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 (00:12):
And wealk once again to Investor's Edge. I'm Gary kolbamb
your host. Day. Thanks for being with us today. Glad
you here, ladies and gentlemen. Happy that you are listening.
It's Friday, Good September twelfth, twenty twenty five. Hope you
had a good day. Hope you're having a good day.
I hope you have a good weekend. We are here
(00:33):
to talk seriously about everything that affects you. We'll do markets,
the economy, current events, anything that emanates from the blob, Washington, DC,
and this, that and the other thing. And if you
(00:54):
do not get this radio show in your city, we'll
post it at garyk dot com, whos posted our x feed.
And if you don't follow us on actually should if
you like to email us just being nice. Also on
the biz tv YouTube channel. We're gonna so earlier today
(01:19):
a couple of things I had to do. And I'm
in my car and I drove past a school bus
that stopped, you know, the red lights and whatever, and
you have to stop. And I watched moms and dads
pick up their young children. I'm gonna say they were eight, nine,
(01:39):
ten years old, and I had a big smile on
my face because I remember doing it with my two
sons also, And I stopped and saw the joy on
the moms and dads faces as they picked up their
sons and daughters. And then I'm thinking to myself, well,
(02:06):
they caught the murderer. Was he twenty one years old? Maybe?
Speaker 3 (02:11):
Yeah?
Speaker 2 (02:11):
I think so. He was turned in by his father.
And all I'm thinking to myself is this father I
gather also pick this son up in his early years
(02:36):
from school, and now the father has to turn him
in for a heinous, cowardly murder that will absolutely accomplish
nothing except put the family change their life forever. Put
(02:58):
the kid goes to jail for the rest of his
life and will be on death row more than likely.
And then I'm thinking about Charlie Kirk, whose two little
kids now will not be picked up by their dad,
(03:19):
a wife that no longer has a husband. And I'm
just putting these little pieces together of how life goes
and the things that it affects. This twenty one year
(03:42):
or twenty two year old has never produced anything, never
created anything, and has now caused I'd like to say
some good's gonna come out of it, but let's just
say from the start, we're finding a lot of I'd
like to say the word weird, but I'd rather use
(04:05):
the word disgusting. And the disgusting part, amazingly comes from
pretty much some of the stupidest people on this planet.
As I had said to you, I'm at Fox a
lot and i've but I've never met Charlie Kirk. I've
(04:27):
never really followed him. I've seen him on TV. But
about a year ago I saw some stuff on Instagram
where he debated. I love the fact he debated on
college campuses and he took it. There were people walked
up and called him, called him every name in the book,
and he smiled and try to talk. I saw one
(04:53):
where the guy comes up and says, you're a efin
racist at the top of his voice, and he says,
can you tell me one thing I've ever done or
said that's racist? And they wouldn't answer, and he tried
it again. The F bombed again and Charlie Kirk asked
(05:13):
him again. He tried it again. So you have all
these people hating and don't even know what the hell
they're hating. They heard something. And by the way, as
I have said, there's a bunch of things I seriously
disagree with this man, and some things I agree with.
(05:35):
But there's people out there not only celebrating murder but
videoing themselves and posting it. They're proud of themselves. And
I'm thinking, how many of these can the people can
(05:56):
there actually be out there? And maybe it's just me,
but as I was playing with my Twitter feed, there
are actually outfits on Twitter X that if you are
racist and anti Semite, you get outed and people get
(06:17):
fired all the time for sinks or doing stupid things
on social media. Well, now, and let me just state
for the record and we'll button this up and hit
the markets in a few minutes. Doctors of all kinds, professors, teachers, nurses,
(06:39):
a pilot at United Airlines, a psychologist, a weight trainer.
I'm just naming a few, some waiters and waitresses, an
owner of a restaurant. An owner of a restaurant goes
on X and doesn't dance, celebrating his murder and the
(07:05):
words on the dancing Two was shot in the neck,
shot in the neck, and do you know what's happened.
They're all getting fired because there's others out there that
are sending it to the companies that they work for,
and they're all getting fired. And I watched how one
(07:29):
person who promoted themselves is so happy he's dead now
crying in a video that he was fired. And I'm
thinking to myself, at what point in time does anybody
celebrate somebody's murder that's not a terrorist, by the way,
or that guy Kolberger who murdered those people in Iowa.
(07:51):
You get my point. So I gotta tell you, I
don't know what the hell's going on out there. I've
lived based on good versus evil, and I'm sorry. If
(08:13):
you're celebrating a thirty one year old man and his murder,
You're screwed. There's something very wrong with you, very very
wrong with you. And let's just hope it ain't a
ton of people. But I gotta tell you, they love
(08:37):
posting their stuff. And let me finish up with the media.
As you know, we've complained about them for the long time,
and we're not talking opinion people. We have to say
that there are listen, I'm at Fox, They're opinion. People
on the right, they give their opinions. We're not talking
about them. Their opinion people on the left, We're not
(08:59):
talking about them. We're talking about anchors and reporters that
are lying out there, asked to you about others and
the things they are saying. New York Times how to
retract again, something on the right, and how do they
(09:20):
retract it. They put it to their major X feed
of millions, and they retract it on their little X
feed of fifteen thousand. I just want you all to
remember some in the media, not all. They hate you.
