CNBC's Jim Cramer cheered Tuesday's market action, as shares of old-economy stalwarts like General Motors , GE Aerospace and Coca-Cola climbed on earnings and speculative stocks hit a wall of selling. "I love this market," Cramer said on "Squawk on the Street," shortly before Tuesday's opening bell. For weeks, the former hedge fund manager who currently runs the CNBC Investing Club has expressed alarm over what he believes is excess speculation in the stocks of money-losing companies. He's urged investors sitting on big wins in companies in industries like nuclear power and quantum computing to lock in profits. He hasn't soured on the broader market, just on the stocks he's deemed overheated and speculative. That's what makes Tuesday's market so idyllic in Cramer's eyes. GM shares soared a

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