Investor's Edge with Gary Kaltbaum - THE WILD WEEK IN REVIEW [02.13.2026]
Episode Date: February 13, 2026https://garykaltbaum.com/The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or Bi...zTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.
Transcript
Discussion (0)
Enjoying a healthy dinner that tastes great means eating out at a pricey restaurant, right?
Wrong.
Healthy Choice Simply steamers are delicious and healthy.
The Tray-and-Tray steam technology delivers crisp veggies and tender protein and tasty selections
like Healthy Choice Simply Steamers grilled chicken and broccoli alfredo.
It's a satisfying meal with 28 grams of protein and nothing artificial.
Healthy Choice Simply Steamers.
What has to be able to eat?
at all tastes like.
Investor's Edge with Gary Cultbaum.
Straight talk about you and your money.
Now from the BizTalk Studios, here is Gary Cultbaum.
Well, we titled today's show Wild Week in Review, and I think we're ending up with another
one of those wild weeks in review, with a wild day today in review.
and when we say that we mean all over the map, wild swings,
but when all is said and done, we will talk outcomes.
Because leave no doubt this market right now has specific themes,
and they are not the themes of yes the year.
That's the best way I can accomplish.
explain to you. A whole new thing of a bob is going on. Hey, this is Investors Edge. I'm Gary
Kulp. I'm serious talk on everything that affects you. The markets, the economy, your job,
your industry, the Morlocks in D.C. Go look up the word Morlocks. You'll know what I mean.
because, well, we explain that to you every day.
Because we're being told today, oh, we're fixing up the debt and deficits and growth is going to cure everything from the same people who took over in 2017 and ran up deficits like there's no tomorrow.
Who do we believe?
Anyway, so we will cover whatever we need to cover.
And if you do not get this radio show in your city, we'll post it at garyk.com.
We'll also post it our X feed.
And if you don't follow us on X, you should.
Just put our name in.
And if you'd like to e-mail us, just be nice.
By the way, we'll also be on the YouTube channel of BizTV.
So when we say to you, wild week, let's talk today.
You know, the Dow finished up 48 points, the BAA, right?
The Dow was down today.
Let's see.
The close yesterday, 49451.
we were down 370 points on the open.
One of the causes was Goldman Sachs was down 33 bucks immediately today.
Goldman Sachs finished up 59 cents today.
$33 and change.
Do you know many doubt points that is?
I'm about to tell you.
250 Dow points on one stock in the Dow and bounces. But we rallied up to 49-743. We were up 300 and then
finished up 48. Oh, and by the way, I think a few minutes before we were actually down in the Dow.
So just your average
800 points swing in the day
Where Goldman the most important name in the Dow
Because it's high priced
The highest price
Just moves 33 bucks
From the lows
That's just today
Oh yeah and the NASDAQ
Let's see what the NASDAQ did
Today
Well it closed
At 22-597
And was down a hundred
995 points right near the open.
Right near the open.
It rallied up 296 points
within a half hour.
So we're up 100.
We drop that 100 pretty easily.
But at the highs, we're 22-742.
We're up about 150.
The NASDAQ finished down 50.
Drop 200 points into the close.
Oh, and by the way, with about five minutes to go, it was actually down 100.
And that was just today.
The week was just sheer insanity.
That's how I can put it.
The NASDAQ was down 2.1%.
the NASDAQ 100, 1.37%.
The Dow was down, let's call it, 1.3%.
The S&P, 1.4%, or approximately.
The Russell 2000 was down about 1.5%.
If I got that right.
Yeah, I'm about right.
But it was all over the map this week.
Daily swings.
Yesterday we were down 600 and something and 400 and something,
Dow and NASDAQ.
What gives?
Don't know.
We also had unbelievable movement
caused by artificial intelligence
in transports,
in brokerage, in insurance, in banks.
And today they bounced, but still way down.
And it has me asking, what possibly can be next?
What possibly can be next?
I hope nothing.
What they are saying is, oh, by the way, they also got consulting companies.
What they are saying is all this advancements in artificial intelligence is wreaking havoc or will wreak havoc in these industries.
I can safely tell you and honestly tell you, I don't have a clue.
We're finding out that the transports got squashed by a company who's famous for one thing, a karaoke machine.
