Jim Cramer looks ahead to this week's market game plan

Summary

Jim Cramer's 'Mad Money' discusses the turbulent tech market and the potential short-term peak for big tech stocks. He emphasizes the importance of a game plan amidst fluctuating market conditions. Cramer also previews upcoming earnings reports from companies like Carnival, FedEx, and Chipotle, highlighting concerns and expectations. He touches on the impact of Treasury auctions on the stock market and the upcoming presidential debate. Cramer advises viewers on stock positions, including NVIDIA and Chipotle, and discusses the potential of General Mills and Levi Strauss & Co. amidst market challenges.

Takeaways

• 📈 Jim Cramer's mission is to help investors make money and find bull markets.
• 💻 The tech sector, particularly semiconductor leaders, is facing a tough time with significant market losses.
• 🚢 Carnival is set to report earnings amid a booming travel sector, but its stock has dropped over 11% despite strong bookings.
• 📊 FedEx is expected to report a decent quarter, but concerns about the Federal Reserve keeping rates high persist.
• 📈 A stock that surged over 14,000% is now trading under $3200, which may be too high for some investors.
• 🌮 Chipotle faces potential cost increases due to inspections, but Cramer maintains his position in the company.
• 🍞 General Mills and Blue Buffalo are set to report, with Blue Buffalo's performance being particularly noteworthy.
• 👖 Levi Strauss has had a strong run under CEO Michelle Goss, and the company's upcoming earnings report is anticipated.
• 🏦 Jeffries Financial is expected to deliver a good quarter, but stress test results could impact banking stocks.
• 🛒 Walgreens' earnings report is expected to be significant, with speculation about the CEO's potential strategies.
• 📉 Treasury auctions are becoming increasingly important, with the upcoming 44 billion auction of seven-year notes being a key focus.

Q & A

What is the primary goal of the host of 'Mad Money'?

The primary goal of the host of 'Mad Money' is to make money for the viewers and to level the playing field for all investors.

What market trend is discussed at the beginning of the script related to the semiconductor leaders?

The script discusses that the semiconductor leaders of the market are being hammered once again, suggesting a possible short-term peak for tech stocks.

What is the upcoming event for Carnival Cruise Lines and what is the current market reaction?

Carnival Cruise Lines is set to report its earnings tomorrow morning. Despite strong bookings and booming travel, Carnival's stock is down more than 11%, indicating a potential market skepticism about future performance.

What is the concern regarding FedEx's upcoming earnings report?

The host of 'Mad Money' expects FedEx to have a decent quarter, but the main concern is that the Federal Reserve has kept rates high, which could impact the company's bottom line results.

What significant increase has been mentioned for a stock and what is the peculiar situation with its trading price?

A stock has increased by more than 14,000% but trades at just under 320, which is considered too high a dollar amount for most to buy, indicating a potential limitation in its market accessibility.

What is the host's stance on Chipotle despite inspections threatening to drive up costs?

The host maintains his position on Chipotle, stating that he will not deviate from his position and will not trade it, despite the potential impact of increased costs due to inspections.

What is the potential impact of General Mills' earnings report on the market?

General Mills' earnings report is seen as a quandary because although the business is usually vulnerable to weight-loss trends, it has been performing well. A strong earnings report could change the market setup.

What is the significance of the upcoming stress test results for Jeffries Financial?

The stress test results are significant for Jeffries Financial as they will be released at 4:30 P.M. and could indicate the company's vulnerability or strength, potentially affecting the stock's performance.

What is the host's view on the Federal Government's purchase of drones?

The host notes that the Federal Government has been slow in purchasing drones, which could be a missed opportunity, but he suggests that AVA might be a better investment in this area.

What is the expected outcome of the 44 billion auction of seven-year paper and its potential market impact?

The auction of seven-year paper is considered dicey due to the large amount of bonds being offered. It could lead to treasury funds rising and potentially hammering the stock market if there is too much spare money going elsewhere.

What is the host's advice for a caller who is down about 30% on a position in a company?

The host advises not to buy more of the stock in question, as he believes the upcoming quarter will not be good, but he also does not want the caller to abandon the position entirely.