Investor's Edge with Gary Kaltbaum - wild week in review [03.07.2025]

Episode Date: March 7, 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 Colpom, your host. Hey, thanks for being with us today.

Glad you here, ladies and gentlemen. Happy that you are listening. It is Friday. And I am so happy. It's Friday. because as you know I had a flu-ridden week, though I am definitely much better than two days ago. And you know what I just want to do? I just want to lay in bed.

Scan the markets. Hang out with Winston, my little doggie, and watch the office for the 500th time. Hey, hope you having a good day. Lots to cover. As always, serious talk on everything that affects you. and me will do the markets, the economy, jobs, your industry, doge. The 57th change of stance in a week by the president on tariffs and whatever else comes to mind. 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 a Twitter feed, which is now X. And if you don't follow us on X, you should. And if you like to email us, just be nice. And ladies and gentlemen, I'm not going to start with the market today, though I've got lots to talk about when it comes to the market today. I promise we will cover it in a big way. There are two things that come to mind first and foremost. This is not the Doge moment yet. But it could be.

But it's not. But it is our tax dollars. As you know, there are certain things the president has done in the last couple of weeks I am not a fan of, but then he does something I love. A necessity, a must. And it has me asking one very important question. The United States, through the Trump administration, canceled $400 million. in grants and contracts to Columbia University, which has me begging the question. Why are we sending $400 million to Columbia University in the first place?

Don't they make enough money? Somewhere along the line, I don't believe our four fathers had it in their mind that they were going to take $400 million of our tax dollars and give it to one college. but I digress the reason he's doing it the school's failure to protect Jewish students from threats and harassment the people running Columbia in my humblest opinion suck I take no joy in it they have shown no inclination to take the offense

the offensive against terrorist loving mask wearing cowardly scumbags threatening the Jewish community it's no longer

we're from Palestine they are praising Hamas and their leaders and they're threatening faculty and yet they do nothing about it we'll sit and negotiate with you.

If I ran the place, they'd all be indicted on hate crimes. That's all. I'd have warder canons at the ready. You know what a water cannon does. It'll send you down the street. So good job, President Trump. Thank you. And for any other racist scumbags against any racist scumbags

against any race, creed, color, religion, gender, you name it, we will back you. 1,000 percent. We don't want any racism of any kind. And I'm always amazed at people that are racist. Kanye can go screw himself. He can take a swastick and stick it where the sun don't shine. Imagine your conway. How many people do you think follow him on the social media? A hundred million? Imagine the good this person can do, yet he kisses the butt of Adolf Hitler, who murdered 12 million people, six million of them Jews. so good on the president and while you're at it go do the rest of the colleges also

they arrested a few finally and they deported one I heard or they what happens they take away the visa that means you're out of here right so good job on the president day I had to start with that first but now we do the doge moment

and number one why do we give them 400 million think about that why do we give them $400 million bucks that's a Doge moment

it really is why do we give them $400 million dollars part of the Doge moment also is the New York Post has now did an article on Pedesta

they must be listening to the show good and if I was running the show Podesta would be on Capitol Hill answering some very tough questions right now Joe Biden is the biggest

largest, humongous, corrupt, crooked president we have ever had by far and the media let him off the hook. One more Doge

moment, ladies and gentlemen. And this is small, but it's indicative. It shows they just don't care about us or our tax dollars. Do you know

that Doge just canceled a contract only $56,000? Our government was paying $56,000. $56,000. to water eight plants for five years at the VA. Eight plants water them.

Take 56,000 of our tax dollars. Instead of somebody already working there watering it, them, eight plants, $1,400 a plant per year for five years. I know it's small, but it's indicative. We're just their slush fund. And boy, I hope some people go to jail. That is your doge moment for today. Feeling much better, if I sound a little congested, it's because I am.

