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NEW YORK (TheStreet) -- We get the strongest employment number in ages and the stock market goes lower? Out of nowhere, after the open, interest rates reversed and went down, Jim Cramer told his Mad Money viewers, the opposite of what you'd expect off of a positive jobs report. The falling rates freaked out the buyers. Today's move into the red caught investors by surprise because the economy seems to be improving.
Cramer said today's drop in rates after a robust hiring report leads him to wonder if something else is at play here. Do bond guys know something? Are some investors worrying that someone knows something about Ukraine that they don't? Are these conspiracy theories or the real thing? Cramer considered these investor concerns as possible reasons that the market could go down.
Whatever happens over the weekend, Cramer doesn't want his viewers to buy on Mondays if the market is up on Monday. These type of purchases almost always end badly.
Meanwhile, on Monday Cramer will be watching earnings from Pfizer (PFE), which should bring good news if it can report that it will buy AstraZeneca (AZN) for north of $100 billion. This buy would cut the company's tax bill and add some new anti-cancer treatments to its portfolio. You could do worse than picking up Pfizer on any market weakness Monday.
Also Monday, take a look at EOG Resources (EOG), an interesting energy play. ChannelAdvisor (ECOM) and Tableau Software (DATA) also report Monday. Positive numbers from those two could reignite interest in the flagging Internet company sector.
Tuesday's earnings reports include FireEye (FEYE), which has, to put it lightly, traded erratically, Cramer said. It is down from $97 per share in March to just under $40 at Friday's close. Vicious insider selling has killed the stock. First Solar (FSLR), Disney (DIS) and Whole Foods (WFM) all report after the bell on Tuesday.
Cramer wants to hear that First Solar is putting together a new company with good yield, a conservative solar play that young people can love. From Disney, he is looking for a huge number off the success of the movie Frozen. If Disney is down on Monday, do a Frozen singalong and pick up the stock at a discount. Whole Foods is driving Cramer crazy. It can't get out of its own $49 way. The company needs to start cutting prices in the face of its increasing competition.
Wednesday brings earnings report from Allergan (AGN). It is up 48.3% in the last three months and is now the target of a hostile takeover bid. Cramer wants to see what the company does to protect its independence or seek a buyer more to its liking.