Investor's Edge with Gary Kaltbaum - Jumbled mess [08.07.2025]

Episode Date: August 7, 2025

https://garykaltbaum.com/...

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Starting point is 00:00:00 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 CVS.com or just come by our food. store. We can't wait to meet you. Store hours vary by location. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Coltbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum,
Starting point is 00:00:49 your host. A thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is Thursday, the seventh. How to make sure. A two, I hope you're having a good day. As you know, we take this bad boy serious. It is serious talk on everything that affects you. We're going to do markets, and I have to tell you a lot of jello was moving on the plate today because a lot of news is going on. We're going to take issue with a lot of things that are being said,
Starting point is 00:01:26 and we're going to agree with some of the things that are being said. Why? because we have never had, and this is not a put-down, a president that has interfered so much with the free flow of trade and markets as they have been. We've never had this before, in any way, shape, or form. I am in agreement with some things,
Starting point is 00:02:03 disagreement with the many. We'll get into that. We'll do the markets, the economy, economy, your job, your industry, and everything that shapes it and moves it without agenda, ulterior motive, or bias. Politically, we hate them all. They have proven us right with 37 trillion of debt. This administration is up the debt gargantuanly.
Starting point is 00:02:34 This administration has raised the taxes of this country big time. And sorry, I'm a conservative. And those of you who are conservatives should be really pissed off about the tariffs. But we understand. If you do not get this radio show in your city, we'll post it at garyk.com. We'll post it on our X feed. And if you don't follow us, an X you should. We have the YouTube channel, Biz TV.
Starting point is 00:03:09 Check that out. And if you'd like to email us, just be nice. So where do we want to start? first off let's do markets general first and you'll get where we're going Dow was down 224 but that was a win I take it back it was a loss and it was a win why was it a loss well at the open we were at 44 5 am I right 44 5 yeah We were up 300.
Starting point is 00:03:51 Finish down 224. Distribution. The good news is we were at 43-7-99, rallied back from 380 down, but still a distribution day for the Dow. The NASDAQ, well, I will tell you the big NASDAQ, had its way all day. It was down when the Dow was down 390,
Starting point is 00:04:25 but they ramped it into the close, and let me explain how they do that. Apple, Broadcom, Nvidia, Amazon, Netflix, Tesla, that's how they do it. They are buying into the mega caps that have the most influence over the industries, as we have told you.
Starting point is 00:04:55 And it is amazing. It is amazing that we got to this point. I think it's amazing. Seven stocks. Seven stocks, almost 35% of the S&P. Seven stocks, 65% of the NASDAQ 100. So today, that big, did the job. All day,
Starting point is 00:05:22 Nvidia, Microsoft, which was down, but off the lows, Apple, which was up neatly, off of news, Amazon, Meta, which was down, Broadcom, Google, Tesla, Netflix. Costco also. And why do we say that? Because advanced declines again, when 19 down 25. excuse me 19 up 25 down on the NASDAQ we have taught you throughout the years when the advanced declines worsen and worsen while the indices hold up eventually the indices will catch up to the downside we'll see we'll see the advanced declines on the NASDAQ versus the price of the NASDAQ and NASDAQ 100 are pitiful right now and today was another example going to
Starting point is 00:06:34 into the mega caps also the semiconductors other semiconductors today so that's the story in the general sense but this is the biggest week for earnings and i will tell you wow wow wow wild swings today in earnings reports you ready for this uh door dash they opened it up 20 i think 22 then it was only up one finished up 12 Duolingo I am not making this up at one time today was up
Starting point is 00:07:15 125 finished up 47 you want to play that names like Datadog and Draft Kings and Warby Parker opened up strong finished down
Starting point is 00:07:31 HubSpot opened up 20-something finished down 30. Fortinette, one of the software security stocks, absolutely blasted, down 22%. Guess what that did? Crowdstrike, down 26 bucks today, leading software security.
Starting point is 00:08:00 Z-scale, leading software security down 17 bucks today. Banks and regionals now starting to act suspect. That's on top of the, transports on top of the insurance, on top of the auto dealers, and on top of the things that are getting busted up on earnings. Because as I said to you, they're brothers coffee up 12. How about App Lovin up 46? Celsius up 7. Excuse me. Groupon up about 11%. Hell of a list on the upside. Parker Hannafin up 28. And I have a whole column of stocks that gapped up in the last few days.
