Investor's Edge with Gary Kaltbaum - Bondi Beach [12.15.2025]
Episode Date: December 15, 2025https://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 Bi...zTalkPodcasts, 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.
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Investor's Edge with Gary Cultbaum.
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 Colbom, your host.
A thanks for being with us today.
Glad you're here.
Happy that you are listening.
It is Monday, December 15th, 2025.
Hope you had a good weekend.
Happy Hanukkah to those who celebrate.
We celebrate here in the Coltbaum household, but not a lot of celebration at this moment.
I'm going to be a little bit on the personal side at the beginning of our show today.
There are many of you have been listening to our show for a very long time.
We've had a lot of stations come and go.
We have a pretty good audience podcast-wise.
We're going to be marketing a hell out of it going forward.
As you know, it's been a very rough year for the family.
As much as the parents live into their 90s, which is amazing.
And the fact that we've had so many of their friends and relatives that passed away so far before.
my parents. So we said to you that we are relieved and heartbroken at the same time and you all
understood because at the end it was very, very tough. And I can tell you it's been about a year
for the mom. It has not been a year. It has not been a year for the dad. And you just don't forget.
It stays with you
Everything reminds you of
But you wake up every morning
And you do your thing
For lack of a better way of putting it
But there are other things
That we have going in our lives
On the joyous side
Became a grandparent
And just have a terrific family
we love what we do
the Fox News
Fox business people have been wonderful
to me and my family throughout the years
and are amazed they continue
to resign me
but we all get affected by the things
that matter to us right
that matter to us
and I have to tell you
as a Jew, I didn't know enough until I visited Israel the first time and found out all the
bull crap and all the lies about the country and the people there.
And we've talked about that many times.
And then October 7th came and we were so heartbroken at what happened.
and we are sick over all death, all unnecessary death,
whether it's race, creed, or color, gender, denomination, but it hit.
But then they stomped on our heads.
The media would quote Hamas on the deaths in Gaza.
imagine quoting the people that committed murder, rape, and kidnapping of babies all the way up to elderly in the most vicious vile way possible and the media is quoting them.
And then you have the colleges where the people running the colleges allowed others to threaten lives of students on the colleges and these ass clowns who ran the colleges,
up on Capitol Hill when they're asked about it.
Well, it depends on the context.
I wanted to stick my foot through the TV and kick them through the teeth.
And we've watched for a couple of years as people are tearing down pictures of babies that are hostages that are in the streets yelling for the death of Jews just because they're Jewish.
just because, just because.
And then we watch videos.
As you know, we watch videos.
And for the past year or two, I've been watching Australia,
video after video of people in the streets calling for the death of Jews.
And the government doesn't do a freaking thing about it.
I look at videos in Canada and places like Toronto,
people calling for the death of Jews, and the government doesn't do a freaking thing about it.
In France, that is now overrun in other countries in Europe and not a freaking thing's done about it.
And then the murders of from a 10-year-old to a Holocaust survivor on Bondi Beach in Australia,
in a celebration of Hanukkah.
Two pricks, a father and son.
One hopefully is in hell burning like hell,
and the other one in a hospital,
hopefully in lots of pain,
because they were Jewish.
And even more heartbreak.
Some showed up today to celebrate the death
and are happy about it.
And, you know, we always say to you on this show,
Tick, Tact, Toe.
You can't debate these people,
so you don't even talk to them.
And I've watched video of people trying to even reason with them,
and they curse you out and just say,
death, death, death.
And you think what's in the minds of these people.
And you're back to Tic, Tacto.
And a couple of months back, I was at a bar mitzvah in New York City.
Two people packing security, and I'm pretty sure there was one plain close at a temple.
They destroyed a big temple in Australia a while back.
They did nothing.
The head of Australia was warned about it.
You know what he did after this happened?
Not only does he say anti-Semitism, white supremacy,
meaning Jews.
They're stopping the New Year's and Christmas celebrations in Germany and France, in Paris.
Ain't because of the Jews!
So I have to tell you, I'm heartbroken on two fronts.
The murders, the reactions.
Fortunately, the pricks, the scumbags are in the minority.
Unfortunately, they're,
they're out front and center.
We'll wait to see what some of these governments are going to do about the threats.
Today in New York City, there's videos of people calling for the death of America.
By the way, they're not just after Jews.
