November 21, 2025 • 40 mins
https://garykaltbaum.com/
The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or BizTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.
The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or BizTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
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 Kultbaumb.
Speaker 2 (00:11):
And well once again to Investor's Edge on Gary Kalbaum,
your host a, thanks for being with us today. Glad
you're here, ladies and gentlemen, Happy that you are listening.
Oh and we're happy it's Friday, November twenty first, twenty
twenty five. Hope you're having a good day. As always,
serious talk on everything that affects you, Everything that affects you.
(00:36):
We'll do the markets, what's affecting the markets, the economy,
your job, your industry. The president today met with the
incoming mayor of New York City. We'll talk about that
(01:01):
and much more in just what I consider to be
two of the wildest days I've seen the while, with
something we're gonna say today which we haven't needed to
say in a very long time. And if you do
not get this radio show in your city, we'll post
(01:25):
it at gary ka dot com. We'll also post it
on our x feed, and if you don't follow us
on X you should. We'll also post it on the
YouTube channel of biz tv and other podcast apps. And
if you'd like to email me, all you have to
do is be nice. So yesterday and Nvidia announces earnings,
(01:55):
the market's up huge, reverses over one thousand doubts points
I think over eleven hundred Nasdaq points, and Video, which
is the largest influence on the Nasdaq, and the S
and P five hundred, uh pretty much opened at one
ninety six, closed at one eighty point sixty four. It
(02:23):
was one of what we call the worst outside reversal
days we have seen on record, where the market is
up huge and finishes near the lows on big volume,
(02:46):
and typically what that will mean is that lower prices
are going to come normally. Yesterday, we not not say that.
We just reported the news, and we'd say that because
and we didn't say that because the markets have just
(03:09):
been so weird for years. So we take it one
step at a time, and we came up with this line.
We have no clue what happens tomorrow, but we do
know the big picture and if anything changes, we will
(03:30):
let you know. So today, let me describe it. The
NASDAK was getting hit hard again today. The Nasdaq opened
(03:58):
up a little bit by about ten forty was down
about one hundred and eighty points. Now, mind you, we
(04:20):
lost from the highs yesterday over eleven hundred. We were
down another one hundred and eighty. They were hitting en
Vidi again eight bucks, breaking some support, and whatever happened happened.
We rallied up, we pulled back, and it would be
(04:40):
normal to bounce to the point where at around noon
we were at twenty two three six seven, about two
hundred and sixty on the Nasdaq after reversing over eleven
hundred normal. Then we pulled back two hundred points to
(05:04):
be only up ninety five some like that. I'm close.
And then comes news that the president looks like he
is going to allow And let me be clear about
our thoughts on a president allowing it nauseates the hell
(05:28):
out of me. And this this is not on Trump
or by any president allowing. We're gonna allow you to
do this. We're gonna allow you to do that. You
are a public company or a private company, We're gonna
allow you. We're gonna allow you, We're gonna we're gonna
disallow you. We're not gonna we we nauseates us in
(05:51):
any case announce since that maybe I don't think it's
been confirmed allow and Vidia to sell some whatever to
China that they guess have not been able to. Immediately,
(06:12):
the NASDAC jumped, and Vidia jumped, taking other things jumping.
And at that point I told my peeps, okay, I
mentioned it, I just shut up the rest of the day.
I shut up the rest of the day because what
(06:34):
are you gonna do? So get this, after being down
one point eighty, we hit a tie of twenty two
five thirty one, four hundred and sixty points, a six
(06:54):
hundred and forty point swing. We're four sixty on the NASDAK.
Drop two hundred and sixty five into the close. This
is your NASDAK, you're leading. NASDAC did finish up, not
(07:15):
so sure, I'm impressed. We'll just start with that and
interesting enough, which is kind of a little bit more interest.
And Vidia did finish down a couple of bucks on
the day in spite of Now, without getting too technical,
and Vidia is trading below the fifty day moving average,
(07:38):
but a little bit of a reversal today off the lows.
As mentioned, the Nasdaq trading below the fifty day moving
average after a nauseating reversal yesterday. The Nasdaq one hundred below.
The Philadelphia Semiconductor Index today finished up fifty four, trading
below the fifty day At one point though it was
(08:01):
up one hundred and fifty four, but at one point
today it was down one ninety. So all over the
freaking map technology, semiconductors, artificial intelligence type of stuff, I
have no clue what happens Monday. How's that And don't
(08:25):
even want to pretend to know, because it was a
crazy two days for a very important area of the market.
And I am so happy I was out of these
areas coming into those two days because psychologically, I don't
know what I would have been doing. It's easy when
(08:48):
you're outside looking in, but I really don't know what
I would have ended up doing. That's the Nasdak Nazdak
one hundred and video. You had some things bounce around,
but I can safely tell you a crapload of technology
(09:09):
broke down this past week, notwithstanding what I'm about to
tell you in a few minutes about the broad market,
names like Palo, Outdoor Networks, Pallinteer, Viva Systems, soft Bank, Shopify, Snowflake, CrowdStrike, Credo,
(09:38):
and many others. Broad Com, Taiwan semi oracle continues, to
lack of a better word, crash. Next week will be
another week, and by the way, it's a shortened week,
(09:59):
three and a half days. Let me say upfront, Happy
Thanksgiving to any and all. Hope you have a great
week with the families. As I have stated, if able
think about doing something for somebody you need absolutely nothing from,
you know what a great thing to do. If you
(10:20):
know a family that can't afford maybe get him a
turkey dinner or something. Little things, the little things not
a bad thing. Up next, the rest of the market.
