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 Kolbamb
your host. Hey, thanks for being with us today. Glad
you here, ladies and gentlemen, Happy that you are listening.
It is Monday, twenty second September two thousand and twenty five.
Hope you are having a good day. Hope you are
having a Hope you had a good weekend. And for
(00:37):
those tomorrow is Russia Shannah leading it to Yom Kippur
for those who celebrate happy, happy, happy, happy, happy and
healthy holiday, Happy new Year to all who will celebrate,
(00:57):
ladies and gentlemen. This is serious talk on everything that
affects you. We'll do the markets, the economy, your job,
your industry, and everything that affects it. And by the way,
there's a lot of things affecting it. As usual, I
(01:18):
get more emails these days on other things because there's
so many other things that are going on. We'll do
a little bit of that, and boy oh boy, I'm
gonna take somebody on today. You'll get the idea when
I get there and if you do not get this
radio show in your city, we'll post it at Garyka
(01:39):
dot com. It also be on our X feed, and
if you don't follow us on X you should just
put our name in. If you'd like to email us,
just be nice, and again very important if you don't
get this radio show in your city, again Garyka dot com,
Biz tv Tube channel, a bunch of podcast apps, and
(02:03):
we got a few other things up our sleeve as
we move forward, Ladies and gentlemen. Okay, and if you
email me, just be nice. If you like hamas, don't
email me. I want to get right into it. So
(02:25):
we have posed the question in the markets and whether
we're going to get some sort of nineteen ninety nine
move in the artificial intelligence space that some of the
things that have been going on are reminding me of
way back then. I wrote to my peeps this week
(02:45):
this weekend about it. I added up. And by the way,
none of this is about you buying, selling, shorting, or covering.
None of this is about bearishness or bullishness. We're just
stating some things and we just want to keep it
in off file manager. So I have said to you
(03:08):
a bazillion times throughout the years. Be careful, be careful
of no sales companies, because when it's all said and
done and the music stops, they all crash. But in
the meantime they can go much higher. And recently and
(03:31):
to today, nuclear stocks, drones, robotaxis, quantum computing. There is
a crapload of companies that have no sales. Some of
them have been public trading for twenty years with no sales,
(04:00):
yet their stocks have lit up like a pinball machine
as of recent And I added up this weekend. And
when I say I added up, believe me, I did
not touch the surface, but I pretty much counted fifty
(04:23):
billion dollars of market cap in these areas with no sales. Now,
let me repeat that again, no sales. I'm looking at
one right now that is Says engages in the development
(04:43):
and commercialization of next generation nuclear fuel technology. Terrific. It
has been public and we are not making this up
since two thousand, twenty five years of no sales, and
it's been able to stay a public company in business.
(05:06):
They still have no sales, they're still losing money, and
in the last two days the stock has gone from
fifteen to twenty A year ago, was three No, not kidding.
The high of it all time was four thousand. No, no, no,
(05:27):
we're really not kidding. They must have done a bazillion
reverse stock splits. So we're just letting you know it's
still going on. Today. I saw some of these nuclear stocks,
(05:48):
one of the strongest ones open up down thirteen or fourteen,
finished up five no sales, but they say they're going
and they probably will. But as I look at it,
it has a twenty one billion dollar market cap. Twenty
(06:09):
one billion, and I can go on and on. We're
just letting you know a lot of things that we
are seeing right now. Remind me of ninety nine. Buy
at any price because it's on the move, and make it.
(06:30):
I know some very good O'Neil type, fundamental type people
that are on social media touting no sales companies when
they would never do that, getting caught up in and
(06:53):
let me repeat, they're probably going higher. You never know
where they stop. We're just letting you know. Just keep
it in your file manager, because when the music stops
by precedent, if nothing changes, remember those words, if nothing changes,
(07:14):
they're all going to crash, and I mean crash nineties.
So just letting you know, and again they look higher.
I'm seeing some drone stocks, drones I am seeing. Let's see,
(07:38):
here's one Quantum Computing eight point two billion dollar market cap.
The stock just went from eighteen to twenty eight in
the last five days. It was seventy two cents a
year ago. They have no sales, buy at any price.