Starting point is 00:09:05 And we're going to keep a close watch on them for either continuation good, failure bad. Today was a rough day, mostly red. Recent strong gaps in some of the bigger names. Meta was down nine today. A-Lab was down four today. Shopify down four. Not a biggie. Bitcoin Maybe the correction's over Gold may be catching up with the miners tracing out again
Starting point is 00:09:45 Remember two weeks ago We bought little gold stopped out We may get back in One, two, three, four, five, six, seven, eight, nine, ten, 11, 12, 13, 14, 15 weeks of training range in gold While the miners have gone into new high ground
Starting point is 00:10:03 Pay attention to them. attention to that but the most important parts of the equation right now let me say them again watching those big banks and regionals they're starting to give me pause as well as other financials not great not willing to stick the fork in yet but not great the advanced decline figures on the NASDAQ pitiful for what the advanced the NASDAQ is done and as we've said to you seven names of 34 percent of the S&P and seven names are almost 65% of the NASDAQ 100 and those seven names at the close today they ramped them and let me explain to you today on the NASDAQ at 330 was 21-136
Starting point is 00:10:59 they rallied them up 106 points in 30 minutes go look at what they rallied those seven up We're going to take some issue today with some of the things, and you get to decide. I'm Gary. 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.
Starting point is 00:11:59 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 888-4-22-5-59. That's 8-5-5-59. That's 8-5-5-9. That's 888, 5559. 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,
Starting point is 00:12:55 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 stomachache 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.
Starting point is 00:13:22 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 fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. 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.
Starting point is 00:13:55 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. 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.
Starting point is 00:14:11 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.
Starting point is 00:14:23 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 OnDEC or Celtic Bank. OnDEC 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.
Starting point is 00:14:43 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. So, and this is important. This is for each and every one of you.
Starting point is 00:15:09 poor, middle class, wealthy. This is for the people that are on Trump's side regardless of what he says or does. You are about to get a tax hike on a lot of things that you buy, depending on what you buy. There are tariffs that went into place today on many of things. The backers of Trump keep telling us, don't worry about 10 to 15% tariffs. They'll be okay. We have said to you, well, they could be okay because at the topers of Trump, that level they can be negotiated. The exporter could decide to negotiate with you and meet you
Starting point is 00:16:04 halfway. That's fact. No doubt. Could happen. No doubt. But as a whole, companies are going to eat it. They're going to pay the treasury. And they do it immediately, by the way. It's a tax on our businesses. And they get the side if they put it on to the consumer. Walmart has. Walmart's raised some prices. You're about to get a tax hike on a lot of things. And for a lot of people that were complaining about Biden and his inflation, we'll see.
Starting point is 00:16:48 We're not guaranteeing you anything. We're just letting you know. 10, 15% is about to go on, but not that, just that. Brazil's 50%, notwithstanding some exemptions. They just paused China again. You know why. They're scared crapless. Now, what's our other issues?
Starting point is 00:17:14 Besides President Trump raising taxes, big taxes. By the way, they have praised themselves. They have gone on TV and said, we expect $7 trillion in tariffs coming in over the next 10 years. That's $7 trillion out of our economy. What have I complained to you about all the time? Too high a taxes. Why did I tell you we could not have Kamala Harris as president?
Starting point is 00:17:50 She was going to raise taxes on everything. Well, President Trump just raised taxes on everything through tariffs. And if any of you know him to help to stop BS in the public. again out today and said we're raising hundreds of billions of dollars coming into this country those are his words coming into this country
Starting point is 00:18:17 no being paid by this country being paid by this country Apple was paying just paid 1.9 billion in taxes to the treasury why do you think Tim Cook
Starting point is 00:18:37 just bent the knee to Donald Trump because they don't want to pay billions in taxes going forward, and they are taxes. We are not happy. Others are that any president of the United States can shake down companies on their taxes and pick winners and losers based on what they do. That is not free markets. The praise has been well.
Starting point is 00:19:24 They're going to do all kinds of business here. They already have. Well, they're going to do more. Look what he was able to extract. Apple's going to spend this. This company's going to spend that. Taiwan semi is going to build this. I don't like it.
Starting point is 00:19:48 A president should not be. allowed to raise or lower taxes that should go through the House and the Senate and then signed by the president. This is dictatorial and I would say it about Democrat Republican, independent or Whig Party. I am worried. Tariffs going into effect now. We've been told everybody's been wrong about the tariffs. They said it was going to kill the economy. They said it was going to do this. That's not true.
