Investor's Edge with Gary Kaltbaum - The fed pop! [03.20.2024]

Episode Date: March 20, 2024

https://garykaltbaum.com/

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it all tastes like. Investor's Edge with Gary Cultbaum. 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 Colbom, your host. A thanks of being with us today. Glad you're here, ladies and gentlemen, happy that you are listening.

It's March 20th. It's Wednesday. It is 2024. I do believe as I am clicking away as I speak to you, which is kind of sort of not easy. Anyway, don't do two things at once, by the way. The other day, I was about to do TV, and I decided to change my tire as I was walking down the stairs, and I was walking down the stairs.

I thought it was at the bottom, and I was two steps above, and guess what happened? Boom! And let me just say, I got a trolley horse just north of my butt, or south of my butt. And I'm still feeling it. Hey, let's go serious. Let's go serious. Let's go right into it. Let's not screw around because something happened today that stood out for me that I don't think anybody else would report,

but I look at things a couple of ways when I look at markets. now it's only one day in case you don't know and I'll introduce ourselves in a few minutes today was the Fed Day we get every six weeks from somebody as you know

we are no fan we are no fans of his in any way shape or form we believe he thinks he's God we believe he distorted things we believed he caused the inflation, and the reason he doesn't get blamed is because he's not a politician, he's not elected, so you've got to go after the elected official.

But when you printed $9 trillion, but he had to because of COVID, whatever, whatever. The only thing that matters to us is outcome. That's it. The only thing that matters to us is outcome. when we do our work every night in order to find leading stocks and leading groups, outcome, we try to drive a wedge between everybody yapping, everybody talking, and just what the market's doing. and that's it so whatever

Jay Powell said today and it doesn't matter he didn't move any mountains he kept rates the same he said some things that to me were no big deal in any way shape or form

I think it was more or less of something to the effect of yeah we think we can and we think we're going to, but we'll see and we'll still need to see more

information as it comes in and as the data comes in, we'll make the moves the Dow is up a percent and when I say 1%

there are days where I say 1%, but there are days I say, yeah it was a big 1%. The S&P wasn't even up 1%. The NASDAQ, which is always do a little bit better, about 1.2. But, may I throw out the butt?

I'm going to start with by telling you, do you know what I follow? We follow the inverse ETF charts. These are the charts that go the opposite of what the market does. they have been in bare markets for about the last year, except they rallied in the July to end of October period when the market was crapping out from the July to end of October period. That was when the Russell 2000 was at bare market lows. Well, they look like they're breaking down again.

Now, how would they be breaking down again? well because the indices are trying to break out again. And what we mean by that is, well, let's see. Let's go to the S&P, and the S&P has been a little bit on the range bound over the last few weeks, but an ascending kind of range bound. It broke above it today. Well, guess what the S-H would do, which is the inverse that broke down below. We're not reporting bad news, ladies and gentlemen.

Then you got the NASDAQ 100, which we're really a little bit. I'll explain the second. Anyway, that held the 21 day is not at new highs, but then I can go look at the PSQ. That is the inverse. And by the way, we're not talking about the doubles and the triples. We're talking singles. And that looks like it's about to break down to the down.

to the downside, which means, you got it. That's what happened today, off of J. Powell. And directly off of J. Powell. There was nothing else going on. Also, the big banks. We have been stating, for the record, the big banks have been acting well. They went into another new high today, at the close today. the regional banks which have been dead

they popped a little still weak but popped the Russell 2000 which has been a pain in the you know what had a good day to know that was up 2% why oh I don't know it just seems

whenever they think looser money is coming there goes the Russell 2000 I'm thinking with the inverse of the Russell 2000 I think it's TD WN? Let me see. No, that was wrong. That's Taiwan. I'll figure it out in a second. We just wanted to start the show by saying the inverse ETFs for the big indices. They look to be breaking down. That's all I know. Now there's this rule of thumb in the markets, which we don't live by, but we want to let you know that. They keep telling us, whenever the market, market moves up on Fed Day, it moves down the next day. Whenever the market moves down on Fed day, it moves up the next day. I don't know. We'll worry about that tomorrow, and we don't care.

We're just letting you know it was an excellent day to day. It was just an excellent day today. It was an excellent day to day when all was said and done. They even rallied up the semis, which by the way, still has its issues. By the way, Russell 2000 inverses the RWM. I was close. And that looks like it wants the breakdown also. So we may get another leg up as we move forward. We may.

