The market is on a bull run after a nice little pullback last week. Today PTON announced that it will invest $400 million into a U.S. factory which is huge for peloton with demand and supply issues. I decided to invest more into PTON today as it pushed up 9% on the day so far! Tesla breaks above $620 a share and does not look like it's going to stop!
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Drum roll, please, what's going on team, it's ricky with tech, bud solutions and the market is green once again, uh the market is getting one step closer to breaking that resistance level. The next resistance level that i'm looking at as of right now in the nasdaq market is 13 800. uh. If and when we do break above that, we're doing a great job holding above sma we're doing a great job holding above the ema line.

Uh and a lot of you guys got uh, you know a lot of you guys got super excited based off of yesterday's video uh. Just due to the reassurance that, like you know, we made it through that pullback. It actually found the support based off of previous support levels, so it's always great. When patterns, you know repeat themselves, but of course they don't always have to right.

So one of the things that i'm looking for is a potential resistance level at 13, 800.. I'd love to see the nasdaq market break above that, if it does break above that, then you're most likely only going to see your tech stocks as nasdaq is a composite again. A big focus on tech you're, most likely going to see your tech stocks uh. You know continue to increase in price uh, one of the main stocks that i want to talk about.

First off, it's super cool to see stocks um, like you know, tesla first off tesla, did extremely well today, uh for how it has been doing. We broke above a very crucial uh resistance level, which was right around 6 10, and if you guys saw that we were showing a lot of signs of consolidation right around 600 we broke above 600 and as soon as we broke above 610, i don't see any Specific news for tesla, but it looked like a technical breakout because once it broke above 610, it just began to push and we hit highs overall highs. So far, on the day of 6 24., one of the things that i decided to do is i sold just a couple of shares to anticipate. If there is a pullback, i can buy a lot more of tesla.

So as right now, i still have over a thousand shares of tesla right uh. Today, on the day, i made a little bit over 27 thousand dollars just super grateful, but look at my other positions. I really began to load up on peloton. This is one that we're going to talk about today, the one i'm most excited about.

I bought a little bit more of pinterest. I bought a little bit more of twitter uh and then these kind of just stayed the same as of right now, they're kind of just consolidating, but i want to talk to you guys um a little bit more on well. First off, you guys should know why. I sold a portion of tesla uh.

I wouldn't have enough skin in tesla. So for me, that's a thousand shares um. I feel like that's enough right based off of if it continues to uptrend. I can at least partake in that, but you guys saw that just a couple.

You know days ago i had 1.4 million dollars in tesla. I right now have 700 000, so i've reduced my position to 50 uh. This allows me the confidence gives me. The confidence puts me in a position where i don't need everyone to agree with me, but i need to put myself in a position that i feel comfortable right and tesla has pushed up enough, that it wouldn't really surprise me.
It's been very bearish right if it pulls on back. I want to have enough buying power that i can buy. You know you know seven hundred thousand dollars worth of tesla at 550, 560, 570, but the only way that i can do that is. I can prepare for it right, so i'm not here to predict the future, i'm simply here to prepare for it, but i also want tesla to continue to uptrend.

So if it does, i have seven hundred thousand dollars in it over a thousand shares and i can always buy more right, but because i think that it's a little bit on the overbought side. It pushed up today for really no apparent reason other than that technical break. I want the nasdaq market. I want everything to continue to push, but i have to prepare for the worst, and i find i see myself doing this very often how many of you guys um do this.

Where, on my green days, i prepare for the red days and on my red days, i prepare for the green days so uh. It allows me to stay well balanced. The one that i want to talk about is freaking peloton. P-T-O-N we've been talking about this since it hit 80 dollars a share.

It pulled on back aggressively. It was very unfortunate news right, peloton announced that they were doing a recall, i think 125 000 of their like treadmills or just at-home working devices, and that's huge. That's very costly right, but what is one of the biggest drawbacks for peloton during the pandemic? Peloton, if you guys aren't familiar with it. It's the at-home workout, just machines and during the pandemic, as you couldn't go to the gyms, peloton, absolutely killed it.

