Fed Jpowell speaks today and the market is waiting for his words. Inflation decelerates slightly from 40-year high as CPI rises 8.3% in April. April’s consumer price index report expected to show inflation has already peaked. How to read a cpi report and when will it be released?
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1. 📊 Join My Free Trading Group Chat: https://discord.gg/kwVQtmu
2.✅ LPP 2.0 (DAILY LIVE TRADING): https://learnplanprofit.net/
3.📸 Ricky's Instagram: www.instagram.com/rickygutierrezz
4.🖥 #1 Trading Mousepad: https://shoptechbuds.com/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 310,000!
#fed #stockmarketcrash #MARKETCRASH
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Webull trading app, How To Use Robinhood App, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
So what is causing the market to go up? What's going on team, it's ricky with tackle solutions, please, let's not forget that jerome powell is going to be speaking at a conference today with the wall street journal at 2, 00 p.m. Eastern standard time, if i'm not mistaken here in arizona and in california, that is 11 a.m. So please this is. This is what everyone is, is simply waiting for.
Are we going to raise interest rates more aggressive now that we have the cpi data that we received? Last week, that's the question that everyone is asking: inflation is not pulling back or correcting itself as quickly as anticipated. So is this something that he's going to touch on, but that being said, the market's going up today or the market did go up today. It peaked at about 6.5 percent right now. It's up 3.1 uh.
We just wrapped up our live trading session. With the learn plan, profit group uh up a little bit over 13k on the day. It doesn't really matter uh, because again, you know. My position is not something that i intend to sell, at least not all of it by the end of today uh.
One thing that i need you guys to be aware of is because i know a lot of you guys are either not invested yet or thinking about getting invested. I need you guys to be aware that, like you, shouldn't be getting too excited about the market being up three percent today when it was down three percent yesterday, it's insignificant right. These choppy days really don't mean much. It would be much more impressive if we see a five percent gain over a week right or a 10 gain week over week, something consistent, something actually showing signs of an uptrend.
This means nothing. I mean market has sold off all week last week, so the market being up. You know three percent today, after selling off three percent yesterday it doesn't come at much of a surprise. It's great i'm very grateful for it uh, but let's not get too excited right.
Looking at this on the four hour time frame very quickly, we could see this consistent descending pattern. I'm making you aware of this, even when i'm invested in tkq, just because i decided to do something, never means that you should as well - and i want you guys to be aware of this, because i want you to be more selective if you can't tolerate risk. If you're, not in it for the long haul, if you can't tolerate red days, then first off, maybe the market's, not even for you and, second of all, overall descending moving average, we can see these lower highs and lower lows. Overall market direction is not in your favor right now, so if you suck at managing risk, if you suck at tolerating red days, then getting in right now is probably too early for you.
I would rather you wait until what is said after 2 p.m and see how the map the market factors that, in i'm thinking about hosting a live stream i'll leave it up to you guys. It is kind of a short term notice. It's eight o'clock right now in arizona the live uh. The event is at uh, 11 a.m, arizona time. So, if you guys would like me to host that as a live stream, just destroy the like button. If this video gets over 1 000 likes and you subscribe to the channel, i would be more than happy to host that live stream, but i'll leave it up to you guys, i'm going to be at the h cube. So if you're part of learn plan profit, you guys can even just meet me at the hq and we could all kind of just you know prepare for the markets reaction uh shortly um after they begin to go, live so i'll. Leave it up to you guys.
Uh, the only other thing that i quickly wanted to talk about is walmart walmart reported earnings today, uh we saw this during our live trading session today with the lpp team uh, it dropped nine percent. So why is this significant? Well, if we look at this on the day, chart, look at this we're right back to previous support levels at 132. So does this mean that walmart is a buy? You know what the way that i think of it. It's let the sucker bleed.
We don't know if it's going to find a support at 132. We don't know if it's going to sell off to 120 right. Let the sucker bleed, stop trying to predict the bottom of a stock. Let it bleed let it establish signs of a support and if finally, the bleeding stops, then you can begin to revisit the idea set.
Those alerts create your trade plan, create your investing plan and take advantage of the recovery potential that walmart offers. I love making you guys aware of what offers a decent, roi and yeah walmart because of this aggressive sell-off it sucks for current investors, but it's great for investors like you and i that weren't holding walmart. So now we get presented this deal for those that want to take advantage of it and that's what we're here to do so don't want to take too much more of your uh, your guys's time. I'm excited to follow up again, if you guys have any questions, especially if you're an absolute beginner, i'm responding to all of my direct messages via discord.
My instagram is still down, i got hacked and then i got disabled so right now i don't have an instagram message me on discord, especially if you're an absolute beginner and that's that first link in the description. If you guys would like me to host today's live stream, uh that's going to be at 11 am make sure you just show that, like button and of course i trade live every morning. If you want to learn a little bit more about my learn, plan profit group and what it's like to watch me - trade live click, the third or second link down below learn a little bit more about our lpv team and see if it's a good fit for. You, if you're in arizona i'll see you guys at the hq today, like always, let's make sure that we in the year are green now, take it easy team.
If u could do a live. It would be dope
We are excited because the market is down actually.
Thank you sir
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Here first thanks for all the advice brother👌🏻