Investor's Edge with Gary Kaltbaum - The Hot Summer Week In Review [08.15.2025]

Episode Date: August 15, 2025

https://garykaltbaum.com/

Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORAIDA, Silk, Capri-Sun, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up

and go pick up or delivery. Restrictions apply. See website for full terms and conditions. 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 Colpom, your host day.

Thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is August 15th. It's Friday. It's 2025. And if it's a Friday, you know what that means. I'll be on an airplane. Hope you have a good day.

Hope you having a good weekend. As always, serious talk on everything that affects you. We'll do the markets, the economy, your job, your industry. Trump and Putin. And I must tell you, they preempted General Hospital at the most important time today for Trump and Putin, which really irritates me. So I'll have to go on the ABC site and watch it. Oh, well, what can I tell you? You don't mind me saying that, right?

I have two things. General hospital and professional wrestling have been part of my whatever forever. And it used to be one life to live in all my children, but they took them off the air. Anyway, in case you don't know, serious talk on everything that affects you, as we said, the markets, the economy, your job, your industry, Trump and Putin. And other things are showing up that I need to talk about. A lot of jello moving on the plate today in the markets, and we're going to cover it. From Warren Buffett to United Health to the bad, bad day today

in a certain area that could be of import, maybe, maybe not. And if you do not get this radio show in your city, we'll post it at garyk.com. We'll post it on our X feed. I'm getting used to saying X instead of Twitter. We'll post it on our X feed. And if you like to follow us on X, go ahead, put our name in. And if you'd like to email me, you've just got to be nice.

Very simple. We're very nice here. We're very respectful. You can disagree with us 1,000% and we'll say thank you. And that is all. So the big news today, the president is meeting with a murderous thug. Vladimir Putin that he has murdered people that disagree with them with poison falling off buildings and weird car crashes

he invaded Ukraine and what's interesting about all that is a ton of his own soldiers have been killed in this war for land and I've always wondered so you get some land what be freaking do he just I'm hearing

tens of thousands of his own citizens soldiers are dead anyway we'll see what comes of it I must tell you that as you know

I kind of watch everything this is how sick some of these media ass clowns are before the meeting you got five jerks on TV including I'm not even to mention names

one of them has been like a has been used to run somebody's campaign. They already said Putin is one. What a bunch of jokes. These hateful, political, pundit jokes. Think about that. You got the president, and as you know, I got problems with him,

he's trying to, and he may be successful or not trying to stop a war. Maybe he will, maybe he won't. Maybe nothing comes of it. These clowns, oh, he already lost. Amazing. It really is amazing. Anyway, so that's going on right now. You can think what you want.

Hey, we all have our opinions on these things. I just like peace, don't you? Anyway, so that's happening right now. Not really, I don't think it's a market mover in any way, shape, or form. Next thing I want to bring up. And we'll do the indices later. Let's start with United Health. I know you've been hearing about that today.

In case you don't know, United Health is a stock that went from $606 in April, hit a low recently of think about $234. It's a Dow stock. It was been one of the strongest Dow stocks. It is in the managed care and whatever health care benefit plans and all that crap. And of course, what has happened recently, first off, it started with a murder. Luigi, you know Luigi, the one that's getting marriage proposals because he's good looking? I got to tell you, some people are just weird. Luigi, the guy who murdered, such a cowardly nothing, nobody, that shot a man in the back. That is getting GoFundMe money from people and people saying the guy deserved it.

Imagine you're the CEO of a company and you just leave a life and doing your best you can. You got wife and kids and you got shot in the back and people are celebrating it. I got news for you. Those people better get a big mirror. Anyway, it started with that because what's come of United Health is it has been pretty much disclosed that they were denying claims like 10 times higher than anybody else. And then there's been a justice department and then a criminal investigation and it just kept going lower and lower and lower. I've been amazed. And from 606 to 234, you're ready? Let me see if I can come up with this number.

So you have an understanding what it means to the Dow. 606 minus 234 equals 372 times 6.5, 2418 Dow points to the downside since April. Well, in the last five days, it moved up from like 240 to 270. Not because of any news, but it just decided to go from 240 to 270. And it was announced Warren Buffett took a big position. and it was announced that other hedge funds took a big position and the stock was up today $32.32.008 Dow points. Well, the Dow only finished up 34.

So you can see that United Health was the head honcho top dog Big Cheese today. Counts when it goes down. It counts when it goes up. We consider that. Volume was heavy. and I get all kinds of emails, does it really matter? Well, let me state for the record, all these hedge funds were big time underwater. In case you don't know, these are old numbers that come out.

