Investor's Edge with Gary Kaltbaum - Iran, our take! [03.02.2026]
Episode Date: March 2, 2026https://garykaltbaum.com/The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or Bi...zTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.
Transcript
Discussion (0)
During Lowe's Pro Savings Days, save more on what goes into the job.
Add power to your lineup with a free DeWalt 20-volt max 5-amp hour battery
when you buy a select DeWalt 20-volt max tool.
Plus, get up to 35% off, select major appliances from Whirlpool, Maytag, and more.
Get the job done right.
Keep more in your pocket.
That's pro savings days.
Our best lineup is here at Lowe's.
Valid through 327.
Selection varies by location.
Raw supplies last.
Investor's Edge with Gary Coltbaum.
Straight talk about you and your money.
Now from the BizTalk Studios, here is Gary Cultbaum.
And welcome once again to Investors Edge.
I'm Gary Coltbaum, your host.
A thanks for being with us today.
Glad you here, ladies and gentlemen.
Happy that you are listening.
It is March 2, 2006.
It's Monday.
Hope you're having a good day.
Of course, quite the last couple of days.
this country has had, and we are going to discuss it.
As you know, we explain things in a way.
That should be explained in a certain way.
Why?
No agenda, no ulterior motive, no bias, and given you the straight.
because from all sides, you're not getting the straight.
So, first off, if you do not get this radio show in your city, we'll post at garyk.com.
We'll also post on our X feed.
If you don't follow us, and X you should.
We'll also post it on the Biz TV YouTube channel.
If you'd like to email me, just be nice.
And very simple, this is serious talk on everything that affects you, whether it be the markets because of all this.
The economy, because of all this, your job or your industry, because of all this, we'll cover it all.
So a few things.
And we're just telling you how we look at things.
As you know, we have a soft spot in our heart for the BS that is spewed from all the people in D.C.
throughout the years
and it's gotten worse and worse.
And they just
really don't want to tell you the truth.
And when they get caught,
they just back up,
back away, all that crap.
So a few things you need to know.
Number one.
Well, let me flip a coin.
I'm going to flip a coin
and see which I'm going to start with.
Let's see.
heads will be the right, tails the left. It is tails. Let's start with the left. They're
whining and complaining. Whining and complaining. How dare he do this? He's a Hitler. He is a dictator.
He did not have any reason to do this. We were not in any way, shape, or form.
in the crosshairs.
Wah,
wah,
the left.
The pundits
are going on TV
and yapping away.
What you need to know
is they never said a freaking word
when Barack Obama
was droning the hell out of the whole world.
Did you know that?
Because if you don't,
it's because it wasn't reported.
Barack Obama
loved killing people.
Did you know that? He loved it. Go look it up. Same thing with the deportations.
Barack Obama was the king of deportations. And you know who he used for the deportations? Ice.
Did you ever see anybody protesting ICE back then? Did you hear the media? So what you need to know is they're full of crap. They're full of crap on their hypocrisy.
You see, if they weren't such lying sacks, you could actually say, well, the president should have let Congress know that you should get the checks and balances.
The president is coming out and saying, well, we're allowed to do this because there's a certain act that if you're under duress, you can do.
You can do this, and you have 60 days.
But the Pentagon came out and said,
we were not in any harm's way.
Their own Pentagon.
Oh, so, we're being lied to by the right.
They're lying.
Bear with me.
The pundits on the right.
Screw them all.
For over a decade with this president,
they made fun of, put down, blasted the neocons, the interventionists, the Cheney's and the Bush.
What does Trump do? Oh, Venezuela. Oh, threatened Greenland with military. And now this.
So, up yours to them. I don't want to hear from that anymore. I don't trust them.
And what you need to know is, if this was a Democratic president doing this,
the righty pundits would be crapping in their pants and cursing them out.
Since it's a Republican president, the Democrats are cursing them out.
And of course, if it was a Democratic president, the Democrats would kiss his butt.
So what you need to know is all these people that have taken the 38 trillion of debt,
they're all a bunch of lying sacks of crap on all this.
but I look at it one way
and only one way at this point
as I have said to you
unfortunately we're just spectators
we have no control
we have no control that the president
takes a million dollars in and pardons
a family member
corruption we have no control
that Biden's family
corruption of 20 some on million bucks
we have no control
we have no control that this president
massive tax hikes through tariffs
and changes up and down the wazoo
we had no control that Biden was using our tax dollars
to relieve loans
in order to garner votes
no control we had no control
when Biden opened the doors
let anybody and everybody in
with hardly any vetting.
