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):
Man wek once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen, Happy that you are listening.
It is Monday, September fifteenth, twenty twenty five. Hope you
had a good weekend. I did not. My giants lost
to the Cowboys, so it was and in a terrible way,
which was very depressing. As you know, we live and
(00:36):
die by our football. But anyway, hope you had a
good weekend. Hope your team won. Hope you were relaxed,
ready to go back to work or if you're tired,
hanging out at the golf course or something like that. Hey,
in case you don't know, this is serious talk on
everything affects you. We'll do the markets, we'll do the economy,
we'll do your job, we will do your industry and
(01:01):
everything that affects it, whether it's tariffs, tax hikes, dictates
from high and all the news that's going on out there,
ladies and gentlemen. Boy, there is a ton and we'll
we'll cover it. And by the way, we're also going
(01:22):
to cover so as you know, we just don't do
markets in the economy. We will talk about the big
news of the day. And boy, we're getting a lot
of emails on a couple of things and you know
what they are. We'll get into that in a minute.
But if you do not get this radio show and
you city, we'll post it at gary k dot com.
We will us post it on our X feed, the
(01:43):
x feed, and if you don't follow us on actually
should and if you like to email us, just be nice.
That's all all we want is for you to be nice.
Why because we will be nice back. We will be
respectful back, unless you like hamas. Anyway, before we get
(02:04):
into markets, we're gonna have a lot to talk about
the biggest stories. I received hundreds of emails on my
thoughts on the recent murder, the political murder they're calling it,
and I'm getting all kinds of emails, and the good
news is I did not receive one that sounded like
(02:26):
some of these jackasses that are on social media. And
just spending two minutes on it, and if you don't
think this matters, I mean it really does. Culture going
forward matters to everything. Just so you know, social media
is a worldwide op ed. You know, when you go
to any newspaper, there's op eds. People are paid to
(02:49):
write about what they think. And you have op eds
for some conservative outlets. You have op eds for New
York Times, which is lefty outlet. But this social media,
everybody now is an op ed. That's what it is.
Everybody's an opinion, and we're in recognition of that. But
(03:10):
you know what the social media has done. It's allowed
the morlocks to get out and you can go look
up more locks. The illogical, the illogical, the best way
I can put it, and we're going to just shut
it off quick. You have people there that are singing
(03:31):
and dancing about somebody's murder, and unfortunate for them, there
are people that are watching it and are reporting it
to where the people work, and the people are getting fired.
(03:52):
And then those same and here's the thing, they're actually
posting that they like that somebody was murdered. They're posting
it with glee, with glee. And by the way, I'm
not making a political statement. This is just an overall
statement no matter what side they're promoting. Themselves. They're doing
(04:17):
an op ed yelling and screaming, we love murder. We're
happy that this person was murdered. He deserved it. So
not only are they happy with somebody being murdered, they're
posting it for the world to say, including the employers
(04:37):
of them and the amazing thing doctors, nurses, lawyers, airline pilots, teachers, professors,
just everything. And then they're getting fired. And then they're
going on doing a video crying why am I being fired?
(05:00):
What happened to free speech? Well, guess what, they had
free speech. They went out and had their free speech.
But every employer gets to decide who they want working
for them. And you know me, I don't like seeing
anybody fired. Who wants to see anybody fired? I don't
(05:25):
want to see anybody fired. But if you're an employer
of whatever company and there's somebody out there dancing and
singing and pointing to the neck, so all that's going on,
and I just don't understand people in their logic, Ladies
(05:45):
and gentlemen, Why am I saying this to you?
Speaker 3 (05:48):
Know?
Speaker 2 (05:48):
How I talk to you about. I try to teach
you about scams and shams and not ever getting caught
in a scam and a sham. Well, let me give
you another word of advice. Be careful what you post
on social media. Think logically. If you don't own your business,
(06:10):
you do something stupid, you can lose your job. There
are people out there watching this stuff. By the way,
I saw a restaurant owner post one of these things
and it was blasted by the same people that are
watching everybody. And guess what's gonna happen to his restaurant.
We move on, anyway, let me before I move on,
(06:32):
I wish each and every one of you good health,
good happiness. I hope that, and goodness what we are
seeing right now on this political front, I'm almost speechless, almost,
(06:53):
And let me finish up with this. I'm not into celebrities,
are you. There's only a few that I would fawn over,
only a few. If I see a you know, to me, terrific, fabulous.
(07:19):
I will tell you. When I see Steve Forbes, I
always want to take a picture with him because he's
such a nice man. When I'm on TV with him,
very nice man. I once bumped into Michael Jordan. Oh
that was pretty damn cool. My father introduced me to
(07:41):
Muhammad Ali my father at a convention when my father
worked for a sports company, and my father never ever
was conceited about it. I didn't even know about it.
Very few. I rarely watch any award shows. But a
(08:03):
woman was on the Emmys last night and she did
the usual. And these actors and actresses are wearing these
red pins, red hands, and either the biggest schmucks on
earth or they are promoting murder and they don't even
(08:24):
know it, and if they do, they can go screw.
If you ever see somebody with a pin with red hands,
it denotes bloody hands. And what it is is back
in the year two thousand two, Israelis were murdered in
cold blood and Ramala year two thousand, I believe, And
(08:46):
what he did is he went outside the window and
raised his bloody hands as the mobs were cheering for him.
