Investor's Edge with Gary Kaltbaum - The unwind continues

Episode Date: October 25, 2023

https://garyk.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 Colbom, your host. A thanks for being with us today.

Glad you here, ladies and gentlemen. Happy that you are listening. It is October 25th, 2023. It be Wednesday. Hope you having a good day. in case you did not know this is serious talk about everything that matters to you and your job in the economy and your money and the markets world news which is quite the world news now and much much more we hope you are listening we mean business it's serious talk with a little comedy

injected but right now don't think we got much comedy to talk to you about i want to get right to it today. By the way, if you do not get this radio show in your city, we will 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 Twitter, you go there, put our name in, or press the button at garyk.com, you can email me, just be nice. Why? Because I'm nice. And I'm so nice that if you had just listened to us for the last three months, you haven't been blasted in the market, as we have been highlighting every area to avoid. Little by little piece by piece, inch by inch, we've been telling you what areas to avoid,

in specific, on a daily basis. And now we've come to, I don't think the word is a crossroad, just another point on the journey. You see, on Friday, I said something on this show. I was actually regretting a little bit on the weekend. I'm very careful with my words here. You know, there are people in my industry that will talk, what I call crazy talk, in order to sell something. You know what I mean by that. I remember in the year 2000, they put out the book Dow 30,000. And of course, it took only, they were talking like it was going to happen in a couple of years. The 1987, the Ravi Batra, the coming crash of 1990s, that type.

So I'm very careful with my words. What I try to just do is give you direction, up trend, downtrend, down trend, big up, trend, down trend, avoid. And we very rarely use what I call, I don't know if the words incendiary, but just words that we're trying to be a little bit careful on Friday. We said on this show, the market was becoming undone. And we got some emails on it. And basically what we meant is pretty simplistic.

The market as a whole was now starting to play catch-up to all these areas that have already been blasted. The market as a whole was losing what we call traction. The market was losing its ability to even rally up and stick for a couple of days. The market was showing itself with a thousand new yearly lows. and no new yearly highs, and then the other part of the equation. And pretty much what we consider to be a very important part of the equation. And that is how the S&P 493 is really not up this year, but the S&P 7, those big seven, are all the gains. and what would happen if we lose those seven

and actually it's kind of like nine or ten and those names are Amazon, Apple, Adobe, Broadcom, Google, Facebook, Microsoft, Nvidia, Tesla and Costco's number 10. But that's not like one of these big movers. But also on top of that is the semiconductors

and where the same thing was going on. Every time I scan all the semiconductors, most of them look like absolute crap, absolute crap, with a few holding the index up. But we just started noticing what we consider the words to be undone, unwind.

And on the weekend, we asked ourselves, is that a little bit too far? And we didn't say anything Monday or Tuesday because you know what? I think it actually is about right. And we've been very worried and we've posted the chart. You go to our Twitter feed. It's up there now.

Of the NASDAQ advanced declines, breadth of the NASDAQ has crashed over the last few months into, remember the lows of last October? Not only those lows, but massively below those lows. Which means the average stock was so much worse than all these big things. We then went on to say that the problem with all these things and these big negative divergences is the normality is eventually they get everything. That's how it works. How do we know? Well, we've spent thousands of hours of study of bull and bear markets. If you came into my office right now, we can pull out all kinds of folders of all kinds of

of studies from all kinds of dates with all kinds of printed charts and we go back to them it's called looking at a photo album for familiar faces and i did not make up that line that came from marty schwartz he wrote the book pit bull and you should oh you should definitely get that book so what we do is know we're going into earnings and we'll look for outcome because we know these big companies are going to be reporting earnings and who knows. Maybe good things will come of it. Well, Tesla, not good things. The stock was crushed, crunched.

Now trading a little bit below its longer term, 200-day moving average, on decelerating earnings and sales. And what I hear was a whining Elon Musk in the conference call, even though I didn't hear it, but that's what I've been getting a lot of feedback on. And then yesterday, Microsoft, really good reaction, though Google really bad reaction, so we kind of got split coming into today. And when I do my scans, what I told my peeps, I got nothing to buy. Most everything's in a downtrend except, believe it or not, uranium and a smattering of some things. That's really it.

