Cramer can recommend any number of stocks for next week’s Game Plan, but in the end their success depends solely on the 10-year Treasury note, he says.
If the bond continues its downward trend, the yield will grow, making it a more attractive investment vehicle. The yield is already over 5%, and if it climbs even higher Cramer thinks investors should steer clear of stocks.
But if the 10-year gives back its gains on Monday, that paves the way for companies like Lehman Brothers, Bear Stearns and Goldman Sachs to earn Home Gamers some money. All three financials report next week, and Cramer expects great things.