Investor's Edge with Gary Kaltbaum - The harrowing week in review [09.06.2024]

Episode Date: September 6, 2024

https://garykaltbaum.com/

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 store. We can't wait to meet you. Store hours vary by location. 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 hear, ladies and gentlemen, happy that you are listening. It is Friday, September 6th, I think it is, right? 2000. I still can't believe I say it's 2024 and ladies and gentlemen serious talk on everything that affects you we're going to start off with the markets we'll do jobs

the fake jobs numbers the election your job your industry the economy and everything else swirling around us as we go into this weekend on the week, the NASDAQ was down 436 points.

Excuse me, my bad. That's today. On the week was down 1,022 points. I can't believe I just said that. And the week was only four days. The drop was 5.77% this week. On the week, the NASDAQ 100 was down 1153 points. 5.89%.

The S&P 500, if I have it right, was down 4.5%, down 239 points on the week. The Dow was down, let me get the number right, 2.87%, about 1,200 points. Now remember, just in four days. on the week the Russell 2000 down 5.5% 120 points. On the week, the transports were down, I want to make sure I get the number right. 3.8%, 610 points. So I want to watch my words. I want to be careful with my words. to first off I'm a Fox News Channel business contribute I've been there for many

years it is an honor and a privilege to be able to do that that they would put so much trust in me on a daily basis and I pretty much appear every day but we do it in snippets

three to five minute hits sometimes twice an hour when I am in studio let's say Varney and company I'm on for the whole hour and we go through a litany of things. But we really don't get to dive deep like we can here on the radio show as I am on 40 minutes an hour minus the ads that are run. And there are certain things, if I explain to the markets up, the markets down, that's

easy pickings. But there's some things that I explain to everybody that I'm not sure. It gets out there, gets the people. We have absolutely, and I'm measuring my words, absolutely nailed the Fed and their impotence and their ignorance, and they're believing they are omnipotent. and it's unfortunate. You see, the Fed is just people.

They're called the central bank. And you can go look up what their job is. They keep saying their mandate is for stability and jobs and all that. The problem that we have and have had, especially with this one, and it goes really back to Bernanke with his money printing. But the problem we have with them, and I'm measuring my words as best as I can, I really am. They don't know what the hell they're doing. They think they're in control.

They have absolutely no control. They think they engineer the economy, and they don't engineer squat. and at the most important junctions, they have completely screwed up. On top of that, they have enabled Marxists like Joe Biden, heavy spenders like Donald Trump, spend us into oblivion and massive debt and deficits. And I'm believing currently, we have mentioned this recently. We're repeating. And we're going to say more emphatically because we didn't know when, but we had an idea that eventually the markets were going to shoot a certain finger back at Jay Powell, the head of the central bank.

And of course, the people this country end up being the victims. let me continue to measure my words the central bank was never ever ever given the permission to print money but they did and nobody said a freaking thing and why wouldn't the heads of our country say a freaking thing because they were able to push markets up with their money printing they were looked at is saving the day. Ben Bernanke was called a hero in fixing the huge problem he created. Interesting, huh? But I have to fast forward to this guy because he is the most extreme we've had on being, and I'm measuring my words. An absolute doofus is the number one most important.

important money man on this freaking planet. And he's still running the show. And as I have said to you, I've said to you time and time again, even while markets were going up, in recent months we were saying, there will be a day of reckoning. There has to be. The numbers yell and scream it on a daily basis. So we had a bad week. and today the Dow is down 410, the S&P 95, the NASDAQ 436, the NASDAQ 10509,

where are the technology analysts? We're just in the first inning of AI. Everything's great while they crash the AI stocks now. While an analyst, and we're not going to say the name or even the company, an analyst on Super Micro, one of the AI Glamour stocks that has gone from, and we're not making these numbers up, kids, six weeks ago, $963 down to $386. The high in March was 1229. An analyst came out today and lowered his price target from $950 down to $500 and lowered their rating on the stock.

after it's dropped 62% in the last six seven weeks. But back to Jay Powell because there is the problem. There is the big problem because he is screwed up big time again. Okay. By the way, the transports were down 190. the semiconductors down 214 today. We have told you the semiconductors are in a bearish phase of unknown price and time. And we've also told you in the past that they lead markets up and down.

