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 Kalbamb
your host day. Thanks for being with us today. Glad
you're here, ladies and gentlemen. Happy that you are listening. Thursday,
September twenty fifth, twenty twenty five. Hope you're having a
good day. It's Thursday, right, okay, got it right? All right?
(00:32):
This is serious talk on everything that affects you, and
out of the box. We're gonna talk about what they're
going to tell you and con you into believing something
that's gonna affect you. We'll do markets, the economy, your job,
your industry, the morlocks in DC, scams, sham's corruption, you
(00:53):
name it. We cover it with no a gender, ulterio,
motive and bias. That's why both sides can't stand me.
If I rip the left the right, it's pissed off.
If I rip the right the left gift, it's pissed off.
But such as life, they've all let us down. Simple
as that thirty seven trillion A debt. We'll tell you that.
(01:15):
But there's something else about to happen. We'll get into
it in a minute. If you don't get this radio show
in your city, we'll post it at gary Ka dot com.
We'll also post it on our x feed, So again,
if we're not in your city, that's the place to
get it. You can also go to the YouTube channel
of biz tv other podcast apps. It's out there everywhere.
(01:40):
And of course, if you'd like to email us, just
be nice. So, ladies and gentlemen, I'm gonna let you
know the latest con job, the latest scam perpetrated by
both sides of the aisle in Washington, DC, And I
(02:02):
want you to remember something very important. Listen carefully. On purpose,
they have spent thirty seven trillion dollars more than they
were supposed to. Remember you don't, maybe you don't remember this,
but we do. They used to fight over this, especially
the Republicans. They used to fight over debt and deficits.
(02:24):
Have you ever heard the two words debt? Ceiling? What
does a ceiling denote? That's the word, right, What does
it mean a ceiling? Well, as I look up above me,
I have a ceiling above me here in my office,
and I cannot break through that ceiling unless I was
Superman or I had some sort of big drill, right,
(02:46):
A debt ceiling should mean that you cannot raise debt
higher than that ceiling. And they used to fight over it,
and then they stopped, and you know why, because they
don't give a crap about us, the taxer. And what
they did was, Oh, we're at five trillion, let's try six.
Oh we're at six trillion. Seven. Oh it's seven trillion.
(03:11):
Let's do eight. Uh ten, that's a round number. Oh
we're at ten, Go twelve. Oh we have some sort
of emergency. Let's go thirteen. And that's how you get
the thirty seven trillion. And who I blame the most
is the Republicans because they used to really fight about
(03:32):
it many moons ago. They were pissed off. They used
to fight the debt ceiling. It mattered, and then all
of a sudden it didn't. It didn't matter at a bush,
didn't matter to Trump, and didn't matter to Trump again
(03:53):
as president. Now they don't care. So guess what's supposed
to happen on Monday? The conjob a government shut down.
You see, the Democrats, the Marxist Party is gonna tell
us the government shutting down. We're letting you know not true.
(04:14):
It's a lie. They're very good at lying to you.
Essential services never shut down. Your Social Security payments will
always go to you. They're gonna try and tell you
all that's gonna happen. They're liars. How do you know
their liars they open their mouths. We want you to
(04:37):
remember that. Yeah, there'll be some things they call it
non essentials, but everything of import will keep going because
it never stops. So I just want to let you know,
while the media lies to you today tomorrow in the weekend,
(04:57):
while the Dems lie to you today tomorrow on the weekend,
there's never been a government shutdown. They say it's been
shut down. But even when we had what was another
Trump but had a pretty long one, weren't we still clicking.
Weren't the lights still on in the it's and the
stop lights working, and the police and the firemen were
(05:21):
still out there, the teachers were still teaching. We just
want you to remember, there's going to be another con
in the next few days. The media will, of course,
as usual, be the corrupt pieces of sleeves that they are,
and tell you the end of the world's at hand,
(05:44):
just letting you know just how to get that out,
because I know how things work, and unfortunately this administration
doesn't care either. What a shame. I would have really
given the president big time compliments if they just did
(06:05):
a little bit, If they would have just cut a
little bit, Doge never went anywhere. If they would have
taken that one point eight trillion of that worst president
ever Joe Biden's Inflation Reduction Act and just cut ten percent,
(06:30):
I'd be thrilled. Instead, this president is hiking taxes on
the country via tariffs instead, just letting you know, with
no agendatario motive or bias. Remember, we don't care about who,
We care about what. And one point two trillion of
(06:52):
our tax dollars is down the drain every year. That's
your hard earning tax dollars that's supposed to go to
do good things from the government. It's going towards interest.
I want you to remember that when you kiss the
butt of the party you like or the politician you like,
I want you to remember that. And it's coming from both.
(07:13):
And there's no excuses on Trump anymore because he's now
in his fifty year of presidency. I wish I could
sit down with him. Won't ever happen? Now, you never know.
I was actually invited to mar A Lago for the
first time. I'm probably gonna have a little dinner there
(07:35):
in the next couple of months. Seriously, not by Trump,
of course, but I do love Trump's golf courses without
a doubt. Anyway, Just how to start with that, because
that's gonna be the story this weekend. That's gonna be
the big story. The government's gonna shut down, and it's
(07:57):
all they'll blame the Republicans. It's always the Republicans, you
know that, right, You know, the violent Republicans, even though
they're not the violent ones. It's the other side, you know,
the racist Republicans. But we find out it's the other side. Oh,
Kamala Harris doesn't like gays. I'm not gonna select somebody
(08:18):
for vice president because he's gay. So Kamala Harris is
a homophobe. Interesting, I don't hear the media yelling that
Kamala Harris is a homophobe. Interesting. Don't you love how
they work? All right? So just wanted to start with that.
Why because it's right in front of me. Sometimes I
(08:41):
get pushed little things and I'm reading it right here,
and the title of this who will be the big
loser of the looming government shutdown? They're already putting articles
about which party is going to be the loser? Don't
you love them? Okay, we segue. Tonight is a football
(09:06):
game I have. I lost James Connor in my fantasy
football league, who, by the way, I'm leading in my
league big time. But I smartly took the backup Benson,
so he'll be starting tonight. So I want you all
to root for this guy Benson to get Now, we'll
just take one hundred yards and a touchdown. If he
gets more than that, I'll be happy. And catches, give
(09:29):
me more than five catches, I'd be a happy guy.
