Investor's Edge with Gary Kaltbaum - Jobs Report & Week In Review [09.04.2026 w Adam Sarhan]

Episode Date: September 4, 2026

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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 CultBomb. And welcome once again to Investors Edge. I'm Adam Sarhan, in for Gary Kay, who's out today. Today is Friday. I can't believe how fast time flies. September 4th, 2026.

A few more weeks, we're entering the fourth quarter, and 2026 will be over. But for now, September 4th, and one of the long, heading into a long weekend. Monday the markets are closed. I want to thank everybody for being here. This is the week in review. So we're going to talk about what happened this week, what happened today with the jobs report, what's coming up going forward. In other words, looking to the left of the chart is the past, looking at the chart right now, the present, and then looking to the right of the chart, which is the future. So a few things. First off, show by your money. If you go to garyk.com, you can rewind fast forward, listen to any of the shows anytime you want or any part of this episode,

anytime you want, all for free on any device. You can also subscribe to get Gary's morning notes sent directly to your inbox. You can email Gary, ask about his money management services, or if you want his premium convictionleaders.com service, you can sign up there for a free trial. All right. A few notes I'm going to share from Gary directly right at the top of the show to make sure I do my part as a messenger and get Gary's message. sent over to you effectively. So Gary thinks is a good chance that the semiconductor stocks and

artificial intelligence, the AI stocks, might have put in a low today. The question is if it is V-low or A-Lo. In other words, if it's A-low, that means it can keep going down and then have another low and bounce a little bit, go down. If it's the low, that means it's going to go up from here and this is V-Lo. So that's the difference between the low and A-L-L-L-L-L. All right, Gary's two favorite that he's been talking about every day on radio and Micron and Sandisk. Micron is MU. Sandis is S-N-D-K. They both turned up nicely today with the rest of the whole group following to a certain extent. The employment numbers were better than expected, the jobs report today, which came out before the open,

but every revision has been down, but we'll take any good numbers. Tesla made this announcement yesterday that Gary thought was just news, old news, excuse me, and it gave back just about all the move and then some today. Software is weakening again, crypto and normal pullback. But the most important story from Gary's point of view, the semis semiconductors and artificial intelligence trade is much better today. But most names are still below their respective 50-day moving average lines, and some are way below that.

So the job now is to gauge strength. And the reason why Garys keeps mentioning Micron and Sandisk was purely about their relative strength and they're proving it today. Now, yields were pretty much flat that are quiet, and that's also to be watched. So those are the notes directly from Gary. You want to do my job as the messenger and make sure I convey those notes. My thoughts for the market, if you look at the CNN Fear and Greed Index, I just published my weekend report on fineleaningstockcom. And the title is fear, question mark, markets near record highs. The S&P 500 is about 1% below. its all-time high. The NASDAQ 100, got above its 50-day moving average this week. It's about

4% below, I'm going to round just for the sake of simplicity, 4% or so below its all-time high. Folks, the S&P is 1% below its all-time high. If you Google, CNN Fear and Greed Index, and you just look at what it shows, it's literally on the fear side of the gauge, which means more people, based on the different, criteria that determines how that output looks, most of the criteria, most people are bearish or fearful right now. Fear is taking over, so to speak. And that, it oscillates between fear and greed and extreme fear and extreme greed. Right now it's in the fear section. You can, again, Google CNN Fear, Greed Index. You can see it for yourself. Meanwhile, the S&P 500 is 1% below its

record high. Again, fear, but 1% below its record high. Well, all right, something. he's got to give. There's a disconnect there. So from my standpoint, it's like, okay, I want to listen to the market. I want to pay attention to what's actually happening in the market. I'm not going to make up numbers based on what I think should happen or forecast the future based on this or based on that or whatever the case may be. I'm focused on what's actually happening right now. And equally important, how do I interact with the market in a way so I can be prepared to win in the event that the market decides to go in any specific direction. So with the market 1% below the S&P, you know, it's not going to take much for the market to break out and hit new all-time highs,

especially with fear being the prevalent theme, September, October, historically have been weak months. And we're heading into a midterm election, which I think the last 10 midterm elections had double-digit drawdowns, mean the market's fall, fell double digits before that midterm. And that could happen again this year. And I want to be very clear. That could easily happen. We can roll over, have some distribution, have some heavy selling show up, and the market has another leg down in a heartbeat. But also, we can break out and hit new highs and have a nice strong rally into the end of the year in the same, the next heartbeat. And when you're in this base, which is a sideways trading pattern, which is what we're in now, You know, we had a very big rally in Q2, and pretty much for Q3, we've moved sideways to consolidate that move right below record highs in just about all of the major indices.

