Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
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 (00:11):
And well once again to Investor's Edge. I'm Gary kolbamb
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen, Happy that you are listening.
It is eight eight, twenty twenty five, even though on
a check early I put seven eight. Hey, hope you
having a good day. I hope. I'm on my usual
Delta flight, but the later one tonight to up to
(00:35):
New York. We're getting the usual weather here in central Florida.
Darn it. We'll see how it goes. I think we'll
get out a couple of times. I got back in
New York City by two am. That's what happens when
you get the weather. What can I tell you anyway,
I'll be hanging with the dad for a couple of days.
This weekend gonna be ninety four October twentieth, and my
(00:59):
son Aeron's birthday tomorrow. So we're gonna have a good weekend,
and I hope you do too, ladies and gentlemen. I
just got to start out, as you know, we call
balls and strikes here and we never used to have
to talk about them, but they interfere so much with
(01:21):
our lives that well, thirty seven trillion a debt. But
I got a kudos to the president. He pretty much
has brokened a peace packed with the Is Iserbaijan. Amazing
(01:45):
well done, sir, And I have no clue how much
he's involved. All I can tell you he's representing it.
And the two leaders of the country are together. They
don't look that happy, but peace. It's a peace deal
(02:11):
with Armenia and iSER Baijan. I think I pronounced that
one right. That is freaking awesome. Kudos, big applause to
the president. Nothing more important than peace. And I got
(02:32):
to tell you if he's able to broker Russia and Ukraine.
Double applause. We segue In case you don't know, this
is serious talk on you and your money and everything
that affects it. We will do the market, the economy,
your job, your industry. We did Doge. We don't talk
(02:53):
about that now because that looks over and done. After
the big beautiful bill that is going to explode debt
defici since in spending going forward, we'll talk tariffs, we'll
talk concentration in the markets. Wait till you hear some
of the things today and whatever else comes to mind.
(03:15):
There's time allotted on this show. And if you do
not get this radio show in your city, we'll post
at gary k dot com. Melos posted on our x feed.
It'll also be on the biz tv YouTube channel. And
of course if you'd like to email us, just be nice.
We love when we get emails from people that completely
disagree with us but are respectful about it. We love
(03:41):
that respect is everything. We don't suffer the douficices though,
ladies and gentlemen. Okay, I want to start specifically with
something that happened this week that is just amazing, stunning, gargantuan.
(04:09):
We have been telling you to avoid Apple as a
stock since December. Avoid avoid, avoid, avoid, avoid, avoid avoid,
and they crumbled it into the Trump tariff crash, but
it's real. It rallied up initially, but it has done nothing.
(04:30):
Going into this week, it was an absolute horror show
and rolling over badly. And then earlier this week the
CEO Tim Cook has a meeting with the President and
he announces We're going to add one hundred billion dollars
(04:53):
to our five hundred billion dollar commitment. Now, let me
explain a couple of things to you. It's bull craft.
First off, that five hundred billion was already baked in
the cake they're making. They want to make Trump look
good and good on them, and one hundred billion whatever.
And I think they're going to be making some things here,
but they're never gonna make the whole iPhones here, that's impossible.
(05:15):
They'll be charging four thousand for one. But I digress.
They are now completely exempt from tariffs because of all this, which,
as we told you, we don't like. We don't like
(05:35):
a president being able to threaten somebody with higher taxes,
and that's what it is. If they don't do what
they what the president wants, that's dictatorial. We said that yesterday.
We don't like it. But let me just tell you
the outcome. Apple was up thirteen point three three percent
(05:58):
this week. You know what that represents? Get this four
hundred billion in market cap? Do you know what that represents?
A bigger market cap in one week movement for Apple
than four hundred and seventy eight stocks of the five
hundred s and p five hundred stocks. That is unreal.
(06:25):
They did not sell another iPhone, any eyebuds, any eye
watches anymore than they would have. This move was based
on some sort of negotiation, contact what have you with
(06:51):
the president and get exempted. Just remember Apple paid eight
hundred million dollars in the first quarter in tax and
one point one billion in the quarter. Now there are
many saying they got on bended knee to the president.
That's a good that's apropos. Don't you think think about that.
(07:14):
This is how big some of these companies are. Now.
A one week move, by the way, I take that back,
a three day move, because it did nothing on Monday
and Tuesday. A three day move was bigger than four
(07:34):
hundred and seventy eight stocks of the S and P
five hundred I think for seventy eight, make sure I
get this right, for seventy eight. For seventy seven was
(07:55):
home Depot and three home depots. Home market cap is
three hundred and eighty five billion. Apple moved in three days,
more than home Depot's market cap. Holy crap. Anyway, that
helped the nazdak one hundred this week, of course, because
(08:18):
it is one of the big seven. And as we
have told you, and these are stunning numbers seven stocks
are sixty almost sixty five percent of the NASDAK one hundred.
But even more stunning, those saying seven are thirty four
percent plus of the SNP. Think about that four hundred
(08:43):
and ninety. By the way, go on Google and just
put in S and P five hundred market cap list
and you'll see, like the bottom hundred are all like
six hundreds of a percent. They should just get rid
of one hundred stocks at this point. Anyway, you know
(09:06):
what we're gonna be doing. We're gonna watch the bottom
hundred because if this continues, let me tell you what
happened in ninety nine. You almost had something like this,
and guess what held up best and did best the
next year while the market collapsed. The bottom hundred, I
remember a lot of them were like the homebuilders. We
(09:28):
told you we visited the CEO of a big home
builder because somebody I worked with had had them as
a client, and they basically the CEO said to me,
is my stock are ever gonna move? It's trading at
one time's earnings. Guess what it rolled during the year
(09:49):
two thousand to the upside while everything else crumbled. So
we'll see just letting you know. And by the way,
one of the note on Apple, they have now brought
back seven hundred and four billion in stock over the
past ten years, which is greater than the market cap
of four hundred and eighty eight companies in the s
and P five hundred. Yes, they generate a lot of cash.
