Investor's Edge with Gary Kaltbaum - 9/11 [09.11.2026]

Episode Date: September 11, 2026

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Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum, your host. A thanks to being with us today. Glad you're here, ladies and gentlemen, happy that you are listening. It is 9-11, September 11, 2006, 25 years.

We're going to talk about that in a little bit. In case you don't know about everything that affects you. But we'll do markets, the economy, your job, your industry, the Morlocks in D.C., and if you don't know what a Morlock is, go look it up, and you'll have an understanding. And you know the connotation is not a positive one. But we're going to lay off them today because they're. there's more important things to talk about. Hey, if you don't get this radio show in your city,

we'll post it at garyk.com, we'll post it on our X feed. And if you don't follow us, me on X, you should, just put my name in. If you'd like to email us, all you've got to do is be nice. And nice and respectful back, unless you like Kamaas,

robbed a bank today, committed crimes, you're racist or any of that crap. We're going to do markets in a little bit. and a bunch going on. In case you don't know, in the last four days, the Dow dropped 1682 points off of higher yields and higher oil prices. We'll go through that today.

We'll go through the fact that we gapped up today. Prices gapped down. But yields. are up again. We're going to also talk about emergence. Ladies and gentlemen, for your listening pleasure, we have some emerging areas that have been down in the dumps for the last few months that may, nothing's ever 100%, may have had enough of the downside. We'll explain that. but we start with 9-11. And I was reading today about how 33% of the country were not around at the time. I think that's the number I read. For me, reading the story,

of heroism and what certain people did and what the firemen did and the firewomen and what the police did and the other stories that I think years ago but they bubble up

every year. Do you know that the Meadowlands in New Jersey with a Giants play well on a daily basis people that lived over there and who worked in New York City with at the Meadowlands and take I guess bust in to their jobs in New York City and after 9-11 dozens and dozens and dozens of cars were never picked up. And obviously you know what that is indicative of. Another story I read today,

they were able to, because of new technologies, a week ago, identify remains of one of the deceased and was able to tell the family. Twenty-five years later, there is actually. actually a city that does this 25 years later. New technologies. Stunning. And it turns out they still have thousands. And I don't want to really describe it, but thousands of that they are hoping better technology going forward on DNA will be able to identify for families. We're reading stories over again about the plane that went down in Shanksville because of the heroism of passengers that took down those pricks that they went after and got to the cockpit. We're reading again of phone calls and phone messages that continue to be played to families of people that knew they were probably going to die. And also from people that were trapped up in the floors that they could not get out. The stories, and this is what amazes me, the people, firemen and women, going up into harm's way, going up into harm's way and dying, saving lives, people that got out. I read a story today about a woman that was, I guess disabled.

and because she was disabled, it took longer to get down with other people, they ended up getting down to the fifth floor at a stairwell that was not crushed and they lived. And then the stories of the workers that came after that died of cancer, the toxicity from the dust and whatever, you know, That. And then of course outcome. In case you don't know, one of the outcomes was our Homeland Security Department. S.A. and not being able to bring on, what is it, three ounces of liquid. Then you remember the shoe bomber and how he got on. Amazing stories.

And as we have told you here before, we know exactly where we're. we were 25 years ago. We know exactly what we were watching, what was said, and not to make fun of them, but we told the story that Jim Kramer on CNBC said his sources said it was a small plane and it's probably, you know, just that. And then when he said that, I out loud said, wait a minute hasn't he been to the world trade center i have that's not us talk about the first one and again we're not ripping anybody here we're just this that's we remember these things and unfortunately we all cannot forget there are those that would love to do that again and again and again and not by the way just to the USA the whole western

culture. There was a guy down in New York City today yelling Al-Aw Akbar, not afraid to do that on a day like today. That is still out there. And other things I remember was President Bush standing on a heap, a fire truck that was destroyed. And somebody yelled out, we can't hear you. And he yelled back, Oh, we can hear you and everybody around the world can hear you. One of the moments. You should read it. Take your time. Read about the heroes.

We do if a situation arises. What would we do? Well, hopefully we never have to experience that or deal with anything like that. Any of us. Anyway, never forget. Always remember, if you have not visited the site, you should. And we move on. Up next, the markets.

