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

I've got to tell you, this is one of those days that I'm starting to feel is where we are.

It's a drift down day, okay?

We don't have oil and gas influencing us.

We don't only have bonds influence us, maybe tomorrow with PC deflator.

But we're getting less overbought.

And you said something to me earlier today that people should know. I said, well, the oscillator

of what is it? It's one. And you said basically what? That it's not as indicative. Don't make

good judgment. Well, it just hasn't come into play, I would say, over the last couple of months.

We were overbought for a little bit. Towards the end of the year coming into 24 haven't really seen an

oversold oversold yet because it really hasn't been a pullback in the market

yeah I just thought was worth noting that because we have Bill Paul at the

conference and he's sensational for from a market I mean the product is a great

product but unless the oscillator goes into extremes it's not He's sensational from a market. I mean, the product is a great product.

But unless the oscillator goes into extremes, it's not played a role in trying to pick stocks.

Yep.

Good point.

But there are some earnings coming out today.

Most importantly for us, TJX earnings this morning.

Very strong quarter, $1.22.

They earn versus $1.12 expectations. Well above guidance, by the way. They guided $97 to a dollar. Comp sales up 5%. The estimate was 4.3, driven by transactions, which is good. Which is good. That means not jacking a price. By the way, that is not their style of jack up price.

They're a price cutter. No, absolutely. Good value in their stores. Right. Traction's mean traffic. That's the synonym there. Margins good. Every concept delivered positive cons.

...