They're after all Western culture.
They want to take over.
We're heartbroken.
for those that lost lives, the families,
and everything else that now comes with it.
The good man, a Muslim who saved the day in Australia,
in the hospital with two bullet wounds.
A Muslim, by the way.
As we have stated, you know what these extreme scumbags do to their own people?
Hurt their own.
Oh, by the way, on October 7th, Muslims were killed.
It's been a rough day.
It's been a rough year.
But I have to tell you, before we get into the markets,
there's actually a little bit more.
Those that know me know, I'm a big professional wrestling fan.
Those that know me know, and I don't pretend.
I've been watching General Hospital since 1978.
Those that know me know my favorite show of all time is all in the family.
And in one fell swoop, Rob Reiner is murdered by his son,
and Tony Geary, Luke Spencer of General Hospital, passes away.
Up next, we'll put a bow tie on it, hit the markets and everything else.
This is the one to only investors edge.
Hi, I'm Gary Kalbaum, hosted a nationally syndicate,
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 complementary portfolio
review. The number to call is 888-4-22-5559. That's 8-8-5-5-9. That's 888-4-5-9. Investment Advisory
Services offered through call-bomb capital management.
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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, my family's favorite show was all in the family.
We watched it every week.
I've been watching ever since.
They have it on once a week on this channel here.
They put three shows together.
I don't miss them.
And of course, Michael Stivick, Rob Reiner,
murdered by his son
and the stories will come out
and by the way and his wife also
in Brentwood, California
it hit me
I was just watching this week
I was watching also a video
with the Sammy Davis Jr.
and Carol O'Connor
it hit me
it was such a part of my life
and then
earlier today Tony Geary
Luke Spencer, probably the greatest soap actor, most famous of all time, passed away.
I believe it was 76 or 77.
He lived in the Netherlands.
By the way, he was married to a man for 30 years.
Nobody knew that.
I had an idea.
And I guess he had some surgery and complications after, and he passed away.
And I'm just thinking to myself, two huge parts of my life.
and top of my parents.
And I know my wonderful dog Winston, who's sitting right here, who's 13 in change,
my big-time cancer dog, who they told me three years ago at six months, not so sure how long that is.
So I didn't know Rob Reiner.
I never met Tony Geary, but man, you all know how I feel right.
we all have our favorites
Arnold Palmer when he passed away
was a rough day for me was my idol
Dusty Rhodes the wrestler was my idol
I used to jump off my parents
dresser onto the bed with a bionic elbow
imitating Dusty Rhodes when I was a kid
this whole weekend into today
you just take a step back
and you just ask yourself
are you making something of your life?
Are you doing good things?
Are you working hard?
You're trying.
You're never going to succeed all the time,
but are you really trying the best you can?
That's all I'm thinking about.
Am I a good husband, a good father?
All these things come to a head all at once.
People I don't even know passing, murdered,
Jews, the Jewish thing.
I don't drink.
I'm on three drinks this year, by the way.
Beating last year, that was five.
I'll beat five this year because I'm going to be in the city
and I'm going to take my son to, I'll be there for Christmas.
Have a nice dinner.
I'm just letting you all know how I felt today.
Hope you don't mind.
And we're just letting you know from my family to yours, we're wishing you all the best.
We're wishing you good health, good happiness, and the best of everything.
I'm almost in a speechless thought process today trying to put everything together.
First thing I did when I saw what happened on Bondi Beach.
I thought it was Bondi Beach.
it's Bondi.
I got a hold of my rabbi to see if he was doing okay.
All right, kids, we move on.
Hey, let's do the market, right?
All right, a few things of note.
Nothing's changed.
There's been a real changing of the guard.
I'm very worried about the artificial intelligence trade
and all that comes with it.
on two or three different notes.
Number one, how over-owned, over-loved, and over-leverage the trade is.
Number two, how the analyst community hold onto it,
even when something's down 50, 60, 70%.
Number three, I call it actuality.
I ask myself questions all the time.
If things were great, how is Oracle gone from 345 to 185 on the prediction of monstrous numbers?
And why is their debt dropping and the price for the credit default swaps, which is insurance for that debt, rising in price?
And that's Oracle.
This is no fly-by-night. This is not one of those no sales companies.
Corweave. Why is that down 60 some odd percent? They've told us it's the end-all be-all.
