Jim Cramer's got some advice for investors who are looking to look past the trade headlines.
But, in case you missed it, the Wall Street Journal reported this morning that negotiators for both the U.S. and China were working toward an agreement that could delay $160 billion in tariffs set to kick in on Dec. 15.
The report from The Wall Street Journal reversed sharper declines earlier on Wall Street as investors keyed on the start of the two-day Federal Reserve meeting and monitored developments in the slow-moving trade talks between Washington and Beijing.
"How do they know when it's news and not, they shouldn't be trading on it. [Investors] should be looking for really good companies. I'm referring to...CVS (CVS) - Get Report is down big today. [Action Alerts PLUS] likes CVS very much and it's going to be...one of the things I'm going to talk about tomorrow on our conference call and you know, maybe CVS, that's your opportunity, down big ," said Cramer.