Investor's Edge with Gary Kaltbaum - The mid-summer week in review [07.25.2025]

Episode Date: July 25, 2025

https://garykaltbaum.com/...

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Starting point is 00:00:00 At CVS, it matters that we're not just in your community, but that we're part of it. It matters that we're here for you when you need us, day or night, and we want everyone to feel welcomed and rewarded. It matters that CVS is here to fill your prescriptions and here to fill your craving for a tasty and, yeah, healthy snack. At CBS, we're proud to serve your community because we believe where you get your medicine matters. So visit us at CVS.com or just come by our food. store. We can't wait to meet you. Store hours vary by location. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Coltbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum,
Starting point is 00:00:49 your host. A thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is, if I can get it right, July 25th, 2025. Hope you're having a good day. Hope you are going to have a good weekend. I'm going to be walking my dog a lot. Me and Winston, my shadow. My wife's still up in the Northeast watching the grandson. Anyway, in case you don't know, this is serious talk about everything that affects you. The markets, the economy, your job, your industry, scams and shams and corruption and tariffs and debt and deficits. Whatever's happening, whatever's going on.
Starting point is 00:01:39 We do it without any bias, agenda, and ulterior motive. And you know how we know we do it that way? We get it from both sides, ladies and gentlemen. When I compliment Trump, I get people email me. How can you compliment Hitler? When I put them down, how can you put down Trump who's doing everything for the country? And same with the actual.
Starting point is 00:02:06 Most people don't like Biden at this point in time. 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 garyk.com. We'll also post on our X feed. And you'll follow us on X. You should. If you'd like to email us, just be nice. It'll also be on the podcast apps. And the BizTalk YouTube channel. I think it's BisTalk. I got to check that before I do it. So I am convinced after yesterday, and I'm not going to, but I should do a pro wrestling podcast. Though you now have a 24-7 channel, which, by the way, is fantastic on Sirius Satellite. You know who I love the most? Two people.
Starting point is 00:02:49 Bubba Ray, which is Bully Ray and Mark Henry. Those two guys just know their business big time. Not to shrug off anybody else. Anyway, I have to tell you, and we'll get in the markets in just a couple of minutes. The response I received over my talk about my life in professional wrestling, I wasn't a professional wrestler, but how much I've been into it. And Hulk Hogan, holy crap that I get a ton of emails and reactions in response. Only two of you were jackasses where, oh, he once said, you know, it's funny. you lead a life, you screw up once or twice,
Starting point is 00:03:40 and all of a sudden that's your whole life. And don't get me wrong, racism has to be shouted down. But man, oh man, guy just passed away. And in case you don't know, had done a ton of things for charity and make a wish and all that besides so many other things. And I find it funny.
Starting point is 00:04:04 when I get these emails from people whining, I was thinking to myself the other day that there's a ton of people that want the Menendez brothers, this is how I think, out of jail, murdered the parents, cold-blooded, oh, but they were abused. No, you know what the story was?
Starting point is 00:04:29 They murdered them, said it was the mob, went on a shopping spring, for weeks partying and then they got a good lawyer who came out and said they were abused
Starting point is 00:04:48 and if they were abused by the father why did you murder the mother but people still back that but no Hulk Hogan bad guy anyway you can tell how important somebody's to an industry by the reactions
Starting point is 00:05:05 holy crap big time it was Ozzy like by the way in the music field anyway no we're not going to do a I don't have the time in the day to do a wrestling podcast though I would
Starting point is 00:05:21 blow the roof off without a doubt and I will be at SummerSlam next Saturday night taking my son Eric I went to what I go last year Royal Rumble didn't go to WrestleMania though and that's it for your wrestling
Starting point is 00:05:42 of the day, ladies and gentlemen, as we go into the end of July in the midst of earnings. And a few things I have to mention, I'm so depressed. I pride myself on seeing things as they show up in the market. You can't hide bull markets. You can't hide bear markets. They all have their same markings. And recently, after the Trump crash, the markets have come back, but you really can't tell, as the markets are repairing things, you really can't tell what areas are really going to motor. But eventually, you can.
