Investor's Edge with Gary Kaltbaum - Wild Week In Review [11.21.2025]

Episode Date: November 21, 2025

https://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 BizTalkPodcasts, 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. 

At Arizona State University, we're bringing world-class education from our globally acclaimed faculty to you. Earn your degree from the nation's most innovative university online. That's a degree better. Learn more at ASUonline.asu.edu. Investor's Edge with Gary Cultbaum. 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, Thanks for being with us today. Glad you're here, ladies and gentlemen. Happy that you are listening. Oh, and we're happy. It's Friday, November 21st, 2020. Hope you having a good day. As always, serious talk on everything that affects you. Everything that affects you. We'll do the markets. What's affecting the markets. The economy. Your job, your industry. The President today met with the incoming mayor of New York City.

We'll talk about that. And much more. In just what I consider to be two of the wildest days I've seen a while, this day I've seen a while, with something we're going to say today, which we haven't needed to say in a very long time. and if you do not get this radio show in your city, we'll post it at garyk.com. We'll also post it on our X feed.

And if you don't follow us on X, you should. We'll also post it on the YouTube channel of Biz TV and other podcast apps. And if you'd like to email me, all you have to do is be nice. So, yesterday, NVIDIA announces earnings. The market's up huge. Reversees over a thousand Dow points, I think over 1,100 NASDAQ points. NVIDIA, which is the largest influence on the NASDAQ and the S&P 500,

pretty much opened at 196, closed at 180.64. It was one of what we call the worst outside reversal days we have seen on record, where the market is up huge and finishes near the lows on big volume. And typically what that will mean is that lower prices are going to come. Normally. Yesterday we did not say that. We just reported the news and we say that because, and we didn't say that because the markets have just been so weird for years. So we take it one step at a time and we came up with this line. We have no clue what happens tomorrow.

But we do know the big picture. and if anything changes, we will let you know. So today, let me describe it. The NASDAQ was getting hit hard again today. The NASDAQ opened up a little bit by about 1040, was down about 180 points. Now, mind you, we lost from the 100. yesterday over 1100 we were down another 180 they were hitting nviti again eight bucks

breaking some support and whatever happened happened we rallied up we pulled back and it would be normal to bounce to the point where at around noon we were at 22367 about about about 260 on the NASDAQ after reversing over 1,100. Normal. Then we pulled back 200 points to be only up 95, some like that. I'm close. And then comes news that the president looks like he is going to allow. And let me be clear about our thoughts.

on a president allowing, it nauseates the hell out of me. And this is not on Trump or any president allowing. We're going to allow you to do this. We're going to allow you to do that. You are a public company or private company. We're going to allow you. We're going to allow you. We're going to disallow you.

We're not going to. We nauseates us in any case. announced since that maybe, I don't think it's been confirmed, allow NVIDIA to sell some whatever to China that they guess have not been able to. Immediately the NASDAQ jumped. Nvidia jumped, taking other things, jumping.

and at that point I told my peeps okay I mentioned it I just shut up the rest of the day I shut up the rest of the day because what are you going to do so get this after being down 180 we hit a high of 22 531 460 points a 600 140 point swing. We're 460 on the NASDAQ. Drop 265 into the close. This is your NASDAQ. Your leading NASDAQ.

Did finish up. Not so sure I'm impressed. We'll just start with that. And interesting enough, which is kind of a little bit more interest, and VDIA did finish down. A couple of bucks on the day. in spite of. Now without getting too technical, NVIDIA is trading below the 50-day moving average,

but a little bit of a reversal today off the lows. As mentioned, the NASDAQ trading below the 50-day moving average after a nauseating reversal yesterday, the NASDAQ 100 below. The Philadelphia Semiconductor index today finished up 54, trading below the 50-day. At one point, though, it was up 154. But at one point today, it was down 190. So all over the freaking map, technology, semiconductors, artificial intelligence type of stuff. I have no clue what happens Monday. How's that?

And don't even want to pretend to know because it was a crazy two days for a very important area of the market and I am so happy I was out of those areas coming into those two days because psychologically I don't know what I would have been doing it's easy when you're outside looking in but I really don't know what I would have ended up doing that's the NASDAQ NASDAQ 100 Nvidia you had some things bounce around but I can see safely tell you a crap load of technology broke down this past week. Notwithstanding what I'm about to tell you in a few minutes about the broad market. Names like Palo Alto Networks, Palantir, Viva systems, soft

bank, Shopify, Snowflake, Crouch strike, Credo, and many others. Broadcom, Taiwan semi. Oracle continues

to lack of a better word, crash. Next week will be another week. By the way, it's a shortened week, three and a half days. Let me say up front, Happy Thanksgiving to any and all. Hope you have a great week with the families. As I have stated, if Abel, think about doing something for somebody you need absolutely nothing from. You know what a great thing to do? If you know a family that can't afford, maybe get them a turkey dinner or something.