You never know how the flu is going to come and get you. Welcome to my world. We now segue. way, today was one of the weirdest days. So let me just state for the record that Dow was up 222. Nice. We'll take it. At one point today, the Dow, at one point today, was, I believe, down, let's see, 42-175, that's 625, the Dow was down almost 400 at one time today.

almost 400 at around noon. The NASDAQ was up 126 today. At one time today, the NASDAQ was 17768, that's 420, was down 300. A great comeback was had. I could tell you it had to do with Trump being easier on tariffs, Again. Or Jay Powell was out with a speech making nice, nice. I don't care. What I care about is the market found a place today where I think it stopped the recent bleeding for the near term. I'll explain the good and the bad. Up next. On this, the one and 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,

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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 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, here's the problem. While the Dow was up 222 points today, the Dow this week was down 136 points.

that's why it was up today. Simple as that. The Dow never got to the big long-term 200-day moving average, but it was close. The NASDAQ was up 126. The reason why it was down 651 points this week or 3.455%. Of import, the NASDAQ, the NASDAQ, is still below the 200-day moving average, but that was a pretty good reversal.

The NASDAQ 100, still a little bit below the 200-day moving average. By the way, it hit a low today of 19736, 264-64. It was down 300, approximately. So out of weakness, the market found the place that it said enough. The Russell 2000 actually finished up for a change. For the week, it was down 4%.

The midcaps, down 3.5%. The semiconductors, 3%. And had a nice move today for a change. The semiconductor index today, the Sox, was up 141 points. but of quite the import, the Philadelphia Semiconductor Index in the prior 10 days went from 5366 to a low today of 4455, 911 points on 5366.

I gather that's around 17% in 10 days, so it bounced. can't go further than that. I would love to say, the lows are in, but I need evidence. You know what evidence I need? Follow through. Not just one day, but a very good comeback today.

And I must tell you, the comeback started when McDonald's broke out of range on its no growth. But McDonald says things are going to be better. IBM coming on strong in the Dow. And I'm thinking they're just parking money. But what ended up happening today, just for example, Facebook meta hit a low of 600, closed at 625. It was down $27, finished down two.

That said Was still down $42 for the week Six and percent in change That's why we rallied The market got tired of the drops Simple as that Netflix today Hit a low of 858

Closed at 891 Was down another 48848 48 points today after being down 84 yesterday. Still down 15 on the day. Why did it rally? Because on the week, it was still down 89 points or 9%. So out of weakness came the bounce. We will need to see follow through where that's all it's going to be.

but I also much must mention I've scanned already the tape is a mess more and more stocks broke support today when the market was being bludgeoned I got to tell you I was even saying to myself

under my breath are we going to crash just remember a Netflix was down 120 some odd dollars in a day in change. A leading growth name. And I can go through a laundry list of what they were doing today in other names. We're just given one name as an indication.

But a very good save. We'll see what next week brings. There is not a lot of leadership at all. Advance declines was not that great today. The new yearly high list, is there even any new yearly highs of note? I'm not so sure. I would gather mostly on the defensive front. Let's see.

On the NASDAQ, I've got Gilead. I got to tell you that's a strong name. I've got, here's another one interesting, checkpoint software. Little breakout today. Great. this is the NASDAQ you want to know other new highs on the NASDAQ? Can't find

Oh Jack Henry and Associates J-K-H-Y That's three That's all I got for you Three new highs On the NASDAQ I gather the NYSC will be a little better Verizon

Ali Baba Bristol Myers Kroger supermarket McDonald's as I mentioned ING group Foreign Bank Bank

Banko Argentina Orgentaria BJJ's wholesale Yum brands I got a couple of gold names Doop Doop Doop Doop Doop Doop do.

Auto zone, though it finished down, that's it. That is your new yearly highs in the whole New York and NASDAQ, ladies and gentlemen. Of course, there are a bunch of China names just below New Yearly highs. China's been strong. But if this is going to be something of consequence, I will be able to come. Come on the show and say to you, I got some more names, and I got some more names, and here's some more. It's just one day, out of weakness, but very impressive comeback. Don't want to throw cold water on it.

Up next, we'll continue with the markets. This is the one only Investor's Edge. 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 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 Venture X car. 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 Sprinker 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 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 Colbomb. It comes highly recommended. You're going to feel better if you talk to him. And well, once again, to Investor's Edge. Lesson Time from your handsome and buffed host. Ladies and gentlemen, this weekend, I will be showing this to my peeps.