I can't even say oils right now because there's been a lot of. of breaking down of the big oils ever since Chevron announced the buyout of Hess. They're getting those smoked. And the refiners are breaking down. So I really can't even say oils as a whole, even though there's some strong oils. And again,

there's a smattering of names that are stronger. They're always in our few. But it's few and far between. And let me just give you the close today. A number. There were 1,051 new yearly highs. excuse me, duh, new yearly lows in the market today.

1,051 new yearly lows. New yearly highs? On the NASDAQ, I have one. On the New York, I have six. That's it. Against 151 new yearly lows, even though the S&P is not near new yearly lows. Huh. But that's not the big story today.

The undone became more undone. The unwinded, unwinded more today. And when we talk unwinds, what matters to us most, as we've said for a very long time, NASDAQ types, technology types, semiconductors, after semiconductors come, the financials, and then you start going little by little piece by piece all the rest of the areas. What could say transports are important too? I've always given them less weight, but I would suggest they matter also.

Up next, today's outcome. 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,

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That's 8-8-5-9. That's 888-4-2-2-5-59. Investment Advisory Services offered through call-bomb capital management. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-draw fly is a game changer.

With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com, code comfort. Tommy John. Comfort perfected. message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn

with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker, the platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere

where people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be Be fun. Investors Edge. The last bastion of quality programming.

With Gary Coltbaum. It doesn't get better than this. So, let me start by saying, as always, I have no clue what happens tomorrow. Because we always say that. But we do know when something's in a definable downtrend. We do know when something is a definable downtrend. We do know, and let's assume we are right when we say this, we do know when something's topping out badly. We do know when something's bottoming nicely.

And I can flat out tell you bottoming, well, let me tell you what's bottomed here in recent weeks. The defense stocks gaped up on the Monday after October 7th for tragic reasons. Manage care stocks, better after. Those are the HMOs. These are the companies that have made bazillion dollars off of Obamacare. Obama care. You remember Obamacare? Do you remember that? Our premiums are going to go down even though they're going to put millions onto the insurance rolls and get rid of pre-existing conditions. You remember that lie, right? So what happens today? Well, the Dow was only down 105 and actually at one time today the Dow was up meaningless and before i get into the big numbers

with the Dow only down 105 advanced declines on the new york 866 up 31 31 31 down and 1121 up on the NASDAQ 2975 down those are pitiful numbers that's still not The important numbers. The important numbers. The semiconductor index down 138 juicy points. And how did that finish today? Easily below the longer term, 200-day moving average. Now remember, it broke the 50-day moving average in August,

rallied back up into it late August, then dropped like a stone again and said, September and rallied back up to about eight days ago, and since, for lack of a better word, has melted down. And due to the fact, the semiconductor index to us is the number one area to be watching it so big leading the markets up and down to a decent extent, breaking the longer term 200-day moving average is not good news and, in fact, is breaking the big breakout it had in May. While I was whining and complaining to, how the heck is the semis going up with such crappy numbers. And of course, a bunch of that had to do with

NVIDIA and the AI and all that phenomenon. But that's not even the story today. With the Dow, only down 105, and again, it was up midday. The S&P was down the equivalent of 460 Dow points. The S&P. And why would that be? because the big technology-laden NASDAQ and NASDAQ 100 down 318 and 364 respectively. And why is that important to me? That's your tech, your big tech that has been leading so well, those few names, which now, listen carefully, it's lost Tesla.

and what that means is Tesla's now in a downtrend and a pretty good one and very over on. We'll see where it goes and now it loses Google. And what do we mean by losing it? The up trend is gone.

It gapped down today, finished down almost 10% and almost 170% volume on a big gap and that what it basically does is dead in D-E-A-D-E-N the stock. now we know we've got

Facebook reporting after the close IBM we'll see what happens with them we'll let you know we'll be here when they report we'll figure it out but now you have

Google and Tesla now even before that Apple is trading below the 50 days sitting on the longer term 200 day at 171 big support as they report as they report next week.

