Investor's Edge with Gary Kaltbaum - MAKE THAT 2 DAYS [10.31.2023]

Episode Date: October 31, 2023

garykaltbaum.com

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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 Colpom. I'm your host. A thanks for being with us today.

Glad you here, ladies and gentlemen. Happy that you are listening. It's October 31st, 2003. Hope you having a good day. End of the month. I hear it's Halloween tonight. I must tell you, my son. left the nest a long time ago

and I haven't dressed up in ages I used to be the Grim Reaper every year what the heck it's the only outfit I had and just be safe as you take your kids out tonight don't accept apples

make sure all the candy is closed up and all shall be fine this is a show about you and everything that affects you and your money and the markets and the economy and jobs and unemployment taxes, debts, the spending, scams, corruptions, new name, but we cover it. But recently we've been covering Israel right out of the get-go and really nothing. There's more going on. There's more weirdos protesting, applauding what Hamas did.

Israel has gone into Gaza, leveled some areas. got a bunch of terrorists. But man, when I say they leveled it, they leveled it. But all the emails we've been getting mostly is, really the emails we've been getting basically go like this. Can you believe what you're seeing out of Americans at the colleges

and the colleges and how they react? And what it comes down to is I think I've explained, I said this story to you before, and it's a true story, and I just think there's still Jew hatred out there. I don't know what the hell, what the reason is, the most peaceful people on earth that work their tails off to do well for themselves and their family each day, not bothering anybody. So I don't understand that I'm not even going to try to, but all I can tell you, when I was 14 years old, 14, I used to travel the Florida Junior Tennis Circuit up and down the state.

I used to be driven by my family and I think I had just gotten my driver's license and at 16 years old I was down at Sinesta Beach and I was playing singles and doubles and one of my friends was black and we went to a, it was a kind of not a cafeteria but like one of these diner type restaurants. And there was a sign that said selective client and tell only. And we didn't know what the hell that meant. And we went there. And as we're about to walk in, this woman says, you're not allowed in. Pretty sure those were words, what do you mean we're not allowed in? Because we looked in there and there were different, you know, whatever there. And she looked at my friend and gave a look.

and obviously they did not want blacks in the restaurant and then she gave me a look and she said and you're kind also and being the wise ass that I am I looked at her I pulled out the money in my pocket you see this money you ain't getting it and I think she said something with a four-letter word and something like that and we just left

so I was 16 years old I was traveling the junior circuit from 14 to 18, before you go to college. And that was my first ever experience of just absolute unadulterated racism because of race, creed, color, religion. And what's funny is, well, the person I was with says to me, you have no idea how many times I go through that. I said, really? Because you're all naive at that age and stuff like that. and explained it and, you know, I apologize.

She goes, well, you caught it too. And it's obviously still there. You have Americans. There was an American girl interviewed, and the person right in that girl's face, do you realize they beheaded babies? Propaganda. No, there's actual video and pictures.

Propaganda. Anybody could. So what can you do? As I've said to you, some things you can't even reason. You don't even enter the fray. You can't debate it. How do you debate things like that? You just know that 99. something percent of the people are not these people.

They're just the loud people. Let's hope it's 99%. And the only justice, well, just so you know, somebody got arrested at Cornell. somebody put on the website about killing Jews. The only justice is a lot of these people are stupid. They're doing it in plain sight. They're getting on video. And you know me, I don't want anybody fired for anything.

But if anybody should be fired or somebody who says, yeah, kill the babies. And a bunch of them have gotten fired from their jobs and try getting a job. The latest one I saw, a model from the elite model agent. Canned. She praised Hamas. So again, I don't know what to tell you, and I know we do a show about you and your money and everything, but I'm going to tell you,

when all said and done, this kind of sword is going to affect things on how it plays out. You know, there's all kinds of talk of World War III and all that. I don't think that's happening. Then again, I don't think anybody thought there'd be World War II. I'm pretty sure most of the Middle East can't say it

but they know who's in the right and who's not you know how you know they're quiet anyway we'll keep your breast on it just every morning every afternoon excuse me we'll give you a little tidbit of what's going on but it's so weird and now we know how a lot of these students became Jews hating, Israel hating, anti-Semitic, whatever.

