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 Monday’s key moments. 1. Wall Street had another ugly open as investors remained concerned about President Donald Trump’s tariffs and economic uncertainty more broadly. The tech-heavy Nasdaq is down over 3.5%, while the S & P 500 is lower by almost 2%. The 30-stock Dow is the relative outperformer, down about 300 points, or 0.75%. Jim Cramer summarized our approach to the weak market like this: “We have to be targeted. We have to buy the stocks that we love because this is the moment we’ve been waiting for, and we have to sell the stocks that are unnaturally up or parabolic.” The latter bucket includes Abbott Labs and Bristol Myers Squibb , which have benefited from a rotation into defensively oriented health-care names. We trimmed both Friday. 2. Jim suggested investors without any Home Depot exposure consider starting a position in the stock, which is up 1.5% on Monday thanks to a decline in bond yields. We bought some Friday. “Home Depot when interest rates are down is terrific,” Jim said. The yield on the benchmark 10-year Treasury note, which influences borrowing costs across the economy including mortgage rates, was around 4.22% on Monday. Less than a month ago, it was at 4.6%. Conversely, Jim cautioned against buying any restaurant stocks right now because the group has fallen out of favor. Our lone restaurant name, Texas Roadhouse , has actually outperformed the S & P 500 over the past five days and one month, though. 3. Eli Lilly is among our worst-performing stocks Monday, falling more than 3.5%. Lilly’s chief rival in the GLP-1 drug class Novo Nordisk was getting hit harder, down almost 10%, after releasing another batch of trial results looking at its next-generation weight-loss treatment called CagriSema. The impact to Lilly is unclear at this point. Lilly’s decline Monday may be more about a rotation away from momentum stocks and toward more defensive, higher-yielding names such as Bristol Myers. 4. Stocks covered in Monday’s rapid fire at the end of the video were: Sherwin-Williams , Airbnb , Emerson Electric , DoorDash , and stock 5. (Jim Cramer’s Charitable Trust is long ABT, BMY, TXRH and HD. 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.