Investor's Edge with Gary Kaltbaum - Changing week in review [06.26.2026]

Episode Date: June 26, 2026

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Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Coltbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum, your host. A thanks of being with us today. Glad you here, ladies and gentlemen. Happy that you are listening.

It's Friday 26th, June, 2006. Hope you're having a good day. Weekends coming up next week, July 4th. 250th birthday. I will be up in the city. You know, I'm a Mets fan, but the Mets are out of town, so I'm going to go to the Yankee game that Friday night. Saturday going out to in-laws.

Is that what I'm doing? Right. Oh, and Sunday is my grandson's second birthday. That'll be next Sunday. And then we fly back to Florida. Hey, ladies and gentlemen, listen up listen carefully changes afoot in the last couple of days we've been talking to you about how health care has come on and medicals housing and housing related some of the travel related

because oil prices keep going down i think we even mentioned the consumer staples, but there's more, and you should be listening. This is Investor's Edge. Serious talk on everything that affects you. We'll do the market, the economy, your job, your industry, all the crazy crap that's going on in D.C., communists taken over, stupid moronic, imbecilic ideas being put into place, and whatever else.

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I think there is every chance that the semiconductor AI and all that crap has topped. You got that? I think there's every chance that the move since April 8th has hit the moment.

Inclusive of that is artificial intelligence. And we'll see how it goes. I say that because I'm seeing it. Simple as that. Every dog has its day and every now and then hits a wall. There'll be some names that are stronger than others, some names that will hold up better, some names that go by the way,

side and when we say go by the wayside it means they have broken support levels or that big juicy 50 day moving average we'll keep your breast if you own we're not going to tell you to sell we're going to say to you you may want to review it and anything that has taken out the 50 day should be a big review and how we measure this is i have about 100 semiconductor stocks on my screen. More than a week ago, I had not won. I take that back. I believe I had one. PLAB that broke badly because that was three or four weeks ago when it gapped down on earnings. And then the next one and the next one and the next one and the next one and the next one. and then I get to measure what's the importance of this one.

Like today, analog devices, not an unimportant name, completely cracked the 50-day moving average on volume. How about Tower Semai held the 50-day, but pretty much has a good top in there. if it breaks the 50 day, Monolithic power, MPWR, broke it three days ago and worsened today. And my list has gotten bigger.

Rambus, NXP semiconductor broke today. Microchip broke today. Air test, A-E-H-R. a little bit of the break today. The strongest names coming in. And all I can say is it feels like that last move up into Monday was the last move up for now. we have no idea how bad it gets, how far it goes.

We just have a pretty good inkling that it's got some work to do now. This also goes for a lot of artificial intelligence plays. The memory, the data, the data storage, I think they've all put in near term tops. gate today was down a hundred and twenty five bucks 12 percent western on double average volume Western Digital down 13 percent today on double average volume we hadn't seen that before we'll do our scans over the weekend get a better feel but I think on a scale of one to ten we're an eight on a surety on that so you may just I would just I would

say, probably don't want to do new commitments unless you're a trader. And what do we mean by that? Well, I mean, Western Digital was down 90 bucks today. Who's to say it's not going to bounce 20, 30 bucks Monday and Tuesday before returning to the downside? So I just want to start with that. And again, it's also some of the artificial intelligence plays. I can tell you today, symbol B-E. It's been one of those plays, down 56 bucks today. By the way, was 350 yesterday morning, closed the 253 today. That's B-E. I'm just picking out a couple. L-I-T-E, below the 50-day now. And I can go on. And again, it's, it's. That's not everything.

Some are going to be stronger than others. Some are going to buck the trend. That's how it works. We're just letting you know as a whole. We think we got a moment. Oh, Texas Instruments also with analog devices today. By the way, those two kind to go hand in hand. There are some that held up pretty damn well.

Taiwan Semiconductor was down like 20-something today, finished down only two. We'll recognize that and stay on top of it. And that's how we're going to do it. And if anything changes, we'll let you know. But what's the outcome of that? Well, let me tell you a few things. Number one, a lot of these stocks have moved on what is known as the spend. You know what the spend is?

What those big companies are going to spend. And that's why they all went up. Well, you know what happened this week? Apple's raising prices because of the cost of that memory that was caused by the spend. Up next, who else is raising prices and outcomes? This is the one only investor's edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people.