It's from the second quarter from the beginning of April to the end of June. I can tell you from the beginning of April to end of June, the high was 606. The low was 234. Excuse me, the low was 295. So they could not buy it lower than 295. which means they were losing their butt at 234 a few days ago. So they're not geniuses or anything, but Warren Buffett has some what we call cachet, even though one of his biggest positions now is Occidental Petroleum.

He's been buying that for a couple of years and he's getting smoked on it. But it's Warren Buffett. And then you add in some of these other people, and I got asked by many people, so what do you think of United Health and I use the same word for all of them? I am agnostic. I have no clue what happens from here. It is not like anything fundamental changed. It is a matter of.

It's down. It's out. It's under owned. It's under love. The whole works. And it looks like because of these very smart people throughout the years, it got a big gap to the upside here. And we'll see what happens in the weeks ahead. Simple as that.

That's my answer. Technically, I got nothing to say. That's chart patterns. I got nothing for you except it gapped up today. that's it so that's the united health thing also warren buffett took a position in d r horton linar we've been talking about the housing stocks but they opened up hot and they was sold off and he also took a position in new core and guess what new core opened up at 152 closed at 145 so that was kind of not big meaning so i just want to let you know that was the story on united

health today and we'll see whether these people are geniuses or not what i don't like And I just wonder, was there leaks? Meaning, all of a sudden, all these hedge funds are buying into this company, kind of sort of at the same time? Did they kind of know? And just remember, Warren Buffett's not, I don't know if he's really running the show at Berkshire right now. There's this other guy. I'm just wondering that all of a sudden, all these people bought into a stock,

that was getting trashed with Justice Department all over with criminal investigations. I don't know what to tell you. You know I'm a skeptic on a decent amount of Wall Street. So just wanted to let you know that was the United Health thing today. The final numbers, Dow was only up 34 with United Health up about 208-Dow points. Weakness, Goldman Sachs, 16 and change. That's 100 Dow points. interesting

that's what stood out Caterpillar down nine interesting you know how important Caterpillar is to us and that's topped out recently so we'll see what next week's bring I will tell you that you had some great advance declines day this week you had one bad one today was

and a lot of jello moving on the plate today which I think is of note and we're going to talk about each area and, huh, let me throw it out to you. It may need to be on your toes. Up next, all of that, much more.

I'm Gary. This is the one-only Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals.

Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-22-55-9. That's 888-4-22-55-9. That's 8-88-4-2-2-5-5-9. Investment Advisory Services offered through call-bomb capital management. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM.

I recently spoke with IBM's new director of research, Jake Gambata. We discussed his vision for the future of quantum power. computing? At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before.

Where do you imagine we are in the timeline of this technology? There will come a point when it will mature, right? My cell phone is a mature technology at this point. How far are we from that point with Conton? By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very, very, very, large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum.

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

Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, body armor, ORA-Ida, Silk, Capri-Sung, Bavarian Meats, and Charmin. Then clip the

offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top savings when you shop in store or online for easy drive up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. 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 Investor's Edge. All right. Let's do

one by one. First and foremost, and this is the real sticking out. Applied Materials, symbol AMAT, this is an electronic semiconductor equipment company. You can go look them up, Applied Materials.com, and exactly what they do. The stock was down 14% today and four times average volume. This is an important semiconductor equipment company. It's an important semiconductor equipment company. It closed today, trading where it did in January of 22, so three, almost 3.7 years of no gains. They reported guidance came down, and the question is, oh, wait a, we're the equipment makers. We get orders starting to slow. Remember, other companies are involved.

So we just want to let you know, that's for starters. Big breakdown on that stock, without a doubt. But we're always looking, what else? There's always sympathy moves and sometimes it gets ignored. I've seen plenty of times where one stock in a group gets trashed and the other stocks may be gaped to the downside and then they rally. Let's take a look. K-L-A-C, the strongest name in the group, finished down 80 bucks today, down 8.4%.

And what was interesting about today, it opened up. at about 920 and closed at 875 so the institutions was selling the stock today almost two times average volume double average volume that's of note lamb research was at a new high not anymore was down 7.3% today on more than double average volume that's the group right there and of course it did not help the whole semi-conductor complex now there some other names ASML was only down a percent and change. Really, it is a threesome of those that I watch closely, and it was rough.

