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

What I'm seeing today is basically a lot more boring than we saw on Friday.

And the reason why it's boring is that we didn't get any real earnings other than Schwab, which right now is holding in.

And I'm watching Schwab as the key to this market, Jeff, because

Schwab had been the underlying weakness that we kept hearing is going to be a problem for the market.

So far, so good. So far, so good with some better than expected numbers there. Perhaps a nice

re-through into Morgan Stanley, who also reports later this week. But Jim, as you mentioned, a little bit of a boring day so far.

A lot of the news seems to be around mega-cap tech stocks, which we'll get into.

But I do want to point out the oscillator finally went under 4% after Friday's decline,

so not technically overbought anymore.

But this is perilous level. Now, Tewa, it's a perilous level. We're obviously beginning to, we're losing momentum. Unless you get good earnings, what's going to happen is we will get to like minus one, but not in a good way. We want it to, we want, when you're as overbought as we were, you tend to have a quick sharp down after being,

and so one of the things I said last night I wrote in my long piece, not a level to buy it.

We don't want to commit new capital yet.

However, it's very funny, and you mentioned it, again, we do want to talk tech, but natural gas is up, and that's Cotera. And I think Cotera's bottom,

and it's a very interesting level for that stock. When you talk about a company that might be for

sale more than Pioneer, it would be Cotero. Yep. And of course, Cotera was one who switched more

to the buyback instead of paying out a variable dividend. They did that a few months ago. So that was them a few months ago.

Right. Essentially saying our stocks to achieve. Shares are down today.

It had a nice run last week as well, as did Pioneer Natural up 10% last week. Of course, a lot of those gains were due to the Exxon mobile rumors.

And it was not basically Sawsman shot down, so to speak, but I would say that Scott

Sheffield made some comments about how this bit of oil goes to 90, it goes 100, which means

kind of like the forecast is the forecast.

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