Investor's Edge with Gary Kaltbaum - Bumps in the road! [12.09.2024]

Episode Date: December 9, 2024

https://garykaltbaum.com/

At CVS, it matters that we're not just in your community, but that we're part of it. It matters that we're here for you when you need us, day or night, and we want everyone to feel welcomed and rewarded. It matters that CVS is here to fill your prescriptions and here to fill your craving for a tasty and, yeah, healthy snack. At CBS, we're proud to serve your community because we believe where you get your medicine matters. So visit us at CVS.com or just come by your food. store. We can't wait to meet you. Store hours vary by location. 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 Colpom,

your host. A thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is December 9th. It is Monday. Do you know how I know it's Monday? Because I flew back on Sunday, which I do it just about every week now up from the northeast, the sea, the dad. That's how I know what day it is. Anyway, hope you had a good weekend as we head into the holiday season. Lots to talk about. Lots to cover. Serious talk on everything that affects you, the markets, the economy, your job, your industry, taxes, deficits, debt, doji, the new administration. The new administration, the old administration. By the way, do we even have a president and vice president now? Isn't that a good question? But that's for another day. 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 Twitter feed, which is now X. And if you don't follow us on X, go ahead and just put our name in. And if you'd like to email us, just be nice. No, really.

all you got to do is be nice because we're nice back. You may disagree with us a thousand percent. We'll be nice back to you. Unless you love Hamas, then we won't be so nice. I have a lot to cover. Normally, I don't even know what I'm going to talk about. Normally, I don't have a clue. I have an idea of the markets.

I know what's happening big in the news. But today I actually wrote down a few things that are of note. where do I start? Well, they caught the murderer of the CEO of the insurance division of United Health. By the way, Gary, what the hell does this have to do with me and my money? Oh, this has a lot to do with you and your money and the markets, ladies and gentlemen, because the outcome of that, don't ask me what's in people's brains. I never wanted to be Zigmund Freud by how anybody could be happy about.

about this man's murder, you'll have to live with yourself if that's one of you. Anyway, there are people out there that are happy he was murdered, think that United Health is nothing but a cheater, thief, corrupt, never pays off on the claims and all that. And I must tell you, I'm not taking a side on that except to tell you. Facts are, they are very high on the denial of claims. There's no doubt. but murder but how is it going to affect

well United Health dropped 60 bucks in two days it did bounce back up 13 today down 60 up 13 not a good formula but if you think about it will this change the plague field I can promise you by the way

it turns out this murderer looks like they're pretty much reporting he's an anti-capitalist doesn't like capitalism believes companies should I'd have profits, and guess what he just did? He's now going to put a lot of profits in the prison system because that's where he's going to be the rest of his life.

But I digress. If you think about it, if this goes front and center, and United Health has to, you know, come down on the number of the claims they deny. And there's a number out. I've read three different numbers. that they deny 30% of all claims, while somebody like a Kaiser Permanente in California

denies only 7%. And then I saw one that's at 41%. So who the hell knows what the number is, but supposedly they're high up there. So that can change the playing field for the industry. Overall, we'll end up getting front and center, I can promise you. What else? Hospitals could affect them.

And by the way, as you know, I got charged $26,000 for an overnight stay. And they put, I was an outpatient for $5,000 and I wasn't. $6,000 for the emergency room. I was in there for about eight minutes. And then when I claimed what the hell you're doing, you know what they did? They changed their billing. They changed the decks on the chairs on the deck of the Titanic on my bill. So there's no doubt

There's some issues out there And I think they're going to be addressed And if it comes out that they are going to have to be Less strict That's their profits That's their stock prices Just letting you know This is what we do on this show

And look I'm a big believer If they cover you They're supposed to cover you I don't know if you saw it was Anthem I believe last week they were going to change their anesthesia rule that if you were on the table being operated and went past a certain time limit, they would stop paying for the anesthesia after that certain time limit, even though you'd be dead. Guess what? There was a groundswell.