(10:15):
That's the story, ladies and gentlemen. Unbelievable concentration. It's not
to take away from others, but I can tell you
my Nasdak screen to my left that does not make
up the big ones is beat red. Today Nazdak was
up two o seven, up next lots more. This is
(10:36):
the one only Investor's Edge. Hi, I'm Gary Kolbaum hosted
(11:03):
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 you in
(11:26):
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
(11:46):
two five five five nine. That's 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 get
the brain cells where.
Speaker 1 (12:09):
You're listening to.
Speaker 2 (12:11):
Okay, it could be fun. Investor's Edge the last bastion
of quality programming.
Speaker 1 (12:18):
With Gary called Bomb.
Speaker 3 (12:19):
It doesn't get better than this, and welcome once again
to Investor's Edge.
Speaker 2 (12:32):
Now. As we have explained to you in the past,
if the rest of the market worsens while the select
few do what go look up the words nifty fifty. Also,
if we get narrow and arrow, there is always an eventuality.
(12:53):
They are going to come after everything eventually. But at
I do not believe when we're close to that as
of yet. And as I said to you, there's been
some weakening. Transports week very weak. The banks starting to weaken,
something to watch very closely. Haven't gagged yet. I tell
(13:14):
you about my left screen. It is a screen of
all these companies that are not megacap that are small
to large, that have been blasted, that used to be strong,
something like a snowflake that has just crumbled, CrowdStrike that
(13:39):
just recently crumbled, Twilio that has crashed. That whole screen
has beat red today, and a lot of them are
Nasdaq And the Nasdaq was up two oh seven today
and the Nasdaq one hundred was up to twenty one.
Do you know why? Apple up nine? Netflix up another
(13:59):
thirty three, still way off the highs, but as we said,
it's starting to recover. Google was up almost five and
guess what that's been better. Meta was up seven. That's
range bound after gapping up. And Vidia ain't doing anything wrong.
Broadcom'm not doing anything wrong. Guess what? What's the seventh?
(14:20):
Tesla that was up seven today, but they got some
things to deal with. Amazon is the seventh. By the way,
Amazon gap down on earnings and it's holding so gonna
be quite interesting and going forward, we will keep in
(14:43):
touch with you. You better be listening because if the
negative happens you're gonna need to know it because you
won't hear it from the rest. Just let you know.
What else do I need to tell you about. Recently,
we have been warned you about initial public offerings that
(15:03):
are coming out at stupid prices. In other words, they
do a thirty dollars deal and they open it up
at one hundred and a few days later it's fifty,
and if you've bought in all the excitement, you're getting
kicked in the teeth like Symble fig. I think it
was a thirty five dollars deal opened at ninety, went
(15:26):
to one forty two, closed that day at one twenty two.
It's seventy eight five days later. So if you bought
it all the excitement at one forty two and didn't
trade it seventy eight, I'm going to estimate that's in
the forties of a loss in five days. Well there's
another one, and we are not telling you to buy
(15:47):
sell short cover. We're just letting you know at the moment,
they do not know what the hell they're doing as
far as the IPOs and pricing them, and they're getting
a little too crazy. Off the get go symbol Fly
came out yesterday, I believe around forty five. Bucks hit
(16:08):
a high of seventy four first off at seventy four
market cap of about ten billion. The company loses a
lot of money and doesn't have a hundred about one
hundred million in sales. That's one hundred time sales. Stupid. Well,
(16:34):
it hit seventy four yesterday. This is yesterday, closed it
fifty today, down ten last I looked twenty four bucks
on seventy four is in the thirties. You lost if
you bought it the high yesterday and held on. And
by the way, this is a space and defense technology
(16:56):
company providing mission solutions to national security, government, commercial customers. Terrific,
but it closed now at a seven and a half
billion dollar market cap approximately with one hundred million in sales,
and they lose a ton of money, and they're going
to be dependent on the government, which could be flaky.
(17:21):
So we're just letting you know there are moments in time.
Remember when the spacks came out. By the way, they're
doing spacks again. Oh that's right, Donald and Eric Trump
are now going to do a spac Yay. Remember what
we warned you about the spacks. The special Purpose Acquisition
(17:42):
companies otherwise known as blind pools. Let me explain to you.
When I started the business, I was at a penny
stock firm. We did blind pools. We did them at
five cents of share or ten cents of share because
we were a penny stock firm. We actually merged them
(18:06):
with companies that had sales. When the SPACs started to proliferate,
these scumbags started merging with a bunch of companies that
had no sales. And we're pretty much some scams. One
guy went to jail. They all told us electric vehicle
(18:28):
companies and battery companies, why that way they can sell
it to a public that wasn't looking. In other words,
they were screwing you. Well, guess what all those SPACs did.
They all crashed and we don't want to go through
(18:51):
that again. So we're just letting you know they're starting
to come out with SPACs again, and we're letting you
know we're going to watch them, and we're letting you
know they if the creeps start doing bad things, we're
gonna call them on the carpet and I will tell
you this time, we will ask them to come onto
the show and defend themselves, which will get me a
(19:11):
lot of hate, but I don't care because I remember
the crappy companies that went from whatever down to one.
I saw one guy put in jail. Another one was indicted,
but I don't know what happened to him. So we
are watching your you know what's for us and for
(19:36):
you as we move forward. And of course they're all
going to announce the same industries. You know which industries
they are the hot ones, because that's what con artists do.
