December 12, 2025 • 40 mins
https://garykaltbaum.com/
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Speaker 1 (00:01):
Investor's Edge with Gary Kultbaumb, straight talk about you and
your money now from the Viz Talk studios. Here is
Gary Cultbaumb.
Speaker 2 (00:11):
And well once again to Investor's Edge. I'm Gary Kolbaum,
your host day. Thanks for being with us today. Glad
you hear, ladies and gentlemen, happy that you are listening,
and happy it is Friday, No, really happy it's Friday
the twelfth, two thousand and twenty five. Ladies and gentlemen,
(00:36):
today's going to be a little bit of lesson day.
You know, we don't pretend to be George Soros, William O'Neill,
the greats of the world, but we do think our
studies of bull and bear markets. We'll protect the hell
(00:59):
out of you when things go awry or when something
shows up, especially when we're at extreme moments. But let
us introduce ourselves first. This is Investor's Edge, serious talk
on everything that affects you. We'll do the market, the economy,
your job, your industry. The more locks in DC that
(01:21):
hate us, no really, they hate us, you know that, right, right?
Thirty eight trillion of debt. You think they like us?
If you do, you're a mark because they're con artists.
I digress. If you do not get this radio show
(01:42):
and you city, we'll post it at gary Ka dot com,
also on our X feet. If you don't follow us
at x you should. We'll post it on podcast apps
and the biz tv YouTube channel. If you'd like to
email me, just be nice and all that what I
say less in time. I'm gonna point out two things.
(02:05):
But first let me state there's nothing ever one hundred
percent in the market. When we tell you something specific
is happening, nothing's one hundred percent when we tell you
something is breaking out of range. And that simply means, well,
a stock, a sector, an index, or whatever hits one
(02:28):
hundred bucks seven times over six months, and every time
it hits one hundred, it stops and comes back down,
and finally it breaks above a hundred. Well that's a breakout.
But that doesn't mean three days later it doesn't break
back below. There's no rule of thumb. You just know
that this is what you want to look for if
(02:49):
something is going to go higher. Same for breakdowns. And
all kinds of action in the market are is to
get main trends right, the big trends, especially the big
bad trends, to not be in them and get squashed.
(03:16):
For example, For example, what's one of the things we
did for all of you in the last I don't know,
two months, three months we thought we had extreme froth
and speculation. We even highlighted the areas and it wasn't
(03:36):
hard drones, space, robo everything, nuclear, quantum, and the latest
one was the rare earths and we just stated too,
I just want to let you know that most of
them have no sales or very little sales, and most
(03:59):
all of them lose a ton of money. And by precedent,
not president, but precedent, we had said to you, if
nothing changes, which simply means if nothing changes and they
(04:23):
still have no sales, if nothing changes, when the music
stops and there's no chairs left, they're all going to
go back to where they came from. Within weeks, they
all crashed. We did not know the timing, We don't
(04:44):
know when it just so happened. They've all crashed, some
down seventy percent. And that's what we mean by not
necessarily the timing, but out come. And it's going to
(05:06):
be fluid going forward. But if nothing changes, they're all
going to go back to where they came from, by
the way, some have already. But there's another thing that
stands out for us that does not happen very often,
but when it does, it potentially, potentially is a sore thumb.
(05:33):
And if it ends up being a sore thumb and
you do not take action, you can lose a hell
of a lot of money if you're in the wrong areas.
It is what is known as the front cover indicator.
What well, let me give you some very important exams amples.
(06:03):
From nineteen sixty six to nineteen eighty two. I don't
know if you know this, the market did nothing. The
market was flat for sixteen years, true story. And towards
the end of the seventies there was an article front
(06:26):
page the Death of Equities. I believe it was late
seventy nine. Soon as they put it out, the market
rallied up over a few month period, but then came
down and touched where that article came out, and in
(06:50):
eighty two a new grand supercycle death of equities. In
two thousand or late ninety nine, there was John Chambers
of Cisco Systems on the front cover of Time for instance.
(07:10):
Also on the front cover cover of Time, my good
friend Jonathan Hodig sent this to me was the big deal.
You know what? That was AOL Time Warner deal with
both CEOs on the cover smiling, and in case you
don't know, the stocks crashed. You see the front cover indicator,
(07:37):
especially when it comes to non financials, non financial media
like Time or Newsweek, once they are reporting on it,
everything's already made a big movie. Both up or down
(08:04):
does not mean the trend has to change. We're just
letting you know. It's usually at a very important juncture
or getting close to it. You see, if a stock
goes up thirtyfold and all of a sudden, Time magazine
(08:29):
or Newsweek or whoever has a front cover and a
big article touting it and shouting it and interviewing the CEO,
what you need to know is the only reason they're
doing that is to sell the magazines because it's a
hot topic because of how good the stock has done.