Little things. The little things. Not a bad thing. Up next. the rest of the market. Something up today. 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, 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 888-422-559. That's 8859. That's 888-4-2-2-5-9. That's 888-4-2-2-2. 2-2-5-59.

Investment Advisory Services offered through Call Bomb 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.

Muckle Shoot. Step inside and let the excitement take you places. This is Muckle Shoot Casino Resort, the ultimate spot for action that reaches incredible heights, luxury that knows no bounds, and live entertainment that always thrills. It's all at one incredible. incredible destination. So when you look for the best, look nowhere else.

Muckleshoot Casino Resort, the biggest and best in the Northwest. Must be 21 and over. Please gamble responsibly. 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. Let me just state to the record. As you know, I'm in and out with the president. We call balls and strikes here. He just did a press conference with this turd, this racist, anti-Semitic Jew hater, Israel hater communist. He was just being too nice. Oh, I think he can do great things.

What? The guy called you an effing fascist last week. pretty much called you the scum of the earth, despot. You know what the president says? I've been called worse. And I get that. But I'm sorry if I'm president for me, I call it as it is. We'll see how it plays out. We'll hope for the best. The Dow finished up 493 points today. After dropping, yesterday from a high of 46856 closed at 45752, 1100 points bounced up 493.

Am I surprised about bouncing up? Yeah. Not that we bounced up at 493, but what was interesting is we were up over 800. We got back 800 of yesterday's 1,100, but only finished up 493 as we weakened into the close, which I don't think means much, but anyhow, just reporting the news. What you do need to know, though, why would we bounce? Well, in case you do not know, the Dow had dropped. You ready for this? 48431, 2,700 points in six days.

So we bounced. So that doesn't thrill. Hey, down 26, 2700 points up almost 500. Normal bounce. And again, the NASDAQ of imports went from, well, we dropped from 24,000 down below 22,000 in bounce today. Okay, cool with that. The health care and pharmaceutical area continues to be strong. If you go look at the PPH and the XLV, you will see strength in those two exchange traded funds. That's health care and pharmaceuticals. I would also suggest that the IH

eye. Now that on the verge are breaking out. That's medical equipment. So definitely there's a theme on the healthcare which perked up about two weeks ago with Eli Lilly going vertical, two to three weeks ago. Other things have followed suit like a McKesson and just other healthcare stuff, I can tell you something like an IDX labs, IDX, Gapped up three weeks ago, came down with the bad market, good day to day, up 36 bucks. Not at highs, but close. And that's medical equipment and all that crap. So we just want to let you know there's some leadership qualities of the medical health care pharmaceutical area. Whether or not there's earnings power there, don't know. Also the biotech. They've been coming on. If you look at

Regeneron coming up the right side, Amgen in the Dow, straight up. So this healthcare thing has got some things going on. Gilead, another big biotech near the highs. How about symbol G.H. Garden Health. Non-invasive cancer diagnostics and stuff like that. Gapped up a few weeks ago, looks like it wants to move out of there. So medical, health care. But how far are they going to go? But we'll start with that.

But that's got some leadership qualities. Other areas have not. what have we been doing almost on a daily basis avoid this that and the other thing well what have we told you avoid most retail housing housing related truckers rails

travel related and that would be hotels airlines cruise lines economically sensitive that are not artificial intelligence, restaurants, avoid, consumer staples, avoid, insurance, avoid. We've just been telling you they've been in downtrends of unknown price and time. Oh, manage care. Oh, ADP and paychecks. Avoid, avoid, avoid. Well, I've yet to fully scan, and I do not think they've come out of their

downtrends yet but all those areas impressed the living heck out of me today it started somewhere around 1130 you had a strong day in housing and housing related a strong day in the transports a strong day in the airlines a strong day in the cruise lines a strong day restaurants strong day How many times I've been able to say that in the last few months? Never. A strong day in the economically sensitive that is not artificial intelligence. A strong day in insurance. A strong day in other financials besides the big banks.

