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Stocks were mixed in intraday trading Tuesday, with the Nasdaq holding onto gains amid selling in the Dow and S&P 500.

Jim Cramer told TheStreet Live inflation fears are guiding the move into tech stocks.

“The machines say, ‘rates down, buy tech,’” Cramer said.

Hear what Jim Cramer is only telling members of his Action Alerts PLUS investing club in Tuesday’s Daily Rundown. 

TheStreet Live Recap: Everything Jim Cramer Is Watching Tuesday