Investor's Edge with Gary Kaltbaum - THE WAKE UP CALL [01.18.2024]

Episode Date: January 18, 2024

https://garykaltbaum.com/

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 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 Cultbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum,

your host day. Thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It's January 18, 2024. Hope you having a good day. In case you don't know, this is serious talk on everything that affects you. Everything. The economy, jobs, unemployment, taxes, deficit, spending, scam, shams, corruption, and of course, the markets. And if you do not get this radio show in your city, we'll post it at GaryK.com. We'll also post it on our Twitter feed, which is now X. And if you don't follow us on Twitter, you really should. Just go there, put our name in. You can email me, just be nice. That's all you got to do is be nice. And we start with the markets.

On December 20th, we're working backwards. We had said to you, we thought the market hit a near term, let's call it fork in the road. And what we simply meant was we thought the average stock hit a wall. Nothing bad, but we take it as it comes. Simple as that. and during that time from December 20th, we had a nice little drop into the end of the year, but the big indices have held up pretty darn well.

What got hit was the transports, the small caps, the midcaps, and a bunch of other areas, the industrial types, and I can go on airlines, cruise lines, and I can go on and on. and what they did was they broke first area support and we've been given you these moving averages not to confuse you but to explain how life works that the big matzabal moving average is the 50 day moving average and all these areas broke the first line of the fence

which is the 21 day and the good news though our area was still going Nvidia Microsoft Advanced micro devices Facebook and others

they were acting terrific we bought them properly and they've worked out very well while they've really cracked a bunch of names in a bunch of areas the China market New Yearly lows in fact I may have to go look at that

to see the China the market is at, oh my God, how many year lows? So we've been using the word deterioration. Yesterday was a three-to-one negative advanced decline. We've been using the words narrower and narrower, fewer and fewer stocks working. So today we walk in and with Taiwan Semiconductor, announces a 20% drop in earning. sales were flat to down and they gap it up and it finished up 9.8% on crappy numbers.

And they said was, oh, things are going to be better. The numbers are going to be better going forward. And they have a big business with Nvidia and stuff. So guess what the semi-conductors did today? They went up 3%. They went up 3%. as everything lifted because when Taiwan semi says

well better well the equipment makers are going to go up lamb research KLA 10 core all up 4% today ASML holdings up 4% today Nvidia 2%

AMD 1 and a half percent so that was the good part but the broad market was crappy again today. In fact, all morning, the broad market was crappy, crappy. And then, out of nowhere, and by the way, this is all good news, at around 1.30, the transports, which have dropped recently from 16174 down to a low of 15151 yesterday, right to, oh, by the way, the 50-day moving average. Out of nowhere, and on no news, the transports pretty much went up 150 points in 10 minutes.

And then I went and looked at them and I said, and I wrote the notes down because I always write notes as I'm watching. in the day is that it for the broad market correction and from there the Dow which at around 130 was 37210 37210 we'll call it and it was down a hundred points along with the transports rallied up 150 also from the lows and then kept on going the transports finished up 258 points. The economically sensitive areas and names that were waning woke up. Other names woke up. So let me state for the record. There is a chance, a chance, a one-month correction for the broader market, not ever, Everything may be coming to the close for now, knowing we've been always told that January is a pain in the rear, whipsawing and the like.

Does it change our themes? Oh, we're just going to keep buying these growth names that are moving out of range and going and going and going. And I've got to tell you, this is good news. Simple as that. Now, as we always say, we have no idea what tomorrow brings. We have no clue. what we do know is if that's it I got news for the S&P

hasn't budged with all that damage it's sitting in a flat line over the last four weeks the Dow which was teetering a little bit somewhat of a flat line the NASDAQ back up near the tips the NASDAQ 100

at the highs The transports have plenty of work to do as well as other areas. But if the worst areas of the last month have hit the worst, if, remember, we're going into earning season, that's pretty darn good because lots of boats get lifted to a certain extent. And I'm already scanning like a madman, what else is showing up? And out of nowhere today, just let you know. And by the way, I didn't see any news. I didn't see anything.

