Investor's Edge with Gary Kaltbaum - Software Time [05.29.2026]

Episode Date: May 29, 2026

Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Coltbaum. 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 is Friday, May 29th, 2006.

Hope you're having a good day. Hope you have good plans for the weekend. I will be driving down to South Florida, either tonight or in the morning. Got to meet with my, how do I put it? Attorney accountant guy to update some things

that you got to update and all that crap. It's a pain in the you know what, but you do what you got to do. Ladies and gentlemen, as always, lots to talk. about lots going on in the world lots of crazy I don't even know where to start but we'll figure it out in the time allotted first off San Antonio won game six so now they go to game seven

which I believe will be tomorrow and then game one of the championship against my Knicks I believe we'll start Wednesday I'm going to have to double check that don't don't me on that. Anyway, this is how insane I am. The cheapest seat for the Knicks game is $3,800. I'm not making this up. If I want some decent lower level seats, $12,000. No, that's not a typo. Somebody bought two court sides for 280,000. Now, just so you know, I hate bad seats. There's no way I will do the nosebleed. Not that I don't like nosebleed. No, I don't like nosebleed. So I have to decide whether I'm going to pull out five figures for a basketball game. That is a tough one, because this is special for me.

My father was the biggest New York Knicks fan, and I feel like I have to show up for him. I got some things to think about. Anyway, this is big time for the Colpom family because my father was insane for the Knicks and the giants. I'm the big Mets fan. He was not bad. big, but a Yankees fan.

So it was a little mixture up there and anyway. Anyway. Today at the end of the market, just so you know we'll get emails on this. At the end of the day, I forgot the word they use

but there was like a reshuffling of stocks. I forgot the stupid word. And just so you know in the last minutes. Let me give an example here. In the last five minutes, Sand disk went up $30. While Sandisk went up $30, which is about what? 2%. NVIDIA dropped from 217 to 2.5%. Microsoft, and in the last few minutes, went from 443 to 449 in change.

Intel went from 119 and a half to 115. In the last four, I'm telling you, it's the last four minutes. I forgot the word they use. I'm going to use the word reshuffling, but there's another word. So just letting you know that it happens every now and then. Broadcom went from 440 and a half to 447. They're playing around with them in the aftermarket right now. Like Broadcom's down a couple of bucks moving things around.

But yeah, there was a reshuffling of some stocks. But the big story is software. I'm going to get into that in a second. Again, serious talk about everything affects the markets, the economy, war, tariffs, whatever. And there was a lot of movement with the so-called war, as you know, and I don't listen to any of these people. I don't care about them. I care about them doing a good job. Complete miscalculation by this administration on the war.

And all I can tell you, for years, this president, was blasting Barack Obama for sending, they used the words, palettes of cash, about $1.5 billion to Iran. How dare they? How dare they? And all I can tell you right now, there is talk about billions and billions and billions of dollars going to Iran. And I will tell you, I will be so pissed off if that occurs. And if that does occur, I hope the president gets ripped to shreds politically by whomever. And those that blasted Obama should blast him.

And then they're going to, just so you know, Obama said, well, it was their money. If Trump comes out and says that, we're not going to be happy. Because remember, these are terrorists. These are murderers. They will take that money and they'll bomb the living crap out of whoever they want to bomb, they use proxies like Hezbollah in southern Lebanon,

where I had missiles lobbed over my head when I was in Israel. So we'll see how it goes. And the funny part about today, you've got the president saying what the deals are going to be, and Iran keeps coming out and saying he's full of crap. This is what we're dealing with right now. It's crazy. And what does it have to do with you and your money and the markets?

Everything. Oil prices were down a little bit more today. Do you know how big that is? How have you been feeling about going to the gas pump and filling up your tank? Pretty crappy. So if things blow up again, what, we want $150 oil? So it very much matters. It very much matters.

All of this matters. We're sick and tired of corruption, lying, self-dealing, and stupidity. And we've been getting it from the last few presidents. We'll keep our fingers crossed. And in case you don't know, if you don't get this radio show in your city, we'll post it at garyk.com. We'll also post it on our X feed. If you don't follow us X, put our name in, and it comes up.

And if you'd like to email me, just be nice and respectful because we'll be respectful back. I will tell you we get people that completely disagree with us and that's fine. That's what makes the world go around. That's what makes markets go. A buyer and seller at every price all the time. That's the story. So first, let me just say again with the market today, there was this reshuffling in the last five minutes. It'll unwind a little bit.

We'll see how it goes. But software. Software stocks. are now a blazing. Yesterday, Oracle broke above, you know how we talk about how things bottom? There's a certain roadmap.