The semiconductors. Back to Powell. If you recall, we had something called COVID. And at the time, Powell went insane. And due to the fact, everybody was so scared crapless, they let him go insane. He took rates immediately down to 0% when we were shutting down. And then he started printing trillions of dollars, trillions of dollars, and just manipulated and rigged our bond market,

bought up all the bonds. Up next. What's next? I got it all. 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 888-4-22-559. That's 8-8-5-59. That's 888-4-2-2-8-4-2-2. 5-5-59.

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 stomachache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just 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 IHeartRadio. Listen now wherever you get your podcasts. With the Venmo debit card, a taco in one hand, and ordering a ride in the other means you're stacking your rewards. Nice. Get up to 5% cash back with Venmo stash on your favorite brands when you pay with your Venmo debit card. From takeout to ride shares, entertainment and more. Pick a bundle with your go-tos and start earning cash back at those brands.

Do more stash, get more cash. Venmo stash bundle terms and exclusions apply. See terms at Venmo.combe. Max $100 cash back per month. Cash flow crunch. On-Dak'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 On Deck or Celtic Bank. On Deck does not lend in North Dakota, all loans an amount subject to lender approval. 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. Okay. I'm going to measure my words and try to explain it best. So you're the most important man on earth in the financial system. And you're getting everything wrong.

What happens when the market recognizes that and sees it and feels it? We've told you time and time again, we think the market has. a big set of ears, dumbo ears, and a big mouth. Like Ralph Cramden of the Honeymooners, I've got a big mouth. And as I've also told you, that's what we listen to. The big mouth of the market. In simple terms, he printed to $9 trillion and never had to. He took rates to zero and never had to.

He thought he was a hero. But the only reason why we all came back is COVID went away. We opened back up. And we're back to working. Had nothing to do with him. Now, he's being credit who he kept the system flowing, but we were shut down. Anyhow, that printing to $9 trillion created inflation. And it's a simple definition of inflation, too much money chasing too few goods.

It was chasing no goods. So there was an eventuality of inflation. Now, the politicians don't want to blame him because he's not elected. Why do we go after him? We've got to go after the other guy. So Biden gets blame 100%, but Biden does get blame the mass of ridiculous spending. Combined with the $9 trillion of printing. So inflation came.

And we're the first major doofusiness. came was he, this other moron, Janet Yellen. And by the way, we don't like using these terms, but they're running the frickin' country and they are morons. They're debt-laden, kicking us in the you-know-what's, morons. So they told us there wasn't any inflation as it was skyrocketing. from Biden to Harris to Yellen to Powell and the rest of the idiots at the Fed. But here's the key. And I want you to listen carefully and I keep telling everybody on TV and it just the issue with the TV is there's so many people given opinions. I think a lot gets lost in the shuffle.

But as I've told you, here is what happened. As Jay Powell stayed at 0% and stopped printing money once we opened up, he couldn't keep printing. The free market, the bond market, yield started skyrocketing. As yield started skyrocketing, he sat and did nothing. His job at that point, by the way, the real. real free market yields. His job at that point is to recognize we're opening up, business is coming back, the free flow of goods and all that, and this job at that point, we were on here in real time telling you, start raising rates a little bit. Go a quarter, go a half, go through, whatever. And he sat.

and rates kept going up and finally as inflation kicked into gear they started saying it was transitory don't worry but it wasn't finally he was forced to raise rates but he was so far behind

bare market and stocks inflation out of hand the moron in the White House running deficits up the wazoo two trillion bucks lies about the inflation reduction Act. He was on video yesterday or today saying we should have called it the Green Energy Act. What a schmuck. So over time, Jay Powell kept raising rates because he was forced to.

