CNBC's Jim Cramer reviewed Tuesday's market action and asserted that tech stocks are easier to own for the long term while bank stocks suffer as the market broadens and experiences "economic choppiness." "You simply can't bank on the bank stocks right now, hence why the great broadening out is indeed fraught with risk," he said. "Meanwhile, tech may be torturous to own on a day-to-day basis, but long-term it's a cornucopia of rewards." He said many of these tech companies have lasting, secular themes, adding that any business related to data centers has "tremendous pin action." We don't have to play an interest rate guessing game with tech because the Fed is tangential."

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Persons: CNBC's Jim Cramer, Daniel Pinto backtracked, Cramer, Jay Powell Organizations: JPMorgan, Federal, Dow Jones, Nasdaq, Big Tech, Nvidia, AMD, Microsoft, Oracle