Not just telling them, but showing. But since this is radio, I can't show. So I will tell. Lesson time. artificial intelligence. This is not commentary on what may occur. We don't know what the future is going to be with the artificial intelligence stocks. We know what the past has been.

And I just want you to remember a couple of things. First and foremost, don't listen to people. What? What do you mean? don't listen to people. Well, on January 27th, a Monday, the artificial intelligence arena got smoked on a gap to the downside

off the news of something called Deepseek, which is a Chinese artificial intelligence whatever that supposedly is a bazillion times cheaper than the Nvidia chips, and it's an open source, so it really blows the doors off of what would be needed going forward to expand the artificial intelligence. You see the hottest stocks in the market at the time were, let's see, data centers. energy companies to get those data centers going. The construction companies that would construct the data centers,

the chips for the whole thing. And you know, Taiwan semi makes Nvidia chips and the like. And that day they got smoked, everything, gap to the downside. But what were you told? What was I told? Don't worry. This is all BS. That the Deep Seek is not as good as they say it's from China and they're lying.

Buy the stocks with both hands. You'll be happy about it. We promise. And day in and day out for a couple of weeks, they were banging the drive. drums, buy, buy, buy. And then they stopped going up. They got back some of the gaps, some better than others, and then they crashed. And interesting enough, I'm not seeing too many people out there saying buy, buy, buy anymore. Yeah, they're still out there, but you now have 30, 35, 40% drops. Who wants to listen to anybody that told you to buy and they're down 30 to 40%?

And what did we tell you about all this? We told you capitalism dictates when somebody's doing so great and making so much money, somebody else is going to show up and maybe do it faster, quicker, cheaper, and then look out. Well, now Alibaba has some AI going on, and that's been part of the crash in the AI stocks. They bounced them finally a little bit today, but they've been destroyed. bludgeoned, and that includes Nvidia that has gone from

143 down to 112. But don't worry, just buy. Do you remember the energy companies like CEG? Not even the big high of

352, but the high of the, you got to buy it, don't worry about the cracks, 330, down to 212 today by the way this isn't about

two and a half weeks or GEV another energy 389 to 289 and 389 isn't even the highs I can go on

and on and on but less in time watch your stocks they're going to do whatever they want to do regardless what anybody thinks and always be a little bit skeptical of those that keep telling you to buy while the stocks keep getting crushed. And we don't name names here. We are not in the game of putting individuals down. We don't do that. The business is tough enough, but we do teach lessons. And again, we don't know where artificial intelligence

ends up, but we warned you. We told you about the worry about overordering, the fear and greed of those that want AI chips thinking they'll end up being a shortage so I got to buy the hell out of them. Oh, I own too much. I don't need to buy anymore. Could be a possibility. We warned you about capitalism. That's the definite possibility. So we'll see how it plays out. We'll keep you in form, but it's a lesson. It's a big lesson.

And if you don't learn from the shouts and the touts and the froth and the speculation and the fads and all the things that can knock you for a loop in the markets, you probably want to take a step back because there's a lot of money to lose. Did you know that? There's a lot of money to lose in the stock market. If you're not careful, GameStop, you remember the Trump stock,

and again, nothing political. We deal in numbers here. It's gone from 79 to 22. Why? Valuation. That's all. AMC, the movie thing. Rivian, that we warned you at 180.

It's 11. The list goes on and on and on. Just recently, we warned you about the quantum stocks and the nuclear and the space. Do you know there's a company called Intuitive Machines? with the great symbol L-U-N-R for lunar. Well, it's gone from 25 down to 8. Why? Well, they lose a crap load of money.

