Investor's Edge with Gary Kaltbaum - DETERIORATION [12.10.2024]

Episode Date: December 10, 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 Colp. I'm your host. A,

thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It's December 10th. It's 2024. Right? And it's Tuesday. Thanks for being with us. Always honored that you would be listening. In case you don't know, this is serious talk about everything that affects you. And we do cover everything, whether it be the elections, the new administration, the markets, the economy, your job, your industry, the debt, the deficits, and all the other nut jobs that are hovering over us. We shall cover it all without any bias, without any agenda, without any ulterior motive.

And if you do not get this radio show in your city, we'll post it at garyk.com. We'll also post it on our Twitter feed, which is now X. You can go to X and listen to the show there. We also posted on the podcast apps. There's a bunch of them. You can check it out there if you can't listen live. And of course, if you'd like to email me, just be nice. It's quite simplistic because we're always going to be nice back unless you email us and say you love Hamas. How's that? Or, well, you know what I mean.

Right? Right. Ladies and gentlemen, there are days where we don't have a lot to tell you on the markets. and then there are days where we do have a lot to tell you on the markets. And it kind of started yesterday when we did a show and said to you that, just want to let you know. That's my little line. Just want to let you know.

And we just went through a litany of what we called warning shots, whether it be the economically sensitive names, in the building construction. Recently, we gave you a big warning shot on housing. This was a couple of two, three weeks back, and they're getting creamed. We also mentioned the insurance stocks yesterday. We have been harping, big time harping on the semiconductor stocks, being in a bare market, bearish phase downtrend.

They got smoked again today. But the main theme of today, and it's, It's not to come out here and say, uh-oh, end of the world's at hand. It's here to tell you had more deterioration today. That's what we're here to tell you. And what we mean by that is, advance declines almost two to one to the negative. New highs big time contracting.

More names, breaking little near-term support levels. the strongest names that opened hot yesterday and reversed down badly, followed through today. Financials breaking a little support, not the end of the world. What else did we tell you? All the areas to avoid, oils, drugs, drug stores, though Walgreens, there's supposedly a buyout possibly out there. So that popped up a little bit today. A lot of the retail, hospitals,

we mentioned the insurance and that followed through today, and we even gave you a little one plus one equals two on insurance, thinking that what happened with this scumbag that was caught by the way and was yelling today while he was being perp walked. What I can't say the word. that there may be a big close look at insurance companies and the claims and the fees and the chart and all that crap and guess what one plus one d equal to another bad day for insurance stocks today so we're just we'll use the words the word deterioration in the market fewer and fewer stocks more and more Rolling over a little bit. Remember we talked about froth in the market? What did we tell you? Nuclear

stocks, they're now coming in hard. What did we tell you these rocket stocks? They're coming in now. What do we tell you about what are the robotaxy drone things? They're coming in now. A bunch of no sales things. They're coming in now. What does that mean? Some of the froth is now coming off. Not the end of the world. not the end of the world at all. We're just letting you know the market's getting a little defensive here and we'll keep you abreast of the situation as we move forward. Simplistic is that. The strongest stocks are coming in pretty darn good and what we're going to do with them is watch where they get defended which may take a little bit of time. We told you yesterday China had this big gap to the upside because China opened their yappers again. But we even said to you, but they're kind of saying

the same thing they said. Are they addressing the fact that the market wasn't happy anymore? Guess what China did today? It gapped down today after gaping up yesterday. And as we said to yesterday, I have no clue whether it gaps up or down tomorrow. All we know is we think there's some strife going on in China. Some strife. And we're not sure they're coming out of it easily, but let me, you know how they talk about the kitchen sink? Well, they're throwing in the kitchen sink, the bathtub, the ponds, the lakes, and the oceans to get things going over there. I don't know if it works. All I can tell you, they gap it up yesterday, gap it back down today, and some stocks got smoked.

We made a conscious decision yesterday. We're not buying the gap. Maybe one day we will. Don't know. But that's the story. But just overall today, mushy. Mushy is all heck. And we'll stay on top of it.

As best as we know how. We noticed some other things today. Little things. Goldman Sachs. An important financial to our eyes. Number one. it did not break above range. Remember, everything gapped up on the election, sat around, try to move above that little range, and now fall in below, and it worsened today on volume.

