Investor's Edge with Gary Kaltbaum - Wacky Week In Review [10.17.2025]

Episode Date: October 17, 2025

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That's Tommyjohn.com, code comfort. Tommy John. Comfort perfected. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum, your host. A thanks for being with us today.

Glad you here, ladies and gentlemen, happy that you are listening. I'm so happy. It's Friday. It's October 17th. It's 2025. Again, I am so happy it's Friday, I'll explain in a minute. But first, in case you don't know, this is serious talk on everything that affects you. We will do the markets.

And that's why we're happy it's Friday. We'll do the economy. We'll do your job, your industry, tariffs, war, Ukraine, Ukraine, this mayor of New York City and the debate last night. Why the heck does that matter to you? And whatever else comes to mind. And of course, if you do not get this radio show in your city, we will post it at garyk.com. We'll also post it on my X feed.

And if you don't follow us on X, you should. And if you like to email us, all you got to do is be nice. And everybody's been nice. You know, I'm not getting anybody calling me a Nazi and Hitler. and Trump derangement syndrome or I hate Trump. By the way, I get that. I get emails, why do you hate Trump so much? And then I get emails, you have Trump derangement syndrome.

That means I am doing my job when I tell you, we have no agenda, no ulterior motive or bias. We just care about good policy. What's wrong with that? So, when do we want to start? This week, we're going to call it the wacky week in review, which by the way finished up on the week, and that's because we got trashed last Friday and we gapped up on Monday.

But I must tell you, for the record, there's some wild swings this week and some things that have come off the good list. You see, when we do our scans, we keep lists. We have this legal pad and we write down names. And the more names that are on the good list tells us about the market. And of course, if there's more names in one sector, that's of import. But this week, something interesting happened in that, again, the market was up this week. because last Friday the market got trashed on tariff talk.

So first let me state futures were down 400 on the Dow overnight. And then let me state for the record that the president had a interview and was specifically asked about that 100% tariff on China that he put on them that would start on November 1st. Is that still on? No. And of course the market finished up today. And if you know me by now, I loathe the president using threatened massive tax policy and then pulls it off and puts it on and pulls it off and puts it on.

And I worry, and this is a worry of what I would call import. I'm just hoping doesn't crash the market one day with it. He did it once. We'll keep our fingers crossed. But I digress. Let's start with Bitcoin. Bitcoin on Monday broke the 50-day moving average. Went straight down all week, was down again today,

did bounce off the lows today, but it's actually below the low of mid-September and mid-August, and is now trading. Not making this up. All the talk of Bitcoin going to, million and 3 million and 13 million. I saw somebody with a straight face on TV said 30 million. Bitcoin is trading underneath the low, the high of December of last year now,

which is no big deal. It's only about 15% below the recent highs. No big deal. But we're just letting you know for all the talk. It is now trading below the highs of last December. It closed the G, I-B-I-T, it's a Bitcoin E-TF, closed at $61.75 last December, early September, closed at $60.47 today. So just let you know, we're not saying it's meaningful or not, except we would avoid buying Bitcoin, and the same goes for Ethereum. and we're bringing this up because we're being asked a lot about it.

And of course, micro strategy we warned you about. And it's gone from 457 to 289 since July. We warned you. And we've also told you the last bear market watched it go down 75%. And the touters, God bless them, have no thought process that could ever go into a bare market again. So we'll keep you apprised. As always, you decide. But I had to start with that.

Be careful. No sales, no revenues, no earnings, no product, no services. Just letting you know. Next thing I want to talk about, let's say the market had only 100 stocks. For the sake of saying that. And 100 stocks were in uptrends. And let's assume we know what an uptrend looks like. And then 20 stocks top out and start downtrends.

Let's say that happened. Well, I'm just letting you know. We're finding more names that were, let's call them in shape, now going into downtrends. Now you already know from the recent past how we've been telling you to avoid restaurants. exchanges, payroll companies, waste management, recently the travel-related, airlines, cruise lines, hotels, a lot of financials as of recent, especially the private equity names, well, would just let you know as we scan. And on a daily basis, we're finding more names. just go and buy-bye and how do we define buy-bye breaking support and or moving averages

let me throw you a for instance Uber no big deal it's down 9% from the highs maybe 10 that's not a big deal that happens but it's now back below the 50-day moving average and as you know a stock cannot ascend if it's below so it's moved to the side not the deep downtrend, not the bare market, but it gets moved to the side. I have to bring up Oracle. So Oracle yesterday had an investor conference, and out of nowhere, in seconds, Oracle screamed to the upside, went from like 305 to 321, and closed for the day at around 313 dropped $22 today

because as everybody I guess looked at what they said I guess they thought 1 plus 1 did equal 2 now by no means has Oracle broken down but it broke a trend and it broke an ability

to break to the upside so not the end of the world but it's no longer on my list of setups to break out to the upside, for instance. And then there's Goldman Sachs trading below the 50 day. JP Morgan trading below the 50 day. Not a disaster, but both reported earnings did not have very good reactions.