What's hot, Oh that's hot, So let's con the people.
(19:58):
Let's come up with a bunch of bull craft. That's
what they do. So at the time, the hottest things
were electric vehicles and batteries, so that's what they did,
and they got themselves wealthy and you got screwed, and
(20:21):
we don't want that happening. So just letting you know
they're doing it again, SPACs. If I were running the SEC,
I'd be all over their arses making sure they ain't
happening up next. What else going on? Thanks for being here,
(20:43):
I'm Gary. This is the one only investor's edge.
Speaker 1 (21:11):
You're listening to.
Speaker 2 (21:12):
America is talking small investor's edge.
Speaker 3 (21:16):
He's gotta be bet with the crowd is just on
his feet. Here a boy with Gary called Bob comes
highly recommended.
Speaker 2 (21:24):
You're gonna feel better if you talk to him and
walk once again to Investor's Edge. Boy, you know what
I just noticed. Cisco Systems broke to a new yearly
(21:47):
high today on sixty six percent better volume than average Cisco. Wow,
it's in the Dow also, but doesn't matter too much
much because it's lower priced than most other things. Seventy
two bucks. Yes, that's Cisco, by the way, that hit
(22:10):
a high in the year two thousand at eighty two bucks.
It is twenty five years later and it's seventy two.
Do not forget how things change. Do not forget. I
remember all the big stocks back then that you had
(22:31):
to own. I remember Nortel gone, Lucent gone, America Online
merged with what time, Water gone. Buyouts like Ascend and
new Bridge Networks, and all kinds of other ones gone,
some of them bought out. We will be paying lots
(22:54):
of lots of lots of lots of lots of attention
as we move forward, because I have to tell you
this AI thing. I told you. I've been studying more
and more. I believe that they're overspending. I believe it's
gonna be big, but the numbers that they're coming up
with are insane. But I I started using it in
(23:19):
the last few days. Boy, it does make a difference.
I've been doing searches. Boy it comes up a lot
more specific to the point type of thing. And I
do it through whatever. I don't even know the name,
what Google has alphabet why they change the name so
(23:42):
to be watched and of import there's a narrow group
of names that are getting the money flows because ai
Ai ai AI, whether it continues or not, beats the
heck out of me. But just let you know it
be going on. But it's narrow, And I've been asked
(24:04):
a lot of questions about a lot of stocks that
have blown up obviously owned. But we have simple thought
process here, ladies and gentlemen. If we own a stock
and a gaps to the downside because of a worse
than out look, we get the hell out we asked
questions later. We have been lucky that we have not
had any stocks gap to the downside that we have
(24:27):
owned very I mean almost forever, and we don't buy
anything new. When you get a week to two weeks
before earnings because we're not smart enough. But we've been
asked about names and duo lingo. We got asked about
today because yesterday the stock gapped up. Get this, Imagine
(24:52):
a stock closing at four hundred and let me get
the right number at three hundred and forty Rea dollars,
opens up at four hundred and sixty eight dollars one
hundred and twenty five bucks, but only finishes at three ninety,
drops seventy eight bucks from the highs, and drops another
(25:13):
twenty Today, Gary, what would you have done? I would
have sold yesterday. There's no way I'm writing a stock
down when it hits for sixty something and closes three ninety.
That ain't me. I know think long term. No, No,
(25:34):
I watch markets, I watch stocks. I get asked about
all these other names that are also been blown up,
like you've heard this, Twilli, Oh right, maybe you haven't,
but a lot of these computer companies software stocks have
beenetting trashed. Stock was down nineteen percent today. What would
(25:57):
I have done? Well? First off, I wouldn't have owned
it in the first place. It was leading. But what
do idean I'm doing a blow up like that? I'm out,
I worry about it later and that could be wrong.
That could be wrong. I've seen plenty of times where
stock GAP's down twenty bucks and finishes only down ten
(26:19):
and then rallies higher. This happens. There's nothing really baked
in the cake as far as what happens during earning season.
We just have simple rules that we follow very carefully.
And all the rules are about one thing, mitigating. Notice
(26:41):
the big word big losses. We never want big losses.
And man oh man, in spite of new yearly highs,
there's one hundred and four new yearly lows on the
NASTAC today with it up two o seven, the Dow
(27:01):
was up two oh six, there was still seventy two
new lows on the NYSE. What does that tell you, go, daddy,
you've heard of them right? They keep raising my uh
what I pay them? Stock was two sixteen in January
to yearly high. It's one thirty three today, down eleven percent.
(27:22):
By the way, on the earnings report. We'll just let
you know. There's a lot of that going on. And
as I said, my left screen that has a lot
of these names beat red today with a good index day,
which tells you again very narrow the Russell two thousand
(27:44):
was hardly up today and the midcaps were down today.
And then you have things that gap up and then
give you a certain finger. Yesterday Dutch Brothers, the coffee company,
which I hear they're pretty good, gapped up big. At
what point was seventy three bucks. It's sixty six today
(28:07):
if you bought seventy three down ten percent already in
a day. That's why we're very careful around earning season,
especially now, because you are getting whipped around like there
is no tomorrow. And then there are others, something like
an oracle that gaps up and moves and has another
(28:28):
big day, a second day. That usually tells your institutions
are piling in. Guess what oracle did afterwards? Boom, it
kept going. You know what's doing that now? Maybe Reddit
had two strong days off of earnings. But then you
have others that do the opposite, or a meta which
(28:50):
gapped up and is now sitting for about six days,
which is excellent. We like that. We like secondary places
to buy, and how do you find them? You gap up,
you get too extended, you make a right turn, you
draw a line over the high, and then you break
above the high. There you go, another move. That's what
(29:12):
we look for. So most of the questions we get
on stocks are usually stocks that have been blasted. Interesting, Huh,
why protection a capital? Mooie importante? Now? I got ten
(29:35):
emails on Apple today. What do you think? Oh? I
wish I bought it two days ago? The high was
two sixty in December, closed the two twenty nine today,
and that's after being up twenty seven dollars this week. Insane. Huh.
