Episode Transcript
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Speaker 1 (00:01):
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Viz Talk studios. Here is
Gary Cultbomb.
Speaker 2 (00:12):
And well once again to Investor's Edge, I'm Gary Kolbam,
your host day. Thanks for being with us today. Glad
you hear, ladies and gentlemen, happy that you are listening.
It's nine to eleven, twenty twenty five. Amazing, lee twenty
four years removed from that tragic terrorist event. Stunning twenty
(00:47):
four years, ladies and gentlemen. We had a very good
day in the market. But we'll get to that in
a few minutes, and I promise we'll cover it in depth.
But let's start by saying, in case you do know,
this is serious talk on everything affects you. We'll do
the markets, the economy, your job, your industry, debt and
deficits and scams and shams and all the big news
(01:10):
of the day that matters to us and hopefully matters
to you. And of course, and this is very apropos
right now, if you want to email us, just be
nice and be respectful, because we're going to be nice
and respectful back whether you disagree with us one hundred
(01:33):
percent or not. The only thing we won't deal with
is if you tell us you like hamas and you
get the whole point to that. It's nine to eleven today,
so I remember exactly where I was when it hit,
and it's kind of hitting home today in that I
(01:55):
was standing next to a man named John Debrule and
very old friend of mine who just passed away in
the last month, and I'm going to a celebration for
him on Saturday. I was just thinking about that today
with nine to eleven. I remember where I was, where
(02:20):
I was standing, and there are a few things that
stood out, and i'd even realize this. My son was
in the office with me, and I completely forget my
son told me that. I'm like, are you sure? He
goes dad? And my son was there in the office
(02:41):
with me, and the one thing that stood out, believe
it or not, because everybody was having fits over it,
and this is not a rib and as you know,
we don't take on anybody with the markets. But Jim
Kramer went on TV and said his sources tell him
it was a small plane that hit the World Trade Center,
(03:04):
and I remember turning to John de Brul and saying,
wait a minute. I was just there I think it
was about nine months before that. Ain't no small plane,
and of course a second plane hitting, But I wanted
to talk about just so you know, twenty nine hundred
and seventy seven passed away. But did you know since
(03:28):
thirty seven hundred and sixty seven first responders have died,
twenty three hundred and eighty eight of them had cancer.
There's been forty eight thousand, five hundred and seventy nine
cancer certifications and they're all linking nine to eleven. As
(03:50):
you know, they were all helping out there. It's stunning.
Three hundred and forty three firefighters were killed that day.
Do you know they were running up the stairs while
people were running down the stairs, And four hundred and
(04:14):
nine more firefighters have died from cancer links from that.
When you have a chance, you should. You should check
out the stories of these firefighters. There was a great
sixty minutes piece on that, if you can go find it,
check it out, and also read about you know the sec.
(04:38):
He's the Secretary of Commerce, Howard Lutnik, And you know,
I'm kind of sort of not thrilled with everything that's
gone on lately. Go read up what he did for
the families, a counter Fitzgerald who was hit very hard
at nine to eleven, and we really cannot forget that
(04:59):
they're are those that would love to do many more
nine to elevens. And you know when we get people
complain about Israel and what they're doing, well, the bad
guys have said they're going to do one thousand more
October seventh, So what are you supposed to do? What
are you supposed to do as a country. You got
(05:20):
to eradicate them, so simple as that. Anyway, that's some
of the numbers on nine to eleven, and the tragedy
of so many that passed away that were helping out
after nine to eleven. Now I had the Neil Cavudo,
who's no longer with Fox, asked me, I couldn't believe
he did the year after did the show on a
(05:46):
rooftop overlooking the nine to eleven site, and it was
such The Treasury Secretary was on right before me, remember
Al Sharpton and the Mayor Kach were on right before me.
(06:06):
And I remember going on with Neil, and I couldn't
hear a thing he said to me in my ear,
so I just ran with it. What an honor to
be asked that I remember that after the fact that
I couldn't believe because they had removed everything. And I
gotta tell you it was a year after the I
think it was the year after. I couldn't believe how
(06:35):
much real estate those twin towers took up. They had
removed everything. Just rated a big wow. And now let
me segue. Charlie Kirk was assassinated yesterday in cold blood
by a stupid, cowardly prick. He will be caught. They
(07:03):
have pictures of a suspect. We don't know if that's him,
but I think they think it's him. They think he's
of college age. And I've been getting emails on it.
I put out a little note on it today. I've
never met him, didn't know him but about a year ago,
(07:26):
you know. I Every now and then I'll go on
Instagram just look at some things because I follow some
weight trainers and things like that, and up came a
video of Charlie Kirk and I had never seen one
where he's at a college and a tent, just like
he was when he was murdered. And what you had
people walk up to a mic and engage him and
(07:49):
he sat there while these young college students were walking
up and f bombing him and calling him the worst
possible things you can basically call somebody, and he just
sat there and took it and would say something to
the effective is that when you came here for can't
we have a good discussion or something? And you had
(08:09):
some miserable kids that refused, and then you had others
that engaged and they went back and forth with good dialogue.
I thought it was fantastic. And by the way, I
don't agree with everything about him. Those are some things
I figure I may quite disagree with some of the things,
some of his views, but I loved it. And when
(08:33):
I say to you on this show, email me just
be nice and if you disagree with me one hundred percent,
just be nice and respectful. We mean that. And I've
watched a lot of videos now over the last year
of Charlie Kirk, and he would go to colleges and
engage people that don't like him and disagree with them.
(08:56):
I thought it was fantastic, fantastic, and I don't think
he swayed any of them. I think a lot of
them thinks he's a racist, thug, hitler, nazi, whatever. But Wow.
