So i thought that we went through enough, but i guess the nasdaq market doesn't think so. What's going on team, it's ricky with tackbot solutions and china just announced that it's going into its own lockdown because covet cases are reaching new highs in china. So um. You know we were talking about inflation.

Obviously, that was a big factor on what is causing the reaction of the feds raising interest rates when feds talk about raising interest rates, as we are set to expect an interest rate hike for the first time this week, uh since 2018. tech stocks do not like That right, so nasdaq made up of uh tech stocks uh. You can see that the nasdaq market has been selling off for about two and a half months, the the tensions between russia and ukraine. It's not even tensions anymore, but pretty much just the war between russia and ukraine right oil prices shooting up.

After all of that right kind of things. The tension between russia and ukraine began to kind of settle to some degree right. Covent cases and coven restrictions in the united states began to be lifted and just when we think that things are getting better, there just has to be another variable on on. What's gon na drag 2022 even further, so i wanted to provide you guys with a quick little update and what is set to happen.

So it looks like the market reacted to the news of china already uh, it's one of the main reasons that we saw such a choppy market as well as again, interest rates are set to increase, expecting a quarter of a percent of an increase, and that's this Week right so that's already factored into the market, but just know that if the interest rate hike is actually higher than what's expected, we can see tax stocks drop even further. Really, the only market that was somewhat green today was the dow jones. Everything else was either in the red or like the nasdaq market, very in the red. So what's next right, if you guys watched my earlier video today, we talked a little bit about airlines airlines.

If you guys look at this on the four hour time frame, they're very oversold right, but now with the talk of um, coveted restrictions completely being lifted, even uh, even a state - or i guess, a us territory that is very coveted. You know uh, they had a bunch of rules and restrictions was hawaii right, but if i'm not mistaken after march 25th, so march 26th, all you're going to have to do is wear a mask in hawaii. So even the most i would say, like covet restriction. States are now beginning to lift their coven mandate.

This is huge for industries like airlines that have been so negatively and uh influenced by or affected by this coveted pandemic and the overall restrictions that came with it. The second thing is, with the tensions of russia and ukraine, oil prices shot through the roof right they hit highs. I think it was we. We haven't hit this level of the price per barrel uh since 2018.

Right with that being said, today, we saw one of the biggest pullbacks in oil prices in quite some time. Ending the eight business day, bullish run that oil had. This is great and we talked about it right. So as oil stocks and etfs begin to pull back, which etf that's oil based goes up right, which is the inverse etf for those that like to follow me and like to trade etfs, you don't have to trade.

This, but that is ticker symbol. S c o s c o goes up when oil stocks and etfs go down so because oil etfs are super overextended and super overbought. Then this is where we can pay attention to sco and if it consistently is indicating signs of an uptrend, then maybe it's a way in which we can make a couple of bucks. If you see value in it and if you day trade right.

The last thing that i quickly wanted to talk about is how can we make money right now and one of the things that i wanted to put into perspective. This is actually something that i'm uploading on the tech but instagram tomorrow, but i wanted to share it with you guys, so i think uh, it's always very useful when putting things into perspective right. So i do agree with you. Tech stocks are very oversold right, but just like any recession or any type of pullback, it's the potential for recovery that always is kind of like the light at the end of the tunnel.

So facebook stock down 52 tesla down 38 amazon down 25 percent amd down 37 tqq down 56 and based off of previous highs on each one of the stocks and again a lot of these are are some of the most valuable companies and the leaders in their Niche right facebook offers 126 roi potential, so we can check this out and facebook on the four hour time frame if it were to recover, which of course, it 100 doesn't have to make a full recovery, but it has huge roi potentials over a hundred percent. We got tesla at 62, roi amazon, one of the again the most valuable companies. Let's be honest, amazon isn't going anywhere 33 roi potential. It's not that it has to recover right now, but again putting things into perspective.

This is why you're, probably watching this video. This is why you're still here, the market's been trash for two months over two months. So what is keeping you active? It's you understanding the potential the stock market still has when it does recover, because it's the question is not if the market will recover. We all know that it always does based off of history.

