Investor's Edge with Gary Kaltbaum - NEGATIVE DIVERGENCES [05.28.2024]

Episode Date: May 28, 2024

https://garykaltbaum.com/...

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Starting point is 00:00:31 Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum, your host day. Thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It's Tuesday.
Starting point is 00:00:49 It's May 28th. It's 2024. And we have a lot to cover. Serious talk about everything that affects you. And we mean everything. We will do the markets big time today. the economy, the Morlocks in D.C. And anything else we can think of.
Starting point is 00:01:11 And if you do not get this radio show in your city, we'll post it at garyk.com. We'll also post it on our Twitter feed, which is now X, and podcast apps. And if you don't follow us, you should. And if you want to email us, just be nice. Be nice. Be respectful. It's all good.
Starting point is 00:01:31 Thanks for joining. Okay. We figured we put it in the order that we think you'd have an interest in. We have no clue why. We know there was news about Elon Musk raising $6 billion for something, artificial intelligence. I don't know. All I can tell you at the close today, NVIDIA, was up, let me get the right number. I'm trying to get the right number here. I think I can get the right number. 76 bucks, let's call it. 7%.
Starting point is 00:02:12 Now, as you know, we bought InVidia in January at 505, sold it on the big reversal day. After the big reversal day, the day after. We were in it before earnings and sold it. It gapped up on Thursday. On Friday, we bought it back. And beats the hell out of us why it would be up so big today. but it was, we'll call it pure luck. It has nothing to do with skill on that,
Starting point is 00:02:42 except a big, as we told you on Thursday. Adam did the show on Friday. We thank Adam for doing the show. Thursday was a breakaway gap. We did not buy it on Thursday. On Friday, it opened a little down, started moving, and we took our position again. So we're in the video right now,
Starting point is 00:03:01 and it was a very, very good day. Where it goes, we have no idea. How long it goes, we have no idea. how far it goes, we have no idea. In turn, what it did was it had some, some sympathy plays. What do we mean by sympathy plays? Well, if the semiconductors as a group are strong, well, the semiconductors, not all are going to go higher. Some better, some worse. But leave no doubt today was the Nvidia day. They lifted up AMD today, which is a very weak name to the tune of five and change. They lifted, and by the way, back above the 50-day moving average, but has a lot of work to do.
Starting point is 00:03:58 They lifted arm holdings today, 9% on some pretty darn good volume, back above the 50-day moving average. that's going to be of help. They lifted up micron, and not much, two and a half percent, volume wasn't that great. And just lift ASML holdings up three and three quarters percent today,
Starting point is 00:04:23 rounding out what we call a base, hopefully something comes of it. Broadcom was only up four bucks, but traces out pretty well. The semi-conductors were up 96. In turn, it had the now, NASDAQ up 99. And by the way, what I love most about this market,
Starting point is 00:04:44 and we don't make this up, we tell you like it is, if we tell you the NASDAQ went up, hmm, 20 points in the last minute, would you trust us? It basically did. NASDAQ up 99. That said, advanced declines were 17 to 24 on the NASDAQ. Just stating, 17 to 24 on the NASDAQ.
Starting point is 00:05:23 That said, a lot of the small, the midcaps and not so mid-cap, but even more than that, we're down on the day. A lot of weakness and a lot of tech today. What with Envidi up 76? Yeah. And then there's another part of the equation that I think is of noteworthy. and let's get right into it and it's of import and let me repeat again we don't know what it's going to lead to and let me repeat at the end of the day
Starting point is 00:06:02 I'm not making this up in the last minute they rallied the Dow 55 points in the last minute today they rallied the Dow 55 points did I tell you they rallied the Dow 55 points in the last minute, it was still down 216 points on the day. Coming into today, what have we been telling you? Listen carefully. The transports very weak. They were down another 87 today. A bunch of Dow stocks very weak. Well, it was down 216 points today. The good news is at one time today, it was down
Starting point is 00:06:51 360 until they juiced it at the end of the day. For the most part. Yeah. Weakening defense stocks, weakening payroll stocks, that's your ADP and paychecks, weakening your managed care stocks, weakening your waste management stocks, weakening your hotel stocks. Listen up. We already mentioned transports weakening insurance stocks weakening medical stocks and I saved one for last the big banks there's something called the XLF it's the S&P Financial Select Sector Index it's big banks and some other big stuff it finished not the end of the world but starting to break below the 50-day moving average. Now, again, notwithstanding a good strong close today,
Starting point is 00:08:05 the Dow was down 216, and that's been the weak area. So we're letting you know if I had to put a title on this market right here, negative divergences continue. That said, semiconductors, led by Nvidia and others. We mentioned Arm back above the 50-day ASML. We mentioned Micron. And there's other tech that's strong based on the AI thing.
