Investor's Edge with Gary Kaltbaum - A Lot of Earnings [07.30.2026 w Adam Sarhan]
Episode Date: July 30, 2026https://garykaltbaum.com/ The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or ...BizTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.
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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 Adam Sarhan in for Gary K.
Who's out today?
Today is Thursday, July 30th, 2026.
And we have a great show for you tonight.
As always, I want to thank you very much for being here.
A lot's happening.
We've got earnings.
We got the Fed yesterday.
We got a little rebound in the market today.
and a lot more.
So GDP, a lot more.
I'll get into everything.
Earnings from Amazon, earnings from Apple.
After the close today, we had Microsoft meta yesterday,
several other stocks, Starbucks, Chipotle, so on and so forth.
So I'll get into everything.
That being said, before we do that,
I got some little housekeeping.
I want to read something to you quickly here and share with you.
Here we go.
As you know, this is a show about you and your money
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Now, let's talk about the market.
We are in a downtrend or a little pullback correction.
The language folks of what you want to call it, it's semantics.
It doesn't really matter to me.
All I know is that when we zoom out, we're in a bull market.
You look at the NASDAQ 100.
It's a leading index this year.
It's up around 12% thereabouts.
You have the S&P 500 up about 8.5% somewhere in that area, under 9.
The Dow, let's take a look at the Dow and see where that is year to date.
Yeah, we're up about 7.8.
So about 8% there.
The small cap Russell 2000 is now leading because it hasn't pulled back as much.
Let me correct where I just said there.
The Russell 2000 up about 17.5%.
If you want to round it up to 18, we can do that.
So now that's the leading index.
And then the midcaps is up about 12.3% or about 13%.
Or 12% if you round down or 13% somewhere in that range.
So the Russell 2000, the small caps are now outperforming the NASDAQ because the NASDAQ is pulling back.
Now the NASDAQ had a pullback of about 10% from the recent high.
normally in bull markets it's normal to see big pullbacks they happen they're not fun in fact
this one was ugly but it's normal and it happens it's end of month tomorrow's the last day on
Friday typically not always you many times i'm going to use the word typically many times you'll see
investors the market tends to rally end of the month they used to call it
called window dressing, it doesn't really happen, so on and so forth. But, you know, in all practical
purposes, it's a seasonally, let's put it that way, period where you tend to have a bounce,
especially when you come into it, like we did this time, with a big decline. So this year, the NASDAQ
100 was the leading index. It's now the Russell, because it has, the Russell hasn't pulled back as
much, but we're seeing a lot of selling in tech. Okay, if you look at the semiconductor index,
that's up a whopping 44.5% year to date.
Thereabout. So let's just round it to 45. That's massive. It's ginormous. Since March alone,
it's up massively. One from 359, 86, which is the semiconductor index, the SMH, all the way up to 671,
just a few weeks ago. And then I had a big pullback. It's down about 20% from its high.
Double the NASDAQ. It's just, it's more volatile, right? You had a bigger move up. You can have a bigger move down.
Those that, you know, as far as I'm concerned, the NASDAQ and the semiconductor index zooming out year to date, those were the two strongest indices this year up until the latest pullback.
So, okay, we're pulling back.
It happens.
It's normal.
Nobody likes it, but that's part of the process.
Now, I've studied just about every single major bull in bear market in history.
Every single one of them has pulled back and pulled back, you know, had multiple pullbacks along the way.
It pulled back and pulled back again.
Pulled back again, rallies.
Pulls back again, rallies.
Sometimes it goes sideways for months.
So from my standpoint, it's really a understanding the lay the land,
understanding the language the market speaks, understanding the rules of the game.
Metaphor or analogy you want to use to explain it.
You know, when in rural type of a thing, right?
So, okay, if we're trading stocks, we're investing in the market,
the market can only do three things.
It can go up, it can go down, or it can go sideways.
And that's it.
There's literally nothing else the market can do, up down sideways.
So if you zoom out and remove basically the opinions and the thoughts and the noise and all that stuff,
and you just look at what can happen up down sideways, all right, it puts things in perspective.
And when you zoom out and you understand you're in a bull market,
and a very strong bull market that is, but now things are starting to roll over a little bit,
things get dicey.
