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 walk once again to Investor's Edge. I'm Gary Kolpa'm
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen, Happy that you are listening.
It's Monday, August fourth, twenty twenty five. We're gonna call
this the No Memory edition of the Investor's Edge. We'll
explain the minute. Hope you had a good weekend. I
went the Summer Slam Saturday night. I predicted the outcome.
(00:34):
I Summer Slam Sunday, yet last night I predicted it.
I'm really good at this. I should have my own
wrestling podcast. You guys won't do professional Wrestlinger, right, So
I predicted Seth Rollins cashing in on Saturday. I predicted
Cmpunk winning and getting cashed in. I predicted brock Lester
showing up last night and boom. I'm good at this.
(00:59):
And as you know, I've been going to a professional
met wrestling matches since nineteen seventy five Miami Beach Convention
Center every Wednesday, seeing Dusty Rhodes beat the bad guy
I used to get made fun of all the time.
Nobody makes fun of me anymore. I will tell you
fifty thousand people at the Giant Stadium, well it's giants,
(01:20):
it's met life, they call it. On Saturday night and
last night, I believe over sixty thousand people and man
oh man, the merchandise was flying off the shelves. More
power to them. Well done, WWE, and there's other organizations
doing very well also. It is a big, gargantuan, gigantic business. Anyway,
(01:44):
I saw my father, and I gotta tell you know,
I've given that whole story that he was almost a
gone or what about two months ago. He's gonna be
ninety four in October. Brain is fine, but body not
and energy being sapped, lost a lot of weight, and
(02:06):
it's just it's so tough to watch because you know,
I have this very good memory of down and out
pump it, golong. He would be the quarterback in the
streets of North Miami Beach. When I was thirteen years old.
My father almost made it to professional baseball, had tryouts
(02:28):
with the Yankees, fast as fast can be, was in
the Coast Guard also, and just age I'm singing in
real time that you cannot fight age. There's nothing you
(02:51):
can do about it. And some look the way Hulk
Cogan just passed away at seventy one, but Clint Eastwood's
ninety five. You just never know. I look up all
the time just to feel better. What is the life
(03:11):
span of a man? And my father's kicked it's ass
by many years at this point in time, So grateful.
And my mom who passed away last Thanksgiving at ninety one. Anyway,
that's you know pretty much. I'm gonna be flying up
there every weekend now and that's that part of the show.
(03:38):
In case you don't know, this is serious talk on
everything affects you. We'll do the markets, and dang, what
a difference a day makes. We'll do the markets, the economy,
your job, your industry, the president, they and just a
lot of things that are going on out there that
I want you to know about that you may not
think matters to markets. You know, every now and then
(04:00):
we'll get the email, Oh Gary, talk markets more. You're
not everything intertwines. When I talk that in deficits, you
don't think that has anything to do with the market's
long term in your life? Long term You don't think
them spending thirty seven trillion dollars more than they were
supposed to is meaningful. You don't, seriously, you don't think
that so Security is going to run out of money
(04:22):
is not meaningful. You think they have the money, You
think they prepared for the future. They're idiots. And anytime
somebody even wants to talk about Social Security, the other
party just, oh, you're throwing grandma off the cliff. Just
remember social Security. They scammed you. They took your money
(04:46):
and used it. If you're getting your Social Security right now,
you're not getting your money back. You're getting the workers
of today's money. You're getting their money. And they need
to They need to know. Number one, that life span,
life expectancy has gone higher, So people are getting paid
(05:08):
for longer a period of time. And they didn't prepare
for that. That's why we keep getting taxed more on it.
The dummies. And I can go, I can, I can
do five hour show on Social Security and the scam
of it, greatest Ponzi scheme in history. You know what
a ponzi scheme is? You get paid by other people's money.
(05:32):
It's as simple as that. And as I have said
to you on Social Security. If all that money that
you put in Social Security the years just went into
an account not run by the frickin government, but just
an account at your bank, at your brokerage, and ninety
percent of well, i'll take it back, one hundred percent
of it just went into ten year government bonds. A.
(05:54):
It's being your name. B. We wouldn't have to spend
trillions of dollars having a Social security administration. See, you
would be in control, and you'd have a lot more money.
And imagine if you were able to put ninety percent
in ten year bonds and ten percent in the S
and P five hundred, Holy crap, imagine seventy five twenty five.
(06:20):
You'd be a bazillionaire by now. But no, and they
keep telling us how great they are and what they did,
and what a great setup. It sucks. Oh, I'm getting
a thirty five hundred dollars check every month. You'd have
been getting seven and eight and ten, and you wouldn't
(06:42):
be getting from the government. You'd be handling it. You'd
have control to just letting you know, and we'll cover everything.
And if you don't get this show in your city,
we'll post it at the gary k dot com. Willoso
posted on our x feet also on business YouTube channel,
(07:02):
and if you'd like to email me, all you got
to do is be nice. Getting a little gruff from
the Trump fans, and that's fine. That means I'm doing
my job and we're gonna hit him today hard. Just
remember this is the show of no bias. We will
compliment the hell out of him when he does well,
(07:22):
we will rip him when he doesn't, just like we
did with Biden for four years. I think at four
years we may have complimented Biden twice. But he was
a Marxist control freak, a control freak, a quiet Marxist
control freak that was determined to destroy this country with
(07:44):
open borders, let everybody in, flew the people in to
different cities around the country and bankrupt a bunch of cities.
Just remember, the taxpayer pays for all that, not Joe Biden.
I think maybe once or twice. We've been complementing Trump
big time on many things, but there are a few
(08:05):
things that I can't get over, and we'll keep talking
about it, and you can curse me out and send
me emails. That's okay, That's what makes the world go
round disagreement. We'll get to that in a bit. But
the market, so on Friday, I didn't listen back Friday.
I've been busy all week and normally I listened back.
But I'm pretty sure I said to you, we gap
(08:28):
down below the very important twenty one day move and
average finished below it the first time since the lows,
and this could be very important. A lot of areas
in really bad shape, very big trouble coming after the
transports in a big way. Avoids here, avoids there. I
(08:50):
think I said, the only thing that looked pretty good
on Friday is interest rates came down markedly, so some
of the interest rates sensitive areas were pretty crappy. And
just went on telling you how this broke and that broke,
and this broke and that broke, and let's hope there's
no follow through. The good news is we're still above
(09:11):
the fifty day moving average, which is the big mots
a ball in an up trend. That the twenty one
day is is a stronger moving average, and it finally broke.