Lots to talk about. This is the one only Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors 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-old. on the assets that's managed. We also provide a full range of personalized services, including

retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll 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 complimentary portfolio review. The number to call is 888-4-22-5-5-9. That's 8-58-5-5-9. That's 888-4-2-5-9. Investment Advisory Services offered through call-bomb capital management. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last Bastion of quality programming.

With Gary Coltbaum. It doesn't get better than this. So, we're still in Tuscany, Italy. So we sound different. And I know we sound like we're in a tunnel, but you can understand me. And I know there's like maybe a little clip here or there, but I think everything comes out.

And we're going to work on some new technology for when we travel. Because, as you know, fly from Florida up to New York City just about every other week and probably gonna every week going forward why be and son and I must tell you watching him not being around for a week or two and then you go see him and all the sudden you can converse with him you know the continued maturation of a young boy two three My goodness, it is just a wonderful experience.

And a lot of you that are grandparents understand that. I'm a very young grandparent, by the way. You should have seen me bench pressing today. I'm a beast. Okay. So yesterday we were a little bit rough on... a certain politician. We're laying off today.

Remember when we do that, it's for all of us. Gotta remember that. It's for all of us, with no bias or gender ulterior motive. Okay, it's in Florida time, 2.23 p.m. as we are pre-taping the show before the market closes. I sit at the outset, the debt was down 1682 points. in the last four days market very oversold

stretched and extended a lot of areas just destroyed and when I mean destroyed go look at the charts of news lines hotels housing a lot of the economically sensitive names

industrial types it's a pretty big list yesterday there was almost a thousand new yearly lows in the market, even though the big indices are not even close to the new yearly lows, indicating the internals are not great. And of course, oil prices and yields. Yields have been going higher. Oil prices have been going higher. But overnight, oil prices gaped down. A few bucks. The up. I think like 500 doubt points. Something like that.

And as I speak, the Dow is up 550 of that 1682 points. And to be clear, we'll take it. We'll gladly take it. And then, of course, the S&P will go along for the ride. It's up 1% today, as I speak in the market still trading. The NASDAQ up 306, the NASDAQ 100, up 330. everything pretty much gapped up today, though there are some pretty good pockets of weakness. And one thing I am noticing, and this is of importance, up again, and the 10 year as I speak, is it 4.967,

up point two, and the five year, up point four nine to 4.782. Now, oil prices are down, a few bucks, and that's what's, helping. I is the Dow dropped 1682 points. The NASDAQ's been

hit hard recently, pretty much a lot of things. And then of course you have the cause and effect. Airlines,

cruise lines, hotels, restaurants, casinos, just smoked, ripped. Of course,

oil prices. Guess what they're doing. mostly today, bouncing. Why? Oil prices down some. Now, I will tell you, I'm very agnostic right here. Can you be very agnostic or just agnostic? Either way, I don't know what oil does here, except to say it's very stretched to the upside. And typically, typically, over the last few months, every time you got at these levels, you got pullbacks. But as you know, extenuating circumstances going on right now in that,

we're being told now by the president that this may not be over until after the election. You have Iran sending out ballistic. So we'll be watching all this very closely. And again, that's oil prices and then yields are just going higher in spite of the Treasury Secretary and his ego that he is the house. And I can promise you he is not the free market is the house. So these two, sometimes they're big sore thumbs. And typically oil and yields are very important to the market. especially when they're going to extremes, both are up and down, and right now we've got extreme up.

But today, good bounce. It's only 237 right now, so anything can happen by the close, but as we speak, good bounce. And we'll see where it takes us. On where we go in the near term, I have no clue about Monday, but bounce. What's not bouncing, and as we have said to you, weakness has come about in the medical and health care areas. United Health down almost 11 bucks today. Eli Lilly, down another five, failed a breakout and then breaks down. Other drug stocks down.

Other medical types are down. Not all, but for a Dow that's up. expect a little bit better. Also seeing weakness again in the commodity space. As you know yesterday, roughed up copper and all those. And a lot of them are down again today. I don't worry too much about consumer staples because they're defensive, but they're down today.

