Investor's Edge with Gary Kaltbaum - Good news...he caved! [04.09.2025]

Episode Date: April 9, 2025

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That's Tommyjohn.com, Code Comfort. Tommy John. Comfort perfected. 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're here, ladies and gentlemen, and happy that you are listening. As always, this is Investors Edge serious talk on everything that affects you. We will do the markets. We will do tariffs. We will do your job, your industry, everything else that comes around. And 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 if you'd like to email us, just be nice. Ladies and gentlemen, trying to get a feel of how I want to do this with no bias, agenda, Or ulterior motive. So let's start with number one. I am 1,000% against the tariffs. We have been telling you that. We have been telling you that it was a nightmarish economic policy that would doom markets.

It would doom economies. It would doom the midterm elections next year. Why? because tariffs are a major tax on the people who bring in the products. We've explained that to you daily on this show. We have told you that that economic policy is folly makes no sense from an administration that says, very simply, tax cuts of the answer, but they were all for tax hikes. The president had said, and I am quoting him,

Tariff is the most beautiful word in the dictionary. So for weeks and weeks, it was a tease. For weeks and weeks they had said, Tariffs on this day, and then they stopped it, and they didn't do it. Tariffs on this day, and then they didn't do it. Tariffs on this day, exemptions, which led us to the Rose Garden last Wednesday. When leading up to that day, we were told by the

And by the way, at that point, we were in a bearish market. At that point, we had already told you at that time that the semiconductors near New Yearly Lows, transports near New Yearly Lows, all kinds of retail at New Yearly Lows. So just a lot of things that weren't working already into the Rose Garden on Wednesday. and the first thing that happens is he talks about a 10% tariff. And the market starts rallying. And then he takes out a poster board with, I don't know how many countries, and the market crashed. It crashed Thursday.

It crashed Friday. Monstrous drops in an already weak stock market. And throughout this time, on Monday, on Monday, day we had another rough day with wild swings. Yesterday we had another rough day with a terrible clothes and overnight last night, the bond market all over the map. And during all this time, the president has stood fast. His advisors have stood fast. The tariffs are necessary. It's the right thing to do. And we don't care. And they're going to answer to us. and 50 countries are finally caught.

They couldn't even name a country. Whatever. I'll be getting to my point in a second. And what have we been telling you? They better get off this. And we've been trying to send a message to the administration, but we didn't get through. That you have no clue what you're doing. We have been telling you that it was a gargantuan mistake.

How are you sitting here crashing markets? And the president said to us, you just need to take your medicine. That's what he told us. You just need to take your medicine. And I castigated him on that. That's like one of the most disgusting things to say while your country is losing their ass.

And his advisors would come out. This must be done. And we're telling you it can't be done. And every day I'm just pondering how are they, Isn't fear going to change their mind? We know for a fact, and we know for a fact that they are catching hell from politicians in the Republican Party that are worried about their re-election. We know they're catching hell from their friends in big business. We know all this.

And a bunch of them actually went on Twitter or X, castigating them. and a bunch of mucky mucks. And the pundits that love them were saying, tariffs are okay. It's fine. It's this, it's that. And we're telling you they got to get rid of them. Well, on Monday, there was a rumor

that President Trump was going to pause the tariffs for nine months. And within 30 minutes, the Dow rally 2,600 points. A few minutes later, it was not true, and the doubt got right back 2,000 points. And then we got it to yesterday and just another miserable day. And today, at least the market was hanging in there all day in the morning. The NASDAQ was a little bit better, but we started seeing some weakness in other areas of the market. And early in the morning, the president, on his, what is it called, truth social, he put this message out. This is a great time to buy.

And that pissed me off. The reason why it is is because the president should not be doing that. He already had Bozo Navarro out two days ago saying you had to buy, and the market got trashed again. I don't want my president telling you to buy the market. So the question is, well, it's not a question. He obviously knew. And I'm not thrilled that he already knew and did that. No, I'm not thrilled. But at 1.21 p.m. today, President Trump says between 119 and 121, pause on the tariffs for 90 days. All the tariffs gone.

On how many countries, 100? A pause on the tariffs. the Dow ran up 2,500 points in nine minutes. Nine minutes. The NASDAQ at the close is in the midst of the day that gaped down on the crash. That's how much it's got back in one day. That's how important the tariffs to remove them were. We told you.

and out of nowhere President Trump authorizes a 90-day reciprocal tariff pause for 75 countries but added a tariff on China and they have the nerve and by the way I'm not making this up they have the nerve and I'm going to say that

they have the nerve to have White House advisors come out claim that their flip-flop on tariffs was always the strategy, that the past week of massive tariffs that triggered huge market losses was all for show. Well, let's get past this. They're liars. They're full of crap. Fear took over. They changed their stance. They had no choice. Markets forced them. Their peeps forced them. Good.

