Investor's Edge with Gary Kaltbaum - PERSISTENCE [09.19.2025]

Episode Date: September 19, 2025

https://garykaltbaum.com/garyk-radio/

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 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 Coltbaum, your host day.

Thanks of being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It's Friday. It's the 19th of September, 2025. Hope you having a good day. as always, we have plenty to talk about when it comes to you and everything that affects you. We will talk markets. We will talk economy.

We will talk your job. We will talk your industry. We'll talk them, you know, the Morlocks in D.C. And much more. hope you have a good weekend I'm up in the northeast taking care of some affairs if you do not get this radio show in your city we'll post it at gary k.com we'll also post it on our

x feed and if you don't follow us on x put my name in it will take you to our x feed we'll also post it on the podcast apps you can also see it at the biz TV YouTube channel and let me state again. If we are not in your city,

GaryK.com. Simple is that. And of course, if you'd like to email me, just be nice. So we're getting lots of questions on the market and the central bank, the central bank in the markets, and the fact that interest rates

have actually gone up on the long end. A few things. First, let's start out by saying at the end of the day today, I think there was some rebalancing and you had some wild moves at the close today in some big names today. Microsoft had a big move.

Oracle had a big move. Robin Hood had a big move. And we say big. You can go look at the last five minutes and you'll see what we're talking about. a few things are starting to show itself. And as we tell you, if you can avoid the bad, forget the good. If you can avoid the bare markets, the bare trends, the downtrends,

if you can just avoid those at all times, you're going to be a way ahead of the game. And then the second part, finding the really good uptrends. So first off, at the close today, Dow up 172. And if I get my bearings correct, I can tell you what made the moves in the Dow today. It's about to show up for a change. Amgen, a very weak down name, up nine in change. very weak biotech Microsoft up nine in change that was one of those movers we were telling you about at the end of the day just popped up like five points for a Microsoft in the last few minutes

and I think there was rebalancing at around three yeah it went from 512 to 518 in one minute and I'm not making it up Apple up seven and change So we're going to make a little statement here on a couple of things. And as you know, we're not going to tell you to buy, sell, short, or cover. But we're letting you know big name Microsoft. Oh, by the way, I believe it was Triple Witching that did it also. Microsoft, Big name. heavy volume because of the options expiration very good pivot above the 50 day moving average at the close today

you may want to look at that that would be number one number two Oracle had that huge gap to the upside at around 340 something closed at 3.30 and dropped down to 290. It just was too big of a gap to the upside. We're letting you know so far that 290 to 300 showing some real good support. and of course at the end of today got some juice off of the triple witching Apple you haven't heard me mention that

Apple up 760 today heavy volume it was heavy volume before the triple witching we're letting you know it broke above the last few weeks resistance we think there's a good chance well this isn't saying much

it closed the 245 and change 250 was the high in February the old high 260 pretty sure we're going to see 250 unless the market craps out which really

the market doesn't have that in mind and maybe that 260 we just mentioned Apple and Microsoft two of the top five big influencers out there, oracles on the

NYSC, but also so an important name in technology. Let's continue. Tesla, another top name. Got an upgrade today, which we couldn't give a crap about. Again, Tesla broke above 368 on Monday out of about 14, 15 week range, 4266. at the close today. Now dealing with lots of resistance going back to January, even December. Probably going to rest a little bit in here, but looks pretty darn good for higher prices on their crappy numbers. Tesla, a top seven name. Catching my drift a little bit here?

I just mentioned Apple, Tesla, and Microsoft. Three of the top seven. Apple's number two. I believe Microsoft's number three. NVIDIA. Not much I can say there. Rangebound, hanging on the 50 day. Didn't too much today, but certainly ain't hurting anything.

And that would be the number one influence right now. Not done. Meta was actually down 10 today at one time. Finished down a buck 87.

That also got juiced into the close. And if meta can break above the 796 high of August, another leg up, especially if it breaks above

the big $800 number and as you know we are big believers in big numbers and there's meta another top seven name Amazon don't have much to say on Amazon right now have to wait for earnings last earnings report the stock gap down but is held up very very well and I can tell you a move above Let's see if I can give you a decent number on Amazon. 239. And that gets going. Close at 231.

As long as it stays above the 50-day moving average has a chance if it breaks below another story. Netflix. Top 10 name. Nothing. Rangebound. Not a good reaction to earnings recently. Drifting.

But. Just back a little bit above the 50-day moving average. A move above 1267 will have us talking. But just range-bound right now. Have you noticed anything that I've not mentioned so far? Let's go to Google. New High today. I got to tell you what stopped me from getting Google on the gap recently

was it was because of a Justice Department thing that I didn't think was a big deal about not breaking up. It was 2.30 that day. It's 254 today. That's two and a half weeks up almost 10%. We missed that. We just gave you out the top big influential names. And what didn't I say?

