Investor's Edge with Gary Kaltbaum - Less than meets the eye [11.06.2023]

Episode Date: November 6, 2023

https://garykaltbaum.com/...

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Starting point is 00:00:26 That's Tommyjohn.com, code comfort. Tommy John. Comfort perfected. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Colbom, your host day. Thanks for being with us today.
Starting point is 00:00:47 Glad you're here, ladies and gentlemen. Happy that you are listening. It's November 6th. It's 2023. It's Monday. Hope you're having a good day. As always, we have a lot to cover. In every way, shape, or form.
Starting point is 00:01:03 First, hope you had a good weekend again. I did not. My New York football giants have fallen apart at the seams. Then again, since the season's pretty much over, and now we lost Daniel Jones and we have no quarterback that can pass. We're screwed. Anyway, that was that. As you know, we've been starting every day with what's going on in the Middle East.
Starting point is 00:01:29 But I want to start today with what's going on with the Middle East and here. Poor Joe Biden. Joe Biden came out and backed Israel, sent more money from munitions, did the right thing, back to democracy against the evil of terrorists, and boy, is he catching the crap now. You see, as you know, I have no use for the left party, I call them the Marxist Party, but there are certain people in there that are the worst. possible scenario. And I say that knowing, you know what I think of Trump. The worst possible scenario for people voting for our future. You got morons on the right. What's her name? Marjorie Green? She's a moron. And then on the left, Jew-hating racist anti-Semites that are now driving to the hoop against Joe Biden, putting out videos of Michigan and these places that have an Arab population that you are going to lose the votes and you're gone.
Starting point is 00:03:07 On top of that, this Talib woman, you've heard the words from the river to the sea and basically we all know what that means. It simply means, listen carefully. We want to wipe the Jews and Israel off the face of the earth and take over. Death to all the Jews. Death to Israel. Yet Talib, who is a raging, a raging, a raging, a raging Jew hater. anti-Semite comes out in states, and I quote,
Starting point is 00:03:54 From the River to the Sea is an aspirational call for freedom, human rights, and peaceful coexistence, not death destruction or hate. My work in advocacy is always centered in justice and dignity for all the people, no matter of faith or ethnicity. I got two words for this lady. Screw you. She knows. And she's catching all kinds of crap today.
Starting point is 00:04:19 But she doesn't care. These people need to be voted out, yet they're in districts where they keep getting voted in. This goes for Talib, Omar, AOC, and the like. What they do is claim, oh, we're not like because others are racist. No, you're a Jew-hating anti-Semite, which leads me to Joe Biden. six months ago on this show I said to you my prediction is Joe Biden will not be
Starting point is 00:05:03 the Democratic candidate for president come 2024 I said to you I have no idea in what way, shape or form that's going to play out I did not know what would cause
Starting point is 00:05:20 him to move on I stated to you that his poll numbers were a horror show. I stated to you that he does not instill, what do I mean by instill, passion, joy? I stated to you that while I was never one to call out age, he was just looking older and older and older. and now the Democratic Party heads and op-eds want him out. So I'm pretty sure I am going to be correct. And of course, this Israel thing, Joe Biden cannot win.
Starting point is 00:06:14 He can't win. If he says, hey, Israel, you got to ease up, he can't win. If he says Israel's got to do what it's got to do, he can't win. it's one of those situations and then you got obama why can't these people just go leave he says we're all complicit in this going on no i'm not complicit no the israelis are not complicit no the babies that were murdered were not complicit the kids that were murdered were not complicit. The women that were raped and murdered were not complicit. The adults that were murdered were not complicit. The elderly that were murdered was not complicit and the kidnapped
Starting point is 00:06:56 were not complicit. So Obama, go screw to. He's a big cause of this as he made these terrorists to Iran flush. Maybe he's complicit. Maybe he's got some guilty feelings. And of course, you keep watching tens of thousands. of people. You watch in videos of people tearing down posters of the kidnapped. You are watching this thinking, wow, is that what the masses believe? No, it is not. The masses go about their business. They go to work. They live their lives. They know what's right. They know what's wrong. And whenever there is a get-together for the Israelis, it's peaceful. Whenever they get-together, for the Palestinians and there's an Israeli that walks by with an Israeli flag, they attack them.
