Jim Kramer here to share a short preview of my take on the market from today's members-only

CNBC Investing Club morning meeting. Join the club for full access to the morning meeting every day

at 1020 a.m. Visit CnBC.com slash morning take to sign up today. That's one word morning tape.

So we decided to sell the rest of Cisco, lock in a very nice gain in a stock that's up

year to date, which of course the S&P is down mid single digits, down today. But still like the networking AI story here, the accelerating product orders.

Right.

Because, look, memory is in short supply.

Computers in short supply.

I witnessed this is aura from the product, the illustrator product, from OpenAI.

Right.

And we're not going, we're not backing away from the ones we love.

It's just that this is one that got hurt by a DRM price.

And DRM price is not a stop going hard.

Yeah, I would flag the security division two.

It has underwhelmed for several quarters in a row.

This is splunk.

Yeah, it's predominantly splunk.

Piper Sandler with a note saying today that, you know, they can continue to give away market share consistently,

and the business is a low, single-digger grower.

So we spoke last Friday on our monthly meeting saying how if there was a flying the ointment, so to speak, and a thesis, we'll bring it up, we'll take action.

So we're taking action this morning on an oscillator.

In a market, which, by the way, even after Friday's decline, the oscillator is still not oversold.

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