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Hey, I'm Kramer! Welcome to Man Money. Welcome to the Kramer America.

If you want to make friends, just try and make some money.

My job is not just entertaining, but the edge-cating teachers will call me at 1-800-743-743 or tweet me at Jim Kramer. We cling to totems in this business.

And often, those totems actually lead us in the right direction.

Last week I told you the market was oversold. The deepest oversold level since the pandemic began.

And I thought that seemed extreme versus the backdrop.

Remember, I said, Senator, I got much too negative. So, unless we got a sudden spike in COVID fatalities, not cases, fatalities, so far so good, we're due for a bads, which meant it was time to hold your nose and buy something.

Sure enough, the Dow award 647 points, S&P jumped 1.17%, and the NASDAQ rally, 0.93%, it was a textbook oversold bads.

So, therefore, the question is, are we looking at a sustainable rally or merely a temporary short squeeze, many hedge funds were caught with the proverbial panstab.

There's only so far that we can go one sentiment alone, and that's what drove this sentiment, okay?

We need to see something tangible, something real. So, let's see, how did they unfold? Sometimes that gives us the clue.

Now, the morning's trading begins about an hour before dawn. When if you watch the bottom of your screen, you can see many prominent NASDAQ names getting refreshed, all the S&P 500 names held up well.

What's weird about this, though, is it's a pattern that starts in the early morning hours.

For instance, if you were up at 5 a.m. to watch CVC, you'll typically get a sense of what the day might look like.

And this morning, the sellers were getting insanely bad prices, almost like no matter what tech names they dumped, they were willing to obliterate the stock.

It was almost as if they wanted to drive the NASDAQ down as much as possible. And you know what? I'm not paranoid. That is a real possibility.

These early morning moves are done on almost no volume, though. They feel as if someone is going to give a technical term here, painting the tape.

And that's the way to influence stocks so that they, in this case, look heavier than they rarely, than they really are.

Heavier meaning more likely to collapse. Now, I'm not going to accuse anyone of market manipulation. I can't prove it.

But this kind of action certainly raises eyebrows. The moves, heavily concentrated from 5 to 6 a.m. were commoner on endlessly by market observers.

And therefore, they set a negative tone narrative. Could they be doing it to take the whole market down? Is that what these traders are doing?

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