And the other thing he did was the left doesn't
realize this that yes, he brought on a ton of
(09:21):
people to the conservative side at these colleges, but does
he do these the left not realize by doing that,
you had a lot more people on the left engaged
in politics. He did the left of favor also. Anyway,
(09:41):
back to the point, I hope they find this creep.
I can't say what I would do with him. I'd
be drummed off the air. You know what I think
of these people there, and most criminals, they're cowards. They
don't face you. Luigi shot that CEO of United Health
in the back. Coward And now you got another one.
(10:07):
And now you got another one. Wife, two young kids,
thirty one years old, very accomplished, very loved. I have
a lot of friends at Fox that knew him well
(10:27):
and loved him. And I was watching my friends on
TV today and I can tell how hurt they are
about this tragedy, this murder. Up next, we'll close the
book on that, and then we'll hit the markets lots
to say, I'm Gary, this is the one only investor's edge. Hi,
(11:02):
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eight eight four two two five five five nine. That's
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That's eight eight eight four two two five to five,
five to nine. Investment advisory services offer through Call Capital Management.
Speaker 3 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 1 (12:09):
You're listening to. Okay, Investor's Edge.
Speaker 3 (12:15):
The last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bomb.
Speaker 2 (12:19):
It doesn't get better than this, so uh quite the day.
Let me uh, put a little finish on this, you know,
(12:41):
because of social media and people putting up videos. Amazingly,
I've watched people get into fistfights and beat the crap
out of each other, at least try to try to
hurt each other because one person was pro life and
one person was pro choice. And I'm thinking to myself,
(13:05):
without me telling you what I am, if I was
pro choice in your pro life, okay, teach his own.
If I was pro choice and you were pro life.
But people are out there hating and hating and hating
(13:26):
over somebody's opinions. I have said all along, and really
do believe this, as long as you are acting in
the rule of law, you're not harming anyone. You're not
hurting anyone. And by the way, I was using the
pro life pro choice this as an example. Let's put
(13:48):
that aside. It can be any one of these political
subjects to each his own, that's all. But there's also
some logic to it. There are people that believe that
men could be in women's sports. I don't, but I'm
(14:14):
not going to beat the crap out of somebody who
says men should be in women's sports. There are people
that think men should go into women's bathrooms. Well, I
got news for you. If I had a daughter, I
wouldn't be too happy about that. No, thank you, but
I won't beat the crap out of you. But there's
a lot of people out there that are just so
emotional wres over what other people think and believe, without
(14:38):
any respect for anybody's opinion whatsoever. It's amazing to watch.
And as I said, you can disagree with me one
thousand percent, I'll shake your hand unless you like hamas
and anything else having to do with terrorism and crime
(15:02):
and all kinds of crazy crap. And it's just amazing
to me how many people are so mad and now
to the point of man is dead, and of course
you had your usual ass clowns. There are people celebrating
(15:24):
out there. They're celebrating a man's murder. And people are
stupid also, they're putting videos up there of them celebrating.
They're getting fired from their jobs, dumb asses. I saw
one where I forgot what it was, but it had
(15:46):
to do with a person who is supposedly what has
to do with health and well being of people, and
was celebrating the other She was fired and then the
media they had this schmuck on MSNBC. The body isn't
(16:08):
even cold. Well, you know he deserved it. No, he
didn't schmuck and they to ms NBC, they fired the moron.
But then I was watching CNN you and you know
who Anderson Cooper is. Oh Jesus controversial. This controversial that
(16:33):
this guy was thirty one year old man with two
kids and he was just freaking murdered. And you gotta
throw this contraver. Controversial to you is not controversial to others,
So shut the hell up and be an anchor and
not an ass. There's so much of that going on.
It's amazing, it really is. And as you know us,
(16:56):
I don't care left or right, live and let live
live a good life. Vote who you want to vote for.
I'm gonna respect you again unless you like AMAS anyway.
(17:20):
That's uh my little take today of quite the day,
and uh we'll leave it at that. Appreciate your indulgence
me covering this stuff. And if you don't think this matters,
(17:40):
well it does. But as you know, we have a
job to do here. And the Dow is up six
seventeen today, s and P fifty five Nazdak one fifty seven,
Nasdak one hundred and three, Russell two thousand was up
forty four, transports two twenty three. Advanced declines were strong.
(18:01):
It's a good day. What's going on. Plunging rates, ladies
and gentlemen, cause and effect. Plunging rates cause an effect.
You can go get a chart of the ten year
yield and you will see over the last six seven
(18:22):
days an absolute trouncing of yields. And as we have
told you, markets usually like that. It also gives rise
to next week the Fed will lower rates. There are
people talking a half point because who I don't know,
but that's the story. Cause an effect. And on top
(18:44):
of that, oil prices dropped the stick today. Then you
had the oracle news for the semiconductors and artificial intelligence
and all that crap, and we'll get to that in
a minute. But today was a good day for banks
and financials and insurance and economically sensitive, the transports. As
(19:10):
I mentioned, the housing and housing related another good day.
Interest rates going down. Auto dealers had a good A
lot had a good day today. That, let me put
it that way to you. I don't know how much
more to say. The S and P went into new
(19:32):
high ground. You know we say about new high ground
potentially begets more new highs. That's how it pretty much works.
And when you have strong advanced declient figures, that's a
lot of stocks moving higher. Even some weaklings had good
(19:53):
moves today. You know, we've been complaining about the rails
and truckers they bounced. Still not leadershi, but they had
a good day in the down today. Goldman down up fifteen.
That's uh, that's almost one hundred dow points. Home Depot
with their crappy numbers up ten. That's sixty five down points.