That's of note. Seeing it a little bit in other financials and other banks, JP Morgan did it a little bit today. And this is what we mean by deterioration. And as you know, we're just not, hey, look at this, look at that. scan 1,500 stocks and go through them with a fine tooth comb, even though what the hell is a fine tooth comb. And then after that, we'll go back to the sectors and go through different sectors again. And it gives us a very good feel. Some breakouts in the XLK, which is technology, failed breakout. Breaks out, tucks in like a frightened turtle. Probably getting that Not sure yet. Jury's still out on the small and mids and NASDAQ 100. Not sure yet. But without a doubt, again, some deterioration. Simple as that. We'll let you know if anything changes.

Other things that happened today, and we'll get to the numbers, Google was up 10 bucks, something about quantum computing, a chip called Willow, that what it can possibly do and how strong it can be. that was a real good move and a big move for that type of stock. Guess what I'm going to do tonight for about 30 minutes? Look up this Willow thing and see what it potentially means. Quantum computing. Man, oh man, we have to understand all these things. Artificial intelligence, quantum computing. The one thing I'm not is Stephen Hawking.

But we'll try and figure it out as best as we can. And then on the other end, Nvidia, the great AI stock, broke the 50 day-to-day, finished below it, losing relative strength. That could be of import, but then again, the semiconductor group is probably the worst acting group in the market.

That's to be watched. And keep in mind, just so you know, with all the talk from June, Nvidia's down 3%. not the end of the world and it's down now about 11, 12% from the high the day of earnings when it try to break out. Not the end of the world, but just letting you know some things have been changing and you should know about it and if it changes back, we'll let you know about that too.

But a lot of jello moving on the plate in this market. Dow was down 154 S&P 18, NASDAQ down 50, was down like 80 with three minutes to go, and I don't know what happened with three minutes to go. NASDAQ 100 down 72. The socks down 124, that's huge. Up next, what else? Plenty. I'm Gary. This is the one only investors edge.

Hello, hello. I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna. and I asked him, how can companies use AI to its fullest potential to create smarter business? My one advice to them, pick areas you can scale. Don't pick the shiny little toys on the side. For example. If anybody has more than 10% of what they had for customer service 10 years ago,

they're already five years behind it. If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive. Yeah. So we are not asking our clients to be the first experiment on it. We say you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process, because the biggest change is not technology, is getting people to accept that there's a different way to do things.

To listen to the full conversation, visit IBM.com slash smart talks. 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.

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. Cashflow crunch. On-Deck'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 with that. 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. OnDak does not lend in North Dakota. All loans and amount subject to lender approval. Hi, I'm Gary Kalpom, 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 complementary portfolio review. The number to call is 888-4-22-5-5-9. That's 8-8-5-9. That's 888-4-2-2-2-5-5-9. Investment Advisory Services offered through call-bomb capital management. 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. And welcome once again to Investors Edge. So without getting too technical with the markets, when I do my scans and all of a sudden I can make a list

and a big list with arrows down, that's the market changing a little bit. Not the end of the world, but changing. Like yesterday, I was able with all the financials that, most all, the first line of support for a lot of the banks and the regionals broke yesterday. Most were down today, with Goldman sticking out, a lot of arrows there. the big strength, some big arrows, some of the biggest, strongest names down 10% yesterday on monstrous volume. What does that tell you?

Probably more than probably a high for now. Does not mean they don't go much higher eventually, but for now. And of course, on a daily basis, we stay on top of them. And as I go through the list today, most of them worsened. Some of them bounced. Some of them like Tesla stands out. Apple stands out as really good strength. Others, not so much.

And it's our job to constantly babysit, stay on top of these things, and be in recognition of what exactly is going on. and that's why we'll look at the stocks, we'll look at the sectors, we'll look at the indices. And again, we noticed the XLK, which is a big technology index, broke out five days ago of a beautiful five-month trading range. Failed today, that beautiful breakout. And of course, an ETF is a bunch of stocks. And when you go look at the bunch of stocks that lead in that group, well, one of them's Nvidia, number two waiting in it. Nvidia's cracking.

And the list goes on and on. And this is how we're able to scope this stuff out. The other thing we have been telling you, and this is very important, what have we said to you on this show? There's like no bears. and when I say that, without tipping the hand, and is not a perfect science, but we have this feel of what the masses and the Wall Street people think at any given moment in time. And I see it, I hear it, I feel it.