When you get that, and that happens, you're in that sideways base or that sideways trading range. One of my trading rules is the next move wins, meaning either you keep going sideways, up and down, up and down sideways in between support and resistance. But eventually, you're going to break out above resistance or you break down below support. That's just the way markets work. Again, next move wins. I'm not going to predict what's going to happen. I have no idea what's going to happen. Nobody does.

And that's okay as long as you respect risk. And folks, that's one of the single most important things I can share with you. It's that extreme, extreme focus on risk versus reward. Most individual investors are new business. or even professionals. A lot of them, you know, I interview, I have a show called Smart Money Circle. I interview the Smart Money on the show,

$1 trillion in big money managers and CEOs of publicly traded companies, had some billionaires in the show, some really smart, super, super smart people. And one of the guys that had him, you're not buying and selling stocks, you're buying and selling risk. So what does that mean?

The smart money, they're the best risk managers and the dumb money to use, sorry for the word, but however you want to explain it, the ones that consistently win versus the one that consistently lose, let's put it that way, or the ones that are focusing on the reward side of the equation, and they don't really focus too much on the risk side. But that's where the money is, the risk side.

Because if you can keep those losses small and let the winners run, over time, you'll do very well. And when you're in this sideways trading range, be very, very, very careful not to overtrate. Because if you're buying and selling all day every day, which by the way is so tempting because that's action. It's boring to sit and watch, but that sometimes that's required,

especially when the market's not trending well, which is going sideways, but people like action. And then again, that's when the emotions come in versus the rational side of the equation, which is the premise of my book, psychological analysis, right? It was number one on Amazon for that simple reason.

It teaches people how to make rational, a lot of emotional decisions. Have a way to put guardrails up. Dahlio talks about this lots of people talk about this it's really really important because if you're in a situation where it's like oh okay I'm in control here I can make intelligent decisions great got it's boring be ready for the next move I'm not saying don't trade don't do anything to do zero no but just understand if you get caught in that

trap of overtrating it could have a negative effect especially if the market not moving. Protect, preserve, the mental capital and the physical capital. So if and when the market does break out and hit new highs, you're ready and prepared and not chopped up into sideways, choppy trading range. Because pretty much, by definition, sideways market, you know, a lot of things are going to go sideways. A lot of breakouts aren't going to work. A lot of breakdowns are going to come right back up again. Just going to go sideways, sideways, sideways, sideways, sideways. And bore people and chop them up. That's what happens. Because they want to the action. There's that dissonance and a disconnect. But Adam, I mean, just patience. Patience is a

virtue, especially in this business. Patience is muy and portanto, super important is what I can tell people. Super, super important. And don't force it. And some of the, I'll spend a lot of time talking about timeless advice for the show today, because again, I'm not a half of them, but when I am, I'd like to leave you with some nuggets of wisdom that you can use after. and before, but don't force it. Don't force trades. A lot of people are their own worth enemy. They get caught in their head. Remember, Tony Robbins, Jim Rohn, they have a great line. It says, caught in your head, you're dead. You get caught in the law, la la la. Brain can go into eight million different directions. Most of the time, not in good ones. You have to control it to

make sure it's a good one. Control that narrative, that internal dialogue. Stay aligned with what's happening. All this negativity, the jobs report came out way above expectations. Economy's strong. Inflation's above 2% for a long time. I think it's a few years now. Fed's got to do something. Maybe they just hold rate steady. Trump wants in the cut. We'll see what happens. But for now, more importantly, how the market reacts. For now, just take your time. That said, up next, we've got a lot more to cover. I'm Adam Sarhan. This is the one and only investor's edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people.

