Every weekday, the CNBC Investing Club hosts a “Morning Meeting” live stream with Jim Cramer at 10:20 am ET. Here’s a recap of Tuesday’s key moments. Now Is Absolutely Not the Time to Buy Quick Mentions: F, HUM, META, CRM, AMZN Exclusive Look at 3 Club Names 1. Now Is Absolutely Not the Time to Buy Our proven S&P 500 Short Range Oscillator is down -2.37% , indicating that now is not an ideal time to buy stocks. And as stocks closed higher on Monday, Jim Cramer said the rally was unsustainable for one reason: the market is dominated by the 2-year Treasury bond, which has become a formidable opponent for stocks due to its high yield. Investors appear to be betting that the yield, which has hovered around 4%, will surge to 6% — which he thinks beats almost every stock in the S&P. 2. Quick mentions: F, HUM, META, CRM, AMZN Shares in Ford (F) fell 12% on Tuesday after the company announced after the bell on Monday before an additional $1 billion in inflation-related costs and supply chain problems. The automaker said that while parts shortages will prevent deliveries of about 40,000 to 45,000 vehicles, they would make it to dealerships in the fourth quarter. We believe this news offers investors an opportunity to buy Ford shares at $13. Morgan Stanley upgraded Humana (HUM) to buy from hold and raised its price target to $549 on Tuesday morning, reaffirming our preference for defensive stocks. Meta Platforms (META) CEO Mark Zuckerberg announced Tuesday that the company is partnering with Salesforce (CRM) to help businesses better engage with customers through the messaging service WhatsApp. Some people are speculating that Meta could spin off WhatsApp along with the Salesforce partnership, which would be great for shareholders. While some scoffed at Amazon’s (AMZN) purchase of “Thursday Night Football,” the record number of new Prime signups drawn during the three-hour broadcast shows it was a smart move. 3. Exclusive Insights into 3 Club Names Jim will be speaking with the CEOs of Nvidia (NVDA), Johnson & Johnson (JNJ) and Salesforce for Tuesday night’s episode of “Mad Money” from San Francisco. Visit the Investing Club page for highlights from the exclusive interviews. (Jim Cramer’s Charitable Trust is Long F, HUM, META, AMZN, NVDA, JNJ, CRM. For a full list of stocks click here.) As a CNBC Investing Club subscriber 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 any stock in his charitable foundation’s portfolio. When Jim spoke about a stock on CNBC television, he waits 72 hours after the trade alert is issued before executing the trade. THE ABOVE INVESTMENT CLUB INFORMATION IS GOVERNED BY OUR TERMS AND CONDITIONS AND PRIVACY POLICY ALONG WITH OUR DISCLAIMER. NO OBLIGATION OR OBLIGATION SHALL BE OR CREATED BY YOUR RECEIVING OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC RESULT OR PROFIT IS GUARANTEED.
Three takeaways from Tuesday’s morning assembly