We take it day by day. We'll see how it goes. And then you know I've complained to you about a stock called MicronTech. massive losses unbelievably massive losses as the stock is held up they just reported earnings micron the stock today closed at 96 it's at 106 in the aftermarket up 10 they made money they raised revenue there is a god so i'm just letting you know that ain't gonna hurt because just remember the semis Have been in trouble. By the way, they were expected to lose 25 cents.

They came in with 42 cents a share earnings. They expected 5.35 billion in revenue. They did 5.82. Going forward, they see better than estimates also. We'll see how that goes. Cool. When a crappy one acts well, maybe the semis can get going again. Remember, you still have that March 8th.

that gargantuan, ugly, icky, yucky reversal. We'll see what Tamara brings. I already scanned. I scanned everything that trades 500,000 shares and up to the tippy top. I'm finding Royal Caribbean breaking out. This is I found at the close today. Draft Kings breaking out. I'm finding some new stuff.

We'll see if we can find the last. lot more stuff. Up next, I'm Gary. This is the one only Investors Edge. Hi, I'm Gary Calbaum, 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 complimentary portfolio review. The number to call is 888-4-22-559. That's 8-8-5-59. That's 888-4-2-2-2.

5-5-59. Investment advisory services offered through call bomb capital management. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomachache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomachache

every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change.

Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and Eye Heart Radio. Listen now wherever you get your podcasts. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer, dark vision, headaches, and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at viz.com. Cash flow crunch.

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The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. And welcome once again to Investors Edge. Thanks for joining us today. This is serious talk on you and everything that affects you. The markets, the economy, jobs, unemployment, taxes, deficit, spending, scam, shams, corrupt. You name it. We cover it. I saw today they had somebody on Capitol Hill

ripping on the Bidens and Hunter Biden. The Republicans, they're just bad messaging. He was talking about how Joe Biden knew everything, blah, blah, blah, blah, blah. And of course, the Republicans say yes, the Democrats say, no, just remember none of them give a crap about you. I want you to not forget that. If the Democrats found out today, a Swiss bank account and they found out it was Joe Biden's and they found out it came through Hunter Biden which came through all kinds

and nefarious places they would hide it they would not report it remember they don't give a crap about you if the Republicans found it on their guy they would not report it that is what's going on they are not working for us we are working for them

we are nothing but a slush fun. 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 Twitter feed, which is now X. And if you don't follow us on X, you should check out X and put our name in. And that's that.

So I just wanted to start with the markets today because I have to tell you today was a really good day. 1%, but a really good day. Technically, remember, What we do deal with is not just the numbers out of the indices, but what ability the market has to do what. That's what we're always looking for.

What ability does the market have to do what? And today, I have to tell you, it's been rough going as of late. Gaps to the upside failing. breakouts failing. The semiconductor issues, big time. I think it probably changed today. I use the word probably because we don't guarantee anything and we can't guarantee anything. But as I do my scans, I'm just making note of some things that are important, at least to me,

when it comes to the financials, a better bid on the semis, the micron news after the close, and video and how it finished Microsoft on how it finished even though I just got stopped out of it a little bit not going to change my world and as I stated from the get-go the inverse ETFs look like they want to break down from here

which means market wants to go topside how far I don't know where I don't know what the heck I don't know but we'll take it for whatever it's and this was all on Jay Powell today. Whatever the market believed, because again, let me repeat,

I didn't see anything. They didn't do anything. He just talked. And I will tell you, I consider myself pretty smart. I don't understand half the crap, he says. I mean, I can bore you to death here. If you look at the incoming inflation data

we have for genuine family, I think very broadly that suggests that we were right to wait until we're more confident. Okay, that's a market mover. We are not getting ready to. We haven't proposed. We haven't come to a conclusion that we should propose or anything like that that Congress

consider legislation to authorize the digital dollar. Is that market mover? No. On the balance sheet, that's their printing money. I don't want you to give a specific number because we haven't made an agreement of decision. Is that a market mover? No.

No. But we do believe there were some money quotes. One of them, we believe that our policy rate is likely at its peak for this time in the cycle. That's one. The general sense of the committee is that it'll be appropriate to slow the pace of runoff fairly soon. You know what runoff is?