Starting point is 00:06:48 Also, there are moments in the market. that I recognized, and I only did two things when I should have done 50. Back in June, the markets had repaired for a while. You got the crash. You got back the crash within three, four weeks because President Trump crashed the market and you knew we couldn't crash it anymore, so we had to get rid of the tariffs. and in case you don't know, massive amount of exemptions while he was talking tough. And what happens is you get to the point where you're repairing the market, but you hit a lot of resistance.
Starting point is 00:07:45 And what does that mean? Well, let's say a stock went from 100 down to 75, sat around at 75 for a while, and then dropped the 50. over a period of two or three months. So the last drop is the crash. The market rallies back up. It's a stock, let's use a stock, back up to 75. You had a few weeks where you traded at 75, and you know what happens to that stock, right, at 75?
Starting point is 00:08:22 It stops going up. Why does it stop going up? Because those people that bought it at 75, that was another ledge, are thanking the Lord, they're back to even after watching their stock go from 75 down to 50. So they sell. That's working off resistance. And I identified it so beautifully from May to June. on June 24th, June 23rd, excuse me, Caterpillar broke above, just remember, for six weeks flat, just flat area.
Starting point is 00:09:12 United Rentals, my two favorite stock, United Rentals was on the 24th broke above. Those as we tell you all the time, my two favorite economic stocks that usually lead up or down. Instead, we bought, we bought Goldman, and that worked out very well. We bought JP Morgan, was working out very well, but did not trade it well. And of course, we had the breakout in the semis, breakout in the technology, but that June 23rd and 24th, flat area breakout. I identified it, I recognized it, and I just did a couple of things when I should have been throwing the freaking darts. And let me just tell you, Caterpillar, the little pivot finished up.
Starting point is 00:10:17 The day was the 23rd. The pivot was, if I can get this right, about 365. It's 434 now. What stopped me a little bit on it were earnings down 24 revenues down 10. The earnings suck. But the market's looking forward. And then United Rentals, the next day, perfect, little move. Perfect.
Starting point is 00:10:55 735. It's 890. As they reported crappy earnings yesterday and it was up 60-some-odeled. bucks up next why are we telling you this this is the one only investors 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
Starting point is 00:11:55 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.
Starting point is 00:12:18 The number to call is 888-4-22-559. That's 8-8-5-59. That's 888-4-2-2-8-4-2. 2559. Investment advisory services offered through call bomb capital management. Hi, I'm Dr. Jay Goodman,
Starting point is 00:12:41 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
Starting point is 00:12:58 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
Starting point is 00:13:21 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 IHeartRadio. Listen now wherever you get your podcasts. Struggling to see up close, make it visible with Viz.
Starting point is 00:13:51 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 dim or dark vision, headaches, and eye redness. Talk to an eye doctor to learn if Viz is right. for you. Learn more at viz.com. Cashflow crunch. OnDek's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat. With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently. Apply today at ondeck.com.
Starting point is 00:14:25 Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. Undek does not lend in North Dakota, all owns an amount subject to lender approval. 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.
Starting point is 00:14:49 With Gary Coltbaum. It doesn't get better than this. So, why am I telling you this? Because I'm my biggest critic. I make myself the most accountable and you make yourself more accountable by telling. And don't get me wrong. We missed the bear market.
Starting point is 00:15:21 We missed the crash. We started buying right when we told you the market confirmed right after the 22nd of April. So we're fine. But dang, this will be the month
Starting point is 00:15:40 because there's only been a month of not misses, but not playing more aggressively. And I can give myself the excuse, well, you worry about the tariffs and this, that doesn't matter. The market is very good at factoring in everything. And all I can tell you, the XLI, which is the industrial index, guess what? broke out on the 25th. The materials broke out a week later, though they've had some issues because it depends on what stocks are in there. And I can go through a laundry list of economic stocks that pretty much did the same thing. And again, we bought things. We bought DoorDash, did fine.
