Investor's Edge with Gary Kaltbaum - The memes! [05.13.2024]

Episode Date: May 13, 2024

https://garykaltbaum.com/

Want to earn extra income for your business? Amazon Hub Delivery is looking for ambitious business owners to assist with local deliveries. When you become a partner, you and your staff will deliver packages to customers in your area on a schedule that works for you. With each package delivered, you'll gain extra income and exposure for your business. Plus, Amazon Hub Delivery makes it easy to get started. There's no upfront costs, delivery experience, or long-term contracts required. Sign up to learn more at Amazon.com slash Hub Delivery. That's Amazon.com slash H-UB delivery.

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 being with us today. Glad you here, ladies and gentlemen, happy that you are listening. Monday, May 13th, 2024.

And as always, we got a load to cover. As you know, this is serious talk on everything affects you. Whether it's your job, your industry, the markets, the economy, them. you know what we mean by them. But first, if you do not get this radio show in your city, we'll post it at garyk.com. We'll post it on a Twitter feed, which is now X. We'll also post it on all these podcast apps. And if you don't follow us on X, you really should.

And if you want to email me, just be nice. Ladies and gentlemen, back, pay attention. Because what is our number one goal is to protect you from losing, losing your capital. First and foremost, good markets, bad markets. Our goal is to make sure that you never get busted up with your capital. January of 2021, I don't know what buttons were pushed. I don't know what lever was pulled.

But I do know a stock named GameStop went from $17. the $483 in a matter of days where the world was going crazy, Wall Street yelling and screaming over it. And it turns out it was this Reddit chat board where people yap, and they took advantage of what is known as a gargantuan short position. What does that mean? People were betting on GameStop in a very big way, to go to nothing because of how bad the business was.

And they were able to gather enough to juice it and cause one of the greatest short squeezes of all time. 17 up to 483. In fact, I'm going to give you the exact dates while I got you. On January 8th, it was 17 between 17 and 18. on January 12th, 21 was between 19 and 20. Then on January 13th, it hit a low of 20, a high of 38, last was 31. And then it went to 483. The day it was 483 was January 28th.

It hit 483. The low that day was 112 closed at 193. Within two weeks, it was down to $38. You feel me? And during that time, as I told you, and this is a definitive true story, we don't make things up here. I got a call at the office from somebody who I don't even know. We answer our phones. I answer my phones.

Asking me whether they should buy GameStop, it was the day after it hit 483. and I don't remember exactly how the day went, but the lady was about, I'm going to guess in her 70s, maybe even in the 80s. And I still remember when the call came in, the stock was $310. And I explained to this young lady

that just two weeks before it was $20. You would be paying $310. And I asked her, do you think there's risk in that? And her answer was to me, what if it goes to 500? Not caring at all. That something, an entity, forget whether it's GameStop or whatever, just went from 20 to 483. She thought, because it was 483 and it was down to 300, there was value. I'm not making this up.

while I was on the phone with her the stock went from 310 to 3.30 and you can hear it in her voice how pissed off she was that I would not give her a yes and in a huff she hung up on me. Quite the rude. I never heard from her again. I don't know anything what she did.

Hopefully if she bought in, well, let me put it best. That day the stock closed, at 325 the next day it closed at, and we're not making this up, 225, the next day it closed at 90. And typically what happens to people like that is they end up in the web

and they say screw it, I'll hold it to zero. That was GameStop. They did a four-for-one split game stop. And subsequently, did the slow death from 480 down to 40. Last I looked, that would be in the 90s. It had dropped. GameStop.

AMC theaters experienced something like that. AMC theaters went from, you know, I don't know if it did a split or not, but let's use the numbers as of this second. You know what? Actually, I can tell if it did a split. If you give me a second, because I have to make a very important point. Let's go back to 2021. As I do that, how I do this right on radio with you.

Yes, we can do that. So, AMC, let's fast forward to the fact that the stock is down 99% from the highs, going into the last few days. No, really, 99%. No, that's not a typo. 99%. You got me? 99%.

The stock hit a high on a major short squeeze at almost $400. It hit a low recently at $2.38. That was caught in a short squeeze also. on a company movie theaters losing a lot of money and we're not even commenting on the companies by the way we're we're commenting on the stock and you

so last week game stop excuse me a week ago Friday it went up from 12 to 17 on very heavy volume and I was thinking to myself that day well who's who's

playing around with this. I have no idea who Roaring Kitty is. Roaring Kitty. But it's somebody's moniker on Twitter and maybe other social medias, Reddit. I looked into it and it says the person's name is Keith Gill. Never met him. Keith Gill, for the first time in years, posted on Twitter. The stock of GameStop, which closed at 17.5 on Friday, opened around, let's call it 27, hit a high of 38 today.

