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 Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:11):
And WELC once again to Investor's Edge. I'm Gary kolbaumb
your host. Hey, thanks for being with us today. Glad
you here, ladies and gentlemen. Happy that you are listening.
It's Tuesday, July twenty ninth, twenty twenty five. Hope you're
having a good day. I didn't have a good day
today because I had to be up early this morning
at six am. And you know what happens when you're
worried about your alarm not going off to be it's
(00:34):
something very important early in the morning. Sleep is tough
to come by. I had one of those nights. But
you know what I did. I hung out with my
dog Winston in the middle of the night, watched Let's
See a Honeymooner's I watch that, The Death of WCW
(00:55):
an hour of that, and I think I fell asleep
at four in the morning and woke up at six. Yay.
But we're here, we're hanging and we have a few
things we're gonna be covering today. We're gonna be a
little bit different at the outset, but you'll get the point.
(01:16):
And in case you don't know, this is serious talk
on everything that affects you. Will do the markets, the economy, jobs,
your job, your industry, taxes, tariffs, debt and deficits, lies, corruption,
whatever I can think of. And if you do not
get this radio show in your city, we'll post it
(01:37):
at gary Ka dot com. We'll also post it on
our x feed, and if you don't follow us at X,
just put our name in. We'll also post it on
podcast apps. If you like to email me, just be nice.
Don't be a dufics on social media and saying that
all I care about is money because I'm a Jew, like,
I'm gonna sit there and have a conversation with you.
(01:59):
And typically if somebody in social media that doesn't is
not a person. But what was the one I had
to block yesterday? Something stranger, something or other, We're probably
not going to talk to you. We like talking to
people anyway, So right out of the box, if you
(02:21):
don't mind, I am taking my little mouse and running
over to my screen and I am going to report
to you today that Spotify was down eighty one dollars
(02:42):
to six hundred and twenty one on their earnings report,
Spotify was already down from seven eighty five and it
was about seven hundred at to start the day they
reported earnings. That doesn't matter what they reported for this segment,
but it was down eighty one bucks and gave back
(03:04):
everything going back to January Spotify, What else do I
got for you? Eli Lilly they didn't report earnings, but
was down forty five dollars today Eli Lilly, and I
must tell you, this is the first time I've even
(03:25):
seen Eli Lily down forty five dollars, so real quickly,
I'm going on my little fingerm A bob to see
why Eli Lilly was down forty five bucks. Something about
a drug. I guess the market wasn't happy with it,
but that's besides the point. Then we have Dillards they
didn't report, but that was down thirty bucks today to
(03:48):
four hundred and eighty three. Then there's PTHL that was
down twenty nine dollars and thirty one cents to a
dollar sixty five. Why do I bring this up? That's
another one of those Hong Kong stocks that have no
sales that somehow went from two up to thirty one
(04:11):
and back to a dollar sixty five in a matter
of hours. But that's not the reason I'm doing this,
And by the way, we're doing this by the seat
of our pants, as I really just want to do earnings.
VeriSign was down twenty eight dollars today to two seventy seven.
They announced the secondary and one would think that's too
much of the drop it okay, how about kin Sale Capital.
(04:36):
That's insurance down twenty two dollars today. We told you
to avoid insurance stocks in the recent weeks. Hope you listened.
United Health down twenty one dollars today to sixty one
on earnings, down forty percent year over year, and amazingly,
(04:59):
the stock had gone from six hundred and six dollars
down to two eighty one and still is down another
twenty bucks. And we'll stop with that one for a second,
because what do you hear very often from the minions
you gotta think long term. Now, if you own United
Health and it's just went from six hundred and six
(05:20):
dollars to two sixty one since April, what do you
think of that term? Remember our term, think long term
as long as what you are holding is acting well.
Long term duh, how about that for logic, so United
Health and by the way, that would be about one
hundred and thirty Dow points. By the way, with the
(05:42):
Dow only down two hundred and four points today, which
is actually pretty damn good because Boeing was down ten
and that's enough. Between Boeing and United Health, that's really
the whole Dow today. How about Arthur Gallagher another insurance stock,
down twenty one dollars. Me repeat, we told you to
avoid the shirts because it's in a bearish phase. Remember,
(06:05):
we're very good at doing what others do not do,
and that's telling you what to avoid because we have
a good eye for what's in a bearish phase. So
there's another one. How about face Facebook Meta, Well, that
was down seventeen today to seven hundred. They report tomorrow.
(06:26):
That was not earnings. I didn't see any news. Charter Communications, well,
they reported earnings three days ago. The stock was four hundred,
closed at three ten and is now two eighty earnings.
And imagine if you own Charter Communications. That was four
(06:47):
twenty two two weeks ago and it's to eighty today.
Long term United Rentals pull back seventeen bucks today, But
man that's had a good run. Royal Caribbean down seventeen
to three point thirty. I'd like to say that's bad,
but that's had a good run. And actually at one
time today was down thirty one, so I think that
actually got defended. Lithium motors. What other area do we
(07:12):
tell you avoid? The auto dealers, they've been breaking down badly,
down seventeen today, about five point six percent. That was
three fifty nine two weeks ago. It's to eighty nine today.
Think long term? Uh, what else I'm looking for earnings here?
Uh no Vo nor disc Wow down twenty two percent
(07:38):
to fifty four bucks. And if you want to think
long term, the stock was in an all time high
last June at one eight. It's fifty four bucks. Just
letting you know, h aon. Oh another insurance stock down
fifteen today to three fifty four. By the way, I'm
(07:59):
doing this, by this the pants I didn't know what
was really gonna come up on the downside. And we're
not doing this to let you know the market's in
bad shape. We're letting you know it's earning season and
there's a lot of jell moving on the plate. We're
gonna go through the ones that are up in a
little bit. Let's see, I'm gonna skip a few here.
Oh gee, even over down fifteen, but that's had a
good run. Lenox International, here's one. This one gapped up
(08:25):
from six hundred and forty to six hundred and ninety,
but closed. It's six hundred and sixty the same day.
