Investor's Edge with Gary Kaltbaum - Big, Fat, Juicy Higher Low

Episode Date: July 27, 2022

Follow Gary on GaryK.com or http://garykaltbaum.comGary Kaltbaum is a registered investment advisor with more than 30 years of experience in the markets. He is owner and president of Kaltbaum Capital Management, a financial investment advisory firm headquartered in Orlando, Florida. He is a Fox News Channel Business Contributor regularly appearing on Fox News Channel and the Fox Business Network. Gary is the author of the book “The Investors Edge” and is also the host of a nationally syndicated radio show with the same title “Investors Edge” which is broadcast on numerous stations across the U.S. The show is also available on demand and airs live 6-7 pm EST Monday-Friday.

At CVS, it matters that we're not just in your community, but that we're part of it. It matters that we're here for you when you need us, day or night, and we want everyone to feel welcomed and rewarded. It matters that CVS is here to fill your prescriptions and here to fill your craving for a tasty and, yeah, healthy snack. At CBS, we're proud to serve your community because we believe where you get your medicine matters. So visit us at CVS.com or just come by your food. store. We can't wait to meet you. Store hours vary by location. Investors Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Coltbaum. And welcome once again to Investors Edge. I'm Gary

Coltbaum, your host. A thanks of being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is July 27th, 2022. And ladies and gentlemen, we've got lots to discuss today, lots to talk about today, lots to cover today of quite the import today. We hope you are listening. And I must tell you, normally we do not script this radio show, ever. We know what we want to talk about, and then we just go at it. Today, I actually wrote down some notes for the one of the few times during the doings of this show because we think it's of import. So let me start by saying, we absolutely know what we say to you. We absolutely cover what we say to you.

we absolutely remember what we say to you on a daily basis. We listen back to the radio show, and what we always want to do and try to do is make sure what we tell you is conveyed to you in the way we wanted to convey it. And it has not been very often where we've had to come up, come on the show the next day, and backtrack.

Every now and then we'll come on and say, well, we said what we wanted to say and just add a little bit of this, that, and the other thing. But overall, we kind of know what we say. So let me start out by saying to you, and I wrote this down. The first thing I wanted to tell you is we are quite aware. We are quite aware.

of what we say to you about our politicians, the leadership, our central rank. By the way, we're going to make an important point here. We are quite aware that we cut them no slack. We are quite aware on why. It's not hard to figure out they've spent 30 trillion dollars more than they were supposed to remember we are very good at simplifying things all you got to do is simplify they have spent 30 trillion dollars they were not supposed to spend now most people do not know that what do you mean the deficit spend all the time it was never supposed to be that way and they started small got bigger, recognized they would get away with it, got bigger, and they just started raising the bar,

and then they created the scam and the lie, that if we don't raise the debt ceiling, we're going to be in big trouble. Well, what they did was they created something that they had no choice. And they try to tell us more debt is okay. But we all know better. we also know what we've said to you about our central bank. We've ripped them to shreds. Why? Because somehow he's Teflon.

Why? Because the politicians won't go after him. They'd rather go after other politicians. We've given him no quarter. We have blamed him for the massive wealth inequality in this country. How do you do that? Well, you bubble up asset prices for the wealth. and you screw all the savers with 0% interest rates.

It's a simple equation. That's not too hard to figure out, is it? I know. He also distorted all price and yield. How do he do that? He printed trillions of dollars and bought up the whole freaking market, taking rates down to nothing, to where junk bonds that should be yielding 8% were yielding 4. and we've always told you that eventually those distortions will get ironed out and it's not going to be in a good way.

Well, guess what's happened? The distortions, you've seen it now. They're working themselves out. You know how? A ton of money being lost, unfortunately. Bond market, a ton of money being lost. You know about all the bubbles? Well, I'll get to the bubbles in a second.

But in the bond market, people are getting crushed. The bond funds that are perpetual. And what does perpetual mean? They just keep in, when something comes to do more and more bonds. It's not like you would buy a bond that matures. You're getting your money out of it, and that's the end of that. So they did that with the wealth inequality, distorted all price and yield. But there's more.