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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 888-4-2-5-59. That's 8-8-5-59. That's 888-4-22-55-59. 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. In case you're just joining us or missed any part of the show, you can go to GaryK.com, rewind, fast forward, listen on any device, anytime you want, all for free. All right. So we spoke about the market week in review, we have the market, the NASDAQ 100 specifically, kind of coming up to the right side a little bit, got above the 50 day, we'll see if it stays above the 50 day. Zooming out, we're still in a sideways trading range right below record highs. Even with inflation above 2%, you still have the market near all-time highs. You possibly have the Fed, some of these big banks and analysts expect the Fed to start raising

rates. The chances of a Fed hike has increased, substantially, especially if the economy overheats, they've got to do something to slow inflation down. But guess what? Market doesn't seem to care for now. Now, that could change by the close. We'll see. I saw a headline that came out and Putin said, hey, we want to help improve our relations with the U.S. and might end the war in Ukraine or something along those lines. You can get one good headline and boom, you're off to the races. whether it's Iran, it's Ukraine, it's the U.S., it's something. But the fact that we refuse to budge meaningfully, again, I'm listening to the market.

Not the pun, not the pundits on, you know, this, that, and the other thing, it's opinions are, I get bombarded with people telling them what they think should happen. If I had a dollar, right, one of those things. So that's, that's that. Next, if the AI trade and the semiconductor trade, the trade wakes up again, that could be fuel to send the market higher. Again, I don't want to come across and say, oh, I'm super bullish and the market's not going down and so on. I'm just paying attention to what's happening right now, the present.

And if we roll over and start selling off, take out the recent lows, and volume picks up, I'll get a lot more defensive extremely quickly. I have an investment system. It's called AMPD, AMPT. AMPD. A is for advanced entry points, buy a little bit early, by the breakouts,

buy on the right, as it's coming up the right side, bouncing off of moving averages. There's a whole chapter in the book about it. M is market conditions. Align yourself with the market. Belong in the bull market, short in a bare market or out in the bare market,

that kind of a thing. Don't fight the tape. You know, that whole concept of being aligned with the market. That's A, that's M. P is psychological in. analysis. No. Your state, your mental state, are you off? Are you on tilt, like they say in the gambling world? This is not gambling, but similar comparison to that that state of being just off or you want. Sometimes you're hot, sometimes you're cold. To use other language, it describes the same phenomenon. Same thing. Do more of what's working, less of what's not. And careful, because like everybody and like everything in life, athletes, market. trading, there's cycles to being on and being off, being hot and being cold. After every big up trend, you get a downtrend.

After downtrends, you get uptrend, so on and so forth. So we have a situation where the environment is strong, but understand things can change. And if they do change, be prepared. And that's the end. Like, be flexible in your approach. psychological analysis, your psyche, and then the market psyche, not just yours. Right now, most people in the market, CNM's Fear and Green Index, are fearful. Okay, that's their choice. I'm not sitting here judging them. I'm just telling you what the facts are. I'm looking at

the CNN Fear and Grin. The things that make them up, that just tells them, tells us that sentiment right now, fearful, fear is taken over, so to speak. Okay, markets right near all-time highs. And then the D is defense first. So always respect risk. And again, I've studied the biggest, most successful people, going back not just 100 years in the U.S. stock market, but really economic cycles going back thousands of years, hundreds and hundreds of years, not thousands, but hundreds and hundreds and hundreds of years. As long as economic data, I could find it. And you can see these patterns because human nature never changes.

Right? What's the market? If you look at the tulip market hundreds of years ago in Holland or you look at the dot-com market when I started trading in the late 90s Boom and then the bust the housing boom and then the bust into 08 You look at the AI boom now Okay Look at crypto how many times it's gone up and they've gone down so on so it's just human nature folks. It doesn't change 100 years ago as railroads with a big disruptive force in the economy and then Then maybe more than 100 years ago, 110, 115, then you had the airlines and the cars and, you know, so on and so forth. Human nature is the one constant throughout history.

The names might change. The markets change. The centuries change, but the one constant is human nature. And that folks is super important to understand. Because once you understand it, you can rise above it. If you ever, if you're a human, if you have a mind, you have biases. It's called cognitive biases, right? we all have him.

Most of us aren't aware of them. We have recency bias. I mean, there's personal blinds about bias. I mean, there's so many outcome bias. There's so many things that impact our decisions. I have a whole chapter in the book called Cognitive Biasis. If you have a mind, you have biases. So how do we get to a situation where we can really just understand like Ray Dahlia talks about?

