Investor's Edge with Gary Kaltbaum - A MOMENT [05.07.2026]

Episode Date: May 7, 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 day. Thanks of being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is Thursday, May 7, 2020, 26, a travel day for yours truly.

One of those things. So we're doing this show in the last hour of the market day, which is not the most pretty day on earth. And we're going to go through it specifically very important areas. But first, in case you don't know, this is serious talk on everything that affects you. We'll do the markets, the economy, your job, your industry, war tariffs, more war, more tariffs, debt deficit scams, shams, corruption, you name it, we cover it. and if you do not get this radio show in your city, we'll post it at garyk.com. We'll also post it on our X feed.

And if you don't follow us on X, just put our name in and follow us. And if you'd like to email me, just be nice, we'll be nice back. You can disagree with us 1,000%. We can disagree with you 1,000%. We'll be respectful. That's all.

Unless you like Hamas or promote terrorism or you're a racist against anybody. We loathe racism. loathe. And I've seen so much racism throughout my life.

Not just me as Jewish, but against blacks, Muslims, Sikhs. I can go on. But for another time. Okay, so as I speak,

Dow's down three 45, S&P down 35, that's not bad. NASDAQ's only down 74 because today for a change, you have very strong software stocks. You had some software earnings and it has lifted it up. And a daylight today with the Dow is down 340. Microsoft's up 9, Salesforce.com's up 6, Adobe's up 7, SAP is up. is up. A crowd strike,

35, for example. So that's helping out, but what's not doing well is the semiconductors. And I just want to spend a couple of moments on it, because that has been the hottest place since the gap up on

April 8th. And almost vertical is just about the way to describe it. So I want, want to let you know more than likely, we probably hit a moment on the semiconductors. Not because anything's bad. It's because of trajectory. So imagine you're looking at price on a chart and you see it going from, let's see.

7 o'clock, I take that back. Let's say the trajectory is 8 o'clock to 2 o'clock. The trajectory. A normal rally for any entities from 8 o'clock to 2 o'clock. And then all of a sudden, over a few week period, the trajectory goes from 7 to 1. Actually even, how about 6.30 to 12? 30, almost vertical.

So the trajectory had a major league change from the norm. Well, typically, notice the word typically, you're going to be able to figure out a moment where the trajectory has to stop, pullbacks have to occur,

and set things up for higher prices, after, potentially. I think there's a chance. Notice I didn't guarantee. Notice I didn't say 100%. I think there's a chance that we've gotten to that moment on the semis as a whole. But just so you know, there's some semiconductor stocks that have gapped up today. I got one that's up 160 bucks today. but others not as great. And I would also mention that some of the artificial intelligence names that had that same trajectory thinking the chance, same thing here. It would be normal as all heck.

It would be normal as I walk outside here in central Florida. It's over 90 degrees today. That's actually not normal. but hot in the summertime in Florida. It would be quite normal. And I think there's a chance we started it today. Not 100% sure. And often you can have a swift down move, rally back up, and then head lower.

And we'll just see, take it day by day. The semiconductor index is down 364 right now, which is a little over 3.6. But in relation to the move that's a fly on an elephant's butt. But we just want to let you know. And some of the strongest names are coming in today. Five to 10% drops. The strongest name has been Sandisk. It's down 105 bucks today to 1,300.

But that's only after a pretty good move. GEVs down 75 L-I-T-E's down 72. and I can go through others, but you get the point. That said, the software stocks definitely getting those money flows right now. And how long that lasts, I don't know, but some of the weakest stuff is showing potentially, potentially, bottoming formations, if not even better than that, meaning they took stair steps up already. We'll see. I know it sounds like we're micromanaging, but we're really not. We're just telling you from a point of view today. And things we mentioned, crowd strikes up strong,

but Palo Alto Network, snowflake, Z scale, auto desk, even the real week like Intuit, HubSpot, workday. We've been highlighting these names for a long while as brutal bear markets. Brutal. Maybe they're coming out of the bear markets after gargantuan drops. And I think what may be happening there, just remember, their drops, the reason that was told to us is artificial intelligence is going to kill them and all that crap. Well, I can tell you something like a data the dog reported earnings, up 30 and up 32. The stock's up 30% today. The stocks had a big draw, a 50% drawdown before this.

