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Business'Headed into a calm before the storm moment here'

‘Headed into a calm before the storm moment here’

Next week might be a comparatively calm stretch for Wall Street, CNBC’s Jim Cramer stated Friday, however he suggested buyers to start out making ready for buying and selling days on the horizon.

“Get ready. After next week, the onslaught of earnings and the Labor Department’s all-important non-farm payroll number will strike,” the “Mad Money” host stated. “After a crazy up and down … week, we’re now headed into a calm before the storm moment here, and that storm could get a lot worse depending on what happens in China, where there’s no calm to be found at all.”

Here’s Cramer recreation plan for the week forward. Revenue and earnings-per-share projections are primarily based on FactSet estimates:

“Mad Money” host Jim Cramer’s record of pivotal market occasions for the week of Sept. 27.

Mad Money

Monday: Fresh perception into Evergrande

The struggling Chinese property developer Evergrande has, thus far, left buyers in limbo about whether or not it is going to fulfill its $83 million curiosity cost on its U.S. greenback bond, which had a deadline of Thursday. Concern about Evergrande’s monetary struggles spilling into the international economic system rattled markets early in the week, however worries improved all through the week.

“On Monday, we should get word about what will happen to the part of the Evergrande edifice that hasn’t been bailed out,” Cramer stated. “I think the government will make sure the big shareholders do get wiped out, and that includes management.”

“I fully expect to learn of the [government] regime’s new enemies when we return to work Monday morning,” he added.¬†

Tuesday: Earnings from Micron and Thor Industries

Wednesday: Earnings from Cintas and MillerKnoll

Thursday: Earnings from Bed Bath & Beyond, CarMax, Paychex and McCormick

Bed Bath & Beyond

  • Q2 2021 outcomes: Before the bell; convention name set for 8:15 a.m. ET
  • Projected EPS: $0.52
  • Projected gross sales: $2.06 billion

“Bed Bath’s quarter might not be a barnburner, but I think the redesigned stores will change peoples’ impression of this formerly fossilized institution,” the “Mad Money” host stated. “I like the prices. I like the merchandise. I like the management; I think the stock can go higher.”


  • Q2 2022 outcomes: Before the open; convention name slated for 9 a.m. ET
  • Projected EPS: $1.88
  • Projected income: $6.85 billion

“As long as there’s a chip shortage, the used car market will remain strong. That means CarMax should deliver a great number on Thursday,” Cramer stated. “But let’s not be too particular: I like AutoNation, I like Lithia, I like Carvana. If you’re inclined, you’ve got my blessing to buy CarMax ahead of the quarter.”


  • Q1 2022 outcomes: Before the bell; convention name scheduled for 9:30 a.m. ET
  • Projected EPS: $0.80
  • Projected income: $1.04 billion

“This payroll processor is incredibly well-run and consistent, yet it never gets the respect it deserves … because it’s hostage to the labor market and to short-term interest rates,” Cramer stated. “The stock tends to sell-off even after good results; buying Paychex into that weakness has been a great strategy.”


  • Q3 2021 outcomes: Before the bell; convention name at 8 a.m. ET
  • Projected EPS: $0.72
  • Projected income: $1.54 billion

“If you’re convinced that the economy’s slowing, you might want to buy some McCormick,” Cramer stated. “The problem, of course, is that while it sure seems to be getting stronger, well, they might lose business as the delta variant peaks … and people feel more comfortable going out to dinner again. I’d avoid it for the moment, even though I like it.”

Friday: Covid knowledge

“On Friday we tend to look back … and we see how Covid ‘did,'” Cramer stated. “We’ve had a couple weeks where things seem to have calmed down, and we may be nearing a bizarre herd … immunity, where everyone has either gotten vaccinated or gotten sick because delta is so catchable. I think the infection numbers will continue to improve.”


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