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 (00:11):
And well 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's October first, It's twenty twenty five. I'm sixty five today.
I squatted three hundred pounds yesterday. Though, hope you're having
(00:32):
a good day. By the way, as I have said
to you, and I mean this, I turned sixty five today.
I don't feel a thing about it, and I'm rolling back.
What do I mean by that? Just this is little
inspiration for you. I just read a story about a
(00:56):
man that never worked out in his life and in
the mid seventies decided to go on a rowing machine.
He's now ninety three and is setting all records for rowing.
And when they tested his one of my things, what
am I looking for? Tested his lung usage. It was
of a forty year old. So I have purposefully and
(01:21):
specifically indubitably going forward doubling and tripling up the working
out I treat it. Just so you know, I raised
weights this past week on purpose. I raised the weights
(01:43):
on purpose. I have this universal machine at my house
and in the bench press, it's a sitting press. It
goes up to I think sixteen. I put it down
to thirteen. I haven't done that in ages, and I
knocked out eight. I am determined because, hey, you know reality,
(02:09):
I've met fifty year olds that looked seventy five. Don't
take care of themselves. My recommendation for each and every
one of you, take care of yourselves, especially get as
you get older, your metabolism slows down, and it's not
that hard. It's not that hard thirty minute walk. If
(02:30):
you can jog even better. If you have an inclined trainer,
we can go up even better. Lift weights four times
a week. It doesn't have to be heavy. Do some squats,
do some pushups, do some sit ups. Every day. It
takes ten minutes. Get rid of the frickin alcohol. Drink
(02:50):
coke zero if you have to drink soda or pepsi zero,
and you know what not to eat or how much,
and take care of yourselves. You know, we travel a lot,
and we're in airports, and I don't know if this
makes any sense. But if I'm I don't even know
(03:12):
if I should say this, but if I see somebody
that's much younger than me and way out of shape,
I see to myself out loud, I'm going into the gym,
and it's good for you too. So just letting you know,
we used to like actually tell you what our workouts
(03:34):
were every day. I may have to do that for
like thirty seconds each day. Get you going, get you inspired. Anyway,
I am sixty five today and it's so weird. It
is so darn weird. And let me state for the
record again if you need help as you get towards
(03:54):
sixty five, if you need help, let me give you
my friend from high school, Mario Bick. He's a genius
with the Medicare. I'm saving thousands already. And BIC Insuranceconsultants
dot com, b c K Insuranceconsultants dot com. Check out
(04:20):
the website, give them a call. He doesn't know I'm
saying that. I get nothing to say that, just letting
you know. I just thought he did a great job.
All right, Drugs, we'll introduce ourselves in a few minutes.
By the way, Shanatova to those that are celebrating Yom
(04:41):
Kippur at the sundown tonight. I will not be doing
the show tomorrow. Adam will be around Phoenix, Arizona, KFNN,
all the peeps there. I'm not even sure if we're
on the air because the station's being sold now well known,
so I can say it. If we are not on
(05:03):
the air and you're still listening, hey, keep listening. If
we're on the air, very simple. If you don't get
this radio show and you city gary Ka dot com,
we'll post it there, We'll post it on our x feed.
We post it very quickly. It's also on the YouTube
channel abyss TV and we are upgrading the show. You're
gonna see me doing the show in the next couple
(05:26):
of weeks. I think it's gonna be so do not forget.
And that's just you know, we just want to thank
Ron Cohen. What a mench what a good man. Always
been there for us, always generous, always nice thing to say.
(05:50):
We want to thank him big time. And we look
for other radio stations and you never know where we
will pop up. How's that. Oh, by the way, in introductions,
before we do the drug part of the show, if
you do not get this radio show. Oh no, no, no, no,
no serious talk on everything that affects you. We'll do
(06:12):
the markets, the economy, your job, your industry, jobs. The
title of this show is jobs with Her and whatever
else comes to mind. Oh, the government's shut down. Of course,
it's the big lie. The government is not shut down.
Most of the government is up. Though. Listen, there's gonna
(06:33):
be furloughs and there's gonna be people that are not
getting paid until government's back up. We definitely, definitely, definitely
feel for them. This is an outcome of the cretans
and miscreants in the Republican and Democratic Party. Just keep
in mind, they can have this done way in advance.
