Investor's Edge with Gary Kaltbaum - Nvidia After Hours

Episode Date: May 24, 2023

Follow Gary on GaryK.com or http://garykaltbaum.com...

Transcript
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Starting point is 00:00:32 Visit turbotax.com. Only available with TurboTax full service experts. Real-time updates only on iOS mobile app. Investor's Edge with Gary Cultbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Kalbom, your host.
Starting point is 00:00:54 A thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. it's May 24th. 2003, I believe it's Wednesday. That is correct. Hope you're having a good day. Lots to cover. We are pre-taping the show about 15 minutes before the close of the market,
Starting point is 00:01:10 so we'll take you to the close. And I think Nvidia reports after the close also, not sure when it'll come out. Maybe we'll have that for you also. But first, if you do not get this show in your city, this radio show in your city, we'll post it at garyk.com. We'll also post it on our Twitter feed.
Starting point is 00:01:26 If you don't follow me on Twitter, just go to Twitter, put my name in, or press the button at garyk.com. And at garyk.com, you can email me, just be nice. It's not hard, right? I'm nice. I swear. Ladies and gentlemen, a few things before we get going. It's the one-year anniversary of Yuvalde. I can't use the word to describe the person, the animal.
Starting point is 00:01:58 who did this, but a bunch of innocent children teachers were murdered in cold blood for no reason whatsoever. We think of them today. You know, we started saying at the end of this show, this is true, go home and hug your children. You know when we started doing that on the show? And that's how long we've had this show. April 20th, 1999, the Columbine Day. At the end of the show, I basically lost it and said, go home and hug your children. And every day since we've said it, I get more, when people come up to me, whether it be in airports or anywhere else, hey, I know you from TV, but you know what I get from nine out of ten? Love what you say at the end of the show.
Starting point is 00:02:51 And I do hug my children. Anyway, we think of them today. I do want you to remember on the side of what you're hearing. We want you to remember that the people that keep yapping away, about guns, this, that, the other thing. In the 90s, they did an assault weapon ban and they blame
Starting point is 00:03:19 their major loss in Washington, D.C. on that, and that's why you've never seen it happen again, even though they flap their gums every time something like this happens. I want you to remember that. You know,
Starting point is 00:03:34 I'm Second Amendment guy, but I think we can definitely be much tougher. on background checks, for starters. The hell's the matter with that. And some other things that we can do. Just some logical, I'm Mr. Logic. Anyway, we think of these families.
Starting point is 00:04:03 You know, my wife this morning is driving up with my dog Winston to North Carolina. And I am meeting her soon. one of my goddaughters is important graduation. And all I know is every 30 minutes, I'm on my phone, on the Find My Phone app to make sure of where she is. That's what we all think about our families. I can't imagine losing a child. I can't imagine.
Starting point is 00:04:43 And what these parents must be going through. for the rest of their lives. I can't even imagine it. I don't know what I would do. I took one of my sons out of public school because these two kids were bullying the hell out of them and one did one of these things where they kneel behind you and you get pushed over.
Starting point is 00:05:17 They broke his arm. And I went to the principal and the principal didn't give a crap. It was like, you know, come on, kids will be kids. My kid had a broken arm. And I just said, screw you, and I put them in private school. Principal didn't care less. But, you know, this is how we feel about our kids. And I just very tough on a day like today.
Starting point is 00:05:44 So before we even end the show, you make sure you do some hugging of your children as much as possible. next so those that know moa i am yes genesis and rush my three by far favorite groups music but of course in there and around there are zeppelin the stones Queen, the Beatles, Eagles, Who, Springsteen, Billy Joel, Fleetwood Mac, Tom Petty, and there's some sundry others. You may not know this, but Tina Turner, who passed away today in Switzerland, she was big time.
