Investor's Edge with Gary Kaltbaum - THE BS QUOTIENT [04.07.2026]

Episode Date: April 7, 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. A thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It's Tuesday, April 7th, 2006, my wife's birthday.

Hope you having a good day. Thanks to Adam for doing the show yesterday. I had things to take care of. And it turns out, Spectrum, my internet was down anyhow, couldn't do a thing, had to go to a courtyard Marriott today to go to work. Took them a day to get it back up. But it's back up. That's the good news. Hey, this is serious talk on everything that affects you.

And it doesn't matter if it's the markets, the economy, your job, your industry. the lion sacks in Washington, D.C. And boy, are we getting full of them right now? And anything else that matters. And if you do not get this radio show in your city, we'll post it at garyk.com. We'll also post it on our X feed. And if you don't follow us on X, you should.

Just put our name in. And if you'd like to email me, just be nice. Just be nice. That's all. I have to tell you, I got a call from, somebody who I really like, and I think really likes me and said, I'm whining too much about Washington, D.C., namely President Trump. I'm not whining enough. We'll get to that in a little bit. Let's do something important. We told you Michigan was going to win the NCAA tournament a while

back. Best team. Adam told you our bet for the, well, first off, we've been. We went one in one in the final four lost illinois played terrible and one michigan going away and we told adam to tell you last night our bet is michigan to win last night the line was six and a half and we weren't thrilled with the line they ended up winning by six so they didn't cover that's why we said money line uh for the bet um i must tell you michigan played terrible Couldn't hit a three-pointer. The turnovers, how many layups did they miss? And they still won.

They're much better team. Congratulations. We nailed it for the whole tournament because we're good at that. On to what do we do next? We're not big on the baseball. We've got to wait for football season again. And go 10 and one again in the playoffs, including the Super Bowl. As you know, we pick our spots.

We don't believe in gambling a lot. I have a good friend who, by the way, can you call somebody a good friend that you have never met in person? I have a good friend that's one of the greatest sports handicappers I've ever seen. And you know, they used to have these little infomercials, these sports handicappers. They were all full of crap. My buddy is amazing. Do you know how tough it is to win 57% of it. of the games. In the NCAA's, he was 66% in the tournament. I don't dare play the tournament.

Anyway, I'm not giving out names. Only gamble what you can afford. That's all. Case closed. So we told you Joe Biden was the worst president ever. We'll get in the markets in a minute, I promise. One of the main reasons was on purpose, they were. On purpose, they opened the border and light about it for three and a half years. They started doing something about it with six months before the election when their poll numbers were worse than Root Canal and Jocketch. And then they blamed it on the Republicans. It was pretty funny. And of course, the media who sucks gave him all the backing of it. To me, that was impeachable. You're opening the border and you're not, you're hardly vetting people. And you're sending them at two in the

morning on airplanes to cities that's going to cost them millions if not billions of dollars get out you should be gone not to mention Afghanistan not to mention he rolled up the size of government like it's no tomorrow quote a whole civilization will die tonight never to be brought back again i don't want that to happen but it probably will however now that we have a complete and total regime change where different, smarter, and less radicalized minds prevail, maybe something revolutionary wonderful can happen. Who knows? We will find out tonight. A quote, Tuesday will be power plant day and bridge day, all wrapped up in one in Iran. There will be nothing like it. Open the effing straight, you crazy bees, or you'll be living in hell. Just watch. Praise B to Allah. Notice my silence.

In case you do not know, ain't nothing going to happen at 8 p.m. tonight. Nothing going to happen. No civilization's going to be lost. They're not going to kill every person in Iran, not going to nuke them, not going to take out electricity and power plants and this and that. And those that love them say, oh, he's just trying to do this, that. Well, I got news for you. What was it? Three months ago, he said that they obliterated. their nuclear. Then right before they went in again, they said they had two weeks to get nuclear.