And their bonds are getting hit. And then a craplode of other names supposedly having to do with
artificial intelligence. Getting smoked. Broadcom the latest. Broadcom was down another $20 today.
Broadcom has gone from earnings
406 to 339 off of earnings
and as you know
how important is reaction to earnings to us here
it's everything
and they actually reported good numbers
but the market's looking at
some things we have been talking about
here.
And that is
why are these
stocks getting hit with such gargantuan
predictions?
And what about this circular
trade?
Hey, I'm going to invest with you.
You're going to take that money and buy my stuff.
And we're just
wondering if the market...
Well, we're not even wondering.
We know.
The market is
selling it down.
And I'm not,
I think this is very important.
I have to tell you personally, we own no technology stocks.
None.
We still have a little semiconductor component.
We're still up on it, but I'm not so sure we're going to stick with it.
They just got Broadcom.
Up next.
What else are they getting?
And what's good?
This is the one only investor's edge.
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That's Tommyjohn.com, code comfort.
Tommy John.
Comfort perfected.
message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits
you expect, like a $300 annual Capital One travel credit for less than you expect.
Elevate your earn with unlimited double miles on every purchase, bringing you one step
closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide.
The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change.
See Capital One.com for details.
This episode is brought to you by Spreaker, the platform responsible for a rapidly spreading condition known as podcast brain.
Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio.
If this sounds familiar, you're probably already a podcaster.
The good news is Spreaker makes the whole process simple.
You record your show, upload it once, and Spreaker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen app.
your cousin's swears are the next big thing.
Even better, Spreaker helps you monetize your show with ads,
meaning your podcast might someday pay for, well, more microphones.
Start your show today at spreeker.com.
Sprinker, because if you're going to talk to yourself for an hour,
you might as well publish it.
You'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 talk to him.
So, we just asked questions.
Wise Oracle crashing on big numbers.
Broadcom on good numbers.
Just getting belted.
Arm holdings.
Crushed.
AMD.
Breaking down.
Taiwan Semiconductor breaking the 50 day today.
These are all artificial intelligence.
Cretto, blasted.
Corweave.
circle internet, whatever the hell that's called.
Super micro, destroyed.
We were all told these are all artificial intelligence plays.
Microsoft, very weak.
Nvidia holding onto the ledge.
So today the Dow is only down 41, but the NASDAQ 137, NASDAQ 100, 129.
By the way, we don't own the cues.
We bought the cues right when we bought the spies,
late April, we're still in the spies, we don't own the cues. Why? Just everything we're telling you. So we're wary. And not to mention, they're busting down the software. Software security like CrowdStrike, Z-scale Palo Alto networks blasted. Netflix and Spotify blasted. Softbank, hit, Uber and Lyft.
Kicked in the teeth.
Do you know how many analysts have been bullish on Uber?
All of them.
Lesser names on our left screen.
Service now down $100 today.
Workday near New Yearly Lows.
HubSpot near New Yearly lows.
They're all of note.
Also, we warned you about the no-sale stuff.
They're cramming them.
we've told you
that's nuclear
quantum drones
rare earth
crypto mining
speaking of crypto
blasted again today
led my micro
strategy
which we warned you about
it's gone from 457 to 162
down another 14 today
and the CEOs on TV
all everything's fine
Imagine your stock since July is down 457.
That's 200.
650.
I'm adding up the numbers, by the way.
Oh, that's 300.
My bad.
300 on 457.
Down 68% since July and you're on TV telling everybody everything's okay.
Oh, by the way.
You know what your business is?
We buy Bitcoin.
So we're just warning you on these areas.
They worsen today.
And you should be careful.
I'm not seeing much good.
On the other end.
Small caps and midcaps.
They were down today.
But pretty decent relative strength.
We'll let you know if they break them down.
The big banks, great relative strength.