Something up today. This is the one only Investor's Edge.
Speaker 3 (11:02):
Hi, I'm Gary Kolbaum, hosted a nationally syndicated radio show,
Investor's Edge. We're not just handsome radio people. We manage
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. It's time to switch on
the integrator you and to get the brain cells where.
Speaker 4 (12:09):
You're listening to. Okay, it could be fun. Investors Edge.
The last bastion of quality programming with Gary called Bob.
It doesn't get better than this.
Speaker 2 (12:34):
Let me just state for the record, as you know,
I'm in and out with the president. We call balls
and strikes here. He just did a press conference with
this turd, this racist, anti Semitic, Jew hater, Israel hater, communist.
(13:00):
He was just being too nice. Oh, I think he
can do great things. What the guy called you an
ef and fascist last week, pretty much called you the
scum of the earth, despot. You know what the president says.
(13:23):
I've been called worse and I get that, but I'm
sorry if I'm president For me, I call it as
it is. We'll see how it plays out. We'll hope
for the best. The Dow finished up four hundred and
(13:47):
ninety three points today after dropping yesterday from a high
of forty six eight five six closed at forty five
seven five to two eleven hundred points, bounced up four
(14:08):
ninety three. Am I surprised about bouncing up? Yeah, not
that we bounced up, but four ninety three. But what
was interesting is we were up over eight hundred. We
got back eight hundred of yesterday's eleven hundred, but only
(14:32):
finished up four ninety three as we weakened into the
close of which I don't think means much. But anyhow,
just reporting the news what you do need to know? Though,
why would we bounce? Well, in case you do not
know the Dow had dropped, you ready for this forty
(14:57):
eight four to three one twenty seven hundred points in
six days, So we bounced, so that doesn't thrill hey?
Down twenty six twenty seven hundred points, up almost five
(15:17):
hundred normal bounce, And again the NASDAC of imports went
from well, we dropped from twenty four thousand down below
twenty two thousand and bounced today. Okay, cool with that,
(15:42):
the healthcare and pharmaceutical area continues to be strong. If
you go look at the PPH and the XLV, you
will see strength in those two exchange traded funds. That's
(16:02):
healthcare and pharmaceuticals. I would also suggest that the IHI
now that on the verge of breaking out. That's medical equipment.
So definitely there's a theme on the healthcare which perked
up about two weeks ago with Eli Lilly going vertical
(16:30):
two to three weeks ago. Other things have followed suit,
like a McKesson and just other healthcare stuff. I can
tell you something like an IDx lambs idxx gapped up
three weeks ago, came down with the bad market good
day to day up thirty six bucks, not at highs
but close. And that's medical equipment and all that crap.
(16:55):
So we just want to let you know there's some
leadership qualities of the meta healthcare pharmaceutical area. Whether or
not there's earnings power there, don't know. Also, the biotech
they've been coming on if you look at regeneron coming
up the right side, Amgen in the Dow straight up.
(17:20):
So this healthcare thing has got some things going on
a Gilead, another big biotech near the highs. How about
symbol gh Garden Health non invasive cancer diagnostics and stuff
(17:41):
like that gapped up few weeks ago. Looks like it
wants to move out of there, so medical healthcare. But
how far are they going to go? But we'll start
with that. But that's got some leadship qualities. Other areas
(18:03):
have not. What have we been doing almost on a
daily basis, Avoid this, that and the other thing? Well,
what have we told you avoid most retail, housing, housing related, truckers, rails,
travel related, and that would be hotels, airlines, cruise lines,
(18:31):
economically sensitive that are not artificial intelligence, restaurants, avoid consumer staples,
Avoid insurance avoid. We've just been telling you they've been
in down trends of unknown price and time, Oh, manage care,
(18:54):
oh ADP and paychecks avoid avoid Avoid. Well, I've yet
to fully scan, and I do not think they've come
out of their down trends yet. But all those areas
(19:19):
impress the living heck out of me.
Speaker 4 (19:21):
Today.
Speaker 2 (19:23):
It started somewhere around eleven. You had a strong day
in housing and housing related, a strong day in the transports,
a strong day in the airlines, a strong day in
the cruise lines, a strong day restaurants, strong day. And
(19:47):
how many times I've been able to say that in
the last few months. Never a strong day in the
economically sensitive that is not artificial intelligence, a strong day
in insurance, a strong day in other financials besides the
big banks. But as I said, I've done some preliminary scans.
(20:10):
I am not sure they broke down trends, and I'm
not sure they're the lows. But I'm very impressed with
today the broader market. Now, we've had good days in
the broad market before and they got fritted away pretty quickly.
(20:31):
I am agnostic right now on what comes it is,
but I am more impressed today than other days that
were pretty good. We'll see what comes of it. We'll
expound more up next.
Speaker 5 (20:45):
On Investor's Edge, you're listening to America is talking fallowing
(21:15):
investors Edge.
Speaker 2 (21:16):
He's got the crowd is just on his feet.
Speaker 4 (21:19):
Here, said a boy with Gary called Bob.
Speaker 2 (21:23):
Come highly recommended.
Speaker 1 (21:24):
You're gonna feel better if you talk to him.
