Elections are taking over from the Fed as the reason markets are in a waitandsee mode. John Kosar, CMT, president, chief market strategist at Asbury Research, explains why it’s prudent to hold back from your own big bets, what volatility tells us about market trends and what gold’s strength means for commodities. He also talks JPMorgan Chase (JPM), Goldman Sachs (GS) and Tesla (TSLA).

The "Investing with IBD" podcast is hosted every Wednesday by Investor's Business Daily's Stock Market Research Director Justin Nielsen.

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