(29:58):
Growth is slow and slower, And I wonder the next
big thing is a flip phone. You're gonna buy a
flip phone for two thousand bucks. I'm not I thought
we left the flip phone a long time ago. I
(30:22):
could be wrong. We'll see anyway. As I said on Apple,
I'm stunned. A visit to the White House exemptions gets
you four hundred billion dollars on extra market cap. That
(30:45):
rule we don't make. And I don't think there's a
pamphlet on that one. And I want to repeat again,
and I want you to remember this. We are the
most concentrated ever. They are to be watch closely, and
even more, we're underneath the surface. Watch closely because if
(31:05):
we get to the point where I say to you,
seventy percent of the stocks are now in down trends,
but the indices are only two percent off their highs
because of these fifteen names we're getting close to Heck,
that's how it works. The market likes deceiving, and most
(31:31):
people that don't go through the innards get deceived. We
won't up next, take it to the weekend. I'm Gary,
this is the one on the investor's edge.
Speaker 1 (32:14):
You're listening to. What are you waiting for one to
ready go?
Speaker 2 (32:25):
We can't? Recalled Bob and uh Welcome once again to
(32:56):
investor's edge. May I add a couple of other lessons.
I noticed today that under Armor was down a buck
twenty or eighteen percent of five dollars and forty four
cents on a worsening outlook. And then I went to
(33:22):
the monthly chart on under Armor and noticed in two
thousand and fifteen, under Armor hit an all time high
at fifty four dollars and seventy cents, which means it's
down ninety percent since twenty and fifteen. That's under Armor Nike,
(33:47):
which has been much stronger than under Armour by far.
It has had a big run through many years, but
hit a high of one seventy nine in twenty two,
just recently bottomed at around fifty three and closed it's
seventy four. It's trading. We're it traded back in two
(34:11):
thousand and seventeen, eight years of no gains, and its
sales the last four quarters were down ten percent over
the last year before that, and earnings have just crumbled
to a down eighty six percent year over year. Now
(34:34):
the stock has been a little bit better because they
I guess they cut some deal with Amazon or something.
But this is what we mean by lessons and following stocks.
And I know you're always hearing from the pun that's
think long term, but that should be if you owe
(34:56):
maybe the S and P or things like that. I'm
letting you know, on an individual basis, we are investing
in companies. The stocks represent those companies, and the market
basically will place a price on those companies, and sometimes
(35:17):
it gets out a hand to the upside. Sometimes it's insane,
the no sales crap. And then sometimes and oftentimes the
market has its way of telegraphing trouble. And both these
stocks started going wrong before the bad news started coming out,
(35:44):
and once bad news happens in corporate America. Sometimes it
feeds on itself and then you're destroyed. I just want
to bring that up because I didn't realize under Armor.
I haven't looked at this, it's been all my screen forever.
I didn't realize that Sucker was down to five bucks.
(36:05):
I'm pretty sure I've seen it, but didn't pay attention
to it because obviously it's going the wrong way. So
just keep these things in mind. And I'm bringing this
up now because and talking about it more because in
the last three weeks, we picked up accounts with two
(36:27):
hundred stocks in them, and as I was going through
those two hundred stocks, I was just amazed how many
were in protracted down trends. Not down ten percent, not
down twenty, but in major bear markets where the companies
are doing poorly. And what these people were told, well, well,
(36:51):
we want to own a piece of that industry, what
we want to dive diversify into all industries. Well why
would you do that? You know what the worst acting
group in the market's been for a very long time
(37:13):
that doesn't get talked about anymore. Marijuana. Well, the good
news is I don't think anybody's diversifying into marijuana. But
I'm making a point, why would you own big down trends,
bad companies. I don't want to mention what companies they were,
(37:35):
but there were some things in there where the companies
have announced big trouble, slowing sales, shutting of stores. You
ever want to know what not to own any retailer
that's shutting stores anyhow, just part of the lessons that
(38:07):
we've learned that we want to teach to you, because
imagine if that two hundred stock list we're all in
up trends or in the leading groups and not in
(38:28):
what have you. One of them, by the way, had Chipotle,
which topped out at seventy bucks and twenty four it's
forty one and they still own it, and they asked, well,
(38:51):
it's Chipotle, and they've had a good rip, but they're
no longer growing like they used to. Tremendous competition, no changes.
So just keep all this in mind. That is why
we break the markets apart for you here. That is
why we talk about sectors not own this. One of
(39:14):
our great calls of the last year was telling you
to avoid the HMOs and the managed care down fifty
sixty percent United Health six six two fifty. That's what
we want to do. And when we say to you
we're never going to own something like that, it's for
(39:37):
a damn good reason. We want I ninety five North,
not I ninety five South. And when we tell you
we avoid the no sales, we miss the upside, we
(39:58):
miss the crashes, just the rules we follow. That all said,
have a great weekend, head into the airport, drive carefully.
When you get home, do like we do. Make sure
you hug your family. Make sure you hug your children.
They will feel better. You will feel better, I promise,
stay well, be well, Thanks for joining, good night, all
(40:21):
bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Caultbom 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 (00:11):
And well once again to Investor's Edge. I'm Gary kolbamb
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen, Happy that you are listening.