Starting point is 00:20:36 It was the big tariffs of Liberation Day that everybody complained about. That's why they did the pause and knocked everything down. And now they're just going into effect. In a big way, I'm worried. And let me explain the other part. You know, we just did this big, beautiful bill that's going to add massive amount of debt and deficits. They lied about that, too. You know, all you people that hate debt and deficits, but all of a sudden don't care because it's your president?
Starting point is 00:21:14 Well, $2 trillion a year going forward. And that includes tariff gains. I'm worried. I'm not talking about the markets here. I'm talking about your jobs. The economy. because if the tariffs hurt the economy, that'll hurt the job market. Now, to be fair, in a year or two from now, if they have brought in quarter trillion bucks
Starting point is 00:21:56 and the economy's in shape, all is well. I'll be on this show saying, excellent. We have no bias. We want great things as outcomes. We're just tired of the BS. We're tired of the lies. And we don't like uncertainty. And they have put so much uncertainty into the system
Starting point is 00:22:22 backed by their minions telling you how things are so damn great. And of course, he just went and fired an innocent woman because he didn't like a jobs number. So let us call near term not very thrilled with this man. And as you know, we have given him A plus plus plus plus on the border. A plus plus plus on Israel and the protection of Jewish students. We gave him an A plus on deportation, but we think he got out of hand, so we've lowered that down to B minus. But guess what?
Starting point is 00:23:07 He must have heard us. So no longer, well, we'll tell you what no longer he's doing on deportation, by the way. You deportation lover should be upset. 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 pharmacist 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.
Starting point is 00:23:56 Metola, 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 stomach ache 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.
Starting point is 00:24:23 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 fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. 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.
Starting point is 00:24:56 hours. The most common side effects that may be experienced while using biz 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. Cashflow crunch? OnDak'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 OnDec's funds could be available as soon as tomorrow depending on certain loan attributes your business loan may be issued by on deck or seltic bank on deck does not lend in north dakota all loans an amount
Starting point is 00:25:34 subject to lender approval you're listening to america is talking investors edge he's got to be pleased with that the crowd is just on his feet here he's a sooner on a boy with gary colbomb comes highly recommended you're gonna feel better if you talk to him so we were told by stephen miller if you came here illegally, you are going to be sent away. We're going to start with the criminals. And if you are here illegally, you're going back to your home country. That is what they said. No, really, that's what they said. And they were rooted on. Well, just letting you know, they heard me, obviously, because I said it's an impossibility. You can't deport every person that. that's here illegally.
Starting point is 00:26:48 It would be insanity. You will put people out of business. You will destroy the farming community. You will destroy hotels that have maids and busboys. And the list goes on and on and on and on. They're going to be exempting migrants that work on farms. they're going to exempt hotel workers. Do you know why?
Starting point is 00:27:23 Because they're smart. They figured it out. They heard what we ought to say. I'm going to give them credit for pivoting to smart after being stupid. Yeah, let's just shut down all the hotels and all the farms. So they're doing that too. Just letting you know. So call it a love-hate relationship between me and the president.
Starting point is 00:27:56 I wish I can get in a room with him, but I doubt he'd listen to me. I tell him to stop the BS, get rid of the tariffs, but he loves them. Stop telling people the money's coming from elsewhere into the country. It's a lie. And we'll see how it plays out. Today, he gifted Apple. here, Apple. He gifted Taiwan Semiconductor and others.
Starting point is 00:28:37 The money flows when it's Apple. A bunch of semis that he exempted. His thought process, well, you don't have to pay tariffs if you make it here. Well, that should be normal anyhow. That's not really anything. If you're making products here, there's no tariffs. But he also did the other part of the equation, which is BS. if you promise
Starting point is 00:29:03 to build here will exempt you well everybody's going to line up and say we're going to build here even though they're not and you know what they're going to be doing is Biden their time because they know he's gone in three and a half years and if they lose the house or Senate in midterms they're there's forget about it
Starting point is 00:29:29 so I'm not thrilled I'm not thrilled at all I don't like dictatorial stuff from high. We got it from Biden with his stupid giveaways. Yeah, don't worry about taking a quarter million dollar loan out. We'll forgive it. Oh, you're a donor? Oh, go ahead to Delaware and create a fake climate change type company.
Starting point is 00:30:00 And we'll give you a $2 billion grant and do what the hell you want to do with it. That was Biden. not to mention his family. I don't want to see that with Trump, but he's doing it. Winners and losers, because another part today was, oh, the person running Intel is Chinese, fire him or her, I don't even know, fire that person.
