Each weekday the CNBC Investing Membership with Jim Cramer holds a “Morning Assembly” livestream at 10:20 a.m. ET. Here is a recap of Monday’s key moments. Follow Dow shares Watch wage inflation Monitor Ford value cuts 1. Follow Dow shares The S & P 500 and Nasdaq Composite fell on Monday forward of a jam-packed week of earnings and an anticipated rate of interest hike from the Federal Reserve. On the identical time, the Dow Jones Industrial Common inched up 0.04% in midmorning buying and selling. Monday’s combined session is a reminder that buyers ought to follow high-quality, recession-resistant shares within the Dow , whereas steering away from present horse names within the tech-heavy Nasdaq. Amongst Dow shares, we’re particularly bullish on Membership holding Procter & Gamble (PG). 2. Watch wage inflation When the U.S. Division of Labor releases it January non-farm payrolls report on Friday, we’ll be on the lookout for indicators that wage inflation is abating. That might enable the Federal Reserve to gradual the tempo of rate of interest hikes within the coming months. Jim Cramer maintained Monday that the Fed ought to be capable to restrict the affect of an financial slowdown, even when it has to inflict extra sort-term ache on markets. “They’ll engineer a gentle touchdown – I reiterate, they may engineer a gentle touchdown,” Jim mentioned. 3. Monitor Ford value cuts Ford Motor (F) on Monday mentioned it’s reducing costs on its electrical Mustang Mach-E crossover , whereas ramping up manufacturing. The transfer, which comes on the heels of comparable value cuts by electrical car maker Tesla (TSLA), means not all Mach-E fashions will probably be worthwhile on a per-unit foundation. We have no plans to commerce the inventory as of now and are maintaining a tally of the scenario. Ford is about to report fourth-quarter earnings on Thursday. (Jim Cramer’s Charitable Belief is lengthy PG, F. See right here for a full record of the shares.) As a subscriber to the CNBC Investing Membership with Jim Cramer, you’ll obtain a commerce alert earlier than Jim makes a commerce. Jim waits 45 minutes after sending a commerce alert earlier than shopping for or promoting a inventory in his charitable belief’s portfolio. If Jim has talked a few inventory on CNBC TV, he waits 72 hours after issuing the commerce alert earlier than executing the commerce. 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.