They're just out to con you. They're just out to
(09:42):
make you believe something, whether it's true or not, based
on what they want. So be careful. You know, all
we know now is a thirty one year old man,
husband and a father of two is dead, murdered by
a twenty one or twenty two year old old prick
(10:02):
that has never done anything to produce or create, and
now he's living the rest of his life in jail
on death row. And he also destroyed his family. He
destroyed his family also, and obviously this monster did not
(10:29):
think about his family. I can only imagine, no, I
can't imagine what is mom and Dad are going through
right now? Let's move on up next the markets. Lot's
the cover. This is the one only Investor's Edge. Hi.
Speaker 4 (11:02):
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Speaker 5 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 1 (12:09):
You're listening to.
Speaker 2 (12:11):
Okay, it could be fun.
Speaker 3 (12:14):
Investors 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. And by the way,
we cover everything, because it really does, all intertwine. It
(12:41):
really does. It really does matter. These big events, tragedies
do matter. They really do of the psyche of the country,
the future of the country. I mean, there's a whole
lot of crap going. And by the way, I blame
(13:02):
the politicians on both sides of the aisle. I blame
them both, some worse than others on the left. Right now,
they're trying to disavow themselves of everything, even though there's
videos after video after video of calling Charlie Kirk a
Nazi and a fascist and a fascist and a Nazi.
(13:23):
And by the way, guess what this stupid moron put
on the gun fascist He doesn't even know what a
fascist is. He also puts something about Nazi. Who's the
Nazi the murderer? Duh. And unfortunately, unfortunately we have nobody
(13:50):
in leadership right now, nobody that wants to lower the temperature. Nobody.
You know, when nine to eleven happened, Bush went and
really lowered the temperature. But then Teddy Kennedy was heard saying,
(14:16):
we can't let him get too much out of this. Yeah,
that Teddy Kennedy. I don't know if you remember that.
If you think things are going to change, they're not. Unfortunately.
Let's just all of us work hard, play hard, love hard,
(14:38):
do the best we can to do great things for
ourselves and our family and for others. And if somebody
wants to celebrate murder, I guess have at it. And
by the way, all the videos are up on you know,
(15:01):
and just stunning to watch. Also stunning, stunning. Okay, done
with that, Okay, serenity. Now, uh Dow was down two
seventy three today, but the SMP was down three and
(15:25):
we'll explain you know why, right, because the Nasdaq was
up ninety eight and the Nasdaq one hundred was up
ninety nine. That's why Russell two thousand was down one percent.
Advanced declines. Not a very good day, rough day for
the small and mids. What had the NASDAC Microsoft was
(15:46):
up nine good bounce by Microsoft, and that's a top
top five name. Apple was up almost four bouncing. That's
a top two name. A Meadow was up four. That's
a top five name, and we're talking about influence. Tesla
was up twenty seven on a big about four or
five month breakout of a mid level base. That's got
(16:09):
to be a top seven name. And that's what did
the trick and helped the S and P. And as
you know, the top seven names are thirty four percent
of the S ANDP. So you can have the market
crap out, but to seven names up strong and the
S ANDP hangs in there just fine. That's what went
on today. But just as I haven't really done scans yet,
(16:33):
just a weeker day, as I look at my screens,
lots are read and my stuff screen that would be
retail and medicals and biotech and auto dealers and transports.
Housing pulled back today after being strong because yields are
up today as we said to your restaurants are very
(16:54):
weak and weakened even more today. Financials were downmost but
JP Morgan a new all time high at the close today.
Semiconductors were actually up a little, a bunch of them down.
But I got to tell you those equipment makers had
another good day because of what Oracle said. But Oracle,
get this and this is of import As we told you,
(17:18):
Oracle's numbers that they have predicted are just rate a
big wow. They announced a backlog grew three hundred and
fifty nine percent. Their cloud revenue is that they are
saying is going to grow from eighteen billion this year
(17:40):
to thirty two billion, to seventy three billion, to one
hundred and fourteen billion and then one hundred and forty
four billion over the subsequent four years. Stunning. But what
happened with Oracle, Well, uh, they gapped it up on
Wednesday of three point forty five point seventy two, and
(18:06):
that was in the like the first hour. The actual
gap to the upside was at about three twenty and
then they ramped it up to three point forty five
in the eleven o'clock hour. Uh, they closed it at
three twenty eight, which is no biggie. Yesterday they closed
it at three oh eight. Today they closed it at
(18:29):
two ninety two. Huh. So that big move, which was
really big. The gap was from two forty one. It's
now two nine, so it's still up fifty bucks, which
is still huge. But leave no doubt that gap was
too much and it falls into place. What a lot
(18:50):
of gappers have done same thing with the IPOs. Remember
we said these hot IPOs, they open them up and
they trash them. While a lot of gaps have and filling,
and Oracle is filling the gap pretty darn good. At
this point in time, we want to buy it, we
will not even consider it until it shows a couple
(19:11):
of days if we call defense. What do we mean
by defense, Well, an upday that's for starters, but then
the ability to hold that up day, which is again
more than one day. So we'll see how that goes.
(19:31):
And interesting enough, though it's not really taking a lot
of things with it, interesting enough you would think it
was such a driving force to move a bunch of stocks.
But I must tell you Micron was up another seven today,
sand Disc was up Pallnteer was up seven today. And
(19:53):
as I mentioned, the semiconductor equipment makers, because the storage companies,
you know, Microns one because of the numbers. They said,
So we'll see, we'll let you know, we'll let you know.
We don't do this often. If we buy Oracle, we'll
yap on it, and we'll always say we're not telling
(20:17):
you to buy sell short to cover you decide it's
your money. But we haven't done it yet because we
haven't had to the big institutions distributed the big move up. Now,
I will tell you there are people that don't believe
the numbers. There are people that don't believe the numbers.
(20:39):
I'll tell you what I think up next on this
the one only Investor's.