Not because he wanted to, he was forced to. And all of a sudden he became the inflation fighter. And he kept raising and raising to the point where he got to 5.5% and a quarter percent from zero. on the low end, 5.5% on the high end, and these are the federal funds rates. And what they are is what banks lend and deposit with each other at those rates. But they also have an easing effect or a tightening effect with the economy. What has happened this year?

We've been walking you through it as well as his. we're measuring our words again, doofusness. He didn't listen to the real free market while interest rates skyrocketed because he thinks he's a genius and can do no wrong and now it's happening

the other way. What do I mean? Yields went from 5% last October. Remember what we said. The free market of yields down to 3-8, but back up to 4-7 in April, back and forth. The bond market was trying to figure itself out. The economy, as we have said to you, as long as the job market stays in shape, we should be okay.

And the job market stayed in shape. But what's happened in recent months is the job market's done a little in what I call slip-sliding away. Not the end of the world, but it's softening. And we have been given you our own little channel checks on that. So we knew that. And the numbers that have been coming out are softening also. And the 10-year yield goes from 4.7 to 3.7. But Jay Powell's at 5.5.

Huh. So we stayed at 0% when yield. went from zero up to like two, two and a quarter, two and a half three, and then finally played catch up. But the genie was out of the bottle, as they say. And now it's the other way. He's way behind. And we think the market knows it. And we think that's why the market is gagging.

and we think the economy is now heading into stall up next. We'll put a bow tie on this and whatever else. This is the one only investor's edge. 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 ache every time that I eat.

And it just becomes like a lifestyle where, oh, yeah, you know, I just 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. With the Venmo debit card, a taco in one hand, and ordering a ride in the other, means you're stacking your rewards. Nice. Get up to 5% cash back with Venmo Stash on your favorite brands when you pay with your Venmo debit card. From takeout to ride shares, entertainment, and more.

Pick a bundle with your go-tos and start earning cash back at those brands. Do more stash, get more cash. Venmo Stash bundle terms and exclusions apply. See terms at Venmo.com.combe slash stash terms. Max $100 cash back per month. Cash flow crunch? 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 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 you're listening to america is talking investors edge he's got to be pleased with that the crowd is just on his feet here he's a cinderella boy with gary coltbaum comes highly recommended you're going to feel better if you talk to him so what we have in the recent past we had a meltdown in the market we rallied back up but on that rally what did we tell you we simply told you the semiconductors are lagging a much much much economically sensitive area

because they're in everything and pretty much the leading group up and down so we're seeing the job market getting in trouble we have told you if we lose the job market we think the economy is going to get in trouble. We have oil prices tanking. We have copper prices tanking. Uranium tanking. Interest rates tanking. Which usually is a buffer for the market.

And is the interest rates tank every tick lower, J. Powell moves far. and farther away and the market recognizes more and more measuring the words his doofusness and we're just now and we bit this is not the first time we're thinking the economy as a whole dropping off a little ledge here we're not saying Grand Canyon but a little edge and why do we say that well little channel checks numbers on on jobs But the market is damn smart. And when I see Caterpillar and United Rentals gagging,

when I see the building construction stocks that were hanging in there, melt down this week. When I see semiconductors just absolutely blasted, it is one big, fat, juicy wake-up call. And this guy is zitten back thinking he's a genius. The next meeting's announcement is September 18th, which is 12 days away. And all I can tell you is the condition of the market worsened markedly this week with semiconductors leading down. And if the economy's worsened, we told you, they'll get the financials that have been holding up well.