It's another one of those. Meaning, if you study history, you'll see that this has occurred before. I'm not the first person to trade the stock market and have emotions take over and cloud my judgment. And I'm not aware of it. And I think that I'm making intelligent, rational decisions when I'm really making emotional decisions. So on and so forth, right? Well, okay, we know that it's another one of those. If I have a mind, I have biases.

Let's learn those biases. Let's see how they impact my decisions. And let's learn from them. And let's learn how to act actuality, how to actually play the game. There's difference between reality and actuality. The reality could make up something, you know, oh, this is my reality. What's actually happening? That's what I'm focused on.

And they get my internal reality aligned with that external truth of what's actually happening. And of course, respect risk. The firms, the people that blow up in this business and in other businesses too, really just comes down to not respecting risk. if you have $100 and you risk a dime and that dime goes to zero, you're okay. If you risk a dollar out of the $100 and that dollar goes to zero, you're okay. You have $100 and you risk $400 of an idea and that idea goes down by 25%. You're pretty much wiped out.

You lost your $100. Or if you have $500 and do that. However, you want $450, whatever it is, right? you get the spirit of what I'm saying, not the actual numbers, but the spirit of the law, not the letter of the law, right? If you're over leveraged, a small normal pullback could wipe you out. If you have too much leverage on, 5x, 4x, right, double leverage. So respect risk, folks.

I can't emphasize enough. If you have a hard time trading, trade smaller. If you're losing sleep at night, trade smaller. If you get the sweats and after you put your, you hard. Heart races after you put a trade on. Take smaller size. Remember, you're in control of when you enter, when you exit, and how much you risk. All right, that being said up next, we have a whole lot more to cover.

I'm Adam Sarhan. This is the one and only Investors Edge. 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 bad. if you talk to. And welcome once again to Investor's Edge. In case you're just joining us or missed any part of the show, I'd like to invite you to go to Gary Kay.com, rewind, fast forward, listen to any show you want, any episode, and any device all for free.

Even this one, you can pause, fast forward, rewind at your convenience. I spoke about a lot so far, major indices, trying to come up the right side. We're right near all-time highs. Fear is taken over. CNN's Fear and Greeting. that fears high. Meanwhile, the jobs report came in stronger than expected, which is an encouraging

sign. We'll see if it stays there. Sometimes it gets revised lower, but for now it's an encouraging sign. Next thing I want to talk, spoke about psychological analysis, some of the things with the mental, the mental capital versus physical capital, how to take proper inventory of your thoughts and of your internal dialogue and speak to yourself kindly and nicely and not be as tough and hard on yourself as our brains want to be. Think if you were talking to someone else or talking to a child, you know, talking to a high school or would you want to talk to them the way you talk to yourself in a negative way? I used to be really tough on myself to the point where it wasn't good.

I still am at times. I'm human. What am I going to do? I do my best to take control and stop it right away and flip it. I have young kids. What I'm going to tell them? You go talk to them the way talk to myself? No way.

and it's not helpful. It doesn't serve. So adjust that. Find that optimism. Find tomorrow's the best. Best things are in front of us, so on and so forth. So I said at the beginning of the show, we'll talk to the left of the chart where we were. We had a big run in Q2. We're consolidating in Q3. We're setting up for a strong Q4.

Until we see any heavy selling show up in the market, we're setting up, my humble opinion, for a strong Q4. Now, if we roll over, see some selling, I will change my stance. But right now, we're very close to all-time highs and all of the major indices. And you zoom out to a monthly chart, weekly chart. You can go to market terminal.com and see we have annual charts. And you can see a lot of stuff there. But the whole idea in one sentence is big institutions use terminals to win. Guess what?

This is a terminal for individual investors. And we can too now. We level the playing field. Empowering retail investors, empowering investors by giving them access to information that saves them time is the whole. idea of it's the mission it's it's a higher purpose right so all right when you look at the market where we are now the weekend review we can look at things we know inflation sticky it's it's above 2% they told us the Fed it was transitory temporary it wasn't

it's still there now it's been years look at the last four five six weeks I'm on market terminal now and I'll pull up a chart of corn CORN wheat there's an ETF called W EAT is thicker that tracks wheat prices and look at a weekly chart, CRN, S-O-Y-B, soybeans. Just look at those three, corn, soybeans, and wheat. You want to look at anywhere you want. It doesn't think market terminal go anywhere you want. And just look at a weekly chart.