Valuation. Lesson learned. And when we tell you we don't play no sales companies, it's for a reason. And we fully disclose that we miss. We've seen a lot of no sales biotechs bought out. by cash-rich pharmaceutical companies making bets. But we've also missed out on the hundreds of names where the placebo did better than the drug

in phase two trial and dropped 50% overnight. And as I've told you, I think there was one that went down 90% overnight one time. So lesson time from Gary, the latest one being this artificial intelligence. and I'm not going to use the word bubble but there certainly was bubblicious emotions it was the talk of the town

AI as I've told you whenever somebody notices me hey Gary Senior on Fox what do you think of Nvidia catching the drift up next this that and the other thing

or whatever else This is the one only investor's edge. 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 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. Change. Ready, go.

Investors Edge with Gary Culper. And welcome once again to Investors Edge. Oh, I can't wait for the weekend. I love my work. I don't believe it's work. I could work seven days a week. Not this weekend. In the news, jobs numbers came out.

Government employment falls by 10,000 in February. We want you to remember a couple of things. We don't want anybody losing jobs. We don't look at government workers as bad people. We don't like the way Doge is going about it. These are people. I don't think Elon's thinking the human side of this. It's not like these people are criminals,

like some of these scumbags that stole our tax dollars. But Joe Biden and the past, created this gargantuan mirage of spending, and I'm a thousand percent sure, a thousand percent sure, there is so much damn overlap in our government, and since it's our tax dollars that pay every dime of government, whether it's buildings, military, jobs, It's incumbent upon someone to fix that up.

And if you own a restaurant or you're buying a restaurant that has 100 people working there, but you realize 30 of them do the job that's overlap, you're probably going down to 70. Well, I can promise you, our government is turned into one big gargantuan blob. that must be paired back. And get the crooks out. Get the crooks out. So 10,000 less, I gather there is a lot more to go. As we told you, the president did what I wanted.

He told Elon you're going to start using a scalpel instead of what they've been doing. Good to see. Keep doing the doge. But man, oh man, slow the roll. good to see we're finding out more about the slush fund that Biden you know what

I don't even know if I want to mention him anymore they altered the slush fund so it wouldn't be seen it's just so bad and as I said to yesterday Stacey Abrams was interviewed the jackass adult of a

journalist, and I use that word lightly, didn't ask, how much have been paid? Nope. And of course, she didn't answer his question either. We'll keep reporting on it. I hope. I hope they could claw back every dime. And I want to see some of these, I'm not going to use the word, on Capitol Hill. answering.

They're never going to go to jail. Accepting a grant is not illegal, especially when it's given to you. But you got to shut down the farce. And I think that's what's going on. The president was talking tariffs again today. I'm in hopes. He shushes.

I'm in hopes. He realized markets and businesses. will not like big tariffs. He says he's not watching the market. Oh, yes, he is. He's changed his stance on tariffs to make them easier every time the market gets hit. And he had some of that language again today. I don't want my president doing economic policy based on markets going up and down. That's what we've been getting so far. But you know what? I'm not expecting any different going forward. Any changes in the markets from my scans? Not really. I did mention McDonald's breaking out range. IBM looks like it wants to. Seeing a couple of economically sensitive stocks better,

but nothing of note. The consumer staples had a very good day today. Food and beverage, tobacco household products very strong very defensive much better action in the group don't know how long it lasts don't think they have the earnings power a lot of them are very big and really not growing semiconductors I think

probably putting a low today for now but that's only after going from a 17% drop in 10 days bounces do occur we're looking for up trends not bounces and downtrends but we don't want to see markets going down so good to see the AI stocks actually did bounce today

but in major downtrends and may I state for the record there's just a lot of stocks in bad shape bad shape means below moving averages below resistance topping out in down trends of differing levels. If anything changes, we'll let you know. But today was, I got to tell you,

today was one of those days where I just said, wow, a big wow, not just for the comeback, but for how bad things were early in the day. That all said, you'll have a great weekend. driving carefully and when you get home do like we do make sure you hug your children make sure you hug your family they will feel better you will feel better i promise make sure if you get the flu get the tamaflu and get the flu shot too stay well be well serenity now good night all bye bye this has been investors edge with gary cult bomb on biz talk to listen to past episodes

or to get in contact with gary go to gary k dot com that's gary k 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 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.