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

morning meeting.

I just don't want to be fall prey to the idea that you can't buy anything because it's 5%,

can't buy anything because the Fed may not cut.

Those have been fools, and what's made a lot of money for you is to listen to conference

calls, picked right stocks.

Right, and you bring up Dell at blowout quarter last night strong demand for their AI servers orders up 40% sequentially

the backlog nearly doubled so you can see the big move there but you mentioned some of the AI chips

right that's kind of like the first derivative of the stocks that benefit to but it's actually so

much more than that a lot of industrials tied to building out these AI factories that power these AI factories.

The Dell is the AI factory builder. Now, by the way, Michael Dell, I believe in his team

would tell you that the companion in the building out of the AI factories is Broadcom.

Yeah. Now, the Brodcom stock will appear to be higher on this.

Yeah.

Well, I'm looking out even further from Broadcom, right?

You pull up and Eaton, eating another new high today.

So I'm saying it's not just the chip stocks that are benefiting from this major investment cycle.

There's industrials as well. And that's how the rally spreads out beyond the Magnetons and 7. Caterpillar's data center, which we never thought, but you used to the Caterpillar's infrastructure, the number one market's data center. Jim Muppupup will be repeatedly told me that that's where the action is. Now, so within, wow, within these, you have to figure, okay, what does Alphabet have? Where's Apple fit in? Those Apple AI is it going to be the 16 versus Samsung? Yeah. But to not focus on these and to focus on the minutia of the PCE is to basically say to you, investing club members, we can't help you.

We want to play politics. We're going to talk about J-PAL.

Unfathomable things. We don't know what J-PAL. I've known J-PAL for 25 years.

We have no idea.

Start your day with my outlook on the market every morning.

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