Episode Transcript
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Speaker 1 (00:01):
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:13):
And Welco once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you're here, ladies and gentlemen, Happy that you are listening.
It's Friday, It's the nineteenth of September twenty twenty five.
Hope you're having a good day. As always, we have
plenty to talk about when it comes to you and
(00:37):
everything that affects you. We will talk markets, we will
talk economy, we will talk your job, we will talk
your industry. We'll talk them you know, the Morlocks in DC,
and much more. Hope you have a good week and
(00:59):
I'm up in the North Feast taken care of some affairs.
If you do not get this radio show in your city,
we'll post it at Gary k dot com. We'll also
post it on our x feed, and if you don't
follow us on X put my name in it will
take you to our X feed. We'll also post it
(01:21):
on the podcast apps. You can also see it at
the biz tv YouTube channel. And let me state again
if we are not in your city, garyk dot com.
Simple as that, and of course if you'd like to
email me, just be nice. So we'll get lots of
(01:46):
questions on the market, in the central bank, the central bank,
and the markets and the fact that interest rates have
actually gone up on the long end things. First, let's
start out by saying, at the end of the day
(02:06):
to day, I think there was some rebalancing, and you
had some wild moves at the close today, and some
big names today Microsoft had a big move, Oracle at
a big move, Robinhood at a big move, and we
say big. You could go look at the last five
minutes and you'll see what we're talking about. A few
(02:30):
things are starting to show itself. And as we tell you,
if you can avoid the bad, forget the good, if
you can afford, if you can avoid the bear markets,
the bear trends, the down trends, if you can just
(02:51):
avoid those at all times, you're gonna be away ahead
of the game. And then the second part finding the
really good up trends. So first off, at the close today,
Dow up one seventy two, and if I get my
(03:11):
bearings correct, I can tell you what made the moves
in the down today it's about to show up for
a change m jen a very weak down Name up
nine and change, very weak biotech Microsoft up nine and change.
(03:38):
That was one of those movers we were telling you
about at the end of the day. Just popped up
like five points for a Microsoft in the last few minutes.
And I think there was rebalancing at around three if. Yeah,
it went from five to twelve to five eighteen in
one minute. And I'm not making it up. Apple up
(04:05):
seven and change. So we're going to make a little
statement here on a couple of things. And as you know,
we're not going to tell you to buy, sell, short,
or cover, but we'll letting you know big name Microsoft. Oh,
by the way, Trip I believe was triple witching. That
(04:27):
did it? Also Microsoft, big name, heavy volume because of
the options expiration. Very good pivot above the fifty day
moving average at the close today. You may want to
(04:48):
look at that. That would be number one, number two Oracle.
Oracle had that huge gap to the upside at around
three point forty something, closed at three point thirty and
dropped down to two ninety. It just was too big
(05:12):
of a gap to the upside. We're letting you know
so far that two ninety to three hundred showing some
real good support, and of course at the end of
today got some juice off of the triple witching Apple.
(05:40):
You haven't heard me mention that Apple of seven sixty
today heavy volume. It was heavy volume before the triple witching.
We're letting you know. It broke above the last few
weeks resistance. We think there's a good chance. Well, this
isn't saying much. It closed the two forty five and change.
(06:03):
Two point fifty was the high in February, the old
high two sixty. Pretty sure we're going to see two
fifty unless the market craps out, which really the market
doesn't have that in mind. And maybe that two sixty.
We just mentioned Apple and Microsoft, two of the top
(06:26):
five big influencers out there, oracles on the NYSE, but
also an important name in UH technology. Let's continue. Tesla,
another top name, got an upgrade today which we couldn't
(06:47):
give a crap about. Again. Tesla broke above three sixty
eight on Monday out of about fourteen fifteen weeks range
four twenty six at the close today, now dealing with
lots of resistance going back to January, even December. Probably
(07:11):
going to rest a little bit in here, but looks
pretty darn good for higher prices on their crappy numbers.
Tesla a top seven name, catching my drift a little
bit here. I just mentioned Apple, Tesla and Microsoft three
(07:39):
of the top seven. Apple's number two, I believe Microsoft's
number three. En video. Not much I can say there,
range Bound hanging on the fifty day. Didn't too much today,
but certainly ain't hurting anything, and that would be the
number one influence right now. Not done. Meta was actually
(08:10):
down ten today at one time finished down a buck
eighty seven that also got juiced into the clothes. And
if Meta can break above the seven ninety six high
of August, leather leg up, especially if it breaks above
(08:34):
the big eight hundred dollar number. And as you know,
we are big believers in big numbers. And there's Meta,
another top seven name. Amazon. Don't have much to say
on Amazon right now, have to wait for earnings, last
(08:58):
earnings report. The stock app down, but it's held up
very very well, and I can tell you a move above.