Restaurants, mostly down today. So not everything. And Vance the client figures have been really bad. today better, of course, but not great. Get the mixed bag in technology. You have software, a bunch of them down. Get this. The three names that were really showing relative strength sand disk.

Well, we'll get to that in a second. Up next, we'll start with Sandisk. And what? This is the one only investor's edge. I'm listening to. America is talking. Investors Edge. He's got to be pleased with that.

The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him. And welcome once again to Investors Edge. So on a day where, as I speak, the NASDAX up 300 plus. Sandisk is down 57 today.

Sea Gates down 29. Microns down five bucks on a strong day for the semiconductors. Beats the heck out of us what's going on. mentioned some of the strongest software are also down today which takes me to potential emergence I always use the word potential because nothing is written in stone nothing is a hundred percent in these markets but as you know the artificial intelligence trade has been racked over the last, I don't know, 12, 14 weeks,

with a lot of names just blasted. I can come up with a Fabernet, $135 down to $413. This is a electronics name. That's just one. I can mention, how about this one? Because it's having a good day. Sanmina just went from 288. It's a 216 today and it's rallied up. A caterpillar, a quasi-AI name,

has gone from $1,073 to $821. And that's up $16 today. How about Sienna? That was a strong name. 637 to 348. Now, when I go and mention now areas, it's not every name, but we'll tell you what. Number one, there is a group in my system called the Electronics Contract Manufacturers, and we're just letting you know, maybe they're bottoming. a name like Avnet, which is electronic parts, that thing looks ready to break out to highs. If it breaks above 100, it would be a beautiful looking breakout. And by the way, it hit just below 100 by 8 cents earlier.

And it's 98 and a half right now. in that realm is arrow electronics, electronic parts, beautiful setup to potentially break out. And then there are just names I am paying attention to because they're showing qualities of bottoming out. And we're going to go through them this weekend in our webcast. Sam Mena, symbol S-A-N-M-M, a name like flex-tronics. And by the way, these stocks have been brutally hit. So maybe they just rally up for a few days and then take it. But we're always looking for an edge.

And when we see a plethora of names in a group, putting in what we call bottoming quality bottoming process. We let you know. And there are other names in that realm. Little Fuse. How's that for a name? How about, I'm looking at them in real time. How about maybe Jable Circuit? Maybe. I also have to mention, so as you know, Apple's coming out with this folding phone. and we're reading these stories about $2,000 and $3,000. Well, Apple has rallied up $22 from the low two days ago. Of course, it dropped $20 before that. But you know what's going on right now?

A couple of Apple suppliers, QRVO symbol, breaks out, new yearly high. And when we say there's not many new yearly highs, we mean it. Another one. SkyWorks Solutions, SWKS, both semiconductors, breaks out. Now the problem with breakouts right now is most all of them have not stuck. So we'll be paying attention to it to see if they stick. So there's a couple other things. for you. Good semiconductor day, but I can't find much besides these two that I'm thrilled with,

which has one of the better setups is down today. But good day. And we'll know more in the week or two ahead. There's still plenty of work to be done, but better. And we'll take it. We've played in very close to the vests with big indices. And they've done a job of not making us anything recently. Oh, but kept us out of the carnage of many. And many in the area. As we have told you, travel related? New yearly lows in carnival cruise lines.

New yearly lows. In Norwegian. Royal Caribbean. Remember Viking was a strong name that totally broke down. Airlines. Hotels. Completely roughed up. If that changes, we'll let you know.

We're going to need some more relief on oil prices. And as I speak, yields keep ticking up today. And I must tell you, I am surprised about that. Little micromanagement fear. I would have thought yields would have tanked along with oil prices gaping down today, and they have not. And as you know, I am worried because I think there is a big component of countries tired of the inconsistent put-downs from this president of other countries and their leaders, as well as the constant tariffs back and forth. And we believe countries are selling our bonds, just saying we have enough.

And I also believe they're adding up. You're at 40 trillion of debt and skyrocketing every day and doing nothing about it. We think there is a component of that right now. And we're not trying to rip. I'm trying to state facts. You do know the president is ripping the woman who runs Italy. Ripping Canada right now. Canada.

