Investor's Edge with Gary Kaltbaum - Tech Continues To Lead [06.02.2026]

Episode Date: June 2, 2026

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Starting point is 00:00:00 Investors 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. And for Gary Kaye, who's out today? Today is Tuesday, June 2nd, 2026. We have a great show for you tonight.
Starting point is 00:00:22 And as always, I want to thank you very much for being here. All right. So before I jump into the show, I do have notes to read from Gary. Have a lot to cover. but just some housekeeping before we dive in. This is a show about you and your money, all the fun points in between. If you don't get this show in your city,
Starting point is 00:00:39 you can go to garyk.com. You can listen live or archive. I know I have a tendency to speak on the faster side. I have a lot that I want to cover. It's so much to say it's a little time. And the time just flies by. So the good news is you can pause or wind, fast forward at your convenience 24-7 on any device
Starting point is 00:00:57 anytime you want. So all for free. That's all on GaryKat.com. You can also follow Gary on X, formerly known as Twitter, by just pressing the button. You can subscribe that Gary's more notes sent directly to your inbox for free. You can email Gary about his money management services. Or if you want more, his premium service is available. Take a free trial at convictionleaders.com.
Starting point is 00:01:18 Once again, that's convictionleaders.com. All right. So that's high level, some of the important things that just to keep you up to do it and what's happening and all that fun stuff. Gary is out today. he's at a SpaceX investor IPO event with some really big investors. So he asked me to cover. I'm always happy to be here. And thank you everybody for the kind words and the feedback that you send over.
Starting point is 00:01:42 It means a lot. And I do my best to share timeless and timeless advice with you on, you know, give you nuggets of wisdom that I've learned along the way that I wish somebody would have given me years ago when I got started and or help you look at things like zoom out because I'm not here every day. So I don't have to talk about the specific. and what happened today, what happened yesterday, this, that and the other thing. Just zoom out, high level.
Starting point is 00:02:03 What do the separate the signals from the noise? You know, what's important? What moves the needle? Those are signals. Steve Jobs talked about him. Elon Musk talks about them. And then separate the noise. And then give you some of those timeless nuggets to help you hopefully make better,
Starting point is 00:02:18 more informed decisions in the market and outside the market too. I'm very big on optimizing and improving performance. I love success. I love studying people that are successful in any endeavor. I used to play tennis. I just watched the Raphael Nadell. The documentaries called Raffa. It is absolutely fantastic for anyone that likes winning and, I guess, performance.
Starting point is 00:02:45 The story is absolutely remarkable, inspirational. And the amount I read biographies about successful people. You know, the amount of work that Rafa did when he was younger is absolutely. absolutely next level. His uncle was his trainer and his uncle was next level. Like on a different frequency. Think of AM FM you have frequencies. This guy was on a different frequency ever since Raffa was four. So Raffa Antlandale had a broken foot because the uncle had him playing so hard as he was younger. The foot grew in a weird way, had so much pain and he still powered through it and became one of the greatest tennis players ever to live. Literally ever. I mean,
Starting point is 00:03:28 unbelievable. So the tenacity, the drive, the grit, the determination, the focus, the ability to overcome obstacles, literally physical pain and perform at such an elite level is just remarkable. For someone like me that's in a performance-based business, it has nothing but absolute respect for people that can perform at their best. And one of the greatest things he said in the entire documentary was at the end when he's looking back, and this is not a spoiler. Don't worry. I definitely go watch it. There's so many, I mean, so many good nuggets there from his father to his family, to himself and to the other players. Like Federer was it being interviewed. Djokovic was being interviewed. You know, one of the greatest things that Raffa said that jumped out of me
Starting point is 00:04:16 that whole documentary was the importance of giving it your all, just pushing and pushing, going to, you know, breaking your own limits, like really bringing out what I would say, is your inner superhero. And that's kind of how I look at life. We have the ability to make smart decisions and then have a great life or have, you know, logical, rational ones or make emotional ones, which tend to be not as good as the smart ones that we make. Not always, of course, sometimes emotional decisions are fine, but by and large, if you take
Starting point is 00:04:49 a thousand emotional decisions, think of like a family, the husband and wife and they're yelling and screaming, emotional ones have taken over. Or someone who's calm, cool, collecting. Think of it when you trade or you invest your money. You can make ComCool collected decisions or are you highly emotional just for revenge trading and kind of blacking out and trading and just going nuts and not even being aware of what's happening. I mean, I've done that short many times.
