What I find is that visible signs of fermentation mostly happen at the beginning, but also are not anything that indicates progress. Meaning the bubbling/foaming/frothing may or may not correlate to your hydrometer reading.
Your plan for another week makes sense. It may be that your hydrometer reading at that time will be 0.992. If not, give it more time to get there.
Once you get where you want on the hydrometer, or it becomes clear that the wine's not going any further, add kmeta to stabilize. That's what stops fermentation, so it's good to be sure you hit your SG before adding it.
The other packet is sorbate. I suspect you're not planning to sweeten your cab? This is one place where I recommend breaking the rules of the instructions. Sorbate doesn't add anything useful for a dry wine, and it has a little bit of a negative flavor impact.
From there, the instructions will say to degas and add fining agents like superkleer or isinglass - and that's perfectly fine to do. Following the instructions initially is good to get the process under your belt.
Additionally, you can degas by stirring or you can degas by waiting. Same thing with the clarifiers; you can use them or you can use time to do that work. Both depend on how soon you want to drink the wine, as they are the process & chemicals used for kits that speed up the process to 6-8 weeks. Up to you - if you already intend to bulk age in a carboy, you may want to wait on these chemicals and see how the wine does in clearing and degassing without them.
If you have questions about gas or clarity, post them before you bottle just to be sure. Clarity is pretty self explanatory, but gas will be a zippy taste, swirly stuff in otherwise clear wine, or it clouds when you move the carboy. There's a test you can do to check for gas.
Also, you'll see Sourgrapes and other folks put quotes around "secondary" because it means something else (MLF) in winemaking terms but it's common to see that in kit instructions in reference to fermentation and carboys. It's a wine lingo thing....
Heather