Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
Chinese overseas investment growth will likely slow or even decline in the next few years as risks around the world increase, according to new research by Moody's Investors...China Economyread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
Morgan Stanley upped its price target on the stock to $247 from $231 Monday, which triggered the stock to rally 2.3% during the session.
"One thing's for sure after this run, it would be a mistake to buy Apple going into the quarter, unless you get a meaningful pullback beforehand, the "Mad Money" host said. "The gulf between the bulls and the bears is just too wide for us to game Apple."
Cramer has stressed that buying the stock of a company before it reports earnings is a risky venture. He called the bullish take from Morgan Stanley equity analyst Katy Huberty a "bold move."
Huberty wrote in a note that Apple is an "attractive setup into earnings," predicting that the company's services business could have grown more than 16% against the backdrop of negative investor sentiment and conservative guidance.
Still, at least one Apple analyst at Sanford Bernstein thinks there may be weakness in the services segment and that it would grow about 12%, Cramer noted.
"We hate it at 'Mad Money' when stocks run [going] into earnings ... the reaction of a stock to what we call the 'print' will often depend on what it's done beforehand, and that comes down to these kinds of calls," Cramer said.
"If Apple fails to raise estimates, if it doesn't talk up its service business, you'll find yourself on the wrong side of the trade," Cramer said. "If the quarter's good, you've already borrowed some of that upside, if it's bad, look out below."
Still, the host recommends investors sit on the sideline and digest Apple's report. It's a stock he always says you must own and never trade.
In the event that the stock takes a hit after the conference call, "you'll be able to buy some more into weakness. Maybe at much lower prices than where it went out today."
Cramer also warned that Wall Street analysts have an "outsized ability, right now, to move stocks, particularly tech stocks," during earnings season. The analysts played a heavy hand in the 17-point gain on the Dow Jones Industrial Average, 0.28% run in the S&P 500 and the 0.71% increase on the Nasdaq Composite.
It was "a big victory for the bulls," he said.