(20:15):
Sherwin Williams Housing related that was up about seventy dow points.
Travelers the insurance company. I think that's almost breaking out.
That was upset. I can go on and on. Caterpillar,
which is with their twenty percent drop in earnings, was
up eight today. That's sixty dow points. I can go
on and on, but you get the point up next.
(20:39):
What else? I'm Gary, this is the one only investor's edge.
Speaker 3 (21:11):
You're listening to.
Speaker 2 (21:12):
America is talking small investor's edge. He's got the crowd
is just on his feet. Here.
Speaker 3 (21:21):
Boy with Gary called Bob come highly recommended you're gonna
feel better if you talk to him.
Speaker 2 (21:37):
And well, once again to investor's edge. Even Adobe is
up in the f the market, and that's been a
very week, very weak uh software stock. They reported earnings.
I'll have to look him over in a little bit.
I'm writing that down as we speak. Got it. Anyway,
(22:02):
back on the markets, what have we always told you
financials and semis, Well, semiconductors had another good day to day.
I'll explain that in the second. Financials had a good
day today. The Philadelphia Semiconductor Index, which is wild swinging,
(22:23):
is back at the yearly highs. The banking index, let's
see the bk X. If I get it right, that's
near highs. Yet, as I mentioned, Goldman up today. They
were all up today. And you do not get bear
markets when that crap happens. And I do know there's
(22:46):
a lot of talk. I know, I know there's a
ton of talk of recessions and depressions and this, that
and the other thing. And I'm just letting you know,
I've said it a thousand times on this show. Just
watch the market. It will tell you for going into recession,
(23:08):
because the market will start collapsing months in advance, because
that is always the characteristic of recessions in the markets.
The market's flush it out and do its thing. And
as you know, the job market, it's a little soft.
(23:31):
There's some areas that are soft. We still worry about
the ridiculous debt and deficits, which are obscene at this point.
But the market loves easy money, always has, always will
unless you're going into deep recession slash contraction, and it
(23:56):
ain't happening as of yet. And as I look at
my screens, a lot of green, even my weakest areas
a lot of green. Today. They bounced the week also,
and if the week is not going lower, things are
usually okay. If things change, we'll let you know now, Oracle, interesting,
(24:26):
it's down twenty bucks today. That was after going up.
What do it do yesterday? Let me get that number.
Let's see it closed at Come on, little guy, uh,
it closed at two forty one, and the next day
yesterday closed at three twenty eight. That's fifty nine eighty
(24:49):
seven bucks. It was up, gave back twenty today, but
is actually off the highs of yesterday, which was three
forty five. We closed just under three oh eight today,
So hopefully you didn't buy the highs yesterday? How's that?
Because of that? Broadcom Avgo was down ten and a
(25:13):
few others were down. I gotta tell you terrific. We'll
let you know. We haven't done anything yet. We think
there's a good chance that these things are going higher
over time. But when things get a little too far
away from their norm, they got to settle down, they
(25:35):
got to pull back. The other part of the equation
of oracle is they made some big predictions on numbers.
So guess what. The makers of stuff had a very
good day to day. Lam Research Equipment Maker up eight today,
seven point six percent, KLAC up twenty six percent of
(26:00):
dollars today, up two point eighty six percent, And boy
did that do a turnaround. Micron beats the hell out
of me. What's going on here? But they gap that
up again today. Do you know Micron was one twenty
six days ago, it's one fifty today. Something called sand Disc,
which by the way, just came back public in February
(26:24):
and its recent quarter earnings were down seventy seven percent,
which sucks. Broke out six days ago at around fifty eight.
It's eighty four. These are data storage memory card flash
(26:46):
drive companies and whatever Oracle said a big boom. So
that list of names, the names like Credo and Aristo Labs,
(27:06):
Arista Networks, excuse me, ASTERI Labs and others. Boy oh boy,
we are going to be watching these suckers look for
great setups. Gotta be careful about things that are extended.
Let them pull pull things back. I gotta anything's possible
(27:34):
in these markets. You do know that who knows what
the next shoe to drop out of the DC is
on tariffs or whatever. But right now, as I was
doing my scans late in the day, looks pretty darn good.
(27:57):
Tomorrow's another day. The other part of the equation that's
quite interesting is while there's some sentiment indicators that worry
the living crap out of me, overall there is not extreme,
extreme bullishness while we're breaking out into new high ground. Huh,
(28:22):
quite the quite quite the quite anything troublesome Today, well,
Netflix lost one of their big product people dropped forty
four bucks today. Netflix had a bad reaction to earnings
in July and has been dead money now since May,
(28:44):
but really hasn't done much wrong. It's just going through
its own Spotify was down also they've been moving kind
of sort of in sympathy of each other and is
on the weaker side right now. Not a big deal.
Carvana down eleven bucks today, while some other I got
(29:06):
news for your Ford that's had its problems. A breakout
above twelve dollars probably gonna get some legs. Gold miners
were strong again today, even though gold would drop. The
GLD drop the whopping fifty cents today, So gold strong, silver,
(29:31):
silver strong. Commodities had a good day. What's going on
with the dollar? It continues to act like crap, But
in case you don't know, you can look it up.
A week dollar helps our stocks. A crashing dollar could
be a trouble. Eventually, it ain't crashing, it's dropping. And
(29:58):
that's your story. I'll do a double scan tonight. Hanging
out with Winston. By the way, I had one radio
listener complained because he heard Winston barking in the background,
and I engaged them very respectfully. But to that wonderful
(30:18):
listener and keep listening. People love dogs, That's all I
can tell you. People love dogs, and especially Winston, the
greatest dog on earth. Had aggressive cancer three years ago,
gave him six months, put him on chemo, couldn't get
(30:43):
up on a bed. Two days later cause of the
chemo took him off thought six months. Three years later,
did have one surgery to pull out one of the tumors.
