Jim Kramer here to share with you a sample of my take on the market from today's CNBC Investing Club warning meeting.

I've got to tell you, they came back to tech, and I think it's hard at this point to try to figure out, as we saw this morning from Bank of America,

the piece about whether we're having a new bull market that's hated or are we having a continuation of the old market plowing ahead. I opt for the

latter and I like a market that's led by tech because those are the great forces of innovation.

That's what we should be looking at. Yeah and the reason why everyone's talking, are we in a new

bull market? It's because the S&P is now up 20% from the October lows.

It is now exceeding the recent 52-week high made on August 16th of last year.

So those are the big reasons, but yes, it is still a tech-driven market.

It has some big price target boosts on Microsoft today, Netflix, Adobe, which another

one that is pushing a lot of stocks.

I know you talked about that that extensively last night.

Tesla, up 11 straight days.

I want to show people.

When you have something like this, okay, this is what Larry Williams, my market historian

most worried about, we've now had a complete turn all right we should go up a lot of

people now this is really important are getting bullish a lot of people now

we've been buying all the way all right now now fortunately this is one of those

cycles that we got right or sometimes we get them them wrong, and we have the right stocks.

So it's incumbent upon us now the market's overbought to go the other way.

Now I'm not talking about reverting to lots of cash.

I am saying that if you have a Palo Alto, if you have a Salesforce, if you have a Microsoft, trim. Right. Trim. You mentioned

overbought. Yes, the oscillator moved into overbought territory after yesterday's session,

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