So here are three things to know before the fomc meeting tomorrow. What's going on team, it's ricky with tackle solutions here with a quick little market update. I wanted to make sure that you guys were aware of how it is that you can prepare for this fed meeting that is set to take place tomorrow at 2 p.m. Eastern time i will be live streaming, uh that fed meeting and the market's reaction.

So if you want to watch that live stream, you have to do nothing else other than subscribe to this channel and turn on your post notifications. So let's go ahead and jump right to it. What are the expectations of this fed meeting so, according to analysts, the 50-point basis hike is kind of like out of the table and i'm going to explain it in just a little bit. Why 50 points was one of the approaches that we were taking as of last month, but because of the last cpi data report, which is the inflation report where it showed that inflation did not peak remember we were at 8.5 percent, we dropped to 8.3 percent and Then now we're back at 8.6.

So therefore, that's not a positive notion. This is why not only did the market sell off on friday when you know the cpi data report came out, but it really got factored in and actually wanted to show you guys this. It really got factored into the market um on monday, and it just became so real of like how much more aggressive the feds need to tighten up. At least that was the market's reaction to it, because this sell-off uh, if i'm not mistaken, this sell-off was after uh that f, o or i'm sorry, the cpi data report.

If you guys subscribe to the channel - and you guys tuned on into that live stream, we live streamed, it i mean it aggressively, sold off and then it sold off for the remainder of the day. If i'm not mistaken, i think it was down about 10 percent for tkq the following day. I'm sorry monday, right the following week, uh the next trading day was monday. We opened up like three or four percent in the red and then again that's just when we just there.

There are so many reasons there was so much selling pressure it got. It made it very easy to understand that hey. You know the feds really do need to take an aggressive approach, more aggressive than what they were taking and again any time that the feds increase interest rates. That's not good, especially for tax stocks, because that's what they're trying to do.

They're trying to fight back inflation and if all these bases or interest rate hikes that they've already done, shows that it's not really aiding this inflation rate. Then it means that they only have to approach it in a more aggressive rate, and this is what we're expecting for tomorrow. So the 75 point, uh interest rate hike was really factored into the market. On monday uh.

Today we are kind of trading sideways. I actually sent out a message to my learn plan profit group uh, making them aware of like this almost felt like thursday. I don't know if you guys would agree uh, but this almost felt like thursday, as we were, anticipating wednesday and thursday of like us, anticipating for the market to react to whatever was going to be reported with that inflation or that cpi data report. It's kind of the same thing with right now: it's you know, market was kind of sideways and it wasn't until the aftermarket trading session that sure it was up 2, but it doesn't really matter right, kind of just trading sideways waiting for the feds.

To finally have this meeting and announce how aggressive they're going to raise interest rates with that being said, i you know. A lot of people were asking me via discord of, like you know, is a 1 interest rate height on the table. Um, that's not factored into the market. I know the the point.

Seven five percent yes, but the one percent is not factored into the market uh. The point: seven five percent - already of an aggressive approach. I think you know, analysts really just want to see the feds. Take a more aggressive approach and really trying to fight back that inflation, because what they've done in the past before just hasn't, aided this and i'll share my opinion in just a little bit about that.

The last thing that i want you to know is just like earning reports when a company reports earnings the earnings reports, that's for like the previous quarter right, that's that's like half of it or really like 30 percent of it. What's almost more important, especially now more than ever before, and i'm sure you guys would agree - is the guidance right not just about this interest rate hike, but what's their tone for the up and coming months right. This is the question that the feds are going to need to answer. Are you going to take a more aggressive approach? Is you know a one percent interest rate hike on the table now versus you know? You know two months ago it wasn't even considered.

They were saying that half of a percent was going to be the most aggressive, uh approach that they were going to take. He didn't say that it was impossible to you know, do it more aggressively, but that's what they said right now. It's not really off the table right and i think that's what people want to see is: are the feds going to actually take a more aggressive approach in raising interest rates to fight back inflation? Now, again, guidance is going to be a huge thing. One of the things that, like i continue to scratch my head on it uh, it's i've said it so many times before.

If you guys look at the cpi data - and it sounds super confusing, but please look at the cpi data and you can look at what makes up that report and i've already done a breakdown on this on my channel uh. But it's it's fuel right. It's oil! That is where we're seeing the largest rate of inflation and and what they trickle down to with transportation services. Obviously, transportation services are going to be more expensive, not just because of inflation, but because, if there's a lack of supply of oil and these transportation transportation services need oil to function.

They're going to need to factor that into the price point, so it doesn't influence or negatively influence their net margins or their net profits again same thing with retail. That's again, one of the biggest issues target and walmart both announced that um and right after they announced during their earnings, is that their up-and-coming guidance for the upcoming earnings, uh isn't looking very promising, and it just has to do with how expensive all these transportation services Are for them and with that being said, yeah i mean sure inflation or raising interest rates and taking a more aggressive approach. I'm sure can influence this in a positive way somewhat. But if i'm seeing that most of the weight of why inflation is so high, and so much of that data is made up of just oil, is i'm still scratching my head? How, like four months after russia attacked ukraine right? Why is there still not a solution for our oil issue? I just don't understand that.

How is that not if we can see how the cpi data is influenced by that? Why are we putting all the blame on the feds? They have no say on our policies with oil. They just you know, focus all they can do. Is the only tool or resource that they're given is being able to raise interest rates and, of course, print more money right? But with that being said, they their their job, is not to make up policies for our oil issue. That's our person in power right, that's their job, yet we see nothing being done.

That's my concern. It's like sure raise interest rates, i'm sure it will hopefully positively influence a lot of um. You know other other areas that are being negatively influenced right, but we have to take that into consideration that oil is such a big issue as of right now, and i really don't think raising interest rates will really do much to anything with that. So that's just my opinion again.

If you guys have any questions, feel free to reach out to me, that's going to be that first link down below i do run a free trading group chat. I hope to see you guys in our live stream tomorrow and from the reminder. If you want to be able to also watch me, trade live as soon as tomorrow at market open, make sure you click the second link down below and learn a little bit more about our learn, plan profit group and see if it's a good fit for you. I hope that i earned a thumbs up.

Please consider subscribing um and, like always, let's make sure that we end the year on our green now. Take it easy team.