Investor's Edge with Gary Kaltbaum - Nasdaq En Fuego

Episode Date: July 13, 2023

garyK.com or https://garykaltbaum.com/

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

See website for full terms and conditions. Investor's Edge with Gary Cultbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Colbaum, your host. Hey, thanks for being with us today. Glad you here, ladies and gentlemen.

Happy that you are listening. It's Thursday, July 13, 2023. And you know how every now and then we say, don't pay any attention to the Dow. Because right now it's 3.54. The market's going to close in six minutes. And the Dow is up 49 measly points. That's it.

The transports are flat today. Really not doing much. That's it. But, NVIDIA's up 21. Google's up six. Amazon breaks above range. booking holdings up well this is a $2,800 stock. Semiconductors are up 2%.

It's one of those days. The market is buying a beta. We told you Monday we think really beta really woke up and they're really waking it up at this point in time. Simple as that. How long it lasts and how far it goes? We have no idea. And we're entering into earning season.

I believe tomorrow actually. What's day today? Thursday? Yeah, I got that. Today is Thursday. Tomorrow, the Black Rock reports. By the way, I would have bought Black Rock yesterday if they didn't report tomorrow. Freckin stock's up like 20 bucks. It is a high price stock.

Tomorrow's Citigroup, J.P. Morgan, United Health in the Dow, which has been smeared. Wells Fargo and State Street Bank. So tomorrow is going to be one of them days that are of import next week, a bazillion. millions will be reporting including Tesla and others so we're in the meat of things but leave no doubt this technology software AI high beta growth is going and I'll add some growth other areas the Bitcoin and Ethereum are really on the move which has the arc funds on the move and some of those secondary crypto stocks on the move so definitely this is what we call the risk on of the market again how long it lasts how far it goes I have absolutely no idea but we'll see

far it goes. But first, if you don't get this radio show in your city, we will post it at GaryK.com. We'll also post it at our Twitter feed. If you don't follow us on Twitter, you can go to GaryK.com, press the button or put our name in GaryKK.com. By the way, I have an Instagram account, but I've never posted anything. I just follow things. Typically, I follow food and travel on Instagram. They have the greatest food and travel Instagram videos about great hotels and restaurants around the globe. But I signed up for that threads thing, which is taking on Instagram, excuse me, Twitter, but it's like, how do I put it? There's nothing about as, how do I even put this? A lot of things are not functional just yet, but I guess they're going to do that over

time. We'll see how it goes. Facebook meta stock has had a good run off of this. If they have announced, a lot of people have opened their threads account, and all you do is it automatically signs you up if you have an Instagram account or something to that effect. So just letting you know that thing is going on. I also think what happened this week, I don't know if you know this, but we have a crazy FTC, Federal Trade Commission. The woman who runs it hates big business. She doesn't want any big business to buy anybody. She doesn't want any mergers. Her verbiage throughout the years is anti-big business and all well and good, whatever. A judge or a came in or appeals came in and approved the Microsoft Activision deal that really a lot of

people thought wasn't going to get done. So I think maybe you got a little bit of that being a component also of what's happening here. But again, today, if you look at the Dow, you're like, so what went on? Well, I can tell you, a bunch went on today. So that's your story, growth, tech. but let's not forget we've had a good move in the broad market though that's resting a little bit right now as it's had a good move since June 2nd and I really don't have much in the way of complaints we also mentioned yesterday

that gold looks like it woke up we mentioned also emerging markets look like they woke up that China looked like it woke up the FXI was up 2% today emerging markets up 1% again how long it lasts and how far it goes I don't have a freaking clue. All I can tell you is they woke up and what we call it coming up the right side and had another good day today. If it continues higher, we'll let you know. And that be the story. How's that? But what I really want to bring up is an email. So as you know, we're on TV. We're on Fox News and we're on Fox Business. And as you know, there are these sides. There are those that are not thrilled with Fox News

and there are those that love Fox News. Fox News and Fox Business were born out of Roger Ailes and Rupert Murdoch noting that the media was purely purely, kicking a certain portion of the country in the you know what's while kissing the butts of the other side. And they said, you know what, we're going to just do both sides.