and yesterday, off of the drop in other financials, namely the regional banks, they got clipped. As long as they trade below the 50-day moving average, they're out of play. We're not telling you to sell them. They've had good moves up for a while, but from here they cannot ascend until they get back above. simple as that and we're just finding more and more names that are doing this

Warsaw is something like a Astor Labs A-L-A-B go check what they did to this stock this week crumbled gone history out of here A CRDO CRETO

On Tuesday it was Jump back above today Okay Up next What else are we saying? Please listen. 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 financials. goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal

goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-2-5-59. That's 8-5-5-9. That's 888-4-2-5-9. Investment Advisory Services offered through Colbaum Capital Management. 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 stays 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. This message is brought to you by the Capital One VentureX card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next

dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes

it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin's swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for well, more microphones. Start your show today at spreeker.com. Sprinker, because if you're going to talk to

yourself for an hour, you might as well publish it. It's time to switch on the integrator units and get The brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion of quality programming.

With Gary Coltbaum. It doesn't get better than this. So, what else are we seeing? For your information, gold had a down day today. Meaningless statement, especially after a big move up. And especially after, what was it, last Thursday, I thought the top was. in for now. And we had five days up in a row, but finally gravity took over. I would tell you that I think today really was the day, but since last Thursday wasn't, I'm not going to say anything except

to say. Finally a good down day. That's all. We'll leave it at that. Very overdue. And I want to mention the advanced declines on the NASDAQ today were 1900 up, 2,568 down. amazingly on the NASDAQ there are only 54 new highs today a hundred and twenty six new lows what with the NASDAQ up 117 and the NASDAQ 100 up 160 what just let you know things got massed today Apple was up almost five dollars and video was up a buck and a half Microsoft had an up day up two bucks and these things are so mega cap to the markets they're so influential you get five names up and 20 names down the market will still be up nicely because of those just five names we're

just letting you know we lost a bunch didn't lose American Express though and may I be clear American Express today was about 150 Dow points to the better Dow was up 238 American Express reported 19% earnings growth 9% sales growth the market for whatever reason loved it but Americans Express just pulled back hard because of the weakness and financials speaking of the financials so in case you don't know there is worry about credit on Wall Street we have highlighted for you how a lot of that what we call these private equity buyout type companies capital markets type thing

are in bare markets and they have been worsening we're keeping watch on that because just yesterday they trashed the regional banks which kind of bounced a little bit today but that's normal if they're getting trashed and you know what the regional banks are talking about

credit and potentially fraud on credit. So just keep that in mind. You want to know what bearish look like? Go look at Z-I-O-N, which, by the way, got upgraded today

after I get to smash yesterday. Go look at KRE. It's a regional bank exchange trading fund. So something we weren't really having to think about in the last five days the action of these areas now has us thinking about them and

definitively staying on top of them because if anything could get the markets it's one of those credit blowups and we're predicting nothing we're just in terms for you that are a lot of names in those areas acting troublesome with some getting smoked I have yet to do my final scan today but I repeat finding some finding some pretty good distribution in some important stuff breaking support slash moving averages will Let you know if that continues. If the market remains on the weaker side, and yes, the indices are up today, but if the average stock remains on the weaker,

what we are hoping for is they just go range bound and ready to bust out to the upside whenever they decide to. Simple as that. But you need to know, we started with the crypto in spite of what everybody says. and we don't want to name any other names but when you go do your scams anything breaking below the 50-day trouble anything break in support and we're watching for the group moves also worst was best today the areas we have been a void on are bouncing not all but staples food beverage tobacco house-soed products all green today and dead money with a lot of bare markets

especially the alcohol stuff I don't see one red today so they bounced but what are they they're defensive we'll keep you informed on them but good day best looking I believe today was ecolab and by the way it's the strongest name in that area area and maybe it shouldn't even be in that area in case it's more business they do the cleaning and sanitize I think hotels restaurants and maintenance and all that stuff so I'm not even sure that should be in a group in that group we've been telling you about how insurance stocks have been destroyed they bounced a little bit today but when I say bounce, progressive insurance has gone from 289 down to 220 and was up four today.

