Retail, trimming, Qualcomm and Wynn

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Retail stocks to watch Trimming 3 positions Quick mentions: QCOM, WYNN 1. Retail stocks to watch The Club continues to back companies that make real products and can sell them at a profit, while at the same time adequately managing economic headwinds and returning value to shareholders. Retailers Costco (COST) and TJX Companies (TJX) fit that bill, two stocks we continue to back. However, given the market is currently overbought, we’re advising investors against making…