That's earnings, and it's back to six forty now, so
hopefully you didn't buy that gap. Let's see earnings today
on the downside. That's what I'm trying to do here. Okay,
(08:45):
United Parcel Wow, down seven percent today to ninety four
and change. United Parcel was two hundred and thirty three
dollars in twenty two February. It's ninety think long term,
(09:11):
so that was another bad day for earnings. Palo Alto
Networks down ten today. That was not earnings, but it's
been a weaker stock in tech and on a kind
of icky day for tech. Came down. Oh, Brown and Brown,
what do they do? Insurance brokers? Oh, that was down
(09:33):
ten percent today to ninety one. It was one hundred
and twenty five bucks in March. It's ninety one today.
What area did we tell you to a void insurance
and I'm just going to go through a few more
eco lab What is that sanitizing cleaning and all that
crap for hotels and restaurants. That was down ten bucks
today on earnings Boeing. Interesting was it two forty today
(10:02):
to forty two on the open? Closed at two twenty
six and down ten on the day. What's funny was
is it was up early and I saw the CEO
interview proud of himself and the company that they lost
another dollar in a quarter, but they're on their way
(10:23):
back anyway. That's sold off at the end of the day. Okay, no, biggie,
let me see if I find any other earnings I
want to talk about up next, we'll do those and
then we're gonna go to the good side. We're unbiased here.
I'm Gary.
Speaker 3 (10:40):
This is the one only Investor's Edge.
Speaker 2 (11:02):
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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.
Speaker 2 (12:11):
Okay, it could be fun Investor's Edge. The last bastion
of quality programming with Gary called bomb. It doesn't get
better than this.
Speaker 3 (12:26):
Uh.
Speaker 2 (12:26):
By the way, meta Facebook was down sixteen dollars today.
I was off a little bit. Let's continue. That was
a sneeze. Let's see that's not earnings. That's not earning.
So there's a bunch of things that got hit today.
Case you don't know micro strategy We've complained to about
(12:47):
them that it's just a leverage bitcoin and that if
Bitcoin ever goes down, it may go down a lot more.
It broke the fifty day to day, but that's another story.
Norfolk Southern's being bought by Union Pacific. Interesting, but Union
Pacific was down six bucks today in Norfolk Southern was
down nine dollars today, which didn't help the transports today
(13:11):
that was down three seventy five. Just letting you know.
I don't think it's the biggest the deal carrier air
Conditioning down ten point six percent today on earnings. It's
now trading where it was a year ago. Here's one.
Johnson Control has been a very strong stock. I've actually
(13:33):
been jealous that I haven't owned it, even though it's typical,
not typical for what I delve into. Down seven and
a half percent today, given back the last seven eight
weeks against on heavy volume. I'll do a few more
Coinbase that reports in two days. FedEx is week okay, okay,
(13:57):
Just going to do a few others while I gotcha
good day for that one. How about something called excels
Biotech down seventeen percent today to thirty six dollars it's earnings.
And let me just do a couple of others that
I want to find. Few. Well, Group one Automotive got
(14:17):
hit on the earnings. Oh, PayPal down nine percent today
to seventy one dollars today. PayPal has been a very
weak stock. And if anybody's listening from PayPal, fix your website?
Anything else I need to go over. I'm just looking
at earnings reports. I don't want to do any others.
(14:39):
We know about Netflix, it was down another five bucks today.
That had a rough day on earnings when it broke
twelve to fifty. It's eleven sixty eight. Not the biggest
the deals. And ooh, how about Ryan Specialty Holdings insurance
broker down nine percent today? We tell you about insurance.
(15:01):
So imagine if you keep listening to us and we
keep telling you what to avoid, and you're always avoiding
the bear markets, how good are you gonna be? Because
we've been doing that for you forever. You do know that.
Here's root Rot Insurance down four percent today. Okay, we're
(15:24):
gonna stop with that. Let's go to the upside and
you'll see just how wild things are right now. Wait
till you hear some of the upside. Are you ready? Okay,
AutoZone did not report. I'm gonna pass that. How about
(15:44):
cyber Arc ceyb R. I actually think that's a buyout,
so we're gonna pass that one by Let me make
sure of that. I'm pretty sure I saw that somewhere,
and and you know what, Palo Alto Networks is buying
(16:04):
cyberac Arc. That's why Palo Alto was down. Look at that,
I figured that out. Cadence Design Systems up ten percent
today to three sixty six. It hit three twenty six
in November three twenty five, in January three twenty four,
in May three point thirty a few weeks ago. Boom
(16:26):
right through it today to the upside, up thirty two
dollars to three sixty six. That was earnings. How about
Comvault CVLT up eighteen percent today to one ninety three
on big volume. How about Celestica, which has been a
strong electronic contract manufacturer, up twenty eight bucks today to
(16:48):
two oh two. How about san Mina SA NM up
twenty two percent today, another electric contract manufacturer. One dang huh.
How about Simpson Manufacturing SSD up ten percent today. These
(17:09):
are all earnings and I'm not gonna go through the
earnings because some of them stink. Some of the earnings
really stink. How about Armstrong World Industries AWI, I know
that company doesn't trade a lot. Up nine percent today
(17:32):
to one eighty four. That's a new high. How about
uh CBR Group that's real estate development, investment management, real
estate and all that crap. Loan servicing eight percent to
one fifty eight to the upside. How about uh NEPHA,
get that one. I won't talk about crap. How about
(17:55):
Phenomena that's not earnings? Rambus very good earnings. Wow, that
was up six and a half bucks to seventy bucks. Dang,
that's a damn good move. By the way, it's update,
my bad, this is updating. It's actually up eight and
(18:17):
changed today. What else I got via Crane up four percent?
Waste Management. We've been telling you to avoid the waste
management companies, but waste management was up five percent. But
it's really in the midst of nothingness at this juncture.
But good move today. I must tell you that you
(18:40):
catching my drift. This is what we have to deal with.
How about Insight Pharmaceuticals Biotech up ten percent today to
seventy seven bucks. How about gene DX opens up at
one oh five, closes at ninety What do you do
(19:02):
with that one? A Corning? Great move up ten percent
today to sixty one bucks. Great move in Corning. So
we're just letting you know. We're just giving you an
example of what we deal with come earning season. It
is a game. It's a guessing game. That's why I laugh.
(19:25):
If you ever see somebody on the tube come out
and say we think the earnings at the Clothes today
are gonna be fantastic and you should buy it now.
Sicco International CECO up sixteen percent today to forty bucks. Dang,
(19:46):
I'm gonna have to go through this a second time.
So just letting you know. Wow, Wow, the moves are
just wow, both up and down. I don't know what
word to use to describe, but wow. It's a guessing game.