So as earnings come out, all of a sudden, the institution's like, well, wait a minute here. Hold on a second. I thought, and they're realizing maybe it's not going to be this gargantuan effect. And we'll see. And maybe I'll be clear that there is. plenty weaker than others. There's plenty still way down.

Oracle sitting at 193 off of a high of 345. By the way, Oracle was 134 at the lows about seven weeks ago. 193 today. So a nice good move off the

lows. Otherwise, we're still bearish on housing and housing related, with still retail. One of the stronger names in retail was five below. It broke the 50-day moving average today the first time since November. Recently, a strong name was tapestry. That was down 18 bucks today on their earnings. And of course, there are other stocks like Burlington and Boot Barn that were actually acting well weeks and weeks ago, they're now toast.

So we're mostly a void on retail also. We're mostly a void. And they bounced yesterday a little bit on travel related, most defense stocks, not all, pharmaceuticals, autos. one area that I think we're out of the muck still way down in their bare markets but I think out of the muck is the payroll, ADP and paychecks.

They may be turning the corner but that's after gargantuan drops. A lot of the financials were still a voids on, not all. I could tell you, City Group acts pretty decent, Morgan Stanley Act's decent, Bank of New York acts decent, but they're not going anywhere.

On the other end, Wells Fargo acts like crap. So somewhat of the mix bag there. But for me, the leading group has been the semis. And maybe they hit a moment today, along with some other artificial intelligence stuff. And again, nothing wrong. Trajectory. Up next. More on the markets.

News of the day. 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 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, 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 888-4-2-5-59. That's 8-8-5-59.

That's 888-4-22-55-59. 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. And welcome once again to Investors Edge. We'll get into the news a little bit. As you know, one of our big complaints has been the social media of the war via the head honcho top dog big cheese. And we've always said that because so many things he says changes in three hours.

And we're talking about war. You know, we're talking about war. People dying. Why are we social mediaing it? And then a lot of things turned out to be wrong. And we keep hearing who's in control, who's not in control. and we've been telling you, I got news for you. We're not in control.

Militarily we are. We're always are. But the rest of it, we're not in control. Control is also what the opposing does or thinks. So there's some news out there. We'll get into that in a little bit. The news kind of had oil prices shift today after dropping markedly. By the way, we are very much avoids on a lot of oil stocks.

The oil services actually is topy, but the big oil and the explorers in production, those have topped. And some of the big oil really have some pretty icky patterns right now. And I must tell you, some weirdness out there. I saw some people whining, complaining about how much money the oil comes. companies are making and it's not their fault and they have to raise prices as the price of oil goes up or they go out of they lose money anyway so there's some of that going on we'll get into a little bit of that and just remember regardless we're rooting for our president to do great things to be successful we are not TDS We are truth arrangement syndrome, and we just want good things. And when we complain about pardons and we complain about other things, it's for a damn good reason.

I hope you understand that because then there's the next person, and then the next, and then the next. What else? I can tell you some of the sentiment indicators off the charts. I heard about put calls. were at a multi-month complacency. We'll see. The good news for the big indices

is the fact that you get rotation into software, and that keeps the big indices in good stead. Microsoft being up nine today is huge. What is it? Top three or four? NVIDIA's up today. Goldman Sachs put something out and raised something and something, something,

and the markets listen, so NVIDIA is having a decent. day. Qualcomm's having a decent day. So you've got a few names that are really helping out. Advanced declines, not good today. Up down volume, not good today. But some great reactions again. You've heard of Granger, W.W. Granger? Big move on earnings. Up 75 bucks today. Was up, looks like 100, pulling back with up 75. Good day. How about? I bet you never heard of this one. S-I-Time.