Starting point is 00:07:55 So who we deal with? We'll let you decide. You know where we stand. We give no quarter. And that is that. They are finding now underneath mosques, hospitals, and all over the place, rocket launchers, just as they thought, and all kinds of weapons and ammunition. Everything we were warned about came out true. That's who these terrorists are. And unfortunately for them, they ain't getting no quarter. So that's the story today. How does it affect you and your money? Well, whoever wins the presidency, it's going to affect things. Trump, they came out. I must tell you, the New York Times and some of these networks are crapping in their pants. In these swing states, Trump is wiping out Biden. When you see five, six, seven points, that's,
Starting point is 00:08:52 That's a wipeout. And what does that tell you? Two things. Number one, I think a lot of people are fed up with our justice department. And this is whether or not Trump is guilty or not. I think they actually believe, what are you doing to this guy? Number two, Biden. Come on.
Starting point is 00:09:17 Come on. Really? So I suspect, what is it, November? mid-January, something's going to be up and we'll keep on top of it. Simple as that. As we segue, had a big week last week in the market, all because interest rates dropped.
Starting point is 00:09:47 The masses were short and they had to cover. A lot of cash on the sideline had a buy. What happened today? Hmm. You know what HMMM is? Hmm. We'll explain in a moment. Remember, there's nobody who works harder,
Starting point is 00:10:11 dive is deeper, without any bias or ulterior motive when it comes to the markets. Two goals. When wrong, be wrong, fast, be wrong, small. When right, let them run. But you need the right type of market for it. it. Today was quite the interesting day. And as we finished up, even a little bit more interesting. Why? Are we already back to the characteristics that caused the trouble in the first place? Are we already there? I'll describe it for you. That's up next. And this is the one and only
Starting point is 00:11:02 Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show. Investors Edge. We're not just handsome radio people. We manage investors money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be,
Starting point is 00:12:10 call us to make an appointment for a complementary portfolio review. The number to call is 888-4-22-5-59. That's 8-8-8-5-9. That's 888-4-2-2-5-59. Investment Advisory Services offered through call-bomb capital management. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day.
Starting point is 00:12:42 Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com, code comfort. Tommy John, comfort perfected. message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits
Starting point is 00:13:11 you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker, the platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused
Starting point is 00:13:46 relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com.
Starting point is 00:14:18 Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this.
Starting point is 00:14:50 And welcome once again to Investors Edge. Thanks for being with us today. So when the market topped in July, not every day, but very often we would come on to the show and say, hey, the Dow was up 100, but advanced declines were 3,000 down, 1,000 up. Oh, and by the way, there's 150 new yearly lows, and new yearly highs are contracting.
Starting point is 00:15:35 And very often we would get those, and then I'd come back on the show after doing my scans, and I would say to you, well, today the Dow was down 50, and advanced declines were again 3 to 1 negative, Oh, and we now have 350 new yearly lows. Oh, and new yearly highs, hardly any now is most everything's topping. And then we went through a process.
Starting point is 00:16:04 And unbeknownst to us who saw the market in trouble, they just really smoked a lot of stuff. They crumbled things. As interest rates went up, oil prices went up, and things like airlines American Airlines in mid-July was 19 and went down to 11
Starting point is 00:16:39 I don't know about you but 19 to 11 is over 40% and that was from a yearly high whoa carnival cruise lines went from 19 to half to $10.84
Starting point is 00:16:59 cents from early July, and on and on and on and on. We saw characteristics of what we call potential trouble. And there's simple characteristics that call negative divergences. It's where the indices look fine, but underneath the surface, no. On top of that, the small and midcaps kept crumbling while the bigger cap indices held up better, which led us to last week. The Friday before, the financials were croaking again badly, and then we walked into Monday, and all of a sudden they started buying up Goldman Sachs and a few others, leading me to believe,
Starting point is 00:18:13 oh, they leak some stuff. And I still believe that, but it doesn't matter. It's not going to change anything I do or how I feel. You just know that government and Wall Street, they're criminals. Not all, but we've seen it before. It's crooked. You see it in D.C. Where the congressmen and women and the senators,
Starting point is 00:18:36 they're committing illegal insider trading. Oh, I'm sorry, it's illegal for us. It's not illegal for them. Talk about a banana republic. So we come into last week and, man, last week was like a year what well the markets average
Starting point is 00:18:55 throughout forever like 8% a year you did 6-7% last week you got back most of the eight days before not all wow
Starting point is 00:19:09 but we was so far down that it changed the downtrends because before last week we said 80% plus of the market were in downtrends well, we think it got to maybe 65 from the week. But did it change it to up trends or just stop the down trends? Well, we'll know in time.