And there's a few other semiconductor equipment companies that were down today. The Sox was down 132. Just not a great tone whatsoever for those areas, and I think probably more than likely they should be avoided right now. which gives a little pause because you know how important semiconductors are to our work so I just wanted to start with that one that's number one number two

Goldman Sachs down 16 today hmm JP Morgan keep in mind it's a lower priced it doesn't look that bad down three and a half bucks today Morgan Stanley which broke out and tuck back in like a frightened turtle today, down 2.6%, not the end of the world. Black Rock, I've been telling you about that one, down 25 bucks today, over 2% today, to be watched.

Because as we have told you, we pull no punches. Banks and semis matter to us big time. And as far as the banks, I'm not going to say anything real big negative except they had a down day today. we'll see if this follow through next week. And the financials, blah, today. And as we said, the Dow was only up 35 with the United Health up 208. Total doubt price. So you had some ick today. Not the end of the world.

What else stuck out? I wrote a little list here for you. Gold miners continue to act pretty darn good versus the gold. This is a big C change because for a long while the gold is stronger than the gold miners. The gold miners playing catch up. If you go look at the GDX versus the GLD, you will see the GLD, which is gold, the metal, going into its 17th week of range. The gold miners broke out and really ain't given much back right now.

Had a little pullback of no big deal. Gold miners. I saw more this week as far as distribution in some of the AI energy companies, the AI construction companies, you know, the AI kind of thing of mobs. I saw some distribution in the aerospace defense where a bunch of names broke below support levels. So a little bit of that going on, not the end of the world, but for sure, they're uptrue. friends may be stunted for right now and we'll see how they pull them back, whether it worsens or not. But just letting you know, Bitcoin went to new highs two days ago and didn't hold it. Just letting you know back in range. That's all. But micro strategy, again, all they do is

own Bitcoin looks like crap and is now underperforming the Bitcoin. And as we have stated to you, it's just a weird thing they're doing there. Others call it a scheme. I'm just going to say it's weird. Borrowing to buy more Bitcoin, issuing more stock to buy more Bitcoin. And as I have told you Bitcoin, the last bear market was down 75%. I think this thing's leveraged and will get yonked, just in a darn good correction. So just letting you know, and I bring this up because I know a lot of people elderly

that have been convinced to get into the crypto now because of the president and nothing can go wrong. and you have a bunch of touts telling you it's going to a million. One person said three million. Another one said 13 million. Okay do believe that Michael Saylor, who runs micro strategy, said it's going to be worth a certain amount of the, I don't know, the number he gave would be higher than all the GDP of this world,

what Bitcoin was going to be worth, and he said it with a straight face. I was looking at his eyes to see if he smoked a lot of weed. Anyway, we'll keep an eye out for you. If Bitcoin continues to go higher, we'll tell you. If it breaks down, we'll tell you. You really can't hide up trends or downtrends. Just let you know it went to new highs on Wednesday. And I guess the best word is, aborted the new highs, but has not broken down.

and of course the Ethereum's come on strong so all of a sudden everybody's talking about that remember price moves opinion words and emotion you got that which has me in a minute segueing to the other part of the equation

of price moves words opinions and emotion but also dollars, sometimes at the most inopportune times. Up next. That'll be the segue. Thanks for being here. I'm Gary. This is the one-only investor's edge. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Embatta. We discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum,

or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right?

My cell phone is a mature technology at this point. How far are we from that point with Conton? By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very, very, large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills

and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. the fire, APU will fuel the journey. Learn more at APU. APUS.edu. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points.

Look for in-store tags to earn on eligible items from Celsius, Body Armor, Oiraida, Silk, Capri-Sun, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in store or online for easy drive up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. 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 talk to him. Okay.

So recently, just one. warning shots to you. We've given you warning shots based on the information the market has given us. And those warning shots had to do with two things. Number one, hot IPOs being opened like crazy, making a real quick dart to the upside crazily, and then crushing people. And then also there have been. and I don't know how they come out, where they came from, but we have mentioned to you from Asia, stocks that have gone from 4 to 40 and then drop $39 in a day.

Not making this up. So we're just letting you know, and this is not a commentary on the companies, we're talking price here. So I got this other one I found today, called Kuprina Holdings. Today's the first day

I've ever seen it. Because it showed up on my volume screen. The symbol is C-U-P-R. It's Singapore-based. They have no sales. It looks like

in April it came out at like four bucks. It hit a high yesterday of nine and a half. The other ones I noted for you all stopped trading and opened down 90%. Today, in the first 20 minutes, this stock went from 9.5 down to $8.38. It stopped trading. At 1115, it opened back up at 94 cents.