It's not a clean, linear,
oh, just buy this, walk away,
you know, forget about it,
buy it and forget about it.
And to clean up trend, no.
I started trading in the 90s,
every bull and bare market that I've experienced,
not just the ones I've studied going back 100 plus years,
the ones I've lived through and traded through and experience,
have these kind of ugly pullbacks and corrections along the way.
And then eventually they end,
then you get a bare market,
and then the cycle repeats itself.
And Gary's done a great job of keeping you out
the way. When things break, like the 50-day moving average, that's a fact. It's not an opinion.
The 21-day crosses below the 50-day. Again, fact, not opinion in the SMH or the semiconductor
index. Again, you can start seeing big stocks that we're leading on the way up start to roll over.
Then all of a sudden, hey, wait a minute, things are changing. And then you can get more defensive
and you can adjust depending on your style and all that stuff. Everything I say is general in
nature. So again, markets under some pressure, markets under correction.
there is a chance. We have a little bit of a near-term bounce here. Just my opinion. Again,
there's the opinion, not a fact. A little oversold here in the short term. It's end of the month.
Unless if we get a big outside, I guess a negative headline in the Middle East or some kind of outside news event,
from my standpoint, we're oversold and probably going to bounce here. The market had a big decline,
and we're probably going to bounce. Again, not necessarily.
necessarily we have to bounce.
It's just putting, we'll see what happens with Apple,
we'll see what happens with Amazon and all the other earnings coming out.
But this week, zooming out, the Fed came out and did not raise rates yesterday.
People were worried that the Fed was going to raise rates.
So the Fed not raising rates, one of the reporters from Reuters called me yesterday and said,
hey, what do you think about the Fed and the market and blah blah?
It's pretty much a doveish reaction.
You know, the Fed not cutting, you know, they didn't cut rates, but it's as close to cutting as possible.
Inflation's above their 2% target.
The Fed decided to take no action and do nothing.
What are you doing to combat inflation?
Zero.
Okay.
That's duffish as far as the market's concerned.
Now, the market sold off heavy yesterday after the press conference, but guess what?
Came roaring back and bounced sharply today.
And a lot of times it's the next day where you actually see the real reaction come in.
It doesn't mean we have to rally tomorrow.
It could easily sell off and there's still lots of areas that are in trouble, so on and so forth.
All I'm just saying from my standpoint is there's a chance depending on earnings and how things go that we bounce them here.
That's all.
It doesn't have to.
So a few notes from Gary.
Microsoft Goldman Sachs, Caterpillar, big parts of the Dow.
Those three stocks, Microsoft, Goldman Sachs,
Sacks Caterpillar are today and then are big pieces of the puzzle.
When you look at Microsoft and gapped up big on earnings, this is from Gary now.
So we think it's viable on any pullback Microsoft could be bought, but Gary does not own
it just yet.
He hasn't bought it just yet, but he's always wondered about how the stock was down so far before
and the numbers are pretty good.
So, and he's mentioned it before on radio throughout the drop.
So a stock like Microsoft reports earnings after Wednesday's close.
You know, the Fed came out yesterday, didn't do anything.
Okay, market sold off.
After the close, Microsoft comes out, gaps up today, huge gap on decent numbers.
Meta, another one, Facebook, came out and did the opposite.
Had a big gap down after reporting earnings.
So cross-current there.
They're big stocks in the NASDAQ 100, those two.
Starbucks, interesting enough, that's in the NASDAQ.
That K100 as well, I believe, also reported earnings.
And that was up a little bit, but not by much.
Chipotle, CMG, another big restaurant-type stock, and Starbucks I consider as a restaurant,
but Chipotle gapped up on earnings today.
It was a breakout in Market Terminal today.
If you ever want to see breakouts in real time, you can go to MarketTerminal.com.
There's breakout's there.
Chipotle, gaped up on earnings today.
And what happens there?
it shows you, folks, when you go through these earnings, there's breakouts and those breakdowns,
and a lot of things are happening. I think there was, what, about 30 stocks that broke out today
thereabouts. It shows you what's happening and how many are breaking down. All right, up next,
we've got a lot more to cover. I'm going to talk earnings, talk the market, and a lot more GDP
and so on and so forth. Thank you very much for being here.
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All right, so a few things here.
We spoke about earnings, lots of earnings, spoke about breakouts, spoke about breakdowns.