Millions of people come in.
We had no control.
And guess what?
We have no control of this.
Because unfortunately, the whole government system
is now out of control,
doing whatever they want to do
without any checks and balances whatsoever.
And maybe one day we'll be going back to that.
It ain't happening now.
So I look at things one way.
Hope.
that whatever they decide to do,
whatever they decide to do,
works out and works out very well.
Unfortunately, it's not working out great.
I'm pretty sure they miscalculated
Iran doing what they're doing.
I mean, I stayed at the verge in Dubai,
and it was on fire yesterday.
I stayed at the Fairmont in Dubai.
They hit the two places I was.
was that? That was on fire. But big
miscalculation by Iran. You know what they just did?
They put the Middle East on the side of Israel even more.
And by the way, the Middle East is on the side of Israel.
They won't say it. Oh, but they are. They want peace. They don't want terror.
Simple as that. And Iran
running the joint is a bunch of terrorists. That's all.
So with all the yapping and all the BS, I'm in the camp that the president should have done the right thing and did checks and balances.
I'm not privy enough on whether they should have done this or not, but they found a time and they decided to.
I just now sit back regardless of what I think and hope it all works out.
Four people already dead, Americans, servicemen.
Few people in Israel dead.
I hate it.
I hate seeing it.
But this is the cost sometimes.
You know what?
I even hate, I take that back.
It shouldn't be a cost.
I hope it works out.
As you know, I have a love-hate relationship with Trump.
I hope whatever decisions he makes works out.
I hope this gets done quickly.
I hope that the Iranian people who are celebrating the taking out of this prick that was running the place for how many years, I hope they get their freedom that they want.
That is my hope.
What else can you do?
Why didn't complain?
We're just spectators now, unfortunately.
You think we have a voice?
You think it's we the people?
You all agree, right?
Anyway, that's my whole take on it.
We'll put a bow tie on it next.
I have a few other things to say.
And then we'll hit the markets
and the outcome of the markets
on anything that happens going forward.
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 you're a
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 888-4-22-5-59.
That's 8-8-8-5-59.
That's 888-4-22-55-59.
Investment advisory services offered through call-bomb capital management.
Lately, car buying has become a pretty dull experience.
but on eBay, behind every car in part is a story waiting to be shared.
There was a guy who bought a 2020 Porsche Cayman GT4 on eBay.
It was well-loved.
There are plenty of Cayman's in great condition on eBay,
but this one needed some work.
That's just the start of the story.
So after this guy gets a great deal on his dream car,
he rebuilds the whole thing with all these parts he found on eBay,
performance brakes, suspension, body panels, the works, guaranteed to fit.
Next thing you know, this nearly screaming.
strapped Kaman was out there on the track as a full-blown race car.
You're ready to go daily driver, your next Restamond.
Hello, Lodda Salon, hand the parts to finish it.
eBay has thousands of cars and is the largest online selection of vehicle parts and accessories.
eBay. Things people love.
Reese's peanut butter cups. They go perfectly with music.
Podcasts. And welcome back to the show. Even nature sounds.
Oh, and the thing where someone crinkles tissue and whispers at you.
Hello.
Look, I'm not here to judge what you listen to.
I'm here to judge you for not eating Reese's while you listen to it.
Reeses.
Ashley, go back to the nature sounds.
Nice. Yeah, that's really nice.
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-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 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 called bomb.
It doesn't get better than this.
So, the media.
Boy, do they suck.
So, in case you don't know,
the New York Times does an op-ed for this scumbag that was running Iran.
And you would have thought it was your grandpa they were describing.
With his white beard.
That's how they started it.
So I just want to let you know
You're not going to get the straight
I don't know what's wrong with these people
The man is
All numbers in
They just murdered 10,000 30,000 people
That were protesting the government
All numbers in
Amazing
New York Times
The BBC
I don't know what happened to them
The haters of Jews in Israel
Unreal.
So,
careful what you hear.
Do your homework.
Get some straight
because you're not getting a lot of straight.
Let's continue.
So, you've been hearing
about the straight of whore moves.
