He'll be following earnings from companies including Home Depot, Alibaba and Walmart, as well as listening to commentary from Cleveland Federal Reserve Bank President Loretta Mester.on Friday guided investors through next week's market action, telling them to pay attention to a number of earnings reports, including
He also suggested remarks from Federal Reserve officials will continue to shape the market, saying investors should tune in to Monday to commentary from Loretta Mester, the president of the Federal Reserve Bank of Cleveland. "The more these Fed officials entertain us with their hawkish commentary, as long as they keep us on the edge of their seats, the more likely it is that the Fed can cut rates in the not-too-distant future," Cramer said. "The more we hear from these hawkish officials, the worse the economy gets, and eventually we all win because the Fed needs a soft economy before it can cut."
On Tuesday, Cramer will be waiting for quarterly results from Home Depot and said he hopes the retailer will announce some rollbacks, as consumers want companies that battle inflation. Alibaba also reports that day, and Cramer said if the quarter is good, Wall Street may be more inclined to buy Chinese stocks.
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