They changed their mind. So I think there could be a lot of that. So I think it's going to be imperative to watch health care stocks. and I'm not so sure I'd be wanting to invest in them as of this second. Why? Whenever in industries profits are being looked at, and just remember, they got a lot of their money out of Medicare and Medicaid,

that's government, that's your tax dollars, that could have a definitive effect, and we'll watch it closely. and again for this scumbag I can't believe there are people online oh he's so handsome what a great smile what I don't know what's a matter

thank God it's a minority of people and when I tell you these people parading for Hamas on the streets it's a minority of these people it really is but they get all the headlines unfortunately and of course then the other part of the equation, which will matter also. Also, yeah, also, the gentleman who took down the person who was threatening murder on the train was found innocent.

And of course, Black Lives Matters out, threatening whites. They got the head of Black Lives Matter, threatening whites, that we should go out there and get them. Isn't that great? Isn't that great? That's what's going on out there today, ladies and gentlemen. This is while the weekend I spent with my father and watching the news and like, what the hell is happening? Anyway, that was a little bit off the beaten path. Besides the fact the Mets signed Soto for, what was it, $760 billion? I mean, holy crap. I have to admit to you, I would. I wouldn't have done it. I don't think any one person is worth that much. Do you know he's going to make 50 million a year? I believe the whole Miami Marlins or the Florida Marlins 26 person roster is about 56 million. And of course it's the Mets. Well, we'll see how it plays out. I wouldn't, I wouldn't have done it. I think he's an unbelievably great player. I wouldn't have done it. Next, I wrote down Bitcoin. I want you to listen to me carefully.

I want to make some points. Again, I'm going to make some points here. They have no sales, they have no earnings. It's an inanimate object. There's no office. There's no product. There's no services. It's just been rising on people buying at a higher price than the next.

based on what the gurus of Bitcoin tell us. And I have yet to hear, even from the smartest, from the guy running micro strategy, why this thing would go to a million, or 13 million, as he said, or 49 million. Then again, I wouldn't have expected to gone to 100,000. The fact that it got to 100,000, because somebody paid 99, well, they're buying ETFs for it.

That's what's doing the trick. We're just letting you know we're going to play it, continue to play it on a technical basis. When it broke out of the eight-month trading range, we told you. When the initial move, another move happened 11 months ago, we told you. We're also telling you now, I want you to listen carefully. the bullishness is beyond the beyond. The thought process that nothing can go wrong is loud. In fact, very loud.

Up next, we'll explain the technical part. 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 888-4-22-55-9.

That's 8-8-5-59. That's 888-4-2-2-5-59. Investment Advisory Services offered through Call-Bomb Capital Management. Hello, hello. I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna, and I asked him, how can companies use AI to its fullest potential to create smarter business? My one advice to them, pick areas you can scale.

Don't pick the shiny little toys on the side. For example. If anybody has more than 10% of what they had for customer service 10 years ago, they're already five years behind. If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive, so we are not asking our clients to be the first experiment on it. We say, you can leverage what we did.

We're happy to bring out all our learnings, including what needs to change in the process, because the biggest change is not technology, is getting people to accept. that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. 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 stomachache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just 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 IHeartRadio. Listen now wherever you get your podcasts. Cashflow crunch.

OnDex's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses. without missing a beat. With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently. Apply today at on deck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. On Deck does not lend in North Dakota, all loans an amount subject to lender approval. 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, the noise is loud. You have acceptance from many on Wall Street that a year ago was saying it was crap. We're not making this up. And of course, the reasoning behind that is, oh, we can put out some ETFs and make money. There's now options on it.

I believe you. I think I saw it for I-B-I-T. Of course, the president to be is big on it, has a, what is it, a crypto czar, but there's only one problem. There's no earnings, there's no sales, there's no product, there's no service. It's just an inanimate object. and the last bare market saw it drop 75%. And there's nobody believes, at least from what I see out there, and believe me, I see nothing can go wrong. So we're just letting you know that part of the equation. The sentiment is beyond the beyond on an inanimate object.

Now, technically, the 100,000 mark has been rebuffed again. We are just letting you know. And what that means is it crossed above it, fell below, crossed above it again, and now is fallen below it again. This is how markets work. If it stays below and more and more people recognize that, it'll give impetus. for more selling. So I'm going to give you some levels to watch.

