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 is Thursday the seventh. How to make sure twenty
twenty five. I hope you're having a good day. As
(00:33):
you know, we take this bad boy serious. It is
serious talk on everything that affects you. We're going to
do markets, and I have to tell you a lot
of jello was moving on the plate today because a
lot of news is going on. We're going to take
issue with a lot of things that are being say
and we're going to agree with some of the things
(00:54):
that are being said. Why because we have never had
and this is not a put down, a president that
has interfered so much with the free flow of trade
and markets as they have been. We've never had this
(01:20):
before in any way, shape or form. I am in
agreement with some things, disagreement with the many. We'll get
into that. We'll do the markets, the economy, your job,
your industry, and everything that shapes it and moves it
(01:44):
without agenda, ulterior motive, or bias. Politically, we hate them all.
They have proven us right with thirty seven trillion of debt.
This administration is up the debt gargantually. This administration has
raised the taxes of this country big time. And sorry,
(02:11):
I'm a conservative and those of you are conservatives should
be really pissed off about the tariffs. But we understand
if you do not get this radio show in your city,
we'll post it at gary k dot comalos posted on
our x feed. And if you don't follow us on
extra should we have the YouTube channel biz tv check
(02:35):
that out and if you'd like to email us just
being nice. Where do we want to start? First off,
let's do markets general first and you'll get where we're going.
Dow was down two twenty four, but that was a win.
I take it back. It was a loss and it
(02:56):
was a win. Why was it a loss? Well, at
the open we were at forty four to five, Am
I right? Forty four to five? Yeah? We were up
three hundred finished down two twenty four distribution. The good
(03:22):
news is we were at forty three seven nine nine.
Rallied back from three eighty down but still a distribution
day for the Dow, the NASDAK. Well, I will tell you,
(03:43):
the big NASDAK had its way all day. It was
down when the Dow was down three ninety, but they
ramped it into the clothes. And let me explain how
they do that, Apple, broad Coom and Video, Amazon, Netflix, Tesla.
(04:09):
That's how they do it. They are buying into the
megacaps that have the most influence over the industries, as
we have told you, And it is amazing. It is
amazing that we got to this point. I think it's amazing.
Seven stocks, seven stocks, almost thirty five percent of the
(04:34):
S and P seven stocks, sixty five percent of the
Nasdaq one hundred. So today that big did the job
all day at video, Microsoft, which was down, put off
the lows, Apple, which was up neatly off of News, Amazon, Meta,
(05:01):
which was down, Broadcom, Google, Tesla, Netflix, Uh Costco also
And why do we say that because advance declines again,
we're nineteen down twenty five excuse me, nineteen up, twenty
(05:22):
five down on the NASDAK. We have taught you throughout
the years when the advanced declines worsen and worsen while
the indicies hold up, eventually the indices will catch up
to the downside. We'll see, We'll see the advanced declines
(05:48):
on the Nasdaq versus the price of the Nasdaq and
Nasdaq one hundred are pitiful right now. And today was
another example going into the mega caps. Also the semiconductor's
other semiconductors today. So that's the story in the general sense.
(06:12):
But this is the biggest week for earnings. And I
will tell you wow, wow, wow, wild swings today in
earning supports you ready for this door dash. They opened
it up twenty I think twenty two. Then it was
only up one, finished up twelve. Duo lingo, I am
(06:35):
not making this up. At one time today was up
one hundred and twenty five, finished up forty seven. You
want to play that. Names like data Dog and draft
Kings and warb Parker opened up strong, finished down. HubSpot
(07:02):
opened up twenty something, finished down thirty Fortinette. One of
the software security stocks absolutely blasted down twenty two percent.
Guess what that did. CrowdStrike down twenty six bucks today,
(07:22):
leading software security z Scale leading software security down seventeen
bucks today. Banks and regionals now starting to act suspect
that's on top of the transports, on top of the insurance,
(07:46):
on top of the auto dealers, and on top of
the things that are getting busted up on our innings.
Because as I said to you, their brother's coffee up twelve.
How about Apple Lovin up forty six, Celsius up seven,
(08:08):
excuse me, groupon up about eleven percent. Hell of a
list on the upside, Parkhanathan up twenty eight. And I
have a whole column of stocks that gapped up in
(08:28):
the last few days, and we're going to keep a
close watch on them for either continuation good, failure bad.
Today was a rough day, mostly read recent strong gaps
in some of the bigger names. Meta was down nine today,
(08:48):
a lab was down four, today, Shopify down four. Not
a biggie Bitcoin. Maybe the correction's over. Gold may be
catching up with the miners tracing out again. Remember two
(09:11):
weeks ago we bought little gold stopped out. We may
get back in one, two, three, four, five, six, seven, eight, nine, ten, eleven, twelve, thirteen, fourteen,
fifteen weeks of training range in gold while the miners
have gone into new high ground. Pay attention to that,
(09:36):
but the most important parts of the equation right now,
let me say them again. Watching those big banks and regionals,
they're starting to give me pause as well as other financials.
Not great. Not willing to stick the fork in yet,
but not great. The advanced decline figures on the NASDAC
(09:58):
pitifold for what the advance the NASDAQ has done. And
as we have said to you, seven names of thirty
four percent of the S and P and seven names
are almost sixty five percent of the NASDAQ one hundred
and those seven names at the close today, they ramped them.
And let me explain to you today on the NASDAK
(10:20):
at three point thirty was twenty one one three six.