Guess what? They got the financials this week. Goldman Sachs down $31 this week for no reason of course there's a reason for starters so the other part of the equation that we think the economy's got issues what have we been telling you had the relative strength the most recession resistant stocks in the market recession resistant means what companies are you going to go to even if we go into recession. If you have a baby, you are going to buy the diapers. You're going to buy the formula. You're going to buy your sodas. You're not going to buy your Prada pocketbooks. You may spend four days in Disney instead of seven. There's discretionary versus non-discretionary. You addicts of nicotine, for whatever reason, you'll still buy. Your sigs. If you love cereal in the morning, you're still going to get your raisin brand and your

I loved Captain Crunch. And you may just still get your yodels and hostess Twinkies too. So food, drug, beverage, and you got to clean the countertops. You got to wash the dishes. You got to do the laundry. So the Procter & Gamble's in the church and Dwight's and the Colgates that you got to brush your teeth and your Clorox. So the market is screaming

at Jay Powell and he's still sitting there. I have no clue what next week brings but this sucker is on the defensive and we ain't playing around. As you know, we told you where we stood, we own no

technology. and we love tech. The evil geniuses on Wall Street don't know what the hell is going on. They think everything's great while these things are now melting down. The AI favorites like Broadcom today, down $16 today, almost 11% breaking down. That's one of the glamour AIs. The Super Micro, we already told you about, NVIDIA, down to 102 and change from 141. Microsoft down 8 today that's down from 468 to 401 in change by the way we sold that at 453

and not a lot of stones are being left unturned utilities good relative strength recession resistant electricity certain component of insurance stocks they're complaining about gouging from supermarkets no the greatest gougers of these insurers insurance companies. All states raising homeowners insurance in California, 34%. Wow, huh? Good on them. Medicals hanging in there, not all. They just broke down Eli Lilly. That thing's a goner now. And we're just letting you know at the close of business today, ick. And the next Fed meeting where Jay Powell will play catch-up is not for 12 days. And I got to tell you, Gary Kaltbaum, handsome and buffed Gary, if I was the Fed, I'd be at four and a quarter right now, not five and a quarter. And it sends, since I would be the most important financial man on earth, it would be sending this big freaking signal, I'm on it.

but his ego and omnipotent feelings of himself has him just you know sitting back so let's discuss something here if we go into a recession of consequence

if we're not saying we are if and the market's starting to pick up that noise the market's going to be a bunch lower the semiconductors are already in a bare market already in the 20s as they call it.

The NASDAQ has gone from 18, let's call it 187 to 167, 2,000 points. That's only about 11%. Not a biggie. The S&P from the high, hardly anything. 5670 to 5408, what is that? 260 on 55%. I can promise you if we go into recession. it'll be a lot more.

We'll stay on it every day, but we're just letting you know a very much worsening market. Because let me measure my words again. The dufous does not understand that the market is king. He's the court jester. He needs to be more in line with markets so markets believe he's on somewhat,

of target. Advanced declines not good, up down volume not good, the finish not good. The only good news, now I'm not going to mention it. There's some people that call for crashes every day of the week out there. We're going to crash, we're going to crash. We don't talk in those terms. We just think the market's in trouble here and certainly it can open wide and we wouldn't be surprised if it did, especially with the semiconductors leading down, Monday will be another day. And we'll see how it goes. That's our take. We are hyper-defensive.

Up next, what else? I'm Gary. This is the one that only investors edge. Hi, I'm Dr. Jay 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

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 IHeartRadio. Listen now wherever you get your podcasts. With the Venmo debit card, a taco in one hand,

and ordering a ride in the other, means you're stacking your rewards. Nice. Get up to 5% cash back with Venmo Stash on your favorite brands when you pay with your Venmo debit card. From takeout to ride shares, entertainment, and more. Pick a bundle with your go-tos and start earning cash back at those brands. Do more stash, get more cash.