Yeah, that evil country, Canada. And I think other countries see that. And I think there's a raising up of the arms and hand. And we think they're selling our bonds. And today, again, Which is stunning, which calls into question how much can the market rally if yields keep going up? Takes me to the next point. The Fed meets next Wednesday.

Do you know they do this odds thing on the Fed and what they're going to do? And supposedly there's a 70 to 90% chance. They're going to raise rates a quarter point. I have no clue whether they are or not. If I was running the Fed and it was just my decision, I'd raise a quarter point. I most definitely would. Why? What have we told you?

You should be in line with the market. About a point. The Fed is at 3.5% right now. The 10-year yield. They're behind the curve right now. So I think they should. I have no clue what they're going to do. do. That'll be next week. Up next, what else we got for you on this day, 9-11?

You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Investors Edge with Gary Culper. Once again to Investors Edge. After the close yesterday, Adobe and Oracle reported Adobe's up four bucks, oracles down two bucks. That's the big moves out of that. I believe Oracle, though, if I got my,

oh yeah, Oracle opened up today, 66. It's 151. So Oracle, yeah, I'm pretty sure. I'm pretty sure that is where it did open. Yeah, it did. 166 and is now 151. Let me define that for you. Institutions, the big money crowd, is selling Oracle on a gaping up of their earnings report. And as we have stated here time and time again, we follow the stock. We're following Oracle's credit default swaps, because there is worry about how much debt they have incurred in order to move this artificial intelligence thing forward.

And that miserable day for Oracle stock. Whenever something gaps up big and just sells off badly into the downside, not good. And then there are times where, well, Snowflake. Do you know Snowflake on its earnings report? One day at $306, it opened the next day at $385 on their earnings report. But it closed that day at $3506, down almost $30 from its open, and it's now $3255. So pretty much nothing worked. after the earning support.

These are the things we have to pay attention to. It gives us a feel. There's been a few that have gaped up that kept moving higher, and then there are those that do that. And we always get asked, is there any way of? No, there is no way except you watch in real time. And you can maybe get a feel,

but I have to tell you, I've seen stocks gap up, up 40 bucks and then drop 30 bucks midday and finish up 40 bucks that happens too but I want to get back on point here as we move forward big picture yields are again up today at least the five and the 10 year the 30 years down a wee bit especially the 10 year call me worry skipping along analog devices in Texas instruments, symbol ADI and TXN, they may also be showing characteristics of trying to bottom after going through a long-winded correction. Two names that I have followed three years. If you go take a look, you will see Texas Instrument had a

a big breakout in April. It went up, came all the way down and retested right in the middle of that breakout gap and may be turning up. Look at analog devices. Same thing. Right back to the breakout that occurred in April and looks like it's trying to hold here and possibly turn up. Those are two semiconductor names that have not been a help.

So add that to your little collection of things we are mentioning to you. Potential bottoms being put in. And again, potential because, you know the next line. Need to see some more cards come out of the deck. Another thing is I watch and not thrilled with. There are a lot more new yearly lows than new yearly highs today. Now, new yearly lows contracted today, but you still have on both big indices, 458 new yearly lows, while the Dow's up 530, the NASDA, and the S&P is up 1%.

So underneath the surface, internals, no blano, we're going to need to see much better. Have a lasting move, and that's just a fact of life. Anything else sticking out today? Not really. Retail's bouncing, but as I've stated, I think I got three or four names that are in shape. Housing's bouncing, but it's been miserable. And it's bouncing because oil price is down. Not so sure that lasts. We're talking the bounces. And as always, if anything changes, we will let you know. We promise you that. We just hope. each and every one of you. Solem day to day.

We take a step back. Remember those that perished. And the generations of families, this day, I can't imagine. I personally did not know anybody. Personally. There was one business person I knew, but I met once.

That's it. I can't imagine. those that are and what they have gone through. And we should all just think of them on a day like today. You'll have a great weekend drive carefully when you get home, do like we do. Make sure you hug your family. Make sure you hug your children. They will feel better.

Be well. Thanks for joining. Good night. This has been Investors Edge with Gary Cultbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to Garykay.com. That's GaryKay.com.