Notice how we go from government shutdowns to a football
game tonight. Speaking of that, I bought my two sons
tickets to the practice round of the Ryder Cup this week.
One of the greatest events I ever been to was
the Ryder Cup in Minnesota at Hazeltine a bunch of
(09:52):
years ago. I don't remember what ye maybe it was
sixteen or seventeen. One of the greatest events I've ever
been to. The crowds were insane, I expect the crowds
to be nuts tomorrow. I was thinking about flying up
and going on Saturday, but I got too many fish
to fry, so I am hanging down here in h
(10:17):
not so warm Florida. It's cooled off a bit, which
we're very happy about. All right, the market, so the
good news way off the lows. The bad news it
was on the wicked side for some names, not all.
And what we're gonna do is always we're gonna pick
(10:38):
it apart for you. That'll be up next on this
The one and 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
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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
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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.
Speaker 3 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 4 (12:09):
You're listening to.
Speaker 3 (12:11):
Okay, it could be fun Investors Edge.
Speaker 5 (12:15):
The last bastion of quality programming.
Speaker 4 (12:18):
With Gary called Bob. It doesn't get better than this.
Speaker 2 (12:28):
Okay, how about that for a first segment. By the way,
as I told you, I've got a lot of emails
on this. I am reading books by David Goggins, Navy
Seal Guy and stuff. I'm even at my age. I
(12:50):
am into inspiration and inspiring. And you know what I
read the other day that Warren Buffett made like ninety
his money after the age of sixty five. Did you
know that? I didn't. I had no idea. You know
(13:11):
what that meant to me. I turned sixty five October first,
and by the way, I look thirty. I have full
head of hair starting to gray. But this morning did
fifteen sets of chest and buys. I'll double up a
(13:32):
little bit tonight, but I still need inspiration. Go get
these books by David Goggins. I mean, and you know
what I do with them. I hope you don't mind
me telling these things. I take out my highlighter and
I just write, I highlight. You ever read these inspiring
books and one sentence get you all hyped up? One
(13:57):
paragraph makes you feel that's what this guy does. This
is what this guy does. And I've been trying to
say to myself, go ah, man, I'm sixty five, what
do I want to do? I mean, should I retire
and go on one hundred day cruise? By the way,
they have these hundred day cruises which are pretty damn good?
(14:21):
What should I do? And then I read about Warren
Buffett and by the way, I know we're talking money,
but that's not everything. But he built, he built, even
at the age of sixty five. And then you know
what I read the other day, A guy at ninety three,
not kidding, he now has like the world record of rowing,
you know, one of those rowing machines. And he started
(14:43):
at the age of eighty five, and he has the
air oxygen intake of like a forty year old. And
I'm reading all these things, I'm thinking to myself, you know,
I'm gonna treat myself like I'm twenty three. Just letting
you know anyway, David Goggins books, I don't even know
(15:06):
which one came first, but I think Can't Hurt Me
came first, and then something called Never Finished I have
yet to read Can't Hurt Me. I'm on Never Finished,
and man, the first few chapters. Dang, maybe I'm not
going to retire so quickly, all right, the best way
(15:33):
I can put it. Let's see, was it last Tuesday?
Last Tuesday, the NASDAQ hit twenty two five eight and
closed a twenty two two six one. It rallied up
two hundred and three points into the close, to only
be down that day twenty two three three three, down seventy.
(16:00):
Today the NASDAK hit twenty two one eight five and
close the twenty two three eight four was down three
hundred and thirteen and finished only down one hundred and thirteen.
We're just letting you know. If we can, I can
(16:22):
go back. How about this one September second The NASDAK
closed the twenty one four five five. The day before
hit a low of twenty one oh three three, down
four hundred and twenty two points, but finished at twenty
one two seventy nine, so rallied up two hundred and
(16:43):
forty six points. Still a down day, but you had.
When you draw on these charts, you draw these vertical lines,
but then if you finish at the upper end, you
draw a little horizontal at the upper end. Today was
another one of these upper end NASDAC days. By the way,
(17:04):
you had another one of those on August twentieth. You
had a midpoint on September fifth. So if we continue
to have these down three hundred Nasdaq and finish only
down one hundred, I mean down one hundred, it's not great.
But if the next three days the nasdak's up two hundred,
(17:25):
erases everything. So we're just letting you know. The Nasdaq
was down one thirteen, but dang, it could have been
a lot worse. You had Nvidia down three, then it
was up three, finished finished up less than one, but
still upper chamber they call it. And as I go
(17:46):
through screens today of individual names, just finding a lot
of the little vertical line that's price, and then the
little horizontal line which is the closing price in the
upper end of the ranges. That's not bad news. Does
(18:06):
not mean a ton to the next day, but it
means something. And to keep the up trend in TAC
like to see more of that. Intel. Well, we told
yesterday that one of the congressmen bought Intel before everything.
We're not accusing them of anything. Of course, Intel was
(18:27):
up another nine percent today. You had soft Bank take
a position and Nvidia take a position, the government take
a position in this company that has absolutely sucked versus
other semiconductor stocks. In fact, before all this noise, Intel
hit a high of seventy six bucks in two thousand
(18:51):
and was a low of eighteen as of July. It's
now thirty four. Welcome to the government rules, and I
don't know what comes of it. All I can tell
you is I don't want the government in our private companies.
(19:17):
And any conservative, worst of their soul, should be agreeing
with me. And if Joe Biden was doing it, conservatives
be crapping in their pants. Well should not matter who's
doing it, you should be matter that it's being done.
We'll see how it plays out anyway. Just let you
know Intel stock is very strong. Dow is down one
(19:42):
seventy three today. I will tell you that the Dow
at the Loew's today not bad forty five seven eighty
five six. It was down three point thirty strong in
the Dow today was IBM up fourteen? You know what?