I'll give them a compliment. They actually did move. Now they should shut up. Stop lying. Stop bullcraping the American public. And don't say the word tariffs again. It's still on China. and we don't know the outcome of that.

They came out and said, oh, we now box China in because we're being nice to everybody else. No, there was no strategy. There was no plan. The markets crashed, and they crashed them, and they had to unwind it.

And guess what? They did. Up next, the full outcome are thoughts. This is the one to only invest. 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 885-9. That's 888-4-2-4-2-5-5-9. Investment Advisory Services offered through call-bomb Capital Management. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day.

Their zero-chafe thanks to four times more stretch than competing brands. And their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with CodeCompert. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected.

This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your?

Your wallet, terms apply, lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker, the platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple.

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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 I have to say a couple more things, and then we'll get into the crux. Do you know how much trust there is in Washington, D.C.?

Do you know how much trust there is in Washington, D.C.? Do you know how many people are saying that they believe that he and others? Front ran this and brought up the market before they announced it. A ton of people. Trust is gone in politicians. By the way, Republicans are saying that. People are saying they want an investigation of all their accounts on any buying of the markets before 115 today.

That's how much trust there is. And you know what? I can't blame them. And by the way, that's not a rib necessary on Trump, but the whole freaking political class. Now I'm done. As you know, not for weeks, but for months. We have guided you away from all the bearish areas of the markets.

Before the crash, well, let's go through them. the all-important semiconductors. The semiconductors topped out all the way back in July, and then came down and can never get back to the highs and just croaked again from 53-66 down to 3,500. It was up 18% today, the semiconductor index. Still in a downtrend, but a damn good move today. The retail stocks topped out in December and was slaughtered, up 9% today.

I went through them all, most all, remain in deep down trends. But when you get a Dow up 2,900 in the S&P 474, By the way, I think that's like on the S&P, let's say, that was up 9.5% today. The Dow was up 7.8% today. Everything's going up. Everything was green today. Case closed. The housing stocks topped out way in the October, November, and were crushed and are still in a downtrend, up 7% today.

The materials topped out way back in October, up 8% today, still in a pretty protracted downtrend. The oils, the oil production and exploration topped out ages ago, up 11% today. The oil services topped out ages ago, up 12% today. The big oil, which was actually okay recently, up 7% after the cliff dive recently. Foreign markets have been trashed in the last week. All had a good day today. But as I scanned them, they're going to be climbing up a rope in here. The big mega-cap names, monstrous day.

But all in perspective. The biggest names, are you ready for this Microsoft up $34 to make it 36? 10% popped out last July at almost 470, closed at $390. Big day for Microsoft in a pretty good downtrend. Nvidia, up $17 today. Make that $18 to $114, up $18.14. Up 18%. Topped out.

Well, still trading where it was last May. Still down 20% from last June. And still down 28% from the highs of January. Google. Up 9% today to 158. It was 207, 8 weeks ago. Catch in my drift? Tesla up 49.

That's going to benefit. Make it 41, but up another 7 in the aftermarket on horrible numbers. It was 488 in December. It's 270 in the aftermarket right now. Meta up 73 today. Make it 75. Still down $165 from seven weeks ago. You see what I'm saying?

All in perspective. But we're not going to take. We're not going to throw cold water on today. Amazon up 20 to 191 was 242 a bunch of weeks ago, still in a downtrend. Netflix up 71 today to 942. That's one of the better ones. We have harped on Netflix and Spotify, DoorDash, a little bit of Palantir as real good relative strength. They had good days today.

Well, I take that back. everything had good days today. The worst of the worst were up today. Seven, eight, nine, 10 percent today off of, let me be clear, a complete and utter change of economic policy from up high, from A to Z. And let's hope he doesn't do that again. That's always. the worry. Would he even consider doing that again? Have they learned their lesson? We hope so. The market has put in a low. More than likely, the low. Will it back and fill retest some? I don't know. What I do know is leadership always shows us. Always shows up if we go into a bullish phase, and we are ready. That's it. Economic policy, via the market,

fear and greed, change the playing field today. Let them bullcrap you all they want, that they were in control. Horse crap. The market was in control. The market was in control. and they had a change to a swage. Notice the big word, a swage. I don't think I've ever used that word. I'm actually going to have to look up the definition, but I'm pretty sure I'm right.

And let me compliment him again. Good move. That's all on that. Up next. What else? This is the one only investor's edge. It's no use. putting it off.

