Investor's Edge with Gary Kaltbaum - No Complaints Yet
Episode Date: July 12, 2023garyK.com or https://garykaltbaum.com/...
Transcript
Discussion (0)
Hey, it's Ryan Seacrest 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, 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 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 Colbaum, your host.
A thanks of being with us today.
Glad you're here, ladies and gentlemen, happy that you are listening.
It's Wednesday, July 12th, 2003.
And I have to tell you, I just got all.
watching
Martha McCallum
on Fox News interviewing
a young boy, I believe he was like 12 years old,
and a major fan
of a country singer
Luke
hold on, I'm going to get his name in a second.
I got to tell you that.
Luke Holmes.
So he had
I guess an accident, had a big
brain injury.
and he had very little chance of living and he did and he's doing great and Luke Holmes found out that he was a big fan
and Luke Combs gifted him with tickets to concert and the young man broke down it was so important to him.
Oh gosh. You know ladies and gentlemen, what are the
one of my favorite things is affecting a young child's life.
I always talk about the Boys and Girls Club's of Central Florida
and the magnificent man, Gary Kane, who depressingly is retiring.
And, you know, I get to have conversations with some of these kids that do not come from what I
I call Fantasyland.
I've always said to my sons, I just want to let you know you live in fantasy land.
I hope you understand that.
And some of these kids, when you do the littlest things for them, the littlest things, they are so grateful and so happy because of that, they aren't in fantasy land, if you will.
so when I just saw Martha McCallum with this young kid
and he's breaking down over concert tickets
to see his idol country music singer
man
I had to take like a couple of minutes before I got on this radio show
just
that's why anybody
who works with kids
does things for kids
goes out of their way for kids, especially for kids in needs.
You got my applause.
That's all I can tell you.
All right.
That all said.
Hope you're having a good day.
This is a show about you and then everything that affects you and your money in the markets
and all points in between.
We do the economy, jobs, employment, taxes, deficit spending, scams, shams, corruption, you name it.
cover it. Some, I got into it a little, I don't get into anybody on Twitter, but somebody was
talking about government and tax cuts are bad. And I'm trying to explain to them. There's no such
animal as tax cuts. It's our money. We give it to them. So when they cut taxes, they're just
given us our money. And people who are government lovers and think government is the end all,
be all, just don't get it, just don't understand it, that government doesn't turn on the light bulbs
in their grade A plus office buildings without our money. And of course, when they decided we
weren't given them enough, even though we were giving them a crap load, oh, let's just do deficits.
Oh, we got away with that deficit. Let's make it a little bigger deficit. Oh, we got away with
that 34 trillion later. And then he puts up a chart of, oh, but look what we're spending it on.
This is so, you know, so where do you want to cut spending? And on that chart is Social Security.
He puts up a chart of Social Security. And I try to explain to him, wait a minute, you're saying
$1.2 trillion is going to go to Social Security this year. Wait a minute. Why is that coming out of the
budget? Social Security. That was money taken out of your paycheck for your. For your money, you
you to get back when you
retire.
Why is it coming out of the budget
now?
Because they stole it.
Just so you know many years ago,
they used to tell us
all of that money is going in
quote unquote, a lockbox.
Remember, go look at your paycheck. They take Social Security
out. And it's supposed
to go in a lockbox. Nope, it's gone.
They're crooked,
corrupt, sleazy, slimy,
scummy and that's why I always say
I have no hope for them
and I've never been more pessimistic on them
because they say oh they need the money
and we're in deficit because of the Social Security
wait a minute that's impossible
that's impossible
oh but wait a minute we did not plan
for demographics for people to live
longer well you're the government
you're supposedly geniuses why didn't you do
that you were told
for decades to do something about it just so
you know
The year, George Bush won re-election.
Right after being reelected, he invited myself and a bunch of other radio shows to the White House.
Why, they wanted to go after Social Security.
What do you mean by going after Social Security?
Well, they realized that one day Social Security is going to be bankrupt because all the money is being stolen.
So they just wanted to talk about it.
So we got there and we were discussing it.
I would ask the question, what do you think you can come up with with Social Security?
well, we're not sure, but we do know some things have to be done.
