Hey, it's Kramer, and this is my morning take on the market from today's CBC Investing Club morning meeting.

Now, I do think that we're getting a major opportunity to buy Capital One.

We've been waiting for this. What happened is it was up six, and then people used it as a reason to sell to raise money.

Yeah. Now, this is worth to me 30 points, okay, 30 points.

There's a number of stocks that we have. Disney was upgraded.

Again, that stock is down.

Texas wrote us. That's been the source of funds the whole time since we bought it.

Capital One at least has that catalyst.

And we want to be catalyst driven. You can't be

valuation driven. You must be catalyst driven. We got the catalyst we want in Capital One. The stock

didn't move. Opportunity. Yeah. So Friday, it received regulatory approval by the Fed and the

OCC for the Discover Deal. A transaction expected to close May 18, creates the nation's biggest credit card issuer by loan volume.

Just some other key advantages of this deal, Capital One, they're going to own the Discover Global Network, which they can then scale up, become a vertically integrated global payments platform.

A lot of big synergies from this deal.

So when they first announced it by 2027, they were talking about $1.5 billion in expense synergies,

another $1.2 billion of network synergies, just moving the Capital One network to,

or the transactions to the Discover network, right, moving away from MasterCard, Visa.

It's going to strengthen the balance sheet, which matters even more in this environment.

They're going to report Tuesday night after the closing bell.

So maybe we'll get an updated look on synergies and deal accretion and timelines, things like that.

But, you know, certainly good news because there was a 169 when I woke up.

Yeah. It was up 6% I think of one point premarker. I think you buy some right here. We have a lot of cash. You buy some. I also want to point out I am tempted, but I want to just focus on just catalysts, this one. But Amazon down 10 from our last buy is interesting to me because I know that they have China exposure, but that China exposure is one time only.

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