Jim Cramer sees 2 possible “speed bumps” for actions. This is how he prepares – .

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Jim Cramer says Fed policy tightening should be low on investor worries list – .


CNBC’s Jim Cramer has said Wall Street may encounter a few “speed bumps” before closing 2021 on a high note, so he’s raising funds to strategically deploy in potential weakness.
“As long as [Fed Chief] Jay Powell isn’t threatening us with a series of staggered rate hikes… and as long as he recognizes that some of this inflation is indeed transitory… then I think we’ll have some great buying opportunities, including a last step because of the eagerly awaited gathering of Santa Claus, ”said the host of“ Mad Money ”.

Cramer pointed to two possible events that could scare investors away and cause a wave of short-term selling, creating the aforementioned buying opportunities. The first is Friday’s report on the Consumer Price Index from the Ministry of Labor, while the second is a dramatic escalation in the situation involving Russia and Ukraine.

After reviewing both events, Cramer said the decision was made to scale down some of his charitable trust’s most successful positions, so that it has enough dry powder. On Tuesday, in particular, the investment trust sold 25 shares of Estée Lauder and 200 shares of Marvell Technology.

Cramer stressed that he did not sell those stocks because he was “really worried” about Friday’s CPI report showing much higher inflation or geopolitical tensions than expected. The trust “took profits because it was right to take,” he said.

” I am optimistic. I’ve seen the Dow Jones go from 1,000 to 35,000 in my working life, ”Cramer said. “I’m worried, but I’m not worried. We raised money because I anticipate panic when other people worry and stir up fear in the media. “

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