They rallied them up one hundred and six points in
thirty minutes. Go look at what they rallied those seven up. Next,
we're going to take some issue today with some of
the things, and you get to decide. I'm Gary, this
(10:41):
is the one only Investor's Edge. Hi, I'm Gary Kolbaum
(11:03):
hosted a nationally syndicated radio show, Investor's Edge. We're not
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The number to call is eight eight eight four two
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two two five to five five nine. That's eight eight
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Investment advisory services offer through Call Capital Management. It's time
(12:06):
to switch on the integrator units and to get the
brain cells where.
Speaker 3 (12:09):
You're listening to. Okay, it could be fun Investor's Edge,
the last bastion of quality programming with Gary called Bob.
It doesn't get better than.
Speaker 2 (12:20):
This, and on once again to Investor's Edge. So, and
this is important. This is for each and every one
of you poor, middle class, wealthy. This is for the
(12:47):
people that are on Trump's side, regardless of what he
says or does. You are about to get a tax
hike on a lot of things that you buy, depending
on what you buy. There are tariffs that went into
(13:09):
place today on many things. The backers of Trump keep
telling us, don't worry about ten to fifteen percent tariffs.
They'll be okay. We have said to you, Well, they
could be okay because at that level they can be negotiated.
The exporter could decide to negotiate with you and meet
(13:32):
you halfway. That's fact, no doubt. Could happen, no doubt.
But as a whole, companies are going to eat it.
They're going to pay the treasury, and they do it immediately.
(13:54):
By the way, it's a tax on our businesses. Get
the side if they put it onto the consumer. Walmart
has Walmart's raising prices. You're about to get a tax
sic on a lot of things. And for a lot
of people that were complaining about Biden is an inflation.
(14:14):
We'll say, we're not guaranteeing you anything. We're just letting
you know. Ten to fifteen percent is about to go on.
But not that, just that Brazil's fifty percent, notwithstanding some exemptions.
They just paused China again. You know, why they're scared.
Crap liss. Now, what's our other issues besides President Trump
(14:44):
raising taxes big taxes, By the way they have praised themselves.
They have gone on TV and said, we expect seven
trillion dollars in tariffs coming in over the next ten years.
That's seven trillion dollars out of our economy. What have
(15:06):
I complained to you about all the time to hire taxes?
Why did I tell you we could not have Kamala
Harris as president she was going to raise taxes on everything. Well,
President Trump just raised taxes on everything through tariffs. And
(15:31):
if any of you know him tempt to stop bs
in the public again out today and said we're raising
hundreds of billions of dollars coming into this country. Those
are his words, coming into this country, now being paid
by this country, being paid by this country. Apple was
(15:57):
paying just paid one point nine billion in taxes to
the Treasury. Why do you think Tim Cook just bent
the knee to Donald Trump because they don't want to
pay billions and taxes going vote and they are taxes.
(16:21):
We are not happy. Others are that any president of
the United States can shake down companies on their taxes
and pick winners and losers based on what they do
(16:45):
that is not free markets. The praise has been, well,
they're going to do all kinds of business here they
already have. Well they're gonna do more. Look what he
was enabled. Look what he was able to extract. Apple's
(17:06):
going to spend this. This company's going to spend that.
Taiwan Semi is going to build this. I don't like it.
A president should not be allowed to raise or lower taxes.
That should go through the House and the Senate and
(17:27):
then signed by the president. This is dictatorial, and I
would say it about Democrat, Republican, Independent, or Whig Party.
I am worried. Tariff's going into effect. Now we've been
(17:53):
told everybody's been wrong about the tariffs. They said it
was going to kill the economy, they said it was
going to do this. That's not true. It was the
big tariffs of Liberation Day that everybody complained about. That's
why they did the pause and knocked everything down. And
(18:14):
now they're just going into effect in a big way.
I'm worried. And let me explain the other part. You know,
we just did this big, beautiful bill that's going to
add massive amount of Debton deficits. They lied about that too.
(18:35):
You know, all you people that hate Debton deficits, but
all of a sudden don't care because it's your president. Well,
two trillion a year going forward, and that includes tariff gains.
I'm worried. I'm not talking about the markets here, I'm
(18:59):
talking about your jobs the economy, because if the tariffs
hurt the economy, that'll hurt the job market. Now. To
be fair in a year or two from now, if
(19:20):
they have brought in quart a trillion bucks and the
economies in shape, all as well, I'll be on this
show saying, excellent, we have no bias. We want great
things as outcomes. We're just tired of the bs, we're
(19:43):
tired of the lies, and we don't like uncertainty. And
they have put so much uncertainty into the system back
by their minions telling you how things are so damn great.
And of course he just went in fun an innocent
woman because he didn't like a job's number. So let
(20:09):
us call near term not very thrilled with this man.
And as you know, we have given him a plus
plus plus plus on the border, a plus plus plus
on Israel and the protection of Jewish students. We gave
him it a plus on deportation, but we think he
(20:31):
got out of hand, so we've lowered that down to
B minus. But guess what he must have heard us
so no longer, Well we'll tell you what no longer
he's doing on deportation. By the way, you deportation lover
should be upset. This is the one only investor's edge.
Speaker 3 (21:11):
You're listening to. America is talking fallowing investors edge.
Speaker 2 (21:16):
He's gotta be.
Speaker 3 (21:17):
The crowd is just on his feet here.
Speaker 4 (21:20):
He said.
Speaker 3 (21:21):
A boy with Gary called Bob.
Speaker 4 (21:23):
I'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:42):
So we were told by Stephen Miller, if you came
here illegally, you are gonna be sent away. We're gonna
start with the criminals, and if you are here illegally,
you're going back to your home country. That is what
they said. No, really, that's what they said, and they
(22:04):
were rooted on. Well, just letting you know they heard me, obviously,
because I said, it's an impossibility. You can't deport every
person that's here illegally. It would be insanity. You will
put people out of business, you will destroy the farming community.