They announced something about quantum. Remember what we told you
companies are going to be just announcing AI and quantum,
(20:05):
quantum and AI. And we're not ripping on IBM for
announcing this. We're just letting you know. And we have
to start gauging how important the announcements are, because sometimes
the announcements are not that meaningful and they're being announced
to goose the stocks. So I have to look over
(20:25):
tonight what IBM said and the most important part of
the equation. Will it add to earnings or is it
just another announcement? I doubt we'll know in a day.
Up next what else in the markets? What else that's
(20:45):
up next time? Just the one only Investors.
Speaker 3 (20:47):
Edge you're listening to America is talking small Investors Edge.
Speaker 1 (21:16):
He's got the crowd is just on his feet.
Speaker 5 (21:19):
Here a boy with Gary called Bob come Highly recommended
you're gonna feel better if you talk to him.
Speaker 2 (21:31):
Okay, let's just go tit for tat on what's happened
in the markets. We remain avoids on payroll companies a
DP and paychecks bearish market. A lot of the auto
(21:52):
dealers and carmacks today blew up to new yearly lows
on their numbers. The changes like ICE and the CBOE
and the CME and NASDAC. They trade avoids most of
the food and beveraging and probably had the tobacco in there. Also.
(22:16):
That's the consumer staples, household products also like the Procter
and Gambles bearish markets, bearish trends, down trends, whatever you
want to call it. And boy oh boy, the alcohol
(22:36):
stocks absolutely bludgeoned. And this is a good news, bad news,
bad news if you own the stocks. Good news that
people are drinking less alcohol. As we have told you here.
If I have five drinks a year, it's a big year. Seriously,
(23:03):
I think I'm at three this year. Let me think,
what do we I think I'm probably around three this year.
Let's see I had that great martini at Nobu. Yeah,
I think about three. I just think it's overrated. And
(23:24):
by the way, if you're in New York City now
they charge you like twenty two bucks for a martini
that cost them eight cents. Is one place that charges
thirty bucks. Get out of here anyway. Good to see
and great to see that young adults are not into
(23:46):
it overrated. Just letting you know what else remain avoids.
The restaurants. The restaurant stocks are in a bearish phase,
bear more market, down trend, whatever you want to call them.
We've recently said to you that I guess the word
(24:08):
is downgrade, and said we'd be worried about the travel stocks, airlines,
cruise lines, hotels, and guess what they've been coming in.
Nothing as far as disasters, but a lot of tops
in place, and we'll see if it worsens. Whenever something
tops and we call it top, we never know if
(24:30):
it's going to turn into something no biggie, somewhat biggie biggie,
or brutal destruction. We just know when something's basically topped
or avoids because they're trading below the fifty day moving
average and they keep riding it down and in the red.
(24:52):
Chipotle in the restaurants sixty seven to thirty nine Starbucks
team to eighty three. By the way, Starbucks, we told
you announce they're gonna close a bunch of stores, a
bunch of I guess restaurants, And that's a smart move.
Do you know why they have too many? Do you know?
(25:14):
In New York City you can just walk one block
and there's another Starbucks, and then another block and another Starbucks.
You know what I do like about Starbucks right now,
they've been fixing the interiors. You know what I don't like.
The CEO says price doesn't matter. We're gonna keep charging. Okay,
see how that goes in a price conscious environment. Big Biotech,
(25:36):
I just think they're avoids the garbage collectors, the waste
management avoids a lot of the insurance stocks. Plain Old
avoids a decent amount of economically sensitive stocks WW Granger
(26:04):
Tools and lighting and plumbing bear market, but not all
because United Rentals has been strong, Caterpillar has been strong.
Anything below the fifty to How about this? Medical products
and research companies Bearish, Intuitive, Surgical past Lead are just
(26:26):
absolutely destroyed. A lot of the healthcare, a lot of it,
and managed care. United Health has been better, but the
others stinking up the joint. So there's plenty of areas
(26:48):
of avoids, rails and truckers, most of them avoids, though
there's a merger within the Union Pacific and Norfolk Southern.
But the banks remain fine. The semiconductors remain fine growth leaders.
(27:08):
While a bunch of them have pulled back some harshly
in the past two or three days, that's only because
they got extended. If I had to complain, we've been
telling you about the no sales stuff they've come in,
but only because they went vertical. Also, we would avoid
(27:29):
the crypto in spite of what they tell you that
a bitcoin's going to thirteen million. The only time we
would tell you to look at crypto it would have
to get back above the all important fifty day moving average,
and right now both bitcoin is trading below, and I
will tell you sixty one to thirty one. If ib
(27:55):
breaks below sixty one thirty one, it would worsen things.
Eighty four eighty four point seventy eight on the is GBTC,
which is another bitcoin, ETF and then ethereum. If I
had a dime for every person in the last four weeks,
that was screaming skyrocket time. Well, it's down twenty percent
(28:20):
from the recent high and broke the fifty day today
gap down on Monday. We would just avoid when would
we come off of voids. They'd have to get back
above the fifty day. That does not mean that they
start a new up leg. They just can't be in
a down leg if they're above it. So we're just
(28:42):
letting you know there are voids right now. We're not
telling you to sell. We're just letting you know if
you're looking at them, there's no reason to touch right now.
And then there's the micro strategy, which we have warned
you about. Down another twenty three bucks today, breaking support
levels much weaker than the actual bitcoin now. And again
(29:04):
our worries were one fold. You're borrowing money and issuing stocks.
Just buy more and more bitcoin that in the last
bear market drops seventy five percent. Really, that has no
sales or earnings, products or services. Really, Okay, we'll see
(29:26):
how it plays out. Well, bearish phase for micro strategy
right now, If that changes, we will let you know.
But IW so a bunch of avoids, and if anything
gets better, we'll tell you. If anything worsens, we'll tell you.
(29:50):
But there's still areas that are acting just fine, or
we wouldn't just be off the highs. Russell two thousand
just broke out, but it's a little bit below the highs. Again.
We took a small position, and that's why it's coming down.