Now, I think I was the first person
about 10 days ago bringing it up
on TV on Fox business.
One of the first.
What it is, it is,
It is a, I believe, 27 miles wide where 20% of all oil comes through.
I believe it's also a big number of liquid natural gas.
There's all this story that Iran can close the Strait of Hormuz.
They cannot.
They can make it a tougher point.
They can bomb a ship.
they can try
they have no legal authority
so I don't think that's going to happen
to a certain extent
oil prices
well I got them up
about 450 today
everybody was expecting a lot more
don't blink
they can be up a lot more tomorrow for all we know
remember oil prices
are an outcome of
traders speculators
and investors and betting on which way.
And obviously we're in this news-driven environment.
But I will tell you this.
And this is the best way I can put it to you.
Venezuela is sitting on 303 billion barrels.
By the way, and a decent chance in the years to come,
It's going to take time that with somebody really running the show there, they can start working on that again.
Saudi Arabia, 267 billion.
Let's pass Iran.
Canada, 163. Iraq, 113.
145.
UAE 102, Russia, 808.
Then it drops down.
Libya 48, United States, 45.
And it just keeps dropping down.
There's a lot.
of oil reserves out there.
But the market will decide.
Oil stocks, interesting enough, the services were down today.
The production was up, and the big oil was up a little bit also.
It's a tough call on which way?
Why?
The most freaking news-driven environment.
I've seen a very long time.
There's also fertilizer and some other things.
I noticed symbol CF today, which is CF Industries, without its fertilizers.
That gaped up today.
So we'll be watching.
The longer it goes, not great.
Not great.
There are, by the way, also, I should have said this at the outset, there's some criminals out there that bet on this polymarket about this happening like two hours before.
Unfortunately, it looks like this administration has loose lips.
Hopefully somebody gets indicted and kicked in the teeth for taking advantage of this.
Just let you know.
Now, as far as markets, well, they were.
down 500,
down 300,
and guess what?
The Dow was down 70.
NASDAQ was up 80.
NASDAQ 100 up 32.
Small and midcaps were pretty decent.
Huh?
How can that be?
Well, let's add
defense stocks were strong today.
Oils.
Commodities.
Bouncing the
financials,
not a lot.
But they were
really into today was NVIDIA invested in a couple of these opticals, L-I-T-E up 80, C-O-H-R up 39, a couple
other strong. So, NVIDIA moves some needles today, and NVIDIA was up five today after a very
rough couple of days. Guess what NVIDIA did today? What do we talk to you about here? Support level,
where the stock is in rough shape.
We go by the 50-day moving average, which is the stronger one,
the 200-day, which is the long-term one, that you better hold.
Nvidia almost to the penny today went down to the 200-day moving average on the open
and bounced well.
Very important.
It's in no way a bull market.
You could go back to early August, late July, that's where the stock is trading.
with one move to the upside and right back down,
we'll call it an eight-month trading range.
Held some good support today.
That helped.
Once the market saw that, did a little better.
Simple as that.
Any other outcomes from what's going on out there?
I think it's oil defense commodities.
Oil defense commodities.
Oil defense commodities.
war ends tomorrow you're not going to want to own
Northrop Grumman and Lockheed Martin
ends tomorrow you're probably going to
see the oil stocks come down
will it end tomorrow
not so sure
you know what did stick out today
the Israel ETF was up 6.6%
today
why would that be
what have I told you about Israel
when all said and done
their culture
they wake up
they take care of families
they go to work
try to improve their lives
for themselves and their families
you have amazing technological
and medical advancements there
and they ignore all the bull crap
while fighting wars
what have I told you about Israel
first time I was there
we'll go with that next
and we'll continue with the rest of the markets
This is the one only investor's edge.
The car buying has become a pretty dull experience,
but on eBay, behind every car in part is a story waiting to be shared.
There was a guy who bought a 2020 Porsche Cayman GT4 on eBay.
It was well loved.
There are plenty of Cayman's in great condition on eBay,
but this one needed some work.
That's just the start of the story.
So after this guy gets a great deal on his dream car,
he rebuilds the whole thing with all these parts he found on eBay.
Performance brakes, suspension, body panels, the works, guaranteed to fit.
Next thing you know, this nearly scrapped Cayman was out there on the track as a full-blown race car.
You're ready to go, daily driver, your next Restamon.