And I don't think we gave you any reasons on
Friday that I may have mentioned. There is worry about
(09:31):
tariffs and the economy and all that. Whatever. I think
at nine thirty five today, the Dow is up three
point fifty. The Nasdaq was up I think two fifty,
and I usually I use nine thirty five because when
(09:52):
a market gaps up, I don't for the market. I
don't usually lose. Use that exact second that it opens.
I give it five ten minutes, either up or down.
Let's just say we're up three fifty and two point fifty. Boom,
right out of the box, and we did not look back.
The Dow finished up five eighty five. Getting back Friday,
(10:13):
am I surprised. Hell, yeah, is there a reason? I
don't know, don't care, I care about outcome? Doub five
eighty five, s and P ninety one, NAZDAK four h three.
I think it was down four to seventy two on Friday.
Up next, we'll keep going markets. Oh and then lot's
(10:35):
the cover after that. I'm Gary.
Speaker 3 (10:36):
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
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Speaker 1 (12:05):
It's time to switch on the integrator units and to
get the brain cells where you're listening to.
Speaker 2 (12:11):
Okay, it could be fun Investors Edge.
Speaker 4 (12:15):
The last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bob.
Speaker 2 (12:19):
It doesn't get better than this. So I forgot to
mention I have a question. So on Thursday, I'm flying
(12:40):
up to New York Thursday evening. By the way, we
are six hour delay and I'm the whole plane is
full except my row. I have the aisle seat, and
a gentleman has the window seat. Nobody in the middle,
and the gentleman happens to be I'm not mentioning who
(13:03):
one of the greatest basketball players of all time, who
is still playing and is still pretty He's up in
the age now but pretty much near the top of
his game, if not more. And he did not want
to be noticed. How do we know. He was wearing
(13:25):
a total black outfit and a black hoodie that just
covered him. And we were all pretty pissed off because
we had a four o'clock flight. I changed my seven
thirty to four because we had storms, and we were
in the plane at four point thirty about to leave,
and we couldn't believe it because all the flights that
(13:48):
Kennedy were canceled. Usually it's the other way around. Two
flights from the GUARDI are going and then we're on
the runway sitting for a half hour, which happens every
now and then and then, but he also pilot also
told us we have to fly west and come back east,
so it's gonna be a three and a half hour
flight instead of normally a two hour fine and dandy.
We don't care. We're on a nice flight with TV
(14:11):
and stuff, and ugh, we end up sitting there, sitting there,
sitting there. Then we have to go back and get
fuel because we were going to do the three and
a half hour flight, and then big storms came and
then they had a stoppage up there. We left the
ten forty five I think it was. Anyway, this basketball
(14:34):
player I think was pissed off as all of us,
and then he just kind of went dead asleep type
of thing. Wouldn't have been wrong to me to just
bug him, just to say something because of who he was.
I didn't. I decided not to, and I think I
did the right thing anyway. And just so you know,
(14:55):
one of the greatest of all time who still plays. No,
it wasn't Lebron on. Lebron flies private and I'm surprised
this guy flew regular flight. Anyway, we move on, so
very strong day. In case you don't know, in numbers,
this is the biggest week for earnings in numbers, not
(15:18):
the most important stocks, but in numbers. But I do
want to mention that Pallenteer pltr it closed it one sixty.
It's six it's up about six and a half dollars
in the after market. That's a good one regardless evaluation.
I've got Mercado Libre though twenty four hundred down to
(15:42):
twenty two point fifty five. Oh well, anything else I
know reports, I think that's There are others, but I
think that is all I need to cover. My issue
with Pallenteer remains well, you can, obviously, but they have
a four hundred billion dollar market cap, four hundred billion
(16:08):
with one point a two point six now trailing three
point three billion in revenues. I don't care if they're
selling coke with the big margins. Eventually that's got to give.
And I know they're in this right industry. Or there
were one hundred and twenty times sales forever, but stocks
(16:31):
up again in the aftermarket. I can't argue the point.
I'll never argue price anyway. But let me just state
for the record, very good day, good clothes. It was
the type of day I'm thinking, oh, they're going to
open hot and screw everybody. They did not. What it
allows me to do is see strength versus not. But
(16:52):
it's it's a kind of tough call because you get
the distribution last week, A good rally today. Will see
what tomorrow brings. We're told that August and September a
choppy or usually down. I never buy too much into seasonality.
I believe in what's in front of me. We'll say,
but am I surprise today? Heck yes, yeah. I thought
(17:16):
we can bounce, but not do what we did. Just
a very strong day. I don't see any big news
that caused it, which is even better news. You know,
if it was announced that Trump was getting rid of
this tariff and that tariff, I'd say, okay, that's the
reason why I don't see even any of that today.
In fact, they were kind of tough today on a
(17:40):
couple of the tariffs. So very good day. The big
indices got back by a smidge above that twenty one
day moving average. And let me explain again. All that
is is a moving average that means the mark it's
really strong. The normality is the fifty day ascend, the
(18:06):
long arising fifty day and all that fifty day moving average.
It's just a line on a chart. Take the fifty days,
add up every close, divide by fifty, and it's smoothed
out versus the wild swings you get every now and then.
And in bullish markets, in bullish phases, price stays above
the fifty day, but in stronger markets it stays above
(18:29):
the twenty one day. And why is the twenty one
day stronger? But because it's only inclusive of twenty one
the nearer turn versus the fifty. And that's the story.
So I wish I could complain, and I can tell
you we sold down some indices we still have. I
(18:52):
think the ETFs that we sold are about eight tens
of percent now higher then when we sold them. Mind you,
we bought them right on the turn in late April,
so we've done good. Now I got to decide to
why I want to redo that, but I'm not sure.
(19:12):
I'm gonna think about it at the close. But the
fact that a pallenteers up, which is an important name,
I think it's of important. And you know what was
up today. Let me just give you some thoughts here.
Oracle up eight, and Vidie up six, Robin Hood up six,
Credo up six, broad Calm up nine. These are the
names that we're leading. And they just come right and
(19:35):
they got hit and they just come right back today
like nothing happened, though volume was much lighter today than
on the drop. I'm gonna give the move today it's due.
And let me just be clear. If we keep coming
on the show and say to you the twenty one
day still holding, that's big. If it gets taken out,
(19:56):
then we'll be talking about another few percent to the downside.
I am in no way, shape or form thinking bear market,
except we'd still avoid a lot of the transport types,
things like auto dealers. They bounced the insurance stocks, but
they're kind of an icky down trends. Insurance stocks in
(20:17):
their bear markets never really crashed that much unless you're
a United Health, which is insurance. E and Semis were
up ninety six today. The socks better day for the
financials which were rocked on Friday. The financials were rocked
on Friday and gave a certain finger back to the
(20:37):
market today. So good day. Up next what else are
we see in and then this, that and the other thing.