Starting point is 00:05:15 And so have many other people. What's a better way to make decisions? ComCole, collected, rational. Separate yourself from the event. An event occurs that triggers you. I lost money. I trade. Didn't work out.
Starting point is 00:05:25 Whatever it is. Okay. It's going to happen. It's inevitable. instead of being upset about it, expect it to happen, and not get triggered by it, and plan for it. How can I plan to have a trade not work, Adam? Sure, you can plan for it. How?
Starting point is 00:05:40 By planning your trade before you enter. I ask myself three questions before I buy any stock. First, where am I going to enter? Second, where am I going to exit? And third, how much do I risk if I'm wrong? This way, when those inevitable losers do come around, because if you're trading, you know some trades are going to work, Some trades are not going to work. In fact, you can have more trades that don't work,
Starting point is 00:06:01 providing that you keep those losses small, you can still come out ahead if the winners are greater than the losers on average and still do very well. You can win three out of ten times, four out of ten times. And as long as your losses are small, your winners are bigger, you can still come out way ahead. So think of baseball. Some of the best baseball players in the world hit three out of ten,
Starting point is 00:06:22 and they're phenomenal. Because when you hit one home run, you get one point. Two people on base and you hit a home run. run, you get two points, three points, four points, right? A grand slam is four. When you're wrong, you strike out. So it's asymmetric risk to return. That's how they, risk to reward. That's how they worded fancy, schmancy language. When you're wrong, you lose one. When you're right, make more than one. It's just that simple. So when you learn how to make a, you know, rational decisions, actually, there was a whole premise of my book. So my book is called psychological analysis. And it was number one
Starting point is 00:06:53 on Amazon every day for three months. Thank you, everybody, for leaving nice reviews and comments, and all that fun stuff and supporting the book. But in it, the book talks about how to make rational, not emotional decisions, especially with your money. So it applies to all areas of life. Whether you're playing tennis, you're playing, you know, you're an actor, you're in business, you're performing at your best. If you want excellence, you know, striving for excellence is my mantra, bringing out your inner
Starting point is 00:07:16 superhero. Think of it that way, right? What was Rafa's superhero? It's performing at next level, like next level performance, overcoming opposite. being stronger than whatever possible thing can show up in this guy's way and just overpowering it over you know winning winning same thing with trading you have a few bad trades or you're in a rut whatever it is guess what we all have hot periods we all have cold periods I always I coach my kids baseball's team and a bunch of fourth graders running around
Starting point is 00:07:49 nine 10 year old kids and they're upset because they get out they throw the helmet down you know everyone who plays baseball is going to get out there's no point in being upset on top of it just going to cloud your judgment for the next, the ability to get to the next hit. It's all about the next run, the next best decision. Same thing with trading. Anyone that actually trades is going to have losing trades. Anyone plays baseball, you're going to get out. There's no reason to get upset about it and compound the error, so to speak.
Starting point is 00:08:13 It's not an error to get out, an error to get to have a loss, but compound that negative feeling, right, by talking down to myself and beating myself up. There's no ROI in that. Return on my investment, right? Someone gave me a good line that they'd be ROB, return on my behavior. Measure that. It's really powerful. So that's my opening about performance and excellence and, you know, stepping up. Some notes from Gary, news of Google going into the debt.
