Cramer's week ahead: This earnings week will be a 'tougher test'

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'This earnings week is 'chock full of tech stocks, including some household names that have run up substantially from their March lows,' the 'Mad Money' host said.

"February and March were hideous, so it's okay that April's giving us a bounce," the "It was just the 14th time that the Dow closed either up or down within 300 points in a single trading day since coronavirus fears struck the investment community in mid-February, sending the Dow down more than 38% from its peak close. During that same time period, the blue-chip average posted four-digit increases or declines in 15 sessions total.

"[W]e've had a series of positive earnings reports from the packaged goods stocks to the railroads and even a casino," Cramer said. "Next week's a tougher test because it's chock full of tech stocks, including some household names that have run up substantially from their March lows." Tuesday: PepsiCo, Caterpillar, 3M, Merck, Pfizer, Alphabet, Starbucks, Advanced Micro Devices earningsProjected EPS: $1.03

 

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We all know the earning will be hit hard, the question that remains is how we react when we see the disaster?

It’ll be a test to the traders and those who are “long-term investors”. How many will actually stay in?

S&P back to 2200 across the next month then YEEEEHAH off to the moon 👍 With the “every 10 years” adjustment behind us. Then another 10 year bull run 👍

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 /  🏆 12. in JP

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