(08:00):
Eight point two billion dollar market cap. Again, we're not
here to rip on the companies. I'm sure they're all
trying to become great. We're just letting you know, always, eventually, always, eventually, always, eventually,
(08:27):
valuations are going to matter, and we're letting you know.
It's getting what's the word, it's getting more frothy. I'm
seeing dollar stocks in the last week go to three. No,
I'm not mentioning them. You'll have to find them yourself.
(08:49):
I do not want to be responsible. I just wanted
to start with that. But on the other end of
the spectrum, have you ever heard of met Sarah? I
have it. It was an eighteen dollars ipo in February.
They were bought out today at sixty percent cent move today.
(09:10):
They were bought out by Pfizer. They have no sales.
Pfizer is buying them I think, for about six billion
dollars with no sales. Obviously they're making a bet that
whatever they do is going to work out very good.
(09:31):
By the way, there was a ten million share short
position in that stock going into today. In other words,
whoever short drank a lot of tequila today because they
lost their butts. So again, again we've seen no sales
(09:52):
stocks fly. We've told you we've seen a bunch of
no sales biotechs bought out throughout the years. We just
want to make sure you know from our studies of history,
we're starting to see some pretty damn good froth. By
the way, MTSR being bought out for forty seven fifty
(10:17):
per share in cash, but the stock closed at fifty three.
Huh oh, there's some things tied to it also. Anyway,
that's the skinny on that up next, Nvidia news, Apple stuff.
I'm Gary. This is the one on the Investor's Edge. Hi,
(11:02):
I'm Gary Kolbaum hosted a nationally syndicated radio show, Investor's Edge.
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Speaker 3 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 4 (12:09):
You're listening to. Okay, Investors Edge.
Speaker 5 (12:15):
The last bastion of quality programming.
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With Gary called Bob. It doesn't get better than this.
Speaker 2 (12:25):
Okay, So earlier today market had a decent tone, nothing spectacular.
The Dow finished up sixty six today at twelve oh two.
Came across my little thingamabob here, Nvidia and open Ai
(12:49):
announce a letter of intent for a landmarkster strategic partnership.
And I'm gonna tell I'm gonna read it to you,
but I don't have a clue what the hell it
means to deploy at least ten gigawatts of Invidious systems
for open AI's next generation AI infrastructure to train and
(13:11):
run its next generation of models on the path to
the ploying, deploying superintelligence to support the partnership. And Vidia
intends to invest one hundred billion in open Ai progressively
as each gigawatt is deployed. Well, maybe it's me, but
(13:33):
it sounds like that Nvidia is gonna give open Ai
billions to buy Nvidia chips. I could be wrong, but
that's what it sounds like. Here's what juiced and Vidia stock.
The CEO jensingmong tell CNBC that today's news is additive
(13:56):
to everything in terms of guidance. It is given already
additive on top of so in video, which has been
dormant since earnings, and I'd just been sitting there watching
its boom just popped up, finished up six dollars and
seventy cents today, which is a good move for nvideou
(14:21):
I gather My good buddy Gil Morales would call this
a pocket pivot with volume, a move through one point
eighty well, a move through today's highs, which was a
little bit above a few weeks AGO's highs, and it
goes higher. Buh And what did that do? I can
(14:43):
tell you that his symbols C E G G E
V V S T E M E f I x
A g x v R T NBI S these are
all kind of the data center building, construction of the
(15:06):
data center energy type stuff. Stocks all had good moves today,
and I will tell you it is news driven, but
I will tell you it really looks set up for
higher prices going forward. I wish the move was not
(15:26):
on any news, but it was so just letting you
know those symbols. We're not telling you to buy sell
short cover. We're just letting you know the very good setups.
And if Nvidia can bust above range, it's going higher.
(15:46):
Next Apple, well, I must tell you I must admit something.
I love admitting things of my foibles. Notice the words.
On Friday, Apple made this technical move that I should
(16:11):
have bought, but I didn't. It was up another eleven today.
It is being announced or the thought process, and Apple's
not arguing Apple their new phone. Looks like there's some
(16:33):
strong demand for the latest iPhone. So not only Apple
on the move, but some of the suppliers also, by
the way, Taiwan Semi Big, one of those Cyrus Logic,
Corvo and some of those names. So that helped the
NASDAC also. And let me just give you a little
technical picture of Apple. It broke above the two forty
(16:57):
one and change on Friday, broke above the two fifty
back from February, and the old high was two sixty.