Starting point is 00:08:41 Google took out a lot of debt alphabet to the tune of $80 billion. And what are they going to do with that money? They're going to spend it on AI. It has a bunch of AI names or AI stocks that are resting. They just popped in the first two minutes of the day today. Right away, C-O-H-R, G-L-W. C-I-E-N, a bunch of other ones, L-I-T-E, C-L-S, and a few others just lit up right at the screen nice and early.
Starting point is 00:09:04 Why? Because semiconductors, they benefit when Google's going to spend money on AI, they're going to spend money with a lot of those stocks. And then the SMH with the semiconductor index had a very nice day today and broke out of a five or six day, where is it, one, two, three, four, five, five days short little base. And that's the SMH. And the SMH folks, the semiconductor index, is the strongest sector. right now. Next software, Gary says, is pausing or rested due to quiet, which is quite due.
Starting point is 00:09:36 In other words, software is pausing. You have a little break here. Quite due since it went straight up over the last few days. And then crypto continues to worsen. And let's see, there's a chance that Gary says that those that own it are now frustrated and seeing some of the other things that are moving, they're going to sell crypto even more and then feed into the winners. But for whatever reason, crypto remains in a bare market and continues to worsen by the day. Those are the big notes from Gary. Just want to make sure I do my job and convey it to you. And then we can go deeper and have, I'll give you my thoughts on the market and all that fun stuff afterwards.
Starting point is 00:10:10 But high level, just understand, you know, what's leading the market right now, semiconductors, SMH, the NASDAQ 100, the QQQ, just refuses to budge. year to date, the NASDAQ100, the QQQ is up over 20%. And most of those moves, most of that move came in the last, really since April, the end of March until now. Just huge move up. So follow the leaders. Up next, we've got a lot more to cover.
Starting point is 00:10:40 I'm Adam Sarhan. This is the one and only Investors Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. we manage investors money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services,
Starting point is 00:11:20 including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you, to where you would like to be, call us to make an appointment for a complimentary portfolio review. The number to call is 888-4-2-5-59.
Starting point is 00:11:48 That's 888-4-2-5-59. That's 888-4-22-5-5-9. 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 promise. It's to be fun. Investors Edge.
Starting point is 00:12:15 The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. And welcome once again to Investors Edge. I'm Adam Sarhan. And for Gary Kaye, who's out today. He's at a SpaceX event with some very large investors. So he asked me to cover.
Starting point is 00:12:46 I'm always happy to be here. So a few things. Beginning of the show, we spoke about the market. Market had a nice rally today. We are in a situation. where the leading areas, semiconductor stocks, the NASDAQ 100, continue to lead. Remember, an object in motion, folks, does what, stays in motion? Semiconductor stocks are one of the strongest, if not the strongest areas in the market.
Starting point is 00:13:09 The SMH is up 60, a whopping, 68% year to date, almost 70%. That is ginormous, and it's only June. Wow. Started the year, 375-ish, we're now at 630-ish. I mean, that's just a massive, massive, massive move. Let me see, hold on a second. December 31st, the SMH closed at 360. We're right now at 630.
Starting point is 00:13:38 Wow. Just huge move up. The NASDAQ 100 is up about 21% year to date. The S&P 500 is up about 11% year to date. If you look at the Dow, it's been lagging. the Dow is up about 6% year to date. The small caps, the IWM, which is the Russell 2000, that's up about 17% year to date, having a very nice year.
Starting point is 00:14:04 And then the NDI, the midcaps, is up about 12% year to date. So being in the right area of the market is very, very, very important. And knowing where the leading stocks are and leading groups, is also very, very, very important. So why? Because we want to be in areas that are leading and out of areas that are lacking. In fact, the mid-cap stocks, the MDY,
Starting point is 00:14:38 it's breaking out of a nice little base right now, just today, which is encouraging. See more areas of the market participate in the rally is encouraging. So as we step back and we say, oh, hold on a second here, What's happening in the market, you can look at software groups, you can look at semiconductor groups, you can look at gold, silver, I mean, there's so many industry groups, right? There's almost 200 industry groups.
