December 4, 2025 • 40 mins
https://garykaltbaum.com/
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Speaker 1 (00:01):
Investor's Edge with Gary Kultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:11):
And look 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 Thursday, December fourth, twenty twenty five. Hope you're
having a good day. I'm traveling tonight heading up to
the northeast. It's by Sun's thirtieth birthday this coming weekend.
(00:35):
We'll take them out to dinner and do a little celebration,
and also we'll be up there doing a little bit
of studio work for Fox Business. Looking forward to that.
Hope you are watching. By the way, lots to talk
about today, you know, I'm gonna tell you that the indices,
you know, the ones they're gonna report on TV, the Dow,
(00:57):
the S and P, the Nasdak, Nazak one hundred did
not do much today. But a hell of a lot
of jello moving on the plate. And we hope you
are listening. No, really a lot of jello moving on
the plate. And in case you don't know, this is
serious talk on everything that affects you. We'll talk to markets,
(01:18):
the economy, your job, your industry, everything emanating out of Washington, DC,
which is non stop these days, and whatever else comes
to mind that we think matters to you. And if
you do not get this radio show in your city,
and as you know, our fabulous Phoenix station was sold,
(01:40):
so we're not on Phoenix anymore. So you got to
listen to Gary Kay dot com. I know many of
you are, and we're working on another station a Portland
the station shut down KBNP my good friend Keith. This
is what happens in the media world. We keep on,
(02:00):
uh chugging along. So if you don't get this show
in your city, we'll post it at gary k dot com,
also on our x feed and if follow us on
X you should. If you don't, just put our name in.
Also be on the YouTube channel of biz tv other
podcast apps, and if you'd like to email me, just
be nice. As we said to yesterday. In one week,
(02:23):
we had somebody curse me out. Well it wasn't cursed
me out, but with nasty saying I'm too nice to
Trump and another one saying I'm too mean. Don't you
love people that are just plain old in the tank
and do not listen because, as you know, we are
balls and strikes here. We don't care. You know, we
love about Trump. We tell you what we love about Trump.
(02:47):
You know we don't love about Trump. We tell you
that too. And by the way, we really love his
golf courses. Top three I've ever played is Scotland Trump
Top three. I played Turnberry, but he bought that, but
he built the one in northern Scotland. Anyway, that's another story.
(03:07):
And yesterday we discussed yesterday how he said he's going
to use tariffs and get rid of the income tax
and what did we tell you? Impossible? And I don't
know why he even brings it up. I just don't understand.
It's not going to happen. There's no chance you're not
going to tax three trillion bucks out of the economy. No,
(03:29):
you're not. I can tell you right now. Already companies
Costco suing the administration for the tariffs if they lose
in the Supreme Court. And I can go on and on.
I just wish, I wish I had his ear. I
can help him out big time, But of course I
don't have his ear, and he probably even if I
(03:51):
told him, wouldn't give a crap what I had to say. Anyway,
for another day, and again, if you'd like to email MEH,
just be nice, respectful, shouldn't be hard. Right. As long
as you don't like hamas, we're good, we're good. As
(04:13):
long as you don't attack synagogues, we're good. As long
as you're not racist, we're good. We like nice people here. Anyway,
We're going to do a lot of the markets today
because a couple of things are going on that I
need you to know about. One of the things that
(04:35):
we warned about weeks and weeks ago woke up today.
We're going to start with that, and I want to
be careful with my words, and I want to also
not mention a name because I feel responsible. I feel responsible.
So let's backtrack. Weeks and weeks and weeks ago. We
(05:01):
had warned you about a lot of no sales companies,
companies with no sales. Let me repeat that, companies with
no sales. Let me repeat that one more time. Companies
with no sales that trade in the market, where one
(05:23):
of them went to a twenty five billion dollar market cap.
So if you were buying the stock that day at
the Highs, which was by the way, on October fifteenth.
You were paying twenty five billion dollars for a company
with no sales in the nuclear industry, and people had
(05:46):
no problem doing that. Why oh, the stock was moving
And all we did was warn you as these things
were moving up. Wasn't just this one, there are plenty others,
but this one was a poster child because twenty five
billion market cap, but we found a bunch of fifteen's
and tens and five. Paying one billion for a no
(06:06):
sales company is too much, let alone twenty five. So
we warned you. And we have these the canned language
that we always use on this because it's all about precedent,
the study of bull and bear markets. And what do
we tell you if nothing changes when all is said
(06:29):
and done, and the companies have no sales at the
end of the road, they're all going to go back
to where they came from, That's all we say. And
they all crashed. We didn't know when they would crash.
We didn't know which would crash most, but they all crashed.
(06:52):
And how do I define a crash? Well, this one
with the twenty five billion dollar market cap, went from one,
nine four down to seventy nine dollars in one, two,
three four, five weeks in change. And we warned you
because it was getting crazy, and it was nuclear and
(07:16):
quantum computers and rare earth materials and drones and robotaxis
and space and all that. And as we stayed it
at the time, we don't know when, we don't know
if they're going to continue to go higher. We didn't
(07:37):
make any predictions on when or at what point, and
it just so happened in middle of October, they crashed
fifty percent of crash. Right, Well, we just want to
let you know after this crash, there is a good chance,
(07:58):
a decent chance, that they put in a bottom today
after crashing. Not one hundred percent sure, but I'm pretty
good at telling when something is sold out and when
buyers have the upper hand, and we're just let you know.
(08:20):
All these areas quantum computing, nuclear, rare earth drones, space
lit up like a pinball machine. And interesting enough, this
one I just mentioned to you was up fifteen percent.
(08:41):
This is the twenty five billion dollar name and at
the close today seventeen billion dollar market cap. It went
closed it one to eleven and change up fifteen bucks today.