I'm going to speak about that now.
It's about even today.
There was about 30, I think a little bit more breakdowns than breakouts.
28 or so breakouts, we had about, yeah, a little over 30 breakdowns.
So it's about even. Sometimes you get a lot wider discrepancy, 30, 40, 50, 60, 70, 80 stocks breaking out.
And five breaking down on a really bullish day. And it could be the opposite, 30 or 40 breaking down and two or three breaking out or five breaking out on the bullish days.
On the bearish days, excuse me. So I look at that ratio of breakouts to breakdowns. I always like to say the market is speaking and then ask, are you listening? And that's how I listen. It's not verbally speaking to us. Like I'm speaking to you now using words. The market's speaking.
Nonverbally, which, interestingly enough, you can Google it.
I didn't know this, but someone told me and I was surprised.
Most of human communication is nonverbal.
See someone's face.
Are they smiling or not?
That kind of thing.
So that's, the earnings are important, right?
So market caps are big.
Let's look at some sectors.
We spoke about the earnings.
Let's talk about sectors.
One that jumped out at me that Gary mentioned earlier in the day to me was the
transportation stocks.
Ticker symbol is IYT.
Broke the 50-day today.
It actually closed just near it on it yesterday, but broke it significantly today.
Wasn't the lower half of the range.
We rallied back a little bit closed in the middle of the range for the bar today.
But that's a big break.
It's pulling back, somewhat retesting that 83 level, which was resistance.
The load today was 83, 67, so it's now support.
But if it breaks down below 83, no bueno, like they say, it's below the 50 days, so that's not a good sign.
Typically, transportation stocks, financials, the XLF is another area to watch, are important to watch because if they start breaking down, that tells you, hey, the economy could be in trouble.
That being said, it's a good segue way to talk about the economy.
The GDP report came out today and the PC inflation report came out today.
And GDP, which is a measure of all economic activity or gross domestic product for the GDP.
the economy came in below expectations.
And that's another big reason why the market's up to it, even though futures were
up before GDP, but let's just throw in the GDP rally afterwards, the post-GDP rally.
GDP came out and it was weaker than expected, which takes pressure off of the Fed to raise rates.
Why?
Because if the economy's growing weaker than expected, then inflation is going to naturally slow down.
Remember supply and demand.
Demand slows down.
then all things being equal, inflation should come down.
And that's another reason why the market rallied.
And we're still growing, just not growing stronger than expected.
So that being said, that was GDP today.
Financials, XLF, above the 50 day and above the 21 day, and they just broke out a few days ago.
So the financials are fine.
Transportation stocks, I want to see it get back above the 50.
But it was a break of the 50 nonetheless.
Semiconductors, the SMH, broke the 50 a few weeks ago.
Right around the time the NASDAQ-QQ broke the 50, not exactly but near, and it's been falling ever since.
50-8 moving average folks in a healthy environment is sloping higher, and the market or the stock stays above the 50.
It doesn't have to, but just in a good, nice, healthy, upward trending environment.
Once the 50 breaks, especially if it breaks in heavy volume, typically a sign that, okay, something could be changing, often the size.
often times. It doesn't have to, but based on my observation, it's not scientific proof,
but I've noticed many times when stock breaks the 50. All right, something has changed here,
especially if it does not heavy volume and it continues lower like the SMH did, semiconductors.
Not only do you break the 50 with the SMH, you rally back into it a few days later at the end of,
when was it? Not the end. The middle of July into the 22nd of July, and you kind of failed below the 50.
and then you rolled right over again until yesterday's sell off and then today's big gap up.
So, all right, noted, like Gary says, noted.
Oil prices.
Oil prices are higher even though we had, there's no real resolution in the situation in the Middle East.
So we'll see what happens.
But for now, that's something I'm going to watch because if oil prices shoot back,
back up, then that could trigger inflation, which could cause the Fed to either raise rates or
not lower rates, whatever, right? Could cause the Fed to do something. But for now, oil prices,
now they ended down about a percent today. So sorry, let me take that back. I was looking at
futures versus something else. But oil futures down, it was 8366, down about a percent.
So oil gave back a little bit of some of the recent move. The big decline today,
that did catch my attention was gasoline prices.