It is eight eight, twenty twenty five, even though on
a check early I put seven eight. Hey, hope you
having a good day. I hope. I'm on my usual
Delta flight, but the later one tonight to up to
(00:35):
New York. We're getting the usual weather here in central Florida.
Darn it. We'll see how it goes. I think we'll
get out a couple of times. I got back in
New York City by two am. That's what happens when
you get the weather. What can I tell you anyway,
I'll be hanging with the dad for a couple of days.
This weekend gonna be ninety four October twentieth, and my
(00:59):
son Aeron's birthday tomorrow. So we're gonna have a good weekend,
and I hope you do too, ladies and gentlemen. I
just got to start out, as you know, we call
balls and strikes here and we never used to have
to talk about them, but they interfere so much with
(01:21):
our lives that well, thirty seven trillion a debt. But
I got a kudos to the president. He pretty much
has brokened a peace packed with the Is Iserbaijan. Amazing
(01:45):
well done, sir, And I have no clue how much
he's involved. All I can tell you he's representing it.
And the two leaders of the country are together. They
don't look that happy, but peace. It's a peace deal
(02:11):
with Armenia and iSER Baijan. I think I pronounced that
one right. That is freaking awesome. Kudos, big applause to
the president. Nothing more important than peace. And I got
(02:32):
to tell you if he's able to broker Russia and Ukraine.
Double applause. We segue In case you don't know, this
is serious talk on you and your money and everything
that affects it. We will do the market, the economy,
your job, your industry. We did Doge. We don't talk
(02:53):
about that now because that looks over and done. After
the big beautiful bill that is going to explode debt
defici since in spending going forward, we'll talk tariffs, we'll
talk concentration in the markets. Wait till you hear some
of the things today and whatever else comes to mind.
(03:15):
There's time allotted on this show. And if you do
not get this radio show in your city, we'll post
at gary k dot com. Melos posted on our x feed.
It'll also be on the biz tv YouTube channel. And
of course if you'd like to email us, just be nice.
We love when we get emails from people that completely
disagree with us but are respectful about it. We love
(03:41):
that respect is everything. We don't suffer the douficices though,
ladies and gentlemen. Okay, I want to start specifically with
something that happened this week that is just amazing, stunning, gargantuan.
(04:09):
We have been telling you to avoid Apple as a
stock since December. Avoid avoid, avoid, avoid, avoid, avoid avoid,
and they crumbled it into the Trump tariff crash, but
it's real. It rallied up initially, but it has done nothing.
(04:30):
Going into this week, it was an absolute horror show
and rolling over badly. And then earlier this week the
CEO Tim Cook has a meeting with the President and
he announces We're going to add one hundred billion dollars
(04:53):
to our five hundred billion dollar commitment. Now, let me
explain a couple of things to you. It's bull craft.
First off, that five hundred billion was already baked in
the cake they're making. They want to make Trump look
good and good on them, and one hundred billion whatever.
And I think they're going to be making some things here,
but they're never gonna make the whole iPhones here, that's impossible.
(05:15):
They'll be charging four thousand for one. But I digress.
They are now completely exempt from tariffs because of all this, which,
as we told you, we don't like. We don't like
(05:35):
a president being able to threaten somebody with higher taxes,
and that's what it is. If they don't do what
they what the president wants, that's dictatorial. We said that yesterday.
We don't like it. But let me just tell you
the outcome. Apple was up thirteen point three three percent
(05:58):
this week. You know what that represents? Get this four
hundred billion in market cap? Do you know what that represents?
A bigger market cap in one week movement for Apple
than four hundred and seventy eight stocks of the five
hundred s and p five hundred stocks. That is unreal.
(06:25):
They did not sell another iPhone, any eyebuds, any eye
watches anymore than they would have. This move was based
on some sort of negotiation, contact what have you with
(06:51):
the president and get exempted. Just remember Apple paid eight
hundred million dollars in the first quarter in tax and
one point one billion in the quarter. Now there are
many saying they got on bended knee to the president.
That's a good that's apropos. Don't you think think about that.
(07:14):
This is how big some of these companies are. Now.
A one week move, by the way, I take that back,
a three day move, because it did nothing on Monday
and Tuesday. A three day move was bigger than four
(07:34):
hundred and seventy eight stocks of the S and P
five hundred I think for seventy eight, make sure I
get this right, for seventy eight. For seventy seven was
(07:55):
home Depot and three home depots. Home market cap is
three hundred and eighty five billion. Apple moved in three days,
more than home Depot's market cap. Holy crap. Anyway, that
helped the nazdak one hundred this week, of course, because
(08:18):
it is one of the big seven. And as we
have told you, and these are stunning numbers seven stocks
are sixty almost sixty five percent of the NASDAK one hundred.
But even more stunning, those saying seven are thirty four
percent plus of the SNP. Think about that four hundred
(08:43):
and ninety. By the way, go on Google and just
put in S and P five hundred market cap list
and you'll see, like the bottom hundred are all like
six hundreds of a percent. They should just get rid
of one hundred stocks at this point. Anyway, you know
(09:06):
what we're gonna be doing. We're gonna watch the bottom
hundred because if this continues, let me tell you what
happened in ninety nine. You almost had something like this,
and guess what held up best and did best the
next year while the market collapsed. The bottom hundred, I
remember a lot of them were like the homebuilders. We
(09:28):
told you we visited the CEO of a big home
builder because somebody I worked with had had them as
a client, and they basically the CEO said to me,
is my stock are ever gonna move? It's trading at
one time's earnings. Guess what it rolled during the year
(09:49):
two thousand to the upside while everything else crumbled. So
we'll see just letting you know. And by the way,
one of the note on Apple, they have now brought
back seven hundred and four billion in stock over the
past ten years, which is greater than the market cap
of four hundred and eighty eight companies in the s
and P five hundred. Yes, they generate a lot of cash.