What about the markets and the bubbles? we told you about the bubbles. We predicted the bubbles. And guess what? All the bubbles popped. And people have lost tons of money. And unfortunately, they're being made fun of by a bunch of ass clowns out there. You should never make fun of anybody losing money.

I don't care how they did it. those people are going to have to deal with themselves and what they did. I told you about the guy who lost 400 grand in one of those stable coins overnight. And there's a lot more stories like that, which we haven't heard about. So we've ripped Jay Powell to shreds. We ripped Donald Trump to shreds. We liked some things. he did. We hated it. Depending on which abacus you use, six to seven trillion bucks of more debt,

tariffs, which are no good and he lied about it. We ripped him. We ripped Joe Biden. Why? Oh, he marketed himself for 50 years as a moderate and he's left of Bernie Sanders. And I mean that. He's left to Bernie Sanders. And I would tell them that. You have Elizabeth Waring say she's a capitalist. No, these people are Marxists. But I digress. Why am I saying this to you? Because I want to make sure as much as we whine and complain about these people in conjunction with a very bad market over the last year and change. It started February of 21. with the bubbles popping. They finally got the broad market in November.

They started going after the growth stocks. I'm going to say about April of 21, and they crushed the growth stocks. We have highlighted for you how many. Stocks have been destroyed. 50, 60, 70, 80 percent. We want to make sure that if the markets go bullish, if the markets decide to soar, S-O-A-R,

you get that all out of your mind. You get it all out of your mind. Because we have certain rules we always tell you and try to make sure you understand. And one of them is it's not the news. It's how markets react to the news. Simple is that. We may whine and complain.

and I'm sure we'll continue. But if the market starts doing the right thing, we follow a specific roadmap. And we don't deviate. We drown out the noise when all is said and done. You may think that's tough to do. It's not really tough to do. Because every night when I scan,

1,500 to 2,000 names, 200 sectors, every country, every commodity. I forget about everything except what my eyes see. So I wanted to start with that because all I know is, all we've been doing is complaining about you, about them. And we've also told you about the economy. We're worried about the economy. We predicted the inflation before anybody else.

We predicted recession. But we've been telling you the recession, if we're in one, it's not bad until the job market gets bad, real bad. Statistics are statistics, jobs are jobs. That's real world stuff. So we wanted to start the show that way first. Up next. The markets.

This is the one the only investors 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 888-4-2-5-59. That's 8-8-5-5-9. That's 888-4-5-9. Investment Advisory Services offered through call-bomb capital management. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches.

like I get a stomach egg every time that I eat and it just becomes like a lifestyle where oh yeah you know I just I have a stomachache every day or I'm constantly feeling like gassy and all of those things are not something that generally if you have a healthy gut you should be living with so that's when we deep dive

we deep dive into your medication we deep dive into your OTC medication and then at that point we can probably identify something that we can change hear the full conversation plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts.

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The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. Okay. So we just set the stage for you. We're not apologizing for anything. thing we say we got to report what we think because nobody else is or hardly and as you know we have no bias we can't stand any of them uh they've earned our ire ir e and uh we'll keep at it but then there's

the market and as we tell you our show is about first and foremost always has been always was changed up a little bit when they started interfering, but it's about the markets. And we take pride on guiding you through the markets. We take pride on the thought process that we say to you, and that is, in bare markets, you will get absolutely no help from Wall Street. And as you know, in the bare market we've been in,

Guess what? We've got absolutely no help from Wall Street. You have stocks down 80, 90 percent, and then Wall Street analysts are downgrading them. By the way, we're not making this up, and we take no joy in that. Wall Street foisted upon you ridiculously priced IPOs. At the worst opportune time, SPACs, which we called an absolute criminal money grab. Not all, but a lot. The list goes on and on. Midtime. But we want to make sure, like we do, regardless of all that, and it's going to continue.

And we may be in recession right now. I guess we'll know tomorrow statistically. Even though the administration is lying to us now, there I go again, they actually have the grapefruits to look in the camera and say, oh, two quarters of down GDP was never what a recession was. That's a blatant falsehood. And that's why I say to you, they're turning Trump into a truth teller. That's how bad these people are. They got nothing on him.

They're horrible. You know how I used to say to you? I have to verify everything Trump said. I have to doubly verify everything Biden and his administration says. So we remain worried. And then there's the markets. So I'm going to say something to you right now. Excuse me.