Remember we got stopped out twice last year when to
try to break out twice. Well, we just bought a
(30:13):
little bit. And I know we're down a percent. Not
the end of the world yet and not a big
piece for an ETF. And that's a little bit of this,
that and the other thing in the markets. Oh, we
forgot one Apple. It was up four bucks today in
(30:36):
a crappy Nasdaq had two very strong days, two small pullbacks,
and then boom. Today. Looks like it may get those
old highs. It's only four bucks away from the old highs.
We just bought Apple recently and we sold. We made
twenty cents. We will get back in if need be.
(30:56):
Talk of better sales, but forget that action quite compelling today.
We were hoping they were going to pull it back further.
They didn't. On the other end, strong Oracle down another seventeen.
(31:17):
Somebody put a cell rating on it. Have you ever
seen a cell rating not so sure, I've seen any
analyst cell ratings every now and then that broke below
the big three hundred dollars level. Not thrilling, not great,
little up, little down up next? What else we got,
(31:42):
We'll figure it out on Investor's.
Speaker 4 (31:45):
Editor, you're listening to what are you waiting for?
Speaker 2 (32:18):
One to ready go?
Speaker 4 (32:25):
We can't recalled bot.
Speaker 2 (32:39):
Dona na well as you know, and maybe we'll pat
ourselves on the back a little bit. Uh they are
reporting today, Uh what we've been telling you for three months?
(33:03):
What have we been telling you for three months, especially
about Florida because we live here, that the housing markets
continues to soften, and that fantasy prices are coming down
sometimes very very big. I just saw a house that
went up for one seven five and within two weeks
(33:25):
was one five to five and it's still ain't going
to sell. There are houses going up one hundred percent
higher than where they were three years ago, and that
ain't gonna work. And I'm watching we go on zillowanilter
dot com and we've been telling you for many times,
(33:46):
and not just Florida but other areas that days to
sell is expanding big time, prices coming down and a
lot of pending sales, going, not pending, and not sold.
We've been telling you this for a while. Now let
(34:09):
me read for you. All four of Florida, Florida's major
metro areas have shifted into a buyer's market territory. G Thanks,
we had no idea. The COVID nineteen pandemics sent the
housing market into a frenzy, and no state was affected
more than Florida. The housing boom saw a rapid price increases,
(34:33):
mass migration to the state, which by the way, continues
today high demand and low inventory. People from across the
US poured into the state to enjoy the sunshine, space,
low taxes, suburban lifestyle, and the fact that Gary Kolbaum
lives there. Now, just that's not in there, by the way, Now,
just five years later, the market has fully shifted thanks
(34:55):
to over development, rising insurance and homeowners association fees, and
economic uncertainty under President Trump. That's not the reason homes
are no longer selling in the state. Miami, Orlando, Jacksonville,
and Tampa are those The big four are all officially
buyer's markets. A buyer's market occurs when there are more
homes for sale than buyers. This gives buyers leverage. They
(35:19):
can negotiate lower prices, ask for concessions, and take their
time finding the right property. By contrast, a seller's market
has more buyers than available homes, meaning, how whatever, it's
actually worse than this saying just let you know, we
(35:39):
have stated to you we do not think we're in
an eight type scenario. We do not think that, but
we think Fantasyland is going to continue to unfantasize. And
(36:02):
people are recognizing and let me explain how things work.
It's very simple. The more supply, the tougher to sell.
The more supply, and the realtors for these sellers see it.
The realtor has to go to the cellar and say, hey,
there's now nine houses in the neighborhood up for sale,
(36:26):
and you're all pretty much at the same price. And
by the way, for those houses are nicer than yours,
you're gonna need to lower prices to move it or
take it off the market. Oh, I'm gonna lower the price. Well,
those other eight houses all of a sudden, see there's
a lower price now, and it's gonna be tougher for
(36:49):
them to sell in that same neighborhood. So what do
they do, They start thinking about lowering their prices to
meet that next one first one, excuse me. And that's
how the process goes, simple as that. And the realtor's
job at that point in time is to recognize it
(37:11):
and let the sellers know what's going on. And as
I said to you, right here near I live there,
somebody put up something for one point seventy five that
I believe sold four years ago for like one two.
After two weeks, all of a sudden, it's one five five.
Why would they do that? Because they put it up
(37:33):
for sale. Nobody sold on the same street was a
house in better condition up for one four five. That's
how it rolls. So just letting you know, that's the
scenario going on right now. It's not just Florida. You
(37:54):
can go read about Vegas, areas in Texas. I'm here
in Arizona, all the peeps there and beautiful Phoenix, Scottsdale,
those areas, and it's just we're coming down from fantasyland
to what point. We don't know. We'll give you an
idea as we move forward, but right now there is
a process going on. Now. Let me give you though,
(38:16):
I can tell you great houses that stand out are selling,
but most houses are in the same line as others.
I can tell you in an area, I saw a
house that I went up for three to two that
(38:37):
I said, no way, it's going to go for three
to two. It's an old friends of mine house. But
the house is gorgeous, a fantastic pool area. You would
think you're in Hawaii at one of their pool areas.
It's gorgeous. Sold within a week because it was that
damn good. So it really depends on does it really
(39:00):
stand out? And I'm using a three million dollar house.
You could have a seven hundred thousand dollars house, a
five hundred thousand that really stands out too. How you
took care of it? Is it really nice, good landscaping,
good paint, the insides, and you get my point. I
(39:22):
could gary the real to here helping you out with
the real estate. Huh. Anyway, as you can tell, we
study a lot of this stuff for you as well
as for us. So that's the Florida thing right now.
Let's see Texas by comparison Texas. Yeah, same thing, same thing.
(39:48):
In February twenty three, Florida record the steepest inventory growth
in the country one hundred and forty three percent Texas
one oh nine inventory. That'll do the trick all right.
Tomorrow Friday hopefully a better market day. We don't like
down days. You'll have a great evening. Drive carefully when
you get home. Do like we do. It's simple. Make
sure you hug your family. Make sure you hug your children.
(40:10):
They will feel better. You will feel better. I promise,
stay well, be well, and don't forget. If not in
your city, garyka dot com, peace out, all good night.