(08:53):
You're catching where I'm going. So this week Time Magazines
twoenty twenty five person or Persons of the Year Architects
(09:17):
of artificial Intelligence. Huh, I have news for you. I
have my ear to the ground. I didn't know what
the hell artificial intelligence was eighteen months ago. What the
hell is that. Did you ever hear of it? I didn't,
not a lick. But of course in the last eighteen
(09:42):
months the noises got louder and louder and louder and
louder and louder. And by the way, we're not poo
pooing it. Yeah, nice words, Gary, poopooh, we're not putting
it down. Dating facts everything artificial intelligence. We have highlighted
(10:05):
for you companies just making any announcement artificial intelligence, companies
getting involved artificialtell Disney billion dollars to open AI for
artificial intelligence for their characters, Like I asked myself, why
do they need that? But I digress again. You can't
(10:29):
turn on the TV, you can't go online without reading
about artificial intelligence. Up next, you'll get it. Thanks for
being here. I'm Gary. This is the one only Investor's Edge. Hi.
Speaker 3 (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):
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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):
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That's eight eight eight four two two five to five,
five to nine. Investment advisory services offer through Call Capital Management.
Speaker 1 (12:05):
It's time to switch on the integrator units and to
get the brain cells where you're listening to.
Speaker 2 (12:11):
Okay, it's promise, it could be fun.
Speaker 4 (12:14):
Investors Edge the last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bob.
Speaker 2 (12:19):
It doesn't get better than this. So number one, why
(12:46):
did they name artificial intelligence people as the persons of
the year Because it's hot as crap. They want to
sell magazines. What's the big talk of the town. Well,
it ate the New York Giants. It's not the disappointing mets.
(13:15):
It's artificial intelligence. So let me start by saying, these
types of announcements and front covers and pronouncements, listen carefully,
do not happen at bottoms. Very often it comes at
(13:41):
late stages. Not because the front cover makes the area
drop in price in the market, but it would be
because it comes out after a gargantuan move. It's an
indicator of ours, by the way, and others. That really
(14:04):
is a sore thumb, and always happens after a move
in the industry, in the market. This does not necessarily
mean that all hell's going to break loose or it's
going to top. We just on notice and we put
(14:28):
it in our file manager that holy crap, because we
remember John Chambers, we remember the AOL, we remember the
death of Equities, and many other front covers. And by
the way, I have them stashed away here and I
will find them because there are others. When did this
(14:51):
come out? Was it yesterday or wednesday? What's the difference?
Doesn't matter? Yesterday or Wednesday doesn't matter. So let me
give you the second part of my equation. Second part
(15:15):
of my equation. One of the technical indicators of a
change of direction is when things start swinging wildly in
the market. In other words, you're going down, you're going down,
(15:38):
You going down, you going down, and then all of
a sudden you have a big up day and a
big down day, and a big up day, and a
big down day, and a big up day, and a
big up week and a big down week. Usually it
means after you're going down, the buyers start picking up,
get some strength, and the sellers peter out. What about
(16:01):
going higher? Well, you drop big and then you rally
back up. And then you drop big and you rally
back up, and you drop big and you rally back up.
All this after a big multi month if not longer,
move to the upside. Do you know what's been going
(16:22):
on with a lot of artificial intelligence stocks over the
last weeks, those wide and loose swings. So we have
this front cover, and by the way, do not shrug
this off. Combine with wide and loose, and we won't
know what we came into today. But let me give
(16:44):
you some For instance, Leader Lite down forty seven dollars today,
the three hundred and twenty four sand Disk down thirty
five dollars to two hundred and six Caterpillar, which is
an AI stock down twenty eight. Celestica down forty four
(17:06):
to three oh six. Broadcom on their earnings down forty
six to three point fifty nine, by the way, ten
to twenty percent drops today, KLAC down fifty two, ASML
down forty one, Seagate down twenty to two eighty seven,
(17:27):
Western Digital down ten to one seventy six. Well, I'm
me to continue Fix down fifty seven the ninth, by
the way, it was down one hundred at one time. Today.
PWR down twenty eight to four thirty eight. Again a
bunch of ten to twenties but mostly a lot of
five to fifteen's. We already know about the crash and
(17:51):
Oracle as of recent on big numbers goes from three
forty five down to one ninety gags on earnings. We
know about in video, which is topped out for now
and can't get back above the fifty day moving average,
even though there was some announcement on China that should
have rallied things up. Then you have like data centers
(18:13):
like VRT down seventeen to one sixty one, breaking the
fifty day moving average, Robinhood breaking the fifty day moving average,
Credo breaking the fifty day moving average, Anthenol breaking the
fifty day moving average, b breaking the fifty day moving average.
The construction names hit hard today, the energy names hit hard.
(18:35):
We're talking all artificial intelligence related. I can do others.
I think I've made my point, so we'd just letting
you know that. I say, Ciena down twenty four bucks
to two eighteen after earnings, had a good reaction yesterday.
(18:57):
So we're just letting you know. Anything breaking the fifty
day moving average in this realm, in this area should
be on notice and should be evaluated. We don't know
(19:21):
what today meant. We know what today is. Will it continue?
I don't know, but wide and loose patterns, and we're
going to show that in our webcast this weekend, combined
with Artificial Intelligence Persons of the Year, and I believe
(19:50):
it's something that has to be paid attention to. And
I want you to remember very over owned, very over love,
very over leveraged. Every fricking pundit that goes on TV
is bullish on them when I'm like what, there's a
lot of things breaking down, So let's keep this in mind.