Our Bob gasoline, that was down about 4.5%.
Close to 324.
So hopefully we'll see some relief at the pump.
If that continues to fall, we'll see.
But outside of that, let's see here, what else did I want to share?
Some more sectors.
So we spoke about the financials, transportation, stocks.
Interestingly enough, the regional banks, KRE, that broke out recently on market terminal,
down at me and some regional banks. Last Friday's weekend report that I publish on findleading
stocks.com. I had a lot of regional banks that showed up there. I was like, oh, wow, all right,
noted, right? So like Gary says, got caught my attention. What else I want to show you
biotex, XBI, it had a big run, broke out back in June on the 17th of a nice base.
The XBI had a nice rally. And then it pulled right back into the 50 day and bouncing off.
That's a good example of the pull back into the 50 day and it bounce off the 50 day where it looks good.
And you're in an uptrend.
So a nice breakout.
Old resistance was 139.
The low just recently was 146.
So you're above the 139 line.
And for all things being equal, could be an emerging area.
Regeneron pharmaceuticals was a breakout today.
And regeneron is a big biotech company.
And there were others too.
There's 31 total breakouts today.
Regenerum is a biotech company.
What else?
ILMN was another breakout.
This was a medical type.
It's more of a health care stock.
A few other ones broke out today that caught my attention.
But again, biotech, something I'm watching right off the 50.
We'll see what happens there.
Speaking of healthcare stock, let's look at the XLV.
That gap down, yes.
Let's see here.
Where are we?
XLV.
I'm looking at the right thing.
So that had a good move the XLV recently over the last, this is the healthcare stocks, over the last few months since May.
You went from 141 up to 170-ish.
And now what's happening with the XLV, you're pulling back into that 21-day moving average and you're nicely above the 50-day.
A little gap down today in the XLV.
There's a few stocks that report earnings there that dragged it lower, but still, it's an uptrent.
So looking at the sectors, we'll watch them.
Up next, we've got a lot more to cover.
I'm Adam Sarhan.
This is the one and only Investors Edge.
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And welcome once again to Investors Edge.
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All right, so spoke about earnings, spoke about sectors, could be emerging sectors, could be sectors to watch.
A few other ones, gold and silver. GDX is golden silver stock.
They're just in a correction.
You had a huge move, Q4 of last year in gold and in silver.
And now you're just pulling back.
GDX, you can look at GLD.
Same thing. SLV is silver. Not much is happening. Just a huge pullback to consolidate to digest the big rally we had in Q4 of last year.
Other areas I could share, let's see here. Well, let's talk about Amazon. So Amazon report earnings after the close.
Stock is up as of right now about 6.29%, around 15 bucks or 6.5%. Let's put it that way. Now it's almost 7.
it's very fluid just came out let's see Amazon shares jump no let's see after Q2 AWS so Amazon
web services top estimates that's the big headline the free cash flow fell a little bit but
for the 12 12 months let's see to outflow yeah no the Amazon stock is up after hours I mean
that's all that matters how much it's up it's moving up and down a lot as I speak it was up about
7% and then 6 and then 8 so it's going to see what happens tomorrow but good news for
Amazon's up after the bell we'll see what happens with Apple and more importantly where
we close tomorrow but for now other stocks that came out after the bell coinbase
coinbase has earnings Rivion has earning Rivian excuse me Rivian
Coinbase is down just a little bit not much RIVN is Rivian
that's up a little bit.
Rivian still sees fiscal year vehicles delivered 65,000 to 70,000.
It's up just 20 cents.
I mean, not much up about...
Yeah, it's now up 8 cents.
So it's all over the place.
But up a little bit nonetheless.
Roblox reports earnings.
Let's see, RBLX.
That's not much.
Up just a little bit.
Q2, Daily Active Users, Rose.
Or we'll see what happens there.
Sorry, it didn't rise. The stock's up just a little bit, but nothing really matter. Nothing substantial.
And then we'll see what happens with Apple in a few minutes. So for now, I would just take, let's see here, take my time. I'm going to watch the NASDAQ 100, the QQ.
Very big chance it's a little near-term low here. That could become a significant low or the low.
I'm going to watch 686, which is where the cues are with the low back in June.
It broke below that.
Let's see if it gets back above it.
And then watch the 50, the 21 day, and then the 50 day.