It's all a scam, it's all a con where the
(06:55):
marks Just remember that. Just remember they used to fight
over debt ceiling. They used to fight over debt. They
don't give a crap anymore. One totally doesn't give a crap,
and the other one lies about giving a crap. Of course,
it's the Republicans that lie about giving a crap. I
saw Republicans on TV today. Yeah, we've gotta do something
about the debt and deficits. You know what I said
(07:15):
out loud to the people on TV, go screw yourself,
That's what I yelled out. They had such a chance
to wipe out a bunch of Biden's scam of one
point a trillion of the Inflation Reduction Act, where Biden,
by accident admitted there was no inflation reduction. Very easily
(07:39):
could have knocked out six hundred to nine hundred billion
of that, and you know what this They did nothing?
And you know why because if they know they cut
down government spending, it hurts GDP. And if you have
the worst GDP numbers, oh the next election, So screw
the taxpayer, screw you. I also saw a pundit on
the right today talk about how the economy sizzling, and
(08:02):
I'm thinking to myself, the jobs numbers. One of the
numbers came out today was down. So be careful what
you hear. The left lies one hundred percent of the time.
The right, we'll call it about eighty five percent of
the time. And we hate saying it. We take no joy,
(08:22):
but enough's enough. And you know how we know we're
heading to thirty eight trillion of debt. Now they've spent
thirty eight trillion dollars that they weren't supposed to. And
the job number, by the way, today, I got it
here somewhere. I know I saw it somewhere. ADP Employment
(08:47):
change actually minus thirty two thousand. The estimate was forty thousand.
The prior month was revised down minus three thousand from
a gain of fifty four thousand. So let me start
out by saying the job market's withering. Now, I'm not
throwing blame at anybody. It may be the AI thing.
(09:08):
I keep reading every day about the next company that's
firing eight hundred people because artificial intelligence. And I really
don't know how that comes about, because I'm a people person.
But we're just letting you know the job market's withering.
And I don't think it's an accident that I'm on
this show telling you that the airlines, the cruise lines,
(09:32):
the hotels, and the restaurant stocks are acting terribly because
if the job market worsens, less people with jobs they
have to go on unemployment. Unemployment pays a lot less
than what they're making. And what do they do when
they sit around the table with their wife or the
(09:53):
husband and they talk about how much they're bringing in now?
And maybe, just maybe this Friday, instead of going out
to dinner, We're going to eat in. Oh that vacation,
we're going to do ten days, let's only do six.
Oh we were going to travel first class, Let's go coach.
That's how it works, and when it builds up, it
(10:16):
really affects the whole economy. So something we're watching very closely.
The job market is not in good shape, in spite
of Trump and this other guy out there to saying
the economy sizzling. Trump said yesterday it's the hottest economy
we've ever had. No, it ain't up. Next we'll continue
with that and then lots of market This is the
(10:39):
one only Investor's Edge. Hi, I'm Gary Kolbaum hosted a
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will carefully evaluate your personal goals to determine a proper
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The number to call is eight eight eight four two
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Speaker 3 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 4 (12:09):
You're listening to. Okay, Investor's Edge.
Speaker 3 (12:15):
The last bastion of quality programming.
Speaker 5 (12:18):
With Gary called bomb. It doesn't get better than this.
Speaker 2 (12:28):
Welcome once again to Investor's Edge. By the way, they
had another bozo conservative out I saw on TV talking
about the tariffs are bringing in so much money. A
conservative does not like higher taxes. They like lower taxes.
(12:49):
So when a conservative says, oh, look at all that
money being brought in, they're hypocrites. I guarantee you if
Joe Biden was doing the tariffs, the conservatives would be
having fits. But since it's Trump doing the tariffs, oh
everything's great. Just letting you know, tariffs are a tax
(13:09):
on us, not them. Money is not coming into the country,
It is staying in the country and going to the
treasury from our companies and to a certain extent, and
we'll know in time the consumer and Trump keeps putting
on new tariffs every day, something new this week, furniture
(13:30):
and lumber and this, that and the other thing. And
I know his means to an end. He wants manufacturing here.
I hope it works. By the way, we're rooting for him.
We're not like the TDS people that hate him. We're
rooting from We just don't like higher taxes and we
don't like being conned. But we're rooting for him. We
(13:51):
love what he's done at the border. Fantastic a plus
plus plus plus people. He saved lives at the border.
As we've told you, people were dying crossing the river,
people were dying in the back of trucks. There's still
a ton of missing children that the media never told
you about. Love that he's done a yeomen's job at least,
(14:13):
trying for peace around the globe. And yeah he's embellished.
Oh I've stopped seven wars. No he hasn't. But he's
knocked out a couple and he's really trying hard with
Hermas in Israel. But Hamas is never gonna want peace.