That's what we mean by anemic bounce. So regardless that insurance bounce today, it's an avoid. It's an avoid. Restaurants, maybe a couple of them may be bottoming, not sure yet, but they've been a voids. And I stick with that at this juncture, though maybe some of the down run out. We'll know in the days ahead. But I just want to repeat something I said earlier. There are more new yearly lows in the market than new yearly highs today. With the Dow up 238, the S&P up 35, NASDAQ up 117, NASDAQ 100 up 160.

Do I have to repeat that? By the way, more new lows on the New York Stock Exchange than new yearly highs. That is weird, ladies and gentlemen. Very weird. And I can't wait to mind that, sucker. Up next, that guy running for mayor or the next mayor. This is the one only investor's edge. 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 stays put all day. Their zero-chafe thanks to four times more stretched 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. This message is brought to you by the Capital One VentureX card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply.

Lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple.

You record your show, upload it once, and Sprinker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin's swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. We're listening to. America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Coltbaum. It comes highly recommended. You're going to feel better if you talk to him.

And we'll once again to Investor's Edge. You know, maybe I don't talk about this often. I always thought we had a pretty rock solid justice system, but we really don't. I mean, on a daily basis, I am reading. I am reading about so many violent criminals being let out. Not after one or two or three, but after ten or ten or ten. and 15 and 20. And then all of a sudden they murder somebody and we don't have to ask the question on whether we knew or not knew what happened. We knew eventually. Yet these judges keep letting

them out. It's unbelievable to watch. I don't even know what to say. Somebody knifed somebody on the subway. 18 arrests, nine of them for felony violence. Last one let out with very low bail. And I'm just thinking to myself, what does it take to have a judge logically? You don't have to be Albert Einstein. Logically say this person is a threat to the community. Go screw yourself. No bail.

Or one of those $1 million bailes that you know they can't afford. And we keep hearing, well, we're just following the law. No, they're not. No, they are not. And unfortunately, innocent people are being attacked and murdered in this country in 2025. Yet, you got governors and mayors fighting Trump on trying to fight crime. it's so weird to watch. Speaking of that,

I was on Fox Business Network, the big money show today for two hours from noon to two, and we talked the mayoral debate last night of New York City, and if you don't think the mayor of New York City matters, I can't help you. And here's my problem. He's professing now, you know, I was younger and I was pissed,

and that's why I said I wanted to defund the police. He said it, tweeted it, 10, 15, 20 times. I have to ask you a question. If you said something 10, 15 or 20 times, tweeted it 10, 15, 20 times, got in the police's face and cursed them out, said they were racist, and animals, would you not be believed?

The guy's a liar. Wolf and sheep's clothing. You're going to have a mayor in New York City that coddles the criminals and kick the police in the nuts. He's also calling for fewer jails and social workers instead of the police. That police are overworked. And as I have said to you on this show, what's the number one job of a leader of a city, state, country, protect the citizens. What's the number two job? Protect the citizens.

What's the number three job? Protect the citizens. Of course, then there's the economics. He wants to raise taxes to fund free buses. Let's have free buses in New York City. You know who's going to get on those free buses? Yeah, you guessed it. Again, illogic. This is what I said on the TV show. I looked in the camera and I said I was speaking to the soon-to-be mayor. Why not cut taxes? Why not tell corporations that are in New Jersey or Pennsylvania, Connecticut next door, kind of. And all the corporations that left New York City that did not want to leave, but they were sick and tired. or what's been going on and tell them you're going to lower taxes for individuals and companies

that were open for business and watch business pickup and more people come here and more revenues to you that you want so badly do you know why they won't do that? When you lower taxes and less regulations you lose control And what is a socialist, Marxist, communist? It's not about the people. It's about control. Power-hungry, control freakism. And he is going to win.

He was up against two people. Curtis Slewa, God bless him. He's one of those able guys that, you know, has been around and goes into the subways. but I would pull better than him and the Yots the Yots who was kicked out for sexual harassment

Cuomo and I thought he was pedestrian last night and I thought the debate sucked because the way they did the debate was a horror show they kept getting interrupted after 30 seconds you can't get in how you feel in 30 seconds so that was a complete waste of time

so good luck New York City it has me asking what in blue hell are the voters thinking and David McDowell who is on me was saying well here is what they are thinking

they want to pay less for things and this guy's promising free there's your vote but as we know nothing's free and he even said it And of course, the other two debaters didn't catch him.

