Investor's Edge with Gary Kaltbaum - SEMICONDUCTORS WEEK IN REVIEW [01.09.2026]

Episode Date: January 9, 2026

At CVS, it matters that we're not just in your community, but that we're part of it. It matters that we're here for you when you need us, day or night, and we want everyone to feel welcomed and rewarded. It matters that CVS is here to fill your prescriptions and here to fill your craving for a tasty and, yeah, healthy snack. At CBS, we're proud to serve your community, because we believe where you get your medicine matters. So visit us at cbs.com, or just come by store we can't wait to meet you store hours vary by location investors edge with gary coltbaum straight talk about you and your money now from the biz talk studios here is gary cult bomb and welcome us again to investors edge i'm gary coltbaum your host day thanks for being with us today

glad you here ladies and gentlemen happy that you are listening it is friday the ninth january 2006. Got to get used to that. 2006. Time is moving. And as always, we have a lot to cover, ladies and gentlemen, today will be about a lot. You know our little line. Jello moving on the plate.

Jello moving on the plate because of dictate and policy mentions out of a certain person living in the White House. We'll get to that in a little bit. In case you don't know, this is serious talk on everything that affects you. We'll do the markets. The economy, your job, your industry, the job market, and anything else that comes to mind. And if you do not get this radio show in your city, we will post it at garyk.com, also on our X feed. And if you don't follow us, an X you should.

If you'd like to email us, just be nice, by the way, other podcast apps will get it. Also, BIS TV, YouTube channel. I'm in New York City right now on the iPhone app doing the radio show. Hopefully it comes in well. And you're welcome. We gave you out Miami and the over last night. Miami was minus three. the over was 52 to 53,

Miami won by four, and the over was, what did they score, 58? You're welcome. So we're at it again. As you know, and we don't pull any punches, we're very good at handicapping football, but we only do it when we get into the playoffs or any important games,

and we're very selective. We don't pick every game. And by the way, yeah, last night was quite lucky. They scored 25 points in the fourth quarter, but it all counts. And Miami had a score late in the game to go ahead, but it all counts. We don't rationalize. So before we even get going, there are five games tomorrow this weekend in the NFL.

I have to tell you, there's only one we really like. We're very selective, ladies and gentlemen. We're very, very selective. So for starters, we think Chicago's a better team than Green Bay. That's all. We're not sure why the lines only, we're not sure why Chicago is getting a point in a half. It's almost like they're begging you to take Chicago, which means normally Green Bay is going to cover.

But I have to tell you, I'm going with the Bears. That's all I can say. I'm going with the Bears. They play very sound football. So that's our number one pick this weekend. Rams are at Carolina. I don't have a great feel for that. The Rams are a better team.

I don't like giving 10 points in any game, especially away. Buffalo's at Jacksonville. Buffalo's minus one and a half If I was going to bet I'd go Jacksonville But I'm not going to do it They just look like a better team San Fran Philly I don't have a feel

I will tell you That Chargers New England game Hmm Yeah we're going to pass that one also And Monday night we'll be back on Monday. So the only thing is Chicago. That's the only thing we think for this weekend, but there's also NCAA football. And there is a game tonight, Oregon at Indiana. We like the over. Those are our two bets. I believe the over is around 48 and a half, 49. We like the over in that one.

That's where we stand. So just two games. We're two and oh now going into the rest of the weekend two more Oregon, Indiana over Chicago Bears. We're leaving the rest alone. We're very picky. And that is it. By the way, I was on a flight last night watching the game. What a great game. Wow.

I felt very bad for the losing team because they played their guts out. And in case you don't know, they lost their coach. Kiffin went to another TLSU, I believe. And I hate when that happens. But good for Miami. And here's the interesting thing. Miami plays at home in the final game next Monday. I may go.

It's Monday night. It's a day off for us. It's a holiday. So I may be at the game. Okay. So we got rid of that. Next. I got to talk the jobs number.