The regional's.
fine European banks
foreign banks good shape
Eli Lilly after dropping 10 days in a row
nice
booking holdings and Expedia
Expedia is near new yearly highs good
retail I don't have much complaint
there's still plenty of retail in bare markets
but I gotta tell you
American Eagle outfitters boot barn
Five Below Ralph Lauren
Raw stores Tj Max urban outfitters
Dollar Tree Dollar General
Tapestry
Victoria's secrets
Finally got it right
They're all acting pretty good
Don't know if they have the earnings power or the umph
But they're acting fine
Better action in the
Transports
Insurance stocks
These are all areas we would tell you
To avoid for a long while
Changing of the Guard going on
And I got to tell you
We were taught by O'Neill years ago
go when they come after the big growth names look out so far they're coming after the big growth
names but the market has floated elsewhere may I state for the record it better keep floating
elsewhere because technology's on the iffy side now and if they take nVIDIA out of the below
170 it'll worsen that's not a prediction it's an if
What else?
Japan, their new yearly highs, but China breaking down.
Huh, interesting.
China stocks really breaking down, especially the higher beta ones.
Go look at the FXI versus the K-W-E-B.
You'll see what we're seeing.
Alibaba on the verge of J-D and F-U-T-U smoked.
So we're just letting you know
A lot of jello moving on the plate
Gold
Silver stronger than gold
Actually much stronger than gold right now
But gold fine
Gold miner's fine
See what we're doing here
Very very split and mixed tape
I must tell you
I wish it was the other way around
I would rather have
have the growth leading and the stuff lagging. Right now it is the opposite as we head into
what's supposed to be seasonally strong. Well maybe it'll be seasonally strong for some areas,
certainly not for others. Ten year yield down point one, two, was down point three two. We do not
want to see the 10-year move above 4.2% ladies and gentlemen. Just letting you know, we like
calm and quiet yields. We love calm and quiet oil prices, which by the way, again, we're down
today because of we're hearing Russian Ukraine may come to something. Don't know if that's going
occur. Don't know if Ukraine is going to give up land. They shouldn't. Imagine being attacked
and then given up and given up land. That's nuts. But we don't run the joint. And I do believe
the president's putting pressure on Mr. Zelensky. So we're going to be watching oil
prices and watching yields very, very closely. So that's a little. So that's a little bit.
little bit of market today, advanced declines not good on the NASDAQ, flat on the New York,
a lot of new yearly lows on the NASDAQ kids. Much better tone on the New York because, as I've said,
got a little changing of the guard. Got a little changing of the guard. We're going to be very
focused in the days ahead. This ain't no hill for a climber underneath the surface. A lot of damage being
done in some very favored names.
And again, over-owned, over-leveraged, looks like they were over-priced.
And institutions are voting not the right way.
And as always, if anything changes, we'll let you know.
But my screen is beat red in the growth.
slash tech arena and this is unfortunate we have economic numbers this week we had to wait for it
I believe we have some job numbers some other crap coming out but that's all past not
sweating it market looks forward and we'll see how it plays out we're just a little bit
more close to the vest and a little more lower beta and even some of the strongest stuff
what we tell you Friday. Some of those things were down 40 and 50 points on Friday.
They bounced a little bit today, but not enough. Up next. Other news of the day,
this is the one only investor's edge. It's no use putting it off. The best
Time for an underwear refreshes now.
Tommy John underwear is designed for a perfect fit that stays put all day.
Their zero-chafe thanks to four times more stretch than competing brands.
And their innovative horizontal quick draw fly is a game changer.
With over 30 million pairs sold, there are thousands of men out there more comfortable than you.
Don't settle for less.
Go to Tommyjohn.com today for 25% off your first order with Code Comfort.
That's Tommyjohn.com code comfort.
Tommy John.
Comfort perfected.
This message is brought to you by the Capital One Venture X card.
Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect.
Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination.
Plus, enjoy access to over 1,000 airport lounges worldwide.
The Capital One Venture X card.
What's in your wallet?
Terms apply.
Lounge access is subject to change.
See Capital One.com for details.
This episode is brought to you by Spreker.
The platform responsible for a rapidly spreading condition known as podcast brain.
Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives,
and saying things like, sorry, I can't talk right now, I'm editing audio.
If this sounds familiar, you're probably already a podcaster.
The good news is Spreaker makes the whole process simple.
You record your show, upload it once, and Spreaker distributes it everywhere people listen.
Apple Podcasts, Spotify, and about a dozen apps your cousin's swears are the next big thing.
Even better, Spreaker helps you monetize your show with ads, meaning your podcast might
someday pay for, well, more microphones.
Start your show today at spreeker.com.
Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it.
You're listening to.
What are we waiting for?
Well, what are you waiting for?