Speaker 2 (21:33):
So out of these areas we found some sore thumbs.
Anything we mentioned we are not advocating buying, selling, shorting,
(21:54):
or covering We're not telling you to do anything. We're
just describing some names that for us have shown much
better relative strength than their brethren in the groups. Ralph
Lauren on the verge of breaking out of range and
(22:15):
has been strong for a while. That's a sore thumb.
Raw Stores a big breakout today, up eight percent on
two and a half times average volume on their earnings report.
Now earnings were up a whopping seven percent, but revenues
(22:37):
are up ten and that is four quarters of acceleration
on revenues. The market liked it. Look at that, and
by the way, I believe that could be an all
time high. It is one of the few, so look
at that. A couple of retailers, but I got a
couple of others. I'm gonna be watching Arlington going into
(23:01):
next week. One big year of range bound that cannot
get over three hundred if it tried. If it does,
it could be of import. Another one that's sticking out
for me, and just overall a very good tone for
retail today, though many are way down. Restoration hardware was
(23:28):
up fourteen today to one hundred and fifty three. It
was four hundred and fifty six ten months ago. Catching
my drift. Home Depot is up eleven today in the dow.
That'll be about seventy dow points today. Home Depot was
up eleven today, but I believe for the week was
(23:50):
down nineteen. Remember they got hit on earnings. Oh and
by the way, it's still down twenty six and fifty
seven would be eighty three dollars from just mid September.
Does not impress, so we have to separate. Hey, look
(24:12):
at this pretty darn strong. Oh this one sucks a target.
It's up four dollars today, almost five percent. Little problem
two and a half weeks ago was one hundred bucks.
(24:32):
It closed at eighty seven today. Nine months ago was
one hundred and forty five bucks. Oh and the highs
of twenty one were two hundred and sixty nine dollars.
So again, perspective, and that's what we do. We go through.
We know what's up, but we also know where things
have been and whether it's a meaningful move or not.
(24:55):
What is meaningful is the group made a good move
today and we'll see what comes of it. Follow through
is going to be of import. Those are your retails.
I got news for you. ADP and paychecks. ADP was
up four bucks today two fifty three. It was three
point thirty in June. Uh paychecks, I was up three
(25:20):
today to one eleven. Oh, it was one sixty one
in May. Does it impress Hell? No, But if the
worst stuff stops going down, typically we'll put a floor
under the market. And as I look at my left screen,
remember what my left screen is, lesser tech stocks that
(25:45):
have been bombed, bombed out, mostly green today. I've yet
to go through them. Don't know what I'll find. Yeah,
I take that back, sharl Know what I'll find. We'll
find flies on an elephant's rear end as far as
(26:06):
the bounces. But we want to get a feel is
the worst stuff not going down anymore? And the fact
that they were up today is at the start of
something we don't know. But we're now on notice of
that because as we said, restaurants that have been destroyed,
(26:28):
I mean, hell, Kava was up five bucks today to
forty nine dollars. It's a big twelve percent move and
volume was heavy. It was one hundred and fifty three
bucks eleven months ago. I would suggest that's in the
(26:49):
sixties to the downside. But we care about the big picture.
But we have to deal with the reality of hand now.
One of the worst stocks was up twelve percent today.
And then I look over at my restaurants. Everything was
up today, and we'll take a look and see. I
know I have one that's much stronger than others, and
(27:11):
that's restaurant brands they own. Tim Horton's. Tim Hortons is
pretty good, by the way, and Burger King which has
much better hamburgers than McDonald's. And loved their onion rings.
By the way. When I played golf in Nova, Scotia,
played some great golf courses with my buds. I don't
(27:35):
think I've ever been to Tim Horton's. I went into
tim Horton's. Boy, they got some good stuff in there.
That was good anyway. So restaurants, there's no bull markets there.
But if the worst groups are not going down anymore,
the floor the market picks up. Housing a strong day.
(28:00):
The ETFs for home construction was up five percent today.
For the home builders was up four point seven percent today.
They have been destroyed over the last year, with one
real nice rally into September and then trashed into today.
(28:21):
A great day today. Guess what I gotta have to
spend some time on them. I looked at them and
they look like maybe the worst is over. And if
a weak group's worst is over and is no longer
an anchor on the market, that helps the market. So restaurants,
(28:46):
retail housing, how about hotels? Hilton up ten bucks today,
by the way, has done nothing for a long while.
But you know what it has done, built a very
nice trading range with a good pivot above two hundred
and eighty bucks. A break above two eighty on that
would be a strong breakout for Hilton. The fact that
(29:09):
it's setting up is good news. Hyatt up nine bucks
today six percent, not as good as Hilton, but very
much coming up the right side. And Marriott up thirteen
bucks today four point seven percent, and guess what, that's
got a good looking pivot around that three hundred level.
(29:31):
Close the two ninety five. So the hotels you catch
where I'm going here. We haven't even had to discuss
these places with you. Just avoid, just avoid, no, just
the void. Well, we're not so sure that anymore, based
(29:54):
on the action today, a day after the market got trashed,
the day after on a gargantuan reversal to the downside,
and the next day the broad market gives it the
middle finger and goes right up today. Amazing two days.
