Investor's Edge with Gary Kaltbaum - AND ANOTHER GOOD DAY

Episode Date: July 11, 2023

Follow Gary on GaryK.com or http://garykaltbaum.com

Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stock up savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORAIDA, Silk, Capri-Sun, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up

and go pick up or delivery. Restrictions apply. See website for full terms and conditions. Investor's Edge with Gary Cultbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And walk once again to Investors Edge. I'm Gary Coltbaum, your host.

A thanks of being with us today. Glad you're here, ladies and gentlemen. Happy that you are listening. I believe it's 7-Eleven, 2003. I believe it's Tuesday. Yes, it's 7-Eleven. look at that. And I think today, doesn't 7-Eleven give out free slurpees or something like that?

I know there's one day a year and they pretty much run out pretty quickly. Anyway, hope you had a good day. We're going to get going with the markets right out of the get-go. Yesterday, we just added it was one of the best days we have seen a while, broad market-wise, where more and more names, what was the exact words we said, just almost the exact words. Setups. Just a lot of things were setting up to move higher. And typically, when you get that type of action and you have to be under the idea that we have a good eye for this stuff,

that maybe the market is going to do some good things. things. It's all we said. Today's market wrap is brought to you by Investment-Models.com. That's Jim Roarback, one of the great market timers. No gray areas with the man you're either in or out of the market. What is proprietary indicators, go check it out. Investment-dash-models.com. Well, Dow up 316, S&P up 29, NASDAQ 75, NASDAQ 173, transports 221, advanced declines pretty good, new highs picked up. And I must tell you, the NASDAQ was lagging all day to day because it was another lagging day for some of the mega caps because of whatever the news is about rebalancing and all that fun stuff. We're just letting you know it was another darn good day. And as we also stated,

The oils woke up on Friday, specifically the OIH. And I have to tell you, I want to buy them. They haven't given me a pullback, up another 3% plus today. Sometimes they do not give you a chance, ladies and gentlemen. Now, we can sit here and talk what was weak. What I'd rather tell you about is what was strong. and more importantly for those of you that are into mutual funds and things like that I'm going to mention something and it's pretty simple if the S&P can break out above

we'll call it 4456 4458 we're going to get more to the upside. It'll be a break above the last four weeks. If the Dow, the lagging Dow can break above 34-589 and just a little than 34-713, the Dow joins in to a certain extent. Now mind you, the Dow is lagged because there's some pigs in the Dow. That's. said, a few started to come on today. Salesforce.com. They had some news today that they're raising prices, and it jumped. It's been weak on a relative basis. Jumped eight bucks and change. That was about 50 Dow points. Boeing tried once to break out, failed, maybe starting to try again. Go take a look. That was up five. The weak, big oil started to come on today.

When you have a chance, go look at the XLE and the XOP, and you will see it subtly turning up. Leave no doubt, though, the OIH, the oil services, is much stronger. What else? You know how when we had the bare market, we would always say to you, good news was bad news and bad news was terrible news. Well, when you get into uptrends, bad news could be good news and good news gets going. Well, they had some news on the Activision and Microsoft and maybe that deal can get done. Who the hell knows? But what did it do? Electronic Arts, up seven bucks today.

Take 2 Interactive up seven bucks today, both at new yearly highs, in sympathy. That's what we mean by when you get good markets, any news will lift some things. Let me tell you what we're also getting. And as you know, we are no fan of Kathy Wood in the Arc Funds in that. Anybody who has the ability to lose 80% in the bare market, and let me be clear, her ARKK fund went from 15970 to a low to 2940. We're letting you know today it broke above another range. Not the highs of last August, but the highs of June and February. And what does she own?

A lot of what we call, well, she has her own names for it. We call it a bunch of lots of money-losing speculative stuff that when the market can get going, the market can get on them. So guess what? Some of the worst crap in the market. And this is not an indictment of the companies. When we use the term crap, we're basically talking about companies that are way, way down. lose a lot of money, but the market's in that moment where, what's the cliche, lifting all boats? I really don't want to mention names, but I'll just give you an idea.