And these actors and actresses, imagine, are wearing those pins
at the Emmys and they were ordered. What a bunch
of effing schmucks. These people are, What a bunch of imbeciles.
(09:11):
It's amazing to watch these dufaices. They can do such
good and instead they're idiots, absolute morons. And they say
it with such viment vigor, and look what they did
and look how they do it. I have to bring
(09:33):
that up. Do you know why you don't think that matters?
Those people are running the world. People will ask for
their autographs and now we're done. I just have to
start with that. Because I have a radio show, I
get to do things like that. By the way, none
(09:58):
of them were talking about the millions dead in the
Sudan and Syria. Didn't talk about the hostages. Didn't talk
about what's happening in Ukraine by Russia. No, no, get
(10:19):
the Jews. All right, we move on. So let me
start with a few things. First, this and then we'll
a few things.
Speaker 4 (10:33):
This is the one only Investor's Edge.
Speaker 5 (11:02):
Hi, I'm Gary Kolbaum, hosted a nationally syndicated radio show,
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Speaker 4 (12:05):
It's time to switch on the integrator units and get
the brain cells where.
Speaker 6 (12:09):
You're listening to. Okay, it fun Investors Edge.
Speaker 3 (12:15):
The last bastion of quality programming.
Speaker 6 (12:18):
With Gary called Bomb. It doesn't get better than this.
Speaker 2 (12:26):
Okay, So let's start off with tidbits. Now, this is
not to harsh the buzz because markets that are expensive
can get more expensive. And Gary, how do you know
(12:49):
markets are expensive? Well, there are measurements, and they're very
specific measurements on earnings, market capitalization, sales and all that.
And we have historical numbers and we go by history
and we compare them to other times in the market,
whether they're big tops in the market, or big bottoms
(13:12):
in the markets. That's always doing. So we'll just let
you know a few things. Number One, go read the
buffet indicator. I don't have that handy, but the warrnt
buffet indicators up in the trees. It just means expensive.
But I could have said that a year ago. Just
let you know the S and P five hundred is
now trading at three point three times sales. It's highest
(13:38):
in history. Just letting you know that's sales, not earnings sales.
I want to let you know that the SMP five
hundred's price to peak earnings it's ratio has moved up
to twenty seven point three, its highest level since the
(14:00):
year two thousand. That big top and fifty nine percent
above the historical median, the historical average. Got that if
somebody's average of points per game in basketball is twenty
(14:25):
and then all of a sudden he shoots gets thirty two.
I want to let you know that the top ten
US stocks now account for forty percent of the S
and P five hundred. Now, listen carefully. Four hundred and
ninety stocks is sixty percent of the S and P
(14:48):
five hundred. Ten stocks is forty percent. You all know
what those ten are. We keep a close watch on
him bits. Over the last twelve months, we the taxpayer
(15:19):
has paid one point two trillion dollars in interest on
the debt. That is nearly a quarter of the revenue
that we're going to bring in. And I keep hearing
(15:45):
the debt is rising by one trillion every hundred days.
I'm not so sure that. But that said, we are
not done with the fiscal year yet. We are already
at one point nine seven trillion dollars deficit this year.
(16:10):
Just letting you know, just keep all that in the
file manager, because everything's great, that's all, And we're not
here to harsh the buzz. And the market's acting fine,
notwithstanding a few areas I'm gonna mention, but I had
to bring that up. But also want to bring up
(16:31):
Elon Musk in case you did not know. I believe
Tesla opened up thirty dollars today closed up fifteen. Still
a good day, and that's after a twenty seven dollars
move on Friday. Elon Musk looks like last Thursday or Friday.
(16:54):
Let me get this right, bought a billion dollars worth
of stock in the open market. No, not kidding. He
bought a billion dollars worth of stock in the open
market Elon Musk. That's amazing. Now, I will tell you this,
(17:19):
that's the biggest number I've ever seen, and I think
by far, but versus net worth, I doubt it's even
close a billion on four hundred and something billion. I've
seen much better averages. I think Steve Winn when he
(17:40):
spent one hundred million, that's probably equivalent anyway. So that
had a good move, I can tell you. Tesla stock
is extended here, quite extended from this recent move above
the three point fifty nine to three sixty nine air
(18:00):
and I was asked, do you think this has to
do with his pay package? My answer is probably, but probably,
but we'll give it the benefit tidbits. Wednesday, the Fed's
(18:22):
going to lower rates. The ten year went down to
four point three four today down another point twenty seven.
That is going to help the mortgages even more. I
will let you know he has a little bit of
good news in twenty out of the last twenty times,
twenty out of twenty that the Feds cut rates, with
the S and P five hundred at record highs stocks
(18:44):
ended higher twelve months later. In fact, the S and
P five hundred rally and average a thirteen point nine
percent over the next twelve months. But but in eleven
out of the twenty two times that this has happened,
stocks were lower one month later. Just letting you know
(19:10):
some tibits because we're getting easier money from the Fed,
and the President is asking for a big cut or
saying there's going to be a big cut, but I
don't think it is that way. He can curse out J.
