Investor's Edge with Gary Kaltbaum - Even narrower [07.01.2024]

Episode Date: July 1, 2024

https://garykaltbaum.com/

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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. It is July 1st. It's 2004. Hope you had a good weekend. Hope you have excellent plans for the the July 4th holiday. If you're traveling, take your time, drive safely. If you're shooting off fireworks,

watch your hands, especially your kids and all that fun stuff. We will have best of Gary on Wednesday and Thursday. Wednesday is a half day of the market. Thursday, we are off. Yay, and who knows what will happen while we're gone. Anyway, in case you don't know, this is serious talk about everything that affects you. we used to do nothing but markets markets markets markets and then years ago we noticed the interlopers that all of a sudden they decided to debt and deficits deficits and debt debt and deficits and deficits and debt and more and more and then the printing of money and then the interference and the rules and the regulations and the fees and the fines and the mandates and you better do this or else and you better do that or else so we have to cover everything why do we have to cover everything

because it all matters. When all is said and done, we're at $35 trillion of debt. I watch the Sunday shows this weekend, not a word about it. A trillion dollars of our tax dollars go towards interest every year, not a word about it. Nothing. The CBO, the Congressional Budget Office said in 10 years we're going to be at 56 trillion of debt. Not a word about it. And when the CBO says 56 trillion of debt, that means about 65 to 70 trillion of debt.

And this does not count if interest rates. go higher, which, by the way, they're doing right now near term, or if we have a recession, where revenues to the more locks in D.C. go down, meaning deficits go up and all that. So we talk about it all. And especially in election year, we've got to get through the noise, and we're getting a ton of it. Today on the show, we're going to talk a little bit about that. There's a couple of things that happened in D.C. in the last couple of days we have not talked about. I got to bring it up, and it actually does matter. We're going to take on both today in certain ways because it matters.

Remember, it is we the people. It's not we the government. And I don't care which party it's from. They have turned it into we the government and it's got to stop. And that's that. 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 Twitter feed, which is now X. And if you don't follow us on X, you should.

And if you'd like to email me, all you got to do is be nice. You can disagree. That's fine. I can disagree with you. That's fine. let's do it respectfully unless you're a racist unless you love Hamas unless you're a criminal all that fun stuff anyway so in case you don't know a couple of things happen in the last couple of days that i think are noteworthy and i want to explain it to you because if you listen to the minions out there they're all

going to BS you because it's all about you know my side your side my side your side so in case you don't know the justice department asked for opinion from the Supreme Court on immunity for a president. And the reason they asked is they want to kick Donald Trump's arse. They're out to get him. Shouldn't be, that should be the easy thought process these days. As you know, I am no fan, but what they did in New York to him is laughable. And they got guilty pleas, 34 guilty pleas, and then turn him this is big felon. And I can promise you if it was a Democrat, there would not be even a case. They wouldn't even done an investigation, but they got it done. God bless him for getting it done. And of course, there are other cases involved right now.

Anyway, they asked the Justice Department about immunity. Well, the Supreme Court came out on party lines. You cannot prosecute criminally that a president has an immunity for official acts. but for a personal act, you can find them on something. But it's also up to the Justice Department to prove it's a personal act and not official act. The Supreme Court doesn't want any part of it. So what this does is help Donald Trump at this point in time. And of course, the Republicans are all very happy right now. The Democrats are all pissed off because, oh, I don't think anything's going to happen to Donald Trump

before the election. So the Dems are pissed off, but I just want to make sure you know that, as I've always said, what goes around, comes around. You remember Harry Reid with the nuclear thing of Bob? You know why we ended up with the conservative Supreme Court? Because of Harry Reid, go look it up. It enabled McConnell to blow off

what's his face to go on the Supreme Court when Obama was president and boom, it's 6-3. But here's the story. They're complaining about party lines the Democrats. Now, I got news via. Then why was it party lines the other way?

And the fact that the matter is, a president should have immunity on a professional basis. This is all about Donald Trump. And what's got to be careful about Republicans, if it's a Democrat that's looking for immunity, don't be pissed off.

if they get immunity and vice versa. So anyway, that is a big story because I got newsfea. Nothing going down on Trump into the election. Nothing's going to get done. And you may love that, you may hate that, whatever. Next, did you hear about this Chevron case? Well, in case you don't know, the Supreme Court three days ago, also struck down a, how do I put this?