And now nine months ago they founded another tumor in
a bad spot. And they were talking about three months
four months. It's nine months later and he's showing no
(31:06):
signs of letting up my dog Winston. His hearing is
a little bit troublesome these days, but that's about it.
I got a really kind of raise the voice for
(31:27):
Winston to hear me. That's okay, And that's a little
bit of Winston, by the way, And to that listener,
thank you for engaging. And I appreciate the input. And
we always try to do the best we can up
next this, that and the other thing and whatever else.
(31:50):
This is the one only investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 2 (32:16):
What are you waiting for one to ready go? We
can't Rey called Bob Nod? What else did I want
(32:51):
to tell you? You know what I want you all
to be careful about. This is me Gary, the product guy.
Do you I have like Google workspace? I've got some
Apple things that I pay recurring subscriptions. I just want
(33:18):
to let you know. I'm not going to mention which ones,
but they sneakily raise prices on you with narry a
word to you, And now I got to go and
engage them. How did I go from paying ten dollars
(33:39):
to forty? I'm letting you know. I think there's a
lot of that going on out there. And oh, by
the way, your subscriptions to a lot of these streaming services,
they're all raising prices. Just letting you know. I swear
(34:00):
I signed up for Serious Satellite for twelve bucks each
car that I have, but somehow I'm now paying twenty five.
And I don't remember being told I was paying twenty five.
So I engage them and they tell me, well, I
have the premium thing. I go, when did I ask
(34:22):
for the premium thing? Just letting you know. For all
the peeps out there, there's a lot of that going on.
Just let you know. Google Workspaces, I went from ten
(34:47):
bucks to forty and when I looked on it, they
have five supposedly five people on there or five whatever.
I never signed up for that, So I have to
email them. And by the way, it takes an act
of God to get a hold of some of these
(35:08):
people to get them to change these things also. So
I'm just letting you know this is going on out there,
and we're not talking the big Bucks, but it is
the principle. And I can tell you flat out, if
I can save ten bucks that I'm not supposed to
be paying, I am going to do something about it,
and you should too. I guess that's the Dave Ramsey
(35:32):
and me. And you know what I say about credit
cards never pay interest. So I just want to let
you know that's going on. And again it's like all
of them. Oh, and don't get me started with my
storage unit that they hook you in for a low
(35:53):
price and they don't tell you, oh, by the way,
it's going up thirty percent four months later. It would
be nice if there was some full and fair disclosure.
It's kind of like when you buy concert tickets and
they give you a price and okay, good, good price,
(36:14):
and then you go to pay, oh, thirty percent fees
and they're nice enough to explain what the fees are for,
but they don't give it up front. And now you
have the airlines trying to lobby the White House into
rolling that back for the airlines, and I'm thinking to myself, Hey,
(36:38):
mister and missus airline, don't you care about your clients,
the passengers. Why not just tell them what they're paying
up front, the whole thing. Why does it have to
be this? And then all of a sudden, at the
end of the road you have to go in through
six pages of things. Oh, it's twenty percent more. I
(37:07):
don't understand people and some businesses. It's very weird. Just
letting you know that's going on out there, and a
lot of it's wrong. In other news, I think I
mentioned yesterday, but I mentioned one more time. They listened
over at Cracker Barrel. They're being made fun of. They
(37:31):
shouldn't be made fun of. They made a mistake. They
corrected their mistake, just like the president the stupid Liberation
Day tariffs, the insanity of it. They corrected a mistake
within a couple of days. Leadership and smarts has more
(37:52):
to do with fixing your mistakes than your successes. So
good on Cracker Barrel. I hope they are a great
success going forward. Tremendous competition for the buck though the
restaurant I mentioned yesterday, the restaurant stocks have been acting
(38:14):
like the south end of a northbound jackass, and I
just think the story goes there's just so many of them,
and the competition is fierce, and you gotta be careful location.
You know where I live, there's a Chick fil A
on one very road there with a lot of traffic.
(38:37):
You gotta wait, I mean it's double driving. But they
just put another one just five miles away. No wait,
So this is what they all have to deal with.
I wouldn't want to be in the restaurant industry. Tough road.
(39:00):
Wish them all well. If I had any message to
all of them, good food, good value, good service, shouldn't
be hard, right, good value very important. That would be
my message to the CEO of Starbucks, who thinks they
(39:22):
can charge whatever they want to charge. You know, Starbucks
is very lucky. Somebody else hasn't come in a very
big way. There's some other fringe ones out there, but
not in the gargantuan way. What is it that Brother's
coffee that's out there, Bros, Dutch Brothers. I know they're
(39:46):
opening up a bunch of places. Bros. They're up to
nine hundred and eighty two drive throughs. I have not
been in one Starbucks. I don't know how many they
have around the world. In New York City, they're like
every corner. We'll keep you apprized. That all said, you
(40:08):
have a great evening. Drive carefully or when you get home,
do like we do. Quite simple. Make sure you hug
your family. Make sure you hug your children. They will
feel better. You will feel better. I promise they will
be well. Have a great evening. Everybody, good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbomb on Biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's garyka dot com.
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Viz Talk studios. Here is
Gary Cultbomb.
Speaker 2 (00:12):
And well once again to Investor's Edge, I'm Gary Kolbam,
your host day. Thanks for being with us today. Glad
you hear, ladies and gentlemen, happy that you are listening.