(22:28):
You will destroy hotels that have maids and wait bus boys,
and the list goes on and on and on and on.
They're going to be exempting migrants that work on farms.
They're going to exempt hotel workers. Do you know why,
(22:54):
Because they're smart. They figured it out, they heard what
we say. I'm gonna give him credit for pivoting to
smart after being stupid. Yeah, let's just shut down all
the hotels and all the farms. So they're doing that too,
(23:17):
just letting you know. So call it a love hate
relationship between me and the president. I wish I can
get in a room with him, but I doubt he'd
listen to me. I tell him to stop the bs,
get rid of the tariffs, but he loves them. Stop
(23:41):
telling people the money's coming from elsewhere into the country.
It's a lie. And we'll see how it plays out today.
He gifted Apple here Apple, he gifted Taiwan Semiconductor and others.
(24:09):
The money flows when into Apple, a bunch of semis
that he exempted. His thought process, Well, you don't have
to pay tariffs if you make it here. Well that
should be normal. Anyhow, that's not really anything if you're
making products here there's no tariffs. But he also did
(24:29):
the other part of the equation, which is bs, if
you promise to build here, will exempt you. Well, everybody's
gonna line up and say we're gonna build here, even
though they're not, and you know they're gonna be doing
his Biden their time because they know he's gone in
(24:51):
three and a half years, and if they lose the
House or send it in midterms, there's forget about it.
So I'm not thrilled. I'm not thrilled at all. I
don't like dictatorial stuff from high We got it from
(25:13):
Biden with his stupid giveaways. Yeah, don't worry about taking
a quarter million dollar loan out, We'll forgive it. Oh
you're a donor. Oh, go ahead to Delaware and create
a fake climate change type company and we'll give you
a two billion dollar grant and do what the hell
(25:34):
you want to do with it. That was Biden, not
to mention his family. I don't want to see that
with Trump, but he's doing it winners and losers. Because
another part today was, oh, the person running Intel is Chinese?
(25:54):
Fire him? Is it a him or her? I don't
even know fire that person. Oh you came with statistics
on jobs that I don't like. You're fired. This is
all bull crap. This is dictatorial. You know, there's been
complaints about him being a dictator. We have argued against
(26:17):
that and all the other bs they claim about him.
But I am picking and telling you what is dictatorial.
Biden did it, Obama did it, except the media covered
for those two. Trump is now doing it, and who
the hell knows what's next. We'll keep you informed and
(26:41):
don't be sending me emails. We're stating facts. You want
to argue facts, you cannot argue facts. This is exactly
what went on, and people that love him push it
as well. He's the negotiator in chief in this. No,
(27:06):
you don't threaten tax policy on our good companies to
take or give and give and take. That's not a
president's job. It never has been. Tariffs have been used
in a minor league fashion, not as a big steel
mallet over the head. Who's next, everybody's everybody's the enemy,
(27:35):
everybody's the enemy. We move on back on markets. Wild No,
you know, it wasn't wild swinging, but some pretty darn
good swings. The benefactors today, whether semi's off of this
whole thing. And again, let me repeat, companies domiciled not here.
(27:58):
We're up today in this semiconductor land because they're promising,
No they're not. Do you think a Dutch company wants
to build plants here that their costs are higher than
when they do things over there. Hell no. The bottom
(28:19):
line is Apple bend the knee because they just paid
one point nine billion in taffs and it would have continued.
The rest of them are saying, don't worry, we'll do
this over here. Why because they've been twenty some odd
billion last month. That's a lot of cake. That's a
(28:40):
lot of profits. And these businesses are accountable to their
shareholders and they're bored, and these CEOs do not want
to be fired. So what do they do. They run
to the White House and video ran to the White House.
They got exempt. A crapload of this stuff is made
(29:02):
in Taiwan. How did they get exempt? Well, the smart
CEO has met many times with the President and whatever
he got out of it, he got out of it.
Can't blame him. So we're gonna be watching this, I
don't know what game of risk with tariffs and taxes,
(29:25):
and we'll see how it plays out. I hope one
day to meet the president. By the way, everything I'm
saying to I would say straight to him with respect, sir.
I hope it works out great. I would be thrilled.
(29:47):
I am rooting for him because if he wins, we win.
As we move into tomorrow, by the way, this is
the biggest weeker earnings. It starts slowing down. We'll have
a bunch more next week, but then it really slows down.
We are watching closely the big banks and regionals. They're
(30:09):
starting to get a little let's call it a little troublesome.
The advanced declines on the Nasdak are terrible. While that
holds up great and you can see it right next
to each other, they advance declines heading south the Nasdak. Well,
it's been trending a little bit here over the last
couple of weeks, but today at the close you can
(30:30):
see it in real time. In the last half hour,
they bought up Netflix, they bought up Tesla, they bought
up Apple, they bought up Broadcom, they bought up in
Video and when I mean brought up just for the
last half hour, and boom, boom boom, Nasdak went along
for the ride, while advanced declines on the NASDAK not good.
(30:50):
The new highs and new lows not good. But NASDAK
finished up seventy three, Nasdaq one hundred finished up seventy four,
while the Dow is down two twenty four. Could have
been much better, but could have been a heck of
a lot worse. Tomorrow's another day. I will tell you
this straight out. Narrower and narrower and narrower. Fewer soldiers
(31:21):
are running up the hill now, and that is something
to be watched closely, because we've done this a thousand times.