Norfolk Southern went from 226 to 235 in 15 minutes today. 226 to 235. For Norfolk Southern, a rail. Boom. Now, there's news about an activist investor speculation making the rounds. But we don't rationalize. We don't care. A name like W.W. Granger. You know them, right? Gapped up today to a new high. Symbol G.W. By the way, it's like machinery and tools and lighting and all that stuff. Economically sensitive. My favorite United Rentals that have been waning, looks like they're holding in here. Though a lot of companies I'm looking at right now, I see a number of

five and six and four and seven and eight next to them. That means how many days do they report earnings? And I don't touch those. The other news for a change. Apple got an upgrade today after three downgrades over the last few weeks. And guess what? That was up six bucks today. And in case you don't know, six times, that's $100 billion in market cap and holding long-term support. So I'd like to come up with something bad, today was good. The advanced declines were not that great. The small and mid-cap, small caps not that great. But they improved throughout the day.

There's still warts, still plenty, but I never complain when the semiconductors. And the semiconductor socks back at the highs. On the gap today. Up next. More on them markets. 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, will 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 888-4-2-5-59. That's 8-8-5-59. That's 888-4-22-55-59.

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

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

Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. 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. One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say. And she replies with a low, Shh. Listen. So we sat there.

That was the first time I learned that quiet can feel full. Hershey's. It's your happy place. 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 what once again to Investors Edge. So let me repeat so you get where I'm going. what we try to do here with this show is guide you, especially when things change. And sometimes they can change today. Sometimes it takes a while. And what do we mean by that? In corrections of a month, it doesn't take too much to really turn things.

Bare markets takes a while to turn things. And the same goes the other way. So as we go backwards, On December 20th, we thought we hit a bump. We were right. But it really didn't affect the big indices that much. It was the underbelly of the market. The underbelly, I think, I think, I think.

We'll see. Let me tell you what else I'm seeing. And this just happened in the last few minutes. J.B. Hunt. You know what they are, right? A trucker. they just reported earnings. By the way, it's a transport.

They just reported earnings. 27 cents worse than expected. A dollar 47 a share versus a dollar 92, which means earnings were down like 20 some odd percent year over year. That sucks. Revenues fell 10%. The stock before the close today was up five bucks on the crappiest of earnings. I got the stock up six bucks in the aftermarket.

The market. The broad market may have just signaled what started December 20th ended today with a big jolt, with the transports, with other things following, while the semis were already going, while the software has still been strong, and the like. Do I need to go further? And more new yearly lows on the NASDAQ than new yearly highs again today, only a little bit better on the New York. Actually, it's about flat on the New York. I will tell you interest rates were up a little bit today.

The dollar was up a little bit. Oil prices are up a little bit today. And it still didn't matter because whatever happened woke things up and we'll see what tomorrow brings. but what we do know is software, semiconductors, tech, and the like, lead again. And let me tell you, both software and semi early yesterday, were acting like the south end of the northbound jackass. They reversed a little bit and gapped up today. So as I go through my screen today, United Rentals up 13,

Parker Hanifin up nine, Granger up 33, keep in mind it's an 800. $172 stock. In the transports, J.B. Hunt up five and up another six in the aftermarket on the crappiest of numbers. Norfolk's Southern up eight. Transport's up 258. And at the close today, Dow was up to 1. By the way,

Boeing was up 8 and changed today. After crashing. I don't use that word with Boeing, Gary. Stop it. After dropping. United Health today was down $25.00.4.97 closed at 5.16. 3 and 16.19.

was down 27 bucks. Good comeback. Why was it down? Eumana. Still finished down 36 bucks today, the 411. But at one time today, it was down 58. That helped things stabilize. Apple up six, that's in the Dow.

Microsoft up four and a half in the Dow. And I've already scanned. I got Newsfea. I got setups up the wazoo. And we'll see where it. takes us again let me repeat there is a chance based on what I am seeing and the action today and what they did with the transports that the one-month ick for the broad can be over that said China remains in a bear market sorry can't help you yet gold miners

steel emerging markets the recent gaps to the downside you know which ones Nike and things like that utilities have topped the solar's major bear market for the last year and change

oils did I mention oils if I did I'm mentioning them a second time the oil's bearish phase tobacco bearish phase a bunch of lenders really topping out. And in case you don't know, Discovery Financial,

guess what they announced today. Oh, by the way, it's a credit card company. They announced problems. Losses picking up. People not paying their bills. Uh-oh, we'll see what happens. $1.9 billion loss on credit card loans, 116% year over year,