(20:14):
You're on notice. To be fair, we had a big
crash on deep Seek early in the year they crashed
the AI's they came back. You had a big crash
under Trump's stupid Liberation Day tariff stuff. They came back.
(20:36):
We're just later in the move and now this up next,
got a lot's to cover lesson day. This is the
one only investor's.
Speaker 4 (20:45):
Edge you're listening to America is put them investor's edge.
Speaker 2 (21:16):
He's gotta be beat with the crowd.
Speaker 4 (21:18):
Is just on his feet here.
Speaker 1 (21:20):
He just said, you're out a boy with Gary Caldbob.
Speaker 2 (21:23):
He'm highly recommended. You're gonna feel better if you talk to.
Speaker 5 (21:26):
Him and work once again to investor's edge.
Speaker 2 (22:07):
Okay, so very rough day. I will tell you that
the froth is coming off. Remember we said they were
bouncing a little bit. The froth after crashing, they're crashing
them back down again. The quantum, the nuclear and all
that no sales stuff. I got to tell you one
(22:27):
of them. You know, we have this post a child
that we keep bringing up to you has gone from
one ninety three to eighty seven, and at eighty seven dollars,
it still has a thirteen point six billion dollar market
cap with no sales. Simple, oklo, And we're not pissing
(22:47):
all over the company. This is not about the company.
We're dealing with stock price and valuations. Here it's Nuclear.
They have no sales. Now supposedly they have contracts, and
we're not going to argue that point. But where you're
letting you know it still has thirteen points. Let me
hold on. Yeah, thirteen point six billion market cap with
no sales. The stock came from ten bucks and it's
(23:13):
still eighty seven and it has us saying they better
get some sales. Oh and by the way, they better
make money off of those sales. And again we are
not ripping on the company. This is all about valuation
and price and the protection of you when things go awry.
(23:35):
I got another one right here in the same space.
It's only gone from sixty one to thirty five, and
only as a one point five billion dollar market cap
with no sales in Nuclear. This is what we're trying
to tell you. How about this one that's gone from
(24:01):
four to sixty four to two fifty. By the way,
this one has sales. I'm not gonna mention the rest
of the symbols. And then you got this rare earth stuff.
And again we must take on the president on this
because he keeps announcing we're doing these deals with rare earth,
(24:23):
and they keep bouncing up these rare earth stocks with
no sales. Well, I found one that just went from
one hundred to fifty six. And you know what's happening
here at fifty six, oh fifty million dollars of insider selling. HM,
(24:48):
just letting you know, just letting you know. So the
froth is coming off of State the hell away from it.
The froth is coming off of a lot of risky
biotech alls. So when we say risky just no sales,
(25:08):
we're very little, lose a lot of money companies. We
be careful there. That's all in other news, and this
irritates the hell out of us. And again we have
no bias. We don't care about anybody in DC. We
(25:30):
have no love for anybody, nothing personal. They've earned the
wrath two trillion dollar deficit this year, thirty eight trillion.
We're going to forty quickly since DOGE two trillion up
or in less than a year, actually two point one trillion.
So we don't care about them. We just like good policy,
(25:53):
that's all. And when there's good policy, we are going
to compliment them like crazy. And when there's bad well,
let me talk about one. It looks like our president
is going to loosen regulations on marijuana. Let's put the
pieces of the puzzle. They're knocking out boats that are
(26:19):
transporting drugs and blowing them up, killing the transporters of
the drugs. But he pardons the ex head of Honduras
(26:42):
that was found guilty in going to jail for trafficking
four hundred tons of cocaine, and now he wants to
loosen restrictions on marijuana. So which is it? And I
don't care what any of you say. It doesn't matter
to me. Marijuana is not good for your health, that's all.
(27:08):
So I don't get it the inconsistency anyway. Marijuana stocks
had a strong day today. Oh anyway, they're all down
about ninety whatever percent since nineteen when they told you
had to own them. You ready for this till ray?
I guess they did reverse splits hit three thousand dollars
(27:30):
in twenty and nineteen. It was up four bucks this
week to twelve dollars. How about that? How about symbol
MJ And I'm pretty sure that's like index was up
forty two percent today to thirty eight dollars. The high
(27:55):
was five hundred and forty five dollars in twenty and eighteen.
I have no clue whether this is a one off
on the move today or not. I'm just letting you
know the weed stocks had a good day today. And
by the way, as I always say, just walk Manhattan.
It's one big gigantic bond hit. Seriously, just walk anywhere
(28:19):
in Manhattan and take a whiff. It's one big gigantic
bond hit. Let's continue. Symbol FRM I another one of
those IPOs that we told you to be careful about.
(28:40):
Twenty one dollar IPO. The second day was at thirty
five ten down thirty four percent. Today they announced their
first get this, their first potential tenant for something called
the product check Matador Data Center Campus terminated their one
(29:03):
hundred and fifty million dollar advance in aid of construction agreement.
This is what I'm talking about. There's been a lot
of hey, you know, the shape of things to come
believe in it and stuff like that. You know, we'll
(29:35):
see how it plays out. We wonder, we really do
wonder about all the protestations and predictions. And today Oracle
they sent a spokesperson out on TV to try and
(29:58):
debunk problems with Oracle and getting things done on time,
because Oracle was down another nine dollars. Today it has
gone from three hundred and forty five dollars, make that
almost three forty six to one ninety since mid September, which,
by the way, has surprised the hell out of us.