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programming with Gary Coltbaum. It doesn't get better than this. And welcome once again to Investor's Edge. And in different areas for the artificial intelligence, um, fix. It's been a strong name. down 163 bucks today. That's what we mean. It's going to get interesting. Outcome. Well, there's talk of these companies' stocks that have been killed because of how much they're going to spend and the expenses and the debt and stuff like that is possibly they'll pull back. And recently, you have had a collapsing software industry in the stock market, absolutely destroyed. In fact, I read off to you, I believe I read off to you guys yesterday, Microsoft went from 466 down to 350 in three weeks in change. That's Microsoft, a mega cap.

um oracle uh 250 to 149 this just in the last three weeks SAP 200 down to 150

these are the bigger names Salesforce.com how about 211 down to 150 again three weeks they probably, this is probably, hit a moment the other way.

Number one, they were viciously sold off, viciously oversold, and extended to the downside. The opposite of the overbought and extended to the upside of the semis and the AI. Microsoft today Led the charge Up 20, up almost 6% on more than double average volume And the rest went up Adobe up 9

Salesforce 8 SAP 7 Interesting enough, Oracle was down 3 Huh But I believe I had said to you there are one group of software stocks that was strong, and that was software security. CrowdStrike, Fortinet, Palo Alto Networks,

and a couple of others away from that. One was Datadog, D-D-O-G, another one was Octa. And by the way, Octa is software. security and the other one was Snowflake. These stocks all gapped up recently and just came down in the last three weeks with the whole group. CrowdStrike up 18 today. Well, let me give you a percentage. Crouch strike was up 3% today. Data Dog was up 8% today. Frog, that's the symbol, J-Frog, up 11% today. Fortunet, only a percent,

OKTA, 4%, Palo Alto, 3 and almost 4, and Snowflake up 9. Why does it stand out? Because the NASDAQ was down 60 and the NASDAQ 100 was down 322. My software screen that has been beat red is Irish green today,

except for Oracle, and a couple of others. The worst names, the stocks that have been brutally destroyed, had good days today. HubSpot, one of them. 8%. Intuit, let's call that 5%. App Loven, let's call that 6, 7%. Now remember, these stocks have been destroyed.

Bludgeoned. Typically, when a turn comes in a green, group. The things that were strong usually start to move out. Those names I mentioned at the outset, I don't have one at new highs except Fortinette, but that didn't do much today. For software security, there is a symbol bug, B-U-G, and it looks just like the software security stocks. I am going to be harping on them going into next week. Just letting you know. Why was the NASDAQ 100 down 322 today, though?

It is because, as we stated to you, the NASDAQ 100 major influence from those eight names. But it's become much more of the semis and the artificial intelligence plays. And they got whacked today. Wacked. Percentage-wise, micron-o-7. Sand-disk. 10-5. The socks today, down 5.5%.

That's what did it. So the influence on them on the indices has picked up, and that's what did the trick. The NASDAQ is below the 50-day moving average. The NASDAQ 100 is not, but gave way a little bit this week. So just let you know, at least in technology, changing of the guard. And I'm putting a question mark next to that because nothing is 100%, but that's a couple of sore thumbs today.

but what else just recently we've been saying to you better in the medicals that were dead we even mentioned pharmaceuticals

that were dead but we mentioned to you the best ones Lily what was the other one that's Ab V guess what News on Lily today up 80 bucks Ab V

up eight Johnson and Johnson and the Dow was up nine today and broke out of a four-month range Merck broke out today their earnings and sales growth for those two in the Dow

not good but they both broke out because the group is now on the move I don't know if it lasts a week a day a month a year we're just reporting to you that the money flows into the medical complex now is going on.

Up next, we'll expound on that. And a couple of other places. This is the one only Investors Ed. They'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. Bo, boom, bum, bum, what else? Money flows into food, drug, beverage, tobacco household products, so consumer staples. Money flows into insurance. It's a very defensive area.

Travelers into Dow into new high ground, so is Allstate. Did I even put them on my front screen? You know, it's getting weird if I put, I'm doing it right. right now by the way all state and travelers on my front screen because of plunging oil which was down another three bucks today airlines good day cruise lines did nothing today but airlines and going back to medical the biotech even some of the research names that which have been terrible starting to get going like a striker may to be turning

the corner. There's a couple of names at high, symbol G.H. And DVA. Biotech ETFs broke out this week a little bit. And the United Health Group is getting better too. Restaurants better. Nothing spectacular, though. And retail had a good day today. Bad day yesterday, though. and there's really not much in the way of leadership except Victoria's Secret Strong. That's one name. Crocs had a good day today. But raw stores broke down yesterday.