They have huge moves up in the last several weeks. What does that do for inflation? Because when I have the jobs report's done, what's coming next? Let's look to the right of the chart, the future here, right? Okay, we know inflation's coming up. You have the CPI, the consumer price index and the producer price index, and the next thing we're going to see right around the corner is going to be inflation data. We had the jobs report.

All right, that's done. The Fed's got a dual mandate. Jobs and inflation. Just simple. Okay, here's the jobs report and check that box. Take a breath. Next one, inflation. Look at U.S.O, which is oil, energy.

Look at the XLE, the OIH, the XOP. Those are all ETF to track energy stocks. Those are some of the strongest performing areas of the, market this year, energy stocks because of the Iran war because the oil prices went, you know, from 60 to 90 or whatever, 30, it's a massive move up. Oil is energy. Food, corn, soybeans, wheat, so on and so forth, also up a lot in the last several weeks. So you have food futures, energy, ETFs, whatever you want to use, corn futures, stock future. It doesn't matter to me. ETFs or future since price of corn has gone up a lot.

Price of soybeans, price of wheat. Well, what does that tell me? Price of oil. So food and energy have gone up in the last four, five, six weeks here. All right. We're going to get inflation data right around the corner. I'd have to expect that that inflation data is going to be higher, not lower, than 2%.

We have a jump in inflation. And a lot of people might get caught off guard if they watch the markets, which impact inflation. They won't be, but most people don't do that. So, all right, what story are they going to tell us then? It's temporary. It's transitory. So I'm expecting inflation to go up. If that happens, it's going to put more pressure on the Fed to quote-unquote raise rates, not lower. Trump came out today and said he wants the Fed to cut rates, even with jobs stronger than expected. Okay, we'll see whether they do it or not. But for now, you know, the Fed's got a dual mandate. They need to get inflation down. Inflation's not going down.

and they need to keep unemployment low, keeping jobs people employed. Thankfully, that part, they can check that box. So they can afford to raise rates a little bit, put the brakes a little bit on the economy, help inflation come down a little bit. But we'll see what they actually do because a new Fed guy came in with the premise, the wink, wink, you know, hey, I'm going to cut rates. He didn't directly say it. It wasn't a, you know, you have to come in and cut rates.

But the other guy was basically fired because he didn't cut rates. So you can connect any thought you want. I'm not connecting anything and I'm not applying anything. I'm not saying anything. You connect whatever you want to connect with that. We'll see what the actions speak louder than worse. We'll see what the actions actually happen. But if you're the Fed, I always like to play the game of what if I'm in that guy's seat?

What do I do? My job is to cut rates or is it to help bring inflation down? Jobs to bring inflation down. What has to happen? At some point, if the inflation keeps going up and rates stay steady, you know, at some point, you're going to have to raise rates. And if that's not the case and inflation doesn't go down, what I don't know what else to do? You just sit there and do nothing. You may be rates as is, and that's enough of a statement.

And you don't do anything for the rest of the year. That itself could be a cut. You know, however you want to interpret it. It's not really a cut, but it could be interpreted as a cut. Because, hey, Mr. President, we didn't raise rates. Well, that's good enough. I don't know. I'm not privy to those conversations, nor I have any interest in being involved or even opining

or even sharing my thoughts on what could happen. All I know is inflation's probably going up. Let's see how the market reacts to that. Let's see what those inflation reports are when they eventually come out. Again, part of this business is thinking forward. Not predicting, notice I'm not predicting what the market's going to do. All I'm doing is looking at the information in front of me right now. Food and energy prices are up in the last few weeks.

we're going to get inflation data about what happened in the last four weeks. Connect that dot. I don't know what I'm saying. It's not rocket science. So that's important. It's really important because that's where the market's focused on right now. Understanding that collective consciousness or that psyche of the market where the attention is focused on is super important. Why?

Because what happens is is that it helps you be prepared. And what do they say about preparation? Ben Franklin told us a few hundred years ago. Failing to prepare is preparing to fail. It's not my line. It's absolutely brilliant and he's absolutely right. Failing to prepare.