What you guys throughout the years. When that occurs, usually
you are close to some corrective work. Notice I didn't
say bear market, some corrective work up next, this, that
(31:42):
and the other thing. This is the one only investor's.
Speaker 3 (31:45):
Edge you're listening to. What are you waiting for one
(32:19):
to ready go in? We can't recalled Bob.
Speaker 2 (32:49):
And work once again to investor's edge. Speaking of bull
crap artists. In the news, and this is the little
bit of the fun part of living in Florida. In
the news, forecasters update hurricane season outlook. Here's what forecasters
(33:20):
think the rest of twoenty twenty five hurricane season is
going to look like blah blah blah blah blah blah blah.
Do you know there was like three or four years
in a row where we didn't have a hurricane some
like that, and they said those were going to be
(33:41):
the biggest hurricane seasons we've ever had, and we didn't
have one. I've been going going through this every year.
God bless these people that make these predictions, but they
base it out of nothingness. I don't know how you
(34:03):
can predict hurricanes throughout a three month period of time
when you don't know what the conditions are going to
be at any given point in time. Just so you know,
now we go into the meat of hurricane season. I
think we're in it now, but I think it really
starts in the next two or three weeks. They say
(34:26):
it's the crux of it and stuff like that. Anyway,
welcome to Florida. I have been in a bunch I
must tell you. I was not in Andrew, but when
I lived in Boca Raton, Florida, when Andrew hit and
came from east to west through South Florida south Miami,
(34:46):
we went down there to help. A day later and
we hung out with the National Guard and went around
the city down there. They took us because we were
helping out, passing out all kinds of things and all
kinds of It looked like nuclear bomb went off. That's
how bad it was. There were swaths of areas that
(35:10):
were just gone, homes just gone. Who knows where they
ended up, That's how bad it was. The One thing
that I remember when we first got there, there was
a home depot the size of a home depot leveled.
We respect the hurricanes here, ladies and gentlemen, and I'm
(35:30):
I'm the wimp. I get the hell out of here.
When one is approaching, I am gone before you can
say boo when one of those suckers are approaching. In
the news, judge orders a halt to Florida's alligator Alcatraz.
Have you read about this they put together in a
(35:54):
part of the Everglades. This they're calling the alligator Alcatraz,
And the reports are really bad conditions and this, that
and the other thing. Will a judge put who knows
how that ends up. I only can tell you what
I hear, so I'm not gonna pinionize on it on
(36:17):
what the heck is going on there, but they come
up with freaking names for freaking things. Alligator Alcatraz huh,
whoever came up with that. A little more in depth
is fifteen to twenty five percent in anything that comes
(36:38):
from Japan fifteen percent and anything that comes from Europe Canada,
I believe it's thirty five right now, fifty on Brazil
with some exemptions, and just the litany I got the
list here and again all the talk, oh you're all
wrong about tax. No, they haven't really kicked in Jesse yet, kids,
(37:00):
So stay tuned. We are going to cover it. And
as you know, I will speak to my small amount
of connections on this on things that are coming in
and what kinds of an effect there is, and we'll
talk to you about your industry on what happens there.
(37:25):
Just remember there is a damn good chance that things
you've been buying for five bucks you're going to be
paying six. I've spoke to people in the car industry
beside themselves right now. They don't know which heads are
up right now. So there's a lot of movement. And
(37:49):
as I every time I'm on TV, and I said
it yesterday to Stuart Varney, Stewart. I will be so
happy when we don't have to talk about tariffs anymore.
But unfortunately the president has a love affair with the tariffs,
and who knows. I don't know what's next. We will
(38:10):
keep a watch. I mentioned bitcoin earlier. I've been asked
about it. It looks like a lowe's being put in.
I'm watching gold again. Fifteen weeks of range I stopped
out the first time. Small position lost very little and
percentage wise lost very little. Also, if it breaks out,
(38:32):
we'll let you know. But the miners did. But the
big story is these megacap texts that have that are
really starting to take over. They had better be watched closely.
And the semiconductors off of all this moving parts news,
I have to tell you. When I heard he put
one hundred percent tariff on any semiconductor coming in here
(38:55):
from over there, one hundred percent, I thought the semis
would get trashed today. But everybody's making a call. Don't worry.
We'll build here. Please, we'll see if that comes to fruition.
In my mind, I think they're all full of crap.
(39:16):
Most all. I read a story about Micron oh two
hundred billion. They're going to spend bull crap. The free
cash flow this year was three hundred and eighty six million.
How you're spending two hundred billion. Your whole market cap
of your company in the market is one hundred and
(39:37):
twenty billion. How you're spending two hundred billion. So a
bunch of bull crap is going on to appease the
president also, and again you want to know what that
has to do with the markets. Everything, absolutely, everything to
do with the markets. Ladies and gentlemen, Well, we'll discuss
(40:01):
hurts tomorrow. They're using AI to screw you over, as
well as other rental car agencies. We'll explain. You have
a great evening. Drive carefully, I miss timed. When you
get home, do like we do. Make sure you hug
your family. Make sure you hug your children. They will
feel better. You will feel better. I promise they will
be well. Thanks for joining. Make sure you work out tonight.
(40:22):
Good night.
Speaker 1 (40:22):
This has been Investor's Edge with Garycultbom on Biz Talk.
To listen to past episodes or to get in contact
with Gary, go to garyka dot com. That's garyka dot com.
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Viz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:11):
And well once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen. Happy that you are listening.