(30:17):
Best way I can explain it. It was an amazing
two days in my world. And then there's the transports
are up five hundred today. By the way, the transports
have done nothing since twenty one and really it's just
(30:41):
been back and forth for months now over here, but
off the April lows, of course, but they were up
three percent today. What have we been telling you avoid Well,
I'm gonna have to look them over. And I do
know because of earnings, expd on the big gap up
very strong though earnings there's no growth, and CHRW big
(31:06):
gap up and sitting tight for a few weeks. So
there are two names in the transports that are strong.
But you know it's been weak. The truckers have been
a horror show. They had a good day today. I
already looked them over. They look like crap. But if
the worst look what I'm saying a bunch of times here,
If the worst is over for the areas that have
(31:27):
been the weakest, it usually means the floor can be
picked up. And we're saying this the day after a
nauseating one of the worst reversal days to the downside
I have ever seen. Hey, welcome to my world. Up
next anything else? This is the one only investor's.
Speaker 4 (31:51):
Edge you're listening to.
Speaker 2 (32:16):
What are you waiting for?
Speaker 4 (32:18):
One to ready? We can't rey called Bob.
Speaker 2 (32:41):
You know when I get sick, I get sick. I
was so knocked out yesterday and this morning I was
a horror show. But I feel so much better. Uh
this afternoon, it's just like almost gone away. Boys, it
hit me. You never know. I took what is it,
(33:05):
day quill. I think it worked, still little, but I
think it worked. Feeling much much better right now. This
morning I just wanted to put my head in the sand,
day Quill. No more Nike will though I told you
(33:25):
about that the other day. Took it like at two
in the morning, and when I woke up, I kind
of didn't wake up anyway. So we'll go into next
week with the big indices below the fifty day, but
(33:47):
very impressed with today. The mid caps got slaughtered yesterday,
up two point four today percent. The Russell slaughtered yesterday.
You think we're going to be leading down up up
two point eight percent. That's the broad market, which goes
(34:07):
back to what I said at the beginning in the past.
You give me a day like yesterday, and I'm yelling
and screaming, Oh this is the start of and look
out and look out below and hope and what did
we say yesterday? I have no clue what Tamar does
(34:28):
because for whatever reason, we know the big trends and stuff.
But in the short term we have seen so many
things that are kakamaimi in the markets where you would
guarantee to yourself, and the opposite happens in the short run,
(34:52):
in the short run. And that was the story of
the last two days on top of some week this
coming in to the last two days, it was week beforehand.
And let me repeat, the worst areas had a good day.
(35:12):
The worst stocks on my left screen had a good day.
If the worst areas the market are done going down,
it should provide some type of something floor, if you will.
That said, we have always been trained when the crap rallies,
(35:35):
it is troublesome. And when I use crap, I mean
the weak stuff. You know what, I'm not even thinking
about that. I'm just gonna let the market decide as
we go into next week and try and find good
setups as I mentioned, couple of retail setups and technology Nah,
(36:00):
not this second, not this second. And wild Swings l
I t e one of the leading names. You want
wild Swings yesterday morning to eighty two close the two
thirty three fifty bucks on the strongest name in the market,
(36:27):
bounces up twenty two today. Welcome to my world. A
crazy week. What the easy part of my week is?
What's gone? What do I mean? What's broken? What broke
(36:48):
the fifty day? What's deeper down? And I got a bunch?
I got a today vee V total break on earnings
for whatever reason. Z scale ZS just broken a croudstrike.
(37:09):
I'm not willing to say it yet. Oh, Palo Alto
Networks goner. Pallunteer finished down today in an up one
ninety five NASDAQ. Huh was worse and reverse like the
(37:29):
NASDAC did. It's gone from two o seven to one
point fifty four and change. And remember I kind of
equate Pallenteer to Costco. Remember what we warned you on
Costco months ago, not knowing anything that how is this
stock going to go up when they're so big and
(37:53):
growing around low teens and sales in single digits. How
you can trade six well, you get a premium because
your costco And since then it's gone from one thousand
and seventy eight ten months ago nine hundred today. Not
the end of the world, but week so Pall and teer,
we've been warning you, and by the way, we've been
(38:18):
warning you on the way up, admittedly, but we've been
warning you about ultimate and then when things turned sour,
valuations matter. It's still got a three hundred and sixty
seven billion dollar market cap with less than four billion
in revenues. No longer does it have near a five
(38:39):
hundred billion market cap. Also of note, surprisingly the crypto
is down today off the lows, but was down today
now it trades on the weekend.
Speaker 4 (38:59):
Needs to do better.
Speaker 2 (39:02):
Very over sold, deeply over sold, ridiculously extended to the downside.
Pretty sure as soon it's going to bounce, but in
a bear market. If anything changes there, we'll let you know.
Because amazingly we get more questions on should I be
(39:22):
buying bitcoin? Something that has no revenues, no earnings, no product,
no sales, no office, and a guy running a leveraged
thingham a Bob and micro strategy who by the way
his fantastic idea in life. Yeah, you invest with me
(39:43):
and I'll buy some bitcoin and leverage it. Anyway, that's
the story there. We get more questions on that than Walmart.
Welcome to the world anyway, a great weekend. Drive carefully
if you're traveling, take your time, stay safe. They're there
(40:07):
to get you there safe. Don't argue with anybody at
the airports when you get home though. Also make sure
you hug them children. Have a great one. Everybody will
be back on Monday. Peace out, Bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbomb on biz Talk.
To listen to past episodes or to get in contact
with Gary, go to garyka 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 Kultbaumb.
