November 14, 2025 • 40 mins
https://garykaltbaum.com/
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Speaker 1 (00:01):
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:12):
And well once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen, happy that you are listening.
It is Friday, November fourteenth, twenty twenty five, and it's
been quite the week. Quite the week in the market's
quite the week in the news, quite the week in
the week. We'll hope you have a good day. We'll
(00:34):
hope you have a good weekend. As always, serious talk
on everything affects you. We do not screw around. We'll
talk to markets, the economy, your job, your industry, tariffs,
oh yeah, tariffs, debt and deficits and scams and shams
and corruption and government interference. We'll talk that to today.
(00:56):
Hopefully we have enough time today. And if you do
not get this radio show in your city, we'll post
it at gary k dot com awos posted on our
x feed. And if you don't follow us on X
you should just put our name in an X if
you'd like to email us, just be nice. By the way,
we'll let's put the show on the podcast apps as
well as biz TV YouTube channel. Okay, let's see if
(01:16):
I can get through this stuff quickly. Number one, we're
just so tired, and you should be so tired. Well,
let me preface it. We went independent a long time ago.
(01:40):
We still have Republican on our card so we can
vote in the primary in Florida, but we went independent.
If you would followed, have followed us. You know, we
have no love for either party. And when we say party,
we're talking about the people in leadership in the party
over the last couple of decades. The lies, the interference,
(02:06):
the corruption, the giveaways, the glad handing. The list goes
on and on, and of course, thirty eight trillion of
debt just one big, gigantic con game, and we're just
tired of it. And when we go after one side here,
(02:28):
it's for a reason. When we go after the other side,
it's also for a reason. And we catch flack every
now and then from people, but you know, we're not
catching flack anymore. We've been hitting them hard both ways,
both sides, and we don't catch flack anymore because we
think people recognize this guy's onto something and that is enough.
(02:54):
So I just want to let you know today President
Donald Trump lowered and dropped a bunch of tariffs. And
what they are telling us is the reason why they
are doing that is because affordability, and that will lower
(03:16):
prices for citizens. So he's been lying to you since
day one on the tariffs. His peeps have been lying
to you since day one on the tariffs. They have
been telling you and I that the tariffs are paid
(03:39):
by them, not us, that it does not cause prices
to go up. But now they are seeing the polls.
Regardless of what the President says about the polls, his
poll numbers have been heading south. And when you go
deeper into the polls, it's back to affordability. And what
(04:03):
are the reasons why the Marxist Party lost to Trump
and the Republicans is because they caused massive inflation and
told you there wasn't any So this president's been doing
the same. They saw the poll numbers, they obviously got
(04:23):
together and said, mister president, you know the tariffs. You know,
you put the tariff on coffee, and coffee prices of
skyrocketed and a lot of Americans drink coffee. Put the
tarif on beef and the price of beef as skyrocket,
and a lot of people like their beef missed the
president and they're pissed off. Oh okay, so now he's
(04:48):
lowering the tariffs. I just have to tell you, it
pisses me off so much to have to even say
any of this. As you know, we love, love, love
what this president has done on the border, for the
(05:10):
Jewish State and Israel, for crime, foreign policy, and I
think there's going to be more to the Abraham Accords,
But then all this stuff with the bs, with the tariffs,
it's just enough. We got four years of Biden lying
(05:33):
to us the border secure. Kiss my butt. Oh, Afghanistan
was a success, Kiss my butt. There's no inflation, kiss
my butt. Oh, inflation is transitory, kiss my butt. And
then Obama before him, Obamacare. Your premiums are going to
(05:56):
go down, kiss my butt. We just don't want any
of this anymore. And this president has been shooting you
right between the eyes on tariffs and lying about it. Well,
the good news is they've obviously obviously been listening to
(06:16):
Investor's Edge and watching Beyond Fox. As one of the
people that have been out there complaining about tariffs, and
they're lowering them and that should alleviate a little bit.
Good to see next housing. Ugh, as you know, the
(06:39):
cause of the housing distortions lays at the foot of J. Powell.
It's simple. He printed money to nine trillion bucks, took
that money and rigged the bond markets, took all that
conjured up fake money and bought into the bond market.
Taken ten year yields down to half percent, which got
(07:03):
us three percent mortgages. And what did that do well?
Everybody would hire a mortgage refinance. Terrific for them. Anybody
getting new mortgages got three percent or less terrific for them.
But as usual, government causes distortions. And what did that
do well? Number one? Who the hell wants to sell
(07:26):
a home with a three percent mortgage to buy a
home with a seven percent mortgages rates finally normalized because
the yuts got a how to get out of the
way because the inflation he caused no one, so no
inventory leads to housing spiking up, simple as that, and
(07:47):
housing prices have gone haywire to the upside. Now some
areas more than others because everybody wanted to get out
of Crappyes, Blue states into Florida and other places. But
we ended up with fantasyland prices, affordability problems. But what's
the problem now? Guess what this administration's talking about the
(08:12):
answer to the housing I just saw the new fedhead
who's really a puppet for the president. He wants the
lower interest rates, lower interest rates. How is that going
to help affordability? If you lower the Fed funds rates,
it could have the ten year spike higher, which it has,
(08:34):
and that's mortgage rates going higher. That doesn't help affordability.
You know what the answer is to housing? Get government
out of the way. Let's not even hear from them.