Let's see if I can give you a decent number
on Amazon two thirty nine, and that gets going close
the two thirty one, as long as it stays above
(09:19):
the fifty day moving average has a chance if it
breaks below another story Netflix top ten name nothing range bound,
not a good reaction to earnings recently drifting, but just
back a little bit above the fifty day moving average.
(09:41):
A move above twelve sixty seven will have us talking.
But just range bound right now? Have you noticed anything
that I've not mentioned so far? Let's go to Google
new high today. I got to tell you what stopped
me from getting Google on the gap recently? Was it
(10:03):
was because of a Justice Department thing that I didn't
think was a big deal about not breaking up. It
was two thirty that day, it's two fifty four today.
That's two and a half weeks up almost ten percent.
We missed that. We just gave you out the top
(10:25):
big influential names, and what didn't I say? That'll be
up next on this the one only Investor's Edge.
Speaker 3 (11:02):
Hi, I'm Gary Kolbaum hosted a nationally syndicated radio show,
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Speaker 4 (12:05):
It's time to switch on the integrator units and to
get the brain cells working.
Speaker 2 (12:09):
You're listening to Okay, it could be fun Investor's Edge,
the last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bomb.
Speaker 2 (12:19):
It doesn't get better than this. Okay, what didn't I
say about these very important influential names, not one name?
(12:44):
Is it a bear market down trend bears phase? And
of course what does that mean? The QQQ another new
heinenday at the close the top seven names, or sixty
(13:06):
four percent of them as that one hundred. I just
gave you out the top seven names. And now Apple
may be joining in, which is number two maybe three.
So just letting you know when things change, if things change,
(13:32):
will be on you. If things change, when things change,
will be on you. But good finish today. Russell two
thousand was on the little weak side today. And why
is that? My stuff page wasn't good today? Interest rates
(13:54):
ticked up again today, not affecting these other areas. Housing
not acting well. Spastic is retail. What we mean by that,
retail's gone from great days to crappy days, to great
days to crappy days, to great days to crappy days.
(14:15):
And I got to tell you the outcome. There's only
a few retail stocks that actually look good to me.
There's a few strong. There's a bunch week. We've mentioned
to you that we're not thrilled with the travel related
a little roughed up again today, and I'd be wary
(14:39):
of that. We have told you about the restaurants. Another
bad day for the restaurants. Dardened down another eight bucks
today after gapping down yesterday. We want you as far
away from the restaurant stocks as possible. Does that mean
(14:59):
the econ me probably his a little story. Yesterday flew
out of Orlando International Airport. For lack of a better word,
(15:19):
it was quiet. It got a little crowded in the
little delta wing, but that's only because one of the
flights was four hours delayed in the delta lounge. Maybe
thirty to forty percent of normal landing in LaGuardia. Kind
(15:43):
of quiet. We asked the people at the taxis. They said,
very quiet. Ain't that interesting? Just pointing a few things
out because hmm, the cruise lines weaker, some of the
(16:06):
airlines weaker. Retail not that good. Housing stocks getting hit.
We'll keep you advised by the way. In housing in
Central Florida. In Central Florida Fantasy Land, prices are very
(16:36):
much coming down as houses are staying on the market
for much longer and sellers having no choice if they
want to lose their house, must lower prices. I was
looking at a house that recently went up for sale
for one point seventy nine. Not for me, but we
(16:59):
just walked within thirty days one point five nine, and
we think that is the shape of things to come
in many areas, and it is an outcome. Listen carefully
of just fantasy. We're seeing people put up houses for
(17:26):
a million that were four point fifty in twenty one.
They're going to have to get very lucky. Do I
see a housing disaster. No, but we'll let you know.
(17:51):
We think some areas. Go read about Vegas. Oh, by
the way, go read about visiting Vegas. They went too far.
The thirty dollars coffee and breakfast sandwich is just not
going to work. So I believe traffic is down. I
(18:12):
think what I read twelve percent, which is, by the way,
is a lot. So again we'll keep you informed. We
think something's up on the economy. Does that mean the
market's going to get bruised. It certainly has not as
of yet. And of course it certainly means easier money.
(18:37):
It certainly means the FED will lower rates even more,
and the markets love that. And as I have said
to you, unless we have a real troublesome, troublesome drop
in the economy, I think we're okay. And you know
(18:59):
what I mean by trumblesome, something of note will stay
on it. We have an idea what to watch. We're
all already giving you some clues and you're already seeing
it in the job market. We think some of the
(19:29):
reasoning are the higher taxes, yes, taris, and just the
business cycle. That's our take. If you have any input,
you'd like to email me on your industry, your job,
your city that you see that's standing out, email me
(19:56):
at gary k dot com, she called called bomb. We
absolutely positively would like to know what's up. And by
the way, we get a lot of good information from
the peeps out there across the country. We get emails
(20:18):
from across the world and hear from them on what's
going on over there. I can tell you what's happening
in London right now, So stay tuned on that up next, this,
(20:38):
that and the other thing and whatever else. This is
the one only Investor's Edge.