Because of a man with a moniker roaring kitty just put up a picture, a couple of pictures. and I'm thinking to myself first and foremost somebody front ran what he did today seven or eight days ago but the bigger picture is one drop let's call it 92% the other one dropped

99% and I'm going to use a word and I can use it generally because I'm not aiming at any person. The idiots have not learned their lessons. Even though

these two entities drop 92 and 99% from their highs off their froth highs. Off of, we're not making this up. I am not the onion.

I am not the Babylon B. Off of somebody by the name of roaring kiddie on Twitter, posted up some pictures. Up next. My message.

The usual. This is the one only Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investor's 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, 4,000. 422-5-559.

That's 888-4-2-2-5-9. That's 888-4-2-2-2-5-5-9. 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 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? Yeah. My cell phone is a mature technology at this point. How far are we from that point with Kondo? 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. Want to earn extra income for your business? Amazon Hub delivery is looking for ambitious business owners to assist with local deliveries. When you become a partner, you and your staff will deliver packages

to customers in your area on a schedule that works for you. With each package delivered, you'll gain extra income and exposure for your business. Plus, Amazon Hub delivery makes it easy to get started. There's no upfront costs, delivery experience, for long-term contracts required. Sign up to learn more at Amazon.com slash hub delivery.

That's Amazon.com slash HUB delivery. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stock up 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, or aida, 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 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. 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. So. This guy posted on Twitter, and he hadn't posted since June 18th of 21. The first is a picture of somebody sitting back in a red chair and then sitting up straight. The next one looks like something, Wolverine from that movie. The next one is Ferris Bueller. At the end of the movie, when he comes out and says, you still here?

the next one is a video of I don't know what movie it is looks like Game of Thrones actually the next one is a video of I don't know then a car I'm going to stop ladies and gentlemen whoever this is

is trying to make himself famous again and he already has because of idiots and when I say idiots they're delving into stocks that they know drop 92 and 99% but want to jump on board while they are moving. They don't care that this person of Roaring Kitty sucked everybody, I take that back. People sucked themselves in. I can't even blame.

guy and I can't even blame him again for people jumping on two things that drop 92 and 99%. Now what's my usual line? I want you to listen carefully. I am not saying to buy, sell, short, or cover. I am not telling you what to do. But, But I'm going to repeat the line that I mentioned when any of these things went ape crap to the upside. And that simple line is, just don't be the last one in. The next line, they all eventually go back to where they came from. The next line, if you do get in and things go awry, you had best become a traitor. That's T-R-A-D-E-R, not T-R-A-I-T-O-R.

Am I surprised this is happening again? No. I'm surprised it's happening with the same names. But then again, they still have large short positions, and they're getting taken advantage of. You got me? Why am I bringing this up? Let me repeat again.

Listen carefully. they all, without fail, eventually go back where they came from. AMC today closed at $5.23, excuse me, $5.19, up 78% on 2,59% volume. average daily volume is 18 million it traded 468 million shares the float is only 260 million i don't know what it does tomorrow i don't know whether it takes a crap from here i don't know whether it doubles from here don't be the last one in game stop today closed at $30.46 up 74% average daily volume 8 million it did 176 million shares there is a eight times a 65 million share short on that one i felt i had to bring this up today do you know why because i know wall street they will have a megaphone on this

crap they'll have a megaphone amazingly they raised a few other stocks also but i wanted to just stick with those two. Oh, Reddit stock was up $4.66 over this. If this roaring kitty bought into this thing 10 days ago and got it moving

and then pulled this, you know, if he's not in my business, I don't think he can go to jail. If he's not my business, I don't think that's a violation, is it? But maybe it could be. That's an if. We're not accusing anything of anybody except

we know when there's insider trading before a buyout, when we see volume up quadruple three days before as the stock's up 10%. Or major options players are buying calls left and right of the company that's to be acquired. Let me repeat. We are not telling you to buy, sell short a cover. We ask you to remember what happened before and that these stocks drop 99 to 99 to 9. From the highs. We have no idea what happens tomorrow. We don't know whether AMC...

Let's see. AMC is five bucks. Had an all-time high of 393. I have no idea whether it goes back to 393 or goes back to two bucks tomorrow. Just don't be the last one in. And know your business. Use your own little psychological indicators. sleep indicators.

