Jim Cramer is ready to prepare investors for this market in his Action Alerts PLUS members-only call at 11:30 a.m. on Thursday.
But first, let's cover what's happening in this market.
"Where are we in this bond-related selloff? Are we one-third through? Two-thirds? Or are we where we need to be to start buying?" Jim Cramer wrote over the weekend in a Real Money column.
"As I have said I have studied all the rate scares we have had in the last couple of decades and this one is pretty much following the form of those where the Fed feels pressure to raise rates off a very low base," he continued.
Curious about what Jim Cramer and his team at Action Alerts PLUS are watching in the markets? Watch Cramer's exclusive members-only Daily Rundown show on Action Alerts PLUS following TheStreet Live.