Starting point is 00:07:10 You know, she was with her husband, Ike, and you can go read about that. story, but when she went on her own, I can't begin to tell you how monstrous she became a magnificent musical talent. Passed away, I believe 83, after a illness that she's had for a while in Switzerland, not a bad place to live. By the way, if you've never been to Switzerland, do it once. Get in a car or go on the train and just I did the car and just drove a lot of magnificent country. Anyway, may she rest in peace? A gargantuan talent. Gargantuan.
Starting point is 00:08:00 And by the way, I may have missed one of my great bands and musicians that I love. There are others too. But really, the top three are gargantuan. And really not in that order. I think Rush has passed genesis and yes for me. Rush to me is like, you know, anyway. That's how we start the show today with a little bit of morbid and make sure you hug your children. Make sure you teach your children.
Starting point is 00:08:42 Make sure you spend time with them. Make sure you mentor them. Make sure you let them know about. striving, reaching for the stars, not for the sidewalk, like what some of these school districts are doing now, the sheer insanity of some of it. All right, we're taking in the other, it's about 3.52 p.m. Eastern time, as I said, I do have a little event to go to them, and I can't really mention what it is. I'll mention it tomorrow. And that is that, the markets. Well, we got the debt ceiling thing still going on. Remember
Starting point is 00:09:25 what our belief is. This is again. I think it's a pretty decent guess. They're just positioning. Something's going to get done. The problem is, no matter what, federal spending is going to be $6.8 trillion in the coming year, up from $4.4 trillion from 2019, and put this in your pipe and smoke it.
Starting point is 00:09:48 Of that $2.4 trillion hike from 19, in between is the COVID years. Two trillion of his debt. They don't have the money. And this whole con about deficit, the debt ceiling has to be raised because the money's already been spent. Well, why the hell they're spending all this money when they know they don't have it? Has anybody asked that simple question? No, they have not.
Starting point is 00:10:14 Nope, why would they do that? It's a simple logical question, right? Why would they do that? There are other excuses, well, you know, it's all entitlements now. Well, why haven't they done anything about the entitlements? Why? Because what do they do? They scared the living hell out of you.
Starting point is 00:10:31 Oh, they're coming after your Social Security and your medic. They screwed the whole thing up. The most horrible government program of all time. They convinced you that it's the greatest thing on earth when you take your money out and hand it over to the government and they decide what year and how much they dole out to you instead of it being your money. Think about that great, great, great marketing and great con. Think about it. That if there was never Social Security, but all they did was that money comes out and goes into an account and you just bought 10-year bonds.
Starting point is 00:11:04 Not even the stock market. It'd be in your name and you have 10 times more money than they say you have. And it's in your control. What a concept. Up next, market wrap, movers of the day and all that. I'm Gary. This is the one only Investors Edge. Hi, I'm Gary Kalbaum.
Starting point is 00:11:41 Hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy.
Starting point is 00:12:13 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 888-4-2-5-59. That's 8-8-8-5-59. That's 888-4-22-55-59. Investment Advisory Services offered through call-bomb capital management. Hi, I'm Dr. Jake Goodman, host of Beyond the Script. 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.
Starting point is 00:13:06 A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomach 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.
Starting point is 00:13:30 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. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation,
Starting point is 00:14:02 temporary dim or dark vision, headaches and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this is your. promises to be fun. Investors Edge.
Starting point is 00:14:21 The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. And welcome once again to Investors Edge. By the way, since I'm in the mood, I feel like the Social Security, just remember what they did. They took the money out of your paycheck with the promise that at a certain age you get to take money out for your retirement.
Starting point is 00:14:55 They said, I don't know if you remember years ago, this is what they said. Don't worry, your money's in a lockbox. Nobody can touch it. But they took it all. And the only way you get paid right now is from workers today. A Ponzi scheme. That's the definition of a Ponzi scheme, getting paid by somebody else. And go and go and go.
