Investor's Edge with Gary Kaltbaum - Good Followup [09.12.2024]

Episode Date: September 12, 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 Coltbaum,

your host. A thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is Thursday. I believe it's September 12th. It's 2004. Hope you're having a good day. I know it's Thursday because I pack Thursday because every Friday now I leave to go up to New York to visit both my parents, 91 and 92, father back in the hospital, two fractured ribs from falling. The doctor says to me, oh, but there's no big deal. I go, wait a minute, he's 92. He has two fractured ribs. Yeah, but the fractured ribs are okay. They'll just heal themselves. Welcome to my world. Anyway, thanks for being here. As I said to you, my brother's the big hero. For the rest of my life, I will never forget what my brother has been doing for my parents, as he is there all the time.

I am not. I'm averaging three days a week. And fortunately, I'm able to take my office with me, as I have said to you, I have four screens that go with me anywhere I go. If I have to travel to Europe, if I have to travel to Europe, my four screens. And the market opens like 1.30 or 2.30 in the afternoon. If I have to travel to Hawaii, 4 in the morning to 10 a.m., something like that. If I happen to be in Asia, the market opens at like 8.30, 9.30 at night to 4 in the morning. And yes, I will stay up. That's how I roll.

And I must tell you, the last time I was on a cruise I had, I couldn't take the four because they didn't have the great internet. So I took two and they were all wondering what the heck when I was doing with two computers. The good news is now I'm hearing on the cruises, they now have Elon Musk's Starlink and the internet is fabulous. And I'm hearing Starlink may go into, I think maybe is on airlines already. So always good to hear that because I'm a traveling dude. And I love take and I love my job. So I don't mind, you know, working while I'm traveling. Anyway, that's a little bit of this and a little bit of that.

In case you don't know, this is serious talk on everything that affects you. We ain't screwed around right now as we head into the election. We pull no punches. We'll discuss the election. We'll discuss the proposals. We'll discuss the BS. We'll discuss the economy, your job, the markets, your industry. industry, employment and taxes and deficits and spending and scams and shams, corruption.

If you don't get this show in your city, this radio show will post it at garyk.com. We'll also post it at our Twitter feed, which is now X. And if you do not get X, you should or follow us on X. You should. And if you want to email us, just be nice. I just want to state that right now we are pre-tape in this show. We usually do, we pre-taped the show, and what we do is every now and then I do the 4 o'clock Fox News with Neil Cavuto. So today we're pre-taping, but we'll stop in between.

Then I go on Fox News. And by the way, I only knew at around 11 o'clock today that I was going on. That's why we didn't tell you yesterday. and I think one of the things we're going to be talking about right now is taxes because there's a whole big thing now going on about taxes, your taxes, my taxes. And I watched an interview with Neil today during his noon show and they had somebody on from the administration just ripped,

Trump on taxes and what and given tax cuts and I'm thinking to myself Janet Yellen weeks ago said the problem is tax cuts these people think it's their money they really do they really believe it's their money and they give it to us we don't give it to them and I'm going to go on with Neil if he if I'm pretty sure he's going to bring it up and I'm going to specifically state to Neil, Neil, look what we have to do. We're actually talking about taxes and how much we have to pay going forward. When we should be talking about them who's talking about our taxes, let me give you two numbers, ladies and gentlemen. The first number is $307 billion. Do you know what that number is? That's how much money we the people sent to the federal government in August.

$307 billion. They spent $688 billion. The deficit for August was $381 billion. But we're talking about our taxes. They're freaking out of control. The con is so gargantuan now I can't even begin to tell you how big this con is.

They ran a $381 billion deficit and we're the problem because we're not sending them enough. Every year we send them records amounts and the problem is we send them a dollar, they spend $1.30, $1.40. That'll be my discussion with Neal. And as you know, we told you there's a great con going on. Spend us into oblivion first and then come after the wallets.

It's a con. It should be a crime. But there are no crimes in government. It's just ethically bad. Do you know one of the Fed heads has now been found out to do an insider trading? They say it's bad ethics. We'd be arrested. So I just wanted to bring this up because I heard people talking about how much we should be paying in taxes.

And I can't say this on TV. I can say it here. I would say to them, those politicians, on us wanting to, that they want us to pay more. Up yours. Control yourselves. Stop it. Anyway, that's that. We segue.