Starting point is 00:16:42 But man, oh man. And what I do now with this is you go back, you print out. I can print out the charts going back to that day and study and remember it for the next time. And how do I know there'll be a next time? Because there always has been. And again, don't get me wrong. we don't suck at this but man we're so damn good at this
Starting point is 00:17:22 that I cannot believe I wasn't more aggressive just a month ago just a month ago and the second part of this equation is we saw the what I call this electric power system thing of a bob
Starting point is 00:17:46 that's that GEV and C-E-G and V-S-T and all those things. And do you know what? We bought GEV. And do you know what? We sold with a small gain. And after we sold it dropped 30 bucks the same day. And I'm thinking to myself,
Starting point is 00:18:16 whew, the next day it bounced, the next day it got back to where we sold. And it was above moving averages, and I knew something's up. But then we're getting within 10 trading days of earnings, so I'll wait. What does GEV do? Well, right before earnings,
Starting point is 00:18:42 it drops 40 points. And I'm thinking, okay, cool. Well, on Wednesday, 585. The close was 549 the day before on earnings. 633. And what do I do with that? I make sure that little doesn't happen again. And don't get me wrong.
Starting point is 00:19:12 This is not easy. You got wild swings. You got wild moves. And by the way, if I was going to change anything, GEV was viable all the way back in May it was showing strength. May 19th. So we are already doing a
Starting point is 00:19:33 post-mortem not on what we've done right. And let me be clear, we bought a ton, ton of the big indices starting with April 22nd and adding as we went along. But dang.
Starting point is 00:19:55 And you know we do this going backwards, pass-bill markets, pass bear. But if there's any about stock markets that we know we're constantly on the learn constantly constantly but the one thing we will never ever back away from is never losing big and knowing when things are topping that's how we were out of the trump crash we were out and the first three few weeks before the two-day big crash,
Starting point is 00:20:38 it was all about uncertainty from the tariffs because he wouldn't keep quiet about it. So the market was already yacking. So now they've learned, and that's the good news, and I'm pretty sure we'll have tariffs, but exemptions up the arse, and as we said to you, 10, 15%, worked around. easy-peasy.
Starting point is 00:21:12 So that's our little bit of, man, we were just looking around today and seeing, and just remember, earnings, there's not much you can do about it. I don't get in front of them. But GEV, how about F-I-X today? Up 125 bucks gets what they're into. Ventilation and air conditioning for institutional commercial markets, the talk of maybe these data, centers don't know. In sympathy before their earnings, M-Core, EME, guess what they do? Construction for commercial. Boom. There's another one. By the way, that kind of, I wouldn't have bought that one, even though it kind of moved out of that flat area also. So that group is
Starting point is 00:22:01 mooey sizzling right now off of earnings reports that I tend to to not get in front of because for every good earnings move, oh, I can give you a craplode that I'm going to be looking over on the weekend of earnings blowups. And we've had quite the few in some important names. IBM, blew up, Chipotle, blew up. Southwest Airlines was acting well, blew up. Otis Elevator, blew up, SAP, blew up, Texas Instruments, blew up. Canadian National blew up.
Starting point is 00:22:43 How about these managed care stocks? Holy crap, huh? Tesla blew up. Though they bounced it today a little bit, you know the analysts were out defending the hell out of Tesla because they're getting there, you know what's you know what did. I trust them as far as I can throw them. And for all you Tesla people, $300 looks like defense.
Starting point is 00:23:12 Defense. Up next, we'll give you the numbers for the day, the week, and whatever else. 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 pharmacist 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.
Starting point is 00:24:01 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 IHeartRadio.
Starting point is 00:24:46 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. Cashflow crunch?
Starting point is 00:25:06 OnDek's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat. With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently. Apply today at OnDec.com. funds could be available as soon as tomorrow.