The question and the difficult question to ask yourself is: will you be able to tolerate it long enough to see and benefit from the recovery? This is why we like to encourage you to watch your position. Size right right now, it's not a time to be greedy right. Now, it's not a time that you know you want to just throw your money at anything and hope for the market to recover. This is a time to be calculated.

This is a time to be selective. It's not just that the market has to recover, so i'm going to throw my money at something, but it's challenging because we don't know how long it's going to take. So all i ever ask you to ask yourself: is that make sure you put yourself in a position to succeed these stocks? You should not be expecting them to recover right away whatever stock that you view as a good quality investment that was previously doing well, but right now, based off of current market conditions might not be doing the best. Then this is where you can really set your future self up for success and, of course, i had to throw it in there tqq with a little bit over 129 roi.

I thought it was something worth talking about. There's huge roi potential in tech. The question is not if it will recover we've seen based off of year after year after year, no matter how bad things get even in 2008, the market always recovered, but it took time. So if your intention and i feel like i have to have this conversation with you guys just to again keep that same mindset and mentality because it's hard, you can really begin to cloud things when you're trying to make money every single day, if you're trying to Make money every single day, then you're, right, probably tech stocks right now are not going to be your best bet.

They're bullish, i mean they're bearish right, they're selling off it's just like direction's, not in your favor. It's going to be more difficult. Just understand that right, but if your intention is to prepare now to make money later down the road you're sitting on a gold mine, think about it right, it's it's unreal and that's why i wanted to talk about not just tax stocks but as well as, of Course, right if the market begins to continue to drop, you should all know what goes up when the market gets down right if you'd like to focus on the dow jones. This is the s down.

This goes up when the market goes down right. The dow jones has been choppy again - i probably wouldn't recommend trying to go against the dow jones. Even during this market we got the s p. 500 etf.

It looks a little bit more on the overbought set in my opinion, but this goes up when the s p 500 goes down, and then we have sqq. This goes up when the nasdaq market goes down. Nasdaq market was down today. Sqq was up 5.8 percent.

So, for all those that are trying to make money right now know that there are ways on how you can make money right now, but if you don't want to take on that risk, don't right. I feel like everyone's always trying to find like the easy way out. It's not easy! It's all about your intention. If your intention is to day trade, then again focus on what's bullish right now, but if your intention is to make money later down the road, then i know it's difficult.

I know it's challenging right now to kind of see the light at the end of the tunnel, but just know right. It's just give it time. Stay patient watch your position size. This is probably not the best time to be fully invested, as things can definitely get worse right.

Just time and time again, we just continue to receive more bad news, but again there will come a time where the market will begin to recover. The only question you should be asking yourself is: will you be there to be able to strike? That's that's my question for you, so i really do appreciate you guys time. I'm excited for tomorrow's live trading session. I wanted to show you right now.

We got the nasdaq future, which is forward, slash and key right now, it's up about half of a percent, meaning that tqqq should be up 1.5 during the pre-market session. So i'm excited to follow up and to see during our live trading session tomorrow, to see if the market finally is in the green, and if we can take a couple of day trade positions. If direction is in our favor one of the last things that i quickly want to talk about is by this friday, so not not next week, not any other time by this friday. Let me go ahead and refresh this we're giving away an iphone 13 pro.

All you have to do is it's the fourth link in the description head on over to shoptechbuds.com. You can pick up any of your favorite teas. You can pick up anything right, a mouse pad for your trading setup. You can pick up some wall art a flag.

You can literally pick up a trading journal for every one dollar you spend, it equals five automatic entries and that will put you an effort to to win our iphone 13 pro and again. This giveaway ends on march 18th. So again, if you want to partake in this and then this friday make sure you head on over to shoptechbuds.com and you enter today, so if you guys want to join our live trading session, make sure you click that second link down below, and i will see You tomorrow at market open. I appreciate you guys time if you have any specific questions that you guys would like to ask me comment that down below or you can direct message me within my free trading group chat and that's that first link in the description.

I appreciate you guys time, like always, let's make sure that we end the year on a green now, take it easy team.