Investor's Edge with Gary Kaltbaum - Explaining Crypto [11.20.2024]

Episode Date: November 20, 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 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 Coltbaum,

your host. A thanks of being with us today. Glad you here, ladies and gentlemen, happy that you're listening. It's Wednesday. It's November 20th, 2004. Hope you're having a good day. It is, let's see, this is one of those shows. We are doing it very, very early. Hey, travel. What can I tell you? Adam will be doing the show tomorrow because double travel tomorrow. So right now, as I speak on the east coast of the United States, it's only 1.30 p.m. So this show will not have the all important over the top monolithic earnings out of NVIDIA. Sorry about that. Adam will cover that tomorrow.

What we're going to go through today is what we're seeing in the market today. But I'm going to answer some questions. A little bit of, I don't know if you call it lesson time, but answer some questions time on we'll call it. I don't know if the word's controversial because things that are going up, who wants to call them controversial? But we want to explain some things from the most asked question from people right now. And of course, it's the thing that's in the news. And that is the crypto. We'll do that in a minute.

But first, 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. And of course, if you want to email me, just be nice. Not like the email I got. The final line was, you are a disgusting human being, just like the political talking heads on TV. Yes, I got one of those today.

from actually from somebody who has emailed me plenty of times and never had a bad word. I'm going to explain that in a little bit why that's the problem with what's going on with the country that somebody would say I'm a disgusting human being. By the way, that is a few days after I sponsored a Thanksgiving dinner for at-risk kids for about 300, 2 to 300 kids for a Thanksgiving dinner. I'm a disgusting human being. But I'll get into that in a minute. That's all about politics, of course.

So, first off, as I speak, down 90, S&P down 33, NASDAQ 145, NASDAQ 100, 163, transports 114, advanced declines, not very good at all. And a few things I continue to notice, Microsoft, Google, Qualcomm, Adobe, Broadcom recently just broke below the 50-day moving averages. Apple, not so bad, not so good, but hang it in there. What do they all have in common there? are these big mega cap stuff that pretty much are weak versus some of the things that have been stronger. And it seems to me, and we'll let you know if it changes. And by the way, and video reports after the close, we'll see what happens.

Netflix, a big name has been strong. Oracle, a big name has been strong. SAP continues to hold the 50 day on every pullback. Tesla recently strong on the election. So there are a few that are on the other end of the spectrum. But we're always looking at relative strength versus the market. So we just wanted to bring that up. But more importantly, the semiconductors.

Down 90 today. I have this list of semiconductors on one screen. That's about 80 of them. And pretty much every day, I'll just go through each one. And I can simply tell you, 77 or 78 of them are not only below the 50-day moving average, but way below, and some in major bear markets. I take that back. A lot of them in major bare markets. So one of the questions I get asked, how is NVIDIA a semiconductor doing what it's doing when all these other semiconductors aren't? And by the way, ASML,

Gave horrible guidance going forward. They make the stuff. How about applied materials? Blasted recently on lower guidance. They make this, they're equipment makers. So what's with NVIDIA? How is it possible that eventually they're not going to get in trouble? Well, the answer is I don't know, but the answer is also this AI thing that's going on. And I must tell you, I've been reading up about it and a lot of it I don't get in that listen carefully how are all these semiconductor companies lowering their numbers I guess we'll see after the close and we'll have it reported to you tomorrow by the way broadcom it's kind of almost attached that one's fading away big time AMD was supposed to be the big competitor it hit 227 in February it's 135 today

So my canned answer is I don't know, but we'll find out eventually. The AI thing, without a doubt, is real. To what extent longer term, we do not know. But I just had to bring that up because I got to tell you, the semiconductors, the market net had better never start looking like the semiconductor stocks. That's the best I can tell you. And what was holding up in semiconductor land recently? Getting hit.

So that's number one. Number two, the biggest question is what the hell is going on with this micro strategy? In case you don't know, micro strategy, MSTR, has turned into pretty much just an owner of Bitcoin, but a monstrous leveraged owner of Bitcoin. While Bitcoin is up, I'm going to go to. a date here. Let's go to a date. I'm going to go to a low. Let's call it, if I can find it, November 5th, that was the election day. The next day was November 6th. Micro Strategy closed that day, a little over $250. The Bitcoin itself since that day is up a

About 40.9, 20%. Micro strategy is up. About almost 100. How can that be? It's called leverage. In case you don't know, on Wall Street now, you have these exchange traded funds that trade three to one. I'm pretty sure I heard this even more than that,

but they trade three to one supposedly. If you have a 1% move, they move 3% up or down. Well, in micro strategy, it looks like 5 to 1 at this juncture. And how can that be? How is the leverage gaining? Well, the announcement in the last day, 2.6 billion of debt they're going to float and use it to buy more Bitcoin. So the main question I'm being asked, wait a minute, isn't that a Ponzi scheme?