Another terrible jobs number. 50,000, blah. And revisions were down, blah. And I'm getting asked, and I'm asking myself the question, how do we have 5% GDP and terrible jobs market? I have to answer. I don't know. I don't know what's going on.

Normally I would tell you those jobs numbers are recessionary. and the GDP hell's going to break loose, but that's not happening. So I don't know what's at work. Some people tell me artificial intelligence. I don't know. I think there may be this one component of the business culture really looking at employee numbers and just staying light. I think that's a component. But I have to tell you, we're supposed to.

getting a 5% GDP for last quarter. To me, it doesn't make a lot of sense. Welcome to the world. Hopefully you have listened to us. I think we gave you great words to the wise. And that is if you work for somebody, make yourself indispensable. Make yourself the go-to person.

Work harder, work smarter. Market yourself as best as you can without kissing the royal butt of your boss. and hopefully you're going to be around for a while that's jobs next we have been telling you to avoid housing and housing related stocks for a long time no more that playing field changed today with the action in the housing and housing related it's kind of started up a little bit yesterday but today but today but day unfortunately it is not something that's organic the president has announced

powellitis you know what power lightest is right the president is going to have his minions take 200 billion dollars from wherever and buy up mortgage bonds to try and loosen up the housing market. We don't know if it's going to be successful except it loosened up the housing stocks and housing related. For example, Home Depot and Sherwin-Williams are in the Dow. They were up $27 today between the two. One hundred and 70 Dow points. They have both been dead money. Big time dead money.

Big time bearish. In fact, Home Depot, even with the close today, is pretty much trading where it was four and a half years ago. Sherwin Williams trading December of 20. But big move today and that helped the down. And then you have the home builders.

Toll Brothers, 7%. Lenar, 9%. How about, let's throw in green brick, 7%. How about KB homes? 7%. How about the ETF, the ITB? 6%. How about the XHH.

B, 5%. How about other housing-related stuff like Builders First Source? 12%. Thank you, Mr. President. 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, 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 888-4-22-5-559. That's 888-4-22-5-5-5. 59. That's 888-422-5-5-9. Investment advisory services offered through call-bomb capital management. At Arizona State University, we've made online education better, smarter, and more personalized, so you can go further in your aspiring field. I decided to pursue medicine once I realized that ASU did have the online program for biological sciences. You're still required to learn the same curriculum.

You're still being tested on the same content that anyone would be tested on in person. The comprehensiveness of the program prepared me so well for medical school. Explore over 350 plus programs at ASUonline.asu.edu. 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. Their zero-chafe thanks to four times more stretch than competing brands. And their innovative horizontal quick-drop fly is a game.

Game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double-monmonic. on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card.

What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details. 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.

Harry called bomb. It doesn't get better than this. And we'll once again to Investors Edge. Now, we did not say housing is in a bull market. Oh, by the way, there's another one called Top Build. A symbol BLD, they provide insulation to construction industry. That was up 6% today. And by the way, that's breaking out a range.

That's actually a strong stock with crappy numbers. So there's the housing. And as you know, it pisses us off that they're now going to interfere with markets again. Next, defense stocks, which got going yesterday. Why? The president just announces he'd like the next budget on defense to be $1.5 trillion. This year's was $1 trillion. That's a huge 50% gain. So all the defense stocks

And Fuego to the upside Even though That's probably not going to happen Perception in the market is reality sometimes So defense stocks got the government juice What pisses us off about that Me being One of the loudest voices on defending the country

This is bull crap. It's bull crap. That amount. One trillion is bull crap. It's insane. The year 2000, I think we're covered pretty good on the fence. We spent $300 billion.

We've tripled it. And these are yearly numbers. The president's asking for $1.5 trillion, I guess, and guess what? That's almost the whole budget of the year 2000. guess what? Pentagon can't pass an omit. They're missing bazillions of dollars.

But I don't run the show. There's your story. Two major moves. Two major moves. Two major moves in two areas. So just letting you know. Defense was comatose.