Speaker 2 (00:11):
And well once again to Investor's Edge on Gary Kalbaum,
your host a, thanks for being with us today. Glad
you're here, ladies and gentlemen, Happy that you are listening.
Oh and we're happy it's Friday, November twenty first, twenty
twenty five. Hope you're having a good day. As always,
serious talk on everything that affects you, Everything that affects you.
(00:36):
We'll do the markets, what's affecting the markets, the economy,
your job, your industry. The president today met with the
incoming mayor of New York City. We'll talk about that
(01:01):
and much more in just what I consider to be
two of the wildest days I've seen the while, with
something we're gonna say today which we haven't needed to
say in a very long time. And if you do
not get this radio show in your city, we'll post
(01:25):
it at gary ka dot com. We'll also post it
on our x feed, and if you don't follow us
on X you should. We'll also post it on the
YouTube channel of biz tv and other podcast apps. And
if you'd like to email me, all you have to
do is be nice. So yesterday and Nvidia announces earnings,
(01:55):
the market's up huge, reverses over one thousand doubts points
I think over eleven hundred Nasdaq points, and Video, which
is the largest influence on the Nasdaq, and the S
and P five hundred, uh pretty much opened at one
ninety six, closed at one eighty point sixty four. It
(02:23):
was one of what we call the worst outside reversal
days we have seen on record, where the market is
up huge and finishes near the lows on big volume,
(02:46):
and typically what that will mean is that lower prices
are going to come normally. Yesterday, we not not say that.
We just reported the news, and we'd say that because
and we didn't say that because the markets have just
(03:09):
been so weird for years. So we take it one
step at a time, and we came up with this line.
We have no clue what happens tomorrow, but we do
know the big picture and if anything changes, we will
(03:30):
let you know. So today, let me describe it. The
NASDAK was getting hit hard again today. The Nasdaq opened
(03:58):
up a little bit by about ten forty was down
about one hundred and eighty points. Now, mind you, we
(04:20):
lost from the highs yesterday over eleven hundred. We were
down another one hundred and eighty. They were hitting en
Vidi again eight bucks, breaking some support, and whatever happened happened.
We rallied up, we pulled back, and it would be
(04:40):
normal to bounce to the point where at around noon
we were at twenty two three six seven, about two
hundred and sixty on the Nasdaq after reversing over eleven
hundred normal. Then we pulled back two hundred points to
(05:04):
be only up ninety five some like that. I'm close.
And then comes news that the president looks like he
is going to allow And let me be clear about
our thoughts on a president allowing it nauseates the hell
(05:28):
out of me. And this this is not on Trump
or by any president allowing. We're gonna allow you to
do this. We're gonna allow you to do that. You
are a public company or a private company, We're gonna
allow you. We're gonna allow you, We're gonna we're gonna
disallow you. We're not gonna we we nauseates us in
(05:51):
any case announce since that maybe I don't think it's
been confirmed allow and Vidia to sell some whatever to
China that they guess have not been able to. Immediately,
(06:12):
the NASDAC jumped, and Vidia jumped, taking other things jumping.
And at that point I told my peeps, okay, I
mentioned it, I just shut up the rest of the day.
I shut up the rest of the day because what
(06:34):
are you gonna do? So get this, after being down
one point eighty, we hit a tie of twenty two
five thirty one, four hundred and sixty points, a six
(06:54):
hundred and forty point swing. We're four sixty on the NASDAK.
Drop two hundred and sixty five into the close. This
is your NASDAK, you're leading. NASDAC did finish up, not
(07:15):
so sure, I'm impressed. We'll just start with that and
interesting enough, which is kind of a little bit more interest.
And Vidia did finish down a couple of bucks on
the day in spite of Now, without getting too technical,
and Vidia is trading below the fifty day moving average,
(07:38):
but a little bit of a reversal today off the lows.
As mentioned, the Nasdaq trading below the fifty day moving
average after a nauseating reversal yesterday. The Nasdaq one hundred below.
The Philadelphia Semiconductor Index today finished up fifty four, trading
below the fifty day At one point though it was
(08:01):
up one hundred and fifty four, but at one point
today it was down one ninety. So all over the
freaking map technology, semiconductors, artificial intelligence type of stuff, I
have no clue what happens Monday. How's that And don't
(08:25):
even want to pretend to know, because it was a
crazy two days for a very important area of the market.
And I am so happy I was out of these
areas coming into those two days because psychologically, I don't
know what I would have been doing. It's easy when
(08:48):
you're outside looking in, but I really don't know what
I would have ended up doing. That's the Nasdak Nazdak
one hundred and video. You had some things bounce around,
but I can safely tell you a crapload of technology
(09:09):
broke down this past week, notwithstanding what I'm about to
tell you in a few minutes about the broad market,
names like Palo, Outdoor Networks, Pallinteer, Viva Systems, soft Bank, Shopify, Snowflake, CrowdStrike, Credo,
(09:38):
and many others. Broad Com, Taiwan semi oracle continues, to
lack of a better word, crash. Next week will be
another week, and by the way, it's a shortened week,
(09:59):
three and a half days. Let me say upfront, Happy
Thanksgiving to any and all. Hope you have a great
week with the families. As I have stated, if able
think about doing something for somebody you need absolutely nothing from,
you know what a great thing to do. If you
(10:20):
know a family that can't afford maybe get him a
turkey dinner or something. Little things, the little things not
a bad thing. Up next, the rest of the market.