90 plus day delinquencies up 30 basis points in a single quarter. Stock was smoked. So again, not everything. But we'll keep you abreast, we'll keep you informed. But good chance, what started December 20th broad market, now small caps continue to, woefully underperform. The regionals are a little bit

icky still. And if yields go higher, I doubt the regionals can make hay. The Russell 2000, the small caps, all the way down to the 50-day moving average in the last day and bounced. It was only up 6 tenths of 1%

today. Mid-caps are better than the small caps. And what else do I have to add? Good stuff today. Good to see. Because the stuff we're in, if the broad market, the worst stuff goes and my things are already on a roll. And by the way, NVIDIA, 571. It was January 5th that Friday when we told you, be ready if NVIDIA breaks out above 505-506. It would be a six-month breakout on one of the most important stocks in the market,

and our exact words were, we expect institutions to jump on. it 506 to 571 in one two three four five six seven eight days eight trading days up next we'll continue and we'll complain about something I'm Gary this is the one only investors edge hi I'm Dr. Jake Goodman host of Beyond the script the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter in this episode we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues

we should not accept as normal. A lot of what I see is just, like, chronic bloating, chronic stomach aches. Like, I get a stomach ache every time that I eat, and it just becomes like a lifestyle where, oh, yeah, you know, I just, I 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. Listen now wherever you get your podcasts. 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, 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. One sweet, melty bite of a Hershey's bar and suddenly I'm right back sitting on the front porch with my grandmother on a slow. Summer afternoon. She doesn't say much,

just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say. And she replies with a low... Listen. So we sat there. Listening.

That was the first time I learned that quiet can feel full. Hershey's. It's your happy place. We're listening to... America is talking. Investors Edge. He's got to be pleased with 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. And welcome once again to Investor's Edge. Notice. We don't do this with any bias except what the market tells us and what the market gives us.

It is simple as that. That's it. It's as simple as that. If the market tells us it's going to crash, Okay. If the market tells us it's going to soar, okay. If the market's going to tell us it's going to sit, okay. If it's going to be narrow, okay. Whatever it gives us. Our job is to move in lockstep or one step ahead. And throughout the last month, what was leading us? Facebook, AMD, Microsoft, Invidia, Workday, CrowdStrike, Palo Alto. networks. Amazon and Google on the verge of breaking out now. We'll see if it does. Service now. Chipotle, let's see if it breaks out. Got some other names hold in support today very nicely. No seeing Lulu Lemon right off the 50-day moving average day. Right off of it today. Ryanair,

right off of it today. The airlines have been trashed as of recent. They finally bounced today. Ryanair being one of the strong, an Irish airline, discount airline. I flown it once. It was pretty darn good. And then there's Apple. All of a sudden, upgrade. And I must tell you, I did a deep dive on Apple's earnings to come out in the next couple of weeks. Because everybody's negative on it. Everybody.

But I noticed expectations are for Apple to come in at 210 a share versus 188. That's a 12%. increase in earnings. That comes after a minus 10, a zero, a five, and a 13. And Apple's known to beat, so what if they come in at 16 or 17, and it accelerates? We'll see. All I know is that the 200-day moving average, four times in the last two weeks, was bought up each time.

That's the big, longer-term moving average it. You want to stay above, and today got the upgrade. I had no idea. Well, I knew some downgrades recently. Somebody had it neutral, whatever the hell that means. So Apple. And I'm always asked, Gary, if you see something holding the long-term moving averages, even though it's not a leadership name, and you see it holding and holding and holding,

why not probe with a stop underneath? I think it's a good question. We just think what we do works better. So Apple a big help today. And remember, Apple and Microsoft are huge to the market. Some other big names, booking holding. the old price line looks like it may want to break out again. Broadcom looks like it wants to break out again.

Really close. What isn't? Tesla. Boy, that stock sucks right now. Really sucked right now. Matter of fact, all the EV, Rivian, just dropped from 2460 to 1574. What have we been telling you about electric vehicles here? By the way, what have we been telling you about it for a while?