S-I-T-Conductor. Up $162 today. 26%. How about this one? Bet you never heard of this one. Zometry. You spell it X-O-M-E-T-R-Y, symbol X-M-T-R. Up 39% today.

AI Online Manufacturing Marketplace, whatever the hell that means. I'm going to have to look that up. that had a good day. So there's still pretty darn good reactions to earnings. Some faded today because it's a rougher day. On the other end, I'm not thrilled. Listen carefully.

LPL financial investment brokers. AmeriPrize. Investment brokers. How about Raymond James? How about Schwab? Investment brokers. That's really breaking down. That's not an unimportant group to the market.

In my humble opinion, that area is really fading. And that's of note. And when we say to you, you got to be sector selective or else, oh, we mean it. I can mention 500 to 1,000 stocks, a lot of them you've heard of, that have just all been destroyed. So we'll keep letting you know this area, that area, this area, that area. I was hopeful today on gold and silver, but they're fading because the dollar got strong at the end of the day, because whatever the hell's going on with the Iran thing. crypto has been better but I have to tell you

when it was really going good it had what I call umph O-O-O-O-M-P-H 3-0s when it rallies now just doesn't feel like it has a lot of umph in fact any umph

I'll let you know if that changes they're still out there telling you it's going to 1.5 million. Oh and by the way the people that told you in December was going 150,000 you're paying attention to them? I hope not. I'll also note today Caterpillar good reaction to earnings and AI think down 35 bucks today. Things like that. And then big banks, J.P. Morgan, down eight. I got to see if there's news on that. So, icky day except for software's having a pretty decent day. You wouldn't even know it.

Other areas having a decent day today? Hey, you're bouncing a little bit the airlines, but nothing's going on there. Garbage is having a decent day. Yippie, yeah. And then I had to bring this one up. You've heard of Shake Shack. So I've never had a burger at ShakeShack. And by the way, I'm not really a burger guy that much.

I think if I have one a year, it's a big year. But I have to tell you, they reported earnings break even that totally missed expectations. And guidance not good. It's down almost $28 today. And it's not a thousand dollar stock. $28 to $69. Up next. I got a question for you on that.

And much more. Got the news. This is the one only Investor's Edge. We're listening to. America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on its feet here.

He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you're talking. tool. So, shake shack down 28%. It's down 55% from its highs of 10 months ago. Serious deterioration. Any of you out there have any idea on it? Are they doing anything wrong? Have you been to it? I bring that up because I have an experience today with PayPal. Just a separate thing. And I don't know if you know this, but PayPal, they do a lot of business.

But the stock has gone from, what about, almost 300 and 21 down to 46. Well, after the experience I had with PayPal today, I can understand why it's gone from 300 to 46. It was nightmarish with PayPal. That's my experience today. to try to get a human being on the phone, I think if somebody had a camera on me, it would have been a curb your enthusiasm skit with Larry David. I was losing it.

It went from one robot to the next. And they would ask a question of me, and I'd answer it, and it would ask the same question a second. I can't even begin to tell you. I'm dumping their ass. for my business. That was so depressing.

It took me 44 minutes. I timed it to get somebody on the phone. And to their credit was a big help. But the system... Anyway, back on ShakeShack, if anybody knows the restaurant industry's been there. I want to know what you're hearing, what you're thinking, what's going on,

why is their numbers down, and all that. Always interested. You know, for a while, we did the Kmart Walmart Target thing for you on this show. Many years ago. Like weekly, I'd come on,

okay, I went to Kmart, went to see it. Dirty, dingy shelves were blank, nobody helping. Oh, I went to Walmart. They were very nice. Everything was clean. Everything fully stocked.

Oh, I went to Target. This was before Target's problems. And guess what happened to Kmart's store? went out of business. My store went out of business and I don't know. Is there no K-Mart's left? So we like doing that. Sometimes it's your eyes,

your vision, your hearing, your smell. Like if I had to tell Chipotle right now, you can't go to three different chapolets and have three different spices type of thing. Should have consistency.