Speaker 1 (40:22):
This has been Investor's Edge with Garycultbomb 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 Kalbamb
your host day. Thanks for being with us today. Glad
you're here, ladies and gentlemen. Happy that you are listening. Thursday,
September twenty fifth, twenty twenty five. Hope you're having a
good day. It's Thursday, right, okay, got it right? All right?
(00:32):
This is serious talk on everything that affects you, and
out of the box. We're gonna talk about what they're
going to tell you and con you into believing something
that's gonna affect you. We'll do markets, the economy, your job,
your industry, the morlocks in DC, scams, sham's corruption, you
(00:53):
name it. We cover it with no a gender, ulterio,
motive and bias. That's why both sides can't stand me.
If I rip the left the right, it's pissed off.
If I rip the right the left gift, it's pissed off.
But such as life, they've all let us down. Simple
as that thirty seven trillion A debt. We'll tell you that.
(01:15):
But there's something else about to happen. We'll get into
it in a minute. If you don't get this radio show
in your city, we'll post it at gary Ka dot com.
We'll also post it on our x feed, So again,
if we're not in your city, that's the place to
get it. You can also go to the YouTube channel
of biz tv other podcast apps. It's out there everywhere.
(01:40):
And of course, if you'd like to email us, just
be nice. So, ladies and gentlemen, I'm gonna let you
know the latest con job, the latest scam perpetrated by
both sides of the aisle in Washington, DC, And I
(02:02):
want you to remember something very important. Listen carefully. On purpose,
they have spent thirty seven trillion dollars more than they
were supposed to. Remember you don't, maybe you don't remember this,
but we do. They used to fight over this, especially
the Republicans. They used to fight over debt and deficits.
(02:24):
Have you ever heard the two words debt? Ceiling? What
does a ceiling denote? That's the word, right, What does
it mean a ceiling? Well, as I look up above me,
I have a ceiling above me here in my office,
and I cannot break through that ceiling unless I was
Superman or I had some sort of big drill, right,
(02:46):
A debt ceiling should mean that you cannot raise debt
higher than that ceiling. And they used to fight over it,
and then they stopped, and you know why, because they
don't give a crap about us, the taxer. And what
they did was, Oh, we're at five trillion, let's try six.
Oh we're at six trillion. Seven. Oh it's seven trillion.
(03:11):
Let's do eight. Uh ten, that's a round number. Oh
we're at ten, Go twelve. Oh we have some sort
of emergency. Let's go thirteen. And that's how you get
the thirty seven trillion. And who I blame the most
is the Republicans because they used to really fight about
(03:32):
it many moons ago. They were pissed off. They used
to fight the debt ceiling. It mattered, and then all
of a sudden it didn't. It didn't matter at a bush,
didn't matter to Trump, and didn't matter to Trump again
(03:53):
as president. Now they don't care. So guess what's supposed
to happen on Monday? The conjob a government shut down.
You see, the Democrats, the Marxist Party is gonna tell
us the government shutting down. We're letting you know not true.
(04:14):
It's a lie. They're very good at lying to you.
Essential services never shut down. Your Social Security payments will
always go to you. They're gonna try and tell you
all that's gonna happen. They're liars. How do you know
their liars they open their mouths. We want you to
(04:37):
remember that. Yeah, there'll be some things they call it
non essentials, but everything of import will keep going because
it never stops. So I just want to let you know,
while the media lies to you today tomorrow in the weekend,
(04:57):
while the Dems lie to you today tomorrow on the weekend,
there's never been a government shutdown. They say it's been
shut down. But even when we had what was another
Trump but had a pretty long one, weren't we still clicking.
Weren't the lights still on in the it's and the
stop lights working, and the police and the firemen were
(05:21):
still out there, the teachers were still teaching. We just
want you to remember, there's going to be another con
in the next few days. The media will, of course,
as usual, be the corrupt pieces of sleeves that they are,
and tell you the end of the world's at hand,
(05:44):
just letting you know just how to get that out,
because I know how things work, and unfortunately this administration
doesn't care either. What a shame. I would have really
given the president big time compliments if they just did
(06:05):
a little bit, If they would have just cut a
little bit, Doge never went anywhere. If they would have
taken that one point eight trillion of that worst president
ever Joe Biden's Inflation Reduction Act and just cut ten percent,
(06:30):
I'd be thrilled. Instead, this president is hiking taxes on
the country via tariffs instead, just letting you know, with
no agendatario motive or bias. Remember, we don't care about who,
We care about what. And one point two trillion of
(06:52):
our tax dollars is down the drain every year. That's
your hard earning tax dollars that's supposed to go to
do good things from the government. It's going towards interest.
I want you to remember that when you kiss the
butt of the party you like or the politician you like,
I want you to remember that. And it's coming from both.
(07:13):
And there's no excuses on Trump anymore because he's now
in his fifty year of presidency. I wish I could
sit down with him. Won't ever happen? Now, you never know.
I was actually invited to mar A Lago for the
first time. I'm probably gonna have a little dinner there
(07:35):
in the next couple of months. Seriously, not by Trump,
of course, but I do love Trump's golf courses without
a doubt. Anyway, Just how to start with that, because
that's gonna be the story this weekend. That's gonna be
the big story. The government's gonna shut down, and it's
(07:57):
all they'll blame the Republicans. It's always the Republicans, you
know that, right, You know, the violent Republicans, even though
they're not the violent ones. It's the other side, you know,
the racist Republicans. But we find out it's the other side. Oh,
Kamala Harris doesn't like gays. I'm not gonna select somebody
(08:18):
for vice president because he's gay. So Kamala Harris is
a homophobe. Interesting, I don't hear the media yelling that
Kamala Harris is a homophobe. Interesting. Don't you love how
they work? All right? So just wanted to start with that.
Why because it's right in front of me. Sometimes I
(08:41):
get pushed little things and I'm reading it right here,
and the title of this who will be the big
loser of the looming government shutdown? They're already putting articles
about which party is going to be the loser? Don't
you love them? Okay, we segue. Tonight is a football
(09:06):
game I have. I lost James Connor in my fantasy
football league, who, by the way, I'm leading in my
league big time. But I smartly took the backup Benson,
so he'll be starting tonight. So I want you all
to root for this guy Benson to get Now, we'll
just take one hundred yards and a touchdown. If he
gets more than that, I'll be happy. And catches, give
(09:29):
me more than five catches, I'd be a happy guy.