There were no bears coming into this week. One person that I saw thinking that we can drop coming into this week because, let me tell you what they were saying, it's the end of year. This is the great seasonal strength. But they forgot something. You had a big pop off of the election. That could have been the seasonal strength. and let me repeat, that big pop off of the election is good enough for like a half a year's return. So maybe that was it.

Maybe what we do know, definably, semiconductors, bearish phase worsened today. Insurance, which we had said was topping out, worsened today. Housing, which we told you in weeks ago. We've been telling you about medical and biotech and drugs and hospitals worse than today. And there's a rhyme and a reason there. We do believe there is going to be, and the word is not assault, but there is going to be a big look at it by this new administration about what is being spent and where it's being spent and how it's being spent. And then you throw in a little bit of Kennedy, who as I've told you, I'm not really a fan. I don't, you know, and I think some people just because somebody's nominated by your favorite president to be, oh, I'm going to go along with it.

I don't like BS artists on any party. And I don't like when I hear somebody say, I never said that. And he's on video saying that. and I also hear oh every politician does that no not every politician does but a lot do of course and we'll see how that plays out

there's talk about what they're going to remove and what they're going to put and I've been always told that the Republicans are live live and let live let be and there's talk about taking this out of food putting that out in food

taking this out of food putting that in food you got to eat this one who are you what are you telling me what to do? We'll see how that plays out. Remember, we don't have a bias. We are no fans of any. We just want good policy that leaves you alone. I want rules. I want regulations. I want strong on crime. I want a strong border. I want a fair, efficient and effective government that's not screwing us with their corruption by the way from top down. And I'm don't want them tell me what to eat do you so we'll see how it plays out we'll give them every chance to do great things we wanted the same thing out of Biden he proved to be left of bernie

sanders and so was her and that's why they lost and now let's hope boy oh boy hope big time that they come in and recognize the we the people we the people they don't run the country we do They should set the conditions for greatness and leave us the hell alone. We'll see how it plays out. And we'll keep your breasts. They do great things. You're going to hear it from me. They don't.

You'll hear it from me. Case dismissed. What else today? What do we tell you about the economy? There's no way we're going into a recession. until the market cracks or economic stocks crack. And what do we mean by economic stocks? Well, the caterpillars and the dears, the United Rentals,

the cement companies, the construction companies, and the like. Not necessarily housing, by the way, because they can be affected by interest rates. And I'm just letting you know, United Rentals today opens up down 40 bucks. and breaks near-term support. And I bring it up because it really is my second favorite economic stock, and I saw absolutely no news on that. And in case you don't know what United Rentals do, they rent a lot of stuff for the economy.

Up next, what else stuck out? I'm Gary. This is the one-only Investor's Edge. Hello, I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Mbeta. We discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together.

It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to be a problem. have a legacy of building stuff. Yes. Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology?

There will come a point when it will mature. Right? Yeah. My cell phone is a mature technology at this point. How far are we from that point? with quantum. By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. 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 egg every time that I eat and it just becomes like a lifestyle where, oh yeah, you know, I just, I have a stomachache every day. Or I'm constantly feeling like gassy. And all of the 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. Flow Crunch. On Deck'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.

OnDak does not lend in North Dakota. All loans and amount subject to lender approval. We're listening to America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended.

You're going to feel better if you talk to him. Welcome once again to Investors Edge. So we also don't like Caterpillar being down 11. After being up big yesterday, reversing and down 11 today, don't want to see more of that. And as we told yesterday, a lot of economically sensitive stocks got smoked yesterday. Building slash construction, pipes, cement, fixtures, and the like. And now today, United Rentals. Maybe nothing.

We'll see. Don't know. Just reporting to you what is happening, how we are feeling. It's always your money you decide. But we're always having a wake-up call when more and more names go, bye-bye. Oracle finished down $12.70 today on their earnings report. But was down today, 19 and finished on a high note. Let's see if it sticks.

Important software name. Just overall, a bunch of red today. Transports bounced a little bit, no big deal. Oil's still very, very weak. I told economically sensitive. We got a lot of emails on China. I answered them all the same way. I don't have a clue about the next day.