Starting point is 00:25:29 Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. On Deck does not lend in North Dakota. All loans an amount subject to lender approval. 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.
Starting point is 00:25:48 He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him. I never would ever think that the commercial construction stocks, whatever, but this whole talk of what may occur. Well, number one, there's some good earnings. Other names are Sterling Infrastructure. You ever hear of that? StRL. Building Construction and Transportation Solutions, that's another one that's been on the move. MassTech,
Starting point is 00:26:44 MTC, construction. They report in about six days. What's the other one I would? was looking at. How about, no, and that's not a good one. I think you get the point. I don't have to do any others. A TPC, one more, Tuter Perini, building slash heavy construction. That's your day. Now, next week, let me just report to you, in case you don't know, I have 12 pages of earnings. There's about 50 per page, so that's about 600 names. In this page, let's see what I got for you so you know what's coming. And why do I think the Fed is next week also? Let's see.
Starting point is 00:27:37 You got Apple and Amazon Thursday after the close. They're both in the Dow, and I believe they're probably about 15% of the NASDAQ 100 and a bunch of the S&P. You got Coinbase, which has been Enfuego. Let's see. How about MasterCard and Visa? Visas in the Dow. Chevron in the Dow. Exxon is no longer in the Dow.
Starting point is 00:28:06 Crashed Regeneron Pharmaceuticals. LPL Financial, KLA 10 Corps. KKR. How about Roblox? Oh, here's another one that's been strong. Quanta Services. building slash heavy construction they report next week Agco BioGen
Starting point is 00:28:29 sketches Alibaba Facebook what day that after the close is that Tuesday or Wednesday after the close Wednesday will be Facebook or meta oh by the way meta and Microsoft same day after the close Wednesday but also after the close
Starting point is 00:28:51 Wednesday. Lamb Research, Qualcomm, Robin Hood, Western Digital, Ford, eBay, Carvana, Arm Holdings. How about Wednesday before the open? Wingstop. How about Old Dominion Freight? Harley Davidson, Garmin, Checkpoint Software, Hershey's, Humana. How about Tuesday after the close? Boeing, Visa, Terradine, Starbucks, Seagate, Technology, Landstar, the Truckers. How about Monday? You ready for this? In the Dow, United Health, Procter & Gamble, Merck. Also, Corning, PayPal, Royal Caribbean, Spotify, Booking Holdings, Cheesecake Factory. I love their bang, bang, bang chicken and shrimp, by the way. So a crap load of earnings next week, and again, the jello was moving on the plate this week like I haven't seen. Imagine FIX up $125, a heating and ventilation company. They must be doing a lot of heating and ventilating, ladies and gentlemen. So that'll be next week.
Starting point is 00:30:11 and what we do, just so you know. We have separate parts of our screen where we put all the big gappers up so we can watch them. We had a few this week that gapped up and reversed badly. So guess what? They go off that screen pretty quickly.
Starting point is 00:30:28 And we stay in touch with the ones that continue to act pretty darn well. And we'll do a little bit of Manix and Barnaby Jones and Canon. They're private eyes on what these companies are doing and why and all that crap. On the day that was up 208, Goldman, again up 10.
Starting point is 00:30:50 Microsoft, hmm, Microsoft I thought was up seven at one time, but only finished up 280. McDonald's was up for. McDonald's has been lagging pretty badly over the last year versus other things. Caterpillar up four. We mentioned it. American Express holding the 50 day up for.
Starting point is 00:31:10 Visa up three and today nothing really down. Amgen was down a couple. S&P up 25, NASDAQ only up 50, NASDAQ 100, only up 52. Transports though 183. Better action in the transports. Union Pacific was crushed yesterday on earnings but bounced a little today. Let's see, Ryder, symbol R, reported earnings, sales, growth, zero, but a new yearly high today. And I must have missed that when I did my scan,
Starting point is 00:31:51 so I'm writing that down as I speak to you. I would have found it later anyhow. So the transports are better tones to some of the retail, not all, but better tone. And there's a few names I'm actually watching for potential, something like, you ever hear, Boot Barn, B-O-O-T. You know what the problem. as they report in four trading days. We'll keep an eye on that earnings report. And a couple of urban outfitters acting pretty decent up here. We'll see if it decides to break out.