No, I'm not making it up.
They put out something about artificial intelligence and this, that, and the other thing.
And they squashed it.
Now, everybody's reporting, this is ridiculous, this is nothing.
It's a karaoke machine company.
Okay.
Well, C.H. Robinson worldwide still finished down 12% this week.
Expeditors finish down 11%.
Landstar finished down 12%.
It's on the week.
Beats the heck out of me.
Just letting you know, a crazy week.
I can safely tell you I could have owned those transport names.
I would have been stopped out on those transport names.
I could have owned Schwab.
We had owned it and we were thinking about buying it back.
That was down 11% this week.
I would have stopped out because we don't know what's behind the door.
So just letting you know it was a wacky week.
But there's what we call outcome.
What's the outcome of the week besides what we just told you?
you. And we repeat, we don't know what's next for these areas. They clip the insurance,
brokerage. Oh, I forgot. How about the software? That was last week dropping them 20%. They've bounced
a little bit, but no great shakes. You may want to spend a few moments in time studying artificial
intelligence. I don't know if you can get anything out of it. I've been studying it, and I'm
still confused. I've been watching video of some mucky mucks that is supposedly the genius of
artificial intelligence, and watching the videos, and when I'm done with the videos, I'm saying to
myself, huh? Up next. Rest of the market. 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' edge. We manage investors' edge.
money for a living, specializing in fee-based discretionary money management. No big commissions,
just a fee on the assets that's managed. We also provide a full range of personalized services,
including retirement planning, fixed income, and educational needs, all to assist you in achieving
your financial goals. Understanding not all individuals have the same needs, we'll carefully
evaluate your personal goals to determine a proper investment strategy. If your current
approach to investing is not getting you to where you would like to be, call us to make an
appointment for a complimentary portfolio review. The number to call is 888-4-22-5-59. That's 88559. That's
8-5-59. That's 888-4-22-5-5-9. Investment Advisory Services offered through Call Bomb Capital
Management. 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 CBS 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 cbs.com,
or just come by our store. We can't wait to meet you. Store hours vary by location.
Here's a quick podcast for all you true crime fans.
The case of the missing Reese's.
It was me at the store with my mouth.
Motive?
Um, they're Reese's.
What was that going to do?
Stop myself.
Tune in next time to see if I do it again.
Spoiler, I will.
Wow.
That had everything.
Rees.
Suspense.
Rees.
Cash flow crunch.
On Deck'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. Funds could be available as soon as tomorrow.
Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank.
Ondeck does not lend in North Dakota. All loans and amount subject to lender approval.
to switch on the integrator units and get the brain cells working.
You're listening to.
Hey, this promises to be fun.
Investors Edge.
The last bastion of quality programming.
With Gary Coltbaum.
It doesn't get better than this.
And welcome once again to Investors Edge.
So let me start off by saying,
What Ain't.
There were a lot of months where we would be doing this show and saying,
avoid housing, avoid transports, avoid industrials, avoid materials, avoid anything economically sensitive,
avoid most retail, and avoid most of what we call stuff, chemicals, and you get the list.
For months, we were saying, boy, NVIDIA,
Microsoft,
Google,
Oracle,
well, we're here to tell you
they continue to act
really poorly.
And let me describe for you,
they call it the Mag 7,
but we think it's the Mag 8.
Apple, just reporting the news.
It's,
for three or four months, has done
nothing up.
until the last two days.
It's been one of the big lagging techs,
but that's because some of the semis and the AI names
have been strong.
I really don't know what gives,
but yesterday was down almost 14.
Today, Apple's down another, let's call it six.
Let's call it six bucks.
Apple itself has dropped $20 in two days.
and is trading below where it was in September and is up 2% now in one year and broke below the 50 day yesterday with volume and furthermore today.
That's Apple.
Nvidia, which is the number one name, continues to has done nothing since August, but did make one move to the highs.
$212 in October but came right back down.
It's 182 today.
Down another four bucks after reversing yesterday
and finishing below the 50 day.
Purely in range-bound action?
Purely.
But again, is now down a couple of bucks since August
while the semiconductors have been strong.
Broadcom.
topped out at 414 in November and is 325 today and can't get back above the all-important 50-day moving average.