(20:14):
You just don't know. There's a crapload more earnings to
come this week is Meta, Microsoft, Apple, Amazon, vis A, MasterCard,
a ton more. We'll keep you up on it. We'll
let you know what areas to still avoid, what areas
(20:36):
may be topping, what areas may be bottoming. We'll do
the same for the markets and sectors and stocks, and
you name it, we'll cover it up next final numbers
of a day. This is the one only investor's edge
(21:11):
you're listening to. America is talking small investors edge.
Speaker 4 (21:16):
He's gotta be beat with the crowd. Is just on
his feet. Here, boy with Gary called Bob comes highly recommended.
You're gonna feel better if you talk to him.
Speaker 2 (21:35):
By the way, there's like eighty stocks reporting after the
close today, So I'm looking at Starbucks. Interesting, they missed
by fifteen cents but beat on revenues. Their global comps
are down two percent. That kind of stinks. A stock's
(21:56):
up three Bucks in the aftermarket. Welcome to my world.
But Visa in the Dow down eight Bucks in the
after market. That's gonna be all fifty Dow points. I'm
just going through booking holdings. That's not good. Closed almost
fifty six hundred. It's fifty four to two in the
(22:19):
after market. Anything else I want to know about? Seagate's
been strong, closed at one fifty two. It's one forty
in the after market. Again, the jello moving on the plate.
And here is what we do with all this. Listen
carefully on my screen in front of me is one
(22:45):
column today of symbols awy amkr cbr cvlt CLS. Don't
worry about the names. I'm making a point, Well Corning synopsis,
which is in sympathy waste management. And what are these
the strongest reactions? What else do I have on my screen?
(23:07):
Well movement Spotify has been a strong stock. Guess what
I did. I moved it two what I would call
the dugout. Then I ain't playing anymore, broke everything. I
don't have to think about it, worry about it anymore.
Ver sign another one breaks the fifty day to day,
but that's on a secondary offering too big obviously, that
(23:31):
gets moved. And that's how we keep moving bad to good,
good to bad. And how do we know a market
is getting in trouble or a sector is getting in trouble.
It is very simple. We follow things and we're in
recognition of something that's topping or a group that's topping
(23:55):
because there's a bunch of them or bottoming. And like
right now, let me give you some symbols ABG A,
n GP I, kmx l A d PAG. You know
what those all are? Auto dealers. They are sucking wind, Bearish,
(24:16):
I don't have to think about them. And if all
of a sudden we see Bank America, City Group, Goldman, Sachs, JP,
Morgan Morgan, Stanley, Wells Fargo, the big regionals, gag and
start rolling over. Also, we're gonna make note and then
(24:37):
we're gonna look at the semis. You know it's been strong, AMD, Broadcom,
en vidi A, Taiwan, Semi, the Ai stocks that all
I see on TV. Now they're going up forever. Oh yeah,
You'll never hear us giving targets. We'll never tell you
(24:59):
where something's gonna be six months from now. We just
hope to get the direction right and do the best
we can. But we are determined, determined to never be
in bear markets, down trends, big tops, And I doing
(25:26):
this radio show and talking to our peeps actually helps
because I get to yelp it out and we listen
back and we go over everything we do. So we're
just letting you know, dang a lot of Jellu moving
on the plate. Quervo in the aftermarket, Semiconductor close at
eighty four, I got it at ninety one. Cool, and
(25:49):
then we'll look at the rest tomorrow. You'll get Harley Davison,
Checkpoints Software Her She's you Manna that group them manage
care is a nightmare Old Dominion Freight after the closed armholdings, Carvana, eBay,
F five Networks, LAMB Research, Meta, MGM, Microsoft, Qualcom, Robinhood,
(26:17):
Western Digital, Ali, Baba, All State, Skechers, Thursday, we're gonna
get MasterCard, Roadblock, Shakeshack, Amazon, and Apple after the closed Thursday,
Holy crap omatic what we got to deal with. So
we're just giving you an idea how we go about this,
(26:38):
And it's not easy. It's work, it's visual, it's eyes,
and it's also drowning out all the stupid because whenever
we get into a bear market, Wall Street will continue
to tell you don't worry, everything's okay. Think long term.
(27:01):
And in twenty two the average growth stock drop sixty
to seventy percent in eight banks went to zero. I
just highlighted a few blowups that are down fifty sixty
percent in some important names like Ups and the like.
(27:25):
So I repeat, long term is great. Make sure what
you're holding is good long term. And it hasn't been easy.
Think about it. You had a brutal to late twenty
eighteen until J. Powell worried about the stock market and
stopped raising rates. You had COVID crash. You had Powell
go into nine trillion of printed money and zero percent
(27:49):
rates with skyrocket in the market. You had big inflation
which turned into a bear market. You had another good rally,
and then you had had the Trump crash. Garry, you
don't call it the Trump crash. It was the Trump crash,
the Trump tariff crash. Which the good news is they
(28:14):
learn I gathered that weekend they were crapping in their
pants and that's why they were doing the pause on Monday,
which they couldn't do because it was leaks. So they
did it on Wednesday. And we'll see how that plays
out over time. Shall be interesting. So the Dow is
down two four, but not a biggie. Why because United Health,
(28:40):
which is in a death drop. I shouldn't use that.
There was a guy murdered from United Health that's in
a big drop, down twenty one, and Boeing down ten,
and that's kind of been strong. That's your whole Dow today. Now.
Yet other weakness. Apple just a weak stock. Apple going
into Thursday's earnings. By the way, they announced a flip phone,
(29:03):
and supposedly it's gonna be too grand. Supposedly, are any
of you gonna buy a flip flhone, a flip a
flip phone, say flip phone ten times fast? Who's gonna
am I? I'm not buying a flip phone, are you.
I'd love to know if you would be buying a
(29:25):
flip phone anyway. Apple is just weak stuff. By the way,
it's a twenty six relative strength on a scale of
zero to one hundred on my screen. S and P
down eighteen, NASDAK down eighty, NASDAK one hundred down forty seven.
You had some reversals today and Vidia finally finished down,
but that's normal. AMD was up eight or nine, finished
(29:46):
up three eighty. Broadcom was up six or seven, finished
up too, but that's normal. I don't call that a
big deal at all. But Google start and act better.