They're professors. Columbia University, 100-some-odd professors, signed a letter. Pretty much excusing Hamas. By the way, we're not making this up. Isn't Columbia an Ivy League school? I think it's Ivy League. That's big stuff. And the only good news is that a lot of these multi-zillionaires

giving them all these schools middle fingers, they took zillions of dollars away. So weird. In a world where we just want to treat everybody as equals, unless you do not follow the rule of law. Anyway, we move on. Okay, as you know, what we do for a living here is we segue. So we segue right into the markets, and let me just state for the record. The first part of the market rap is, just the first part.

the Dow was up 123 after being up 500 yesterday but it was a hundred times better than the Dow 1-23. There have been days on this show where the Dow is up 123 and we told you the market stunk. But just so you know today, Caterpillar and Amgen in the Dow were down equivalent of 166 Dow points on their earnings. Amgen down 7.5, Caterpillar down 16. it was worse. I think Amgen was down 12 at one time. That's still 166 Dow points. Now everything counts, but it was still 166 down points and the Dow still finished up 123 and had a good process throughout the day. The other part of the equation is 2,800 up, 1,200 down on the New York, 2,500 up on the NASDAQ, 1,600 down. So another good advance decline day. Two days in a row. Out of nowhere.

Now, is it out of nowhere? Well, the Dow dropped 1,800 points in eight days. Transport's down 11% in eight days. Average stocks crushed, crunched, blasted, destroyed, humiliated, cram, I mean, just slam, you name it. And it's normal to bounce. As we've said to you, downtrends, you have two steps up, four steps down. Two steps up, four steps down.

And maybe we're in one of those two-step moves. we're always hopeful it can be better than that we're always hopeful it can be the turn but as we did we scan twice today it's a lot of that it's a lot of that we even wrote to our peeps we gave one example simple stock into it i into you just dropped from 550 to a low on Friday a 474 it closed at 480 it's 494 today so it's up 14 bucks in two days But it was 5.50 10 days ago. That's what we mean by stair steps up and down. The question is, are we going to find out that this is the low or just another a low?

We rallied up in early October for a few days and got crammed. So the jury's still out. There's still hardly any new yearly highs, though a couple showed up today. I'm going to need more evidence. Up next, what about tomorrow? 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, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-22-559. That's 8-88-4-22-5-5-9. That's 888-422-5-5-9.

Investment Advisory Services offered through Colbomb 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. 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 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 VentureX 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. 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, 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. Sprinker, 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. And well, once again to Investors Edge. So tomorrow is the Fed. and in case you do not know, I never used to be a conspiracy theorist when it came to the markets. But the markets are about people, and the markets are about people that are very powerful. And I never really used to wonder about the powerful. I always thought they just do their job and whatever, and then came, 08. and what we found out is that the powerful were in bed with the other part of the powerful,

and that's Wall Street and Washington, D.C., and the legal community. You see, if I committed fraud, me, little old me, I would be indicted and go to a trial and go to jail if they found me guilty. Fraud. If I committed fraud. Well, back in 2007, there were massive amounts of fraud from all the big machas. All of them committed fraud. I still remember one big bank took bad loans off their books before earnings, put them back on the books after earnings. Fraud. People should go to jail. It was reported about, the fraud and nothing happened to anybody and years later the regulators came out and said don't do that anymore by the way we're not making this up this is all true on top of that after these

slime bags committed all this fraud we made them whole the politicians came up with $800 billion of our tax dollars and handed it to these people for their losses. That's what happened in 2008. And since you have treasury secretaries that used to be at central banks and used to be on Wall Street and Wall Street going to be treasury secretaries, conspiracy theorists, it's not even hard to figure out one plus one equals two. and then the central bank well

how is it I have been able to throughout the years just nail them why because they're easy to read at least they were because when and before they created inflation

and it was them they just print more money market goes down print more money market goes down print more money why would they do that Wall Street. Hey, you want to be in our favor? You want to keep your job?

Even Trump was begging Jay Powell to keep rates at zero and print money. Your favorite. Conspiracy theorists. I never believed in it. So all of a sudden, the market's been crapping out big time. When we walk into this week and guess what tomorrow is? The Fed, they meet today and tomorrow. They sit around to the table, blah, blah, blah, blah, blah, blah, blah, and this moron's going to come out tomorrow and say absolutely blah, blah, blah, blah, blah, blah, blah, blah, blah, blah.

