It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

Don't miss a minute of the action. Good Monday morning. Welcome to Squawk on the Street. I'm Carl

Kintenea with Jim Kramer, David Faber at Post 9 of the New York Stock Exchange. Futures are very

solid as we kick off the busiest week of earning season. Big week of macro data with a jobs number

and the election eight days away.

Oil's on pace for its biggest loss of the year.

Our roadmap begins with the big week for big tech.

Alphabet, meta, Microsoft, Amazon, Apple among the earnings headliners.

Nearly a third of the S&P is set to report.

Plus, Boeing shares are slightly in the red ahead of the open.

A big effort there to shore up the company's finances it launches a stock offering uh and uh convertible offering could raise as much as 19 billion or even

perhaps a bit more McDonald's shares also on the move this morning bringing back its quarter pounder

burger following of course that fast food chain's recent e-coli outbreak.

Let's begin with this busy week for the markets and the NASDAQ, which is in the midst of a seven-week win streak.

Jim, and I know you're watching some of these MagS7 names this morning.

Look, they're just ramping, and there's not.

I mean, I found one piece, which is a Rosenblot Pete, which actually just says that

alphabet is just going to do okay, does like meta, models Amazon positive. You can't model

Amazon. That's the whole point of Amazon. It can't be mocked. But there's this drift up,

and I'm beginning to think that if you get, this is counterintuitive way, if rates go lower, then these go higher,

and yet they're the least sensitive to rates because they have nation-state-like balance sheets.

But meanwhile, I mean, rates, the tenure is higher than it was after the last meeting, correct? Well, yeah. Oh, no, absolutely. No, I'm talking about overnight, overnight because- You're talking on the- Wait, what? Overnight interest rates have gone. Right, you're talking about the short-down. The short-down. So the idea that these are related to interest rates is kind of fatuous. These are the companies that actually go up when rates go higher. So maybe they're just running up into our earnings. Well, no, but I'm saying we need to have some spur. They don't just wake up. The Algos just don't wake up and say, hmm, the commanders won. Let's just go buy meta. I mean, there is some sense to it. There's something they're looking at. Maybe it's related to oil prices. I don't know what these

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