This is the one only investor's edge.
Speaker 4 (21:11):
You are listening to.
Speaker 2 (21:12):
America is talking callow investors edge.
Speaker 1 (21:16):
He's gotta be the crowd is just on his feet here,
said a boy with Gary called Bob.
Speaker 4 (21:23):
I'm highly recommended you're gonna feel better if you talk
to him.
Speaker 2 (21:36):
Well, we have set the date Wednesday, September third, the
day before the first game of the football season. The
Couch Potato Football League we'll be having its draft. The
name of my team this year. What's my grandson's name, Reese,
(21:59):
So Reese's Peace is the name of my team. Normally,
my team starts with a certain bed four letter word
and somebody who screwed me the year before. In fantasy league,
that's usually the name of my team, but this year
it'll be Reese's Pieces. The draft order will be picked
(22:20):
on Tuesday, August twelfth, and we'll see how it goes.
I've already got my little book out and all my
things to start studying. And I haven't won the league
in a very long time, which irritates the living heck
out of me. And I still remember the year that
I had it. One final game, and this is true,
(22:46):
Green Bay Minnesota and all excuse me, yeah, Green Bay Minnesota,
and all that did not have to happen. I was
playing against Aaron Rodgers. As long as he didn't throw
five touchdown passes, I win five touchdown passes. He threw
(23:11):
six no, it's true story. And I did not win
the championship. That's my luck sometimes. Alright, what else do
I got for you? Gold miners? The GDX just reporting
to you. I'm not telling you to buy sell shorter
(23:31):
cover broke a little bit above range today on what
I would call a pretty good quality pullback from ten
pm down to four am on a clock or ten
to four, whatever you want to call it. And a
real strong move up today on volume. And GDX is
influenced by Newmont and that's pretty strong. But you got
(23:51):
little moves and let's see au Anglo gold breaks out
to new highs. Did Let's see Barrack Mining b edges
above the old highs, Agneco Eagle edges above high so,
but the gold miners remain in I think the fifteenth
(24:13):
or sixteenth week now arrange. But the gold miners and
typically when the miners lead the metal, it's bullish. And
then you had some more earnings moves. You ready for
this one? Id X laboratories. What have we been telling
the avoid medical? Yeah, it's medical. It was up one
(24:36):
hundred and forty seven bucks to six eighty two on
seventeen percent earnings growth. Market loved it for whatever reason.
As you know, most medical stocks look like crap, but
this one dang boom. So as earnings keep coming out,
will we mine them? We check it out. We also
(24:58):
look at new something like a Spotify announces they're raising
prices up thirty one, was up forty five though, but
that's in like I would call that a little bit
of a bearish phase for Spotify at this point. And
we're just looking for any new merchandise based on moves
on earning. So PALANTEI will be up a little bit
in the after market and at a new yearly high.
(25:20):
By the way, with a four hundred billion dollar market
cap with three billion in sales, this would not be
a Warren buffet stock. May I state for the record,
And by the way, Berkshire reported earnings after the I
guess over the week, I was down fourteen bucks today,
(25:41):
so that wasn't that good. Yields back down a little
bit more today, the ten year yield down at four
point two I think exactly at this point, and oil
prices dropped the buck and change. That's good to see.
And remember what we tell you fundamentally, fundamentally, oil prices
and yields going down are a great thing, fabulous thing.
(26:03):
Anything else stick out is just a good day. I
did my big scan and then I tighten it up.
But good day advanced declines with the opposite of Friday
new yearly high. Well, remember on Friday, new yearly highs
on the Nasdaq were forty new yearly lows, two hundred
at the close. Today seventy three new yearly low. Still
(26:25):
but one hundred new yearly highs. I'll look them over.
We're always mining that list, and I started writing up
the list earlier. There you go. I just found it again,
and we'll see if we can get followed through. But
I'm more than impressed today on how we opened, how
we finished, and just mark it without a memory of
(26:49):
what happened last week. And let me be clear, it
was getting ugly last week. Ugly ugly, ugly AI stocks,
Semic and there's that energy data center thing. Chevron and
Amazon were by the way, Amazon's following through to the
downside off of its gap to the downside. But everything
(27:10):
else in the Dow was up today, though let me
be clear, there's still plenty of Dow stocks week. I
also want to mention that the housing housing related got
another lift today. They did it Friday today, and even
home Depot and Lows and things like that had a
good day. So as we said, tomorrow's another day. I
do want to warn you though, they've been coming out
(27:33):
with IPOs and they opened them too hot fig figma.
I think it was a thirty dollars deal. They opened
it a one hundred and something. Hit'll hire one. You
ready for this, I'm not making this up. On Friday,
hit a Hire one forty three, closed it at one
twenty two, it's eighty eight. So if you got all
(27:55):
excited and bought it one forty three, it's eighty eight
the next day. So just be careful, keep your feet
on the ground. We're seeing it in other names all
so you remember the what was it? Circle? Internet hit
three hundred, it's one sixty four. Uh, And what's that
core weave hit a high of one eighty seven. It's
one oh six. So they can heat them up emotion
(28:22):
and then the look see froth comes off big losses
if you're not careful. These are just examples. You never
know what the next one's gonna do. Just do yourself
a favor. Oh, it was a thirty dollars deal. It's
one ten. Should I buy it? You get to decide.
(28:43):
I had to bring that up also next So if
I did it Friday, sorry, I'm doing it again.
Speaker 1 (28:55):
Uh.
Speaker 2 (28:55):
Donald Trump came out that they rigged the jobs number
on Friday. So let me be clear, because I'm rooting
for him, but he loses all credibility in my mind,
my unbiased mind, because he's lying. And I would tell
him that stop lying. Now. If you want to say
(29:16):
it's flawed, good, but you are accusing that woman of
cheating you and making up the job numbers and cheating you,
and you know what, the promise she's probably getting death threats. Now,
that's what happens in this crazy world right now. So
he isolated this woman who's been doing it for a
long time and she doesn't make up the numbers. They
(29:38):
have their formulas. And that is that. He also lied
when he said that last year under Biden or whatever,
they did a revision of eight hundred thousand, but they
waited after the election. That was a lie. They revised
it two and a half months before the election, making
Biden look bad. I also want to mention that he's
(30:03):
had some good numbers in the last few months. And
he didn't complain about it. He actually gave himself big
pats on the back. It's the greatest economy in the world.