(10:15):
That's the story, ladies and gentlemen. Unbelievable concentration. It's not
to take away from others, but I can tell you
my Nasdak screen to my left that does not make
up the big ones is beat red. Today Nazdak was
up two o seven, up next lots more. This is
(10:36):
the one only Investor's Edge. Hi, I'm Gary Kolbaum hosted
(11:03):
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 you in
(11:26):
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
(11:46):
two five five five nine. That's 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 get
the brain cells where.
Speaker 1 (12:09):
You're listening to.
Speaker 2 (12:11):
Okay, it could be fun. Investor's Edge the last bastion
of quality programming.
Speaker 1 (12:18):
With Gary called Bomb.
Speaker 3 (12:19):
It doesn't get better than this, and welcome once again
to Investor's Edge.
Speaker 2 (12:32):
Now. As we have explained to you in the past,
if the rest of the market worsens while the select
few do what go look up the words nifty fifty. Also,
if we get narrow and arrow, there is always an eventuality.
(12:53):
They are going to come after everything eventually. But at
I do not believe when we're close to that as
of yet. And as I said to you, there's been
some weakening. Transports week very weak. The banks starting to weaken,
something to watch very closely. Haven't gagged yet. I tell
(13:14):
you about my left screen. It is a screen of
all these companies that are not megacap that are small
to large, that have been blasted, that used to be strong,
something like a snowflake that has just crumbled, CrowdStrike that
(13:39):
just recently crumbled, Twilio that has crashed. That whole screen
has beat red today, and a lot of them are
Nasdaq And the Nasdaq was up two oh seven today
and the Nasdaq one hundred was up to twenty one.
Do you know why? Apple up nine? Netflix up another
(13:59):
thirty three, still way off the highs, but as we said,
it's starting to recover. Google was up almost five and
guess what that's been better. Meta was up seven. That's
range bound after gapping up. And Vidia ain't doing anything wrong.
Broadcom'm not doing anything wrong. Guess what? What's the seventh?
(14:20):
Tesla that was up seven today, but they got some
things to deal with. Amazon is the seventh. By the way,
Amazon gap down on earnings and it's holding so gonna
be quite interesting and going forward, we will keep in
(14:43):
touch with you. You better be listening because if the
negative happens you're gonna need to know it because you
won't hear it from the rest. Just let you know.
What else do I need to tell you about. Recently,
we have been warned you about initial public offerings that
(15:03):
are coming out at stupid prices. In other words, they
do a thirty dollars deal and they open it up
at one hundred and a few days later it's fifty,
and if you've bought in all the excitement, you're getting
kicked in the teeth like Symble fig. I think it
was a thirty five dollars deal opened at ninety, went
(15:26):
to one forty two, closed that day at one twenty two.
It's seventy eight five days later. So if you bought
it all the excitement at one forty two and didn't
trade it seventy eight, I'm going to estimate that's in
the forties of a loss in five days. Well there's
another one, and we are not telling you to buy
(15:47):
sell short cover. We're just letting you know at the moment,
they do not know what the hell they're doing as
far as the IPOs and pricing them, and they're getting
a little too crazy. Off the get go symbol Fly
came out yesterday, I believe around forty five. Bucks hit
(16:08):
a high of seventy four first off at seventy four
market cap of about ten billion. The company loses a
lot of money and doesn't have a hundred about one
hundred million in sales. That's one hundred time sales. Stupid. Well,
(16:34):
it hit seventy four yesterday. This is yesterday, closed it
fifty today, down ten last I looked twenty four bucks
on seventy four is in the thirties. You lost if
you bought it the high yesterday and held on. And
by the way, this is a space and defense technology
(16:56):
company providing mission solutions to national security, government, commercial customers. Terrific,
but it closed now at a seven and a half
billion dollar market cap approximately with one hundred million in sales,
and they lose a ton of money, and they're going
to be dependent on the government, which could be flaky.
(17:21):
So we're just letting you know there are moments in time.
Remember when the spacks came out. By the way, they're
doing spacks again. Oh that's right, Donald and Eric Trump
are now going to do a spac Yay. Remember what
we warned you about the spacks. The special Purpose Acquisition
(17:42):
companies otherwise known as blind pools. Let me explain to you.
When I started the business, I was at a penny
stock firm. We did blind pools. We did them at
five cents of share or ten cents of share because
we were a penny stock firm. We actually merged them
(18:06):
with companies that had sales. When the SPACs started to proliferate,
these scumbags started merging with a bunch of companies that
had no sales. And we're pretty much some scams. One
guy went to jail. They all told us electric vehicle
(18:28):
companies and battery companies, why that way they can sell
it to a public that wasn't looking. In other words,
they were screwing you. Well, guess what all those SPACs did.
They all crashed and we don't want to go through
(18:51):
that again. So we're just letting you know they're starting
to come out with SPACs again, and we're letting you
know we're going to watch them, and we're letting you
know they if the creeps start doing bad things, we're
gonna call them on the carpet and I will tell
you this time, we will ask them to come onto
the show and defend themselves, which will get me a
(19:11):
lot of hate, but I don't care because I remember
the crappy companies that went from whatever down to one.
I saw one guy put in jail. Another one was indicted,
but I don't know what happened to him. So we
are watching your you know what's for us and for
(19:36):
you as we move forward. And of course they're all
going to announce the same industries. You know which industries
they are the hot ones, because that's what con artists do.