That'll be up next. On this, the one only Investors Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all

individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-2-5-59. That's 8-8-5-5-9. That's 888-4-5-9. 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 M. Bata. 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? 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. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times a point. 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. On-deck is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, OnDEC's loans up to $400,000 make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews,

OnDec delivers funding you can count on. Apply in minutes at on-deck.com. Depending on certain loan attributes, your business loan may be issued by On-Dec or Celtic Bank. On-Dec does not lend in North Dakota all loans and amounts subject to lender approval. 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. edge the last bastion of quality programming with Gary called bomb it doesn't get better than this

okay what didn't I say about these very important influential names not one name is in a bear market downtrend bearish phase and of course what does that mean the QQQ Q Q another new high today at the close. The top seven names are 64% of the NASDAQ 100. I just gave you out the top seven names. And now Apple may be joining in, which is number two,

maybe three. So just letting you know, when things change, if things change, will be on you. If things change, when things change, change will be on you but good finish today Russell 2000 was on the little

weak side today and why is that my stuff page wasn't good today interest rates ticked up again today not affecting these other areas housing not acting well spastic is retail where we mean by that retail's gone from great days to crappy days to great days to crappy days to great days to crappy days and I got to tell you the outcome there's only a few retail stocks that actually look good to me there's a few strong there's a bunch week we've mentioned to you that we're not thrilled with the travel related little roughed up again today and I'd be wary of that we have told you about the restaurants Another bad day for the restaurants.

Darden down another eight bucks today after gaping down yesterday. We want you as far away from the restaurant stocks as possible. Does that mean the economy? Probably. Here's a little story. Yesterday flew out of Orlando International Airport. For lack of a better word, it was quiet. It got a little crowded in the little Delta wing,

but that's only because one of the flights was four hours delayed. In the Delta lounge, maybe 30 to 40% of normal. Landing in LaGuardia, kind of quiet. We asked the people at the taxis, they said very quiet. ain't that interesting just pointing a few things out because hmm the cruise lines weaker some of the airlines weaker retail not that good housing stocks getting hit will keep you advised by the way in housing in central Florida in central Florida fantasy land prices are very much coming down as houses are staying on the market for much longer and sellers having

no choice if they want to lose their house must lower prices I was looking at a house that recently went up for sale for one point Not for me, but we just watch. Within 30 days, 1.59. And we think that is the shape of things to come in many areas. And it is an outcome. Listen carefully. I'm just fantasy.

We're seeing people put up houses for a million that were 450 in 21. they're going to have to get very lucky. Do I see a housing disaster? No. But we'll let you know. We think some areas, go read about Vegas. Oh, by the way, go read about visiting Vegas. They went too far.

The $30 coffee and breakfast sandwich is just not. going to work. So I believe traffic is down, I think what I read 12%, which is by the way is a lot. So again, we'll keep you informed. We think something's up on the economy. Does that mean the market's going to get bruised? It certainly has not as of yet. And of course it certainly means easier money. It certainly means the Fed will lower rates even more. And And the markets love that. And as I have said to you, unless we have a real troublesome, troublesome drop in the economy, I think we're okay. And you know what I mean by troublesome.

Something of note. We'll stay on it. We have an idea what to watch. We're already given you some clues. and you're already seeing it in the job market. We think some of the reasoning are the higher taxes? Yes, tariffs. And just the business cycle, that's our take.

If you have any input, you'd like to email me on your industry, your job, your city that you see, that's standing out, email. me at garykhae.com G colpom at callbomb.net. We absolutely positively would like to know what's up. And by the way, we get a lot of good information from the peeps out there across the country. We get emails from across the world and hear from them on what's going on over there. I can tell you what's happening in London right now. So stay tuned on that. Up next, this, that, and the other thing and whatever else. This is the one only investor's edge. Hello, I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with

IBM's chairman and CEO, Arvin Krishna. And I asked him, how can companies use AI to its fullest potential to create smarter business? My one advice to that. Pick areas you can scale. Don't pick the shiny little toys on the side. For example, If anybody has more than 10% of what they had for customer service 10 years ago, they're already five years behind. If anybody is not using AI to make their developers who write software 30% more productive today,

with the goal of being 70% more productive, Yeah. Wow. So we are not asking our clients to be the first experiment on it. We say you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process, because the biggest change is not technology. It's getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks.

Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stock up savings time now through March 30. First, 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, ORAIDA, 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. On-deck is built to back small businesses like yours. Whether your buying,

buying equipment, expanding your team, or bridging cash flow gaps. OnDEC's loans up to $400,000 help make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews. OnDec delivers funding you can count on. Apply in minutes at on-deck.com. Depending on certain loan attributes, your business loan may be issued by On-Dec or Celtic Bank. On-Dec does not lend in North Dakota. All loans and amount subject to lender approval.