We'll wait for data to come in and we'll do this, that, and the other thing. And we keep telling you they really don't matter unless they're printing money, just watch the 10-year yield. But all of a sudden this week, Goldman Sachs, up 11 yesterday, up three in change today, Oh, and by the way, where did the Treasury Secretaries come from? Goldman Sachs and back to Treasury Secretary, back to Goldman. You get my point. So I'm here. Conspiracy theorists wondering whether somebody at the Fed leaked over the weekend that tomorrow,

they're going to, not going to lower interest rates, even though, well, it would matter to the market. It wouldn't matter to you and I. be meaningless because the 10-year yield is what matters, we're just wondering if they're going to pivot with their words. So let me be on record. If tomorrow, I come back, if, it's an if, I come back and say to you, yeah, well, the Fed pivoted and they started talking easier. You know what that means? They leaked it to their buddies on Wall Street, and they front-ranked. it yesterday and today. In other words, somebody should go to jail. Of course nobody will.

That's what we're dealing with sometimes. Now, just remember, this is all in the short run. In the long run, it's always going to be about the main direction of interest rates and the main direction of the names and stocks and companies and what they do and whether they have earnings and whether they're growing their earnings and sales, that'll be the long run. But in the short run, they can jack things around like there's no tomorrow. We're just letting you know I never used to be a conspiracy theorist And then I realized in 2008

They were all so full of crap They were all such BS artists And it's still going on Look what Wall Street did with the SPACs Do you know what they did with this? When I started in this business I worked at a penny stock firm We did these blind pools

That's what SPACs are blind pools What it is instead of going public You merge companies into these things and they can go in the public domain quicker. And when we did blind pools, we're a penny stock company. They were small companies. These companies, they merge with SPACs, were made up.

Criminal! They made up. And you know what they all were? We kept telling you every day. Oh, another electric vehicle company. Oh, another battery company. Oh, another electric vehicle company. You know why they would do an electric vehicle companies,

battery companies, and merging them with SPACs? Because that's what was hot. but they were all BS and they're all 20 cents now I have a SPAC page they're all trading a 1020 cents now they brought up biotechs with no sales all kinds of crap

there's your wall straight SPACs they made what we did at my penny stock firm look like angels but regulators got pissed at my penny stock firm from doing blind pools yet they just packaged it with a different name in the last two years

and they got away with it There's one guy that did a bunch of Spacks became a billionaire and he sold all his stock before they all went to nothing. He was paraded on TV every day. Look at me. Mr. Spack. I'm a billionaire now. He was a con artist.

Wall Street. Again, conspiracy theorist Gary, but they've earned it in droves, in big, bigly ways. So just letting you know, we'll see what happens tomorrow. Maybe it's nothing.

We'll see how the Fed talks tomorrow. We'll know. All we can tell you right now, you had two very good broad market days out of nowhere after a bunch of nausea. And as I do my scans, I have yet to say the stair steps have changed. But two days. Good days. And much better than the indices today. Amgen Caterpillar held it down.

Now keep in mind, there's like another thousand earnings reports to come out. And we have absolutely no idea who blows up and who does not. But we will be on it. Up next. More on these markets. I'm Gary. This is the one only investors' edge. 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. 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. 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 Capital1.com for details. This episode is brought to you by Spreker. 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, 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. Sprinker, because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to. America is talking.

Investor's 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. And welcome once again to invest.

Master's Edge. So, wow. You know, earnings are coming out. Most of the biggies have reported. Apple is Thursday, but there have been some reports. So advanced micro devices has been one of those names. Hit a high of 133 in June. Close today at 98.5. I got it at 94 in the aftermarket on its earnings. So that's not a great reaction. But here's one. Wow. Sybil P. B-A-Y-C. I shouldn't laugh. It's called paycom. So this was one of those stocks. It topped out in 21 at $559. And then went through a process and rallied back up. And as of recent, was $374 after it hit a low of 260.

And then in one day it dropped from 374 down to 300 on an earnings report. Well, they just came out with another earnings report. It closed at 245 today. So it's gone from 374 to 245 since July. I got it at 184 in the aftermarket down 60 bucks. I have yet to see the earnings, but damn. I am telling you, when I have said to you recently that in the last like three months, there have been some doozies to the downside.

Man, have there been some doozies to the downside? There's not really anything else in the aftermarket today to go over. I'm looking real quick. If I see anything, no, that hasn't reported yet. First, Solar. I don't see that yet. So there are two names that reported both are getting yonked in the aftermarket, whether or not that does anything for tomorrow.

I have absolutely no clue because we are waiting. from Mr. Bubble to see what he has to say, and that's that. Anyway, good day, but on an individual basis, trend not be changing. Yet, more improvement can do that. Remember, process. That's what we do here. We're able to tell the process of things. Two days not make a change in the process. Tomorrow's another day. We have no idea what happens. We have no idea what Jay Powell says.

