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. Wall Street was advancing again Tuesday as the S & P 500 was shooting for three straight positive sessions. Financials was Tuesday’s top-performing sector as banking earnings continued to come in solid. Club names Wells Fargo and Goldman Sachs were stronger following their results on Friday and Monday, respectively. Turns out that the sector is still making a lot of money despite limited investment banking activity. The results tell a “pretty resilient story of the U.S. economy,” said Jeff Marks, director of portfolio analysis for the Club. In the latest trade news, Bloomberg News reported that China instructed its airlines to cease taking deliveries of Boeing . Shares of the Dow stock were modestly lower on the news. 2. DuPont received another upgrade — this time from Bank of America whose analysts took the stock to neutral from an underperforming sell. “It’s about time,” Jim Cramer said. While acknowledging earnings risk due to trade disruptions, BofA called the recent 30% pullback in DuPont shares excessive. It was noted by analysts that the recent temporary tariff exemptions for electronics benefit DuPont. “I think we kind of need to see these trade escalations settle down,” Jeff said. Tuesday’s BofA call followed Monday’s upgrade from KeyBanc . 3. Abbott Laboratories is set to report earnings on Wednesday morning. The diversified health company is expected to see continued momentum in its core business, which includes sales of its glucose monitoring system, Libre. Abbott stock has, historically, performed poorly on earnings day, Jim noted. He added the company has to address its litigation issues over specialized baby formula. “The litigation is almost null and I like that,” Jim added. The Club will also be interested in what Abbott says about the U.S.-China trade war and any impact on its businesses from tariffs. 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: Johnson & Johnson , Bank of America , Dow Inc ., PepsiCo , and Howmet Aerospace . (Jim Cramer’s Charitable Trust is long DD, ABT, GS, WFC. 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.
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