They like murdering people. They like raping women. You do
(14:36):
understand that they like marrying eight year old women. You
know that they like stringing gaze up and stoning them
to death. You know that, right. They're animals. They're never
gonna give in. But I'm heartbroken if there's one person
(15:01):
that praises them. It sickens me that one person. If
they were at that festival a couple October sevenths ago,
they would have been murdered. Do you know I saw
a gay person being interviewed the other day that said, yeah,
I know that if I met Hamas, they would murder
me because I'm gay. But I'm still backing them. I
(15:22):
actually saw that video. I don't know what's going on
out there, but I gotta tell you there's gonna be
a bull market, the biggest bull market ever in straight jackets,
rubber rooms and psychologists. And do you know in Britain
(15:45):
they are putting British people in jail if they say
something untoward on the web, like I'm British and I'm
staying British. If they carry the British flag while Muslims
(16:07):
are parading and calling for free Palestine, they get arrested.
There's a lot of topsy turving going on out there.
Ladies and gentlemen, we shall keep you informed. It's quite weird.
But drugs, I just have to let you know. Drugs
(16:31):
the President, and I'm still perplexed. The President announces yesterday
this deal with Pfizer and what they're gonna be doing
is and I don't know how it's gonna work, and
I gather it'll take some time. And I love this
from the President that there's gonna be favored nation status
(16:55):
for drugs, meaning no longer are you gonna find out
that pill in Canada is eight dollars a pill, two
dollars a pill, but in the United States it's eight
for now on whatever the lowest is around the world,
that's what you're gonna get in the United States. And
(17:16):
Pfizer's doing that, and I gather other drug companies are
gonna have to line up the same way. And I
saw the news and I'm like terrific. The cost of
pharmaceuticals is going to come down. Not all not all drugs,
but a whole host of them that is terrific. What
(17:39):
I don't understand And somebody sent me something on it
and I read it and it still didn't make any
sense to me. Eli Lilly. Yesterday morning was seven twenty five,
it's eight twenty five today, seven hundred and twenty five
to eight hundred and twenty five. Amjen Big Biotech uh
(18:04):
two seventy four to two ninety eight. Ab V yesterday
morning two twenty two to two forty four. That's ten percent.
Regeneron Pharmaceuticals, a biotech that has been murdered five fifty
(18:30):
five to five ninety nine. United Therapeutics another biotech, let's say,
four seventeen to four thirty eight. Lower beta type stuff,
Astrozenica seventy four to eighty four, Merk one of my
(18:51):
poster children of Bear Markets seventy eight to ninety. This
is from the announcement yesterday to the close today. Now,
any of you are obviously a lot smarter than me,
If you can email me and tell me why would
you think these things would be up ten to twenty
percent or for that announcement. I want to know what
(19:13):
you think, because I've been reading about it, and nobody's
been able to explain to me what's the twenty percent
bid in these drug companies when potentially more than likely
they're going to be charging less for them drugs in
the United States? You catching my drift? In any case,
(19:37):
maybe didn't we tell you in recent days that the
percentage of healthcare to the market was like way below
the medium, while the percentage of technology was way above.
Maybe it's just a reversion to the mean. Don't know.
(19:57):
The only thing I do know is a of a
move in the drugstocks lesser extent medical stuff. I will
tell you there's been a few medical research or medical
product companies that boom. How about Thermoelectron. Let's see yesterday
(20:20):
for sixty to five thirty in two days they do
optical spectroscopy instruments, Tresco say that ten times fast, and
all kinds of other crap. Unbelievable move in the medicals,
(20:40):
a lot of them. Email me if you know what
the hell is going on, because I don't up next
what else was seeing? Lots? This is the one only investor's.
Speaker 4 (20:49):
Edge you're listening to. America is talking calling Investor's edge.
Speaker 2 (21:16):
He's gotta be bet with the crowd is just on
his feet here, he.
Speaker 5 (21:20):
Said her on a boy with Gary called Bob.
Speaker 3 (21:23):
I'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:49):
And walk once again to investor's edge. So we start
out with the drug thing. I'm perplexed. I saw analysts
give reasons and not one of them made any sense.
If I sell a product and I have and I
have to because of whatever reason, i have to sell
(22:11):
it at a lower price, and I'm not going to
be selling more of it. I don't know why my
stock would go up. That's just me, Okay. I ninety
(22:31):
five goes north and south. So let's say you're starting
on I ninety five at let's see what's that is
it Valdosta, Georgia, and you have one car facing north
in one car facing south. I think this is a
(22:53):
good analogy. And let's presume those stocks cars represent stocks,
and let's presume pretty much in the same industry those
stocks and better yet, let's start at uh, Washington d C.