Notice how we go from government shutdowns to a football
game tonight. Speaking of that, I bought my two sons
tickets to the practice round of the Ryder Cup this week.
One of the greatest events I ever been to was
the Ryder Cup in Minnesota at Hazeltine a bunch of
(09:52):
years ago. I don't remember what ye maybe it was
sixteen or seventeen. One of the greatest events I've ever
been to. The crowds were insane, I expect the crowds
to be nuts tomorrow. I was thinking about flying up
and going on Saturday, but I got too many fish
to fry, so I am hanging down here in h
(10:17):
not so warm Florida. It's cooled off a bit, which
we're very happy about. All right, the market, so the
good news way off the lows. The bad news it
was on the wicked side for some names, not all.
And what we're gonna do is always we're gonna pick
(10:38):
it apart for you. That'll be up next on this
The one and 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.
Speaker 3 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 4 (12:09):
You're listening to.
Speaker 3 (12:11):
Okay, it could be fun Investors Edge.
Speaker 5 (12:15):
The last bastion of quality programming.
Speaker 4 (12:18):
With Gary called Bob. It doesn't get better than this.
Speaker 2 (12:28):
Okay, how about that for a first segment. By the way,
as I told you, I've got a lot of emails
on this. I am reading books by David Goggins, Navy
Seal Guy and stuff. I'm even at my age. I
(12:50):
am into inspiration and inspiring. And you know what I
read the other day that Warren Buffett made like ninety
his money after the age of sixty five. Did you
know that? I didn't. I had no idea. You know
(13:11):
what that meant to me. I turned sixty five October first,
and by the way, I look thirty. I have full
head of hair starting to gray. But this morning did
fifteen sets of chest and buys. I'll double up a
(13:32):
little bit tonight, but I still need inspiration. Go get
these books by David Goggins. I mean, and you know
what I do with them. I hope you don't mind
me telling these things. I take out my highlighter and
I just write, I highlight. You ever read these inspiring
books and one sentence get you all hyped up? One
(13:57):
paragraph makes you feel that's what this guy does. This
is what this guy does. And I've been trying to
say to myself, go ah, man, I'm sixty five, what
do I want to do? I mean, should I retire
and go on one hundred day cruise? By the way,
they have these hundred day cruises which are pretty damn good?
(14:21):
What should I do? And then I read about Warren
Buffett and by the way, I know we're talking money,
but that's not everything. But he built, he built, even
at the age of sixty five. And then you know
what I read the other day, A guy at ninety three,
not kidding, he now has like the world record of rowing,
you know, one of those rowing machines. And he started
(14:43):
at the age of eighty five, and he has the
air oxygen intake of like a forty year old. And
I'm reading all these things, I'm thinking to myself, you know,
I'm gonna treat myself like I'm twenty three. Just letting
you know anyway, David Goggins books, I don't even know
(15:06):
which one came first, but I think Can't Hurt Me
came first, and then something called Never Finished I have
yet to read Can't Hurt Me. I'm on Never Finished,
and man, the first few chapters. Dang, maybe I'm not
going to retire so quickly, all right, the best way
(15:33):
I can put it. Let's see, was it last Tuesday?
Last Tuesday, the NASDAQ hit twenty two five eight and
closed a twenty two two six one. It rallied up
two hundred and three points into the close, to only
be down that day twenty two three three three, down seventy.
(16:00):
Today the NASDAK hit twenty two one eight five and
close the twenty two three eight four was down three
hundred and thirteen and finished only down one hundred and thirteen.
We're just letting you know. If we can, I can
(16:22):
go back. How about this one September second The NASDAK
closed the twenty one four five five. The day before
hit a low of twenty one oh three three, down
four hundred and twenty two points, but finished at twenty
one two seventy nine, so rallied up two hundred and
(16:43):
forty six points. Still a down day, but you had.
When you draw on these charts, you draw these vertical lines,
but then if you finish at the upper end, you
draw a little horizontal at the upper end. Today was
another one of these upper end NASDAC days. By the way,
(17:04):
you had another one of those on August twentieth. You
had a midpoint on September fifth. So if we continue
to have these down three hundred Nasdaq and finish only
down one hundred, I mean down one hundred, it's not great.
But if the next three days the nasdak's up two hundred,
(17:25):
erases everything. So we're just letting you know. The Nasdaq
was down one thirteen, but dang, it could have been
a lot worse. You had Nvidia down three, then it
was up three, finished finished up less than one, but
still upper chamber they call it. And as I go
(17:46):
through screens today of individual names, just finding a lot
of the little vertical line that's price, and then the
little horizontal line which is the closing price in the
upper end of the ranges. That's not bad news. Does
(18:06):
not mean a ton to the next day, but it
means something. And to keep the up trend in TAC
like to see more of that. Intel. Well, we told
yesterday that one of the congressmen bought Intel before everything.
We're not accusing them of anything. Of course, Intel was
(18:27):
up another nine percent today. You had soft Bank take
a position and Nvidia take a position, the government take
a position in this company that has absolutely sucked versus
other semiconductor stocks. In fact, before all this noise, Intel
hit a high of seventy six bucks in two thousand
(18:51):
and was a low of eighteen as of July. It's
now thirty four. Welcome to the government rules, and I
don't know what comes of it. All I can tell
you is I don't want the government in our private companies.
(19:17):
And any conservative, worst of their soul, should be agreeing
with me. And if Joe Biden was doing it, conservatives
be crapping in their pants. Well should not matter who's
doing it, you should be matter that it's being done.
We'll see how it plays out anyway. Just let you
know Intel stock is very strong. Dow is down one
(19:42):
seventy three today. I will tell you that the Dow
at the Loew's today not bad forty five seven eighty
five six. It was down three point thirty strong in
the Dow today was IBM up fourteen? You know what?