They cut back sharply the power of federal agencies to interpret laws that they administer. And they ruled that court should rely on their own interpretation of what they're saying is ambiguous laws. Why is this good news? Because federal agencies are chiefed by a by a by. bunch of unelected bureaucrats. And how have they been able to dictate so much policy when they're not elected? So they came back and go read up, and it was on party lines. They overruled a decision of Chevron versus, I think it was called natural resources, something or other. And it was called the Chevron doctrine. And under that doctrine, if Congress has not directly addressed a question

of a dispute, a court was required to uphold an interpretation. The Supreme Court came in and said, the whole thing's misguided. Now, the Democrats on the Supreme Court came in and said that's ridiculous, but you know, it's great about this. It enables us to go more towards we the people. Think about this. Go look up, Google the words, how many government agencies, agencies are there in California. Go look up how many government agencies there are in D.C. And go look up how many people work in government. And you'd be amazed.

And you always get accused when you talk like this of being anti-government. I'm not anti-government. I'm anti-good government. And just like any business, if a business that is accountable to their bottom line and shareholders or whatever, And they have 100 employees, but they only need 90. What do you think they're going to do? Well, no employee, does anybody in government ever get fired?

And of course, they're paid much dollars compared to us regular people. And that's how you get the $35 trillion of debt. So what the Supreme Court's coming out and saying is, these agencies, they're not saying this, I'm saying it. Where did all they come from? And why do they have so much power? Shouldn't it be the elected officials with the power? So go look that up, the Chevron case, and you will see it's another of one side of the aisle believes in more government.

The other side believes in less government. It's as simple as that. And it really is that simple. Some people believe government's the answer to everything. It's not. It is the problem for everything. It really is. If you think about what Biden's doing with the giveaways to people on student loans,

the biggest problem with colleges is how much they charge. And when you guarantee them the money no matter what, they're going to charge no matter what. If you don't guarantee them, they've got to start thinking about competing. But now they don't. They're in lies. So Biden feeds the problem. So just letting you know. Those are two real interesting cases, and we'll see how it plays out.

There's more to it. As far as the election goes, there's all kinds of talk, whether Biden's going to go or not. And I must tell you, a couple of days ago, I thought he was guaranteed to be out. I'm not so sure anymore. I think maybe I'm going to be wrong. I think he's going to stay. And I'm reading about the rules. There are certain rules that you need to get passed in order to replace him.

I'm not so sure they can get past that. Now, here's what I don't understand. And by the way, we'll get right into the markets in a minute. And the title, the show is Less Than Meets the Eye, basically. So up next, we'll cover that. And the markets and much more. I'm Gary. This is the one to only Investor's Edge.

Hi, I'm Gary Kalbaum, hosted a nationally syndication. 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 complementary portfolio review. The number to call is 888-4-22-5-59. That's 8-8-5-59. That's 888-4-2-2-5-9. 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.

They're 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.

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Terms apply. Lounge access is subject to change. Becapital1.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.

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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. Okay. We're very good at simplifying things here.

You're the President of the United States of America. They call it the leader of the free world. You are one of the top three recognizable people in this world. world, in the world. Everything you say matters. How you say it matters. What you say about matters. Everything. And you also always have a chance. You always have a chance. You can screw up as bad as can be, but you always have a chance to fix it. I remember back with Clinton and the Monica Lewinsky thing of a bomb, he was gone for weeks. Quit, quit, quit, quit, quit.

And he didn't. And somehow got past it and ended up being popular even though he's a rapist sexual predator. By the way, I'd say that to his face. Who's that Virginia governor? Remember with the blackface? If you wear blackface, what we're blackface? Well, we find out it's selective. Because you have like Jimmy Kimmel, late night wore blackface.

Howard Stern, the radio guy wore blackface. They're excused. So the Virginia guy wore it, and everybody was calling from to get out. And he just sat. And he stayed the governor. And, you know, you make up for it, I guess. Well, you have the president. By the way, this is true.