Speaker 4 (21:11):
You're listening to.
Speaker 2 (21:12):
America is talking calling Investor's Edge. He's gotta be bet
with the crowd is just on his feet.
Speaker 4 (21:19):
Here said her on a boy with Gary called Bob
come highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:39):
And once again to Investor's Edge. So on uh on
General Hospital many months ago. Monica Cordamain in real life,
(22:04):
Leslie Charleston passed away. They finally are putting it into
the storyline. I have to tell you. I have to
tell you that I have been watching General Hospital since
the late seventies. When I was in college. My roommate
(22:25):
was selling This is when General Hospital was as hot
as can be. Luke and Laura. We would sell sweatshirts
and shirts, and it used to just say on the
I'd rather be watching General Hospital and it was so
hot we would sell out within minutes. And I must
(22:45):
tell you this may sound crazy since I've been watching
so long, I'm really feeling the death of these people
I have never met that are just actors. Does that
make any sense? I was very upset in the last
two days watching Well died in real life people I
(23:11):
have watched. Think about that. Wow, seventy eight almost forty
some odd years. I know, don't tell me you don't either.
Stop you can stop. It's just like the people that
used to make fun of professional wrestling don't make fun
of professional wrestling anymore. So stop anyway. That really affected me,
(23:43):
really affected me. I gotta tell you the other part
of it. Almost every day I'm hearing about a death
of people I used to watch in sports that the
(24:06):
other day a Dallas cowboy passed away a famous defense
I don't want to need to mention names, but the
famous defensive player. And it's like, wow, all this time,
and as I have to tell you, I feel like
I've lost a decade. I feel like I'm missing a decade.
(24:29):
If you were called, we used to do shows for
my sons here on this show on their birthdays, and
people used to call in. Bands used to be calling.
Whoever would sing the best Happy Birthday would get prizes.
And I mean my kids were ten. Well, Aaron, who
(24:52):
was born in ninety one, is be thirty four this year.
Eric's gonna be thirty. Excuse me, Aaron was already thirty four,
Eric's thirty. I think we started with about year two thousand. Yeah,
(25:15):
when Eric was ten, we used to do these shows.
And again, I feel like I'm missing the decades. It's
just like it has passed. And now with my parents gone,
it just I'm experienced. I get experience. I guess what
(25:35):
everybody else has experienced in life. I'm no different than
anybody else. But I'm here to just tell you, man,
I think life is one big gigantic adjustment. To life
(25:56):
as it moves forward. That's what I think it is.
It's one big gigantic adjustment to everything that occurs. I
don't mean to be uh, you know, but I'm just
just thinking about that today because as the market was closing,
(26:18):
I was watching General Hospitals on in the last hour
of the market, and I was actually feeling down and
depressed over somebody I've never met, but I've been watching
the storylines forever. Does that make any sense? I'm pretty
(26:41):
sure you all agree. DOUT one seventy two, s and
P thirty two, NASDAK one sixty, NASDAQ one hundred and
one seventy one. As I said, the russell was a
little bit weak, Bitcoin in athereum not acting that great.
Gold gold miners just a monster move today. Gold was
(27:10):
up another one percent, but the gold miners were up
five percent. This is revenge of the gold miners that
have been totally underperforming the medal for a very long time.
And by the way, the GDX has blown past the
(27:31):
old highs of twenty eleven. I think the GDX came
out in two thousand and six. That's the gold miners.
The juniors are not back to the highs yet not
even close. Actually, those are the more speculative names, and
a lot of them went down to a dollar. But
I gotta tell you we own gold. We don't own
(27:54):
enough that eighteen week breakout. We but man, we should
have bought the miners too, and we did not. We
told everybody to buy the miners, we did not. I'm
happy with everything else we bought, But dang, little did
we know that in a short period of time the
(28:18):
miners would play huge catch up to the market. And
by the way, don't think for a second we're not
thinking about that. I don't know if it's the greatest
thing longer term, that golden skyrocketing. Not so sure. That's
(28:44):
good news. But right now, market acting good, market acting fine.
In news today, well I got a few things. Number
One in the news, social security retirement age could jump
(29:10):
as White House considers options. A potential increase to the
retirement age is under consideration by the Trump administration. The
move is this being discussed in part that keeps social
Security from reaching insolvency. Remember what we told you. The
government screwed up. It's a terrible Ponzi scheme and they
(29:33):
never prepared for higher life acpectancy because of great drug
advancements and just way of life. Whether or not they
do it or not, I don't know. It is partially
due to the number of workers to retirees. Get this.
(29:56):
In nineteen point fifty there were sixteen point five work
retiree Now this two point eight as of twenty thirteen.
Why does that matter, because the Ponzi scheme ends if
you don't have enough workers. Remember, they stole your money,
(30:19):
the money that was taken out of your paycheck to
go towards social Security for yourself, it's gone. It's all IOUs.