Hello, Lodda Salon, hand the parts to finish it.
eBay has thousands of cars and is the largest online selection of vehicle parts and accessories.
eBay. Things people love.
Here's a quick podcast for all you true crime fans.
The case of the missing Reese's.
It was me at the store with my mouth.
Motive?
Um, they're reases.
What was that going to do?
Stop myself.
Tune in next time to see if I do it again.
Spoiler, I will.
Wow, that had everything.
Rees, suspense, reeses.
Cashflow crunch?
On Deck's small business line of credit.
gives your business immediate access to funds up to $200,000 right when you need it.
Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without
missing a beat with flexible draws, transparent pricing, and control over repayment.
Get funded quickly and confidently.
Apply today at on deck.com.
Funds could be available as soon as tomorrow.
Depending on certain loan attributes, your business loan may be issued by 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 Coltbaum.
It comes highly recommended.
You're going to feel better if you talk to him.
So, what I tell you about Israel?
First time I was there, I figured out all the media, all the Jew and Israel haters were full of crap.
In 10 days.
That they just lied about everything.
I already knew that.
Number one, apartheid.
You go into Old Jerusalem.
It's a bunch of businesses inside Old Jerusalem.
And guess what I found?
Arabs, Muslims, Jews, Christians,
every race, creed, color, denomination, gender, gays,
living together, working together.
playing together in harmony.
In harmony.
In harmony.
Apartheid my ass.
When I was there my first time,
I had to go into bomb shelters.
I think it was six times.
On the seventh, well, five times.
On the sixth, I'm in a restaurant in Tel Aviv.
The sirens go off.
I noticed a bunch of people
Run into the kitchen down into a bomb shelter
But a bunch of people at the tables
I said why are these people staying at the tables
Oh they're the Israelis
The other ones are tourists
I said screw it I'm staying here
I asked the military
One day over my head
The Iron Dome took out a missile
I have the picture I put it up on Twitter
An Iron Dome took out a missile
Above my head
At 2 p.m. coming out of the Carmel
Carmel Market in Tel Aviv in bright sunlight, blue sky.
And this happened a few times while I was there.
And I asked the military, how can you not doing anything about it?
They told me they were used to it.
And not unless it's really bad, will they do anything back?
I'm like, what?
That's what he said.
And they didn't do anything.
And then the night we were leaving,
We're on a Delta flight, 1130 at night.
We're out about 45 minutes.
Ladies and gentlemen, we have a mechanical problem.
We have to turn back.
And what we will do is we will put you up in a hotel and you'll take a flight tomorrow.
We'll have an extra plane.
Terrific.
As we were landing, there was like 150 police cars or whatever you call them as we were landing.
And as I walked out the pilots there and I said, my exact words, this isn't mechanic.
there were bomb threats on all the flights. They brought them all back in, just in case. This is what they live under. And you know what they do while they live under it? They wake up. They take care of their families. They try to live in peace. There's no war. Israel never starts. Oh, they'll certainly answer it. But you just need to know this big gigantic lie. Anyway, Israel
stock market was up 6.6% as they're getting bombed.
And unfortunately, they were hit pretty good.
And amazingly, I think Iran is just saying F it.
If we're going to go down, we're going to go down in a blaze.
And we're just going to try and take everybody out because they've just made
enemies of everybody in the Middle East if they weren't already enemies.
So hopefully, good will come out of this.
I gather we're going to continue to be news driven.
As far as somebody who does this for a living,
we're going to pay as much attention as we can.
It's good to see the market.
Give it the middle finger today.
The question is, are they going to give it the middle finger tomorrow?
I don't know.
There were a couple other outcomes today.
Interest rates that went down big time Friday,
went right back up big time today.
So interest rate sensitive,
housing, housing related,
got hit pretty hard.
Something like a Home Depot
in the Dow today was down.
10 bucks.
That's a big 10 for a Home Depot.
But very good strength today
in the artificial intelligence
and video cutting more deals
or investing more money
with this company and that company.
And damn,
symbol L-I-T-E,
Symbol C-O-H-R, they were already in bull markets.
They really rolled today.
Another one is A-A-O-I, I believe, in that area.
That was up strong, even though they lose money.
And that was a big story of the day.
Otherwise, a lot of mixed bag.