Speaker 3 (20:42):
Edge you're listening to, America is talking following Investors Edge.
(21:16):
He's gotta be The crowd is just on his feet here.
Speaker 1 (21:20):
Said a boy with Gary called Bob.
Speaker 5 (21:23):
He'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:40):
By the way, I forgot to mention one thing. Let
me back it up. The governor of Utah. I don't
know who the hell he is except today I thought
he was magnificent in the press conference today. I believe
(22:03):
Spencer Cox, I believe his name is. I thought he
was magnificent. He is one. He is one that is
trying to do everything to lower the temperature. All right,
(22:24):
back on, going into next week. I'm watching any met
is holding the fifty day, but needs to prove itself.
Broadcoms hanging in there after gapping up. Pallenteer held the
fifty day and is bouncing up though it has that
little top it's got to get through. I have to
(22:49):
let you know, and I'm careful when I bring this up.
Bitcoin and Ethereum. Bitcoin broke back above the fifty day
moving average today. That's number one, and Athereum stronger than Bitcoin.
(23:10):
Look like that's turning up. Also, just letting you know,
just remember these are crypto whatever they are. They trade
over the weekend. We're just giving you a technical analysis
look at them. But the setup looks pretty damn good
going into next week. We'll see what happens. Gold another
(23:35):
up day to day this week. It's sat around for
a few days. The only issue with it is extended
here and probably needs to sit a little bit. But
leave no doubt that's been a bullish market. Broke out
of an eighteen week range. We were harping on it
(23:58):
for days and days and days for you guys, and
so far sticking pretty darn good out there. As we mentioned,
yields finally bounced today. The ten year yield dropped from
four to three down to four in three, four, five, six,
seven days. Trading days bounced up about to four point
(24:21):
six today, and that's what why the housing and housing
related pulled back today. I think about a one point
almost two percent actually on the housing and housing related stuff.
Uh I did a webcast for the Peeps earlier today.
I wanted to get a head start, and all it
(24:43):
was was on avoids. So we're just letting you know.
And again we're not telling you to buy sell short cover.
We're telling you what things look like. Alcohol companies read
the news. Alcohol intake is at a I hear like
(25:04):
an all time low or multi decade low. That's really
good to see. You know. We think it's so overrated
alcohol it's not even funny. So that would be Anheuser Busch,
Constellation Brands, cores, molten cores, things like that. Also have
(25:31):
to the cokes and the pepsi and even worse, the
Doctor Pepper stock just went from thirty six to twenty seven.
That ain't working a lot of food stocks, Campbell's, General Mills, Post,
I can go on and on. They're embarrassed trends. Also,
(25:55):
some of the household things like Kimberly Clark's, Chlorox, Procter
and Gamble. The you know, the job market softer guess
what ADP and paychecks bearish for whatever reason, waste management
stocks this three of them I follow, Waste Management, Waste Connections,
(26:18):
and Republic Services in the Dow. Boeing just topped out
near term, am Gine's been weak with a lot of
big biotech salesforce, dot Com is miserable, Cisco looks like
it's just topped out. Disney, Honeywell in dire straits, IBM
acting poorly. McDonald's get to the restaurants in a second,
(26:42):
Nike bearish, you know, United Health has been better, and
Visa not acting well. The restaurants, and we mentioned this before,
they're acting horrible with some of them have just been
absolutely bludgeoned. Remember how strong common the group was. They
opened that stock up last November on a gap at
(27:04):
one seventy two sixty three Bucks today chapotele and we
warned you about that fifty for one stock split. They
top that out in June of twenty fourth, sixty nine.
It's thirty eight change Starbucks, all of them, all of
(27:29):
them weak and down trends. The only one standing darn
right now. And when we say standing, I ain't going up.
Some of the retailers and apparel, oh I mean, don't
get me started on under armor Nike up Burlington looks
(27:55):
like a big top in place, Abercrobbie and Fitch, Dollar
Treees gap down on earnings, Urban Outfitters topped out, Lulu,
lemon Is crashed, Costco ain't acting well Crocs. It was
one fifty one to eleven months ago, it's seventy seven today.
(28:15):
So we were just doing this showing the peeps. Hey,
just letting you know while the market the going is good,
just letting you know these areas. And by the way,
a bunch of medical names Intuitive Surgical, Cardinal Health, Becton, Dickinson,
Danaher and a Striker. And then there's these a bunch
(28:37):
of software that we mentioned before. I don't know what
the hell's going on with into it. I don't know.
Just went from eight thirteen to six forty six. You know,
that's tax and financial software. So just letting you know,
keeping you involved in what not to do. But as always,
(28:58):
again you decide, we refuse to be in down trends,
We refuse to be in bearish phases, we refuse to
be in bear markets. So we're constantly not taking our
eye off the ball. And again there are areas that
just are puking. Oh, did I mention the rails and
(29:19):
truckers and FedEx and especially ups. You want to own
some Ups? Let's see that topped out at two thirty
three in March of twenty two. It's eighty four, which
is quite amazing, by the way, and I think what's
(29:39):
gone on? There is competition. I see Ups trucks, you
know what, I see a lot more of Amazon trucks. Competition.
Welcome to capitalism. So just letting you know. I wanted
to do a little bit of that. Also, did I
(30:00):
leave anything out? There are a few semiconductors that are weak,
but overall the socks is back to near the highs.
Some big names SAP, Dell, Salesforce, dot Com, Image, Adobe,
which is an absolute crash. Netflix with a pretty good
top in place in the last weeks, and now they
(30:21):
lost an important product manager, I'm being told. So it
was hit hard yesterday and a little bit more today.