Starting point is 00:15:06 And then sectors. I think there's a dozen or so sectors. Depends on how you want to what you want to call a sector and so on and so forth. Utilities, energy, technology, industrials, financials, consumer staples, consumer discretionary, healthcare, communications, materials and real estate. Okay, let's go through those and I sort them by year to date. Technology is up 37%. Energy is up 27%. And then industrials up 10.
Starting point is 00:15:33 Consumer staples up five. Utilities of about one. And that's really it. You have materials are up also 11% and real estate is up about 7. And then consumer discretionary, communications, healthcare and financials all down for the year. So where you're invested in the market, it's also really important. So you know where to be. The XLF, which is the financial ETF, it's down about 6% for the year as of right now.
Starting point is 00:15:59 Now, that could change, but as of right now, that's what's happening. The health care stocks, the XLV, down about 6% for the year, still need some quote unquote time, right? What's working technology? A.I. Think of it this way. if you look at the market and say, okay, what's happening here? Just connect dots. And you're in a situation where you say, oh, okay, hold on a second.
Starting point is 00:16:34 The economy, the strongest area of the economy's technology right now, what's booming in the economy, AI, tech, so on and so forth. Look at earnings growth, revenue growth. What areas of the economy are growing the fastest? It's not a dry cleaners. It's AI. It's not a car dealership. It's AI. A friend of mine used to work at a, his family owned a few Ford car dealerships in Florida.
Starting point is 00:17:09 And he sold that a few years ago. And he's retired. This young guy. But his father retired and gave him the business. And him and his brothers decided to sell it because they said, hey, we have no How are we going to compete with things like Tesla or Rivian, which literally sell you a car from an app or a website? You no longer have to go into the car dealership, haggle with price, and deal with that nonsense. You click a button, you get the car delivered to your door.
Starting point is 00:17:46 He sold his four dealerships to get two or three of them. I can't remember whatever he told me. And you know what he did? He went and he bought a Rivian. He's got a family. He's got young kids. His kids are friends with my kids and I don't do school. And he's like, yeah, I just ordered.
Starting point is 00:18:02 Actually, he was at the baseball. His son plays baseball with mine. And he was talking to me in the dugout. He's like, yeah, we went out. We bought a Rivian. And I said, oh, interesting. And he said he wants a big SUV and that's electric. And that's the only electric SUV.
Starting point is 00:18:17 He told me, it's like, it's so weird. He grew up in a car dealership, literally grew up. in a car dealership and he's like it's so weird not having like just buying it online and like oh yeah we'll deliver it in two weeks what like you it's just it's weird and i did the same thing when i bought my car a few years ago so again it's it's weird we used to something but when you look at the economy what's powering earnings what's powering what's the engine of the economy right now it's tech and AI look at the market what's powering the market tech and AI again Sometimes it's just that simple.
Starting point is 00:18:54 And being able to simplify things is a superpower. Because our minds, our brains, what do we want to do? We want to complicate things. Overcomplicate things. Why? Because it, quote, unquote, makes us feel smarter and or better. Well, what does that mean? I'm going to make it really, really, really complicated or really, really smart or really, really, whatever,
Starting point is 00:19:18 because it makes me, quote, unquote, feel good. that I have all these layers of complexity. And by the way, I see it everywhere. My daughter is 14. She just finished eighth grade. She's going into high school next year. She had to do some, start writing papers and all this stuff. And her and her friends, they're coming over and they're studying.
Starting point is 00:19:34 And they're putting big, fancy, schmancy words thinking that's going to impress a teacher. I did the same thing when I was their age. No, just simple. Get the point across and make the point fast. Don't bury the lead, right? Just get the point across. Effective communicating. their generation, they grow up on the screens, like for fun, they make videos with each other and
Starting point is 00:19:56 send it to each other. Okay, I get it. Some older generations, we play video games or play cards or go outside and play baseball or basketball or kickball or whatever. Every generation has their thing. So, okay, when you make videos, do you want someone to ram and ramble on and on and on and on? Or do you want short, quick to the point? I said, short, short, quick to the point.