The stock was down 87% today on 20 times average volume. In other words, if you own the stock, you would drop 80 some odd percent and you could not trade in between. This is probably the seventh or eighth name in the last three months that have done this. Warning shot. And they're all from Hong Kong, China. This one is Singapore. And again, this is not a rip on the countries or the companies. It's on the stocks.

Be careful. But we've also warned you about other crap. And that is just suspect stuff. Here's one for you. Fly E Group, F-L-Y-E.

Designs, installs, smart electric motorcycles, whatever, we scooters. It was down 87% today to a buck. Accusations of the company is a figment of the imagination. I am not commenting on that. I'm reporting what came out today on it.

And then there's the IPOs. Symbol Fly was the most recent IPO. They opened it at 50. It went to 74. Six days later, it's 47, 74 to 47. I don't need to do any others. I did a bunch for you yesterday. But we are seeing a bunch of 40, 50, 60% drops in days off of hot IPOs.

I'm not even going to comment if, like Rivian, when that came public and we said, that thing's going to crash because of valuation. I'm not even going to bring up valuation. We're just letting you know the characteristic of this market. They're opening up IPOs hot and they're crumbling. So you're forewarned. And we don't know if it gets better, gets worse. We're just letting you know we started warning you on this in the last two, three weeks.

And it's got worse. So we have to bring that up to you. and a couple of these that just stop trading and opened up down 80 some odd percent I don't even know what to say that's why we tell you just be careful of the specs imagine that

owning a stock it stops trading and an hour later opens up down 85 percent and by the way I don't see any news or explanation I just looked up and we just looked up And we just take our time and go, I'll go right in real time for you right now. Coprina Corporation News. And guess what?

It finally came out. Coprina Holdings plummets 88% in volatility storm. I don't think it's a volatility storm. It just shut down and opened up. And there's no news. It's just a report. Usually there should be news. So just be careful.

Let me give you the good side. Just let you know. Money flows volume today into the solars. There was a story today about solar projects under a certain amount of this, that, and the other thing may qualify for federal tax credits. So first solar up 19 to 199. Some of the bombed out names like S-C-D-G up four and changed to 30.

Just let you know. We have been telling you to avoid solar's forever. Not forever, but for a very long time. And that was a high-volume move today. And we'll see how it goes. So that's the good end. It does not take away from, you know, we started talking to you about, oh, what's selling off today?

the big indices are in good stead. Small caps had a better week, though they pulled back the last couple of days. My worries remain the same. It's the tariffs. It's the spiking the football on tariffs when the definition of a tariff is a higher price while they've been telling us, don't worry, there's no inflation, though now the producer prices come in and they split. spiked up and the

apologist said, oh, don't worry. We'll see about that. The president also threatened more tariffs today before he went to Alaska. By the way, I've been to Alaska once but I had a plane stop there. I've never stepped foot into Alaska and I know I got to do like a cruise or something to Alaska one day.

I hear cruises and then you go up into the you know all that. You've seen the videos. I may have to do that. one day. And I've got to do Norway too. I've never done Norway. How did I segue to that? I have no idea. I was discussing the president. He's Alaska right now. We think a lot of the strong names are now settling down, pulling back, sitting around, and we may get a few weeks of nothingness. I do know one thing that really stuck out to me today that I didn't even realize for a second and video reports in 12 days. That'll be a week from next Wednesday, right?

Is that right? Yeah. So we'll see what that brings. But overall, fine. Big indices. Fine. Remain above the 21-day moving average. Not even down to the 50-day.

Little pullback in the queues today. Because of the semis. And again, that's to be watched. I do have to also mention the airlines have been better. there's been a few things coming on the home builders though they got sold off today off of the Warren Buffett news

I call that a no biggie but what stuck out at the close to me today after I was my doom a little work the 10 year yield backed up the last couple of days and I think that has to be watched I can never promise here

we don't want to see the 10 year yield go above 4.5 We're at 4.328. Why? I don't think the Fed can lower rates if it goes above 4 or 5 because the market will be telling you something. And the market, I think, is dependent on that.

We'll see. Hey, up next, this is that and the other thing? The end of the week. This is the one only investor's edge. Hello, I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Embatta, we discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's

coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology?

