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.

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That's one word morning take. I know that it sounds a little

pedestrian say I don't want to give up big games. But I preach it to you. I also believe it.

Yeah. And look, to your point, the president said this morning that the U.S. will probably strike Iran again.

May put on a blockade in the strait.

So we'll have to see it is, you know, these are difficult waters to navigate.

But we also know that he has tended to not follow up on these, which is why people are skeptical. I'm not saying

go by Delta. But I am saying, by the way, that you might want to buy Honeywell Aerospace. I think

that stock is very misprice. Yeah, look, we nibbled on some yesterday. It was a small buy. It was

basically the amount of cash that we raised from trimming Proctor, which was

up nicely at the time.

We're not putting in the money.

So we sold 11% cash in the portfolio.

And I like that.

Keeping it defensive.

If we took it to 12 and we took off some winners, remember, I like that we sold

losers.

It was tough to swallow the Nike loss. Yeah. But you sell losers first

before you sell winners. But you don't want the discipline here. Sell losers. Keep your winners.

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