This is what we mean by waking up. And it
(09:02):
wasn't just that in the group. I'm gonna here's another one.
Let's see, here's one that went from fifty eight down
to twenty two. Was up fifteen percent today also, and
I'm not given symbols. You go check it out. All
you really gotta do is go on line and do
the best percentage gators today and you'll see a whole
(09:22):
host of these. And then you had these Rare Earth
and Quantum. Here's a quantum name that was up twelve
and a half percent, went from eighty four down to
forty was up twelve and a half percent today. Twenty
one billion dollar market cap. How's that? Speaking of Rare Earth,
(09:46):
they rallied today. Here's one with no sales, was up
twenty five percent. The stock went from forty four down
to twelve, drifted a little higher in the recent days,
and was up twenty four today to seventeen fifty. It's
got a one point four billion dollar market cap with
no sales. Unfortunately, what happened today was what happened back
(10:11):
then with the Rare Earth. The administration announced we may
be taking positions in these rare earths and unfortunately no sales,
so I don't know if they continue higher, what if
it's a one day, one week, one month, whatever. All
I can tell you is if nothing changes, there will
(10:34):
be that final eventuality which doesn't look like it's here yet.
We'll expound up next on this The One and Only
Investor's Edge.
Speaker 3 (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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(11:47):
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offer through call Capital Management.
Speaker 4 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 1 (12:09):
You're listening to. Okay, it can be fun investor's Edge.
Speaker 4 (12:15):
The last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bob. It doesn't get better than this.
Speaker 2 (12:26):
So it all begs the question do people ever learning
the lessons that we teach here? After all, here's a
stock that went from forty four down to about twelve,
(12:47):
has no sales, no nothing, and they bought it up
today at a one point four billion dollar market cap.
Are lessons not learned? Well? I think what you have
(13:08):
is a lot of traders involved, fast money retail investors,
and these things they move so strong. Think about this.
You could have bought one of these stocks yesterday be
up to twenty five percent today. I think what people
(13:29):
see is wow, look at the moves they had in
the past. If this thing can happen again. And they're
right because if that happens again, here's another one. A
quantum stock with very little sales and a ten billion
dollar market cap, was up fourteen percent today it went
from forty six down to twenty forty seven down to
(13:51):
twenty and rallied up fourteen today percent. So we're just
reporting this to you. We're not telling you what to do.
We're not telling you to buy, we're not telling you
to sell, we're not telling you to short, we're not
telling you to cover. But due to the fact we
have covered this, we felt it upon ourselves as responsible peeps,
(14:16):
to let you know that it looks like today buyers
finally got upper hand after they crashed these things out,
but with the proviso notice the big word proviso. If
nothing changes and these companies still have no sales or
(14:40):
very little sales and lose a ton of money when
the music stops and it looks like it may be
starting again, they're all going back to where they came from.
Just remember they crashed and the market hasn't even been
the bear market. So if you play good luck, I
(15:03):
hope they go to the moon. We only wish well here.
We're not like others that you know, there's some people
in my industry that love making fun of others. Look
like they applaud when people lose money. Heck, I still
remember in ninety nine, they were making fun of Warren Buffett.
(15:26):
I still remember that. Now they're making fun of this guy,
the short the short seller, Michael Burry. They're making fun
of them. I got a rule, don't make fun of billionaires.
They obviously did something right. Anyway, I thought an incumbent
(15:48):
upon myself to let you know they woke up that
froth today and just be careful and let me finish
it with a repeat. I have no clue if it
lasts a day, month, year, I have no clue whether
they skyrocket again or croaked tomorrow. We just felt it
a combent apart ourselves, since we have been reporting this
(16:09):
to you all the way up and down, we kept
on it and just looked like today and it was
early on. They jumped on him early on and unfortunately
again and we're not thrilled by this. The administration may
be taken a position in them, and blah blah blah
blah blah. The problem is a lot of them have
no freaking sales. And if you take a position to
(16:35):
company with no sales, they're going to continue to have
no sales. Okay, that's number one. Number two the big banks,
as we had told you yesterday the big banks were
(16:56):
breaking out. Well, I can tell you you got a
little bit more of that today. JP Morgan even woke
up and that's been lagging. But you have These are
the big banks, Bank of New York, Bank, America City Group, Goldman, Sachs,
JP Morgan Morgan, Stanley, Wells, Fargo. They're either at new
highs or very close. I can promise you the market
(17:18):
is not gonna crash when you have these names at
new highs. We're close, just letting you know, we'll see
if it continues. There's a thought process. Well, the Fed's
gonna lower rates, and now the quantitative tightening is going away,
which means he's gonna who the hell knows what he's
gonna do. That may be at work. On top of that,
(17:43):
the regional banks actually have a better bid now, and
that's of the help. Let me continue with the positives.
The small caps, the Russell two thousand and the mid
cap four hundred are near the old highs again a
couple of thursdays ago. They look like the south end
of a northbound jackass, and they just v shaped up
(18:06):
with a better market. If they break out to new highs,
we will alert you twenty four hundred stocks as a whole.
Let me continue with the positives. You know what kind
of woke up today and I didn't see any news.
(18:27):
The data, data storage, data center types, electronics types, electronic
contractor types, the energy for the data center types, the
(18:54):
construction for the data center types. They have been in
corrective mode for weeks and weeks and weeks and trading
some of them very wide and very loose. I mean
sand disk went from one to two eighty four back
to one eighty in three weeks. Well all of them
(19:17):
have either got back above the fifty day moving average
or held it on the way down. With some I
can tell you one name that I don't own. Unfortunately,
at a new high, which is Lite. That happened today,
and I got news. That's good news. We'll see if
(19:39):
it continues. This includes and I want to let's see,
I want to be careful here. Things that are coming
around again, like symbols GeV, CEG. This is this energy
power systems that's supposed to power the the data centers
(20:02):
and construction of them and all that crap. So that
whole area had a very good day with the NASDAQ
one hundred down, twenty five, and then Dow down thirty one.
