At a certain point, all of the worrying over a potential exit of the United Kingdom from the European Union gets overwhelming. Jim Cramer is on Brexit overload.
"With all of this coverage, I think there is a real possibility that we could be taking something that isn't a big deal and turning it into one," the "Mad Money" host said.
If major countries were to default in Europe, yes that could lead to a real collapse. But the issue of a Brexit does not involve the U.S., yet to Cramer the worry has already rivaled the panic of the European crisis from 2008 and 2009. So, Cramer has decided to let everyone else do the worrying for him.
"I am choosing not to worry as much about a Brexit because everyone else is," Cramer said. (Tweet This)
While everyone else is waiting for a Brexit to play out, Cramer has been watching earnings. One thing he has noticed is that those numbers are either subpar, or are being received poorly.
The crucial stock to watch this week for Cramer is Microsoft, which recently announced it would acquire LinkedIn. The stock soared even higher on Tuesday and it indicated to Cramer that there is a scarcity of cloud, mobile and social stocks. It also begged the question of how long Twitter can stay independent. If Apple, Google or Facebook acquired it for $11 billion, perhaps those stocks could go higher, too.