They call them. We expect other names to show up. Which takes me to the other part of the equation. So Gary, in the past you have said when there's extreme froth and speculation, that does not happen at the bottoms. And you allude to the fact that more often than not, it happens near the tops. well, that is correct, and that would be a very good question and of course a very good answer. But the other part of the equation is extreme froth and speculation, which is sentiment,

and extreme sentiment has never been what we call a pinpoint indicator, meaning just because you have massive froth and speculation does not mean the market's going to top right then and there. If you recall GameStop, that's my music. Up next. If you recall GameStop, dot, dot, dot, that's up next. On this, 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. My cell phone is a mature technology at this point. How far are we from that point with Kondo? By 2029, we'll build the first fault-tolerant quantum computer.

That is one that can run a very, very large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Amazon Hub Delivery wants to partner with your business. Help your business. Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub delivery. You and your team will deliver Amazon packages to customers in your neighborhood on a schedule that works for you. And you'll be paid for every package you deliver. Getting started is easy.

There's no delivery experience required, no long-term content. contracts and you receive weekly direct deposits. Earn more. Gain exposure for your business. Apply today at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. Know a local business that would make a great partner, a local coffee shop owner, florist, automotive shop, dry cleaner, you name it. Refer a business today and earn $500 when they successfully join the program. Visit Amazon.com slash hub delivery to learn more or refer a partner. That's Amazon.com slash HUB delivery. Now looking for hub partners in your area.

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-San, 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 Colbomb.

It comes highly recommended. You're going to feel better if you talk to him. As we said, this type of froth and speculation, is something to think about putting the file manager. But it's not pinpoint. In other words, GameStop topped out in June of 21. Excuse me, right at the beginning of February of 21. Kind of got a retest in June of 21.

But the NASDAQ did not top out until November of 21 and actually had another move up. the S&P topped out about the same time and then they'll all hell broke loose we'll keep watching the market if the big indices stay above the 50 day good if they go below the 50 day bad and we'll let the market decide but this should be in the file manager

ridiculous froth and speculation and in the same crap that the idiots did not learn their lesson but by the way let me finish on this note. Hey, hey, maybe they go a lot higher and maybe people are going to make a lot of money off of it. Hey, you have been notified

by your handsome and buffed toast. You have been notified. We'll keep on watch for you. We promise. Market didn't do a lot today. Dow is down 81, S&P down one, NASDAQ up 47. NASDAQ 100 up 37, and that is Apple, gapped up on AI news, came back down, AI news, the same AI news today, right back up a little bit, still trading where it was in December of 21, still has the issue of sales are down year over year, but the AI is alive and well, and we'll see where it takes us. That helped the NASDAQ now.

NASDAQ 100. I must state for the record. NVIDIA little bounce today. Netflix continued up after gapping down down down five and change. They report this week. Amgen down four. They were up on drug news and whatever. Financial's pulling back a little bit. McDonald's down three and change. Rallied up the other day and I found out why. What are they doing a $5 meal or something? them. Well, it came right back down. And by the way, the restaurants are starting to act a little bit iffy. Half the restaurants are in a bare market, the other half that are strong. Starting to have a little distribution, we'll see. A constant right now is China in emerging markets. China had another good day, but Alibaba reports tomorrow and we'll see what happens.

In case you don't know, the Chinese government announced they bought $41 billion worth of their own stock and they're continuing to buy more. and that's what's helping out. Whether or not it's other things like recovery, this, recovery, that I don't know. Gold pulled back today. We bought gold, sold gold, made profits. We bought gold, sold gold, made 20 cents. Right now we're agnostic on gold. The gold miners have started to act a little bit better than the metal,

but tomorrow, since we sold probably gaps up. Why would it gap up tomorrow? if the inflation number's too hot, the dollar goes up, excuse me, is too light, the dollar goes down, goes up. But I'm not going to sweat it too much. That's the story there. Earnings this week. You know how I've been saying 12 and 13 pages of earnings?

This week there's only two pages of earnings. Yeah, only two. of note just to let you know is Home Depot in the Dow. Ali Baba Damar. That'll be important. Cisco in the Dow, not as important as used to be. Walmart in the Dow. Oh, by do another. The two big China names are reporting this week.

At a third, JD.com. Under Armour reports, deer reports, Canada Goose reports. Boy, those jackets are expensive. I bought my son one of those jackets. Very expensive. Because I'm a good dad. And I still remember the last time I was in. London, they were really protesting the Canada Goose shop. Why? Canada Goose. A little more of note today.