Here's one. They lost 44 cents a share last quarter. That was up 4.85% today. Here's one. the stock has gone from just in February 150 down to 80 was up 9% today. By the way, the all-time high was 307. So they'll lift. Oh, here's one.

I got, you know what, I'll name this one. Roku. Roku. You remember that? Well, it closed today at $75.43. cents off of a high and we're not making this up $491 in July of 21 but it was up seven to half bucks today on heavy volume coming up the right side on gargantuan losses they had some news but it wasn't any news that should make something go up 11 percent but we're in this market so

I'm just letting you know the Kathy Wood archetype stocks started. There have been a few, but they really started to light up today. And we actually think they can go for a bit. And of course, you got to babysit because a lot of money loses. And why is that? Because when we go back into a bare market, what have we told you? bare markets will drop stocks anything that loses money 70 80 90 percent we experience that but right now you're on the other side of that so they are lifting that so just letting

you know very good day today we call it beta that's what we call it the market's getting some higher beta stuff right now But notwithstand that, the financials are actually doing a bit better. V's and MasterCard New Yearly High. J.P. Morgan got an upgrade today. I think that was close, though a lot of them are bringing up the rear. And just overall, and you know what the weak stuff is? Continues to be.

Food, drug, beverage, tobacco household products. The market is betting on a better economy. And as we have said to you, we think it has to do with the fact. that federal spending by the government on so many things, it's going to be all debt, but still goes into GDP and we think that's part of what's going on. And we get asked all the time, isn't valuations ridiculously high? Absolutely. Isn't the Fed still raising rates?

Absolutely. Isn't 10-year yield? Well, the 10-year yield closed today at 3.98, back below 4 will take that. Isn't that all bad news? The market doesn't care right now. Up next, more on the markets. Lots more. I'm Gary. This is the one only Investors 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, 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 888-422-5-5-9. That's 888-4-2-5-9. That's 8-8-5-9. Investment Advisory Services offered through call-bomb capital management. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Embatta. We discussed his vision for the

of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. Building actual physical machines. Yeah, it's why. It's why. It's I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature, right? My cell phone is a mature technology at this point. How far are we

from that point with Conta? By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius,

body armor, or aida, silk, capricon, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long sales. savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick-up or delivery. Restrictions apply. See website for full terms and conditions. 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 are just letting you know.

And by the way, it's industrials. It's materials. It's auto dealers. It's transport. It's travel. It's housing. It's housing related. You know what?

Got an upgrade today? Zillow. Their earnings and revenues are just way down year over year. It's at a new yearly high. You know, what Zillow is, online real estate stuff. Stock close at 52, but we want you to remember, had a high of 208 in February of 21. But we don't care about 21. We care about the present. There's another one called Redfin, a real estate database. Well, let me give you a little bit on

that one. Hit a high in February of 21 of 98. It closed at 15 today. but it's at a new yearly high. Now, for me, it gets disqualified on playing. Last quarter sales down 45% and they lost 55 cents a share. In fact, the last four quarters, they've lost $1.60, $2.75 a share, which is a lot of cake. So we'd stay away, but we're letting you know the housing and housing, related are getting a bid. We're just reporting the news to you. What you do with it, you decide. And now oil prices, which is bad at the pump in a couple of weeks, but good for oil stocks,

if you look at USO, it's starting to rise. And that's helped the oil stocks. That's a part of the market also. So we don't want to sound like Joe Bull. We just want to tell you that the market improved again today. And how do we know? We've already scanned a thousand names. If that changes, we'll let you know. Even some retail waking up and they've been dead. And then there's some things that your host, handsome and buffed Gary, does not understand.

So on June 2nd, we said to you, we thought the broad market was coming out of their coma. Little did we know how much. But let me give you an example of Gary does not understand some things sometimes. Here's a company called Restoration Hardware. On June 2nd, it finished up $7 to $252. Down from $351 in January. Stock got squashed.

Last quarter's earnings were down 67% revenue. revenues down 23%. Since June 2nd, it's gone from 252 to 365, breaking above January's high, even though the last two quarters earnings were down 49 and 67, revenues 14 and 23. What is that telling you? Well, they operate 37 outlet stores in 31 states and Canada, offering hardware, bathware, furniture, and lighting. Okay, whatever. If earnings do not recover, that means valuations go into the trees. The market is betting that earnings are going to recover. And by the way, I can go through a crap load of names just like this.