Powell a little bit more, and that'll be Wednesday at
(19:33):
two pm. It's one hundred percent. Certainly he's going to cut.
I have no clue what the market does based on
what he does. All I can tell you is the
Oracle announcement has really juiced a few areas that we're
going to get into momentarily. But I do want to
(19:55):
tell you when we tell you to avoid areas, it's
not because of our opinion. It's because of the market's opinion.
And we're going to reiterate some areas we've been telling
you to avoid as of recent and we hope you've
(20:15):
been listening, because if you can do just that one thing,
avoid the down trends, avoid the bearish phases, avoid the
bearish markets. You can be a lot ahead of the
game that's up next on this the one only investor's.
Speaker 7 (20:35):
Edge you're listening to, America is talking fallow Investor's Edge.
(21:16):
He's gotta be the crowd is just on his feet.
Speaker 6 (21:19):
Here said a boy with Gary called Bob.
Speaker 3 (21:23):
Come highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:36):
Welcome once again to Investor's Edge. May I repeat before
we get into areas number one, live life with love,
not hate. And if you do happen to get in
one of those moods, don't post it. You got that,
(22:03):
don't post it stunning what I am saying. I actually
took an hour of my time and went through. And
just so you know, there are outfits that are out
there right now. If you post glorifying murder, they're sending
(22:23):
it to your employer. They're finding you out. By the way,
this is not the first this happened under Luigi. You
know that cowardly prick that shot the guy in the
back from the United Health And then somebody did a
go fundme for a murderer, and then there was some
women that wanted to marry him. Because he's good looking. Anyway,
(22:45):
let's segue again food beverages, alcohol. As I have said
to you, usage of alcohol has been dropping big time,
and some of the worst acting stocks in the market
(23:08):
you have to continue to avoid because of that. Anheuser Busch,
Constellation Brands, holy crap, New yearly low and you can
go look up Constellation Brands. I think it's c Brands
dot com because they what are they? Medello and Corona
(23:31):
and all kinds of stuff, lots of stuff. And what's
the other one I had mentioned? Simple tap, most and cores.
The food and beverage, Coke and Pepsi and Doctor Pepper,
bear markets, especially Doctor Pepper. And when I say bear
(23:53):
market for coke, it's only down twelve percent from the high,
but the definitive downtrend. Just remember these are low beta things.
And just so I would have an idea, Coke right
now is trading lower than it did in April of
twenty two. But I love coke zero. By the way,
(24:14):
whoever invented the zero crap? Good on them. The waste
management we already there's only a few names. It's they're
in bear markets, Bearish phases down trends a lot of
the insurance stocks avoids. Restaurants acting very poorly right now.
I think the only one that's hanging up there is
(24:36):
Darden right now, and that's no great shakes. And they
report this week and some of the stocks have been
absolutely slammed. Member Chipotle is now down from its June
sixty nine to thirty eight from its June twenty fourth high.
(24:58):
Keep in mind, the stocks had a a good run.
Let's see, came public in six it was ninety nine cents.
It's thirty eight dollars and fifty eight cents now. Payroll ADP, paychecks,
(25:18):
Barish phases, the exchanges, the CME group, it's a barish phase.
CBOE a bearish phase. Not so bad, but it's broken
right now. And ice symbol ice tons of healthcare, not all,
(25:45):
but tons of healthcare stocks. And I am talking things
like Mark Eli, Lilly and others, some of the wood
of surgical holy crap, six sixteen, eight months ago, four
(26:07):
point thirty four today, So a ton of healthcare. And
I just noticed a bunch of them breaking down today. Healthcare.
And you already know about the United Health and stuff
like that. That's bounced up. But the others, no great
shakes and now not one hundred percent watching the airlines
(26:37):
and the hotels starting to get a little bit squarely.
I don't even know if squarely is a word, but
I think I've heard it before. Let's call it mushy.
Just noticing not all Alaska air looks like a topped
out on heavy volume today. For example, I noticed Delta
(27:01):
may be rolling over. Not one hundred percent sure, I
noticed been noticing Marriott's been on the weak side, and
I got a little support area hair betterhold. So just
letting you know those two. And I'm not bearish on
the cruise lines yet. Royal Caribbean, the strongest name, broke
(27:22):
the fifty day moving average today. Not yet, but if
all of a sudden we see the airlines, cruise lines
and hotels catching the drift, one plus one plus one
does equal three. So just let you know. I just
(27:44):
wanted to start with that because there's these are areas
you really don't want to own right now. Eventually that
can change and we'll let you know. And lastly, rails, truckers,
rails and truckers pitiful and ups and FedEx definitely ups
(28:12):
fed X not as bad, but they're weak. So rails, truckers, FedEx,
and ups. Notice I'm able to come out and let
you know that these areas troublesome. I left a couple out.
There are oils a mixed now not as bad as
they were, but still plenty, very weak. And there's some
(28:35):
other stuff, but those are the main ones. And I
would say it's good news when the consumer staples are
weak and the defensive issues are weak. But we don't
want to see the travel stocks breaking down. Don't want
to see the travel stocks breaking down. Why because the
(28:58):
market has ears, has a mouth, and it may be
telling us something about consumer we'll see. So I wanted
to give you that. Uh, the Dow is up forty
nine today, SMP thirty one, though good, and the NASDAK
two o seven, NAZDAK one hundred two to oh one.
