On Tuesday, September 27, investors will get quarterly results from Nike and remarks from Federal Reserve Vice Chair Stanley Fischer.
Jim Cramer says Nike is feeling the pressure from Adidas and Under Armour.
Nike is facing several headwinds right now that could continue to weigh on its stock.
Jim Cramer says Nike could still go up long term, but it has some competition now. But Cramer says he does like Foot Locker.