That gapped up on earnings but failed, but we just
thought it was extended. We'll see how it goes. That's
all just a pullback and a bunch of things today.
(30:07):
But earnings wise, damn. Gotta keep your head on a swivel.
Ladies and gentlemen. What else? Interest rates plunged today? Interest
rates plunged today. That was interesting. Fed tomorrow. Ten year
(30:33):
yield looks like now there's a chance it's heading back
to four to two. Closed it four to three to
three today. We love if interest rates go down in
the real free market, not j Powell. The ten year
oil prices, as we said, was up to seventy today
(30:54):
because of this Russian news. The President Trump is threatening
them about Ukraine. I don't know how that plays out.
We don't want to see oil prices or interest rates
go high or simple as that. Gold bounced a little
bit today, but leave no doubt gold remains. Let's see one, two, three, four, five, six, seven, eight, nine, ten, eleven, twelve, thirteen, four,
(31:19):
fifteenth week of range. And by the way, we just
bought a little and stopped out very quickly gold. And
that's a little bit of this. That and the other thing.
The advanced declines on the Nasdak were terrible today. On
the New York were flat. Nasdaka advanced declines were terrible today.
(31:42):
But not a biggie. There is another area I wonder
about now though a lot of the restaurants I'd be
careful about them, not all. Just another area up next.
We'll figure it out. 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? One to ready? We can'try
coldbot Well. In the news, a piece of crap scumbag
(32:43):
murdered some people in midtown New York. Uh A security
guard dead, a colleague of Black Rock dead. And I'm
looking at this woman's resume. Wow, what a waste of
(33:03):
a great life. This woodman was named Wesley Lapatner. You
ever see the movie Ghost with Patrick Swayze and Demi Moore.
One can only hope remember when the criminal died, the
bad guy, and out of the ground come these black
(33:24):
shadows and grab them by the neck and take them
down to hell. One can only wish that was real
for people like this man who woke up and said,
I'm going to drive from Vegas and murder some people
that I don't know. Anyway, just so you know, my
(33:52):
son works in midtown Manhattan and on the same street,
but not avenue as this, And boy, oh boy, as
soon as we saw this, we're on the phone. He
was on it. He works on a different avenue than
the uh, the Black Rock. And it turns out this
(34:13):
scumbag was going after the NFL, and he went in
the wrong elevator. Scumbags are also stupid, too bad. He
shot himself. Hopefully. He bled out for ten minutes and
felt the pain. Is that being mean? Is that being mean?
(34:38):
I don't think so. He destroyed lives for no reason,
no reason whatsoever I've never understood. And that's a little
bit of the uh bad news. Today. In other news,
(35:07):
we're hearing that the President is now trying to get
China to the table. We'll see. As I said to you,
the deal with the European Union and Japan definitely less
than meets the eye, but anything to take tariffs off
of the table. The EU came out and said, just
(35:30):
so you know, the President came out and said it's
the biggest deal ever, and the EU came out and
said it's aspirational. I'm not making this up. Said the
same thing about Japan's gonna spend six hundred billion here,
five hundred and fifty billion. Japan comes out and say, no,
it'll be loans, and you're gonna pay us interest on
(35:53):
the loans. So I don't know, but let me repeat,
let me repeat, If it takes those big tariffs off
the table. I am a happy camper. I know you're
seeing people that defend Trump no matter what, giving him
(36:18):
cover on the tariffs. We will not we give him
cover on the changing of the tariffs. I heard Bill Meyer,
you know who he is, my or whatever. He's on HBO.
I don't watch him, but people watch them, and he
came out and said I was wrong. The tariffs didn't
hurt anybody. Yeah they did. Those initial tariffs would have
(36:43):
crushed the economy, was crashing the markets, not until they
change it up. This is what I hate about some
famous people that will tell you something that just isn't true,
and people take it for the gospel. Do you know
if the president put back those tariffs today but once
before the pause, they're gonna see the Dow down five
(37:05):
ten thousand points before you can blink. Do you know
Amazon stop shipping, car dealers, stop shipping, the port stop
shipping because they had no clue. The sneaker and shoe
companies were like, we're going to go out of business.
I think the tariff on Vietnam was what near like
(37:27):
one hundred percent, and we're finding out I didn't know
this that our sneakers like ninety percent of them come
from Vietnam. But again we give you know what greatness
comes from learning from your successes, but more importantly, learning
from your mistakes and changing it up. They did that.
That's the great news. I give them big credit. Over
(37:51):
the weekend, they're probably having fits. They were going to
do that pause on Monday of all the big tariffs,
but they couldn't because of the leak, So they did
it on Wednesday, and since then, slowly but surely the
tariffs go away to the will we are ten percent
or something. But even with the ten fifteen percent exemptions
(38:11):
up the Wazoo apple got a one hundred percent exemption.
You think that's small, So just letting you know, be careful,
Bill Maher, you're an idiot. You're wrong. You were right
in the first place, dummy. Those big tarifs would have
(38:32):
destroyed the economy here and around the globe. There were
huge tax and now unfortunately we're getting Oh, they're great
because it's raising dollars. I got news, fea, it's raising
dollars from us. For the most part, I will applaud
(38:58):
the president if any year from now they keep bringing
in twenty billion dollars a month from the tariffs, and
it does not affect the economy. I'll applaud them because
you knocked down the deficit a little bit. Terrific. Terrific.
And then he comes out and says, maybe we'll have
(39:20):
some world tariffs. Oh great. Anyway, you know where we stand,
big time. We stand. In other news, the yuts who
is running from mayor of New York City who once
said that the police of New York City were racist
(39:43):
and should be defunded, thanked them for how they handled
the murder in New York City yesterday. Ain't that grand.
We'll end on that note. Hopefully we helped you out
a little bit today. We'll keep working hard. You have
a great evening. Drive carefully and when you get home,
do like we do. It's quite simple. Make sure you
(40:06):
hug your family, make sure you hug your children. They
will feel better. You will feel better, I promise. And
if you're in one of these cities of one hundred
one hundred and five degree weather, just take care. Don't
be silly. It's hot until tomorrow. Have a great one, everybody,
good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbomb on biz Talk.
To listen to past episode's or To get in contact
with Gary, go to garykay dot com. That's garyka dot com.
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:11):
And WELC once again to Investor's Edge. I'm Gary kolbaumb
your host. Hey, thanks for being with us today. Glad
you here, ladies and gentlemen. Happy that you are listening.