Starting point is 00:20:15 Okay, great. And what does that mean? Effective communication. start with what you want the audience to hear and then go afterwards. And why am I sharing all this with you? It's the same thing when you process information about the market. What's the most important thing?
Starting point is 00:20:32 Sorted by that. Look for the signals and try to avoid the noise. Really, really important because there's so much noise in the market. Up next, we've got a lot more to cover. I'm Adam Sarhan. This is the one-only investor's edge. Investors Edge. He's got to be pleased with that.
Starting point is 00:21:17 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. 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,
Starting point is 00:21:50 listen live or archive at your convenience 24-7 on any device. So, a few things. Market ended higher today. We had flat the higher a little bit-ish. You were in the green. How about that? NASDAQ was up about seven points. The S&P was up about 10 points.
Starting point is 00:22:07 Dow was up about 230 points or 228. The Russell was up about 25 points, up about 1%. And what's happening here? Well, under 1%, 0.8%. But what's happening here? The market refuses to budge. I mean, we are so extended. And the fact that we refuse to budge, to me,
Starting point is 00:22:27 is very bullish. Yesterday, the market was higher, and what happened? Iran walked away from the talks. If this was, what, a few weeks ago, probably back in March, you probably would have seen the market getting crushed. Remember, folks, and Gary's mentioned this a lot. Signal versus noise, right?
Starting point is 00:22:50 It's not the news that matters. It's how the market reacts to the news. that's super, super, super important. And what does that mean? You have bearish news like yesterday, and oil prices spiked higher for the week. Let me see here. One second, if I can pull the data.
Starting point is 00:23:15 Oil prices are up about four or five percent. That's a lot for oil. This is a major global commodity. And you're back in the low 90s now. You have a bold flag forming in oil too, but you had a big move up in oil yesterday. Market was up. What? You know, that kind of thing.
Starting point is 00:23:35 Wow. Think of it that way. If the market's not going to fall on quote-unquote bearish news, most likely it's going higher. What does that mean? The news is important, sure, but the reaction to the news matters more. And by the way, in bearish phases or corrections or pullbacks back in March, February, any headline that was not quote unquote bullish, moves the market would sell off on. Think of it as the state of the market.
Starting point is 00:24:10 Sometimes someone's in an energized state. Super hyper has energy audit and sometimes someone's tired. Our states change humans. Same with the market. Look at the weather. Sometimes it's gloomy, it's cloudy. You could have a storm. I live in Florida.
Starting point is 00:24:24 We get hurricanes. Sometimes the storm always passes. The state changes. Sometimes it's hot. Sometimes it's sunny. sometimes, you know, so on and so forth. Cloudy, rainy, snowing parts of the world. Where I grew up in the Northeast, in New York, New Jersey area, just a lot of snow in the winter.
Starting point is 00:24:45 The state changes. Same with the market. And being aligned with the market is extremely important. Avoiding the temptation to, quote unquote, fight the market, folks, is extremely important. and what does that mean? It's tempting, and this is where the ego comes in, say, I'm right, market's wrong, I'm putting this trade. Markets going to disagree with me. I'm going to fight it because I'm right.
Starting point is 00:25:16 There's no way the market can go higher. There's no way the market can go lower. This works on both sides. There's no way. I can't believe X, Y, Z. Well, believe it. Because the price is the single thing that determines whether we make money or lose money. Think about that.
Starting point is 00:25:34 The price is the single one variable that matters that determines whether or not we make money or lose money in the market. That's it. Not volume, not earnings, not the latest headline, not Iran talks, not any of that stuff. It's just the price. And why is that so important? Because when you can focus on the signals, again, signals not the noise, what happens? You're able to say, oh, hold on a second here. let's focus on things that really, really matter.