But as I said, I've done some preliminary scans. I am not sure they broke down trends. And I'm not sure they're the lows. But I'm very impressed with today. the broader market. Now, we've had good days in the broad market before, and they got fritted away pretty quickly. I am agnostic right now on what comes of this,

but I am more impressed today than other days that were pretty good. We'll see what comes of it. We'll expound more up next on Investors' 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. 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 VentureX 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

where 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. his feet here he's a Cinderella boy with Gary Colbomb comes highly recommended you're gonna feel better if you talk to him so out of these areas we found some sore thumbs anything we mention we are not advocating buying selling shorting or covering we're not telling you to do anything we're just describing some names that for us have shown much

better relative strength than their brethren in the groups. Ralph Lauren on the verge of breaking out of range and has been strong for a while. That's a sore thumb. Ross stores a big breakout today up 8% on two and a half times average volume on their earnings report. Now, earnings were up a whopping 7%, but revenues were up 10, and that is four quarters of acceleration on revenues. The market liked it.

Look at that. And by the way, I believe that could be an all-time high. It is. One of the few. So look at that, a couple of retailers. But I got a couple of others. I'm going to be watching Burlington going into next week.

One big year of range bound that cannot get over 300 if it tried. If it does, it could be of import. Another one that's sticking out for me. And just overall, a very good tone for retail today, though many are way down. Restoration hardware was up 14 today to 153. It was 456 10 months ago.

Catching my drift. Home Depot was up 11 today in the Dow. That'll be about 70 Dow points today. Home Depot was up 11 today, but I believe for the week was down 19. Remember, they got hit on earnings. Oh, and by the way, it's still down. $26 and 57 would be $83. from just mid-September does not impress.

So we have to separate, hey, look at this pretty darn strong. Oh, this one sucks. A target was up $4 today, almost 5%. A little problem. Two and a half weeks ago it was $100. It closed at 87 today. nine months ago it was $145. Oh, and the highs of $21.

We're $269. So again, perspective. And that's what we do. We go through. We know what's up, but we also know where things have been. And whether it's a meaningful move or not, what is meaningful is the group made a good move today. And we'll see what comes of it.

Follow through is going to be of import. Those are your retails. I got news for you. ADP and paychecks. ADP was up four bucks today, 253. It was 3.30 in June. Paychecks. It was up three today to 111.

Oh, it was 161 in May. Does it impress? Hell no. But if the worst stuff stops going down, typically we'll put a floor under the market. And as I look at my left screen, remember what my left screen is, lesser tech, stocks that have been bombed out, mostly green today. I've yet to go through them. Don't know what I'll find.

Yeah, I take that back. Pretty sure I'll know what I'll find. We'll find flies on an elephant's rear end as far as the bounces. but we want to get a feel is the worst stuff not going down anymore and the fact that they were up today is at the start of something we don't know but we're now on notice of that because as we said restaurants that have been destroyed I mean hell Kava was up five bucks today to $49 it's a big 12% move and volume was heavy.

It was 153 bucks 11 months ago. I would suggest that's in the 60s to the downside, but we care about the big picture, but we have to deal with the reality of hand now. One of the worst stocks was up 12% today. And then I look over at my restaurants, everything was up today. And we'll take a look and see.

I know I have one that's much stronger than others, and that's restaurant brands. They own Tim Hortons. Tim Hortons is pretty good, by the way. And Burger King, which has much better hamburgers than McDonald's, and love their onion rings. By the way, when I played golf in Nova Scotia,

played some great golf courses with my buds, I don't think I've ever been to Tim Hortons. I went into Tim Hortons. Boy, they got some good stuff in there. that was good anyway so restaurants there's no bull markets there but if the worst groups

are not going down anymore the floor the market picks up housing a strong day the ETFs for home construction was up 5% today

for the home bill was up 4.7% today. They have been destroyed over the last year with one real nice rally into September and then trashed into today. A great day today. Guess what? I got to have to spend some time on them.

I looked at them and they look like maybe the worst is over. And if a weak group's worst is over and is no longer an anchor on the market, that helps the market so restaurants retail housing how about hotels Hilton up 10 bucks today by the way has done nothing for a long while but you know what it has done built a very nice trading range with a good pivot above 280 bucks a break above 280 on that would be a strong breakout for Hilton the fact that it's setting up is good news Hyatt up nine bucks today, 6%. Not as good as Hilton, but very much coming up the right side.

And Marriott, up 13 bucks today, 4.7%. And guess what? That's got a good looking pivot around that 300 level, closed at 295. So the hotels, you catch where I'm going here? we haven't even had to discuss these places with you. Just avoid. Just avoid. No, just avoid.

Well, we're not so sure that anymore based on the action today. A day after the market got trashed. The day after, on a gargantuan reversal to the downside, and the next day, the broad market, gives it the middle finger and goes right up today. Amazing two days. Best way I can explain it. It was an amazing two days in my world.

And then there's the transports are 500 today. By the way, the transports have done nothing since 21. And really it's just been back and forth for months now over here. But off the April lows, of course. But they were up 3% today. What have we been telling you? Avoid. Well, I'm going to have to look them over.