What's hot, Oh that's hot, So let's con the people.
(19:58):
Let's come up with a bunch of bull craft. That's
what they do. So at the time, the hottest things
were electric vehicles and batteries, so that's what they did,
and they got themselves wealthy and you got screwed, and
(20:21):
we don't want that happening. So just letting you know
they're doing it again, SPACs. If I were running the SEC,
I'd be all over their arses making sure they ain't
happening up next. What else going on? Thanks for being here,
(20:43):
I'm Gary. This is the one only investor's edge.
Speaker 1 (21:11):
You're listening to.
Speaker 2 (21:12):
America is talking small investor's edge.
Speaker 3 (21:16):
He's gotta be bet with the crowd is just on
his feet. Here a boy with Gary called Bob comes
highly recommended.
Speaker 2 (21:24):
You're gonna feel better if you talk to him and
walk once again to Investor's Edge. Boy, you know what
I just noticed. Cisco Systems broke to a new yearly
(21:47):
high today on sixty six percent better volume than average Cisco. Wow,
it's in the Dow also, but doesn't matter too much
much because it's lower priced than most other things. Seventy
two bucks. Yes, that's Cisco, by the way, that hit
(22:10):
a high in the year two thousand at eighty two bucks.
It is twenty five years later and it's seventy two.
Do not forget how things change. Do not forget. I
remember all the big stocks back then that you had
(22:31):
to own. I remember Nortel gone, Lucent gone, America Online
merged with what time, Water gone. Buyouts like Ascend and
new Bridge Networks, and all kinds of other ones gone,
some of them bought out. We will be paying lots
(22:54):
of lots of lots of lots of lots of attention
as we move forward, because I have to tell you
this AI thing. I told you. I've been studying more
and more. I believe that they're overspending. I believe it's
gonna be big, but the numbers that they're coming up
with are insane. But I I started using it in
(23:19):
the last few days. Boy, it does make a difference.
I've been doing searches. Boy it comes up a lot
more specific to the point type of thing. And I
do it through whatever. I don't even know the name,
what Google has alphabet why they change the name so
(23:42):
to be watched and of import there's a narrow group
of names that are getting the money flows because ai
Ai ai AI, whether it continues or not, beats the
heck out of me. But just let you know it
be going on. But it's narrow, And I've been asked
(24:04):
a lot of questions about a lot of stocks that
have blown up obviously owned. But we have simple thought
process here, ladies and gentlemen. If we own a stock
and a gaps to the downside because of a worse
than out look, we get the hell out we asked
questions later. We have been lucky that we have not
had any stocks gap to the downside that we have
(24:27):
owned very I mean almost forever, and we don't buy
anything new. When you get a week to two weeks
before earnings because we're not smart enough. But we've been
asked about names and duo lingo. We got asked about
today because yesterday the stock gapped up. Get this, Imagine
(24:52):
a stock closing at four hundred and let me get
the right number at three hundred and forty Rea dollars,
opens up at four hundred and sixty eight dollars one
hundred and twenty five bucks, but only finishes at three ninety,
drops seventy eight bucks from the highs, and drops another
(25:13):
twenty Today, Gary, what would you have done? I would
have sold yesterday. There's no way I'm writing a stock
down when it hits for sixty something and closes three ninety.
That ain't me. I know think long term. No, No,
(25:34):
I watch markets, I watch stocks. I get asked about
all these other names that are also been blown up,
like you've heard this, Twilli, Oh right, maybe you haven't,
but a lot of these computer companies software stocks have
beenetting trashed. Stock was down nineteen percent today. What would
(25:57):
I have done? Well? First off, I wouldn't have owned
it in the first place. It was leading. But what
do idean I'm doing a blow up like that? I'm out,
I worry about it later and that could be wrong.
That could be wrong. I've seen plenty of times where
stock GAP's down twenty bucks and finishes only down ten
(26:19):
and then rallies higher. This happens. There's nothing really baked
in the cake as far as what happens during earning season.
We just have simple rules that we follow very carefully.
And all the rules are about one thing, mitigating. Notice
(26:41):
the big word big losses. We never want big losses.
And man oh man, in spite of new yearly highs,
there's one hundred and four new yearly lows on the
NASTAC today with it up two o seven, the Dow
(27:01):
was up two oh six, there was still seventy two
new lows on the NYSE. What does that tell you, go, daddy,
you've heard of them right? They keep raising my uh
what I pay them? Stock was two sixteen in January
to yearly high. It's one thirty three today, down eleven percent.
(27:22):
By the way, on the earnings report. We'll just let
you know. There's a lot of that going on. And
as I said, my left screen that has a lot
of these names beat red today with a good index day,
which tells you again very narrow the Russell two thousand
(27:44):
was hardly up today and the midcaps were down today.
And then you have things that gap up and then
give you a certain finger. Yesterday Dutch Brothers, the coffee company,
which I hear they're pretty good, gapped up big. At
what point was seventy three bucks. It's sixty six today
(28:07):
if you bought seventy three down ten percent already in
a day. That's why we're very careful around earning season,
especially now, because you are getting whipped around like there
is no tomorrow. And then there are others, something like
an oracle that gaps up and moves and has another
(28:28):
big day, a second day. That usually tells your institutions
are piling in. Guess what oracle did afterwards? Boom, it
kept going. You know what's doing that now? Maybe Reddit
had two strong days off of earnings. But then you
have others that do the opposite, or a meta which
(28:50):
gapped up and is now sitting for about six days,
which is excellent. We like that. We like secondary places
to buy, and how do you find them? You gap up,
you get too extended, you make a right turn, you
draw a line over the high, and then you break
above the high. There you go, another move. That's what
(29:12):
we look for. So most of the questions we get
on stocks are usually stocks that have been blasted. Interesting, Huh,
why protection a capital? Mooie importante? Now? I got ten
(29:35):
emails on Apple today. What do you think? Oh? I
wish I bought it two days ago? The high was
two sixty in December, closed the two twenty nine today,
and that's after being up twenty seven dollars this week. Insane. Huh.
