Jim Kramer here to share with you a sample of my take on the market from today's CMBC Investing Club warning meeting.

You know what? You and I often talk about September and how it's a week month.

So then when it happens, people are always surprised. They shouldn't be surprised.

What they go after, the sellers go after,

our stocks that are up, with the exception this year of infrastructure stocks. So when

you see a Salesforce system, don't take it so personal. It's not just your stock

that's going. Yeah, I mean, look, that's a great point. I think we all have to

remember we're not traders, we're investors. So when we see weakness, prolonged weakness, as it's been, right, the markets down in the past month, that's really, you're looking, if you have cash on the sidelines like we do, that's when you look to make your buys to set yourself up not only for the rest of the year, but also 2024 as well, and even longer than that, too. So, yeah, look, the market's down. It's not oversold yet getting there. I'm sure tomorrow the Fed meeting could change things. Could change the direction. Yeah. Markets been down. But for now, you just have the let's have the let prices come in and then you make your move. Well, let's use the case of Oracle. Okay, so Oracle goes from 126, we're bulled twice ahead of the court.

Then it goes down to 108, you could call it 107, then it bounces to 113. Now it comes back down to 111. Now I had Safra Katz on last night, she's the CEO. She told a much better story than you had on the conference call, including new contracts. Talked about CERner getting $2 billion with the contracts. It's on the conference called. It's not like they've got a billion. They've got this big conference going on. It's well attended. She said that the board has already given them authorization to do something. So they're going to announce something soon. And the stock's down. Now, why is the stock down? Stock's down because no one is paying attention to good news right now. Paying attention to bad news. I can say the same thing about Disney.

Had you told me in the month of October or in the month of August that they're going to double down on theme parks,

the most lucrative part of their company, I would say, yes, that's what a good

gambler does. But no, people don't like it. They're sending stock to 82. I will mention this on

our conference call as being a very positive moment to buy Disney. Yeah, and the news today, so in a filing,

they announced that they plan to double their investment in parks

experiences and products to approximately 60 billion that's a double over the last 10 years

look they also say strong balance sheet access to the market so they're trying to uh you know

maybe addressing it is what is also sending the stock down too.

But yeah, look, higher spending, it will impact margins.

So I think there is some valid reasons.

But at the same time, to your point, theme parks is what's working.

Theme parks is the direction.

It's not like they're doubling down on their linear business.

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