Investor's Edge with Gary Kaltbaum - The big bigs [04.15.2026]

Episode Date: April 15, 2026

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Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum, your host day. Thanks for being with us today. Glad you here, ladies and gentlemen. Happy that you are listening.

It's, oh, April 15th, 2006. Which means, I hope you paid your taxes or took an extension. Now remember, an extension does not excuse you from paying today. You still need to pay, but you can extend when you have to file. Hope you got all that done. I still think about this. And you know, I'm right. Why did government make it so confusing? No, let's think about that. why does the government make us go through, God knows what we have to go through, and how much we have to pay to go through it? Do you know how much we spend a year on compliance for taxes? Why did they do this?

Think about that. And do you know how they've threatened throughout the years to, oh, somebody's a lot of, going to come in and it's going to be your tax return is going to be on a postcard but it never happens and if you go look up and i'm going to do it in real time as i'm sit here uh how many pages in the tax code the u.s tax code varies in length depending on what is including ranging from 2,600 to 70,000 pages. While the core statutes passed by Congress are roughly

up to 4,000 pages, the inclusion of IRS regulations, rulings, and interpretations brings the total to 70 to 75,000. Do they hate us or what? Now, the accounting

profession would be pissed off. But do they hate us or what? How is it nobody has ever come in, and said, wait a minute, wait a minute, for individuals, these are your tax rates, here's your few write-offs, that's it. Little deduction here for a child, that's it. Deduction for charity? Okay.

How did they turn it into a monstrosity? How did they make it to where you got to spend many of us thousands of dollars? They hate us, don't they? you would think it would be simplistic. You've got to see what I go through. And by the way, I don't have a lot of write-offs. My business has some things, but not a lot. Periodicals, research, office, employees, retirements,

but still. But we never do anything about it. That's the amazing part. We never do anything about it. 70 to 75,000 pages of rulings, regulations, and interpretations, and statutes. It's April 15th. Hey, by the way, in case you don't know, it is April 15th, this is serious talk on everything that affects you, the markets. And we have a lot to say today.

In fact, I'm actually going to punch myself in the head today, and I'll explain why. We'll do markets, the economy, your job, your industry, the war, blockades, tariffs, whatever we need to discuss. That matters. And if you do not get this radio show in your city, we're going to post it at garyk.com. We'll also post it on our X feed. If you don't follow us an X, you should. Just put our name in. We'll also post it on Biz TV, YouTube channel.

And if you'd like to email me, just be nice. I got an email from a very respectful listener. that's not happy with me, but very respectful, and we're respectful back. He's not happy with me. And you know why. But today, I have to tell you, we're going to surprise you out of the box, get it out of the way. As you know, I am a big defender of Israel. I think that the media and so many have lied about the country and the people.

all about politics. You got to remember, there are lots of people that hate democracies. They hate democracies. Anyway, Israel has done a very good job of neutering Hezbollah in the north of Israel. And if you recall, I told you that Hezbollah from the north of Israel, Lebanon, was shooting missiles over my head the first time I was in Israel. So that's number one on the hit parade. And I love when the media reported like Israel's doing something wrong. You should have seen some of the media in the last couple of days that I watch.

It's really disgusting. Imagine your, let's say you lived in Washington, D.C. By the way, we'll get into the markets in a minute. This all matters to the markets. imagine if you lived in Washington, D.C. And from Fairfax, Virginia, they were lobbying missiles into Washington, D.C. What would you do if you lived in Washington, D.C.? If you would lob, do something to Fairfax, Virginia.

I think that's close, right? So Israel said, go screw yourself. You've been lobbing missiles into us. We've done nothing. And we've just had enough. We want to live our lives. and we're taking your asses out. And people, oh, how can they do that?

How can they do that? Anyway, I'm an amateur general patent, and I must tell you, led by President Trump, it's all going to be about outcomes. I think they are doing a fantastic job now with Iran. Fantastic, and I mean that. Number one, they really have, taken out a ton of Iran's military. A ton of it. And just remember something about Iran. There are

countries that have military to defend. Iran has military to destroy. They've said it out loud. So that's number one. And I'm talking about all kinds of things, but where I'm really happy with the president, this idea of the blockade. And I must tell you, when they first announced it, I'm like, what is that going to do? I think it's working. And what it is done, no ships allowed through Iranian ports. It's costing them big bucks in Iran.

killing 90% of Iran's economy, economic trade poof, and sometimes you need to get leverage to get what's needed. And again, we don't know outcome, but this was a great idea. I don't pay attention to noise anymore. You know why, right? the noise. I look at actions and I look at outcome. And I hope I'm right. The amateur general patent, I think this blockade is doing wonders. Do it wonders. Doing wonders. Doing wonders. Doing wonders. Fingers crossed. I'm going to give the pres kudos on the blockade. and leading the military.