(30:21):
No way would I would have believed that happened or
what's gonna happen, because they've announced backlogs up the wazoo.
The market's not believing, and the markets worried about all
the debt to do all this stuff going forward. Will
(30:48):
keep you informed on it, will keep you informed on it.
But all I can tell you there's something sticking out,
some sore thumbs, the widen loose of all this. AI
(31:11):
was loose to the downside today. Next week is another week.
We'll stay on top of it. I want to repeat
you had a worse move in the deep seek. I
believe that was February. You had a terrible drop on
the Trump tariff, and both times came back. We're just
(31:34):
letting you know your father along and you're very widen
loose up next whatever else we can think of, I'm Gary,
this is the one only investors edge.
Speaker 1 (32:14):
You're listening to what.
Speaker 2 (32:18):
One ready we can't rey called Bob in other news.
(32:43):
You know when we quote Warren Buffett one of our
favorite quotes, and I'm paraphrasing it, but it goes something like,
it takes a lifetime to build a reputation in a
minute to lose the whole thing. Have you read that
read this? Are you watching this story about the coach
(33:03):
no longer the coach of University of Michigan football program?
Holy crap? Number one, that's part but also number two,
what is our other little motto that you teach your
kids never piss on prosperity. He got a guy that
(33:25):
was assistant coach at University of Michigan became head coach
making six million bucks a year. Would you like to
make six million bucks a year coaching football? And what
does he do? He's married, has three kids, He has
an affair with his whatever assistant and from what we
(33:50):
are now being told, it was well known and Michigan
wasn't doing anything about it. Supposedly we'll find out. And
now he's toast because the woman dropped dime on him
and then he threatened her, and now he's arrested. Now
(34:11):
he's threatening suicide and they got him in jail, and
who the hell knows, My goodness, gracious, you know, we've
had hmmm, we've had people that worked with us that
(34:34):
passed because of alcoholism. And we tried, we did everything possible.
We'd always say the same thing to them, there's only
one thing in the world you don't do, and that's
drink alcohol. Yet they did. And I'm not comparing somebody
dying to this guy, but man, here's something just don't
(34:58):
do this, and he did and now his life is
in shambles. It's amazing the lack of discipline. And by
the way, we're not jumping on because addiction. I've watched it.
(35:18):
I can't imagine the war people go through with addiction.
It was a war and I watched it firsthand, and
nobody can do anything about it. We feel for so
many it really is a disease. Next, just letting you
(35:45):
know the scummy, sleezy New York Times and they're now
writing articles about how bad the border was under Biden.
What a bunch of clowns at the New York Times.
You do know they never wrote about it in his
four years. Well, We're telling you about it every week.
In plain sight is videos. You know, the only people
(36:07):
that played the videos was Fox because all the media
blacked it all out because the media sucks. Now the
New York Times is reporting it. Speaking of that, you
know what else, the BBC, United Nations, Amnesty International, all
these Israel hating as clowns are now reporting all the
(36:28):
bad things Hamas did. What a bunch of scumbags got?
A bunch of scumbags? Boy, just irritates the hecatomy late
breaking news, which does not make your handsome and buffed
(36:54):
happy host happy. The President just came out and says
the next Fed chair should consult with on interest rates,
and interest rates should be one percent or lower a
year from now. If interest rates on the Fed funds
go to one percent, expect nine percent inflation again. Just again,
(37:18):
we nailed this for you. We'll nail it again. Inflation
is a monetary phenomenon. It is the central banks that
cause inflation with too much easy money. That's why we
got what we got from Powell. He never got to
blame because he's not elected. Of course, Biden put a
(37:38):
little fuel on the fire with his moronic increase in
the government. But you go take the FED funds down
to one while the market doesn't want it, they'll be
your inflation and then all hell's going to break loose. Unfortunately,
the president doesn't get it. He's an easy money guy,
and that will be lookout below in case you don't know.
(38:00):
Since the Fed lowered their rates, the three and a
half percent, the ten uyear was up again today to
almost four point two, the thirty year four point eighty six. Kids,
I know they tell us their geniuses, they know not
(38:20):
what they do on easy money and interest rates and
the interfering of markets with those interest rates. President Trump,
and I'd say it's his face. He's no free market guy,
(38:40):
and that is unfortunate. We are rooting for him, We
are not against him. We wish him well. We want
nothing but success because his success is our success. But
between the Liberation Day and the tariffs and now wanting
(39:03):
to go to one percent interest rates when long rates
are going higher, faulty. We hope we're wrong, We really do.
We are not anti Trump, we're anti bad policy. We're
(39:27):
pro good policy, and we're pretty sure we're a lot
smarter than they are. Because people in DC only want
easy money. Because they think it's the end all be all.
Why do you think they're in so much debt, our
(39:50):
debt because it's the end all be all debt and
easy money they think is what's a necess No, get
the hell out of our way. That's what's needed. You'll
have a great weekend. Drive carefully again, we're rooting from
and when you get home, do like we do. It's
(40:11):
quite simple. Make sure you hug your family. Make sure
you hug your children. They will feel better. You'll feel better.
