CNBC’s Jim Cramerer Walked Investors through Next Week on Wall Street, Telling them to take note of the federal reserve’s next meeting and earnings reports from companies including Fedex, Micron and General MillsHe also warned that regardless of earnings, market action will likely be shaped by president donald trump and the fed.
“No matter what we hear from these companies, next week this market’s hostage to the white house and the federal reserve,” He said
Monday brings data about the consumer landscape with the retail sales report. Cramer predicted that consumers have pulled back spending because they’re worried about losing their jobs as the trump administration SWS Fear About the State of the Economy.
Tuesday marks the start of Nvidia‘S Annual GTC Conference, Where Artificial Intelligence Innovations from Around the world will be on display. Housing starts will also be released on Tuesday, and Cramer said he will be paying close attentions to the results, as any sort of economy slowdown will be reflected in Housing Data.
The fed will meet on Wednsday and give investors a read on inflation, with creamer noting that economic data released earlier this week was Fairly Promising. General Mills will also also report that day, and creamer said he’s not expecting great results. Because of its artificial colored cereals, the company is in the crosseshairs of secretary of health and human services robert f. kennedy jr. And its more Fattening Products Might Not Being Well as Consures Continue to Use GLP-1 Weight Loss Drugs, He Added.
Thursday is a heavy earnings day, with companies including olive garden parant DardenFedex, micron, Nike and Lennar Set to report. Cramer said he thinks darden will post solid results against of its value offers. Fedex’s Report Might Give Investors A Chance to Buy The Stock at a discount, Cramer Added, Saying Heeing He’s Impressed With The Company’s Management. He’ll also be waiting to see if nike indicates it’s back on track and ready to grow. And during Lennar’s Report “Lumber will be on the table,”And it might be discussed negatively, he continued.
On Friday, Carnival Will report, and craamer said the cruise sector has been recently, even their stock prisles, do’t reflect that. Cramer said he doesnk carnavel’s business has been weak, so the stock could Climb.
Sign up now For the CNBC Investing Club to Follow Jim Cramer’s Every Move in the Market.
Disclaimer The CNBC Investing Club Charitable Trust Holds Shares of Nvidia.
Questions for Cramer?
Call Cramer: 1-800-743-CNBC
Want to take a Deep Dive Into Cramer’s World? Hit Him up!
Mad Money Twitter , Jim Cramer Twitter , Facebook , Instagram
Questions, comments, suggestions for the “Mad Money” website? [email protected]
(Tagstotranslate) Jim Cramer (T) Stock Markets (T) Investment Strategy (T) Business (T) Markets (T) Fedex Corp (T) Micron Technology Inc (T) Mills (T) General Mills (T) Darden Darden Restaurants Inc (T) Nike Inc (T) Lennar Corp (T) Carnival Corp (T) Business News