Hey, I'm Kramer.

Welcome to Mab Money. Welcome to Kramer.

I'm just trying to make you a little extra money.

My job is not just to entertain, but to teach you, and we're doing that tonight.

So call me 1007474C, tweet me at you from Kramer.

There is never a good time to buy the great ones. When they're going up, you're chasing. When they're going down, you're buying into a value trap, or you're trying to catch a falling night. That's how so much of Wall Street sees this job. If you buy it any time, it's probably going to be the wrong time.

But on a day where we hit some more records, Dalgating 192 points has to be advancing 0.27% in the NASDAQ, edging up ever so slightly 0.09%.

I think we have to try to distinguish between stocks that go down because they should be going down and stocks that go down because of a widespread misperception. Let's operate on the latter. This morning, for example, there's a lot of

talk about Costco. Same store sales. Not great. Failing wisdom, Costco, which reported June

monthly sales last night after the close, delivered 5.5% U.S. comparable sales growth, X gasoline,

when the street was looking for six.

Ooh, disappointing, right?

How disappointing? How about enough to send the stock down almost 12 points today?

Is that wrong? or is that right?

I think it's wrong.

I like Costco the store very much,

and I'm always looking for a chance to buy Costco the stock

on weakness for the Chappell Trust.

Tomorrow we have an annual meeting for the Investing Club,

which you can follow along with, if you're a member.

And boy, is it ever tempting if we didn't own so much Costco already to do some buy? Buy, buy, buy. Why? Well,

Costco's been a long-time position of the trust because I love the shop there, and I love

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