So yesterday, we told you, and we used. the same we use the same verbiage when we have a day like yesterday where the Dow was down 700 and finished up 100. The NASDAQ was down 200 and had a big day. We call that a big gigantic reversal to the upside. And typically, this is what we said to yesterday. Typically, normally and usually, it leads to more upside testing. But you never know, nothing's ever 100 percent. We'll see what happens. Well, today started slow. But as I speak, as we get near the close, the Dow's up another 220 and the NASDAX up 163. So, a continuation. I can safely tell you how far. I don't know. Does it last? I don't know. What I did know coming into today,

at the end of the day yesterday, the thought process was probably going to get some upside testing. And I will tell you in the morning, it didn't feel like it, but middle of the day, all of a sudden, buttons got pushed. And I say that sarcastically somewhat. And they lifted the market off to where we're closing pretty darn good. There are some warts on today. We'll get into that in a little bit. but nothing really untoward. And we're seeing some leadership in the market.

We're seeing some breakouts, which really hasn't happened. And we're seeing some things actually work, which really has not happened. And again, we don't know how long it lasts, how far it goes. And we are not at new highs in the end of the season. NASDAQ's not even close. The semis not even close. NASDAQ 100 is not even close. The Russell 2000 is not even close.

The mid-cap 400. not even close, but definitive improvement off of yesterday's reversal. And what happens on a day like yesterday? As we said yesterday, it's sort of kind of a washing out of sellers when it's down so big and finishes the way it did. And now we'll see whether the market has juice next week we have the Fed, which will be on Wednesday. It is the most anticipated rate cut in history because it's been telegraphed for weeks and weeks and weeks. My own worry is, is it going to be a sell the news? Answer is I'm not sure,

but we'll cross that bridge when we get there. All we know is we had a very good day. We finished well today. And again, We'll take it. Hey, up next, we'll go in depth into the market. 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. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be,

call us to make an appointment for a complementary portfolio review. The number to call is 888-4-22-559. That's 888-4-22-5-5-9. That's 888-422-5-5-9. Investment Advisory Services offered through call-bomb capital management. 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 put it. 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. Struggling to see up close, make it visible with Viz.

Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer dark vision, headaches and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. Cashflow crunch. OnDec's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it.

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It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. And welcome once again to Investors Edge.

Thanks for being with us today. I got a lot of emails from all of you about my, if I was in the debate segment and you all agreed with me. And many of you said, darn wish you were in that debate. It would have been a knockout blow. Knockout blow to Kamala Harris if I was on that debate. Knockout blow. Trump had a chance for the knockout blow. and he blew it

horribly terribly stunningly he blew it it was a gimmie but as we've said to you on this show the biggest prom with him undisciplined

and maybe that's what makes you like him I don't know as I have stated to you I can take him or leave him but on the other end since it's a binary choice. I don't choose him.

But we cannot continue with the trajectory of what Kamala Harris is trying to do this country. And that is massive growth of government and using you the taxpayer to do it. And if they don't have enough, screw it. $2 trillion plus yearly deficits. Two trillion yearly deficits. trillion yearly deficits. Just so you know, listen carefully. The federal budget in the year

2000 was $1.8 trillion. Now we're running $2 trillion deficits. Are you kidding me? You get my point? It's abuse. And the problem is, I don't think we've let them. I don't think we want it. They're just great at it. They're just so damn good at the con. And they keep telling us it's, well, it's Social Security American. Those are government programs that they screwed up. They forgot about demographics. They don't take care of all the fraud in the system and the cost of the system.

They're killing us. They're absolutely killing us. And you know why we don't know it? Because we're so damn great. We keep chugging along. We work our asses off. Every day, each and every one of you and I to do better for ourselves and our family. We want to grow.

We want to stretch. We want to do better. We want to own. We want to give. We want to be philanthropic. We want to create. And because of that, we keep moving north, and they keep taking out a mallet and pounding us over the head. Pounding us over the head.

And today, all they were talking about was taxes. That tax cuts are the problem. And they're lying out their ass. That tax cuts are the things that cause the deficit. It's their spending. don't believe a word they're telling you. They're con artists. They really are. We used to have honest politicians.