We have no idea what the reaction is going to be. We have no idea what the reaction to the bond market's going to be. All we know is at 2 o'clock. We'll get this, that, and the other thing. And then I guess he does 90 minutes of questions, but the journalists are afraid to ask them tough questions because they don't want to lose their spot. I can tell you if I was one of them asking them.

asking questions, J-Powl would get out of his seat and jump on me because I wouldn't be so nice. So on the day, the Dow was up 124, and again, 166 points to the downside were Amgen and Caterpillar. And may I state for the record that Caterpillar is one of these important stocks that I follow. Not a good day, volume heavy. Amgen, not a good day, but off the lows. and that's been under some pretty good pressure in recent weeks, Amgen. And there's more Dow stocks to report. S&P up 26.

NASDAQ 61, NASDAQ 174. And NASDAQ was laboring early. It wasn't a great day for the big caps in NASDAQ land today. I can tell you that. They just started to get going. Now, I also want to bring up Nvidia. So, Nvidia, and I think I'd probably, mentioned on this show. If I didn't, I'm mentioning it now. $400 is an important area for

NVIDIA. Number one, we're always big believers in the big number. 100, 200, 300, 400. And all I can tell you is in June, the stock held 400 to almost a penny. In August, it hit 403. In September, it hit 409. And in the last few days, it hit 400. Thus, you'd think to yourself, a break of 400 would be a problem. But it always has to be a closing break. Because very often what ends up happening is price gets taken out and then finishes back above. And they kind of call it a little bit of a washout. Well, it hit 393 today and closed at 407.

And that was because of the market. We'll see what happens. Let me just say a clean break of 400 to the downside Nvidia would not be what we would call great news. And I'm also interested to see AMD and what they said because most of the semiconductor stocks have been in downtrends. Pretty big downtrends also. And the names that have held up best have been some of the big names. And if you lose those, you know how important the semiconductors are to our work, right? So something that we're going to watch very closely as we move forward.

Keep that in mind. And may I state for the record the semiconductors, the SOX is still trading under the 200-day moving average. NASDAQ up 61, NASDAQ 100 up 74. Transport's up 69. And mind you, the transports were 15231 mid-October. They're at 13-895 at the close today. That's after drop into 13471 Friday. So we're bouncing up.

And that 15-2-3-1 of just nine days ago was the third lower high. It's 16-7 in July. It hit 15-9 in late August and now 15-2. so stair steps be going the wrong way for the transports, but they had a little bounce today. My lesser software screen was mostly green today. But when I scan them, there's a reason why we call them a lesser software screen. First off, most of them are bearish trends, number one. and they're not those mega caps that have led such big time when it came to the markets.

Remember what we told you? People were calling it recently the S&P 493 because seven stocks were 29% of the S&P. That's so stupid. Those seven stocks, 40-some-odd percent of the NASDAQ 100, and they actually at one time were 50. Nine stocks, 50. movie is stupido for the indices, especially if they go by the wayside to be watched. New yearly high list should take me all of 10 seconds. But I figure if we're into something here and the market can get going, this is where you start.

First off, Ariston Networks, put that on your list. Simple A-N-E-T. This was a strong stock to the market cracked it in the last few days, but they reported. earnings was up 24 bucks today and it hit a new yearly high today on volume now whether it works or not is another story new yearly high in range resources one of the few oils at a new yearly high and may I state for the record there are a bunch of oils in bear markets deckers outdoor DECK we mentioned Friday big gap up on earnings it's been trickling up since, new yearly high. That's three. Frontline, this is the New York, oil pipeline. That's four.

Not kidding. Something called Adelam Global Education symbol ATGEGE, ATGE, that's five. Crane Company, symbol CR 6 VRNS Veronis Numbers not that great not that meaty but finish it new yearly high

on its earnings 7 Trade Web TW 8 Logitech L-O-GI 9 that's the New York

the NASDAQ? 0.0, as John Vernon said in Animal House. None. Just so you know, VRNS, Trade Web, and Logitech are on both in NASDAQ and New York. So besides that, nothing else. That's it. Now, just remember what bull markets are made of. Hundreds of new yearly highs.

Big leadership. Big uptrends. We have nine right now at the close. New yearly loads have contracted, but amazingly, still 386 new yearly lows on the New York and NASDAQ. Even with two days up. Next up, news of the day. Much more, I'm Gary. This is the one only investors' edge.

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. They're 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 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 VentureX 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.