Starting point is 00:26:14 And if the market's going higher and it continues to rally, guess what? It can keep going higher. There's no rule that says, I think that the market should go lower and it has to follow what I think. Market doesn't know me, doesn't care about me. And thinking about what the market should do versus what it's actually doing is also super important. Why?
Starting point is 00:26:48 Because our opinions, think of it this way, our opinions fluctuate greatly. And they're somewhat disconnected from reality. What really matters what's happening in the market? What really matters? How I interact with that and the trades that I make to be aligned with what's happening in the market. Being what I call harm money with the market. After the close, we have Palo Alto Networks, P.A.N.W. up about 10% after reporting earnings. Being in harmony with the market.
Starting point is 00:27:34 It's my play on the word harmony. So many years I used to fight the market and say, oh, the market's for wrong. wrong, you know, blah, blah, blah. You ever get a printer? I always joke around about user error and the printer doesn't work. What's the friend? You call customer service. The first thing they ask is it plugged in?
Starting point is 00:27:48 In the old days, we used to call customer service today. You might go on chat GPT. But either way, what's the first question people ask? Is it plugged in? And most of the time it's not. And then what? There's a solution. User error, right?
Starting point is 00:27:59 Nothing's wrong with the printer. Me, the user. I just didn't have it plugged in. Okay. That's happened a lot. I mean a lot to me, right? Same thing with the market. Oh, I don't like X, Y, Z.
Starting point is 00:28:11 Okay, nothing's wrong with the market. It's user error. Oh, I'm not long. Oh, here's another one, Alta. Alta Beauty after the closes up about 3.5% on earnings. Now it's up 4% on earnings. Tick or something, ULTA. It's a user error.
Starting point is 00:28:29 Same thing with the market. So I can't control external things what the market's going to do. I can't control what happens after I buy a stock or sell a stock. But what can I control? My focus, my preparation, my risk, my entry point, my exit point, my planning, what am I doing with my time, so on and so forth? And think about that. That becomes really, really powerful. What you do with your time? Am I planning to win? Am I focusing on leading stocks, leading areas? Or am I focusing on lagging areas? Am I trying to fight the market? I have a guy who's in his young kid, he's in his 20s, he does work for me, and he thinks,
Starting point is 00:29:12 this is his subjective opinion based on no facts, that he should be earning a million dollars a year. Meanwhile, he's replaceable on the level of work he can do can be done at below minimum wage, but I pay him very well. And he's telling me, just nice, we have a good, you know, I build relationships with everybody and have, care about the person more, you know, the relationship first and business second, That's kind of how I roll, so to speak. But in his mind, oh, I should be a millionaire.
Starting point is 00:29:42 Well, okay, go earn it. Nothing one stopping you. So based on his opinion, his worth and the more, what is the opinion? Are you going to pay me a million dollars? I'm not going to pay a million dollars. Sure, go give me a million dollars of value. And then I'll pay you a million dollars,
Starting point is 00:29:55 but create the value. He's focused on the wrong thing. He's just saying, oh, I think I feel like I should be making a million dollars. Oh, okay, great. I feel like I should be making a gazillion billion trillion. Same thing with the market. Same thing with the stocks. Oh, I think the stock's under value.
Starting point is 00:30:12 I think the stock's not going higher. I think the market's all extended. I think I feel like, and then I place trades based on that, emotional decisions. So remember, extended markets in bull markets. We're in a bull market right now. One of the strongest bull markets we've had in a long time, many years, get very, very extended. Eventually we're going to correct. Eventually, we're going to pull back.
Starting point is 00:30:36 But until we do, the bulls are in control. Near-term levels of support that I'm watching are the 21-day moving average, and then the 50-day moving average in the QQQ and the SMH, the semiconductor index. Why? Those are the two leading sectors in the market, or areas, indexes, indices, or whatever you want to say. The two leading areas in the market. And as long as they keep moving higher, which they are now, it's like the game of music chairs, right? The music's playing. Everybody's fine.