I promise they will be well. Thanks for joining, Peace
out all good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Kult' mom 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 Kultbaumb, straight talk about you and
your money now from the Viz Talk studios. Here is
Gary Cultbaumb.
Speaker 2 (00:11):
And well once again to Investor's Edge. I'm Gary Kolbaum,
your host day. Thanks for being with us today. Glad
you hear, ladies and gentlemen, happy that you are listening,
and happy it is Friday, No, really happy it's Friday
the twelfth, two thousand and twenty five. Ladies and gentlemen,
(00:36):
today's going to be a little bit of lesson day.
You know, we don't pretend to be George Soros, William O'Neill,
the greats of the world, but we do think our
studies of bull and bear markets. We'll protect the hell
(00:59):
out of you when things go awry or when something
shows up, especially when we're at extreme moments. But let
us introduce ourselves first. This is Investor's Edge, serious talk
on everything that affects you. We'll do the market, the economy,
your job, your industry. The more locks in DC that
(01:21):
hate us, no really, they hate us, you know that, right, right?
Thirty eight trillion of debt. You think they like us?
If you do, you're a mark because they're con artists.
I digress. If you do not get this radio show
(01:42):
and you city, we'll post it at gary Ka dot com,
also on our X feet. If you don't follow us
at x you should. We'll post it on podcast apps
and the biz tv YouTube channel. If you'd like to
email me, just be nice and all that what I
say less in time. I'm gonna point out two things.
(02:05):
But first let me state there's nothing ever one hundred
percent in the market. When we tell you something specific
is happening, nothing's one hundred percent when we tell you
something is breaking out of range. And that simply means, well,
a stock, a sector, an index, or whatever hits one
(02:28):
hundred bucks seven times over six months, and every time
it hits one hundred, it stops and comes back down,
and finally it breaks above a hundred. Well that's a breakout.
But that doesn't mean three days later it doesn't break
back below. There's no rule of thumb. You just know
that this is what you want to look for if
(02:49):
something is going to go higher. Same for breakdowns. And
all kinds of action in the market are is to
get main trends right, the big trends, especially the big
bad trends, to not be in them and get squashed.
(03:16):
For example, For example, what's one of the things we
did for all of you in the last I don't know,
two months, three months we thought we had extreme froth
and speculation. We even highlighted the areas and it wasn't
(03:36):
hard drones, space, robo everything, nuclear, quantum, and the latest
one was the rare earths and we just stated too,
I just want to let you know that most of
them have no sales or very little sales, and most
(03:59):
all of them lose a ton of money. And by precedent,
not president, but precedent, we had said to you, if
nothing changes, which simply means if nothing changes and they
(04:23):
still have no sales, if nothing changes, when the music
stops and there's no chairs left, they're all going to
go back to where they came from. Within weeks, they
all crashed. We did not know the timing, We don't
(04:44):
know when it just so happened. They've all crashed, some
down seventy percent. And that's what we mean by not
necessarily the timing, but out come. And it's going to
(05:06):
be fluid going forward. But if nothing changes, they're all
going to go back to where they came from, by
the way, some have already. But there's another thing that
stands out for us that does not happen very often,
but when it does, it potentially, potentially is a sore thumb.
(05:33):
And if it ends up being a sore thumb and
you do not take action, you can lose a hell
of a lot of money if you're in the wrong areas.
It is what is known as the front cover indicator.
What well, let me give you some very important exams amples.
(06:03):
From nineteen sixty six to nineteen eighty two. I don't
know if you know this, the market did nothing. The
market was flat for sixteen years, true story. And towards
the end of the seventies there was an article front
(06:26):
page the Death of Equities. I believe it was late
seventy nine. Soon as they put it out, the market
rallied up over a few month period, but then came
down and touched where that article came out, and in
(06:50):
eighty two a new grand supercycle death of equities. In
two thousand or late ninety nine, there was John Chambers
of Cisco Systems on the front cover of Time for instance.
(07:10):
Also on the front cover cover of Time, my good
friend Jonathan Hodig sent this to me was the big deal.
You know what? That was AOL Time Warner deal with
both CEOs on the cover smiling, and in case you
don't know, the stocks crashed. You see the front cover indicator,
(07:37):
especially when it comes to non financials, non financial media
like Time or Newsweek, once they are reporting on it,
everything's already made a big movie. Both up or down
(08:04):
does not mean the trend has to change. We're just
letting you know. It's usually at a very important juncture
or getting close to it. You see, if a stock
goes up thirtyfold and all of a sudden, Time magazine
(08:29):
or Newsweek or whoever has a front cover and a
big article touting it and shouting it and interviewing the CEO,
what you need to know is the only reason they're
doing that is to sell the magazines because it's a
hot topic because of how good the stock has done.