You are listening to. America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Coltbaum. It comes highly recommended.

You're going to feel better if you talk to him. And what once again to Investors Edge. So on General Hospital, many months ago, Monica Corman in real life, Leslie Charleston passed away. they finally are putting it into the storyline. I have to tell you, I have to tell you that I have been watching General Hospital since the late 70s. When I was in college, my roommate was selling,

this is when General Hospital was the hot as can be, Luke and Laura. We would sell sweatshirts and shirts and it used to just say on the, I'd rather be watching General Hospital and it was so hot we would sell out within minutes. And I must tell you, this may sound crazy since I've been watching so long, I'm really feeling the death

of these people I have never met that are just actors. Does that make any sense? I was very upset in the last two days watching. well, died in real life. People I have watched, think about that. Wow, 78, almost 40-some-odd years. I know. Don't tell me you don't either.

You can stop. It's just like the people that used to make fun of professional wrestling. Don't make fun of professional wrestling anymore. So stop. Anyway, that really affected me. really affected me. And I got to tell you, the other part of it, almost every day I'm hearing about a death of people I used to watch in sports.

The other day, a Dallas cowboy passed away. I don't want to need to mention names, but the famous defensive player. And it's like, wow, all this time. And as I have to tell you, I feel like I've lost a decade. I feel like I'm missing a decade. If you recall, we used to do shows from my sons here on this show, on their birthdays, and people used to call in, bands used to be calling,

whoever would sing the best happy birthday would get prizes. And I mean, my kids were, 10? Well, Aaron, who was born in 91, is to be 34 this year. Eric's going to be 30. Excuse me, Aaron was already 34. Eric's 30.

I think we started with about the year 2000. Yeah, when Eric was 10. We used to do these shows. And again, I feel like I'm missing a decade. It's just like it has passed. And now with my parents gone, it just, I'm experienced, I guess, what everybody else is experienced in life. I'm no different than anybody else.

But I'm here to just tell you, man, I think life is one big, gigantic adjustment to life. as it moves forward. That's what I think it is. It's one big gigantic adjustment to everything that occurs. I don't mean to be, you know, but I'm just thinking about that today. Because as the market was closing,

I was watching General Hospital. It's on in the last hour of the market. And I was actually feeling down and depressed over somebody I've never. met but I've been watching the storylines forever. Does that make any sense? I'm pretty sure you all agree. Daup 172 S&P 32, NASDAQ 160, NASDAQ 171. As I said, the Russell was a little bit weak. Bitcoin and Ethereum, hmm, not acting that great. Gold. Gold miners, just a monster move today. Gold was up another 1%, but the gold miners were up 5%. This is revenge of the gold miners

that have been totally underperforming the metal for a very long time. And by the way, the GDX has blown past the old highs of 2011. I think the GDX came out in 2006. That's That's the gold miners. The juniors are not back to the highs yet. Not even close, actually. Those are the more speculative names, and a lot of them went down to a dollar. But I got to tell you, we own gold, we don't own enough. That 18-week breakout, we bought, but man, we should have bought the miners to, and we did not. We told everybody to buy the miners. We did not. I'm happy with everything. else we bought, but dang, little did we know that in a short period of time, the miners would

play huge catch-up to the market. And by the way, don't think for a second, we're not thinking about that. I don't know if it's the greatest thing longer term. That gold is skyrocketing. Not so sure that's good news. But right now, Market acting good. Market acting fine. In news today, well, I got a few things. Number one, in the news, Social Security retirement age could jump as White House considers options. A potential increase to the retirement age is under consideration by the Trump administration.

The move is being discussed in part that keeps Social Security from. reaching insolvency remember what we told you the government screwed up it's a terrible Ponzi scheme and they never prepared for higher life expectancy because of great drug advancements and just way of life whether or not they do it or not I don't know it is partially due to the number workers to retirees get this in 1950 there were 16.5 workers per retiree now this 2.8 as of 2013 why does that matter because the Ponzi scheme ends if you don't have enough workers remember they stole your money the money that

was taken out of your paycheck to go towards Social Security for yourself It's gone. It's all IOUs. That's why they added to our debt every year. You know how they say, well, most of its entitlements, including Medicare, Medicaid, and Social Security, but we thought we put our own money into that. Welcome to the Ponzi scheme. They're also talking about raising increased payroll taxes by 3.65 percentage percentage. points to close the funding gap. Just letting you know. I am sure the Marxist party is going to yell

and scream about this, but they are a big cause of it. Remember, Marxists don't care about you. They only care about their power. But we think this is going to be front and center as we move forward, ladies and gentlemen, just letting you know. In the news, well, you know, the president's been suing everybody. The judge struck down his $15 billion lawsuit against the New York Times. All right. Up next, what else we got for you? This is the one only investor's edge. Hello, hello, I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna. And I asked him, how can companies use AI to its fullest potential to create smarter business?