Let the market do it. You know what the market
will do. I promise you in time, prices will come
down because demand will go down because of affordability. It
(08:58):
works on its own, and as prices come down, that
feeds on affordability to the better. And if you stop
lowering the short term rates, maybe the long term rates
will stop going up. And by the way, they've been
starting to tick up again. But no, we're geniuses, we
(09:19):
know better. Let's get involved. Yeah, there's a thing about
building some more homes that doesn't make them more affordable,
doesn't necessarily lower prices. Let the free market do it.
The free market has always always normalize things over time.
(09:42):
It's supply and demand. It works great. But no, they're
gonna screw it up again because they think they're big.
And that's one of the problems of government. They think
they're smarter than the market. They think they're better than
the market, and they're not. They really are not. So
(10:09):
I'm just letting you know. I'm in hopes. Get the
hell out of the way, leave it alone, leave it be. Unfortunately,
they are interlopers, they are interferes. So we'll see what happens.
Will stay on top of it. That's the housing thing.
(10:32):
Up next, wild markets.
Speaker 3 (10:36):
This is the one only Investor's Edge.
Speaker 2 (11:02):
Hi, I'm Gary Kolbaum, hosted a nationally syndicated radio show,
Investor's Edge. We're not just handsome radio people. We manage
investors' money for a living, specializing in fee based discretionary
money management. No big commissions, just a fee on the
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(11:25):
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not all individuals have the same needs. Will carefully evaluate
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
(11:47):
five nine. That's eight eight eight four two two five
to five five nine. That's eight eight eight four two
two five to five, five to nine Investment advisory services
offer through Call Capital Management.
Speaker 1 (12:05):
It's time to switch on the integrator units and get
the brain cells working.
Speaker 4 (12:09):
You're listening to OK, it's promised it could be fun.
Investor's Edge.
Speaker 2 (12:15):
The last bastion of quality programming with Gary called Bomb.
It doesn't get better than this.
Speaker 5 (12:30):
And well once again to Investor's Edge.
Speaker 2 (12:37):
So before we get into the final numbers, there's a
lot of jello moving on the plate, and there's a
bunch of things I want to bring up today, which
kind of amazing. Do you know how I have said
to you be careful about owning no sales companies and
you do know that a ton of no sales stocks
(12:59):
are down between fifth seventy percent in just the last
six weeks. But we have also said to you, boy,
we've missed some big moves in no sales companies, and
we bring up biotech names all the time. We won't
buy a no sales biotech Merk. You know, Merk. They
(13:21):
just paid two hundred and twenty one dollars and fifty
cents a share for a company called Sedara Therapeutics nine
point two billion in cash, in cash. Sedara Pharmaceuticals has
(13:43):
been public since for ten years with no sales, and
Merk is buying them. The stock was up one hundred
and five percent today to two hundred and seventy teen
dollars and sixty seven cents. Now I'm reading here valuing
the transaction at nine point two billion, but at the
(14:06):
price the stock is that today it's showing thirty only
six point eight billion. Something's not right because if they're
paying cash, it should be a lot closer to that number. Anyway,
this company has no sales. And here's the amazing part
about this, so we denote it. The amazing part about
(14:31):
this MERK doesn't know as of yet whether their product's
going to sell. Bit time you see, let me read
this to you CD three eighty eight. I guess that's
the name of their drug, a long acting st brain
(15:00):
agnostic anti viral in phase three for preventing influenza and
high risk individuals the candidate. This company does have breakthrough
therapy and fast track designations and has showed efficacy in
the Phase two B trial, Phase one, Phase two, phase three.
(15:24):
So I gather Murk is smart enough to recognize, yeah,
this thing is gonna sell, but they're paying nine point
two billion in cash. They're gonna have to sell a
lot of this stuff and then make a lot of money.
So just letting you know, there is the other side
(15:45):
of us saying to you we're not gonna buy any
no sales stuff. There is that other side. So congratulation.
If anybody has Sidara Therapeutics, dang, And I'm gonna have
to look that up because it's says here two hundred
and twenty one dollars they're paying for in cash. The
(16:07):
stocks are two seventeen. But I'm looking at shares outstand
the shares total. I guess there may be some shares
not being shown on my screen. Anyway. That's that one.
The next thing I have to bring up before we
get to the final numbers that I think is really
of import. Bitcoins getting smoked again today. It is now
(16:35):
down let me see, seventy two to fifty three. That's
nineteen gotta be about twenty four to twenty five percent
from the highs of about five weeks ago. Hum hmm.
(16:58):
And now the talk of the town is that micro
Strategy is causing a lot of proms that we have
been complaining to you about the stock and to avoid it,
(17:19):
simple mstr that's now called strategy. The stock is gone
from four point fifty seven in July, it's now under
two hundred. It was five hundred and forty three last November,
it's now two hundred. That means it's down from the
(17:40):
highs of what seventy percent five point forty three, sixty
five percent? But bitcoins only down, not even close. Bitcoin
(18:00):
is only down a little from last November. How can
that be? Well, this micro Strategy guy, his name Sailor,
it's not spelled Sailor like sailor on the seas, keeps
leveraging to buy more bitcoin, and then I read he's
selling bitcoin to do this, and then it looks like
(18:25):
a I don't know how to explain it. I'm wondering
if the bitcoin eers, bitcoin heights are worried about forced
selling because of leverage. Just letting you know, Just letting
(18:52):
you know, because today the Nasdaq has had this unbelievable reversal,
and typically you would see bitcoin reverse with it, and
it's trading near the lows of the day. The bitcoin price.