It's nine to eleven, twenty twenty five. Amazing, lee twenty
four years removed from that tragic terrorist event. Stunning twenty
(00:47):
four years, ladies and gentlemen. We had a very good
day in the market. But we'll get to that in
a few minutes, and I promise we'll cover it in depth.
But let's start by saying, in case you do know,
this is serious talk on everything affects you. We'll do
the markets, the economy, your job, your industry, debt and
deficits and scams and shams and all the big news
(01:10):
of the day that matters to us and hopefully matters
to you. And of course, and this is very apropos
right now, if you want to email us, just be
nice and be respectful, because we're going to be nice
and respectful back whether you disagree with us one hundred
(01:33):
percent or not. The only thing we won't deal with
is if you tell us you like hamas and you
get the whole point to that. It's nine to eleven today,
so I remember exactly where I was when it hit,
and it's kind of hitting home today in that I
(01:55):
was standing next to a man named John Debrule and
very old friend of mine who just passed away in
the last month, and I'm going to a celebration for
him on Saturday. I was just thinking about that today
with nine to eleven. I remember where I was, where
(02:20):
I was standing, and there are a few things that
stood out, and i'd even realize this. My son was
in the office with me, and I completely forget my
son told me that. I'm like, are you sure? He
goes dad? And my son was there in the office
(02:41):
with me, and the one thing that stood out, believe
it or not, because everybody was having fits over it,
and this is not a rib and as you know,
we don't take on anybody with the markets. But Jim
Kramer went on TV and said his sources tell him
it was a small plane that hit the World Trade Center,
(03:04):
and I remember turning to John de Brul and saying,
wait a minute. I was just there I think it
was about nine months before that. Ain't no small plane,
and of course a second plane hitting, But I wanted
to talk about just so you know, twenty nine hundred
and seventy seven passed away. But did you know since
(03:28):
thirty seven hundred and sixty seven first responders have died,
twenty three hundred and eighty eight of them had cancer.
There's been forty eight thousand, five hundred and seventy nine
cancer certifications and they're all linking nine to eleven. As
(03:50):
you know, they were all helping out there. It's stunning.
Three hundred and forty three firefighters were killed that day.
Do you know they were running up the stairs while
people were running down the stairs, And four hundred and
(04:14):
nine more firefighters have died from cancer links from that.
When you have a chance, you should. You should check
out the stories of these firefighters. There was a great
sixty minutes piece on that, if you can go find it,
check it out, and also read about you know the sec.
(04:38):
He's the Secretary of Commerce, Howard Lutnik, And you know,
I'm kind of sort of not thrilled with everything that's
gone on lately. Go read up what he did for
the families, a counter Fitzgerald who was hit very hard
at nine to eleven, and we really cannot forget that
(04:59):
they're are those that would love to do many more
nine to elevens. And you know when we get people
complain about Israel and what they're doing, well, the bad
guys have said they're going to do one thousand more
October seventh, So what are you supposed to do? What
are you supposed to do as a country. You got
(05:20):
to eradicate them, so simple as that. Anyway, that's some
of the numbers on nine to eleven, and the tragedy
of so many that passed away that were helping out
after nine to eleven. Now I had the Neil Cavudo,
who's no longer with Fox, asked me, I couldn't believe
he did the year after did the show on a
(05:46):
rooftop overlooking the nine to eleven site, and it was
such The Treasury Secretary was on right before me, remember
Al Sharpton and the Mayor Kach were on right before me.
(06:06):
And I remember going on with Neil, and I couldn't
hear a thing he said to me in my ear,
so I just ran with it. What an honor to
be asked that I remember that after the fact that
I couldn't believe because they had removed everything. And I
gotta tell you it was a year after the I
think it was the year after. I couldn't believe how
(06:35):
much real estate those twin towers took up. They had
removed everything. Just rated a big wow. And now let
me segue. Charlie Kirk was assassinated yesterday in cold blood
by a stupid, cowardly prick. He will be caught. They
(07:03):
have pictures of a suspect. We don't know if that's him,
but I think they think it's him. They think he's
of college age. And I've been getting emails on it.
I put out a little note on it today. I've
never met him, didn't know him but about a year ago,
(07:26):
you know. I Every now and then I'll go on
Instagram just look at some things because I follow some
weight trainers and things like that, and up came a
video of Charlie Kirk and I had never seen one
where he's at a college and a tent, just like
he was when he was murdered. And what you had
people walk up to a mic and engage him and
(07:49):
he sat there while these young college students were walking
up and f bombing him and calling him the worst
possible things you can basically call somebody, and he just
sat there and took it and would say something to
the effective is that when you came here for can't
we have a good discussion or something? And you had
(08:09):
some miserable kids that refused, and then you had others
that engaged and they went back and forth with good dialogue.
I thought it was fantastic. And by the way, I
don't agree with everything about him. Those are some things
I figure I may quite disagree with some of the things,
some of his views, but I loved it. And when
(08:33):
I say to you on this show, email me just
be nice and if you disagree with me one hundred percent,
just be nice and respectful. We mean that. And I've
watched a lot of videos now over the last year
of Charlie Kirk, and he would go to colleges and
engage people that don't like him and disagree with them.
(08:56):
I thought it was fantastic, fantastic, and I don't think
he swayed any of them. I think a lot of
them thinks he's a racist, thug, hitler, nazi, whatever. But Wow.
And the other thing he did was the left doesn't
realize this that yes, he brought on a ton of
(09:21):
people to the conservative side at these colleges, but does
he do these the left not realize by doing that,
you had a lot more people on the left engaged
in politics. He did the left of favor also. Anyway,
(09:41):
back to the point, I hope they find this creep.
