Looming earnings from tech giants Facebook (FB) and Amazon (AMZN) will likely overshadow investor worries about tariffs.

That's the assessment from Kenny Polcari, a managing director with O'Neil Securities based on the floor of the New York Stock Exchange.

Facebook and Amazon are holdings of Jim Cramer's charitable trust Action Alerts PLUS.

More from Video

Cramer: Amazon Will Be an 'Outsized Winner' When Consumer Trends Shift Online

Cramer: Amazon Will Be an 'Outsized Winner' When Consumer Trends Shift Online

Jim Cramer's Candid Investing Advice: "How I Approach Any Stock"

Jim Cramer's Candid Investing Advice: "How I Approach Any Stock"

This Market is Comparable to Getting Into a 'Fist Fight'

This Market is Comparable to Getting Into a 'Fist Fight'

Jim Cramer Says Salesforce Is the Cloud King of Action Alerts PLUS

Jim Cramer Says Salesforce Is the Cloud King of Action Alerts PLUS

A Guide to Investing in the Fast-Emerging Cannabis Industry

A Guide to Investing in the Fast-Emerging Cannabis Industry