And we'll see what happens over the next few weeks.
Because if it rallies into the 21 day or even the next few days,
it rallies and then rolls over or rallies into the 50 day, rolls over.
No, bueno, like they say.
What is the series, what is the definition, if you had to define uptrend,
take out the emotions and everything.
It's just a series of higher highs and higher lows.
That's it.
I mean, you can go much deeper than that, but really that's what it comes out.
Series of an uptrend is higher highs and higher lows.
A downtrend is exact opposite, lower highs and lower lows.
So we'll see what happens.
For now, just take it one day at a time.
There's no rush.
Reddit reported earnings.
Let's see here.
Down about six bucks.
Initially, down seven bucks, five bucks.
It's just all over the place.
About three and a half percent.
So Reddit's down after earnings.
Let's see, Q3 adjusted EBITDA, 385, the 367.
Yeah, it's dead.
Reddit's down.
So let's go back to Amazon.
This thing's all over the place.
We'll see, yeah, Amazon's up real nice.
And the NASDAQ futures are up nicely because of Amazon.
We'll see what happens with Apple.
But for now, just take your time.
And this is a bounce.
Let's see if the bounce continues or if it's just a one-off.
Time will tell.
But when we're in these corrections, I like to just
back and zoom out and say okay let's just pause for a second and look at what
matters and measure what matters is I'm a very very aware of the fact that
zooming out like high level we're in a bull market I get it it's just a
pullback if you zoom out look at all of these indices the S&P 500 right now is
down two and a half percent below an all-time high that's it
It's below the 50 day, not good.
Below the 21 day, not good.
Lots of damage under the surface, but it's in a bull market.
You're down 2.5% below an all-time high.
Again, it's really important to zoom out and put things in perspective.
The NASDAQ 100 with all the selling and breaking the 50 day and going down almost the 200 day,
it's about 9% below its all-time high.
Again, folks, and it just went from 55% percent.
555 to 748, almost 750. So it had a huge move. It's pausing to consolidate that move.
The Dow is 2% below its all-time high. The Russell 2000 is up 17% for the year. And it's down 3.5, a 3.3% below its all-time high.
So again, just it's important to put things in perspective. Pullbacks happen, they're ugly. Corrections happen. They're ugly. They happen. It's part of
of the process. Now, market speaking, let's listen. So on market terminal, let's go through
some breakouts. And again, these are not by recommendations. There are no investment advice
advice is given. Everything is just informational, general informational purposes only. That
being said, a few stocks that jumped out at me today. Chipotle, CMG, broke out. JLL, Jones
Lang LaSalle, it's a real estate company, broke out. Lloyd's Banking Group, Boyd's London.
It's a regional bank. L-Y-G broke out.
out today. And again, I'm not going through and saying to buy any of these. I just want to see
what's breaking out. Regeneron, pharmaceuticals, R-E-G-N. Nice breakout there. I spoke about biotex.
I-L-M-N broke out today. Let's see here. I'll skip that one. Unity Software, you
edged out of a little mid-level base here. Ferrari, ticker symbols, race. Interesting enough,
they broke out, even with the terrorists. They broke out today. Shows us demand.
still strong. Economy is still strong. B-P-P-O-P. This is Popular Inc. It's a regional bank.
Little breakout today. Anheuser-B-Hush. Bud is a sticker B-U-D. Lace a little breakout there.
Beveridge, alcoholic company. Market access, I think I'm pronouncing that right,
M-K-T-X is being bought out by ICE, which is the parent company of the New York Stock Exchange.
For $6 billion, I think it is. And I think they have red.
revenue under a billion. I think it's like 900 million. And I think earnings are 300 million.
But something they like and they're paying for it. So I like deals. I love making deals.
So good, God bless. I'm good for them. Good for both sides too, by the way.
N-E-O-G. In other words, if they agree to the deal, the buyer is willing to buy it. So they see value.
Okay, good. Good for them. Hopefully it's a creative.
N-E-O-G. This is Neogene Group and the Corp. It's a healthcare. Medical Diagnostic company, good breakout there,
on volume. Let's see, PBF energy, oil and gas, breakout there today.
TAL, education group, TAL, big move there.
O-R-K-A, which is Aruka Therapeutics, healthcare, biotech company.