Things you got to watch, kids, And of course, if
anything changes, we know what we say to you on
this show, So if anything changes, we'll let you know. Otherwise,
(30:43):
other areas in good stead. And you know about the
artificial intelligence, and you know about the semis, and you
know about some of the great reactions and all that crap.
Oh and the banks. I forgot to mention the banks.
They've been pretty good stead too. And JP Morgan being
(31:03):
in a new yearly high is usually not a bad thing.
Foreign markets are AOK. Some actually on the strong side,
and that's kind of the story. Now next week, I
believe Wednesday is the Fed. They're gonna lower the Fed
(31:24):
funds rates, so you're gonna get less money on your
money markets. I don't know if it's baked in the
cake in the market, but usually easy money is not
a bad thing. But it could be baked in the cake.
Let me state that again. This talk of maybe they
do a half point, I could care less. That'll be
(31:46):
Wednesday up next. We'll take it to the weekend. This
is the one on the investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 3 (32:16):
What are you waiting for one to ready go?
Speaker 2 (32:25):
We can't recalled Bob so uh. We always have to
(32:52):
preface it when we say, boy, we're rooting for President Trump,
just like we would always boy, we're rooting for Joe Biden,
Except Joe Biden was the worst president ever, no doubt,
based on doubled the size of the deficit, rang up
(33:19):
massive extra spending, lied about it, admitted to lying about
it on purpose wide open border, and lied about it.
I will never forgive for that. People died crossing the
rivers and behind trucks, and the media blacked that out
(33:39):
because the media just absolutely sucks. But I watched President
Trump yesterday talking about the economy and how well it's doing,
and I want to vomit. August. What month are we in? September? Right? Yeah? Yeah,
(34:10):
last month, the month of August, our government spent six
hundred and eighty nine billion dollars. Revenue was three hundred
and forty four billion. We ran a three hundred and
forty five billion dollar budget deficit in August. Noticed my
(34:38):
silence after mentioning that. And that includes the tariff revenues.
I didn't hear the president talk about that. So I
just want you to remember I'm rooting for him. But
(35:01):
boy did he con us but good when he ran
for president again, told us how bad Kamala Harris is
gonna be because boy, she's running massive debt and deficits
in there, spending is out of control, and he's going
to lower taxes. Well, he did extend the tax cuts
(35:25):
from his first go round, did a few more tax
cuts in there, and that's all he did. Because we're
gonna run this year, and by the way, August is
a larger month than others we're gonna run. I'm gonna
guess two point five trillion dollar deficit this year. Now,
(35:48):
to be clear, a lot of that is Biden's fault,
and you could not roll it back. But let me
be clear about this, President Kulbomb would have only had
a one point five trillion, if not one trillion yearly
deficit this year. I would have done what I promised
to do. This president did not, unfortunately, and has no interest,
(36:15):
has no interest in changing the trajectory, or he would have,
and now he can't except through tariffs, which is higher taxes.
So no longer can I listen to him claim the
left is for higher taxes. Donald Trump, the President of US,
(36:36):
likes higher taxes. He says that money is coming into
the country and going to fix help the deficit. It
is not coming into the country. It is already here
being paid by Apple and Ford and many other companies.
That's why Apple went to the White House on ben
(36:57):
de knee. Please don't tax me anymore. I'll do what
you want. I'll say what you want. And Apple came
out and said, oh, I'm going to spend six hundred
billion here in the United States, Thank you, President Trump.
And they exempted the tariffs slash taxes. There you go.
(37:21):
Not one thing I said was opinion. Everything I just
told you was fact, and that is all. Unfortunately, the
US deficit for the first eleven months of fiscal twenty
twenty five one point nine seven trillion. And by the way,
when they come out with that first number just at
(37:43):
about fifteen percent, you know which year has been bigger,
the COVID year for obvious reasons. So called me depressed
(38:06):
on all this. I wish I had the president's ear,
but I don't, and I'm gonna guess he may not
listen to me anyhow. I'm just the du Fisana radio show.
I could have helped, but I don't think he'd listen
because if you cut spending, you cut GDP, and our
(38:29):
GDP has been so dependent on government spending. Just remember,
I want you to listen carefully. Just twenty nineteen, federal
spending was four point four trillion. It's gonna be seven
point five trillion. Are you happy that government increased since
twenty nineteen? Is what about seventy five eighty percent? Are
(38:50):
you happy about that? And do you ever wonder where
to hell that money's going? And do you ever wonder
how do we have any homeless people? How do you
have any children that are starving? How do you have
any potholes or cracks and sidewalks? You ever ask yourself
that I gather if he heard this, I will not
(39:16):
be getting an invitation to the White House Christmas Party.
But ladies and gentlemen, I have to tell you the truth,
with no agenda, no bias, no ulterior motive, except for
the truth. And I heard him say, hey, look at
the markets. The markets, Well, there is a direct correlation
(39:38):
between markets and deficit spending. Did you know that too?
At least we know they're not stupid. At least they
know they're looking at the charts that we know about.
We take no solace in it, though. Hey that you
(40:00):
have a great evening and 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 they will
be well. Get some exercise, get some sun and maybe
the giants will win this weekend. Yeah, we doubt it.
Peace out all until Monday. Bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbomb 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 (00:12):
And wealk once again to Investor's Edge. I'm Gary kolbamb
your host. Day. Thanks for being with us today. Glad
you here, ladies and gentlemen. Happy that you are listening.
It's Friday, Good September twelfth, twenty twenty five. Hope you
had a good day. Hope you're having a good day.
