Investor's Edge with Gary Kaltbaum - SEMIS/AI WOW! [05.13.2026]

Episode Date: May 13, 2026

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Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And look once again to Investors Edge. I'm Gary Kulp. I'm your host. A thanks of being with us today. Glad you here, ladies and gentlemen.

Happy that you are listening. It is Wednesday the 13th, I think. Yes. Of May, 2006. Hope you having a good day, as usual. Serious talk about everything that affects you. the markets, the economy, your job, your industry. What are the markets saying?

I'm going to have that today. And we'll do, let's see, tariffs, war, oil prices, the president in China, a new central banker, my PSA test, an ass clown at the New York Times, and other stuff. and if you do not get this radio show in your city, we will post it at garyk.com. We'll also post it on our X feed. And if you don't follow us and actually just put our name in. And if you'd like to email me, just be nice. I have to tell you.

I've had a couple of dozen people email me and correct me and disagree with me, but everybody is respectful. I guess it's working on you when I tell you, I will be respectful back. Unless you like Hamas. Unless you're this guy Nicholas Christoff who writes for the New York Times. I'll explain that in a little bit. But first, so in case you don't know about us men,

we have this thing called prostate. And in case you don't know about us men, well, at least my life, I can't begin to tell you how many people that I know, including some close relatives that have had prostate cancer. It's a scourge on the male. And luckily, for all the people that I know, nobody has died because of it, but if you catch it late,

it can go to other places, and that's when it goes and gets you. So yours truly, you know, had some little tests and stuff like, that, but I did the big tests and I passed with flying colors. And may I state for the record that, you know, it's a little nervous for a little bit of time. You know, you get these little scores and you're like, what's this number? And they tell you, don't worry. Everything's going to be fine. Everything's cool. And you're crapping and your pants over it. No, this, that, the other thing.

and you go on Google, your search engine, and you look up the numbers and what could happen and how you go, came back everything good. So just letting you know. And as you know, I don't drink. I don't do drugs. I do take like some cholesterol crap and whatever. I take care of myself. those that know me say I look 20 years younger than I am the whole works so you know we just want to stay healthy anyway I just wanted to let you know and men

get the test get them early it should be something you do and by the way the same goes excuse me for the colonoscopy also men I don't think women get that do they Maybe they do. Yeah, they do. Anyway, we try to take care of ourselves, but my wife says, I don't care about that score and that test. You're going to get the big scan. So I'm going after getting this big scan. I don't know what the hell that entails, but I'm going to do one of those.

I hear it costs a little bit, but who cares? I want to take care of yourself. Okay, that's number one. Number two. I don't know if this goes hand in hand with colonoscopies, but there's a new central banker named Kevin Warsh. And as you know, we have no use for the central bank. We don't even know why they exist. We don't know what they do for us.

We believe they're an overrated entity, kind of like watching the Mets this year, though I'm hopeful. They're playing better. So we have a new central bank. And here's the interesting part about this. As you know, you have a president who, by the way, is now in China, who has been cursing out Jay Powell and saying he's the Antichrist. You know, actually, whatever he said is worse than the Antichrist. Anyway, Trump's been going after him. And as you know, we have been a big critic of Jay Powell, not in the last year, 15 months.

We thought he's done a good job the last year. But the president is this easy money maniac that says you got it. We should be lowering rates. We should be at 1%, 0%, whatever. And he nominates this guy, Kevin Warsh. But interesting enough, Kevin Warsh is an inflation fighter. That's his past. And what that means is you're not an easy money person.

He also says he doesn't like all this printed money and he'd like to wind that down as much as possible. Just in his words, I love him. But the president should hate him because the president wants easier money. The president should hate him. I'm predicting the first time the Fed meets under Warsh and does not lower rates, The president's in a calm and ass clown also. He's going to go after him too. I hope this man is independent.

I was just on TV and I said basically these words. It doesn't have to do much. Raise a quarter, lower a quarter, just get the hell out of our way. And I went on and said my can line that I tell you, the economy is not the Fed, like Jay Powell said. We're the economy. 150 million of us or so going to work every day, trying to do better for ourselves and family, moving up the ladder in life. Start making 40,000.

Now I'm making 60. Now I'm making 90. Oh, you know, I'm going to start my own business. Now I'm making 200. You know, so then the Marxists have come after you and raise your taxes. Remember the socialist Marxists. They don't affect the rich. They try to prevent others from becoming rich.