See here. Yeah, it's a biotech.
Edging out, not a massive breakout, but a nice little breakout.
N-EU, new market, chemical company. Nice breakout there.
shoe Steve Madden's shoes
S-H-O-O is a ticker there
Good action
On volume
On earnings I believe
CVI
CVI
CVR energy
Oil and gas
Breakout
DNTH
Another little breakout
Biotech company
ADPT another biotech
breakout
And that's how the market speaks to us
All I did was go to market terminal
And just click on the breakouts
And just go through them with you
One by one.
TXG
Next, genomics, another breakout.
So again, another biote, healthcare company.
As we go through, folks, that's how I start.
Next one, SBLK, Star bulk carriers, shipping company broke out today.
PFS, Provident Financial Services, broke out today, Regional Bank.
So right away, go to KRE, right?
Ship, S-H-I-P, C, Sean Energy, I think,
maritime holdings, another shipping company, ticker symbols, SHIP.
Good breakout there on volume, on earnings, I believe.
X-N-C-R could break out there.
It's a base on top of base, biotech company.
And you can go on and on and on, but you get the gist of it, right?
Fossil broke out today.
They make watches, F-O-S-L.
So that's how the market speaks, and our job is to listen.
Take your time.
There's no rush.
If this bounce is going to have legs, we'll get a lot more opportunities.
And for now, we'll just take it one day and time.
Up next, we've got Apple's earnings and a whole lot more.
I'm Adam Sarhan.
This is the one and only Investor's Edge.
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Gary Kaye who's out today. All right. So we spoke about a lot with the market, spoke about
what's happening, gave you a rundown post-fed. Let me wait for that music one second.
Here we go with the music. Hopefully that ends. Okay, here we go. So spoke about the fed,
spoke about GDP, spoke about possibly a near-term low. We're not sure. We're not sure.
We'll see what happens. End of the month has an upward bias. Spoke about dove-ish Fed yesterday.
market initially sold off after the press conference.
Well, it rallied after the Fed decision.
Then it sold off after the press conference.
And it ended really weak.
And then today had this overnight gap.
All right.
No news, by the way, the overnight gap, rates, interest rates, and all that fun stuff
moved a little bit.
But there's no peace in the Middle East.
There's no huge thing.
Microsoft was the big win last night from the earnings standpoint.
And Metafel, lots of other stocks reported earnings as well.
Today, after the close, one of the, one of the,
of the big things I look for when I go into earnings season, we're going now, and this is Market Terminal
has made this really easy for me, MarketTurnal.com, is extended hours. Like right now, literally,
right the second. So after the close, I have an extended hour section. I can see which stocks are
breaking out, which stocks are moving up, which stocks are moving down. Same with during the day, by the
way. It just takes it to the extended hours. After hours, I have CNO breaking out. CNO is a small,
It's an insurance company, financial company, about $5 billion market cap.
That's the one big breakout there.
As far as breakdowns, I don't have any notable ones.
Extended hours, movers up.
I have Amazon.
Now it's up about 9%.
MPWR, that's up about 9.4%.
And it's sorted by market cap, by the way.
G.H.
Guardian Health.
Another big mover after hours up.
A-L-A-B.
N BIS, up nicely.
First solar, FSLR is up about 4%.
Here's Apple's earnings.
Let's see what happens with Apple.
Q3 iPhone revenues 54 billion versus 53.6.
So that beat.
Apple's down, interestingly enough.
All right, iPhone sales beat,
but overall, stock initially is down
about 2.5% down about $8 to $3.26.
And again, you can see that in market terms.
and I've got an orange candle that shows me that that's down.
It's interesting.
It's just like yesterday where Microsoft was up big and meta was down.
Those are the two big stocks I reported yesterday.
Today, it's the exact similar situation.
Amazon's up big and Amazon, sorry, and Apple's down a little bit.
So we'll see what happens.
I believe this is Tim Cook's last quarter and then the new CEO is going to take over.
I'm not 100% sure.
But down about 2% now.
The initial reaction, still earnings are coming out for Apple and we'll give a time.
as always, we'll see where it closes tomorrow because that's what really, really matters here.
So again, going through these, the headline is Apple's down and Amazon is up after hours.