Something up today. This is the one only Investor's Edge.
Speaker 3 (11:02):
Hi, I'm Gary Kolbaum, hosted a nationally syndicated radio show,
Investor's Edge. We're not just handsome radio people. We manage
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. It's time to switch on
the integrator you and to get the brain cells where.
Speaker 4 (12:09):
You're listening to. Okay, it could be fun. Investors Edge.
The last bastion of quality programming with Gary called Bob.
It doesn't get better than this.
Speaker 2 (12:34):
Let me just state for the record, as you know,
I'm in and out with the president. We call balls
and strikes here. He just did a press conference with
this turd, this racist, anti Semitic, Jew hater, Israel hater, communist.
(13:00):
He was just being too nice. Oh, I think he
can do great things. What the guy called you an
ef and fascist last week, pretty much called you the
scum of the earth, despot. You know what the president says.
(13:23):
I've been called worse and I get that, but I'm
sorry if I'm president For me, I call it as
it is. We'll see how it plays out. We'll hope
for the best. The Dow finished up four hundred and
(13:47):
ninety three points today after dropping yesterday from a high
of forty six eight five six closed at forty five
seven five to two eleven hundred points, bounced up four
(14:08):
ninety three. Am I surprised about bouncing up? Yeah, not
that we bounced up, but four ninety three. But what
was interesting is we were up over eight hundred. We
got back eight hundred of yesterday's eleven hundred, but only
(14:32):
finished up four ninety three as we weakened into the
close of which I don't think means much. But anyhow,
just reporting the news what you do need to know? Though,
why would we bounce? Well, in case you do not
know the Dow had dropped, you ready for this forty
(14:57):
eight four to three one twenty seven hundred points in
six days, So we bounced, so that doesn't thrill hey?
Down twenty six twenty seven hundred points, up almost five
(15:17):
hundred normal bounce, And again the NASDAC of imports went
from well, we dropped from twenty four thousand down below
twenty two thousand and bounced today. Okay, cool with that,
(15:42):
the healthcare and pharmaceutical area continues to be strong. If
you go look at the PPH and the XLV, you
will see strength in those two exchange traded funds. That's
(16:02):
healthcare and pharmaceuticals. I would also suggest that the IHI
now that on the verge of breaking out. That's medical equipment.
So definitely there's a theme on the healthcare which perked
up about two weeks ago with Eli Lilly going vertical
(16:30):
two to three weeks ago. Other things have followed suit,
like a McKesson and just other healthcare stuff. I can
tell you something like an IDx lambs idxx gapped up
three weeks ago, came down with the bad market good
day to day up thirty six bucks, not at highs
but close. And that's medical equipment and all that crap.
(16:55):
So we just want to let you know there's some
leadership qualities of the meta healthcare pharmaceutical area. Whether or
not there's earnings power there, don't know. Also, the biotech
they've been coming on if you look at regeneron coming
up the right side, Amgen in the Dow straight up.
(17:20):
So this healthcare thing has got some things going on
a Gilead, another big biotech near the highs. How about
symbol gh Garden Health non invasive cancer diagnostics and stuff
(17:41):
like that gapped up few weeks ago. Looks like it
wants to move out of there, so medical healthcare. But
how far are they going to go? But we'll start
with that. But that's got some leadship qualities. Other areas
(18:03):
have not. What have we been doing almost on a
daily basis, Avoid this, that and the other thing? Well,
what have we told you avoid most retail, housing, housing related, truckers, rails,
travel related, and that would be hotels, airlines, cruise lines,
(18:31):
economically sensitive that are not artificial intelligence, restaurants, avoid consumer staples,
Avoid insurance avoid. We've just been telling you they've been
in down trends of unknown price and time, Oh, manage care,
(18:54):
oh ADP and paychecks avoid avoid Avoid. Well, I've yet
to fully scan, and I do not think they've come
out of their down trends yet. But all those areas
(19:19):
impress the living heck out of me.
Speaker 4 (19:21):
Today.
Speaker 2 (19:23):
It started somewhere around eleven. You had a strong day
in housing and housing related, a strong day in the transports,
a strong day in the airlines, a strong day in
the cruise lines, a strong day restaurants, strong day. And
(19:47):
how many times I've been able to say that in
the last few months. Never a strong day in the
economically sensitive that is not artificial intelligence, a strong day
in insurance, a strong day in other financials besides the
big banks. But as I said, I've done some preliminary scans.
(20:10):
I am not sure they broke down trends, and I'm
not sure they're the lows. But I'm very impressed with
today the broader market. Now, we've had good days in
the broad market before and they got fritted away pretty quickly.
(20:31):
I am agnostic right now on what comes it is,
but I am more impressed today than other days that
were pretty good. We'll see what comes of it. We'll
expound more up next.
Speaker 5 (20:45):
On Investor's Edge, you're listening to America is talking fallowing
(21:15):
investors Edge.
Speaker 2 (21:16):
He's got the crowd is just on his feet.
Speaker 4 (21:19):
Here, said a boy with Gary called Bob.
Speaker 2 (21:23):
Come highly recommended.
Speaker 1 (21:24):
You're gonna feel better if you talk to him.
Speaker 2 (21:33):
So out of these areas we found some sore thumbs.
