Cramer’s Game Plan for Tuesday
To Jim Cramer, Tuesday is all about the retail sector.
"Retail stocks have become horrendous performers of late, perhaps because of the storm, perhaps because of the newfound gloom from the looming "fiscal cliff," which might causes businesses to start laying off workers again and has definitely hurt small business creation because of the tremendous uncertainty it engenders," Cramer said. "So this is a huge day for the group."
(Read More: What Is the 'Fiscal Cliff?')
By the way, the "fiscal cliff" is a term used to describe how enacted legislation expires, calling for tax increases and budget cuts come January 1.
Cisco Systems will announce earnings after Tuesday's close.
"We are getting downgrades and whispers galore about how bad things are at Cisco, including a really worrisome piece of research from JPMorgan about how the company could slash its outlook because of weakness in the enterprise and government spending," Cramer said. "The stock's traded down in anticipation, but I don't expect a bad news rally here."
(Read More: Cisco Systems Is Not 'Dead Money': Pro.)
Elsewhere in the market, electronics retail Best Buy will host an analyst day. To Cramer, the meeting should be "comical as the company is challenged everywhere."
(Related: Best Buy Hits Reset to Win Back Wall Street.)
Health insurance provider Humana has scheduled its investor day for Tuesday. Its stock fell sharply after President Barack Obama beat Republican challenger Mitt Romney to win reelection. Cramer wants to learn about its game plan for Obamacare.
Read on for Cramer's Game Plan for the Rest of the Week