The market has been volatile this past week.
Jim Cramer wrote up an investing checklist for investors who are spooked by the volatility, and he weighs in on PVH's (PVH) - Get Free Report disappointing quarter. And, of course, he told investors what he's watching for when Uber (UBER) - Get Free Report reports earnings.
In his morning Real Money column, Cramer broke down everything investors should consider before making a move.
Why did he choose now to give investors a playbook? Cramer says that it's become harder than ever to find a reason to buy so it's time to take a step back:
What do I mean by checklist? It hasn't been explicitly fleshed out, but let me give you the schematic of the brains of all the big portfolio managers who are coming in to work each day to make decisions about what to buy and what to sell. For the record, it is really more of the latter because they have so little spare cash as investors keep pulling money out of active manager funds and putting them in passive vehicles or not investing at all but staying in short-term instruments.
Real Money's Stock of the Day, PVH, reported earnings Wednesday night.
The company beat analyst expectations for their first-quarter earnings, but shares promptly fell after the company announced that it was cutting guidance, noting particular "softness" in U.S. and China retail.
PVH said adjusted earnings came in at $2.46 per share, beating analyst expectations by a penny.
"As such, we believe it is prudent to factor this into our updated full-year earnings outlook. We remain confident that we are in a strong position to gain market share as we deliver against our strategic priorities," said CEO Emanuel Chirico. "As we continue to invest in the strategic areas of the business that address the increasingly dynamic and ever-changing consumer landscape, while also taking a more nimble approach to react to emerging business trends, we see a significant opportunity to deliver long-term value for our stockholders."
Uber's First Earnings Report
Uber will be reporting its first earnings report as a public company after the bell Thursday.
The company has been in the doghouse with investors since the IPO, and the company hasn't even hit its pricing estimate of $45.
TheStreet's Annie Gaus broke down what investors should be watching in her Uber lookahead.
And, hint, Cramer's taking a look at the other businesses -- not just the ride-sharing.
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