Investor's Edge with Gary Kaltbaum - No Complaints Yet

Episode Date: July 12, 2023

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

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Starting point is 00:00:00 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.
Starting point is 00:00:28 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.
Starting point is 00:00:46 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
Starting point is 00:01:09 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.
Starting point is 00:01:30 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.
Starting point is 00:02:34 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
Starting point is 00:03:20 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.
Starting point is 00:03:44 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
Starting point is 00:04:22 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
Starting point is 00:05:14 $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,
Starting point is 00:05:41 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,
Starting point is 00:06:00 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
Starting point is 00:06:18 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.
Starting point is 00:06:40 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.
Starting point is 00:07:07 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!
Starting point is 00:07:36 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
Starting point is 00:08:03 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
Starting point is 00:08:18 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
Starting point is 00:08:30 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
Starting point is 00:08:46 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
Starting point is 00:09:05 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
Starting point is 00:09:24 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
Starting point is 00:09:52 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.
Starting point is 00:10:37 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.
Starting point is 00:11:11 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
Starting point is 00:11:56 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
Starting point is 00:12:52 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,
Starting point is 00:13:22 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.
Starting point is 00:13:47 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
Starting point is 00:14:08 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.
Starting point is 00:14:22 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
Starting point is 00:14:42 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.
Starting point is 00:15:08 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.
Starting point is 00:15:38 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.
Starting point is 00:16:00 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,
Starting point is 00:16:36 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
Starting point is 00:17:31 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
Starting point is 00:18:11 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.
Starting point is 00:19:01 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.
Starting point is 00:19:29 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.
Starting point is 00:19:59 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.
Starting point is 00:20:28 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.
Starting point is 00:20:52 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.
Starting point is 00:21:25 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.
Starting point is 00:21:57 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.
Starting point is 00:22:25 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.
Starting point is 00:22:56 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
Starting point is 00:23:15 156 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
Starting point is 00:23:31 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
Starting point is 00:23:55 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.
Starting point is 00:24:51 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.
Starting point is 00:25:23 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.
Starting point is 00:25:46 My cell phone is a mature technology at this point. How far are we from that point with quantum? By 2029, we'll build
Starting point is 00:25:54 the first fault tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM
Starting point is 00:26:02 is building the future of computing, visit IBM.com slash quantum. Hi, I'm Dr. Jay Goodman, host of Beyond the script,
Starting point is 00:26:16 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
Starting point is 00:26:49 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.
Starting point is 00:27:25 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.
Starting point is 00:27:50 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.
Starting point is 00:28:09 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.
Starting point is 00:28:55 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?
Starting point is 00:29:19 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%.
Starting point is 00:29:41 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.
Starting point is 00:30:43 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.
Starting point is 00:31:11 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?
Starting point is 00:31:38 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.
Starting point is 00:32:03 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,
Starting point is 00:32:38 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
Starting point is 00:33:17 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.
Starting point is 00:34:20 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.
Starting point is 00:34:58 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.
Starting point is 00:35:20 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.
Starting point is 00:35:43 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.
Starting point is 00:36:18 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.
Starting point is 00:36:48 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.
Starting point is 00:37:16 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.
Starting point is 00:37:40 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.
Starting point is 00:38:29 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.
Starting point is 00:39:17 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.
Starting point is 00:39:47 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.
Starting point is 00:40:14 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.
Starting point is 00:40:52 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.
Starting point is 00:41:11 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.
Starting point is 00:41:43 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.
Starting point is 00:42:11 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?
Starting point is 00:42:43 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.
Starting point is 00:43:18 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.
Starting point is 00:43:55 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
Starting point is 00:44:27 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.
Starting point is 00:44:50 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
Starting point is 00:45:41 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.
Starting point is 00:46:16 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.
Starting point is 00:47:04 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.
Starting point is 00:47:49 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.
Starting point is 00:48:23 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.
Starting point is 00:48:48 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.
Starting point is 00:49:34 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
Starting point is 00:50:23 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.
Starting point is 00:50:59 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
Starting point is 00:51:26 and go pick up or delivery. Restrictions apply. See website for full terms and conditions.

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