With only 38,000 hires, Friday's job report left May's employment picture looking way too cool.
Here's what Cramer will be eyeing this week:
- The dollar: Cramer sees the dollar staying weak, especially if strong German factory orders on Monday keep the euro strong.
- Food: United Natural Foods, a natural and organic food company, reports earnings Monday, and Cramer thinks its a sub-optimal organization. Looking at the fundamentals, he said he'd be a buyer of WhiteWave instead. Meanwhile, he thinks spirits company Brown-Forman doesn't get its due, and J M Smucker can sell coffee and pet food no matter where employment falls. Then there's restaurant chain Brinker, the company behind Chili's. Cramer's sitting tight to hear the results of its analyst meeting next week.
- Retail: There's a divide in retail right now between value and luxury brands, and Cramer is watching companies on both the high and low ends of the spectrum. He's a fan of Restoration Hardware and Ralph Lauren, while he's kicking the tires on Michaels Companies and Dave and Busters. Mattress Firm and Lululemon also report earnings next week.
- Valeant: Cramer is looking forward to more news from Valeant, as it makes changes to its drug prices amid controversy.
Read more from Mad Money with Jim Cramer:
Cramer Remix: Why the June swoon strategy doesn't work
Cramer's battle of old vs new technology: Why the charts say you need both
Cramer: Love Tesla? Here's your play on the connected car
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