Investor's Edge with Gary Kaltbaum - DOW TROUBLE [05.23.2024]

Episode Date: May 23, 2024

https://garykaltbaum.com/

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Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Colpom, I'm your host. A thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is Thursday, the 23rd of May, 2004.

By the way, 23 is my lucky number. All my address is basically at 23 in them. and whenever I don't usually play roulette but I usually go 23 and I hit it twice but that's for another day hey in case you don't know this is Gary Koppom this is investors edge is a serious talk on everything that affects you whether it's the markets the economy your job your industry what's emanating from the Morlocks in DC and we got more of that today remember with the greatest slush fund in the history of the world, Thomas Jefferson warned us about people like Biden

that would use the Treasury to do their bidding to win votes to keep themselves in power. That is how it works, ladies and gentlemen. We are not kidding. They have proven it very well. But that's for another minute. 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, you should. We mix a lot of politics, markets, and pro-Israel anti-terrorist and anti-terrorist lovers stuff. And every now and then, my hate from my sports owners, though we're having a better year. And if you like to email me, just be nice. That's all. All you got to do is be nice.

It's not hard, right? In no particular order. I know some people want us to start with NVIDIA, but we must go with your protection of your capital based on our words. Because we do want to let you know that GameStop was down another $2.80 today to $18.32. We want to let you know it was $65 last Tuesday, and we want to say to you, we hope you listened. We did not tell you that the stock would go from 65 down to 1832 within seven trading days or eight, whatever it is.

We did not tell you that it would get trashed so quickly. In fact, we told you we don't know what's going to happen near term, and we really don't. For all we knew, they would lift this thing up to 500 bucks. That's how crazy stocks are. But what we did tell you is be careful with your money, know what you're getting into, and ultimately, 100% of the time these stocks will go back to where they came from. I had no idea they would crash them so quick, but they have. And I will also state for the record, I have no idea whether they lift them up again tomorrow.

All we know is in real time. They smoked the living hell out of it again. GameStop announced their numbers. Their numbers sucked. They announced the secondary. I'm not even sure if they got it done or are going to be able to get it done. But $65 to $18.40 in eight trading days, AMC. $11.88 to $4.58 in that same time.

We are not kidding when we say to you every now and then, there are some nasty trap doors in the market. We are not kidding when we shout out to you. And it doesn't happen that often. One of our major shoutouts was Rivian when they came public and told you, Wall Street is doing a screwing on you again, and told you this thing's not worth 10 bucks. Oh, it's $10 now, down from $180.

We warned you about the fads. How many fads have we warned you about? Do you remember Beyond Meat? Remember that? What did we say to you? Plant-based food? You really think there's a big market for that? Are you kidding?

$200 down to $7. Make that $239 down to $7. And again, sometimes you just have to think logically. Oh, you're going to go to Morton Steakhouse. Yeah, let me have that plant-based steak. How about Peloton during COVID? We just asked the question here. We asked the question, what happens to Peloton when COVID is over?

And we answered it for you. we told you that growth is going to stop and growth is going to drop. There's still going to be a business and they're still going to do lots of business, but they ram that sucker up to $171.71. It's now three. Oh, and by the way, they still do about $1.1.1. when 2.5 billion in revenues. You know what the problem is. They're losing a ton of money. Fads. Fads. That's the other part of the equation. The scum, the SPACs. What did we tell you about the SPACs?

Well, it was really simple because all the SPACs were merging with crap. Now, let me define crap for you. Companies with no sales. Let me define crap for you. A bunch of them stating we're going to start electric vehicle companies or battery companies. Let me define crap for you. Ask yourself how many automobiles. how many automobile companies have started up in the last 20 years and

200 years and made it. It was easy. SPACs, we told you there were going to be indictments. Two are in jail. Both electric vehicle bull crap artists. There's the SPACs. And I'm sure there's going to be more as we go forward. And we just beg of you, just think smart.

The NFTs. What in blue hell is an NFT? You can go look it up. And mind you, I am sitting on a Pokemon card that I think is worth $10,000. So there are definite bubbles out there still. And I'm going to one of these comic cons to sell it, because what the heck am I doing with it? and I'm going to give the money to my sons because it was really theirs. So you never know.