You know how that works. So we're in hopes this new guy comes in and just takes it easy. Hope he's not a puppet. They have already a puppet there. Trump put this guy Mering in, and he might as well have strings on his shoulders with Trump behind him. So that's number two today. Next, the market. So we have been talking about the market.

and how it's about as split as can be, and how we have kind of coast to coast. If you have a watch or a clock, you know, you got the midpoint and then that's where the hands jut out from, imagine if one hand goes up to the 12, the other one goes down to six. Well, going up to 12 is

continues now to be the artificial intelligence semiconductor trade with some other things steel is in there going down to six is just a ton of stuff consumer-oriented

stuff again today again today they smacked the head out of retail, auto dealers, auto parts retail, housing, housing related, restaurants were murdered again today, insurance, as I said travel related, not all, they bounced a little bit of the cruise lines, but they're in bearish phase, casinos. and now they're starting to get some of the transports troublesome while they had been leading.

The consumer. And as we have stated to you, that has us a little bit worried about the consumer. But it can also be just what the institutions are doing. Get me the hell out of everything and just pile on this stuff. stuff that is working in artificial intelligence semiconductor land. Well, you had another day like that today. And may I state another part of the equation? Because when I tell you about the NASDAQ,

because it was up 300 today after having a bad day yesterday but a good comeback at the end of the day, wait to you hear the internals. And then we'll go through what is and what's, it isn't. This is the one only Investor's 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 8-8-4-2-5-9. That's 888-4-22-5-5-9. investment advisory services offered through Colt Bomb Capital Management. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion of quality programming.

With Gary Coltbaum. It doesn't get better than this. And welcome once again to Investors Edge. So as I said to you, they're really coming after. Restaurants again today. Brinker International down nine, Darden down six, Texas Roadhouse four, Wingstop three, Yum Brands three, Kava Group 5. And they're already, a bunch of these have already been beaten up. Retail, Lowe's, Home Depot hit New Yearly Lows today again. Lows down four, Lulu down four, pool down six, raw stores down six, Ralph Lerenda. You get my point. Alta Salon down 13. What, nobody's getting massages?

Anyway, as we have stated to you, if the market has a voice, the consumer, and of course, one plus one equals two, oil prices have been going up as well as yields. But also meat prices has been soaring. Copper has been going up. By the way, copper's in a lot of things. regional banks are now getting hit again. And I said housing, but Sherwin Williams, Restoration Hardware, William Sonoma, Whirlpool, things that go into houses.

Getting smoked. But on the other end, the socks was up 300 today. Just so you know, it was down 800 yesterday, finished only down, I think, about 380, and got back 300 of that today. And there's a story that the presidents in China and the invidious CEOs with them

and I guess a couple of others. And by the way, every one of those stocks were up today, whether or not anything happens there. And I said to you internals, what do we mean by that? Well, with the NASDAQ up 314, advanced declines were negative today on the NASDAQ. and new yearly lows picked up markedly to 213.

And pretty much were in line with new yearly highs. It's showing new yearly highs at 275, but when you always go to new yearly highs, there's a bunch of non-operating companies that are there also. So pretty much the same. Those are terrible internals. Does not mean it can't get better. but they're terrible internals.

And what skews things? Here's some new yearly highs, you ready? Nvidia, Apple, Google. Just for starters. Three of the bigs. Texas Instruments in NASDAQ also. And some others. But I go through,

I got a bunch of ETFs, some SPACs. So the new yearly highs versus lows about the same with the NASDAQ going Enfuego. So that's of note. That said, again, same names. Bad day yesterday. Decent rebound.

Boom right back up today. And there's your story. Semiconductor's AI, it's 1999-ish, does not mean it has to turn into 2000. Now, as I said to you, Semiconductor's artificial intelligence, and the memory, data, storage, optical, and all that crap. There's some other things working.

Away from that. Steel, pretty strong. Some copper names with copper prices going up, pretty strong. Things that had good earnings reports or good reactions. United Health is back to a new yearly high, though it's still weighed down from a few years ago. That's in the Dow. And by the way, Cisco Systems. I wonder what they announced after the close.

Because it closed at 101.87, I got it up $11.87. I got it up $11.00 in the aftermarket. That is a huge move. For Cisco, computer networking, they had to announce some artificial intelligence stuff. That's a big move for a 1990s name. God bless them. That's a great story. Cisco and Intel. As I'm looking at the numbers, actually, revenues for next quarter are going to be better than expected,

and the market likes that, as well as earnings. So nice. Did a buck six estimates were buck three for this one, which I don't think is the biggest of deals. But good enough to go up 10% in the aftermarket. Ooh, make that 11%. Make that 12%.

Cisco. Wow. It is a festival in technology land. Go look at a chart of the Philadelphia Semiconductor Index. And then go look at a chart of the retail index. One north, one south. And therein lies the story.

It's something we haven't seen since 99, and I mean that. We've studied it all and we'll see where it lands. By the way, Cisco is now up 14% in the aftermarket. Dang. When Cisco systems can do that, anything is possible. I'm afraid to look at Jack in the box though. They haven't reported yet. Anyway, that's your story in a nutshell.

Tower Semiconductor today, reported earnings. Market liked them. Up 22% today. Up 22%. That's what we're getting. How about something called Nebius? Up 15% today. I do believe that was much higher early, but still up 15%. They lost a bunch of money, but their sales growth went from in December quarter, 227 million, the $399.9.000. the next quarter. So whatever they're selling, the market quite likes. And these are all artificial intelligence type things. My universe of stocks now is down to maybe 125 out of the thousands and thousands and thousands. Why? I don't need to look at retail. I don't need to look at housing or housing related. I don't need to look at 99% of the medicals. And there's a lot of those I don't need to look at travel except maybe Viking cruise line that acts okay I don't need to look at the regional banks I can look at the big banks I got three that are

act okay but nothing special it's a very weird market up next more on that and whatever else this is the one only investors ad We're listening to America is talking Investors Edge He's got to be pleased with that The crowd is just on his feet here With Gary Coltbaum

Comes highly recommended You're going to feel better if you talk to him And well once again to Investors Edge Thanks for being with us today And to give you an idea about the market Ford Stock's been dead Acting terribly

up 13% today. You know what they announced? Energy storage. AI, energy storage, data centers, this, that, the other thing. You goose your stocks. I got to look that news over. Got to look that news over. But that's the story. That's the story. And now we get Cisco, which is a big wow. They beat by a little bit market loves it what else 4481 on the 10 year yield up again 5.047 on the 30 5 year is it 413 they're getting elevated oil prices pulled back a wee bit today the inflation number that came out was not good at all and as we say to you here we pull no punches. The messaging out of this administration on affordability sucks. When I hear the president say, oh, well, we predicted $200 oil, that's a lie, just trying to mitigate things. I watch J.D. Vance, and by the way, between Rubio and J.D. Vance for 28, Rubio Filet Mignon, J.D. Vance, Spam.

That's my opinion. Nothing personal. I just measured it and watched. Anyway, inflation's here. They were out today blaming Biden, and they were out today lying about it, and they've got to stop. They said they inherited the inflation.

No, when the president took over, we were already down to 3%. Because Powell was forced to stop the money printing and raise rates already at 3%. And even maybe a little bit less than that or maybe a little higher. So I wish they would stop treating us like idiots. The president's already lost the midterms because of, Calling women piggy and stupid and retards. Just this whole demeanor has turned off the independence and the mishandling of the deportations

pissed off the Hispanics, who he won over both to beat Kamala Harris. They refused to learn from the missteps. What can I tell you? But anyway, we'll see what the redistricting does. But this inflation thing, I said on TV today, the most important thing about inflation, is what the bond market does. If the bond market cooperates, we're okay.

If the bond market doesn't cooperate, the Fed will be forced to raise rates, and that will be a problem. for markets, for starters. Just letting you know. This Iran thing, as I have told you, I don't care what they say. Total miscalculations on their part. And I don't understand that this juncture while they are stretching it out. Every one of their intelligence reports told them that Iran wasn't even near.

near nuclear the president said they obliterated the nuclear and then right before the war they're two weeks away from nuclear which was another BS but at this juncture

nothing good happens if oil prices stay up here I keep hearing oh everything will no everything will not be fine not when a large percentage of this country lives paycheck to paycheck, not when the country, the job market is kind of not great. Remember, it's not just the pump. It's not just the gas pump. Go search the words, what products are made with petroleum? And there are thousands of them. And the cost of petroleum goes up. the cost for all those products go up

inflation that's how it works if I had the president's ear I would say come down off of this already and let's get moving he won't listen to me so the consumer trade

has just been racked racked even some strong retail stocks that were holding up like raw stores just dropped from 230 to 211 in the last five days doesn't sound like a lot but that's the strongest one that's been the strongest name you wouldn't believe what the weak stuff is done ralph loren was at a new high three weeks ago 331 excuse me

393 it's 331 now and that's a strong one you want a weak one go look at Lulu Lemon whatever the hell's going on by the way Lulu Lemon Under Armour Nike all three

in the basement I would not want to be in that industry at this point in time I guess wow and as I have said I gotta believe Nike is going to get taken out of the

the Dow eventually sooner rather than later that's my thought process and they should we're pretty much past earning season now there's a few more to go Cisco

is not going to hurt tomorrow the tech area it is quite amazing what we are seeing i'd never thought i'd see a 99 again by the way lulu lemon just a year ago was 340 it's 121 and under armor uh was just 815 about three months ago it's 511 today very tough business and i still remember i was in an under in when i was in london i was in Under Armour store and they would tell me business not good. And the Nike store, same thing. The competition for your bucks, you know who's winning?

Walmart. Walmart be winning. What a story. The ability to continue to deliver Walmart here. And by the way, Amazon, without even having stores. They do have Whole Foods. And I think they're shutting most of the Amazon stores, aren't they? Two behemoths.

While so many other retailers, you know how many retail stores have shut over the last few years? Absolute tons. So we'll walk in tomorrow. Cisco, we'll see how it plays out overnight. I told you what the story is. My middle screen is beat red in all the consumer areas. My front screen in the middle is the semis and AI, Irish green with some big moves. My left screen of lesser tech, bright red.

So it is narrow as narrow as narrow can be. Normally narrow is not good. We'll see how this one plays out. We're open to all outcomes. as we move forward. But it's getting a little bit on the interesting side as I pick apart the markets for you and I. Up next.

And we're going to have to do something a little bit different. This is the one only investor's edge. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In the investor's edge.

with Gary Culper. And welcome once again to Investor's Edge. So as you know, we have not had any love for the media types for a very long time. We have found them to be very, very biased, play with the news and stories. I'm not talking about opinion people. Fox has opinion people on there. They give their opinions. The other places have opinion people on there.

They give their opinions. I'm talking about the reporters, the stories. And as you know, we fight all forms of racism against anybody. We believe everybody is equal. Everybody gets to decide their own fate. And there are lots in life. And there's always these events. And as you know, the October 7th where Hamas did what they did.

And if you noticed out of that, they started going after Israel, even though Israel was attacked. Did you notice that? Oh, we did. We reported it. We talked about it on TV. Israel was attacked For going after The perpetrators

The animals Hospital blew up Without any evidence They blamed Israel It was found out it was An Hamas rocket They had to shut that down Do you think they apologized?

No, why would they do that? We now have a New York City mayor That sucks Last night a bunch of Hamas lovers Jew haters and were not Israel were threatening and attacking Jews in the street, in Brooklyn. I haven't heard the mayor even talk about it yet. That would not be happening if I was mayor.

Well, we are just finding out in the last three or four days just how depraved Hamas was. I am not going to describe it for you. It's heinous. on what they did to both women and men. You can stretch your own imagination or go read about it. Think of the worst things you can do. They did.

And there is proof positive and evidence of it. Somehow, Nicholas Christoff, an Israel hater on the New York Times timed an article that it's the Israelis raping Palestinians and where did he get his evidence from? You guessed it.

Oh, that person and this person. No evidence. No nothing. Knowing that this unbelievable big news was coming out on how depraved Hamas was, he puts out this article that it's no it's Israel doing it

this is what we're dealing with and that's why we always tell you do your own homework know what you're dealing with you know when they call Bernie Sanders an independent but he's a Cuban-loving communist

you catch in the drift they have no problem ripping on Trump Oh, and by the way, they kind of stopped because I think they're worried. But they have no problem there. But do you think they ever said a word about Biden for three and a half years saying the border was secure, along with Majorcas? They never brought it up. It wasn't the story while millions were coming through and dying.

Remember how they went after Trump in his first term on family separated? Well, you know how many kids got separated under Biden? A bazillion! Never brought it up. Yet they ran it 24-7 under Trump. So I just want to let you know they're still at it. This scumbag, Nicholas Christoph, and by the way, I'd say it to his face. You can go to read the article.

Yeah, I spoke to somebody. Yeah, somebody said. And just happened to come out right when more evidence on what Hamas did. Anyway, just wanted to bring that up because going forward, who knows what they're going to say? Who knows what they're going to do? Who knows what they're going to report? And we've got to be, because I've got to tell you, it ain't going to be the Republicans of Democrats. It ain't going to be D.C.

It's got to be we, the people, checks and balances. It's going to be our job. because both sides are in the tank for each other, unfortunately. And that's why we lost all love for all of them. And that's why a lot of people have come to my side. And you know what side that is? No side. And I've been told a lot, Gary, you've got to take sides.

Hell no. 39 trillion bucks says so. Oh, by the way, we're now at 39 trillion. We're now at 39 trillion of debt. Did I say 39 trillion? And we're now at 100 billion a month interest on that debt. And President Trump will be running record debt this year, worse than Biden this year.

Though he told us he would do the opposite this. year and if you ask them about it now you're just plain stupid for asking just wanted to let you know you can tell the love I have for all these people right but back to the markets as we circle around we'll keep reporting it's very narrow tech AI steel smattering of some things China's getting a little bit better and anything that reacts well on earnings. And now you get Cisco systems, by the way, is up 15% in the aftermarket. That is another unbelievable story. So the band continues to play on. You have a great evening. Drive carefully when you get home, do like we do. Make sure you

hug your family, hug your children. They will feel better. You will feel better. I promise they will be well. Have a great evening. Bye bye. This has been Investor's Edge with Gary Culker. bomb on Biz Talk. To listen to past episodes or to get in contact with Gary, go to Garykay.com. That's GaryKK.com.