So going through, there's hundreds of stocks that report earnings on busy days and sometimes tens,
dozens of them that matter. You know, how do I sort it all? I used to have to go through different
sources. You know, everything now is available right there on market terminal.com and that's made it
really easy for me. I built it. It's my tool. Anyone can try it and use it. It's a free
trial. If you like it, stay. If you don't, that's fine too. You can cancel with the free trials.
It doesn't cost you anything. But I want to keep things organized. During the day, I like movers.
What's moving up? What's moving down? I have it sorted by market cap. After hours, right now.
Got lots of stocks moving. How do I keep track of everything? So you just go to movers, extended hours.
And I can see them. So Roblox, I said it was down just a few percent points. Now it's down about 12
percent after hours.
MTZ, another one that's down about 10% after hours.
Stryker Corporation, S-Y-K, down about 9% after hours.
Big down-down-candal.
Go Daddy, down about 7% after hours.
Coinbase spoke about that earlier.
Now it's down about 5.5% after hours.
Reddit, down about 5% after hours.
New Corps, steel company, down about 5% after hours.
And so on and so forth.
Tiva pharmaceuticals.
So there you go.
We were talking about biotech earlier.
This is a drug manufacturer down about 3.7% after hours.
And so on and so forth.
So I can see stocks that are moving up.
I can see stocks that moving down.
And this is how the market speaks.
Right now, after hours on market term, I have 44 stocks that are up after hours and 51 stocks that are down.
Slight bias to the downside.
Not a huge overwhelming bias.
Think of like a Libra sign that scale.
But this is just a slight.
bias to the downside after hours.
We'll see what happens.
Apple's from, remember, it's market cap that matters.
And in order for something to show up on the movers,
it has to be up or down more than,
I believe it's 3%.
But after hours, I still have,
it's gonna change a little bit,
but still have Amazon up nicely.
So we'll see what happens tomorrow.
We're still way below the 50 day.
There's been a lot of damage in the market.
There's no rush as far as I'm concerned.
we'll see if how we close tomorrow, that's going to matter because it's the end of the week and the end of the month.
So you can zoom out and look at monthly charts.
We have those in Market Terminal 2.
We have quarterly charts and the annual charts also, which I like to look at because to me that matters.
It's able to step back and look at the forest, not just the trees.
A lot of people focus on the intraday charts.
To me, that's just way too close.
Like myopic, it's too small.
I like to zoom out.
Some people look at dailies.
I look at dailies as well.
but really I want to be aligned with the trend.
The weekly charts, monthly charts, quarterly, annual charts, all those are available on market
terminal.
Why?
Because that gives me, hey, where's the forest?
If I'm looking at the daily chart, it's kind of like looking at the trees, missing
the forest.
If I look at intradate, it's like looking at the leaves on the trees and missing the trees,
at least for Adam.
Not to say that everybody's like that, no, but for Adam, that's how I look at it.
So I always do best in the weekly time frame, but I check multiple timeframes.
before I place trades because I want to be aligned with the trend.
You know, I could have a market going down like what's happening now in the NASDAQ or the
some of these other indices or tech stocks, whatever, but the S&P is 2.5% below an all-time high
and then an uptrend.
So again, it puts things in perspective, right?
Even the NASDAQ 100 down a lot, ugly action, it's down 8% from an all-time high, 9%
of an all-time high, still like blip on the radar when you zoom out.
So, yeah, Apple's still down about 2.5%.
Something they didn't like there.
We'll see.
Q3Q, let's see, Apple third quarter earning.
EPS was 202 versus 189.
Apple set June quarter records for both EPS and cash flow.
Let's see.
Something happened that they don't like.
The stock's down after hours.
We'll see what comes out.
I mean, it just came out, so it'll take me some time to go through it.
I'll do it after the show.
But for now, suffice to say, oh, even at Mac revenue, that's interesting, 10.35
billion versus the estimate of eight and change.
EPS included 11 cents favorable tariff refund impact.
Let's see here.
Yeah, that's about it.
So again, take your time.
Let's see what happens.
I believe that's all the time we have for today.
I always want to thank you very much for being here.
This is the one and only Investor's Edge.
This has been Investors Edge with Gary Coltbaum on BizTalk.
To listen to past episodes or to get in contact with Gary, go to Gary Kade.com.
That's GaryKey.com.