(23:22):
But I'm going to go lower than that. No, Washington, DC,
And the car going south starts heading south and it's
a stock or stocks. And then the car going north
starts heading north, and those stocks heading south just keep
(23:43):
heading south and keep heading south. But those stocks heading
north keep heading north, and keep heading north and keep
heading north. Where the stocks heading north and heading south
separate themselves by a gargantuan margin. Even though the kind
(24:09):
of sword and the same group technology, I know it
there's a wide swath attack, but let's assume it's kind
of close. Well, we're just letting you know. In technology,
we have separated the good from the bad, and man,
(24:35):
the good keep getting gooder and the bad keep getting batter.
Stocks that we had moved from our good screen to
our bad screen are not just going down. They are imploding,
(24:57):
I mean voting, and we'll leave out the names. But
there's a lot of software, there's a lot of tech
internet types, pay things. They're just crumbling. But then on
(25:28):
the other end.
Speaker 5 (25:31):
Is you have.
Speaker 2 (25:33):
Because of recent announcements, and leave no doubt recent announcements
semiconductor equipment. We mentioned the symbols t A, M A,
t KLA, C L R CX ASML, Micron, MU, Taiwan Semi, TSM.
(25:54):
They have gone just about vertical with nary a stop
in between. I think they stopped for a few days
and had a monster day again today. I'm talking four
five percent moves, three to five percent moves on those names. Yet,
(26:18):
as I look to my left, Duo Lingo down eighteen,
MSCI down fifteen, Monday, dot Com down nine, Mercado Libre
down one hundred and sixty, Nice Systems down five, Service
Now down eight. How about wix Wyx down twenty four?
(26:39):
How about HubSpot down twenty seven, Go Daddy down five,
dot You Sign down three and change s and p
Global down five, t Mobile down six, Team down ten,
Zebra Tech down six, pay Coom down nine, Reddit which
(27:00):
just recently topped down twenty seven. We're just letting you
know the good is getting gooder and the bad is
getting bludgeoned. And that's the story the semiconductor equipment, the
(27:25):
data storage and disdrive companies. And you got a few
new things showing up. Dell Computer breaks out today, Vertive,
one of the data center things breaks out today. Microsoft
is trying to move above this recent range and getting
(27:48):
going again, and Vidia edged above range. Ain't really bombing
to the upside, but trying to move out of range.
Tesla talk about the good getting good that broke out.
It's three sixty to three seventy. Uh. Three weeks later
it's four sixty. That's one hundred dollar move. So the
(28:12):
good gooder the bad batter. That's the story, amazingly. And
I have to tell you we're always big believers of
knowing your stocks. Know your stocks. How do they trade?
How do they I don't think I've ever seen the
semiconductor equipment stocks do what they're doing. But it's off
(28:36):
of that news about how much supposedly is going to spend,
which leaves me saying, as always being a skeptic, all
that spending talk better come through. I will tell you
this much. The market absolutely believes it's coming through, but
(28:59):
nex talk about the bad getting batter, big names. Meta
Facebook broke the fifty day four days ago, further below it.
The fifty day moving average is now above at around
almost seven sixty. It's seven seventeen, down seventeen bucks today
(29:19):
with a strong NAS that day, and Netflix down twenty
eight today with volume living below the fifty day. You
want to know why? You know how the right says
the left is woke because the left always protesting and
uh shutting down. Oh I'm not gonna buy for you anymore.
Buy from you anymore. There's a whole big thing about
(29:42):
a bunch of I guess Elon Musk put out something
that he is canceling his Netflix and I'm just not
gonna get into why. But everybody's following him. Supposedly a
crapload of people shut down their Netflix today. That was
the story. You can look it up. I don't want
to comment on that. I just want to talk about
the action in the market. But now the right is now?
(30:07):
Isn't the right now?
Speaker 4 (30:08):
Woke?
Speaker 2 (30:10):
You're shutting down to Netflix because somebody did something anyway? Anyway,
and again we're not making the comment what Netflix did.
Don't email us. We have our own opinions on things.
We're just talking about what the stock did and who's
(30:31):
doing what that's moving that. Also, remember we said yesterday
about the financials, well black Rock down twenty five. Today
American Express down another three, Goldman down ten, JP, Morgan down,
foeign change, Morgan Stanley down two, Wells Fargo's down three,
Blackstone down, three, regional banks rolling over. So just letting
(30:55):
you know that's going on. That's going on, and that
was a weight on the Dow today. Dow was only
a forty three, but the NASDAK ninety five and the
NASDAQ one hundred up one off of the semiconductors. The
socks up a juicy two percent one hundred and thirty
today off of those semiconductor equipment companies. That for me,
(31:23):
just rates a big wow, just rates a big wow
out of the norm. Stunning move. And we have a
few other stocks starting to show up on our screen.
