Jim Kramer here to share with you a sample of my take on the market from today's

CMEC Investing Club warning meeting.

I've got to tell you something once again, broadening out is the theme.

Jeff, we cannot decide that Apple's no good so we should get out of the market.

Today it's the banks again.

Yeah, banks, industrials, two of the more cyclical areas we pointed out when we made

those trims of the Magnificent Seven and some other of the big tech winners on Tuesday morning.

They're doing well today. Wells, Morgan Stanley, bouncing back after, you know, today, so far this week,

it's kind of been one day after another a little bit different,

but I still think that broadening out theme is happening here.

Now, let's understand each other.

This is very positive because this group signifies that the economy is definitely getting better.

It's one of the reasons why we sell an upgrade with Home Depot.

But there isn't enough money to go around for these stocks to rally.

They have to have a source of funds.

And the source of fund is Mag 7 because people say Max 7 is up 11% since the last week of October.

And you know what? That's enough.

Apple's up 50 and V-V's up to 1 200 so there are

sources of funds they're not bad it's just that they moved up a lot that is actually

typical positive behavior now it could overshoot as Lai Williams says the great market

historian it could overshoot mag 7 because they are overvalued on a classic way,

except for, by the way, Alphabet, but that's because I think it's earnings a challenge.

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