Investor's Edge with Gary Kaltbaum - INTEL? [09.18.2025]

Episode Date: September 18, 2025

https://garykaltbaum.com/garyk-radio/

Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORAIDA, Silk, Capri-Sun, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick-up or delivery. Restrictions apply.

See website for full terms and conditions. Investor's Edge with Gary Cultbaum. 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 Colbom, your host. A thanks to being with us today. Glad you here, ladies and gentlemen.

Happy that you are listening. It's September 18th. That's 2025. Hope you're having a good day. In case you don't know, this is supposed to be serious talk on everything that affects you. the markets, the economy, your job, your industry, anything that emanates out of D.C.

That affects us. And boy, oh, boy, throughout the years, there's been a crapload of junk affecting us. Don't we know it? And if you do not get this radio show in your city, we'll post it at garyk.com. We'll also post in our X feed. And if you don't follow us on X, you should.

And if you'd like to email us, just be nice. And let me emphatically say again, If we are not in your city, GaryK.com, we'll post it on the podcast apps. You can go on YouTube, Biz TV, and check it out. And we're in the midst of, instead of saying, we'll just, when it happens, we'll let you know, but we're going to do some other things.

Ladies and gentlemen, to all the women and men out there that listen to this show, I'm so appreciative of you because I have to tell you, on a daylight today where I'm thinking, you know, I'm going to go into my inbox and I'm going to get a lot of emails on, wow, Nvidia and Intel did this big freaking deal. Wow, wow, wow, wow, wow, wow. No, my inbox was inundated on things you want me to speak up about sometimes away from the markets, which means you are interested in my opinion, which means you are listening to. to Mr. Logic, and we do believe we're very logical in that we have no agenda, no ulterior motive, no bias. We think, well, you know what we think of most.

So what was my inbox full of last night? And by the way, I promise soon as we're done with this, we'll get right into the markets because there's a lot of moving parts today. I got email after email after email. So what do you think of Jimmy Kimmel being knocked off his show as of now temporarily? Well, as you know, we don't have an agenda, ulterior motive, or bias, but we are quite logical. And we're quite logical not just in the occurrences, but in the reactions which are, well, let me explain. So last night when all this is happening, what we do is start taping. And you know what we tape.

And we have a lot of comments from what we call journalists. You know, the reporters and the anchors that are paraded in front of you. And you know what we think of them. because they are biased. They don't care. They have an agenda. They have an ulterior motive. And I was amazed to see one thing only.

Everyone's saying the same thing, but there was one line that I really picked up on that came from a guy that's always on TV. I'm not even going to mention names. I hope you don't mind. And I'm not going to go through the litany of opinions. In case you don't know, Jimmy Kimmel, Colbert

they spend their shows before the guests come on they rip the Trump and they rip Maga that's all that's basically what they do I told you I did an experiment back when and I just taped Colbert for one week

and on the weekend I watched the monologue and 99% of it was about Trump ripping Trump on anything and everything making fun of him and as you know I'm no I'm no big Trump fan I didn't find it funny. I found it boring. And they were all laughing in the audience, whatever.

Anyway, so Jimmy Kimmel said, he lied on TV, something about the guy who shot Charlie Kirk was MAGA. And all the MAGA people are turning themselves into a pretzel trying to prove that it's not them, which is amazing, absolutely amazing, that this is what counts for funny. but one thing stood out for me, first and foremost, that for me tells you everything you need to know about these people. This is a quote, we are witnessing the most brazen attack on free speech in modern American history. That was a quote yesterday from one of these pundits. we are witnessing the most brazen attack on free speech, and I'm thinking to myself,

the most brazen attack on free speech, huh, what happened in Utah in the last couple of weeks? Oh, a 31-year-old man who was going to sit there and debate people who disagreed with him on campus, and then talked about his beliefs. In other words, free speech was shot in the neck dead by a cowardly prick from 200 yards away that's going to spend the rest of his life in a six by nine until he's executed. Yet somebody said, kicking Jimmy Kimmel off of his TV show was the most brazen attack on free speech. And I'm thinking to myself, is this person just a schmuck? Is he that much of a moron?

Is he that much of an imbecile? And my answer was, yes. That's what was going on last night, ladies and gentlemen. The people that are paraded in front of you were having bigger crap fits about a comedian being taken off TV than a 31-year-old shot dead in the neck. They had no emotion, no nothing when the 31-year-old was shot dead in the neck, but they were beyond the beyond last night because a comedian was taken off TV. How's that from my thoughts? I couldn't give a crap about somebody being taken off TV.

