Homepage / Investment / Cramer's game plan: A good week for the bears in bulls' clothing
Amazon says this Prime Day was its biggest shopping event ever Kudlow says President Trump is 'so dissatisfied' with China trade talks that he is keeping the pressure on As stocks regain their footing, an ominous warning looms Goldman Sachs downgrades Clorox to sell, says valuation is 'unsustainably high' How Satya Nadella has spurred a tripling of Microsoft's stock price in just over four years Kudlow says economic growth could top 4% for 'a quarter or two,' more tax cuts could be coming The one chart that explains Netflix’s stunning comeback US housing starts plunge 12% in June to a nine-month low Aerospace titans Boeing and Airbus top $110 billion in orders at Farnborough Target uses Prime Day to its advantage, logging its 'biggest online shopping day' so far this year Billionaire Marc Lasry sees bitcoin reaching up to $40,000 as it becomes more mainstream and easier to trade These are the 10 US airports where you're most likely to be hacked Amazon shares slightly higher as investors await Prime Day results Wreck of Russian warship found, believed to hold gold worth $130 billion A bullish ‘phenomenon’ in bond market is weeks away from fading, top credit strategist says Stocks making the biggest moves premarket: MS, GOOGL, TXN, UAL, NFLX & more Twitter shares up 50% since late April means most upside priced in, analyst says in downgrade EU fines Google $5 billion over Android antitrust abuse Mortgage applications fall 2.5% as buyers struggle to find affordable homes America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson Investors are getting spooked as the risk of a no-deal Brexit rises EU expected to fine Google $5 billion over Android antitrust abuse Ex-FBI chief James Comey urges Americans to vote for Democrats in midterm elections Elon Musk apologizes to British cave diver following baseless 'pedo guy' claim Disney, Comcast and Fox: All you need to know about one of the biggest media battles ever Xiaomi shares notch new high after Hong Kong, mainland China stock exchanges reach agreement The trade war is complicating China's efforts to fix its economy European markets set for a strong open amid earnings; Google in focus Hedge fund billionaire Einhorn places sixth in major poker tournament The biggest spender of political ads on Facebook? President Trump Asian stocks poised to gain after Fed's Powell gives upbeat comments; dollar firmer Stocks are setting up to break to new highs Not all FAANG stocks are created equal EU ruling may be too little, too late to stop Google's mobile dominance Cramer explains how Netflix's stock managed to taper its drop after disappointing on earnings Airbnb condemns New York City's 'bellhop politics,' threatens legal retaliation Amazon sellers say they were unfairly suspended right before Prime Day, and now have two bad choices Investor explains why 'duller' tech stocks can have better returns than 'high-flying' tech names Elon Musk is 'thin-skinned and short-tempered,' says tech VC Texas Instruments CEO Brian Crutcher resigns for violating code of conduct Google Cloud Platform fixes issues that took down Spotify, Snapchat and other popular sites Uber exec: We want to become the 'one stop' transportation app 'What a dumb hearing,' says Democrat as Congress grills tech companies on conservative bias Amazon shares rebound, report says Prime Day sales jumped 89 percent in first 12 hours of the event How to put your medical history on your iPhone in less than 5 minutes Investment chief: Watch these two big events in 2018 Even with Netflix slowing, the market rally is likely not over Cramer: Netflix subscriber weakness debunks the 'sky's the limit' theory on the stock Netflix is looking at watch time as a new area of growth, but the competition is stiff Why Nobel laureate Richard Thaler follows Warren Buffett's advice to avoid bitcoin Rolls-Royce is developing tiny 'cockroach' robots to crawl in and fix airplane engines After Netflix plunge, Wall Street analysts forecast just tame returns ahead for the once high-flying FANG group Roku shares rise after analyst raises streaming video company's price target due to customer growth China is investing 9 times more into Europe than into North America, report reveals Amazon says US Prime Day sales 'so far bigger than ever' as glitch is resolved Netflix is on pace for its worst day in two years US lumber producers see huge opportunity, rush to expand San Francisco to consider tax on companies to help homeless Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs Powell backs more rate hikes as economy growing 'considerably stronger' Netflix history is filled with big stock declines – like today – followed by bigger rebounds Intel shares get downgraded by Evercore ISI due to rising competition from Nvidia, AMD Petco aims to reinvent the pet store with something you can't buy online Genetic testing is coming of age, but for consumers it's buyer beware Tech 'FAANG' was the most-crowded trade in the world heading into the Netflix implosion, survey shows Netflix weak subscriber growth may indicate a 'maturity wall' that could whack the stock even more: Analyst This chart may be predicting the bull market's demise Wall Street says Netflix's stock plunge is a ‘compelling’ buying opportunity because the streaming giant ‘never misses twice’ Tesla sinks after Musk tweets, again Boeing announces new division devoted to flying taxis Stocks making the biggest move premarket: NFLX, UNH, GS, AMZN, WMT & more Deutsche Bank downgrades Netflix, but says big subscriber miss is not 'thesis changing' IBM is experimenting with a cryptocurrency that’s pegged to the US dollar North Korea and Zimbabwe: A friendship explained Virgin Galactic spinoff Orbit to launch rockets from the UK with space deal Artificial intelligence will create more jobs than it destroys? That’s what PwC says ‘Treasonous’ Trump and ‘Putin’s poodle:' Scathing headlines follow the Trump-Putin summit China’s fintech companies offer ‘enormous’ opportunity, investment manager says Trump's performance at summit with Putin was 'unprecedented,' experts say Walmart and Microsoft link up on cloud technology as they both battle Amazon European stocks seen mixed amid earnings; Fed’s Powell to address Congress How I knew I should quit my day job and run my start-up full-time: Viral website founder China's stocks have been trounced, but the trade war may ultimately be good news for those shares Billionaire tech investor Peter Thiel bets on crypto start-up Block.one Asian shares subdued open after mixed close on Wall Street; energy stocks under pressure Amazon cloud hits snags after Amazon Prime Day downtime Netflix isn't doomed by one quarter unless people start questioning the long-term investor thesis Tech stocks set to sink on Tuesday after rough evening for ‘FANG’ Netflix plummets after missing big on subscriber growth This wristband lets humans control machines with their minds The U.S. has a rocky history convincing Russia to extradite computer criminals Amazon suffers glitches at the start of Prime Day Jeff Bezos is now the richest man in modern history 'The United States has been foolish': Read Trump and Putin's full exchange Goldman Sachs recommends these 5 highly profitable companies — including Nvidia — to combat rising inflation Goldman Sachs releases 'tactical' stock picks for this earnings season Three red flags for Netflix ahead of its earnings report The bond market may be raising recession fears, but don't expect one anytime soon Cramer: Banks are 'making fortunes' but are still as hated as they were during the financial crisis Putin told Trump at summit: Russia never meddled in US election