By the way, it closed at 95,700 after hitting 103,000? So I'm going to use the ETFs for you. The GBTC, a break below 74.35, a clean break

means it's worsening and the I-B-I-T we'll call it 535 holds above terrific below doesn't mean it's not in its

bullish phase anymore it just means there's going to be more work to do as it pulls back we will let you know if we think it's getting into big trouble we're not there yet but a word to the wise on micro strategy because micro strategy broke below the 21 day that

moving average today and the leverage in micro strategy it feels like four to five to one now four to five to one it'll get less as it moves more if it moves more to the downside but the leverage is there and I watched

the CEO Michael Saylor is his name God bless him made big bets and he's been right because you had a big move but I worry I do not believe

This is my opinion, and I would say it to his face. I do not believe doing convertibles at 0% and amazingly people buy them in order to buy more Bitcoin and issuing more debt in order to buy more Bitcoin, making you leverage more is a good thing. Leverage goes both ways. I will promise you that. that's the crypto Bitcoin and I know this my mother's

crypto names that have been moving up and down and I hear people talking about them be very careful be very very careful they came out

what do I say about 32,000 coins and probably 31,000 and something or at zero just be careful I heard somebody try to come out with a coin

and it dropped 90% the next day. I forgot who it was. A woman. Just be careful. We're not telling you what to do. We're telling you just know what you're getting yourself into. When you buy Walmart stock, you are buying a company that has 650 billion in revenues and makes a crap load of money and has a price earnings multiple versus its history. You got that? So we'll see. And buy. By the way, we are not telling you to not buy it. We're not telling you anything. We're just stating some facts.

Everything we said to you were facts. Just facts. That's how they're buying more and more Bitcoin by issuing debt and convertible bonds. And I'm not so sure that's a good thing. We'll see. I gave you some numbers that would break the 21-day move. average, as long as it holds good, if it doesn't, they can send it back down to the 50-day moving average, which is down there because of how strong the move has been. So there's your Bitcoin.

Next, China. So weeks ago, China announced, by the way, September, that they are going to backstop everything there because it's the economy's not doing great. The real estate market sucks. There's too much debt out there. That's Winston if you hear him in the background. And the stock went, the ETFs and the stocks went straight up and then came down from a high, early October to a low about two weeks ago and drifted a little bit higher in the last few days. overnight China, I don't think they announced anything else except they changed their verbiage. That's all.

They added a little bit of easier monetary policy. They didn't add anything new. Oh, but they yanked that sucker up. The FXI, the main exchange traded fund, was up 8% today on a gap. All the usual suspects were up nicely, though off the highs later in the day, but still up nicely. I have to tell you, I'm agnostic. Do you know why? Because this gaps up and down every day, and I don't know what tomorrow brings, except the last time it had that first gap, it romped for another week or so.

We'll see. Remember last week when I said to you, they were making fun of David Teper? the great hedge fund manager, billionaire, they're making fun of him because the China stocks were coming down because he made a big call on him. Well, they'll shut up now. Up next, we'll put a bow tie on the China and much more on these markets and whatever else.

I'm Gary. This is the one only investors edge. 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 Conton? 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 ache 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 IHeartRadio. Listen now wherever you get your podcasts. Cashflow Crunch. On Dex's small business line of credit gives your business immediate. access to funds, up to $200,000, right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat. With flexible draws, transparent pricing, and control over repayment, get funded quickly

and confidently. Apply today at on deck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. On Deck does not lend in North Dakota, all loans an amount subject to lender approval. 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 Coltbaum. It comes highly recommended. You're going to feel better if you talk to him. So what do we mean by a few two holdings, symbol F-U-T-U, hit a high of 105 today, up 22, finished up 1480, which is still big. But you had a bunch of pullback at the end of the day. But no biggie.

Again, the issue is you are weighing trouble versus trying to get out of trouble. The government is backstopping. They're loans to buy into the market, lower mortgage loan. You name it. They're trying to do it. But they're doing it for a reason. There's problems there. And I don't care what China reports on their GDP.

not so sure I believe it but through the years they've had a lot of debt I told you they built a lot of cities with nobody there and that went towards GDP massive amounts of debt so we're just letting you know I'm unclear unsure I was contemplating all day

should I just take a couple of percent of my assets and just to be in it and I said no I decided against it and they may gap it up again tomorrow, I just don't know. But we are letting you know what happened there because of what China said. We don't understand why it would be up so big. Off of really news that we already knew, let's see.

