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

CMEC Investing Club warning meeting.

We are in a moment, Jeff, where I literally think everything that is bad is rallying because

now anybody who needs financing at Warner Brothers Discovery, Ford if they wanted to finance,

we'll be able to do it. And we have some stocks that play into this hand rather well.

No, they're finally coming to life now that the Fed has kind of had this dove-ish pivot, surprising.

A lot of people with their dial-plot projections, pencil and again, three cuts.

Next year, we'll see how early some of those come. But I think it all

goes back to what happened in mid-November when we got the October CPI. It was flat. That was the

first indication that the Fed was done, raising rates. And we've seen a lot of stocks move since then.

On that morning meeting that day, I remember we talked about

housing plays, Stanley Black and Decker, the bank stocks, Wells, Morgan Stanley, all benefiting

from this environment. And those are the top winners. This is what diversification has meant

for. Okay. Let's say we only own the bag seven. Well, it would be a bad day. Yes. And we've trimmed some of those, too.

Right, right.

But you look at a Wells Fargo, and Wells sells it 12 times surgery.

It's got a higher multiple.

Morgan Stanley, like 14.

But wow.

I mean, this thing was here in 2018, okay?

Six bucks, yeah.

Still not gotten to where it was in 2018, and yet it's a much better bank.

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