Cramer's game plan: A good week for the bears in bulls' clothing

For Jim Cramer, Friday’s unexpectedly strong jobs report numbers validated the strength of the high-flying stock market.

“Employment growth means money to buy a car or to buy a house, hence why the housing stocks roared today [to] new highs. Do I really need to explain how hiring helps the banks and techs and the industrials?” the “Mad Money” host said. “It also shows us which industries have the best growth. … Right now it’s health care, and that’s a signal that these stocks, which have held up incredibly well, can keep rising.”

Certainly, employment growth is not the only number investors should watch when it comes to predicting the market’s next move.

“Of course, as important as the non-farm payroll report is, at the end of the day, what really matters for individual stocks are the earnings, and we kick off a brand new earnings season on Tuesday,” Cramer said.

With that in mind, here are the stocks and events on Cramer’s radar next week:

John Williams, the president and CEO of the San Francisco Federal Reserve, will speak on Monday, and Cramer is curious to see if Friday’s strong employment number will be translated in to action.

More specifically, the “Mad Money” host wants to see if Williams, a non-voting Federal Open Market Committee member who previously talked about having three interest rate hikes this year, will change his view and advocate for four hikes.

“It’s incredibly important because lately, this market’s been led in part by the financials, and an important Fed head arguing for four hikes would be music to their ears, especially given that we are going to get a lot of bank earnings at the end of the week,” Cramer said.

