Investor's Edge with Gary Kaltbaum - Hit the wall already

Episode Date: October 18, 2023

https://garykaltbaum.com/

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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 here, ladies and gentlemen. Happy that you are listening, October 18th, Wednesday, 2023. Hope you having a good day. So most importantly, my precious dog, Winston, 12 years old, got through surgery, doing well, recovering. We're picking them up right after the radio show. Aggressive kind of cancer, he was diagnosed a year ago. Tried doing chemo. Within a day, couldn't even get up on the bed.

We took him off the chemo. They said it was an aggressive form of cancer. Anything's possible, but maybe you can get lucky. A year later, nothing. Nothing. But you have to bring them in again, and they said, well, there's a little bit there, and we want to take care of that. And the hope is it does not spread, because if it spreads, it's party.

So far, so good. He's 12. normally my dog his type lasts 1314 so he's had a great life full life and it looks like they caught it did the surgery he'll be home in a little while and of course he will be at my feet with giving me a big smile asking for me to pet you know when i start petting him he don't move for an hour anyway we got some emails thank you so much you know how important dogs are right next We segue. We don't want to have to. We don't want to.

We're hoping eventually we can move on, but we have to talk Israel each and every day to give you the facts. Not the BS. The facts. And whether they're good or bad. The facts. So here's the latest. And we're noticing, I don't know if. few hundred people in the capital right now, calling for a ceasefire. Seas fire, Palestine, ceasefire,

Palestine. Interesting. Not one of these people are calling for Hamas to release infants, teens, adults, and elderly hostages. By the way, one of them is has cerebral problems. in a wheelchair, can't take care of themselves. They're keeping that person hostage. They're not calling for that. I'm looking at a picture right now at these idiots. And I have another thing for you. A bunch of them are Jewish. Think about this. And I've always wondered about people like Bernie Sanders who are Jewish that are so anti-Jew. It's because their Marxism has taken over their religion. It is more important to be a Marxist than to be a Jew. That's how crazy it's become. Bernie Sanders, not a word about the hostages. Israel bad. It's amazing to watch.

And in the Arab states now, they're all getting together, yelling and screaming, kissing Hamas's ass terrorists. Imagine terrorists. Beheaded infants shot them in the head and then cut their heads off. Rapeed women. Shot

up families. Burned them to a cinder. Kidnapped a bunch to the tune of 1400 from 30 different countries. And I got news for you. They murdered some Muslims too. And they're

being celebrated. And I've always thought about these things, about where do they come from? How does this happen? What's the deal? So here are the facts. Israel was going about their business, and a bunch of terrorists got in and did what they did. Israel set up yours, we're coming after you. Before Israel did anything, they were protesting.

testing Israel. They were handing out candy for the terrorists. And then yesterday, a hospital blows up. Don't know the number, but they're saying a few hundred dead. The New York Times. Israel blows up a hospital. CNN. The BBC. Israel, Israel, Israel did it. Before any evidence, nothing. Because Hamas said so. Imagine. The terrorists who beheaded infants said so, and that's how you run with it. Well, since they've all backed off, all evidence in, it was a misfired missile from the bad people. But do you think the New York Times has headlines, terrorists blow up their own hospital of their own people? people know that you know what the headline is Israel says terrorists wow the newspaper was supposed to depend on for facts and honesty especially in volatile times where people are on fire and tempers are elevated they lied they bullcraped away and it wasn't just them Taleb, an anti-Semitic, anti-Jew, anti-Israel piece of crap, puts out one of our 435 representatives, Israel.

And she has not taken the tweet down. She's a United States representative. She lied. And she has not taken it down. And then we have to deal with Donald Trump. Well, if I was president, this would happen. Bull crap. Trump lost.

He lost. Get over it. You goof. But I digress. And that's where we stand. But you know what really is happening right now? And why is one of the greatest countries in the world? And pretty much the United States, one of the greatest countries in the world.

While these people are exercising their right to be idiots and morons, they're exercising their right. Because you can do that in this country. You can't do it in Hong Kong anymore because China will put you in jail. You can't do it in Palestine. Hamas will kill you. You can't be gay in Palestine. They'll stone you to death.