I hope you have a good weekend. We are here
(00:33):
to talk seriously about everything that affects you. We'll do markets,
the economy, current events, anything that emanates from the blob, Washington, DC,
and this, that and the other thing. And if you
(00:54):
do not get this radio show in your city, we'll
post it at garyk dot com, whos posted our x feed.
And if you don't follow us on actually should if
you like to email us just being nice. Also on
the biz tv YouTube channel. We're gonna so earlier today
(01:19):
a couple of things I had to do. And I'm
in my car and I drove past a school bus
that stopped, you know, the red lights and whatever, and
you have to stop. And I watched moms and dads
pick up their young children. I'm gonna say they were eight, nine,
(01:39):
ten years old, and I had a big smile on
my face because I remember doing it with my two
sons also, And I stopped and saw the joy on
the moms and dads faces as they picked up their
sons and daughters. And then I'm thinking to myself, well,
(02:06):
they caught the murderer. Was he twenty one years old? Maybe?
Speaker 3 (02:11):
Yeah?
Speaker 2 (02:11):
I think so. He was turned in by his father.
And all I'm thinking to myself is this father I
gather also pick this son up in his early years
(02:36):
from school, and now the father has to turn him
in for a heinous, cowardly murder that will absolutely accomplish
nothing except put the family change their life forever. Put
(02:58):
the kid goes to jail for the rest of his
life and will be on death row more than likely.
And then I'm thinking about Charlie Kirk, whose two little
kids now will not be picked up by their dad,
(03:19):
a wife that no longer has a husband. And I'm
just putting these little pieces together of how life goes
and the things that it affects. This twenty one year
(03:42):
or twenty two year old has never produced anything, never
created anything, and has now caused I'd like to say
some good's gonna come out of it, but let's just
say from the start, we're finding a lot of I'd
like to say the word weird, but I'd rather use
(04:05):
the word disgusting. And the disgusting part, amazingly comes from
pretty much some of the stupidest people on this planet.
As I had said to you, I'm at Fox a
lot and i've but I've never met Charlie Kirk. I've
(04:27):
never really followed him. I've seen him on TV. But
about a year ago I saw some stuff on Instagram
where he debated. I love the fact he debated on
college campuses and he took it. There were people walked
up and called him, called him every name in the book,
and he smiled and try to talk. I saw one
(04:53):
where the guy comes up and says, you're a efin
racist at the top of his voice, and he says,
can you tell me one thing I've ever done or
said that's racist? And they wouldn't answer, and he tried
it again. The F bombed again and Charlie Kirk asked
(05:13):
him again. He tried it again. So you have all
these people hating and don't even know what the hell
they're hating. They heard something. And by the way, as
I have said, there's a bunch of things I seriously
disagree with this man, and some things I agree with.
(05:35):
But there's people out there not only celebrating murder but
videoing themselves and posting it. They're proud of themselves. And
I'm thinking, how many of these can the people can
(05:56):
there actually be out there? And maybe it's just me,
but as I was playing with my Twitter feed, there
are actually outfits on Twitter X that if you are
racist and anti Semite, you get outed and people get
(06:17):
fired all the time for sinks or doing stupid things
on social media. Well, now, and let me just state
for the record and we'll button this up and hit
the markets in a few minutes. Doctors of all kinds, professors, teachers, nurses,
(06:39):
a pilot at United Airlines, a psychologist, a weight trainer.
I'm just naming a few, some waiters and waitresses, an
owner of a restaurant. An owner of a restaurant goes
on X and doesn't dance, celebrating his murder and the
(07:05):
words on the dancing Two was shot in the neck,
shot in the neck, and do you know what's happened.
They're all getting fired because there's others out there that
are sending it to the companies that they work for,
and they're all getting fired. And I watched how one
(07:29):
person who promoted themselves is so happy he's dead now
crying in a video that he was fired. And I'm
thinking to myself, at what point in time does anybody
celebrate somebody's murder that's not a terrorist, by the way,
or that guy Kolberger who murdered those people in Iowa.
(07:51):
You get my point. So I gotta tell you, I
don't know what the hell's going on out there. I've
lived based on good versus evil, and I'm sorry. If
(08:13):
you're celebrating a thirty one year old man and his murder,
You're screwed. There's something very wrong with you, very very
wrong with you. And let's just hope it ain't a
ton of people. But I gotta tell you, they love
(08:37):
posting their stuff. And let me finish up with the media.
As you know, we've complained about them for the long time,
and we're not talking opinion people. We have to say
that there are listen, I'm at Fox, They're opinion. People
on the right, they give their opinions. We're not talking
about them. Their opinion people on the left, We're not
(08:59):
talking about them. We're talking about anchors and reporters that
are lying out there, asked to you about others and
the things they are saying. New York Times how to
retract again, something on the right, and how do they
(09:20):
retract it. They put it to their major X feed
of millions, and they retract it on their little X
feed of fifteen thousand. I just want you all to
remember some in the media, not all. They hate you.
They're just out to con you. They're just out to
(09:42):
make you believe something, whether it's true or not, based
on what they want. So be careful. You know, all
we know now is a thirty one year old man,
husband and a father of two is dead, murdered by
a twenty one or twenty two year old old prick
(10:02):
that has never done anything to produce or create, and
now he's living the rest of his life in jail
on death row. And he also destroyed his family. He
destroyed his family also, and obviously this monster did not
(10:29):
think about his family. I can only imagine, no, I
can't imagine what is mom and Dad are going through
right now? Let's move on up next the markets. Lot's
the cover. This is the one only Investor's Edge. Hi.