Let me just tell you this. I'm so sick and tired of his lying. It's not even funny. I can't, I'm rooting for him, I'm praying for him, I'm hoping for him. He's going to be president for almost another three years. But this is just, all my MAGA friends don't even want to mention his names. I have MAGA friends that are so neck deep with Trump. They won't even mention his name anymore. And you know why? Because they were told for 10 years that George Bush and the Chenees are the neocons and the interventionists, and he won't do that. Oh, we're going to take Greenland. Oh, we're going to take Venezuela's oil. Oh, we're going to take Iran's oil. Oh, we're going to go into Mexico. Oh, we're going to, oh, I'm going to, you got to be kidding me. And then if Mag is leaving,

And by the way, this is for all you that love him. If Mag is leaving, the independents are gone. Go look at the independent numbers. What he's done, going, first off, setting a precedence for the next guy is ridiculous. But for what he's done, do you know what's happening in the next two years come January? They're going to subpoena every one of the Trumps, every one of the cabinets, everyone involved like Christy Noem and whatever with all that corruption.

They're going to impeach him and they're going to bottle up everything. That's what he has earned because everything he keeps doing. They are going to wipe out the Republicans in the House and pretty darn sure they may get the Senate now, even though there was no chance of that. And people are going to email, Gary, Gary, let me tell you something. Those that keep saying he's wonderful, doing everything right, he's the greatest, you're the enemy of him. Ones who critique him and get on his back are his best friends. Because they're going to get destroyed, November. They're going to get destroyed.

And you're going to get Speaker of their house, Hakeem Jeffries, enjoy. Just letting you know. And now this farce that we are seeing with war, social media posts on war and death and destruction and killing and maiming. sure let's post social media and let's make up stories let's keep making up stories oh we're negotiating with them we're talking with them no we're not we may have a deal no you don't do you know how many BS stories have come out do you know there's a ton of people Republicans that believe Iran over him now I'm sad and now just letting you know nothing's going to happen tonight it's all a bunch of bulls

crap. There's some people that probably front ran the market today. It reversed to bet. It was down 4,500, whatever, it reversed right at the close. We all know that's happening also. We also know he's partying a bunch of white-collar criminals that committed massive fraud

that never have to pay restitution to their victims. And we find out they all gave millions of dollars to his campaign or his super PAC. Sure. I got news for you. kids this ain't a game it's not a game massive taxes through tariffs and changing every 15 minutes and every day and every other day products countries that wasn't a game but did people die because of that this isn't a game now this is war up next we'll put a bow tie on it can't

wait for the hate mail and the market's up next this is the one only investors edge hi i'm gary colbaum 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 achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be,

call us to make an appointment for a complementary portfolio review. The number to call is 888-4-2-5-9. That's 888422-5-5-9. That's 888-4-22-55-59. Investment advisory services offered through Coltbaum Capital Management. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge.

The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. And welcome once again to Investors' Edge. There's not one thing I said that wasn't the truth. And I can go further, but I'm not. It's heartbreaking. This whole thing came from,

our President of the United States saying two weeks until they have nuclear. The month before, he said, we obliterated their nuclear. And they went in. How many of our soldiers are dead and injured? I don't even give a crap about the air. the machinery that's lost.

And now the BS. Now the BS. So tonight I'm pretty sure there'll be some sort of, I don't know if you call a ceasefire or something like that, but there'll be some stoppage and that's that. And who knows from there? I wish them well because it's on us. All right.

So by the end of the day, they leaked all kinds of stuff. They waited until 3.15. Around 3.30, all of a sudden, well, people are calling it the taco, that he's tacoing again. You know what that is, right? If you go put up taco and Trump, it comes up. For Trump always chickens out. but we're not going to call it taco. We're going to call it,

oh man, I really went too far. Let's get something done here. So something will be done tonight. To what extent I don't know. They'll have some sort of something or other. Market probably gaps up as oil drops tomorrow and we'll see what happens from there. Can I be wrong?

Just like the NCAAs and the football games, my handicapping is based on past performance, I'm not so sure I'm going to be wrong. I hope I'm going to be right. And that's something good comes to this. And we can get the hell out of there. And we don't have to do this anymore. And then we'll go back to tariffs. That's a little sarcasm.