Maybe means testing, which we know that's never going to happen.
Maybe age, maybe more tax, whatever it may be.
A week later, I got a call from my conduit at the White House, that's the word, right, conduit, my contact and said, we're dropping it.
I said, why?
He goes, politically, we're getting killed.
And notice what they do.
Anybody who brings up Social Security, you're going after Grandma and Grandpa.
but you know who went after grandma and grandpa?
Them!
They stole the money.
That's all.
And do you realize if there was never Social Security and it was just a program where you have your account?
It's an account.
And the money goes into your account, in your name, not government.
There was never any Social Security administration, which, by the way, I can't only imagine the cost to run that thing.
that's another part of the equation
so imagine if it just
went into an account
wherever it may be
and in that account
all you can do
was by 10 year bonds
or even five year
or even one year
roll it over every year
whatever that's all you can do
and it was automatically done
and it's in your name government
has nothing to do with it
guess what
there'd be a ton more money
there wouldn't be a bazillion dollars
spent on another
government area
and they wouldn't have their sleazy, slimy,
grimy hands on your money.
And we wouldn't have to worry about them
lying and cheating and stealing about
a lockbox.
And there's your story.
So this person on there who's some
government lover and thinks they're the end all be
always trying to tell me, oh, we can't cut spending
anywhere. Oh, really.
Oh, really.
Oh, really.
And then he goes and calls Social Security a
welfare system. No, it isn't.
Welfare
is helping people out.
The needy
and the like.
Welfare, it's your money.
It was your money.
Anyway, I just had to start with that because
so many people are out there just stupid.
And if they're not stupid, they got their head
in their sand because they think the government's
the end all be all when government is nothing
but a Hoover vacuum sucking
away
are hard-earned dollars and then move
us into massive debt and deficits. Case close. Anyway, just how to bring that up. Hope you
having a good day. Another good day in the market. Another good advance decline day. I will say this.
I think some areas are petering out. And what do we mean by petering out? Well, they kind of went
vertical for a few days. And vertical doesn't work for more than a few days normally. So what they do
is they stop going up. If something was up five bucks today and finishes only up one, that's what we mean by
petering out and it'll go through a period of correction pulling back. But I can tell you the
technical condition of the market has done nothing but improve on a daily basis. And I have some new
areas to tell you about today. You know, recently we mentioned, hey, by the way, energy's showing up.
Before that, you get my point. So we're going to go through a couple of new areas,
a couple of new areas that you should be looking at tonight. Why?
because we have a very good eye on thine markets.
It's quite as simple as that.
And as you know, every day, we scan 1,500 stocks, even maybe a little bit more than that, 200 sectors, every country, every commodity, and we look for emergence or submergence.
We look for uptrends or downtrends.
We look for major uptrends or major downtrends.
We look for launching pads.
What's a launching pad, a stock emerging out of an area, meaning it was trading between 100 and 100 and
for the last six months and then bust through 120 on triple volume.
We'll have that up next.
And this is the one and 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 service.
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 complimentary portfolio review. The number to call is 888-4-22-559. 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 Smart Talks with IBM. 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.
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 Condon?
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.
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 stomachache 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 fact.
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 store-wide deals and earn four times of points.
Look for in-store tags to earn on eligible items from Celsius, body armor, or Ida, Silk, Capri-Sun, Bavarian Meats, and Charmin.
10 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 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 welcome once again to Investors Edge.
Thanks for being with us today.
So as I said, there are some areas that I think have probably petered out,
but not the end of the world type petering out.
I think airlines and cruise lines went vertical for a bit,
maybe hotels, things like that.
But we're not saying they're in trouble.
We're just saying they're probably going to settle down a little bit, pull back,
whatever, and there's a few other things. I also wanted to mention that software security stocks got
bludgeon today because it turns out Microsoft may be going into the business. And one of my
favorite stocks that I don't own, Palo Alto Networks, was down 18 bucks on that news today. That wasn't
good. But you may want to write the rest of this down. Gold and silver. So in case you do not know,
gold and silver and other commodities and metals and mining will move into.
inverse of the dollar. The dollar is getting squashed versus other currencies right now. Absolutely squashed. So gold,
we'll call it a wake-up today. Go look at the gold miners, GDX or GDXJ, and you will see a turned
up the right side of price on very heavy volume. The same goes for silver. So we're not telling
you, it's on its way. It's certainly not an uptrend, but it could be a start.