Venmo Stash bundle terms and exclusions apply. See terms at Venmo.com. me slash stash terms. Max $100 cash back per month. 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 OnDec or Celtic Bank. is not lend in North Dakota all loans an amount subject to lender approval you're listening to what are we waiting for what are you waiting for one two ready go action in the guester's edge with Gary Culpa all right a few other things I want you to be careful about the

Lulu Lemon CEO announced that he bought a million bucks worth of his stock the stock has crashed recently. I think it's window dressing. I think the guy's worth a bazillion dollars. So a million bucks is a fly on an elephant's rear end. When I see insider buying, best example I can give you in many years was Wins Resort. Steve Wynn bought $100 million of his own stock. I think it was 2016. Stock I think quadrupled right after that. So I don't give any credence to Lulu Lemon there. The job market came out today less than expected, but the revisions keep on coming. Basically, I don't trust anything coming out of the government's mouth at this point with the revisions that they've had to do. To me, it's almost a comedy act at this point in time.

I don't even know what to tell you. In the election, well, what's the line? Fool me once. Shame on you. Okay. So we're just letting you know. We trust no politicians as we enter to the, go towards an election. This is just so full of crap.

And really, a person that has been lying to us for three and a half years, we wouldn't trust a word this person has to say. a person that have showed themselves in their whole lifetime now telling you they're the exact opposite. We trust not. We just want to give you a little Kamala Harris shifting her life story. She once called for banning all plastic straws. She's now announcing she's no longer for it. She once called for a mandate.

By 2035 automakers can only make electric and hydrogen vehicles. Mandate. She's now says she's not for it. The banning of fracking. She's now not for it. And of course, that's the biggest bull crap of them on all because Pennsylvania. Because if she announced that now, she loses Pennsylvania. and she cannot win the White House.

A mandatory buyback program for assault weapons as part of her gun safety agenda. She's no longer for a mandatory buyback program. And I'm not taking any sides here. I'm just telling you about her. A decriminalizing, crossing the border from a criminal offense to a civil one. You know, they're illegal when they come in. She wanted to get rid of illegal, make it civil. She no longer supports that.

Reparations for slavery. Well, the position's unclear now because she was on a radio show the other day and said no, and then she was on a TV show with Al Sharpton and said yes. So she can't figure herself out on that yet. It's one of those. Depends who I'm talking to. Building a wall on the southwest border, she's now accepting it as a part of the border package that may or may not be out there and has run ads with Donald Trump's wall in the ad on video. No, not making that up.

A federal jobs guarantee part of a Green New Deal no longer for it. Medicare for all. No private health insurance. All government run health insurance like they have in the United Kingdom that is basically shot to hell. She's no longer for it. Am I supposed to believe anything that comes out of her mouth? I don't. What's interesting is why aren't the lefties crapping in their pants screaming at her that no longer do we like her and we're no longer. We're no longer. voting for her. You know why? She's got a D. She's a D, not an R. So everything that the Greenies have been calling for, she's now against, and the rest. And this is why she's only done one interview with a friend of hers that was stand-up comedy at best, because we listed for you the questions we were to ask that weren't. And that's our take on Vice President Harris. And as we said also, Joe Biden came out and admitted that the

Inflation Reduction Act was just a climate bill. He slipped up in a speech, either yesterday or today. I saw it today. It may have been from yesterday. Lion's sack. and was proud of the $375 billion of our tax dollars given to one man John Podesta Democratic hack for climate. And we don't know where $1 of that is gone.

We do know $8 billion went towards charging stations and they came out with eight of them, or maybe seven. Trump, and we'll do a lot more on Trump Monday. The one thing I do like, he wants to hire Elon Musk to go through guns, government and make it more efficient and less costly. I should have that job. I quit my job today to go to D.C. to do that job. We'd be running balanced budgets the first year. The second year. It would take a year. I don't think they'd be paying me enough. Ladies and gentlemen, wish I had better news for you, but the markets suck this week. We'll see what happens next week. I'm worried. You have a great weekend, drive carefully, and when you get home, do like we do, it's 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, all, serenity now. I'm taking a nap. But I do have air conditioning. Good night.

This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. 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. 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.