Not all Dow components declined on Tuesday as trade war worries reached fever pitch.
Walmart (WMT) - Get Report , Verizon (VZ) - Get Report and Procter & Gamble (PG) - Get Report ended in positive territory. But that wasn't enough to keep the blue chip index from falling 287 points, thanks to steep declines from Boeing (BA) - Get Report , Caterpillar (CAT) - Get Report and United Technologies (UTX) - Get Report , which have exposure to China.
Matthew Cheslock, an equity trader with Virtu Financial doesn't think stocks are low enough to warrant a buying opportunity just yet.
Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!