On top of that, Adobe, a very important semiconductor stock, breaks the 50 day today. Toppy, topping, whatever you want to call it. That's Adobe. Amazon also is topped out as of recently and broke a little support today at about 123 to 125, finishing at 121, but they report tomorrow so that can change the playing field also, which takes us to Microsoft, which gapped up today, was up 15. finished up only 10, but still pretty darn good. And we will give it its due.

That's good news, which takes us 10 video, which basically we just have to state for the record. It really needs to hold this 400405 area. It's 417 down from 502. And amazingly, to our eyes, with their great numbers, why isn't this stock higher? why? Because the whole technology arena is just simply under pressure. That is why, which takes us to Facebook. And as of this second, we'll give you good news. As of this second, because I got to tell you, it's lighting up like a pinball machine as I speak. In fact, in the aftermarket, Facebook, number one, their numbers were very, very strong.

In fact, Facebook in the last three minutes, went from down 10 to up 15 to down 10 to up 15 in the aftermarket. Now, Facebook was down 13 today already in a very weak market. So if we tell you in the aftermarket, it's up 13, that means it's flat on the day, but we'll take it. And as we speak, Facebook is up 13 in the aftermarket, getting back the losses today. And by the way, just a glance, pretty strong numbers. So maybe that helps tomorrow. But Microsoft didn't help today.

and in fact Microsoft was up 15 and got distributed and as I go through my screens I'm just looking them over just big losses and more stocks breaking support in the technology arena and the NASDAQ today at the close all the way down to the 200-day moving average

cleanly breaking 13,000 the NASDAQ Stack 100, also on the little break here too. So, undone, unwind, whatever you want to call it. The market worsened markedly today as we enter earnings season with more earnings to come out. Up next, we'll expound. 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's swears are the next. 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. 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 Colt Bomb. recommended you're gonna feel better if you talk to and walk once again to investors edge and then let me do a little exercise with you if you don't mind on today with the Dow only down a hundred points today little exercise fair Isaac down 37 to 825 broadcom down 31 to 849 macado Libre, 31 to 1190. Thermo Fisher Scientific, down 25. Service now down 24 to 530. Into it, down 23. Mungap, down 23. Booking Holdings, 23. Automatic data processing,

ADP, down a huge 22 bucks today. HubSpot 22, Lamb Research, 20, NVIDIA 19, Adobe 18, Monolithic Power 18 Idex Labs 18 ASML Holdings 17 KLA 10 Corps 15 Lithium Motors Autos 15 Old Dominion

Freight was up 4 on earnings and finished down 15 Vicar 14 MedPace 14 Google 13 Paycom 13 Chipotle 13 and message to people

who work at Chipotle you better get back some consistency in your food by the way. Next, Facebook 13, though, Facebook has gotten almost it all back in the aftermarket. Transdime 12, synopsis 12, Owens, Corning, 12, Lassian, 12, Aline Tech, 11, West Pharmaceuticals, 11. Look how many stocks, double digits. So just letting you know, the market worsened today. and the worst possible scenario for an unwary investor is, Dow is only down 100.

And by the way, with a few minutes to go in the market today, the Dow 3308 was only down 50 with about 7,8 minutes to go, finished down 100. And it, I'm trying to think the time today, the Dow today at 1150 was 33267, was actually up 130 while the NASDAQ and tech was getting squashed. When the NASDA, when the Dow was up like 130, I think the NASDAQ was down like 150 at the time. And as we have taught you and as we've told you, we want it the opposite. it. The Dow gets money parked into. The NASDAQ gets risked into. That's how it's always worked. This is not making us making something up. It is us the study of bull and bare markets and how they work.

That's all. So, tail the tape. Google Bad Gap. Tesla on the defense. Microsoft, we're going to give that a checkmark. and Facebook, we're going to give that a checkmark so far. Things can change overnight, but Facebook had really good numbers. And we have Facebook this second getting back the loss today. This second. Now, you know, we never market ourselves and we never sell ourselves. We never do that. Do you know why?