And all we look for is certain signposts that tells us there's a chance for something to happen, and that was a real good move today.
So we'll start with gold and silver.
Next, China and emerging markets.
Now, why would China and emerging markets start up today with gold and silver?
Why? Because a lot of them are commodity-based-type countries.
So we're just letting you know, if you look at the EEM, it's just an emerging markets, exchange.
traded fund you will see a real good day-to-day on very good volume shooting up the right
side of a range if you look at the EFA if even stronger if you look at the FXI which is
China not as good but you can see what we're seeing that maybe it's trying to
you know bottom out in here so KWEB and CWEB same there that's that's
China also just different areas.
So we're just letting you know that may be of note.
We are not telling you to buy, sell, short, or cover.
We're telling you to go look at the charts tonight and take a look and decide for yourself.
We're letting you know potential there off of today where potential wasn't yesterday.
That's all.
They left some identifying marks.
Simple as that.
Best way I can explain it to you.
And as always, we will continue to stay on top of these things as we move forward because we know we said yesterday in the day before and the day before and the day before and the day before and the week before and the month before.
That is how we roll.
So very good day.
Advanced declines, but I want to repeat.
I think probably some areas of petering out.
and we're going to watch how they trade on the pullbacks, whether they're controlled, contained.
And what do we mean by controlled and contained?
They pull back calmly and quietly over a few day period on lighter volume than the volume when they moved up.
Simple as that.
Identifying marks for good looking stuff.
Got it?
Good.
So, to explain today, and the market wrap brought to you by Investment-Dashmodels.com, that's Jim Rohraback, 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.
Well, the Dow finished up 86 today.
That's fine.
But I do want to let you know the Dow at one time today.
Not making this up.
Ready?
It was up 300 and 27.
So we'll call that a little bit of distribution in the Dow.
But not the biggest deal.
Let me explain.
United Health.
What have we been telling you about this group?
It's managed care, HMOs.
One of the worst acting group in the markets.
Amazingly, United Health down 11 today.
It's in the Dow.
And it's the most important name in the Dow because it's price weighted.
So 11 points is equivalent to about 70 Dow points.
So that didn't help, for starters.
And then you had things that were really hot early.
For instance, Microsoft was up like 10 today, finished up 4 and 3 quarters.
So that gave back about 35, 40 points from the highs.
Goldman Sachs, they had that up today, 7 and they had that up 13 today,
finished up 5 and a half.
So let's call that, yeah, another 50 Dow points.
So some distribution, not the end of the world,
but the Dow still has not broken out, by the way.
The Dow continues to be the major, major, major lagging,
index out there.
Even more lagging now than the Russell 2000.
S&P up 32, NASDAQ 158.
NASDAQ 100, 188.
Transport's down 24, but you ready for advance the clients?
3,049 up, 933 down in New York, 2773 up on the NASDAQ, 1,408 down.
What was with the NASDAQ?
NVIDIA.
Looks like it's going to break out again.
closed right at the old high, actually up a little bit in the aftermarket above the old high.
That would be pretty clean if it does.
Facebook, Meta, up another 10 today.
New high in meta.
We mentioned Microsoft was up still $4.90.
Apple up $1.81.
Bounces off the 50 day.
That's in the Dow, and that was actually up three in change.
that they finished still
finished up a buck 81 that was doing it
and there was really nothing down in big land
of technology thus
the 188 NASDAQ 100
the semi-conductors
strong
and I got to tell you if the SMH moves above
156 there's another breakout for the semis
housing strong
new high
housing stocks boom
housing related things like
floor and decor
nice Home Depot
Lowe's
restoration hardware
which has gone insane to the upside on their crappy numbers
some things we don't understand in life
so housing related still in good shape
and again the only complaint I can give you about price
I think some things petered out today
I can complain about sentiment
it's too bullish out there all my sentiment readings
are reading bright red which usually leads to some
scare in the market, usually, but I could have said that a week ago. And you've had a pretty
darn good three days. New yearly highs picked up nicely today. We'll take that. And I've yet to
see the biggest bears converted. But you know what worries me? They're celebrating, I'm not going to
name who. They're celebrating a guy who's been bullish all long, never bearish. Not so sure
that's good news. Up next. More on this.