Starting point is 00:15:17 And they're blaming Social Security and Medicare and Medicaid on the deficits, entitlements. But they do nothing to fix it. They've tried through the years, but really have not. not got to the core of it as the aging of America and new medicine and the ability to live longer lives. But it is a known fact if they never did Social Security. And instead, that same amount of money was taken out of your check but put in your account, your name, that you can't touch and just bought 10-year bonds. Government never would have had their greasy, grimy, slimy hands on it. We wouldn't have the debt and deficits like they have. And you'd be in control. It'd be
Starting point is 00:16:09 in your name. And you can still, we could have had the restrictions. Hey, here's the money. It's there. You got this amount of money, but you can only take this amount each month. But no, we need control. That's why they hate. And by the way, that's why they, just so you know a few years ago, A couple of Marxists, you know who they are, floated a trial balloon about our retirement accounts that we have in our names now. They floated the trial balloon about that. Oh, we're going to handle it. It lasted 45 seconds before they were getting kicked in the grapefruits for that BS. Right after George Bush, the second.
Starting point is 00:17:01 won his re-election. I was invited to the White House with other radio shows. They wanted me to interview people from the administration because what they were going to try and do is address Social Security. How can we change it up a little bit to the point where it lasts forever? And we stopped stealing the money. And by the way, steel is a proper word for this. We went there.
Starting point is 00:17:31 I interviewed Carl Rove, the Treasury Secretary, I believe was John Snow, Don Evans, I believe he was labor, maybe. No, that was Elaine Chow. Don Evans, Mitch Daniels, I interviewed all of them. And the goal was, you know, we got to get a hold of this because it's a, you know, it's a poisonous snake that years from now, it's going to be trouble. And we did the interviews. Within a week, I got a call from my contact from the White House. Just letting you know we dropped it. What happened?
Starting point is 00:18:14 And I knew what he was going to say. Quote, unquote, the amount of political blowback they got, you would not believe. So they dropped it. And that was the end of that. So now they blame entitlements for all the debt and deficits. But they do nothing about it. And if you dare even bring it up, oh, you're going after the elderly. You go, oh, you hate people.
Starting point is 00:18:41 Scare tactics. So what you have is this vicious cycle of corrupt politicians. It's a vicious cycle. And again, you people getting your Social Security right now, you're not getting your money. You're getting workers' money from today. It's a fact. Go look up the word. what happened to the lockbox of Social Security.
Starting point is 00:19:08 Go Google it. And as a politician, try even saying, do you know they're running ads right now on it? Even Trump is running ads on DeSantis. Because DeSantis years ago saying we need to talk about this. And Trump's even going after them for that. So that's the Social Security story. And I can go on and on. Anyway, with 32 trillion of debt, we're going to 50, we're going to 75, we're going 100 throughout the years.
Starting point is 00:19:50 It will blow up. I don't know when. I don't know what point. I would have thought by now it would have. In what way, I don't know. We'll be ready if I'm alive. It's just nightmarish. And of course, as I've stated, the president's out saying what a wonderful job, he's doing on spending and deficits.
Starting point is 00:20:07 And he's breaking every track record by not miles, but by. planets. Okay. So as we head towards the debt ceiling, we do not know if the markets are reacting to debt ceiling or no debt ceiling or whatever. All we know is what's before our eyes. That's it. That's all we know. And before this debt ceiling stuff became front and center, we have been telling you about all these areas that are plain old bearish way in advance and we can tell you that they're not turning bullish and some areas are worsening and maybe it's cause and effect i don't know we're just let you know earlier today we did and we do this maybe twice a week
Starting point is 00:21:17 now are what's not working webcast and what we tell people we have some funds that are on our little consulting membership thing we do and they pretty much have to be fully invested so what we do is this thing called if you have to be fully invested you may want to avoid these areas and all we can tell you the continuation of retail Even though today Abercrombie and Fitch and Urban Outfitters both gapped up today on their numbers. And I was thinking maybe that would help others in the area. It did not. Commodities. Just getting smoked. And worsening. A lot of the transports.