I only have the ETFs on my thing, but the
(19:13):
bitcoin price is currently ninety four thousand, three hundred and
fifty eight at this second. The high was one hundred
and twenty four thousand and three ten, So twenty eight
on one to yeah about let's call it twenty three
twenty four percent from the highs. So just letting you know.
(19:36):
And I have to tell you on this micro strategy,
I don't know what's next. We've been telling you for
a while, avoid something up. I'm thinking that the market
forget what anybody thinks, thinks that there's going to be
(19:59):
some force selling, because look, I don't know the guy,
but there are a lot of people calling what he's
been doing is a scheme. And all I know is
when you are leveraged to the hilt in one asset
and that asset keeps going down, that's a problem. You
(20:19):
know it caused two thousand and eight leverage leveraging those
mortgage backed securities two thousand and eight. The ass clowns
back then were leveraging assets at ten and twenty to one,
which guaranteed bankruptcy. Anyway, next, rest of the market, whatever else.
(20:43):
This is the one only investor's edge.
Speaker 4 (21:11):
You're listening to. America is talking calling investor's edge.
Speaker 2 (21:16):
He's gotta be with the crowd. Is just on his
feet here, said a boy with Gary called Bob. I'm
highly recommended.
Speaker 6 (21:24):
You're gonna feel better if you talk to him.
Speaker 2 (21:39):
And welcome against investor's edge. You can go look up
Ron Barron b A. R O N. I was at
the Barren Capitol Confab at the Lincoln Center in New
York City for a bunch of the day to day
(22:02):
and I got to see CEOs of onon holdings. But
I got to mention one, by the way, the following
company I'm about to mention, we are not advocating buying, selling, shorting,
or covering. I saw the shopify symbol shop and by
the way, we do not own the stock as of now.
(22:25):
So the CEO, I thought the guy was terrific I
thought it was a fantastic presentation. I'm gonna have to
do a lot more research on the company. I mean,
it's been a great stock through the years. Actually it's
just back to its night twenty twenty one highs, but
(22:48):
before that, I mean it's had a big move up.
Very impressed, very impressed to see. And I never didn't
know him from anything. This comedian Sebastian man of buh
Blah blah Ski or whatever his name is. They bring
(23:10):
on different acts throughout the day. I believe Shanaia Twain
was there. I didn't see that. I picked the comedy Sebastian.
I don't know what his last name is. And I
think they have a headliner tonight, but I don't know
who it is. Anyway, that's a sneeze. I don't have
(23:32):
a dump button because I'm on my iPhone right now. Anyway,
Very impressed, and you should look up Ron Barren. Brilliant.
He's the opposite of what I do. I wish I
could do what he does. He's own Tesla for like
forever and is a bazillion dollars. They will hold through
(23:55):
bull markets, bear markets, draw downs, you name it. They
are company specific. They don't care about bullin bear markets.
God bless them. That's amazing, and they've got a hell
of a track record. Good on them.
Speaker 7 (24:16):
So I'm going to spend the next few minutes on
the fifty day moving average because of today, i want.
Speaker 2 (24:30):
To repeat something to you. They tell you cannot time
the market, that's because they never tried, because you have
to work at it. Not going to call them liars,
We're just going to say they've never tried because you
have to work at it. So when you are looking
(24:51):
at price and date on a chart, bullin bear market,
trace out patterns and very simple patterns going up are
good patterns going down our bed duh duh. And throughout
history and going back ages before there were a ton
(25:15):
of mutual funds and hedge funds, the fifty day moving
average consistently got defended in bullish phases. And as we
have explained to you, the fifty day moving average all
(25:36):
it is is if you're plotting price on a piece
of paper, and each day price moves, the fifty day
is the last fifty day closes. You add it up,
divide by fifty, and you get a smooth outline, and
(25:57):
in bull markets ascends above an ascending fifty day moving average,
and all pullbacks to that area are contained, and then
price resumes the ascending. If the market weakens, there can
(26:22):
be points in time where price gets below but just
sits just below, sits around, hangs around, stays around, and
then gets back above and then breaks out again. But
in bull markets, for the point of this is that
(26:42):
price keeps ascending along and all pullbacks are contained in
and around there. We have proven it out, And how
do we prove it out? Well, We've print out thousands
and thousands of pieces of paper of charts of stocks
(27:04):
and sectors in markets and countries and commodities in bull markets.
It's the one consistent characteristic of a bullish phase in
the market. Simple as that full stop the next part
(27:27):
of that equation, the longer it ascends along that fifty
day and the more it tests the fifty day and
succeeds the end problem is it conditions the masses that
the next time it's going to succeed again. But if
(27:52):
the next time it breaks, the masses are not ready
and do not believe, and they get caught. We don't
because we recognize that other part of the equation, the
longer it holds, and the more times it holds on visits,
(28:17):
the more condition the masses are. And typically you're going
later stage, and that's because that entity had a very
strong move up over a certain period of time. And
if you've never seen one of our award winning webcasts
(28:39):
on the fifty day moving average, we from time to
time will do special webcasts going back to different bullish
phases and they all look the same. Looking at a
photo album for familiar faces, day move an average and physically,
(29:02):
what's happening there to do that? It's your big institutions,
your big money crowd in recognition of those areas and
acting to defend it until it can no longer be defended.
And that's when it becomes a somewhat of a give up.
