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 10.20 a.m. Visit cnbc.com slash morning take to sign up today. That's one word

morning take. I think today. That's one word morning tape.

I think that the idea that we are discovering that the SpaceX deal is four times over

subscribe is giving people a little bit of confidence that you don't necessarily have to sell.

I still felt like that we should get out of the woods and buy and sell some eat and so that we can buy some things when

we get through this period. And if you don't have any cash, you can't buy anything.

Yeah, I think that getting cash close to 12%. I feel great about that.

Still a lot of, you know, crosswinds out there.

Do you have the SpaceX IPO in the background.

We do have the U.S. and Iran exchanging strikes.

That is causing oil to get up to 90.

But one of the big, bad, a hurdle that we had to get past was CPI this morning.

Could have been worse.

Yeah, I mean, all these people came on immediately so it was really bad.

I mean, the main, main thing was gasoline, knock out gasoline and you actually were fine.

Don't forget, gasoline reverberates throughout the system, particularly diesel.

So the idea, uh, because airlines were up, the idea of some of their charges on.

Yeah, the idea was bad numbers was just the kind of thing that people want to hear and want to say.

And they ought to be a little more rigorous.

I do think that one of the things that we still, we haven't really seen is the effective tariffs.

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