Starting point is 00:22:16 And some of this is on a relative basis versus, but these things are in downtrends differing levels. The hotels and casinos and airlines just been topping out from lower levels just recently. Managed care. Defense stocks, even with a war going on. GM and Ford, the payroll companies like ADP and paychecks. And up next, we'll do some other these areas, just letting you know. and then we'll get into what is. This is the one only investor's edge.
Starting point is 00:23:15 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.
Starting point is 00:23:38 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.
Starting point is 00:23:58 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 Eye Heart Radio. Listen now wherever you get your podcasts. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours.
Starting point is 00:24:31 The most common side effects that may be experienced while using Viz include eye irritation, temporary dim or dark vision, headaches, and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say.
Starting point is 00:24:56 And she replies with a low... Shh. Listen. So we sat there. Listening. That was the first time I learned that quiet, can feel full. Hershey's.
Starting point is 00:25:08 It's your happy place. You'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.
Starting point is 00:25:26 It comes highly recommended. You're going to feel better if you talk to him. By the way, Ron DeSantis, Governor Florida, did sign off to run for the presidency of this United States. He's doing a on Twitter tonight.
Starting point is 00:25:55 I forgot what it's called. Twitter something or other. And by the way, I've heard some radio shows are going to kind of go live on Twitter. I'm going to look into that also about doing this. I don't know how that would work. But we're always looking for it
Starting point is 00:26:10 in addition to what we do already. So back where I was, the financials. Well, the regional banks crashed. They were crashed. It's a crash. I don't care what anybody else tells you. Other financials, not a crash, but a big drops.
Starting point is 00:26:29 And they've bounced a little bit here and there, but nothing special. As we said yesterday, we felt like, about 10 trading days ago, it felt like the sellers had, you know, taken a powder. So they've rallied up a little bit, but nothing special. They got smacked today a little bit today. And they're going to go back and forth, and I don't know what to tell you from that. but the financials. The semiconductors have definitely been better, but I can tell you a bunch of the semiconductors act terribly.
Starting point is 00:27:03 The economically sensitive areas. And the one I always look at is URI is the symbol. That kind of sticks out as a little, I don't know if you call it a proxy, but United Rentals, I follow closely. In case you don't know, industrial equipment rentals, you can go look up their website, United Rentals.com and what they do.
Starting point is 00:27:23 insurance stocks. Recently, they topped out the consumer staples that we were telling you for weeks. Boy, they have good relative strength. Not 100% sure, but we've had some topping action in some of the housing names. Not the end of the world. Energy stocks, though a little bit better in the last week, they're certainly not bullish. We counted 20 of the 30 Dow stocks today in the little webcast we did early in the day. well not so early but in the afternoon 20 out of the 30 in downtrends slash bear markets
Starting point is 00:28:04 and of the 10 that are not i'd say six of the 10 are just okay caterpillar dears those guys too they just topped out the auto part retail at least the auto zone they did gold and silver just top for now i don't think it's top for good But for now, and even though a bunch of these software types, even though a bunch of these software types that have done pretty darn well off the lows, but are still down 50, 60% from the 2021 highs, there's still plenty of them that, uh-uh. And of course, as I read to you every day,
Starting point is 00:29:30 the New Yearly High List versus Low List, it's stunning. So just letting you know, we'll keep talking what be working, that narrow list of stuff. And that's all well and good. But man, oh man, there's just a bunch of areas of the market that just remain in what we call yuckland. And as always, if anything changes, we will let you know. We would love to come on here and talk about how the broad market. is getting going these areas i got to tell you the commodity space worsened today some relative lows
Starting point is 00:30:28 in there which has you thinking about oh the economy we'll see we'll see just so you know we think our greatest edge is never owning bare market trends because we know what they look like. They know how we know how they act. Simple as that. And there remains. And we're talking differing levels here a ton. So just keep that in mind. And again, very important words.