It thrived during pandemic conditions and guess what peloton just did. One of the biggest drawbacks for peloton was that it took a really long time. There was a back order on peloton and the machines because they came from overseas right and when there were shipping delays. All this stuff, sometimes they were pushed a month two months back and again, it's just being able to keep up with the demand they announced today that they are going to be working on establishing a facility, a manufacturing facility in the united states.

It's kind of like common sense. It makes sense, there's enough demand um, i'm all for it right. So, therefore bringing the time of what it takes to receive and manufacture at the pelotons. You don't have to ship it overseas and it's just a step in the right direction and that's all i am seeing right now in the news section where you know everyone's just super excited for the potential growth of establishing this u.s factory.

You guys can see right here: spending 400 million on the u.s factory, i'm super pumped it's it's an investment for the future, definitely not something that we uh expect to see anytime soon on the return right on that investment uh, but you guys can see that it Definitely acted as a positive catalyst and if you take into consideration right, i have sixty four thousand dollars nearly sixty five thousand dollars. Forty seven hundred dollars profit today alone based off of my percentage return. This is actually my biggest gainer based off of percentage return, and i will probably only continue to buy more as it continues uptrend. Obviously, today we experienced positive news on peloton, so it pushed up.
I would anticipate a little bit of a pullback i'll, buy more then, and then again, i want to ride it as it continues to uh recover, so just wanted to update you guys, both on the good and the bad. I'm super excited about peloton and everything that it has to offer. I'm excited about tesla, but i want to stay prepared. Um and draftkings also did really well so um.

I i really just focused on lightening up my position on tesla and increasing my position on pretty much everything else, pretty much like what i did yesterday uh, but in a little bit more of a tasteful way, um yeah. So i appreciate you guys time also just letting you guys know um. I am going to be hosting that free live trading session on friday due to all of your guys's requests. So i really do appreciate that.

I hope that we earn your thumbs up uh. You don't need to do anything special uh to join this free live trading session. You just have to be subscribed to the youtube channel. Have your post notifications on i'm going to go, live at market open on friday? If you want to tune on in great, if you don't all you know respect, i wish you nothing, but the best uh, but that's really just it.

So if you guys want to join our free facebook group to stay connected, that's going to be that first link down below other than that. We will see you tomorrow for our live trading session. If you're part of the learn plan profit group but like always, let's make sure that we in the year on agreed now take it easy team.

By Stock Chat

where the coffee is hot and so is the chat

35 thoughts on “πŸš€ this stock just blew up today!”
  1. Avataaar/Circle Created with python_avatars james says:

    why do you use the web platform

  2. Avataaar/Circle Created with python_avatars Benson W says:

    I make huge profits on my investment since i started trading with Lillian Wilson, her trading strategies are top notch

  3. Avataaar/Circle Created with python_avatars Faris Khalad says:

    What platform are you trading on

  4. Avataaar/Circle Created with python_avatars christo5612 says:

    Do you think PTON will continue to go up being that the pandemic is close to being over? Do you think people will continue to buy this stuff or will they return to the gym and maybe this stock will tank? Sounds kinda risky if you ask me…

  5. Avataaar/Circle Created with python_avatars Daemon Zap says:

    How come Ricky never looks at GME or AMC while they're booming right now?

  6. Avataaar/Circle Created with python_avatars Britten Huffman says:

    The new PTON facility is near were I live! Pretty stoked on this!

  7. Avataaar/Circle Created with python_avatars Paul Soares says:

    Great Video Ricky ! Learning a lot from you.
    Thank you

  8. Avataaar/Circle Created with python_avatars Haught Vlogs says:

    Do you think peloton is going to start losing its value since the pandemic is coming to a stop and people are going to be outside more?

