Welcome to Overtime, I'm Scott Wapney. You just heard the bells. We are just getting started right here. In just a few minutes,

we'll get a brand new stock pick from Star Value Investor, Scott Black. He's a member of the Barons Roundtable and a new and scathing report about

Kathy Wood and Arc Innovation. I've got it right here. The strategist who wrote it will join us live. If you invest in those

stocks you need to see this interview. Let's begin though with our talk of the

tape this directionless day, the first of the new quarter for your money

though what does that say about what lies ahead

let's ask mad money's Jim Kramer who joins us once again

on this Friday Jim it's good to have you defensive directionless that's how this really feels real estate

staples utilities health care what's the message I always think to come on your

show and bring something I like to come empty hand because that's what jokers do. I've been working the phones

this afternoon about what's going on with the transports.

And rather astounding, but in the last four weeks,

spot trucking rates have fallen as much as 35%.

There's another big decline just this week.

The drivers are back. There's too many drivers.

There's more drivers now than the way before the pandemic. No one's talking about this. Some of the stocks are starting to react, but it's for real, Scott. It's gigantic. And the people involved in freight are stunned at the decline in trucking rates that we've had just in the last four weeks.

How much of this also has to do with the inversion of the yield curve, Jim, the fact that we are now,

if you want to say on the clock with a recession. I'm looking at FedEx today

down 4.3 percent. I pull up UPS right now. It has a decline of nearly 4 percent.

Joe Terranova on halftime said he had sold Old Dominion.

You could go all the way down the spectrum, Jim, the truckers, the rails, etc., etc.

selling off big time today.

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