The Nasdaq ramped into the close up fifty by the
(20:25):
end of the day. So you had good moves. Simple
cls up fourteen, FN twenty four, l T E twenty four,
SANDUS eighteen, APP twenty one, b E fifteen. We'll see
what happens tomorrow, up next. What else? This is the
(20:46):
one only investor's edge.
Speaker 4 (21:11):
You're listening to.
Speaker 2 (21:12):
America is talking fallow investor's edge. He's gotta be with
the crowd.
Speaker 3 (21:18):
Is just on his feet here.
Speaker 4 (21:20):
Said her on A boy with Gary called Bob comes
highly recommended. You're gonna feel better if you talk to him.
Speaker 2 (21:35):
And walk once again to Investor's Edge. Thanks for being
with us today. Um let's do some news. Costco is
(21:56):
joining other company suing the Trump administration over tariffs. Just
let you know report in the news. They want a
full refund. Should the Supreme Court rule the sweeping duties illegal,
can't blame them. Just remember, listen carefully. We pull no punches.
The administration lied to all of you about who pays
(22:19):
the tariffs. It's our companies. And if the Supreme Court
says it's illegal, it looks like some companies are suing,
and it's amazing how this administration will lie and then
say something that absolutely shows that they lied, Like when
he says, well, we're gonna use this the tariffs and
(22:42):
get rid of the income tax. So what he's saying
is the tariffs are at tax. And how many times
have they told us the tariffs are an attax? Bess
was out yesterday saying the tariffs are an attax by
any other name, and they wonder why they may lose
next year's election. You know, I think the average person
(23:05):
is just tired of the bull crap that four years
of Joe Biden's lion every single day. They don't want
it anymore. If I had his ear, I would just say, listen,
just tell the truth. It's okay. I don't know if
(23:27):
the air in Washington, DC is just makes them all
full of crap, I told yesterday. Speaker House was asked
about Trump's pardon of this ass clown from Honduras or
I didn't read it up yours, he didn't read it.
It's tiresome. And you know what, I'm getting a ton
(23:50):
of emails from people that voted on the right and
are pissed off the President and said affordability problem is
a hoax. You think that's gonna win votes. In the news,
(24:10):
Europe's green energy rush slashty missions, but it is now
crippling their economies. When do you have a chance go
look at the numbers. And by the way, this is
what I love about Trump. He is blowing off all
the green crap. It's a scam, it's a hoax, it's
all a money grab. We're already going green. Businesses are
(24:31):
going green, corporations are going green, We're fighting pollution. We're
doing everything right, electric vehicle this, whatever that, all the
other talk about climate this All they want is money.
Just hide your wallet when you see al Gore and stuff.
We love that the administration's giving him the middle finger,
(24:54):
see balls and strikes. Anyway, just reading about crippled industries
in Europe. Do you know that Germany shut down their
nuclear plants and the electric bills in Germany now have
gone vertical. In the news, we talked micro strategy, you know,
(25:17):
the stock that has crashed while bitcoin dropped. In case
you don't know, they just raised one point four four
billion dollars to whether the crypto downturn. Huh. But he
talked such a good game. They raised one point four
(25:38):
to four billion through a stock sale to ensure can
meet future dividends and debt interest payments. A stock sale
to meet dividends and debt interest payments, Ladies and gentlemen,
that crap reminds me of a lot of ninety nine
two thousand and in case you don't know, the stocks
(26:00):
gone is closed at one eighty six, and that's off
the lows, I believe right. It just bounce from uh
actually four days ago hit one fifty five closed that
won seventy one. It's down from four hundred and fifty
seven in July and the all time high of five
(26:20):
point forty three. If I was the CEO of a
stock that's gone from five point forty three and it's
now one eighty six, I'm not going on TV and
acting like everything is just great. But he did. People
(26:40):
are weird anyway. I don't think it's great news that.
And by the way, they went and bought one hundred
and thirty bitcoin the past two weeks. They now six
hundred and fifty thousand bitcoin bitcoin value roughly fifty six billion.
And by the way, the market cap of Strategy now
is below the bitcoin they own. That's how much the
(27:03):
market thinks of them and their leverage. I got news
for you. They should be in prayer mode at this
juncture because the last bear market and bitcoin dropped at
seventy five percent. I believe it was around seventy five.
(27:28):
I don't think this company's last thing if that occurs,
and I am not predicting that. But you're welcome. Got
a lot of emails from people. Saved you a lot
of money. And by the way, that one was just
adding one plus one. Sometimes it's not hard to figure
(27:51):
out things like when we told you Beyond Meat not
last in the way, shape or form they were when
it first started out. Nobody's eating plants. We're very few. Again,
(28:16):
sometimes it's just one plus one equals to I was
asked to comment on all this going on with the
Venezuela and the shooting of boats and stuff like that.
You all know me right right, You know, I basically
(28:41):
have no love for either side. I call balls and strikes,
and I believe in fair play, and I don't want
to be lied to. You know my answer. I'm good
with fighting drugs. Don't tell me of the drug president
(29:01):
when you pardon a guy that was convicted of trafficking
four hundred tons of cocaine, and the rest you can
read about. It's not too hard to figure out. When
there's four different stories in two days, it's not too
hard to figure out. And I'm rooting for them. I
(29:24):
was rooting for Biden, but he was just the worst
president ever, which is a very tough bar to get over. Boy,
we dodged one with Kamala Harris. I can tell you that,
as much as we are less than thrilled right now.
