Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks were lower Tuesday after a late Monday sell-off. The S & P 500 , down 1%, is on pace for its fourth straight losing session. Investors are concerned over slowing economic growth and President Trump’s comments on Monday that U.S. tariffs on Canada and China “will go forward.” The Conference Board’s consumer confidence index fell for the third consecutive month in February on worries about a weaker economy and inflation. In this uncertain environment, we’ve raised a good chunk of cash, taking our signal from our trusted S & P Short Range Oscillator , which is not oversold yet. 2. There’s also a big 1.9% decline in the Nasdaq on lingering concerns that Chinese AI startup DeepSeek’s efficient AI model could curb tech spending. It’s one of the reasons why some are trying to position themselves away from the Magnificent 7 megacaps and tech stocks and rotate into other areas of the market like consumer staples and health care, Jim Cramer explained Tuesday. But he added that Nvidia’s earnings report Wednesday could be a “clearing event” in a good or even bad scenario as the sellers finally finish and then circle back to tech. Shares of Nvidia are down about 2% in midday trading. 3. Shares of Eli Lilly are up more than 2% boost after announcing it is lowering the price of starting doses of weight loss treatment Zepbound for self-paying individuals through its direct-to-consumer website LillyDirect. This makes access easier to those who had relied on compounding pharmacies like Hims & Hers while there was a shortage of the drug. Fellow pharma stock Bristol Myers was one of the top gainers in the portfolio Monday and again Tuesday, recovering almost all of its losses from its poor quarter on Feb. 6. Jim reiterated that the company’s schizophrenia treatment Cobenfy will be the “second biggest drug crafted of all time after GLP-1 [drugs].” Bristol Myers stock was up nearly 3%. 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: PayPal , Keurig Dr. Pepper , and Cleveland-Cliffs . (Jim Cramer’s Charitable Trust is long NVDA, LLY, BMY. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
