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. U.S. stocks were mixed on Monday as Wall Street braced for major inflation data later this week. The S & P 500 and Nasdaq Composite edged 0.4% and 0.7% higher, respectively, while the Dow Jones Industrial Average was 0.1% lower after the opening bell. The producer price index (PPI) reading for July is on Tuesday, and last month’s consumer price index (CPI) print is slated for Wednesday morning. These are two important monthly economic readings that the Federal Reserve factors into its next policy move — albeit the CPI holds more weight with central bankers because of its focus on the consumer. The Club bought more Amazon shares Monday, taking advantage of the tech stock’s post-earnings decline since earlier this month. Management posted a miss on revenues , and issued a conservative third-quarter guidance on Aug 1, which sent the stock 10% lower. Since we’re no longer restricted, we’re taking advantage of the dip because our long-term investment thesis in the e-commerce giant hasn’t changed. Just look at the potential for revenue growth in the company’s cloud business, Amazon Web Services, which continues to see demand because of increased spending into artificial intelligence infrastructure. Deutsche Bank upgraded Eli Lilly to a buy from hold rating on Monday after a blowout quarterly earnings report last week. Analysts at the firm argued that the results, “helped settle some nerves in a volatile backdrop,” adding that the company’s long-term revenue growth forecast is nearly unmatched, except for its rival Novo Nordisk , in the booming weight-loss drug market. Deutsche Bank also lifted Lilly’s price target to $1,025 from $725 apiece, a roughly 15% upside from Friday’s close. This Wall Street call is not news to us, however. We’ve been touting Lilly’s competitive advantage in the GLP-1 space. (Jim Cramer’s Charitable Trust is long AMZN, LLY. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.