And all the news is now coming to fruition. government trying to force something down your throat that people don't want, better be careful about. Just remember, the people running our government, most of them, have never even fried a burger, wrote a paycheck, but they sure know how to be corrupt as all hell and become rich on $180,000 salary. Man, oh man, the stories I read on some people. election time, and I got to tell you, I'm going to give you both sides of the Trump now.

So Jamie Diamond, the head of J.P. Morgan, is in Davos, Switzerland, you know, with a mucky mucks are, you know, the ones that tell us, you know, we've got to be good about climate change. You know, we've got to take care of the climate while they fly in their stupid, freaking private jets and give us the middle finger. but she diamond was out there and says Biden's campaign is going to be her if he keeps putting down MAGA Make America great again

And I must tell you Trump has a point How do you put down the phrase Make America great again? It's a positive phrase Well This yachts Joe Biden Let me read what he said

On a tweet Looks like Donald Trump just won Iowa. He's the clear frontrunner on the other side at this point. But here's the thing. This election was always going to be about you and me versus going to be you and me versus extreme MAGA Republicans. Is this guy an idiot? Is this guy an idiot? How about extreme Marxist Democrats like you?

Does he think that every person that believes in MAGA was, up there for January 6th? You know, as a minority of people. Not only, I must say, I got to hand it to Biden. I don't know how to hell he beat Trump in the first place.

Trump handed it to him. Anyway, Jamie Diamond comes out at Davos and says, does Biden realize that Trump was right about NATO? Immigration? China? And he grew up the economy quite well? We've told you, Biden has been lying about his record on the economy, Trump. He keeps including COVID when we shut

down. Another, again, Joe Biden, the big, fat, juicy liar that the media doesn't cover. So here you have the brightest banker in the world, the number one banker in the world, pretty much, and the journalists that were there, I felt like there was a gasp. And he's not taken any sides. You're just saying, wait a minute, hold on when Trump was president. And look at the border now. And then you got the other side, Mitt Romney. And I'm just repeating what he's saying.

Says voters are out of touch with reality, and why don't they care that Trump raped a woman? In case you don't know, Trump was found guilty in a civil trial of rape. not criminal because I guess the statute of limitations they got to pay up so this is what you're going to be getting with Trump over the next nine months

oh it's going to be a panic it's going to be a panic you're going to hear it from both sides and I must tell you I never watch MSNBC but I'm going to have to turn it on to listen to these clowns and again you know where I stand

on Trump but they're just insane and the reason is they're insane is because they don't cover Biden. They don't cover any lies of Biden, any BS by Biden, $2 trillion deficit by Biden. The border. And by the way,

if Biden loses the Trump, it will be on the border. Do you know how I know this? I'm a smart guy. If Biden loses blacks and Hispanics, he's dead. And I got news for you. Blacks and Hispanics hate

what's going on at the border. They hate the fact that bazillions of dollars are going towards these people that should not be coming in. The Marxist party, left party, has abused blacks and Hispanics forever. Trying to convince them, oh, where for you?

They ain't for nobody. They're for the wallets. If they were for them, they do something about inner city education in the schools. The crime. You know, the biggest complainer, of the crime in Oakland is black women.

And you know what they do there to help? Nothing. So that's going to be a lot of fun going forward, and we'll keep you on it because we can't stand any of them. So you know you're going to get the straight from us versus you know the people that are just totally in the tank on one side or the other. And as always, you get to decide.

And again, unless something, whatever happens, it's Trump Biden. I'm still on record that there's a good chance Biden ain't going to make it. He ain't even going out of his house. It's getting really old.

Up next. Other news of the day, whatever else. I'm Gary. This is the one only investors, Ed. Hi, I'm Dr. Jake Goodman, host of Beyond the script. The podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter.

In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I 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. Listen now wherever you get your podcasts. Success starts with your drive.

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. One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on

front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say, and she replies with a low, listen. So we sat there, listening. That was the first time I learned that quiet can feel full. Hershey's, it's your happy place. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, two, Ready, go. Action! In the Gester's Edge.

With Gary Kaltba. So, the Dow was up 200, the S&P was up 41, the NASDAQ up 200, the NASDAQ 100-246, the transport's 258, the socks up 136, but advanced declines with 2120 on the NASDAQ.