It's Tuesday, July twenty ninth, twenty twenty five. Hope you're
having a good day. I didn't have a good day
today because I had to be up early this morning
at six am. And you know what happens when you're
worried about your alarm not going off to be it's
(00:34):
something very important early in the morning. Sleep is tough
to come by. I had one of those nights. But
you know what I did. I hung out with my
dog Winston in the middle of the night, watched Let's
See a Honeymooner's I watch that, The Death of WCW
(00:55):
an hour of that, and I think I fell asleep
at four in the morning and woke up at six. Yay.
But we're here, we're hanging and we have a few
things we're gonna be covering today. We're gonna be a
little bit different at the outset, but you'll get the point.
(01:16):
And in case you don't know, this is serious talk
on everything that affects you. Will do the markets, the economy, jobs,
your job, your industry, taxes, tariffs, debt and deficits, lies, corruption,
whatever I can think of. And if you do not
get this radio show in your city, we'll post it
(01:37):
at gary Ka dot com. We'll also post it on
our x feed, and if you don't follow us at X,
just put our name in. We'll also post it on
podcast apps. If you like to email me, just be nice.
Don't be a dufics on social media and saying that
all I care about is money because I'm a Jew, like,
I'm gonna sit there and have a conversation with you.
(01:59):
And typically if somebody in social media that doesn't is
not a person. But what was the one I had
to block yesterday? Something stranger, something or other, We're probably
not going to talk to you. We like talking to
people anyway, So right out of the box, if you
(02:21):
don't mind, I am taking my little mouse and running
over to my screen and I am going to report
to you today that Spotify was down eighty one dollars
(02:42):
to six hundred and twenty one on their earnings report,
Spotify was already down from seven eighty five and it
was about seven hundred at to start the day they
reported earnings. That doesn't matter what they reported for this segment,
but it was down eighty one bucks and gave back
(03:04):
everything going back to January Spotify, What else do I
got for you? Eli Lilly they didn't report earnings, but
was down forty five dollars today Eli Lilly, and I
must tell you, this is the first time I've even
(03:25):
seen Eli Lily down forty five dollars, so real quickly,
I'm going on my little fingerm A bob to see
why Eli Lilly was down forty five bucks. Something about
a drug. I guess the market wasn't happy with it,
but that's besides the point. Then we have Dillards they
didn't report, but that was down thirty bucks today to
(03:48):
four hundred and eighty three. Then there's PTHL that was
down twenty nine dollars and thirty one cents to a
dollar sixty five. Why do I bring this up? That's
another one of those Hong Kong stocks that have no
sales that somehow went from two up to thirty one
(04:11):
and back to a dollar sixty five in a matter
of hours. But that's not the reason I'm doing this,
And by the way, we're doing this by the seat
of our pants, as I really just want to do earnings.
VeriSign was down twenty eight dollars today to two seventy seven.
They announced the secondary and one would think that's too
much of the drop it okay, how about kin Sale Capital.
(04:36):
That's insurance down twenty two dollars today. We told you
to avoid insurance stocks in the recent weeks. Hope you listened.
United Health down twenty one dollars today to sixty one
on earnings, down forty percent year over year, and amazingly,
(04:59):
the stock had gone from six hundred and six dollars
down to two eighty one and still is down another
twenty bucks. And we'll stop with that one for a second,
because what do you hear very often from the minions
you gotta think long term. Now, if you own United
Health and it's just went from six hundred and six
(05:20):
dollars to two sixty one since April, what do you
think of that term? Remember our term, think long term
as long as what you are holding is acting well.
Long term duh, how about that for logic, so United
Health and by the way, that would be about one
hundred and thirty Dow points. By the way, with the
(05:42):
Dow only down two hundred and four points today, which
is actually pretty damn good because Boeing was down ten
and that's enough. Between Boeing and United Health, that's really
the whole Dow today. How about Arthur Gallagher another insurance stock,
down twenty one dollars. Me repeat, we told you to
avoid the shirts because it's in a bearish phase. Remember,
(06:05):
we're very good at doing what others do not do,
and that's telling you what to avoid because we have
a good eye for what's in a bearish phase. So
there's another one. How about face Facebook Meta, Well, that
was down seventeen today to seven hundred. They report tomorrow.
(06:26):
That was not earnings. I didn't see any news. Charter Communications, well,
they reported earnings three days ago. The stock was four hundred,
closed at three ten and is now two eighty earnings.
And imagine if you own Charter Communications. That was four
(06:47):
twenty two two weeks ago and it's to eighty today.
Long term United Rentals pull back seventeen bucks today, But
man that's had a good run. Royal Caribbean down seventeen
to three point thirty. I'd like to say that's bad,
but that's had a good run. And actually at one
time today was down thirty one, so I think that
actually got defended. Lithium motors. What other area do we
(07:12):
tell you avoid? The auto dealers, they've been breaking down badly,
down seventeen today, about five point six percent. That was
three fifty nine two weeks ago. It's to eighty nine today.
Think long term? Uh, what else I'm looking for earnings here?
Uh no Vo nor disc Wow down twenty two percent
(07:38):
to fifty four bucks. And if you want to think
long term, the stock was in an all time high
last June at one eight. It's fifty four bucks. Just
letting you know, h aon. Oh another insurance stock down
fifteen today to three fifty four. By the way, I'm
(07:59):
doing this, by this the pants I didn't know what
was really gonna come up on the downside. And we're
not doing this to let you know the market's in
bad shape. We're letting you know it's earning season and
there's a lot of jell moving on the plate. We're
gonna go through the ones that are up in a
little bit. Let's see, I'm gonna skip a few here.
Oh gee, even over down fifteen, but that's had a
good run. Lenox International, here's one. This one gapped up
(08:25):
from six hundred and forty to six hundred and ninety,
but closed. It's six hundred and sixty the same day.
That's earnings, and it's back to six forty now, so
hopefully you didn't buy that gap. Let's see earnings today
on the downside. That's what I'm trying to do here. Okay,
(08:45):
United Parcel Wow, down seven percent today to ninety four
and change. United Parcel was two hundred and thirty three
dollars in twenty two February. It's ninety think long term,
(09:11):
so that was another bad day for earnings. Palo Alto
Networks down ten today. That was not earnings, but it's
been a weaker stock in tech and on a kind
of icky day for tech. Came down. Oh, Brown and Brown,
what do they do? Insurance brokers? Oh, that was down
(09:33):
ten percent today to ninety one. It was one hundred
and twenty five bucks in March. It's ninety one today.