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 Gambata.
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.
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.
will mature.
Right?
Yeah.
My cell phone
is a mature
technology at this point.
How far are we
from that point
with quantum?
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.
Hi, I'm
Dr. Jay 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 stomachache every day. Or I'm constantly
feeling like gassy. And all of those things are not something that generally, if you have a
healthy gut, you should be living with. 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 IHeart Radio. 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 store-wide deals and earn four times of points.
Look for in-store tags to earn on eligible items from Celsius,
body armor, or Ida, silk, Capri-Sung, 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.
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.
By the way, I am not going to use the word scam.
but I have learned a big lesson about storage companies.
I'm not going to call them a scam,
but I moved from home to home and I needed some storage.
So I went to one of these storage places,
one of the famous big company storage places.
I got a certain size place and they charged me 156 bucks for it.
Cool.
And they don't tell you anything.
About
Eight months later, they raised the price 25%.
And you know what they tell me the reason?
Inflation.
Inflation, you're a storage company.
But I went with it.
Okay.
And you know why?
Because I don't want to move my storage again.
And they know that.
Six months later, they raised it again 40%.
I've now gone from 150 to 280, and I called up and I, very calmly and quietly, you first told me it was inflation.
Would you like to tell me why it's 40% higher now when inflation is going down?
Well, I got Ralph Cramden on the other side of the phone, Humana, Humana, Humana, Humana.
And by the way, this is the manager of the place.
And you know what they know, that most people who put things into storage don't really want.
want to move it. So I said to her, so you're just another freaking scam, aren't you? It was a lady.
She said, excuse me? I go, I signed up for $156 a month and 15 months later, it's $286 a month.
And you have fixed costs. And you never told me from the get go that you would actually double my price.
don't you think you should have some full disclosure on what you know you're going to do?
She says to me, you know what?
I don't even remember what she said, but it was pretty terse into the point and whatever.
So I called up another storage place, and I told them the story.
You know what they said to me?
I'll just let you know that's customary and we'll do the same.
What?
I said, just so you know, these are teaser rates.
I go, why don't you tell people their teaser rates?
She goes, I'm telling you now.
I go, but you don't normally tell people it's teaser rates.
And in my contract, I saw nothing about teaser rates.
So just another business that refuses to disclose.
It's like watching these.
You ever wake up in the middle of night because your dog moves themselves on top of your leg like my dog does?
So what do you do?
You turn on the TV and you have one of those infomercials.
And all the infomercials at the bottom of the TV says,
results not typical.
So in other words, they're doing this whole infomercial, and they're lying to you.
Yeah, take this pill and you're going to...
I can't tell you what some of the infomercials are, by the way.
I don't want to blush.
You get my point.
Why can't they just do full disclosure?
It's like I get these credit card offers.
all the time, like 100 a week, and they tell you 0% for 18 months,
yay, yay, yay, yay, and big, bold letters.
They don't tell you, but there's a 5% fee on anything you do.
So it's really 5%.
Why don't they do the 5% in big bold letters?
You know, that's where I, if I was in government,
I would make them fully disclose.
So anyway, I'm going to move my storage from one place to the other that guaranteeing me six months at the low price,
but they're telling me, just so you know, we're going to do it again.
We'll raise it, but we'll do it in increments.
And at least I know, why can't these businesses just tell you what the hell they're doing?
It's amazing.
When I, my industry is the most regulated industry, I have to tell everybody,
everything to the point. This is what we charge. There's no commissions. This is a fee. It comes out
every quarter. And that's it. No, the storage companies can't. Just letting you know.
Another thing that just pissed me off. And it's not big, big dollars, but it's still dollars.
Just tell me, we're starting you at 156 and we're going to raise you in six months because that's how we do it.