Housing was in a bare market. We are not saying housing is going to from a bear market to a bull market. We're saying it's out of the bare market. And we'll stay on top of it. See what's going on. But dang. Dang. Dang.

Dang. Next news. I've never heard of this person. But California Congressman, a Republican, Doug LaMalpha, my age. dies at the age of 65. I'm looking to see what he died of, but some surgery, I guess, or something. Yeah.

What does that mean? Let's see, hold on. He was, yeah, out west. He's in one of the only areas in California that's on the red side, as you know. Wow. My age. Boy, I'm going to take care of myself. What does that do? It tightens up the house. Tightens up the house even more.

You really don't have a lot of room on the Republican side in the house now because what's her name is gone also. So that's a little bit on the newsy side. It leaves 218 Republicans, 213 Democrats, which means two Republican defections in any votes and any votes. So that's the story there. And

there's some votes coming on, I do believe. Next. I did mention OK, Bitcoin still can't get out of its own way. Ethereum can't. And again,

I must say it, you're welcome on micro strategy, now called strategy. What's interesting to me, and I want you to listen carefully. As I have told you, many call it a scheme. We've tried to stay away from that word. We just describe for you that all it is is a company that just keeps buying Bitcoin through leverage.

And we've seen this act before, and it always ends bad if the price of that asset keeps going lower. Well, as we have stated, micro strategy has gone from 457 to 157 since July. That's got to be in the 60s, right? While Bitcoin is gone from 72 to 51, in other words, the leverage. I'm worried that this thing may blow up. And you know we're very careful with our words.

I have been reading about, and you can't, about what the CEO has done with the company and the leverage and what they owe and debt and what they owe. I do not think this is going to be a going concern if Bitcoin dives even more. And remember, the last bare market had Bitcoin dropping 75%. And we're not saying that's going to happen. We're just letting you know. If you have been a listener of this show, you're not in micro strategy. Now called strategy, and we don't think there's any strategy here.

We have been completely on the avoid bearish, whatever, and have gotten more bearish as it goes. And as far as the crypto, you know, we have told you they try to come out with 32,000 coins. We've told you also that some of the coins that are still around just dropped like 70, 80%. Just be careful with your money. You need to know, and the administration getting involved hasn't helped. And I'm not going to make a statement on that, but you have a feeling of what I think about all that crap and the conflicts of interest. as we pull no punches on anybody, be careful.

If the Bitcoin drops below the lows of the last seven, eight weeks, I think all hell's going to break loose. Up next, today's market. Lots of jello on the plate. This is the one only investor's edge. 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. Their zero

chafe thanks to four times more stretch than competing brands and their innovative horizontal quick draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with code comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide.

The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital for details. This episode is brought to you by Spreaker, the platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple.

You record your show, upload it once, and Spreaker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. We're listening to America is talking. Investors Edge.

He's got to be pleased with that. The crowd is just on its feet. here, he's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him. And welcome to against Investors Edge. And I mean lots of jello on the plate.

So our poster child for the no-sale stuff has been this OK-L-O. And they just signed some deal. And I don't know what's going to be the outcome. And I want to let you know they gapped it up today to 100. $15, closed at 105, so it was sold into, and has a $16.5 billion market cap here. It is rallied up in the last six days from 72. 72 to 105, 33 on 72, that's almost 50%. Still down $88 from the highs, which is about 45%.

just let you know we report the up and the down and as we always say if they continue to have no sales all hell's going to break loose when we get a bare market they'll all drop 90% by the way it dropped

about 65% to the recent trough so just be careful good to see some news about something that they may do with somebody and again as we have said to you we're not trying to piss all over these companies that have no sales we hope they all

is successful. We just know we had mentioned to you Lightbridge, LTBR. This is a nuclear company. The way is down about 50% from the highs of October still, but I must tell you is up 30% from six days ago. They bounced. But what's my problem? The stock's been public for 25 years. They've in the public domain you can trade the stock for 25 years and they still have no freaking sales. There's my problem. And of course you know what happens to it in bare markets. Well, in 2006 it hit a high of 1500. It just hit a low of two. So be careful with your money. And I just wanted to mention that okay, hello, because that's been our poster child. And there are others. And just so you know, also they've been bidding up a little bit some of the no

sales stuff also recently. Next, let's start with the negative and finish with the positive. Adobe, big software name, still in the bare market. The software stocks, the IGV, still trading below the 50-day moving average.