I can't say what I would do with him. I'd
be drummed off the air. You know what I think
of these people there, and most criminals, they're cowards. They
don't face you. Luigi shot that CEO of United Health
in the back. Coward And now you got another one.
(10:07):
And now you got another one. Wife, two young kids,
thirty one years old, very accomplished, very loved. I have
a lot of friends at Fox that knew him well
(10:27):
and loved him. And I was watching my friends on
TV today and I can tell how hurt they are
about this tragedy, this murder. Up next, we'll close the
book on that, and then we'll hit the markets lots
to say, I'm Gary, this is the one only investor's edge. Hi,
(11:02):
I'm Gary Kolbaum hosted a nationally syndicated radio show Investor's Edge.
We're not just handsome radio people. We manage investors' money
for a living, specializing in fee based discretionary money management.
No big commissions, just a fee on the assets that's managed.
We also provide a full range of personalized services, including
retirement planning, fixed income and educational needs, all to assist
(11:25):
you in achieving your financial goals. Understanding not all individuals
have the same needs, will carefully evaluate your personal goals
to determine a proper investment strategy. If your current approach
to investing is not getting you to where you would
like to be, call us to make an appointment for
a complementary portfolio review. The number to call is eight
eight eight four two two five five five nine. That's
(11:48):
eight eight eight four two two five to five five nine.
That's eight eight eight four two two five to five,
five to nine. Investment advisory services offer through Call Capital Management.
Speaker 3 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 1 (12:09):
You're listening to. Okay, Investor's Edge.
Speaker 3 (12:15):
The last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bomb.
Speaker 2 (12:19):
It doesn't get better than this, so uh quite the day.
Let me uh, put a little finish on this, you know,
(12:41):
because of social media and people putting up videos. Amazingly,
I've watched people get into fistfights and beat the crap
out of each other, at least try to try to
hurt each other because one person was pro life and
one person was pro choice. And I'm thinking to myself,
(13:05):
without me telling you what I am, if I was
pro choice in your pro life, okay, teach his own.
If I was pro choice and you were pro life.
But people are out there hating and hating and hating
(13:26):
over somebody's opinions. I have said all along, and really
do believe this, as long as you are acting in
the rule of law, you're not harming anyone. You're not
hurting anyone. And by the way, I was using the
pro life pro choice this as an example. Let's put
(13:48):
that aside. It can be any one of these political
subjects to each his own, that's all. But there's also
some logic to it. There are people that believe that
men could be in women's sports. I don't, but I'm
(14:14):
not going to beat the crap out of somebody who
says men should be in women's sports. There are people
that think men should go into women's bathrooms. Well, I
got news for you. If I had a daughter, I
wouldn't be too happy about that. No, thank you, but
I won't beat the crap out of you. But there's
a lot of people out there that are just so
emotional wres over what other people think and believe, without
(14:38):
any respect for anybody's opinion whatsoever. It's amazing to watch.
And as I said, you can disagree with me one
thousand percent, I'll shake your hand unless you like hamas
and anything else having to do with terrorism and crime
(15:02):
and all kinds of crazy crap. And it's just amazing
to me how many people are so mad and now
to the point of man is dead, and of course
you had your usual ass clowns. There are people celebrating
(15:24):
out there. They're celebrating a man's murder. And people are
stupid also, they're putting videos up there of them celebrating.
They're getting fired from their jobs, dumb asses. I saw
one where I forgot what it was, but it had
(15:46):
to do with a person who is supposedly what has
to do with health and well being of people, and
was celebrating the other She was fired and then the
media they had this schmuck on MSNBC. The body isn't
(16:08):
even cold. Well, you know he deserved it. No, he
didn't schmuck and they to ms NBC, they fired the moron.
But then I was watching CNN you and you know
who Anderson Cooper is. Oh Jesus controversial. This controversial that
(16:33):
this guy was thirty one year old man with two
kids and he was just freaking murdered. And you gotta
throw this contraver. Controversial to you is not controversial to others,
So shut the hell up and be an anchor and
not an ass. There's so much of that going on.
It's amazing, it really is. And as you know us,
(16:56):
I don't care left or right, live and let live
live a good life. Vote who you want to vote for.
I'm gonna respect you again unless you like AMAS anyway.
(17:20):
That's uh my little take today of quite the day,
and uh we'll leave it at that. Appreciate your indulgence
me covering this stuff. And if you don't think this matters,
(17:40):
well it does. But as you know, we have a
job to do here. And the Dow is up six
seventeen today, s and P fifty five Nazdak one fifty seven,
Nasdak one hundred and three, Russell two thousand was up
forty four, transports two twenty three. Advanced declines were strong.
(18:01):
It's a good day. What's going on. Plunging rates, ladies
and gentlemen, cause and effect. Plunging rates cause an effect.
You can go get a chart of the ten year
yield and you will see over the last six seven
(18:22):
days an absolute trouncing of yields. And as we have
told you, markets usually like that. It also gives rise
to next week the Fed will lower rates. There are
people talking a half point because who I don't know,
but that's the story. Cause an effect. And on top
(18:44):
of that, oil prices dropped the stick today. Then you
had the oracle news for the semiconductors and artificial intelligence
and all that crap, and we'll get to that in
a minute. But today was a good day for banks
and financials and insurance and economically sensitive, the transports. As
(19:10):
I mentioned, the housing and housing related another good day.
Interest rates going down. Auto dealers had a good A
lot had a good day today. That, let me put
it that way to you. I don't know how much
more to say. The S and P went into new
(19:32):
high ground. You know we say about new high ground
potentially begets more new highs. That's how it pretty much works.