What area did we tell you to a void insurance
and I'm just going to go through a few more
eco lab What is that sanitizing cleaning and all that
crap for hotels and restaurants. That was down ten bucks
today on earnings Boeing. Interesting was it two forty today
(10:02):
to forty two on the open? Closed at two twenty
six and down ten on the day. What's funny was
is it was up early and I saw the CEO
interview proud of himself and the company that they lost
another dollar in a quarter, but they're on their way
(10:23):
back anyway. That's sold off at the end of the day. Okay, no, biggie,
let me see if I find any other earnings I
want to talk about up next, we'll do those and
then we're gonna go to the good side. We're unbiased here.
I'm Gary.
Speaker 3 (10:40):
This is the one only Investor's Edge.
Speaker 2 (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
investors' money for a living, specializing in fee based discretionary
money management. No big commissions, just a fee on the
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(11:25):
all to assist you in 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
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(11:47):
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to five five nine. That's eight eight eight four two
two five to five, five to nine. Investment advisory services
offer through Call Capital Management.
Speaker 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.
Speaker 2 (12:11):
Okay, it could be fun Investor's Edge. The last bastion
of quality programming with Gary called bomb. It doesn't get
better than this.
Speaker 3 (12:26):
Uh.
Speaker 2 (12:26):
By the way, meta Facebook was down sixteen dollars today.
I was off a little bit. Let's continue. That was
a sneeze. Let's see that's not earnings. That's not earning.
So there's a bunch of things that got hit today.
Case you don't know micro strategy We've complained to about
(12:47):
them that it's just a leverage bitcoin and that if
Bitcoin ever goes down, it may go down a lot more.
It broke the fifty day to day, but that's another story.
Norfolk Southern's being bought by Union Pacific. Interesting, but Union
Pacific was down six bucks today in Norfolk Southern was
down nine dollars today, which didn't help the transports today
(13:11):
that was down three seventy five. Just letting you know.
I don't think it's the biggest the deal carrier air
Conditioning down ten point six percent today on earnings. It's
now trading where it was a year ago. Here's one.
Johnson Control has been a very strong stock. I've actually
(13:33):
been jealous that I haven't owned it, even though it's typical,
not typical for what I delve into. Down seven and
a half percent today, given back the last seven eight
weeks against on heavy volume. I'll do a few more
Coinbase that reports in two days. FedEx is week okay, okay,
(13:57):
Just going to do a few others while I gotcha
good day for that one. How about something called excels
Biotech down seventeen percent today to thirty six dollars it's earnings.
And let me just do a couple of others that
I want to find. Few. Well, Group one Automotive got
(14:17):
hit on the earnings. Oh, PayPal down nine percent today
to seventy one dollars today. PayPal has been a very
weak stock. And if anybody's listening from PayPal, fix your website?
Anything else I need to go over. I'm just looking
at earnings reports. I don't want to do any others.
(14:39):
We know about Netflix, it was down another five bucks today.
That had a rough day on earnings when it broke
twelve to fifty. It's eleven sixty eight. Not the biggest
the deals. And ooh, how about Ryan Specialty Holdings insurance
broker down nine percent today? We tell you about insurance.
(15:01):
So imagine if you keep listening to us and we
keep telling you what to avoid, and you're always avoiding
the bear markets, how good are you gonna be? Because
we've been doing that for you forever. You do know that.
Here's root Rot Insurance down four percent today. Okay, we're
(15:24):
gonna stop with that. Let's go to the upside and
you'll see just how wild things are right now. Wait
till you hear some of the upside. Are you ready? Okay,
AutoZone did not report. I'm gonna pass that. How about
(15:44):
cyber Arc ceyb R. I actually think that's a buyout,
so we're gonna pass that one by Let me make
sure of that. I'm pretty sure I saw that somewhere,
and and you know what, Palo Alto Networks is buying
(16:04):
cyberac Arc. That's why Palo Alto was down. Look at that,
I figured that out. Cadence Design Systems up ten percent
today to three sixty six. It hit three twenty six
in November three twenty five, in January three twenty four,
in May three point thirty a few weeks ago. Boom
(16:26):
right through it today to the upside, up thirty two
dollars to three sixty six. That was earnings. How about
Comvault CVLT up eighteen percent today to one ninety three
on big volume. How about Celestica, which has been a
strong electronic contract manufacturer, up twenty eight bucks today to
(16:48):
two oh two. How about san Mina SA NM up
twenty two percent today, another electric contract manufacturer. One dang huh.
How about Simpson Manufacturing SSD up ten percent today. These
(17:09):
are all earnings and I'm not gonna go through the
earnings because some of them stink. Some of the earnings
really stink. How about Armstrong World Industries AWI, I know
that company doesn't trade a lot. Up nine percent today
(17:32):
to one eighty four. That's a new high. How about
uh CBR Group that's real estate development, investment management, real
estate and all that crap. Loan servicing eight percent to
one fifty eight to the upside. How about uh NEPHA,
get that one. I won't talk about crap. How about
(17:55):
Phenomena that's not earnings? Rambus very good earnings. Wow, that
was up six and a half bucks to seventy bucks. Dang,
that's a damn good move. By the way, it's update,
my bad, this is updating. It's actually up eight and
(18:17):
changed today. What else I got via Crane up four percent?
Waste Management. We've been telling you to avoid the waste
management companies, but waste management was up five percent. But
it's really in the midst of nothingness at this juncture.
But good move today. I must tell you that you
(18:40):
catching my drift. This is what we have to deal with.
How about Insight Pharmaceuticals Biotech up ten percent today to
seventy seven bucks. How about gene DX opens up at
one oh five, closes at ninety What do you do
(19:02):
with that one? A Corning? Great move up ten percent
today to sixty one bucks. Great move in Corning. So
we're just letting you know. We're just giving you an
example of what we deal with come earning season. It
is a game. It's a guessing game. That's why I laugh.
(19:25):
If you ever see somebody on the tube come out
and say we think the earnings at the Clothes today
are gonna be fantastic and you should buy it now.
Sicco International CECO up sixteen percent today to forty bucks. Dang,
(19:46):
I'm gonna have to go through this a second time.