That they printed to $9 trillion and they've been letting it run off. In other words, whatever they bought, let them mature. Slow that down. Market likes that. That's like a little money quote. But nothing for me was earth-shaking to do what the market did. But guess what? I don't care.

I just love what the market did and we'll act accordingly. Gold, which broke out recently, and I believe I'm pretty sure we've been telling you how nice it's being acting after going up and settling down. Made a move today. And why? Because the market deemed easier money when the market deems easier money, the dollar weakens. Market goes up. Gold goes up. Commodities go up.

Life is good again. And that's what happened today. The clients finish good, up-down volume finish good. New highs finally out beat new lows on the NASDAQ, which is not saying much, I must say. But that's good news. Transports are up 280. I mentioned the Russell and just good tone.

We may have a smorgas board here. Well, we hope for the next couple of months. Not sure. Not sure. And we still have to be a little careful why. got earnings are going to come out soon. And then there's the real world. What do we mean by the world, real world? Well, it's pretty simple. Oh, by the way, five below reported earnings, if you want to know what we mean by that. Five below, well, is gone from 208 to 183 in the aftermarket.

So that's going below. There's still the market. And the 10-year yield was performed admirably today off of whatever Powell said, it came down, that's what the market want to see. But leave no doubt. Blanket statement. Great reaction day. Great reaction by Micron. That's not going to hurt. And just remember, the semiconductors were under some pretty serious distribution. And Micron's been the poster child of, how the hell is that stock going up? Anything else? Crypto? Just when I think it's over and done. That bounced even though it's still got this Eiffel Tower look to it But I think I told you that yesterday the bit of I was thinking of shorting it and then I realized wait a man I can't short it moves a hundred 200 bucks overnight While I'm sleeping I'm gonna be short and I can't trade it

And I'm talking about the things that represent crypto that cha that trade on the market Can't do that and the beat goes on didn't see much else today there was weakness in medicals weakness in staples housing got better housing's been a little bit weak but I got to tell you when I did my scans

just by the way we're not telling you to buy cell short a cover we're just letting you know D.R. Horton looks like it wants to break out Pulti Holmes looks like it wants to break out they haven't yet just letting you know

KB Holmes KBH. Looks like that wants to break out, so maybe that's a little bit of that's going on again. Up next. A warning on Chipotle. Not the food, the stock. I'm Gary. This is the one only investor's edge. Hi, I'm Dr. Jake Goodman, host of Beyond the Script,

the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health. with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat,

and it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things are not something that, generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication.

And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. Struggling to see up close, make it visible with Viz. Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer, dark vision, headaches and eye redness.

Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. OnDec is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, OnDex loans up to $400,000 help make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews, OnDEC delivers funding you can count on. Apply in minutes at ondac.com. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. OnDec does not lend in North Dakota.

All loans and amount subject to lender approval. You're listening to America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on its feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended.

You're going to feel better if you talk to. So yesterday on the show I almost lost it on the show yesterday I was talking about my father I almost did I think that would have been the well yeah just about the first or second time and I guess a lot of you

heard me almost got a lot of emails from you guys just you're all cool thank you I appreciate the emails it's um I've never felt more important in my life I've got a wife two kids but my father being

92 and you know you know it's very tough but I must state for the record I'm not the champ in all this it's my brother I'm not champ He's up there 24-7.

I fly up as often as I can. And my mom, unbelievable, she cooks from cleans, and she's got issues. 92 and 90. And they just had to hear their friend of 95 years old died. And the girl who lived with the 95-year-old wants to work for my parents, and my parents loved her, and she loves them, and they refuse. they are not changing their lifestyle, even though it's necessary, even though I said I would pay for it. And let me just tell you something.

It's expensive. I mean expensive. I said I pay for it. Don't worry. Nope. What is she going to do for us? I wake up, I get dressed, I take a shower. I sit in the chair.

I watch TV. I have breakfast. I have lunch. I have dinner. I walk in the hallways, I go outside if it's nice. What is she going to do for me? How do you argue that logic? So my father's saving me a hell of a lot of money.