Starting point is 00:08:39 We're talking Dell and Qualcomm, things like that. The gold miners and gold, we told you last week, well, Adam did the show Friday, but I've got to tell you, on Thursday, I was not liking the way the pullback was going. It was harsher than I want to see. Bounce them today. Still jury still out. Silver, much stronger than gold near term.
Starting point is 00:09:09 You can just go look at the SLV versus the GLD. Oils bounce today. The same oil names that are strong remain strong. most of them blah. Most of them sloppy. Most of them would stay away from. The 10-year yield. Did not like what it did today.
Starting point is 00:09:37 And maybe it's just one day. When you have a chance, go take a look. Ten-year yield. Not the bond, the yield. Look like it's turning up here. We don't want to see interest rates higher. And oil prices may be turning up also. Not so sure oil prices and the 10-year yield heading north will be good. We'll see.
Starting point is 00:10:05 But just to let you know again, if I titled the show today, it would be negative divergences, continue, then I'd throw in, fortunately, a good close, because it was getting some ugly until the end of the day and got a little defense by the end of the day. We'll see what happens. Tomorrow is another day. But the big story of the day
Starting point is 00:10:33 and again, NVIDIA was up $76 bucks. The breakaway gap we told you about on Thursday working. How far? Don't know. How long? Don't know.
Starting point is 00:10:52 Leave no doubt. The market caps now up to $2.8 trillion. We wonder how much that can go. That said, it didn't stop it today. We've been getting questions, Gary, so that's my music. We'll do the questions in a moment. Thanks to being here. I'm Gary.
Starting point is 00:11:14 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,
Starting point is 00:12:01 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 888-4-22-55-9. That's 8-8-8-4-2-5-9. That's 888-4-22-5-5-9. Investment Advisory Services offered through Call Bomb Capital Management. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM.
Starting point is 00:12:38 I recently spoke with IBM's new director of research. Jake Embatta, we discussed his vision for the future of quantum computing. At IBM Research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes.
Starting point is 00:13:10 building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right? My cell phone is a mature technology at this point. How far are we from that point with Conton?
Starting point is 00:13:38 By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Amazon Hub Delivery wants to partner with your business. Help your business. Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub delivery. You and your team will deliver Amazon packages to customers in your neighborhood, on a schedule that works for you,
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Starting point is 00:15:26 Restrictions apply. See website for full terms and conditions. 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
Starting point is 00:15:45 called bomb it doesn't get better than this so welcome once again to Investors Edge so we got a really good question Gary you bought NVIDI at 505 originally why aren't you sticking with it if you believe in the story great question
Starting point is 00:16:08 let me be clear and concise about the answer our job here that keeps us in pretty good stead is to pay attention what the market is doing at any given moment in time. In real time. The two most important words, actually three, in real time. At any given time in real time, there are things that happen, things that go on that tell you, hey, you may just want to take it. and even though the numbers are strong as all heck,
Starting point is 00:16:49 how many stocks in the last 25 years had the greatest of numbers and strong as all heck and topped out on their strongest numbers reported? Well, the answer is a ton of them. Think about it. That's how great stocks do eventually top out is when the market telegraphs, it's the best numbers they're going to be.
