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Hey, I'm Kramer.

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Do you over? Yeah, today we got a do

do over. Do you know how many times in my, I've seen anything like this in my 42 years from Wall Street

where we get an event that kills the market? And then a few days later, it's totally undone.

It almost ever happens.

It occurred after the misery of Liberation Day, and now we just got our second do-over in one year. That's right. On Friday, the President of the United States spread to slap 100% tariff on Chinese goods. No need to even talk to them. But then yesterday, he said, no worries. The relationship was fine. Talks are back on. So the market that plummeted Friday came roaring back today, Dow gaining 588 points, S&B climbing 1.5-6-20% NASDAQ jumping 2.21%. There's just

one problem. As tremendous as today's rally was, the market didn't come all the way back,

not nearly. And the stocks that did come roaring back

were the most speculative ones, the names that I'm most worried about more than that later.

For now, let me break down what happened. On Friday, the president, to start by China's

move to tighten the supply of rare earth minerals, decided that enough was enough.

Dealing with the Chinese trying to talk with the Chinese simply doesn't work. Better just to raise the tariffs from China to 100%. It was a calculated bet that China couldn't

afford to lose our markets, even though the core issue here is that we can't afford to lose

their rare ore of minerals. China believes they got the cars. This weekend, we got some numbers that

support their view. China's total exports to destinations of the United States grew nearly

...