AMD, a very weak semiconductor and had a very bad week. Apple, speaking of a very bad week, a very bad week for Apple as it tanked this week. Nvidia, not a good week. Finish the week below the 50-day moving average.

Salesforce.com, got to say it's been trying and it's off the lows, but it's still been a brutal bare market trading where it traded. in August of 20. And trading right now at 260, the high was 369. Dell was 168 about eight weeks ago, closed at 120 today. Microsoft just hanging on to the 200-day moving average and really needs to hold the 470 area, closed at 479. Meta, been in the bear market since August.

Off the lows as of recent, but still can't get any big movement whatsoever. On Netflix, a brutal bear market. Oracle, at least trying finally after the drop in from 345 to 177. trading below everything but better not saying much a Tesla at least back hitting the 50 day moving average today just dropped from 500 to 430 a broadcom had a good day today was up 12 bucks 345 at the close down from 414 three weeks ago and bad reaction to earnings you know what all these have in common, they're very big. They're very big. You have a little improvement in meta, a little improvement with Oracle, a little improvement in Tesla today, but overall

on the weak side compared to other things, which we'll get into in a minute. Just want you to keep that in mind. And I think that's what's been holding back the NASDAQ and NASDAQ 100 from breaking out of range. Because the semiconductor stocks wow I'm upset today personally why because on this latest move on the semiconductors they gap them down yesterday after breaking them out of range and I'm thinking okay good what they're gonna do they're gonna pull them in into moving averages and support and we're gonna buy the living crap out of them because we think there's more to go they gapped them up today and not only did they gap them up, they had monster moves. KLAC was down 40 bucks yesterday,

was up 75 today. ASML was down big yesterday. It was up 80 bucks today, 6%. KLAC about 5%. Applied materials. yesterday got smoked to the tune of 13 bucks up 19 dollars today 7% Lamb Research up 17 bucks today

into new highs I can't tell you how upset I am because I'm not in them and they're going to go higher but we have a disciplined way of doing things hey let me in today and then you got the sand disk which again

we're not making this up yesterday it goes from 361 to 310 in the same day it's back to 377 today that's the number one stock now

they beat the crap out of the disk drive store and sea gate drops from 3.30 to 290 in two days. Excuse me, 3.30 to 280. 50 bucks. Up 20 today. Western Digital did the same.

240 to 180. Excuse me, 220 to 180. Up 13 today. So I think that's still going on. the semis the storage and the like and they didn't give me a chance

today as they gapped them up and what is a gap close one price yesterday open in another price today much higher of course we can walk in Monday

and they gap them down welcome to my world anyway just want to let you know the doubt was up 238 today as we mentioned 170 were two stocks that have been dead Home Depot

and Sherwood Williams because of government I don't think it's going to change the housing market I don't think another person is going to buy a house because they're going to spend $200 billion dollars

but markets love that easy money crap and it got targeted and it moved so out of the bare market is the housing and housing related, not necessarily a bull market. Going to need some more cards come out of the deck.

But boy, that was a strong day for the housing stocks today. NASDAQ up 191 on the better action on, some of those big names. But the stocks was up 202 points today. We're talking almost 3%. That's the story. NASDAQ 100259. better action in the midcaps and as we told you, midcaps broke out

and the small caps broke out also. So a little broad base move we'll take it. Up next, what else we got for you? This is the one only investors edge. 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. There's zero shape thanks to four times more stretch than competing brands and their innovative horizontal quick draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect. Like a $300 annual Capital One travel credit for less than you expect.

Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreker.

The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin's swears are the next big thing. Even better, Spreaker helps you monetize your show with ads,

meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Sprinker, because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Inversters Edge with Gary Colpaw.

