CNBC's Jim Cramer reviewed next week's top market-moving action, which kicks off with earnings from PepsiCo and an investor day from General Motors.
He also highlighted upcoming CPI data and a slew of earnings reports as the season begins, including ones from Delta, Domino's and several major banks."A market that appreciates good news, like a robust job creation number, is a market that can handle, well, let's just say, the historically tough month of October," he said."After today's performance, all I can say is so far so good.".
On Wednesday, the Federal Open Market Committee will release notes from its most recent meeting, and Cramer said they could shed light on the central bank's decision toby an aggressive 50 basis points. Wall Street, he said, continues to speculate about the Federal Reserve's next move, adding that opinions are mixed, especially after Friday's strong labor data.
The labor department will release September's CPI report on Thursday, and Cramer said investors who want a rate cut are hoping for a cool number. Thursday also brings earnings from Domino's and Delta. The pizza maker's last quarter was disappointing in part due to weak business overseas, Cramer said, adding that analysts are mixed about how this report will shake out.Sign up for NBC New York's News Headlines newsletter.will hold analyst days.
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