Jim Cramer says investors should get away from this idea as stocks rally to

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 got off to a strong start Monday, with the Nasdaq leading the way up 2%. The S & P 500 was up more than 1.5% while the Dow was up over 1%. The rally was sparked by hope that President Donald Trump will soften his stance on putting reciprocal tariffs on U.S. trading partners that place levies on American goods. The “Magnificent Seven” stocks — Apple , Alphabet , Amazon , Meta Platforms , Microsoft , Nvidia , and Tesla — were all higher. The Club owns all of them, except Tesla, which was up more than 9% on Monday. But the EV maker’s shares were still down over 30% in 2025, due in part to tariff uncertainty and investor concerns about customer backlash to CEO Elon Musk’s role in downsizing the federal government. Elsewhere, Apple CEO Tim Cook was among the U.S. business executives in China at a government development conference . 2. The market got a lift Friday on Trump’s “flexibility” comments on reciprocal tariffs, set to go into effect on April 2. And then over the weekend, The Wall Street Journal reported that Trump is adopting a more targeted approach to the tariffs. Bloomberg News reported that some nations will be excluded from tariffs. Jim Cramer said these reports indicated that Trump is monitoring the stock market and investors should keep that in mind. “I think we have to get away from the idea that he’s not paying attention [to the stock market].The president cares, and this is what you’re seeing. That’s why it’s going up,” Jim said, referring to Monday’s market rally. In his Sunday column , Jim said don’t let all the noise out of Washington keep you out of the market. To be sure , the president on Monday said any country that purchases oil from Venezuela will have to pay 25% tariff on trade with the U.S. 3. Jim was back at the New York Stock Exchange on Monday after a week on the West Coast, which started in Silicon Valley for Nvidia CEO Jensen Huang’s GTC keynote last week . Jim said Monday that his meeting with Jensen and other tech CEOs were all bullish. He emphasized that there’s a contingent of speculative traders that are trying to put Nvidia’s stock down. Jim’s next stop was Las Vegas for Home Depot’s managers meeting, and he also met with Wynn Resorts CEO Craig Billings while there. Jim’s takeaways: Home Depot is poised to be a big stock this year and Wynn shares are getting a raw deal in the market for what it has to offer in Vegas but especially Macao. 4. Stocks covered in Monday’s rapid fire at the end of the video were: Boeing , Lockheed Martin , Generac Holdings , Pinterest , and Super Micro . (Jim Cramer’s Charitable Trust is long AAPL, GOOGL, META, MSFT, NVDA, AMZN 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…