This week was a tough one for Jim Cramer. With exception of the Kraft's takeover bid from Heinz, there wasn't too much positive news circulating in the market. Yet somehow leaders in the biotech and semiconductor spaces showed signs of life on Friday. Could they be making a comeback?
Cramer does not anticipate that next week will be as tough, but it will be bizarre. The only big news next week is the Labor Department's nonfarm payroll report, which comes out on Friday, when the market will be closed.
"Sometimes, when you're a stock junkie, like me, you search for clues anywhere you can get them. And on slower days you bear down and truly get the skinny on something else no one knows," the "Mad Money" host said.
With the need to think outside of the box next week, Cramer elaborated on his radar for the coming days:
Friday: Nonfarm payroll numbers
Cramer cannot emphasize enough just how important employment figures will be. Especially considering the fact that last month's employment report was very strong, and then there haven't been any strong economic numbers of importance that have been announced since.
Some investors what to see a number that resembles the weak statistics of the other numbers announced, because they fear that a strong economy will prompt the Fed to raise rates.
"Don't fear the Fed; fear the prospect of the economy downshifting from 2.2 percent gross domestic product number we got for the fourth quarter today," he said.
Cramer anticipates that unless there is a pickup in business for the industrial companies that are set to report next month, the strong dollar could create chaos. However, if there is employment growth that will at least give some optimism in what Cramer thinks will be a very disappointing earnings season.