I'm Jim Kramer and you're about to hear a sample taken directly from today's

CBC Investing Club morning meeting.

One of the things I don't ever like, Jeff, is buying when the futures are up.

You have to wait till they're down and given the fact that the oscillator is now at minus

five, we are probably going to get a chance if one thing,

any number, oil goes down, rates go down, you will see a short squeeze and cover.

But one of the things, I mean, by the way, the tenure, most short it's been in history, thank you,

Carly Garner.

So you can't bite initially, you have to have a retest, and that's what's

happened. Right. Yeah, we often say you can't trust that up open. Why? Well, a lot of people that bought the low yesterday could come in traders and just quickly sell the open for a quick little profit. Scalpers, as you like to call them. But we do have the 10-year, and then when we saw the 10-year yield start

to moving up, move up, that also we saw the reverse action in equities starting to pull back

from the morning's highs, you know, a lot going on, energy up a couple dollars, good for those stocks.

Jim, any thoughts around, Pioneer, Cotera, any thoughts around government shutdown? Is that weighing on things?

Okay, so the two things that I am now desperate to count on about what could drive economic activity down.

The government shutdown and an escalation of the auto strikes.

And President Biden was out there doing something that I actually

regarded the highways member two unions always been very pro-union but never

thought that the president would go and not try to settle the strike but actually

just go and go with the conceivably the 40% increase which would be

detrimental to our Ford we'd have to sell it so I look at the expansion of the strike and a government shutdown as a possible reason why this goes higher.

Because all this is about, all of this is about one thing, which is the tenure.

So you don't have, you take out a big chunk of economic activity then interest rates will

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