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

We say you can leverage what we did. We are happy to bring out all our learnings, including what needs to change in the process, because the biggest change is not technology, is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. Hey, it's Ryan 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,

Oiraida, silk, Capri-San, Bavarian Meats, 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. OnDEC is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, OnDex loans up to $400,000 help make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews,

OnDec delivers funding you can count on. Apply in minutes at on deck.com. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. OnDec does not lend in North Dakota. All loans and amounts subject to lender approval. You're listening to. What are we waiting for? Well, what are you waiting for?

One, two, ready, go. Investers Edge with Gary Culper. And back once again to Investor's Edge. As you know, I have really pulled no punches on the, last president I really believe he's the worst ever and I really do the major increase in federal spending leading to a major increase in deficits of over two trillion per year we can start with that that's number one how about the inflation which by the way I don't blame him for but he did say that

it was transitory and you know what happened from that but another part of the equation that the media has drowned out because as you know the media sucks they don't care about you is that the women in Afghanistan are back in the dark ages because we left and I'm pretty sure we only had like a couple of thousand soldiers soldiers there and we also gave up up the Air Force Base, Bagram Air Base. It was a major launch point for us for counterterrorism. And it kept things quiet.

Joe Biden was told by his military people don't do it and he still did it. People died because of it. The Taliban took over. As we said, the women are back in the dark. ages and the media does not dare report that because again they suck well we'll let you know that our country this administration are now reaching out uh the taliban have not agreed to the proposal but we want that air base back again and we want to go back to where we were And I gather we're going to have to make some sort of concessions that we wouldn't have had to make if we were still there.

Oh, and by the way, we left a ton of artillery and munitions in the billions. Joe Biden, the worst freaking president ever. Oh, yeah, 10 million people across the border. Oh, that's right. While he lied to us about it. And of course, the media who again sucks covered up for it. So just letting you know that's going on, I'd be happy to see that. You know how supposedly the left are all about the women and this and that?

Well, obviously not about the Afghani women. I would love, and just so you know, I care about the world, not just this country. So we'll let you know, we'll see how that plays out. Just another instant on God Joe Biden sucks. Not to mention his whole family is a bunch of corrupt, you know what. Oh, I know, I'm going to get the emails on the Trumps. I know, I know. We've already discussed that. We'll discuss it again going forward.

Hey, in the news, and this is not by accident. Headline. AOC. No, really, that AOC is looking at running for president in 2020. No, I'm not kidding. This buffoon, I got news for you. I may run for president if she runs for president. She could not last five minutes in a debate with me. By the way, I'm not so sure I'm kidding about that.

Anyway, this Jew-hating, Israel-hating, control-freak Marxist, has now put it out there that she is looking at possibly positioning herself to be president of the United States in 2008. what the hell happened to this country. Of course, she would be running against the Bozo running California. I think probably Buttigieg will run. I believe the governor of Pennsylvania will run also. There'll be a slew. Hopefully I'm around to cover it. And again, I may have to run.

That's all we need is a Marxist control freak. run in this country. Oh, wait a minute. Don't we have a control freak running the country right now? Answer? Yeah. Tariffs.

More tariffs. Negotiations with businesses. Running business from the White House. Giving out gifts, taking away gifts, and all that crap. Anyway, that was in the news. today and that was by no accident the next thing to happen is I do believe the

Supreme Court is going to take up the tariff thing in the next month boy I hope they stop it I know what the president saying it'll destroy the economy no it won't higher taxes is bad for the economy they be doing them a favor but I believe it's six three there and they tend to to vote for the right. Again, we'll keep you informed. Lastly, Kamala Harris has a book coming out. She blasts everyone from Biden on down. And for such a tolerant party, Kamala Harris says she did not pick Buttigieg as vice president because he's gay. So Kamala Harris is a homophobe Isn't that precious?

You'll have a great weekend drive carefully. When you get home, do like we do, quite simple. Make sure you hug your family. Make sure you hug your children. They will feel better, you will feel better. I promise stay well, be well. Always appreciate you listen. Don't forget, if not in your city, garyk.com.

Bye, bye, all. This has been Investors' Edge with Gary Cultbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryKK.com. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor,

ORAIDA, Silk, Capri-Sun, Bavarian Meats, 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. Guys, it's no use putting it off. The best time for an underwear refresh is now.

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