Amazon was 248 about nine days ago.
It's 199 today.
And you ready?
You have to go back to September of 24.
Stock has done nothing.
and is down from the high of 258.
These are the biggest names.
Google's been acting great.
Not anymore.
Now, it's only down, let's call it about 349.
It's 306.
Not the end of the world.
What, 14, 13, 15%,
but also broke the 50-day moving average
and in not great shape.
Microsoft, well, you know about that.
553 to 401 gap down on earnings.
Biggest and best.
Meta, Facebook, topped out at $796 bucks in early August.
It's $639.
That's about 20-some-odd percent, so not the biggest drop, but it ain't helping.
Tesla.
topped out at 499 in December, it's 420 today.
Okay, about 17%.
Not the end of the world, but weak.
And these names have such influence over the big indices.
They, instead of being the tailwind, they are the headwinds now.
I had to move Apple off my decent side yesterday.
The only big name right now with what I would call a little umph is Costco, which is probably 10 or 11.
And I got newsfeet's trading at 55 times earnings, which calls into question how far that's going to go.
So we're just letting you know, the institutions are still not jumping for joy on.
these mega cap names.
And there are actual
ETFs
for this area. The MAG-7.
It's MAGS.
It's
big top in place
down to the 200-day moving average.
Not great.
But the most
important part of it, they're not just seven stocks.
I have it the...
There's eight for me.
They're a gargantuan
influence, meaning
they're in the 30s of the S&P
and in the 60s of the NASDAQ 100.
So I just want to start with that
because this is not something that came out of nowhere.
Not something that came out of nowhere.
It's been going on for a while.
Now Oracle is not in the NASDAQ,
but that's the software.
345 to 160.
Ah!
Qualcomm is in there.
that's gone from 206 to 140.
I forgot Netflix.
134 to 77
and brutal bear market for the stock.
24 and 34.58.
1336. 1326.
40-some-odd percent on Netflix.
So just letting you know.
And I've loved these stocks in the past.
It's what we used to talk about.
Market doesn't love them at this juncture.
Market does not love them at this juncture.
Up next, what does the market love or like as a friend?
This is the one only investor's edge.
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 CBS 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 store.
We can't wait to meet you.
Store hours vary by location.
Reese's peanut butter cups.
They go perfectly with music.
Podcasts.
And welcome back to the show.
Even nature sounds.
Oh, and the thing where someone crinkles tissue and whispers at you.
Hello.
Look, I'm not here to judge what you listen to.
I'm here to judge you for not eating Reese's while you listen to it.
Reeses.
Ashley, go back to the nature sounds.
Nice.
Yeah, that's really nice.
Cashflow crunch.
On-Dak'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 on deck.com.
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...
America is talking.
Investors.
Edge. He's got to be pleased with that. The crowd is just on its feet here. He's a Cinderella boy.
With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him.
And what once again, two Investors Edge. So let me just go through sector by sector.
Gold and silver. Number one, gold is much stronger than silver now.
Much, much stronger. As we had said to you, they had a two-day,
massive drop. The GLD, which represent gold, went from 510 to 422. In two days. Last I looked,
that's 88 points on 510. What is that? 16, 17 percent? In two days. The P.HYS is the physical
gold, they say, 42 to 34. That's 8. Yeah, about 18 percent. Maybe even 19. And we had said to you,
Typically, when you get such a drop like that, you're going to take some time.
And guess what's happened?
It's taken time.
And that vertical move has not been overcome in the last two weeks since that two-day drop.
But I must tell you, I'm kind of impressed with gold how it's held up pretty well versus the silver.
And the gold miners actually a little bit better than the gold.
as long as GLD holds the lows of yesterday, and by the way, it got trashed yesterday, I think it's in decent stead.
A break below a 448 on the GLD, then you get in a little more trouble.
Silver, much weaker, and I'm just going to say much weaker, and has hardly bounced.
actually, excuse me, it is below that two days drop.
And in case you don't know, the SLV drop from 110, currently it's 69.
Let's call it 70.
Last I looked, 35, 36, 37 percent.
Silver drop 35, 36, 37 percent.
Somewhere around there.
Keep in mind that was after a 100 percent move.