There will come a point when it will mature. Right? My cell phone is a mature technology at this point. How far are we from that point with Conton? By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Success starts with your drive, and American Public University is here to fuel it.

With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st.

Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORA-Ida, Silk, Capri-San, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick-up or delivery. Restrictions apply. See website for full terms and conditions.

You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In the guest's edge. with Gary Culper. Um, um, um, um, um, um, um.

Hey, in the news that may or may not may matter to you or the markets. And we believe everything that emanates out of D.C. these days, in case you don't know, Washington, D.C. is now sued Donald Trump and the administration. I don't know who the exactly, the administration. They say the last don't take over by putting the National Guard there and whatever to protect the citizens. I don't know about you, but you give me more security in areas of strife, and I'm a happy guy. I saw Chuckie Schumer, one of the biggest failures in D.C. that keeps getting elected, say, oh, I walk around Washington, D.C. all the time, he's got a security detail. And as I told you, the last time I was in D.C., I had a briskly move away from a few, and I'm letting you know they were 15 or 16-year-olds. They looked like they were ready to come at me. And I got out of there before you can say boo. And don't forget D.C. had to put out flyers to protect yourself from carjackers. It's insanity. Yet, they're suing. It's insane.

Also in the news, the mayor of New York City, yeah, I'm saying he's going to win. There's pictures of him with Ingrates celebrating with people that said 9-11 was a good thing. he's not apologizing for anything he has said in the past or his beliefs he's really out there telling you he's a communist he wants to control the means of production he wants to control price he wants to tell you what you're going to pay when you're going to pay and how much you're going to pay he does not want free markets

he's going to imagine he wants to take over supermarkets He wants to defund the police To fund the police He wants less police He wants Social workers To go take care of people

I got to tell you In the subway last week Somebody was pushed on to the tracks We're going to send a social worker To take care of that person It's insanity Yet he is going to win And he hates Jews

And Jews are voting for him Call me dumbfounded I got to hand it to him he's not hiding it you know all the other Marxist socialist communists when they go for election they hide it or they say they didn't mean it he ain't doing that he's not doing that that's in the news and as I've stated if he was coming in to a small city which still matters that doesn't mean as much but this is New York City by the way he says he don't believe we should have billionaires

just so you know it used to be millionaires but when they became millionaires they went to the bee imagine you're telling your most successful people you shouldn't be that successful and you basically tell him get the hell out and you know what they will do they'll get the hell out

do you know how many very wealthy New Yorkers have moved out of New York City because of these thoughts. Do you remember de Blasio? His exact quote, I'm going to tax the hell out of the rich. They don't deserve to have what they have. So we're going to keep our eye on it. I'm expecting him to win. I don't know what the hell is going on with the voters there. This should be the easiest decision of their lives. Oh, and yes, it's like, I've said it before, the Ebola virus versus the bubonic plague. who they're going against, he's going against, and we'll just see how it goes.

If Trump is able to get big movement on the war in Ukraine, started by Putin, he's got the Gary K. Peace Prize, ladies and gentlemen. He gets the Gary K. Peace Prize, if that's the case. I'm not so sure that's going to happen. The guy is a murderer, a thug, and you can't very much persuade those people. Earnings. Notice the segue. A lot less. My job's easier right now.

I only have two page of earnings next week, but Walmart and Home Depot in the Dow, Home Depot had a good week off of the low rates, but if low rates turn into higher rates, that's going to end. and you got things like analog devices Estee Lauder Lowe's with Home Depot Target TJ Max TJX That'll be all next week

But I only have a page and a half of earnings next week Which thrills the heck out of me I told you about the Amazon Instacart thing I was looking at that today That's big stuff If I was Instacart and these others I'd be real worried

Amazon has its way once they get into something, boy, they are good at it. And if you've driven around and see some of their fulfillment centers that are like the size of, there's one near the airport here in Orlando. I would swear it's like five football fields, if not more. And they opened one up here in Deltona also. And man, oh man, they are good at delivery. And now they say they'll be able to deliver perishables within

hours. If I were Instacart, DoorDash, and some of these others, boy, oh boy, I'd be in meetings this weekend. Nothing like competition on Wall Street. Amazon had a good week on that news. We'll see how it plays out. That all said, you have a great weekend drive carefully. I'll be hanging with the dad. And when you get home, do like we do, make sure you hug your family, make sure you hug your children, make sure you hug your father and your mom. Peace out all. Thanks for joining. And thanks for all your well wishes. Be well, stay well.

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. Success starts with your drive. An American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers,

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