(29:47):
And that's a little bit of today's news of today.
I was told that everybody's betting the Cowboys tonight against
the Lions. Do you know what I think? When everybody
goes one way, right, let's see what happens that's off
the beaten path. I've also been asked about the job market.
(30:08):
As you know, I have been highlighting ADP in paychecks
in a brutal bear market for these payroll companies. The
job market remains weak. Manufacturing shrinks, shrinking layoffs of the
highest since the pandemic, and I'm being asked, how do
we have a GDP which is going to come out
(30:30):
soon in the threes when layoffs have are a one
point one million this year and the job market it's
not creating jobs right now. How can that be the
answer is consumer loves spending. But go look at the
(30:51):
numbers on credit cards and buy now, pay later. You
know Wimpy from Popeye, I'll pay you two day for
a hamburger today. So we're watching that closely. We are
really big believers. If you have a lasting rough job market,
(31:14):
eventually it's got a hit. Eventually it's got a hit. Owen.
By the way, tariffs were cited as a driver of
a lot of these cuts. Just remember what a tariff is.
It is an expense to companies, and companies are always
going to act in their best interest. And if they're
(31:34):
paying too much and expenses because of tariffs, taxes, they
may lop off a few people up next, this, that
and the other thing. And we'll think of something. I'm gary,
this is the one only investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 2 (32:16):
What are you waiting for?
Speaker 4 (32:18):
One?
Speaker 2 (32:20):
Ready?
Speaker 4 (32:25):
We can't Rey called Bob.
Speaker 2 (32:42):
Yo on a good notes And I like this they're
doing these Trump accounts. I don't like the taxpayer paying
for a bunch of it. I do love that Michael
Dell is going to pony up six billion dollars UH
twenty five million. US kid's going to receive two hundred
and fifty. It goes into a low cost stock account.
(33:06):
I think that's great. I think that's terrific. I hope
there's more billionaires that poney up, as I think I
said yesterday. If I was a billionaire, i'd put some
money in. No, really, I think it's fantastic. My grandson, Reese,
I'm poning up every year. It's gone right into a fund.
(33:29):
I never did it. I'm an idiot. I look back,
and you know, when I started in this business, I
made some good cheese, didn't save a freaking dime, bought
a portion nine two eight, acted like Joe Cool by
the way, it was a really cool car, and I
spent away. I did not realize the importance of the dollar.
(33:56):
Start early. Talk to your kids, talk to your teenagers,
Talk to your children coming out of college. I guess
they're not children anymore, and let them know the power
of compounding. Go online, put the numbers in. If you
(34:24):
took one hundred dollars a month, if able, and just
direct it into a good growth account and just keep
doing it twelve hundred a year for forty years, have
a crapload of money between dividends or what else. And
(34:53):
you can buy if the market's high, and if the
market takes a crap, you buy more when it's low.
Oh you know what I'm jealous of. I meet people
all the time that tell me things like I've on
(35:13):
Coca Cola since nineteen eighty six. I know people, if
you look at Warren Buffett, why don't you read up
about the dividends he is getting from his original buys
of things like Coca Cola and others. Unless we change
(35:38):
from capitalism to Bernie sanders'ism, we will go through bull markets,
bear markets, recessions, maybe big recessions, expansions will have inflation,
maybe some deflation. But if capitalism stage, you know what
that does is about the people striving to always do better,
(36:06):
companies striving to always do better, produce more and then cheaper, better,
bigger services and products. So just letting you know is
something I've been thinking about because of these accounts. Do
(36:27):
it yourself, Do it yourself. I'm so pissed off at
myself and not starting early. And I was making good
cheese I was thinking the other day, if I just
bought the Fidelity Contra Fund, I think with the Fidelity
Growth Fund in nineteen eighty one, I can't imagine what
(36:51):
I had right now. And by the way I was
told to do it back then, I was told to
put a little bit of money into one of these
funds back when I was twenty one. I laughed it off.
(37:12):
I laughed it off. Yeah, I don't need to do that.
I bought them the portion nine two eight instead, by
the way, white on white, and it was very fast.
And then I ran out of money and had to
sell it because I didn't prep everything I have learned.
(37:36):
I've learned since I didn't learn anything in college about it.
I played on the tennis team and I hung out
on Clearwater Beach. That's another regret. If I had to
do it all over again, I would have been a
great student and gone to a real top school. Not
(37:58):
to put down the school I went to, but you
know what I mean by that. So just some food
for thought on this day as I read about Trump
accounts and Michael Dell and if you're in your thirties
and forties, start now. And I also read you know
(38:20):
what I read also, instead of drinking any alcohol of beer,
just put it into a growth account every month. Got
that instead of smoking SIGs? Take that month. You get
my point because you read up every now and then
how much money is spent on these things. Though. By
(38:42):
the way, we're lowest ever alcohol consumption and that's why
the alcohol stocks are just getting destroyed. Just a little
food for thought, my friends, very important. Start now, and
also do the other education credit cards suck? They should
(39:05):
only be used because of convenience and paid off every
month because if not, they screw you. They're like the
the credit cards are like the Gambominos and the gottis
EH twenty seven thirty percent minimum payment. Yeah, so you
pay us into the year two thousand and seventy two
before you paid off. You gotta learn this stuff, and
(39:29):
by the way, it's not hard. You just got to
take your time, spend some time on it, and start prepping.
And I bring that up because I did a little
Fox radio yesterday, and you know what, I talked about,
how many families living paycheck to paycheck because they never save.
(39:55):
And I'm not talking about the people that really can't save.
I'm talking about the ones that don't respect the dollar,
so wishing you all luck. Speaking of luck, I'll be
on a delta flight tonight. You all 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'll feel better.