PepsiCo: This Cramer-fave consumer packaged good company will deliver the first major earnings report of the week.

The “Mad Money” host expects good numbers from the Indra Nooyi-run PepsiCo because it is well managed and deals in one of the strongest parts of the supermarket: snacks.

“If PepsiCo gets hit after it reports, you should be ready to buy,” Cramer said.

Amazon Prime Day: On a day that lives in retail infamy, Amazon will offer its Prime shoppers massive deals in a show of force for the e-commerce giant.

“I bet the numbers show a 20 percent increase over last year’s Prime Day, which I expect to cause a boatload of retail analysts to come out of the woodwork and downgrade any retailer that is still standing that they haven’t downgraded yet,” Cramer said, adding that only then might the market find a bottom for some of the hardest hit brick-and-mortar names.

Janet Yellen: The chair of the Federal Reserve will begin a two-day testimony about the state of the U.S. economy on Capitol Hill in Washington D.C.

“I expect both days will be riveting … and I’m hoping she’ll stay on message: more rate hikes needed in a gradual attempt to get us back to normal. I agree completely. Alas, Yellen has too much self-control to ever really snap at any of the bozo politicians who ask her inane questions, but maybe she’ll surprise us,” Cramer said.

An analyst meeting at consumer foods giant General Mills will give its new CEO, Jeff Harmening, a chance to outline his strategy for the company.

While Cramer is not sure what Harmening might suggest that former CEO and current chairman Ken Powell had not already tried, he hopes growth is in the cards.

Statistics: The Producer Price Index, which measures the average changes in selling prices that domestic producers get for the products they manufacture, will release its numbers for June.

Paired with Friday’s Consumer Price Index numbers, which measure how much consumers pay on average for goods and services, the indices should be telling of where U.S. inflation stands.

“Even if these numbers are as tame as I expect them to be, I think the Fed has enough latitude for two rate hikes this year,” Cramer said. “In my view, they’ve still got a long way to go before higher interest rates represent any kind of meaningful risk for this economy.”

Delta: After hitting an all-time high this Friday, Cramer wonders whether the rally is deserved. Thursday’s earnings report from the airline may shed light on its success or lack thereof.

“You know I think the airlines are still undervalued. However, I do wish that Delta’s stock would take a break from its take-off ahead of the quarter,” the “Mad Money” host said.

Citigroup: Cramer thinks this bank, under the leadership of CEO Michael Corbat, was the ultimate winner of the Fed’s recent stress and capital tests.

“I think its stock dramatically undervalues the overall enterprise ,” Cramer said, looking ahead to its Friday earnings report. “It’s a sterling example of what I think is cheap even when the broader market may spook people.”

JPMorgan: A bustling, $333 billion business with over 240,000 employees worldwide, JPMorgan seems to be heading for a strong earnings delivery on Friday.

“The stock sells at just 14 times earnings despite its terrific growth, fortress-like balance sheet, [and] good management. All I can say is I hope that when JPMorgan reports, the stock comes down so on Friday evening’s show next week I can say to buy it and reiterate Monday morning,” Cramer said.

Wells Fargo: “Problematic,” Cramer said of the bank, which will report earnings along with its competitors on Friday.

The “Mad Money” host predicted that because of recent scandals, Wells Fargo might hesitate to show meaningful growth in its report for fear of regulators thinking it is using illegal tactics again.

“Here’s the bottom line: we get a fabulous prelude to earnings season today when the non-farm payroll number came out. I like the setup, especially because there are so many faux bulls … out there and a colossal number of bears in bulls’ clothing,” the “Mad Money” host said. “My take? It pays to be prepared for the downside, but understand that a solid employment number indicates that earnings could be better than expected, which means this market may have more room to run.”

Watch the full segment here:

Disclosure: Cramer’s charitable trust owns shares of PepsiCo, Citigroup and Wells Fargo.

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagramVine

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

Source: Investment Cnbc
Cramer's game plan: A good week for the bears in bulls' clothing

Comments are closed.