Isn't it a scheme? Isn't it going to be big trouble when all is said and done? Well, if that is the case. And again, we are not taking a stance on this. We're reporting to you because it's the most asked question we get. It's kind of pretty simple. They're leveraging. They're leveraging.

That's all. I take it back. The latest one is $2.6 billion. of convertible senior notes. Net proceeds of the notes will be 2.58 billion, but there's an option to go as high as 3 billion. They tend to use the proceeds to acquire additional Bitcoin. That's what's going on.

Bitcoin's up 1% today, as I speak. Microstratage is up 11. So we're just letting you know The leverage is insane If Bitcoin keeps going up God only knows where micro strategy goes If Bitcoin drops 10% pullback

I got to believe it's going to be 25 to 40% drop in micro strategy That's all That's what I'm seeing right now I could be wrong but that's the story. Leverage. Any way you cut it, leverage.

Up next, what else in the market? Got lots to cover. I'm Gary. 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. 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.

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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 stomach ache 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. All right, quick quiz for the hiring managers out there. What's worse? being understaffed or being poorly staffed? Well, that's a trick question, because both are recipes for chaos. Either way, just say to yourself, this is a job for Indeed's sponsored jobs.

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at APU. edu 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 cult bomb it doesn't get better than this and welcome once again to investors edge uh again we are pre-taping this show very early today as you know i am five hours earlier than the east coast of the United States this week. And in case you don't know, yes, I am in Maui, but yes, we are conducting some business here also.

And it just coincided with my son wanting to do a father-son trip and having a blast. But we're up at 3.30 in the morning, prepping for a 4.30 market open, and we work to 11. And then we enjoy the rest of the day. That's how we roll. You still cannot get into Lahaina, where the, I mean, man, I don't think people can really fathom.

And I was asking questions, how did the fire, where did it come from and it crossed the road? Wow. And there's a lot of blame being thrown around here about who in the electric company and stuff like that. I'm a big believer. Just get the freaking job done and get this thing built back up and get people in homes again. They've been taken care of pretty good. You know, the Hawaiian people are just, I don't know if you ever been here. They are the nicest, most magnificent people you will ever meet.

I just, I love what Hawaii, all of Hawaii is about, but it really is the people that are just, so fantastic here. I mean, big time fantastic. We segue. Did you know that Target is down $32 today to $122 and change down 21%. Do you know Target was $180 in March? It's $122 today. Better yet, do you know Target in September of 2021 was $260 some odd dollars? It's down over 50% since September of 2021. Walmart since 2021 has gone from 50 to 87. Hmm. You know, for a couple of years going back, we did the Kmart versus Walmart.

Actually, the Kmart versus Walmart and Target. We would tell you about our visits to Kmart, how bad the stores were, the service, the stocking of shelves. It was Murphy's law at Kmart, and they ended up going, you know, they just shut the one. Target is no Kmart. I will promise you that. But isn't it amazing how you have two companies pretty much if you walk in to each place, what do they sell the same stuff? Pretty much. So why is one thriving?

And the other, less so. Why is Walmart's earnings up mid-teens and sales up in the mid-single digits? By the way, they do $600 billion in change, so it's tough to grow themselves. Yet targets' earnings were down 12%, and revenues hardly budged year over year, and now pretty much warning a little bit, while Walmart kind of didn't warn, though they have said they're worried about the lower ends. What's going on there? this is why it's so important to do your homework.

You got it? If you walked into a target right now, it doesn't look bad. It's certainly no Kmart, and I have to bring that up because I gave you that example. But just letting you know this is part of the process of analysts, money managers, and you name it. They had positive trends. they reverse course. They said there's headwinds into quarter four. I can go on and on about losing market share and things like that.

Bottom line is Walmart winning, Target losing. I will tell you, Walmart also said that consumers are budget conscious, like Target. But Target, holiday season has fewer shopping days. Walmart didn't care. They talked about an extra week last year. Walmart, hey, we're moving forward. But fourth quarter comparable sales are expected to be flat, softness and discretionary. Walmart's winning.