Anything we mentioned we are not advocating buying, selling, shorting,
(21:54):
or covering We're not telling you to do anything. We're
just describing some names that for us have shown much
better relative strength than their brethren in the groups. Ralph
Lauren on the verge of breaking out of range and
(22:15):
has been strong for a while. That's a sore thumb.
Raw Stores a big breakout today, up eight percent on
two and a half times average volume on their earnings report.
Now earnings were up a whopping seven percent, but revenues
(22:37):
are up ten and that is four quarters of acceleration
on revenues. The market liked it. Look at that, and
by the way, I believe that could be an all
time high. It is one of the few, so look
at that. A couple of retailers, but I got a
couple of others. I'm gonna be watching Arlington going into
(23:01):
next week. One big year of range bound that cannot
get over three hundred if it tried. If it does,
it could be of import. Another one that's sticking out
for me, and just overall a very good tone for
retail today, though many are way down. Restoration hardware was
(23:28):
up fourteen today to one hundred and fifty three. It
was four hundred and fifty six ten months ago. Catching
my drift. Home Depot is up eleven today in the dow.
That'll be about seventy dow points today. Home Depot was
up eleven today, but I believe for the week was
(23:50):
down nineteen. Remember they got hit on earnings. Oh and
by the way, it's still down twenty six and fifty
seven would be eighty three dollars from just mid September.
Does not impress, so we have to separate. Hey, look
(24:12):
at this pretty darn strong. Oh this one sucks a target.
It's up four dollars today, almost five percent. Little problem
two and a half weeks ago was one hundred bucks.
(24:32):
It closed at eighty seven today. Nine months ago was
one hundred and forty five bucks. Oh and the highs
of twenty one were two hundred and sixty nine dollars.
So again, perspective, and that's what we do. We go through.
We know what's up, but we also know where things
have been and whether it's a meaningful move or not.
(24:55):
What is meaningful is the group made a good move
today and we'll see what comes of it. Follow through
is going to be of import. Those are your retails.
I got news for you. ADP and paychecks. ADP was
up four bucks today two fifty three. It was three
point thirty in June. Uh paychecks, I was up three
(25:20):
today to one eleven. Oh, it was one sixty one
in May. Does it impress Hell? No, But if the
worst stuff stops going down, typically we'll put a floor
under the market. And as I look at my left screen,
remember what my left screen is, lesser tech stocks that
(25:45):
have been bombed, bombed out, mostly green today. I've yet
to go through them. Don't know what I'll find. Yeah,
I take that back, sharl Know what I'll find. We'll
find flies on an elephant's rear end as far as
(26:06):
the bounces. But we want to get a feel is
the worst stuff not going down anymore? And the fact
that they were up today is at the start of
something we don't know. But we're now on notice of
that because as we said, restaurants that have been destroyed,
(26:28):
I mean, hell, Kava was up five bucks today to
forty nine dollars. It's a big twelve percent move and
volume was heavy. It was one hundred and fifty three
bucks eleven months ago. I would suggest that's in the
(26:49):
sixties to the downside. But we care about the big picture.
But we have to deal with the reality of hand now.
One of the worst stocks was up twelve percent today.
And then I look over at my restaurants. Everything was
up today, and we'll take a look and see. I
know I have one that's much stronger than others, and
(27:11):
that's restaurant brands they own. Tim Horton's. Tim Hortons is
pretty good, by the way, and Burger King which has
much better hamburgers than McDonald's. And loved their onion rings.
By the way. When I played golf in Nova, Scotia,
played some great golf courses with my buds. I don't
(27:35):
think I've ever been to Tim Horton's. I went into
tim Horton's. Boy, they got some good stuff in there.
That was good anyway. So restaurants, there's no bull markets there.
But if the worst groups are not going down anymore,
the floor the market picks up. Housing a strong day.
(28:00):
The ETFs for home construction was up five percent today.
For the home builders was up four point seven percent today.
They have been destroyed over the last year, with one
real nice rally into September and then trashed into today.
(28:21):
A great day today. Guess what I gotta have to
spend some time on them. I looked at them and
they look like maybe the worst is over. And if
a weak group's worst is over and is no longer
an anchor on the market, that helps the market. So restaurants,
(28:46):
retail housing, how about hotels? Hilton up ten bucks today,
by the way, has done nothing for a long while.
But you know what it has done, built a very
nice trading range with a good pivot above two hundred
and eighty bucks. A break above two eighty on that
would be a strong breakout for Hilton. The fact that
(29:09):
it's setting up is good news. Hyatt up nine bucks
today six percent, not as good as Hilton, but very
much coming up the right side. And Marriott up thirteen
bucks today four point seven percent, and guess what, that's
got a good looking pivot around that three hundred level.
(29:31):
Close the two ninety five. So the hotels you catch
where I'm going here. We haven't even had to discuss
these places with you. Just avoid, just avoid, no, just
the void. Well, we're not so sure that anymore, based
(29:54):
on the action today, a day after the market got trashed,
the day after on a gargantuan reversal to the downside,
and the next day the broad market gives it the
middle finger and goes right up today. Amazing two days.
(30:17):
Best way I can explain it. It was an amazing
two days in my world. And then there's the transports
are up five hundred today. By the way, the transports
have done nothing since twenty one and really it's just
(30:41):
been back and forth for months now over here, but
off the April lows, of course, but they were up
three percent today. What have we been telling you avoid Well,
I'm gonna have to look them over. And I do
know because of earnings, expd on the big gap up
very strong though earnings there's no growth, and CHRW big
(31:06):
gap up and sitting tight for a few weeks. So
there are two names in the transports that are strong.