It's not going to change my world. It shouldn't change your world. But these people keep getting paraded in front of you to try and to tell you something that is such gargantuan bull crap. I heard another one. The End of Democracy. I heard that from about eight of them yesterday, including a couple of senators and congresspeople.

There's my answer. They're full of it. That's all. Be careful what you hear, and that's from everybody. Do your homework. Understand the job. gender and ulterior motives. I just remember what I just told you.

I couldn't give a crap whether he's off or on. Doesn't matter to me. Oh, and by the way, do you remember when Roseanne was kicked off for a tweet? Did you see any celebrities having fits over that and saying that they are pissed off and they're not going to do this or that anymore? Well, they were out last night, the celebrities,

backing Jimmy Kimmel because he was taken off. but Roseanne was taken off. By the way, I'm not commenting on what she said whether it was wrong or right. I'm just letting you know she was taken off for a tweet. And I believe there was some Disney woman that was also canned also for something. And I didn't hear the celebrities come out for her. I also don't remember the media yelling and screaming about Roseanne. I believe her name was Gina Carrano or something like that.

I don't remember that either. So just remember, ladies and gentlemen, agendas, ulterior motives, bias. They hate you. They're just conning you. We want you to remember what they did with global cooling. I want you to remember what they did with global warming. I want you to remember when it cooled off again.

They changed it to climate change. So guess what? Climate change. If it's cold out, it's climate change. If it's hot out, it's climate change. They're here to con you and make a lot of. money off of it. That's all. We're done. Whether he comes back on, I couldn't give a crap. I hope it works out for him. We always wish everybody's success. We are in hopes that everybody means well

and sometimes slip up and make mistakes. We're not perfect, right? None of us are perfect. We've all made mistakes in our life. Maybe Mr. Kimmel will come out and say, you know, I screwed up or whatever. I don't know. I don't know. I don't. don't care. I wish him all the good health and success in the world. I heard he's got a is it a son that is very a lot of rough health for a son.

I couldn't imagine that. I hope it works out for him. But dudes and duets get rid of your bias, get rid of your agendas, get rid of ulterior motives and be logical. May I read that one more time, by the way? We are witnessing the most brazen attack

on free speech in modern American history because Jimmy Kimmel was kicked off. Up next to markets, 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 complementary portfolio review.

The number to call is 888-4-22-559. That's 8-8-8-4-22-5-9. That's 888-422-5-5-9. Investment Advisory Services offered through Colbomb Capital Management. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Mbata. We discussed his vision for the future of quantum computing.

At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together? It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes.

Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right? My cell phone is a mature technology at this point.

How far are we from that point with Kondo? By 2029, we'll build the first fault-tolerant computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st.

Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, body armor, or Ida, silk, Capri-Sun, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy. drive-up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. 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 ondeck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. On Deck does not lend in North Dakota, all loans an 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. And welcome once again to Investors Edge, where our first segment had nothing to do with Investors. or maybe it does. By the way, the woman's name was Gina Carano.

She was with the Mandalorian. And I've never, I don't know, what is the Mandalorian? Is it a series or a movie? I don't know. And I believe she was, I don't know, she said something, I guess somebody didn't like. And nobody backed her up at the time. Holly Wood didn't care. Again, it's all back to the stupid agendas.

I'm so sick of all the agendas out there. I don't even know where to start from both the right and the left. It's just, don't you feel like you just being conned out you? You know what by all of them? By the way, it's going to be $2.5 trillion deficit this year, just letting you know. You want to know why we'll have a good GDP? Because government's spending a lot of money. Okay.

The big news. so here's how it works for me I walk into my office and I have three screens and the front screen has a lot of semiconductors a lot of the artificial intelligence stuff and as I am walking towards the screen I have to put on my glasses

yes I need glasses and I see I'm pretty sure at the opening, I saw KLAC, which is a semiconductor equipment stock, opening up at 1,030 it was showing, up 40 bucks at that time. I see ASML, another semiconductor equipment stock. This is pre-market. at around $925, up $53. What the hell's going on here?

And I see the SMH, which is the semiconductor holders, whatever, and that's up about 3%. I see Nvidia that's been under some pressure gaping up about $5. I'm like, what the hell's going on here? Dow was up about 300 at the time also. and by the time we opened the Dow was basically flat but the semiconductors were Enfuego. Now, let me remind you, I have my dog barking in the background. You'll have to excuse that.