In the past, we've heard others that every three minutes, call me. At 800 so-and-so-so, so-and-so, we're going to do this. We just want to do a radio show. But just so you know, we started up our email service again a while back. And what we do every night is webcasts. We show you what we're seeing. We teach you how to define uptrens and downtrends, bull and bare markets, and most importantly, how to stay out of the crap.

And right now they're getting squashed. If you don't get them, you're missing. because the ability to stay out of bare markets when all hell is breaking loose we just pulled in an account today 90 stocks in them 90 and as usual the over diversification they own some this that

and the other thing and amazingly in the account has my Bank of America at multi-year lows. Disney. The stock's down 55% in two years and they're still holding Disney. What are they hoping for? We don't deal in hope and prayer, kids.

We deal in major focus and the analysis of the market and what it looks like and how it acts in bull and bear markets. And we separate ourselves from the world in bear markets, because everybody's always freaking bullish. Wall Street is this bullish entity.

Don't worry, everything's okay. Think long time. It's a great company, and they're saying all that now on technology. And we're trying to tell you technologies in a bare market, and to be careful and watch out and just be smart. And anything's possible. Well, they've already crushed most everything in tech, and now they're starting to get some of those big guys.

notwithstanding Microsoft and now what we'll also do is we'll keep a watch on Microsoft why it had a good reaction and we're going to see if the market keeps going down does Microsoft not why why do we do that because when markets ultimately turn

those things that had the best reactions that refuse to drop will be like those basketballs being held underwater and once you let go straight up. If you go study LA gear from the crash of 87, that was the biggest basketball being held underwater ever. Went up 17-fold coming out of the crash.

Excuse me, 14-fold in 17 months. Because they went from selling nothing to zillion sneakers. So that's what else we do. We prepare while the market's crumbling, and we're on the outside looking in, while everybody else is crapping in their pants. So if you go to garyk.com and you see that little button conviction leaders, go do it. You get 30 days free.

No obligation, we don't bother you. And we just want to do it for more people. Because right now, we're again completely separating ourselves from the masses around the globe. And we mean the masses. We segue now. Republicans came up with a new speaker today. Ain't that great? You know who they picked?

An election denier. And not only an election denier, but somebody who try to get back the election from Trump, even though we're now finding out that all of Trump's lawyers are pleading guilty for lying for Trump and Trump knowing. And we just made the Speaker of the House one of those people. Yay! Remember, I used to be in the Republican Party. I left, I'm independent, but I'm still the most conservative guy out there physically,

and that's why I'm sick and tired of these people. I heard them say, yeah, we're going to care about spending this and that. They're so full of crap, it's not even funny. They signed off on Biden's $2 trillion of debt when they should give Biden a kick in the grapefruits and provided posters of what Biden was trying to do instead of, no, we're going to have a $2 trillion debt.

Don't worry about it. We'll be okay. we'll give this guy a chance, see what he does. I'm not hopeful. It's all we need is elect. Remember, we told you the day Trump came out and said the election was a lie, and they put out Sidney Powell. Now he says Sidney Powell was never his lawyer,

even though there's a tweet out there saying Sidney Powell is his lawyer. One of the great BS artists of all time. Remember what we said about Sydney Powell the first time she was on TV? She's a lunatic. Don't believe a word she's saying. And Rudy, what the hell happened to this guy? All Trump had to do? I lost.

See in four years. Instead, he's got 91 counts. For a brilliant guy, he's a dumb arse. All he had to do was just shut up. Can't do that. Didn't I just segue? All right. Up next.

News of the day. Whatever else, today I'm Gary. This is the one only one. investor's edge. 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. 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'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! With Gary Culper. So, so. By the way, I haven't mentioned a while, my back is back to 100%. It turns out it was three months of back spasms, which I would not.