Starting point is 00:17:13 that's all so let's work through nvita on march 8th it opened at 974 and on monstrous volume the biggest volume we have seen 114 million actually there was one more uh i think a million shares more than that
Starting point is 00:17:34 it was a hundred dollar reversal 100 dollars one of the worst we've ever seen we sold the next day rallied up a little bit never got past the highs but you know what happened afterwards
Starting point is 00:17:51 it dropped over a hundred dollars lower than when we sold so think about that if we didn't sell that means we would have had to stick with something that was a breaking down breaking down badly on volume with the market,
Starting point is 00:18:19 breaking the 50 day, closing on a Friday at the lows of the day, and it would have knocked my original buy way, way down, and in real time, I would suggest to you I would have been selling $100 lower on April 19th. And then, what if it didn't come back? Huh. what if it just kept going lower what if nVIDIA announced well guess what there are a lot of double orders and triple orders and uh we're going to have too many chips and we're going to have to work through them
Starting point is 00:18:59 so we're going to lower on numbers and half and the stock drops all the way back to 500 giving it all back what if that happened that's the answer to your question in real time it's so so easy to look backwards. It really is. But in real time, the stock was getting smacked to smithereens, and it was one of the good names. It was one of the stronger names. Others much worse. You already knew about, and we always been talking about, how many technology stocks have been trashed over the last few months while the NASDAQ was at new yearly highs. Palo Alto Networks, Service Now, Checkpoint, Adobe,
Starting point is 00:20:01 other tech, and others in growth like Draft Kings and Uber and Lyft, and Palantir, one of the most overhyped, and Shopify, Into It just croaked the other day. snowflake square the list goes on and on in real time so great question it is a great question the last stock the longest stock i held in many a moon we had visa for three years and i think we made don't quote me on this but I think I'm close three and a half times this was a while back
Starting point is 00:20:48 and what you have to realize think about what we've gone through since 19 COVID the COVID crash the Fed printing nine trillion bucks raising everything and the meme stocks going ape crap to the upside and then you had the 21 bare market where everything
Starting point is 00:21:10 got crippled and even the big stuff came down where the average leading stock of the prior bull went down 70%. You know that, right? And a lot of them are still down 50% plus from those highs of 21 in real time. So I will tell you this flatly, if Nvidia never acted the way it did up at the highs. We would have kept it. Our goal is to hold great stocks as much as we can, as long as we can.
Starting point is 00:21:52 But that ain't easy. And I know our industry is full of diversified portfolios. Don't sell even in a bare market. Well, I can tell you, flat out, not kidding. In the past, we have brought in accounts where stocks are down 70, 80, 90%. But don't worry, it's only a small position in your account. Really? So let's just keep it.
Starting point is 00:22:37 So just let you know, in real time, this is tough. And as we said, we bought it back on Friday, and we're up, I think, $100 bucks already. Yeah, about $100 bucks already. I hope we can hold it for three years. Why? Because we're going to make a hell of a lot of money. But that'll be the market deciding, not us. Yeah, I'll almost 100 bucks.
Starting point is 00:23:08 The market will decide for us. None of us know where the market's going. No one knows where it's going to be at the end of this year. Nobody knows what the leaders of 2025 are going to be. What's going to be the laggards? We just try to stay in gear and stay out of the way of trouble. Let me give you a good one. Ever see this thing Celsius?
Starting point is 00:23:38 It's the drink at the supermarket, the Celsius brand. The stock could be acting pretty decent. Strong growth. It was down 13% today with a big, gigantic, ugly top in it. An analyst came out and said sequentially, it's not going to be looking so as good as it was. We didn't own it. Imagine if we did.
Starting point is 00:24:12 Up next, we'll keep going through that. We got lots more on the market, and then we'll whine and complain about something. I'm Gary. This is the one only investor's edge. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Embatta.
Starting point is 00:24:44 We discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. Building actual physical machines.
Starting point is 00:25:15 Yeah, it's why I came to IBM. I wanted the experience the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right? Yeah. My cell phone is a mature technology at this point. How far are we from that point with Conta?
Starting point is 00:25:40 By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large. large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Want to earn extra income for your business? Amazon Hub delivery is looking for ambitious business owners to assist with local deliveries. When you become a partner, you and your staff will deliver packages to customers in your area on a schedule that works for you. With each package delivered, you'll gain extra income and exposure for your business. Plus, Amazon Hub delivery makes it easy to get started. There's no upfront costs, delivery experience, or long-term
Starting point is 00:26:21 contracts required. Sign up to learn more at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. 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, Oiraida, Silk, Capri-San, Bavarian Meats, and Charmin.
Starting point is 00:26:46 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. 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 Colbomb. It comes highly recommended. You're going to feel better if you talk to him. And welcome once again to Investors Edge. Let me pick one out.
Starting point is 00:27:28 that I think most of you have heard of. I think I'm going to pick one out that I think most of you have heard of. You all know what Roku is, right? Roku is this entertainment device that allows you to put all these other streamings on there. Roku. And it's been talked about,
Starting point is 00:28:00 propped, great, wonderful, what a gizmo. It topped out at $490 in 21. It's $56 today. It's a great story. I have it. We're just making a little point. Boeing. That's a good company?