I can never guarantee or ever promise anything here. I
will say this. It feels like it's going to take
out that two sixty. Also very high volume Friday and today,
(17:19):
just letting you know, also juiced author the AI Oracle,
remember that gaped up big time. I think on Friday.
I said to you it looked like it did some
defense after pulling back from the gap up nineteen bucks
today to three hundred and twenty seven with volume, so
(17:41):
definitive buying in that space. What else, uh tesla. So
in case you didn't know, they had the Charlie Kirk
Memorial in Arizona yesterday and Elon Musk was sitting with
(18:04):
the president, and I will tell you that there are
people out there saying they hired people that read lips
and they were saying to each other nice things and
good that you're here. I missed you. So Tesla is
up nine bucks today, but you know, Tesla broke above
(18:29):
range at three point sixty. It's four thirty five, the
old highs of four eighty eight, probably going there with
their crappy numbers. And why would it go there? Robotaxis?
What did we say before? Robotaxis, drones, quantum computing, nuclear
So Tesla on the move also, and if Tesla and
(18:53):
Apple and a n Vidio are on the move, well
the Nasdaq up one fifty seven today, need I say more?
And then also the semiconductor strong move in those equipment
makers again, Applied Materials, LAMB Research, klac ASML Holdings, and
(19:15):
Terror Dyne. I didn't see any news today, but oh
it got upgraded today. That was up a juicy ten percent.
And that's been a weaker name. So the semiconductors again
strong again, nice the big indices, good day. And then
(19:38):
gold We bought the three hundredth We bought the eighteen
week breakout. We were talking to you about it every
single day on when it broke out. We told you
about it. The breakout was three eighteen. We bought it.
We thought it was gonna break out. We paid three
fourteen and change and we were gonna buy more moving
(20:00):
above three eighteen, and on that Tuesday they gapped it up,
so we didn't. It's three forty five already a few
weeks the gold miners and Fuego so big bull market
going on in gold here in spite of the fact
(20:21):
the many are now talking about it. So good day,
except these following areas up next on this the one
only investor's.
Speaker 5 (20:41):
End you're listening to, America is talking fallowing Investor's Edge.
Speaker 4 (21:16):
He's gotta be with the crowd is just on his
feet here.
Speaker 5 (21:20):
Said on a boy with Gary called Bob.
Speaker 3 (21:23):
I'm highly recommended. You're gonna feel better if you talk
to him and.
Speaker 2 (21:39):
Look once again to Investor's Edge. In late breaking news,
Hey Jimmy Kimmel is gonna be back on the air
tomorrow night. Yay. What happened to this world? By the way, well,
(22:00):
these stupid things matter. I couldn't give a crap. So
ABC's putting him back on good terrific. Hope he does well.
He should just have a show on MSNBC, though, because
all he does is rip the Republicans. But whatever. By
(22:22):
the way, I had mentioned the Charlie Kirk thing, and
as I said, I never met him, don't know anything
about him. I used to see him on TV every
now and then. About I think eight nine months ago,
I was on Instagram because on Instagram, you know what
I look for. I look for Bobby Flay and other
(22:43):
people that cook and workouts. And it just so happened
that one of his videos came up where he's in
a tent and he's debating students, and I had no
idea he was doing that. I had an idea what
turning point was. Anyway, I loved the videos, and believe me,
I disagreed with half the things he had to say,
(23:07):
easily half the things. But I loved the conservative part
of him, the good conservative part. But there's some things.
I let me put it better, there are certain things
I don't think any what's the necessity if you're conservative,
(23:28):
he's supposed to live and let live, right, Why comment
on every person, every type, every you know, you get
my point. Anyway, I love the debates. They were, you know,
three or four minutes long. They showed, and they had
some dufices come up, they had some other people come up,
curses living hell out of the guy, and he just
(23:50):
sat there with a smile on his face. But I
loved the interactions, and we should have more of that.