And that's when you break through the fifty day as
(29:25):
things worsen and then you go into a correction of
import if not a full blown bear market. That's all
it is. And do they collude together. Are they on
the phone? No, they just all know throughout the years
how things work. They know what we know that everybody
(29:49):
says you can't do. We're cool with that. That's the
fifty day moving average. And then there's the two hundred
day move average, and if you let it go down there,
that means you really fell a long way. But that
is really hell if you break the two hundred day
(30:13):
for instance, and by the way, that's just the last
two hundred days added up divided by two hundred. Oracle
today which just dropped from three twenty two and a
half down to to ten in five weeks, hit the
two hundred day moving average today within eh buck and
(30:35):
bounced up twelve. Now that's a bear market though, and
a bear market bounce. It's not ascending. It's a little recovery.
But we also watch that also there are other little
moving averages. Now. I know the traders will look at
a ten a stronger moving averages a twenty one because
(30:57):
it's only the last twenty one days, but that's only
for the real strong. For me, it's always the fifty day.
And there's a reason why we are bringing up the
fifty day moving average again today because in case you
do not know today, the NASDAC right at the open
(31:20):
today hit twenty two eight three five, twenty two eight
three five. Now I take that back, it hit twenty
two four three six. My bed wait till you hear
how it finished up next that. I'm gary, this is
(31:44):
the one only investor's.
Speaker 4 (31:45):
Edge you're listening to.
Speaker 2 (32:16):
What are you waiting for?
Speaker 4 (32:18):
One to ready?
Speaker 2 (32:25):
We can't recall pot.
Speaker 7 (32:36):
And well once again to investor's edge.
Speaker 2 (32:43):
Yeah, the people that love Trump are on TV blaming
Biden for the for the higher prices at the grocery store.
I got news for you. They're right, but they're given
no fault to Trump as usual we which means they're
bs and you be careful, Okay, back on point. The
(33:06):
Nasdak today hit twenty two four three six in the
morning after yesterday's horrible drop at nine thirty five, twenty
two four three six, four hundred and sixty four points
(33:28):
below the close. The Nasdaq was down four hundred and
thirty four points in the first five minutes today and
finished up thirty You ready for this. The fifty day
(33:49):
moving average is twenty two thousand and eight three five.
It closed at twenty two nine, sixty five points above
the fifty day moving average. They defended the Nasdak today,
which means they defended the Nasdaq one hundred, which hit
(34:10):
twenty four five three four closed at twenty five eight.
That means four hundred and sixty points. The Nasdaq one
hundred was down, finished up fourteen and just above the
(34:31):
fifty day moving average. But Gary, I thought institutions defended
the fifty how did they go below? They defend the
closes very often. What happens is what is known as
an undercut. It's undercut, and typically the undercut happens early.
(34:57):
The NASDAK and the Nasdaq one hundred, we're defended like
no tomorrow now, I will tell you this. At one
point today, amazingly, the Nasdaq hit twenty twenty three oh
seventy three, was up two hundred and three, so it
gave back.
Speaker 4 (35:19):
To me.
Speaker 2 (35:19):
The important is what it got back. But we're not done.
What do we tell you? The most important group is
the Philadelphia Semiconductor Index today, which dropped seven and a
half points the fifty day moving average sixty six point
(35:40):
thirty nine. It hit sixty five eighty seven in the morning,
undercutting close strong at sixty eight to eleven, decently back
above the fifty day. Which takes me to the most
important stop to that area is Nvidia. You're ready for this.
(36:04):
Nvidia today finished up three dollars and thirty one cents, terrific.
It hit a load today of one point eighty fifty
eight closed at one ninety seventeen. So at one time today,
(36:31):
at one time today, it was nine dollars and fifty
cents lower. It was down over six dollars and reverse
back above it. Do you know what Nvidia did last
week the exact same thing. So the most important semiconductor
(36:54):
stock got defended. Also today the big guns were out there,
they were in recognition. Does this hold? I'll let you
know next week we deal in real time. Here a
(37:15):
great defense today in the market of the Semis, Nasdak
NAZDAK one hundred and the Semis led by the number
one stock. And as long as that holds good news.
(37:37):
I take that back potential good news. And I say
potential because on any drop it causes damage in the market.
Drops take pretenders or lessers off the table. And I
(37:58):
can tell you I have a few dozen stocks that
have broken the fifty day and now are living below
the fifty day moving average. Just letting you know that's
the story today. I call it a goal line stand.
(38:22):
When I sent out my notes this morning, I had stated,
look at this, look at that, look at this, look
at that, look at this, look at that, look at this,
look at that. But we are going to need a
goal line stand right here, and you got one today
for now again, So another day where those big indices
(38:47):
did not break below the fifty day at the close.
So since late April, not one day have we had
a close below but the big indicies. But we've now
started to test them a little longer, a few more times,
and eventually, as we said earlier, we'll get late stage
(39:12):
finally break it, will recognize it. The masses will not.
I can promise you the masses today sire relief, a
big sire relief in the market. Now. The Dow was
down three hundred. I will tell you something that was interesting.
(39:33):
The banks which failed miserably yesterday, we're not in great
shape today. Goldman Sachs down fourteen, JP Morgan down six,
the two most important names. That's a hum let me
throw out. Also masked Card and Visa really breaking down now,
(39:56):
something we're going to be watching going into next week.
So that's basically the story. I got a lot of
scanning to do. We'll see what comes of it. We
hope you have a good weekend. Drive carefully and when
you get home, do like we do. Quite simple. Make
sure you hug your family. Make sure you hug your
children and they will feel better. You will feel better.