He's here in the office and, you know, we love dogs and it's the nature of the beast. I am not going to squirrel him away. Sorry, you'll be able to hear me. Anyway, in the last few days, these semiconductor equipment stocks, remember, they're the equipment makers. So the more being made, the more they do. They went vertical for like three days. And I'm sitting there wondering, what the heck is going on here? Could it be Oracle?

Because Oracle announced all that stuff? Answer, I don't know. Could it be? Maybe it's Oracle. I don't know. Well, one of the biggest things in my industry is the constant seeing the leaking of news in Washington, D.C., and the acting on those leaks before the news comes out. in fact

Nancy Pelosi is the poster child for all this there is an outfit that actually goes and looks at everything she does and posts it they also post what others are doing and it's just amazing how these politicians don't care they are on committees let's say they are on the health committee overseeing drug companies and these people in the committee are buying drug stocks and then we're finding out that they are approving or disapproving certain things in that

industry. I go to jail if I trade on what that's so-called inside information. They don't. In other words, we're in a banana republic when it comes to that. Anyway, recently also is the CEO of invidia has been all over Washington, D.C. He's in the UK with the president. He's cutting this deal and that deal. And then also Intel, there was a 10% buy of Intel from the government. I don't know who puts up that money beats the hell out of me. That was in the recent past. So let's put the pieces of the puzzle again together. Intel, the government takes a 10% position. NVIDIA is just hanging around the White House, the CEO, cutting deals left and right. This morning, Intel is announced that NVIDIA is going to take a position in Intel and

put up $5 billion investment in the company at a price of $23. and $28 and they are going to develop artificial intelligence infrastructure and personal computing products so Intel stock was up $5.67

a huge move to $30.57. It was up $7. And those semiconductor equipment stocks and the semis today skyrocketed. Today. Now, I have no information. I have no evidence. But I certainly can add one plus one and get two. Somebody traded on this in the last few days on these semiconductor equipment stocks. And boom. There you have it. That's all. Big move today in the semis. Big move today in artificial intelligence. Big move. today in the building construction of the data centers. The energy component did not have that

good of a day, though. The NASDAQ was up 209. The NASDAQ 100 was up 231. The semiconductors were up 217. The Dow, though, was up 300, I believe, pre-market, only opened up about 30 or 40, rallied up, came down, finished up 120. And remember we said Caterpillar broke out yesterday? It was up 16 bucks today. Remember we said American Express broke out yesterday? Up five and changed today. That's what did the Dow today. Because, well, IBM was up a few bucks. Travelers up a couple. Weakness in United Health again. Remember what we told you? Healthcare starting to get icky again. Up next, we'll expound and other stuff. I'm Gary. This is the one only investor's edge. Hello, I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM.

I recently sat down with IBM's chairman and CEO, Arvin Krishna. And I asked him, how can companies use AI to its fullest potential to create smarter business? My one advice to them, pick areas you can scale. Don't pick the shiny little toys on the side. For example. If anybody has more than 10% of the kids, of what they had for customer service 10 years ago, they're already five years behind.

If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive. Yeah, wow. So we are not asking our clients to be the first experiment on it. We say, you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process,

because the biggest change is not technology, is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals

and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, body armor, ORAIDA, Silk, Capri-Sun, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in store or online for easy drive-up and go pick up or delivery. Restrictions apply.

See website for full terms and conditions. On Deck is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, On Deck's loans up to $400,000 help make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-sons. Star Trust Pilot Reviews. On Deck delivers funding you can count on. Apply in minutes at ondeck.com. Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. On Deck does not lend in North Dakota. All loans and 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. Do-da-na-na-da-da-da-da-da-da. Hey, welcome once again to Investor's Edge. Thanks for being with us today. So, we don't know outcome.

We don't know what the future holds. We can just tell you what's being said in real time, that there's this gargantuan build-out coming in artificial intelligence. There are many out there that believe, why are they doing this? They're not going to make any money off of it, and they're going to be wasting their time. All I can tell you in real time, you have some stocks going vertical.

I mean vertical off of news of what is going to be. And we don't know if it's going to be or if it's not going to be beats the hell out of me. All I can tell you, there are a few stocks that have gone vertical, including the semiconductor equipment stocks that don't usually do that off of this news. And I want to repeat, I have no evidence, but this is quite suspicious. I'll never have any evidence, but it's quite suspicious. Nobody will ever get in trouble, but it's quite suspicious. Nobody will even be investigated, but it's quite suspicious. Don't you think?