100% in a matter of 1, 2, 3, 4, 5, 6, 7, 8, 9 weeks.
So we'll keep you informed on that.
The drop was a big wow.
And yesterday's drop was a big wow, and of course they gaped them up a little bit today.
But again, silver nowhere near as strong.
As I scanned oil stocks, I've got 74.
five of them that I found that have good patterns or are even extended oils as oil prices
have gone higher the USO with spot price has gone from 67 to 76 in four weeks down from 80
but oil stocks very strong and some of them you know we have
have this software we use. Some of them just showed up on our screens in the last day or two.
Symbols I've never heard of or have ever seen in pipelines and the like. Some don't trade much.
Some do. Oils. Now, at the pump, prices have gone up. Prices have gone up over the last
a week or two. We'll keep a watch.
Oils.
Chemicals.
Auto original equipment.
Transportation
equipment. Heavy duty
truck parts. Power
equipment. Containers and packaging.
I'm looking at
Crown holdings. I believe it used to be called
Crown Cork and Seal.
They make steel and aluminum cans
in metal caps.
And then you have packaging Corp of America.
Container board and corrugated packaging for food, beverage, and paper and agricultural markets.
This is what's hitting my screens.
I look down at their earnings and I'm like, but I got news for you.
That's what's hitting my screens.
Illinois Toolworks.
metal fasteners
breaks out on single digits
Lear seeding
seeding in electrical systems
for automotive OEMs
How about
Iron Mountain
PPG Industries
This is what's hitting my screens
Ball Corp
Aluminum packaging for beverages
5% drop in earnings
I hate those.
We're just letting you know
that is where the money's flowing in the market right now.
Terex, capital equipment for construction and mining.
This is what's hitting the screens.
And they're showing up daily.
Ingersoll Rand, machinery,
hitting our screens.
There's your story.
story. Things that were dead. Never moved. Did nothing. Getting the love. Transports dropped 800
points yesterday because of whatever that happened with that company and AI. Back up 300 today.
But the transports were 16-5 in November. They're 193 today. As FedEx and others in the
group. This is my screens. Utilities. They're now going. Why in the last three days?
Ten year yield. Last three days, four two, the four point 0.056. Go look at the XLU last three days.
Make it four days. Forty three point 82 to 46 and a half in four days for utilities.
hitting my screen.
Oils, utilities, machinery, industrials.
A lot of them with terrible earnings.
Dear, only a 14% drop in earnings.
Quarter before 24%, quarter before 22%, quarter before 60%.
They report in six days, probably another drop.
That's where the money's flowing in the market.
What does it have to do with?
I gather
the GDP
I gather
and what ain't happening
them mags
and of course
plenty of other areas
that are not doing well
we've mentioned them
we're not going to get into them today
but just letting you know
that's where the money's flowing and
housing
Toll brothers they report next week
at the yearly highs
Pulte almost there
green brick
GRBK is there
why
10 year yield
dropping like a rock
which by the way
is good news
is good news
there's your stories
up next
what else
I'm Gary this is the one
to only investors end
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 CBS 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
to serve your community because we believe where you get your medicine matters. So visit us at cbs.com
or just come by our store. We can't wait to meet you. Store hours vary by location. Here's a quick podcast
for all you true crime fans.
The case of the missing Reese's.
It was me at the store with my mouth.
Motive?
Um, they're reases.
What was that going to do?
Stop myself.
Tune in next time to see if I do it again.
Spoiler, I will.
Wow, that had everything.
Rees, suspense, reeses.
On Deck is built to back small businesses
is like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps,
OnDEC's loans up to $400,000 make it happen fast. Rated A-plus by the Better Business Bureau,
and earning thousands of five-star trust pilot reviews. OnDec delivers funding you can count on.
Apply in minutes at on-deck.com. Depending on certain loan attributes, your business loan may be issued by On-Dec or Celtic Bank.
On-Dec does not lend in North Dakota all loans and amounts subject to lender approval.
You're listening to.
What are we waiting for? What are you waiting for?
One, two, ready, go.
Investors Edge with Gary Culper.
And well, once again, to Investor's Edge.
You know, I got a lot of input from you guys on my Epstein talk.