The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day. There's zero chafe thanks to four times more stretch than competing brands. And their innovative horizontal quick draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort.

Tommy John. comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet?

Terms apply. Lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster.

The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin's swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to.

America is talking. Investors Edge. He's got to be pleased with that the crowd is just on its feet. here he's a Cinderella boy with Gary Colbomb comes highly recommended you're gonna feel better if you talk to him I looked it up

the word of Swage I used it correctly nice I don't even know how that word came out my screens are green the moves today

quite the quite well when the index when the NASDAQ, let me give you the final number, the NASDAQ 100 was up 12% today. Average stocks will be up 15%, if not more. Got that? It was 15, even the mega caps, Apple, 15% Apple. You know what it takes to move in Apple?

Keep in mind, Apple has gone from 260, and it closed today at 198 and change, including a 15% move today. That's how bad it's been. The market's been crushed, blasted, deep dives. So you caught a lot of territory today in everything. I'm seeing 10 to 15% moves, and by the way, it all happened within moments.

I give it about three, five-minute bars that most of it happened. Out of nowhere. But I must admit, he gave a heads up. Early in the morning, this is a great time to buy. And I was pissed at that. And I never thought he was hinting. And that pisses me off more that he. that he actually hinted it.

Let's hope they never do it again. The Trumpians are telling us it's all about art of the deal and using leverage. We just want to finish up by saying there was no leverage, there was no art of the deal. They were getting their arses kicked via the markets and they had to find a way to get out of it. So they came up with the story.

And by the way, it's a great story. We did it all on purpose, and now we boxed in China. Whoever came up with that, I applaud. Back on the market. By the way, before this happened, I had 100 things. I was going to do a tidbit day today. A tidbit day. I had all kinds of stuff about,

what things were saying, like, get this, Amazon cancels some inventory orders from China because of the tariffs. Coffee in the U.S. get even more expensive because of tariffs. I was going to do all this. Canada's 25% auto tariffs from the U.S. are in effect. Oh, what happened to the 25% auto tariffs? I guess those are gone, too. Boy, what a bluff. Car makers are holding thousands of vehicles at U.S. ports and temporarily halting shipments as they seek to minimize the fallout from tariffs.

That's why they moved. The European Union has placed 25% tariffs on U.S. orange juice, poultry, saw bean, steel, aluminum tobacco, yachts, and almonds because of tariffs. so they caved. And for the economy, we are thrilled that they caved. We'll never believe a word coming out of his mouth. We will have to, just like we did with Biden,

verify, because if they're going to BS on this, they'd BS on anything. But I guess I can say that about every freaking politician, right? I still remember Obama. And what's his face? I forgot his name. Gruber, Jonathan Gruber.

There's a video of him saying that Barack Obama lied to the American public about Obamacare in order to pass it. And the reason why he was able to lie is because you're stupid. I'll never forget that. 98% of American footwear is imported. There is no way these shoes can be supplied domestically anytime soon. So prices will rise by the full amount of the tariffs. The result will be fewer shoes sold at higher price. on the bright side the shoe repair business will boom these are the reasons why the market did what it did

and these are the reasons why they caved because they had no control and whoever talked them into doing this big standing ovation it wasn't me because they don't know me but i would have been his hero what do you do now in the markets. We're simply going to look for leadership. Hopefully, this is it. Hopefully we get past it all. The only worry is what happens on the 90th day, is that we're going to have to deal with that.

And there's still the China issue. But today was momentous. No cold water. Today was a momentous move in nine minutes. and more because it kept moving up. I have no clue what happens tomorrow, but I would suggest to you the last four days of nightmare that low is in. I doubt it even pulls back if it does halfway of today,

unless he changes his mind again, which I'm pretty sure ain't happening. And we'll just look for things. That's all. Case closed. Let's hope that's it. By the way, did I say the Dow finished up 2962, S&P 474, NASDAQ 1857, NASDAQ 100, 2005. The transports 1275, and they still look like crap.

Damn, are they way down? The semiconductor index up 18% and still looks like crap. Did I tell you the financials were strong today? Of course they're going to be strong today. 8, 9, 10% moves. Goldman Sachs up 54 bucks. After dropping 200 bucks. Still in a big downtrends, though.

And I can go on and on and on, but I'll just be repeating myself. It was a big up day. And let's see, the Dow has not gotten back to crash. In fact, the Dow would have to go up another 1,600 points. to get back the crash. Will it do it? Probably. The S&P would have to be on a percentage basis the same amount.