I haven't said since last November off of today's action. Seriously. Since last November, we've had rallies in this market but I've never been able to say to you there is a great opportunity right here right now for the first real

sticky higher low in the market and what do we mean by that well we talk to you about the stair steps bare market stair steps down bull market stair steps up in order to revert from a bull market to a bare market, the stair steps up. We've got to start doing the stair steps down. In order for a bear market to turn potentially bull market,

you've got to turn the stair steps down and the stair steps up. And we're just letting you know in spite of how weak most things are, in spite of hardly any leadership, because most everything's coming off the lows. Today's action, off of our central bank words, not moves, because they were expected, but words, got the juices flowing, finish things well. And what I'm going to state for the record is two things. First and foremost, the major indices now, it's not many days. Seven or eight days. But it's an important seven or eight days have shown the ability to hold that all important gigantic 50-day moving average. And if you don't know what that is, that is just price reverting to better.

The 50-day moving average is just something that works. Trading below it bad, trading above it good. I take that back. trading below it potentially bad, trading above it potentially good. And for the most part, tons of stocks, sectors, countries have been trading below it since last November. A couple of times we've rallied above it, but not once did I say the words. This one has a real chance to stick and build off of. Why do I say that?

because it's not the news, it's how markets react to the news. I could care less about Jay Powell. We knew he was going to raise interest rates on the short end, the short end, three quarters of a point. He did. It's what he said that move markets today. And guess what? I don't even know what he said that moved the markets. I'm here in Barcelona.

I read what he said, but I actually really don't know which part. did the trick. I can guess, started already talking about well, about no longer raising rates and the like. We're sick to our stomach

that the market still react to this man. But using the cliche, it is what it is. And it was a very good day today. In spite, in spite of Google having its worst quarter, I think ever. Google was up $7. It's a huge $7. Why? Because Google just did a nice little split of 20 to 1. Microsoft was up 15 bucks today. Make that, excuse me, 17 today. On its worst quarter in years. How can that be? It's not the news. It's how markets react to the news.

Microsoft for the first time in eons broke back above the 50-day moving average on crappy numbers. Interesting, huh? How I can report that to you. So there's two things to note here. And I was really thinking to myself, how do I want to explain it to you? Up next, we got it. This is the one that only Investors Edge. Hi, I'm Dr. Jay Goodman, host of Beyond.

on the script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat and it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomach kick every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication.

We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Here the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. Listen now wherever you get your podcasts. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never see.

Stop. You bring the fire, APU will fuel the journey. Learn more at APU. APUS.edu. Cash flow crunch. OnDek'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. On Deck does not lend in North Dakota. All loans and amount subject to lender approval.

We'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. Okay. And look once again to Investors Edge. By the way, I just want to let you know Let's see. In Barcelona, it's 10.20 p.m. We got here this morning, had no sleep last night on the airplane. Even though I'm in one of those sleeper seats, which, by the way, I recommend highly.

I don't know how anybody can travel eight, nine hours on a plane and sit straight up. But I had no sleep. I watched a lot of The Office and Big Bang Theory. So I've had no sleep. I'm pretty much comatose. I did get a little bit of a nap. The market does not open here until 3.30 p.m. So when we got here, I kind of, we got like a little rooftop pull.

So I'm what. But once I'm done with the radio show, I got to go do a webcast. Yay. Hey, man's work is never done. I'll be waking up at 7 a.m. tomorrow. which is 1 a.m. Florida time. I don't know how I'm going to be able to adjust it, but we'll try and figure that out. So the first thing I want to say, listen carefully.

This is about the indices, the major indices. That's all. We're in recovery mode this second. It can change tomorrow. Of course it can. And very often when you have a strong Fed day, Central Bank Day, the next day usually pulls back some and maybe that happens tomorrow, don't know. We'll see.