And we'll see if anything else shows up. Oils, nah, because oil prices. The metals in mining area, terrible. Steel is now completely topped out. So that whole thing, the copper, aluminum steel, thing gone. Gold had a good day-to-day with silver. That's bouncing, but that's just oversold and I wouldn't go further than that. So changes. Oh, banks too. Interesting enough, Goldman was down 45 today, J.P. Morgan down six, Morgan Stanley down nine,

but the KBE and the KRE, which is the regional banks, was up today. Changes. And we'll keep you prized. What hasn't changed, Nvidia just, and that's semis, down another three in change today, near the 200-day moving average. Google down another six today. That's been under a lot of pressure.

Remember, Apple was down like 18 yesterday. Something weird happened at the close today. I know it wasn't triple witching, but just so you know Apple went from 281 up to 286 in one minute in one minute

and then drop back down but still finished up I got it at up 7.5 today bouncing off of yesterday and as you know they're raising prices on some stuff and just some wicked moves in the land five minutes. Even in the software, I was noticing CrowdStrike. By the way, a lot of it happened late. CrowdStrike went from 694 to 703 in a couple of minutes right into the close.

So some of the software got, Data Dog went from 236 to 242 in one minute. So the institutions, I guess, waited for the clothes and somebody pounded on them. Palo Alto went from 302 to 306 in three minutes at the close, and I got a snowflake, Snowflake 244 to 249 in two minutes at the close. While Micron went from 1150 down to 1125 in a few minutes near the close. It was all over the place. Anyway, changes.

And again, when something breaks out we don't know if it's going to go or fail when something breaks down we don't know if it's going to keep going down we never know duration as much as people on TV give you targets that's my favorite thing are yeah my target for the end of 2006 they're so full of crap they don't know they keep parading this guy that told us 125,000 for uh bitcoin at the end of December of 25, like a month before.

Then he said end of January, and now he doesn't even talk about it anymore. By the way, Bitcoin bounced a wee bit today. Nothing spectacular. And in the Dow today, that only finished down 44. By the way, even the Dow, you ready for this? And by the way, I wish I was making this up. The Dow, in the last 30 seconds,

went up 100 points. It was down, but the minute before that went down 160. So in the 359 minute went down 160, 358 minute. In the 359 minute, it went up back 100. Finished down 44. And it finished down 44, even though Caterpillar was down 60. And that's an AI play. six times four is 24 that's 270 Dow points

Goldman was down 45 between Goldman and Caterpillar you were down about 700 Dow points so how is that possible by the way they were down 100 105 points between the two you know what that means everything else was up 105

well Microsoft 20 United Health 12 that's 32. Travelers, that's 41, Visa 46. Sherwood was 51. McDonald's even bounced, that's 56. IBM, that's 69. Johnson and Johnson, 79. Salesforce.com, 87. Apple, 94. Amazon, bounce, 99. That's been bearish. So there you got it. Home Depot was up three. Merck was up three. Coke was up three. Coke was up two. So wild, wild stuff today, kids. That's all I can tell you. But back to my main point, I think we got some changes going on.

I think we got some changes going on. And we found out something else today. Because Iran, I think, blew up a boat or something, and the president said something, but the president do anything. Remember what we told you. It ain't going to be no more attacks. It's all now about midterm elections. And unfortunately, when Trump loses and the Democrats get the House,

unfortunately, Trump's going to pull another one that the election was rigged, which pisses me off and should piss you off. Expect that. I hope I'm wrong, but that's what's going to go on. And let's hope there's not another J6. He's still saying every day that the elections were rigged. I can't tell you how that irks me. Oh, but Gary, it was.

I get emails from people. I get emails from people that say 9-11 was an inside job. And we didn't land on the moon. Seriously, I get it. And they're serious. What can I tell you? Believe what you want. That's all.

So semis AI, odds favor bounces at best now. Sellers have taken over. And do not forget, the big moves are based on pricing from the spend, from the big guys that I've been saying all along, how they're going to keep this up forever? We'll see. We'll stay on top of it. We just think that the AI semi-trade hit a darn good bump, while other things, and again, we think there'll be plenty of things that don't break, and we're going to watch them like Hawks. But right now, the jets are cooled there while the money is flowing into, again, software had a good day, finally, I don't know where that lasts, but those seven names we mentioned, and I'll have to look at others.