And I do know because of earnings, EXPD on the big gap up, very strong. Though earnings, there's no growth. And CHRW, big gap up and sitting tight for a few weeks. So there are two names in the transports that are strong, but you know, it's been weak. The truckers have been a horror show. show. They had a good day today. I already looked them over. They look like crap. But if the worst,

look what I'm saying a bunch of times here, if the worst is over for the areas that have been the weakest, it usually means the floor can be picked up. And we're saying this the day after a nauseating one of the worst reversal days to the downside I have ever seen. Hey, welcome to my world. Up next. Anything else? This is the one only investors' 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-drop 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 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 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. You're listening to... What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action!

In The Wester's Edge. With Gary Culpa. You know, when I get sick, I get sick, I get sick. I was so knocked out yesterday, and this morning I was all. a horror show but I feel so much better this afternoon. It's just like almost gone away. Boyce, it hit me. You never know. I took, what is it, day quill? I think it worked. Still little, but I think it worked. Feeling much, much better right now. This morning, I just wanted to put my head in the sand.

Dayquil. No more NyQuil, though. I told you about that the other day. Took it like a two in the morning and when I woke up I kind of didn't wake up. Anyway. So we'll go into next week with the big indices below the 50 day. But very impressed with today. The midcaps got slaughtered yesterday up 2.4 today. Percent. The Russell slaughtered yesterday. You think we're going to be leading down up 2.8%. That's the broad market. Which goes back to what I said at the beginning. In the past, you give me a day like yesterday. And I'm yelling and screaming, oh, this is the start of. And look out and look out below and hope.

And what did we say yesterday? I've no clue what Tamar does. Because for whatever reason, we know the big trends and stuff, but in the short term, we have seen so many things that are cockamamie in the markets, where you would guarantee to yourself and the opposite happens in the short run, in the short run.

And that was the story of the last two days. on top of some weakness coming into the last two days. It was weak beforehand. And let me repeat, the worst areas had a good day. The worst stocks on my left screen had a good day. If the worst areas of the market are done going down, it should provide some type of something, floor, if you will.

That said, we have always been trained when the crap rallies, it is troublesome. And when I use crap, I mean the weak stuff. You know what? I'm not even thinking about that. I'm just going to let the market decide as we go into next week and try and find good setups. As I mentioned, a couple of retail.

Setups in technology? Nah, not this second. not this second and wild swings L-I-T-E one of the leading names You want wild swings Yesterday morning 282 closed at 233

50 bucks On the strongest name in the market Bounces up 22 today Welcome to my world A crazy week the easy part of my week is what's gone. What do I mean? What's broken?

What broke the 50 day? What's deeper down? And I got a bunch. Today, V-E-E-V. Total break on earnings for whatever reason. Z-scale, Z-S, just broken. Crouch strike? I'm not willing to say it yet.

O Palo Alto Network's goner. Palantir finished down today in an up-195 NASDAQ. Huh. Was worse and reverse like the NASDAQ did. It's gone from 207 to 154 and change. And remember, I kind of equate Palantir to Costco. Remember what we warned you on Costco months ago, not knowing anything, that how is this stock going to go up when they're so big and growing around low teens and sales in single digits? How you can trade six, well, you get a premium because you're Costco.

And since then, it's gone from a thousand and seventy eight, ten months ago, 900 today, not the end of the world. but weak. So Palantir, we've been warning you. And by the way, we've been warning you on the way up admittedly. But we've been warning you about ultimate. And then when things turn sour, valuations matter, it's still got a $367 billion market cap with less than $4 billion in revenues. No longer does it have near a $500 billion market cap. Also have now, Not surprisingly, the crypto was down today. Off the lows, but was down today. Now, it trades on the weekend, needs to do better.

Very oversold, deeply oversold, ridiculously extended to the downside. Pretty sure as soon it's going to bounce, but in a bare market. if anything changes there, we'll let you know because amazingly, we get more questions on should I be buying Bitcoin something that has no revenues, no earnings, no product, no sales, no office and a guy running a leveraged

thingamabob and micro strategy, who by the way, his fantastic idea in life, yeah, you invest with me I'll buy some Bitcoin and leverage it. Anyway, that's the story there. We get more questions on that than Walmart. Welcome to the world. Anyway, have a great weekend.

Drive carefully. If you're traveling, take your time, stay safe. They're there to get you there safe. Don't argue with anybody at the airports. When you get home, though, also make sure you hug them children. Have a great one, everybody. We'll be back on Monday. Peace out. 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 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 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.