They announced something about quantum. Remember what we told you
companies are going to be just announcing AI and quantum,
(20:05):
quantum and AI. And we're not ripping on IBM for
announcing this. We're just letting you know. And we have
to start gauging how important the announcements are, because sometimes
the announcements are not that meaningful and they're being announced
to goose the stocks. So I have to look over
(20:25):
tonight what IBM said and the most important part of
the equation. Will it add to earnings or is it
just another announcement? I doubt we'll know in a day.
Up next what else in the markets? What else that's
(20:45):
up next time? Just the one only Investors.
Speaker 3 (20:47):
Edge you're listening to America is talking small Investors Edge.
Speaker 1 (21:16):
He's got the crowd is just on his feet.
Speaker 5 (21:19):
Here a boy with Gary called Bob come Highly recommended
you're gonna feel better if you talk to him.
Speaker 2 (21:31):
Okay, let's just go tit for tat on what's happened
in the markets. We remain avoids on payroll companies a
DP and paychecks bearish market. A lot of the auto
(21:52):
dealers and carmacks today blew up to new yearly lows
on their numbers. The changes like ICE and the CBOE
and the CME and NASDAC. They trade avoids most of
the food and beveraging and probably had the tobacco in there. Also.
(22:16):
That's the consumer staples, household products also like the Procter
and Gambles bearish markets, bearish trends, down trends, whatever you
want to call it. And boy oh boy, the alcohol
(22:36):
stocks absolutely bludgeoned. And this is a good news, bad news,
bad news if you own the stocks. Good news that
people are drinking less alcohol. As we have told you here.
If I have five drinks a year, it's a big year. Seriously,
(23:03):
I think I'm at three this year. Let me think,
what do we I think I'm probably around three this year.
Let's see I had that great martini at Nobu. Yeah,
I think about three. I just think it's overrated. And
(23:24):
by the way, if you're in New York City now
they charge you like twenty two bucks for a martini
that cost them eight cents. Is one place that charges
thirty bucks. Get out of here anyway. Good to see
and great to see that young adults are not into
(23:46):
it overrated. Just letting you know what else remain avoids.
The restaurants. The restaurant stocks are in a bearish phase,
bear more market, down trend, whatever you want to call them.
We've recently said to you that I guess the word
(24:08):
is downgrade, and said we'd be worried about the travel stocks, airlines,
cruise lines, hotels, and guess what they've been coming in.
Nothing as far as disasters, but a lot of tops
in place, and we'll see if it worsens. Whenever something
tops and we call it top, we never know if
(24:30):
it's going to turn into something no biggie, somewhat biggie biggie,
or brutal destruction. We just know when something's basically topped
or avoids because they're trading below the fifty day moving
average and they keep riding it down and in the red.
(24:52):
Chipotle in the restaurants sixty seven to thirty nine Starbucks
team to eighty three. By the way, Starbucks, we told
you announce they're gonna close a bunch of stores, a
bunch of I guess restaurants, And that's a smart move.
Do you know why they have too many? Do you know?
(25:14):
In New York City you can just walk one block
and there's another Starbucks, and then another block and another Starbucks.
You know what I do like about Starbucks right now,
they've been fixing the interiors. You know what I don't like.
The CEO says price doesn't matter. We're gonna keep charging. Okay,
see how that goes in a price conscious environment. Big Biotech,
(25:36):
I just think they're avoids the garbage collectors, the waste
management avoids a lot of the insurance stocks. Plain Old
avoids a decent amount of economically sensitive stocks WW Granger
(26:04):
Tools and lighting and plumbing bear market, but not all
because United Rentals has been strong, Caterpillar has been strong.
Anything below the fifty to How about this? Medical products
and research companies Bearish, Intuitive, Surgical past Lead are just
(26:26):
absolutely destroyed. A lot of the healthcare, a lot of it,
and managed care. United Health has been better, but the
others stinking up the joint. So there's plenty of areas
(26:48):
of avoids, rails and truckers, most of them avoids, though
there's a merger within the Union Pacific and Norfolk Southern.
But the banks remain fine. The semiconductors remain fine growth leaders.
(27:08):
While a bunch of them have pulled back some harshly
in the past two or three days, that's only because
they got extended. If I had to complain, we've been
telling you about the no sales stuff they've come in,
but only because they went vertical. Also, we would avoid
(27:29):
the crypto in spite of what they tell you that
a bitcoin's going to thirteen million. The only time we
would tell you to look at crypto it would have
to get back above the all important fifty day moving average,
and right now both bitcoin is trading below, and I
will tell you sixty one to thirty one. If ib
(27:55):
breaks below sixty one thirty one, it would worsen things.
Eighty four eighty four point seventy eight on the is GBTC,
which is another bitcoin, ETF and then ethereum. If I
had a dime for every person in the last four weeks,
that was screaming skyrocket time. Well, it's down twenty percent
(28:20):
from the recent high and broke the fifty day today
gap down on Monday. We would just avoid when would
we come off of voids. They'd have to get back
above the fifty day. That does not mean that they
start a new up leg. They just can't be in
a down leg if they're above it. So we're just
(28:42):
letting you know there are voids right now. We're not
telling you to sell. We're just letting you know if
you're looking at them, there's no reason to touch right now.
And then there's the micro strategy, which we have warned
you about. Down another twenty three bucks today, breaking support
levels much weaker than the actual bitcoin now. And again
(29:04):
our worries were one fold. You're borrowing money and issuing stocks.
Just buy more and more bitcoin that in the last
bear market drops seventy five percent. Really, that has no
sales or earnings, products or services. Really, Okay, we'll see
(29:26):
how it plays out. Well, bearish phase for micro strategy
right now, If that changes, we will let you know.
But IW so a bunch of avoids, and if anything
gets better, we'll tell you. If anything worsens, we'll tell you.
(29:50):
But there's still areas that are acting just fine, or
we wouldn't just be off the highs. Russell two thousand
just broke out, but it's a little bit below the highs. Again.
We took a small position, and that's why it's coming down.