Speaker 4 (11:02):
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 assets that's managed.
We also provide a full range of personalized services, including
retirement planning, fixed income, and educational needs, all to assist
(11:25):
you in achieving your financial goals. Understanding not all individuals
have the same needs, will carefully evaluate your personal goals
to determine a proper investment strategy. If your current approach
to investing is not getting you to where you would
like to be, call us to make an appointment for
a complementary portfolio review. The number to call is eight
eight eight four two two five five five nine. That's
(11:48):
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 5 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 1 (12:09):
You're listening to.
Speaker 2 (12:11):
Okay, it could be fun.
Speaker 3 (12:14):
Investors 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. And by the way,
we cover everything, because it really does, all intertwine. It
(12:41):
really does. It really does matter. These big events, tragedies
do matter. They really do of the psyche of the country,
the future of the country. I mean, there's a whole
lot of crap going. And by the way, I blame
(13:02):
the politicians on both sides of the aisle. I blame
them both, some worse than others on the left. Right now,
they're trying to disavow themselves of everything, even though there's
videos after video after video of calling Charlie Kirk a
Nazi and a fascist and a fascist and a Nazi.
(13:23):
And by the way, guess what this stupid moron put
on the gun fascist He doesn't even know what a
fascist is. He also puts something about Nazi. Who's the
Nazi the murderer? Duh. And unfortunately, unfortunately we have nobody
(13:50):
in leadership right now, nobody that wants to lower the temperature. Nobody.
You know, when nine to eleven happened, Bush went and
really lowered the temperature. But then Teddy Kennedy was heard saying,
(14:16):
we can't let him get too much out of this. Yeah,
that Teddy Kennedy. I don't know if you remember that.
If you think things are going to change, they're not. Unfortunately.
Let's just all of us work hard, play hard, love hard,
(14:38):
do the best we can to do great things for
ourselves and our family and for others. And if somebody
wants to celebrate murder, I guess have at it. And
by the way, all the videos are up on you know,
(15:01):
and just stunning to watch. Also stunning, stunning. Okay, done
with that, Okay, serenity. Now, uh Dow was down two
seventy three today, but the SMP was down three and
(15:25):
we'll explain you know why, right, because the Nasdaq was
up ninety eight and the Nasdaq one hundred was up
ninety nine. That's why Russell two thousand was down one percent.
Advanced declines. Not a very good day, rough day for
the small and mids. What had the NASDAC Microsoft was
(15:46):
up nine good bounce by Microsoft, and that's a top
top five name. Apple was up almost four bouncing. That's
a top two name. A Meadow was up four. That's
a top five name, and we're talking about influence. Tesla
was up twenty seven on a big about four or
five month breakout of a mid level base. That's got
(16:09):
to be a top seven name. And that's what did
the trick and helped the S and P. And as
you know, the top seven names are thirty four percent
of the S ANDP. So you can have the market
crap out, but to seven names up strong and the
S ANDP hangs in there just fine. That's what went
on today. But just as I haven't really done scans yet,
(16:33):
just a weeker day, as I look at my screens,
lots are read and my stuff screen that would be
retail and medicals and biotech and auto dealers and transports.
Housing pulled back today after being strong because yields are
up today as we said to your restaurants are very
(16:54):
weak and weakened even more today. Financials were downmost but
JP Morgan a new all time high at the close today.
Semiconductors were actually up a little, a bunch of them down.
But I got to tell you those equipment makers had
another good day because of what Oracle said. But Oracle,
get this and this is of import As we told you,
(17:18):
Oracle's numbers that they have predicted are just rate a
big wow. They announced a backlog grew three hundred and
fifty nine percent. Their cloud revenue is that they are
saying is going to grow from eighteen billion this year
(17:40):
to thirty two billion, to seventy three billion, to one
hundred and fourteen billion and then one hundred and forty
four billion over the subsequent four years. Stunning. But what
happened with Oracle, Well, uh, they gapped it up on
Wednesday of three point forty five point seventy two, and
(18:06):
that was in the like the first hour. The actual
gap to the upside was at about three twenty and
then they ramped it up to three point forty five
in the eleven o'clock hour. Uh, they closed it at
three twenty eight, which is no biggie. Yesterday they closed
it at three oh eight. Today they closed it at
(18:29):
two ninety two. Huh. So that big move, which was
really big. The gap was from two forty one. It's
now two nine, so it's still up fifty bucks, which
is still huge. But leave no doubt that gap was
too much and it falls into place. What a lot
(18:50):
of gappers have done same thing with the IPOs. Remember
we said these hot IPOs, they open them up and
they trash them. While a lot of gaps have and filling,
and Oracle is filling the gap pretty darn good. At
this point in time, we want to buy it, we
will not even consider it until it shows a couple
(19:11):
of days if we call defense. What do we mean
by defense, Well, an upday that's for starters, but then
the ability to hold that up day, which is again
more than one day. So we'll see how that goes.
(19:31):
And interesting enough, though it's not really taking a lot
of things with it, interesting enough you would think it
was such a driving force to move a bunch of stocks.
But I must tell you Micron was up another seven today,
sand Disc was up Pallnteer was up seven today. And
(19:53):
as I mentioned, the semiconductor equipment makers, because the storage companies,
you know, Microns one because of the numbers. They said,
So we'll see, we'll let you know, we'll let you know.
We don't do this often. If we buy Oracle, we'll
yap on it, and we'll always say we're not telling
(20:17):
you to buy sell short to cover you decide it's
your money. But we haven't done it yet because we
haven't had to the big institutions distributed the big move up. Now,
I will tell you there are people that don't believe
the numbers. There are people that don't believe the numbers.
