8:00 a.m.Discussion -- Chair Jerome H. Powell. Watch Live. Panel on Emerging Challenges for Central Bank Governors in a Digital World. At the Bank for International Settlements (BIS) Innovation Summit 2022 (Virtual)
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So i find it super interesting that the news that was released yesterday of the fed's uh, raising interest rate and taking a more aggressive approach actually caused the market to not necessarily drop uh but kind of consolidate right. It was kind of trading sideways today right at market open. We see the market just take off, not just overall market, but it looks like the apes are back temporarily amc. Making higher highs.

Amc is up a little bit over. I think 10. On the day. Please be very careful with the high risk high reward type of day trade.

In my opinion, uh. It came from lows of four dollars: hit highs of 72 and now it's trading back at lows of 16.. So, although it might be up 10 on the day, it has a really good habit of consistently selling off and making lower lows and lower highs. Please make sure that you look out for yourself in the sense that it is a very bearish stock.

So what is going on with tqq one of the things that i actually wanted to ask you guys is first off i reduced my position size. I did not do very well with tqeq. Today i got in very late to the rally if you're part of the learn plan profit of your huge shout out to you. My computer crashed uh or started buffering during our live trading session.

Today i had to restart it and literally when i began to restart it. That's when this overall reversal began to happen. I missed out on it. I don't like to fomo and jump right back in if the direction is not super clear.

So i waited for a little bit more of a clear reversal and then i locked in profits right away. I kept a couple shares and left it at that. So one of the things i want to give a shout out to all the members that were able to actually effectively um, you know day trade tiki, especially at these very oversold levels. I think that's uh super super interesting uh with everything that was said today and what has caused the market to go up.

Nothing uh. The the crazy thing is that yesterday there's a bunch of articles of like market downturn, markets are selling off after jerome powell announces aggressive interest rate hike, and today i literally read the same article, but all that was changed was um overall markets trading higher as feds And jerome powell um announce higher and more aggressive interest rate hikes it just i mean it's all about market sentiment right uh i feel, like people were just pretty much tired for the past two and a half months. There's no negative news. Things are not necessarily getting worse and i think that's really what it's coming down to as of right now there is nothing that is being announced that is factoring into the market of like hey things are going to get worse as right.

Now everything when it comes down to, like you know these interest rate hikes when it comes down to russia when it comes down to oil prices, when it comes down to inflation, it's already factored into the market for the past two and a half months. I think that's really why we're just seeing a lot more buying pressure. People are just tired of waiting, there's, nothing that is getting worse. The world is still going round and i think that's one of the main reasons that we're seeing the overall nasdaq market, especially it's one of the top gainers out of the three major markets today.
One of the things that i want to remind you is that it's all about opportunity costs right. Your job is to take advantage if you're a day trader of making sure that your upside potential outweighs your downside risk. I would be very, very careful and again i trade t q q, all the time, i'm not like other people, i'm not going to try to tell you to trade. The same thing that i trade i'm still in this and i'm telling you to watch out the reason.

Why is it start it's starting to slow down intraday? And this is the sixth green day that it's had in the past week and a half. So with that? Being said, i mean yes, it can continue to uptrend, but it has not really pulled back ever since those consecutive green days. But that being said, it's up over 40 percent after hitting previous lows at lows of i think 43, something like that. So it is still bullish, but it's somewhat losing momentum.

I did want to ask you guys tomorrow. It is to be sad that jerome powell is going to be speaking at 8 in the morning. I'm thinking about broadcasting that as a live stream, but it's really up to you guys if you guys would like me to go, live and pretty much just make sense of what it is that he's saying, and i would love to even trade it with you guys. Uh comment down below destroy that like button.

If this video gets over a thousand likes i'd love to live stream it for you guys so uh according to the fed schedule, it is tomorrow uh march 23rd, and that is going to be at 8 a.m. Eastern standard time, if i'm not mistaken so again, if you guys want me to host that live stream, i'd love to let's go ahead, and we did that something like that. Last week, where we traded as the nasdaq market began to recover, i made like 1700 there's a lot of excitement, a lot of energy, this one's a little bit earlier, so don't expect that same type of energy. But again, if it's a value to you, i would love to potentially host that live stream.

It's just up to you guys if you guys, i just want to make sure enough people end up showing up. So i hope that i earned your thumbs up. Please consider subscribing especially if i host tomorrow's live stream turn on your post notification, so you get alerted when it is that i go live from the reminder. If you guys are struggling to stay connected with other like-minded individuals, i do have a free discord group again.

