Not all Dow components declined on Tuesday as trade war worries reached fever pitch.

Walmart (WMT) , Verizon (VZ) and Procter & Gamble (PG) 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) , Caterpillar (CAT) and United Technologies (UTX) , 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!

More from Video

Replay: Jim Cramer Talks Micron, Darden, Elanco, Tilray and More

Replay: Jim Cramer Talks Micron, Darden, Elanco, Tilray and More

Is the Cannabis Crazy Equivalent to the Dot Com Bubble? Watch!

Is the Cannabis Crazy Equivalent to the Dot Com Bubble? Watch!

Economist Perspective: Rising Wages

Economist Perspective: Rising Wages

Eventbrite Shares Surge in NYSE Debut

Eventbrite Shares Surge in NYSE Debut

60 Seconds: The Documents You Need in a Disaster

60 Seconds: The Documents You Need in a Disaster