Oracle, weeks ago, broke back above that 50-day moving average, went up to 200 and spent weeks, weeks, trading to 200 fallen back, trading to 200 fallen back. Yesterday, it broke above,

200 software. It was up 10% today. That breakout elicited a 10% move. Microsoft was one that had not done it yet. Microsoft up 5.5% today as it broke above the number 434, which it had hit about five weeks ago. the IGV, which is the software ETF, up 6% today. Some of the worst stocks remember, we've been bearish on software for a long while until it broke above the 50 day, and then we see how it goes.

And you've had some crowd strike. This is abnormal. Broke above the 50 day back in April, at 410, it's 700,000. 31. In the last 15 trading days, 500 to 731. And their numbers aren't even that good. Palo Alto networks, data dog, Fortnite, software security, a big wow. But you know what else is going on now? Some of the worst stuff. Service now. Guess what it did today? Broke above resistance. By the way, one and a half times average volume. turning up the right side. Simple team broke above resistance today, almost double average volume. Up next, we'll be listing for you.

Thanks for being here. I'm Gary. 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 888-4-22-55-9. That's 8-88-4-22-55-9. That's 888-4-2-2-5-5-9. Investment Advisory Services offered through call-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 products. Programming with Gary Coltbaum. It doesn't get better than this. Viva Systems, Workday, Palantir, that overpriced software stock up the right side today, 9%. 9%. Supposedly more government contracts.

You know, the president puts out notes on these. We find out he bought a bunch of Delcote. computer and then Dell gets a $9 billion contract. Same thing goes with Palantir. Remember, the insider trading from top down beyond

the pale. We go to jail for it, they make money on it, and nothing ever happens to them. So software, software, software, think software. And the thought process is, under-owned,

underloved, under leveraged. Think software in the fact, listen carefully. The numbers on these software companies while they were getting trashed. And we were being told that artificial intelligence is hurting them. Microsoft's last quarter earnings were up 23%. Revenue is up 18. Oracle's last quarter up 22 and 22. They've had good numbers.

So they turn the corner of software. Where it goes, we don't know if anything changes. We'll let you know. But boy, oh boy, software, software, software, software. And more software. What else? That said, I just wonder what's happening with some other areas. Remember we've been telling you about the artificial intelligence, the energy,

the data, data storage, and the like. Some of those names look like they're starting to get hit. Maybe topping out, we'll let you know. It certainly wasn't Micron, not Broadcom today, arm holdings, but others may be getting into a little bit of trouble. So you may be hearing us talk about different things going forward. As new things come to the four,

other things maybe, maybe go by the wayside. By the way, also, you know what they did also in the last few minutes? And again, the last few minutes, the semiconductors dropped, the socks dropped 40. They knocked out a few things

that were moving and finished down. Let's see, K-L-A-C, Oh, went from 1942 down to 1920. Not making this up. Reshuffling. The words on the tip of my tongue, the word that they use, I can't. It's not coming out yet. It's not coming out.

The Dow was up 363. But, and it's not a, everything counts. Everything counts. Let's see. 15, 48, 58, 68. Let's use $70.70 times 6.5. Salesforce.com software. IBM, Deem software, Microsoft software, were 455 Dow points to the better.

All three stocks have been dead. and IBM, I don't know what the hell is going on there. A few days ago, it went from 225 to 255 in one day because they signed something on quantum computing. Well, today it was up another $33. IBM's gone from 220 to 300. Not making this up. One, two, three, four, five, six days.

Six days. and not a word on earnings. I look things up, I try to figure things out, some things you can't figure out. That's IBM. Oh, that's right. They disclose today. They plan on investing $10 billion in quantum.

What does that mean? Anyway, forget what I think or say, the market loved it. The market absolutely. loved it. And as you know, the market moved on drones this week because the government

may be getting involved or probably will. I also want to mention also Dell. Dell computer finished up 103 bucks today. Big time raising guidance. Huge.

Too bad, this is not a breakaway gap. I'd it, but already had a good move before today, and I need to see it settle down. But Dell, what a very big day. Very big day. Remember, snowflake from yesterday, had a very big day. Another $16 today. That's about 5%. Oh, by the way, software. So we were talking for a long while. bearish on software. We've been telling you recently it's been better, it's been better, we've been mentioning the crowd strike in Palo Alto, but now it's getting what I would call full-fledged. And we'll see what happens. Strong day. Very strong day. And the big names on the move.

I could not say that for a very long time. Even a don't. B looks like it's bottoming out. And that stock has been absolutely destroyed over the last so-and-so. Yields dropped only a little bit today, but oil dropped. Here's the story. The president, again, for the 400th time in four months, he's having meetings about what to do with Iran. If Iran doesn't do this, we're going to do that. You know, what have I told you?

He should not be conducting war by social media. And again, I hope it works out. But if they get any money, big bucks, will be unforgivable. And just remember, we know this very well. we've studied this, Iran will not give up nuclear or trying to. They won't. And I'm still very confused by the president because he told you we obliterated their nuclear and then a week before we went in, he said they got two weeks to have nuclear. And that's my problem with the president. Up next, more on the markets, whatever else. This is the one known.

investors edge. 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.

It comes highly recommended. You're going to feel better if you talk to him. And what once again to Investors Edge. A few other parts of the market I want to discuss. Number one, better tone for the banks.

Not J.P. Morgan though, because as we told you, The CEO went out and said his stock was too high priced. But Goldman, I think, went into new high ground today. Morgan Stanley definitely did. Very weak, though, were like Wells Fargo. Less weak is Bank America and Citigroup. So some big banks will call them better.

I'm looking at Goldman right now. Yeah, that's edge to a new high. And Morgan Stanley looks to be the strongest of them at this point in time. Wells Fargo stinks. We're talking stocks. What else? Crypto. Nothing happened in there.

They were bouncing them early today. Did not finish great. Nothing going on there. We don't tell you what to do. we let you know what we think. And with the crypto right now, it's just in a bearish phase again. It tried coming up to,

you know, like we talk software coming up the right side. Well, that's what crypto was doing. And then it stopped, turned down, and the stair step started going down again. Ethereum is a nightmare compared to Bitcoin, but they both stink at this point in time. We'll let you know if that changes. I've yet to see some

Dower talk on it Usually Dower talk could change the playing field I don't hear the morons That were coming out and saying It's going to be 150,000 by the end of December I don't hear that much now The woman who said 1.5 million by 2030 I haven't heard her in a couple of weeks on that either

and you know what I think of that crap I am no fan of the people you know the people write the books about the big crashes I'm no fan of theirs I'm no fan of the people that tell us the market's going to be up 50%

next year just no fan be careful that type of talk if crypto's going to turn we'll let you know like software turned and the other side also, meaning the other side, going down. Golden, silver, not much going on. We'll go back to January when we said.

I think we had a climactic run and a climactic top, which means it's going to be a long time to get going. Silver's weaker than gold. I will tell you this. Listen carefully. you may want to write this down. The SLV has hit support at around $65 since February, with one visit down to 60, but right back up.

So that 64-65 area for the SLV, there's your big support right now. And even bigger as if it took out 60. If it holds, eventually it can build up. on itself and go from there. The GLD, that 400 area. Mui Importante,

the GLD 400. A break of that, it's already been rough. A break of 400 on the GLD, we're talking longer-term consequence. On the gold miners, a little bit different because you have differing stocks

that move the gold mining indices. I can tell you we hit a low of 78 and three quarters in March, hit a low of 85 in early May, and just recently hit a low of 84, we're back to 89. So I don't have a great number for you. Let me just state for the record. I don't think you want to break below 83 right now.

A break below 83 for the GDX will be talking about some. potentially on the longer term side. So not much going on there right now, and this is normal. They've had a big run. And silver especially, a classic climactic run.

They don't happen often. That one was classic. And since it doesn't happen often, we kind of knew that was a sore thumb. And that's when we said to you exactly what we're telling you now, it's going to take months. It's going to take a while. And that's what's going on.

Foreign markets, South Korea and Taiwan, because of the move in semiconductors and the like. China still piss poor. Huge difference. Go look at the FXI, which is mining the new yearly lows, while the EWI has, well, looks like some of the semiconductor stocks. Quite amazing. So you've got to be country specific also at this juncture. Advanced declines.

Had some real good days. Today was flat. New highs have picked up. New lows have contracted because of the market. We would avoid the oils. at this juncture as most, most have topped or broken support near term, but we obviously have to state if war breaks out again and oil prices spike again, that's a horse of a different color.

The USO just went from 160 to 129. It's a good drop. And as we said to you, in the next few days, five to 10 days, you'll see. it at the pump. At least you should. And of course, they move it up quicker than they move down, but at least we'll get that. But back to the big story, software. Big move today. Big names on the move as well as middle size and smaller names. It is definitively part of the good side again and really stamp of approval today in the move today started with oracle yesterday the rest followed Oracle and again I got to tell you I was cursing myself out I don't like buying off lows

we like leadership here but Oracle breaking above that 200 yesterday with volume and I just took a pass up 10.8% today dummy Hey, you live, you learn, you try to continue to do better, especially in my business. Anyway, again, I'm already getting emails from people about what happened at the close today. There was a reshuffling and I got to figure out that word. I'm sure somebody's going to listen to this show and email me what the word is. Darn, I forgot what it is. I'm in the business how many years and I can't remember the word.

Very good, Gary. Anything else? There's been a better tone off of consumer stocks, but nothing fantastic. In other words, they've rallied. We mentioned to you, Delta as the strongest airline, Marriott, strongest hotel, Viking, strongest cruise line with the other cruise lines. are just weak, but we'll see. Marriott was down 10 bucks today. The hotel group got hit today. I didn't see any news. If oil keeps coming down, that'll be a help. There is nothing bad about oil prices coming down and yields coming down unless it's predicting a recession. And I can

promise you, the market will know about the recession before we do. And with the markets doing what it's doing, there's your answer. Markets have crumbled before every recession in the past. 10 out of 10 times or 100 out of 100 times. That said, we still very much worry about the debt. Up next. And we'll figure it out. I'm Gary.

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! Investors Edge. With Gary Culper.

And welcome once again to Investors Edge. Thanks for being with us today. for those that don't know us when you hear us talking politics we have no bias we just want you to remember that it just so happens

the Republicans have the House and Senate and the White House and Donald Trump's the president so we compliment when they do well we rip the stuffings out of them when they lie, cheat steel and all that. We did it to Biden with his corrupt family. We have no bias. We lost all love or like of any of them and 39 trillion of debt, 1.2 trillion go into interest every year because of all

of them took any of that away. And just remember, in 2016, Donald Trump told us, Oh, he's going to be able to get rid of the deficit immediately. Oh, I'm going to knock the dead out immediately. And what did he do? Like any other politician and president went on to spend like crazy also. So we just have no love. We just want you to remember that. There should be a third party, the no love party,

because they're all, look what they've done. You had Biden open the freaking border up without vetting, flying migrants into cities at three in the morning costing cities millions if not hundreds of millions of dollars. And his family corrupt and then he pardons them. Here comes Trump does the fabulous thing and we still compliment him. You need to close a border. And he's done that. but then, and of course, the laundry list of things that piss us off, starting with the debt and deficits.

And of course, tariffs that he tries to tell the world are paid by other countries, which is a lie. It's paid by us. The socialist Trump also. the tariffs hurt the farmers, he takes our taxpayer dollars and paid them off. That's socialism. Buying into companies, socialism, self-dealing, go look at what his sons have done, taking positions in companies and getting hundreds of millions of dollars of money,

our taxpayer dollars, to fund them. And I can go on and on. but at the same time we'll stand right by him and wish them well we want great things to happen we do but we got to call them out why

because the left will not call out the left the right will not call out the right the left only pisses all over the right and the right only pisses all over the left and it gets us nowhere they defended Biden like crazy when he was the worst ever. The left

and the right ripped him every day. The left rips Trump every day. And the right defends him no matter what he does or says. So we get nowhere. Oh wait, you know where we get? $2.2 trillion

overspending and a lot of corruption and self-dealing. And insider trading. And what does that have to do with the economy and markets? These people are running the freaking country. We're supposed to trust them. We're supposed to love them. Be happy with them. Compliment them. Can't. And just remember, we take no joy in any of this. So those that are

new to this show, that's who we are. And I can tell you we have converted a lot of people that are tired of both sides. But there's never going to be enough to do a third party to ram them all out. And I've said before, it almost feels like they curse each other out in front of the camera and they're laughing,

you know what's in popping champagne in the back rooms. But we don't think that's happening now. We think there's serious hate going on in both parties. serious hate these days and long time ago

it wasn't like that and you can blame whoever you want to blame or not that'll be up to you maze over artificial intelligence did the job it was the semis

in artificial intelligence stocks Now the software's coming on. We hope to see some other areas, but I have to tell you there's still a ton of areas. Not in shape. A ton. Not in shape. And we'll keep telling you about them. We think most retail stinks.

The housing and housing related stinks. The consumer staple stink. Tobacco was acting well. It looks like they topped. Restaurants. No go. a lot of financial stocks in bad shape. A lot of insurance, economically sensitive,

bad shape, casinos, bad shape. Better action in airlines, cruise lines, hotels, but not to the point of me like, like, whoa, truckers, good shape, but they're starting to get the rails. And that's a bad way. but as I started the show big time, software, and we'll be harping on it going forward if it continues. They had their day in the bear.

The bull is picking up. And as we tell you, if anything changes on that, we will definitively let you know. You have a great weekend. drive carefully. When you get home, do like we do. Quite simple. Make sure you hug your family, hug your children. They will feel better. You'll feel better. I promise. Stay well. Be well. You'll take care of yourselves. Have a good night. This has been Investor's Edge with Gary Coltbaum on BizTalk. To listen to past episodes or to get

in contact with Gary, go to GaryK.com. That's GaryK.com.