Investor's Edge with Gary Kaltbaum - Split Tape [10.29.2025]

Episode Date: October 29, 2025

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That's Tommyjohn.com, CodeCompert. Tommy John. Comfort perfected. Investor's Edge with Gary Coltbaum. 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 Colbom, your host. A thanks for being with us today.

Glad you here, ladies and gentlemen, happy that you are listening. It is Wednesday, 29th, October, 2005. Hope you're having a good day. I'm kind of sort of losing my voice, but I'm here. And ladies and gentlemen, we have a lot to cover. So as you know, we do markets here, and we pride ourselves in guiding. And what we mean by that is, every now and then, you have a crap load of stocks heading south on I-95, and at the same time, a crap load of stocks heading north on I-95,

meaning a very split tape. And if you're in the wrong areas, you're falling way behind. It's the best way I can put it. And in the recent past, we have highlighted for you those areas. Without any agenda, ulterior motive or bias, except to stay out of the bearish phases and try to be in the bullish phases. Stay in the bullish stocks, avoid the bearish stocks. And sometimes you get what we call sore thumbs. And what that means is they stick out big time.

And I'm just letting you know in this market, the sore thumbs are doubly sticking out big time both ways. Good getting gooder, bad getting better. So we're going to go with that first. But first, this is Investor's Edge. serious talk on everything that affects you. We'll do the markets, the economy, your job, your industry, and from what we hear, there's less jobs out there. And we'll explain that in a second also.

And we'll do all the kinds of other things that irritate the hell out of me. 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 if you don't follow us and actually should. We'll post it on the YouTube channel of Biz TV and other podcast. And if you'd like to email me, you just got to be nice. So, where the heck do I start? Jobs, we have told you on this show for a very long time.

If you do not own and you work for others, it is incumbent upon you to make yourself indispensable. make yourself that person that the ownership depends on, knows they can go to you because of your hard work and your expertise. The go-to guy. We have said that for many a moon. Why? Because we believed years ago, years ago, you know how this talk of DEI? We always thought that was a bunch of bull crap. When we say that, we mean very simply, who to hell wants to hire people that they can't depend on, that they're just going to hire people because they fit into whatever template it may be. I was always taught, reach for the stars. I taught my kids.

reach for the stars, not for the sidewalk. And I am a big believer that most companies care a ton about having the best people. We hope you listened. Separate yourself and move up the ladder. Upward mobility. But something's going on right now that we do think matters. and we're just telling you about announcements. Here's one.

Company called Amazon. Amazon. They are letting go of many. Job cuts that people say will drive $6 to $8 billion in savings. as many as 30,000, a current base of 350,000 corporate employees. 30,000. It's a lot. And they are not alone.

We're not sure how much of it is the AI, but we are hearing some saying AI, artificial intelligence, robotics. So now more than ever, make yourself indispensable. And I say this because of two stocks I follow. Two stocks that I follow. ADP and paychecks. In case you don't know, ADP and paychecks, are outsourcing services to employers and professional organizations. They do payroll and plans. And all I can tell you today,

ADP dropped $18.41. Down 6.6%. You ready for this? To a new yearly low. ADP. Paychecks was the weaker of the two down 5.36% to a new yearly low. Bare markets for both, we have been telling you to avoid these two names for months, and they're tracing out classic bear market patterns,

and we do believe it has everything to do with jobs. so make yourself indispensable learn your business like you're the owner of the business work a little harder work a little bit longer work a little bit smarter that's my advice advice we've been giving for a long time but we think especially now

because we think there's going to be be a move afoot for less people, more technology. You already see it at fast food place kiosks. You already seeing that. Good luck to everybody. Next, the markets. So we just want to start out by saying to you, well, we've been telling you to avoid. avoid. What have we been telling you to avoid? Housing and housing related. Consumer

staples, food, beverage, tobacco, household products and alcohol. Exchanges like the CME and the CBOE. A ton of the retail, not all, but a ton of the retail. Insurance stocks, restaurants. As of recent, we have been warning you about travel-related, including, and we even name names on Royal Caribbean, the strongest cruise line completely breaking down. By the way, down another 13 bucks today. Miscellaneous financials. We have been harping on the private equity companies. These are companies that do a lot of mergers and acquisitions like Blackstone, Apollo, KKR, Evercore. Evercore today, which has been a stronger name on earnings dropped $29, 9%. Breaking down. Up next, we'll continue. But then the good, this is 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 complimentary portfolio review. The number to call is 888-4-22-5-59. That's 8-8-8-5-9. That's 888-4-2-2-5-9.