(40:17):
I promise, stay well, be well until Monday. Peace out,
all good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary cult Moom on
Biz Talk. To listen to past episodes or to get
in contact with Gary, go to Garykay dot com. That's
garyka dot com
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:12):
And well once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you here, ladies and gentlemen, happy that you are listening.
It is Friday, November fourteenth, twenty twenty five, and it's
been quite the week. Quite the week in the market's
quite the week in the news, quite the week in
the week. We'll hope you have a good day. We'll
(00:34):
hope you have a good weekend. As always, serious talk
on everything affects you. We do not screw around. We'll
talk to markets, the economy, your job, your industry, tariffs,
oh yeah, tariffs, debt and deficits and scams and shams
and corruption and government interference. We'll talk that to today.
(00:56):
Hopefully we have enough time today. And if you do
not get this radio show in your city, we'll post
it at gary k dot com awos posted on our
x feed. And if you don't follow us on X
you should just put our name in an X if
you'd like to email us, just be nice. By the way,
we'll let's put the show on the podcast apps as
well as biz TV YouTube channel. Okay, let's see if
(01:16):
I can get through this stuff quickly. Number one, we're
just so tired, and you should be so tired. Well,
let me preface it. We went independent a long time ago.
(01:40):
We still have Republican on our card so we can
vote in the primary in Florida, but we went independent.
If you would followed, have followed us. You know, we
have no love for either party. And when we say party,
we're talking about the people in leadership in the party
over the last couple of decades. The lies, the interference,
(02:06):
the corruption, the giveaways, the glad handing. The list goes
on and on, and of course, thirty eight trillion of
debt just one big, gigantic con game, and we're just
tired of it. And when we go after one side here,
(02:28):
it's for a reason. When we go after the other side,
it's also for a reason. And we catch flack every
now and then from people, but you know, we're not
catching flack anymore. We've been hitting them hard both ways,
both sides, and we don't catch flack anymore because we
think people recognize this guy's onto something and that is enough.
(02:54):
So I just want to let you know today President
Donald Trump lowered and dropped a bunch of tariffs. And
what they are telling us is the reason why they
are doing that is because affordability, and that will lower
(03:16):
prices for citizens. So he's been lying to you since
day one on the tariffs. His peeps have been lying
to you since day one on the tariffs. They have
been telling you and I that the tariffs are paid
(03:39):
by them, not us, that it does not cause prices
to go up. But now they are seeing the polls.
Regardless of what the President says about the polls, his
poll numbers have been heading south. And when you go
deeper into the polls, it's back to affordability. And what
(04:03):
are the reasons why the Marxist Party lost to Trump
and the Republicans is because they caused massive inflation and
told you there wasn't any So this president's been doing
the same. They saw the poll numbers, they obviously got
(04:23):
together and said, mister president, you know the tariffs. You know,
you put the tariff on coffee, and coffee prices of
skyrocketed and a lot of Americans drink coffee. Put the
tarif on beef and the price of beef as skyrocket,
and a lot of people like their beef missed the
president and they're pissed off. Oh okay, so now he's
(04:48):
lowering the tariffs. I just have to tell you, it
pisses me off so much to have to even say
any of this. As you know, we love, love, love
what this president has done on the border, for the
(05:10):
Jewish State and Israel, for crime, foreign policy, and I
think there's going to be more to the Abraham Accords,
But then all this stuff with the bs, with the tariffs,
it's just enough. We got four years of Biden lying
(05:33):
to us the border secure. Kiss my butt. Oh, Afghanistan
was a success, Kiss my butt. There's no inflation, kiss
my butt. Oh, inflation is transitory, kiss my butt. And
then Obama before him, Obamacare. Your premiums are going to
(05:56):
go down, kiss my butt. We just don't want any
of this anymore. And this president has been shooting you
right between the eyes on tariffs and lying about it. Well,
the good news is they've obviously obviously been listening to
(06:16):
Investor's Edge and watching Beyond Fox. As one of the
people that have been out there complaining about tariffs, and
they're lowering them and that should alleviate a little bit.
Good to see next housing. Ugh, as you know, the
(06:39):
cause of the housing distortions lays at the foot of J. Powell.
It's simple. He printed money to nine trillion bucks, took
that money and rigged the bond markets, took all that
conjured up fake money and bought into the bond market.
Taken ten year yields down to half percent, which got
(07:03):
us three percent mortgages. And what did that do well?
Everybody would hire a mortgage refinance. Terrific for them. Anybody
getting new mortgages got three percent or less terrific for them.
But as usual, government causes distortions. And what did that
do well? Number one? Who the hell wants to sell
(07:26):
a home with a three percent mortgage to buy a
home with a seven percent mortgages rates finally normalized because
the yuts got a how to get out of the
way because the inflation he caused no one, so no
inventory leads to housing spiking up, simple as that, and
(07:47):
housing prices have gone haywire to the upside. Now some
areas more than others because everybody wanted to get out
of Crappyes, Blue states into Florida and other places. But
we ended up with fantasyland prices, affordability problems. But what's
the problem now? Guess what this administration's talking about the
(08:12):
answer to the housing I just saw the new fedhead
who's really a puppet for the president. He wants the
lower interest rates, lower interest rates. How is that going
to help affordability? If you lower the Fed funds rates,
it could have the ten year spike higher, which it has,
(08:34):
and that's mortgage rates going higher. That doesn't help affordability.
You know what the answer is to housing? Get government
out of the way. Let's not even hear from them.