Why some big stuff. And the outcome of Oracle, as
(29:25):
we had said to you, Oracle came out with these
unbelievable predictions, a backlog of three hundred and fifty nine
percent of four hundred and fifty five billion, that cloud
revenue is going to go from eighteen billion to one
hundred and forty four billion in fourty five years. And
AI and data storage and data center. So guess what's
(29:47):
going data centers, data storage, the semiconductor equipment. I can
tell you that as m l K LAC l r
c X with the alphabet soup have gone vertical over
the last few days off of the Oracle news as
well as some other names. Uh the how do I
(30:08):
describe these Celestica, the electronics contract manufacturers, and then there's
the Sea Gates and the Western digitals that just announced
they can raise prices because shortages because of demand. So
there's this area of the market the AI slash semis
(30:35):
slash data slash data storage. After Oracle's announcement, wow, and
may I state for the record, Oracle is sold off
the off the earnings report though they just gapped it
up too much, and we're looking to buy Oracle. We
(30:55):
haven't bought it yet. Hit'll hire three forty five, it's
three h two today and gapped up about ten dollars today.
That's the areas right now that are in Fuego as well.
Some of the big banks JP Morgan, New Yearly Highe Goldman,
(31:16):
Sachs right there. So some of the big banks also
and that's not bad news. Mentioned the semis and I
gotta throw one more thing at you. Uranium. Huh Well,
I'm gonna explain uranium up next. This is the one
only investor's.
Speaker 6 (31:35):
Edge you're listening to. What are you waiting for?
Speaker 2 (32:18):
One to ready?
Speaker 6 (32:25):
We can't recall Bob, So.
Speaker 2 (32:43):
Did I tell you earlier? Be careful what you post?
Just making sure. I love all of you and we
just want you all to be careful. It's it's a
(33:03):
little bit getting a little crazy out there. I say
that with no joy, getting a little crazy. We've tried
to send the message to you here about hard work,
stay in shape, no drugs, no alcohol, family, and think
(33:35):
happy thoughts and if able, always look to do something
for somebody. You need absolutely nothing from little things don't
have to be big. We always talk about the Boys
and Girls Clubs of Central Florida. We love doing things.
(33:56):
Think happy thoughts, and there's unfortunately a lot of people
posting unhappy thoughts and putting themselves in harm's way because
of lack of control of emotions. Uranium. The United States
(34:30):
is eyeing a bigger uranium reserve here so as to
cut Russian dependence and boost our nuclear growth. Uranium stocks
(34:51):
and some of the nuclear stocks straight up today on
that news. Just be careful, as I have told you this,
some of these nuclear stocks that have still no sales.
And sometimes you get moments in the market where it
(35:15):
does not matter price or valuation. It's all about themes.
Bullish phases in bullish markets will make teflon out of things.
The bear markets will crush them if nothing changes. You
(35:41):
got that. When the bear market does hit, companies that
have zero sales will go coast to coast if nothing changes.
I got one new stock, which by the way, I'm
(36:02):
not gonna mention, has made some announcements, but it has
no sales and now has a fourteen billion dollar market cap.
To have a fourteen billion dollar market cap, you better
(36:22):
have some decent amount of sales and a decent amount
of earnings. They have no sales, and maybe they're going
to have it. Maybe it's going to be the biggest
thing with dealing in real time. Right now, there's more
than a few of these. I'm jealous because the stock
(36:48):
is gone from ten to ninety five. But for the
life of me, I can't own things with no sales.
It's one of my rules, and boys, that saved me
a crapload of money. But I also miss out when
things are teth line ish, and you have one of
(37:12):
those moments right now in that area, and a couple others.
But as you know, others and other themes throughout the
last few years have absolutely blown up beyond meat. Do
I have to go with that? How about Trump's stock DJT?
(37:38):
What did that do? One hundred and seventy five down
to seventeen? And that's not a rip on Trump, We're
just stating price valuations. The game stops the AMC. What
was that the theater that hit a high of three
(38:02):
hundred and ninety three dollars? It's two dollars and ninety cents.
And you need to know how much these things were
touted at the time. So just letting you know, a
very good day for nuclear uranium for reason there was news.
(38:27):
We'll see how it plays out. Just wanted to let
you know strong movie today. As I said, semiconductor equipment,
that's all about how much more supposedly is going to
be needed going forward. That Oracle news lit a fuse
(38:51):
on some semiconductor equipment stocks that were under pressure, and
for lack of a better two word phrase, blast it off.
The only thought process. Boy, those numbers better come through.
(39:12):
But my little screen of let's see symbol app A, VGO, CLS,
crd O, any t oracle, good day to day. Oh
and then there's the semiconductor equipment stocks. Also there is
(39:37):
your story and bond market. Another decent day Today. Mortgages
from four weeks ago going to be lower as far
as the yield. And I noticed today that the one
(39:59):
year is it down at three point seven percent? That
sucker was foreign change. Good to see that. All said,
you have a great evening. Drive carefully 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. Thanks for joining. Goodnight all.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Kultbomb 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):
Man wek once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen, Happy that you are listening.