  9. Avataaar/Circle Created with python_avatars MitsuFQ400 says:

    I think Tmobile is a growth company that AT&T will ever be

  10. Avataaar/Circle Created with python_avatars Alex Mj says:

    Cool beansπŸ₯­πŸ₯­ Ricky Ricardo!

  11. Avataaar/Circle Created with python_avatars Diego Gutierrez says:

    Ricky why do you use WeBull on the web browser instead of downloading it?

  12. Avataaar/Circle Created with python_avatars The AR Guy says:

    No AMC or GME…odd

  13. Avataaar/Circle Created with python_avatars Kswu weather says:

    You made today what I make a year lol.

  14. Avataaar/Circle Created with python_avatars Hameed N says:

    I made $600 off TSLA call options. I was going to hold but sold instead. I'll buy more when it dips again.

  15. Avataaar/Circle Created with python_avatars Ernesto Apfelbaum says:

    Hi Ricky, long time since I see you. I glad you keep doing well. I leave day trading because is not for me but you are one of the best in what you do and want to say I enjoyed learning from you. I will see if my membership is active and hang around sometime. Keep safe, healthy, and enjoying life, my young friend.

  16. Avataaar/Circle Created with python_avatars Learn to Stock says:

    Hey ricky thoughts on not using charts for Investing Not trading because the charts do not show much for long term investments instead look at statistics and ratios?

  17. Avataaar/Circle Created with python_avatars Stud City says:

    Doge to the moon?

  18. Avataaar/Circle Created with python_avatars AirLuna says:

    50% in Tesla is still too much. I’d drop it to 20% and have cash reserves.

  19. Avataaar/Circle Created with python_avatars Zootopia says:

    Nice, So ricky you started using Webull now???!!

  20. Avataaar/Circle Created with python_avatars Chaddy says:

    AMC TO THE MOON πŸš€πŸ¦πŸ’Ž

  21. Avataaar/Circle Created with python_avatars sharhful says:

    So good to see tech stocks green thanks Ricky

  22. Avataaar/Circle Created with python_avatars Jorunn Berban says:

    Rolling rolling rolling rolling by Limp Bizkit…. another Green Day!

  23. Avataaar/Circle Created with python_avatars Ayyy Jester Dazed says:

    Cannabis stocksπŸ’¨

  24. Avataaar/Circle Created with python_avatars Lucas Hunter says:

    Would you ever invest in Hyliion? Love the content!

  25. Avataaar/Circle Created with python_avatars TAPP Channel says:

    AMC!! Lets go! πŸ˜€

  26. Avataaar/Circle Created with python_avatars SAENZ TRADES says:

    It is cool to see you now trading with $1M compared to how you started

  27. Avataaar/Circle Created with python_avatars Blxck Dollar says:

    $HUMBL is up 40% the past couple of days

  28. Avataaar/Circle Created with python_avatars SAENZ TRADES says:

    Peloton looking great! Going to be waiting for that pull back as well.

  29. Avataaar/Circle Created with python_avatars Joe Floyd says:

    BGFV doing well and shot up recently

  30. Avataaar/Circle Created with python_avatars RS3Mike says:

    Nice gainz man!!

  31. Avataaar/Circle Created with python_avatars JesusWalksOnWater says:

    AMC TO THE MOON!!!

  32. Avataaar/Circle Created with python_avatars Ricky Gutierrez says:

    PLEASE IGNORE THE FAKE ACCOUNT PRETENDING TO BE ME! MY COMMENTS HAVE A VERIFIED CHECKMARK! PLEASE REPORT THE FAKE ACCOUNT! THANK YOU!

  33. Avataaar/Circle Created with python_avatars lightofmylife1 says:

    Do you do video chats with students for money?

  34. Avataaar/Circle Created with python_avatars Masterbossofbosses says:

    Notifications gang

  35. Avataaar/Circle Created with python_avatars Alec Lopez says:

    First comment for the third time??

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