Let the market do it. You know what the market
will do. I promise you in time, prices will come
down because demand will go down because of affordability. It
(08:58):
works on its own, and as prices come down, that
feeds on affordability to the better. And if you stop
lowering the short term rates, maybe the long term rates
will stop going up. And by the way, they've been
starting to tick up again. But no, we're geniuses, we
(09:19):
know better. Let's get involved. Yeah, there's a thing about
building some more homes that doesn't make them more affordable,
doesn't necessarily lower prices. Let the free market do it.
The free market has always always normalize things over time.
(09:42):
It's supply and demand. It works great. But no, they're
gonna screw it up again because they think they're big.
And that's one of the problems of government. They think
they're smarter than the market. They think they're better than
the market, and they're not. They really are not. So
(10:09):
I'm just letting you know. I'm in hopes. Get the
hell out of the way, leave it alone, leave it be. Unfortunately,
they are interlopers, they are interferes. So we'll see what happens.
Will stay on top of it. That's the housing thing.
(10:32):
Up next, wild markets.
Speaker 3 (10:36):
This is the one only Investor's Edge.
Speaker 2 (11:02):
Hi, I'm Gary Kolbaum, hosted a nationally syndicated radio show,
Investor's Edge. We're not just handsome radio people. We manage
investors' money for a living, specializing in fee based discretionary
money management. No big commissions, just a fee on the
assets that's managed. We also provide a full range of
personalized services, including retirement planning, fixed income, and educational needs,
(11:25):
all to assist 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
(11:47):
five nine. That's eight eight eight four two two five
to five five nine. That's eight eight eight four two
two five to five, five to nine Investment advisory services
offer through Call Capital Management.
Speaker 1 (12:05):
It's time to switch on the integrator units and get
the brain cells working.
Speaker 4 (12:09):
You're listening to OK, it's promised it could be fun.
Investor's Edge.
Speaker 2 (12:15):
The last bastion of quality programming with Gary called Bomb.
It doesn't get better than this.
Speaker 5 (12:30):
And well once again to Investor's Edge.
Speaker 2 (12:37):
So before we get into the final numbers, there's a
lot of jello moving on the plate, and there's a
bunch of things I want to bring up today, which
kind of amazing. Do you know how I have said
to you be careful about owning no sales companies and
you do know that a ton of no sales stocks
(12:59):
are down between fifth seventy percent in just the last
six weeks. But we have also said to you, boy,
we've missed some big moves in no sales companies, and
we bring up biotech names all the time. We won't
buy a no sales biotech Merk. You know, Merk. They
(13:21):
just paid two hundred and twenty one dollars and fifty
cents a share for a company called Sedara Therapeutics nine
point two billion in cash, in cash. Sedara Pharmaceuticals has
(13:43):
been public since for ten years with no sales, and
Merk is buying them. The stock was up one hundred
and five percent today to two hundred and seventy teen
dollars and sixty seven cents. Now I'm reading here valuing
the transaction at nine point two billion, but at the
(14:06):
price the stock is that today it's showing thirty only
six point eight billion. Something's not right because if they're
paying cash, it should be a lot closer to that number. Anyway,
this company has no sales. And here's the amazing part
about this, so we denote it. The amazing part about
(14:31):
this MERK doesn't know as of yet whether their product's
going to sell. Bit time you see, let me read
this to you CD three eighty eight. I guess that's
the name of their drug, a long acting st brain
(15:00):
agnostic anti viral in phase three for preventing influenza and
high risk individuals the candidate. This company does have breakthrough
therapy and fast track designations and has showed efficacy in
the Phase two B trial, Phase one, Phase two, phase three.
(15:24):
So I gather Murk is smart enough to recognize, yeah,
this thing is gonna sell, but they're paying nine point
two billion in cash. They're gonna have to sell a
lot of this stuff and then make a lot of money.
So just letting you know, there is the other side
(15:45):
of us saying to you we're not gonna buy any
no sales stuff. There is that other side. So congratulation.
If anybody has Sidara Therapeutics, dang, And I'm gonna have
to look that up because it's says here two hundred
and twenty one dollars they're paying for in cash. The
(16:07):
stocks are two seventeen. But I'm looking at shares outstand
the shares total. I guess there may be some shares
not being shown on my screen. Anyway. That's that one.
The next thing I have to bring up before we
get to the final numbers that I think is really
of import. Bitcoins getting smoked again today. It is now
(16:35):
down let me see, seventy two to fifty three. That's
nineteen gotta be about twenty four to twenty five percent
from the highs of about five weeks ago. Hum hmm.
(16:58):
And now the talk of the town is that micro
Strategy is causing a lot of proms that we have
been complaining to you about the stock and to avoid it,
(17:19):
simple mstr that's now called strategy. The stock is gone
from four point fifty seven in July, it's now under
two hundred. It was five hundred and forty three last November,
it's now two hundred. That means it's down from the
(17:40):
highs of what seventy percent five point forty three, sixty
five percent? But bitcoins only down, not even close. Bitcoin
(18:00):
is only down a little from last November. How can
that be? Well, this micro Strategy guy, his name Sailor,
it's not spelled Sailor like sailor on the seas, keeps
leveraging to buy more bitcoin, and then I read he's
selling bitcoin to do this, and then it looks like
(18:25):
a I don't know how to explain it. I'm wondering
if the bitcoin eers, bitcoin heights are worried about forced
selling because of leverage. Just letting you know, Just letting
(18:52):
you know, because today the Nasdaq has had this unbelievable reversal,
and typically you would see bitcoin reverse with it, and
it's trading near the lows of the day. The bitcoin price.