It is Monday, September fifteenth, twenty twenty five. Hope you
had a good weekend. I did not. My giants lost
to the Cowboys, so it was and in a terrible way,
which was very depressing. As you know, we live and
(00:36):
die by our football. But anyway, hope you had a
good weekend. Hope your team won. Hope you were relaxed,
ready to go back to work or if you're tired,
hanging out at the golf course or something like that. Hey,
in case you don't know, this is serious talk on
everything affects you. We'll do the markets, we'll do the economy,
we'll do your job, we will do your industry and
(01:01):
everything that affects it, whether it's tariffs, tax hikes, dictates
from high and all the news that's going on out there,
ladies and gentlemen. Boy, there is a ton and we'll
we'll cover it. And by the way, we're also going
(01:22):
to cover so as you know, we just don't do
markets in the economy. We will talk about the big
news of the day. And boy, we're getting a lot
of emails on a couple of things and you know
what they are. We'll get into that in a minute.
But if you do not get this radio show and
you city, we'll post it at gary k dot com.
We will us post it on our X feed, the
(01:43):
x feed, and if you don't follow us on actually
should and if you like to email us, just be nice.
That's all all we want is for you to be nice.
Why because we will be nice back. We will be
respectful back, unless you like hamas. Anyway, before we get
(02:04):
into markets, we're gonna have a lot to talk about
the biggest stories. I received hundreds of emails on my
thoughts on the recent murder, the political murder they're calling it,
and I'm getting all kinds of emails, and the good
news is I did not receive one that sounded like
(02:26):
some of these jackasses that are on social media. And
just spending two minutes on it, and if you don't
think this matters, I mean it really does. Culture going
forward matters to everything. Just so you know, social media
is a worldwide op ed. You know, when you go
to any newspaper, there's op eds. People are paid to
(02:49):
write about what they think. And you have op eds
for some conservative outlets. You have op eds for New
York Times, which is lefty outlet. But this social media,
everybody now is an op ed. That's what it is.
Everybody's an opinion, and we're in recognition of that. But
(03:10):
you know what the social media has done. It's allowed
the morlocks to get out and you can go look
up more locks. The illogical, the illogical, the best way
I can put it, and we're going to just shut
it off quick. You have people there that are singing
(03:31):
and dancing about somebody's murder, and unfortunate for them, there
are people that are watching it and are reporting it
to where the people work, and the people are getting fired.
(03:52):
And then those same and here's the thing, they're actually
posting that they like that somebody was murdered. They're posting
it with glee, with glee. And by the way, I'm
not making a political statement. This is just an overall
statement no matter what side they're promoting. Themselves. They're doing
(04:17):
an op ed yelling and screaming, we love murder. We're
happy that this person was murdered. He deserved it. So
not only are they happy with somebody being murdered, they're
posting it for the world to say, including the employers
(04:37):
of them and the amazing thing doctors, nurses, lawyers, airline pilots, teachers, professors,
just everything. And then they're getting fired. And then they're
going on doing a video crying why am I being fired?
(05:00):
What happened to free speech? Well, guess what, they had
free speech. They went out and had their free speech.
But every employer gets to decide who they want working
for them. And you know me, I don't like seeing
anybody fired. Who wants to see anybody fired? I don't
(05:25):
want to see anybody fired. But if you're an employer
of whatever company and there's somebody out there dancing and
singing and pointing to the neck, so all that's going on,
and I just don't understand people in their logic, Ladies
(05:45):
and gentlemen, Why am I saying this to you?
Speaker 3 (05:48):
Know?
Speaker 2 (05:48):
How I talk to you about. I try to teach
you about scams and shams and not ever getting caught
in a scam and a sham. Well, let me give
you another word of advice. Be careful what you post
on social media. Think logically. If you don't own your business,
(06:10):
you do something stupid, you can lose your job. There
are people out there watching this stuff. By the way,
I saw a restaurant owner post one of these things
and it was blasted by the same people that are
watching everybody. And guess what's gonna happen to his restaurant.
We move on, anyway, let me before I move on,
(06:32):
I wish each and every one of you good health,
good happiness. I hope that, and goodness what we are
seeing right now on this political front, I'm almost speechless, almost,
(06:53):
And let me finish up with this. I'm not into celebrities,
are you. There's only a few that I would fawn over,
only a few. If I see a you know, to me, terrific, fabulous.
(07:19):
I will tell you. When I see Steve Forbes, I
always want to take a picture with him because he's
such a nice man. When I'm on TV with him,
very nice man. I once bumped into Michael Jordan. Oh
that was pretty damn cool. My father introduced me to
(07:41):
Muhammad Ali my father at a convention when my father
worked for a sports company, and my father never ever
was conceited about it. I didn't even know about it.
Very few. I rarely watch any award shows. But a
(08:03):
woman was on the Emmys last night and she did
the usual. And these actors and actresses are wearing these
red pins, red hands, and either the biggest schmucks on
earth or they are promoting murder and they don't even
(08:24):
know it, and if they do, they can go screw.
If you ever see somebody with a pin with red hands,
it denotes bloody hands. And what it is is back
in the year two thousand two, Israelis were murdered in
cold blood and Ramala year two thousand, I believe, And
(08:46):
what he did is he went outside the window and
raised his bloody hands as the mobs were cheering for him.