The NASDAQ, let's see, to get back the crash, only about 4%. But still, by the way, the NASDAQ is still 15% below the highs of February. Gold strong Dollar was weak all day came back at the end and just a sea

of green I've already scanned once today we'll get a double scan and man as I look around just a lot of 10% moves we really hope he learned this lesson you can't be the president of a $30 trillion economy

and change complete economic policy on a whim forced by the markets. The lovers of Trump are praising the hell out of them. Up next, I'll figure something out. I'm winded. I'm Gary. This is the one only investor's edge. Guys, it's no use putting it off. The best time for an underwear refresh is now.

Tommy John Underwear is designed for a perfect, fit that stays put all day. Their zero-chafe thanks to four times more stretched than competing brands, and their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com Code Comfort. Tommy John, Comfort, perfected. This message is brought to you by the Capital One VentureX card. VentureX offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect.

Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital1.com for details. This episode is brought to you by Spreaker. The platform I'm responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster.

The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Sprinker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to. What are we waiting for?

Well, what are you waiting for? One, two, ready, go. Inversters Edge with Gary Culper. And we'll once again, two investors edge. So my 93.5-year-old father is in the hospital. Pneumonia, fluid on the lungs. The doctor says his vitals are good. They took out, got rid of the fluid.

They're trying to check out where is it from. The big issue, as the doctor said, is he's 93 in change. So we're keeping fingers crossed. He's a strong man, a great mind, strong mind, strong structure. And we'll keep you informed. As you know, my mom passed on Thanksgiving night, 91. So lived great long lives. as I said to you that day

I was heartbroken but relieved at the same times because of what she was going through and I did not know what people would think of that statement everybody said that went through the same thing with my father though I'd love him to be around to 110 we'll keep you informed on that and things are quite moving along and if I'm not around

Adam will be doing the radio show and we'll give him notes as we see the market and as you know we bring our screens with us. And again, I'm just taking closer look at the screens and just absolutely amazed at the jam. But it's pretty much what they did on Monday. And I have to tell you on Monday, when it went up 2,600 points, I was like, like crap. And then it dropped 2,000 points. I was like, okay, they'll give us a chance. Well, today, 2,500 points in nine minutes. But then I scanned it, did not say crap. And the reason is, I sure hope this is the low because opportunities going to show up left and right, up and down, and all around.

And as we said, we're going to do a double scan and get a feel. But I'll tell you what I already did. I already scanned 85 semiconductor stocks, about 80 retail stocks. I scanned, what else did I scan? I scanned all the economically sensitive stocks. They had monster moves today. They're all remaining in downtrends. This could be the low and they start breaking the downtrends, but I'm just letting you know after scanning, that's how bad things were.

I also scanned the financials. And like PNC Bank was up 7% today, $10. It's in a protracted bare market. So there's going to be opportunity if this is real. There will be opportunity. and we'll let you know. We've already told you which names are the strongest and the cream will rise to the top.

But today was a massive short-covering jump-on a complete change in economic policy from the President of the United States, a complete opposite change based on fear of everything. I got news for you. The economy was going to take. credit market's going to bite. They were going to lose the election. Hands down. Their poll numbers have been going south like there's no tomorrow and would have continued to go south. I can't blame them for doing something. Can't blame them. And I am applauding them for being for being for. flexible on it because sometimes people, they think they're omnipotent and just says,

screw it, I'm not changing, but they did. And this will at least give things a chance. There was no way those tariffs were going to do anything good. They were going to do everything bad. It was going to be a nightmare of epic proportions and uncertainty and confusion. And of course, the people that love tariffs are going to forget about loving tariffs because Trump's the guy and whatever he says is good by me. I'm going to pay no attention to that. For short sellers, hope he didn't get caught today. Damn. But again, the president puts out this is a great time to buy hours before that happens.

And I didn't even think twice. because that's not normal and he better not do that again. So that's that. And again, we'll be scanning like madmen tonight trying to figure this out. We already know leadership. By the way, there's no new yearly highs in the market.

There's none. But they'll show up. Oh, and by the way, you know what Friday starts? Earning season. And instead of Friday on the banks coming out and saying, well, our guidance may not be good because of tariffs. You know what they can say now? Nothing about tariffs. Goldman Sachs has

already taken off their recession prediction. They had a prediction like 80% guaranteed recession. They already announced they're taking it off. That's how important this was. And it makes us happy. You know why? People. It was going to affect every one of you in a huge way. It was going to be a deep contraction. Job losses galore in every industry. And now we've avoided it. Yay. That all said, 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, stay well, be well. Dodge the big one, kids. Have a good night. This has been Investor's Edge with Gary Coltbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Guys, it's no use putting it off. The best time for an underwear refresh is now.

Tommy John underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com, code comfort. Tommy John, comfort perfected.

This message is brought to you by the Capital One Venture X. card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details.