But in the markets, it's not hard to figure out. A company with $10 billion in market cap with no sales is risky. It's the best way I can put it. Mind you, we've seen $5 billion market cap biotechs with no sales bought out at 100% premium. We missed those. We also missed the hundreds where the placebo did better than the drug in the trials and dropped 50% overnight. I remember there was one that dropped 95% overnight. It's just measuring the markets.

And when extremes in extremes in craziness show up, we're going to tell you about it. And the last one we did for you was the memes, and they just so happened to crash them a lot quicker than I thought. I thought probably they're going to hang for a while and maybe even go higher. Who knows? We didn't know. But we've already received a few correspondence with the usual thank yous. And we don't think we're doing much. We're just trying to tell you, just be smart.

It's just like playing the lottery. The biggest scam ever brought to you by the government. Ah, second biggest. It's the biggest scam ever. Up next. We'll explain the lottery. And then what's stuck out today. I'm Gary.

This is the one knowing Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's made. manage. 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 888-422-5-5-9. That's 888-4-2-5-9. That's 888-4-2-4-2-5-9. 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 Gambata. 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 This way 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. 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 Volt-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. Amazon Hub delivery wants to partner with your business. Help your business. Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub delivery. You and your team will deliver Amazon packages to customers in your neighborhood on a schedule that works for you.

And you'll be paid for every package you deliver. Getting started is easy. There's no delivery experience required, no long-term contracts, and you receive weekly direct deposits. Earn more. Gain exposure for your business. Apply today at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery.

Know a local business that would make a great partner, a local coffee shop owner, florist, automotive shop, dry cleaner, you name it. Refer a business today and earn $500 when they successfully join the program. Visit Amazon.com slash hub delivery to learn more or refer a partner. That's Amazon.com slash HUB delivery. Now looking for hub partners in your area. 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, ORAIDA, Silk, Capri-Sun, 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.

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. So the lottery.

Whenever the mega millions or powerball gets above $250 million, I'll get five tickets. I can afford it. And I always say to the person I'm getting it from, I'm donating to the government. But there are a lot of people that are depending on winning the lottery. people that don't have the money and they do it with marketing Florida used to have marketing of you never know

but it's a lie of course you know they took the mega millions and the power ball I think it's like 280 million to one go look up what the odds of getting hit by lightning twice two days in a row at the same place in the same time

and I wonder what that looks like compared to the lottery And then there's the scratch-offs. Do you see the scratch-offs? I play the scratch-offs every now and then. I do. I admit it. I can afford it. But you know what they do?

They'll put out 50 million scratch-off tickets for $10. They'll have four big winners, four not-so-big winners, but still would change your life a little bit. And the rest, and you know what I love? when you win what you already put in. They'll actually give you a ticket back where you scratch it off. Oh, you won 10 bucks. Oh, but I put in 10 bucks.

So then you go get the next one. And they don't realize, I think here in Florida it says, $40 billion to the education department. Do you know what that means? Do you know what that means? People lost $40 billion. When you see the draft kings and the gambling, Oh, we paid out

This, that, and the other thing. No, they don't. The losers do. They're just bookies. So everything we do here is really about Capital Preservation. After that, make the bucks. And we're just letting you know so much is out.

Look what's happened with sports now. Do you know what sickens me? I'm watching NBA on TNT. I love that with Charles Barkley and Shaq. Kenny the jet and they may be losing the basketball but they sit there they do commentary that out of nowhere they say

and if you want to make the bets in between the game it's going off at this what so they realized gambling's going to be legal so they're going to get you so protection of capital

and when we get to these extremes in the markets craziness in the market which we're yelling and screaming at you about it. Not telling you what to do, but just telling you the facts and then say the words, you decide.

It's your money. And we leave it straight like that. And it just so happens, taking it back to the beginning, GameStop is now $18.32 down from 65. What is that about 67% in eight days

from the high? Yeah. Okay, next, NVIDIA. So, NVIDIA finished today up $88 to $10,038. Excuse me, 1,038. Yeah, 10,000. It hit 1063. They came with very good numbers.