They're injecting 474 billion yuan yuan with reverse repos, whatever. whatever. They're changing their words to prudent monetary policy, from prudent monetary policy to moderately loose monetary policy. I get news for you. They ain't moderately loose. They are gargantuanely loose with their monetary policy all ready. So this is like, I don't get it, but it's not the news. It's how the markets react to the news. But we're just letting you know China. on the rest of the market, Ick, Dowdown 240, S&P 37, NASDAQ 123, NASDAQ 1081, downside. Advanced declines weren't so bad, but it was a rough day. Bitcoin got hit hard. Oil prices were up, yields were up. Other strength today, gold, gapped up big today, but fell back towards the end of the day. I would just call gold, how would I put it?

I'm not that impressed. Let's call it range bound with a little bias to the downside. The gold miners bounced a little bit today, but did not finish that well. So not impressed. What has my interest more, just letting you know, they came after a bunch of leading growth names today. top of the crypto. Doesn't have to be end of world,

but I have been trained when leading growth names start to get a little bit of trouble or more than a little bit. It's just to keep your eyes open, your ears open, type of thing. So just letting you know. Netflix down $22,

Axon down 45, app-loving, arguably the number one stock down $59 today. Kava, one of the strong restaurants, down $18 bucks today, 12% on big volume. That is not Aunt Mary and Uncle Bob selling.

And I can run down a list of others, but for brevity, that's just a little bit of it. The other thing I noticed today, and I didn't see any news, but the building slash construction stocks were scorched today. These are things that air conditioning and heating for commercial and residential, that type of stuff, got scorched today. And I mean scorched to the point, I took like 15 names off my front screen and moved them on to my left screen today.

United Rentals, for me, the second most important, economically sensitive name, down $23, only 2.7%, but it's what it looks like. Ecky. Icky's a word in my book. Let me continue. I noticed, you know how we've been talking about the big banks? They gapped up on the election, sat around,

try to make another move, fell back. Well, the ETFs, the XLF and the KBWB, took out today to the downside, that 21-day moving average we were telling you about the Bitcoin. And again, in itself, it's not a big deal. Because in bullish phases, it's really the 50-day, moving average that matters most. But since that 21 day moving average held a couple of times, the fact that it finally broke it could be meaningful. So the financials, big banks,

had a little bit of a rough day today. We'll see. Insurance. Last week, we warned you. Yeah, it was a little warning about insurance stocks. if United Health and them, what about all the insurance? They had a rough day again today also. In fact, as I did my screens, I found a bunch of insurance stocks breaking near-term, if not a little more, support areas. So we'll call it some deterioration, nothing bad, nothing of what I would call end of the world, but we'll be paying attention.

Fair enough. Lastly, the most asked about stock of the year, NVIDIA, still giving it up a little bit, down three and a half today. Closed at 13890, right at the 50-day moving average, where it held middle of the week before last. A break below there, not good. Doesn't mean the end of the world, but cannot ascend. So Bulls would like to really see it hold here.

What's holding it back right now? It's had a big run. In fact, the stock is down from June now. It's down from June. You may not know that. By the way, with 100% earnings growth and 95% revenue growth. Again, because it's had that big move. And we'll let you know if it gets defended.

and we'll let you know if it gags more. And of course, you get to decide. They bounced a little bit of the managed care as we mentioned United Health. Oh, the drug stocks. We warned you about them too. We just wonder about drug stocks. Why?

This Kennedy guy. By the way, I'm no fan of his at all. I'm not going to say at all. I'm not a fan of his. We'll just say that. I don't like when somebody looks you straight into the camera and says, I never said that, but you got video of him saying it, and that is him blasting vaccines. Just tell me the truth.

Kamala Harris lost the election in part because. Just tell us who you are. Instead, she changed her whole persona into some moderate when she's been lefty, lefty left our whole life. Just tell us. tell us the truth I guess that's hard for some people we'll see how it plays out but just letting you know we think drugs

biotech and some of these other things are in the crosshairs right now so definitive jello moving on the plate ladies and gentlemen definitive and if anything changes we'll let you know but a very icky type day

leading stocks crypto financials, just blah overall. But China very strong as the government stepping in even more with words. I don't think they added much.