Is that okay, sarcasm? All right. And do not forget, and let me repeat one more time. Ones who just say, yes, sir, are in the wrong. Those that call them out are in the right. It's becoming nonsense. Okay, the markets. The Dow finished down 85.

The S&P was only up five. The NASDAQ up 21. NASDAQ 100, up 10. That's not even the story. Because of the president with his ridiculous social media posts, asinine, not worthy of the presidency, a whole civilization will die tonight. The market's open, poor.

I think at one time today we were down 4.50 and 3.50 so we had a reversal but a news-driven reversal again. And we're only in April of 26. Got two and a half more years of who knows what's next. I guess Pakistan came in requesting a two-week extension that was planted on purpose to save the day.

And we'll see what happens. That said, a few points. Markets. Before the war, we were range-bound. I want you to remember that. Before the war, there were a lot of areas in real bad shape. Before the war, transports were strong. Before the war, the small and mid-caps were stronger than the large caps.

By the way, they still are on a relative basis. all that. Before the war, the artificial intelligence plays in the areas of fiber optics, optical, data, data storage, memory, some of the building construction and energy of the data centers strong. very weak software of all stripes and continues to be. Though there was some news late in the day or early in the day, I'm not even sure when in the day, you know, there was this thing about the software security stocks and a company called Anthropic that it was going to threaten CrowdStrike Palo Alto. Well, CrowdStrike today was up 24. Where Palo Alto was up, let's call it about the same amount percentage-wise.

Because this Anthropic, and you can go look them up, let me just read the first paragraph. Today we're announcing Project Glasswing, a new initiative that brings together Amazon Web Services, Anthropic, Apple, Broadcom, Cisco, CrowdStrike, Google, J.P.M.M. and Palo Alto networks in an effort to secure the world's most critical software. We form Project Glasswing because of, in other words, they would now be working with them and not against. So CrowdStrike Palo Alto had a very good day. A couple of other software securities were up.

Maybe that changes the playing field, not sure. Still very weaker, Oracle, SAP, Salesforce.com, Adobe, and the like, and most software in bare markets, but maybe a little change. We'll see. Up next, we'll go into other areas. That may or may not change overnight. This is the one only Investors' 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 Coltbaum. It comes highly recommended. You're going to feel better if you're talking. talk to him. And welcome once again to Investors Edge.

Thanks for being with us today. I still can't get that Michigan game last night. They played terribly and still won by six. That's how good that team is. They played terribly. Anyway, we nailed it. From first tip, we were saying Michigan's winning this thing. I should have bet the whole tournament and I didn't. Dummy.

we have to do that next time. Now we're in baseball season where you know the Mets are going to disappoint me, right? And the Yankees are playing really good ball. Do you know the Dodgers spent in salaries more than eight teams total? But they're getting it all back. Ended up being a smart thing. All right, what else I got for you? So I don't know what changes overnight.

I don't know what happens at 8. I have a feeling what's going to go on. We're just letting you know today the retail was very weak. Housing stocks just obliterated even more. One of the areas we've been telling you to avoid is housing. And man, wow, wow. Somebody actually put a sell recommendation on all the housing stocks, just about all. And in case you don't know, and as we've said to you,

we are constantly on zillow and realtor.com, just going through certain cities, inventory continues to be gargantuan and fantasy lands coming down. It's not a crash. It's a normalization from that Yutz, Jay Powell, who created this whole freaking dislocation. Just remember, things that happen now are outcomes of policy from a while back. We want you to remember that he one person and again we have no idea how we got to the point where one person could have such power that goes for the presidency too now but j pal one person was able to print to nine trillion bucks he didn't start at zero take that money sit at a desk and buy up the whole freaking bond market.

Bought up the 10-year yield to it went down to half percent. And of course, Wall Street's going to go along with it. Of course, if you bought it a half percent, you're screwed. You've got to wait 10 years to get your money back. You're probably down a zillion at this juncture.