So if you don't prepare, you are preparing to fail. My kids, my daughter's in high school this year. My son's in elementary school. He's going to middle school next year. Kids, you have a test coming up, a math test coming up next week. Are you going to prepare for it? Or you're going to wait until last minute and cram? Or are you not going to prepare for it?

And if you don't prepare for it, you think you're going to do well? No, you're preparing the failed test if you don't prepare for it. Now, if you prepare for it, a little bit every day, the test comes, you're probably going to do really well. What do you want to do? It's your choice. I'm not forcing them to do anything. It's just very simple. It's up to you.

Preparation. So powerful. The power of anticipation. Remember, the market can only do one of three things. It can either go up. It can go down or it can go sideways. Any stock can only do those three things. Up down sideways.

Any ETF, same thing. Up down sideways. Currency, commodity. Same thing. Any freely publicly traded instrument can only do one of those three things. Up down sideways. And before I enter, before I buy anything, I always ask myself, any decision I make, where am I going to enter, where am I going to exit,

and how much am I going to risk if I'm wrong? I'm going to go to the movies. What time do the movies start? What time is the movie over? How long is the movie? And how much my time is it going to take for me to be there? That's it. Not like I'm sitting here saying, oh, my time's super valuable and I can't do anything.

No, I'm happy to go, movies go do anything. I'm just using the movies as an example. What's the risk there? The risk is time, right? But if it's a middle of work day and I've got other things to do, I can't just go take off and go to the movies. Maybe some people do, but I'm choosing not to do that. That's too big of a risk for me.

Because in that case, my time is more valuable than sitting in a two-hour movie in the middle of a workday. So, no, I'm not going to take that trade. Sorry, I'm not going to the movies in the middle of the day. The weekend? Sure, maybe. Why not? Absolutely no problem. So again, a lot of decisions are thinking in trades, risk, reward, so on and so forth. All right. Up next, we've got a lot more to cover. I'm Adam Sarhan. I want to thank you very much for being here. this is the one and only investors edge.

You're listening to What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Investors Edge. With Gary Culper. And welcome once again to Investor's Edge.

In case you're just joining us or missed any part of the show, you can go to GaryK.com, rewind, fast forward, listen, anytime you want any device, all for free. All right, so a few things here. We had the jobs report came in stronger than expect. I don't have a few minutes left, but I do want to, let's see here, summarize things and put that trade, the weakened perspective and proper perspective for us so we can make sure we are aware of what's up. The environment is strong.

Let's put it that way. Sometimes, things change and we can easily roll over. The headline right now on most of financial debt news is Trump doubled down on his threat. the Halt trade with top partners unless the Fed cuts rates. That's putting pressure, not putting pressure, leave it to you to decide what that means. So from my standpoint, there's, again, to me it's a mental capital, right? That's what really, really moves a needle and being prepared. So if these semiconductor stocks start waking up, so semiconductor stocks start waking up.

Little tongue twister there, but they start waking up. Guess what's going to happen? It's going to be big moves in a very short amount of time. And then all of a sudden, oh, what just happened? I can't believe it happened. What? The power of anticipation. Again, it's not predicting.

There's a difference here. Up down sideways. All the stock can do. It goes down and go sideways. Am I prepared if the stock goes up, if the sector goes up, if the group goes up, if it goes down or if it keeps going sideways. After the breakout, anyone could tell you, oh yeah, the stock's higher now, this group is strong,

but where were you for the last X amount of days, weeks, months, a year? You know, that kind of thing. In my weekend report, I'm finally leaving stocks, I went through all of the sectors that I follow, and I sorted them by strength, year-to-date strength. It's important to know what areas to be in, what areas to avoid, what areas are leading, what areas are lagging.