And that's where they would have debate and they would put somebody on the left and somebody on the right. And every now and then you get the extremes. Let me give you the extremes. Bernie Sanders. AOC, the squad. They're the extreme.

What do we mean by the extreme? They're Marxists. They're control freak Marxists. And what do I mean by that? Everything should be government run. But really, government is just people, so that means you're just control freaks. Everything should have to me. Bernie Sanders once said, I'm not making this up.

It's on video. You can go see it. We should have 100% tax rates. On above a million bucks. now he changes it to a billion. Of course, he has more than a million, he's a wealthy guy. Just remember, these Marxists and Socialists,

they're only Marxists and Socialists with our money and lives, with their money in lives, they're quite the capitalists, those one-side extremes, and then you have these nut jobs on the right. You know what I mean about the nut jobs on the right. They tell you,

it's we the people, and we're going to leave you alone to be what you be. And then they throw rules and regulations on you. You can't do this. You can't do that. Those extremes. And the proud, whatever, you know what I'm talking about. And every now and then we get emails from the weird. And we're going to get to the markets big in a minute. But I get emails from some but I really don't answer it, but really the emails are more or less how we're all greedy. Capitalism sucks. We're destroying the world.

So I got one today, and it wasn't that bad, but the last thing was, my God, the capitalist mind is a sick, twisted, grotesque thing. And I just emailed back. I am a capitalist, so I guess I am sick, twisted, and grotesque. Have a great day. Well, I got the email back. I thought it, but you said it. And the last words of this person was, But watch idiots.

Satan is using your greedy sick fools like he is bull blanking everybody else. Your sick black souls are going to burn in this hell on earth. You vile insane capitalists help create just like the rest of the ungodly. I hope you have nightmares. And he also went on, you are also a persuadio demonic Satanist. Not only are you people sick, insane, or grotesque. You see what we deal with every now and then? So I don't know if this person listens,

and I don't know if you get an understanding. I just wake up every day wanting to do well for my family and myself. We do a lot for others. in the community. I can tell you every year the amount of dollars I spend on philanthropy is more than the average person in this country makes. We take care of the sick, the infirm, the downtrodden children, teenagers, school supplies. We give scholarships to kids. I told you with this young girl, we moved her into a private school from a bad public school. We paid for every Thanksgiving we do our Thanksgiving dinner for 3 to 400 kids.

We're going to finish us up on the other side. That's my music. I'm Gary. This is the one only Investors Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management.

No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review.

The number to call is 888-422-559. That's 888-4-22. 5559. That's 888, 422-5-5-9. Investment advisory services offered through call bomb capital management. Hello, hello, I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna, and I asked him, how can companies use AI to its fullest potential to create smarter business? My one advice to that. It is, you can skis. You can skis. Don't pick the shiny little toys on the side. For example.

If anybody has more than 10% of what they had for customer service 10 years ago, they're already five years behind. If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive, Yeah. Wow. So we are not asking our clients to be the first experiment on it. We say you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process,

because the biggest change is not technology, is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stock up savings time. 31st. Spring in for storewide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORA-Ida, Silk, Capri-San, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick-up

or delivery. Restrictions apply. See website for full terms and conditions. It's time to switch on the integrator units and get the brain. sales 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.

So, this person saying that capitalism has caused crime, violence, drug addiction, serial killer that are at schools. Really.

Really? Okay. I say choice has caused that. That's the way I look at it. Do you know I know some very rich people that have died from alcoholism and drug addiction because of choice? They didn't have to make that choice, but they did. They had freedom of choice to think that capitalism is the cause of all that is quite the amazing. And when I always hear, well, these people do not have what these other people have, and that's why I cannot begin to tell you how many people I know that have had squat in their life. You would think they could never be anything, do anything, and what did they do? What I told you what the best things to do is if you really want to become something what you have to do. And it's not you have to educate. You have to find a mentor. You need to study success stories, people, biographies of the greatest success stories, and find those characteristics. And they all pretty much have the same characteristics.