And what that did is, A, nobody wanted to sell because everybody's getting 3% less mortgages by refinancing or buying new. And when nobody wants to sell, and there's no inventory prices skyrocket and that's what happened and then you had a little bit of the COVID thing and people going from blue to red states and you had just crazy moves up and now the moves are coming down some people call the crash it's not it's normalization when a house goes from a

million to three million from 2021 because somebody puts it up for sale there doesn't mean it's three million and I can tell you because I watch I've seen houses that went from one and a half to that are at three now, nine months later, and still ain't selling. So Fantasyland is occurring. And where it stops, I don't know. If we go into a jobs recession, which is arguable, we had a decent month last month, but I can pick it apart, and the trend has not been great, if we go into jobs recession or recession, oh, then it'll get worse.

but for the stocks themselves, stay the hell away. Stay far away. Apple, weird day. Finish down five and a half, which is not a good day, but it was down 13. It was said

that their new foldable phone was going to be delayed. Three hours later, it's not going to be delayed. So it's only down five. Going nowhere. In the big caps, just nothing going on.

Broadcom was up 19 today, but still just nothing range bound, 200-day moving average. Nothing happening. Some news with Google. NVIDIA was flat today. The stock is still amazingly, what are we in April? Is trading where it was last July? That's nine months, right? And can't even get above the 195 area and is still down from 212, 22, 12, 32, 13, 3,000,

And it's only down about 16%. That's not a big deal. But in the context of the semiconductors have been so damn strong, it has us what's going on, especially with accelerating earnings and revenue. All the major averages are still below the 200-day moving average. Want to see that get above. And it will when the president changes his mind again. Oh, just remember, he knows that we cannot stand. where oil prices are.

By the way, oil prices hit 115 today, closed at 112, and that's why the market reversed, because they're playing with you. And now we'll see what comes of tonight, when they come up with something. And they'll take it as a win, no matter what, which is fine and dandy. That's what one does when they screwed up everything,

and didn't believe that oil would go to 115, and the market would drop and diesel would diesel whatever. So you've got to figure something out and just say we won because your military is so strong. By the way, I forgot to mention that rescue. That was amazing. Are men and women in uniform? Anybody spend 15 minutes and read up how they got that guy out?

A miracle of technology. And people. I forgot to mention that. To me, that's amazing. I hope when you all see veterans and military people, I am hoping you all salute. Because I don't think they get enough. I really don't. They should be on a pedestal. Every one of them. I told you, I'm a wimp. I got hit by a paintball. I whine like a little baby. These people are dodging bullets and bombs and mines and missiles. Quite amazing. I wish I had so much more to tell you, but it's going to all depend. Just remember when we had the tariff thing, the market went up 2,500 points in 20 minutes after the crash. And for the life of me, I don't know how you catch a 2,500 downpoint move in 20 minutes when it happened so suddenly.

And then they say not true. And it goes back down on that Monday. And then on the Wednesday, they finally say it's true because they didn't want to do it Monday because it'll leak. Hey, welcome to our world. There's still a ton of stocks and a ton of areas in bad shape. And we'll see how it plays out. Now, let's do the if. If tonight something not good happens, well, we'll probably roll back over tomorrow.

but there's no way. The president put himself against the wall this time, even more than the BS deadlines before. And I don't think he can back away now. So I think they'll come up with something. We have told you, coherent, Sienna, Fabernet, G.E. Van over, Corning, Lumentum, Powell Industry, Cigate, Sandysk, Terodyne, Vertive, Western Digital, top line names, other names that hold the 50-day or all have potential.

70-some-odd percent of the market in our mind is still in bad shape, but that can change with news in the most news-driven environment ever, and we'll see how it goes. Watch the semis and watch the leading names. semiconductors back at the 50-day moving average of very big importance up next this that and the other thing whatever else this is the one known investors edge you're listening to what are you waiting for what you're waiting for one two ready go investors edge with Gary Colpubb and welcome once again to Investor's Edge

Thanks for being with us today. The Masters is this week, and I'm very mad at the Masters people. You can't get aftermarket tickets anymore. In case you know, they call the Spectators Patrons there, and the tickets are owned by people, and used to be able to go on the stub hubs and all that crap and get tickets. You pay up.