It had sympathy with it. What does that mean? Well, with NVIDIA goes other semiconductors. If Nvidia says, oh, we're going to need more chips, the equipment makers are up nicely. Only one problem. Great move in Nvidia today. It did what we call a breakaway gap. It closed at a price open up higher than that price by a decent amount.

And broke above the old high that was March 8th. You remember March 8th when we told you the top was in? Well, we had no idea how this would finish today. But while NVIDIA was up $88, the Dow was down another $605. Points. It's not bucks. The transports down 185. The NASDAQ down 65.

The NASDAQ 100 down 81. and may I state for the record today at one point early, the NASDAQ was up 200 and finished down 65. The NASDAQ 100 at one time today was up 200, finished down 81. The Philadelphia Semiconductor Index today still finished up 25, I believe. Is that pop? No. Flat. It was up 100 today.

125. I take it back. What happened? I don't know. They distributed stock into the heat. We had no idea this would happen today. What we did know, what we have been telling you for a few days. What did we tell you?

Transport's very bearish action. But don't worry. just the transports, rails and truckers. We told you the oils. Top badly. We told you there's a good chance that the commodities. We told you that a bunch of the economically sensitive names, the building materials, the construction, the cement. We also told you the house. We also told you the house. looking look like it was topping. Huh. So it looks like all that was clues to the market. Every Dow stock was down today. Now let me state for the record that Boeing was down another $14. And that certainly doesn't help. That's about 80 Dow points, 75 to 80. But we were down 600 and

change. So what does give? Well, maybe, maybe our other point we have been telling you in the last week. We think the economy is now trend down. Now, what do we mean by that? Well, if they were telling us, we're growing at four, we're now growing at two. If they tell us, we're growing at two, we're now at one. If they tell us we're growing at one, maybe we're now flat. What else did we tell you? How would we know if we go into a recession? Well, I said on TV today, well, the Dow would be down 3,000 points from here. And of course, we're not there yet.

But we are letting you know what we have been telling you now for a little bit while. There's some clues going on, and boy, today was ugly. Up next. We'll continue. I'm Gary. This is the one-only investor's 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 timeline of this technology? There will come a point when it will mature. Right? Yeah.

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. Amazon Hub delivery wants to partner with your business. Help your business. Help your neighbors.

Discover a new stream of income for your business when you partner with Amazon Hub Delivery. You and your team will deliver Amazon packages to customers in your neighborhood on a schedule that works for you, and you'll be paid for every package you deliver. Getting started is easy. There's no delivery experience required,

no long-term contracts, and you receive weekly direct deposits. Earn more. Gain exposure for your business. Apply today at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. Know a local business that would make a great partner, a local coffee shop owner, florist, automotive shop, dry cleaner, you name it.

Refer a business today and earn $500 when they successfully join the program. Visit Amazon.com slash hub delivery to learn more or refer a partner. That's Amazon.com slash HUB delivery. Now looking for hub partners in your area. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stock up savings time now through March 31st. Spring in for storewide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius,

body armor, or Ida, silk, Capri-San, 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. 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 just remember, everything we are saying to you that we have told you, we know is fact because we go over our shows. And we make sure what we convey to you is how we want it to be conveyed. And we want to make sure we don't come on Thursday and say something that we didn't see. say on Tuesday or we said the opposite. We're very careful that way and that's throughout the years.

So we're just letting you know, transports we were telling you, and they worsen today, recently just in the last few days, housing and oils and economically sensitive, and building construction cement, and we got today. Now I will tell you this, ice got thinner, duh. Doesn't take a genius. As I look at the patterns in the market, when you go look at the Dow, we'll start with that, even though we do give less weight to the Dow. You will see it hit 39889 in March.

It went just above it Monday. It gave half of it back within a couple of days. The transports are really now near, unbelievably already near. The recent lows. That's how weak the transports are. Those small caps, what do I keep telling you about them? I ain't ever buying them again. I stopped out twice.

