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

We had that rate cut yesterday. It was not a surprise, but at the same time, if you want to buy stocks,

particularly stocks that are affected by a rate hike, you just got a rate cut. You just found a very good chance to buy.

And I think it can continue today if you isolate the ones that do better when rates go

down.

Yeah, we are seeing a bifurcation in the market today.

You have stocks tied to the consumer.

Maybe lower rates will help the job market, help the consumer spending,

retail is doing well, discretionary categories, transports on the industrials as well, like

a Dover short cycle.

Meanwhile, tech is weak, some of its Oracle, we'll get into that, but tech doesn't necessarily

need a rate cut.

One of the reasons why I like tech is because it's immune from that.

And as I say, and how to make money in any market, please stop the daily machinations on

whether you think it's good or bad, but just recognize there's periods where it's in favor

and peers who's out favor because there's not an unlimited amount of capital.

And the money is flowing towards stocks like that we have that everybody hated, like Home Depot at apropos of our,

the conference school we have tomorrow. I'm saying you have to buy the stocks that are,

I was with someone from Home Depot the other day. And we were like, we're just saying,

look, the government targets their parking lots, how long is that

going to last?

It's not going to last forever that ice hangs out and arrest people from other countries.

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