Medicals of all sorts right now, including the managed care United Health. Insurance, got a few. Food and beverage, tobacco household products, but... Little better on the consumer restaurants. Airlines, if you want to invest in airlines. Up next. what the hell is going on I'll explain what the hell

that's up next on Bester's Edge you're listening to what are waiting for what are you waiting for one two ready go

in the Bester's Edge with Gary Culpa Uh uh yesterday we made the comment that you know Bernie Sanders is a socialist, Marxist, but we don't think he's dangerous. But the people like Mondami of New York City, dangerous.

And I do believe are evil. But that doesn't matter. What matters is what they do. In case you don't know, three people won their primaries up in New York that are America haters, Jew haters, I believe they hate the West, and they are communist control freaks. Just so you know what communism is, it's just control over your life. You're just a freaking number. That's what it is. Even the mayor of New York actually, he's not afraid to tell you, he even said it. The means of production, they want to run everything. So his latest move, he got his little

minions to vote a two-year rent freeze on a bazillion amount of apartments in New York City. I'm putting it up here. Two-year rent freeze for nearly one million apartments. I can call them a Jew hate or whatever. My interest is that they're going to destroy the city. Just so you know, anybody who's tried rent controls, it's never worked. That's the other thing. They have all the evidence in the world that communism, socialism, Marxism doesn't work. But they still do it because it's all about I'm a control freak.

You know, when I say to you, Trump is a socialist and an autocrat, he is. A lot of things he does is to be in control of everything. He even tells you that. and let's hope he doesn't get worse. So tenants in about one million rent-stabilized apartments will not see their rent increases for the next two years, voted seven to one. It applies to rent-stabilized apartments in buildings with six or more units built before 1974.

I don't need to get into that. Here's the problem. And I want you to listen carefully. Who owns those buildings? Oh, that's right, people. If inflation goes up or they need to fix the place, what if one of these apartments has a bad leak or pipes bust, do you know what happens when you're part of a homeowners association and things get done?

Sometimes they come out and said, oh, we need to assess 300, or we need to, you get my point. You know what's going to happen. You guessed it. I don't even need to say it. He just kicked the owners of these apartments in the teeth. The means of ownership. I didn't know they'd be able to get away with that, but I guess they are.

They tried it in Venezuela. Well, they destroyed Venezuela just running everything into the ground. But we just want to let you. know, you go read about it, but we're not done. There's now calls from the Marxist party. They want a $25 minimum wage. Really? So how many businesses will shut down if you mandate a $25 minimum wage?

A crap load. That's how many. You see, I'm a big believer. that people are nice, they're generous, they want to pay you well. And of course, if you start out in high school or whatever and you work at McDonald's, you start out at a certain level and go from there. But if you are mandated, you get 25. Here's what happens.

Kiosks and less people working. That's all. None of these people who keep promoting these things even thinks about the successful owner that got there through time, sweat, toil, capital, failure, success. Because most of these people putting the rules on have never had freaking jobs. Bernie Sanders has never had a job in the real world. Every dime he's ever made is off the taxpayer. But we're not done.

There's a billionaire tax in California. They're putting on for a vote. And they did a poll and a bunch of Californians said we like it. Every freaking billionaire is going to leave California. And they're going to lose all that tax base. Oh, wait, hold on. Gavin Newsom, the governor of California, who actually doesn't like it in California,

wants to do it nationally. He thinks billionaires, oh, they can't go to any other state. Guess what they're going to do? They're going to go domicile in Monte Carlo in Monaco and the Cayman Islands and the Bahamas. They're going to run for the freaking hills. People because they became wealthy. Remember what Marxist, socialists, and communists do. Follow the freaking monies.

And of course they all run deficits. They all spend poorly like Trump. And I must tell you, unfortunately, this thinking is growing louder and wider. A little bit on the worry side. There's a reason why everybody's coming to Florida. They get it here in Florida. But we now have a governor's race and I got to tell you, it's amazing that it's even. close. We'll keep you informed. You have a great evening drive carefully when you get home to like we do. Quite simple. Make sure you hug your family, hug your children. They will feel better. You'll feel better. I promise stay well, be well. Have a great weekend. Good night. This has been Investor's Edge with Gary Cult Bomb on Biz Talk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com.