Jim Cramer's top 10 things to watch in the stock market Wednesday

My top 10 things to watch Wednesday, May 20 1. Stock futures are higher this morning ahead of Nvidia earnings after the close. The S & P 500 is riding a three-day losing skid. President Donald Trump said yesterday that the U.S. would end the Iran war "very quickly," kicking off a similar pattern in the market. Trump gives these hints of the war being over soon, oil goes down a little, interest rates go down a little, and futures go up a little. 2. We finally hear from Club name Nvidia tonight. Thankfully, shares have cooled a bit after last Thursday's record close at almost $236. Beat and raise is the minimum to have any chance at a post-earnings rally. But don't be fooled by the first move once the numbers hit. Can be misleading. The conference call, where we get more color on the guide and demand, is revelatory. 3. The Street is looking to fade Nvidia. There is still amazing skepticism that the stock can keep the run up given Amazon and Google's desire to break away from Nvidia with their own in-house chips. Nvidia has to redefine what it is aspiring to do and demonstrate that it has a much larger total addressable market. 4. Lots of powerful AI announcements yesterday from Alphabet 's Google, including more AI being infused into traditional search. …