But now he gets a bad number, He's being cheated.
That's bull crap, and in my unbiased mind, loses credibility.
(30:23):
And I just say it to his face. Stop, you
don't have to do that. Just make a great economy,
low taxes, less regulations. Hopefully we get to the finish
line on the tariffs and get the hell out of
the way, we'll do great. I've told you, I'm pretty
good at my little stupid sampling that there's been a slowdown.
(30:48):
And you know why there's been a slow down the tariffs?
Do you know? Less people and the immigration. Do you
know a lot of people are not coming here because
they're afraid of the immigration thing. Seriously, when you see video,
and we're not saying this is wrong, but when you
see videos of people being taken away, people are worried
(31:09):
coming over here as visitors, wrongfully worried. But that's part
of it also, and we're hearing it. By the way,
go look at the numbers from people coming in from Europe,
not Eastern Europe, but Western Europe. Go look at the
numbers from Canada. So there's some things going on. I
(31:32):
believe the president should be thinking about I can help them.
He wouldn't listen to me up next. Well, now that
I hit him, what about the other side? This is
the one on the investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 4 (32:18):
One ready, we can't recalled Bob.
Speaker 2 (32:30):
And if you don't think credibility from up high, Matt
doesn't matter. I got some everglades from you and trumpions.
Don't be emailing me. You know I'm right. I'm here
to help. You know who doesn't help the people? Kisses?
(32:50):
You know what? Even when he does silly and don't
get me sucked. Well, you know what, I can't blame
his minions going on TV and BS ing for him.
I can't blame them. They got a job to do
right on the other end. A couple of things, just
a couple of things. So have you heard about the
(33:17):
big complaint in Texas that the Republicans want to read
district and all that crap, and look how bad they are.
And they want to readdistrict this, and they want to
redistrict that so they don't lose Texas, And look how
bad the Republicans are They're terrible. They're terrible. They're terrible.
They're terrible, They're terrible. Right, just want to make sure
(33:45):
you know the story they in California, the Democrats are redistricting,
which would eliminate all nine Republican House seats in California.
Do you know that? So those Democrats are full of crap.
(34:08):
They're bs artists. Do you know here in Florida they
once drew up a map for a district that look like,
how do I describe a boomerang? No, really, a boomerang
a j The Democrats are so damned crooked on elections.
(34:29):
It's not even funny with the redistrict thing they've been doing.
They wrote the book on it. So I just want
to let you know, if you start reading that story
and stuff, they're lying. Oh look at that, we're hitting
both sides. They're lying. They are the kings and queens
of redistricting. They've been doing it forever. So what do
(34:54):
they say? What's the line turned about? Is fair play?
The Republicans are giving them a little bit of their
own medicine. And I don't know what the outcome is
going to be, but I know that was a little
front and center. Next, so the scumbags at the New
(35:14):
York Times put out a picture of a starving kid
in Gaza without saying, oh, look, the kid has big
illness instance a baby, and the reason he looks like
that is because of his illness. And they put it
out and eight million people on their x feed or
(35:35):
whatever feed see it. And then they apologize, but with
a non apology, and then they send that out to
eighty thousand people on a different feed. But of course
they run all these stories about starvation and Gaza. Do
you know how many millions of pounds of food Israel
Is sent in there? A bazillion, which they don't have
(35:57):
to do because in more you're not supposed to give away.
So I'm just letting you know you can believe whatever
you want. I'm letting you know because I have a
radio show. It's all a lie. And there's still fifty hostages,
and the New York Times, by the way, and all
of them, by the way, the scumbags, the murderers, the
(36:19):
pricks at Hamas, who I hope they all die a
big death and a painful death. They released the video
of one of the hostages that looks like is eighty
pounds showing him digging his own grave and publish it,
and the New York Times and the Post and all
of them, not one of them, CNN, MSNBC. That's not news, right.
(36:46):
They hate Israel because they hate democracies. They're jealous of
their great wealth and success and the people there. They
can all go screw themselves. I had to bring that up.
Does that matter to the markets, I'm gonna say not really,
but it matters to your handsome and buffed host who's
(37:07):
getting more buff by the day, Sidney Sweeney. Have you
seen that one? And you want to know why the
left keeps why Donald Trump's the president, and why the
Republicans have the House and Senate? Anybody see those ads
of the Sidney Sweeney? And I don't know who she is.
I guess she's a very popular actress right now. She's
(37:29):
been in some shows. I think I saw her maybe
in something. I don't remember what it was, but I
don't know. Well, so she doesn't add for jeans. And
I watched a professor on TV said it has a
maagerie imagery of Nazism, and I decided to watch the
(37:50):
ads and I didn't see any jack boots, and I
didn't see anybody hall Hitler ing with the arm out.
I didn't see any swastickers. I saw a good looking
girl where jeans and talking about them. The left, the
woke left, is insane. They can make up the remake
of One Flew Over the Cuckoo's Nest. I don't think
(38:13):
there's enough straight jackets. I don't think there's enough rubber
rooms for these people. They do. They actually sit in
a room and just come up with these things. An
innocent gene commercial. Then somebody else said it's white supremacy.
What And then I look and I see, wait a minute, Beyonce,
(38:34):
I don't think she's white. Did a gene commercial also
that looks so much like this commercial with this Sydney Sweeney.
But this one was white supremacy. And they want to
know why they can't get elected. They want to know
why people are sick of them. You know, I call
myself mister logical. I'm just a logical person. You run
(38:58):
an ad with a good looking young lady showing genes
is sexy ad? I would call it boy because they
never sell sex on TV through advertisements, right, But I
think a lot of us, most of us are pretty
logical and we're laughing at this. It's stunning to watch.
(39:24):
And normally we go into midterm elections and I say
to you, boy, the Republicans are going to get kicked
in the teeth, and especially with Trump being very polarizing.
Not so sure about that. Why the left is insane.
They're insane. That's the best way I can put it.
(39:49):
Some of you in the Democratic Party better get a
hold of it and get back to being moderate and logical,
or you're dead. You're dead. Hey, that all said, you
have a great evening. Drive carefully and again I was
quite surprised by today. When you get home, do like
we do, quite simple. Make sure you hug your family.
Make sure you hug your children. They will feel better.
You'll feel better. I promise I'll be on with Varney
(40:11):
and Company tomorrow. I'm not so sure what hour it is.
It's nine to twelve Fox Business. Check it out and
you have a good evening, everybody. Always a pleasure to
be here. Bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Kultbom on Biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's Garykay dot com.