Starting point is 00:32:27 The same areas we've been telling you to avoid, stay avoiding, nothing's changing there. Yields were down again today, which is good news. The dollar was strong but came in a little bit at the end of the day. Gold was weak today. We'll see what next week brings. Advanced declines flat on the NASDAQ. They were bad all day, but they came back better at the end of the day. New York was about 25 up, 16 down.
Starting point is 00:33:01 China was weak. Japan pulled back today. I just think the story right now, and we talk themes here, This building slash construction area, which I screwed up but good, that's some strength. And by the way, there's some numbers to back it too. We'll see how it plays out. We'll keep reporting to you. In AI land, NVIDE was down, but ARM, AMD, Broadcom, Taiwan semi were up.
Starting point is 00:33:34 Those four are pretty much the head honcho, top dog big cheeses of semis, while so many other semiconductor stocks are separated from strength out there. And I'm just looking to see anything else I need to report that stood out. I just think the big story, massive amount of earnings in the Fed next week, the president says he is not going to fire Jay Powell. As I have told you, he's so wrong on going down to 1%. I understand he would want rates to come down. I think Powell can do that, but maybe a half a point.
Starting point is 00:34:12 If you want to complain about Powell, you complain about it when I was complaining about him. Printing the $7 trillion, 0% interest rates and sitting there while inflation was skyrocketing. By the way, that he caused. He should have been fired back then. And all this Justice Department crap is a bunch of BS, and it really pisses me off. I don't want any administration doing that. Oh, let's go after a refurbishment, try to get him fired. That's horse crap.
Starting point is 00:34:44 And I would tell to their faces. Do you know what the Republicans would be doing if a Democrat president did that? Oh, they did. And just remember, I think Trump was completely railroaded by the Democratic machine. I still remember the ass clown in New York trying to say Mar-a-Lago was only worth like 20, million, I think they said, do you know Moralago? I would guess is worth a quarter billion dollars. Somewhere in there, based on property around there. I would say probably, at the worst, 150. That was such a railroad. And I don't blame Trump for being pissed on that. And I guess I can't
Starting point is 00:35:34 blame him from retaliating some. They were trying to destroy his life and put him in jail. And by the way. If he'd him become president, I think they would have put him in jail. The clowns. So good news that he won on that front and good news that he won on the fact that Kamala Harris would have been president. And she shouldn't be running a lemonade stand. And certainly Biden. And to show you just how bad they were, the border is locked up. And it was done within a month. That's how bad they were. They did it on purpose, those clowns. Up next, we can review and whatever else. 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 pharmacist to answer the health questions you didn't even know you could ask at the
Starting point is 00:36:51 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, 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.
Starting point is 00:37:35 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 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 I. Light irritation, temporary dimmer dark vision, headaches and eye redness. Talk to an eye doctor to learn if biz is right for you. Learn more at viz.com.
Starting point is 00:38:07 Cashflow crunch. OnDek's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat. With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently. Apply today at ondeck.com.
Starting point is 00:38:29 Funds could be available as soon as tomorrow. 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 an amount subject to lender approval. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go.
Starting point is 00:38:47 Action! Investors Edge with Gary Culpa. And welcome once again to Investors Edge. By the way, think about that. Biden led in 10 million people. people died drowning and in the back of trucks and the media blacked that out those scumbags in the media let in 10 million flew them on planes in the middle of the night to different cities around the country had the mayors of these cities housed these people using taxpayer dollars
Starting point is 00:39:42 admitted by myorkas they didn't vet everybody so who the hell knows who came in they told us she was the border czar and then the media tries to cover them saying they never said as a border czar what do they think we're morons and we're not watching who's jackasses and then six months before the election when Biden sees his poll numbers
Starting point is 00:40:14 on immigration were lower than root canal jock itch and herpes uh what we better do something and what is he what does he do the media blamed it on the Republicans because Biden said it was the Republicans' fault. And all of a sudden, immigration mattered. And during that time, Biden said, well, it has to be an act of Congress. We've got to have Congress.