Markets just don't go up. It's usually a reason. Now, we do know there are points in time where there are bubbles. That's usually the end of cycles. So we'll find out in the months ahead. All I can tell you is that the market's strong. It's becoming more broad-based. It now includes energy, which was dead.

You're getting not all, but you're getting some retail lighting up. And I consider restoration hardware retail. And I don't have much bad to say. The bad part is on the sentiment front. It's too much bullishness all across the board. But what have we told you about? Sentiment is a secondary indicator. It's not primary.

Price is everything. Everything else is noise. And there's your story. I'm just hoping some of these oils pull back. By the way, the OIH is led by Schlumbergerge and Halliburton, and they're persistent since Friday on the move in oil prices. And again, let me repeat. If anything changes, we'll let you know.

But in the last two days, the market's got stronger. Now, the Dow is just getting back what it lost over the last three days. But the Dow is within a few hundred points of the highs of the year. We'll see if it can get moving. And I say that because some of the worst crap in the Dow woke up. 3M got an upgrade today. Worst stock in the Dow just, yeah, I'd say just about. Now Walgreens is, that was up 4% in change.

If that can move, that would be a big help. So we'll keep you apprised. But I've already scanned a bunch. And now some beta. And as I said, the ARC funds go scan them. Symbol ARKK-R-K-E-W have moved above range. What does that mean for tomorrow? Beats the hell out of me.

We just weigh the evidence. A.R. KF is another one of her funds. And we are not telling you to buy them, sell them, short them, or cover them. We're just telling you they broke above range today. It is your money. You please decide. As always, in anything you do, make sure you put fail safes in there. What's a fail safe? Never lose big.

How's that for a concept? The other part of the equation is the 10-year yield. As you know, it's been rifling it to the upside, but you know what it did? It went right to the highs of February and it's fallen back off. It hit 4.094. You know what February was? 4.091. So you're back to 3.980, so that's not bad.

Very simply, as I've said for you ever, lower interest rates and lower oil is always good news. Now, near-term oil prices are going up and I can 1,000% promise you in the next, Because they're quicker raising prices. Next 10 days, you're going to get a good 10, 15 cent pop to the upside. But maybe the market's saying economy better. We'll see. We'll see. We just followed the bouncing ball.

Pretty much everything else is noise. But good day. And believe me, I look for negative things. I can tell you some of the things that are weak, it's the minority. Up next, what is the next? what else is going on? I'm Gary. This is the one only investors' edge. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM.

I recently spoke with IBM's new director of research, Jake Embatta. We discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes.

Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right? My cell phone is a mature technology at this point. How far are we from that point with Quantum?

By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Hi, I'm Dr. Jay Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches.

Like, I get a stomach ache every time that I eat. and it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomach kick every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change.

Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. Listen now wherever you get your podcasts. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, Oiraida, Silk, Capri-Son, Bavarian Meats, and Charmin.

Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in store or online for easy drive up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. You're 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 walk once again to Investors Edge. And by the way, to give you an idea, what we mean by negative sentiment, two bullish sentiment, valuations off the charts, I got an email this morning, and I double-checked.

The spread between the S&P 500's Ford earnings yield and the 10-year treasury yield is hovering near its lowest since 2007. and they say that's worrisome. And again, we read all this and because we want to make sure we're not paying $10 for a $5 bill. We'll see. Here's another one I got sent today. The weight of the top 10 stocks in the S&P 500% of market capitalization

is 31.7%. but they're contributing only 21% of the earnings, which means they're not, you get my point. There's a lot of that going on. The other thing that we get all the time is what is the earnings, price earnings multiple? We're told with the S&P is over 20 now. When historically the number is usually 15, and we have rates going higher, how can the market go up and if you would have told me six months ago the Fed would be raising rates to five and three quarters if you would have told me six months ago some of the earnings numbers I'm saying if you'd have

