Jim Cramer's Portfolios of the Week

This last week of August is historically slow. However, given the volatility over the last few months and the recent Fed action, investors are not taking a break. More speculation about an interest-rate cut gave the market a decent boost this week. But we are not out of the woods yet.

There is still plenty of concern about credit and housing and the ripple effect they could have on many other asset classes. But as Jim Cramer often notes, panic never gets you anywhere. There are pockets of this market that present opportunities for sound investment. And Cramer continues to help us navigate through it all.

Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the Stop Trading! segment on CNBC and his RealMoney blog posts.

Cramer's Broker Plays: "Finally, the number cuts! Finally, the downgrades!" Cramer wrote in an Aug. 28 post. "People seem possessed when it comes to trying to call a bottom in the securities stocks. They know that these companies have tremendous earnings power and they seem dirt-cheap because of their high single-digit multiples. They know that despite the fact that August was one of the worst months in the history of this business, these companies have a way of turning themselves around quickly -- through rapid firings and downsizings where it is most needed -- and giving us quick earnings recoveries. ... Monday we got some much-needed number cuts from Goldman Sachs' research. At last, the bottoming can start." Cramer's Broker Plays include Lehman Brothers(LEH Quote) and Goldman Sachs(GS Quote). ...