Why we want to trim our Broadcom position, plus key investor events to monitor

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 Friday's key moments. 1. The S & P 500 and the tech-heavy Nasdaq are little changed on Friday as investors await the Federal Reserve's meeting next week. The market hit fresh highs Thursday after a warm inflation report and weaker labor data fueled expectations for an interest rate cut of 25 basis points. That decision is expected on Wednesday at 2 p.m. ET. One notable laggard, how ...