(08:53):
You're catching where I'm going. So this week Time Magazines
twoenty twenty five person or Persons of the Year Architects
(09:17):
of artificial Intelligence. Huh, I have news for you. I
have my ear to the ground. I didn't know what
the hell artificial intelligence was eighteen months ago. What the
hell is that. Did you ever hear of it? I didn't,
not a lick. But of course in the last eighteen
(09:42):
months the noises got louder and louder and louder and
louder and louder. And by the way, we're not poo
pooing it. Yeah, nice words, Gary, poopooh, we're not putting
it down. Dating facts everything artificial intelligence. We have highlighted
(10:05):
for you companies just making any announcement artificial intelligence, companies
getting involved artificialtell Disney billion dollars to open AI for
artificial intelligence for their characters, Like I asked myself, why
do they need that? But I digress again. You can't
(10:29):
turn on the TV, you can't go online without reading
about artificial intelligence. Up next, you'll get it. Thanks for
being here. I'm Gary. This is the one only Investor's Edge. Hi.
Speaker 3 (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 1 (12:05):
It's time to switch on the integrator units and to
get the brain cells where you're listening to.
Speaker 2 (12:11):
Okay, it's promise, it could be fun.
Speaker 4 (12:14):
Investors Edge the last bastion of quality programming.
Speaker 1 (12:18):
With Gary called Bob.
Speaker 2 (12:19):
It doesn't get better than this. So number one, why
(12:46):
did they name artificial intelligence people as the persons of
the year Because it's hot as crap. They want to
sell magazines. What's the big talk of the town. Well,
it ate the New York Giants. It's not the disappointing mets.
(13:15):
It's artificial intelligence. So let me start by saying, these
types of announcements and front covers and pronouncements, listen carefully,
do not happen at bottoms. Very often it comes at
(13:41):
late stages. Not because the front cover makes the area
drop in price in the market, but it would be
because it comes out after a gargantuan move. It's an
indicator of ours, by the way, and others. That really
(14:04):
is a sore thumb, and always happens after a move
in the industry, in the market. This does not necessarily
mean that all hell's going to break loose or it's
going to top. We just on notice and we put
(14:28):
it in our file manager that holy crap, because we
remember John Chambers, we remember the AOL, we remember the
death of Equities, and many other front covers. And by
the way, I have them stashed away here and I
will find them because there are others. When did this
(14:51):
come out? Was it yesterday or wednesday? What's the difference?
Doesn't matter? Yesterday or Wednesday doesn't matter. So let me
give you the second part of my equation. Second part
(15:15):
of my equation. One of the technical indicators of a
change of direction is when things start swinging wildly in
the market. In other words, you're going down, you're going down,
(15:38):
You going down, you going down, and then all of
a sudden you have a big up day and a
big down day, and a big up day, and a
big down day, and a big up day, and a
big up week and a big down week. Usually it
means after you're going down, the buyers start picking up,
get some strength, and the sellers peter out. What about
(16:01):
going higher? Well, you drop big and then you rally
back up. And then you drop big and you rally
back up, and you drop big and you rally back up.
All this after a big multi month if not longer,
move to the upside. Do you know what's been going
(16:22):
on with a lot of artificial intelligence stocks over the
last weeks, those wide and loose swings. So we have
this front cover, and by the way, do not shrug
this off. Combine with wide and loose, and we won't
know what we came into today. But let me give
(16:44):
you some For instance, Leader Lite down forty seven dollars today,
the three hundred and twenty four sand Disk down thirty
five dollars to two hundred and six Caterpillar, which is
an AI stock down twenty eight. Celestica down forty four
(17:06):
to three oh six. Broadcom on their earnings down forty
six to three point fifty nine, by the way, ten
to twenty percent drops today, KLAC down fifty two, ASML
down forty one, Seagate down twenty to two eighty seven,
(17:27):
Western Digital down ten to one seventy six. Well, I'm
me to continue Fix down fifty seven the ninth, by
the way, it was down one hundred at one time. Today.
PWR down twenty eight to four thirty eight. Again a
bunch of ten to twenties but mostly a lot of
five to fifteen's. We already know about the crash and
(17:51):
Oracle as of recent on big numbers goes from three
forty five down to one ninety gags on earnings. We
know about in video, which is topped out for now
and can't get back above the fifty day moving average,
even though there was some announcement on China that should
have rallied things up. Then you have like data centers
(18:13):
like VRT down seventeen to one sixty one, breaking the
fifty day moving average, Robinhood breaking the fifty day moving average,
Credo breaking the fifty day moving average, Anthenol breaking the
fifty day moving average, b breaking the fifty day moving average.
The construction names hit hard today, the energy names hit hard.
(18:35):
We're talking all artificial intelligence related. I can do others.
I think I've made my point, so we'd just letting
you know that. I say, Ciena down twenty four bucks
to two eighteen after earnings, had a good reaction yesterday.
(18:57):
So we're just letting you know. Anything breaking the fifty
day moving average in this realm, in this area should
be on notice and should be evaluated. We don't know
(19:21):
what today meant. We know what today is. Will it continue?
I don't know, but wide and loose patterns, and we're
going to show that in our webcast this weekend, combined
with Artificial Intelligence Persons of the Year, and I believe
(19:50):
it's something that has to be paid attention to. And
I want you to remember very over owned, very over love,
very over leveraged. Every fricking pundit that goes on TV
is bullish on them when I'm like what, there's a
lot of things breaking down, So let's keep this in mind.
(20:14):
You're on notice. To be fair, we had a big
crash on deep Seek early in the year they crashed
the AI's they came back. You had a big crash
under Trump's stupid Liberation Day tariff stuff. They came back.