That's why they added to our debt every year. You
know how they say, well, most of it's entitlements, including Medicare, Medicaid,
(30:39):
and Social Security. But we thought we put our own
money into that. Welcome to the Ponzi scheme. They're also
talk about raising increased payroll taxes by three point sixty
five percentage points to close the funding gap. Just letting
(30:59):
you know. I am sure the Marxist Party is gonna
yell and scream about this, but they are a big
cause of it. Remember, Marxists don't care about you. They
only care about their power. But we think this is
gonna be front and center as we move forward. Ladies
(31:26):
and gentlemen, just letting you know in the news. H well,
you know the president's been suing everybody. The judge struck
down his fifteen billion dollar lawsuit against the New York Times.
All right up next, what else we got for you?
(31:46):
This is the one on the investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 2 (32:16):
What are you waiting for?
Speaker 1 (32:18):
One?
Speaker 2 (32:19):
Not too ready? We can't recalled Bob And once again
(32:47):
to investor's edge. Uh, As you know, I have really
pulled no punches on the last president. I really believe
he's the worst ever and I really do. The major
increase in federal spending leading to a major increase in
(33:10):
deficits of over two trillion per year, we can start
with that. That's number one. How about the inflation, which,
by the way, I don't blame them four but he
did say that it was transitory, and you know what
(33:31):
happened from that. But another part of the equation that
the media has drowned out, because as you know, the
media sucks, they don't care about you, is that the
women in Afghanistan are back in the dark ages because
we left. And I'm pretty sure We only had like
(33:52):
a couple of thousand soldiers there, and we also gave
up the air Force base, Bagram Air Base. It was
a major launch point for US for counter terrorism and
(34:16):
it kept things quiet. Joe Biden was told by his
military people, don't do it, and he still did it.
People died because of it. The Taliban took over. As
we said, the women are back in the dark ages,
and the media does not dare report that because again
(34:40):
they suck. Well, we'll letting you know that are in country.
This administration are now reaching out. The Taliban have not
agreed to the proposal, but we want that air base
(35:02):
back again, and we want to go back to where
we were, and I gather we're gonna have to make
some sort of concessions that we wouldn't have had to
make if we were still there. Oh and by the way,
we left a ton of artillery and munitions in the billions.
(35:26):
Joe Biden, the worst freaking president ever. Oh yeah, ten
million people across the border. Oh that's right, while he
lied to us about it, and of course the media,
who again sucks, covered up for it. So just letting
you know that's going on. I'd be happy to see that.
(35:53):
You know how supposedly the left are all about the
women and this and that. Well obviously not about the
Afghani women. I would love. And just so you know,
I care about the world, not just this country. So
we'll let you know. We'll see how that plays out.
(36:17):
Just another instant on God Joe Biden sucks not to
mention his whole family is a bunch of corrupt You
know what. Oh, I know, I'm going to get the
emails on the Trumps. I know we've already discussed that.
(36:37):
We'll discuss it again going forward. Hey, in the news,
and this is not by accident headline AOC No, really,
that AOC is looking at running for president in twenty
twenty eight. No, I'm not kidding this buffoon. I got
(37:02):
news for you. I may run for president. If she
runs for president, she could not last five minutes in
a debate with me, by the way, I'm not so
sure I'm kidding about that anyway. This Jew hating, Israel
hating control freak Marxist has now put it out there
(37:26):
that she is looking at possibly positioning herself to be
president of the United States in two thy twenty eight.
What the hell happened to this country. Of course, she
(37:47):
would be running against the bozo running California. I think
probably Buddha Jeedge will run. I believe the governor of
Pennsylvania will run. All so there'll be a slow Hopefully
I'm around to cover it, and again I may have
(38:11):
to run. That's all we need is a Marxist control
freak running this country. Oh wait a minute, don't we
have a control freak running the country right now? Answer? Yeah. Tariffs,
(38:33):
more tariffs, negotiations with businesses, running business from the White House,
giving out gifts, taking away gifts, and all that crap. Anyway,
(38:56):
that was in the news of today, and that was
by no accident. The next thing to happen is I
do believe the Supreme Court is going to take up
the tariff thing in the next month. Boy, I hope
they stop it. I know what the President's saying. It'll
destroy the economy. No, it won't. Higher taxes is bad
(39:21):
for the economy. They'd be doing them a favor. But
I believe at six' three there and they tend to
vote for the. Right, again we'll keep you. Informed, Lastly
(39:41):
Kamala harris has a book coming. Out she blasts everyone
From biden on down and for such a tolerant. Party
Kamala harris says she did not pick Buddhaj edge as
vice president because he's. Gay Kamala harris is a. Homophobe
(40:03):
isn't that? Precious you'll have a great. Weekend drive carefully
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 will feel. BETTER i,
promise stay will be. Well always appreciate. You, listen don't
forget if not in your. City garykay dot, Com bye bye.
Speaker 1 (40:21):
All 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 garykay dot. Com that's garyka dot.