No, really. We used to have honest politicians. No, really. You actually didn't have to fact check them. Now fact checking is an industry. Because their facts are both. crap. Think about this. We sent them last month, $307 billion of our hard-earned dollars, hard-earned. They spent $688 billion. That's all I got to say. Not much earnings coming up, but I do want to tell you Adobe, which is an important software name, one would state, is getting smoked in the aftermarket.

absolutely smoked. It is down loo. If I can figure it out, I can tell you. It closed at 586. It is down 40 bucks in the aftermarket. And we'll see what that means. I know what it's going to mean to Adobe in the morning. I don't know what means to anything else. And that's that. To me, the biggest story is what's the reaction going to be next week with the Fed. I wish, by the way, if I was president, there would not be a Fed in the shape that they are. Every six weeks meetings, I would change it to every quarter at most, unless there's an emergency caused by them in D.C.

They're not even necessary. they're actually meaningless. They will not affect the job with any move that they make, whether it's a quarter or a half point to the downside. They will not affect the economy, even though they tell us they control things, which is another one of the big lies. They can affect the market.

That's about as far as they can go. That's it. again if I was run in the Fed if I was the president it would be every I think they need to be in business every quarter and it would be illegal for them to print money illegal absolutely illegal why because I believe in free markets and not the whims of one man and the ability to to $9 trillion, which is what they have done. By the way, when Ben Bernanke started the money printing, when he told us he had to money print because of the problem with the banking system that, by the way, they oversaw and screwed up, he said it was only for the short run.

Only for the short run. Up next, more on these markets. I'm Gary. This is the one only 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 CBS 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 kick 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. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dim or dark vision, headaches and eye redness. Talk to an eye doctor to learn if Viz is right for you.

Learn more at Viz.com. 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 OnDec or Celtic Bank. OnDec does not lend in North Dakota, all loans an amount subject to lender approval. We'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. And welcome once again to Investors Edge. So I said to you that, you know, we're pre-taping right now. And I may go on Fox News, but Vice President Harris is speaking. So I may be preempted by the Vice President, which, by the way, has happened many of times. I think I was preempted about in four years of Trump, I think I was preempted about 15 times, maybe even more. Well done. Let me spend a few minutes on who I follow. I don't do this often, but you really should. There are certain people that I just think are above. and beyond really good in this business.

And we've given out a few in the past. They don't know I'm mentioning their names. I don't get anything for it. I always have to say that up front. We do not take in anything. Just so you know, throughout the years, I've had crappy penny stock companies call me up and offer me $25,000

to come on the show and do 15-minute interviews once a week for a month. I got offered that, but it was a, you know, it was Drek. We will never, ever, ever compromise, ever, ever compromise. So just when you, just these are people that are on Twitter and you can go investigate yourself, do your own legwork. One gentleman's name Dan Zanger, Z-A-N-G-E-R.

He is well known for many years ago, took a certain amount and made bazillions. I do believe he's got a website. He's got a website and I think you pay and he gives out stock picks and stuff like that. He's a very much high beta growth guy. Really good eye. And I mean really good eye. You can just go on Twitter and check them out. I've had Gil Morales on.

I just was texting with Gil the other day or emailing, and he'll be on the show. I'm going to bring it in the next couple of weeks. Gil Morales was a portfolio manager at O'Neill, and I just dig the guy. I really do. Very bright, great eye. I'm not sure I've mentioned this person's name. I may have once Mark Minervini, M-I-N-E-R-V-I-N-I-N-E-R-V-I-N-I. He's just got game.

I believe he's won the U.S. Championships. He's got a very high-priced email service or whatever kind of service. It is very high price, but he's up there in the scheme of things of somebody that, again, has some big game, if you ask me. That's Gil Morales. Ooh, they're telling me, I should get on TV, but they'll confirm shortly. Okay.

Look how we're doing things, and you won't even know it, because by the time you're listening to the show, I'll already be on. How about James Ruppel? R-O-P-E-L? Brilliant. And there's many articles on him.

I believe his handle at Twitter is upticken U-P-T-I-C-K-E-N that's up-tickin James Rople He's probably got a service also By the way, they compete with me And I'm still mentioning them

With these little email services I'm sure you've heard about Dan Niles One of the great technology analysts out there you can go look him up also. He's one of the fundamental guys, and let me be clear, I don't follow a lot of fundamental guys. In fact, I can count on a hand

the fundamental guys that I actually follow. I don't follow analysts, though I have something called briefing.com that I pay, I think about 500 bucks a year, that has all the analysts upgrades and downgrades and initiations, and I'm always checking that out. But I don't ever act on analysts. And in fact, when a stock breaks out on an analyst move, I will tend to like, give the move less weight. And not an indictment, but I just think analysts, I think they're trend followers at this point.

