Jim Cramer Lists Catalysts for the Week
Tweet
Share
E-mail
CNBC's Jim Cramer has provided a list of catalysts that he is awaiting for during the week and what he believes needs to be announced for the market to become less volatile.
For September 26, he is looking to hear that the French have came up with a recapitalization plan, somewhat similar to the U.S. TARP bailout. Cramer is also hopping that German Chancellor Angela Merkel will spell out specifically her plan to save Greece or that the European Central Bank's President Jean Claude Trichet will announce a plan to cut interest rates.
If we get all three together, Cramer believes that stocks will rise substantially, but if we only receive one of the three it will depend on strong earnings for shares to rise.
For September 27, Cramer is looking at Walgreens (NYSE: WAG) to report some "fine" results as he believes management is doing a good job. After the bell, he will be listening to Jabil Circuit's (NYSE: JBL) conference to see if the slowdown in tech is finally over. With the company typically beating expectations, Cramer is predicting strong comments.
Paychex (Nasdaq: PAYX) also reports its quarterly earnings results after the bell and will offer some strong insight on the direction in which employment is moving.
On September 28 three large companies representing the restaurant, value retail store, and technology sectors will report their quarterly earnings. Darden Restaurants (NYSE: DRI) will report ahead of opening bell and Cramer is forecasting a turnaround in the company’s near-term future.
Family Dollar (NYSE: FDO) is also reporting its quarterly results ahead of the opening bell and remains one of Cramers top picks due to a continued squeeze on the middle classes pockets. "It could be in a heads you win, tails you win moment for FDO," he said while noting that there are a few hedge funds looking to strike if results are poor.
Micron Technology (NYSE: MU) reports is quarterly results following the closing bell and while Cramer does prefer company's in the tech sector currently, he warns investors to stay away.
For September 26, he is looking to hear that the French have came up with a recapitalization plan, somewhat similar to the U.S. TARP bailout. Cramer is also hopping that German Chancellor Angela Merkel will spell out specifically her plan to save Greece or that the European Central Bank's President Jean Claude Trichet will announce a plan to cut interest rates.
If we get all three together, Cramer believes that stocks will rise substantially, but if we only receive one of the three it will depend on strong earnings for shares to rise.
For September 27, Cramer is looking at Walgreens (NYSE: WAG) to report some "fine" results as he believes management is doing a good job. After the bell, he will be listening to Jabil Circuit's (NYSE: JBL) conference to see if the slowdown in tech is finally over. With the company typically beating expectations, Cramer is predicting strong comments.
Paychex (Nasdaq: PAYX) also reports its quarterly earnings results after the bell and will offer some strong insight on the direction in which employment is moving.
On September 28 three large companies representing the restaurant, value retail store, and technology sectors will report their quarterly earnings. Darden Restaurants (NYSE: DRI) will report ahead of opening bell and Cramer is forecasting a turnaround in the company’s near-term future.
Family Dollar (NYSE: FDO) is also reporting its quarterly results ahead of the opening bell and remains one of Cramers top picks due to a continued squeeze on the middle classes pockets. "It could be in a heads you win, tails you win moment for FDO," he said while noting that there are a few hedge funds looking to strike if results are poor.
Micron Technology (NYSE: MU) reports is quarterly results following the closing bell and while Cramer does prefer company's in the tech sector currently, he warns investors to stay away.
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkRelated Entities
Jim Cramer, Jean-Claude Trichet, European Central Bank, Hedge Funds, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