I do believe one plus one equals two. Now, where does it go from here? Well, let's just talk technical analysis. These areas are stretched, extended, overbought to the upside. But I could have said that yesterday. And they got more stretched, extended, and overbought to the upside today. So beats the heck out of me. what's next except to tell you they're stretched extended and overbought to the upside and we'll keep on watch

we'll see how it goes i'm jealous i don't own these semiconductor equipment stocks i can tell you two weeks ago they looked like crap they were under pressure i wouldn't touch it with your money and they just lit the fuse or somebody lit the fuse. And away they've gone. And all I can tell you that spend better be there. But this was some big news. Now, if you're going to ask about NVIDIA, all it did today was get back right at its 50-day moving average

in a range, I have a sneaking suspicion that's going to spend some time in a range for now, and we'll let you know if that changes, especially an important name like that. Anything untoward today, no, I will tell you yields were up again today, so let's put that in perspective. The central bank lowers rates, and real rates have gone higher. I was watching some people today say, finally, J-Powl lower rates, and that's good news for the economy, and I'm saying, wait a minute. No, it's not so far. The 10-year yields up.

That means mortgages and loans are up. That's not good news. In fact, that's not so good news. So I don't know what these people are talking about when they say that. I am in hopes that 10-year yield comes down, but I can tell you, did not finish well today. Did not finish well today, that 10-year yield. What else sticking out for me today? Oh, the Russell 2000.

Whoa. Okay. So the Russell 2000 finished at 10,000. 2467 today. 2467. This is 2000 stocks. They call them small caps, but I have to tell you the definition of small caps is a hell of a lot different than what they used to be. Anyway, I do want to let you know at the close today, the Russell 2000, which hit 2459 I am going to the nearest number, In December of 2021, or was it November, November of 2021 hit 2459. In November of, that's 2021.

In November of 2024, three years later, hit 2466. And then we had the Trump tariff crash. We have now come down and we now finish just above those levels. There is a possibility of one hell of a big small cap breakout now in the market. Small caps that have been dead for three years. Now we do have the big V-shaped move up from the lows of the Trump tariff crash, but I must tell you, if you take out the Trump tariff crash, which was news-driven because of crazy tariffs.

And cross that out, you basically just have a 2466 high, maybe you pull back to 2200, start a new base, and now look to possibly break out. Just letting you know, this could be muy importante, ladies and gentlemen, because it's 2,000 stocks, some off the beaten path, but would be in addition to what we have seen. And by the way, we're not telling you to buy them, sell them, short them, recover them.

We're just letting you know what's happening. And I will tell you the IWM is the most traded Russell 2000 ETF, IWM, trades 36 million shares per day. And by the way, is it $245? So very liquid stuff. Will it fail? I have no idea. We're just letting you know it is at what we call the tips.

The tips. The highs. Did not finish well yesterday on the Fed. Finished well today. Tomorrow is another day. We'll see how it plays out. clean breakout and a stick will invite institutions into it. Was the semis part of this?

Yes, but I think there's more to it than meets that eye. So there's your small caps for you today, ladies and gentlemen. I also have to mention, remember how I have been telling you, a lot of no-sale stuff. Quantum, nuclear. stuff like that. I'm just letting you know they've continued higher. I don't want to mention names, but I'm just letting you know. Here's one that was up 10 bucks today to 105. It's now at a $15.5 billion market cap with no sales. Now we hear they will have sales, but as of right now,

no sales. And if a bare market started tomorrow, they would crash these things. But I am promising you, well, I cannot promise. I believe there is no bare market starting tomorrow. How's that? And as you know, as we always told you, if the semiconductors and financials are acting well,

there is no chance of a bare market. That is quite factual based on the characteristics of bull and bear markets throughout history. So anyway, some no-sale stuff. And you know what? There's a bunch of no-sale stuff cracking up. We'll see how that plays out. Normally, we will not play them when the market tops.

I have to tell you, we're going to try and short the hell out of them when we believe a bear market's coming. Just recall that we told you that GameStop would crash. We told you Beyond Meat because of a fad would crash. We told you AMC would crash. We told you Rivian would crash. Just based on valuations. You can't have no sales in a $15 billion market cap.

It's impossible. Up next. In real time. We'll think of something. I'm Gary. This is the one only investor's edge. Hello, I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Gambata.

We discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing. Whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. Building actual physical machines.

Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point. when it will mature, right? Yeah. My cell phone is a mature technology at this point. How far are we from that point with quantum?

By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31. Spring in for storewide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, Orahida, Silk, Capri-San, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings.

Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go-pick-up or delivery. Restrictions apply. See website for full terms and conditions. On-deck 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,

OnDec delivers funding you can count on. Apply in minutes at ondac.com. 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 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. In The Wester's Edge. With Gary Culper. I was working out the other day, and I was listening to Rush live from long time ago. Damn are they good. And I was beeping around the gym, and people are looking at me like I'm a nut job.

but hey, you know, it's rush. And you should see when Genesis goes on. Dang. Boy, do I look like a fool, but such is life. Got to enjoy what we enjoy. All right. Few notes. A, valuations remain in the trees.

B, but throughout history when markets are near highs and then the Fed is lowering interest rates? Usually, well, let me give you a statistic. Whenever that's occurred a year from now, markets have always been up. And on average about, I think I read about 10, 11%, I'm just letting you know what they're saying.

Whenever markets at highs and the Fed is lowering rates at that time, now there are other people out there saying they shouldn't be, lowering rates when things are when the markets at highs. We'll let them decide. Next thing I wanted to bring up and this is a very important point going forward. What group have we been harping on to really avoid recently? There's been one group, remember? And there's a few, but there's been one that has really stuck out. The restaurants. And I don't know exactly what's going on in the industry. Oh, yes, I do. There's too many.

That's number one. And number two, well, which means a lot of competition. And it's just a different world right now. Cost-conscious type of world. And we have said to you, avoid the restaurants. And we told you there was only one that was hanging there. Not bullish, but at least not getting trash like some of these others. Well, it just so happens that Darden restaurants reported earnings down 8% today.

Down $16 to $192, and it was down about $20 at one time. I guess their guidance not good. So we're just letting you know the restaurant group is in a bearish phase of unknown price and time, which some of them have been just absolutely smoked. smoked we know about Cracker Barrel yesterday and by the way Cracker Barrow has dropped from $72

to $46 since mid-July and boy oh boy they should be listening to me I could help them out but it's not just Cracker Barrel you got Starbucks that's gone from

117 to 83 since February you got Texas Roadhouse which has gone from 200 to 159 since June or Wing Stop, which I, by the way, I've never been to a Texas Roadhouse or Wing Stop, I guess I got to do that. It's gone from 434 to 255. Yum Brands, 160, not bad, 163 to 145. That one's actually okay.

But Brinker International just was 187 recently, 138, and Kava, 172, 172, to 63. Wow. So just letting you know and why are we letting you know? Because whenever we come to you, we talk to you about avoids, it's for a darn good reason. And if we ever come to you and say,

avoid the S&P NASDAQ, NASDAQ, NASDAQ 100, and you know what I mean. That means we're in a downtrend, bearish phase, bearish market. The big indices have yet to break the 50-day moving average since they got back above off of the Trump tariff crash in April, which is kind of amazing.

Not very normal, but so be it. And I think it has to do with a couple of things. Number one, the bully pulpit at the White House. The president of the United States has been calling for 1% Fed funds. And the President of the United States has just put one of his peeps in there in the Fed who called for a half point yesterday. The President of the United States also attacked one of the Fed heads, which what I believe

is BS, and I would tell that to the president, in order to get her out and put one of his people in. And the President of the United States next year will have, it will be able to nominate his own head of the central bank, and I believe the market may be getting in front of the fact that Donald Trump is going to be running the central bank, and he wants 1% Fed funds rates, and I got news for you. I'm not so sure market's going to be upset with that. So I think there's that component, and then this big, gargantuan numbers being bandied about by all these companies on artificial intelligence.

Just remember, this is all predicting what they are going to spend and where it's going to go. We're not saying it's not going to happen, but we're letting you know as of right now, it's a lot of, this is what we're going to do. I have news for you at this juncture. They better come through with those numbers because I'm not so sure things would be thrilled if all of a sudden there's an announcement, well, we said we're going to spend $10 billion, but it's only going to be three. That could be problemo number one.

So the restaurants. And there, as we told you, there are other bearish action in the garbage collectors, the exchanges, the payroll companies. The food and beverage stocks are just getting obliterate. And by the way, one of those areas that have been holding up, In the Staples is tobacco, not anymore. They're coming after that too. And that's all.

Hey, ladies and gentlemen, I will be on Fox Business Network from noon to two tomorrow. By the way, with my screen in front of me, that's how we do it. You all 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. Always appreciate your time. Have a great night, everybody. good night. 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. Hey, it's Ryan Seacrest for Albertsons and Safeway.

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