Starting point is 00:31:19 If things change, we will let you know. we guarantee you one day things will change and areas that we tell you right now yuck we'll get better areas we tell you hey are leading we'll get worse that's the nature of markets ever changing fluidity our job is to stay in touch with it simple as that and then close our eyes hold our nose and pray okay never mind we've tried doing that and it does not work and of course you get into markets that are a pain in the rear and those are the ones that are back in and filling and back and filling and back and filling and back and back and and and filling and driving you up a wall and again where i'm able to say to you hey just letting you know like 70% of the market still looks like crap oh but by the way here's some areas that are working we'll keep you informed and then there's the
Starting point is 00:32:39 debt ceiling. And I am 100% certain that a deal will get done. And I'm 100% certain we will not default. And I'm 100% certain that Janet Yellen is BSing you into thinking June 1st. Look out below. Just remember, these people are experts, are scaring the hell out of you. They're experts at it. They're even true. They think they've convinced the masses that they can control the weather. By going green. Yeah, sure.
Starting point is 00:33:29 You can change the weather. Yeah, sure. Right. Yeah, that's the ticket. But they believe it. And amazingly, they get away with it because, unfortunately, the tank. the tank will believe their side no matter what is said to them and that is from each side
Starting point is 00:33:52 too many are in the tank unfortunately I left the tank I was never really in the tank but whatever tank I was in left it a long time ago I think it started with the compassionate conservative of Bush and then of course
Starting point is 00:34:22 worse worsened and worsened from there. And that's that. So that's a little bit of just letting you know a lot of the market crappy. Small caps still not the place to be versus the big caps. The Russell 2000 laid in with the regional banks.
Starting point is 00:34:51 Regional banks a little bit better recently, so the Russell's up a little bit recently. I'm letting you know personally, I haven't spent a dime. I haven't even tried trading them. And I will tell you, some of them have become trading vehicles. There's been some darn good moves off of some of these bombed out names. I don't have the grapefruits.
Starting point is 00:35:20 What is that, Pack West? Man, oh man, went from four bucks to $8.50 in six days. I'm not smart enough. Wish I was. Up next, that's 4.15 p.m. markets close. We'll give you the numbers. I'm Gary. This is the one only investor's edge. 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.
Starting point is 00:36:27 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 except 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 ache every day. Or I'm constantly feeling like gassy.
Starting point is 00:36:55 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
Starting point is 00:37:16 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. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dim or dark vision, headaches and eye. Redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com.
Starting point is 00:37:42 One sweet, melty bite of a Hershey's bar and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say. And she replies with a low, listen. So we sat there, listening. That was the first time I learned that quiet. can feel full. Hershey's. It's your happy place. You're listening to.
Starting point is 00:38:16 What are we waiting for? Well, what are you waiting for? One, two, ready, go. Ingestors Edge with Gary Culper. And walk once again to Investor's Edge. Just so you know, we get a lot of emails asking us what we think of this stock and that stock. And we never give buy recommendations or sell recommendations.
Starting point is 00:38:48 We'll tell people what we think. Oh, technically, this, that, this, that. Oh, by the way, they lose a ton of money, this, that, this, that, and you decide. The top three stocks we get asked about right now, Palantir, PLTR, Upstart, UPST, and of course the reason why, upstart just went from 12 to 26 in like three weeks. it hit a high of 401, October of 21. I guess they announced, I mean, their sales are way down, they're losing money, but I guess maybe things getting better.
Starting point is 00:39:29 The third one is snowflake. And arguably, the number one stock I get asked about is snowflake. Just let you know it's down $22 bucks in the aftermarket on earnings. They usually lose money. I have yet to look at the numbers. I'll do that later. I think their expectation maybe was to make some money this time. I'm not sure.
Starting point is 00:39:53 I think their estimates would have made five cents or something like that. I thought I saw that the other day. Anyway, and of course that can change. NVIDIA still is not reported. It's 417. Maybe they'll report soon. The market wrap is brought to you by, Investment-Dashmodels.com.