There are some areas that are literally down this year. Down. Sectors, entire groups in the market that are negative, down. So for me, being able to know strength and listen to the market, like I always like to say, listen to the market,

it's really important. On market terminal.com today, top stock breaking out all day was in the video. All right. They report earnings, earnings, are up triple digits, something, something matters, right? That's important. It's a big, big, big difference here. And you see the Nvidia breaking out and then all of a sudden sand disk goes up and the NASDAQ 100 this week is a week in review, right? And the big thing for me, the NASDAQ 100 is above

the 50-8 moving average this week. That's big. So again, I'm not saying go predict what's going to happen in six months, in a year, in a week, in a month. No, I'm just saying, be prepared in case that event occurs. And by the way, if it doesn't, and we roll over and we see some heavy selling, enter any negative headline you want, guess what? I'll get a lot more defensive very, very quickly. But in the meantime, with the next move wins,

that's my trading rule, one of my trading rules, again, next move wins, when you're in a base like this going sideways for months and months and months and months, like we've been pretty much all summer, which is normal after a big move up, it has to consolidate. You're in a situation with like, okay, pause.

Let that thing go sideways. at base, but be prepared, folks. That's the key. If we do break out and have a leg higher, I want to be there. How do I know what's breaking out? How do I know what's working? I've got market terminal in my back pocket. I can see the breakouts live, real-time breakouts on market terminal. I can see what's breaking down. I can see stocks setting up to breakout. Stocks sorted by market cap. I've got large-cap breakouts, mid-cap breakouts, small-cap breakouts, and setups. I've got large-cap setups, small-caps setups,

mid-cap setups. The work is done for it. Most of the work is done for me. It's why you can automate a lot of things. Someone said, hey, you know, actually my younger, my kids are learning long division, right? Why don't we just use a calculator? Yeah, you have to learn it.

Once you learn it, then you can use a calculator. Now as an adult, and I'm not going to sit there asking you to pull out a piece of paper and do a long division. Just pump it into a calculator and you're done. But you should know how to do it. Right? So same thing with everything. It's that power of preparation, the power of being prepared.

The power. It really is power. The peace of mind. All of that gives you an edge. The investor's edge, the name of the show, gives you a powerful edge. Why? Because now, yes, you're going, by the way, you're still going to miss breakouts. Nobody that I know catches every single breakout,

buys exactly the right time at the bottom and the cells of the top it's it's fairy tale land the good news is you don't have to one or two good stocks for the entire year good trends could make your year if you keep you also small i always like to joke around with the proverbial high school boy who goes into the dance and wants to kiss all the pretty girls it's not going to happen realistically you just you don't need it you just need more and you're very happy same thing with the market you're not going to i used to beat myself up i can't believe i miss that one i saw it and then another one. I can't believe Adam. How could you miss it? I use a lot of other words. I'm not going to use them now. But you get the point. And I beat myself up. It's not a good trade. Every decision now,

I look at it like a trade. Risk, reward. Up, down. Enter, exit. That's it. Hey, you want to go to the beach this weekend? Yeah, sure. There's a reward there. What's the risk? Take two hours out of the day. Drive there, drive back, hang out 20 minutes in the beach and the sun. Maybe 15 minutes. I don't spend time in the sun, that much time in the sun. Go in the water, have a dip, come out, see you later, bye. Great. That's it. Go. Have fun. Days of going and sit and spending all day at the beach doing nothing and beach bomb in like eight hours in the beat. I'm not doing that stuff. Someone else can. God bless them. I'm just, it's not for me at this stage of my life with the what I have going on. It's not going to happen. They have no interest in doing it. Doesn't mean I won't in some point in the future. But for now, yeah, not for me. That's okay. Someone else might want to do it. That's okay. Again, value investing, growth investing, long, short, up, down, sideways. It's okay for each their own. Providing the strategy works. And if it doesn't work, don't keep doing the same things, expecting different results, which a lot of people do.

Because we're creatures of habit. Wake up at this day. Hey, are these habits serving me? Yes or no. And if they're not serving me, if I'm not getting the results I want, get help. Paul Tudor Jones, one of the most successful investors and traders in history, has a coach. Tony Robbins is a coach. He's paid a million dollars a year for 30 years, I think,

at a 25 years, some crazy thing like that. Every year, even at his level has a coach. Michael Jordan has a coach. I just watched a documentary about Nadal on Netflix. Great documentary. He has a coach. Jokevich has a coach. Greatest ten of the players are all-time.

Coach. Again, I mean myself, Adam. Go to lots of people, get help. Any chance I can. Improve. Get help. Get the edge. And be honest.

That's all the time we have for today, Everybody, enjoy the long weekend. I'll speak to you again soon. Thank you very much for being here. 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 GaryKK.com.