And I don't know if I'm not, I don't think I'm saying this as a negative, but as a heads up, all this AI talk and all the announcements of AI. and I mean inundated with announcements of AI now. Well, it better be as good as a good at Nathan's hot dog. Because I got to tell you, I'm always wary of the overdone. I'm always wary of the overdone. Apple never announced anything AI, and now all their announcements are AI now. Everything includes AI, and I'm not saying they shouldn't. but the announcements are being repetitive AI.

And also, you've got to give a little blame to the analyst, taking advantage of it also. We'll just, we'll let you know. Methinks. We think. Not AI, but the handling on Wall Street of AI may be getting overdone now. I take that back. Is getting overdone.

Announcement after announcement, after announcement, after announcement, after announcement, AI. That'll be the greatest thing since sliced bread. Nathan's hot dog. New York pizza. Seriously. Or else? Just letting you know. Yields back down a little bit more today, 4.481 on the tenure.

That's what matters most, not the Fed. And again, tomorrow and Wednesday. There are going to be some important report on inflation. That will, I believe, move the needle. And I must tell you, I have no clue which way right now. Because the market's not in an up trend and it's not in a downtrend. It's range bound. They dropped it, brought it back.

Overall uptrend, near-term, straight lineage with one nice dip. If we break out of range for the big indices, there you go. And maybe it does that tomorrow. Maybe it does that tomorrow. What would have to happen is a nice, relaxing, easy number on inflation, which has interest rates tank, market goes up. And even though I did a webcast this weekend for my peeps with just, I can't begin to tell you how many stocks in bad jobs.

shape. The indices are back above the 50 day and they are set up. They are poised to potentially break out if they want to. To the upside. We'll see what happens tomorrow. We'll be on it. 8.30 a.m. I believe the inflation number. Tomorrow is either the PPI or CPI.I. Consumer price or producer price. And remember, we don't trust the stats. Remember through the decades, They have changed the inflation formula to make it lower, and they've changed the formula on GDP to make it higher. That's our government. But we deal with the reaction to the news. And again, that'll be tomorrow.

What was interesting today, we had a bunch of low beta stocks that we were following. And a few of them broke out last week on no volume, though. They all tucked their head in today like Frightened Turtles. tomorrow's another day. Little tidbits on the market. What else is going on in the world? Well, I had to bring out my little list here, and I wanted to repeat to you some of the things Warren Buffett had said,

and something that has nothing to do with the market that I loved. Brilliant advice from Warren Buffett. Ask yourself, who would you want to spend the last day of your life with and then meet with them as often as you can. You ever think about that? That's a pretty good one for Warren. Up next, more tidbits. News of the day. I'm Gary. This is the one only investor's edge. Hello, hello. I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna. And I asked him, how can companies use AI to its fullest potential to create smarter business.

My one advice to them, pick areas you can scale. Don't pick the shiny little toys on the side. For example, if anybody has more than 10% of what they had for customer service 10 years ago, they're already five years behind it. If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive. Yeah. Wow.

So we are not asking our clients to be the first experiment on it. We say, you can leverage what we did. We are happy to bring out all our learnings, including what needs to change in the process, because the biggest change is not technology. It's getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. Amazon Hub Delivery wants to partner with your business. Help your business.

Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub delivery. You and your team will deliver Amazon packages to customers in your neighborhood on a schedule that works for you. And you'll be paid for every package you deliver. Getting started is easy. There's no delivery experience required, no long-term contracts, You receive weekly direct deposits. Earn more.

Gain exposure for your business. Apply today at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. Know a local business that would make a great partner, a local coffee shop owner, florist, automotive shop, dry cleaner, you name it. Refer a business today and earn $500 when they successfully join the program. Visit Amazon.com slash hub delivery to learn more or refer a partner. That's Amazon.com slash HUB delivery.

Now looking for hub partners in your area. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stock up 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-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 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 guesters edge with Gary Culper. All right. All right, let's go. Warren Buffett, there have been times in my life. I've been awash in so many opportunities I could have invested. Everything by nightfall. And there's other times like now. When we just haven't seen anything that makes sense that moves the needle,

as we've told you, the Warren Buffett indicator is the fact that the market, based on his own indicator, the price of the market's in the trees. Just letting you know. In the news, San Francisco's real estate is crashing. That's Nancy Pelosi's district. She never gets asked about it. Just letting you know. What's the crown jewel of the west coast?

and teared on the brink of collapse, and it seems like nobody's sounding alarm. Of course not because politics. J.B. Diamond, CEO of J.P. Morgan Chase did not mince words when he says, when he compared San Francisco's woes to those in New York City called the Bay Area in Far War shape. And it shows pictures. I'm looking at the thing here. And things considered a penthouse at a San Francisco four seasons residential, initially listed November 2020 for $9.9 million. nobody's buying it for 3.75 million now.