And if I was a betting man, I would have bet it would gap up today and it gapped down today. Usually one follows the other. It did not. So that's the story of the market. I hear there's a couple of inflation numbers coming out this week. I couldn't care less. inflation is down the rate of inflation nobody wants to believe me because you don't get anything out of

blasting the Fed you only get something by blasting the politicians the fact is the inflation came from printing up to nine trillion bucks and notice the inflation came down when he stopped the printing duh that's what happened of course Biden didn't help by saying it was transitory and spending sickly amounts of money on nothing. We still haven't heard where the dollars have gone to John Podesta for climate, only a measly $350 billion of our tax dollars. So we hear there'll be inflation numbers. It's down.

If they do go up, oh boy. The problem is for inflation, that prices are still very high. Go look at your health insurance costs. Oh yeah, that's right. Obamacare. they told us our premiums would go down. One of the great lies of the last 20 years. And it was so easy to figure that one out.

Oh, we're going to put millions of people on health care and get rid of preexisting conditions, but your premium is going to go down. And of course, go look up the video of Jonathan Gruber, one of the architects who kindly told us all on video. It's there. Go check it now. That the Obama administration lied to us about Obama.

and the reason why they were able to light us because we're all stupid. He's on video saying that, by the way. Do you think the media covered that? No. Why would they do that? It was their guy. So a little deterioration into the end of the year. I don't see it as the biggest the deals,

but I don't like when I see the number one technology stock break in the 50 day. That's in video. Let's see if it can hold up. I don't like some of the leading growth names are starting to gag, though a few are remaining strong. I don't like that the financials break the 21 day here, though, look, a lot of things gaped up on the election, and maybe that's just too far, too fast, and they're going to pull them back and we'll revisit. I really don't like how the semiconductors are acting, and that is they go into everything. They go into everything, and they're just getting chopped up.

So stay tuned, we'll stay on top of it. The major indices, for the most part, the big indices are just fine, little bit of a pullback here, not the end of the world. If that worsens, we shall let you know. What I would tell you to be careful about is the speculation. We have said to you that a bunch of no-sales themes, some of them have gone vertical because of a theme. Oh, Robotaxis.

Oh, nuclear. Oh, drones. Oh, this, that, and the other thing. Oh, another coin. A meme coin. Oh, by the way, I mentioned yesterday about somebody who came out with a coin and it went down 90% the next day or something. I don't even want to pronounce it. It's that girl.

You know who I'm talking about? I don't even want to say it on radio. Go look up meme coin that dropped 90% overnight and you'll know what I'm talking about. Just be careful. The most money is lost. when everyone is bullish. It's the best way I can explain it to you. The most money is lost when everyone is bullish.

And we've had one big gigantic bout of it on sentiment. And again, we'll see. In the news, well, they got that murderer. And as I said yesterday, it is sickening that people are applauding him. They're plotting him from murdering a man in cold blood. By the way, like a coward in the back. And they're sick. One, I forgot her name, some journalist that has been kicked out of every place she's been.

She said she was joyful. Joyful. for somebody being murdered. And I'm thinking to myself, how does they look in the mirror? How do they sleep? If you want to debate what's being charged

or the claims of these health care companies, good. It should be debated. Joyful of a murderer? This guy's a creep and he's a wimp. He's a coward. He didn't engage in the man. He shot him in the back.

And he's out there as he was being Purpwalk, yelling and screaming, oh, the healthcare companies. Yeah, stick it, buddy. He's supposedly an anti-capitalist that says corporations shouldn't have profits. Well, you know what? For the rest of his life,

he's going to give a certain prison. Profits. Idiot. It's amazing to watch, ladies and gentlemen. The good news is it's a minority of people. It's a small amount of people that think that way. murder's good. That's my take on that.

And now we're going to get a deep dive and maybe hopefully something good can come out of it. Maybe something good can come out of it. And then the hero of the train being called a murderer, Black Lives Matters calling to get Whites. and you wonder, Gary, why you bring, well, what we do here is the markets, the economy, mixed in with things that affect the economy and markets. And I got news for you.

It does. Policy, major occurrences, affect things. And the hope is that logic prevails. AOC, we're being told she's a candidate for 2028, pretty much called the hero a murderer. And racism, of course. Insanity rules in D.C. Up next, what else we got for you?

I'm Gary. This is the one only investor's edge. Hello, I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Mbeta, we discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future.

Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right?

My cell phone is a mature technology at this point. How far are we from that point with Conton? By 2020. will build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. 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, Marcia 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. Cashflow Crunch. On Deck's small business line of credit gives your business immediately.

need 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. What are we waiting for?

