Investor's Edge with Gary Kaltbaum - Such deals! [07.07.2025]
Episode Date: July 7, 2025https://garykaltbaum.com/...
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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 welcome again to Investors Edge.
I'm Gary Coltbaum, your host.
A thanks for being with us today.
Glad you here, ladies and gentlemen.
Happy that you are listening.
It is Monday, the 7th of July, 2025.
Hope you had a good July 4th weekend.
As you know, I was in London for the week, working and a little bit of Wimbledon, flew back July 4th, got in late at night.
So I didn't really see any fireworks.
Actually, at 1 a.m., on my apartment in New York City, I saw a little bit.
July 5th was one year birthday of my grandson, Reese Daniel.
and now I'm back in Florida this week.
Oh, I saw my father.
It's going to be 94 in October.
And I'll be flying back up there later this week.
Welcome to my world, ladies and gentlemen.
Ladies and gentlemen, there's so many aspects of life.
Yeah, I know.
You know, we are a product of our decisions, choices.
What we think about, how.
we think our memories. I was watching for a long while these floods in Texas that killed,
I'm hearing upwards of a hundred, many children that were camp. And I was just thinking,
I went to Camp Blue Star in Hendersonville, North Carolina.
And as I am watching these stories, yeah, at least 100 now,
these kids were just in camp.
I remember camp like it's, yes, I love camp.
I'm just sick over this.
I'm sure everybody else is.
It just hits you.
Little innocent.
kids at camp,
frolicking around, having a good time,
and all hell breaks loose.
We're hearing that the water rose like 30 feet.
And they're bracing for more flash floods.
I did not know.
You know, you learn things that this is flash flood alley over there around San
Antonio area.
I've only been San Antonio,
few times. So I didn't know that, but I have to tell you, it affected the hell out of me.
You never know what's going to hit you. It really affected the hell out of me. And man, oh man,
our prayers and thoughts go out to all. We're hearing stories of heroism.
People being saved, people risking their lives, saving others and then dying.
All right.
Just had to start with that.
So today the Dow was down 422.
It was down.
Let me get the number right.
The Dow was down 422.
At one time today, the Dow was down 44 once at 180.
uh excuse me of 44160 670 uh the s mp down 49 nasdaq 188 nasdaq 108
101 the socks 105 uh transports 235 advanced declines were real crappy today
Strengthen gold
Which was weak early
But strengthened throughout the day
Because markets going down
Gold goes up
Lots of red
There was some strength
In some names like DoorDash
Carvana
Palantir
Uber
But believe me
There was not many things that were up today
I don't want to
spend too much time with it
but I have to call out what needs to be called out.
We heard from this administration six, seven, eight, nine weeks ago that all the countries were dialing off the hook, calling them up to do deals, this, that, and the other thing.
I believe the president even quoted, they're kissing our arse.
Yeah, I do believe that.
did say that. Well, fast forward. Supposedly the pause was only to July 9th. Well, of course,
they extended it to August 1st. But in the meantime, announced today were 25% tariffs on Malaysia,
South Africa, Japan, South Korea, and Kazakhstan. I don't know how much trade we have with
Kazakhstan and not to belittle them, but just letting you know, I'm going to be careful.
with my words, they're just politicians, this administration. And you know what politicians are, right?
They play a lot of three-card money. Joe Biden with the border secure. Donald Trump with,
we have deals up the wazoo and they're calling us. Well, all of a sudden, not everybody's calling them.
And today, I think we were going to pull back. We got extended.
I gave you the example, Goldman Sachs.
Goldman Sachs goes up $85, $90 in less than three weeks.
That's not normal.
So you get pullbacks, but we started selling off more as he announced the tariffs.
This is just one man's opinion, my opinion.
They think they're omnipotent.
They think they're geniuses.
I must tell you, I don't think they have an understanding.
of economics and tariffs.
And that goes from Scott Besant, the Treasury Secretary,
who everybody says is the smartest, greatest genius of all time,
which may just be right.
They don't have a clue when it comes to tariffs.
And I hope, I hope, this doesn't get out of hand
where they crush the markets again.
Just remember, they hurt the markets
and then crash them.
10% drop in two days.
That was on top of a drop.
They had to pause because they crashed the markets.
They made up the BS that the pause was because of that's BS.
They were forced to and then quieted down.
Now it's getting louder.
And I'm worried that they think they're absolute genius.
the people that are in the tank give them cover by saying,
told you the tariffs won't hurt.
Well, that's because they got rid of them
and gave exemptions up the wazoo.
Do you know me exemptions they gave on tariffs?
I have no idea how this plays out.
I'm just reporting to today.
Kazakhstan, South Korea, Japan, I think those two matter.
South Africa, I get, and Malaysia.
I don't know what's next.
There have been no trade deal so far, just frameworks.
I believe the UK, maybe the EU, and China didn't even go anywhere.
They did a couple of things.
So remember what we told you about overselling, over-promising, under-delivering.
I'm rooting for them.
I'm not Trump derangement syndrome.
You know that.
I have complimented him on a dozen things.
I have a love-hate relationship with them.
If he goes back to the tariffs again, like he did on Liberation Day,
the Dow closed at 44-4.
We'll see about 41-40.
And that's the Dow.
So let's hope these five are just a warning shot across
the bow. Up next, we'll put a bow tie on it, do the rest of the market. Other news of the day.
This is the one only Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show
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Hi, I'm Dr. Jake Goodman, host of Beyond the Script,
the podcast where I sit down with pharmacists to answer the health questions
you didn't even know you could ask at the pharmacy counter.
In this episode, we are diving into gut health with CVS pharmacist,
Victoria Motola, who explains why so many of us live with stomach issues we should not accept as
normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach
ache every time that I eat and it just becomes like a lifestyle where, oh yeah, you know, I just
have a stomachache every day or I'm constantly feeling like gassy. And all of those things are not
something that generally if you have a healthy gut, you should be living with. So that's when we
deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point,
we can probably identify something that we can change. Hear the full conversation, plus some
fascinating facts about how gut health affects so much more than just your stomach on Beyond the
script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts.
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The last bastion of quality programming with Gary called bomb. It doesn't get better than this.
And welcome once again to Investors Edge.
Let me put a couple little more bow ties on it.
In an interview this weekend, the president said that the other countries pay for the tariffs.
I would wish you would stop lying about it.
Tariffs are paid by the importer, not the exporter.
The importer would be us if we're putting tariffs on them.
Of course, the other country can elect to eat it.
That's when they would pay for them.
but the definition of a tariff is an importer pays a tax on what comes in to our treasury.
At that point in time, the importer gets to decide whether they can put that tax onto the consumer or eat at themselves or cut deals with the countries that are doing the exporting.
In other words, a Walmart can definitely negotiate better than small businesses on this.
I wish the president would stop lying about it.
It's a blatant, bold-faced lie.
And I think he knows it.
Now, does it affect the exporter?
Of course.
Because if, if.
that price hike, that tax, causes people to buy less.
The exporter sells less.
So it hurts them potentially also.
So if Walmart orders one million things, since they're so big,
at $20 at a cost to $1 million,
Walmart who puts it to us at, let's say, $22, and all of a sudden Walmart has to pay $25,
well, certainly they're not going to put it to us at $22.
They end up losing money.
So Walmart at that point in time says it's not worth me buying so many of these things.
So they tell the export, no, we're not going to get as many.
or we're not getting it all right now, we'll put it off for now,
or Walmart says, hey, we're now charging $28 to where the consumer says,
since they're buying less, the exporter is going to end up selling less.
That's it, in a nutshell.
That's it.
That's it.
And I always say, I taught my kids first thing, never lie.
Never lie.
Why?
Because if you lie eventually, possibly you can end up having to cover it up and lie again to cover the lie.
And then if you found out to be lying, you get a reputation for lying and all of a sudden people don't believe you or have to investigate first before believe in you.
Well, anyway, I only think the market today was, I think that.
The 200, 250 points was the tariffs.
But we rally towards the end.
And here's what I'm hoping.
Taco.
You know this thing that's out there?
That all he does is threaten the tariffs and then he pauses or gets rid of them or exempts.
That's what I'm hoping.
I know there's others that say, oh, it's just a negotiating thing.
Well, it ain't working.
We have no deals.
just a lot of yapping
a framework here and a framework there
and why am I bringing this up so much?
Because they crashed the markets once.
They crash the markets.
And I don't want it happening again.
We have this other motto here.
First one never lie, but there's another one.
Never piss on prosperity.
When things are going good, don't piss on them.
Well, things have been going good.
economies in shape, jobs in shape, markets in shape.
And they know, trust me, they know they crash the markets.
They know the tariffs affect the markets negatively.
So why the hell would you piss on prosperity?
I don't get it.
I don't understand.
I wish I had his ear.
Then again, he'd go tell me to go screw anyhow.
Anyway, let's move forward.
A few things.
Number one, we're in the midst of scanning the day,
and we're not seeing any breakdowns because of one bad day.
That's the good news.
Number two is we're seeing some pullbacks,
and pullbacks are normal at this point in time.
Number three is, remember last week we said,
boy, the home builders, economic sensitive,
transports, transport types,
industrials, metals, and things like that.
Boy, it looks like they're all turning up.
Well, guess what is most affected by tariffs?
Just those areas, they got hit pretty good today.
The small and midcaps that had a good week last week,
they got hit pretty good today.
And I bring them up differently than, like I said, Goldman Sachs.
Because Goldman Sachs had a big run.
These stuff areas, I call them, we're just trying to get going.
So they had a very rough day across the board.
Pullback from last week.
Still can't gauge it yet.
We'll see what tomorrow brings.
We do have breakdown air.
I can tell you, insurance stocks are acting terribly.
The managed care stocks are in a death drop.
Other health care areas are.
are not acting too well.
We'll let you know if there's any big changes,
but mostly today, we had pullbacks.
Yet, Carvana up nine, DoorDash up eight,
GE Vanover up 13, Palantir up four, Uber up three.
Uber breaks out to New Yearly High.
That looks pretty darn good.
So there are a few things that really stuck out like sore thumbs today,
but mostly, ew.
What does tomorrow bring?
Don't know.
What does Trump do next?
I don't know.
But it's getting really tiresome.
And sorry.
I know that so many are a fan of the Treasury Secretary.
I'm not going to say I'm not a fan because I know he works for the president
and has to carry that water.
But they're all getting tiresome to me.
All of them.
Remember what I said.
low taxes, less regulations, strong on crime, strong on the border, get the hell out of the way.
Well, they're in the way.
Up next, news of the day, more on the markets.
This is the one only investors edge.
Hi, I'm Dr. Jay Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy.
counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola,
who explains why so many of us live with stomach issues we should not accept as normal.
A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach
ache every time that I eat and it just becomes like a lifestyle where, oh yeah, you know,
I just, I have a stomachache every day. Or I'm constantly feeling like gassy. And all of the
things are not something that generally if you have a healthy gut you should be living with.
So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication.
And then at that point we can probably identify something that we can change.
Hear the full conversation plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio.
Listen now wherever you get your podcasts.
Going to see up close, make it visible with Viz.
Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours.
The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer, dark vision, headaches and eye redness.
Talk to an eye doctor to learn if Viz is right for you.
Learn more at Viz.com.
Cashflow crunch.
OnDak's small business line of credit gives your business immediate access to funds up to $200,000, right when you need it.
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Apply today at on deck.com. Funds could be available as soon as tomorrow.
Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank.
On Deck does not lend in North Dakota, all loans an amount subject to lender approval.
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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 Coltbaum.
I'm highly recommended.
You're going to feel better if you talk to.
Welcome once again to Investor's Edge.
And I always feel like I got to do the disclaimer on the president
whenever I'm hitting him.
Love what he did at the border.
Love, love, love, saving lives.
Love his backing of the Jewish state
when Joe Biden gave Jews the middle finger
and did nothing about what's been going on.
The anti-Semitism and what's happening at the college,
love what Trump is doing.
there really love a lot not all a lot a lot a lot of the foreign policy and the Abraham
Accords which I think more and more is going to come from it love I love that he's
tough on crime I love the the low tax bill I love that he kept taxes down and
and added a few more tax cuts.
Then the hate part of the bill is the,
they lied about the debt deficits in spending.
There's your love, hate.
We'll keep you up to date on it, ladies and gentlemen.
We mean business.
I got to ask the big question on Berkshire Hathaway.
Look how we segue.
So in case you don't know,
Berkshire Hathaway is broken the 200-day moving average.
It's gone from 542 to 478 since early May.
And I get a lot of questions from people that I guess have owned it for a very long time.
And you know what the question is.
Should I sell now that Warren Buffett isn't going to be running the place anymore?
I got to tell you, that is a damn good question.
I don't own the shares.
I don't even, I don't know what to tell you.
but I treat every stock
kind of sort of the same way
I look at them and see how they're acting
recognize whether it's a bull or bear market
and then deal with it
that's how I do it
of course there are extenuating circumstances
I do not play around with no sales
biotex and no sales crap and there's been a lot of there's been a hell of a lot a hell of a lot
a hell of a lot of froth and speculation lately ladies and gentlemen let me state that for the
record i let you decide on berkshire hathaway but leave no doubt
warren buffett's old he's still part of it but how long don't know will the next
guy be good well he's learned under him
I don't have the answer for you.
Watch the stock.
How's that for an answer?
Watch the stock.
It's the best thing I can tell you.
That should tell you most everything.
Berkshire Hathaway.
I want to make note, I just said a bunch of froth and speculation.
How about RGC going from 1 to 83?
It's a no-sales biotech out of China.
I'm not making it up.
It went from 1 to 83.
It's back down to 18.
I noticed this BMNR.
BMNR just went from 3 up to 160.
It was down 29 today to 105,
and it's going to probably go back to 5 or 3 or whatever the hell it is.
I don't know what causes it.
I don't know what comes of it.
I just have to repeat it.
Because I'm getting emails from people about buying some of these things.
And people actually get pissed off when I tell them I don't touch these things.
I have no interest.
And I try to explain this is just my theme on how I do things.
Nothing against it.
Not telling you what to do.
People actually get mad.
It's amazing.
because I say I don't know.
Isn't that just being honest?
Anyway, just letting you know there's a bunch of that going on.
I believe we stated this to you in the last couple of weeks
that it says often leads to pullbacks to wash off the smiles
of the faces of the bulls, wipe out the froth and the speculation,
and there's some crazy crap going on that doesn't get talked about,
but we see on a daily basis.
And as we always say, if you can catch them early,
you can make a ton of money, but don't be the last one in.
There's a lot of that.
Don't be the last one in right now.
I just mentioned just two.
There are plenty others.
So be careful.
I actually get people wanting to know.
And when I say, do you know, how many sales,
they have, I don't know.
They have zero.
And I use my canned line if your daughter or your grandson opened up a lemonade stand and sold
one glass of lemonade, you have more sales.
But people still want to get on it because, oh, it's hot.
It's strong.
And as we told you, the latest ones are the nuclear.
a lot of no sales, the quantum computers, no sales.
There's just a ton of them.
So we just tell you, be careful,
because something go from one to 100
and go back to one before you say boo,
and you won't know what hit you.
You will not know what hit you.
Next, I mentioned the managed care
and I mentioned the insurance stocks.
Well, the insurance stocks as a whole and now bearish.
They're avoids.
They've been topping out recently.
I'm constantly asked about valuation and is it a good value, especially United Health.
I just have thought process.
When companies are in the crosshairs for whatever reason, I stay away.
That's all.
if I see the CFO ever resigned, I stay away.
If I ever see a good short selling report that's understandable, I stay away.
Why?
There's enough good stuff in the market that I don't have to add risk to what I do.
That's all.
And I'm a big believer often where there's smoke.
there will be fire.
So just be careful.
Because the market's been strong.
It's a lot more talked about now.
And that's when I worry most.
I'll still keep doing what I'm doing.
I'll tell you the strength.
I'll invest in the strength.
I'll keep close stops.
When wrong, be wrong fast, be wrong small.
When right, try to let them run
and by the way, that's the toughest thing to do.
I'm always working on that.
That is when going gets good, let them run.
Not easy.
Markets don't make things that easy.
But we are determined to not make the business tougher.
And it's going to get tougher because it's been good.
And it doesn't stay that way.
hopefully the pullbacks are controlled and rotational and what we mean by that is just normal pullbacks into support areas of moving averages and away we go again market's still in shape bad day today not seeing anything really untoward except manage care insurance payroll companies like ADP and paychecks a lot of the oils
but we never mind when the oils are weak.
That tells you oil prices are down.
And anything trading below the 50-day moving average,
anything in down trends, we just stay away from.
They tell us we can't time the market.
They're lying.
They just don't know, never tried, and are lazy.
That's all.
Up next.
this, that and the other thing and whatever else.
This is the one only investor's edge.
Hi, I'm Dr. Jake Goodman, host of Beyond the Script,
the podcast where I sit down with pharmacists
to answer the health questions you didn't even know you could ask
at the pharmacy counter.
In this episode, we are diving into gut health
with CVS pharmacist Victoria Motola,
who explains why so many of us live with stomach issues
we should not accept as normal.
A lot of what I see is just,
just like chronic bloating, chronic stomach aches.
Like I get a stomach ache every time that I eat.
And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomach
cake every day.
Or I'm constantly feeling like gassy.
And all of those things are not something that generally, if you have a healthy gut,
you should be living with.
So that's when we deep dive.
We deep dive into your medication.
We deep dive into your OTC medication.
And then at that point, we can probably identify something that we can change.
Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio.
Listen now wherever you get your podcasts.
Struggling to see up close, make it visible with Viz.
Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours.
The most common side effects that may be experienced while using Viz include eye irritation, temporary dim or dark vision, headaches, and eye redness.
Talk to an eye doctor to learn if biz is right for you.
Learn more at viz.com.
Cashflow crunch.
OnDak's small business line of credit gives your business immediate access to funds
up to $200,000 right when you need it.
Cover seasonal dips, manage payroll, restock inventory,
or tackle unexpected expenses without missing a beat.
With flexible draws, transparent pricing,
and control over repayment, get funded quickly and confidently.
Apply today at ondeck.com.
Funds could be available as soon as tomorrow.
Depending on certain loan attributes, your business loan may be issued by OnDec
Celtic Bank.
On deck does not lend in North Dakota.
All owns an amount subject to lender approval.
You're listening to.
What are we waiting for?
Well, what are you waiting for?
One, two, ready, go.
Investors Edge with Gary Culper.
And welcome once again to Investor's Edge.
Because I'm ambidextrose, I'm in the midst as I do this show, I am sitting there scanning.
not seeing any damage from one bad day
just again there's some areas that are bearish
we'll tell you to avoid them
you decide it's your money
I see today is just pullbacks
by the way there are other areas that are
not good there's a lot of retail stocks
not in good shape
at all
just so not everything
but overall I think we're in a pretty decent stead
looking for more and more
more opportunity. And as I said from the outset, there's some good action today in the midst of
some lot of bad action, just a few sore thumbs today, which could be meaningful. I mentioned
them at the outset of the show. And again, if anything changes, we'll let you know.
My really only worry now is President Donald Trump and his tariffs. I think this market is
acting just fine. I think the only thing that can undo it near term is him and his tariffs.
And he decided to let some out of the bag today. And I heard there's like seven more maybe,
pissing on prosperity by taxing the United States of America, make America taxed again.
Ooh, I'm going to get emails on that one. And by the way, before I get the head,
hate mail. We're all in this together. And I'm right and he's wrong. Just letting you know.
A market crash said so. When you do your scans tonight, Newmont mining, a couple other
gold stocks look like they're about to break out. Just let you know. Gold, which was a little
on the icky side held the 50 day today. And the miners are stronger than the metal.
And usually when that happens, that's usually good news.
So just letting you know.
Newmont mining, symbol NEM, KGC, look ready for another move.
How much don't know?
They have to move above range for that to be meaningful.
If they don't, then they don't.
Bitcoin range bound was down a little bit today, but no biggie.
held the 50-day moving average like a trooper
in the last couple of weeks
and then back to the big indices
versus the small and the mid-size
I would just stay with the big
and I do know
that the small and mids had a better week last week
but any down day
it was not a good day today for them
it tells me on a relative basis
stay with the big stuff
simple as that
will they have their day again
hell yeah
by the way
the Japan market
and the South Korea market
got hit today
on all that news too
I don't know if there's a Kazakhstan
market out there
I'll check out Malaysia
in South America in a little bit
but overall
I think the only thing that can
clip the market is the president at this point in time
It's been Teflonish.
Yeah, I just made up a word Teflonish.
Even though interest rates have ticked up a little bit,
even though he's been screaming at Jay Powell,
markets ignored it,
and just been acting fine.
The AI trade is back at hand.
Even the sluggish Nvidia broke out of range
to new highs.
other AI stocks like Broadcom and Taiwan semi, which were down today, they came to life again.
Be careful the crap, though, in AI, though.
There's a lot of that crap, unfortunately.
And by the way, the market will uncover the crap.
That's how it works.
I promise.
The other most asked about stock is Palantir, which has been under pressure, but was up four and three quarters today.
of nowhere. It remains range bound also and a tough stock to play. Very popular stock though.
Remember, markets a popularity contest. We look for the most popular. And usually there's a reason.
We don't go with the most popular with no sales though, as we said. We do not screw around
with froth and speculation. I can promise you that. The other thing that can understand
undo the market, but hasn't.
Interest rates have started to tick up again.
Will there be a day?
Maybe.
But as of now, we're at 4.395, so we've ticked up some.
You know what that means?
Mortgage rates are going higher.
Not good news.
But all prices have come down.
Good news.
Housing market still stinks.
becoming more and more buyers market.
People in Florida are still putting up prices
at Fantasyland prices
and six months later have to lower the prices.
I don't know if it gets really bad or not.
Not in that camp like 08,
but certainly I think there can be some more problems.
And where are the problems?
Go look at the areas that have the most inventory
being added on a daily basis.
That's how it works.
The more inventory,
the easier prices are come down
because the sellers have to compete for you.
In a buyer's market, you have to compete
against the next buyer and keep paying up.
That's all changed in most areas.
I can tell you that's what's going on
in central Florida right now.
And that's that's that.
all right you'll have a great evening uh 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'll feel
better i promise they will be well have a great evening all till tomorrow bye bye
this has been investors edge with gary cult bomb on biz talk to listen to past episodes or to get
in contact with gary go to gary k dot com that's gary k dot com guys it's no
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