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Viz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:11):
And walk once again to Investor's Edge. I'm Gary Kolpa'm
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen, Happy that you are listening.
It's Monday, August fourth, twenty twenty five. We're gonna call
this the No Memory edition of the Investor's Edge. We'll
explain the minute. Hope you had a good weekend. I
went the Summer Slam Saturday night. I predicted the outcome.
(00:34):
I Summer Slam Sunday, yet last night I predicted it.
I'm really good at this. I should have my own
wrestling podcast. You guys won't do professional Wrestlinger, right, So
I predicted Seth Rollins cashing in on Saturday. I predicted
Cmpunk winning and getting cashed in. I predicted brock Lester
showing up last night and boom. I'm good at this.
(00:59):
And as you know, I've been going to a professional
met wrestling matches since nineteen seventy five Miami Beach Convention
Center every Wednesday, seeing Dusty Rhodes beat the bad guy
I used to get made fun of all the time.
Nobody makes fun of me anymore. I will tell you
fifty thousand people at the Giant Stadium, well it's giants,
(01:20):
it's met life, they call it. On Saturday night and
last night, I believe over sixty thousand people and man
oh man, the merchandise was flying off the shelves. More
power to them. Well done, WWE, and there's other organizations
doing very well also. It is a big, gargantuan, gigantic business. Anyway,
(01:44):
I saw my father, and I gotta tell you know,
I've given that whole story that he was almost a
gone or what about two months ago. He's gonna be
ninety four in October. Brain is fine, but body not
and energy being sapped, lost a lot of weight, and
(02:06):
it's just it's so tough to watch because you know,
I have this very good memory of down and out
pump it, golong. He would be the quarterback in the
streets of North Miami Beach. When I was thirteen years old.
My father almost made it to professional baseball, had tryouts
(02:28):
with the Yankees, fast as fast can be, was in
the Coast Guard also, and just age I'm singing in
real time that you cannot fight age. There's nothing you
(02:51):
can do about it. And some look the way Hulk
Cogan just passed away at seventy one, but Clint Eastwood's
ninety five. You just never know. I look up all
the time just to feel better. What is the life
(03:11):
span of a man? And my father's kicked it's ass
by many years at this point in time, So grateful.
And my mom who passed away last Thanksgiving at ninety one. Anyway,
that's you know pretty much. I'm gonna be flying up
there every weekend now and that's that part of the show.
(03:38):
In case you don't know, this is serious talk on
everything affects you. We'll do the markets, and dang, what
a difference a day makes. We'll do the markets, the economy,
your job, your industry, the president, they and just a
lot of things that are going on out there that
I want you to know about that you may not
think matters to markets. You know, every now and then
(04:00):
we'll get the email, Oh Gary, talk markets more. You're
not everything intertwines. When I talk that in deficits, you
don't think that has anything to do with the market's
long term in your life? Long term You don't think
them spending thirty seven trillion dollars more than they were
supposed to is meaningful. You don't, seriously, you don't think
that so Security is going to run out of money
(04:22):
is not meaningful. You think they have the money, You
think they prepared for the future. They're idiots. And anytime
somebody even wants to talk about Social Security, the other
party just, oh, you're throwing grandma off the cliff. Just
remember social Security. They scammed you. They took your money
(04:46):
and used it. If you're getting your Social Security right now,
you're not getting your money back. You're getting the workers
of today's money. You're getting their money. And they need
to They need to know. Number one, that life span,
life expectancy has gone higher, So people are getting paid
(05:08):
for longer a period of time. And they didn't prepare
for that. That's why we keep getting taxed more on it.
The dummies. And I can go, I can, I can
do five hour show on Social Security and the scam
of it, greatest Ponzi scheme in history. You know what
a ponzi scheme is? You get paid by other people's money.
(05:32):
It's as simple as that. And as I have said
to you on Social Security. If all that money that
you put in Social Security the years just went into
an account not run by the frickin government, but just
an account at your bank, at your brokerage, and ninety
percent of well, i'll take it back, one hundred percent
of it just went into ten year government bonds. A.
(05:54):
It's being your name. B. We wouldn't have to spend
trillions of dollars having a Social security administration. See, you
would be in control, and you'd have a lot more money.
And imagine if you were able to put ninety percent
in ten year bonds and ten percent in the S
and P five hundred, Holy crap, imagine seventy five twenty five.
(06:20):
You'd be a bazillionaire by now. But no, and they
keep telling us how great they are and what they did,
and what a great setup. It sucks. Oh, I'm getting
a thirty five hundred dollars check every month. You'd have
been getting seven and eight and ten, and you wouldn't
(06:42):
be getting from the government. You'd be handling it. You'd
have control to just letting you know, and we'll cover everything.
And if you don't get this show in your city,
we'll post it at the gary k dot com. Willoso
posted on our x feet also on business YouTube channel,
(07:02):
and if you'd like to email me, all you got
to do is be nice. Getting a little gruff from
the Trump fans, and that's fine. That means I'm doing
my job and we're gonna hit him today hard. Just
remember this is the show of no bias. We will
compliment the hell out of him when he does well,
(07:22):
we will rip him when he doesn't, just like we
did with Biden for four years. I think at four
years we may have complimented Biden twice. But he was
a Marxist control freak, a control freak, a quiet Marxist
control freak that was determined to destroy this country with
(07:44):
open borders, let everybody in, flew the people in to
different cities around the country and bankrupt a bunch of cities.
Just remember, the taxpayer pays for all that, not Joe Biden.
I think maybe once or twice. We've been complementing Trump
big time on many things, but there are a few
(08:05):
things that I can't get over, and we'll keep talking
about it, and you can curse me out and send
me emails. That's okay, That's what makes the world go
round disagreement. We'll get to that in a bit. But
the market, so on Friday, I didn't listen back Friday.
I've been busy all week and normally I listened back.
But I'm pretty sure I said to you, we gap
(08:28):
down below the very important twenty one day move and
average finished below it the first time since the lows,
and this could be very important. A lot of areas
in really bad shape, very big trouble coming after the
transports in a big way. Avoids here, avoids there. I
(08:50):
think I said, the only thing that looked pretty good
on Friday is interest rates came down markedly, so some
of the interest rates sensitive areas were pretty crappy. And
just went on telling you how this broke and that broke,
and this broke and that broke, and let's hope there's
no follow through. The good news is we're still above
(09:11):
the fifty day moving average, which is the big mots
a ball in an up trend. That the twenty one
day is is a stronger moving average, and it finally broke.