But you know what's going on? The people that are not morons celebrating terror are mourning the dead quietly and going about their business. Because in case you don't know, do you know what's going on with Israel? Why they do this? Pure unadulterated jealousy of hardworking, proud people that have created a miracle in the Middle East, a democracy, that they can't fathom, that they can't do. Why? Because they spend their time, pissed off! That's what's going on. Palestine voted in Hamas to run the joint into the ground. Every dime goes towards missiles and building of tunnels, not for schools, not for health, not for well-being, not for growth, not for creation, not for invention, for terror. While Israel goes about their merry way, because once this is all said and done, when all said and done, you know what, Israel's going to keep growing. It's still going to be a land of peace. The United States, for the most part, is going to keep growing.

If we can get rid of most of these people in D.C. It'd be even that much better. But that's the story. It's a great lesson. You know, we talk about this Investor's Edge, you and your money. What a great story about investors and Investors' Edge than Israel. If you ever go visit there, you wouldn't believe. what they were able to do, and then right across the border is hell, brought to you by terrorists.

And they blame Israel. Israel left Gaza in 2006. They handed the keys over to them, and they didn't do squat with it. That's the story. Complete and utter jealousy. And Marxist hate democracy. Marxist hate success. They're control freaks. They have no clue. They put everything else aside. And they're celebrating terror until it knocks down their own door. That's my story.

Up next. Oh, crappy market today. Not my fault. I'm Gary. This is the one only Investors 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 complimentary portfolio review.

The number to call is 888-4-2-5-59. That's 888-4-2-5-59. That's 888-4-22-5-5-9. 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 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 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 Capital1.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 Sprinker 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. 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.

called bomb it doesn't get better than this welcome once again to investors edge so just letting you know it was a missile that hit the hospital it wasn't israel but they're still blaming israel the people around the globe in different cities are still out there screaming at israel this that and the other thing even though it was not them and by the way in case you do not know there's complete unadulterated evidence, including a tape recording of the bad guys admitting it and saying, it was us. So there's the story. Simple as that.

They hate what this country has become. You know, the first time I ever went to Israel, I could not believe what was there. I had no idea what they created there. and go look at the map where it is and how small it is in comparison. And all this talk about them holding others. Do you know how small it is and how many Arab countries there are and how much our population of Arab countries versus Israel? And they're saying Israel's controlling things?

It's laughable. It's a gigantic lie. So what Israel's going to do is going to go back to business, go back to work. they're going to do their thing, they're going to mourn, they're going to get tougher, ain't nobody getting into their country when this is all said and done. And do you know the shame of this? Do you know how many Palestinians would have, I don't know if they call it passes, whatever, into Israel to work every day?

That ain't happening anymore. So look what they did. They screwed their own people. But they're not their own people. the terrorists are the enemy of the Palestinians. But most Palestinians don't know it. And if they do, they can't say anything. It's only the big mouths that are out there.

And throughout the years, there's been unbelievable Israeli companies, stocks that skyrocketed, that were created on this sliver of land. Please, somebody tell me what the terrorists have created. Somebody tell me any good they created, any medical breakthrough, any technological breakthrough? What? Anything? Not a freaking thing. And they're getting celebrated.

Now when you see a lot of people on TV celebrating this stuff, just remember, there's a thousand times more people that are just going about their business. knowing what the job is going forward and that's that but there's going to be some heck to pay i applaud i got to tell you you know i'm no fan of biden i applaud that he went there i applaud it just so you know if it was a republican that went there the media would be kicking him in the you know what's but the media cannot kick by it in the you know what's because he's their side Just remember how they work. The media is a bunch of calculating, sleazy, slimy, one-sided punks. And I'd say it to their face.

So they can't be mad at Biden for going to Israel. If it was the other side, oh, the party'd be over. So where it stands right now, I wish I had better things to tell you. the suspicion is it's worse before better because frankly this second there's nothing Israel can do that'll please any of these nuts nothing they didn't bomb the hospital

yet they're out there protesting the bombing of the hospital seriously think about that so the old line about the game of tic-tac-toe you can't win if both players know exactly nobody can ever win so why even play the game

that's what's going to eventually happen Israel knows they can't win so why even play but they're still if I was Hamas I'd be under my bed right now I'd be growing a big beard I'd be changing the color

of my hair because I got news for you something called facial recognition look out anyway you know where I stand I stand on the side of a peace harmony hard work education family and the New York Giants and Winston today and if you don't believe anything I am telling you do your own homework. I'm just a handsome and buff guy on radio and TV. Do your own homework. Trust nothing that I say.

Do your own homework. Go listen to the two terrorists. I can't believe we bomb that place. Go find out that Hamas came out and said, we got to blame Israel. And they had the

New York Times and CNN and the BBC and all the same clowns. Oh, it was Israel. Before they had a pull it back. And again, a couple of the people in the squad. Huh. But they'll be voted in again.

Hey, the market wrap. The final numbers, as we segue, Dowdown 32, S&P 58, NASDAQ 219, NASDAQ 100, 212. transports 520 and you know what advanced declines were so let's go backwards what's today Wednesday for the past two days I've been saying to you hey finally a little wake-up call in the broad market and what do we mean by the broad market stock market well good advanced declines and a lot of things and downtrends bouncing and what did we say to you hey maybe it's a start, but you need to see a lot more than that.

And you've got to break the cycle. What's the cycle? The downtrend. If you don't break down trends, you're still in a downtrend. And what's a downtrend? Just stair steps down two up one, down two up one, down four up one, down four up two. So we had two days in a row. And even though the indices were kind of flattish yesterday, it was a really good advanced decline day.

Really good. Oh, they gave it all back and more today. When I do my scans and I did a glance, some of the things that were trying. Remember I mentioned J.B. Hunt a couple of days ago? Well, they had a report earnings. Down 17 today. On earnings. Up next. Lots more. One and only investors' edge.

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That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One VentureX 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 Sprecker. 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 cousins 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. Sprinker, 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 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. So, the transports gave back 519 today, gave back the last two days. and more and broke some support that it was trying to come off of. And it started with J.B. Hunt that was really trying. Down 17 today, a huge drop for that stock. 9% on big volume on their crappy earnings. Remember how we've been saying for months how crappy earnings were bought up? That one was not.

Earnings down 30. Revenues down 18. By the way, last four quarters earnings are J.B. Hunt. where the stock hasn't gone down. Minus 16, minus 17, minus 25, minus 30. Horrible. Well, looks like it may have caught up with them. We'll see.

But they got anything. When we talk about the words economically sensitive, what do we mean by that? Well, to us, are number one and number two economically sensitive names, Caterpillar, FedEx. You can throw UPS with FedEx, but we go FedEx first. No news. Caterpillar down 13 today, 5% heavy volume.

Big topping out pattern. Trust me when I say I know what the topping out pattern looks like. Economically sensitive. But then I just walk down the rest of the economy. You know what's economically sensitive? Cement stocks. Martin Marietta materials down 23 today. 5%.

And where did it stop going up, bouncing? Right at the declining 50-day moving average, what have we taught you about? Bare markets and tops? They can't get back above. And they fade and fail from there. There you go. And as I go through, just to give you an idea on today, I go through different scans, and one of them tonight will be the worst movers today.

are you ready? The old price line booking holdings down 128 today. That's a high price stock, but broke big time, we'll call it about three months support. Next one, Macado Libre on the 200-day moving average. W.W. Granger down $26, no big deal. ASML Holdings down 25, an important semiconductor. Parker Hanifan fails at the 50-day down $24. Guess what they are?

economically sensitive United Rentals a poster child for economically sensitive down 24 today 5% drops today and I just walk through one after the other

after the other and man just blasted blasted as we enter earning season but we're not done I mentioned economically sensitive but what else matters

the financials so J.P. Morgan the other day now just remember we're going through real-time prices. Not an analyst opinion, not a pundit on TV saying, I think you should own it long term. It's a good quality company.

Great. J.P. Morgan was up seven bucks Friday on their earnings report. Finished only up two. And is now given back that two in three days. So no gain on what they tell. JP Morgan, fantastic earnings report. But that's just one. Because Goldman Sachs reported earnings,

34% drop. And I heard somebody say they were actually good considering. No, a 34% drop in earnings sucks. Goldman Sachs is trading at new yearly lows. New yearly lows. But I'm not done. Morgan Stanley reported today. Down $5.45 on a 70-some-odd dollar stock.

That ain't no hill for a climber. Volume heavy. Morgan Stanley is in New Yearly Lows. Think about that. Goldman Sachs and Morgan Stanley New Yearly Lows? Bull market? I don't think so. Black Rock.

Close to New Yearly Low. They only manage a bazillion dollars. So again, we just put the little pieces of the puzzle here as we go through. Remember, we don't just yap away. We're going to scan 2,000 stocks tonight, maybe twice, 200 sectors every country, for uptrends and downtrends. And I can promise you, without even thinking twice, we have a bunch of new names that started downtrends today that we're holding up.

That's going to be the next thing going on as we go into big earnings season. Simple as that. And earnings after the close, get this. Tesla actually missed numbers. They had expectations for earnings to be down like 30%. They're going to be worse than that. Stocks up a buck in the aftermarket. I'm even surprised.

It's actually up a buck in change in the aftermarket. The problem is it was down 12 today. So on the day, it's down 11 including their earnings, which were less than expected. The good news named Netflix closed at 346. Wow, 383 in the aftermarket. Up 37 bucks. Only one problem. It just dropped 37 bucks in the last four days.

And is down 107 bucks in the last four weeks. So that's bouncing. I have yet to look at their earnings. And for me, the other big name Lamb Research, very important semiconductor equipment. Close at 642. I got it 622 in the aftermarket. So one flattish, one smacked, one up good,

but getting back a bunch of yuck. And I'll have to look at the Netflix. numbers will let you know still in a downtrend and of course thousands more to report in the next couple of weeks and we're going to be on top of every single one of them the job gets tougher right now because I got a lot more work to do but leave no doubt today was a miserable day for the broad market it was a miserable day for more names going by the wayside and I've yet to get in to oil prices and yields. What have we said to you about yields?

Just follow the 10-year yield. Screw the Fed. By the way, they had 17 speeches this week, and I couldn't give a crap what any of them have to say. And I can tell you they were all over the map. Seriously, these guys and gals have got to be on some serious shots at tequila with some socky chases. at a couple of Valiums afterwards because they are all over the map,

say nothing that matters whatsoever. Well, you know, maybe we should do this and maybe we'll do that, but maybe we can raise rates. Maybe, you know, we'll see what happens. You know, we've got to wait for data to come in, but, you know, we'll see what happens. It's only October, maybe November, December, but maybe January and February. We don't know. We'll see.

Have a great day. Thank you. They're meaningless. The free market is at work now. I've explained this to you. The free market wasn't at work for so long because one man played God printing nine trillion bucks of fake money and distorted the whole world. And all that's happening in the bond market right now,

it's getting back to the real world. Now maybe one day this moron starts printing money again, but he really can't because that created all the bad inflation and he knows that he won't admit it, And he can't have that happen again. So you know what he is? Boxed in like mixed nuts. Yields today hit another high at 4.904.

Another new closing high. 8% mortgages. And as we said to you, nobody's been saying anything about yields going up, but I'm corrected. Rick Santelli on CNBC, and I don't watch CNBC. Nothing personal, but I don't watch it. but I'm told that he said something about it. And no doubt, Jamie Diamond of J.P. Morgan said, who knows, maybe 7% 10-year yield. I think the 10-year yield.

So there's two. All I can tell you from everything I see, nobody's expecting higher rates from here, and they're all dependent on the Fed. Oh, the Fed's going to stop raising rates. They don't matter. If the 10-year yield goes through 5%, and keeps going, who knows? And just remember, we're at a normalized rate right now when we were 10 trillion in debt. We're now 33 trillion.

We had to raise a bunch of money today. They had another bond auction today. Up next. We'll get through that. And whatever else. No, I didn't drink any Red Bull today. I'm Gary. This is the one that only investors.

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 up. 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. and 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... What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action In The Gester's Edge With Gary

Culpa So Netflix beat numbers By by 24 cents Not bad But they lowered numbers Going forward

But the market's still rallying it About 11% in the aftermarket Even though they lowered numbers Going forward and didn't say anything really different about subscribers.

Everybody looks, what story with subscribers? But they gave downside on earnings per share for the next quarter and revenues downside, but the market's reacting to, I guess they beat by a little bit. Streaming ads, they had a decent number. Okay. I think it has more to do with. The stock's already been trashed. Last Tuesday, it hit a high of 388.

Last Tuesday. It's trading at 387 right now. So we'll call it a recovery. We'll give it that. Tesla, on the miss, is up two bucks. On the miss. And earnings on Tesla look 66 versus $1.5. What is it, about 34%, 35%.

Earnings drop. And of course, they'll probably say this, that, and the other thing. during conference call. Maybe they'll say that the cars are going to be driven by AI going forward, maybe trying to pop them up. Who the hell knows? But Lamb Research is not happy, and that's an important semiconductor name.

Now tomorrow, let's see what we got. Union Pacific before the Open, that's an important rail. Blackstone, important financial, but the financials are acting terrible. Alaska Air and American Airlines. And the airlines have just been absolutely trashed on higher oil. CSX after the close or before the open also. Intuitive surgical. After the closes, crox, been a dead stock.

Taiwan semi. That's tomorrow. But let me just state for the record miserable day today. I know what I'm going to see when I go through it. And we'll go from there. By the way, Tesla is now up five bucks in the aftermarket on their crappy numbers. And we don't ask why. We deal with how markets react.

Remember, it's not the news. It's how markets react to the news. And Tesla, let me see how they guided. Tesla, they missed on both top and bottom line. But you know what they're saying? Why it's up? It's better than feared. You know, Wall Street will come up with any bull crap to explain a way

if something goes up. But I guarantee if it opens up down 10 tomorrow, oh, well, we're going to have to change that headline. Yeah. Yeah, they missed on sales also. Anyway, that is your little bit of the aftermarket report. The other thing today was oil prices up another buck and a half today. And that's not good news either. Advanced declines, 700 up, 3,247 down on New York, 959 up 3,171 down on the NASDAQ. New Yearly lows picked up again up to 600 on the New York and NASDAQ, even though the S&P's not even close. And remember we had a couple of days of better small and midcaps.

They were trounced today. Trounced. Remember, until we say they're out of the downtrends, they're still in downtrends, and today solidified it for many a name. I've yet to even do my left screen, which is made up of the things like HubSpot and Autodesk and S&P Global and Alta Salon.

Boy, is that stock been trashed. And Workday and quite the few others. I have to mention also, NVIDIA, down another $17. Which is the weirdest thing on earth. Unbelievable numbers and the stock can't get out of its own way. And is breaking down on a near-term basis. Amazing.

Weird. Amazing. We'll see how that plays out. It's the most asked about... Besides... Besides... You know what the number one stock I'm always asked about. now I don't know why something called Palantir PLTR I don't know what what's about

that thing 17 dollar name the number two is in video and they don't that ain't no hill for a climber I said that twice so that's basically the story I can't wait to scan this thing some good aftermarket after the close some bad Netflix up good Tesla's now up five bucks in the after market but still down six for the day But Lamb Research down a good juicy 20 and a lot more to go. But when all said and done, the one thing that sticks out for me today, the one thing that sticks out is the nascent, knows the big word. Today, broad market better, rally bounce,

especially in the stuff areas of the market, economically sensitive, was trounce today, smoked today, blasted today, and that ain't going to help the market. Remember, when we simplify for you 100 stocks, if 90 are in downtrends, that's a problem. A lot more started downtrends today. Unfortunately, we have no clue what tomorrow brings. Hopefully better days ahead. but if interest rates keep going up, not so sure that's good news. Oil prices keep going up, not so sure that's good news.

Fundamentally, 8% mortgages ain't happening. So, first off, thanks for the emails on Winston. He'll be home at about 15, about a half hour. You'll have a great day. Drive carefully. Pray for peace. When you get home, do like we do. Quite simple. Make sure you hug your family.

Make sure you hug your children. You will feel better. They will feel better. I promise. Tomorrow be on 9 a.m. Varnie and Company, Fox Business, do not miss it. Same time tomorrow of this show. Thanks for putting up with us.

We mean business. Good night all. This has been Investors Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. 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 VentureX 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.