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

I've got to tell you something.

We are seeing stocks that have been horrendous, bounce big.

We are seeing stocks that have been amazing, particularly tech, really sell off.

Do you see a pattern or is it random to you? Well, look, I think a lot of stocks

that lagged last year that had disappointing years, maybe outside the financials, which have

been strong this year. But the underperformers have bounced back. I don't know if it's just

the first week of January. Maybe people are looking for new ideas. They're looking at some of the runs within tech and saying, all right, why don't we, you know, look elsewhere in the market. It is it's broadening out. I think it's just too early to read into things. That's my view. I mean, people want to very much. I remember years ago when my kids were like five and two, we went to Disney World for the first week of the year.

And there was a run in copper and aluminum and Phelps Dodge at that point, which now paid your duty in Alcoa.

And I said, oh my God, I can't believe it. I can't believe it. For three straight days they went went up, they went to new old-time highs. And then they just disappeared. You never sold again. And it reminded me, please, first week of the year, strange patterns, don't bank on them having any longevity. It could be the end of tax law selling, right? If the stocks were down, if investors were down on it, they sold it because they had a loss.

They can use that to offset gains.

But at the same time, there are situations where maybe stocks did lag towards the end of last year.

Maybe things are getting better.

I'm just going to jump around a bit.

But Costco, we saw monthly sales last night.

Great example.

December.

They were up very nicely up eight and a half in

December. U.S. core comms, which is excluding FX and the gasoline sales. They actually

accelerated from November. Look at this move. I mean, we talked about just, we recommended one-on-

-one. Larry Williams. Nice call by Larry. But this is not done. Now, tell you why it's not done.

The underperformance of this versus Walmart is rather extraordinary.

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