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We recently compiled a list of the Jim Cramer’s Game Plan: 13 Stocks to Watch. In this article, we’ll take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands compared to the other stocks in Jim Cramer’s game plan.

Mad Money host Jim Cramer recently discussed the pivotal events on Wall Street this week and emphasized the importance of keeping an eye on upcoming earnings reports. He noted that the Thanksgiving season often brings a wave of optimism to the market. However, Cramer expressed concern that this enthusiasm is getting out of control.

“Thanksgiving tends to release the animal spirits of the market in a very positive way. I’m not a killjoy… but it’s getting to be too much speculation for me, and if we don’t deal with it, if I don’t talk about it, it’s going to become a problem.”

READ ALSO Jim Cramer’s Lightning Round: 9 Stocks in the Spotlight And Jim Cramer on Nvidia Plus other stocks

Cramer also turned his attention to Bitcoin, commenting on the growing enthusiasm for the cryptocurrency. He expressed his hope that Bitcoin would finally reach $100,000 so the conversation could continue. According to Cramer, the rise in Bitcoin price is largely due to speculation fueled by the president-elect’s idea of ​​creating a strategic Bitcoin reserve. He noted that many people who missed out on Bitcoin when the price was lower are now justifying their purchases at these higher levels.

“As long as it’s legal, I’m all in, but understand that I have nothing to offer at the $100,000 Bitcoin price, nor does anyone else, for that matter, other than to say this: This is what happens when there are more buyers than. ” Salesperson.”

Looking at broader market trends, Cramer acknowledged that stock trading tends to slow as the holiday week progresses. However, he stressed that the government’s latest personal consumption expenditure (PCE) report will be released on Wednesday. This report, a key inflation indicator for the Federal Reserve, could provide an indication of whether the Fed will consider another rate cut before the end of the year.

Cramer noted that the economy is running hotter than the Fed would like, which has led to speculation that a rate cut in December may not be necessary. The situation is particularly challenging, he explained, because long-term interest rates, including mortgage rates, have risen since the Fed began cutting rates. Normally these interest rates would fall in such an environment. So if the PCE report shows a cooler inflation reading, it could lead to further recovery. On the other hand, if the report is hot, Cramer said it could trigger a downturn in some of the more speculative stocks.

On By Oliver Sinclair

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