I think they really neutered their asses. All right, let's move on. What I say, I was going to punch myself in the head. So on the confirmation day, we bought semiconductor ETF. Decent piece. We sold it today. The reason is they were smoking the semiconductor stocks today. They were hitting them hard.

ASML was down 100 bucks. And I'm thinking, okay, we're very stretched. We're very extended to the upside. Blah, blah, blah, blah, blah, and blah, blah, blah, and blah, blah, blah. In the last hour, ASML rallies up 50 bucks. I'll explain the rest. And then the rest of the market. This is the one only investors edge.

Hi, I'm Gary Kalbaum, hosted a nationally syndic. 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. investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-22-4-5-5-9.

That's 885-9. That's 888-4-2-4-2-5-9. Investment Advisory Services offered through Call Bomb Capital Management. It's time to switch on the integrator units and get the brain. sales working you're listening to hey this promises to be fun investors edge the last bastion of quality programming with Gary cult bomb it doesn't get better than this and walk once again to investors edge so the low of the day on an ETF the S-O-X is 392 closes at 401 I don't I think I may have I don't even know what price I sold maybe was 394 395 I think I I don't know. What's the difference? I made good cheese. Boy, that irritates me.

Bought it right on the confirmation day the way I should and got a little too worried. Also had a name we bought and stopped out, had a little loss on it, and it came back decently. So your handsome and buffed toast is not very happy. But here's the bigger story. The top eight stocks, if you go to Slick Charter, They give you the percentages of each stock in the indexes. The top eight stocks of the S&P 500 is 36.93. In the NASDAQ 100, it's 64.48. By the way, I'm not making this up. If you went to slickcharts.com, let me give it to you.

NASDAQ 100, NVIDIA 13. 54% Apple 11%. 11.02, Microsoft 8.68, Amazon 7.55. Google has two classes. Total it up.

11.47. Broadcom 5.27. Meta 4.82. Tesla 4.13. That's the NASDAQ 100. And what has happened recently? Well, let me give you today.

Microsoft, I'm giving the aftermarket also, is up 17.5 bucks today. It's a huge move for my, remember, the stock has been destroyed, but as we said, the software stocks have been acting better and had a magnificent day today. What else? Apple, it's number two. Up seven and changed today, and maybe starting to, I'm looking at the chart of that, Apple, turn up. Tesla, it's been dead as a freaking doornail. Riding the bear market, what do we call it, the roadmap. Tesla's number eight at 4.13% of the NASDAQ 100. Was up 28 bucks today. Volume heavy. It hasn't even touched the 50-day-moving average for like

Three months, it touched it at the close today. They were jumping on it. Amazon top eight, well, was actually down today. But has gone straight up, one, two, three, four, five days went from 214 to 248. Broadcom. Some announcement was up 14 today. That one's gone straight up. over the last just six, seven days.

Google top eight. Actually, it's number three when you add both the watchmadugis. Up another three and change today. Went from 312 to 272 and 8 days in the last part of the drop. It's 337. And meta, top eight, was getting murdered. The low was 526 at 671. Keep in mind as 796 last August.

And Viti was up a buck 70, including aftermarket today. A magnificent day in big tech, but not done. The QQQ, the NASDAQ 100 today, was up 1.4%. 1.4%. NASDAQ was up 376. So the, oh, did I mention Netflix, which is number 11? That one's still edging higher slowly but surely every day. Now, as I said, that was the NASDAQ 100.

But you go to the S&P 500, those same names are 36.93% of the NASDAQ, S&P 500. Think about that. Let's round it out. Eight stocks are 37% of the NASDAQ 100. 492 are 63%. And guess what? They're all been getting bid.

All of them getting bid. Right now. Into earnings. Just letting you know. And today, the S&P was up 55, NASDAQ 376, NASDAQ 362. Fortunately, I didn't screw up my S&P and NASDAQ 100 positions. And hopefully they give me another shot on the semis. It's not going to end my world, but damn.