Com
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:13):
And Welco once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you're here, ladies and gentlemen, Happy that you are listening.
It's Friday, It's the nineteenth of September twenty twenty five.
Hope you're having a good day. As always, we have
plenty to talk about when it comes to you and
(00:37):
everything that affects you. We will talk markets, we will
talk economy, we will talk your job, we will talk
your industry. We'll talk them you know, the Morlocks in DC,
and much more. Hope you have a good week and
(00:59):
I'm up in the North Feast taken care of some affairs.
If you do not get this radio show in your city,
we'll post it at Gary k dot com. We'll also
post it on our x feed, and if you don't
follow us on X put my name in it will
take you to our X feed. We'll also post it
(01:21):
on the podcast apps. You can also see it at
the biz tv YouTube channel. And let me state again
if we are not in your city, garyk dot com.
Simple as that, and of course if you'd like to
email me, just be nice. So we'll get lots of
(01:46):
questions on the market, in the central bank, the central bank,
and the markets and the fact that interest rates have
actually gone up on the long end things. First, let's
start out by saying, at the end of the day
(02:06):
to day, I think there was some rebalancing, and you
had some wild moves at the close today, and some
big names today Microsoft had a big move, Oracle at
a big move, Robinhood at a big move, and we
say big. You could go look at the last five
minutes and you'll see what we're talking about. A few
(02:30):
things are starting to show itself. And as we tell you,
if you can avoid the bad, forget the good, if
you can afford, if you can avoid the bear markets,
the bear trends, the down trends, if you can just
(02:51):
avoid those at all times, you're gonna be away ahead
of the game. And then the second part finding the
really good up trends. So first off, at the close today,
Dow up one seventy two, and if I get my
(03:11):
bearings correct, I can tell you what made the moves
in the down today it's about to show up for
a change m jen a very weak down Name up
nine and change, very weak biotech Microsoft up nine and change.
(03:38):
That was one of those movers we were telling you
about at the end of the day. Just popped up
like five points for a Microsoft in the last few minutes.
And I think there was rebalancing at around three if. Yeah,
it went from five to twelve to five eighteen in
one minute. And I'm not making it up. Apple up
(04:05):
seven and change. So we're going to make a little
statement here on a couple of things. And as you know,
we're not going to tell you to buy, sell, short,
or cover, but we'll letting you know big name Microsoft. Oh,
by the way, Trip I believe was triple witching. That
(04:27):
did it? Also Microsoft, big name, heavy volume because of
the options expiration. Very good pivot above the fifty day
moving average at the close today. You may want to
(04:48):
look at that. That would be number one, number two Oracle.
Oracle had that huge gap to the upside at around
three point forty something, closed at three point thirty and
dropped down to two ninety. It just was too big
(05:12):
of a gap to the upside. We're letting you know
so far that two ninety to three hundred showing some
real good support, and of course at the end of
today got some juice off of the triple witching Apple.
(05:40):
You haven't heard me mention that Apple of seven sixty
today heavy volume. It was heavy volume before the triple witching.
We're letting you know. It broke above the last few
weeks resistance. We think there's a good chance. Well, this
isn't saying much. It closed the two forty five and change.
(06:03):
Two point fifty was the high in February, the old
high two sixty. Pretty sure we're going to see two
fifty unless the market craps out, which really the market
doesn't have that in mind. And maybe that two sixty.
We just mentioned Apple and Microsoft, two of the top
(06:26):
five big influencers out there, oracles on the NYSE, but
also an important name in UH technology. Let's continue. Tesla,
another top name, got an upgrade today which we couldn't
(06:47):
give a crap about. Again. Tesla broke above three sixty
eight on Monday out of about fourteen fifteen weeks range
four twenty six at the close today, now dealing with
lots of resistance going back to January, even December. Probably
(07:11):
going to rest a little bit in here, but looks
pretty darn good for higher prices on their crappy numbers.
Tesla a top seven name, catching my drift a little
bit here. I just mentioned Apple, Tesla and Microsoft three
(07:39):
of the top seven. Apple's number two, I believe Microsoft's
number three. En video. Not much I can say there,
range Bound hanging on the fifty day. Didn't too much today,
but certainly ain't hurting anything, and that would be the
number one influence right now. Not done. Meta was actually
(08:10):
down ten today at one time finished down a buck
eighty seven that also got juiced into the clothes. And
if Meta can break above the seven ninety six high
of August, leather leg up, especially if it breaks above
(08:34):
the big eight hundred dollar number. And as you know,
we are big believers in big numbers. And there's Meta,
another top seven name. Amazon. Don't have much to say
on Amazon right now, have to wait for earnings, last
(08:58):
earnings report. The stock app down, but it's held up
very very well, and I can tell you a move above.
