Cramer's week ahead: There could be 'real signs' for the Fed to slow down

Cramer said that next week's earnings and economic data releases could be good news for the Federal Reserve.

"We will see some real signs that the Fed's winning its war on inflation, and they can, therefore, ease up on the rate hikes going forward." He wouldn't be surprised if the market got it right.

The next meeting of the Federal Open Market Committee is expected to conclude with a 0.75 percentage point interest rate increase.

He said that the Fed needs to see that many people are losing their jobs.

Cramer gave a preview of next week's earnings. Earnings and revenue estimates are provided by FactSet.

Eli Lilly is on Tuesday.

Eli Lilly is a fictional character created by Eli Lilly.

• Q3 2022 earnings release at 6:25 a.m. ET; conference call at 9 a.m. ET
• Projected EPS: $1.91
• Projected revenue: $6.89 billion

He said that health care stocks are some of the new market leaders.

Is it possible to get a taxi?

• Q3 2022 earnings release at 7:05 a.m. ET; conference call at 8 a.m. ET
• Projected loss: loss of 18 cents per share
• Projected revenue: $8.11 billion

Cramer thinks that if the company reports that there are plenty of drivers but customers can't afford rides, that will be good news for the Fed.

There is an energy company calledDevon Energy.

• Q3 2022 earnings release at 4:05 p.m. ET; conference call on Wednesday at 11 a.m. ET
• Projected EPS: $2.12
• Projected revenue: $4.16 billion

He warned against buying shares of oil companies when the economy is weak.

There is a computer chip called aAMD.

• Q3 2022 earnings release at 4:15 p.m. ET; conference call at 5 p.m. ET
• Projected EPS: 70 cents
• Projected revenue: $5.69 billion

Cramer wants to know if the market share of the two companies is the same.

On Wednesday: Humana.

The person is humana.

• Q3 2022 earnings release at 6:30 a.m. ET; conference call at 9 a.m. ET
• Projected EPS: $6.27
• Projected revenue: $22.82 billion

There is a pharmacy

• Q3 2022 earnings release at 6:30 a.m. ET; conference call at 8 a.m. ET
• Projected EPS: $2
• Projected revenue: $76.74 billion

I'm afraid that it's a Covid play. Cramer said that Humana is a post- Covid darling.

There is a company called "QUALITY."

• Q4 2022 earnings release at 4 p.m. ET; conference call at 4:45 p.m. ET
• Projected EPS: $3.14
• Projected revenue: $11.33 billion

He wouldn't be surprised if the stock went up even if the guidance was cut.

Starbucks and DoorDash are on Thursday.

There is a coffee shop called Starbucks.

• Q4 2022 earnings release at 4:05 p.m. ET; conference call at 5 p.m. ET
• Projected EPS: 72 cents
• Projected revenue: $8.32 billion

The company is expected to report a good quarter.

It is possible to pay with a credit card.

• Q3 2022 earnings release at 4:15 p.m. ET; conference call at 5:30 p.m. ET
• Projected EPS: 96 cents
• Projected revenue: $6.81 billion

Cramer thinks that PayPal has a chance to regroup as their flagging days have probably ended.

There is a car called Door Dash.

• Q3 2022 earnings release at 4:05 p.m. ET; conference call at 5 p.m. ET
• Projected loss: loss of 59 cents per share
• Projected revenue: $1.63 billion

He said that people aren't getting their food delivered as often as they used to because of the Covid epidemic.

Cramer's Charitable Trust owns shares of several companies.

Jim Cramer's Guide to Investing can be downloaded for free to help you build long-term wealth.