Starting point is 00:30:29 Oh, you came with statistics on jobs that I don't like. You're fired. This is all bull crap. this is dictatorial you know there's been complaints about him being a dictator we have argued against that and all the other BS they claim about him
Starting point is 00:30:48 but I am picking and telling you what is dictatorial Biden did it Obama did it except the media covered for those two Trump is now doing it and who the hell knows what's next
Starting point is 00:31:05 we'll keep you informed and don't be sending me emails we're stating facts you want to argue facts you cannot argue facts this is exactly what went on and people that love them push it as well he's the negotiator in chief
Starting point is 00:31:32 in this no you don't threaten tax policy on our good companies to take or give and give and take that's not a president's job it never has been tariffs have been used in a minor league fashion not as a big steel mallet over the head who's next everybody's the enemy
Starting point is 00:32:01 everybody's the enemy we move on back on markets wild swim no you know it wasn't wild swinging but some pretty darn good swings the benefactors today were the semis off of this whole thing and again let me repeat companies domiciled not here were up today in the semiconductor land because they're promising no they're not do you think a dutch company wants to build plants here that their costs are higher than when they do things over there? Hell no.
Starting point is 00:32:47 The bottom line is Apple bend the knee because they just paid $1.9 billion in tariffs and it would have continued. The rest of them are saying, don't worry, we'll do this over here. Why? Because they've been 20-some-odd billion last month. That's a lot of cake.
Starting point is 00:33:08 That's a lot of profits. And these businesses are accountable to their shareholders and they're bored. And these CEOs do not want to be fired. So what do they do? They run to the White House, and Vitya ran to the White House. They got exempt.
Starting point is 00:33:28 A crap load of their stuff is made in Taiwan. How did they get exempt? Well, the smart CEO has met many times with the president and whatever he got out of it, he got out of it. Can't blame him. so we're going to be watching this I don't know what game of risk with tariffs and taxes
Starting point is 00:33:52 and we'll see how it plays out I hope one day to meet the president by the way everything I'm saying to I would say straight to him with respect sir I hope it works out great I would be thrilled I am rooting for him
Starting point is 00:34:17 because if he wins, we win. As we move into tomorrow, by the way, this is the biggest week of earnings. It starts slowing down. We'll have a bunch more next week, but then it really slows down. We are watching closely. The big banks and regionals,
Starting point is 00:34:37 they're starting to get a little, let's call it a little troublesome. The advanced declines on the NASDAQ are terrible while it holds up great, and you can see it right next to each other. They advanced the clients heading south. The NASDAQ, well, it's been trending a little bit here over the last couple of weeks. But today at the close, you can see it in real time.
Starting point is 00:35:00 In the last half hour, they bought up Netflix, they bought up Tesla, they bought up Apple, they bought up Broadcom, they bought up in Vidiya. And when I mean, bought up just for the last half hour. And boom, boom, boom, NASDAQ went along for the ride. While advanced declines on the NASDAQ not good. the new highs and new lows not good but NASDAQ finished up 73
Starting point is 00:35:25 NASDAQ 100 finished up 74 while the Dow was down 224 could have been much better but could have been a heck of a lot worse tomorrow is another day I will tell you this straight out narrower
Starting point is 00:35:42 and narrower and narrower fewer fewer fewer soldiers are running up the hill now and that is something to be watched closely because we've done this a thousand times what you guys throughout the years when that occurs usually you are close to some corrective work notice i didn't say bare market some corrective work up next this that and the other thing this is the one on investors edge hi i'm dr j gudman host of beyond the script the
Starting point is 00:36:46 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 stomach kick 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
Starting point is 00:37:32 point, we can probably identify something that we can change. Here 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 dim or dark vision, headaches, and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. On-Deck is built to back small businesses like yours.
Starting point is 00:38:10 Whether you're buying equipment, expanding your team, or bridging cash flow gaps, On-Dex 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, On-Dec 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 in amount subject to lender approval.
Starting point is 00:38:39 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 what, once again to Investors Edge? Speaking of bull crap artists in the news,
Starting point is 00:39:27 and this is a little bit of the fun part of living in Florida. In the news, forecasters, update, Hurricane Season Outlook. Here's what forecasters think the rest of 2025 hurricane season is going to look like. Blah, blah, blah, blah, blah, blah, blah, blah. Do you know there was like three or four years in a row where we didn't have a hurricane? Some like that. And they said those were going to be the biggest hurricane seasons we've ever had.
