Investor's Edge with Gary Kaltbaum - The fed... [01.28.2026]

Episode Date: January 28, 2026

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Visit the prodesk or Lose.com slash terms for more details. Subject to change. 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 Wednesday the 28th of January, 2006. Hope you're having a good day. I had a rough day yesterday. I have to tell you, whatever I got, hit with. It was the most wicked one day.

The most wicked one day that I've had in a long time. I mean I was knocked out. Went to the one of the clinics. They just said, here, take

this, take this. I took it. Much better today. But still, I could have slept all day today. You all take care of yourself. In case you don't know, serious talk on everything affects you. We'll do the markets, the economy, your job, your industry, the Morlocks in D.C., and there's a lot of that crap going on, and anything that we think 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, put our name in. You should. If you like to email us, just be nice. We'll also be on the YouTube channel of BizTV. Let me bore you a little bit. The Fed was front and Senate today, J. Powell.

In case you don't know, what they do is they handle short-term rates, and that'll be your money markets, a little bit in the loans, really doesn't have much to do with your mortgages. So a few things you need to know. In spite of the fact the president has ripped this guy in the last year, and has called him almost every name in the book, Jay Powell's done nothing wrong in the last year. Not a thing.

Jay Powell took rates from five and a quarter down to three and a half, like he should, catching up with the markets. Unfortunately, this president, and you can't argue the point, loves having enemies. So make Jay Powell an enemy. All he's done is made money easier, which helps who's ever running the show. And now he's actually buying up bonds, not printing money to buying up bonds, but letting the old bonds run off and buying new stuff. I'm not so sure you can ask for more than that.

so beats the heck out of me why the president's on him, except he loves having a fall guy. When Jay Powell screwed up, and one of the biggest screw-ups ever, as we have told you dozens of times, when we went through COVID, he took it upon himself to print trillions of dollars out of thin air,

and interfered with the freaking bond market. bought up bonds taking it to a 10-year yield. The 10-year yield down to a half percent. Created the biggest distortions we have ever seen. And that's why we're having the problem now with housing. That's when he should have been fired. The unfortunate thing now is the president's going to put somebody in that, for lack of a better word, is going to be a puppet.

It's just going to be a puppet. He just put a guy named Mirren in there, and all he talks about is lowering interest rates. They have this new guy that's supposedly up for the job. Oh, we should be another point lower. I have messages for them. Be careful what you wish for. The reason why we got massive inflation was too much easy money when the market didn't want it. Simple as that.

simple as that. So he kept rates the same today. I've been too busy. I haven't looked to see if there was any comments from the president. Whatever. A few things of note on the markets today. I want you to listen carefully. First off, aftermarket.

There were a bunch of names that are reporting after the close. three mega caps reporting after the close. One being Facebook, meta, another being Microsoft, and another being Tesla. Well, so far I got meta, pretty much trading all over the place, but I got it down. It was already down four bucks today. I have it down another $16 this second. was down 26. But of course, you got conference calls and they'll talk it up. Microsoft, though, was flat today. I got it down 33 bucks in the aftermarket. Six and a half percent. Now, six and a half percent doesn't sound like a lot. For a mega cap, that is a lot. I am awaiting Tesla. Right now, I'm seeing five bucks down in the aftermarket.

I am not sure they reported yet. I don't see it. So that'll be interesting for tomorrow because they are mega caps. Tesla hasn't reported yet. I'll wait and see. And meta, that was just down 34, is down 14. So who the hell knows where they finish up? The market didn't do much today.

But a lot of jello was moving on the plate. The Dow was up 12. The NASDAQ up 40. NASDAQ 100, better up 83, but I can tell you, if Meta, Microsoft, do what they're doing, oh, meta's coming back now. That'll be the NASDAQ 100 down tomorrow. But meta just went up 30 bucks. It was down 34.

It's now down 4. Welcome to my world. Tesla was just down 5. It's now up 4. This is what we get. And again, this is going to change all over the place, but they're very important because they're influential to the markets. The one stock that is not moving good is Microsoft. I got Tesla up 7 now on the day.