Starting point is 00:31:06 But remember, folks, after everybody move up, you got to pull back, you get a correction. And that's the important message I do want to drive home. Is sure, we're in rally mode, but I've been doing this since the 90s. I've seen the dot-com crash. I've seen the 08 crash. I've seen so many bar markets in between, corrections and pullbacks in between. Fear, green. Those are the two big things that drive the market.
Starting point is 00:31:31 And after every run up, you get a consolidation. That's all. So, I believe that's all the time we have. for right now. Yep, there we go. There's the music. Up next, got a lot more to cover. This is the one and only Investor's Edge. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Investers Edge with Gary Culpa. And welcome once again to Investor's Edge. I'm Adam Sarhan, in for Gary Kay, who's out today. Gary's at the SpaceX IPO event with some very large investors. And he asked me to cover, always happy to be here.
Starting point is 00:32:55 So spoke about a lot so far. Just want to put things in context. You know, performance is key. We're in a performance-based business, just like other businesses. We get paid very well, all of us. The beauty here is that anybody can participate and anyone can succeed, providing they take the time to do the work. And that's a mental work. It's not a sport. I watched the Rafa documentary about Raphael Nadell, and it was just absolutely fantastic. Anyone that likes performance or like sports, like winning, like selling, it's just fantastic. And in it, they talk, I mean, he goes through a story, he talks about he overcomes adversity, he has tremendous physical pain, his foot, his hips, his leg.
Starting point is 00:33:40 Bap, pop, blah, blah, blah, blah, with us, it's a complete different story. We don't have any of those ailments, thankfully. I'm not physically in pain. I might have a mental one. I might not be happy when I lose money, but there's no physical pain with any of the stuff that I'm doing, thankfully. This is a mental business. So the performance side of it is, you know, think of like an athlete.
Starting point is 00:34:01 An athlete, Michael Jordan. Think of an athlete, Rafael O'Dell, Federer, and Djokovic. You can look at any athlete in any sport. Okay, you get paid very, very, very, very well when you perform. at an elite level. But there's no guarantee that you're going to perform at that level. And you have competitors at every level.
Starting point is 00:34:25 One of the episodes was literally called the hunted and the hunter. When you're number one, you become the hunted. Number two, number three, number four people in the league. Your competitors, they're hunting you.
Starting point is 00:34:38 That's the mindset of a warrior. Like that's how this literally is the title of the episode on this Raffa documentary I just watched. It's how these people think. It's a performance-based business. An athlete. Think of another performance-based business. Actors, George Clooney or any of these famous A-list celebrities,
Starting point is 00:34:56 they get paid tremendously remarkably well for their craft when they can perform at an elite level. Now, it's very few people that can perform at that extremely successful level for so many decades, but they exist. And that's the inspiration for everybody else to really do their best. improve their craft and get better, get better, get better. But the other side of this, folks, is understand that there is no magic formula, to my knowledge, at least, where it works 100% of the time. Michael Jordan can literally stand next to me right now, show me exactly how he shoots a basketball, and he'll have a complete different outcome than I do. I mean, literally, he could stand there himself and shoot it five times and have five different outcomes.
Starting point is 00:35:41 Same thing with trading. I can have all these years of experience. I've been doing this since the 90s, and still I'm going to have losing trades. I'm still going to make mistakes. Of course, you want to have guardrails. Ray Dalio talks about this in his book Principles. You know, we all have strengths, weaknesses, and blind spots. We want to have guardrails to protect ourselves from ourselves, which is the emotional side of us.
Starting point is 00:36:04 I cover a lot of that in the book and psychological analysis. And you want to have things. Think of an accelerator and break in a car. Things that help you push the gas and accelerate and go faster towards your goal. and some breaks. Hey, listen, this isn't working. Let me do less of this and more of that. So that becomes another important thing to keep in mind.