Starting point is 00:40:10 And we didn't have one. I've been going through this every year. God bless these people that make these predictions, but they base it out of nothingness. I don't know how you can predict hurricanes throughout a three-month period of time when you don't know what the conditions are going to be at any given point in time.
Starting point is 00:40:37 Just so you know. Now we go into the meat of hurricane season, And I think in the next, we're in it now, but I think it really starts the, in the next two or three weeks, they say it's the crux of it and stuff like that. Anyway, welcome to Florida. I have been in a bunch. I must tell you, I was not in Andrew, but when I lived in Boca Raton, Florida, when Andrew hit and came from east to west through South Florida, South Miami, we went down there to help. a day later and we hung out with the National Guard and went around the city down there. They took us because we were helping out, passing out, all kinds of things and all kinds of help.
Starting point is 00:41:25 It looked like nuclear bomb went off. That's how bad it was, there were swaths of areas that were just gone. Homes just gone. Who knows where they ended up? That's how bad it was. The one thing that I remember when we first got there, there was a Home Depot, the size of a Home Depot, leveled. We respect the hurricanes here, ladies and gentlemen, and I'm the wimp. I get the hell out of here when one is approaching.
Starting point is 00:42:00 I am gone before you can say boo when one of those suckers are approaching. In the news, Judge orders a halt to Florida's allegation. Alcatraz. Have you read about this? They put together in a part of the Everglades, they're calling the alligator alcatraz, and the reports are really bad conditions and this, that, and the other thing. Well, a judge put, who knows how that ends up. I only can tell you what I hear, so I'm not going to opinionize on it on what the heck. Is it? Is it a going on there, but they come up with freaky names for freaky things. Alligator Alcatraz, huh?
Starting point is 00:42:52 Whoever came up with that. A little more in depth is 15 to 25% in anything that comes from Japan, 15% on anything that comes from Europe. Canada, I believe, is 35 right now. 50 on Brazil with some exemptions. And just a litany, I got the list here. And again, all the talk, oh, you were all wrong about tax? No, they haven't really kicked in just yet, kids.
Starting point is 00:43:24 So stay tuned. We are going to cover it. And as you know, I will speak to my small amount of connections on this, on things that are coming in, and what kind of an effect there is. And we'll talk to you about your industry. on what happens there. Just remember, there is a damn good chance that things you've been buying for five bucks, you're going to be paying six.
Starting point is 00:43:58 I've spoke to people in the car industry that are beside themselves right now. They don't know which heads are up right now. So there's a lot of movement. And every time I'm on TV and I said it yesterday to Stuart Varney, Stuart, I will be so happy. when we don't have to talk about tariffs anymore, but unfortunately, the president has a love affair with the tariffs. And who know, I don't know what's next. We will keep a watch.
Starting point is 00:44:37 I mentioned Bitcoin earlier. I've been asked about it. It looks like a lows being put in. I'm watching gold again. 15 weeks of range. I stopped out the first time. Small position lost very. little and percentage-wise loss very little also if it breaks out we'll let you know but
Starting point is 00:44:57 the miners did but the big story is these mega cap techs that are really starting to take over they had better be watched closely and the semiconductors off of all this moving parts news I have to tell you when I heard he put a hundred percent tariff on any semiconductor coming in here from over there 100%. I thought the semis would get trashed today. But everybody's making a call. Don't worry, we'll build here.
Starting point is 00:45:31 Please. We'll see if that comes to fruition. In my mind, I think they're all full of crap. Most all. I read a story about Micron. Oh, 200 billion they're going to spend. Bull crap. Free cash flow.
Starting point is 00:45:53 this year was 386 million. How you're spending $200 billion? Your whole market cap of your company in the market is $120 billion. How you're spending $200 billion? So a bunch of bull crap is going on to appease the president also. And again, you want to know what that has to do with the markets? Everything. Absolutely everything to do with the markets, ladies and gentlemen. Well, we'll discuss Hertz tomorrow. They're using AI to screw you over, as well as other rental car agencies. We'll explain. You have a great evening drive carefully.
Starting point is 00:46:36 I'm mistimed. When you get home, do like we do. Make sure you hug your family. Make sure you hug your children. They will feel better. You will feel better. I promise they will be. Thanks for joining.
Starting point is 00:46:45 Make sure you work out tonight. Good night. This has been Investors Edge with Gary Coltbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John Underwear is designed for a perfect fit that stays put all day.
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