I can tell, as I mentioned, oils in the fence, retail got hit, hotels, cruise lines,
airlines got hit, duh, a lot of stop travel in the Middle East. Shut down. The Dubai airport got hit.
So that didn't help. I watched them closely because if this ends quickly, guess what's going to move right back up?
Correct. That's how it rolls. So, job, we're not in the big earnings season, so
The job shouldn't be that tough.
Oh, it's a little tougher right now.
Why?
A lot of moving parts.
A lot of news driven.
We had an inkling this was going to happen.
I must tell you, my guess is they miscalculated how much that Iran was going to throw back.
Or even the ability to throw back.
And I mean, they are just bombing everything.
I hope you are paying attention.
This is of import because they're bombing countries that used to have nothing that are now metropolis.
You're not Abu Dhabi, United Arab Emirates, Saudi Arabia.
These places are magnificent.
I've yet to been to Saudi Arabia.
I think I'm planning on it.
I think the next time the WWE has one of their pay-per-views, I may go just for that.
That'll be my excuse.
anyway that's a little this little that
again
to wind it up
I'm not a big fan of Trump
I love some things he's done but I don't
like the autocrat part of it
and I do believe this should have been
a little bit more
checks and balances
but I'm rooting for him
I stand beside him
and if it was Obama I'd be standing beside him
why they're running the freaking country and again if you turn on msnbc especially they're freaking insane
they're insane okay complain now shut up and say but let's hope this works out they don't shut
up hitler this hitler that trade in a country the whole works
CNN not as bad as MSNBC
And yeah, I have three TVs on at once
Anyway
War
What is it good for? Absolutely nothing
Huh
And by the way, there is this whole thing
On war
That
What was the old line I sent to my peeps today
Um
I forgot the line
If I find it
will mention it to you
about when the drums
when the cannons go off
something to that effect
and the markets
buy on the cannon, sell on the trumpets
whatever
I am just
fingers crossed
no other
American
Israeli
good guys
dies
oh by the way
the media reported that
Israel bombed a children's school in Iran without checking on it and they found out it was a bad missile out of Iran that hit the school.
Again, again, we pull no punches here.
38 trillion in debt and counting big time.
Tells us so.
We're pretty much out of earnings season.
The big story remains.
there is a specific group
of artificial intelligence stocks
not all
that are just strong
still have problems
the financials were mowed down
last week
the software stocks bounced again today
but in bare markets
I will mention
crypto up next because
maybe carving out something
thanks for being here
I'm Gary this is the one only investor's edge
lately car buying has
become a pretty dull experience. But on eBay, behind every car in part, is a story waiting to be
shared. There was a guy who bought a 2020 Porsche Cayman GT4 on eBay. It was well loved. There are
plenty of Caymans in great condition on eBay, but this one needed some work. That's just the start
of the story. So after this guy gets a great deal on his dream car, he rebuilds the whole thing with
all these parts he found on eBay. Performance brakes, suspension, body panels, the works, guaranteed to fit.
Next thing you know, this nearly scrapped Cayman was out there on the track as a full-blown race car.
You're ready to go daily driver, your next Restamod.
Hello, Lotus Alon, hand the parts to finish it.
eBay has thousands of cars and is the largest online selection of vehicle parts and accessories.
eBay. Things people love.
Here's a quick podcast for all you true crime fans.
The case of the missing Reese's.
It was me at the store with my mouth.
Motive?
Um, they're rees.
What was I going to do?
Stop myself.
Tune in next time to see if I do it again.
Spoiler.
I will.
Wow.
That had everything.
Rees.
Suspense.
Rees.
Cash flow crunch.
On-Dex small business line of credit gives your business immediate access to funds,
up to $200,000, right when you need it.
Cover, seasonal dips, manage payroll, restock inventory, or,
tackle unexpected expenses without missing a beat.
With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently.
Apply today at on deck.com.
Funds could be available as soon as tomorrow.
Depending on certain loan attributes, your business loan may be issued by On Deck 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.
Action!
In the Bester's Edge.
with Gary Culper.
And welcome once again to Investor's Edge.
A crypto, Bitcoin, all that.
Maybe carving out a near-term low in its bare market.
Maybe a tradable low.
The last time that occurred,
I think it was, we said to you maybe a tradable low.
On January 5th, it closed at 5,36.
It pulled back to 50 within two days
went up to 5560 and then croaked.