It is Thursday the seventh. How to make sure twenty
twenty five. I hope you're having a good day. As
(00:33):
you know, we take this bad boy serious. It is
serious talk on everything that affects you. We're going to
do markets, and I have to tell you a lot
of jello was moving on the plate today because a
lot of news is going on. We're going to take
issue with a lot of things that are being say
and we're going to agree with some of the things
(00:54):
that are being said. Why because we have never had
and this is not a put down, a president that
has interfered so much with the free flow of trade
and markets as they have been. We've never had this
(01:20):
before in any way, shape or form. I am in
agreement with some things, disagreement with the many. We'll get
into that. We'll do the markets, the economy, your job,
your industry, and everything that shapes it and moves it
(01:44):
without agenda, ulterior motive, or bias. Politically, we hate them all.
They have proven us right with thirty seven trillion of debt.
This administration is up the debt gargantually. This administration has
raised the taxes of this country big time. And sorry,
(02:11):
I'm a conservative and those of you are conservatives should
be really pissed off about the tariffs. But we understand
if you do not get this radio show in your city,
we'll post it at gary k dot comalos posted on
our x feed. And if you don't follow us on
extra should we have the YouTube channel biz tv check
(02:35):
that out and if you'd like to email us just
being nice. Where do we want to start? First off,
let's do markets general first and you'll get where we're going.
Dow was down two twenty four, but that was a win.
I take it back. It was a loss and it
(02:56):
was a win. Why was it a loss? Well, at
the open we were at forty four to five, Am
I right? Forty four to five? Yeah? We were up
three hundred finished down two twenty four distribution. The good
(03:22):
news is we were at forty three seven nine nine.
Rallied back from three eighty down but still a distribution
day for the Dow, the NASDAK. Well, I will tell you,
(03:43):
the big NASDAK had its way all day. It was
down when the Dow was down three ninety, but they
ramped it into the clothes. And let me explain how
they do that, Apple, broad Coom and Video, Amazon, Netflix, Tesla.
(04:09):
That's how they do it. They are buying into the
megacaps that have the most influence over the industries, as
we have told you, And it is amazing. It is
amazing that we got to this point. I think it's amazing.
Seven stocks, seven stocks, almost thirty five percent of the
(04:34):
S and P seven stocks, sixty five percent of the
Nasdaq one hundred. So today that big did the job
all day at video, Microsoft, which was down, put off
the lows, Apple, which was up neatly off of News, Amazon, Meta,
(05:01):
which was down, Broadcom, Google, Tesla, Netflix, Uh Costco also
And why do we say that because advance declines again,
we're nineteen down twenty five excuse me, nineteen up, twenty
(05:22):
five down on the NASDAK. We have taught you throughout
the years when the advanced declines worsen and worsen while
the indicies hold up, eventually the indices will catch up
to the downside. We'll see, We'll see the advanced declines
(05:48):
on the Nasdaq versus the price of the Nasdaq and
Nasdaq one hundred are pitiful right now. And today was
another example going into the mega caps. Also the semiconductor's
other semiconductors today. So that's the story in the general sense.
(06:12):
But this is the biggest week for earnings. And I
will tell you wow, wow, wow, wild swings today in
earning supports you ready for this door dash. They opened
it up twenty I think twenty two. Then it was
only up one, finished up twelve. Duo lingo, I am
(06:35):
not making this up. At one time today was up
one hundred and twenty five, finished up forty seven. You
want to play that. Names like data Dog and draft
Kings and warb Parker opened up strong, finished down. HubSpot
(07:02):
opened up twenty something, finished down thirty Fortinette. One of
the software security stocks absolutely blasted down twenty two percent.
Guess what that did. CrowdStrike down twenty six bucks today,
(07:22):
leading software security z Scale leading software security down seventeen
bucks today. Banks and regionals now starting to act suspect
that's on top of the transports, on top of the insurance,
(07:46):
on top of the auto dealers, and on top of
the things that are getting busted up on our innings.
Because as I said to you, their brother's coffee up twelve.
How about Apple Lovin up forty six, Celsius up seven,
(08:08):
excuse me, groupon up about eleven percent. Hell of a
list on the upside, Parkhanathan up twenty eight. And I
have a whole column of stocks that gapped up in
(08:28):
the last few days, and we're going to keep a
close watch on them for either continuation good, failure bad.
Today was a rough day, mostly read recent strong gaps
in some of the bigger names. Meta was down nine today,
(08:48):
a lab was down four, today, Shopify down four. Not
a biggie Bitcoin. Maybe the correction's over. Gold may be
catching up with the miners tracing out again. Remember two
(09:11):
weeks ago we bought little gold stopped out. We may
get back in one, two, three, four, five, six, seven, eight, nine, ten, eleven, twelve, thirteen, fourteen,
fifteen weeks of training range in gold while the miners
have gone into new high ground. Pay attention to that,
(09:36):
but the most important parts of the equation right now,
let me say them again. Watching those big banks and regionals,
they're starting to give me pause as well as other financials.
Not great. Not willing to stick the fork in yet,
but not great. The advanced decline figures on the NASDAC
(09:58):
pitifold for what the advance the NASDAQ has done. And
as we have said to you, seven names of thirty
four percent of the S and P and seven names
are almost sixty five percent of the NASDAQ one hundred
and those seven names at the close today, they ramped them.
And let me explain to you today on the NASDAK
(10:20):
at three point thirty was twenty one one three six.
They rallied them up one hundred and six points in
thirty minutes. Go look at what they rallied those seven up. Next,
we're going to take some issue today with some of
the things, and you get to decide. I'm Gary, this
(10:41):
is the one only Investor's Edge. Hi, I'm Gary Kolbaum
(11:03):
hosted a nationally syndicated radio show, Investor's Edge. We're not
just handsome radio people. We manage investors' money for a living,
specializing in fee based discretionary money management. No big commissions,
just a fee on the assets that's managed. We also
provide a full range of personalized services, including retirement planning,
fixed income and educational needs, all to assist you in
(11:26):
achieving your financial goals. Understanding not all individuals have the
same needs, will carefully evaluate your personal goals to determine
a proper investment strategy. If your current approach to investing
is not getting you to where you would like to be,
call us to make an appointment for a complementary portfolio review.