And then in three weeks earnings that'll be fun. Hey
(31:44):
up next, Yeah, this, that and the other thing or
whatever else. This is the one only investor's.
Speaker 4 (31:49):
Edge you're listening to. What are you waiting for?
Speaker 1 (32:18):
One?
Speaker 2 (32:20):
Ready?
Speaker 5 (32:25):
We can't recalled Bob, don't know, but.
Speaker 2 (32:47):
Yeah, it says. The healthcare uh sector sore another day
of impressive games. Following yesterday's headline, Catalyst, Pfizer and Peers
continue to rise after Yesterdays announces an announcement of Trump
r X, a government run platform to lower drug costs
und the initiative visor reduced Medicaid prices, invest seventy billion
(33:08):
in US R and D in exchange for a three
year tariff for prev Oh I missed that part, huh okay,
but I want to get back to the jobs. So
(33:30):
I don't know it was about two weeks ago. I'm
gonna guess two weeks. For the first time in a while,
I had said to you, now, we're a little bit
worried about how the airlines and cruise lines and hotels look.
We had already been yelling and screaming about avoiding the
(33:50):
restaurants for quite a while, and, for lack of a
better world, worried. A bunch of restaurant stocks have crashed.
Fifty sixty percent is a crash, don't you think. Well,
since the cruise lines, the hotels, the airlines have done
(34:15):
nothing more than go south, some worse than others, the
restaurants have worsened amazingly so, and every now and then
you get a bounce. Wingstop was up ten today, but
it just dropped one hundred and twenty dollars. That's not
(34:37):
a good recipe. Drop one hundred and twenty rally ten.
Let's hope it continues. And then we keep getting these
job numbers. They're worsening, they're not getting better. The president's wrong.
The economy's not sizzling. If we're losing jobs now, and
(35:00):
that's a fluid number, we know that can change, and
let's hope it does. But we're just letting you know
it is really big time something to watch. It has
to be watched. The consumer is seventy percent of the economy,
(35:22):
and we know for ages. All we hear is consumer
is still spending and still spending and still spending. And
that's true. Are the airlines, cruise lines, hotels and restaurants
now telling us something and now the news is coming out.
(35:47):
Got to watch this because as we said earlier, and
we're just one plus one equals too. It is pretty simple.
People that are not losing their job, but are worried
about losing their job or sing others lose their job
(36:12):
in their industry will tend to pull back. And as
we said to you, what will they pull back on
the discretionary stuff, the stuff that is not a necessity.
They may look at a cheaper car, they may not
(36:34):
take that vacation or take less of one. And we're
seeing it. The strongest cruise line is Royal Caribbean. Strongest
stock just gone from three sixty six to three sixteen.
Before you say boom, Carnival announces earnings opens up at
(36:56):
thirty two and a half, closes at twenty nine and
a half, it's now twenty eight thirty. The hotels, they're
just topped out. Not the end of the world. Ten
percent drops a no big deal. But you know how
bear markets work. They start with tops. But then there's
(37:17):
also the restaurants. If anything's discretionary, it's going out to eat.
I've got one restaurant stock that I can say is
holding up, and that's not a bull market. The restaurant
(37:41):
stocks are getting mauled. Shakesack just went from one forty
four in change in July to ninety one dollars and
sixty cents. While we're being told the economy is sizzling.
(38:03):
Texas Roadhouse two hundred to one sixty two Chippotele, Well
that was sixty seven bucks ten months ago. It's thirty
nine today. It was fifty eight bucks in July. Speaking
of job firings, Starbucks just announced this in a ton
(38:26):
of places, and of course that's jobs. One's seventeen to
eighty four. So this is on watch. We already know
about the rails and truckers aren't strong except for a buyout,
and they deliver stuff. We also know about FedEx and ups. No,
(38:46):
I think Amazon's been kicking them in the teeth. This
all has to be watched because I got news via
financials are getting a little square and we don't want
to be in a position where there's only a few
games in town in the market that go vertical, because
(39:10):
that's an end game in the market when it narrows down.
So just letting you know. But great day today for
what's good. A horrible day today for what's bad. The
(39:31):
good got gooder, the bad got bad. And that semiconductor
land I have to say it again. All that noise
about what's going to be spent, which goes right down
to the line of semiconductor equipment, had better come through.
(39:55):
I hope it does. Happy Yam Kapor will be gone tomorrow.
We'll be back Friday. You all have a great evening.
Drive carefully when you get home. Do like we do.
It's 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 and to the peeps in Phoenix, Scottsdale, Ron Cohen
(40:18):
and the rest we dig you. Thanks for everything. Good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cault. Mom 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.