CNBC’s Jim Cramer on Friday walked buyers via subsequent week’s notable Wall Road motion, pointing to quarterly reviews from Costco and KB Home, in addition to new financial information that would inform the Federal Reserve’s subsequent determination about rates of interest.

However whatever the week’s occasions, Cramer mentioned the Fed’s profitable begin to the easing cycle is main the market in a constructive route.

“We’re in a fee lower cycle now, okay, it is very totally different from, from the final couple years. So, the backdrop is now pleasant. Do not deal with it with hostility, please,” he mentioned. “When the Fed desires to be your buddy, the easiest way to attempt to earn money is by embracing the Fed’s friendship.”

Monday brings remarks from Atlanta Fed President Raphael Bostic and Chicago Fed President Austan Goolsbee, which Cramer mentioned may present extra details about why the central financial institution lower charges by 50 foundation factors as an alternative of a extra modest 25. However he mentioned the largest occasion of the day can be preliminary information about gross sales of Apple‘s new iPhone, which some analysts mentioned could disappoint. Cramer reiterated his “personal it, do not commerce it” mantra on the inventory.

On Tuesday, KB Residence will publish earnings and Cramer mentioned he hopes the corporate can make clear the state of the housing market, including that it is the “most intractable a part of the now-waning inflationary financial system.” Subsequent 12 months ought to be higher for the homebuilder than 2024 as a result of the Fed is reducing charges, he added. Additionally on Tuesday, pc developer Hewlett Packard will showcase a few of its new synthetic intelligence-enabled know-how.

Semiconductor outfit Micron will report earnings on Wednesday together with Cintas, which provides a spread of supplies, together with uniforms, to companies. Cintas could possibly present details about the state of small companies, Cramer mentioned. He additionally identified that Micron’s inventory has been crushed, and it could possibly be a great purchase right here.

Retail grocery large Costco reviews on Thursday, and Cramer can be being attentive to which merchandise are and are not promoting. He famous that its inventory has been performing properly and mentioned he thinks it’ll proceed to take action.

On Friday, the Commerce Division will launch the private consumption expenditures worth index, a key metric for the Fed as members weigh their subsequent rate of interest determination. Cramer mentioned these figures will set off “an entire new guessing sport” on Wall Road about what number of fee cuts — and by what number of foundation factors — the Fed will implement, if in any respect, over the following few months.