But there's more to it than just that than these big names. As we have told you for a long while, we have had this left screen. It's just the screen on our left. And what it has is about five columns of software, technology types that bear markets, bearish markets. And in fact, on that screen, I've taken a bunch of names off that broke 20 bucks.

That's how bad they were. So there's less on there than even used to be. They had a big day today. The worst areas look like when we've been saying, you know, the software's starting to tick up, a little bit better. Didn't finish great yesterday, but today was a bafo day. And the worst stuff today was up strong. and possibly give it a better than average chance

because they're all doing it at the same time the worst of areas the worst of names are done going down now I got news for it that ain't saying much because you got some stuff like I can't even mention this one I mean, workday was up today, but that still looks miserable.

Uber broke back above the 50-day moving average. The high was 102 in September. Closed at 77 today, still weighed down. But it broke back above the 50-day moving average first time since October. Change a complexion, question mark. Maybe. And there's a lot of them. We'll go through them.

Not each name, but we'll explain. This is the one only Investor's Edge. 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. And welcome once again to Investors Edge. So, any name I mention, we are not telling you to buy, sell, shorter cover, but we're telling you, these names broke back above an important trend line moving average. You got DoorDash, you know that name, Spotify, Tesla, as I mentioned before, certainly looks like it fits the bill. Now, whether or not they keep going or not, I don't know.

But there's this little rule I have and what I've been taught is when you have the masses of it doing all at once, it's usually more important, I think. I think. What others? Let's see, did I mention Spotify? Yes, I did. How about Shopify, broke above the 50-day moving average first time in maybe three months? By the way, these are not leadership stocks. Reddit is broken above the 50-day. We mentioned, my Microsoft meta. I don't need to do too many others. You do know about the cryptos back above the 50-day.

That's good to see. And then, well, for Cryptoites. And then you have some of these names that had news-driven stuff like CRDO and A-Lab that are already way back up there. How about the buy-now pay-later crap? Affirm, A-F-R-M, above a 50-day moving average. What's that other one that does the same? Upstart, not as strong as a front.

Broke above the 50. If you decide to look at these, you will see a potential break of the big downtrend lines of the worst crap. Remember how we've been whining complaining about some of the financials, namely the private equity credit stuff? Apollo. broke above the 50-day moving average today. We had thought they were trying to bottom after big drops. Apollo. How about Blackstone?

That did that in the last two days. So that kind of led. How about KKR? Same thing. So little change of scenery while I traded my way into oblivion today. By the way, when I whine about myself, we never lose big because we have strict rules. But man, I hate when I sell something and reverses at the end of the day. And in the last hour, all in the last hour, the nerve.

So my left screen today, Big Green. Big Green. Now, there are others that aren't as strong. I mentioned workday, not even near the 50 day, but we'll see what comes of it. The biggest story today, though, were them mega caps. Why? Because they're so influential. They're so influential.

I told you the numbers. And guess what happened today? The S&P closed at a new high. Why? Because they're 37% of the S&P. The NASDAQ 100. 26204 finished at a new high

Why? They're 64.48% And they've all come up You can just print out an overlay What an Amazon just did And it kind of looks like the NASDAQ 100 And of course then you can go through the rest Also Tesla dead meat huge day to day and there was no news.

Anyway, that's the big story today. But there's a few other things I have to cover here. And I may laugh at them, but it's kind of important. Number one. The transports. The transports today were down 316, but I leave. I believe at one time today, the transports were down, let's see, 2561, was down almost 700. Do you know why?

Avis Rennacar. What did we tell you? It's skewing the index. And it has had a big short squeeze, and at one time today, it hit $338 down, closed down 16, 50, was down 70 something at one time before, I guess more short covering. So I just want to let you know, if you look at the IYT, which is the ETF for transports, it looks nothing like the transports because of CAR. Just letting you know. and some other things got hit in the transports today.

I didn't see any reason why they hit Ryder a little bit, FedEx, things like that, and they also hit today a lot of the economically sensitive names. So not everything was well today, but the big story today was what I mentioned already. And as I'm looking at some of these economically sensitive names roughed up, I'm not so sure it has meaning. We'll see. Caterpillar was down 25. Deer was down 19.

