Jim Cramer's 'Mad Money' Recap: Here's What I'm Watching Next Week

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October looks poised to start with a good head of steam, Jim Cramer told his Mad Money viewers Friday, as he outlined his game plan for next week's action.

On Monday, Cramer said he'll be waiting to hear if there's an agreement between Deutsche Bank (DB) and the regulators, something that could send the market roaring if the settlement comes in near the rumored $5.4 billion. He'll also be looking at the latest manufacturing ISM number, which if strong will send the Federal Reserve watchers to call for immediate interest rate hikes.

Next, on Tuesday, it's back to earnings with Darden Restaurants (DRI) and Micron Technology (MU) . Cramer said he'd buy some Darden ahead of earnings, and buy more if it gets clobbered, because of its bountiful 3.6% yield. He also felt Micron could head higher.

Wednesday brings earnings from Constellation Brands (STZ) , Monsanto (MON) , RPM International (RPM) , makers of Rustoleum paints, and Yum! Brands (YUM) . Cramer is a fan of all four.

The only bear of the week comes on Thursday with Helen of Troy (HELE) . Cramer said investors that want cosmetics should stick with Ulta Salon (ULTA) .

Finally, on Friday, we're back to economic data with the U.S. non-farm payroll numbers, along with German industrial production and Chinese PMI reports. Cramer said bad is good when it comes to our non-farm payroll report, and weakness in the German data may spark some much-needed stimulus in Europe. As for the Chinese numbers, Cramer said he expects those to be stronger than expected.

A Market in Markets

There's always a bull market somewhere, Cramer reminded viewers, and lately that bull market has been in the stock market itself. Stock exchanges including CME Group (CME) , which owns the Chicago Mercantile Exchange; Intercontinental Exchange (ICE) , which owns the New York Stock Exchange; and the self-described Nasdaq  (NDAQ)  have all been quietly soaring thanks to a huge wave of consolidation.

The Achilles heel of the exchange stocks has always been competition, Cramer explained. But after getting crushed during the recession, the exchanges started a wave of mergers, which has had their stocks rallying since 2012.

Of the three, Cramer said he prefers ICE and Nasdaq, both of which are more diversified and less susceptible to fluctuations in trading volume. ICE in particular scored a huge win when it announced the acquisition of the data service unit of IDC in October 2015 for $5.2 billion. This has allowed the company to win a ton of new business, Cramer said, that will continue to help it grow.

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