Not a big move, actually up 9 in the aftermarket. I have not seen the numbers yet. I can tell you their card numbers have been bad, but I am sure they're going to come out and talk about. robots and driverless cars. So that'll be for tomorrow, but there are other stocks in the aftermarket. And we'll see what comes of it as they report. I'm interested in lamb research, service now, and United Rentals. Those are a couple others.

So that's your story. Initially bad. Meta's now flat in the aftermarket. And Tesla's up 16. Microsoft down 30. Yay. A few things of note. Not that it's the biggest the deal. We just avoid them.

Just letting you know retail stocks. A lot of them are topped. Topping. We're top-e. What do we mean by that? Stair steps. starting to head south, stair steps breaking moving averages, and many of them. And the weak stuff, really weak. By the way, to interrupt that, meta was down 30 bucks on their earnings support.

I got it now up $18. It's only 2.5% but it's a good 18. So meta, Tesla, good, Microsoft not so good. But there are other things that went on today. Up next, we'll go through it. Lots of it. This is the one to only Investors Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people.

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bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreker. The platform responsible for a rapidly spreading condition known as podcast brain.

Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast. might someday pay for, well, more microphones.

Start your show today at spreeker.com. Sprinker, because if you're going to talk to yourself for an hour, you might as well publish it. It's time to switch on the integrator units and get the brain cells working. 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 invest. Master's Edge, thanks for being with us today. I can't believe I'm even making this radio show. My throat is, I got the holes in the mouth now, making sure I can get through it. Big stories today were Seagate STX. It's been a strong mover.

It is storage and the like, up 71 bucks today. $71.53% earnings, 22% sales, which sent Western Digital up $27. Same group. They were like brother-sister. In that vein sand disk, up another $46. In that vein, micron, up another $26. A select group of names on the vertical side. But moving that aside in technology, Gold. Up another 3% today. Gold for the month, the GLD is up $98.25% for the month, which is absolutely stunning. Absolutely stunning. Silver. I would have bet two days ago was going climactic, went down for a day. reversed was up again today I have no clue the reasons I am told different things all I can tell you golden silver are insane absolutely insane vertical outlier moves definition of outlier something out of the norm and they didn't stop today I know a lot of people that are worried about this. They think it does not or go well. We'll see. I do have to make note and I watch them all the time. The job market. I don't need the government to BS me with their job numbers. I just look at ADP and paychecks.

Continue into a brutal bear market. ADP in their new yearly lows, paychecks in new yearly lows. get asked often, how is the economy reporting 4% GDP in a crummy bond market? My answer, I don't know. I have always thought, and logically, if the job market is in trouble, the economy is in trouble, not as of today. If anything changes, we'll let you know. update on the Biggs, Tesla, up 3% in the aftermarket. Microsoft, which was down $34, is only down 20 in the aftermarket now. 4%. Meta, up 3.7%.

Was down 30 to 338? I got a 392. So they come out with numbers and then give a little guidance, and I guess the market like guidance. I see Lamb Research reported and I can't tell what it's doing in the aftermarket. It looks like it's up a few bucks.

And that's been a strong semiconductor equipment company also. I'm pretty sure IBM is out there. You ready for this? Up 7% IBM in the aftermarket. Up $21

the stock has been weak. Boy, a lot of Jello moving on the plate, by the way. By the way, Tesla beat by $0.05. 50 versus 45. Let's see what that number comes out to. That means earnings were down about 15%. And sales, 25, were down.

So down earnings and sales, yet Tesla's up in the aftermarket. I'm sure they're saying something. So a lot of jello moving on the plate, IBM. That one's a little sore thumb too. And that'll be 130 doubt points in the morning. The NASDAQ 100 that was being hit in the aftermarket is now up a little bit. Microsoft weighing on it.