told me the yields were back near four I would have told you the S&P would be at 3,200 as a guess catch my drift. So we get that all the time, but we watch Price, we watch the institutions, and they're in right now. In the news, and this is just sickness,

there is the, has nothing to do with you and your money, by the way. The California Department of Corrections and Rehabilitations released Leslie Van Houghton. You know she is? she served 53 years of a life sentence in the Charles Manson murders they released her what does a person have to do in some of these states to be in jail for their life the families the family of this event are beside themselves that and even the governor she's been paroled before and the governor uh to his credit gavinus him, nope, vetoed it. This time he said he couldn't. It was done. So the state appeals court ruling that she should be granted parole. And again, I'm just thinking to myself,

what does a matter with these people? There is too much caring about the crook versus the victim. A life sentence. I'm sorry for gruesome murder. Anyway, in the news. I have a question. Isn't government supposed to work for us? Aren't they supposed to answer to us?

If I Gary Kalbom asked government for an answer, shouldn't they have to answer me? Or you? Good question, right? There is a whole thing going on. Of course, the media has their thumbs up there. You know what?

Because it's their guy in the White House. They found cocaine in the White House. And they're going to brief Congress, the Secret Service, on Thursday. On the cocaine. Why aren't they briefing us? Do we not matter? By the way, this is part of the whole carnival and escapable. paid of government and the secretiveness and the insider trading and the corruption.

I was just, I'm reading this headline, what is taking so long? Secret Service will brief Congress on the White House cocaine on Thursday as search for the culprit reaches the ninth day. They know who it is. Ladies and gentlemen, you know what we are? We are just puppets. We work for them. them. That's what it comes down to now. They got it done. We work for them. In the news, it's Amazon Prime Day, today and tomorrow, I believe. In case you don't know, we're going to give you a little help with this. If you are not an Amazon Prime member, you can become one as a trial for 30 days and get whatever you want and then shut down your Amazon Prime.

so just letting you know we're also letting you know that Walmart Best Buy Target and others are now competing with Amazon so they don't cannibalize or take away from

their sales because some of the deals on Amazon as I'm reading it pretty damn good so just letting you know that's going on it's pretty much what a smart idea by Amazon creating this. Just a very smart idea.

And I must tell you, the amount of trucks I am seeing Amazon on the road, gargantuan, when I get my bills now, I can't begin to tell you how many Amazon's are on there. And it irks me because it does not describe on my Amex bill,

what's it for? I have to go to my Amazon. account for it, but it really is worth it. Delivery comes quick. I just got my father's, he's 92 years old, he just fell. I just got him a chair. It's one of these chairs that are for elderly, they're higher up, and you can press a button, they lift you up so you can stand up easier. Amazon, cheaper than everybody else. Amazon got it there. They got it there. within a couple of days when if we would order from a, what was it like a drug company, medical supply, whatever, two weeks. So whatever they're doing, they're doing. And all we've ever

asked for in life is service and delivery. And I know nothing's perfect. You never know. But just let you know, it's Amazon Prime. If you need stuff, you go check it out. And I guess, you go to the search bar on there and blah, blah, blah, blah, blah, and Amazon's going to do some hefty business in the next couple of days. And I have to tell you, I still remember when Bezos came out with Amazon, it was a hot stock and stuff. A certain, I can mention them, CNBC, I don't mention them often. They used to make fun of them because he had this funky laugh. and when he laughed he kind of looked funky they actually kind of made fun of him at the time and this guy just be amazing just absolutely amazing what they have been able to do here in central

well i live near i am in northeast central florida towards daytona about 10 miles from me on i4 they have one of these amazon fulfillment centers i can't begin to tell you how big this joiners. This is one of those places where that clown, Alexandria Ocasio-Cortez, wouldn't let Amazon be in New York, wherever that was. I don't know exactly what they were going to do there. It was a fulfillment center, but also some high-paying salaries. All I know is it's helped the economy here.

Yet they keep voting in that socialist, Marxist, dufous. anyway that's your Amazon Prime today and is there anything else I wanted to cover that should do it wanted to start with the markets first because another good day

and what have we taught you about the end of the day guess what was going on at the end of the day today was bought up up next this that and the other thing or whatever else. This is the one only investors' edge. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM.

