“I need you to expect brutal days to come”

CNBC’s Jim Cramer warned investors on Friday that there could be more sales next week.

“Considering the nature of September, you should expect next week to feel less like the decent action this morning and more like the ugly sale this afternoon, although there might be some downsides. individual bright spots, ”said the host of“ Mad Money ”. . “I don’t mean to be depressing here, but as I keep saying, I need you to expect brutal days to come and not get dragged into those morning gatherings.”

Here’s Cramer’s game plan for the next five trading days:

Cramer said Friday’s phone call between President Joe Biden and Chinese leader Xi Jinping likely boosted morale in tech hardware stocks, especially in the semiconductor industry, as investors want the tensions cool between the world’s two largest economies.

He said he would watch to see if there was a larger tech rally on Monday. “I’m afraid September will just loosen its bearish grip on the stock market narrative as easily,” Cramer said.

Overall, Cramer said it was a “fairly quiet week” outside of the political and judicial realms. However, he said he would watch to see what Zoom had to say during his all-virtual conference.

“Zoom has to show us that it can grow aggressively with new products and acquisitions. Without that, I’ll tell you, I think the stock might even return its gains of the last two days,” he said. he declares.

Additionally, Cramer said Oracle’s earnings after Monday’s close are noteworthy, given the company’s nearly 39% rebound so far this year. “It is rising much faster than its rate of growth,” he said. It might not matter though. There is a halo after years in the doghouse; the halo comes from its inexpensive nature compared to its incredibly expensive colleagues.

Crocs shares have risen 130% year-to-date, and while Cramer said it might seem extraordinary at first glance, it’s because the shoe maker has “consistently beaten the numbers.”

” Why ? How about knowing when the company hosts an analyst meeting. . . I think there will be a lot of people and profit estimates will be outdated. [higher] the next day, ”Cramer said.

Cramer said he believes analysts’ conclusions from Cisco Investor Day may be similar to what happens after the Crocs meeting the day before.

“A Morgan Stanley analyst just downgraded the stock yesterday. Don’t you think that’s brave given this excellent set of orders in his last report. I bet the bulls will win this battle,” said To screw up.

“Yom Kippur, the day of Jewish atonement, falls on Thursday. It’s traditionally a day when businesses and analysts shy away from doing anything major, ”Cramer said. “But the federal government releases the retail sales numbers and if they’re low you can blame Covid and buy Amazon stock. It’s still the default stock to buy, right, when physical stores are showing weakness. “

The University of Michigan’s Key Consumer Sentiment Index is due for release Friday morning, with consensus forecast calling for a September reading of 71.3, according to FactSet. The final August reading of 70.3 was a pandemic era low.

“Have people become more pessimistic about a resurgence of the virus? Let’s take a look at the numbers,” Cramer said.

Finally, Cramer said he would keep an eye on the results of English football club Manchester United, in part due to the popularity of the show “Ted Lasso” on Apple TV +.

“I think football, or football as they call it, could see a resurgence of interest globally and we lack the means to invest in it. There is no better way than to own a hunk of the Premier League’s leading team, ManU, ”Cramer mentioned.