(40:17):
I promise they will be well. Thanks for joining, have
a good night, bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbom on Biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's Garykay dot com.
Investor's Edge with Gary Kultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:11):
And look 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 Thursday, December fourth, twenty twenty five. Hope you're
having a good day. I'm traveling tonight heading up to
the northeast. It's by Sun's thirtieth birthday this coming weekend.
(00:35):
We'll take them out to dinner and do a little celebration,
and also we'll be up there doing a little bit
of studio work for Fox Business. Looking forward to that.
Hope you are watching. By the way, lots to talk
about today, you know, I'm gonna tell you that the indices,
you know, the ones they're gonna report on TV, the Dow,
(00:57):
the S and P, the Nasdak, Nazak one hundred did
not do much today. But a hell of a lot
of jello moving on the plate. And we hope you
are listening. No, really a lot of jello moving on
the plate. And in case you don't know, this is
serious talk on everything that affects you. We'll talk to markets,
(01:18):
the economy, your job, your industry, everything emanating out of Washington, DC,
which is non stop these days, and whatever else comes
to mind that we think matters to you. And if
you do not get this radio show in your city,
and as you know, our fabulous Phoenix station was sold,
(01:40):
so we're not on Phoenix anymore. So you got to
listen to Gary Kay dot com. I know many of
you are, and we're working on another station a Portland
the station shut down KBNP my good friend Keith. This
is what happens in the media world. We keep on,
(02:00):
uh chugging along. So if you don't get this show
in your city, we'll post it at gary k dot com,
also on our x feed and if follow us on
X you should. If you don't, just put our name in.
Also be on the YouTube channel of biz tv other
podcast apps, and if you'd like to email me, just
be nice. As we said to yesterday. In one week,
(02:23):
we had somebody curse me out. Well it wasn't cursed
me out, but with nasty saying I'm too nice to
Trump and another one saying I'm too mean. Don't you
love people that are just plain old in the tank
and do not listen because, as you know, we are
balls and strikes here. We don't care. You know, we
love about Trump. We tell you what we love about Trump.
(02:47):
You know we don't love about Trump. We tell you
that too. And by the way, we really love his
golf courses. Top three I've ever played is Scotland Trump
Top three. I played Turnberry, but he bought that, but
he built the one in northern Scotland. Anyway, that's another story.
(03:07):
And yesterday we discussed yesterday how he said he's going
to use tariffs and get rid of the income tax
and what did we tell you? Impossible? And I don't
know why he even brings it up. I just don't understand.
It's not going to happen. There's no chance you're not
going to tax three trillion bucks out of the economy. No,
(03:29):
you're not. I can tell you right now. Already companies
Costco suing the administration for the tariffs if they lose
in the Supreme Court. And I can go on and on.
I just wish, I wish I had his ear. I
can help him out big time, But of course I
don't have his ear, and he probably even if I
(03:51):
told him, wouldn't give a crap what I had to say. Anyway,
for another day, and again, if you'd like to email MEH,
just be nice, respectful, shouldn't be hard. Right. As long
as you don't like hamas, we're good, we're good. As
(04:13):
long as you don't attack synagogues, we're good. As long
as you're not racist, we're good. We like nice people here. Anyway,
We're going to do a lot of the markets today
because a couple of things are going on that I
need you to know about. One of the things that
(04:35):
we warned about weeks and weeks ago woke up today.
We're going to start with that, and I want to
be careful with my words, and I want to also
not mention a name because I feel responsible. I feel responsible.
So let's backtrack. Weeks and weeks and weeks ago. We
(05:01):
had warned you about a lot of no sales companies,
companies with no sales. Let me repeat that, companies with
no sales. Let me repeat that one more time. Companies
with no sales that trade in the market, where one
(05:23):
of them went to a twenty five billion dollar market cap.
So if you were buying the stock that day at
the Highs, which was by the way, on October fifteenth.
You were paying twenty five billion dollars for a company
with no sales in the nuclear industry, and people had
(05:46):
no problem doing that. Why oh, the stock was moving
And all we did was warn you as these things
were moving up. Wasn't just this one, there are plenty others,
but this one was a poster child because twenty five
billion market cap, but we found a bunch of fifteen's
and tens and five. Paying one billion for a no
(06:06):
sales company is too much, let alone twenty five. So
we warned you. And we have these the canned language
that we always use on this because it's all about precedent,
the study of bull and bear markets. And what do
we tell you if nothing changes when all is said
(06:29):
and done, and the companies have no sales at the
end of the road, they're all going to go back
to where they came from, That's all we say. And
they all crashed. We didn't know when they would crash.
We didn't know which would crash most, but they all crashed.
(06:52):
And how do I define a crash? Well, this one
with the twenty five billion dollar market cap, went from one,
nine four down to seventy nine dollars in one, two,
three four, five weeks in change. And we warned you
because it was getting crazy, and it was nuclear and
(07:16):
quantum computers and rare earth materials and drones and robotaxis
and space and all that. And as we stayed it
at the time, we don't know when, we don't know
if they're going to continue to go higher. We didn't
(07:37):
make any predictions on when or at what point, and
it just so happened in middle of October, they crashed
fifty percent of crash. Right, Well, we just want to
let you know after this crash, there is a good chance,
(07:58):
a decent chance, that they put in a bottom today
after crashing. Not one hundred percent sure, but I'm pretty
good at telling when something is sold out and when
buyers have the upper hand, and we're just let you know.
(08:20):
All these areas quantum computing, nuclear, rare earth drones, space
lit up like a pinball machine. And interesting enough, this
one I just mentioned to you was up fifteen percent.
(08:41):
This is the twenty five billion dollar name and at
the close today seventeen billion dollar market cap. It went
closed it one to eleven and change up fifteen bucks today.
