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. U.S. stocks were choppy in midmorning trading Tuesday, with stocks set to close out a third-straight month of losses. The S & P 500 and the Nasdaq Composite were both oscillating between small losses and gains. Jim Cramer said that there's currently a "disconnect" in the market, but added: "This, too, shall pass.
"This is a $70 stock at a minimum," Jim said, urging investors not to sell it. Stay tuned for a detailed Club analysis on both earnings reports later Tuesday. 3. New U.S. restrictions on chip exports to China could cancel billions of dollars in upcoming orders for Club holding Nvidia , The Wall Street Journal reported Tuesday. A spokesperson for Nvidia said the artificial-intelligence chipmaker is working to allocate those chips to customers in the U.S.
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