And welcome once again to Investor's Edge. So you never know what kind of. of a reaction, I never know what kind of reaction I'm going to get when I say certain things. When my parents passed away and I said to you, I'm heartbroken but relieved at the same time, I was wondering whether people thought I was this ass for saying relieved at the same time. And everybody emailed me and called me and said, yeah, went through the same thing. Because my parents were in the 90s and you know at the end, it gets very, very tough. So I did not know what to expect.

And yesterday, you know, this thing, this tragedy in Minneapolis, where I didn't even go into the video because the sides are taking sides. The right is saying that she hit him and he had the right of self-defense. the left is saying it's murder. And there's some schmucks in politics calling it murder. They are morons for saying that. But I took a different way of looking at it. And I said to you that I got stopped by a police officer, thought I was speeding.

This is a couple months back. And I told you, the two things I do is I opened my window and I put my hands on the steering wheel. so the police often knows he's safe. And by the way, I recommend you do that also if you ever stopped. And I went on to say that tragedy doesn't happen if this woman did not respect, if she would have just respected authority. The fact that the matter is she was not supposed to be where she was.

She flaunted it. We find out she does it kind of for a living. And then tragedy happened. And I didn't assign blame either way yesterday except to say, what the hell you're putting yourself in the position for that potentially to happen? Our thought process is, I don't care if you like the police or not or ice or not. They are officials in their authority. Just respect it.

I also went on to say What do you think this man Wanted this to happen Of course not He now has to live the rest of his life Knowing He shot a woman and she's dead She put herself in the position

Of harm's way And I didn't know what the reaction would be I did not have one person disagree with me which is quite amazing because the polarization out there. But we do think we're quite logical here. And we want to be very careful about taking a side on something like this. New video has come out that kind of refutes the first video. That kind of refutes the second video.

And what I mean refute, it like changes the thought process maybe. Maybe. So Gary's word to the wise, respect the authority figures. That's all. Don't be stupid. You know, I've always wondered, you know when people block traffic sitting in front of cars? They still do that. Are these people insane? All it takes is one driver to say, F it! And you're dead!

I don't understand people. You don't respect a car. How much does a car weigh? You're dead if you run over. Anyway, you get my point. I just believe in logic. And I'm in hopes. This never happens again.

If you hate ice, I'd say there's better ways of doing it than blocking them and all that crap. And I hear two more were shot by border. patrol in Portland, but it looks like that was open and shut, as they say, to bad people. And as far as this woman, I'm just going to hold out for right now. And we hope it does not happen again. Anyway, you all agree. And why does this matter?

Because I got to tell you, we're such a polarized country right now. And I just think we'd be so much better without the polarization. and I think, you know, especially the extremes, I think most of us are in the middle areas left and right. Unfortunately, the extremes are the loudest voices that move the needle a lot. And unfortunately, also, I think you got some toxicity emanating out of D.C. on both sides. unfortunately starting with the head honcho top dog big cheese anyway

that's the thought process on that going into next week as we segue those freaking semi-conductors I wonder if they go climactic kids they have that look which means they could have a bunch more I was really hoping walking in today

that yesterday's smack of them was going to give an opportunity, didn't. And I really didn't see any news today that would account for the big move today. But man, oh man, and Fuego for the equipment makers and some of those storage guys, after them melting down for a couple of days. Welcome to my world. Gold and silver, still in shape, but I have a sneaking suspicion. They may have some time and price sitting around for a while, and that would be okay. And we'll keep in touch with this housing-related stuff, very under-owned and under-invested.

That all said, you have a great rest of your weekend. Drive carefully when you get home, do like we do. Quite simple. Make sure you hug your family and your children. They will feel better. You will feel better. Stay well, be well. Have a great weekend, everybody.

We'll be back on Monday. Peace out. Bye-bye. This has been Investors Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's 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.

Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-draw fly is a game-changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One VentureX card.

VentureX offers the premium benefits you expect. like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change.

See Capital One.com for details.