Economically sensitive. Autos, auto dealers, yuck. Economically sensitive. We'll keep you on that. But there was another story today. And just so you know, every now and then, something happens. and sometimes it's one thing, sometimes it's two things, or even more, that every now and then dictates the end of a cycle.

Every now and then dictates the end of a cycle. Sometimes it's just big noise, crazy noise. I don't know if you all remember 99, 2000, but at the time, I still remember, it's still remember it was buy.com goes on TV and says these words. Our business is about losing money on every product we sell, but make it up on the advertising. That was the CEO. Imagine that. We're going to lose money on every product we sell because we're going to undercut everybody, but make it back on the advertising.

And I will tell you that was in the last month or so of the end of the end of the that whole move in the internet where what ended up happening was a big deciphering of the good and the not so good back then. And that was just one thing. Front covers and CEOs. I remember there was these internet funds that used to be called technology funds and then they became the internet fund. You had companies ad dot com to their name and it actually moved their stocks.

Companies would announce a website and it would move their stocks. So there was a few things. Now what's been the big talk of the town over the last year? You know, towards artificial intelligence. And I will tell you to this day, and a bunch of them got hit today, the stocks have been strong. Some have been Enfuego. Some have been just plain old obscene in their moves. And there's backing.

Some of these companies have some serious earnings. and sales going forward. Up next. A big matzo ball. That's up next on Investor's Edge. 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. Okay. Anybody ever heard of Allbirds? Their shoes. In fact, my sons love them. In fact, I got a few.

They're as comfy as comfy can be. I can tell you that they went bankrupt. I think they filed for bankruptcy or they're going out of business. All their stores shutting. Closed every store. Sold the entire brand for $39 million. bucks lost 99.5% of the stock's value in four years. It IPOed in 2021 at a $4 billion valuation. Allbirds. Now, I bet you don't know, well, if you didn't read, what happened

today? Allbirds makes an announcement. They're renaming themselves. New Bird AI. Let me repeat. $4 billion valuation, drops 99.5%, closes every store, gets out of the business, sells it for measly $39 million, and renames their company, New Bird AI.

They're using $50 million to buy GPUs. Do you know what a GPU is? It's a graphics processing unit. You can go look up what it does. But they're changing their name to New Bird AI. Think about that. Terrific. They're going to get into a different business.

The stock today closed at $17 up $14.5. volume today was 278 million. I think its average volume as of recent has been 100,000. And it's up two bucks in the aftermarket. Now what did I just say to you about what happened back in 99? Changing names, adding dot com. And it got you closer to the big high for the dot com. Now we're not saying the same thing, but we had to bring this up. And I can tell you, this is going into the file manager. Just because they change their name with AI, and they're taken just 50 million,

I guess they have 50 million bucks, the stock goes ape, you know what, to the upside. So we're just letting you know. We're just letting you know. put this down on your file manager and by the way the company is using a $50 million convertible financing facility to acquire these GPUs I think I know what that means we'll keep that in mind back to the other story S&P new high NASDAQ 100 new high eight stocks really kicking in the job right now, but the big help from software and what we call our left screen.

The left screen. We're auto desk up 10, crowd strike, up 12, door dash, up 16, cadence design, up 11. Keep in mind, these things are way off the high. Snowflake 9. Z scale, 8, Viva Systems 8. App Lovin 30 Palantir 6 And boy they were killing that

Spotify 19 Twilio 10 Uber 4 By the way Uber's in the transports I didn't even realize that till last week So just letting you know Just letting you know The big guys are out again Not one of them is in New Yearly High Ground

Making sure that That is correct Not one big name is in New Yearly High Ground, but boy, that they do a yeoman's job today. Tomorrow, I don't have a clue. In fact, as I said, I traded early today thinking, eh. And that ASML that was down 100, finished down 40, rallied 50 bucks in the last hour, bringing the semis back. JP Morgan continues to head lower from their earnings.

Goldman reversed a strong open today, didn't have a great reaction to earnings but try to recover. Morgan Stanley had a good reaction to earnings today. City Group had a good reaction to earnings yesterday and up a little bit more today. Canadian banks are at new yearly highs, much better than our banks. A lot going on. I got a lot of work to do tonight. That all said, you have a great evening drive carefully. when you get home, do like I do. It's simple. Make sure you hug your family, hug your children.

They will feel better. You will feel better. I promise they will, be well. Serenity now, ladies and gentlemen. Hey, good night. This has been Investors Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to garyk.com. That's GaryK.com.