Just going through the numbers for your kids. And a lot of these things have in common, which takes me to St. Louis. In case you don't know, St. Louis becomes a ghost town. With $205 million size skyscrapers are selling for under $4 million and a decaying downtown. Another city. What do they all have in common?

Speaking of that, in the news, And again, we don't make this up. We really don't make these things up because these are cities and it's very weird. You know, Stefan Diggs is? He's a wide receiver for, I think, Buffalo and he may be going elsewhere. He has a brother named Dara's.

He's been sentenced to two years of probation, felony robbery and beaten the living crap out of people with two other men. And there's video of it. a vicious, disgusting attack. No jail.

No jail. No jail. You know how much that is going on around this country right now in different cities? A ton. A ton. A ton. Charles Bronson. You know who he is, right? Right?

In many movies, he was a vigilante. There is no doubt in my mind. Seriously. By the way, he was born Charles Buczynski, Charles Bronson. There is no doubt in my mind that there's going to come a point in time where some criminal beats the hell out of a girl or rapes a girl or whatever to anybody. and a dad or a mom is going to show up to that person's place that was let out of jail that was let out with no jail and it's just going to be vigilante justice

we're going to have vigilante justice I'm reading about it every day every darn day it's amazing movies with death wish by the way what these judges if it happened to a judge's family maybe

I gather at that point they wouldn't let the thugs out in the news they even walked out on Jerry Seinfeld at a college commencement address Jerry Seinfeld because

he's a thre I put up a tweet that got a lot of response and I figured I'd say it to you here because it really is true and I've said it here before because we've seen a lot of these protests proliferating and of course it's the Antifas and all kinds of other snot-nosed idiots

and organizations we just do not want you to forget and here's my tweet Do not forget 99% plus of us are not racist anti-Semitic ass clowns. The 99% plus of us are just trying to do better for ourselves and family, going about our business, creating, producing, loving, and treating all non-racist, non-antysemitic people equally. I would just want you to remember that. These people are protesting what they consider to be violence with violence.

We just want you to remember that. Amazingly, they called them queers from somewhere blocked an interest to Disney World this past weekend while I was in New York. And as I say to you on this show, Tick, Tack Toe, you couldn't even talk to them. You can show them videos of gay people being hung in Palestine, being stoned. in Palestine. And they'll say it's artificial intelligence and not real, while defending Hamas and terrorists. The BBC, the British Broadcasting Corporation,

still refuses to call Hamas terrorists. It's so weird out there. Tic-tac-toe proliferates. Just letting you know. How to bring that up. In the news, Ford losing $1.3 billion on electric vehicles. in the first quarter of 24. We're just letting you know.

I was at a Mercedes dealership the other day. They can't sell any of their Mercedes electric vehicles. They're marking them down left and right. EVs. If there's anything Trump said this weekend I liked, he said he'll take the EV mandates and shove it up the charging station. All right.

Lessons learned. Be careful. You have a great evening drive carefully when you get home to like we do. quite simple. Make sure you hug your family. Make sure you hug your children. They will feel better. You will feel better. I promise. Peace out, everybody. Thanks for joining. Same time tomorrow. Bye-bye. This has been Investors Edge with Gary Coltbaum on BizTalk. To listen to past episodes or to get

in contact with Gary, go to GaryK.com. That's GaryKK.com. Amazon Hub Delivery wants to partner with your business. Help your business. Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub Delivery. You and your team will deliver Amazon packages to customers in your neighborhood on a schedule that works for you, and you'll be paid for every package you deliver. Getting started is easy. There's no delivery experience required, no long-term contracts, and you receive weekly

direct deposits. Earn more. Gain exposure for your business. Apply today at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. Know a local business that would make a great partner, a local coffee shop owner, florist, automotive shop, dry cleaner, you name it. Refer a business today and earn $500 when they successfully join the program.

Visit Amazon.com slash hub delivery to learn more or refer a partner. That's Amazon.com slash HUB delivery. Now looking for hub partners in your area. 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.