It's a teaser rate. Nope. Anyway, I thought I'd tell you that. You know what else I want to
to tell you dominoes back to the markets dominoes was up $38 today up 11 percent and i don't understand
why here was the announcement that made it go up $38 and if you they've now have a partnership
with uber eats to deliver pizza it now allows the customers in the u.s to order domino's products
through the Uber Eats and Postmates apps.
But doesn't Dominoes already deliver?
Why do I have to go to Uber Eats or Postmates if I can just go to Domino's?
And why would that bring in more sales?
They're telling us, oh, this is definitely going to bring in more sales, but wait a minute.
All you're doing is getting a different delivery person.
So I don't get it, but I'm just letting you know it was up 11% today on that news, which really weirded me out.
And by the way, the news was anticipated.
Let's see, Domino's.
Looking ahead, we expect the benefits as deal to begin accruing in 4th quarter 23.
I don't understand why.
Maybe it's me.
Maybe I'm the doofus.
I thought I'd mention it to you.
Just trying to explain to you how I see things and how I'm.
I think, and that one was a weird one for me.
That was in the news today.
I don't own any shares of domino stock.
It has been a very weak stock.
Not anymore.
Let me see how Papa John's Pizza did today.
That didn't do anything.
And by the way, I think I've told you this.
When I was in college, I went to University of South Florida, and on Fletcher Avenue,
there was a Domino's Pizza thing there.
And all I kept saying to my peeps was, man, we should get a few of these in college towns and never followed through.
I should own the hundred of those bad boys.
And you know what else?
Chick-fil-A!
How do I own a bunch of those?
There's one where I live.
They got now that they built it up and they got double drive-through.
It is packed.
Chick-fil-A, and they're blowing away.
They closed the Burger King across the street from Chick-fil-A.
They closed a Burger King, Home of the Wopper, and very good onion rings,
because there'd be 100 cars in Chick-fil-A and no cars in Burger King.
It's amazing what's going on out there.
Chick-fil-A, whatever they're doing, they better keep doing it.
That's all I can tell you.
That, to me, was in the news.
I was just thinking about that with the Domino's pizza thing.
Back on point.
Except for some areas petering out, I have no complaints.
And now maybe some new areas are coming to the fore.
And if the S&P breaks above range, if the NASDAQ breaks above range,
if the NASDAQ 100 breaks above range, if the semiconductors break above range,
we got more to go.
Where she stops beats the hell out of me.
If you brought to me the thought process on valuations,
I'd say there's no way the market keep going higher.
Guess what?
It wants to keep going higher as of this second.
Notwithstanding some areas petering out.
What a change, huh?
And if you would have told me six months ago,
the Fed would be still raising rates.
I'd be laughing at you if you told me where the market was.
My exact words would probably be no freaking way,
but freaking way.
And we just watched the market and we try to stay in tune with it.
And I've told you, my, I've told you here my biggest mistakes, I made some good gains on a bunch of names and sold them too early because they had such big gains in three weeks, which is not the norm and it turned out to be because of how good the market is for a certain group of names.
And boom, if anything changes, we'll let you know.
Barish areas continue to be defense stocks, managed care stocks, drug stocks, I would consider them now bearish.
a lot of the consumer staples, few other areas, but overall, better.
Up next.
This, that, and the other thing, or whatever else.
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 Gambata.
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.
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 Condon?
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.
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, I have a stomach
ache every day.
Or I'm constantly feeling like gassy.
And all of those things are not something that generally, if you have a healthy gut,
you should be living with.
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 Seacrest 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.
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.
You're listening to.
What are we waiting for?
Well, what are you waiting for?
One, two, ready, go.
Action!
In the guest's edge.
with Gary Culper.
By the way, think about it.
Why can't these storage companies just tell you the truth?
It's a teaser rate.
It's a teaser rate.
Oh, well.
Start at 156.
I'm at 283 now, and I've had my storage there now for about 16 months.
So I'm up on what, 80, 90% in payments, and I'll be moving, and they lose my business.
And they're kind of, well, it doesn't matter.
Even if I said which company it is, it's not going to affect their business.
People need storage, and they have these places in certain locations where there's a lot of neighborhoods and people moving and this and that, and they know what they're doing.
Good on them.
I like good businesses.
