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

CMBC Investing Club warning meeting.

Once again, we've got this soggy opening. Of course, I watch in videos about whether that

opens down pretty much every day and it's starting to get, starting to make you feel that

if you are buying at the opening, you're going to get wrong tech.

But there are other places, there are the pockets that are doing well.

Jeff, we've got refiners that are doing well, housing, making a little bit of a comeback.

It's not all bad, but tech not yet.

Yeah, and I guess part of the reason why it may also be the rise in interest rates that

we continue to see that comes ahead of the Fed meeting Wednesday.

But Jim, yesterday in your story, you outlined five worries of the market right now,

whether it be China, the auto ecosystem in mid-strikes, perceived weakness in the cloud, travel after some

disappointing numbers from airliners, housing with higher mortgage, yeah, higher mortgage rates

impacting the home builders.

See, these are all things that make immediately people want to draw a conclusion and

they say, oh good, they'll keep the Fed on hold.

See, I just think that those kinds of conclusions are knee-jerk.

I didn't write the piece to talk about what the Fed was going to do. I wrote the piece to demonstrate why it is difficult to buy stocks right now, because the

economic is certainly developed by China, auto sector.

When you do that,

well, it's going to make the Fed on hold, what you're doing is nullifying the work I'm doing.

The work I'm doing is saying, you know, that's a lot of different sectors, whether it be China,

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