And these actors and actresses, imagine, are wearing those pins
at the Emmys and they were ordered. What a bunch
of effing schmucks. These people are, What a bunch of imbeciles.
(09:11):
It's amazing to watch these dufaices. They can do such
good and instead they're idiots, absolute morons. And they say
it with such viment vigor, and look what they did
and look how they do it. I have to bring
(09:33):
that up. Do you know why you don't think that matters?
Those people are running the world. People will ask for
their autographs and now we're done. I just have to
start with that. Because I have a radio show, I
get to do things like that. By the way, none
(09:58):
of them were talking about the millions dead in the
Sudan and Syria. Didn't talk about the hostages. Didn't talk
about what's happening in Ukraine by Russia. No, no, get
(10:19):
the Jews. All right, we move on. So let me
start with a few things. First, this and then we'll
a few things.
Speaker 4 (10:33):
This is the one only Investor's Edge.
Speaker 5 (11:02):
Hi, I'm Gary Kolbaum, hosted a nationally syndicated radio show,
Investor's Edge. We're not just handsome radio people. We manage
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(11:25):
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to five five nine. That's eight eight eight four two
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offer through Call Capital Management.
Speaker 4 (12:05):
It's time to switch on the integrator units and get
the brain cells where.
Speaker 6 (12:09):
You're listening to. Okay, it fun Investors Edge.
Speaker 3 (12:15):
The last bastion of quality programming.
Speaker 6 (12:18):
With Gary called Bomb. It doesn't get better than this.
Speaker 2 (12:26):
Okay, So let's start off with tidbits. Now, this is
not to harsh the buzz because markets that are expensive
can get more expensive. And Gary, how do you know
(12:49):
markets are expensive? Well, there are measurements, and they're very
specific measurements on earnings, market capitalization, sales and all that.
And we have historical numbers and we go by history
and we compare them to other times in the market,
whether they're big tops in the market, or big bottoms
(13:12):
in the markets. That's always doing. So we'll just let
you know a few things. Number One, go read the
buffet indicator. I don't have that handy, but the warrnt
buffet indicators up in the trees. It just means expensive.
But I could have said that a year ago. Just
let you know the S and P five hundred is
now trading at three point three times sales. It's highest
(13:38):
in history. Just letting you know that's sales, not earnings sales.
I want to let you know that the SMP five
hundred's price to peak earnings it's ratio has moved up
to twenty seven point three, its highest level since the
(14:00):
year two thousand. That big top and fifty nine percent
above the historical median, the historical average. Got that if
somebody's average of points per game in basketball is twenty
(14:25):
and then all of a sudden he shoots gets thirty two.
I want to let you know that the top ten
US stocks now account for forty percent of the S
and P five hundred. Now, listen carefully. Four hundred and
ninety stocks is sixty percent of the S and P
(14:48):
five hundred. Ten stocks is forty percent. You all know
what those ten are. We keep a close watch on
him bits. Over the last twelve months, we the taxpayer
(15:19):
has paid one point two trillion dollars in interest on
the debt. That is nearly a quarter of the revenue
that we're going to bring in. And I keep hearing
(15:45):
the debt is rising by one trillion every hundred days.
I'm not so sure that. But that said, we are
not done with the fiscal year yet. We are already
at one point nine seven trillion dollars deficit this year.
(16:10):
Just letting you know, just keep all that in the
file manager, because everything's great, that's all, And we're not
here to harsh the buzz. And the market's acting fine,
notwithstanding a few areas I'm gonna mention, but I had
to bring that up. But also want to bring up
(16:31):
Elon Musk in case you did not know. I believe
Tesla opened up thirty dollars today closed up fifteen. Still
a good day, and that's after a twenty seven dollars
move on Friday. Elon Musk looks like last Thursday or Friday.
(16:54):
Let me get this right, bought a billion dollars worth
of stock in the open market. No, not kidding. He
bought a billion dollars worth of stock in the open
market Elon Musk. That's amazing. Now, I will tell you this,
(17:19):
that's the biggest number I've ever seen, and I think
by far, but versus net worth, I doubt it's even
close a billion on four hundred and something billion. I've
seen much better averages. I think Steve Winn when he
(17:40):
spent one hundred million, that's probably equivalent anyway. So that
had a good move, I can tell you. Tesla stock
is extended here, quite extended from this recent move above
the three point fifty nine to three sixty nine air
(18:00):
and I was asked, do you think this has to
do with his pay package? My answer is probably, but probably,
but we'll give it the benefit tidbits. Wednesday, the Fed's
(18:22):
going to lower rates. The ten year went down to
four point three four today down another point twenty seven.
That is going to help the mortgages even more. I
will let you know he has a little bit of
good news in twenty out of the last twenty times,
twenty out of twenty that the Feds cut rates, with
the S and P five hundred at record highs stocks
(18:44):
ended higher twelve months later. In fact, the S and
P five hundred rally and average a thirteen point nine
percent over the next twelve months. But but in eleven
out of the twenty two times that this has happened,
stocks were lower one month later. Just letting you know
(19:10):
some tibits because we're getting easier money from the Fed,
and the President is asking for a big cut or
saying there's going to be a big cut, but I
don't think it is that way. He can curse out J.