And I don't think we gave you any reasons on
Friday that I may have mentioned. There is worry about
(09:31):
tariffs and the economy and all that. Whatever. I think
at nine thirty five today, the Dow is up three
point fifty. The Nasdaq was up I think two fifty,
and I usually I use nine thirty five because when
(09:52):
a market gaps up, I don't for the market. I
don't usually lose. Use that exact second that it opens.
I give it five ten minutes, either up or down.
Let's just say we're up three fifty and two point fifty. Boom,
right out of the box, and we did not look back.
The Dow finished up five eighty five. Getting back Friday,
(10:13):
am I surprised. Hell, yeah, is there a reason? I
don't know, don't care, I care about outcome? Doub five
eighty five, s and P ninety one, NAZDAK four h three.
I think it was down four to seventy two on Friday.
Up next, we'll keep going markets. Oh and then lot's
(10:35):
the cover after that. I'm Gary.
Speaker 3 (10:36):
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):
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not all individuals have the same needs, will carefully evaluate
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your current approach to investing is not getting you to
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(11:47):
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 1 (12:05):
It's time to switch on the integrator units and to
get the brain cells where you're listening to.
Speaker 2 (12:11):
Okay, it could be fun Investors Edge.
Speaker 4 (12:15):
The last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bob.
Speaker 2 (12:19):
It doesn't get better than this. So I forgot to
mention I have a question. So on Thursday, I'm flying
(12:40):
up to New York Thursday evening. By the way, we
are six hour delay and I'm the whole plane is
full except my row. I have the aisle seat, and
a gentleman has the window seat. Nobody in the middle,
and the gentleman happens to be I'm not mentioning who
(13:03):
one of the greatest basketball players of all time, who
is still playing and is still pretty He's up in
the age now but pretty much near the top of
his game, if not more. And he did not want
to be noticed. How do we know. He was wearing
(13:25):
a total black outfit and a black hoodie that just
covered him. And we were all pretty pissed off because
we had a four o'clock flight. I changed my seven
thirty to four because we had storms, and we were
in the plane at four point thirty about to leave,
and we couldn't believe it because all the flights that
(13:48):
Kennedy were canceled. Usually it's the other way around. Two
flights from the GUARDI are going and then we're on
the runway sitting for a half hour, which happens every
now and then and then, but he also pilot also
told us we have to fly west and come back east,
so it's gonna be a three and a half hour
flight instead of normally a two hour fine and dandy.
We don't care. We're on a nice flight with TV
(14:11):
and stuff, and ugh, we end up sitting there, sitting there,
sitting there. Then we have to go back and get
fuel because we were going to do the three and
a half hour flight, and then big storms came and
then they had a stoppage up there. We left the
ten forty five I think it was. Anyway, this basketball
(14:34):
player I think was pissed off as all of us,
and then he just kind of went dead asleep type
of thing. Wouldn't have been wrong to me to just
bug him, just to say something because of who he was.
I didn't. I decided not to, and I think I
did the right thing anyway. And just so you know,
(14:55):
one of the greatest of all time who still plays. No,
it wasn't Lebron on. Lebron flies private and I'm surprised
this guy flew regular flight. Anyway, we move on, so
very strong day. In case you don't know, in numbers,
this is the biggest week for earnings in numbers, not
(15:18):
the most important stocks, but in numbers. But I do
want to mention that Pallenteer pltr it closed it one sixty.
It's six it's up about six and a half dollars
in the after market. That's a good one regardless evaluation.
I've got Mercado Libre though twenty four hundred down to
(15:42):
twenty two point fifty five. Oh well, anything else I
know reports, I think that's There are others, but I
think that is all I need to cover. My issue
with Pallenteer remains well, you can, obviously, but they have
a four hundred billion dollar market cap, four hundred billion
(16:08):
with one point a two point six now trailing three
point three billion in revenues. I don't care if they're
selling coke with the big margins. Eventually that's got to give.
And I know they're in this right industry. Or there
were one hundred and twenty times sales forever, but stocks
(16:31):
up again in the aftermarket. I can't argue the point.
I'll never argue price anyway. But let me just state
for the record, very good day, good clothes. It was
the type of day I'm thinking, oh, they're going to
open hot and screw everybody. They did not. What it
allows me to do is see strength versus not. But
(16:52):
it's it's a kind of tough call because you get
the distribution last week, A good rally today. Will see
what tomorrow brings. We're told that August and September a
choppy or usually down. I never buy too much into seasonality.
I believe in what's in front of me. We'll say,
but am I surprise today? Heck yes, yeah. I thought
(17:16):
we can bounce, but not do what we did. Just
a very strong day. I don't see any big news
that caused it, which is even better news. You know,
if it was announced that Trump was getting rid of
this tariff and that tariff, I'd say, okay, that's the
reason why I don't see even any of that today.
In fact, they were kind of tough today on a
(17:40):
couple of the tariffs. So very good day. The big
indices got back by a smidge above that twenty one
day moving average. And let me explain again. All that
is is a moving average that means the mark it's
really strong. The normality is the fifty day ascend, the
(18:06):
long arising fifty day and all that fifty day moving average.
It's just a line on a chart. Take the fifty days,
add up every close, divide by fifty, and it's smoothed
out versus the wild swings you get every now and then.
And in bullish markets, in bullish phases, price stays above
the fifty day, but in stronger markets it stays above
(18:29):
the twenty one day. And why is the twenty one
day stronger? But because it's only inclusive of twenty one
the nearer turn versus the fifty. And that's the story.
So I wish I could complain, and I can tell
you we sold down some indices we still have. I
(18:52):
think the ETFs that we sold are about eight tens
of percent now higher then when we sold them. Mind you,
we bought them right on the turn in late April,
so we've done good. Now I got to decide to
why I want to redo that, but I'm not sure.
(19:12):
I'm gonna think about it at the close. But the
fact that a pallenteers up, which is an important name,
I think it's of important. And you know what was
up today. Let me just give you some thoughts here.
Oracle up eight, and Vidie up six, Robin Hood up six,
Credo up six, broad Calm up nine. These are the
names that we're leading. And they just come right and
(19:35):
they got hit and they just come right back today
like nothing happened, though volume was much lighter today than
on the drop. I'm gonna give the move today it's due.
And let me just be clear. If we keep coming
on the show and say to you the twenty one
day still holding, that's big. If it gets taken out,
(19:56):
then we'll be talking about another few percent to the downside.
I am in no way, shape or form thinking bear market,
except we'd still avoid a lot of the transport types,
things like auto dealers. They bounced the insurance stocks, but
they're kind of an icky down trends. Insurance stocks in
(20:17):
their bear markets never really crashed that much unless you're
a United Health, which is insurance. E and Semis were
up ninety six today. The socks better day for the
financials which were rocked on Friday. The financials were rocked
on Friday and gave a certain finger back to the
(20:37):
market today. So good day. Up next what else are
we see in and then this, that and the other thing.