And when you have strong advanced declient figures, that's a
lot of stocks moving higher. Even some weaklings had good
(19:53):
moves today. You know, we've been complaining about the rails
and truckers they bounced. Still not leadershi, but they had
a good day in the down today. Goldman down up fifteen.
That's uh, that's almost one hundred dow points. Home Depot
with their crappy numbers up ten. That's sixty five down points.
(20:15):
Sherwin Williams Housing related that was up about seventy dow points.
Travelers the insurance company. I think that's almost breaking out.
That was upset. I can go on and on. Caterpillar,
which is with their twenty percent drop in earnings, was
up eight today. That's sixty dow points. I can go
on and on, but you get the point up next.
(20:39):
What else? I'm Gary, this is the one only investor's edge.
Speaker 3 (21:11):
You're listening to.
Speaker 2 (21:12):
America is talking small investor's edge. He's got the crowd
is just on his feet. Here.
Speaker 3 (21:21):
Boy with Gary called Bob come highly recommended you're gonna
feel better if you talk to him.
Speaker 2 (21:37):
And well, once again to investor's edge. Even Adobe is
up in the f the market, and that's been a
very week, very weak uh software stock. They reported earnings.
I'll have to look him over in a little bit.
I'm writing that down as we speak. Got it. Anyway,
(22:02):
back on the markets, what have we always told you
financials and semis, Well, semiconductors had another good day to day.
I'll explain that in the second. Financials had a good
day today. The Philadelphia Semiconductor Index, which is wild swinging,
(22:23):
is back at the yearly highs. The banking index, let's
see the bk X. If I get it right, that's
near highs. Yet, as I mentioned, Goldman up today. They
were all up today. And you do not get bear
markets when that crap happens. And I do know there's
(22:46):
a lot of talk. I know, I know there's a
ton of talk of recessions and depressions and this, that
and the other thing. And I'm just letting you know,
I've said it a thousand times on this show. Just
watch the market. It will tell you for going into recession,
(23:08):
because the market will start collapsing months in advance, because
that is always the characteristic of recessions in the markets.
The market's flush it out and do its thing. And
as you know, the job market, it's a little soft.
(23:31):
There's some areas that are soft. We still worry about
the ridiculous debt and deficits, which are obscene at this point.
But the market loves easy money, always has, always will
unless you're going into deep recession slash contraction, and it
(23:56):
ain't happening as of yet. And as I look at
my screens, a lot of green, even my weakest areas
a lot of green. Today. They bounced the week also,
and if the week is not going lower, things are
usually okay. If things change, we'll let you know now, Oracle, interesting,
(24:26):
it's down twenty bucks today. That was after going up.
What do it do yesterday? Let me get that number.
Let's see it closed at Come on, little guy, uh,
it closed at two forty one, and the next day
yesterday closed at three twenty eight. That's fifty nine eighty
(24:49):
seven bucks. It was up, gave back twenty today, but
is actually off the highs of yesterday, which was three
forty five. We closed just under three oh eight today,
So hopefully you didn't buy the highs yesterday? How's that?
Because of that? Broadcom Avgo was down ten and a
(25:13):
few others were down. I gotta tell you terrific. We'll
let you know. We haven't done anything yet. We think
there's a good chance that these things are going higher
over time. But when things get a little too far
away from their norm, they got to settle down, they
(25:35):
got to pull back. The other part of the equation
of oracle is they made some big predictions on numbers.
So guess what. The makers of stuff had a very
good day to day. Lam Research Equipment Maker up eight today,
seven point six percent, KLAC up twenty six percent of
(26:00):
dollars today, up two point eighty six percent, And boy
did that do a turnaround. Micron beats the hell out
of me. What's going on here? But they gap that
up again today. Do you know Micron was one twenty
six days ago, it's one fifty today. Something called sand Disc,
which by the way, just came back public in February
(26:24):
and its recent quarter earnings were down seventy seven percent,
which sucks. Broke out six days ago at around fifty eight.
It's eighty four. These are data storage memory card flash
(26:46):
drive companies and whatever Oracle said a big boom. So
that list of names, the names like Credo and Aristo Labs,
(27:06):
Arista Networks, excuse me, ASTERI Labs and others. Boy oh boy,
we are going to be watching these suckers look for
great setups. Gotta be careful about things that are extended.
Let them pull pull things back. I gotta anything's possible
(27:34):
in these markets. You do know that who knows what
the next shoe to drop out of the DC is
on tariffs or whatever. But right now, as I was
doing my scans late in the day, looks pretty darn good.
(27:57):
Tomorrow's another day. The other part of the equation that's
quite interesting is while there's some sentiment indicators that worry
the living crap out of me, overall there is not extreme,
extreme bullishness while we're breaking out into new high ground. Huh,
(28:22):
quite the quite quite the quite anything troublesome Today, well,
Netflix lost one of their big product people dropped forty
four bucks today. Netflix had a bad reaction to earnings
in July and has been dead money now since May,
(28:44):
but really hasn't done much wrong. It's just going through
its own Spotify was down also they've been moving kind
of sort of in sympathy of each other and is
on the weaker side right now. Not a big deal.
Carvana down eleven bucks today, while some other I got
(29:06):
news for your Ford that's had its problems. A breakout
above twelve dollars probably gonna get some legs. Gold miners
were strong again today, even though gold would drop. The
GLD drop the whopping fifty cents today, So gold strong, silver,
(29:31):
silver strong. Commodities had a good day. What's going on
with the dollar? It continues to act like crap, But
in case you don't know, you can look it up.