That's all we can tell you. If things change, we'll let you know. But that's the story. And it is a really instructive story on you can see with your eyes and get a feel for it. and again, you walk into each place, they sell the same things. Maybe it's the experience, I don't know. There's a bunch of people out today. You see what happened when you went woke.

You know that story, right? Woke. So just letting you know the target story. And speaking of woke, I don't understand. Jaguar is out with a new whole ad. I'm not even to describe it, but it has absolutely nothing to do with cars. And those that would comment on woke or not woke

would say this is premium woke. And Jaguar stated they don't care if they lose 85% of their business. And I look to see that had to be fake there's no way they would say something like that oh they did so there's a lot of weird things going on out there well if i won't invest in a jaguar stock you have a company saying they don't mind they don't care sales go down no thank you we'll stay away we segue we're very very eyes open right now we're very very very very eyes open right now we're very very very very very

very, very ears wide open right now. We think we're seeing some signs, signs of, well, the micro strategy. The way it's been reported, it's almost like a no biggie. But a company raising billions of debt to buy an object and be one note. as that object remains status quo in size, obviously will move price up, but to wear. And is this a looming sign?

We've got our eyes wide open, our ears wide open. Up next, what else we got for you? Early in the day, I'm Gary. This is the one only investor's edge. Hi, I'm Dr. J. Goodman, host of Beyond the Script. where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches.

Like, I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomach egg 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. 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. All right, quick quiz for the hiring managers out there. What's worse? Being understaffed or being poorly staffed? Well, that's a trick question, because both are recipes for chaos. Either way, just say to yourself, this is a job for indeed sponsored jobs. You'll get matched with candidates that

meet the skills, certifications, and everything else you're looking for. Or go a different way and get no traction. Seriously, sponsored jobs posted directly on Indeed are 95% more likely to report a higher than non-sponsored jobs. It really is a no-brainer. Spend less time searching and more time actually interviewing candidates who check all your boxes. Less stress, less time, more results. When you need the right person to cut through the chaos, this is a job for Indeed's sponsored jobs. And listeners of this show will get a $75-sponsored job credit to help your job get the premium status it deserves at Indeed.com slash podcast. Just go to Indeed.com slash podcast right now. Indeed.com slash podcast. Terms and conditions apply. Need to hire? This is a job for Indeed

sponsored jobs. Success starts with your drive. An 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. We're listening to. America is talking. Investors Edge.

He's got to be pleased with the crowd. is just on his feet here he's a Cinderella boy with Gary Colbomb comes highly recommended you're gonna feel better if you talk to him and welcome once again to Investors Edge

Dowdown 120 NASDAQ gives back all of yesterday as of this second 175 NASDAQ 190 NASDAQ 100 transports 116 advanced decline's not very good and to me

heading in 10Viti for me the story the semiconductor index is down another 100 today and is weak as all heck. I can't begin to tell you how weak, and especially in relation to the rest of the markets. And you have names like Qualcomm that are breaking down out of a bare flag today, and that's way off the highs. That would have me say, Nvidia, better have some good things to say. and as I said earlier

for me as somebody watches the markets I am amazed how invidia is hung in there and strong while everything else has gone by the wayside some things way way way way

by the way side and I mean way way way way so maybe a moment later today again we will not we are pre-wee taping this early. Adam will be doing the show tomorrow. I'll be on a flight and he'll have the complete report on it. Most importantly, the reaction. That one, as far as I'm concerned, going to be quite interesting. Retail off of Target, very weak day today. In many spaces, of course,

because if Target says something, it could affect others. But Walmart just seems to be Teflon. Walmart's actually up today. The beneficiary of what else is going on there. Europe. Got to mention Europe continues to be weak, has not affected us. The spread between Europe and the U.S. is kind of wide right now. And I'm pretty sure that has to do with the fact that Europe has got some issues.

