Jim Cramer: This is the most overwhelming week of earnings season

"You need to understand that this week is about one thing and one thing only: it's about earnings. First time it's been like that in a while," the "Mad Money" host said. Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6

CNBC’s Jim Cramer on Monday gave investors his thoughts on what’s to come in a jammed-pack week of corporate earnings reports.

“You need to understand that this week is about one thing and one thing only: It’s about earnings. First time it’s been like that in a while,” the “Mad Money” host said. “This is the most overwhelming week of earnings season, when a ridiculous number of companies report at the exact same time.”

Stocks traded higher on Monday and the technology sector led the way with the Nasdaq Composite posting a 1.67% gain, settling at 10,536.27 at the close. The Dow industrials index moved almost 115 points, or 0.43%, to 26,584.77 and the S&P 500 broad index climbed 0.74% to 3,239.41

Some of the biggest names in tech are set to report quarterly earnings later this week. These reports will reveal the temperature of the market, Cramer said.

Amazon, Apple and Alphabet are some of the headliners this week and the host said he expects that they all will “disappoint.”

“Is FANG still investible? Should we look elsewhere for gains? This is the week we find out,” he said.

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