Starting point is 00:19:37 So we come into today. And we had a moment today where the market was getting hit. Not bad. The Dow was down 50. The NASDAQ was down 30, I think. And that was after being up 50 and 50. and then the bond market closed and we rallied back up. Just so you know, the Dow finished up a measly 34 points today.
Starting point is 00:20:10 The S&P a measly 7. The NASDAQ a measly 40. A less than measly. A little NASDAQ 153. The transports were only down nine, but they were down, I think, about, am I right in saying the transports were down I'm going to make sure of this 14332
Starting point is 00:20:38 transports were down 170 finished only down 9 so what could be the problem notice I use the term what could doesn't mean it has to but what can be the problem well I want to know after last week how today that Russell 2000 was down the equivalent of 425 Dow points the midcaps were down the equivalent of 350 Dow points advanced declines on the New York were 1,200 up 2750 down with the Dow up and the S&P up and 14.4.4.5%.
Starting point is 00:21:21 and 1460 up 2654 down on the NASDAQ with the NASDAQ up 40, NASDAQ 100, up 555. What happened? Well, we'll repeat. We better not get more days like today. What happened? Nvidia up 7, Microsoft up 3 and change, Facebook up 1, Google up 1, Amazon up 1, Apple up 2 and change, on their drop in sales, Adobe up 1. while crap load of red on my screens.
Starting point is 00:21:57 So just letting you know, we had another one of those days, and we'll see what comes of it. Oh yeah, there were more new yearly lows than yearly highs on the NASDAQ. A little better on the New York, but I'm going to say not so sure
Starting point is 00:22:12 because when I look at a yearly high list now, I just can't look at the number. I got to look at the hole. and like as I looked at the NASDAQ I've got maybe 1, 2, 3, 4, 5, 6, 7, 8, 9 new yearly highs even though it's shown 40. And on the New York, maybe a little bit more, maybe 15. I don't count buyouts. Maybe 20.
Starting point is 00:22:55 So let's call it 30 as a whole. New yearly highs on New York and NASDAQ. They're showing 89. It's just one day. Up next, more on the markets. And news. This is the one only investors edge. Guys, it's no use putting it off.
Starting point is 00:23:32 The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort.
Starting point is 00:24:00 Tommy John. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit. for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide.
Starting point is 00:24:24 The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need. explaining RSS feeds to confused relatives, and saying things like,
Starting point is 00:24:45 sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more my... microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself
Starting point is 00:25:18 for an hour, you might as well publish it. You're listening to America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him. So, just a little word to the wise. That's all. Just a little word to the wise. If we start getting more days like today, the market will not be able to take it. That is not a prediction because the fact that a matter is, it's kind of sort of normal to pull back after such a week. The problem is that 65% plus are still in downtrends. That's going to be a have to change. Let me tell you a little bit of the problem. The 10-year yield was up over a stick today, which is good and bad. The fact that the big indices were up with that happening is actually good news. The bad was the reality that yields are up because yields are what caused the problems
Starting point is 00:26:57 in the first place. Yields skyrocketing. So it's something we have to watch. Now, I will also tell you, I am hearing a lot about the economy and what people are saying. I'm just going to tell you what I think again, because we started really, what was about 45 days ago. I think the economy is on the ledge. And I think we're close to maybe a tipping point in the job market. And if that is the case, that could be some trouble. The jobs numbers that have come in, a little bit light. The adjustments, you know, they do adjustments, are not so good.
Starting point is 00:27:50 And just so you know, with the numbers that come out on jobs, they have these weird models. Go look up birth, death model. It just adds a bunch of people to employment that may not have it. So we're watching that bad boy closely. Big time. Because the worry is with how much debt there is out there. Savings rates that have plunged. A little bounce here and there, but plunged.