You know what they do? They wake up early and they go to sleep late. But that's not wasted time. They'll wake up. They maybe meditate. They eat well. They eat well. They exercise, they keep themselves in shape, and they become great at something. They recognize a passion that they may have, and it could be in any field. I have seen people become billionaires selling shoes. I've seen them be doctors, lawyers. I know a lot of teachers that make a lot of money teaching at these great schools, because they've proven themselves that they have these great, that they can make

kids into tournament to great with great education you can be a music teacher whatever it may be there are now 21 year olds because of

not because of government because of capitalism capitalism created YouTube do you know many people are now multi-millionaires every year on YouTube because they started a YouTube channel and they attracted

millions of people they're doing it on TikTok they're doing it on Instagram there are eight-year-old kids making millions doing things there. Capitalism created that. You know what created McDonald's? Capitalism. People's hard work and ingenuity and effort. And oh, I got one McDonald's. Let's make it a second. Let's make it a third. What makes it a fourth. And you know what capitalism also does? It weeds out. I've told you the story is Lake Mary, Florida, within a

stone's throw is a Kmartner target. You walk into the target. It's bright. It's clean. The shelves are full the service is good you walk into the Kmart it's dusty it's dingy the shelves are empty the people are nasty guess what there is no more Kmart Lake Mary and Target is thriving though they've had their little issues in the last few months no doubt about it that's how it works and I'm utterly amazed these people don't see what's right in front of them and they say oh government government this government that and I'm thinking to myself do they realize that government is just some people. Government is not a machine.

It's people and decisions that most of them have never, ever been in business, making decisions for business. You want government, these government people that have never been in business that are now have a checkbook that's $34 trillion in Hock, making decisions in business. Social Security, a government program, it's bankrupt. What? It's bankrupt. Yeah. Do you know how the retired are getting paid by you and I who are working now? That's not the way it was supposed to be. They were supposed to put all that money in a lockbox saved for those people. No. And what else government did not do? They did not. Oh, geez, demographics. You know, we're healthier these days. We have better medicines. Oh, because of capitalism. And we're living longer. What are we going to do? They never. ever accounted for that and what do they do politically because of politics government oh we can't attack approach it oh we can't do that because we'll

get attacked if we approach this thing that's heading for the the cliff oh and I can go on and on in Medicare and Medicaid that are going to be bankrupt also because they never ever and I could talk about Obamacare that they told us was the greatest thing ever and they keep telling us it's the greatest thing ever that they said our premiums would go down, even though millions are going to have insurance and no more preexisting condition. Don't worry, though now premiums have tripled, quadrupled for many of people, and of course the media don't report. The government. How do you trust the government that's $34 trillion in debt? Can't keep their own balance sheet where these people in government

are committing insider trading violations that we go to jail for and nothing happens to them. capitalism has created all the greatness and how do we know the other side go to cuba i can't use the word but it's a you know what hole they're still driving cars from the 60s Venezuela had capitalism these two scumbags Hugo Chavez and this other moron Maduro took it over got the military turned into a Marxist state, it's been destroyed. People are fleeing. Get me the hell out of here. Because a government control and dictate. Destroying capitalism, taking over whole industries.

So to my good buddy, who, by the way, I will not curse back at. I won't say a bad word to. Because you know what? Hey, what can you do? I can promise you, I am not sick. I am not twisted. I am not grotesque. We just want to do well each and every day.

