What follows is “ Mad Money ” host Jim Cramer’s “Game Plan” for the week of Monday, April 16.
MONDAY, APRIL 16
The week begins with an earnings report from Citigroup, which is scheduled to announce its results before the opening bell. Cramer hopes the New York-based financial institution will report overseas growth, a cleaner balance sheet and some kind of plan to return capital to shareholders, such as a dividend or stock buyback. If Citi doesn’t have any good news, though, Cramer thinks the banking sector will continue to languish.
TUESDAY, APRIL 17
Goldman Sachs will deliver its earnings results before the open. For the first time, though, Cramer has “no idea” how the investment bank will do.
“It's become a total black box,” Cramer said. “My thinking, though, is that the company has grown so conservative that even if they report a good number, they will be less than enthusiastic when they explain the quarter on the conference call.”
If the financial institution doesn’t report some positive news, Cramer thinks it could be a down day for the banks.Page 1 of 5 | Next Page