Historically, October has been an important month to the downside for the stock market. It was the month that kicked off the Great Depression in 1929 and Black Monday in 1987. But Jim Cramer wants investors to remember that it can be a bullish month, with this month as the best so far in 2015, even if Friday ended on a sour note.
"One thing is for certain, with the Fed on hold, earnings were once again able to drive stock prices. I know that sounds obvious, but until this earnings season came around, the performance of individual stocks were pretty much in thrall to the S&P futures," the "Mad Money" host said.
So with one more week of high profile earnings ahead, Cramer went down the list of stocks and events he will be watching.
Monday: Visa, Estee Lauder, ISM Manufacturing, FitBit
Visa: Cramer considers this company to be a machine. A fantastic earner that never misses and not enough of its good qualities are reflected in its stock. Based on some of the strange buying opportunities that market has created lately, like the moronic selling of Starbucks, Cramer is hoping for a buying opportunity on earnings.
Friday: Non-Farm payroll numbers
Non-Farm payroll: The Fed's strange statement this week was interpreted as meaning if employment weakens then it won't tighten in 2015. But if employment and November is strong, expect a tightening in December.
That means bullish investors should hope for a weak number, and bears should get ready to buy banks and sell high yielding stocks if they think the number is strong.
"Me? I just want to buy good stocks at my prices and hold them," Cramer said. (Tweet this)