Well, what are you waiting for? One, two, ready, go. Investors Edge with Gary Culper. And welcome once again to Investors Edge. I'm always asked how we keep up. So I'm going to let you know, we've done this a couple of times. We're going to do it again. What we use.

Just keep in mind we do not get paid to mention any of this. They don't know we're even mentioning it. I do not have any relationship with any of these people that I'm about to mention or software or places up front and do not take anything because of mentioning it. So we always use this thing called the Daily Graphs. And before the computers, they used to come in hard copy green and blue books. and they used to be delivered on Sundays, and I used to use a pencil and pen to handwrite on the charts. And of course, the computers, and they ended up putting the daily graphs online. They did it really well, which changed to Market Smith, and it's now called Market Surge.

This is from the people from William O'Neill who passed away recently. William O'Neill, Investors Business Daily, which is newspapers now only one day a week used to be every day, but they have this chart service and it just works very well for me. And what I'm able to do is pretty much go through 1,500 stocks in less than an hour. They have a little button that a chart goes by every second, 60 a minute, 60 a minute. and I can stop it immediately when I see something. I can also set it up via a sector. I can put up a sector and the list of charts come up just in that sector.

I can set it up with today's biggest movers up and down based on dollar amount or percentage. I can change that to stocks with the biggest percentage gain. in volume. So if a stock usually trades two million shares and today it traded six million, that's going to show up and I can start it from high down to low. And of course I don't have to go too far down. I just want the ones with the biggest volume change knowing that it could be some low price stocks, which I thumb through pretty quickly. On these charts, when earnings are coming, if there's insider buying and insider selling, they denote it. Any announcements of importance.

They also have a relative strength line. And what that does, it's a relative strength line between how is that stock acting versus the rest of the stocks in the S&P? Simple as that. and imagine if a stock had done nothing for three months, but the relative strength line goes into new high ground. That means the market's been doing poorly. Most stocks have been going down, but the stock is holding up like a rock,

and odds favor when the market stops going down, that's going to release and break out of that range. Vice versa, if the relative strength line is breaking, down while the stock is doing nothing. That means everything else is going up and it can't even budge and when the market weakens, it probably leads down. Greatest example right now is all the semiconductor stocks acting like the south end of a northbound jackass. So there's an actual relative strength line on there and price is versus little S&P line at the top.

It also has I can put in any moving averages that I want. Simple as that. I have a 21 day. Don't ask me why 21 day and not 20. I don't know. It just was told to me and it works. I have a 50 day. Mui importante.

And I have the longer term 200 day moving average, though I know some geniuses that use the 150. but if you own a stock that's down at the 200-day moving average, you're already losing a bunch of money. And we follow the stuff judiciously. They also have their own proprietary stuff in there that you can pay extra for and stuff like that, different services. They have a leaderboard, things like that.

But that's up to you. But I'm just letting you know what I use, and it just makes life very easy for me. If anybody would come into my office and watch me scan, they'd be amazed how easy it is to do. And there's other ways I can scan also by the most volume. The stock that trades the most volume during the day right now is Nvidia. Number two is Tesla.

Number three is super micro. I can start from there and go down. those are the most liquid names in the market, not a bad thing to try. But I pretty much, my big thing is already know what's going on because I'm watching the market during the day. I'm scanning during the day. And this is just a big recap after the close. So once I scan after the close, I pretty much have a darn good idea what the hell's going on and what I should avoid and all that fun stuff. So just letting you know what we use

And it's made my life easier I know people that like different looking charts I know people that use candlesticks Which I You know God bless them Others use what's it called the point in figure And I know some people that are geniuses with that And you can go look that up

There are different ways People use Bollinger bands when you go too far to the upside, it's ready to pull back, too far to the downside, it's ready to bounce. There are different strokes for different folks, and then there's Warren Buffett who don't give a crap about this. And frankly, I can't blame him after everything he's done throughout the years. And that's the story. It's called market surge, and I just have to repeat again. They don't know I'm even bringing it up.

We get nothing. I know nothing about them. just letting you know what we do. That all said, TV tomorrow, I'm not sure. But you have a good evening, 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. I have to say it again. Thank you so much for all the condolences on my father. We have received thousands of emails, and I'm answering them all. Stay well, be well until tomorrow. Good night all. Peace out. Bye-bye.

This has been Investors' Edge with Gary Cult Bomb on Biz Talk. 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 to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John, comfort perfected.