Remember we got stopped out twice last year when to
try to break out twice. Well, we just bought a
(30:13):
little bit. And I know we're down a percent. Not
the end of the world yet and not a big
piece for an ETF. And that's a little bit of this,
that and the other thing in the markets. Oh, we
forgot one Apple. It was up four bucks today in
(30:36):
a crappy Nasdaq had two very strong days, two small pullbacks,
and then boom. Today. Looks like it may get those
old highs. It's only four bucks away from the old highs.
We just bought Apple recently and we sold. We made
twenty cents. We will get back in if need be.
(30:56):
Talk of better sales, but forget that action quite compelling today.
We were hoping they were going to pull it back further.
They didn't. On the other end, strong Oracle down another seventeen.
(31:17):
Somebody put a cell rating on it. Have you ever
seen a cell rating not so sure, I've seen any
analyst cell ratings every now and then that broke below
the big three hundred dollars level. Not thrilling, not great,
little up, little down up next? What else we got,
(31:42):
We'll figure it out on Investor's.
Speaker 4 (31:45):
Editor, you're listening to what are you waiting for?
Speaker 2 (32:18):
One to ready go?
Speaker 4 (32:25):
We can't recalled bot.
Speaker 2 (32:39):
Dona na well as you know, and maybe we'll pat
ourselves on the back a little bit. Uh they are
reporting today, Uh what we've been telling you for three months?
(33:03):
What have we been telling you for three months, especially
about Florida because we live here, that the housing markets
continues to soften, and that fantasy prices are coming down
sometimes very very big. I just saw a house that
went up for one seven five and within two weeks
(33:25):
was one five to five and it's still ain't going
to sell. There are houses going up one hundred percent
higher than where they were three years ago, and that
ain't gonna work. And I'm watching we go on zillowanilter
dot com and we've been telling you for many times,
(33:46):
and not just Florida but other areas that days to
sell is expanding big time, prices coming down and a
lot of pending sales, going, not pending, and not sold.
We've been telling you this for a while. Now let
(34:09):
me read for you. All four of Florida, Florida's major
metro areas have shifted into a buyer's market territory. G Thanks,
we had no idea. The COVID nineteen pandemics sent the
housing market into a frenzy, and no state was affected
more than Florida. The housing boom saw a rapid price increases,
(34:33):
mass migration to the state, which by the way, continues
today high demand and low inventory. People from across the
US poured into the state to enjoy the sunshine, space,
low taxes, suburban lifestyle, and the fact that Gary Kolbaum
lives there. Now, just that's not in there, by the way, Now,
just five years later, the market has fully shifted thanks
(34:55):
to over development, rising insurance and homeowners association fees, and
economic uncertainty under President Trump. That's not the reason homes
are no longer selling in the state. Miami, Orlando, Jacksonville,
and Tampa are those The big four are all officially
buyer's markets. A buyer's market occurs when there are more
homes for sale than buyers. This gives buyers leverage. They
(35:19):
can negotiate lower prices, ask for concessions, and take their
time finding the right property. By contrast, a seller's market
has more buyers than available homes, meaning, how whatever, it's
actually worse than this saying just let you know, we
(35:39):
have stated to you we do not think we're in
an eight type scenario. We do not think that, but
we think Fantasyland is going to continue to unfantasize. And
(36:02):
people are recognizing and let me explain how things work.
It's very simple. The more supply, the tougher to sell.
The more supply, and the realtors for these sellers see it.
The realtor has to go to the cellar and say, hey,
there's now nine houses in the neighborhood up for sale,
(36:26):
and you're all pretty much at the same price. And
by the way, for those houses are nicer than yours,
you're gonna need to lower prices to move it or
take it off the market. Oh, I'm gonna lower the price. Well,
those other eight houses all of a sudden, see there's
a lower price now, and it's gonna be tougher for
(36:49):
them to sell in that same neighborhood. So what do
they do, They start thinking about lowering their prices to
meet that next one first one, excuse me. And that's
how the process goes, simple as that. And the realtor's
job at that point in time is to recognize it
(37:11):
and let the sellers know what's going on. And as
I said to you, right here near I live there,
somebody put up something for one point seventy five that
I believe sold four years ago for like one two.
After two weeks, all of a sudden, it's one five five.
Why would they do that? Because they put it up
(37:33):
for sale. Nobody sold on the same street was a
house in better condition up for one four five. That's
how it rolls. So just letting you know, that's the
scenario going on right now. It's not just Florida. You
(37:54):
can go read about Vegas, areas in Texas. I'm here
in Arizona, all the peeps there and beautiful Phoenix, Scottsdale,
those areas, and it's just we're coming down from fantasyland
to what point. We don't know. We'll give you an
idea as we move forward, but right now there is
a process going on. Now. Let me give you though,
(38:16):
I can tell you great houses that stand out are selling,
but most houses are in the same line as others.
I can tell you in an area, I saw a
house that I went up for three to two that
(38:37):
I said, no way, it's going to go for three
to two. It's an old friends of mine house. But
the house is gorgeous, a fantastic pool area. You would
think you're in Hawaii at one of their pool areas.
It's gorgeous. Sold within a week because it was that
damn good. So it really depends on does it really
(39:00):
stand out? And I'm using a three million dollar house.
You could have a seven hundred thousand dollars house, a
five hundred thousand that really stands out too. How you
took care of it? Is it really nice, good landscaping,
good paint, the insides, and you get my point. I
(39:22):
could gary the real to here helping you out with
the real estate. Huh. Anyway, as you can tell, we
study a lot of this stuff for you as well
as for us. So that's the Florida thing right now.
Let's see Texas by comparison Texas. Yeah, same thing, same thing.
(39:48):
In February twenty three, Florida record the steepest inventory growth
in the country one hundred and forty three percent Texas
one oh nine inventory. That'll do the trick all right.
Tomorrow Friday hopefully a better market day. We don't like
down days. You'll have a great evening. Drive carefully when
you get home. Do like we do. It's simple. Make
sure you hug your family. Make sure you hug your children.
(40:10):
They will feel better. You will feel better. I promise,
stay well, be well, and don't forget. If not in
your city, garyka dot com, peace out, all good night.
Speaker 1 (40:22):
This has been Investor's Edge with Garycultbomb 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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