CNBC's Jim Cramer on Thursday guided investors through next week's Wall Street action.
CNBC's Jim Cramer on Thursday guided investors through next week's Wall Street action, saying to focus on new employment data.
He also highlighted Walt Disney's annual shareholder meeting where its bitter proxy fight with activist Nelson Peltz will come to a head.on Thursday guided investors through next week's Wall Street action, saying to pay attention to new nonfarm payroll data and Walt Disney's annual shareholder meeting, where its long and arduous proxy fight will come to a head.
"In my view, the market's now well-prepared for a hot employment number, so if the labor report is more lukewarm, we'll go into earnings season with a pleasant backdrop," he said. "Keep an eye on the employment report, because everything else that's coming next week pales in comparison — even the no-holds-barred Disney proxy fight.", an apparel maker known for brands including Calvin Klein and Tommy Hilfiger.
On Friday, the U.S. Department of Labor will release the nonfarm payroll report, and Cramer said he's expecting strong figures. To Cramer, the economy "still has a healthy head of steam," and there haven't been the mass layoffs many had expected. JPMorgan says 'all roads' of the AI boom lead to this global chip manufacturer that's trading at a 50% discountBlackRock says bitcoin returns likely to come down now that it has been embraced by Wall StreetThese stocks may have trouble living up to expectations for a big earnings turnaround this year
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