This is what we mean by waking up. And it
(09:02):
wasn't just that in the group. I'm gonna here's another one.
Let's see, here's one that went from fifty eight down
to twenty two. Was up fifteen percent today also, and
I'm not given symbols. You go check it out. All
you really gotta do is go on line and do
the best percentage gators today and you'll see a whole
(09:22):
host of these. And then you had these Rare Earth
and Quantum. Here's a quantum name that was up twelve
and a half percent, went from eighty four down to
forty was up twelve and a half percent today. Twenty
one billion dollar market cap. How's that? Speaking of Rare Earth,
(09:46):
they rallied today. Here's one with no sales, was up
twenty five percent. The stock went from forty four down
to twelve, drifted a little higher in the recent days,
and was up twenty four today to seventeen fifty. It's
got a one point four billion dollar market cap with
no sales. Unfortunately, what happened today was what happened back
(10:11):
then with the Rare Earth. The administration announced we may
be taking positions in these rare earths and unfortunately no sales,
so I don't know if they continue higher, what if
it's a one day, one week, one month, whatever. All
I can tell you is if nothing changes, there will
(10:34):
be that final eventuality which doesn't look like it's here yet.
We'll expound up next on this The One and Only
Investor's Edge.
Speaker 3 (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 to
get the brain cells where.
Speaker 1 (12:09):
You're listening to. Okay, it can be fun investor's Edge.
Speaker 4 (12:15):
The last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bob. It doesn't get better than this.
Speaker 2 (12:26):
So it all begs the question do people ever learning
the lessons that we teach here? After all, here's a
stock that went from forty four down to about twelve,
(12:47):
has no sales, no nothing, and they bought it up
today at a one point four billion dollar market cap.
Are lessons not learned? Well? I think what you have
(13:08):
is a lot of traders involved, fast money retail investors,
and these things they move so strong. Think about this.
You could have bought one of these stocks yesterday be
up to twenty five percent today. I think what people
(13:29):
see is wow, look at the moves they had in
the past. If this thing can happen again. And they're
right because if that happens again, here's another one. A
quantum stock with very little sales and a ten billion
dollar market cap, was up fourteen percent today it went
from forty six down to twenty forty seven down to
(13:51):
twenty and rallied up fourteen today percent. So we're just
reporting this to you. We're not telling you what to do.
We're not telling you to buy, we're not telling you
to sell, we're not telling you to short, we're not
telling you to cover. But due to the fact we
have covered this, we felt it upon ourselves as responsible peeps,
(14:16):
to let you know that it looks like today buyers
finally got upper hand after they crashed these things out,
but with the proviso notice the big word proviso. If
nothing changes and these companies still have no sales or
(14:40):
very little sales and lose a ton of money when
the music stops and it looks like it may be
starting again, they're all going back to where they came from.
Just remember they crashed and the market hasn't even been
the bear market. So if you play good luck, I
(15:03):
hope they go to the moon. We only wish well here.
We're not like others that you know, there's some people
in my industry that love making fun of others. Look
like they applaud when people lose money. Heck, I still
remember in ninety nine, they were making fun of Warren Buffett.
(15:26):
I still remember that. Now they're making fun of this guy,
the short the short seller, Michael Burry. They're making fun
of them. I got a rule, don't make fun of billionaires.
They obviously did something right. Anyway, I thought an incumbent
(15:48):
upon myself to let you know they woke up that
froth today and just be careful and let me finish
it with a repeat. I have no clue if it
lasts a day, month, year, I have no clue whether
they skyrocket again or croaked tomorrow. We just felt it
a combent apart ourselves, since we have been reporting this
(16:09):
to you all the way up and down, we kept
on it and just looked like today and it was
early on. They jumped on him early on and unfortunately
again and we're not thrilled by this. The administration may
be taken a position in them, and blah blah blah
blah blah. The problem is a lot of them have
no freaking sales. And if you take a position to
(16:35):
company with no sales, they're going to continue to have
no sales. Okay, that's number one. Number two the big banks,
as we had told you yesterday the big banks were
(16:56):
breaking out. Well, I can tell you you got a
little bit more of that today. JP Morgan even woke
up and that's been lagging. But you have These are
the big banks, Bank of New York, Bank, America City Group, Goldman, Sachs,
JP Morgan Morgan, Stanley, Wells, Fargo. They're either at new
highs or very close. I can promise you the market
(17:18):
is not gonna crash when you have these names at
new highs. We're close, just letting you know, we'll see
if it continues. There's a thought process. Well, the Fed's
gonna lower rates, and now the quantitative tightening is going away,
which means he's gonna who the hell knows what he's
gonna do. That may be at work. On top of that,
(17:43):
the regional banks actually have a better bid now, and
that's of the help. Let me continue with the positives.
The small caps, the Russell two thousand and the mid
cap four hundred are near the old highs again a
couple of thursdays ago. They look like the south end
of a northbound jackass, and they just v shaped up
(18:06):
with a better market. If they break out to new highs,
we will alert you twenty four hundred stocks as a whole.
Let me continue with the positives. You know what kind
of woke up today and I didn't see any news.
(18:27):
The data, data storage, data center types, electronics types, electronic
contractor types, the energy for the data center types, the
(18:54):
construction for the data center types. They have been in
corrective mode for weeks and weeks and weeks and trading
some of them very wide and very loose. I mean
sand disk went from one to two eighty four back
to one eighty in three weeks. Well all of them
(19:17):
have either got back above the fifty day moving average
or held it on the way down. With some I
can tell you one name that I don't own. Unfortunately,
at a new high, which is Lite. That happened today,
and I got news. That's good news. We'll see if
(19:39):
it continues. This includes and I want to let's see,
I want to be careful here. Things that are coming
around again, like symbols GeV, CEG. This is this energy
power systems that's supposed to power the the data centers
(20:02):
and construction of them and all that crap. So that
whole area had a very good day with the NASDAQ
one hundred down, twenty five, and then Dow down thirty one.
