It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

Don't miss a minute of the action. Good Monday morning. Welcome to Squawk on the Street. I'm Carl Kintanilla with Jim Kramer and post nine of the New York Stock Exchange. David Faber has the morning off. Bulls trying to build on the best week for stocks in a year. Dow's at six-week highs. Nasdaq going for seven straight gains. We'll wrap up this final busy batch of earnings this week, 10-year-4-6. Our roadmap begins with stocks in rally mode. Stocks

coming off, as we said. Best week since November of last year, futures point to more gains

of the open. Media is in focus. Disney reports this week, Paramount with a double downgrade over

a B of A and City, considering some steep job cuts as part of a corporate overhaul.

Let's begin, though, with this new week for the markets, Jim.

You had some words this morning on X for Mike Wilson, arguing that things actually changed last week.

Yeah, I mean, look, Mike said he wants to keep an open mind.

I don't know the fellow. I mean, he's obviously been a dominant force during this bare market for much of

the market. But he wants to keep an open mind, but at the same time, it's like last week didn't

occur. We see, analysts don't understand what I think is a true seed change when you get, the sellers

are done, interest rates go down, fed out of the picture for a while.

And then the next thing you know, we have a bond issuance that makes it so you can't shoot

against the bonds, and you have the largest short position bonds in history.

So what happens is you coalesce with shorts in stocks because they've been pretty

easy for a while, shorts and bonds capitulating, nothing to shoot against. Well, that's kind

of, I know that's not a theory about the consumer doing better. It's not a theory about the

Magnificent Seven. It's a theory which just says you can buy. And that's sometimes more powerful

than looking at individual groups. And it's time to just just says you can buy. And that's sometimes more powerful than looking at individual groups.

And it's time to just say, you know what?

There's not a lot of resistance here.

Where are the sellers?

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