What Cramer Watches Tuesday – Walmart Wreckage, Dow Stock Dividends, Major Media Cuts

Customers outside a Walmart store in Torrance, California, U.S., on Sunday, May 15, 2022. Walmart is due to release earnings numbers on May 17.

Bing Guan | Bloomberg | Getty Images

What I’m looking forward to on July 26, 2022

The club that holds Walmart (WMT) is canceling the apparel again, announcing a massive earnings warning after the closing bell on Monday. You should ask does Walmart have a handle on things? A long trusting name, is it time to let go of these guys? What is the real culprit? Do you spend a lot of money on food and gasoline? Or is it economic because American Express (AXP) is on the rise. Or is he traveling because crossing the border and AMEX is on top? Is it a change of style as people spend less on clothes? Were they dressed two years ago? Do they buy online? All of these questions are ready to be grabbed especially because clothes in malls are doing poorly too.

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