As I walk backwards, retail restaurants auto dealers a lot of the consumer staples some of the banks weakness

so we're getting a little bit of that but overall big indices remain about as range bound as range bound can be the S&P you can almost go back to

end of October. It's a little, it's 1% higher. The NASDAQ has not broken out yet, but getting close. End of October, more than three months. The NASDAQ 100, the same. And maybe tomorrow changes the playing field with meta and Microsoft. And as I speak meta, up a little bit more, for 0.1%. still way off the highs of August. The big story is the storage data, AI semis. That's that. Up next, more on these markets, whatever else shows up. I'm Gary. This is the one only investors at.

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That's Tommyjohn.com, code comfort. Tommy John, comfort perfected. This message is brought to you by the Capital One VentureX card. VentureX offers the premium benefits you expect. Like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide.

The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Sprecker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives,

and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin's swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast. might someday pay for, well, more microphones. Start your show today at spreeker.com.

Sprinker, because if you're going to talk to yourself for an hour, you might as well publish it. We're listening to. America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy.

With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him. Da-da-da-da-da. United Rentals reported. Crappy numbers again. Looks like they're going to gap that down again. Important Celestica.

I got it down about $6 in the aftermarket. Not a big deal. It's a $300 name. But two out of the three up with Microsoft down. Tesla's numbers stunk. But since when did they have the good numbers? I got to tell you If they were selling pipes

The stock would be down 60, 70% from here But quite the glamorous name And the future They're going to be doing SpaceX Which is also Starlink Which is taken over In a very big way Wireless

Few other things sticking out In markets I got to bring up Carvana. It's been a controversial name. Many people have put out shorts on the stock. Saying their accounting stinks. Well, they did it again today. At one point today, the stock was 374 down 103 bucks.

finish down 77 or 16%. Somebody's out saying they're going to have to write off or do something about a billion dollars. Again, we're not taking a position. We don't know. But it's one of those names I missed on the upside and downside

because you hate hearing that crap. You know what Carvada is, right? When you travel the highway, bunch of cars in a cylinder. So the big indices on the verge are new highs. Metals insane. One would always think, oh, that's got to be inflationary. But the bond market has been on the stable side.

If the bond market gets off the stable side, we'll be talking. Next up will be Apple. That's been weak. Amazon and Google will be next week. Apple will be tomorrow after the close. I don't expect anything bad out of the iPhone people. And they just hit me up for another six bucks a month. They say I don't have enough...

What is it called? You know, they got in their ecosystem. That's how they roll. Good on them. Hey, let's switch. As you know, we're 9-1 in football during the playoffs. I must tell you, I'm kind of weirded out in the Super Bowl. I usually have somebody I love Seattle.

I love Seattle. I worry about the line. It's four and a half right now. Imagine them being up by 11 in a garbage touchdown, they only win by 4. Those are the type of things I always worry about. We'll give the pick out next Friday, but I must tell you, I love Seattle. My next door neighbor used to work for the New England Patriots. I better not tell him what I think.

I'm a big believer in discipline and defense. Not to say New England doesn't. Next Friday, let's see if we can go 10 and 1 hit the big one. And by the way, I don't. I believe we're I'm pretty sure we're 20 and 5 with our Super Bowl picks we're just good at it

and we never do the regular season it was a quiet day in D.C. today they're coming out with the Trump account I don't find anything wrong with it you know why because a lot of it will be funded by not the taxpayer

Michael Dell came in is putting up some bucks Of course they're overselling it The greatest thing ever But I don't see any downside Getting a grand from Wherever To start for a kid and being able to put 5,000

Tax free Into an account every year until they're 18 I'm good with that The question is Who's going to put 5,000? and every year in. It's a good move. If he can write off your taxes on it,

I have to double check to see if you can, but I got no downside. If it was being paid by the taxpayer fully, there's your downside. And of course, the president's doing everything possible. Everything possible going into the midterms, because right now, they are going to lose their butts.

and the reason why unforced errors simple unforced errors Minneapolis unforced error that whole thing

unforced error and as I have told you I know MAGA that are done forget independence they better get their act together it's going to be Speaker of the House

