Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
NEW YORK (TheStreet) -- The markets have a tough road ahead, Jim Cramer said on Mad Money Friday as he laid out his game plan for next week's trading. Cramer said the market needs both a stimulus plan from China and positive employment numbers here at home if it stands a chance at sustaining its gains.
That's why on Monday, Cramer said, he'll be watching China. The markets are hoping for a China surprise stimulus plan. If we get one the industrials will rally, he said -- but without one those recent gains could vaporize.
Then, on Tuesday, eyes turn to the U.S. with manufacturing PMI, construction spending and auto sales all hitting the tape. Cramer said if auto sales are strong he'd consider buying CarMax (KMX), which reports Thursday.Next on Wednesday, it's Monsanto (MON) reporting and an analyst day for Buffalo Wild Wings (BWLD). Cramer said he'd buy some Monsanto after they report and some Wild Wings ahead of the meeting. Thursday brings earnings from Micron Technology (MU), a stock Cramer said he's concerned about, and RPM (RPM), a chemical maker he's also fond of. Finally on Friday, it's the all-important non-farm payroll numbers. Cramer said he'd buy Bank of America (BAC) if numbers come in better than expected. Throughout the next two weeks Cramer will be watch the flood of no less than 16 initial public offerings coming to market. He said this supply will overwhelm demand and could take the markets lower as well. Only the IPO of GrubHub, debuting on Friday, remains attractive, he concluded -- but not as much as it did a week ago given the sheer number of deals on the way.
Off the TapeIn his "Off the Tape" segment, Cramer sat down with Bastian Lehmann, co-founder and CEO of the privately held Postmates, the local delivery company that has just about anything delivered to your door in less than an hour. Lehmann explained that Postmates does not carry any inventory of the items they deliver, rather "the city is our inventory." That inventory is then delivered by Postmates' network of 2,500 contractors in five cities.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV