Investor's Edge with Gary Kaltbaum - Hot Summer Week In Review [07.18.2025]

Episode Date: July 18, 2025

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 cbs.com, or just come by store we can't wait to meet you store hours vary by location investors edge with gary coltbaum straight talk about you and your money now from the biz talk studios here is gary cult bomb and welcome once again to investors edge i'm gary coltbaum your host day thanks for being with us today

glad you here ladies and gentlemen happy that you are listening it's the midst of july july 18th friday 2025 and as always serious talk on everything that affects you. We will do markets, the economy, your job, your industry, everything that is going down in D.C. and so much more. And if you do not get this radio show in your city, we'll post it in garyk.com. We'll post it on our Twitter feed. No, my ex-feed, which used to be Twitter. And if you'd like to email me, just be nice. That's all we ask. Today, I had a chance to do a couple of hours on Fox Business Network between noon and two.

And I must tell you, we discuss something of importance. We'll get to the markets and a little, well, the Dow was down 142, but the S&P was flat. NASDAQ up 10, NASDAQ 100 down 15, transports down 110. We'll call it a mixed bag of slop. Advanced declines not that great, but how about no biggie day? And we'll get back to the market in a little bit because I want to discuss Netflix. I want to discuss China. I want to discuss earnings.

I want to discuss no sales. But what we did on TV today, something of import, and it has everything to do with you, your money, the markets, the economy. There is somebody running from there of New York. And forget the fact that he has proven to be a Jew-hating, Israel-hating, anti-Semble. and by the way, nobody really argues that. He's one of those. He's also a communist. And we don't use that word as a pejorative.

We don't use it as a curse word. It's what he is. He is called for in interviews, in interviews where he naturally stated things like supermarkets to be government owned. We need to get to means of production that we are controlling. How about your property? No more privately owned property.

By the way, no, we are not talking about Hugo Chavez, who used to run Venezuela or the guy now Maduro. We're not talking to Castro. We're talking a guy who has a very good chance of being the mayor of New York City. He has also stated we should not have billionaires and that we should confiscate that wealth. He has also stated, we're not making any of this up. that police officers, let's get rid of as many as we can, that we should use social workers for criminals.

Again, this is his own words. We're not making it up. We just want to give you the real story on all this. By the way, he's being praised by Bernie Sanders, who has said that the Cuban government and health care was fantastic, that once called for a 100% tax rate on any dollar you make above a million, and of course all they do is put down the wealth. So I just want to put a few things in your mind,

and as always you can decide, it's our opinion. We do know by fact that communism is all about dictatorship, it's all about what I call control freakism we're going to control you if you try to become wealthy we're going to take a mallet and bang you over and a head and a machete and cut you off at the knees as we have said to you their enemy is wealth and success

because wealth and success have no need for these people they are also socialists Marxist communists with our lives and our money. They are quite the capitalist with their own. And of course, when I use the word capitalist, they are confiscators of wealth.

They have destroyed all countries. Cuba is still living in the 1950s or 60s, and it is amazing, amazing, that people there have not. in a way that had changed the playing field, no uprising. They have put people who disagreed in jail end up missing. In Venezuela, there was an election where easily Maduro lost big time. And guess what they did?

They rigged the whole thing. They bought off the military. the economics of Venezuela has been absolutely destroyed. And this goes on most everywhere, while the dictators plunder the country. Kind of like what they did in Gaza. Yet you have a man here running for mayor. And here's the thing. He won the Democratic primary.

People voted for him. which begs the question, do they know what they're getting themselves into? I really can't believe there is anyone that would want to default decisions on their lives, their own lives, to somebody else. On where you can go, how much you can make, what you can own, where you have to buy,

but they still voted. And we do know there's the party politics thing, that people will go to the ballot box and just vote all D, no matter who it is, a vote all R, no matter who it is. I just find it stunning that in this day and age, where all you have to do is do a little search and find out the destructive nature of all of this man's policies.

And as usual, they've never run a business, never written a paycheck. All they've ever done is lived off the fat of the land. And I'd like to try and figure out what the hell is going on that anybody would vote for this. How is it possible? I think a little bit of it is they're promised. This, that, the other thing. Your Latin life will never be where you want it to go without us. because you need us.

So vote for us. What have the rest ever done for you? Anyway, we just want to let you know. That's what we talked about today. And I didn't even really get into the Israel and Judaism part. I wanted to talk the economic part. It is demoralizing to watch.

and as you know I am no fan I'm 50-50 actually probably about 30-70 on Trump I think the Republican Party just let us down and then as I watch a bunch of Democratic leaders one of them said today

or yesterday oh he's really a capitalist but with a small C I want to throw up I don't know what happened to this Democrat Party where are the moderates?

Have they all gone loony? Do they have to continue to lose a ton of elections? Just so you know, I say 25% of the win by Trump was Trump. I think 75% of it was how bad the other side was. So we'll cover it as it moves forward. But this dude's got a real chance of running New York City. Up next, the markets. 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 complimentary portfolio review. The number to call is 888-4-2-5-9. That's 8-5-5-9. That's 888-4-2-5-9. That's 888 4-4-2-5-9. 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 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 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. 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.

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On Deck does not lend in North Dakota. All loans and amount subject to lender approval. 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. By the way, I was watching the national weather this morning and yesterday. And boy, oh boy. even they sell 6 million people under heat watch 15 million people under this and under that have they ever been to florida when i was in london they were having fits over 85 degrees and i'm thinking to myself that's winter in central florida but i guess they're not used to it it was very warm when I was in London, not normal. But boy, oh boy, they are not used to it.

Be careful what they try to sell you, ladies and gentlemen. I think it's like a 2am infomercial every day. The markets. Let me do a few things here. Number one, Netflix. So they reported earnings and they were good earnings. Up 47 revenue up 16. Stock was down $65 today to $129, down 5%.

And I get asked about moves like that and important names. Well, it's pretty simple to me. If it breaks its uptrend, it gets moved to the side. Today at the close, Netflix broke the all important 50-day move-in average on big volume. Not by much, but enough. Inability to get back above the 50-day, nothing to do. Get back above potential. That's how we look at it.

Simple as that. Business is still good there. Numbers were good, but the stock has had a good move over the past few months. And sometimes the market says, now you're done for now. So that's Netflix. We don't own it at this junction. But I got to bring up Spotify because, interesting enough, I know that kind of sort of in this media business of radio and TV. but Spotify and Netflix have become somewhat sympathetic.

They kind of move a little bit together. They both topped out around the same time. And Spotify on the Netflix news, down $26 today, about 3.6%. So just let me know, things to watch. And we're always very careful with the top 10 names. As you know, the top 10 names and the NASDAQ, as well as the S&P are a big influence on the indices. And if one is gained to the upside, a help.

If something is lost to the downside, well, that's trouble. So Netflix will go on the suspect side after today's action. and to be clear, reactions to earnings matter big time to us. Earnings are typically the driving force behind a stock's move over time. The stronger the earnings, the longer they're strong, the better. The longer they're strong, the better. if those numbers accelerate doubly better. If they decelerate after a big move up,

you're going to top out and top out badly because at that point in time, you're usually very over-owned, over-loved, and over-leveraged. Next, in the recent past, we have very much highlighted a bunch of no sales companies in areas like nuclear, space, batteries, quantum computers, and the like. So the market, without a doubt, is on those themes right now. And what it is doing, it is getting the froth and speculation all frothy and speculative to the point where my speculation antennae, antenna, are big time in the sky here.

Typically, what it means, well, let me just state that doesn't usually happen at bottoms. It usually happens nearer to trouble or pullbacks. That does not mean it's pinpoint. There can be definite delays. But we are just letting you know put in your file manager, man, oh man. and there's not a ton of names, but there's enough. And I am letting you know, under no uncertain terms, if nothing changes, they will all crash,

because that's what always happens. Once the music stops, there will be no chairs. That's what always happens. And as I said to you, if nothing changes, Nowhere are we not saying that these no-sale stocks don't start having sales or don't start having big sales. But the issue is there's a bunch of them all saying they're going to produce robotaxies. How many companies are going to do robotaxies? How many companies are going to do flying cars?

Remember the specs of a few years. back when they all announced electric vehicles and we told you, do you know how many companies have successfully started auto companies and have stayed in business in the last 100 years? Well, I think you know that answer. We will let you know when we think they've hit a wall. We think there's a chance. they will die a climactic death, meaning the loudest it gets, the louder it gets, and the Eiffel-Towerish moves that they make on a chart.

Think the space needle in Seattle. That's what it'll look like. And then good night. We'll keep you on it. Up next, managed care. Oh boy, 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 CVS pharmacist, Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating. chronic stomach aches. Like, I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomachache every day.

Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fast,

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. 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 make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews, OnDec 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-Dec does not lend in North Dakota all loans and amounts subject to lender approval. 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 Coltbaum. It comes highly recommended. You're going to feel better if you talk to him. And welcome once again to Investors Edge. So we take pride in ourselves in what we tell you to avoid. And when we say to you avoid this area, this stock, this index, this country,

that is not something that comes out of thin air. It comes out of reading the roadmaps. As we have told you, there are actual roadmaps of bull and bear markets. They trace things out pretty much the same way, little differentials, but pretty much the same way. They top out, they break first lines of support. and they start drifting lower. As the 50 day comes down, every rally into a declining 50 day gets sold off.

And just goes down and down sometimes slow, sometimes fast. And we always say to you the same words on any move that we tell you about. And that is, we don't know how long it lasts. we don't know how far it goes and not to be little others but there are a bunch of people patting themselves on the back about some of this AI stuff now but they were saying the same thing

before the crash they didn't know the market was going to crash they didn't know things would go down 50 to 70% they kept telling you to buy well as they say the broken clock got right, which happens twice a day. We read the roadmaps. We don't give you targets.

We don't give you dates. And again, we say we don't know how far. We don't know how long. But every now and then, we highlight an area from you, an area for you when we say completely avoid. And that area crashes. And again, we don't know what's going to happen, but it crashes.

And the big one I just want to bring up to you is the managed care slash HMOs, health maintenance organizations. And as you know, there's been a lot of noise. There was a murder of a CEO. There's now an investigation against United Health on things that they charge and things. And we don't know how that's going to end up. We just know that it topped out back in October, November, last year, September, October, starting with Elevance, ELV, broke support, get this, at $520. We have been telling you to void it since last September. It's $277 today.

this week was down 18.6% on a worsening outlook and is down 51% now from its old high. United Health, that stock was 600 and 30. It's 282, and you know what's going on there. But as we told you, groups, stocks move. groups. Centine health care. $80 topped out, about 74, back in last September. $27.95, down another 11% this week. For the month, it's down 48% on a worsening outlook. topped out on a big, big, gigantic earnings report back last July, 370, the 220. And that's actually a good one.

How about Molina Health, which was down another $21 today? And in the last month, down 38% that topped out in September at 365. But interesting enough, got back to 359 in April. It broke at 320. This is April. 182 today. There's your managed care. Comes under the heading.

We never know how far down a bear market will go. We just knows when something's in a bear market. it. We just know to avoid it until things change. How does something change? Well, the duh statement is it stops going down. It gets defended at a certain price. It starts moving up. What a concept. And when it pulls back, it does not go to the lows. And then it starts building some stair steps to the upside, where you have higher volume on the up, days, lower volume on the pullbacks, versus what you're seeing now in this group. If there is anything that puts us head and shoulders above the rest, it is just this. and we've done it with sectors,

with stocks, with the market. We were out into the crash. We were out in 22, for the most part. Why? The roadmap. That's your managed care. And how we know

the markets get in trouble? Well, they'd have to come here after all the areas, we have been telling you that are very strong. Big banks, semiconductors, and the like. So that's a little bit of that. And we'll have a lot of changes in the next three to four weeks because I think I have 40 pages full of earnings reports. Yippie, yay, yay. Where a Netflix that is strong will die for now. and maybe some weak stocks will gap up because of earnings.

Stay tuned. We'll have it all. Merrick can express down seven today on earnings, not good. 3M, down six today after opening up on heavy volume, not good. That's how we roll. A consistent and a constant staying on top of these things. and it doesn't end because now we're in the most news-driven environment ever.

Thank you, President Trump. We never know what's next. And boy, oh boy, this tariff thing is one hell of a moving target. So that's a little bit of your managed care. And there are other areas that are in bad shape. Big biotech, a lot of drug stocks, a bunch of the consumer staples.

There's still enough out there, not in great shape. But definitively, a better broadening of the market recently, but stay tuned. Big caps better than small caps. ASML holding an important semiconductor just gaps down and dies, goes by the wayside. Who knows what's next? We don't. But we'll be ready because we'll follow the roadmap. It's going to be fun.

Speaking of the roadmap, China, if you look at the FXI, it's their main exchange traded fund. On the verge hasn't yet a breaking out of a long range. And if it does, it can start the ascension. Up next, we'll go through that. And much more, 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 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 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. 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.

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Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. On deck does not lend in North Dakota. All loans an amount subject to lender approval. You're listening to. What are we waiting for? Well, what are you waiting for?

One, two, ready, go. Investors Edge. With Gary Culper. And welcome once again to Investors Edge. So, China Better, the big ETF on the verge of breaking out. We'll see if it does. But you already have one stock going topside and very very. strong. Now we say this knowing how do I put this? You got a communist running the

joint now and he's been getting worse. So you never know what's going to come. But we're just letting you know much better action. When you have a chance go look at F-U No, not that F-U but F-U-T-U That's the symbol F-2 Holdings You can go to F-U-T-U-Holdings.com

To look at the company It's one of these online brokerages in China broke out five days ago on volume followed through today that one is now ascending will it continue beats the hell out of me but has us on it

and paying attention to it there's also 10 cent music T-M-E China a 10-cent which has not broken out yet T-C-E-H-Y and some of the more popular ones they're just trying

Alibaba has rallied up in the last few days but got a lot of work to do. Bidu rallied up in the last few days, but they kicked it right back down. We're just letting you know it's better. In case you also don't know, we follow all these countries. Do you know Poland? Is it New Yearly Hives?

E.P.O.L? How about the United Arab Emirates? UAE is the symbol. New Yearly High. The Dax, not a new yearly high, but has been writing up the 50-day moving average. So some of these foreign markets are better than us. That hasn't happened in a very long time. The emerging markets ETF, symbol EEM, broke out a range a couple weeks ago.

go, slowly drifting higher. The EFA index. Not yet. I'm going to bug off on that one. Just letting you know, China. We'll see what comes of it.

Stable coins. I'm studying it. There was some legislation signed today and they had the stocks Enfuego. Careful. Sell the news. Circle Internet CRCL hit 260 today Closed at 223

A Coinbase Hit a high today of 440 closed at 418 Core Weave Well that closed down 7% today Anyway We're studying it We had mentioned to you

That Amazon and Walmart We're looking at it to maybe replace credit cards where they got to pay percentages. And guess what happened to Mastercard and Visa stock? They've been under pressure because of it. Something to be watched. We're always looking at what's coming out that could affect others in a negative way. Think about it. And we say that because anybody remember Blackberry?

You remember the Blackberry, right? Don't you? You know, Blackberry that in 2008 the stock was $140? Everybody using it? It's $3.91 now. What happened to Blackberry? Oh, that's right. Nokia.

That was 40 bucks in 2007. Oh, it's four and three quarters now. What happened there? Well, we know what happened. So we're always looking out. And I can promise you, all these other companies are looking over their shoulder. At least they should be looking over their shoulder. You know, Blockbuster was a lot of,

offered Netflix to buy them and they turned down Netflix. Anybody see any blockbusters these days? And I still remember for like three or four years the warning of that blockbuster would be obsolete. It took a while. Guess what happened? Advancements in technology and other companies took over. That was the end of that. We're seeing you. in entertainment? Spotify? Anybody buy any vinyl records lately? How about them eight-track tapes? How about cassettes? Just letting you know. We are constantly trying to, and I must tell you, I've been studying artificial intelligence and for the life of me, I still don't know the outcome. I am told it's going to change the world for the better.

Okay. I'm all for it. I am being told that people are going to lose jobs. Not so sure. We're just letting you know. We are staying on top of it. And if anything changes, we will let you know. You all have a great weekend. Drive carefully when you get home, do like we do. Quite simple. Make sure you hug the family. Make sure you hug your children they will feel better you will feel better i promise they will be well thanks for joining as always we'll be back on monday peace out all bye-bye 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 gary k dot com that's gary kd come guys it's no use putting it off the best time for an underwear refreshes 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

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