Market Data 
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 Friday’s key moments. Wall Street is tracking to close out the rough holiday-shortened week on a down note. Friday’s weaker-than-expected monthly jobs report increased the market odds of the Federal Reserve cutting interest rates by 125 basis points, or 1.25 percentage points, by year end. There had been talk of a 50-basis-point cut to start things off at this month’s meeting. But it looks like 25 at this stage. Despite bond yields continuing to fall, the S & P 500 and Nasdaq were sharply lower on the notion that a softer economy means dump tech. Jim Cramer said Friday this shouldn’t be happening. Part of that tech weakness Friday can be blamed on Broadcom , which on Thursday reported a quarterly beat but disappointing guidance. The stock was down 10%. Jim said he would like to buy the stock at current levels if he wasn’t restricted from trading it because it was mentioned on TV. He added that Broadcom, like fellow Club name Nvidia , has fallen into the good-is-not-good-enough trap, which has been a major theme this earnings season. Jim did stress that he’s not calling the bottom in Broadcom stock. So, he advised, investors to buy small. Salesforce has agreed to buy startup Own for $1.9 billion in cash. Own, in which Salesforce has a 10% stake, provides data protection and data management solutions. Salesforce said the deal, which comes ahead of its Dreamforce conference later this month, will not impact the Club name’s capital return plans. Jim called Salesforce a good stock with a bad chart. Stocks covered in Friday’s rapid fire at the end of the video are Eaton , 3M , Trane , Bowlero , and Lululemon . We also wanted to point out our Friday commentary on some buy levels for Eaton and two other Club industrial stocks. (Jim Cramer’s Charitable Trust is long AVOG, NVDA, CRM, ETN. 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.