I recently spoke with IBM's new director of research, Jake Mbata. We discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes.

Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the time? timeline of this technology. There will come a point when it will mature, right? My cell phone is a mature technology at this point. How far are we from that point with quantum? By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum.

Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. like I get a stomach egg every time that I eat and it just becomes like a lifestyle where oh yeah you know I just

I have a stomachache every day or I'm constantly feeling like gassy and all of those things are not something that generally if you have a healthy gut you should be living with so that's when we deep dive we deep dive into your medication we deep dive into your OTC medication and then at that point we can probably identify

something that we can change hear the full conversation plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, Oiraida, Silk, Capri-Sun, Bavarian

Meats, and Charmin. Then clip the offer in the app for Automation. automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in store or online for easy drive-up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Investers Edge with Gary Culper. And welcome once again to Investor's Edge. Thanks for being with us today. you having a good day. At the outset, we started off talking about the action in the market.

Two very good days, the last two days. We had two or three crummy days last week, but really good days to start this week. The emails we get from all of you, a lot of the why. A lot of it is why and I get it I get it news just giving you a little heads up on it have you noticed when you turn on your local news the first 10 or 15 minutes murder bad weather traffic accidents drownings have you ever noticed that do you know why they do that? I guess it sells. I guess it sells. Do you ever turn on your local news and the first thing out of the box is about a hero or a great teacher who won the state award for teacher of the year? No, that's safe for near the end of the news. What else do we get now? Well, we get a lot of

opinion. You know that, right? And the opinion, the job of the opinion people, is when their guy is running the joint, their guy or gal, to talk it up. When their guy or girl is not running the joint, it's to talk it down. You catch him where I'm going? Remember, we have no bias. We have no agenda. We have no ulterior motive. We think they all suck. They've proven it.

But we've also told you something else here. We've also told you something else. We have never been more optimistic on most of us. And I mean that. We mean that. we've never been more pessimistic on all of them and we mean that also but you know what we mean by us getting up in the morning to do better for ourselves and our family working hard educating ourselves doing whatever we can and i don't know if you read about these things but i do amazing medical

breakthroughs are going on right now. Medical advancements right now. Production advancements going on right now. I said to yesterday in the oil patch, some are saying that they make as much money at $42 oil as $80 oil because of new advancements. Technological advancements. Ladies and gentlemen, I try to tell my sons, you know, when I was a kid, I had the encyclopedia Britannica from my information and was a year old. Now you can Google anything, pretty much, anything, and learn anything. Languages. How to do this, how to do that.

History. and it's not just in words, it's in video. So when everybody, well, when a bunch of people talk things down, and believe me, there are boo birds out there on the market every day, God bless them. Maybe the market's telling you something different. We don't know. Typically, we find out later. We just watch the market.

And if it changes again, we'll let you know. early I said I'm surprised if you would have said to me six months ago all these things that have been going on I would have probably laughed at you why because you know it usually matters to markets it's earnings

it's sales it's the direction of interest rates and the like but it also likes if the economy is going to accelerate and earnings are going to be strong, which would bring valuations down. So I just wanted to do a few minutes on this because we know what you hear. We hear the same thing.

If I go on Twitter right now, there's a bunch of people that are saying, you've got to short the market. It's going to crash. Some of the brightest, smartest people are saying that. They've been saying it for months, and they'll be right one day. They weren't right today. They weren't right yesterday. So we'll keep doing what we're doing.

And it's pretty simple. With focus, pay attention to the markets and what they're telling us. And right now, since June 2nd, it's simply broadening out on the belief the economy is not going into the craft. and where it stops, we don't know, but we'll be ready. You all have a great evening drive carefully. When you get home, do like we do, quite simple. Make sure you hug your family, hug your children. You will feel better.

They will feel better. We promise. Thanks for joining us, everybody. Same time tomorrow. Peace out. I'll take care. Bye-bye. This has been Investors Edge with Gary Coltbaum on BizTalk.

To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU. APUS.edu.

Hey, it's Ryan Seacrest for Albertsin's and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, Oiraida, Silk, Capri-San, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in store or online for easy drive-up and go pick up or delivery.

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