The Nasdaq ramped into the close up fifty by the
(20:25):
end of the day. So you had good moves. Simple
cls up fourteen, FN twenty four, l T E twenty four,
SANDUS eighteen, APP twenty one, b E fifteen. We'll see
what happens tomorrow, up next. What else? This is the
(20:46):
one only investor's edge.
Speaker 4 (21:11):
You're listening to.
Speaker 2 (21:12):
America is talking fallow investor's edge. He's gotta be with
the crowd.
Speaker 3 (21:18):
Is just on his feet here.
Speaker 4 (21:20):
Said her on A boy with Gary called Bob comes
highly recommended. You're gonna feel better if you talk to him.
Speaker 2 (21:35):
And walk once again to Investor's Edge. Thanks for being
with us today. Um let's do some news. Costco is
(21:56):
joining other company suing the Trump administration over tariffs. Just
let you know report in the news. They want a
full refund. Should the Supreme Court rule the sweeping duties illegal,
can't blame them. Just remember, listen carefully. We pull no punches.
The administration lied to all of you about who pays
(22:19):
the tariffs. It's our companies. And if the Supreme Court
says it's illegal, it looks like some companies are suing,
and it's amazing how this administration will lie and then
say something that absolutely shows that they lied, Like when
he says, well, we're gonna use this the tariffs and
(22:42):
get rid of the income tax. So what he's saying
is the tariffs are at tax. And how many times
have they told us the tariffs are an attax? Bess
was out yesterday saying the tariffs are an attax by
any other name, and they wonder why they may lose
next year's election. You know, I think the average person
(23:05):
is just tired of the bull crap that four years
of Joe Biden's lion every single day. They don't want
it anymore. If I had his ear, I would just say, listen,
just tell the truth. It's okay. I don't know if
(23:27):
the air in Washington, DC is just makes them all
full of crap, I told yesterday. Speaker House was asked
about Trump's pardon of this ass clown from Honduras or
I didn't read it up yours, he didn't read it.
It's tiresome. And you know what, I'm getting a ton
(23:50):
of emails from people that voted on the right and
are pissed off the President and said affordability problem is
a hoax. You think that's gonna win votes. In the news,
(24:10):
Europe's green energy rush slashty missions, but it is now
crippling their economies. When do you have a chance go
look at the numbers. And by the way, this is
what I love about Trump. He is blowing off all
the green crap. It's a scam, it's a hoax, it's
all a money grab. We're already going green. Businesses are
(24:31):
going green, corporations are going green, We're fighting pollution. We're
doing everything right, electric vehicle this, whatever that, all the
other talk about climate this All they want is money.
Just hide your wallet when you see al Gore and stuff.
We love that the administration's giving him the middle finger,
(24:54):
see balls and strikes. Anyway, just reading about crippled industries
in Europe. Do you know that Germany shut down their
nuclear plants and the electric bills in Germany now have
gone vertical. In the news, we talked micro strategy, you know,
(25:17):
the stock that has crashed while bitcoin dropped. In case
you don't know, they just raised one point four four
billion dollars to whether the crypto downturn. Huh. But he
talked such a good game. They raised one point four
(25:38):
to four billion through a stock sale to ensure can
meet future dividends and debt interest payments. A stock sale
to meet dividends and debt interest payments, Ladies and gentlemen,
that crap reminds me of a lot of ninety nine
two thousand and in case you don't know, the stocks
(26:00):
gone is closed at one eighty six, and that's off
the lows, I believe right. It just bounce from uh
actually four days ago hit one fifty five closed that
won seventy one. It's down from four hundred and fifty
seven in July and the all time high of five
(26:20):
point forty three. If I was the CEO of a
stock that's gone from five point forty three and it's
now one eighty six, I'm not going on TV and
acting like everything is just great. But he did. People
(26:40):
are weird anyway. I don't think it's great news that.
And by the way, they went and bought one hundred
and thirty bitcoin the past two weeks. They now six
hundred and fifty thousand bitcoin bitcoin value roughly fifty six billion.
And by the way, the market cap of Strategy now
is below the bitcoin they own. That's how much the
(27:03):
market thinks of them and their leverage. I got news
for you. They should be in prayer mode at this
juncture because the last bear market and bitcoin dropped at
seventy five percent. I believe it was around seventy five.
(27:28):
I don't think this company's last thing if that occurs,
and I am not predicting that. But you're welcome. Got
a lot of emails from people. Saved you a lot
of money. And by the way, that one was just
adding one plus one. Sometimes it's not hard to figure
(27:51):
out things like when we told you Beyond Meat not
last in the way, shape or form they were when
it first started out. Nobody's eating plants. We're very few. Again,
(28:16):
sometimes it's just one plus one equals to I was
asked to comment on all this going on with the
Venezuela and the shooting of boats and stuff like that.
You all know me right right, You know, I basically
(28:41):
have no love for either side. I call balls and strikes,
and I believe in fair play, and I don't want
to be lied to. You know my answer. I'm good
with fighting drugs. Don't tell me of the drug president
(29:01):
when you pardon a guy that was convicted of trafficking
four hundred tons of cocaine, and the rest you can
read about. It's not too hard to figure out. When
there's four different stories in two days, it's not too
hard to figure out. And I'm rooting for them. I
(29:24):
was rooting for Biden, but he was just the worst
president ever, which is a very tough bar to get over. Boy,
we dodged one with Kamala Harris. I can tell you that,
as much as we are less than thrilled right now.
(29:47):
And that's a little bit of today's news of today.
