"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards will honor the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
Oil once again controlled the market on Friday. Jim Cramer found it so "breathtakingly stupid," he hesitated to admit that next week will depend on oil, too.
"A benign Fed and a decent oil inventories number on top of some oil freeze rumors, and we'll have ourselves a rally. However, all three have to happen to make it work," the "Mad Money" host said.
Cramer could not deny the correlation between the U.S. stock market and oil demand. Many investors assume that when slowing demand sends oil lower, the U.S. economy must be weak.
The linkage between stocks and oil will not break until investors stop making that assumption, Cramer said.
With this in mind, he shared the game plan of stocks and events he will watch next week:
Monday: GoPro analyst meeting, Ascena
GoPro: Investors fell in love with this stock too fast, and Cramer called it a cult stock in 2014. The stock fell hard last year until it bottomed out in the teens. Cramer thinks the company could have a good story to tell.
"I believe GoPro's stock has a one down two up opportunity, meaning that it could lose a point but most likely it will go up two in the wake of the meeting," Cramer said
Tuesday: Lennar, KB Home, FedEx, Adobe
Lennar & KB Home: Cramer did not know what to say about the homebuilders. He noted that the stocks are cheap, but no one seems to care. Toll Brothers CEO Doug Yearley appeared on "Mad Money" earlier in the week and said he saw a red-hot real estate market for the company. Cramer suspects the risk-reward could be positive for KB Home.
Wednesday: Fed day, Carmax, General Mills, Bed Bath & Beyond, Red Hat
The Fed: Recent weakness in the purchasing managers and retail sales reports seems to have slowed the move towards higher rates that Cramer thought would happen. So, while a surprise rate hike would hurt stocks, Cramer advised to stay the course with the knowledge that perhaps one rate hike this year will not disturb things as much as initially thought.
"These meetings are never non-events. However, the market tends to run up into them so beware of a quick post-Fed meeting sell-off and then if you want to start buying what you like, you might get a very good opportunity," he said.
Thursday: Autozone, Rite Aid
Rite Aid: With worries surrounding the Walgreens merger, Cramer thinks Rite Aid will have a weak quarter, as companies tend to lose focus when they are sold. He hopes it will sell a large chunk of stores to Kroger to solidify the deal.
Friday: Finish Line
This company previously underperformed against its competitor Foot Locker, until last quarter. Cramer expects another OK number when it reports. He recommended buying Foot Locker going into the quarter, then buying more if it gets hit on a Finish Line disappointment.
"This market is in the grip of oil. If oil goes down a bit more, the rumors of a production freeze will start, and that could lead to a snapback in crude, which makes me feel a little better about the market after a pretty torturous period," Cramer said.