Starting point is 00:28:41 Well, we think. It hit a high of 441. in February of 19 and unfortunately there were two Boeing aircraft crashes I believe we're Indonesia somewhere else and not to shrug that off it's gone from 441 to 175 so in real time what do you do it's Boeing what is that 60% since 19 Tesla 400 and change the high
Starting point is 00:29:33 414 in November 21 it's 176 today you know what they said when it was 414 it's going to 1,000 the leader of and a lot more to come and maybe that's true going forward but in real time
Starting point is 00:29:59 414 to 17 And we found out way down the road. Remember, bad news usually comes after the stocks already in bad shape. The bad news is the industry. If less and less people want to buy the cars of electric vehicles, even though you're getting taxpayer dollars to buy them, Tesla. Think Home Depot is a good company? Well, this is not a big drop, but it's down 22.
Starting point is 00:30:43 percent from December of 21 still, but still 22 percent, not the end of the world. So we're just making the point on answering the question in real time. Everything's easy. Looking backwards, I'm the greatest Monday morning quarterback in history. I F-bom myself big time in my little diary here on things I do right and things I do wrong. even when I do right I F-bomb myself I should have been better
Starting point is 00:31:20 so just let you know in real time I would have loved to never have sold NVIDIA the good news is by my rules the first one we're up in the 70s and in a day
Starting point is 00:31:36 call it skill call it luck we're up I think 9% in a day on this one And again, wish I never had a sell. Oh, and by the way, I wish I didn't sell before the earnings. We had bought some, made some hay, and then was giving it almost all back and said, screw this.
Starting point is 00:32:00 In real time, we don't know what NVIDE is going to do on earnings. We know they're supposed to be good. We know they're supposed to be strong based on guidance, but what if? and what if the stock was down $100 bucks on earnings? In real time. Moral of the story, ladies and gentlemen. Next, we were asked about GameStop.
Starting point is 00:32:27 They did the secondary offering. It was up 25% today. Good luck. It's still, just remember, I got a trading in the aftermarket at 23. It was $64.83 about business days ago on the open. Three words.
Starting point is 00:32:45 pick your poison and you get to decide. Remember, we don't tell you what to do. We tell you what we think. And you decide. We're hoping you're working at this. Hope you get this. It's not easy. It is a lot of hard work. In real time. Tomorrow is another day. Of note. Nice little comeback at the close thing. By the way, in case you don't know how crazy today was with NVIDIA leading the way, the NASDAQ today hit 7,000, let me make sure, 17,332 early in the day, was up 112. It went all the way down to 16-917, back to almost flat. at 2.30 and finished up 99.
Starting point is 00:34:04 Semai is leading the way. To be watched. Today was one of those days. They better keep them up, and they did. And good comeback at the end of the day. With the Dow down 216 and the transports down 87, very weak. And we'll see if that changes. I do want to again mention the gold.
Starting point is 00:34:31 A little more harsh of a pullback than we would like to see, but nice little bounce today, and silver, stronger than gold. The second. In real time. Want to bring up draft kings. What's the matter with draft kings? Well, the stock is now in a bearish phase. By the way, it's gone from 49.57 to 3660 in the last seven, eight weeks. What is that about?
Starting point is 00:35:01 13 bucks on 49. Want to add that up? 26, 27%. In real time, I bring that up because highly touted. Well, we make fun of it a little bit. Wish I started the company. They're just a great bookie. Their payouts are from losers.
Starting point is 00:35:27 Good on them. Because we're now the great gambling society. Uber, Lyft, bare markets. They were in shape. We'd just let you know in real time. And you never know what's great turns bad. What's bad turns great. We just let the market dictate that.
Starting point is 00:35:52 And we'll see how it goes. Could have been a lot worse today. Could have been better. More deterioration in certain areas. But I will repeat again. I liked how we finished a little bit today. I'll be doing our scans after we're done with radio. In the news, did anybody see the interview with Mayor Pete Buttigieg, who's the Transportation Secretary now?
Starting point is 00:36:26 I've never met him, don't know him. I'm sure he's a nice man. Got nothing against him personally. I think he's just another political hack. he was on TV and in a random act of journalism by the anchor gave it to him a little bit that in three years
Starting point is 00:36:50 the administration has spent 7.5 billion of our tax dollars for charging stations for electric vehicles they've only built seven charging stations now I'm not making this up. You would think I would be. Nah, can't be. $7.5 billion and there's only seven or eight charging stations in three years? I was not taken aback by what he said to the answer, which was a
Starting point is 00:37:24 bunch of bull crap. I was more on how we said it. Up next, I'll explain. Thanks for being here. I'm Gary. This is the one only investor's edge. Hello, hello. I'm Malcolm Gladys. Well, 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.
Starting point is 00:38:31 If anybody has more than 10% of what they had for customers, 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.