Right? And also, you can't go to one where they give you a bunch of chicken, another one where they give you very little where you have to actually ask for a double order and pay more. Consistency. Just some things we tend to look at. Anyway, paypal was a nightmare. And again, on the shake shack thing, let me know. And by the way, I did this whole thing on Portland. I got a ton of emails on Portland from you all. And you all tell us. me exactly what's going on there and why it's going on and you know L.A's got some, you know the story, by the way. You all know the story. So as I speak, the market's still rolling, Dow down 370, NASDAQ down 100 now. And again, the semis are down almost 400, but just keep in mind they've had a gargantuan move. This would be as normal as normal can be. And you just don't know which day it's going to start. I think today probably started it. Then we'll see what goes on. News, always interested in something like this. You ready? Apple is going to pay iPhone owners $250 million over a settlement of false advertising, and you need to check to see if you qualify. It's over claims that it misled

customers about series artificial intelligence features. The tech giant on purpose deceive customers by marketing these features that did not yet exist, leading them to buy iPhones based on false advertising. You know what the problem with these class action suits? You get like eight cents. I think a lot of these companies know, I guess they have probably an envelope with a certain amount of money in it. Yeah, we know we're going to pay this out, but boy, are we going to have a lot of sales. It applies to consumers in the U.S. who purchased an Apple intelligence compatible device

between June 10, 2004 and March 29, 2025. iPhone 15 Pro Max, 16, 16, eat, whatever, are expected to receive about $25 per qualifying device. Hey, thanks. So you cheat. You. needed me, but you're going to give me $25. I love corporate America. In the news, and this is what I'm talking about. A couple of things. You know, our transportation secretary, I like the guy. I think he's presidential material.

Have you watched him? I think he's done a great job. whenever there's an issue. Sean Duffy is his name. I think he's handled himself well. He's out today saying that oil prices are performing well and you should go and drive this summer and don't worry about it. You know what I'd love to see one time?

Somebody just tell the truth. We know oil prices are not performing well for you, but we do believe when all this you get my point treating you like idiots i wish they figure that crap out you score more points by just telling the truth speaking of telling the truth here's what we're finding out today elite cia briefing to the white house and the White House knew concludes that Iran has retained significant ballistic missile capabilities. Roughly 70% of its pre-war missile stockpile and 75% of his mobile launcher inventory. Yet the president has been out saying we have destroyed them, they got nothing left.

This is what we mean. Remember, this war was started because we were told they had two weeks to get a nuclear, whatever. A month before that, the president told us they obliterated their nuclear. And I think they think we forget these things. Anyway, this is what I'm constantly talking about. We had it for four years from Biden. The border is secure. But it doesn't stop with this presidency.

And all they got to do is just tell the truth. But I guess that's not in the cards, is it? Anyway, this is a big story. This is from the CIA, our own peeps. 70% of pre-war missile stockpile and 75% of its mobile launcher inventory. It's a big wow. And then in other news, and this is funny, an American bank employee hung up on the Pope when he called customer service because she thought it was a prank call.

Leo formerly known as Robert Prevost who was born and raised Chicago called his hometown bank to let them know he moved about two months ago after became the Pope, the Pontiff. She asked all the security questions and then says, oh, I'm sorry, sir, it says here you have to come in person. He said, well, I'm not going to be able to do that.

I gave you all the security questions. She didn't believe him. Okay, so that's the funny story of the day. Oh, and by the way, there was a poll Are you happy with the Pope saying he wants peace and not war? 30% of the people were negative on that statement. Where does the 30% of these people come from? Think about that.

The poll was the Pope says he wants peace and not war. Are you positive or negative on that statement? 30% said negative. The world is going nuts. Up next, I think I'm done with the news. Back on the markets, as we take you towards the close. I'm Gary. This is the one only Investor's Edge. You're listening to.