Starting point is 00:40:47 We can't do it ourselves. You can't do it ourselves. Trump handled it in a month. You know, all he had to do was get people down there and close it up. And now little kids are not being farmed into the United States by a bunch of scumbags there. No one's drowning anymore trying to get here. Nobody's dying in the back of trucks anymore trying to get here. And guess what?
Starting point is 00:41:24 Those people that want to come here now will have to come here legally the way it should be. That's how bad Biden and Kamala Harris was. she should never, ever, ever run anything in government ever again. Just for that. Think about it. Look how easy it was to fix the problem. It's confusing and this is something that's been going on for 20 years. Now, I disagree with Trump on the deportations.
Starting point is 00:42:04 There's got to be some humanity there. and right now it seems like there isn't. They're throwing everything against the wall and wanting it to stick. But I'm reading stories of somebody that's been here for 25 years with a family paying taxes, running businesses, doing good. Hell, I'll give them a pathway. There's got to be some humanity in there. And hopefully I'm hearing there learning some lessons. but the crooks get their asses out of here
Starting point is 00:42:46 the ones that don't want to work get their asses out of here the evil get their arses out of here but I'm hearing a few too many stories humanity don't you think yeah I get some people going to disagree that's what makes the world go around
Starting point is 00:43:13 hey that's my immigration thing today I had to bring that up because man it so pisses me off I hear Kamala Harris wants to run for something now Don't even give her a dog catcher Tonight's Smackdown 8 o'clock They are going to be remembering Hulk Hogan I will be watching that just letting you know I think it's what is on USA I believe still
Starting point is 00:43:38 Smackdown nearly I think it's USA And they're bringing in a bunch of legends To celebrate Yay markets acting fine. What have I said to you? The big indices. Eventually they will.
Starting point is 00:43:59 But so far, caused no trouble since the confirmation day, April 22nd. They've been riding up not the 50-day moving average, but the 21 day, which means it's that much stronger. It's getting close to unprecedented,
Starting point is 00:44:15 which means we're getting close. That said, I think there's a component. I think the market knows that come next May, President Trump's going to be running the Fed through some proxy person, and you know what he wants to do? I think there's a component, but I also think a component is the American people in American business are kicking butt.
Starting point is 00:44:41 That's my thought. Not everything, but I think people are going to work, working hard, wanting to do well for themselves and their families, ignoring Bernie Sanders AOC and this Yutch trying to run from mayor in New York City that wants to control their lives. I think that's what's going on in the market right now. If anything changes, we'll let you know. On the week, I think we're up about 1% on about everything. The big story this week is the earnings.
Starting point is 00:45:10 And man, oh man, there's some wild swings going on in the earnings front, both up and down. What it does, it takes away. some stocks a way that I have to look at, but adds a few. Something like, by the way, Service Now, N-O-W, opens at $1,050 on earnings closed at $9.96, it drops to $9.68 all the way down. Guess what? That goes on the other screen. GEV goes on the front. GAPs up, gets moving, follows up again today. that's how we keep an eye on everything and during earnings season couple hours earlier a couple hours later
Starting point is 00:46:00 and double it up on the weekend I've already started scanning for the weekend right before the show I've already scanned up to two and a half million of volume and we'll do the rest to the highest volume and we already have a decent feel of what things look like going into next week If there's anything to worry about,
Starting point is 00:46:25 market isn't worried just yet. Again, if that changes, we'll let you know. That said, you have a great weekend. 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.
Starting point is 00:46:39 You will feel better. I promise stay well, be well. Always appreciate your being here. Good night all. This has been Investor's Edge with Gary Cultbaum on Business. Talk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryKK.com.
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