Starting point is 00:28:27 Credit card usage at records. Interest rate on those credit cards at records. I just wonder. On the other end, you no longer getting zero on your risk list. income investments. You're getting five in change or around five. Oh, it came down a little bit last week. So that's good. You got a million bucks and you don't want to be in the stock market two years ago. You're making zero on the million. Now you're making 50,000 bucks minus tax. That's huge. That's huge. A wealthy person that has $10 million.
Starting point is 00:29:13 Makes a half million a year by doing nothing. Think about that. So that's changed. That's a lot of cake. Believe me, I'm happy about that. And remember, it was rigged. You had one man playing God with your money. And nobody got pissed.
Starting point is 00:29:42 There should have been a million people on the mall in Washington cursing out Jay Powell. Where's my income on my savings? Nobody said a word. We'll just keep our eye on the bouncing ball. That's all. We don't think it's going to be as easy as those people saying, oh, we're just going to romp. We're just going to roll. End of year. But after last week, we do believe the floor was picked up. But today sucked coming in after last week on advanced declines and what I call my own little pattern record. But we'll just state for the record as of this second. Average stock pulled back today with money flowing into the mega caps again. Which may or may not be good news. Leadership, still not a ton. You got some new yearly high list.
Starting point is 00:31:11 You got some strength. Decker's outdoor. That's one. Arreston Networks, A-N-E-T. Constellation Energy, C-E-G. Costco looks about ready. Ferrari got upgraded today. Motorola solution symbol M-S-I
Starting point is 00:31:38 on a 6% earnings growth and 8% sales growth. That's a new yearly high. By the way, that is a deceleration of their numbers that takes it to new yearly high. Draft Kings, you know, we pay out. millions. No, the losers pay out. They're just bookies. That's a new yearly high on a 35 cent loss. And I just love football and baseball and all these games that never wanted gambling, never had gambling. You know what they do now? All they do is talk gambling. And then they put up
Starting point is 00:32:24 a little disclaimer saying, if you have a gambling problem. So promote the health. out of gambling and then tell people if you got a little gambling problem, you know, just like the lottery. Mark it the hell out of it, lie about it, and then tell people, we'll just make sure you can afford it. Greatest scam in history from our government, besides Social Security, the lottery. Greatest scam. What a powerball in the mega millions is like 280 million to one? You get hit by lightning twice, two days in a row at the same time, same place, you have better odds. Not making it up. And they're great at marketing.
Starting point is 00:33:10 Florida, they used to have an advertising. You never know. Yeah, we do. We know. And the shame of it is, you know who plays a lot of it? People that can't afford it. Welcome to our government. Gambling is now good, just like marijuana.
Starting point is 00:33:40 they went after your taxes on marijuana. They could not stand your cousin Biff making all the money with his dime bags. And you know how they lied about the marijuana too, right? All kinds of studies are now coming out after legalization that, uh-oh, it's not good for you. He had no kidding. We had no idea. We had no idea. That's how they roll.
Starting point is 00:34:15 That's all I can tell you. Other news. McDonald's and Chipotle hiking menu prices in California because guess what California did? They mandated how much business has to pay. So they're going to raise prices on consumers because California is a Marxist state. That is in everybody up everybody's you know what, giving everybody a colonoscopy on a daily basis. And when there's a bunch of kiosks and robots in these places and less jobs, you'll wonder why
Starting point is 00:35:04 but Gary people cannot live on what they pay well for most of these places it's startup for people of a certain age that's fact no really
Starting point is 00:35:23 in the news remember we blasted Biden and given 380 million billion dollars excuse me 380 billion of our dollars to John Podesta, a Democratic hack,
Starting point is 00:35:44 to give out for climate, wait, that's up next on Investor's Edge. It's no use putting it off. The best time for an underwear refresh is now. Tommy John Underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-draw-fly is a game-changer. With over 30 million pairs sold,
Starting point is 00:36:43 there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step close, to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide.
Starting point is 00:37:19 The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives,
Starting point is 00:37:39 and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousins swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com.
Starting point is 00:38:11 Sprinker. because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Investers Edge with Gary Culper. And welcome once again to Investor's Edge.
Starting point is 00:38:56 By the way, all kinds of news is coming out that the whole Democratic Party is ripping Rashida Taleb for defending the river to the seat. chance. I'm lucky I'm not on satellite right now. I would be letting loose on this woman. Anyway, I was mentioning marijuana. It's now coming out that more studies, that it's not good for you.