And we sick to our stomach when any school is shot up. We're sick to our stomach on crime, which, by the way, a lot of it now is being incentivizes by your government. Oh, go ahead and steal $949. Nothing's going to happen to you, but $9.50, oh, we're going to have to do something about it. Cash bail. You want to beat the crap out of somebody? No worries. And I'm not Satan either. And capitalism is not satanic. It's just our ability to wake up every day and get better, upward mobility to our best and most. And yeah, there are bad capitalists out there. There are

crooks in our industry. We've seen them time and time again. The hope is we can root them all out. We got made off out eventually and I'm sure there's going to be others. We'll hear about them as time goes on. Nothing's ever perfect. But you know what's created a $22 trillion economy? It ain't been socialism. It ain't been Marxism. It's the hard work of 150, 160 million people that wake up every day.

Just wanting to do better for ourselves and our family. Upward mobility. That's all. That's what capitalism. about the ability to be free to be what you want to be. That's it. Up next, back on the markets. This is the one only investors edge. Hello, hello, I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna, and I asked him, how can companies use AI to its fullest potential to create smarter business? My one advice to

them. Pick areas you can scale. Don't pick the shiny little toys on the side. For example. If anybody has more than 10% of what they had for customer service 10 years ago, they're already five years behind it. If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive, Yeah. Wow. So we are not asking our clients to be the first experiment on it. We say you can leverage what we did. We're happy to bring out all our learnings,

including what needs to change in the process, because the biggest change is not technology, is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. Hi, I'm Dr. J. 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, 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 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. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stock up savings time now through March 31st. Spring in for store-wide deals and earn four times of points.

Look for in-store tags to earn on eligible items from Celsius, Body Armor, Oiraida, Silk, Capri-Sung, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Savings on top of Savings when you shop in-store or online for easy drive-up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. We're listening to America is talking.

Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Coltbaum. It comes highly recommended. You're going to feel better if you talk to him. And walk once again to Investors Edge.

So the market rap is brought to you by. Investment dash models.com. That's Jim Rohrabach, one of the great market timers. No gray areas with the man you're either in or out of the market. But it's proprietary indicators. Go check it out. Investment dash models.com. What did I say to you with the outset?

The Dow was up 47. That's it. 47. That's it. 47. The S&P was up 38. That's probably the equivalent of Dow 280 points. NASDAQ 219.

the equivalent of about 480 Dow points and the NASDAQ 100 up 264 and what was driving it well Nvidia up 21 Netflix 6 Tesla 6 Microsoft 5 Facebook 4 Google 5 almost 5 and a half Amazon 3 and a half and then you got some semiconductors up 75 we mentioned some of these kind of sort of growth financials We mentioned the crypto had a real good day. Dang, had a real good day. Advanced declines had another good day. New Yearly highs had another good day. I really don't have any complaints on this day.

With the Dow only up 47. Now remember in bare markets, you know what we used to have? The Dow would be up 47 and the NASDAQ would be down 219. These are the identifiable marks in the character. that are of import. Identifiable marks. The photo album for familiar faces. That's all we're trying to do. That's it. And all we can tell you is technology, the AI, software, growth, the, how do I put this, the higher beta growth that we call the tops on in all of 21, they're getting going. Now, a lot of these names are down, still down 60, 70 percent from the highs of 21, but they put in bottoming processes. And on a yearly basis, just one year

back, they're at new yearly highs. And some of them are getting going. Now, the warning shot is, well, guess what? Earning season. We mentioned. We mentioned. to you what's to come tomorrow next week though it really starts to ramp up where I wake up an hour earlier and well let me put it best you ready Tuesday before the open Bank America Bank in New York Charles Schwab Lockheed Martin Morgan Stanley PNC Synchrony Financial after the close Omnicom, J.B. Hunt. For examples, Wednesday before the open, Allie Financial, ASML holdings, a very important semi,

Goldman Sachs, Halliburton, M&T Bank, NASDAQ, Northern Trust, U.S. Bank Corps. After the close, what I say that was Wednesday. After the close, Discovery Financial, Equifax, IBM in the Dow, Las Vegas Sands, Netflix, Steel Dynamics, Tesla, United Airlines. Thursday before the open, Abbott Lab, by the way, I'm only doing a few. Abbott Labs, American Airlines, Blackstone, D.R. Horton,

housing. Fifth Third Bank Corp, Freeport, McMan, Johnson, and Johnson in the Dow, Key Corp, Manpower, Nokia, Philip Morris. They kill people. Well, it's cigarettes. SAP, which just broke out today. Taiwan Semiconductors, Travelers, in the Dow.

