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

CMEC Investing Club warning meeting.

We got a CPI number that frankly was in line and that's kind of dictating a lot of what's happening today.

Wasn't a great number, wasn't a bad number.

A bad number and a, meaning a a hot number and we wouldn't get

this, a great number and well all I could say is we might have been up three, four percent

and that's very important because this shows once again when our oscillator hits minus five

below, it hit minus seven, we have coiled springs even on just okay news. This is coiled spring.

The reason I started with that for morning meeting is what it shows is emblematic of where we really are with the stock market.

You get some good news.

News, for instance, like CEOs coming on, there's keys coming on.

We had Huntington, we had Colin Frost, which leads me to what Steve Leesman broke today, which is that there's senior treasury official that the administration strategy has been sending a clear message to positors, positive. Now, this is Treasury. What you're seeing behind the scenes is the following. Treasury is on board. They are very worried about Bitcoin being collateral positive.

Bitcoin is up there. We're very well about that. The FDIC is not dictating things anymore.

FDIC was in charge last week. That didn't work. Dooling agencies.

FDIC, Treasury and J, and Federal Reserve. Treasury now leading, Treasury has the ability to say things like this

and have to be backed up because that's happened from Tim Geithner. So that changes, I don't say it

changes everything because when we hear the Silicon Valley Bank, if the auction failed, we'll go back

down. But be aware that what it does is say reprieve and reprieve.

So that's what we're getting.

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