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

CNBC Investing Club warning meeting.

We discussed the TGX buy to hold call from City.

And I said, well, that's just a, you got to be really careful with it when you make

a valuation call.

That said, I mean, up 28% for a company that is pretty good.

We have a big position. You may have to take some long.

Yeah, I mean, look, this city, it was up 6% yesterday, T.J.X. All time high. They say

the story's as good as ever, a continued beats and raises as they take share from department stores, Macy's,

JCPenney, Coles.

But this is interesting.

They point out that its market cap is similar to Nike, 60% higher than Target, and a higher

multiple than Walmart.

So that kind of- That skews their risk for reward.

But I think the company's just doing so well. Well, look, I think this is their time because there is a lot of inventory around. There are 150 Macy's that have to close. Where is that stuff going to go? It's not going to go to Ollie's. Yeah, I mean, so we trim some las at 115. Could we trim some at 120? Sure. I think that's what we do, right? We take a little bit off at stocks rally.

Because if it goes back to 110, I want to buy it. And we don't have flexibility. It's just trading around. It's not fleeing the position.

Just doing a little portfolio management after what some would regard as a parabolic move.

Yeah, the catalyst.

I don't like parabolic moves.

A catalyst, that being earnings.

Let's talk about Disney next.

So I've got some strong news.

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