The number to call is eight eight eight four two
(11:46):
two five five five nine. That's eight eight eight four
two two five to five five nine. That's eight eight
eight four two two five to five, five to nine.
Investment advisory services offer through Call Capital Management. It's time
(12:06):
to switch on the integrator units and to get the
brain cells where.
Speaker 3 (12:09):
You're listening to. Okay, it could be fun Investor's Edge,
the last bastion of quality programming with Gary called Bob.
It doesn't get better than.
Speaker 2 (12:20):
This, and on once again to Investor's Edge. So, and
this is important. This is for each and every one
of you poor, middle class, wealthy. This is for the
(12:47):
people that are on Trump's side, regardless of what he
says or does. You are about to get a tax
hike on a lot of things that you buy, depending
on what you buy. There are tariffs that went into
(13:09):
place today on many things. The backers of Trump keep
telling us, don't worry about ten to fifteen percent tariffs.
They'll be okay. We have said to you, Well, they
could be okay because at that level they can be negotiated.
The exporter could decide to negotiate with you and meet
(13:32):
you halfway. That's fact, no doubt. Could happen, no doubt.
But as a whole, companies are going to eat it.
They're going to pay the treasury, and they do it immediately.
(13:54):
By the way, it's a tax on our businesses. Get
the side if they put it onto the consumer. Walmart
has Walmart's raising prices. You're about to get a tax
sic on a lot of things. And for a lot
of people that were complaining about Biden is an inflation.
(14:14):
We'll say, we're not guaranteeing you anything. We're just letting
you know. Ten to fifteen percent is about to go on.
But not that, just that Brazil's fifty percent, notwithstanding some exemptions.
They just paused China again. You know, why they're scared.
Crap liss. Now, what's our other issues besides President Trump
(14:44):
raising taxes big taxes, By the way they have praised themselves.
They have gone on TV and said, we expect seven
trillion dollars in tariffs coming in over the next ten years.
That's seven trillion dollars out of our economy. What have
(15:06):
I complained to you about all the time to hire taxes?
Why did I tell you we could not have Kamala
Harris as president she was going to raise taxes on everything. Well,
President Trump just raised taxes on everything through tariffs. And
(15:31):
if any of you know him tempt to stop bs
in the public again out today and said we're raising
hundreds of billions of dollars coming into this country. Those
are his words, coming into this country, now being paid
by this country, being paid by this country. Apple was
(15:57):
paying just paid one point nine billion in taxes to
the Treasury. Why do you think Tim Cook just bent
the knee to Donald Trump because they don't want to
pay billions and taxes going vote and they are taxes.
(16:21):
We are not happy. Others are that any president of
the United States can shake down companies on their taxes
and pick winners and losers based on what they do
(16:45):
that is not free markets. The praise has been, well,
they're going to do all kinds of business here they
already have. Well they're gonna do more. Look what he
was enabled. Look what he was able to extract. Apple's
(17:06):
going to spend this. This company's going to spend that.
Taiwan Semi is going to build this. I don't like it.
A president should not be allowed to raise or lower taxes.
That should go through the House and the Senate and
(17:27):
then signed by the president. This is dictatorial, and I
would say it about Democrat, Republican, Independent, or Whig Party.
I am worried. Tariff's going into effect. Now we've been
(17:53):
told everybody's been wrong about the tariffs. They said it
was going to kill the economy, they said it was
going to do this. That's not true. It was the
big tariffs of Liberation Day that everybody complained about. That's
why they did the pause and knocked everything down. And
(18:14):
now they're just going into effect in a big way.
I'm worried. And let me explain the other part. You know,
we just did this big, beautiful bill that's going to
add massive amount of Debton deficits. They lied about that too.
(18:35):
You know, all you people that hate Debton deficits, but
all of a sudden don't care because it's your president. Well,
two trillion a year going forward, and that includes tariff gains.
I'm worried. I'm not talking about the markets here, I'm
(18:59):
talking about your jobs the economy, because if the tariffs
hurt the economy, that'll hurt the job market. Now. To
be fair in a year or two from now, if
(19:20):
they have brought in quart a trillion bucks and the
economies in shape, all as well, I'll be on this
show saying, excellent, we have no bias. We want great
things as outcomes. We're just tired of the bs, we're
(19:43):
tired of the lies, and we don't like uncertainty. And
they have put so much uncertainty into the system back
by their minions telling you how things are so damn great.
And of course he just went in fun an innocent
woman because he didn't like a job's number. So let
(20:09):
us call near term not very thrilled with this man.
And as you know, we have given him a plus
plus plus plus on the border, a plus plus plus
on Israel and the protection of Jewish students. We gave
him it a plus on deportation, but we think he
(20:31):
got out of hand, so we've lowered that down to
B minus. But guess what he must have heard us
so no longer, Well we'll tell you what no longer
he's doing on deportation. By the way, you deportation lover
should be upset. This is the one only investor's edge.
Speaker 3 (21:11):
You're listening to. America is talking fallowing investors edge.
Speaker 2 (21:16):
He's gotta be.
Speaker 3 (21:17):
The crowd is just on his feet here.
Speaker 4 (21:20):
He said.
Speaker 3 (21:21):
A boy with Gary called Bob.