Well, actually, I'd wish it on Hamas. If all of Hamas get my back spasms, I'd be a happy guy. That's how bad they were, by the way. But the worst should, even worse should happen to these. Anyway, just letting you know, it's 100% But I'm still 15 minutes of stretching in the morning, 15 minutes at night. I'm still doing the swimming a bunch of times a week. I haven't been to the physical therapist in three weeks because I've been back and forth to New York for my elderly parents who are quite, they are still quite sprightly, I must say.

I hear my father yelling at the TV in the background all the time. But wow, huh? The surgeon who I went to see And I didn't go for surgery But he was a surgeon back guy He nailed it He said I give you 12 weeks

Here's what you got to do And I did it And 11 a half weeks It did the trick But I still watch myself I have very good Very good posture now I'm the king of posture

And I stand up Most of the day instead of sitting That's the new thing also Yay All right little update Don't like seeing that. Facebook was just at 313 and now it's only 304 down eight on the day. So it's up five in the aftermarket. That's not great. We want better than that.

And that'll change. They're going to do this, that, and the other thing. Who else reported IBM? I've got it up a buck in the aftermarket. What do you do? That ain't going to change anything. KLA 10 core in the aftermarket. I can't tell. Looks like it's up a couple of bucks. And real, I mean, there's a few others, but I'm not going to deal with it. In the news, the greatest song of all time, Stairway to Heaven by Led Zeppelin.

Robert Plant sang it for the first time in 20 years at some charity fundraising event and I wasn't there Gary what's so important about Are you kidding? Greatest song of all time I don't think that any song is better than that In the news

Here's an interesting one UFC You know what UFC is They now have partnered Get this with Bud Light What Now just remember We think

Everybody is a right to do whatever they want to do, whenever they want to do it. Bud Light had every right to partner with that. It was Dylan Mulvaney if they wanted to. They paid a price. But UFC is saying, screw it. And they just signed the biggest deal with Bud Light. And for those Bud Light distributors who lost a lot because of the, you know, whatever was going on, I hope you can make back.

That's all I can tell you. I hope things get better for you. I want things to get good for everybody. I thought that was really interesting news in the business world. Quite the interesting. And I'm not a beer drinker, by the way. I think I've had two beers in 20 years. And you know where?

Japan. They have a great beer over there. In the news, the Writers Guild. Do you know what that is? it's a union for writers they refuse to condemn Hamas so all the writers are cursing them out

good to see if you can't condemn the things that these they're worse than animals by the way I don't even know what to tell you I don't even know what to tell you In the news, new normal or no normal, how economists got it wrong for three years. In the news, which goes along with it, Jamie Diamond, the head of JP Morgan, just announced that our central bank has been wrong about everything.

Really? We had no idea. Thanks for telling us, Mr. Diamond. we have been the loudest, we have been the most front and center on these people that have destroyed the markets and have created all the distortions, including now the housing. The distortions are unbelievable now in housing. And you know how it ends, right? All distortions crater. We'll announce when it craters. Not there yet.

I am noticing some high-end areas starting to come in, but nothing untoward yet. Oh, but it will. We'll let you know. I forgot to mention also on the markets. Let's segue a little bit back. The transports down another 350 today. Did I say that? I don't think I did.

The transports down another 350 today. Just getting mowed down. on top of everything else. So we're just letting you know the undone got more undone today. The unwinded a little more unwounded. More new yearly lows, no highs. Oh, and by the way, remember what we have said to you,

I just don't think, and we hope we're wrong on this, that people get what's going on with the body, market and yields all I keep hearing is oh because inflation is down or lower than it was bonds will be better oh and the Fed's not going to raise rates anymore I got news for you the bond market is like every ex-girlfriend their boyfriend to the central bank now they don't care what he does or what he says what I'm worried about is it cares about these nut jobs in DC that have taken us we're now

33.5 trillion. Do you know our debt is up $2 trillion in the last five months? What number will account for these type of numbers? That's the worry. A move through five will be screaming and we're close. We'll be on with Varnie and Company tomorrow Fox Business Network 10 a.m. Don't miss it. You have a great evening drive carefully. 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. You will feel better I promise. I wish I had better news for you, but we deal in the real world here, kids. Have a good one. Good night. This has been Investors 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.

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.