Hey, it's Kramer and this is my morning take on the market from today's CBC Investing Club morning meeting. And I've got to tell you, Jeff, as we did say, it was going to be a bad week. And I feel good about that. I don't necessarily think that it's necessarily time to buy yet because the market is not really oversold. It's kind of middling. You know, we use this oscillator.

We're glad to be able to share that with people because it's been so right since we started to trust. Yeah. Things are starting to look a little bit more interesting than where we were a few days ago, though, when prices starting to come down. So we'll see. It's still kind of a no man's land, as you point out. but it is a pretty down week, S&P on track for more than 1% decline.

The NASDAQ snapping an eight-week win streak. That shows you. Now, you see Marvell's rolling over, but Dobby's been rolling over. Then Dobie comes back. I think Marvell comes back. Yesterday, some of our favorites. There's seven coming back. Palo Alto, one of the worst names two days ago. Yesterday, top name of the S&P hits a new all-time high.

But you mentioned something. Jeff and I go back and forth before we come out here. And we were talking about what level black and decker. We started to hear more about renovation, remodel. That's black and decker. It's come down. Remember, we have a teeny tiny position. But I would argue, you know what? No, hurry. Yeah. Don't buy it when it's up. Maybe on the next down day, something like that. But there was a Wells Fargo, their latest consumer survey of 1,000 consumers across regions, income brackets,

and age groups.

41% of consumers say they plan to step up spending on home improvement projects.

That was the highest of any category.

Makes sense.

There's no homes or sale.

Remember, almost every home either has a mortgage below five or frankly has bought it out in cash.

Typically what happens is that this is when you start remodeling because you're not selling

your home, particularly because you'd have to go up and say 7 to 8% for mortgage.

Some people say you can get one for 6.9.

But what has happened historically is this when you decide, you know what, it's not an expense anymore to fix my house up. It's a capitalization. That's a big difference mentally.

And it's a turnaround story. Right. A year ago, they initiated a program to take out tons of costs, clear out all the excess inventory, fix up its supply chain, which is a real, that was a big problem for them for a couple years.

So nice, about a year into a turnaround story there, so that's always good.

You know, I just think, again, minus 3.13 on the oscillator means starting to think about not being aggressive, but by, because we've had one of these moves where we said stay away,

trim, and we've got a lot of cash.

And so it's incumbent upon us to find things to buy as the market goes lower from this level.

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