And that was better at the end of the day. 2317 on the New York. 181 new lows on the NASDAQ, only 83 new highs and minus about 40 of them because a bunch of them are like nothings. On the New York, 84 new yearly lows, let's call it about 60 new yearly highs. Should I list a few? Make it a little easy on you? Let me bring that up if I can find it. That's not it.

Market Pulse. Put in the letters, H.I for high. on the NASDAQ, advanced micro devices, Nvidia, Marvell, Fasinnell, Western Digital, T-Mobile, data dog, Palo Alto Networks, Dropbox, Nutanics, and TNX, Marriott, intuitive surgical, Costco,

urban outfitters, trade web market symbol TW, oh, Sprouts, farmers markets, work day, that broke out of a flagpack, V-Go Instruments, VE-C-O, the NASDAQ-100 closed at New Yearly High, QQ, Q-Q, O'Reilly Automotive, CyberArk, Make My Trip. Yeah, there's a company called Make My Trip. I believe it's out of India. Wingstop, I still have yet to go to a wing stop.

That's it for the new yearly highs. By the way, the QQQQ is at new yearly highs, the NASDAQ 100. On the New York, Taiwan Semi on the Big Gap, Uber, Visa, Boston Scientific, MDC Holdings. And that would be a home builder. I got to write that bad boy down. I missed that today. Salesforce.com, FIServe, GoDaddy, the SMH Semiconductor ETF. by the way I sold off a small position yesterday because I'm so smart

Accenture Ingersoll Rand Live ramp symbol ramp Skechers symbol SKX Spotify though It was cut in half today from its high How about Stryker? That's medical

Hilton to go along with Marriott Abacrombie and Fitch Warrior Coal HCC Train Tech T-T-S-A-P That's a good one Domino's Pizza

Parker Hanifin That's your New Yearly High list Maybe I missed a couple I don't know Decker's Outdoor The Ugs Martin Marietta Materials M-L-M Cement

New Yearly highs Notice Oh wait, hold on Toyota Motor New yearly highs, we've told you Japan's been pretty decent. Just looking for anything else. Alpha metallurgic, another coal stock, D-B-D. And now I think I am done.

There's my list. Intuitive surgical, and we finish. You may want to look those up, see if anything's busting out of range. By the way, for the year, even with today, the Russell 2000 is down 5.1%. The mid-cap 400, 2.4%. The Dow is down 0.6%. The NASDAQ is up 0.3%. The S&P up 0.2% this year.

Do we believe in the January effect? Heck no. It's a bunch of BS. I got nothing to complain about. I love that what we have is working well, and I love that the broad market has stopped. Maybe. Maybe.

Put a line in the sand today. and the fact that the transports did it right at the 50-day moving average, for me, that's of what I call noteworthy. Because these are the areas that if we're going to have continuation, get defended as markets move higher. These are the things we teach you. These are the things we teach ourselves. These are the things we study. These are the things we follow. and it's the roadmap of bull and bear markets.

You know, we came out on that Friday and said to you, just let you know, Nvidia, if it breaks out, we think it can really get going because of A, the name, but how long it couldn't get through that 500. You know, in my industry, my buds, they call it the coiled spring, and the longer it can't get through a level and then finally does,

it's like the coiled spring, the basketball being held underwater finally let go. 505 to 572. That's up a buck in the aftermarket. In 1, 2, 3, 4, 5, 6, 7, 8 days. Which has me saying, if I can't find 4 or 5 like this a year, I'm a happy guy. You don't usually get something so good looking. That Friday, my talking about it did not happen by accident.

It was January 5th. This is from our studies. that they tell you does not work. You can't time the market. You know what we say to them. And that's a little bit of that. So as we head in towards the end of January, maybe a decent recovery here.

We hope so. What isn't recovering is our call of the day that they came out with the crypto ETFs and we said sell the news. At 10 a.m. in the morning, we were on Varney that Thursday and said, sell the news. Micro Strategy opened that day. It was last Thursday, opened at 611, closed at 486 today. Coinbase that day opened at 161, closed at 124, the study of Bull and Bear markets.

We hope you keep listening. Have a great evening, drive carefully. I should be on with Cavuto tomorrow, noon hour, Fox Business Network, check it out. You have a great evening, drive carefully when you get home, do 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.

Have a great one, everybody. Appreciate you always listening. Hope you learning. Peace out all. 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

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