This is the one only investor's edge.
Speaker 4 (21:11):
You are listening to.
Speaker 2 (21:12):
America is talking callow investors edge.
Speaker 1 (21:16):
He's gotta be the crowd is just on his feet here,
said a boy with Gary called Bob.
Speaker 4 (21:23):
I'm highly recommended you're gonna feel better if you talk
to him.
Speaker 2 (21:36):
Well, we have set the date Wednesday, September third, the
day before the first game of the football season. The
Couch Potato Football League we'll be having its draft. The
name of my team this year. What's my grandson's name, Reese,
(21:59):
So Reese's Peace is the name of my team. Normally,
my team starts with a certain bed four letter word
and somebody who screwed me the year before. In fantasy league,
that's usually the name of my team, but this year
it'll be Reese's Pieces. The draft order will be picked
(22:20):
on Tuesday, August twelfth, and we'll see how it goes.
I've already got my little book out and all my
things to start studying. And I haven't won the league
in a very long time, which irritates the living heck
out of me. And I still remember the year that
I had it. One final game, and this is true,
(22:46):
Green Bay Minnesota and all excuse me, yeah, Green Bay Minnesota,
and all that did not have to happen. I was
playing against Aaron Rodgers. As long as he didn't throw
five touchdown passes, I win five touchdown passes. He threw
(23:11):
six no, it's true story. And I did not win
the championship. That's my luck sometimes. Alright, what else do
I got for you? Gold miners? The GDX just reporting
to you. I'm not telling you to buy sell shorter
(23:31):
cover broke a little bit above range today on what
I would call a pretty good quality pullback from ten
pm down to four am on a clock or ten
to four, whatever you want to call it. And a
real strong move up today on volume. And GDX is
influenced by Newmont and that's pretty strong. But you got
(23:51):
little moves and let's see au Anglo gold breaks out
to new highs. Did Let's see Barrack Mining b edges
above the old highs, Agneco Eagle edges above high so,
but the gold miners remain in I think the fifteenth
(24:13):
or sixteenth week now arrange. But the gold miners and
typically when the miners lead the metal, it's bullish. And
then you had some more earnings moves. You ready for
this one? Id X laboratories. What have we been telling
the avoid medical? Yeah, it's medical. It was up one
(24:36):
hundred and forty seven bucks to six eighty two on
seventeen percent earnings growth. Market loved it for whatever reason.
As you know, most medical stocks look like crap, but
this one dang boom. So as earnings keep coming out,
will we mine them? We check it out. We also
(24:58):
look at new something like a Spotify announces they're raising
prices up thirty one, was up forty five though, but
that's in like I would call that a little bit
of a bearish phase for Spotify at this point. And
we're just looking for any new merchandise based on moves
on earning. So PALANTEI will be up a little bit
in the after market and at a new yearly high.
(25:20):
By the way, with a four hundred billion dollar market
cap with three billion in sales, this would not be
a Warren buffet stock. May I state for the record,
And by the way, Berkshire reported earnings after the I
guess over the week, I was down fourteen bucks today,
(25:41):
so that wasn't that good. Yields back down a little
bit more today, the ten year yield down at four
point two I think exactly at this point, and oil
prices dropped the buck and change. That's good to see.
And remember what we tell you fundamentally, fundamentally, oil prices
and yields going down are a great thing, fabulous thing.
(26:03):
Anything else stick out is just a good day. I
did my big scan and then I tighten it up.
But good day advanced declines with the opposite of Friday
new yearly high. Well, remember on Friday, new yearly highs
on the Nasdaq were forty new yearly lows, two hundred
at the close. Today seventy three new yearly low. Still
(26:25):
but one hundred new yearly highs. I'll look them over.
We're always mining that list, and I started writing up
the list earlier. There you go. I just found it again,
and we'll see if we can get followed through. But
I'm more than impressed today on how we opened, how
we finished, and just mark it without a memory of
(26:49):
what happened last week. And let me be clear, it
was getting ugly last week. Ugly ugly, ugly AI stocks,
Semic and there's that energy data center thing. Chevron and
Amazon were by the way, Amazon's following through to the
downside off of its gap to the downside. But everything
(27:10):
else in the Dow was up today, though let me
be clear, there's still plenty of Dow stocks week. I
also want to mention that the housing housing related got
another lift today. They did it Friday today, and even
home Depot and Lows and things like that had a
good day. So as we said, tomorrow's another day. I
do want to warn you though, they've been coming out
(27:33):
with IPOs and they opened them too hot fig figma.
I think it was a thirty dollars deal. They opened
it a one hundred and something. Hit'll hire one. You
ready for this, I'm not making this up. On Friday,
hit a Hire one forty three, closed it at one
twenty two, it's eighty eight. So if you got all
(27:55):
excited and bought it one forty three, it's eighty eight
the next day. So just be careful, keep your feet
on the ground. We're seeing it in other names all
so you remember the what was it? Circle? Internet hit
three hundred, it's one sixty four. Uh, And what's that
core weave hit a high of one eighty seven. It's
one oh six. So they can heat them up emotion
(28:22):
and then the look see froth comes off big losses
if you're not careful. These are just examples. You never
know what the next one's gonna do. Just do yourself
a favor. Oh, it was a thirty dollars deal. It's
one ten. Should I buy it? You get to decide.
(28:43):
I had to bring that up also next So if
I did it Friday, sorry, I'm doing it again.
Speaker 1 (28:55):
Uh.
Speaker 2 (28:55):
Donald Trump came out that they rigged the jobs number
on Friday. So let me be clear, because I'm rooting
for him, but he loses all credibility in my mind,
my unbiased mind, because he's lying. And I would tell
him that stop lying. Now. If you want to say
(29:16):
it's flawed, good, but you are accusing that woman of
cheating you and making up the job numbers and cheating you,
and you know what, the promise she's probably getting death threats. Now,
that's what happens in this crazy world right now. So
he isolated this woman who's been doing it for a
long time and she doesn't make up the numbers. They
(29:38):
have their formulas. And that is that. He also lied
when he said that last year under Biden or whatever,
they did a revision of eight hundred thousand, but they
waited after the election. That was a lie. They revised
it two and a half months before the election, making
Biden look bad. I also want to mention that he's
(30:03):
had some good numbers in the last few months. And
he didn't complain about it. He actually gave himself big
pats on the back. It's the greatest economy in the world.