He goes on and says, oh, it's going to be free. Oh, but by the way, we're going to raise $5 billion from this and $4 billion for this because we need $9 billion. You know what they should have come back and said right then and there? Oh, so it's not free. It costs $9 billion. So why don't you say that? Now, they missed it. I bring this up. If it sells in New York City, is it going to sell around the country? Freebies. Freebies. Here, this is for you. You don't have to pay anything. Biden was doing it. Oh, what, what? You took out a quarter million dollars of loans. Don't worry about it. You don't have to pay.

even though we pay the university catch my drift not too hard to figure out ladies and gentlemen but it is heartbreaking and I haven't even talked to today about he is a racist Jew hating Israel hating anti-Semitic schmuck and cannot even come out against Hamas until he was blasted for it for days and then finally comes out, well, you know, yeah, they're not the, yeah, yeah, yeah, yeah, yeah. Call me worry, because they get voted in. We'll keep you up to date on it because it will matter. Oh, and it will matter especially if you live in New York City. What else is going on? This is the one that only invest we said. 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 stays 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. first order with code comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One VentureX card. Venture X offers the premium benefits

you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Sprecker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is

Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin's swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to What are we waiting for?

Well, what are you waiting for? One, two, ready, go. Inversters Edge with Gary Culper. And welcome once again to Investor's Edge. You know, I cannot get over. Well, yes, I can. There were more new yearly lows than new yearly highs of the market today on both the big indices. Wow.

Now, I do know if I live, looked at the new yearly lows, there'll be a lot of DREC on there, but it still matters. It still matters. I'm looking at a list right now. Helen of Troy, don't they make like hair dryers and stuff? Chime Financial. Is it a new yearly low? What did we warn you about chime financial?

Oh, it's one of these IPOs that opened up too hot, a $27 deal. opened up in 45 it's in a new yearly low you ready for this 17 dollars by the way that was only June when it came public yes you may thank me you know what else I just noticed that New Yearly Glow's charter communications a very big cable TV company and all that oh yeah how about this one new yearly low symbol GEMI oh another I With 28 bucks they opened it up at 46 19 So again you may thank me but really thank the market because everything we do we take out of the market

And all we can tell you one by one all these IPOs that they'd open hot they cramped them Here's another one how about firefly $45 deal opened it 74 bucks in early August Not making this up 74 down to 26 and New Yearly Low. Wow. Holy crapomatic. And that's only on the NASDAQ.

On the New York. Are you ready? New Yearly Low, I recognize this name, Wirehouser. I believe that's like Timberlands. How about this one? New Yearly Low. CarMax. They only do about 27, 20,

28 billion of auto sales. I got another one. What have we told you about payroll companies? Well, you know what else is kind of included in that? Manpower, staffing services, New Yearly Lowe. And if that's at New Yearly Lows, how about another staffing company, Robert half new yearly low. It's gone from 78

to 31. By the way I'm on the NYSE now. Oh and by the way another hot IPO, Klorna Group $40 deal opens at 57. New yearly

low. $35. Ooh, I think I found another one. Booz Allen consulting New Yearly Low. the question is, are the staffing and consulting companies at new yearly lows because of the worry of AI? Now, I know Boise Cascade isn't worried about AI, wood products.

It's at a new yearly low. 155 to 71. And what do we warn you about insurance? Avoid. Brown and brown New Yearly low. They're insurance brokers, I do believe. So just letting you know, we're watching all this underneath the surface stuff. That said, very important.

The big indices continue, remain above the vitally all-important 50-day moving average they have teased trouble in the last few days. They have held so far. And considering last Friday was nightmarish, we'll take it. But I have to repeat again, we're finding more and more I-C-K. If the big indices break the 50-day moving average, along with deteriorating amount of names and internals, you will be hearing from us. It will be important to watch them financials. And those semiconductors, the semiconductors were down today but remained pretty darn strong.

I don't have much complaint there as of yet. But stay tuned. They were much worse early. They finished down a little bit. So not a biggie. But definitely some warning signs. But until, might as well give you out some numbers, right? The NASDAQ takes out.

22109 until the S&P takes out 6564. Until the Dow takes out 45725. We're okay. Notwithstanding some ick underneath the surface. And notwithstanding the president, 100% tariff, no. to 100% tariff. And again, we're very careful. We never guarantee. But the last time they had the tariffs threatening, the market crashed. If he ever put those tariffs on at that size, all hell will break loose from me to you. You have a great weekend. 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 stay well, be well. I'll always appreciate you listening.

Good night, all. Bye-bye. 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 stays put all day.

There's zero-chafe thanks to four times more stretch than computer. getting 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. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit. for less than you expect. Elevate your earn with unlimited double miles on every purchase,

bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details.