One, two, ready, go.
Action!
Investors Edge with Gary Colpaw.
And welcome once again to Investors Edge.
Thanks for indulging me at the beginning of the show.
In other news, my father, in case you don't know, was a retail genius.
He ended up running all the NBC stores at one time, was big at Woolworth, started at the very bottom and worked his way up.
And in the midst of everything was fine, my father said to me, this is years ago,
if Sears doesn't fix things up and start listening to their consumers,
they are going to go the way of the dodo bird.
He once told me that.
He said their merchandising was wrong.
How they presented things was ridiculous.
And they never ever had a good focus on who was their actual consumer, that the category
killers would come in and blow their doors off.
Sears, once the largest retail in the United States, is now down to just five locations.
It marks a near total collapse for the century-old retail giant that once ruled America's malls.
And before that pioneered, the mail order catalog founded in 1892, Sears operating.
3,500 stores at its peak, a high point that came after was bought for $11 billion by Kmart in 2005, Kmart.
Who screwed that place up? Oh, Eddie Lampert. Go look that one up. Go look up Eddie Lampert as he took over Kmart.
Anyway, only five left. They filed for bankruptcy in 18. They have five locations.
one in California, one in Texas, one in Massachusetts.
They have two in Florida.
I have no idea where.
They used to have one in the mall where I lived and no more.
Interesting, huh?
Isn't it interesting how a Kmart sells the same things as Walmart and Kmart goes by,
by Walmart is thriving?
Interesting how that works, huh?
You focus on your client.
when you stop focusing on your client,
you're going to be in trouble.
And I saw that and I remembered my father
because he told me that.
And I don't remember the explanation.
He goes, go into the store
and you will see a hodgepodge
and not understand who they're selling to.
And I believe he said something.
imagine you walked into a candy store and they're trying to sell you sneakers.
They could never figure it out.
Hey, in the news article, Trump insists tariffs will buoy the economy, but now he's on damage control.
We had told you the tariffs are hurting the economy.
And unfortunately, the president's messaging is all over the moment.
map now on tariffs.
They're going to bring in trillions.
Oh, but we're going to have to lower them.
We have to get rid of those tariffs.
Oh, but we have to pay off the farmers.
I'd be a great advisor to the president if he would listen to me.
In the news, hey, we really want to thank the New York Times.
Finally discovering the Biden border crisis, they never
wrote about it for three and a half years.
But now there's
a 4,000-word story by
somebody at the New York Times with
14 colleagues contributing additional
reporting and research
and it's very well-sourced
and you know what it talks about. Everything
we told you for three and a half years
we trust
the media
not.
In a stupid move
by this administration,
they are looking to propose
not sure it's been put into gear.
Force tourists to the United States
to hand over five years of social media history
before they can enter this country.
In case you don't know, tourism is very much down
already because of immigration.
But this, well, let me tell you what happens.
Number one, this country will get the middle finger
from many foreigners thinking about coming here.
You know what the other part of the equation is?
They may do the same to us.
And do you know what pain in the arse that would be?
Five years of social media?
Now, I can understand.
I get it.
Control the border.
Be careful about who comes in.
Stop!
I don't know if you know if the president already put a ban
on people emigrating here from what is about eight or nine
African countries recently? Did you see that?
He put a ban.
The day of the murder, he put a ban on.
I disagree with that too.
I'm not into the blanket policy.
But I don't run the joint.
Anyway, stupid idea.
I don't know if it's going to be put in place.
I know they're putting it out there.
Kind of like the 50-year mortgage, which went by the dodo bird.
In other news, did you know there was a bull market in sneakers?
I really didn't.
Well, just letting you know the sneaker market is crashing also now.
We're seeing the watch market, you know, these expensive watches, the prices are crashing.
Do you know there's some sneakers that were selling for two grand?
Anyway, they're like 800 now and then six.
You get the point.
There's a bunch of that going on.
Ladies and gentlemen, be careful about price.
Bubbles are bad if you're buying on the highs.
Hey, that all said, happy Hanukkah.
You have a great evening.
Drive carefully.
And when you get home, do like we do.
Quite simple.
Make sure you hug your family and hug your children.
They will feel better.
You will feel better.
I promise stay well, be well.
We're thinking of you.
Peace out.
All good night.
This has been Investors' 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 GaryKK.com.
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