Starting point is 00:40:12 That's Jim Roerback. one of the great market timers. No gray areas with the man you're either in or out of the market with his proprietary indicators. Go check it out. Investment dash models.com. Dow down 255. The S&P down 30, NASDAQ 76, NASDAQ 16, NASDAQ 168, transports 211. Advanced declines were putrid, up-down volume, putrid, new highs.
Starting point is 00:40:40 I'm showing 10 on the New York. and 101 new lows, 35 on the NASDAQ and 109 new lows. I can tell you of that 10, I'm sure there's a few that are not at new highs, meaning they're non-operating companies, and the same with the NASDAQ that's probably SPAC, so really not a lot there. But I have to say this. I know the NASDAQ was down 76, and the NASDAQ 100 was down 68 today.
Starting point is 00:41:09 Really impressed with some of the action there. Palo Alto Networks today, P-A-N-W, software security was up 1390 today. And that helps some of those names again today. Some of these software names that have been destroyed from 21. Definite better bid, whether or not at last I don't know. But that most definitely is going on. And I was more than impressed today, even though it was down pretty decently.
Starting point is 00:41:41 It was much worse earlier. Good comeback. And I will tell you, I came in today thinking, the NASDAQ NASDAQ 100 can be getting in real trouble. In trouble. It still may be. I was really impressed with it today. Not everything, but a decent amount of them.
Starting point is 00:42:09 In the news, I just want to let you know Netflix is now going to charge people. No more sharing if you're not in the same household. So Netflix stock is definitely acting better. had a real good move the other day pulled back and another good day that they really setting up well don't know if it's going to break out or not but just let you know that's one of the names
Starting point is 00:42:30 that's on our watch list we're not impressed with their growth anymore because they're much more mature but I guess if you're going to be able to charge seven or eight bucks and I can promise you there's been a ton of sharing leave no doubt there's been a monstrous amount of sharing
Starting point is 00:42:49 a gargantuan amount of sharing. A bazillion, bazillion amounts of sharing. Tens of millions of sharing. Leave no doubt about that. I don't have Nvidia's numbers, but I do have it up $20 in the aftermarket as of the second. Make that $18.
Starting point is 00:43:25 It just moved $2.00. Make that $19. It's all over the map. Good reaction to earnings on an extended stock. If I see the earnings before we go off the year, I will let you know. But very good reaction. And in the aftermarket, yeah, you got a good move in the NASDAQ 100. Not bad.
Starting point is 00:43:51 Thus, technology. I wish they'd show the earnings. I don't see it just yet. How about $26 bucks in the aftermarket? Keep in mind, it's only about 7%. That's a good 7%. Make that $30 in the after market. market. Very good move in Nvidia. Strong. So that leads us into tomorrow with a good reaction on one name.
Starting point is 00:44:26 And I'm seeing the NASDAQ light up like a little pinball machine in the after market here. Whether or not it stays, don't know. But you got that going for you as we head into tomorrow's trading. And of course, that can change. Remember, you got the report and then you have the conference call. But damn, good. move. Still don't see the earnings yet. Darn it. Wish I'd have it for you. Anyway, that all said, the tape is just going to remain as narrow as narrow can be. As narrow, as narrow can be. You better be in the right places. Because if you're not, you're not just underperforming. It's a stiff penalty. It's quite the stiff penalty. And we're listing those areas for you each and every day now.
Starting point is 00:45:36 And we hope you've been listening. And may I state for the record, it is stunningly narrow. But for tomorrow, could have another one of those narrow days. You have a good evening drive carefully. When you get home to like we do, it's quite simple. Make sure you hug your family. Make sure you hug your children. They will feel better.
Starting point is 00:46:04 You will feel better. Thomas. Tomorrow will be on with Varnie, Stuart Varnie, the brilliant Stuart Varnie, 11 a.m. hour on Fox Business Network. Until tomorrow, same time here. Take care, everybody. Have a great night. Bye, bye. This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day.
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