It's all very selective out there. It depends who you are. Anyway, so for lack of a better word, the president had a debacle at this debate. And as usual and completely expected, the media is doing their usual BSing you. Remember, they're supposed to be the line of defense for you to hold the powerful to account. But what they are doing is they are as usual. They are being Biden's attorney. Yes, it was terrible.

Yes, it was terrible. Yes, it was terrible. Yes, he looked old. Oh, but Trump lied the whole time. Biden did not. Well, we have news for you. Biden lied the whole time also. Then also, his record,

they keep saying how great his record is. His record sucks. We have been telling you that. It's so easy to tell you. That said, so it was a debacle. and pretty much everybody's admitting it's a debacle, but you're the president. And what do you do when you have a debacle?

You should go out to the masses and stand up and speak up, shoulders back, head high, and talk about whatever you need to talk about. It's called the bully puly pulpit. bit. You're the man. And since that debacle, he did a teleprompter campaign, Fingham Bob, and that's it. And I'm thinking to myself, wait a minute, why not go on 60 minutes this weekend? Why not do the Sunday shows? Why not have a

presser, a one-hour press conference, where you to answer every little question or big question out there. And all he's doing is giving more ammo to he ain't with it. It's so simple. You're the president. Get out there. Remember how pissed off we were when he refused to get out there while these college idiots were jumping all over the place and threatening people's lives. And he's still not. So what it does, it feeds the point that he does and is what everybody is saying he is. And I got news for you. It may be just my sampling, but I have a lot of friends that are moderate, independent,

and move towards the left that voted for Biden. They ain't going near him now. They ain't gone near them. Now the diehards, he could spit blood at the debate. They'll vote for Biden. The guy's going to lose the election, if nothing changes.

But, and then there's Trump. I'm just going to say one thing about Trump today. And I've said to you, And I said on TV the other day, my hope, if he does everything about the taxes and regulations that we want, and he lays off crazy spending and it really gets things under control deficit debt-wise, we hope he gets what I would call presidentialness. Nope. He went on his little truth social last night. You know who Liz Cheney is. a good woman. Does not like Trump. How dare she? She's a good woman. Very conservative,

Reagan-esque type. Doesn't like Trump. This is what he says. Elizabeth Lin-Cheney is guilty of treason. Re-truth if you want, televised military tribunals. Are you kidding me? And that's when I say to you, it's like the Ebola virus versus the bubonic plague you know we've been ripping on Biden big time now he's horrible he's the worst but Trump we all know his issues and you'd think no let's have a military tribunal

because she's committing treason Liz Cheney's never done anything wrong except doesn't like Trump and if this who's he that's who he's going to be be good luck to all of you voting for him what we want

that somebody gets in there and is we the people and just does the job and stops the BS nope treason military tribunals I wish I would have run if I was on the debate stage

with both of them they would have both been prone face down and I mean that by the way seriously treason, military tribunals, because somebody doesn't like you? Coming from somebody running for president? That's my take. Anyway, we'll keep covering it.

You know where we stand, though? We can't have another four years of open borders and massive debt deficit spending and control freakism, and that's Biden. It's a binary choice. You get the hint. We'll hold our nose. Up next, the markets, and now we're, 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. 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. Okay.

Today, the NASDAQ. On the NASDAQ, 1,548 stocks were up. 2,540 stocks were down. The NASDAQ. New highs on the NASDAQ. that yearly, I got three. It's showing 57 when I look up on my screen. But of that 57, I found three. How can that be? Well, in there is the First Trust Indian Nifty 50. In there is the

Harrow Inc. Senior Notes. This is on the NASDAQ. There's three new yearly highs on the NASDAQ. There is 159 new yearly lows on the NASDAQ, yet it was up 146 points today after being down 75 early. And the NASDAQ 100 was up 129 after being down a bunch early. What the hell's going on? the same Microsoft almost up 10 Apple almost up 7

Amazon almost up 4 Tesla on the move now up 11 Nvidia which was down 4 finished up Meadow which was down 8 or 9 finished up

Broadcom up 35 bits been under pressure but bottom line and again and I have to repeat this narrow as can be. In the NASDAQ 100, Microsoft, Apple, Nvidia, Amazon, Broadcom, Meta, and Google, that is seven stocks, 45% of the NASDAQ 100, the other 93, are 55%.