Guess what they did again? They went to the scene of the crime again, and they got smoked again today. Actually, the last couple of days. And then, just a lot of the sympathy stocks, let me give you some examples today, which stun even me. Super micro. This is the one we trades like a penny stock. They opened it up today at $972. It closed at $847. No really. Lamb Research, equipment maker. They opened it around $9.92. In it around. Closed at $9.58. Semiconductor. Catching my drift? There was a lot of that today. I have no idea what tomorrow brings. We're just letting you know the technical condition,

the technical what we call underpinnings, which have already been coming under some pressure the last few days, while the semis have been acting pretty well, software names acting well, some of the big tech has been acting pretty well, have deteriorated. Tomorrow will be another day. Gold. Pulling back harshly. Not just pulling back, but we'll call it harshly. Gold miners the same. Still in uptrends, but boy, oh boy, not exactly happy. A lot more than I would have thought over the last couple of days. Not good. We already know about my left screen I always tell you about. These are the stocks that have been damaged and, tech, software and the like, ain't nothing good happening there. China, as we have been saying, the emerging markets been acting well. The China have been acting well. They're in pullback mode right now and they're on watch.

And I believe I was it yesterday, only pullbacks right now in these areas. And that's it. Now in video, what do you do? I got to tell you, it held up great today considering what the market did, even though it was 30 bucks off the high. 26 bucks off the highs. We'll see what happens. Housing related, that Home Depot lows and not good.

I told you about William Sonoma yesterday. It closed down 35. down it closed down 35 on its earnings. I got to mention McDonald's. Have you noticed the stories that in order to attract people, they got to start doing $5 meals? They can't be making money on that. By the way, they said they're only doing it for a month.

But isn't that a problem? Target. Isn't it a problem that target to attract customers has to? They don't want to. They may say we're doing it for the peeps. Believe me, no business wants to cut prices unless they have to. Just some things, you know, when we're talking economy here, remember the consumer is like they say 70 or 80% of the economy.

All these companies, interesting. And then I believe I mentioned that yesterday, or maybe it was Tuesday, about the high end. Ferrari, LVM, and some of these big stuff things, I wonder. And then the price conscious, Lulu Lemon, 516 down to 299. we're just we just try to put the little pieces of the puzzle together in Florida in central Florida Orlando now is the number two housing market where inventory is going up we already mentioned that to you we saw it before they reported it I believe I saw it this morning

duh all you got to do is look at Zillow and the map so just letting you know there's some things out there that are, we'll see. But not a good day. Definitive distribution by the institutions today. With certain things holding up really well, I still have a list of good, strong stuff. It's just waning a little bit the size of the list, just a little bit on the waning side. and that's that. I got asked some questions about this, a J.P. Morgan forecaster issued a warning for the rest of the year. His name is Marco Kolonovich.

He says he expect the S&P to drop the 4200 by the end of the year. I don't usually bring this stuff up, but I got asked, so we like answering it. We typically, as always, there's everybody predicting things. We'll let the market decide. You know how we'll know there's even a chance to go to $4,200? The S&P would have to drop below $5,200 first, and then $50, duh, catching the drift. That's why I've never understood predictions,

because certain things have to happen. In the news, just letting you know Ted Baker is now shutting all their stores in the United States. Ted Baker. I think that's from the UK. All their stores in the United States. I don't think there were many stores, but more stores being shut. Ted Baker.

And I do know we've been in, my family has been in a couple of their stores in foreign markets and bought some nice stuff there. They have 31 U.S. locations. You can now snap up sales, 30% discounts. Just letting you know. And lastly, have you been reading about the laws in California about squatters and also New York? Who is writing these laws? And how are they not logically changing these laws?

Somebody must explain this to me. how many illogical laws are out there that screws legal-minded citizens and rewards crooks? And let me be clear about what a squatter is. It is a crook that is stealing by not paying and not leaving. Up next, I think up next. News of the day, much more. 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 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 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. Want to earn extra income for your business? Amazon Hub delivery is looking for ambitious business. owners to assist with local deliveries. When you become a partner, you and your staff will deliver packages to customers in your area on a schedule that works for you. With each package delivered, you'll gain extra income and exposure for your business. Plus, Amazon Hub Delivery makes it easy

to get started. There's no upfront costs, delivery experience, or long-term contracts required. Sign up to learn more at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. 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, 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. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go.

