At the top of Friday's "Mad Money" program, host Jim Cramer looked at a few stocks that were reporting earnings this week. He noted that on Tuesday we get earnings from Nike Inc. (NKE) , a company that may be able to provide insight into how quickly China is getting back online. Let's check out the charts of NKE here on Monday.
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I have no false illusion about striking it rich in this name, but a staple such as this can have a place in my portfolio.
In the short term, market direction is going to be dictated by reaction to extremely poor economic news.
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