As I said, I just saw somebody change their buy rating on Super Micro from $9.50 down to $500 when the stock was at $400. And again, we're not trying to indict. We're not going to name these people. We don't take on anybody in this industry. We have respect for everybody in our industry is the ones that are above board. And we know how tough the industry is. But we're just giving you an idea that there's only a select few people we follow. We've given out other names in the past.

We're not going to repeat those names. These, I think, I don't know if we've named them in the past, but I thought I'd name them again. They're just very much worth following. And there's two words that come to mind, good eye. And I'll give one more, Jeff Cooper. I've only met him a couple of times when I used to write. for trading markets.com. We had a convention.

I met him there. His Twitter handle is X handle, Jeff Cooper Live. Now, when you start looking his stuff up, may I state for the record, unless you're Sheldon Cooper of the Big Bang Theory,

I'm not sure you're going to be able to understand it because I got to tell you, I don't understand half the stuff he puts out. But definitely worth. uncanny ability out of nowhere to say

today's a day or tomorrow's the day for a change of this or a change of that and nobody's ever 100% in this business but man just a very good record and just another person that I follow and again there's very few but I'm always searching

and on Twitter what they have actually they have a place where people I follow that I get whatever they put out but I also have something that says for you and somehow Twitter X has these algorithms that will send me other people that do the things

the people I follow and then I'll find somebody else hey look at that look at that this guy's got some game So we'll just keep coming at you. And again, we're not advocating anything except these are the people that we follow. Simple as that. That's all. And again, I have to repeat, there are not many.

There are not many. And I'm always wary. There's some weirdos out there, ladies and gentlemen. and I'm also very wary of what we call the charlatans. And anybody who's touting crap or penny stocks or bulletin board, and by the way, I get emails every day to bring on somebody

that on the radio show talking about bulletin board things with no sales, that ain't going to happen. And that's that. We also got asked by more than a few people about polls in the in the presidential election because we have stated in the past with segueing by the way we're just you know have you seen some of the polls by the way they all argue with each other i've seen polls that have Kamala harris up five and seen polls that have trump up five i've seen

betting odds that show trump i forgot the guys named nate silver that has a 68% chance of Trump winning and another one that says Trump losing 40%. I got news for you. It's going to come down to probably now three states, not even five or six anymore. And it's going to come down to thousands of people in states that have millions of people. That means every word is going to count, everything that's said, every movement. And that's why we've been on this show talking about discipline and the debate. and missed opportunities.

And again, we have no use for either. We just don't think we can continue with the trajectory of what they've been doing for the last three and a half years. Up next, what else we got for you? I'm Gary. This is the one only investors' edge. Hi, I'm Dr. Jay 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 have a stomachache every day. Or I'm constantly feeling like gassy.

And all of those things are not something that. 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. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer, dark vision, headaches, and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. OnDEC 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 help make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust-pilot reviews. On-Dec delivers funding you can count on. Apply in minutes at on-deck.com. Depending on certain loan attributes, your business loan may be issued by On-Dec or Celtic Bank. On-Dak does not lend in North Dakota. All loans and amount subject to lender approval. You're listening to.

What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Investors Hitch. With Gary Culp, And walk once again to Investors Edge. You may not know it, but I just did Fox News with Neil Cavuto.

It was a little shortened version because Vice President Harris was talking. We talked about McDonald's with the $5 meal. They're going to continue with it. It is definitely attracting customers. McDonald's stock has been acting better because of it. But there's a reason they're doing it. There's a price conscious consumer. And you got Burger King and Wendy's and steak.

and shakin, Carl's juniors, that are at $4 meals. And the other part of the equation you are now seeing out there is, have you noticed the automobile ads that we hadn't seen in a very long time? Zero percent financing? I saw one zero percent financing for seven years. Who needs a seven year or zero percent financing for an auto? Do you know why they're doing that? It's simple.