As long as price stays above the 50-day moving average. Notice it's now above and got retested yesterday. As long as price stays above, good. a break below bad simple as that and for this second we'll give the benefit

to the good side when have we said this since last November not sure I have and of course tomorrow we have Apple and Amazon after the close Facebook just reported was originally down another eight bucks I'm never going to call a meta and is now only down a buck and

change in the aftermarket we'll see how that goes that's how we're treating it as long as price for the major we're just talking the major indices the Dow the 50-day moving average I'll even give you the number is it 31 587 as long as price stays Above that, good. Below, bad. And to be clear, you're only about 2% above it. But real good action yesterday and today. Well, not yesterday, today. To hold it, the NASDAQ, which was acting terrible into yesterday,

but of course some big names, we'll get into it in a minute, did the trick today. 50-day moving average, 11-5-13. We close at 12. We'll call that 4.5%. The S&P finished today at 4,023. 50-day moving average, 3951. About 2%. So the NASDAQ's a little bit farther away and that's normal.

Notice we didn't say it's going to stick or not. We're just letting you know yesterday went a decent ways to get at the stick. Because when we talk to you about movement, it's how things retest important areas that really define things. So chalk one up today for the good side. And it was just a very strong day. Market wrap brought to you by Investment-Models.com. That's Jim Rohraback, one of the great. market timers. No gray areas with the man you're either in or out of the market.

It was proprietary indicators. Go check it out. Investment dash models.com. Doubt 436. And it was laboring all day until Jay Powell spoke. In fact, right, when he started speaking, the doubt was only up 60 while the NASDAQ was up 280. That's how strong the NASDAQ was today with some of the big names. And then he spoke in whatever he said. It was up 580 at one time. S&P up 102. two, NASDAQ up 469, was up like 520 at one time. NASDAQ 100 up 514, the socks up 132, that's semis, transports to 332. They were laboring early.

And here you go. Microsoft up 17 on what I consider to be terrible numbers. Oh, but they said something better going forward. Google didn't think their numbers were good. We're up seven, which is kind of like up 140 pre-split. And that helped. Chipotle, whatever they're selling, up $193 today. Seriously.

To 1508, their comps better than expected. Keep in mind it was almost 2000 September last year, closed at $1,500 today. And just other good reactions. ADP, a name we follow. That's the job market. Up 16 today. coming up the right side on heavy volume. And there are others.

And then there's some oomph. N-phase, E-N-P-H, when you have a chance, go look at that stock. We don't know what Tamar brings, but that is one bad move, which means a good move on big volume. One of the solar names. And of course, in sympathy, here's another symbol, S-E-D-G, not as strong. And as the market lifted off of whatever J-PAL said, it brought most everything with it. A few days ago we mentioned we thought oils were turning.

Guess what? OIH up about 4% today. The XLE up 2%, the XOP, about 3 in change. Oil prices up strong today. Wait a minute. Oil prices up strong today and the market went up? Yeah. Change of complexion in the oils this second.

We'll see how long it lands. don't know. And just overall good stuff at the close. Best way I can put it. So to make sure you don't put words in my mouth, because I wrote this down, as long as the 50-day moving average holds, good, a break below bad. And typically we'll know before it's about the break below because we'll see individual stocks getting cheesed. Also want to make another statement, we've had a bunch big days in the market over the last year, five, six, seven hundred point days. We have a thousand point reversal. Not once did we budge. Today's good day felt better. Because real good opportunity for another stair step higher. And we like also that bad news is being

bought up. Now, whether that continues and I don't know, and we get the opportunity to do this show with you every day. I get to wake up every day and manage money for family as well as others, and we gather there will be a lot of moving targets. But good day today, great day today, and we'll give it as due. We're not going to tell you what to do. We're just letting you know real good opportunity to 50-day moving average to hold, got retested yesterday on some ugly action, and then some biggies lifted things up today. Let's hope this continues.

Up next on the edge, this, that, the other thing, and whatever else. I'm Gary. This is the one only investor's edge. Hi, I'm Dr. Jay Goodman, host of Beyond the Script, the podcast where I sit down with pharmacist to answer the health, questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat and it just becomes like

a lifestyle where, oh yeah, you know, I just, I have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now, wherever you get your podcasts. Success starts with your drive, and American Public University is here to fuel it. With

affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU. APU.org.coms.edu.edu. OnDec'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 and amount subject to lender approval. You're listening to What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Investors' Edge.