And it gets worse by the day. we're just letting you know we're just letting you know A we're going to keep letting you know about the narrowness B we're going to tell you what to continue to avoid because of the narrowness

C we're going to tell you where the narrowness is D we're constantly letting you know that very often not a hundred percent of the time, narrowness eventually leads to look out. Because if what is not working worsens and continues to worsen and goes deeper into worsening, the eventuality always is they come and get. And I must tell you, late Friday, they were smacking the heck out of some of these

that Microsoft and Apple and Amazon, they came right back at them today. And let me repeat, advanced declines, I'll narrow it down 15 to 25 on the NASDAQ, yet it was up 1446. By the way, on the New York, advanced declines were 1426. And what remains weak? Housing. Housing related. economically sensitive stuff. Well, housing and housing related would be economically sensitive,

but I'm also talking about construction, building, industrial types, machinery like deer and caterpillar, tools, and the like. A ton of retail, very weak, some strong, but a ton Dick Sporting Goods gaps up on what I thought was weird

earnings and it's crumbling Home Depot and lows crumbling I can give you a big list of retail The transports Rails Truckers Airlines

Delta Airlines was acting strong That's rolled over Auto parts retail AutoZone was down $130 today or Riley Automotive down 40 restaurants now we've been telling you about how some restaurants are strong guess what's happening to the strong restaurants Chipotle that's broken below the 50 day not the end of the world

Domino's pizza broke the 50 day today a Texas Roadhouse broke below the fifth Not actually that reversed a little, I'll give it the credit. But just worsening in the restaurants. Oils. Interesting enough, oil prices are up a couple of bucks today, yet oil stocks were down. Commodities. I will state, coal stocks skyrocketed today. Something happened with somebody suspending production,

which typically sends coal prices going up, so the coal stocks were strong, not so sure that's going to last. I can tell you the cruise lines, which had been acting better, got hit today, but that may be there's a hurricane south of where I'm sitting right now. European markets weak. Asian markets weak. In the Dow, Boeing, weak. Up for today, they may settle some lawsuit because they got a bunch, but Caterpillar is weak.

is weak. Salesforce.com is week. Dow is week. Disney keeps breaking down. Home Depot is weak. IBM's week. Intel is week. Johnson and Johnson is weak. McDonald's is really weak. What did we tell you? Stock was going to be in trouble, lowering prices.

Everybody's lowering prices. I just saw Sonic is undercutting them now. What else is week? Nike just crashed. Procter and Gamble looks like at top. Travelers is weak. United Health. was up 15 in the last five minutes on Friday,

was down 15 today. That was weird. The small caps just can't get out of their own way. So I'm just letting you know it is narrow while the market today, Apple, Microsoft, Amazon, Tesla, reversed Facebook and Nvidia up. You had some other big caps decent. Dell was up five bucks today.

Broadcom up 35. and I think Broadcom is in the top 10 of the NASDAQ 100. Narrow as all heck, we will let you know. It's simplistic. If what's not working just keeps worsening, eventually they're going to get the narrow. That is an if. We are not telling you it's going to happen. And we own those narrow.

But we're just letting you know in real time. And by the way, interest rates are spiking up a little bit the last couple of days. And when I say spiking up, yes, spiking up. We're back to 4479 on the 10 year. We're up 1.36 today. That's a big move. We were down to 4.25 last week. That'll be something to watch.

Somebody asked me, do you think that's because of Trump? I can know. Because a better economy because no. We're months away, months away from that. What else strong? You had the stress test, Goldman Sachs up 11 today. That's a strong financial. JP Morgan, up nicely.

JP Morgan, did it finish at new highs? Almost strong. So some of that's in good shape. Not all. Certainly not the regionals, which are a little bit better. We're just letting you know. No, the big theme is narrow. Some software stocks in pretty good shape.

If CrowdStrike breaks above $3.95, that would be probably positive for it, if it sticks, of course. They just got added to an index. Narrow as all heck kids. Up next, what else do I got for you? I'll think about it. I'm Gary. This is the one only investors ad. 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 Capital1.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. You're listening to What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In The Bester's Edge. With Gary Kulp-Bah. again to Investors Edge, staying with the markets, but really the big thing here is narrow. And the good news is the semiconductors, which were down pretty big on the open, finished up just a few points today. If that sticks, that's good news. If they really come after the semis, we'll be talking. GameStop.