Let's see if I can give you a decent number
on Amazon two thirty nine, and that gets going close
the two thirty one, as long as it stays above
(09:19):
the fifty day moving average has a chance if it
breaks below another story Netflix top ten name nothing range bound,
not a good reaction to earnings recently drifting, but just
back a little bit above the fifty day moving average.
(09:41):
A move above twelve sixty seven will have us talking.
But just range bound right now? Have you noticed anything
that I've not mentioned so far? Let's go to Google
new high today. I got to tell you what stopped
me from getting Google on the gap recently? Was it
(10:03):
was because of a Justice Department thing that I didn't
think was a big deal about not breaking up. It
was two thirty that day, it's two fifty four today.
That's two and a half weeks up almost ten percent.
We missed that. We just gave you out the top
(10:25):
big influential names, and what didn't I say? That'll be
up next on this the one only Investor's Edge.
Speaker 3 (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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(11:25):
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where you would like to be, call us to make
an appointment for a complementary portfolio review. The number to
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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 4 (12:05):
It's time to switch on the integrator units and to
get the brain cells working.
Speaker 2 (12:09):
You're listening to Okay, it could be fun Investor's Edge,
the last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bomb.
Speaker 2 (12:19):
It doesn't get better than this. Okay, what didn't I
say about these very important influential names, not one name?
(12:44):
Is it a bear market down trend bears phase? And
of course what does that mean? The QQQ another new
heinenday at the close the top seven names, or sixty
(13:06):
four percent of them as that one hundred. I just
gave you out the top seven names. And now Apple
may be joining in, which is number two maybe three.
So just letting you know when things change, if things change,
(13:32):
will be on you. If things change, when things change,
will be on you. But good finish today. Russell two
thousand was on the little weak side today. And why
is that? My stuff page wasn't good today? Interest rates
(13:54):
ticked up again today, not affecting these other areas. Housing
not acting well. Spastic is retail. What we mean by that,
retail's gone from great days to crappy days, to great
days to crappy days, to great days to crappy days.
(14:15):
And I got to tell you the outcome. There's only
a few retail stocks that actually look good to me.
There's a few strong. There's a bunch week. We've mentioned
to you that we're not thrilled with the travel related
a little roughed up again today, and I'd be wary
(14:39):
of that. We have told you about the restaurants. Another
bad day for the restaurants. Dardened down another eight bucks
today after gapping down yesterday. We want you as far
away from the restaurant stocks as possible. Does that mean
(14:59):
the econ me probably his a little story. Yesterday flew
out of Orlando International Airport. For lack of a better word,
(15:19):
it was quiet. It got a little crowded in the
little delta wing, but that's only because one of the
flights was four hours delayed in the delta lounge. Maybe
thirty to forty percent of normal landing in LaGuardia. Kind
(15:43):
of quiet. We asked the people at the taxis. They said,
very quiet. Ain't that interesting? Just pointing a few things
out because hmm, the cruise lines weaker, some of the
(16:06):
airlines weaker. Retail not that good. Housing stocks getting hit.
We'll keep you advised by the way. In housing in
Central Florida. In Central Florida Fantasy Land, prices are very
(16:36):
much coming down as houses are staying on the market
for much longer and sellers having no choice if they
want to lose their house, must lower prices. I was
looking at a house that recently went up for sale
for one point seventy nine. Not for me, but we
(16:59):
just walked within thirty days one point five nine, and
we think that is the shape of things to come
in many areas, and it is an outcome. Listen carefully
of just fantasy. We're seeing people put up houses for
(17:26):
a million that were four point fifty in twenty one.
They're going to have to get very lucky. Do I
see a housing disaster. No, but we'll let you know.
(17:51):
We think some areas. Go read about Vegas. Oh, by
the way, go read about visiting Vegas. They went too far.
The thirty dollars coffee and breakfast sandwich is just not
going to work. So I believe traffic is down. I
(18:12):
think what I read twelve percent, which is, by the way,
is a lot. So again we'll keep you informed. We
think something's up on the economy. Does that mean the
market's going to get bruised. It certainly has not as
of yet. And of course it certainly means easier money.
(18:37):
It certainly means the FED will lower rates even more,
and the markets love that. And as I have said
to you, unless we have a real troublesome, troublesome drop
in the economy, I think we're okay. And you know
(18:59):
what I mean by trumblesome, something of note will stay
on it. We have an idea what to watch. We're
all already giving you some clues and you're already seeing
it in the job market. We think some of the
(19:29):
reasoning are the higher taxes, yes, taris, and just the
business cycle. That's our take. If you have any input,
you'd like to email me on your industry, your job,
your city that you see that's standing out, email me
(19:56):
at gary k dot com, she called called bomb. We
absolutely positively would like to know what's up. And by
the way, we get a lot of good information from
the peeps out there across the country. We get emails
(20:18):
from across the world and hear from them on what's
going on over there. I can tell you what's happening
in London right now, So stay tuned on that up next, this,
(20:38):
that and the other thing and whatever else. This is
the one only Investor's Edge.
Speaker 4 (21:11):
You're listening to.