(29:58):
Growth is slow and slower, And I wonder the next
big thing is a flip phone. You're gonna buy a
flip phone for two thousand bucks. I'm not I thought
we left the flip phone a long time ago. I
(30:22):
could be wrong. We'll see anyway. As I said on Apple,
I'm stunned. A visit to the White House exemptions gets
you four hundred billion dollars on extra market cap. That
(30:45):
rule we don't make. And I don't think there's a
pamphlet on that one. And I want to repeat again,
and I want you to remember this. We are the
most concentrated ever. They are to be watch closely, and
even more, we're underneath the surface. Watch closely because if
(31:05):
we get to the point where I say to you,
seventy percent of the stocks are now in down trends,
but the indices are only two percent off their highs
because of these fifteen names we're getting close to Heck,
that's how it works. The market likes deceiving, and most
(31:31):
people that don't go through the innards get deceived. We
won't up next, take it to the weekend. I'm Gary,
this is the one on the investor's edge.
Speaker 1 (32:14):
You're listening to. What are you waiting for one to
ready go?
Speaker 2 (32:25):
We can't? Recalled Bob and uh Welcome once again to
(32:56):
investor's edge. May I add a couple of other lessons.
I noticed today that under Armor was down a buck
twenty or eighteen percent of five dollars and forty four
cents on a worsening outlook. And then I went to
(33:22):
the monthly chart on under Armor and noticed in two
thousand and fifteen, under Armor hit an all time high
at fifty four dollars and seventy cents, which means it's
down ninety percent since twenty and fifteen. That's under Armor Nike,
(33:47):
which has been much stronger than under Armour by far.
It has had a big run through many years, but
hit a high of one seventy nine in twenty two,
just recently bottomed at around fifty three and closed it's
seventy four. It's trading. We're it traded back in two
(34:11):
thousand and seventeen, eight years of no gains, and its
sales the last four quarters were down ten percent over
the last year before that, and earnings have just crumbled
to a down eighty six percent year over year. Now
(34:34):
the stock has been a little bit better because they
I guess they cut some deal with Amazon or something.
But this is what we mean by lessons and following stocks.
And I know you're always hearing from the pun that's
think long term, but that should be if you owe
(34:56):
maybe the S and P or things like that. I'm
letting you know, on an individual basis, we are investing
in companies. The stocks represent those companies, and the market
basically will place a price on those companies, and sometimes
(35:17):
it gets out a hand to the upside. Sometimes it's insane,
the no sales crap. And then sometimes and oftentimes the
market has its way of telegraphing trouble. And both these
stocks started going wrong before the bad news started coming out,
(35:44):
and once bad news happens in corporate America. Sometimes it
feeds on itself and then you're destroyed. I just want
to bring that up because I didn't realize under Armor.
I haven't looked at this, it's been all my screen forever.
I didn't realize that Sucker was down to five bucks.
(36:05):
I'm pretty sure I've seen it, but didn't pay attention
to it because obviously it's going the wrong way. So
just keep these things in mind. And I'm bringing this
up now because and talking about it more because in
the last three weeks, we picked up accounts with two
(36:27):
hundred stocks in them, and as I was going through
those two hundred stocks, I was just amazed how many
were in protracted down trends. Not down ten percent, not
down twenty, but in major bear markets where the companies
are doing poorly. And what these people were told, well, well,
(36:51):
we want to own a piece of that industry, what
we want to dive diversify into all industries. Well why
would you do that? You know what the worst acting
group in the market's been for a very long time
(37:13):
that doesn't get talked about anymore. Marijuana. Well, the good
news is I don't think anybody's diversifying into marijuana. But
I'm making a point, why would you own big down trends,
bad companies. I don't want to mention what companies they were,
(37:35):
but there were some things in there where the companies
have announced big trouble, slowing sales, shutting of stores. You
ever want to know what not to own any retailer
that's shutting stores anyhow, just part of the lessons that
(38:07):
we've learned that we want to teach to you, because
imagine if that two hundred stock list we're all in
up trends or in the leading groups and not in
(38:28):
what have you. One of them, by the way, had Chipotle,
which topped out at seventy bucks and twenty four it's
forty one and they still own it, and they asked, well,
(38:51):
it's Chipotle, and they've had a good rip, but they're
no longer growing like they used to. Tremendous competition, no changes.
So just keep all this in mind. That is why
we break the markets apart for you here. That is
why we talk about sectors not own this. One of
(39:14):
our great calls of the last year was telling you
to avoid the HMOs and the managed care down fifty
sixty percent United Health six six two fifty. That's what
we want to do. And when we say to you
we're never going to own something like that, it's for
(39:37):
a damn good reason. We want I ninety five North,
not I ninety five South. And when we tell you
we avoid the no sales, we miss the upside, we
(39:58):
miss the crashes, just the rules we follow. That all said,
have a great weekend, head into the airport, drive carefully.
When you get home, do like we do. Make sure
you hug your family. Make sure you hug your children.
They will feel better. You will feel better, I promise,
stay well, be well, Thanks for joining, good night, all
(40:21):
bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Caultbom 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.
Popular Podcasts
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!