They're not selling cars as well as. they did in the past. I'm also seeing what they're calling employee discounts. We're going to treat you like an employee. 7,500 off the car. Just remember what sales are. We're not saying businesses are bad people, but we are saying they're not generous people.

They're trying to make profits. They're doing it because they have to move. They have to move inventory. And as we get towards the end of the year, and the 25s are coming out, they got to move the 24s. And if they have too much, well, that's your moment if you're looking at cars, by the way.

And I'm seeing it in droves in a lot of things. You know what else I'm seeing? Just letting you know. And these are just little tidbits that I follow. The high end. I don't know if you know it, but there's been a bubble in watches. Rolex watches?

Oh, they're falling off a cliff, the price of them. They went insane to the upside. And you couldn't even get any. Real estate. I can just tell you what's happening here in central Florida. We have an area called Windermere. It's beautiful. There's Isleworth, magnificent country club, Keynes Point, Lake Down, beautiful.

There's like 400 homes for, sale a million and higher. Do you know what's happening? You got people putting up homes for two and a half million dollars that were one and a quarter million four years ago. You know what the next thing that happens? Six months later they don't move. The two and a half goes down to two. We're seeing a lot of that going on and I'm not saying it's bad. I'm saying they put up fantasy land prices in many areas. I go on. I go on on zillow and realtor.com. I go on Zillow every day, but I go on others a few times a week, and I go look at Miami, Boccaritone, Tampa, Naples, Fort Myers, Orlando, Jacksonville.

And I must tell you, inventory picking up, prices coming down. Pending's going by the wayside. And then I look at other cities across the country, and there's a lot of that going on. Fantasyland. And God bless, I got to tell you, I saw a home go about six months ago, who's put up for $2.9 million. And somebody bought it. It wouldn't go for $2.2 now. So you just never know.

It's all about the timing. So we're seeing markdowns and discounts and good news. Yields 10-year 3.68. Mortgage rates are down more than a point at least over the last. seven, eight months, that's good news. It's not really moving things because of the three-eight, which is now a three-six, and that is who the hell wants to sell a house at three percent, mortgage, and then traded in for a six and change. It was up to eight. So there's a lot of moving parts going on right now, and we'll stay on top of it for you. But the most important part

for us, watch the markets, very good. They telegraph things pretty well. But I will tell you the last two months have been insane. I could tell you on a Tuesday the market looks like it thinks a recession is coming. And on a Wednesday, it looks like an expansion's at hand. And sometimes you get that kind of craziness. I call it the Xanax market. A little bit of news. Well, first off, Adobe, very important software company, is down $56 in the aftermarket, $5.86 to $5.30.

and I look around to see is it really affecting things and the NASDAQ 100 not even budging maybe a tenth maybe 1.15 not much I'm looking around to see it affected any other software names Microsoft's down 20 cents that's software so we'll see what tomorrow brings but another good day another follow-up from yesterday and again look like yesterday was one of those nice little reversal days and today helped and oh let's look at oracle in the aftermarket oracle's up seven bucks in the aftermarket i don't know what the news is wow that's a gap to the upside i almost bought that today and i'm showing seven up seven bucks in the aftermarket i don't know why raising its sales outlook for 26 a billion dollars

That's it, a billion dollars, and they're raising it and it's up seven, that's nice. Damn it, I should have bought that today. Oh, well, can't win them all. Late breaking news, Trump said he's not doing another debate. And since we have been covering that for you, that is so stupid that he's not doing another debate. It makes absolutely no sense. Just my opinion. you have a layup

to prosecute Kamala Harris on the last three and a half years a layup to do another debate and prosecute the last three and a half years not even on opinion just the numbers I don't know if you know this but people really care about immigration and what's going on in some of these cities the numbers people really care about the price that they are paying for things.

They really do care about the price they pay for things. And everything is up. I guess he hasn't been listening to this show. Anyway, tomorrow we'll be on with Neil Cavuto again on Fox Business Network at noon. We'll see what tomorrow. Oracle's up. Adobe's down. Two software companies.

You have a great evening drive carefully. And when you get home, do like we do, quite simple. sure you hug your family make sure you hug your children they will feel better you will feel better i promise thanks for joining us peace out all good night this has been investors edge with gary cult bomb on biz talk to listen to past episodes or to get in contact with gary go to garyk 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,

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