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

CBC Investing Club morning meeting.

And there's my thinking.

After the piece I wrote this weekend, Bitcoin is the linchpin, but it's not going to go down without a fight, including strategy, doing some sort of credit line, whatever. I start with that because I think the market's going down because of these specs.

And if you're going to do a market and, you know, look at a market based on speculation,

and by the way, 50% of the market is arguably related to speculation. It just happens to be a lot of ETFs that you don't see. Then you're in a jam, and you're not going to go up because the new money's not there. Yeah. Let's also keep in mind we're coming off a really strong week last week for the market. It was on lighter volume, but the S&P rallied almost 4%.

So a little bit of a dip today.

Makes sense, right?

We're off the worst levels of the morning.

I mean, why shouldn't it be?

Yeah. No, I think that's natural. You have Bitcoin, as you mentioned, falling back below 86K,

the oscillator in positive territories. So not yet overbought, but, you know,

we were pretty much on the doorstep of oversawed just two weeks ago.

Absolutely.

And remember, the oversold was measured by a company like Home Depot,

where the plummet was severe and painful for all of us who own it.

However, the rally is now above where it reported. And what

that says is, don't lose sight of the prize. The president is going to be appointing an easy Fed.

In an easy Fed, you buy Home Depot. You also, by the way, you buy GM, just for the record.

Yeah. And you mentioned the Fed. Rate cut odds still hovering around like 87% for a 25 basis point cut.

That's at the December 10th, FOMC meeting.

So, uh, you're so 37%.

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