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 confirm. used 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 Sprinker distributes it everywhere people listen. Apple Podcasts, Spotify, and

about a dozen apps your cousin's swears are the next big thing. Even better, Sprinker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Spreaker, 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. Action! In the Wester's Edge. With Gary Culper. Uh, in the news.

And, you know, we cover crime. We cover the DAs. Because I got news of you if the big cities, which are so big part of our economy, continue to go into the soup like a San Fran, be trouble. So we just got to mention a few things like in Washington, D.C. They keep bringing in judges and new judges that release violent criminals. We're not making this up. And do you know what Washington, D.C. put out.

they put out a memo, a memorandum to the citizens of Washington, D.C. You know what the memorandum was? How to avoid a carjacking? I'm not making this up. Really, you know how you avoid carjacking, you put them in jail, but they keep releasing them. So they put out a memorandum. Here's how you avoid a carjacking. A, when you're driving, make sure you're not too close to the car next to you.

If you're getting carjacked, you can haul ass out of there. By the way, you would think this is a parody and something that was on Sad Night Live. No, this is true. They put out a memorandum, stay away from the car in front of you so you can get out of there quick if you're carjacked. No, no, no, not making this up.

Number two, don't be boxed in left and right. Don't be in the middle lane. So you're not being carjacked. Number three, look around you. By the way, again, I'm not. By the way, again, I'm not making this up. This is Washington, D.C. They put this out.

Keep your doors locked. No, really, sure. If you don't have to stop, don't stop. So that's Washington, D.C. California. Gavin Newsom, who, by the way, I think is just lying in wait to run against Biden. Not kidding.

And if not 24, it's going to be 28. This Marxist dufous. So what does he do? And we're not making this up. He changes the law on prostitution, on being a prostitute in the streets, that no longer is it going to be criminalized. So guess what's going on in the streets in California now?

on regular streets in San Diego in L.A. Guess what? Lots of them. Duh. It's like these people want to turn their places that they lead into hellholes.

They're calling these certain areas in California the G-string capitals now. And they sewed pictures and videos of streets just laden. with prostitution now. All because, and by the way, this is one day after he changed the law.

And I'm thinking to myself, I'm thinking to myself and asking the question, they've got to be doing this on purpose, right? Are they just trying to destroy their place? Because as you know, I call myself Mr. Logic. How illogical is it to change the laws to allow things that average people don't want.

And the law changes. And guess what happens? Exactly what you would expect to happen. Brought to you by Gervyn Newsom. But he's got good hair. It's amazing to watch, ladies and gentlemen, just a couple of things. And hold on to your hat. I'm about to compliment Hillary Clinton.

She actually came out and said exactly what I would say about Hamas in the face of the left going insane. By the way, Blinken, the Secretary of State was shouted down today by these young students calling him a murderer. because we're sending ammo to Israel. Hillary Clinton, under no uncertain terms, came out and said that if you let Hamas get back together, this is going to happen again and again and again and again that you've got to take them out. Good on her! Remember, we are unbiased. As much as we can't stand her, we are into smart thought,

logical thought and people who get it on whatever it may be. So good on Hillary Clinton. I would actually shake her hand today. Maybe. Wouldn't shake her husband's hands. Too greasy. And that's some of your weird news of the day. Happy Halloween.

Enjoy. If you're doing parties, remember, don't drink too much. Be smart. If you're driving, make sure somebody else is driving. That didn't drink. That would be number one. Number two, we go into the all-important central bank meeting tomorrow. And typically what happens, the market goes up, 150, down, 150, who the hell knows?

All we can tell you right now is you have a couple of days of what I consider to be good recovery. Housing stocks have been a downtrend. They may be turning a corner here. And maybe some other things we'll see. A few new highs, not enough. But okay, it's a start. But we're going to need to see more. And what that means is simple.

You see the low that we came off of two days ago, or yesterday, excuse me, we don't want to revisit it. And if we do revisit it, it holds. And then you build on it. And then you build on it. And then you build on it. That's how it goes. It's a process. You know, all this talk of cut the bottom to the penny.

There's no such animal as that. But we'll catch bottoms at close too. But we want to make sure we don't have to look over our shoulders. I won fantasy league last night, so yay, another good weekend. We're getting close. You have a good evening drive carefully. I am not sure about TV tomorrow. And when you get home, do like we do.

Quite simple. Make sure you hug your family. Make sure you hug your children. They will feel better. You will feel better. I promise. Always a privilege that you would. Listen to us. We really mean that.

Peace out all. Be well. Same time tomorrow. Good night. This has been Investors Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Guys, it's no use putting it off. The best time for an underwear refresh is now.

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