Jim Cramer debates buying a sinking chipmaker but needs to see an oversold market first

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Morning Meeting Recaps,Jim Cramer,Investment Strategy

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

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. Wall Street started the troublesome trading month of September with sharp declines. The S & P 500 , which closed its strong August on the upswing Friday, was down nearly 1.5% on Tuesday — the first day of this holiday-shortened week. The Nasdaq was down more than 2%. Most of the portfolio was in the red.

As measured by the S & P Short Range Oscillator , the market has been overbought since the close on Aug. 19. With last week's restrictions lifted, we trimmed our Eli Lilly position Tuesday, booking a nearly 300% gain. September, known as one of the toughest months for stocks, promises to be eventful. The government's latest employment report is out Friday.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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