That's why I say on this show, email me just
be nice, because I'm gonna respect you back unless you
like AMAS. So I thought it was terrific. I wish
more people do it. And of course, you know, uh,
(24:10):
some stupid, cowardly piece of crap murdered him. So I'm
on an airplane flying back and you know, I'm watching
football and switching back and forth. And then his wife
came on and I broke down in tears at my
(24:32):
seat watching this young lady forgive the murderer. I broke down.
I couldn't believe it. I wouldn't forgive him. In fact,
(24:52):
if I was in the courtroom, i'd jump over the
table and kick as you know what. But I just
thought that that was one of the more powerful things,
powerful moments I've seen the very long time. Powerful. Imagine,
(25:14):
imagine some piece of crap person did that and you
forgive him anyway, Just letting you know, just letting you know.
(25:38):
We segue again other stuff. We want to remind you
about the hot IPOs. Do you know stub hub just
came public. It was a twenty three and a half
dollar deal. They opened it up and this is three
(25:59):
of four were days ago. They opened it up at
twenty seven dollars and eighty nine cents. It's seventeen dollars
and forty cents now, just letting you know they at
this price, it's a six point five billion dollar market cap. Uh,
(26:22):
And that's showing they lose money three out of the
last four quarters. So our little theme on be careful
of hot IPOs continues, this being the latest. What we
have stated to you is they've been opening these initial
public offerings hot and they're just crumbling. And this is
(26:51):
the latest. We hope you have listened. We're watching other
IPOs come out and we'll let you know if that changes.
We're also noticing a lot of the IPOs that are
coming out are money losers. They lose money. If they
(27:14):
continue to lose money when we go into another bear market,
they will all crash. Also based on precedent. We'll keep
you advised and also of course we'll let you know
if the market gets in big trouble. How's that. But
(27:39):
stub hub is the latest, that's all I can tell you.
Quite interesting. Twenty seven and change down to seventeen, by
the way, in four days. So the people who did
(28:00):
that deal are probably getting to talking to but they
don't care. As long as they get the deal done,
they get their big fees, and everybody's happy. Camprier. So
going into tomorrow, we're going to be watching these AI setups,
starting with Nvidia, which I was hoping to stay dormant
(28:23):
for a while. The data centers, the constructor of data centers,
the energy of them, they're all setting up right now
for a further move. As quite the few popped off
the fifty day moving average today like a trooper. Now
(28:49):
I did want to repeat on the Nvidia back in
ninety nine, you had a bunch of this, just so
you know, you know what that is. You cut deals,
You give a bunch of money to somebody, or lend
a bunch of money to somebody, and they buy your stuff.
(29:16):
They call it vendor financing. If I do recall, we're
going to do some investigating on that something you really
don't want to see. But for today, pretty darn good day.
One of the bad ones today is Meta got hit
for a little bit in that TikTok. Some deal is
(29:41):
cut and I guess Oracle is going to be part
of it, and this was going to be part of it,
and that's going to be part of it, and the
algorithm will stay here. So China couldn't do this and
do that. They were never I even said this on
TV Friday. There's no way in hell any politic titians
getting rid of TikTok. There are so many businesses on
(30:04):
there and a lot of young voters. I mentioned earlier.
Housing stocks another bad day because interest rates ticked up
a little bit more. I have to tell you a
lot of retail stocks act like the so south end
of the northbound jackass. I have to tell you, I
believe I mentioned recently, I thought some of the travel
(30:27):
related was getting in trouble. They are. They're topping them out.
I noticed Hilton is topped out. I noticed Hyatt is
topped out. I notice Marriotte topping out. I notice, let's see,
is it Alaska Air? Alaska Air topped out, how's uh
(30:49):
Sky West topped out? How's the big ones? United still
looks okay, Delta a little topped out, and American topped out?
So some of these travel related. And a reminder on
food and beverage bear Market. We've been warning you about
(31:17):
the food and beverage, and now tobacco is getting hit too.
These are the consumer staple areas. And if you go
look at something called x LP, that's the ETF for staples.
Not good up next whatever else we have in store?
Oh and NBC, Yeah, NBC.
Speaker 4 (31:42):
NBC, you're listening to what are you waiting for?
Speaker 1 (32:18):
One?
Speaker 2 (32:19):
Too? Ready? Go?