Speaker 4 (21:23):
I'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:42):
So we were told by Stephen Miller, if you came
here illegally, you are gonna be sent away. We're gonna
start with the criminals, and if you are here illegally,
you're going back to your home country. That is what
they said. No, really, that's what they said, and they
(22:04):
were rooted on. Well, just letting you know they heard me, obviously,
because I said, it's an impossibility. You can't deport every
person that's here illegally. It would be insanity. You will
put people out of business, you will destroy the farming community.
(22:28):
You will destroy hotels that have maids and wait bus boys,
and the list goes on and on and on and on.
They're going to be exempting migrants that work on farms.
They're going to exempt hotel workers. Do you know why,
(22:54):
Because they're smart. They figured it out, they heard what
we say. I'm gonna give him credit for pivoting to
smart after being stupid. Yeah, let's just shut down all
the hotels and all the farms. So they're doing that too,
(23:17):
just letting you know. So call it a love hate
relationship between me and the president. I wish I can
get in a room with him, but I doubt he'd
listen to me. I tell him to stop the bs,
get rid of the tariffs, but he loves them. Stop
(23:41):
telling people the money's coming from elsewhere into the country.
It's a lie. And we'll see how it plays out today.
He gifted Apple here Apple, he gifted Taiwan Semiconductor and others.
(24:09):
The money flows when into Apple, a bunch of semis
that he exempted. His thought process, Well, you don't have
to pay tariffs if you make it here. Well that
should be normal. Anyhow, that's not really anything if you're
making products here there's no tariffs. But he also did
(24:29):
the other part of the equation, which is bs, if
you promise to build here, will exempt you. Well, everybody's
gonna line up and say we're gonna build here, even
though they're not, and you know they're gonna be doing
his Biden their time because they know he's gone in
(24:51):
three and a half years, and if they lose the
House or send it in midterms, there's forget about it.
So I'm not thrilled. I'm not thrilled at all. I
don't like dictatorial stuff from high We got it from
(25:13):
Biden with his stupid giveaways. Yeah, don't worry about taking
a quarter million dollar loan out, We'll forgive it. Oh
you're a donor. Oh, go ahead to Delaware and create
a fake climate change type company and we'll give you
a two billion dollar grant and do what the hell
(25:34):
you want to do with it. That was Biden, not
to mention his family. I don't want to see that
with Trump, but he's doing it winners and losers. Because
another part today was, oh, the person running Intel is Chinese?
(25:54):
Fire him? Is it a him or her? I don't
even know fire that person. Oh you came with statistics
on jobs that I don't like. You're fired. This is
all bull crap. This is dictatorial. You know, there's been
complaints about him being a dictator. We have argued against
(26:17):
that and all the other bs they claim about him.
But I am picking and telling you what is dictatorial.
Biden did it, Obama did it, except the media covered
for those two. Trump is now doing it, and who
the hell knows what's next. We'll keep you informed and
(26:41):
don't be sending me emails. We're stating facts. You want
to argue facts, you cannot argue facts. This is exactly
what went on, and people that love him push it
as well. He's the negotiator in chief in this. No,
(27:06):
you don't threaten tax policy on our good companies to
take or give and give and take. That's not a
president's job. It never has been. Tariffs have been used
in a minor league fashion, not as a big steel
mallet over the head. Who's next, everybody's everybody's the enemy,
(27:35):
everybody's the enemy. We move on back on markets. Wild No,
you know, it wasn't wild swinging, but some pretty darn
good swings. The benefactors today, whether semi's off of this
whole thing. And again, let me repeat, companies domiciled not here.
(27:58):
We're up today in this semiconductor land because they're promising,
No they're not. Do you think a Dutch company wants
to build plants here that their costs are higher than
when they do things over there. Hell no. The bottom
(28:19):
line is Apple bend the knee because they just paid
one point nine billion in taffs and it would have continued.
The rest of them are saying, don't worry, we'll do
this over here. Why because they've been twenty some odd
billion last month. That's a lot of cake. That's a
(28:40):
lot of profits. And these businesses are accountable to their
shareholders and they're bored, and these CEOs do not want
to be fired. So what do they do. They run
to the White House and video ran to the White House.
They got exempt. A crapload of this stuff is made
(29:02):
in Taiwan. How did they get exempt? Well, the smart
CEO has met many times with the President and whatever
he got out of it, he got out of it.
Can't blame him. So we're gonna be watching this, I
don't know what game of risk with tariffs and taxes,
(29:25):
and we'll see how it plays out. I hope one
day to meet the president. By the way, everything I'm
saying to I would say straight to him with respect, sir.
I hope it works out great. I would be thrilled.
(29:47):
I am rooting for him because if he wins, we win.
As we move into tomorrow, by the way, this is
the biggest weeker earnings. It starts slowing down. We'll have
a bunch more next week, but then it really slows down.
We are watching closely the big banks and regionals. They're
(30:09):
starting to get a little let's call it a little troublesome.
The advanced declines on the Nasdak are terrible. While that
holds up great and you can see it right next
to each other, they advance declines heading south the Nasdak. Well,
it's been trending a little bit here over the last
couple of weeks, but today at the close you can
(30:30):
see it in real time. In the last half hour,
they bought up Netflix, they bought up Tesla, they bought
up Apple, they bought up Broadcom, they bought up in
Video and when I mean brought up just for the
last half hour, and boom, boom boom, Nasdak went along
for the ride, while advanced declines on the NASDAK not good.