Powell a little bit more, and that'll be Wednesday at
(19:33):
two pm. It's one hundred percent. Certainly he's going to cut.
I have no clue what the market does based on
what he does. All I can tell you is the
Oracle announcement has really juiced a few areas that we're
going to get into momentarily. But I do want to
(19:55):
tell you when we tell you to avoid areas, it's
not because of our opinion. It's because of the market's opinion.
And we're going to reiterate some areas we've been telling
you to avoid as of recent and we hope you've
(20:15):
been listening, because if you can do just that one thing,
avoid the down trends, avoid the bearish phases, avoid the
bearish markets. You can be a lot ahead of the
game that's up next on this the one only investor's.
Speaker 7 (20:35):
Edge you're listening to, America is talking fallow Investor's Edge.
(21:16):
He's gotta be the crowd is just on his feet.
Speaker 6 (21:19):
Here said a boy with Gary called Bob.
Speaker 3 (21:23):
Come highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:36):
Welcome once again to Investor's Edge. May I repeat before
we get into areas number one, live life with love,
not hate. And if you do happen to get in
one of those moods, don't post it. You got that,
(22:03):
don't post it stunning what I am saying. I actually
took an hour of my time and went through. And
just so you know, there are outfits that are out
there right now. If you post glorifying murder, they're sending
(22:23):
it to your employer. They're finding you out. By the way,
this is not the first this happened under Luigi. You
know that cowardly prick that shot the guy in the
back from the United Health And then somebody did a
go fundme for a murderer, and then there was some
women that wanted to marry him. Because he's good looking. Anyway,
(22:45):
let's segue again food beverages, alcohol. As I have said
to you, usage of alcohol has been dropping big time,
and some of the worst acting stocks in the market
(23:08):
you have to continue to avoid because of that. Anheuser Busch,
Constellation Brands, holy crap, New yearly low and you can
go look up Constellation Brands. I think it's c Brands
dot com because they what are they? Medello and Corona
(23:31):
and all kinds of stuff, lots of stuff. And what's
the other one I had mentioned? Simple tap, most and cores.
The food and beverage, Coke and Pepsi and Doctor Pepper,
bear markets, especially Doctor Pepper. And when I say bear
(23:53):
market for coke, it's only down twelve percent from the high,
but the definitive downtrend. Just remember these are low beta things.
And just so I would have an idea, Coke right
now is trading lower than it did in April of
twenty two. But I love coke zero. By the way,
(24:14):
whoever invented the zero crap? Good on them. The waste
management we already there's only a few names. It's they're
in bear markets, Bearish phases down trends a lot of
the insurance stocks avoids. Restaurants acting very poorly right now.
I think the only one that's hanging up there is
(24:36):
Darden right now, and that's no great shakes. And they
report this week and some of the stocks have been
absolutely slammed. Member Chipotle is now down from its June
sixty nine to thirty eight from its June twenty fourth high.
(24:58):
Keep in mind, the stocks had a a good run.
Let's see, came public in six it was ninety nine cents.
It's thirty eight dollars and fifty eight cents now. Payroll ADP, paychecks,
(25:18):
Barish phases, the exchanges, the CME group, it's a barish phase.
CBOE a bearish phase. Not so bad, but it's broken
right now. And ice symbol ice tons of healthcare, not all,
(25:45):
but tons of healthcare stocks. And I am talking things
like Mark Eli, Lilly and others, some of the wood
of surgical holy crap, six sixteen, eight months ago, four
(26:07):
point thirty four today, So a ton of healthcare. And
I just noticed a bunch of them breaking down today. Healthcare.
And you already know about the United Health and stuff
like that. That's bounced up. But the others, no great
shakes and now not one hundred percent watching the airlines
(26:37):
and the hotels starting to get a little bit squarely.
I don't even know if squarely is a word, but
I think I've heard it before. Let's call it mushy.
Just noticing not all Alaska air looks like a topped
out on heavy volume today. For example, I noticed Delta
(27:01):
may be rolling over. Not one hundred percent sure, I
noticed been noticing Marriott's been on the weak side, and
I got a little support area hair betterhold. So just
letting you know those two. And I'm not bearish on
the cruise lines yet. Royal Caribbean, the strongest name, broke
(27:22):
the fifty day moving average today. Not yet, but if
all of a sudden we see the airlines, cruise lines
and hotels catching the drift, one plus one plus one
does equal three. So just let you know. I just
(27:44):
wanted to start with that because there's these are areas
you really don't want to own right now. Eventually that
can change and we'll let you know. And lastly, rails, truckers,
rails and truckers pitiful and ups and FedEx definitely ups
(28:12):
fed X not as bad, but they're weak. So rails, truckers, FedEx,
and ups. Notice I'm able to come out and let
you know that these areas troublesome. I left a couple out.
There are oils a mixed now not as bad as
they were, but still plenty, very weak. And there's some
(28:35):
other stuff, but those are the main ones. And I
would say it's good news when the consumer staples are
weak and the defensive issues are weak. But we don't
want to see the travel stocks breaking down. Don't want
to see the travel stocks breaking down. Why because the
(28:58):
market has ears, has a mouth, and it may be
telling us something about consumer we'll see. So I wanted
to give you that. Uh, the Dow is up forty
nine today, SMP thirty one, though good, and the NASDAK
two o seven, NAZDAK one hundred two to oh one.