So just letting you know. Wow, Wow, the moves are
just wow, both up and down. I don't know what
word to use to describe, but wow. It's a guessing game.
(20:14):
You just don't know. There's a crapload more earnings to
come this week is Meta, Microsoft, Apple, Amazon, vis A, MasterCard,
a ton more. We'll keep you up on it. We'll
let you know what areas to still avoid, what areas
(20:36):
may be topping, what areas may be bottoming. We'll do
the same for the markets and sectors and stocks, and
you name it, we'll cover it up next final numbers
of a day. This is the one only investor's edge
(21:11):
you're listening to. America is talking small investors edge.
Speaker 4 (21:16):
He's gotta be beat with the crowd. Is just on
his feet. Here, boy with Gary called Bob comes highly recommended.
You're gonna feel better if you talk to him.
Speaker 2 (21:35):
By the way, there's like eighty stocks reporting after the
close today, So I'm looking at Starbucks. Interesting, they missed
by fifteen cents but beat on revenues. Their global comps
are down two percent. That kind of stinks. A stock's
(21:56):
up three Bucks in the aftermarket. Welcome to my world.
But Visa in the Dow down eight Bucks in the
after market. That's gonna be all fifty Dow points. I'm
just going through booking holdings. That's not good. Closed almost
fifty six hundred. It's fifty four to two in the
(22:19):
after market. Anything else I want to know about? Seagate's
been strong, closed at one fifty two. It's one forty
in the after market. Again, the jello moving on the plate.
And here is what we do with all this. Listen
carefully on my screen in front of me is one
(22:45):
column today of symbols awy amkr cbr cvlt CLS. Don't
worry about the names. I'm making a point, Well Corning synopsis,
which is in sympathy waste management. And what are these
the strongest reactions? What else do I have on my screen?
(23:07):
Well movement Spotify has been a strong stock. Guess what
I did. I moved it two what I would call
the dugout. Then I ain't playing anymore, broke everything. I
don't have to think about it, worry about it anymore.
Ver sign another one breaks the fifty day to day,
but that's on a secondary offering too big obviously, that
(23:31):
gets moved. And that's how we keep moving bad to good,
good to bad. And how do we know a market
is getting in trouble or a sector is getting in trouble.
It is very simple. We follow things and we're in
recognition of something that's topping or a group that's topping
(23:55):
because there's a bunch of them or bottoming. And like
right now, let me give you some symbols ABG A,
n GP I, kmx l A d PAG. You know
what those all are? Auto dealers. They are sucking wind, Bearish,
(24:16):
I don't have to think about them. And if all
of a sudden we see Bank America, City Group, Goldman, Sachs, JP,
Morgan Morgan, Stanley, Wells Fargo, the big regionals, gag and
start rolling over. Also, we're gonna make note and then
(24:37):
we're gonna look at the semis. You know it's been strong, AMD, Broadcom,
en vidi A, Taiwan, Semi, the Ai stocks that all
I see on TV. Now they're going up forever. Oh yeah,
You'll never hear us giving targets. We'll never tell you
(24:59):
where something's gonna be six months from now. We just
hope to get the direction right and do the best
we can. But we are determined, determined to never be
in bear markets, down trends, big tops, And I doing
(25:26):
this radio show and talking to our peeps actually helps
because I get to yelp it out and we listen
back and we go over everything we do. So we're
just letting you know, dang a lot of Jellu moving
on the plate. Quervo in the aftermarket, Semiconductor close at
eighty four, I got it at ninety one. Cool, and
(25:49):
then we'll look at the rest tomorrow. You'll get Harley Davison,
Checkpoints Software Her She's you Manna that group them manage
care is a nightmare Old Dominion Freight after the closed armholdings, Carvana, eBay,
F five Networks, LAMB Research, Meta, MGM, Microsoft, Qualcom, Robinhood,
(26:17):
Western Digital, Ali, Baba, All State, Skechers, Thursday, we're gonna
get MasterCard, Roadblock, Shakeshack, Amazon, and Apple after the closed Thursday,
Holy crap omatic what we got to deal with. So
we're just giving you an idea how we go about this,
(26:38):
And it's not easy. It's work, it's visual, it's eyes,
and it's also drowning out all the stupid because whenever
we get into a bear market, Wall Street will continue
to tell you don't worry, everything's okay. Think long term.
(27:01):
And in twenty two the average growth stock drop sixty
to seventy percent in eight banks went to zero. I
just highlighted a few blowups that are down fifty sixty
percent in some important names like Ups and the like.
(27:25):
So I repeat, long term is great. Make sure what
you're holding is good long term. And it hasn't been easy.
Think about it. You had a brutal to late twenty
eighteen until J. Powell worried about the stock market and
stopped raising rates. You had COVID crash. You had Powell
go into nine trillion of printed money and zero percent
(27:49):
rates with skyrocket in the market. You had big inflation
which turned into a bear market. You had another good rally,
and then you had had the Trump crash. Garry, you
don't call it the Trump crash. It was the Trump crash,
the Trump tariff crash. Which the good news is they
(28:14):
learn I gathered that weekend they were crapping in their
pants and that's why they were doing the pause on Monday,
which they couldn't do because it was leaks. So they
did it on Wednesday. And we'll see how that plays
out over time. Shall be interesting. So the Dow is
down two four, but not a biggie. Why because United Health,
(28:40):
which is in a death drop. I shouldn't use that.
There was a guy murdered from United Health that's in
a big drop, down twenty one, and Boeing down ten,
and that's kind of been strong. That's your whole Dow today. Now.
Yet other weakness. Apple just a weak stock. Apple going
into Thursday's earnings. By the way, they announced a flip phone,
(29:03):
and supposedly it's gonna be too grand. Supposedly, are any
of you gonna buy a flip flhone, a flip a
flip phone, say flip phone ten times fast? Who's gonna
am I? I'm not buying a flip phone, are you.
I'd love to know if you would be buying a
(29:25):
flip phone anyway. Apple is just weak stuff. By the way,
it's a twenty six relative strength on a scale of
zero to one hundred on my screen. S and P
down eighteen, NASDAK down eighty, NASDAK one hundred down forty seven.
You had some reversals today and Vidia finally finished down,
but that's normal. AMD was up eight or nine, finished
(29:46):
up three eighty. Broadcom was up six or seven, finished
up too, but that's normal. I don't call that a
big deal at all. But Google start and act better.