I only have the ETFs on my thing, but the
(19:13):
bitcoin price is currently ninety four thousand, three hundred and
fifty eight at this second. The high was one hundred
and twenty four thousand and three ten, So twenty eight
on one to yeah about let's call it twenty three
twenty four percent from the highs. So just letting you know.
(19:36):
And I have to tell you on this micro strategy,
I don't know what's next. We've been telling you for
a while, avoid something up. I'm thinking that the market
forget what anybody thinks, thinks that there's going to be
(19:59):
some force selling, because look, I don't know the guy,
but there are a lot of people calling what he's
been doing is a scheme. And all I know is
when you are leveraged to the hilt in one asset
and that asset keeps going down, that's a problem. You
(20:19):
know it caused two thousand and eight leverage leveraging those
mortgage backed securities two thousand and eight. The ass clowns
back then were leveraging assets at ten and twenty to one,
which guaranteed bankruptcy. Anyway, next, rest of the market, whatever else.
(20:43):
This is the one only investor's edge.
Speaker 4 (21:11):
You're listening to. America is talking calling investor's edge.
Speaker 2 (21:16):
He's gotta be with the crowd. Is just on his
feet here, said a boy with Gary called Bob. I'm
highly recommended.
Speaker 6 (21:24):
You're gonna feel better if you talk to him.
Speaker 2 (21:39):
And welcome against investor's edge. You can go look up
Ron Barron b A. R O N. I was at
the Barren Capitol Confab at the Lincoln Center in New
York City for a bunch of the day to day
(22:02):
and I got to see CEOs of onon holdings. But
I got to mention one, by the way, the following
company I'm about to mention, we are not advocating buying, selling, shorting,
or covering. I saw the shopify symbol shop and by
the way, we do not own the stock as of now.
(22:25):
So the CEO, I thought the guy was terrific I
thought it was a fantastic presentation. I'm gonna have to
do a lot more research on the company. I mean,
it's been a great stock through the years. Actually it's
just back to its night twenty twenty one highs, but
(22:48):
before that, I mean it's had a big move up.
Very impressed, very impressed to see. And I never didn't
know him from anything. This comedian Sebastian man of buh
Blah blah Ski or whatever his name is. They bring
(23:10):
on different acts throughout the day. I believe Shanaia Twain
was there. I didn't see that. I picked the comedy Sebastian.
I don't know what his last name is. And I
think they have a headliner tonight, but I don't know
who it is. Anyway, that's a sneeze. I don't have
(23:32):
a dump button because I'm on my iPhone right now. Anyway,
Very impressed, and you should look up Ron Barren. Brilliant.
He's the opposite of what I do. I wish I
could do what he does. He's own Tesla for like
forever and is a bazillion dollars. They will hold through
(23:55):
bull markets, bear markets, draw downs, you name it. They
are company specific. They don't care about bullin bear markets.
God bless them. That's amazing, and they've got a hell
of a track record. Good on them.
Speaker 7 (24:16):
So I'm going to spend the next few minutes on
the fifty day moving average because of today, i want.
Speaker 2 (24:30):
To repeat something to you. They tell you cannot time
the market, that's because they never tried, because you have
to work at it. Not going to call them liars,
We're just going to say they've never tried because you
have to work at it. So when you are looking
(24:51):
at price and date on a chart, bullin bear market,
trace out patterns and very simple patterns going up are
good patterns going down our bed duh duh. And throughout
history and going back ages before there were a ton
(25:15):
of mutual funds and hedge funds, the fifty day moving
average consistently got defended in bullish phases. And as we
have explained to you, the fifty day moving average all
(25:36):
it is is if you're plotting price on a piece
of paper, and each day price moves, the fifty day
is the last fifty day closes. You add it up,
divide by fifty, and you get a smooth outline, and
(25:57):
in bull markets ascends above an ascending fifty day moving average,
and all pullbacks to that area are contained, and then
price resumes the ascending. If the market weakens, there can
(26:22):
be points in time where price gets below but just
sits just below, sits around, hangs around, stays around, and
then gets back above and then breaks out again. But
in bull markets, for the point of this is that
(26:42):
price keeps ascending along and all pullbacks are contained in
and around there. We have proven it out, And how
do we prove it out? Well, We've print out thousands
and thousands of pieces of paper of charts of stocks
(27:04):
and sectors in markets and countries and commodities in bull markets.
It's the one consistent characteristic of a bullish phase in
the market. Simple as that full stop the next part
(27:27):
of that equation, the longer it ascends along that fifty
day and the more it tests the fifty day and
succeeds the end problem is it conditions the masses that
the next time it's going to succeed again. But if
(27:52):
the next time it breaks, the masses are not ready
and do not believe, and they get caught. We don't
because we recognize that other part of the equation, the
longer it holds, and the more times it holds on visits,
(28:17):
the more condition the masses are. And typically you're going
later stage, and that's because that entity had a very
strong move up over a certain period of time. And
if you've never seen one of our award winning webcasts
(28:39):
on the fifty day moving average, we from time to
time will do special webcasts going back to different bullish
phases and they all look the same. Looking at a
photo album for familiar faces, day move an average and physically,
(29:02):
what's happening there to do that? It's your big institutions,
your big money crowd in recognition of those areas and
acting to defend it until it can no longer be defended.
And that's when it becomes a somewhat of a give up.