But you know it's been weak. The truckers have been
a horror show. They had a good day today. I
already looked them over. They look like crap. But if
the worst look what I'm saying a bunch of times here,
If the worst is over for the areas that have
(31:27):
been the weakest, it usually means the floor can be
picked up. And we're saying this the day after a
nauseating one of the worst reversal days to the downside
I have ever seen. Hey, welcome to my world. Up
next anything else? This is the one only investor's.
Speaker 4 (31:51):
Edge you're listening to.
Speaker 2 (32:16):
What are you waiting for?
Speaker 4 (32:18):
One to ready? We can't rey called Bob.
Speaker 2 (32:41):
You know when I get sick, I get sick. I
was so knocked out yesterday and this morning I was
a horror show. But I feel so much better. Uh
this afternoon, it's just like almost gone away. Boys, it
hit me. You never know. I took what is it,
(33:05):
day quill. I think it worked, still little, but I
think it worked. Feeling much much better right now. This
morning I just wanted to put my head in the sand,
day Quill. No more Nike will though I told you
(33:25):
about that the other day. Took it like at two
in the morning, and when I woke up, I kind
of didn't wake up anyway. So we'll go into next
week with the big indices below the fifty day, but
(33:47):
very impressed with today. The mid caps got slaughtered yesterday,
up two point four today percent. The Russell slaughtered yesterday.
You think we're going to be leading down up up
two point eight percent. That's the broad market, which goes
(34:07):
back to what I said at the beginning in the past.
You give me a day like yesterday, and I'm yelling
and screaming, Oh this is the start of and look
out and look out below and hope and what did
we say yesterday? I have no clue what Tamar does
(34:28):
because for whatever reason, we know the big trends and stuff.
But in the short term we have seen so many
things that are kakamaimi in the markets where you would
guarantee to yourself, and the opposite happens in the short run,
(34:52):
in the short run. And that was the story of
the last two days on top of some week this
coming in to the last two days, it was week beforehand.
And let me repeat, the worst areas had a good day.
(35:12):
The worst stocks on my left screen had a good day.
If the worst areas the market are done going down,
it should provide some type of something floor, if you will.
That said, we have always been trained when the crap rallies,
(35:35):
it is troublesome. And when I use crap, I mean
the weak stuff. You know what, I'm not even thinking
about that. I'm just gonna let the market decide as
we go into next week and try and find good
setups as I mentioned, couple of retail setups and technology Nah,
(36:00):
not this second, not this second. And wild Swings l
I t e one of the leading names. You want
wild Swings yesterday morning to eighty two close the two
thirty three fifty bucks on the strongest name in the market,
(36:27):
bounces up twenty two today. Welcome to my world. A
crazy week. What the easy part of my week is?
What's gone? What do I mean? What's broken? What broke
(36:48):
the fifty day? What's deeper down? And I got a bunch?
I got a today vee V total break on earnings
for whatever reason. Z scale ZS just broken a croudstrike.
(37:09):
I'm not willing to say it yet. Oh, Palo Alto
Networks goner. Pallunteer finished down today in an up one
ninety five NASDAQ. Huh was worse and reverse like the
(37:29):
NASDAC did. It's gone from two o seven to one
point fifty four and change. And remember I kind of
equate Pallenteer to Costco. Remember what we warned you on
Costco months ago, not knowing anything that how is this
stock going to go up when they're so big and
(37:53):
growing around low teens and sales in single digits. How
you can trade six well, you get a premium because
your costco And since then it's gone from one thousand
and seventy eight ten months ago nine hundred today. Not
the end of the world, but week so Pall and teer,
we've been warning you, and by the way, we've been
(38:18):
warning you on the way up, admittedly, but we've been
warning you about ultimate and then when things turned sour,
valuations matter. It's still got a three hundred and sixty
seven billion dollar market cap with less than four billion
in revenues. No longer does it have near a five
(38:39):
hundred billion market cap. Also of note, surprisingly the crypto
is down today off the lows, but was down today
now it trades on the weekend.
Speaker 4 (38:59):
Needs to do better.
Speaker 2 (39:02):
Very over sold, deeply over sold, ridiculously extended to the downside.
Pretty sure as soon it's going to bounce, but in
a bear market. If anything changes there, we'll let you know.
Because amazingly we get more questions on should I be
(39:22):
buying bitcoin? Something that has no revenues, no earnings, no product,
no sales, no office, and a guy running a leveraged
thingham a Bob and micro strategy who by the way
his fantastic idea in life. Yeah, you invest with me
(39:43):
and I'll buy some bitcoin and leverage it. Anyway, that's
the story there. We get more questions on that than Walmart.
Welcome to the world anyway, a great weekend. Drive carefully
if you're traveling, take your time, stay safe. They're there
(40:07):
to get you there safe. Don't argue with anybody at
the airports when you get home though. Also make sure
you hug them children. Have a great one. Everybody will
be back on Monday. Peace out, Bye bye.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Cultbomb on biz Talk.
To listen to past episodes or to get in contact
with Gary, go to garyka dot com. That's garyka dot com.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Bobby Bones Show
Listen to 'The Bobby Bones Show' by downloading the daily full replay.