A week dollar helps our stocks. A crashing dollar could
be a trouble. Eventually, it ain't crashing, it's dropping. And
(29:58):
that's your story. I'll do a double scan tonight. Hanging
out with Winston. By the way, I had one radio
listener complained because he heard Winston barking in the background,
and I engaged them very respectfully. But to that wonderful
(30:18):
listener and keep listening. People love dogs, That's all I
can tell you. People love dogs, and especially Winston, the
greatest dog on earth. Had aggressive cancer three years ago,
gave him six months, put him on chemo, couldn't get
(30:43):
up on a bed. Two days later cause of the
chemo took him off thought six months. Three years later,
did have one surgery to pull out one of the tumors.
And now nine months ago they founded another tumor in
a bad spot. And they were talking about three months
four months. It's nine months later and he's showing no
(31:06):
signs of letting up my dog Winston. His hearing is
a little bit troublesome these days, but that's about it.
I got a really kind of raise the voice for
(31:27):
Winston to hear me. That's okay, And that's a little
bit of Winston, by the way, And to that listener,
thank you for engaging. And I appreciate the input. And
we always try to do the best we can up
next this, that and the other thing and whatever else.
(31:50):
This is the one only investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 2 (32:16):
What are you waiting for one to ready go? We
can't Rey called Bob Nod? What else did I want
(32:51):
to tell you? You know what I want you all
to be careful about. This is me Gary, the product guy.
Do you I have like Google workspace? I've got some
Apple things that I pay recurring subscriptions. I just want
(33:18):
to let you know. I'm not going to mention which ones,
but they sneakily raise prices on you with narry a
word to you, And now I got to go and
engage them. How did I go from paying ten dollars
(33:39):
to forty? I'm letting you know. I think there's a
lot of that going on out there. And oh, by
the way, your subscriptions to a lot of these streaming services,
they're all raising prices. Just letting you know. I swear
(34:00):
I signed up for Serious Satellite for twelve bucks each
car that I have, but somehow I'm now paying twenty five.
And I don't remember being told I was paying twenty five.
So I engage them and they tell me, well, I
have the premium thing. I go, when did I ask
(34:22):
for the premium thing? Just letting you know. For all
the peeps out there, there's a lot of that going on.
Just let you know. Google Workspaces, I went from ten
(34:47):
bucks to forty and when I looked on it, they
have five supposedly five people on there or five whatever.
I never signed up for that, So I have to
email them. And by the way, it takes an act
of God to get a hold of some of these
(35:08):
people to get them to change these things also. So
I'm just letting you know this is going on out there,
and we're not talking the big Bucks, but it is
the principle. And I can tell you flat out, if
I can save ten bucks that I'm not supposed to
be paying, I am going to do something about it,
and you should too. I guess that's the Dave Ramsey
(35:32):
and me. And you know what I say about credit
cards never pay interest. So I just want to let
you know that's going on. And again it's like all
of them. Oh, and don't get me started with my
storage unit that they hook you in for a low
(35:53):
price and they don't tell you, oh, by the way,
it's going up thirty percent four months later. It would
be nice if there was some full and fair disclosure.
It's kind of like when you buy concert tickets and
they give you a price and okay, good, good price,
(36:14):
and then you go to pay, oh, thirty percent fees
and they're nice enough to explain what the fees are for,
but they don't give it up front. And now you
have the airlines trying to lobby the White House into
rolling that back for the airlines, and I'm thinking to myself, Hey,
(36:38):
mister and missus airline, don't you care about your clients,
the passengers. Why not just tell them what they're paying
up front, the whole thing. Why does it have to
be this? And then all of a sudden, at the
end of the road you have to go in through
six pages of things. Oh, it's twenty percent more. I
(37:07):
don't understand people and some businesses. It's very weird. Just
letting you know that's going on out there, and a
lot of it's wrong. In other news, I think I
mentioned yesterday, but I mentioned one more time. They listened
over at Cracker Barrel. They're being made fun of. They
(37:31):
shouldn't be made fun of. They made a mistake. They
corrected their mistake, just like the president the stupid Liberation
Day tariffs, the insanity of it. They corrected a mistake
within a couple of days. Leadership and smarts has more
(37:52):
to do with fixing your mistakes than your successes. So
good on Cracker Barrel. I hope they are a great
success going forward. Tremendous competition for the buck though the
restaurant I mentioned yesterday, the restaurant stocks have been acting
(38:14):
like the south end of a northbound jackass, and I
just think the story goes there's just so many of them,
and the competition is fierce, and you gotta be careful location.
You know where I live, there's a Chick fil A
on one very road there with a lot of traffic.
(38:37):
You gotta wait, I mean it's double driving. But they
just put another one just five miles away. No wait,
So this is what they all have to deal with.
I wouldn't want to be in the restaurant industry. Tough road.
(39:00):
Wish them all well. If I had any message to
all of them, good food, good value, good service, shouldn't
be hard, right, good value very important. That would be
my message to the CEO of Starbucks, who thinks they
(39:22):
can charge whatever they want to charge. You know, Starbucks
is very lucky. Somebody else hasn't come in a very
big way. There's some other fringe ones out there, but
not in the gargantuan way. What is it that Brother's
coffee that's out there, Bros, Dutch Brothers. I know they're
(39:46):
opening up a bunch of places. Bros. They're up to
nine hundred and eighty two drive throughs. I have not
been in one Starbucks. I don't know how many they
have around the world. In New York City, they're like
every corner. We'll keep you apprized. That all said, you
(40:08):
have a great evening. Drive carefully or when you get home,
do like we do. Quite simple. Make sure you hug
your family. Make sure you hug your children. They will
feel better. You will feel better. I promise they will
be well. Have a great evening. Everybody, good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbomb on Biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's garyka dot com.
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