Speaker 2 (21:12):
America is talking calling Investor's Edge. He's gotta be bet
with the crowd is just on his feet.
Speaker 4 (21:19):
Here said her on a boy with Gary called Bob
come highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:39):
And once again to Investor's Edge. So on uh on
General Hospital many months ago. Monica Cordamain in real life,
(22:04):
Leslie Charleston passed away. They finally are putting it into
the storyline. I have to tell you. I have to
tell you that I have been watching General Hospital since
the late seventies. When I was in college. My roommate
(22:25):
was selling This is when General Hospital was as hot
as can be. Luke and Laura. We would sell sweatshirts
and shirts, and it used to just say on the
I'd rather be watching General Hospital and it was so
hot we would sell out within minutes. And I must
(22:45):
tell you this may sound crazy since I've been watching
so long, I'm really feeling the death of these people
I have never met that are just actors. Does that
make any sense? I was very upset in the last
two days watching Well died in real life people I
(23:11):
have watched. Think about that. Wow, seventy eight almost forty
some odd years. I know, don't tell me you don't either.
Stop you can stop. It's just like the people that
used to make fun of professional wrestling don't make fun
of professional wrestling anymore. So stop anyway. That really affected me,
(23:43):
really affected me. I gotta tell you the other part
of it. Almost every day I'm hearing about a death
of people I used to watch in sports that the
(24:06):
other day a Dallas cowboy passed away a famous defense
I don't want to need to mention names, but the
famous defensive player. And it's like, wow, all this time,
and as I have to tell you, I feel like
I've lost a decade. I feel like I'm missing a decade.
(24:29):
If you were called, we used to do shows for
my sons here on this show on their birthdays, and
people used to call in. Bands used to be calling.
Whoever would sing the best Happy Birthday would get prizes.
And I mean my kids were ten. Well, Aaron, who
(24:52):
was born in ninety one, is be thirty four this year.
Eric's gonna be thirty. Excuse me, Aaron was already thirty four,
Eric's thirty. I think we started with about year two thousand. Yeah,
(25:15):
when Eric was ten, we used to do these shows.
And again, I feel like I'm missing the decades. It's
just like it has passed. And now with my parents gone,
it just I'm experienced. I get experience. I guess what
(25:35):
everybody else has experienced in life. I'm no different than
anybody else. But I'm here to just tell you, man,
I think life is one big gigantic adjustment. To life
(25:56):
as it moves forward. That's what I think it is.
It's one big gigantic adjustment to everything that occurs. I
don't mean to be uh, you know, but I'm just
just thinking about that today because as the market was closing,
(26:18):
I was watching General Hospitals on in the last hour
of the market, and I was actually feeling down and
depressed over somebody I've never met, but I've been watching
the storylines forever. Does that make any sense? I'm pretty
(26:41):
sure you all agree. DOUT one seventy two, s and
P thirty two, NASDAK one sixty, NASDAQ one hundred and
one seventy one. As I said, the russell was a
little bit weak, Bitcoin in athereum not acting that great.
Gold gold miners just a monster move today. Gold was
(27:10):
up another one percent, but the gold miners were up
five percent. This is revenge of the gold miners that
have been totally underperforming the medal for a very long time.
And by the way, the GDX has blown past the
(27:31):
old highs of twenty eleven. I think the GDX came
out in two thousand and six. That's the gold miners.
The juniors are not back to the highs yet not
even close. Actually, those are the more speculative names, and
a lot of them went down to a dollar. But
I gotta tell you we own gold. We don't own
(27:54):
enough that eighteen week breakout. We but man, we should
have bought the miners too, and we did not. We
told everybody to buy the miners, we did not. I'm
happy with everything else we bought, But dang, little did
we know that in a short period of time the
(28:18):
miners would play huge catch up to the market. And
by the way, don't think for a second we're not
thinking about that. I don't know if it's the greatest
thing longer term, that golden skyrocketing. Not so sure. That's
(28:44):
good news. But right now, market acting good, market acting fine.
In news today, well I got a few things. Number
One in the news, social security retirement age could jump
(29:10):
as White House considers options. A potential increase to the
retirement age is under consideration by the Trump administration. The
move is this being discussed in part that keeps social
Security from reaching insolvency. Remember what we told you. The
government screwed up. It's a terrible Ponzi scheme and they
(29:33):
never prepared for higher life acpectancy because of great drug
advancements and just way of life. Whether or not they
do it or not, I don't know. It is partially
due to the number of workers to retirees. Get this.
(29:56):
In nineteen point fifty there were sixteen point five work
retiree Now this two point eight as of twenty thirteen.
Why does that matter, because the Ponzi scheme ends if
you don't have enough workers. Remember, they stole your money,
(30:19):
the money that was taken out of your paycheck to
go towards social Security for yourself, it's gone. It's all IOUs.