Hakeem Jeffreys and another impeachment which will be another waste of time because to impeach does nothing unless you have 67 votes in the Senate to jam somebody out but that's what they'll do and you know what we think of that side of the aisle

though no love for the other update you ready meta was down 32 in the aftermarket. It's now up 36, up 5.5%. Microsoft was down 34 in the aftermarket. It's now only down 18. Not bad. Tesla, on their crappy numbers, is up about 3%. So that should help the NASDAQ 100 tomorrow,

unless things change, because the semiconductors are still strong. And that is a big part of that. And Lamb Research now, I can't tell what that's doing in the aftermarket yet. Actually, it's a little bit on the flat side. But Met is the big story. And depending on where it opens, it'll be in the midst of no man's land. Up next, this, that, and the other thing. This is the one only investor's edge.

It's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort.

That's Tommyjohn.com, code comfort. Tommy John, comfort perfected. This message is brought to you by the Capital One Venture X. card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital1.com for details. This episode is brought to you by Spreaker. The

platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin's swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com.

Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. 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.

And welcome once again to Investors Edge. Thanks for being with us. All right, a little recap. Worried about retail. A lot of topping, restaurants, the consumer stuff. Auto dealers. We've been mentioning ADP and paychecks forever. They just get worse and worse.

Some of the big banks not in great shape. But a couple are in good shape. Morgan Stanley, Goldman Sachs hold up pretty well. So's Bank in New York. Crypto. just nothing going on there and by the way for a long while people were

poo-pooing gold they're doing the opposite and gold had another for lack of a better word monster day which takes me to the dollar so in case you don't know I can sit here

and Google the words why is a weak dollar good for our multinationals? A weak U.S. dollar benefits American multinationals by increasing the value of foreign earnings when converted back into dollars and making their products more affordable and competitive in international markets. So the president, without a doubt, is on a move of foot to squash our dollar against currencies,

which means it's going to cost more for you to go over there. But something happened yesterday. The Treasury Secretary said he's for the strong dollar. So who lied? The Treasury Secretary. All evidence in is they want a weak dollar. Next thing I'm going to put, why is a weak dollar? good for inflation? It's not. A weak dollar generally increases inflation as it makes imported

goods, materials, and services more expensive for American consumers and business. But a weak dollar can also be looked at as good for the economy by boosting export competitiveness, enhancing corporate earnings and 80 manufacturers. Well, that's what they're trying to do. Simple as that. I hope they don't go overboard. I hope they don't go overboard. Because whenever you see currencies going what we call haywire, it's usually not a good thing.

Back to Bitcoin, still avoid. Ethereum avoid. All the other crappy ones avoid. Bare market. If it changes, we'll let you know. You can't hide bull markets. What I'm most interested in is these crypto things have the complete backing of an administration. Whereas family is neck deep into them.

Where people involved have gotten pardons. You can go read that. Just reporting the news. Yet it still can't get going. We'll keep you prized. We've always worried at the end of the road. At the end of the road, what this is all about. I don't know.

I really don't. I don't know what the good is. They tell me because it's a limited amount. And if more people get involved. But to me, that's a scheme. Still a bare market. again, if it changes, we'll let you know. I'm surprised, especially with all the backing. I believe the administration is looking at their poll numbers on immigration, and it sucks.

And it could be that they're backing out because of that. if I was the present, all this crap has been going on, I'm backing away for right now. And retooling because we cannot continue to see what we've been seeing. We can't. And it's interesting, it's still all politics. Certain people one side are good with it. I had somebody on Twitter like, debate me about the person deserves death. really and I don't debate stupidity so we hope we get past this it is no fun to watch that all said

you have a great evening drive carefully when you get home do like we do quite simple make sure you hug your family hug your children they'll feel better you'll feel better and stay well have a great one everybody good night 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 GaryK.com. That's GaryK.com. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John Underwear is designed for a perfect fit that stays put all day.

Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-drop fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected.

This message is brought to you by the Capital One VentureX card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet?

Terms apply. Lounge access is subject to change. See Capital1.com for details.