What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Investors Edge. With Gary Culpa. Hey, don't forget it's Mother's Day Sunday. Don't forget your moms.

do something nice, say something nice, and all that. All right, let's see. By the way, do you get like 10 spam calls from people that want to give you loans? I get 10 a day. I applied for a mortgage like six months ago, but that's it. But I get, and I'm calling, I'm talking business loans. How did I get on this list? I get 10 a day.

Do you guys get that too? Gee whiz. All right. So, Dow down 330 as I speak. Caterpillar not helping down 35. It's a rough day for AI. That would be about 36. That's like 200 down points.

Goldman's down 12. Remember, those are the two most important names in the Dow because of price. They need to fix that. Rough day for the leading stocks and leading groups. That's the semiconductors, artificial intelligence and all that. They were overdue. As I said from the outset, the trajectory had to happen somewhere. And this is a guess.

I think we may get a little time and price in these areas now. And that means backing and filling, pulling it a little more, and also separating. What do we mean by that? Well, I can tell you symbol FN, CLS, probably L-I-T-E, all been strong,

but had bad reactions to earnings. Probably they're going to be under some good pressure versus some good reaction. to earnings that are just extended and they'll have to go through some motions. And what that means is just heading back to a little bit of what we call the norm. And that is a normal trajectory. That's all. And it will be staggered.

We may have a decent day tomorrow and then a rough day Monday, backing and filling. Again, I think we may have hit a little bit of a moment. here? I think we did. That would be a good guess. And no way, shape, or form we're saying the world is ending. Just the leading groups may be on the pullback mode now. That's all. We said to you also, we think this crypto just doesn't have ump. It's off the lows with a lot of things. It doesn't have ump. We also told you, we don't oil stocks are really trading poorly right now, even though oil price is completely reversed today, we're still avoids on housing and housing related.

Retail lost five below today. This is one of the three strong stocks. Oh, by the way, and probably lost Target also. Target's been strong relatively. The strongest name has been raw stores. And even that, a little bit of pressure today. So we're not fans there. And you know all the other areas we're not fans of.

We're big believers that we follow 200 sectors, some sub-sectors, countries, countries, commodities. As we said, the strongest country, South Korea and Taiwan, very, very strong because it's a semiconductor thing. And then you go through a litany of others that are not as strong, and you can avoid those. Yes, South Korea, man, oh man. And that has to do with Heinex and Samsung, just kind of sort of gone vertical. We are not fans of a lot of financials, just not fans. And we don't like the way they're trading the banks today. They have not been in bull mode.

They have not been in bear mode. they have been in sit mode so no biggie but if I ever said to you Goldman broke $900 then I'd be talking about maybe starting a downtrend if I said to you

JP Morgan $305 that would be maybe a little bit worrisome there were certain levels that we follow and again the reason is banks are important to the market.

And as we've said to you, steel stocks have been strong, but having a terrible day. But trajectory. I think we're getting a little bit change a trajectory, not the end of the world. And again, software getting some juice here. And I don't own it, but the IGV definitely some relative. of strength, moved above, you know, we talk about these stair steps. IGV is going to finish above a stair step today. Is it successful from here? Beats the hell out of me. We're just pointing out you know how you go from a bear market to a bull market or a bullish market. Stair step back up.

You got to start with the first one, second, third, fourth, and then you're on your way. There was so many moving parts today in Iran. You can go read about it. If I took over the presidency today, I get that crap done immediately. I did say I would try to get it done immediately. Just get the hell out of there. We've got to get oil prices down. And Mary and Uncle Bob are getting trashed. And that's why I said what I said about Secretary Duffy today.

Aunt Mary and Uncle Bob are getting trashed. When I, I do okay. When I look at what I pay at the pump and I'm like, wow, think about people that

paycheck to paycheck or just have a little bit of savings. It's a huge difference. Let's hope they get that done. You'll have a great day. Drive carefully. I'm traveling tonight. Mark, it will close in about 15 minutes. Rough day. And when you get home, do like we do, make sure you hug your family, hug your children. They will feel better. You'll feel better. I promise they will. Be well. Peace out all. Bye, bye. This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes

or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Thank you.