That's why they added to our debt every year. You
know how they say, well, most of it's entitlements, including Medicare, Medicaid,
(30:39):
and Social Security. But we thought we put our own
money into that. Welcome to the Ponzi scheme. They're also
talk about raising increased payroll taxes by three point sixty
five percentage points to close the funding gap. Just letting
(30:59):
you know. I am sure the Marxist Party is gonna
yell and scream about this, but they are a big
cause of it. Remember, Marxists don't care about you. They
only care about their power. But we think this is
gonna be front and center as we move forward. Ladies
(31:26):
and gentlemen, just letting you know in the news. H well,
you know the president's been suing everybody. The judge struck
down his fifteen billion dollar lawsuit against the New York Times.
All right up next, what else we got for you?
(31:46):
This is the one on the investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 2 (32:16):
What are you waiting for?
Speaker 1 (32:18):
One?
Speaker 2 (32:19):
Not too ready? We can't recalled Bob And once again
(32:47):
to investor's edge. Uh, As you know, I have really
pulled no punches on the last president. I really believe
he's the worst ever and I really do. The major
increase in federal spending leading to a major increase in
(33:10):
deficits of over two trillion per year, we can start
with that. That's number one. How about the inflation, which,
by the way, I don't blame them four but he
did say that it was transitory, and you know what
(33:31):
happened from that. But another part of the equation that
the media has drowned out, because as you know, the
media sucks, they don't care about you, is that the
women in Afghanistan are back in the dark ages because
we left. And I'm pretty sure We only had like
(33:52):
a couple of thousand soldiers there, and we also gave
up the air Force base, Bagram Air Base. It was
a major launch point for US for counter terrorism and
(34:16):
it kept things quiet. Joe Biden was told by his
military people, don't do it, and he still did it.
People died because of it. The Taliban took over. As
we said, the women are back in the dark ages,
and the media does not dare report that because again
(34:40):
they suck. Well, we'll letting you know that are in country.
This administration are now reaching out. The Taliban have not
agreed to the proposal, but we want that air base
(35:02):
back again, and we want to go back to where
we were, and I gather we're gonna have to make
some sort of concessions that we wouldn't have had to
make if we were still there. Oh and by the way,
we left a ton of artillery and munitions in the billions.
(35:26):
Joe Biden, the worst freaking president ever. Oh yeah, ten
million people across the border. Oh that's right, while he
lied to us about it, and of course the media,
who again sucks, covered up for it. So just letting
you know that's going on. I'd be happy to see that.
(35:53):
You know how supposedly the left are all about the
women and this and that. Well obviously not about the
Afghani women. I would love. And just so you know,
I care about the world, not just this country. So
we'll let you know. We'll see how that plays out.
(36:17):
Just another instant on God Joe Biden sucks not to
mention his whole family is a bunch of corrupt You
know what. Oh, I know, I'm going to get the
emails on the Trumps. I know we've already discussed that.
(36:37):
We'll discuss it again going forward. Hey, in the news,
and this is not by accident headline AOC No, really,
that AOC is looking at running for president in twenty
twenty eight. No, I'm not kidding this buffoon. I got
(37:02):
news for you. I may run for president. If she
runs for president, she could not last five minutes in
a debate with me, by the way, I'm not so
sure I'm kidding about that anyway. This Jew hating, Israel
hating control freak Marxist has now put it out there
(37:26):
that she is looking at possibly positioning herself to be
president of the United States in two thy twenty eight.
What the hell happened to this country. Of course, she
(37:47):
would be running against the bozo running California. I think
probably Buddha Jeedge will run. I believe the governor of
Pennsylvania will run. All so there'll be a slow Hopefully
I'm around to cover it, and again I may have
(38:11):
to run. That's all we need is a Marxist control
freak running this country. Oh wait a minute, don't we
have a control freak running the country right now? Answer? Yeah. Tariffs,
(38:33):
more tariffs, negotiations with businesses, running business from the White House,
giving out gifts, taking away gifts, and all that crap. Anyway,
(38:56):
that was in the news of today, and that was
by no accident. The next thing to happen is I
do believe the Supreme Court is going to take up
the tariff thing in the next month. Boy, I hope
they stop it. I know what the President's saying. It'll
destroy the economy. No, it won't. Higher taxes is bad
(39:21):
for the economy. They'd be doing them a favor. But
I believe at six' three there and they tend to
vote for the. Right, again we'll keep you. Informed, Lastly
(39:41):
Kamala harris has a book coming. Out she blasts everyone
From biden on down and for such a tolerant. Party
Kamala harris says she did not pick Buddhaj edge as
vice president because he's. Gay Kamala harris is a. Homophobe
(40:03):
isn't that? Precious you'll have a great. Weekend drive carefully
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 will feel. BETTER i,
promise stay will be. Well always appreciate. You, listen don't
forget if not in your. City garykay dot, Com bye bye.
Speaker 1 (40:21):
All 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 garykay dot. Com that's garyka dot.
Com
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