With Gary Culpa. Here's another statement I wrote down. Nothing changed in the economy today to make the markets do this. I want to make sure you know that. Too often people talk about the economy and the markets. And yet, Matt, Nothing changed today. What's been the driving force of markets has been liquidity from maniacal central banks around the globe?

Full sentence stop. The markets have been in trouble because they were forced to do the opposite. Because these people created all this bad inflation. whatever J. Powell said today, the market believed that he's going to be backtracking what he's been doing. Simple as that. Notice those words. Whatever the market believed today. So it wasn't like a bunch of jobs were created today. It wasn't like the economy soared today. The market went up today. Off of potential, whatever it believes on the liquidity front, that does not change our long-term worries. It's simplistic.

30 trillion of debt, massive deficits, nobody in D.C. to unwind them. The party, the Republican Party, which used to care about this also, does not. They just signed on to a 280 billion. dollar giveaway to the chip companies, we're not talking potato chips, and these are companies that make tons of money as it is, why don't they give away money to Gary Kaltbaum incorporated? So I want to make sure you know that also. What else did I write down? I think we're going to get more bad news.

I don't know what they're going to come out with the GDP number tomorrow, but the estimates are for being a down quarter, which means the republicans are going to be yelling and screaming. the Biden recession as we head into the election. But remember what we've told you. It is the Biden recession, but it can't be bad unless jobs really go by the wayside. And so far, they're sticking. And let's hope it stays that way because I got news for you.

You ever meet a person who lost their job? Not fun. Not fun at all. We keep hearing that. What's going to fuel the market higher? There's all the money on the sidelines. Please don't believe any of that. There's always a ton of money on the sidelines.

Just the way it is. Doesn't mean it's coming into the market. And what you need to know is mutual funds, most of them buy their charter, have to be invested 97%, 95%. There's not a ton of cash there. To fuel more. Be careful about that. As I've been saying to, there's just been a ton of money.

misinformation in this bear market. Well, there's a ton of misinformation in bull markets too. In the aftermarket today, just a couple. Ford, in the brutal bear market. It's gone from 26, it closed at 13 today and that's up from 10. Whatever they reported, the stocks at 14, from 13, 19. Little 5% move. We'll take it. Qualcomm down about 6, 7 bucks.

That's somewhat of an important. name, Facebook, which the stock has been absolutely destroyed. It's now meta. I got it down three bucks in the aftermarket after being up eight, excuse me, it was up 11 today, 10.5. It's only up eight now. So it's down two and a half in the aftermarket. It was down eight originally. So a bunch of jello moving on plate lamb research, an important semiconductor that we follow. Currently at 475. It's up about seven bucks in the aftermarket, not a big move. Etsy, you want a destroyed stock? This one's only gone from 307 back in November of last year. Closed at 95 today. And by the way, that's off the lows of 67 bucks. I got Etsy up 14

bucks in the after the market to 109. So that's a little bit of a move. I think that's it of importance. After the close tomorrow, that'll be Apple and Amazon. And they are major influence, major influence on the indices. One would think since the bad numbers have been bought up, maybe they'll be bought up too, even if they're bad. Why do I think that's the case?

We'll see. But let's just repeat again a couple of things we said to you. As long as the 50-day moving average holds for the major indices good if they break below bad. Simple as that. And as we said, we'll pretty much know beforehand if they decide to break below. Good day today. The retest yesterday and it was an ugly retest holds on the back of Microsoft and Google because they're massive in market cap and getting the other juices flowing.

Tesla was down 30 yesterday, up 47 today. And that one looks like it may be making a higher low. So not just talking indices, Tesla, an important name in the market, may be making a higher low. So that's that. Once I'm done with the show, hidden for the webcast, then I'm heading to sleep. We will be back here tomorrow. We're going to keep doing the shows while we're gone because it looks like the market demands it. You have a great evening drive carefully.

When you get home, do like we do. Very simple. Make sure you hug your family. Make sure you hug your children. Exercise, alcohol is overrated. Marijuana sucks. No, seriously. They should call New York City Marijuana Land now because it smells like on any corner. Until tomorrow, same time, be well, stay well. I'll be on. morning and company at 9.30 a.m. Florida time from here. Take care, everybody. Have a good night. Bye-bye. This has been Investors Edge with Gary Cultbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200

flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.apus.edu. 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.

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