Truist, which used to be SunTrust, and we still don't know if they change their names. It's so stupid. after the close capital one cs xx intuitive surgical night swift p pg industries friday american express you should see my bills auto nation co-america regions financial rope that's just next week notice what i didn't mention i believe it's the week after amazon apple google facebook microsoft and other biggies so stay tuned I happen to think we may be able to find some monster stock reactions coming up. Why do I say this?

People are scratching their forehead right now. How is the market doing this? No, really, how is the market possibly doing what it's doing? This can't be. Stop it. I got to believe something's up. And it's usually things are better than expected. And what I'm hoping to find, what I am hoping to find, and there's no certainty, and we'll see, are more NVIDias.

What do we mean by that? On May 25th, well, on May 24th, Nvidia closed at 305, the next day it opened like it. 380 because they said revenues are going to be like 4 billion more than estimates and now the stocks 460 as we tell you big gaps very often lead to much higher prices why do I think with the way the market's acting we may get I don't know about something as big as Nvidia 4 billion is a lot why do I think we're going to have some companies announce earnings that was supposed to be a dollar 50 and they're going to announce 250 just a suspicion and nothing to do about it as of this juncture.

What do we do with earnings? We sit back. We wait. We see what they do. And then we decide on whether we want to attack or not. But just the thought process, we may be on the verge of it. And it may be in some weird, maybe in some weird stuff. Cement stocks are strong.

cement no really cement I don't know what the heck is going on there I think the infrastructure thing may be going on there I am told I'm not going to give credit to Biden on this because it's all debt it should be income but there are infrastructure things going on right now maybe that's what's going on we'll see But again, I want to repeat another good advance decline day, which means more improvement in the market. Are there issues? Well, not so sure. Another good news today, the 10-year yield down to 3.76, it was just 4.09.

A huge drop off of the inflation numbers. Unbelievable. There was a clear breakout above 3.8. It went straight to 4.09, which just happened to be the high in February, and it is just tanked over the last four days. And it's by no coincidence in the last four days, they woke up the growth arena in the market. No coincidence. And now we wait earnings. And we'll see.

We'll know a lot more on how the market takes these things. and if everybody gaps down, that'll be another story. You never know. We do not play earnings roulette. We won't buy a stock within a certain period of time before, and if we have no cushion the stock as earnings come out, we have decisions to make. We don't pretend to be Carnac the Magnificent

knowing what somebody's going to report and how they're going to report it and what the reaction is going to be. So we're ready. The first part is before the market opens tomorrow. Some big fat financials which have been acting better. Namely, J.P. Morgone, which is, I believe, of the yearly high. By the way, estimates for almost $4 a share earnings for J.P. Morgan versus 276 last year.

Why? Oh, they're getting all the deposits. What has me most interested is United. because the stock's been crushed that whole group the managed care stocks crushed estimates are to be up 10% on earnings and guess what we'll be here reporting it to you not just what they say but more importantly how the market reacts because when all is said and done that's what matters most up next news of the day whatever else I'm Gary this is the one only

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

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

because the biggest change is not technology, is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. 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, 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 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. 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. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for storewide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, body armor, or aida, silk, Capri-San, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings.

Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. You're listening to... What are we waiting for? Where are you waiting for?

One, two, ready, go. In The Wester's Edge with Gary Kulpaw. So, in the news, here's what irks me today in the news. And it's not what I would call earth-shattering. It's not going to change the world. But it is a complete example what we are dealing with when I say the fix is in. I want you to imagine the White House, the most secure house in the world. Somebody went in there with cocaine.