Investment Advisory Services offered through Call Bomb Capital Management. Guys, it's no use putting it off. 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

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. access is subject to change. See Capital One.com 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. It's time to switch on the integrator units and get the brain cells working. 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. So, why are we bringing these areas up?

They worsened today. You know what else worsened today? Our left screen. This is a screen of down and out technology and growth names that have not kept up with all the big stuff and on a day today where the NASDAQ was down 130 bucks was up 130 points I've got

Duolingo down 21 Garmin down 28 S&P Global down 20 Carvana down 8 Expedia down 5 you catch in my drift this is my left screen auto desks down 14

F5 network is down 8 something called guide wire down 13 into it down 22 MSCI that was a big on earnings yesterday right back down 26 today service now down 26

this is today this is today this is today while the NASDAQ was up 130. How can that be? Broadcom up 12, Nvidia up 6 and a half, Palantir up 8, Sand Disc up 29, KLAC up 43, it's a $1,000 name. You catch in the drift? The big stuff. So the band's playing on. And the other part of the equation also that I can't emphasize enough. They are crumbling, crumbling. These names in these areas that are bearish. Oh, by the way, waste management also.

Classic bear market. And when we mean crumbling, Kava Group 172 to 60 in 12 months, and that was a hot stock. And you're ready for this? Consumer staple stocks that are really not supposed to hurt. Colgate 110 to 75. Just for instance, Clorox 171 to 110. General Mills,

I got to go back on General Mills. That topped out at 91. in 23. It's 46. Almost 50%. Housing-related. They topped out. We actually liked them, and then we told you, we thought it topped out, and they've been doing nothing but going down. Winston in the background. Lululemon, 423 to 170. Holy crap. So we hope you are listening. also some economically sensitive names that are not artificial intelligence related. That also. So just letting you know, it is about a split tape as split can go as we're in the midst of earnings season.

And boy, there was some jello moving on the plate today as far as earnings. You're ready for this? Caterpillar earnings down, up 61 bucks. Seagate up 43, Terradine up 30. I mean, wow. Some big movers on gaps to the upside. Guess what? Plenty of gaps to the downside also.

Split tape. If there's anything we do for you, we keep you out of trouble. You ready for this? Today, fair eye. Isaac down 100. AutoZone down 93. Something called Stride, which is education, down 54%. This was a new high in August at 171, closed at 70. FISAV, down 44% today, has gone from 238 to 70 since February. Cavco Industries down 53, mobile manufacturers. Tyler Tech 32. How about? this one, you ready? Verona Systems, whatever they do, right? Down 48% today, off of a high, down 31 bucks to 32 bucks. And I can go, Garmin down 29, Evercore is mentioned, down 29,

Clean Harbors, 28, Black Rock, which had been acting well, down 27 and is breaking down after trying to break out. Service now down 25. So wow. As we started out the show, a lot of stuff, I-95 North and a lot of stuff,

I-95 South. You ready for this? In the aftermarket, three big machas of reporting. You wanted I-B-I-95 North? Google, which was up seven today, is up another 17.

in the aftermarket to 291. But meta, which was flat today, is down $57 in the aftermarket. Microsoft, which was flat today, down $16 in the aftermarket. Lot of jello moving on the plate. Those are three biggies, now we're past them. Google, wow. And I got to tell you, they had to tell you, They had this news about seven, eight weeks ago.

It gapped up at around 2.30. And it was based on winning that lawsuit. And I'm thinking, I'm not buying this based on a lawsuit. It's going to open a $2.90 tomorrow if nothing changes. Wow. And I remember I was told Google was left behind in the artificial intelligence. My arse. Doesn't look that way now.

So lots of Jello moving on the plate And as I do my work in the aftermarket It's not just those three I got Carvanna down 37 bucks 10% I got Chipotle Now that's not moving I got eBay

Let's see what that's doing Down 6% in the aftermarket Service Now which was down 25 today And always gaps up up is up 39 bucks but that's been weak. Starbucks, I keep them in business. I got it flat in the aftermarket. And they got problems.

They didn't listen to me. So just, wow, all over the place. And if you want to know again the problem with Starbucks in my humblest opinions, I think they're doing one thing right. They're fixing up some of their stores and getting rid of the money losing stores. But price! people of price conscious. Up next, what else is going on?

A lot. This is the one only investor's 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. 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. 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 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 cousins 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.

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. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him.

So, I always explain this, and I never know if it comes across right, but I'm going to explain it again. Mr. Bubble did his thing today. They lowered the Fed funds rates, his Fed funds rate, from four on the low end down to three and three quarters percent, which means your money market, you will be getting less. And all you've been hearing from people that really don't have a clue, including, unfortunately, the president, think that it's a good thing for the economy. if the Fed lowers rates. And that the Fed funds rates, this is what banks charge each other and lend to each other at those levels.

And it also, the prime rate moves with it and some other loans also. But he's wrong. And if I ever got to meet him, I would respectfully tell him, please listen to me. Why is that? the Fed only controls short-term rates, the Fed funds rates. When they are not printing money and buying up and interfering with the free market, the bond market, which they did and took the 10-year yield down to a half percent, imagine you have a bond market, and when you buy bonds,

and you buy enough, it takes interest rates down. Because if the price of the bond goes up, when I pay for that bond that's higher price, I get a lower yield because they move inverse. So, Jay Powell lowered his rates to three and three quarters today. The 10-year yield went up.75 today. from 3.983 to 4.0588. And do you know what that 10-year yield is?

Your mortgages tied directly to it. Your mortgages. Other cost of long-term capital. Why would long-term capital? long-term rates go up when the Fed lowers their rate because if the free market, remember, the Fed is not the free market, they're the rigged market. If the free market is of the belief that they are no longer the fighters of inflation, just remember, who caused the inflation, Jay Powell did by printing to $9 trillion in leaving rates at 0% for too long

and then him in the trifector of Dufuses Jay Powell, Janet Yellen and Joe Biden told us all are the inflation is transitory and there's nothing to worry about until it went to 9% or 10 or whatever the hell it was if Powell goes too far if the president goes too far and goes too far in the easy money,

that inflation can pick up. And while they're lowering their short-term rates, long-term rates go up. And that's a big problem. Because long-term rates matter a hell of a lot more than the short-term rates. Because that is the free market. That is the buying and selling of investors, traders, and speculators, much of it the smart money based on what they see. And when I say the word smart money, it has nothing to do with Jay Powell.

I take no joy in it. He's a doofus. He's been wrong forever, except in the last year. The fact that he's taken his time, not done much, has been the right thing to do. President Trump has been wrong. I can tell you my opinion, if out of nowhere the president took over and took rates from three and three quarters now down to two,

I think the 10-year yield would jump to 5% or higher. And you want a housing problem then? I'll give you a housing problem. So that's the story. And again, we're not picking on the president. We have given them 8 plus plus for many. things, but we are balls and strikes people here. We have no agenda, ulterior motive, or bias. We want good policy, and when we think it's bad policy, we let you know. And of course, we're now at

38 trillion of debt. We've been telling you it's been bad policy for ages. That neither party give a crap about you. All they care about is spending more, more debt and deficits. They know there'll be the debtor retired when it all blows up. So just keep doing what we're doing. 38 trillion. And that's the story of J-Powl. Update in the aftermarket. Google's up almost $16.

Meta. I don't know what they said yet. That sucker's down $65 in the aftermarket. Microsoft down only about 14. Those are the big three. And if I see anything else, I will let you know. But those big three matter so much to the market. And I believe tomorrow after the close will be and shall be the two big A's,

Apple and Amazon, after the close. That is correct. And those shall be interesting. Apple's been doing better. Amazon's been kind of hanging out. Not hurting too many people. And that was today. What stood out today?

The semis. The AI. Oils were up decently on higher oil prices. But my screen is a lot of red. You're ready for this? With the NASDAQ up 130, advanced declines on the NASDAQ, 1342 up, 3172 down. On the New York, which was down 74 on the Dow.

1382 up, 2977 down. So underneath the surface, not good. But that's why we tell you here, you better be sector specific. When we tell you these are the areas, we mean it. When we tell you to avoid the other areas, we mean it. By the way, the Dow was down 74. Caterpillar today was 390 Dow points to the better. Unbelievable Caterpillar on a 4% drop in earnings. But sales better.

That's a little bit of the day for you. And of course, these stocks will move in the aftermarket. They'll do conference calls. So who the heck knows how they end up. but meta wow I don't know what the hell's going on with that one I'm glad I don't own any right now

it really has not given me any reason to own in the last weeks and we bought some and stopped out about six weeks ago yeah I think we lost a percent or so Zuckerberg will be down a couple of billion today like he cares

And that's a little bit of today. Up next. Got to do a little in the news. Because it's not just Jay Powell. We still have a government shutdown brought to you by both parties. But the blame on this one. And remember, we have no bias. We tell you like it is.

This is on the Marxist party trying to play games with the paychecks of good people in the government. playing games. And you see that some of the flights are delayed right now because of TSA, fewer people. That's on the Marxist party. Why? Because the Marxist party

don't give a crap about you. Their goal is to try and make the other party look bad at this point in time. And the bottom line is, with that is, it's worked in the past, so try it again. Up next, what else we can?

got for you. This is the one only investor's 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. 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 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 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 Spreker makes the whole problem.

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. 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?

What are you waiting for? One, two, ready, go. In The Wester's Edge with Gary Culper. Um, let's forget the other news. I have to bring up something else in the market. One of the areas that have been hanging okay. And when I say okay, they're certainly not riproying to the upside. I can tell you that Bank America is up near the highs.

Morgan Stanley, a little bit near the highs. Wells Fargo near the highs. Less strong will be, and we're talking to big banks, obviously, is Goldman, J.P. Morgan, and Citigroup. They got roughed up a little bit today. They are to be watched by Moire. Big time. And here's why.

Because other areas of financials have been gagging. And you don't want to see the banks go by the waste. side. In the financial realm, I have seen brokerage firms, Ameriprise, great company, breaking down. LPL financial, breaking down. Mastercard and Visa act terribly. Though I think they report soon. I've got to double check that out. I'm checking out as I speak. MasterCard's tomorrow, Visa. Visa just reported and the market's not thrilled. The private equity companies have been smashed. Some of the smaller names that you've never heard of.

You ever hear of, hmm, a company called Broadridge. It's gone from 271 to 220. Blasted financial services. I already told you about FISA. That's financial, not a bank, but payments of financial service technology. Classic bear market. I saw another one today get whacked. PJT partners down 13 bucks today, breaking down today.

You haven't heard of them. And then Black Rock, which has been acting stellar topping out. Blackstone already been gone. The regional banks. Ew. So if they come after the... And by the way, it's normal to hold up the big banks.

It's normal for the big banks to go last. We hope they don't go. But I had to bring that up because they waffled a bit today. Goldman was down nine. Citigrouped down a couple. Goldman's almost an $800 stock. So that's of note.

So I just wanted to add that in besides the other news of the day, which is the government shutdown by these miscreants. And you know what I think of all of them. I'm so tired of them. It's not even funny. I have absolutely no respect or any love for any of these people today or past. And I do know there's some good people there that have tried, but they're drowned out. They're drowned out. I know that.

A Rand Paul has been trying to get things done forever and drowned out. Trump won't even invite them to the White House now. Imagine that. You care about debt and deficits and the president don't want you at the White House because you care about the debt and deficits and you don't like the last spending bill. Think about that. That's what's going on. and I am in hopes.

The end game ain't what I think. Ain't what I think. By the way, Donald Trump did email me. Trump chose you. I know you're ready for this. There's a reason your name came across my desk multiple times and I would be a fool to ignore the signs.

After reviewing your profile, it's a one of those blasts to everybody. After reviewing your profile personally, I have officially informed my team to grant you MAGA Guardian status for your never-ending commitment to the MAGA movement. This link expires at midnight, except quickly. Let's see. Become a MAGA guardian.

Oh, very nice picture of him. I love the way he dresses, by the way. But it'll become a MAGA. Oh, and then it comes in. When did you realize that you were a MAGA patriot? And then how much do you want to send? In. Politics, baby.

Gotta love it. In other politics, the scumbag who's going to be mayor of New York City, more videos are coming out of his hate of police and Israel and Jews. Just letting you know. Yet, Jews are voting from him. He's leading. I saw a Jewish actor, what's his name, Mandy Patiken, who I think is a fabulous actor. Hugging with the guy who hates Jews. I have no idea what's in these people's brains, but if somebody hates me, hates my religion, hates my home country, hates with a passion, I'm not so sure I'm voting for him. What do you think? So I don't know what's happening there. I do hear that the numbers have been skewing away from him. I still think he's winning, and the hope.

is either A, he sees God and realizes he can't do what he does because if he makes the place unsafe, he's going to be out on his racist ass pretty quickly. Or B, he really can't get anything done because the money spigot in New York City comes from Nueva York. So that's the hope. And by the way, everything I say about him, I'd say it straight to his race. anti-Semitic, Jew-hating, Israel-hating, communist face. But I'm really a nice guy if I had friends, they would tell you. Anyway, you know where I stand at least.

Update. Google's only up like 13 now. Microsoft's only down 14 now. Met is down 60. And again, those are the three that are big influences. We'll see what they do for tomorrow. After the close tomorrow, Apple and Amazon, I'm glad we don't have Powell for another six weeks. And that's all.

You have a great evening, 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.

And just remember again, no agenda, ulterior motive or bias. We just care about good policy and you. Have a great one. Peace out all. Bye, bye. This has been Investors Edge with Gary Coltbaum on BizTalk. listen to past episodes or to get in contact with Gary, go to Garyk.com. That's GaryKK.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 stretched 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 Capital1.com for details.