I paid 1,500 as high as 2,500 for a day. They're not allowing them anymore. I didn't even know because I went last year with one. They were taking people's, their badges, I guess, and kicking them out. So the average Joe ain't going to the Masters anymore unless you win the lottery. And I got to tell you, I've been doing that lottery for 40 years. And not once have I got? Not once.

I've never got Wimbledon, been doing that for decades. I got the Ryder Cup back in 16 for the Minnesota one. It's the only time I've ever won one of those lotteries. Only time. The Masters. And Tiger Woods. You know one of the, you know the thing we teach our kids, some of the things we always tell you about. One of them is never piss on prosperity.

This is the king of that, unfortunately. The good news is he wasn't injured on this latest accent. incident and I guess he's addicted to painkillers and as I've told you I'm I'm the opposite of addictive to anything except general hospital professional wrestling but that's not an addiction is it and rush we hope he gets better aftermarket I'm seeing a little movement to the upside they're all yapping away now about something's going on and they just say set it up to make it better. Probably nothing really comes of it, except they just want to get to the point where they get out of this for now.

And then, so you're going to get something tonight. Just so happens. Something came out of Pakistan after midnight, 30 minutes before the U.S. market closes. I got news for you. And you may believe me or not. Nobody believes anything that's coming out of the White House anymore. By the way, we're going backwards, too, not just this one. Nobody believes squat.

Nobody believes squat. Anyway, we'll see how the night goes, and what's tomorrow? Wednesday. Yay. Yay. Next. earnings next week. Just so you know.

It starts with the banks and we'll take it from there. The banks, importantly, acting a little better. Bank in New York and City Group are actually above the 50-day moving average. If they can get going, I think Bank in New York is probably the better one. Others are below and need work. Hey, late breaking news, the Democratic Party are now calling for Trump to be removed via the 25th Amendment. They didn't do that for Joe Biden, did they? Yeah, they put it in, all the Dems.

All the Marxist party want him out. And you can go look up what the 25th Amendment is. Yields today were flat, but they'll probably come down because they closed at 3 o'clock. They'll probably be down tomorrow. fact, 10-year yields. Let's see what I got afterwards. Yeah, it's down a couple. Yeah, it's moving down. Bitcoin's still nothing going on. It's still in what we call a bare flag. And if it breaks below, good night. Before we can even talk anything decent in there, it has to get back above the 50-day moving average and just do something. It's been dead meat. Then that's in

inclusive of micro strategy, coinbase, and all that. I also have to mention they're even destroying more than nuclear, rare earth, quantum, and all those we warned you about. We hoped you listened. I can tell you back of the piece of paper with a pen, I think on average, the down 60 to 70% all those no sales names from the highs. and a month before the highs, because they went a little longer, we warned you. And we simply said, eventually, all these no sales things will go back to where they came from.

We didn't know the timing. It just happened to be a month later. And my poster child, O K-L-O, 193.84 down to 46.59. and boy the insiders are selling and they still have no sales and it still has a $7.2 billion market cap. It came from $10, I believe. It was a SPAC. So that's a big word to the wise going forward, ladies and gentlemen, because we'll have another round of froth eventually down the road, some weird things, some weird themes, some weird memes. and they'll all get crushed again if nothing changes. So they've gone after everything.

That has no sales, very little sales, and lots of losses. And we warned you big time on the rare earth stuff. No sales, rare earths. And we warned you, how about LTBR that's gone from $31.34 to $10.32. cents. It's been public for 25 years. Still has no sales. How to hell does something like that keep trading? Simple L-TBR, go figure. Anyway, should be an eventful evening. Let's hope we get the hell out of there. You have a great evening drive carefully. Be careful with the hate mail. And when you get home, do like we do quite simple. Make sure you hug your family and hug your

children. They will feel better. You will feel better. I promise stay well, be well. Peace out. have a great night. Bye-bye. This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to Garykay.com. That's GaryK.com.