Why some big stuff. And the outcome of Oracle, as
(29:25):
we had said to you, Oracle came out with these
unbelievable predictions, a backlog of three hundred and fifty nine
percent of four hundred and fifty five billion, that cloud
revenue is going to go from eighteen billion to one
hundred and forty four billion in fourty five years. And
AI and data storage and data center. So guess what's
(29:47):
going data centers, data storage, the semiconductor equipment. I can
tell you that as m l K LAC l r
c X with the alphabet soup have gone vertical over
the last few days off of the Oracle news as
well as some other names. Uh the how do I
(30:08):
describe these Celestica, the electronics contract manufacturers, and then there's
the Sea Gates and the Western digitals that just announced
they can raise prices because shortages because of demand. So
there's this area of the market the AI slash semis
(30:35):
slash data slash data storage. After Oracle's announcement, wow, and
may I state for the record, Oracle is sold off
the off the earnings report though they just gapped it
up too much, and we're looking to buy Oracle. We
(30:55):
haven't bought it yet. Hit'll hire three forty five, it's
three h two today and gapped up about ten dollars today.
That's the areas right now that are in Fuego as well.
Some of the big banks JP Morgan, New Yearly Highe Goldman,
(31:16):
Sachs right there. So some of the big banks also
and that's not bad news. Mentioned the semis and I
gotta throw one more thing at you. Uranium. Huh Well,
I'm gonna explain uranium up next. This is the one
only investor's.
Speaker 6 (31:35):
Edge you're listening to. What are you waiting for?
Speaker 2 (32:18):
One to ready?
Speaker 6 (32:25):
We can't recall Bob, So.
Speaker 2 (32:43):
Did I tell you earlier? Be careful what you post?
Just making sure. I love all of you and we
just want you all to be careful. It's it's a
(33:03):
little bit getting a little crazy out there. I say
that with no joy, getting a little crazy. We've tried
to send the message to you here about hard work,
stay in shape, no drugs, no alcohol, family, and think
(33:35):
happy thoughts and if able, always look to do something
for somebody. You need absolutely nothing from little things don't
have to be big. We always talk about the Boys
and Girls Clubs of Central Florida. We love doing things.
(33:56):
Think happy thoughts, and there's unfortunately a lot of people
posting unhappy thoughts and putting themselves in harm's way because
of lack of control of emotions. Uranium. The United States
(34:30):
is eyeing a bigger uranium reserve here so as to
cut Russian dependence and boost our nuclear growth. Uranium stocks
(34:51):
and some of the nuclear stocks straight up today on
that news. Just be careful, as I have told you this,
some of these nuclear stocks that have still no sales.
And sometimes you get moments in the market where it
(35:15):
does not matter price or valuation. It's all about themes.
Bullish phases in bullish markets will make teflon out of things.
The bear markets will crush them if nothing changes. You
(35:41):
got that. When the bear market does hit, companies that
have zero sales will go coast to coast if nothing changes.
I got one new stock, which by the way, I'm
(36:02):
not gonna mention, has made some announcements, but it has
no sales and now has a fourteen billion dollar market cap.
To have a fourteen billion dollar market cap, you better
(36:22):
have some decent amount of sales and a decent amount
of earnings. They have no sales, and maybe they're going
to have it. Maybe it's going to be the biggest
thing with dealing in real time. Right now, there's more
than a few of these. I'm jealous because the stock
(36:48):
is gone from ten to ninety five. But for the
life of me, I can't own things with no sales.
It's one of my rules, and boys, that saved me
a crapload of money. But I also miss out when
things are teth line ish, and you have one of
(37:12):
those moments right now in that area, and a couple others.
But as you know, others and other themes throughout the
last few years have absolutely blown up beyond meat. Do
I have to go with that? How about Trump's stock DJT?
(37:38):
What did that do? One hundred and seventy five down
to seventeen? And that's not a rip on Trump, We're
just stating price valuations. The game stops the AMC. What
was that the theater that hit a high of three
(38:02):
hundred and ninety three dollars? It's two dollars and ninety cents.
And you need to know how much these things were
touted at the time. So just letting you know, a
very good day for nuclear uranium for reason there was news.
(38:27):
We'll see how it plays out. Just wanted to let
you know strong movie today. As I said, semiconductor equipment,
that's all about how much more supposedly is going to
be needed going forward. That Oracle news lit a fuse
(38:51):
on some semiconductor equipment stocks that were under pressure, and
for lack of a better two word phrase, blast it off.
The only thought process. Boy, those numbers better come through.
(39:12):
But my little screen of let's see symbol app A, VGO, CLS,
crd O, any t oracle, good day to day. Oh
and then there's the semiconductor equipment stocks. Also there is
(39:37):
your story and bond market. Another decent day Today. Mortgages
from four weeks ago going to be lower as far
as the yield. And I noticed today that the one
(39:59):
year is it down at three point seven percent? That
sucker was foreign change. Good to see that. All said,
you have a great evening. Drive carefully 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. Thanks for joining. Goodnight all.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Kultbomb 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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