CNBC Investing Club: Cramer’s Morning Take on Home Depot 3/31/26
Squawk on the Street
CNBC
4.0 • 566 Ratings
🗓️ 31 March 2026
⏱️ 3 minutes
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| 0:00.0 | Jim Kramer here to share a short preview of my take on the market from today's |
| 0:06.5 | members-only CNBC Investing Club morning meeting. |
| 0:09.5 | Join the club for full access to the morning meeting every day at 1020 a.m. |
| 0:14.8 | Visit CNBC.com slash morning take to sign up today. |
| 0:19.9 | That's one word, morning tape. It's very much a fulcrum day. |
| 0:25.4 | Folkron because if the president decides that the straight of Vermeuse doesn't have to be open, |
| 0:30.9 | which is what we hear, well, that presents a lot of different opportunities and makes us |
| 0:34.5 | so that the market has quite a different coloration, including oil coming down. Oil coming down is going to relieve the inflation problem. Relive the inflation problem, you're going to want to buy Home Depot. You're going to want to buy Toll Brothers. You're going to buy anything home worry, anything retail order. And that's the market we have right now, with the exception of the fact that the hyperscalers are all doing well. |
| 0:54.9 | Yeah, we'll see. And this news, of course, comes after the Washington Journal reported |
| 0:58.0 | that Trump has told AIDS that he's willing to end the war without reopening the street. |
| 1:02.1 | You know, that's extraordinary. It's been, along with nukes, it's breakable. It's a, no deal |
| 1:09.8 | without it. And suddenly, you start thinking yourself, that's how he's going to breakable you it's a you no deal without it and suddenly you start thinking yourself |
| 1:12.9 | that's how he's going to get out of it he's not going to negotiate the straits just going to go |
| 1:17.8 | we're looking for ways to off ramp a war that has uh been this entire month and of course march |
| 1:24.6 | has been a very bad month for stocks oscillated moved back to oversold |
| 1:30.3 | territory yesterday so you know maybe this is part oversold bounds here we also have that's dangerous |
| 1:36.6 | obviously right because without follow-through and the president starts bombing things again |
| 1:42.3 | these will be repealed. |
| 1:44.5 | Yes, and that's the tricky part to this market is how much it is influenced by this military campaign. |
| 1:53.2 | And the impact it has on oil. |
| 1:54.7 | Oil, by the way, today, relatively unchanged, crossed above 100 yesterday, WTI. |
| 2:00.1 | In there, remember, I tell you to look at some oil companies, they go a little bit ahead |
... |
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