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How Jim Cramer Knew Markets Would Bounce Back Friday

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Markets bounced back from Thursday's selloff Friday with the Dow rising over 370 points in early intraday trading. 

On TheStreet Live Thursday, Jim Cramer said that the selloff was an opportunity to buy stocks. 

“When there’s fear, there’s opportunity,” Cramer said.

In the video above, Jim Cramer breaks down how his call was guided by Real Money contributor Mark Sebastian's take on the Vix. 

Recap TheStreet Live: Everything Jim Cramer Is Watching 7/9/21

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