Wish they would just be up front.
Dufuses.
Anyway, what else?
I've been studying artificial intelligence.
I told you I would be.
I've got to tell you a lot of things that I am studying and reading on,
a lot of the things they're doing have already been in place.
And I'm just wondering if a lot of it's over-marketing.
And I know it's going to be bigger going forward, but I'm just wondering.
and I've
used it a couple of times
and yeah, you can put
together, there's a lot of things that are going to be
able to be done.
Four words
remains
to be seen.
And I'm always wary.
I'm always wary
people that are in the industry
touting it a lot.
I'm always
wary about
that. And man, they are out in droves. We will highlight companies, leave no doubt,
NVIDIA's front and center. I'm still trying to figure out Supermicrosus, SMCI, what's going on there
with that. I think Adobe's a big part of it also, and there are a few others. But we've got to be
wary of just anybody. I'm seeing announcements. You can almost tell they're just making an
announcement AI to goose their stock. You can almost tell. And I bring that up because that's Wall
Street for you. In 1999, companies changed their name and put dot com at the end of their name to goose
their stocks. And you know what? That's what happened. Mutual fund companies changed their name.
The so-and-so technology fund to the internet fund. And then when the internet crashed,
they changed it back to technology fund. By the way, we're not making this up. Stay tuned.
we shall be on top of it.
But good day.
If semis break out again, it could be very tough to hurt the market.
There's still some bearish areas.
That said some new things starting to show up today.
That said, some of the areas may be petering out.
That said, that news on dominoes, remember what we tell you?
In bullish phases, any news can be good news.
trying to figure out what anybody smarter me in the restaurant business who knows why domino stock
would be up 11% on this news when really all you're doing is replacing a delivery guy for a delivery
guy or gal email me i want to hear from you i want to learn thank you i also have to mention
before we go i titled this u.n. chief and debt
Remember what we've told you.
The UN chief, by the way, the UN, that anti-Semitic, anti-Israel, anti-Jewish, I can't use the next word,
now is urging action to address crushing debt.
Half of our world is sinking into a development disaster fueled by a crushing debt crisis,
said the UN General Secretary, Secretary General Antonio Gutierrez.
He underscores the need for urgent action.
You ready for what he says?
To reform the global financial system.
Ladies and gentlemen, watch your wallets.
Remember what we've been telling you about this debt?
It's going to blow up.
And now they're talking about reforming the financial system was fine.
The financial system was fine.
until about 25 years ago the scum in D.C.
started inching away and they do it
100 million here, then a billion, then 5 billion, then 10 billion, then 50 billion.
Ooh, look what we got away with.
Let's go 100 billion.
Oh, let's look what got away with.
Let's do 500 billion.
Let's look what we got away with.
To the point now, there is no return.
We're to the point where, we're to the point.
the scummy people have now created the con that we're only screwed if we don't raise more debt.
They created the con.
Oh, well, it's already been spent.
And then I asked the question, well, why are you doing the spending if you know it's going to be all debt?
We have a government of con artists.
And now you have the UN talking about reforming the global.
financial system, which means more money out of our butts and into their hands.
We were warned by Thomas Jefferson. Go read his quotes hundreds of years ago. He warned us
about these people. And now we're in the soup. And now the head of the UN is talking about
the global financial system, which was just fine. Our capital.
system just fine. We're just fine. They're killing us. And it's worse by the day. But don't worry,
the market was up. And we'll keep watching. That all said, you all have a great evening drive
carefully. And when you get home to 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.
Tomorrow be on with Varney. Stuart Varney, the great Stuart Varney, 10 a.m. Fox Business
Network, check me out. I'll be handsome and buffed as ever. And until tomorrow's same time,
radio show. Peace out all. Make sure you hug your children. Bye-bye. Take care. See you.
This has been Investor's 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 GaryK.com. Success starts with your drive.
An American Public University is here to fuel it. With a
affordable tuition and over 200 flexible online programs.
APU helps you gain the skills and confidence to move forward.
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.
Learn more at APU.apus.edu.
Hey, it's Ryan Seacrest for Albertsons and Safeway.
It's stockup savings time now through March 31st.
for store-wide 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.