But now he gets a bad number, He's being cheated.
That's bull crap, and in my unbiased mind, loses credibility.
(30:23):
And I just say it to his face. Stop, you
don't have to do that. Just make a great economy,
low taxes, less regulations. Hopefully we get to the finish
line on the tariffs and get the hell out of
the way, we'll do great. I've told you, I'm pretty
good at my little stupid sampling that there's been a slowdown.
(30:48):
And you know why there's been a slow down the tariffs?
Do you know? Less people and the immigration. Do you
know a lot of people are not coming here because
they're afraid of the immigration thing. Seriously, when you see video,
and we're not saying this is wrong, but when you
see videos of people being taken away, people are worried
(31:09):
coming over here as visitors, wrongfully worried. But that's part
of it also, and we're hearing it. By the way,
go look at the numbers from people coming in from Europe,
not Eastern Europe, but Western Europe. Go look at the
numbers from Canada. So there's some things going on. I
(31:32):
believe the president should be thinking about I can help them.
He wouldn't listen to me up next. Well, now that
I hit him, what about the other side? This is
the one on the investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 4 (32:18):
One ready, we can't recalled Bob.
Speaker 2 (32:30):
And if you don't think credibility from up high, Matt
doesn't matter. I got some everglades from you and trumpions.
Don't be emailing me. You know I'm right. I'm here
to help. You know who doesn't help the people? Kisses?
(32:50):
You know what? Even when he does silly and don't
get me sucked. Well, you know what, I can't blame
his minions going on TV and BS ing for him.
I can't blame them. They got a job to do
right on the other end. A couple of things, just
a couple of things. So have you heard about the
(33:17):
big complaint in Texas that the Republicans want to read
district and all that crap, and look how bad they are.
And they want to readdistrict this, and they want to
redistrict that so they don't lose Texas, And look how
bad the Republicans are They're terrible. They're terrible. They're terrible.
They're terrible, They're terrible. Right, just want to make sure
(33:45):
you know the story they in California, the Democrats are redistricting,
which would eliminate all nine Republican House seats in California.
Do you know that? So those Democrats are full of crap.
(34:08):
They're bs artists. Do you know here in Florida they
once drew up a map for a district that look like,
how do I describe a boomerang? No, really, a boomerang
a j The Democrats are so damned crooked on elections.
(34:29):
It's not even funny with the redistrict thing they've been doing.
They wrote the book on it. So I just want
to let you know, if you start reading that story
and stuff, they're lying. Oh look at that, we're hitting
both sides. They're lying. They are the kings and queens
of redistricting. They've been doing it forever. So what do
(34:54):
they say? What's the line turned about? Is fair play?
The Republicans are giving them a little bit of their
own medicine. And I don't know what the outcome is
going to be, but I know that was a little
front and center. Next, so the scumbags at the New
(35:14):
York Times put out a picture of a starving kid
in Gaza without saying, oh, look, the kid has big
illness instance a baby, and the reason he looks like
that is because of his illness. And they put it
out and eight million people on their x feed or
(35:35):
whatever feed see it. And then they apologize, but with
a non apology, and then they send that out to
eighty thousand people on a different feed. But of course
they run all these stories about starvation and Gaza. Do
you know how many millions of pounds of food Israel
Is sent in there? A bazillion, which they don't have
(35:57):
to do because in more you're not supposed to give away.
So I'm just letting you know you can believe whatever
you want. I'm letting you know because I have a
radio show. It's all a lie. And there's still fifty hostages,
and the New York Times, by the way, and all
of them, by the way, the scumbags, the murderers, the
(36:19):
pricks at Hamas, who I hope they all die a
big death and a painful death. They released the video
of one of the hostages that looks like is eighty
pounds showing him digging his own grave and publish it,
and the New York Times and the Post and all
of them, not one of them, CNN, MSNBC. That's not news, right.
(36:46):
They hate Israel because they hate democracies. They're jealous of
their great wealth and success and the people there. They
can all go screw themselves. I had to bring that up.
Does that matter to the markets, I'm gonna say not really,
but it matters to your handsome and buffed host who's
(37:07):
getting more buff by the day, Sidney Sweeney. Have you
seen that one? And you want to know why the
left keeps why Donald Trump's the president, and why the
Republicans have the House and Senate? Anybody see those ads
of the Sidney Sweeney? And I don't know who she is.
I guess she's a very popular actress right now. She's
(37:29):
been in some shows. I think I saw her maybe
in something. I don't remember what it was, but I
don't know. Well, so she doesn't add for jeans. And
I watched a professor on TV said it has a
maagerie imagery of Nazism, and I decided to watch the
(37:50):
ads and I didn't see any jack boots, and I
didn't see anybody hall Hitler ing with the arm out.
I didn't see any swastickers. I saw a good looking
girl where jeans and talking about them. The left, the
woke left, is insane. They can make up the remake
of One Flew Over the Cuckoo's Nest. I don't think
(38:13):
there's enough straight jackets. I don't think there's enough rubber
rooms for these people. They do. They actually sit in
a room and just come up with these things. An
innocent gene commercial. Then somebody else said it's white supremacy.
What And then I look and I see, wait a minute, Beyonce,
(38:34):
I don't think she's white. Did a gene commercial also
that looks so much like this commercial with this Sydney Sweeney.
But this one was white supremacy. And they want to
know why they can't get elected. They want to know
why people are sick of them. You know, I call
myself mister logical. I'm just a logical person. You run
(38:58):
an ad with a good looking young lady showing genes
is sexy ad? I would call it boy because they
never sell sex on TV through advertisements, right, But I
think a lot of us, most of us are pretty
logical and we're laughing at this. It's stunning to watch.
(39:24):
And normally we go into midterm elections and I say
to you, boy, the Republicans are going to get kicked
in the teeth, and especially with Trump being very polarizing.
Not so sure about that. Why the left is insane.
They're insane. That's the best way I can put it.
(39:49):
Some of you in the Democratic Party better get a
hold of it and get back to being moderate and logical,
or you're dead. You're dead. Hey, that all said, you
have a great evening. Drive carefully and again I was
quite surprised by today. When you get home, do like
we do, quite simple. Make sure you hug your family.
Make sure you hug your children. They will feel better.
You'll feel better. I promise I'll be on with Varney
(40:11):
and Company tomorrow. I'm not so sure what hour it is.
It's nine to twelve Fox Business. Check it out and
you have a good evening, everybody. Always a pleasure to
be here. Bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Kultbom on Biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's Garykay dot com.
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