(20:36):
We're just later in the move and now this up next,
got a lot's to cover lesson day. This is the
one only investor's.
Speaker 4 (20:45):
Edge you're listening to America is put them investor's edge.
Speaker 2 (21:16):
He's gotta be beat with the crowd.
Speaker 4 (21:18):
Is just on his feet here.
Speaker 1 (21:20):
He just said, you're out a boy with Gary Caldbob.
Speaker 2 (21:23):
He'm highly recommended. You're gonna feel better if you talk to.
Speaker 5 (21:26):
Him and work once again to investor's edge.
Speaker 2 (22:07):
Okay, so very rough day. I will tell you that
the froth is coming off. Remember we said they were
bouncing a little bit. The froth after crashing, they're crashing
them back down again. The quantum, the nuclear and all
that no sales stuff. I got to tell you one
(22:27):
of them. You know, we have this post a child
that we keep bringing up to you has gone from
one ninety three to eighty seven, and at eighty seven dollars,
it still has a thirteen point six billion dollar market
cap with no sales. Simple, oklo, And we're not pissing
(22:47):
all over the company. This is not about the company.
We're dealing with stock price and valuations. Here it's Nuclear.
They have no sales. Now supposedly they have contracts, and
we're not going to argue that point. But where you're
letting you know it still has thirteen points. Let me
hold on. Yeah, thirteen point six billion market cap with
no sales. The stock came from ten bucks and it's
(23:13):
still eighty seven and it has us saying they better
get some sales. Oh and by the way, they better
make money off of those sales. And again we are
not ripping on the company. This is all about valuation
and price and the protection of you when things go awry.
(23:35):
I got another one right here in the same space.
It's only gone from sixty one to thirty five, and
only as a one point five billion dollar market cap
with no sales in Nuclear. This is what we're trying
to tell you. How about this one that's gone from
(24:01):
four to sixty four to two fifty. By the way,
this one has sales. I'm not gonna mention the rest
of the symbols. And then you got this rare earth stuff.
And again we must take on the president on this
because he keeps announcing we're doing these deals with rare earth,
(24:23):
and they keep bouncing up these rare earth stocks with
no sales. Well, I found one that just went from
one hundred to fifty six. And you know what's happening
here at fifty six, oh fifty million dollars of insider selling. HM,
(24:48):
just letting you know, just letting you know. So the
froth is coming off of State the hell away from it.
The froth is coming off of a lot of risky
biotech alls. So when we say risky just no sales,
(25:08):
we're very little, lose a lot of money companies. We
be careful there. That's all in other news, and this
irritates the hell out of us. And again we have
no bias. We don't care about anybody in DC. We
(25:30):
have no love for anybody, nothing personal. They've earned the
wrath two trillion dollar deficit this year, thirty eight trillion.
We're going to forty quickly since DOGE two trillion up
or in less than a year, actually two point one trillion.
So we don't care about them. We just like good policy,
(25:53):
that's all. And when there's good policy, we are going
to compliment them like crazy. And when there's bad well,
let me talk about one. It looks like our president
is going to loosen regulations on marijuana. Let's put the
pieces of the puzzle. They're knocking out boats that are
(26:19):
transporting drugs and blowing them up, killing the transporters of
the drugs. But he pardons the ex head of Honduras
(26:42):
that was found guilty in going to jail for trafficking
four hundred tons of cocaine, and now he wants to
loosen restrictions on marijuana. So which is it? And I
don't care what any of you say. It doesn't matter
to me. Marijuana is not good for your health, that's all.
(27:08):
So I don't get it the inconsistency anyway. Marijuana stocks
had a strong day today. Oh anyway, they're all down
about ninety whatever percent since nineteen when they told you
had to own them. You ready for this till ray?
I guess they did reverse splits hit three thousand dollars
(27:30):
in twenty and nineteen. It was up four bucks this
week to twelve dollars. How about that? How about symbol
MJ And I'm pretty sure that's like index was up
forty two percent today to thirty eight dollars. The high
(27:55):
was five hundred and forty five dollars in twenty and eighteen.
I have no clue whether this is a one off
on the move today or not. I'm just letting you
know the weed stocks had a good day today. And
by the way, as I always say, just walk Manhattan.
It's one big gigantic bond hit. Seriously, just walk anywhere
(28:19):
in Manhattan and take a whiff. It's one big gigantic
bond hit. Let's continue. Symbol FRM I another one of
those IPOs that we told you to be careful about.
(28:40):
Twenty one dollar IPO. The second day was at thirty
five ten down thirty four percent. Today they announced their
first get this, their first potential tenant for something called
the product check Matador Data Center Campus terminated their one
(29:03):
hundred and fifty million dollar advance in aid of construction agreement.
This is what I'm talking about. There's been a lot
of hey, you know, the shape of things to come
believe in it and stuff like that. You know, we'll
(29:35):
see how it plays out. We wonder, we really do
wonder about all the protestations and predictions. And today Oracle
they sent a spokesperson out on TV to try and
(29:58):
debunk problems with Oracle and getting things done on time,
because Oracle was down another nine dollars. Today it has
gone from three hundred and forty five dollars, make that
almost three forty six to one ninety since mid September, which,
by the way, has surprised the hell out of us.