France's stock has just been trashed. The U.K. is very weak. they elected you go look up the guy who's running the UK right now and some of the things that are going on in the United Kingdom right now politically

and weirdly Britain's being put in jail for commenting on social media that they're very pissed off at some things they're being put in jail this is Britain

China is up today but I must tell you disappointing in the action it is right back the FXI is right where it gapped up initially if you look at the FXI it gapped up in and around that $30 level

that was the first announcement from China that they were all in and then kept going so we'll see if it holds right here I definitely have an interest in it If it wants to get going The problem is they have problems Any way you cut it

They have problems They have real estate problems They have debt problems And I'm always wary About a government Well, J Powell printed to $9 trillion bucks And caused a lot of the inflation

Though nobody blames him because you get nothing out of blaming somebody that's not elected. So Biden got all the blame, though Biden gets a bunch of the blame also for spending like insanity. With insanity. We move on. So this show is not about me. This show is about the markets, the economy, your job, your industry, debt and deficits. The government and what they have done taken us to $35 trillion of debt.

I think it may be 36 already. The guy who's still the president, who we hardly ever see now, is running $300 to $400 billion of debt each month. It's not about me. So I get an email. From somebody who's emailed me a bunch and has never been mean or anything, but the last line is you are a disgusting human being, just like the political talking heads on TV.

Now, why would he say that? Well, he's mad at me. How dare I want to get in contact with the Trump administration in order to help out with this debt and deficit and government efficiency commission run by? Elon Musk and Vivek Ramaswamy. He goes on to say, so on your radio program yesterday,

you say you were trying to contact the Trump administration, get on the Trump train, that I want to get on the Trump train as an advisor, and I suppose ideally in your mind as a spokesperson. Wow, after nine years of blasting him constantly, calling him the biggest liar, only to be beaten by Biden and complaining about just about everything he did as president.

Now you want to join a winner. You are such a chameleon. You just want publicity and promote yourself and make more money. You are a disgusting human being. Ladies and gentlemen, in one email is the problem that I see. How do I put it? Well, on the right, if somebody on the list, left is found out to be had done something untoward, whatever it may be, or disqualifying,

whatever it may be, the right yells and screams about that person on the left. If somebody on the right does something untoward, something disqualifying, the left is screaming about getting rid of that person. on the right. But if it happened to somebody on the left, the left is silent. If it happens on the right, the right is silent. So there's a couple of these Trump appointees. I can think a one definitively. That's disqualifying. And really shouldn't even be the Attorney General. yet so many are out there saying on the right no no no no no he didn't do it he didn't and they don't know if he did or didn't do it but their default setting is to protect their side the same goes for

the left to protect their side this guy thinks i'm on a side this guy thinks i'm on a side this guy thinks, I'm looking for the Trump train like I care. He thinks I'm a bad guy because I would call Trump out on the things that I believe he has done wrong. Therein lies the problem. I call it the tank. The tank is, I'm on the left. I'm on the right. I'm on the right. I'm on the left. and whatever my side does is right and whatever the other side does is wrong and that's it and that's it that's it this person did not even take a step back to think i don't care about trump i care about the country that's 36 trillion in debt and i am an expert on the debt and the deficits i've been covering it for years i am an expert where the skeletons are

know how to drop that debt a half a trillion a year off the bat that has nothing to do with trump or joining trump i'm not on his team i'm on the USA team and i got news for you if joe biden had a government efficiency commission i'd ask to join that too that's all but unfortunately This person in the tank to actually go to reach, I just want to be on a Trump train. Oh, and make more money. Yeah. Make more money how? By volunteering to do something in government, how do you make money doing that?

So just letting you know, I really think that is the problem. That's out there. There's just so much one-sidedness. I have no side except my kid's side and the country side. That's all. We'll put a bow tie on it. Up next on Investor's Edge. 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.

All right, quick quiz for the hiring managers out there. What's worse? Being understaffed or being poorly staffed? Well, that's a trick question, because both are recipes for chaos. Either way, just say to yourself, this is a job for Indeed's sponsored jobs. You'll get matched with candidates that meet the skills, certifications, and everything else you're looking for. Or go a different way and get no traction. Seriously, sponsored jobs posted directly on Indeed are 95% more likely to report a higher than non-sponsored jobs. It really is a no-brainer.

Spend less time searching and more time actually interviewing candidates who check all your boxes. Less stress, less time, more results. When you need the right person to cut through the chaos, this is a job for Indeed sponsored jobs. And listeners of this show will get a $75 sponsored job credit to help your job get the premium status it deserves at Indeed.com slash podcast. Just go to Indeed.com slash podcast right now. Indeed.com slash podcast. Terms and conditions apply. Need to hire? This is a job for Indeed sponsored jobs. 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. You're listening to... What are we waiting for?

