Cramer’s week ahead: ‘I am urging you not to be a hero’ while the Fed battles inflation

Cramer said on Friday that investors shouldn't add to their portfolios until the stock market and economy calm down.

The economy is a runaway train and the Fed may blow up the tracks to stop it. It will be safe to purchase when they explode. He urged you not to be a hero until that day.

Cramer said that the producer price index and consumer price index due next week could shed more light on the state of inflation and the Feds next moves.

The September jobs report signaled that the job market is improving even though the central bank is increasing interest rates.

There is a chance that this is the last red-hot employment number, in which case the Fed will tighten up and cause a lot of damage.

Next week, Cramer will preview the earnings. Earnings and revenue estimates are provided by FactSet.

Wednesday: Frito Lay.

• Q3 2022 earnings release at 6 a.m. ET; conference call at 8:15 a.m. ET
• Projected EPS: $1.84
• Projected revenue: $20.81 billion

Cramer wants the company to report that its costs are going down.

Domino's Pizza, Walgreens, and Delta Airlines are on Thursday.

Delta is an air carrier.

• Q3 2022 earnings release at 6:30 a.m. ET; conference call at 10 a.m. ET
• Projected EPS: $1.55
• Projected revenue: $12.90 billion

Cramer thinks the company is worried about oil prices.

The alliance of Walgreens and Boots.

• Q4 2022 earnings release at 7 a.m. ET; conference call at 8:30 a.m. ET
• Projected EPS: 77 cents
• Projected revenue: $32.09 billion

Domino's is a fast food restaurant.

• Q3 2022 earnings release at 7:30 a.m. ET; conference call at 10 a.m. ET
• Projected EPS: $2.98
• Projected revenue: $1.07 billion

He thinks Domino's and Walgreens are having worker shortages.

It is referred to as "Blackrock."

• Q3 2022 earnings release at 6:15 a.m. ET; conference call at 8:30 a.m ET
• Projected EPS: $7.64
• Projected revenue: $4.3 billion

Cramer said he would be buying the stock if the company reported good results.

Morgan Stanley and Wells Fargo are on Friday.

The bank is called JP Morgan Chase.

• Q3 2022 earnings release at 7 a.m. ET; conference call at 8:30 a.m. ET
• Projected EPS: $2.92
• Projected revenue: $32.13 billion

Well Fargo is a bank.

• Q3 2022 earnings release at 7 a.m. ET; conference call at 10 a.m. ET
• Projected EPS: $1.10
• Projected revenue: $18.76 billion

Morgan Stanley is a financial services company.

• Q3 2022 earnings release at 7:30 a.m. ET; conference call at 9:30 a.m. ET
• Projected EPS: $1.52
• Projected revenue: $13.24 billion

It is possible that the banks can make a killing without having to worry about bad loans.

The United Health Group.

• Q3 2022 earnings release at 5:55 a.m. ET; conference call at 8:45 a.m. ET
• Projected EPS: $5.43
• Projected revenue: $80.52 billion

He expects the stock to fall if the results are not perfect.

Morgan Stanley and Wells Fargo are owned by Cramer's Charitable Trust.

Jim Cramer has a guide to investing that you can download for free.