexit, and during all of them, there were winning stocks and losing stocks and lots of stocks in between.
No matter who wins, we'll find things to buy and things to sell, Cramer said, and if the results are contested, we'll figure out a game plan for that as well.
Tonight's results just aren't that dire in the grand scheme of things, Cramer concluded, which is why he'll be back to picking great stocks or winning companies again tomorrow.
Off The Charts
In the "Off The Charts" segment, Cramer checked in with colleague Bob Lang to see how the stock market might behave after the last votes have been counted.
Cramer noted that the markets haven't just been fretting about the election, they've also been glued to the price of oil and what the Federal Reserve is likely to do in December. The last time the Fed raised rates, the markets fell by 8%.
But setting oil and the Fed aside, history appears to be on the side of the bulls, as the markets have risen 75% of the time after elections, and overall, November and December are seasonally strong months.
But Lang threw cold water on the history, noting that the daily S&P 500 chart shows the index testing its 200-day moving average and rallying only with weak volume. The Chaikin Money Flow has also been negative since October, a signal that the big boys are selling.
Turning to oil, Lang said the chart of West Texas Intermediary crude could fall back to its August lows after also testing its 200-day moving average recently.
Finally, Lang looked at the volatility index, or VIX, also often referred to as the fear gauge. It's been spiking in recent weeks.
Add these factors together, and both Cramer and Lang agreed that investors should be cautious going into the end of the year.