Well, what are you waiting for? One, two, ready, go. Investers Edge with Gary Culper. And welcome once again to Investors Edge. Again, we're doing this very early today. It is 2 p.m. Eastern time. Adam will be doing the show tomorrow. He'll be covering the all-important Nvidia.

As we explained earlier, the semiconductors are just a horror show, except for Nvidia, maybe a couple other names that are okay. And we'll see what happens after the close. Dow as I speak is down 110, NASDAQ 160, NASDAQ 175,

S&P 35. It's a roughed up day. The NASDAQ almost given back everything from yesterday. Bitcoin's only up about a percent, but micro-stratage is up like 13%. As they're going to borrow up the $3 billion to buy more Bitcoin and that's fueling things. as we said leverage.

And by the way, we're not saying that as a put down. We're telling you things as fact. As I look through, they're pulling back financials today. No biggie. They've been sitting tight. Retail getting hit pretty good. Target down $32. Wow.

You should read up on Target. There'll be articles on it tonight on what they said and try to read up on what Walmart said because it is really instructive that they pretty much sell the same thing, but Walmart stock is thriving. Target's getting crushed. And it's now 50% since 21. That is a big wow. Back on that email.

So, again, we only care about the future of this country. I got kids. I now have a grandkid. We know what's going to happen if they don't do something about the debt and deficits. It's happened to every country that's come around. The reason they've been able to get to $35 trillion of debt is we've allowed it. And we keep voting them in. I remember in the 08, Neil Cavuto, said to me on TV, when we handed them $7,800 billion to help out the banks that with so many people committed fraud.

He said, oh, they're normalizing the number trillion now. And that's what they've done. The media has been complicit with it by not covering it. By the way, now they're covering it. And by the way, state financial officials are calling for debt and deficits as national security threats. Do you know why all of a sudden they're speaking up now? Oh, that's right, because you've got a president that's speaking up about it with this commission. So I don't care about the Trump train, the Trump administration.

I couldn't care less who was running the show that came up with a commission like this. I want to be a part of it For this person to have a reach To call me a disgusting Imagine using the term Disgusting Human Being For somebody that's never committed a crime And somebody this person has never met

Now of course, as usual I was very charming back Didn't curse him out Didn't jump down his throat Wish them well But ask them to think about it We'll see if I have still haven't gotten email back and it's been a few hours.

Anyway, I'm just bringing this up because I think it's about time, all of us. Enough with the teams. We can definitively argue policy big time, big time. You know where I stand on everything. I'm the polar opposite of the left. The Biden administration night. Marish. My exact coin phrase every day is we cannot continue the trajectory of this administration. And then, of course, it would have been Kamala Harris, which would have been worse.

And then we said, my hope is, and of course. And we also said, we will back whoever's running the show. But we will call them on the carpet if they. fill in the blank. We have already said, why the hell are you picking this guy Gates as Attorney General, the number one lawyer that may or may not committed statutory rape? That's the Trump train? No, that's just me being straight down the middle, not caring about R or D. We should all just look for good versus bad. And bad is bad. running massive debt and deficits. Good is having a commission to address. And let me just tell you,

straight out, Elon and Vivek, I'm calling them by their first name, what the heck, wait till they find out what's underneath the rock and what they have done. The amount of waste, sleaze, corruption, giveaways to donors and friends from both sides of the aisle? I guess the term is they're going to be better careful what they wish for.

They're not going to believe what they found, what they're going to find. So there's no Trump train here. There's no team here. My team is my kids, my family and the future of this country. And I will promise you here going forward if Trump does great things, I will praise the hell out of them.

If Trump does, you know, the baggage, I will call them on it. We have no bias. And frankly, those that kiss the rear end of any politician, regardless of their bad, are the politicians' enemy? I'm the friend. because great constructive criticism in order for them to take a step back and do better, that's a friend. So I want to thank this emailer.

I hope he has thought it over and will email me back with a kind apology for calling somebody a disgusting human being. You want a disgusting human being. They found that, I can't use the word, guilty who murdered that woman in Georgia. That's all. It's 2-10. Enjoy the rest of your day. Hopefully, Nvidia reports well. Adam will be here tomorrow. I'll be on Friday. Stay well, be well. Thanks for joining us. And when you get home, do 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.

Peace out all. Good night. been Investors' Edge with Gary Cultbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryKK.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.

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