Speaker 4 (32:25):
We carry called Bob.
Speaker 2 (32:37):
By the way. The next time I tell you something
is an eighteen week tight range bound action and then
it breaks out. Go look at it. The GLD has
gone from three eighteen to three forty five one two
(32:58):
three weeks. The gold miners, I mean, holy crap, breakout
was it fifty five bucks? Uh one two, three, four,
five six weeks ago? Fifty five to seventy four gold miners.
And the clue was they broke out while the gold
(33:21):
was sitting. And as we have said to you, miners,
leading is usually bullish scenario. Now I'm asked a thousand
times right now, is it a worrisome sign what gold
is doing? Here's my answer so far. No, But watch
(33:41):
the ten year yield. Do you know? Ever since the
Fed lowered rates, we've not had a down day on yields. Interesting, ladies, gentlemen.
We love doing other things here. We do lots of
(34:03):
the market, lots of the economy, and if we have
to do full markets, we do that also. But there's
so much crap going on we just have to We
like warning you, as you know, we're in nobody's tank.
We're not Republican, we're not Democrat, we're not Whig Party,
we're none of that. We're tired of all of them.
(34:26):
But we're really tired of the media. Let me explain
what they did today. And we say this because we
just want you to remember because a lot of people
get their information from these people and they believe it's
in my world, the ms, the truth. But they are
(34:50):
a horror show these days. Let me explain one thing
that happened this morning. The Today Show. You know, they
do some news and then they bring on celebrities and
then they have a food part and all that stuff.
But they did a story Today in a man walked
(35:14):
into a wedding a country club and shot the place up,
killed somebody in New Hampshire. The local news interviewed the
(35:45):
an eyewitness that explained that themand the murderer yelled out
free Palestine. The Today Show reporter played the interview and
(36:11):
cut it off before the person who was interviewed said
that the man yelled out free Palestine. The reporter never
mentioned the free Palestine part. We just want you to
(36:37):
remember these little things. We are nothing more than their marks.
If we let them. They don't care about us. They
lie all the time only because they do take sides.
(37:00):
It would not have fit their template if they would
reported the free palacetine. They actually cut the interview off
because I don't need to go further. We just want
you to remember this going forward. We want you to
remember when ten million people were allowed in on purpose,
(37:24):
they never reported it, never reported on Biden. And six
months before the election, when the poll numbers for Biden
were worse than Root Canal and Jockets on immigration, Biden
had to pivot and he got the media to go
on and interview Biden people and blame the Republicans for
(37:47):
the ten million people coming in, even though for the
four years Biden had said the boarder secure, everything's fine,
and then when things went out and got out of hand,
said there's nothing I can do about it. The media
covered it. They covered Hunter Biden. Total corruption, total corruption
(38:14):
of the family. We want you to remember this. We
want you to remember the climate scam. Has anybody ever
asked Al Gore how twenty some odd years ago he
said we had ten years or else, even though the
earth was four point five billion years old. Do you
(38:35):
think anybody has asked him how he's worth two hundred
million dollars? And how do he make it? You think
they did? You think they're going to No, they take sides.
And we're not talking opinion people. We're talking the anchors
and reporters, the people that are supposed to just report
(38:56):
the news, not make up the news. So here we
have it again where they had to go in their
little production meeting this morning and they were told to
cut the part of the interview where the guy said
the murderer yelled out free Palestine, and they told the
(39:19):
reporter do not bring that up. We just want you
to remember this as we roll forward, because they don't
care about you. We do, and all we ever ask
for is the freaking truth. Just the freaking truth. That's
(39:40):
all we want, nothing more, nothing less. That's why we
call out Trump, That's why we called out Biden, That's
why we called out Obama, That's why we called out Bush.
Because we don't care about anybody. We just want good
policy and the truth. What a concept? Huh. Hey, you
(40:01):
all have a great evening. Drive carefully. Let's see if
Nvidia can bust out tomorrow. That would be pretty darn
good going forward. When you get home, do like we do,
quite simple. Make sure you hug your family, make sure
you how your children. They will feel better, You will
feel better. I promise, stay well, be well, really appreciate
you listening. Good night, all bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Caultbomb on biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's garyka dot com.