I was told that everybody's betting the Cowboys tonight against
the Lions. Do you know what I think? When everybody
goes one way, right, let's see what happens that's off
the beaten path. I've also been asked about the job market.
(30:08):
As you know, I have been highlighting ADP in paychecks
in a brutal bear market for these payroll companies. The
job market remains weak. Manufacturing shrinks, shrinking layoffs of the
highest since the pandemic, and I'm being asked, how do
we have a GDP which is going to come out
(30:30):
soon in the threes when layoffs have are a one
point one million this year and the job market it's
not creating jobs right now. How can that be the
answer is consumer loves spending. But go look at the
(30:51):
numbers on credit cards and buy now, pay later. You
know Wimpy from Popeye, I'll pay you two day for
a hamburger today. So we're watching that closely. We are
really big believers. If you have a lasting rough job market,
(31:14):
eventually it's got a hit. Eventually it's got a hit. Owen.
By the way, tariffs were cited as a driver of
a lot of these cuts. Just remember what a tariff is.
It is an expense to companies, and companies are always
going to act in their best interest. And if they're
(31:34):
paying too much and expenses because of tariffs, taxes, they
may lop off a few people up next, this, that
and the other thing. And we'll think of something. I'm gary,
this is the one only investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 2 (32:16):
What are you waiting for?
Speaker 4 (32:18):
One?
Speaker 2 (32:20):
Ready?
Speaker 4 (32:25):
We can't Rey called Bob.
Speaker 2 (32:42):
Yo on a good notes And I like this they're
doing these Trump accounts. I don't like the taxpayer paying
for a bunch of it. I do love that Michael
Dell is going to pony up six billion dollars UH
twenty five million. US kid's going to receive two hundred
and fifty. It goes into a low cost stock account.
(33:06):
I think that's great. I think that's terrific. I hope
there's more billionaires that poney up, as I think I
said yesterday. If I was a billionaire, i'd put some
money in. No, really, I think it's fantastic. My grandson, Reese,
I'm poning up every year. It's gone right into a fund.
(33:29):
I never did it. I'm an idiot. I look back,
and you know, when I started in this business, I
made some good cheese, didn't save a freaking dime, bought
a portion nine two eight, acted like Joe Cool by
the way, it was a really cool car, and I
spent away. I did not realize the importance of the dollar.
(33:56):
Start early. Talk to your kids, talk to your teenagers,
Talk to your children coming out of college. I guess
they're not children anymore, and let them know the power
of compounding. Go online, put the numbers in. If you
(34:24):
took one hundred dollars a month, if able, and just
direct it into a good growth account and just keep
doing it twelve hundred a year for forty years, have
a crapload of money between dividends or what else. And
(34:53):
you can buy if the market's high, and if the
market takes a crap, you buy more when it's low.
Oh you know what I'm jealous of. I meet people
all the time that tell me things like I've on
(35:13):
Coca Cola since nineteen eighty six. I know people, if
you look at Warren Buffett, why don't you read up
about the dividends he is getting from his original buys
of things like Coca Cola and others. Unless we change
(35:38):
from capitalism to Bernie sanders'ism, we will go through bull markets,
bear markets, recessions, maybe big recessions, expansions will have inflation,
maybe some deflation. But if capitalism stage, you know what
that does is about the people striving to always do better,
(36:06):
companies striving to always do better, produce more and then cheaper, better,
bigger services and products. So just letting you know is
something I've been thinking about because of these accounts. Do
(36:27):
it yourself, Do it yourself. I'm so pissed off at
myself and not starting early. And I was making good
cheese I was thinking the other day, if I just
bought the Fidelity Contra Fund, I think with the Fidelity
Growth Fund in nineteen eighty one, I can't imagine what
(36:51):
I had right now. And by the way I was
told to do it back then, I was told to
put a little bit of money into one of these
funds back when I was twenty one. I laughed it off.
(37:12):
I laughed it off. Yeah, I don't need to do that.
I bought them the portion nine two eight instead, by
the way, white on white, and it was very fast.
And then I ran out of money and had to
sell it because I didn't prep everything I have learned.
(37:36):
I've learned since I didn't learn anything in college about it.
I played on the tennis team and I hung out
on Clearwater Beach. That's another regret. If I had to
do it all over again, I would have been a
great student and gone to a real top school. Not
(37:58):
to put down the school I went to, but you
know what I mean by that. So just some food
for thought on this day as I read about Trump
accounts and Michael Dell and if you're in your thirties
and forties, start now. And I also read you know
(38:20):
what I read also, instead of drinking any alcohol of beer,
just put it into a growth account every month. Got
that instead of smoking SIGs? Take that month. You get
my point because you read up every now and then
how much money is spent on these things. Though. By
(38:42):
the way, we're lowest ever alcohol consumption and that's why
the alcohol stocks are just getting destroyed. Just a little
food for thought, my friends, very important. Start now, and
also do the other education credit cards suck? They should
(39:05):
only be used because of convenience and paid off every
month because if not, they screw you. They're like the
the credit cards are like the Gambominos and the gottis
EH twenty seven thirty percent minimum payment. Yeah, so you
pay us into the year two thousand and seventy two
before you paid off. You gotta learn this stuff, and
(39:29):
by the way, it's not hard. You just got to
take your time, spend some time on it, and start prepping.
And I bring that up because I did a little
Fox radio yesterday, and you know what, I talked about,
how many families living paycheck to paycheck because they never save.
(39:55):
And I'm not talking about the people that really can't save.
I'm talking about the ones that don't respect the dollar,
so wishing you all luck. Speaking of luck, I'll be
on a delta flight tonight. You all 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'll feel better.
(40:17):
I promise they will be well. Thanks for joining, have
a good night, bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbom on Biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's Garykay dot com.
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