And that's when you break through the fifty day as
(29:25):
things worsen and then you go into a correction of
import if not a full blown bear market. That's all
it is. And do they collude together. Are they on
the phone? No, they just all know throughout the years
how things work. They know what we know that everybody
(29:49):
says you can't do. We're cool with that. That's the
fifty day moving average. And then there's the two hundred
day move average, and if you let it go down there,
that means you really fell a long way. But that
is really hell if you break the two hundred day
(30:13):
for instance, and by the way, that's just the last
two hundred days added up divided by two hundred. Oracle
today which just dropped from three twenty two and a
half down to to ten in five weeks, hit the
two hundred day moving average today within eh buck and
(30:35):
bounced up twelve. Now that's a bear market though, and
a bear market bounce. It's not ascending. It's a little recovery.
But we also watch that also there are other little
moving averages. Now. I know the traders will look at
a ten a stronger moving averages a twenty one because
(30:57):
it's only the last twenty one days, but that's only
for the real strong. For me, it's always the fifty day.
And there's a reason why we are bringing up the
fifty day moving average again today because in case you
do not know today, the NASDAC right at the open
(31:20):
today hit twenty two eight three five, twenty two eight
three five. Now I take that back, it hit twenty
two four three six. My bed wait till you hear
how it finished up next that. I'm gary, this is
(31:44):
the one only investor's.
Speaker 4 (31:45):
Edge you're listening to.
Speaker 2 (32:16):
What are you waiting for?
Speaker 4 (32:18):
One to ready?
Speaker 2 (32:25):
We can't recall pot.
Speaker 7 (32:36):
And well once again to investor's edge.
Speaker 2 (32:43):
Yeah, the people that love Trump are on TV blaming
Biden for the for the higher prices at the grocery store.
I got news for you. They're right, but they're given
no fault to Trump as usual we which means they're
bs and you be careful, Okay, back on point. The
(33:06):
Nasdak today hit twenty two four three six in the
morning after yesterday's horrible drop at nine thirty five, twenty
two four three six, four hundred and sixty four points
(33:28):
below the close. The Nasdaq was down four hundred and
thirty four points in the first five minutes today and
finished up thirty You ready for this. The fifty day
(33:49):
moving average is twenty two thousand and eight three five.
It closed at twenty two nine, sixty five points above
the fifty day moving average. They defended the Nasdak today,
which means they defended the Nasdaq one hundred, which hit
(34:10):
twenty four five three four closed at twenty five eight.
That means four hundred and sixty points. The Nasdaq one
hundred was down, finished up fourteen and just above the
(34:31):
fifty day moving average. But Gary, I thought institutions defended
the fifty how did they go below? They defend the
closes very often. What happens is what is known as
an undercut. It's undercut, and typically the undercut happens early.
(34:57):
The NASDAK and the Nasdaq one hundred, we're defended like
no tomorrow now, I will tell you this. At one
point today, amazingly, the Nasdaq hit twenty twenty three oh
seventy three, was up two hundred and three, so it
gave back.
Speaker 4 (35:19):
To me.
Speaker 2 (35:19):
The important is what it got back. But we're not done.
What do we tell you? The most important group is
the Philadelphia Semiconductor Index today, which dropped seven and a
half points the fifty day moving average sixty six point
(35:40):
thirty nine. It hit sixty five eighty seven in the morning,
undercutting close strong at sixty eight to eleven, decently back
above the fifty day. Which takes me to the most
important stop to that area is Nvidia. You're ready for this.
(36:04):
Nvidia today finished up three dollars and thirty one cents, terrific.
It hit a load today of one point eighty fifty
eight closed at one ninety seventeen. So at one time today,
(36:31):
at one time today, it was nine dollars and fifty
cents lower. It was down over six dollars and reverse
back above it. Do you know what Nvidia did last
week the exact same thing. So the most important semiconductor
(36:54):
stock got defended. Also today the big guns were out there,
they were in recognition. Does this hold? I'll let you
know next week we deal in real time. Here a
(37:15):
great defense today in the market of the Semis, Nasdak
NAZDAK one hundred and the Semis led by the number
one stock. And as long as that holds good news.
(37:37):
I take that back potential good news. And I say
potential because on any drop it causes damage in the market.
Drops take pretenders or lessers off the table. And I
(37:58):
can tell you I have a few dozen stocks that
have broken the fifty day and now are living below
the fifty day moving average. Just letting you know that's
the story today. I call it a goal line stand.
(38:22):
When I sent out my notes this morning, I had stated,
look at this, look at that, look at this, look
at that, look at this, look at that, look at this,
look at that. But we are going to need a
goal line stand right here, and you got one today
for now again, So another day where those big indices
(38:47):
did not break below the fifty day at the close.
So since late April, not one day have we had
a close below but the big indicies. But we've now
started to test them a little longer, a few more times,
and eventually, as we said earlier, we'll get late stage
(39:12):
finally break it, will recognize it. The masses will not.
I can promise you the masses today sire relief, a
big sire relief in the market. Now. The Dow was
down three hundred. I will tell you something that was interesting.
(39:33):
The banks which failed miserably yesterday, we're not in great
shape today. Goldman Sachs down fourteen, JP Morgan down six,
the two most important names. That's a hum let me
throw out. Also masked Card and Visa really breaking down now,
(39:56):
something we're going to be watching going into next week.
So that's basically the story. I got a lot of
scanning to do. We'll see what comes of it. We
hope you have a good weekend. Drive carefully and when
you get home, do like we do. Quite simple. Make
sure you hug your family. Make sure you hug your
children and they will feel better. You will feel better.
(40:17):
I promise, stay well, be well until Monday. Peace out,
all good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary cult Moom 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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