(30:50):
The new highs and new lows not good. But NASDAK
finished up seventy three, Nasdaq one hundred finished up seventy four,
while the Dow is down two twenty four. Could have
been much better, but could have been a heck of
a lot worse. Tomorrow's another day. I will tell you
this straight out. Narrower and narrower and narrower. Fewer soldiers
(31:21):
are running up the hill now, and that is something
to be watched closely, because we've done this a thousand times.
What you guys throughout the years. When that occurs, usually
you are close to some corrective work. Notice I didn't
say bear market, some corrective work up next, this, that
(31:42):
and the other thing. This is the one only investor's.
Speaker 3 (31:45):
Edge you're listening to. What are you waiting for one
(32:19):
to ready go in? We can't recalled Bob.
Speaker 2 (32:49):
And work once again to investor's edge. Speaking of bull
crap artists. In the news, and this is the little
bit of the fun part of living in Florida. In
the news, forecasters update hurricane season outlook. Here's what forecasters
(33:20):
think the rest of twoenty twenty five hurricane season is
going to look like blah blah blah blah blah blah blah.
Do you know there was like three or four years
in a row where we didn't have a hurricane some
like that, and they said those were going to be
(33:41):
the biggest hurricane seasons we've ever had, and we didn't
have one. I've been going going through this every year.
God bless these people that make these predictions, but they
base it out of nothingness. I don't know how you
(34:03):
can predict hurricanes throughout a three month period of time
when you don't know what the conditions are going to
be at any given point in time. Just so you know,
now we go into the meat of hurricane season. I
think we're in it now, but I think it really
starts in the next two or three weeks. They say
(34:26):
it's the crux of it and stuff like that. Anyway,
welcome to Florida. I have been in a bunch I
must tell you. I was not in Andrew, but when
I lived in Boca Raton, Florida, when Andrew hit and
came from east to west through South Florida south Miami,
(34:46):
we went down there to help. A day later and
we hung out with the National Guard and went around
the city down there. They took us because we were
helping out, passing out all kinds of things and all
kinds of It looked like nuclear bomb went off. That's
how bad it was. There were swaths of areas that
(35:10):
were just gone, homes just gone. Who knows where they
ended up, That's how bad it was. The One thing
that I remember when we first got there, there was
a home depot the size of a home depot leveled.
We respect the hurricanes here, ladies and gentlemen, and I'm
(35:30):
I'm the wimp. I get the hell out of here.
When one is approaching, I am gone before you can
say boo when one of those suckers are approaching. In
the news, judge orders a halt to Florida's alligator Alcatraz.
Have you read about this they put together in a
(35:54):
part of the Everglades. This they're calling the alligator Alcatraz,
And the reports are really bad conditions and this, that
and the other thing. Will a judge put who knows
how that ends up. I only can tell you what
I hear, so I'm not gonna pinionize on it on
(36:17):
what the heck is going on there, but they come
up with freaking names for freaking things. Alligator Alcatraz huh,
whoever came up with that. A little more in depth
is fifteen to twenty five percent in anything that comes
(36:38):
from Japan fifteen percent and anything that comes from Europe Canada,
I believe it's thirty five right now, fifty on Brazil
with some exemptions, and just the litany I got the
list here and again all the talk, oh you're all
wrong about tax. No, they haven't really kicked in Jesse yet, kids,
(37:00):
So stay tuned. We are going to cover it. And
as you know, I will speak to my small amount
of connections on this on things that are coming in
and what kinds of an effect there is, and we'll
talk to you about your industry on what happens there.
(37:25):
Just remember there is a damn good chance that things
you've been buying for five bucks you're going to be
paying six. I've spoke to people in the car industry
beside themselves right now. They don't know which heads are
up right now. So there's a lot of movement. And
(37:49):
as I every time I'm on TV, and I said
it yesterday to Stuart Varney, Stewart. I will be so
happy when we don't have to talk about tariffs anymore.
But unfortunately the president has a love affair with the tariffs,
and who knows. I don't know what's next. We will
(38:10):
keep a watch. I mentioned bitcoin earlier. I've been asked
about it. It looks like a lowe's being put in.
I'm watching gold again. Fifteen weeks of range I stopped
out the first time. Small position lost very little and
percentage wise lost very little. Also, if it breaks out,
(38:32):
we'll let you know. But the miners did. But the
big story is these megacap texts that have that are
really starting to take over. They had better be watched closely.
And the semiconductors off of all this moving parts news,
I have to tell you. When I heard he put
one hundred percent tariff on any semiconductor coming in here
(38:55):
from over there, one hundred percent, I thought the semis
would get trashed today. But everybody's making a call. Don't worry.
We'll build here. Please, we'll see if that comes to fruition.
In my mind, I think they're all full of crap.
(39:16):
Most all. I read a story about Micron oh two
hundred billion. They're going to spend bull crap. The free
cash flow this year was three hundred and eighty six million.
How you're spending two hundred billion. Your whole market cap
of your company in the market is one hundred and
(39:37):
twenty billion. How you're spending two hundred billion. So a
bunch of bull crap is going on to appease the
president also, and again you want to know what that
has to do with the markets. Everything, absolutely, everything to
do with the markets. Ladies and gentlemen, Well, we'll discuss
(40:01):
hurts tomorrow. They're using AI to screw you over, as
well as other rental car agencies. We'll explain. You have
a great evening. Drive carefully, I miss timed. When you
get home, do like we do. Make sure you hug
your family. Make sure you hug your children. They will
feel better. You will feel better. I promise they will
be well. Thanks for joining. Make sure you work out tonight.
(40:22):
Good night.
Speaker 1 (40:22):
This has been Investor's Edge with Garycultbom on Biz Talk.
To listen to past episodes or to get in contact
with Gary, go to garyka dot com. That's garyka dot com.
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