(20:39):
I'll tell you what I think up next on this
the one only Investor's.
Speaker 3 (20:42):
Edge you're listening to, America is talking following Investors Edge.
(21:16):
He's gotta be The crowd is just on his feet here.
Speaker 1 (21:20):
Said a boy with Gary called Bob.
Speaker 5 (21:23):
He'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:40):
By the way, I forgot to mention one thing. Let
me back it up. The governor of Utah. I don't
know who the hell he is except today I thought
he was magnificent in the press conference today. I believe
(22:03):
Spencer Cox, I believe his name is. I thought he
was magnificent. He is one. He is one that is
trying to do everything to lower the temperature. All right,
(22:24):
back on, going into next week. I'm watching any met
is holding the fifty day, but needs to prove itself.
Broadcoms hanging in there after gapping up. Pallenteer held the
fifty day and is bouncing up though it has that
little top it's got to get through. I have to
(22:49):
let you know, and I'm careful when I bring this up.
Bitcoin and Ethereum. Bitcoin broke back above the fifty day
moving average today. That's number one, and Athereum stronger than Bitcoin.
(23:10):
Look like that's turning up. Also, just letting you know,
just remember these are crypto whatever they are. They trade
over the weekend. We're just giving you a technical analysis
look at them. But the setup looks pretty damn good
going into next week. We'll see what happens. Gold another
(23:35):
up day to day this week. It's sat around for
a few days. The only issue with it is extended
here and probably needs to sit a little bit. But
leave no doubt that's been a bullish market. Broke out
of an eighteen week range. We were harping on it
(23:58):
for days and days and days for you guys, and
so far sticking pretty darn good out there. As we mentioned,
yields finally bounced today. The ten year yield dropped from
four to three down to four in three, four, five, six,
seven days. Trading days bounced up about to four point
(24:21):
six today, and that's what why the housing and housing
related pulled back today. I think about a one point
almost two percent actually on the housing and housing related stuff.
Uh I did a webcast for the Peeps earlier today.
I wanted to get a head start, and all it
(24:43):
was was on avoids. So we're just letting you know.
And again we're not telling you to buy sell short cover.
We're telling you what things look like. Alcohol companies read
the news. Alcohol intake is at a I hear like
(25:04):
an all time low or multi decade low. That's really
good to see. You know. We think it's so overrated
alcohol it's not even funny. So that would be Anheuser Busch,
Constellation Brands, cores, molten cores, things like that. Also have
(25:31):
to the cokes and the pepsi and even worse, the
Doctor Pepper stock just went from thirty six to twenty seven.
That ain't working a lot of food stocks, Campbell's, General Mills, Post,
I can go on and on. They're embarrassed trends. Also,
(25:55):
some of the household things like Kimberly Clark's, Chlorox, Procter
and Gamble. The you know, the job market softer guess
what ADP and paychecks bearish for whatever reason, waste management
stocks this three of them I follow, Waste Management, Waste Connections,
(26:18):
and Republic Services in the Dow. Boeing just topped out
near term, am Gine's been weak with a lot of
big biotech salesforce, dot Com is miserable, Cisco looks like
it's just topped out. Disney, Honeywell in dire straits, IBM
acting poorly. McDonald's get to the restaurants in a second,
(26:42):
Nike bearish, you know, United Health has been better, and
Visa not acting well. The restaurants, and we mentioned this before,
they're acting horrible with some of them have just been
absolutely bludgeoned. Remember how strong common the group was. They
opened that stock up last November on a gap at
(27:04):
one seventy two sixty three Bucks today chapotele and we
warned you about that fifty for one stock split. They
top that out in June of twenty fourth, sixty nine.
It's thirty eight change Starbucks, all of them, all of
(27:29):
them weak and down trends. The only one standing darn
right now. And when we say standing, I ain't going up.
Some of the retailers and apparel, oh I mean, don't
get me started on under armor Nike up Burlington looks
(27:55):
like a big top in place, Abercrobbie and Fitch, Dollar
Treees gap down on earnings, Urban Outfitters topped out, Lulu,
lemon Is crashed, Costco ain't acting well Crocs. It was
one fifty one to eleven months ago, it's seventy seven today.
(28:15):
So we were just doing this showing the peeps. Hey,
just letting you know while the market the going is good,
just letting you know these areas. And by the way,
a bunch of medical names Intuitive Surgical, Cardinal Health, Becton, Dickinson,
Danaher and a Striker. And then there's these a bunch
(28:37):
of software that we mentioned before. I don't know what
the hell's going on with into it. I don't know.
Just went from eight thirteen to six forty six. You know,
that's tax and financial software. So just letting you know,
keeping you involved in what not to do. But as always,
(28:58):
again you decide, we refuse to be in down trends,
We refuse to be in bearish phases, we refuse to
be in bear markets. So we're constantly not taking our
eye off the ball. And again there are areas that
just are puking. Oh, did I mention the rails and
(29:19):
truckers and FedEx and especially ups. You want to own
some Ups? Let's see that topped out at two thirty
three in March of twenty two. It's eighty four, which
is quite amazing, by the way, and I think what's
(29:39):
gone on? There is competition. I see Ups trucks, you
know what, I see a lot more of Amazon trucks. Competition.
Welcome to capitalism. So just letting you know. I wanted
to do a little bit of that. Also, did I
(30:00):
leave anything out? There are a few semiconductors that are weak,
but overall the socks is back to near the highs.