That gapped up on earnings but failed, but we just
thought it was extended. We'll see how it goes. That's
all just a pullback and a bunch of things today.
(30:07):
But earnings wise, damn. Gotta keep your head on a swivel.
Ladies and gentlemen. What else? Interest rates plunged today? Interest
rates plunged today. That was interesting. Fed tomorrow. Ten year
(30:33):
yield looks like now there's a chance it's heading back
to four to two. Closed it four to three to
three today. We love if interest rates go down in
the real free market, not j Powell. The ten year
oil prices, as we said, was up to seventy today
(30:54):
because of this Russian news. The President Trump is threatening
them about Ukraine. I don't know how that plays out.
We don't want to see oil prices or interest rates
go high or simple as that. Gold bounced a little
bit today, but leave no doubt gold remains. Let's see one, two, three, four, five, six, seven, eight, nine, ten, eleven, twelve, thirteen, four,
(31:19):
fifteenth week of range. And by the way, we just
bought a little and stopped out very quickly gold. And
that's a little bit of this. That and the other thing.
The advanced declines on the Nasdak were terrible today. On
the New York were flat. Nasdaka advanced declines were terrible today.
(31:42):
But not a biggie. There is another area I wonder
about now though a lot of the restaurants I'd be
careful about them, not all. Just another area up next.
We'll figure it out. 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? One to ready? We can'try
coldbot Well. In the news, a piece of crap scumbag
(32:43):
murdered some people in midtown New York. Uh A security
guard dead, a colleague of Black Rock dead. And I'm
looking at this woman's resume. Wow, what a waste of
(33:03):
a great life. This woodman was named Wesley Lapatner. You
ever see the movie Ghost with Patrick Swayze and Demi Moore.
One can only hope remember when the criminal died, the
bad guy, and out of the ground come these black
(33:24):
shadows and grab them by the neck and take them
down to hell. One can only wish that was real
for people like this man who woke up and said,
I'm going to drive from Vegas and murder some people
that I don't know. Anyway, just so you know, my
(33:52):
son works in midtown Manhattan and on the same street,
but not avenue as this, And boy, oh boy, as
soon as we saw this, we're on the phone. He
was on it. He works on a different avenue than
the uh, the Black Rock. And it turns out this
(34:13):
scumbag was going after the NFL, and he went in
the wrong elevator. Scumbags are also stupid, too bad. He
shot himself. Hopefully. He bled out for ten minutes and
felt the pain. Is that being mean? Is that being mean?
(34:38):
I don't think so. He destroyed lives for no reason,
no reason whatsoever I've never understood. And that's a little
bit of the uh bad news. Today. In other news,
(35:07):
we're hearing that the President is now trying to get
China to the table. We'll see. As I said to you,
the deal with the European Union and Japan definitely less
than meets the eye, but anything to take tariffs off
of the table. The EU came out and said, just
(35:30):
so you know, the President came out and said it's
the biggest deal ever, and the EU came out and
said it's aspirational. I'm not making this up. Said the
same thing about Japan's gonna spend six hundred billion here,
five hundred and fifty billion. Japan comes out and say, no,
it'll be loans, and you're gonna pay us interest on
(35:53):
the loans. So I don't know, but let me repeat,
let me repeat, If it takes those big tariffs off
the table. I am a happy camper. I know you're
seeing people that defend Trump no matter what, giving him
(36:18):
cover on the tariffs. We will not we give him
cover on the changing of the tariffs. I heard Bill Meyer,
you know who he is, my or whatever. He's on HBO.
I don't watch him, but people watch them, and he
came out and said I was wrong. The tariffs didn't
hurt anybody. Yeah they did. Those initial tariffs would have
(36:43):
crushed the economy, was crashing the markets, not until they
change it up. This is what I hate about some
famous people that will tell you something that just isn't true,
and people take it for the gospel. Do you know
if the president put back those tariffs today but once
before the pause, they're gonna see the Dow down five
(37:05):
ten thousand points before you can blink. Do you know
Amazon stop shipping, car dealers, stop shipping, the port stop
shipping because they had no clue. The sneaker and shoe
companies were like, we're going to go out of business.
I think the tariff on Vietnam was what near like
(37:27):
one hundred percent, and we're finding out I didn't know
this that our sneakers like ninety percent of them come
from Vietnam. But again we give you know what greatness
comes from learning from your successes, but more importantly, learning
from your mistakes and changing it up. They did that.
That's the great news. I give them big credit. Over
(37:51):
the weekend, they're probably having fits. They were going to
do that pause on Monday of all the big tariffs,
but they couldn't because of the leak, So they did
it on Wednesday, and since then, slowly but surely the
tariffs go away to the will we are ten percent
or something. But even with the ten fifteen percent exemptions
(38:11):
up the Wazoo apple got a one hundred percent exemption.
You think that's small, So just letting you know, be careful,
Bill Maher, you're an idiot. You're wrong. You were right
in the first place, dummy. Those big tarifs would have
(38:32):
destroyed the economy here and around the globe. There were
huge tax and now unfortunately we're getting Oh, they're great
because it's raising dollars. I got news, fea, it's raising
dollars from us. For the most part, I will applaud
(38:58):
the president if any year from now they keep bringing
in twenty billion dollars a month from the tariffs, and
it does not affect the economy. I'll applaud them because
you knocked down the deficit a little bit. Terrific. Terrific.
And then he comes out and says, maybe we'll have
(39:20):
some world tariffs. Oh great. Anyway, you know where we stand,
big time. We stand. In other news, the yuts who
is running from mayor of New York City who once
said that the police of New York City were racist
(39:43):
and should be defunded, thanked them for how they handled
the murder in New York City yesterday. Ain't that grand.
We'll end on that note. Hopefully we helped you out
a little bit today. We'll keep working hard. You have
a great evening. Drive carefully and when you get home,
do like we do. It's quite simple. Make sure you
(40:06):
hug your family, make sure you hug your children. They
will feel better. You will feel better, I promise. And
if you're in one of these cities of one hundred
one hundred and five degree weather, just take care. Don't
be silly. It's hot until tomorrow. Have a great one, everybody,
good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbomb on biz Talk.
To listen to past episode's or To get in contact
with Gary, go to garykay dot com. That's garyka dot com.
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