So if you notice, if you look at a chart of Bitcoin, that's the IBIT, by the way.
For over three weeks, it has been trading kind of flatline.
That's the best way I can put it.
It had a strong move last Wednesday on a little gap to the upside, pulled back for two days,
and got back today the pullback, and finished just about near the high.
high of Wednesday. If it can take that out, I gather you're going to get some percentage
points as it rallies back up to the 50 day, which by the way closed at 4602 on the IBIT,
with the IBIT trading at 3938, so there could be some room for it to rally. In its bare market,
and may I state for the record, typically bare markets have three legs down.
but I don't know about crypto if it does.
You've only had two.
So we'll advise, but I can safely say,
looks like there's a chance it can go a little topside here.
Other things, Ryan Zinky, Montana Republican,
will not seek re-election, and another.
the I don't know Mr. Zinky
but I'm just going to use the term
the rats are jumping off the ship
the Republicans know
they are dead meat
in November
and all hell is going to break loose
when the Democrats have all the committees
and impeachment power
and they are going to
subpoena, every freaking Republican up there for all the, what I would call stuff that has been done by this president in the last year.
And you know exactly what I am talking about.
Next, I'm just going to give you a name.
I never met them, don't know them, it's just somebody on the internet, the Twitter.
U-R-I is his first name.
S-I-N-G-H is a second name.
Guri Singh.
He put up,
I'm going to check it out myself, you can too.
I guess he's an AI genius.
And he put up this whole thing
on Anthropic
just dropped free courses to master AI.
No tuition, no waitless, no BS.
Here's 10 courses on it.
I'm just letting you know I'm going to look it over personally.
I've got to learn this stuff.
No, I'll take it back.
I want to learn this stuff.
If this is the shape of things to come,
he also puts up here's some 10 insane grok prompts to turn any idea into income.
Boy, this guy's full of the stuff.
Anyway, go put up
His moniker is at
Hey, H-E-Y
G-U-R-I-S-I-N-G-H
Good on him
I'm going to see how many followers he has
Only 37,000, damn
Anyway, I'll be checking it out
And let me give you one other person to follow
His name's Craig Fuller
He's just freaking billion
brilliant. His moniker is at Freight Alley. He is the best, most knowledgeable transportation type guy out there on trucking and shipping and rails and all that crap. That's a great feed that he has. I learned a lot. He thinks, and this fits in what's going on with Transatlantic.
He thinks that the shipping business, whatever, is on fire.
While most people aren't hearing that, but while we're watching the transports, very strong.
So I gather this dude is onto something that's Craig Fuller at Freight Alley.
for those who are not sure, oh, let's get back to the market real quick, midcaps are poised to break out again.
With all the carnage we've been telling you about, the midcap index, MDY, go look at the chart.
The Russell 2000 held the 50-day moving average today needs about 2% less than 2% to break out.
but that's got a chance held up well when other things did not the S&P is still under the 50 day
the Dow at the close today under the 50 day the NASDAQ under the 50 day by the way the
NASDAQ still down 2% this year midcaps up 9 Russell 2000 up 7 and by the way they
shot out shot out of a cannon first day of the year and any correction
has been quite limited.
But keep in mind, it's because we've had a little more of a broad market.
So if we start to see the broad market waning, oh, they'll wane too.
If I start telling you more than once that advanced declines were one up three down,
I don't think you're going to want to be in small and midcaps.
So let's keep that in the file manager.
And I got to tell you, if the midcaps break above range,
may want to look at it.
Anyway, hope.
Let's hope.
And don't forget, we're all on the same team.
That's forgotten too much.
Until tomorrow, have a great evening.
Drive carefully when you get home, do like we do quite simple.
Make sure you hug your family and hug your children.
They will feel better.
You will feel better.
I promise they will be well.
Same time tomorrow.
Good night.
This has been Investor's Edge with Gary Cultbaum 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-drop 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.
Hey, it's Howie Mandel, and I am inviting you to witness history as me
and my Howie Do It Gaming Team take on Gilly to King
and wallow 267's million dollars gaming in an epic global gaming league video game showdown.
Four rounds, multiple games, one winner,
plus a halftime performance by multi-platinam artist,
Travis McCoy. Watch all the action and see who wins and advances to the championship match against Neo.
Right now at global gaming league.com. That's global gaming league.com. Everybody games.
