Jim Cramer is concerned with the extreme slowdown in the restaurant industry, which was confirmed by food service company Sysco (SYY) on its conference call.
Restaurant traffic continues to show year-over-year declines, with restaurant spending decelerating as well, Sysco said.
"That is just incredible to me. We have very good employment growth. We even at last have wage growth … I don't think we have ever seen that combination before. Not that I can recall," the " Mad Money " host said.
This kind of a decline simply doesn't occur unless there is an event that is keeping people indoors, and Cramer thinks it is all about the election. It is just too coincidental.
Cramer expects to see a quick reversal post-election, or that maybe investors still want to own a stock in the restaurant space that is winning. He recommended finding a restaurant worth betting on that likely had numbers compressed by the election, and buying call options that encompass the month of November.
With the stock market driven by politics lately, Cramer wants to get a sense of how it will behave after the election, regardless of who wins.
That is why he turned to Bob Lang, the founder of ExplosiveOptions.net, technician and colleague of Cramer at RealMoney.com, to find out what the charts predict the market will be like when a new President is elected.
Based on historical post-election patterns, Lang believes that the market is likely to improve until the end of the year. But Cramer warned that a post-election rally may not have the staying power to make it through the end of the year.
"Don't be complacent, because the big boys don't like this market for a host of reasons, not just the election, and while they might come back from the sidelines after today, the rest of the indicators say beware of any November rally," Cramer said.
Clinton and Trump may not agree on much, but Jim Cramer found that they are practically on the same page when it comes to national defense .
"Look, this shouldn't be a surprise. Every election year, defense is always the one thing that the Democrats and Republicans agree on. No politician wants to be accused of being weak on defense," Cramer said.
Every four years, Cramer knows he can anticipate candidates revealing plans of beefed-up defense spending. In fact, in every election year since 1992, the S&P Aerospace & Defense Index (NYSE Arca: .SPXSAD) has outperformed the broader market in the fourth quarter.
Another group that Clinton and Trump seem to agree on is for infrastructure. Usually in a presidential election Democrats want to invest heavily in infrastructure spending, and Republicans want to hold back to cut down the deficit.