Roaring Kitty, the guy's name is Keith Gill. He was sued by GameStop investors who said they lost money through his punt. They're calling a pump and dump scheme. It's a class action suit accusing him of securities fraud was filed in Brooklyn on Friday. Investors led by a guy named Martin Radiv, who lives in Las Vegas, said Gil manipulated GameStop securities between May 13th and June 13th by quietly accumulating large quantities of stocks and stock and call options and then dumping some holdings after emerging from a three-year social media hiatus. They said his activities caused GameStop share price to gyrate wildly, generating millions of dollars in profit for him at their expense. Defendant still enjoys celebrity status and commands a following of millions to his social media. Accordingly, the Vendant was well aware of his ability to manipulate the market for GameStop security as well as the benefits he could reap.

We said to you, he was a frontrunner. He bought, then did. I don't know if that's illegal, though. We'll find out. Now, I'm also told that I didn't know that. I'm it's being written up that saying he's in my business that he's registered I didn't know this next another one remember we told you Friday this same guy put out a picture of a cartoon dog and the lemmings Thursday jumped all over chewy Had it at 39 bucks closed it at 29. Well, over the weekend it was disclosed.

This Keith Gill owned a bunch of Chewy. It opened today at 30. It closed at 2540 as they gave him the big middle finger. Now, I'm told he owns the GameStop at 23. It's 23. And Chewy, I don't know. But I'm letting you know again, and I'm measuring my words. This ain't no Robin Hood.

This is self-dealing. This is somebody knows, unfortunately, there's a lot of lemmings out there. But he's also forgetting when all is said and done my rule. And that is eventually price will go where it's supposed to go, regardless of him. This is not a good guy. We're not telling you what to do. We're not telling you to buy, sell, shorter cover. We're letting you know he's not a good guy.

He's not here for you. And if you watch that video of his live stream, he's also a doofus that somehow became very wealthy by using you and mean stocks. More power to him, I guess. We ask you to watch your arse because nobody's going to watch it for you. And we ask you to care a lot more about your money when all heck is breaking loose in the markets. And this jackass shows up. And again, everything I say, I would say to his.

face. I would tell him he's a dirt bag right to his face. Anyway, so Chewy, everybody was all excited today, opened it at 30, 2544. I have absolutely no clue where these stocks go from here, whether they can juice them up, send them down. What I do know is GameStop came under $10 and the companies worsened and put more shares out there. Chewy, I have absolutely no feel for. They do business. They have business. They do a lot of business and actually the numbers don't look so bad. I do know they did some kind of reorganization that juiced the stock about seven, eight weeks ago. I don't know much more than that. I'm not sure if I've ever used chewy or not. I don't think I have. I may have once, I'm not sure. Anyway, they deliver pet crap. Back on point. Every bare market we have ever had

started with narrowness. Not every narrow market turned into a bare market. You got that? It got even more narrow today while that money came out of the broad and into more the narrow. And I'm not saying they ain't worth it because they do things right,

these big companies. I did a scan today at 1 o'clock and I can tell you the amount of stocks versus bad versus good crypto just letting you know gaped up today and held right where it needed to or it would have gone into an even bigger correction just letting you know nothing to do it's now in a range going back to late february that's all i can tell you and i think it may just stay there But you can draw a line underneath and it went right back to that line at the close Friday and gapped it up today. That's the crypto. That's the Bitcoin letting you know. Gold, silver, nondescript.

Rangebound. Can't say anything bad, but rangebound right now. Nothing to do. and as always if anything we talk about range bound breaks out to the upside or breaks down to the downside we'll be yapping away but narrow as all heck and that is not going to stand for too much longer we'll let you know you have a good evening 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. Peace out. Serenity now. And again, if you're traveling, be patient.

And if you don't have TSA pre, don't complain about the lines at the airports. Get yourself TSA pre or clear or whatever else they got. Have a great one, everybody. Good night. This has been Investor's Edge with Gary Coltbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to Gary K.com. That's Gary. K.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.

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