Starting point is 00:39:01 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. Want to earn extra income for your business? Amazon Hub Delivery is looking for ambitious business owners to assist with local deliveries. When you become a partner, you and your staff will deliver packages to customers in your area on a schedule that works for you.
Starting point is 00:39:36 With each package delivered, you'll gain extra income and exposure for your business. Plus, Amazon Hub delivery makes it easy to get started. There's no upfront. Costs, delivery experience, or long-term contracts required. Sign up to learn more at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st.
Starting point is 00:39:59 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-Son, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings. 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? Well, what are you waiting for? One, two, ready, go. Action! In The Bester's Edge with Gary Kulp. So, if you have a chance, you can Google the interview where he answered.
Starting point is 00:40:57 the question about how is it possible that they can spend 7.5 billion of our tax dollars for electric vehicle charging stations and in three years there's only seven or eight and you you really would hope that the anchor i believe it's the woman on cbs would say to him w t blank but she can't i want you to go watch him because his not what he said which was just a bunch a crap. It was how he said it. No emotion, no passion, about $7.5 billion, our tax dollars. Imagine if I got my hands on that $7.5 billion, what I would be able to do with it for the children, at-risk children, in some of the rougher times. for communities around the country.
Starting point is 00:42:05 Imagine what I, Gary, would be able to do. Yet he sat there, just a bunch of bull crap, but how he said it. And therein lies the problem. They don't give a freaking crap. They have made the debt and deficits and spending numbers and size of government so large that $7.5 billion
Starting point is 00:42:32 is a freaking footnote to the socialist Marxist control freaks that should be drummed out of office and go to the dustbin of whatever the hell they want to do with the rest of their lives except to use our treasure and waste it. Go watch it. And you'll just, well, you know, kind of, infrastructure and this and that, and this and that. They turned 7.5 billion of our precious tax dollars into a freaking footnote. To me, that was in the news.
Starting point is 00:43:22 For starters, in the news. Speaking of another Marxist socialist, always been wrong control freak in D.C., Janet Yellen, says has the nerve, has the grapefruits to state that government needs to raise more revenue. Every year we're sending them more and more record tax dollars. And they're saying that they don't have enough. They raise federal spending just going back the year before COVID from $4.4 trillion. into the sevens, mid-sevens, but they don't have enough revenue.
Starting point is 00:44:16 It has nothing to do with their freaking out of control spending and increase in the size, scope, spending and debt of this government. We need more revenues. This woman should be fired, her butt should be out. she is not a defendant she is supposed to defend our treasure and she is the worst I have ever seen and we have had some bad treasury secretaries by the way she has been one calling for a
Starting point is 00:44:50 global wealth tax which by the way I will hand it to the administration they said no to it She was one of the original experimenters. Is that a word? With Bernanke. She worked with him, for him, whatever.
Starting point is 00:45:13 On the original, let's print money to save our buddies on Wall Street that committed all that massive fraud, causing the financial house to almost come to a close in 2008. But she needs to lift revenue. Just remember, these miseries can't even turn on a light bulb in DC without our tax dollars. They earn no money. They're nothing but a Hoover vacuum, sucking us dry. Ladies and gentlemen. And lastly, in the news, I'm sure you've read about this golfer.
Starting point is 00:46:04 I watch golf big time on TV, and I remember when he, He won his first tournament and I remember he was peppered with questions about his mental health. He committed suicide in case you do not know. You can go read about it. There was a movie, I don't know which one it was, but there was a line in the movie about somebody who took their own lives about what would get you to the point, oh, somebody was thinking about it and was saved.
Starting point is 00:46:38 What would get you to the point where you thought that was your only, you know, that was your only choice. Imagine this man top 50 golfer in the world, won twice recently. Obviously, that means he's got some wealth, was going to get married, had a fiancé, by all, everything we've seen, a wonderful family that backed him and backed him and was with him and just everybody trying to surround him and hug him. And yet he still did. Just little things that I'm always remembering and thinking about, maybe all of us should, about how precious life is, and that just because you got wealth, success, love, there are a lot of people with mental health issues a lot. And I don't know what the answer to it is. Boy, I was in New York City just now and you
Starting point is 00:47:53 should see some mental health issues on the subway. And by the way, that's not a joke. So I just wanted to bring this up because, man, oh man, make sure your loved ones know how much you do love them, how much you are with them. You have a great evening. Drive carefully. 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. Have a great one all. Thanks for joining us. 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 GaryKK.com. Amazon Hub Delivery wants to partner with your business. Help your business. Help your neighbors.
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