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Jim Cramer’s week ahead: Get ready to ‘pounce’ when the market is oversold

Stocks gained on Friday but finished a volatile week lower, with losses spurred by hotter-than-expected economic data, the Federal Reserve’s 75 basis point rate hike and its hawkish rhetoric on inflation. Cramer said that he’s watching for the consumer price index release next week, along with slated speeches from Cleveland Fed President Loretta Mester that could further shake the market. He also previewed next week’s schedule of earnings for companies including BioNTech, Disney, Take-Two Interactive, Toast, GlobalFoundries, Matterport, Toast and Wynn Resorts. The Charitable Trust is ready to buy more shares of Disney if it comes down enough, he said. He said that while AMC could turn a profit in its latest quarter, he wouldn’t bet on . . .

Read more at www.cnbc.com