Starting point is 00:36:24 And then, of course, focusing on the signals and not the noise. Spoke about the market, spoke about crypto's under pressure, software stocks pulling back a little bit. And now tech stocks and semiconductors in the queues and NASDAQ 100, those are the strongest areas. Well, all right. How else do I find, I get this question a lot, signals. I look for stocks breaking out and breaking out in real time.
Starting point is 00:36:47 Then there's thousands of stocks in the market. I used to scan them individually now. Thankfully, I built market terminal.com. It's like a Wall Street terminal. Think of like Bloomberg terminal or Icon terminal. And these big Wall Street firms use terminals to win. So I'm like, all right, why not build a terminal for retail investors, for me, for everyone else? People that aren't in the top 1% of Wall Street that are managing 30,000 people at Goldman Sachs.
Starting point is 00:37:12 They all use terminals. Well, why are they using terminals? How come I can't use it? Let's level the playing field. So I built market terminal. It took me several years and a lot of money, but thankfully we were able to get it done. We have a good team and elite team of people and they're fixing bugs every day and great members. And thank you everybody for the positive feedback.
Starting point is 00:37:30 But on market terminal, we do give breakouts in real time every day. Today, you had BHP breakout. Now, these aren't buy signals, but I want to see what stocks are breaking out on any given day. COHR. It's one of the stocks that benefits from the AI spend. STM, nice gap up today, semiconductor stock on that AI spend. Rambis, RMBS, nice breakout today. Again, on that AI spend, semiconductor stock. CLS, hardware equipment stock breaking out today or broke out today.
Starting point is 00:38:01 Ciena, C-I-E-N, little breakout there, strong stock. Freeport McNamaran. This is FCX. This is a copper stock. And copper is doing really well. which and it's outperforming gold. LFUS, little breakout there, hardware equipment technology stock. ARW, another breakout, arrow electronics.
Starting point is 00:38:21 Nokia, NOK is a ticker. Remember the cell phones from way back when? Now they do other things. They do cloud network solutions and mobile and some other stuff as well. Stock broke out, big uptrend. FFIV, this is F5 Inc. Ticker symbol of FFIVV broke out today
Starting point is 00:38:40 from a nice base. TX, the basic materials, a steel company, broke out today. And then so on and so forth. L-E-G-N, big breakout today in biotech land. L-E-G-N. ST, S-NSA Technologies, another hardware technology company. So again, I go through these every day, and they update in real time.
Starting point is 00:39:00 I can see stock setting up to break out. There's AI predictions, just like any predictions. Some work, some don't. Like the weather forecasts, it was supposed to rain the other day. It didn't rain, so on and so forth. so forth. When the weather changes or the market conditions change, the prediction changes. But I want to see what AI predicts is going to happen. Crunch has a lot of data for us. We want to find high probability predictions. Again, they're not trading signals. They're not no investment
Starting point is 00:39:25 advice is being given. Past performance, not indicative of future results. No earnings claims are being made and every other disclaimer under the sun, folks. But it helps me do what? It helped me find signals. It helps me save time. When a stock breaks out of a base, That tells me something has changed. It's a signal. Doesn't mean the stock's going to work. Some breakouts fail, lots of breakouts fail. But the ones that really just go, I mean the true market leaders, they break out, build a base, breakout, run higher, build a base, break out again, so on and so forth.
Starting point is 00:39:57 That's why I focus on these breakouts. And it's the big institutions that are buying the stocks and having those stocks break out most of the time. It's not Mary and Uncle Bob like Gary likes to say. So again, that's why I focus on breakouts. That being said, I believe we are out of time. I want to thank everybody for being here. This is always a pleasure. And this is the one and only Investor's Edge.
Starting point is 00:40:21 Thank you, everybody. This has been Investors Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com.

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