Some big names SAP, Dell, Salesforce, dot Com, Image, Adobe,
which is an absolute crash. Netflix with a pretty good
top in place in the last weeks, and now they
(30:21):
lost an important product manager, I'm being told. So it
was hit hard yesterday and a little bit more today.
Things you got to watch, kids, And of course, if
anything changes, we know what we say to you on
this show, So if anything changes, we'll let you know. Otherwise,
(30:43):
other areas in good stead. And you know about the
artificial intelligence, and you know about the semis, and you
know about some of the great reactions and all that crap.
Oh and the banks. I forgot to mention the banks.
They've been pretty good stead too. And JP Morgan being
(31:03):
in a new yearly high is usually not a bad thing.
Foreign markets are AOK. Some actually on the strong side,
and that's kind of the story. Now next week, I
believe Wednesday is the Fed. They're gonna lower the Fed
(31:24):
funds rates, so you're gonna get less money on your
money markets. I don't know if it's baked in the
cake in the market, but usually easy money is not
a bad thing. But it could be baked in the cake.
Let me state that again. This talk of maybe they
do a half point, I could care less. That'll be
(31:46):
Wednesday up next. We'll take it to the weekend. This
is the one on the investor's edge.
Speaker 1 (32:14):
You're listening to.
Speaker 3 (32:16):
What are you waiting for one to ready go?
Speaker 2 (32:25):
We can't recalled Bob so uh. We always have to
(32:52):
preface it when we say, boy, we're rooting for President Trump,
just like we would always boy, we're rooting for Joe Biden,
Except Joe Biden was the worst president ever, no doubt,
based on doubled the size of the deficit, rang up
(33:19):
massive extra spending, lied about it, admitted to lying about
it on purpose wide open border, and lied about it.
I will never forgive for that. People died crossing the
rivers and behind trucks, and the media blacked that out
(33:39):
because the media just absolutely sucks. But I watched President
Trump yesterday talking about the economy and how well it's doing,
and I want to vomit. August. What month are we in? September? Right? Yeah? Yeah,
(34:10):
last month, the month of August, our government spent six
hundred and eighty nine billion dollars. Revenue was three hundred
and forty four billion. We ran a three hundred and
forty five billion dollar budget deficit in August. Noticed my
(34:38):
silence after mentioning that. And that includes the tariff revenues.
I didn't hear the president talk about that. So I
just want you to remember I'm rooting for him. But
(35:01):
boy did he con us but good when he ran
for president again, told us how bad Kamala Harris is
gonna be because boy, she's running massive debt and deficits
in there, spending is out of control, and he's going
to lower taxes. Well, he did extend the tax cuts
(35:25):
from his first go round, did a few more tax
cuts in there, and that's all he did. Because we're
gonna run this year, and by the way, August is
a larger month than others we're gonna run. I'm gonna
guess two point five trillion dollar deficit this year. Now,
(35:48):
to be clear, a lot of that is Biden's fault,
and you could not roll it back. But let me
be clear about this, President Kulbomb would have only had
a one point five trillion, if not one trillion yearly
deficit this year. I would have done what I promised
to do. This president did not, unfortunately, and has no interest,
(36:15):
has no interest in changing the trajectory, or he would have,
and now he can't except through tariffs, which is higher taxes.
So no longer can I listen to him claim the
left is for higher taxes. Donald Trump, the President of US,
(36:36):
likes higher taxes. He says that money is coming into
the country and going to fix help the deficit. It
is not coming into the country. It is already here
being paid by Apple and Ford and many other companies.
That's why Apple went to the White House on ben
(36:57):
de knee. Please don't tax me anymore. I'll do what
you want. I'll say what you want. And Apple came
out and said, oh, I'm going to spend six hundred
billion here in the United States, Thank you, President Trump.
And they exempted the tariffs slash taxes. There you go.
(37:21):
Not one thing I said was opinion. Everything I just
told you was fact, and that is all. Unfortunately, the
US deficit for the first eleven months of fiscal twenty
twenty five one point nine seven trillion. And by the way,
when they come out with that first number just at
(37:43):
about fifteen percent, you know which year has been bigger,
the COVID year for obvious reasons. So called me depressed
(38:06):
on all this. I wish I had the president's ear,
but I don't, and I'm gonna guess he may not
listen to me anyhow. I'm just the du Fisana radio show.
I could have helped, but I don't think he'd listen
because if you cut spending, you cut GDP, and our
(38:29):
GDP has been so dependent on government spending. Just remember,
I want you to listen carefully. Just twenty nineteen, federal
spending was four point four trillion. It's gonna be seven
point five trillion. Are you happy that government increased since
twenty nineteen? Is what about seventy five eighty percent? Are
(38:50):
you happy about that? And do you ever wonder where
to hell that money's going? And do you ever wonder
how do we have any homeless people? How do you
have any children that are starving? How do you have
any potholes or cracks and sidewalks? You ever ask yourself
that I gather if he heard this, I will not
(39:16):
be getting an invitation to the White House Christmas Party.
But ladies and gentlemen, I have to tell you the truth,
with no agenda, no bias, no ulterior motive, except for
the truth. And I heard him say, hey, look at
the markets. The markets, Well, there is a direct correlation
(39:38):
between markets and deficit spending. Did you know that too?
At least we know they're not stupid. At least they
know they're looking at the charts that we know about.
We take no solace in it, though. Hey that you
(40:00):
have a great evening and 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 they will
be well. Get some exercise, get some sun and maybe
the giants will win this weekend. Yeah, we doubt it.
Peace out all until Monday. Bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbomb 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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