The cocaine was found. The secret surface has closed the investigation with no suspects whatsoever. And we're supposed to take that. We're supposed to take that. Now, in case you don't know, there is cameras in every. room. There are logs of every person visiting the White House. Yet they're telling us they don't want to interview every person that was there. No, we don't want to do that. Really? We went over the video and we could not figure it out. Really? Let's drop the investigation that somebody was

able to bring cocaine into the White House. What is cocaine? Well, it's a drug, but what does it look like how does it feel well it's a white substance right powdery i guess hmm what's anthrax what if it was anthrax now in case you don't know you and i own the white house our tax dollars pay for the white house it's they call it the people's house no it really is yet they're given us the middle finger again. This on top of all the other middle fingers they've been given us. Now, in case you don't know, this is not the Secret Service telling us all this. This is the administration. There is no Chinese walls. I'm allowed to say that these days, right, without being called anything. There are no Chinese walls between the administration and the

secret service. So what are they doing? The administrative. is now covering up somebody bringing cocaine into the most secure house in this world. And we're supposed to take it. And you know what the problem is? We're going to end up taking it because the media will shut it down immediately. Because that's what they do. If it was a Republican in the White House, they'd be running it 24-7 again. In your face.

So that irked me today. I thought it was worth noting today. In the news today, John Kerry was on Capitol Hill trying to explain why he flies private jets while telling everybody, we've got a concern. well because he's doing God's work yes so in other words he can't get on one of those first class flights to Europe or wherever else

with the lie flat seats that fly every hour on the hour well from the states to over there usually from 4 o'clock to 10 o'clock at night no we need to fly private so his carbon footprint is gargantuan

oh but wait a minute we buy carbon credits I'll vomit. And they want to know why we curse these people out. We want to know why we laugh at these people. They want to know why we don't give a damn about anything they say about their preaching. I saw Leonardo DiCaprio, God bless him, love some of his movies. He's out there again getting some award for climate and stuff. And all I know is I see all week in the last two,

weeks, he's on private jets to 200-foot yachts. The biggest gas guzzles, I got to tell you, little old me, in the next two years I won't use that much up. Yet they look at you with a straight face and they preach to you. We have to conserve. Yet they want us to listen to them and believe in them. And unfortunately, a select bunch actually take it. I want to kick. I want to kick them in the you know once. There's this old stupid cliche that should be practiced what you preach.

And yet they do it in plain sight with straight face. And we're supposed to take it. And they want to know why we're so pissed off. And they want to know why we don't trust

them. And then they don't really care because they go about their business, making their big buck, collecting the big buck, and thinking they're some kind of heroes. Just wanted to bring that up because Kerry was front and center today. And again, just another multi-bazillionaire lion sack hypocrite. That's all. he ain't the first he ain't the last don't know him personally this is pure business that's all my take on the subject what can i tell you but back on point man just i have this one little column of growth areas of the market bright green today growth areas of the market bright green today

growth areas of the market bright green and that can't be bad growth is good we dig that technology leads semiconductors lead and typically that's good for markets

if anything changes we will let you know they don't usually change in a nanosecond and I can tell you at the end of the day today let me repeat that was only up 47 but strong day for the NASDAQ growth times tomorrow I'll be on with the great man Neil Cavuto on Fox Business Network the noon hour check it out and same time here for the radio show you have a great evening drive carefully I am not Satan and when you get home do like we do quite simple make sure you hug your family hug your children they will feel better you will

feel better. Have a great night, everybody. Thanks for joining. Peace out. This has been Investors Edge with Gary Cult Bomb on Biz Talk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryKK.com. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. With whether you're changing careers, starting fresh, or pursuing a lifelong passion. Our programs are designed for people who never stop. You bring the fire, APU will fuel the journey.

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