(30:21):
No way would I would have believed that happened or
what's gonna happen, because they've announced backlogs up the wazoo.
The market's not believing, and the markets worried about all
the debt to do all this stuff going forward. Will
(30:48):
keep you informed on it, will keep you informed on it.
But all I can tell you there's something sticking out,
some sore thumbs, the widen loose of all this. AI
(31:11):
was loose to the downside today. Next week is another week.
We'll stay on top of it. I want to repeat
you had a worse move in the deep seek. I
believe that was February. You had a terrible drop on
the Trump tariff, and both times came back. We're just
(31:34):
letting you know your father along and you're very widen
loose up next whatever else we can think of, I'm Gary,
this is the one only investors edge.
Speaker 1 (32:14):
You're listening to what.
Speaker 2 (32:18):
One ready we can't rey called Bob in other news.
(32:43):
You know when we quote Warren Buffett one of our
favorite quotes, and I'm paraphrasing it, but it goes something like,
it takes a lifetime to build a reputation in a
minute to lose the whole thing. Have you read that
read this? Are you watching this story about the coach
(33:03):
no longer the coach of University of Michigan football program?
Holy crap? Number one, that's part but also number two,
what is our other little motto that you teach your
kids never piss on prosperity. He got a guy that
(33:25):
was assistant coach at University of Michigan became head coach
making six million bucks a year. Would you like to
make six million bucks a year coaching football? And what
does he do? He's married, has three kids, He has
an affair with his whatever assistant and from what we
(33:50):
are now being told, it was well known and Michigan
wasn't doing anything about it. Supposedly we'll find out. And
now he's toast because the woman dropped dime on him
and then he threatened her, and now he's arrested. Now
(34:11):
he's threatening suicide and they got him in jail, and
who the hell knows, My goodness, gracious, you know, we've
had hmmm, we've had people that worked with us that
(34:34):
passed because of alcoholism. And we tried, we did everything possible.
We'd always say the same thing to them, there's only
one thing in the world you don't do, and that's
drink alcohol. Yet they did. And I'm not comparing somebody
dying to this guy, but man, here's something just don't
(34:58):
do this, and he did and now his life is
in shambles. It's amazing the lack of discipline. And by
the way, we're not jumping on because addiction. I've watched it.
(35:18):
I can't imagine the war people go through with addiction.
It was a war and I watched it firsthand, and
nobody can do anything about it. We feel for so
many it really is a disease. Next, just letting you
(35:45):
know the scummy, sleezy New York Times and they're now
writing articles about how bad the border was under Biden.
What a bunch of clowns at the New York Times.
You do know they never wrote about it in his
four years. Well, We're telling you about it every week.
In plain sight is videos. You know, the only people
(36:07):
that played the videos was Fox because all the media
blacked it all out because the media sucks. Now the
New York Times is reporting it. Speaking of that, you
know what else, the BBC, United Nations, Amnesty International, all
these Israel hating as clowns are now reporting all the
(36:28):
bad things Hamas did. What a bunch of scumbags got?
A bunch of scumbags? Boy, just irritates the hecatomy late
breaking news, which does not make your handsome and buffed
(36:54):
happy host happy. The President just came out and says
the next Fed chair should consult with on interest rates,
and interest rates should be one percent or lower a
year from now. If interest rates on the Fed funds
go to one percent, expect nine percent inflation again. Just again,
(37:18):
we nailed this for you. We'll nail it again. Inflation
is a monetary phenomenon. It is the central banks that
cause inflation with too much easy money. That's why we
got what we got from Powell. He never got to
blame because he's not elected. Of course, Biden put a
(37:38):
little fuel on the fire with his moronic increase in
the government. But you go take the FED funds down
to one while the market doesn't want it, they'll be
your inflation and then all hell's going to break loose. Unfortunately,
the president doesn't get it. He's an easy money guy,
and that will be lookout below in case you don't know.
(38:00):
Since the Fed lowered their rates, the three and a
half percent, the ten uyear was up again today to
almost four point two, the thirty year four point eighty six. Kids,
I know they tell us their geniuses, they know not
(38:20):
what they do on easy money and interest rates and
the interfering of markets with those interest rates. President Trump,
and I'd say it's his face. He's no free market guy,
(38:40):
and that is unfortunate. We are rooting for him, We
are not against him. We wish him well. We want
nothing but success because his success is our success. But
between the Liberation Day and the tariffs and now wanting
(39:03):
to go to one percent interest rates when long rates
are going higher, faulty. We hope we're wrong, We really do.
We are not anti Trump, we're anti bad policy. We're
(39:27):
pro good policy, and we're pretty sure we're a lot
smarter than they are. Because people in DC only want
easy money. Because they think it's the end all be all.
Why do you think they're in so much debt, our
(39:50):
debt because it's the end all be all debt and
easy money they think is what's a necess No, get
the hell out of our way. That's what's needed. You'll
have a great weekend. Drive carefully again, we're rooting from
and when you get home, do like we do. It's
(40:11):
quite simple. Make sure you hug your family. Make sure
you hug your children. They will feel better. You'll feel better.
I promise they will be well. Thanks for joining, Peace
out all good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Kult' mom 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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