Anyway, thank you. And I feel like an ass, even being in Florida while they are up in New Jersey. Anyway, again, thank you. I did a little money show half hour today, webcast type of thing. They're going to send it to me, and I'll post it, but it'll be all ready. you know market's already passed market had a big afternoon probably going to go higher too off of this and off of micron i think the micron thing may be of import now the cues are up a quarter percent in the aftermarket and nVIDE is up a few bucks

after being kind of weak all day but that was uh that was one heck of a finish on the market Hey, in the news So we're really careful with our words You know, they've been calling Trump a dictator And if he wins and he'd be a dictator Call him all kinds of things And you know, I can't stand the guy I am so depressed that it's a choice between Trump and Biden

But of course we'll live who, you know, there's nothing we can do Whoever wins wins But they call Trump a dictator Let me tell you what Biden is now coming up with. He just announced climate rules. I'll tell you about control freaks. Rules, regulations, fees, fines, mandates, taxes, executive orders, and things we don't know until afterwards.

Announces climate rules to phase out gas cars and make sure majority of vehicles sold by 2032 or electric or hybrid. What's the definition of a dictator? You know, it doesn't have to be somebody who murders a bunch of people. What's the definition of a dictator? One who dictates. And we can't do crap about it. What if we don't want electric vehicles?

No, you have to have it. Tough crap. Screw you. Hmm drastic climate regulations Wednesday To phase out gas cars I don't even know what to say I

You know I'm careful with my words But this guy sucks I tell it to his face too Remember I don't care that Somebody's a president or vice president I'll tell to the face By the way They're worried about climate

Do you know what Is put into Making batteries And do you know about insurance For electric vehicles And how much weight electric vehicles have versus regular and the cost of replacement of tires. You may want to look into that and may get pissed off about this new rule from Biden.

I also saw him today again just lie out as it, but, I mean, just lie. No, biggie, just lie. I cut the debt. I cut the deficits. And the media just sits there, supine. Next, California. I just want to make sure, you know, I didn't even know this was in effect. Do you know they have an exit tax in California?

So they raise taxes like crazy. There's like almost a 14% annual income tax in California. There's a gargantuan gas tax. Do you know they have an exit tax? I didn't know that. It's a one-time tax that must be paid by businesses and individuals who leave California. So when you leave, they also give you a big colonoscopy.

It's sick. And I'm thinking to myself, why would anybody move there knowing what they're doing there? You can check in, but you can't check out. Oh, and don't worry, it's only for the wealthy. But the wealthy pay all the taxes. Because they're just giving away freebies to everybody else. but they cut out real estate.

Oh, you know why? Because the lobby paid a crapload of money to the governor and the politicians. No, you can't do real estate. I had no idea. Boy, some of these states, I mean, just Marxist control freakism like I've never seen. I read that today. In the news, even more interesting, an appeals court freezes Texas law allowing police-the-rest migrants.

So Texas came out with a law. We can't keep doing this. And they're coming in illegally. By the law, they are coming in illegally. So we've got to stop this. And the appeals court came and said, no, you can't. Screw you. We don't care.

Which will guarantee more people dying, crossing rivers, going in trucks and sitting in the back while they die of heat. Kids dying. That's not being reported. You know that. Only on the Trump it was. And Mexico. And this is where we need a strong president.

You know, Mexico says, if a Mexican comes into this country illegally and we deport them, Mexico is going to send them right back. That's what the Mexican government said. So I come to the thought process, they think Joe Biden's a wuss. They think Joe Biden is a wimp or, oh, they know Joe Biden just wants more and more people here. Let's call him migrants. Mexico said screw you this country. Mexico.

By the way, they're a biggest trading partner, which takes me to end the news. Do you know Kevin Johnson is? He sucker punched somebody, and the person died. The death was ruled a homicide. It was a misdemeanor assault charge. He's already out, no bail. Because in New York City,

Intent? Up next. Little more news. We'll close it up. I'm Gary. This is the one only investor's edge. Hi, I'm Dr. Jake Goodman, host of Beyond the script. The podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter.

In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomachache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with.

So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and Eye Heart Radio. Listen now wherever you get your podcasts. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours.

The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer, dark vision, headaches, and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. OnDEC is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, OnDex loans up to $400,000 make it happen fast. Rated A Plus by the Better Business Bureau

and earning thousands of five-star trust pilot reviews, OnDec delivers funding you can count on. Apply in minutes at ondeck.com. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. on deck does not lend in North Dakota all loans and amounts subject to lender approval. 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. So I guess the moral of that story is don't be murdered in New York City. In the news is Chipotle. Just a warning shot.

