Be careful, Cramerica.
"You need to remember, their weakness is not our weakness, and their strength is not our strength," the "Mad Money" host said.
Yes, it is wonderful that the Chinese lowered interest rates and there were promises coming from the European Central Bank President Mario Draghi.
"But until we actually see the gigantic infrastructure of jobs in the decrepit sewers and polluted wastelands that engulf China, until we see that the Germans spend $500 billion to stimulate their economy—something that Angela Merkel's government appears unwilling to do—you need to be careful," Cramer warned.
The "Mad Money" host does not want to see investors get too excited and start paying up for stocks like Caterpillar and Cummins at high prices. In fact, he recommended purchasing GM on the basis that it is not as horrendous as most think.
In preparation for next week, Cramer recommended that investors keep an eye on what is going on in Washington with the president fighting with the Republicans again. Such political dramas can cause a nasty, market-wide selloff, and that could happen again.
With these caveats in mind, here are some of the stocks that Cramer will have his eye on for next week: