Investor's Edge with Gary Kaltbaum - TECH, TECH AND TECH [01.10.2024]

Episode Date: January 10, 2024

https://garykaltbaum.com/

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your host. Hey, thanks of being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is January 10th, Wednesday. That's my Keys, 2003. I hope you're having a good day. Got lots to cover, lots to talk about. As always, this is serious talk about you and everything that affects you. And it used to be just the markets, but then the interlopers got involved. The Fed, the corruption in Washington, D.C. On and on and on and on.

We'll go through a little bit of that today, as usual, because it keeps bubbling up every day. But of course, we talk markets and all we try to do, serious talk. Little comedy injected, though we haven't had comedy lately because You know what's going on. You can email me. Just be nice. And again, if you don't get this radio show in your city, you just go to garyk.com. We'll post it there.

We'll post it on our Twitter feed, which is now X. And if you don't follow us on Twitter, you really should. And all that crap. So yesterday we started with markets today. Let's do some news because some things. stuck out and you know when i do news i am really whining complaining but i'm not whining complaining for me i'm whining complaining for you to protect you that's the goal there's so much how do i put this there's so much in the way of if you're not careful you can fill in the blank

so i want to start out with i saw this crypto girl on tian TV today. And when crypto was in the basement, she was smiling. Everything's great. When crypto rallies, she's smiling. Everything's great. When crypto's back in the basement, she's smiling. Everything's great, and it's all going to be this and it's all going to be that.

I just want to let you know, she went on TV today and just total bull crap. And I'm not naming names. I'm not going to explain what the story is, but I just want to let you know. I as a registered investment advisor have no fiduciary responsibility to buy Bitcoin for my clients. She was talking fiduciary this and fiduciary that. That's number one. Number two. There is no guarantee just because an ETF comes out for Bitcoin. It's going to go to the moon and billions and tens of billions of dollars are going to come in. Maybe it does. Maybe it doesn't. We just want you to remember, it's in a bullish face. now and maybe it goes to a million like some's predicting and you never know because bubbles or bubbles

just remember there's nothing backing it there's nothing there they came out with 30,000 coins most of them are zero and a few were left I don't know exactly the numbers but most of them that even have a price don't even trade Bitcoin Ethereum and a few others definitely the grand poobaz And again, we let you decide they're in bullish phases right now. In case you don't know, they already have the GBTC, which trades, kind of not in concert with the price of Bitcoin. It's been at a discount for a while. I don't know if it's played catch-up. We just want you to be careful.

We're just letting you know it's still in a bullish phase. And that's that. Next, I do want to let you know that all Alaska Air flights on the 7379, they're can't. at least till Saturday. Boeing came out today and apologized. Gee, thanks. Let me tell you some. The people on that plane are dead if that occurred 10,000 feet higher. Next, Speaker of the House, the new Speaker of House, Mike Johnson. He was out today on TV BSing you and BSing me. I sat there listening to him saying, oh, we're going to look for cuts here and there. We're going to look for cuts, cuts, cuts, cuts.

But he signed off on Biden's $6.4 trillion and $2 trillion deficit deal. So he's just another in the soup, another BS artist. There's a couple of people in the Republican Party I actually like. There's a guy named Chip Roy that means business. He actually means business on the debt and deficits. Unfortunately, he gets run over because the other politicians hate that. Or if we cut spending, that kind of hurts us. You know, if we spend a lot, we look good.

So just letting you know the Speaker of the House lied on TV today about his intentions and what he's thinking about and he was talking in circles as usual. Next, I do want to let you know. the ex-president Donald Trump will be on Fox News tonight in a town hall at 9 p.m. And may I state for the record, he's quite lucky. I am not there asking questions. He would not last the hour. He probably wouldn't last the first five minutes.

Because you know me, I would ask some questions that would piss him off like there's no tomorrow. Next, do you know who Andy Cohen is? He's the guy that he's the housewife guy. He invented the housewife thing. And I'm proud to say I've never watched 30 seconds of any housewife shows. Unfortunately, I do see like commercials for it and you want to vomit when you watch them. But I mean, they have great ratings, I guess. And my claim to fame is I was at the Orlando airport.

I was on my way to London and taken Virgin Atlantic. So I'm in the Delta Lounge. And Vanderpump, is that a name? The woman Vanderpump, Lisa, was there, and she carried this little doggy with her. What do you, a peek in knees? I don't know, with a husband. him as we were in the elevator. And, hey, good afternoon, good afternoon.

I had no idea who she was. And that was really the whole conversation as we walk out. My wife hits me in the shoulder. Don't you know who that was? I said, no. That was Vanderpump. I was like, Vanderpump, what the hell is that? It's one of those housewives.

Well, there you go. Anyway, so Andy Cohen was on, I don't know, the today's show today. And this is for each and every one of you. Ladies and gentlemen, listen to me carefully. There's a lot of scams going on right now. One of them is where with the AI, they will get the voice of your son or daughter or relative that they've been kidnapped, they've been in a car accident, and money needs to be sent. Those are scams.

What you need to do when you get calls like that, go just realize, think scam first and foremost. Take 30 seconds out of your time and make the call, and you will see. There's a ton of that, but there's also a lot of banking scams now. What they end up doing is they send you emails and it really looks like it's from them, but when you'll see in the email, it really isn't from the Bank America or wherever you bank. And they are good at it. And they'll set you up and they'll have a phone call forward it and you'll be on the phone, supposedly with the bank. you are not to give any information over the internet or over the phone to anybody about your credit cards, your banking information, your Social Security information, nothing.

What I want you to do is assume it's a scam even if it isn't because you have no risk if you assume it's a scam. And Andy Cohen, he wouldn't say how much, it sounds like he lost a crap load of money. a craplone. I really appreciate him coming on and telling everybody what happened. That's what we try to do here. Don't trust anybody. The IRS is never going to email you that you owe money. You got that? They're never going to call you that you owe money. What the IRS will do, you will get a letter from the IRS in the mail. And what you do at that point is you make sure you call up the right IRS. Contact the right IRS and then go about it. You need to know these things because there's so much bad out

there. If somebody calls you and say you won the lotto, but you need to send $4,000 Western Union to somebody in Boka, it's a scam. You need to know that. If you're at your temple or you're at your church and somebody

walks up to you and say, hey, I am a diverter. I buy food or cigarettes in Maine, I sell them in California. I make 70% on my money. And since I like you so much, I'm going to cut you in. It's a scam because it's simple. I'm a nice guy. But if I know I have a business, I can make 70% on my money. I'm not cutting you in. You got that? So I just, thank you, Andy Cohen for doing that. It enables me to come on here and talk to you about it. Don't get caught up in scams and you know what's going to happen i'm going to get a bunch of emails from people tonight telling me yeah it happened to me up next a little more news the markets everything else i'm

gary this is the one only investors edge hi i'm gary call bomb 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 888-422-559. That's 888-4-22, 5559. That's 888. 422. 55559. Investment advisory services offered through call bomb capital management. Allergy season always has a way of sneaking up on you when you least expect it. One minute you're listening to your favorite podcast. You're locked in hanging on every word when bam! A surprise bonus episode drops. Brought to you by allergies. The itchy, watery eyes hit nonstop sneezing kicks in. and a runny nose forces you to hit paws. Suddenly, everything is a trigger, the flowers, the breeze. It feels like even the trees are out to get you. Luckily, Kleenex ultrsoft tissues have you covered.

They're allergist approved and silky soft to help prevent skin irritation, so you can stay comfortable all season long. Don't let allergies put your life on pause, especially not when you finally got your cue exactly where you wanted. Be prepared with Kleenex Ultrasoft tissues. For whatever happens next, grab Kleenex. Have them to your cart today. Success starts with your drive,

and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu.

One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say. And she replies with a low... Listen. So we sat there. Listening. That was the first time I learned that quiet can feel full.

Hershey's. It's your happy place. 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. Welcome once again. Well, the Marxist country of California is at it again. We're still in the news because I think it's important. Let me read this to you. wealth tax in California to get its first hearing amid big state budget problem.

A California lawmakers, as California lawmakers brace for a major budget deficit, how can you have a budget deficit when you charge so much for taxes? How does Florida have a surplus and they have no state taxes? Do you know why? Because a crap load of people are coming here because of it and a crap load of people leaving there because of it. Anyway, state lawmakers and a key committee this week are expected to consider a new tax on the richest of the rich.

The measure would impose a 1.5% tax on the assets of Californians with a worldwide net worth of $1 billion as soon as 2024 and a 1% tax on those with a net worth of $50 million by 2006. The hearing is set for Wednesday afternoon. Here is the problem, ladies and gentlemen. They're still into this thing pitting the poor versus the rich, the poor versus the wealthy. Hey, look at what they're doing this. I know you're poor.

We're going after the wealthy, the wealthy this, the wealthy that, the wealthy this. But they have no problem. The politicians go into the wealthy on their knees and saying, will you give us some donations for our campaign? Please, please, please, please, please. Anyway, let me explain how life works. Somebody with a net worth of $50 million. Forget the billion part for a second. Let's say they're worth $100 million.

And they want to put a 1% wealth tax on. you. Here, 1%. Each year, on top of your federal tax, your state tax, that sickening gas tax in California, and whatever else tax you pay in California, you have to give them a million dollars on your assets each year. What do you think that person worth $100 million is going to do, already fed up that they're paying up the $14,000? percent state tax, that ridiculous gas tax, amongst others. These idiots in California have watched a ton of people migrate away. That's how you end up a crap hole. You disrespect your people and their money and their hard-eering business,

and you basically shoo them away. That's what's been going on. These idiots, imagine a billionaire being told because we suck. You have to give us 15 million bucks this year extra. One and a half percent, am I right? Yeah, 15 million bucks. In 10 years, you're going to give us an extra 150 million because we can't balance our books because we suck. What's a billionaire able to do easily? What's somebody with a hundred

million dollars able to do easily? Whole ass out of there. These dopes, these morons, these imbeciles, these Marxists, these status, I don't even know what it words anymore. What was the line? Who came up with the line if you repeat the same thing over again? It doesn't work. There's that that's what these idiots are doing. So I just want to let you know, California is one of the most beautiful states out there, and the people running the joint are just morons. Next, have you ever heard of the Economic Forum,

the World Economic Forum, they meet in Davos, Switzerland each year, and I believe they're meeting in the next couple of weeks. Now, who are these people? Well, a lot of them are politicians. A lot of them are the head honcho top dog big cheeses of the international monetary fund and the central banks and this and that. So they put out their top 10 risk. They poll these people. Their top 10 risks and these are supposed to be money people for the next two years and the next 10 years.

Let me give you the list. Two years. They're number one. I'm going to go one through 10. Misinformation and disinformation. 2. Extreme weather events. 3. Suidal polarization. 4. Cyber insecurity.

5. Interstate armed conflict. 6. Lack of economic opportunity. 7. Involuntary migration. 9. Economic downturn. 10. In 10 years. Number 1. Extreme weather events. Number 2. Critical change in Earth systems. 3. Biodiversity loss and ecosystem collapse.

Whatever the hell that means. 4. Natural resource. shortages, they've been telling about natural resource shortages for the last five decades. I take that back. Centuries. Misinformation and disinformation, adverse outcomes of AI technologies, involuntary migration, cyber insecurity, societal polarization and pollution. What's missing?

Oh, that's right. The massive debt and deficits that these people created. It's amazing. These are the people run in the world and creating massive debt and deficits. And they were asked what's their biggest worries of the next two in 10 years, and not one was the debt and deficits that they created. Hey, Mr. Bank Robber, how do we protect the banks better? Oh, sure.

It's amazing to watch, ladies and gentlemen. And the only way I can tell you these things is because I can tell you these things. Next, Ecuador erupts in civil war with cartel thugs. President orders the army on the streets as crazed criminals, rampage, new cities, with TV stations seized, universities attacked, and jail guards executed following escape of mob boss. Let's go to Quito tomorrow. No, I don't think so. Last but not least, I got to do a little Trump.

And I guess we'll leave off Biden for the day because he's probably taken a nap all day anyhow. Do you believe Trump's lawyers arguing that, and I'm not making this up? Trump and whoever and around Trump, he can hire somebody or do it himself. Murder another candidate as president. If you're president, you can murder another candidate and not be indicted unless you've been impeached. That's their case for immunity for President Trump. Ladies and gentlemen, I really feel sometimes that we are just in this bowl that everybody's watching us, and we're in the movie One Flew Over the Cuckoo's Nest.

The attorney for Trump is saying, as president, you can murder someone and get away with it unless you're impeached. Up next, the markets. Hey, I don't make the news. I'm Gary. This is the one only investor's edge. Allergy season always has a way of sneaking up on you when you least expect it. One minute you're listening to your favorite podcast. You're locked in, hanging on every word when, bam! A surprise bonus episode drops.

Brought to you by allergies. The itchy, watery eyes hit non-stop sneezing kicks in, and a runny nose forces you to hit paws. Suddenly everything is a trigger, the flowers, the breeze. It feels like even the trees are out to get you. Luckily, Kleenex Ultrasoft tissues have you covered. They're allergist approved and silky soft to help prevent skin irritation so you can stay comfortable all season long.

Don't let allergies put your life on pause, especially not when you finally got your cue exactly where you want it. Be prepared with Kleenex Ultrasoft tissues. For whatever happens next, grab Kleenex. Add them to your cart today. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward.

Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu. One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say.

And she replies with a low, listen. So we sat there, listening. That was the first time I learned that quiet can feel full. Hershey's. It's your happy place. 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 With Gary Coltbaum Comes highly recommended You're going to feel better if you talk to him Okay enough of that By the way

Is it amazing Some of the things I can tell you what's going on Is it amazing? By the way, I'm not making any of that stuff up I'm not making it up. It's stunning. By the way, I had predicted that Nikki Haley was going to give Trump a run for his money. And then I kind of took it back because I saw another poll.

But I've got to tell you, New Hampshire kind of sort of matters. And she's within mid single digits on Trump now. Just letting you know. We'll see how it plays out. And just so you know how it works. If Trump blows both of them away in Iowa and New Hampshire, it's over. If it's really close, it's not over. If they're surprised, look out.

A surprise does come back and say people just are done with the guy. The polls, most polls say otherwise, but you know what I think of a lot of polls, right? a poll of 1,000 people. I love when they do a poll of 1,000 people on what do you think of this or that and the other thing? It's 350 million, well, there's 200 and some odd million adults. A poll of 1,000 is a scientific poll they try to tell us. That's the other scam, by the way.

I still remember when it was Trump against Hillary Clinton. and I got another one, Kerry against Bush. Do you know John Kerry? This is true. They were popping the champagne bottles at 5 p.m. The night of the election. Kerry could not lose. The numbers were so wide.

What a gap. Well, the same thing happened with Hillary Clinton and Trump. That night, Trump was just, okay, I'm out of this thing. I'll go back and do what I do. He was surprised as anybody that he won. Because the poll numbers were saying this, that, and the other thing. So anyway, you know what I think of polls. Hey, the market.

So let's do a little bit of, first off, because I'm getting a ton of emails, and Viti is now up to 545. we told you a six-month breakout above 506 could be of import two days later it's 545 that's how these things work just remember they don't come around often these long trading ranges back and forth then they tighten up at the highs and then they finally break out

and invidia just happens to be an important name but what is it done it's brought along technology stocks it's brought along tech I can tell you I'm careful about what we tell you to buy and sell let's just say on Friday

we owe no tech and on Friday we started buying tech again and one of the names were up besides Nvidia we're up 5% and video were up about I don't know

7% in three days we'll see if it lasts we don't know and when we tell you the stock is one of the most important as well it's that's the story and now what you got so you ready we're not going to tell you what's going to happen we're just letting you know and say Microsoft set up to break out to new highs Amazon is and amazingly these shapes straight down straight down to the 50 day right back near

the highs Amazon may break out to new highs Google may break out to new highs meta is already there and Vidi is there Apple has had 3rd Three downgrades, and the only good news it's holding the 200-day moving average and bouncing a little bit. I wouldn't be too excited about that. And just software. Software stocks and Fuego. There were some upgrades and some names like CrowdStrike, and it took along in sympathy other software security stocks.

Arista Network's ANAT, upgrade, and boom. And now other software names are coming on. There's a grouping of about 10 to 15 names that kind of sort of go hand in hand. They're on the move. The semis had a strong day.

They backed off a little bit today, no biggie. But we're just letting you know, man, that move in Nvidia really lit things up. and now if Microsoft breaks above 38430 boom if Amazon takes out 15565 boom and I mean Amazon went straight down straight up the last eight days which doesn't usually happen in a big name

if Google the GOOGL breaks above 14270 new highs and you know we love new highs advanced micro devices above 151 and change new highs. And these are the important names. And I don't know whether NVIDIA was the catalyst or not. I'll tell you what I do know. I don't know if it's by coincidence. It brought a lot of this other stuff around. Now, just a few things, the bearish things we have been telling you to avoid just continue to remain bearish. Oil's had another bad day today. What have we told you? Avoid them. China. And China ADRs, except for a couple of names, avoid them. Anything that's been gaping down like Disney and Nike and things like that, FedEx, avoid. What's held? On this pullback, housing held and housing related popped off the 21-day moving average good.

Some travel-related good. What else have we been telling you? It just ain't happening. Gold. Now, gold not bad. The miners, terrible. And the biggest of the miners, N-E-M, Newmont, South End of a Northbound jackass.

Emerging markets still weak. And some other things. I'm seeing some commodity names getting a little icky and a few others. Very important. One of the things we tell you here, we're not kidding. If you're able to stay out of bare markets, you're so way ahead of the game. And that's what we do. We have decisively defined what bull and bear markets look like, how they act, and how to stay out of them.

We're not whistling Dixie when we say that. You've got to be learning that stuff, kids. Too often, I meet people just in conversation or they send me to look at things. And they own stocks that are down 50, 60, 70, 80, 90%. And how do you end up with 90%? You get caught up in the web. It's the web. Your person tells you, don't worry, it's down 25.

It's happened before. Oh, it's down 50. Don't worry, it's happened before. Down 70. You say, screw it. If it goes to zero, I don't care. That's the web. Don't ever get in the web.

And that's why we're constantly telling you what else to avoid. not just what's working because if we can just do that forget about it we're so far ahead of the game and that's why when we've gone into bare markets for the market guess what we've told you to do

avoid the market so we're going to continue to do our job and work hard with focus and when wrong be wrong fast be wrong small when right try to let them run and boy oh boy that's the tough part I can't begin to tell you a couple of names that I've let go and then

so you work at it that's what you do you work in it you try to make sure you don't repeat the same mistake but it ain't easy money and investing it's not just physical it is so psychological I can't begin to tell you and if you I don't know if you know I think I've said this plenty of times We keep notes, and every now and then we F-bomb ourselves in those notes. And we always go back and read them and hopefully learn from them. Up next, what else is going on? The markets. This is the one only investor's edge.

Largy season always has a way of sneaking up on you when you least expect it. One minute you're listening to your favorite podcast. You're locked in hanging on every word when bam! A surprise bonus episode drops. Brought to you by allergies. The itchy, watery eyes hit, non-stop, sneezing kicks in, and a runny nose forces you to hit paws. Suddenly everything is a trigger, the flowers, the breeze.

It feels like even the trees are out to get you. Luckily, Kleenex ultra-soft tissues have you covered. They're allergist approved and silky soft to help prevent skin irritation, so you can stay comfortable all season long. Don't let allergies put your life on pause, especially not when you finally got your cue exactly where you're want it. Be prepared with Kleenex ultra soft tissues. For whatever happens next, grab Kleenex. Have them to your cart today. Success starts with your drive and American Public University is here

to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU. APUS.edu. One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon.

She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say. And she replies with a low... Listen. So we sat there. Listening. That was the first time I learned that quiet can feel full.

Hershey's. It's your happy place. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In the Gester's Edge.

With Gary Culpa. Dun-da-da-da-da-da. I'm still waiting on Rush to tell me they're going to tour again. They've been teasing it. Nothing yet. I'll be gone for a few days if they go on tour, by the way. But we'll do the radio show from wherever we are. We'll go see them five, ten times maybe.

That's one of those things. I'm not a deadhead. I have a friend of Deadhead that's seen them 200 times, the Grateful Dead when they were, you know. And they've also seen the extensions of the Grateful Dead, even though Jerry Garcia passed. What is it called rat dog? One's one of them.

Bob Ware, I believe, is the name. I said 200 times. How's that possible? You're married, you've got kids, you've seen them too. How do you do that? I just did. Bill Walton, I think, the basketball player's seen him 300 times. A big deadhead.

I don't know. I think the most I've seen is 18. Billy Joel. I've seen him, I think, 18 times. Yes, Genesis, seen them double digits, rush I've seen double digits. A few others. I'm insane. But then again, not really.

Okay. I get a lot of emails from people telling me how we're going to have a recession. That the economy is going to fall off a cliff. I've said to you on this show that I think the economy is on the ledge. but we're not going to go into recession unless we lose the job market. And God bless it, we have not lost the job market. And these people send me some really good stuff. There's this thing called the leading economic indicators that really, if you look at them, you say,

oh, we're going into a deep recession. Then you have this inverted yield curve, which 100% of the time has foretold an upcoming, recession. But it's been inverted now for like, I don't know, over a year at least. And I'm just wondering the inverted yield curve, you know, that's because all the Fed interference and maybe it's not really as bad as, who knows? And then manufacturing numbers stink. Not very good. And then the debt, not just the scum in Washington, D.C., and their debt that they've killed us on, but consumer debt. You know what's going on with the

buy now pay later stuff. It's setting some records. You know, it's the old wimpy. I'll pay you Tuesday for a hamburger today. I don't think that's good news. All these people have in these what are the rooms to go

loans. Buy now and, you know, that just puts people in a lot of debt. Credit card usage is skyrocketed. Savings rates have plunged. So I just think, unless we lose the job market, I think we'll be okay. But if we lose the job market, but I want to give you a little heads up.

And it's an important heads up. And you know, we're not allowed to guarantee anything. We're very regulated. We're very careful with our words. I can safely tell you, listen carefully. If we do go into recession, the market's going to get trashed. Valuations are high. That means earnings are going to come in pretty good.

Job market, more debt, you know, as more and more layoffs come, it'll feed on itself. But I'm going to give you a little, don't worry. One of our major studies that we've done is what does the market do in the lead of to recessions. Let me tell you what it does. It takes a crap and markets top out weeks and weeks and weeks if not months in advance of recessions. We will know it. We will tell you about it. If by the way I start coming on this radio show and saying to you, the rails have topped. The truckers have topped.

Their rails and truckers are breaking down. United Rentals has topped and breaking down. Dow Chemical topped in breaking down. Mohawk Industries topped in breaking down. The transports

of all kinds topped in breaking down. The semiconductors semiconductors topped and breaking down. The financials topped and breaking down. And as we break down, they start going through that process of the bearish phase, then the recession will be coming. That's how we'll know. By precedent, not president, precedent, our studies show every time a recession comes, the market will top out,

quite in advance. So keep that in your mind when you're thinking about maybe I won't listen to Gary tonight. And remember, ain't nobody doing what we're doing. Ain't nobody putting in the time that we're putting in the time. Ain't nobody coming on a show on Friday

and telling you about NVIDIA and what it looks like. Oh, and it goes up 7% in the next three days. And by the way, this is not a speculative $3 stock going up 30% and this is a big cap tech name that has influence. All based on our eyes and what the market tells us and how the patterns shape up. And as we have told you, there is a roadmap that we follow that we keep being told does not work. Somebody called it voodoo a long time ago.

terrific. I couldn't be happier. So stay tuned. So far, so good. And we want the job market to stick, ladies and gentlemen, big time. Tomorrow will be on with Stuart Varney. 10 a.m. Fox Business Network, check that out. I'll be wearing a great tie. You have a great evening drive carefully. And when you get home, do like we do.

Simple. Make sure you hug your family, hug your children. They will feel better. You will feel better. I promise. Again, 9 p.m. tomorrow, tonight, Fox News, ex-president Trump, that should be interesting. Peace out all. Stay well, be well. Thanks for joining us. Good night. This has been Investor's Edge with Gary Kaltbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to garyk.com. That's garykay.com. Success starts with your drive. And American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs

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