Just a little warning. Amazingly, and I don't think I've ever seen. seen this. Chipotle announced a 50 for one split. I don't think I've ever seen that. 50. Now, they have let the stock. It was 3,000 bucks at the open today. It was 2,800 before the open, when it opened, it was 3,000. Stock is done very well throughout the years, as they kept opening more and more Chipotle's. By the way, I just saw their opening a new one here, within a mile and a half, two miles of another one, and it's a drive-thru. I've never seen a Chipotle drive-thru. My problem with Chipotle,

it's a different taste every time you're there. One time it's spicier, the next, whatever, but it's pretty damn good, I must say. Back to the splits. So it used to be the norm in our markets were to have stock splits. Stock split, stock split. You get too high stock split. The theory by the companies was, well, it's too high a price for individuals and things like that.

I don't know exactly when the transition happened, but people stopped stock splitting to the point where Chipotle 3,000, booking holdings, 3,500. I guess they decided to follow Berkshire. and there's just a lot of stocks that are now five we never used to see stocks at $500 you know they would get to $2,300 and split two for one it were two for one splits every now and then a three for one Chipotle with a 50 to one and we just told our peeps in the morning be careful about buying this here and so far that was okay it's correct because it really was opening and it was 3,023 right near the open,

finished at 2895. We're just letting you know, there's now, nothing changes in the market cap dynamic. One share becomes 50 shares. Price gets divided by 50. You have the same dollar amount, all things being equal, if there are no changes.

But we're just letting you know it's going from 27 million shares outstanding to over a billion. In my brain and in my thought process and in my back testing, big splits, they haven't been good for the stock in the past. I've seen 10 for one splits haven't been good for the stock. The one stock I believe that there was no issue with a bigger split was Apple. I'm not sure when they did it, but I think they did a 7 for 1 split. I think it was 7 for 1. And of course, Apple kept doing what it was doing. So just words to the Ys in case you're looking at it, may want to let that sucker settle down.

And just, you know, well run. I know they had one issue on safety. in the past. Didn't they have an issue with people getting ill or something like that and the stock got hit? But man, it's been performing. It came out of its bare market like everything else at the beginning of November. And it's up about 40% since beginning of November, culminating with today. Just be careful. I'd be careful. We'll see how it goes. And we'll keep an eye on that because we're always, always Always thinking and remembering. And this one will go in the file manager.

That's how we remembered the Apple 7 to 1 split that came out of my brain out of nowhere a second ago. This one will be a big standout. 50 to 1. I would have only done a 10-for-one if I was them, if they wanted a split. Get it down to 300. But I don't run the joint.

Wish I did. I gather the CO is doing pretty damn well. and man oh man to be able to find something like that that becomes so successful and it's something you see and pretty much understand you ever going to chippoile they don't like sell a lot of things burritos and bowls chicken beef rice black beans veggies veggies guac anything else It's about it, right? And they have these goofy sodas they sell. I think that's about all they do.

Have they added anything else? I don't think so. I usually get the double chicken bowl brown rice with the veggies and the corn. They have the corn and the lettuce. With the mild. I like the mild. Even though I love spice, but for them I like the mild. Anyway, that is my thought process on a 54-1 stock split.

Back on the market. I'm always careful with my words. I love today's action. I haven't said that in a while. I would have been in hope that it happened a few weeks from now. Let the market do a little bit more. I'm not so sure the market wants to wait. Not so sure the market wants to wait.

I'll know a lot more. I've already scanned and I'll have about 200 names to go over again. Yeah, 200. And then I will narrow it down. on whatever I want to add and we'll be doing some adding and some subtracting also and some crying over anything we sold

that's now higher. Now we never cry. We learn. That's all we want to do. Just keep learning. And close our eyes, hold our nose and pray. Hey, tomorrow we'll be on with Stuart Varney. 10 a.m. hour.

Check it out. Fox Business Network. And until tomorrow, Again, thanks for those kind emails. And thanks for listening. And until tomorrow, drive carefully. Take care of yourselves. Exercise. Alcohol is overrated.

Don't listen to the gambling sites. They suck. And when you get home, make sure you hug your children. Thanks for joining us, everybody. Always appreciate your time. Until tomorrow's same time, peace out. Bye-bye. This has been Investor's Edge with Gary Cult,

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