And just remember what that was about, the cover-ups.
But it's the cover-ups by whom?
The people running this country.
They covered it up the whole four years of Biden, and they're covering it up now.
Redact this?
Why is anything redacted?
It's we the people.
We have every right to see this.
Do you know this Nancy Mace came out and said, you be sick to your stomach when you find out who is in this?
She said politicians, celebrities, chiefdom.
the whole works, yet we can't know
that they went into a private room
and nobody will divulge?
What are we living in Venezuela
or Russia or North Korea?
They hate us.
And speaking of that, you know the other part of the equation
and I don't pull any punches.
The guards weren't guarding
somehow the camera
wasn't working
and the head coroner Dr. Biden
the number one corner world says
oh this was homicide
and they just came out quickly
and said it was suicide
well it's starting to bubble up again
because
guess what
article came out last night
doctor at Jeffrey Epstein's post-mortem
He was there for it.
Says he was strangled, not hanged.
And who is this article on?
Dr. Michael Bodden, who I told you about.
He says this must be reinvestigated, even though it's seven years past.
That he's unconvinced by the conclusion.
He says it was strangulation and not hanging.
And it's a sin that no investigation
into the cause and manner of death
was really put
the screws on
in this day and age
me, your handsome and buffed host
have to come out and state to you
this cover-up. I still believe
JFK. Same thing.
You know, they didn't know there was a video.
There's a Bruder film.
They want you to look at the film
and tell you no
there's not a second person
though the bullets came from two different places
and they let it die
and I'm not a conspiracy person
I'm an evidence person
there are people that think we never got to the moon
bull crap
there are people that believe inside job 9-11
bull crap there are people that don't believe a plane went into
the capital not the capital the pentagon
Bull crap.
But these two things, we've been conned.
And again, what does it tie into?
Me and my job and my money?
These are people running the country.
These are people making decisions on our lives and the markets and the economy.
And you want to trust them?
Anyway, just my thoughts.
Continuing as we segue back,
It's one of the biggest changes of playing fields I have seen in a major long time.
Foreign markets are beating our butts right now.
For a long while, that one going on.
Japan.
It took 30 some odd years to get back to the old highs, but it's gone Enfuego.
The one Asia place that ain't is China.
still very weak
this had its moments
but certainly not a major move to the upside
other foreign markets
dang
now they will move better than ours
because they're less liquid and easy to move
more
but dang
that's the story
and of course there's
there's some retail that's strong but there's also
a lot of retail that's weak
There's some medical that's wrong, but there's a lot of medical that's weak.
You already know about the managed care HMOs that have been destroyed.
Auto dealers, no.
Restaurants, well, a few tried.
They're all sinking like a stone now.
Insurance stocks, boy, oh boy, were they blasted.
So not everything, but the, you would think we're,
in some sort of industrial age. And maybe we are. Because that's where the money's flowing.
Even though earnings and sales, not much there. That is the story. Building, construction, energy,
chemicals now. I've even had to mention the word chemical and I can't tell you how long. Names.
that I would never even have to think about
Allison Transmission.
The heck is that.
By the way,
drop in earnings of 28%
and a drop in sales of 16%
and it's at a new yearly high.
That's my world.
To next week.
We're off Monday.
Have a good three-day weekend.
We're back on Tuesday.
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'll feel better.
I promise they will be well.
Always thanks for joining us.
Until then, 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.
Guys, it's no use putting it off.
The best time for an underwear refresh is now.
Tommy John Underwear is designed for a perfect fit that's
days put all day. Their zero-chafe thanks to four times more stretch than competing brands,
and their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold,
there are thousands of men out there more comfortable than you. Don't settle for less.
Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com
Code Comfort. Tommy John. Comfort perfected.
Hey, it's Howie Mandel, and I am inviting you to witness history as me and my Howie Do It Gaming Team
take on Gilly to King and Wallow 267's million dollars gaming in an epic Global Gaming League
Video Game Showdown. Four rounds, multiple games, one winner, plus a halftime performance by
multi-platinam artist Travis Travis.
Travis McCoy. Watch all the action and see who wins and advances to the championship match
against Neo. Right now at global gaming league.com. That's global gaming league.com.
Everybody games.