Investors Edge with Gary Culper. And welcome once again to Investors Edge. By the way, I bring up all these laws and these states and all that because you got somebody in the White House that would love to put this crap on us nationally. I posted on Twitter or X a video of the press secretary being asked by an NBC hack. Mind you, it's not often they have random acts of journalism at NBC and asked. The question was, the average person you are forgiving their student loan. the average person you are forgiving their student loan, I believe was asked about, it was $35,000.

That was the question. What do you tell? I guess the question was the people that did not go to college that are now plumbers and janitors. And the press secretary basically, as far as I'm concerned, turned into Ralph Cranes. them with the humana homina homina we just want to you to think about this what this guy and i've said to you this before thomas jefferson once warned us more than two centuries ago be fearful of those who use the treasury to buy votes all in the name of the greater good and it's just a lie so let's put this to the least let's simplify things students

took out loans to go to college, to pay back, contract law. They are being relieved of those loans, not by Joe Biden going into his own wallet and paying it off, but by using us to pay them. But they never say that. And as I've said to you 100 times on this show, if you went to your bank account online today and it saw a debit of $200 next to what it said, student loan relief and you call up the bank and say, I don't have a student loan, they said,

well, you're paying off somebody else's. Joe Biden couldn't do it because he'd be laughed out. But since nobody sees it directly and he just adds it to the slush fund, $167 billion he's at now. Don't worry, we're running a $2, $3 trillion debt. It's nothing. It's a footnote. He gets away.

with it. But you know what the final outcome this is going to be? Colleges are laughing their asses off right now. They've been raising tuition left and right because of government guarantees. And now they're saying, well, not only we have government guarantees, people don't have to pay their loans, even though we got paid. Oh, we're going to raise tuition another 10%. Do you see the backwards-a-st stupidity from this Marxist socialist control freaking administration, just in that little nutshell, why would colleges ever lower tuition now? And of course, they're going to forgive some of those racist anti-Semitic pukes with college loans that were blocking Jewish students from going into the library and telling them they should die.

Why would anybody going forward who takes out a... People, students now taking out student loans going forward are laughing their arses off also. if Joe Biden stays around. Look at that distortion. Just letting you know. Oh, and of course, there are a ton of students that are not being relieved. You do know that.

They're piecemealing it. So when is it going to be the what about me? When am I getting relief? Why are they getting relief? Why not me? Oh, whoopee, so they had loans out longer? Well, that means they didn't perform. That means they didn't do the right thing.

I've been paying off my loan. How come I'm screwed? $160 some odd billion. Do you know what the press secretary said today? Oh, these people have been under crushing debt and we're relieving it to the tune of $160 billion of more debt, which, by the way, has been rolling over left and right and Janet Yellen pulling another scam by rolling it over into three-month T-bills instead of ten. year treasuries, which what they're supposed to do, because it's an election year and she's a

political hack. She doesn't want to lose her job, even though she goes and gets a quarter million dollars to speak to people and say, blah, blah, blah, blah, blah, words of the wise. Ladies and gentlemen, always wear your seatbelt on an airplane. Have you been reading about that jet? I guess they, where are they in Thailand or something like that? and one person died, I think that may have been a heart attack, but 80 injured, I never take my seatbelt off when I'm on an airplane. And just so you know, I've been in some sickening turbulence.

I think, where was I flying to when I had a dozy? I think it was Japan at the time. By the way, the worst one I've ever had was one time flying from Florida, Arizona. an air pocket, I thought we were just going. I was saying my Hail Mary's, if that's anything. I don't even know what that is. You get my point. We're a seatbelt.

That is my recommendation of the day on an airplane, because you never know. Doesn't happen often. But when I see something like this, I have a radio show. I get to mention it. And if you have a little baby, do not keep them in your lap, the baby. Car seat them. lock them or that baby's

hitting the roof and that's party and that's our recommendation of the day wish I had better news it was a crappy close today more deterioration we'll have a lot more to talk about

we'll see what tomorrow brings you have a great evening drive carefully when you get home do like we do quite simple make sure you hug your family make sure you hug your children they will feel better you will feel better I promise tomorrow Friday usually on what Neil Cavuto noon hour, Fox Business, check it out.

Peace out, all. Stay well. Thanks for joining us. 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 GaryK.com. Amazon Hub Delivery wants to partner with your business. Help your business. Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub Delivery.

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