Starting point is 00:39:24 And of course, our government's making it legal while they're telling you not to smoke cigarettes is the funniest crap I've ever seen. No, really. It's the, logic of it all. And you wonder why how we got the 33 trillion of debt. Okay, so 380 billion of our tax dollars was given to John Podesta, Democratic hack. Go look it up who he is and his lifelong, whatever, to dole out for climate, which means a lot of
Starting point is 00:40:00 friends, compatriots, relatives, donors. are going to create fake climate companies to get all kinds of grants which never have to be paid back. Well, in news, Podesta has privately met with the CEO of Rivien. That's the company that loses $33,000 every time they sell a car. He met with the CEO, the senior policy director and others, and the lobbyist. for the electric vehicle maker. At the White House, in June, in the report it says it is unclear what was discussed. I'll tell you what was discussed, how Rivian gets their sleazy, slimy hands on that slush fund run by John Podesta.
Starting point is 00:41:10 And I'm pretty sure I can guarantee you now that there's going to be payoffs up the wazoo. in one way, shape, or form. They'll be glad hands. And a lot of money is going to change hands. $380 billion of loans and grants to green energy projects nationwide. So when you walk used to the streets tonight, and there's a bad road, and there's homeless, and in your community, there are kids that are hungry,
Starting point is 00:41:55 I want you to remember that this president handed over $380 billion to John Podesta to give out the friends. And that's exactly what it's going to be. And I'd say it to his face. And my only hope is that the Republicans make them show every freaking dime. Just so you know, Rivian lost $6.8 billion in 22. In 21, it lost 4.7 billion. They lost $11.5 billion in two years, losing $33,087 on each card delivered. The stock, well, we predicted it, thank you.
Starting point is 00:42:47 87% down since its initial public offering. They're going to get tons of money. I applaud them. They went right to the spigot. They went right to the spigot. It makes me sick. And it should make you sick also. In the news, Oakland, Oakland.
Starting point is 00:43:28 Restaurants are shutting down left and right. Losing thousands a week. Do you know what's happening? You ready for this? Remember how I said to you in the San Fray? in that area. They put out a memo to all people. Here's how to not get high.
Starting point is 00:43:48 Excuse me, that was Washington, D.C., but applies to San Fran. Here's how you don't get carjacked. Well, in Oakland, diners are leaving mid-meal. Do you know why? Because they're seeing their cars robbed. And now, since they refuse to go to downtown, a bunch of downtown restaurants, shutting down. and they keep electing the same schmucks.
Starting point is 00:44:21 And it's very simple. All you'd have to do is go in there and say, oh, you're a carjacker, you're indicted, it's a felony. If we find you guilty, 5 to 10, if somebody gets hurt, 10 to 20, and you know what's going to happen with the carjacking? Remember, criminals are wimps. And there's another name I can use, but I'm not going to.
Starting point is 00:44:44 But they're cowards, they're wimps. They don't want to go to jail. but when they know they're not going to go to jail, guess what? We mentioned to you last week how prostitution is picked up big time in California as soon as Gavin Newsom lowered the crime statute on prostitution. So no parents are up in arms because in places where they used to visit and take their kids. You got a bunch of women in strings, whatever they are, prostitutes. Gavin Newsom.
Starting point is 00:45:16 who's going to be running for president. He's the chalk if Biden goes away. A moron who keeps getting elected. We cover all this on top of the markets. For the simple reason, these are being run by people that are in power. And if we don't correct the people that are in power with people that are logical and understand the number one job of the leadership of any community,
Starting point is 00:45:52 city, county, state, country is to protect the citizenry, not the criminals. By the way, the same goes for colleges. Just letting you know. You all have a great evening, ladies and gentlemen. Drive carefully. Hopefully we don't have a three to one negative day tomorrow. And when you get home to like we do, quite simple, make sure you hug your family. Make sure you hug your children.
Starting point is 00:46:18 They will feel better. You will feel better. I promise. Thanks for joining us. Peace out all. Appreciate you listening. Bye-bye. This has been Investors' Edge with Gary Cult Bomb on BizTalk.
Starting point is 00:46:29 To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands. And their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you.
Starting point is 00:46:59 Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination.
Starting point is 00:47:28 Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details.

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