They added a few more bucks, yuan's. And that's the story of the day. After the radio show, I'm going to scan, figure out what else the hell is going on, close our eyes hold our nose and pray. It'll be a not a big earnings week, but there's a few things that matter. Oracle after the close, and I got it down about 6%. That all said, up next. News of the day,

whatever else, I'm Gary. This is the one only investors edge. 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 Conton? 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 ache 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. On Deck is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, OnDex loans up to $400,000 make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews, OnDec delivers funding you can count on. Apply in minutes at OnDec.com. Depending on certain loan attributes, your business loan may be issued by On-Dec or Celtic Bank.

On-Dec does not lend in North Dakota all loans and amounts subject to lender approval. You're listening to. What do we wait for? Well, what are you waiting for? One. Ready, go. Investors Edge with Gary Culpa.

And welcome once again to Investor's Edge. Yeah, so the guy who murdered this man in New York City, his name is Luigi Mangione, an anti-capitalist Ivy League graduate. He had a 3D printed ghost gun, a gun silencer, a manifesto in four fake IDs.

in his manifesto said these parasites had it coming I do apologize for any strife and trauma but it had to be done I say you let him out in the yard and see what has to be done I give no quarter to these people he says he doesn't like he does not like corporations making profits so let's shoot the guy dead

Let me tell you. If that was my father that he shot, they better not be perp walking this guy. That's all I can tell you. That was his answer. Kill. He attended the University of Pennsylvania. He graduated valedictorian from a private school in Baltimore where tuition was $40,000 a year. In other words, the freaking moron had everything going from, and the decision making was,

I'm going to kill somebody. in the news. I watched closely President Trump's interview with another journalistic hack on Meet the Press and just another biased hack. And what I mean that is

she will question one side and follow up if she doesn't like the answer but the other side can lie about everything and she won't say a word. Anyway, a few things in that interview were interesting.

Number one of Trump saying there will be no retribution, there will be no going after people, good because they've been blaming them for that. I am really not a fan of pardoning January 6 people in general. I think there could be some that were giving sentences that were more than enough and doing something about that, but those people, and I may get some flack on this, just go look what they did. Don't even pay attention to me. Just go look at some of the videos and the threatening of lives.

If the guy on the train who threatened people's lives and this guy, Penny, save them, then what about them on January 6th threatening lives? They threatened Mike Pence's life. that he had a run for the hills with Secret Service. So I'm not a big fan of that. But I will tell you what I liked. I liked his demeanor. His demeanor. More presidential.

It's what I want to see. It goes a long way when you're president to be presidential. I was not a fan that he said that the election was rigged again in 2020. Not a fan at all. Now, if he wants to say, Social media and the media rigged it against them. Fine, but not the votes. It's been found out that the votes were correct.

Dinesh D'Souza's movie. Dinesh apologized for. Oops. We were wrong. Duh. But again, I like the demeanor. If I was Trump now, I'd be charming as all hell to everyone. You got the power, you got the House, you got the Senate.

Now do what you say you're going to do. And he answered the questions the way he wants her. You may disagree with them, but I think he was very good and to the point on immigration. And he's right. He's right on immigration. By the way, try getting into Mexico or Canada. Just letting you know, we need some control. Bring all the immigration.

rent you want. Control and vetted. What a concept. Controlled immigration and people are vetted. How logical is that versus the illogical of Joe Biden and his open borders? So we'll see how it plays out. I don't agree with all his nominations. I do agree with some. Actually, I do agree with a lot of them. I think they got some real good people. I love the doji, and we'll see what the outcome is. If they can make government efficient and effective, and make every dollar count and get us back on a good plane, I'd be thrilled, as I have stated to you,

we could not continue the trajectory of Biden Harris. I am so thrilled that she is gone. I cannot begin to tell you. She would have hamstrung us for ages with their massive debt, deficits, spending, control, reach, and taxes to cover. She was going to come after the wealth of this kind of, to pay for their nonsense. Fingers crossed this man in his administration, get that job done.

I must tell you, it shouldn't be hard. It should be easy. There's so much corruption and waste and fraud and overcharging and fluff, I think you can knock a trillion down before you say boo. they still haven't called. Hey, that all said, you have a great week. You have a great tonight. 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. You will feel better. And if you have an elderly parent, take care of them, baby. That's what we're doing. The Colbaum family's doing.

Have a great one, everybody. And thanks for all the condolences. Good night, all. Bye-bye. This has been Investor's Edge with Gary Carl 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. Guys, it's no use putting it off. The best time for an underwear refresh is 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.