It's worldwide and it's the first link in the description. If you guys want to be able to watch me, trade live every single day. Take two minutes, especially if you're an absolute beginner click. The second link in the description and learn a little bit more about my learn, plan profit group and how it is that i work with them on a closer basis.
I appreciate you guys time, like always, let's make sure that we end the year on a green. Now take it easy team.

By Stock Chat

where the coffee is hot and so is the chat

31 thoughts on “Fed meeting tomorrow!!! stock market crash news update”
  1. Avataaar/Circle Created with python_avatars BusinessDad says:

    Live for sure

  2. Avataaar/Circle Created with python_avatars Mo says:

    7:00 AM CST is too early for me!

  3. Avataaar/Circle Created with python_avatars Ben Ja says:

    I think ppl are losing respect for the fed and their decisions. There was a bloomberg interview earlier on their market opening show between John Ferro and Mohamed El-Erian that was really interesting if you get the chance to watch it I'd recommend.

  4. Avataaar/Circle Created with python_avatars AFAR A says:

    Go live but you may want to get a new computer 😅

  5. Avataaar/Circle Created with python_avatars Daisy Ortiz says:

    Live stream!

  6. Avataaar/Circle Created with python_avatars BlueCollar Mindset says:

    Dead cat bounce incoming 🐈‍⬛💀🚙

  7. Avataaar/Circle Created with python_avatars skatekids56 says:

    Live stream

  8. Avataaar/Circle Created with python_avatars Adam Wells says:

    Please live stream Ricky

  9. Avataaar/Circle Created with python_avatars Carlos Ceron says:

    Should we start looking into getting in SQQQ Ricky?

  10. Avataaar/Circle Created with python_avatars Pixel Pete (Peter Milko) says:

    I think its a bull trap, I will not hold.

  11. Avataaar/Circle Created with python_avatars rudy morales says:

    yessir live stream

  12. Avataaar/Circle Created with python_avatars Road2ForexMillionaire says:

    Amazing video bro. Inspired me to start uploading again and continue the journey 💪💪

  13. Avataaar/Circle Created with python_avatars David A Cordeiro says:

    Well done Ricky! Super useful info here! These extra lives are great and a huge bonus! Thank you 🙏

  14. Avataaar/Circle Created with python_avatars Robert J Stape says:

    Cool, thanks for the Fed calendar!

  15. Avataaar/Circle Created with python_avatars BobaStratt says:

    please host it

  16. Avataaar/Circle Created with python_avatars TheHunter says:

    I´d be in the lifestream for sure

  17. Avataaar/Circle Created with python_avatars Isaac Harris says:

    Would Love to see the live stream!

  18. Avataaar/Circle Created with python_avatars Andge79 says:

    Market is controlled by AI programs whose job is to extract the maximum profit possible from retail traders. Just watch the Put/Call ratio and it will always make sense.

  19. Avataaar/Circle Created with python_avatars Zack lapp says:

    Yes please! I would love to see a live stream! 💪🏼

  20. Avataaar/Circle Created with python_avatars felipe cejas says:

    i'll be there if he goes live

  21. Avataaar/Circle Created with python_avatars littledevil215 says:

    Live stream it!

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

    AMC and GME is going crazy today! wow… Are We back in this game again?? 😀

  23. Avataaar/Circle Created with python_avatars CAMS says:

    Lets trade with Powell Ricky!

  24. Avataaar/Circle Created with python_avatars Siseko Maci says:

    Good one

  25. Avataaar/Circle Created with python_avatars Claude Toussaint says:

    You guys are faster then me .

  26. Avataaar/Circle Created with python_avatars _Kronos_ says:

    Hey Ricky, yall join in this short, PDD short time. Chinese stocks should not be ripping up like this while they are supporting russia!

  27. Avataaar/Circle Created with python_avatars RaynersClips says:

    Thanks for the solid info Ricky

  28. Avataaar/Circle Created with python_avatars DONYTRUMPS says:

    I've never been so ready 4 this meeting!!! ONG!!!!😬😬😬😬💯💯

  29. Avataaar/Circle Created with python_avatars John McCall says:

    Howdy!

  30. Avataaar/Circle Created with python_avatars Meditation says:

    Quick

  31. Avataaar/Circle Created with python_avatars Tawfiq Ahmed says:

    First

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